If your income in 2020 was $72,000 or less, you qualify to receive free virtual tax assistance from the department. Combined individual and corporate income tax revenue was up by $49.7 billion in the third quarter of 2020 compared to the same period in 2019, nearly equal to the $50.2 billion total increase in tax revenue across the same two quarters. Name Description IL-1040: Instructions: Individual Income Tax Return - New - General Instructions for the Unemployment Exclusion - 04/09/2021 IL-1040-X: Instructions: Amended Individual Income Tax Return: IL-1040-ES 2021 Estimated Income Tax Payments for Individuals Use this form for payments that are due on April 15, 2021, June 15, 2021, September 15, 2021, and January 18, 2022. Reasons for this decline include a nationwide drop of 9.9% in corporate tax revenue; a 4.1% drop in sales tax revenue; and a 3.1% drop in personal income tax revenue. Amory’s total for this March is $165,806.66, compared … Find out when all state tax returns are due. Compiled by: Eric Skiff December 2020. DR 0104PN - Part-Year/Nonresident Computation Form. Comparing the first three quarters of 2020 to the same time period in 2019 gives a fuller picture of how the pandemic affected state revenues. Track how COVID-19 is spreading in the US, plus key indicators for pandemic recovery. The number of new jobs and the unemployment rate are regularly cited in the news, but they’re just part of the picture. Click Here The Arizona Department of Revenue (ADOR) urges taxpayers to file soon as the deadline to file tax year 2020 individual income tax returns is May 17. DR 0158-I - Extension of Time for Filing Colorado Individual Income Tax Download Quarterly Summary of State and Local Government Tax Revenue for Fourth Quarter 2020 [PDF - <1.0 MB] The fourth quarter of 2020 combined tax revenues for property, sales and gross receipts, and income taxes increased 6.8 percent … Code Ann. In the second quarter of 2020 — or April through June — state tax collections dropped 29% compared to the same quarter in 2019. The Alabama Department of Revenue is an Affirmative Action/Equal Opportunity ... Also, significant in 1919 was the passage of the General Revenue Act, which authorized the State Tax Commission to issue tags to motor vehicle dealers, issue replacement tags, and collect charges for those services. PA-8879 -- 2020 Pennsylvania e-file Signature Authorization Nettleton’s total for this March was $36,987.76, compared to $28,598.13 in March 2020 and $36,127.18 last month. For additional guidance, visit DOR’s website at dor.in.gov and click on the “Learn More” button under “Unemployment Compensation and State Taxes”. Which jobs have the highest representation of Asian Americans? States collected $306.7 billion in tax revenue between July and September, up 19.6% compared to the same quarter of 2019, according to data from the Census Bureau. For more data on government spending and revenue during the pandemic, along with other economic and health-related indicators, visit the COVID-19 Impact and Recovery Hub. July 1, 2020. Note that these regulations were immediately effective on April 8, 2020. For information related to unemployment income, please read FAQ #3. Bulk Extensions File your clients' Individual, Corporate and Composite Partnership extension in bulk. DR 0104X - Amended Individual Income Tax Return. Guidance on $600 Income Tax Rebates. Three states reported gas tax revenue declines of over 20%: Washington (-29.8%), Michigan (-24.9%), and Louisiana (-20.8%). Data shines a spotlight on racial inequities in American life. Note, this data includes state taxes only. DR 0104EP- Individual Estimated Income Tax Payment Form. OF STATE TAXES 2020. One reason for this is that many states, along with the federal government, shifted their income tax filing deadlines from spring to summer of 2020 — or from the second to third quarter — in response to the pandemic. Entire report in PDF. What’s in the $900 billion coronavirus relief package. 11 states lost jobs in December. Notice: Insurance Premiums Tax 50% Prepayment Due June 1, 2020 : 04.20.20: The Corporation Business Tax Special Adoption Regulations have been finalized and were sent to the Office of Administrative Law (OAL) on April 8 for publication in the NJ Register on May 4, 2020. Beginning January 1, 2021, Miss. Michigan lost the most. 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