Sole Proprietorship Returns, Tax Year 2014
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Sole Proprietorship Returns, Tax Year 2014
by Adrian Dungan
F
or Tax Year 2014, there were approximately 24.6 million individual income tax returns that reported nonfarm
sole proprietorship activity, a 2.3-percent increase from
2013. Total nonfarm sole proprietorship profits rose to $317.1
billion for 2014, a 4.9-percent increase from 2013. In constant dollars, they increased by 3.2 percent for 2014. Total
profits as a percentage of business receipts were 22.7 percent
for 2014, the second highest level in this data series, which
began in 1988. The largest percentage increase in profits was
reported by the transportation and warehousing sector, which
increased 17.7 percent or $2.2 billion. The professional,
scientific, and technical services sector accounted for 24.7
percent of total profits, which was the largest of any sector.
Total profits in the sector rose to $78.2 billion, a 6.5-percent
increase for 2014.
For sole proprietorships as a whole, receipts increased 3.9
percent, while deductions increased 3.7 percent. The construction sector reported the largest percentages of total business
receipts (15.3 percent) and total business deductions (16.5 percent). The transportation and warehousing sector reported the
largest rise in business receipts, with a 10.7-percent increase.
Among all industrial sectors, the retail trade sector was the only
sector which experienced a downturn in receipts, losing $4.0 billion or 2.1 percent. This sector also reported the only decrease in
deductions, with a decline of $4.1 billion or 2.2 percent.
Returns and Receipts
Between 2013 and 2014, the number of individual income tax
returns reporting nonfarm sole proprietorship activity increased
2.3 percent to 24.6 million (Figure A).1 The transportation
Figure A
Nonfarm Sole Proprietorship Returns, Receipts, and Deductions, by Selected Industrial Sector, Tax Years 2013 and 2014
[Number of returns is in thousands—money amounts are in billions of dollars]
Number of returns
Selected industrial sector
2013
Total business receipts
2014
Percentage
change
2013
Total business deductions [1]
2014
Percentage
change
2013
2014
Percentage
change
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
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
Arts, entertainment, and recreation
Performing arts, spectator sports,
and related industries
24,074.7
2,700.3
2,149.9
345.9
2,379.9
1,180.4
618.3
1,163.4
1,104.2
3,274.6
24,631.8
2,732.0
2,152.5
347.4
2,399.0
1,295.6
626.1
1,144.6
1,091.6
3,329.4
2.3
1.2
0.1
0.4
0.8
9.8
1.3
-1.6
-1.1
1.7
1,341.6
200.5
140.5
54.8
191.9
95.6
78.6
67.7
63.5
174.2
1,393.9
213.2
148.0
57.1
187.9
105.9
81.0
68.1
63.9
180.9
3.9
6.4
5.3
4.2
-2.1
10.7
3.1
0.6
0.7
3.9
1,040.4
166.7
114.0
50.2
181.4
83.0
59.3
43.9
39.8
100.9
1,078.5
177.9
120.8
52.2
177.4
91.1
60.7
43.8
39.5
102.8
3.7
6.7
6.0
4.0
-2.2
9.7
2.4
-0.2
-0.6
2.0
2,601.8
2,115.8
1,512.0
2,639.8
2,145.7
1,545.6
1.5
1.4
2.2
71.5
119.3
37.9
74.7
120.1
40.0
4.5
0.6
5.6
49.4
71.0
28.8
52.4
70.6
30.3
6.1
-0.6
5.2
1,222.4
1,261.3
3.2
29.1
29.2
0.6
20.2
19.9
-1.7
Other services
Personal and laundry services
All other sectors
3,175.2
2,132.7
3,007.2
3,269.8
2,205.7
3,156.9
3.0
3.4
5.0
98.0
52.7
151.5
103.5
56.8
161.4
5.6
7.8
6.5
72.6
34.6
133.3
76.1
37.5
143.3
4.8
8.4
7.5
[1] Total business deductions are calculated before subtraction of nonallowable "passive" activity losses and inclusion of any "passive loss" carryover from prior years.
NOTES: Detail may not add to totals because of rounding. Percentages were calculated before rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
1
For 2014, the 24,633,003 nonfarm sole proprietorship returns accounted for an estimated 27,556,784 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. The
North American Industry Classification System (NAICS) was used to classify data by industries for 2014. These classifications were applied on a “per business” (rather than on a “per establishment”) basis for Statistics of Income by combining various industry groups, although businesses were further combined as described above. While the wording of the industry titles used for
the sole proprietorship statistics diverge somewhat from those appearing in NAICS, the defi nitions are consistent. The North American Industry Classification System for industrial coding
was introduced in Tax Year 1998. Prior to 1998 industries were classified using the Standard Industrial Classification (SIC). Due to coding changes, comparisons between data by industry from
1998–2014 with 1997 and prior years may show inconsistencies. A reason for this was that several types of sole proprietorships under the NAICS system were classified in completely different
industrial groups, which makes prior-year comparisons under the SIC system inappropriate. For example, in 1997, fi nance, insurance, and real estate were classified as one industry under the
SIC system, while, under the NAICS system, the group has been split into two industrial sectors: “fi nance and insurance” and “real estate and rental and leasing.” The industrial sectors based
on the NAICS codes are reported in Tables 1 and 2.
Statistics of Income Bulletin | Fall 2016
www.irs.gov/taxstats
Sole Proprietorship Returns, 2014
and warehousing sector had the largest percentage increase in
number of returns among all sectors, increasing 9.8 percent
for 2014. The largest sector in terms of number of returns was
the professional, scientific, and technical services sector. The
number of returns in this sector rose to 3.3 million, an increase
of 1.7 percent from 2013. The second largest sector based on
returns was the other services sector, which is mainly comprised
of personal and laundry services. This sector had a 3.0-percent
increase in number of returns to 3.3 million.
Total business receipts (the sum of “income from sales and
operations” and “other business income”) for all nonfarm sole
proprietorship industries increased 3.9 percent, from $1,341.6
billion to $1,393.9 billion.2 The industry that had the largest percentage gain in business receipts for 2014 was the transportation
and warehousing sector with an increase of 10.7 percent. The
construction sector, the largest sector in terms of total receipts
at 15.3 percent (Figure J), had the second largest percentage
gain, increasing by 6.4 percent from $200.5 billion to $213.2
billion. Construction also experienced the largest dollar increase
in receipts, which rose by $12.7 billion. The only industry that
showed a decrease in business receipts for 2014 was the retail
trade sector, which declined by 2.1 percent. In constant dollar
terms, total business receipts for nonfarm sole proprietorships
for 2014 increased 2.2 percent to $1,282.5 billion (Figure B),3
still well below the peak level of $1,360.7 billion for 2007.
$166.7 billion for 2013 to $177.9 billion for 2014. The second
largest sector, the retail trade sector, reported the largest percentage decrease in deductions, dropping 2.2 percent ($4.1 billion) to $177.4 billion.
The cost of sales and operations, which represented 38.7
percent of total 2014 business deductions ($416.8 billion), increased 2.8 percent from 2013 (Figure C). Total business “expenses” (total business deductions minus the cost of sales and
operations) were $661.6 billion for 2014, a 4.2-percent increase
from the 2013 amount. The two largest components of total
business expenses were car and truck expenses, accounting for
$92.3 billion (14.0 percent), and salaries and wages, accounting
for $86.7 billion (13.1 percent) (Figure D).
Historically, constant dollar depreciation increased almost
every year from 1993 through 2003.6 From 2004 to 2012, it generally declined (Figure E), but it has increased between 2012
and 2014. Increases in 2003, 2008, and 2010 coincided with
legislative changes to section 179 of the Internal Revenue Code
that substantially increased the amount of certain investment
property that could be expensed in a given year (rather than
depreciated over time). Under the Jobs and Growth Tax Relief
Reconciliation Act of 2003, the maximum allowable section 179
deduction vaulted from $24,000 in 2002 to $100,000 in 2003.
The change led to a constant dollar depreciation increase of 11.7
percent for 2003, which was the highest growth in depreciation
of any year between 1988 and 2014. But the initial jump in depreciation was followed in subsequent years by trends of decreased depreciation, which is consistent with deductions being
accelerated into the year of expensing. From 2004 through 2007,
constant dollar declines of depreciation were reported for all 4
years. This downward trend was even more evident in 2005,
as constant dollar depreciation fell by 11.7 percent, followed
by decreases of 3.2 percent for 2006 and 1.0 percent for 2007.
During this same 4-year period, section 179 limits gradually
Deductions
Total business deductions (“cost of sales and operations” plus
business expenses, including expenses for home office) in current dollars increased 3.7 percent from $1,040.4 billion for 2013
to $1,078.5 billion for 2014 (Figure A).4, 5 In constant dollars,
total business deductions increased 2.0 percent for 2014.
Deductions for the construction sector, the largest sector in
terms of total business deductions, increased 6.7 percent from
2
Statistics for “business receipts, total” in Table 2 represent the total receipts of the business, mainly gross receipts from sales and operations. Business receipts also include miscellaneous business receipts, such as incidental sales of scrap, shown separately in the statistics as “other business income.” However, business receipts 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 their total income on their individual income tax
returns.
3
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
1988
61.974
1995
75.321
2002
85.038
2009
Indices
100.00
1989
64.388
1996
76.695
2003
86.729
2010
101.217
1990
66.774
1997
78.009
2004
89.114
2011
103.307
1991
68.993
1998
78.855
2005
91.981
2012
105.213
1992
70.564
1999
80.061
2006
94.812
2013
106.926
1993
72.244
2000
81.883
2007
97.334
2014
108.682
1994
73.781
2001
83.753
2008
99.250
4
Sole proprietors report personal, i.e., nonbusiness, income and expense items apart from business income or loss, which are 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 the 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.
5
Business deductions include the 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 the Schedule C. In some cases, these expenses were limited. Starting for 2014, sole proprietors could also use a simplified method to determine these
costs by reporting on the Schedule C square footage (up to 300 square feet) used for the home office. The taxpayer then could take $5 per square foot as the expense. 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.
6
Under section 179 of the Internal Revenue Code, the cost of certain tangible property may be treated as a current expense rather than a capital expenditure subject to depreciation deductions.
The Omnibus Budget Reconciliation Act of 1993 (OBRA93) increased the maximum amount of investment that could immediately be deducted on property placed in service after 1992, from
$10,000 to $17,500. The increase in the constant dollar depreciation deductions for 1993, and subsequent decline for 1995, may be attributed, in part, to this provision of OBRA93. 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.
Statistics of Income Bulletin
2
Fall 2016
Sole Proprietorship Returns, 2014
Figure B
Nonfarm Sole Proprietorship Receipts, Deductions, and Profits, Tax Years 1988–2014
[Money amounts are in billions of dollars]
Total business receipts
Tax year
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Total business deductions [1]
Constant dollars [2]
Current
dollars
Net income less deficit (profits)
Constant dollars [2]
Current
dollars
Amount
Percentage
change
Constant dollars [2]
Current
dollars
Amount
Percentage
change
Amount
Percentage
change
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
672.0
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
1,317.4
1,178.4
1,195.5
1,265.9
1,301.6
1,341.6
1,393.9
1,084.3
1,076.0
1,094.1
1,032.9
1,044.6
1,048.1
1,071.6
1,071.9
1,099.5
1,115.8
1,164.5
1,210.8
1,246.9
1,214.1
1,210.9
1,210.9
1,278.7
1,329.5
1,348.3
1,360.7
1,327.4
1,178.4
1,181.2
1,225.4
1,237.1
1,254.7
1,282.5
[3]
-0.8
1.7
-5.6
1.1
0.3
2.2
[4]
2.6
1.5
4.4
4.0
3.0
-2.6
-0.3
0.0
5.6
4.0
1.4
0.9
-2.4
-11.2
0.2
3.7
1.0
1.4
2.2
545.7
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
1,044.3
1,053.7
934.5
929.0
984.2
997.6
1,040.4
1,078.5
880.5
870.0
882.4
827.9
826.3
831.6
845.5
847.2
869.0
876.7
908.2
951.1
984.8
954.8
951.2
945.7
1,001.4
1,036.5
1,055.9
1,073.0
1,061.7
934.5
917.8
952.7
948.1
973.0
992.3
[3]
-1.2
1.4
-6.2
-0.2
0.6
1.7
0.2
2.6
0.9
3.6
4.7
3.5
-3.1
-0.4
-0.6
5.9
3.5
1.9
1.6
-1.1
-12.0
-1.8
3.8
-0.5
2.6
2.0
126.3
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
264.5
244.8
267.7
282.6
304.9
302.3
317.1
203.8
206.1
211.8
205.1
218.2
216.6
226.1
224.7
230.5
239.3
256.5
259.7
262.2
259.6
260.0
265.6
277.8
293.5
293.2
288.2
266.5
244.8
264.5
273.6
289.8
282.7
291.7
[3]
1.1
2.7
-3.1
6.4
-0.8
4.4
-0.6
2.6
3.8
7.2
1.3
1.0
-1.0
0.2
2.1
4.6
5.6
-0.1
-1.7
-7.5
-8.1
8.0
3.4
5.9
-2.4
3.2
[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 less deficit. Therefore, total business receipts minus total business deductions may not always equal net income less deficit.
[2] Current dollars are the value of a dollar at the time it was measured. 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 2009 = 100.
[3] Not calculated.
NOTE: Percentages were calculated before rounding.
[4] Less than 0.05 percent.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
increased for inflation, finally rising to $125,000 for 2007.7 For
2008, the section 179 limit was doubled to $250,000, and there
was a 2.5-percent increase in constant dollar depreciation. The
$250,000 limit remained for 2009 and depreciation dropped
17.3 percent, which was the largest decrease since at least 1988.
For 2010, the section 179 limit was again doubled to $500,000,
and constant dollar depreciation increased but only by 0.4 percent from $34.5 billion to $34.7 billion. The limit was increased
as part of stimulus packages in response to the Great Recession.8
The section 179 limit remained $500,000 for Tax Years 2011
through 2014. For 2011, constant dollar depreciation dropped
by 0.7 percent and for 2012 it dropped another 5.6 percent down
to $32.5 billion, the lowest level over the 27 years of this study.
For 2013 and 2014, constant dollar depreciation rose by 1.7 percent both years and is $33.6 billion for 2014, which is almost the
same amount as for 1991.
7
Under the Jobs and Growth Tax Relief Reconciliation Act of 2003, the maximum amount of a section 179 deduction increased from $24,000 for 2002 to $100,000 for 2003; $102,000 for
2004; $105,000 for 2005; and $108,000 for 2006. This was further expanded to $125,000 for 2007 by the Small Business and Work Opportunity Tax Act of 2007 (PL 110-28). 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.
8
For 2008, the Economic Stimulus Act of 2008 increased the maximum expensing deduction under section 179 to $250,000. The American Recovery and Reinvestment Act of 2009 extended
that level through 2009. For all individual tax returns that filed Form 4562, Depreciation and Amortization, the section 179 property deducted as an expense increased by 5.1 percent to $49.8
billion for 2008. For 2009, when the maximum 179 deduction remained at $250,000, the amount deducted for all returns decreased by 17.2 percent to $41.3 billion. The amount deducted as
section 179 property on returns that had a Schedule C dropped 19.6 percent to $16.2 billion between 2008 and 2009. For 2010, the amount taxpayers were able to deduct as section 179 property
increased to $500,000. This was in accordance with the Small Business Jobs and Credit Act of 2010. The amount deducted by returns with a Schedule C increased to $18.8 billion, representing a
15.6-percent increase from 2009. For 2010, the amount deducted on all individual returns increased to $49.6 billion, a 20.3-percent increase from 2009. These numbers do not reflect depreciation
solely deducted on the Schedule C, as this could also include depreciation taken on the Schedule E, Supplemental Income and Loss, the Schedule F, Profit or Loss from Farming, and the Form
4835, Farm Rental Income and Expenses.
Statistics of Income Bulletin
3
Fall 2016
Sole Proprietorship Returns, 2014
Figure D
Components of Nonfarm Sole Proprietorship Business Expenses
as a Percentage of Total Business Expenses, Tax Year 2014
Figure C
Components of Nonfarm Sole Proprietorship Business
Deductions, Tax Years 2013 and 2014
[Money amounts are in millions of dollars]
Business deductions
Business deductions, total [1]
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
Materials and supplies
Other costs
Inventory, end of year
Business expenses, total
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depletion
Depreciation [2]
Employee benefit programs
Home office business deductions [2]
Depreciation, Form 8829
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
Salaries and wages
Supplies
Taxes paid
Travel
Utilities
Other business expenses [3]
Schedule C-EZ business expenses
Business expenses
2013
2014
Percentage
increase
(1)
(2)
(3)
1,040,388.8
405,646.2
40,341.6
32,792.1
259,752.1
51,766.9
62,627.6
41,634.1
634,742.5
14,912.6
89,043.0
14,171.4
47,646.4
1,047.5
35,378.6
3,105.4
9,593.5
1,266.3
17,994.6
11,574.5
9,511.8
3,426.7
1,078,490.0
416,840.5
41,257.8
33,097.1
256,014.3
56,559.5
73,156.6
43,244.8
661,649.5
14,999.7
92,320.0
14,236.3
53,539.8
898.4
36,568.9
3,007.7
9,469.9
1,234.8
18,707.9
12,058.7
9,539.2
3,190.3
3.7
2.8
2.3
0.9
-1.4
9.3
16.8
3.9
4.2
0.6
3.7
0.5
12.4
-14.2
3.4
-3.1
-1.3
-2.5
4.0
4.2
0.3
-6.9
5,579.3
5,627.4
0.9
12,349.6
1,121.9
9,253.9
36,083.4
17,767.5
83,238.9
35,105.2
18,850.2
14,201.7
31,150.4
110,118.4
4,579.0
12,776.5
1,108.5
10,090.8
36,746.5
18,494.6
86,743.0
36,662.7
19,358.4
15,344.2
31,640.5
113,958.2
4,578.1
3.5
-1.2
9.0
1.8
4.1
4.2
4.4
2.7
8.0
1.6
3.5
[4]
Total interest
1.3
Office expenses
1.9
Commissions
2.2
Advertising expenses
2.3
Travel
2.3
Repairs
2.8
Insurance
2.8
Taxes paid
2.9
Utilities
4.8
Depreciation [1]
5.5
Supplies
5.5
Rent paid on machinery, equipment,
and other business property
7.1
Contract labor
8.1
Salaries and wages
13.1
Car and truck expenses
14.0
Other business deductions [2]
23.4
0
5
10
15
20
25
30
Percentage of total business expenses
[1] 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 [2]
below.
