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Hoosier State Today

Wednesday, November 6, 2024

Residents and visitors to Indiana paid $29.3 billion in taxes in 2022

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Indiana collected $29.3 billion in taxes in 2022, a 9.8 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 ($15.1 billion) and income taxes ($13.3 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.

2022 Indiana Tax Collections
Type of TaxAmount
Property taxes$15,898,000
Sales and gross receipts taxes$15,081,598,000
License taxes$871,383,000
Income taxes$13,288,580,000
Miscellaneous taxes$1,508,000
General sales and gross receipts taxes$10,388,976,000
Selective sales and gross receipts taxes$4,692,622,000
Alcoholic beverages sales tax$53,718,000
Amusements sales tax$722,972,000
Insurance premiums sales tax$257,529,000
Motor fuels sales tax$1,658,104,000
Pari-mutuels sales tax$1,696,000
Public utilities sales tax$218,703,000
Tobacco products sales tax$387,364,000
Other selective sales and gross receipts taxes$1,392,536,000
Alcoholic beverages license$32,131,000
Amusements license$8,140,000
Corporations in general license$11,747,000
Hunting and fishing license$21,961,000
Motor vehicle license$356,767,000
Motor vehicle operators license$270,819,000
Public utilities license$0
Occupation and business license, NEC$62,918,000
Other license taxes$106,900,000
Individual income taxes$11,749,037,000
Corporations net income taxes$1,539,543,000
Death and gift taxes$25,000
Documentarty and stock transfer taxes$0
Severance taxes$1,483,000
Taxes, NEC$0

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