Sole Proprietorship Returns, 1999
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Sole Proprietorship Returns, 1999
by Brian Balkovic and Michael Parisi
N
6
onfarm sole proprietorship profits increased
2.8 percent for 1999 to $207.9 billion. While a
majority of the principal sole proprietorship
industrial sectors reported increased growth in profits,
a few sectors reported a decrease in growth. The
largest percentage increase in profits for a major
industrial sector was 16.6 percent for the administrative and support services sector. The next largest
percentage growth in profits for a major industrial
sector was 11.2 percent for the finance and insurance sector, followed by 9.4-percent growth reported
by the transportation and warehousing sector. There
were three major industrial sectors that showed a
decline in profits. Sole proprietorships in the professional, scientific, and technical services (the largest
industrial sector in profits with 21.7 percent of the
total) showed a 0.7-percent decrease in profit growth
between 1998 and 1999. The health care and social
assistance services also showed a 0.7-percent
decrease in profits, while other services showed the
largest percentage decrease in profit growth with a
2.8-percent decrease.
The 1999 level of sole proprietorship profits
coincided with growth of both receipts and deductions: total business receipts increased 5.6 percent to
$969.3 billion, while total business deductions grew
6.3 percent to $761.4 billion. The finance and insurance sector reported the largest percentage increases
in receipts (41.1 percent), followed by the 8.1-percent growth in receipts reported by the administrative
and support services sector [1]. The finance and
insurance sector also reported the largest percentage
increase in deductions at 49.1 percent for 1999.
When inflation is taken
into account, 1999 total
nonfarm sole propriThelargestpercentage
etorship profits inincreaseinprofitsfora
creased 1.3 percent,
receipts increased 4.0
majorindustrialsector
percent, and deductions
was16.6percentforthe
increased 4.7 percent.
administrative and
For the first time,
Tax
Year 1998 introsupportservicessector.
duced the use of the
This article was written by Brian Balkovic and Michael
Parisi, economists with the Individual Returns Analysis
Section, under the direction of Jeff Hartzok, Chief.
6
North American Industry Classification System
(NAICS), but in order to maintain comparability of
data to Tax Year 1997, the NAICS codes were
converted to the Standard Industrial Classification
(SIC) codes. This year’s article is the first one to
compare data based on NAICS. However, trying to
compare these data with prior-year articles may be a
problem. Based on the 1998 and 1999 NAICS coding system, the comparisons did show discrepancies
between 1999 data and years prior to Tax Year
1998. A reason for this was sole proprietorships
under the NAICS system were classified under
completely different industrial groups, which made
prior-year comparisons inadequate. For example, in
1997, finance, insurance, and real estate were grouped
by SIC as one industry, and, under the NAICS system, the group has been split into two industrial sectors. The industrial sectors based on the NAICS
codes used for comparisons in this article with 1998
and future articles are reported in Tables 1 and 2.
ReturnsandReceipts
The number of individual income tax returns reporting
nonfarm sole proprietorship activity for 1999 increased 1.0 percent to almost 17.6 million (Figure
A)[2]. Of the two largest industrial sectors (by
numbers of returns), the number of sole proprietorship returns in the professional, scientific, and
technical services sector for 1999 increased 0.5
percent and decreased 1.7 percent within the retail
trade sector. Total business receipts (the sum of
“income from sales and operations” and “other
business income”) for all nonfarm sole proprietorship
industries increased 5.6 percent, from $918.3 billion
to $969.3 billion [3]. Based on the 1999 NAICS
industrial classification breakdown, several industrial
sectors reported decreased growth in business
receipts for 1999. The arts, entertainment, and
recreation sector showed the largest percentage
decrease in business receipts with 1.2 percent. The
next largest decrease in receipts was real estate and
rental leasing with 1.0 percent. The finance and
insurance sector showed the largest percentage
increase in receipts, an increase of $25.1 billion or
41.1 percent. The administrative and support
services sector receipts increased 8.1 percent, the
second largest percentage increase in receipts for
1999.
Sole Proprietorship Returns, 1999
Figure A
Nonfarm Sole Proprietorship Returns, Receipts, and Deductions, by Selected Industrial Sectors,
Tax Years 1998 and 1999
[Number of returns is in thousands--money amounts are in billions of dollars]
Number of returns
Industrial sector
1998
1999
Total business receipts
Percentage
1998
1999
increase
(1)
(2)
(3)
Total business deductions
Percentage
1998
1999
(7)
(8)
increase
(4)
All nonfarm industries...........................................................................................................................
17,408.8
17,575.6
1.0
918.3
(5)
(6)
Percentage
increase
(9)
969.3
5.6
716.2
761.4
6.3
154.2
7.1
117.9
125.9
6.7
Special trade contractors...........................................................................................................................
1,789.7
1,763.9
-1.4
97.6
101.1
3.7
Construction...........................................................................................................................
2,243.0
2,283.9
1.8
143.9
3.7
77.0
79.8
Wholesale trade...........................................................................................................................
376.6
360.0
-4.4
40.2
43.0
7.1
35.1
37.8
7.8
Retail trade...........................................................................................................................
2,349.5
2,309.3
-1.7
185.2
2.5
169.9
173.8
2.3
Transportation and warehousing...........................................................................................................................
790.3
790.4
(¹)
43.2
46.0
6.4
36.7
38.8
5.9
Finance and insurance...........................................................................................................................
599.0
579.4
-3.3
61.2
86.4
41.1
48.3
72.0
49.1
Real estate and rental and leasing...........................................................................................................................
871.6
851.4
-2.3
43.3
42.9
180.7
-1.0
25.7
24.6
-4.4
39.4
3.2
21.0
21.5
2.4
106.9
-0.6
62.0
61.7
-0.5
8.1
25.4
26.7
5.1
2.6
44.8
47.1
5.3
6.9
2.7
4.1
4.5
8.3
Arts, entertainment, and recreation...........................................................................................................................
986.8
1,040.2
5.4
19.7
19.5
-1.2
14.6
14.1
-3.2
-1.5
Real estate...........................................................................................................................
796.5
788.7
-1.0
38.2
Professional, scientific, and
technical services...........................................................................................................................
2,431.4
2,443.7
0.5
107.5
Administrative and support and waste
management and remediation services...........................................................................................................................
1,251.2
1,455.9
16.4
34.5
37.3
Health care and social assistance...........................................................................................................................
1,506.4
1,520.4
0.9
80.6
82.8
Child day care services...........................................................................................................................
618.5
606.0
-2.0
6.7
Performing arts, spectator sports,
and related industries...........................................................................................................................
820.3
876.3
6.8
15.0
14.9
-0.2
10.3
10.1
65.9
-0.1
50.7
51.1
0.8
Personal and laundry services...........................................................................................................................
1,208.1
1,104.6
-8.6
28.5
27.7
-2.7
20.3
19.6
-3.5
2.1
85.0
87.8
3.2
Other services...........................................................................................................................
2,070.2
2,007.4
-3.0
66.0
All other industries...........................................................................................................................
1,932.9
1,933.5
(¹)
97.3
99.3
¹ Less than 0.05 percent.
NOTE: Detail may not add to totals because of rounding. Percentage increases were calculated before rounding.
As shown in Figure B, total receipts increased
4.0 percent (in constant dollars). This was a slightly
smaller percentage increase than the 4.2-percent
increase in 1998 [4].
Deductions
Total business deductions (“cost of sales and operations” plus business expenses, including expenses for
home office) in current dollars, increased 6.3 percent
from $716.2 billion for 1998 to $761.4 billion for 1999
(Figure A) [5,6]. The arts, entertainment, and recreation; real estate and rental leasing; and professional,
scientific, and technical services were a few of the
sole proprietorship principal sectors that did not show
an increase in deductions for 1999. Sole
proprietorships in the finance and insurance sector
showed the largest percentage growth in deductions
(49.1 percent). The wholesale trade sector reported
an increase of 7.8 percent, representing the second
largest growth in deductions. When allowing for
inflation, business deductions increased 4.7 percent
for 1999.
Representing 48.6 percent of total 1999 business
deductions, the cost of sales and operations was
$370.1 billion (figure C), an 8.6-percent increase
from the 1998 level. Total business “expenses” (total
business deductions minus the cost of sales and
operations) were $391.3 billion for 1999, a 4.4-percent increase from the 1998 amount. Figure D
graphically presents the main components of total
business expenses. The largest component, salary
and wages, accounted for 15.6 percent of the total.
For 1999, salary and wages totaled $61.2 billion, a
4.0-percent increase from 1998 (Figure C). The next
largest components of business expenses were car
and trucks (10.4 percent), rent on business property,
machinery, and equipment (8.0 percent), and depreciation (7.8 percent). For 1999, these items were
7
Sole Proprietorship Returns, 1999
Figure B
Nonfarm Sole Proprietorship Receipts, Deductions, and Profits, Tax Years 1988-1999
[Money amounts are in billions of dollars]
Total business receipts
Total business deductions
Constant dollars
Tax year
Current
2
1
Net income less deficit
Constant dollars
Percentage
Current
increase
dollars
(3)
(4)
1988.................................................................................................
672.0
837.8
-1989.................................................................................................
692.8
832.0
-0.7
730.6
844.5
1.5
1990.................................................................................................
2
Constant dollars
2
Percentage
Current
increase
dollars
(5)
(6)
(7)
(8)
(9)
545.7
560.2
589.2
680.3
672.8
681.1
--1.1
1.2
126.3
132.7
141.4
157.5
159.4
163.4
-1.2
2.6
1991.................................................................................................
712.6
794.8
-5.9
1992.................................................................................................
737.1
802.6
1.0
1993.................................................................................................
757.2
805.1
0.3
790.6
823.5
2.3
1994.................................................................................................
571.2
583.1
600.8
623.8
637.1
634.9
638.8
649.7
-6.5
-0.3
0.6
1.7
141.5
154.0
156.5
166.8
157.8
167.7
166.4
173.7
-3.4
6.3
-0.8
4.4
1995.................................................................................................
807.4
823.0
-0.1
1996.................................................................................................
843.2
843.2
2.5
870.4
853.7
1.2
1997.................................................................................................
638.1
666.5
683.9
650.5
666.5
670.8
0.1
2.5
0.6
169.3
176.8
186.6
172.5
176.8
183.1
-0.7
2.4
3.6
1998.................................................................................................
918.3
889.6
4.2
1999.................................................................................................
969.3
925.2
4.0
716.2
761.4
693.8
726.8
3.4
4.7
202.3
207.9
196.0
198.5
7.0
1.3
Amount
dollars
(1)
(2)
Amount
Amount
Percentage
increase
¹ Total business deductions are calculated before subtraction of nonallowable "passive" activity losses and any "passive loss" carryover from prior years. However, these losses
(after subtraction) and any carryover are reflected in net income or deficit. Therefore, total business receipts minus total business deductions may not always equal net income
or deficit.
² Constant dollars are based on the overall implicit price deflator for gross domestic product computed and reported by the U.S. Department of Commerce, Bureau of Economic
Analysis in the Survey of Current Business , August 2000. The deflator represents the annual average of current-weighted prices, based on 1996 = 100.
NOTE: Percentage increases were calculated after rounding.
8
8
$40.8 billion, $31.4 billion, and $30.6 billion, respectively. Car and truck expenses showed a 2.7-percent
increase from 1998; rent on business property, machinery, and equipment, a 3.1-percent increase; and
depreciation, a 5.2-percent increase.
The depreciation deduction first began to decline
for 1986, following the enactment of the Tax Reform
Act of 1986 (TRA86). TRA86 reduced the allowable depreciation deduction by lengthening the cost
recovery periods and changing the depreciation
methods for property placed in service after July 31,
1986. In constant dollars, the depreciation deduction
dropped 9.6 percent for 1989 and continued to decline through 1992 (Figure E). Beginning with 1993,
the trend reversed, and constant dollar depreciation
increased every year through 1998, except for 1995,
when it decreased 2.0 percent to $26.7 billion [7].
The 1999 depreciation deduction accounted for 4.0
percent of total business deductions. Depreciation
deductions as a percentage of total business deductions (4.0 percent) remained well below the 1985
(pre-TRA86) level of 5.7 percent.
Beginning with Tax Year 1992, certain smaller
businesses could elect to not itemize depreciation and
other business deductions by filing Schedule C-EZ,
Net Profit From Business, a simplified version of
Schedule C, Profit or Loss From Business. (Schedule C and Schedule C-EZ are the sources of sole
proprietorship statistics.) Taxpayers could use
Schedule C-EZ if they: had business expenses of
$2,500 or less; used the cash accounting method; had
no inventories; did not report a deficit from the business; had only one business as a sole proprietor; had
no employees; were not required to file Form 4562,
Depreciation and Amortization, for the business;
claimed no deduction for home business expenses;
and had no prior-year disallowed passive activity
losses from the business. Since taxpayers using
Schedule C-EZ did not itemize business deductions,
the detailed deductions in Table 2 are slightly understated and will not add to the totals.
Figure F presents the numbers and percentages
of nonfarm sole proprietorship returns filed on Schedule C-EZ by industrial sector. More than 2.6 million
taxpayers filed Schedule C-EZ for Tax Year 1999.
Of Schedule C-EZ returns filed for 1999, taxpayers
in the administrative and support services sector filed
almost 390 thousand returns, or 14.6 percent. For
Sole Proprietorship Returns, 1999
Figure C
Components of Nonfarm Sole Proprietorship
Business Deductions, Tax Years 1998 and 1999
ule C-EZ accounted for only 0.7 percent of that
sector's total business deductions.
