# 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
R

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Airs%3Acf9466ef2a8be2c0. Public record. Not legal advice.