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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 596.4 | 615.1 | 616.7 | 658.0 | 607.4 | 615.1 | 608.1 | 562.3 | 561.1 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 259.9 | 273.7 | 285.3 | 314.1 | 268.1 | 273.7 | 274.7 | 239.4 | 231.3 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 164.0 | 177.1 | 169.1 | 175.5 | 177.5 | 177.1 | 181.8 | 179.9 | 178.9 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178003 | 124.2 | 113.0 | 107.6 | 109.9 | 112.3 | 113.0 | 96.3 | 94.4 | 101.1 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 12.9 | 13.4 | 15.6 | 15.9 | 12.2 | 13.4 | 15.0 | 12.1 | 11.3 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 8.1 | 9.0 | 10.6 | 11.8 | 8.3 | 9.0 | 10.2 | 7.7 | 7.6 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 14.9 | 14.4 | 15.0 | 15.2 | 14.4 | 14.4 | 14.9 | 13.7 | 14.8 | 7 |
| Security brokers and dealers; total taxes payable; liability | FL663178005 | 12.2 | 14.4 | 13.6 | 15.7 | 14.5 | 14.4 | 15.2 | 15.0 | 16.1 | 8 |
| All sectors; taxes receivable; asset | FL893078005 | 560.9 | 631.0 | 595.9 | 640.4 | 636.3 | 631.0 | 671.2 | 574.8 | 541.2 | 9 |
| Federal government; total taxes receivable; asset | FL313078000 | 380.0 | 437.0 | 409.9 | 448.1 | 441.9 | 437.0 | 472.5 | 375.5 | 337.9 | 10 |
| State and local governments; taxes receivable; asset | FL213078005 | 180.9 | 194.0 | 186.0 | 192.4 | 194.4 | 194.0 | 198.7 | 199.3 | 203.3 | 11 |
| Instrument discrepancies; taxes receivable | FL903078005 | 35.4 | -15.9 | 20.8 | 17.6 | -28.9 | -15.9 | -63.1 | -12.5 | 19.9 | 12 |
Last Update: December 9, 2021