Indiana collects $91 million in miscellaneous taxes during Q2 2022

Bob Grennes Commissioner of Revenue at Indiana Department of Revenue - Indiana Department of Revenue
Bob Grennes Commissioner of Revenue at Indiana Department of Revenue - Indiana Department of Revenue
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Indiana collected $91 million in miscellaneous tax revenue during the second quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is an increase of 127.5% compared to the previous quarter, when Indiana collected $40 million in such taxes.

Overall, Indiana collected $9.5 billion in combined tax revenues in the second quarter of 2022.

The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q2 2022 Indiana Tax Collections
Type of Tax Amount (in millions of dollars)
Income Taxes $5,230
Sales and Gross Receipts Taxes $3,969
License Taxes $242
Miscellaneous Taxes $91

Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.



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