Sole Proprietorship Returns, Tax Year 2018
Agency decision
Ask Donna
What actually matters in this document.
Text
Sole Proprietorship Returns, Tax Year 2018
by Adrian Dungan
F
or Tax Year 2018, there were approximately 27.1 million
individual income tax returns that reported nonfarm sole
proprietorship activity, a 2.6-percent increase from Tax
Year 2017. Total receipts reported by nonfarm sole proprietorships increased 3.8 percent, while deductions increased 4.7 percent, and profits rose 0.7 percent to $348.5 billion in 2018. In
constant dollars, total receipts rose by 1.4 percent, deductions
rose by 2.3 percent, and profits decreased by 1.6 percent. Total
profits as a percentage of business receipts were 21.9 percent
for the year, down from 22.6 percent for the prior year. The
professional, scientific, and technical services sector remained
the sector with the largest share of profits at 24.4 percent, with
profits increasing by 2.6 percent to $85 billion. Most sectors saw
increases in profits, with the largest percentage increase in the
arts, entertainment and recreation sector, which increased 11.1
percent to $12.8 billion.
The construction sector reported the largest percentage of
total business receipts (17 percent) and total business deductions (18.2 percent). The transportation and warehousing sector
reported the largest percentage increase in business receipts
(18.2 percent) and also reported the largest dollar increase in
business receipts, jumping $21.6 billion.
Returns and Receipts
Between Tax Years 2017 and 2018, the number of individual
income tax returns reporting nonfarm sole proprietorship activity increased 2.6 percent to 27.1 million (Figure A).1 The transportation and warehousing sector had the largest percentage
increase in the number of returns among all sectors, increasing
10 percent for Tax Year 2018 after increasing by 18.6 percent
in Tax Year 2017. Growth in ride-sharing businesses contributed to these large increases. The subsector of the transportation and warehousing sector specific to “Taxis, limousines, and
other ride-sharing services” accounted for 27.8 percent of the
total increase in the number of business returns in the sector
for Tax Year 2018. This subsector also made up much of the
total increase in the number of business returns for Tax Years
2015 (69.1 percent) and 2016 (79.9 percent) and 2017 (51.6
percent). Between Tax Years 2013 and 2018, the average business receipts per return in this subsector fell from $36,420 to
Figure A
Nonfarm Sole Proprietorship Returns, Receipts, and Deductions, by Selected Industrial Sector, Tax Years 2017 and 2018
[Number of returns is in thousands—money amounts are in billions of dollars]
Selected industrial sector
2017
(1)
Number of returns
Percentage
2018
change
(2)
(3)
Total business receipts
Percentage
2017
2018
change
(4)
(5)
(6)
Total business deductions [1]
Percentage
2017
2018
change
(7)
(8)
(9)
All nonfarm industries
26,426.4
27,117.2
2.6
1,531.3
1,589.7
3.8
1,186.5
1,242.4
4.7
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
services
Health care and social assistance
Arts, entertainment, and recreation
Other services
All other sectors
2,832.3
333.5
2,434.0
2,354.3
660.2
1,351.7
3,536.3
2,901.7
349.7
2,401.8
2,589.2
673.6
1,362.2
3,650.3
2.4
4.9
-1.3
10.0
2.0
0.8
3.2
265.5
50.0
180.8
118.6
83.8
93.4
200.5
269.9
53.3
187.6
140.2
90.0
93.0
203.6
1.6
6.6
3.7
18.2
7.4
-0.5
1.6
221.7
45.1
170.5
102.0
61.0
60.5
117.9
225.6
48.9
176.7
122.4
66.2
62.1
118.8
1.8
8.5
3.6
20.0
8.5
2.6
0.7
2,601.8
2,626.4
0.9
84.4
83.4
-1.3
60.2
60.0
-0.2
2,131.2
1,696.1
3,429.9
3,065.2
2,071.6
1,723.8
3,623.4
3,143.6
-2.8
1.6
5.6
2.6
122.5
49.4
113.1
169.3
120.1
51.8
122.9
174.1
-2.0
4.9
8.7
2.8
75.4
37.9
83.5
150.9
74.3
39.1
92.2
156.1
-1.4
3.1
10.4
3.5
[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, November 2020.
For Tax Year 2018, the 27,117,163 nonfarm sole proprietorship returns accounted for an estimated 30,790,001 nonfarm businesses. For purposes of these 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. The Statistics of Income Division applied these classifications on a “per business” (rather
than on a “per establishment”) basis by combining various industry groups, although businesses were further combined as described above. While the wording of the industry titles used for the
sole proprietorship statistics diverge somewhat from those appearing in NAICS, the definitions are consistent.
NAICS 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 1998–2018 with 1997 and prior years may show inconsistencies. A reason for this is that several types of sole proprietorships under NAICS were classified in
completely different industrial groups, which makes prior-year comparisons under the SIC system inappropriate. For example, in 1997, finance, insurance, and real estate were classified as one
industry under the SIC system, while under the NAICS system, the group is split into two industrial sectors. The industrial sectors based on the NAICS codes are reported in Tables 1 and 2.
1
Statistics of Income
Statistics of Income Bulletin | Spring 2021
www.irs.gov/statistics
Sole Proprietorship Returns, Tax Year 2018
Figure B
Nonfarm Sole Proprietorships: Income Statements, for Taxis and Limousines, Including Ride-Sharing Services, Tax Years 2014–2018
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Net income status, item
Taxis and Limousines, including ride-sharing services
2013
2014
2015
2016
2017
2018
(1)
(2)
(3)
(4)
(5)
(6)
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
Other business income (loss) [1]
230,481
8,394,177
8,238,769
155,408
331,281
10,874,894
10,658,172
216,722
555,046
12,808,899
12,680,939
127,959
847,065
16,667,209
16,445,007
222,202
1,037,701
21,538,304
21,283,180
255,124
1,103,024
26,481,055
26,077,063
403,992
Business deductions, total [1,2]
Cost of sales and operations
Advertising expenses
Car and truck expenses
Commissions
Contract labor
Depreciation
Insurance
Legal and professional services
Meals and entertainment deducted
Other interest paid on business indebtedness
Office expenses
Rent paid on machinery and equipment
Rent paid on other business property
Repairs
Supplies
Salaries and wages
Taxes paid
Travel
Utilities
Other business expenses
6,026,516
85,707
58,833
1,446,115
179,673
193,757
252,269
303,001
36,102
68,614
49,441
21,934
1,244,278
149,334
209,576
41,890
115,582
89,953
53,945
145,183
1,206,370
8,405,469
220,143
46,425
2,154,758
230,200
278,918
362,876
403,056
45,489
85,709
13,270
29,264
1,676,672
120,421
289,536
125,806
103,728
139,797
73,095
199,119
1,669,365
10,153,715
200,268
60,397
2,725,539
487,736
199,810
488,304
382,624
60,581
89,987
34,864
57,056
1,613,450
234,897
359,142
99,870
109,566
122,103
74,806
320,180
2,206,131
13,459,248
168,933
69,043
4,480,628
794,283
179,858
459,246
487,139
77,012
224,901
30,653
75,168
1,622,525
227,218
375,638
199,312
219,346
211,215
105,037
429,427
2,728,782
17,853,556
203,540
90,730
6,469,898
1,222,840
489,904
678,466
520,928
135,018
273,547
39,506
97,634
1,484,949
242,263
528,036
245,197
129,258
222,812
206,122
581,156
3,685,076
22,749,710
137,168
114,344
8,946,327
1,661,332
277,689
649,395
551,804
189,579
295,317
62,813
130,595
1,407,164
263,762
640,663
387,074
115,582
263,331
291,242
749,740
5,292,885
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
2,367,665
2,629,448
261,783
2,470,162
2,940,526
470,364
2,656,632
3,457,190
800,558
3,223,125
4,382,503
1,159,378
3,694,665
5,485,379
1,790,714
3,760,332
6,176,837
2,416,505
Returns with Schedule C-EZ:
Number of returns
Business receipts
Business deductions
Net income
23,418
223,733
39,465
184,268
36,026
197,099
39,656
157,444
126,124
502,216
164,642
337,574
193,612
595,387
198,272
397,116
169,286
731,185
224,661
506,525
107,768
522,547
160,568
361,979
BUSINESSES WITH AND WITHOUT
NET INCOME
[1] Includes returns with Schedule C-EZ attached. Schedule C-EZ was filed for certain small businesses, i.e., those with net incomes, business expenses of $5,000 or less, used the cash accounting method,
with no inventories or employees, and with no deduction for a home office business and no allowable "passive" activity losses. Because only a total is reported for business deductions on Schedule C-EZ, the
totals shown in the statistics exceed the sum of the detailed deductions; the detailed deductions are, therefore, slightly understated.
[2] Total business deductions are before subtraction of nonallowable "passive" activity losses and any "passive loss" carryover from the prior years. However, these losses (after subtraction) and any carrryover
are reflected in net income or deficit. Therefore, total business receipts minus total business deductions may not always equal net income or deficit.
[3] Total business deductions will not be equal to the total as items with an estimate based on a small number of sample returns have been removed.
NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns 2018, November 2020.
$24,008. This large drop was driven by substantial increases in
the number of returns for this subsector coupled with smaller
gains in total business receipts over this same period (Figure B).
However, average business receipts for 2018 were up from the
2017 level of $20,756. For the transportation and warehousing
sector more broadly, 87.9 percent of the returns had business
receipts of $100,000 or less; these returns accounted for 49.8
percent of total profits (Figure B1). Similarly, both the administrative and support and waste management services and the
construction sector had a relatively large percentage of profits accounted for by returns with business receipts of less than
Statistics of Income Bulletin
$100,000. In the administrative and support and waste management services sector, 95 percent of returns had business receipts
less than $100,000; these returns accounted for 62.3 percent of
the sectors’ total profits. The construction sector had 82.5 percent of such returns, accounting for 46.4 percent of its total profits. The finance and insurance sector and the wholesale trade
and retail trade sectors had much lower percentages of profits
accounted for by returns with business receipts of $100,000 or
less. The professional, scientific, and technical services sector
had the largest number of returns with business receipts less
than $100,000, increasing 3.5 percent to 3.2 million returns.
4
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure B1
Nonfarm Sole Proprietorships: Percentage of Industry’s Total Returns and Total Net Income for Returns with Business Receipts
Equal To or Less Than $100,000, by Selected Industry, Tax Year 2018
36.8%
All nonfarm industries
89.7%
62.3%
Administrative and support and waste management services
95.0%
49.8%
Transportation and warehousing
87.9%
46.4%
Construction
82.5%
36.3%
Arts, entertainment, and recreation
96.1%
33.8%
Health care and social assistance
90.2%
28.5%
Professional, scientific, and technical services
88.4%
27.0%
Real estate and rental and leasing
Finance and insurance
15.2%
Wholesale trade (merchant wholesalers)
14.9%
85.0%
78.9%
84.2%
3.5%
Retail trade
0%
10%
89.0%
20%
30%
40%
50%
60%
Net income less deficit (profits)
70%
80%
90%
100%
Number of returns
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020
Overall, returns with business receipts of $100,000 or less comprised 89.7 percent of all sole proprietor returns but earned just
36.8 percent of the profits.
For all nonfarm sole proprietorship industries, total business
receipts (the sum of “income from sales and operations” and
“other business income”) increased 3.8 percent, from $1,531.3
billion to $1,589.7 billion (Figure A).2 The transportation and
warehousing sector showed the largest percentage increase in
business receipts, increasing 18.2 percent to $140.2 billion
for Tax Year 2018. The finance and insurance business sector
experienced the second largest percentage increase in business
receipts, jumping by 7.4 percent to $90 billion. In constant
dollar terms, total business receipts for nonfarm sole proprietorships increased 1.4 percent to $1,441.3 billion for the year
(Figure C).3
Deductions
Total business deductions (“cost of sales and operations” plus
business expenses, including expenses for home offices) in current dollars increased 4.7 percent, from $1,186.5 billion in Tax
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 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:
2
Year
Indices
Year
Indices
Year
Indices
1988
59.059
2000
78.078
2012
100
1989
61.374
2001
79.79
2013
101.755
1990
63.671
2002
81.052
2014
103.638
1991
65.825
2003
82.557
2015
104.717
1992
67.325
2004
84.78
2016
105.801
1993
68.92
2005
87.421
2017
107.794
1994
70.392
2006
90.066
2018
110.292
1995
71.868
2007
92.486
1996
73.183
2008
94.285
1997
74.445
2009
95.004
1998
75.283
2010
96.111
1999
76.37
2011
98.118
Statistics of Income Bulletin
5
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure C
Nonfarm Sole Proprietorship Receipts, Deductions, and Profits, Tax Years 1988–2018
[Money amounts are in billions of dollars]
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
2015
2016
2017
2018
Total business receipts
Constant dollars [2]
Current dollars
Percentage
Amount
change
(1)
(2)
(3)
672.0
1,137.8
[3]
692.8
1,128.8
-0.8
730.6
1,147.5
1.7
712.6
1,082.6
-5.7
737.1
1,094.8
1.1
757.2
1,098.7
0.4
790.6
1,123.2
2.2
807.4
1,123.4
[4]
843.2
1,152.2
2.6
870.4
1,169.2
1.5
918.3
1,219.8
4.3
969.3
1,269.3
4.1
1,021.0
1,307.6
3.0
1,016.8
1,274.4
-2.5
1,029.7
1,270.4
-0.3
1,050.2
1,272.1
0.1
1,139.5
1,344.1
5.7
1,222.9
1,398.8
4.1
1,278.4
1,419.4
1.5
1,324.4
1,432.0
0.9
1,317.4
1,397.3
-2.4
1,178.4
1,240.4
-11.2
1,195.5
1,243.9
0.3
1,265.9
1,290.2
3.7
1,301.6
1,301.6
0.9
1,341.6
1,318.4
1.3
1,393.9
1,345.0
2.0
1,443.6
1,379.8
2.6
1,422.2
1,345.2
-2.5
1,531.3
1,421.7
5.7
1,589.7
1,441.3
1.4
Total business deductions [1]
Constant dollars [2]
Current dollars
Percentage
Amount
change
(4)
(5)
(6)
545.7
924.0
[3]
560.2
912.8
-1.2
589.2
925.4
1.4
571.2
867.8
-6.2
583.1
866.1
-0.2
600.8
871.7
0.6
623.8
886.2
1.7
638.1
887.9
0.2
666.5
910.7
2.6
683.9
918.6
0.9
716.2
951.3
3.6
761.4
997.0
4.8
806.4
1,032.8
3.6
799.6
1,002.2
-3.0
808.9
998.0
-0.4
820.2
993.5
-0.5
892.4
1,052.6
5.9
953.4
1,090.6
3.6
1,001.1
1,111.5
1.9
1,044.3
1,129.2
1.6
1,053.7
1,117.6
-1.0
934.5
983.7
-12.0
929.0
966.6
-1.7
984.2
1,003.1
3.8
997.6
997.6
-0.6
1,040.4
1,022.4
2.5
1,078.5
1,040.6
1.8
1,112.8
1,063.6
2.2
1,094.9
1,035.6
-2.6
1,186.5
1,101.6
6.4
1,242.4
1,126.4
2.3
Net income less deficit (profits)
Constant dollars [2]
Current dollars
Percentage
Amount
change
(7)
(8)
(9)
126.3
213.9
[3]
132.7
216.2
1.1
141.4
222.1
2.7
141.5
215.0
-3.2
154.0
228.7
6.4
156.5
227.0
-0.8
166.8
237.0
4.4
169.3
235.5
-0.6
176.8
241.5
2.6
186.6
250.7
3.8
202.3
268.7
7.2
207.9
272.3
1.3
214.7
275.0
1.0
217.4
272.4
-0.9
221.1
272.8
0.1
230.3
279.0
2.3
247.6
292.0
4.7
269.9
308.8
5.7
278.0
308.7
-0.0
280.6
303.4
-1.7
264.5
280.5
-7.5
244.8
257.7
-8.1
267.7
278.5
8.1
282.6
288.1
3.4
304.9
304.9
5.8
302.3
297.1
-2.6
317.1
305.9
3.0
331.8
317.2
3.7
328.2
310.4
-2.1
346.2
321.5
3.5
348.5
316.0
-1.7
[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 2012 = 100.
[3] Not calculated.
[4] Less than 0.05 percent.
NOTE: Percentages were calculated before rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
Year 2017 to $1,242.4 billion in Tax Year 2018 (Figure A).4, 5 In
constant dollars, total business deductions increased 2.3 percent
in 2018 (Figure C).
Deductions for the construction sector, the largest sector in
terms of total business deductions, increased 1.8 percent, from
$221.7 billion in 2017 to $225.6 billion in 2018. The transportation and warehousing sector had the largest percentage increase of
total business deductions, increasing 20 percent to $122.4 billion.
The cost of sales and operations, which represented 35.6 percent of total Tax Year 2018 business deductions ($441.7 billion), increased 2.1 percent from Tax Year 2017 (Table 2). Total
business “expenses” (total business deductions minus the cost
of sales and operations) were $800.7 billion for 2018, a 6.2-percent increase from the previous tax year. The main components
of total business expenses are highlighted in Figure D. The two
largest components were car and truck expenses, accounting for
Sole proprietors report personal, i.e., nonbusiness income and expense items apart from business income or loss, which is reported on Profit or Loss From Business (Schedule C) (or, to a lesser
extent, on Net Profit From Business) (Schedule C-EZ). Salaries paid to owners are neither deducted as wages paid on Schedule C nor included as wages received on U.S. Individual Income Tax
Return (Form 1040). Similarly, sole proprietors deduct charitable contributions made through the business as personal expenses on Itemized Deductions (Schedule A). 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 Expenses for Business Use of Your Home (Form 8829) and
the deductible portion brought forward to Schedule C. In some cases, these expenses were limited. Starting in Tax Year 2013, sole proprietors could also use a simplified method to determine
these costs by reporting on Schedule C square footage (up to 300 square feet) used for the home office. The taxpayer could then take $5 per square foot as a business 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.
4
Statistics of Income Bulletin
6
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
$105.6 billion (13.2 percent) and salaries and wages, accounting
for $97.9 billion (12.2 percent).
Historically, constant dollar depreciation increased almost
every year from 1993 through 2003.6 Between Tax Years 2004
and 2009, constant dollar depreciation dropped significantly,
going from $48.1 billion to $34.5 billion. In Tax Year 2012, it
dropped to $32.5 billion, but subsequently climbed back to $39
billion by 2017 (Figure E). Increases in Tax Years 2003 and
2008 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. This change led to a constant dollar depreciation increase of 11.7 percent for 2003, which was the second
highest growth in depreciation of any year between Tax Years
1988 and 2018. But, the initial jump in depreciation was followed by trends of decreased depreciation, which is consistent
with deductions being accelerated into the year of expensing.
