Wednesday, April 8, 2020
State Income Tax
The governor back in January - seems like a long time ago! - estimated that personal income tax receipts in April would be $18.4 billion. That estimate was conservative since in April 2019, the month's income tax receipts totaled about $19.2 billion.
While it is surprising that the tracker was posted this year, it has been and so we will track it from time to time, particularly after mid-month.
The tracker is at https://www.sco.ca.gov/2020_personal_income_tax_tracker.html