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Maryland State Wire

Monday, November 18, 2024

Residents and visitors to Maryland paid $25.2 billion in taxes in 2021

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Maryland collected $25.2 billion in taxes in 2021, a 5.6 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($12 billion) and sales and gross receipts taxes ($10.6 billion).

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 the bureau and how much was collected.

2021 Maryland Tax Collections
Type of TaxAmount
Property taxes$893,215,000
Sales and gross receipts taxes$10,587,203,000
License taxes$969,440,000
Income taxes$12,026,945,000
Miscellaneous taxes$743,738,000
General sales and gross receipts taxes$5,458,909,000
Selective sales and gross receipts taxes$5,128,294,000
Alcoholic beverages sales tax$38,941,000
Amusements sales tax$1,034,508,000
Insurance premiums sales tax$757,839,000
Motor fuels sales tax$1,025,338,000
Pari-mutuels sales tax$1,119,000
Public utilities sales tax$144,260,000
Tobacco products sales tax$388,243,000
Other selective sales and gross receipts taxes$1,738,046,000
Alcoholic beverages license$849,000
Amusements license$1,342,000
Corporations in general license$168,085,000
Hunting and fishing license$19,157,000
Motor vehicle license$520,688,000
Motor vehicle operators license$23,715,000
Public utilities license$0
Occupation and business license, NEC$233,561,000
Other license taxes$2,043,000
Individual income taxes$10,186,240,000
Corporations net income taxes$1,840,705,000
Death and gift taxes$240,585,000
Documentarty and stock transfer taxes$269,373,000
Severance taxes$0
Taxes, NEC$233,780,000

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