soi bulletin - Internal Revenue Service - Department of the Treasury

SPRING 1995. o .............. o..o.oL;Z=. . . . . . . . . . . . . . w o oft o

Deparbnent of the TreasuryInternal Revenue ServiceMargaret Milner RichardsonCommissionerMichael P. DolanDeputy CommissionerPhil BrandChief Compliance OfficerWayne Thomas -National Director, Compliance ResearchDaniel F. SkellyDirector, Statistics of IncomeiDepartment of the TreasuryInternal Revenue ServicePublication 1136 (Rev. 4-95)Catalog No. 46996F

SOI BULLETINA Quarterly Statistics ofIncome ReportVolume 14, Number 4The Statistics ofIncome (SOI) Bulletin is issued quarterly,in July, October, January and April, by Statistics ofIncome of the Internal Revenue Service. The reportprovides the earliest published annual financial statisticsobtained from the various types of tax and informationreturns filed, as well as information from periodic orspecial analytical studies of particular interest to studentsof the U.S. tax system, tax policyrnakers and tax administrators.It also includes personal income and tax data byState and historical data for selected types of taxpayers, inaddition to data on tax collections and refunds and onother tax-related items.Information on the availability of supplemental data onthe topics included in this issue, special tabulations undertakenon a reimbursable basis, or other SOI subjects, maybe obtained by telephoning the SOI Statistical InformationServices office (202-874-0410), or by writing to theDirector, Statistics of Income CP:R:S, Internal RevenueService, P.O. Box 2608, Washington, D.C. 20013-2608.Robert Wilson and Beth Kilss of Statistics of Incomeare the technical editors of the Bulletin. Wendy Alvey,Clementine Brittain, John Glynn, Bettye Jamerson, RuthSchwartz, and Lisa Smith made major contributions inthe production of this issue. Views expressed in thearticles are those of the authors and do not necessarilyrepresent the views of the Treasury Department or theInternal Revenue Service.Suggested CitationInternal Revenue ServiceStatistics of Income BulletinSpring 1995Washington, D.C. 1995Featured Articles:Individual Income Tax Returns, PreliminaryData, 1993By Therese M. CrucianoForeign Recipients of U.S. Income, 1992 28By Denise S. FreitesExempt Organization Business Income TaxReturns, 1991By Margaret RileyNonfiler Profiles, Fiscal Year 1993 64By Laura R. Rosage and Karla M. DaroncoS Corporation Returns, 1992 73By Amy M. GillData Release:Estate Tax Returns, 1992-93 101Departments:Bulletin BoardRevisions to the Fall 1994 IssueSelected Historical and Other Data 117913827SOI Sampling Methodology andData Limitations-AppendixSOI Projects and Contacts207210For sale by theSuperintendent of DocumentsP.O. Box 371954Pittsburgh, PA 15250-7954Publications and Tapes 214Index-Previously PublishedArticles and Data ReleasesInside Back Cover

Bulletin BoardThis Issue at a Glanceindividual- Income Tax Returns, PreliminaryData, 1993By Therese M. Cruciano"Adjusted gross income," or AGI, increased by only 2.3percent to over $3.7 trillion for 1993, after increasing by4.8 percent for 1992. "Taxable income" also rose, by 2.2percent, to over $2.4 trillion, but total income* tax in-'creased by 5.3 percent to $501.2 billion. A large part of,the increase in tax was due to high-income taxpayers,subject to the new 36 and 39.6 percent marginal tax rates,and also to the new "alternative minimum tax'.'rates. Theoverall average tax rate for*1993 .(tax divided by AGI) -increased from 13. 1 to 13.5 percent,. the net result of a 1.6percentage point increase in the average tax rate forindividuals with AGI of $100,000 or more-and-a ' less than0. 1 percentage'point decrease in the average tax- rate ofindividuals with AGI under $100,000. The latter resultedfrom the various adjustments allowed taxpayers to off~et"the effects of inflation. Two tax credits showed large.increases for 1993 ~ One was the foreign tax credit (up by.* -16 percent to $2.1 billion) and.the other was the "earnedincome credit" (up by ~ 19 percent.to $15.6 billion in total,of which $3.5 billion was actually credited against tax,with the-remainder, $IZ.'I-billi-on-,-r6ftifidibl6).-Foreign Recipients of U.S. Income, 1992By Denise S. FreitesAccording to Forms 1042S for 1992; U.S-7source.income,paid to "foreign persons." totaled $77.5 billion, a netincrease.of 10.5 percent over 1991. Of this total, $49.1billion was interest (excluding amounts either "effectivelyconnected" with a U.S. trade or business, or received frombank deposits) and $13.7 billion was dividends. The $2.0billion in U.S. tax withheld by domestic agents on, thisincome was 9.2 percent more-than that for 199.1. Incomepayments to Japanese persons increased by 9.6 percent to$21.8 billion, making them the largest recipient group for1992, while payments to United. Kingdompersons, thesecond largest recipient group, increased 11.3 percent to$15.2 billion. Together, these two countries receivedalmost half of the income paid during 1992. Foreigncorporations received more income. (nearly $57.4 billion)and accounted for more U.S. tax withheld ($1.4 billion)than all the other recipient types combined.Exempt Organization Business Income Tax,Returns, 1991By Margaret RileyFor 1991, nonprofit organizations reported $3.4 billion ofgross income from business activities considered unrelittedto the purposes for which they received Federalincome tax exemptio'n..The-32,690 organizations with1'uhrelat6d,btisifiess income," or UBI, reportdd an overallnet loss for the year of nearly $0.7 billion. However,included in this total were 14,384 organizations withpositive "unrelated business taxable income" (UBTI)totalin g $431.1 million and total tax of $116.9 ird1lion.Only 433 organizations (with gross UBI of $1 million ormore) accounted for almost half 'of all UBI and nearlytwo-thirds of total tax. Organizations that were corporations,rather than trusts, predominated, so that 60 percentof the total tax was computed at the corporation incometax rates. About. _24 percent of the organizations werecharitable.organizations; another 21 percent were social orrecreational clubs; and 17 percent were business leagues,chambers of commerce, or real estate boards. Fourindustrial categories accounted'for nearly all of gross UBI:manufacturing (especi.ally,printing and publishing, butalso petroleum refining); retail trade (eating and drinkingplaces, and such others as' gift shops and drug and bookstores)-,-. serviceg (espdcially,adveftising, includingprinfing~l and recreation and amusement services); andfinance, insurance, and real estate (particularly insurance,real estate, and certain investment-related activities).--Nonflier-Profiles Fiscal Year 1993- - - -By Laura R,Rosage and Karla M. DaroncoThere were 2.5 nufflion delinquent returns filed by 1.7million individuals in Fiscal Year 1993. The majority ofdelinquent taxpayers, 71 percent, filed only one delinquentreturn, but-more than 18 percent filed two returns,with the remaining I I percent filing three or more. Over43 percent of the returns were between I and 2 years late(returns late by less than. I year were not included in thisarticle) and 40 percent were 2 to 3 years late. Themajority of returns (55 percent) showed a tax balance due,that totaled almost $3.8 billion. Another 38 percent wererefund returns, on which nearly $ 1.0 billion in refundswere claimed. However, refunds were denied on aboutone-fifth of these, * returns because the statute of limitations-had expired; these "barred refunds" amounted to $0.2billion. About 45 percent of the delinquent returns filed in1993 were filed.by single taxpayers; another 31 percentwere joint returns filed by married couples.&Corporation Returns, 1992By.Amy M. GillThis is-the'first analysis of S Corporations to appear in theSOI Bulletin. For 1992, the number of returns filed by SCorporations (qualifying corporations that elected to betaxed through their shareholders) rose 5.1 percent to 1.8million. Following enactment of the Tax Reform Act of

Bulletin Board1986, the annual growth rate for these returns averaged14.1 percent. Their growth during this period was partlyoffset by a decline in other corporation income tax returnsthat averaged 4.1 percent per year. S Corporations were24 percent of all corporation income tax returns for 1986,but by 1992, this percentage had nearly doubled to over46. Because they are generally smaller in size comparedto other corporations, S Corporations' share of totalcorporate net income (less deficit) grew only slightly,from 8.9 percent for 1986 to about 14.1 percent for 1992.Their net income (less deficit) was estimated at $58.3billion for 1992, reflecting profits from a trade or business,from rentals, and from investments. About half ofall S Corporations had only one shareholder (the maximumallowed was 35); the average number was 2.6.Estate Tax Returns, 1992-1993Data ReleaseSome Observations and InsightsThis issue of the Bulletin startsoff with an article presentingpreliminary data from individualincome tax returns. ifyou have been a frequent userof the SOI.Bulletin, you mayhave noticed that over thecourse of a year or so we will have several articles whichapparently cover this same topic -- individual income taxreturns. What is the difference between them?Well, Statistics of Income publishes three different sets ofindividual income tax return statistics each year, plus afourth set for State data. A fifth set also provides geographicdata, in this case, by county, focusing on taxpayermobility or migration patterns. (This fifth set is discussedfurther below, under "Small Area Data.") The five setsdiffer from one another in terms of the time periodcoverage, the design or cutoff dates for the samples usedfor three of the five sets, and the underlying data bases.We thought the following information would help explainthe differences for you.mEarly Tax Estimates.-- The first set is based on asubset of the returns filed through April that arepart of the Statistics of Income sample of returnsfiled throughout the year. Because returns filedthrough April comprise only about 93 percent ofthe returns filed in a given year, it is not consideredwmmfeasible to draw inferences about the rest of thepopulation based on this subsample. Only alimited amount of information is, therefore, compiledfrom these returns. The results are publishedin the same year in which the returns are filed, inthe Fall issue of the Statistics ofIncome Bulletin.What these data mainly provide are early indicationsof change from the year before at thesame point in time.Preliminary Data.--The second data set comprisesthe preliminary statistics for the full year, based onan early cut-off (September) of the probabilitysample used for Statistics of Income. These estimatesare published in the Statistics ofIncomeBulletin the following spring, about 6 months afterthe early estimates are released. (See "IndividualIncome Tax Returns, Preliminary Data, 1993," inthis issue of the Bulletin.) Cutting off the samplein September means that returns filed during the last3 months of the year were not sampled. However,the sampling weights are adjusted to compensatefor their absence. For most income and tax variables,the preliminary data tend to be close to finaldata based on the complete sample. For somevariables, however, the preliminary estimates differsubstantially from the final estimates.Revisions to the Fall 1994 Issue.--For mostpurposes, the preliminary data for 1993 publishedin the current issue of the Bulletin supercede theearly estimates published in "Individual IncomeTax Returns, 1993: Early Tax Estimates," in theFall 1994 issue of the Statistics ofIncome Bulletin.However, to the extent that the early estimatesinclude tabulations that are not repeated in laterstatistics, it is desirable to publish revisions to theseestimates if discrepancies are uncovered. Correctionsto Tables 5 and 7 of the early estimates werereceived too late to be reproduced in the Spring1995 issue. Those who need the corrected databefore they are published in the Summer Bulletinshould telephone the SOI Statistical InformationServices Office on (202) 874-0410, or the SOIelectronic bulletin board (see below).Complete Data.--The third set of statistics, whichis the "final" set insofar as national totals areconcerned, is the most detailed, comprehensivestatistics that are published annually in the completereport, Statistics ofIncome-4ndividual 3

Bulletin BoardmIncome Tax Returns. This report is normallyissued several months.after the preliminary estimatesare released in the Bulletin. The completestatistics are based on the full year's sample, whichincludes returns filed during the last 3 months ofthe year.Individual Income and Tax Data by State.--While the Statistics of Income sample is designedto provide reliable estimates at the national level, itis inadequate for producing reliable estimates at theState level. Resource constraints prevent increasingthe sample size to overcome this limitation. Inorder that at least some data by State are availableto users, Statistics of Income obtains tabulationsfrom the Internal Revenue Service's IndividualMaster File system, which contains record s of allreturns filed. This is the fourth Statistics of Incomeindividual income tax return data set. , However,-,the data available from. this source are limited.tothose maintained for administrative purposes'.While the data by State have theadvantage of notbeing subject to sampling error, they are notwithout limitations. For example, non---,--s-a-mp,li-n-g-e-ff-or-is-o-fteii more easily-a-nd ec_o_n_ori-_cally controlled when the data base is a samplethan when it is the full population. Also, forstatistical purposes, certain data items on returnsincluded in the Statistics of Income sample are"edited" or "perfected." This is not always possible(or even desirable) for tax administrationusage. For example, to collect the correct amountof tax, it may not be necessary or.cost-effective tomake certain corrections, or there may be insufficienttime to make corrections when there aremillions of returns to process -over-a relativelyshort period of time.As a general rule, corrections are made to thetaxpayer record only if they have a direct bearingon the tax liability, whereas for statistical purposes,such corrections have to be, made to maintain thevalidity of the data. Therefore, the statistics byState for 1993 that appear for the first time in thisissue of the Bulletin should be used with theknowledge thatciertain corrections normally madefor the Statistics of Income estimates have not beenmade for this set of data.Small Area DataStatistics of Income also offers another type of data basedon individual income tax returns small area data.There are two different files available populationmigration data and 5-digit ZIP Code data.mNEgration Flow Data..- The migration data areprepared by the Census Bureau for IRS, usingindividual in~orne. tax return information. Theyprovide measures of migration from State-to-Stateand county-to-county, as well as aggregate incometallies by county, based on year-to-year changes intaxpayer address.The latest migration flow data-just received! -present information based on changes in the taxreturn mailing address between Filing Years 1992and 1993.. They show moves in and out of each-State-.and,'each-county. and-include-the-number ofindividual'income - tax returns and the number ofpersonal exemptions (the latter approximates thepopulation). New this year are data on total moneyincome (a Census Bureau concept, which is lessinclusive-than.the-IRS-adjusted-gross income.concept) and median total money income bycounty and State. Tablesof county income totalsarealso provided. Similar-data have.beenpreviously released forselected time periodsbetween 1978 and 1992.Of course, all of the data are presented as statisticalsummaries to ensure that no individual taxpayeris either directly or indirectly identified.These data are available for sale in hard-copy or ondiskette by contacting the Statistical InformationServices office-call (202) 874-04 10 or write to:Statistics of Income CP:R:S:Pinternal Revenue ServiceP.O.. Box 2608Washington, DC 20013-2608.The State migration and county income data canalso be accessed electronically by calling the SOI4

Bulletin Boardmelectronic bulletin board (EBB). The phone numberfor most callers using analog telephone lines is(202) 874-9574- digital systems users shouldcall (202) 874-0408. The EBB can also be accessedthrough "gateway" systems set up by theSmall Business Administration (SBA) and byFedWorld. The SBA's toll-free number is 1-800-827-5722. For assistance from the Sol systemsoperator, contact Jim Willis at (202) 874-0277.ZIP Code Data.- The ZIP code data are obtainedfrom an IRS study of individual income tax returnsfiled for Tax Year 199 1. (Unfortunately, we donot have any more current data at this time.) Theyrepresent taxpayer-supplied mailing address ZIPcodes, as adjusted during tax return processing.These data present aggregate counts by 5-digit ZIPcode for number of returns, adjusted gross income,number of exemptions, total income tax (includingalternative minimum tax), and State. State totalsare also available. Any frequency count less than10 has been deleted to preserve confidentiality.These data are in ASCII format and are sold onlyon diskette (not hard copy). To obtain informationby ZIP code, contact the Statistical InformationServices office (see above).The Statistics ofIncome Bulletin has also received somemention in the press lately. For example, recently articlesand data releases on high-income returns, private foundationsand charitable trusts, and projected returns for.1995-2001 have been mentioned in the Wall StreetJournal. The Journal also made extensive use of individualincome tax return data, citing the SOI Bulletin astheir source, in a featured editorial dealing with the issueof tax fairness and tax burden.The Bulletin has also made the "talk show" circuit!Lawrence B. Lindsey, a member of the Board of Governorsof the Federal Reserve System, cited the SOI Bulletinas his data source in a panel discussion of the impact ofpotential Congressional tax cuts on the bond market. Hewas one of the guests on Wall Street Week with LouisRukeyser, a show aired this January by public television.Our Apologies!Oops! In the Winter issue of the Bulletin, we were so excitedto tell you about Dan Skelly, the new Director ofStatistics of Income, that we rushed the volume to presswithout a couple of lines from the interview we published.Just in case you wondered, we decided to reprint thecomplete text of that portion of the interview here:Your CallGood Reviews!Statistics of Income is pleased tohear that American Demographicshas, once again, included SOIdata -- especially migration data --in its list of "The Best 100 Sourcesfor Marketing Information," in its1994 Directory ofMarketing Information Companies. Infact, in the April 1995 issue of American Demographics,"Dr. Demo" devoted the regular "question and answer"column to a discussion of IRS migration flow data, inresponse to an inquiry about the best sources of data fortracking county migration patterns. Despite somelimitations which are mentioned, "Dr. Demo" cites ourdata as "the finest information you'll find on annualmigration rates for small areas, at least for the populationunder age 65."What about personaUy? What role doyou seeforyourselpI look forward to leading this organization in the yearsahead. I will place emphasis on my Branch Chiefs'assuming more of a role in program decision-making;on their Section Chiefs' playing more of a coachingrole in regard to their employees; on Sections developinggreater teamwork within and among Branches andwith other parts of the Service; and on employeesbecoming more independent and accountable. On apersonal basis, I'd like to maintain a presence in thenonprofit arena. I foresee major applications utilizingexempt organization returns to better assist IRS. Ihave already become involved in interagency statisticalactivities through interaction with my counterpartsin these agencies, and I consider that involvementimportant. I will certainly encourage members of mystaff with more specific background in these areas toplay leading roles, which will get SOI the recognitionand respect we deserve.Our apologies for the oversight!5

Bulletin BoardUpcoming Features -The following are some of the articles planned for,inclusion in upcoming issues of the SOI Bulletin:Corpoiation Income Tax Returns, 1992;Tax-exempt Organizations', 199 1;, and.Interest-Charge Domestic International Sales'Corporations, 1991.Future "data releases" include:.Individual Income Tax Rates and Tax Shares,199 1;nTransactions of Foreign-Controlled Corporations,1991.

Revisions to the Fall 1994 Issue0ata Release: Charities and Other Tax-Exempt Organizations, 1990On Pages 137-138:Table 2 is reproduced in full to include corrections to the data presented on page 138.Table 2.-Form 990EZ Returns of Organizations Tax-Exempt Under Internal Revenue Code Sections501 (c)(3)-(9): Selected Income Statement and Balance Sheet Items, by Code Section[All figures are estimates based on samples-money amounts are in thousands of dollarslItem501 (c)(3)501(c)(4)Organizations tax-exempt under Internal Revenue Code section-501 (c)(5)501 (c)(6)501(c)(7)501(c)(8)501 (c)(9)Number of returns........................................Total assets ...................................................................Cash, savings, and investments:Number of returns.....................................................Amount......................................................................Land and buildings:Number of returns.....................................................Amount......................................................................Other assets:Number of returns.....................................................Amount......................................................................Total liabilities:Number of returns.......................................................Amount.........................................................................Total fund balance or not worth:Number of returns.......................................................Amount.........................................................................Total revenue:Number of returns.......................................................Amount.........................................................................Contributions, gifts, and grants:Number of returns.....................................................Amount......................................................................Program service revenue:Number of returns.....................................................Amount......................................................................Dues and assessments:Number of returns.....................................................Amount......................................................................Investment income:Number of returns.....................................................Amount......................................................................Gain (loss) from sales of assets:Number of returns .....................................................Net gain (less loss) ....................................................Gross amount from sales of assets:Number of returns................................................Amount.................................................................Cost or other basis and sales expense:Number of returns................................................Amount.................................................................Net income (loss), fundraising:Number of returns .....................................................Net income (less loss) ...............................................Gross fundraising revenue:Number of returns................................................Amount.................................................................Direct expenses:Number of returns................................................Amount.................................................................Gross profit (loss), sales of inventory:Number of returns .....................................................Gross profit (less loss)..............................................Gross sales minus returns and allowances: .............Number of returns................................................Amount.................................................................Cost of goods sold:Number of returns................................................Amount.................................................................Other revenue:Number of returns .....................................................Amount ......................................................................0)27,220I , 232,34326,703794,4265,785287,17411,105150,7379,813194,23527,0131,038,10927.2201,313,49523,139644,61312,912325,29010,330114,14220,97050,3961.2402,1451,34311,236,8269,09010,27890,42910,278212,7648,884122,3395,57855,8405,733107,0984,95851,2548,16130.620(2)7,4392334.077,353-215,3311,41986,1852,31132,5561,69738,5457,439295,5277,439294,2104,12457,3091,79542,3545,62697,0676,09513,6862294092722,3191861,9104,3D445,0604,346105,2663,94660,2061,34627,0091,38961,6161,33134,6072,72624,819L31437.5956,3D9235,7881,58156,6122,57717,1942,20628,9866,437280,608.6,437346,8706299,3761,21818,1696,150271,9695,33717,19913130131927158974432,4844867,1713574,6883875,6D438711,2723455,6683,37724,838J4)41415161,3704,415149,1683004.0201,1308,1901,0729,1024,415152,2764,415220,5781,40016,1852,48563,0714,100112,3403,8169.492439439--1.64110,6141,64131,8851,55621,2704714,1574718,9393424,7821,6846,787L5131747222,5883,74779,7501,763119,7001,48123,1371,55826,4743,747196,1143,747159,95386210.4921.15337.2133,41576,6892.8877,669732651162725871,3443,1781,34429.1151,18625,9371,40835,5581,40880.4561,37844,8971,2376,766[611,900140,0771,9DO75,32488264,0799106758229,4161,900130,6611,90070,3991,0383,35266321,5561,81519,9901,5265.32645233881,605731,3738738.77987326,71883017,93938911,99138926,69738914,7065185,169M37310,8033577,4754341023,324599713739,83237324,141151,19927214,4941727.335372653------------------59459Footnotes at end of table.7

Revisions to the Fall 1994 IssueTable 2.-Form 990EZ Returns of Organizations Tax-Exempt Under Internal Revenue Code Sections501 (c)(3)-(9): Selected Income Statement and Balance Sheet Items, by Code Section-ContinuedEAU fiQures are estimates based on samples-money amounts are in thousands of dollars]Item501 (c)(3)501 (c)(4)Organizations tax-exempt under Internal Revenue Code section-501 (c)(5)501 (c)(6)501 (c)(7)501 (c)(8)501 (c)(9)(3)(4)(5)(6)Total expenses:Number of returns, .......................................................AmounL.................27,0651,208,2847,338277,3956,437339,4824,415233,1073,704148,8981,90065,736Grants paid:Number of returns .....................................................Amount ......................................................................Benefits paid to or for members:Number of returns .....................................................AmountSalaries and compensation: ..........Number of returns .....................................................Amount......................................................................Professional fees:Number of returns .....................................................Amount......................................................................Occupancy, rent, and utilities:Number of returns.....................................................Amount......................................................................9,039155,7991.80814,37712.3963D3,30514,669100,77016,476139,6573,89149,3151,10422,3161,84024,4503,03918,5912,99225,7072,34539,3212,64529,4295,32091,3183,80710,4574.10922,2111,3856,88967210,8881,72932,5223,17424.8672,17210.4778034,5124737,5891,29919,0401.9866,7692,87641,7051,3108.7406036,3351.0836,0617216011,47012,30433015,1811712,0901581,D6143157Printing, publications, and postage:-Numberof ret s..........................................Amount......................................................................Other expenses:,Number of returns.....................................................Amount......................................................................21-1693-81,71525,567412,644,-41308-11,5976,150135,147-31672-27,0844,158126,37821544-6,5903,31762,6921-.513-3,4281,61428,2673911594,015Excess (deficit) of revenue over expenses:Number of returns........................................ ........._iniou_ft ......... .................................... ................... ..... ...........27,013-1-05-,20-5-7,4391-6"_81' -96,4377_,39_90__41415.12,529-3,747--11,05411 9004,1!i2l3731,2,4Excludes private foundations and most religious organizations.NOTE: Detail may not add to totals because of, rounding and processing tolerances.8

Individual Income Tax Returns, PreliminaryData, 1993byTherese M. CrucianoPreliminary data show that taxpayers filed 114.6million U.S. individual income tax returns for TaxYear 1993, an increase of 0.8 million returns, or0.7 percent, from the number filed for 1992. Adjustedgross income less deficit (AGI) increased a modest 2.3percent, to more than $3.7 trillion, compared to the 4.8percent increase between 1991 and 1992. Taxable incomealso rose a moderate 2.2 percent to over $2.4 trillion.In contrast, total income tax increased 5.3 percent,from $476.0 billion for 1992 to $501.2 billion for 1993.A substantial portion of the increase in income tax wasreported by high-income taxpayers, mainly as the result ofthe new 36 percent and 39.6 percent marginal tax ratesfirst effective for 1993 (31 percent was the highest rate for1992), as well as the increased alternative minimum taxrates of 26 percent and 28 percent (24 percent was theonly rate for 1992). However, taxpayers affected by thenew marginal tax rates for 1993 were permitted to deferpayment of two-thirds of the tax owed that was in excessof the tax that would have been owed at the previous 31percent rate. An estimated 640,000 taxpayers elected touse this deferral. While the average tax rate increased1.6 percentage points for individuals with AGI of$100,000 or more, the average tax rate for those individualswith AGI under $100,000 declined 0.1 percentagepoints.During 1993, the consumer price index (CPI-U) grewat an annual rate of 3.0 percent, the same rate of growth asfor 1992 [1]. The growth of both aggregate AGI andaggregate salaries and wages was less than the rate ofinflation. The moderate growth in AGI reflected modestgains in a number of income items. Salaries and wages,the principal portion of adjusted gross income, grew by2.8 percent, or one-half the 1992 rate. However, someother items did show significant increases for 1993: netcapital gain (less loss) rose 21.4 percent; and partnershipand S Corporation net income (less loss) increased 8.8percent. Still others showed large declines for 1993,including a 19.8-percent decrease in taxable interest, anda 12.4-percent decline in unemployment compensation.The foreign tax credit rose 16.0 percent, while the totalearned income credit increased 19.1 percent from 1992.The comparisons of data for Tax Years 1992 and 1993in this article are based on the preliminary estimates forboth years [2]. A few income and tax items tend to beunderstated in preliminary estimates; therefore, comparisonsbased on preliminary estimates for one year and finalTherese M. Cruciano is an economist with the IndividualReturns Analysis Section, JeffHartzok, Chiefestimate§ from previous years could be misleading. Comparisonsbased entirely on preliminary estimates reducethe likelihood of misinterpretation of the data, and afford amore accurate representation of year-to-year change.Final statistics for Tax Year 1992 are available in thehistorical tables at the end of this issue of the Bulletin.Adjusted Gross Income, Taxable Income, and TotalIncome TaxAGI grew at a slightly higher annual rate than taxableincome, 2.3 percent for 1993 (Figure A) versus 2.2percent for 1992. Total income tax, however, rose by 5.3percent, reflecting increases primarily due to the new 36percent and 39.6 percent marginal tax rates for highincomereturns. The alternative minimum tax (AMT), onthe other hand, rose 53.9 percent. Most of this increaseapparently resulted from the increase in the basic alternativeminimum tax rate from 24 percent to 26 percent andthe imposition of a new 28 percent tax on alternativeminimum taxable income in excess of the first $175,000($87,500 if married filing separately).Average AGI reported on 1993 individual income taxreturns was $32,489, representing a growth of $494, or 1.5percent, over the amount for 1992; in contrast, averageAGI for 1992 grewIncome tax increased 5.3$1,788 to $31,995, or apercent to S501.2 billion. A 5.9 percent increase fromsubstantial portion of the 1991. Average taxableincrease was due to highincometaxpayers subject to $26,961, up $594 (or 2.3income for 1993 equaledpercent) from the 1992the new 36 percent and 39.6amount of $26,367,percent marginal tax rates.which showed a growthof $1,779 (or 7.2 percent)over the amount for 199 1. In addition, average totalincome tax for 1993 grew $319 (or 5.8 percent), to $5,796per taxable return (i.e., a return showing an amount fortotal income tax liability), in contrast to the $439 increase(or 8.7 percent) to $5,477 per taxable return for 1992 [3].The average tax rate for 1993 (i.e., total income taxdivided by AGI reported on all returns, taxable andnontaxable) was 13.5 percent, 0.4 percentage points morethan for 1992 (Figure B). However, all income sizeclasses with AGI less than $100,000 had average tax ratesslightly less for 1993 than for 1992, while the average taxrate for returns with AGI between $100,000 and $200,000increased only 0. 1 percent. Therefore, the higher overalltax rate for 1993 was essentially used by the individualsin the AGI size classes of $200,000 or more. The principalreasons for the higher average tax rates at the upperend of the income scale were the addition of two new9

Individual Income Tax Returns, Preliminary Data, 1993Figure AAdjusted Gr6sr;*Income, Taxiable Income, and . Tota I Income T . ax, Tdx.Yearii 19.92 and 1993fNumber of returns is in thousands--money amounts are in millions of dollarsl1992 (preliminary) 1993 (preliminary)PercentageItem Number Number ncreaseof Amount of mount n amountreturnsreturns(1) (2) (3) 4) 5)Adjusted gross income (less deficit) ....... 113,752 3,639;546 14,627 ,724,134 .3Taxable income....... : ...............................0,907 ,396,902 0,886 ,450,346 2Total in"come tax. .................................. 6,897 75,964 6,476 01,177 3Aftemative'minim6m tax ..................... 273 1,138 23 ,751 3.9Figure BNumber of Returns, Adjusted Gro - ss Income, and Total'income.Tax, b~ Size of Adjusted Gross Income,Tax Ybars 1992 and 1993[Number of returns is in ihousands-mohe~ amounts are in millions of dollars]Tax year,.Income'--'and taxTax Year 1993 (prelitinfinary):Number of retums .................-Adjusted.grossincome.---(less deficit) ......................Total income tax ...................Tax as a percentageof adjusted gross income(less deficit) ......................tax Year 1992 (preliminary):Number of returns .......... _.t...Adjusted gross incofn ,e(loss deficit) ......................Total income tax ...................Tax as a percentageof adjusted gross income(less deficit) ......................Change in percentage points,tax as a percentage of adjustedgross income'l[lessdeficit), 1993 over 1992... ....Total0)114,6273,724,134501,17713.51113,752,3,639,546475,96413.10AIncludes returns With adjusted gross deficit2Percentage not computed.3Difference not computed.NOTE: Detail may riot add to totals because of rounding.Under$11(2)900-39,94132(2):937-38,69454(3)$1under$10,000(3)29,630148,127217941.929,879150,6123,0132.0-0.1$10,000. under$20,00014A24,829365,64717,8694.9'24,807365,927,18,7705.1-0.2$20,000'under -.$30,000L5117,248424,93436,0268.217,175423;12435,415...8.4-0.2 1, Size of adjusted gross income$30,000under','$50,000_(6121,445834,63786,84210.421,37T,833,36287,491-10.5-0.1$50,000under$100,000L7)16,4921,102,423145,60513.2158141.054,487'.140,41313.3-0.1$100,000under-$200.0obM3,104407,39375,W1367,86367,50318.40.1$200,000under$500.006,119)f4225,07657,85525.7746218.41952,29023.91.8$500,000under$1,000,000Mo14093,46728,31630.3141,95,31324,904,26.14.2$11.000,000ormore0 1)66162,37251,46631.767.169,735.46,11327.24.510marginal tax rates, the increase in the first AMT rate, andthe introduction of a second alternative minimum ' tax ratefor 190. The lower average tax rates in the six lowestAGI size classes (Figures B and Q were mainly the resultof the inflation indexing of the size of the standard deductioln,size of the deduction for personal exemptions, andthe-width of the tax rate brackets. The inflation indexingcaused each of these items to increase by about 3.0 percent,while the aggregate income for returns with AGIunder $ 100,000 grew at a rate of 1.2 percent.Selected Soumes of IncomeThe largest component of AGL salaries and wages, grewby $77.8 billion, or. 2.8 percent for 1993 (Figure D).Business or profession net income (less loss) rose 2.4percent, after increasing 8.7 percent for 1992. Bo I t . h.,salaries and wages and business or profession net income(less loss) grew by less than the 3.0'percent rate ofinflatiori for 1993.' The growth rates of these two itemswere also notably less than the 5.4 percent growth rate forthe Gross Domestic Product [4].

Individual Income Tax Returns, Preliminary Data, 1993Figure CTotal Income Tax as a Percentage of Adjusted Gross Income, by Size of Adjusted GrossIncome, Tax Years 1992-1993Percentage35.030.025.0019920199323.925.726.130.327.2031.720.018.4 18.515.013.3 13.210.08.4 8.210.5 10.45.05.1 4.9I0.0ME$10under$20$20under$30$30under$50$50under$100$100under$200$200under$500Size of adjusted gross Income (money amounts are In thousands of dollars)$500under$1,000I$1110GOormomFigure DComparison of Total and Selected Sources of Adjusted Gross Income, Tax Years 1992 and 1993[Number of returns is in thousands-money amounts are in millions of dollars]1992 (preliminary) 1993 (preliminary) Percentage IncreaseItem Number Number change inof Amount of Amount in amountreturns returns amount(1) (2) (3) (4) (5) (6)Adjusted gross Income (less deficit) I....................................... 113,752 3,639,546 114,627 3,724,134 2.3 84,588Salaries and wages ........................................................................... 96,588 2,814,991 98,153 2,892,838 2.8 77,847Taxable interest................................................................................. 67,471 158,504 65,193 127,056 -19.8 -31,448Dividends.......................................................................................... 23,773 77,517 24,680 79,432 2.5 1,915Business or profession net income (less loss) ................................... 15,310 150,781 15,625 154,473 2.4 3,692Net capital gains (less loss) 2 ............................................................ 16,494 109,919 18,344 133,403 21.4 23,484Net gains (less loss), sales of property other than capital assets ...... 1,665 -2,126 1,678 -2,925(3)-799Social security benefits in adjusted gross income ............................. 5,615 23,596 5,759 25,074 6.3 1,478Rent and royalty not income (loss loss) ~.......................................... 9,941 9,930 9,949 13,761 (3) 3,831Partnership and S Corporation net income (less loss) ....................... 5,150 86,671 5,261 94,340 8.8 7,669Estate and trust net income (less loss) .............................................. 471 3,812 463 4,136(3)324Farm net income (less loss) .............................................................. 2,301 -1,695 2,276 .3,072 M -1,377Unemployment compensation ........................................................... 10,374 31,566 9,668 27,650 -12.4 -3,916Pensions and annuities in adjusted gross income ............................. 17,853 189,069 17,563 195,502 3.4 6,433Individual Retirement Arrangement distributionsin adjusted gross income ................................................................ 4,482 26,450 4,394 27,143 2.6 693Other net income (less loss) ~ ....................n.a. , - Not available.Sources of adjusted gross Income shown am incomplete and, therefore, do not add to total adjusted gross income.2 Includes capital gain distributions reportedly separately.` Percentage changes not computed due to statistical unreliability.4Includes farm rental income less loss..Other net Income (loss loss)* represents only data reported on the residual line on Form 1040, and does not include the foreign-eamed income exclusion.I I

.Individual Income Tax Returns, Preliminary Data, 1993Taxable ~incorne from-pensions and annuities increased "3.4 percent, to $195.5 billion (Figure E). This was thesmallest increase in recent years. Partnership and SFigure EComparison of Pensions and Annuities in AdjustedGrossincome, Tax Years 1988 through 1993[Number of returns is in thousands--money amounts are in millions of dollars]Pensions and annuitiesin achusted gross income'. Tax Year NumberOfAmountreturns1988 (preliminary) .....1989 (preliminary) .....1990 (preliminary) .....1991 (preliminary) .....1992 (preliminary) .....1993 (preliminary) ... :.It)16,48116,98517,15518,10217,85317,563J21 -138,786149,430160,978178,959189,069195,~02Percentageincreasein amount(3)n.al7.77.711.25.6.3.4I Comparison cannot be made between 1987 and 1988 because in 1987 pensions,annuties, and taxable IRA distributions were all reported on one line on Form 1040.Corporation net income (less loss) rose 8.8 percent,although this net income tends to be revised considerablyin the final estimates for a year (see Data Sources andLimitations). Net capital gain (less loss)increasedsharply t6$133-.-4 billionl-a change-of 21.4-perclifit-frdin"1992. Unemployment compensation dropped 12.4 percentto $27.7 billion, a level more consistent with 1991,reflecting the decline in the number of unemployed personsfrom 7.4 percent in 1092 to. 6.8 percent in 1993 [5].The number of returns showing income from unemploymentcompensation benefits for 1993 also.decreased,falling 6.8 percent to 9.7 million.Partially as a result of the continui ng decline in interestrates, taxable interest received declined by 19.8 percent, to$127. fbillion, its lowest level since 1980. Tax Year 1993was the third consecutive year for which taxable interestdecreased. Excluded from Figure D are "statutory ' adjustments,"which are subtracted in the computation of AGI(see Statutory Adjustments)."Total positive income", (TPI) differs from AGI in thatit includes only the positive income line items fromindividual tax returns. TPI is particularly useful whenexamining percentage changes in income items which canhave either positive or negative'results, i.e., a gain or lossi-such-as estate-and-trust income,-rent and-royalty. income;-and farm income,'that are.relatively similar in size. This isbecause the, netting effect tends.to camouflage the separategains and losses which can be quite substantial [6]. For1993, TPI grew 2.3 percent, to reach $3.9 trillion (FiguresF and G) [7]. -Figure FComparison of Total and Seledted*Sources of-Positive Income, Tax Years 1992 and 1993[Number of returns is in thousands--money amounts are in millions of dollars]121992 (preliminary) 1993 (preliminary) PercentageItem Number Number increaseOf Amount of Amount in amountreturnsreturns(1) (2) (3) (4) (5)Total posillive Income ........................................................................ n.a. 3,821,193 n.a. 3,908,895 2.3Salaries and wages.................................................................................. .96,588 -.2,814-991 98,1153 2,892.838 2.8Taxable interest....................................................................................... 67.471 158,504 65.193 127,056 -i9:8Dividends ................................................................................................. 23,773- 77.517- 24,15M - 79,432 2.~Taxable refunds of State and local income taxes ..................................... 16,808 9,729 17,246 10,715 10.1Alimony received...................................................................................... 467 4,479 419 4,072 -9.1Business or profession net income.......................................................... 11.718 169,171 11,862 174.122 2.9Net capital gain ........................................................................12.072 118,322 14,178 141,389 19.5Net gain, sales of property other than capital asset& .............................. ***'******* 751 4,932 777 4,731 -4.1Social security benefits in adjusted gross income.................................... 5,615 23,596 5,759 25,074 6.3Total rent and royalty net income 2 ........................................................... 5,136 36.474 5,304 39,540 8.4Partnership and S Corporation net income .............................................. 3,120 118,051 3,236 123,956 5.0Estate and trust net income..................................................................... 416 4,375 412 4,497 2.8Farm net income ...................................................................................... 913 10.485 907 9,710 -7.4Unemployment compensation .................................................................. 10,374 31,566 9,668 27,650 -12.4Pensions and annuities In adjusted gross income .................................... 17,853 189,069 17.563 195,502 3.4Individual Retirement Arrangement distributionsin adjusted gross income ...................................................................... 4,482 26,450 4,394 27,143. 2.6Other net income 3 ................................................................................... 5,143 - 23,481 5,069 21,468 -8.6n.a. -Not available.Includes capital gain distributions reported separately.2 Includes farm rental net income.3 'Other not income' represents only data ieported on the residual One on Form 1040..

Individual Income Tax Returns, Preliminary Data, 1993Figure GSources of Total Positive Income and Net Losses In Adjusted Gross Income, Tax Year 1993IPositive IncomeIToW rent and royeft(M4TMU"O Imm(1z5-ATiocable IRA distributions (2 7*4Net capital gain (13.9%)Salariesand wages(74.01/6)LkenVoyn-t Compensation (2.794Dividends (7.8%)Fenn (1.004Parbwrahip and S Corporation (12M4Sine Incorne tax refunds (UNTamible penslors and annuities (192%)Taxable sode securitybereft (2-04$1,016.1billionness or profession (17.114All Wer (&4'/.)Net LossesINet capital loss(5.8%)Saws of property omerthan capital assets(5.5%)NOTE: Detail may not add to totals because of rounding.1 13

Individual Income Tax Returns, Preliminary Data, 1993,LossesIn contrast to total positive income, total negative incomeincludes only the negative income line items fromindividual tax returns. Total negative income, i.e., netlosses, included in AGI increased for. 1993 to $139.4billion, an increase of 1.7 percent (Figures G and H).'-"Other net losses," representing the total amount (includingpositive.amounts) reported on the "all other" residualincome line of Form 1040 (excepting the foreign-earnedincome exclusion), were responsible for 25.3 percent ofthe total and showed the largest dollar amount change,increasing by $2.9 billion. The "net operating losscarryforward" accounted for 92.3 percent or $31.9 billion,of "other net losses." Business or profession net loss,which fell for 1992, rose 6.8 percent to $19.6 billion [8].However, losses declined 5.6 percent for taxpayersparticipating in partnerships and S Corporations,'whichaccounted for the,21.4 percent total net losses, (Figures Gand,H)'Stabdory Adjustmerds,Statutory adjustments to total income increased 3.3percent for 1993 (Figure 1). The deduction for I one-halfof self-employment tax was the largest of all statutory-adjustments,- representing 32.4 percent of the total;-itincreased by 3.4 percent. Deductible payments toIndividual Retirement Arrangements (IRA's), despite thecontinued downward trend which began with 1986,accounted for 23.9 percent of all statutory adjustments.,Although the self-employed health insurance deduction.rose 57.5 percent for 1993, this increase is overstated.because the 1992 data do not include amounts reported onamended returns that were filed as a result of the retroactivereinstatement of the provision allowing a deduction of25 percent of health insurance payments which had expiredon July 1, 1992.DeducItionsThe aggregate amount of all standard deductions claimed,i.e., the basic standard deduction plus the additionalstandard deduction for age or blindness, rose' 4.1 percentfor 1993, from $368.0 billion to $383.1 billion (Figure J).*Total deductions, the sum of the standard deductions..and.total itemized deductions (after limitation), equaled $863.6billion, an increase of 2.4 percent. (See Definitions andChanges in Law for a definition of the itemized deductionlimitation.)The number ofreturns claiming a standard deduction,increased, slightly for 1993, accounting f6r.70.7 percent of.all returns-tiled and 44.4 percent of total deduc'tioris~The-1993 average. standard deduction equaled $4,730, up $144fronithe average for 1992. The increase was largely dueto inflation indexing of the standard deduction amounts.Itemized deductions were claimed on 28.5 percent of all-returns filed-and- represented- 55.6 percent-of-total-deduc~tions. The Average total for itemized deductions'(afterlimitation) equaled $14,693, compared to $14,605 for1991 (The remaining 0.8 percent of the returns . claimedneither standard nor itemized deductions because there wasno AGI on these returns.)Figure HComparison of Total and Selected Sources of Net Losses Included in Adjusted Gross Income, TaxYears 1992 and 1903[Numberof returns is in thousands--money amounts are in millions of dollars].141992 (preliminary) 1993 (preliminary)PercentageItem Number Number increaseOf, Amount Of Amount in amountreturnsreturns(1) (2) (3) (4) (5)Total not losses ..................................................................... n.a. 136,112 n.a. 138,361 1.7Partnership and S Corporation net loss ......................................... 2,030 31.380 2,025 29,616 -5.6Total rent and royalty net loss I .......................................... ......... 4,805 26,545 4,646 25,779 -2.9Estate and trust net loss .............................................................. 55 563 51 361 -35.9Business or profession net loss ................................................... . 3,592 18,390 3,762 19,649 6.8Farm netloss................................................. 1,388 12,180 1,369 12,782 4.9Net capital loss 2 ..................... ...................................................... 4,422 81403 4,166 7,986 -5.0Net loss, sales of property other than capital assets ....... 914 7,058 901 7,656 8.5Other net loss I ........................................................................... . n.a. 31,593 n.a. 34,532 9.3n.a. - Not available.Includes farm rental net loss.2 Includes only the portion of capital losses deducted during the calculation of adjusted gross Income.3 Represents only data reported on the residual fine of Form 1046, except the foreign-eamed Income exclusion.NOTE: Detail may not add to totals because of rounding.

Individual Income Tax Returns, Preliminary Data, 1993Figure ISelected Statutory Adjustments, Tax Years 1992 and 1993[Number of returns is in thou sands--money amounts are in millions of dollars]1992 (preliminary) 1993 (preliminary)PercentageItem Number Number increaseof Amount of Amount in amountreturnsreturns(1) (2) (3) (4) (5)Total statutory adjustments I ............................... 17,120 34,755 17,105 35,896 3.3Payments to an Individual Retirement Arrangement.... 4,537 8,836 4,412 8,583 -2.9Self-employment tax deduction................................... 12,144 11,252 12,416 11,640 3.4Self-employed health insurance deduction2 ................ 2,762 1,290 2,887 2,032 (3)Payments to a self-employed retirement (Keogh) plan 915 7,369 943 7,975 8.2Penalty on early withdrawal of savings ........................ 910 150 685 104 -30.7Alimony paid ................................................................ 671 5,273 622 5,087 -3.5I Includes adjustments not shown separately.2 Excludes amended returns on which deduction was claimed retroactively.3 Percentage change not computed due to statistical unreliability.Figure JSelected Itemized Deductions and the Standard Deduction, Tax Years 1992 and 1993[Number of returns is in thousands--money amounts are in millions of dollars]1992 (preliminary) 1993 (preliminary)PercentageItem Number Number increaseof Amount of Amount in amountreturns'returns'(1) (2) (3) (4) (5)Total Itemized deductions before limitation ................................ 32,527 487,550 32,694 492,763 1.1Medical and dental expenses ...................................................... 5,479 25,522 5,408 25,932 1.6Taxes paid .................................................................................. 31.960 159,523 32,156 167,882 5.2Interest paid 3 .............................................................................. 27,315 203,853 27,360 194,976 4.4Home mortgage interest........................................................... 26,961 194,023 27,049 185,627 -4.3Contributions ............................................................................... 29,641 63,430 29,717 67,,166 5.9Casualty or theft losses ............................................................... 117 2,033 166 2,316 13.9Moving expenses........................................................................ 815 4,200 805 3.897 -7.2Miscellaneous expenses after limitation ...................................... 7,571 26,610 7,717 27,877 4.8Gambling loss and other miscellaneous deductions .................... 739 2,379 733 2,718 14.2Itemized deductions in excess of limitation................................. 3,242 12,507 3,289 12,408 -0.8Total Itemized deductions after limitation ................................... 32,527 475,043 32,694 480,355 1.1Total standard deduction............................................................. 80,257 368,041 81,014 383,231 4.1Total deductions (after Itemized deduction limitation) ............... 112,784 843,084 11113,108 863,586 2.4I Returns with no adjusted gross income are not included in the deduction counts. For this reason, the sum of the number of returns with total itemized deductions and thenumber of returns with total standard deduction is less than the total number of returns for all filers.2 Amount shown for total itemized deductions is after limitations. Therefore, the sum of the component deductions does not add to the totals.3 Includes investment interest and deductible mortgage 'points,' not shown separately.Total itemized deductions (before limitation) increased1. 1 percent for 1993. Interest paid, once again,constituted the largest portion (39.6 percent) of the total,with home mortgage interest accounting for 95.2 percent.The remaining portion of interest paid was dividedbetween "investment interest" and deductible points paid*on a mortgage. The home mortgage interest deductiondecreased 4.3 percent from the 1992 amount, coincidingwith the lower interest rates for 1993.The AGI threshold for the limitation of itemizeddeductions was increased to $108,450 for 1993. Totalitemized deductions disallowed higher-income taxpaye~rsby this limitation amounted to $12.4 billion, a decline of0.8 percent compared to 1992.Tax CmditsTotal tax credits increased by 7.1 percent for 1993, from$7.4 billion to $7.9 billion (Figure K). Four credits 15

Individual Income Tax Returns, Preliminary Data, 1993increased: the child care credit, the earned income credit(in total, as well as the nonrefundable portion), the foreigntax credit, and the general business credit.. The foreign taxcredit increased 16.0 percent for 1993, at least paqlybecause high-income taxpayers who could claim most ofthis credit could offset more of their foreign taxes againstthe increased U.S. tax resulting from the higher marginalU.S. tax rates.The portion of the earned income credit (EIQ used tooffset income tax before credits rose' 1 1.5 percent for 1993after dropping slightly (1.2 percent) for 1992 (Figure K).However, the largest segment of the EIC was the refundableportion, which was treated as a refund and paiddirectly to taxpayers who had no tax against which toapply the.credit, or whose EIC exceeded income tax (andother taxes, such as the self-employment tax). Therefundable portion of the EIC amounted to $12.1 billionfor 1993, up 20.5 percent from the $10.0 billion reportedfor 1992. Total EIC, including'the refundable portion,-equaled-$ B-.6-billion-,a 19.1 percent-increase-over 1992- .SummaryAdjusted gross income and total positive income grew atslower rates for 1993 than they had for 1992; their growth--was-less than the rate-of inflation-. -During this-sameperiod, income tax increased, yet the average tax ratedecreased for most returns, even though the overallaverage tax rate increased. Only taxpayers reporting AGIof $100,000 or more experienced an increase in averagetax rates for 1993. The addition of the new marginal taxrates of 36 percent and 39.6 percent, impacting only highincometaxpayers, significantly contributed to the 5.3percent increase in total income tax, which rose from$476.0 billion to $501.2 billion. The total earned incomecredit (including both the refundable portion and theamounts used to offset tax) grew by 19.1 percent over1992.Unemployment compensation reversed the recenttrend, falling 12.4 percent, while net capital gain (lessloss) continued to increase 21.4 percent. Taxable interestdeclined 19.8 percent to the lowest level since 1980.Itemi:ied deductions increased by 1. 1 percent to $480.4billion, and taxable income grew 2.2 percent, reachingalmost $2.5 trillion.Definitions and Changes In LawIn general, the definitions used in this article are the same -as those in Statistics ofIncome--1992, Individual IncomeTax Returns. The following is a partial list of tax law andInternal Revenue Service administrative changes that -hada major bearing on the 1993 preliminary data presented inthis article.E Alternative Minimum Tax. For Tax Year 1993,the basic alternative minimum tax rate was increasedfrom 24 to 26 percent. Alternative minimum taxableincome in excess of the first $175,000 ($87,500 ifmarried filing separately) was taxed at a new rate of28 percent. This increase in tax rates was partiallyoffset by an increase in the alternative minimum taxexemption, which rose from $40,000 to $45,000 formarried persons filing jointly and qualifyingwidow(er)s, from $30,000 to $33,750 for singlepersons and heads of household, and from $20,000to $22,500 for married persons filing separately.Figure KSelected Tax Credits, Tax Years 1992 and 1993[Number of returns is in thousands--money amounts are in millions of dollars].16 ~1992 (preliminary) 1993 (preliminary) PercentageItem Number Number increaseof Amount of Amount in amountreturnsreturns(1) (2) (3) (4) (5)Total tax credits' ............................................ .12,730 7,396 13,180. 7,922 7.1Child care credit................................................... 5.979 2,524 6,060 2,550 1.0Earned incorne credit, total2 ................................. 5,980 2,066 6,135 2,304 11.5Credit for the elderly or disabled.......................... 243 52 220 48 -7.7Foreign tax credit................................................. 1,074 1,824 1,292 2,116 16.0General business credit ....................................... 241 507 245 517 2.0Credit for prior-year minimum tax ........................ 59 261 56 217 -16.9Includes credits not shown separately.2Represents ' portion of earned income credit used to offset income tax before credits. Additional earned income credit amounts were used to offset other taxes ($1.0 billion for1992 compared to $1.2 billion for 1993), and some amounts were either refundable.or paid directly to the taxpayer($.10.0 billion for 1992 compared to $12.1 billion for 1993).

Individual Income Tax Returns, Preliminary Data, 1993MDeferral ofAdditional 1993 Taxes.-As a result ofthe new 36 percent and 39.6 percent marginal taxrates being applied retroactively, taxpayers affectedby the new rates were permitted the option ofdeferring payment on two-thirds of the tax owed thatwas in excess of the tax that would have been owedat the 31 percent rate. Taxpayers electing thedeferment option were required to file Form 8841,Deferral ofAdditional 1993 Taxes, with their 1993tax return. Half of the deferral taxes were to be paidby April 17, 1995 and the remaining half by April15, 1996.deductions may have been limited; this thresholdwas increased from $105,250 ($52,625) for 1992, asa result of inflation indexing. The limitation did notapply to deductions for medical and dental expenses,investment interest expenses, casualty or theft losses,and gambling losses; all other deductions weresubject to the limitation. To arrive at allowableitemized deductions, total itemized deductions werereduced by the smaller of: (a) 80 percent of thedeductions that were subject to the limitation, or (b)3 percent of AGI in excess of the limitation threshold.MEarned Income Credit. - If a taxpayer's "earnedincome" and adjusted gross income for 1993 wereboth less than $23,050, and a qualifying child livedwith him or her, the taxpayer may have been allowedto claim the earned income credit. (The incomeeligibility level, which was $22,370 for 1992, wasadjusted to reflect inflation.)The basic credit for 1993 could have been as muchas $1,434 for one qualifying child, and as much as$1,511 for two or more qualifying children, comparedto $1,324 and $1,384, respectively, for 1992.The maximum amount of the health insurance creditwas $465, an increase of $14 over 1992. Themaximum amount of the extra credit for a child bornin 1993 was $388, compared to $376 for 1992.Exemption Amount. - Indexing for inflationallowed a taxpayer to claim a $2,350 deduction foreach exemption to which he or she was entitled for1993, an increase over the $2,300 allowed for 1992.The threshold for the limitation of exemptionamounts was also indexed for inflation, from$105,250 to $108,450 for single filers; $157,900 to$162,700 for married persons filing jointly andqualifying widow(er)s; $131,550 to $135,600 forheads of household; and $78,950 to $81,350 formarried persons filing separately. After inflationadjustment, the phaseout of the deduction forexemptions was completed at AGI levels above$230,950 for single filers; $285,200 for marriedpersons filing jointly and qualifying widow(er)s;$258,100 for heads of household; and $142,600 formarried persons filing separately. Above theselevels, no deduction for exemptions was allowed.0 Itemized Deductions.- If a taxpayer's AGI wasgreater than $108,450 ($54,225 if married filingseparately), some types of his or her itemizedMSelf-employed Health Insurance Deduction.-In1987 and subsequent years, self-employed persons,or owners of more than 2 percent of the outstandingstock of an S Corporation, could deduct, whencalculating AGI, up to 25 percent of the amount paidfor health insurance for themselves and theirfamilies. The deduction was disallowed for anymonth in 1993 in which the self-employed individualwas eligible to participate in any subsidized healthplan maintained by an employer of the individual ortheir spouse. Ile deduction expired on July 1, 1992;therefore, only the amounts paid prior to that datecould be deducted on 1992 returns. The OmnibusBudget Reconciliation Act of 1993 extended theprovision retroactively for the period July 1, 1992,through December 31, 1993. Taxpayers had to filean amended return if they wished to take advantageof the deduction, but amended returns were not usedfor the statistics.Self-employment Tax.-The ceilings on taxable"self-employment income" were raised for 1993, to$57,600 for self-employment tax, and $135,000 formedicare tax. The limits were $55,000 and$130,200, respectively, for 1992. (Self-employmenttaxes and medicare taxes are reflected in the statisticsfor "total tax liability.")Standard Deduction. - The standard deductionincreased for 1993 as a result of inflation indexing.For single filers, the standard deduction rose from$3,600 to $3,700; for married persons filing jointlyor qualifying widow(er)s, from $6,000 to $6,200; formarried persons filing separately, from $3,000 to$3, 100; and for heads of household, from $5,250 to$5,450.Tax Brackets. - Two new tax brackets applicable tohigh-income taxpayers were created for 1993 [9].17

Individual Income Tax Returns, Preliminary- Data, 1993new 36 percent tax-rate,applied to taxableincome I in excess of $115,000 for single'filers;*$140,060 for joint filers or qualifying widow(er)s;$70,00b for married persons filing separately; and$127,500 for heads of households and equal to orbelow $250.,000 for single filers, joint filers, orqualifying widow(er)s and heads of households and$125,000 for married persons filing separately. Thenew 39.6 percent tax rate applied to taxable incomein excess of the upper boundary (stated above) forthe 36 percent tax bracket.To counterbalance the effects of inflation, theexisting tax brackets were widened. The 15 percentbracket applied to taxable income equal to or below$22,100 for sing~e filers; $36,900 forjoint filers orqualifying widow(er)s; $18,450 for married personsfiling separately; and $29,600 for heads of household.The -2.8 percent tax bracket applied to taxableincome-in-excess-of the-15-percent-bracket-ceilingandequal to or below $53,500 for single filers;$89,150 forjoint filers or qualifying widow(er)s;$44,575 for rharried persons filing separately; and$76,400 for heads of household. The 31 percent tax---rate Applied to taxable income-in excess-of the~'28_percent bracket ceiling and equal to or below$115,0004or single filers; $140,000 forjoint filers orqualifying widow(er)s-1, $70,0.00 for married personsfiling separately; and $127,500 for heads of house-.,'holds.-Data Soumes and Limitaflow'-.,"'These preliminary statist . ics ar~ based on a sample' of'individual income tax returns (Forms -1 040, 1040A,'and- .1040EZ; including Form 104OPC and e'lectronicallyLfiledreturns) filed during Calendar Year 1994. Returns in thesample were stratified based on: (a).the larger pf positiveincome or negative income; (b) the size of business andfarm receipts; (c) the presence or absence of specificforms or schedules; and (d).the usefulness of returns1or,tax modelling purposes (10]. Returns were then s:el.ectedatrates ranging-from 0.014 percent to 100percent. Me,preliminary 1993 data are based on a sample of 88,19.1returns and an estimated final population of 1 15 61-6,004returns. The corresponding sample and population for thepreliminary 1992 data were 88,023 and 115,162,585returns, respectively.The data presented here are estimates based on asample of returns filed, and are, therefore, subject tosampling error. To properly use the statistical data pro--vided,-the-magnitude-of the-potential-sam ling-effor must--be known; coefficients of variatio.n.(qV's) are used tomeastirethat magnitude.Approximate CV's for the number of returns andmoneyarnotints for selected income items are presented-(Figure Q.-These approximateq-V'.s-shown,are-intendedonly as a general indication of the reliability: of the data.The reliability of estimates based on samples,. and the, useof coefficients of variat ion for evaluating the precision ofestimates based on samples, , are discussed in the appqrldixto this issue of the Bulletin..LFigure LIncome and Coefficient of Variation for Selected Items, 1993[Number of returns is in thousands-7money amounts are in millions of dollarr-coefficients of variation are percentagesl.18ItemNumber OfReturnsCoefficient ofVariation,IncomeArnountCoefficient ofVariation(1) (2) (3) (4)Adjusted gross income less deficit.............................................................. 114,627 0.01 3,724,134 0.17Salaries and wages ................................. ................................................... 98,153 0.18 2,892,638'Business or p , rofession:~0.28'Net income .................... ........................................................................... 11,862 0.62 174,122 1.19Net loss ................................................................ : .................................. 3,762 1.91 19,649 2.71Net capital gain reported on Schedule D:Net income ............. .......... ::"***"*****'*"***"***'*'** ............... :.: ......................... 10,227 1.20 138,776 1.20Net loss ............... : ....... ........................................................ : ................... 4,166 2.01 7,986 2.16Partnership and S Corporation: , . . INet income ............ ...... a .................................................... 3,236 1.90 123,956 1.32Net loss .................I .......................... 2,025 2.67 29,616 2.37Pensions and annu* Mai in adjusted ....... 'gross income ...................................... 17,563 1.00 195,502 1.44Total statutory adjustments.... ..... .................. :...... 17,105 0.79 35,896 1.32.Total itemized deductions : ............... ........... ..... 32,694 0.59 480,355 0.58Taxable income .........................90,886......0.26 2,450,346- 0.23Total tax credits ............................................................................ ............... 13,180 1 29 7,922 1.90Earned income credit........................... ; ....................................................... 15.162- .1.12 *15,567 A32Total income tax ........ ................................................................................. 86,476 0.28 501,177 0.26

Individual Income Tax Returns, Preliminary Data, 1993Figure MComparison of Selected Preliminary and Final Data, Tax Year 1992Item1992finaldataIncrease frompreliminary tofinal data(1) (2) (3) (4)1992preliminarydataPercentage increasefrom preliminaryto final dataAdjusted gross Income (less deficit) ........................................................ 3,639,546 3,629,130 -10,416 -0.3Salaries and wages ................................................................................. 2,814,991 2,805,703 -9,288 -0.3Sales of capital assets, net gain less loss............................................... 109,919 118,240 8,320 7.6Partnership and S Corporation:Net income.......................................................................................... 118,051 128,704 10,653 9.0Net loss ............................................................................................... 31,380 41,053 9,673 30.8Other income:Net income............................. * ............................................................ 23,481 24,212 731 3.1Net loss ............................................................................................... 2,053 2,710 657 32.0Total itemized deductions after limitation................................................. 475,043 481,946 6.903 1.51Interest paid deduction ........................................................................ 203,853 208,656 4,863 2.4Total tax credits .................................. I ..................................................... 7,396 7,749 353 4.8Total income tax ...................................................................................... 475,964 476,239 275 0.1Alternative minimum tax ...................................................................... 1 1,138 1 1,357 1 219 1 19.2While the preliminary estimates are intended to representa full year of taxpayer reporting, they are actuallybased on returns processed for tax administration purposes,in the case of 1993 returns, between January andlate September of 1994. In general, returns processedduring the remainder of each year tend to have somewhatdifferent characteristics compared to the returns processedearlier. These characteristics include disproportionatelylarge amounts of investment income and alternativeminimum tax, for example.All comparisons between 1993 and 1992 are based onpreliminary estimates for each year. A comparison of1992 preliminary and final data is provided (Figure M).Certain items, such as AGI and salaries and wages, whichare reported on most returns, changed little. In contrast,other items, including the alternative minimum tax, partnershipand S Corporation net losses, and "othee, incomeless loss tend to be understated, to varying degrees, in allpreliminary estimates.Nofts and Refemnices[11 Economic Report of the President, 1995, p. 341. Theconsumer price index (CPI-U) represents annualaverages of monthly figures and reflects buyingpatterns of all urban consumers:1993 CPI-U = 144.5;1992 CPI-U = 140.3;1991 CPI-U = 136.2.[2] "Preliminary estimates" differ from the "early taxestimates" published for 1993 in the Fall 1994 edition[31[41[51of the Bulletin. The preliminary estimates in thisarticle represent estimated totals expected for the fulltax year, based on returns processed by the InternalRevenue Service through September 1994. The earlytax estimates represent data only for returns filedthrough April 30.Average (or mean) taxable income is defined as theamount of taxable income divided by the number oftaxable returns. Taxable returns are defined asreturns with "total income tax" (the sum of incometax after credits and the alternative minimum tax)present. Average total income tax is defined as theamount of total income tax divided by the number oftaxable returns.Economic Report ofthe President, 1995, p. 275.Economic Report ofthe President, 1995, p. 320.[61 For example, farm net income decreased 7.4 percent,from $10.5 billion to $9.7 billion. Farm net loss roseby 4.9 percent, from $12.2 billion to $12.8 billion.The net income (less loss), however, increased 81.2percent. The small percentage changes in the positiveand negative portions led to a large percentagechange in the combined total because the respectiveportions were similar in size and, thus, the net income(less loss) was small in absolute amount.[71For purposes of this article, total positive income is acompilation of all income items on individual incometax returns (Forms 1040,1040A, 1040EZ, 104OPC,and electronically-filed returns) for which a positive 19

Individual Income Tax Returns, Preliminary Data, 1993amount was reported by the taxpayer., The Form1040 income tax return entry for Schedule E, SupplementalIncome and Loss, was separated into thefollowing components: rent and royalty net income,partnership and S Corporation net income, and estateand trust net income. When any of these componentswas positive on a return, the corresponding income(rather than the netted total amount from Schedule E)was included in the statistics for total positive income.[81 Detailed information regarding nonfarm soleproprietorships will be included in the Fall 1995issue of ' the Bulletin.[9] U.S. Congress, Omnibus Budget Reconciliation Actof1993 (H.R. 2264, 103rd Congress; Public Law.103-66), August 10, 1993.[101 Returns in the sample were stratified based on thepresence or absence of one or more of the followingforms or schedules: Form 2555, Foreign -EarnedIncome; Form 11 16, Computation ofForeign TaxCredit-, Schedule C, Profit (or Loss)from Businessor Profession; Schedule F, Farm Income andExpenses; and Form 4835, Farm Rental Income (orLoss).20

Individual Income Tax Returns, Preliminary Data, 1993Table I.-All Returns: Selected Income, Adjustments, Deductions, and Tax Items, by Size of AdjustedGross Income[All figures are estimates based on samples-money amounts are In thousands of dollars]Selected sources of income or lossAdjusted Salaries and wages Taxable interest Tax-exempt interestSize of adjusted Number of grossgross Income returns income Number Number Number(less deficit) Of Amount Of Amount at Amountreturns returns returns(2) (3) (4), (5) (6) (7) (8)All returns. ........................... 114,626,932 3,724,134,280 98,153,448 2,892,837,750 65,193,003 127,055,705 4,713,335 47,140,618No adjusted gross income 899,576 -39,941,147 314,795 6,119,191 541,722 2,186,960 39,108 569,079$1 under $5,000........................ 14,867,815 37,405,9D9 11.978,382 32,386,488 5,073.893 2,684,103 107,058 529,411$5.000 under $10,000............... 14.762,539 110.721.444 11,613,473 80,848,970 5,460,569 7.366,403 157,188 679,504$10,000 under $15,000 ............. 13,438.893 167,173,784 10,771,789 122,786,694 5,478,248 9.468,230 254,538 983,605$15,000 under $20,000 ............. 11,389,981 198.473,479 9,611,305 163,110,103 5,391,559 8,868.162 229,297 1,290,583$20,000 under $25.000 ............. 9,463,503 212,103,945 8,180,516 168,435,722 4,985,338 267,340 1,625,602$25.000 under $30,000 ............. 7.784,506 212,829,573 7,101.067 178,624,388 4,467,410 5,331,057 190,160 1.128,453$30,000 under $40,000 ............. 12,399,060 430,503,292 11.360,874 363,177,100 8,423,971 10,731,576 534,379 3,200,476$40,000 under $50.000 ............. 9,045,705 404,133.530 8.299,853 337,723.075 6,970,062 10,224,326 515,814 3,427,392$50,000 under $75,000 ............. 12,259,028 742,040,878 11,376,210 623,804,386 10,499.106 16.409,067 BU.457 6,199,751$75,000 under $100,000........... 4.232.668 360.381.832 3,922,406 293,411,464 3,951,081 9,462,390 468,783 4.129,360$100,000 under $200,000 3,104.040 407.393.261 2.779,650 291.222,698 2,985,115 13,192,187 664,810 7.561,997$200,000 under $500,000 773,993 225,076,305 668,582 136,635,162 760,544 9,652,260 297,492 6,987,155$500,000 under $1,000,000 139,977 93,466,534 118,266 48,683.094 138,947 4,707,940 76.291 3,362,183$1,000,000 or more.................. 65,646 162,371,663 56,277 55,869,216 65,437 9,161,684 42,618 5,466,067Taxabti returns....................... 86,475,527 3,555,790,079 75,523,222 2,724,516,462 56,941,889 114,885,970 4,403,287 44,027,204Nontaxable returns ................. 1 28,151,405 1 168,344,202 22,630,225 1 166,319,287 6,251,114 12,169,835 310,048 3,1111394114Selected sources of income or loss-ContinuedBusiness orDividends State income tax refunds Alimony received professionSize of adjustedNot incometurnsgross income Number FNumber Number NumberOf Amount Of Amount Of Amount Of Amountreturnsreturnsreturns(9) (10) 1) (12) (13) (14) (15) (16)All returns........................... 24,680,390 79,431.OS7 17,246,169 10,714,832 418,730 41,0711,657 11,W2,255 174,122,366No adjusted gross income 237,084 693,732 62,903 115,604 1,138 9.133 100,224 1,068.292$1 under $5,000........................ 1,557.165 1,106.442 55.282 26,915 12,920 31,303 1.036.936 2,625,100$5,000 under $10,ODO ............... 1,628,047 2,359,810 254,907 111,691 51,373 279,159 1,392,717 7,627,079$10.000 under $15,000............. 1.701.692 2,951,074 321,034 100,872 73,012 379,113 1,121,087 8,542.668$15,000 under $20,000............. 1,643,157 3,218,462 599,610 207,272 57,115 374,642 1.019,668 9,037,768$20,000 under $25,000............. 1.630.155 3,255,596 774,240 267.495 42,468 272,988 815,860 7,994,365$25,000 under $30.000............. 1.312.809 2,382,857 1,033,467 374,800 34,400 247,219 780,327 7,231.939$30,000 under $40.000............. 2,804.1137 5,752,582 2,542.883 1,015,964 65,423 634.698 1,325.934 14.055,861$40,000 under $50,000............. 2,571,967 5,650,534 2.752,716 1.098,325 33.957 500,230 1,113,983 12.102.367$50,000 under $75,ODO............. 4,537,955 10.802,407 4,946,711 2.589.843 28,080 648,295 1,614,899 25,410,670$75,000 under $100,000........... 2,180,820 7,102,149 1,978.485 1,282,571 -9,634 -337,847 657,468 17,176.591$100.000 under $200,000 2,066,728 11,534,662 1,450,450 1,567.965 8,074 324,941 665,237 33,720,374$2DO.000 under $5W.000 624,152 9,080,751 369.049 997,840 -9,644 176,338 18.098,043$500.000 under $1,ODO,000 123,340 4,168,032 69,703 377,252 29,114 5.059,850$1,000,000 or more .................. 60,483 9,372,765 34,725 680,523 70 22,115 12,462 4,351,400Taxable returns...................... 22,256,064 74,841,867 16,446,87S 10,231,6" 334,981 3,697,537 8,774,299 154,948,682Nontaxable returns................. 1 2,424,325 41,689,9901799,2941483,288183,7491374,11913,087,956119,173,683Footnotes at end of table.21

Individual Income Tax Returns, Prelimi.nary'Data, 1993Table l.--All Returns: Selected Income, Adjustments, Deductions, and Tax items, by Size of Adjusted IGross Income-Continued[AJI figures are estimates based on samples-money amounts are in bhousands of dollars]Size of adjustedgross IncomeNo adjusted gross income .................$1 under $5,000....................................$5,000 under $10,000...........................$10,000 under $15,000.........................$15,00D under $2D,000.........................$20,000 under $25,000.........................$25.000 under $30,000., ........... ..........$30,000 under $40.000$40,000 under $60,000 .........................$50,000 under $75,000 ..................$75.000 under $100,000........................$100,000 under $200,000..................$200.000 under $500,000.....................$500,000 under $1.000,000..................$1,000.000 or more ............................Size ot adjustedgross incomeNo adjusted gross Income .....................$1 under $5,000.....................................$5.000 under $10,000 .............................$10.000 under $15,000.........................$15,000 under $20,000 ....................$.20,000 under $25,000.....................$25,00D under $30,000 ....................$30,000 under $40,000 ...................$40,ODO under $50.OOD............... :$50,000 under $75,000.........................$75.000 under $100,000 .......................$100,000 under $200= .....................$200,000 under $500,000,....................$500,000 under $1,000,000..................$1,000.000 or more................... ...........Nontaxable returns ................. ...........Tootnotes at and of table.Business orprofession-ContinuedNet loss .Numberofreturns(17)~,762,252332,173161,787217.380248,922281,628263,426242.703537,197390.775.617,641231.334174,06749,4318,9904,8022,890,903-871,349Number--ofreturns(25)777,27837,11121,918.44,34938,88572,1.1456,82838,93389,05471.915117,67365,08573.92834,2696.396632,911144,367Net gainAmount(18)19,649,3215,095,477652,398949,6571,189,7861,245,6621.088,8621,042,2841,720,0741.142.4762,300,090932,4041,174,196541,409220,933353,611-11,668,2237,981,098Sales of propertyNumberOfreturns- (19)10,226,T74105.527482,409592,306836.288642,718637.379505,4601.102.538950,0201,791.933-1.006,2681,203,550429,91692,27048,190-9,248j179-978,595other than capital assets'"Ar_wunl___(26)469,46978,432115,477101.938211,319255,343174,872298,288294,106614,482402,944793,886457.214157,790~305,3303,939,716791,171Number--Of--returns127)900,72179,63931,96950,71346,94661.74745.72643,78469.63488.91696,681iO,256116.23767.82917.82612.816705,524195,197Selected sources of income or loss-ContinuedSales of capital assets .reported on Form 1040, Schedule DNet gainNet loss in admusted gross incomeNumberAmountofAmountreturns(20)138,T76,0913,174.567580,0811,257,2461,892,1862.232,1592,264,1692,277.3024,572,2086.084,46411,867,4669,201.63120,364,13119,242,79212,906,76541,858,928-132,T78,029-5,998,082(21)176,461204,767307,063242.899264,685252,075191.254,453.783320.61476,816385,419391.961143,73828,94412,325-3,478,337-687,366Selected sources of Income or loss-ContinuedTaxable IndividualNot lossAmount(28)7,655,5273,501,930112,971'184,704141,171174,982127,708137,556378,330357.078666.758261.696554,001479,900226,235350,5083,560,3184,095,211(22)7,995.BW415.308349,595573.579462,7775G4.166484.359361.171853.970551.9461,442.813762,191795,652331,73273,40632,9926iSIO.525--1,475,131Refirement ArrangementdistributionsNumberOfreturns(29)4,394,42027,075103,411389,430573,762.501,350437,919318,104517,008474,499647.518238,784168,18946.6627.6313.0793,835,653658,767-Ainourit(30)27,143,103254,819175,913894,0861,544.2051.937,0531,648,2151.644.5862,983,3542,644.6184,919,6773,142.4973,202,3871,3DO,906-411,043239.74525,348,7831,794,320Capital gaindistributionsreported on Form 1040NumberOfAmountreturnsJZ3J3,951,3709,989399,487299,318283,620261,653249,038240.545446.250457,449762,300318,061193,48927,8551,7915243,633,031318,338tN)Z6112,6693,442178,451152.198198,357137.166,215,T72117,724261,654298,376625,605286,733191,22839,7843,4602,818~2,4711;465-141,204Pensions a d annuitiesNumberreturns(31)18,665,923108.380'601,7882,042.0532,510.2252,169.0211,788.3601.222,7732.129,9611,714,7452,627,407.850,037695,980161,80429,50513,88315,606,4022,959,521TOAmount(32)274,910,0571,187,8882,416,76411,452,42620,151,73622,162,16421,784,42314.937.73329,786,67929,451.38553,391,51224,039,07626,132,44713,242.3952,839.3661.934,065257,218.117,691,91322