[2] Includes depletion; employee benefit programs; legal and professional services; pension and profit-sharing plans; meals and entertainment; home office; and other business expenses. “Other business deductions” also includes all Schedule C-EZ, Net Profit from Business, deductions ($4.6 billion).
NOTES: “Total business expenses” equals all business deductions minus cost of sales and operations. Percentages are based on an estimated total business expense of $661.6 billion. Detail may not
add to 100 percent because of rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
report a loss from the business; had only one business as a sole
proprietor; had no employees; were not required to file Form
4562, Depreciation and Amortization, for the business; claimed
no deduction for home business expenses; and had no prior-year
disallowed passive activity losses from the business. Since taxpayers using Schedule C-EZ did not itemize business deductions, the detailed deductions in Table 2 are slightly understated
and do not add to the totals.
For Tax Year 2014, approximately 5.0 million taxpayers filed
the Schedule C-EZ, marking a 3.7-percent increase from the
number filed for 2013. In the administrative and support sector
(the largest sector of filers of this schedule), taxpayers filed
0.8 million Schedule C-EZ returns, or 30.2 percent of the total
sole proprietorship returns for that sector (Figure F).9 For 2014,
business receipts from Schedule C-EZ filers totaled $39.8 billion, or 2.9 percent of total business receipts reported. Business
[1] Total business deductions are before subtraction of nonallowable "passive" activity losses and
any "passive loss" carryover from the prior years.
[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.
[3] Other business expenses includes some expenses from electronically filed Schedule C-EZ
returns.
[4] Less than 0.05 percent.
NOTES: Detail may not add to totals because of rounding. Percentage increases were calculated
before rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
Beginning with Tax Year 1992, certain smaller businesses
could elect not to itemize depreciation and other business deductions by filing the Schedule C-EZ, Net Profit from Business,
a simplified version of Schedule C, Profit or Loss from Business.
(Schedules C and C-EZ are the sources of nonfarm sole proprietorship statistics.) For Tax Year 2014, 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
9
Based on the NAICS system, 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.
Statistics of Income Bulletin
4
Fall 2016
Sole Proprietorship Returns, 2014
Figure E
Nonfarm Sole Proprietorship Net Income, Deficit, and Depreciation, Tax Years 1988–2014
[Money amounts are in billions of dollars]
Current dollars [1]
Tax year
Constant dollars [1]
Percentage change in constant dollars [1]
Net income
Deficit
Depreciation [2]
Net income
Deficit
Depreciation [2]
Net income
Deficit
Depreciation [2]
(5)
(6)
(7)
(8)
(9)
(1)
(2)
(3)
(4)
1988
145.5
19.2
26.1
234.8
31.0
42.1
[3]
[3]
[3]
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
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
325.3
308.9
323.2
337.0
357.1
357.4
374.5
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
60.8
64.1
55.5
54.3
52.2
55.1
57.5
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
41.4
34.5
35.1
35.6
34.2
35.4
36.6
236.7
242.2
235.4
245.9
245.0
254.5
254.5
260.9
269.8
286.8
291.5
299.5
298.7
302.6
310.3
326.0
342.2
344.7
344.3
327.7
308.9
319.3
326.2
339.4
334.3
344.6
30.6
30.3
30.3
27.6
28.4
28.5
29.8
30.5
30.5
30.3
31.8
37.3
39.2
42.5
44.7
48.2
48.7
51.4
56.0
61.2
64.1
54.8
52.6
49.6
51.6
52.9
38.1
35.5
33.5
33.0
34.6
35.5
34.8
35.7
36.7
36.9
38.3
39.3
39.9
43.1
48.1
48.1
42.5
41.1
40.7
41.8
34.5
34.7
34.5
32.5
33.1
33.6
0.8
2.3
-2.8
4.5
-0.4
3.9
[4]
2.5
3.4
6.3
1.6
2.7
-0.3
1.3
2.5
5.1
5.0
0.7
-0.1
-4.8
-5.7
3.4
2.2
4.0
-1.5
3.1
-1.2
-1.1
0.1
-8.8
2.7
0.3
4.8
2.1
0.2
-0.7
4.8
17.2
5.1
8.7
5.1
7.7
1.2
5.5
9.0
9.2
4.7
-14.4
-4.1
-5.7
4.0
2.5
-9.6
-6.7
-5.7
-1.4
4.8
2.6
-1.9
2.4
2.8
0.7
3.6
2.7
1.5
8.0
11.7
[4]
-11.7
-3.2
-1.0
2.5
-17.3
0.4
-0.7
-5.6
1.7
1.7
[1] Current dollars are the value of a dollar at the time it was measured. 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 2009 = 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 changes were calculated before rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
deductions reported on Schedule C-EZ returns accounted for
only 0.4 percent of total business deductions for all industries,
or $4.6 billion of the total $1,078.5 billion. Despite having the
largest concentration of Schedule C-EZ filers, the receipts and
deductions from Schedule C-EZ filers in the administrative and
support services sector accounted for only 8.2 percent of that
sector’s total business receipts and 1.4 percent of that sector’s
total business deductions.
increased 4.9 percent from $302.3 billion for 2013 to $317.1
billion for 2014. The professional, scientific, and technical services sector reported the largest percentage of total profits of all
nonfarm sole proprietorships, with 24.7 percent ($78.2 billion),
and had a 6.5-percent increase in profits for 2014. The second
largest sector by profits, health care and social assistance, also
reported an increase in profits, rising 2.4 percent to $49.5 billion. The largest percentage increase in profits was realized in
the transportation and warehousing sector, which jumped 17.7
percent for a gain of $2.2 billion.
In constant dollars, total profits rose by 3.2 percent for 2014
(Figure B). In general, net income less deficit as a percentage of
total business receipts for 1988 through 2014 has increased over
time from a low of 18.8 percent for 1988, the exceptions being
the periods leading up to the recession in the early 2000s and
the Great Recession starting in 2008 (Figure I). Since 2010, net
income less deficit as a percentage of total business receipts has
Profits and Losses
For 2014, all of the largest industrial sectors reported increased
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 the percentage change in profits by selected industrial sector between
2013 and 2014, and Figure H presents selected industrial sector
profits for 2014 as a percentage of total profits.10 Total profits
10
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.
Statistics of Income Bulletin
5
Fall 2016
Sole Proprietorship Returns, 2014
Figure F
All Nonfarm Sole Proprietorship Returns and Those with Schedule C-EZ, by Selected Industrial Sector, Tax Year 2014
[Number of returns is in thousands—money amounts are in millions of dollars]
Number of returns
Total business receipts
Percentage
of
total
(3)
Percentage
of
total
(6)
Total business deductions [1]
(1)
With
Schedule
C-EZ
(2)
(4)
On
Schedule
C-EZ
(5)
(7)
On
Schedule
C-EZ
(8)
All nonfarm industries
24,631.8
4,995.2
20.3
1,393,884.2
39,791.0
2.9
1,078,490.0
4,578.1
0.4
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 sectors
2,732.0
347.4
2,399.0
1,295.6
626.1
1,144.6
469.3
38.7
320.6
156.9
65.5
91.5
17.2
11.1
13.4
12.1
10.5
8.0
213,247.0
57,071.7
187,940.6
105,858.1
81,021.2
68,090.7
3,969.9
244.5
1,913.0
1,173.9
664.6
1,205.0
1.9
0.4
1.0
1.1
0.8
1.8
177,899.7
52,212.4
177,366.2
91,052.3
60,696.6
43,771.8
431.0
29.0
278.4
175.3
65.5
126.9
0.2
0.1
0.2
0.2
0.1
0.3
3,329.4
563.2
16.9
180,908.5
6,908.5
3.8
102,842.7
605.3
0.6
2,639.8
2,145.7
1,545.6
3,269.8
3,156.9
798.4
583.9
328.5
750.2
828.5
30.2
27.2
21.3
22.9
26.2
74,734.4
120,066.0
40,016.7
103,484.9
161,444.3
6,152.6
5,366.8
1,540.8
6,155.6
4,495.7
8.2
4.5
3.9
5.9
2.8
52,391.6
70,587.4
30,302.2
76,089.4
143,277.7
738.4
498.7
303.5
785.4
540.8
1.4
0.7
1.0
1.0
0.4
Selected industrial sector
Total
Total
Total
Percentage
of
total
(9)
[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 expenses 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.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
Figure G
Nonfarm Sole Proprietorship Profits, by Selected Industrial
Sector, Tax Years 2013 and 2014
Figure H
Nonfarm Sole Proprietorships: Selected Industrial Sector
Profits as a Percentage of Total Profits, Tax Year 2014
[Money amounts are in billions of dollars]
Selected industrial sector
Selected industrial sector
Net income less deficit (profits)
Percentage
2013
2014
change
(1)
(2)
All nonfarm industries
302.3
317.1
4.9
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
Arts, entertainment, and recreation
Performing arts, spectator sports,
and related industries
Other services
Personal and laundry services
All other sectors
33.9
26.6
4.6
10.6
12.7
19.4
23.9
23.8
73.5
35.6
27.3
4.9
10.7
14.9
20.4
24.5
24.4
78.2
5.0
2.6
5.6
1.4
17.7
5.2
2.5
2.9
6.5
22.2
48.4
9.3
22.4
49.5
10.0
1.0
2.4
7.8
8.9
25.5
18.1
18.5
9.4
27.5
19.3
18.5
6.0
7.6
6.6
[1]
Wholesale trade (merchant wholesalers)
1.5
Arts, entertainment, and recreation
3.2
Retail trade
3.4
(3)
Transportation and warehousing
4.7
All other sectors
5.8
Finance and insurance
6.4
Administrative and support and waste
management and remediation services
7.1
Real estate and rental and leasing
7.7
Other services
8.7
Construction
11.2
Health care and social assistance
15.6
Professional, scientific, and technical services
24.7
0
NOTES: Detail may not add to totals because of rounding. Percentage changes were calculated
before rounding.
[1] Less than 0.05 percent.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
5
10
15
20
25
Percentage of total profits
NOTES: Percentages are based on estimated total profits of $317.1 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.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
Statistics of Income Bulletin
6
Fall 2016
30
Sole Proprietorship Returns, 2014
Figure I
Nonfarm Sole Proprietorship Net Income Less Deficit (Profits) as a Percentage of Total Business Receipts, Tax Years 1988–2014
Percentage
25
24
23.4
23
22.7
22.4
22.5
22.1
22.0
22.3
21.9
22
21.7
21.4
21.5
21.4
21.1
21.7
21.5
21.2
20.9
21
21.0
21.0
21.0
20.8
20.7
20
19.9
20.1
19.4
19.2
19
18.8
8
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Tax year
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
been between 22.4 and 23.4 percent, and for 2014 stands at 22.7
percent. Looking at net income and deficit separately, for 2014,
net income (in constant dollars) increased by 3.1 percent, and
deficit (in constant dollars) increased by 2.5 percent (Figure E).
a level of $317.1 billion. In constant dollars, total nonfarm sole
proprietorship profits for 2014 increased 3.2 percent after decreasing 2.4 percent between 2012 and 2013. The professional,
scientific, and technical services sector had the largest profits of
any sector, at $78.2 billion, representing 24.7 percent of total
sole proprietorship profits, followed by the health care and
social assistance sector, at $49.5 billion or 15.6 percent of total
profits. The largest percentage increases in profits were by transportation and warehousing (17.7 percent) and arts, entertainment, and recreation (7.8 percent). The professional, scientific,
and technical services sector experienced the largest increase in
dollar value for profits, gaining $4.8 billion. For all sole proprietorships, business receipts increased 3.9 percent, and the largest industrial sector, based on business receipts, was the construction sector, accounting for 15.3 percent. Transportation and
warehousing had the largest increase in receipts at 10.7 percent.
The retail trade sector was the only sector that experienced a
downturn in receipts from 2013 to 2014, decreasing $4.0 billion.
For all sole proprietorships, deductions increased 3.7 percent,
with the transportation and warehousing sector having the largest percentage increase in deductions at 9.7 percent.
Limited Liability Companies
Tax Year 2001 was the first year for which data became available on the number of limited liability companies (LLCs) among
nonfarm sole proprietorship returns. LLC entities have limited
liability (like corporations), but they may be taxed as sole proprietorships (for which income and expenses flow through to
the owner to be taxed), if they are owned by a single individual. For 2001, there were 126,437 sole proprietorship returns
that indicated status as an LLC or just 0.7 percent of total sole
proprietorship returns (Figure K). In contrast, for Tax Year
2014, there were 1,619,099 such sole proprietorships, which accounted for 6.6 percent of the total nonfarm sole proprietorship
returns, nearly a 13-fold increase since 2001. The LLC business
receipts share of the total nonfarm sole proprietorship business
receipts has also risen during this period from approximately 2.3
percent in 2001 to 24.5 percent for 2014 (Figure L). Similarly,
the portion of total net income (less deficit) of all nonfarm sole
proprietorships attributable to LLCs increased from 1.0 percent
for 2001 to 13.7 percent for 2014.
Data Sources and Limitations
The 2014 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 2015.
Returns in the sample were stratified based on: (1) the presence
Summary
Profits for the 24.6 million returns with sole proprietorship activity for Tax Year 2014 increased by 4.9 percent from 2013, to
Statistics of Income Bulletin
7
Fall 2016
Sole Proprietorship Returns, 2014
Figure J
Nonfarm Sole Proprietorships: Selected Industrial Sector
Receipts as a Percentage of Total Business Receipts,
Tax Year 2014
Figure K
Number of Nonfarm Sole Proprietorships Registered as Limited
Liability Companies (LLCs), Tax Years 2001–2014
Tax year
Selected industrial sector
2014
Arts, entertainment, and recreation
1,619,099
2.9
2013
Wholesale trade (merchant wholesalers)
1,474,592
4.1
2012
Real estate and rental and leasing
4.9
Administrative and support and waste
management and remediation services
5.4
Finance and insurance
5.8
2011
1,125,132
2010
Other services
7.4
Transportation and warehousing
7.6
Health care and social assistance
1,324,196
1,059,910
2009
991,809
2008
842,819
8.6
2007
All other industries
746,885
11.6
2006
Professional, scientific, and technical services
13.0
Retail trade
13.5
606,889
2005
Construction
2004
15.3
0
5
10
15
455,734
20
309,665
2003
220,615
Percentage of total business receipts
NOTES: Percentages are based on estimated total business receipts of $1.4 trillion. Detail may not
add to 100 percent because of rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
2002
145,839
2001
126,437
0
or absence of Schedule C, Profit or Loss From Business (Sole
Proprietorship), or Schedule C-EZ, Net Profit From Business,
and Schedule F, Farm Income and Expenses; (2) the larger
of positive income or negative income (i.e., “adjusted gross
income” before statutory adjustments); and (3) tax year. The returns were selected at rates that ranged from 0.1 percent to 100
percent. The 2014 nonfarm sole proprietorship data are based on
a sample of 91,665 returns and a population of 25,010,078 returns.11 The corresponding data for 2013 were based on a sample
of 88,237 returns and a population of 24,398,535 returns.
Since the data presented in this article are estimates based
on a sample of returns filed, they are subject to sampling error.
To properly use the statistical data estimates provided, the
magnitude of the potential sampling error must be known; coefficients of variation (CVs) are used to measure that magnitude. Estimated coefficients of variation have been calculated
for total business receipts, total business deductions, depreciation, net income, and deficit, and are in percentages by selected
500,000
1,000,000
1,500,000
Number of returns filed by nonfarm sole proprietorships registered as LLCs
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
industrial sector (Figure M). Generally, the smaller the coefficient of variation, the more reliable the estimate is judged to
be. The SOI Sampling Methodology and Data Limitations section of the SOI Bulletin, available at www.irs.gov/pub/irs-soi/
sampling.pdf, discusses the reliability of estimates based on
samples and the use of coefficients of variation for evaluating
the precision of estimates based on samples.
Adrian Dungan is an economist with the Individual Return Analysis
Section. This article was prepared under the direction of Michael Weber,
Chief, with technical assistance provided by Michael Strudler, Chief,
Individual Research Section.
11
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 and tentative returns are not reflected in these statistics.
