Sole Proprietorship Returns, 2007
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Sole Proprietorship Returns, 2007
by Adrian Dungan
F
or Tax Year 2007, there were approximately
23.1 million individual income tax returns that
reported nonfarm sole proprietorship activity,
a 4.7-percent increase from 2006. Profits for these
returns grew to a level of $280.6 billion in 2007, a
0.9-percent increase from 2006. However, in constant dollars, total nonfarm sole proprietorship profits
decreased for the second consecutive year, by 1.8
percent, after decreasing 0.4 percent in 2006.
Among all industrial sectors, the real estate and
rental and leasing sector experienced the most significant downturn in both profits and receipts from
Tax Years 2006 to 2007. After profits in the real estate and rental and leasing sector decreased by 18.5
percent in 2006, they slid even further in 2007, dropping another 17.7 percent.1 In current dollar terms,
these profits fell from $27.2 billion reported in 2006
to $22.3 billion in 2007. This sector also reported
the largest percentage decrease in receipts for 2007,
dropping from $77.2 billion in 2006 to $71.0 billion
for 2007, an 8.0-percent decrease. In 2006, this sector had reported the largest percentage decrease in
receipts for all sectors, at 6.9 percent.
However, not all industrial sectors reported declines for 2007. The professional, scientific, and
technical services sector, representing 25.5 percent
of total sole proprietorship profits at $71.6 billion,
had the largest profits of any sector, increasing 6.8
percent from 2006. Reporting the second largest
profits of any sector was the health care and social
assistance sector, with 16.4 percent of total profits, at
$46.1 billion.
For sole proprietorships as a whole, receipts
increased 3.6 percent, and deductions increased 4.3
percent. The construction sector reported the largest
percentage of total business receipts and deductions
among all industrial sectors, with 17.4 percent and
Adrian Dungan is an economist with the Individual Returns Analysis Section. This article was prepared under
the direction of Jeff Hartzok, Chief.
18.7 percent, respectively. This sector reported a
2.4-percent decrease in receipts and a 1.9-percent
decrease in deductions. Although not among the
larger of the industrial sectors, the finance and insurance sector reported the largest percentage increase
in both receipts and deductions, with a 14.1-percent
increase in business receipts and a 17.3-percent increase in deductions.
Returns and Receipts
The number of individual income tax returns reporting nonfarm sole proprietorship activity for 2007 increased 4.7 percent to more than 23.1 million (Figure
A).2 Professional, scientific, and technical services,
the largest sector in terms of number of returns,
increased by 10.4 percent to more than 3.2 million
returns. This sector also accounted for the largest
reported increase in number of returns for any industrial sector.
The construction sector, which was the second
largest sector, reported roughly 2.9 million returns, a
slight increase of 0.5 percent. The only two sectors
to have decreases in the number of returns for 2007.
were retail trade (1.2 percent) and wholesale trade
(10.1 percent). The latter, however, is the smallest
sole proprietorship sector analyzed in this article,
with only 0.3 million returns.
Total business receipts (the sum of income from
sales and operations and other business income) for
all nonfarm sole proprietorship industries increased
3.6 percent, from $1,278.4 billion to $1,324.4 billion.3 The construction sector is the largest sector in
terms of business receipts and accounts for 17.4 percent of total business receipts. Its receipts decreased
by 2.4 percent in 2007, a change in direction from
the 11.9-percent and 6.3-percent increases in 2005
and 2006, respectively.
The retail trade sector, the second largest sector
in terms of business receipts, was back up (2.2 percent) after a slight drop (1.4 percent) last year. The
two industries with the largest percentage increases
1
Dent, Jonathan; Jeff Curry; and Justin Bryan, "Sole Proprietorship Returns, 2006,” Statistics of Income Bulletin, Fall 2008, Volume 28, Number 2, pp. 70-128. Profits in
the real estate and rental and leasing sector increased from $27.9 billion in 2004 to $33.3 billion in 2005.
2 For 2007, the 23,122,698 nonfarm sole proprietorship returns accounted for an estimated 25,822,467 nonfarm businesses. 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.
3 Statistics for business receipts, total in Table 2 represent 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 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 nonbusiness-related
investment income, as part of total income on individual income tax returns.
5
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure A
Nonfarm Sole Proprietorship Returns, Receipts, and Deductions, by Selected Industrial Sectors, Tax
Years 2006 and 2007
[Number of returns is in thousands—money amounts are in billions of dollars]
Number of returns
Industrial sector
All nonfarm industries
Construction
Specialty trade contractors
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Finance and insurance
Real estate and rental and leasing
Real estate
Professional, scientific, and technical services
Administrative and support and waste
management and remediation services
Health care and social assistance
Child day care services
Arts, entertainment, and recreation
Performing arts, spectator sports, and
related industries
Other services
Personal and laundry services
All other industries
2006
Total business receipts
2007
Percentage
increase
2006
Total business deductions [1]
2007
Percentage
increase
2006
2007
Percentage
increase
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
22,075.0
2,915.8
2,287.0
378.5
2,466.1
1,084.0
688.3
1,381.3
1,318.1
2,929.7
23,122.7
2,931.1
2,347.4
340.4
2,436.3
1,154.8
726.0
1,393.4
1,336.8
3,234.5
4.7
0.5
2.6
-10.1
-1.2
6.5
5.5
0.9
1.4
10.4
1,278.4
236.4
158.4
48.5
194.6
76.3
82.4
77.2
73.5
156.1
1,324.4
230.8
159.7
50.4
198.9
82.1
94.0
71.0
66.9
169.3
3.6
-2.4
0.9
4.0
2.2
7.7
14.1
-8.0
-8.9
8.5
1,001.1
199.0
129.9
43.7
185.7
65.5
62.9
50.0
46.4
89.1
1,044.3
195.2
131.9
45.6
189.5
71.2
73.8
48.7
44.8
97.8
4.3
-1.9
1.6
4.6
2.0
8.8
17.3
-2.6
-3.5
9.7
2,140.7
1,873.5
715.3
1,238.3
2,251.0
2,016.4
797.9
1,283.3
5.2
7.6
11.5
3.6
57.2
110.4
10.9
30.0
60.3
115.5
12.5
31.0
5.4
4.6
13.8
3.5
41.1
66.0
7.0
22.9
43.9
69.5
7.9
23.5
6.8
5.3
12.9
2.3
1,039.5
2,281.8
1,401.4
2,697.0
1,068.0
2,416.2
1,583.3
2,939.2
2.7
5.9
13.0
9.0
21.7
81.8
38.2
127.5
23.9
84.8
43.6
136.2
10.5
3.6
14.2
6.8
15.7
63.8
26.8
111.3
16.5
65.6
30.8
120.1
5.5
2.7
14.9
7.9
[1] Total business deductions are calculated before subtraction of nonallowable "passive" activity losses and any "passive loss" carryover from prior years.
NOTES: Detail may not add to totals because of rounding. Percentage increases were calculated before rounding.
in business receipts were the finance and insurance
sector and the professional, scientific, and technical
services sector. They grew by 14.1 percent and 8.5
percent, respectively, providing a combined total
increase of $24.8 billion in business receipts. For
all sectors, total business receipts for nonfarm sole
proprietorships increased by $46.0 billion in 2007,
meaning that the two industries achieving the largest gains accounted for 53.9 percent of the aggregate
increase.
The third largest increase came from the transportation and warehousing sector with a 7.7-percent
growth in receipts. The real estate and rental and
leasing sector, which showed the largest percentage
6
decrease in receipts for Tax Year 2006 (6.9 percent),
once again reported the largest percentage decrease
in receipts among all industrial sectors for Tax Year
2007, decreasing 8.0 percent. In constant dollar
terms, the percentage increase in total business receipts went up 0.8 percent in 2007, down from the
larger 3.9-percent and 1.1-percent increases seen in
2005 and 2006, respectively (Figure B).4
Deductions
Total business deductions (cost of sales and operations plus business expenses, including expenses for
home office) in current dollars increased 4.3 percent,
from $1,001.1 billion for 2006 to $1,044.3 billion for
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. Indices used for this article were:
Year Indices
Year Indices
Year Indices
Year
Indices
1988 75.7
1993
88.
1998 96.5
2003
106.0
1989 78.6
1994 90.3
1999 97.9
2004
109.1
1990 81.6
1995 92.1
2000 100.0
2005
112.7
1991 84.4
1996 93.9
2001 102.4
2006
116.6
1992
86.4
1997 95.4
2002 103.9
2007
119.8
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure B
Nonfarm Sole Proprietorship Receipts, Deductions, and Profits, Tax Years 1988-2007
[Money amounts are in billions of dollars]
Total business receipts
Tax
year
Current
dollars
(1)
Total business deductions [1]
Constant dollars [2]
Percentage
Amount
increase
(2)
(3)
Current
dollars
(4)
Net income less deficit (profits)
Constant dollars [2]
Percentage
Amount
increase
(5)
(6)
Current
dollars
(7)
Constant dollars [2]
Percentage
increase
(8)
(9)
Amount
1988
672.0
887.8
[3]
545.7
720.9
[3]
126.3
166.9
[3]
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
692.8
730.6
712.6
737.1
757.2
790.6
807.4
843.2
870.4
918.3
969.3
1,021.0
1,016.8
1,029.7
1,050.2
1,139.5
1,222.9
1,278.4
1,324.4
881.9
895.5
843.9
853.3
856.8
876.0
876.6
898.5
912.2
951.8
990.5
1,021.0
993.3
990.6
990.8
1,044.5
1,084.7
1,096.7
1,105.4
-0.7
1.5
-5.8
1.1
0.4
2.2
0.1
2.5
1.5
4.3
4.1
3.1
-2.7
-0.3
[4]
5.4
3.9
1.1
0.8
560.2
589.2
571.2
583.1
600.8
623.8
638.1
666.5
683.9
716.2
761.4
806.4
799.6
808.9
820.2
892.4
953.4
1,001.1
1044.3
713.1
722.1
676.4
675.0
679.7
691.2
692.8
710.1
716.7
742.3
778.0
806.4
781.1
778.2
773.8
818.0
845.7
858.8
871.6
-1.1
1.3
-6.3
-0.2
0.7
1.7
0.2
2.5
0.9
3.6
4.8
3.6
-3.1
-0.4
-0.6
5.7
3.4
1.6
1.5
132.7
141.4
141.5
154.0
156.5
166.8
169.3
176.8
186.6
202.3
207.9
214.7
217.4
221.1
230.3
247.6
269.9
278.0
280.6
168.9
173.3
167.6
178.3
177.0
184.8
183.8
188.3
195.6
209.7
212.5
214.7
212.3
212.7
217.3
226.9
239.4
238.5
234.2
1.2
2.6
-3.3
6.4
-0.7
4.4
-0.6
2.5
3.9
7.2
1.3
1.1
-1.1
0.2
2.1
4.4
5.5
-0.4
-1.8
[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.
The deflator represents the annual average of current-weighted prices, based on 2000 = 100.
[3] Not calculated.
[4] Less than 0.05 percent.
NOTE: Percentage increases were calculated before rounding.
2007 (Figure A).5, 6 In addition to reporting the largest percentage increase in receipts, the finance and
insurance sector also reported the largest percentage
increase in total business deductions with 17.3 percent. The largest sector in terms of total business deductions, the construction sector, reported a 1.9-percent decrease in deductions. The real estate and
rental and leasing sector was the only other sector to
show a percentage decrease in deductions, decreasing
2.6 percent. As shown in Figure B, when accounting
for inflation, total business deductions increased 1.5
percent in 2007, the fourth straight year in which total inflation-adjusted business deductions increased.
The cost of sales and operations, which represented 40.5 percent of total 2007 business deductions, increased 3.2 percent from its 2006 level to
approximately $422.7 billion (Figure C). Total busi-
ness expenses (total business deductions minus the
cost of sales and operations) were $621.7 billion for
2007, a 5.1-percent increase from the 2006 amount.
The main components of total business expenses are
highlighted in Figure D. Surpassing salaries and
wages (which was the largest expense item for 2006),
the largest component was car and truck expenses,
accounting for 13.2 percent of the total. For 2007,
car and truck expenses totaled $82.0 billion, a substantial 8.8-percent increase from 2006.
Closely following car and truck expenses, accounting for 12.8 percent of total business expenses,
were salaries and wages which increased 3.0 percent
from 2006 to $79.4 billion. The next largest components were rent on business property, machinery, and
equipment (6.9 percent), and depreciation (6.4 percent). For 2007, rent on business property, machin-
5
Sole proprietors report personal, i.e., nonbusiness, 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 C-EZ, Net Profit From Business). Salaries paid to owners are neither deducted as wages paid on Schedule C,
nor included as wages received on Form 1040. 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 home office business deductions. 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 depreciation deductions, utilities, and other expenses on Schedule C.
7
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure C
Components of Nonfarm Sole Proprietorship Business Deductions, Tax Years 2006 and 2007
[Money amounts are in millions of dollars]
Business deductions
Business deductions, total [1,2]
Cost of sales and operations
operations, total
Inventory
Inventory, beginning of year
C
Costt off llabor
b
P
Purchases
h
M
Materials
t i l and
d supplies
li
Other costs
Inventory,
y, end of yyear
Business expenses,
p
, total [1]
[ ]
Advertising
g expenses
p
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation [3]
Employee benefit programs
Home office business deductions [3]
Depreciation
Depreciation, Form 8829
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Oth
Other iinterest
t
t paid
id on b
business
i
indebtedness
i d bt d
Offi
Office expenses
P
Pension
i and
d profit-sharing
fit h i plans
l
Rent on machineryy and equipment
q p
Rent on other business property
p p y
Repairs
epa s
Salaries and wages
Supplies
Taxes paid
Travel
Utilities
Other business deductions
2007
Percentage
increase
((1))
(2)
( )
(3)
( )
1,001,097.6
409 661 0
409,661.0
41 101 7
41,101.7
31 743 9
31,743.9
259
992 7
259,992.7
59
699 4
59,699.4
61
626 5
61,626.5
44,503.2
591,436.6
,
,
15,274.1
,
75,402.4
15,634.3
34,577.9
1,058.4
39,004.5
2,867.7
10,119.5
1 639 7
1,639.7
19 083 9
19,083.9
10 092 9
10,092.9
7 306 3
7,306.3
6 297 5
6,297.5
7 214 5
7,214.5
13 024 7
13,024.7
1 276 9
1,276.9
9 350 3
9,350.3
31,229.2
,
15,726.0
,
77,038.7
32,136.9
17,660.0
11,861.2
23,842.8
110,762.7
1,044,343.4
422 684 5
422,684.5
44 469 6
44,469.6
34
34,514.6
514 6
264 234 8
264,234.8
61
519 0
61,519.0
64
956 7
64,956.7
47,010.1
621,658.9
,
15,731.0
,
82,023.8
14,569.2
36,674.4
1,021.1
39,646.0
2,909.5
11,217.6
1 439 1
1,439.1
19 290 6
19,290.6
10 934 4
10,934.4
7 661 5
7,661.5
6 649 0
6,649.0
8 368 2
8,368.2
13
297 3
13,297.3
1 279 7
1,279.7
9,526.5
9 526 5
33,613.2
,
16,170.7
,
79,380.3
32,325.5
18,183.2
13,134.0
24,856.2
119,516.1
2006
4.3
32
3.2
8.2
8
2
8.7
87
1
1.6
6
3
3.0
0
5.4
5.6
5.1
3.0
8.8
6.8
-6.8
6.1
-3.5
1.6
1.5
10 9
10.9
-12.2
-12
2
11
1.1
83
8.3
49
4.9
5.6
56
16.0
16 0
2.1
21
0.2
02
1.9
7.6
2.8
8
3.0
0.6
3.0
10.7
4.3
79
7.9
[1] Includes returns with Schedule C-EZ, Net Profit from Business , 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.
[2] Total business deductions are before subtraction of nonallowable "passive"
passive activity losses and any "passive
passive loss"
loss carryover from the prior years.
[3] Depreciation claimed on Form 8829, Expenses for Business Use of Your Home , is included in "home
home office business deductions"
deductions and excluded from "depreciation"
depreciation
shown above.
NOTES: Detail may not add to totals because of rounding. Percentage increases were calculated before rounding.
ery, and equipment expenses increased 6.3 percent
to $43.1 billion, while depreciation expenses rose
1.6 percent to $39.6 billion. Car and truck expenses
showed the largest net increase in share of business
expenses at 0.4 percentage points, up from 12.8 percent in 2006, while commissions showed the largest
net decrease at 0.3 percentage points, down from 2.6
percent for 2006.
Historically, constant dollar depreciation increased every year from 1993 through 2002, with
8
the exception of 1995, when it decreased 1.9 percent
to $28.5 billion (Figure E).7 In 2003, under the
Jobs and Growth Tax Relief Reconciliation Act of
2003, the maximum allowable section 179 deduction
(which allows expensing of investment property in
the year of purchase instead of depreciating it over
time) vaulted from $24,000 for 2002 to $100,000 for
2003. This change led to constant dollar depreciation
increasing by 11.7 percent for 2003, which was the
highest growth in depreciation of any year between
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 179 deduction for all individuals (not just sole proprietors)
filing Form 4562, Depreciation and Amortization, increased 32.4 percent to $13.5 billion for 1993.
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure D
NonfarmSoleProprietorshipTotalBusinessExpensesbyTypeofExpenses,TaxYear2007[1]
Travel
2.1
Office expenses
2.1
Commissions
2.3
Total interest
2.4
Advertising expenses
2.5
Repairs
2.6
Taxes paid
2.9
Insurance
3.1
Utilities
4.0
Supplies
5.2
Contract labor
5.9
Depreciation [2]
6.4
Rent paid on machinery, equipment and other business
property
8.0
Salaries and wages
12.8
Car and truck expenses
13.2
Other business deductions [3]
24.4
0
5
10
15
20
25
3
Percent of total
[1] Total business expenses equal all business deductions minus cost of sales and operations.
[2] Depreciation claimed on Form 8829, Expenses for Business Use of Your Home, is included in "home office business deductions" and excluded from
"depreciation" shown above. See footnote 3 below.
[3] Depletion; employee benefit programs; legal and professional services; pension and profit-sharing plans; meals and entertainment; and home office
business deductions. Other business deductions also include all Schedule C-EZ, Net Profit from Business, deductions ($3.7 billion).
NOTES: Percentages are based on an estimated total business expense of $621.7 billion. Detail may not add to 100 percent because of rounding.
1988 and 2007. But the initial jump in depreciation
was offset in subsequent years by trends of decreased
depreciation.
From 2004 through 2007, constant dollar declines of depreciation were witnessed for all 4 years.