Constant dollar declines of depreciation were reported for Tax
Years 2005, 2006, and 2007. This downward trend was particularly pronounced in 2005, as constant dollar depreciation fell
by 11.7 percent, followed by decreases of 3.2 percent in 2006
and 1.0 percent in 2007. During this same 3-year period, section 179 limits gradually increased for inflation, finally rising to
$125,000 in 2007.7 In 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 Tax Year 2009
and depreciation dropped 17.3 percent, which was the largest
decrease since at least 1988. In Tax Year 2010, the section 179
limit was again doubled to $500,000, but constant dollar depreciation increased by only 0.4 percent, from $34.5 billion to $34.7
billion. The limit was increased as part of the stimulus packages
created in response to the Great Recession.8 The section 179
limit remained $500,000 for Tax Years 2011 through 2017. For
2011, constant dollar depreciation dropped by 0.7 percent; in
2012 it dropped another 5.6 percent to $34.2 billion, the lowest
level over the 31 years of this study. The Tax Cut and Jobs Act
of 2017 (TCJA) increased the additional first-year depreciation
deduction in IRC section 168(k) from 50 percent to 100 percent for qualified property acquired and placed in service after
September 27, 2017, and before January 1, 2023. The TCJA also
Figure D
Components of Nonfarm Sole Proprietorship Business Expenses
as a Percentage of Total Business Expenses, Tax Year 2018
Total interest
1.3
Office expenses
1.8
Advertising expenses
2.2
Commissions
2.3
Travel
2.4
Taxes paid
2.6
Repairs
2.7
Insurance
2.8
Utilities
4.3
Supplies
5.9
Depreciation [1]
6.3
Rent
on machinery,
equipment
Rent
paidpaid
on machinery,
equipment
and
andbusiness
other business
property
other
property
6.7
Contract labor
8.7
Salaries and wages
12.2
Car and truck expenses
13.2
Other business deductions [2]
24.5
0
5
10
15
20
25
30
Percentage of total business expenses
[1] Depreciation claimed on Expenses for Business Use of Your Home (Form 8829) is included in
"home office business deductions" and excluded from "depreciation" shown above. See footnote [2]
below.
[2] Includes depletion; employee benefit programs; total interest; legal and professional services;
pension and profit-sharing plans; meals and entertainment; home office; and other business expenses.
Other business deductions also includes all Net Profit from Business (Schedule C-EZ) deductions ($4.6
billion).
NOTES: Total business expenses equals all business deductions minus cost of sales and operations.
Percents are based on estimated total business expenses of $800.7 billion. Detail may not add to 100
percent because of rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
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 in 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 Depreciation and Amortization (Form 4562) increased 32.4 percent to $13.5 billion for 1993.
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 to $102,000 for
2004, and to $105,000 and $108,000 for 2005 and 2006, respectively. 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 Depreciation and Amortization (Form 4562) 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 could 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. By 2018, this had increased to $50.2
billion. These numbers do not reflect depreciation solely deducted on the Schedule C, as this could also include depreciation taken on the Supplemental Income and Loss (Schedule E), the Profit
or Loss From Farming (Schedule F), and the Farm Rental Income and Expenses (Form 4835).
6
Statistics of Income Bulletin
7
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure E
Nonfarm Sole Proprietorship Net Income, Deficit, and Depreciation, Tax Years 1988–2018
[Money amounts are in billions of dollars]
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
2015
2016
2017
2018
Constant dollars [1]
Current dollars [1]
Percentage change in constant dollars [1]
Net income
Deficit
Depreciation [2]
Net income
Deficit
Depreciation [2]
Net income
Deficit
Depreciation [2]
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
145.5
152.4
161.7
162.4
173.5
177.0
187.8
191.7
200.1
210.5
226.2
233.4
245.2
250.2
257.3
269.1
290.5
314.8
326.8
335.1
325.3
308.9
323.2
337.0
357.1
357.4
374.5
392.1
389.1
415.8
430.0
19.2
19.7
20.2
20.9
19.5
20.5
21.0
22.5
23.4
23.8
23.9
25.5
30.5
32.8
36.2
38.8
42.9
44.8
48.7
54.5
60.8
64.1
55.5
54.3
52.2
55.1
57.5
60.3
60.9
69.5
81.5
26.1
24.5
23.7
23.1
23.3
25.0
26.2
26.2
27.4
28.6
29.1
30.6
32.2
33.4
36.6
41.8
42.9
39.1
39.0
39.6
41.4
34.5
35.1
35.6
34.2
35.4
36.6
38.4
38.4
42.1
50.8
246.4
248.3
254.0
246.7
257.7
256.8
266.8
266.8
273.5
282.7
300.5
305.6
314.1
313.5
317.4
325.9
342.6
360.0
362.8
362.3
345.0
325.1
336.3
343.5
357.1
351.3
361.4
374.8
368.1
386.0
389.9
[3]
0.8
2.3
-2.9
4.5
-0.3
3.9
[4]
2.5
3.4
6.3
1.7
2.8
-0.2
1.2
2.7
5.1
5.1
0.8
-0.1
-4.8
-5.8
3.4
2.1
4.0
-1.6
2.9
3.7
-1.8
4.9
1.0
[3]
-1.3
-1.2
0.1
-8.8
2.7
0.3
4.8
2.1
0.2
-0.7
4.9
17.2
5.2
8.6
5.2
7.8
1.3
5.5
9.0
9.3
4.6
-14.3
-4.1
-5.8
3.9
2.3
3.9
[4]
12.0
14.4
[3]
-9.7
-6.8
-5.7
-1.4
4.8
2.6
-1.9
2.4
2.8
0.6
3.7
2.8
1.6
7.9
11.9
0.1
-11.7
-3.1
-1.0
2.5
-17.3
0.5
-0.7
-5.7
1.5
1.5
4.1
-1.1
7.5
17.9
32.5
32.1
31.7
31.8
29.0
29.7
29.8
31.3
31.9
32.0
31.8
33.3
39.1
41.1
44.6
47.0
50.6
51.3
54.1
59.0
64.4
67.4
57.8
55.4
52.2
54.2
55.5
57.6
57.6
64.6
73.9
44.2
39.9
37.2
35.1
34.6
36.3
37.2
36.5
37.4
38.5
38.7
40.1
41.2
41.9
45.2
50.6
50.6
44.7
43.3
42.9
44.0
36.4
36.5
36.3
34.2
34.8
35.3
36.7
36.3
39.1
46.0
[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 2012 = 100.
[2] Excludes depreciation claimed on Expenses for Business Use of Your Home (Form 8829).
[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, November 2020.
expanded bonus depreciation to certain used property. Tax Year
2018 was the first year that the TCJA impacted depreciation and
accordingly, constant dollar depreciation rose by 18 percent to
$46 billion. This represents the highest percent real growth in
depreciation for all 31 years included in this study.
Beginning with Tax Year 1992, certain smaller businesses
could elect not to itemize depreciation and other business deductions by filing Schedule C-EZ, Net Profit From Business, a
simplified version of Schedule C, Profit or Loss From Business.
(Schedules C and C-EZ are the sources of nonfarm sole proprietorship statistics.) For Tax Year 2018, taxpayers could use
Schedule C-EZ if they: had business expenses of $5,000 or
less; used the cash accounting method; had no inventories; did
not report a loss from the business; had only one business as
a sole proprietor; had no employees; were not required to 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, based only on
Schedule C returns, are slightly understated and do not sum to
the total deductions in Figure C.
For Tax Year 2018, approximately 5.4 million taxpayers filed
the Schedule C-EZ. The sectors with the highest percentage of
Schedule C-EZ filers were the administrative and support sector
(27.8 percent of total returns) and the health care and social assistance sector (24.3 percent of total returns). The sectors with
the lowest rates of Schedule C-EZ filings were real estate and
wholesale trade with 9.2 percent and 13 percent of returns respectively (Figure F).9
For 2018, business receipts from Schedule C-EZ filers totaled
$45 billion, or 2.8 percent of total business receipts reported.
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.
9
Statistics of Income Bulletin
8
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure F
All Nonfarm Sole Proprietorship Returns and Those with Schedule C-EZ, by Selected Industrial Sector, Tax Year 2018
[Number of returns is in thousands, money amounts are in millions of dollars]
Selected industrial sector
All nonfarm industries
Construction
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Finance and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Administrative and support and waste
management services
Health care and social assistance
Arts, entertainment, and recreation
Other services
All other industries
Number of returns
Total business receipts
(1)
With
Schedule
C-EZ
(2)
Percentage
of
total
(3)
(4)
On
Schedule
C-EZ
(5)
Percentage
of
total
(6)
27,117.2
2,901.7
349.7
2,401.8
2,589.2
673.6
1,362.2
3,650.3
5,350.7
455.2
45.3
334.4
329.8
78.1
130.8
662.5
19.7
15.7
13.0
13.9
12.7
11.6
9.6
18.1
1,589,748.6
269,860.1
53,250.5
187,588.9
140,187.9
90,012.3
92,951.7
203,648.3
44,963.8
4,881.3
427.4
1,830.3
1,978.7
948.1
1,440.8
7,847.4
2.8
1.8
0.8
1.0
1.4
1.1
1.6
3.9
2,626.4
2,071.6
1,723.8
3,623.4
3,143.6
729.7
503.8
428.8
789.8
862.6
27.8
24.3
24.9
21.8
27.4
83,385.0
120,062.5
51,768.2
122,912.4
174,120.7
6,192.7
5,147.3
2,183.1
6,920.3
5,166.6
7.4
4.3
4.2
5.6
3.0
Total
Total
Total business deductions [1]
On
Schedule
C-EZ
(8)
Percentage
of
total
(9)
1,242,400.4
225,606.1
48,921.6
176,712.2
122,388.0
66,157.9
62,067.4
118,755.6
4,617.2
428.1
38.4
274.8
392.3
40.4
191.6
612.8
0.4
0.2
0.1
0.2
0.3
0.1
0.3
0.5
60,024.8
74,319.2
39,128.7
92,237.0
156,081.9
584.3
392.4
357.2
787.7
517.2
1.0
0.5
0.9
0.9
0.3
Total
(7)
[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 Net Profit From Business (Schedule C-EZ). 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, November 2020.
Business 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 $1,242.4 billion. The
largest concentration of Schedule C-EZ filers was in the administrative and support services sector, which accounted for 7.4
percent of that sector’s total business receipts and 1 percent of
that sector’s total business deductions.
Figure G
Nonfarm Sole Proprietorship Profits, by Selected Industrial
Sector, Tax Years 2017 and 2018
[Money amounts are in billions of dollars]
Net income less deficit (profits)
Selected industrial sector
Profits and Losses
Total profits increased 0.7 percent, from $346.2 billion for Tax
Year 2017 to $348.5 billion for Tax Year 2018. By industrial
sector, changes to profits were mixed, with 7 of the 12 sectors
analyzed reporting increased sole proprietorship profits (net
income less deficit). The professional, scientific, and technical
services sector reported the largest percentage of total profits of
all nonfarm sole proprietorships, with 24.4 percent ($85 billion),
and the sector had a $2.2 billion (2.6-percent) increase in profits for 2018 compared to the previous year. The second largest
sector by profits, health care and social assistance, reported a
decrease in profits over last year, falling 2.9 percent to $45.9
billion. The largest percentage increase in profits was realized
in the arts, entertainment and recreation sector, which jumped
11.1 percent for a gain of $1.3 billion. Figure C presents total
profits for all industries (in both current and constant dollars)
since 1988, while Figures G and H present profits by industrial
sector for 2017 and 2018.10
In constant dollars, total profits dropped by 1.7 percent for
2018 going from $321.2 billion in 2017 to $316 billion in 2018.
Figure I shows net income less deficits as a percentage of business receipts for 1988 through 2018. In general, this percentage
10
2017
2018
Percentage
change
(3)
(1)
(2)
All nonfarm industries
346.2
348.5
0.7
Construction
43.8
44.3
1.2
-10.9
Wholesale trade (merchant wholesalers)
4.9
4.4
Retail trade
10.4
10.9
5.4
Transportation and warehousing
16.8
17.9
6.9
Finance and insurance
22.9
23.9
4.4
Real estate and rental and leasing
33.0
31.0
-6.2
Professional, scientific, and technical services
Administrative and support and waste
management services
Health care and social assistance
82.8
85.0
2.6
24.4
23.4
-3.8
47.3
45.9
-2.9
Arts, entertainment, and recreation
11.5
12.8
11.1
Other services
29.6
30.7
3.6
All other sectors
18.9
18.3
-3.1
NOTES: Detail may not add to totals because of rounding. Percentage changes were
calculated before rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
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. Since
2010, net income less deficit as a percentage of total business
receipts has been between 21.9 (2018) and 23.4 percent (2012).
The 21.9 percent observed in 2018 is the same as the percentage observed in 2003. Figure E presents net income and deficit
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
9
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure H
Nonfarm Sole Proprietorships: Selected Industrial Sector Profits
as a Percentage of Total Profits, Tax Year 2018
Wholesale trade (merchant wholesalers)
separately for 1988 through 2018 in current and constant dollars.
For 2018, net income (in constant dollars) increased by 1 percent and deficit (in constant dollars) increased by 14.4 percent.
Limited Liability Companies
1.2
Retail trade
3.1
Arts, entertainment, and recreation
3.7
Transportation and warehousing
5.1
All other sectors
5.3
Administrative and support and waste
management services
6.7
Finance and insurance
6.9
Other services
8.8
Real estate and rental and leasing
8.9
Construction
12.7
Health care and social assistance
13.2
Professional, scientific, and technical
services
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 owned by one individual. In 2001, there
were a little over 126,000 sole proprietorship returns that indicated status as an LLC or just 0.7 percent of total sole proprietorship returns (Figure J). In contrast, for Tax Year 2018, there
were 2.1 million such sole proprietorships, which accounted for
7.8 percent of the total nonfarm sole proprietorship returns, a
more than 16-fold increase in the number of returns since 2001.
The share of total nonfarm sole proprietorship business receipts
attributed to LLCs also rose during this period, from approximately 2.3 percent in 2001 to 28.9 percent in 2018 (Figure K).
Similarly, the portion of total net income (less deficit) of all nonfarm sole proprietorships attributable to LLCs increased, from
1.0 percent in 2001 to 15.9 percent in 2018.
24.4
0
5
10
15
20
25
30
Percentage of total profits
NOTES: Percentages are based on estimated total profits of $348.5 billion. Detail may not add to 100
percent because of rounding. Profits is a designation for "net income less deficit," discussed elsewhere
in this article.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
Figure I
Nonfarm Sole Proprietorship Net Income Less Deficit (Profits) as a Percentage of Total Business Receipts, Tax Years 1988–2018
Percentage
25
24
23.4
23
22.4
22.0
21.4
20.9
21
21.1
20.7
19.2
22.3
21.7
21.4
21.5
21.7
23.0
23.1
22.6
22.5
21.9
21.2
21.0
20.8
19.9
20
18
21.5
21.0
21.0
22.1
21.9
22
19
22.7
20.1
19.4
18.8
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 2015 2016 2017 2018
Tax year
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
Statistics of Income Bulletin
10
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure J
Number of Nonfarm Sole Proprietorships Registered as Limited Liability Companies (LLCs), Tax Years 2001–2018
Tax year
2018
2,119,147
2017
2,066,851
2016
1,868,459
2015
1,715,430
2014
1,619,099
2013
1,474,592
2012
1,324,196
2011
1,125,132
2010
1,059,910
2009
991,809
2008
842,819
2007
746,885
2006
606,889
2005
455,734
2004
309,665
2003
220,615
2002
145,839
2001
126,437
0
500,000
1,000,000
1,500,000
2,000,000
Number of returns filed by nonfarm sole proprietorships registered as LLCs
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
Figure K
Number of Returns, Business Receipts, and Profits for All Nonfarm Sole Proprietorships and Those Registered as Limited Liability
Companies (LLCs), Tax Years 2001–2018
[Money amounts are in thousands of dollars]
Number of returns
Tax Year
Total business receipts
All Nonfarm
Sole
Proprietorships
Nonfarm Sole
Proprietorships
registered
as LLCs
LLCs Percentage
of all
Nonfarm Sole
Proprietorships
(1)
All Nonfarm
Sole
Proprietorships
Net income less deficit
Nonfarm Sole
Proprietorships
registered
as LLCs
LLCs Percentage
of all
Nonfarm Sole
Proprietorships
(5)
All Nonfarm
Sole
Proprietorships
Nonfarm Sole
Proprietorships
registered
as LLCs
LLCs Percentage
of all
Nonfarm Sole
Proprietorships
(2)
(3)
(4)
(6)
(7)
(8)
(9)
2001
18,338,190
126,437
0.7
1,016,834,678
23,357,818
2.3
217,385,116
2,259,135
1.0
2002
18,925,517
145,839
0.8
1,029,691,760
39,239,656
3.8
221,113,286
3,378,774
1.5
2003
19,710,079
220,615
1.1
1,050,202,446
55,626,849
5.3
230,308,100
3,847,617
1.7
2004
20,590,691
309,665
1.5
1,139,523,760
82,850,651
7.3
247,567,189
6,743,666
2.7
2005
21,467,566
455,734
2.1
1,222,880,231
119,603,018
9.8
269,919,995
10,902,821
4.0
2006
22,074,953
606,889
2.7
1,278,359,791
151,746,232
11.9
278,032,643
14,270,523
5.1
2007
23,122,698
746,885
3.2
1,324,403,080
185,837,712
14.0
280,557,010
16,235,182
5.8
2008
22,614,483
842,819
3.7
1,317,443,005
205,646,039
15.6
264,508,362
18,215,151
6.9
2009
22,659,976
991,809
4.4
1,178,437,093
205,194,197
17.4
244,821,815
18,522,837
7.6
2010
23,003,656
1,059,910
4.6
1,195,538,629
220,116,934
18.4
267,699,702
23,915,511
8.9
2011
23,426,940
1,125,132
4.8
1,265,939,196
244,024,850
19.3
282,649,926
27,093,827
9.6
2012
23,553,850
1,324,196
5.6
1,301,569,749
291,350,534
22.4
304,895,911
35,841,019
11.8
2013
24,074,684
1,474,592
6.1
1,341,571,082
316,224,871
23.6
302,269,621
37,151,475
12.3
2014
24,631,831
1,619,099
6.6
1,393,884,201
342,093,644
24.5
317,058,087
43,427,440
13.7
2015
25,226,245
1,715,430
6.8
1,443,584,972
370,123,809
25.6
331,832,538
48,902,901
14.7
2016
25,525,915
1,868,459
7.3
1,422,204,586
399,904,053
28.1
328,209,453
51,214,709
15.6
2017
26,426,406
2,066,851
7.8
1,531,346,020
449,128,268
29.3
346,241,776
55,889,306
15.6
2018
27,117,163
2,119,147
7.8
1,589,748,596
459,459,012
28.9
348,509,654
55,514,156
15.9
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
Statistics of Income Bulletin
11
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure L
Nonfarm Sole Proprietorships: Selected Industrial Sector Business Receipts as a Percentage of Total Business Receipts,
Tax Year 2018
Arts, entertainment, and recreation
3.3
Wholesale trade (merchant wholesalers)
3.3
Administrative and support and waste management services
5.2
Finance and insurance
5.7
Real estate and rental and leasing
5.8
Health care and social assistance
7.6
Other services
7.7
Transportation and warehousing
8.8
All other industries
11.0
Retail trade
11.8
Professional, scientific, and technical services
12.8
Construction
17.0
0
5
10
15
20
Percentage of total receipts
NOTES: Percentages are based on estimated total business receipts of $1.6 trillion. Detail may not add to 100 percent because of rounding.
