Home > New Jersey Tax Revenue - T40 - Individual income tax - Q3 2011

Tax Type State Variables Year Quarter

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T40 - Individual income tax - New Jersey (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $1,672,588
1994 Q2 1994 $788,388
1994 Q3 1994 $1,105,715
1994 Q4 1994 $1,395,299
1995 Q1 1995 $1,204,172
1995 Q2 1995 $834,896
1995 Q3 1995 $1,002,263
1995 Q4 1995 $1,201,051
1996 Q1 1996 $1,039,300
1996 Q2 1996 $1,484,457
1996 Q3 1996 $980,429
1996 Q4 1996 $1,160,761
1997 Q1 1997 $1,112,056
1997 Q2 1997 $1,561,606
1997 Q3 1997 $987,761
1997 Q4 1997 $1,275,560
1998 Q1 1998 $1,432,838
1998 Q2 1998 $1,894,420
1998 Q3 1998 $1,186,103
1998 Q4 1998 $1,384,293
1999 Q1 1999 $1,612,994
1999 Q2 1999 $2,140,503
1999 Q3 1999 $1,192,147
1999 Q4 1999 $1,576,008
2000 Q1 2000 $1,749,673
2000 Q2 2000 $2,687,405
2000 Q3 2000 $1,380,240
2000 Q4 2000 $1,865,347
2001 Q1 2001 $2,049,276
2001 Q2 2001 $2,694,359
2001 Q3 2001 $1,513,473
2001 Q4 2001 $1,618,744
2002 Q1 2002 $1,688,460
2002 Q2 2002 $2,016,315
2002 Q3 2002 $1,367,074
2002 Q4 2002 $1,668,473
2003 Q1 2003 $1,605,922
2003 Q2 2003 $2,093,813
2003 Q3 2003 $1,321,052
2003 Q4 2003 $1,777,777
2004 Q1 2004 $1,764,600
2004 Q2 2004 $2,537,304
2004 Q3 2004 $1,638,866
2004 Q4 2004 $2,070,456
2005 Q1 2005 $2,164,435
2005 Q2 2005 $3,664,182
2005 Q3 2005 $1,930,475
2005 Q4 2005 $2,187,335
2006 Q1 2006 $2,366,714
2006 Q2 2006 $4,022,041
2006 Q3 2006 $1,872,559
2006 Q4 2006 $2,395,810
2007 Q1 2007 $2,853,913
2007 Q2 2007 $4,604,910
2007 Q3 2007 $2,128,902
2007 Q4 2007 $2,719,624
2008 Q1 2008 $2,648,463
2008 Q2 2008 $5,108,556
2008 Q3 2008 $2,175,396
2008 Q4 2008 $2,468,913
2009 Q1 2009 $2,290,311
2009 Q2 2009 $3,541,647
2009 Q3 2009 $1,981,870
2009 Q4 2009 $2,427,643
2010 Q1 2010 $2,269,937
2010 Q2 2010 $3,643,493
2010 Q3 2010 $1,930,472
2010 Q4 2010 $2,443,993
2011 Q1 2011 $2,517,502
2011 Q2 2011 $4,271,267
2011 Q3 2011 $2,146,878

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.

Source: U.S. Census Bureau

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.