Statistics of Income Bulletin
8
Fall 2016
Sole Proprietorship Returns, 2014
Figure L
Number of Returns, Business Receipts, and Profits for All Nonfarm Sole Proprietorships and Those Registered as Limited Liability
Companies (LLCs), Tax Years 2001–2014
[Money amounts are in millions of dollars]
Number of returns
Nonfarm sole
proprietorships
registered
as LLCs
Tax
year
All nonfarm
sole
proprietorships
(1)
(2)
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
18,338,190
18,925,517
19,710,079
20,590,691
21,467,566
22,074,953
23,122,698
22,614,483
22,659,976
23,003,656
23,426,940
23,553,850
24,074,684
24,631,831
126,437
145,839
220,615
309,665
455,734
606,889
746,885
842,819
991,809
1,059,910
1,125,132
1,324,196
1,474,592
1,619,099
Total business receipts
LLCs as a
percentage of all
nonfarm sole
proprietorships
(3)
0.7
0.8
1.1
1.5
2.1
2.7
3.2
3.7
4.4
4.6
4.8
5.6
6.1
6.6
Nonfarm sole
proprietorships
registered
as LLCs
All nonfarm
sole
proprietorships
(4)
(5)
1,016,834.7
1,029,691.8
1,050,202.4
1,139,523.8
1,222,880.2
1,278,359.8
1,324,403.1
1,317,443.0
1,178,437.1
1,195,538.6
1,265,939.2
1,301,569.7
1,341,571.1
1,393,884.2
23,357.8
39,239.7
55,626.8
82,850.7
119,603.0
151,746.2
185,837.7
205,646.0
205,194.2
220,116.9
244,024.9
291,350.5
316,224.9
342,093.6
Net income less deficit
LLCs as a
percentage of all
nonfarm sole
proprietorships
All nonfarm
sole
proprietorships
(6)
2.30
3.81
5.30
7.27
9.78
11.87
14.03
15.61
17.41
18.41
19.28
22.38
23.57
24.54
LLCs as a
Nonfarm sole
proprietorships percentage of all
nonfarm sole
registered
proprietorships
as LLCs
(7)
(8)
217,385.1
221,113.3
230,308.1
247,567.2
269,920.0
278,032.6
280,557.0
264,508.4
244,821.8
267,699.7
282,649.9
304,895.9
302,269.6
317,058.1
2,259.1
3,378.8
3,847.6
6,743.7
10,902.8
14,270.5
16,235.2
18,215.2
18,522.8
23,915.5
27,093.8
35,841.0
37,151.5
43,427.4
(9)
1.04
1.53
1.67
2.72
4.04
5.13
5.79
6.89
7.57
8.93
9.59
11.76
12.29
13.70
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
Figure M
Nonfarm Sole Proprietorships: Coefficients of Variation for Selected Items, by Selected Industrial Sector, Tax Year 2014
[Coefficients of variation are in percentages]
Coefficients of variation
Industrial sector
All nonfarm industries
Construction
Specialty trade contractors
Wholesale trade
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
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)
(236100-238990)
(238110-238990)
(423100-425120)
(441110-454390)
(481000-493100)
(522100-524290)
(531100-532400)
(531100-531390)
(541100-541990)
0.55
2.11
2.52
4.16
2.18
2.59
2.33
2.77
2.89
1.70
0.62
2.22
2.67
4.23
2.18
2.61
2.31
3.06
3.26
2.03
1.50
4.53
5.38
8.05
4.65
4.69
7.46
5.84
7.84
4.74
0.72
2.46
2.80
6.75
3.32
3.46
3.70
3.40
3.45
1.94
1.41
5.74
6.99
8.83
4.09
6.98
4.27
5.15
5.65
4.42
(561110-562000)
(561110-562000)
(711100-713900)
2.87
1.88
3.30
3.38
2.05
3.50
6.71
4.18
6.87
2.85
2.24
3.93
6.17
6.52
4.92
(711100-711510)
(811110-812990)
(812111-812990)
3.75
2.60
3.07
2.04
4.07
2.96
3.58
2.08
9.80
6.24
8.36
3.38
4.23
2.52
3.00
2.77
5.84
5.56
7.07
3.25
[1] Excludes depreciation claimed on Form 8829, Expenses for Business Use of Your Home.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, October 2016.
Statistics of Income Bulletin
9
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014
[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
Number
of returns
Business
receipts
(1)
(2)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
(3)
24,631,831 1,393,884,201
(4)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
Net income
less deficit
(5)
(6)
(7)
(8)
37,803,690
10,090,787
36,746,526
8,817,685
119,840,104
317,058,087
Agriculture, forestry, hunting, and fishing
308,090
20,218,905
1,786,674
132,772
135,843
228,272
1,829,330
977,801
Animal production (including breeding
of cats and dogs)
45,926
1,221,167
184,113
7,375
7,844
22,467
122,378
-461,643
Forestry and logging (including forest
nurseries, timber tracts)
46,305
4,806,243
536,491
51,087
12,214
61,333
312,193
350,223
Fishing, hunting, and trapping
75,478
3,410,040
407,677
29,999
62,333
46,707
78,464
367,264
Support activities for agriculture and forestry
140,382
10,781,455
658,393
44,312
53,453
97,764
1,316,295
721,957
121,341
14,956,446
1,223,778
134,615
88,244
181,606
1,165,184
1,408,587
Oil and gas extraction
99,351
10,678,019
907,126
41,369
56,514
143,997
568,646
688,175
Other mining
4,347
1,037,617
88,998
44,004
5,494
17,434
196,154
2,978
Support activities for mining
17,644
3,240,810
227,653
49,242
26,236
20,175
400,384
717,434
Mining
14,108
1,086,052
133,682
3,289
4,404
8,492
14,211
-11,930
2,731,987
213,246,990
5,802,716
1,242,156
1,515,935
1,045,775
23,857,560
35,579,919
Construction of buildings
519,570
56,697,600
1,124,200
227,527
289,775
300,572
6,102,424
7,636,216
Heavy and civil engineering construction
59,922
8,565,070
438,001
67,528
77,607
92,497
1,241,311
645,808
2,152,495
147,984,320
4,240,516
947,101
1,148,552
652,706
16,513,826
27,297,895
Utilities
Construction
Specialty trade contractors
366,257
33,070,984
1,250,013
162,019
839,326
231,975
4,132,648
3,757,927
Food manufacturing
59,927
5,423,859
225,393
18,896
174,999
50,896
469,842
122,574
Textile and textile product mills
14,587
892,843
73,814
* 26,536
* 20,199
* 4,327
* 44,588
68,822
Apparel
26,987
1,370,901
68,638
14,349
63,048
6,977
143,633
158,794
Manufacturing
Leather and allied products
4,533
112,826
* 3,172
* 78
* 525
* 194
* 21,247
21,459
Wood products
31,043
3,755,319
126,962
13,755
47,623
32,356
436,525
386,704
Paper products
* 2,332
* 105,006
* 9,034
* 164
* 1,708
* 2,012
* 8,978
* -4,884
Printing and related support activities
40,133
1,925,784
70,559
13,487
49,610
12,902
174,037
201,388
Petroleum and coal products
1,427
299,703
* 4,727
* 2,272
* 4,847
* 1,368
* 11,677
69,748
Chemical manufacturing
13,851
899,447
31,455
* 302
11,382
3,866
98,574
134,971
Plastic and rubber products
2,198
1,005,291
4,345
* 3,652
18,472
2,372
112,280
129,574
Nonmetallic mineral products
5,889
707,940
33,002
5,232
3,648
7,009
87,740
76,871
Primary metal industries
5,196
631,725
35,236
* 232
* 8,475
* 3,408
* 74,715
52,061
Fabricated metal products
27,991
3,872,077
209,025
11,360
57,632
36,661
632,710
593,732
Machinery
19,093
1,681,128
80,783
21,555
75,222
11,095
288,424
257,236
Computer and electronic products
10,068
384,529
49,704
* 560
* 15,598
* 9,114
* 46,836
51,674
Electrical equipment, appliances, and
components
9,900
587,735
30,084
* 214
8,600
5,985
71,461
18,880
Transportation equipment
8,146
494,707
8,128
* 775
* 23,285
* 3,941
75,124
-17,536
Furniture and related products
25,610
2,677,621
68,763
5,345
103,422
9,439
637,531
411,436
Miscellaneous manufacturing
57,346
6,242,543
117,186
23,255
151,030
28,054
696,725
1,024,424
347,394
57,071,679
595,737
225,232
826,147
200,380
2,160,068
4,863,004
Durable goods, including machinery, wood,
metals, etc.
156,737
25,534,792
313,219
125,753
429,507
100,119
1,150,057
2,123,345
Nondurable goods, including food, fiber,
chemicals, etc.
127,545
23,864,803
232,520
75,770
311,569
94,024
812,432
1,790,268
Wholesale electronic markets and agents
and brokers
Retail trade
63,112
7,672,085
49,998
23,709
85,071
6,237
197,579
949,391
2,398,964
187,940,650
2,400,062
607,790
5,572,810
1,132,713
9,788,888
10,736,671
Motor vehicle and parts dealers
130,269
37,398,464
310,265
68,797
511,672
255,909
1,480,564
1,157,521
Furniture and home furnishing stores
37,792
3,711,452
62,895
34,135
202,434
45,419
384,510
257,134
Electronic stores and household appliance stores
16,434
3,146,985
33,194
75,658
47,321
10,061
251,531
177,186
Wholesale trade (merchant wholesalers)
Building material and garden equipment and
supplies dealers
32,069
6,565,493
158,684
20,804
62,393
50,221
583,110
451,380
Food and beverage stores
102,062
26,996,012
247,216
59,117
910,971
89,903
1,738,676
848,128
Health and personal care stores
134,121
7,719,400
65,697
23,569
252,612
29,596
589,575
487,732
Gasoline stations
17,253
20,241,765
174,952
24,131
246,492
109,532
756,856
224,822
Clothing and accessories stores
145,553
9,465,472
103,650
37,659
765,036
52,150
655,733
743,115
Sporting goods, hobby, book, and music stores
106,266
6,887,282
108,351
22,225
312,175
96,193
359,665
323,431
Footnotes at end of table.
Statistics of Income Bulletin
10
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
All nonfarm industries
Number
of returns
Business
receipts
(9)
(10)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
(11)
Interest paid
deduction [1,3]
Payroll [1,4]
(13)
(14)
(15)
Net income
(16)
24,872,869
7,779,037
28,010,235
5,570,671
96,170,053
374,540,376
Agriculture, forestry, hunting, and fishing
195,119
16,629,192
947,277
62,645
94,688
136,118
1,461,055
2,808,065
Animal production (including breeding
of cats and dogs)
14,017
825,448
63,990
* 99
* 1,673
* 4,188
95,383
193,853
Forestry and logging (including forest
nurseries, timber tracts)
31,452
3,779,077
343,221
11,784
10,979
40,980
196,807
509,309
Fishing, hunting, and trapping
47,171
2,856,918
207,703
17,579
41,971
31,889
54,804
686,807
Support activities for agriculture and forestry
102,479
9,167,748
332,364
33,183
40,065
59,061
1,114,061
1,418,097
85,976
10,957,405
643,212
80,189
37,568
88,930
760,612
2,984,975
73,272
7,566,285
433,219
18,197
14,846
70,245
384,385
2,084,389
897
616,170
40,660
24,836
* 1,844
2,896
112,611
71,771
11,808
2,774,950
169,333
37,156
20,877
15,788
263,616
828,815
Mining
Oil and gas extraction
Other mining
Support activities for mining
18,293,930 1,195,179,213
(12)
Rent paid
on other
business
property [1]
11,282
525,701
18,602
* 3,282
* 1,722
4,333
* 8,964
176,604
2,247,450
190,185,731
4,739,965
995,978
1,234,571
745,332
20,841,856
40,472,496
Construction of buildings
424,912
49,411,258
943,115
186,006
229,397
201,109
5,195,054
8,780,753
Heavy and civil engineering construction
43,881
6,704,801
330,216
34,823
62,861
56,570
936,913
1,064,855
1,778,657
134,069,672
3,466,634
775,149
942,313
487,653
14,709,889
30,626,888
Utilities
Construction
Specialty trade contractors
222,004
27,567,554
824,107
105,674
600,121
134,102
3,094,225
5,443,614
Food manufacturing
36,537
4,357,837
151,974
6,189
122,800
21,818
246,453
507,275
Textile and textile product mills
7,730
628,408
23,525
* 13,744
* 18,237
* 1,539
* 43,127
139,173
Apparel
16,034
1,074,778
45,015
* 11,349
52,743
5,972
113,292
305,459
Leather and allied products
* 2,074
* 76,454
* 75
* 33
* 321
* 94
* 6,318
* 40,868
Wood products
15,688
3,284,815
85,748
13,314
34,895
17,211
316,012
526,093
Paper products
* 1,021
* 3,849
* 106
0
0
* 13
* 197
* 895
Printing and related support activities
21,889
1,380,357
32,109
* 13,474
36,790
2,512
106,621
350,679
Petroleum and coal products
1,322
274,700
* 4,620
* 2,271
* 3,547
* 450
* 9,664
72,926
Chemical manufacturing
7,910
755,616
24,496
* 218
4,098
1,830
71,928
201,695
Plastic and rubber products
2,141
862,757
* 2,358
* 3,090
* 11,583
* 1,743
* 84,709
134,674
Nonmetallic mineral products
2,876
585,734
27,717
* 3,505
* 3,384
* 4,829
60,434
95,239
Primary metal industries
3,356
560,444
* 17,473
* 232
* 8,224
* 647
* 64,617
81,626
Fabricated metal products
18,991
3,582,404
142,932
10,141
36,830
30,969
576,785
675,248
Machinery
16,027
1,430,071
62,447
10,782
60,347
7,162
227,909
339,806
Computer and electronic products
6,207
339,625
* 42,453
* 447
* 9,050
* 2,600
* 40,908
84,782
Electrical equipment, appliances, and
components
6,363
527,314
* 27,632
* 207
* 7,704
* 4,980
* 65,745
84,495
Transportation equipment
4,846
336,164
* 4,552
* 759
* 17,630
* 3,697
* 41,205
29,718
Furniture and related products
16,648
2,094,886
* 37,341
* 5,232
* 55,447
* 4,090
* 454,084
498,019
Miscellaneous manufacturing
34,345
5,411,342
91,535
* 10,685
116,491
21,949
564,217
1,274,942
Manufacturing
227,506
49,556,101
343,949
186,113
625,256
151,277
1,670,415
6,335,928
Durable goods, including machinery, wood,
metals, etc.
92,859
21,393,945
134,598
107,081
330,848
63,241
824,608
2,843,957
Nondurable goods, including food, fiber,
chemicals, etc.
87,345
21,390,720
168,026
55,589
241,605
82,858
673,733
2,199,633
Wholesale electronic markets and agents
and brokers
Retail trade
47,302
6,771,436
41,325
23,443
52,803
5,178
172,074
1,292,338
1,309,387
149,849,784
1,332,095
399,773
3,615,191
678,222
7,144,442
18,868,472
Motor vehicle and parts dealers
81,910
30,811,166
221,319
56,202
324,469
177,813
1,190,112
1,873,279
Furniture and home furnishing stores
18,265
2,401,080
25,826
* 1,034
80,332
31,169
257,817
490,916
Electronic stores and household appliance stores
11,435
2,666,461
32,173
51,878
41,082
7,973
181,718
240,287
Building material and garden equipment and
supplies dealers
21,003
5,292,112
98,469
19,724
48,051
36,684
470,340
608,626
Food and beverage stores
65,458
21,212,844
138,972
34,710
672,943
60,691
1,205,590
1,434,498
Health and personal care stores
62,237
6,433,873
38,382
15,054
148,070
8,747
445,273
955,083
Gasoline stations
9,648
15,134,491
101,349
17,529
144,074
61,062
544,277
393,295
Clothing and accessories stores
82,966
7,575,784
48,680
27,204
546,192
23,625
441,261
1,298,802
Sporting goods, hobby, book, and music stores
56,746
5,333,689
59,290
10,650
216,675
65,979
266,187
687,080
Wholesale trade (merchant wholesalers)
Footnotes at end of table.
Statistics of Income Bulletin
11
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—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)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
(3)
(4)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
Net income
less deficit
(5)
(6)
(7)
(8)
General merchandise stores
30,816
2,913,642
27,840
13,156
143,959
10,168
85,409
63,823
Miscellaneous store retailers
659,997
32,897,595
581,086
141,063
1,570,323
254,138
2,073,682
2,791,528
Nonstore retailers
986,333
29,997,088
526,232
87,475
547,424
129,424
829,576
3,210,870
1,295,553
105,858,083
5,659,590
3,364,206
859,901
707,733
5,341,065
14,914,387
Air and rail transportation
17,962
1,426,202
336,155
20,561
23,423
43,645
136,245
-195,976
Water transportation
4,525
1,046,617
184,394
4,875
6,016
22,078
152,833
-10,695
Truck transportation
584,399
78,440,525
4,143,650
1,481,769
524,306
479,054
4,052,919
10,387,351
** 408,805
** 13,673,051
** 526,796
** 1,752,506
** 143,954
** 88,603
** 438,793
** 2,838,672
**
**
**
**
**
**
**
**
Scenic and sightseeing transportation
9,332
363,923
124,502
* 22,874
5,748
11,650
18,642
-76,875
Support activities for transportation
(including motor vehicle towing)
Couriers and messengers
65,086
4,899,481
265,132
38,147
57,535
41,262
413,386
637,830
193,155
5,373,980
59,498
32,519
34,348
4,403
71,274
1,262,041
Transportation and warehousing
Other transit and ground transportation
Pipeline transportation
Warehousing and storage facilities
12,290
634,304
19,463
10,957
64,572
17,038
56,972
72,038
376,410
13,303,848
498,444
92,231
356,582
49,311
1,126,696
2,917,718
Publishing industries (except internet)
58,120
1,745,094
14,111
4,633
40,104
3,691
250,023
359,339
Motion picture and sound recording
121,705
4,151,735
315,163
49,080
124,167
20,799
335,723
925,129
Broadcasting (except internet) and
telecommunications and internet
service providers
89,273
4,245,166
110,418
26,360
112,738
15,596
372,982
1,006,991
Information
Data processing, internet publishing and
broadcasting, and web search portals
Finance and insurance
107,311
3,161,853
58,752
12,158
79,573
9,226
167,968
626,258
626,057
81,021,232
740,233
216,885
1,581,721
522,940
5,010,915
20,364,729
Credit intermediation and related activities
40,596
2,716,778
24,626
12,917
79,726
76,759
131,619
479,969
Securities, commodity contracts, and other
financial investments
Investment bankers and securities dealers
163,372
46,139,401
284,213
77,648
547,576
244,476
1,997,654
7,676,542
6,373
3,344,935
10,113
* 2,631
31,128
12,698
39,947
390,291
Securities brokers
12,280
4,976,809
38,437
9,931
27,529
5,735
114,507
904,695
Commodity contracts brokers and dealers
6,255
841,480
7,474
* 1,247
25,192
2,374
14,137
192,401
Securities and commodity exchanges
1,441
386,006
3,497
* 134
* 4,517
1,512
* 52,180
-63,732
Other financial investment activities
(investment advice)
Insurance agents, brokers, and related activities
137,023
36,590,171
224,692
63,705
459,210
222,157
1,776,883
6,252,888
422,089
32,165,054
431,394
126,320
954,418
201,705
2,881,642
12,208,219
Insurance agencies and brokerages
321,145
26,589,333
334,615
111,842
842,665
182,377
2,687,025
9,831,155
Other insurance related activities and other
financial vehicles
Real estate and rental and leasing
Real estate
100,944
5,575,721
96,779
14,479
111,753
19,328
194,616
2,377,064
1,144,565
68,090,711
2,806,711
303,553
1,066,505
906,823
2,481,106
24,470,454
1,091,559
63,915,757
1,577,853
247,180
916,870
785,208
2,080,430
24,441,782
Lessors of real estate (including miniwarehouses and self storage)
42,033
2,601,700
250,549
9,495
63,318
253,457
128,108
411,386
Offices of real estate agents, brokers,
property managers, and appraisers
Other activities related to real estate
820,554
45,511,891
899,465
176,212
643,993
266,350
1,252,011
19,655,514
228,972
15,802,166
427,839
61,473
209,560
265,402
700,310
4,374,882
Rental and leasing services
50,338
4,142,594
1,228,796
56,373
138,952
121,615
400,676
31,890
Automotive equipment rental and leasing
18,004
880,862
302,600
5,241
10,029
20,147
68,927
16,282
Consumer electronics and appliances rental
1,901
134,345
* 12,496
* 243
* 361
* 126
* 3,787
-9,028
Formal wear and costume rental
* 646
* 44,560
* 1,356
0
* 4,491
* 107
* 6,230
* 5,899
Video tape and disc rental
* 3,051
* 265,195
* 19,490
0
* 37,280
* 5,511
* 52,323
* -5,863
General rental centers and other consumer
goods rental
11,586
860,309
141,946
17,970
50,954
17,171
129,878
48,036
Commercial and industrial machinery and
equipment rental and leasing
15,150
1,957,324
750,907
32,919
35,836
78,552
139,531
-23,438
Lessors of nonfinancial intangible assets
(except copyrighted works)
2,668
* 32,360
* 62
0
* 10,682
0
0
* -3,217
Footnotes at end of table.
