First State Times

Delaware collected $524 million in individual income taxes during the fourth quarter of 2023, a 0.6% decrease from the same period in the previous year, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

In the fourth quarter of 2022, $527 million was collected in individual income taxes.

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 state governments.

Overall, Delaware collected $1.3 billion in combined tax revenues in the fourth quarter of 2023.

Type of Tax	Amount (in millions of dollars)
Sales and Gross Receipts Taxes	$132
License Taxes	$433
Individual Income Taxes	$524
Total Income Taxes	$640
Other Taxes	$56

Source: U.S. Census Bureau