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020
Summary
2019. Returns in the sample were stratified based on: (1) the
presence or absence of Profit or Loss From Business (Sole
Proprietorship) (Schedule C), or Net Profit From Business
(Schedule C-EZ), and Farm Income and Expenses (Schedule
F); (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 2018 nonfarm sole proprietorship
data are based on a sample of 101,579 returns and a population of 27,422,459 returns.11 The corresponding data for 2017
were based on a sample of 98,246 returns and a population of
26,788,623 returns.
Since the data presented in this article are estimates based
on a sample of returns filed, they are subject to sampling error.
To 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. Figure M
presents estimated coefficients of variation for total business receipts, total business deductions, depreciation, net income, and
deficit by selected industrial sector. Generally, the smaller the
coefficient of variation, the more reliable the estimate is judged
Profits for the 27.1 million returns with sole proprietorship
activity for Tax Year 2018 increased by 0.7 percent from Tax
Year 2017, to a level of $348.5 billion. In constant dollars, total
nonfarm sole proprietorship profits for 2018 decreased 1.7 percent. The professional, scientific, and technical services sector
had the largest profits of any sector, at $85 billion, representing
24.4 percent of total sole proprietorship profits, followed by the
health care and social assistance sector, at $45.9 billion or 13.2
percent of total profits. Overall sole proprietorship business receipts increased 3.8 percent. The largest industrial sector, based
on business receipts, was the construction sector, accounting for
17 percent of total business receipts (Figure L). The transportation and warehousing sector had the largest percentage increases
in returns (10 percent) and receipts (18.2 percent).
Data Sources and Limitations
The 2018 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
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.
11
Statistics of Income Bulletin
12
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Figure M
Nonfarm Sole Proprietorships: Coefficients of Variation for Selected Items, by Selected Industrial Sector, Tax Year 2018
[Coefficients of variation are in percentages]
Coefficients of variation
Selected industrial sector
All industries (000000-999999)
Construction (236100-238990)
Wholesale trade (423100-425120)
Retail trade (441110-454390)
Transportation and warehousing (481000-493100)
Finance and insurance (522100-525990)
Real estate and rental leasing (531100-533110)
Professional, scientific, and technical services (541100-541990)
Administrative and support and waste management services (561110-562000)
Health care and social assistance (621111-624410)
Arts, entertainment, and recreation
(711100-713900)
Other services (811110-813000)
All other industries
Total business
receipts
E91540_0
Total business
deductions
E91530_0
Depreciation
E91190_0
Net income
E91440_0+
Deficit
E91440_0-
(1)
(2)
(3)
(4)
(5)
0.59
2.10
4.90
2.47
2.36
2.53
2.63
1.66
2.82
1.91
3.43
2.53
2.13
0.67
2.22
5.02
2.47
2.35
2.72
2.95
2.01
3.18
2.03
3.74
2.82
2.15
1.47
4.23
13.71
5.49
4.36
8.54
4.72
4.79
6.27
4.94
6.24
5.61
3.16
0.73
2.37
6.70
3.60
3.10
3.61
3.18
1.87
2.94
2.39
3.85
2.60
2.82
1.38
5.50
9.94
4.21
5.07
6.58
4.55
4.28
5.47
6.51
5.12
4.59
3.60
[1] Excludes depreciation claimed on Expenses for Business Use of Your Home (Form 8829).
SOURCE: IRS, Statistics of Income Division, Sole Proprietorship Returns, November 2020.
to be. The SOI Sampling Methodology and Data Limitations
section of the SOI Bulletin, available at http://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.
Statistics of Income Bulletin
Adrian Dungan is an economist with the Individual Special Studies
Section. This article was prepared under the direction of Michael
Strudler, Management and Program Analyst, Individual and Tax-Exempt
Branch.
13
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income
Industrial sector
All nonfarm industries
Agriculture, forestry, hunting, and fishing
Number
of returns
Business
receipts
(1)
(2)
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
(3)
27,117,163 1,589,748,596
(4)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
(5)
(6)
Payroll [1,4]
Net income
less deficit
(7)
(8)
52,022,365
11,452,287
42,320,734
10,535,743
139,265,542
348,509,654
320,437
23,139,333
2,340,234
165,760
324,226
269,851
1,966,729
1,459,706
Animal production (including breeding of cats and dogs)
46,206
1,751,008
289,477
1,961
28,478
19,407
183,459
-434,268
Forestry and logging (including forest nurseries, timber tracts)
49,119
6,129,050
649,474
94,372
24,538
70,599
496,777
606,963
Fishing, hunting, and trapping
70,916
2,763,520
593,619
5,860
89,499
36,053
71,791
207,340
Support activities for agriculture and forestry
154,196
12,495,754
807,665
63,567
181,711
143,791
1,214,701
1,079,671
Mining
104,965
11,117,876
1,191,742
79,249
86,168
175,757
830,715
1,395,205
Oil and gas extraction
77,367
6,276,620
546,734
21,472
42,563
83,362
312,646
570,277
Other mining
6,634
1,463,769
302,512
13,568
15,369
59,909
109,986
85,531
Support activities for mining
20,964
3,377,487
342,497
44,209
28,236
32,485
408,084
739,398
Utilities
12,472
594,702
110,178
* 382
3,030
24,744
8,444
55,794
2,901,667
269,860,103
8,315,387
1,693,183
1,978,255
1,150,668
31,646,794
44,304,538
Construction of buildings
608,117
77,636,683
1,992,581
320,292
422,775
395,695
8,188,877
10,109,819
Heavy and civil engineering construction
58,382
9,166,120
554,849
111,067
50,651
81,182
1,195,324
1,252,169
2,235,168
183,057,300
5,767,957
1,261,824
1,504,828
673,790
22,262,593
32,942,550
Construction
Specialty trade contractors
Manufacturing
354,185
33,967,257
1,347,959
181,242
1,067,629
233,814
4,352,277
3,622,232
Food manufacturing
51,926
5,955,668
244,187
25,728
228,442
55,858
745,762
102,189
Textile and textile product mills
12,499
583,918
25,159
* 3,386
* 11,387
* 10,685
* 54,050
30,034
Apparel
14,301
851,324
27,712
** 473
48,266
** 6,678
97,274
-58,202
Leather and allied products
7,540
257,364
* 2,394
**
* 5,322
**
* 4,599
58,883
Wood products
28,148
2,839,173
** 130,155
** 13,894
** 44,717
** 18,234
** 477,732
243,244
Paper products
* 3,040
* 142,667
**
**
**
**
**
* 17,221
Printing and related support activities
22,905
1,918,868
46,791
* 16,089
80,124
16,315
168,241
272,739
Petroleum and coal products
2,661
47,389
* 6,022
**
**
0
* 10,118
-22,436
Chemical manufacturing
22,573
1,950,854
74,018
** 35,712
** 56,948
10,140
116,854
260,129
Plastic and rubber products
5,699
793,690
39,270
* 2,889
15,223
2,484
128,698
123,667
Nonmetallic mineral products
13,147
895,904
46,486
9,581
5,985
11,891
91,142
51,872
Primary metal industries
5,734
471,152
* 9,494
**
* 11,206
* 1,250
* 65,489
81,584
Fabricated metal products
24,796
4,340,654
275,588
** 7,576
74,842
31,614
704,767
552,457
Machinery
23,997
1,839,171
83,642
6,697
64,386
10,048
313,440
289,137
Computer and electronic products
7,521
1,096,720
16,835
**
43,316
* 4,960
145,412
159,058
Electrical equipment, appliances, and components
10,857
1,005,913
23,243
** 2,859
* 64,056
* 6,492
201,865
107,450
Transportation equipment
11,137
604,798
40,447
* 3,382
6,031
4,915
56,251
-2,067
Furniture and related products
21,548
2,223,907
48,127
* 18,186
110,954
8,173
268,744
530,173
Miscellaneous manufacturing
64,156
6,148,122
208,391
34,791
196,425
34,077
701,839
825,100
349,685
53,250,491
958,888
205,826
831,639
231,072
2,638,237
4,353,428
Durable goods, including machinery, wood, metals, etc.
158,053
24,271,882
557,861
118,389
454,207
98,540
1,288,804
1,930,497
Nondurable goods, including food, fiber, chemicals, etc.
113,463
22,267,275
317,609
54,700
287,063
101,369
992,779
1,195,695
Wholesale trade (merchant wholesalers)
Wholesale electronic markets and agents and brokers
78,168
6,711,334
83,418
32,737
90,368
31,163
356,654
1,227,235
2,401,769
187,588,890
3,195,674
687,156
5,790,751
1,109,610
10,329,493
10,938,785
Motor vehicle and parts dealers
147,938
39,240,766
504,221
73,977
623,609
278,637
1,756,277
905,745
Furniture and home furnishing stores
37,749
4,233,446
48,988
19,068
165,359
26,457
333,450
499,096
Electronic stores and household appliance stores
11,425
3,824,552
42,349
91,590
84,559
4,589
252,585
280,253
Building material and garden equipment and supplies dealers
34,348
7,164,429
192,605
22,542
138,955
52,987
702,038
756,458
Food and beverage stores
84,753
25,487,946
392,132
63,791
977,303
95,441
1,960,475
815,883
Health and personal care stores
159,745
8,697,086
88,246
39,172
288,874
47,017
555,898
680,625
Retail trade
Gasoline stations
8,599
14,460,833
195,813
19,479
177,640
90,255
646,869
248,101
Clothing and accessories stores
162,521
11,001,277
204,908
54,766
797,247
77,697
766,617
294,808
Sporting goods, hobby, book, and music stores
97,829
5,567,546
107,379
32,029
297,193
43,847
386,141
161,823
General merchandise stores
32,972
3,608,250
20,777
9,716
121,472
19,138
189,429
194,601
Miscellaneous store retailers
562,742
31,986,823
650,225
171,688
1,578,856
210,624
2,044,052
3,140,822
Electronic shopping and mail-order houses
180,514
10,033,233
91,984
18,921
111,787
63,241
125,691
867,704
Nonstore retailers
880,635
22,282,703
656,046
70,416
427,899
99,679
609,971
2,092,866
Transportation and warehousing
2,589,195
140,187,881
8,757,304
3,423,934
1,347,788
974,487
6,523,062
17,936,113
Air and rail transportation
18,640
1,770,908
611,034
12,560
39,963
53,794
155,157
-213,881
Water transportation
6,406
1,175,947
304,007
* 12,752
8,269
25,811
130,825
-47,498
Footnotes at end of table.
Statistics of Income Bulletin
14
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income
Industrial sector
All nonfarm industries
Agriculture, forestry, hunting, and fishing
Number
of returns
Business
receipts
(9)
(10)
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
(11)
19,634,588 1,345,893,194
(12)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
(13)
28,759,321
8,305,509
(14)
Payroll [1,4]
Net income
(15)
(16)
31,702,029
5,795,902
108,125,724
429,990,931
205,048
17,396,930
1,062,247
108,918
190,873
130,111
1,455,548
3,620,110
Animal production (including breeding of cats and dogs)
18,399
1,073,569
77,233
* 1,012
* 13,058
* 1,226
100,638
255,825
Forestry and logging (including forest nurseries, timber tracts)
34,731
4,663,275
425,234
61,712
11,221
43,985
388,912
859,430
Fishing, hunting, and trapping
45,314
2,108,989
160,322
* 1,388
16,714
16,414
42,544
695,052
Support activities for agriculture and forestry
106,604
9,551,096
399,458
44,806
149,879
68,487
923,453
1,809,803
Mining
Oil and gas extraction
67,210
7,946,112
656,850
43,836
51,681
103,948
433,031
2,576,863
51,255
4,278,792
233,873
6,587
17,685
35,299
168,121
1,475,092
Other mining
2,900
1,239,797
230,868
7,904
* 10,212
53,474
56,260
170,816
Support activities for mining
13,056
2,427,523
192,109
29,344
23,784
15,176
208,650
930,956
Utilities
7,815
487,137
35,507
* 109
2,589
6,144
* 7,295
205,337
2,397,728
239,628,313
6,006,465
1,405,601
1,602,755
804,856
26,821,152
50,548,580
Construction of buildings
504,498
67,054,525
1,403,579
264,655
325,673
241,157
6,443,962
11,686,869
Heavy and civil engineering construction
45,264
7,523,183
370,706
91,717
45,070
54,186
936,035
1,613,718
1,847,966
165,050,605
4,232,181
1,049,229
1,232,012
509,513
19,441,155
37,247,993
Construction
Specialty trade contractors
Manufacturing
222,229
27,204,804
770,631
109,467
770,459
125,667
3,063,985
5,601,108
Food manufacturing
31,144
4,302,489
97,214
7,869
162,654
24,547
425,198
648,650
Textile and textile product mills
4,570
468,889
* 6,459
* 236
* 7,875
* 4,167
* 50,967
94,892
Apparel
3,099
420,617
4,457
** 338
** 32,514
** 1,210
** 45,783
93,465
Leather and allied products
6,137
238,576
* 1,028
**
**
**
**
72,695
Wood products
16,306
2,443,316
** 97,940
** 12,804
** 35,229
** 12,083
** 396,875
305,085
Paper products
* 3,037
* 79,368
**
**
**
**
**
* 30,181
Printing and related support activities
20,070
1,749,736
34,552
* 15,195
75,619
10,343
* 138,274
306,162
Petroleum and coal products
1,217
37,541
**
**
**
0
**
2,526
Chemical manufacturing
15,812
1,455,748
** 43,414
** 5,158
** 9,615
5,505
** 79,865
432,966
Plastic and rubber products
3,444
655,262
3,709
* 341
* 12,065
* 1,052
* 110,693
156,237
Nonmetallic mineral products
9,149
679,982
22,918
* 8,707
* 3,002
8,632
* 52,678
122,775
Primary metal industries
4,706
441,763
* 4,418
**
* 10,941
* 1,023
* 56,931
81,725
Fabricated metal products
12,903
3,715,472
205,460
** 6,268
59,174
25,985
555,797
662,217
Machinery
16,747
1,521,036
70,152
6,695
36,261
5,037
177,362
358,584
Computer and electronic products
4,496
835,100
* 11,165
0
* 27,806
* 1,201
* 39,186
251,530
Electrical equipment, appliances, and components
7,948
757,863
* 8,772
* 2,829
* 57,250
* 3,954
* 152,955
126,281
Transportation equipment
6,922
464,841
8,369
* 3,354
* 3,448
* 1,407
* 34,157
91,648
Furniture and related products
13,759
1,926,347
24,395
* 18,186
85,100
* 5,381
214,401
629,534
1,133,956
Miscellaneous manufacturing
40,762
5,010,858
126,208
21,487
151,908
14,141
532,865
213,067
44,357,850
515,795
140,256
592,369
119,834
1,968,805
6,212,858
Durable goods, including machinery, wood, metals, etc.
93,518
20,164,109
284,811
75,201
351,221
52,232
971,910
2,777,030
Nondurable goods, including food, fiber, chemicals, etc.
70,681
18,580,596
190,595
43,587
191,031
52,115
719,925
1,971,555
Wholesale electronic markets and agents and brokers
48,868
5,613,145
40,389
21,468
50,116
15,487
276,970
1,464,274
1,308,539
149,496,486
1,668,973
440,463
3,843,495
645,782
7,343,599
21,036,650
Motor vehicle and parts dealers
88,891
29,878,060
272,510
51,433
365,188
156,223
1,236,164
2,159,291
Furniture and home furnishing stores
22,832
3,342,451
37,208
4,020
92,794
21,727
275,492
661,674
Electronic stores and household appliance stores
8,164
3,043,686
40,361
85,914
73,105
4,273
158,264
307,820
Building material and garden equipment and supplies dealers
24,378
6,460,995
154,949
17,179
132,553
44,778
633,469
845,474
Food and beverage stores
56,943
21,026,739
212,968
46,833
692,930
55,894
1,431,100
1,314,437
Health and personal care stores
84,917
6,513,430
46,472
17,741
192,468
16,222
356,409
1,155,166
Gasoline stations
6,491
11,838,033
92,421
15,731
117,685
47,754
521,771
414,646
Clothing and accessories stores
80,778
8,723,219
60,489
36,891
555,728
45,902
445,864
1,351,170
Sporting goods, hobby, book, and music stores
50,172
4,170,835
56,638
14,539
198,869
32,568
274,020
600,578
General merchandise stores
21,702
3,005,777
12,886
* 7,336
97,203
17,403
131,061
329,210
Miscellaneous store retailers
335,615
25,155,379
339,228
88,618
1,027,045
105,217
1,396,998
5,550,377
Electronic shopping and mail-order houses
105,658
8,721,553
49,233
17,971
57,432
47,364
102,928
1,491,911
Nonstore retailers
421,999
17,616,328
293,610
36,258
240,496
50,455
380,058
4,854,896
1,851,556
118,297,870
4,835,313
2,813,058
1,046,981
573,535
4,686,421
25,529,298
Air and rail transportation
14,756
984,467
42,450
1,402
15,737
8,872
62,222
307,815
Water transportation
3,859
564,632
9,344
* 7,642
* 1,900
* 1,919
* 28,634
255,287
Wholesale trade (merchant wholesalers)
Retail trade
Transportation and warehousing
Footnotes at end of table.