Statistics of Income Bulletin
12
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—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)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
(11)
(12)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
(13)
(14)
(15)
Net income
(16)
General merchandise stores
15,262
2,217,577
14,211
* 1,523
114,559
6,628
39,843
243,946
Miscellaneous store retailers
405,114
26,037,304
324,602
95,593
909,767
115,994
1,525,878
4,833,435
479,343
24,733,404
228,823
68,673
368,977
81,856
576,147
5,809,225
1,066,264
91,225,695
3,944,779
2,993,769
630,526
494,770
3,758,752
17,746,094
Air and rail transportation
12,007
893,691
24,554
12,385
5,796
12,087
77,504
189,789
Water transportation
3,961
497,874
34,779
1,634
3,046
5,553
58,838
79,038
Truck transportation
498,708
68,134,026
3,243,959
1,238,010
376,436
369,861
2,883,872
11,504,554
** 332,469
** 12,352,491
** 435,160
** 1,658,643
** 133,696
** 72,261
** 317,345
** 3,512,290
**
**
**
**
**
**
**
**
5,435
292,388
21,513
* 22,226
* 184
* 7,501
* 11,284
60,260
Nonstore retailers
Transportation and warehousing
Other transit and ground transportation
Pipeline transportation
Scenic and sightseeing transportation
Support activities for transportation
(including motor vehicle towing)
50,882
3,998,242
130,917
25,354
49,659
15,115
322,429
794,696
Couriers and messengers
153,936
4,589,737
40,779
30,127
18,502
3,916
* 38,349
1,477,633
8,866
467,247
13,118
* 5,390
43,207
8,476
49,131
127,835
254,444
10,829,494
300,784
51,077
210,422
19,963
635,819
4,024,710
Publishing industries (except internet)
41,353
1,340,654
8,274
* 2,029
34,599
1,385
94,939
483,176
Motion picture and sound recording
77,117
3,120,389
186,749
27,522
60,078
4,714
184,713
1,351,598
Broadcasting (except internet) and
telecommunications and internet
service providers
63,636
3,734,945
84,025
17,992
79,821
10,869
265,912
1,244,678
Warehousing and storage facilities
Information
Data processing, internet publishing and
broadcasting, and web search portals
Finance and insurance
72,338
2,633,506
21,737
3,534
35,924
2,995
90,255
945,258
444,815
56,063,430
555,193
163,334
1,340,151
341,648
4,349,965
23,668,099
Credit intermediation and related activities
27,407
1,908,540
14,880
6,460
59,456
38,130
106,312
672,787
Securities, commodity contracts, and other
financial investments
113,917
25,623,010
205,941
48,029
430,953
125,060
1,572,518
9,912,270
Investment bankers and securities dealers
5,576
1,213,692
8,772
* 2,585
21,481
4,079
37,758
435,768
Securities brokers
8,088
3,255,718
36,601
9,740
22,983
4,170
92,011
956,212
Commodity contracts brokers and dealers
Securities and commodity exchanges
1,499
594,458
3,244
* 592
4,690
789
* 5,390
249,661
* 1,052
* 127,123
* 1,037
* 108
* 1,430
* 849
* 20,069
* 18,148
Other financial investment activities
(investment advice)
97,704
20,432,020
156,288
35,004
380,370
115,172
1,417,290
8,252,482
Insurance agents, brokers, and related activities
303,491
28,531,880
334,372
108,845
849,742
178,458
2,671,134
13,083,041
Insurance agencies and brokerages
234,273
23,505,395
273,158
99,207
755,541
161,783
2,533,106
10,491,611
Other insurance related activities and other
financial vehicles
Real estate and rental and leasing
69,218
5,026,485
61,214
9,638
94,201
16,675
138,028
2,591,430
773,313
60,314,217
1,394,986
205,149
834,743
473,433
1,871,920
28,348,308
Real estate
747,919
57,442,693
946,538
180,066
735,922
413,973
1,565,354
27,780,406
Lessors of real estate (including miniwarehouses and self storage)
24,871
2,196,556
135,406
4,109
42,947
165,064
90,092
633,095
Offices of real estate agents, brokers,
property managers, and appraisers
577,519
41,932,064
555,317
140,342
533,918
164,266
1,001,208
21,531,647
Other activities related to real estate
145,529
13,314,073
255,815
35,615
159,056
84,642
474,053
5,615,664
Rental and leasing services
24,057
2,864,552
448,448
25,083
98,821
59,461
306,566
561,720
Automotive equipment rental and leasing
9,504
697,562
141,390
* 4,855
7,863
11,413
62,437
109,336
Consumer electronics and appliances rental
* 352
* 50,131
* 5,488
* 243
* 361
* 126
* 2,433
* 12,047
* 344
* 44,366
* 1,081
0
* 4,491
* 107
* 6,230
* 6,913
* 1,322
* 103,017
* 5,028
0
* 15,296
*4
* 21,463
* 12,001
General rental centers and other consumer
goods rental
5,617
675,753
62,576
930
46,975
7,779
122,337
111,159
Commercial and industrial machinery and
equipment rental and leasing
6,917
1,293,723
232,884
19,055
23,835
40,031
91,667
310,264
* 1,337
* 6,972
0
0
0
0
0
* 6,181
Formal wear and costume rental
Video tape and disc rental
Lessors of nonfinancial intangible assets
(except copyrighted works)
Footnotes at end of table.
Statistics of Income Bulletin
13
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
Professional, scientific, and technical services
Number
of returns
Business
receipts
(1)
(2)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
Net income
less deficit
(7)
(8)
(3)
(4)
(5)
(6)
3,329,397
180,908,473
3,722,068
822,574
4,269,130
721,102
15,180,896
78,237,197
Legal services
341,992
39,709,395
351,661
187,996
1,803,680
155,093
4,563,984
17,702,878
Offices of certified public accountants
37,917
4,287,576
57,194
19,252
146,712
21,527
613,748
1,960,139
Other accounting services
363,528
9,917,365
223,764
80,751
304,633
37,642
896,290
3,933,091
Architectural, engineering, and related
services
285,948
15,977,652
540,658
76,583
273,422
72,307
1,649,425
5,914,059
Architectural services
118,338
7,019,933
283,740
59,175
99,707
34,361
852,835
2,053,772
Engineering services
93,228
6,113,863
191,038
10,079
143,618
18,559
571,829
2,549,651
Drafting, building inspections, and
geophysical surveying
57,936
2,151,963
41,463
* 1,393
22,735
15,306
126,198
1,072,375
Surveying and mapping (except
geophysical) services
9,715
478,277
15,073
* 5,935
* 3,159
* 453
79,728
210,378
Testing laboratories
6,731
213,617
* 9,343
0
* 4,203
* 3,628
* 18,836
27,884
Specialized design services
257,030
8,987,223
270,539
45,967
204,112
29,167
437,764
2,734,161
Computer systems design services
265,835
12,068,186
165,121
23,478
112,644
26,656
1,290,658
4,966,414
Other professional, scientific, and technical
services
1,777,146
89,961,076
2,113,131
388,548
1,423,927
378,710
5,729,028
41,026,456
Management, scientific, and technical
consulting services
907,087
48,348,882
853,650
205,984
638,994
217,155
2,420,903
25,746,541
Scientific research and development services
37,475
943,966
52,502
4,495
20,188
790
105,632
416,007
Advertising and related services
122,017
7,888,631
148,942
38,376
134,050
32,434
420,672
2,280,226
Market research and public opinion polling
50,146
1,082,801
13,671
4,729
16,308
2,368
112,648
376,189
Other miscellaneous services
660,421
31,696,796
1,044,366
134,964
614,386
125,964
2,669,173
12,207,492
Administrative and support and waste
management and remediation services
2,639,810
74,734,392
2,511,331
485,428
969,539
374,990
8,330,960
22,387,118
Administrative and support services
2,615,963
72,098,795
2,339,621
469,863
915,951
350,495
8,058,337
22,021,132
23,847
2,635,598
171,710
15,565
53,587
24,494
272,623
365,986
826,208
11,929,733
333,183
66,787
750,410
68,376
801,608
4,095,512
Health care and social assistance
2,145,748
120,066,019
2,290,172
633,159
5,449,264
769,518
17,683,762
49,539,626
Ambulatory health care services
1,173,607
97,577,308
1,810,732
473,922
4,574,828
574,846
14,872,922
41,170,523
Offices of physicians (except mental health
specialists)
183,450
32,878,219
464,239
140,072
1,229,134
118,159
4,376,548
15,757,114
Offices of physicians, mental health
specialists
35,924
3,437,635
30,589
26,086
136,572
11,465
198,217
2,131,325
Offices of dentists
77,737
25,042,595
708,946
77,582
1,092,096
282,856
6,117,228
8,100,969
Offices of chiropractors
40,905
4,594,491
106,872
38,037
534,684
48,059
415,078
1,736,846
Offices of optometrists
17,377
3,715,787
80,138
19,345
221,245
15,662
668,205
1,124,469
Offices of mental health practitioners and
social therapists
192,912
10,797,828
145,505
52,762
726,495
18,645
926,689
5,558,470
5,986
1,196,873
20,907
21,303
85,424
11,437
170,841
448,735
Outpatient care centers and other
miscellaneous health practitioners
194,307
6,313,763
135,201
22,310
375,393
23,732
490,858
2,744,800
Medical and diagnostic laboratories
19,593
1,051,583
13,027
6,576
34,913
2,250
124,987
345,993
Home health care services
Other ambulatory health care services
(including ambulance services, blood and
organ banks)
Hospitals
364,831
7,141,424
78,912
62,650
122,558
38,620
1,210,463
2,595,251
40,586
1,407,111
26,395
7,199
16,314
3,962
173,807
626,551
7,481
842,657
15,009
1,912
8,371
5,695
153,236
395,374
Nursing and residential care facilities
77,273
5,608,585
121,479
45,391
286,170
93,868
1,397,515
816,075
Waste management and remediation services
Educational services
Offices of podiatrists
Social assistance
Arts, entertainment, and recreation
Performing arts, spectator sports, and related
industries
887,387
16,037,469
342,952
111,934
579,895
95,108
1,260,090
7,157,654
1,545,644
40,016,740
1,554,112
306,080
1,462,685
273,484
2,321,950
9,989,310
1,261,311
29,218,141
1,000,316
166,184
777,437
113,492
1,285,606
9,401,408
Museums, historical sites, and similar
institutions
4,454
72,662
1,666
* 80
* 826
* 216
* 4,247
-14,427
Amusement, gambling, and recreation
industries
279,879
10,725,937
552,131
139,816
684,422
159,776
1,032,097
602,329
Footnotes at end of table.
Statistics of Income Bulletin
14
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
Professional, scientific, and technical services
Number
of returns
Business
receipts
(9)
(10)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
(15)
(11)
(12)
(13)
(14)
Net income
(16)
2,465,093
167,233,363
2,611,577
606,161
3,473,085
497,934
12,741,303
84,568,952
Legal services
277,309
37,913,853
310,478
169,115
1,577,762
129,611
4,149,768
18,275,310
Offices of certified public accountants
26,307
4,120,421
47,572
18,425
126,194
21,394
606,992
2,013,162
Other accounting services
298,414
8,888,224
160,877
56,092
273,919
35,483
624,664
4,271,080
Architectural, engineering, and related
services
222,659
14,583,229
430,641
60,140
218,157
48,614
1,421,908
6,373,996
Architectural services
92,497
6,587,037
243,875
44,423
79,022
28,329
751,021
2,249,580
Engineering services
73,975
5,326,799
128,749
8,389
110,956
10,585
480,555
2,724,013
Drafting, building inspections, and
geophysical surveying
44,621
2,022,755
34,998
* 1,393
* 21,276
5,770
109,314
1,129,387
Surveying and mapping (except
geophysical) services
7,844
471,611
15,073
* 5,935
* 3,159
* 453
76,852
224,594
Testing laboratories
* 3,721
* 175,027
* 7,946
0
* 3,745
* 3,477
* 4,166
* 46,423
Specialized design services
163,457
7,856,895
112,015
18,498
166,766
12,364
363,855
3,278,711
Computer systems design services
183,255
10,812,536
93,799
13,267
66,566
21,761
879,031
5,634,485
Other professional, scientific, and technical
services
1,293,693
83,058,206
1,456,196
270,625
1,043,719
228,708
4,695,084
44,722,208
Management, scientific, and technical
consulting services
665,670
44,815,157
530,145
119,693
415,524
105,512
1,811,025
27,799,304
Scientific research and development services
30,113
843,433
41,182
* 667
12,490
383
76,709
504,592
Advertising and related services
94,788
7,169,354
110,097
31,721
99,860
22,981
378,200
2,464,525
Market research and public opinion polling
32,507
958,781
5,598
3,142
4,953
* 334
105,217
474,308
Other miscellaneous services
470,615
29,271,482
769,174
115,402
510,893
99,498
2,323,933
13,479,479
Administrative and support and waste
management and remediation services
2,154,555
65,784,287
1,774,057
299,003
647,904
264,687
6,192,472
25,997,250
Administrative and support services
2,136,623
63,630,923
1,633,964
287,493
612,840
245,119
5,980,301
25,552,829
17,932
2,153,363
140,093
11,510
35,064
19,569
212,170
444,421
628,362
10,422,491
196,274
39,441
484,426
20,782
612,166
5,168,036
Health care and social assistance
1,798,168
112,606,711
1,930,862
482,595
4,765,960
622,301
16,071,697
52,121,130
Ambulatory health care services
960,369
92,728,771
1,574,821
375,313
4,173,466
486,194
13,892,027
42,887,082
Offices of physicians (except mental health
specialists)
153,862
31,088,129
407,411
120,337
1,132,716
93,984
4,049,775
16,011,907
Offices of physicians, mental health
specialists
32,506
3,385,841
30,293
23,340
135,475
7,520
187,072
2,142,753
Offices of dentists
70,589
24,268,438
637,982
66,631
1,054,318
261,191
5,865,805
8,220,265
Offices of chiropractors
33,866
4,506,212
101,564
24,655
480,705
46,563
415,003
1,795,565
Offices of optometrists
15,897
3,509,561
75,308
18,225
212,040
14,836
626,864
1,136,193
Offices of mental health practitioners and
social therapists
162,678
10,318,000
118,562
46,241
666,969
17,383
858,385
5,682,348
5,396
1,155,362
18,824
21,303
84,737
11,398
166,850
452,336
Outpatient care centers and other
miscellaneous health practitioners
143,197
5,673,823
107,120
10,645
282,630
12,645
378,743
3,125,727
Medical and diagnostic laboratories
16,979
859,556
7,779
* 4,340
30,177
790
101,312
377,967
Home health care services
Other ambulatory health care services
(including ambulance services, blood and
organ banks)
Hospitals
294,264
6,724,781
55,714
36,686
80,632
17,670
1,098,359
3,230,018
31,133
1,239,067
14,265
2,912
13,068
2,214
143,861
712,002
7,294
773,266
13,227
* 1,908
7,147
* 5,157
139,165
398,442
Nursing and residential care facilities
59,625
4,439,005
88,097
21,030
193,411
73,572
1,059,123
1,040,876
Waste management and remediation services
Educational services
Offices of podiatrists
Social assistance
Arts, entertainment, and recreation
Performing arts, spectator sports, and related
industries
770,880
14,665,669
254,717
84,344
391,936
57,377
981,381
7,794,730
1,004,632
31,624,817
720,195
171,268
869,953
92,311
1,011,865
13,984,746
822,161
24,886,691
486,925
115,570
487,831
61,289
610,112
12,396,485
Museums, historical sites, and similar
institutions
3,348
64,230
* 20
* 75
0
*9
0
26,792
Amusement, gambling, and recreation
industries
179,122
6,673,896
233,250
55,623
382,122
31,012
401,754
1,561,468
Footnotes at end of table.
