T40 - Individual income tax - South Carolina (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$268,948
1994
Q2 1994
$287,667
1994
Q3 1994
$499,218
1994
Q4 1994
$512,279
1995
Q1 1995
$286,676
1995
Q2 1995
$357,781
1995
Q3 1995
$528,891
1995
Q4 1995
$533,498
1996
Q1 1996
$322,646
1996
Q2 1996
$428,426
1996
Q3 1996
$534,893
1996
Q4 1996
$578,539
1997
Q1 1997
$329,011
1997
Q2 1997
$490,550
1997
Q3 1997
$575,336
1997
Q4 1997
$611,862
1998
Q1 1998
$350,758
1998
Q2 1998
$549,506
1998
Q3 1998
$634,368
1998
Q4 1998
$664,778
1999
Q1 1999
$382,742
1999
Q2 1999
$304,276
1999
Q3 1999
$660,347
1999
Q4 1999
$728,379
2000
Q1 2000
$351,981
2000
Q2 2000
$704,852
2000
Q3 2000
$716,282
2000
Q4 2000
$705,673
2001
Q1 2001
$399,193
2001
Q2 2001
$677,670
2001
Q3 2001
$724,143
2001
Q4 2001
$285,592
2002
Q1 2002
$325,710
2002
Q2 2002
$617,053
2002
Q3 2002
$319,216
2002
Q4 2002
$298,581
2003
Q1 2003
$255,497
2003
Q2 2003
$607,961
2003
Q3 2003
$377,694
2003
Q4 2003
$880,968
2004
Q1 2004
$379,580
2004
Q2 2004
$800,468
2004
Q3 2004
$294,188
2004
Q4 2004
$954,123
2005
Q1 2005
$413,127
2005
Q2 2005
$911,137
2005
Q3 2005
$507,837
2005
Q4 2005
$992,044
2006
Q1 2006
$474,783
2006
Q2 2006
$1,109,659
2006
Q3 2006
$451,990
2006
Q4 2006
$1,044,594
2007
Q1 2007
$511,777
2007
Q2 2007
$1,231,107
2007
Q3 2007
$606,105
2007
Q4 2007
$1,113,467
2008
Q1 2008
$319,162
2008
Q2 2008
$1,063,153
2008
Q3 2008
$467,098
2008
Q4 2008
$943,695
2009
Q1 2009
$196,968
2009
Q2 2009
$718,947
2009
Q3 2009
$391,535
2009
Q4 2009
$936,646
2010
Q1 2010
$147,381
2010
Q2 2010
$703,327
2010
Q3 2010
$420,714
2010
Q4 2010
$962,127
2011
Q1 2011
$205,694
2011
Q2 2011
$819,558
2011
Q3 2011
$490,332
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.
