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Tennessee collected $179.4 million in individual income taxes in 2021.
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
Tennessee Tax Collections 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Selective sales and gross receipts taxes | $3,697,895,000 | $3,432,404,000 |
Taxes, NEC | $14,870,000 | $13,427,000 |
Other license taxes | $10,135,000 | $10,105,000 |
Tobacco products sales tax | $228,231,000 | $242,926,000 |
Motor fuels sales tax | $1,274,055,000 | $1,210,808,000 |
Alcoholic beverages license | $1,842,000 | $1,669,000 |
Amusements license | $308,000 | $380,000 |
Individual income taxes | $9,480,000 | $179,379,000 |
General sales and gross receipts taxes | $12,887,107,000 | $11,060,457,000 |
Motor vehicle license | $398,576,000 | $387,781,000 |
Public utilities sales tax | $6,506,000 | $8,894,000 |
Occupation and business license, NEC | $486,472,000 | $453,191,000 |
Death and gift taxes | $640,000 | $1,434,000 |
Hunting and fishing license | $43,126,000 | $44,538,000 |
Insurance premiums sales tax | $1,223,183,000 | $1,108,673,000 |
Corporations in general license | $1,535,207,000 | $1,381,686,000 |
Severance taxes | $826,000 | $381,000 |
Documentarty and stock transfer taxes | $522,660,000 | $392,898,000 |
Alcoholic beverages sales tax | $292,498,000 | $210,708,000 |
Corporations net income taxes | $2,999,297,000 | $2,564,458,000 |
Amusements sales tax | $46,079,000 | $24,503,000 |
Other selective sales and gross receipts taxes | $627,343,000 | $625,892,000 |
Motor vehicle operators license | $35,625,000 | $48,880,000 |
Public utilities license | $6,099,000 | $4,900,000 |