Individual Income Tax Returns, Preliminary Data, 1993Table 1.-All Returns: Selected Income, Adjustments, Deductions, and Tax Items, by Size of AdjustedGross Income-Continued[All figures are estimates based on samples-money amounts are in thousands of dollars]Selected sources of income or loss-ContinuedPensions and annuffies-Confinued Rent royalty Partnership and S CorporationIn adj usted Net Not loss NetSize of adjusted gross ome income in adlusted i ross income incomegross income Number Number Number Numberof Amount Of Amount of Amount of Amountreturns returns returns returns(33) (34) (35) (36) (37) (38) (39) (40)All returns ........................................ 17,562,936 195,501,911 5,303ABI 39,639,820 4,1145,569 25,778,561 3,236,261 1123,955,1107No adjusted gross income..................... 89.426 688,842 81,100 838,491 196.137 2,659,101 45,331 1.111,476$1 under $5,000.................................... 551,988 1,215,412 195.949 395,178 132.856 646,459 63,556 139,388$5,000 under $1 O.DOO........................... 2,004,394 9.380,304 474,250 1,319,715 216,924 959,064 135,686 616,826$10,000 under $15,000 ......................... 2,447,520 17,441,634 493,061 1,622.595 236.034 970,902 129.770 623.446$15,000 under $20.000 ......................... 2,107,345 18,766,623 389,983 1,555.134 287,775 1,213,958 164.054 825,864$20,000 under $25,000 ......................... 1,733,1129 19,358,929 361,131 1,484.275 272,408 1.094,955 148,914 1,033,230$25,000 under $30.000 ......................... 1,172,248 12,976,830 331.839 1,412,070 272,718 1,204,454 145,710 1.214,610$30,000 under $40,000 ......................... 1,9118.651 23,667,133 684,346 2,756,230 648,501 2,816,283 298,669 2.603,692$40,000 under $50,000 .................... 1,597.865 22,193,630 531,623 2,526,269 499,979 2.308,957 288,835 2,551,203$50,000 under $75,000 ......................... 2,368,386 36,573,301 807.766 5,418,582 958.914 5.349.519 575.544 7,394,073$75,000 under $100,000 ....................... 725,231 13,730,185 390.987 3,332,338 443.205 2,731,723 3D9,438 6,150,712$100.000 under $200,ODO..................... 608,056 13,708,751 415,670 6,275,468 390,230 2.586.776 552,857 21,313.094$200,000 under $500,000 ..................... 133.182 4,010,932 183,215 5,462,946 65,651 699.794 270,828 26,034,426$500.000 under $1,000.000 .................. 23,652 1,082,628 40.952 2,445,700 15.901 294,059 69.793 15.018,884$1,000,000 or more............................... 11,165 706,778 22,006 2,694.838 8,336 242,556 37,277 37,324,982Taxable returns................................... 14,823,798 162,662,297 4,413,694 36,217,872 3,970,741 20,441,539 2,953,278 121,540,W7Nontaxable returns.............................. 2,739,138 12,839,625 890,187 3,321,956 674,827 5,337,022 282,983 2,415,900Selected sources of Income or loss-ConfinuedPartnership andS Corporation-Continued Estate and trust Unemployment compensationSize of adjusted Not loss Not income Net lossgross income Number Number Number Numberof Amount Of Amount Of Amount Of Amountretur s returns returns returns(41) (42) (43) (44) (45) (46) (47) (48)All returns ........................................ 2,024,534 29,615,613 412,191 4,497,079 50,903 361,109 9,666,471 27,650,062No adjusted gross income ..................... 146,808 10,629,228 5,745 65,379 2,967 145,246 24,864 93,510$1 under $5,000 .................................... 72,986 392,772 20,487 39,496 -2,515 -4.577 357,918 589,125$5,000 under $10,000 ........................... 78,618 719,624 28,538 67,198 *3.463 '57 1,348,033 3,470,010$10,000 under $15,000 ......................... 93,322 480,300 30,185 109,313 -3,772 -2,567 1,460,464 4,041.723$15,000 under $20,000 ......................... 115,186 707,516 21."6 71.337 -4.189 '68,111 1,164,737 3,374,926$20,000 under $25,000 ......................... 110.660 6D3,878 26,223 72,548 -1,516 -7,465 937.393 2,826,227$25,000 under $30,OOD......................... 99,288 570,610 13,864 100,400 -1.149 -4,741 771,573 2,384,700$30,000 under $40,DOO......................... 182,100 1,110,145 52.583 178,372 1.239,364 3,606.865$40,000 under $50,000......................... 175,670 930,074 33,857 242.133 -3,415 -1,353 992,199 3,092.424$50.000 under $75,DOO......................... 326,289 2,297,436 52,205 441,194 6.673 32,632 1,022,611 3,074,235$75,000 under $100,000....................... 196,564 1,361,205 40,042 286,937 5,976 3,785 232,953 680,189$100,000 under $200,000..................... 256,713 2,852,849 49.357 637,371 10,474 31,820 103.992 363,716$200,000 under $500,000..................... 130,713 3,167,382 26,106 621,061 2,675 15,748 11,362 47,872$500,000 under $1,000,000.................. 26.250 1.430,603 7,108 390,748 997 5,094 789 3,469$1,ODO,000 or more............................... 13,370 2,372,094 4,446 1,173,602 825 37.544 228 1,072Taxable returns................................... 1,635,108 16,T71.355 377,589 4,375,461 39,771 146,675 7,350,834 21,915,509Nontaxable returns............................. 389A26 12,844.269 34,601 121,619 11,132 214,434 2,317,636 5,734,553Footnotes at end of table.23

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Individual Income Tax Returns, Preliminary Data, 1993Table 1.-All Returns: Selected Income, Adjustments, Deductions, and Tax Items, by Size of AdjustedGross Income-Continued(Ail figures are estimates based on samples--money amounts are In thousands of dollars)Selected statutory adjustments-ConfinuedSelf-employed Payments to I Basic standardhealth Insurance self-employed Alimony paid deductionSize of adjusted deduction retirement (Keoah) Plansgross income Number Number Number Numberof Amount Of Amount Of Amount Of Amountreturns returns returns returns(65) (66) (67) (68) (69) (70) (71) (72)All returns............................ 2,687,235 2,032,150 943,365 7,975,028 621,698 5,087,006 81,013,800 371."2.715No adjusted gross Income 37.638 29,378 1,424 6,669 9.166 100,196 -$1 , under $5,000........................ 93,911 44.835 -2,057 -6,607 -9,931 14,697,663 46.843,075$5 000 under $10,000 ............... 221,618 101.855 -7,527 34,169 145.699 14,159,997 62,192,129$10,000 under $15,000............*. 265,754 143.414 19.938 29,597 30,074 70.725 12,536,789 58.846,257$15,000 under $20,000............. 275,341 159.130 13,623 29,234 31,178 165.056 10,013,127 48,499.286$20,000 under $25,000 ............. 225,581 142,480 33.748 74.070 32,887 148.216 7,888,052 38.567,743$25,000 under $30,000 ............. 200,736 119.958 26.146 65,991 37,266 149,082 5,817,071 29,225.060$30,000 under $40,000 ............. 315,522 214,831 53,243 159.475 76,594 326.089 7.855,059 41,384.334$40,000 under $50.000 ............. 218,798 146.030 74,463 257,321 73,895 467.731 4,123,710 23.303.994$50,000 under $75,000 ............. 390,905 281,830 189.603 755,133 133,442 1,021.735 3,208,100 18,855,397$75,000 under $100.000 ........... 184,735 159,448 128.039 903,892 52,759 528,471 470.636 2,819,104$100,000 under SM,000 294,411 265.775 273,447 3,090,379 67.803 891,201 193,989 1.139,866$200.000 under $500,000 119,736 150.687 96,513 2,058,933 25.140 597,605 34.123 196,700$500,000 under $1,000,000 27,689 33,907 17.031 383.627 6,576 269,055 11,041 64,221$1,000,000 or more.................. 14.863 18,593 6,563 147,919 3,100 196,216 4,445 25,551Taxable returns ....................... 2,369,503 1,714AS9 921,329 7,922,11,1118 575,794 4,961.007 55,638,M 255,466,951Nontaxable returns .............. 517,733 317,691 22,037 52,420 45.914 225,999 25,375,023 116.495,764Selected Itemized deductionsAdditional standard deduction Total itemized deductions Medical andfor age or blindness after limitation dental expense Taxes paid deductionSize of adjusteddeductiongross income Number Number Number Numberof Amount Of Amount of Amount of Amountreturns returns returns returns(73) 74 (75) (76) (77) (78) (79) (80)All returns ............................ 10,580,819 11,26BAS832,61141,1192 480,355,160 5,408,223 25,932,255 32,155,955 167,111111,502No adjusted gross lru:ome - -$1 under $5,000........................ 860.185 864,122 168,8" 1,806,414 101,658 655.763 137,203 286.227$5,000 under $10.000............... 2,346,608 2,318,778 600.043 6,392,352 381,324 2,692.445 521,439 938.326$10,000 under $15,000............. 2.252.047 2.411,706 894,678 8,486248 527,683 2,748,352 818,160 1.478,874$16,000 under $20,000............. 1,543,567 1,704,735 1,376,854 1,392,401 689,374 3.653,716 1.295.331 2,425.799$20.000 under $25,000............. 1,086,917r.,.2,7A6201,572,033 14,650,874 581.686 2,102,433 1,540,822 3.278,913$25,000 under $30,000............. 539,061 590,276 1,967,435 18,7711.660 5".471 2,042.341 1.909.995 4.506,798$30,000 under $40,000............. 754,037 808,668 4,539.504 46,350,404 957,287 3,477.272 4,484,843 12.432,434$40,000 under $50,000............. 543,478 589,988 4,921,806 54.719.246 658,345 2,993.608 4.88111.3" 16.237,114$50.000 under $75,000............. 474,882 559.935 9,050,929 120,553,618 696,728 3,227,560 8,996,196 39.963,513$75.000 under $100.000........... 115,951 140,909 3,762,033 64,465,479 169,000 1,012,021 3.740.841 23.268,047$100,000 under $200,000 53,031 64,548 2,910,045 71,614.809 90.352 979,618 2,896,625 29,066RI4$2W,ODO under $500,000 8.058 8,972 739,1124 31,778.184 8,996 260,807 737,029 16.697.230$500,000 under $1,000,000 2,104 2.222, 128,935 10,658.230 1,047 65.192 128.150 6.722,947$1,000,000 or more .................. 894 990 61,186 16,735,230 215 21.127 60,974 10,578,364Taxable returns...................... 7,733,020 8,253,556 30,814,531 41,19,062oBOO 4,221,089 114,4960106 30,486,2" 163,692,526Nontaxable returns ................. 2,847,799 3,014,901 1,079,661 31,272,350 1,107,134 1111,435,111,119 1,669,671 4,188,976Footnotes at end of table.25

Individual Income Tax Returns, Preliminary Data'. - 1993wTable I.-All Returns: Selected Income, Adjustments, Deductions, and Tax Items, by Size of AdjustedGross IncomiL-Continued_JAJI figUnis'are estimates based on samples--money amounts are in thousands of dollars)'Size of adjustedgross incomeNo adjusted gross Income$1 under $5,000.........................$5,000 under $10,000 ...............~10,060 Linder $15,000 .............$15, under $20,000?90$20,000 under $25.000 .............$25,000 under $30.000 .............~0,006 under $40,006$40,000 under $50,000$60,000 under $75,000.............$75.ODD under $100,000$100,000 under $2DO,000$200,000 under $500,000$500,000 under $1,000,000$1,000,000 o more..................Taxable returns....................Size of adjustedgross incorneAll returns..........................No adjusted gross income$1 under $5,000........................$5,000 under $10,000.., ............$10,000 under $15,000.............$15,000 un ḋer $20,000.............$20,000 under $25.000.............$25,000 under $30,ODO.............$30,000 under $40,000.............$40.000 under $60.000.............$50.000 under $75.000$75,ODO under $1 00,ODO ..........$100,000 under $200,000$M,000 under $500,000$500,000 under $1.000,ODO$1,000,000 or more .............Taxable return&... . ..................Nontaxable retunne............... LFootnotes at end of table. -Interest paid deductionNumberOfreturns(81)27,359,989105.191332.581562.117.927.3601,220,9041,669.&983,765,0414,231,790.8,068,9093,292.724Z515,525*617,347.103,46947.37426,039,7951,320,194Amount(82)194,975,693655.7631.9D9.O5526163184:690:3iO6.153,5177,940.55820,718.55824',282.17253,401,58327.268,70428.648.40110,971,7502,856,2702,862,672164,383,46110,592,MSelected itemized deductions--ContdGambling loss andother miscellaneousdeductionsNumberof(89)729,192-3.18711.12521.12136,51032,80641,130102,539101,655.182,71977.37785,85423,0344,6612.473686,03943,154AmountP-012,717,704'.12.9ill33.66979,32371.82197,739122,150268,823190,24852.7.546258,894656,824229,50151.087217,1502,516,334201,369Contributions deductionNumberofreturns'(83)29,.717,M111,566405,454700.6381,135.7141,325,8041,678,8354.056,5264,475,6158.498,9483,622,4992,803,677716.727125.55059.71928,366,4131,350,wsSelected Itemized deductions--ContinuedAmount(84)07,166,M54.865405,751897.7991.4T7.9991,785,8682,264,0165,616,2426.898 76314,783,393 '8,399,0799,607.0415,882,3262,590,T716,502,38365,258,0361,908,259Itemized deductions inNumberat__returns__3,288,071excess of limitation61.93019.6972,277,622739,612128,85061,1603,285,4313,440Amount(92)12,408,28115,67419,5922,131,0684,038,2642.149,8784,063,80412,399.9048,378Moving expense deductionNumberOfreturns(85)804,919-2,197-14,84119,92625.43830.370100.302100,838218,547133,917121,50228,1772,555963M,T7626,194NumberOf-exempfions-(93)=,975AIB1,676,28512,691,96222,162,45724,161,54122,434,19844,402,29317.148.17129.2T7.38824,047.94135,854.50112,521,1749.178,2702.320.767405.357179.783176,021,M56,953,423ExemptionsAmount(86)3,896.881-4.507.18.019*64.60462,32167,15259.303310,758383,886902,813.766,8179i4,201305,61429.19117.6963,878,645109,336Amount(94)540,683,2623.918,11129.745,57251,991.49756,714,75952.667.60718,915,42240.252,45368,754.50056.488,60884.218,65029,406.33020,879,2791,243=5446407,076,063133,607,199Not miscellaneousdeductions afterlimitationNu.~r ~OfAmountreturns'(87)7,717.2M59.S21145,165212.546362,039394,418525,3561,220,3741,167,2902,019,753854,440611.099123.10615,4126.7337,226,709490,542NumberOf(95)90,886,4353,581.047,254,99010,526,69310,633,5129.304,3657,675,81312,344,4129.022,78812.234,3894,227,7763,101.145773,268139,87265.58086,448,2214,438,214Taxable incomeotal(88)27,87P,988118.806321.464552,780951,1141,114,6591,617,3053,310.9013,508,8056,924.020.3,369,9263,732,91151,342,102433,554578,56926,368,5451,506,443Amount(96)2,450,345,8382,076,23015,857.19549,441,49985,106.547114.019.463124,483,347273,725.564269.SW.825518,290,98926,681,909313,819,811191.926.32182,769,328.145,646,8122,437,950,&9612,i94,98226

Individual Income Tax Returns, Preliminary Data, 1993Table I.--All Returns: Selected Income, Adjustments, Deductions, and Tax Items, by Size of AdjustedGross Income-Continued(AD figures are estimates based on samples-money amounts are In thousands of dollars]Taxable income-ContinuedSchedule D gain Income tax Totaltax Income taxsubjectbefore credits credits after creditsSize of adjusted28 peroanttax togross Income Number Number Number NumberOf Amount Of Amount Of Amount at Amountreturns returns returns returns(97) (98) (99) (100) (101) (102) (103) (11 134)All returns........... ............... 1,706,034 79,365,350 90,802,862 507,348,043 13,160,121 7,922,341 86,462,394 499,425,702No adjusted gross income - - 1,910 1,706 272 27 I'm 1,879$1 under $5,000........................ - - 3,502,597 356,856 43,221 2.970 3,495,804 353.886$5,DOO under $10,000............... - - 7,257,039 2,453.874 160,254 18,396 7,138,822 2,435.480$10,000 under $15.ODO............. - - 10,519,741 7,474,014 2,197546 676,805 8,444,048 6,797,210$15,000 under $20,000............. - - 10.631,834 12,780,099 3,101,759 1,711.869 8,706.316 11,068,233$20,000 under $25,000............. - - 9,303.226 17.149,701 1,825,323 660,590 9,141,703 16,489.111$25.000 under $30,000............. - - 7.676.858 18,812,677 609,236 280,215 7,660.572 18,532,462$30,000 under $40.000............. - - 12,344,786 43,803.358 1,075,802 418,952 12,331,045 43,384.407$40,000 under $50.000............. - - 9,022,788 43,929,218 1.033.214 484,531 9,011.968 43,444,688$50.000 under $75,000............. 112,237 1,042,OT7 12,234,389 92.158.098 1.676.517 904.548 12,225,763 91,253.550$75,000 under $I OO,ODO ........... 131,162 1.403.708 4,227,776 64,672,031 642,769 399,488 4.227,187 54.172.546$100.000 under $200,000 913,345 13,836,797 3,101,196 75,628,837 528,408 609,128 3.099,391 75,019,709$2W.000 under $500,000 417,698 15,917.965 773,270 57,894.032 205,895 606,670 7-72.960 67,287,361$500.000 under $1,000,000.; 86,244 10,814,445 139,873 28,409,168 49,679 354,070 139,636 28.055,098$1,000,ODO or more.................. 45,349 36,350.358 65,580 51,924,373 30,227 794,085 65,562 51,130,288Taxable returns ..................... 1,705,618 79,322,480 88A67,939 505,467,028 8,845,097 6,041,326 SBA62,394 499A25,702Nontaxable returns................. 416 42,671 4,335,024 1,881,015 4,335,024 1.681,015Size of adjustedAlternative Total Total tax Deferral ofminimum tax income tax 2 Ilabitfty 3 additional taxgross income Number Number Number NumberOf Amount Of Amount Of Amount Of Amountreturns returns returns returns(105) (106) (107) (108) (110) (111) (112)All returns........................... 323,381 1,751 A38 86A75,527 501,11T7,140 88,742.215 rv~ ,524,755,024 640,679 8,356.870No adjusted gross income 2,537 30,797 4,123 32A76 119,240206,934 - -$1 under $5,000 ........................ 16,218 1,568 3,495,823 355,452r4,227.894 681,952 -1,256 *103$5,000 under $10,000 ............... *5.095 -3,325 7.139,024 2.438,804 7,686,282 3.253,777 -1.256 *127$10.000 under $15,000............. 8,444,116 6,8W,249 8,812,780 7,816A611 - -$15,000 under $20,000............. 8,706,622 11,069,099 9,053.288 12.424.879 - -$20.000 under $25,000............. -1,297 9,141,724 16,492,396 9.22D,248 17,854,439 - -$25.000 under $30.000 ............. 307 903 7,660,600 18,533,365 7,701,314 19,846,741 - -$30.0DO under $40,000 ............. 2,508 4,315 12,331,104 43,388,721 12,351,174 45,971.109. - -$40.000 under $50,000 ............. 5,039 8,726 9,013,915 43,453,414 9.018.425 45,664,031 - -$50.000 under $75.000 ............. 34,648 64.322 12,229,430 91,317,872 12,240.558 95.712,524 - -$75,000 under $100,000........... 49,019 114,101 4.229,840 54,286.647 4.231.234 56,797,104 *6,450$100,000 under $200,13DO 101,186 351,325. 3.100.363 75,371,034 3,100,738 79,247,131 93,528 74,163$200,ODD under $500,0DO 79,129 568,002 773,332 57.855.363 773,499 59,153,941 392,851 1,710,586$500,000 under $1,000,000 16,534 260,715 139,895 28.315.813 139.916 28,533,022 95,857 1,974,167$1,000.000 or more .................. 6,920 336,148 65,618 51.466.436 65,623 51,591,178 49,480 4,595,687Taxable returns....................... 323,381 1,751A38 86,475,527 5011,11 T7,1140 BOA75.527 522,726,518 640,679 8,358,870Nontaxable returns................. 2,266,688 2,028,506'Not included in adjusted gross income.2TotaI income tax represents Income tax after credits (including the earned Income credit), plus alternative minimum tax.3TotaI tax liability represents Income tax after credits (Including the earned Income credit), plus alternative minimum tax, plus any other additional taxes, e.g., saill-employment taxand penalty tax on Individual Retirement Arrangements (IRA's).*Estimate should be used with caution because of the small number of sample returns on which it Is based.NOTE: Detail may not add to totals because of rounding.I27

Foreign'Recipients of U.S. Income,'I 992by Denise S. Freitesnited States-source income paid to "foreign persons"in 1992 totaled $77.5 billion, a net increaseof 10.5 percent or $7.3 billion-over 1991. Accordingly,the $2.0 billion in U.S. tax withheld by domesticagents on this income was 9.2 percent more than that for1991. Payments to Japanese persons increased by 9.6percent to $21.8 billion, making them the largest recipient'group for 1992 U.S.-source income. Payments to UnitedKingdom persons, the second largest recipient group,increased by 11.3 percent, to $15..2 billion. Together,these two countries accounted for almost half of theincome paid to foreign recipients.BackgroundU.S.-source income of nonresident alien individuals andother foreign persons is reported on Form 1042S, ForeignPersons' U.S.-Source Income Subject to Withholding.This income is subject to a flat, statutory tax rate of 30percent. However, this income may be taxed at a lower-rate-or not-taxed at-all-bymay of a-tax-treaty or statutory.exemption (see Table I for amount of income exemptfrom taxation). The income covered by this article'includes, but is not limited to, certain interest, dividends,compensation for personal services, rents and royalties,-retirement payments,-and-capital gains.- Income-that-is -_ - - -"effectively, connected" with a U.S. trade or business (see"Income Effectively Connected with a U.S. Trade orBusiness" in the Explanation oiSelected Terms section),or is bank deposit interest, is not subject to withholdingand is generally not reported on Form 1042S.Even though certain income is exempt from U.S. taxationunder a tax treaty between the person's country ofresidence and the United States, or under a U.S. statutoryexemption (such as foi portfolio interest), it is neverthelessreported on Forml 1042S. Portfolio interest is generallyany interest other than interest on a bank loan or a.loan between related persons. According to section 871(i)of the Internal Revenue Code, bank deposit interest isexempt from' withholding. The reductions or exemptions,ffom~U.S. tax Vary under each treaty. Xforeign payeemay claim an exemption or reduced tax rate on interest orroyalties by filing Form 1001, Ownership, Exemption, orReduced Rate Certificate... U.S. individuals or businesses distributing U.S.-sourceincome to foreign persons are required to withhold taxeson this income (except where statutory or treaty exemptiongapply), or to appoint a withholding'agent (normally afinancial institution) to do so. A payer or designatedDenise S. Freites is an economist with the ForeignReturns Analysis Section. This article was prepared 'under the direction ofChris Carson, Chief.agent is fully liable for all taxes owed by a recipient andalso reports the income paid to each recipient on a Form1042S. Without'this withholding requirement therewouldbe no way to enforce ' taxpayer compliance because foreignrecipients are not required to file U.S. tax returns to reportthis income."Data HighlighbTotal U.S.-source income payments to foreign persons asreported on Form 1042S increased by $7.3 billion to $77.5billion between 1991 and 1992. Interest ($49.1 billion for1992) accounted for $1.9 billion of this increase. Dividends($13.7 billion for 1992) accounted for $2.1 billionof the increase. In addition to interest and dividends; totalpayments are comprised of capital gains, royalties, rents,*pensions and annuities, scholarship or fellowship compensations,compensations for personal services, socialsecurity and railroad retirement payments, real estatedistributions, and miscellaneous income. The last income-category is-used-to-report U.S.-source-fixed or determinableannual income that is not reportable under any of theother income categories. Examples of such income arecommissions, insurance proceeds, prizes, and racingpurses. Miscellaneous income, as shown in the statistics,also-includes income that taxpayers do not-spcificallyclassify as being one type or another.For 1992, the total n.umber.of Forms 1042S rose 1376percent to 1,373,430. The average payment decreased to$56,440, down 2.8 percent from 1991. The average U.S.tax withheld per payment, not including tax withheld byforeign governments and foreign withholding agents (seeData Sources and Limitations), decreased by 3.9 percentto $1,474. For 1992, the average or effective withholdingrate (tax withheld as a percentage of total U.S.-sourceincome paid) remained stable at 2.6 percent. However,the effective withholding rate on the $17.6 billion ofincome subject to withholding tax was 11.5 percent,substantially less than the 30 percent statutory rate. Reasonsfor. this, are discussed. in the Taxes Withheld section.Tax TreatiesThe United States participated in tax treaties in 1992 with50 of its trading partners (Table 1). It should be noted thatthe U.S. income tax treaty with the former U.S.S.R.remains in effect with members of the.Commonwealth ofIndependent States (C.I.S.). That treaty will remain ineffect until new treaties with individual C.I.S. membersare negotiated and ratified. C.I.S. members are Artnenia,Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova,Russia, TaJikistan, Turkmenistan, Ukraine, andUzbekistan [1]. Thus, in the statistics for previous years

Foreign Recipients of U.S. Income, 1992the U.S.S.R. is included in the treaty country total [2]; inthe 1992 data, the individual C.I.S. members are includedinstead of the U.S.S.R. as a whole.For 1992, persons in treaty countries received 87.1percent of total U.S.-source income payments to foreignpersons, while accounting for 81.5 percent of the totalU.S. tax withheld on these payments. The only two nontreatycountries which received amounts of U.S.-sourceincome over $1 billion were Bermuda and the CaymanIslands (Table 2) [3]. A comparison of income, U.S. taxwithheld, and effective U.S. tax rates for treaty and nontreatycountry recipients for 1992 is given (Figure A).Figure ATotal U.S.-Source Income, U.S. Tax Withheld, andEffective U.S. Tax Rates for Treaty and NontreatyCountries, 1992[Money amounts are In millions of dollars)Effective U.S.Treaty Total U.S.- U.S. tax tax ratestatus source income withheld' (col. 21 col. 1)(percent)(1) (0) (3)All countries................... 77,516 2,025 2.6Tax treaty countries............. 67,550 1,636 2.4Non-tax treaty countries. .....1 9,966 1 389 1 3.9I Excludes small amounts of tax withheld by foreign governments and withholdingagents.Types of IncomeFor 1992, interest payments reported on the 1042S, whichexcludes bank deposit interest, increased by 3.9 percent to$49.1 billion, accounting for 63.3 percent of the totalU.S.-source income paid to foreign persons. For ' 1991,interest comprised 67.3 percent of total U.S.-sourceincome and amounted to $47.2 billion. Dividends, thesecond largest type of payment, increased by 18.3 percentto $13.7 billion. Dividends comprised 17.6 percent of thetotal U.S.-source income in 1992 and 16.0 percent in1991. Compensation for personal services decreased by66.1 percent to approximately $0.6 billion, while capitalgains increased by 280.5 percent from $0.08 billion to$0.3 billion. Miscellaneous income, which doubledbetween 1989 and 199 1, rose by 85.2 percent in 1992 to atotal of almost $7.9 billion. Income and tax informationfor the different types of income in 1992 are detailed(Figure B).Types of RecipientsForeign corporations received 74.0 percent of the U.S.-source income paid in 1992, while accounting for 69.5percent of the U.S. tax withheld. U.S.-source income paidto foreign corporations totaled $57.4 billion, a $3.9 billionFigure BTotal U.S.-Source Income and U.S. Tax Withheld, by Typeof Income, 1992[Money amounts are in millions of dollars]IncometypeTotalU.S.-sourceincomeU.S. taxwithheld'PercentageOf U.S.taxwithheldEffective U.S.tax rate(col. 2 / col. 1)(percent)(1) (2) (3) (4)All Income types............. 77,516 2,025 100.0 2.6Interest................................. 49,089 287 14.2 0.6Dividends............................. 13,673 1,353 66.8 9.9To foreign parents............. 6,563 367 18.1 5.6Other................................. 7,110 986 48.7 13.9Rents and royalties.............. 4,421 160 7.9 3.6Social security andrailroad retirementpayments......................... 1,033 82 4.0 7.9Compensation forpersonal services ............. 559 41 2.0 7.3Capital gains........................ 293 1 IF) (1)Pensions and annuities 185 11 0.5 5.9Scholarships andfellowships ....................... 322 14 0.7 4.3Real estate distributions 56 16 0.8 28.6Miscellaneous...................... 1 7,885 60 3.0 0.8'Excludes small amounts of U.S. tax withheld by foreign governments and vAthholdingagents.21-ess than 0.05 percent.NOTE: Detail may not add to totals because of rounding.increase from 1991 (Table 2). Percentages of total incomeand U.S.-tax withheld by type 6f recipient are presented(Figure Q.Tax withheld on corporations is low in comparison tothe income earned by those corporations (69.5 versus 74.0percent of the totals for all recipients) because 75.8 percentof the income distributed to corporations was exemptfrom U.S. taxation, principally due to various tax treatiesinvolving interest income, which made up-62.5 percent ofthe income distributed. Thus, only 1.4 percent of theincome distributed to corporations was taxed at the maximumrate of 30 percent. In addition, "direct investmentdividends" (i.e., those dividends paid to a foreign parentcompany by a U.S. subsidiary) were subject to a lowertax rate under most tax treaties than were portfolio dividends.Individuals, in contrast to corporations, show a higherpercentage of total taxes withheld relative to total income(Figure Q. Just 59.6 percent of the income distributed toindividuals was exempt from U.S. taxation and 24.8percent of this income was taxed at the maximum rate of30 percent. Moreover, individuals received 41.2 percentof their income in the form of retirement benefits anddividends, two of the income types taxed at the highesteffective rates, and that generally receive limited or notreaty benefits. 29

Foreign Recipients of U.S. Income, 1992Figure CTotal U.S.-Source Income and U.S. Tax Withheld, by Type of Recipient, 1992Total U.S.-Source IncomeIndividuals5.1%All other11.2%$T7.5BillionNominees and'fiduciaries7.0%ITotal U.S. Tax Withheld I _j'Excludes*small amounts of, U.S. taxw'ithheld by foreign g6vemments and withholding agents.

Foreign Recipients of U.S. Income, 1992Foreign governmental organizations received $2,080.0million in U.S.-source income during 1992, but less than$2.4 million in taxes was withheld on this income. Thiswas because income paid to these organizations waslargely exempt from U.S. taxation. Most income receivedby these governmental organizations was in theform of interest (75.0 percent). The countries whosegovernmental organizations received the most incomeand accounted for the most U.S. tax withheld, respectively,are shown (Figures D and E).Figure 0U.S.-Source Income and U.S. Tax Withheld for CountriesWhose Governments Received the Most U.S.-SourceIncome, 1992[Money amounts are in thousands of dollars]Selected countryor geographicareaAll countries I ..................United Kingdom....................Singapore ..............................Spain .....................................United Arab Emirates............Saudi Arabia.........................Kuwait...................................Brunei....................................'Includes countries not shown separately.Figure E2,079,954490,196369,071288,434246,72793,98687,18379,084U.S.taxwithheld2,375U.S.-Source Income and U.S. Tax Withheld for CountriesWhose Governments Had the Most U.S. Tax Withheld,1992(Money amounts are in thousands of dollars]Selected countryor geographicareaAll countries 1Kuwait.........................Germany.....................Bahamas....................British Virgin Islands...2,079,95487,18329,8081,145215I Includes countries not shown separately.U.S.-source incomereceived by foreigngovernment organizationsU.S.-source incomereceived by foreigngovernment organizationsU.S.taxwithheld2,3752,178502928Countiries of RecipientsFor 1992, there were 13'countries whose residentsreceived total payments of more than $1 billion each.These countries were Australia, Belgium, Bermuda,Canada, Cayman Islands, France, Germany, Japan,Netherlands, Netherlands Antilles, Sweden, Switzerland,and the United Kingdom. Payments to these countriesrepresented 84.8 percent of the total U.S.-source incomereported on Form 1042S and 77.8 percent of the total U.S.taxes withheld.For 1992, Japan received more U.S.-source income thanany other country. Payments to Japanese residents increasedby 9.6 percent from 1991 to a total 4 $21.8 billion.Most of this income, $15.8 billion, was interest paidto corporations. Japan accounted for more than 28.1percent of the total income paid to foreign recipients.The United Kingdom, the second largest recipient ofU.S.-source income, experienced an increase in U.S.-source income of 11.3 percent. In 1992, more than $15.2billion in income was paid to recipients in the UnitedKingdom ($11.0 billion was paid to corporations), $8.5billion of which was interest.Taxes WfthheldFor 1992, the U.S. tax withheld amounted to approximately$2.0 billion on U.S.-source income of $77.5billion. This translates to an effective tax rate of 2.6percent. The overall effective tax rate was much lowerthan the statutory U.S. withholding rate of 30 percent for anumber of reasons, some of which have previously beenmentioned:Etax treaties allow for lower tax rates or exemptions oncertain types of payments made to residents of treatycountries;0 under a statutory exemption, U.S.-source income paidto foreign governmental organizations is generally nottaxed (although it must still be reported on Form1042S);• most U.S.-source income paid to foreign privatefoundations is taxed at a 4 percent rate;• the effective tax rate for social security and railroadretirement * benefit payments was 15 percent in 1992because only half of these payments is subject to thefull 30 percent statutory withholding rate (the otherhalf is not subject to the withholding); and• the Tax Reform Act of 1984 rescinded the withholdingtax on portfolio interest which represents most interestincome. However, this interest income (except bankdeposit interest and interest that is effectively connectedwith a trade or business) must still be reportedon Form 1042S.These factors result in considerable variation amongcountries (as well as among types of recipients and typesof income paid) in terms of the effective U.S. withholdingrate.31

Foreign Recipients of U.S. Income, 199232Of the $77.5 billion of total U.S.-source income reportedon Form 1042S, 77.4 percent (or $59.9 billion) wasexempt from taxation. Because of tax treaties, only $2.1billion of the $17.5 billion of income subject to taxationwas taxed at the 30 percent statutory rate. This was just2.7 percent of the total U.S.- source income.Approximately 69.5 percent of the total U.S. tax withheldon foreign recipients was for income paid to corporations,compared to 13.6 percent for individuals and 7.5percent for nominees and fiduciaries. About 68.4 percentof taxes withheld for corporations was for dividendpayments. Of the $1.4 billion in U.S. tax withheld onincome paid to corporations, more than half was accountedfor by Japan ($0.5 billion) and the United Kingdom($0.4 billion).For 1992, about $276 million in U.S. tax withheld wason income paid to foreign individuals. Recipients inMexico, Canada, and Saudi Arabia accounted for moreU.S. taxes than persons in other countries. Taxes withheldon individuals in Mexico totaled $36.6 milljon,_Approxi~mately $27.7 million of that amount was withheld onsocial security benefits, although only half of the amountspaid were subject to withholding. Of the $28.6 million intax withheld on Canadian individuals, $9.2 million was ondividends. Of the $21.0 million withheld on Saudi Arabianindividuals, $20.7 million was for dividends.U.S. taxes withheld on foreign governmental organizationstotaled almost $2.4 million. The effective tax ratefor these, organizations was approximately 0. 1 percent,reflecting the fact that organizations of this type weregenerally exempt from tax under the Internal RevenueCode. Governmental organizations in Kuwait had thelargest amount of U.S. tax withheld, almost $2.2 million.The effective tax rate for payments to governmentalorganizations in Kuwait was 2.5 percent. The CaymanIslands, Croatia, Cuba, Czechoslovakia, and Ecuador (allnontreaty countries) were the only countries for whichU.S. tax withheld on payments to governmental organizationswas computed at the maximum 30 percent rate.SummaryU.S.-source income paid to foreign recipients totaled$77.5 billion in 1992. U.S. tax withheld on this incomeamounted to over than $2.0 billion. Recipients in Japanand United Kingdom accounted for almost 50 percent ofU.S. income paid foreign persons.Foreign corporations received more income (nearly$57.4 billion) and had more U.S. tax withheld ($1.4billion) than all other recipient types combined. , Interestpayments accounted for 63.3 percent of all income distributed,while tax on dividends accounted for 66.8 percent ofthe total U.S. tax withheld., .Dab Sounm and LimitationsPayers (or their authorized withholding agents) of mostU.S.-source income to foreign persons must withhold taxin accordance with the Internal Revenue Code. Form1042S, Foreign Persons' U.S.-Source Income Subject toWithholding, is filed by the payer to report this incomeand the U.S. tax withheld. Often a financial institutionacts as the payer's withholding agent.The statistics in this article were tabulated by calendaryear, using all Forms 1042§ ' filed with the Internal RevenueService for 1992. The data reflect the income tha twas paid-and the U.S. tax that was,withheld in 1992,except for U.S. tax withheld by foreign governmentalorganizations and their withholding agents. In a fewcountries,under treaty provisions, tax is withheld byforeign governmental organizations (or other authorizedentities) for income paid to foreign nominees and fiduciariesif the ultimate recipient is unknown or is not a residentof a treaty country. The purpose of such tax withholdingis to prevent persons in nontreaty countries fromreaping treaty benefits by indirectly channelling theirincome through a treaty country. When the ultimaterecipient is not entitled to the treaty benefits, the foreign-governmental organization (or withholding agent) remitsthe tax withheld back to the United States. This additionaltax, therefore, is not generally attributable to specificincome years. For this reason, the statistics in Tables Iand 2 do not include tax withheld by foreign governmentalorganizations and foreign withholding agents (exceptfor Canada, which. remits its tax payments during the samecalendar year in which the U.S. income is pai d and whichis, therefore, treated as if it were a domestic withholdingagent for purposes of these statistics). The taxes receivedduring 1992 from foreign governmental organizations areshown (Figure F). Because all Forms 1042S were usedFigure FU.S. Tax Withheld by Foreign Governments andWithholding Agents, 1992[Money amounts are in thousands of dollars]CountryTotal...........................................................Tax treaty countries, total...............................Austria.......................... : ............................Belgium .....................................................Denmark...................................................France.......................................................Luxembourg............................................ 7Netherlands...............................................Switzerland ...............................................United Kingdom .........................................Non-tax treaty countfles.................................Tax withheld75,69075,6902184,671136464,58495262,7741,832

Foreign Recipients of U.S. Income, 1992for the statistics, the data are not subject to sampling error.However, the data are subject to nonsampling error, suchas computer data entry errors and minor taxpayer reportingeffors. A limited computerized program was used totest the data for certain basic numerical relationships,including the calculation of the correct tax withheld, butthe possibility of error was not completely eliminated. Inaddition, Forms 1042S with income greater than $2million were manually verified.Explanation of Selected TennsForeign Persons.-- For purposes of this article, foreignpersons include: (a) individuals whose residence is notwithin the United States and who are not U.S. citizens(i.e., nonresident aliens); and (b) corporations and otherorganizations (including partnerships, private foundations,estates, and trusts) created or organized outside the UnitedStates. Also, for purposes of this article, persons residingin Puerto Rico and U.S. possessions are considered foreignpersons.Income Effectively Connected with a U.S. Trade orBusiness.-- Income that is "effectively connected" with aU.S. trade or business is exempt from the withholding taxrequirements. This income is taxed at the ordinary graduatedU.S. rates, in the same manner as any other incomepaid to U.S. citizens and residents. Foreign corporationsmust report such income on a Form 1120F, U.S. TaxReturn ofa Foreign Corporation and individuals on aForm 104ONR, U.S. Nonresident Alien Income Tax Return.Effectively connected income may be erroneouslyreported on Forms 1042S, but the extent of its inclusion inthe statistics is believed to be insignificant, althoughunknown.Nominee and Fiduciary. -- An entity chosen or appointedto accept income for the beneficial owner. Typically,a financial institution acts as a nominee or fiduciary.A nominee differs from a fiduciary in that a nominee haslittle or no freedom to exercise judgment or control overincome received.Withholding Agent.-- A withholding agent is any personor entity required to withhold taxes. Usually the withholdingagent is the payer of the income or an entity(normally a financial institution) acting on behalf of thepayer.Notes and Refemnces[1] U.S. Department of the Treasury, Internal RevenueService, U.S. Tax Treaties (Revised November1992), Publication 901.[21 For 1991 data on the U.S.S.R. , see Bori, Denise.,"Foreign Recipients of U.S. Income, 1991," StatisticsofIncome Bulletin, Spring 1994, Volume 14,Number 1.[31 Bermuda has a limited treaty but it is not relevant forthe purposes of this article.33

Foreign Recipients of U.S. Incomie, 1992.Table I.-Forms 1042S: Number of Returns, Total U.S.-Source Income, and U.S.Tax Withheld, Tax Treatyd6u'ntries and Total Non-Tax Treaty CountriesIMoney amounts are in thousands of douars]Country orgeographic areaTotal ...........................................................................Number ofof Forms1042SM1,373,430Total(2)77,515,771U.S.-source incomeExempt fromU.S. taxwithholding(3)'59,966,306Subject toU.S. taxwithholding(4)17,555,465U.S.taxwithheld(5)2,024,814TaxTireaty countries, total .............. :***-***-*****--1-Armenia.....................................................................Australia......................................................... ..........Austria....................Azerbaijan............ * ....... ***** ......Barbados...................................................................Belarus......................................................................Belgium.....................................................................Canada .....................................................China.: ............................................................... - **-.... ....... **Cyprus .......................................................................Denmark ....................................................................Egypt............... ............................................................Finland.......................................................................France.................. .....................................................Germany ..................... .....................................Greece........................................................................Hungary .....................................................................Iceland .......................................................................India..........................................................................Indonesia .........................Ireland .......................................................................Italy ... ! .. ....... ................. .Jamaica .......................................................... :..........Japan..... ...................................................................Kazakhstan ........ .......................................................Kyrgyzstan .................................................................Luxembourg ............................. :................................Malta... ; ......................................................................Moldova.....................................................................Morocco-—Netherlands .......... ** :....................................................**.... *.... **"*"** * * ......-Netherlands Antilles...................................................New Zealand.....Norway........................ ......Pakistan ..................................................................... * --- .....Philippines .........Poland ................. ----....... .......Romania .................Russia .....................South Korea .....Spain ....................... Ị .................................................Sweden.....................................................................Switzerland ................................................................Tajikistan ...................................................................Trinidad and Tobago .................................................Tunisia .......................................................................Turkmenistan.............................................................Ukraine..............United Kingdom.........................................................- **'*"*Uzbekistan .......................................................... ......Non-Tax Treaty countries, total ...................................99i,63911316,9817,08671,0322113,104330,18117,8071,0803,8402,5432,127,26,314116,64516,7131,2043246,5142,1749,495_30,11 73,2,862 -137,03615,33,M746691015,3894,2it3,6988,2973,92124,1645,2094252,3884,76612,6819,07028,63251,50629125105114,4861337i,791I Excludes small amounts of U.S. tax withheld by foreign governments and withholding agents2 Less than $500.NOTE: Detail may not add to totals because of rounding67,549,5064,0241,332,903243,7694368,226~2,04~1,369,0664,590,212187,56110,478342,29314,886185,6765,199,5823,339,50975,9607,402.1,44642,331i48,868570,201_754,21913,2ii211,756,91M12617875,1995,3985614,6344,487,9271,455,69430,833136,90121,427110,16525,358~50321,747148,740:504,6591,136,894,3,185,418134,7711,41 ~6466815,217,953619,966,M511,583,26~3,9601.162,170209,937221,9861,242,2663,516,726175,5388,743249.884i 2.327167.2943,870,6612,628,33232.5N - -5,055~ 61326,89443,970523,882_598,0353,36117,028,55317743.786.2,026;40114,1~183,189,7931,358,58415,982116,09513,50937; 11311,5982,18818,541140,641445,112839,8801,993,118121,544,1,1503753411,071,459438,3T7,02415,966,224.64170,73333,83~2114,71356126,8001,073,486 112,0231,73592,4092,~59-18,3821.329,021.711.17743,37i2,34783315,4374,89846,319_1156,184-_9,8514,728,402131,4133,372194661,298,13497,11014,85120,806.7,91873,05213,760-3153,2078,09959,547297,0141,192,360.- 13,227263271344,146,494171,589,2411,635,532.1322,5215,17121617,610.156,0511,356- ~277,4594491,398..90,165_60787,0142641222,3777837,9181.503513,851433,209177102,98428,6691,982.3,25253311,7631,9486951,1929,68124,0991125,929(2)~54334425358,9312389,262

Foreign Recipients of U.S. Income, 1992Table 2.-Forms 1042S: Number of Returns, U.S. Tax Withheld, and U.S.-Source Income, by Principal Types ofIncome, Selected Recipient Types, and Country of Recipient[Money amounts are In thousands of dollareiSelected country orTotalPrincipal types of U.S.-source Incomegeographic area and Number of U.S. tax U.S.-source Rents Social security Personalselected recipient type Forms 1042S withheld income Interest Dividends and and railroad retire- servicesroyalties ment payments Income(1) (2) (3) (4) (5) (6) (7) (8)All countries, total .... 1,373,430 2,024,814 77,515,771 49,088,944 13,672,825 4,421,163 1,032,844 568,592Individuals............. 1,130,894 275,743 3,943,931 1,195,394 590,572 161,496 1,032,844 314,028Corporations .......... 102,777 1,408,092 57,382,406 35,859,759 10,460,054 4,059,496 - 158,992Argentina ......................... 15,702 5,002 44,569 22.273 7,703 878 5,709 1,893Individuals .................... 11,205 3,229 30,500 14,003 4,799 225 5,709 1,049Corporations................ 250 868 6,841 4,590 917 609 - -Australia........................... 16,981 22,521 1,332,903 397,274 99,780 35,850 6,026 16,247Individuals .................... 13,946 3,270 37,175 1,989 4,917 3,317 6,026 13,660Corporations................ 1,526 7,715 1,079,989 279,143 22,428 31,348 - 680Austria............................. 7,086 5,171 243,769 181,894 21,695 3,691 3,912 3,038Individuals .................... 3,992 1,376 13,924 1,249 1,689 316 3,912 1,683Corporations ................ 1,996 2,874 154,896 112,493 15,155 2,989 9Bahamas......................... 6,116 24,789 456,942 360,556 83,327 1,390 762 418Individuals .................... 2,189 1,954 22,039 11,353 4,903 331 762 374Corporations ................ 2,908 18,811 370,816 301,155 63,615 1,005 18Bahrain............................ 844 1,615 1 OD,6`1 1 91,798 7,691 6 8 34Individuals .................... 600 128 866 348 415 6 8 28Corporations ................ 169 805 56,758 54,152 2,250 (2)Barbados ......................... 1,032 2,203 68,226 54,972 11,024 36 1,529 16Individuals .................... 788 258 2,406 211 147 35 1,529 12Corporations ............... ; 136 1,866 34,586 23,991 10,581 2Belgium............................ 13,104 17,610 1,369,066 965,764 229,727 49,805 2,673 4,406Individuals .................... 11,047 2,067 21,386 2,848 5,006 1,849 2,673 3,112Corporations ................ 809 13,052 524.715 162,312 208,665 47,325 477Bermuda.......................... 3,960 31,862 1,276,238 1,096,955 124,662 8,264 583 239Individuals .................... 1,482 585 13,571 6,142 1,328 263 583 201Corporations ................ 1,246 24,401 851,156 709,646 102,739 3,923 7Brazil ................................ 10,299 4,951 50,145 31,089 5.901 1,561 4,009 2,101Individuals .................... 7,192 2,456 22,139 8,396 2,768 869 4,009 1.395Corporations ................ 274 1,718 12,624 10,671 1.145 324 450British Virgin Islands ........ 10,178 19,468 481,709 401,074 75.877 167 167Individuals .................... 938 941 16,981 11,723 4,875 14 26Corporations ................ 6,979 14,095 293,883 237.389 54.712 129 140Canada ............................ 330,181 156,051 4.590,212 2,561,070 1,046.833 177,059 252,860 50,798Individuals .................... 289,959 28,592 502,335 31,049 61,384 36,190 252,860 22,341Corporations ................ 17,274 92,654 3,069,019 1,859,789 704,559 105,411 - 19,922Cayman Islands............... 6,833 30,826 1.363,643 1,258,956 95,412 484 340 1Individuals .................... 781 1,388 14,415 9,595 3,524 2 340 -Corporations ................ 4,071 23,871 844,124 762,489 74,966 455 1China ............................... 17,807 1,356 187,561 31,613 2,084 245 619 73,710Individuals .................... 17,269 1,045 116,877 4,887 708 182 619 71,747Corporations ................ 119 242 66,212 24,681 844 46 400Denmark .......................... 3,840 7,459 342,293 221,098 78,159 17,959 3,778 2.285Individuals.................... 3,291 1,003 8,313 526 947 206 3,778 971Corporations ................ 291 5,341 251,215 148,786 69,898 17,571 - 1,133Finland ............................. 2,127 1,398 185,676 134,732 13,730 6,415 2,132 1,121Individuals.................... 1,440 477 4,193 207 240 39 2,132 501Corporations ................ 292 786 143,572 111,110 13,223 6,350 163France ............................. 26,017 96,092 5,199,582 2,880,566 1,098,197 253,264 15,166 21,354Individuals.................... 19,919 10,845 142,830 14,089 72,570 5,661 15,166 16,954Corporations ................ 2,797 69,651 4,365,552 2,540,902 875,919 240,123 919Germany.......................... 116,645 66,078 3,339,509 1,917,790 704,056 385,441 44,072 29,025Individuals.................... 104,382 17,813 297,453 89,610 88,561 23,220 44,072 21.112Corporations ................ 3,908 40,436 2,506,604 1,385,214 567,652 356,796 - 3,576Gibraltar ........................... 242 591 12,327 10,338 1,864 (2) isIndividuals.................... 80 31 3,484 3.363 78 (2) 15Corporations ................ 98119816,89216,17516871Footnotes at end of table.35

.Foreign Recipients of U.S. Income, 1992Table 2.-Forms 1042S: Number of Returns, U,.S. Tax Withheld, and U.S.-Source Income, by Principal Types ofIncome, Selected.Recipient Types, and Country of Recipient-Continued(Money amounts are In thousands of dollars]'Selected country orgeographic area andselected recipient typeNumber ofForms 1042SU.S. taxwithheldTotalU.S.-sourceIncomeInterestPrincipal "a of U.S.-source incomeDividendsRentsandroyaltiesSocial securityand railroad retirementpaymentsPersonalservicesincome-UI_L2)"3 '(4)t5)L6)-ML81Greece.............................Individuals ....................Corporations ................Guernsey (ChannelIslands)........................Individuals ....................Corporations...........Hong Kong .......................Individuals .....................Corporations ................India .................................Individuals...................., Corporations ................Indonesia.........................Individuals ....................Corporations ................-Ireland ..............................Individuals.................. 1.Corporations ................Israel ................................Individuals ....................Corporations ................Italy..................................Individuals ....................CorporationsJapan...............................Individuals....................Corporations ................Jersey (ChannelIslands) ........................Individuals....................Corporations ................Kuwait ..............................Individuals....................Corporations ................Lberia ..............................Individuals....................Corporations ................Liechtenstein...................Individuals....................Corporations ................Luxembourg .....................Individuals....................Corporations ................Malaysia ..........................Individuals................. ..Corporations ................Mexico .............................Individuals ....................Corporations ................Netherlands .....................Individuals ....................Corporations ................New Zealand ...................Individuals ....................Corporations ................16,71315,834186639743691.9,29014,3632,2756,5146,114792,1741,978539,4958,5323989,5517,79028738,17335,367- -l-,328137,036105,47210,2721,0401105161,6441,1832721,6023279871,8103728973,2396971,1573,3743,177~6486,432.81,75991015,389.10,8542,458.3,6983,1011677,0146,4341815,9181005,342.21,0326,3469,0872,3771,9693~57832874517,9182,1691,3206,9533,3972,81819,1332,555-14,268513,8516,129473,4278,8191406,2794,2743061,40613,0673232,3428.2817605,02133,20951418,874470331~3844,93936,635,6,120102,984..4,93780,3031,982~4469775,96051,48219,45898,0523,54687,778741,50440,150361,65542,33133,4227,63948,8688,5237.914_570,201120,883317,47096,98621,49848,191754,2119146,099--504,356-21,756,955260,11918,618,133141,69693789,269154,2283,38648,132196,5764,410102,27462,308,7.66026,168875,19933,315534,636108,0402,67590,474442,252300,54240,5494,487,927106,8493,968,66630,8334,62811,55313.0823,3566.41979,4913,29471,422465,40613,839249,6825.4671.8962,812,12,054996ul 029,5661,226223,05866,2624,33237,659464,40920,876-357,034-15,577,348167,50113,035,087114,01547570.375123,4571.74943,110147,9583,17391,39736,8565,11014,160.734,96629,946455,09297,74922889,642188,54074,96426,4582,795,72160,31814,9824095,8895.4382,7861,46717,91722715,89254,02516,21119,3972,3417321.4621,13981810435,512-2,3168,29213,1852,613.8,50952,5415,252-,-36,778- -1,686,1609,5411,501,04825,97216517,911529,3841,3573,93346,18399410,539.20,966-2,471.10,160131,88272,5811,25257237015,9438,6425,018.1,245,66422,6501,093,5326,275928183118282172168,8841,3337,41614356727874-63,4701,04062,1602,1073951,45186,7591,149821918-1,068,47920,8461,014,92483927456434,3447442,5101,2,5034,14044,13510010015,2803,5627,125296,2952,191276,9046,1386955,26935,60535,605.3,8153,8159779776060-9,555--9,5554,3614,36198,85198,85113,86413,86477m_22222424111791791818187,167187,1677,2337,2335195192,1701,7650321211,9945901,1849,6519,3281651,2731,040213-7,146-4,1042,2992,565z1615811,4606,350-2,814---29,69317,86810,17663617373(2)(2)7312431,2~21651,0501191156,6355,488475,12,145~,9863,10299853356Footnotes at end of table.

Foreign Recipients of U.S. Income, 1992Table 2.-Forms 1042S: Number of Returns, U.S. Tax Withhold, and U.S.-Source Income, by Principal Types ofIncome, Selected Recipient Types, and Country of Recipient-Continued[Monev amounts are in thousands of dollars]Selected country orTotalPrincipal types of U.S.-source incomegeographic area and Number of U.S. tax U.S.-source Rents Social security Personalselected recipient type Forms 1042S withheld income Interest Dividends and and railroad retire- servicesroyalties ment payments Income(1) (2) (3) (4) (5) (6) (7) (8)Nigeria ............................ 1,072 575 6.510 3,252 1,153 20 6 150Individuals ................... 976 317 3A66 1,205 261 16 6 150Corporations............... 45 233 2,479 1,673 804 2Norway .... ...................... 8,297 3,252 136,901 70,106 7,456 2,713 13,503 2,444Individuals .................. 7,500 2,349 17,741 292 996 205 13,503 1,165Corporations............... 362 611 100,065 65,574 5,054 2,433 846Panama.......................... 10,496 38,546 308,678 216,544 55,772 3,803 1,146 316Individuals................... 3,006 1,938 18,481 8,462 4,937 237 171Corporations ............... 5,129 30,636 240.320 178,717 32,085 3,508 87Philippines ...................... 24,164 11,763 110,165 31,348 4,850 129 64,832 1,507Individuals................... 23,493 11,548 79.436 3,042 2,836 122 64,832 1,355Corporations ............... 189 97 13,467 12,889 375Portugal .......................... 9,034 4,382 142,084 113,048 991 62 26,310 330Individuals.................. 8,734 4,216 29,123 848 692 so 26,310 238Corporations ............... 96 70 17,684 17,258 105 (2)Puerto Rico ..................... 10,494 510 232,057 230,104 1,116 277 113 79Individuals................... . 9,397 249 1,836 515 666 252 113 51Corporations ............... 294 144 199,249 198,843 353 24 26Russia............................ . 2,388 695 21.747 433 100 2,320 46 13,511Individuals.................. . 2,164 491 16,430 277 84 662 46 10,511Corporations ............... 17 (2) 1,277 116 (2) 1,043 illSaudi Arabia................... 6,616 25,112 508,229 367,935 130,572 573 11 3,406Individuals................... . 5,338 21,006 83,072 12,161 69,018 567 11 184Corporations............... 664 3,814 223,864 181,086 38,671 4Singapore ....................... 10,374 3,676 532,431 423,030 104,136 461 128 545Individuals .................. 9,047 983 17,663 4,943 11,292 113 128 178Corporations............... 479 2,218 100,976 93,209 5,015 333 188South Africa .................... . 3,819 2,266 16,011 1,521 1,345 1,118 617 2,256lndlvlduals.~ ................ 3,475 1",696 13,420 763 999 231 617 1,781Corporations............... 49 364 1,467 338 222 860 - 25South Korea .................... 4,766 1,192 148,740 125,698 1,522 1,155 248 7,472Individuals .................. 4,380 797 18,056 1,523 540 202 248 7,022Corporations............... 210 361 49.214 45,081 803 906 197Spain.............................. 12,681 9,681 504,659 341,584 20,602 2,881 16,394 5,943Individuals .................. . 11,282 4,152 34,288 4,671 3,763 494 16,394 4,445Corporations............... 586 2,478 162,017 '109,861 4,038 1,667 10Sweden ........................... 9,070 24,099 1,136,894 203,079 275,206 69,203 10,520 19,160Individuals ................... 8,024 4,578 28,871 1,183 3,042 901 10,520 9,325Corporations ............... 529 18,536 983,329 167,678 268,"3 67,438 8,224Switzerland..................... 28,632 125,929 3,185,418 1,662,555 918,383 387,105 6,146 30297Individuals ................... 15,554 7,645 128,177 65,253 33,134 5,546 6,146 4,555Corporations ............... 6,647 76,942 2,593,535 l,"6,816 614,862 351,386 23,062Taiwan ............................ 10,371 4,586 580,862 472,961 10,539 501 139 1203Individuals................... 9,103 2,925 23,920 8,139 6,696 460 139 889Corporations ............... 414 1,259 408,405 405,720 2,075 17 254Thailand .......................... 2.029 670 26,147 9,063 579 62 449 320Individuals.................. 1,872 539 7,225 3,525 498 62 449 305Corporations ............... 34 106 1,587 1,238 29 6Turks and CaicosIslands ........................ 328 317 7.605 6,467 1,002 10 13 34Individuals ................... 45 110 510 138 313 5 13 34Corporations............... 189 179 5,818 5,184 573United Arab Emirates...... 1,597 466 367."7 78,821 285,113 16 417Individuals .................. 1,403 188 3,659 283 626 16 62Corporations............... 55 261 35,071 34,170 620 280United Kingdom ............... 114,486 358,931 15,217,953 8,536,546 4,446,479 1,407,483 51,755 102.201Individuals .................. 87,209 13,355 585,264 368,072 55,633 35,929 51,755 28,816Corporations............... I , 272,697 11,019,432 5,"5,859 3,763,454 1,320,610 40,976Venezuela...................... 12,052 3,936 60,451 45,660 8,453 725 1,387 658Individuals .................. 9,2092,510 32,917 22,791 5,159 470 1,387 383Corporations ...............1677 773 1 11,906 1 10,130 1 1,464 220611 1I Excludes small amounts of U.S. tax withheld by foreign governments and withholding agents.2 Less than $SM.37

Exempt Organization Business Income TaxReturns, 1991by Margaret Riley38onprofit organizationsNreported $3.4 billion ofgross income for 1991 from business activitiesthat were considered inrelated to the purposes forwhich they received Federal income tax exemption. These32,690 organizations reported total deductions of $4.0billion, resulting in an aggregate net loss of nearly $0.7billion. However, 14,384 of the organizations, ordinarilyexempt from income taxation, reported "positive" unrelatedbusiness taxable income (UBTI) of $43 1.1 millionand a total tax liability of $116.9 million.Organizations filing a Form 990-T, E~empt OrganizationBusiness Income Tax Return, accounted for less than 3percent of the population of tax-exempt organizations towhich the unrelated business income tax provisions applied[1, 2]. Figure A shows the distribution of returns filed, bythe Internal Revenue Code section under which the organizationsreceived tax exemption [3]. Twenty-four percentof the filers were nonprofit charitable organizations thatwere tax-exempt under section 501(c)(3) and another 21-percent were social-~nd-recreational-clubs-exempt-under--section 501 (c)(7) [4]. Together with business leagues,chambers of commerce, and real estate boards exemptunder section 501(c)(6), and fiduciary agents for IndividualRetirement Arrangenients exempt under section 408(e),these-four-types of-Organizations accounted for-nearlythree-quarters of all returns filed. (See the Appendix tothis article for a description of the various types of taxexemptorganizations.)Therewere 14,819 "small" organizations, those withgross unrelated business income (UBI) between $1,000(the filing threshold) and $ 10,000, which accounted for 45percent of all filers (Figure B). Another 40 percent offilers, 12,987 organizations, had gross UBI of more than$10,000 but under $100,000. Only I percent of all filers,433 organizations, had gross UBI of $1,000,000 or more,but they accounted for nearly half of all gross UBI reportedand 64 percent of total tax liability.Although the number of organizations reporting unrelatedbusiness income grew by 5 percent between 1990 and1991, these organizations collectively reported loweramounts of both gross UBI and total deductions (FigureQ. However, an I I -percent increase in total positivetaxable income between the two years contributed to a 17-percent increase in the unrelated business income tax (UBItax). Total tax, which, in addition to the UBI tax, includescertain' other taxes less allowable credits, incre ased by 18percent (see the Explanation of Selected Terms section fora definition of total tax). Another factor contributing toMargaret Riley is a statistician with the Foreign SpecialProjects Section. This article was prepared under the directionofMichael Alexander, ChiefFigure APercentage Distribution of. Exempt OrganizationBusiness Income ' Tax Returns, by InternalRevenue Code Section, Tax Year 19911 Includes all other organizations tax exempt under Code sections501 (c)(2)-(25), as well as Code section 401 (a), 501 (e), and 501 (Q-organizations and returns not allocable by code section.- __ I - - -NOTES: Detail may not add to total because of rounding. See the Appendixto this article I& a description of the various types of tax-exemptorganizations.the rise in UBI tax and total tax was. a change in the taxrates and related income brackets applicable to exempttrusts filing Forms 990-T for 1991. The tax on exempttrusts was raised for 1991 by lowering the ceiling onincome brackets and by raising the tax rate on the highestbracket from 28 percent to 31 percent. There was no .change in the tax rates applicable to exempt corporations,but both exempt corporations and trusts reported aggregateincreases in average positive taxable income of 6percent and 20 percent, respectively [5]. These increasesresulted in "bracket creep" for some organizations,whereby higher taxable income increased the tax paid onthe top portion of income. (See the Unrelated BusinessTaxable- Income and Tax section of this article for additionalstatistics on exempt trusts and exempt corporations.)BackgroundCongress established the "unrelated business income" taxas part of the Revenue Act of 1950. Unrelated businessincome has been defined as income.from a trade or businessthat is regularly carried on by an exempt organizationand is not substantially related to carrying out the

Exempt Organization Business Income Tax Returns, 1991Figure BPercentage Distribution of Exempt OrganizationBusiness Income Tax Returns, by Size of GrossUnrelated Business Income (UBI), Tax Year 1991$500,000under$1,000,000(2%)$1,000,000or more0 IN$1,000 under$10,001,(459/6)I Organizations with gross UBI under $1,000 were not required to file areturn. Organizations with gross U131 between $1,000 and $10,000 were notrequired to report detailed sources of income, as were organizations withgross UBI above $10,000.Figure CSelected Financial Data from ExemptOrganization Business Income Tax Returns,Tax Years 1990 and ~991[money amounts are in thousands of dollars]PercentageRem 1990 1991 change(1) (2) (3)Number of returns...................... 31,091 32,690 +5.1Gross unrelatedbusiness income......................... 3,511,499 3,384,698 -3.6Total deductions I ............................. 4,143,101 4.047,183 -2.3Unrelated business taxable income(UBTI) less deficit, total ............... -631,605 -662.487 +4.9Positive UBTi ............................... 388,890 431,143 +10.9Deficit ............................................ 1,020,495 1,093,630 +7.2Unrelated business income tax ........ 99,293 116,605 +17.4Total tax 2 ......................................... 1 99,119 1 116,933 1 +18.0NOTE: Detail may not add to totals because of rounding.Excludes cost of sales and senices, which was not included on the return as acomponent of total deductions. It was subtracted from gross receipts in computinggross profit from sales and services, reported as a gross income component. Cost Ofsales and services can include amounts attributable to depreciation, salaries and wages,and other deductible items.2 Total tax is the regular unrelated business income tax after reduction by any tax credits(foreign tax credit, general business credit, prior-year minimum tax credit, and otherallowable credits), plus taxes from recapture of certain prior-year credits, the 'alternativeminimum tax' and the environmental taxexempt purpose for which the organization exists. TheUBI tax was imposed regardless of whether or not theprofits from the unrelated trade or business were usedsolely for exempt purposes. Originally, the tax appliedonly to organizations exempt under section 501(c)(3)(nonprofit charitable organizations), section 501(c)(5)(labor, agricultural, and horticultural organizations),section 501(c)(6) (business leagues, chambers of commerce,and real estate boards), section 501(c)(9) (voluntaryemployees' beneficiary associations), or section501(c)(15) (certain mutual insurance companies). After itappeared that other types of tax-exempt organizationswere engaging in unrelated business activities, Congressextended'the UBI tax to all exempt organizations (exceptU. S. Government instrumentalities exempt under section501(c)(1)), including churches [6].For 1991, organizations which received $1,000 or morefrom unrelated business activities were required to computetheir taxable income on a Form 990-T. The taxationof UBI was designed to place unrelated activities ofexempt organizations on an equal footing with similaractivities carried out by taxable entities, such as nonexemptcorporations. Although exempt organizations aretaxed on their unrelated business taxable income, they arestill able to enter into a wide range of nontaxable commercialactivities if they are held to be substantially related totheir exempt purpose(s) [7].Section 501(a) of the Internal Revenue Code authorizesan exemption from taxation of income related to theexempt purpose of an organization. As indicated in theAppendix to this article, organizations that ordinarily weretax-exempt for 1991 but were subject to taxation onunrelated business income included those described insections 501(c)(2) through 501(c)(25), as well as qualifiedpension, profit sharing, and stock bonus plans described insection 401(a); Individual Retirement Arrangements(IRA's) described in section 408(e); and cooperativeservice organizations described in sections 501(e) and501(f).For 1991, organizations with gross UBI under $1,000were not required to file a Form 990-T. The reasoningbehind granting this filing exclusion is that a "specificdeduction" of $1,000 from taxable income is allowed toall Form 990-T filers, so there is no reason to burdenorganizations that had gross UBI of $1,000 or less fromfilling out the tax return. (The specific deduction isdiscussed in the Deductions section and is defined in theExplanation of Selected Terms section.) Organizationswith gross LJBI between $1,000 and $10,000 were notrequired to report detailed sources of income, as wereorganizations with larger amounts of gross income. Thesesmaller organizations were required only to report a single 39

Exempt Organization Business Income Tax Returns, 1991total of gross UB1. For a detailed list of the componentsof gross UBI reported by larger organizations, see thedefinition of gross UBI in the Explanation of SelectedTerms section of this article.. Separate explanations of thegross UBI components are also included in this section.IncomeThe $3.4 billion of gross LJBI reported by tax-exemptorganizations for 1991 included approximately $0.1billion attributable to organizations reporting gross UBIof $ 10,000 or less and $3.3 billion attributable to organizationsreporting gross UBI over $10,000. Becauseorganizations with gross UBI of $10,000 or less were notrequired to report detailed sources of gross UBI (only thetotal amount was required), the.foilowing discussions of. the specific components of gross LJBI (covered in thissection) and their related expenses and deductions (coveredin the Deductions section) pertain only to organizationswith gross UBI above $ 10,000, -which accounted for-over 98-percent of the-total-gross-UBFreported-by-allorganiza'tionsfilingForm 990-T.Gross profit (less loss) from sales of goods and serviceswas the largest-source of unrelated income for,organizations with gross UBI above $10,000 and ac--counted.for 43 percent of-all-gross UBI- reported (FigureD). "Other income" (less loss), which includes all typesof income not specifically required to be reported elsewhereon the unrelated business income tax return, wasthe'second largest gross income item. About 90 percentof all gross UBI came from 5 of the 12 m*ajor componentsreported, the too ~ sources discussed above plus advertisingincome, "unrelated debt-financed income," and investmeritincome (less loss) of organizations tax-exempt undersections 501(c)(7), (9), (17), and (20) (social and recreational* clubs, voluntary employees' beneficiary associations,supplemental unemployment benefit trusts, andprepaid legal service funds, respectively). Organizationsreported income sources fairly consistently between 1990and 1991, with these five sources -reported as the top - -income producers for the two years and accounting for 02percent-of gross LJBI for 1900.Figure D also shows unrelated business income sourcesfor selected types of organiiations, in terms of the Codesection that described their exemption. Organizationsclassified in these five sections. accounted for 86 percent ---oftotal gross-UBUreported-on returns with--grossIJBI-over-$ 10,000. A look at the largest source of income for ea c*hof the selected types of organizations appears to be.consi s-tent with the way each group operates, is discussedbelow. (See the Appendix to this,arficle, for a description-of the various types-of exerriprorganizations- and-thdgeneral nature of their activities.)40Figure DReturns With Gross Unrelated Business Income (UBI) Over $10,000: Sources of Gross UBI, bySelected Internal Revenue Code Section, Tax Year 1991[ Money amounts are in thousands of dollars]ItemNumber of returns .........................................................Total gross unrelated business Income (UBI) .............Gross profit (less loss) from sales and services..........Capital gain net income.............................. Ị .................Net capital loss (trusts only) .........................................Net gain (less loss), noncapital assets 1 ......................Income (less loss) from partnerships ...........................Rental income 2 ......................................................... 7*1Unrelated debt-financed income..................................Investment income (less loss) 3...................................Income from controlled organizations.~ .......................Exploited exempt activity income, except advertising.Advertising income ............................................ .........Other income (less loss) ..............................................AJ I organizationswith growunrelatedbusiness income(UBI) over~10,000, total-W1 '11~,87113,324,3071,418,634.72,092245,23327,81296.808222,840:198,45533.63840,118561,824,646,878501 (c) (3)12).5,2181,629,800.845,45625.6683,75818,17346,792102,673N/A17,050111,2~9144,2317414,764Selected Internal Revenue Code section501(c)(4)L3)1,060192,413127,2348262102.71414,340N/A1,7912,54526,57616.178501 (c) (6)L413,684593,101114,991227-776-1,9072,87733,835N/A7,80322,049333,95080,053501(c)(7)_L5)2,883249,74416513553'1097WA - Not applicable.I Property other than capital assets generally included property of a business nature, in contrast to personal and investment property which were capital assets.2 Income from real property and personal property leased with real property.3 Reported by Internal Revenue Code section 501 (c)(7), (9); (17), and (20) organizations only.4Annuities, interest, rents, and royalties.NOTE: Column detail may not add to totals because of rounding.998.214,317~ N/A44,175250N/AN/A21,555501(c)(9)W.559202,4554,M132,52518-18813,127N/A151,529N/ANIA1,119

Exempt Organization Business Income Tax Returns,, 1991reported.on schedules as lump-sum totals only. Some ofthe deductions included in these totals were of the sametypes as those reported elsewhere on the return as separatecomponents of total deductions. Because detailed deduc~tioncomponents were not required to be reported onreturn schedules, there,could.be no linking of deductions,with like, titles between the schedules and the detaileddeduction components. Therefore, the total amountshown for.some of the separately reported deductions willbe understated. For example, ifdeductions allocable torental income, reported on a rental income schedule,included depreciation, then.that amount of depreciationwould not be included in, and could not be linked to, theseparately reported depreciation deduction item. Deductions that were reported as lump-sum amounts included *those "allocable to rental income," "allocable to unrelateddebt-financed income," "allocable to investment income,""ailocable' to income from controlled organizations,""allocable to exploited exempt-activity income, exceptadvertising," and "direct advertising costs'~(see Table7for a complete presentation of deductions).Figure E presents selected components of total deductionsfor all returns with gross LJBI over $ 10,000 and alsofor the same five types of organizations shown in FigureD. Organizations shown in Figure E collectively ac-;counted for 86 percent of total deductions reported. Aswith income components, 'the allocation of deductionitems varies across the, selected Code sections and seemsto be in line with the purposes for which the organizations.received tax exemption. Most of the total deductionsreported for 1991 by.organizations with gross UBI over$10,000 can, be attributed to "other deductions," 00percent), "net operating loss carryover". (19 percent),salaries and wages (15.percent), and direct advertisingcosts (1~0 percent), which together accounted for 75percent."Other deductions," the largest single.aggregate deductionitem reported, included a host of expenses that werenot required to be reported as a specific item elsewhere onthe return. Some,examples of "other deductions" itemsare i)rofessional-service-fees,-such-as-financiaI management,accounting, legal, and consulting; insurance (if notFigure E0manizations; WithGross Unrelated-Business Income-(UBI) Qver $10,000: Selected Deductionsi-bk-Selected Internal Revenue Code Section, Tax Year 1991[ Money amounts are in thousands of dollars] - -42RemAil organizationswith grossSelected Internal Revenue Code sectionunrelatedbusiness income 501(c)(3) 501(c)(4) 501 (c) (6) 501(c)(7) 501(c)(9)(UBI) over$10,060. total(1) (2) (3) (4) (5) (6)Number of returns.................................................................... 17,871 5,218 1,060 3,664 2,683 559Total deductions I .................................................................... 3,954,752 2,051,733 276,426 717,755 252,959 88,164Deductions directly connected to grossunrelated business Income (USI), total ........................ 3,744,370 1,999,202 270,348 635,406 249,026 32,724Direct advertising costs ........................... a ......................... 413,946 101,107 34,846 218,075 N/A N/ACOmpensation of officers..................................... :-*.......29,445 10,939 2,787 9,566 1 ~070 2.105Salaries and wages........................................................... 611,482 373,966 31,816 53,013 87,463 1,733Employee benefits ............................................................. 63,441 46,486 2,1561 7,309 4,158 944Net operating loss mrryover............................................. -757,815 386,387 69,899 132,512 47,563 2,391Other deductions 2 ........................ 1 7, ..........1,199,517 760,468 88,934 121,780 51,860 10,656Declu~ctions directly connected not shown above 2 .......... 668,724 319,850 39,910 93,151 56,912 14,895Deductions not directly connected to grow USI, total .... 210,382 52,531 6,078 82,349 3,933 55'"1Set-asides .......................................................... ................. 56,478 N/A N/A N/A 1,365 55,113Excess exempt expenses ...................... E .......................... 113,077 30,755 1,063 80,115 N/A N/ACharitable contributions.................................................... 33,617 19,855 1,244 672 96Specific deduction .............................................................. 7,210 1,921 i75 990 1,896 233N/A - Not applicable.I E=Iudes cost of sales and services, which was not Included on the return as a component of total deductions. it was subtracted from gross receipts In computing gross proflt-fr&iisales and services, reported as a gross Income component. Cost of sales and services can Include amounts attributable to depreciation, salaries and wages, and otherdeductible Items.2'Crther deductions' was a specific Form 990-T Item that Included types of deductions that were not required to be reported elsewhere on the return. "Deductions directlyconnectednot shown above* was not a specific return item. it contains tho'balance of reported deduction types that are riot being presented as selected deductions In this figure. See Table 7 fora complete presentation of deductions directly connected to gross UBLNOTE: Column detail may not add to totals because of rounding.