In 2004, constant dollar depreciation deductions
decreased by 0.2 percent, marking the first drop in
9 years. This downward trend was even more
evident in 2005, as constant dollar depreciation
plummeted 11.8 percent, followed by decreases
of 3.5 percent and 1.1 percent in 2006 and
2007, respectively. During this same 4-year period, section 179 limits gradually increased for
inflation, from $102,000 in 2004, to $105,000
9
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure E
Nonfarm Sole Proprietorship Net Income, Deficit, and Depreciation, Tax Years 1988-2007
[Money amounts are in billions of dollars]
Current dollars
Tax year
Net income
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Deficit
Constant dollars [1]
Depreciation [2]
Percentage increase in constant dollars [1]
Net income
Deficit
Depreciation [2]
Net income
Deficit
Depreciation [2]
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
145.5
152.4
161.7
162.4
173.5
177.0
187.8
191.7
200.1
210.5
226.2
233.4
245.2
250.2
257.3
269.1
290.5
314.8
326.8
335.1
19.2
19.7
20.2
20.9
19.5
20.5
21.0
22.5
23.4
23.8
23.9
25.5
30.5
32.8
36.2
38.8
42.9
44.8
48.7
54.5
26.1
24.5
23.7
23.1
23.3
25.0
26.2
26.2
27.4
28.6
29.1
30.6
32.2
33.4
36.6
41.8
42.9
39.1
39.0
39.6
192.2
194.0
198.2
192.3
200.8
200.3
208.1
208.2
213.2
220.6
234.5
238.5
245.2
244.4
247.5
253.9
266.3
279.2
280.3
279.7
25.4
25.1
24.8
24.8
22.6
23.2
23.3
24.4
24.9
25.0
24.8
26.0
30.5
32.0
34.8
36.6
39.3
39.8
41.8
45.5
34.5
31.2
29.0
27.4
27.0
28.3
29.0
28.5
29.2
30.0
30.2
31.3
32.2
32.7
35.3
39.4
39.3
34.7
33.5
33.1
[3]
0.9
2.2
-3.0
4.4
-0.3
3.9
[4]
2.4
3.4
6.3
1.7
2.8
-0.3
1.3
2.6
4.9
4.9
0.4
-0.2
[3]
-1.1
-1.3
[4]
-8.8
2.8
0.3
4.8
2.1
0.3
-0.7
4.9
17.3
5.0
8.7
5.1
7.5
1.1
5.1
8.9
[3]
-9.6
-6.9
-5.8
-1.4
4.9
2.6
-1.9
2.4
2.9
0.7
3.7
2.8
1.4
8.0
11.7
-0.2
-11.8
-3.5
-1.1
[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. The deflator represents the annual average of current-weighted prices, based on 2000 = 100.
[2] Excludes depreciation claimed on Form 8829, Expenses for Business Use of Your Home.
[3] Not calculated.
[4] Less than 0.05 percent.
NOTE: Percentage increases were calculated before rounding.
in 2005, to $108,000 in 2006, finally rising to
$125,000 in 2007.8, 9
Beginning with Tax Year 1992, certain smaller
businesses could elect not to 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 source of sole proprietorship statistics). For Tax Year 2007, taxpayers
could use Schedule C-EZ if they: had business expenses of $5,000 or less; used the cash accounting
method; had no inventories; did not report a loss
from the business; had only one business as a sole
proprietor; had no employees; were not required to
10
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 do 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. For Tax Year
2007, approximately 4.4 million taxpayers filed
Schedule C-EZ, marking a 9.2-percent increase from
the number filed for 2006. Of returns filed for 2007
in the administrative and support services sector (the
8 Under the Jobs and Growth Tax Relief Reconciliation Act of 2003 the maximum amount of section 179 deduction (the amount of depreciable property that can be
expensed for the cost of certain qualifying property) increased from $24,000 for 2002 to $100,000 for 2003, $102,000 for 2004, $105,000 for 2005, $108,000 for 2006,
and $125,000 for 2007. For all individual tax returns that filed Form 4562, Depreciation and Amortization, the section 179 property deducted as an expense increased
by 6.1 percent to $47.5 billion for 2007. The Jobs Creation and Worker Assistance Act of 2002 introduced 30-percent bonus depreciation, and the Jobs and Growth Tax
Relief Reconciliation Act of 2003 increased the bonus percentage to 50 percent, for property placed in service by January 1, 2005. While bonus depreciation was available to sole proprietors, it was generally not as advantageous as immediate expensing and therefore likely had less effect on their depreciation deductions.
9 The amount deducted as section 179 property on returns with Schedule C dropped slightly (by 1.3 percent) to $21.2 billion, from 2006 to 2007. This number does not
reflect depreciation solely deducted on Schedule C as it could also include depreciation taken on Schedule E, Supplemental Income and Loss, Schedule F, Profit or Loss
from Farming, and Form 4835, Farm Rental Income and Expenses.
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure F
All Nonfarm Sole Proprietorship Returns and Those with Schedule C-EZ, by Selected Industrial Sectors, Tax Year 2007
[Number of returns is in thousands—money amounts are in millions of dollars]
Industrial sector
All nonfarm industries
Construction
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Finance and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Administrative and support and waste
management and remediation services
Health care and social assistance
Arts, entertainment, and recreation
Other services
All other industries
Total
Number of returns
Percentage
With
of
Schedule
total
C-EZ
Total business receipts
Percentage
On
of
Total
Schedule
total
C-EZ
Total business deductions [1]
On
Percentage
Total
Schedule
of
C-EZ
total
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
23,122.7
2,931.1
340.4
2,436.3
1,154.8
726.0
1,393.4
3,234.5
4,399.5
470.8
41.7
246.7
159.4
91.7
107.6
534.9
19.0
16.1
12.3
10.1
13.8
12.6
7.7
16.5
1,324,403.1
230,835.1
50,447.2
198,881.1
82,138.4
93,984.4
70,954.8
169,272.7
31,215.2
3,626.9
319.1
1,225.3
1,353.8
793.1
1,078.8
5,144.9
2.4
1.6
0.6
0.6
1.6
0.8
1.5
3.0
1,044,343.4
195,237.8
45,646.3
189,472.4
71,219.2
73,827.1
48,684.6
97,752.0
3,679.9
372.2
25.1
243.0
149.5
99.1
128.0
532.0
0.4
0.2
0.1
0.1
0.2
0.1
0.3
0.5
2,251.0
2,016.4
1,283.3
2,416.2
2,939.2
629.9
526.9
262.1
528.5
799.5
28.0
26.1
20.4
21.9
27.2
60,343.2
115,531.9
31,043.7
84,794.5
4,108.7
4,160.0
1,244.2
4,065.3
43,914.2
69,484.3
23,451.6
65,566.8
497.6
368.1
235.0
526.9
136,176.1
4,095.2
6.8
3.6
4.0
4.8
3.0
120,087.0
503.4
1.1
0.5
1.0
0.8
0.4
[1] Total business deductions are calculated before subtraction of nonallowable "passive" activity losses and any "passive loss" carryover from prior years.
NOTES: Certain smaller sole proprietorships could elect not to itemize business deductions by filing Schedule C-EZ, Net Profit From Business. See the text of this article for a full list of the requirements to be
eligible to file Schedule C-EZ. Detail may not add to totals because of rounding. Percentages were calculated before rounding.
largest filers of this schedule), taxpayers filed over
0.6 million Schedule C-EZ returns, or 28.0 percent of
the total for that sector.10 For 2007, business receipts
from Schedule C-EZ filers totaled $31.2 billion, or
2.4 percent of total business receipts reported. Business deductions reported on Schedule C-EZ returns
accounted for only 0.4 percent of total business deductions for all industries, or $3.7 billion of the total
$1,044.3 billion. Despite having the largest concentration of Schedule C-EZ filers, deductions reported
on Schedule C-EZ by the administrative and support
services sector accounted for only 1.1 percent of that
sector’s total business deductions.
percent, reported the highest dollar increase in profits
($4.6 billion) and the largest percentage increase in
profits (6.8 percent). A moderately smaller sector,
the health care and social assistance sector, reported
Figure G
Nonfarm Sole Proprietorship Profits, by Selected
Industrial Sectors, Tax Years 2006 and 2007
[Money amounts are in billions of dollars]
Net income less deficit (profits)
Industrial sector
2006
All nonfarm industries
Profits and Losses
For 2007, many of the largest principal industrial
sectors reported either modestly increased or decreased sole proprietorship profits (net income less
deficit). Figure B presents total profits for all industries (in both current and constant dollars) since
1988, while Figure G presents profits by industrial
sector for 2006 and 2007.11 Total profits increased
0.9 percent, from $278.0 billion for 2006 to $280.6
billion for 2007.
The professional, scientific, and technical services sector, which had the highest percentage of total
profits of all nonfarm sole proprietorships with 25.5
Construction
Specialty trade contractors
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Finance and insurance
Real estate and rental and leasing
Real estate
Professional, scientific, and technical services
Administrative and support and waste
management and remediation services
Health care and social assistance
Child day care services
Arts, entertainment, and recreation
Performing arts, spectator sports,
and related industries
Other services
Personal and laundry services
All other industries
2007
Percentage
increase
(3)
(1)
(2)
278.0
280.6
0.9
37.6
28.7
4.8
9.0
10.8
19.5
27.2
27.1
67.0
35.7
27.9
4.8
9.5
11.0
20.2
22.3
22.2
71.6
-5.1
-2.9
-0.7
5.4
1.4
3.4
-17.7
-18.1
6.8
16.2
16.5
1.7
44.5
4.0
7.1
46.1
4.6
7.6
3.5
15.2
6.2
6.0
7.3
22.5
18.0
11.3
16.2
19.2
12.7
16.2
6.8
12.3
-0.4
NOTES: Detail may not add to totals because of rounding. Percentage increases were
calculated before rounding.
10 Based on NAICS, the full name of the administrative and support services sector is administrative and support and waste management and remediation services sector.
The waste management and remediation services portion makes up a small percentage of the overall numbers reported under this classification, which are detailed in Table
1. 11 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.
11
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
the second largest dollar increase in profits for 2007
at $1.6 billion.
Interestingly, the real estate and rental and leasing sector, which reported the largest percentage
increase in profits for 2005 (19.4 percent), reported
the largest decrease in profits for 2006 with a drop
of 18.5 percent. This trend continued through 2007
with another massive decrease of 17.7 percent. The
industry has lost 33.0 percent of its profits in the
2-year period of 2006-2007. The only other sectors to show decreases in net profits for 2007 were
the construction and wholesale trade sectors, which
reported 5.1-percent and 0.7-percent decreases, respectively.
In constant dollars, total profits decreased 1.8
percent for 2007, marking a larger decline than the
0.4-percent decrease in 2006 (Figure B). Profits as
a percentage of business receipts also decreased for
2007. Figure H displays net income less deficits as
a percentage of business receipts for 1988 through
2007. In general, this percentage has increased
slightly from a low of 18.8 percent for 1988. Profits
as a percentage of business receipts have remained
between 20.7 percent and 22.1 percent over the last
16 years, peaking in 2005. In 2007, this percentage
dropped 0.5 percent down to its current 21.2 percent.
Figure E presents net income and deficit separately
for 1988 through 2007, in current and constant dollars. For 2007, net income (in constant dollars) decreased 0.2 percent, and net deficit (in constant dollars) increased by 8.9 percent.
Industries
Using receipts as a measure of business size, Figures
A and I show that construction was the largest sole
proprietorship industrial sector for 2007, with 17.4
percent of all business receipts (the fourth year in a
row that this sector was largest). Total receipts for
the construction sector, at $230.8 billion, were 2.4
percent lower than the $236.4 billion reported for
2006, while deductions decreased by 1.9 percent,
resulting in a 5.1-percent decrease in profits to $35.7
billion (see Figure G).
Besides construction, only one other major
sector, the real estate sector, experienced a decline
in business receipts for 2007. Despite the decline
Figure H
Nonfarm Sole Proprietorship Net Income Less Deficit (Profits) as a Percentage of Business
Receipts, Tax Years 1988-2007
Percent
23
22.0
21.9
22.1
22
21.4
21.5
21.7
21.5
21.0
20.9
21
21.7
21.4
21.1
20.7
21.2
21.0
21.0
19.9
20
19.4
19.2
19
18.8
18
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
12
Tax year
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
for both of these sectors, together they still represented 22.8 percent of all nonfarm industry business receipts.
The second largest industrial sector was retail
trade, with receipts totaling $198.9 billion. This
amount was 15.0 percent of all sole proprietorship
receipts for 2007, and it represented a 2.2-percent increase from the 2006 amount. Deductions and profits also increased in this sector by 2.0 percent and 5.4
percent, respectively. Retail trade profits totaled $9.5
billion for 2007.
The third largest sector was professional, scientific, and technical services, which accounted for
12.8 percent of sole proprietorship receipts for 2007.
Receipts increased 8.5 percent to $169.3 billion, and
deductions increased 9.7 percent to $97.8 billion. Although this sector was just the third largest in terms
of business receipts, the professional, scientific, and
technical services sector had the largest percentage
of sole proprietorship profits, with 25.5 percent (see
Figure J). For 2007, the professional, scientific, and
technical services sector’s profits went from $67.0
billion to $71.6 billion, a 6.8-percent increase from
2006. The sector with the second largest profits was
health care and social assistance. These profits rose
to $46.1 billion for 2007, a 3.5-percent increase from
2006, and represented 16.4 percent of all sole proprietorship profits. This was followed by construction
(12.7 percent, as cited above) and real estate and
rental and leasing (8.0 percent) in terms of overall
sole proprietor profits.
Tax Year 2001 is the first year in which data
became available on the number of Limited Liability Companies (LLCs) among sole proprietorship
returns. LLCs have the limited liability of corporations but may be taxed as sole proprietorships—income and expenses flow through to the owner to
be taxed—if they are owned by a single, individual
Figure I
Nonfarm Sole Proprietorship Total Business Receipts, by Selected Industrial Sectors,
Tax Year 2007
Arts, entertainment, and recreation
2.3
Wholesale trade (merchant wholesalers)
3.8
Administrative and support and waste management and
remediation services
4.6
Real estate and rental and leasing
5.4
Transportation and warehousing
6.2
Other services
6.4
Finance and insurance
7.1
Health care and social assistance
8.7
All other industries
10.3
Professional, scientific, and technical services
12.8
Retail trade
15.0
Construction
17.4
0
5
10
15
20
Percentage of total
NOTES: Percentages are based on estimated total business receipts of $1.3 trillion. Detail may not add to 100 percent because of rounding.
13
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
member. In 2001, there were approximately 126,000
sole proprietorship returns that indicated status as an
LLC (Figure K). This increased by 15.3 percent for
2002, 51.3 percent for 2003, 40.4 percent for 2004,
47.2 percent for 2005, and 33.2 percent for 2006.
Increases in the actual number of LLCs also help
illustrate the trend over the last few years. The count
of LLCs increased by approximately 146,000 from
2004-2005, 151, 000 from 2005-2006, and 140,000
from 2006-2007. For Tax Year 2007, the number
of these sole proprietorships rose to approximately
750,000, a 23.1-percent increase from 2006. The
2007 level of LLCs among sole proprietorship returns accounts for 3.2 percent of total nonfarm sole
proprietorships, with the total number of returns with
LLCs having increased nearly sixfold since 2001.
percent to a level of $280.6 billion. In constant
dollars, total nonfarm sole proprietorship profits
decreased 1.8 percent, after decreasing 0.4 percent
in 2006. This was the first time since before 1988
that profits (in constant dollars) have decreased in
2 consecutive years.
The professional, scientific, and technical services sector had the largest profits of any sector at
$71.6 billion, representing 25.5 percent of total sole
proprietorship profits, followed by the health care
and social assistance sector at $46.1 billion, or 16.4
percent of total profits. For all sole proprietorships,
receipts and deductions increased 3.6 percent and 4.3
percent, respectively.
The largest sole proprietorship industrial sector, based on business receipts, was the construction
sector, accounting for 17.4 percent of receipts. This
sector reported a 2.4-percent decrease in 2007. The
finance and insurance sector showed the largest percentage increase in both receipts and deductions,
Summary
Profits for the 23.1 million returns with sole proprietorship activity for Tax Year 2007 grew by 0.9
Figure J
Nonfarm Sole Proprietorship Total Business Profits, by Selected Industrial Sectors,
Tax Year 2007
Wholesale trade (merchant wholesalers)
1.7
Arts, entertainment, and recreation
2.7
Retail trade
3.4
Transportation and warehousing
3.9
All other industries
5.8
Administrative and support and waste management
and remediation services
5.9
Other services
6.9
Finance and insurance
7.2
Real estate and rental and leasing
8.0
Construction
12.7
Health care and social assistance
16.4
Professional, scientific, and technical services
25.5
0
5
10
15
20
25
30
Percent of total
14
NOTES: Percentages are based on estimated total business profits of $280.6 billion. Detail may not add to 100 percent because of rounding.
"Profits" is a designation for "net income less deficit," shown elsewhere in this article.
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Figure K
Number of Nonfarm Sole Proprietorships Registered as Limited Liability
Companies (LLCs), Tax Years 2001-2007
Tax year
2007
746,885
2006
606,889
2005
455,734
2004
309,665
2003
220,615
2002
145,839
2001
126,437
126 437
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Number of returns with LLCs
reporting a 14.1-percent increase in receipts and
a 17.3-percent increase in deductions. Filings of
Schedules C-EZ increased 9.2 percent in 2007, more
than double the 4.0-percent increase for 2006.
The industrial sector experiencing the most significant downturn in both profits and receipts from Tax
Years 2006 to 2007 was the real estate and rental and
leasing sector. After reporting the largest percentage
decline in profits in 2006 at 18.5 percent, the real estate and rental and leasing sector continued this trend
by reporting a 17.7-percent drop in profits for 2007.
Likewise, this sector reported the biggest decrease
in business receipts for both 2006 and 2007, with declines of 6.9 percent and 8.0 percent, respectively.
Data Sources and Limitations
The 2007 sole proprietorship estimates are based
on a stratified probability sample of unaudited
individual income tax returns, Form 1040 (including electronically filed returns), processed by the
Internal Revenue Service during Calendar Year
2008. 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.
15
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
must be known. Coefficients of variation (CVs) are
used to measure that magnitude. Figure L presents
estimated CVs for the number of returns and money
amounts for selected items and industrial sectors.
Generally, the smaller the CV, the more reliable the
estimate is judged to be. SOI Sampling Methodology and Data Limitation in this issue of the Bulletin
discusses the reliability of estimates based on samples, and the use of CVs for evaluating the precision
of estimates based on samples.
Returns were selected at rates that ranged from
0.1 percent to 100 percent. The 2007 nonfarm sole
proprietorship data are based on a sample of 90,983
returns and a population of 23,516,241 returns.12
The corresponding sample and population for 2006
data were 88,619 and 22,407,707, respectively.
Since the data 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
Figure L
Nonfarm Sole Proprietorships: Coefficients of Variation for Selected Items, by Selected Industrial Sectors, Tax
Year 2007
[Coefficients of variation are in percentages]
Coefficients of variation
Industrial sector
All nonfarm industries
Construction
Specialty trade contractors
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Finance and insurance
Real estate and rental and leasing
Real estate
Professional, scientific, and technical services
Administrative and support and waste management and
remediation services
Health care and social assistance
Child day care services
Arts, entertainment, and recreation
Performing arts, spectator sports, and related industries
Other services
Personal and laundry services
All other industries
Total business
receipts
Total business
deductions
Depreciation [1]
Net income
Deficit
(1)
(2)
(3)
(4)
(5)
0.53
0.60
1.21
0.75
1.33
1.88
1.98
3.37
2.24
4.78
2.23
2.37
3.94
2.53
6.21
4.44
4.55
9.30
6.54
10.68
2.04
2.03
4.01
3.45
3.69
2.59
2.66
3.99
3.46
6.01
1.90
1.75
7.39
3.83
5.84
2.57
2.81
4.68
3.15
4.30
2.63
2.91
4.95
3.21
4.57
1.69
1.96
3.55
1.96
3.99
2.88
3.34
5.44
2.85
5.84
1.86
2.01
3.96
2.23
7.63
4.53
5.84
14.17
4.30
13.68
3.20
3.15
5.28
4.43
5.09
3.65
3.59
6.26
4.76
5.84
2.55
2.82
4.50
2.82
5.29
3.05
3.39
6.11
3.52
6.91
2.10
2.16
3.19
2.83
3.32
[1] Excludes depreciation claimed on Form 8829, Expenses for Business Use of Your Home .