Statistics of Income Bulletin
15
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
Accommodation, food services, and
drinking places
Number
of returns
Business
receipts
(1)
(2)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
Net income
less deficit
(7)
(8)
(3)
(4)
(5)
(6)
487,432
59,052,743
1,774,359
339,381
3,936,281
672,504
10,290,552
2,862,603
Accommodation
64,136
5,497,112
566,463
23,412
219,594
316,063
777,915
16,671
Travel accommodation (including hotels,
motels, and bed and breakfast inns)
28,866
3,964,951
420,171
20,448
122,515
256,814
619,031
20,493
RV (recreational vehicle) parks and
recreational camps
17,882
690,701
95,481
1,992
23,906
28,341
27,556
-8,014
Rooming and boarding houses
17,389
841,461
50,812
* 972
73,172
30,908
131,328
4,191
Restaurants (full & limited service) and
drinking places
423,296
53,555,631
1,207,896
315,969
3,716,687
356,441
9,512,637
2,845,932
3,269,777
103,484,896
2,565,956
881,283
6,892,279
658,106
8,148,601
27,456,431
Auto repair and maintenance
370,788
26,722,123
870,746
184,754
1,161,053
245,793
2,908,396
3,058,463
Automotive mechanical and electrical repair
and maintenance
186,253
11,746,990
361,673
64,104
558,813
86,363
1,079,973
1,595,415
81,534
7,771,063
179,162
57,876
256,232
59,360
1,031,034
900,655
Other services
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
103,001
7,204,070
329,911
62,774
346,008
100,070
797,389
562,392
396,902
16,315,951
472,170
110,717
377,805
120,069
1,321,169
3,416,071
2,205,655
56,812,505
1,177,580
573,183
5,300,490
279,841
3,914,503
19,341,005
296,433
3,634,317
45,459
* 12,629
52,931
12,403
* 4,533
1,640,891
657,089
7,825,625
154,868
71,347
169,523
63,585
174,102
2,511,021
Footnotes at end of table.
Statistics of Income Bulletin
16
Fall 2016
Sole Proprietorship Returns, 2014
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
Accommodation, food services, and
drinking places
Number
of returns
Business
receipts
(9)
(10)
Rent paid
Depreciation on machinery
deduction [1,2]
and
equipment [1]
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
Net income
(11)
(12)
(13)
(14)
(15)
(16)
315,490
44,794,246
872,692
221,140
2,746,444
352,449
7,112,279
5,684,944
Accommodation
37,458
3,606,622
237,307
9,319
96,502
147,665
435,705
630,015
Travel accommodation (including hotels,
motels, and bed and breakfast inns)
14,800
2,581,811
174,606
8,557
80,388
110,236
331,327
434,108
RV (recreational vehicle) parks and
recreational camps
13,322
501,186
35,626
* 636
* 15,943
* 13,546
* 16,901
84,006
Rooming and boarding houses
9,337
523,626
27,074
* 126
* 171
23,883
* 87,477
111,901
Restaurants (full & limited service) and
drinking places
278,032
41,187,624
635,385
211,821
2,649,942
204,784
6,676,574
5,054,928
2,589,823
92,676,729
1,632,178
667,527
5,705,077
431,770
6,729,742
32,568,083
Auto repair and maintenance
270,765
22,743,175
606,481
131,506
870,217
165,527
2,299,899
4,140,334
Automotive mechanical and electrical repair
and maintenance
141,499
10,495,043
291,355
50,428
441,066
70,710
948,937
2,015,865
62,375
6,697,653
151,215
40,920
194,103
46,687
849,960
1,072,395
Other services
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
66,891
5,550,478
163,911
40,158
235,048
48,129
501,002
1,052,074
290,146
14,614,085
294,940
72,767
293,616
80,986
1,124,878
4,204,449
1,814,230
52,145,150
715,404
459,930
4,500,418
180,968
3,301,084
22,225,516
214,684
3,174,319
15,352
* 3,324
40,827
* 4,289
* 3,881
1,997,784
500,245
6,332,267
90,085
44,921
92,424
20,308
100,505
3,569,872
*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.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns 2014, October 2016.
Statistics of Income Bulletin
17
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ഩNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Total
Animal
production
(including
breeding
of cats and
dogs)
Forestry
and logging
(including forest
nurseries,
timber tracts)
Fishing,
hunting,
and trapping
Support
activities
for
agriculture
and forestry
(2)
(3)
(4)
(5)
(6)
24,631,831
1,393,884,201
1,375,499,498
18,384,703
1,078,489,983
416,840,490
41,257,805
33,097,068
256,014,297
56,559,536
73,156,587
43,244,803
14,999,674
92,320,003
14,236,290
53,539,818
898,356
36,568,890
3,007,737
18,707,850
12,058,746
9,539,241
3,190,308
5,627,377
12,776,506
1,108,488
10,090,787
36,746,526
18,494,640
36,662,747
86,743,036
19,358,414
15,344,213
31,640,478
113,958,175
9,469,875
1,234,800
5,416
308,090
20,218,905
19,949,353
269,552
19,262,106
6,625,563
418,731
367,726
5,155,226
223,407
990,291
529,817
76,088
1,192,367
84,212
869,110
832
1,774,472
18,663
409,192
126,461
87,082
67,791
160,481
74,009
4,123
132,772
135,843
731,638
629,138
1,461,604
336,596
160,653
309,018
3,722,368
52,630
12,202
* 18
45,926
1,221,167
1,177,816
43,351
1,684,076
318,521
44,115
* 80,655
148,296
13,037
79,165
46,747
21,279
187,410
21,116
38,894
* 227
178,458
1,639
24,298
21,599
7,331
11,986
10,482
19,798
* 43
7,375
7,844
33,592
81,326
41,723
14,084
38,773
55,087
521,096
* 12,546
* 5,655
0
46,305
4,806,243
4,765,052
41,192
4,463,404
1,059,193
147,541
49,858
516,613
43,501
457,293
155,613
7,117
326,218
9,687
401,850
* 338
536,150
4,681
134,426
17,174
24,454
11,085
50,248
11,555
1,057
51,087
12,214
310,768
102,822
262,335
68,036
23,698
56,564
975,339
5,302
* 341
* 18
75,478
3,410,040
3,360,543
49,496
3,042,525
667,741
* 44,638
48,522
470,081
53,712
95,894
* 45,106
13,177
144,239
21,197
119,354
* 266
403,133
* 860
76,548
34,431
25,257
12,632
34,075
9,879
* 467
29,999
62,333
148,823
181,163
29,941
47,895
39,499
51,255
864,013
16,906
* 4,543
0
140,382
10,781,455
10,645,942
135,513
10,072,101
4,580,108
182,437
188,691
4,020,236
113,157
357,938
282,351
34,516
534,499
32,213
309,013
*1
656,731
11,484
173,920
53,256
30,040
32,089
65,676
32,777
* 2,556
44,312
53,453
238,455
263,827
1,127,605
206,580
58,683
146,111
1,361,920
17,877
1,662
0
1,583,311
317,058,087
374,540,376
57,482,289
87,494
977,801
2,808,065
1,830,264
* 41,144
-461,643
193,853
655,496
* 175
350,223
509,309
159,086
* 41,848
367,264
686,807
319,543
* 4,327
721,957
1,418,097
696,140
All
nonfarm
industries
(1)
Footnotes at end of table.
Statistics of Income Bulletin
18
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
All
nonfarm
industries
(1)
Total
Animal
production
(including
breeding
of cats and
dogs)
Forestry
and logging
(including forest
nurseries,
timber tracts)
Fishing,
hunting,
and trapping
Support
activities
for
agriculture
and forestry
(2)
(3)
(4)
(5)
(6)
18,293,930
1,195,179,213
1,180,234,045
14,945,168
820,736,447
321,603,664
24,955,993
27,094,871
200,222,602
47,531,423
48,785,633
26,986,856
11,126,219
70,255,787
10,988,938
45,455,570
638,861
24,048,513
2,345,437
14,758,917
8,789,586
7,562,056
1,993,104
3,577,566
9,677,216
1,019,754
7,779,037
28,010,235
13,583,084
28,098,421
69,075,182
15,010,188
11,191,114
22,689,509
79,285,931
7,694,763
824,356
1,378
239,168
374,540,376
195,119
16,629,192
16,420,324
208,867
13,819,937
5,492,279
228,029
325,287
4,255,672
178,487
779,884
275,081
46,263
762,605
50,041
680,968
375
945,307
13,985
288,988
78,977
51,369
35,569
100,549
53,776
3,827
62,645
94,688
487,946
413,845
1,135,768
230,687
114,999
175,482
2,446,464
33,138
1,971
0
* 217
2,808,065
14,017
825,448
803,851
21,598
631,402
212,855
* 17,567
* 80,653
85,476
* 8,441
38,069
* 17,350
10,708
47,282
* 18,853
8,898
* 108
63,590
* 654
13,054
8,392
1,485
* 888
* 3,299
14,879
*8
* 99
* 1,673
11,051
15,941
* 14,730
4,166
20,473
22,984
124,701
* 3,081
* 399
0
0
193,853
31,452
3,779,077
3,752,641
26,436
3,268,771
893,550
87,708
28,907
447,856
40,357
379,080
90,358
6,367
213,853
* 2,777
328,339
* [4]
343,023
2,895
92,609
10,102
6,611
6,066
34,915
8,799
* 866
11,784
10,979
234,945
77,471
167,900
47,322
19,483
34,346
708,863
4,898
* 198
0
* 32
509,309
47,171
2,856,918
2,818,507
38,411
2,170,112
517,665
* 19,820
* 38,618
372,766
* 44,660
61,679
* 19,878
5,713
95,852
* 11,655
100,681
* 266
207,253
* 793
53,598
27,154
18,171
* 7,137
24,752
5,397
* 467
17,579
41,971
89,460
120,790
16,186
34,046
28,544
29,858
697,900
9,782
* 449
0
0
686,807
102,479
9,167,748
9,045,326
122,422
7,749,651
3,868,209
102,934
177,109
3,349,573
85,029
301,057
147,495
23,474
405,617
16,755
243,050
*1
331,440
9,643
129,728
33,328
25,101
21,478
37,582
24,702
* 2,486
33,183
40,065
152,490
199,643
936,952
145,154
46,499
88,293
915,000
15,377
924
0
* 185
1,418,097
4,995,185
39,791,000
4,578,061
35,212,939
46,222
219,707
19,402
200,305
* 3,094
* 36,440
* 7,550
* 28,890
* 3,061
* 2,859
*7
* 2,852
11,640
49,761
7,443
42,319
28,427
130,647
4,403
126,244
19
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Mining
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Construction
Total
Oil
and
gas extraction
Other
mining
Support
activities for
mining
Total
Total
Construction
of
buildings
(7)
(8)
(9)
(10)
(11)
(12)
(13)
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Utilities
121,341
14,956,446
14,575,859
380,587
13,540,839
3,529,218
181,410
366,482
688,516
243,848
2,222,523
173,561
20,209
428,746
31,188
311,480
784,637
1,220,035
28,788
166,592
161,495
39,550
17,760
163,846
65,679
4,646
134,615
88,244
252,520
136,183
798,702
353,227
96,880
138,410
4,528,951
30,082
3,743
*1
99,351
10,678,019
10,336,069
341,950
9,977,661
2,155,733
90,064
192,501
264,567
108,933
1,596,531
96,864
8,561
277,067
25,777
165,487
765,467
903,621
15,447
97,641
128,828
21,540
12,360
131,637
50,855
2,618
41,369
56,514
157,836
73,787
376,145
293,481
52,495
95,911
4,042,800
17,800
3,505
*1
4,347
1,037,617
1,036,970
647
1,041,432
417,780
31,921
68,180
131,260
46,678
157,788
18,047
3,934
26,868
* 640
10,105
11,288
88,996
6,969
18,186
9,440
1,248
* 3,973
13,461
3,579
* 1,861
44,004
5,494
34,413
16,259
127,974
18,279
1,659
11,261
159,877
* 3,884
*2
0
17,644
3,240,810
3,202,820
37,991
2,521,746
955,706
59,425
105,801
292,689
88,237
468,204
58,651
7,714
124,811
4,770
135,889
7,883
227,417
6,372
50,766
23,227
16,762
1,427
18,748
11,245
* 167
49,242
26,236
60,271
46,137
294,583
41,467
42,725
31,239
326,274
8,397
* 236
0
14,108
1,086,052
1,064,960
21,092
982,633
495,872
* 2,312
* 891
* 158,805
* 7,904
* 335,195
* 9,235
7,734
41,790
3,901
32,685
* 1,007
133,558
* 1,103
6,792
17,910
4,420
* 2,024
6,468
5,125
0
3,289
4,404
19,022
30,046
13,320
11,544
6,669
14,198
111,690
* 3,318
* 124
0
2,731,987
213,246,990
211,274,726
1,972,264
177,899,708
84,295,732
4,574,133
14,371,393
25,146,403
29,943,325
14,838,426
4,577,949
1,080,862
15,720,087
593,456
19,210,024
22,840
5,688,361
335,459
3,859,290
1,049,039
838,835
310,768
735,006
1,077,430
43,882
1,242,156
1,515,935
2,200,254
9,632,349
9,486,167
2,052,905
1,167,768
3,298,201
11,021,334
990,544
114,356
* 175
519,570
56,697,600
56,258,675
438,924
49,186,152
28,921,444
2,552,254
4,079,456
7,328,137
9,738,815
7,858,044
2,635,263
200,094
3,151,698
123,348
4,990,066
3,443
1,093,935
52,340
795,392
261,584
151,368
88,880
211,691
216,999
5,080
227,527
289,775
394,513
1,982,852
2,022,968
454,416
219,118
683,858
2,358,084
214,242
30,264
* 175
651
1,408,587
2,984,975
1,576,388
605
688,175
2,084,389
1,396,214
*0
2,978
71,771
68,793
* 45
717,434
828,815
111,381
0
-11,930
176,604
188,534
124,018
35,579,919
40,472,496
4,892,577
42,153
7,636,216
8,780,753
1,144,537
Footnotes at end of table.
Statistics of Income Bulletin
20
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Mining
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Utilities
Construction
Total
Oil
and
gas extraction
Other
mining
Support
activities for
mining
Total
Total
Construction
of
buildings
(7)
(8)
(9)
(10)
(11)
(12)
(13)
85,976
10,957,405
10,672,858
284,546
7,975,635
2,273,183
102,616
250,840
513,168
149,335
1,342,901
85,676
12,294
260,493
25,530
248,131
559,070
639,796
18,692
111,147
79,961
26,497
11,140
77,790
48,025
3,458
80,189
37,568
147,786
96,619
509,772
244,365
67,023
102,849
2,260,936
24,506
3,416
*1
* 24
2,984,975
73,272
7,566,285
7,316,894
249,390
5,485,059
1,345,753
42,207
188,156
221,114
45,305
888,338
39,365
5,301
132,193
20,648
142,994
544,581
429,995
8,504
60,777
58,896
10,872
9,139
61,106
36,345
1,627
18,197
14,846
81,776
41,007
196,230
199,534
27,854
70,992
1,943,048
16,299
3,224
*1
* 24
2,084,389
897
616,170
615,663
* 507
544,399
179,307
* 20,746
* 21,720
* 72,562
* 22,737
49,223
* 7,681
734
* 13,397
* 593
6,627
7,186
40,659
* 5,812
9,597
4,289
116
* 623
2,274
1,667
* 1,753
24,836
* 1,844
22,619
13,262
90,891
10,114
592
3,557
102,044
*7
*2
0
0
71,771
11,808
2,774,950
2,740,301
34,649
1,946,177
748,123
39,663
40,964
219,491
81,293
405,340
38,630
6,259
114,903
4,288
98,511
7,303
169,142
4,377
40,772
16,775
15,509
1,377
14,411
10,014
* 78
37,156
20,877
43,391
42,350
222,651
34,718
38,577
28,300
215,844
8,200
* 191
0
0
828,815
11,282
525,701
524,509
* 1,191
350,102
* 165,626
* 65
* 888
* 144,995
* 7,842
* 18,787
* 6,950
* 2,187
34,713
* 932
* 17,819
* 986
18,478
* 664
2,475
3,404
4,213
* 887
* 3,447
4,328
0
* 3,282
* 1,722
10,738
23,977
* 8,076
3,258
6,360
10,858
13,620
* 3,310
* 124
0
0
176,604
2,247,450
190,185,731
188,467,226
1,718,505
149,714,772
71,786,915
2,185,411
12,797,989
21,450,038
26,501,161
11,256,449
2,404,132
898,021
13,105,857
448,358
16,917,731
14,111
4,652,556
281,542
3,271,447
796,750
700,146
217,786
527,546
867,853
35,180
995,978
1,234,571
1,645,557
8,279,042
8,043,867
1,710,865
932,921
2,653,326
8,406,599
865,032
87,409
* 175
55,211
40,472,496
424,912
49,411,258
49,129,210
282,048
40,631,590
24,014,365
1,289,854
3,573,204
6,124,382
8,594,648
5,832,429
1,400,152
164,727
2,671,532
82,678
4,358,090
* 235
921,034
42,447
675,062
190,676
118,588
57,888
143,221
174,592
3,680
186,006
229,397
244,973
1,647,857
1,621,850
366,961
157,000
540,602
1,779,608
168,087
22,081
* 175
22,444
8,780,753
13,097
94,378
9,162
85,216
11,767
68,764
6,891
61,874
**
**
**
**
** 1,330
** 25,614
** 2,271
** 23,343
* 4,785
* 41,116
* 4,743
* 36,373
469,311
3,969,926
431,025
3,538,900
64,827
634,168
71,436
562,732
21
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Construction—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Manufacturing
Heavy and
civil
engineering
construction
Specialty
trade
contractors
Total
Food
manufacturing
Textile
and textile
product mills
Apparel
Leather
and
allied
products
(14)
(15)
(16)
(17)
(18)
(19)
(20)
59,922
8,565,070
8,359,988
205,082
7,928,640
4,800,442
1,014,262
933,761
1,336,524
1,156,397
1,247,192
887,693
45,359
243,064
18,438
233,072
* 100
436,536
15,959
153,218
74,551
26,733
47,366
45,132
33,264
6,097
67,528
77,607
171,489
266,421
307,550
122,231
99,863
87,596
525,405
13,128
1,466
0
2,152,495
147,984,320
146,656,063
1,328,257
120,784,916
50,573,845
1,007,617
9,358,176
16,481,742
19,048,113
5,733,190
1,054,993
835,410
12,325,325
451,669
13,986,887
19,297
4,157,890
267,160
2,910,680
712,904
660,734
174,522
478,183
827,166
32,705
947,101
1,148,552
1,634,252
7,383,075
7,155,649
1,476,259
848,786
2,526,746
8,137,846
763,175
82,626
0
366,257
33,070,984
32,723,877
347,107
29,349,245
15,992,463
2,355,390
1,783,756
9,929,507
3,198,213
1,592,164
2,866,567
383,776
1,155,503
129,592
890,906
1,821
1,232,406
90,048
330,367
270,527
114,972
76,033
155,942
221,764
21,241
162,019
839,326
367,775
941,378
2,348,892
450,882
250,615
768,864
1,944,892
165,751
17,607
* 265
59,927
5,423,859
5,340,755
83,104
5,302,808
3,283,736
558,776
99,124
2,494,634
673,968
351,892
894,659
61,572
126,440
26,370
36,394
*2
222,536
7,908
43,955
48,297
20,664
11,681
39,215
23,372
487
18,896
174,999
67,336
82,446
370,718
72,264
42,403
125,226
370,432
12,132
2,857
0
14,587
892,843
892,820
* 23
824,021
346,371
26,554
* 4,932
210,434
* 111,586
* 36,533
43,669
44,438
48,899
* 2,616
* 11,784
0
71,732
* 315
6,917
4,374
1,946
* 3,085
* 1,241
8,216
* 139
* 26,536
* 20,199
5,472
62,020
* 39,656
21,611
* 1,601
40,246
43,813
* 10,719
* 2,082
0
26,987
1,370,901
1,365,535
5,366
1,212,107
480,103
171,147
42,908
319,526
61,368
49,546
164,391
17,119
70,293
5,098
55,575
0
67,335
* 641
12,307
25,034
10,397
* 3,299
3,678
20,461
* 55
14,349
63,048
12,747
47,260
100,725
14,228
39,314
32,777
111,465
* 4,786
* 1,303
0
4,533
112,826
107,868
* 4,958
94,639
37,615
* 14,949
* 3,870
* 25,654
* 5,247
* 5,807
* 17,913
* 7,446
* 1,049
* 234
* 538
0
* 3,172
* 124
* 1,211
* 358
* 133
* 48
* 147
* 3,658
0
* 78
* 525
* 3,255
* 4,243
* 17,377
* 3,135
* 1,642
* 3,145
* 5,508
0
0
0
* 1,420
645,808
1,064,855
419,047
80,445
27,297,895
30,626,888
3,328,993
24,148
3,757,927
5,443,614
1,685,686
* 959
122,574
507,275
384,701
* 12,090
68,822
139,173
70,351
* 15
158,794
305,459
146,665
0
21,459
* 40,868
* 19,409
Footnotes at end of table.