Exempt Organization Business Income Tax Returns, 1991employee-related benefits); equipment costs; mailingcosts; office expenses, such as janitorial services, supplies,and security services; rent; travel expenses; educationalexpenses; and utilities.Section 501(c)(3) and (4) organizations reported thelargest proportion of their deductions as "other deductions"on their returns (37 percent and 32 percent, respectively).Their second largest deduction was the net operatingloss carryover (19 percent and 25 percent, respectively).For section 501(c)(3) organizations, the thirdlargest deduction was salaries and wages (18 percent).These organizations accounted for the largest proportionof aggregate salaries and wages reported by organizationswith gross UBI over $10,000, 61 percent of the total.Direct advertising costs was the third largest deduction forsection 501(c)(4) organizations, closely followed bysalaries and wages (13 percent and 12 percent, respectively).For organizations exempt under section 501(c)(6),direct advertising costs accounted for the largest proportionof their reported deductions (30 percent). Second was3 percent of Form990-T filers reportedtotal tax ofS116.9 million.the net operating loss carryover(18 percent), and third was "otherdeductions" (17 percent). Inaddition to being their largestdeduction item, the direct advertisingcosts of these organizationsaccounted for the largest portionof the direct advertising costsreported on all Forms 990-T filedby exempt organizations with gross UBI over $10,000, 53percent of the total.The social and recreational clubs exempt under section501(c)(7) reported 35 percent of their total deductions assalaries and wages. This would be expected, given thelabor-intensive nature of their unrelated business activities."Other deductions" was the second largest item (21percent), and the net operating loss carryover was thirdlargest (19 percent).Sixty-three percent of the total deductions of section501(c)(9) associations was attributable to set-asides.Because the primary tax-exempt mission of these organizationsis to provide health and welfare benefits to itsmembers, the large amounts of income that typically areset aside for future payment of these benefits are allowedas a deduction against investment income, their primarysource of gross UBI [8]. "Other deductions" rankedsecond in size, 12 percent of total deductions. Third placewas equally shared by interest and taxes, with each contributing5 percent (interest and taxes are not shownseparately in Figure E because of their relatively smallsize for organizations exempt under sections other thansection 501(c)(9)).Unrelated Business Taxable Income and TaxFor 199 1, about 43 percent of Form 990-T filers, anestimated 13,905 organizations, reported total tax of$116.9 million. In most cases, the largest share of totaltax was the UBI tax; however, total tax also could haveincluded recapture taxes (such as from recomputation ofprior-year investment or low-income housing credits), the"alternative minimum tax " and the environmental tax.Also, the foreign tax credit, general business credit, prioryearminimum tax credit, and other allowable credits weresubtracted from the unrelated business income tax incomputing total tax.An estimated 18,785 filers, or 57 percent, reported nototal tax liability. Organizations with $1,000,000 or moreof gross UBI, only slightly more than I percent of thepopulation reporting total tax, reported a tax liability of$74.9 million, 64 percent of the tax liability of all organizations.Only 2 percent of total tax, $2.4 million, wasreported by the small organizations that were not requiredto report detailed income items, those with gross UBIbetween $1,000 and $10,000, yet they comprised a largeproportion, 45 percent, of the taxpaying population.Another 40 percent, those organizations with gross UBImore than $10,000 but less than $100,000, accounted forI I percent, or $13.1 million, of the total tax reported. Theremaining group of filers, those with gross UBI of at least$100,000 but less than $1,000,000 reported total tax of$26.5 million, 23 percent of aggregate total tax. The.organizations in this group accounted for 14 percent of thepopulation reporting total tax liability.Based on unrelated business taxable income, the13,908 exempt organizations reporting UBI tax incurredan aggregate UBI tax liability of $116.6 million. Afteradjustments were made for additional taxes (plus $0.6million) and credits (minus $0.3 million), the resultingamount of total tax liability was $116.9 million, as reportedby 13,905 organizations. The difference betweenthe 13,905 organizations with total tax and the 13,908with UBI tax resulted from there being 37 returns onwhich total tax was attributable to one of the taxes otherthan the UBI tax, and 41 returns where UBI tax wasreported, but was offset by tax credits (13,908 plus 37minus 41 equals 13,904) [9].For 199 1, there were 14,3 84 organizations that reportedpositive UBTI, amounting to $0.4 billion; theremaining 18,306 filers reported zero or a deficit, amountingto -$I.I billion. Even though there were 14,384organizations that reported positive UBTI, the number of43

Exempt Organization Business Income Tax Returns, 1991organizations showing UBI tax on their returns was13,908, or 476 less than might otherwise be expected.The explanation for this is that there were 524 organizationswhich had positive amounts of taxable income butreported no UBI tax, and there were 49 organizations thatreported UBI tax even though they had no taxable income(13,908 plus 524 minus 49 equals 14,383) [10].The tax statistics cited above are based. on-originall'yfiled returns that were selected prior to IRS audit examinationand prior to the filing of any amended returns. Recomputationof the tax resuiting from taxpayer errorsdetected after filing, either by i the filing organization orthrough IRS data checks, has not been taken into account.Therefore, the amount of tax actually assessed and collectedmay be different from the amount initially reportedand presented in this article.Of the 32,690 exempt organizations which filed Forms990-T, 27,539 exempt corporations accounted for 92percent of the $3.4 billion of total gross LJBI while 5,151-exempt-trusts-accounted-for the-remainder. There-were-11,348 exempt corporations and 2,560 exempt trusts thatreported the UBI tax on their returns for 1991, comparedto 11,378 corporations and 2,527 trusts that reported totaltax. Corporations were liable for $70.2 million, 60 per~cent, of LJBI tax, and trusts werr liable for $46.4 million,40 percent. Corporate and trust total tax liabilityamounted to $70.5 million and $46.4 million, respectively.Of all Form 990-T filers for 1991, section 501(c)(3)organizations were responsible for the largest share (35percent) of total tax reported, $40.6 million. Together,organizations exempt under sections 501(c)(3), (4), (6),(7), and (9) accounted for 88 percent of total tax reported.Figure F shows a percentage distribution ofthe respectiveshares of gross UBI, total deductions, positive UBTI, andtotal tax attributable to these five types of organizations.Collectively, these organizations filed 69 percent of theForms 990-T, and accounted for between 86 and 88percent of the totals reported by all organizations for thekey items shown in Figure F.Voluntary employees' beneficiary associations describedin section 501(c)(9) were responsible for 31-percent-of total-tax-reportedl-a-high-percentage-given-thefactthat they accounted for only 2 percent of all filers and6 percent of total gross UBI. In addition, the share of totalFigure FSelected Financial Data Reported by Principal Types of Organizations as a Percentage of the TotalReported by All Types of Organizations, Tax Year 1991Total gross unrelatedbusiness income($3A billion)Total positive unrelatedbusiness taxable Income($OA billion)Total deductions($4.0 billion)Total Income tax($0.1 billion)501(cX3)501(cX4) 501(cXG) , ,501(CX7)501(CX9)Types shown, totalType of Organization, by Internal Revenue Code SectionExcludes cost of sales and serAces, which was not included on the return as a component of total deductions. it was subtracted from gross receipts in computinggross profit from safes and services, reported as a gross income component. Cost of sales and serAces can include amounts attributable to depreciation, salariesand wages, and other deductible items.NOTE: Detail may not add to totals because of rounding.

Exempt Organization Business Income Tax Returns, 1991positive UBTI attributable to section 501(c)(9) organizationswas 27 percent, but these organizations accountedfor only 2 percent of organizations that reported positiveUBTL Voluntary employees' beneficiary associationsgenerally were not able to take deductions as large as mostother types of organizations because of the nature of theirexempt activities, discussed below.Section 501(c)(9) organizations primarily engage ininvestment activities in order to fund the benefits paid outto member-employees. Nearly 75 percent of their aggregategross UBI was reported as investment income for1991. As mentioned in the discussion of deductions, thelargest deduction item, by far, reported by employees'beneficiary associations was for amounts set aside toprovide for future payment of life, sick, accident, or otherbenefits. However, if amounts were set aside that exceededthe qualified asset account limits, as specified insection 419A of the Code, then they were not allowed as adeduction from unrelated business investment income. Inother words, if a section 501 (c)(9) association overfundedan employee welfare benefit plan, its investment incomecould not be set aside tax-free. It was taxable as unrelatedbusiness income.Another factor contributing to the relatively smalldeductions taken by the employee beneficiary associationsis that, for many of them, their investment portfoliostypically are overseen by a single trust manager. Becausethere is no need for a staff of employees, deductions forsalaries and wages are quite small. In terms of contrast,salaries and wages reported by section 501 (c)(9) associationswere less than half a percent of total salaries andwages reported by all organizations, compared to 61percent for the section 501(c)(3) organizations. As apercentage of the total deductions reported by these twotypes of organizations, salaries and wages comprised a 2-percent share for the section 501(c)(9) organizationscompared to an 18-percent share for section 501(c)(3)organizations [11].Primary Unrelated Business Activity by IndustrialGroupingOrganizations filing a Form 990-T for 1991 were requiredto enter at least one, and up to three, industry codes fortheir principal business activities, based on the amount ofgross unrelated business income they generated. If anorganization engaged in more than one type of activity, itwas instructed to list the code for the largest unrelatedactivity (in terms of gross income) first, then the codes forthe next two largest activities, in descending order. Thediscussion of unrelated business activities that followstakes into consideration only the primary (first) activityServices and finance, code reported. Because it isnot possible to distribute grossinsurance, and realUBI by each type of activityestate accounted for when more than one activity78 percent of grosswas reported, the amount ofgross UBI assigned to theunrelated business primary unrelated businessincome.activity may not be entirelyrelated to that activity.Figure G shows that the primary unrelated businessactivity reported on 88 percent of returns filed fell withinfour major industrial groupings: manufacturing; retailtrade; services; and finance, insurance, and real estate (seeTable 5 for information on the major business activities orindustrial classifications reported). These four industrialgroupings were also responsible for 93 percent of totalgross UBI, with manufacturing producing $0.1 billion;retail trade, $0.4 billion; services, $1.5 billion; and finance,insurance, and real estate, $1.1 billion.The industrial classifications from which Form 990-Tfilers were required to make a choice included 155 industrycodes and 5 additional categories that were establishedspecifically for exempt organizations engaging in unrelatedbusiness activities to reflect particular provisions of theInternal Revenue Code [12]. These five classificationswere unrelated debt-financed activities other than rental ofreal estate; investment activities of section 501(c)(7), (9),(17), and (20) organizations; rental of personal property;passive income activities with controlled organizations;and exploited exempt activities. In Figure G and Table 5,the first four activities mentioned above are treated as partof the finance, insurance, and real estate division. Exploitedexempt activities is treated separately in Figure Gand Table 5 as one of the major industrial groupings [13].There were 1,495 organizations that reported unrelatedactivities in the manufacturing division. Most of them, 87percent, could be categorized under two types of unrelatedactivities: printing and publishing, 45 percent, and petroleumrefining and related industries, 42 percent [14].Three percent of total gross UBI was attributable to theprinting and publishing industrial sub-group. Petroleumrefining and related industries accounted for only one-tenthof I percent of total gross UBI. Business leagues, realestate boards, and various types of nonprofit charitableorganizations accounted for. most of the printing andpublishing carried on by tax-exempt organizations as theirprincipal unrelated trade or business activity. Almost all ofthe organizations that reported petroleum refining andrelated industries as their principal unrelated businessactivity were trusts that acted as fiduciary agents for IndividualRetirement Arrangements and profit-sharing plans.45

Exempt Organization Business Income Tax Returns, 1991FigureGPercentage Distribution of Exempt Organization Business Income Tax Returns,' byPrincipal Unrelated Business Activity or Industry, Tax Year, 1991..Unrelated debt-financed activities, except rental ofreal estate (3%)Investment activities of section 501(c)(7), (9), (17), or(20) organizations (13%)All otherNot reportedIManufacturina(3%) (5%)Retail trade(10%)Rental of, personal property (3%)Passive Income activities with controlledorganizations (1%)NOTE: Detail may not add to totals because of rounding.Exploited exempt activities(2%)46Within retail trade, carried on by 3,372 exempt organizations,-activities -that were. included. in the. eating and - -drinking places sub-grodp were reported on the majorityof Forms 990-T filed, 65 percent,followed by "miscella-*neous" retail trade, rep6rted on 32 percent of the returns.Three of the main types, of retail activities reported under"miscellaneous" were gift, novelty, 4nd'souvenir shops;-drugstores and proprietary stores; and book stores. Organizationsreporting primary unrelated business activitieswithin the eating and drinking places and "miscellaneous"retail trade sub-groups respectively accounted for 6percent and 4 percent of the $3.4 billion total of grossIJBIreported by all Form 990-T filers.' Organizations operat-'ing eating and drinking places as an unrelated activitymainly were hospitals, golf and country clubs, frat6malorganizations, and veterans' organizations.Of the 12,040 organizations providing various servicesas their primary unrelated activity, 53 percent reportedbusiness services, most'of which was advertising (includingprinting), and another 21 percent reportedamusementand recreation services. Health services and social servicesfollowed, respectively accounting for 1 percent and5 percent of organizations reporting services. In terms ofgross IJBI~ business services accounted for 19 percent ofthe aggregate total. The business service of advertising(including printing) was reported on more returns thanany other single unrelated business activity, 17 percent of,the total, and, in dollau ' terms, its $0.5 billion share of totalgross UBI,'15 percent, was also the largest single primaryactivity; -7he-majority-of organizaitions that-indicated-------advertising as their primary unrelated business activitywere chambers ~of commerce, real estate boards, and awide variety of nonprofit charitable organizations, civicleagues, arid.business leagues. About 8 percent of.totalgross IJBI wag attributable to organizations classified inamusement and recreation services. These types ofactivities were reported mostly by golf and country clubs;civic leagues; social welfare organizations; fraternalorganizations; Veterans' organizations; and nonprofitcharitable*§ocieties, associations, and guilds. 7ḣesenonprofit charitable organizations typically were educationalinstitutions and athletic clubs.'The'health services sub-group. was responsible for 7percent of total gross IJBI; within -this group, the medicallaboratory activity was reported most often and accountedfor 4 percent of , the total gross IJBI reported by all organizations.Organizations reporting some type of he.althservices as their primary:unrelated business activitytypically included hospitals, medical centers, and health.care facilities. Social services contributed about I percentto total gross UBI. A mix of organization types reportedprimar . y unrelated business activities in.the social servicessub*-group; mok' of them were religious organizations"hospitals', schools, fraternal organizations, and veterans'organizations.Investment activiiies of organizations exempt p under

Exempt Organization Business Income Tax Returns, 1991sections 50 1(c)(7), (9), (17), and (20) accounted for 46percent of the 11,862 organizations engaged in unrelatedactivities in the finance, insurance, and real estate industrialgroup. Organizations engaging in real estate activitiesaccounted for another 28 percent, followed by thoseengaged in insurance activities, accounting for 10 percent.These latter two activities are included in the "otherfinance, insurance, and real estate" category. Collectively,the three finance, insurance, and real estate subgroupsmentioned above accounted for 30 percent of thegross UBI reported by all exempt organizations, with eachsub-group separately contributing between 9 percent andI I percent to total gross UBI. The majority of organizationsthat carried on real estate activities were nonprofitcharitable organizations; however, large numbers of civicand business leagues, real estate boards, fraternal organizations,and trusts acting as fiduciary agents for retirementfunds also reported real estate as their primaryunrelated business activity. Most of the organizations thatengaged in unrelated activities in the insurance industrywere county farm bureaus and trade associations.SummaryFor 1991, an estimated 32,690 tax-exempt organizationsreported $3.4 billion in gross income from unrelatedbusiness activities. Nearly half of total gross UBI wasreported by only I percent of these organizations, thosewith gross UBI of $1,000,000 or more. Total deductionstaken against gross UBI amounted to $4.0 billion andresulted in unrelated business taxable income (less deficit)of -$ 0.7 billion. Based on total positive unrelatedbusiness taxable income of $431.1 million, total taxreported was $116.9 million.Five types of organizations collectively accounted formost of the unrelated business activity in terms of grossUBI, total deductions, and total tax. These were thenonprofit charitable organizations exempt under Codesection 501(c)(3); civic leagues and social welfare organizationsexempt under section 501(c)(4); business leagues,chambers of commerce, and real estate boards exemptunder section 501(c)(6); social and recreational clubsexempt under section 501(c)~7); and voluntary employees'beneficiary associations exempt under section501 (c)(9). Together, these organizations accounted for 69percent of all returns filed, 86 percent of gross UBI, 86percent of total deductions, and 88 percent of total taxliability.About 90 percent of all gross UBI was attributable tofive sources. Gross profit (less loss) from sales andservices was the largest source, accounting for 43 percentof gross UBI. This was followed by "other income"(items not specifically required to be reported elsewhereon the return) (20 percent), advertising income (17 percent),income from unrelated debt-financed property (7percent), and investment income of section 501 (c)(7), (9),(17), and (20) organizations (each described in the Appendixto this article) (6 percent).Forty-four percent of organizations reporting grossUBI above the $1,000 filing threshold had positive unrelatedbusiness taxable income. The remaining 56 percentreported zero or a deficit. The $116.9 million of total taxliability was distributed among various types of organizations.Corporate organizations accounted for $70.5 millionof total tax, or 60 percent, and trusts were liable for$46.4 million, or 40 percent. In terms of the InternalRevenue Code sections under which organizations are taxexempt,the nonprofit charitable organizations described insection 501(c)(3) were responsible for the largest share oftotal tax, 35 percent or $40.6 million. They were followedby section 501(c)(9) voluntary employees' beneficiaryassociations, which reported a 3 1 -percent share of totaltax, $36.0 million.Four major industrial groupings, covering 88 percent ofthe organizations that reported unrelated business income,accounted for 93 percent of gross UBI, 192 percent of totaldeductions, and 95 percent of total tax. The four groupingswere manufacturing; services; finance, insurance, andreal estate; and retail trade. Within these industrial classifications,the unrelated business activities that collectivelyproduced a relatively large share of total gross UBI, 77percent, were business services (most of which was advertising,including printing), 19 percent; insurance activities,I I percent; real estate activities, 10 percent; investmentactivities of section 501 (c)(7), (9), (17), and (20) organizations,9 percent; amusement and recreation services, 8percent; health services, 7 percent; operation of eating anddrinking places, 6 percent; "miscellaneous" retail trade, 4percent; and printing and publishing, 3 percent.Data Sources and UmitationsSourmThe statistics in this article are based on a sample of the1991 Form 990-T, Exempt Organization Business IncomeTax Return. The Internal Revenue Service (IRS) requiredorganizations having accounting periods beginning in1991 (and, therefore, ending between December 1991 andNovember 1992) to file a 1991 Form 990-T. Because ofthe various accounting periods of the organizations filing a1991 Form 990-T, the unrelated business financialactivities covered in this article span the period January1991 through November 1992, although the majority ofactivities occurred during Calendar Year 199 1. Thesample included only those returns with gross unrelated 47

Exempt Organization Business Income Tax Returns, 1991business income of $1,000 (the filing threshold) or more.The population from which the 1991 sample wasdrawn consisted of Form 990-T records posted to the IRSBusiness Master File system during 1992 and 1993. Thereturns in the sample were stratified based on the absolutevalue of either gross LJBI.(if the organization reportedgross UBI of $10,000 or less), or net LJBI (if the organizationreported gross UBI over $10,000). For 1991, grossIJBI was-not reported as a single total by organizationsthat had gross IJBI over $ 10,000; rather, detailed componentsof the total were reported separately on the mainpart of the return and associated schedules. Only net LJBI(gross UBI mi nus any deductions directly connected withUBI that were * reported on the return and its attachedschedules) was reported as a total on the Form 990-T.Therefore, for these larger returns, only total net UBI wasinput to the IRS Business Master File system. A sampleof.4,885 returns was selected from a population of 40,950[15]. Sampling rates ranged from 2.9 percent (returnswith an absolute value of grossor net UBI less than$10,000j to 100 percent (returns with an absolute value ofnet UBI of $100,000 or more).1.1mitmonskecau~egross UBI for the larger returns was not readilyavailable as a criterion - - for selecting-- the - sample, - the neta,mount was used. It was possible, therefore, for a returnwith a large amount of gross UBI not to be selectedbecause, after deductions, the net amount was smallenough for it to be subject to sampling at a rate of lessthan 100 percent. ~Research was undertaken for 1989 to determine theextent to which the returns of large organizations, in termsof gross UBI, did not get selected for the Statistics ofIncome (§01) sample because.net UBI was'used as thesampling criterion. If a Form 990-T was not selected forthe sample (net UBI under $100,000) and it was filed byan exempt organization which reported large gross receipts($ 10,000,000 or more) on Form 990, Return ofOrganization Exempt From Income Tax, the Form 990-Twas secured and classified into one of five groups, basedon, size of gross UBI [ 16]. The results of classifying 1, 153such returns are as follows: * under $500,000 -- 1,064returns; $50.0,000 under $1,000,000 -- 26 returns;$1,000,000 under $5,000,000 -- 55 returns; $5,000,000under $10,000,000 5 returns; $ 10,000,000 or more -- 3returns.Of the eight cases within the two largest UBI groups,five had qualified-set-aside deductions which reduced netincome to zero, and three had circulation losses or advertisingcosts which offset gross advertising income to theextent that the resulting net UBI was negative or nearzero. The combined amount of gross LJBI for the eightreturns was $122.1 million,'which was about 4 percent oftotal gross UBI reported for 1989. The research done for1989 was not repeated for 1990 or 1991. Because thesame basic sample design was used for all three years, thenet IJBI sampling criterion presumably effected the 1990and 1991 statistics to a. degree similar to that for 1989.Beginning with Tax Year 1992, net vs. gross LJBI was nolonger an issue for sampling because the Form 990-T wasrevised to require the reporting of total gross.UBI by allorganizations.Only the primary activity code was used in the statisticsto present the types of unrelated business activities forexempt organizations. In addition to the primary activitycode, up to two other codes could have'been reported ifthe organization engaged in more than one unrelatedactivity. However, because income was n6t reportedseparately by activity code if the organization enteredmore than one code, it was not possible to distribute grossLJBI by type of activity when more than one businessactivity was reported. Therefore, where more than onecode was provided, the statistics show all of gross IJBIassigned to the primary code given.The data presented were obtained from returns as_9rqginally filed with the IRS. They, were subjected tocomprehensive testing and correction procedures in orderto improve statistical reliability and validity.. In most'cases, changes made to the original return as a result ofadministrative processing, audit procedures, or a taxpayeramendment, were not incorporated into the data base.Because the data are based on a sample, they aresubject to sampling error. In order to use these statisticsproperly, the magnitude of the sampling error, measuredby the coefficient of variation (CV), should be taken intoaccount. Figure H shows CV's for selected financial data.A discussion ofthe reliability of estimates based onsamples and -methods for evaluating both the magnitude ofsampling and nonsampling error and the precision ofsample estimates can be found in the general Appendix inthis issue.Figure HCoefficents of Variation for Selected FinancialData Items, Tax Year 1991itemgross unrelated business income (UBI) ...........Total deductions ................................................Unrelated business taxable income (UBTI)less deficit .....................................................Total income tax ................................................Coefficient of variation(percentages)2.833.049.153.65

Exempt Organization Business Income Tax Returns, 1991Explanation of Selected TermsAdvertising Income.--Income realized by an exemptorganization from the sale of advertising in a periodicalwas gross income from an unrelated trade or businessactivity involving the "exploitation of an exempt activity,"namely, the circulation and readership of the periodicaldeveloped by producing and distributing the readershipcontent of that periodical. Advertising income wasreported separately from other types of exploited exemptactivity income. (See the definition of Exploited ExemptActivity Income, below.)Capital Gain Net Income.--Generally, organizationsrequired to file Form 990-T (except organizations exemptunder sections 501(c)(7), (9), (17), and (20)), each describedin the Appendix to this article, are not taxed on thenet gains from the sale, exchange, or other disposition ofproperty. However, net capital gains on sales of debtfinancedproperty, certain gains on the cutting of timber(section 1231), and gains on sales of certain depreciableproperty (described in sections 1245, 1250, 1252, 1254,and 1255) were taken into account in computing capitalgain net income.Deductions Directly Connected With Unrelated BusinessIncome.--These were deductions allowed in computingunrelated business taxable income, if they otherwisequalified as income tax deductions under the InternalRevenue Code and if they had a "proximate and primary"relationship to the carrying on of an unrelated trade orbusiness. Exempt organizations with gross unrelatedbusiness income (UBI) above $10,000 were required toreport each deduction component separately. Organizationswith gross UBI between $1,000 (the filing threshold)and $10,000 reported all deductions (both deductionsdirectly connected with UBI and those not directly connected,defined below) as a single total amount, except forthe "specific deduction" (also defined below). Allowabledeductions included those directly connected with rentalof personal property; those allocable to unrelated debtfinancedincome; those directly connected with investmentincome of Code section 50 1 (c)(7), (9), (17), and (20)organizations (each described in the Appendix to thisarticle); those allocable to interest, annuities, royalties, andrents received from controlled organizations; thoseallocable to "exploited exempt activity income" other thanadvertising; direct advertising costs; and deductions forcompensation of officers, directors, and trustees; salariesand wages; repairs; bad debts; interest; taxes; depreciation(not reported elsewhere); depletion; contributions todeferred compensation plans; employee benefit programs;and "other deductions."Deductions Not Directly Connected With UnrelatedBusiness Income.--The component deductions were "setasides,""excess exempt expenses," charitable contributions,and the "specific deduction." The specific deductionwas reported by all organizations; the other types ofdeductions not directly connected with UBI were reportedseparately only by exempt organizations with gross UBIabove $10,000. (See the definitions of Set-asides, ExcessExempt Expenses, and the Specific Deduction, below.)Excess Exempt Expenses.--Two types of "excess"expenses were allowed as a deduction from unrelatedbusiness income: (1) excess exempt expenses attributableto commercial exploitation of exempt activities and, (2)excess exempt expenses attributable to advertising income.In the case of "exploited" exempt activity income(see the definition, below), if the expenses of theorganization's exempt activity exceeded the income fromthe exempt activity, then the excess of exempt expensesover exempt income could be used to offset any positivenet unrelated business income produced from exploitingthe exempt activity, to the extent that it did not result in aloss. Excess expenses of a commercially exploited exemptactivity could not be used to offset income fromanother type of unrelated business activity if the unrelatedactivity did not exploit that particular exempt activity.In the case of excess exempt expenses attributable toadvertising income, if the expenses attributable to producingand distributing the readership content of a periodicalexceeded the circulation income, then the excess of readershipcosts over circulation income could be used tooffset any net gain from advertising (gross advertisingincome less direct advertising costs), to the extent that itdid not result in a loss.Exploited ExemptActivity Income, ExceptAdvertising.—In some cases, exempt activities create goodwill or otherintangibles that are capable of being exploited in a commercialway. When an organization exploited such anintangible in commercial activities that did not contributeimportantly to the accomplishment of an exempt purpose,the income they produced was gross income from anunrelated trade or business. An example of this type ofactivity would be an exempt scientific organization withan excellent reputation in the field of biological researchthat exploits its reputation regularly by selling endorsementsof laboratory equipment to manufacturers.Endorsing laboratory equipment would not have contributedimportantly to the accomplishment of any purpose forwhich tax exemption was granted to the organization.Accordingly, the income from selling such endorsementsis gross unrelated business income. Exploited exerhptactivity income from advertising was, reported separatelyfrom other types of exploited exempt activity income (seethe definition of Advertising Income). 49

Exempt Organization Business Income - - Tak R e *turns '199150Gross Profit (Less Loss)from Sales and Services.--Thiswas the.gross profit (less loss) from any unrelated trade orbusiness regularly carried on that involved the sale ofgoods or performance of services. It did not includeincome from unrelated business activities that were requiredto be reported separately on any of the tax returnschedules. For example, a section 501(c)(7) social clubwould report its gross restaurant and bar receipts frorrinonm6mber§ as gross profit (less loss), but would reportits investment income on the required return schedule.Gross profit (less loss) from sales and services is computedas gross receipts or'sales, less returns and allowances,minus cost of goods sold.Gross Unrelated Business Income, (UBI).--This was- ihetotal gross unrelated business income (see the definition ofUnrelated Business Income), prior to reduction by allow-,able deductions, used in computing unrelated businesstaxable income. - Organizations with gross UBI between'$1,000 (the filing threshold) and $10,000 reported gross-UBFas a single-total-amount.-Organizations with gross--UBI above $10,000 were required to report p detailedsources of gross UBL The components of gross UBI weregross profit (less loss) from sales and services; capital gainnet income; net gain (less loss) from noncaoital assets; netcapital-loss-(trustg-only);- income-(less loss) frompartner- -ships; rental income; unrelated debt-'financed income;investment income (less loss) of Code. section 501 (c)(7),(9), (17), and-(20) -organizations (each described in theAppendix to this article); annuities, interest, rents-, and'royalties from controlled organizations; "exploited exemptactivity" income; advertising income; and "other income.!'Incomefrom Controlled Organizations.--When anexempt organization 'controls another organization, theinterest, annuities, royalties, and rents from the controlledorganization are taxable to the controlling organization ata specified ratio, depending on whether the controlledorganization is exempt or nonexempt.Income (Less Loss)from Partnerships.--If an organizationwas a partner in any partnership that carried on anunrelated trade or business; this was the organization'sshare of partnership gross unrelated business income 16,ssits- share of partnership deductions that were directlyconnected with the unrelated income.Investment Income (Less Loss).-- This item was reportedby organizations exempt.under sections 501(c)(7),(9), (17), and (20) (each described in the Appendix-to thisarticle) and included income such as rents, unrelated debtfinanced.income, and * income from the ownership or saleof securities. Organizations exemptiunder. sections otherthan 501(c)(7), (9), (17), and (20) did not report invest-ment income as a single amount; rather, they were re-quired,to report separately the various types of investmentincome that were considered unrelated business income,such asrents and income from debt-financed property,(See, also, the definition of Set-asides.)Net Capital Los's Deduction (Trusts Only).--If anexempt trust had a net capital loss, it was subject to a$3,000 limitation: Triusts were r*equired to report netcapital losses on Form 990-T as a component of grossunrelated business income.Net Gain (Less Loss), Noncapital Assets.--This was thegain'or loss from, the sale or exchange 'of business prop'-erty, as reported on Form 4797, Sales ofBusiness Property.Property other than capital assets generally includedproperty of a business nature, in contrast to personal andinvestment property which were capital assets.Net Operating' Loss Carryover.--The net operating losscarryover (as provided in Code'section 172) was allowedas a deduction in computing unrelated business taxableincome. However, the net operating loss carryback or-carryover-(allowed-only-to-or-from-a tax-year-for whichthe organization was- subject to tax on unrelated businessincome) was determined without taking into, account anyamount of exemlii-function income or deductions that hadbeen &xcluded from the computation of unrelated business-taxable-income.,T-he-statistics-inthis-article-represent- onlythe'net operating carryover because carrybacks fromfuture years would not be reported on the return as initiallyfiled (they would be reported'on an amended return),which served as the basis for the statistics'Other Deductions.--This included all.types'of unrelatedbusiness deductions, that were not specifically required-tobe reported elsewhere on the tax~return. Examples areprofessional seryicefees, such as financial management,accounting, legal, or consulting; insurance posts (if notemployee-related benefits); equipment costs; mailingcosts;,office,expenses, such asjanitorial services, supplies,or security services; rent; travel expenses;. educationalexpenses; and utilities.-Other Income.-This included all types:of unrelatedbusinessincome that were not specifically required to bereported elsewhere on the tax.return. Examples arereturned contributions that were deducted in prior years,income from insurance activities that was not properly setaside in prior years, recoveries of bad dpbts, and refundsof State or local tax payments, if the payments were.previously reported as. a deduction.kental-Income . --This was ṫhė amount of (I) rents frompersonal property (e.g., computer equipment or furniture)leased with real property, if the rental income from thepersonafproperty,was more than 10 percent, but not morethan 50 percent, of the total rents from all leased property,

Exempt Organization Business Income Tax Returns, 1991or (2) rents from both real property and personal propertyleased with real property if the personal property wasmore than 50 percent of the total rents from all leasedproperty. Except for the second situation covered above,rents from real property generally were excluded incomputing unrelated business taxable income. In addition,rents from personal property that did not exceed 10percent of the total rents from all leased property werealso excluded. These exclusions for rents did not apply tounrelated debt-financed property or rents received from acontrolled organization. (See definitions of Income fromControlled Organizations and Unrelated Debt-financedIncome.)Set-asides.--These amounts were allowed to socialclubs (Code section 501(c)(7)), voluntary employees'beneficiary associations (section 501(c)(9)), supplementalunemployment benefit trusts (section 501(c)(17)), andgroup legal services organizations (section 501(c)(20)) asa deduction from investment income when passive income(generally, investment income) was set aside for one ofthe following described purposes: (1) the passive incomeof section 501 (c)(7), (9), (17), and (20) organizationsgenerally was not taxed if it was set aside to be used forcharitable purposes; (2) in the case of section 501(c)(9),(17), and (20) organizations, passive income was generallynot taxed if it was set aside to provide for the paymentof life, sick, accident, or other benefits. However, anyamounts set aside that exceeded the "qualified assetaccount" limit, as figured under section 419A, were notallowed as a deduction from unrelated business investmentincome; they were treated as taxable investmentincome. A section 419A qualified asset account is anyaccount consisting of assets set aside to provide for thepayment of disability benefits, medical benefits, severancepay benefits, or life insurance benefits.Specific Deduction.--The specific deduction was a$1,000 deduction, considered "not directly connected"with gross unrelated business income, allowed to allorganizations which had positive taxable income after allother types of deductions were taken. If positive taxableincome was less then $1,000, then an organization couldtake a specific deduction equal to its taxable income.Total Tax.--Total tax was the unrelated business incometax less the foreign tax credit, general businesscredit, credit for prior-year minimum tax, and otherallowable credits, plus the tax from recomputing certainprior-year credits ("recapture taxes"), the "alternativeminimum tax," and the environmental tax.Unrelated Business Income.--Income of an exemptorganization that was from a trade or business which wasregularly carried on by the organization and which wasnot substantially related to the performance of theorganization's exempt purpose or function (other than thatthe organization needed the profits derived from theunrelated activity). The term "trade or business" generallycomprised any activity carried on for the production ofincome from selling goods or performing services. Activitiesof producing or distributing goods or performingservices from which gross income was derived did notlose their identity as trades or businesses merely becausethey were carried on within a larger aggregate of similaractivities or within a larger complex of other endeavorsthat may, or may not, have been related to the exemptpurposes of the organization.Unrelated Business Income Tax.--This was the taximposed on unrelated business taxable income (UBTI). Itwas determined based on the corporate or trust tax ratesthat were in effect for the 1991 Tax Year.Unrelated Business Taxable Income (UBTI).--This wasgross income derived from any unrelated trade or businessregularly carried on by an exempt organization, lessdeductions directly connected with carrying on the tradeor business and less other deductions not directly connected(see definitions of Deductions Directly ConnectedWith Unrelated Business Income and Deductions NotDirectly Connected With Unrelated Business Income).Unrelated Debt-financed Income.--Income frominvestment property for which there wasacquisitionindebtedness outstanding at any time during the tax yearwas subject to the unrelated business income (UBI) tax.The percentage of investment income to be included asgross UBI was proportional to the ratio of average acquisitionindebtedness to the average adjusted basis of theproperty. Various types of passive income (generally,investment income) were considered to be unrelated debtfinancedincome, but only if the income arose from propertyacquired or improved with borrowed funds and if theproduction of income was unrelated to the organization'stax-exempt purpose. When any property held for theproduction of income by an organization was disposed ofat a gain during the tax year, and there was acquisitionindebtedness outstanding at any time during the 12-monthperiod prior to the date of disposition, the property wasconsidered debt-financed property and the gain treated asunrelated debt-financed income. Income from debtfinancedproperty did not include rents from personalproperty (e.g., computers or furniture leased with realproperty), certain passive income from controlled organizations,and other amounts that were otherwise included incomputing unrelated business taxable income.51

Exempt Organization Business Income Tax Returns, 199152Notes and References[11 Based on a total of 1,053,407 exempt organizationsreported in the Internal Revenue Service AnnualReport, Fiscal Year 199 1. The total excludes farmers'cooperatives,and nonexempt charitable trusts treatedas exempt organizations, which do not report tax onthe Form 990-T. Also, the total is understatedbecause it excludes churches, exempt under section501(c~(3), which did not formally request recognitionof tax exemption (because they are not required to doso unless they wish to'obtain an IRS ruling). However,these churches are required to file Form 990-T ifthey havc~unrelate~d'business income. Because of theunderstatement of the total number of exemptorganizations, the proportion of all exempt organizationsthat filed a Form 990-T is lower than 3 percent.[21 Returns filed by organizations with gross unrelatedbusiness income (UBI) below the filing requirementthreshold (less than $1,000) are excluded fro , in thestatistics presented in this article.[31For the most recent annual data on tax-exemptorganizations, see Hilgert, Cecelia, "Charities andOther Tax-Exempt Organizations, 1990," Statistics ofIncome Bulletin-, Fall -1 994;-Volume 14 Number 2-,-pp. 132-138, and Nutter, Sarah, "Private'Foundationsand Charitable Trusts, 1991," Statistics ofIncomeBulletin, Winter 199471995, Volume 14, Number 3,pp. 141-16 1. Other data on tax-:exempt organizationsand charitable giving for the years 1974-1992 havebeen published in Internal Revenue Service, Statisticsof Income, Compendium ofStudies of Tax-ExemptOrganizations, 1974-1987, and Compendium ofStudies of Tax-Exempt Organizations, 1986-1992,Volume 2.[4] The term "charitable" refers to tax-exempt activitieswhich are charitable, educational, scientific, social,literary or religious in nature.[51 Statistics contained in this article on exempt trusts andexempt corporations filing Form 990-T are fromunpublished Statistics of Income tabulations.[6] Churches, which are tax-exempt under Code section501(c)(3), are not required to apply for recognition ofexempti on unless they wish to obtain an IRS ruling.These organizations must file a Form 990-T if theyhave unrelated business income, but they are notrequired to file the annual IRS information return,Form 990, Return ofOrganization Exempt FromIncome Tax.[7] For detailed information on unrelated business incometax provisions, see Internal Revenue Service, Tax onUnrelated Business Income of Exempt Organizations,Publication i 598 (Rev. 11/87).[81 Set-asides were not reported by section 501(c)(3), (4),or (6) organizations. They were a deduction allowedonly to section 501(c)(7), (9), (17), and (20) organizations(see the Appendix to this article for a descriptionof these organizations). For 1991, set-asides werereported only by section 501 (c)(7) and (9) organizations,with the section 501(c)(9) organizationsaccounting for 98 percent of the total.191 Detail does not add to total because of rounding.[101 Ibid.[11] Statistics cited here on salaries and wages are fororganizations that had gross UBI greater than$10,000 and were therefore required to reportdetailed deduction items. Organizations with $10,000or less of gross UBI were required to report a singleamount of total deductions and the specific deductiononly. Also, the salaries and wages deduction issomewhat understated because this type of deductionalso was included in cost of sales and services and inthe lump-sum deductions reported on the variousincome schedules~ to the tax return and, therefore,could not be tabulated separately. However, deductionsfor salaries and wages for the 501(c)(9)organizations were relatively small, regardless ofwhere they were reported.[12] The total of 160 industry classifications were combinedto form the 10 major groupings shown in Table,5. See Office of Management and Budget, StandardIndustrial Classification Manual, 1972 and 1987,which list all of the 47digit industry codes used byForm 990-T filers, except for the five additionalcategories that reflected certain provisions of theInternal Revenue, Code pertaining to exempt organizations.[13] When an exempt organization commercially "exploits"the goodwill or other intangibles that arecreated by its exempt activities, and the commercialactivities do not contribute significantly to theaccomplishment of its exempt-purpose functions, theincome generated by the commercial activities isconsidered "exploited exempt activity income" and issubject to the UBI tax. Examples of exploitedexempt activities would be product endorsements andthe sale of commercial advertising in a publication

Exempt Organization Business Income Tax Returns, 1991that is printed to promote the exempt purpose of anorganization. (See the definitions of AdvertisingIncome and Exploited Exempt Activity Income inthe Explanation of Selected Terms section.)C 14] Most of the data in this section on industry subgroupsare from unpublished Statistics of Incometabulations.151 After excluding returns that were selected for thesample but had gross UBI below the $1,000 filingthreshold, were filed only to claim a refund, or werefiled for a tax year other than 1991, the estimatedpopulation was 32,690.[16] It was assumed that gross UBI reported by anexempt organization on Form 990-T could never bemore than gross receipts reported by the organizationon Form 990 because gross receipts includes bothrelated, exempt function income and unrelatedbusiness income. Securing the Form 990-T filed byan organization which had gross receipts of$10,000,000 or more ensured that any Form 990-Twhich reported gross UBI of $10,000,000 or moreand was not selected for the sample would beincluded in the classification.53

Exempt Organization Business Income Tax Returns, 1991 -Table l.-'OrganizAṫio'hs with WossUnr6lat6d Business Income (UBI) of $1,000 or More: Nuiber'ofReturns,:Giross UBI, Total be' ductibris, Unrelated Business Taxable Income (UBTI) Less Def.icit*an.dTotal Income Tax, by Internal Revenue Code Section[All data are estimates based on samples-money amounts are in thousands of dollars]Gross Total Unrelated business taxable TotalNumber unrelated deductions' income (UBTI) less deficit income tax 2Internal Revenue- of businessCode section returns income Number Number Number(UBI) Of Amount 18Of Amount Of Amountreturns returns returns(1) '(2) (3) 4 (5) (6) (7) (8)All sections, total........ 32,690 .3,384,698 32,136 4,047,183 .28,013 -662,487 13,905 116,933401 (a) ... .............. ; ............... .748. 29,091 722 17,386 713 11,705 576 5,042408(e) .....3,117 18,108 3,117 15.775 2,690 2,332 1,212 1,291501(c)(2).............. ......-* f ............... 175 38,230 '175 54,896 174 -16,666 72~ *487501(c)(3) .................. : ...... 7,846 1,642,601 7,640 2,080,104 7,174 -437,503 2,896 40,586501(c)(4) .............................. 196,139 1,730 281,455 1,514 -85,316 566 2,462501 (c) (5) ............................ 2,061 115,30 2,67 1,729 -32.590 683 1,424501(c)(6) ....................; ............ 5,596 -602,123 5,596 735,352 4,248 -133.229 1,09 11,403501(c)(7) .............................. 6,757* 264,345 6,555 267,445 6,026 -3,101 4,756 12,537'501(c)(8) .............................. 1,01.3 43,910, 1.013 57,094 782 -13,184 436 764501(c)(9) ....... ....................... 701.. 701 92,725 369 110.734 275 36,032501(c)(10) .............................. 314- 9,54o 314, 14,671 279 -5,1311 107 142_~01(001) .......... : ................ -- ---501(c)(12) ............................ .125, .1111,087- 90 12,532 -124. i-1,445' *44.- *7075011(c)(`!~) ............................ -49 .-2,246 .49' *20.652 '!49 *-118~,409 -6.. .*14501(c)(14) ............................ *110 *5,595"'. *110 *9,574 *110, *-3,979*102 *1 12501(c)(15) ....... ! ..................... *7 W5 *7. *512 *7 ._W501(c)(16) .............................501(c)(17) ...... ..............W- 1 Cc ...... ... *25 *146 *25 *334 h:i4 , _ ;96501(c)(19) ............................ .1,398 86,676 -1,398 101,986 1,277 .15,310 486 792501(c)(20) ............................ *36 *339 *36 W9 -7561(c)(21) .......... : .....................501(c)(22) ................ :.............501(c)(23) ............................501 ........... *99 *99 *8,605 *99 *-4,849 *97 *276501 (c)(25) .....................501 (e)..: ........ ........................501 (f) ......................... ...........Section riot reported ...... !..... . 751 54,099 714 72,136 617 -18,037 363 2,251should be used with c, . aution because of the small number of siimple returns on which it is based.**Data deleted to avoid disclosure of information for specific taxpayers. However. data are included in the appropriate totals.I Excludes cost of sales'and services, which was ~not included on the return aia component of total deductions. It was subtracted from gross receipts in computing gross profit fromsales and services, reported as a gross income component. Cost of sales and services can include amounts attributable to depreciation, salaries and wages; and other deductible hems.Total tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit, general business credit, poor-year minimurn tax credit, and other allowablecredits), plus taxes from recapture of certain prior-year credits, the "alternative minimum tax,* and the environmental taxNOTE: Detail may not add to totals because of rounding.54

Exempt Organization Business Income Tax Returns, 1991Table 2.-Organizations with Gross Unrelated Business Income (UBI) of $1,000 or More: Number ofReturns, Gross UBI, Total Deductions, Unrelated Business Taxable Income (UBTQ Less Deficit andTotal Income Tax, by Size of Gross UBI[All data are estimates based on samples--money amounts are in thousands of dollars]Gross Total Unrelated business taxable TotalNumber unrelated deductions I income (UBTI) less deficit income tax 2Size of gross unrelated of businessbusiness income (UBI) returns income Number Number Number(UBQ Of Amount Of Amount Of Amountreturns returns returns(1) (2) (3) (4) (5) (6) (7) (8)Total........................................... 32,690 3,384,698 32,136 4,047,183 28,013 -662,487 13,905 116,933$1,000 under $10,001 3.................. 14,819 60,392 14,464 92,431 12,023 -32,039 6,607 2,370$10,001 under $100,000 3 .............. 12,987 454,243 12,794 603,381 11,550 -149,140 5.369 13,132$100,000 under $500,000 .............. 3,930 845,957 3,924 1,165,458 3,584 -319,501 1,584 18,863$500,000 under $1,000,000........... 521 360,311 521 458,160 437 -97,850 177 7,642$1,000,000 under $5,000,000........ 381 737,127 381 895,540 372 -158,413 145 21,552$5,000,000 or more ........................ 52 , 926,669 52 , 832,213 48 94,456 23 53,374I Excludes cost of sales and services, which was not included on the return as a component of total deductions. 11 was subtracted from gross receipts in computing gross profit fromsales and services, reported as a gross Income component. Cost of sales and services ran Include amounts attributable to depreciation, salaries and wages, and other deductible items.2 Total tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit general business crack, prior-year minimum tax credit and other allowablecredits), plus taxes from recapture of certain prior-year credits, the 'alternative minimum tax,' and the environmental tax.3 Organizations with gross UBI between $1,000 (the filing threshold) and $10,000 were required to report only a total for gross UBI and for deductions (except for the specific deduction,which all organizations reported separately). Organizations with gross UBI over $10,000 were required to report each Income and deduction Item separately, as shown in Tables 6 and 7.NOTE: Detail may not add to totals because of rounding.Table 3.-Organizations with Gross Unrelated Business income (UBI) of $1,000 or More: Number ofReturns, Gross UBI, Total Deductions, Unrelated Business Taxable Income (UBTQ Less Deficit andTotal Income Tax, by Size of UBTI[All data are estimates based on samples--money amounts are in thousands of dollars]Gross Total Unrelated business taxable TotalNumber unrelated deductions' income (UBTQ less deficit income tax 2Size of unrelated business Of businesstaxable income (UBTI) returns income Number Number Number(UBI) Of Amount Of Amount Of Amountreturns returns returns(1) (2) (3) (4) (5) (6) (7) (8)Total ........................................... 32,690 3,384,698 32,136 4,047,183 28,013 -662,487 13,905 116,933Deficit ............................................. 13,630 1,635,735 13,630 2,729,365 13,630 -1,093,630 78 179Zero ................................................ 4,677 262,273 4,677 262,272 6 234$1 under $1,000 .............................. 3,068 39,127 3,068 37,666 3,068 1,460 2,696 205$1,000 under $10,000 .................... 7,153 162,913 6,798 134.209 7,153 28,704 6,970 4,338$10,000 under $100,000 ................ 3,732 481,591 3,539 375.635 3,732 105,955 3,725 18,704$100,000 under $500,000 .............. 365 230,496 359 162,100 365 68,396 363 19,926$500,000 under $1,000,000 ........... 30 50,253 30 28,462 30 21,791 30 7,059$1,000,000 or more .........a a a * a M a a 6 a * * V0 e 1 36 522,312 36 317,474 1 36 1 204,838 1 36 1 66,287i Excludes cost of sales and services, which was not included on the rebim as a component of total deductions. It was subtracted from gross receipts in computing gross profit fromsales and services, reported as a gross income component. Cost of sales and services can include amounts attributable to depreciaton, salaries and wages, and other deductible items.2 Total tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit general business credit, prior-year minimum tax credit, and other allowablecredits), plus taxes from recapture of certain prior-year credits, the "alternative minimum tax,' and the environmental tax.NOTE: Detail may not add to totals because of rounding.55

Exempt Organizati6-n Business Income Tax Returns, 1991Table 4.-Organizations with Positive Gross Unrelated Business Taxable Income (UBTI): Number. of,Returns, Gross Unrelated Business Income (UBI), Total Deductions, Unrelated Business Taxable.Income (UBTI), and Total Income Tax, bV Size of Gross UBI[All data are estimates based on samples-money amounts are in. thousands of dollars]Gross Total Unrelated business TotalNumber unrelated deductions taxable income (UBTI) income tax 2Size of gross unrelated of businessbusiness income (UBI) returns income Number Number Number(UBI) Of Amoun t Of Amount of -Amountreturns. returns returns(1) (2) (3) (4) (5) (6) (7) (8)Total.....14,384 1,486,690 13,829 1,055,5" 14,384 431,143 13,820 116,520$1,000 uZ.r ii .....................................................0,001 37,1 04 27,644 6,749 11,563 7,104 16,081 6,607 2,370$10,001 under $100,000 3 ...................................... 5,382 189.212 5.189 114,892 5,382 74,319 5,344 13,125$100,000 under $500,000...................................... 1.545 307,642 1,539 225,760 1,545 81,882 1,534 18.789$500,000 under $1,000,000 ................................... 185 128,317 185 101,426 -185 26,891 175 7,632$1 000,000 under $5,000,000 ................................ 147 299,837 147 231,710 147 68,127 140 21,452$5:000,000 or more............................................ I ...... 21 .534,038 .21 370,195 21 163,844 21 1 53,152I Excluifes cost of sales and sentioes, which was not Included on the return as a compon nt of total deductions. It was subtracted from gross receipts in computing gross profit fromsales and services, reported as a gross income component. Cost of sales and services can Include amounts attributable to depreciation, salaries and wages. and otherdeductible items.Total tax Is the regular unrelated business Income tax after reduction by any.tax credits (foreign tax credit, general busln6ss credt. pifor-year minimum tax Predit,and other allowablecredits), plus taxes from recapture of certain pd6r-year credits, the 'aftemafiv~ minimum tax.'afid the environmental tax.-3 Organizations with-gross UBI between $1-,000 (the filing threshold) and $1 0,00W~requ"d to meponcintvatotall foi~gross UBI-and for dedfuctions(excep-t f®r the-spacific-de-duotic-n,which all organizations reported separatety). Organizations with gross USI over $10,000 were required to report each income Rem and deduction separately, as shown in Tables 6 and 7.NOTIE: Detail my riot add to totals because of rounding..56

Exempt Organization Business Income Tax Returns, 199 1.Table 5.-Organizations with Gross Unrelated Business Income (UBI) of $1,000 or More: Number ofReturns, Gross UBI, Total Deductions, Unrelated Business Taxable Income (UBTI) Less Deficit andTotal Income Tax, by Unrelated Business Activity or Industrial Grouping[All data are estimates based on samples-money amounts are in thousands of dollars]Gross Total Unrelated business taxable TotalNumber unrelated deductions income (UBTI) less deficit income tax 2Unrelated business activity Of businessor industrial grouping returns income Number Number Number(UBI) of Amount of Amount of AmountIreturns returns I re urns(1) (2) (3) (4) (5) (6) M (8)All activities and groupings, total ................ 32,690 3,384,698 32,136 4,047,183 28,013 -662,487 13,905 116,933Agriculture, forestry, and fishing ......................... 312 15.689 312 41,118 275 -25,428 64 324Mining .................................................................. 253 9,059 253 11,930 218 -2,871 127 1,006Construction........................................................ *13 -1,331 *13 *536 *7 *794 *7 *241Manufacturing ...................................................... 1.495 117,765 1,495 123,729 1,241 -5,964 286 7,097Transportation and public utilities ........................ 259 61,680 258 71,717 255 -10,036 180 1,223Wholesale trade ................................................... *170 -1,908 *170 -3,031 *169 -~ 1. 123 '72 *88Retail trade.......................................................... 3.372 368,320 3,372 510,532 3,178 -142,212 1.563 4.241Services............................................................... 12,040 1,511.965 11,945 1,952,238 9,908 -440,274 3,674 21.976Finance, insurance, and real estate, total ............ 11,862 1,136,852 11,525 1,120,584 10,329 16,266 6,440 77,391Unrelated debt-financed activity,except rental of real estate .......................... 899 72,973 862 61,422 898 11,551 646 8,665Investment activities of Code section501 (c)(7), (9), (17), and (20) organizations.. 4,322 291,645 4.156 164,528 3,517 127,116 3,076 42,712Rental of personal property ............................. 989 34,314 953 54,657 910 -20,344 585 613Passive income activities withcontrolled organizations............................... 192 19,794 168 24,874 190 -5,079 120 574Other finance, insurance,and real estate............................................. 5,460 718,126 5.386 815,103 4,814 -96,978 2,013 24,827Exploited exempt activities...........................526 47,332 526 62,190 473 -14,858 245 1,070Not allocable ................................................. .:......1 2,388 1 112,798 1 2,267 1 149,579 1 1,960 1 -36,781 1 1,248 1 2,277Estimate should be used with caution because of the small number of sample returns on which it is based.Excludes cost of sales and services, which was not included on the return as a component of totall deductions. It was subtracted from gross receipts in cornputing gross profit fromsales and services. reported as a gross income component. Cost of sales and services can include amounts attributable to depreciation, salaries and wages, and other deductible dams.2 Total tax is the regular unrelated business Income tax after reduction by any tax credits (foreign tax credit. general business credit, prior-year minimum tax credit, and other allowablecredits), plus taxes from recaphire of certain prior-year credits, the *alternative minimum tax,' and the environmental tax.NOTE: Dotal may not add to totals because of rounding.57

Exempt Organizaition Business Income Tax Returns, 1991~'Tabie-6.-Orqanlzations with Gross Unrelated Business Income (UBI) of $1,000 or More: Sources ofGross UBI, by Size of Gross UBI(All data are estimates based on samples--money amounts are in thousands of dollars]Gross unrelated business income (UBI)Size of gross unrelatedbusiness income (UBI)Total ................................... ........... ...........$1,000 under $10,001 1 ............ * .......................$10,001 under $100,000 1 ...............................$100,000 under $500,000...............................$500,000 under $1,ODO,000............................$1,000,600 under $5,000,000 ............. -1 ........$5,000,000 or'more.........................................Totalnumberofreturns(1)32,690-14,81912,9873,93052138152Total grossunrelatedbusinessincome (UBI)(2)3,3K69860,392454,243845,957360,311737,127926,669Organizations vvith grossUBI,of $10,000 or lessNumberOfreturns(3)GrossUBI(4)60,39260,392Gross unrelated business income (UBI)-- ContinuedOrganizations vAth gross UBI over $10,000 1--ConfinuedNumberofreturns(5)17,87112,9873,930521381 .52Organizationsvvith gross UBIover $10,000TotalAmount(6)-454,243.845,957.360,311926,669Size of gross unrelatedb6siness'in~ " e (UBI)?O~mTotal ................................... .........................$1,000 under $10,001 1 ...................................$10,001 under $100,000 ...................... .........$100,000 under $500,000...............................$500,000 under $1,000,000............................$1,000,000 under $5,000,000 .........................$5,000,000 or more ........................................Gross profit (less, loss),from sales and serAces ,NumberofreturnsL7)9,3125,9912,72334323025AmountL8)1,418,634195,723476,836180,503334,558231,015NumberreturnsM249147727167Capital gainnet income--Amount-(10)72,0922,1125,8491,983.10,68551,463Gross unrelated business income (UBI)--ContInuedNumberof.returns"1Net capital loss(trusts only)-Amount--(12)24-1212Organizations vAth gross UB1 over $10,000 1--ContinuedSize of gross unrelatedbusiness income (UBI)Total............ *...............................................$1,000 under $10,001 1 ...................................$10,001 under $100,000 ................................$100,000 under $500,000 ...............................$500,000 under $1,060,000 ............................$1,000,000 under, $5,000,000..........................$5,ODO,000 or more ........................................Footnotes at end of table.Net gain (less loss),non-capital assets 2NumberofreturnsC1 3)215-1404812123AmountIJ1 4)5,2337954466851,7611,545Numberofreturns(15)613Income (less loss)from. partnerships49275112311Amount(16)27,8129,8794,9423958,6703,925Numberofreturns(17)1,9651,51938426333Rentalincome 3Amount(18)96,80827,38538,0665,69317,6518,01358 1

Exempt Organization Business Income Tax Returns, 1991Table 6.-Organizations with Gross Unrelated Business Income (UBI) of $1,000 or More: Sources ofGross UBI, by Size of Gross UBI--Continued[All data are estimates based on samples--money amounts are in thousands of dollars]Size of gross unrelatedbusiness income (UBI)Gross unrelated business income (UBI)-- ContinuedOrganizations with gross UBI over $10,000 '--ContinuedUnrelated debt- Investment income Income from(less IOSS)4financed incomecontrolled organizationsNumber Number NumberOf Amount Of Amount Of Amountreturns returns returns(19) (20) (21) (22) (23) (24)Total ........................................................... 1,514 222,840 2,715 198,455 484 33,638$ 1,000 under $10,001 1 ................................... - - -$10,001 under$100,000 ................................ 1,025 23.131 1.923 30,114 275 5,362$100,000 under $500,000 ............................... 337 51,274 692 43,814 157 8,145$500,000 under $1,000,000 ............................ 71 19,494 73 29,304 24 4,090$1,000,000 under $5,000,000 ......................... 63 67,076 20 27,496 23 8,889$5,000,000 or more ........................................ 18 61,864 8 67,728 5 7,152Gross unrelated business income (UBI)-- ContinuedOrganizations with gross UBI over $10,000 '--ContinuedExploited exempt activity Advertising Other incomeSize of gross unrelated income, except advertising income (less loss)business income (UBI)Number Number Numberof Amount Of Amount of Amountreturns returns returns(25) (26) (27) (28) (29) (30)Total ........................................................... 545 40,118 4,216 561,824 4,527 646,878$1,000 under $10,001 1 ................................... -$10,001 under $100,000 1 ............................... 412 8,734 3,194 88,526 3,212 62,481$100,000 under $500,000 ............................... 90 14,584 723 111,675 1,058 90,337$500,000 under $1,000,000 ............................ 6 1,869 164 T7,509 135 38,785$1,000,000 under $5,000,000 ......................... 33 13,182 122 153,007 106 94,162$5,000,000 or more ........................................ 1 411,748 1 13 131,106 17 361,113I Organizations with gross UBI between $1,000 (the filing threshold) and $10,000 were required to report only a total for gross UBI. Organizations with gross UBI over $10,000 wererequired to report each income Item, as shown in columns 7 through 30.2 Property other than capital assets generally included property of a business nature, in contrast to personal and investment property which were capital assets.3 Income from real property and personal property leased with real property.4 Reported by internal Revenue Code section 501 (c)(7), (9), (17), and (20) organizations only.I Annuities, interest rents, and royalties.NOTE: Detail may not add to totals because of rounding.59

Exempt Organization Business Income Tax Returns, 1991.Table 7.-Organizations with Gross Unrelated Business Income (UBQ of $1,000 or More: Types ofDeductions, by Size of Gross'IJBI[All data are estimates based on samples--money amounts are in thousands of dollars]Organizations with grossOrganizations with grossTotal unrelated business income unrelated business IncomeTotal deductions (UBQ of $10,000 or less (USI) over $10,000 2Size of gross unrelated number Total Specific Totalbusiness income (UBI) of deductions, deduction deductionsreturns Number Number Number Numberof Amount Of Amount of Amount of Amountreturns rebjms returns rehims(1) (2) (3) (4) (5) (6) (7) (a)Total ............................................. 32,690 $1,000 under $10,001 2 .................... 32,136 4,047,183 14,464 2,43114,819 14,464 8,382 7,568 17,672 3,054,75292.431 14,464 : 2,431 8,382$10,001 under $100,0002................ '12,987 12,794 7,568603,381 - 12,794 603.381$100,ODO under $500,000.: .............. 3.930 3,924 1,165,458 3,924 1,165,458$500,000 under $1,000,000............. 521 521 458,160 521 458.160$1,000,000 under $5,000,000 .......... 381 381 895,540 381 895,540$5.000,000 of more.......................... 52 52 1 832,213 52 832213Organizations with g ross unrelated business incorna (U B 1) over $10,000 2-ContinuedDeductions directly connected with UBIAllocable to. Allocable to unrelated Allocable toSize of gross unrelated Total rental debt-financed investmentbusiness income (1.181) income incom a 3 Income 3~4Number Number Number Numberof Amount Of Amount of Amount of Amountreturns returns returns returns(10) (11) (12) (13) (14) (15) (16) (17)Total........................................................................ 16,614 3,744,370 405 38,312 1,423 256,008 644 6,526$ 1,000 u nder $10,001 2 ............................................... ~ : :,:* - - - - -$10,001 under $100,000 2.................. :........................ 11,899 563,673 245 5,752 953 27,896 339 1,156A100,QQ0 under $500,000 ............................................ _____3,809_ -1,123,619 _____143_ __26.41)6 - 323 54,198- --272-- ---2,542.___- -$500,000 under $1,000,000 ......................................... 480 .401,827 4 5~r, 69 24,229 191288$1,000,000 under $5,000,000 ............................ . . . 375 854016 60 67,875113594$5,000,000 or more 50 801:2355,629118 3 1,946LmOrganizations with gross unrelated business income (1JBQ over $10,000 2-ConfinuedrDeductions directly connected with UBI-ContinuedAllocable to income Allocable to exploited Direct Compensation ofSize of gross unrelated from controlled exampt-activity income, . advertising officers, directors,business income (UBI) organizations s except advertising 2 Costs 3 and trusteesNumber Number Number Numberof Amount Of Amount of Amount of Amountreturns retums returns returns(18). (19) (20) (21) (22) (23) (24) (25)Total................. ............. 247 20,812 476 31;203 3,804$1,000 under $1 O,Z~ '* 413,948 1,633 29,445$10,001 under $100,0002 ................ -1.846 348 5.746 2,933 76,488 1,100 9,407$100,000 under $500,000........... o....................... 105 5,037 89 12.899 638 92,690 407 9,299$500,000 under $1,000.000... ................................... 10 2,395 5 1,324 160 41,844 71 3,306$1,000,000 under K000,000 .......... ooo o .......... 11 ~53430 . 10,074 120 113,760 43 3 . 359$5,000,000 or more..........................................4 1 1,160 1 13 89,164 12 1 4,074Organizations with gross unrelated business Income (UBI) over $10,000 2-ConfinuedDeductions directly connected with UBI-ContinuedSize of gross unrelated Salaries and wages Repairs Bad debts Interestbusiness income (UBI)Number Number Number Numberof Amount Of Amount Of Amount of Amountreturns returns returns returns(26) (27) (28) (29) (30) (31) (32) (33)Total ................... ............................ ........................ 8,644 811,482 5,853 41,046 678 13,208 2,522 49,481$1,000 under $10,001 2 ............. 00 ........................ - - - - - -$10,001 under $100.0002 ........................................... 5,483 90,796 3.931 10,703 342 255 1,451 4,802$100,000 u nder $500,000............................................ 2,563 207,720 1,565 15.075 226 1,073 898 20,515$500,000 under $1,000,000.................. o ...................... 355 73,692 207 5,605 50 1,414 89 4,380$1,000,000 under $5,000,000., ....o ............................... 216 131.355 134 6,469 52 4,364 70 8,19460$5,000,000 or more ........................................... 126 107,919 16 1 3,194 8 6,102 14 11.590Footnotes at and of table.

