T40 - Individual income tax - North Carolina (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$936,035
1994
Q2 1994
$1,209,617
1994
Q3 1994
$1,112,616
1994
Q4 1994
$1,149,858
1995
Q1 1995
$1,128,765
1995
Q2 1995
$1,274,236
1995
Q3 1995
$1,211,038
1995
Q4 1995
$1,194,346
1996
Q1 1996
$1,160,773
1996
Q2 1996
$1,362,851
1996
Q3 1996
$1,242,643
1996
Q4 1996
$1,351,991
1997
Q1 1997
$1,262,919
1997
Q2 1997
$1,601,411
1997
Q3 1997
$1,255,972
1997
Q4 1997
$1,539,117
1998
Q1 1998
$1,344,901
1998
Q2 1998
$1,888,879
1998
Q3 1998
$1,623,754
1998
Q4 1998
$1,568,420
1999
Q1 1999
$1,543,102
1999
Q2 1999
$2,000,197
1999
Q3 1999
$1,656,657
1999
Q4 1999
$1,658,757
2000
Q1 2000
$1,747,838
2000
Q2 2000
$2,145,826
2000
Q3 2000
$1,739,804
2000
Q4 2000
$1,811,507
2001
Q1 2001
$1,546,839
2001
Q2 2001
$2,426,721
2001
Q3 2001
$1,855,851
2001
Q4 2001
$1,801,323
2002
Q1 2002
$1,557,141
2002
Q2 2002
$2,050,926
2002
Q3 2002
$1,842,415
2002
Q4 2002
$1,854,032
2003
Q1 2003
$1,481,164
2003
Q2 2003
$1,911,532
2003
Q3 2003
$1,855,059
2003
Q4 2003
$2,008,034
2004
Q1 2004
$1,507,172
2004
Q2 2004
$2,140,712
2004
Q3 2004
$1,963,917
2004
Q4 2004
$2,087,540
2005
Q1 2005
$1,654,058
2005
Q2 2005
$2,722,038
2005
Q3 2005
$2,178,129
2005
Q4 2005
$2,297,769
2006
Q1 2006
$1,896,580
2006
Q2 2006
$3,094,800
2006
Q3 2006
$2,365,984
2006
Q4 2006
$2,415,306
2007
Q1 2007
$2,176,191
2007
Q2 2007
$3,631,470
2007
Q3 2007
$2,556,377
2007
Q4 2007
$2,540,699
2008
Q1 2008
$2,231,762
2008
Q2 2008
$3,665,089
2008
Q3 2008
$2,571,741
2008
Q4 2008
$2,597,392
2009
Q1 2009
$2,033,669
2009
Q2 2009
$2,357,550
2009
Q3 2009
$2,408,935
2009
Q4 2009
$2,471,074
2010
Q1 2010
$2,078,867
2010
Q2 2010
$2,174,812
2010
Q3 2010
$2,382,317
2010
Q4 2010
$2,587,532
2011
Q1 2011
$2,202,082
2011
Q2 2011
$2,697,560
2011
Q3 2011
$2,568,174
Code: T40 Individual Income Taxes
Definition: Taxes on individuals measured by net income and taxes on special types of income (e.g., interest, dividends, income from intangible property, etc.).
Includes: For local governments, includes wages, salaries, and other compensation earned by both residents and nonresidents, that are subject to tax collections by the reporting government.
Excludes: Taxes using income from intangible property as a measure of its value as of assessment date (report at Property Taxes, code T01); income taxes on unincorporated businesses (report at Corporation Net Income, code T41); payroll taxes to finance insurance trusts programs, such as Social Security taxes (report at appropriate Social Insurance Trust Revenue code); and city gross earnings taxes (report at Taxes, NEC, code T99).
Special Consideration: This category includes combined individual and corporation income taxes where proceeds could not be separated in older, historical data.
Category: Income Taxes
Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).
Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.
Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.
About this application: This application presents data from the US Census Quarterly Summary of State and Local Government Tax Revenue. The summary provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states. This quarterly survey has been conducted continuously since 1962. The information contained in this survey is the most current information available on a nationwide basis for government tax collections.
