Financial Accounts of the United States - Z.1
L.228 Taxes Payable by Businesses
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 581.8 | 588.2 | 590.8 | 584.7 | 588.2 | 607.0 | 654.5 | 591.2 | 590.8 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 266.7 | 251.4 | 262.2 | 255.9 | 251.4 | 274.3 | 297.9 | 258.6 | 262.2 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 155.6 | 164.4 | 170.6 | 162.1 | 164.4 | 170.5 | 188.1 | 170.7 | 170.6 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178003 | 109.7 | 124.2 | 112.7 | 119.1 | 124.2 | 107.5 | 109.9 | 112.3 | 112.7 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 13.2 | 12.9 | 11.7 | 11.9 | 12.9 | 15.6 | 15.9 | 12.2 | 11.7 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.7 | 8.1 | 5.1 | 7.2 | 8.1 | 10.6 | 11.8 | 8.3 | 5.1 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 15.3 | 14.9 | 14.1 | 14.6 | 14.9 | 15.0 | 15.2 | 14.5 | 14.1 | 7 |
| Security brokers and dealers; total taxes payable; liability | FL663178005 | 13.6 | 12.2 | 14.4 | 13.9 | 12.2 | 13.6 | 15.7 | 14.5 | 14.4 | 8 |
| All sectors; taxes receivable; asset | FL893078005 | 409.8 | 555.0 | 536.0 | 558.0 | 555.0 | 595.9 | 650.3 | 546.8 | 536.0 | 9 |
| Federal government; total taxes receivable; asset | FL313078000 | 239.8 | 376.2 | 350.9 | 381.5 | 376.2 | 411.0 | 447.8 | 361.7 | 350.9 | 10 |
| State and local governments; taxes receivable; asset | FL213078005 | 170.0 | 178.8 | 185.0 | 176.5 | 178.8 | 184.9 | 202.6 | 185.1 | 185.0 | 11 |
| Instrument discrepancies; taxes receivable | FL903078005 | 171.9 | 33.2 | 54.9 | 26.7 | 33.2 | 11.1 | 4.2 | 44.4 | 54.9 | 12 |
Last Update: March 11, 2021