ProfitsandLosses
For 1999, a majority of the principal industrial sectors
reported increased sole proprietorship profits (net
Business deductions
1998
1999
Percentage
income less deficit) for 1999, with exceptions being
increase
the professional, scientific, and technical services
(1)
(2)
(3)
sector; health care and social assistance sector; and
Business deductions, total ¹..........................................................................................................
716,157.4
761,427.6
6.3
other services sector. Figure B presents total profits
Cost of sales and operations..........................................................................................................
341,132.8
370,079.2
8.5
for all industries (in both current and constant dollars)
Inventory, beginning of year..........................................................................................................
30,801.7
31,540.5
2.4
since 1988, while Figure G presents profits by
Cost of labor..........................................................................................................
27,447.8
28,723.3
4.6
Purchases..........................................................................................................
231,405.0
255,539.3
10.4
industrial sector for 1998 and 1999 [8]. Total profits
Materials and supplies..........................................................................................................
42,161.8
41,757.4
-1.0
increased 2.8 percent from $202.3 billion for 1998 to
Other costs..........................................................................................................
42,198.1
46,353.8
9.8
$207.9 billion for 1999. The administrative services
32,881.5
33,835.1
Inventory, end of year..........................................................................................................
2.9
sector reported the largest percentage change in
Business expenses, total..........................................................................................................
375,024.6
391,348.4
4.4
Advertising expenses..........................................................................................................
9,414.0
9,453.7
0.4
profits for 1999, increasing 16.6 percent to $10.6
Bad debts from sales or services..........................................................................................................
925.9
1,111.2
20.0
billion. The finance and insurance sector reported
Car and truck expenses..........................................................................................................
39,715.7
40,787.0
2.7
the second largest percentage increase in profits with
Commissions..........................................................................................................
10,722.1
11,228.4
4.7
Depletion..........................................................................................................
380.1
387.0
1.8
11.2 percent. The next largest increase was for the
Depreciation..........................................................................................................
29,135.6
30,637.6
5.2
transportation and warehousing sector, which showed
Employee benefit programs..........................................................................................................
1,560.4
1,663.5
6.6
a 9.4-percent increase in profits for 1999. The
Insurance..........................................................................................................
12,938.4
13,219.8
2.2
professional, scientific, and technical sector, the
Legal and professional services..........................................................................................................
6,669.0
6,818.4
2.2
3,796.4
4,031.5
Meals and entertainment deducted..........................................................................................................
6.2
largest of the industrial sectors with respect to profits,
4,882.2
4,736.1
Mortgage interest..........................................................................................................
-3.0
showed a 0.7-percent decrease in profits.
Other interest paid on business
In constant dollars, total profits increased 1.3
6,277.2
6,488.4
indebtedness..........................................................................................................
3.4
9,611.6
9,921.3
percent
for 1999 (Figure B), marking the fourth
Office expenses..........................................................................................................
3.2
Pension and profit-sharing plans..........................................................................................................
756.9
870.4
15.0
consecutive year of constant dollar growth in profits.
Rent on machinery and equipment..........................................................................................................
7,545.4
8,227.0
9.0
However, this growth was considerably smaller than
Rent on other business property..........................................................................................................
22,914.6
23,190.5
1.2
the 7.0-percent growth of the previous year. Figure
Repairs..........................................................................................................
11,349.8
11,697.3
3.1
Salaries and wages..........................................................................................................
58,864.8
61,204.4
4.0
E presents net income and deficit separately between
Supplies..........................................................................................................
19,725.4
21,654.3
9.8
1988 and 1999, in current and constant dollars. For
Taxes paid..........................................................................................................
13,730.7
14,000.4
2.0
1999, net income (in constant dollars) increased 1.7
Travel..........................................................................................................
7,624.3
8,089.6
6.1
percent, and deficit (in constant dollars) increased 4.9
Utilities..........................................................................................................
18,431.4
18,466.2
0.2
4,138.4
4,785.8
Home office business deductions..........................................................................................................
15.6
percent, a change from the 0.8-percent decline in 1998.
[Money amounts are in millions of dollars]
72,683.5
77,357.3
Other business deductions..........................................................................................................
6.4
¹ Includes returns with Schedule C-EZ attached. Because only a total is reported for
business deductions on Schedule C-EZ, the totals shown in the statistics exceed the sum
of the detailed deductions; the detailed deductions are, therefore, slightly understated.
NOTE: Percentage increases were calculated after rounding.
1999, business receipts from Schedule C-EZ filers
totaled $13.9 billion, or 1.4 percent of total business
receipts reported. However, the business deductions
reported on Schedule C-EZ returns accounted for
only 0.2 percent of total business deductions for all
industries. Even in the administrative and support
services sector with its higher concentration of
Schedule C-EZ filers, deductions reported on Sched-
IndustryTrends
Using receipts as a measure of business size, Figures
A and H showed that retail trade was the largest sole
proprietorship industrial sector for 1999 with 19.1
percent of all business receipts. Total receipts for
this sector, at $185.2 billion, were 2.5 percent more
than the $180.7 billion reported for 1998, while
deductions increased 2.3 percent, resulting in a 5.6percent increase in profits (Figure G).
The second largest industrial sector was construction, with receipts totaling $154.2 billion. This
amount was 15.9 percent of all sole proprietorship
receipts for 1999, representing a 7.1-percent increase
9
Sole Proprietorship Returns, 1999
Figure D
Nonfarm Sole Proprietorship Total Business Expenses, Tax Year 1999 ¹
Type of expense
Commissions
2.9
Repairs
3.0
Insurance
3.4
Taxes paid
3.6
Utilities
4.7
5.5
Supplies
Depreciation
7.8
Rent on business property,
machinery, and equipment
8.0
Car and truck expenses
10
10.4
15.6
Salaries and wages
Other business deductions ²
35.0
0
5
10
15
20
25
30
35
40
Percent of total
¹ Total business expenses equal all business deductions minus cost of sales and operations.
² Other business deductions include: advertising expenses; bad debts; depletion; employee benefit programs; interest; legal and professional services;
office expenses; pension and profit-sharing plans; travel, meals, and entertainment; and home office deductions. Other business deductions also
include all Schedule C-EZ deductions ($1.3 billion).
NOTES: Percents are based on an estimated total business expense of $391.3 billion. Detail may not add to 100 percent because of rounding.
from the 1998 amount. Deductions likewise increased
by 6.7 percent. Construction profits increased 8.9
percent for 1999, totaling $28.3 billion. Special trade
contractors reported the largest portion (75.3 percent) of these profits. As a group, they showed
increases of 3.7 percent for receipts and profits.
The third largest sector was professional, scientific, and technical services, which accounted for 11.0
percent of sole proprietorship receipts for 1999.
Receipts decreased 0.6 percent to $106.9 billion, and
10
deductions decreased 0.5 percent to $61.7 billion,
yielding a 0.7-percent decrease in profits. This
decrease in profits was the second largest percentage loss behind other services in all the principal
industrial sector. Figures G and I also demonstrate
that the professional, scientific, and technical service
sector profits fell from $45.6 billion in 1998 to $45.2
billion for 1999, but still accounted for the largest
percentage of sole proprietorship profits for 1999
with 21.7 percent.
Sole Proprietorship Returns, 1999
Figure E
Nonfarm Sole Proprietorship Net Income, Deficit, and Depreciation, Tax Years 1988-1999
[Money amounts are in billions of dollars]
Constant dollars
Current dollars
1
Percentage increase in constant dollars
1
Depreciation
Net income
Deficit
Depreciation
(9)
Tax year
Net income
Deficit
(1)
(2)
Depreciation Net income
(3)
Deficit
(4)
(5)
(6)
(7)
(8)
1988..........................................................................................................
145.5
19.2
26.1
181.4
23.9
32.5
--
--
--
1989..........................................................................................................
152.4
19.7
24.5
183.0
23.7
29.4
0.9
-1.2
-9.6
1990..........................................................................................................
161.7
20.2
23.7
1991..........................................................................................................
162.4
20.9
23.1
186.9
181.1
23.3
23.3
27.4
25.8
2.1
-3.1
-1.3
-0.2
-6.9
-6.0
1992..........................................................................................................
173.5
19.5
23.3
188.9
21.2
25.4
4.3
-8.9
-1.5
1993..........................................................................................................
177.0
20.5
25.0
188.2
21.8
26.6
-0.4
2.7
4.8
1994..........................................................................................................
187.8
21.0
26.2
195.6
21.9
27.3
3.9
0.3
2.7
1995..........................................................................................................
191.7
22.5
26.2
195.4
22.9
26.7
-0.1
4.7
-2.0
1996..........................................................................................................
200.1
23.4
27.4
200.1
23.4
27.4
2.4
2.0
2.3
1997..........................................................................................................
210.5
23.8
28.6
1998..........................................................................................................
226.2
23.9
29.1
206.4
219.1
23.4
23.2
28.1
28.2
3.2
6.1
(²)
-0.8
2.6
0.5
1999..........................................................................................................
233.4
25.5
30.6
222.8
24.3
29.2
1.7
4.9
3.6
¹ Constant dollars are based on the overall implicit price deflator for gross domestic product computed and reported by the U.S. Department of Commerce, Bureau of Economic
Analysis in the Survey of Current Business , August 2000. The deflator represents the annual average of current-weighted prices, based on 1996 = 100.
² Less than 0.05 percent.
NOTE: Percentage increases were calculated after rounding.
Figure F
Nonfarm Sole Proprietorship Returns with Schedule C-EZ, by Selected Industrial Sectors, Tax Year 1999
[Money amounts are in millions of dollars]
Industrial sector
Total
(1)
Number of returns
Total business receipts
With
Percentage
On
Percentage
Schedule
of
Schedule
of
C-EZ
total
C-EZ
total
(2)
(3)
(4)
(5)
(6)
Total
Total business deductions
On
Total
Percentage
Schedule
of
C-EZ
total
(7)
(8)
(9)
0.2
All nonfarm industries..................................................................................................
17,575,643
2,644,479
15.0
969,347.0
13,946.3
1.4
761,427.6
1,321.3
Construction..................................................................................................
2,283,929
317,624
13.9
154,225.4
1,829.4
1.2
125,894.8
138.5
0.1
Wholesale trade..................................................................................................
360,035
22,264
6.2
43,039.7
209.7
0.5
37,790.6
17.1
(¹)
Retail trade..................................................................................................
2,309,272
191,113
8.3
0.1
185,175.3
893.2
0.5
173,776.3
107.4
Transportation and warehousing..................................................................................................
790,376
72,602
9.2
45,989.3
439.9
1.0
38,829.5
51.5
0.1
Finance and insurance..................................................................................................
579,362
62,102
10.7
86,390.6
373.4
0.4
71,981.5
33.7
(¹)
Real estate and rental and leasing..................................................................................................
851,434
64,519
7.6
42,872.7
409.9
1.0
24,606.9
48.6
0.2
2,649.3
2.5
61,708.6
208.0
0.3
Professional, scientific, and
technical services..................................................................................................
2,443,744
360,557
14.8
106,922.3
Administrative and support and waste
1,730.4
4.6
26,706.7
174.0
0.7
Health care and social assistance..................................................................................................
1,520,435
332,535
21.9
82,760.5
management and remediation services..................................................................................................
1,455,868
387,043
26.6
37,281.9
1,726.0
2.1
47,148.0
180.7
0.4
Arts, entertainment, and recreation..................................................................................................
1,040,209
163,604
19,454.3
15.7
514.3
2.6
14,127.5
78.8
0.6
Other services..................................................................................................
2,007,431
321,395
16.0
65,926.7
1,554.7
2.4
51,094.1
159.1
0.3
All other industries..................................................................................................
4,242,820
540,234
12.7
284,483.7
2,509.2
0.9
261,539.2
231.3
0.1
¹ Less than 0.05 percent.
NOTE: Detail may not add to totals because of rounding.
11
Sole Proprietorship Returns, 1999
Figure G
Nonfarm Sole Proprietorship Profits, by Selected
Industrial Sectors, Tax Years 1998 and 1999
[Money amounts are in billions of dollars]
Net income less deficit
Industrial sector
1998
1999
(1)
(2)
Percentage
increase
(3)
The fourth largest sole proprietorship industrial
sector with 8.9 percent of total receipts was the
finance and insurance sector. A 41.1-percent increase in receipts for this sector, accompanied by a
49.1-percent increase in deductions, led to the second
largest increase in profits (11.2 percent increase).
Summary
Profits for nonfarm sole proprietorships for 1999
grew 2.8 percent to a level of $207.9 billion. In
Construction...........................................................................................................................
26.0
28.3
8.9
constant dollars, total nonfarm sole proprietorship
Special trade contractors...........................................................................................................................
20.6
21.3
3.6
Wholesale trade...........................................................................................................................
5.1
5.3
2.2
profits increased 1.3 percent, the smallest growth in
Retail trade...........................................................................................................................
10.8
11.4
5.6
profits since 1995. The administrative and support
Transportation and warehousing...........................................................................................................................
6.6
7.2
9.4
services sector reported the largest percentage
Finance and insurance...........................................................................................................................
13.0
14.4
11.2
growth in profits at 16.6 percent. The professional,
Real estate and rental and leasing...........................................................................................................................
17.6
18.3
3.6
Real estate...........................................................................................................................
17.2
17.9
4.3
scientific, and technical services sector had the
Professional, scientific, and
largest profits of any sector at $45.2 billion, repretechnical services...........................................................................................................................
45.6
45.2
-0.7
senting 21.7 percent of all sole proprietorship profits.
