T40 - Individual income tax - Connecticut (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$540,528
1994
Q2 1994
$677,256
1994
Q3 1994
$540,522
1994
Q4 1994
$715,765
1995
Q1 1995
$493,349
1995
Q2 1995
$871,001
1995
Q3 1995
$555,456
1995
Q4 1995
$571,655
1996
Q1 1996
$617,665
1996
Q2 1996
$986,849
1996
Q3 1996
$600,946
1996
Q4 1996
$627,938
1997
Q1 1997
$646,495
1997
Q2 1997
$924,435
1997
Q3 1997
$675,122
1997
Q4 1997
$711,791
1998
Q1 1998
$732,086
1998
Q2 1998
$1,286,779
1998
Q3 1998
$719,858
1998
Q4 1998
$781,276
1999
Q1 1999
$755,928
1999
Q2 1999
$1,333,007
1999
Q3 1999
$756,887
1999
Q4 1999
$652,415
2000
Q1 2000
$798,700
2000
Q2 2000
$1,548,363
2000
Q3 2000
$640,473
2000
Q4 2000
$879,981
2001
Q1 2001
$1,009,451
2001
Q2 2001
$1,699,710
2001
Q3 2001
$613,001
2001
Q4 2001
$938,055
2002
Q1 2002
$865,133
2002
Q2 2002
$1,269,055
2002
Q3 2002
$586,408
2002
Q4 2002
$860,360
2003
Q1 2003
$794,561
2003
Q2 2003
$1,397,741
2003
Q3 2003
$662,589
2003
Q4 2003
$934,783
2004
Q1 2004
$1,035,867
2004
Q2 2004
$1,681,188
2004
Q3 2004
$697,168
2004
Q4 2004
$1,060,141
2005
Q1 2005
$1,865,264
2005
Q2 2005
$1,410,869
2005
Q3 2005
$747,725
2005
Q4 2005
$1,236,275
2006
Q1 2006
$1,640,180
2006
Q2 2006
$2,153,456
2006
Q3 2006
$841,846
2006
Q4 2006
$1,238,856
2007
Q1 2007
$1,803,524
2007
Q2 2007
$2,450,852
2007
Q3 2007
$950,639
2007
Q4 2007
$1,419,010
2008
Q1 2008
$1,935,670
2008
Q2 2008
$3,198,201
2008
Q3 2008
$844,599
2008
Q4 2008
$1,239,176
2009
Q1 2009
$1,358,173
2009
Q2 2009
$2,167,322
2009
Q3 2009
$726,956
2009
Q4 2009
$1,247,435
2010
Q1 2010
$1,327,490
2010
Q2 2010
$2,466,965
2010
Q3 2010
$821,714
2010
Q4 2010
$1,372,538
2011
Q1 2011
$1,506,125
2011
Q2 2011
$2,774,810
2011
Q3 2011
$923,686
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.