Statistics of Income Bulletin
15
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income—continued
Industrial sector
Number
of returns
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
Business
receipts
(1)
Interest paid
deduction [1,3]
Net income
less deficit
Payroll [1,4]
(3)
(4)
(5)
(6)
(7)
704,564
88,582,942
6,182,674
1,638,484
698,122
600,080
4,862,614
11,934,418
1,103,024
26,481,055
652,662
1,407,164
263,762
123,366
191,088
3,760,332
248,887
5,514,244
231,191
** 149,577
** 28,370
25,054
290,159
575,034
Pipeline transportation
3,587
548,242
* 305
**
**
* 11
* 7,248
32,005
Scenic and sightseeing transportation
Support activities for transportation (including motor vehicle
towing)
14,014
645,009
153,585
* 21,438
51,379
44,301
79,492
-64,527
72,062
5,632,641
453,890
43,839
107,355
40,781
510,945
521,898
Couriers and messengers
406,203
8,992,482
133,171
107,381
88,540
54,916
230,855
1,335,385
Truck transportation
Taxi, limousine service, and ridesharing service
Other transit and ground transportation
Warehousing and storage facilities
(2)
Rent paid
on other
business
property [1]
(8)
11,809
844,410
34,785
30,740
62,028
6,374
64,679
102,946
366,120
13,616,278
678,865
145,317
326,667
90,478
981,823
3,264,124
Publishing industries (except internet)
48,970
1,849,695
16,630
2,732
37,537
3,631
107,146
587,083
Motion picture and sound recording
Broadcasting (except internet) and telecommunications and
internet service providers
Data processing, internet publishing and broadcasting, and web
search portals
142,000
4,279,443
393,499
62,953
171,219
26,964
285,894
767,092
59,412
3,226,195
127,776
73,073
52,558
17,700
250,151
683,915
115,738
4,260,945
140,960
6,559
65,353
42,183
338,631
1,226,034
673,588
90,012,296
966,787
248,820
1,757,690
550,560
5,324,330
23,889,197
Information
Finance and insurance
Credit intermediation and related activities
38,909
2,965,081
63,645
19,836
53,627
80,743
200,166
554,845
Securities, commodity contracts, and other financial investments
190,064
51,464,847
396,422
88,737
550,602
242,766
2,077,118
9,956,287
Investment bankers and securities dealers
10,387
6,282,912
8,484
3,189
23,580
8,791
99,255
594,733
Securities brokers
12,893
4,927,187
40,926
10,637
20,687
6,134
74,598
949,529
Commodity contracts brokers and dealers
5,873
1,451,448
18,904
* 166
** 5,917
5,208
53,141
112,794
Securities and commodity exchanges
581
1,026,759
* 326
0
**
1,359
* 1,956
-18,194
Other financial investment activities (investment advice)
160,331
37,776,541
327,782
74,745
500,417
221,274
1,848,168
8,317,425
Insurance agents, brokers, and related activities
434,562
35,239,655
502,781
140,109
1,151,387
226,522
3,039,195
13,248,586
Insurance agencies and brokerages
314,606
26,815,586
373,572
122,196
989,228
185,765
2,592,533
9,470,913
Other insurance related activities and other financial vehicles
119,956
8,424,069
129,208
17,914
162,158
40,757
446,662
3,777,673
Funds, trusts, and other financial vehicles
Real estate and rental and leasing
Real estate
10,052
342,713
* 3,940
* 138
* 2,075
* 529
* 7,851
129,479
1,362,185
92,951,678
4,487,072
403,484
1,487,244
1,243,432
3,282,293
30,966,372
1,297,399
86,908,107
2,222,708
331,276
1,320,641
1,046,739
2,864,142
31,475,940
Lessors of real estate (including miniwarehouses and self
storage)
Offices of real estate agents, brokers, property managers, and
appraisers
61,383
3,187,678
404,233
6,004
97,000
273,194
88,115
390,642
981,747
59,125,445
1,215,464
253,861
907,787
358,928
1,841,579
25,940,821
Other activities related to real estate
254,269
24,594,985
603,010
71,412
315,854
414,618
934,448
5,144,476
63,275
5,977,504
2,261,356
72,171
164,765
192,427
412,788
-503,443
Automotive equipment rental and leasing
24,911
1,407,370
504,259
** 17,814
48,147
39,027
59,815
-109,858
Consumer electronics and appliances rental
* 347
* 47,003
* 22,505
**
0
* 2,943
* 3,577
* -1,951
**
**
**
**
**
**
**
**
** 1,479
** 139,310
** 13,301
** 434
** 23,825
** 359
** 47,557
** -434
Rental and leasing services
Formal wear and costume rental
Video tape and disc rental
Home health equipment rental
Recreational goods rental
All other consumer goods rental
General rental centers and other consumer goods rental
Commercial and industrial machinery and equipment rental
and leasing
Lessors of nonfinancial intangible assets (except copyrighted
works)
Professional, scientific, and technical services
Legal services
**
**
0
0
0
0
0
**
1,369
68,195
151,986
**
* 3,653
*4
* 2,077
-152,318
8,899
766,845
157,228
** 3,231
31,049
23,026
48,648
54,107
4,513
474,407
31,241
* 1,994
* 10,047
9,178
15,649
39,047
21,757
3,074,375
1,380,836
48,698
48,044
117,890
235,465
-332,037
1,511
66,067
* 3,009
* 37
* 1,839
* 4,265
* 5,362
-6,124
3,650,330
349,241
203,648,342
40,894,359
4,385,260
369,105
1,038,443
167,399
5,007,993
1,813,413
945,603
202,486
17,241,836
4,461,894
84,984,173
18,142,013
Offices of certified public accountants
35,239
4,466,006
112,418
15,571
233,372
76,677
707,897
1,753,455
Other accounting services
365,154
10,290,894
257,413
53,691
264,175
76,150
707,401
4,391,474
Architectural, engineering, and related services
291,771
17,525,213
626,807
146,763
310,671
78,647
1,830,698
5,596,835
Architectural services
111,893
7,048,920
292,524
86,570
160,344
36,519
853,797
1,513,492
Engineering services
105,520
7,275,221
266,481
51,561
126,582
32,127
569,924
2,732,772
Drafting, building inspections, and geophysical surveying
59,330
2,417,640
46,936
* 2,916
7,755
8,230
238,967
1,086,345
Surveying and mapping (except geophysical) services
10,692
576,533
13,491
* 5,532
* 10,854
* 1,100
128,924
216,553
Testing laboratories
4,335
206,899
* 7,375
* 183
* 5,136
* 671
* 39,085
47,673
Footnotes at end of table.
Statistics of Income Bulletin
16
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income—continued
Industrial sector
Number
of returns
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
Business
receipts
(9)
(10)
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Net income
Payroll [1,4]
(11)
(12)
(13)
(14)
(15)
Truck transportation
582,576
76,446,928
4,106,000
1,352,961
597,616
409,422
3,668,282
14,287,841
(16)
Taxi, limousine service, and ridesharing service
742,960
22,722,241
324,000
1,191,450
182,000
55,438
69,713
6,176,837
Other transit and ground transportation
155,175
4,356,098
76,399
95,995
23,015
6,423
212,953
1,217,147
Pipeline transportation
* 2,551
* 546,215
**
**
**
* 11
* 7,248
* 42,191
5,897
448,208
** 42,906
** 21,357
** 18,926
28,825
* 60,252
71,961
Scenic and sightseeing transportation
Support activities for transportation (including motor vehicle
towing)
53,497
4,310,718
178,176
34,184
91,204
16,783
360,389
875,137
Couriers and messengers
281,639
7,181,825
34,993
84,756
63,294
41,931
177,809
2,083,459
Warehousing and storage facilities
8,646
736,539
21,044
23,313
53,288
3,911
38,919
211,623
247,227
10,871,351
310,153
109,054
176,507
28,259
416,569
4,921,497
Publishing industries (except internet)
35,327
1,561,480
6,563
1,447
32,828
* 477
35,116
696,253
Motion picture and sound recording
Broadcasting (except internet) and telecommunications and
internet service providers
Data processing, internet publishing and broadcasting, and web
search portals
82,818
3,416,945
169,276
33,498
74,500
14,911
155,719
1,541,378
43,350
2,573,591
91,598
72,147
37,781
9,409
101,266
919,054
Information
Finance and insurance
85,732
3,319,335
42,716
1,962
31,398
3,461
124,468
1,764,813
477,989
63,443,920
521,169
217,829
1,550,167
328,119
4,514,875
26,840,410
Credit intermediation and related activities
23,779
2,598,988
13,561
16,033
34,507
58,753
166,176
784,000
Securities, commodity contracts, and other financial investments
123,196
29,748,060
186,600
79,234
450,258
110,622
1,567,419
11,731,637
Investment bankers and securities dealers
6,407
1,737,269
3,894
* 3,158
12,106
1,192
83,569
692,742
Securities brokers
8,214
2,339,442
11,632
7,868
17,998
4,348
61,108
1,047,280
Commodity contracts brokers and dealers
4,850
1,133,404
** 2,017
* 27
3,969
** 220
** 10,613
213,618
* 21
* 75,660
**
0
0
**
**
* 9,563
Other financial investment activities (investment advice)
103,703
24,462,285
169,058
68,181
416,186
104,861
1,412,130
9,768,434
Insurance agents, brokers, and related activities
323,423
30,885,608
320,430
122,425
1,064,411
158,661
2,779,052
14,171,000
Insurance agencies and brokerages
234,944
23,103,561
242,583
111,080
910,647
136,538
2,367,071
10,105,269
Other insurance related activities and other financial vehicles
88,480
7,782,047
77,847
11,344
153,764
22,124
411,982
4,065,731
Funds, trusts, and other financial vehicles
7,590
211,263
* 578
* 138
* 991
* 83
* 2,228
153,773
917,226
79,545,504
1,684,661
284,322
1,069,448
519,660
2,233,050
36,881,443
886,290
76,004,854
1,181,121
251,516
1,003,453
455,947
2,052,206
36,066,858
Securities and commodity exchanges
Real estate and rental and leasing
Real estate
Lessors of real estate (including miniwarehouses and self
storage)
Offices of real estate agents, brokers, property managers, and
appraisers
31,388
2,372,477
136,767
3,389
78,149
101,981
51,520
809,827
706,277
54,005,036
829,877
204,203
684,694
180,772
1,371,354
28,303,071
Other activities related to real estate
148,625
19,627,341
214,477
43,923
240,610
173,194
629,332
6,953,960
30,510
3,484,273
500,784
32,769
64,156
63,469
176,325
800,078
Automotive equipment rental and leasing
11,520
850,386
131,444
* 6,683
* 22,873
15,465
* 27,116
201,271
Consumer electronics and appliances rental
* 343
* 33,555
* 2,514
* 3,627
0
* 2,004
* 3,577
* 6,929
**
**
0
0
0
**
**
**
** 181
** 24,774
0
0
0
** 359
** 10,947
** 843
Rental and leasing services
Formal wear and costume rental
Video tape and disc rental
Home health equipment rental
Recreational goods rental
All other consumer goods rental
General rental centers and other consumer goods rental
Commercial and industrial machinery and equipment rental
and leasing
Lessors of nonfinancial intangible assets (except copyrighted
works)
Professional, scientific, and technical services
Legal services
0
0
0
0
0
0
0
0
* 1,339
* 60,844
* 900
**
**
**
0
* 6,412
6,483
553,657
70,872
** 2,328
** 9,934
** 4,002
* 15,988
143,854
3,243
389,654
* 10,118
* 1,452
* 6,404
* 6,411
* 9,398
65,924
7,401
1,571,404
284,936
18,680
24,945
35,228
109,298
374,845
* 426
* 56,377
* 2,757
* 37
* 1,839
* 243
* 4,518
* 14,508
2,662,627
278,522
184,846,182
39,010,505
2,596,132
294,975
644,991
142,099
3,991,235
1,690,990
610,172
142,698
13,956,711
4,130,717
94,424,862
18,891,762
Offices of certified public accountants
27,767
4,167,476
88,177
15,568
211,669
72,246
630,770
1,794,045
Other accounting services
288,927
9,220,411
161,835
48,266
214,082
41,836
574,033
4,949,842
Architectural, engineering, and related services
208,660
15,808,287
366,182
100,519
228,513
46,625
1,559,126
6,777,345
Architectural services
73,464
6,253,133
194,686
47,139
107,378
24,743
737,500
2,040,502
Engineering services
80,793
6,574,480
125,861
45,546
102,565
18,559
456,408
3,264,677
Drafting, building inspections, and geophysical surveying
42,683
2,258,489
28,703
* 2,275
7,656
* 1,845
226,184
1,192,615
Surveying and mapping (except geophysical) services
9,552
526,558
* 9,591
* 5,376
* 7,781
* 807
* 100,934
217,062
* 2,168
* 195,628
* 7,341
* 183
* 3,132
* 671
* 38,100
* 62,489
Testing laboratories
Footnotes at end of table.
Statistics of Income Bulletin
17
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with and without net income—continued
Industrial sector
Number
of returns
(1)
Specialized design services
Computer systems design services
Business
receipts
(2)
261,904
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
(3)
10,456,589
(4)
349,741
46,306
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
(5)
(6)
(7)
(8)
388,158
2,964,562
271,273
42,649
Net income
less deficit
297,644
13,327,182
217,680
59,118
187,229
42,652
1,342,562
5,905,029
2,049,378
106,688,100
2,452,096
549,594
1,927,860
426,342
7,803,226
46,230,805
Management, scientific, and technical consulting services
980,042
53,427,031
1,128,051
306,992
765,257
202,618
3,479,240
27,866,962
Scientific research and development services
55,940
1,646,616
79,806
4,325
33,585
5,518
117,524
530,965
Advertising and related services
141,768
9,449,217
145,947
47,607
274,896
40,990
560,074
2,907,915
Other professional, scientific, and technical services
Market research and public opinion polling
44,914
1,202,482
16,830
3,719
16,173
2,175
93,038
427,417
Other miscellaneous services
826,715
40,962,754
1,081,462
186,951
837,949
175,041
3,553,350
14,497,545
2,626,388
83,385,001
3,358,033
679,481
911,994
452,647
9,046,688
23,425,084
4,684
549,276
59,912
* 397
8,722
5,459
141,782
29,965
2,597,554
79,936,896
3,069,047
652,980
871,665
423,528
8,598,172
22,944,057
Administrative and support and waste management services
Management of companies and enterprises
Administrative and support services
Waste management and remediation services
24,150
2,898,828
229,074
26,105
31,606
23,660
306,734
451,062
837,403
12,640,322
354,149
85,193
832,181
90,340
866,028
3,582,252
Health care and social assistance
2,071,626
120,062,514
2,450,087
481,138
5,570,834
742,887
17,950,166
45,925,881
Ambulatory health care services
1,222,470
95,091,572
1,921,261
391,640
4,464,412
569,070
14,221,218
37,823,243
Offices of physicians (except mental health specialists)
194,481
28,715,522
444,154
121,421
1,096,347
82,989
3,910,095
13,367,993
Offices of physicians, mental health specialists
40,888
4,321,785
62,216
14,958
282,866
13,902
231,143
2,508,902
Offices of dentists
68,638
22,636,518
702,164
79,715
978,017
249,895
5,544,024
6,735,522
Offices of chiropractors
28,190
3,561,711
98,888
24,131
322,274
34,024
339,199
1,264,236
Offices of optometrists
18,835
3,651,690
88,658
9,284
223,010
26,537
733,518
912,267
Offices of mental health practitioners and social therapists
223,230
11,030,741
144,260
34,031
709,751
23,107
763,052
5,838,153
Offices of podiatrists
Outpatient care centers and other miscellaneous health
practitioners
3,601
876,348
4,626
* 2,277
75,838
3,677
137,199
325,297
225,950
8,991,107
219,912
51,667
574,319
106,990
619,745
3,211,066
Medical and diagnostic laboratories
23,619
1,413,127
28,924
757
49,824
5,062
166,398
426,550
Home health care services
359,621
8,115,266
83,995
50,091
129,693
17,209
1,598,231
2,738,823
Other ambulatory health care services (including ambulance
services, blood and organ banks)
35,418
1,777,755
43,464
3,308
22,473
5,678
178,614
494,433
Hospitals
5,228
926,305
23,102
* 2,706
58,988
4,398
252,430
201,627
Nursing and residential care facilities
83,735
5,514,495
148,958
33,988
293,420
93,187
1,562,754
440,820
Educational services
Social assistance
Arts, entertainment, and recreation
Performing arts, spectator sports, and related industries
760,193
18,530,142
356,766
52,803
754,014
76,232
1,913,764
7,460,191
1,723,755
51,768,247
2,340,577
378,741
1,807,678
370,470
2,953,980
12,755,928
12,232,877
1,541,522
39,167,655
* 1,550,174
** 261,929
* 902,572
* 161,522
* 1,548,478
Museums, historical sites, and similar institutions
8,517
282,924
3,043
**
8,787
728
4,049
43,816
Amusement, gambling, and recreation industries
173,717
12,317,668
787,360
116,811
896,319
208,220
1,401,453
479,235
585,688
72,833,003
2,679,447
574,164
4,693,264
1,059,836
13,515,269
2,836,874
92,440
8,193,194
975,000
41,828
436,072
556,582
903,084
-46,795
-183,870
Accommodation, food services, and drinking places
Accommodation
Travel accommodation (including hotels, motels, and bed and
breakfast inns)
52,835
6,037,526
801,190
* 23,702
292,672
453,552
812,129
RV (recreational vehicle) parks and recreational camps
18,294
1,277,658
127,402
5,402
9,057
82,890
56,596
42,107
Rooming and boarding houses
21,311
878,010
46,408
12,724
134,344
20,140
34,359
94,968
493,248
64,639,809
1,704,447
532,336
4,257,192
503,254
12,612,184
2,883,670
3,623,375
122,912,438
3,930,528
910,613
8,397,317
800,582
9,768,114
30,691,359
Restaurants (full & limited service) and drinking places
Other services
Auto repair and maintenance
405,031
28,569,572
1,291,258
186,359
1,360,551
342,809
3,459,826
2,898,015
Automotive mechanical and electrical repair and maintenance
221,337
13,582,326
604,993
88,515
727,817
173,109
1,430,048
1,409,395
Automotive body shops
88,892
8,073,250
220,051
41,994
266,495
50,392
1,066,549
1,101,052
Other auto repair and maintenance (including oil change,
lubrication, and car washes)
94,802
6,913,996
466,214
* 55,850
366,239
* 119,307
963,228
387,568
Miscellaneous repairs
431,077
19,444,854
661,781
123,031
527,795
128,134
1,806,155
3,900,338
2,531,706
70,740,160
1,912,319
581,786
6,410,656
326,872
4,468,872
21,994,805
255,561
4,157,852
65,170
19,437
98,316
2,767
33,261
1,898,201
562,328
6,211,944
174,193
70,160
98,388
18,907
39,265
2,122,609
Personal and laundry services
Religious, grantmaking, civic, professional and similar
organizations
Unclassified establishments
Footnotes at end of table.