Administrative and support and waste
management and remediation services...........................................................................................................................
9.1
10.6
16.6
Receipts and deductions increased 5.6 percent and
Health care and social assistance...........................................................................................................................
35.9
35.6
-0.7
6.3 percent, respectively. The largest sole proprietorChild day care services...........................................................................................................................
2.6
2.5
-6.5
Arts, entertainment, and recreation...........................................................................................................................
5.1
5.4
4.9
ship industrial sector, based on business receipts was
Performing arts, spectator sports,
the retail trade sector, accounting for 19.1 percent of
and related industries...........................................................................................................................
4.7
4.8
2.7
receipts. The finance and insurance sector showed
Other services...........................................................................................................................
15.3
14.8
-2.8
the largest percentage increase in both receipts and
Personal and laundry services...........................................................................................................................
8.2
8.1
-0.7
All other industries...........................................................................................................................
12.3
11.5
-6.6
deductions, reporting a 41.1-percent increase in
NOTE: Detail may not add to totals because of rounding. Percentage increases were
receipts and a 49.1-percent increase in deductions.
calculated before rounding.
All nonfarm industries...........................................................................................................................
202.3
207.9
2.8
12
Figure H
Nonfarm Sole Proprietorship Total Business Receipts, Tax Year 1999
All other industries
10.2%
Construction
15.9%
Other services
6.8%
Arts, entertainment,
and recreation
2.0%
Wholesale trade
4.4%
Health care and
social assistance
8.5%
$969.3 billion
Administrative and support and
waste management and
remediation services
3.8%
Retail trade
19.1%
Professional, scientific, and
technical services
11.0%
Real estate and
rental and leasing
4.4%
12
Finance and
insurance
8.9%
NOTE: Detail may not add to 100 percent because of rounding.
Transportation and
warehousing
4.7%
Sole Proprietorship Returns, 1999
Figure I
Nonfarm Sole Proprietorship Total Business Profits, Tax Year 1999
Other services
7.1%
All other industries
5.5%
Wholesale trade
2.5%
Arts, entertainment,
and recreation
2.6%
Health care and
social assistance
17.1%
Construction
13.6%
Retail trade
5.5%
$207.9 billion
Transportation and
warehousing
3.5%
Finance and
insurance
6.9%
Administrative and
support and waste
management and
remediation services
5.1%
Real estate and
rental and leasing
8.8%
Professional, scientific,
and technical services
21.7%
NOTES: Profits are a designation for "net income less deficit," shown elsewhere in this article. Detail may not
add to 100 percent because of rounding.
DataSourcesandLimitations
The 1999 sole proprietorship estimates are based on
a stratified probability sample of unaudited Individual
Income Tax Returns, Forms 1040 and 1040PC
(including electronically-filed returns), processed by
the Internal Revenue Service during Calendar Year
2000. Returns in the sample were stratified based
on: (1) the presence or absence of Schedule C,
Profit or Loss From Business (Sole Proprietorship), or Schedule C-EZ, Net Profit From Business,
and Schedule F, Farm Income and Expenses; (2)
the larger of positive income or negative income (i.e.,
“adjusted gross income” before statutory adjustments); and (3) tax year. The returns were selected
at rates that ranged from .05 percent to 100 percent.
The 1999 nonfarm sole proprietorship data are based
on a sample of 50,730 returns and a population of
17,792,887 returns [9]. The corresponding sample
and population for the 1998 data were 47,407 and
17,589,368 returns, respectively.
Since the data presented in this article are estimates based on a sample of returns filed, they are
subject to sampling error. To properly use the statistical data estimates provided, the magnitude of the
potential sampling error must be known; coefficients
of variation (CV’s) are used to measure that magnitude. Figure J presents estimated coefficients of
variation for the number of returns and money
amounts for selected items and industrial sectors.
Generally, the smaller the coefficient of variation, the
more reliable the estimate is judged to be. The Appendix to this issue of the Bulletin discusses the
reliability of estimates based on samples, and the use
of coefficients of variation for evaluating the precision of estimates based on samples.
NotesandReferences
[1] Based on the 1999 NAICS system, the full name
of the administrative and support services sector
is administrative and support and waste management and remediation service sector. The waste
management and remediation portion makes up a
small percentage of the overall numbers reported
13
Sole Proprietorship Returns, 1999
Figure J
Nonfarm Sole Proprietorships: Coefficients of Variation for Selected Items, by Selected Industrial
Sectors, Tax Year 1999
[Coefficients of variation are in percentages]
Coefficients of variation
Industrial sector
Total business
Total business
deductions
Depreciation
Net income
(2)
(3)
(4)
(5)
1.42
0.97
2.02
4.11
3.08
7.68
5.01
3.66
10.57
5.52
5.73
Wholesale trade...........................................................................................................................
10.79
7.35
14.18
Retail trade...........................................................................................................................
2.34
4.20
3.98
4.76
Transportation and warehousing...........................................................................................................................
3.64
3.73
5.18
5.09
8.77
Finance and insurance...........................................................................................................................
2.17
2.04
7.26
4.91
8.52
Real estate and rental and leasing...........................................................................................................................
3.72
4.10
6.21
4.53
9.59
6.46
4.64
10.92
2.60
5.97
receipts
¹
(1)
0.71
0.79
All nonfarm industries...........................................................................................................................
2.65
Construction...........................................................................................................................
2.81
Special trade contractors...........................................................................................................................
3.16
3.38
2.34
Real estate...........................................................................................................................
3.90
4.34
Professional, scientific, and technical services...........................................................................................................................
2.37
2.80
3.77
Deficit
Administrative and support and waste management and
remediation services...........................................................................................................................
4.26
4.95
7.12
4.44
9.75
4.25
2.90
11.00
12.63
6.91
19.44
4.53
4.82
7.24
Arts, entertainment, and recreation...........................................................................................................................
5.43
6.70
Performing arts, spectator sports, and related industries...........................................................................................................................
4.77
4.91
7.71
5.61
7.17
2.41
2.51
Health care and social assistance...........................................................................................................................
Child day care services...........................................................................................................................
6.29
7.24
3.31
Other services...........................................................................................................................
3.67
Personal and laundry services...........................................................................................................................
4.63
5.23
2.91
2.95
All other industries...........................................................................................................................
5.40
3.76
8.58
8.09
5.33
11.31
3.95
3.86
5.05
¹ Positive only.
14
under this classification, which are detailed in
Table 1.
[2] For 1999, the 17,573,293 nonfarm sole proprietorship returns accounted for 19,513,317 nonfarm
businesses. Actually, more businesses may have
existed than those counted; processing for tax
administration purposes allows only three businesses (reported on separate Schedules C) per
return, and combines any remaining businesses
on one (or more) of the three Schedules C.
Statistics of Income--1981, Sole Proprietorship Returns contains a more detailed explanation of the relationship between proprietors and
proprietorships.
14
For purposes of the statistics, if a proprietor
owned more than one business, the statistics for
each business were combined with those of the
proprietor’s dominant business and included in
the industrial group for that business activity.
When this occurred, the sum of net incomes (for
businesses reporting a positive net income)
reduced by the sum of net deficits (for businesses reporting a deficit) yielded the profits for
a specific industrial group.
The North American Industry Classification
System (NAICS) was used to classify data by
industries for 1999. These classifications were
applied on a “per business” (rather than on a “per
establishment”) basis for Statistics of Income by
combining various industry groups, although
businesses were further combined as described
above. While the wording of the industry titles
used for the sole proprietorship statistics diverge
somewhat from those appearing in NAICS, the
definitions are consistent.
[3] Statistics for “business receipts, total” in Table 2
represent the total receipts of the business,
mainly gross receipts from sales and operations.
Business receipts also include miscellaneous
business receipts, such as incidental sales of
scrap, shown separately in the statistics as “other
business income.” However, business receipts
Sole Proprietorship Returns, 1999
exclude incidental investment income received
through the business. Examples of such incidental investment income are interest, dividends,
income or loss from rents or royalties, and capital
or ordinary gain or loss from the sale of investment and business property. Sole proprietors
report incidental investment income, in combination with non-business-related investment income,
as part of their total incomes on their Individual
Income Tax Returns.
[4] Based on the overall implicit price deflator for
Gross Domestic Product (GDP). See U.S.
Department of Commerce, Bureau of Economic
Analysis, Survey of Current Business, August
2000. Indices used for this article were:
Year
1988
1989
1990
1991
1992
1993
Indices
80.2
83.2
86.5
89.7
91.8
94.1
Year
1994
1995
1996
1997
1998
1999
Indices
96.0
98.1
100.0
102.0
103.2
104.8
[5] Sole proprietors report personal, i.e., non-business, income and expense items apart from
business income or loss, which is reported on the
attached Schedule C, Profit or Loss From
Business (or, to a lesser extent, on Schedule CEZ, Net Profit From Business). Salaries paid to
owners qualify as personal income, not as a
business expense, and are, therefore, part of the
owner’s taxable income. Similarly, sole proprietors deduct charitable contributions made
through the business as personal expenses on
Schedule A, Itemized Deductions. However,
the owner of a sole proprietorship may choose to
deduct any foreign taxes paid as a business
expense, unless the owner elects to claim these
taxes as a credit against U.S. income tax.
[6] Business deductions include the home office
business deduction. After 1990, home office
expenses were calculated separately on Form
8829, Expenses for Business Use of Your
Home, and the deductible portion brought forward to Schedule C. In some cases, these
expenses were limited. Prior to 1990, these
expenses were not limited and were included
with other expenses, such as the depreciation
deduction, utilities, and “other” expenses on
Schedule C.
[7] The increase in the depreciation deduction for
1993 may be attributed, in part, to a provision of
the Omnibus Budget Reconciliation Act of 1993
(OBRA93). The cost of certain tangible property (as described in Internal Revenue Code
section 179) may be treated as a current expense
rather than a capital expenditure subject to
depreciation deductions. The provision of
OBRA93 (related to these expenses) increased
the maximum amount of investment certain small
businesses could immediately deduct on property
placed in service after 1992, from $10,000 to
$17,500. Following the enactment of this
provision, the deduction increased 32.4 percent to
$13.5 billion for 1993. Again, a change in law
increased the depreciation deduction amount to
$18,500 for 1998, and $19,000 for 1999.
[8] Net income minus deficit (loss) before Federal
income tax yields profits. Proprietors compute
their tax on total “taxable income,” which includes their business profits, plus any other
income.
[9] The difference between the number of returns in
the population and the total number of returns in
Tables 1 and 2 is mainly due to returns in which
Schedule C income was moved to other income
or wages to avoid double counting of taxpayers
for Gross Domestic Product calculations. In
addition, data from amended returns and tentative
returns are not reflected in these statistics.
SOURCE: IRS, Statistics of Income Bulletin, Summer 2001, Publication 1136 (Rev. 08-2001)
15
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with and without net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(1)
(2)
1
property
1,2
Net income
Payroll
1,3
less deficit
1
(3)
(4)
(5)
(6)
(7)
(8)
8,227,000
23,190,502
11,224,488
89,927,731
207,946,977
137,300
142,304
362,368
1,920,963
1,244,406
17,841
18,466
34,428
-212,702
Forestry and logging (including forest nurseries, timber tracts)............................................................................................................
54,337
7,296,277
671,297
86,418
16,786
156,429
699,169
598,768
Fishing............................................................................................................
82,380
564,812
Agriculture, forestry, hunting, and fishing............................................................................................................
306,905
16,652,693
1,559,696
Animal production (including breeding of cats and dogs)............................................................................................................
35,201
786,209
117,882
1,386
2,668,631
318,034
11,587
43,682
96,614
185,335
Hunting and trapping............................................................................................................
9,361
105,930
16,644
*1,378
*5,810
*2,123
*1,099
-9,701
Support activities for agriculture and forestry............................................................................................................
125,625
5,795,646
435,839
36,532
Mining............................................................................................................
117,099
4,434,500
416,299
38,401
58,185
24,849
88,736
232,343
1,000,932
276,722
303,229
-140,081
23,637
--
204,167
*388
78,754
--
-300,328
*-355
*-25,627
Oil and gas extraction............................................................................................................
97,173
3,232,669
Coal mining............................................................................................................
*9
*9,011
279,947
*1,170
Metal ore mining............................................................................................................
*3,017
*35,808
*15,957
23,504
*(Z)
*1,064
*32
*128
*6,255
Nonmetallic mineral mining and quarrying............................................................................................................
9,312
711,567
87,029
12,041
*200
24,224
142,660
39,069
Support activities for mining............................................................................................................
7,587
445,445
*1,792
*980
*3,436
*49,052
147,161
Utilities............................................................................................................
9,077
32,196
108,154
6,394
*2,833
*3,434
876
*5,335
22,907
Construction............................................................................................................
2,283,929 154,225,367
5,083,264
1,291,853
821,707
1,348,613
23,389,656
28,330,310
Land subdivision and land development............................................................................................................
20,349
2,938,922
95,821
22,450
8,378
83,926
429,934
393,163
Residential building construction............................................................................................................
357,136
37,960,287
707,455
123,670
98,629
355,602
4,800,902
5,154,535
Nonresidential building construction............................................................................................................
84,325
7,519,397
178,728
66,167
47,660
88,609
993,964
969,055
Heavy construction ............................................................................................................
58,229
4,690,800
413,027
196,919
18,837
101,144
593,040
486,090
Special trade contractors............................................................................................................
1,763,890 101,115,961
3,688,233
882,648
648,203
719,332
16,571,815
21,327,467
Manufacturing............................................................................................................