16
12 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.
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
All nonfarm industries
Agriculture, forestry, hunting, and fishing
Animal production (including breeding of cats and dogs)
Forestry and logging (including forest nurseries, timber
tracts)
Number
of returns
Business
receipts
(1)
(2)
23,122,698 1,324,403,080
Rent paid
on
Rent paid
Depreciation
Interest paid
machinery
on other
deduction
deduction Payroll [1,4]
and
business
[1,2]
[1,3]
equipment property [1]
[1]
(3)
41,085,109
(4)
(5)
(6)
(7)
Net income
less deficit
(8)
9,526,481 33,613,237 15,017,165 113,894,900 280,557,010
301,280
17,747,925
1,662,460
127,994
213,486
315,084
1,726,477
668,372
53,941
1,766,020
270,803
5,606
13,411
26,253
57,392
-547,398
51,332
5,208,334
566,723
51,690
18,634
100,394
514,050
303,534
Fishing
Hunting and trapping
63,216
10,480
2,334,905
380,277
287,494
47,407
24,762
* 400
29,888
19,428
47,527
13,913
58,929
43,509
409,418
20,558
Support activities for agriculture and forestry
122,312
8,058,389
490,033
45,536
132,124
126,997
1,052,598
482,260
126,578
104,284
408
* 1,028
3,487
17,371
12,534,266
9,632,432
71,712
* 1,432
920,554
1,908,136
932,584
693,784
* 2,431
* 465
89,650
146,254
39,597
16,421
* 178
*6
12,879
10,113
46,426
34,410
* 52
* 64
* 1,377
10,522
191,470
133,658
* 1,420
0
36,448
19,944
621,265
294,329
* 22,837
* 853
98,463
204,784
1,624,615
1,119,626
5,079
* -3,125
59,401
443,634
Mining
Oil and gas extraction
Coal mining
Metal ore mining
Nonmetallic mineral mining and quarrying
Support activities for mining
Utilities
10,131
565,214
43,026
3,422
* 1,251
* 2,898
* 48,030
39,999
2,931,110
423,433
83,005
77,303
2,347,369
230,835,068
50,209,133
10,828,766
10,069,553
159,727,616
7,405,931
1,031,201
259,869
551,879
5,562,981
1,430,225
204,865
103,428
82,850
1,039,082
1,605,321
227,167
63,135
43,512
1,271,506
2,229,835
638,433
122,482
311,450
1,157,471
28,245,886
5,314,015
1,299,384
778,191
20,854,295
35,667,000
5,823,813
1,160,688
827,809
27,854,691
Manufacturing
Food manufacturing
Textile and textile product mills
Apparel
Leather and allied products
Wood products
Paper products
Printing and related support activities
Petroleum and coal products
Chemical manufacturing
Plastics, rubber, clay, refractory, and glass products
Nonmetallic mineral products
Primary metal industries
Fabricated metal products
Machinery
Computer and electronic products
Electrical equipment, appliances, and components
Transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing
362,390
44,984
7,690
28,809
* 3,084
35,852
* 1,060
34,903
390
8,802
15,217
4,392
5,141
28,120
24,113
9,846
7,097
8,630
22,074
11,759
60,426
29,248,316
3,864,513
407,370
1,287,983
* 46,456
2,692,662
* 47,083
2,704,692
38,627
591,406
781,386
769,424
642,314
4,070,630
3,299,982
165,642
633,672
952,524
2,028,453
885,652
3,337,846
1,213,735
112,566
15,916
39,265
* 445
148,899
* 611
114,102
* 3,153
19,820
11,072
37,771
48,738
204,476
223,568
9,878
4,399
18,165
62,683
13,471
124,736
168,357
25,687
* 3,174
4,904
0
25,703
* 518
16,086
0
2,354
* 3,215
* 2,944
* 749
26,072
6,415
0
* 6,536
* 15,357
8,524
* 1,245
18,873
961,775
85,316
15,815
63,083
* 21
48,184
* 341
154,754
*2
11,265
52,301
* 9,697
* 29,924
148,710
95,576
* 3,430
9,013
45,949
81,827
18,383
88,185
382,243
55,148
* 3,562
4,700
*9
37,072
* 1,089
49,923
* 2,407
16,397
7,264
7,410
* 12,840
45,089
44,372
* 612
3,491
18,982
20,372
8,148
43,355
3,647,550
363,340
* 70,389
189,457
* 5,067
355,833
* 4,460
323,061
* 2,142
103,303
76,914
106,278
* 115,022
616,886
368,142
* 5,105
72,354
183,614
233,490
34,415
418,278
3,031,757
73,829
-15,707
86,798
* 13,944
269,548
* -3,163
321,191
-1,296
51,638
104,589
66,711
133,096
481,095
506,170
4,338
74,534
4,100
374,546
140,275
345,524
Wholesale trade (merchant wholesalers)
Durable goods, including machinery, wood, metals, etc.
Nondurable goods, including food, fiber, chemicals, etc.
Wholesale electronic markets and agents and brokers
340,373
153,562
114,362
72,449
50,447,175
22,090,048
21,346,578
7,010,549
619,130
348,161
221,361
49,608
180,906
122,407
38,791
19,709
721,017
378,813
245,195
97,010
424,760
211,444
181,620
31,695
1,838,745
949,175
678,117
211,453
4,815,862
1,966,219
1,608,303
1,241,340
Construction
Residential building construction
Nonresidential building construction
Heavy and civil engineering construction
Specialty trade contractors
Footnotes at end of table.
17
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
Number
of returns
Business
receipts
(1)
(2)
(3)
2,436,291
145,975
48,991
35,679
198,881,138
41,039,684
5,179,294
4,053,726
2,781,246
371,653
63,989
90,996
51,802
82,127
145,056
18,245
140,659
110,577
28,886
570,299
1,057,997
8,805,474
26,901,682
8,884,316
25,622,478
10,622,326
7,325,799
2,969,973
33,568,539
23,907,848
Transportation and warehousing
Air and rail transportation
Water transportation
General freight trucking, local
General freight trucking, long distance and specialized
freight trucking
Urban transit
Interurban and rural bus transportation
Taxi and limousine service
School, employee, and charter bus industry
Other transit and ground passenger transportation
Pipeline transportation
Scenic and sightseeing transportation
pp activities for transportation
p
((including
g motor
Support
vehicle towing)
Couriers and messengers
Warehousing and storage facilities
1,154,819
12,672
6,840
241,130
(6)
(7)
(8)
687,456
36,270
32,369
20,273
6,140,304
564,151
318,225
149,007
2,117,264
462,911
72,841
62,281
11,336,292
1,781,794
431,513
408,172
9,493,005
1,142,983
292,420
160,183
187,740
242,563
107,100
186,311
160,874
142,166
73,156
574,216
580,481
28,685
106,478
78,512
36,983
85,110
8,302
20,644
167,279
66,551
102,268
780,588
273,327
300,219
919,302
399,846
152,046
1,741,870
439,455
147,466
209,733
75,292
199,481
115,986
82,060
45,245
436,145
207,823
854,033
1,789,644
535,297
1,101,956
717,193
436,105
167,108
2,312,494
800,983
663,491
833,826
715,129
183,671
488,313
48,541
53,049
2,867,432
2,043,966
82,138,420
1,654,862
541,453
20,571,116
5,767,718
374,397
98,796
1,575,578
2,211,303
13,005
* 2,948
383,866
539,256
23,055
11,741
107,866
1,211,633
109,656
24,791
315,549
5,210,337
64,926
33,741
1,809,311
10,963,923
-102,235
131,405
2,731,105
401,096
0
6,933
165,333
19,583
22,932
* 658
11,945
42,181,814
0
46,014
4,995,671
884,658
522,454
* 75,754
290,148
3,000,386
0
* 3,053
166,756
56,254
22,935
* 23,006
66,858
1,063,719
0
0
554,426
* 23,293
* 610
0
* 7,376
174,809
0
0
75,891
3,715
* 4,513
0
16,768
558,448
0
*9
72,160
33,676
* 5,144
* 1,181
10,122
2,198,411
0
* 161
171,307
64,580
* 53,621
* 228
13,043
4,655,023
0
19,131
1,293,614
197,161
50,994
* -19,872
-28,030
50,663
211,571
3,464
3,469,136
6,492,314
413,027
254,133
105,803
19,763
68,963
87,947
5,151
51,881
27,044
41,975
44,965
15,771
20,163
385,650
380,019
35,340
411,338
1,559,154
65,136
Information
Publishing industries (except Internet)
Motion picture and sound recording
Broadcasting (except Internet) and telecommunications
Internet publishing and broadcasting
Internet service providers, Web search portals, and data
processing
351,710
74,591
107,185
43,023
9,242
10,208,162
2,191,455
3,124,813
2,184,904
238,069
391,134
36,955
231,978
63,208
6,846
114,680
7,277
39,651
47,505
* 629
260,729
52,075
96,848
58,871
20,649
95,930
19,526
37,262
27,720
* 682
678,387
248,215
156,812
157,168
* 22,286
2,562,634
521,802
648,122
377,497
20,248
117,669
2,468,921
52,148
19,618
32,285
10,740
93,906
994,965
Finance and insurance
Credit intermediation and related activities
Securities, commodity contracts, and other financial
investments
Investment bankers and securities dealers
Securities brokers
Commodity contracts brokers and dealers
Securities and commodity exchanges
Other financial investment activities (investment advice)
Insurance agents, brokers, and related activities
Insurance agencies and brokerages
Other insurance-related activities
726,002
102,497
93,984,377
4,910,013
996,691
138,877
252,981
40,286
1,459,668
122,407
757,552
84,112
4,724,618
378,278
20,173,777
1,054,445
181,676
5,320
16,657
4,709
1,409
153,579
441,829
328,276
113,553
58,505,410
2,089,698
4,050,726
793,477
688,440
50,883,069
30,568,954
26,335,688
4,233,266
278,246
7,009
25,755
7,092
933
237,457
579,567
497,399
82,169
82,269
4,383
18,431
2,715
0
56,741
130,426
114,645
15,781
452,478
22,260
40,495
27,667
* 430
361,625
884,783
820,280
64,503
418,220
20,399
21,140
7,729
29,879
339,072
255,220
211,590
43,630
1,747,955
43,438
162,705
86,105
* 2,579
1,453,127
2,598,385
2,440,604
157,781
6,995,452
364,208
857,082
14,460
-57,276
5,816,977
12,123,880
10,314,637
1,809,243
Footnotes at end of table.
(4)
Net income
less deficit
(5)
Retail trade
Motor vehicle and parts dealers
Furniture and home furnishing stores
Electronic and appliance stores
Building material and garden equipment and supplies
dealers
Food and beverage stores
Health and personal care stores
Gasoline stations
Clothing and accessories stores
Sporting goods, hobby, book, and music stores
General merchandise stores
Miscellaneous store retailers
Nonstore retailers
18
Rent paid
Rent paid
on
Interest paid
Depreciation
on other
machinery
deduction Payroll [1,4]
deduction
business
and
[1,3]
[1,2]
equipment property [1]
[1]
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
Number
of returns
(1)
Real estate and rental and leasing
Real estate
Lessors of real estate (including miniwarehouses
and self storage)
Offices of real estate agents, brokers, property
managers, and appraisers
Other activities related to real estate
Rental and leasing services
Automotive equipment rental and leasing
Consumer electronics and appliances rental
Formal wear and costume rental
Videotape and disc rental
General rental centers and other consumer goods
rental
Commercial and industrial machinery and
equipment rental and leasing
Professional, scientific, and technical services
Legal services
Offices of certified public accountants
Other accounting services
Architectural, engineering, and related services
Architectural services
Engineering services
Drafting, building inspections, and geophysical
surveying
Surveying and mapping (except geophysical)
services
Testing laboratories
Specialized design services
Computer systems design services
Other professional, scientific, and technical services
Management, scientific, and technical consulting
services
Scientific research and development services
Advertising and related services
Market research and public opinion polling
Other miscellaneous services
Administrative and support and waste
management and remediation services
Administrative and support services
Waste management and remediation services
Educational services
Business
receipts
(2)
Rent paid
Rent paid
on
Depreciation
Interest paid
on other
machinery
deduction
deduction Payroll [1,4]
and
business
[1,2]
[1,3]
equipment property [1]
[1]
(3)
(4)
Net income
less deficit
(5)
(6)
(7)
(8)
1,393,424
1,336,767
70,954,832
66,927,293
2,862,096
1,805,994
516,272
460,539
1,250,986
1,149,118
1,692,992
1,487,742
2,388,076
2,019,008
22,335,602
22,158,626
39,944
1,341,797
183,204
9,692
14,080
363,623
62,989
-127,456
1,056,026
240,797
56,656
17,698
* 10
* 79
3,538
49,007,711
16,577,785
4,027,538
652,711
* 12,259
* 47,509
544,107
1,193,908
428,882
1,056,102
220,005
* 6,849
* 2,221
* 16,806
389,439
61,408
55,732
3,796
*5
0
* 426
877,832
257,206
101,868
11,467
* 70
* 3,900
42,205
614,867
509,252
205,250
36,100
* 1,794
* 268
* 7,084
1,291,147
664,872
369,068
23,115
* 1,366
* 8,554
* 75,522
19,671,820
2,614,262
176,975
26,582
* -2,023
* 2,474
52,956
15,820
959,760
164,767
12,873
28,799
24,445
126,814
84,761
19,512
1,811,193
645,454
38,631
15,426
135,560
133,697
12,225
3,234,542
363,321
46,084
330,229
275,602
99,885
97,556
169,272,699
38,716,955
4,203,407
8,210,291
16,193,715
7,741,906
5,798,047
4,301,618
501,614
80,506
238,345
557,303
255,464
190,579
916,230
214,968
34,806
51,089
80,045
44,213
29,664
3,929,938
1,734,106
169,264
260,422
248,713
149,745
68,782
1,137,409
255,263
53,004
109,697
86,955
42,606
29,972
12,758,206
4,253,225
630,407
842,598
1,919,886
1,150,884
545,117
71,608,966
16,676,401
1,841,417
3,117,258
5,682,629
1,924,217
2,467,909
60,757
1,696,841
70,426
1,703
* 13,918
9,175
74,195
899,800
13,342
4,062
241 885
241,885
254,014
1,723,407
767,444
189,477
9 336 822
9,336,822
9,986,914
82,624,594
35,188
* 5,646
240 449
240,449
281,266
2,402,135
* 4,458
*7
39 045
39,045
70,500
425,776
12,656
* 3,611
193 636
193,636
117,678
1,206,119
3,312
* 1,889
74 628
74,628
49,033
508,829
126,125
* 23,565
459 496
459,496
662,278
3,990,315
331,877
58,826
2 112 466
2,112,466
4,424,493
37,754,303
951,886
34,241
120,617
38,676
577,987
46,147,399
1,952,860
7,163,497
1,133,673
26,227,165
1,122,019
76,001
183,550
15,502
1,005,062
224,038
7,204
33,691
3,784
157,060
503,884
34,015
102,311
17,971
547,939
262,494
20,803
31,200
* 4,938
189,395
1,487,592
155,479
261,565
51,557
2,034,122
25,573,080
580,242
2,039,822
404,539
9,156,620
2,251,002
2,224,802
60,343,203
58,044,464
2,510,007
2,279,068
574,509
551,101
735,747
711,980
536,144
496,152
6,782,100
6,605,914
16,485,611
16,239,510
26,200
2,298,739
230,939
23,408
23,767
39,992
176,186
246,101
596,859
9,074,803
257,360
61,148
495,539
70,348
381,509
2,879,254
Footnotes at end of table.
19
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
Business
receipts
(1)
(2)
(3)
(5)
(6)
(7)
(8)
115,531,863
2,854,845
618,363
4,996,625
1,291,848
16,543,623
46,056,668
Ambulatory health care services
Offices of physicians (except mental health
specialists)
Offices of physicians, mental health specialists
Offices of dentists
Offices of chiropractors
Offices of optometrists
Offices of mental health practitioners and social
therapists
Offices of podiatrists
Outpatient care centers and other miscellaneous
health practitioners
Medical and diagnostic laboratories
Home health care services
Other ambulatory health care services (including
ambulance services, blood and organ banks)
Hospitals
Nursing and residential care facilities
Social assistance
Child day care services
997,226
95,393,542
2,214,124
524,328
4,459,344
866,957
14,193,024
39,676,719
194,531
31,439
93,114
37,789
18,985
33,463,588
2,981,198
29,798,435
4,655,464
3,345,930
618,214
48,205
950,066
108,285
80,990
201,483
19,528
113,182
41,793
33,716
1,359,942
180,032
1,160,022
420,194
179,463
199,914
19,771
377,224
71,635
24,780
4,374,658
163,007
6,484,255
520,633
563,241
15,722,884
1,772,180
10,300,714
1,728,493
921,544
174,713
6,388
8,392,904
1,006,518
146,918
16,668
30,720
3,518
593,835
123,725
23,958
9,052
585,816
125,890
4,482,638
326,184
156,836
31,782
224,827
5,023,852
1,462,086
4,238,804
130,086
43,149
55,258
30,138
7,190
33,194
259,546
63,671
92,636
50,000
17,374
66,102
300,066
209,568
716,584
2,149,463
404,558
1,535,676
26,822
8,834
57,491
154,984
797,883
1,024,763
469,307
4,127,048
3,082,088
12,459,877
16,285
5,567
153,476
67,590
414,088
9,866
* 1,601
21,373
18,262
52,799
26,279
* 5,585
190,345
120,899
220,452
7,146
* 1,759
209,900
25,149
188,083
149,307
* 69,898
1,085,036
273,805
921,860
332,386
253,826
371,110
1,171,489
4,583,523
Arts, entertainment, and recreation
Performing arts, spectator sports, and related industries
Museums, historical sites, and similar institutions
Amusement, gambling, and recreation industries
1,283,267
1,068,030
3,401
211,836
31,043,663
23,926,664
29,469
7,087,530
1,588,587
1,231,566
* 282
356,739
224,842
132,997
* 143
91,702
1,139,292
580,819
* 225
558,248
331,542
183,732
* 167
147,644
1,609,655
876,827
* 234
732,593
7,562,358
7,340,857
23,171
198,330
Accommodation, food services, and drinking places
Accommodation
Travel accommodation (including hotels, motels, and
bed and breakfast inns)
RV (recreational vehicle) parks and recreational camps
Rooming and boarding houses
Food services and drinking places
411,451
50,553
47,792,244
5,516,079
1,813,463
598,140
408,024
17,076
3,258,012
155,042
1,150,463
617,328
8,035,918
789,234
1,239,437
-52,004
30,966
10,702
8,885
360,898
4,503,414
500,436
512,229
42,276,165
505,662
45,992
46,486
1,215,323
13,378
1,364
* 2,334
390,948
146,340
6,229
* 2,474
3,102,969
502,683
48,294
66,351
533,135
686,247
34,995
67,992
7,246,684
-36,987
6,860
-21,877
1,291,441
2,416,229
396,524
84,794,547
24,233,685
2,892,189
989,561
922,868
229,664
5,758,461
905,917
1,012,666
395,938
7,142,197
2,591,723
19,243,943
2,953,965
201,736
94,635
11,649,833
7,575,242
450,056
255,628
75,341
97,920
389,114
286,129
183,876
85,167
1,097,619
964,249
1,445,041
994,323
100,154
436,413
1,583,292
5,008,610
16,990,817
43,570,044
283,877
613,349
1,289,279
56,403
99,824
593,380
230,675
370,432
4,482,112
126,895
213,203
403,525
529,855
1,242,831
3,307,644
514,601
3,545,184
12,744,795
Other services
Auto repair and maintenance
Automotive mechanical and electrical repair and
maintenance
Automotive body shops
Other auto repair and maintenance (including oil
change, lubrication, and car washes)
Miscellaneous repairs
Personal and laundry services
Religious, grantmaking, civic, professional and similar
organizations
Unclassified establishments
Footnotes at end of table.
