Quantcast

Big Sky Times

Saturday, November 23, 2024

Montana ranks 40th in the U.S. for the most income taxes paid in 2020

Adobestock 220956441

Adobe Stock

Adobe Stock

In 2020, Montana collected $1.5 billion in income taxes, ranking it 40th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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 cautions it sets the tax classifications among the survey categories, and 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.

U.S. income taxes by State in 2020
RankStateAmount
1California$94,230,200,000
2New York$58,483,690,000
3Illinois$21,448,044,000
4Massachusetts$19,947,124,000
5New Jersey$18,977,957,000
6Virginia$16,358,821,000
7Pennsylvania$14,882,239,000
8North Carolina$13,168,249,000
9Georgia$12,688,415,000
10Minnesota$12,527,608,000
11Maryland$12,024,332,000
12Connecticut$10,239,719,000
13Wisconsin$9,955,825,000
14Michigan$9,842,335,000
15Oregon$9,528,152,000
16Indiana$9,060,144,000
17Ohio$8,288,666,000
18Colorado$8,235,796,000
19Missouri$6,266,128,000
20South Carolina$5,600,556,000
21Kentucky$5,470,599,000
22Arizona$5,053,472,000
23Alabama$5,028,324,000
24Iowa$4,580,513,000
25Louisiana$4,366,639,000
26Utah$4,094,707,000
27Kansas$3,813,961,000
28Oklahoma$3,666,521,000
29Arkansas$3,383,968,000
30District of Columbia$3,104,933,000
31Nebraska$2,836,811,000
32Florida$2,481,710,000
33Hawaii$2,402,772,000
34Mississippi$2,282,688,000
35Idaho$2,159,428,000
36West Virginia$2,099,935,000
37Maine$2,059,590,000
38Delaware$1,930,761,000
39Tennessee$1,562,523,000
40Montana$1,525,034,000
41Rhode Island$1,455,159,000
42New Mexico$1,323,482,000
43Vermont$904,264,000
44New Hampshire$903,303,000
45North Dakota$458,354,000
46Alaska$162,611,000
47South Dakota$37,459,000
Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS