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 2019 2020 2021 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 Line
All sectors; taxes payable; liability FA893178005 14.6 18.7 -73.5 -210.9 40.1 -79.3 -180.2 -64.3 29.9 1
Nonfinancial corporate business; total taxes payable; liability FA103178005 -6.8 13.8 -69.6 -192.5 31.9 -47.4 -138.1 -101.6 8.7 2
Nonfinancial noncorporate business; taxes payable; liability FA113178003 8.4 13.1 5.0 8.2 -1.6 18.8 -7.8 5.9 3.1 3
U.S.-chartered depository institutions; total taxes payable (net); liability FA763178003 14.5 -11.2 -9.8 9.6 2.7 -66.9 -7.5 26.9 8.3 4
Property-casualty insurance companies; total taxes payable; liability FA513178005 -0.3 0.4 -0.8 -14.5 4.6 6.6 -11.6 -3.2 5.0 5
Life insurance companies, general accounts; total taxes payable; liability FA543178075 0.4 0.9 -0.6 -14.3 3.0 4.9 -10.1 -0.3 3.2 6
Finance companies; total taxes payable; liability FA613178005 -0.4 -0.5 -0.7 -2.9 0.0 1.7 -4.4 3.5 -3.6 7
Security brokers and dealers; total taxes payable; liability FA663178005 -1.4 2.2 3.0 -4.6 -0.5 3.2 -0.7 4.4 5.2 8
All sectors; taxes receivable; asset FA893078005 -10.7 -5.5 -105.4 -315.3 20.2 -39.2 -265.8 -155.2 38.4 9
Federal government; total taxes receivable; asset FA313078000 -20.3 -18.6 -110.5 -326.0 18.9 -54.7 -255.0 -164.0 31.9 10
State and local governments; taxes receivable; asset FA213078005 9.6 13.1 5.0 10.7 1.2 15.5 -10.8 8.8 6.5 11
Instrument discrepancies; taxes receivable FA903078005 25.2 24.2 32.0 104.4 19.9 -40.1 85.6 90.8 -8.4 12
Last Update: March 10, 2022