(4)
Net income
less deficit
2,016,418
Health care and social assistance
20
Number
of returns
Rent paid
Rent paid
on
Interest paid
Depreciation
on other
machinery
deduction Payroll [1,4]
deduction
business
and
[1,3]
[1,2]
equipment property [1]
[1]
251,516
3,521,657
51,295
8,975
19,248
11,575
25,500
1,752,897
527,305
5,483,508
139,996
58,330
80,157
53,508
150,530
2,351,330
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
All nonfarm industries
Agriculture, forestry, hunting, and fishing
Animal production (including breeding of cats and dogs)
Number
of returns
Business
receipts
Rent paid
Rent paid
on
Interest
on other
Depreciation machinery
paid
deduction [1,2]
and
business deduction
equipment property [1]
[1,3]
[1]
(9)
(10)
(11)
16,928,788
1,108,966,537
27,041,714
166,008
16,462
13,760,063
1,125,624
866,618
81,322
(12)
(13)
(14)
7,211,095 25,186,283 8,405,107
102,737
* 4,144
86,920
6,650
Payroll [1,4] Net income
(15)
(16)
91,674,116 335,098,968
167,968
11,207
1,460,361
35,521
2,633,207
181,712
Forestry and logging (including forest nurseries, timber
tracts)
31,497
4,225,932
371,471
47,166
14,024
57,294
414,246
583,592
Fishing
37,832
1,955,315
134,381
17,879
19,550
21,972
52,898
717,764
Hunting and trapping
Support activities for agriculture and forestry
4,846
75,371
238,520
6,214,672
* 13,250
266,194
*3
33,545
* 17,484
29,212
* 1,963
75,533
* 40,259
917,437
60,262
1,089,877
95,112
78,895
* 261
0
2,130
13,826
9,895,176
7,545,881
* 62,270
0
777,948
1,509,078
613,709
445,536
* 1,716
0
66,633
99,824
22,442
14,436
* 178
0
* 2,270
5,558
33,414
24,558
* 52
0
* 940
7,865
97,849
67,347
* 220
0
17,933
12,349
466,770
228,722
* 22,837
0
76,137
139,075
2,811,035
2,216,323
* 5,864
0
97,838
491,010
* 105
* 443
* 9,996
100,720
1,211,961 1,314,530
171,112
305,629
37,623
82,951
26,525
113,541
976,700
812,409
23,877,310
4,380,461
1,137,004
501,475
17,858,370
41,318,313
7,219,827
1,428,246
1,516,443
31,153,797
4,461,145
344,521
45,094
222,020
* 18,916
356,670
* 2,538
440,485
2,612
93,378
137,825
102,711
136,912
599,544
537,083
49,378
99,764
98,655
421,499
188,539
563,000
Mining
Oil and gas extraction
Coal mining
Metal ore mining
Nonmetallic mineral mining and quarrying
Support activities for mining
Utilities
8,067
406,924
16,192
* 2,316
2,434,150
353,370
68,416
53,045
1,959,319
200,697,261
41,215,012
9,120,021
7,152,437
143,209,791
5,698,904
813,282
197,636
366,925
4,321,061
1,111,543
130,280
55,383
67,420
858,460
Manufacturing
Food manufacturing
Textile and textile product mills
Apparel
Leather and allied products
Wood products
Paper products
Printing and related support activities
Petroleum and coal products
Chemical manufacturing
Plastics, rubber, clay, refractory, and glass products
Nonmetallic mineral products
Primary metal industries
Fabricated metal products
Machinery
Computer and electronic products
Electrical equipment, appliances, and components
Transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing
217,718
27,381
5,050
16,445
* 3,001
22,680
* 55
22,192
349
4,420
8,402
3,328
3,849
20,513
18,467
3,768
5,491
3,603
15,754
6,889
26,080
23,656,129
3,153,371
352,856
1,071,138
* 20,120
2,373,021
* 2,565
2,047,637
16,857
392,804
544,246
694,533
641,736
3,188,039
2,832,280
155,431
418,018
864,534
1,788,714
577,383
2,520,847
789,877
58,231
* 13,373
15,937
* 81
105,154
0
75,479
* 166
10,991
6,571
22,298
* 48,142
105,350
163,244
* 2,161
2,726
11,463
56,557
10,211
81,742
127,619
12,323
* 2,508
* 4,878
0
21,403
0
15,333
0
* 1,460
* 3,208
* 2,747
* 749
18,493
5,961
0
* 1,192
* 15,353
8,507
* 973
12,530
Wholesale trade (merchant wholesalers)
Construction
Residential building construction
Nonresidential building construction
Heavy and civil engineering construction
Specialty trade contractors
665,372
61,389
* 11,138
49,121
0
38,423
0
112,212
0
* 5,971
* 33,722
* 4,484
* 29,780
90,801
54,983
* 3,295
* 6,814
29,812
73,380
* 14,694
45,353
240,066
27,781
* 2,879
* 4,522
0
19,580
0
31,441
* 66
* 8,535
* 4,417
4,324
* 12,840
23,815
38,294
* 78
* 2,946
* 16,779
14,496
* 763
26,509
2,770,941
249,601
* 55,082
186,791
0
322,228
0
247,982
* 50
63,938
* 43,424
* 92,231
* 115,022
379,382
339,853
* 4,165
* 29,419
157,927
186,913
* 7,297
289,635
225,451
43,189,528
460,486
149,952
567,335
247,733
1,416,214
6,009,042
Durable goods, including machinery, wood, metals, etc.
Nondurable goods, including food, fiber, chemicals, etc.
95,727
79,854
19,034,920
18,250,589
256,951
168,936
100,322
34,497
297,654
189,187
95,608
135,758
739,791
527,211
2,492,538
2,094,787
Wholesale electronic markets and agents and brokers
49,870
5,904,019
34,599
15,133
80,494
16,367
149,212
1,421,717
Footnotes at end of table.
21
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
Number
of returns
Business
receipts
(9)
(10)
Retail trade
Motor vehicle and parts dealers
Furniture and home furnishing stores
Electronic and appliance stores
Building material and garden equipment and supplies
dealers
Food and beverage stores
Health and personal care stores
Gasoline stations
Clothing and accessories stores
Sporting goods, hobby, book, and music stores
General merchandise stores
Miscellaneous store retailers
Nonstore retailers
1,267,199
99,584
30,445
21,685
Transportation and warehousing
Air and rail transportation
Water transportation
General freight trucking, local
General freight trucking, long distance and specialized
freight trucking
Urban transit
Interurban and rural bus transportation
Taxi and limousine service
School, employee, and charter bus industry
Other transit and ground passenger transportation
Pipeline transportation
Scenic and sightseeing transportation
pp activities for transportation
p
(
g motor
Support
(including
vehicle towing)
Couriers and messengers
Warehousing and storage facilities
(11)
(12)
155,918,883
31,179,343
3,785,404
3,172,697
1,602,453
217,359
36,996
60,473
426,059
21,760
16,313
10,876
33,506
57,960
60,487
12,283
78,459
45,880
16,748
322,913
487,248
7,425,178
22,600,203
7,895,494
18,274,250
8,458,131
4,839,994
2,473,905
26,519,335
19,294,949
132,886
149,636
65,076
116,392
75,607
61,135
25,070
338,988
322,837
931,017
8,987
5,140
192,327
67,266,486
1,059,025
426,465
16,424,743
322,988
0
* 4,963
146,455
17,495
** 14,250
**
5,760
(13)
(14)
Payroll [1,4] Net income
(15)
(16)
4,100,576 1,198,070
379,878
268,025
179,745
54,545
75,644
43,570
8,209,539
1,176,757
324,841
305,042
17,883,396
1,998,862
525,237
360,288
22,113
100,135
60,257
22,646
40,167
2,155
18,456
65,567
45,616
82,775
618,658
225,477
224,359
640,584
200,354
120,464
1,051,980
300,659
110,206
129,887
60,559
102,107
64,899
30,165
26,386
218,073
89,648
678,571
1,358,307
447,085
769,318
513,197
240,788
118,769
1,629,445
647,418
828,515
1,326,676
1,170,397
400,038
1,122,003
577,132
263,673
4,691,208
4,619,366
3,669,485
27,028
42,399
1,054,436
1,759,229
2,159
* 2,849
324,804
408,006
8,451
* 180
79,201
731,878
10,107
* 5,355
171,501
3,791,015
21,456
* 13,192
1,235,228
13,663,909
333,653
211,584
3,286,407
34,605,893
0
* 40,273
4,524,955
781,706
** 350,459
**
141,416
2,136,025
0
* 2,244
114,915
43,664
** 12,584
**
* 9,224
787,511
0
0
499,909
* 23,156
** 112
**
* 31
141,820
0
0
63,440
* 2,643
** 207
**
* 6,721
406,304
0
*9
62,935
24,242
** 2,924
**
* 2,463
1,658,643
0
* 161
107,869
* 44,140
** 19,757
**
* 93
5,621,941
0
* 22,773
1,427,655
213,044
** 109,297
**
46,401
38,244
171,843
2,565
2,643,274
5,939,044
329,235
139,831
79,384
7,752
38,609
78,321
* 1,769
43,942
27,044
34,357
28,792
11,653
5,594
297,760
373,533
19,183
557,750
1,755,951
77,452
Information
Publishing industries (except Internet)
Motion picture and sound recording
Broadcasting (except Internet) and telecommunications
Internet publishing and broadcasting
Internet service providers, Web search portals, and data
processing
233,984
50,942
60,910
33,532
4,161
8,605,326
1,752,419
2,590,179
1,785,661
201,167
179,751
24,532
100,530
19,967
2,533
70,985
5,230
19,019
40,133
* 105
153,702
28,264
64,983
26,672
* 11,260
50,565
11,076
20,033
12,994
* 657
423,573
149,692
109,384
78,895
* 12,283
3,652,581
716,377
1,164,090
518,816
73,592
84,439
2,275,899
32,189
* 6,498
22,524
5,804
73,319
1,179,707
Finance and insurance
Credit intermediation and related activities
Securities, commodity contracts, and other financial
investments
Investment bankers and securities dealers
Securities brokers
Commodity contracts brokers and dealers
Securities and commodity exchanges
Other financial investment activities (investment advice
Insurance agents, brokers, and related activities
Insurance agencies and brokerages
Other insurance—related activities
495,376
66,452
61,428,063
4,261,253
707,783
70,368
219,456
28,892
1,210,651
68,747
377,601
44,992
3,890,068
262,523
22,908,435
1,469,086
106,244
4,312
10,750
2,820
* 14
88,348
322,680
241,816
80,864
29,496,099
968,598
2,505,716
666,350
* 138,383
25,217,051
27,670,711
23,982,553
3,688,158
170,430
4,958
9,481
1,750
* 269
153,971
466,986
408,330
58,656
69,877
* 3,846
15,178
* 246
0
50,607
120,687
105,639
15,048
362,409
19,654
28,933
13,182
* 353
300,287
779,495
727,869
51,626
149,404
3,306
14,607
455
* 219
130,817
183,206
156,765
26,441
1,234,858
31,013
131,196
15,160
* 1,629
1,055,860
2,392,688
2,250,563
142,124
8,539,428
434,559
953,823
189,262
* 9,496
6,952,289
12,899,922
10,928,275
1,971,647
Footnotes at end of table.
22
Rent paid
Interest
on
Rent paid
paid
on other
Depreciation machinery
business deduction
deduction [1,2]
and
[1,3]
equipment property [1]
[1]
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
Number
of returns
(9)
Business
receipts
Payroll [1,4] Net income
(11)
(12)
(13)
(14)
(15)
(16)
908,375
60,188,057
1,480,061
383,751
835,897
582,249
1,804,064
27,320,942
Real estate
Lessors of real estate (including miniwarehouses
and self storage)
Offices of real estate agents, brokers, property
managers, and appraisers
877,660
57,261,965
1,059,093
356,781
779,817
511,899
1,505,241
26,636,164
13,266
697,851
32,023
4,052
6,352
68,763
23,443
276,502
711,860
43,920,550
804,148
309,666
600,634
312,539
1,037,925
22,251,313
Other activities related to real estate
Rental and leasing services
Automotive equipment rental and leasing
Consumer electronics and appliances rental
Formal wear and costume rental
Videotape and disc rental
General rental centers and other consumer goods
rental
Commercial and industrial machinery and
equipment rental and leasing
152,534
30,716
** 10,201
**
* 39
3,247
12,643,564
2,926,092
** 434,917
**
* 47,139
498,508
222,923
420,968
** 100,300
**
* 2,022
* 16,716
43,063
26,970
** 1,273
**
0
* 407
172,831
56,080
** 275
**
* 3,429
* 35,869
130,597
70,350
** 21,985
**
* 268
* 7,023
443,873
298,823
** 19,685
**
* 8,554
* 58,655
4,108,350
684,778
** 101,075
**
* 3,727
61,572
7,882
741,074
57,846
10,354
8,932
8,238
* 109,860
187,528
9,347
1,204,454
244,083
14,936
7,576
32,837
102,068
330,875
Professional, scientific, and technical services
Legal services
Offices of certified public accountants
Other accounting services
Architectural, engineering, and related services
Architectural services
Engineering services
Drafting, building inspections, and geophysical
surveying
Surveying and mapping (except geophysical)
services
Testing laboratories
Specialized design services
Computer systems design services
Other professional, scientific, and technical services
Management, scientific, and technical consulting
services
Scientific research and development services
Advertising and related services
Market research and public opinion polling
Other miscellaneous services
2,407,350
268,297
39,361
268,693
213,865
73,057
80,074
156,237,690
36,949,264
4,068,821
7,516,589
14,727,736
6,829,921
5,416,534
3,212,163
429,814
66,654
190,978
452,565
200,846
152,796
722,102
195,839
18,701
28,412
61,578
33,543
22,674
3,182,973
1,576,078
160,550
200,814
210,070
122,709
62,956
771,576
205,051
49,386
87,343
67,372
33,949
22,187
10,825,849
3,920,040
573,577
737,727
1,638,696
1,010,394
444,785
77,705,157
17,450,194
1,903,735
3,445,846
6,055,197
2,117,003
2,580,101
47,243
1,622,533
61,239
1,023
* 13,918
7,303
* 66,194
955,172
10,780
2,711
165 742
165,742
191,706
1,259,685
679,883
178,865
7 903 667
7,903,667
9,211,240
75,860,373
33,195
* 4,489
149 788
149,788
212,070
1,710,294
* 4,332
*7
22 510
22,510
63,261
331,800
8,521
* 1,965
92 405
92,405
78,717
864,340
* 3,194
* 739
25 539
25,539
29,161
307,724
94,545
* 22,776
358 309
358,309
466,991
3,130,508
334,128
68,793
2 668 602
2,668,602
4,780,921
41,400,665
697,244
26,842
90,271
26,335
418,993
43,565,512
1,412,635
6,739,828
1,053,548
23,088,850
817,882
35,191
134,245
6,284
716,691
184,480
7,002
28,999
* 1,537
109,782
354,683
22,413
85,585
11,932
389,726
136,403
* 707
27,056
* 375
143,183
1,122,918
66,215
236,820
42,712
1,661,843
27,576,853
775,250
2,276,899
494,610
10,277,052
1,787,855
1,766,210
52,763,362
50,755,416
1,752,019
1,580,081
409,781
390,345
585,247
563,092
305,984
276,754
5,466,780
5,321,341
19,554,621
19,225,753
21,645
2,007,946
171,937
19,435
22,155
29,230
145,440
328,868
466,677
7,042,678
140,904
30,938
352,979
44,792
268,854
3,612,035
Real estate and rental and leasing
Administrative and support and waste
management and remediation services
Administrative and support services
Waste management and remediation services
Educational services
(10)
Rent paid
on
Rent paid
Interest
Depreciation machinery
on other
paid
and
deduction [1,2]
business deduction
equipment property [1]
[1,3]
[1]
Footnotes at end of table.
