Financial Accounts of the United States - Z.1
F.228 Taxes Payable by Businesses
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | 276.3 | 7.2 | 14.6 | 16.2 | 33.5 | 213.7 | -216.3 | 34.0 | -73.5 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | 211.1 | -10.6 | -6.8 | 13.2 | 54.7 | 167.3 | -196.5 | 27.3 | -36.7 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 4.6 | 18.4 | 8.4 | 11.2 | 19.1 | 21.9 | 7.0 | -3.1 | 14.9 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178003 | 32.6 | 5.4 | 14.5 | -11.2 | -66.6 | 9.5 | 9.6 | 2.7 | -67.2 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | 5.5 | -0.7 | -0.3 | 0.4 | 10.6 | 1.1 | -14.5 | 4.6 | 6.6 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 2.2 | -2.9 | 0.4 | 0.9 | 10.1 | 4.9 | -14.3 | 3.0 | 4.9 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | 10.4 | -3.0 | -0.4 | -0.5 | 0.3 | 0.6 | -2.9 | 0.0 | 1.0 | 7 |
| Security brokers and dealers; total taxes payable; liability | FA663178005 | 9.8 | 0.6 | -1.4 | 2.2 | 5.3 | 8.5 | -4.6 | -0.5 | 3.2 | 8 |
| All sectors; taxes receivable; asset | FA893078005 | 225.6 | 34.5 | -12.5 | -0.8 | -35.3 | 323.5 | -321.3 | 29.8 | -48.7 | 9 |
| Federal government; total taxes receivable; asset | FA313078000 | 220.4 | 15.9 | -20.9 | -12.0 | -51.8 | 304.3 | -330.8 | 30.1 | -60.3 | 10 |
| State and local governments; taxes receivable; asset | FA213078005 | 5.2 | 18.6 | 8.4 | 11.2 | 16.4 | 19.2 | 9.4 | -0.3 | 11.6 | 11 |
| Instrument discrepancies; taxes receivable | FA903078005 | 50.6 | -27.3 | 27.0 | 17.1 | 68.8 | -109.8 | 105.1 | 4.1 | -24.7 | 12 |
Last Update: June 10, 2021