header images
2 - Brooklyn Bridge (c) Jeff Greenberg-NYC & Company, Inc.jpg
 

Table 16.II.A

New York City (NYC)
Components of Personal Income Tax Collections

 
     
  Categories of
Tax Collections
Fiscal Year Ended March 31st
(in thousands)
 
  2000 2010 2011 2012 2013 2014  
  Withholding
$4,011,390
$5,632,324
$6,078,908
$6,090,090
$6,479,990
$6,878,743
 
  Estimated Tax Payments
$1,272,821
$1,840,052
$1,638,758
$2,236,936
$2,263,576
$3,100,059
 
  Final Payments
$424,619
$302,965
$247,970
$309,153
$312,567
$380,378
 
  Delinquency Collections
$166,209
$247,875
$273,194
$285,111
$301,991
$297,324
 
  Refunds and Minor Offsets
$558,901
$1,376,164
$1,314,107
$1,169,622
$1,137,091
$1,363,979
 
  State to City Offsets
$322,746
-$60,841
$99,616
$364,788
$306,437
$613,713
 
  Net Collections¹
$5,638,883
$6,586,210
$7,024,339
$8,116,455
$8,527,470
$9,906,240
 
     
 

Note:
¹ Net Collections equals total gross collections plus state to city offsets minus refunds and minor offsets.

 
     
     
 

Return to Income & Taxes Section

 
     
     
 

Source:
NY State Dept. of Taxation and Finance - New York State Tax Collections (Table 28)

 

 

Baruch College Weissman Zicklin School of Business NYCdata