Statistics of Income Bulletin
18
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 1. Nonfarm Sole Proprietorships: Business Receipts, Selected Deductions, Payroll, and Net Income, by
Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Businesses with net income—continued
Industrial sector
Specialized design services
Computer systems design services
Number
of returns
Business
receipts
Rent paid
Depreciation on machinery
and
deduction [1,2]
equipment [1]
(9)
(10)
(11)
176,695
8,596,657
115,364
(12)
22,185
Rent paid
on other
business
property [1]
Interest paid
deduction [1,3]
Payroll [1,4]
(13)
(14)
(15)
(16)
222,278
3,647,693
153,992
21,515
Net income
211,717
12,287,689
143,371
46,368
128,838
32,498
957,251
6,649,348
1,470,339
95,755,157
1,426,227
269,986
1,363,151
252,755
5,882,536
51,714,827
Management, scientific, and technical consulting services
711,219
49,014,706
632,638
101,020
513,654
111,443
2,543,829
30,456,538
Scientific research and development services
39,658
1,398,830
36,491
2,397
27,059
* 814
58,460
846,973
Advertising and related services
109,679
8,644,174
112,886
23,187
214,274
31,091
473,420
3,221,228
Other professional, scientific, and technical services
Market research and public opinion polling
31,214
1,039,948
3,210
* 3,711
12,619
1,961
87,703
511,594
Other miscellaneous services
578,568
35,657,500
641,002
139,671
595,546
107,446
2,719,125
16,678,493
2,046,092
73,890,601
2,049,197
379,610
648,682
250,098
6,924,853
28,859,309
2,654
380,378
14,001
* 125
3,663
* 2,791
* 108,587
96,236
2,024,357
71,020,140
1,853,025
366,624
620,980
231,183
6,586,436
28,217,272
Administrative and support and waste management services
Management of companies and enterprises
Administrative and support services
Waste management and remediation services
19,080
2,490,083
182,171
12,860
24,038
16,123
229,830
545,801
619,075
10,694,320
184,948
56,623
473,725
29,077
593,220
5,253,335
Health care and social assistance
1,650,349
108,858,974
1,800,263
349,173
4,660,210
475,633
15,203,487
50,165,993
Ambulatory health care services
945,268
87,776,499
1,466,598
290,965
3,820,075
406,917
12,556,829
40,741,769
Offices of physicians (except mental health specialists)
156,901
26,809,211
331,581
83,430
983,568
65,068
3,374,358
13,906,367
Offices of physicians, mental health specialists
32,869
4,050,145
45,643
14,953
241,917
12,527
180,408
2,575,710
Offices of dentists
54,017
21,554,902
585,323
77,524
874,793
203,633
5,209,762
7,019,016
Offices of chiropractors
21,048
3,420,305
96,277
24,054
284,567
22,103
323,804
1,329,053
Offices of optometrists
15,654
3,136,737
71,629
9,047
200,117
26,156
616,858
927,329
Offices of mental health practitioners and social therapists
183,790
10,492,666
98,553
32,033
642,490
21,015
677,237
6,106,654
Offices of podiatrists
Outpatient care centers and other miscellaneous health
practitioners
3,090
828,837
4,498
* 2,274
74,980
3,605
124,905
328,619
160,473
7,537,199
146,043
24,590
381,621
33,202
438,372
3,899,774
Medical and diagnostic laboratories
19,931
1,073,219
7,053
* 514
30,694
4,182
110,008
464,861
Home health care services
273,290
7,328,755
52,303
19,825
84,043
10,797
1,353,186
3,555,588
Other ambulatory health care services (including ambulance
services, blood and organ banks)
24,207
1,544,524
27,696
2,723
21,284
4,628
147,931
628,796
Hospitals
3,561
809,348
16,502
* 1,669
52,739
* 3,509
224,459
278,124
Nursing and residential care facilities
59,438
3,775,812
85,318
21,667
153,218
27,040
924,413
887,999
Educational services
Social assistance
Arts, entertainment, and recreation
Performing arts, spectator sports, and related industries
642,082
16,497,315
231,846
34,872
634,179
38,166
1,497,786
8,258,101
1,167,765
41,547,104
784,854
205,301
1,124,727
148,596
1,672,302
18,222,313
16,447,139
1,059,729
33,024,853
** 544,712
156,242
** 570,482
** 95,527
** 935,607
Museums, historical sites, and similar institutions
6,494
268,247
**
0
**
**
**
57,839
Amusement, gambling, and recreation industries
101,541
8,254,004
240,142
49,059
554,245
53,070
736,695
1,717,334
365,540
53,482,163
1,020,600
368,651
3,197,290
441,948
9,037,133
6,865,674
60,867
5,290,841
269,287
29,789
* 296,576
196,323
472,428
912,370
Travel accommodation (including hotels, motels, and bed and
breakfast inns)
34,897
3,687,301
212,195
* 12,401
194,075
163,459
398,498
589,269
RV (recreational vehicle) parks and recreational camps
10,549
889,136
29,385
5,343
5,374
18,871
48,608
163,714
Accommodation, food services, and drinking places
Accommodation
Rooming and boarding houses
15,422
714,404
27,707
12,045
97,126
13,992
25,321
159,387
Restaurants (full & limited service) and drinking places
304,673
48,191,322
751,313
338,863
2,900,714
245,625
8,564,705
5,953,304
38,715,518
Other services
2,756,669
108,487,797
2,203,810
592,058
6,676,255
452,354
7,779,103
Auto repair and maintenance
268,507
23,766,816
717,118
88,637
1,055,548
230,821
2,654,597
4,606,729
Automotive mechanical and electrical repair and maintenance
146,958
11,567,496
345,731
43,996
595,943
120,730
1,176,084
2,280,914
Automotive body shops
62,872
6,845,586
151,219
33,900
206,791
32,695
728,650
1,415,716
Other auto repair and maintenance (including oil change,
lubrication, and car washes)
58,678
5,353,734
220,168
* 10,741
252,814
* 77,395
* 749,863
910,099
Miscellaneous repairs
323,682
17,409,389
427,073
88,600
441,645
73,468
1,612,919
4,892,883
1,968,059
63,511,011
1,020,487
400,357
5,103,629
146,434
3,490,041
26,933,361
196,420
3,800,581
39,132
14,464
75,434
1,631
21,547
2,282,545
450,837
5,409,775
51,753
36,188
32,581
2,110
14,585
3,509,773
Personal and laundry services
Religious, grantmaking, civic, professional and similar
organizations
Unclassified establishments
* 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 Expenses for Business Use of Your Home (Form 8829).
[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 2018, September 2020.
Statistics of Income Bulletin
19
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Agriculture, forestry, hunting, and fishing
Net income status, item
All
nonfarm
industries
(1)
Total
Animal
production
(including
breeding
of cats and
dogs)
Forestry
and logging
(including forest
nurseries,
timber tracts)
Fishing,
hunting,
and trapping
Support
activities
for
agriculture
and forestry
(2)
(3)
(4)
(5)
(6)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
27,117,163
320,437
46,206
49,119
70,916
154,196
1,589,748,596
23,139,333
1,751,008
6,129,050
2,763,520
12,495,754
12,307,053
1,569,615,542
22,737,927
1,642,934
6,085,979
2,701,962
Other business income (loss) [1]
20,133,054
401,406
108,074
43,071
61,559
188,702
Business deductions, total [1,2]
1,242,400,412
21,704,729
2,184,739
5,521,545
2,561,032
11,437,413
Cost of sales and operations, total
441,730,396
8,316,658
542,847
1,813,569
241,428
5,718,814
Inventory, beginning of year
44,130,575
499,227
38,622
173,365
31,356
255,884
Cost of labor
41,380,058
502,323
* 98,383
192,955
30,837
180,149
Purchases
253,859,367
5,194,957
274,453
795,047
102,481
4,022,975
Materials and supplies
70,280,304
467,904
52,093
47,826
48,866
319,120
Other costs
76,215,122
2,215,210
128,562
770,561
63,139
1,252,948
312,261
44,135,029
562,963
49,267
166,185
* 35,250
Advertising expenses
Inventory, end of year
17,754,464
100,786
20,611
8,445
30,758
40,971
Car and truck expenses
105,596,494
1,165,198
145,663
393,662
182,785
443,088
Commissions
18,680,616
146,035
64,245
32,872
4,753
44,164
Contract labor
69,258,312
1,083,041
34,646
435,740
174,253
438,402
Depletion
Depreciation
684,930
2,882
* 976
** 1,773
**
* 134
50,776,575
2,328,589
287,506
649,110
585,850
806,124
Employee benefit programs
3,086,070
15,643
2,356
3,384
708
9,195
Insurance
22,279,295
489,001
28,878
186,574
57,593
215,957
Legal and professional services
14,945,415
151,667
17,496
24,827
33,346
75,998
Meals deducted
11,343,749
86,413
8,848
3,446
40,668
33,451
Mortgage interest
3,547,847
88,142
7,740
7,621
12,693
60,087
Other interest paid on business indebtedness
6,987,896
181,709
11,667
62,978
23,360
83,704
Office expenses
14,775,395
58,729
7,477
9,090
10,515
31,647
Pension and profit-sharing plans
1,245,088
4,247
* 33
** 1,323
**
2,892
Rent paid on machinery and equipment
11,452,287
165,760
1,961
94,372
5,860
63,567
Rent paid on other business property
42,320,734
324,226
28,478
24,538
89,499
181,711
Repairs
21,899,636
811,399
44,719
284,599
160,815
321,267
Supplies
46,931,296
644,214
94,661
98,113
208,050
243,390
Salaries and wages
97,885,484
1,464,405
85,076
303,822
40,955
1,034,552
Taxes paid
21,076,953
299,560
24,886
70,091
46,265
158,319
Travel
19,045,842
158,404
32,771
9,819
28,589
87,225
Utilities
34,220,865
325,656
43,666
63,864
57,301
160,825
Other business expenses
149,689,186
3,170,899
633,517
924,599
493,924
1,118,859
Home office business deductions, total
10,568,338
75,709
10,319
6,362
20,759
38,268
348,509,654
1,459,706
-434,268
606,963
207,340
1,079,671
Net income [1,2]
429,990,931
3,620,110
255,825
859,430
695,052
1,809,803
Deficit [2]
81,481,276
2,160,404
690,094
252,467
487,712
730,132
64,790,476
773,239
97,862
138,993
222,797
313,587
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
5,350,709
58,712
* 5,089
* 6,196
11,750
35,676
Business receipts
44,963,836
363,345
* 49,373
* 16,982
57,716
239,274
Business deductions
4,617,249
45,759
* 3,697
* 6,955
10,303
24,805
Net income
40,346,588
317,586
* 45,676
* 10,028
47,413
214,469
Footnotes at end of table.
Statistics of Income Bulletin
20
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Mining
Construction
Utilities
Total
Oil
and
gas extraction
Other
mining
Support
activities for
mining
Total
Total
Construction
of
buildings
Heavy and
civil
engineering
construction
Specialty
trade
contractors
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
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]
104,965
77,367
6,634
20,964
12,472
2,901,667
608,117
58,382
2,235,168
11,117,876
6,276,620
1,463,769
3,377,487
594,702
269,860,103
77,636,683
9,166,120
183,057,300
181,878,655
10,710,225
5,968,447
1,404,045
3,337,734
591,788
268,081,319
77,109,419
9,093,245
Other business income (loss) [1]
407,650
308,173
59,724
39,753
2,914
1,778,784
527,264
72,875
1,178,645
Business deductions, total [1,2]
9,764,726
5,728,561
1,387,692
2,648,473
539,378
225,606,070
67,551,170
7,960,484
150,094,416
Cost of sales and operations, total
1,969,622
1,067,019
305,802
596,801
17,486
105,472,101
39,433,221
4,176,651
61,862,229
Inventory, beginning of year
123,385
61,487
18,246
43,653
* 4,887
5,438,450
3,077,192
1,007,287
1,353,971
Cost of labor
178,243
60,082
* 15,279
102,882
* 991
19,759,905
5,839,952
685,819
13,234,134
Purchases
509,926
78,236
232,980
198,710
* 11,463
28,018,206
9,675,046
841,516
17,501,643
Materials and supplies
109,518
28,905
* 11,125
69,488
* 308
37,637,532
14,537,653
856,421
22,243,457
1,180,276
894,293
47,198
238,786
* 4,069
19,709,379
9,115,813
1,802,757
8,790,809
131,727
55,983
19,026
56,717
* 4,233
5,091,371
2,812,436
1,017,149
1,261,785
Advertising expenses
24,527
7,576
1,107
15,845
676
1,334,677
264,929
44,314
1,025,433
Car and truck expenses
286,497
127,853
23,301
135,343
79,940
18,319,608
3,966,747
385,081
13,967,780
Commissions
21,218
16,901
* 952
3,364
* 737
1,034,949
277,421
43,149
714,379
Contract labor
368,740
170,982
50,053
147,705
102,057
26,384,816
6,423,575
442,627
19,518,615
Other costs
Inventory, end of year
Depletion
562,328
441,097
108,680
12,551
* 1,058
14,667
* 106
* 387
14,174
Depreciation
1,189,519
546,433
302,512
340,574
110,016
8,167,058
1,923,882
552,635
5,690,541
Employee benefit programs
39,079
11,589
8,253
19,238
* 532
298,973
68,328
21,805
208,840
Insurance
159,899
61,868
14,038
83,994
11,000
4,706,351
1,022,710
188,562
3,495,079
Legal and professional services
150,537
107,119
7,115
36,303
6,771
1,319,008
402,657
58,046
858,304
Meals deducted
76,073
19,612
5,763
50,698
961
1,166,492
281,740
26,131
858,621
Mortgage interest
21,786
15,625
* 3,874
2,287
18,470
329,264
124,863
33,640
170,760
Other interest paid on business indebtedness
153,970
67,737
56,035
30,198
6,273
821,404
270,832
47,542
503,030
Office expenses
53,614
24,977
4,343
24,294
2,413
1,228,582
273,635
41,747
913,200
Pension and profit-sharing plans
15,204
4,916
* 9,465
* 823
* 104
54,375
7,720
13,509
33,145
Rent paid on machinery and equipment
79,249
21,472
13,568
44,209
* 382
1,693,183
320,292
111,067
1,261,824
Rent paid on other business property
86,168
42,563
15,369
28,236
3,030
1,978,255
422,775
50,651
1,504,828
Repairs
242,398
70,010
57,115
115,273
28,937
2,654,218
551,593
145,895
1,956,731
Supplies
153,417
31,387
29,668
92,361
28,143
12,430,017
2,745,461
258,758
9,425,798
Salaries and wages
652,472
252,564
94,707
305,201
7,453
11,886,889
2,348,925
509,506
9,028,458
Taxes paid
275,795
192,581
24,301
58,913
8,192
2,473,607
542,610
103,488
1,827,508
Travel
98,476
61,061
3,858
33,557
3,984
1,469,784
312,338
66,976
1,090,470
Utilities
135,409
71,758
11,018
52,633
18,142
3,520,402
757,168
93,136
2,670,097
2,900,674
2,263,084
235,649
401,940
81,048
15,317,724
4,468,072
521,672
10,327,980
36,810
21,541
* 656
14,614
* 1,516
1,101,610
246,655
11,282
843,673
1,395,205
570,277
85,531
739,398
55,794
44,304,538
10,109,819
1,252,169
32,942,550
Net income [1,2]
2,576,863
1,475,092
170,816
930,956
205,337
50,548,580
11,686,869
1,613,718
37,247,993
Deficit [2]
1,181,658
904,815
85,285
191,558
149,543
6,244,043
1,577,051
361,549
4,305,443
1,160,359
930,858
74,286
155,216
44,433
5,658,951
1,370,015
381,177
3,907,759
Other business expenses
Home office business deductions, total
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
12,558
9,797
* 1,377
1,384
* 2,193
455,247
82,885
7,468
364,894
Business receipts
38,897
19,679
* 4,543
14,675
* 11,364
4,881,265
1,027,036
114,422
3,739,807
Business deductions
11,245
9,236
* 490
* 1,519
* 58
428,058
92,914
* 12,226
322,918
Net income
27,653
10,443
* 4,053
13,156
* 11,306
4,453,207
934,122
102,196
3,416,889
Footnotes at end of table.
Statistics of Income Bulletin
21
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing
Total
Food
manufacturing
Textile
and textile
product mills
Apparel
Leather
and
allied
products
Wood
products
Paper
products
Printing
and related
support
activities
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
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]
354,185
51,926
12,499
14,301
7,540
28,148
* 3,040
22,905
33,967,257
5,955,668
583,918
851,324
257,364
2,839,173
142,667
1,918,868
1,894,468
33,631,968
5,846,057
582,910
848,382
257,178
** 2,974,245
**
Other business income (loss) [1]
335,289
109,611
* 1,009
* 2,942
* 187
** 7,595
**
24,400
Business deductions, total [1,2]
30,449,608
5,854,165
553,884
909,526
198,481
2,600,940
* 125,445
1,649,098
Cost of sales and operations, total
15,832,881
3,236,533
246,462
322,214
27,749
** 1,854,295
**
798,830
Inventory, beginning of year
2,358,573
642,996
18,507
115,960
* 41,486
** 169,432
**
52,440
Cost of labor
1,698,777
169,881
* 11,857
** 24,841
**
** 304,677
**
* 32,857
Purchases
9,458,083
2,526,344
198,281
204,851
* 17,990
** 956,170
**
350,593
Materials and supplies
2,854,267
310,555
* 16,348
48,035
* 8,787
** 348,127
**
338,482
Other costs
1,852,596
222,665
* 22,351
** 60,616
**
** 220,152
**
61,592
Inventory, end of year
2,389,414
635,906
20,882
131,203
* 41,399
** 144,263
**
* 37,135
Advertising expenses
311,119
65,063
8,871
30,709
* 6,406
** 8,148
**
18,626
Car and truck expenses
1,086,081
150,884
22,572
49,621
* 4,319
** 45,682
**
52,608
Commissions
259,761
18,015
* 2,176
** 10,450
**
** 13,197
**
1,674
Contract labor
742,499
86,739
* 11,805
** 40,108
**
** 29,782
**
15,536
Depletion
Depreciation
2,250
* 866
0
0
0
** 76
**
0
1,314,510
242,012
17,117
24,934
* 2,072
** 129,409
**
39,705
Employee benefit programs
97,521
13,854
* 340
** 1,151
**
** 12,273
**
5,603
Insurance
401,985
67,899
5,009
3,503
* 1,915
** 31,674
**
18,829
Legal and professional services
272,142
48,421
6,202
11,628
* 1,208
** 15,449
**
21,415
Meals deducted
119,339
10,394
3,846
3,808
* 1,215
** 3,054
**
25,814
Mortgage interest
78,908
19,861
* 3,816
** 1,214
**
** 5,836
**
0
Other interest paid on business indebtedness
154,907
35,998
* 6,869
** 5,465
**
** 12,397
**
16,315
Office expenses
282,337
29,512
3,217
51,627
* 552
** 19,766
**
18,365
Pension and profit-sharing plans
15,558
1,194
* 341
** 64
**
** 850
**
* 934
Rent paid on machinery and equipment
181,242
25,728
* 3,386
** 473
**
** 13,894
**
* 16,089
Rent paid on other business property
80,124
1,067,629
228,442
* 11,387
48,266
* 5,322
** 44,717
**
Repairs
441,036
86,681
2,255
6,748
* 189
** 58,547
**
24,915
Supplies
1,087,017
110,960
9,590
22,824
* 123,112
** 41,346
**
34,485
Salaries and wages
2,653,500
575,882
* 42,193
72,559
* 4,474
** 173,056
**
135,384
Taxes paid
536,020
125,111
12,491
13,312
* 368
** 36,034
**
30,733
Travel
304,728
37,068
7,468
27,937
* 1,646
** 7,954
**
23,955
Utilities
673,320
122,307
17,572
24,650
9,703
** 48,093
**
56,178
2,317,418
505,339
89,259
125,684
3,927
** 112,140
**
167,869
178,735
7,022
* 19,389
* 11,774
* 2,127
** 3,667
**
43,687
3,622,232
102,189
30,034
-58,202
58,883
243,244
* 17,221
272,739
Net income [1,2]
5,601,108
648,650
94,892
93,465
72,695
** 335,266
**
306,162
Deficit [2]
1,978,876
546,461
64,857
151,667
* 13,812
** 74,800
**
33,423
1,196,208
199,676
14,333
27,412
* 12,948
38,215
* 2,177
65,777
Other business expenses
Home office business deductions, total
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
58,505
9,344
**
** 2,025
* 2,106
** 7,097
**
* 2,335
Business receipts
504,075
81,078
**
** 7,032
* 18,792
** 95,097
**
* 12,017
Business deductions
37,166
* 2,382
**
** 256
* 980
** 5,049
**
* 1,425
Net income
466,909
78,696
**
** 6,776
* 17,812
** 90,048
**
* 10,593
Footnotes at end of table.