Exempt Organization Business Income Tax Returns, 1991Table 7.-Organizations with Gross Unrelated Business Income (UBI) of $1,000 or More: Types ofDeductions, by Size of Gross UBI-Continued[All data are estimates based on samples--money amounts are in thousands of dollarslOrganizations with gross unrelated business Income (UBQ over $10,000 2-ConfinuedDeductions directly connected with 1.181--ContinuedContributionsSize of gross unrelated Taxes paid deduction Depreciation Depletion to deferredbusiness income (UBI)compensation plansNumber Number Number NumberOf Amount Of Amount Of Amount Of Amountreturns reftims returns returns(34) (35) (36) (37) (38) (39) (40) (41)Total................................................ 8,993 106,071 6,184 92,402 89 2,891 ON 10,763$1 0,001 Wo Under $10,001 2....................... - - - - - - - -$1 - under $100,000 2 ................... 6,360 25,419 4,067 17,600 *432 472 346$100 ODO under $500,000................... 2,187 41,773 1.673 29.387 22 736 311 2,413$500:ODO under $1,000,000 ................ 262 12,339 222 10,714 3 1,148 36 717$1,D00,000 under $5,000,000 ............. 156 12038 177 19,122 5 575 26 616$5,000,000 or more ............................. 28 14:501 25 15,5W - -IIa 6,671Organizations with gross unrelated b isiness income (UBQ over $10,000 2-ContinuedDed ions directly connected with UBI-Continued Deductions not directlyContributions Not operating connected with UBISize of gross unrelated to employee loss Other deductionsbusiness income (1,1131) benefit programs carryover TotafNumber Number Number NumberOf Amount Of Amount Of Amount Of Amountreturns returns retums returns(42) (43) (44) (45) (46) (47) (48) (49)Total ................................................ 3,018 63,441 4,6W 767,815 11,705 11,1191k617 9,194 210,362$1,000 under $10,001 2 ....................... - - - - - - - -$1 0,001 under $100,000 2................... 1,619 4.512 2,924 159,624 7,887. 120,894 6,888 39,708$100,000 under $SW,000................... 1,083 14,964 1,425 291,445 3,111 295,"S 1,841 41,839$500,000 under $1,000,000................ 166 6,799 174 93,494 398 117,615 271 56.334$1,0D0.000 under $5,0D0,00o.......... 131 17.534 143 169,893 271 276,972 164 41,524$5,000,000 or more.......... ............ . 19 19,633 1 20 43,359 37 388,591 29 30,978Organizations with gross unrelated business Income (UBQ over $10,000 2-ContinuedDeductions not directly acted with 1.1131--ContinuedSize of gross unrelated Specific deduction Contributions Set-asIdea4 Excess exempt expensesbusiness income (1.1131)Number Number Number NumberOf Amount Of Amount Of Amount Of Amountreturns returns returns returns(50) (51) (52) (53) (54) (55) (56) (57)Total . .............................................. 7,321 7,210 1,W4 33,617 337 66,478 1.6n 11113,11"$1,0W under $10,001 2 .......................- - - - - - - -$10,001 under $100,0002 ................... 5,535 5,442 877 16,390 208 5.638 1,156 12,238$100,000 under $5W,DOO................... 1,478 1,464 251 5,22D 83 14,718 341 20,436$500,000 under $1,000,000................ 157 154 33 863 40 22,267 88 33,D49$1,ODO,000 under $5,000,000 ............. 129 129 30 2.9876 13,855 77 34,476$5.000,000 or more .......................... 21 21 13 8,156 9 12,879*Estimate should be used with caution because of the small number of sample returns on which it is based.I Excludes cost of sales and services, which was not Included on the return as a component of total deductions. it was subtracted from gross receipts In computing gross profit fromsales and services, reported as a gross income component. Cost of sales and services can include amounts attributable to depreciation, salaries and wages, and other deductible Items.2 Organizations with gross UBI between $1,0D0 (the filing threshold) and $10,000 were required to report only a total for deductions (except for the specific deduction, which allorganizations reported separately). Organizations with gross UBI over $10,000 were required lo report each deduction separately, as shown In columns 12 through 57.3 This deduction was required to be reported as a lump-sum total only and may ha%e Included component deductions that were of the same type shown elsewhere in this table. Forexample, if deductions *allocable to rental income* Included depreciation, then that amount of depreciation would riot be Included In the separately reported item, *depreciation! Therefore,the total amount shown for some of the separately reported deductions may be understated.4 Reported by Internal Revenue Code section 501(c)(7), (9), (17). and (20) organizations onty~NOTE: Detail may not add to totals because of rounding.61

Exempt Organization Business Income Tax ReMms, 1991AppendixTypes of Exempt Organizations Subject to the.Unrelated Business Income Tax ProvisionsIRCseWon401(a)Description oforganizationQualified pension, profit sharing, and stock bonus plansIndividual Retirement ArrangementsGeneral nature of activitiesFiduciary agent for pension, profit sharing, or stockbonus. plans(2)Fiduciary agent 6ri retirement funds(5)(7)(8)(9)(10)(12)(13)Title holding corporations for exempt organizationsReligiodsi educational, charitable, scientific, or literaryorganizations; testing for public safety organizations.Also, organizations preventing cruelty to children orknimah, or fostering national or 'international amateursports competitionCivic'16agties, 'social welfare organizations, and localassociationsof employeesLabor, agricultural, and horticultural organizationsBusiness, leagues,-, chambers of commerce, mal estateboards, and like organizationsSocial and recreational.clubsFraternal beneficiary societies and associationsVolunfiry'eifililoyees' beneficiary associations (includingFederalIemployees' voluntary, beneficiary associationsfornie'r, I-I j . covered .by section, 501(c)(10))Domestic fraternal societies and associationsTeachers' retirement fund associationsBenevolent life insurance associations, mutual ditch orirrigation companies, mutual or cooperative telephonecompanies, and like organizationsCemetery companiesHolding title to property for exempt organizationsActivities of a nature im plied by the descriptionofthe .dam of organizationIPromotion ofcommunity welfare, charitable,educational, or recreational activities-Educational or instructive groups whose purpose is toimprove conditions of work, products, and efficiencyImproving conditions in one or more lines of businessPleasure, recreation, and social activitiesLedge providing for payment of life, sickness, accident,or other benefits to mein hersProviding for payment of life, sickness, accident, orother benefits to membersLodges,societies, or associations devoting their netearnings to charitable, fraternal, and other'specifiedpurposes, without life, sickness,, or accident benefits tomembersFiduciary associati6n prov'ld~ing for payment ofretirement benefits ''Activities ofamutually beneficial nature hinplied bythe description ofthe class oforganizationArranging for burials and incidental related activities(14)State chartered credit unions and mutual reserve fundsProviding loans to members62

Exempt Organization Business Income Tax Returns, 1991AppendixTypes of Exempt Organizations Subject to the Unrelated Business Income Tax Provisions-ContinuedIRCsection501(c)(15)Description oforganization(1)Mutual insurance companies or associations other thanfife, if written premium.- for the year do not exceedS350,000General nature ofactivities(2)Providing insurance to members, substantially at cost(16)Corporations organized to finance crop operationsFinancing crop operations in corijunction withactivities of a marketing or purchasing association(17)(18)(19)(20)(21)Supplemental unemployment benefit trustsEmployee funded pension trusts (created before June 25,1959)Posts or organizations of past or present members ofthearmed forcesPrepaid legal service funds'Black lung benefit trustsFiduciary agent for payment of supplementalunemployment compensation benefitsProviding for payments of benefits under a pensionplan funded by employeesActivities implied by the nature ofthe organizationProviding legal services exclusively to employeesCreated by coal mine operators to satisfy their liabilityfor disability or death due to black lung disease(22)(23)(24)(25)Withdrawal liability payment fundsAssociations of past and present members of the armedforces founded before 1890Trusts described in section 4049 of the EmployeeRetirement Income Security Act of 1974Title holding corporations or trusts with no more than35 shareholders or beneficiaries and only one class ofstock or beneficial interestProviding funds to meet the liability ofemployerswithdrawing from a multi-employee pension fundProviding insurance and other beneflts to veterans ortheir dependentsProviding funds for employee retirement incomeAcquiring real property and remitting all incomeearned from such property to one or more exemptorganizations; pension, profit sharing, or stock bonusplans; or governmental units501(e)501(f)Cooperative hospital service organizationsCooperative service organizations of operatingeducational organizationsPerforming cooperative services for exempt hospitalsPerforming collective investment services for exempteducational organizationsI Beginning with tax years after June 30, IM, section 501(c)(20) organizations were no longer tax-exempt.63

NOWHer-Proffles, Fiscal Year 1993.by Laura R. Rosage and Karla M. Daronco641he Internal Revenue Service (IRS) initiated amulti-faceted strategy designed to "bring individualtaxpayers back into the system," by havingTthem file their required tax returns. This strategy involvesa combination of expanded outreach and educationalprograms, as well as traditional. methods of enforcement.It also includes an initiative designed to identify groups ofindividuals having common characteristics or "profiles" toenable the development of more effectiveorganizationalsolutions to noncompliance. Data from the EnhancedNonfiler Database, containing information on the 1.7million'taxpayers who filed more than 2.5 million delinquenttax returns in Fiscal Year (FY) 1993, can be used toidentify these common characteristics.Taxpayer "profiles" determine the common characteristicsof noncompliant individuals and may enable the IRSto devise optimal strategies for encouraging these taxpayersto comply in the future. For the purposes of thisarticle, the "p~ofile." of taxpayers who file delinquentreturns "voluntarily" is-distinct from-those who-fild as-a-.result of enforcement activities. The data indicate thatdelinquent returns filed voluntarily tend to be smaller interms of refund or balance due'amounts. 'In contrast,delinquent returns secured through enforcement tend tobavejarger-tax liabilities or-balance-due amounts. Vith.-knowledge of these and ot I her common characteristics, theIRS islin a better position,to improve its system of.nonfilerdetection and use of resources to effect filing compliance.BackgroundThe IRS has a strategy designed to identify groups oftaxpayers with common characteristics ("market segwinenf') and to develop organizational solutions thatremove barriers to compliance, while minimizing theburden on taxpayers. This strategy, however, doesacknowledge that all taxpayers are not alike -- they mayhave different tax issues, different compliance behaviors,'and different demographic characteristics.- Because ofthese differences, the same approach to tax administrationmay.not be effective or even appropriate for all taxpayers.Since taxpayer profiles of noncompliance are based onstatistics, they may illustrate the true characteristics ofdelinquent filers Who come into the tax system. . These'characteristics may suggest ways to target taxpayers. Forexample, an educational awareness program may not bethe answer for a well-educated professional, but may be aLaura R. Rosage is a statistician, and Karla M. -Daronco wasformerly an economist with the Compliance 2000 Team.This article was prepared under the direction ofWilliam LI-ejbom, Compliance 2000 Coordinator, Statistics of Income.viable option for a high school dropout eligible for theearned income credit. It should be noted,'however, thatdeveloping an effective treatment for market segmentsWill not be an easy process. There will likely be a need toconduct additional studies to gather further information"that describes the cause(s) of noncompliance with the taxlaws.One factor in developing a nonfiler market segment isthe creation of a "profile" of the market segment to helpdetermine * the "best" strategies for improving compliance.The nonfiler profile can be based on such information asincome level and amounts of deductions reported ontaxpayers' delinquently-filed returns. Another aspect ofthe market segment analysis is to determine whether thedelinquent return resulted from direct IRS enf6rcementactivities, i.e., from reminder-to-filenotices or one-on-onepersonal contact.Starting in Fiscal Year 1992, additional nonfiler strategieswere initiated to identify nonfilers and bring them--~-back into-the-system;-In-oider-to-stddy-the-effectiveness--7 -of the strategies, the Noinfiler Database was created foreach. fiscal year. This Database is a file with selectedinformation, by taxpayer, from the Individual Master File(IMF) for returns filed one day or more after the return---due date-or-extended due.date~ The returns on this-file-areclassifiedinto two segments: late filers and delinquentfilers. A late filer is any individual return received oneday or mote after April 15 (or the extended due date),:butless than 360 days. A delinquent filer is any individualret.urh filed 360 days or more after the return due date.Characteristics of Delinquent RiersThere were 2.5 million delinquent returns filed by 1.7million individuals in FY 1993, an average of 1.5 returnsper taxpayer. The number of delinquent returns filed bythese 1,727,466 taxpayers shows the majority of delinquenttaxpayers, 71 percent, filed only.one delinquentreturn (Figure A). More than 18 percent of the delinquentfilers filed two delinquent returns, while the remaining I Ipercent of delinquent filers filed three or more delinquentreturns. In fact, one delinquent taxpayer alone filed 27delinquent returns in FY 1993. How many years late the2 563,312 delinquent returns were varied (Figure B).;Zre than 43 percent of the delinquent returns filed in FY1993 were only one year late (at least one year, but lessthan two years late), while 41 percent were either two 'orthree years late [1].The distinction between returns that are filed as a directresult of IRS enforcement (hereafter referred to as submittedthrough "enforcement") and those that are "vollintarily"filed without any IRS enforcement activity is very

Nonfiler Profiles, Fiscal Year 1993Figure ADelinquent Individual Income Tax Returns: Numberof Returns Filed Per Taxpayer, Fiscal Year 1993Thousands of taxpayers1400Figure BDelinquent Individual Income Tax Returns: Numberof Years Late, Fiscal Year 1993Thousands of returns12DO1,110,32812001,219,11910001000800Boo678,235600600400364,538400200317,929110,351200195,093215,11846,73333r33401 2 3 4 5 or more0I .2 3 4 5 or moreNumber of ReturnsYears Delinquentimportant in the analysis of delinquent retums[2]. Thedata show that delinquent returns are 1.6 times as likely tobe secured through enforcement as those voluntarily filed.The delinquent returns in FY 1993 (Figure Q areclassified into three groups: returns with refunds, thosewith a balance due, and "even" returns (in general, withneither a refund or balance due) [3]. These characteristicsare important because delinquent filers who have taxliabilities represent delayed revenues to the FederalGovernment. Refund returns are also important becausepeople who are due refunds are not receiving their rightfulamounts under the law, particularly in the case of citizensentitled to the earned income tax credit. The data showthat 979,733, or more than 38 percent, of the delinquentindividual income tax returns processed in FY 1993 wererefund returns. These taxpayers were owed a total ofnearly $1.0 billion. However, of the total delinquentrefund returns, 198,521, or 20 percent, were returns with"barred refunds," i.e., refunds that could not be madebecause of the statute of limitations [4]. Barred refundstotaled $0.2 billion [5]. Only 165,532, or 6 percent, were"even" returns and 1,418,047, or more than 55 percent,had a balance due. The amount of tax outstanding onbalance due returns totaled almost $3.8 billion; refunds(excluding barred refunds) amounted to $0.8 billion. Thenet result was a balance due of nearly $3.0 billion ondelinquent returns filed in FY 1993.As would be expected, delinquent returns for which arefund was due (including barred refunds) are more likelyto be voluntarily filed, rather than submitted throughenforcement efforts (Figure D). More than 62 percent ofthe delinquent refund returns were voluntarily filed, whileonly 38 percent were filed due to enforcement activity.Likewise, 60 percent of "even" returns were voluntarily65

Nonfiler Profiles, Fiscal Year 1993Figure CDelinquent Individual Inco"me Tax Returns by-Type of Return, Fiscal Year 1993Figure D'beiinquent irdividual Income Tax Returns byMethod of Securing Returns and by Type ofReturn, Fiscal Year 19930Voluntarily filed10 Enforcernent-secured1,133,08966filed and 40 percent were submitted through enforcement.In contrast, balance due returns were submitted throughenforcement almost four times as often as they were filedvoluntarily. In FY 1993, almost 80 percent of balancedue delinquent individual income tax returns were submittedthrough enforcement, and only 20 percent werefiled voluntarily. This difference is partially due to thelarge number of IRS-created "Substitute for Returns"(SFR), which are only resorted to for taxpayers whichIRS believes to have an outstanding balance due return[6]. In fact, SFWs make up ' 47 percent of the total numberof delinquent returns secured through enforcement.A comparison of delinquent individual income taxreturns can also be made by the size of the refund andbalance due (Figure E)~ In general, -while.refund returnswere fewer, they were also smaller in terms of theamounts. involved compared to balance due returns. InFY 1993, more than half of the delinquent returns duerefunds fell within the smallest size category. of under$500.. The remaining refund returns felLbetween $500but under $ 1,000 and $1,000 or more (22 and 27 percent.respectively). In contrast, only 20 percent of the balancedue returns fell in the under $500 size category and only'18 percent had a balance due between $500 but under$1,000. However, more than three-fifths of the balancedue returns,fell in the $1,000 or more category. This wasmore than one-third of the total delinquent returns.processedin FY 1993. In total, the average refund claimedon all delinquent refund returns was $988, while theRefundEvenType of ReturnBalance dueaverage balance due, for all delinquent balance due returnswas $2,676.The distinction of whether. a delinquent taxpayer is a ,first-time filer.or an "established" filer is also important inthe analysis of delinquent retums,[7]. First-time filerswho are delinquent may benefit from additional outreach.or educational programs, whereas traditional enforcementmethods may be more effective for established filers whoare delinquent and aware of their requirement to file ontime. In regard to the 338,031 Tax Year 1991 delinquentreturns filed in FY 1993, only 9 percent of the delinquentfilers had filed an individual income tax return for thefirsttime, while more than 91 percent (308,656) were established filers.Income CharacterIsUcsA chiefcharacteristic of delinquent returns is the differencein the types of income, reported, which oftendepended, on the type ofreturn., More than eight in ten of

Nonfiler Profiles, Fiscal Year 1993Figure EDelinquent Individual Income Tax Returns by Type of Return and Size of Refund or Balance Due, FiscalYear1993Thousands of returns1000BooBarred refunds600400200Under$500$500under$1,000$1,000ormoreUnder$500$500under$1,000$1,000ormoreRefundEvenSize of Refund or Balance DueBalance Dueall delinquent refund returns showed wages and pensions(Figure F). Wages and pensions are combined herebecause many delinquent taxpayers mistakenly reportedtheir pension income on the wage line of their individualincome tax returns. Since the returns were not edited formistakes which did not affect calculations for total tax,wages and pensions could not be separated. Almost 29percent reported interest income and more than 14 percentreported income from a nonfarm sole proprietorship(Schedule Q [8].By comparison, based on the delinquent returns filed inFY 1993, delinquent balance due returns generally were:0 less likely to have wages and pensions (34percent),0 less likely to have interest income (17 percent),M and more likely to have sole proprietorship.(Schedule Q income (25 percent); in other words,were more likely to have been filed by selfemployedtaxpayers.Other Characteristics of Delinquent FilersA distribution by filing status (i.e., the marital statuscategories recognized under the tax code) shows thatalmost 45 percent of the delinquent individual income taxreturns in FY 1993 were filed by taxpayers claimingsingle status, while less than 31 percent were joint returns[9]. As would be expected, head of household andmarried filing separately occurred less frequently, 15 and10 percent, respectively. Less than one-tenth of I percentclaimed widow(er) filing status (Figure G).Delinquent returns were also distributed by the age of.the primary taxpayer (Figure H) [101. (In the case ofjointreturns of husbands and wives, the age of the primarytaxpayer was that of the taxpayer whose name was listedfirst on the tax return, usually the husband.) Taxpayers inthe older age groups are more likely to be aware of theirrequirement to file an income tax return, thus educational 67

Nonfiler Profiles, Fiscal Year 1993Figure FDelinquent Individual Income Tax Returns: Sources of Income by Type of Return, Fiscal Year 1993Percentage of returns10013 Refund 0 Even M Balance due34.9Wages andpensionsTaxableInterestDividendsUnemploymentcompensationSchedule C, net income(less defkh) .Sources of Income- NOTE: -Data exclude Substitutes for Returns. However,-Income on-such returns would mostlybe~46larles-and w4ges.7t68programs would probably have little effect on them;whereas enforcement efforts may have a larger impact.The majority of delinquent returns in these older agegroups were,filed as a result of IRS enforcement (Figure1). More than 70 percent of the returns filed by taxpayersbet ween the ages of 41 and 61 were secured throughenforcement. In contrast, only 14 percent of the delinquentreturns filed by taxpayers under 22 years of age andless than 43 percent of those filed by taxpayers age 22through 30 were secured through enforcement.While the delinquent returns ofolder taxpayers aremore likely to be enforcement-secured, the age of thetaxpayer is not the determining factor. The ages between41 to 61 are often prime earning years for many taxpayers,and IRS targets its enforcement efforts on those taxpayerswho are likely to have large tax liabilities. The average"total positive income" (TPI) (in general, income computedwithout regard to losses) for FY 1993 delinquenttaxpayers by age group shows taxpayers aged 51 to 61had the largest average (Figure J) [I I]. Those aged 41 to50 had the next highest average. As might be expected,taxpayers 21 and under had the smallest average.Figure GDelinquent Individual Income Tax Returns byFiling Status, Fiscal Year 1993Married filingjointly30.7%Married filingseparately10.2%Head ofhousehold14.5%'includes qualifying widows or widowers who comprised less than0.1 percent of the total.

Nonfiler Profiles, Fiscal Year 1993Figure HDelinquent Individual Income Tax Returns by Age of Primary Taxpayer, Fiscal Year 1993Under22 22 to 30 31.to 40 . 41 to 50 51 to 61 62 and Ageover unknownNOTE: Primary taxpayer on joint returns of husbands and wives was the taxpayer whose name was noted first on the tax return, usuallythe husband.Figure IDelinquent Individual Income Tax Returns by Age of Taxpayer and Method of Securing Return,Fiscal Year 19930111,705M Voluntarily filed0 Enforcement-secured69

Nonfiler Profiles, Fiscal Year 1993Figure JDelinquent Individual Income Tax Returns: Average Total Positive Income (TPQ by Age ofPrimary Taxpayer, Fiscal Year 1993Average total positive income, thousands of dollars30$25,710$21,62331 to 40Age of Primary Taxpayer70Summary,.,.,Taxpayer~,p~qfiles allow IRS to identify group patterns ofnoncompliance,and measure trends [12]. One goal of theService is to tailor approaches to these groups to bringthem "back into the system." The decision not to file ontime can cause economic losses to both the. nonfiler andthe U.S. Government. Unclaimed refunds,, for example,are cases in which people harm themselves. 14owever, amajor financial problem is unpaid tax liabilities whichrepresent a drain on the resources of the U.S.. Governmentand, ultimately, are subsidized by society'as a whole. Bydeveloping profiles of nonfiler market segments, the IRScan improve its system of nonfiler detection and establishprograms to increase filing compliance.Data Sources and Limitaflons;The data presented in this article are for Fiscal Year1993and are based on the population of 2,5 63,3 12 returnsreceived during that year that were filed 1 year or morelate. The population includes 743,213 "substitute's forreturns" (SFR's), for which there was li - ttle informationbeyond tax and balance due. While the data provide anaccurate picture of those nonfilers who eventually fi ledone or more delinquent returns either voluntarily orthrough enforcement, they do not provide any insight intothose nonfilers who have not filed a delinquent return. Asa result, there is a segment of the nonfiler population forwhich this profile has no information.One of the IRS strategies requires that Statistics ofIncome ~Sbl) obtain data with which to develop profilesof nonfilers. Although the Nonfiler Daṫabase contains awealth of information, it may not contain the specificreturn line items necessary t6 develop sufficiently descriptiveprofiles of nonfilers. Thus, additional informationwas requested from the IRS Individual Returns TransactionFile (IRTF) and the Information Returns Master File(IRMF) to create the Enhanced Nonfiler Database. ThisDatabase contains information for all of the 2.5 milliondelinquent individual returns processed in FY 1993.An important caveat is that the ability to profilenonfilers using the Enhanced Nonfiler Database is basedentirely on the delinquent returns that are filed. In essence,only "what comes in" can be analyzed, hence, it isnecessary to note that the universe of "unknownnonfilersnot in the system has not been measured. Datafor the Database. on "unknown" nonfilers can be capturedonly after they file. "Unknown" refers to those hidividualsfor whom the IRS has no tax account in its system ofdata files.

Nonfiler Profiles, Fiscal Year 1993Explanation of Selected TermsDelinquentfiler. - Any individual return filed 360 daysor more after the return due date.Individual Master File (IMF). - This data file, compiledand maintained at the IRS National Computing Center inMartinsburg, West Virginia, contains tax accounts for allindividual taxpayers. Identifying information, such asname, address, and social security number, as well as taxinformation, e.g., "adjusted gross income" or tax balancedue, is recorded there. The file is updated periodicallywith changes to the taxpayer accounts.Individual Returns Transaction File (IRTF). - This filecontains taxpayer return information as transcribed directlyfrom each income tax return; data from it are inputto the Individual Master File. IRTF files are created foreach tax year. Unlike the IMF, they are not updated.Information Returns Master File (IRMF). - This datafile contains data from Forms W-2, Wage and Tax Statement;Forms 1099-H-4T, Interest Income; Forms 1099-MISC, Miscellaneous Income; and any other "informationreturns" issued to taxpayers by employers or other payersfor a given calendar year. IRS uses this information toverify income and deductions reported on income taxreturns. This file contains over I billion informationreturns per year.Latefiler. - Any individual return received one day ormore after April 15 (or the extended due date), but lessthan 360 days.Notes and References[11 The database includes returns that are at least oneyear or more late. Returns that are more than oneyear late, but less than two years late are counted asbeing delinquent one year; returns that are two yearslate, but less than three years late are counted asbeing delinquent two years, and so on.[2] The IRS has information on many individuals forwhom a return for a given tax year has not beenfiled. This information may be from third partieswho filed "information returns" (such as Form 1099-INT, Interest Income), or may be based on previousreturn filings. However, for this article, enforcement-securedreturns are defined as those for whichthe IRS sends a "demand notice" or investigatesbecause of information available that indicated afiling requirement should have been met.[31A refund return includes those for which the taxpayerelects to credit an overpayment for one taxyear to the estimated tax due for the next tax year, aswell as an overpayment refunded directly to thetaxpayer. Balance due represents the tax due at thetime of filing and is therefore calculated before anyremittance submitted with the return is credited. An"even" return occurs when there is no tax liability andno prepayment credits or, in rare instances, when thetax liabilities exactly match the prepayments.[4] For refund returns that are received by the IRS threeor more years after the due date (or the extended duedate) of the return, the refund amount is "barred,"meaning that the taxpayer cannot receive the refundamount. As stated in section 651 l(a) of the InternalRevenue Code . ..... a claim for a credit or refund of anoverpayment of any tax imposed in respect of whichtax the taxpayer is required to file a return shall befiled by the taxpayer within three years from the timethe return was filed or two years from the time thetax was paid, whichever of such periods expires thelater, or if no return was filed by the taxpayer, withintwo years from the time the tax was paid."[5] The total amount for barred refunds is calculateddifferently from the total amount for all other refundreturns. All other refund dollar amounts are calculatedby summing the amount refunded to thetaxpayer by IRS. Barred refunds cannot be calculatedin this way because the actual amount refundedto the taxpayer is zero. Consequently, the totalamount of barred refunds is calculated by summingthe difference between the tax settlement amount(i.e., the tax liability) and the sum of prepaymentamounts and credits. This is the total amount of taxprepayments that would have been refunded todelinquent taxpayers had their returns been filedwithin three years. This total is conservative in thatit does not include any refundable earned incometax credit for which the delinquent taxpayers mayotherwise have been entitled.[6] When a taxpayer does not file a return, the IRSissues a series of reminder and delinquency notices.Ifthe taxpayer continues to be delinquent, the IRSmay choose to file a "substitute for return" (SFR) forthe taxpayer. Using single filing status, the standarddeduction, and income information available fromForm W-2, Wage and Tax Statement, and other informationreturns, the IRS computes the tax liabilityand penalties for the taxpayer. A bill is then issuedfor the outstanding amount. Mainly because only thestandard deduction is included in the calculation, thetax amount due may be higher than if the taxpayerhad filed a return. In Fiscal Year 1993, the numberof SFR assessments was 743,213; this does not 71

Nonfiler Profiles, Fiscal Year 1993include the actual number of returns the taxpayerfiled after an SFR assessment notification.[7] For this analysis, a first time filer is a taxpayer whowas "established" as a taxpaying entity on the IRSMaster File in Fiscal Year 1993, meaning that theIRS had no previous record on the Individual MasterFile for that particular individual. -Returns postedwith an invalid social security'number (SSN) wereexcluded because a new entity is created for invalidSSN's since the invalid number is unique. An"established" filer is a taxpayer.who has filed in aprevious year and has already established an entityon the Master File.[81 Schedule C or Schedule C-EZ, Profit or Loss FromBusiness (Sole Proprietorship), is an attachment tothe Form 1040, Individual Income Tax Return. It isused by the self-employed individual to reportincome and expenses associated with the operationof a nonfarm business, or the practice of a profession,as a sole proprietorship.[9] The percentage of returns claiming single status ishigher than would be expected because the calculationincludes SFR returns (see Footnote 6). SPR'sare always generated with a filing status of single.[10] IRS receives age information for all taxpayers fromthe Social Security Administration for use in taxadministration.[11] Total positive income (TPI) measures gross incomereported on tax returns before losses. Specifically, itsums all the positive amounts of income on theindividual income tax return and accompanyingschedules.[12] See also Daronco, Karla M., "Nonfiler Profiles,Processing Year 1991," Statistics ofIncome Bulletin,Summer 1993, Volume 13, Number 1.72

S Corporation Returns, 1992by Amy k. Gillor 1992, the number of S Corporation returns rose5.1 percent to 1.8 million. Following enactmentF of the Tax Reform Act of 1986, the annualgrowth rate for S Corporation returns averaged 14.1percent. The increase in S Corporation returns was partlyoffset over this same period by an annual average percentdecline of 4.1 in the number of other corporation incometax returns.The 1986 Act had made it advantageous for manyclosely-held corporations to elect to have their profitstaxed through shareholders at the individual income taxrates, rather than at the corporate level at the generallyhigher corporation rates. The number of S Corporations,24.1 percent of all corporation income tax returns for1986, grew to 46.2 percent of the total for 1992. On theother hand, because S Corporations are generally smallerin size, their share of total corporate net income (lessdeficit) grew only slightly from 1986 to 1992, from 8.9percent to about 14.1 percent. For 1992, about half of allS Corporations had only one shareholder (the maximumwas 35), but the average number was 2.6.Total net income (less deficit) reported by S Corporationsfor 1992 amounted to $58.3 billion, about 14.1percent of the adjusted total for all corporations [1]. Netincome (less deficit) from a trade or business (in contrastto net income from rentals and investments) was the majorcomponent of the total, $46.2 billion. For 1992, netincome (less deficit) from a trade or business increased by58.9 percent, due mainly to increases attributable tocompanies classified in manufacturing, services, and retailtrade.History of S CorporationsCertain closely-held corporations were first given specialtreatment in 1958. Subchapter S of the Internal RevenueCode -- from which these corporations take their name --provides a set of restrictive criteria which a company mustmeet in order to qualify. Although some of the detailshave changed over the years, S Corporations had to meetthe following criteria for 1992:mmMmhave no more than 35 shareholders;have only individuals as shareholders (with anexception for estates and trusts);have no nonresident alien shareholders; andhave only one class of stock.Amy Gill is an economist with the Corporation Special ProjectsSection. This article was prepared under the direction ofAlanZempel, ChiefCertain corporations are ineligible to be treated as SCorporations. These are:ma member of an affiliated group eligible for inclusionin a consolidated return;0 a financial institution (mostly banks) to which Codesection 585, concerning deductions for additions toreserves for losses of bad debts, applies;• an insurance company subject to tax underSubchapter L of the Internal Revenue Code;• a corporation which elects to take advantage of thepossessions tax credit; and• an Interest-Charge Domestic International SalesCorporation (IC-DISQ, or a former DISC;There are no restrictions on the size or types of assetsan S Corporation can hold or on the amount of incomewhich it can earn, although most are small corporations.An S election terminates if one of the Code's eligibilityrules is violated. Thus, an election is terminated if thecorporation has more than 35 shareholders, acquires anonresident alien shareholder or a non-individual shareholder,or issues a second class of stock. An election isalso terminated if a corporation's passive investmentincome exceeds specified limits.There are many reasonscertain corporations S Corporations comprisedfind it advantageous to 46 percent of all corporationincome tax returns,elect to be a Subchapter SCorporation. One reasonis to avoid the double compared to 24 percenttaxation of income. Acorporation's income is for 1986, the year beforetaxed first at the corporate the 1986 tax reform waslevel and again at theeffective.shareholder level whenearnings are distributed.Under Subchapter S, a corporation's income is taxed onlyonce, at the individual shareholder level. Income from anS Corporation is taxed as accrued to the shareholder (as ina partnership), rather than when received in the form of adividend (as in the case of other corporations). At thesame time, an S Corporation can retain many of thecharacteristics of corporations, such as limited liability,freely transferable corporate ownership, and an unlimitedlife span.rporations have traditionally been a small fractionof all corporations (Figure A). For 1980, there were littlemore than 0.5 million S Corporation returns filed, out of atotal of 2.7 million corporate income tax returns 73

S Corporation Returns, 1992Figure ANumber of 1120S Returns. Compared to A11.0ther Corporation Income Tax Returns, Tax Years1980-1992Millions of returns3.0Corporation Incometax returns2.52.0.0 -.1980 1982 1984 1986 19861990 1992Tax Ye-ar74.(20. 1, percent). By 1986, the. number of S Corporationreturns had increased to 0.8,million, 14.1.,percent of the3.4 million total. In October 1986,,President Reagansigned into law the Tax Reform Act of 1986 (TRA 86)., ,The centerpiece of the 1986 law was to shift $120 billionof income tax from individuals to corporations, over theperiod 1987 through 199L While the statutory tax ratesof both individuals and corporations fell, the maximumcorporate rate Was made higher thanihat. for.individuals(34 percent versus 28percent) [2]. In addition, the GeneralUtilities doctrine was repealed [3].* Following theTax Reform Act, the number of S Corporation returnsincreased greatly. There were 1.1 million S Corporationreturns filed for I987, a 36.5 percent increase over 1986.This was the largest , single year increase since SubchapterS was enacted. Nearly 43 percent of the increase wasattributable to regular, taxable corporations that convertedto S Corporation status. Another 16 percent was causedby S Corporations which filed twice. for 1987 in order tomeet the required changeover to a calendar-year accountingperiod.-[4]. This inflated the number of. S Corporationreturns for 1987, beyondthe increase attributable toconversions [5]. After 1987, the rate of growth graduallyslowed: 1 L5 percent for 1988, about 13.2 percent for1989, around 10.7 percent for 1990, and then 7.8 percentfor 199 1.Approximately 1.~ million S Corporations filed returnsfor 1992, a 5.1 percent increase over 1991. Overall, theaverage annual.growth rate from 1986 to 1992 was 14.1percent. The number of other types of corporations, onthe other hand, declined annually by an average of 4.1percent, from 2.6 million returns for 1986 to 2.1 millionfor 1992 [6]. For 1992, out of 241.6 thousand corporationsthat elected S Corporation status for the first time,almost two-thirds represented new incorporations' Theremaining one-third had converted from regular, taxablecorporations. S Corporations comprised 24.1 percent ofall corporation income tax returns for 1986, but by 1992this had increased to 46.2 percent.Not ' only did the number of S Corporations grow afterTRA 86, but so did their average size. Total assets of SCorporations grew rapidly after 1986 (Figure B). Totalassets were $251.0 billion in 1986; by 1992, total assetswere $808*.1 billion (Table 2). Average total assets of anS Corporation for 1986 was $303.8 thousand; averagetotal assets for 1992 grew to $452.6 thousand. However,as a share of all the total assets ' reported by corporations, SCorporation assets were relatively minor, about 4.0percent of the total for 1992.Business receipts (gross receipts from sales andoperations) for S Corporations also grew sharply afterTRA 86 (Figure Q. Business receipts for 1992 were $1.8

S Corporation Returns, 1992Figure BTotal Assets of S Corporations, Tax Years 1980-1992Billions of dollarsTax YearFigure CBusiness Receipts of S Corporations, Tax Years 1980-1992Trillions of dollars2.0$1.8 Trillion1\441.51.0$0.5 Trllllon0.501980 1982 1984 1986 1988 1990 1992Tax Year 1 75

.S Corporation Returns, 1992trillion, up from $0.5 trillion for 1986. Unlike total assets,business receipts of S Corporations were a more substantialportion of the business receipts for all corporations,about 17.3 percent.S Corporaflon Income From a Trade or BusinessThe number of S Corporation returns, as well as their totalassets and total receipts (business receipts plus incomefrom rentals and investments)" increased modestly from1991 to 1992 (Figure D). However net income (lessdeficit) "from a trade or business" increased sharply, from$29.1 billion for 1991 to $46.2 billion for 1992. Thisincrease resulted from a combination of an increase inpositive net income (20.6. percent) and a decrease innegative net income, i.e., deficit, (9.5 percent). Thenumber of returns with positive net income from a trade orbusiness increased from 849.4 thousand for 1991 to 941.2thousand for 1992. The average positive net income froma trade or business rose 8.8 percent, from $38.9 thousand-~l 99 1-to--$44.6 th6usa-nd-.The largest increase in trade or business net incomeoccurred among manufacturers, $4.2 billion, from $10.7billion for,1991 to $14.9 billion for 1992 (Figure E).Within manufacturing, the largest single increase, $542.1million.-was-from fabricated metal producers.- The secondlargest increase was in the services division, where tradeor business net income (less deficit) increased from $6.8Figure DSelected Tax Items, S Corporations, Tax Yeats1991-1992hem 1991 1992 Percentageincrease(1) (2) (3)Number of retums ........... 1,698,271 1,785,371 5.1Total assets...................... 769,648,961 808,090,675 5.0Total receipts .................... 1,682,984,576 1,821,882,961 8.3Total deductions ............... 1,653,544,441 1,775,218,647 7.4Net income (less deficit)from a trade or business. 29,074,913 46,196,308 58.9Net income .................... 66,046,385 79,648,805 20.6Deficit............................ 36,971,472 Z13,452,497 -9.5Total net income(less deficit) ................... 40,005,192 58,329,739 45.8Net income ........................ 76,218.638 91,138,122 19.6Deficit................................ 1 36,213,446 321808;383 1 -9.4billion to $10.6 billion. Business services, which includefinancial management-companies, consumer credit report--ing-agencies-land other-business-services'-showed-the--largest rise, from $2.4 billion to $3.8 billion.The third largest increase was in retailing, whichshowed an increase of $3.0 billion, from $2.3 billion to$5.3 billion. Over half of this increase was due to automotivedealers- and service stations-whose net-income -(less deficit) grew from a negative k4 billion to apositive $1.3 billion.Figure ES Corporation Trade or Pusiness Not Income Less Deficit by Selected Industrial Group, TaxYears 1091-1992Billions of 4ollarsM 19911992t-76Selected Industrial Group

S Corporation Returns, 1992S Corporation Total Net IncomeThe taxable income of an S Corporation flows through tothe shareholders, regardless of whether the income isactually distributed in the form of dividends. The entity'slosses are allocated to the shareholders, who deduct themon their income tax returns, subject to certain limitations.Besides "ordinary" taxable income or losses, other corporatetransactions flow through separately; these include netlong-term capital gains and losses, charitable contributions,tax-exempt interest, foreign tax credits, and businesscredits [7]. S Corporations for 1992 (Table 1) reported$58.3 billion of total net income (less deficit). While52.7 percent of S Corporations had positive trade orbusiness net income, almost 58 percent had positive totalnet income. Manufacturing reported the largest amountof total net income, $16.6 billion (Figure F).Figure FTotal Net Income (Less Deficit) by SelectedIndustrial Group, Tax Year 1992Transporation andpublic utilities (3%)income ($.3 billion) was reported by S Corporations in"other" real estate, which includes real estate agents andmanagers, title abstract offices, and combinations of realestate, insurance, loans, and law offices.Taxation of S CorporationsAn S Corporation is mostly a tax-reporting, not a taxpaying,entity. There is, in general, no corporate-level tax;instead, income is taxed to the shareholders immediately,whether or not actually distributed. The S Corporation isalso not subject to the corporate alternative minimum tax(AMT) on tax preferences; tax preference items areallocated to shareholders for AMT purposes. However, SCorporations are subject to tax at the corporate level undercertain circumstances.An S Corporation converting from a regular taxablecorporation after 1986 generally incurs a corporate-leveltax on any "built-in gains," which occur when the SCorporation disposes of an asset in a taxable dispositionwithin 10 years after the date on which the S election tookplace. Gain is "built-in" to the extent that the net appreciationof the assets sold occurred prior to thecorporation's election to be taxed as an S. The highestcorporate tax rate (applicable to that type of income) isapplied to the lesser of (1) the recognized built-in gain thatis not taxed for that year or (2) the amount that would bethe taxable income of the corporation if it were not an SCorporation. For 1992, less than I percent of S Corporationsreported the built-in gains tax; the amount was $56.7million (Figure G).Figure GS Corporation Taxes, Tax Year 1992(Money amounts are in thousands of dollars]MiningAgriculture, (2%)forestry,and fishing(2%)I Total includes 'Nature of business not allocable,* which is not shown separately.NOTE: Detail may not add to total because of rounding.Taxreturn itemsTotal Income tax.............................Built-in gains tax ...................................Excess net passive income tax............Adjustments to tax ...............................Investment credit recapture..................Number ofS Corporations5,6153,9868078644Amount88,58656,6956,75423,5301,607Trade or business income was 79.2 percent of the totalnet income (less deficit) for all S Corporations for 1992.This percentage varied by industrial division, rangingfrom 89.6 percent for manufacturing to 41.3 percent forfinance, insurance, and real estate. The largest incomeitem for finance, insurance, and real estate (next to ordinaryincome) was interest, $1.6 billion. The real estateindustry group accounted for the most of this interest,$0.9 billion. Within real estate, over a third of interestA tax is also imposed on the "excess passive income"of S Corporations that possess accumulated earnings andprofits from years prior to the election to be taxed underSubchapter S. If the corporation has accumulated earningsand profits as of the close of its tax year, passiveinvestment income for the year that exceeds 25 percent ofbusiness receipts, and net income for the year, then it isliable for tax on "excess net passive income" [8]. For1992, about $6.8 million was reported as excess net 77

S Cor*.:'- ,pg_&~A' IQn Retilms,, 1992passive,,ificoffie fak,' by slightly more than 800 S Corporations.An S C6rp6iation is liable for investment credit recaplureattributable to credits allowed for tax years for whichthe corporation was not an S Corporation. The creditmu~t be refigured if it was claimed in an earlier year, butdisposed of before the end of the recapture period or theuseful life used to figure the original credit. For 1992,about $1.6 million in tax was reported from recapture ofinvestment credits.Certain other taxes are also reported by S Corporations.These are generally reported together as "adjustments tototal tax." Some of these taxes include, but are not limitedto: "last-in, first-out"( LIFO) inventory' recapture, tax, andinterest due under the "look-back method" for completedlong-term contracts [9]. For 1992, only 864 S Corporationsreported these taxes, which totalled $23.5 million.Shamholder Activity in 1992About halfof all-s-Corporations,-869.5-thousand,-hadqnlyone shareholder, as of the end.6f the tax year (Table'3). Afi6ther third reported ' two shareholders (Figure H). SCorporations on average had 2.6 shareholders. Althoughonly 2,427 S Corporations reported more than 30 shareho'lders,-thesecorporations were-able to raise-the average- -to 2.6 shareholders, higher than the number over 80percent of all S Corporations had reported.As stated earlier, S Corporatio ns, in general, are nottaxed.'Instead, their income and deductions flow throughto the shareholders who are liable for the tax. Income anddeduction items Are presented (Table 3) by the number ofshareholders [101. S Corporations with one shareholdertended to be small, with $254.7 billion in total assets,almost one-third of the U.S. total for 1992. While averagetotal assets for all S Corporations was $452.6 thousand, SCorporations with one shareholder averaged $292.9thousand and those with two shareholders, $346.8 thousand.In comparison, S Corporations with 10 shareholdershad average assets of $2.4 million. TheO.1percentofSCorporations with more than 30 shareholders had averagetotal assets of $2.8 million.Rental real estate net income (less loss) for all returnswas $427.6 million for 1992. S Corporations with oneshareholder showed an overall rental net loss of $181.5million. This loss flows through to the individual shareholder.Generally, any rental activity is defined as a"passive Activity," even if the shareholder materiallyparticipates. There is a limit to the amount of losses,deductions, and credits that shareholders may claim frompassive activities [ I I ]. Those corporations with morethan-ten shareholders-were-responsible-for 4 3. 1 percent of--the total rental real estate income, $55.9 million.Actual distributions by S Corporations to their shareholders,that reflect corporate income that was previouslydeemed distributed and was- reported on their tax returns,are,usually received-tax-free;-T-hese-di stributions are-then- -applied in reduction of. the basis of their ' stock, with anyexcess treated as gain on the sale of property. However,this principle is applied differently to S Corporations withearnings and profits than to those without earnings and..profits. Total property.distributions (including cash) of$41.5 billion were reported for 1992. The averageFigure HNumber of 1120S Returns by Number of Shareholders, End of Year,, Tax Year 1992Millions of S Corporation returns. Total I 2 - 3 4 5 or. more78 Number of Shareholders

S Corporation Returns, 1992distribution per shareholder was $11.4 thousand. A littlemore than a quarter of this total was distributed by corporationswith one shareholder, with an average distributionfor each shareholder of $12.7 thousand. By contrast, the0. 1 percent of S Corporations with more than 30 shareholdershad average distributions of about $7,850 -- muchsmaller than the average distribution overall.After ordinary income and property distributions,portfolio interest income, $5.9 billion, was the thirdlargest income item passed through to shareholders for1992. Generally, portfolio interest income includes allinterest, except interest derived during the course of atrade or business. About one third was attributable to SCorporations with one shareholder; each shareholderreceived an average of $2,300. S Corporations with morethan 30 shareholders received an average of $674 pershareholder.Data SourcesThe Form I I 20S filed by S Corporations was substantiallyrevised starting with 1987 to more adequately reflectparticular provisions of the Tax Reform Act of 1986. As aresult, receipts and deductions are separately reported fortrade or business activities; for rental real estate activities;for rental activities other than real estate; and for portfolioincome, such as interest and dividends. These changes arereflected in the statistics by presenting net income ordeficit for each of these components. and also by showingtotal net income or deficit (Table 1). The total net income(less deficit), $583 billion, is the result of adding togethernet income (less deficit) from trade or business, $46.2billion; rental real estate net income (less deficit), $0.4billion; net income (less deficit) from rentals other thanreal estate, $0.5 billion; and portfolio net income (lessdeficit), which includes capital gains and losses, $11.3billion. Portfolio net income (less deficit) was comprisedof dividends, $.6 billion; interest, $5.9 billion; royalties,$0.9 billion; net short-term capital gains less net shorttermcapital losses, $0.3 billion; net long-term capitalgains less net long-term capital losses, $3.4 billion; andother portfolio net income less deficit, $0.2 billion.The sum of these components is a reliable measure of SCorporation profits, as computed under provisions of theInternal Revenue Code. It also enables comparisons to bemade with data for S Corporations for years prior to 1987.Starting with 1987, Statistics ofIncome -- CorporationIncome Tax Returns has presented annual data on SCorporations only for the receipts, deductions, and netincome (or deficit) from a trade or business; data for theother sources of receipts and for the net income from thesesources were not tabulated. Consequently, totals for thesereceipts and for the net income of all corporations isunderstated.The industry codes used should indicate the type ofbusiness activity from which the corporation received itsincome, or the largest portion of its income if it wasengaged in more than one kind of activity. However, the1987 revisions to the Standard Industrial Classificationare not reflected in the industry statistics [12]. Thoughsome industry codes are unusual for S Corporations(based on the restrictions in the Internal Revenue Code),the data reflect a small number of corporations in theseindustries. This could be due to either inconsistent reportingof corporations' principal industrial activity (generallyin finance, insurance, and real estate), or to exceptions toSubchapter S rules.SummaryThe Tax Reform Act of 1986 had a marked effect on theincentives and advantages of a company electing S Corporationstatus. For 1992, S Corporations continued to bea large portion of returns relative to all corporation incometax returns, yet were small in terms of assets held.The majority of S Corporations had two or fewer shareholders.A large portion of S Corporations were concentratedin the services industrial division, but these tendedto be the smaller corporations. Total net income (lessdeficit) for S Corporations for 1992 was $58.3 billion,about 14.1 percent of the adjusted total for all corporations.Sample SelecUon and Sampling ErrorStatistics for Tax Year 1992 are based on a sample of SCorporation income tax returns with accounting periodsended July 1992 through June 1993. The estimates werebased on a stratified probability sample of 22,357 SCorporation income tax returns drawn from a total populationof 1,875,837. Based on the 21,851 active corporationreturns in the sample, the estimate of active S Corporationsfor 1992 was 1,785,000. The sample was selectedafter administrative processing was complete, but beforeany audit examination, and was stratified based on combinationsof net income and total assets at rates rangingfrom 0.25 percent to 100 percent.Because the estimates are based on a sample, they aresubject to sampling error. To properly use the data, themagnitude of the potential sampling error needs to beknown. Coefficients of variation (CV's) are used tomeasure this magnitude. The smaller the coefficient ofvariation, the more reliable the estimate is judged to be.The coefficients of variation for the number of returns byindustrial division and size of total assets are presented(Figure 1). 79

S Corporation Returns, 1992Figure ICoefficients of Variation for Number of Returns, Tax Year 1992Industrial divisionAll Industries I ..............................................Agriculture ..........................................................Mining ................................................................Construction .......................................................Manufacturing ........................................... :........Transportation .....................................................Wholesale and retail ...........................................Finance............. :**------- ... ****..: ................Services ..............................................................Industrial divisionAll industries I ..............................................Agriculture..........................................................Mining................................................................Construction .............. 1 ........................................Manufacturing ............ :.......................................Transpo"tion ....................................................Wholesale and retail ...........................................Finance ..............................................................Services .............................................................I Includes returns not allocable by industrial d"ion.Allassetsizes11)1.106.1111.383.634.115.602.132.781.89$1,000,000under$5,000,000(741.197.3010.433.933.07-5.72-2.112.583.11Zeroassets(2)5.1030758.9918.6523.1321.699.9512.518.56$5,000,000.under$10,000,000(8)2.0018.9016.85.7.064.379.793.31-5.035.74$1under$100,000Size of total assets$100,000under$250,000Percentaget3)(411.672.4310.1013.5020.0824.505.278.248.3210.188.4714.483.644.164.955.962.39.4.58Size of total assets--Continued$10,000,000~under$25,000,000$25,000,000under$50,000,000. Percentage-Continued 'DL(10)1.522.0311.4417.1012.7215.925.458.572.783.487.158.872.74- -4.04-----3.884.604.95-7.12$250,000under$500,000U5)2.2610.2926.267.668.1611.474.014.795.01$W,000.000under$100,000,0000 1)_0.252.031.880.920.421.080.640.77$500,000under$1,000,000(6)Z069.0717.016.946.579.55.3.884.244.78$100,000,0boormore---(12)-Notsubjecttosampling- error---80Not6s and Refemnices[I See Data Sources for a more complete explanation ofcorporate profits. Research on the comparability of SCorporation net income and the net income ofcorporations in general may enable an improvedmeasure of profits to be presented in the future.[21 "Congress Enacts Sweeping Overhaul of Tax Law,"1986 Congressional Quarterly Almanac, p. 494.[311 n summary, the General Utilities doctrine states thata corporation does not recognize gain or loss on adistribution of appreciated or depreciated property toits shareholders with respect to their stock. The TaxReform Act of 1986 ended the possibility of corporateliquidation to avoid corporate taxation of unrealizedcapital gains. The repeal of the General Utilitiesdoctrine encourages new businesses to-form outsidethe (taxable) corporate sector. Existing corporations,with significant accumulations have an incentive tokeep that appreciation within the corporate sector.[41 Legel, Ellen and Shook, Jonathan, "CorporationIncome Tax Returns, 1987," Statistics ofIncomeBulletin, Fall 1990, Volume 10, Number 2.[5] The Tax Reform Act of 1986 required that S Corporationsconform to the taxable years of their shareholders(the calendar year in most cases). There aretwo exceptions to this general rule. First, an SCorporation may use a taxable year for which it canestablish a business purpose. Second, an S Corporationmay make a one-time election to keep or establisha noncalendar year, provided that a corporatelevelpayment is made on any income deferred by theshareholders. For 1992, about 94.2 percent of the SCorporation returns (including part years) werecalendar year taxpayers.[61 Clark, Allison and Treubert, Patrice, "CorporationIncome Tax Returns, 1991," Statistics of IncomeBulletin, Summer 1994, Volume 14, Number 1.[7] Some of'the business credits are: credit for alcoholused as a fuel; low-income housing credit; qualifiedrehabilitation expenditures related to rental real estateactivities; credits related to rental real estate activities;credits related to other rental activities; and othercredits.

S Corporation Returns, 1992[81 "Passive investment income" means gross receiptsderived from royalties, rents, dividends, interest(excluding interest on installment sales of inventory tocustomers and income of certain lending and financingbusinesses), annuities, and sales of exchanges ofstock or securities to the extent of any gains. "Excessnet passive income" is the amount that bears the sameratio to net passive income, as the amount of passiveinvestment income that exceeds 25 percent of grossreceipts bears to passive investment income.191The recapture of LIFO benefits applies to corporationsthat select S Corporation status after December 17,1987. A regular, taxable corporation that maintainsits inventory using the last-in, first-out (LIFO) methodfor its last tax year before an S Corporation electionmust include in gross income a LIFO recaptureamount when it converts to S Corporation status. TheLIFO recapture amount is the amount, if any, bywhich the inventory under the first-in, first-out (FIFO)method exceeds the inventory amount of such assetsunder the LIFO method.An S Corporation may be liable for the interest dueunder the look-back method for completed long-termcontracts if it completes a long-term contract afterFebruary 28, 1986, in which the corporation usedeither the percentage of completion method or thepercentage of completion-capitalized cost method.[101 Ordinary income from a trade or business reported inTable 3 was $46.2 billion. In general, this shouldequal the S Corporation income from a trade orbusiness. On a small number of returns however,the two amounts did not match. These differenceswere due to taxpayer reporting and the fact that theamount reported in Schedule K was reduced bytaxes paid by S Corporations. Also, in a smallnumber of returns, the Schedule K was simply notpresent.[111 The passive activity rules provide that losses frompassive activities can generally be applied onlyagainst income from passive activities. In reportingthe corporation's income or losses from rentalactivities, the corporation must separately reportrental real estate activities and rental activities otherthan rental real estate activities. Shareholders whoactively participate in a rental real estate activitymay be able to deduct part or all of their rental realestate losses against income from nonpassiveactivities. Generally, the combined amount of rentalreal estate losses from all sources that may beclaimed is limited to $25,000 or less.[12] The Standard Industrial Classification (SIC) is thestatistical classification standard underlying allestablishment-based Federal economic statisticsclassified by industry. The SIC is used to promotethe comparability of establishment data describingvarious facets of the U.S. economy. The classificationcovers the entire field of economic activities anddefines industries in accordance with the compositionand structure of the economy.81

S Corporation Returns, 1992Table I.- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group[Ali figures are estimates based on samples-money amounts are in thousands of dollars]MnIngItemAllindustriesAgriculture,forestry,and fishingTotalmetalminingCoalminingoilandgasNonmetallicmine rals,except'fuelsNumber of returns."Number of shareholders...............Total receipts ......................................Business receipts............................Net long-term capital gain reducedby net short-term capital loss .........Net gain, noncapital assets..............Other receipts ...................................Total deductions................................Cost of sales and operations...........Compensation of officers .................-Repairs ............................................Bad debts............ ............................Rant paid on business property .......Taxes paid.......................................Interest paid.....................................Amortization ......................................Depreciation........................................pgpietion .. . ........ . ...... . .. . ..............Advertising .......................................Pension, profit-sharing, stockbonus, and annuity plans ...............Employee benefit programs .............Net loss, noncapital assets ..............Other deductions .............................Total receipts less total deductionsMet income (less deficit)from a trade or business.................Net income.......................................Deficit...............................................Portfolio Income (less deficit)distributed to shareholders ............Dividend income ..............................Interest income .......................... : .....Royalty income (less loss) ...............Net short-term capital gain(lessloss) ......................................Net long-term capital gain(less loss) ......................................Other portfolio income (net).............Real estate rental net Income(loss deficit)......................................Net income ................................... *-Deficit................................................Net Income (less deficit)from other rental activity................Not income............. ..........................Deficit...............................................Total not Income (less deficit) ..........Net income.......................................Deficit ................................................0)1,785,3714,656,0671,821,882,9611,790,836,83053B,4593,759,76926,818,3571,775,218,6471,176,459,50175,648,36310,394,975_4,978,23637,335,92239,656,42520,951,1153,504,06131,426,221. -261,09918,252,4365,851,01114,028,365.1 357,874336,113,04246,664,31446,196,30879,648,80533,452,49711,254,742630,5285,926,144885,516296,7163,359,406-156,4324Z7,6082,437,0562,OD9,448451,081847,007395,92658,329,73991,138,12232,808,383(2)65,055191,56332,553,49831,161,19620,995.247,7911,135,46232,315,08817,740,170880,53~_ 732,32467,8911,042,217701,804824,04343,4271,415,390-4,813- -133,71245,851226,5344,8888,446,493238,410229,3611,830,9871,601,626948,04014,113186,316570,618-2,367176,511~,84956,12366,40510.2827,41412,153-4,7391,240,9372,726.782.1,485,845(3)15,56344,37611,918,12211,284,316*215100.767525,72611,317,282 '5.332,552331,352221,464114,339106,828475,090293,98518,631681,301159,2178,87133,849298,2112,538.3,239,053600,840593,5291,173,134579,605327,75128,385151,08455,67711.14388,522-7,0604,0198.7564,7369,6739.69219934,9721,449,312514,340_L4)*701-8,404VMkSU'226,607-~546*1 1,431'229,198-53,909*6,V4*18,016-1,826*4,768*12,379*3,656*783-19,660*1;302- -1103*8,756*288-97,077-9,386-9,386*18,740*9.354*_19',U2*-361--9,381*19,060*9.679C5)8132,1684,202,507-.4,155,646-1,38644,0084,254,186.50,329100,425i47,98336,378186,272-81,8704.062212.46095,520-1-1653--8,302216,258440889,325-51,67953,147160,395213,54250,890-1,090*16,637*-770'12,920--8.712M*81 4'2727,5447,5445,830205,927200,096(6)11,90229,7865,182,3434,699,0611977,688400,5294,664,5141,742,051174.06662,63849,8.4355,114194,577143,67712,82515,133---31599-8,82629,243,1,5011,896,848517,829512,764821,883309,119230,41625,93699,53538,9247,98156.3891,6522,8056,116-3,3111,8261,84519747,8121,021,155273,W(7)2,1474,682,M4,6682,203,0134*19621,14769,7582,169,3831,213,683100,28340,38614,686.10,56781,86264,781. 960174,61047,262- -3;515-1.6172143,954309355,803125,305124,526172,11647,59046.4631,359,21,484*115*3,93219,574-1,811.*1,154-'303171,948203,17031,MFootnotes at end of table.82~

S Corporation Returns, 1992Table l.-- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimates based on samples--money amounts are in thousands of dollars)Construction Manud urinqGeneralbuildingApparelItem Total contractors Heavy Special Food and Textile andand construction trade Total Idndred mill otheroperative contractors contractors products products textilebuildersproducts(8) (9) (10) (11) (12) (13) (14) (15)Number of returns.............................. 178,761 70,877 6,840 101,044 117,812 8,046 2,409 7,598Number of shareholders................ 566,365 290,632 14,918 260,814 290,563 34,873 5,635 15,350Total receipts ...................................... 167,362,892 73,503,802 20,585,302 73,273,788 326,547,950 47,464,017 15,123,912 26,540,539Business receipts............................. 165,517,879 72,770,354 20,112,067 72,635,458 322,936,551 46,936,322 14,999,375 26,134,098Net long-term capital gain reducedby net short-term capital loss .......... 15,066 -5,427 -3,267 *6.372 134,006 *2,359 *1,390 *702Net gain, noncapitall assets .............. 308,763 41,334 143,800 123,629 489,216 50,949 5,746 26,191Other receipts ................................... 1,445,447 676,807 312,614 456,026 3,030,511 468,967 115,683 376,118Total deductions................................. 163,022,641 71,959,966 19,931,410 71,131,265 311,560,848 45,586,723 14,336,851 26,495,716Cost of sales and operations ............ 125,905.074 61,121,465 15,570,285 49,213,324 223,229,862 35,901,295 11,357,893 18,815,837Compensation of officers.................. 6,352,243 2,089,320 624,137 3,638,786 11,940,189 707,056 421,059 1,072,589Repairs ............................................. 763,279 143,957 200,413 418,909 1,328,170 213,585 65,024 65,719Bad debts......................................... 326,729 131,350 34,880 160,499 859,316 60,458 38,536 80,853Rent paid on business property ........ 1,400,676 338,967 144,320 917,389 3,238,280 261,521 106,798 359,242Taxes paid........................................ 3,564,302 968,628 434,835 2,160,838 6,886,155 707,328 263,896 527,220Interest paid...................................... 1,299,635 626,769 187,548 485,317 3,679,026 416,004 185,152 307,264Amortization ..................................... 51,078 12,641 4,296 34,141 533,983 60,776 10,292 21,655Depreciation ..................................... 2,568,342 523,066 712,015 1,333,262 7,219,182 895,708 359,967 246,924Depletion.......................................... 10,769 -1,398 9,265 *107 52,619 153Advertising........................................ 475,945 197,997 18,165 259,784 3,121,763 761,930 40,255 321,596Pension, profit-sharing, stockbonus, and annuity plans ................ 730,514 185,932 95,749 448,833 1,359,881 130,046 44,118 81,840Employee benefit programs .............. 1,194,273 257,375 143,603 793,296 4,030,109 407,544 180,076 223,846Net loss, noncapital assets............... 22,567 13,130 2,399 7,039 32,023 1,373 921 374Other deductions .............................. 18,357,214 5,347,972 1,749,500 11,259,742 44,050,290 5,061,946 1,262,865 3,370,756Total receipts less total deductions.. 4,340,251 1,543,836 653,892 2,142,523 14,987,103 1,877,294 787,061 1,044,823Net Income (less deficit)from a trade or business .................. 4,249,449 1,528,529 637,072 2,083,848 14,895,430 1,869,514 783,953 1,040,691Net income....................................... 7,109,260 2,807,934 1,020,009 3,281,317 18,902,337 2,240,409 898,813 1,310,696Deficit............................................... 2,859,811 1,279,405 382,937 1,197,469 4,006,907 370,894 114,861 270,004Portfolio Income (less deficit)distributed to shareholders............. 6279853 276,422 156,418 195,013 1,598,662 244,549 56,572 113,504Dividend income ............................... 36,020 9,953 7,880 18,188 118,909 10,482 2,192 3,283Interest income ................................. 504,291 238,939 102,691 162,661 911,081 92,066 41,123 40,126Royalty income (less loss) ................ *3,938 *252 -3,659 *28 51,514 *17,484 *88 *5,587Net short-term capital gain(less loss) ....................................... 37,748 8,580 28,964 204 14,358 5,695 *1,558 8,294Net long-term capital gain(less loss)....................................... 43,685 17,003 13,058 13,624 489,039 118,003 11,490 56,059Other portfolio income (net) .............. 2,172 1,696 *167 .308 13,762 *819 *121 *155Real estate rental net Income(loss deficit) ...................................... 33,695 26,644 4,023 3,029 74,499 14,397 6,861 4,016Net income ....................................... 81,288 64,591 8,775 7,922 99,698 15,280 6,946 6,689Deficit............................................... 47,593 37,947 -4,752 4,893 25,199 *882 '85 -2,673Not Income (loss deficit)from other rental activity................. 21,623 4,088 5,678 11,858 49,927 2,844 -1,165 *760Net income ....................................... 28,413 10,674 5,882 11,858 55,520 2,870 -1,165 '7WDeficit............................................... 6,790 -6,586 *204 5,593 *27Total not Income (less deficit) 4,932,620 1,835,683 803,191 2,293,747 16,618,517 2,131,305 848,551 1,158,971Net income....................................... ***"* 7,629,961 3,027,084 1,158,548 3,444,329 20,365,146 2,467,110 961,603 1,402,831Deficit............................................... 2,697,341 1 1,191.401 355,357 1,150,582 .3,746,629 335,805 1 113,053 243,860Footnotes at end of table.83

S Corporation Returns, 1992Table 1.- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimatas based on samples-money amounts are in thousands of dollars)Manufacturina-ContinuedItemLumberandwoodproductsFumitureandfixturesPaperandalliedproductsPrintingandpublishingChemicalandall iedproductsPetroleum(includingintegrated)and coalproductsRubber andmiscellaneousplasticsproductsNumber of returns..............................Number of shareholders................Total receipts ......Business receipts .............................Net long-term capital gain reducedby net short-term capital loss ..........Net gain, noncapital assets..............Other receipts...................................Total deductions .................................Cost of sales and operations............Compensation of officers ..................-Repairs ..............................................Bad debts.........................................Rent paid on business property ........Taxes paid ........................................Interest paid......................................Amortization .....................................Depreciation.....................................DeRIeLtion... . .. _.: ............................Advertising ........................................Pension, profit-sharing, stockbonus, and annuity plans ................Employee benefit programs ..............Net loss, noncapital assets ...............Other deductions ..............................Total receipts less total deductions.Not Income (less deficit)from a trade or business ..................Not income.......................................Deficit...............................................Portfolio Income (less deficit)distributed to shareholders.............Dividend income ...............................Interest income .................................Royalty income (less loss) ................Net short-term capital gain(less loss) .......................................Net long-term capital gain(less loss) .......................................Other portfolio income (not) ..............Real estate rental rot Income(loss deficit) ......................................Not income.......................................Deficit...............................................Not Income (lose deficit)from other rental activity.................Not income .......................................Deficit ...............................................Total not Income (less deficit)...........Net income .......................................Deficit ...............................................(16)7,68118,63415,963,55015,732,980*3132311196:11615,244,79311,661,634125,39829,889112,959343,172158,49813,978375,093-31,28560,39648,035141,8642,8721,636,452718,757716,613879,522162,90956,1231,78750,814*291-6,1329,312*506,9687,056*888488513780,552931,820151,268AU72,4195,9147,224,4617,153,731*1017,71261,2656,938,3425,049,306216,75719,23618,95795,106167,55260,9765,085115,75334,074125,52451964,820286,11.9284,366411,875127,50917,4961,11315,235*225*421.*-56556*-571*121*692*2,609*2,609303,899428,305124,406(18)1,4133,64810,026,1239,932,435*6394,70576,0589,464,5107,146,123318,15336,327_17,82668,670187,35085,51210,250255,823-65,-145---41-1610-47,b7O126,5677151,122,513561,614548,689579,44530,75727,1412,62421,284'71164*2,842*157768*2,261*1 9493576,698605,08428,486(19)22,92443,02333,009,71832,584,359*36661,659352,78531,744,95417,360,4781,721,084168,564_174,649582,130935,761515,143122,0001,029,714*4,6623701208-191,920513,8717,4368,047,3371,264,7641,253,8501,952,987699,137262,38430,245129,3599,7023,52689,25414,02916,894*2,8654,419-4,42241,534,6812,177,476642,795(20)3,97915,00214,211,91814,091,04875,073136,7981762,388,852932,827930,1471,096,922166,77564,9698.34243,4706,469*5635,858*2662,4142,922*508-5,198*5,249*521,002,7281,162,341159,613(21)1,1222,6112,354,8982,311,99047241,2312,274,7001.760,18923,17510,966'4,36611,39632,05018,9472,74088,33710,993107,19713,279,0918,814,335600,57780,33045,744131,913238,579143,76228,661313,7373,579-276,977-9,768--5,1399,528-2,512295,58880,19878,993149,60370,6107,863-1,1876,529.*138.9*1,528-1,528150150889533157,005*68.471(22)4,29510,70317,686,98217j558,~1220,539100,75916,608,34511,997,351618,69468,502~__55_572__136,982433,626261,13728' '082556,069111,287--- -1-73,022258,701. 504.2,008,8161,078,63619071,2641,223,851.152,58683,5574.91765,126*1,7162,9038,754*1401,0254,5983,573*4,175*4,1751,160,0211,307,028147,007Footnotes at end of table.84

S Corporation Returns, 1992Table l.-- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimates based on samples--money amounts are in thousands of dollars)Manufacturing--ContinuedItemLeatherandleatherproductsStone,day, andglassproductsPrimarymetalindustriesFabricatedmetalproductsMachinery,exceptelectricalElectricalandelectronicequipmentMotorvehicles andequipment(23)C24)(25)(26)(27)L20)C29)Number of returns..............................Number of shareholders................Total receipts......................................Business receipts .............................Net long-term capital gain reducedby net short-term capital loss.........Net gain, noncapital assets ..............Other receipts ..................................Total deductions ................................Cost of sales and operations ............Compensation of officers.................Repairs ............................................Bad debts.........................................Rent paid on business property .......Taxes paid .......................................Interest paid .....................................Amortization.....................................Depreciation .....................................Depletion ..........................................Advertising .......................................Pension, profit-sharing, stockbonus, and annuity plans...............Employee benefit programs .............Net loss, noncapital assets ..............Other deductions ..............................Total receipts less total deductions.Net Income (less deficit)from a trade or business.................Net income.......................................Deficit ...............................................Portfolio Income (less deficit)distributed to shareholders.............Dividend income ..............................Interest income ................................Royalty income (less loss) ...............Net short-term capital gain(less loss).......................................Net long-term capital gain(less loss).......................................Other portfolio income (net).............Real estate rental not Income(less deficit) ......................................Net income.......................................Deficit ...............................................Net Income (less deficit)from other rental activity.................Net income.......................................Deficit...............................................Total not Income (less deficit)...........Net income .......................................Deficit...............................................9542,1422,970,2812,941,42515428,3232,815,9182.088,764168,6673,64711,72131,34649,04823,1596,96023,35734,6178,43630,759335,436154,363153,984164,651'10,66712,376*4,8356,175592'774*-61*62*122*500*500166,799177,412'10.6134,5299,9958,520,0858,427,563'638,38182,9798,124,4535,557,806302,56664,49631,541110,396206,436126,78622,415314,53812,69445,67139,566109,8477211,178,975395,632394,469549,476155,00738,8801.20734,829*153*1,980*213*49711,22011,963*743-1,276*11,3311'55445,846586,838140,9938702,7889,263,4149,151,242*1940,18670,0428,905,5767,350,133282,80820,1518,41640,522142,95291,7337,721203,88514,86539,112106,6871,232595,316357,838355,895433,22777,33233,6844,51025,95938*953.0831,033-2,471-1,437-2,485*2,488*2393,098463,51870,42016,90540,20038,900,47438,517,3101 4,34751,566322,14037,100,68426,946,1871,799,867148,60285,927367,864924,520480,20555,421989,103'78178,254196,256584,5942,1284,341,6761,799,7911,790,3332,278,210487,877168,06513,456106,907*7852,16343,984*7682,7349,1396,4068,9449,289*3451,970,0752,432,847462,7727,80319,37319,420,75019,158,895250,290204,04018,312,88112,513,609789,43759,60365,028172,153482,290227,66542,841425,379176,154103,818386,6182812,868,0051,107,8691,100,3441,343,279242,93597,1535.49566,2522,7241,44913,466-7,7662,6172,688*716,4626,4621,206,5761,427,787221,2117,94619,89718,553,72918,388,330*1,29111,768147,58317,684,37011,599,749925,53646,71652,377206,547442,337188,19134,490400,259125231,86980,520257,2705,7033,212,682869,359863,3111,237,790374,47972,2614,09356,216-2,4726136,701*2,1642,1073,9291,822*713*761*49938t3911,299,864361,4721,0542,5067,399,9927,350,5473,09542,2557,072,3015,685,885189,65723,72812,97350,883149,93754,0734,589109,03235,36025,67588,295351641,862327,691323,596362,80139,20412,5952,98918,444'5A*-8,341*-552*457*457-3,853*3,853340,501380,67040,169Footnotes at end of table.85

S Corporation Returns, 1992Table 1-.- All Returns: Total Income and Deductions, Portfolid Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimates based on samples-money amounts are in thousands of dollars]Manufacturing-ContinuedTransportation and public utilitiesItemTransportationequipment,except.motorvehiclesInstrumentsandrotatedproductsMiscellaneousmanufacturingandme nufacturingnot allocableTotalTransportationCommunicationElectric,gas, andsanitaryservices(30)(31)(32)(33)(34)(35)(36)Number of returns..............................Number of shareholders ........... * ....Total receipts......Business receipts .............................Net long-term - capital gain reducedby net short-term capital loss ......Net gain, noncapital assets ..............Other receipts ...................................Total deductions................................Cost of sales and operations ............Compensation of officers.................Repairs ............................. I ...............Bad debts.Rent paid on'*business*property.......Taxes paid........Interest paid ..... ...... * ......Amortization .....................................Depreciation.....................................Depletion ...........................................-Advertising.Pension, profit-sharing, stockbonus, and annuity plans ...............Employee benefit programs ........... ;.Net loss, noncapital assets ..............Other deductions ..............................Total receipts less total deductions.Not Income (less deficit)from a trade or business.....; ..........Net income .............................. ; ........Deficit.; ...............................Portfolio Income (less deficit)distributed to shareholders .............Dividend income........................... ~**Interest income................................Royalty income (less loss)........ ......Net short-term capital gain(less loss)..Net long-term capital gain(less loss) ..... : ..............................Other portfolio income (net) .............Real estate rental net Income(less deficit).......Net income .......................................***'**""*** *......Deficit.................................... ..........Not Income (less deficit)from other rental activity..............Net income ......................... : .............Deficit.; ............................................Total not Income (loss deficit)..........Not income.......................................,Deficit............. ;................... ; .........Footnotes at end of table.2,143507115,333,362.5,271,8403,30857,3235,247,7513,839,297182,57241,0680~5_66,000137,43353,17917;740115;326--22,959-17,50869,0311,356680,105.85,61184,719243,805159,08624,552* 1 140522,420I*-113*838*11,320*11,320*_826*3,104.-3,931109,765266,314156,5492,9038,3676,285,3536,207,861'112,60721,60652,34fl3,365,388389,79917,351-15,463-110,774150,00574,73411,865118,676108,328-42,03088,0551,356,35041215,465431,927509,57677,648142,6532,52527,664-*82*-971 i 2.479*71,052*1 61-1,213*_555 -*557-1,112672,973641,66168,68810,82024,73420,294,39220,08618~8w1V,29919,473,00214,418,602706,86949,157,,___44~845_215S079364,663206,90926,423282,500-,-214.514--76,620184,6332,247,2,679,940821,3901.,035,699216,62862,28612,22241,082*2,979.5236,5252,6893,215*525*4,91 0.4i923*13888,6561,087,631198,97574,886152,10070,076,11868,474,646.*377469,0121,108,97268,948,47932,292,9162,066,6781J08,116--2791903--2,240,4952,322i4981,442,032405,8673,258,509*26- - -406,103 -.210,746837,443115,87622,061,2711,127,6391,104,1513,365,6352,261,484629,42635,346272,716*7,142-624310,7794,06~38,16049,64311,483.,95,25995,3431,771,6523.977.9322.206,280.59,425110,79155,148,29854,102,397*65274,022...756,80254,317,13126.641.5621,453,071911,097-162,436-1,959,045, 1,788,432792,04699,7752,417,573*26---241-.377156,166'692,4615,79816,996,266831 A 68816,0912,116,5071,300,417200,87220,7561151,880*6.9043,54715,793-1,99332,41141,5349,123-13,239,81,985.95,22411,036,11 342,332,4881,296,3549,80328,412111,11 51,2"7,750,618*256242,7278,263,3772,199,910374,30075,374---793,500-1 . 82,331267,661521,617275,163502,781-148,754---26,86167,7028,7203,518,404-112,133-116,753725,543842,296328,16211,89858,8205-3,857260,772.5243,9834,389*40711,26411,285220,6571,033,390806,7335,0812,8986,776,6766,621,631*5741,711109,4426,367,9723,451,444239,308121,645--23967--99:118266,405128,06930,929338,155-15,972- -27,72077,2801,358.1,546,601404,813523,585118,772'100,3912.69362,017*232*-31434,214~*1,5491,766*3,720-1,953*1,890-1,98998508,861612,054103,193.86