Statistics of Income Bulletin
22
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Construction—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Manufacturing
Heavy and
civil
engineering
construction
Specialty
trade
contractors
(14)
(15)
Total
Food
manufacturing
Textile
and textile
product mills
Apparel
Leather
and
allied
products
(16)
(17)
(18)
(19)
(20)
43,881
6,704,801
6,513,013
191,788
5,639,983
3,335,971
265,065
747,057
1,057,828
930,497
640,234
304,711
32,391
173,168
13,867
187,689
0
329,542
7,673
126,225
41,980
19,905
34,331
22,239
24,346
* 2,093
34,823
62,861
141,441
254,369
189,856
91,485
78,460
72,602
344,327
7,965
* 674
0
* 589
1,064,855
1,778,657
134,069,672
132,825,004
1,244,668
103,443,200
44,436,579
630,492
8,477,728
14,267,827
16,976,016
4,783,786
699,269
700,902
10,261,158
351,813
12,371,952
* 13,876
3,401,980
231,422
2,470,161
564,094
561,653
125,567
362,086
668,915
29,406
775,149
942,313
1,259,143
6,376,817
6,232,161
1,252,419
697,461
2,040,122
6,282,664
688,981
64,653
0
32,178
30,626,888
222,004
27,567,554
27,338,380
229,174
22,120,613
12,775,793
1,511,034
1,430,439
7,946,578
2,367,504
1,195,335
1,675,097
227,599
723,700
90,281
767,186
* 1,053
812,438
63,275
247,731
160,365
82,955
42,107
91,995
144,975
20,096
105,674
600,121
252,027
646,137
1,663,786
326,754
152,655
514,968
1,435,654
129,912
11,669
0
0
5,443,614
36,537
4,357,837
4,309,167
48,670
3,849,504
2,604,294
344,400
53,119
2,038,432
261,125
255,280
348,061
34,145
87,291
21,411
25,225
0
150,055
4,074
30,854
26,533
13,402
5,481
16,336
13,501
* 233
6,189
122,800
39,830
37,893
193,334
41,561
30,259
65,821
257,781
7,988
* 1,919
0
0
507,275
7,730
628,408
628,449
* -42
489,235
225,852
* 24,954
* 3,752
* 196,008
* 2,516
* 34,157
* 35,535
* 13,093
18,255
* 2,376
* 11,150
0
22,759
* 305
* 4,189
* 3,986
* 1,237
* 580
* 959
3,568
* 139
* 13,744
* 18,237
* 5,133
23,668
* 39,375
13,278
* 1,218
25,387
32,697
* 7,977
* 766
0
0
139,173
16,034
1,074,778
1,070,043
4,735
769,319
268,638
84,490
* 37,752
141,765
58,986
40,053
94,407
6,088
43,942
* 2,701
42,028
0
43,718
* 625
10,131
8,284
9,132
* 3,299
* 2,672
17,155
* 55
* 11,349
52,743
9,740
24,511
75,540
10,268
15,377
21,651
84,916
* 4,742
* 1,297
0
0
305,459
* 2,074
* 76,454
* 76,175
* 279
* 35,586
* 21,605
* 14,413
* 1,182
* 22,591
0
* 81
* 16,662
* 594
* 306
* 228
0
0
* 75
* 119
* 557
* 172
* 11
0
* 94
* 809
0
* 33
* 321
* 34
* 136
* 5,135
* 306
* 893
* 255
* 3,903
0
0
0
0
* 40,868
11,303
65,433
* 10,493
54,940
393,181
3,270,324
349,096
2,921,228
34,093
264,903
41,490
223,412
8,193
71,541
13,328
58,213
* 136
* 83
* 74
*8
*6
* 268
* 14
* 254
* 1,014
* 17,310
0
* 17,310
23
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Wood
products
Paper
products
Printing
and related
support
activities
Petroleum
and coal
products
(21)
(22)
(23)
(24)
31,043
3,755,319
3,735,726
19,593
3,369,353
2,085,437
192,794
182,993
1,150,587
583,463
154,036
178,436
7,310
95,103
5,129
148,995
* 376
125,761
5,239
25,636
11,137
6,703
7,704
24,652
10,713
777
13,755
47,623
69,655
71,971
253,532
41,828
10,086
61,782
221,619
* 13,090
* 1,201
0
* 2,332
* 105,006
* 104,933
* 72
* 109,889
* 63,103
* 6,777
* 3,088
* 7,482
* 2,385
* 49,918
* 6,547
* 151
* 2,702
0
* 576
0
* 9,034
* 67
* 640
* 1,622
* 2,436
0
* 2,012
* 293
* 34
* 164
* 1,708
* 1,279
* 804
* 5,890
* 693
* 13,579
* 1,187
* 1,916
0
0
0
40,133
1,925,784
1,875,932
49,852
1,724,546
777,176
67,713
69,550
401,997
198,423
106,597
67,104
30,285
92,814
13,593
33,190
*2
67,026
5,993
10,850
17,626
8,612
* 1,862
11,041
26,104
* 6,647
13,487
49,610
17,840
121,815
104,487
33,492
12,099
86,514
148,013
30,243
3,533
* 265
1,427
299,703
298,891
* 812
229,779
* 82,802
* 10,420
* 2,808
* 67,753
* 653
* 13,098
* 11,930
* 9,673
* 8,221
* 364
* 32,888
* 134
* 4,727
* 163
* 3,185
* 2,019
* 72
* 1,312
* 56
* 6,236
* 51
* 2,272
* 4,847
* 910
* 45,139
* 8,869
3,002
* 476
* 2,875
7,399
* 2,087
0
0
* 1,890
386,704
526,093
139,389
0
* -4,884
* 895
* 5,779
* 2,474
201,488
350,679
149,291
0
69,748
72,926
* 3,178
Chemical
Plastic and
manufacturing rubber products
(25)
Nonmetallic
mineral
products
(26)
(27)
13,851
899,447
895,928
3,519
760,172
479,938
56,711
67,828
185,005
88,278
159,511
77,395
19,320
22,696
* 4,560
4,823
*1
30,706
4,166
8,670
8,032
1,007
* 1,555
2,311
7,140
* 777
* 302
11,382
7,816
14,684
30,747
7,298
6,644
21,649
57,608
* 5,183
* 749
0
2,198
1,005,291
1,003,691
* 1,600
875,546
547,387
* 6,496
* 92,963
286,821
* 149,870
* 19,095
7,859
* 6,168
24,498
* 8,923
* 68,821
* 892
4,344
* 851
11,612
6,328
* 192
* 556
1,817
14,016
* 1,517
* 3,652
18,472
10,027
65,501
19,317
4,692
* 857
21,266
31,549
* 2,293
*2
0
5,889
707,940
703,558
4,382
631,070
365,768
74,993
* 16,072
278,656
48,829
29,151
81,933
4,840
13,881
* 640
* 16,544
0
32,634
* 2,993
15,105
4,601
716
* 4,935
2,074
2,948
*3
5,232
3,648
12,671
1,051
71,668
13,390
9,878
12,411
29,446
* 3,061
* 368
0
* 483
134,971
201,695
66,724
*2
129,574
134,674
* 5,099
* 370
76,871
95,239
18,368
Footnotes at end of table.
Statistics of Income Bulletin
24
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Wood
products
Paper
products
Printing
and related
support
activities
Petroleum
and coal
products
(21)
(22)
(23)
(24)
(25)
(26)
(27)
Chemical
Plastic and
manufacturing rubber products
Nonmetallic
mineral
products
15,688
3,284,815
3,266,065
18,750
2,759,193
1,825,674
128,202
164,723
965,095
565,455
135,634
133,435
3,986
59,276
* 3,387
148,594
0
84,975
3,666
16,070
6,612
5,793
4,681
12,530
5,879
* 587
13,314
34,895
51,443
40,517
151,289
26,431
7,014
43,960
196,383
* 8,500
* 773
0
0
526,093
* 1,021
* 3,849
* 3,842
*6
* 2,953
* 2,729
* 70
* 167
* 2,138
0
* 394
* 40
0
0
0
0
0
* 106
* 12
*4
*3
*1
0
* 13
0
0
0
0
*3
0
* 29
0
* 12
*2
* 39
0
0
0
0
* 895
21,889
1,380,357
1,332,720
47,637
1,029,678
503,553
38,844
* 43,671
248,817
131,985
80,750
40,513
17,497
36,521
10,795
* 26,514
0
29,520
* 3,145
5,770
5,518
5,890
* 1,078
1,433
5,886
* 6,544
* 13,474
36,790
10,948
60,392
62,950
23,106
7,969
45,870
80,213
24,175
* 2,589
0
0
350,679
1,322
274,700
273,988
* 712
201,774
* 63,167
* 6,885
* 1,747
* 51,101
* 653
* 11,072
* 8,290
* 9,542
* 8,185
0
* 32,712
* 134
* 4,620
* 163
* 2,904
* 1,978
* 65
* 394
* 56
* 6,178
* 51
* 2,271
* 3,547
* 907
* 45,138
* 7,917
* 2,815
* 392
* 2,791
* 3,757
* 2,087
0
0
0
72,926
7,910
755,616
753,275
2,341
549,616
386,070
25,471
* 54,999
134,701
* 79,913
125,872
* 34,887
4,876
15,475
* 4,057
* 1,122
*1
24,230
* 2,206
5,111
3,172
504
* 989
* 842
2,277
* 703
* 218
4,098
6,638
10,221
16,928
4,450
4,192
12,908
34,459
* 2,713
* 266
0
0
201,695
2,141
862,757
861,204
* 1,553
727,913
442,236
* 5,636
* 70,996
* 208,978
* 149,870
* 13,022
* 6,267
* 6,162
* 23,606
* 6,736
* 68,810
* 892
* 2,358
* 325
8,895
5,920
* 169
* 556
* 1,187
* 13,447
* 1,517
* 3,090
* 11,583
7,500
* 63,339
* 13,713
3,863
* 739
15,698
23,284
* 2,289
0
0
0
134,674
2,876
585,734
582,782
* 2,952
490,495
306,538
* 47,007
* 10,813
247,500
* 31,223
* 19,803
* 49,808
2,384
11,243
* 475
* 16,266
0
27,376
* 1,224
10,042
3,332
* 359
* 3,917
* 912
1,997
0
* 3,505
* 3,384
10,054
* 190
49,621
9,288
746
8,109
15,991
* 2,607
* 341
0
0
95,239
* 2,034
* 20,169
* 3,739
* 16,429
* 1,020
* 485
0
* 485
* 1,998
* 7,075
* 4,124
* 2,951
*8
*2
0
*2
* 2,208
* 23,607
* 1,157
* 22,450
0
0
0
0
* 1,036
* 12,526
* 933
* 11,593
25
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Primary
metal
industries
Fabricated
metal
products
Machinery
Computer and
electronic
products
Electrical
equipment,
appliances, and
components
Transportation
equipment
(28)
(29)
(30)
(31)
(32)
(33)
5,196
631,725
618,562
* 13,163
579,664
421,543
* 12,946
* 35,216
* 326,092
* 9,543
* 50,619
* 12,873
* 1,935
* 8,116
* 1,592
*1
0
35,236
* 1,194
* 7,031
1,820
* 1,167
* 2,341
* 1,066
* 2,069
* 185
* 232
* 8,475
* 6,571
* 13,592
* 39,499
4,155
* 3,015
* 9,978
7,860
* 903
0
0
27,991
3,872,077
3,828,476
43,601
3,280,079
1,744,858
153,476
324,290
1,005,681
273,954
175,906
188,450
11,330
93,419
10,056
139,950
*1
207,925
18,562
38,502
19,171
13,184
8,742
27,918
22,123
5,189
11,360
57,632
63,544
99,456
308,420
59,041
21,895
84,295
197,987
14,349
* 1,100
0
19,093
1,681,128
1,677,666
3,462
1,427,083
505,493
77,983
62,834
302,219
94,972
52,169
84,685
7,341
63,141
12,344
74,785
* 388
80,697
13,472
24,779
24,824
6,653
* 5,181
5,914
10,087
* 1,084
21,555
75,222
15,663
53,896
225,590
32,605
9,317
54,339
94,429
* 576
* 86
0
10,068
384,529
383,976
* 553
332,854
160,044
* 24,293
* 30,169
111,679
* 8,555
* 21,475
* 36,128
* 3,949
17,543
* 571
* 1,656
0
49,704
* 1,690
* 3,380
7,066
2,651
* 6,373
* 2,741
* 1,844
* 32
* 560
* 15,598
7,291
4,306
* 16,667
2,809
5,786
10,834
8,916
* 714
0
0
9,900
587,735
584,832
* 2,903
568,855
286,847
57,536
* 25,720
178,122
* 91,122
* 32,780
98,434
7,035
72,712
* 2,474
* 2,564
0
30,066
* 1,006
6,837
8,948
8,019
* 3,158
* 2,826
4,770
* 627
* 214
8,600
5,215
13,321
45,741
6,739
9,679
18,668
22,149
* 231
* 18
0
8,146
494,707
433,365
* 61,342
511,944
264,670
* 86,107
* 44,535
188,495
* 39,551
* 9,553
* 103,570
14,494
42,204
* 954
* 783
0
8,128
* 766
4,084
1,986
6,169
* 3,444
* 497
1,606
* 15
* 775
* 23,285
4,460
7,449
* 30,589
5,364
4,737
18,657
65,410
* 1,270
0
0
0
52,061
81,626
29,565
* 295
593,732
675,248
81,517
*5
257,236
339,806
82,570
0
51,674
84,782
33,109
* 25
18,880
84,495
65,615
0
-17,536
29,718
47,254
Footnotes at end of table.
