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 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; taxes payable; liability | FL893178005 | 581.8 | 596.4 | 615.0 | 616.7 | 658.0 | 607.2 | 615.0 | 609.2 | 553.1 | 1 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 266.7 | 259.9 | 273.7 | 285.3 | 314.1 | 267.9 | 273.7 | 275.7 | 227.4 | 2 |
| Nonfinancial noncorporate business; taxes payable; liability | FL113178003 | 155.6 | 164.0 | 177.1 | 169.1 | 175.5 | 177.5 | 177.1 | 181.8 | 182.4 | 3 |
| U.S.-chartered depository institutions; total taxes payable (net); liability | FL763178003 | 109.7 | 124.2 | 113.0 | 107.6 | 109.9 | 112.3 | 113.0 | 96.3 | 94.4 | 4 |
| Property-casualty insurance companies; total taxes payable; liability | FL513178005 | 13.2 | 12.9 | 13.4 | 15.6 | 15.9 | 12.2 | 13.4 | 15.0 | 12.1 | 5 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.7 | 8.1 | 9.0 | 10.6 | 11.8 | 8.3 | 9.0 | 10.2 | 7.7 | 6 |
| Finance companies; total taxes payable; liability | FL613178005 | 15.3 | 14.9 | 14.4 | 15.0 | 15.2 | 14.4 | 14.4 | 14.9 | 14.0 | 7 |
| Security brokers and dealers; total taxes payable; liability | FL663178005 | 13.6 | 12.2 | 14.4 | 13.6 | 15.7 | 14.5 | 14.4 | 15.2 | 15.0 | 8 |
| All sectors; taxes receivable; asset | FL893078005 | 400.2 | 558.4 | 626.6 | 593.1 | 636.8 | 632.3 | 626.6 | 665.9 | 573.0 | 9 |
| Federal government; total taxes receivable; asset | FL313078000 | 230.2 | 380.0 | 437.0 | 409.9 | 448.1 | 441.9 | 437.0 | 472.5 | 379.8 | 10 |
| State and local governments; taxes receivable; asset | FL213078005 | 170.0 | 178.5 | 189.7 | 183.2 | 188.7 | 190.4 | 189.7 | 193.4 | 193.2 | 11 |
| Instrument discrepancies; taxes receivable | FL903078005 | 181.6 | 37.9 | -11.6 | 23.6 | 21.2 | -25.1 | -11.6 | -56.7 | -19.9 | 12 |
Last Update: September 23, 2021