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Most tax revenue came from income taxes ($19 billion) and sales and gross receipts taxes ($16.3 billion).
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2020 New Jersey Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $4,974,000 |
| Sales and gross receipts taxes | $16,271,749,000 |
| License taxes | $1,691,586,000 |
| Income taxes | $18,977,957,000 |
| Miscellaneous taxes | $981,216,000 |
| General sales and gross receipts taxes | $11,068,018,000 |
| Selective sales and gross receipts taxes | $5,203,731,000 |
| Alcoholic beverages sales tax | $151,731,000 |
| Amusements sales tax | $278,199,000 |
| Insurance premiums sales tax | $686,682,000 |
| Motor fuels sales tax | $487,883,000 |
| Pari-mutuels sales tax | $0 |
| Public utilities sales tax | $910,079,000 |
| Tobacco products sales tax | $583,839,000 |
| Other selective sales and gross receipts taxes | $2,105,318,000 |
| Alcoholic beverages license | $3,492,000 |
| Amusements license | $54,425,000 |
| Corporations in general license | $374,586,000 |
| Hunting and fishing license | $14,827,000 |
| Motor vehicle license | $628,977,000 |
| Motor vehicle operators license | $53,070,000 |
| Public utilities license | $21,565,000 |
| Occupation and business license, NEC | $538,792,000 |
| Other license taxes | $1,852,000 |
| Individual income taxes | $15,412,766,000 |
| Corporations net income taxes | $3,565,191,000 |
| Death and gift taxes | $436,756,000 |
| Documentarty and stock transfer taxes | $544,460,000 |
| Severance taxes | $0 |
| Taxes, NEC | $0 |
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