S Corporation Returns, 1992Table 1.- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimates based on samples--money amounts are in thousands of dollars]Wholesale tradeWholesale and retail tradeRetail tradeItemTotal(37)Total(38)GroceriesandrelatedproductsL39)Machinery,equipment,andsupplies( 40IMiscellaneouswholesaletradeTotal(42)Buildingmaterials,gardensupplies,and mobilehome dealers(43)Generalmerchandisestores(44)Number of returns ..............................Number of shareholders................Total receipts ......................................Business receipts.............................Net long-term capital gain reducedby net short-term capital loss .........Net gain, noncapital assets..............Other receipts..................................Total deductions................................Cost of sales and operations ............Compensation of officers .................Repairs............................................Bad debts.........................................Rent paid on business property .......Taxes paid.......................................Interest paid .....................................Amortization .....................................Depreciation.....................................Depletion ..........................................Advertising .......................................Pension, profit-sharing, stockbonus, and annuity plans ...............Employee benefit programs.............Net loss, noricapital assets ..............Other deductions ..............................Total receipts less total deductions.Net Income (less deficit)from a trade or business .................Net income.......................................Deficit ...............................................Portfolio Income (less deficit)distributed to shareholders .............Dividend income..............................Interest income ................................Royalty income (less loss)...............Not short-term capital gain(less loss) ....................: .......Net long-term capital gain(less loss) .......................................Other portfolio income (net) .............Real estate rental net Income(less deficit)......................................Net income .......................................Deficit ...............................................Not Income (less deficit)from other rental activity.................Net income .......................................Deficit ...............................................Total net Income (loss deficit) ...........Net income .......................................Deficit ...............................................467,2341,096,998889,290,904879,109,437291,940761,3809,339,703876,637,640674,243,69320,785,8103,637,8081,941,26016,856,34513,750,5466,667,894963,8207,807,1535,4089,961,1011,430,2983,884,848127,636114,574,02112,653,26412,572,88021,351,6758,778,7952,439,888172,4231,299,65831,44613,607906,56016,194205,713267,34961,636136,143182,21846,07515,354,62323,642,8378,288,213123,412259,190379,239,555375,747,708248,661262,1233,176,475371,983,032301,734,13310,117,8071,045,4041,099,9423,633,4254,872,5142,542,371286,5482,649,629-1,1231,886,385888,0091,493,45227,73339,704.5597,256,5237,203,2739,922,7952,719,5211,254,427104,455667,56823,6554,970449,3174,46274,39696,36121.96577,01294,25017,2388,609,10811,085,5442,476,43711,06322,88145,017,46144,735,034*25415,035263,547",453,6"38,058,221910,195138,41295,859323.940361,470174,36240,440272,868188,45466,571122,6876093.699,559563,815559,970768,757208,78868,2285,65943,577*-58918,70787511,92113,012*1,090*789*793*3640,909840,885199,97617.24134,26930,605,14629,903.584*1.83858,789636,68829,862,07022,131,4591,041,440101,358113,404341,001418,582279,61030,360355,497*52146,770110,861196,6642524,594,759743,076736,9921,057,348320,35693,4585,11372,251'4644214,0701 '.rm2,3875,400-3,01331,83347,017*15,185864,6691,163,500298,83195,108202,041303,616,947301,109,089246,570188,2982,276,241297,667,316241,544,4538,166,171805,634890,6792,968.4834,092,4622,088,399215,7482,021,264*11,0701,551,162710,5771,174,10026,87331,410,2415,949,6315,906,3128,096,6892,190,3771,092,74093,683551,74023,6105,117416,5392,05160,08877,94917,06244,39046,4402,0507,103,5299,081,1601,977,630342,516835,552SN,493,634501.863,74643,278499.1306.104,032503,125,521371,513,33110,591,0882,585,952838,74713,189,2858,854,7804.111,863677,2195,132,956-4,2868,057,648540,1162,388,06999,90274,540,2805,368,1135,341,38711,373,2406,031,8531,180,89567,967627,5257,7918,637457,24311,733133,030170,20437,17459,19087,96628,7766,714,50112.497,3935,782,89217,67035,88124,601,47224,351,839*2,508- 49,781199,20924,0",02417,343,712796,438135,65177,722489,305519,817240,27919,063239,346*11,975336,67161,039145,7484173,656,841537,448536,805770,661233,856299,3098,55559,872*396*-2,805233,285619,49120,109'618*11,022-1,022856,6271,067,666211,0393,5679,5528,610,8638,540,32715M27670,0438,448,0955,767,437225,30637,87110,127323,827185,37871,5764,76376,393173,94910,16041,1551701.519,983162,768162,551275,210112,65921,0223,88915,458*2,607*-933.1156*3,191-3,034213213183,942285.475101.5MFootnotes at end of table.87

S Corporation Returns, 1992Table I.- All Returns: Total Income and Deductions, Portfolio incomej Rentallilicome, and Total NetIncome, by Major Industrial Group-dontinued[All figures are estimates based on samples-money amounts are in thousands of dollars)ItemFoodstoresAutomotivedealersandservicestationsWholesale and retail tracle-ContinuedRetail trade-ContinuedApparelandaccessorystoresFurnitureandhomefurnishingstoresEatinganddrinkingplacesMiscellaneousretailstoresWholesaleandretailtradenotallocableNumber of returns...Number of shareholders................Total receipts......................................Business receipts.............................Not long-term capital gain reducedby net short-term capital loss ..........Net gain, noncapital assets..............Other receipts...................................Total deductions ............................ ....Cost of sales and operations............Compensation of officers ..................Repairs .......................Bad debts .................Rent paid on business property ........Taxes paid ........................... 7* ... ** .....Interest paid......................................Amortization .....................................Depreciation ......................................_Repletiqn .................. . .......... : .......Advertising........................................Pension, profit-sharing, stockbonus, and*annuity plans................Employee benefit programs..............Net loss, noncapital assets ...............Other deductions ..............................Total receipts less total deductions.Net Income (less deficit)from a trade or business ..................Net income.......................................Deficit ...............................................Portfolio Income (loss deficit)distributed to shareholders............Dividend income ................................Interest income .................................Royalty income (less loss) ..............Net short-term capital gain(less loss) ........ S ..............................Net long-term capital gain(less loss) .......... : ............................Other portfolio income (net)..............Real estate rental net Income(less deficit).......................................Not income .........................................Deficit .................. ................. e ..........Net Income (less deficit)from other rental activity.................Net income ..................... : ...........I .......Deficit ............. ...................................Total net Income (less deficit)...........Net income ........................................Deficit...............................................(45)34,2561126,11"65,801,83165,160,965'11,982.32,932601,18065,284,21650.088,751837,220385,56399,6081,283,4661,014,864344,47476,426727,620611,09789,331409,26121,3839,295,150517,615510,8611,099,505588,64490,8767,59254,480I8226,4652,25625,50526,804*11,300*4,"9-4,44961,6911,196,125.564,434C40-45,45196,785233,632, 552230,393,776*3,830117.6683,117,965232,372,628-200,440.0382,400,724511,405230,0232,601,3662,118,6941,579,473138,3221.146,965*11,0342,274J~6124,584893,4656,70817,905,69819259,9231,256,1812,459.8781,203,697276,53525,179206,560-*376~,79140,92770"!25,24831,0305,78111,92131,9M20,0321,569,8852,701,8131,131,927(47)17,82556,297112,232,25~12,066,006*9,847-955165,04712,199,4197,612,950385,50549,795,41,876726,177259,582110,9929,309132,966-351,11915,46358,81612,2832,432,581532,83532,589474,017441,42736,48089817,372'39417,817-2,056*3,318*1,261*1 04*166*6171,230496,289425,060(48)16,057~11,39517,169,56116,8399509*25020,807335,32916,754,37910,494,501535,909100,95983,053696,040354,217158J54214,910709,47619,14990,7373,1383,280,186445,181441,266.691,878250,61259 03371340,030958*45616,70619911,63611,810*173*171*171512,105748,538236,433C49)100,700212,45062,982,88662,119,658-5,287201,313 -660,42162,237,78924,792,8642,459,7601,013.91991,1654,264,591.2,903,163877,007245.0531,605,5131,972,79737,857375,22418,58721,580,290745,097743,6032,314,4341,570,831197,0648,018107,350*8931.88671,517*7,4006,16725,81519,64816,20618,249*2,041963,0412,509,8791,546,8381w106,969267,649'63,432,21582,391,666*9,07175,998954,83881,764,97154,973,0772,950,226350,788205,1732,804,5141,499,065729,909170,332989,2431,628,410182,533373,66537,21614,869,5471r,667,2441,657,5313,287,6591,630,127200,57713,123126,403-5,1663,22651,459*1,19942,77048,1285,35825,10231;743*6,6421,'925,9803,491,6091,565,628(51)1i,3062,2551,557,7151;497,98412859.1951,5299087996,22976,9156,452~2,57233,63623,25213,660.'5424,56917,068*2,172*3,327--329,18228,62828,219*55,640*27,4214,5664,565-1,713*784'*2.497*-58*3*6131,01559,899*28,884Footnotes at end of table.881* -

S Corporation Returns, 1992Table 1.- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome, by Major Industrial Group-Continued[All figures are estimates based on samples--money amounts are in thousands of dollars)Finance, Insurance, and real estateItemTotalBankingCreditagenciesotherthanbanksSecurity,commoditybrokers,andservicesInsuranceInsuranceagents,brokers,andservicesRealestateHoldingand otherinvestmentcompanies,except bankholdingcompanies(52)(54)(55)(56)(57)(58)(59)Number of returns ..............................Number of shareholders................Total receipts ......................................Business receipts.............................Net long-term capital gain reducedby net short-term capital loss.........Net gain, noncapital assets..............Other receipts..................................Total deductions................................Cost of sales and operations ............Compensation of officers.................Repairs ............................................Bad debts.........................................Rent paid on business property.......Taxes paid.......................................Interest paid.....................................Amortization .....................................Depreciation .....................................Depletion ..........................................Advertising.......................................Pension, profit-sharing, stockbonus, and annuity plans ...............Employee benefit programs.............Net loss, noncapital assets..............Other deductions..............................Total receipts less total deductions.Net Income (less deficit)from a trade or business.................Net income .......................................Deficit ...............................................273,415755,34361,223,85956,726,91956,581404.8183,973,04359,212,16917,775,9436,425,122285,367471,4001,748,3771,699,9022,457,297223,922805,20713,256831,478319,288492,42576,09225,587,0952,011,6901,892,6107,355,4115,462,801*43*242*56,423*52,440*9-3,908*55,832*4,606*280w-2,904-1,969*6.326'5(M*11,973*11,468*233*511*34,421*591*524*7,837-7,31311,63321,2885,207,8124,479,317*5640,704686,8614,712,259193,745566,51920,885150,254183,375151,223534,14729,51459,58763,31519,30140,52814,9122,684,954495,552494,622742,125247,50210,05420,6146,031,1215,264,610*104253,483497,4875,748,982655,4741,343.5399,34718,336177,616164,148175,6215,40172,33738,39654,99756,6762,977,094282,139266,598769,475502,8771,7862,599587,776584,77619*2,390525,661-56,705*68,575*6,080*165*26.41921,133-5,136*11,325*9,309-4,809-1,818-13,478310,71062,11461,52471,762*10,23833,810104,99912,892,70212,673,446*259,764200,91311,711,M2,513,5981,897.83266,48859.144403,821382,944142,85698,160171,752159,956125,626169,2981,4885,518,1301,181,6091,173,0311,444,284271,253199,332555,26034,473,79032,425,45254,39895,1021,911,62434,458,41014,026,6452,227,264178,311217,673923,507909,7661,448.65981,365455,002*13,255558,57095,374184,94547,98313,090,09015,380-26,2313,765,7773,792,00816,75760,3401,974,2361.246,877-1,9975,737669,8591,999,932329,776316,7873,97725,18630,73468,718144,5527,65735,24814,96421,94026,98811,708971,697-25,696-77,458554,151631,609Portfolio Income (less deficit)distributed to shareholders .............Dividend income..............................Interest income ................................Royalty income (less loss)...............Net short-term capital gain(less loss) .......................................Net long-term capital gain(less loss) .......................................Other portfolio income (net) .............Real estate rental not Income(less deficit)......................................Net income .......................................Deficit ...............................................2,768,992111,7661,553,92563,948121,625798,428119,300-148,1271,627,7071,775,834*3,206*2,681*525*99*99105,5951,63275,666-1.29526.648*355-44,2861,878-46,164410,62211,886134,741*27116,204138,653-9,112-616-1,404*2,019*5,064*694-4,028W*277'535*535158,18417,558114.4878,24715,864*2,0271,569*3,383*11.81141,175,36533,710905,1602,350-45,046259,16420,027-20,4101,597,0751,617,485910,95543,605319,31861,57240,858357,82387.7-79.-85101823.333108,351Net Income (less deficit)from other rental activity .................Net income .......................................Deficit...............................................Total net Income (loss deficit)...........Net income.......................................Deficit...............................................66,535112,07445,5394,580t01 110,954.9906,374,979*3,829*10,583*6,754-1,428-2,232.101557,360803,060245,7005,167*5,274*108681,T72960,071278.299*69*6967,19277,431-10,238*27,703*27,836*1321,360,4881,564,452203,96442,35574,09931,7431,171,0796,073,1534,902,074-10,188*2,56312,751738,2921,466,241727.949Footnotes at end of table.89

S Corporation Returns, 1992Table 1.- All Returns: Total Income and Deductions, Portfolio Income, Rental Income, and Total NetIncome; by Major Industrial Group-Continued[All figures am estimates based on samples--money amounts are in thousa dsotdollars]ServicesItemTotalHotelsand otherlodgingplacesPersonalservicesBusinessservicesAuto repairmiscellaneousrepairservicesAmusementandrecreationservicesOtherservicesNature ofbusinessriotallocableNumber of returns.......Number of shareholders *- ...................... Total recelpts ......................................Business receipts ..............................Net long-term capital gain reducedby not short-term capital loss .........Net gain, non*ital assets ..............Other receipts..........*................. ......Total deductions.... Ị ........ Ị ..................Cost of sales and operations ............Compensation of officers.................-Repairs................... : .........................Bad debts ...................... i ..................Rent paid on business property.......Taxes paid ...........Interest paid ................ ** ............. ---*--'...: ......Amortization..................... : ...............Depreciation ....................................... ................................Advertising.............. ........................Pensio n, profit-sharing,'stockbonus, and annuity plans...............Employee benefit programs .............Net loss, noncapitAl assets ...............Other deductions ..............................Total recelpts less total, deductions.Not Income (less deficit)from a trade or business.................Net income ........................................Deficit...............................................Portfolio Income (loss diftit)distributed to -shareholders ............Dividend'income ...............................Interest income .....................................Royalty income (less,'IoSS)..r .............Net short-term capital gain(less loss)...Net long-term capital gain(less loss).......................................Other portfolio income (net) .............Real estate rental net Income(less deficit)......................................Net income.......................................Deficit ...............................................Not Income (less deficit)from other rental activity.................Net income ............... : ... *'*** ... -'** ... -Deficit .................................................Total net Income (loss deficit)..........Net income ........................................Deficit ...............................................(60)587,177111,465,565261,664,,M254,266,242'.: 19,280962,9626,229,107250,862,,M79,083,47426,821,12.02,313,446. 905,15810,673,49810,233,593. 4,268,6501,255,2207,654,304.9,9T3,280,5261,712,6953,060,26~68,95499,521,55810,642,01310,595,86118,463,2997,867,4381,905,1911112,3251.039.826101,234.101.972544,6835,149163,526236,21172.684159,850351,678191,82812,824,42820,287,5617.463,133*Estimate should be used with caution because of the small number ofNOTE: Detail may not add to total bemuse of rounding.(61)14,73037,27011,956,2461 1'.667,448*2128,5D4279,10312,322,3091,710,006221,221.354,13826,069594,307771,773838.86130,415757,944-353,57315,400426,3291 4146,221,858-M,063-367=451,346818,599233,5357,120154,221-7,21760,921*4,01 131,888.36,8975,009-4,934-5,521~ *587-96,896.630,436727,332(62)45,379118,62413,138,54913,008.710*75450,67712,787,9384,499,9301,104,370150,093~30.587885,152543539165:33251,622400,964.*143210,50464,115.84,7642,11 04,574.713350,611~49,450.653,472304,02249,1664,35434,077*6,2423,467-1,0262,7604,577-1,817*9,824-9,824-411,199696" 186284,987returns an whkh It Is based.(63)180,359402,29492,~W,65990,031,36715,080242,1032,203,65488,691,42637,204,5437,587,049487,857379,8542,709,9303,406,900937,552253,3992,087,121w871,305416,848923,912.32,358,31,392,1173,813,2323,785,6996,394,7462,609,048749,32042,312,364,28235,2396o, 1 o3247,377726,08560,71834.63387,081256,446169,3654,648,1867,212,6552,513A.470(64)63,97422%55223,572,33722,945,752399,956225,30022,976,36111,433,6031,285,961219,73658,505988,857843,128453,44049,6511,285,201-357,44340,532M,6951 5,5485,726,059595,976_594,6461,097,367502,72149,5553,46142,651*155*2,2~21,016-23,864'34,375-10,51210p751-19,506*8,755678,8161,180,743501,928(65)51,685105,75123,429311022,5ffi:118*1,944W,579744,81822,649,1496,021,6931,521,178405,84725,0501,156,1131,059,170605,011629,6481,239,712*230519,74083,297140,5645,2989.234,599780,161777,3671,940,3201,162,953188,7566,635134,507*16,21012,58816,742*7424,57133,634*9,0639,26412,585-*3.322999,9582.127,5841,127,626(66)230,943575,0749690336394:024'848-1,291168,1422,698,23191,435,26718,213,69815,101,341- 695,775385,092.4,337,138-3,609,0831,248,453240,4851,883,362*8.939967,9611,092,5031,256,00023,2?642,372,2115,468,0965,455,9537,926,0482,476,095634,8W46,444310,09042,41220,722215,1613054,35866.00911.65037,99547,795*9,8006,183,1668,439,9562,256,790C67)5,57493,194'.1,405,1551,359,640-15,06030,3881,342,050855,818-45,3175,000-112,241129,20822,53618,555-8,11216.833-32,936__-7,891*4.257-7,301276.04763pl 0563,03897,067'34,029*8,939*11,239-7,245-*-7,*'*1,200--71,977103,60231,62590;

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group[All figures are estimates based on samples-money amounts are in thousands of dollars]MiningAJI Agriculture,Item industries forestry, Metal Coal Oil Nonmetallicand fishing Total rrdning mining and minerals,gas except fuels(2) (3) (4) (5) (6) (7)Number of returns, total ................. 1,785,371 65,OS5 15,563 *701 813 11,902 2,147Number of shareholders ............ 4,656,067 191,563 44,376 .8,404 2,168 29,786 4,018Total assets..................................... 808,090,675 23,264,119 11,980,729 -299,340 1,661,178 7,560,293 2,459,918Cash .............................................. 77,366,319 1,853,823 1,278,617 *9,124 186,951 787,019 295.523Notes and accounts receivable ...... 150,367,365 2,014,140 1,615,009 -67,255 261,499 955,400 330,855Less: Allowance for bad debts.... 2,584,173 5,864 23,486 - -6,792 *752 15,942Inventories ..................................... 153,561,102 1,992,292 322.510K73,206 64,515 184,758Investments inGovernment obligations .............. 5,252,913 26,663 293,636 *52,009 224,702 *16,925Tax-exempt securities ................... 3,301,498 1799646 *68,072 - *5,824 *62,2D6 '42Other current assets ...................... 44,285,834 615,895 479,576 *30,544 44.276 353,090 51,666Loans to shareholders ................... 14,878.249 699.520 306,024 - *10,049 255.832 40,143Mortgage and real estate loans ..... 10,892,649 258,561 -3,297 *52 - '57 *3,188Other investments.......................... 57,142,224 1,477,965 2,131,522 *10.142 134,933 1,747,649 238,798Depreciable assets ........................ 438,891,260 20,202,439 7,660,977 *241,084 1,665,180 3,407,896 2,346,817Less: Accumulated depreciation. 228,414,153 12,385,351 4,669,853 *154,758 1,014,168 2,057,492. 1,443,435Depletable assets .......................... 3,653,726 87,737 2,403,508 '31,236 '75,877 2,138,381 158,013Less: Accumulated depletion ...... 1,317,919 *16,399 968,271 *6,534 -9,611 901,007 51,118Land ............................................... 43,866,647 5,506,512 514,713 -45,379 56,044 170,163 243,126Intangible assets (amortizable) ...... 24,333,483 123,702 142,546 *6.752 *21,024 106,602 8,168Less: Accumulated amortization. 11,244,952 60,208 45,034 -2,026 -1,670 38,531 2,807Other assets.................................. 23,858,606 693,045 467,366 *21,059 106,546 284,563 55.198Total liabilities808,090,675 23,2649119 11,980,729 *299,340 1,661,178 7,560,293 2,459,918Accounts payable........................... ********"'**'**... * 1049178,988 1,068,410 1,111,534 *38,805 262,400 660,645 149,684Mortgages, notes, and bondspayable in less than 1 year......... 114,895,644 3,444,019 832,204 *60,942 252,723 352,251 166,288Other current liabilities................... 63,717,873 909,874 603,237 *4,599 77,753 400,071 120.814Loans from stockholders ............... 91,894,951 5,497,276 1,634,425 *69,119 308,541 1,180,259 76,506Mortgages, notes, and bondspayable in one year or more ....... 180,851,262 5,875,235 2,289,410 *20,527 327,731 1,356,729 584,423Other liabilities ............................... 26,208,730 901,166 701,919 '41,341 112,759 411,259 136,560Net worth ....................................... 226,343,226 5,568,139 4,807,999 *64,OD6 319,271 3,199,080 1,225,642Capital stock.................................. 42,268,497 3,691,127 663,701 -90,299 22,647 501,307 49,449Paid-in or capital surplus .............. 79,593,542 5,182,843 3,390,422 '128,410 139,567 3,003,424 119,022Retained earnings unappropriated 118,063,424 2,601,481 1,066,021 '154,703 211,993 127,341 1,136,072Less: Cost of treasury stock....... 113,582,237 1 704,3491312,146 1-1*54,9361178,310 1 *78,900Footnotes at end of table.91

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group-Continued(All figures are estimates based on samples-money amounts are In thousands of dollars)ConstructionManufacturingItemTotalGeneralbuildingcontractorsandoperativebuildersHeavyconstructioncontractorsSpecialtrade.contractorsTotalFood andkindredproductsTextilemillproductsApparelandothertextileproductsNumber of returns, total .................Number of shareholders.............Total assets.....................................Cash ..............................................Notes and accounts receivable......Less: Allowance for bad debts ....Inventories .....................................Investments inGovernment obligations ..............Tax-exempt securities ....................Other current assets ......................Loans to shareholders...................Mortgage and real estate loans......Other investments ...........................Depreciable assets... .....................Less: Accumulated depreciation.Depletable assets..........................Less: Accumulated depletion ......Land ...............................................Intangible assets .(amortizable)Less: Accumulated amortization.Other assets..................................Total liabilities .................................Accounts payable...........................Mortgages, notes, and bondspayable in less than 1 year.........Other current liabilities ...................Loans from stockholders ................Mortgages, notes, and bondspayable in one year or more .......Other liabilities ...............................Net worth .......................................Capital stock..................................Paid-in or capital surplus.......... : .....Retained earnings unappropriated.* Less: Cost of treasury stock .......Footnotes at end of table.178,761566,36567,36Z3559,425,00018,601,01592.66210,952,600378,695295,0137,037,6731,356,293.618,2764,079,94630,520,07119,753,688107,79443,6672,188,182-277,357-142,2021,556,66067,36Z35512,427,5369,533,4468,211,4125,177,3718,278,6832,177,72421,556.1832,009,4773,330,17517,065,676849,145(9)70,877290,63234,584,8724,093,0087,626,76731,2848,722,652125,650107,6914,272,830629,494455.1792,363,3708,012,6194.303,474'15,155*2,3661,511,590- -91,302-34,612929,30034,584,8726,732,4156,470,2364,212,8863,181,1494,596,7921,386,1428,005,253692,5751,927,2305,612,565227,117(10)6,84014,9189,867,0731.654,6632,716,84510,344317,755143,81559,969969,000123,43164,437717,0648,269,4295,677,63086,59136,511250,069---33,449--14,657199,7009,867,0731,495,572776,220963,072424,237.1,255,311212,9204,739,742317,862367,7624,234,427180,310101,044260,81422,910,4093,677,3288,257,40351,0331,912,193109,230127,353.1,795,843603,36898,660999.51214,238,0229,772,584*6,048-4,789426,523---152,606-92,934427,66022,910,4094,199,5502,286,9903,035,4551,571,9852,426,580578,662.8,811,188999,0391,035,1827,218,684441,718(12)117,812290,563151,922,98712,968,09337,142,827749,24334,692,4151,162,410870,5796,321,1021,429,552298,758 '8,011,75395,855,55654,946,523527,96392,9312,831,975-4.332i649-1,814,9323,080,983151,922,987211,050,05216,435,07111,722,4569,218,43124,152,6773,884,51765,459,7825,250,7017,821,05755.676,7393,288,716Ll 3)8,04634,87317,230,05711208,7833,448,60784,9783,615,078145,62272,916584,289161,532*16,8731.007,19812,773,8406,903,159-1,913472,469----592,635 -197,924314,36417,230,0572,337,5781,932,0481,007,9081, 1 M,6923,217,016290,2247,288,592599,938864,5056,188,412364,264(14)2,4095,6357,334,236556.6241,716,87639,9121,953,905*70,140-87,058307,11429,8Ei6-_ - --2T7,1 104,493,2082,355,Z78'19,704*9,38078,514-- 59,928 -32,647121,4177,334,2361,143,498704,714371,092356,2041,311,247164,5393,282,941189,380353,2862,855,238114,963(15)7,59815,35010,165,737730,5512,793,03488,6473,728,534'62,492-61,051703,31695,746*22,554-- 381,3833,183,9441,790,15155.975181;421-73,706118,23910,165,7371,696,4591,397,358768,774850,0051,055,823168,0334,229,284195.724.528,0023,768,849263,29292

S Corporation Returns, 19920Table 2.-- All Returns: Balance Sheet by Major Industrial Group--continued[AJI figures are estimates based on samples-money amounts are in thousands of dollars]Manufacturing--ContinuedItemLumberandwoodproductsFurnitureandfixturesPaperandalliedproductsPrintingandpublishingChemicalandalliedproductsPetroleum(includingintegrated)and coalproductsRubberandmiscellaneousplasticsproductsNumber of returns, total .................Number of shareholders .............Total assets.....................................Cash ..............................................Notes and accounts receivable ......Less: Allowance for bad debts ....Inventories .....................................Investments inGovernment obligations ..............Tax-exempt securities ....................Other current assets ......................Loans to shareholders...................Mortgage and real estate loans ......Other investments ..........................Depreciable assets ........................Less: Accumulated depreciation.Depletable assets ..........................Less: Accumulated depletion ......Land ...............................................Intangible assets (amortizable) ......Less: Accumulated amortization.Other assets..................................Total liabilities....Accounts payable -*****-............. ........................... 70*Mortgages, notes, and bondspayable in less than 1 year .........Other current liabilities...................Loans from stockholders................Mortgages, notes, and bondspayable in one year or more .......Other liabilities ...............................Net worth .......................................Capital stock..................................Paid-in or capital surplus ................Retained earnings unappropriated.Less: Cost of treasury stock........(16) 1 (17)7,681 2,41918,634 5,9147,360,498 3,105,099650,674 274.8411,292,349 953,33626,520 12,2031,877,046 820,87268,098-3,109368,05631,275-32,177347,1385,122,0653,142,512273,24114,978215,86660,97830,174232,609*5,681*7,456104,04621,397-12,445139.7221,648,6841,005,05855,18026,36915,38767,7197,360,498 3,105,099847,517 477,943945 362,607602:' 537 1 265,792778,570 168,166887,386 330,781128,383 31,9363,170,663 1,467.875355,776 163,262656,347 45,5232,248,550 1,300,81690,009 41,726(18)1,4133,6485,255,561276.0761,229,48418,3811,004,228*6,900'151,173201,82649,475*11,693371,6423,690,2521,983,52335,98359,92369,05214,641114,4005,255,561682,464448,043298,82367,890689,95178,0982,990,29293.377228,4972,763,99395,575(19)22,92443,02317,004,7911,698,4984,234,516110,0201,553,709142,463123,187856,685320,14967,310908,77912,740,0617,226,838-16,830-14,673309,5421,422,841596.522558,27417,004,7912,128,1371,586,3241,973,9671,084,8094,054,7661,008,1975,168,591558,604850,3534,251,841492.206(20)3,97915,0027,050,334640,7131,828,12443,4031,514,681*6,180-15,100211,63741,280-29,202406,3024,285,6202,284,2322,318883157,079184,47971,086127,2247,050,3341,019,812740,500420,054334,2721,001,673167,1873,366,836296.039341,1102,947,586217,899(21)1,1222,6111,582,557203,976293,564-1,068243,045'11,17475.766*71,433-4,795*29,6711,203,210718,894-n,599*20,830-75,31210,5436,28429,5451,582,557209,986*41,06291,899-69,192250,956*18,796900,66732,127184,248700,234*15,942(22)4,29510,7039,626,756631,0152,254,50336,9091,786,746-59,647*54,632344,09790,389*9,516879,5247,033,6703,854,876132,889145,57989,852186,1869,626,7561,238,1161,099,014636,705409,7021,926,157162.9224,154,140318,824329,5713,647,501141,756Footnotes at end of table.93

-2,956,349S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group-ContinuedIAJI figures are estimates based on samples--money amounts are in thmisands of donarsiManufacturing -ContinuedItemLeatherandleatherproductsStone,clay, and.glassproductsPrimarymetalindustriesFabricatedmetalproductsMachinery,exceptelectricalElectricalandelectronicequipmentMotorvehicles andequipment'Number of returns, total.................Number of shareholders............Total assets........................................Cash .............................. I .................Notes and accounts receivableLess: Allowance for bad debts....Inventories............... .......................Investments inGovernment obligations..............Tax-exempt seeurifies ....................Other current assets ......................Loans to shareholders...................Mortgage'and-real estate loans.......Other investments ............................Depreciable assets.........................Less: Accumulated depreciation.Depletable assets..........................Less: Accumulated depletion ......Land...............................................Intangiblii wis6ts (amoftkabIe)-...-.Less: Accumulated amortization.Other assets ..................................Total liabilities ............ .................Accounts payable ........................Mortgages, notes, and bondspayable in less than 1 year.........Other current liabilities.'..: ...............Loans from stockholders ................Mortgages, notes, and bondspayable in one year or more .......Other liabilities ..................Net worth................... 7 ....... ** .......Capital stock... :................. !--**-7~aid-in or capital surplus ................Retained earnings unapp . ropriated.Leis: Cost of.treasury stock .......Footnotes at end of table.(23)9542,1421,264,47130,213379,4666,407459,99436,40293,190299,174182,804*474~657,488*43,733*23,319.26,9281,264,467247,732171,72768,977*125,16996,966-6,848548,04766,319*36,135495,836*50,242(24)4,5299,9954,863,191493,806990,846~ 21,494725,457-74,930-2,564176,91048,632*6.151--309.5614,249,4602,608,31795,37728,818189,51699,790-108,9394,863,191528,025594.783251,713.169,918946,01780,2042,292,531133,826326,4201,917,99685,712- (25)870.2,7884,154,396304,2511,184,30413,913872,577*24,232-6,199124,27825.559-- *7 505-240:5331,748,557 .613*51878,09290,bli.-51,55153,6324,154,396716,057386,187248,75491,825.661,236.75,2341,975,103133,339190,2741,785,640134,151(26)16,905.40,20019,736,7351,880,56875,7234,316,089-163,364128,70366,437140,816-38967-979:97313.968,3018,425,102--1,114353,436QT097-163,914292,38419,736,7352,714,6492,190,25611368,8751,164,8063,133,755369,7638,794,631605,583'724,3637,826,9961 362,312L(2717,80319,37310,496,763990,3672,765,16035,7172,977,756120,262'16,503416,51683,780-.8-194501:8775,787,2113,582,298150,72526068699,419144,96510,496,76311472,0741,129,107977,519701,2391,022,656465,5254,728,644340,246518,3144,122,299252,214J28)7,94619,8979,215,882797,4352,495,84851,5612,529,87594,454*91,022440,28382,778..10,764-403,0154,421,0892,579,410-2,098-1,626192,827218,1_4981,574153,4159,215,8821,279,134941,536982,336643,8871,119,633274.6363,974,720506,426498,319.3,2W,705267,729C2941,0542,5063,082,9132D4,471759,6428,8341,065,50837,714*26,080167,102-13,230*2 825-153:5771,374,130820,090.42,30614,5604,47355,165.3,082,913.480,124389,D43247,9771D4,43637~1,55845,4671,442,30925,324196,8241,244,973'24,81294 ,

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group--Continued[All figures are estimates based on samples-money amounts are in thousands of dollars)Manufacturing--Conti ued Transportation d public utilitiesTransportation Instruments Miscellaneous Sectric,Item equipment, and manufacturing gas, andexcept related and Total Transportation Communication sanitarymotor products manufacturing servicesvehiclesnot allocable(30) (31) (32) (33) (34) (35) (36)Number of returns, total ................. 2,143 2,903 10,820' 74,886 59,425 9,803 5,658Number of shareholders ............. 5,171 8,367 24,734 152,100 110,791 28,412 12,898Total assets..................................... 2,608,753 3,282,493 7,501,766 37,327,173 24,063,892 8,665,133 4,598,148Cash .............................................. 240,261 430,200 624,770 3,441,263 2,213,290 624,407 603,565Notes and accounts receivable ...... 529,745 828,725 2,037,491 6.810,045 4,493,014 1,322,602 994,429Less: Allowance for bad debts .... 8,624 22,584 42,346 96,580 43,829 45,002 7,749Inventories ..................................... 695,560 869,617 2,082,139 767,656 607.872 90,841 68,943Investments; inGovernment obligations .............. -8,178 -27,637 -33,240 132,807 '42,724 '59,061 *31,021Tax-exempt securities .................... 3,332 '18,266 *2,228 136,268 63,535 *34,772 *37,961Other current assets ...................... 160,572 104,537 335,234 2,363,309 1,550.411 665,427 147,471Loans to shareholders................... '15,731 30,938 75,555 696,793 443,058 161,457 92,277Mortgage and real estate loans...... '13,455 *2,140 -2,193 154,984 120,030 *2,217 '32,737Other investments .......................... 121,865 197,874 261,819 2,252,006 1,210,799 587,986 453,221Depreciable assets ........................ 1,414,330 1,409,132 3,801,826 34,452,652 25,188,371 5,470,728 3,793,552Less: Accumulated depreciation. 812,649 810,987 2,111,788 18,748,587 13,555,287 2,988,964 2,204,336Depletable assets .......................... *623 *75 51,387 *50,339 *1,047Less: Accumulated depletion...... *588 -8 *13,354 '13,239 *115Land ............................................... 42,654 59,458 102,724 850,883 562.039 158,278 130,565Intangible assets (amortizable) ...... 29,018 116,606 260,127 3,5D4,805 699,673 2,569,609 235,523Less: Accumulated amortization. 12,546 39,049 111,073 1,383,542 307,312 950,402 125,828Other assets.................................. 167,837 59,916 147,627 1,954,381 738,402 902.116 313,863Total liabilities ................................. 2,608,753 3,282,493 7,501,766 37,327,173 24,063,892 8,665,133 4,598,148Accounts payable ........................... 432,269 351,293 1,047,185 4.378,591 3,023,701 657,838 697,053Mortgages, notes, and bondspayable in less than I year......... 232,833 266,987 875,499 4,178,821 2,767,201 880,094 531,526Other current liabilities................... 325,682 318,648 494,424 3,121,608 1,992,664 774,869 354,075Loans from stockholders ................ 167,566 195,798 578,286 4,792,285 2,970,327 1,535.761 286,197Mortgages, notes, and bondspayable in one year or more ....... 451,677 459,612 1,161.811 12,739,892 7,237,986 4.346,873 1,155,034Other liabilities............................... 182,662 32,396 134,470 2,239,069 774,848 945,212 519,009Not worth ....................................... 816,065 1,657,759 3,210,090 5,876,906 5,297,165 -475,512 1,055,264Capital stock .................................. 124,797 131,654 380,137 1,845,330 1,193,526 539.782 112,022Paid-in or capital surplus ................ 299,758 142,344 506,865 4,750,008 3,716,336 678,895 354,778Retained earnings unappropriated. 423,740 1,457,003 2,491,530 82,195 803,606 1,515,642 629,841Less: Cost of treasury stock........ 1 1 *32,230 1 73,241 1 168,441 1 636,236 1 416,303 1 178,548 1 '41,386Footnotes at end of table.95

S Corporation Returns, 1,992Table 2.-- All Returns: Balance Sheet by Major Industrial Group-Cointinued.. [All figures are estimates based on samples-money amounts are in thousands of dollars]Wholesale and retail tradeWholesale trade. Retail tradeItemNumber of returns, total.................Number of shareholders..............Total assets......................................Cash ..............................................Notes and accounts receivable ......Less: Allowance for bad debts ....Inventories .......................................Investments inGovernment obligations..............Tax-exempt securities.....................Other cumant assets......................Loans to'shareholders..~ ................Mortgage and real estate loans .....Other investments.........................Depreciable assets.........................Less: Accumulated depreciation.Depletable assets .........;................Less: Accumulated dep~letion ......Land ...............................................Intangible assets (amortizable):.Less: Accumulated amortization.Other assets ..................................Total liabilities ..................................Accounts payable.......... : .................Mortgages, notes, and bondspayable in less than 1 year.........Other current liabilities..~................Loans from stockholders ................Mortgages, notes. and bondspayable in one year or more ......Other liabilities...............................Net worth .......................................Capital stock ............. :---***-***-Paid-in or capital surplus..... ..........Retained earnings unappropriated.Less: Cost of treasury stock .......Footnotes at end of table.Total(37)467,2341,096,996251,051,66823,181,48252.323,025862,45191,285,735799,327585,7858,707,3823,396,197809,1299,527,122100,368,48354,9 i 2,589108,33374,3696,315,3367,157,083-~1,1189,6525,526,311251,051,6684~,490,68350,562,84116,355,24823,536,32137,220.8553,393,35073,498,37011,846,949116,1120,79850,067,0484,625,671Total'(38)1123,412259,190111,764,5029,905,20835,186,160565,81635,690,857543,795367,0754,330,8081,394,2253611,0605,414,096,331,963,49419,583,80889,273*64,2201,880,3682,620,390-929,047.1,760,586111,764,iO227,239,46717,020,3726,829,2797,468,28711,603,8961.634,90039,968,3013,454,6264,658,18534,322,566*2,477,076Groceriesandrelatedproducts(39)11,06322,8818,401,544817.8412,853,W636,3831,979,284*5,085'85,183332,99280,538*2,958325,487,3,113,8081,724,4341.39,162351-,987--110,021184,7258,401,5442,250,4091,134, 105406,754544,839971,80256.8523,036,7832144,3118,238,8262,766,756213,116Machinery,equipmentandsupplies(40)17,24134,269~12,655,2731,027,0833,688,75359,4184,628,499'117,928*18,392287,183103,26932.670541,0074,243,7742,351,405-1,697-1,209171,464-154;851-73,984124,71912,655,2732,954,4411,814,939771,968971,2171.591,927156,3634,394,417375.333506,2023,806,919294,637Miscellaneouswholesaletrade ',(41)95,108202,04190,707,6868,060.28328,644,677470,01529,063,074420,782263,5003,710,6331,210,418325,4324,547,60126,605,91215,507,97087,Ei76-63,0111,569,741-1-5113 552--.745:0421,451,14290,707,68622,034,61814,071,3285,650,5575,952,2319,040.1671,421,68632,537,1012,834,9753,913,15727,758,8911,969,923Total(42)~42,5116835,552138,731,76913,187,49517,006,212295,44355.444,997255,531218,7104,368,6231,993,3464,109,99866,152;7,q35,206.40619.060'10,1494,423,561--5-115'939-2:254:9463,761,625138,731,76919.106,59133,429,9729,501,05116,6W,97525,563,3071,758,37033,363,5038,369,03811,408,57815,734.4822,148,595Buildingmaterials,gardensupplies,and mobilehome dealers. t43117,67035,8819,106,343683,7491,916,685W,4163,541,194-35,281-12,587215,309137,130-115,290-406,1813,561,6172,037,836-5,558-4,123350,684--101'821--35:117132,7499,106,3431,430,5421,076,345464,602806,3881.579,893112,4713,636,100450,302456,4852,860,543131,230Generalmerchandisestores-C44)3,5879,5523,172,822311,165328,826-4.1381,511,229-33,09488,63021,830- *2,633-.111,2441,217,172707,58392,848-184'123-87:21568,9643,172,822654,101227,968165,022159,393577,74136,1301,352,4691141,993436,443816,936.42,90396

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group-continued[All figures are estimates based on samples--money amounts are in thousands of dollars)ItemFoodstoresAutomotivedealersandservicestationsWholesale and retail trade-ContinuedRetail trade--ContinuedApparelandaccessorystoresFurnitureandhomefurnishingstoresEatinganddrinkingplacesMiscellaneousretailstoresWholesaleandretailtradenotallocableNumber of returns, total .................Number of shareholders.............Total assets .....................................Cash ..............................................Notes and accounts receivable ......Less: Allowance for bad debts....Inventories .....................................Investments inGovernment obligations ..............Tax-exempt securities ....................Other current assets ......................Loans to shareholders...................Mortgage and real estate loans ......Other investments ..........................Depreciable assets ........................Less: Accumulated depreciation.Depletable assets ..........................Less: Accumulated depletion ......Land ...............................................Intangible assets (amortizable) ......Less: Accumulated amortization.Other assets..................................Total liabilities .................................Accounts payable ..........................Mortgages, notes, and bondspayable in less than 1 year.........Other current liabilities...................Loans from stockholders ................Mortgages, notes, and bondspayable in one year or more.......Other liabilities ...............................Net worth .......................................Capital stock..................................Paid-in or capital surplus................Retained earnings unappropriated.Less: Cost of treasury stock.......Footnotes at end of table.(45)34,256126,14412,252,3361,402,795715,1123,5023,096,709'11,290-15,282535,611152,424*39.518440,1999,390,2834,894,902*8,196-1,626576,033549,090239,631459,45412,252,3362,288,3941,141,595892,0401,334,1872,972,684174,3663,449,070598,078468,7232,613.435231,165t46J45,45196,78552,970,9053.838,4606,356,25294,80529,768.258'56,071*50,1221,330,917666,34386,0551,030,80514,252,1567,344,605-1,919*1,0691,520,763807,594392,719938,38652,670,9054,180,13425,291,8772,982,8354,162,8766,914,933436,6938,901,5562,818,0723,630,2503,127,665674,431(47)17,82556,2974,709,245512,008410,10816,6562,401,576*5,8582,763238,84854,513*42,78491,7241,784,322960,026*158*10324,69059,03627,14784,7894,709,245925,171431,384358,563751,563741,89050,0211,450,652225,181562,412704,26141,202(48)16,05731,3957,408,783750,8431,570,00932,3332,842,180-51,059*38,932234,69477,806-16,114194,6762,680,6611,319,511151,83485,08022,62289,3607,408,7831,320,645609,797814,734568,9071,164,125152,8582,777,717533,335738,5521,720,385214,555(49)100,700212,45020,109,4452,325,289699,0211.331981,548-21,619-11,513653,704581,72599,340789,03021,448,14611,076,027-3,224-3,2241,202.8642,101,522856,2181,127,69920,109,4452,038,0811,398,7771,743,2273,967,9347,387,984398,4243,175,0171,921,8272,949,0551,335,4T7360,388(50)106,969267,04929,101,8913,363,1865,010,200110,26211,302,30341,25887,5111,070,910301,57439,1371,046,14011,818,3866,865.917-5*4503,8441.227,671594,276860,22529,101,8916,269,5223,252,2292,080,0284.257,7264,224,058397,4078,620,9211,680,2502,166,6585,226,734452,721(51)1,3062,2SS555,39688,778130,653-1,192149,8817,951*8.627-7,197*3,028252,246122,375*1 1,408'20,754*5,659*4,100556,396144,625112,49824,917*53,059-53,651*80166,56623,28554,03589,24697

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group-continued[All figures are estimates based on sarnples-money amounts are in thousands of dollars]Finance, Insurance, and real estateItemNumber of returns, total .................Number of shareholders............*.,Total assets ........:..............................Cash-.........Notes and accounts receivable......Less: Allowance for bad debts....Inventories.....................................Investments in.Government obligations ..............Tax-exempt securities ....................Other current assets ......................Loans to shareholders...................Mortgage and real estate loans......Other investments ..........................Depreciable assets.................... ...Less: Accumulated depreciation.Depletable assets ..... ; ....................Less: Accumulated depletion ......Land ...............................................Intangible. assets (amortizable) ......Less: Accumulated amortization.Other assets ..................................Total.liabilities .............. ................Accounts payable ...........................Mortgages, notes, and bondspayable in less than.1 year.........Other current liabilities...................Loans from stockholders................Mortgages, notes, and bondspayable in one year or more .......Other liabilities...............................Net worth.......................................Capital stock..................................Paid-in or capital surplus ................Retained earnings unappropriated.Less: Cost of treasury stock.......Footnotes at end of table.Total(52)273,415755,343148,211,301110,40614,'042:616 ,350 1039,471,6432,074,042763,68312,513,8193,244,4977,980,36721,254,80957;189,97416.990,082248,29265,46119,649,065. -9,578.832- 1,159,1215,357,971148,211,3017,770,86017,170,55710,772,63521,642,93355,853,0917,426,70327,574,5229,489,374. 24,322,8235,026,0211,211,653Banking(53)*43*242W,272-:545 7:=366-*25,386*72,672-*82,672-24,0118*1 1,414-*454- --!2.617-.6Q-2,016-301,272*11,685*99,566*59,677-11,744-. *29853*4,486.-121,260-37,285*79,773-4,202-Creditagenciesotherthanbanks(54)11,63321,28813,468,654-' 865'60041-693,958117,966-*70,546'17,3451,563,059115,2123,724,821~1,901,802585,356234,529--34,59968,310.183,24313,468,654478,1884,707,396- 865,621957,1163,963,974766,5571,729,802697,716719,070351,49738,481Security,commoditybrokers,'andservices(55)10,05420,6149,226,8761'062'098 1,453,944*1.623-1,413,197-111,8081,888,805179,000-2,493,052696,111332,04055,33038,067*35,39910,875198,7189,?26,8761,720,907-.709,8433,030,028357,035438,024543,3742,427,666.507,4161,202,642-819,629102,020Insurance§13)1,7862,599374,91009,8551*28,343*120--.46 60*8:0930*58,483.'iQ,7~4 1'-75,890--9,202-*18,405-----2,398*33,316374,910-35,824'22,115*82.476'24,607*53,338*8,786147,76450,218- 16,07881,468Insuranceagents,brokers,andservices(57)33,810104,9997,052,4462,251,033.1,939,3938,058,*3,443*19,112468,673354,781349,98794,5927,649,2702,371,21667,111- - -3,600,402 -499,9402.189,5771,372,553'10,380-5,39645,213-9,228,45062,733,98314,762,767157,03419,58518,870,115819,015-- - 1-1510,283-509,652280,433545,5824,428,6437,052,446.,2,667,471378,869958,425598,307.906,652149,5811,393,141211,048303,4271.045,739167,073Realestate(58)199,332'-.555,260105,385,1455,311,8155,134,619198,0129,470,683105,385,1452,767,29410,863,9025,314,61117,965,72648,358,9245,348,17914,766,5096,732,73917,173,6478,364,702775,175Holdingand otherinvestmentcompanies,except bankholdingcompanies(59).16,75750,34012,401,998748,405~747,294-24,558*960211,482519,681824,380216,258-588,0336,990,410820,206200,889-25,547-2,413654,08221,657,231,60212,401,99899,489388,866461,7981,728,3992,129,327605,7396,988,3801,252,9534,828,1851,036,146128,90498,

S Corporation Returns, 1992Table 2.- All Returns: Balance Sheet by Major Industrial Group-Continued[All figures are estimates based on samples-money amounts are In thousands of dollars]ServicesItemTotalHotelsand otherlodgingplacesPersonalservicesBusinessservicesAuto repairmiscellaneousrepairservicesAmusementandrecreationservicesOtherservicesNature ofbusinessnotallocableNumber of returns, total .................Number of shareholders .............Total assets.....................................Cash ..............................................Notes and accounts receivable ......Less: Allowance for bad debts....Inventories .....................................Investments inGovernment obligations..............Tax-exempt securities ....................Other current assets ......................Loans to shareholders...................Mortgage and real estate loans......Other investments..........................Depreciable assets ........................Less: Accumulated depreciation.Depletable assets ..........................Less: Accumulated depletionLand ...............................................Intangible assets (amortizable) ......Less: Accumulated amortization.Other assets..................................Total liabilities .................................Accounts payable ...........................Mortgages, notes, and bondspayable in less than 1 year .........Other current liabilities...................Loans from stockholders................Mortgages, notes, and bondspayable in one year or more .......Other liabilities ...............................Net worth .......................................Capital stock..................................Paid-in or capital surplus................Retained earnings unappropriated.Less: Cost of treasury stock........(60)687,0711,465,565116,253,09114,737,71317,806,801403,7833,990,101379,926401,4476,151.3703,728,463769,2788.387,73292,381,61745,900,970118,71243,4685,968,8066,182,4213,439,6015,036,526116,253,0919,727.10912,708,66011,959,83720,331,65934,339,0005,380,60921,80692177,410,76214,616,1061,728,232.1,948,884(61)14,73037,27014,303,260723,494507,2626,444114,910-29,228*3,668280,723324,151158,335674,57714,875,1095,632,0891,821,885222,32593,8T7300,00314,303,260449.9041,087,997721,9552,367,5458,496,992388,486790,3811,018,6192,226,2712.206,738247,770(62)45,379118,6244,893,091568,213678,134-5,535188,721-38,176243,17269,374*46,085239,4084,846,4052,855,870*8,813*5,718243,357388,264187,047386,1374,893,091312,241316,710377,0831,126,2921,290,246426,3831,044,136553,456321,049250,31780,686*Esfimate should be used with caution because of the small number of returns on which it is based.NOTE: Detail may not add to total because of rounding.(63)180,359402,M36,183,6645,036,7238,498,010112,5321,229,1952289455217,9462,428,5461.266,552253,6063,694,15123,069,66312,818,73813,101-3,610831,2211,590,354838,0061,599,02736,163,6544,891,9044,129,5174,185,9015,769,6267,193,0901,719.7418,293,8741,788,3714,240,1922,814,143548,832(64)63,974226,55210,856,6401,205,6741,214,85414,7101,126,595W;*189420,721229,576*51,468177,6909.541,9574,144,660610,616229,85080.972287,48510,856,640870,2412,542,256883,2791.309,7442,885,321227,3402,138,459533,584740,736'1,001,921137,783M551,685105,75116,231,1711,607,866973,72119,160591,704-9,185*42,232891,678347,45182,212961,46915,295,8397,538,826'33,135-6,0041,541,3262,094,4911,484,711807,56416,231,171890,2081,190,2981,612,8354,528,2374,848,042994,1112,167,4411,445,4303,739,7202,11711,6119246,091(66)230,943575,07433,785,2755,595,7425,934,821245,402738,977112,75299,2351,886,5311,491,359177,5712,640,43724,752,65412,910,78763,662-28,136920,4011,657,136754,9891,653,31133,785,2752.312,6113,441,8824,178,7845,230,2169,625,3081,624,5487,371,9262,071,3013,348.1392,640,208687,722(6715,57493,194717,25273,868'11,887'86,1515.4081,005'95,706'20,909-19,369259,492106,510-41,175*34,089'10,659185,363717,252154,212'30,02561,56570,250*102,420*103,671195,10961,076-59,31180,159-5,43799

S Corporation Returns, 1992Table 3.--income and Distributions to Shareholders, by Number of Shareholders at End of Year[All figures are estimates based on samples-money amounts are in thousands of dollars]Number of shareholdersItemTotal134567Number of returns..................................Number of shareholders........................Total assets .....................................Total Income (less ****"* loss) .........................Ordinary income (less loss) fromtrade or business................................Rental real estate income (less loss)....Other rental income (less loss).............Interest income.....................................Dividend income ...................................Portfolio royalty income (less loss).......Net short-term capital gains (less loss).Net long-term capital gains (less loss)..Other portfolio income (less loss).........Net gain (loss), business property ortransactions (section 1231) ................Other income (less loss) .......................Total deductions .....................................Charitable contributions........................Expensed cost of certain depreciable_property-i(section 179)..................Deductions related to portf6lio income..Interest expense on investment debts..Foreign taxes........................................Qualified expenditures (section 59(e)).,Other deductions ..................................Cash and property distributions,Including cash ......................................Dhilderia distributions ............................11)1,762,0343,646,059806,195,92762,665,15046.204,517428,235450,4125,921,554630,378885,516296,7163,300,182156,4323,129,2781,261,9295,461,5581,098,6181,909,015378,403715,831176,177662,508697,18441,531,387...1,063,048t2)869,472869,472254,678,12815,979,52411,602,010-181.52252,9462,031,128227,155127,072137,0651,149,53390.238147,361496,5372,268,049444.411934,36869,218290,04661,096221,415308,59111,025,000368,181(3)56Z40111,124,803195,053,18014,521,03111,493,36311,442158,3871,275,29696,81226,21839,953369,12723,947725,963300,5221,333,067233,142614,69153.632115,77838,757151,306164,5198,723,267209,260t4)145,855437,56495,241,1366,495,5394,482,706150,27323.881689,21067,25134,179-10,080472,712-754394,708191,453458,34498,702168,744-7.84887,3104,78246,34049,4005,047,14185,935L5)77,528310,11064,830,6745,987,6183,967,911104,42910,726476,57254,79920,9549,973285,0319,268996,25351,701315,47959,17790,286-15,38371,78816.76129,41249,4333,423,55518 609Number of shareholdersffl37,241186,20742,306,3364,129,2482,445.007170,21336,618317,22128,327586,48855,219342,5569,46388,48449,653351,63656,531--34,082-152,33328,987*6,67954,66925,0353,110,84696,356ff)22,498134,99031,145,3832,667,6452,156,77384,85744,976167.96820,6838,51612,11019,77810,67233,2858,028164,16136,187-25,773-5,15016,803-4,27338,41941,828_11,848,9724,426(8)8,91062,36918,117,2701,483,4801,127.369-22,50315,091160,01214,114-5,5191,204206,007*717-29,6175,56780,87229,932-7,6463,07326,118-10,353*5,3788,7241,243,951*11.266Item81011-1516-2021-2526-3031 or more. Number of returns ..................................Number of shareholders........................Total assets .............................................Total Income (less loss).........................Ordinary income (less loss) fromtrade or business ................................Rental real estate income (less loss)....Other rental income (less loss) : ...Interest income .....................................Dividend income...................................Portfolio royalty income (less loss)Net short-term capital gains (loss loss).Net long-term capital gains (less loss)..Other portfolio income (less loss) .........Net gain (loss), business property ortransactions (section 1231) ................Other income (less loss) .......................Total deductionsCharitable contributions.............I...........Expensed cost of certain depreciableproperty (section 179) .........................Deductions related to portfolio income..Interest expense on investment debts..Foreign taxes........................................Qualified expenditures (section 59(e))..Other deductions..................................Cash and property distributions,Including cash ......................................Dividend distributions ............................(9)8,56468,51215,278,6701,540,9001,243,74010,48620,26217,4618,2341,68719,434'-3,204122,03511,31955,13715,3058,2291,3416,789-5,708-14,0109,463836,614*34tO32(10)4,32338,91012,104,6541,201,035974,2839,26517,30197,51413,235-7,62047,50520,386-1,3889,6272,921106,0"15,3558,20353,4097,360-1,813'15,8875,831721,866-5,2930 1)4,27242,72110,382,2231,145,739804,73735,42927,02082,41310,56625,4713,98442,068*1,56882,02630,45725,24414,2843,099534*3,496-9,672*1,5882,244697,148-3,479(12)10,921134,79728,588,1833,300,8922,445,26160,5536,453220,36640,80119,168-14,632224,66211,890275,79810,571122,27634,9388,3213,96329,9954,89325,25319,8042,114,85117,509(13)4,82483,9"13,885,2851,558,1781,201,25642,92722,914110,68813,498-2,4786,24483,164-1,355-12,33985,99058,96225,2521.9291,5119,122*7,02019,3771,772942,245'13,003(14)1,74339,20110,976,5111,185,510898.81312,5149,02675,39913,2493,9253,97532,200*74782,94852,71279,23319,6121,5323,87920,434-1,133-27.9705,807599,365-5,699(15)1,05529,7236,905,861799,918681,13211,5732,28349,8952,986-8,7872,33617,523'-526,938*-3,53117,6157,799*29438-1,420*84,538-5,931-1,999547,082(16)2,42782,7376,702,443868,893* Estimate should be used with caution because of the small number of sample returns on which it Is based.NOTE: Certain figures vary slightly from Table 1. This is bemuse only returns with a Schedule K attached, and a money amount for Income (loss) from the Schedule K, were usedfor this table.680,154-71,6842,52855,7819,441*88617416,000*-859185,807-9,33425,4417,990*2,086*6,690*385*938*5,554-2,735649,485

Estate Tax Returns, 1992-1993Data Releasen 1993, there were 60,211 Federal estate tax returns(Form 706) filed for U.S. decedents with grossestates of at least $600,000, the filing requirement ineffect since 1987 [1,2]. This was an increase of 1.7percent over the 59,176 returns filed in 1992. Returnsfiled in 1993 reported combined gross estates of almost$104 billion, 4.9 percent more than 1992. In general, thegrowth in both the number of returns filed and the totalvalue of assets reported was less than in previous years,due, in part, to the recession which began in mid-1990.Although this recession lasted only about 8 months,recovery was much slower than expected; the economydid not begin to pick up until the latter part of 1992 [3].The largest component of total gross estate for returnsfiled in 1993 was investments in corporate stock, whichmade up over 31 percent of all assets. Over 77 percent ofall returns filed reported some stock holdings. Of the$32.6 billion invested in corporate stock, 25 percent, or$8.2 billion, was invested in closely-held corporations.This stock is usually issued by small, family controlledcorporations and is not listed or traded on a public stockexchange.Investments in real estate accounted for the secondlargest portion of total assets, making up nearly 21 percentof the total. The value of the decedents' personal residenceaccounted for about $7.6 billion, or about 35.5percent of the $21.5 billion total invested in real estate.The rest consisted primarily of investment, commercial,and recreational properties.Federal estate tax returns filed in 1993 reported allowabledeductions of over $47.3 billion. Of this amount,about 69.3 percent, or $32.8 billion, was attributable to theunlimited deduction for bequests to a surviving spouse.For the 32,705 returns reporting no tax liability, thisdeduction made up over 79 percent of the total allowabledeductions.Contributions to charitable organizations accounted foranother 15.4 percent of the deductions allowed againsttotal gross estate. Overall, 18.5 percent of the returnsreported a charitable bequest, slightly less than in previousyears. The almost $7.3 billion donated was just over 7.3percent of the decedents' total net worth reported in 1993.After deductions, returns filed in 1993 reported combined"taxable estates" of over $57 billion. In addition,these decedents had made a total of almost $2 billion intaxable gifts to individuals during their lifetimes. Thesegifts were included in the "adjusted taxable estates" ofThis data release was written by Barry W. Johnson, aneconomist with the Foreign Special Projects Section,under the direction ofMichael Alexander, ChiefFederal estate tax return filers [4]. Combined, theseamounts generated a reported tax liability after credits ofover $10 billion. Tax law changes originally planned for1987, which reduced the top estate tax rate to 50 percent,thereby eliminating the 53 and 55 percent brackets, wentinto effect on January 1, 1993. However, the OmnibusBudget Reconciliation Act of 1993, enacted in August1993, restored the previous higher rates, retroactively.Data CollecUon Changes for 1992 and 1993Previous Statistics of income (SOI) articles have reportedon the phenomenal growth of investments in mutual fundsincluded in the gross estates of Federal estate tax decedents.Each year, more and more people are able to takeadvantage of the wide range of personal investmentopportunities made possible by the ever growing numberof mutual funds offered by investment companies, banks,insurance companies, and others. SOI has alwaysclassified mutual funds according to the fund's primaryinvestment objective. For example, funds which investprimarily in tax-free bonds issued by State and localGovernments were grouped with direct investments inthose types of bonds, and so on. In the past, mutual fundswith mixed objectives, for example, those made up ofinvestments in both stocks and bonds, were generallygrouped with investments in corporate stock; the relativesmall value of investments in such funds had little effecton the overall statistics. However, the dramatic increasein the number and size of investments in mutual funds ledto the addition of two new asset categories beginning withdata collected from returns filed in 1992. These are"mixed bond funds," which consist of investments infunds made up of several different types of bonds (Federal,State, local, and corporate) and "mixed mutualfunds," which are primarily funds which invest in bothstocks and bonds, as well as in other investment securities.Please note that money market mutual funds, because ofthe liquidity of these investments, are included with"cash" in Tables I and 2.A second change reflects the increase in recent years ofreal estate investments through partnerships. In the past,all investments in partnerships were grouped together withinvestments in other non-corporate businesses for thestatistics. Real estate partnerships are formed primarilyfor the purpose of developing or holding real estate.There is little to distinguish between such partnerships andother investment real estate owned outright by a decedent.On the other hand, they are different from partnershipswhich represent going concerns, such as constructioncompanies, law firms, or accounting businesses. Therefore,a separate classification for real estate partnerships101

Estate Tax Retums, 1992-1993'102was added in 1993; they are grouped with "other realestate" in the tables which follow.Data Sources and Urnitations. -The data presented in this release are estimates based onsamples of Federal estate tax returns filed in 1992 and1993. These samples were limited to returns filed fordecedents who were U.S. citizens or resident aliens, withtotal gross estates of at least $600,000 [5]. The samplesare designed to cover returns filed over a 3 year period,focusing on a particular yearof death, in this case 1992.This design allows detailed study of the economy duringa particular year, as well as annual revenue estimates. Thesample for the 1992 filing year included 7,540 returns outof a total popula:tion of 59,176. In 1993, 12,461 returnswere sampled out of a total of 60,211.Estate, tax returns ' were statistically sampled while thereturns were being processed ' for administrative purposes,but before audit examination. Thus, returns were selectedon-a-flow basis,-using-a-stratified-random-probability-~--sampling method, whereby the sample rates were presetbased on the desired sample~size and an estimate of thepopulation. The design had three stratification variables:year of death, age ' at death, and size oftotal grossestate.For the 1992 and'1993 filin 9-years,-the year-of deathvariablewas separated into two categories: 1992 year ofdeath and non- 1992 year of death. Age was disaggregatedinto five categories: under 40, 40 under 50, 50 under 65,65 under 75, and 75 and older (including age unknown).Total gross estate was limited to five categories: ,$600,000 under $1 million, $1 million.,under $2 million,$2'million , under, $5 million', $5 million under $10 million,and $10 milliono'r more. Sampling ratesranged from 7 to100 percent; over half of the strata were selected at the100 percent rate.Explanation of Selected TermsBrief definitions of some of the terms used in the tablesare provided below:Adjusted Taxable Estate.-Adjusted taxable estate wasequal to the sum of "taxable estate" and "adjusted taxablegifts."Adjusted Taxable Gifts.-Gifts made by a decedentduring his or her lifetime were not generally included inthe gross estate. Instead, they were added to the "taxableestate", creating the "adjusted taxable estate" for thepurpose of determining the "estate tax before credits" (see[4]).Allowable Unified Credit.-This was equal to the"unified credit" less a reduction for the tax exemptionallowed against pre-1977 gifts. This reduction was limitedto $6,000.Bequests to Surviving Spouse.-This was equal to thevalue of property interests passed from the decedent to thesurviving spouse and taken as a deduction from the "totalgross estate."Estate Tax After Credits.-This was the tax liabilityof the-estat e remaining after subtraction of credits forState death'taxes, foreign death taxes, taxes on priortransfers, And FederaI gift taxes previously paid. Inaddition, a "unified credit," * graduated according to the,year.of death, was allowed (see also "unified credit").Estate Tax Before Credits.-This was the tax obtainedby applying the graduated estate tax. rates to the "adjusted,taxable estate" reduced by the amount of "Federal gifttaxes previously paid" on gifts. made after 1976. .Federal Gift Taxes Previously Paid.-Taxes paid ongifts made after 1976 are subtracted from the estate taxbefore the credits are applied (see "estate tax before .credits"). A separate credit was allowed against the estatetax for the Federal gift tax paid on a gift made by a dece7-dent-before-1977.-:Met Worth.-Net worth was equal to the "total,grossestate" less mortgages and other debts.Nontaxable Returns.-Nontaxable returns were thosewith no estate tax liability after credits._Other Tax. Credits.7-4his-is-the. sum-ofall tax creditsfor State estate, inheritance, or legacy taxes; foreign deathtaxes; Federal gift'taxes; and taxes on prior transferstaken as a deduction against the ."estate.tax before credits."Tax on Prior Transfers.-A tax crrdit was allowed forFederal estate tax paid on property received by the decedentor the. estate from a iransferor who died within 10years before, or 2 years after, the decedent. The creditwas intended to lessen the burden of double taxationbetween successive estates whose owners had died withina short period of time. Depending on the time that elapsedbetween the deaths, a credit was allowed for all-or part ofthe Federal estate tax paid by the transferor's estate withrespect to.the transfer..'Taxable Estate.-This is equal to the value of the "totalgross estate" less deductions for the following: funeraland administrative expenses; casualty and theft losses;debts' mortgages, losses and other claims against theestate, including pledges to charitable organizations;bequests to the surviving spouse; and the "employee stockownership plan" (ESOP) deduction (included in the 'statistics for "other expenses and losses").Taxable Returns.-Taxable ' returns were those with anamount of "estate tax after credits."Total Gross Estate.-An estate tax return was requiredin the case of every decedent whose gross estate at thetime of death exceeded the legal, filing requirement in

Estate Tax Retums, 1992-1993effect for the year of death. For estate tax purposes, thegross estate included all property or interest in propertybefore reduction by debts (except policy loans againstinsurance) and mortgages, or administrative expenses.Included in the gross estate were such items as real estate,tangible and intangible personal property, certain lifetimegifts made by the decedent, property in which the decedenthad a general power of appointment, the decedent'sinterest in annuities receivable by the surviving beneficiary,the decedent's share in community property, lifeinsurance proceeds (even though payable to beneficiariesother than the estate), dower or courtesy of the survivingspouse (inherited property) and, with certain exceptions,joint estates with right of survivorship and tenancies bythe entirety. Estate tax laws provide for valuing all assetsat their value on the day of the decedent's death, or on adate 6 months after death (alternate valuation) if there hadbeen a significant decline in the value of any assetsfollowing the decedent's death. The data presented inthis release are those values reported for the purposes ofcalculating the tax liability and may, therefore, be valuedon either date.Total Transfer Taxes.-This is the total of the "estatetax after credits," generation skipping transfer tax, andtax on excess retirement accumulations (section4980A(d) of the Internal Revenue Code).Unified Credit.-The unified credit, so called becauseit is used for both" estate and gift tax purposes, is appliedas a dollar-for-dollar reduction of the estate tax. (Theunified credit represents the amount of tax on that part ofgross estate which is below the filing requirement.) Thecredit must be used to offset gift taxes on lifetime transfersmade after 1976. However, to the extent it is soused, the amount of credit available at death is reduced.Notes and References[11 A Federal estate tax return must be filed within 9months of the decedent's death unless a 6 month extensionis granted. Because of this, returns filed in1993 were primarily for decedents who died in 1992and late 1991. Likewise, returns filed in 1992 wereprimarily for decedents who died in 1991 and late1990.[2] This data release presents basic data for Federal estatetax returns filed in 1992 and 1993, with a focus on themore recent data. Data for returns filed in 1994should be available sometime in the fall of 1995. Afuture article will include basic data for 1994 with afocus on returns filed over the 3-year period 1992-1994, focusing on 1992 decedents.[31 Economic Report ofthe President, Washington, DC,1993, p 3.[4] Tax law changes which went into effect in 1982unified the tax rates and credits which applied to alltransfers of property, whether made during life or afterdeath. Therefore, all taxable gifts (those exceeding theannual exclusion at the time the gift was given) madeon or after January 1, 1982, are eventually reported onthe Form 706. This assures that the transfers are taxedat the highest marginal tax rate, eliminating any taxbenefit due solely to the timing of the transfer. Acredit is given for any gift taxes that were paid at thetime the gift was given.[51 For information on the estates of nonresident aliens,see Ferguson, Christine, "Nonresident Alien Estates,1990," Statistics ofIncome Bulletin, Summer 1993,Volume 13, Number 1, pp. 77-80.103

Estate Tax Retums, 1992-1993Table 1.-Estate Tax Returns Filed in 1992: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate(AD figures are estimates based on samples- money amounts are in thousands of dollars)Gross estate by type of propertyTax status, size ofgross estateNumber ofreturnsGrossestateNot worthPersonal residenceOther real estateNumberAmountNumberAmountNumberAmount(1)(2)(3)(4)(5)(6)(7)(8)All ratums, total.....................................$6DO,000 under $1,000,000 ........................$1,000,000 under $2,500,000 .....................$2,500.000 under $5,000,000 .....................$5,000,000 under $10,000,000...................$10,DDO,000 under $20,000,000$20,000,000 or more...................................Taxable returns, total............................$600,000 under $1,000,000........................$1,000,000 under $2,500,000.....................$2,500,000 under $5,000,000.....................$5,000,000 under $10,000,000 ...................$10,000,000 under $20,000,000.................$20.000,000 or more ...................................Nontaxable returns, total......................$600,000 under $1,000,000 ........................$1,D00,000 under $2,500,000.....................$2,500,000 under $5,000,000.....................$5,000,000 under $10,000,000...................$10.ODO,000 under $20.000,000 .................__$20,000,0W or,more..................... ..............59,17621,2324,3101,47453125527,18711,82511,2632,57692838620931,98919,5499,9691,7345451454698,&50,46224.117,00031,231,88314,708,2429,850,2667,291,49811,651,57356,715,6519.628,52616.562,9958.779,6036,250,2925,374,31010,119,92542,134,81114,488,47314,668,8875,928,6393,599,9751,917,188--1,531,649- -59,10631,37421,1704,3D61,47253125527,18711,82511,2632,5769283862D931,91919,5499,9071,73054314594,702,73823,420,66929,840,40314,025,6239,330,7406,899,93811,185,36554,820,2729,482,85316,024,2978.432,8685,981,8735,157.5109.740,87139, 882,46613,937.816'13,816,1055,592,7553.348,8671,742,429--1,444,494-33,79316,64612,9082,71999835017313,9405,4206,0151,6096102441411,8531 2256,8931,2093887,130,9022,455.5342.831,314929,786429,916251,162233,1893,395,332811,6221,437,413548,849258.343163,880175,8253,735,5701,644,5121,393,900.386,938171,57387,28334,61817,35112,7692,8631,03439720414,9866,1706,1741,58061427916919,63211,1816,5951,28342011913,670,3913,775,0304,785,9012,136,5061,209,976920,546842,4316,505.9271.421,4482,261,4081,129.558615.299507,926570,2887,164,464'2,353,5822,524,4931,006,948594,677412.620--272wl44Gross estate by types of property-conlinuedTax status, size ofgross estateStock in closely-heldcorporationsOther corporate stockState and local GovernmentbondsFederal savings bondsNumberAmountNumberAmountNumberAmountNumberAmount(9)(10)(12)(13)(15)(16)All retunis, total .....................................$600,000 under $1,000,000........................$1,000,000 under $2,500,000 .....................$2,500,000 under $5,000,000.....................$5,000,000 under $10,000,000 ...................$10,000,000 under $20,000,000.................$20,060,000 or more...................................Taxable returns, total............................$600,000 under $1,000,000........................$1,000,000 under $2,500,000.....................$2,50D,000 under $5,0D0,D00.....................$5,000,0W under $10,000,000...................$10,000,000 under $20,000,000.................$20,000,000 or more ...................................Nontaxable returns, total ......................$600,000 under $1,000,000 ........................$1,000,ODD under $2,500,000 .....................$2,500,000 under $5,000,000 ...* .................$5,000,000 under $10,000,000...................$10,000,000 under $20,000,000 .................$20.000,ODO or more...................................7,5042,2513.2671,1764902111092,7804651,275573250136'814,7241,7861,99260324075286,101,496476,7441,176,0481,029,914876,240735,4301,807,1193,474,09977,691451.895516,918400,222479,9141,547,4592,627,397399,054724,153512,996476,018255.516259,65945,81023,11017,0093,6631,30048724122,0509,0999,3392,21983635620023,76114,0117,6701,4444641314122,295,8683,978,6176,374,1753,528,8182,547,6022,170,2153,696,44115,37S,8801,948,9734,028.8192,424,1101,790,7071,805,3263,377,9456,919,9W2,029,6442,345,3561.104,708756,895364,889318,49632,22014,96612,6272,9821,05039819718,1465,8337,2611,882697306167i6,0749.1335,3651,101353923011,908,2602,256,8993,716.0982,162,9031,404,427968,7841,399,1497,774,2951,003,8272,268,6361,453,9361,058.742773,6951,215.4584,133,9651,253,0721,447,462708,967345,685195,089183,6908,6944,7673,20948615949244,1631.7971,876318ill37234,5302,9691,33316847"13452,678202,908186.70841,87117,6222,4021,166261,68379.385132,34433.34713,4861,9551.166190,995123,523154,3658,524,,4,136-..-**447Footnotes at and of table.104

