Q1 2021 brings $2 million in miscellaneous tax revenue to South Dakota

Q1 2021 brings  million in miscellaneous tax revenue to South Dakota
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South Dakota collected $2 million in miscellaneous tax revenue during the first quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is a decrease of 50% compared to the previous year, when South Dakota collected $4 million in such taxes.

Overall, South Dakota collected $536 million in combined tax revenues in the first quarter of 2021.

During 2023, the U.S. government collected a total of $4.44 trillion in revenue. Individual income taxes were the biggest contributor, generating $2.18 trillion—nearly half of all revenue collected. Payroll taxes came in second, adding around $1.6 trillion to revenue. The third largest source was corporate income taxes, generating $420 billion.

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 the state governments.

Q1 2021 South Dakota Tax Collections
Type of Tax Amount (in millions of dollars)
Sales and Gross Receipts Taxes $452
License Taxes $68
Income Taxes $14
Miscellaneous Taxes $2


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