359,559
27,327,211
1,011,569
260,081
752,609
347,152
3,980,045
3,608,920
Food manufacturing............................................................................................................
30,876
3,021,165
68,910
2,909
106,748
35,756
254,320
327,209
Textile and textile product mills............................................................................................................
6,095
136,218
*15,486
*422
*756
*517
*37,778
7,652
36,391
24,819
93,825
8,139
296,605
185,411
Apparel............................................................................................................
27,077
1,908,086
Leather and allied products............................................................................................................
*1,652
*105,449
*8,517
*4,897
--
*244
*26,779
*36,651
Wood products............................................................................................................
40,680
2,729,519
121,842
9,565
34,961
40,573
405,359
207,252
Paper products............................................................................................................
*4,567
*180,312
*1,534
*400
*6,798
*1,540
*40,035
*22,644
Printing and related support activities............................................................................................................
42,951
3,364,033
92,548
73,987
113,454
50,791
533,201
415,222
Petroleum and coal products............................................................................................................
*899
*9,374
*13,187
*227
--
--
--
*-5,458
*7,862
*595
*3,140
*17,053
63,412
Plastics, rubber, clay, refractory, and glass products............................................................................................................
19,979
834,849
25,468
*1,563
25,438
13,323
126,270
76,475
*11,498
*158
*23,252
*85,183
113,782
Chemical manufacturing............................................................................................................
9,995
259,770
*8,190
Nonmetallic mineral products............................................................................................................
7,091
567,982
*45,794
Primary metal industries............................................................................................................
*3,669
*381,799
*19,886
*55
*13,077
*330
*111,583
*55,626
Fabricated metal products............................................................................................................
42,476
4,086,061
201,876
63,216
88,768
52,728
594,081
587,841
Machinery............................................................................................................
21,804
137,174
12,847
59,225
36,171
638,994
602,813
Computer and electronic products............................................................................................................
9,258
348,151
*13,986
*990
*16,014
*865
*31,929
14,696
Electrical equipment, appliance, and components............................................................................................................
9,096
984,234
24,953
*4,430
*21,498
*8,153
*85,128
166,780
Transportation equipment............................................................................................................
8,925
835,385
3,096,553
13,723
*2,011
*12,325
*14,960
*116,328
127,708
Furniture and related products............................................................................................................
29,243
2,279,529
61,441
23,053
82,574
21,233
326,207
395,584
Medical equipment and supplies............................................................................................................
2,418
293,351
*8,955
*498
*12,033
*2,748
*22,157
80,116
Other miscellaneous manufacturing............................................................................................................
40,808
1,905,388
91,709
14,831
64,360
32,689
231,055
127,505
113,215
5,260,516
Wholesale trade............................................................................................................
360,035
43,039,660
491,448
262,140
1,830,703
Durable goods, including machinery, wood, metals, etc.............................................................................................................
190,524
22,381,553
336,820
40,740
251,724
145,442
1,106,318
2,777,199
Nondurable goods, including food, fiber, chemicals, etc.............................................................................................................
169,511
20,658,107
263,971
72,475
239,724
116,699
724,384
2,483,317
Retail trade............................................................................................................
2,309,272 185,175,311
600,791
2,908,770
752,443
5,644,091
1,866,863
11,245,417
11,404,845
Motor vehicle and parts dealers............................................................................................................
126,034
33,371,057
353,003
65,127
365,894
352,798
1,393,125
1,424,732
Furniture and home furnishing stores............................................................................................................
55,594
6,384,327
105,243
42,391
319,536
98,462
652,983
462,214
Electronic and appliance stores............................................................................................................
32,785
5,257,972
103,277
15,808
190,760
47,912
667,473
484,771
Building material and garden equipment and supplier dealers............................................................................................................
50,939
7,795,929
150,116
40,330
94,923
151,153
671,948
549,573
Food and beverage stores............................................................................................................
108,624
31,684,545
210,445
2,101,100
1,327,840
358,075
146,982
940,109
Health and personal care stores............................................................................................................
118,048
7,360,867
97,188
43,345
176,690
33,554
423,081
887,137
Gasoline stations............................................................................................................
33,439
23,984,904
72,495
351,237
247,346
1,141,460
526,120
Footnotes at end of table.
16
Interest paid
deduction
31,191,872
All nonfarm industries............................................................................................................
17,575,643 969,347,038
16
on other
business
272,003
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with and without net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(1)
(2)
(3)
1
(4)
on other
Interest paid
business
deduction
property
1,2
Net income
Payroll
1,3
less deficit
1
(5)
(6)
(7)
(8)
Retail trade--continued
38,512
817,123
120,775
904,316
1,142,628
Sporting goods, hobby, book, and music stores............................................................................................................
150,948
8,777,446
160,938
59,427
Clothing and accessories stores............................................................................................................
103,923
11,915,848
136,809
457,532
86,521
589,180
392,773
General merchandise stores............................................................................................................
31,094
4,580,787
62,813
12,739
180,577
54,637
385,638
386,305
Miscellaneous store retailers............................................................................................................
422,688
23,018,888
496,480
99,193
1,407,668
259,605
1,755,251
1,498,819
612,823
116,092
342,043
203,656
559,862
2,321,934
Transportation and warehousing............................................................................................................
790,376
45,989,293
4,559,561
Air and rail transportation............................................................................................................
14,574
503,643
75,643
Nonstore retailers............................................................................................................
1,075,154
21,042,740
1,473,863
9,152
368,448
19,105
1,069,315
24,454
3,533,048
44,535
7,175,889
42,702
Water transportation............................................................................................................
4,349
448,335
43,604
General freight trucking, local............................................................................................................
169,027
13,456,352
1,374,724
*1,807
363,864
*12,729
75,893
5,340
261,922
5,638
1,438,281
729
2,059,052
683,903
124,905
614,141
1,547,263
2,809,939
*284
--
*273
*11,969
*193
--
--
--
--
*4,146
General freight trucking, long-distance
and specialized freight trucking............................................................................................................
250,736
21,875,973
2,612,451
Urban transit............................................................................................................
*973
*26,839
*636
Interurban and rural bus transportation............................................................................................................
*941
*6,299
--
305,003
62,182
77,890
*12,270
787,131
School, employee, and charter bus industry............................................................................................................
15,772
658,603
89,047
*18,656
Taxi and limousine service............................................................................................................
107,387
3,104,899
125,133
--
22,632
62,957
118,788
Other transit and ground passenger transportation............................................................................................................
17,513
317,771
23,252
*29,109
*2,072
*192
*39,814
86,304
**
**
**
**
**
**3
**2,090
**1,531
**4,162
**10,867
Pipeline transportation............................................................................................................
**
**
**
Scenic and sightseeing transportation............................................................................................................
**10,255
**205,850
**19,961
Support activities for transportation
(including motor vehicle towing)............................................................................................................
37,446
1,575,197
134,468
Couriers and messengers............................................................................................................
157,753
3,438,180
48,821
13,590
33,252
41,048
155,503
301,600
48,148
17,849
10,998
192,421
912,194
*344
*18,371
*8,894
*18,236
42,243
Information............................................................................................................
236,546
6,987,894
Warehousing and storage facilities............................................................................................................
3,651
371,352
11,823
368,519
101,295
229,599
49,656
506,592
1,822,737
Publishing industries............................................................................................................
61,348
1,927,882
64,897
15,555
32,266
19,410
111,839
440,752
Motion picture and sound recording............................................................................................................
61,930
1,972,154
181,459
42,454
117,126
14,970
91,922
554,272
Broadcasting and telecommunications............................................................................................................
36,118
1,382,339
53,064
37,623
25,115
9,915
96,158
256,222
Information services and data processing services............................................................................................................
77,150
1,705,519
69,098
5,663
55,093
5,362
206,672
571,491
335,328
1,012,070
669,225
3,096,853
14,415,248
Credit intermediation and related activities............................................................................................................
54,913
3,174,011
58,364
40,448
65,696
46,642
107,656
809,014
Securities, commodity contracts, other financial investments............................................................................................................
139,928
59,678,189
165,408
42,858
220,301
430,503
802,038
3,658,432
Finance and insurance............................................................................................................
579,362
86,390,620
684,859
Investment bankers and securities dealers............................................................................................................
4,672
5,566,788
8,261
*866
2,920
12,350
*57,869
34,459
Securities brokers............................................................................................................
27,690
10,746,057
4,777
54,082
71,530
324,273
776,176
Commodity contracts brokers and dealers............................................................................................................
4,965
4,455,966
8,608
3,064
7,923
20,752
35,161
-14,345
Securities and commodity exchanges............................................................................................................
956
1,086,282
1,158
*565
832
*736
34,253
Other financial investment activities (investment advice)............................................................................................................
101,645
37,823,097
121,138
33,750
154,812
325,039
383,999
2,827,889
26,244
*401
Insurance agents, brokers, and related activities............................................................................................................
384,522
23,538,421
461,086
252,022
Insurance agencies and brokerages............................................................................................................
326,762
20,995,816
415,616
227,932
726,072
192,080
2,187,159
9,947,802
691,710
180,912
1,963,879
8,727,558
Other insurance related activities............................................................................................................
57,760
2,542,605
45,470
24,090
34,363
11,168
223,279
1,220,243
Real estate and rental and leasing............................................................................................................
851,434
42,872,742
1,870,555
390,477
670,559
762,096
1,121,202
18,270,902
1,105,324
317,457
531,605
612,447
889,150
17,906,626
87,120
6,957
38,917
113,507
83,355
241,498
Real estate............................................................................................................
788,716
39,418,222
Lessors of real estate (including miniwarehouses
and self storage)............................................................................................................
16,728
1,039,098
Offices of real estate agents, brokers, property
managers, and appraisers............................................................................................................
673,734
34,016,819
939,999
286,979
443,382
400,860
669,216
16,182,116
Other activities related to real estate............................................................................................................
98,254
4,362,306
78,204
23,521
49,305
98,080
136,580
1,483,012
Rental and leasing services............................................................................................................
62,718
3,454,519
765,231
73,021
138,954
149,649
232,051
364,276
Automotive equipment rental and leasing............................................................................................................
16,736
694,034
161,134
24,137
2,109
28,283
23,829
86,985
Consumer electronics and appliances rental............................................................................................................
*1,064
*64,281
*5,932
*188
*2,454
*1,029
*20,661
--
Formal wear and costume rental............................................................................................................
*941
*41,380
*20,805
*71
*4,282
*1,333
*790
*803
Video tape and disc rental............................................................................................................
7,476
842,856
126,779
*23,986
118,385
20,275
97,133
-16,193
General rental centers and other consumer goods rental............................................................................................................
11,269
381,586
56,659
*12,086
5,460
7,073
*19,132
18,325
90,232
90,139
253,694
Commercial and industrial machinery
and equipment rental and leasing............................................................................................................
25,232
1,430,381
393,923
Footnotes at end of table.
12,742
8,530
17
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with and without net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(1)
(2)
(3)
1
Interest paid
deduction
property
(4)
Professional, scientific, and technical services............................................................................................................
2,443,744
106,922,289
3,061,375
835,660
Legal services............................................................................................................
324,484
27,649,186
on other
business
1,2
Net income
Payroll
1,3
less deficit
1
(5)
(6)
(7)
(8)
2,572,881
835,169
8,235,205
45,226,603
12,522,635
461,253
216,900
1,144,430
215,293
2,996,584
Office of certified public accountants............................................................................................................
51,079
3,063,764
103,506
27,480
111,075
42,652
458,335
1,313,133
Other accounting services............................................................................................................
339,095
6,405,006
61,121
149,669
104,660
640,900
2,707,017
Architectural, engineering, and related services............................................................................................................
224,099
11,203,361
409,288
78,765
210,892
88,412
1,324,981
4,501,665
93,811
45,015
781,008
1,337,721
Engineering services............................................................................................................
95,922
4,831,303
148,220
26,468
80,282
Drafting, building inspections, and geophysical surveying............................................................................................................
41,901
1,012,580
24,516
*10,281
*17,971
25,481
*1,515
332,025
*116,000
2,320,806
597,030
Surveying and mapping (except geophysical) services............................................................................................................
15,034
647,042
43,165
*5,893
Testing laboratories............................................................................................................
*3,080
*72,843
*2,292
*568
*18,827
--
15,412
*990
93,256
*2,691
195,194
*50,915
1,172,411
Architectural services............................................................................................................
68,163
4,639,593
Specialized design services............................................................................................................
159,875
5,025,333
286,421
191,095
35,556
229,430
56,766
101,163
25,580
213,345
Computer systems design services............................................................................................................
234,926
7,143,506
254,165
30,712
76,576
35,930
309,582
2,878,265
Other professional, scientific, and technical services............................................................................................................
1,110,186
46,432,133
1,317,311
363,916
779,075
322,642
2,291,478
20,131,477
Management, scientific, and technical consulting services............................................................................................................
589,950
24,001,543
630,382
181,244
347,098
13,207,415
113,567
569,461
Scientific research and development services............................................................................................................
33,161
564,199
10,697
*849
4,752
*2,861
28,291
237,950
Advertising and related services............................................................................................................
92,443
4,830,733
91,542
88,342
28,984
149,480
1,228,426
33,966
Market research and public opinion polling............................................................................................................
26,212
1,057,364
43,033
15,179
11,172
5,151
132,040
256,534
Other miscellaneous services............................................................................................................
368,420
15,978,294
541,656
132,679
327,711
172,079
1,412,206
5,201,152
and remediation services............................................................................................................
1,455,868
37,281,872
1,675,144
435,513
587,807
310,700
4,882,318
10,577,063
Administrative and support services............................................................................................................
1,433,426
36,117,451
1,540,744
417,404
571,549
292,650
4,681,143
10,372,337
Waste management and remediation services............................................................................................................
22,442
1,164,421
134,400
18,109
16,258
18,050
201,175
204,726
Administrative and support and waste management
18
Educational services............................................................................................................
326,443
4,155,635
169,270
16,389
213,868
26,608
305,656
1,593,522
Health care and social assistance............................................................................................................
1,520,435
82,760,451
2,135,898
597,316
3,325,035
846,969
11,295,630
35,612,599
Ambulatory health care services............................................................................................................
758,008
72,078,082
1,748,837
512,269
3,063,565
662,661
10,363,505
31,962,741
911,638
138,702
3,038,091
13,811,392
1,111,657
Offices of physicians (except mental health specialist)............................................................................................................
178,871
25,989,675
389,189
189,625
Offices of physicians, mental health specialist............................................................................................................
24,409
1,978,299
59,288
7,810
87,539
10,309
152,985
Offices of dentists............................................................................................................
95,536
25,366,750
749,311
147,567
905,777
334,635
5,371,311
9,357,972
Offices of chiropractors............................................................................................................
28,950
3,756,135
94,058
41,671
296,557
61,958
452,507
1,433,559
Offices of optometrists............................................................................................................
16,006
2,603,483
69,542
15,941
166,099
36,553
467,742
671,878
Offices of mental health practitioners and social therapists............................................................................................................
143,813
5,715,529
178,648
60,805
398,966
30,066
254,661
2,909,223
Offices of podiatrists............................................................................................................
7,650
650,945
23,121
*4,112
53,491
*8,792
75,087
261,145
Outpatient care centers and other miscellaneous
98,510
7,945
86,845
10,944
108,078
1,127,865
Medical and diagnostic laboratories............................................................................................................
18,425
1,404,384
35,829
health practitioners............................................................................................................
99,270
2,278,126
14,780
69,758
13,174
221,843
478,586
Home health care services............................................................................................................
114,427
1,645,182
15,126
53,448
8,338
126,773
660,375
ambulance services, blood and organ banks)............................................................................................................
30,651
689,575
15,965
6,887
139,089
35,375
Other ambulatory health care services (including
33,446
9,192
94,425
--
--
--
*716
--
*31,375
Nursing and residential care facilities............................................................................................................
54,217
2,400,695
86,973
26,739
52,588
112,372
478,360
619,996
Hospitals............................................................................................................
6,176
*103,583
Social assistance............................................................................................................
95,996
1,246,162
28,450
7,011
102,195
*1,700
*15,649
533,361
Child day care services............................................................................................................
606,038
6,931,928
271,638
51,298
106,687
69,519
438,116
2,465,125
Arts, entertainment, and recreation............................................................................................................
1,040,209
19,454,338
1,166,730
198,725
Performing arts, spectator sports, and related industries............................................................................................................
876,286
14,934,984
867,561
108,201
Museums, historical sites, and similar institutions............................................................................................................
*4,034
*41,887
*(Z)
502,822
263,620
807,479
5,350,243
358,570
119,816
384,633
4,836,517
--
--
*770
--
*22,906
Amusement, gambling, and recreation industries............................................................................................................
159,888
4,477,467
299,169
90,524
144,251
143,035
422,846
490,820
Accommodation, food services, and drinking places............................................................................................................
315,150
36,293,267
1,323,776
286,639
2,020,327
1,071,848
6,263,155
2,154,814
104,080
575,277
620,064
279,298
140,870
Accommodation............................................................................................................
61,298
4,849,644
447,563
33,723
Travel accommodation
18
(including hotels, motels, and bed and breakfast inns)............................................................................................................
32,116
3,396,910
316,749
17,777
62,520
427,577
464,652
RV (recreational vehicle) parks and recreational camps............................................................................................................
15,791
688,232
65,697
*748
35,312
59,417
57,570
59,478
Rooming and boarding houses............................................................................................................
13,391
764,503
65,117
*15,198
*6,248
88,282
97,842
78,950
Food services and drinking places............................................................................................................
253,853
31,443,622
876,213
252,917
1,916,247
496,571
5,643,091
1,875,516
Footnotes at end of table.
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with and without net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(1)
(2)
1
on other
Interest paid
business
deduction
property
1,2
Net income
Payroll
1,3
less deficit
1
(3)
(4)
(5)
(6)
(7)
(8)
2,522,775
943,121
3,745,204
874,303
7,070,450
14,839,005
Auto repair and maintenance............................................................................................................
326,644
23,493,350
952,551
310,622
860,301
401,532
3,239,375
2,823,464
Other services............................................................................................................
2,007,431
65,926,666
Automotive mechanical and electrical repair
444,804
193,520
401,889
193,484
1,514,783
1,542,453
Automotive body shops............................................................................................................
94,540
6,897,434
275,335
and maintenance............................................................................................................
168,775
12,405,736
67,003
233,559
111,927
1,078,796
799,251
224,853
235,236
96,121
133,033
645,796
959,228
481,760
2,677,515
538,649
2,616,882
324,228
2,843,108
8,129,746
and similar organizations............................................................................................................
210,843
2,209,867
57,156
*3,782
32,786
15,510
*28,739
1,208,280
Unclassified establishments............................................................................................................
262,768
3,349,077
66,628
16,547
61,439
24,624
161,304
1,176,528
Other auto repair and maintenance
(including oil change, lubrication, and car washes)............................................................................................................
63,329
4,190,180
232,412
50,100
Miscellaneous repairs............................................................................................................
365,316
12,488,692
585,498
90,069
Personal and laundry services............................................................................................................
1,104,628
27,734,756
927,570
Religious, grantmaking, civic, professional,
Footnotes at end of table.
19
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(9)
(10)
All nonfarm industries............................................................................................................
13,159,090
847,760,462
1
property
1,2
Payroll
1,3
Net income
1
(12)
(13)
(14)
(15)
(16)
22,542,925
6,657,600
18,921,643
7,442,731
77,393,367
233,404,991
2,383,785
98,580
79,967
238,509
1,457,811
16,150
*12,422
*27,293
95,333
42,205
5,695,445
458,867
63,327
9,276
Forestry and logging (including forest nurseries, timber tracts)............................................................................................................
104,092
469,402
756,426
Fishing............................................................................................................
52,716
773,969
Animal production (including breeding of cats and dogs)............................................................................................................
12,139
564,312
35,489
*970
2,184,980
200,448
*11,363
27,274
67,399
152,478
Hunting and trapping............................................................................................................
*2,205
*70,900
*2,914
*1,361
*2,482
--
--
*21,784
Support activities for agriculture and forestry............................................................................................................
68,929
3,939,084
176,190
21,559
Mining............................................................................................................
62,629
2,711,913
180,912
20,643
24,785
10,184
54,595
53,568
808,638
180,752
736,272
743,704
7,101
--
9,253
--
34,061
--
37,581
--
493,636
--
Oil and gas extraction............................................................................................................
52,802
1,742,439
Coal mining............................................................................................................
---
89,389
--
Metal ore mining............................................................................................................
*17
*27,519
*819
*1,064
*32
*128
*5,868
*1,932
Nonmetallic mineral mining and quarrying............................................................................................................
3,562
550,044
61,264
*10,686
*22
16,083
95,642
82,384
Support activities for mining............................................................................................................
6,248
391,911
*29,440
165,752
*1,792
*876
*3,296
*41,661
106,640
*4,206
*2,833
*3,420
*837
*5,335
33,480
Construction............................................................................................................
1,985,468
140,794,427
4,237,022
1,128,238
682,239
1,013,237
20,924,904
30,188,237
Utilities............................................................................................................
5,198
Land subdivision and land development............................................................................................................
17,316
2,515,839
76,592
21,221
6,767
40,206
393,084
519,200
Residential building construction............................................................................................................
306,752
34,663,798
613,209
99,628
87,178
235,920
4,340,280
5,592,988
1,079,591
Nonresidential building construction............................................................................................................
67,062
6,883,800
147,096
59,831
25,279
55,528
937,966
Heavy construction ............................................................................................................
38,294
4,101,443
291,128
185,198
9,955
72,745
499,625
582,016
Special trade contractors............................................................................................................
1,556,043
92,629,548
3,108,997
762,361
553,061
608,839
14,753,950
22,414,442
Manufacturing............................................................................................................
244,201
24,124,542
716,425
225,840
612,167
271,198
3,386,360
4,280,176
Food manufacturing............................................................................................................
23,916
2,674,668
32,672
2,401
72,983
26,215
170,464
404,690
Textile and textile product mills............................................................................................................
*3,076
*113,152
*5,868
*365
*613
*469
*33,064
*17,635
33,114
21,784
87,830
5,414
227,875
213,105
Apparel............................................................................................................
19,775
1,703,623
Leather and allied products............................................................................................................
*1,303
*102,465
*8,324
*4,897
--
*244
*26,779
*38,822
Wood products............................................................................................................
26,063
2,443,398
91,007
9,013
31,489
31,647
340,658
238,103
Paper products............................................................................................................
*3,456
*141,613
*1,516
*301
*6,798
*372
*25,863
*26,987
Printing and related support activities............................................................................................................
31,206
2,738,763
56,813
54,175
87,741
34,900
434,383
499,421
Petroleum and coal products............................................................................................................
*16
*304
*1
--
--
--
--
*253
*7,270
*7,862
*595
*3,140
*17,053
76,084
Plastics, rubber, clay, refractory, and glass products............................................................................................................
15,152
683,829
20,702
*1,286
Chemical manufacturing............................................................................................................
5,676
248,838
Nonmetallic mineral products............................................................................................................
7,091
567,982
*45,794
*23,269
*11,026
*80,633
113,692
*11,498
*158
*23,252
*85,183
113,782
Primary metal industries............................................................................................................
*1,506
*369,714
*19,800
*54
*12,895
*233
*98,913
*64,302
Fabricated metal products............................................................................................................
29,575
3,719,277
139,977
60,095
73,958
31,266
536,764
690,644
Machinery............................................................................................................
17,640
131,002
7,166
44,776
32,550
605,052
674,163
Computer and electronic products............................................................................................................
3,278
314,178
*5,726
*416
*15,818
*559
*28,939
50,098
Electrical equipment, appliance, and components............................................................................................................
6,687
737,220
24,142
*4,430
*14,546
*8,153
*48,989
187,646
Transportation equipment............................................................................................................
6,994
795,511
2,834,394
*10,272
*1,973
*12,274
*12,878
*114,137
129,899
Furniture and related products............................................................................................................
20,238
1,965,391
36,694
22,872
56,547
17,560
268,516
432,783
Medical equipment and supplies............................................................................................................
*1,639
*287,583
*8,241
*498
*12,033
*2,748
*17,872
*81,825
Other miscellaneous manufacturing............................................................................................................
19,915
1,682,638
37,491
14,755
57,843
28,572
225,222
226,241
408,890
194,651
1,536,941
5,883,429
195,296
111,617
925,573
3,093,415
Wholesale trade............................................................................................................
263,808
38,894,561
477,689
89,295
Durable goods, including machinery, wood, metals, etc.............................................................................................................
135,386
20,330,475
263,231
30,550
Nondurable goods, including food, fiber, chemicals, etc.............................................................................................................
128,422
18,564,086
214,458
58,745
Retail trade............................................................................................................
1,249,322
155,293,611
1,906,780
561,856
213,594
83,034
611,368
2,790,013
4,285,785
1,155,717
9,118,637
16,262,486
Motor vehicle and parts dealers............................................................................................................
82,903
28,510,866
275,686
44,853
279,076
242,590
1,134,491
1,820,589
Furniture and home furnishing stores............................................................................................................
37,073
5,374,863
63,611
37,382
258,054
53,578
541,627
704,586
Electronic and appliance stores............................................................................................................
21,914
4,818,735
69,959
14,043
147,186
27,276
635,663
593,039
Building material and garden equipment and supplier dealers............................................................................................................
39,763
6,500,671
98,281
36,742
73,681
100,111
496,453
675,750
Food and beverage stores............................................................................................................
79,227
26,883,233
145,770
1,638,083
1,620,649
264,417
124,413
823,347
Health and personal care stores............................................................................................................
58,480
6,829,093
71,519
14,960
165,405
24,779
400,506
1,072,780
Gasoline stations............................................................................................................
21,044
19,610,249
64,928
307,687
124,828
961,153
642,346
Footnotes at end of table.
20
Interest paid
deduction
(11)
Agriculture, forestry, hunting, and fishing............................................................................................................
178,193
12,454,721
873,908
20
on other
business
179,149
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
(9)
(10)
(11)
1
and
equipment
1
(12)
on other
Interest paid
business
deduction
property
1,2
Payroll
1,3
Net income
1
(13)
(14)
(15)
(16)
Retail trade--continued
33,906
590,985
89,729
800,813
1,424,542
Sporting goods, hobby, book, and music stores............................................................................................................
83,077
6,888,688
101,753
35,786
Clothing and accessories stores............................................................................................................
61,870
10,445,163
119,254
296,555
56,600
452,803
848,413
General merchandise stores............................................................................................................
25,153
4,065,867
49,736
11,498
139,725
46,975
304,309
414,431
Miscellaneous store retailers............................................................................................................
214,323
18,478,212
285,950
64,924
965,846
149,783
1,342,656
2,467,637
327,465
78,421
238,239
93,697
410,081
3,977,726
Transportation and warehousing............................................................................................................
640,213
38,283,780
3,069,644
Air and rail transportation............................................................................................................
9,456
402,563
6,777
Nonstore retailers............................................................................................................
524,494
16,887,974
1,216,544
*8,480
309,103
*13,144
737,959
*3,840
2,504,385
*38,020
8,271,426
142,772
Water transportation............................................................................................................
3,320
424,180
33,910
General freight trucking, local............................................................................................................
139,936
11,240,542
950,261
*2
286,897
*10,625
62,088
*759
191,316
*4,381
1,059,690
26,458
2,334,182
544,979
102,381
440,727
1,017,341
3,216,213
*284
--
--
*11,969
*1,203
--
--
--
--
*4,146
284,338
59,950
40,725
*9,720
853,659
*4,302
--
17,173
*60,737
148,029
Other transit and ground passenger transportation............................................................................................................
17,119
266,217
*22,914
*28,739
*967
*65
*9,322
88,418
General freight trucking, long-distance
and specialized freight trucking............................................................................................................
195,821
17,574,745
1,751,778
Urban transit............................................................................................................
*972
*26,381
--
Interurban and rural bus transportation............................................................................................................
*941
*6,299
-Taxi and limousine service............................................................................................................
92,699
2,783,437
80,072
School, employee, and charter bus industry............................................................................................................
14,318
590,008
75,263
Pipeline transportation............................................................................................................
---
--
--
--
--
--
--
Scenic and sightseeing transportation............................................................................................................
*3,465
*165,388
*8,600
--
*2,051
--
*3,577
*50,309
10,955
22,664
27,569
116,417
365,266
47,227
16,862
*8,501
158,151
997,002
Support activities for transportation
(including motor vehicle towing)............................................................................................................
30,698
1,346,840
95,293
Couriers and messengers............................................................................................................
127,833
3,097,119
34,215
Warehousing and storage facilities............................................................................................................
3,637
360,059
*10,561
*340
*18,369
*7,283
*15,062
43,770
6,302,982
220,966
88,048
121,467
27,923
443,261
2,345,093
Publishing industries............................................................................................................
48,971
1,753,923
Information............................................................................................................
166,793
48,061
15,320
31,667
16,496
102,353
540,808
Motion picture and sound recording............................................................................................................
39,551
1,624,486
96,809
31,665
27,646
3,474
60,662
717,228
Broadcasting and telecommunications............................................................................................................
27,743
1,300,863
27,764
36,281
19,478
3,362
81,836
333,658
Information services and data processing services............................................................................................................
50,528
1,623,709
48,332
4,782
42,676
4,591
198,410
753,399
301,191
876,129
266,427
2,851,593
16,050,820
38,086
48,825
31,616
96,873
890,777
Securities, commodity contracts, other financial investments............................................................................................................
88,504
40,147,755
122,657
30,266
172,190
86,469
666,629
4,731,880
Finance and insurance............................................................................................................
419,091
64,939,668
563,869
Credit intermediation and related activities............................................................................................................
42,054
3,002,045
48,530
Investment bankers and securities dealers............................................................................................................
3,314
3,864,573
4,315
*844
*2,582
9,610
*2,966
102,309
Securities brokers............................................................................................................
16,629
7,495,460
4,279
28,196
5,340
310,817
990,423
Commodity contracts brokers and dealers............................................................................................................
1,818
699,111
931
*40
*610
4,512
*4,457
157,075
Securities and commodity exchanges............................................................................................................
565
589,264
*569
*401
*35
*159
--
40,423
Other financial investment activities (investment advice)............................................................................................................
66,178
27,499,347
93,919
24,702
140,767
66,847
348,389
3,441,650
22,922
Insurance agents, brokers, and related activities............................................................................................................
288,532
21,789,868
392,683
232,839
655,114
148,342
2,088,091
10,428,163
Insurance agencies and brokerages............................................................................................................
245,918
19,326,177
353,457
213,412
621,766
142,499
1,868,025
9,162,530
Other insurance related activities............................................................................................................
42,614
2,463,691
39,226
19,427
33,348
5,843
220,065
1,265,632
Real estate and rental and leasing............................................................................................................
661,748
39,904,894
1,252,178
301,858
553,330
409,421
913,035
19,782,204
876,583
273,276
465,738
343,148
756,374
19,080,663
48,617
4,285
35,479
46,958
36,876
352,455
Real estate............................................................................................................
619,984
37,294,360
Lessors of real estate (including miniwarehouses
and self storage)............................................................................................................
11,044
835,643
Offices of real estate agents, brokers, property
managers, and appraisers............................................................................................................
536,079
32,545,258
774,705
254,088
397,588
259,625
605,177
17,034,138
Other activities related to real estate............................................................................................................
72,861
3,913,458
53,260
14,903
32,671
36,565
114,322
1,694,070
Rental and leasing services............................................................................................................
41,764
2,610,534
375,595
28,582
87,592
66,273
156,660
701,540
Automotive equipment rental and leasing............................................................................................................
12,899
532,981
55,826
*16,289
*844
7,002
*7,472
151,114
Consumer electronics and appliances rental............................................................................................................
*1,056
*58,561
*5,031
--
*158
*68
--
*24,400
Formal wear and costume rental............................................................................................................
*941
*41,380
*20,805
*71
*4,282
*1,333
*790
*803
Video tape and disc rental............................................................................................................
3,617
541,684
74,605
*3,503
*74,257
*14,374
71,869
40,192
General rental centers and other consumer goods rental............................................................................................................
7,457
255,420
20,610
*488
*4,854
*4,122
*12,240
57,410
39,375
64,291
427,621
Commercial and industrial machinery
and equipment rental and leasing............................................................................................................
15,794
1,180,509
198,718
Footnotes at end of table.
8,231
3,197
21
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
(9)
(10)
(11)
1
and
equipment
1
(12)
Professional, scientific, and technical services............................................................................................................
1,841,653
100,912,238
2,380,970
668,745
Legal services............................................................................................................
274,404
26,702,650
on other
Interest paid
business
deduction
property
1,2
Payroll
1,3
Net income
1
(13)
(14)
(15)
(16)
2,234,217
651,092
7,645,411
48,215,911
416,248
198,532
1,071,860
183,115
2,748,135
12,904,403
Office of certified public accountants............................................................................................................
46,609
2,920,096
88,529
27,021
101,869
28,556
427,889
1,333,846
Other accounting services............................................................................................................
264,136
6,057,293
42,243
134,982
86,364
611,022
2,858,684
Architectural, engineering, and related services............................................................................................................
185,297
10,735,496
348,736
63,925
193,364
77,547
1,294,243
4,666,318
86,149
36,497
754,328
1,418,271
Engineering services............................................................................................................
76,543
4,716,807
135,510
15,849
70,416
Drafting, building inspections, and geophysical surveying............................................................................................................
34,542
995,435
18,088
*8,088
*17,971
24,151
*1,515
330,659
*116,000
2,389,735
605,726
Surveying and mapping (except geophysical) services............................................................................................................
14,089
640,187
41,691
*5,893
Testing laboratories............................................................................................................
*2,097
*58,241
*345
--
*18,827
--
*15,383
--
93,256
--
197,884
*54,702
1,342,709
Architectural services............................................................................................................
58,025
4,324,827
235,727
153,101
34,094
Specialized design services............................................................................................................
105,180
4,653,636
180,469
43,826
80,727
23,969
202,944
Computer systems design services............................................................................................................
164,885
6,423,417
162,228
26,138
62,682
14,119
260,688
3,152,183
Other professional, scientific, and technical services............................................................................................................
801,142
43,419,652
949,035
267,060
588,734
237,423
2,100,490
21,957,766
14,229,878
Management, scientific, and technical consulting services............................................................................................................
434,066
22,671,463
430,606
127,062
250,046
65,828
468,693
Scientific research and development services............................................................................................................
25,592
460,102
4,778
*796
*1,791
*2,380
*4,522
271,299
Advertising and related services............................................................................................................
64,274
4,591,313
77,005
77,390
25,283
147,183
1,408,786
25,585
Market research and public opinion polling............................................................................................................
18,694
941,456
33,767
*15,125
11,154
*3,307
*128,763
308,252
Other miscellaneous services............................................................................................................
258,515
14,755,318
402,879
98,492
248,354
140,625
1,351,330
5,739,551
and remediation services............................................................................................................
1,228,623
33,318,010
1,366,336
352,473
479,434
236,388
4,001,493
11,537,803
Administrative and support services............................................................................................................
1,212,004
32,257,428
1,254,713
334,887
465,197
220,268
3,820,777
11,299,109
Waste management and remediation services............................................................................................................
16,619
1,060,582
111,623
17,586
14,237
16,120
180,716
238,693
Administrative and support and waste management
22
Educational services............................................................................................................
271,009
3,713,815
112,578
12,303
180,288
10,184
191,314
1,807,427
Health care and social assistance............................................................................................................
1,281,256
79,261,609
1,860,368
506,164
3,022,723
748,413
10,752,686
36,868,731
Ambulatory health care services............................................................................................................
640,415
70,064,293
1,600,495
438,978
2,819,829
616,209
10,082,406
32,819,858
Offices of physicians (except mental health specialist)............................................................................................................
155,777
25,275,181
355,682
143,860
814,396
126,617
2,891,683
14,204,534
Offices of physicians, mental health specialist............................................................................................................
20,295
1,922,141
53,320
7,598
74,000
9,503
152,966
1,142,361
Offices of dentists............................................................................................................
87,673
24,900,126
726,462
141,055
886,937
333,293
5,320,700
9,406,329
Offices of chiropractors............................................................................................................
23,267
3,584,456
66,687
37,050
253,840
46,949
432,302
1,490,961
Offices of optometrists............................................................................................................
14,888
2,538,840
68,933
15,092
163,269
35,639
449,088
681,294
Offices of mental health practitioners and social therapists............................................................................................................
126,245
5,571,140
164,144
59,510
375,434
23,038
253,060
3,003,652
Offices of podiatrists............................................................................................................
6,042
633,250
*8,792
73,350
261,842
20,852
*4,112
50,422
Outpatient care centers and other miscellaneous
80,414
6,988
64,359
7,770
82,556
1,190,746
Medical and diagnostic laboratories............................................................................................................
15,740
1,360,608
27,714
health practitioners............................................................................................................
76,070
2,120,063
14,593
68,861
10,564
216,065
490,496
Home health care services............................................................................................................
95,522
1,541,398
26,061
*3,536
*37,074
*5,831
116,211
763,341
ambulance services, blood and organ banks)............................................................................................................
18,898
617,090
10,226
*5,583
184,301
Other ambulatory health care services (including
31,236
*8,212
94,425
--
--
--
*716
--
*46,047
Nursing and residential care facilities............................................................................................................
43,485
2,031,060
61,698
25,092
47,404
77,743
391,255
659,609
Hospitals............................................................................................................
*5,785
*69,778
Social assistance............................................................................................................
76,680
1,139,720
19,058
*7,010
74,707
*1,423
*14,306
625,379
Child day care services............................................................................................................
514,892
5,956,758
179,117
35,085
80,784
52,322
264,719
2,717,838
Arts, entertainment, and recreation............................................................................................................
625,141
16,095,155
558,757
120,264
253,230
129,528
562,164
7,408,386
181,990
63,830
269,155
6,572,322
Museums, historical sites, and similar institutions............................................................................................................
*4,032
*41,858
---
--
--
--
*23,997
Amusement, gambling, and recreation industries............................................................................................................
116,513
3,290,923
155,384
41,500
71,240
65,698
293,009
812,067
Accommodation, food services, and drinking places............................................................................................................
216,221
29,010,250
827,280
227,686
1,517,358
635,208
4,813,427
3,431,838
86,938
326,346
397,556
675,791
Performing arts, spectator sports, and related industries............................................................................................................
504,596
12,762,374
403,373
78,764
Accommodation............................................................................................................
41,229
3,629,188
251,596
25,270
Travel accommodation
22
(including hotels, motels, and bed and breakfast inns)............................................................................................................
20,303
2,517,748
181,338
10,235
48,693
246,529
290,980
393,585
RV (recreational vehicle) parks and recreational camps............................................................................................................
11,756
459,684
29,284
*142
*32,180
*10,425
*24,112
151,977
Rooming and boarding houses............................................................................................................
9,169
651,757
40,974
*14,893
*6,065
69,392
82,464
130,229
Food services and drinking places............................................................................................................
174,993
25,381,062
575,684
202,416
1,430,420
308,863
4,415,871
2,756,047
Footnotes at end of table.
Sole Proprietorship Returns, 1999
Table 1.--Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors Classified with the North American Industry Classification System
--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Businesses with net income
Rent paid
Industrial sector
Rent paid
Number
Business
Depreciation on machinery
of returns
receipts
deduction
1
and
equipment
(9)
(10)
1
on other
Interest paid
business
deduction
property
1,2
Payroll
1,3
Net income
1
(11)
(12)
(13)
(14)
(15)
(16)
1,891,199
726,828
3,234,050
647,152
5,983,748
16,555,050
Auto repair and maintenance............................................................................................................
250,678
20,757,657
748,674
276,503
720,613
288,919
2,804,951
3,343,341
376,207
175,990
344,168
145,055
1,364,190
1,785,849
Automotive body shops............................................................................................................
72,832
6,157,804
227,460
55,036
189,755
88,861
912,358
985,144
186,690
215,921
55,003
121,544
528,402
739,463
572,348
2,961,401
231,262
2,419,632
8,929,688
Other services............................................................................................................