23
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net
Income, by Industrial Sectors, Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
Number
of returns
Business
receipts
Rent paid
Rent paid
Interest
on
on other
paid
Depreciation machinery
business deduction
and
deduction [1,2]
[1,3]
equipment property [1]
[1]
Payroll [1,4] Net income
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
1,677,379
107,695,993
2,262,347
528,516
4,399,618
939,407
14,893,884
48,286,449
Ambulatory health care services
Offices of physicians (except mental health
specialists)
Offices of physicians, mental health specialists
Offices of dentists
Offices of chiropractors
Offices of optometrists
Offices of mental health practitioners and social
therapists
Offices of podiatrists
Outpatient care centers and other miscellaneous
health practitioners
Medical and diagnostic laboratories
Home health care services
Other ambulatory health care services (including
ambulance services, blood and organ banks)
Hospitals
Nursing and residential care facilities
Social assistance
Child day care services
829,480
91,188,521
1,898,616
460,576
4,046,344
733,914
13,333,972
41,107,694
160,313
28,775
84,992
34,353
17,661
31,988,061
2,923,924
29,148,584
4,505,208
3,234,129
515,444
42,986
874,270
94,661
69,016
174,059
19,528
108,901
41,600
32,704
1,274,790
172,550
1,126,332
388,324
167,600
168,478
16,461
353,616
61,313
24,528
4,052,871
153,074
6,321,501
507,247
542,131
16,239,483
1,797,035
10,431,676
1,745,278
924,445
141,668
4,543
7,928,102
958,637
124,787
16,587
29,441
2,705
520,958
88,334
19,028
9,052
482,225
125,890
4,617,337
352,247
119,980
27,060
186,423
4,559,133
1,295,056
3,696,328
79,873
32,741
34,716
23,886
4,217
14,109
202,316
58,828
25,562
24,018
9,954
42,956
233,335
200,565
586,697
2,413,599
448,923
1,790,438
23,712
8,831
46,231
117,669
675,168
951,359
466,059
2,650,615
2,762,097
10,628,701
13,536
* 3,937
85,315
44,219
230,259
9,425
* 1,601
14,121
16,361
35,857
20,750
* 5,580
90,382
107,113
150,199
4,509
* 1,759
76,552
18,561
108,620
128,438
* 69,301
655,447
219,037
616,126
347,232
255,650
501,734
1,306,503
5,114,868
Arts, entertainment, and recreation
Performing arts, spectator sports, and related industries
Museums, historical sites, and similar institutions
Amusement, gambling, and recreation industries
783,394
649,255
2,711
131,428
24,742,954
20,327,153
28,675
4,387,126
750,420
626,350
* 205
123,865
135,736
88,421
*1
47,314
591,563
329,385
* 53
262,125
113,460
72,964
0
40,496
825,929
492,875
*3
333,051
11,410,732
10,275,232
25,364
1,110,136
Accommodation, food services, and drinking places
Accommodation
Travel accommodation (including hotels, motels, and
bed and breakfast inns)
RV (recreational vehicle) parks and recreational camps
Rooming and boarding houses
Food services and drinking places
263,332
27,192
34,879,565
3,121,187
823,180
185,574
240,788
8,181
2,243,084
73,379
507,408
232,796
5,418,621
354,122
3,964,887
611,072
16,211
7,657
3,325
236,140
2,539,278
277,078
304,831
31,758,378
156,454
10,888
18,231
637,607
5,136
* 1,241
* 1,805
232,606
66,559
* 4,600
* 2,220
2,169,704
193,062
* 15,700
* 24,035
274,612
301,885
27,109
* 25,127
5,064,499
485,658
59,658
65,755
3,353,816
1,915,583
305,856
72,514,673
19,928,520
1,883,760
606,335
722,176
195,747
4,510,472
647,493
675,163
239,356
5,751,236
2,089,613
22,828,669
3,863,109
154,941
75,412
9,543,976
6,440,614
295,196
171,349
52,514
93,620
267,576
218,149
128,859
65,628
891,388
802,904
1,891,915
1,172,160
75,503
334,471
1,275,256
3,943,930
14,826,271
37,759,882
139,790
467,964
809,460
49,613
85,555
440,874
161,768
243,813
3,619,166
44,869
158,103
277,703
395,321
1,103,270
2,558,354
799,034
4,147,093
14,818,467
Health care and social assistance
Other services
Auto repair and maintenance
Automotive mechanical and electrical repair and
maintenance
Automotive body shops
Other auto repair and maintenance (including oil
change, lubrication, and car washes)
Miscellaneous repairs
Personal and laundry services
Religious, grantmaking, civic, professional and
similar organizations
201,412
3,292,324
34,159
* 3,732
8,608
* 8,597
* 23,717
2,072,527
Unclassified establishments
443,351
4,785,400
97,443
41,237
37,802
29,768
79,396
2,901,164
* 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 taxpayer information.
[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] Includes depreciation claimed on Form 8829, Expenses for Business Use of Your Home .
[3] Interest paid is the sum of mortgage interest and other interest paid on business indebtedness.
[4] Payroll is the sum of 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.
24
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2007
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Net income status, item
All
nonfarm
industries
(1)
Total
Animal
production
(including
breeding
of cats and
dogs)
Forestry
and logging
(including
forest
nurseries,
timber tracts)
(2)
(3)
(4)
Mining
Fishing
Hunting
and
trapping
Support
activities
for
agriculture
and forestry
Total
(5)
(6)
(7)
(8)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
23,122,698
301,280
53,941
51,332
63,216
10,480
122,312
126,578
Business receipts, total [1]
Income from sales and operations [1]
Other business income
1,324,403,080
1,303,976,701
20,426,379
17,747,925
17,405,779
342,146
1,766,020
1,683,919
82,100
5,208,334
5,145,938
62,397
2,334,905
2,248,280
86,625
380,277
373,160
7,118
8,058,389
7,954,482
103,906
12,534,266
11,996,371
537,894
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
1,044,343,442
422,684,549
44,469,609
34,514,589
264,234,818
61,519,006
64,956,668
47,010,141
15,731,012
82,023,756
14,569,232
36,674,415
1,021,072
39,645,972
2,909,540
19,290,556
10,934,377
7,661,490
6,648,973
6 648 973
8,368,192
13,297,287
1,279,748
9,526,481
33,613,237
16,170,712
32,325,460
79,380,311
18,183,185
13,134,026
24,856,179
119,516,105
11,217,628
1,439,137
99,670
1,235,717
17,100,026
5,660,622
543,798
341,752
4,428,553
207,887
563,263
424,632
90,979
967,185
92,797
624,357
87
1,651,315
11,125
416,028
129,634
51,218
105,559
105 559
209,525
51,863
2,983
127,994
213,486
747,409
595,994
1,384,725
337,412
141,345
229,172
3,150,505
78,411
11,145
* 369
12,441
2,318,882
745,829
102,881
26,863
561,119
48,087
96,320
89,441
22,515
128,799
33,639
29,738
*1
264,644
668
39,450
31,698
5,504
11,877
11 877
14,376
8,950
* 242
5,606
13,411
37,588
129,025
30,530
15,866
31,546
35,194
651,228
30,325
6,159
* 48
* 8,477
4,904,911
1,443,401
271,050
123,087
875,450
59,713
259,159
145,057
9,699
263,772
13,913
310,895
* 11
565,566
4,439
165,584
20,592
10,292
21,376
21 376
79,018
12,209
1,653
51,690
18,634
353,903
85,362
390,963
86,689
12,340
50,492
920,331
6,178
1,157
* 318
* 1,362
1,926,292
338,159
* 7,388
* 45,689
* 188,828
47,076
61,271
* 12,091
17,437
124,767
* 4,251
48,008
0
285,152
* 359
52,283
20,430
15,429
17,874
17 874
29,653
5,676
* 164
24,762
29,888
115,249
149,514
13,240
46,846
39,422
26,442
499,039
15,457
2,342
0
* 679
360,266
126,261
* 10,974
* 18,818
71,172
* 3,823
* 34,731
* 13,258
2,815
8,828
* 946
3,869
* 36
47,407
* 15
7,104
4,262
1,010
* 4,774
4 774
* 9,139
823
0
* 400
19,428
20,039
9,285
24,691
9,191
2,301
13,893
41,904
0
0
0
0
7,589,675
3,006,972
151,504
127,296
2,731,985
49,189
111,783
164,784
38,513
441,018
40,048
231,847
* 39
488,546
5,644
151,606
52,651
18,983
49,657
49 657
77,340
24,205
924
45,536
132,124
220,631
222,808
925,302
178,819
55,737
103,151
1,038,003
26,451
1,487
*3
* 1,922
10,913,682
2,788,714
71,876
214,754
1,161,315
97,919
1,315,366
72,516
14,966
327,274
30,944
135,819
873,111
931,200
23,142
142,881
102,745
29,331
34,778
34 778
156,692
46,140
3,113
39,597
46,426
205,423
115,960
406,512
295,731
53,196
94,957
3,973,760
16,170
1,383
0
1,542
280,557,010
335,098,968
-54,541,958
668,372
2,633,207
-1,964,834
-547,398
181,712
-729,110
303,534
583,592
-280,058
409,418
717,764
-308,346
20,558
60,262
-39,704
482,260
1,089,877
-607,617
1,624,615
2,811,035
-1,186,420
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Footnotes at end of table.
25
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Net income status, item
All
nonfarm
industries
(1)
Total
Animal
production
(including
breeding
of cats and
dogs)
Forestry
and logging
(including
forest
nurseries,
timber tracts)
(2)
(3)
(4)
Mining
Fishing
Hunting
and
trapping
Support
activities
for
agriculture
and forestry
Total
(5)
(6)
(7)
(8)
BUSINESSES WITH NET INCOME
Number of returns [1]
16,928,788
166,008
16,462
31,497
37,832
4,846
75,371
95,112
1,108,966,537
1,094,000,523
14,966,013
13,760,063
13,549,270
210,793
1,125,624
1,075,927
49,696
4,225,932
4,186,075
39,858
1,955,315
1,874,770
80,545
238,520
238,053
* 466
6,214,672
6,174,445
40,227
9,895,176
9,487,699
407,478
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
773,912,492
319,391,585
26,022,617
28,691,090
197,099,788
49,457,882
45,911,851
27,791,643
11,631,573
61,245,094
10,985,416
30,022,269
772,119
26,068,072
2,302,843
14,947,353
7,792,043
6,050,928
3,493,736
4 911 372
4,911,372
10,282,730
1,181,625
7,211,095
25,186,283
11,481,853
24,197,292
62,983,026
13,684,297
9,736,826
18,153,001
78,209,792
8,392,388
973,642
60,917
142,436
11,126,867
4,287,367
350,247
323,074
3,354,954
163,934
340,050
244,892
52,181
578,730
54,282
377,660
* 36
863,777
8,564
286,516
62,518
30,825
57,503
110 465
110,465
29,751
2,437
102,737
86,920
448,034
326,266
1,137,287
219,432
73,634
132,093
1,732,854
39,784
2,841
* 48
* 642
943,935
434,082
* 38,077
* 24,323
298,231
* 35,324
66,864
* 28,736
8,416
54,587
22,202
16,994
0
80,961
* 261
18,857
6,154
2,385
* 7,892
3 314
3,314
2,749
0
* 4,144
6,650
14,289
26,486
* 11,198
6,290
4,235
14,991
189,724
* 6,659
* 360
* 48
* 642
3,642,341
1,236,964
227,786
116,282
771,718
37,715
191,235
107,772
5,557
183,055
* 12,179
184,568
0
371,105
3,488
122,192
9,851
6,914
16,405
40 888
40,888
8,632
1,518
47,166
14,024
239,714
52,271
297,964
54,112
9,803
30,565
684,184
3,741
365
0
0
1,237,539
268,685
* 7,388
* 42,951
* 188,824
* 40,465
* 1,088
* 12,031
12,773
67,897
* 3,564
41,846
0
132,724
* 134
28,928
14,042
10,950
* 3,368
18 604
18,604
3,764
0
17,879
19,550
62,732
82,243
* 9,947
28,837
25,766
18,446
347,894
11,329
* 1,657
0
0
178,257
* 68,178
0
* 18,818
* 43,648
* 2,647
* 3,065
0
* 1,738
* 3,196
0
* 180
*1
* 13,250
0
* 1,500
* 2,608
* 319
* 1,932
* 30
* 491
0
*3
* 17,484
* 6,306
* 3,116
* 21,441
* 7,032
* 517
* 3,504
* 23,615
0
0
0
0
5,124,795
2,279,457
76,996
120,700
2,052,533
47,783
77,798
96,352
23,697
269,994
16,336
134,072
* 34
265,736
4,681
115,038
29,863
10,257
27,905
47 628
47,628
14,116
919
33,545
29,212
124,994
162,150
796,737
123,160
33,313
64,588
487,437
18,056
459
0
0
7,085,224
1,976,056
42,475
191,942
848,745
75,676
857,228
40,010
11,865
280,854
28,114
113,402
661,919
612,662
12,956
110,549
60,606
24,826
22,975
74 875
74,875
33,172
2,532
22,442
33,414
158,694
77,627
274,828
212,765
36,054
78,948
2,124,124
13,917
1,047
0
* 97
Net income [1,2]
335,098,968
2,633,207
181,712
583,592
717,764
60,262
1,089,877
2,811,035
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
4,399,494
31,215,207
3,679,945
27,535,262
42,647
210,792
28,297
182,495
2,064
4,341
* 634
* 3,706
8,087
28,191
* 5,907
22,284
8,802
45,128
* 6,791
38,336
* 3,474
* 13,187
* 1,845
* 11,342
20,221
119,945
13,119
106,826
21,951
139,542
25,101
114,441
Business receipts, total [1]
Income from sales and operations [1]
Other business income
Footnotes at end of table.
26
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Mining—continued
Net income status, item
Utilities
Construction
Oil
and
gas extraction
Coal
mining
Metal
ore
mining
Nonmetallic
mineral
mining and
quarrying
Support
activities for
mining
Total
Total
(9)
(10)
(11)
(12)
(13)
(14)
(15)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
104,284
408
* 1,028
3,487
17,371
10,131
2,931,110
Business receipts, total [1]
Income from sales and operations [1]
Other business income
9,632,432
9,178,734
453,698
71,712
71,402
* 310
* 1,432
* 1,432
0
920,554
919,044
1,510
1,908,136
1,825,759
82,377
565,214
563,140
2,075
230,835,068
229,219,635
1,615,433
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
8,516,518
1,805,302
49,695
138,803
464,114
44,349
1,154,557
46,216
5,355
168,215
27,960
89,808
852,693
692,659
12,290
75,443
89,416
15,404
22,654
22 654
111,003
33,310
2,594
16,421
34,410
123,203
67,450
155,525
252,232
34,150
62,236
3,742,497
12,501
1,125
0
1,540
66,633
* 4,370
* 82
0
* 3,935
0
* 430
* 77
* 46
* 219
* 35
* 18
* 961
* 2,431
* 1,730
* 4,411
716
*4
* 67
* 1,354
* 279
* 131
* 178
* 52
* 3,700
* 7,808
* 22,837
* 3,134
*3
* 241
11,906
0
0
0
0
* 4,558
* 763
0
* 489
0
* 148
* 127
0
0
* 611
0
0
* 130
* 465
0
* 137
*9
*5
0
0
* 15
0
*6
* 64
* 48
* 12
* 364
* 171
* 17
* 26
* 1,717
0
0
0
0
861,486
458,961
* 16,036
59,366
303,065
* 19,210
76,472
* 15,187
7,538
22,086
* 2,614
* 1,125
17,708
89,594
* 2,033
16,859
3,095
805
* 8,274
8 274
28,174
4,183
* 80
12,879
* 1,377
35,415
4,021
39,097
14,910
* 1,010
13,863
75,659
* 124
* 56
0
*2
1,464,487
519,317
* 6,064
* 16,096
390,202
34,212
83,780
* 11,037
2,026
136,143
* 334
44,869
1,619
146,051
7,090
46,031
9,508
13,114
* 3,783
3 783
16,161
8,353
* 308
10,113
10,522
43,056
36,669
188,688
25,285
18,016
18,592
141,981
* 3,545
* 202
0
0
523,669
222,384
* 447
* 33,033
* 46,990
* 33,557
* 109,734
* 1,379
1,857
39,667
* 2,183
62,070
* 3,371
42,091
* 50
13,103
3,264
2,520
* 333
* 2,564
2,978
* 11
3,422
* 1,251
10,413
13,945
* 14,997
4,438
6,971
3,908
60,058
* 1,020
* 935
0
* 932
195,237,842
99,315,888
7,901,962
17,647,456
30,031,679
33,173,579
19,335,209
8,773,996
1,264,898
15,584,086
752,630
15,287,410
60,823
7,264,279
367,121
4,366,712
1,069,848
697,176
971,130
971 130
1,258,704
1,203,860
73,774
1,430,225
1,605,321
2,066,517
8,118,260
10,598,430
2,294,429
981,857
2,593,852
14,317,657
1,320,751
141,652
23,190
85,376
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
1,119,626
2,216,323
-1,096,697
5,079
* 5,864
* -785
* -3,125
0
* -3,125
59,401
97,838
-38,436
443,634
491,010
-47,376
39,999
100,720
-60,722
35,667,000
41,318,313
-5,651,313
Footnotes at end of table.
27
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Mining—continued
Net income status, item
Utilities
Construction
Oil
and
gas extraction
Coal
mining
Metal
ore
mining
Nonmetallic
mineral
mining and
quarrying
Support
activities for
mining
Total
Total
(9)
(10)
(11)
(12)
(13)
(14)
(15)
BUSINESSES WITH NET INCOME
Number of returns [1]
78,895
* 261
0
2,130
13,826
8,067
2,434,150
Business receipts, total [1]
Income from sales and operations [1]
Other business income
7,545,881
7,215,533
330,349
* 62,270
* 62,178
* 92
0
0
0
777,948
777,856
* 92
1,509,078
1,432,131
76,946
406,924
404,903
* 2,021
200,697,261
199,409,333
1,287,928
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
5,330,641
1,226,673
33,330
130,446
335,839
36,879
717,077
26,898
3,886
140,862
25,340
78,485
651,735
444,745
5,647
58,301
51,803
12,038
15,071
52 277
52,277
24,563
2,018
14,436
24,558
111,073
49,378
98,276
180,730
18,805
53,769
1,964,133
10,265
791
0
* 97
* 56,405
* 4,370
* 82
0
* 3,935
0
* 430
* 77
* 46
* 171
* 35
* 18
0
* 1,716
* 1,730
* 4,411
* 616
*3
* 67
* 153
* 66
* 131
* 178
* 52
* 3,700
* 7,808
* 22,837
* 2,630
*1
* 241
* 5,425
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
680,110
415,201
* 3,630
* 48,148
* 287,064
* 14,316
* 65,989
* 3,944
* 6,218
* 21,189
* 2,566
* 448
8,769
66,580
* 1,392
11,016
1,513
* 619
* 4,468
* 13,465
13 465
2,188
* 75
* 2,270
* 940
20,711
* 2,469
* 27,989
10,671
* 653
8,860
49,735
* 106
* 54
0
0
1,018,067
329,812
* 5,433
* 13,349
* 221,908
* 24,481
73,732
* 9,091
1,716
118,632
* 172
34,451
* 1,415
99,621
4,187
36,821
6,674
12,166
* 3,370
8 980
8,980
6,356
* 308
5,558
7,865
23,209
17,972
125,726
18,735
16,594
16,078
104,831
* 3,545
* 202
0
0
306,234
* 115,884
* 447
0
* 44,365
* 2,523
* 68,996
* 447
* 1,466
33,073
* 2,183
* 55,718
* 3,371
16,189
*3
* 4,769
* 697
* 1,769
* 333
* 110
* 1,500
*5
* 2,316
* 105
* 5,138
12,387
* 9,996
* 3,846
* 2,136
2,986
25,224
* 230
*3
0
0
159,383,836
81,910,491
3,885,876
15,222,461
24,371,648
28,268,445
14,740,831
4,578,770
1,000,554
12,866,040
563,724
13,251,362
56,796
5,589,410
273,735
3,578,133
789,754
576,054
481,291
833 239
833,239
930,453
63,753
1,111,543
1,211,961
1,612,211
6,715,431
8,654,849
1,839,370
791,165
2,051,584
11,183,919
1,077,913
109,495
20,589
22,768
Net income [1,2]
2,216,323
* 5,864
0
97,838
491,010
100,720
41,318,313
17,284
66,658
11,789
0
0
0
0
0
0
* 300
* 33,350
0
4,367
39,533
* 13,312
* 3,983
* 21,891
* 4,802
470,797
3,626,865
372,204
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
28
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Construction—continued
Net income status, item
Heavy and
Residential Nonresidential
civil
building
building
engineering
construction construction
construction
(16)
(17)
(18)
Manufacturing
Specialty
trade
contractors
Total
Food
manufacturing
Textile
and textile
product mills
Apparel
(19)
(20)
(21)
(22)
(23)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
423,433
83,005
77,303
2,347,369
362,390
44,984
7,690
28,809
Business receipts, total [1]
Income from sales and operations [1]
Other business income
50,209,133
49,945,594
263,539
10,828,766
10,738,066
90,700
10,069,553
9,954,323
115,230
159,727,616
158,581,651
1,145,964
29,248,316
29,063,321
184,994
3,864,513
3,836,267
28,246
407,370
407,264
* 106
1,287,983
1,280,405
7,578
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
44,432,292
28,259,449
4,331,173
3,828,925
7,764,105
9,320,768
7,741,160
4,726,681
210,353
2,230,060
149,109
2,995,191
* 3,448
1,007,430
34,448
740,853
247,801
97,814
337,541
337 541
300,892
174,419
8,355
204,865
227,167
248,086
1,491,610
1,485,090
361,982
92,207
405,861
2,833,914
221,462
23,771
* 6,026
7,807
9,669,315
6,205,627
218,026
868,808
1,567,259
1,660,525
2,208,738
317,728
35,210
471,064
37,659
520,982
* 143
255,248
18,674
185,893
52,855
29,983
49,825
49 825
72,656
50,731
3,431
103,428
63,135
77,705
204,805
430,576
107,942
53,380
122,461
478,331
30,844
4,622
* 2,589
* 126
9,244,020
5,252,838
1,648,010
382,226
2,015,934
1,349,615
1,867,848
2,010,795
62,625
354,330
68,054
324,941
* 614
549,950
10,921
182,539
102,099
40,996
161,448
161 448
150,002
57,056
5,409
82,850
43,512
196,884
163,288
395,965
138,152
79,372
100,261
682,618
28,541
1,929
* 1,734
910
131,892,215
59,597,975
1,704,753
12,567,497
18,684,381
20,842,672
7,517,462
1,718,791
956,710
12,528,632
497,809
11,446,296
56,617
5,451,651
303,078
3,257,428
667,094
528,383
422,316
422 316
735,155
921,653
56,579
1,039,082
1,271,506
1,543,841
6,258,557
8,286,798
1,686,352
756,899
1,965,270
10,322,794
1,039,904
111,330
12,842
76,533
26,230,644
14,167,143
1,608,491
1,630,818
7,778,254
3,090,152
1,869,448
1,810,019
284,439
1,024,633
162,571
466,746
596
1,190,925
104,160
368,060
194,980
88,754
157,726
157 726
224,517
245,077
16,626
168,357
961,775
356,471
772,723
2,016,732
440,895
199,949
645,839
1,718,256
208,248
22,810
* 7,152
20,111
3,791,997
2,438,758
314,741
75,453
1,743,801
500,931
201,463
397,630
41,200
98,146
15,928
16,523
* 75
112,301
7,387
36,438
25,397
6,548
15,577
15 577
39,571
26,964
541
25,687
85,316
55,296
76,295
287,887
69,053
19,848
83,757
194,654
* 3,642
* 265
0
* 371
423,076
210,860
* 31,946
* 37,258
* 111,234
* 20,884
* 22,702
* 13,163
6,160
28,038
* 6,479
* 4,116
0
15,185
* 2,185
9,027
5,347
729
* 67
* 3,495
2,071
* 2,452
* 3,174
15,815
3,808
7,349
* 33,131
8,596
2,251
18,113
30,087
* 734
* 731
0
0
1,205,864
568,938
88,221
128,189
302,383
31,569
112,644
94,068
31,574
54,902
4,351
45,522
0
35,421
* 7,312
9,941
6,440
8,688
*4
4,696
16,096
* 79
4,904
63,083
9,236
35,600
61,269
16,398
15,202
35,388
140,461
23,315
* 3,844
0
* 2,248
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
5,823,813
7,219,827
-1,396,014
1,160,688
1,428,246
-267,558
827,809
1,516,443
-688,634
27,854,691
31,153,797
-3,299,106
3,031,757
4,461,145
-1,429,387
73,829
344,521
-270,692
-15,707
45,094
-60,800
86,798
222,020
-135,222
Footnotes at end of table.
