Drew Shirk Director of the Department of Revenue at Washington Department of Revenue | Washington Department of Revenue
Drew Shirk Director of the Department of Revenue at Washington Department of Revenue | Washington Department of Revenue
The previous quarter's individual income tax revenue was $12 million.
Individual income taxes are based on net personal income and taxes imposed on such income as dividends, interest, and income from intangibles.
In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.
The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
Overall, Washington collected approximately $9.7 billion in combined tax revenues in the second quarter of 2024, which is nearly identical to the amount collected in the previous quarter.
Type of Tax | Amount (millions) |
---|---|
Property Taxes | $390 |
Sales and Gross Receipts Taxes | $7,164 |
Individual Income Taxes | $901 |
License Taxes | $620 |
Other Taxes | $617 |