Estate Tax Retums, 1992-1993Table 1.-Estate Tax Returns Filed in 1992: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After ~ax Credits, by Tax Status and Size of Gross Estate--Continued[AD figures are estimates based on samples - money amounts are in thousands of dollars)Gross estate by types of property-continuedTax status, size of Other Federal Corporate and foreign Mixed bond funds Mixed mutual fundsgross estate Government bonds bondsNumber Amount Number Amount Number Amount Number Amount(17) (18) (19) (20) (21) (22) (23) (24)All returns, total ..................................... 18,715 4,263,348 15,560 890,185 2,265 157,526 11,102 987,739$600,000 under $1,000,000 ........................ 9,208 973,102 7,870 318,048 1,113 51,356 5,528 333,379$1,000,000 under $2,500,000..................... 7,038 1,243,798 5,544 214,701 861 71.536 4,349 333,513$2,500,000 under $5,000,000..................... 1,446 503,331 1,366 97,075 196 17,556 761 114,892$5,000,000 under $10,000,000 ................... 617 467,970 485 109,183 65 4,919 316 94,942$10,000,000 under $20,000,000................. 269 374,562 194 53,930 21 4.832 103 58.182$20,000,000 or more ................................... 138 700,587 102 97,248 a 7,326 45 52,831Taxable returns, total............................ 9,449 2,826,705 8,23S 535,931 1,100 108,033 5,026 S83,831$600,000 under $1,000,000........................ 3,544 408,804 3,587 137,008 422 20,703 1,919 150,787$1,000,000 under $2,500,000..................... 4,254 798,137 3,294 141,012 501 63,186 2,374 192,697$2,500.000 under $5,000,000..................... 908 334,487 823 58,947 116 10,727 412 71,577$5,000,000 under $10,000,000 ................... 407 346,652 303 78,749 39 4,231 202 69,556$10,000,000 under $20,000,000................. 215 313.304 148 42,379 16 4,109 so 47,749$20,000,000 or more ................................... 121 625,322 79 77,836 6 5,078 38 51,466Nontaxable returns, total...................... 9,266 1,436,643 7,325 354,253 1,165 49,493 6,077 403,909$600,000 under $1,000,000........................ 5,664 564,297 4,282 181,039 692 30,653 3,609 182,593$1,000,000 under $2,500,000..................... 2,784 445,661 2.250 73,690 360 8,350 1,975 140,816$2,500,000 under $5,000,000..................... 538 168,844 543 38,128 80 6,829 349 43.315$5,000,000 under $10,000,000 ................... 210 121,318 182 30,434 27 688 114 25,385$10,000,000 under $20,000.000 ................. 53 61,258 46 11,551 -7 22 10,434$20,000,000 or more................................... 1775.2652219,412....7 1,366111IGross estate by types of property-continuedTax status, size of Cash Farm assets Interest in limited interest in othergross estate partnerships noncorporate businessesNumber Amount Number Amount Number Amount Number Amount(25) (26) (27) (28) (29) (30) (31) (32)All returns, total..................................... 58,376 12,770,991 3,949 382,236 7,503 954,683 9,720 2,324,102$600,ODO under $1,000,000 ........................ 30,950 5,131,140 2,182 97,397 2,625 96.496 3,373 229,222$1,000,000 under $2,500,000 ..................... 20,928 4,226,829 1,354 138,930 3,151 180,414 4,211 629,843$2,500,000 under $5,000,000 ..................... 4,251 1,485,289 254 61,791 942 114,030 1,227 324,976$5,000,000 under $10,ODO,000................... 1,466 834,989 91 63,140 482 192,527 550 411.701$10,000.000 under $20,DOO,000 ................. 527 536,439 42 5,049 201 152,264 242 290,726$20,000,000 or more................................... 254 556,305 26 15,929 103 218,951 117 437,634Taxable returns, total ............................ 26,944 7,680,837 1,813 154,103 3,132 522,422 3,776 1,041,796$600,000 under $1,000,DDO ........................ 11,685 2,431,027 839 26,443 798 45,253 1,045 30,133$1,000,000 under $2,500,000 ..................... 11,195 2.710,555 700 47,638 1,389 65,175 1,647 167,432$2,5W,000 under $5,000.000 ..................... 2,548 999,262 160 29,D62 465 48,865 622 135,630$5,000,000 under $10,000,000................... 925 620,693 61 31,957 265 87,504 300 190,580$10,000,000 under $20,000,DOO ................. 383 413,772 29 3,703 136 103,445 165 190,337$20,000,000 or more ................................... 208 505.529 23 15,299 79 172.180 98 327,684Nontaxable returns, total ...................... 31,432 5,090,154 2,137 228,133 4,371 432,260 5,944 1,282,306$600,ODO under $1,DOO,000 ........................ 19,265 2,700,113 1.343 70,954 1,827 51,243 2,328 199,089$1,000,000 under $2,500,GDO ..................... 9,732 1,516,275 654 91,291 1,762 115,239 2,665 462,411$2,500,000 under $5,000,000 ..................... 1,703 486,027 93 32,730 478 65,165 605 189,346$5,000,ODO under $10,ODO,000................... 541 214,297 30 31,182 217 105,023 250 221,121$10,000,000 under $20,000,000................. 144 122,667 13 1,345 65 48,819 77 100,389$20,000,000 or more ................................... 46150,776 31630123146,7721191109,949Footnotes at end of table.105

Estate' Tax Retums, 1992-1993Table I.-Estate Tax Returns Filed In 1992: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credlts,~ by Tax Status and Size of Gross Estate-Continued.[Ali figures are estimates based on samples money amounts are In thousands of dollars]Gross estate by types of property-continuedTax status, size ofgross estateLffe InsuranceMortgages and notesAnnuitiesOther assetsNumberAmountNumberAmountNumberAmountNumberAmount(33)(34)(35)(36)(37)(38)(39)(40)All returns, total.....................................32,7313,468,34217,6072,613,52622,7384,095,26353,3344,382,946$600,000 under $1,000,000........................$1 000,000 under $2,500,000.....................$2,5W,000 under $5,DOO,000.....................$5,000,000 under $10,000.000 ..............:$10,000,000 under MOD0,000.................$20,DW,000 or more ...................................16,90012,1582,3718702901421.142,2991,446,146494,589242,37295,51947,4177,9926,6411,809711286167642,1 a2820,268430,11 i 3260,001171,144289,81811,4648,7151,708571190891,262,0771,730,715640.522242,318139,29380,33827,44719,6114,0861,422518248694.578,1.124,952594.2K440,422361.0181,167,694Taxable returns, total............................12,1549957,3368,3011,406,8247,61411,259,66024,6152,850,759$6130,000 under $1,000,000....................$1,000,ODO under $2,500,000.....................$2,5,00,000 under $5,000,000.......: .............$5,000,000 under $10,000,000...................$10,000,000 under $20,000,000................-$20,OOD,000 or rnore~..: .......................Nontaxable ieturns, total ......................5,3075,2911,172471liolie-20,182220,042372,732172,652109.85139.214'42,84T--2,511,0053,0253,4561,041429213-1379,306264,786390,201230,141145,8M115.797~260,0011,206,7023,1853,225714301120-70-15,123323,580446,845226,336115,51877,760-69,8202,835,40310,09310,5772,459902379_205-28,718227,614586,871355,201312,303.290,0461.078.7231,632,187$600,000 under $1,000,000$1,000,000 under $2,5 1 00,000 ...................$2, - 500,06) under $5,000,000 .....................$5,i)00,000 under $10,000,000...................._$10,000,000 under $20,000,0.00 ......... .......$20,0W,000 or more......... ; .........................11,5936,866.1,199399100.24922,2571,073,414.321,937132,52156,3064,57.04,9683,1857682827330377,396430,067199,972114,10355,34729,8178.2795,4919942707019938,4971,283,870414,186126,79961,53310,51817,3559,034.1,62752013943466964538:081239,081128,11970.97288,971Deductions by typeTax status, size ofgross estateTotal allowabledeductionsFuneral expensesExecutorscommissionsAftomeys'feesNumberAmountNumberAmountNumberAmountNumberAmount(41)(42)'(43)(44)(45)(46)(47)(48)All returns, total ...........................59,09143,035,77554,105315,18121,246876,11030,396813,368$600,000 un . der $1,006,000.......... .............$1,000,000 under $2,6W,000....... ..............$2,500,000 under $5,060,000.......................$5,000,000 under $10,060,000 .................$10,000,000 under $20,000,000 .............$20,000,DOO or more ...................................31,30621,2154,3101,47453125527,1166,642,275,12,837,2607,078,8175,339,9344,067,3326,870,15714,199,46228,48319,4794,0161,37960524226,187147,052116,62428,76512.7405,2814,718150,6919,8128,1802.06574129315516,555185,913277,597142,20096,53677,26596,600744,00618,77013,1872,8401,00639120223,742222,572279,28.6125,58470,13153,95761,837633,133$600,ODO under $1,000,000...$1,000,600 under $2,500,000 ......................$2,5W,000 under $5,000,000 .....................$5,000,000 under $10,000,000...................$10,00D,000 under $20,000,000.................$20,006,000 or more.:* *..............................11,77111',2462,576928631,943.2,099,8921,932,8051,963,337~,217,0675,354,4191 1;34410,8842,484894'37820157,65060,93916,8107,8163.8793,5976,4127,2601,835641271137123,639253,396126,11282,44370.40488,01210,1819,949.2,297806332177133,044229,952107,76459,52847,33055,51tNontaxable returns, total ......................31,97526,836,31327,918164,489.4,691132,10512,654180,234$6W,OOO under $1,0D0,000 ........................$1,000,000 under $2,500,000 ..............$2,506,000 under $5,000,000 .....................$5,000,000 under $1 0,000,ODO....................$10,000,000 under $ib,000,600 .................$20.000,000 or more...................................19,5359,9691,734545.145466,210,33210:737:36851460.133,376,5971,850,2661,515,73817,1398,5951,532.48512~4189,40255,68611,9564,9231,4021,1213,400920231101.221862,27424,20016,08814,0936,8828,5888,5893.238.543199592589,52849,33517,82010,6036,6276.322Footnotes at end of table.106

Estate Tax Retums, 1992-1993Table I.-Estate Tax Returns Filed in 1992: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate-Continued[AD figures are estimates based on samples- money amounts are in thousands of dollars]Deductions by type-continuedTax status, size of Other expenses and Debts and mortgages Bequests to surviving Charitable contributionsgross estate losses spousesNumber Amount Number Amount Number Amount Number Amount(49) (50) (51) (52) (53) (54) (55) (56)All returns, total ..................................... 43,095 748,428 46,603 4.379,207 26,583 29,125,727 11,053 6,785,352$600,000 under $1,000,000 ........................ 22,566 140,155 23,452 696,330 12,897 4,658,307 6,129 793,038$1,000,000 under $2.5DO.000 ..................... 15,455 243.271 17,304 1,579.603 10,145 8,919,231 4,122 1,424,941$2,500,000 under $5,000,000 ..................... 3,275 109,216 3,810 694,492 2,255 5,230,936 1,009 750,834$5,0W,0D0 under $10,000,000................... 1,125 77.529 1,300 549,041 837 3,923,886 440 610,071$10,000,000 under $20,000,000 ................. 445 69,165 495 393,532 304 2,700.613 220 767,519$20,000,000 or more ................................... 228 109,091 243 466,208 144 3.692,755 132 2,438,948Taxable returns, total............................ 26,378 616,799 24,001 1,895,378 3,393 6,617,997 5,932 3,542,767$6DO,000 under $1,ODO,000........................ 11,445 79,879 9,920 145,673 734 57,595 1,898 34.463$1,000,000 under $2.500,000 ..................... 11,015 207,504 10,150 538,698 1,341 5W.312 2,684 251,091$2,500,000 under $5,000,000..................... 2,483 95,462 2.463 346,735 685 987,808 697 253,433$5,000,000 under $10,000,DOO ................... 870 70,027 SIMI 268,419 352 1,202,116 339 272,988$10,DOO,000 under $20,000,000................. 367 64,245 377 216,800 182 1,300,907 193 513.501$20,000,000 or more ................................... 197 99,692 204 379,054 101 2,511,260 122 2,217.289Nontaxable returns, total...................... 16,717 131,628 22,603 Z483,M 23,190 22,507,730 5,120 3,242,585$600,000 under $1,000,000........................ 11,121 60,277 13,532 550,657 12,164 4,600,712 3,232 758,575$1,000,000 under $2,500,000..................... 4,440 35,767 7,154 1,040,905 8,804 8,360,919 1,438 1,173,850$2,500,000 under $5,DOO,000..................... 792 13,764 1,347 347,757 1,571 4,243,128 312 497,400$5,000,000 under $10,000,000 ................... 255 7,502 414 280,622 485 2,721.770 101 337,083$10,000,000 under $20,000,000................. 78 4,919 118 176,732 123 1,399,7D5 27 254,018$20,000,000 or more ................................... 31 9,399 39 87.154 43 1,181,495 10 221,659Tax status, size ofgross estateTaxable estate Adjusted taxable gifts Adjusted taxable estate Estate tax before creditsNumber Amount Number Amount Number Amount Number Amount(57) (58) (59) (60) (61) (62) (63) (64)All returns, total..................................... 54,973 56,159,899 6,352 1,843,767 55,060 56,003,662 64,972 22,348,920$600,000 under $1,000,000........................ 28,872 17,304,951 1,899 210,809 28,890 17,515,757 28,843 5,688,787$1,000,000 under $2,500,000..................... 19,812 18,643.419 2,455 453.757 19,830 19,097,175 19.802 6,763,987$2,500,DOO under $5,000,000..................... 4.1 D6 7.655,071 963 289,660 4,133 7,944,731 4,121 3,310,173$5,000,000 under $10,000,000 ................... 1.421 4,544,901 585 325,490 1.432 4,870,391 1,432 2,231,791$10,000,ODO under $20,000,000................. 513 3,226,344 280 189,022 522 3,415,366 521 1,702,824$20,000,000 or more................................... 249 4,785,212 169 375,030 252 5,160,242 252 2,651,358Taxable returns, total ............................ 27,187 42,516,185 4.483 1,602,483 27,187 44,118,665 27,187 17,968,448$600,000 under $1,000,000 ........................ 11,825 8,996,582 1,194 173,787 11,825 9,170,368 11,825 3,051,2G4$1,000,000 under $2,500,000 ..................... 11,263 14,463,102 1,726 365.970 11,263 14,829,071 11.263 6,414,086$2,500,000 under $5,000,000 ..................... 2,576 6,846,798 721 242,354 2,576 7,089,152 2,576 3,036,893$5,000,000 under $10,000,000................... 928 4,286,955 464 301,932 928 4,588,887 928 2.142,453$10,000,000 under $20,000,000 ................. 386 3,157,243 228 175,895 386 3,333,138 386 1,680,677$20,000,ODO or more................................... 209 4,765,506 149 342,544 209 5,108.049 2D9 2,643,136Nontaxable returns, total ...................... 27,786 13,643,714 1,869 241,M 27,673 13,884,996 27,785 4,380,472$600,000 under $1,000,000 ........................ 17,047 8,308,369 705 37,021 17,066 8,345,389 17,018 2,637,582$1,000,OW under $2,500,000 ..................... 8,549 4,180,318 729 87,787 8.567 4.268,104 8,539 1,349,902$2,500,000 under $5,000,000 ..................... 1,530 808,273 242 47,305 1,557 855,579 1,546 273,280$5,000,000 under $10,000,000................... 493 257.946 121 23,558 504 281,504 504 89,338$10,000,000 under $20,000,000 ................. 127 69,101 51 13,127 136 82,228 135 22.147$20,ODO,000 or more................................... 4019,7072032,4864352,193438,F221111111Footnotes at end of table.107

Estate Tax Retums, 1992-199.3Table I.-Estate Tax Returns Filed In 1992: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and-Size of Gross Estate-Continued[All figures are estimates be on samples - money amounts are In ftiousandi of dollars]Tax status, size ofgross estateAll returns, total .............................$600,ODO under $1,000,000.........................$1,000,000 under $2,500,000 .....................$2,560,000 under $5,000,000 ......................$5,000,000 under $10,000,000 ..........$10,000,000 under $20,000,000 ..................$26,000,000 or more...................................Taxable returns, total ............ ...............$600.000 under $1,000,DDO........................$1,000,000 under $2,500,000 .....................$2,500,ODO under $5,000,000 .....................$5,000.000 under $10,000,000...................$10.000,000 under $20,000,ODO.................$20,000,ODO ormore...................................Nontaxable returns, total ......................Allowable unified creditNumber(65)67,77830,61920.6834,2301,46352825527,1811 tli2fi11,2632,570928386209Amount(66)I 1,M,2315,882.4723,966.745811,743281,655101,49149,1245,234.0132.279,2642.166,302495,029178.81174,37840.22830,596 5,859,219Number(67)31,91015,23712,2222.8341,00639921226,43711,3271 1,0542,550§ig381206Other tax creditsAmount(68),2,716~M278,910627,6714W,173369,840345,264668,8182,636,791241,276600,972422,854368.719345,059657,911Estate tax after creditsNumber(69)27,18711,82511,2632,57692838620927,18711,82511,2632,576928386Amount. 1(76)10,097,639530,6632.646.8092,119,0091,594,9221,261,2411,944.M10,097,639530,6632,646,8092,119.0091,594,9221.261,2411,944,9965,473 79,885 3,156$600,000 under $1,000,000 ................. 187111 3 3909 37634 - - -$1,000,000 under $2,500,000..................... 9:4 443 1:168 26:691i - - 53 1,384$2,500,000 under $5,000,000 ...................... 1,660 316,714 284 13,319 - - 19 878$5,000,000 under $10,000,000................... 534 102,844 88 1,121 - - 8 221$10,000,000 under $20,ODO,000 ................. , 142 27,114 18 205 - - -6 **674-$20,000,000 or . ................. - -- 46 - - --8.8% - -. - -6 ---- I-- -907-Gross estate is shown at the value usedto determine estate tax liability. The value could be determined as of date-of-death or 6 months thereafter (i.e., alternate valuationmelliod).2 Not worth is calculated as 'rotal gross estate' less 'Debts and mortgages.' Negative values of not worth were constrained to zero.3 Ufe Insurance is shown net of any outstanding policy loans and associated interest and penalties.Data deleted or combined to prevent disclosure of individual taxpayer data.NOTE: Detail may hot add to totals because of rounding.Total traNumber(71)11.82511,3162.5959W39021111,82511,2632,576-928**595for taxesAmount(72)10,157,840630,7272,650,9022,132,0621,603.0051,282,0761,§59.069110,154,15B4530,7272,649,6182,131,1641,602,784--3,240,471108

Estate Tax Retums, 1992-1993Table 2.-Estate Tax Returns Filed In 1993: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate[Ali figures are estimates based on samples - money amounts are in thousands of dollars]Gross estate by type of propertyTax status, size of Number of Gross Not worth Personal residence Other real estategross estate returns estateNumber Amount Number Amount Number Amount(1) (2) (3)(4) (5) (6) (7) (8)All returns, total..................................... 80,211 103,695,486 60,121 99,4O4.S40 36,629 7,018,318 33,923 13,851,168$600,000 under $1,000,000 ........................ 31,955 24,529,959 31,915123,778,961 18,702 2,964,622 16,235 3,451.433$1,000.0W under $2,500,D00..................... 21.551 31,541,199 21,529 30,233.462 13,458 2,741,425 13.037 4,975,066$2,500,000 under $5,000,000..................... 4.390 14,964,205 4,378 14,285,572 2,886 944,326 2,957 2,207,866$5,000,000 under $1 0,0D0.000................... 1,551 10,528,123 1,537 9,903,256 1,043 491,068 1,102 1.368,413$10,000,000 under $20,000,GDO ................. 507 6,905,917 506 6.546,726 348 243,177 387 846,996$20,0DO.ODO or more................................... 257 15,226,084 256 14,656,562 191 231.698 204 1,001,394Taxable returns, total............................ 27,506 59,157,067 27,S85 57,362,144 K846 3,615,019 14,M1 6,471,619$600,000 under $1,000,000 ........................ 12,054 9.T77,059 12,054 9,614,184 6.063 1,064,591 5,467 1,191,184$1,000.000 under $2,500,000 ..................... 11,222 16,601,770 11,222 16.102,763 6,038 1,302.941 6,109 2,192,811$2,500.0D0 under $5,000,000 ..................... 2,646 9,039,684 2,645 8,732,853 1,688 574,917 1.678 1,139,780$5,000,000 under $10,000,000................... 1,014 6,950,667 1.014 6,690.241 656 309,067 670 721,502$10.000,000 under $20,000,000................. 364 5,035,016 364 4,827,018 248 164,265 266 478.175$20,000,000 or more................................... 205 11,752,871 20S 11,395,086 156 199,237 164 748,166Nontaxable returns, total...................... 32,705 ".538,419 32,616 42,042,395 21,M 4,001,297 19,570 7,379,549$600,000 under $1.D00,000........................ 19,901 14,752.9W 19,860 14,164,777 12.639 1.900,031 10,769 2,260.248$1,000,000 under $2,500,000..................... 10,329 14,939,428 10,307 14.130,699 7,423 1,438,484 6,928 2.782,255$2,500,000 under $5,000,000..................... 1,744 5,924,521 1.733 5,552.719 1,199 369.409 1,280 1,068,086$5,000,ODO under $10,000,000................... 537 3,577,456 523 3.213,016 387 182.001 433 646,910$10,000,000 under $20,000,000................. 143 1.870,901 142 1.719,709 100 78,912 121 368,821$20,000,000 or more ................................... 52 3,473,21351 3,261,47613632,4614011111 253,22811Gross estate by types of property-continuedTax status, size of Stock In closely-hold Other corporate stock State and beef Government Federal savings bondsgross estate corporations bondsNumber Amount Number Amount Number Amount Number Amount(9) (10) (l 1) (12) (13) (14) (15) (16)All returns, total ..................................... 7,643 8,229,182 46,557 24,363,173 33,101 12.886,992 9,285 477,176$6W,000 under $1,000,000 ........................ 2,306 441,707 23,420 4.433,524 14,948 2,267,295 5,408 238,742$1,000,000 under $2,5W,000 ..................... 3,372 1,181,897 17,235 6,346,684 13,282 4,121,375 3,121 198,424$2,500,000 under $5,000,000 ..................... 1,132 870,858 3,828 3,876,321 3,143 2,353,322 534 26,188$5,000,000 under $10,000,000 ................... 494 857,746 1,374 3,060.940 1.148 1,674,234 154 10,898$10,000,ODO under $20,000,000................. 2D4 773,326 460 1,998.323 389 1,006,531 so 2,147$20.000.000 or more ................................... 135 4,103,649 240 4,647,381 191 1,464,234 18 778Taxable returns, total............................ 2,595 4,022,675 22,556 17,147M9 16,907 8'6"'096 4.537 284,522$600,ODO under $1,000,000........................ 423 113,170 ~9,370 2,174,487 6,180 M'101 2,260 129.794$1,000,000 under $2,500,ODO..................... 1,177 409,434 9.367 4.052,259 7,490 2,524,786 1,782 127,396$2,500,000 under $5,000,000..................... 496 346,030 2,366 2,645,934 2,057 1,703.147 346 16,206$5,000,000 under $10,000,000................... 264 416,712 922 2,364,985 SOB 1.258,962 101 8,821$10,000,000 under $20,000.000 ................. 135 543,051 336 1.609,796 288 825,630 35 1,611$20,000,000 or more................................... 101 2,194,279 195 4,299.908 165 1,368,470 13 695Nontaxable returns, total ...................... 5,048 4,206,507 24,002 7,215,804 16,114 4,209,896 4,747 192,654$600,000 under $1,000,000 ........................ 1,883 328,538 14,050 2,259,036 8.769 1,271,194 3,147 108,948$1,000,000 under $2,SM,000 ..................... 2,195 772,463 7,868 2,294,425 5,792 1,596,590 1,339 71,027$2,500,000 under $5,000.000 ..................... 637 524,827 1,463 1,230,388 1,086 650,174 188 9,982$5,000,000 under $10,000,000 ................... 230 441,034 452 695,954 340 415,272 53 2,077$10,000,000 under $20,000,ODO................. 69 230,275 124 388,527 101 180,901 is 535$20.000,000 or more ................................... 34 1,909,37045 347,47426 1 95,7" 5 831 1111109

Estate Tax Retums, 199271993Table 2.-Es.tate Tax Returns Filed in 1993: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate-Continded[Ali figures are estimates based on samples - money amounts are In thousands of dollars]Gross estate by types of property-continuedTax status, size ofgross estateOther FederalGovernment bondsCorporate and foriignbondsMixed bond fundsMixed mutual fundsNumberAmountNumberAmountNumberAmountNumberAmount(17)(18)(19)(20)(21)(22)(23)(24)All returns, total.....................................20,3414,367,90913,931872,8835,242350,24213,3011,090,238$600,000 under $1,000,ODO...........%............$1,000,000 under $2,500,000.....................$2,500,ODO under $5,000,000.....................$5,000,000 under $1 0,000,DDO ...................$10,000,000 under $20,000,000 ............$20,000,000 or more ..............................10,1987,3301,7546§1244154981,6371,210,914627,427435,1383D4,427808,3656,8535,0601,281478158102256,502234,866106,66557,713.55,983161,1552,7421,9144231133021151,315125,72640,60315,6532,17914,7666,6205,0321,10936711260419,020327,459139,02883,02942,58679,117Taxable returns, total- ............ i............10,2842,942,4067,016564,8872,744221,3956,366635,389$600,000 under $1,000,000 ........................$1,000,000 under $2,500,ODO .....................$2,500,000 under $5,0D0,000 .....................S5,0DOX0 under $10,DOO.000...................$16,000,000 under $20,000,000 .................$20.000,000 or more4,021 .4 3171,156476181132434,411749,060459,739342,255251,313704,8282,7202,949826.3181168794,202160.57774,15336,21742,028157,7101,1971,14728183201781,49381,16729,54513,0471,76114,3812,7022,6286602468347182,909205,45081,08260,32730,04075,581Nontaxable returns, total ......................10,0581,425,5036,915307,9962,499128,847,6,934454,849$600,000 under $1,000,000........................$1,000,000 under $2,500,000................$2,500,000 under $5,000.0D0.....................$5,000,000 under $10.000,000 ...................$10,ODO,000 under $20,000,000 ...............$20,0D0,000 .........................6,1773,013597185634,1332,11046515942151,545.768142301069,82144.55911,0572,606418547,226461,054167,6889288353:114103.537-162,30074,28932,51221,495,13,9553,445-3,9182,40444912129113~-236,111122,00957,9462~,70212,546Gross estate by types of property-continuedTax status, size ofgross estateNumberCashAmountNumberFarm assetsIArnountInterest in limitedpartnershipsNumber AmountInterest in othernoncorporate businessesNumber Amount(25)(?6)(?7)(28)(29)(30)(31)(32)All returns, total ........................ 159,51411,900,5464,090370,1067,426895,2878,5231,755,670$600,000 under $1,000,000 ........................$1,000,000 under $2,500,000 ......................$2,500,000 under $5,000,000 .....................$5,000,000 under $10,ODO,000...................$10,000,000 under $20,000,000 ......... : .......$20,000,DDO or more ....................................31,55621,3174,3371,5415052574,628,7074.232,5011,242,619800,580466.459529,6812,3471.318264993924157,490123,05547,75423,05612,0736,6762.7782,8921,05841718010197,245150,716117,289149,96279,434300.6432.8481,231501-.202137135,832-411,311298,041242.342231,908436,136Taxable returns, total..............27,3811,898160,6293,235532,0463,463811,659$600,0D0 under $1,000,000................$1,006,000 under $2,500,000.................$2,506,000 under $5,000,000.....................$5,000,000 under $10,000,000 ...................$10,0D0,000 under $20,000,000 .................$20,000,000 or more ...................................11,98711,1792,6331,013-3642052,096.3872,794,454843,346575,344374.468475,7421.014617158'62272068,34535,043,27,67315,4307.9526.1869011,324550257120.8328,95954.32163,75063,99644,855276,1647481,54763729312910923,823132,870137,263120,112131,873265.717Nontaxable returns, total ......................32,1334,738,8062,192209,4784,191363,2415,060943,911$600,000 under $1,000.000........................$1,GDO.000 under $2,500,000 .....................$2,513O.D00 under $5,000,000 .....................$5.000,000 under $10,000,000.....................$10,000,000 under $20,000,Doo$20,000,000 or more ...........................19,56910,1381,704528141522,530,3201,438.047399,273225,23691,99163,9391,33370110636'12489,145.88,01220,0817,6254,1214931,8771,56850816060.1866,28696,39453,53985,96634,57924,4782,0992,0585942087328112,010278,440160,777122,230.100,035170.419Footnotes at end of table.110

Estate Tax Retums, 1992-1993Table 2.-Estate Tax Returns Filed In 1993: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate--Continued[AD figures are estimates based on samples - money amounts am In thousands of dollars]Gross estate by types of property-continuedTax status, size of Lifeinsurance Mortgages and notes Annuities Other assetsgross estateNumber Amount Number Amount Number Amount Number Amount(33) (34) (35) (36) (37) (38) (39) (40)All returns, total ..................................... 32,743 3,516,950 18,341 2,666,584 24,345 4,541,404 54,709 3,943,765$600,000 under $1,01)0,000........................ 16,976 1,089,313 8,489 671.992 12,451 1,392,794 28,432 750,801$1,000.000 under $2.500,000..................... 12,198 1.492,326 6,879 859,740 9.191 1,864,397 19,880 943,328$2,500,000 under $5,000,000..................... 2,347 484,330 1,796 378.311 1.775 690,637 4,162 512.624$5,000,000 under $10,000,000 ................... 797 232,491 737 260,907 617 371,744 1,487 392,211$10,000,000 under $20,000,G00 ................. 279 109,839 278 212.492 201 147,734 492 370,305$20,000,000 or more ................................... 146 108,652 162 283,142 110 74,098 256 974,516Taxable returns, total............................ 12,357 964,997 8,022 1,377,843 8,138 1,422,794 24,858 2,142,989$600,000 under $1,000.ODO ........................ 5,295 215,833 3,008 263.464 3,517 347.580 10.358 268,329$1,000,000 under $2.500,000..................... 5,145 380,050 3,249 420,524 3,338 525,218 10,427 452,611$2,500,000 under $5,000,000..................... 1,168 155,028 995 189.941 758 236,424 2,535 315,728$5,000,DOO under $10,000,001)................... 446 89,071 447 144.143 319 161.024 977 249,651$1 0,000,ODO under $20,000,000 ................. 192 52,538 190 117,753 123 100,340 355 257,568$20,000,000 or more................................... ill 72,476 133 242,018 84 52,209 204 599,103Nontaxable returns, total ...................... 20,386 2,551,953 10,319 1,288,742 16,207 3,118,610 29,853 1,800,796$600,000 under $1,000,000 ........................ 11,681 873,480 5.480 408,528 8,934 1,045,214 18,073 482,472$1,000.ODO under $2.500,ODO..................... 7,054 1,112,276 3,631 439,216 5,854 1,339,179 9,453 490,717$2,5W,000 under $5,000,OW..................... 1,179 329,302 wo 188,370 1,017 454,213 1,627 196,896$5,000,000 under $1 0,000,D00................... 350 143,419 291 116,764 298 210,720 510 142,SW$10,000,000 under $20,000,000 ................. 87 67,301 88 94,739 78 47,395 137 112,736$20,000,000 or more................................... 35 36.176 29141,124126121,889 521375,413Tax status, size ofTotal allowableDeductions by typegross estate deductions Funeral expenses Executors' commissions Aftomeys'feasNumber Arnount Number Amount Number Amount Number Amount(41) (42) (43) (44) (45) (46) (47) (48)All returns, total ..................................... 60,196 47,340,098 55,304 332,654 20,625 855,647 37,052 779,172$600,000 under $1,000,000........................ 31.940 7,227,999 29.360 161,142 9,391 161,348 19,355 209,824$1,000,000 under $2,500,000 ..................... 21,551 12,979,839 19,642 121,211 8,006 260,743 13,184 262,451$2,500,000 under $5,000,000 ..................... 4,390 7,146,910 4,126 29,692 2,030 143,661 2,876 116,503$5,000,000 under $1 0,000,ODO ................... 1.551 5,712,935 1,455 12,194 779 102,467 1,069 76,061$10,000,000 under $20,000,000................. 507 3.7-74,805 474 4,706 282 68,729 373 52,257$20,DOO,000 or more................................... 257 10,497,610 247 3,709 138 118,699 196 62,076Taxable returns, total ............................ 27,506 16,090,880 26,853 158,026 15,901 736,510 24,074 599,838$61)0,000 under $1,DDO,000........................ 12,054 635,801 11,847 62,361 6,009 1 D4,114 10,651 122.105$1,000,000 under $2,500,000 ..................... 11,222 2,285,139 10.879 63,322 6,996 231,031 9,733 205,831$2,500,000 under $5,000,DDO..................... 2,646 1,925,579 2,590 17,729 1,817 130,017 2,324 98,891$5,000,000 under $10,DDO.000 ................... 1.014 2,252,515 986 8,036 701 94,042 876 66.553$10,000,000 under $20,000,000................. 364 1,948,175 353 3,453 248 63,615 315 47,230$20,000,000 or more ................................... 205 7,043,672 198 3,124 130 113,692 174 59,228Nontaxable returns, total...................... 32,690 31,249,218 28,452 174,627 4,725 119,137 12,978 179,334$600,000 under $1,000,000........................ 19,886 6,592,199 17,513 98,781 3,382 57,235 8,703 87,719$1,000,000 under $2,500,000..................... 10,329 10,694,700 8,763 57,889 1,011 29,712 3,451 56,620$2,500,000 under $5,000,000..................... 1,744 5,221,332 1.536 11,963 212 13,644 651 17,611$5,000,000 under $10,000,000................... 537 3.460,419 469 4,158 77 8,426 192 9.508$10,000,000 under $20,000,000 ................. 143 1,826,00 121 1,252 34 5,113 58 5,028$20,000,000 or more ................................... 52 3,453,93849 585 85,007222,84811111Footnotes at and of table.ill

Estate Tax Retums, 1992-1993Table 2.-Estate Tax Returns Filed In 1993: Gross Estate by Type of Property, Deductions, Taxable,Estate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate--Continued[Ali figures are estimates based on samples- money amounts are in thousands of dollars]Deductions by type-continuedTax status, size ofgross estateOther expenses andlossesDebts and mortgagesBequests to survivingspousesCharitablentributionsNumberAmountNumberAmountNumberAmountNumberAmount(49)(50)(51)(52)(53)(54)(55)(56)All returns, total ....................................."J 62748,28947,IS34,534,41727,50532.8W,58811,1197,292,066$600,000 under $1,000,000 ............ : ...........$1,ODO,000 under $2,500,000 .....................$2,500,DG0 under $5,000,000 .....................$5,000,000 under $110,000,000 ...................$10,000.000 under $20,000,000 .................$20,000,000 or more.: .................................23,159.15.7463,3811,230422224145,000226,391141,17187,36261,70286,66223.98417,2183,8561,380468246767,0801.364,299759,351706,729366.977569,98112,91911,0132,2728752801.455,016.4069,418.2335,188.3874,020,0872,658,0516,499,4245,0914,0641.164476184140767,9711.327,981768,638708,034562,3823,157,060Taxable returns, total ............................26,608608,45524,4291,795,9023,6018,086,4576 1214,106,000$600,000 under $1.000,000 ........................$1,000,000 und er $2,500,000 .....................i2,500,000 under $5,000,ODO .....................$5,000,000 under $10,600,000 ...................$10,000,000 under $20,000,000 .................$20,000,000 or more ...................................11,60710,9252,56796735019281,485186,322122.61477,24957,26783,51910,31010,1052,507957352198162,875499,007307,810260,426207,998357,7855061,764694381155.10154,521791,5031,000,1451,338.4611,202,0973,699.7301,8872,691882-37715712848,339308,124248,681407,748366,5142,726,595Nontaxable returns, total ......................17,564139,83322,7242,738,51623,90524,714,1314,9973,186,066$6D0,0W under $1,000,000 ........................$1,000,000 under S2,500,000 .....................$2,560,000 under $5,000,000 .....................$5,000,000 under $10,000,000...................--$10,000,000,under_$20,000,000 ............ M$20,000,000 or more ...................................11,5534,821813263__ 721263,51640,06918,55710,1134,4353,i4_313,6747,1131,349424116_46-6D4,204865,292451,541446,303158,979212.19612,4149,2491,5794941254,961,8858,626,7304.188,2422,681,626---2,799,693--3,2041,3732829927719,031,019,857519,957~00,287195,868-430.465--7Tax status, size ofgross estateNumberTaxable estateAmountAdjusted taxable giftsNumberAmountAdjusted taxable estateNumberAmountEstate tax before creditsNumberAmount.(57)(58)(59)(60)(61)(62)(63)(64)All returns, total .....................................56,12557,030,9186,7491,963,22256,26358,994,13856,20422,803,828$600,000 under $1,000,000........................$1,DDO.000 under $2,500,000.....................$2,500,000 under $5,000,000 .....................$5,000,000 under $1 0,000,ODO ...................$10,000,000 under $20,000,000 .................$20, , 000,000 or more ...................................29,56820,1324,2161,47049124817.649,77418,W,0877,914,8274,928,8423,144,0934,729,2961,8522,6501,154654266174267,905487,071325.499345,474262,314274,95929,62920,1564,2341,49149825517,917,67819,151,1568,240.3265,274.3153,406,4075,004,25529,58720.1474,2281,4904972545,822,4046,793,2563,447,3092.433,6D91,683,0672,624,1 8iTaxable returns, total ............................27,50043,067,1654,9761,681,33127,50644,748,49527,60618,311,993$600,000 under $1,000,000 ...............$1,000,000 under $2,500,000.....................$2,500,000 under $5,000,000 .....................$5,000.000 under $10,000,000 ...................$1 0,0D0,000 under $20,000,000 ..................$20,000,000 or more...................................12,05411,2222,6401,0143642059,141,25614,316,6297.115.0894,698,1523.086,8414,709,1991,3141,918856520219149219,560399,945275,056301,135226,789258,84612,05411,2222,6461,0143642059,360,81614,716,5737,390,1444.999,2873,313,6304,968,04512,05411,2222,6461.0143643,124.1445,386,5373,177,3462,348,1621,660,3562,615,448Nontaxable returns, total......................28,62513,963,7631,773281,89228,75814,245,64328,6984~4911.835$600,000 under $1,000,000 ........................$1,00D,000 under $2,500,DW .....................$2,500,000 under $5,000,000 .................$5,000,000 under $10,000,000...................$10,000,000 under $20,000,000.................$20,000.000 or more...................................17,5148.9101,576455127438,508.5174,347,458799.738230,69057,25220,098i38731298134472548,34587,12650,44444,33935,52616.11317,5748,9341,588477134506,556,8624.434,583850,182275,02992,77736,21117,5338.9261,582476133492,698.2601,406,719269,96385,44722,7128,735Footnotes at end of table.112

Estate Tax Retums, 1992-1993Table 2.-Estate Tax Returns Filed in 1993: Gross Estate by Type of Property, Deductions, TaxableEstate, Estate Tax After Tax Credits, by Tax Status and Size of Gross Estate-.Continued(All figures are estimates based on samples- money amounts are in thousands of dollars)Tax status, size of Allowable unified credit Other tax credits Estate tax after credits Total transfer taxesgross estateNumber Amount Number Amount Number Amount Number Amount(65) (66) (67) (68) (69) (70) (71) (72)All returns, total..................................... 58,835 11,323,169 31,720 2,748,420 27,506 10,335,061 27,585 10,451,486$600,DDO under $1,000.000 ........................ 31,159 5.993,546 15,031 280,019 12,054 555,205 12,D63 556,135$1,000,ODO under $2,500,000..................... 21,034 4,051,200 12,123 607,222 11,222 2,637,058 11,264 2,640.102$2,500,ODO under $5,000,000 ..................... 4,355 838,548 2,902 452,111 2.646 2,219,891 2,654 2,233,400$5,000,000 under $1 O,ODO,000................... 1.523 293,171 1,072 406.421 1,014 1,758,487 1,031 1,772.560$10,000,000 under $20,000,000 ................. 506 97,228 378 342,050 364 1,248,935 368 1,266,683$20,000,000 or more................................... 257 49,474 214 660,595 205 1,915,485 206 1,982,607Taxable returns, total ............................ 27,486 5,296,910 26,647 2,680,015 27,506 10,335,061 27,506 10,447,883$600,000 under $1,000,000 ........................ 12,049 2,322,737 11,524 246.199 12,054 555,205 12.054 555,935$1,000,000 under $2,500,000 ..................... 11,208 2.160,326 10,948 589,150 11,222 2.637,058 11,222 2,639.105$2.500,000 under $5,000,000 ..................... 2,645 509,154 2,616 448.301 2,646 2,219,891 2.646 2,232,957$5,000.000 under $1 0.0D0,000................... 1,014 195,193 999 394,481 1,014 1,758,487 1,014 1,770,910$10.000,000 under $20,000,000 ................. 364 70,046 357 341,374 364 1.248,935 **569 **3,248.975$20,000,000 or more................................... 205 39,454 204 660.510 205 1,915,485 -Nontaxable returns, total ...................... 31,349 6,M8,258 5,073 68,405 - 79 3,6W$600.000 under $1,000,000 ........................ 19,110 3,670,810 3,508 33.820 8 200$1,000.000 under $2.500,000 ..................... 9,826 1,890,874 11175 18,072 42 997$2,500,000 under $5.000,000 ..................... 1,710 329,395 286 3,810 8 443$5,000,000 under $10,000,000................... 509 97,977 73 11,940 16 1.649$10,000,000 under $20,000,000................. 142 27,182 21 676 -5 **314$20,000,000 or more ................................... . 52 10,020 10 86Gross estate is shown at the value used to determine estate tax liability. The value could be determined as of date-of-death or 6 months thereafter (i.e., afternate valuatiopmethod).2 Net worth is calculated as 'Total gross estate' less 'Debts and mortgages.* Negative values of net worth were constrained to zero.3 Life insurance is shown net of any outstanding policy loans and associated interest and P8nefti8s.** Data deleted or combined to prevent disclosure of individual taxpayer data.NOTE: Delail may not add to totals because of rounding.113

Estate Tax Retums, 1992-1993Table 3.-Estate Tax Returns Filed in 1992: Gross Estate, Total Deftctions, State Death, Tax Credit, andEstate Tax After Credits, by State of Residence' [AD figures are estimates based an samples - money amounts are In thousands of dollars)State of residenceNumberofreturns(1)Grossestate,(2)Total allowabledeductionsNumber Amount(3)(4)State deathtax creditNumber Arnount(5)(6)Number(7)Estate tax. after creditsAmount.(8)TotaL ........................ .........................59,17698,850,46259,091~ 43,035,775'31;8022AM,72627,18710,097,639Alabama ..................................................Alaska.:...................................................Arizona.....................................................Arkan sea...................... .................. :Californla. ................................................Colorado:...............................................Connecticut......................... I..................Delaware., ...............................................District of Columbia ............. 7 ....................Florida .....................................................Georgia ........................ :..........................Hawa'l'L..*.......................... .....................Idaho............................... ..........................Illinois........................... :: ..................:Indiana....................................................5649795351410.30156812621232405,4231,336441982,95990B1,094,819. 149=1,373,139620.50717,639,653951,1212,178,251486,457356,6439;874,41 62.104,186514,689149,8685,305,701.1,488,8325649795351410,2635431,2481232405,4231,336441982,951908481.20083.795500,997252,6007,860.923396,322843,95483,899152,5874,412,025985,355151 '-%48,6412,355,13659D.8363091745iM6,qn297902891412,592729198461,46049733,3662,84534,70112,549433,8T729,10372,85747,3708,255263,32144,02211,3854,715140,80245,770Iowa ................................................. 879 950.055 879 359,175 -506-- -141521- -360- -45,628Kansas..~ ................................................. 606 973,461 - 606 395,723 312 26,783 -307 113,699Kentucky....................... :......................... 512 911,358 512 415,663 348 23,113 230 89,786Loulallana. ................................................. 582 937,456 582 280,386 379 30,423 314 127,857Maine ........................................................213 299,633 213 172.076 69 4.229 45 20,179Maryland...........r ..................................... 1,130 1,708,006 1,1 3D 764,414 669 41,955. 469 167,370Massachusetts......................................... 1,541 2,337.744 . .1,541 1,021,458 831 60,323 665.228,445Mlichigirt.. .... .. ....... . . . ........................ .......... -1-,233 -I-,SZ7,586- ----1',233--- -760,011-'- -776--- 42,364- - - 566--- ---150,989Minnesota................................................ 571 914,337 571 402,150 325 20,668 278 89,511Mississippi ............................................... 220 387,694 220 224,798 102 6,522 85 23,902Missouri................................................... 893 1,618,070 893 664.937 404 51,152 402 204,570Montana .................................................. 153 231,010 153 85,U5 112 5,413 91 27.819Nebraska ................. ; ....................... 456 637,635 456 237,861 259 15,044 263 61,413Nevada......................... :.......................... 266 528,875 266 307.826 83 10,599 41 34,903Now Hampshire................................ : ....... 421 52D,861 421 219.121 211 9,054 217 37,792Now Jersey.............................................. 2,387 3,874.875 2,387 1,737,731 1,190 91,185 1,165 365,166New Mexico.................... : ......................... 231 382,039 231 212.246 95 4,638 78 14,451Now York ................................................ 5,061 10,642.804 5,061 5,250,915 2,980 322,752 2,389 1,159,933North Par~llna.......................................... 1,493 2,339,861, 1,493 899,036 899 63,571 783 -258,572North Dakota..............: ............................ 154 183,500 154 IZ7,865 34 984 29 3,073Ohio.! ...................................................... 1,723 2,744,354 1.723 '1,137,487 972 78,686 676 330,529Oldahoma ..... ............ I .............................. 540 702,203 5Q 234.605 348 18,739 257 70,393Oregon ................................ ................... 556 745295 556 286,898 294 14,126 248 63,630Pennsylvania ............................. 2,62D 4,349,414 2,620 1,790,567 1,861 131,729 .1,359 473,737Rhode Island........................................... 213 369,868 213 157,277 , 89 9,021.79 43,072South Carolina......................................... 893 1,078,304 893 509,W8 308 15,418 282 53.908South Dakota.......................................... 192 201,968 192 73,846 13D 2,865 116 7,207Tennessee .................. 868 1,13D,453 868 441,452 485 23,368 436 93,669Texas......................... ............................. 2,grA 4,962,558 2,964 .2,068.330 1,364 141,108 1 '-w 556,'156'Utah ........................................................ 124 282,886 124 150,176 56 9,306 49 30,025Vermont.................................................. 92 191,234 92 59,215 77 8,872 27 32.091'Virginia.................................................... 1,332 2,031,965 1,332 898,052 695 42,370 542 1 T7,799Washington .............................................. 1,122 1,581.911 1.122 649,261 582 29,139 543 125,001West Virginia ........................................... 289 399.251 289 135,829 194 10,691 161Wisconsin ................................................ 679 1,174,524 679 502,96D 363 38,247 291 142,608.Wyoming................................................. 53 124,703 53 62,201' 11 3,920 11 13,706Other areas2 ............................................ 125 285.207 125 82 1,912 67 22,171Gross estate Is shown at the value used to determine estate tax liability. The value could be determined as of date-of-death or 6 months thereafter (i.e., alternate valuationmethod).2 U.S. citizens domiciled abroad.NOTIE;: Detail may not add to totals because of rounding.273213984,83629564870942,444655142611,451366119,53214,849138,05442,427,1,695,7631W,921267,01M134,14230,0591,078~035161,79645,69817,600579,507

Estate Tax Retums, 1992-1993Table 4.--Estate Tax Returns Filed In 1993: Gross Estate, Total Deductions, State Death Tax Credit, andEstate Tax After Credits, by State of Residence[All figures are estimates based an samples - money amounts are in thousands of dollars)Number Gross Total allowable State death Estate taxState of residence of estate' deductions tax credit after creditsreturns Number Amount Number Amount Number Amount(1) (2) (3) (4) (5) (6) (7) (8)Total ................................................... 60,211 103,695,486 80,196 47,340,098 31,690 2,652,697 27,506 10,335,061Alabama .................................................. 477 904.842 477 384,547 233 27,077 204 111,409Alaska ..................................................... 57 110,751 57 74,011 3 1,042 3 4,081Arizona .................................................... 850 1.352,305 850 513,552 486 3B,128 482 147,928Arkansas................................................. 255 2.349,951 255 2,092,509 112 11,366 102 48.426California ................................................. 10,132 17.111.525 10.132 7,690,377 4,556 397,796 4,323 1,575,552Colorado ................................................. 724 1,0S7,330 724 451,740 353 22,510 3D8 97,567Connecticut............................................. 1,062 2,217,558 11062 1.016,873 586 79,314 384 282,196Delaware ................................................. 191 272,318 191 134,732 116 6,158 81 23,302District of Columbia.................................. 181 728,644 181 310,506 132 38,116 127 125,331Florida ..................................................... 5,295 9,830,679 5,295 4,669,678 2,706 263,901 2,504 1,058,542Georgia ................................................... 1,246 2,262,236 1,246 961,970 691 70,446 640 260.776Hawaii.................................. *................... 411 661,452 411 287,235 177 14,303 174 61.640Idaho....................................................... 210 850,499 210 664,865 81 6,538 81 24,125Illinois...................................................... 3,164 5,176,770 3,164 2,430,253 1,775 138,187 1,666 545,017Indiana.................................................... 839 1,212,516 839 478,534 477 32,844 373 128,173Iowa ........................................................ 910 954,663 895 339,250 554 17,012 437 63,317Kansas.................................................... 612 961,670 612 440,313 328 23,265 241 86,134Kentucky ................................................. 438 689,962 438 297,344 263 19,408 221 76,614Louisiana ................................................. 540 843,417 540 362,069 353 22,584 282 82,599Maine ...................................................... 281 398,949 281 173,036 131 7,541 126 34,857Maryland ................................................. 989 1.827,607 989 781,590 622 54,612 489 205,750Massachusetts........................................ 1,526 2,560,957 1,526 1,228,765 928 64,610 642 237,605Michigan.................................................. 1,423 2,256,409 1,423 1,011,310 837 58,639 583 211,396Minnesota ................................................ 735 1,165,128 735 539,848 287 28,878 298 120,357Mississippi............................................... 262 423.497 262 239,141 117 5,491 122 21,126Missouri ................................................... 1.238 1,970.581 1,238 049,930 618 44,130 620 176,123Montana.................................................. 357 386,788 357 138,317 160 6,898 136 25,505Nebraska ................................................. 535 715,365 535 216,029 298 22,242 250 81,279Nevada .................................................... 2BB 514,154 288 222,532 129 14,838 91 63,287Now Hampshire....................................... 288 431,110 288 158,912 147 11,480 lie 45,811Now Jersey............................................. 2,380 3,548,614 2,380 1,594,579 1,107 71,749 1,075 295,836Now Mexico ............................................. 179 343,770 179 125,428 .95 13,362 69 49,760New York ................................................ 5,447 10,315,109 5,447 4,931,391 3,025 282,184 2,389 1.098,081North Carolina ......................................... 1,346 2,066.188 1.346 895,013 657 47,753 568 194.491North Dakota........................................... 220 228,252 220 95,059 81 3,270 so 10,251Ohio........................................................ 2,229 3,744,551 2,229 1,517,648 1.408 116,789 1,197 433,032Oklahoma................................................ 593 883,425 593 443,887 325 13,548 260 53,090Oregon .................................................... 600 1,334,794 6DO 705,098 257 38,056 229 121,841Pennsylvania........................................... 2.446 3,911.935 2.446 1,404,841 1,765 129,555 1,189 479,527Rhode Island........................................... 165 263,806 165 113,667 106 6,657 82 28,021South Carolina ......................................... 559 995.329 559 570,595 217 16253 173 70,575South Dakota........................................... 145 210,184 145 77,486 93 4,625 88 24,076Tennessee.............................................. 868 1,345,256 868 535,527 449 35,862 389 143,596Texas...................................................... 3,308 5,421,190 3,308 2,184,119 1,848 154,602 1,695 635,350Utah ........................................................ 167 260,291 167 114,000 69 6,050 83 19,780Vermont .................................................. 103 580,709 103 361,521 52 21,034 52 66,639Virginia .................................................... 1,356 2,173,397 1,356 940,409 690 51,804 687 215,428Washington ............................................. 1,051 1,526,297 1,051 608,183 469 34,604 469 134,291West Virginia........................................... 232 447,523 232 160,063 84 24.482 78 74,207Wisconsin................................................ 1,096 1,527,737 1,096 622,269 611 29,704 488 128,760Wyoming ................................................. 61 90,309 61 39,996 12 1,249 11 6,242Other areas2 ............................................ 145 Z77,2Z711451139,552115154149126,363I Gross estate is shown at the value used to determine estate tax liability. The value could be determined as of date-of-death or 6 months thereafter (i.e., aftemate valuationmethod).2 U.S. citizens domiciled abroad.NOTE: Detail may not add to lotals because of rounding.115

Selected Historical and Other DataTable I.-Individual Income Tax Returns: Selected Income and Tax items for Specified Tax Years, 1975-1993JAN TIqUres are estimates oasea on sampies--moneV amounis are in mousanas or couarsi118Item 1975 1980 1985 1990 1991 1992 p1993(1) (2) (3) (4) (5) (6) (7)All returns ................................................... 82,229,332 93,9OZ469 101,660,287 113,717,138 114,730,123 113,604,503 114,625,932Form 1040 returns I ......................................... 54,527,726 57,122.592 67,006,425 69,270,236 68,992,987 65,870,679 66,244,569Form 1040A returns I ...................................... 27,701,606 36,779,877 18,124,702 25.917,288 26,605,992 28,768,327 27,930,816Form 1040EZ returns I .................................... N/A N/A 16,529,160 18,529,614 19,131,143 18,965,496 20,451,547Adjusted gross Income (AGI) 2 ...................... 947,784,873 1,613,731,497 2,305,951,483 3,405,427,348 3,484,533,661 3,629,129,550 3,724,11341~MSalaries and wages:Number of returns..................................... 73,520,046 83,802.109 87,198.001 96,729,912 97.066,245 96,263,895 98.153,448Amount..................................................... 795,399,462 1,349,842,802 1,928,200,978 2,599,401,271 2,674,260,752 2,805.703,266 2,892.837,750Taxable interest received:Number of returns..................................... 40,378,240 49,019,575 64,526,434 70.369,662 70,161,547 67,280,674 65,193,003Amount .................................................... 43,433,554 102,009,444 182,109,194 227,083.888 209,411,465 162.343,280 127,056,705Tax-exempt interest: 3Number of returns..................................... n.a. n.a. n.a. 3,916,925 4.128,715 4.453.458 4.713.335Amount .................................................... n.a. n.a. n.a. 40,228.405 43,111.140 45.728,471Dividends in AGI: 447,140,618Number of returns..................................... 8,853,491 10.738.982 15.527,579 22,904."l 23,228.826 23,715,100 24,680.390Amount .................................................... 21,892,126 38,761,253 55.046,351 80,168,536 77.284,498 77,926,720 79,431,857Business or profession net income:Number of returns .................................... 5,434.857 6,305.794 8,640,701 11,221,925 11,549,015 11,727,047 11.862.255Amount .................................................... 44,861,623 66.995.010 98,775.563 161,657,252 162.870,485 173,501.912 174,122,366Business or profession net loss: .Number of returns......................... ............ 1,807,685 2,575,325 3,259,640 3,415,666 3.480,310 3.593.419 3,762,252Amount 5................................................... 5.440,145 11.865.856 20.002,9W 20.227,059 21,006,471 19.499,758 19.649,321Not capital gain in AG 10Number of returns .................................... 5,798.724 6.973,930 9.991,808 9.217.141 10.394,928 12,054.502 14,178.144Amount .................................................... 16.034,430 32,723.298 72,183,321 123.783.047 111,442,947 126,677,169 141,388.760Net capital loss in AG I:Number of returns..................................... 2.513,399 1,955,544 2,667.409 5,070,741 4,614,075 4,436,100 4.165,703Amount..................................................... 1,727,272 3,063,698 3,905,541 9,551,854 8,667.127 8,447,633 7,985,656Pensions and annuities in AGI: 7Number of returns .................................... 5,088,937 7,373.704 13.133,295 17,014,091 17,907.232 17,676,445 17,562,936Amount ........................................... 20,886,871 43,339,736 95.096,OD3 159,294,448 176,501,725 186,491,698 195.501.911Unemployment compensation in AG 1:Number of returns..................................... N/A 1.798,210 4.771,546 8,014,136 9,931.421 10.309,533 9.668.471Amount ..................................................... N/A 2,028,456 6,355,539 15,453,147 23,309,714 31,393.169 27,650,062Social security benefits in AGI:Number of returns..................................... N/A N/A 2,956,073 5,082,575 5,333,413 5,535.811 5.758,850Amount ..................................................... N/A N/A 9.594,182 19,686,539 21.359,312 23,139,399 25,074,203Rent net income: 9Number of returns .................................... 3,737,264 3,653,996 3,541.964 3,933,823 4,025,577 4,019,574 4,250,554Amount .................................................... 8,053,918 13,664,671 16,340,908 25.886,388 27.447,747 29,423,161 31.568.677Rent net loss: 9Number of returns..................................... 2,834,547 3.809,821 5,390,750 5.163,186 5,101,001 4,927,819 4,734,420Amount..................................................... 4.621,220 13.464,274 36.163.023 33.450,215 33.252,799 29,799,973 27,756,445Royalty net income: 10Number of returns..................................... 547,192 707,018 960,701 1.170,627 1,205,808 1,169,563 1.089,213Amount..................................................... 1,867,085 4,213,345 7,243,748 4.SM,436 4,863,698 5,032,510 4,&10,371RoValtv net loss: 10Number of returns..................................... 24,809 37,297 77,189 49,133 43,097 37,850 53,167Amount..................................................... 97,700 308,361 385.360 125.855 111,869 96,511 100,790Partnership and S Corporation notincome: "Number of returns .................................... 2.500.000 3.200,000 2,477,459 3.210.384 3,164,227 3,240.270 3,236,261Amount .................................................... 12,811,091 10,099,346 48,477,552 112,029,507 109,117,232 128,704,285 123,955.907Partnership and S Corporation not loss:Number of returns 1( 1,3 ) 1 3010212 2,767,074 2,3352M 2,117.743 2,024,534Amount.!~............. .....*.'..'' .''.. '.'.**.. '.''.. *.*..'' .'..'' .'.''.. '.'..'* .'.''.. *..351:004.143 45,007.276 45,926,843 41.05Z774 29.615,613Estate or trust net income:Number of returns..................................... 676,691 865.381 1.075,119 444,953 414,875 424.883 412,191Amount ..................................................... 2,740,733 4,974.127 10,328,599 4.633,163 4,313.452 4,664,394 4,497.079Estate or trust not loss:Number of returns..................................... 56.990 40.916 73,534 74,127 62,331 57,847 50.903Amount ..................................................... 186,410 414.096 652,621 467,976 608,053 701,176 361,109Farm net income:Number of returns .................................... 1,340,485 1,123,085 891,562 996.360 934.032 895,900 907,305Amount .................................................... 10,112,147 9,938,950 6,493,117 11,395,305 9,544= 10,04Z249 9.71 O~MFarm net loss:Number of returns..................................... 1,414.556 1,485,345 1,729,299 1,324,793 1.356.876 1,392,318 1,368,851AmounOl ................................................. 6.548,822 11,731,416 18,498,600 11,829,067 12,397,229 12,578,256 12,782,210Total statutory adjustments:Number of returns !~ ................................. 9,024255 13.148,919 37,763,418 16,648,032 16,990,443 17,170,925 17.104,744Amount.~~.............15,101.999 28,614,061 95.082,299 33.974.231 34,716,128 35,464,254 35,896,238Individual Retirement . * .............. Arrangements: ** -* 16 **'Number of returns ................................ 1,211,794 2,564,421 16,205,846 5,223.737 4,666,078 4,477.720 4.411,769Amount ................................................ 1,436,443 3,430,894 38,211,574 9,858.219 9,030,177 8,696,060 8,583,202Self-employed retirement plans:Number of returns ................................ 595,892 SM.936 675.822 824,327 840.087 919.187 943.365Amount ................................................ 1,603,788 2,007,666 5,181.993 6.777,645 6,912.855 7,592,136 7,975.028Deduction for self-employment tax:Number of returns ................................Amount ......... ...AWAAN AAN A 992lo387 '3110112138 112 1154=~ 1129415,822 11639,891

Selected Historical and Other DataTable I.-Individual Income Tax Returns: Selected Incomeand Tax Items for Specified Tax Years, 1975-1993Page 118Table L-Individual Income and Tax Data by State andSize of Adjusted Gross Income, Tax Year 1993Page 120Table 3.-Number of Individual Returns, Income, Tax andAverage Tax by Size of Adjusted Gross Income, TaxYears 1990-1993Page 173Table 4.-Reconciliation of Adjusted Gross Income (AGI)and Personal Income Used in the National Income andProduct Accounts (N`IPA), for Specified Years, 1970-1992Page 175Table L-Personal Income and Total Adjusted Gioss In--come-Based on4ndividual Income Tax Returns per Na---tional Income and Product Accounts (NIPA), Tax Years1947-1994Page 176Table 6.-Total Adjusted Gross. Income Estimated fromNational Income and Product Accounts (NIPA) and AdjustedGross Income Reported on Individual Income TaxReturns per SOI, Tax Years 1947-1993Page 177Table 7.-Standard, Itemized and Total Deductions Reportedon Individual Income Tax Returns, Tax Years1944-1993Page 178Table L-Personal Income per National Income and ProductAccounts (NIPA), and Taxable Income and IndividualIncome Tax per SOI, Tax Years 1947-1994Page 179Table gi-Number of Individual Income Tax Returns byType of Tax Settlement, Tax Years 1944-1993P~ge 180Table 10.-Nonfarm Sole Proprietorship Returns: SelectedIncome Statement Items for Specified Income Years,1975-1992Page 181Table Ili-Partnership Returns: Selected Balance Sheet andIncome Statement Items for Specified Income Years,1975-1992Page 182Table 12.-Number of Business Income Tax Returns bySize of Business for Specified Income Years, 1975-1992Page 183Table 11-Corporation Income Tax Returns: BalanceSheet, Income Statement and Tax Items for SpecifiedIncome Years, 1975-1992Page 184Table M.-Corporation Income Tax Returns: SelectedBalance Sheet, Income Statement and Tax Items by IndustrialDivision for Specified Income Years, 1975-1992Page 186Table 15.-Corporation Profits Before Taxes per NationalIncome and Product Accounts (NIPA) and per SOI, andIncome Subject to Tax per SOI, Income Years 1960-1993Page 188Table IL-Estate Tax Retums-as a Percentage of AdultDeaths, Selected Years of Death, 1934-1992Page 189Table 17.-Gross Tax Collections: Amount Collected byQuarter and Fiscal Year, 1987-1994Page 190Table 18.-Tax Refunds: Amount Refunded by Quarter andFiscal Year, 1987-1994Page 191Table IL-Excise Taxes by Specified Fiscal Years, 1975-1993Page 192Table 20.-Selected Returns and Forms Filed or to be Filedby Type During Specified Calendar Years, 1975-1995Page 193. Table 21 o-Taxpayers Receiving Assistance, Paid andUnpaid, Tax Years 1988-1992Page 193Notes to Selected Historical and Other Data TablesPage 194Notice: The data on the following pages are the latest andmost accurate available at time of publication. However,they are subject to continuous revision as more informationbecomes available, Data labeled as preliminary shouldbe used with caution. 117

Selected Historical and Other DataTable l.-Individual Income Tax Returns: Selected Income and Tax Items for Specified Tax Years, 1975-1993-ContinuedJAJI figures are estimates based on samples-moneV arnounts are in thousands of dollarsiItem 1975 1980 1985 1990 1991 1992 p1993(1) (2) (3) (4) (5) (6) MSelf-employed health ,'msurance:Number of returns. ................................. 7WA NIA WA 2,754,= 3,047,949 2,825,883 2,887,235AmountE .............................................. WA WA N/A 1,627.356 1,906.288 1.367,088 2,032,150Exemptions:PNumber of exemptions, tota ................... 212,202,596 227.925,098 244,180,202 227.549,246 231,296,627 23D,547,002 232,975.218NumlW, age 65 or over ...................... 9,937,208 11,847,168 16,748,810 N/A N/A NIA N/AAmounI .................................................... 159,140.845 227.569.280 253,720,447 465,985,366 491,DB4.150 523.042,222 540.683,262Total deductions: ,Number of returns.................................... 81.585,541 88.491,251 96,848,626 112.795,712 113,794,693 112,612,850 113,707,992Amount's ................................................ 233,181,778Standard deductions? 0 .............................346,000,155 554,733,523 789,941,575 818,773,883 848,479,238 863,5W.323Number of returns, total ...................... 55,511,480 59,640,969 57.000,442 80,620.774 81.304,774 80,072,236 81,013,800Amount................................................ 1 OD,921,181 127,972,016 149,709,998 331,456,520 351.076,010 366,533,607 383,231,173Returns with additional standarddeductions for age 65 orblindness:Number of returns............................ NIA N/A N/A 10,954,167 11,038,416 10,643,118 10.580,819Amount ............................................ NIA WA N/A 10.615.715 10,979.059 11,310.862 11,268.458Itemized deductions:21Number of returns ................................ 26,074.061 28,950,282 39,848.184 32,174,938 32,489,919 3Z540.614 32,694,192Amount2l ........... 122,260.601 218,028.139 405.023,525 458,486,055 467,697,873 481,945,631 480.355,150Medical a' n'd - ~;n expense: 22'Number of returns ............................ 19,483.273 19.458,318 10,777.296 5.090.958 5,338.966 5,507,781 5.408,223Amount ............................................. 11,422,312 14,972.082 22.926,214 21,466,587 23.726,112 25,747,466 25,9322MTaxes paid: 23Number of returns ............................ 25,929,082 28,749278 39,548.023 31,594.114 31,9W.878 31,958,848 32,155.9%Amount ............................................. 44,141,289 69,404.275 128,084.618 140.011.461 147,858,422 160,45Z525 197,881,502Interest Paid:24Number of returns ..... 23,385,461 26,676,836 36,286,822 29,394,600 27.418,495 27,347,034 27,359.989Amount............................................ 38,885.282 91,187,006 180,094.578 208,354,360 213,725,293 208,655,776 194,975,693Contributions:Number of returns ............................ 24.642,672 26,601,428 36,162,178 29,230,265 29,551,349 29,603.408 29,717,271Amount............................................ 15,393,331 25,809,608 47,962,848 57,242,757 60,575,848 63,843,281 67,166,29525Taxable Income:Number of returns ................................... 65,852,602 88,104,696 96,124.046 93.148,332 92,717,816 90,717,400 90,886.435Amount ................................................... 595,492,866 1.279,985.360 1,820,740.833 2.263,661,230 2,284,087,935 2,395.695.907 2.450,345.838Income tax before credits: 26Number of returns ................................... 65,854,734 76,135,819 85.994,216 93.089,368 92,635,791 90,633,192 90,802,863Amount .................................................... 132,452,044 256,294,315 332,165,333 453,127,579 454,502,664 482.630,873 507,348,043Total tax credits:Number qNume'K..~! ............................. n.a. 19,674.483 20,995,285 12,483,535 12,736,913 12,733,252 13,180,121Amount :.............................................. 8,069,846 7,215,839 10,248,044 6,831.187 7.286,497 7,749,139 7,922.341Child care credit:Number of returns ................................ n.a. 4.230.757 8.417.522 6,143,590 5,896,435 5,980,219 6,059.843Amount ................................................ n.a. 956.439 3,127,702 2,549,OD4 2,620,549 2.627,188 2.550.016Credit for the elderly and disabled:Number of returns ................................ 784,808 561,918 462,548 339,818 285,085 240,144 220,101Amount ................................................ 128,968 134.993 108,642 61,898 57,083 51.120 47.815Foreign tax credit:Number of returns ................................ n.a. 393,074 453,863 772,143 874.583 1.068,776 1,292,061Amount ................................................ 381,985 1,341,675 782,561 1.682,307 1,824,334 2,047,275 2.115,509Investment credit: 2929 2929Number of returns ................................n.a.n.a.I ) F) (M-Amount ................................................1 593 150 3 288415I-)RGeneral business credit: 29 , ,,Number of returns ................................ N/A N/A 4,614,307 262,573 259,625 252,151 244.711Amount ................................................ WA N/A 4,791,132 616,288 522,507 574,633 516,625Income tax after credits:Number of returns .................................... 61,483R28 73,840.395 82,762,130 89,644,225 88,717,148 86.70BA99 86.462AS4Amount.................................................... 124,382.197 249,078,475 321,917,289 446.296.392 447,216,167 474,881,734 499.426.702Total income tax: 30Number of returns ................................... 61,490.737 73.906,244 82,846,420 89,862,434 88,733.587 86.731,946 86,475,527Amount .................................................... 124,526,297 250,341.440 325,710,254 447.126,703 448.429.593 476,238,785 501,177.140Minimum tax:~!........................................Number of returns................................. 20,188 94,599 N/A N/A N/A WA NIAAmount ................................................. 144.099 412,638 N/A NIA N/A WA NtAAlternative minimum tax:.!! ......................Number of returns ................................. N/A 122,670 427,688 132,103 243.672 297,183 323,381Amount................................................. N/A 850.326 3,791,672 83D,313 1,213,426 1 ~357,063 1.751.438Overpayments, total: 32Number of returns .................................... 63,825,188 69,868.451 77,424,003 83.507.580 85,564,104 80,991,052 82,570,524Amount .................................................... 29,363,945 49,458,344 76,220,146 88.479,352 95,269.292 92,047,931 96,110,641Overpayment refunds: .........................Number of returns ............................ 62,660,424 68,232,903 74,914,665 80,514,484 82.402.017 77.840,969 79,513.267Amount............................................ 27.252.870 46,680.072 68.933,993 78,103,385 84,D43,194 78,879,540 84,530,350Tax due at time of filing: 33Number of returns .................................... 15,842,400 21,755,516 21,210.194 26,986,948 25,567,640 29,035,574 28,555,902Amount .................................................... .14,208,747 32,843,576 39,091,228 56,561,150 53,046.236 50,411 A81 50,624,371See notes follovAng Table 21.1119

