Home > Virginia Tax Revenue - T40 - Individual income tax - Q3 2011

Tax Type State Variables Year Quarter

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T40 - Individual income tax - Virginia (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $861,355
1994 Q2 1994 $1,082,095
1994 Q3 1994 $957,441
1994 Q4 1994 $992,037
1995 Q1 1995 $919,092
1995 Q2 1995 $1,082,095
1995 Q3 1995 $1,006,150
1995 Q4 1995 $1,017,625
1996 Q1 1996 $967,376
1996 Q2 1996 $1,309,771
1996 Q3 1996 $1,087,099
1996 Q4 1996 $1,099,497
1997 Q1 1997 $1,137,016
1997 Q2 1997 $1,404,179
1997 Q3 1997 $1,211,430
1997 Q4 1997 $1,262,020
1998 Q1 1998 $1,155,350
1998 Q2 1998 $1,704,254
1998 Q3 1998 $1,376,422
1998 Q4 1998 $1,328,448
1999 Q1 1999 $1,466,025
1999 Q2 1999 $1,916,956
1999 Q3 1999 $1,513,339
1999 Q4 1999 $1,645,070
2000 Q1 2000 $1,511,655
2000 Q2 2000 $2,548,927
2000 Q3 2000 $1,513,645
2000 Q4 2000 $1,694,147
2001 Q1 2001 $1,730,962
2001 Q2 2001 $2,287,556
2001 Q3 2001 $1,890,809
2001 Q4 2001 $1,796,039
2002 Q1 2002 $1,118,802
2002 Q2 2002 $1,934,477
2002 Q3 2002 $1,642,622
2002 Q4 2002 $1,736,485
2003 Q1 2003 $1,486,763
2003 Q2 2003 $1,909,876
2003 Q3 2003 $1,757,512
2003 Q4 2003 $1,924,193
2004 Q1 2004 $1,588,881
2004 Q2 2004 $2,151,485
2004 Q3 2004 $1,966,916
2004 Q4 2004 $2,033,589
2005 Q1 2005 $1,805,813
2005 Q2 2005 $2,546,048
2005 Q3 2005 $1,571,379
2005 Q4 2005 $2,802,313
2006 Q1 2006 $1,971,084
2006 Q2 2006 $2,728,301
2006 Q3 2006 $2,166,620
2006 Q4 2006 $2,749,053
2007 Q1 2007 $2,093,499
2007 Q2 2007 $3,229,604
2007 Q3 2007 $2,399,145
2007 Q4 2007 $2,335,343
2008 Q1 2008 $2,168,421
2008 Q2 2008 $3,211,924
2008 Q3 2008 $2,470,003
2008 Q4 2008 $2,488,090
2009 Q1 2009 $1,662,779
2009 Q2 2009 $2,573,483
2009 Q3 2009 $2,218,303
2009 Q4 2009 $2,340,827
2010 Q1 2010 $1,731,793
2010 Q2 2010 $2,368,547
2010 Q3 2010 $2,345,085
2010 Q4 2010 $2,481,754
2011 Q1 2011 $1,961,212
2011 Q2 2011 $2,742,577
2011 Q3 2011 $2,471,577

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.