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Hoosier State Today

Wednesday, November 6, 2024

Residents and visitors to Indiana paid $26.6 billion in taxes in 2021

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Indiana collected $26.6 billion in taxes in 2021, a 19.1 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($13.8 billion) and income taxes ($12 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

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

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

2021 Indiana Tax Collections
Type of TaxAmount
Property taxes$13,876,000
Sales and gross receipts taxes$13,847,723,000
License taxes$819,109,000
Income taxes$11,964,087,000
Miscellaneous taxes$1,057,000
General sales and gross receipts taxes$9,282,907,000
Selective sales and gross receipts taxes$4,564,816,000
Alcoholic beverages sales tax$58,542,000
Amusements sales tax$608,043,000
Insurance premiums sales tax$234,753,000
Motor fuels sales tax$1,545,597,000
Pari-mutuels sales tax$1,589,000
Public utilities sales tax$207,932,000
Tobacco products sales tax$410,363,000
Other selective sales and gross receipts taxes$1,497,997,000
Alcoholic beverages license$16,012,000
Amusements license$5,925,000
Corporations in general license$11,810,000
Hunting and fishing license$21,565,000
Motor vehicle license$351,739,000
Motor vehicle operators license$278,503,000
Public utilities license$0
Occupation and business license, NEC$47,155,000
Other license taxes$86,400,000
Individual income taxes$10,578,929,000
Corporations net income taxes$1,385,158,000
Death and gift taxes$289,000
Documentarty and stock transfer taxes$0
Severance taxes$768,000
Taxes, NEC$0

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