Statistics of Income Bulletin
22
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Petroleum
and coal
products
Chemical
manufacturing
Plastic and
rubber
products
Nonmetallic
mineral
products
Primary
metal
industries
Fabricated
metal
products
Machinery
Computer and
electronic
products
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
2,661
22,573
5,699
13,147
5,734
24,796
23,997
7,521
Business receipts, total [1,2]
47,389
1,950,854
793,690
895,904
471,152
4,340,654
1,839,171
1,096,720
Income from sales and operations [1]
**
** 1,993,876
666,922
896,324
471,069
4,318,883
1,827,004
1,095,057
Other business income (loss) [1]
**
** 4,366
126,768
* -420
* 83
21,771
12,168
* 1,663
Business deductions, total [1,2]
69,825
1,690,725
672,467
844,032
391,035
3,790,610
1,550,036
937,663
632,595
Cost of sales and operations, total
* 9,364
955,638
250,716
430,695
* 248,985
2,018,618
689,997
Inventory, beginning of year
0
90,549
17,878
29,569
* 20,938
153,103
140,509
106,064
Cost of labor
0
* 38,330
* 50,628
* 40,985
* 42,334
260,010
127,033
* 89,427
Purchases
**
** 778,107
30,922
165,937
* 145,435
1,032,387
422,139
430,312
Materials and supplies
**
** 90,312
123,640
68,104
* 15,876
415,717
105,766
* 35,900
* 6,445
78,095
37,629
176,541
* 44,184
351,498
40,021
65,351
**
** 116,835
9,981
50,440
* 19,781
194,096
145,471
94,459
Other costs
Inventory, end of year
Advertising expenses
**
** 19,255
4,469
9,145
* 4,038
11,134
11,547
6,602
Car and truck expenses
**
** 106,868
3,757
34,257
* 14,163
71,683
55,787
5,304
Commissions
0
12,342
* 1,216
* 51,168
**
** 46,128
12,440
* 28,899
Contract labor
**
** 26,940
41,433
28,605
0
87,282
83,590
* 15,841
Depletion
**
** 1,307
0
0
0
**
0
0
* 6,022
73,522
39,270
46,132
* 9,494
273,397
83,442
16,154
* 2,104
Depreciation
Employee benefit programs
0
3,495
1,341
8,654
* 1,562
13,155
8,680
Insurance
**
** 28,285
5,502
11,811
* 8,624
60,993
17,137
4,642
* 414
17,701
12,374
4,079
3,141
18,833
12,761
10,228
Meals deducted
**
** 13,562
262
1,453
* 327
11,709
4,172
1,426
Mortgage interest
0
* 3,378
* 1,014
* 6,875
**
** 10,375
3,518
**
Other interest paid on business indebtedness
0
6,762
1,470
5,016
* 1,100
21,388
6,530
* 2,277
Office expenses
**
** 39,621
7,318
5,318
* 5,451
24,323
12,061
4,976
Pension and profit-sharing plans
0
* 1,154
* 535
* 1,324
**
** 1,941
* 274
* 912
Rent paid on machinery and equipment
**
** 35,712
* 2,889
9,581
**
** 7,576
6,697
**
Rent paid on other business property
**
** 56,948
15,223
5,985
* 11,206
74,842
64,386
43,316
Repairs
**
** 32,350
14,852
19,303
* 3,792
49,233
30,093
5,473
Supplies
**
** 41,628
118,391
9,650
* 2,610
141,188
77,779
53,080
Legal and professional services
Salaries and wages
**
** 88,642
78,071
50,157
* 23,155
444,757
186,406
55,985
* 597
13,103
22,353
19,186
* 3,006
69,317
27,538
5,838
Travel
**
** 12,078
1,796
11,485
* 8,504
18,886
13,710
6,432
Utilities
* 43
33,429
14,581
19,941
11,344
75,774
41,143
7,214
18,708
86,814
23,894
52,395
14,124
247,467
92,558
21,874
0
9,462
* 8,802
0
**
** 3,980
* 2,180
* 3,530
-22,436
260,129
123,667
51,872
81,584
552,457
289,137
159,058
2,526
432,966
156,237
122,775
81,725
662,217
358,584
251,530
* 24,962
172,837
32,570
70,903
**
** 109,901
69,448
92,472
12,621
70,204
48,770
20,436
* 11,502
117,025
63,311
53,350
Taxes paid
Other business expenses
Home office business deductions, total
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
* 1,004
* 5,107
* 2,002
* 2,310
**
** 3,671
* 5,062
**
Business receipts
* 1,360
* 39,352
* 9,471
* 16,172
**
** 32,501
* 18,433
**
Business deductions
Net income
* 31
* 5,378
* 937
* 1,816
**
** 3,033
* 5,611
**
* 1,329
* 33,974
* 8,534
* 14,356
**
** 29,467
* 12,822
**
Footnotes at end of table.
Statistics of Income Bulletin
23
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Manufacturing—continued
Net income status, item
Electrical
equipment,
appliances,
and
components
(32)
Wholesale trade (merchant wholesalers)
Transportation
equipment
Furniture
and related
products
Miscellaneous
manufacturing
Total
(33)
(34)
(35)
(36)
Durable
Nondurable
goods,
goods,
including
including food,
machinery,
fiber,
wood, metals,
chemicals,
etc.
etc.
(37)
(38)
Wholesale
electronic
markets
and agents
and
brokers
(39)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
10,857
11,137
21,548
64,156
349,685
158,053
113,463
78,168
1,005,913
604,798
2,223,907
6,148,122
53,250,491
24,271,882
22,267,275
6,711,334
6,681,377
1,002,975
585,665
2,220,999
6,149,954
52,772,809
23,980,459
22,110,972
Other business income (loss) [1]
* 2,937
19,133
2,908
-1,832
477,682
291,422
156,303
29,957
Business deductions, total [1,2]
910,259
606,720
1,693,734
5,400,963
48,921,618
22,339,147
21,075,565
5,506,906
Cost of sales and operations, total
478,119
172,071
684,372
2,775,629
33,926,361
15,783,085
14,736,762
3,406,514
Inventory, beginning of year
* 65,505
65,327
90,162
538,149
3,789,901
2,366,999
1,200,015
222,887
Cost of labor
* 127,897
* 30,353
102,024
245,645
629,161
450,374
71,982
* 106,804
Purchases
152,265
78,654
277,781
1,689,915
28,354,721
12,726,193
12,892,004
2,736,525
Materials and supplies
* 99,552
* 35,214
280,459
513,395
2,188,378
1,342,514
617,095
228,769
Other costs
* 114,124
* 17,857
29,431
304,044
2,979,705
1,318,567
1,340,964
320,174
81,224
* 55,335
95,485
515,518
4,015,505
2,421,562
1,385,299
208,644
Inventory, end of year
Advertising expenses
8,777
8,691
22,104
67,535
462,734
237,836
158,227
66,671
Car and truck expenses
43,167
89,814
126,839
208,756
1,463,372
640,385
465,084
357,903
Commissions
* 11,780
* 2,538
5,186
42,552
464,278
254,981
109,206
100,091
Contract labor
* 7,114
* 43,485
154,965
69,274
707,355
249,459
241,611
216,284
0
0
0
0
793
* 650
* 77
* 66
Depreciation
23,211
40,227
47,462
200,927
938,491
545,269
313,789
79,433
Employee benefit programs
* 5,193
* 1,492
* 4,817
13,808
63,428
27,597
26,869
8,962
Insurance
18,837
21,945
32,817
62,564
331,041
164,453
136,022
30,565
Legal and professional services
11,998
4,384
17,395
54,511
457,951
125,634
281,728
50,590
Meals deducted
3,938
4,271
4,136
25,953
167,606
74,224
66,167
27,215
Mortgage interest
** 2,717
* 2,253
* 2,109
15,941
44,257
11,263
21,245
11,750
Other interest paid on business indebtedness
* 6,457
* 2,662
6,064
18,136
186,814
87,278
80,124
19,413
Office expenses
10,698
3,958
10,494
35,079
315,824
146,504
117,268
52,052
* 930
**
** 295
4,810
21,025
5,428
11,755
3,842
Rent paid on machinery and equipment
** 2,859
* 3,382
* 18,186
34,791
205,826
118,389
54,700
32,737
Rent paid on other business property
Depletion
Pension and profit-sharing plans
* 64,056
6,031
110,954
196,425
831,639
454,207
287,063
90,368
Repairs
3,260
16,002
17,076
70,268
369,049
190,806
164,596
13,647
Supplies
46,996
28,120
103,566
121,692
901,029
540,851
302,785
57,393
Salaries and wages
73,969
25,898
166,720
456,194
2,009,077
838,430
920,797
249,850
Taxes paid
31,093
8,700
17,934
99,306
383,274
174,006
164,510
44,759
Travel
3,708
21,144
4,264
96,692
533,710
237,843
212,035
83,832
Utilities
25,892
12,228
46,265
106,965
541,556
263,313
202,115
76,127
Other business expenses
27,400
81,860
81,182
564,926
3,412,628
1,091,911
1,940,392
380,324
* 114
* 4,016
* 3,226
55,759
144,087
68,077
46,252
29,757
107,450
-2,067
530,173
825,100
4,353,428
1,930,497
1,195,695
1,227,235
Net income [1,2]
126,281
91,648
629,534
1,133,956
6,212,858
2,777,030
1,971,555
1,464,274
Deficit [2]
18,831
93,715
99,361
308,857
1,859,431
846,532
775,859
237,039
20,437
37,872
63,188
316,954
1,338,557
612,395
463,733
262,429
Number of returns
** 2,284
**
** 3,011
11,147
45,346
15,901
15,620
13,825
Business receipts
** 28,450
**
** 27,592
116,727
427,437
128,334
178,378
120,725
** 940
**
** 6,859
* 2,469
38,411
7,266
* 14,385
16,760
** 27,511
**
** 20,734
114,258
389,026
121,068
163,993
103,966
Home office business deductions, total
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
24
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade
Total
Motor
vehicle and
parts
dealers
Furniture
and home
furnishing
stores
(40)
(41)
(42)
Net income status, item
Building
Electronic
material and
stores
garden
and household
equipment and
appliance
supplies
stores
dealers
(43)
(44)
Food and
beverage
stores
Health and
personal care
stores
Gasoline
stations
(45)
(46)
(47)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
2,401,769
147,938
37,749
11,425
34,348
84,753
159,745
8,599
187,588,890
39,240,766
4,233,446
3,824,552
7,164,429
25,487,946
8,697,086
14,460,833
14,576,693
186,244,320
38,780,651
4,216,069
3,821,068
7,100,199
25,173,526
8,606,341
Other business income (loss) [1]
1,344,570
460,115
17,377
3,484
64,230
314,420
90,746
-115,860
Business deductions, total [1,2]
176,712,177
38,352,226
3,739,085
3,544,299
6,408,157
24,682,899
8,016,374
14,208,002
Cost of sales and operations, total
116,283,916
30,765,688
2,303,812
2,472,701
4,258,369
17,758,445
5,107,817
11,913,297
Inventory, beginning of year
22,108,912
6,198,809
596,122
181,529
726,436
1,884,811
534,906
285,849
Cost of labor
1,881,749
544,970
132,531
* 78,727
158,071
121,583
72,182
45,512
Purchases
103,486,231
28,310,285
1,441,147
1,928,262
3,674,566
16,976,108
4,443,225
10,817,082
Materials and supplies
6,194,284
1,055,583
551,081
* 253,956
310,282
469,132
333,466
719,066
Other costs
5,194,555
1,085,264
154,224
201,702
156,611
234,568
190,273
334,290
Inventory, end of year
22,581,814
6,429,223
571,293
171,475
767,597
1,927,757
466,236
288,502
Advertising expenses
2,556,740
315,215
84,777
27,288
70,834
111,547
158,497
18,074
Car and truck expenses
5,308,893
489,017
129,931
57,766
102,818
223,177
246,496
21,800
Commissions
1,715,282
195,839
108,984
43,596
15,960
85,952
14,795
7,049
Contract labor
2,055,184
401,841
55,241
61,847
121,172
106,029
89,402
25,687
Depletion
Depreciation
Employee benefit programs
28,600
*6
**
0
0
** 86
0
* 292
3,102,076
502,523
46,464
41,857
192,260
391,651
84,207
195,809
189,870
45,708
7,728
2,252
11,924
20,200
14,379
7,414
Insurance
1,383,049
271,730
32,992
33,478
76,591
190,327
54,071
65,969
Legal and professional services
36,364
1,037,491
118,039
31,200
13,242
25,485
83,001
59,171
Meals deducted
557,018
54,862
26,544
5,974
13,089
25,352
21,424
2,041
Mortgage interest
372,204
85,481
15,856
* 1,417
14,561
28,681
8,723
57,976
Other interest paid on business indebtedness
737,406
193,156
10,601
3,172
38,426
66,760
38,295
32,279
1,291,885
129,422
21,491
28,643
32,226
60,844
75,183
15,112
Pension and profit-sharing plans
47,287
4,067
* 561
* 592
6,214
1,600
4,665
5,158
Rent paid on machinery and equipment
687,156
73,977
19,068
91,590
22,542
63,791
39,172
19,479
Rent paid on other business property
5,790,751
623,609
165,359
84,559
138,955
977,303
288,874
177,640
Repairs
1,234,286
229,775
25,705
33,103
64,575
183,543
46,473
91,290
Supplies
3,571,193
375,563
55,204
24,380
63,887
289,539
176,509
29,690
Salaries and wages
8,447,744
1,211,307
200,919
173,857
543,967
1,838,893
483,716
601,358
Taxes paid
2,655,680
351,750
96,245
43,847
111,434
410,389
134,156
181,119
Travel
1,374,102
99,833
27,321
22,068
28,934
35,541
56,688
17,071
Utilities
3,629,906
355,979
89,422
46,714
144,165
506,844
161,636
148,336
Other business expenses
11,725,736
1,422,023
154,209
217,192
305,543
1,206,850
590,805
537,543
653,890
10,170
24,040
* 11,390
1,952
4,503
38,457
* 157
10,938,785
905,745
499,096
280,253
756,458
815,883
680,625
248,101
Net income [1,2]
21,036,650
2,159,291
661,674
307,820
845,474
1,314,437
1,155,166
414,646
Deficit [2]
10,097,865
1,253,546
162,577
27,567
89,015
498,554
474,542
166,545
4,796,799
547,784
94,363
29,939
154,307
247,758
399,198
92,802
Office expenses
Home office business deductions, total
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
334,383
22,941
** 7,155
**
* 6,138
11,970
23,121
0
Business receipts
1,830,275
219,324
** 38,683
**
* 35,913
92,433
83,625
0
Business deductions
Net income
274,833
25,646
** 7,177
**
* 2,276
* 12,059
22,763
0
1,555,442
193,677
** 31,506
**
* 33,637
80,374
60,862
0
Footnotes at end of table.
Statistics of Income Bulletin
25
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Retail trade—continued
Net income status, item
Clothing and
accessories
stores
Sporting
goods,
hobby, book,
and music
stores
General
merchandise
stores
(48)
(49)
(50)
Transportation and warehousing
Electronic
Miscellaneous
shopping
store
and mail-order
retailers
houses
(51)
(52)
Nonstore
retailers
Total
Air and
rail
transportation
(53)
(54)
(55)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
162,521
97,829
32,972
562,742
180,514
880,635
2,589,195
18,640
11,001,277
5,567,546
3,608,250
31,986,823
10,033,233
22,282,703
140,187,881
1,770,908
1,667,752
10,963,431
5,548,695
3,598,262
31,720,448
10,009,665
22,129,270
138,901,517
Other business income (loss) [1]
37,846
18,851
9,988
266,375
23,568
153,433
1,286,364
103,156
Business deductions, total [1,2]
10,707,739
5,409,667
3,414,224
28,865,278
9,166,505
20,197,722
122,388,020
2,049,615
Cost of sales and operations, total
5,453,930
2,910,559
2,413,703
15,422,173
5,170,633
10,332,789
13,187,842
495,098
Inventory, beginning of year
1,818,755
1,839,282
281,513
4,689,575
849,800
2,221,523
273,719
61,013
66,939
42,831
* 49,815
337,817
27,455
203,317
2,797,574
* 19,551
4,845,443
2,437,466
2,192,806
13,311,987
4,606,497
8,501,355
3,539,114
87,860
405,167
191,214
57,775
1,095,615
170,920
581,026
810,916
25,825
Cost of labor
Purchases
Materials and supplies
Other costs
148,806
179,246
132,522
871,425
546,462
959,163
6,092,544
346,093
1,831,179
1,779,480
300,728
4,884,247
1,030,501
2,133,595
326,025
45,246
Advertising expenses
225,940
156,895
18,321
479,969
498,237
391,147
384,306
5,011
Car and truck expenses
421,682
173,418
50,901
1,334,489
212,615
1,844,784
34,874,055
30,751
Inventory, end of year
Commissions
55,715
71,592
* 13,156
401,367
374,797
326,480
3,073,728
12,501
Contract labor
227,569
118,366
19,243
426,484
81,076
321,227
9,858,278
34,177
Depletion
** 2,116
**
0
** 135
**
25,965
22,609
264
Depreciation
199,650
101,632
20,777
636,339
84,392
604,515
8,739,814
610,915
Employee benefit programs
10,839
900
* 6,087
45,374
1,662
15,407
96,476
5,744
Insurance
108,937
61,639
18,268
297,365
28,025
143,657
4,784,608
28,840
Legal and professional services
76,325
43,942
10,079
276,013
76,455
188,173
703,338
19,443
Meals deducted
42,628
26,149
5,380
139,066
20,279
174,230
2,891,422
2,666
Mortgage interest
18,090
* 11,256
* 13,935
67,960
19,324
28,943
239,948
16,808
Other interest paid on business indebtedness
59,607
32,592
5,203
142,663
43,916
70,736
734,539
36,985
Office expenses
154,769
78,490
8,723
277,202
125,386
284,394
650,093
8,334
Pension and profit-sharing plans
* 2,687
* 1,010
* 618
17,084
* 552
2,478
44,824
485
Rent paid on machinery and equipment
54,766
32,029
9,716
171,688
18,921
70,416
3,423,934
12,560
Rent paid on other business property
797,247
297,193
121,472
1,578,856
111,787
427,899
1,347,788
39,963
Repairs
75,324
45,205
17,369
246,573
12,083
163,268
7,280,275
133,699
Supplies
320,251
167,822
18,784
990,965
303,364
755,235
2,042,340
9,872
Salaries and wages
699,678
343,310
139,615
1,706,235
98,236
406,654
3,725,488
135,606
Taxes paid
279,479
110,380
41,620
616,533
55,332
223,394
1,561,525
24,979
Travel
161,717
40,820
19,596
344,231
64,066
456,215
1,620,651
27,343
Utilities
297,209
173,093
56,653
826,191
150,035
673,630
2,527,219
16,305
Other business expenses
892,985
381,113
371,054
2,224,277
1,514,094
1,908,047
17,941,217
327,225
Home office business deductions, total
56,559
23,899
* 8,126
139,940
87,657
247,041
239,418
* 3,717
294,808
161,823
194,601
3,140,822
867,704
2,092,866
17,936,113
-213,881
Net income [1,2]
1,351,170
600,578
329,210
5,550,377
1,491,911
4,854,896
25,529,298
307,815
Deficit [2]
1,056,363
438,755
134,609
2,409,555
624,208
2,762,030
7,593,184
521,696
307,832
119,192
56,667
1,116,741
267,130
1,363,086
2,898,049
378,994
Number of returns
10,309
4,102
* 1,468
81,871
20,772
144,535
329,758
* 6,315
Business receipts
64,916
5,328
* 7,432
480,884
119,438
682,300
1,978,717
* 35,255
Business deductions
14,097
* 4,305
* 5,824
56,154
13,533
110,998
392,287
* 10,326
Net income
50,819
1,023
* 1,608
424,730
105,905
571,302
1,586,431
* 24,929
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Footnotes at end of table.
