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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FA893178005 | 7.2 | 6.4 | 2.6 | 73.4 | 22.5 | 28.5 | 241.9 | -267.2 | 7.3 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FA103178005 | -10.6 | -15.3 | 10.8 | 30.1 | -9.4 | 44.6 | 146.5 | -171.1 | 23.3 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 18.4 | 8.8 | 6.3 | 9.6 | 9.1 | 24.5 | 70.6 | -69.8 | -0.3 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FA763178003 | 5.4 | 14.5 | -11.5 | 40.8 | 20.5 | -67.0 | 9.8 | 9.7 | 1.3 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FA513178005 | -0.7 | -0.3 | -1.3 | -3.6 | 3.9 | 10.6 | 1.1 | -14.5 | -2.2 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | -2.9 | 0.4 | -2.9 | -0.8 | 3.6 | 10.1 | 4.9 | -14.3 | -12.5 | 6 |
| Finance companies; total taxes payable; liability | FA613178005 | -3.0 | -0.4 | -0.9 | -1.7 | 1.4 | 0.3 | 0.6 | -2.5 | -1.8 | 7 |
| Security brokers and dealers; total taxes payable; liability | FA663178005 | 0.6 | -1.4 | 2.2 | -1.1 | -6.6 | 5.3 | 8.5 | -4.6 | -0.5 | 8 |
| All sectors; taxes receivable; asset | FA893078005 | 34.5 | -12.1 | -19.0 | -46.6 | 34.8 | -29.9 | 372.3 | -398.2 | -20.3 | 9 |
| Federal government; total taxes receivable; asset | FA313078000 | 15.9 | -20.9 | -25.3 | -58.2 | 23.5 | -51.8 | 304.3 | -330.8 | -22.8 | 10 |
| State and local governments; taxes receivable; asset | FA213078005 | 18.6 | 8.8 | 6.3 | 11.6 | 11.3 | 21.9 | 68.0 | -67.4 | 2.5 | 11 |
| Instrument discrepancies; taxes receivable | FA903078005 | -27.3 | 18.5 | 21.6 | 120.0 | -12.3 | 58.4 | -130.3 | 131.0 | 27.5 | 12 |
Last Update: March 11, 2021