T40 - Individual income tax - Illinois (1994 - 2011) (Thousands of US$)
Year
Quarter
Value
1994
Q1 1994
$1,360,884
1994
Q2 1994
$1,425,714
1994
Q3 1994
$1,200,911
1994
Q4 1994
$1,174,752
1995
Q1 1995
$1,427,336
1995
Q2 1995
$1,509,160
1995
Q3 1995
$1,306,955
1995
Q4 1995
$1,278,486
1996
Q1 1996
$1,553,374
1996
Q2 1996
$1,642,423
1996
Q3 1996
$1,421,240
1996
Q4 1996
$1,390,281
1997
Q1 1997
$1,689,205
1997
Q2 1997
$1,786,043
1997
Q3 1997
$1,579,539
1997
Q4 1997
$1,545,132
1998
Q1 1998
$1,877,350
1998
Q2 1998
$1,984,974
1998
Q3 1998
$1,579,539
1998
Q4 1998
$1,545,132
1999
Q1 1999
$1,877,350
1999
Q2 1999
$1,984,974
1999
Q3 1999
$1,644,788
1999
Q4 1999
$1,640,535
2000
Q1 2000
$2,272,950
2000
Q2 2000
$2,713,373
2000
Q3 2000
$1,763,852
2000
Q4 2000
$1,631,196
2001
Q1 2001
$1,867,375
2001
Q2 2001
$2,405,920
2001
Q3 2001
$1,679,520
2001
Q4 2001
$1,650,800
2002
Q1 2002
$1,945,837
2002
Q2 2002
$2,195,228
2002
Q3 2002
$1,648,066
2002
Q4 2002
$1,661,059
2003
Q1 2003
$1,862,628
2003
Q2 2003
$2,169,229
2003
Q3 2003
$1,600,339
2003
Q4 2003
$1,571,274
2004
Q1 2004
$1,902,394
2004
Q2 2004
$2,181,615
2004
Q3 2004
$1,675,372
2004
Q4 2004
$1,661,305
2005
Q1 2005
$2,130,841
2005
Q2 2005
$2,511,261
2005
Q3 2005
$1,817,907
2005
Q4 2005
$1,734,644
2006
Q1 2006
$2,264,920
2006
Q2 2006
$2,817,633
2006
Q3 2006
$1,963,943
2006
Q4 2006
$1,820,838
2007
Q1 2007
$2,522,527
2007
Q2 2007
$3,101,128
2007
Q3 2007
$2,071,646
2007
Q4 2007
$2,017,821
2008
Q1 2008
$2,803,540
2008
Q2 2008
$3,427,232
2008
Q3 2008
$2,149,834
2008
Q4 2008
$1,968,785
2009
Q1 2009
$2,448,000
2009
Q2 2009
$2,899,039
2009
Q3 2009
$2,104,226
2009
Q4 2009
$2,110,793
2010
Q1 2010
$2,515,231
2010
Q2 2010
$2,702,995
2010
Q3 2010
$2,134,865
2010
Q4 2010
$2,176,136
2011
Q1 2011
$3,501,782
2011
Q2 2011
$4,488,993
2011
Q3 2011
$3,881,906
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.