Statistics of Income Bulletin
26
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Machinery
Computer and
electronic
products
Electrical
equipment,
appliances, and
components
Transportation
equipment
(29)
(30)
(31)
(32)
(33)
3,356
560,444
549,232
* 11,212
* 478,818
* 364,822
* 3,405
* 26,718
* 313,797
* 3,375
* 20,932
* 3,405
* 800
* 3,110
* 23
0
0
* 17,473
* 713
* 6,493
* 1,357
* 522
* 184
* 463
* 1,148
* 151
* 232
* 8,224
* 5,599
* 13,035
* 37,899
* 3,806
* 1,154
* 6,147
* 4,471
* 903
0
0
0
81,626
18,991
3,582,404
3,539,782
42,622
2,908,890
1,629,762
125,456
306,706
924,788
261,727
169,526
158,440
9,831
59,649
9,367
128,862
*1
141,980
16,401
35,282
15,714
11,887
7,599
23,370
19,124
5,102
10,141
36,830
59,063
92,635
270,079
49,046
17,717
68,860
177,243
* 12,176
* 952
0
0
675,248
16,027
1,430,071
1,428,139
* 1,932
1,090,265
394,320
48,038
33,109
233,113
89,358
38,758
48,056
3,448
40,981
* 10,566
58,819
0
62,361
6,711
17,238
20,335
3,815
* 4,549
2,613
5,612
* 895
10,782
60,347
9,695
28,716
194,800
27,098
3,493
39,863
74,939
* 563
* 85
0
0
339,806
6,207
339,625
339,084
* 541
254,843
* 136,951
* 10,997
* 29,153
* 79,792
* 2,776
* 20,653
* 6,420
* 3,307
13,677
* 385
* 1,030
0
* 42,453
* 1,240
* 3,005
* 3,850
1,484
0
* 2,600
1,214
* 19
* 447
* 9,050
* 536
* 792
* 11,755
* 2,076
* 4,936
* 7,465
* 6,369
* 76
0
0
0
84,782
6,363
527,314
524,420
* 2,894
442,819
239,596
* 43,085
* 25,154
* 134,918
* 90,951
* 20,156
74,667
5,076
35,999
* 1,186
* 136
0
* 27,632
* 493
6,387
7,317
6,340
* 2,157
* 2,822
4,307
* 583
* 207
* 7,704
* 5,072
11,094
* 40,591
6,313
7,649
14,306
9,218
* 227
0
0
0
84,495
4,846
336,164
329,660
* 6,504
306,445
* 161,103
* 9,732
* 40,518
* 81,223
* 39,084
* 4,482
* 13,937
* 9,233
* 24,780
* 166
* 175
0
* 4,552
* 65
* 3,051
* 881
* 2,486
* 3,437
* 259
* 335
0
* 759
* 17,630
* 818
* 3,164
* 687
* 4,762
* 2,237
* 15,317
49,128
* 1,270
0
0
0
29,718
* 40
* 3,398
* 87
* 3,311
* 1,553
* 9,514
* 1,168
* 8,346
* 4,058
* 19,829
* 7,707
* 12,122
* 2,078
* 13,450
* 127
* 13,322
* 2,037
* 19,755
* 408
* 19,347
* 136
* 319
* 148
* 171
Primary
metal
industries
Fabricated
metal
products
(28)
27
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Wholesale trade (merchant wholesalers)
Retail trade
Nondurable
Wholesale
Durable goods,
goods,
electronic
including
including food,
markets
machinery,
fiber,
and agents and
wood, metals,
chemicals,
brokers
etc.
etc.
Furniture
and related
products
Miscellaneous
manufacturing
Total
(34)
(35)
(36)
(37)
(38)
(39)
25,610
2,677,621
2,665,074
12,547
2,266,977
1,276,011
82,819
418,874
439,350
345,299
85,438
95,768
14,336
87,992
17,612
141,728
0
68,454
* 3,823
53,713
28,147
6,177
* 4,737
4,702
9,327
* 173
5,345
103,422
13,367
46,285
218,658
28,038
12,372
59,904
61,053
* 1,575
* 309
0
57,346
6,242,543
6,206,290
36,253
5,247,860
2,783,560
672,898
255,982
1,949,318
411,146
189,040
694,824
115,034
263,780
16,463
119,313
* 25
113,188
21,074
51,951
49,137
18,074
6,020
22,034
46,782
3,449
23,255
151,030
42,655
186,140
440,743
96,499
45,234
103,112
458,321
62,539
3,998
0
347,394
57,071,679
56,720,443
351,236
52,212,368
38,913,673
3,653,254
376,959
32,676,678
2,781,205
3,166,991
3,741,413
443,914
1,514,754
502,556
512,336
560
544,020
69,608
340,509
379,149
173,248
35,727
164,652
241,435
26,186
225,232
826,147
267,217
504,107
1,783,109
393,024
553,560
635,430
2,969,745
163,684
51,717
0
156,737
25,534,792
25,347,649
187,143
23,395,421
17,174,906
2,271,532
208,965
14,462,069
1,406,051
1,138,557
2,312,267
205,268
649,035
248,464
199,003
* 373
279,118
35,616
192,269
134,693
83,957
21,795
78,325
123,765
10,537
125,753
429,507
137,873
246,530
941,092
204,119
269,948
327,452
1,203,682
64,027
34,101
0
127,545
23,864,803
23,771,217
93,586
22,093,722
16,881,940
1,113,992
127,693
14,484,150
761,496
1,592,026
1,197,417
158,466
602,237
155,860
237,739
* 188
219,800
25,051
121,282
173,830
60,443
12,148
81,876
87,248
8,189
75,770
311,569
115,940
194,859
684,738
155,202
190,649
236,316
1,223,862
61,096
12,719
0
63,112
7,672,085
7,601,577
70,507
6,723,224
4,856,827
267,730
* 40,300
3,730,460
613,658
436,408
231,729
80,179
263,481
98,232
75,595
0
45,102
8,941
26,957
70,626
28,848
* 1,785
4,452
30,422
7,460
23,709
85,071
13,404
62,718
157,279
33,703
92,963
71,662
542,202
38,561
4,897
0
2,398,964
187,940,650
186,197,205
1,743,445
177,366,204
122,327,005
21,325,818
1,841,846
109,827,821
5,827,507
5,709,605
22,205,592
1,975,227
5,597,735
1,646,987
1,768,803
4,349
2,301,965
227,992
1,326,239
937,054
564,936
414,401
718,312
1,117,279
28,055
607,790
5,572,810
1,259,991
2,707,877
7,947,042
2,553,577
1,241,314
3,699,030
9,917,886
625,777
98,097
* 148
* 197
411,436
498,019
86,582
* 5,342
1,024,424
1,274,942
250,519
123,536
4,863,004
6,335,928
1,472,925
84,600
2,123,345
2,843,957
720,612
34,998
1,790,268
2,199,633
409,365
* 3,938
949,391
1,292,338
342,947
176,003
10,736,671
18,868,472
8,131,801
Total
(40)
Footnotes at end of table.
Statistics of Income Bulletin
28
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Wholesale trade (merchant wholesalers)
Manufacturing—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Retail trade
Nondurable
Wholesale
Durable goods,
goods,
electronic
including
including food,
markets
machinery,
fiber,
and agents and
wood, metals,
chemicals,
brokers
etc.
etc.
Furniture
and related
products
Miscellaneous
manufacturing
Total
(34)
(35)
(36)
(37)
(38)
(39)
16,648
2,094,886
2,082,488
* 12,398
1,596,867
923,269
61,310
* 299,642
343,856
219,071
* 58,207
58,816
6,752
60,284
* 3,192
124,495
0
37,229
* 3,728
43,001
10,645
4,935
* 318
* 3,772
6,808
* 173
* 5,232
55,447
8,882
27,360
154,441
18,769
11,389
40,011
45,414
* 1,296
* 112
0
0
498,019
34,345
5,411,342
5,387,865
23,478
4,136,400
2,275,613
488,639
226,516
1,577,967
379,435
146,504
543,449
90,786
181,121
13,231
81,246
* 24
88,967
18,061
38,745
34,758
14,922
2,887
19,062
35,729
3,344
10,685
116,491
20,133
163,337
337,701
79,518
35,272
80,548
335,448
50,323
* 2,569
0
0
1,274,942
227,506
49,556,101
49,300,708
255,393
43,221,920
33,215,810
2,577,279
290,573
28,208,003
2,128,769
2,778,745
2,767,560
297,838
1,174,957
429,267
424,583
* 395
327,993
57,079
269,594
248,766
140,484
30,034
121,243
179,142
25,811
186,113
625,256
202,004
397,754
1,379,841
299,069
400,206
454,183
2,194,660
111,780
15,957
0
* 863
6,335,928
92,859
21,393,945
21,281,767
112,178
18,549,998
14,055,118
1,452,604
155,350
11,887,606
1,206,321
958,908
1,605,671
164,094
438,441
220,054
164,465
* 245
130,812
28,434
148,934
93,111
66,996
18,633
44,608
80,979
10,353
107,081
330,848
94,579
183,147
669,259
154,118
191,369
228,377
885,415
32,215
3,786
0
* 114
2,843,957
87,345
21,390,720
21,317,753
72,967
19,192,599
15,078,601
918,263
114,267
13,123,665
482,025
1,417,080
976,699
79,446
498,485
126,057
185,557
* 150
159,760
19,871
96,432
128,885
49,044
9,734
73,124
74,280
7,998
55,589
241,605
95,981
158,893
559,466
112,768
128,884
179,801
1,013,394
42,100
8,266
0
* 323
2,199,633
47,302
6,771,436
6,701,188
70,248
5,479,322
4,082,091
206,412
* 20,957
3,196,733
440,422
402,757
185,190
54,298
238,031
83,156
74,561
0
37,420
8,774
24,229
26,771
24,445
* 1,666
3,512
23,884
7,460
23,443
52,803
11,444
55,714
151,117
32,183
79,953
46,005
295,851
37,465
3,905
0
* 426
1,292,338
1,309,387
149,849,784
148,428,094
1,421,690
130,986,125
95,346,835
13,420,372
1,325,113
86,112,004
4,498,525
4,546,089
14,555,268
1,239,177
3,184,278
1,194,442
1,299,113
3,448
1,290,682
173,606
917,045
562,482
347,982
267,797
410,425
693,346
25,414
399,773
3,615,191
830,976
1,520,276
5,819,329
1,821,015
716,994
2,207,029
6,417,975
408,330
41,413
0
20,773
18,868,472
* 2,015
* 5,078
* 25
* 5,053
4,521
40,494
* 8,449
32,045
38,655
244,500
28,964
215,536
16,786
95,172
8,316
86,856
15,990
118,444
17,603
100,840
5,879
30,885
3,045
27,839
320,617
1,912,986
278,362
1,634,624
29
Total
(40)
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Building
Electronic
material and
stores
garden
and household
equipment and
appliance
supplies
stores
dealers
Motor
vehicle and
parts
dealers
Furniture
and home
furnishing
stores
(41)
(42)
(43)
130,269
37,398,464
37,025,242
373,222
36,246,835
29,734,811
5,426,686
313,492
27,007,872
1,063,462
1,712,961
5,789,662
318,525
465,204
180,195
301,670
* 195
308,547
54,404
234,707
99,312
45,366
73,540
182,368
90,116
2,726
68,797
511,672
232,615
267,802
1,167,072
346,253
105,462
328,438
1,092,401
17,211
1,718
0
37,792
3,711,452
3,694,440
17,013
3,454,187
1,947,214
629,087
150,420
1,577,256
175,951
43,219
628,720
79,686
138,788
54,144
70,703
* 14
60,987
6,696
35,716
22,848
15,391
25,334
20,085
22,972
* 401
34,135
202,434
32,546
46,229
234,090
77,278
32,049
104,363
177,688
11,161
1,907
0
* 1,474
1,157,521
1,873,279
715,757
* 1,503
257,134
490,916
233,781
Food and
beverage
stores
Health and
personal care
stores
Gasoline
stations
(44)
(45)
(46)
(47)
16,434
3,146,985
3,081,564
65,421
2,969,847
2,106,589
187,342
* 85,796
1,828,278
* 33,614
199,149
227,591
36,267
50,558
* 10,998
62,915
0
33,172
* 1,023
17,395
15,522
4,816
* 3,586
6,475
7,983
* 240
75,658
47,321
24,992
22,964
165,735
39,731
17,142
42,822
175,361
* 581
* 22
0
32,069
6,565,493
6,552,904
12,589
6,117,147
4,211,172
704,186
149,144
3,714,046
251,855
161,795
769,854
61,246
133,057
35,398
88,458
* 37
158,297
20,651
76,396
24,833
12,154
15,999
34,222
46,720
* 3,756
20,804
62,393
36,839
68,184
433,966
129,469
25,889
124,935
282,728
8,293
* 387
0
102,062
26,996,012
26,613,448
382,564
26,153,004
19,372,308
1,958,598
138,791
18,032,269
790,271
436,404
1,984,024
139,386
215,483
97,936
90,561
* 277
244,287
24,573
165,825
81,662
14,135
33,479
56,425
80,120
1,960
59,117
910,971
188,167
413,301
1,599,885
437,808
43,069
622,564
1,226,109
16,281
2,929
0
134,121
7,719,400
7,679,066
40,333
7,253,819
4,607,397
498,426
* 58,237
4,296,051
240,454
58,132
543,903
130,729
231,866
69,143
117,860
*1
60,038
22,174
44,061
53,738
20,612
5,339
24,257
63,321
3,434
23,569
252,612
33,456
110,879
531,338
93,197
64,454
144,179
488,578
37,173
5,659
* 148
17,253
20,241,765
19,977,382
264,383
20,018,505
17,245,492
505,054
114,173
16,068,242
588,622
339,574
370,174
22,026
75,475
45,742
22,015
* 22
174,942
7,162
93,798
70,097
19,044
72,677
36,856
16,518
1,149
24,131
246,492
116,945
53,759
642,683
240,709
3,953
213,333
573,292
* 196
* 10
0
0
177,186
240,287
63,101
* 78
451,380
608,626
157,247
* 4,244
848,128
1,434,498
586,370
12,282
487,732
955,083
467,352
* 20
224,822
393,295
168,473
Footnotes at end of table.
Statistics of Income Bulletin
30
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Building
Electronic
material and
stores
garden
and household
equipment and
appliance
supplies
stores
dealers
Motor
vehicle and
parts
dealers
Furniture
and home
furnishing
stores
(41)
(42)
(43)
81,910
30,811,166
30,496,847
314,319
28,939,967
24,269,314
3,657,497
253,759
22,119,108
838,288
1,443,326
4,042,663
217,577
299,094
106,812
231,784
* 121
220,552
44,631
172,480
67,222
25,632
58,196
119,617
62,610
2,387
56,202
324,469
149,494
203,015
936,353
268,735
59,084
229,600
783,813
14,878
767
0
* 523
1,873,279
18,265
2,401,080
2,393,876
7,204
1,910,165
1,126,332
218,213
100,085
945,676
62,368
16,601
216,610
46,817
86,556
3,523
11,627
*3
24,718
5,214
19,055
13,721
11,673
* 22,105
9,064
9,903
* 398
1,034
80,332
18,072
33,116
157,732
45,390
23,450
48,872
103,669
6,555
* 1,107
0
0
490,916
14,307
160,512
17,427
143,086
* 2,582
* 4,436
* 1,235
* 3,201
31
Food and
beverage
stores
Health and
personal care
stores
Gasoline
stations
(44)
(45)
(46)
(47)
11,435
2,666,461
2,607,870
* 58,591
2,426,174
1,705,037
151,910
* 37,430
1,536,299
* 33,514
* 135,836
189,951
20,732
43,528
* 10,941
59,938
0
32,151
* 986
14,310
13,662
1,991
* 2,435
* 5,539
7,426
* 240
* 51,878
41,082
22,977
14,402
144,289
38,209
15,258
31,409
147,174
* 581
* 22
0
0
240,287
21,003
5,292,112
5,281,969
10,143
4,683,486
3,429,053
509,209
134,742
2,984,370
251,178
102,260
552,707
47,671
90,863
* 29,981
70,275
0
98,148
15,318
45,634
16,140
9,624
6,041
30,643
25,424
* 3,756
19,724
48,051
25,000
32,211
335,598
76,217
20,699
69,035
129,343
8,135
* 321
0
*3
608,626
65,458
21,212,844
20,925,659
287,185
19,778,345
15,013,512
1,407,026
97,008
13,966,598
683,823
343,003
1,483,946
83,773
147,726
94,482
66,614
* 214
138,344
19,140
117,966
58,854
7,943
26,506
34,184
46,358
1,718
34,710
672,943
134,098
224,815
1,108,582
317,656
26,812
441,239
934,040
8,922
* 628
0
0
1,434,498
62,237
6,433,873
6,402,276
31,597
5,479,043
3,866,827
339,323
* 27,333
3,670,168
181,804
45,485
397,285
67,524
87,550
59,667
94,624
*1
35,579
11,067
31,969
29,939
12,235
* 2,632
6,115
36,776
2,651
15,054
148,070
25,121
55,583
417,940
58,541
36,139
68,253
267,364
21,408
* 2,802
0
*1
955,083
9,648
15,134,491
14,964,654
169,838
14,740,958
12,945,609
252,350
* 106,216
11,952,344
575,335
319,060
259,696
16,821
38,665
40,497
11,200
0
101,349
4,455
69,093
49,782
1,221
49,005
12,058
11,670
892
17,529
144,074
70,573
44,564
438,061
168,747
1,571
144,944
358,396
* 184
0
0
0
393,295
* 1,042
* 507
0
* 507
* 4,346
* 16,681
* 1,250
* 15,430
17,422
167,522
* 17,315
150,207
15,548
123,689
20,415
103,274
* 1,021
* 4,082
0
* 4,082
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing
Retail trade—continued
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Clothing and
accessories
stores
Sporting goods,
hobby, book,
and music
stores
General
merchandise
stores
Miscellaneous
store
retailers
Nonstore
retailers
Total
Air and
rail
transportation
(48)
(49)
(50)
(51)
(52)
(53)
(54)
145,553
9,465,472
9,403,483
61,989
8,722,548
4,980,869
1,967,815
48,948
4,359,456
417,417
93,499
1,906,267
194,304
217,951
27,922
77,187
* 403
91,182
14,538
118,552
65,936
61,725
11,758
40,391
105,885
2,113
37,659
765,036
58,656
172,969
606,784
170,091
76,232
257,217
508,057
46,871
12,468
0
106,266
6,887,282
6,840,506
46,776
6,594,984
3,999,566
2,065,944
35,206
3,651,511
313,649
171,334
2,238,079
79,378
160,668
57,534
79,653
* 3,036
102,692
12,060
62,193
39,262
20,159
59,130
37,063
62,616
* 680
22,225
312,175
54,413
139,716
324,459
138,352
44,048
203,917
528,461
46,120
5,659
0
30,816
2,913,642
2,901,437
12,206
2,854,977
2,084,448
395,114
* 34,166
1,927,709
72,943
117,975
463,460
23,033
75,775
* 28,416
33,457
0
25,735
* 3,946
18,311
8,466
4,639
* 2,668
7,500
13,819
* 448
13,156
143,959
28,347
11,207
51,244
39,485
11,778
80,783
131,880
* 10,851
* 2,105
0
659,997
32,897,595
32,690,085
207,510
30,124,342
17,670,688
4,632,646
387,713
14,856,279
1,223,342
1,296,208
4,725,500
445,933
1,377,737
326,131
327,234
327
566,763
36,049
291,935
257,283
153,421
89,886
164,253
269,357
7,911
141,063
1,570,323
290,275
685,936
1,685,969
597,827
334,293
899,763
1,686,376
134,762
14,323
0
986,333
29,997,088
29,737,648
259,441
26,856,010
14,366,452
2,354,919
325,759
12,508,850
655,928
1,079,354
2,558,359
444,714
2,455,172
713,427
497,090
* 36
475,322
24,715
167,351
198,095
193,473
21,006
108,418
337,851
3,236
87,475
547,424
162,743
714,933
503,817
243,378
482,946
676,716
3,046,955
296,278
50,910
0
1,295,553
105,858,083
104,798,030
1,060,053
91,052,302
12,010,530
302,751
2,005,112
3,405,792
1,182,689
5,386,278
272,091
304,343
27,588,251
1,390,700
6,919,692
14,766
5,635,180
82,857
3,398,339
390,407
2,231,446
226,017
481,716
447,673
10,261
3,364,206
859,901
6,044,361
1,434,033
3,335,954
1,474,568
1,039,819
1,537,359
10,426,620
227,959
24,410
0
17,962
1,426,202
1,366,580
59,622
1,657,749
460,734
30,206
13,567
26,412
216,680
200,355
26,485
12,380
25,037
24,122
32,251
* 60
335,171
9,642
31,314
18,128
4,313
18,466
25,180
9,825
* 107
20,561
23,423
97,148
6,125
122,679
17,362
48,421
13,754
272,713
23,983
* 983
0
12,542
743,115
1,298,802
555,687
18,282
323,431
687,080
363,649
* 2,009
63,823
243,946
180,122
28,905
2,791,528
4,833,435
2,041,907
94,663
3,210,870
5,809,225
2,598,355
13,772
14,914,387
17,746,094
2,831,707
* 414
-195,976
189,789
385,765
Footnotes at end of table.