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993(Money amsounts are in thousands of dollars]State and itemUNITED STATESNumber of returns ..............................................Number with paid preparers signature...........Number of exemptions.......................................Adiusted gross income (loss deficit)...................Salaries and wages:Number of returns..........................................Amount................. :........................................Interest income:Number of returns ..........................................Amount.................... .....................................Dividends:Number of retims ..........................................Amount ...........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns...........................................Amount ........................................... ............Unemployment compensation:Number of returns..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns .........................................Amount ................... ............ 7 ..........................Modest and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount .............................................Contributions:Number of returns......................................Amount......................Taxable income: *** .........Number of returns ..........................................Amount ...................................................Total tax liability:Number of returns ..........................................Amount ..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned income credit 3Number of returns......................................Amount.............................................overpayment;Number of returns..........................................Amount..........................................................Tax due at time of Ming:Number of returns ..........................................Amount ...................See notes following Table 21.All returns115,060,79757,070,701253,489,4833,720,610,77697,606.9682.880,337.90265,431,116133,052,19824,819,45681,239.20314,275,285140,894,02817,339,457-192,215,255-9,613,64128,367,40015.841,3731,927,99533,482.180514,508, . 0865,859,16838.184,32332,896,322175,377.09627,831,752203,920,16229,972,76568,3134,56291,337,3982,455,262.09393,736,009532,213.23615.300,76415,675,41012,225,24812,036,90079,308,07585,533,29728.335.3855%568.936Under$15.OOD I44,527,16319.415,62469.838,621261.339,96234,713.542245,154.06816,823,64822,822.6635.21r7,2647,821,0742,732,1938,015,3695.060,44228,589.605-3,250,9258,647,8764,707,329583,6862.144,34933,167.4521270,74214,416.7941,910,7835,848,6381,266,6499,246,6031.337,7131,427,67921,968,68368.648,47624,285,40013,849,78610,172,55112.398,6989,887,60010,757,20233,288.00023,631,6066,911.5852.789.145$15,000under$30.000t3l28,659,81413,908,05864,374,134622,373,52824,696,469496,844,42814,790.59122,477,4754,567.3279,542,1572.522,2085.233,5614,909,66050.468;102--2,885,7629,009,4863.437,041478,7125,078,14852,889.0921,898.00210,799,2044,920,45411.516.9133,759,21719.452.3284229,9495,591,41827,619,855321,871,15327,686,92551,982,0165,128,2033276,7122.337,7481279,69820,992,45618,420,3726,641,9635,383,214 1$3D.000under$50,00014121,203,91211,382.31255,939,823828,312,15619,285,586690.222,07515.238,83221,424,0785,307,46911.329,3482~1&1,5128,603.9573,606,093 2.232,164-46,660.906- --34.074,804-2.127,0806,413,8083,394.506442,0769,499.034102,625.9581.664,0417,001,2169,390.32228.M,7338,035.81245.105,0268,508,38612,312,94821.110,242538,064,85121,117,80291,214,525Size of adjusted gross income--14,060.82917,417,7076,388,7747,772,103$50.000under$75,00015112,273.1716,894,72637,045,420741,079,51011,373.561621,807,88310,612,28217,304,8234,620,54710,924.8612.503.63611,161,7671,004,5903,089.9842,243,699250,3889,064,936120,304,952741,0423.299.5.019,013,19339,861,1518,051,29853,168,6598,500,72014,901,46112,253,146518,718,31812,256,61095,970,023--7,365.83112,759,2364,408,2158,168,939$75,000under$100,000"64,278,4072,481,14313.326,543365,231,4003,946,595297,635,9673,986.8609,134,0252.188,8616,804,2371,319,8908,890,831789,85414,200262-231,889768.964898,89878,1193815,054';43,9996.6.182,6501.257,8063,798,73423,829.4543,393,30628,170,3813,661,0908,393,5404,272,971266,070.0224,274.49657,352,553--2,093,1434,825,7701,942,2955,586,691$100,000urder$200,000M3,107,7222,108.5009,760,852407,328,66D2,747,437289.600,9012,985.10513,405,0142,033.69811,591,2391,561,91820,202,124577,90812.780,158-102,057388,746846,71564,6692,924,36673,060,49791,3611,024,5762,911,10229,257,5552,529,14829,117,7742,811,5129,840,5303,103,319312,663,4253,104,92478,779,938--1,248,0414,818,6091,523,3318,778,978$200,000or moreL8)1,010,6088W.3393,204,090494,945.560843,778239,072,582993,79826,484,120824,29023,226.286768,92878,786,418163,336_-5,441 41811,33848,536313,18530.345956,29365,716,13511,330385.226951,73436,117,652796,32219,659,391923,39515,836.9851.009,182429,025,8491,009.852143,064,395-259,T753.659,997519,22212,089.866120

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--continued[Money amounts are in thousands of dollars]Size of aclusted gross IncomeState and hemAJI returnsUnder$15,0001$15,000under$31),000$W.000under$50,000$W.000under$75,000$75,000under$100,000$100,000under$2DO,000$2DO.000or moreALABAMA(2)"3t4l)"S(6)MAMNumber of returns.........................................Number with paid preparer's signatureNumber of exemptions ..................................Adjusted gross inoomse (loss deficit)..............Salaries and wages:Number of returns.....................................Amount......................................................Interest income:Number of returns.....................................Amount......................................................Dividends:Number of returns.....................................Amount .....................................................Net capital gain (less loss):Number of returns .....................................Amount.....................................................Taxable pensions and annuities:Number of returns .....................................Amount......................................................Unemployment compensation:Number of returns .....................................Amount......................................................Number of sole proprietorship returns...........Number of farm returns (Schedule F) ............Total itemized deductions:Number of returns .....................................Amount......................................................Medical and dental expense:Number of returns.................................Amount..................................................Taxes paid deductions:Number of returns.................................Amount..................................................Interest paid deductions:Number of returns.................................Amount..................................................Contributions:Number of returns.................................Amount..................................................Taxable income:Number of returns.....................................Amount......................................................Total tax liability:Number of returns.....................................Amount......................................................Earned income credit:Number of returns .....................................Amount......................................................Excess earned income credit: 3Number of returns .................................Amount ..................................................Overpayment:Number of returns .....................................Amount......................................................Tax due at time of filing:Number of returns .....................................Amount............................See notes following Table 21.1,760,213928,7564,010,87649.377,8461,545,16639,067,521798.9631,489,038265,323763,968154,5611,329,486252,8182,796,610161,976238,382219.68842,857409,3655,005,428100,51242D,01 1404.0951,161,068343,7091,922,512376,4791,118,1311.321,99731,059,3251,357.8016,448.324387,945433,371324,487348,5701,298,4181,393.773380,488650,985764,995356.7961,314,8795,369.636641,9754,636,875200,875255,77649.79062,21827,32D52,19272,91743D,07967.8971CF7.41873,23511,03725,066304,97218,348147,18822.18950,43713,73359,96717.79D26,121340,4371,022.863377,030202,732273,856354,156269,176317,417628,686576,12287.52436,360444,509236,8901,075,7289,642,448394,2157,944,659185,680271,73647,18277,56526,83161,56573,823771,02848,89966,97752,1579,8857Z418634,40537,508129,49071,02175,22753,604210,05663,715118,532431,5954.627,66143D,738739,986114,09179,21455,31131,152341,555334,95691,61471,808298,597177,006835,43511,640,419275,9809,960,972193,271250,99859,21899,69832,207103,45854.221699.10332,53344,88145,46110,83D119,7021,147,97730,85588,861119,033208,402103.162466,607110,462232,019298.0227,565,6D5298,0561,239.327202,082233,23788,54699,237161.22696,169496,7639,701,239151,1238,274,497134,035207,03255,340105,51228.903132,53132,4Z7499,90210,37215.12527.2406.868111.414I.Z70,97511,02535,992111,192295,989101,755543,706106,334278.499161,1227,003,735161.1361,275,82493.241142,47662,854AM=49,08129,638154.2864,173,51045.6043,382,88344,932104,18924.68668,22114,428103,60210,753199,3881,7422,9259,5442,00841,956605,6381,9529,80941,89D157,71438,295249,35740,574137,91149,0493,175,22149,057686,29420,71840,09325,99873-98231,15222,46298.9584,056,56027,3042,685,67129,698147,78920,314115,59516,355236,5006,918153,8954939398,5421,46428,620561,3387446,49628,583165,47724,866221,51027.675143,24231,1273,265,87131.135830.4189,84835,51117,907113,93410,6539.79534,8274A94,0348,9652,181,96310,472251,5198,793235,1608,517639,6381,75943,216401173,40976510,189480,422802,17510,187207,8438.294171,3099,929181,80810,6454,398.42910,6491,473.7432,28831,3796,045W.361121

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--continued[Money amounts are in thousands of dollarslState and ItemALASKANumber of returns.........................................Number with paid preparees signatureNumber of exemptions ..................................Adjusted Arose income (loss deficit)..............Salaries and wages:Number of returns ............................Amount............................................. ........Interest income:Number of returns.....................................Amount.......................................................DMdends:Number of returns.....................................Amount ......................................................Net capital gain (less loss):Number of returns.....................................Amount ......................................................Taxable pensions and annuities:Number of returns.....................................-Arnount....................................Unemployment compensation:Number of returns .....................................Amount.......................................................Number of sole proprietorship returns...........Number of farm returns (Schedule F)Total itemized deductions:Number of returns .....................................Amounf ...........Medical and dental expense:Number of returns ...............................Amount...................................................Taxes paid deductionje:Number of returns .................................Amount .................................................Interest paid deductions:Number ' of returns.................................Amount..................................................Contributions:Number of returns,Amount ..................................................Taxable income:Number of returns......................................Amount......................................................Total tax liability:Number of returns ........................................Amount......................................................Earned income credit:Number of returns .....................................Amount......................................................Excess earned income credit: 3Number of returns ...........................Amount..................................................Overpayment:Number of returns .....................................Amount. .....................................................Tax due at time of filing:Number of returns.:..Amount.....................................................See notes following Table 21.All returnsD)350,473139.803571,82110,025.~24235,3597,747,657171,470225,67972,281130,51333,925247,17833,974---489,~68-40,207121,95055,5631,02470,783991,251-7,983119,22266,457129,88764,031523.02659,333143,045316,7437,181,351322,9431,550,75319,49816,12913,50310,244162,744181,709170,421184.689Under$15,OOD IL21168,48253.728102,598554.07869.224430,06852,99125,66220,87015,5665,31711,1934,31524,721-11,08628,33213,9491591,53494,5892,3784,0502,20315,6321,4831,907136,773212,091142A1340,32711,34111,59910,6128,88158,67932,66599,53614,207$15.000under$30.000L3)59,82D22,702126,5651.314,62053,1041,032,29126,98223,54310,61714,5114,0328,3483,051121,502-6.982 8,09373,496- - -120,736-11,69936,95110,8711246,70761,9741,9917,4795,7988,1135,38231.5~24,8377,56357,930722,46858,449121,2738,1574,5302,8911,36238.96432,36918,90418,957$30,000under$50,000N-152,93023.903131,5312,084,14748,4281.700,991Size of adjusted gross Income33,37935,00412,82D17.9166,12816,0159,33331.06D11,71921816,0991164,71i 92,2507,77914,85122.27314,15294,22512,87421,74352,8211,431,77252,859255,13831,81740,83919,51429,726$50,000under$75,000L5138,19420.301113,6792,331,01235,7851,931,28229,95139,14612,20918.9737,04028,22B7,595--127,593-5,83418,79110,10721521,186,253,7381,5795,89020,20935,67319,678150,78918,20336,93338,1791,721,09238,181.333,48420,75538,006116,13834,507$75,000under$100,000t6)17,66710,11055,3781,512,86916,7331,258,39315,59827,5807,61914,7254,80628,4484,02473,292-1,7085,2004,59314313,087-183,4774402,00112,74226,74212,497110,17611,95127,98217,6631,174,64617.663258,0737,96817,6888,98926.42B$100,000under$200,000(7)11,3047,24935.6681,434.42210,3721,050,82010,54437,0506,56521,2425,07760,3582,63059.9685~91,5703,4841299,185159,9051741,2299,02925,2798,77095,1338,61128,07511,3011,180,76911.302299,2694.11313,2336,25636,949$200,001)ormore2,0761.8106,402794.0751.713343.8112,02537,6941,58127,5801,52594,5883,159,561-1845840361,46845,937152551,4507,7571,34925,4991.37418.8422,076738,5122,076243.1894486,9091,08423.915122-

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and RomAJI returnsUnder$15,0001$15,000under$30,000$30,000under$50,000$50,000under$75.000$75,000under$100,000$100,000under$200,000$2DO.000or moreARIZONANumber of returns..............................................Number with paid preparees signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest income:Number of returns..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (loss loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount ..........................................................Medical and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount ......................................................Interest paid deductions:Number of returns ......................................Amount ......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable income:Number of returns..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Exress earned income credit 3Number of returns ......................................Amount......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount .................................See notes following Table 21.LI)1,707,024889,3363,960,38450,431.2041,424,61238,226,651874,0471.959,324359,9411,232,671245,7091,812,000289,9343,557,437109,268277.665238,0727,313525,0317,518,779122,790855,928519,3091,950,279461,2613,250,005469,158919.6691,313,94831,968,3191,349,7336,701,498269,853281,772223,529226,5831,144,3071,129,941453,988741_42312)693,976317,7511=.6344,192,397553,2114,050,408224,010328,47181,307M,62152.30295,91580.230472,64946,292113,46674,5511,92342,326653,34928,45133D,1 6139,62272,25930,406184.D4628,34828,432324,0421,057,547358,123207.355183.973225.670179,861201,342524,814385,458105,00441,320 1L31442,012225,8851,059,9969,526,072370,0857,392,509213,122362,91076,453191,22850,85085.87686.1 1 6940,33832,09284,04254,6121.47696,8061,058,95941,140310,08895,213143,48979,572408,72082,46997,857420,6294,677,329422,097752,83685,88056,10243,66825,240309,237258,099116,61587,358L4)301,301173.004837,95711,739,606263,4309,341,194202.776348.27178,809207.91751.729152,93763,711933.83519,57949,74751,2871,542157.1161,655,33334,335122,371156,228352,723141,188820.080141.766193,12B299,9507,440,385300,1111,249.949----182,341205,881107."1126,531M164,60598,960509,0459,922,934146,8467,908,723136.224270,34662,157179,58040.661203,32337,166667,8328,18021,31331,7181,050130,4061,698,43614,24158,189130,092442,207121,004835,040122,434210,376164,3406,888,936164,3781,263,474-88,053136,27969,425129,290"654,63334,614170,8814,661,37448,5863,589,42349,740139,93927,670100,44619,618158,86812,319257,2112,0515,79511,97048149,826840,7323,11818,56849,754250,46845,922384,70547,682108,50754,5623.411,BB654,585736,853--22,80549,87428,63486_063M38,67428,556121,8005,069,23632,8153,400,09136,591209,32224,454151,08221,381321,9468,280206,6029832,98310,50051636,977886,3351,38112,86936.935308,72533,122376,62635,398125,96638,6203,914,14338,635985,428--13,78753,83220,826130,301"811,82310,56638,0715,319,5849,6392,544,30311,584300.0669,091255.7979,168793,1342,11278,9699132D3,43432511,574725,6361243,68011,56538D.40810.047240,78811,061155,40411,8054,578,09511,8141,505,603--3,27040,5176,043140.559123

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross IncomeState and itemAD returnsUnder$15.0001$15,000under$30,000$30,000under$50,000$50,000under$75,000$76,000under$100,000$100,000under$200,000$200,000or moreE21L3)L4)(5)L61L71(a)ARKANSASNumber of returns ..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Net capital gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ...........................................-Arnount.................................................Unemployment compensation:Number of returns ..........................................Amount.............................................. :...........Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ..........................................Amount ..........................................................Medical and dental expense:Number of returns.......................................Amount......................................................Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable income:Number of returns..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns...........................;..............Amount..........................................................Excess earned income credit: 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount........................... : ............................ .See notes following Table 21.994,988550,8952,303.13225.664,60i847,06619,531.241457,063941,163169,825516,181117,287781,146138,8761,452,13286,022199,042146,54742,471191,4172,516,41346,675379,230188,408768,780151,919774,575164,848495,381737,81815,641,203769,6993.249,651204,792215,613165,551165,744704,553702.552231,508415,136444,T76225,270792,2073,003,33936D,6092,595,451130,437191.70837,09345,27326,00943,63243,799247,65336,63281.46454,10514,59513.723239,83510,075135,84312,12813,3207.22533,4168,75513,829196,210602,447227,437129,507139,162172,165135,588149,389349,761285,74558,633951k269,031150,356672,6755,769,334233,4584,630,469119,166201,56439,00659,25227,86164,63644,102445,173-28,87467,86138,22211,35033,252313,83216,03367,67232.34964,67722,89784,85626,38851,265260,7552,767,225261,393456,03765,63043,44929,96316,355195,822181,13964,1,4655,257 1166,55599,132481,3286,450,644150,9015,322,973108,330167,23939,88162,39726,07584.27929,119- _374.48016,00437,33128,6169,33156,901545,54713,602144.87956,569127.18147,290195,71148,899104,605166,3064,177,872166,30569D,977----105,198113,82855,65772,54274,72346,239231,298'4,468,33467,7373.581,77261,739121,10628,73853,26617,70192,39214.489234,1633,7539,80114,1424,39151,192582,4705,40119,64251,065182,17244,824213,57646,554116,63174,6733,221,85374,684595,104--39,89360,75231.48472,25620,27313,50563.4561,724,13617,8851,244.38818,52D56,88310,96730.7357,42964,5124,0425541,8034,7861,25917,688262,5971,0805,33017.66294,39215,04789.61316,60553,41220,2591,305,54820,262290,748--7.93517.40310,88047,24914,53511,68346,1011,924,31312,1621,138,086.13,85977.3569,96049,9858,232123,8532,590----52,3411937344,7991,09213,713288.4574454,84913.691122,22310,86988,71812,92564.25314.52D1.533,04014,524397,986-4,64119,3288,00470,804-5,0954,71016,0672,324,5074,3141,018,1025,012125,3084,180215,3023,980307,8401.735- 2 17012471,8774454,948283,674391,0144,944164,8133,76768,6854,72291,3865,0952.033,2205,094689,292--1,30324,3592,70471.294124

Selected Historical and Other DataTable 2.--Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and itern All returns Under $15,000 $30,000 $50,000 $75,000 $1 OD.000 $200,000CALIFORNIA$15,0001 under$30,000 under$50,000 undar$75,OOD under$100,000 undar$200.000 or more(1) (2) (3) (4) (5) (6) (7) (8)Number of returns............................................... 13,218,412 5,090,278 3,120,591 2,367,007 1,450,143 595,318 457,740 137,335Number with paid preparees signature ........... 7,346,926 2,509,409 1,671,090 1,394,217 929,947 392,501 328,833 12D.929Number of exemptions....................................... 30,677,544 9,404,136 7,399,686 6,025,205 4,224,069 1,810,202 1,392,563 421,683Adjusted gross income (loss deficit) ................... 451,175,269 24,972,496 67,942,433 92,440,090 88,060,833 50,960,234 59,951,619 66,847,565Salaries and wages:Number of returns........................................... 11,050.529 3,952,665 2,635,040 2,098,607 1,314,398 542,403 397,572 109,844Amount ........................................................... 348,874.020 28,981,982 53,845,374 75,812,465 72,708,968 41,712,795 43,028,641 32,783,794Interest income:Number of returns........................................... 7,245,243 1,674,656 1,545,475 1,666,865 1,236,836 549,825 437,055 134,531Amount ........................................................... 16,864,078 2,615,680 2,376,960 2,518,444 2.238,425 1,300,887 2,059,909 3,753,773Dividends:Number of returns........................................... 2,702,258 529,626 461,670 558,184 502,095 272,326 273,797 104,660Amount ........................................................... 9,550,334 959,129 1,128,259 1,346,195 1.280,132 815,444 1,378,260 2,642,915Net capital gain (less loss):Number of returns........................................... 1,665,792 299,586 263,727 318,628 294,876 172,274 216,585 100,116Amount........................................................... 18,691,396 1,457,174 468,806 867,030 1,258,443 1,115,006 2,814,777 10,710,160Taxable pensions and annuities:Number of returns........................................... 1,800,034 452,088 483.733 389,001 266,841 107,195 80.630 20,546Amount........................................................... 22,820,060 2,759,788 5,358,431 5,602,788 4,461,551 1,995,078 1,856,982 785.441Unemployment compensation:Number of returns ........................................... 1,388,374 554,085 376,989 254,066 137,399 41213 22.161 2,461Amount........................................................... 4,141,962 1,521,780 1,199,001 787,273 425,603 126,573 72,673 9,059Number of sole proprietorship returns ................ 2,168,903 696,940 417,489 420,334 313,823 142,804 133,544 43,969Number of farm returns (Schedule F) ................. 71,224 17.227 12,330 14,004 11,797 5,721 6,390 3,755Total itemized deductions:Number of returns ........................................... 4,566,216 371,186 697,908 1,210,107 1,150,316 552,823 447,851 136,025Amount........................................................... 92,305,339 7.236,433 9,420,724 16,797,741 19,715,602 12,250,085 14,277,417 12,607,337Medical and dental expense:Number of returns....................................... 822,322 200,966 243,617 220,171 108,737 30,819 16,130 1.882Amount....................................................... 5,982,358 2,398,849 1,619,017 1,079,924 491,265 178,945 162,293 52,064Taxes paid deductions:Number of returns....................................... 4,521,730 345,865 686,112 1,205,127 1,148,719 552,414 447,545 135,948Amount....................................................... 27,518,873 1,238,312 1,748,548 3.580,105 5,113,997 3.646,896 5,061,921 7.129.104Interest paid deductions:Number of returns....................................... 3,878,032 278,082 551,389 1,027,755 1,014,006 495,802 393,733 117,265Amount....................................................... 43,477,026 2,903,869 4,440.998 8,879,279 10.396,746 6,201,784 6,676,395 3.977,954Contributions:Number of returns ....................................... 4,063,854 212,932 584,056 1,098,572 1.080,459 529,145 428,387 130,303Amount....................................................... 8.810,428 202,252 712,866 1,534,082 1,834,167 1,129,948 1.333,490 2,063,623Taxable income:Number of returns ........................................... 9,963,903 2,116,587 2,882,743 2,335,755 1,442,698 593,184 456,051 136,885Amount ........................................................... 285,553,138 6,832,642 32,833,016 56,986,615 57,485,082 34,455,107 42,777,946 54,182,730Total tax liability:'Number of returns................................... 10,339,804 2,459,903 2,904,036 2,342,805 1,445,158 593,994 456,797 137,111Amount ........................................................... 63,907,920 1,543,425 5,391,903 9.936,642 10,804,247 7,363,931 10,730,571 18,137,201Earned income credit:Number of returns........................................... 2,173,191 1,582,614 590,577 - - - -Amount........................................................... 2.299,819 1,923,973 375,845 - -Excess earned income credit: 3Number of returns ....................................... 1,862,010 1,535,631 326,379 - -Amount ....................................................... 1,882,977 1,691,292 191,684 - - - - -Overpayment:Number of returns........................................... 8.925,605 3,775,642 2,191,672 1,512,003 882,967 319,664 204,185 39,472Amount........................................................... 11,035,973 3,021,710 1,939,435 2,035,189 1,743,618 845,248 863,581 587,192Tax due at time of filing:Number of returns........................................... 3,388,811 791,177 810,114 764,925 503,508 243,434 207,903 67,750Amount..............................6,663,216 360,531 694,477 1,007,141 1,022,878 726,270 1,214,970 1,636,949See notes following Table 21. ** ........125

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross IncomeState and ItemAli returnsUnder$15,0001$15,000under$30,000$30,000under$50,0100$50,000under$75,000$75,000under$100,000$1100,001)under$200,000$200,000or moreCOLORADONumber of returns.............................................Number with paid preparer's signatureNumber of exemptions ......................................Adjusted gross income (less deficit).................Salaries and wages.,Number of returns .........................................Amount ..........................................................Interest income:Number of returns .........................................Amount ..........................................................Dividends:Number of returns .................................Amount ..........................................................Net capital gain (loss loss):Number of returns .........................................Amount ..........................................................Taxable pensions and annuities:Number of returns .........................................-Amount ..........................................................Unemployment compensation:Number of returns .........................................Amount ...........................................................Number of sole proprietorship returns...............Number of farm returns (Schedule F) ................Total itemized deductions:Number of returns .........................................Amount .........................................................Medical and dental expense:Number of returns.....................................Amount......................................................Taxes paid deductions:Number of returns.....................Amount......................................................Interest paid deductions:Number of returns.....................................Amount........... ; ..........................................Contributions:Number of returns.....................................Amount..................................... ; ................Taxable income:Number of returns.........................................Amount..........................................................Total tax liability.Number of returns.........................................Amount :................. ...............................Earned income credit:Number of returns.........................................Amount..........................................................Excess earned income credit: 3Number of returns .....................................Amount......................................................Overpayment:Number of returns...........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount.... : ......................................................See notes following Table 21.0)1,688,397817,6463,SB3,38755.892,6231,446,03642,570,0531,OD6,5311,910,229421,7211,155,483271,9972,559,691241,2142,978,52588,758244,643292,70127,918571,7557,918,08796,725487,925566,4262,364,091511,1313.592.285504,776660,7751,391,30937,634,6701,424,3558,136,012175,344173,633133,657127,4091,047,971963,818536,615965,465C2)621,831254,922860,4273,394.100496.32D3,498,937248,660323,02286,84812D.71351,320142,10557,036334,24127,39572,55578,4168,79033.730434,71120,744136,36831,09090,41123,392152,13520,76720,083339,4711,092AW370.676216,894108,862132,139104.713111,721443,131262,695121,31347,894L3)421,767195,816901,6769,181,616364,4827,332,557225,621285,29275,177139,36847,25999,45867,532740,31228,41579,25164,5106,51989.632879,71230,916117,27088,131178,29375,083372,W73,02579,721408,2034,855,446409,915794,97366,48241,49428,94415,687278,235206,099129,012103,295 1L4)M.341172,691834,015lZ526,557289,59110.248,412237,685296,84793,086166,62556,208176,79855,97836,261796,630- - - -606,920-20,35756,28266.9246,050171,1101,732,20028,73790,826170,336422,737156,547892,937150,304184,355319,4638,103,633319,5051,385,619----182,770192,746126,248155,491t5)191.897107.345576.OOD11,602,309176.8949,504,934168,134254,12082,124167,66650,011242,1969,40526,69944,2323.5158153,2261.963-5601ZI2844,431152,953565,495143.62~973,411142,328221,543191,7238,115,257191,7571,507,700-96,403139,45787,554167,617t6)67,87139,234209.1265,794,00562,300.4.554,59363,688143,15638,507109,81126,232200,96613.0397_245,3772,1706,44917,5661,2406ZO651,089,2242.8D883,51861,996325,15357,577472,64859,094124,48967,8204,265,42667,839'927,934--26,84955,31937,0441 16J 3Bt7)50.02434,730158,2626,569,01044,2524,473,05748,265213,65534,125174,56D29,144441,1039,223199,883-9243,02215,7731,22347,7631,068,2551,26311.42447,698397,67542,898455,76945,612146,45749,9735,153,31249,9991,307,317--16,97762,62227,637175,346 1ra14,67612.90845,8816,825,02712.1972,957,56314,478394,13811,854276,74011,8131,257,0632,145- - 55,161- - -923855,280SOB14,229760.4251294,08714,222395,1Z712,010272,44013,646184.12714,6566,048,79614,6641,995,577--3,60644,8797,807199.684126

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and flemAll returnsUnder$15.0001$15,000under$30,000$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200,000or more11)"2"3A41L5)"6CONNECTICUTNumber of returns..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total Itemized deductions:Number of returns ..........................................Amount..........................................................Medcal and dental expense:Number of returns......................................Amount......................................................Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:1,552,730716,8483,201.29267,654,7191,301,36852,708,2421,119,5692.239,807466,8671,780,718246,5722,984,659258,6102,902,407170,372666,306208,7482,685585,51510,634,39886,904664,746580,9854,388,811497,2944,341,213483,440184,987592,0462,278,101343,8052=,036280,241344,71499,608150.47342,518100,87971,552383,77041.086150,01044,14769530,662568,2251 8,T75191,07128,082131,14218.813211.964352,651151,041675,9367,779,788298,3325.997,495220,401329,95773,824178,04734,49051,81665.821634,01949,903206,72037,10447666,605849,28525,586203,58065,489270,00849,421278,455306,629150.276710,93712,047,283278,3989.926,420249,147336.29288,901226,38443,77899,08952,496650,92541,383163,90944,860535139,7481,638,30423,580131,428139,218538,537119,228751,364217,060114,664623,86013,205,435203,29511,241,169201.426284,95484,996226,71443,532150,34936,932535,52027,514103,07638.572429164,8562,324,66312,72869,295164,661881,813147,6111,070,80391,77448,604279,5227.859,177862946,683,20088,820153,82747,099148,19626,207137,27415,020257,2656,74125,67218,03119284,4531,6W,6623,69629,46384,397617,75675,432648,02473,38744,76822D.1 879,699,87166,9877,483.91572,008230,12848,998273,28935,173350,30912,432272,4493,23514,48018,45220971,6491,849.7842.24529,78071,613809,31762,958760,36127.78922,50889,82414.786,06424,2579,153,00827,526559,93423,441577,81520,8742,094,9434,357168,4595102,4397=14927,5421,898,47629410,12927,6251,M.23823,831620,240Number of returns.......................................541,14619,93257,460127,996156,74182.04169,98326,993Amount......................................................1,099.01715,27753,135129,383192,278134,888187,594386,462Taxable income:Number of returns..........................................1,340,696284,340342,293304,822216,52591,64973,29627,771Amount..........................................................48.390,474881,6394,412,7048,038,3109,179,9735,678.1497.345.77612,853.923Total tax liability:Number of returns ....................................1,359,943300,592344,679305,270216,62491,67773,32427,T77Amount..........................................................11,443,060169,352713,6451,405,1631,714,4001,217,0491.8Q'0004.381,451Earned income creditNumber of returns..........................................84,85647,11337,743---Amount..........................................................76,66864,26722,401-Excess earned income credit: -Number of returns......................................58,82244,90513,917-Amount ......................................................51,43944,5716,868-----Overpayment:Number of returns..........................................1,049,843331,136260,586215,651145,74953,65235,1717,898Amount ..........................................................1,384,011183,944226,983307,273295,327133,474135,251101,758Tax due at time of filing:Number of returns..........................................396,22997,99377,76478,85462,30033,54531,29114,482Amount .....................843,26138,18465,14796_686108,644 183,716150,25030D.634See notes following Table 21.127

Selected Historical and Other DataTable 2.-Individual Income and Tax Date by State and Size of Adjusted Gross Income, Tax Year 1993--Continued(Money amounts are in thousands of dollars]Size of adjusted gross IncomeState and RomAD returnsUnder$15,0001$15,000undar$30.000$30,000undsr$50,000$50'W0under$75,ODO$75,000under$iOl),000$1 00,0Wundar$200.000$200,000orrnore11At2lE3)4"U51t6)L71LS)DELAWARENumber of returns ..............................................Number wdh paid preparer's signature...........Number of exemptions.......................................Adjusted gross Income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ................................Amount..........................................................Dividends:Number of returns ..........................................Amount .........................................................Not capkW gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuides:Number of retims ..........................................Amount............................... . .....Unemployment compensation:Number of returns ..........................................Armunt..........................................................Number ol sole proprietorship returns................Number of farm returns (Schedule F) .................Total Itemized dedictions:Number of returns..........................................Amount ..........................................................Medical ard dented expense:Number of return ......................................Amount.....................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount .....................................................Contributims:Number of returns......................................knount ................................ : .....................Taxable income:Number of returns..........................................Amount.................. .......................................Total fax fiabifiW.Number of returns..........................................ASWUnt.........................................................Earned Income credit:Number of returns..........................................Amount............................................... :..........Excess earned income credit 3Number of returns......................................Amount.....................................................OverpaymentNumber of returns ..........................................Amount..........................................................Tax due at firne of filing:Number of returns ..........................................Amount........................................................See notes following Table 21.33D,809141,373712,37411,423,905285,4148,804.393192,531337,73688,882383,04i38,556348,75260.105749,0026,63971,70135,8302,622112,8821,605,63613,74990,012111,628549,70498,987695,748103,030215,738276,5727.566,141279.2671,572,62137,68738,27529,47229,479232.560241,44781,839130-064 A115,37839,848166=789,54092,637637,67643,85553J6615,90021,3385,8W10,06114,983__ 88,7237.19918,2488=7344,90759,9372,81026,1674,27610,7063,03817,94332M3,13063,470204,42866.18936,82323,94829,34223,45826,16789,81861,00717.2386,47581,99533,478173,6041,778,54770,3981,393,44340,89960.07715.40832,0716,03810,41716.483182,6457,06621.9397,57462614,82013D,l 574,39325,85714,47323,15511,91959,2711 Z36714,14279,887961,00379,837152,12913,7398,9336,0143,31262,00052,92117,49213,555 163.63031.244159,0302,497,30857,8582,043.52745,14659,04819,54342,1337,80621,57413,223184,M6,82118.2988,45462832.261322,3983,89617,2223ZO69".74428,930164,27429,03636,48763,4681,651,66163,487277,822----43,33553,35318,311201-8641,42621,222124,4232,512,82138,5892,106,40635,70848,27518,68343,5747,46832,5729.078147,6564=10,0666,12737733,582424,3591,85110,37933,530139,23830,919204.85931.83149,87041.3891,761,09641,391319,338-25.31640.73214,68322,76515,5467,63648,9481,326,54714,5911,104,94614.47025,8189,45428,4684,W25,2233,40665,3761.0582=2,49512114.687242,9204793,63014,66889,63813,413107,00814,30731.14615,537967,80315.539204,606--7,52915.1027,36716,55010,1505,70431,8071,308,5069,174963,5309,80934,9237,59751,1145,01759,1952,32256,1782527882,165869,965234,6372764,2649,95798,5258,63193,5589,71031,92410,1391,004.34510,141247,527--3,940IZ1455.33324,0922,6842.2418,3361.210,6372.197554,8642.6"55,8292,327164,3442,051189.71061024,4502170695482,66D191=442,4932,655101,4992,13748,8352,57349,0362=1,015,8062,683334.376--6226,1871,42526.441128

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross IncomeState and itemAll returnsUnder$15,0001$15,000under$3D,000$30.000under$50,000$50,000under$75,00D$75,000under$100.000$100,000under$200,ODO$200,000or moreW(2)t3)14JL6)M18JDISTRICT OF COLUMBIANumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions.......................................Adjusted gross income (loss deficit)...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns..........................................Amount..........................................................Not capital gain (loss loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount ..........................................................Unemployment compensation:Number of returns ..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ...........................................Amount..........................................................Medical and dental expense:Number of returns.......................................Amount......................................................Taxes paid deductions:Number of returns.......................................Amount......................................................Interest paid deductions:Number of returns.......................................Amount......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Excess earned income credit 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns ..........................................Amount ..........................................................Tax due at firne of filing:Number of returns ..........................................Amount ..........................................................See notes following Table 21.289,36212D,406560,50810,235,729244,2067,483,763136,367334,08252,495329,55628,730539,28546,521852,13715,16759,56531,91625391,9481,781,94423,224225,31790,207613,11361,213507,81984,602282,569237,6156,969,167237,4431,620,31451,00862,94441,38242,1722W.485247,36373,08D138,73997,42338,936164,063533,85977,251599,72627,18942,5218,32913,5373.70745,81611.17790,3577,26825,4639,468235,590152,5383,46395,2644,8448,3123.00535,8653,9445,72448,553170,09850,39030,90331,60940.08231,34236,47973,89968.11315,3937,162 191,49835,487186,6382,002,95679,9461,677,08034,19329,5798,18115,6743,4188,17414,274213,2415,23622,5586,3212817,944209.7299,12667,81717,37631,4959,24849,58916,35335,91189,0861,090,90587,030164,10619,39912,86110.0405,69367.95563,67921,76715,62452,38621,0791 W,2072,009,88746.0151,652,64132,76140,92510,81825.4014,76613,54010,136208,8921,5966,7975,5293625,750295,0256,72927,62525,49283,33416.70898,60724,00856,81852,0751,379,09252.088243,692----34,57346.33416,38619,112 123,65010,77048,7571,431,97720,5011,126,94619,30437,5759,04931,0684,89720,4065.476147,5316632.8963,8264319,179279,3092.56415,42019,0681W.55413,399100.54217,91843,91223,6571,026,31723.668210,914----13,99627,0348,50316,328 19,8384,61222,597844,8128,576650,3388,92626,6655,16426.2033,18920,4072.26670,4712179612,195279.176179,0437356,4509,15370,7346,96467,0858,62124,5129.813614,2419,822140,782----5,03313,0534,05411,47410,2805,93226,1741,380,1678,732961.2849,77644.6177,24561,2335,33067,2252,31082,6251587792,9936210.050293,7095087.92610.019126,5048,184116,2139.62735,87210,2531.032,71310,259267,542----4.15215,8254,62723,600 14,2873,39012,1022.032.0723.185815,7494,218112,1973,709156,4403,423363,71688239.019291091,584444.259372,592994.8154,255192,1003,705119,9174,13179.82D4,2781,655,8014,286562,375----87713,3262,15045.441129

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are In thousands of dollars]Size of adjusted gross incomeState and fternAJI returnsUnder$15,0001$15,000under$30,000$30,000urder$50,000$50,000under$75,000$75,000urider$100,000$100,000under$200,000$200,000or more(2)13)LQM(M(7)08FLORIDANumber of returns ..............................................Number with paid preparees signature...........Number of exemptions .......................................Adjusted gross income (loss deficil)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns :Amount ..........................................................*'*""**'* **'*'*'**6,282,1363,066,26213,840,309193,995,2955.037,648133,379,3393,337,86410,660,5461,457,5447,453,898959,05912,010,935.1,121,69214,184,9352,614,2991,158,5834,435,432.15,426,1451,996,04614,699,730929,5631.621,948353,535754,110211,089563,863319,4141.839,7181,675,757785,2993,817.15135,933,4931,367,11726,932,237853.695.1,760,423329.4441,001,516202,949333,858338,7723,687,5511.049,733540.8872,763,61740,788,862887,75031.037231727,5791,631,918303,7761,098,423193,599639,194234,6123,550,759547,809302,2451,619,75233,007,19646B,47524,907,539457,3811.268,849223,511958,505146,420852,329135,5622,579,822185,160112,724561,90515,818,418165,93811,366,606168,737675,18298,371574,34770,463676,51445,3251,022,840147,273110,202451,29019,565,059115,88311,735,777139,9641.113,96598,017966,86984,8161,587,15535,173949,89162,10556,322191,16233,456,12246,43912,700,21860,9452,588,26150,8902,lW,12749,7237,358,02112,634554,354Number of returns..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contritutions:Number of returns......................................Amount............................................. ;........Taxable income:Number of returns ..........................................Amount..........................................................Total lex liability:Number of returns ..........................................Amount..........................................................Earned Income creditNumber of returns..........................................Amount..........................................................Excess earned Income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount ...................... ...................................See notes following Table 21.362.0531,094.762869,14233,7201,523,00921,996,941405,5152,595,3251,42B,5084,134,9151,307,78910,014,3991,322,7133,450,1914,858,429131,851,0695,015.39929,539,064917,427967,982740,826738,431426D,6244,512,4771,542,2503,093,070404,129317,6718,835151.5582,256,78091,030915,245129,941361,891109.682730,80996,61692,5681,253,3694,136,6331,407,512843.288623,818775,105606,016664,1911,982,9291.504,283365,639164,459108,406345,631202,0596,779306,6803,165,086135,446749,405276,894437,451249,1201,315,960252,846319,1111,620,41118,328,2961,622,3D32,M,095293,609192,876135,81074,2401904.8421,064,058397,505315,734 165.724213,434162,1086,853411,9664,315,799109,097463,882387,120638,098362,1522,151,191362,642564,3061,044,56927,009,1931,044,9824,531,390----648,295789,403348,199423,3622726092:12695,9275,135336,3384,141,16949,358248,819324,723679,502306,369-2,138,926310,40762D,343546,48524.098,252546,7074,496,560--286,679494,179227,455449,6816,66924,24537,0952,165142,2102.217,04312,T7092,451138,872407,648129,1371,088,094134,322349,801184,74712,151,345184,8502,658,187--74,925186,91094,5353,42213,35036,9802,266123,0412,707,1376,87291.234120,486611,819108,1021,268,532116,764478,767146,88215,840,602147,0034,027,554--48,799233,52177.355.50"1435117.3021,69751,2163,193,92694234,28950,472998,50643,2271,320,88749,1161,025,29461,96630,286,74762,04210,036,990--14,155240,12531,562903.404-130

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued(Money amounts are in thousands of dollars]Size of adjusted gross incomeState and hentAli returnsUnder$15,0001$15,000under$30,000$3D,000under$50,000$50,000under$75,000$75,000under$100,000$100.000under$200,0DO$200,000or moreGEORGIANumber of returns ...............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit)...................Salaries and wages:Number of returns...........................................Amount...........................................................Interest income:Number of returns...........................................Amount...........................................................Dividends:Number of returns...........................................Amount ...........................................................Net capital gain (loss loss):Number of returns...........................................Amount..........................................................Taxable pensions and annuities:Number of returns...........................................Amount ..........................................................Unemployment compensation:Number of returns...........................................Amount ..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns...........................................Amount ..........................................................Medical and dental expense:Number of returns .......................................Amount......................................................Taxes paid deductions:Number of returns .......................................Amount......................................................Interest paid deductions:Number of returns .......................................Amount......................................................Contributions:Number of returns .......................................Amount......................................................Taxable income:Number of returns ...........................................Amount...........................................................Total tax liability:Number of returns ...........................................Amount...........................................................Earned income credit:Number of returns ...........................................Amount...........................................................Excess earned Income credit: 3Number of returns.......................................Amount.......................................................Overpayment:Number of returns...........................................Amount...........................................................Tax due at time of filing:Number of returns...........................................Amount...........................................................See notes following Table 21.W3,022,9381.488,8556,653,51094,470,3612.684,62275,846,7671,382,8722,545,353529,4171,569,963295,8143,011,109381,5224,358,989199,821382,799410,902",015904,38713,282,157160,391773.777896,6354,215,322792.4975,376,543807,1252,119,7252,367,35860,674,1112,426,47612,946.742549,650588,797446,024460,6072,171,3812,366,884717,8391,391,609 1L2)1,193.694534,0751,926.1827,714,8301,007,0247,310.630310,836389,35790,014115,08947,701172.76D91,452518,62972.957M,892124,90611,94246,727676,16126,884296,33443,17275,17332,014200,22930,25837,719564,2311,784,994623,430356,628371,579468,883363.439415,306959,143812.251157.699L31762,807369,0211,759,04916,878,345704,23014,306,285300,0"414,57483,962M,69945.50998,312106,6581,093,39363,524112,82992,8119,677142.4431,365,76952,516185,450139,989245,964114,248555,071118,785184,629758,7318,551,022758,2421,373,708178,071119,91382,58545,301595,588558,886169,625149,839L41531,172281,3811,398,43320,725,315493,20717.738,295330,097412,878115,076194.33757,748172,68188,4461,122,07541,90977,72987,9589,877266,9332,804.62051,303158,189265,755722,851237.1801,256,533236,222408,860529,64313,313,827529,9042,229,336----354,746421,818163,010202-865t5)304,684168,355911,31418,418,783287,16515,758,415245,700348,47111207%55,724238,46557,563861,05416,45733,94756,3466,776246,4923,207,82622,24980,465246,1091,005,546228,9611,408.812228,725485,504304,35012,790,3043D4,4172,329,998----178,053282,009117,2582 1_2 1 02L6)107,40960,634332,5809,164,080100,8787,601,38697,208193,44256,160142, 82731,426202,74519,976355,4523,"77,92621,7232,433100.9171.737.1174.92223,766100,819593,47992,7487Z7,22396,290264,101107,3336,631,185107.3681,416,895--48,274101,47764,475154,635"778,50953,691247,24010,295.95671,0727,507,95174,771288,42152,262262,90738,917485,55813,809299,3051,4104,12520,0512,16276,5381,877.1882,28220.81476,468706,45368,408755.94373,329296,46278,4357,869,36078,4731,977,484--29,454106,17342.162248,422 1B)24,66321,69878,71211,273,06321,0465,623,80524,216498,21120,313503,25418,7891,640,5883,618109,0821173527,1071,14824,3371,613,4752358.75824,323865,85620,938472.73123,516442,43124,6359,733,41924,6423,262,693--6.12384,27213,610351.040131

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 11993~--Contlnued[Money amounts are in thousands of dollars] -Size of adjusted gross ir=meState and itemAll returnsUnder$15.0001$15.000under$30,000$3D,000under$50.000$50,000underS75.000$75,000under$100,000$100,000under$200,000$200,000or more(1)124J3)L4)U57"CB)HAWAIINumber of returns................................................Number with paid preparer's signature...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns...........................................Amount ...........................................................Interest income:Number of returns...........................................Amount...........................................................Dividends:Number of returns...........................................Amount................... ......................................Not capital gain (less loss):Number of returns...........................................Amount..........................................................Taxable pensions and annuities:Number of returns : .......................................Amount...........................................................Unemployment compensation:Number of returns...........................................Amount...........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ...........................................Amount ..............................Medical and dental ....... expense:**'***** ***.........*Number of returns.......................................Amount.......................................................Taxes paid deductions:Number of returns .......................................Amount ......................................................Interest paid deductions:Number of returns .......................................Amount ......................................................Contributions:Number of returns .......................................Amount .......................................................Taxable income:Number of returns...........................................Amount ...........................................................Total tax liability:Number of returns...........................................Amount ...........................................................Earned income credt:Number of returns...........................................Amount...........................................................Excess earned income credit: 3Number of returns .......................................Amount ................. : ....................................Overpaymsnt:Number of returns...........................................Amount...........................................................Tax due at time of filing:Number of returns...........................................Amount..................................... ....................See notes following Table 21.556,041263,4901,173,22918.519,252474,64714,379,486385.896579,216124,184335,76260,976629,94587,875--1,217,301-39,622152,24678,6824,842175,5752,963,83427,234164,818173,429896,818136,9051,456,711156,392279,581469,69512,126.956479,4442,506,99839,58635,79227,59023,747361.858357,356157,471239,037184,79673.814246,744948,179142.3721,037,81791,57182,50022,49129,0919,86250,94519,620117,5279,32732,66120,5911,4709,426115,156-5.54324,9888,49714,0086,14757,4865,5905,582104,371367,151113,02169,04621,55725,15620,48920,144135,11074,08230,90212,323152,04067,137311.4483,322,243133,2612,729,32910D.08493,07822.79033,2849,47617,91323,901--273,980--12,67854,07216,6551,18725,457311,8738,61586,08524,84045,08517,5191211,35221,40226,539147,1221,815,397147,951289,10718,02910,6377,1013,603108,32782,66139.197Zkm107,29055.510271,6314,189,70196,7493,420,75088,487104,46027,74147,95712,60336,51019,993--316,126-10,57540,83516,785gn48,514582.7108,19428.10048,142142,42535,952300.76343,32756,978106.4782,695,867106,698460,967--64,45177,33138,47541,68066,29637,387200,2014,025,13661.2093,289,92461,33193.99724,67151,35811,79754.78814.149--266,382-5,45419,05712,90769649,272770,6573,66314,83849,121221,86840,537413,01345,70066,40466.1602,705,88966.192498,066-35,37860,18127,43347,14825.85915,22481,8302,204,03423,9761,781,67225,04552,93813,09433.0506,95452,2415,532113,4241,1884,0895,79624423.834477,1948554,82723,793155,13420,553249,88122.59538,53625,8351,530,69025,842321,993--11,55026,27812,36032,24115,67910,82048,7172,027,98413,8041,363,05915,33565,74310,17451,3727,363127,3183,74092,420-3751,4224,61318215,075-419.9343204,14715,047155,18912,868207,68614,06336,07615,6551,502,19115,664375,179-5,98223.8607,29142,1694,0793,59812.6581,801,9753,276756,9354,04386,4993,22389,6502.921290,232940- - 37,44325ill1,335903,997.286.311441.8343,989163,1093,32999.5303,71549,4674,0741,509,7704,076492,650-1,06012,9641,81336.503132

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$3D,000$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$2D0,00D$2DO,000or moreW(2)13)14)(5)L6)L7)IDAHONumber of relums ..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total iternized deductions:Number of returns ..........................................Amount ..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned income credtNumber of returns..........................................Amount ..........................................................Excess earned income credit: 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time Of filing:Number of returns ..........................................Amount.......................... ..............................See notes following Table 21.468,361237,8221,136,94413,271,689393,8809,695,622258,412538,02691,809239,63773,03066D,58167,732692,68253,329127,39882,23921,325131,4481,793,23227,202181,891129,613590,615113,140641,776111,720285,823365,8668,173.932379,3191,719,48364,26464,53449.03547,377288,676243,2811149,203276.303190,13980,711308,9301,094,019150,3581,02D.29874,665102,93520,74527.33116.41946,37420.281113,16417,58137.44324,0516,6888,830102,6366,11931,7787,83927,1145,61127,9495,4178,14394,221278,165106,16159,06439,23148,86137,57540,921135,84183,39835.6D413,926121.70862,77732D,2742,645,268103,3962,027,70862,531105,10719,13234,10115,96754,78420,616207,45619,91350,16521,8395,61022,830279,5309,072111,04322,32438,88218,26979,30517,67929,681115,4821,237.258116,935209,31925.03315,67311,4606,45676,55757,97640,50935,506 A89,70951,148282,8593,488,41780,8812,811,76062,22693,61121,32637.60716,08776,29314,992182,56712,06829.69419.7054,95243,853438,8608,36724,36343,627118,61439,039185,39737,11970,83889,4172,140,28489.462360,125--47,81245,19338,83453,39243,78326,171147,5202,621,14539,8662,OT7,22737,23870,53416,74832,09912,15484,2937,888112,0023,1308,0539,8132,52534,656434,6572,91210,09534.587146,95631,731176,34931,43370,91943,7491,796,00043,754329,949--21,31329,11920,72948,819 111,9437,74539,8411,016,52510.499717,96711,04335,8548,44417,5775,18756,2932,10735.8214251,3383,20269710,852100.8145132,66110,83068,6729,74567,63010,21229,47311,93373928511,935164,202--4,2298,9476,96730,1938,3586,73928,6061,102,1946.781595,0568,03454,0935,33828,6515,071109,3311,44230,1611886312,6986127,857182,4332041.6657,84280,1016,67662,6927,40732,7438,345855,3268,352221,822--2,3619,8414,99145,8192,7212,5318,9141,304,1212,099445,6052,67575,8922,07862,2722.145233.21340811,51118759312412,570174,302152862,564110,2752,06942,4532,45344,0272,7191,127,6162,720375,002--5638.8071,56948.649133

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and iternAll returnsUnder$15,0001$15,000under$3D,000$30.ODOunder$50,600$5D,000 1 $75,000under $75,0001 urder sioo,ooo$100,000under$200,OOD$200,000or moreILUNOISD)0t3)U4)(5) 1 (6)MNumber of returns..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (loss deficit)....................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns...........................................Amount..........................................................Net capital gain (loss loss):Number of returns..........................................Amount.................................... .....................Taxable pensions and annuities:Number of returns..........................................Amount..........................................................-Unemployment compensation:-Number of returns..........................................Amount 1 ..................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total fternized deductions:Number of returns..........................................Amount ..........................................................Medcal and dental expense:Number of returns..................... :................Amount......................................................Taxes paid dedictions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount....................................... P ...............Contributims:Number of returns......................................Amount......................................................Taxable income: .INumber of returns ..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credtNumber of returns..........................................Amount.........................................................Excess earned income credit: 3Number of returns ................Amount......................................................Overpaymen t:Number of returns..........................................Amount ..........................................................Tax due,at time of filing:Number of returns ...........................................Amount............................................. I...........See notes following Table 21.5.308,7012,673,92511.704.474186,987.9044,533,499143,9G4,9503,246,2486,912,8701.308,7354,229,488SB2,2287,800,57482SR787,977,131389,9191,393,628643,83983,1831,507,41222,122,940- -241,3761,692,6101.496,4927,297,4161,2S4,1896,991,5311,375,4003,161,6564,315,476128,631,3374,387,07228,529,617620,805623,879496.332480,8203,706,3164,207,8921.247,0312,457,1601,935,90786D.0382,910,83411,851,3501,497,0279,968,230835,5511,183,797275,420381,441118.402398,316254,9871,301,681111,810352,573167,43119,82480,2991,306,55551,432626,49974.647274,37043,579267,22252,57754,956988,0822,983.9701,06D,802570,919406,243487,756397.353432,2341.450,2711,003.614291,342108,4751,271,741628,4892,785,79227,785,1151,097,50222,183,445689,0891,162,280228,167477,443109,443209,419227,0982,088,113114,668449,5481 Z7,62319,431194,8301,973,39173,304446,216191,948458,796143,591681,733164,723208,8071,230,79514,858,1181,M.0072,397,347214,562136,12398,97954,586963,195879,756256,716209,215552,4462,654,78240,034"937.03833,669,501747,0011,119,973272,388597,257135,908370,329165,6051,868,94796,853355,190143.71821,838405,1574,23D,49269,522338,798403,6591,177,193351,9911,871,909366,474502,9381,017,89926,623,7171,018,3154.544,205----711,213935,411271,009344,965838,587354,61711,945,M38,512,98D597,79632,826.098554,69790D.276251,544571,608127,106527,041104,8461,339,30250,213175,363105,85913,496431,9005,377,38833,453155,723431.2941,719,354394,9492,465,544408,330675,904635,97427,533,921636,1025,128,086----392,557691,889217,981410,477 1224,402125,729707,80819,139,689209,94115,857,22D209,093463,71112D,995355,64767,959438.00737,432569,49611,03239,52942,4434,195191,3043,098,5908,67854,951191,1381,031,151174,2081,332,017184,906406,450224,24114,306,941224.2843,102,529----110.547246,827101,223297.587161,7801 D4,424515,50921,236,138M,82615,534,976154,909643,G45112,125607.06280.2761,041,37827,563529,9374,78218,86240,1143.1 8D149,3413,298,1684,38551,156149,2501,207,421130,8351,390,372M,070493,159161,64616,761,118161,6974,245,169----64,803240,092.79,566436,77656.88548,182184,46928,427.68548,36913,865,48155,9081,439,78848,0961,249,03143,2344,818,0848.747279,6555812,56216,6511,21954,6812,840,35760219,26754,5561,419,13245,036982.73553,320819.44256,83925,563,55256,8658,571,362----13,730210,30329,214659,665.134

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are In thousands of dollars]Size of adjusted gross IncomeState and DamAD returnsUnderMAW$15,000under$30,000$30,000under$60,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200,000or moreD)L21U3(4)15)E61M08)INDIANANumber of returns...............................................Number with paid prepairer's signature ...........Number of exemptions.......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns...........................................Amount..........................................................Interestinoome:Number of returns...........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Net capital gain (loss loss):Number of returns ..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns.......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns .................................Amount..........................................................Excess earned incorne credit 3Number of returns.......................................Amount......................................................OverpaymentNumber of returns ..........................................Amount ..........................................................Tax due at time of Ming:Number of returns ..........................................Amount ..........................................................See notes following Table 21.2,548,8151,256,0115,643,49078,734,4122,207,97162,230,8641,459,502,518,685483.0571,269.905262,4861,982,580412,9463,595,52B150,517282,299321,39762,999605,2337,449,07085,631551,545601,6242,555,023522,1822,821,871523,2131,215,62B2,063,32452,513,1382,103,35810,882,796281,929280,074214,156206.1221,873,3971,920,49D534.659948.166975,335421,5711,421,1636,148.663773,4685,053,464391,955515,454104,801126,73150,541129,117145,467783,52342,13590,51684,78315,79128,316356,68719,122155,02326,33863,58614,34479.70717,22423,712505,5861,542,9675",246288,586174,823212,307170,383184,639769,766488,482124,17246.151621,642305.7181,395,78713,498,583542,37610,851.922317,722524,08990,737165,30749,230100,818117,2531,083,96242,52987,94672,45515.00375,590689,88227,548180,13174,700140,21556,103222,24958,09387,129606,9247.149,392608,2481,151,7711 U7,10667.76743,77323,482481,981442,356118,37798,201507,359270,4491,421,47019,951.467474,26017,234,844354.988454.843106,238186,55156,226166,96079,581816,37740,33769,56479,27916,356177,4151,687,73525,143143,806176,926474,313157.705701,571149.067225,335506,51313,221,294506,5242,197,509----366,976463..953125,537152.6"292,015159,838912,81717,549,454277,99015,311,795250,197336,02895,534174,77848,261200,80445,575508,99620.11027,45149,27310,226188,5442,068,79310,56744,826188,358718,326174,699884,824169,990298,049291,89412,766,938291,9172.338,876----188,95032D.43193,815171,07186,36849,236277,5457,339,37681,3886,094,61380,585158.47841,062102,02622,696143,21013,852188,7364.2764,85716,6703.03473,3761,023.2932,22813,29773,339384,89767,196403,41669,449161.52286,3435,604,60186,3461,215,862----43,32291,09938,771114,23949.86634,665161,3586,477,65644,4524,314,88948,052198,74531,587176,69123,481273,5118,606154,"l1,0711,77913,7571,87446.312898,71692311,13546,287365,42839,763328,68844,189167,55749,8425,206,48949,8501,331,656----18,70068,47025,267159,51216,23D14,53453,3507,769.21314,0373,369,33616,OOB331,04813,098337,82112,051968,1602,61259,490561865,18071515,68D723,9651003,32615,676408,25812,3722011,41715,201252,32416,2227,021,45716,2272,358,535----3,70245,8998,720208.447135

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are In thousands of dollars]Size of adjusted gross IncomeState and RemAD returnsUnder$15.0001$15.000under$30,000$30,000under$50,000$50,000under$75,000$75.0Wunder$100,000$100,000under$200,000$200,000or moreIOWANumber of returns..............................................Number with paid preparees signature...........Number of exemptions.......................................Adlusted gross Income Qess deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest Income:Number of returns..........................................Amount..........................................................DWends:Number of returns................................Amount..........................................................Not capital gain (loss loss):Number of returns..........................................Amount..........................................................Taxable pensions and annuides:Number of returns..........................................Amount ..........................................................--Unemployment compensation:- --- -Number of returns...........................................Amount ..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total Itemized deductions:Number of returns ..........................................Amount ..........................................................Medical and dental expense:Number of returns......................................Amount......................................................Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount ......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable Income:Number of reburns..........................................Amount ..........................................................Total tax liability:Number of returns ..........................................Amount ..........................................................Earned income credt:Number of returns ..........................................Amount..........................................................Excess earned income credt 3Number of returns......................................Amount......................................................OverpaymentNumber of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount..........................................................See notes following Table 21.D)1,256,442799,0912,818,80135,719,3211,033,69726,628,032840,2551,745,924315.772697,949N2,4581,208,691190,6831,521,68893,228217,324183,24896.599321,3564,216,26875,210740.282314,9971,553,542241,4131.111.973285,903574,7201,026,00622,876.2851.055,7484,648,062116,687111,35584,08776,510800,051691,131360,942591,028L21497,519279,065700,5302.974,908372,2112X7.437260,628365,43276,70881,31847,44191,28263,592303.10427,51966,16750,43030.99824,864564,40621,027467,18620.88229,8107,75227,84517,16720,788277,445799,484305,325159,49767,92981,50365,22566,529345,335189,28797,53835,271L3)319,352208,206752,8066,944,592263,9505,125.452202,7774CF7,38869,269112,47348,064139,30058,589484,90032,39877,96145,76928,09150.895467,59826,631150,24349,15198,36729,28993.96241,66357,06D309,5023,571,422311,412600,39348,75829,85218,8629,981214,223175,17687,57587,758t4l249,766176.718738,6529,751,625225.5607=659199.220343,17774,134121,85545,895171,83138,437357,80124,07154,30D47,5632Z94995,758908,61119,43280,06995,290338,92878,002293,83684,716111,323249,341,6.322,524249,2861,066,092----150,275158,49288,719138,545IS)129,07590.000420,5147,722.394118.7076.257,096118,577241,82256,032107,15731,8"160.06219,619209,9677,97015.7.9924,23010,05493,1681,035,1146,52829,51693,043440,32981,176354,83287,497137,587129,0095,522,692129,0071,019,003--68,34296,43554,800127.2066"33,53923,192110.2092,844,42930,0592,113.28632,357105,68619,52260.50712,62793,5305,55771,9349582,2107.3652,41630,424451,0311.1216,73530,404207,81325,191139,00329,38766,87233,5262,130,26633,531470,174--13,05125,71418,05966,232 1020,92816.24269.1852,745,00517.8261,670.62320,477123,63014,83690,92011,759156,0963,78667,176._2898486,0771,63720.085432,7554305,39320,074219.41115,414119,63919,48078,40720,9232.159,64920,925556,575--7,12726,59611.03274.577t8i62635,66820.9052,736,3675,3841,220,4796,219158,7895271123,7184,828396,5901,10326.807 J23781,8144546,162356,753411,1396.153218.8844,58982,8566.003102,6836,2602,370,2486.262776,327--1,69819,4293,21961.439136

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars)Size of adjusted gross IncomeState and KomAll returnsUnder$15,0001$15,000under$30,000$30,000urider$50,000$50,000under$75,000$75,000under$100,000$100,WOunder$200,000$200,000or moreIIIL21(31141Mt6At7lto)KANSASNumber of returns...............................................Number with paid preparees signature...........Number of exemptions.......................................Adlusted gross income (loss deficit) ...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest income:Number of returns...........................................Amount ..........................................................DivWends:Number of returns...........................................Amount..........................................................Not capital gain (loss loss):Number of returns..........................................Amount..........................................................Taxable pensions and annuities:Number of returns..........................................Amount..........................................................Unernployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total iternized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Nurnber of returns......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Arnount. .....................................................Interest paid deductions:Number of returns ......................................Amount .....................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Excess earned income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at lime of fling:Number of returns..........................................Amount..........................................................See notes following Table 2 1.1,108.625639,8092,529,46234,461,922933,31026,081,217679,0291,441,695255,309700,559160,5301.169.122169,7701,579,19573,375193,346170,13164,136291,5803,975,24764,225454,074297,2251.379,255237.3921,311,982257,382646,440902,56222,559,262925,2564.749,185116,422112.07886,60880,773721,727677,7613U7,073552,10242D,989213,251616,9142,531,984325,8812,164,824188,682274,51454,45665.57133,09565,11949,092248,73123,47858,74343,48019,29317,93422D.92714.506133,92115,19623,5437,52237,03811,23715.405224,792667,081246,432132,23868,9508Z98866,54970,13D303,945181,44473,00927,210277,612161,903663,6256.040,905235.1934,653,534153,915294,92549,95485,45432,34370,26949,841448,71723,58363,74840,07117,07240,106458,31719,768193,81738,99B70,47727,285104,03732,11 So51,299268,3813,068,133269,394SM43547,47229,09020,05910'W192,276159,78271,965n3l218,709137,496631,9228,544,855197,9656,969,392162.200265,15959,245103,47835,258103,31237,098398,52917,51046,28942,50115,50182.753791,13718,81973,75882,399224,99770,225312,11972,252114,7612182105,555,844218,206936,373----133,139145,21776,163107 1_92121,98477,590390,1207,343,009112.6466,041,226107,772193,45848,55096,03127,724112,74821,394269,7056,97619,22325,2147,91986,6961,002,6778,62134,57086,582350,29777,991404,87580,219147,800121,9065,244.453121,917969.737----65,68497,31950,776108AS36,76523.831119,2683,128,29833,4622,433,18834,75592,99219,95757,82512,60775,5616,655102,3041,2913,6558,4892,18932,855502,9961,6989,47432.826196,89828,877183,55531,40779,57536,7462,332,91936,753511,426----15,84632,28018,43D64,10524,80518,67881,7713,246,45921,4802,119,95424,026123,09416,71296,42913,401148,8654,50482.3674851,4477,6091,61223,643531,1647446,86923,628233,94019,511197,98722,75192,67824,7892,543,33024,794651,609----8,80734,17612,82887,5477J617,06025,8423,626,4116,6831,699,0997,679197,5536,435195,T716,102593,2481,18628,842522412,7675507,603468,030691,6687,598279,1025,981102,3747,3561 ",9227,7583,147,5017,7601,039,366----2,03027,5423,96792.348137

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts am in thousands of dollars]Size of adjusted gross incomeStale and RomAli returnsUnder$115,600 1$15.000under$30,000$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200,000or moreKENTUCKYNumber of returns..... :................ : .......................Number with paid preparers signature...........Number of exemptions .......................................Adjusted gross Income (loss deficit)...................Salades and wages:Number of returns ..........................................Amount ..... 7 ....................................................Interest Income:Number of returns .............................Amount ..........................................................Dividends:Number of returns ..........................................Amount ..........................................................Not capital gain (loss loss):Number of returns ............................ Ị .............Amount........................................ ;.................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................--Unemployment compensation:Number of returns.......................... :~..............Amount...........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total Itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns-...................................Amount......................................... ; ............Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount............... b ......................................Contributions:Number of returns .................................Amount......................................................Taxable income:Number of returns................................Amount..........................................................Total tax liability:Number of returns...........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned Income credit: 3Number of returns ......................................Amount ......................................................OverpaymentINumber of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount.....................................................See notes following Table 21.M1,549,407882,3863,453,29043,119,2271,325,12733,609,935773,6591,43D,801247,260743,550147.7781,161,248229,1882,200,165144289299,084214,24786,583383,1534,901,05663,758437,652379,5251,832,6591,582,316337,416762,7731.1910627,168,2521,242,0505,602,738230.984229,824181,516170,6481,108,2491,073,101348,88955-9793t2)661,551344,1691.077,3484,347,451523,0483,627,73021137213 3:78252,30969,24430,58768,11177,045425.61944,32595,55773,72329,39221,529365,0765,063242,82119,32228,70511,06159,07217,990314291993,448363,382203,788153,601181.294149,086153,497613,333350,73592,64037,782 1Q)389,632225,02D914,25D8.429,664340.2376,769,669.183230298,70647.76284,55928,96373,01668,057677.74248,541104,79051,50922,79859,667536,23422,01388,66958,747122,3Z743,866159,60148,11967,121379,5564,232,47531313,990693,40377,38348,53032,43017,150.207,621256,76D88,47072,724L4)2130,775173.32878D.87810,930,818260,6479,307,345.197031252:96055,6321 D4.70831,554107,75346,118532,49536,25169.17744.72620,073122,2381,137,14618,65964,62012i,896379.235104,600422,167106,734159,998~80.2987,102,791280,3401,174,107--192,220225,86779,46793,707 1L5)142,95587,708443,1038,572,737134,5917,289,073119.753185,04947,388101,80724,953123,18924.89932721112,65623,47525,0879,618109.4921,263,3526,22824,952109,376511,86597,667455,903101,528190,550142,8676,094,128142,8771,107,324--86,346137,99850,91294,368 1(Q)39,64324,696125,5783,366,37936,6412,670,10536,43884,12019.83763,10811,78988,5687,148V13,4421.8653,9888,48D2,28836,486562,2121,1817,88336,460240,63831,663189,81434,76089,59739,6202,499,78839,622544,057--17,70437,54319,38859,139L7125,74819,14782,7863.393.81522,3532,138,32024,523115,34317,003113,05813.075173,9544,57290,7835911,8557,6251,60624,803540,9105426,15224,791249,69520.010173,70523,63196,44325,7382.668,68325,741688,475--8,88034,92213,24288,701 1(8)9,1038,31829,3474,078,3627,6101,807,6938,963180,8417,329207,0676,857526,6561,34932,873602423,097SOB8,938496,125722,5558,933300.1956,765122,05481598141,0679.096.3,576,9396,0981.191,584--2,14529,2754,770113,373138

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and RomAll returnsUnder$15,0001$15,000under$30,000$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200,000or more(1)L21t3l14At5)&)EDMLOUISIANANumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount ..........................................................Interest income:Number of returns ..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Net capital gain (loss loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned income credit 3Number of returns ......................................Amount......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount .............................See notes following Table 21.1,699,646793,0443,998,33846,472,0021,477,58036,472,800752.4311,376,203266,664738,202154,5791.139,244224,8762.429,418107,132237,354223,26525,319287,5993,633,31369,546426,8212T7,559673,429239,3171,457,990257,748721,7211,236,92829,848.9701,279,0746,345,386401,001430,509338,058348,5051,233,4371,306.176371,606670,875768,233320,9871,377,9364,825,740638,6354,537,876200,887245,50556,81073,89130,14145,7T767,157408,00144.81291.95275,2177,56716,622235,20910,956142,05412,58110.1489,12848,31310,43513,60432D,38994,823362,487197.561291,886358,289286,65032D.36162D.725556,07290,59337,447416,849190,1581,048,7888,963,296367,2377,382,088174,530246.38650,37390,93827,29547,27965,245695,46433,31477.61950,7245,77945,241408,31621,27695,96641,92427,94032,315141,60837,77863,622402,6404,324,352402,658696,777109.11572,21951,40828,143313,593296,12690,78873-088277,757141.007805,53410,827,850256,0969.211,590175,675228,55557,939105,10731,17779,75246,642588,77920,22046,68444,4545,71778,588801.82222,785119,91276,78485,35366,363325,96570.486135,6592T7,2237,097,488277,2361,176,337----183,271213,30385,867101,933 1149,88081,489481,1159,012,139139,8267,632,110121,200183,49550,946105,78027.745107.19728,662403.0456,99016,69727,9033,64779.078865,79210,89541.65278,443139,55371,956406,98974,049172,106149,7976,623,780149.8061,226,793----84.954133,68158,751109,370 145,15926,837148,0983,842,62641,1753,042,52740,54193,54722,10266,88413,60186,6039,321156,9211,3163.09410,2481,18832,757441,3052,34712,26732,62887,66329,878199,63331,27892,15145,1332,990,85145,132668,499----18,89238,88823,27473,40530,62322,338100,1724,030,89025,7602,506,22228,714139,86719,593111,53816,026198,0216,126131.1434331,22710,11996125,148454,2061.14111,08325,060118,54921,686193,66023,983101.35530,6083,328,02730,612868,780----9,63637,1171 i,531118.61911,14510,23036,6954,969,4608,8512,160,38910,884238,8488,901184,0648.594574,6161.72346,066471104,60046D10,165426,6621463,88810,139204,2247,991141,8219,739143,32511,1384,534,64711,1431,520,637----2,36630,9905,802167.013139

Selected Historical and Other DataTable 2.-Individual Income and Tax Databy State and Size of Adjusted Gross Income, Tax Year 1993--continued[money amounts are in thousands of dollars]Size of adjusted gross IncomeState and fternAll returnsUnder$15,OOD I$15.000under$30,000$30.000under$50,000$50,000under$75,000$75,000under$100,000$100.ODOunder$200,000$2DO.000or moreMAINENumber of returns.... : .........................................Number with paid preparaes signabire...........Number of exemptions .......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest Income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annurdes: .Number of returns ..........................................Amount .... ...... .....IUnemployment compensation: .Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total Itemized deductions:Number of returns .......................... I...............Amount...........................................................Medical and dental expense:Number of returns......................................Amount......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions: .Number of returns.......................................Amount ......................................................Taxable Income:Number of returns............................. ** ...........Amount...........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned Income creditNumber of returns..........................................Amount ..........................................................Excess earned income credit. 3Number of returns ....................... ..............Amount ......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of Ming:Number of returns..........................................Amount ....................... oomoomam*aamo~o*wv*~*Iom*wbom~oseemSee notes following Table 21.548.592234,3481,179,56515,159,536463,30511,532,577346,373545,518108,921368,18260,537456.067$2,050SM;151--63,683167,44797,8384,602143,9841,867,8"25,117125,687142,732760,174.123,680702,474125,0911 95.594441,0549,463,502455,9641,895,54358,02354,69142.12736,095383,392349,915130,54818-3393L2122D.09676,807314,4271,378,22D171,1761,115,76398,322105,67525,97538,60413,05020.56725.240144~378-27,34071,1483ZB891,6688,74296,9145,53939.5098,06017,9985,74628,8165,2344,250116,767370,25513D,74576,32235,20140,67833,31631,580163,04592,33936.6W15,085(3)145,49761,693327,5323,158,629125,0042,446,27889,746116,37024,42653,74812,88234,04625,61720,35555,41625,5941,14223,856215,1718.61138,09123.50857,80719,17985,64818.97216,842141,7041,634,016142,589271,38522,82214,1138,8114,514105,20086,89634,88130,050 1U41 07.13052,787299,5754,161.18598,2673,"6,55286,398105,01025,09263,02313,43951,19717,524--222,871-12,37431,41022.21092747.496471,2847,56526,75047.325161,93142,323210,05741,69339,924108,8272,670,138106,833444,252----72,31281,04631,0013-7324"551,72227,042161,1333,089,01947,9582,561,02448,23775,94918,54358,95110,09060,9739.179---132,868-3,0627,89210,39950140,670494,7622,65512.78040,632207,09836,879203,74937,91745,24251,6462,161,76451,662390,228----32,65652,14716,89531,174L6112,8087,28640,4621,086,61911,46a812.67312,47035,5426,77334,0754,34242,6182,42042,268-4021,1223,15211712,085203,3614823.74312,07691,24910,47973,23211,51220,03512,797791,45412,797172,823----6,13114,0065,714_18147JL7)8,6296,31427,7281,134,5717,221674,2608,49749,2455,87555,5134,66982,9511,610----33,4981313882,7621028,458208,2862373,6608,454106,1706,90766,1438,14926,3418,616866,5408,620222,250----3,31613,7544,03725-963"a2,7102,4198,7091,151,2922,211476,0262,70357,728223764,2672.065163,71546D-12,985---is71832452,677178,067281,1532,677117,9212.06734.8292,61442,9612,707969,3432,708318,283----7329,7271,37026.650140