29
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Construction—continued
Net income status, item
Heavy and
Residential Nonresidential
civil
building
building
engineering
construction construction
construction
(16)
(17)
(18)
Manufacturing
Specialty
trade
contractors
Total
Food
manufacturing
Textile
and textile
product mills
Apparel
(19)
(20)
(21)
(22)
(23)
BUSINESSES WITH NET INCOME
Number of returns [1]
353,370
68,416
53,045
1,959,319
217,718
27,381
5,050
16,445
Business receipts, total [1]
Income from sales and operations [1]
Other business income
41,215,012
41,010,110
204,902
9,120,021
9,044,825
75,196
7,152,437
7,118,071
34,366
143,209,791
142,236,327
973,464
23,656,129
23,536,337
119,792
3,153,371
3,134,316
19,055
352,856
352,856
0
1,071,138
1,063,793
* 7,344
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
33,999,954
21,781,202
2,231,006
3,293,848
5,479,795
7,577,583
5,640,778
2,441,808
152,056
1,817,715
107,470
2,411,544
* 30
795,761
21,073
590,659
148,592
77,452
130,725
174 904
174,904
141,973
7,097
130,280
171,112
208,905
1,144,919
1,086,613
253,925
77,689
319,355
2,003,301
183,313
17,522
* 6,022
1,918
7,691,775
5,093,127
95,754
790,635
1,086,451
1,523,473
1,785,685
188,871
31,664
374,176
* 16,698
415,481
* 143
193,134
14,784
128,183
37,359
25,186
39,094
43 857
43,857
41,133
3,208
55,383
37,623
55,458
140,277
346,370
86,390
43,912
71,194
361,450
29,764
4,502
* 2,589
*7
5,636,404
3,026,982
515,057
222,834
1,080,980
910,378
1,061,847
764,114
35,952
241,800
55,039
259,314
* 550
365,257
5,670
132,230
51,178
30,867
39,988
73 553
73,553
33,795
3,577
67,420
26,525
129,504
139,725
278,641
89,049
47,889
61,058
406,919
25,167
1,668
* 1,734
0
112,055,703
52,009,181
1,044,059
10,915,144
16,724,423
18,257,011
6,252,521
1,183,976
780,883
10,432,349
384,518
10,165,022
56,073
4,235,259
232,208
2,727,060
552,624
442,549
271,483
540 926
540,926
713,552
49,870
858,460
976,700
1,218,345
5,290,511
6,943,226
1,410,006
621,675
1,599,977
8,412,248
839,669
85,802
* 10,244
20,843
19,195,250
10,913,050
923,060
1,237,498
5,977,782
2,432,074
1,373,427
1,030,790
159,893
689,316
90,053
319,361
460
772,801
85,275
268,714
112,964
57,382
96,198
143 867
143,867
151,454
14,697
127,619
665,372
279,556
560,645
1,533,443
341,704
112,427
440,687
1,082,614
137,344
17,076
* 3,319
* 2,091
2,809,103
1,973,522
168,743
40,589
1,447,159
415,299
111,436
209,705
11,943
60,723
9,525
13,077
0
58,068
4,696
26,078
15,789
3,215
9,146
18 634
18,634
9,357
* 447
12,323
61,389
42,798
32,043
209,012
56,646
5,144
61,804
101,669
* 2,847
* 163
0
0
307,763
* 144,625
* 3,871
* 32,333
* 82,402
* 16,912
* 18,977
* 9,871
* 4,982
* 25,072
* 3,838
* 2,174
0
* 12,642
* 2,185
* 8,126
* 4,373
* 294
* 67
* 2,812
2 812
* 1,403
* 2,448
* 2,508
* 11,138
* 3,394
* 5,745
* 22,748
* 5,707
* 521
* 15,057
* 21,365
* 734
* 731
0
0
849,118
462,854
59,814
* 127,940
230,409
17,632
* 97,008
69,949
3,388
43,634
4,212
* 2,287
0
12,916
* 7,170
8,535
4,194
3,982
0
* 4,522
4 522
12,942
* 62
* 4,878
49,121
8,833
25,763
58,851
13,298
7,742
27,650
59,184
* 16,055
* 3,020
0
0
Net income [1,2]
7,219,827
1,428,246
1,516,443
31,153,797
4,461,145
344,521
45,094
222,020
65,277
535,954
62,885
473,069
11,533
100,852
* 6,727
94,125
12,210
108,616
8,756
99,859
381,777
2,881,443
293,836
2,587,607
47,827
314,749
44,446
270,303
11,318
79,244
* 9,207
70,037
* 1,291
* 5,451
* 3,806
* 1,645
* 4,270
* 25,674
* 7,045
* 18,629
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
30
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Leather
and
allied
products
Wood
products
Paper
products
Printing
and related
support
activities
Petroleum
and coal
products
Chemical
manufacturing
Plastics,
rubber, clay,
refractory,
and glass
products
Nonmetallic
mineral
products
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
* 3,084
35,852
* 1,060
34,903
390
8,802
15,217
4,392
Business receipts, total [1]
Income from sales and operations [1]
Other business income
* 46,456
* 39,488
* 6,968
2,692,662
2,661,310
31,352
* 47,083
* 47,083
0
2,704,692
2,700,456
4,236
38,627
36,652
* 1,975
591,406
586,424
4,983
781,386
780,630
* 755
769,424
766,528
* 2,896
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
* 32,513
* 21,382
* 32,864
0
* 23,616
0
0
* 35,098
* 2,140
* 618
0
0
0
* 364
*1
* 374
*2
* 40
*9
0
* 39
0
0
* 21
*7
* 354
* 5,067
*4
* 184
* 218
* 1,550
* 137
* 81
0
0
2,423,114
1,357,141
195,590
165,123
714,850
283,143
195,205
196,770
14,580
86,669
6,951
32,772
* 22
145,663
15,852
27,132
13,884
3,387
15,921
15 921
21,151
23,156
* 1,435
25,703
48,184
56,131
51,705
190,710
32,655
9,272
44,754
160,619
33,372
* 3,236
0
* 1,123
* 50,246
* 34,729
* 2,019
0
* 32,302
0
* 2,713
* 2,305
*1
* 1,187
0
*4
0
* 611
0
* 1,330
* 314
* 130
* 1,089
1 089
0
* 289
0
* 518
* 341
* 358
*2
* 4,460
* 397
* 284
* 331
* 995
* 2,875
0
0
0
2,384,531
1,113,429
46,738
88,093
610,523
222,964
186,068
40,957
51,475
91,297
12,951
19,896
0
112,611
9,076
26,289
17,256
7,790
* 16,747
16 747
33,176
36,496
* 1,810
16,086
154,754
27,451
80,809
234,967
51,725
11,393
93,661
151,805
10,292
* 1,491
0
* 654
39,923
* 27,221
* 10,269
* 1,119
* 11,504
* 210
* 4,120
0
* 28
* 49
* 89
* 1,237
* 147
* 3,153
* 165
* 1,373
* 333
* 22
* 66
* 2,340
* 283
0
0
*2
* 83
*6
* 1,023
* 68
* 80
* 240
1,729
0
0
0
0
539,768
206,167
20,580
* 11,521
* 104,062
39,380
54,921
24,297
4,143
17,780
* 4,071
* 11,443
* 13
19,488
* 4,990
12,481
7,188
2,510
* 12,812
12 812
3,585
12,163
* 359
2,354
11,265
7,905
11,792
91,782
8,320
6,117
34,866
40,406
* 2,581
* 332
0
* 29
676,816
312,945
33,191
* 27,806
217,651
67,293
* 7,369
40,364
8,130
44,957
* 929
35,201
0
10,401
* 1,982
20,213
3,225
4,785
* 2,522
2 522
* 4,742
4,477
* 271
* 3,215
52,301
8,316
23,107
49,108
10,738
5,904
16,492
43,090
* 9,307
* 671
0
* 2,216
702,713
378,633
* 21,120
* 20,255
* 193,890
119,185
* 51,704
* 27,521
5,969
14,626
* 102
* 6,144
* [4]
37,461
* 3,051
17,407
6,585
1,876
* 3,326
3 326
4,084
6,654
* 341
* 2,944
* 9,697
14,604
18,331
86,023
13,441
5,439
8,015
55,834
* 2,128
* 310
0
0
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
* 13,944
* 18,916
* -4,973
269,548
356,670
-87,121
* -3,163
* 2,538
* -5,701
321,191
440,485
-119,294
-1,296
2,612
* -3,908
51,638
93,378
-41,740
104,589
137,825
-33,237
66,711
102,711
-36,001
Footnotes at end of table.
31
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors,
Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Leather
and
allied
products
Wood
products
Paper
products
Printing
and related
support
activities
Petroleum
and coal
products
Chemical
manufacturing
Plastics,
rubber, clay,
refractory,
and glass
products
Nonmetallic
mineral
products
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
BUSINESSES WITH NET INCOME
Number of returns [1]
* 3,001
22,680
* 55
22,192
349
4,420
8,402
3,328
Business receipts, total [1]
Income from sales and operations [1]
Other business income
* 20,120
* 13,437
* 6,682
2,373,021
2,356,878
16,143
* 2,565
* 2,565
0
2,047,637
2,046,142
1,495
16,857
16,392
* 465
392,804
388,520
4,284
544,246
544,105
* 140
694,533
691,748
* 2,785
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
* 1,203
0
0
0
0
0
0
0
0
* 340
0
0
0
0
0
0
0
* 17
0
0
0
0
0
0
0
0
0
0
* 70
* 42
* 597
* 137
* 81
0
0
2,016,351
1,177,976
117,861
149,414
585,636
252,693
175,399
103,026
11,538
65,754
* 6,645
* 27,058
* 21
102,371
15,382
23,136
10,779
2,214
* 9,264
10 317
10,317
9,480
* 1,423
21,403
38,423
47,818
42,426
172,814
27,837
4,643
37,223
122,237
* 23,878
* 2,783
0
0
* 27
* 15
0
0
* 15
0
0
0
0
*9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
*2
0
0
0
0
0
0
0
1,607,152
727,142
25,052
* 68,900
399,291
170,945
85,128
22,173
34,549
50,856
8,768
17,003
0
74,642
6,204
18,734
7,772
5,324
* 15,107
16 334
16,334
24,261
* 1,806
15,333
112,212
19,920
68,880
179,082
34,116
5,672
56,313
98,058
7,773
* 837
0
0
14,245
* 12,445
0
0
* 10,644
0
* 1,801
0
*9
* 40
* 89
0
* 146
* 166
0
* 21
* 252
*2
* 66
0
* 16
0
0
0
*1
*1
* 50
*9
*9
* 43
855
0
0
0
0
299,426
120,075
* 3,440
* 11,521
* 40,107
* 38,922
* 29,583
* 3,498
* 2,520
12,817
* 4,008
* 1,127
* 13
10,660
* 4,905
8,565
3,184
1,507
* 5,950
* 2,585
2 585
5,963
* 359
* 1,460
* 5,971
4,994
* 9,149
* 52,418
4,426
2,603
8,551
23,045
* 2,566
* 331
0
* 27
406,420
161,888
25,364
* 5,685
* 97,807
* 54,283
* 3,649
* 24,900
2,950
20,804
* 373
* 33,629
0
6,321
* 1,902
18,157
2,090
* 2,506
0
* 4,417
4 417
* 2,689
* 257
* 3,208
* 33,722
* 2,960
17,100
* 37,739
* 6,420
* 3,113
11,820
23,757
* 8,140
* 250
0
0
591,821
351,319
* 20,755
* 15,932
* 187,366
* 107,000
* 44,033
* 23,767
5,238
* 14,122
* 86
* 5,049
0
21,988
* 2,188
* 16,009
4,630
* 1,818
* 1,188
* 3,137
3 137
6,040
0
* 2,747
* 4,484
* 8,430
* 10,116
* 76,299
10,861
* 5,347
5,818
32,782
* 2,128
* 310
0
0
Net income [1,2]
* 18,916
356,670
* 2,538
440,485
2,612
93,378
137,825
102,711
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
* 999
* 9,694
0
* 9,694
* 1,742
* 17,640
* 4,293
* 13,347
*6
* 1,620
0
* 1,620
* 2,938
* 27,297
* 1,290
* 26,008
* 47
* 1,347
* 186
* 1,161
* 1,027
* 3,292
* 3,185
* 107
* 1,999
* 2,319
* 458
* 1,862
* 1,285
* 22,271
0
* 22,271
Footnotes at end of table.
32
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Primary
metal
industries
Fabricated
metal
products
(32)
(33)
Machinery
Computer and
electronic
products
Electrical
equipment,
appliances,
and
components
Transportation
equipment
Furniture
and related
products
(34)
(35)
(36)
(37)
(38)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
5,141
28,120
24,113
9,846
7,097
8,630
22,074
Business receipts, total [1]
Income from sales and operations [1]
Other business income
642,314
642,310
*4
4,070,630
4,057,557
13,074
3,299,982
3,248,288
51,695
165,642
160,016
* 5,626
633,672
630,844
2,828
952,524
949,273
* 3,251
2,028,453
2,026,432
2,020
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
509,219
* 264,369
* 3,948
* 69,472
* 86,873
* 60,687
* 47,317
* 3,929
* 1,215
* 6,621
* 3,319
* 623
0
48,738
* 715
* 18,837
* 2,090
* 1,541
0
* 12,840
* 3,284
0
* 749
* 29,924
* 8,302
* 2,779
* 45,550
* 7,478
* 305
14,498
35,172
0
0
0
0
3,589,536
1,938,506
132,914
348,514
771,167
551,147
298,621
163,857
22,666
138,921
38,196
70,294
* 22
204,443
16,992
58,981
30,047
10,444
19,768
19 768
25,321
28,397
3,225
26,072
148,710
45,310
74,725
268,372
67,425
26,236
82,724
229,653
* 14,002
* 33
* 3,319
* 84
2,794,708
1,421,910
81,479
179,582
632,101
383,416
243,381
98,049
12,777
111,254
10,272
89,362
* 37
221,857
8,369
49,577
12,187
10,577
23,557
23 557
20,816
19,480
* 4,107
6,415
95,576
42,763
131,565
188,560
42,684
19,849
74,551
159,868
15,641
* 1,712
* 3,833
* 5,242
161,304
41,047
* 48,537
* 2,669
* 33,049
* 2,145
* 1,658
* 47,010
5,031
25,900
* 34
* 5,110
0
8,582
* 63
* 861
* 469
3,713
* 555
* 57
2,033
0
0
* 3,430
* 1,642
4,244
* 2,436
1,533
* 2,000
5,606
42,094
* 4,862
* 1,297
0
* 198
560,724
375,975
41,428
* 10,395
259,911
* 106,687
* 4,164
46,612
3,856
10,194
* 2,646
* 5,782
0
4,018
* 2,459
7,073
2,134
2,486
* 1,280
1 280
2,211
2,859
* 392
* 6,536
9,013
1,468
1,852
61,959
4,271
6,215
6,536
22,958
* 16,168
* 381
0
* 381
948,445
564,336
104,112
* 144,073
347,762
* 43,663
47,348
122,622
6,624
63,285
* 364
* 12,918
* 187
17,939
* 1,471
7,196
5,791
4,684
* 15,509
15 509
3,473
1,234
* 465
* 15,357
45,949
22,050
40,677
39,540
6,659
10,612
18,879
42,334
* 911
* 226
0
* 1,261
1,654,089
812,680
111,081
108,654
447,852
136,358
120,775
112,039
16,128
78,094
18,795
60,215
* 93
60,917
* 2,581
26,022
15,979
6,009
10,167
10 167
10,206
10,446
* 451
8,524
81,827
16,214
101,201
124,835
28,161
10,555
30,226
106,653
* 17,109
* 1,767
0
* 270
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
133,096
136,912
* -3,816
481,095
599,544
-118,449
506,170
537,083
-30,913
4,338
49,378
-45,040
74,534
99,764
-25,230
4,100
98,655
-94,555
374,546
421,499
-46,954
Footnotes at end of table.