Statistics of Income Bulletin
32
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
Transportation and warehousing
Clothing and
accessories
stores
Sporting goods,
hobby, book,
and music
stores
General
merchandise
stores
Miscellaneous
store
retailers
Nonstore
retailers
Total
Air and
rail
transportation
(48)
(49)
(50)
(51)
(52)
(53)
(54)
82,966
7,575,784
7,536,661
39,123
6,276,982
3,774,636
1,346,762
23,718
3,622,612
130,380
43,621
1,392,457
109,118
154,978
17,855
56,980
*0
44,421
13,813
100,167
40,274
49,340
6,754
16,871
75,025
* 1,902
27,204
546,192
34,598
70,942
417,543
132,487
39,047
164,432
338,764
31,380
4,259
0
0
1,298,802
56,746
5,333,689
5,318,989
14,700
4,649,204
2,967,478
1,275,585
18,082
2,749,834
217,865
131,965
1,425,854
49,389
78,459
53,206
61,209
* 3,036
57,981
6,133
45,926
24,860
12,517
45,619
20,360
44,460
* 587
10,650
216,675
41,168
67,496
248,104
98,832
22,424
131,409
319,935
15,882
* 1,309
0
* 1,843
687,080
15,262
2,217,577
2,205,469
* 12,108
1,973,631
1,501,079
297,559
* 8,402
1,389,403
* 53,428
79,906
327,619
11,767
32,140
* 19,242
* 28,936
0
14,116
* 1,013
10,761
6,012
2,620
* 1,615
5,013
7,449
* 433
* 1,523
114,559
21,050
6,065
31,441
32,562
5,150
54,898
61,039
* 1,810
* 95
0
0
243,946
405,114
26,037,304
25,770,255
267,049
21,203,544
13,472,063
2,538,137
318,061
11,286,228
920,148
1,048,540
2,639,051
290,780
730,072
187,146
215,703
* 65
316,850
31,392
184,371
129,679
104,242
31,844
84,150
176,154
7,401
95,593
909,767
178,234
414,428
1,207,817
401,264
202,909
489,748
1,122,244
108,158
7,752
0
* 5,498
4,833,435
479,343
24,733,404
24,523,569
209,834
18,924,627
11,275,895
1,426,802
200,278
9,889,364
550,396
836,484
1,627,429
277,208
1,394,649
571,092
390,224
*8
206,473
20,445
105,314
112,337
108,945
15,045
66,811
190,092
3,048
68,673
368,977
110,591
353,638
375,869
182,376
264,451
333,189
1,852,195
190,435
22,350
0
12,905
5,809,225
1,066,264
91,225,695
90,341,797
883,898
73,493,809
8,584,246
202,921
1,386,364
2,595,382
1,021,208
3,583,236
204,866
230,407
23,371,635
1,115,154
5,951,697
14,664
3,924,155
63,238
2,777,161
300,060
1,981,257
160,156
334,614
366,702
9,135
2,993,769
630,526
4,999,132
1,172,739
2,372,388
1,232,709
824,616
1,207,563
8,520,098
182,957
20,624
0
* 2,463
17,746,094
12,007
893,691
874,835
18,855
708,954
324,177
* 1,987
* 4,654
* 6,591
* 190,736
121,199
* 990
9,982
9,023
* 11,225
25,870
* 38
23,613
7,260
11,022
7,156
3,244
* 4,714
7,374
7,782
* 36
12,385
5,796
24,371
2,194
72,850
5,585
33,725
7,583
82,094
* 5,010
* 941
0
*6
189,789
12,000
74,822
12,260
62,562
9,211
61,389
* 5,408
55,981
* 2,336
* 18,551
* 1,626
* 16,926
125,744
824,570
112,849
711,721
115,059
456,225
88,577
367,648
156,944
1,173,943
175,345
998,598
4,077
32,362
* 4,851
27,511
33
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing—continued
Net income status, item
Support
activities for
Scenic
Other transit
Couriers
Water
Truck
transportation
and
Pipeline
and ground
and
transportation transportation
(including
transportation sightseeing
transportation
messengers
transportation motor vehicle
towing)
(55)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
4,525
1,046,617
1,039,250
7,367
1,058,602
469,397
* 6,890
* 60,313
* 2,452
* 6,524
398,909
* 5,691
2,419
33,505
* 476
12,460
0
184,147
* 1,484
18,436
4,262
3,027
5,488
16,589
2,355
* 99
4,875
6,016
39,972
17,385
92,521
13,694
7,224
4,997
116,346
* 1,363
* 248
0
* 1,118
-10,695
79,038
89,733
(56)
(57)
(58)
Warehousing
and
storage
facilities
(59)
(60)
(61)
(62)
584,399
** 408,805
78,440,525 ** 13,673,051
77,831,997 ** 13,422,504
608,528
** 250,547
68,067,115 ** 10,835,251
8,527,654
** 544,076
88,684
** 71,567
1,580,971
** 177,447
2,406,880
** 223,664
733,952
** 18,121
3,817,029
** 95,704
99,863
** 42,427
173,868
** 53,920
21,663,600 ** 2,861,782
991,499
** 248,156
5,737,508
** 361,468
* 2,437
** 12,262
4,131,722
** 519,690
59,495
** 3,092
2,627,326
** 520,208
251,867
** 54,463
2,025,036
** 127,163
112,117
** 53,150
366,938
** 35,453
305,161
** 55,090
4,577
** 315
1,481,769 ** 1,752,506
524,306
** 143,954
5,247,029
** 446,075
1,050,050
** 158,889
2,471,948
** 261,347
1,177,579
** 177,976
773,855
** 101,707
975,104
** 270,660
7,233,876 ** 1,953,307
112,954
** 59,085
11,928
** 7,106
0
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
** 9,332
** 363,923
363,810
* 112
** 441,102
** 50,338
*5
* 13,832
* 265
* 14,390
* 21,847
**
** 25,220
** 13,410
* 1,829
** 17,229
*3
** 124,123
* 109
** 15,321
** 3,552
** 3,248
* 9,092
** 2,557
** 365
0
* 22,874
** 5,748
** 25,134
** 6,055
* 4,810
** 1,950
** 11,752
** 9,692
** 85,008
* 851
* 379
**
65,086
4,899,481
4,787,204
112,277
4,314,716
1,620,754
80,208
125,353
612,814
177,326
696,679
71,625
24,009
556,884
40,508
286,507
*2
261,819
5,800
118,123
30,068
19,980
17,462
23,800
36,335
5,132
38,147
57,535
111,578
115,965
288,033
58,143
45,677
119,472
392,839
15,888
3,313
0
193,155
5,373,980
5,359,780
* 14,200
4,115,499
232,609
* 9,738
* 18,413
86,697
* [4]
* 127,469
* 9,707
10,506
2,411,729
83,982
374,131
0
59,079
* 142
57,244
22,454
48,247
* 1,838
2,565
33,877
* 28
32,519
34,348
57,582
64,769
52,861
14,253
38,944
116,913
315,400
13,660
* 418
0
12,290
634,304
626,905
7,399
562,266
104,968
* 15,453
* 15,217
* 46,609
* 15,697
28,286
* 16,292
2,021
22,305
* 128
98,138
0
19,428
3,093
10,366
5,612
433
* 8,403
8,635
4,664
*4
10,957
64,572
19,845
14,794
41,755
13,611
12,239
26,767
57,130
* 176
* 35
0
3,439
10,387,351
11,504,554
1,117,203
**
**
**
**
* 595
** -76,875
** 60,260
** 137,135
* 3,224
637,830
794,696
156,865
* 259
1,262,041
1,477,633
215,592
* 26
72,038
127,835
55,797
** 4,697
** 2,838,672
** 3,512,290
** 673,617
Footnotes at end of table.
Statistics of Income Bulletin
34
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing—continued
Net income status, item
Other transit
Pipeline
Water
Truck
and ground
transportation
transportation transportation
transportation
(55)
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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]
Excess—casualty depreciations, Form 8829 [3]
Net income [1,2]
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
3,961
497,874
497,179
* 695
419,129
146,945
* 281
* 11
* 2,450
*1
* 145,020
* 818
180
32,835
*3
* 7,173
0
34,747
* 947
13,564
1,692
1,538
* 1,471
4,081
1,946
* 74
* 1,634
3,046
17,613
13,536
58,827
7,041
6,294
2,778
60,405
* 695
* 32
0
0
79,038
* 987
* 7,904
* 64
* 7,840
(56)
(57)
498,708
** 332,469
68,134,026 ** 12,352,491
67,599,949 ** 12,120,131
534,078
** 232,360
56,634,319 ** 8,840,202
6,160,835
** 450,551
79,986
** 42,794
1,074,172
** 168,911
1,801,896
** 218,648
630,975
** 15,314
2,663,973
** 47,311
90,166
** 42,427
136,123
** 37,636
19,006,485 ** 2,053,392
767,791
** 239,479
4,992,749
** 301,278
* 2,364
** 12,256
3,233,243
** 428,834
44,779
** 2,548
2,230,351
** 399,768
208,679
** 39,409
1,821,310
** 96,327
91,230
** 50,402
278,631
** 21,859
262,975
** 35,756
3,623
** 287
1,238,010 ** 1,658,643
376,436
** 133,696
4,459,286
** 363,074
917,039
** 85,510
1,809,700
** 148,433
1,006,576
** 151,891
655,959
** 68,807
807,984
** 202,386
5,980,160 ** 1,755,381
104,161
** 44,803
10,715
** 6,326
0
**
* 2,198
**
11,504,554 ** 3,512,290
42,702
472,404
37,840
434,564
** 55,613
** 318,656
** 59,456
** 259,199
35
(58)
Support
activities for
Scenic
Couriers
transportation
and
and
(including
sightseeing
messengers
transportation motor vehicle
towing)
Warehousing
and
storage
facilities
(59)
(60)
(61)
(62)
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
**
** 5,435
** 292,388
** 292,302
* 86
** 232,583
* 24,595
**
* 9,896
**
* 14,390
* 309
**
* 24,543
* 7,429
* 1,103
* 15,725
*3
** 21,452
**
** 9,745
* 376
* 509
* 6,787
* 714
* 266
**
* 22,226
* 184
* 12,535
* 5,101
* 1,388
* 181
* 5,453
** 8,687
** 62,529
* 219
* 61
**
**
** 60,260
50,882
3,998,242
3,902,597
95,646
3,203,546
1,354,125
* 70,731
114,036
492,575
169,201
569,803
* 62,220
16,216
399,802
28,224
190,446
*2
128,818
4,684
61,018
22,635
14,734
3,184
11,930
29,340
* 5,111
25,354
49,659
75,838
87,163
208,393
41,317
19,309
90,106
297,642
14,237
2,099
0
0
794,696
153,936
4,589,737
4,589,600
* 136
3,115,664
* 64,345
* 1,031
0
* 54,186
0
* 10,184
* 1,056
4,854
1,852,400
* 67,322
355,273
0
40,361
* 80
45,615
18,336
43,335
* 1,835
* 2,080
25,075
0
30,127
18,502
39,326
53,826
* 38,349
13,079
28,922
79,216
244,570
13,660
* 418
0
* 259
1,477,633
8,866
467,247
465,204
* 2,043
339,412
* 58,672
* 6,111
* 14,683
* 19,037
* 592
* 25,437
* 7,188
871
10,268
*6
* 63,184
0
13,088
* 2,940
6,077
1,778
260
* 532
7,944
3,563
*4
* 5,390
43,207
7,088
8,370
34,447
7,038
6,147
8,821
37,318
* 172
* 30
0
0
127,835
**
**
**
**
* 1,028
* 3,122
* 831
* 2,291
18,373
130,968
24,257
106,711
29,794
172,883
35,819
137,063
* 4,371
* 35,645
* 12,226
* 23,419
Fall 2016
Sole Proprietorship Returns, 2014
Table 2.ௐNonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Information
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Data
processing,
internet
publishing
and
broadcasting,
and Web
search
portals
Total
Credit
intermediation
and related
activities
Total
Publishing
industries
(except
internet)
Motion
picture and
sound
recording
Broadcasting
(except
Internet)
and telecommunications
and Internet
service
providers
(63)
(64)
(65)
(66)
(67)
(68)
(69)
376,410
13,303,848
12,818,030
485,818
10,405,396
3,330,940
177,535
346,754
1,458,955
105,784
1,320,390
78,479
230,326
616,943
188,585
694,850
* 85
469,261
32,248
84,884
141,551
110,078
7,111
42,200
156,201
9,467
92,231
356,582
85,547
309,746
779,941
104,172
284,064
406,827
1,606,942
214,993
29,183
* 17
58,120
1,745,094
1,718,265
26,829
1,385,104
583,343
27,715
* 133,797
168,468
12,791
277,224
36,651
16,006
69,369
24,346
81,022
0
12,349
10,303
9,602
21,246
11,498
* 135
3,556
20,991
* 391
4,633
40,104
3,943
21,596
116,226
17,237
41,348
50,715
184,451
27,431
1,762
0
121,705
4,151,735
3,973,818
177,917
3,237,249
682,171
4,896
151,204
165,432
19,207
347,580
6,149
73,003
251,432
19,921
195,276
*7
300,205
3,213
22,255
51,185
46,043
* 2,248
18,551
40,766
6,737
49,080
124,167
34,181
162,418
184,518
33,108
124,292
110,142
582,289
110,181
14,958
0
89,273
4,245,166
4,202,875
42,290
3,238,816
1,134,671
138,432
* 52,813
825,369
* 21,770
114,622
18,336
47,620
173,201
86,781
282,893
* 56
103,690
14,296
31,728
34,861
34,837
3,177
12,418
57,101
1,441
26,360
112,738
15,251
76,531
320,169
36,854
61,704
143,041
371,484
42,888
6,728
* 17
107,311
3,161,853
2,923,071
238,782
2,544,228
930,756
6,492
* 8,940
299,686
52,017
580,963
17,343
93,697
122,941
57,537
135,658
* 23
53,016
4,436
21,300
34,260
17,700
* 1,551
7,676
37,343
* 899
12,158
79,573
32,171
49,201
159,028
16,973
56,720
102,929
468,719
34,492
5,735
0
626,057
81,021,232
79,625,123
1,396,109
60,696,635
27,962,571
589,068
179,385
13,645,515
124,933
13,957,522
533,852
1,111,076
3,053,179
3,000,074
1,218,473
5,794
690,630
189,315
595,935
765,692
526,576
102,621
420,318
913,922
126,650
216,885
1,581,721
238,091
509,497
4,831,530
637,728
913,207
1,270,650
9,448,599
300,874
49,604
* 61
40,596
2,716,778
2,646,550
70,228
2,264,765
882,859
68,905
* 4,879
699,954
* 68,223
102,399
61,501
36,759
108,229
46,496
83,796
* 88
20,992
3,649
13,607
75,100
14,461
8,543
68,216
30,647
* 3,210
12,917
79,726
15,918
31,670
126,740
30,230
28,454
60,937
451,715
24,672
* 3,635
* 18
42,285
2,917,718
4,024,710
1,106,993
* 443
359,339
483,176
123,837
30,960
925,129
1,351,598
426,469
* 7,073
1,006,991
1,244,678
237,687
3,809
626,258
945,258
319,000
66,647
20,364,729
23,668,099
3,303,369
* 406
479,969
672,787
192,818
Net income status, item
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
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 expenses
Home office business deductions, total
Depreciation, Form 8829 [3]
Casualty loss, Form 8829 [3]
Carryover of excess casualty losses and
depreciation, Form 8829 [3]
Finance and insurance
Footnotes at end of table.
Statistics of Income Bulletin
36
Fall 2016
Sole Proprietorship Returns, 2014
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2014—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Information
Net income status, item
BUSINESSES WITH NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income
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
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