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 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
All sectors; taxes payable; liability FA893178005 7.2 14.6 18.7 28.9 216.9 -211.8 40.7 -74.9 -173.3 1
Nonfinancial corporate business; total taxes payable; liability FA103178005 -10.6 -6.8 13.8 49.1 166.8 -193.3 32.4 -43.2 -142.0 2
Nonfinancial noncorporate business; taxes payable; liability FA113178003 18.4 8.4 13.1 20.1 25.6 8.2 -1.6 18.8 2.2 3
U.S.-chartered depository institutions; total taxes payable (net); liability FA763178003 5.4 14.5 -11.2 -66.6 9.5 9.6 2.7 -67.0 -7.6 4
Property-casualty insurance companies; total taxes payable; liability FA513178005 -0.7 -0.3 0.4 10.6 1.1 -14.5 4.6 6.6 -11.6 5
Life insurance companies, general accounts; total taxes payable; liability FA543178075 -2.9 0.4 0.9 10.1 4.9 -14.3 3.0 4.9 -10.1 6
Finance companies; total taxes payable; liability FA613178005 -3.0 -0.4 -0.5 0.3 0.6 -2.9 0.0 1.9 -3.6 7
Security brokers and dealers; total taxes payable; liability FA663178005 0.6 -1.4 2.2 5.3 8.5 -4.6 -0.5 3.2 -0.7 8
All sectors; taxes receivable; asset FA893078005 34.7 -10.7 -5.5 -50.1 323.2 -315.3 20.2 -39.2 -270.4 9
Federal government; total taxes receivable; asset FA313078000 15.0 -20.3 -18.6 -67.5 300.2 -326.0 18.9 -54.7 -269.6 10
State and local governments; taxes receivable; asset FA213078005 19.7 9.6 13.1 17.5 23.0 10.7 1.2 15.5 -0.8 11
Instrument discrepancies; taxes receivable FA903078005 -27.4 25.2 24.2 79.0 -106.3 103.6 20.5 -35.7 97.0 12
Last Update: September 23, 2021