Statistics of Income Bulletin
26
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and warehousing—continued
Net income status, item
Water
transportation
Truck
transportation
Taxi, limousine
service, and
ridesharing
service
(56)
(57)
(58)
Other transit
and ground
transportation
(59)
Pipeline
transportation
Scenic
and
sightseeing
transportation
Support
activities for
transportation
(including
motor vehicle
towing)
(60)
(61)
(62)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
6,406
704,564
1,103,024
248,887
3,587
14,014
72,062
1,175,947
88,582,942
26,481,055
5,514,244
548,242
645,009
5,632,641
5,485,984
1,166,052
88,072,614
26,077,063
5,437,583
* 547,946
637,271
Other business income (loss) [1]
9,894
510,328
403,992
76,661
* 296
7,738
146,657
Business deductions, total [1,2]
1,234,059
76,647,894
22,749,710
4,960,291
516,237
713,651
5,110,057
Cost of sales and operations, total
458,602
8,665,404
137,168
194,340
* 421,606
75,134
1,413,462
Inventory, beginning of year
* 5,626
92,779
* 7,475
* 978
0
**
** 61,729
Cost of labor
* 67,948
2,326,322
37,839
73,659
0
* 45,661
89,934
Purchases
* 31,112
1,882,986
28,802
* 25,368
* 416,461
* 2,747
336,062
Materials and supplies
* 8,452
624,567
14,605
* 6,850
* 5,145
* 16,470
73,176
Other costs
353,544
3,840,799
63,932
88,095
0
**
** 979,137
Inventory, end of year
* 8,080
102,049
* 15,484
* 611
0
**
** 116,319
272
158,485
114,344
25,501
* 514
16,907
22,892
30,832
19,596,244
8,946,327
1,690,267
* 34,968
31,309
611,502
Commissions
9,534
1,051,711
1,661,332
182,117
0
* 3,657
22,106
Contract labor
37,788
8,059,295
277,689
** 209,457
**
6,065
572,176
Advertising expenses
Car and truck expenses
Depletion
Depreciation
Employee benefit programs
0
17,939
* 1,028
0
0
**
**
304,002
6,173,616
649,395
231,176
* 303
150,891
452,466
* 596
73,454
* 1,382
3,504
0
* 294
8,096
Insurance
18,833
3,647,223
551,804
155,443
* 4,351
28,938
179,338
Legal and professional services
27,197
344,384
189,579
37,305
* 755
9,094
39,217
Meals deducted
14,380
2,391,685
295,317
58,643
* 3,268
2,153
46,673
Mortgage interest
8,228
113,712
60,552
6,319
0
* 13,562
6,655
Other interest paid on business indebtedness
17,584
486,368
62,813
18,734
* 11
30,739
34,126
Office expenses
1,686
382,526
130,595
24,488
* 25
6,217
42,869
**
34,142
** 7,529
* 221
0
**
** 1,740
Pension and profit-sharing plans
Rent paid on machinery and equipment
* 12,752
1,638,484
1,407,164
** 149,577
**
* 21,438
43,839
Rent paid on other business property
8,269
698,122
263,762
** 28,370
**
51,379
107,355
Repairs
64,183
5,827,708
640,663
222,652
* 4,433
28,426
217,298
Supplies
15,666
1,277,980
387,074
81,580
* 11,459
25,340
95,736
Salaries and wages
62,877
2,536,292
153,249
216,500
* 7,248
33,831
421,011
63,885
Taxes paid
11,578
1,025,497
263,331
98,181
* 1,265
18,794
Travel
28,288
1,054,641
291,242
67,024
* 4,081
7,055
39,479
Utilities
9,662
1,175,501
749,740
162,202
* 8,660
17,265
123,268
Other business expenses
89,844
10,048,444
5,292,885
1,024,713
* 6,475
125,689
522,715
* 451
123,520
53,228
** 5,675
**
* 9,179
9,713
-47,498
11,934,418
3,760,332
575,034
32,005
-64,527
521,898
Net income [1,2]
255,287
14,287,841
6,176,837
1,217,147
* 42,191
71,961
875,137
Deficit [2]
302,785
2,353,423
2,416,505
642,113
* 10,186
136,488
353,238
78,079
1,464,765
402,252
128,163
* 4,556
59,708
147,347
Home office business deductions, total
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
* 990
43,669
107,768
** 45,919
**
* 308
16,518
Business receipts
* 1,952
570,696
522,547
** 228,951
**
* 317
138,653
* 904
45,518
160,568
** 73,118
**
* 219
12,341
* 1,048
525,177
361,979
** 155,831
**
* 98
126,312
Business deductions
Net income
Footnotes at end of table.
Statistics of Income Bulletin
27
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Transportation and
warehousing—continued
Net income status, item
Information
Couriers
and
messengers
Warehousing
and
storage
facilities
(63)
(64)
Total
Publishing
industries
(except internet)
Motion
picture and
sound
recording
(65)
(66)
(67)
Broadcasting (except Data processing,
internet publishing
internet) and
telecommunications and broadcasting,
and web search
and internet service
portals
providers
(68)
(69)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
406,203
11,809
366,120
48,970
142,000
59,412
115,738
8,992,482
844,410
13,616,278
1,849,695
4,279,443
3,226,195
4,260,945
4,171,455
8,969,327
839,924
13,432,448
1,837,594
4,215,148
3,208,252
Other business income (loss) [1]
23,155
4,487
183,830
12,101
64,296
17,943
89,490
Business deductions, total [1,2]
7,665,276
741,231
10,398,629
1,263,910
3,555,264
2,539,798
3,039,657
Cost of sales and operations, total
1,131,621
195,407
1,953,515
178,343
417,511
659,464
698,197
Inventory, beginning of year
* 2,044
* 42,074
72,424
13,562
10,643
32,617
15,602
Cost of labor
* 129,039
* 7,622
151,222
* 46,451
65,490
* 1,783
37,497
Purchases
* 609,654
* 118,062
943,113
64,433
69,401
585,536
223,743
Materials and supplies
Other costs
Inventory, end of year
Advertising expenses
Car and truck expenses
17,700
* 18,126
130,019
6,864
43,831
10,538
68,786
* 381,909
39,035
735,584
68,904
239,480
59,786
367,414
* 8,726
* 29,511
78,847
21,872
11,335
30,796
14,845
39,308
1,073
265,887
28,385
94,197
46,839
96,467
148,093
3,820,140
81,715
810,489
184,375
313,167
164,854
Commissions
129,783
* 988
265,947
23,982
21,835
121,589
98,540
Contract labor
615,180
46,452
812,928
133,889
284,398
187,086
207,554
Depletion
** 3,378
0
* 127
0
0
* 31
* 96
Depreciation
132,268
34,781
662,247
13,226
386,797
125,237
136,988
Employee benefit programs
* 375
3,032
31,523
2,720
8,939
7,604
12,260
Insurance
151,786
18,054
108,998
7,233
40,019
39,275
22,471
Legal and professional services
31,748
4,616
199,387
25,123
71,944
23,056
79,264
Meals deducted
70,913
5,723
132,673
16,495
75,594
27,089
13,495
Mortgage interest
* 12,476
* 1,635
5,107
* 2,152
1,944
* 683
* 328
Other interest paid on business indebtedness
42,440
4,739
85,371
1,479
25,020
17,017
41,855
Office expenses
43,051
10,303
154,516
16,739
53,880
41,204
42,693
* 142
* 565
26,015
957
6,333
* 286
18,439
Rent paid on machinery and equipment
107,381
30,740
145,317
2,732
62,953
73,073
6,559
Rent paid on other business property
88,540
62,028
326,667
37,537
171,219
52,558
65,353
Repairs
117,549
23,663
57,829
3,764
32,527
6,709
14,829
Supplies
116,525
21,107
342,649
50,901
162,755
53,433
75,560
Salaries and wages
101,817
57,058
830,601
60,695
220,404
248,368
301,134
Taxes paid
40,670
13,346
128,914
19,671
46,641
30,595
32,007
Travel
94,460
7,039
359,329
36,751
171,337
53,201
98,041
Utilities
244,851
19,766
421,813
52,475
118,840
77,254
173,244
Other business expenses
408,099
95,128
1,944,517
301,579
632,719
429,410
580,808
Home office business deductions, total
32,048
* 1,886
260,815
54,055
102,502
39,659
64,598
1,335,385
102,946
3,264,124
587,083
767,092
683,915
1,226,034
2,083,459
211,623
4,921,497
696,253
1,541,378
919,054
1,764,813
748,074
108,677
1,657,373
109,169
774,286
235,139
538,779
196,669
37,517
906,856
144,063
316,196
167,342
279,255
Pension and profit-sharing plans
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
103,903
* 4,368
82,942
8,668
31,369
13,913
28,992
Business receipts
457,321
* 23,026
617,713
95,629
164,933
96,115
261,036
Business deductions
88,903
* 390
65,448
8,651
31,790
14,224
10,783
Net income
368,418
* 22,636
552,265
86,978
133,143
81,891
250,253
Footnotes at end of table.
Statistics of Income Bulletin
28
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Finance and insurance
Securities, commodity contracts, and other financial investments
Net income status, item
Total
(70)
Credit
intermediation
and related
activities
(71)
Total
Investment
bankers and
securities
dealers
Securities
brokers
Commodity
contracts
brokers
and dealers
Securities and
commodity
exchanges
Other financial
investment
activities
(investment
advice)
(72)
(73)
(74)
(75)
(76)
(77)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
673,588
38,909
190,064
10,387
12,893
5,873
581
160,331
90,012,296
2,965,081
51,464,847
6,282,912
4,927,187
1,451,448
1,026,759
37,776,541
Income from sales and operations [1]
86,909,662
2,730,927
49,371,387
6,367,464
4,232,770
1,370,617
1,088,237
36,312,300
Other business income (loss) [1]
3,102,634
234,155
2,093,460
-84,552
694,417
80,831
* -61,477
1,464,241
Business deductions, total [1,2]
66,157,920
2,427,471
41,515,595
5,688,179
3,977,657
1,338,658
1,044,954
29,466,147
Business receipts, total [1,2]
Cost of sales and operations, total
25,299,969
768,725
23,180,179
4,523,417
2,123,006
859,016
* 841,545
14,833,194
Inventory, beginning of year
331,151
33,334
191,747
* 274
0
* 18,017
* 1,710
171,746
Cost of labor
278,202
* 9,497
76,797
0
* 2,175
0
0
74,622
Purchases
16,258,207
632,279
15,315,129
4,290,958
* 573,218
* 431,967
* 854,127
9,164,859
Materials and supplies
1,142,493
* 74,085
951,312
** 52,875
**
* 166
0
898,271
Other costs
7,728,970
70,435
6,923,743
179,903
1,547,601
** 429,081
**
4,767,158
439,053
50,904
278,549
** 581
**
** 34,507
**
243,460
Advertising expenses
Inventory, end of year
1,058,856
67,370
195,502
8,311
10,967
3,486
* 25
172,713
Car and truck expenses
2,681,848
103,117
540,041
8,749
40,610
39,224
* 1,726
449,732
Commissions
3,329,852
63,166
1,298,583
94,923
137,276
28,289
* 810
1,037,286
Contract labor
549,071
1,606,217
55,886
714,829
86,152
76,007
* 3,016
* 583
Depletion
3,734
* 53
3,326
** 663
**
0
0
2,664
Depreciation
926,524
62,005
376,672
6,839
40,408
18,891
* 283
310,250
Employee benefit programs
191,956
5,006
91,265
2,640
2,758
** 1,038
**
84,830
Insurance
608,817
25,783
154,618
5,767
6,602
2,769
* 36
139,444
1,225,506
52,610
856,568
16,786
23,927
18,075
823
796,957
Meals deducted
Legal and professional services
525,710
25,900
177,768
10,533
15,115
5,348
* 260
146,512
Mortgage interest
126,676
3,019
50,280
* 1,336
* 2,216
** 277
**
46,452
Other interest paid on business indebtedness
423,884
77,724
192,486
7,455
3,918
5,094
* 1,197
174,822
Office expenses
1,017,183
28,098
344,445
13,695
15,322
35,249
560
279,619
Pension and profit-sharing plans
140,294
* 3,241
82,999
4,452
7,008
* 187
0
71,352
Rent paid on machinery and equipment
248,820
19,836
88,737
3,189
10,637
* 166
0
74,745
Rent paid on other business property
1,757,690
53,627
550,602
23,580
20,687
** 5,917
**
500,417
Repairs
244,390
8,978
79,163
4,022
1,840
3,073
* 315
69,913
Supplies
623,156
59,973
170,178
3,178
6,924
10,746
* 68
149,262
5,046,128
190,669
2,000,321
99,255
72,422
53,141
* 1,956
1,773,546
665,542
26,233
276,051
14,028
11,081
917
* 1,283
248,742
1,090,293
40,782
448,489
34,395
20,333
9,840
* 626
383,295
Salaries and wages
Taxes paid
Travel
Utilities
1,185,916
62,116
317,902
16,277
24,200
15,628
1,542
260,254
Other business expenses
15,710,354
595,545
9,181,966
693,794
1,291,002
219,924
190,530
6,786,716
Home office business deductions, total
378,169
27,162
134,361
4,904
12,908
* 61
* 73
116,415
23,889,197
554,845
9,956,287
594,733
949,529
112,794
-18,194
8,317,425
Net income [1,2]
26,840,410
784,000
11,731,637
692,742
1,047,280
213,618
* 9,563
9,768,434
Deficit [2]
2,951,212
229,155
1,775,350
98,009
97,750
100,824
27,757
1,451,008
4,521,078
243,282
1,591,337
83,071
98,437
28,129
* 7,159
1,374,542
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
78,077
3,735
16,467
1,489
** 1,603
**
0
13,375
Business receipts
948,073
60,465
394,129
7,771
** 6,825
**
0
379,533
Business deductions
40,435
845
8,265
* 248
** 74
**
0
7,943
Net income
907,638
59,620
385,864
7,524
** 6,751
**
0
371,590
Footnotes at end of table.
Statistics of Income Bulletin
29
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Finance and insurance —continued
Real estate and rental and leasing
Insurance agents, brokers, and related
activities
Total
Insurance
agencies and
brokerages
Other
insurance
related
activities
and other
financial
vehicles
(78)
(79)
(80)
Net income status, item
Real estate
Funds, trusts,
and
other financial
vehicles
Total
(81)
(82)
Total
Lessors of
real estate
(including
miniwarehouses
and self
storage)
(83)
(84)
Offices of real
estate agents,
Other
brokers,
activities
property
related
managers and to real estate
appraisers
(85)
(86)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
434,562
314,606
119,956
10,052
1,362,185
1,297,399
61,383
981,747
254,269
35,239,655
26,815,586
8,424,069
342,713
92,951,678
86,908,107
3,187,678
59,125,445
24,594,985
24,139,141
34,466,061
26,231,994
8,234,067
341,287
90,927,925
84,992,416
3,104,846
57,748,429
Other business income (loss) [1]
773,594
583,592
190,002
* 1,426
2,023,754
1,915,691
82,832
1,377,016
455,844
Business deductions, total [1,2]
22,001,621
17,345,776
4,655,844
213,234
62,067,444
55,445,351
2,800,254
33,186,225
19,458,873
Cost of sales and operations, total
1,329,516
1,026,753
302,763
* 21,550
16,263,261
14,664,299
264,900
4,486,698
9,912,701
Inventory, beginning of year
87,951
58,022
* 29,929
* 18,119
3,532,903
3,259,420
33,685
385,079
2,840,656
Cost of labor
191,908
137,838
* 54,069
0
458,969
400,292
* 3,154
280,960
116,177
Purchases
292,609
152,045
140,564
* 18,191
6,819,270
5,986,880
173,573
1,473,758
4,339,549
Materials and supplies
116,112
* 82,386
33,726
* 985
2,261,562
1,891,400
* 3,271
395,095
1,493,034
Other costs
732,554
654,120
78,434
* 2,238
6,433,037
6,045,076
116,067
2,354,437
3,574,572
Inventory, end of year
91,617
57,657
* 33,959
* 17,983
3,242,480
2,918,769
64,850
402,631
2,451,288
Advertising expenses
794,321
670,591
123,730
* 1,664
2,695,280
2,600,526
22,062
2,133,556
444,909
Car and truck expenses
2,005,125
1,489,209
515,916
* 33,566
5,616,496
5,378,163
161,866
4,204,163
1,012,134
Commissions
1,967,879
1,626,427
341,452
* 224
3,512,718
3,426,596
56,410
2,921,332
448,854
Contract labor
833,043
538,974
294,069
* 2,459
1,950,032
1,791,927
55,062
1,207,023
529,842
Depletion
* 355
** 355
**
0
10,089
9,661
* 902
2,071
6,688
Depreciation
484,152
357,660
126,492
* 3,695
4,401,067
2,137,593
401,295
1,147,581
588,717
Employee benefit programs
95,515
82,700
12,814
* 171
160,775
146,633
2,999
109,709
33,926
Insurance
423,025
351,132
71,893
5,391
781,887
643,217
65,258
427,079
150,879
Legal and professional services
313,741
235,091
78,649
2,587
1,301,588
1,195,202
58,823
756,442
379,936
Meals deducted
321,617
230,022
91,595
425
679,232
656,290
18,427
507,064
130,799
Mortgage interest
72,952
56,102
16,850
* 425
582,966
536,502
216,362
175,685
144,455
Other interest paid on business indebtedness
153,570
129,663
23,907
* 104
660,466
510,237
56,832
183,242
270,163
Office expenses
643,342
515,117
128,225
1,298
1,247,671
1,211,158
36,798
931,020
243,340
Pension and profit-sharing plans
54,002
40,991
13,011
* 52
58,420
56,117
* 195
18,721
37,201
Rent paid on machinery and equipment
140,109
122,196
17,914
* 138
403,484
331,276
6,004
253,861
71,412
Rent paid on other business property
1,151,387
989,228
162,158
* 2,075
1,487,244
1,320,641
97,000
907,787
315,854
Repairs
154,411
131,567
22,844
* 1,838
1,151,588
943,351
182,755
558,442
202,154
Supplies
390,841
311,501
79,339
* 2,165
1,195,864
1,106,171
76,822
778,765
250,585
2,847,288
2,454,695
392,592
* 7,851
2,823,324
2,463,850
84,961
1,560,619
818,271
Taxes paid
363,070
295,803
67,267
188
1,039,569
957,802
183,884
525,609
248,309
Travel
596,468
361,527
234,941
4,553
918,645
845,194
58,797
582,226
204,170
Utilities
802,179
657,524
144,655
3,719
2,102,312
2,003,343
183,284
1,427,091
392,969
5,817,136
4,491,891
1,325,245
115,707
10,029,573
9,532,717
472,523
6,579,441
2,480,752
215,893
162,141
53,752
* 753
802,305
789,295
29,529
641,323
118,443
13,248,586
9,470,913
3,777,673
129,479
30,966,372
31,475,940
390,642
25,940,821
5,144,476
14,171,000
10,105,269
4,065,731
153,773
36,881,443
36,066,858
809,827
28,303,071
6,953,960
922,414
634,356
288,058
24,293
5,915,071
4,590,918
419,185
2,362,250
1,809,484
2,637,137
1,942,225
694,911
49,321
8,040,174
7,324,909
247,331
5,223,699
1,853,878
Salaries and wages
Other business expenses
Home office business deductions, total
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
53,713
31,815
21,899
4,162
130,789
124,104
5,457
97,393
21,254
Business receipts
456,687
252,626
204,061
36,791
1,440,766
1,414,001
42,604
1,052,481
318,916
Business deductions
30,686
16,922
13,764
* 638
191,587
187,590
* 6,505
159,674
21,411
Net income
426,001
235,704
190,297
36,154
1,249,179
1,226,410
36,099
892,806
297,505
Footnotes at end of table.
