Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2011

Governor's Budget Recommendation FY 2011

Personal Income Tax


Fiscal Year 2011 Personal Income Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2009

FY2010

FY2011
1.000 - Exclusions from Gross Income 2,603.62,815.2 2,990.6
1.100 - Deferrals of Gross Income 881.41,022.7 1,108.7
1.200 - Deductions from Gross Income 4.34.4 4.6
1.300 - Accelerated Deductions from Gross Income 106.6115.6 125.3
1.400 - Deductions from Adjusted Gross Income 767.8791.4 820.8
1.600 - Credits Against Tax 182.3191.3 188.5
TOTAL 4,546.0 4,940.6 5,238.5

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