1,611,403
58,688,910
Automotive mechanical and electrical repair
and maintenance............................................................................................................
133,355
11,099,496
Other auto repair and maintenance
(including oil change, lubrication, and car washes)............................................................................................................
44,491
3,500,358
145,007
45,478
Miscellaneous repairs............................................................................................................
291,010
11,084,554
431,525
64,801
Personal and laundry services............................................................................................................
899,866
24,803,554
670,431
Religious, grantmaking, civic, professional,
382,562
2,273,069
and similar organizations............................................................................................................
169,849
2,043,145
40,570
*2,962
*24,447
*5,427
*19,701
1,320,620
Unclassified establishments............................................................................................................
207,119
2,948,734
41,838
*8,211
57,662
15,320
120,110
1,355,006
* Estimate should be used with caution because of the small number of sample returns on which it is based.
** Data combined to prevent disclosure of information for specific taxpayers.
(Z) Less than $500.
¹ Excludes amounts reported on Schedule C-EZ filed by certain small businesses not required to itemize their business deductions. Therefore, totals shown may be slightly
understated.
² Interest paid is the sum of mortgage interest and other interest paid on business indebtedness.
³ Payroll is the sum of net salaries and wages plus the cost of labor reported as part of cost of sales and operations.
NOTE: Detail may not add to totals because of rounding.
23
Sole Proprietorship Returns, 1999
Table 2.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Sectors
Classified with the North American Industry Classification System
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Animal
All
Net income status, item
nonfarm
production
and
(including
logging
breeding
(including
of cats and
forest nurseries,
dogs)
timber tracts)
(3)
(4)
Total
industries
(1)
(2)
Mining
Forestry
Support
Hunting
Fishing
activities
and
for
trapping
agriculture
Total
and forestry
(5)
(6)
(7)
(8)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns ¹......................................................................................
17,575,643
306,905
35,201
54,337
82,380
9,361
125,625
117,099
Business receipts, total ¹......................................................................................
969,347,038
16,652,693
786,209
7,296,277
2,668,631
105,930
5,795,646
4,434,500
Income from sales and operations ¹......................................................................................
955,392,128
16,386,285
739,383
4,173,893
7,241,295
2,651,885
105,928
5,647,793
46,826
54,982
16,746
*2
147,853
260,607
......................................................................................
761,427,577
15,367,083
996,094
6,697,511
2,103,859
115,836
5,453,784
4,549,827
Cost of sales and operations......................................................................................
370,079,223
5,333,588
160,682
2,841,672
315,255
*11,080
2,004,900
729,122
*22,702
119,851
*6,152
*13,045
148,888
58,581
Other business income......................................................................................
13,954,910
266,408
Business deductions, total
1,2
Inventory, beginning of year......................................................................................
31,540,485
310,638
Cost of labor......................................................................................
28,723,302
272,250
*386
95,536
147,567
--
28,761
52,720
Purchases......................................................................................
255,539,328
3,794,487
115,317
1,693,923
93,525
*23,511
1,868,211
69,327
Materials and supplies......................................................................................
41,757,379
453,787
Other costs......................................................................................
46,353,794
276,131
*51,399
--
88,140
65,326
6,460
773,371
*22,618
*643
68,055
543,368
Inventory, end of year......................................................................................
33,835,064
368,720
22,299
117,141
*6,005
*26,119
197,155
60,199
Advertising expenses......................................................................................
9,453,659
63,821
5,325
12,937
14,984
5,963
24,612
7,072
Bad debts from sales or services......................................................................................
1,111,178
2,719
*465
*162
*89
*10
1,993
2,761
Car and truck expenses......................................................................................
40,786,963
612,744
47,848
238,545
99,905
*7,684
218,762
127,604
Commissions......................................................................................
11,228,396
173,944
6,666
58,675
*23,463
*1,447
83,692
17,650
*2,347
*(Z)
*2,314
*3
--
*30
336,588
1,554,994
116,411
670,971
316,708
16,644
434,260
415,583
Employee benefit programs......................................................................................
1,663,528
13,282
305
4,266
*7
*1
8,702
6,350
26,916
187,363
68,420
4,862
108,248
58,960
Depletion......................................................................................
387,000
Depreciation......................................................................................
30,637,555
24
*38,117
871,146
Insurance......................................................................................
13,219,821
395,809
Legal and professional services......................................................................................
6,818,392
80,536
6,439
30,042
15,912
813
27,330
92,098
Meals and entertainment deducted......................................................................................
4,031,523
48,338
4,547
10,131
21,593
*167
11,900
17,143
Mortgage interest......................................................................................
4,736,127
121,867
30,757
40,661
*2,047
42,621
20,811
Other interest paid on business indebtedness......................................................................................
6,488,361
240,501
12,686
125,672
55,953
*76
46,115
211,532
Office expenses......................................................................................
9,921,297
6,707
20,791
11,715
*3,063
23,251
48,559
--
*689
--
--
*463
976
Rent on machinery and equipment......................................................................................
8,227,000
137,300
1,386
86,418
11,587
*1,378
36,532
38,401
65,528
Pension and profit-sharing plans......................................................................................
870,362
1,152
Rent on other business property......................................................................................
23,190,502
142,304
17,841
16,786
43,682
*5,810
58,185
24,849
Repairs......................................................................................
11,697,341
724,222
26,742
360,982
176,877
*5,877
153,745
104,826
Supplies......................................................................................
21,654,319
473,302
42,648
97,134
142,427
7,546
183,547
62,418
Salaries and wages......................................................................................
61,204,430
1,648,712
34,042
603,633
37,768
*1,099
972,170
224,002
Taxes paid......................................................................................
14,000,359
289,700
12,028
103,678
43,561
696
129,738
133,077
Travel......................................................................................
8,089,635
114,357
23,010
8,090
40,858
*420
41,979
44,766
Utilities......................................................................................
18,466,170
180,904
12,826
59,840
26,864
5,863
75,511
61,597
Other business deductions......................................................................................
77,357,286
2,895,712
422,344
1,122,469
581,122
32,129
737,648
1,748,995
Home office business deductions......................................................................................
4,785,849
42,015
*1,603
*3,093
*12,211
--
25,109
6,451
Depreciation, Form 8829......................................................................................
554,317
4,702
*1,471
*327
*1,325
--
*1,579
*715
-212,702
598,768
564,812
-9,701
303,229
-140,081
95,333
756,426
773,969
*21,784
736,272
743,704
308,036
157,658
209,157
31,485
433,043
883,785
Net income less deficit
1,2
Net income
1,2
......................................................................................
207,946,977
1,244,406
......................................................................................
233,404,991
2,383,785
Deficit ²......................................................................................
25,458,013
Footnotes at end of table.
24
5,780
1,139,379
Sole Proprietorship Returns, 1999
Table 2.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Sectors
Classified with the North American Industry Classification System--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Animal
All
Net income status, item
nonfarm
and
(including
logging
breeding
(including
of cats and
forest nurseries,
dogs)
timber tracts)
(3)
(4)
industries
(1)
Support
production
Total
(2)
Mining
Forestry
Hunting
Fishing
activities
and
for
trapping
agriculture
Total
and forestry
(5)
(6)
(7)
(8)
BUSINESSES WITH NET INCOME
Number of returns ¹......................................................................................
13,159,090
178,193
12,139
42,205
52,716
*2,205
68,929
62,629
Business receipts, total ¹......................................................................................
847,760,462
12,454,721
564,312
5,695,445
2,184,980
*70,900
3,939,084
2,711,913
Income from sales and operations ¹......................................................................................
835,968,140
12,271,154
538,454
2,554,684
5,669,301
2,174,005
*70,900
3,818,494
*25,858
26,144
*10,975
--
120,590
157,229
......................................................................................
614,372,697
10,071,048
468,978
4,939,019
1,411,035
*49,116
3,202,899
1,967,670
Cost of sales and operations......................................................................................
303,576,676
3,585,451
121,427
2,108,918
218,516
*9,120
1,127,470
401,372
*21,982
72,719
--
*12,334
50,896
17,570
--
59,892
*119,316
--
*22,468
*43,306
60,073
Other business income......................................................................................
11,792,321
183,566
Business deductions, total
1,2
Inventory, beginning of year......................................................................................
22,096,101
157,930
Cost of labor......................................................................................
24,937,198
201,676
2,365,635
*70,117
1,213,043
*31,148
*21,880
1,029,448
Materials and supplies......................................................................................
36,489,521
389,242
Purchases......................................................................................
205,316,063
*33,933
232,646
*49,155
--
73,508
60,393
Other costs......................................................................................
38,454,921
652,032
*3,972
597,358
*18,974
--
31,729
239,009
Inventory, end of year......................................................................................
23,717,127
181,065
*8,576
66,739
*77
*25,094
80,580
18,980
Advertising expenses......................................................................................
7,730,444
30,328
1,707
9,332
8,412
*1,126
9,752
5,067
Bad debts from sales or services......................................................................................
624,578
2,424
*462
*6
--
--
*1,957
*163
26,679
179,345
76,532
*905
145,338
95,103
145,270
*134
44,795
*20,851
*1,219
78,271
2,158
*3
--
--
*3
--
*(Z)
163,121
872,851
35,467
458,540
199,823
*2,914
176,107
180,244
--
3,505
*3
--
7,366
3,757
13,900
151,737
41,490
*333
58,710
40,310
Car and truck expenses......................................................................................
32,699,688
428,799
Commissions......................................................................................
9,473,615
Depletion......................................................................................
189,011
Depreciation......................................................................................
22,117,640
Employee benefit programs......................................................................................
1,508,899
10,874
Insurance......................................................................................
10,951,861
266,170
Legal and professional services......................................................................................
5,272,046
55,428
2,180
23,835
10,388
*193
18,833
32,856
Meals and entertainment deducted......................................................................................
3,344,825
37,287
3,689
9,916
14,425
*54
9,202
11,392
Mortgage interest......................................................................................
3,285,686
85,719
20,405
33,133
--
28,170
15,370
Other interest paid on business indebtedness......................................................................................
4,157,045
152,790
*8,411
83,688
34,266
--
26,425
38,198
Office expenses......................................................................................
8,097,041
39,794
3,374
17,331
4,727
*1,161
13,201
33,278
Pension and profit-sharing plans......................................................................................
851,181
1,145
--
*682
--
--
*463
760
Rent on machinery and equipment......................................................................................
6,657,600
98,580
*970
63,327
*11,363
*1,361
21,559
20,643
10,184
*4,011
Rent on other business property......................................................................................
18,921,643
79,967
16,150
9,276
27,274
*2,482
24,785
Repairs......................................................................................
8,792,473
445,725
*3,669
267,288
88,398
*140
86,230
60,436
Supplies......................................................................................
17,393,568
285,269
17,703
75,919
88,356
*1,729
101,561
28,279
Salaries and wages......................................................................................
52,456,169
1,256,135
*27,293
409,510
*33,162
--
786,170
137,447
Taxes paid......................................................................................
11,416,532
199,315
9,365
68,368
25,492
*296
95,795
71,006
Travel......................................................................................
6,169,439
78,434
10,803
6,541
31,178
*267
29,645
13,158
Utilities......................................................................................
14,672,088
119,453
9,161
46,266
18,853
*870
44,304
29,905
Other business deductions......................................................................................
58,798,610
1,771,278
152,220
877,089
411,976
*23,787
306,206
560,324
Home office business deductions......................................................................................
3,917,058
16,117
*202
*3,093
*10,183
--
2,640
*5,542
Depreciation, Form 8829......................................................................................
425,285
1,058
*22
*327
*625
--
*83
*668
2,383,785
95,333
756,426
773,969
*21,784
736,272
743,704
Number of returns......................................................................................
2,644,479
31,196
*1,651
*1,355
*6,971
*941
20,278
16,768
Business receipts......................................................................................
13,946,275
183,634
*6,827
*2,493
*25,259
*5,176
143,879
44,932
Business deductions......................................................................................
1,321,302
7,384
*847
*402
*2,233
*1,161
2,740
7,638
*5,980
*2,091
*23,026
*4,015
141,139
37,294
1,2
Net income ......................................................................................
233,404,991
Returns with Schedule C-EZ:
Net income......................................................................................
12,624,973
176,250
Footnotes at end of table.
25
Sole Proprietorship Returns, 1999
Table 2.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Sectors
Classified with the North American Industry Classification System--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Mining--continued
Oil
Net income status, item
Utilities
Metal
Nonmetallic
Support
and
Coal
ore
mineral
activities for
gas extraction
mining
mining
mining and
mining
Construction
Land
Total
Total
and land
quarrying
(9)
(10)
(11)
(12)
subdivision
development
(13)
(14)
(15)
(16)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns ¹......................................................................................
97,173
*9
*3,017
9,312
7,587
9,077
2,283,929
20,349
Business receipts, total ¹......................................................................................
3,232,669
*9,011
*35,808
711,567
445,445
108,154
154,225,367
2,938,922
Income from sales and operations ¹......................................................................................
2,979,745
*8,866
*34,346
2,886,612
710,210
440,726
107,888
153,190,354
*1,462
*1,357
*4,719
*265
1,035,013
52,309
......................................................................................
3,508,243
*9,366
*61,435
672,498
298,285
85,216
125,894,824
2,545,554
Cost of sales and operations......................................................................................
512,924
*7,151
*13,307
154,380
*41,361
*8,844
71,209,197
1,771,759
*5,301
*1,954
*3,709
*10,952
2,663,253
450,061
Other business income......................................................................................
252,924
*145
Business deductions, total
1,2
Inventory, beginning of year......................................................................................