Statistics of Income Bulletin
30
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Real estate and rental and leasing —continued
Rental and leasing services
Net income status, item
Total
Automotive
equipment
rental
and leasing
Consumer
electronics and
appliances
rental
Formal wear
and costume
rental
Video tape
and disc
rental
Home health
equipment
rental
Recreational
goods rental
All other
consumer
goods rental
(87)
(88)
(89)
(90)
(91)
(92)
(93)
(94)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
63,275
24,911
* 347
**
** 1,479
**
1,369
8,899
5,977,504
1,407,370
47,003
0
139,310
0
68,195
766,845
758,155
5,871,862
** 1,440,762
**
**
** 139,502
**
66,791
Other business income (loss) [1]
105,642
** 13,611
**
**
** -192
**
* 1,405
8,689
Business deductions, total [1,2]
6,549,902
1,507,685
* 48,954
**
** 139,743
**
221,735
706,985
Cost of sales and operations, total
1,584,247
431,327
* 5,319
**
** 16,126
0
**
** 70,873
Inventory, beginning of year
273,163
** 140,985
**
0
0
0
0
* 1,787
Cost of labor
54,158
* 7,662
0
0
0
0
0
* 3,133
Purchases
828,156
** 300,164
**
**
** 23,396
0
0
* 15,374
Materials and supplies
370,161
** 52,313
**
0
0
0
0
* 32,294
Other costs
382,006
** 102,753
**
**
** 1,035
0
**
** 20,847
Inventory, end of year
323,399
** 167,231
**
**
** 8,306
0
0
* 2,563
Advertising expenses
93,392
** 12,034
**
**
** 1,297
0
* 7,621
33,704
Car and truck expenses
238,333
62,021
* 2,392
**
** 4,913
0
* 1,774
71,455
Commissions
80,518
39,368
0
0
0
0
* 1,151
* 15,633
Contract labor
157,495
25,591
0
**
** 165
0
* 19,418
54,364
429
** 7
**
0
0
0
**
** 10
2,260,494
504,250
* 22,503
**
** 13,301
0
151,982
157,006
Depletion
Depreciation
Employee benefit programs
14,140
* 1,129
0
0
0
0
**
** 1,553
Insurance
137,201
** 35,092
**
**
** 5,607
0
* 3,030
10,546
Legal and professional services
102,815
31,098
* 379
**
** 4,934
0
815
7,691
Meals deducted
22,931
** 2,288
**
0
0
0
* 231
6,817
Mortgage interest
46,444
** 10,201
**
0
0
0
0
7,104
Other interest paid on business indebtedness
145,983
** 31,769
**
**
** 359
0
*4
15,923
Office expenses
33,815
6,011
* 499
**
** 166
0
*2
5,914
Pension and profit-sharing plans
2,303
* 46
0
0
0
0
0
0
Rent paid on machinery and equipment
72,171
** 17,814
**
**
** 434
0
**
** 3,231
Rent paid on other business property
164,765
48,147
0
**
** 23,825
0
* 3,653
31,049
Repairs
205,542
** 37,396
**
**
** 479
0
7,499
23,038
Supplies
85,576
** 13,827
**
**
** 1,658
0
7,551
35,221
Salaries and wages
358,630
** 55,730
**
**
** 47,557
0
* 2,077
45,515
Taxes paid
81,379
15,559
* 1,316
**
** 2,500
0
* 2,338
12,458
Travel
71,720
11,296
* 287
0
0
0
* 195
13,782
Utilities
93,748
** 15,852
**
**
** 8,593
0
* 3,748
23,884
Other business expenses
478,872
109,201
* 4,116
**
** 7,805
**
5,749
54,428
** 6,011
Home office business deductions, total
12,962
** 2,720
**
0
0
0
**
-503,443
-109,858
* -1,951
**
** -434
**
-152,318
54,107
800,078
201,271
* 6,929
**
** 843
**
* 6,412
143,854
1,303,521
311,129
* 8,880
**
** 1,276
**
158,730
89,747
697,251
141,025
* 689
**
** 1
0
* 2,181
58,629
Number of returns
6,547
* 1,054
0
0
**
0
** 1,075
* 1,345
Business receipts
26,695
* 5,387
0
0
**
0
** 6,970
* 5,183
Business deductions
3,997
* 58
0
0
**
0
** 2,519
* 178
Net income
22,698
* 5,329
0
0
**
0
** 4,453
* 5,004
Net income less deficit [1,2]
Net income [1,2]
Deficit [2]
Qualified business deduction
Returns with Schedule C-EZ:
Footnotes at end of table.
Statistics of Income Bulletin
31
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Real estate and rental and leasing —continued
Professional, scientific, and technical services
Rental and leasing
services—continued
Net income status, item
Lessors of
nonfinancial
General rental Commercial and
intangible assets
industrial
centers and
(except
machinery and
other
copyrighted
consumer goods equipment rental
works)
and leasing
rental
(95)
(96)
(97)
Total
Legal services
Offices of
certified public
accountants
Other
accounting
services
(98)
(99)
(100)
(101)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
4,513
21,757
1,511
3,650,330
349,241
35,239
365,154
474,407
3,074,375
66,067
203,648,342
40,894,359
4,466,006
10,290,894
10,180,129
Income from sales and operations [1]
470,076
2,996,576
63,646
201,097,163
40,263,438
4,435,996
Other business income (loss) [1]
* 4,331
77,799
* 2,420
2,551,179
630,921
30,010
110,765
Business deductions, total [1,2]
435,360
3,489,440
72,191
118,755,623
22,760,960
2,712,113
5,901,249
Cost of sales and operations, total
236,292
824,310
* 14,715
24,376,306
2,330,056
23,075
577,054
Inventory, beginning of year
* 33,719
96,672
* 320
1,082,944
61,180
* 3,769
34,804
**
** 43,363
* 4,518
3,677,779
75,912
* 1,748
32,053
* 182,467
306,755
* 4,233
8,882,174
15,174
* 3,590
469,698
18,144
Cost of labor
Purchases
**
** 285,554
0
2,433,006
67,715
* 1,727
Other costs
Materials and supplies
* 53,716
203,655
* 5,956
9,269,725
2,164,358
14,201
56,922
Inventory, end of year
* 33,674
111,625
* 312
969,323
54,282
* 1,960
34,568
Advertising expenses
12,157
26,580
* 1,361
2,979,027
884,119
45,169
80,298
Car and truck expenses
16,044
79,734
0
8,250,509
895,264
138,709
639,623
Commissions
**
** 24,365
* 5,604
1,511,875
191,035
46,650
74,090
Contract labor
11,828
46,129
* 611
7,798,802
1,025,960
142,979
398,693
0
* 412
0
6,538
850
* 257
* 60
Depreciation
Depletion
30,742
1,380,711
* 2,980
4,041,163
338,195
105,618
236,616
Employee benefit programs
34,224
* 1,133
10,325
*2
685,350
231,889
37,341
Insurance
5,993
76,933
* 1,469
1,769,635
568,518
56,557
76,736
Legal and professional services
6,223
51,676
3,571
3,343,921
948,932
49,787
142,076
Meals deducted
2,580
11,015
* 11
1,463,669
190,779
32,561
79,201
Mortgage interest
* 2,248
26,891
* 20
326,162
74,822
46,663
35,981
Other interest paid on business indebtedness
6,930
90,999
* 4,245
619,441
127,664
30,014
40,169
Office expenses
2,275
18,948
* 2,698
3,050,996
817,962
132,216
277,436
**
** 2,258
0
353,766
102,901
14,714
26,860
Rent paid on machinery and equipment
* 1,994
48,698
* 37
1,038,443
167,399
15,571
53,691
Rent paid on other business property
264,175
Pension and profit-sharing plans
* 10,047
48,044
* 1,839
5,007,993
1,813,413
233,372
Repairs
10,158
126,973
* 2,695
899,603
165,959
33,370
73,119
Supplies
6,246
21,074
* 4,117
3,746,673
349,129
47,148
181,284
* 15,613
192,138
* 844
13,564,057
4,385,982
706,149
675,348
5,498
41,712
* 388
2,077,117
558,788
86,215
125,072
Travel
* 1,027
45,133
* 1,731
5,246,144
424,080
50,235
187,645
Utilities
7,508
34,163
* 5,222
4,273,804
815,780
97,587
392,073
Other business expenses
42,065
255,508
17,984
19,025,858
5,068,919
501,447
932,946
Salaries and wages
Taxes paid
Home office business deductions, total
**
** 4,229
* 48
2,685,940
240,931
33,341
211,680
39,047
-332,037
-6,124
84,984,173
18,142,013
1,753,455
4,391,474
Net income [1,2]
65,924
374,845
* 14,508
94,424,862
18,891,762
1,794,045
4,949,842
Deficit [2]
26,877
706,881
* 20,632
9,440,689
749,749
40,590
558,368
18,527
476,199
* 18,014
13,787,696
2,051,830
301,266
875,322
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
0
3,073
* 138
662,483
53,853
3,047
90,057
Business receipts
0
9,155
* 71
7,847,350
1,023,285
13,824
749,353
Business deductions
0
1,243
0
612,833
41,634
5,368
85,097
Net income
0
7,912
* 71
7,234,517
981,651
8,457
664,257
Footnotes at end of table.
Statistics of Income Bulletin
32
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Professional, scientific, and technical services —continued
Architectural, engineering, and related services
Total
Architectural
services
Engineering
services
Drafting,
building
inspections,
and
geophysical
surveying
(102)
(103)
(104)
(105)
Net income status, item
Surveying and
mapping
(except
geophysical)
services
Testing
laboratories
(106)
(107)
Specialized
design
services
Computer
systems design
services
(108)
(109)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
291,771
111,893
105,520
59,330
10,692
4,335
261,904
297,644
17,525,213
7,048,920
7,275,221
2,417,640
576,533
206,899
10,456,589
13,327,182
13,303,668
17,383,347
6,969,285
7,229,420
2,405,756
** 778,885
**
10,392,513
Other business income (loss) [1]
141,866
79,635
45,801
* 11,883
** 4,546
**
64,076
23,514
Business deductions, total [1,2]
11,870,389
5,476,744
4,543,256
1,331,184
359,980
159,226
7,538,732
7,442,012
Cost of sales and operations, total
2,997,638
1,214,999
1,527,851
** 214,709
**
* 40,079
3,150,641
1,817,400
Inventory, beginning of year
136,092
49,600
60,293
0
0
* 26,199
223,563
68,460
Cost of labor
576,176
325,888
160,895
** 78,384
**
* 11,009
94,284
456,599
694,025
Purchases
758,837
223,099
502,728
** 10,432
**
* 22,578
1,849,638
Materials and supplies
761,402
492,084
188,259
78,006
0
* 3,054
367,669
79,333
Other costs
934,212
201,598
678,941
* 47,888
0
* 5,786
774,166
580,986
169,081
77,269
63,264
0
0
* 28,547
158,679
62,002
Advertising expenses
Inventory, end of year
130,560
64,921
30,420
31,019
* 999
* 3,201
145,556
217,731
Car and truck expenses
547,816
1,047,938
451,681
343,596
190,231
38,549
* 23,880
424,202
Commissions
130,710
64,462
13,610
** 52,638
**
**
55,784
92,873
Contract labor
1,120,091
609,466
363,070
101,465
** 46,091
**
338,867
759,564
Depletion
* 621
0
* 12
** 610
**
0
0
0
Depreciation
591,681
282,184
250,564
39,002
13,103
* 6,829
315,227
182,459
37,920
Employee benefit programs
65,558
30,930
24,298
* 7,002
* 2,883
* 446
10,524
Insurance
285,498
133,506
89,718
44,557
14,620
* 3,097
55,727
54,078
Legal and professional services
273,860
121,693
109,763
25,770
9,599
7,035
106,236
136,056
Meals deducted
96,965
31,483
45,929
16,032
* 2,709
* 811
75,145
72,051
Mortgage interest
29,875
14,671
14,129
* 942
0
* 133
* 8,121
5,504
Other interest paid on business indebtedness
48,772
21,848
17,998
* 7,288
* 1,100
* 538
34,528
37,148
Office expenses
203,215
83,058
75,462
27,811
11,000
* 5,884
134,394
164,779
Pension and profit-sharing plans
20,232
5,639
9,002
* 3,422
** 2,168
**
1,867
8,981
Rent paid on machinery and equipment
146,763
86,570
51,561
* 2,916
* 5,532
* 183
46,306
59,118
Rent paid on other business property
310,671
160,344
126,582
7,755
* 10,854
* 5,136
271,273
187,229
Repairs
162,904
106,716
41,879
10,128
* 2,352
* 1,829
34,468
53,987
Supplies
711,319
415,493
184,717
79,742
24,282
* 7,085
385,674
224,666
885,964
Salaries and wages
1,254,522
527,909
409,030
165,396
124,112
* 28,076
293,874
Taxes paid
189,078
96,082
65,018
20,113
4,363
* 3,502
70,643
132,698
Travel
296,710
73,305
190,906
26,717
2,812
* 2,971
177,781
290,866
Utilities
Other business expenses
Home office business deductions, total
332,618
155,835
110,846
51,484
10,342
4,112
281,018
291,306
1,154,667
622,560
360,872
137,737
22,741
10,757
841,826
909,735
233,191
91,691
69,084
65,672
* 3,218
* 3,525
245,042
217,455
5,596,835
1,513,492
2,732,772
1,086,345
216,553
47,673
2,964,562
5,905,029
Net income [1,2]
6,777,345
2,040,502
3,264,677
1,192,615
217,062
* 62,489
3,647,693
6,649,348
Deficit [2]
1,180,510
527,010
531,905
106,270
* 509
* 14,815
683,131
744,319
1,105,823
370,103
527,401
155,719
35,678
* 16,923
745,981
924,178
Net income less deficit [1,2]
Qualified business deduction
Returns with Schedule C-EZ:
Number of returns
41,772
10,930
22,466
6,297
** 2,078
**
41,023
74,159
Business receipts
536,851
158,007
316,064
56,159
** 6,621
**
346,957
777,278
Business deductions
34,733
9,700
17,337
* 6,593
** 1,103
**
34,008
54,628
Net income
502,118
148,307
298,726
49,566
** 5,518
**
312,949
722,650
Footnotes at end of table.
Statistics of Income Bulletin
33
Spring 2021
Sole Proprietorship Returns, Tax Year 2018
Table 2. Nonfarm Sole Proprietorships: Income Statements, by Industrial Sectors, Tax Year 2018—Continued
[All figures are estimates based on samples—money amounts are in thousands of dollars]
Professional, scientific, and technical services —continued
Administrative and support and
waste management
and remediation services
Other professional, scientific, and technical services
Net income status, item
Total
Management,
scientific, and
technical
consulting
services
Scientific
research and
development
services
Advertising
and related
services
Market research
and public
opinion polling
Other
miscellaneous
services
Total
Management of
companies and
enterprises
(110)
(111)
(112)
(113)
(114)
(115)
(116)
(117)
BUSINESSES WITH AND WITHOUT NET INCOME
Number of returns [1]
Business receipts, total [1,2]
Income from sales and operations [1]
2,049,378
980,042
55,940
141,768
44,914
826,715
2,626,388
4,684
106,688,100
53,427,031
1,646,616
9,449,217
1,202,482
40,962,754
83,385,001
549,276
477,299
105,138,072
52,645,134
1,612,287
9,321,076
1,173,602
40,385,973
82,371,816
Other business income (loss) [1]
1,550,028
781,897
34,329
128,141
* 28,880
576,781
1,013,184
71,977
Business deductions, total [1,2]
60,530,169
25,596,939
1,116,112
6,551,952
775,065
26,490,101
60,024,753
519,625
13,480,442
4,275,363
148,307
1,876,396
178,154
7,002,222
14,595,583
209,058
555,078
165,744
* 19,707
12,473
0
357,155
509,398
* 7,193
2,441,007
1,427,292
* 6,296
96,229
* 40
911,150
2,553,519
* 76,603
Cost of sales and operations, total
Inventory, beginning of year
Cost of labor
Purchases
5,091,212
1,345,174
89,359
826,969
0
2,829,710
4,483,709
* 84,000
Materials and supplies
1,137,015
239,320
34,136
140,223
* 35,838
687,498
3,055,456
* 14,954
Other costs
4,744,881
1,242,664
18,510
805,805
142,276
2,535,625
4,387,836
* 33,273
488,751
144,831
* 19,700
5,302
0
318,917
394,334
* 6,966
Advertising expenses
1,475,593
532,770
13,887
361,602
5,187
562,147
884,503
3,381
Car and truck expenses
4,556,957
2,173,792
87,872
341,343
53,211
1,900,738
7,646,144
16,100
Inventory, end of year
Commissions
920,734
415,193
26,324
153,898
* 3,400
321,920
600,542
* 16,630
Contract labor
4,012,647
1,972,703
46,180
663,105
29,196
1,301,462
4,306,267
* 19,815
4,749
4,206
0
0
0
542
8,505
* 87
2,271,367
1,036,624
63,518
137,543
15,176
1,018,506
3,291,933
59,912
Employee benefit programs
267,893
145,276
6,800
17,091
2,101
96,624
145,969
* 1,455
Insurance
672,521
261,827
7,774
53,463
6,158
343,300
1,426,828
8,277
1,686,975
966,383
46,081
130,315
9,394
534,802
712,205
9,906
Meals deducted
916,967
484,698
18,634
92,979
10,269
310,387
500,451
1,071
Mortgage interest
125,196
53,321
* 623
** 4,316
**
66,936
137,249
* 946
Other interest paid on business indebtedness
301,146
149,297
4,896
36,680
2,168
108,105
315,398
4,513
Depletion
Depreciation
Legal and professional services
Office expenses
1,320,994
589,688
21,993
118,791
29,054
561,468
798,935
2,701
Pension and profit-sharing plans
178,211
122,000
* 1,165
5,466
* 998
48,583
32,111
* 190
Rent paid on machinery and equipment
549,594
306,992
4,325
47,607
3,719
186,951
679,481
* 397
Rent paid on other business property
1,927,860
765,257
33,585
274,896
16,173
837,949
911,994
8,722
5,784
Repairs
375,795
161,454
4,605
24,949
2,241
182,545
1,364,171
Supplies
1,847,454
641,943
38,129
177,350
22,199
967,833
3,502,457
3,720
Salaries and wages
5,362,219
2,051,948
111,228
463,845
92,998
2,642,200
6,493,169
65,179
Taxes paid
914,623
347,268
29,610
55,398
8,657
473,691
1,002,916
5,819
Travel
3,818,827
2,374,847
71,561
2
This text is long and has been trimmed here. Open the source document for the complete record.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.