Maryland reports $246 million in miscellaneous tax revenue in Q4 2021

Brook E. Lierman, Maryland Comptroller - Comptroller of Maryland
Brook E. Lierman, Maryland Comptroller - Comptroller of Maryland
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Maryland collected $246 million in miscellaneous tax revenue during the fourth quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is an increase of 67.4% compared to the previous quarter, when Maryland collected $147 million in such taxes.

Overall, Maryland collected $7.5 billion in combined tax revenues in the fourth quarter of 2021.

The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.

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.

Q4 2021 Maryland Tax Collections
Type of TaxAmount (in millions of dollars)
Sales and Gross Receipts Taxes$3,622
Income Taxes$3,199
License Taxes$272
Miscellaneous Taxes$246
Property Taxes$162
Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.



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