47,618
-Cost of labor......................................................................................
*1,906
--
--
*43,563
*7,252
--
14,672,879
383,481
Purchases......................................................................................
13,522
--
*9,963
31,688
*14,154
*7,810
23,478,269
763,693
Materials and supplies......................................................................................
15,609
--
*2,194
*44,255
*3,268
--
23,102,793
168,452
Other costs......................................................................................
484,606
*7,151
*1,691
*34,724
*15,195
*130
10,378,027
450,203
Inventory, end of year......................................................................................
50,337
--
*5,842
*1,803
*2,217
*10,048
3,086,024
444,132
*22
1,616
3,665
*646
721,866
7,942
--
*124
*1
*4
112,016
*485
*5,992
35,798
17,883
*8,779
7,857,219
73,702
10,970
Advertising expenses......................................................................................
1,769
--
Bad debts from sales or services......................................................................................
*2,636
-Car and truck expenses......................................................................................
67,931
--
26
Commissions......................................................................................
16,633
*6
*4
*1,006
--
--
1,102,876
Depletion......................................................................................
330,324
*56
--
*5,548
*660
*54
2,185
*576
Depreciation......................................................................................
279,902
*1,170
*15,957
87,029
31,525
6,389
5,018,536
95,645
Employee benefit programs......................................................................................
3,367
--
*20
*2,958
*4
*488
211,900
1,561
Insurance......................................................................................
14,839
*439
29,177
14,504
1,306
2,859,605
25,221
*70
7,614
4,732
1,068
623,992
21,289
Meals and entertainment deducted......................................................................................
8,926
*5
*101
*757
*7,355
*459
285,164
7,455
*12,622
--
*35
600,656
42,544
--
Legal and professional services......................................................................................
79,626
*56
Mortgage interest......................................................................................
8,189
--
--
Other interest paid on business indebtedness......................................................................................
195,978
*388
*128
11,602
*3,436
*841
747,957
41,382
Office expenses......................................................................................
29,959
*23
2,873
15,692
*743
758,510
9,581
*5
*192
--
--
94,862
2,321
Rent on machinery and equipment......................................................................................
23,504
*(Z)
*1,064
12,041
*1,792
*2,833
1,291,853
22,450
*12
Pension and profit-sharing plans......................................................................................
779
--
*32
*200
*980
*3,434
821,707
8,378
Repairs......................................................................................
19,911
Rent on other business property......................................................................................
23,637
-*42
*2,381
59,240
23,253
1,903
1,590,670
52,397
Supplies......................................................................................
27,722
--
*7,501
14,657
12,538
5,150
4,960,754
29,846
Salaries and wages......................................................................................
76,849
--
*6,255
99,098
*41,800
*5,335
8,716,777
46,453
32,529
Taxes paid......................................................................................
98,491
*367
*1,935
23,494
8,789
978
1,760,575
Travel......................................................................................
37,826
*4
*897
*945
*5,093
*1,100
529,486
5,269
Utilities......................................................................................
31,905
*26
*124
17,343
12,198
*1,201
1,677,078
24,099
Other business deductions......................................................................................
1,605,477
*86
*5,176
91,925
46,330
33,598
11,699,723
209,422
Home office business deductions......................................................................................
1,758
--
--
--
*4,693
*27
501,135
*2,246
Depreciation, Form 8829......................................................................................
*45
--
--
--
*670
*5
64,728
*175
*-25,627
39,069
147,161
22,907
28,330,310
393,163
--
*1,932
82,384
165,752
33,480
30,188,237
519,200
*355
*27,559
43,315
18,591
*10,573
1,857,927
126,037
Net income less deficit
1,2
......................................................................................
-300,328
*-355
Net income 1,2 ......................................................................................
493,636
Deficit ²......................................................................................
793,964
Footnotes at end of table.
26
Sole Proprietorship Returns, 1999
Table 2.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Sectors
Classified with the North American Industry Classification System--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Mining--continued
Oil
Net income status, item
Utilities
Metal
Nonmetallic
Support
and
Coal
ore
mineral
activities for
gas extraction
mining
mining
mining and
mining
Construction
Land
Total
Total
and land
quarrying
(9)
(10)
(11)
(12)
subdivision
development
(13)
(14)
(15)
(16)
BUSINESSES WITH NET INCOME
Number of returns ¹......................................................................................
52,802
--
*17
3,562
6,248
5,198
1,985,468
17,316
Business receipts, total ¹......................................................................................
1,742,439
--
*27,519
550,044
391,911
106,640
140,794,427
2,515,839
Income from sales and operations ¹......................................................................................
1,588,027
-*26,061
2,483,986
548,687
391,909
106,375
139,926,927
*1,458
*1,357
*2
*265
867,501
31,852
......................................................................................
1,248,264
--
*25,588
467,660
226,159
73,161
110,605,877
1,996,638
-Cost of sales and operations......................................................................................
220,329
*13,307
137,667
*30,069
*7,882
63,755,728
1,392,192
*5,301
*1,954
*2,313
*10,952
1,966,611
134,794
--
*43,297
--
--
13,242,898
*354,251
Other business income......................................................................................
154,412
-Business deductions, total
1,2
Inventory, beginning of year......................................................................................
*8,002
-Cost of labor......................................................................................
*9
--
Purchases......................................................................................
6,715
--
*9,963
*29,240
*14,154
*6,848
20,656,199
600,728
-Materials and supplies......................................................................................
15,515
*2,194
*42,685
--
--
20,825,550
114,333
Other costs......................................................................................
199,828
--
*1,691
*22,295
*15,195
*130
9,213,617
354,592
Inventory, end of year......................................................................................
*9,740
--
*5,842
*1,803
*1,594
*10,048
2,149,147
166,506
*22
998
*3,224
*454
619,953
5,616
--
*124
*1
*4
74,092
*47
Car and truck expenses......................................................................................
50,727
--
*12
*26,780
*17,585
*5,570
6,753,358
67,923
Commissions......................................................................................
1,148
--
*4
*1,006
--
--
1,039,091
6,252
Depletion......................................................................................
160,368
--
--
*2,581
*172
*54
1,933
*480
Depreciation......................................................................................
89,376
--
*819
61,264
*28,785
*4,201
4,180,309
76,417
Advertising expenses......................................................................................
822
--
Bad debts from sales or services......................................................................................
*38
--
Employee benefit programs......................................................................................
1,010
--
*20
*2,726
--
*488
200,955
*906
Insurance......................................................................................
7,683
*439
23,243
*8,944
*1,301
2,505,234
20,311
-Legal and professional services......................................................................................
22,456
*70
6,403
*3,926
625
519,054
10,103
Meals and entertainment deducted......................................................................................
3,645
--
*5
*658
*7,084
*171
244,161
6,685
Mortgage interest......................................................................................
2,785
--
*12,585
--
*15
404,717
14,952
25,253
--
--
Other interest paid on business indebtedness......................................................................................
31,276
-*128
*3,498
*3,296
*823
608,521
*23
2,142
*15,034
*743
640,938
7,127
*5
*166
--
--
94,377
*2,160
Rent on machinery and equipment......................................................................................
7,101
-*1,064
21,221
Office expenses......................................................................................
16,079
--
Pension and profit-sharing plans......................................................................................
*589
-Rent on other business property......................................................................................
9,253
-Repairs......................................................................................
7,325
--
*10,686
*1,792
*2,833
1,128,238
*32
*22
*876
*3,420
682,239
6,767
*1,961
40,091
*11,059
1,859
1,320,265
46,393
Supplies......................................................................................
5,823
--
*7
*11,719
*10,730
*2,305
4,354,206
27,835
Salaries and wages......................................................................................
37,572
--
*5,868
52,345
*41,661
*5,335
7,682,006
38,833
Taxes paid......................................................................................
46,593
--
*566
16,918
*6,928
*977
1,495,953
15,377
Travel......................................................................................
12,086
--
*117
*145
*810
*36
410,232
3,541
Utilities......................................................................................
9,621
--
*124
13,809
*6,350
*906
1,444,349
20,141
Other business deductions......................................................................................
496,363
--
*992
39,826
*23,143
33,134
9,859,278
177,828
-Home office business deductions......................................................................................
*854
--
--
*4,688
*27
448,166
*2,245
Depreciation, Form 8829......................................................................................
*12
--
--
--
*655
*5
56,714
*175
--
*1,932
82,384
165,752
33,480
30,188,237
519,200
Number of returns......................................................................................
14,348
--
--
*684
*1,736
*3
317,624
*205
Business receipts......................................................................................
15,954
--
--
*881
*28,097
*4
1,829,412
*43,927
Business deductions......................................................................................
7,379
--
--
*258
--
*1
138,523
*34
Net income......................................................................................
8,575
--
--
*623
*28,097
*3
1,690,889
*43,893
1,2
Net income ......................................................................................
493,636
Returns with Schedule C-EZ:
Footnotes at end of table.
27
Sole Proprietorship Returns, 1999
Table 2.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Sectors
Classified with the North American Industry Classification System--Continued
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Construction--continued
Net income status, item
Manufacturing
Residential
Nonresidential
Heavy
Special
building
building
construction
trade
construction
construction
(17)
(18)
Total
Food
Textile
manufacturing
and textile
contractors
(19)
(20)
product mills
(21)
(22)
(23)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns ¹......................................................................................
357,136
84,325
58,229
1,763,890
359,559
30,876
6,095
Business receipts, total ¹......................................................................................
37,960,287
7,519,397
4,690,800
101,115,961
27,327,211
3,021,165
136,218
4,658,755
100,422,834
27,136,377
3,016,050
136,201
32,045
693,127
190,834
5,115
*17
......................................................................................
32,805,734
6,550,474
4,204,710
79,788,351
23,723,378
2,693,957
*128,567
Cost of sales and operations......................................................................................
23,435,631
4,321,593
1,668,933
40,011,281
13,133,241
1,887,322
*40,938
Inventory, beginning of year......................................................................................
1,288,015
199,432
18,858
706,886
1,057,642
114,962
*1,093
Cost of labor......................................................................................
3,459,321
699,647
270,788
9,859,641
1,799,688
101,673
*6,329
Purchases......................................................................................
7,972,326
1,421,058
566,192
12,754,999
7,995,271
1,605,592
*18,794
Materials and supplies......................................................................................
7,220,578
1,052,441
431,302
14,230,019
2,416,666
122,982
*15,406
Other costs......................................................................................
4,941,972
1,164,653
403,798
3,417,402
1,092,312
71,715
*(Z)
Inventory, end of year......................................................................................
1,446,581
215,638
22,006
957,667
1,228,336
129,601
*684
*949
Income from sales and operations ¹......................................................................................
37,736,003
7,486,150
Other business income......................................................................................
224,284
33,248
Business deductions, total
1,2
Advertising expenses......................................................................................
97,513
25,982
25,987
564,442
234,687
20,590
Bad debts from sales or services......................................................................................
26,487
4,055
*4,615
76,375
22,701
*129
--
Car and truck expenses......................................................................................
1,148,803
321,730
249,618
6,063,366
814,328
49,532
*5,116
Commissions......................................................................................
241,482
36,052
15,918
798,454
240,751
26,772
--
*29
*2
*1,006
*2,158
*1,978
--
178,218
412,952
3,635,534
998,722
68,900
*15,486
Depletion......................................................................................
*572
Depreciation......................................................................................
696,187
28
Employee benefit programs......................................................................................
42,137
16,875
7,069
144,258
84,651
2,513
--
149,491
135,689
2,037,131
325,682
25,860
*1,384
Legal and professional services......................................................................................
146,737
36,127
30,114
389,726
148,635
14,965
*1,687
Meals and entertainment deducted......................................................................................
42,814
20,408
6,412
208,075
49,999
2,216
*777
Mortgage interest......................................................................................
196,531
23,300
295,187
135,782
16,390
*48
Other interest paid on business indebtedness......................................................................................
159,071
45,516
77,844
424,145
211,370
19,365
*469
Office expenses......................................................................................
150,817
*1,533
Insurance......................................................................................
512,074
43,093
22,808
545,261
214,742
17,488
Pension and profit-sharing plans......................................................................................
7,358
*3,687
30,042
*1,461
80,035
22,057
*586
--
Rent on machinery and equipment......................................................................................
123,670
66,167
196,919
882,648
260,081
2,909
*422
Rent on other business property......................................................................................
98,629
47,660
18,837
648,203
752,609
106,748
*756
Repairs......................................................................................
174,880
181,134
1,123,740
289,782
34,191
*1,298
58,520
Supplies......................................................................................
800,532
175,368
273,029
3,681,979
709,951
34,450
*8,547
Salaries and wages......................................................................................
1,341,581
294,318
322,252
6,712,174
2,180,357
152,647
*31,449
Taxes paid......................................................................................
298,677
77,809
63,279
1,288,282
530,230
46,051
*4,801
Travel......................................................................................
74,764
59,149
14,968
375,336
139,315
9,963
*3,049
Utilities......................................................................................
281,761
86,601
65,014
1,219,602
571,182
67,822
*6,702
Other business deductions......................................................................................
2,591,764
431,192
372,668
8,094,677
1,507,691
81,889
*3,157
Home office business deductions......................................................................................
89,712
13,098
13,873
382,205
126,870
*2,526
--
*76
52,700
12,847
*10
--
486,090
21,327,467
3,608,920
327,209
7,652
1,079,591
582,016
22,414,442
4,280,176
404,690
*17,635
110,536
95,926
1,086,975
671,256
77,482
*9,984
Depreciation, Form 8829.....................................
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