33
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Primary
metal
industries
Fabricated
metal
products
(32)
(33)
Machinery
Computer and
electronic
products
Electrical
equipment,
appliances,
and
components
Transportation
equipment
Furniture
and related
products
(34)
(35)
(36)
(37)
(38)
BUSINESSES WITH NET INCOME
Number of returns [1]
3,849
20,513
18,467
3,768
5,491
3,603
15,754
Business receipts, total [1]
Income from sales and operations [1]
Other business income
641,736
641,732
*4
3,188,039
3,183,314
4,725
2,832,280
2,798,325
33,955
155,431
149,808
* 5,624
418,018
415,344
* 2,674
864,534
864,454
* 80
1,788,714
1,788,080
* 634
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
504,824
* 264,369
* 3,948
* 69,472
* 86,873
* 60,687
* 47,317
* 3,929
* 1,159
* 6,621
* 3,319
* 623
0
* 48,142
* 715
* 18,666
* 2,085
* 1,541
0
* 12,840
12 840
* 2,690
0
* 749
* 29,780
* 8,302
* 2,118
* 45,550
* 7,438
* 305
* 13,504
* 34,037
0
0
0
0
2,588,495
1,528,440
92,607
192,698
609,646
492,621
246,496
105,627
19,905
104,469
12,405
59,786
0
105,345
13,045
33,068
10,323
7,530
6,816
16 999
16,999
23,775
2,470
18,493
90,801
39,357
52,079
186,683
50,272
12,970
52,861
127,719
* 12,800
*5
* 3,319
0
2,295,197
1,269,835
73,811
170,524
532,732
356,830
224,547
88,608
10,968
87,255
* 10,220
40,787
0
161,553
8,289
32,147
10,249
8,298
* 19,583
18 710
18,710
13,984
* 3,963
5,961
54,983
30,988
99,406
169,329
35,755
17,970
60,007
108,626
* 15,237
* 1,691
0
* 435
106,053
* 37,630
* 3,269
* 2,601
* 32,713
* 47
* 1,657
* 2,657
* 3,146
* 10,184
0
* 115
0
* 963
* 28
* 834
* 311
* 734
* 20
* 57
* 603
0
0
* 3,295
* 395
* 1,843
* 1,565
* 583
* 828
* 2,644
* 35,556
* 4,719
* 1,198
0
0
318,254
243,796
* 33,728
* 10,062
* 127,917
* 106,648
* 3,276
* 37,835
* 451
* 5,886
* 127
* 3,630
0
2,726
* 41
* 3,427
1,396
2,214
* 1,280
* 1,666
1 666
* 1,837
* 392
* 1,192
* 6,814
* 232
* 217
* 19,356
* 2,196
4,896
2,759
11,246
* 93
0
0
0
765,879
505,326
* 42,401
* 128,916
* 325,755
* 34,720
* 16,338
* 42,805
* 3,695
31,454
* 339
* 10,735
* 187
11,463
* 1,266
6,551
2,934
2,025
* 13,765
* 3,015
3 015
* 995
* 186
* 15,353
29,812
21,115
22,383
* 29,011
5,858
3,220
14,687
29,904
* 602
0
0
0
1,367,215
621,997
83,331
70,593
384,406
109,573
62,797
88,703
13,511
68,179
7,257
59,868
* 93
55,060
* 2,386
23,344
9,961
5,559
* 6,479
8 017
8,017
7,800
* 451
8,507
73,380
12,637
99,722
116,320
26,473
8,458
22,890
93,394
* 15,471
* 1,497
0
0
Net income [1,2]
136,912
599,544
537,083
49,378
99,764
98,655
421,499
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
* 937
* 1,552
* 271
* 1,281
* 1,772
* 6,948
* 83
* 6,865
* 1,661
* 4,639
* 1,095
* 3,544
* 1,027
* 2,246
0
* 2,246
* 3,026
* 22,324
* 386
* 21,938
* 1,139
* 12,595
0
* 12,595
* 654
* 8,630
0
* 8,630
Footnotes at end of table.
34
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Wholesale trade (merchant wholesalers)
Net income status, item
Medical
Other
equipment miscellaneous
and supplies manufacturing
(39)
(40)
Retail trade
Total
Durable
goods,
including
machinery,
wood,
metals,
etc.
Nondurable
goods,
including
food,
fiber,
chemicals,
etc.
Wholesale
electronic
markets
and agents
and
brokers
Total
Motor
vehicle and
parts
dealers
(41)
(42)
(43)
(44)
(45)
(46)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
11,759
60,426
340,373
153,562
114,362
72,449
2,436,291
145,975
Business receipts, total [1]
Income from sales and operations [1]
Other business income
885,652
884,647
* 1,004
3,337,846
3,321,448
16,398
50,447,175
49,977,829
469,346
22,090,048
21,791,288
298,760
21,346,578
21,293,558
53,020
7,010,549
6,892,983
117,566
198,881,138
196,490,502
2,390,636
41,039,684
40,708,048
331,636
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
745,377
353,042
* 17,485
* 826
57,766
* 240,480
* 58,955
22,471
22,669
45,180
* 24,244
* 33,208
0
12,569
* 1,273
4,676
9,451
4,072
* 3,614
3 614
4,534
18,667
* 68
* 1,245
18,383
3,859
15,556
33,589
6,631
18,665
15,877
83,556
* 8,001
* 903
0
* 403
2,996,683
1,725,074
270,230
211,816
1,075,958
280,011
208,319
321,259
28,070
106,916
12,851
16,377
* [4]
119,206
18,237
32,832
30,861
8,722
15,136
15 136
28,220
29,988
* 630
18,873
88,185
31,667
94,774
206,461
64,658
29,539
61,104
174,740
43,172
5,531
0
* 5,630
45,646,254
33,807,186
2,871,450
414,747
29,696,134
1,470,244
2,618,914
3,264,303
352,946
1,434,458
617,321
387,889
5,470
585,657
93,480
286,218
213,791
190,961
112,189
112 189
312,571
267,375
18,546
180,906
721,017
242,031
558,888
1,423,998
329,410
548,173
470,600
2,240,679
219,376
33,473
* 707
25,299
20,129,459
14,579,142
1,804,915
263,534
12,688,326
750,819
1,082,351
2,010,802
176,696
614,197
320,829
164,822
* 1,543
327,176
28,970
131,647
104,503
86,414
42,444
42 444
169,000
136,523
10,936
122,407
378,813
133,036
295,739
685,641
153,420
244,755
222,244
873,111
112,180
20,985
* 707
14,682
19,746,127
15,223,108
900,797
73,118
13,701,088
450,490
1,160,836
1,063,221
126,844
502,427
196,296
160,302
3,927
212,979
33,296
124,051
83,988
57,662
64,222
64 222
117,398
80,359
6,267
38,791
245,195
98,801
222,499
604,999
148,617
192,683
185,371
949,744
58,837
8,383
0
7,964
5,770,668
4,004,936
165,738
78,094
3,306,721
268,934
375,727
190,279
49,405
317,834
100,196
62,765
0
45,502
31,214
30,520
25,300
46,885
5,523
5 523
26,172
50,493
1,343
19,709
97,010
10,195
40,651
133,358
27,373
110,735
62,984
417,824
48,359
4,106
0
* 2,652
189,472,430
131,967,253
22,772,494
2,524,239
118,950,289
6,265,212
4,867,592
23,412,573
2,397,463
6,137,823
1,145,926
1,217,225
11,580
2,682,887
267,277
1,573,633
816,576
421,352
947,484
947 484
1,169,780
1,153,338
42,387
687,456
6,140,304
1,283,997
2,809,686
8,812,053
3,002,252
1,171,531
3,533,280
9,081,497
755,401
98,359
23,081
177,459
39,908,603
32,559,687
5,604,728
615,727
29,952,015
1,304,603
922,169
5,839,555
349,139
559,476
229,175
200,778
* 1,535
370,276
56,035
323,560
97,536
40,688
175,813
175 813
287,097
137,329
5,946
36,270
564,151
289,379
273,985
1,166,067
509,128
94,967
365,153
1,167,108
19,365
1,376
* 303
* 1,752
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
140,275
188,539
-48,265
345,524
563,000
-217,476
4,815,862
6,009,042
-1,193,180
1,966,219
2,492,538
-526,319
1,608,303
2,094,787
-486,484
1,241,340
1,421,717
-180,377
9,493,005
17,883,396
-8,390,390
1,142,983
1,998,862
-855,879
Footnotes at end of table.
35
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade
Wholesale trade (merchant wholesalers)
Net income status, item
Medical
Other
equipment miscellaneous
and supplies manufacturing
(39)
(40)
Total
Durable
goods,
including
machinery,
wood,
metals,
etc.
Nondurable
goods,
including
food,
fiber,
chemicals,
etc.
Wholesale
electronic
markets
and agents
and
brokers
Total
Motor
vehicle and
parts
dealers
(41)
(42)
(43)
(44)
(45)
(46)
BUSINESSES WITH NET INCOME
Number of returns [1]
6,889
26,080
225,451
95,727
79,854
49,870
1,267,199
99,584
Business receipts, total [1]
Income from sales and operations [1]
Other business income
577,383
572,817
* 4,567
2,520,847
2,511,710
9,138
43,189,528
42,805,184
384,345
19,034,920
18,790,859
244,061
18,250,589
18,208,052
42,537
5,904,019
5,806,273
97,747
155,918,883
154,296,031
1,622,852
31,179,343
30,954,638
224,706
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
388,844
126,982
* 7,605
* 826
* 36,440
* 54,313
* 39,851
* 12,053
* 9,506
26,192
* 7,083
* 32,828
0
9,711
* 403
* 2,786
6,398
4,010
* 191
* 572
12,356
* 11
* 973
* 14,694
* 3,618
* 10,881
* 6,471
* 3,303
16,455
11,489
74,276
* 7,656
* 500
0
0
1,957,860
1,182,814
157,460
139,492
760,463
142,949
164,136
181,686
20,437
54,905
11,761
9,585
0
78,062
14,470
20,528
16,246
4,594
* 7,276
19 233
19,233
15,262
* 424
12,530
45,353
23,765
60,773
150,143
50,504
12,462
35,524
84,309
16,508
* 3,680
0
* 1,628
37,180,615
28,367,009
2,136,373
342,646
24,706,244
1,229,386
2,380,264
2,427,905
247,598
1,027,503
539,917
306,300
5,291
444,058
70,235
231,181
148,733
156,831
72,173
175 560
175,560
210,500
17,850
149,952
567,335
191,384
436,321
1,073,567
245,328
437,870
353,708
1,534,423
144,866
16,428
* 64
* 1,379
16,542,382
12,347,587
1,416,861
218,050
10,666,223
652,522
978,083
1,584,151
131,669
474,035
273,264
132,500
* 1,535
246,873
18,075
105,518
62,772
75,320
27,216
68 392
68,392
114,197
10,373
100,322
297,654
101,944
232,743
521,741
121,368
201,754
167,878
625,078
69,305
10,078
* 64
* 381
16,155,370
12,706,534
606,180
64,620
11,400,132
315,018
1,042,682
722,099
83,020
357,204
186,529
133,431
* 3,756
165,023
24,581
104,249
69,659
45,397
43,586
92 172
92,172
57,911
6,134
34,497
189,187
82,679
179,863
462,591
109,548
147,960
144,799
677,733
39,861
3,913
0
* 999
4,482,863
3,312,888
113,333
* 59,975
2,639,888
261,846
359,499
121,654
32,908
196,264
80,124
40,369
0
32,163
27,580
21,414
16,302
36,115
1,372
14 995
14,995
38,391
1,343
15,133
80,494
6,762
23,715
89,236
14,412
88,156
41,031
231,613
35,701
2,436
0
0
138,032,189
100,670,584
14,197,391
1,851,209
90,692,684
5,139,254
3,611,980
14,821,934
1,524,504
3,751,451
812,344
851,404
9,535
1,559,556
190,212
1,080,779
496,734
249,687
524,320
673 750
673,750
702,651
37,735
426,059
4,100,576
874,620
1,612,612
6,358,329
2,064,865
715,536
2,323,208
5,764,580
414,399
42,897
* 7,284
16,788
29,180,768
24,329,939
3,616,115
368,064
22,460,010
1,125,132
482,970
3,722,352
229,585
387,362
184,812
135,535
* 283
216,658
32,380
210,444
62,397
29,862
88,151
179 874
179,874
96,003
5,479
21,760
379,878
215,019
130,851
808,693
346,961
75,440
240,121
733,642
10,677
700
0
* 451
Net income [1,2]
188,539
563,000
6,009,042
2,492,538
2,094,787
1,421,717
17,883,396
1,998,862
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
* 2,715
* 11,584
* 2,748
* 8,836
7,974
48,382
* 10,392
37,990
41,727
319,078
25,118
293,960
16,526
127,717
13,270
114,447
15,200
117,528
* 7,466
110,062
10,002
73,833
* 4,382
69,451
246,651
1,225,326
242,989
982,337
19,664
152,081
28,960
123,122
Footnotes at end of table.
36
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
Furniture
and home
furnishing
stores
(47)
Building
material and
Electronic
garden
and appliance equipment
stores
and
supplies
dealers
(48)
(49)
Food and
beverage
stores
Health and
personal care
stores
Gasoline
stations
(50)
(51)
(52)
Sporting
Clothing and
goods,
accessories hobby, book,
stores
and music
stores
(53)
(54)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
48,991
35,679
51,802
82,127
145,056
18,245
140,659
110,577
Business receipts, total [1]
Income from sales and operations [1]
Other business income
5,179,294
5,090,349
88,945
4,053,726
4,005,653
48,073
8,805,474
8,748,575
56,899
26,901,682
26,419,316
482,365
8,884,316
8,710,583
173,733
25,622,478
25,409,140
213,339
10,622,326
10,491,602
130,724
7,325,799
7,290,427
35,373
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
4,887,177
2,809,630
667,323
198,432
2,387,578
208,225
73,017
724,944
174,174
195,227
30,027
102,955
0
61,144
8,773
54,900
24,520
10,625
45,329
45 329
27,512
26,014
* 782
32,369
318,225
43,410
71,089
233,082
111,643
35,678
127,296
317,727
20,077
2,845
0
* 2,326
3,893,542
2,260,074
363,820
73,766
1,764,154
181,715
221,324
344,704
75,588
93,147
30,673
93,945
0
87,699
17,732
46,107
20,698
5,983
20,045
20 045
42,236
34,922
* 572
20,273
149,007
26,471
89,350
334,406
107,731
13,644
108,963
188,627
23,136
* 3,297
0
* 4,889
8,142,318
5,487,897
1,081,797
258,901
4,355,223
408,480
405,186
1,021,690
107,284
199,709
31,510
146,742
0
185,417
11,671
123,409
38,369
11,884
74,485
74 485
72,981
47,183
1,722
28,685
102,268
64,665
110,166
595,132
158,319
18,671
155,115
339,951
27,441
2,323
0
* 892
26,068,128
19,589,570
1,955,652
214,002
17,634,186
803,034
716,631
1,733,936
122,161
252,072
59,657
82,107
* 405
241,842
26,211
189,329
86,257
8,689
106,549
106 549
103,184
53,196
3,785
106,478
780,588
211,584
300,735
1,575,641
424,374
32,344
662,712
1,029,587
8,707
* 722
0
* 1,201
8,169,627
5,515,778
801,064
* 28,028
5,215,261
156,807
98,854
784,235
146,965
220,334
51,559
49,328
* 62
99,625
18,713
52,681
50,937
28,724
31,503
31 503
43,789
65,153
8,436
78,512
273,327
46,666
176,287
507,268
92,528
62,447
129,397
375,161
37,821
7,476
* 15,093
20,933
25,438,559
22,360,230
599,314
371,941
20,836,545
673,193
449,804
570,568
35,545
59,325
45,198
68,156
* 276
186,223
11,775
100,453
40,638
2,239
116,177
116 177
83,304
16,444
740
36,983
300,219
109,136
54,889
730,016
279,962
2,132
285,129
509,470
3,900
* 88
0
*9
10,134,709
5,972,632
2,288,164
34,391
5,441,402
406,355
184,832
2,382,512
213,859
207,236
44,685
34,304
*3
155,746
13,053
102,286
66,861
21,710
35,253
35 253
80,733
95,116
5,147
85,110
919,302
65,962
155,707
682,802
248,428
68,278
237,114
568,625
41,823
5,128
0
5,573
7,277,859
4,661,497
1,818,127
48,179
4,331,732
215,432
159,261
1,911,235
147,276
176,795
50,333
36,109
* 957
136,898
7,656
62,090
40,412
20,796
29,127
29 127
52,933
54,602
* 1,083
8,302
399,846
35,381
88,824
387,925
142,623
64,848
167,348
451,002
47,619
5,268
0
17,314
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
292,420
525,237
-232,817
160,183
360,288
-200,105
663,491
828,515
-165,024
833,826
1,326,676
-492,850
715,129
1,170,397
-455,267
183,671
400,038
-216,368
488,313
1,122,003
-633,691
48,541
577,132
-528,591
Footnotes at end of table.
37
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
Furniture
and home
furnishing
stores
(47)
Building
material and
Electronic
garden
and appliance equipment
stores
and
supplies
dealers
(48)
(49)
Food and
beverage
stores
Health and
personal care
stores
Gasoline
stations
(50)
(51)
(52)
Sporting
Clothing and
goods,
accessories hobby, book,
stores
and music
stores
(53)
(54)
BUSINESSES WITH NET INCOME
Number of returns [1]
30,445
21,685
33,506
57,960
60,487
12,283
78,459
45,880
Business receipts, total [1]
Income from sales and operations [1]
Other business income
3,785,404
3,736,060
49,345
3,172,697
3,131,104
41,593
7,425,178
7,385,784
39,394
22,600,203
22,156,705
443,498
7,895,494
7,804,471
91,024
18,274,250
18,104,077
170,172
8,458,131
8,383,884
74,248
4,839,994
4,821,520
18,474
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
3,260,168
1,899,643
412,388
170,838
1,598,580
129,502
56,182
467,847
105,949
146,779
14,083
70,711
0
34,376
* 2,086
40,701
16,050
6,527
36,383
18 163
18,163
17,153
* 718
16,313
179,745
27,248
42,491
154,003
77,381
19,644
81,058
229,976
18,016
* 2,620
0
* 1,777
2,812,408
1,780,188
257,122
* 71,218
1,339,190
160,360
217,406
265,108
51,953
53,267
10,124
28,051
0
59,017
14,091
28,539
12,135
4,875
11,775
31 795
31,795
16,787
* 572
10,876
75,644
22,373
69,726
233,824
89,792
9,054
71,092
117,423
* 6,926
* 1,456
0
* 2,805
6,596,711
4,546,727
830,274
197,736
3,600,616
352,078
358,806
792,784
82,315
140,412
29,840
128,964
0
131,008
9,928
91,907
31,524
8,743
56,953
53 253
53,253
33,125
1,722
22,113
82,775
42,226
82,008
480,834
117,706
15,119
117,504
267,745
20,614
1,878
0
0
21,273,748
16,387,673
1,456,587
158,189
14,904,624
697,528
590,365
1,419,620
92,495
170,929
38,961
49,345
* 405
149,484
21,813
143,465
58,416
2,906
66,816
63 071
63,071
37,509
2,667
100,135
618,658
162,575
249,936
1,200,118
328,326
18,982
520,555
774,900
3,242
* 152
0
*1
6,725,098
4,934,454
552,816
* 17,119
4,727,352
141,376
82,538
586,748
71,514
91,246
50,260
37,044
0
62,067
17,475
40,410
39,991
14,622
26,346
34 214
34,214
40,481
8,337
60,257
225,477
29,480
72,632
429,966
72,256
30,708
94,474
219,234
15,530
* 3,009
* 620
* 2,220
17,874,211
15,820,880
374,897
285,794
14,698,292
553,430
283,856
375,390
20,791
42,884
27,653
56,574
*8
116,313
8,872
70,465
25,824
1,717
54,035
48 072
48,072
11,605
* 616
22,646
224,359
73,734
30,657
483,523
186,210
1,026
198,090
343,842
* 3,815
* 79
0
0
7,336,139
4,582,983
1,477,739
22,629
4,189,301
338,763
122,646
1,568,096
128,689
135,017
19,243
27,795
0
73,285
9,481
70,917
39,510
12,063
17,381
47 517
47,517
58,147
4,609
40,167
640,584
42,979
79,127
490,568
178,677
44,352
148,525
411,285
20,305
2,323
0
* 359
4,263,329
2,891,642
1,034,403
* 6,083
2,754,085
123,438
98,805
1,125,172
58,555
84,832
45,672
15,686
* 957
59,313
6,361
34,063
22,831
10,538
10,957
19 207
19,207
31,715
* 1,083
2,155
200,354
13,889
34,090
234,705
72,256
31,094
93,767
263,427
18,604
* 1,821
0
* 1,494
Net income [1,2]
525,237
360,288
828,515
1,326,676
1,170,397
400,038
1,122,003
577,132
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
* 6,585
* 32,254
* 4,969
* 27,285
* 2,582
* 5,935
* 2,512
* 3,422
* 2,279
* 8,935
* 1,643
* 7,291
8,534
83,248
* 10,365
72,883
15,008
96,306
6,625
89,680
0
0
0
0
9,668
80,634
* 12,932
67,702
6,704
23,566
* 5,578
17,988
Footnotes at end of table.
