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 | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 574.6 | 581.8 | 596.4 | 612.6 | 616.4 | 656.9 | 606.3 | 612.6 | 605.5 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 277.2 | 266.7 | 259.9 | 273.1 | 285.3 | 314.1 | 268.4 | 273.1 | 275.2 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 137.2 | 155.6 | 164.0 | 175.2 | 168.8 | 174.3 | 176.0 | 175.2 | 179.0 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178003 | 104.3 | 109.7 | 124.2 | 113.0 | 107.6 | 109.9 | 112.3 | 113.0 | 96.2 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 14.0 | 13.2 | 12.9 | 13.4 | 15.6 | 15.9 | 12.2 | 13.4 | 15.0 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 10.6 | 7.7 | 8.1 | 9.0 | 10.6 | 11.8 | 8.3 | 9.0 | 10.2 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 18.3 | 15.3 | 14.9 | 14.4 | 15.0 | 15.2 | 14.4 | 14.4 | 14.7 | 7 |
| Security brokers and dealers; total taxes payable; liability | FL663178005 | 13.1 | 13.6 | 12.2 | 14.4 | 13.6 | 15.7 | 14.5 | 14.4 | 15.2 | 8 |
| All sectors; taxes receivable; asset | FL893078005 | 354.4 | 409.8 | 556.8 | 626.8 | 598.8 | 643.5 | 632.3 | 626.8 | 660.6 | 9 |
| Federal government; total taxes receivable; asset | FL313078000 | 203.0 | 239.8 | 378.4 | 437.1 | 415.6 | 454.8 | 441.9 | 437.1 | 467.2 | 10 |
| State and local governments; taxes receivable; asset | FL213078005 | 151.4 | 170.0 | 178.5 | 189.7 | 183.2 | 188.7 | 190.4 | 189.7 | 193.4 | 11 |
| Instrument discrepancies; taxes receivable | FL903078005 | 220.2 | 171.9 | 39.5 | -14.2 | 17.6 | 13.4 | -26.1 | -14.2 | -55.1 | 12 |
Last Update: June 10, 2021