38
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
Miscellaneous
General
store
merchandise
stores
retailers
(55)
(56)
Transportation and warehousing
Nonstore
retailers
Total
(57)
(58)
Air and
Water
rail
transportation
transportation
(59)
(60)
General
freight
trucking,
local
General
freight
trucking, longdistance and
specialized
freight
trucking
(61)
(62)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
28,886
570,299
1,057,997
1,154,819
12,672
6,840
241,130
401,096
Business receipts, total [1]
Income from sales and operations [1]
Other business income
2,969,973
2,949,634
20,339
33,568,539
33,230,771
337,768
23,907,848
23,436,405
471,443
82,138,420
80,716,160
1,422,259
1,654,862
1,526,341
128,521
541,453
539,014
2,439
20,571,116
20,346,882
224,235
42,181,814
41,368,293
813,520
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
2,916,923
1,858,955
414,834
* 3,054
1,667,737
67,739
156,880
451,289
24,640
78,419
5,559
17,754
* 34
73,156
* 5,761
31,819
8,757
3,022
31,939
31 939
13,307
10,422
*3
20,644
152,046
14,034
30,138
164,054
62,770
16,106
73,301
214,661
* 5,168
0
0
0
30,721,628
17,892,931
5,292,115
469,265
15,556,886
1,324,301
752,551
5,502,185
498,850
1,456,040
281,853
204,507
7,965
553,558
60,830
340,388
178,426
111,241
196,936
196 936
239,209
285,218
8,415
167,279
1,741,870
237,223
722,749
1,843,229
622,171
289,523
757,468
1,796,711
166,494
20,658
* 3,552
34,095
21,913,357
10,998,371
1,885,557
208,553
9,807,568
515,330
727,084
2,145,720
501,981
2,640,044
285,698
180,539
* 343
531,302
29,067
146,611
163,165
155,752
84,327
84 327
123,496
327,740
5,755
66,551
439,455
140,085
735,768
592,430
242,575
472,893
464,284
2,122,866
353,852
49,178
* 4,133
88,474
71,219,218
8,366,170
203,956
2,388,100
1,910,019
845,693
3,217,671
199,270
204,060
21,152,787
920,605
3,845,383
11,300
5,751,854
83,083
3,056,181
295,448
1,721,508
342,364
342 364
869,270
353,665
6,031
2,211,303
539,256
4,591,730
1,237,324
2,822,237
1,275,387
685,615
993,959
9,516,004
217,205
15,864
* 3,266
6,735
1,780,253
583,302
49,178
19,558
119,745
111,657
351,940
68,777
2,480
19,084
7,570
22,616
249
373,949
4,375
37,929
25,719
17,298
50,033
50 033
59,623
7,198
1,804
13,005
23,055
79,138
10,846
45,368
13,305
42,157
9,844
324,193
5,383
* 448
0
* 176
410,154
91,589
* 238
* 6,680
* 665
* 1,337
* 82,988
* 319
1,696
5,267
* 1,689
3,921
* [4]
98,790
* 3,310
10,889
10,529
2,719
* 691
24,100
3,943
* 28
* 2,948
11,741
16,014
2,351
27,060
4,678
2,524
2,210
81,243
* 182
*6
0
0
17,840,579
2,288,649
17,029
841,433
294,117
291,442
876,121
31,493
29,109
4,908,582
284,781
1,120,603
* 2,969
1,571,254
29,511
909,861
59,449
207,951
84,933
84 933
230,616
85,630
* 1,588
383,866
107,866
1,294,596
327,083
967,878
373,670
150,423
245,979
2,080,430
59,607
4,324
0
* 914
37,526,365
3,754,605
75,271
1,083,919
971,219
161,283
1,495,043
32,130
56,282
11,991,178
448,698
1,980,249
* 8,081
2,994,201
34,240
1,551,239
138,037
1,414,084
109,210
109 210
449,238
156,711
1,671
1,063,719
174,809
2,767,200
676,078
1,114,491
684,691
372,153
441,849
5,004,965
93,540
6,185
* 278
* 982
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
53,049
263,673
-210,623
2,867,432
4,691,208
-1,823,775
2,043,966
4,619,366
-2,575,400
10,963,923
13,663,909
-2,699,986
-102,235
333,653
-435,889
131,405
211,584
-80,179
2,731,105
3,286,407
-555,302
4,655,023
5,621,941
-966,918
Footnotes at end of table.
39
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
Miscellaneous
General
store
merchandise
retailers
stores
(55)
(56)
Transportation and warehousing
Nonstore
retailers
Total
(57)
(58)
Air and
Water
rail
transportation
transportation
(59)
(60)
General
freight
trucking,
local
General
freight
trucking, longdistance and
specialized
freight
trucking
(61)
(62)
BUSINESSES WITH NET INCOME
Number of returns [1]
16,748
322,913
487,248
931,017
8,987
5,140
192,327
322,988
Business receipts, total [1]
Income from sales and operations [1]
Other business income
2,473,905
2,460,478
13,427
26,519,335
26,295,605
223,730
19,294,949
19,061,707
233,242
67,266,486
66,071,411
1,195,074
1,059,025
960,592
98,432
426,465
426,395
* 69
16,424,743
16,271,433
153,310
34,605,893
33,896,013
709,880
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
2,210,232
1,581,361
293,602
* 3,054
1,415,008
* 28,726
* 153,488
312,517
16,675
53,361
* 3,565
* 4,132
0
25,070
* 3,511
24,627
6,509
2,142
21,714
4 671
4,671
6,444
0
18,456
120,464
7,294
14,056
115,715
47,202
10,060
49,529
70,946
* 2,273
0
0
0
21,822,800
13,635,329
2,909,843
372,771
11,761,292
1,096,533
581,701
3,086,810
331,632
935,523
195,564
164,038
7,822
330,160
38,900
223,774
104,592
66,657
105,279
112 793
112,793
170,911
7,264
65,567
1,051,980
144,967
468,379
1,256,674
389,590
181,437
466,569
1,191,747
115,939
8,828
* 3,552
* 2,669
14,676,578
8,279,767
981,605
177,712
7,244,333
392,388
583,218
1,099,489
334,351
1,509,839
192,567
133,531
* 60
302,807
25,315
101,467
76,955
89,036
28,531
61 118
61,118
182,771
4,666
45,616
300,659
92,835
338,658
469,706
158,508
278,620
241,922
1,140,412
178,457
20,030
* 3,112
5,012
53,606,158
6,239,246
94,341
1,865,940
1,691,799
663,619
2,032,357
108,810
155,439
16,354,046
719,002
2,979,578
8,542
3,656,712
55,458
2,276,873
203,217
1,490,271
218,352
513 527
513,527
257,004
3,329
1,759,229
408,006
3,491,366
923,427
1,925,075
946,339
539,599
766,067
7,374,467
192,547
12,772
* 3,266
* 373
726,569
351,642
* 12,243
* 4,706
* 23,434
* 70,774
* 252,138
* 11,653
767
4,546
3,552
15,715
* 100
26,646
* 2,327
8,068
14,851
15,910
* 1,835
8 272
8,272
5,982
* 1,668
2,159
8,451
17,705
8,136
16,750
4,401
32,420
5,880
163,124
* 4,933
* 382
0
0
214,881
* 81,816
0
0
* 134
0
* 81,682
0
* 286
* 2,569
0
* 445
* [4]
42,393
* 3,030
* 4,239
* 1,114
* 675
* 328
* 5,027
5 027
* 1,890
0
* 2,849
* 180
* 3,126
* 350
* 13,192
* 1,549
* 830
* 658
48,111
* 182
*6
0
0
13,138,319
1,435,175
* 8,202
549,936
282,113
237,245
380,050
* 22,371
24,292
3,726,289
205,329
934,560
* 2,961
1,050,249
19,906
671,108
41,024
166,999
64,291
107 210
107,210
68,291
* 70
324,804
79,201
1,010,295
242,778
685,292
269,827
136,711
190,312
1,590,138
57,513
4,188
0
* 373
28,983,526
3,131,982
17,162
931,841
925,538
89,440
1,186,710
18,709
44,837
9,430,948
343,861
1,363,234
* 5,480
2,130,455
23,503
1,181,767
106,557
1,244,319
81,240
325 063
325,063
115,171
868
787,511
141,820
2,143,413
514,923
726,802
513,959
283,625
346,151
3,869,510
81,380
5,569
* 278
0
Net income [1,2]
263,673
4,691,208
4,619,366
13,663,909
333,653
211,584
3,286,407
5,621,941
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
* 2,143
* 7,628
* 455
* 7,173
79,965
352,507
60,544
291,963
93,521
382,233
108,406
273,827
159,361
1,353,760
149,490
1,204,270
* 2,826
* 46,800
* 730
* 46,071
* 1,026
* 4,621
* 42
* 4,579
30,323
297,904
33,695
264,210
34,842
404,845
45,146
359,699
Footnotes at end of table.
40
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing—continued
Net income status, item
School,
Interurban
employee,
Taxi
and
and
and limousine
rural bus
charter bus
service
transportation
industry
Urban
transit
(63)
(64)
(65)
(66)
Support
Other
activities for
Scenic
transit and
transportation
Pipeline
and
ground
(including
transportation sightseeing
passenger
transportation motor vehicle
transportation
towing)
(67)
(68)
(69)
(70)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
0
6,933
165,333
19,583
22,932
* 658
11,945
50,663
Business receipts, total [1]
Income from sales and operations [1]
Other business income
0
0
0
46,014
46,004
* 10
4,995,671
4,923,111
72,560
884,658
883,863
* 795
522,454
515,216
* 7,237
* 75,754
* 75,754
0
290,148
282,353
* 7,795
3,469,136
3,366,603
102,533
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
M
Mortgage
t
interest
i t
t
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
* 26,884
0
0
0
0
0
0
0
* 331
* 4,131
* 3,150
0
0
* 1,562
0
0
* 986
* 968
0
*9
* 1,579
0
0
0
* 150
* 690
* 161
* 15
* 222
* 1,677
* 4,362
* 6,892
* 1,492
* 262
* 1,215
3,718,723
71,142
* 1,308
* 13,100
* 2,157
* 2,419
* 52,486
* 327
49,776
805,065
116,655
34,386
0
165,299
* 2,004
234,104
15,387
13,262
43,869
43 869
28,291
20,247
* 64
554,426
75,891
168,498
51,591
158,207
74,106
24,145
83,793
902,131
7,931
* 1,457
* 140
* 1,087
688,665
* 126,016
* 9,724
* 7,456
0
* 106,929
* 8,342
* 6,435
1,688
85,945
* 25,702
* 18,663
0
56,243
* 2,138
37,906
2,724
2,287
* 13,077
13 077
20,598
6,807
* 34
* 23,293
3,715
31,720
25,441
57,124
12,819
20,266
13,174
93,712
* 537
* 10
0
0
471,459
* 16,911
*4
0
* 7,427
* 941
* 8,614
* 74
1,609
139,634
* 173
* 12,798
0
22,935
* 1,283
21,962
2,391
3,287
* 57
* 5,087
5,612
* 173
* 610
* 4,513
15,220
6,250
* 53,621
5,300
* 2,276
10,587
137,662
* 575
0
0
0
* 95,625
* 13,337
0
* 228
* 18,526
* 73
0
* 5,489
0
* 30,068
* 1,000
0
* [4]
* 23,006
0
* 2,540
* 1,882
* 248
0
* 1,181
* 40
0
0
0
* 13,315
* 674
0
0
* 232
* 10
* 8,077
* 15
0
0
0
320,334
* 11,594
* 79
0
* 391
* 1,132
* 10,093
* 101
9,071
35,211
* 2,675
1,167
0
66,319
* 164
20,679
2,239
925
* 3,129
3 129
6,993
3,542
* 92
* 7,376
16,768
19,432
17,557
13,043
6,421
11,907
5,928
54,489
* 2,342
* 539
0
0
3,057,821
813,173
44,273
* 110,387
292,941
* 103,943
308,428
46,800
31,468
426,723
* 14,243
178,036
0
253,785
5,122
127,501
13,420
23,704
19,660
19 660
25,304
24,990
561
68,963
51,881
106,298
58,928
275,263
64,454
16,709
76,294
372,988
3,789
* 348
0
* 146
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
0
0
0
19,131
* 22,773
* -3,643
1,293,614
1,427,655
-134,041
197,161
213,044
-15,883
50,994
109,296
-58,302
* -19,872
*1
* -19,873
-28,030
46,401
-74,432
411,338
557,750
-146,412
Footnotes at end of table.
41
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year
2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing—continued
Net income status, item
School,
Interurban
Taxi
employee,
and
and limousine
and
rural bus
service
charter bus
transportation
industry
Urban
transit
(63)
(64)
(65)
(66)
Support
Other
Scenic
activities for
transit and
Pipeline
and
transportation
ground
transportation sightseeing
(including
passenger
transportation motor vehicle
transportation
towing)
(67)
(68)
(69)
(70)
BUSINESSES WITH NET INCOME
Number of returns [1]
0
* 4,963
146,455
17,495
** 14,250
**
5,760
38,244
Business receipts, total [1]
Income from sales and operations [1]
Other business income
0
0
0
* 40,273
* 40,263
* 10
4,524,955
4,451,651
73,304
781,706
781,303
* 402
** 350,459
** 350,290
** 169
**
**
**
141,416
141,188
* 228
2,643,274
2,592,666
50,608
Business deductions, total [1,2]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation
Employee benefit programs
Insurance
Legal and professional services
Meals and entertainment deducted
Mortgage interest
Other interest paid on business indebtedness
Office expenses
Pension and profit-sharing plans
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business deductions
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Excessʊcasualty depreciations, Form 8829 [3]
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
* 17,500
0
0
0
0
0
0
0
0
* 2,065
* 2,264
0
0
* 1,562
0
0
* 460
* 918
0
*9
* 1,029
0
0
0
*2
* 690
* 161
* 15
0
* 1,036
* 2,305
* 4,983
* 682
* 262
0
3,100,014
* 45,092
0
* 5,350
* 324
* 2,092
* 37,326
0
36,280
647,488
110,318
24,191
0
114,470
* 209
200,481
9,473
12,756
43,869
19 066
19,066
10,361
*5
499,909
63,440
147,739
35,191
102,519
61,270
19,182
73,131
800,305
* 4,816
* 445
* 140
0
568,662
* 122,586
* 9,694
* 7,456
0
* 106,929
* 4,914
* 6,408
* 1,253
68,423
* 25,581
* 18,405
0
43,653
* 1,762
27,291
1,951
* 1,523
* 10,601
13 641
13,641
6,383
0
* 23,156
* 2,643
26,093
23,217
* 36,684
10,451
* 17,239
11,378
67,176
* 537
* 10
0
0
** 241,162
** 10,551
** 4
** 0
** 1,067
** 941
** 8,614
** 74
** 172
** 63,188
** 5
** 846
** [4]
** 12,584
** 579
** 10,408
** 392
** 115
** 57
** 2,868
2 868
** 165
** 166
** 112
** 207
** 5,298
** 1,652
** 19,757
** 1,127
** 518
** 2,828
** 106,056
** 575
** 0
** 0
** 0
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
95,015
* 7,611
0
0
0
0
* 7,611
0
* 2,401
* 12,818
* 2,450
0
0
* 8,685
* 11
* 5,849
* 441
* 395
* 2,463
0
* 1,776
0
* 31
* 6,721
* 3,504
* 7,890
* 93
* 2,701
* 3,880
* 1,829
* 19,853
* 2,342
* 539
0
0
2,085,547
477,420
41,773
* 70,092
265,838
* 91,671
53,219
45,172
27,592
280,957
* 12,473
170,864
0
139,629
3,701
78,644
7,978
20,446
9,639
19 153
19,153
15,564
* 546
38,609
43,942
61,490
39,132
227,668
52,417
7,610
52,521
289,763
* 3,223
* 202
0
0
Net income [1,2]
0
* 22,773
1,427,655
213,044
** 109,297
**
46,401
557,750
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
0
0
0
0
* 999
* 300
0
* 300
23,962
190,507
18,453
172,054
* 7,116
* 37,824
* 7,035
* 30,788
* 3,842
* 7,836
* 934
* 6,902
0
0
0
0
* 1,291
* 7,907
* 1,270
* 6,637
11,825
113,386
* 4,565
108,821
Footnotes at end of table.
42
Sole Proprietorship Returns, 2007
Statistics of Income Bulletin | Summer 2009
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors,
Tax Year 2007—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Information
Transportation and
warehousing—continued
Net income status, item
Couriers
and
messengers
Warehousing
and
storage
facilities
(71)
(72)
Total
Publishing
industries
(except
Internet)
Motion
picture and
sound
recording
(73)
(74)
(75)
Internet
Broadcasting
(except Internet) publishing
and
and telecommunications broadcasting
(76)
(77)
Internet
service
providers,
Web
search
portals, and
data
processing
(78)
BUSINESSES WITH AND
WITHOUT NET INCOME
Number of returns [1]
211,571
3,464
351,710
74,591
107,185
43,023
9,242
117,669
Business receipts, total [1]
Income from sales and operations [1]
Other business income
6,492,314
6,432,289
60,025
413,027
410,438
2,590
10,208,162
10,100,927
107,235
2,191,455
2,166,158
25,296
3,124,813
3,124,018
795
2,184,904
2,172,112
12,792
238,069
236,770
* 1,299
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