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars]Size of aclusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,00D$30,000under$50,0W$50,000under$75,OOD$75,000under$100,000$100,000under$200,000$200.W0or more(1)(2)L31J41ML61MARYLANDNumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions.......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest income:Number of returns..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Net capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuilies:Number of returns ..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount ..........................................................Medical and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount ......................................................Interest paid deductions:Number of returns ......................................Amount ......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable income:Number of returns ..........................................Amount ..........................................................Total tax liability:Number of returns ..........................................Amount ..........................................................Earned income credit:Number of returns ..........................................Amount ..........................................................Excess eamed income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns ..........................................Amount ..........................................................Tax due at time of filing:Number of returns ..........................................Amount ..........................................................See notes following Table 21.2,306,6491,006,96D4,929,00886,119,6221,992.95668,480,9961,415,2512,522,852536.9201,644,055276,1692,494,885365,3455,335,968147,593467,608299,11412,483951,61216,022,344141,957877,957943,3966,015,368807,163 -6,694,268873,6551,868,6881,956,67856,345,0691,980,03211,904,130250,520251,623191,002185,8501,614,3161,881,621579,416941,596 1732,606278,2391,010.1384.202,348575,9844,008,313299,260344,63195,013131,41140,545163,20682,496522,19144,898145,92568,9763.35943,444531,12024.031184,87139,36886.21627,056200,54228,44729.218404,0621,259,694428,360238,789150,149197,316145,956161,663552.840382,652123,70151,950568,296237,8481,172,89712,453.299495,79510,199,828283.216343,21678,158158,16635.65263,47291,9571,086,05544,332144,44455,5882,565131,8991,667,31244,899352,736129,476418,07098,133628,649112,869153,62155D.0686,620,432548,7221.038,591100,37164,30745,04624,187434,356397,280119,03589,352451.535212,9891,080,75117,704.630408.71114,76D.959329,224395,605107,964224,39450,305125,75181,1861,317,06932,47097.80864.7262.S23265.8003,146.31743.075164,460265,6521,009,903226.4091,414,524243,616362,690449,03111,216,079449,2761.900,433----315,081413,169123,398133J94304,180146,686882,13818,509,507281,76515,628,023265,241374,183110,839247,49553,603190,63360,2221.190,88418,77756,61463,4111.918264,4373.980,46920,82395.982264,0481,470,914235,5761.780,179250.645443,746303,74512,325,641303,8202.240,638----195,183334,75798,686148,611131,79661,256408,56311,284,870123.6979.558.227123,458229,05264,243173,87634,469179.50426,210582,3114,85015,11825,5418001 Z7.8252,507,6466,00740,082127,727988,065115,6911,081,1W123,859284,108131,6617,834.313131.6941,635,602----68,687144.21157,533121-09495.52951,2353W.36412,324,94987,7509.456,68092.422328,98661,829305,94744,179465,75419,464504.6542,0838.98623,79888694,6382,571,7332.83530,75394,5671,110,30484,6611,071,64292,193294,66995,4399,095,59795.4702.232.498----41,644137.39245,975193L25J I22,7U718.80774,1579,640,02019,2544,868,97022,430507,17918,874402,76617,4161,305,5653.808132,8031837147,07643222,5711,617,7472979,07322,558931.89719,637519,63122,02630D,63622,6727,993,44322,6902,617,679----6,52582,16D11,0882W.644141

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--continued(Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAll returnsUnder$15.0001$15,000under$30,000$30,000under$50,000$50,000under$75,000$75,000urider$100,000$100,000under$200,000$200,000or moreL2)Q(4)L5)J6)t7)AMMASSACHUSETTSNumber of returns..............................................Number with paid preparers signature...........Number of exemptions .......................................Adjusted gross income (loss deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest Income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ....................... : ..................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns .......................................- -Amount.................. - ......................................Unemployment compensation: .Number of returns ..........................................Amount...........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns ..........................................Amount.......... ...............................................Medical and dental expense:Number of returns......................................Amount......................................................Taxes paid decItictions:Number of returns.................................'Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions: 'Number of returns ......................................Amount.................................. ...................Taxable income:Number of returns.......... : ...............................Amount ...................................... ...................Total tax liability:Number of returns..........................................Amount ...........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Excess earned income credit INumber of returns ......................................Amount ......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount ..........................................................See notes following Table 21.2,783.5351,357,5085,650.639101,964,6112,358.17679.466.i891,957.0283,354.714691.1512,364.440367,3214,487,237433,4844,520.277.266,7101,027,426402,0813,734973,30515,820,524161,425969,347965,6566,614,647811.9306,168.548899,2711,587,5682,367,60270,383,6762,412,98715,513,521179.203167.088127,388113,149.1,908,8792.1 8~.220698,6131,312,5669Z7,156390,0951,189,9484,657,919682,8354,566,854480,1 so560,985148,221208,37063,566245,314132,393750,17073,777227,658102,4261,10456,348961,07335,411378,83852,169270,40235.025244,11737,14628,614534,3111,734,805574,177339,737103,949121,5Z798,54498.446655,012362.241175.81373,174 1700,263321,2851,330,57315,380,128602,10012,164,927.450,827555.697121,980240.20454,90891.183124,0771,273.02379,653327.12479,972746130,0331,315,90551,289216,7731211,064385,25197,174521,140113.22599,865680,6588,775.211685,3391,420,87875,25445.56128,84414,703524,428438,522151,511124,716547,861291,4441,302,57321,383.701505,06D17,961,254450,732542,818139,577297.93268.725173.44985,324-1,046.38464,702270.26587,982714260.6942,980,45745,698165,835259,7141,104,646220.43D1,305,328241,280229,593545,27214,149,773545,8652,466,720--383,787517,488145,548174,024345,354193,9961,009,95520,971,764326,01418,027,484319,411439,048124,215297,97566,303272,23752,730704,04735,998147,95964,249535273,6893,767,30220.69289,116273,3431,498,316241,2871.674.793261,879306,788344,73414,566,128344,8692,703,232-224,935432,187107,598187,990'131,54772,013404,13311,231,448124,1269,506,050236,26764,803202,11739,414239,91219,144294,7488,41935,40228,418223123,2982216,1065,19771,141123,210919,190108,391917,198119,719.190,292131,4078,086,723131,4631,735,924--70,611169,22154.355138,88499,19662,078310,49513,048,38590,3569,711,30297,211349,8"65,502387,96649,860627.17714,953297,6433,73417,07528,41024397,3702,510,9432,73933,05597,3071,198,33483,336951,75494,831246,76099,0939,931,58299,1342,497,545--41,989159,25647,135241,23432,15826"7102,96215,291,26527,6857,528,41831,910670,05526,853729,87624,5552,837,9654,863154,2624271,94210,62416931,8732,068,73839914,58931,8491,238,40826,287554,21831,191485,65532,12713,197,45532,1404,349,4858,117108,30616,653372.544142

Selected Historical and Other DataTable 2.-Individual Income and Tax Date by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars)Size of acousted gross incomeSlate and itemAll returnsUnder$15,0001$15,000urder$3D,000$3D,000under$50,0W$50,000under$75,000$75POOurider$100,000$100,000under$200,000$2DO,000or moreD)QJL3)(4)N0)L71MICHIGANNumber of returns..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (less deficit) ....................Salaries and wages:Number of returns ..........................................Amount ..........................................................Interest income:Number of returns ..........................................Amount ..........................................................Dividends:Number of returns ..........................................Amount ..........................................................Net capital gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest pald deductions:Number of returns ......................................Amount ......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable income:Number of retums..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Excess eamed income credit: 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns ..........................................Amount ..........................................................See notes following Table 21.4,141,9072,068,7528,983.723137,426,6323,574,895109,475,5462,509,0474,240,957996,9242,639,268516,9673.862,623701,9757.207,146485,9581,386.972510.55048,7911.358,83618,239,320146,550820,0301.352,5908,351,1931,154,0205,773,1401247,6362,525,0123,356.74691.763,8473,432,42619,234,274395,860371,386307,210276,2572,993,5743,213,959910,3671 40_91531.576,335663,6022,248,6179,959,1011,238,6177,474,349669,214836,829219,573282,42899.111214,056258.5071,540,138108,425304054138,60914,92467,121922,70340,106358,74863,370301,33736,8891 6D.56347,18954,385815,9802,510,633888.286467,675258,948297,665251,909247,5051209.685684,985223.72280_278917,999454,3721,986,13619,991,568797,73315,185R58506,167793.539178,419352,75290,757199,287193,6292,102.918125,498416,401105,74211,401171.4161,614,28350.543232,677169,911546,012129,017447,156M,783190,503895,25110,707,927898,3811,718,624136.91283,72155,30128,752690,607594,346196,069151,923794,892439,8782,093,51631,363,574739,26526,520,626572,159703,890206,350384.049102,726323,505124,5661.602,473140,525397.663116,62311,636388,7123,793,37837,28D123,968388,0311,579,440336,6821,321.046362,560477,040793,33120,722,828793,4503,484,035----571,606753,309199,867222,635 1525,541302,6501,607,08231,774,987501,92427,770,055452.193576.863198,90536027796.970403,81376,1111,040,63285,359201.89883,0467,005417,5614,942,71714,00558,011417,3732,267,651374,7421,719,730396,570641,668525.22222,529,531525,2704,110,912----357,057651,491152,668239,193186,165108,068594,38715,870,924178,02713,737,708173,236297,19095.225216,62851,463304,33727,703420,72020,63049,40031,8382,091175,9022,741,8453,04720,202175,8341.294,497157.796918.148171,020367,589186,08111,709,077186,1062,479,667----105,729235,07372,605165,495110,83373,695356,79514,237,428102,58810,892,079106,430387,42673,191333,64252,957604,82818.765363,743521815,33526,1281.235108.3432,416,1791,37518,480108,3021,173.86294,575796,184105,418351,209110,76611.023,629110,8002,721,674----50.254175,55430.14226,48797,19D14.229,04926,8417.895,47129,648645,22025,261709,49222,9831,812,7974.694136,5213031,3218,56549929,7811.808.2161947,94529.7691,188,39524,319410,31329,098442,61830,11512,560=30,1334,251,697----8,636119,19950,39915,037236,057 313,573143

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars]State and demAll returnsUnder$15,0001$15.ODOundar$30,000"3$30,000 .Lmdar$50.000(4)Size of adjusted gross Income$50,000under$75.000(5)$75.000Lindar$100.000 Linder$200,000t6l$100.000L7)$20D.000orrnore101MINNESOTANumber of returns ..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (less deficil) ...................Salaries and wages:Number of returns......................................Amount.........................................................Interest income:Number of returns ...........................................Amount.........................................................Dividends:Number of returns ..........................................Amount ................... .....................................Not capital gain pass loss):Number of returns..........................................Amount ..........................................................Taxable pensions and anrajifies:Number of returns..........................................Amount..........................................................UnempiDyrrientoomponsabon:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:-Number of returns........... : ...........; ...............Amount ....................................... 1 ...................Medical and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ...........................Amount ...................Interest paid deductions:..............Number of returns..............................Amount.....................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns.........................................Amount .........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned income creditNumber of returns ..........................................Amount..........................................................Excess earned income credit 3Number of returns......................................Amount.....................................................Overpayment:Number of returns...............................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount ........................................................See notes following Table 21.2,060,9611,032,7234,440,95969,040.0041,771,36953,511,0911,342,8162,364,477525,6831,3.WSW326,1222,523,178289.3212,858,964147,573463,961316,15582,988744,05310,556,869110,493707,574737.8804,116,697646,9623,998,453688,0071,335,1321,741,89845.241,3601,781,3649,577,140159,225150,069114,343100,5311,294,5T71,101.875646,3251.036.641734,6983D6,5(Y7.938,3844,366,863573,5463,752,601355,097415.508110.218132,80665,431147,46284,093-439,89734,43392,10477,97628,00236,49554fg&25,1863D3,65732,85978.7382D,995104~17225,90628,387431,2761,307,979467.353253,88092,572109,01488,48097,023510,695247,832157.05355.340508,028248.6871,067,81111,105,116435,9608,621.786299,747447,02399,347164,35564,723169.27986,626-839,833-48,090156,49672,41624.821110,5961,027.61338,985225,490108,891230,60786,904384,31594,812104,536493,8016,005,553497,156991,16366,65341,05525,86313,508333,427232,550156,278128,114421,118238,6411,159.99716,519,701388,89413,765,040323,672401,783119,299196.37669,073220,31761,85434,595--727,258- - --448,560-42,074138,22182,14118,533236,6242.361,24132,331110,151236,019764,963212,2511,072,311218.232253,730420,00910,515,953419.9701.782,222--250,973252,066156,454194.568249,341141,351796,25615,018,703236,38212,849,952222,164292.282101,994170,94856,780230.50618.317Gorm48,4037,624215.83D2,740,49411.06240,986215.6771,061,136198,3101,176,859207,711310,840249,15910,253,885.249,1861,847,883--140.072183.0"100,950177,49775,85143,992244.9586*,458,16671,3675,316,81571,913138,42142,666101,29826,832154,90611,041-167,9233.18511.21016,0841,92273,5011.269,4971,97212,77473.467639,45166.534492,35071,839155,67675,7954,615,80875,816985,263--33,44963,81638,787107,283 154,092 .37 808.176,4637,123,89149,4155,198,62352.5982D5,85937,371173.86529.487346,1948.296-154,461-1,3345,10214,2781,51253.3591,344,6998339.78D53,332642,97746,976466,30552,178187,22754,0515,388,53554,0651,346,680--21,24972,46027,962155,54517.82315,73757,1608,447-W15,8054,016,27417,625463,60114,788416,88513,7961.254,5132.818-81,0421405944,86057417,6481,271 W1244,73617,635798.83614,992302,14117,329294.73517,8077.153,64617,8182,370,050.-4,71250,1079,841218.293144

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,000$30.000undar$50,000$50,000undar$75,000$75,000under$100,000$100.000under$200,000$200.000ormoreL11L2113A14A155)L61t7lMMISSISSIPPINumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax flability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned income credit: INumber of returns......................................Amount ......................................................OverpaymentNumber of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount............................... - - -------See notes following Table 21.1,056.684530,5012.459,67925,435,785936.59020,219,851391,151731.431132,062321,56381,271693.847lZ7,7811,301,46374,526143,52D131,33129,897186,7272,346,79250.208311,128183,492588,723150,755756,076166.462508,032739,51115,100,280767,7Z73,090,173314,347352,801268,873288,756783,894841,221222,580386,697 1514.597231,754952,4713.447,158443,3793.236,450105,154141,47527,51232,91815,79434,81938,833216,08538,34873,99847,2208,45811,337216.9868,122158,2729,71810,5455,78124,6707.69712,649206,106592,358234,776123,963233,470296,656230,146267,258430,172435,79354,28523,304268,873134,958677,1695.733,703242,2774,854,09497,103145.73926,78640,68715,92543,57138,382379,79519,78038,57032,1467,24633,245296.17516,89a67,00332,19337,76923,52988,17028,03955,242260,5332,706,656260.068436,93780,87756,14538,72721,499202,372197,57659,07048,632159,53690,036468,5836.199,566147,6615269,52894,416133.04430.56549,19517,52167.54127,763337=12,17522,50726,1027,15858,718551,22916,65353,29356,3421082M47.534198,79150,422114W159,2633,983,802159267656,443----99,610105"154,85065,51175,57945,336239,0594,522,41070,2783.762,04359.44810D.27324,93247,06914,44480,21715,181222,6523,4356.68614.2034,28851.418580,7066,88521,69951267155,06545,505218,85747.877130,18375.5373.251,53775,533596,879----39,51257,38832,93366,27720.12613,34664.1771.710,87418.1391,287,10717,93748.7989.87329,3416,62763,0904,28975,3155961,2174,9491,28517,275249.4971,1945,9391724676,79215,00168,06916,38457,62220,1151.299,93920,114287,475----7,44215,42011,26941,99113,17010,52142,5801,734.64611,012993,79612,40365,3108,48646,7727204129,0742,57153,9951974774.68796912,125239.2324143.62112,09987,6639,85678,47611,S8961.25613,1581,398,37213,166366,289----3,77115,4807A3864,8994.8044.55015,6402.087.4273,844816,8344,69096,7943,90875,5813,756275,5~76216,39325662,0244954,609212,965421,3014,607112,6203,54959,0424,46476,1134.7991,867,6164,803622,186----1,015142722=76,083145

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars]State and RemAll returns Under $15,0001 $15,0001 under$30,000(1) (2) (3)$30,000.under$50,000C41Size of aciJusted gross income$50,000under$75,000t5l$75,000under$100,00006$100,000under$200,000L7)$~00oooor more(8)MISSOURINumber of returns..............................................Number with paid preparees signature ...........Number of exemptions.......................................Adiusted gross Income (loss deficit) ...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest Income:Number of retums..~- ....................................Amount............................................. : ............Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (loss loss):Number of returns ..........................................Amount ......................... ................................Taxable pensions and annurdes:Number of returns..........................................Arriount...-............ ........ ...............Unemployment compensation:Number of returns............................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of retu'rns ........ ...-*'! .................Amount ..........................................................Medical and dental expense:Number of returns ......................................Xmount ......................................................Taxes paid deductions:Number of returns.......................................Amount...............................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:Number of returns .............................. ;Amount.......... ...........................................Taxable inbome:Number of returns.......... : ...............................Amount ..........................................................Total tax liability:Number of returns............................................Amount......................................................Earned income creditNumber of returns..........................................Amount..........................................................Excess earned income credit: 3Number of returns...................... : ...............Amount......................................................Overpayment:Number of returns ....................................... I...Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount .........................................................See notes following Table 21.2.283,031 917.248 k78,0361,275,735 455,865 329,8725,057,024 1,409.071 1,33D,99868,569,150 5,962.064 12,626,1191,935,322 721,427 49402152,431,026 4,891,065 9,802:8301299,342 359,679 3083632:694,545 533,134522,048 110:734 105,87411.596,119 47533 97.206304,578 165,330 62,7572.255,857 29,022 140,231369,575 116,015 11,5303,6181500- 619,553 077,095I-211,452 179.314 62,559463,098 81,425 138,921316,566 95,129 77,21796,643 33,082 26,250564 3 30,921 81,9387,384:80045 580.243 811,687101,714 21,829 91752,267 256.252 23392,'9189557.764 26,761 180.0262,261,359 122,404 21,436475:169 15,612 60.3702,690923 78,867 252,879498 52: 19:11 5 65.0981,166:35 5533 95,6851,817,524 469,376 561,75444,954,314 1,445.693 6,449,9121,869,279 518,985 563,712282,045 1,052.002293,809 188,542 105,267292.282 225,464 66,818227,911 183.3992 194,147 23,9621,585,449 697,649 420,8171,559,594 462,218 371,836553,605 138,157 1383 10 500949.513 50.916 775425.831261,0021,18D,06416,620,41613,397,975793,872306,770480,490120,198233,72965.464202,77375,680900,34946,82696,88471,81922,317168,6261,616,34330,284139,670167,954405,310146.849669,372146,476225,887424,76210,906.421424,8851,825,107--282,296336,0521 Z7,357156,378 A229,700139,681713,71213,814,333213,44511,560,009199,022354,652 -98,804224,40451017223:75141,774---565,210-18,25435,66540,9549,614163,0311,850,824--12,91768,936162,858585,543148,452783,013150,539275,155229,5119,946,740229.5391,832,047--133,924214,85786,100I 6D~57069,57242,183221,1445,924.90263,9954,735,45764,948167,32840,236136,28923,242157,51812,938202.3093,2006,67713,9082,49861,152894,460-2,88621,23061,095310,53654,817353,80458,408143,91569,5344,480,57669,544976,253--30,52464.62534,807103 4_6747,02933,377151,2626,161,00141,1834,182,57045,149220.47133,010232,88624,653314,8751,1833,19212,7122,05244,069892,9811,42617,86244,012339,84237,222334,41142,331164,52046,9804,925,57147,0011,256,957--16,62262,84825,032152,802 115,61513,75550,7737,560.31513,2763,465,22415.411382,85613,192426,07212,1151,087.6872.61081,5911163354,81783015,0669,028172,393-737,506-1818.32815,058396,28811,847218,57714,561235,66015,6076.799.40015,6132.276,897--3,61747,1598,6"216.604146-

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemMONTANANumber of returns..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (low loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ................................. .Contributions:Number of returns................. .......Amount ......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned income credit:Number of returns..........................................Amount ..........................................................Excess earned Income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount.............................Fee notes following Table 21.All returns375,861207,444846,1959,593,9413W,0726,603,850234,$73497,83894.217235.49369,825567.40258,568597,38834,11280.54768,52521,728100,0351,427,94230,105292,87498.466515,40677,687383,94785,229153,189287,9675,968,491301.0981,242,72147,36245,83135,70531,918224,635191,549117,1791 W,236Under$15.0001L21168,54477,644256,497855.265123,799802,53577,78896,68025.9D433,52618,53144,12318,829104,78811,79525,60922,5367,4959,872253,9927,791207,0658,92113,3454,95921,1256,2656,26182.705241.23894,88952,39629,82934,98728,40428,034112,42165,31332,90012,597 1$15,000under$30,00013)94,48253,435235,6542,046,49977,1851.464,91759,671104,32621,88640,85816,39855.64418,136183,68512,09130,67418,2095,90019,939171,66810,20642,37719,53936,95713,94853,99415,82818,33990,621986,67091.597170,51917,53310.8457,3013,88457.70646,33531,65130,161$30,000under$50,000L4)68.51043,454204,8642,663,27059,8412,014,30054,56696,15822,00744,62015,73179,18212,663160,3097,73418,05815,5454,64732,746312,8948,36827,49932,61197,16427,375120,35028,39134,66468,3481,682,64668,313288,364----35,78337,33629,36045,074 1$50,000under$75,000L5)31,19920,791100,6241,860.33827,2941,358,23328,25569,89514,29836.05410,13778,5735,95890,5062.1115.0287,2972,26623,637276,1862,98011,43323,581105,67820,479102,13321,75932,93931,1741,312.94231,177247,789----14,16221,29615,05739,746$75,000under$100,00016)7,6835,66424,675652,4156,333396,1787,33232,3104,66017,8163,77051,9271,59329,5412577482,1956766,810103,7505292,6776,79744.9895,59734,3716,38413,9487,680489,0147,681111,571----2.4715,9264,35621,486$100,000under$200,000L715,6574,78816.173747,0774.267339.1645.49145,1954,00427,8803,79790,9391,12522.3321073632.0575625,318208,4212211,6865,307151,2034,08132,5244,97819,2255,653590,9645.655156,328----1,6277,7563,00027,495$200,000or moreL8)1,7861.6685,700769,0761,353228,5231,77053,2741,45834,7401,491167.0142646=17676861821,713101,031101381,71066,0701,27819,4491,62427,8131,786665.0171,786215,755----4657,58585521.677147

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousards of dollars)Size of adjusted gross IncomeState and RemAD returnsUnder$15,0001$15,OODunder$30,000$30.001)under$50,000$50,000under$75,000$75,000under$100,000$100,ODOunder$200,000$200,000or moreL2)(3)L4)L5)(IRL7)L8)NEBRASKANumber of returns...............................................Number with paid pteparer's signature ...........Number of exemptions .......................................Adjusted gross income (less defich) ...................Salaries and wages:Number of returns...........................................Amount...........................................................Interestincome:Number of returns ...........................................Amount..........................................................Dividends:Number of returns ...........................................Amount ..........................................................Not capital gain (loss loss):Number of returns...........................................Amount ..........................................................Taxable pensions and annuities:Nui~nber of returns................................... .......Amount~--.Unemployment compensation:Number of returns...........................................Amount...........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Tolal itornized deductions:Number of returns ...........................................Amount...........................................................Medical and dental expense:Number of returns.......................................Amount.......................................................Taxes paid deductions:Number of returns .......................................Amount .......................................................Interest paid deductions:Number of returns .......................................Amount .......................................................Contributions:Number of returns .......................................Amount......................................................Taxable income:Number of returns...........................................Amount..........................................................Total tax liability:Number of returns ...........................................Amount ..........................................................Earned income credit:Number of returns ..........................................Amount ..........................................................Excess earned income credit: 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns...........................................Amount..........................................................Tax due at time of filing:Number of returns...........................................-Arnount...........................................................See notes following Table 21.740,824405.6911,655,10321,072,721619,87915,627,975474,226989.714176,826421,555115,091778,16097.038--661,480-32,49857,008108,68557,005175,8132,393,22435,826379,019172,411SZ7,300140,834711,127160,022367,158600,72813,499,800618.3522,814,45076,98375,15557,22953,177469,802396,686219.287426.374300,163146.168419,6691,786,504234,4271,551,259145,707198,38540,56444,22326,21957,75012,77922.59629.87119,39910,883189,0548,579140,9008,83014,3244.25917,3307,0788,785167,028495,229183,63798,66845,78455,70844,15946,135210,966117,95658,75023.532190,781105,618452,9524,133,331161,0853.160,544116,047219,97637,48958,38325,95572,92928,597128,722-244,026-10,45918,34927,89416,65826,896330,22711,961157,97425,95853,21118,15565,90522,49930,530184,1992,107,017185,268356,08331,19919,44713,0707,042126,974100,01154,99157.210141,33784.357423,6365,507,477126.8564,400,832111,252192.99342,51166.90525,64197,95021,198--221.366-6,91911,72527.43112,39353.551514,03710,26950,16953,257159,38145,529192,73748,84168,269141,0333,534,622140,976600,165--81,31182.09854,17911.16171,74143,263235,8644,294,84765,3633,413,01365,530133,98031,96259,72018,51599,58011,591149,6981.925.3,46414,0655,49150,983588,9153,90619,42450,902223,36645,461218,57448,89785,70171,6873.047,91371,688565,706-37,20552,72931,50D856-9119,58912,45665.0691,664,77217,4881,220,50618,78658,92811,52936,2297,51061,3813,50055,5763055724.3071,57317,228262.254,7675,27617,204110,00814,73786,14316,76441,96719,5761,242,62719,576273,876-7,93315,609,10.40646,86712,9259,90043,5361,691,84310,9921,024,97012,64174,8399,15055,5747.611109.5652,398_44,121982523,7281,11612,105262,7953064,10512,097124,0399,55375,90311,86051,15312,9221,331,05112,921340,891-4,30616,1407,15162,000 14,2883,92914,3T71,993:9463.668856,8504,263110,6153,6211 OD.5223,440279,00670217,97113491,3893754,167245,941381,1714,163142,9703,14054.53&4,08380,7544,2831,741,3424,286579,061--1,10712,1432.31059.914148

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,000$30,000under$50.000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200,000or moreNEVADA0A(2AL3)J4)0)L6)L7)18ANumber of returns ..............................................Number with paid preparees signature...........Number of exemptions.......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interestinoome:Number of returns..........................................Amount..........................................................Dividends:Number of returns..........................................Amount..........................................................Net capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned income creditNumber of returns ..........................................Amount..........................................................Excess earned income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount..........................................................See notes following Table 21.684,067342,8471,474,34923,589,558590,82016,888,760322,377997,567120,770453,83785,1731,839,743108,5501,361,02561,202167,25185,0663,359190,1292.731,44732,813170,870182,874367,661169,8381,471,640164,047336,383559,01416,435,358568,6393,831,69583,43082,43464,68962,919460,708492,442182,827375,723242,621105,460381,3921,380,355197,0971,489,03871,37812D.07323,64642,45215,59466,80325,864159,66420,79656,57823,82886714,377218,1877,26974,38112,81718,30511,14796,0538,6666,716124.738442,086134,27181,96050,26461,57849,14154,569184,875131,18935,07715,295192,99991,087410,4934,164,094169,9683,411.24377,560114,94624,10249.01015,90830,88831,185341,45618,53452.52318,33965234.847333,84510.48038.11632,55135,47729,134181,85228,23726,360186,5402,196,686186,517346,44833,16620,85715,5488,350138,516116,09648,60337,370131,84271,428337,7805,141,358119.7304,244,03078,358121,16826,77456,42517,86758.09125.106358,10613,97337,32D18,891371056,262603,4509,20930.86054,29766,92950,717351,15448,93358,762131.3443,379,547131,415570,032----82,12697.37445,55755,851 172,29742,808212,9904,353,04466,4343,558,08855,031107,134822,41951,81515,14082.50716.318270,6076,22815,92712,85452248.483632,0514,33816,04947.55775.37745,378365,62544,33070,53872,1723,108,19172,187577,724-39,01263.94730,45360,21022,51114,4T767,3301,917,43020,1441,463,53619.53764,53610,06733,1477,35069,8405,456110,3231,1703,3104,79521118,132296,7369735,34817,87038,79216,991163,44516,96837,41722,4721,444,58422,488316,408-9,38022,52411,73738,75215,41311,80045,9262,028,55012,6431,257,68514,298109,8378.92960,4898257162,1613,55886,8714471,3874,35222212,98D295,6024894,50512,81045,69911,966153,17312,18941,38715,3831,622,77915,388417,316--5,35124,1378,16558,2176,3845,78718,4384,604.7274,8041,465,1396,215359,9584,8331613,4985,0571,369,4531,06433,999542062,0081755,048351,576551,6114,97287.0824,505160,3384,72495,2026,3654,241,4866,3731,521,806--1,44837,1743,235110.028149

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars)Size of adjusted gross IncomeState and itemAll returnsUnder$15,0001$15,000under$30.000$30.000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$2DO,000or more(2)L31L4)"5(6)L7)18ANEWHAMPSHIRENumber of returns..............................................Number with paid preparers signature...........Number of exemptions .......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount ..........................................................Not capital gain (less loss):Number of returns : ................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..........................................-Amount ..........................................................Unemployment compensation:Number of returns ..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount................ : .........................................Medical and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Corittibutions:Number of returns......................................Amount......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ......................................Amount..........................................................Earned income credtNumber of returns ..........................................Amount..........................................................Excess earned income credit: -Number of returns......................................Amount................................... ;..................Overpayment:Number of returns ..........................................Amount ..........................................................Tax due at lime of filing:Number of returns ..........................................Amount ....................... ..................................See notes following Table 21.536,568222,6431,135,47718,276.460461,42014,405,306359,979578,279127,960464,41372,316916,17877,310. --82227541,664112,38887,5741,758173,3032,363,90827,382156,533170,720784,763153,3781,100,622152,357221,467449,20112,525,207460,3982,696.97940.28038,48128,13125,3083T7,632410,729126,471253.142185.39162.654236.308M,403143,954959,51087.12495,38327,21440,63013.39924,66021,256114,001-11,31327,03523,71152611,065150,7536,82663,19810,05834,5497,29D42,9906,6624,663102,608326,378112,41766,19823,21228,12221,83822,120138,07679,53729,34012 7_41132,14152,798268,1682.891,423114,9372,315,62980,10597,59423.20952,94312,12123,93621.35616,761_207,1166- - _20D,91 712,82633,30620,12839524,654242,5868,68337,06923,82973,30619,923102,03919,64715,596128,0941,580.215129,418262.14117,06810,3586,2933,187100,30590,47726,93225 4_24108,85561,019297.7084,270,639100,4103,596,71488,14499,38327,64665,88014,92440,77910,71430,22021,01534249,763534,8477,54627.96549,237170,33145.028267,97843.30537,641106,4482,765,185108,497472,434----76.865100,70228,13336,58268.20132,101209,7964,118,73664,1623,544,61463,45379,38925,01563,99913,69158,36310,842151,153~5,32416,51412,97623950.346652,9003,13615,24550,120218,90447.085'331,36646,67052,15968,1112,88D,90868,114527,914----43,74276,69722,06138,36322.65011,11071.9091,929,98021,0831,610,14722,04142,47411,56640,6387,18346,3373,62962.265-1,0463,5554,5797920,034325.1467554,60519,984112,78318,618157,13819,13930,54622,6301,425,83722,636307,416----11,44325,48410.09326~07215.2089,43748,6031,975,19513,4821,421,65115,0D863,4089.95273,4697,899110.7472,70361,4324131,6113.89712113,99330D,4953885,69113,956105,73212,478136,00913.48836,94015,1921.562,65315,196393,225----6.1Z723,1867,6994%8244.1223,524IZ9852,150,0853,412957.1434.1041 W.6483,358126,8543.199611.357763__25,340281471,268563,548157,183481,7593,53760,1582,95663.1023,44643,9234.1181,984,0314,120667,649----1,07414,6472,21373.137150

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adiusted gross IncomeState and iternAll returnsUnder$15,0001$15,000under$30,000$30,000under$50,000$50,000under$75.ODO$75,000under$100,000$100.000undsr$200,000$200,000or moreNEW JERSEYNumber of returns .............................................. 3,759,633Number with paid preparees signature........... 1,947,351Number of exemptions ....................................... 8,034,321Acqusted gross income (loss deficit)................... 151,586,226Salaries and wages:Number of returns .......................................... 3,178,841Amount.......................................................... 120,407,776Interest Income:Number of returns .............2,483.646Amount......................................................... 5,017,791Dividends:Number of returns.......................................... 1,046,340Amount .......................................................... 3,355,802Not capital gain (loss loss):Number of returns.......................................... 525,363Amount .......................................................... 4.486,188Taxable pensions and annuities:Number of returns.......................................... 1 590,956Amount ......................................................... 6,271,646LlneMbyment compensation:Number of returns.......................................... 377,802Amount .......................................................... 1,679,327Number of sole proprietorship returns................ 433,008Number of farm returns (Schedule F)................. 7,692Total Itemized deductions:Number of returns.......................................... 1,447,152Amount .......................................................... 25,516,094Medical and dental expense:Number of returns ...................................... 286,089Amount...................................................... 1,661,176Taxes paid deductions:Number of returns ...................................... 1,436,322Amount...................................................... 10,877,986Interest paid deductions:Number of returns ...................................... 1,158,217Amount..................................................... 9,116,044Contributions:Number of returns ...................................... 1,357,543Amount...................................................... 2,780,762Taxable income:Number of returns .......................................... 3,157.443Amount.......................................................... 104,012,674Total tax liability:Number of returns ......................................... . 3.198,0861 23,616,357Amount.........................................................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned income credit: 3Number of returns......................................Amount .....................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns............Amount............................notes following Table 21.11A372,590374,370288,976282,7682,582,1503,368,805922,8051,740,484L211,231,995562,9831,718,5347,002,454900,3896,026,723593,667801,797219.531320.90789,400118,661165,410872,315112,697430,959100,0941,63389,6161,416,65859,205584.58983,918443,99446,041281,06764,31454,737667,8012,016,413706,422388,100232,6122B5,943224,847248,063871,285604,405223,52483,294t3l873.444430,1481,798.OOD19,150,701745,60215.044,574495,728770,077161,674392,70372,674101,633152,5281,488,306104,874503,42377,6911,316194,4332,241,16D90,705487,804191,448717,145126,311660,361173,625202,069840,91310297,995841,4091,636.154139,97888,42764,12934.705659,545600,839180,068142,035L41708,992384.6871,697,99727,763,142646,19323.166,151534,233766.696196,627482,36D91,919195,928117,1291,430,06D78,221364.07986,3281,490345,1364,072,86676,565275,819343,7601,393,165273.6081.617,099324,141409,803704,74318,279,657705,8683.182,466----499,089694,103182,504209,662 115)495,033285.5761,427,7503D,159,84246S,37425,882,025434,123663,860195,528475,22793.383296,13083,5141,150,40254,761252,54476.3521,363388,1595,561,58540,914184.482387,6342,110,356334,4192,32D,066375.026564,291494,21620,814,178494,4423.898,527----326,799669,467148.369243,132 1M219,435126,741681,12D18,810,613208,45316,250,830204.250373,452112,168310,26459,004268,07235,945544,36917,34179,98339,1887412D3,5203,782,14511.98259,208203,3831,589,856179,8091,491,017198,959385,590219,24313,476,881219,3032,869.670----124,6603DI,20184,381195.0711771176,964112,547564,81523,124,021164,99718,513,685169.060539,019116,007503,80779,178693,76428,606539,2468,85743,14139,497698172,9214,608,8996,15053,515172,8332,163,693152,2311,707,728169,157475,228176,81217,363,759176.8964,302.964----85,384310,37076,589MU91L8153,77044,669176,13525,575,45347,83315,523,78952.5871,102A9044,807870,53439.8052,812,0007,824246,9471,0515.19813,85845153,3673,832,78156816,76953.3462,459.77845,7981,038,70652,321689,04453,71521,763,81263,7467,338.477----15,388188,420Z7,370529.699151

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,000$30,000under$60,000$50.000undar$75,000$75,000undqr$10D,000$100,000undar$200,000$200,000or moreL21t3)(4)ML61MAMNEW MEXICONumber of returns ..............................................Number with paid preparees signature...........Number of exemptions........................................Adjusted gross Income (loss deficit)...................Salades and wages:Number ' of returns ..........................................Amount........... ..............................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount .........................................................Not capital gain peas loss):Number of returns ........................... ..............Amount .........................................................Taxable pensions and annuities:Number of returns..: .......................................-Amount .............................................. ...........Unemployment compensation:Number of returns..........................................Amount .........................................................Number of sole proprietorship returns.................Number of farm returns (Schedule F).................Total itemized deductions: .Number of returns........................ ..................Amount..: : .............................................Medical and dental expense:Number of returns ......................................Amount .....................................................Taxes paid deductions:Number of returns......................................Amount .....................................................Interest paid deductions:Number of returns......................... ............Amount .....................................................Contributions:Number of returns......................................Amount.....................................................Taxable income:Number of returns .....................................Amount.........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income creditNumber of returns ..........................................Amount..........................................................Excess earned income credit: INumber of returns ......................................Amount......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount ......................... . . ............See notes following Table 21.698,914317,0721,608,70318.363,855593,32D14,027,847334,774635,286121.865359,43081,635621.582104,8981,348.986 -39,71799,432104,79412,782150,9401,972,14528,723145,462148,133533,934130,982865,708129,302269,553512,68711,379,417533,1342,313,889134.613136,763111,425107,499488,157450,834168,698264IM-A314,070129,241551,2021,931,50825e,3561,783AW91,849106.46226.44738.62116,93532,63528,815179,543-18.17944,25337,9024,2359,87397,7496,06031,3318,58810,2326,74439,6005,8486,463135,679427,132155,66786,88292,987109,71691,12696,122247,705179,83740.45716,038176,92479,958439,2933,799,71015Z4323.047.14982,800116,20224,09748,82015,71333,91130,876352,98012,65132,25223,9183,10924,938236,4659,12046,09524.07929,05220,328102,80519,72825,051169,4521,839,675169,888298,09841,62627,0662029911,377127,075107,78344,37233,775113,47255,955325,4684,410,000100,8283,562,16776.644115,40727,19458,11017.25657,39523.269354.7596,16515,56120,3142,59543,7438.56132,03543,30384,0303B,998217.52537,35553,992113,2012,847,085113,193475,400-68.96773,40240,26946,84259,08230,114184,1183,552,41553,0722.822.64949,94992,80022,57155,45614,32177,18413,689258,4012,0615,43612,4131,61940,451.490,9363,72516,00540,299126,37437,026238,00136,49966,41159,0182,536.35359.034469,505--31.27747,68725.05548,85018,89810,07758,1761,611,20616,8441,211,30917,56751,18310,17333,9437.21659,3584.520101,3084331,2374,74058116,390267,16284015.31416,35180,76014,756112,96415.26836,64618,8831,209,35218,886264,180--7,84416,7979,77531,61713,2238,83240,6091,722,01911,2341,082,97912,75273,7128.798542817,584126.2583,18583,3152136414,24345012,422270,8793753,40912,395106,32510,607106,14611,63840,64113,2121,359.51413,221344,544--4,53016,4267,11247_1233,2452,8959,8371,336,9962,554517,7133.21379.5192.58570,2992,610234.84255418.67815521,2641933,123171,974421.2743,11897.1612,52348,6682,96640,3493,2421,160,3073,245375,279--7598,9021,66839.985152

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued(Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAJI returnsUnder$15,0001$15,000under$30.000$30,000under$50,000$50.000under$75,000$75,000undar$100,000$1W'000undar$200,000$200,000or moreU1L2)L3)f4l)L51L6)t7A(8)NEW YORKNumber of returns ..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of tarm returns (Schedule F) .................Total itemized deductions:Number of returns..........................................Amount ..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid cleducitons:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned income credit: 3Number of returns......................................Amount......................................................OverpaymentNumber of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount..........................See notes following Table 21.7,844,1994263,14916,715.569293,196,5456,590,838222,OZ7,4275,076,01111,653,0361,934.1377,532,6561,031,98013,620.0241,216,70413.683,271749.9222,728.148980,71529.0512,884,94751,842,135524,7613.213,3582,857.51824,521,7992,008,98714,551,7232,719.1606,510,5176,393,006195,567,6916,545,51145,164,525901,122894,023692,821657,7345.602,9856,808,5731,766,5393,222,3062.789,9021,328,1794.214,38115A3.4092,039,77214,099.9291,308,6261,92D,984435,954738"195.847772,510370,7742,060,878257,140788,666303,78510,665173,8772,705,549101,0031.137,090158,981637,05790,431651.609128,291116,3601,425,0564.353,2911,575,634894,876566,806690,901545,225580,0331.979,3121,392,052490,822195,2311,974,1881,021.7984,223,94043,359,1421,709,81434,886,3451,138,5871,594,378338,459739"163,880275,97632B,9433,388.346212,940844,553190,4817,188452,0954,831,310177.409894.672444,7181,439,552256,6061,276,598411,838644,6611,899,89422,651,7861,899,5803,578,813334,316203,122147,59677,7011,505,4511,372,519391,782302,2391,483,326859,0133,583.68657,794,9441,362,65748.725,7981.141,2761.550,162387,684863,948191,981457.516239,8643,136,798152,149587,105185,4335,641811,1889,206,645148AM558,559807,9153,671,201534,9342,786,274772.041l'OT7,5591,474,37437.198,6681,475.6776,343,897----1.070,4971,493,329355,768402,382883,048553,8552,529,04853,484,109827,17145."1,373800,0001,310,295340,117918,254175,109631,543154,1092,388,18887,086332,432137.9583,163750,73010,857,06D67,042308,472749.5T74,989,617567,6713,391,881728,9591,164,335881,11636,287,438881,5656,766,844----601,7721,209,362241 ~M412_863343211220,6541,043,06529,371,09532221524,625.293327,147706,02D172,782630,93410D,I 17525,83059,8941.081,05325,451104.26165,4701,065330,5286.368,37118.509127,165330,1763,092,199263,9041,934,011323,7666T7,390342,68920,591,669342,8744,400,187----198,785497,799123,421304,363268,084190.753811.23435,227,475243=26,292,240259.6031.105,670173,947982~=127,6981,328,76447,3181,053,05913,26661,87068,820813264,6827,513,03611.051124,793264,4113,970,366211,7922,176,425257,43D821,832267,63525,997,483267,8326,543.799----122.395470.696113,333546,990102,44088,897310,21558.696.37286,20228,856,4481 OD.7723,465,52985,1942.758.79777,3489,627,88515,802574,9491,8909AI28,768516101.84710,360,1641,68462.608101,7406,721.80983,6492,334,92598,8352,108,380102,24248,487,356102,M16,636,108----24.773370,818150,0701,058,238153

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]State and ItemNORTH CAROUNANumber of returns ..............................................Number vft paid preparer's signature...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salaries and wages:Number of returns............................. : ............Amount.........................................................Interest income:Number of returns....Amount.........................................................Dvidends:Number of returns..........................................Amount.........................................................Not capital gain (less loss):Number of returns..........................................Amount.........................................................Taxable pensions and annuities:Number of returns............................... ..........Amount-------~Unemployment compensation:Number of returns..........................................Amount.........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns ...................................Amount......................................... .................Medical and dental expense:I.Number of returns ................... * ..................Amount .....................................................Taxes paid deductions:Number of returnsAmount................:. ...........Interest paid deductions: '** ........................ *.......Mumber of returns ......................................Amount.....................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount .........................................................Total tax liability:Number of returns ..........................................Amount ............... .........................................Earned income credit:Number of returns ..........................................Amount .........................................................Excess earned income credit: 3Number of returns......................................Amount.....................................................Overpayment:Number of returns ......................................Amount ................... .....................................Tax due at time of filing:Number of returns ..........................................Amount .......................................................See notes following Table 21.All returns"13.165,2271,638,1276,836.50292,645,2472,804,81572,995,5921,577,1262,534.970571,2591,717.325322,6602,736,297449,7094,606,978249,278421,671415,9755D,570868,53911.843,229 -172,465931,757.862,1064,065,190734,3894,348,710T75,7581,959,9512,514,92758,295,2292,571,52811,991,677540,444572,128429,555436,9102.283,9202,270,394740,1981,242,198Under$15,0001-"21,297,051589,3501,98D.9938,865,4311,069,9287,879,844377,339417,228108,132141,24855,773115,579114,527590.812-88,118149,556122,21614.81548,181498,439-31,768226,94944,74961.79527,729136,63832.85042,902639,2552,055.013696.264391,635353,619445,908346,176392,7651,029,633817,833158,64569,657$15,000under$30,OODU3859,505436,4171,903,79718.370,838774.80715,432,063383,761458,976107,095193,97657,163128,182131,182-1;214,517-64,955134,379101,86712,538144,3271,429,81358'1gq397,904i42,552252,622110.915473,428120,613191,460838,6939,366,834838.1371,504298186,825126,22083,37944,146655,990592,066182.8261469-66$30.000under$50,000L4)561.843319,1601,503,71121,917,401520,55218,519.213387,388440,291129,508251,17067,653212,170105~1 191 ~219.309-56,30494,17294.11811,749264.8742,654,75064,803176,366264.046746,664230,6961.107,987234,253415,818560,56314,170,785560,6332,341,997--363,721394,614182,429209,229Size of adjusted gross income$50.ODOunder$75.000t5A2D9,9W173,688897,59318.026,915280,26115,120,799259,081357,237114,717260,88660,350277.71063,179892,225-16,44932,87754,8377,070240,7113,002,505-21,91480,533240,4351,042,652216.6911,219,256224,026475,956299,61712,631,101299,6562,288,685-167,613247,781121,84121-5968$75,000undar$100,000"692,66154,352285,5907,892,52685.4796,303.89187,169182,76150,850165.74930,759210,09819,220-327,091-213496,69319,3422,13D87,6621.473,9344,00524.09987,600556,49777,996561,60583,989232,51892,5955.747,53292,6101,236,448--39,28060,06348,465140,817$1W'W0undar$200,000L7164,28545,2352DI,3628,433,03156.8125,736,80862,555263,54844,362277,27435,048473,63412,8633,619-262,346 - -,- 100.6'M--1.0033.60317,7371,53063.0211,515,0401,58019,32062,966645,78254,104.536,57860,786253,03064,2366,479.51964,2491,635,496--22,92481,34334208,002 '765$200.WOor moreLai19,98217,92563.4569.139.10616.9764,002,97419,833414,93016.595427,02215,9141,318,9231003915,85873819,763-1,268,7471966,58719,758759,17816,258313,21819,241348,26719,9687,844,44619,9792,593,118--4,75956,69411,227251,56D154

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,000$30,000under$50,000$50,000under$75,000$75,000undersioo.ooo$100,000under$200,000$200,000or moreNORTH DAKOTA(1)L2)L3)L4)"5L71"8Number of returns ..............................................Number with paid preparees signature...........Number of exemptions.......................................Adjusted gross Income (loss deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount......................................... ................Dividends:Number of returns ..........................................Amount..........................................................Net capital gain (less loss):Number of returns...........................................Amount ..........................................................Taxable pensions and annuities:Number of returns.....................................Amount .....................................................Unemployment compensation:..........................................Number of returnsAmount ..........................................................Number of sole proprietorship retums................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ...................................................... 1Taxable income:Number of returns..........................................Amount ..........................................................Total tax liability:Number of returns ..........................................Amount ..........................................................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned income credit: -Number of returns......................................Amount......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount ..........................................................See notes following Table 21.283,759161,746641,4807,599,759228,8835,239,743186,338360.98760,759117,21747,202272,279274171, 32~"18,78042,89540,18634,12748,89156925813.16079.77947,214158,61036,956188,04443,35895,100230,3674.865,709238.7781,029,51028:180127 7820,39718,440168.592133,59695,514228,955 1119,30259,040167.848732,76690,970602.17260,60374,43414,72614,96611,61723,7039.26D43,1855,72810.84511,34910,7553,90040,3943.27925,9082,9803.65412795,1212.5993.23068,339201,49876,31541,93316,92820.33916,15116,20681,11744,91426,4451 1_06973,13942,665180,2761,585,76758,7911,107,03247.30888,61513,81920,33211.75736,45610,60487,6936,87316,68010,7339,7568,26089.1034,59928,9907,74521,9944,57816.5366,6529,94470,809795,49471,281140,2381.1:2128404,2462,23544,69934,65724,96230,800 153,66433,794165,8922,091,1244e,5871,553,78843.27474,57414,53021.76010,63642.0487,30972,1084,75911,8319,9977,83914,336134,2583,56416.46714,17127,63911,62551,55012,73918.24353,5781.354,09753,539239209----27,95827,03123,58352,553 125,57616,67486,7521.523.06422,5571,115,08023.46450,32610,16918,8006,82839,0483,68342.5911,2042,9804,9323,68913,488142,7161,3826,29313,43137,74312.10760,81912,77622,52625,5651,111,09125,568216,770----11,39315.10613,05448,489 16.1034,46120,571519.3565,117318,9855,85420,4483,33310,5532.55621,37495612,7401433841,4411,0684,07754,0142441,2834,06616,8593,53120,3293,92110,2476.101407,1296,10096,506----1,8413,7473.78626,7264,6043.83415,621607,3123.698310,9244.48227,4943,07717,0122,71239,00276612,426661561,3008553,56163,728868003,55223,8452.84621,4303,43815,7784,604503,7884,604134,689----1,2284,6632,89336.1941,3711,2784,520540.3711,163231,7601,35325,0961,10513,7951,09670,6482233,4337204341651,26945,0456381,26926.87599012,2591,23315,1321,371492,6111,37116D,165----3563,47879123.124155

Selected Historical and Other"DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross lncome,.Tax Year 1993--Continued(Money amounts are in thousands of dollars)State and RemOHIONumber of returns..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (loss deficit) ...................Salades and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (loss loss):Number of returns ..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..............: ...........................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount................. o ........................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount............... :......................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:Number of returns ......................................Amount ......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned income credit: -Number of returns ......................................Amount......................................................OverpaymentNumber of returns ..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount .....................See notes following Table 21.All returnsD)5,101,1482,307.47310,597.339153,216,6814,389,659119,682,1452,970,1494,861,1671,127.9953.225,705647,3434,431,547834,9318,112,088375,8451,026.150609,75072,8371,406,16917,428,534140,9441,141,7391,395,2716.M,3091,198,1136,316,7971,215,2702,413,5834,211,265100,961,4164,286,24420,993,250500,825481,711378.762353,8083,634,6303,528,8891,171,3501.680.796Under$15,0001L2)1,923,75172D.8822.717,61212.851,5761,512,8689,985.621794,151955,608245,654308,352101,136242,736288,4701,636,129106,332288,649167,69119,64961,105889,13431,110501,29356,056136,08136,073173,77137,61139,2951,062,0013,410.3171,133,143626,537316,649368,765307,932317.137-1,460,798861,606296,323104,450 1$15,ODOunder$30,000J311,385,958649,5122,873,68830,319,2601,210,63824.351,807746,6771.025,238235,720423,936107,981201,934256,7312,581,635117,431360,097146,35919,673259,4731,826,43149.983256,883256,437496,475200,102730,900196,946200,0271,36D,28117,070,3841,363,8782,740.338184,176112.94670,83036,6711,025,286843,081314,002219.00"$30,000under$50,OOD(4)1,025,520523,W2,622.27140,026,782954,98034,299,255746.646889,785274,298498,852124,846334.821160,8221,878,44497,151249,927146,96519,068474,7364o-M.64339,168233,382473,4731,388,138419,1091,816,379409,269494,2971,023,60826,938,442Size of adjusted gross income1,023,7294,633,642----712,227873,759280,065304,241$50.000under$75,000E5)503.755253.5841,540,72430,085,535474,72625,748.285433,729612,849201.029445,34996,332407,07681,9391,09D,30345,552101.66784,4279,594365,7864235,59615,29882,224365,4051,624,578333,4411,743,091337,135533,027503,40321,525,284503,4523,997.399--320,588540,931163,6702T7,926$75,000undar$100,000L6)133,55368,035426,91111,364,736123,1119,095,846124,374277,31174,850256,a8842,542287.38523,760395.4056,87817,09127,7122,2T7120,4781,893,4603,38128,729120,386791,913106,321699,634114,769257,675133,4598,431,762133,4851,844,901--67,941153,93656,771162,549$1 00,OODunder$20D,000(7)94,99362,736307,06212,530,56484,0728,610,37191,426378,98667,493434,55148,901573,29817,638360.7142,2787,80226.2261,69491.4382,113,2441,72827,28991,3731,007,65176.742694,46787,483319,27294,9129,753,55394,9492,494,764--38,712147.19143,951241,918$200.000or more"B33,61829.182109,07116,038,23029,2647,590,95933,146721,38928.951857,77625,W52,384,2985.571169.45822391710.37088233,1532,245,02627611,94033.1411,414,47226,325458.55432,057569,99933,60113,831,67533,6084,655,669--9,078108,38516,568370.707156

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and ftemAll returnsUnder$15.0001$15,000undar$30,000$30,ODOunder$50,000$60,000under$75,000$75,000under$100,000$100,000undor$200,000$200,000or moreOKLAHOMADAt2It3)L41MAWt7)ABANumber of returns..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns..........................................Amount .........................................................Interest income:Number of returns..........................................Amount .........................................................Dividends:Number of returns..........................................Amount ..........................................................Net capital gain (loss loss):Number of returns..........................................Amount..........................................................Taxable pensions and annuities:Number of returns..........................................Amount..........................................................Unemployment compensation:Number of returns..........................................Amount........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income creditNumber of returns ..........................................Amount..........................................................Excess earned income credt 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:iNumber of returns ..........................................Amount.............................................See notes following Table 21.1,328,928735,9313,063,49436,052,1761,107,118Z7,723,706663,1811,359,527225,014618,933147.396922,139210,2672,374,97872,931186,452223,95566.569340,8284,115,59184,033380,234336,1141,299,167Z70,6931,374,515297,908803,6991,006,75222,718,1811,051,1494,701,419214,892215,985169,796162.192904,040867,313336,738520,618565,991282,522964.0033,260,12D441,4413,120,317185,004262,17647,75262,34733,84157.53260,119366,59926,79468,56376,35123,09025,112246,90718,589115,25122,323211,72212,61955,89916,32625,737256,886793,493299,899171,225141,750170,105137,096144,420425,560300,09785,44636112347,818195,128865,0887,510,115293,2605.907,583164,430276,08146,18877,46030,72958,29265,256725,91923,09361,04754.63717,14960,406515,04327,781120,23759,18081.80941,920156,53649,02689,532335,3393.639,004336,716598,91473,14245,88032,70017,772245,106209,91590,15173_857234,345141,859670,6009,113,756210,0797,484,567156,394240,82452,39289,06631,35981,37146.129617,94915,61237,81046,65815,153106,547992,70524,97786,207106,074252,61888,827373,05093,484177,426233,8875,883,875233,86B978,448----146,298161,219'79,70598,310118,47672,975368,4407,104,673107,9845,798,29898,908179,10241,88484,95123,86492,31525,615400,3935,79114,46825.9567,45790,2881,031,58810.16637,99890,125340.43579,207387,42883,472191,016118,3925,074,659118,400928,872----64,27696,22648,84893,552 133,25520,790103,8472,828,79629,9212,162,82930,62486,87516,91051,08010,74664,8527.284130,7751,1903,0858,7771,85630,495458,6661,75910,1973D.463170,83128,096157,31928,92997,15333,2292,121,55233.239463,193----13,49529.10717,51221,63916.02068,3402,840,68918,2741,776,45620,583119,38814,03486,65711,328131,5814,645101.8064051,3208,1221,35120,745445,2876977,64320,722188,42416,576138,55119,72695,13321,6232,246,61021,626575,723----7,33332.14811,42777,981 17,41346,63723,1763,394,0266,1591.473,6557,238195,0815,854167,3735,529436,1951,21931,538461593,4545137,235425,395642,7027,227236,3285.448105,7316,945137,7037,3962,958,9897,401985,044----1,97228,6003,64984.570157

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts am in thousands of dollars]Size of adjusted gross incomeState and RemAll returnsUnder$15,0001$15.000under$30.000$30.000undor$50,000$50,000under$76,000$75,000Lmdar$10D,000$100,000undor$200,000$200,000or moreOREGONNumber of returns ..............................................Number with paid preparers signabire...........Number of exemptions.......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount.........................................................Dividends:Number of returns ..........................................Amount.........................................................Not capital gain (low loss):Number of returns ..........................................Amount.........................................................Taxable pensions and annuities:Number of returns..........................................Amount................. .......................................Unemployment compensation:Number of returns..........................................'Amount .........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount .........................................................Medical and dental expense:Number of returns ......................................Amount.....................................................Taxes paid deductions:Number of returns .......................................Amount................................ 7-Interest paid deductions:Number of returns......................................Amount ............................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns ..................................Amount .........................................................Total tax liability:Number of returns................................Amount.........................................................Earned income credtNumber of returns ..........................................Amount..........................................................Excess earned income credit 3Number of returns......................................Amount......................................................Overpayment:Number of returns ..........................................Amount.........................................................Tax due at time of filing:Number of returns ..........................................Amount.........................................................See notes following Table 21.11)1,357,284624,9913,042,57741,830,5251'I 16.0i 129,915,603. 816,0381,705,6803130,571849,287220,6442,197,100214,8252.369,515159,652482,889222,67932,258478,1196.5Er7,22198,418513,904472,6062,827211398,9102,2T7,883399,998780,6181,081,36526,471,4851,110,6995,584,004153.1151,898118,775114,441830,310745,688422,359729,054 1121523,184188,483832,5623,283,807397,5262,682,523216,5053DI,86669,752104,50146,699118,62267,532376.44753,915145,54462,8667,88239,303409,00428.535163,68136,04379,80223,532106,03925,08128,684261,355821,606288,517166,23898,664118,42695,041101,366361,743214,75199,26139.721 A"3344,634154,879789,0117,508,708285,1385,610,086'192,250317,05660,684128,10244,863131,29164,271670,89252.874172.28953,5526,80883,530747,656.33,980121,25682,098225,02264.436280,94264,37984,311331,6483,825,861333,673635,39654,48033,47223,73413,075217.3S7159,568111,89092,291(4)263,324139,968724,29210,276,830233,6058,154,935199,001303,65666,262138,70147,649211,94944,099607,655'36,447112,01853,1017,801151,3901.621,91024.750178,563150,825610,824131,542657,707125,402169,883262,4536,4752"262,5351.100,136--148,398156,324104,212.133,177 1151141,62681,917432,6028,509,594127,6576,707,243126,871242,57952,951122,84837,706263,04224,521408,35413,09541,034.30,2685,502121,9231,614,2468,69431,889121,748724,310108.762597,079108,506172,284141,4615,806,950141,5021,068,596--73,211110,12861,701129,921 1L6143,32827,262134,4963,688,86938,2612,691,15841,237122,82522,47670,72017,429194,4617,629146,1842,2567,84910,5571,93141,610743,8051,6519,35241,564352,75036,629258,72438,70281,05843,2972,635,01843,306575,687--17,07337,69423,05582~867L7)31,41623,74298.8444,136,94825,9472.4222893D,522180,8542D.601108,92618,536377,6975,3071,9149693,7699,4811,58730,76~787,4217376,87530,732407,79426,241254,92328,79497,40531,3903,135,02731,400805,083--10,35641,24816,900123,582 1AM9,7728,74030,7704.425,7697,8771.647,3689,652236,8457,845175,4897,762900,0391,46848,070963862,8547479,601663,179712,2869,596426,7107.768142,3899,134146,9939.7613,771,7799,7661,232,868--2,17225.9755,310127.496158

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross incomeState and itemAll returnsUnder$15,0001$15,000under$30,000$3D,000under$50,000$50,000under$75.000$75,000under$100,000$100,000under$200.000$200,000or moreU2"3t4A(5)f6)t7j"8PENNSYLVANIANumber of returns ..............................................Number with paid preparees signature...........Number of exemptions.......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount .................... .....................................Unemployment compensation:Number of returns ..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total iternized deductions:Number of returns ..........................................Amount ..........................................................Meclical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned income creclit 3Number of returns ......................................Amount ......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount...........................See notes following Table** 21. *'***5,378,3272,325,21711,564.982171,311,3344.461.630131.373,4863,477,9325,997,7291,336,3324,359,205621.0735,093.835975,8269,263,665602,8992,227,482644,40741,1691,474,96120,252,468205,0901,418,5771,464,8137,554,7221,236,9057.529,8231,354,8552,846,7584,412,032114,187,9084,488,66424,176,133491,233467,144361,954332,6203.797,9363,905,1711,209,3291,891,5272,014,409754,2152,900,08612,579,6791,467,6759,455.590968,0411,239,806321,670459,842127,084227,386349,8511,924,060176,480536,066175,09214,91073,2771,167,98645,808598,95167,629255,92338,651209,03749,43953,8501,084,7963,345,4831,156,416630,788293,648345,906283,557292,1161,478,911877,585312,846109,933 11.363,576571,1912,939,07829,715,1721,154,42822,810,293816,4591,207,060262,057572,106113,979223,336277,4012,692,021192,660783,469142,59710,908207,5372,011.01369,684339,384204,783592,069153,444653,608177,147219.6841,330,59216,039,1551,335,1992,585,063197,585121,23978,39740,5041,031,187894,482280,490208 1_431,056,422498,7152,802.66741,280,136968,23434,508.490822,2961,046,661286,111646,157124,429371,239181,1682,051,184154,012597,646M'5608,292441,5844,400,45056,419246,070440.4201,490,303.38D,1081,820,141402,833520,0401,053,53727,192,0571,053,7924,580,381----752,491935,809268,523288,597586,997288,8201,784,59735,331,654548,98030.011,957528,627764,419236,615587,354105,196459,435e101,9721,323,36963,339246,84193.79D4.149423,4235,187,76723,73D122,513423,0201,968,863379,9512,125,905403,930643,779586,45725,124,400586,5174,628,677----377,036638,652186,414302,485 1186,29095,875588.00815,878,629172,75813,013,359176,544360,687103,630344,20954~029347,19733,350522,70511,29048,76437,0631,235166.3322,653,7265,85244,573166,2371,047,722147,8311,033,117162,080353,111186,15211,776,632186.1902,550,757----95,051209,87780,227203,680 1128.43282,239413.08516,855,088113,59111,864,130124,287486,55790,240570,91864.035755,28424,411485,9344,58122,01036,3641,077121,9462,738,3023,13143.192121,8731,125,511104,1211,037,243119,300415,307128,33513,190,926128,3683,358,827--52,359202,14661,042319, 342,20136,162137,46119,670,97736,9649,709,66641,678892,53936,0091,178,62032.3212,709,9587,673264,3915372,68713,94159840,8622,093.22446823,89240.8511.074.33232,799650,77240,125640,98742,16317,519,25742,1825,841,640--10.901146,62121,787459.246159

Selected Historical and Other DataTable 2i-individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of adjusted gross IncomeState and RomAD returnsUnder$15,0001$15,000Lmdar$30,000$30,1300undsr$50,00D$50,000under$75,000$75,000undar$IW,000$1100,00Dundar$200.WO$200.00Dor MrsRHODE ISLANDNumber of returns ..............................................Number with paid preparers sigrwature...........Number of exemptions.......................................Adjusted! gross income (less deficit) ...................Salaries end wages:Number of returns..........................................Amount..........................................................Interest Income:Number of relums..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ...........................................................Nei capital gain (loss loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................7 -IffiemploymentaimpensatiomNumber of retims..........................................Amount ...................................... ...................Number of sole proprietorship returns................Number of farm returns (Schedule F) ...........Total itemized deductions:Number of returns................... ......................Amount ..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ................ .......... ; ...........Amount......................................................Contributions:Nurnber of returns ......................................Amount ................................................Taxable Income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount.......................................... .................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned Income credit: 3Number of returns......................................Amount......................................................OverpaymentNumber of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount.....................................................See notes following Table 21.D)446.625216,120925,26314,341,042380.44610,974,412284,767494,66093,236321,58650,923441.6X69,938758,85966,785239,32357,299497144,7852,112,64418.28894.579143,68D895.840125,337840,819134,040196,075371,0209,337,449377,8401,974,64239,88038,89730,01028,155321,466343,44398,677169,482"216427465,216223,8811,059,360126,910856.32772,24992,26320,24527,5109.21217,74721,245112,55921,31265,02415,3061477,74483,8414,27925,8627,16619,9635,13329,4675,0283,56892,030301.21298,27956,32224,83429,55524,00025,097123.32673,83426,02510,77213)113,85053,W2229,465.2,471.14898,3571,933,98867,58496,02417,78136,1328.78414,68420,168203,92619,73476,61212,3628621,719207,5536,42227,61221.40464,63217,71489,80718,87914,729110,9361,352,535111,457217.705.15,0469,3426,0103,05886,93275,59423,13919-430L4)87-27548.352223,8953.422,10679,9942,839,38369,10489.48820.43746,64910,73928,32514,534190,20916,17460,30113,11611744,664485,1455,05920,56944,534177,45139,685228,13041,66537,02286,9442208,88486,975373,237----63,00983,46121,32626,329L5150,51129,194151,6293,044,70047,3762,555,32346,04268,45317,21845,550I 9,43839,5886,563_ 134.9747,54828.6518,9497240,958542,7411,86710,17740,910222,22437,11423927039,45844,76550,4402,102,30150,447382,829----33,58760,70815,0562_7 784LQ16,388951251,2721,395.65815,3031,138.92815,73034,1177,78227,6354,70332,3372.80354,6951,3635,5703,3682815,587289,0484154,24515,571118,58313,821105,61715,22925,09216,3651,006,54316,373215,620----8,86120,4656,6681%708010,9217,76834,2331,435,330916M963,48510.67846,9316,99150,7825,49378,5632,05645,3485672,7173,1313310,738273,496.2164,62810,724134,0779,11794.82710,45630,40010,9061,088,78810.910275,744----4,71119,1424,87429-871N3.4083,04810,8881.512,7402,899686.9793,311068,3842,78287.3262,55423D.40156917,150874481,067143,375230,11M301,4843.371158,9102,75355,702.3,32740,4993,3991,277,1873.399453,185----96D10.2391,58935.588160

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of aclusted gross incomeState and RomAll returnsUnder$15,0001$15,000under$30,000$3D.000under$50,000$50,000under$75,000$75,000under$100,000$1100,00Durder$200,000$2DO.000or moreL11(2)L3)14Af5)Mt7)AllSOUTH CAROLINANumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions.......................................Adiusted gross income (less deficit)...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of retums..........................................Amount..........................................................Dividends:Number of returns..........................................Amount..........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount ..........................................................Meclical and dental expense:1,581,259894,4833,473,16943,494,0901,406,14834,490,334710,8351,132.868251.412744,184140,7241,181.209228,0082,576,157120,595233,464186,40618,717415,4175,642,957666,477347.7381,076,1604,655,903572,4084,117,390168,636188,74447,44865,67024,69048,38657.220317,79454,293105,57457,1054,61621.950457,712427,515245,108974,7699,137,794385,0347,706,129174,22220.72947,28287,16025,41359,47365,983671,14136,58365,42744,7884,16072,905630,210266,001161,518732,94910,370,877245,6238,729,647173,911201,42257,814112.83829,81690,73653,568681,09920,80742,03941,2204,408129,3711.305,217143,61886,853442,9348,629,548133,9177,207,23412D.4061 6D,39751,937114,29628,808125,84933,405514,8037,22315,58124,4853,153116.6451,463,14742,66426,031134,6123,628,17639,2242,869,39639.65986.05322,43972,73613,532103,74710,036191,2621,1943,1158,5261,12040,383675,46626,65419,60984,8723,475,40723,0652.256,32225.763118,93817,721119,72214,057217,0438,143146.7744601,6037,63485625,962620,6788,3307,62626,8733,596,3856,8771,604,2168,238169.5868,771171,7616,408535,9771.65353,286351242,6484048,201490,527Number of returns .......................................Amount......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:79,622555,769412,2781,845,292355,1702,002,87413,623321.29620,35730,13213,67971,51328,421101,67771,973131,45056,727232,23925,16277,939128,965379,976113,559522,4789,70635,436116,492519,436105,921570,7391,8529,82640,347258,18236,215249,4747687,50625,946257,76822,288219,253882,0898,198268,3486,781137,177Number of returns .......................................Amount......................................................Taxableinoome:Number of returns...........................................376,248970,2061213,38215,29921,291310,92362,564104,603416,067116.693218,665265.312109,755250,054143,49538,872115,48642,63425,088115,88726,6297,977144,2208.322Amount ..........................................................Total tax liability:Number of returns.......................................... 1Amount .......................................................... 1Earned Income crackNumber of returns ..........................................Amount..........................................................Excess earned income credit: 3Number of returns......................................Amount......................................................Overpayment:Number of returns ..........................................26,616,7131,239.9165,328,897311,953337.848254,775297,6171,165.944996,238337.539185,677211,492269,311208,250242,223550,6984,595,370415,86073D.598100,46168,53846,52525,394328,5196,634,411265,3841,090.760----174,8215,999,661143,5211,075,607--82,2852,636,09142,647563.141--18,4142,669,71126,639673.326--9,1563,095,2328,3281.007.788--2,051Amount..........................................................Tax due at firne of filing:Number of returns ..........................................Amount............................. . ...........................See notes following Table 21.1,182,107344,404540,385462,84975,59530,055303,88688,33765,174195,50883,2679-0101122,71856,29594,31137,75621,89082,466 134,30714,50392_1 5325,0834,517106.126161

Selected Historical and Other DataTable 2.-4ndividual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of acQusted gross incomeState and item All returns Under $15,000 $30,000 $50,000 $75,000 $1100.000 $200,000$15,0130 1 under$30,000 under$50,000 under$75,000 under$100,000 under$2DO,000 or more02L3)L4)L51(0)M"8SOUTH DAKOTANumber of returns..............................................Number with paid preparees signature...........Number of exemptions .......................................Adjusted gross Income (loss deficit) ...................Salaries and wages:Number of returns ..........................................Amount ........................................................Interest Income:Number of returns ........................................Amount ..........................................................Dividends:INumber of returns ....................................Amount..........................................................Net capital gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuffies:Number of returns...........................................Amount..........................................................-LJnernpIoyrnent0Dn1pensa11w--Number of returns...........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total Itemized deductions:Number of returns..........................................Amount..........................................................Medcal and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:Number of returns......................................Amount......................................................Taxable income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credtNumber of returns..........................................Amount ..........................................................Excess earned Income credit: 3Number of returns......................................Amount......................................................Overpayment:Number of returns ..........................................Amount ..........................................................Tax duo at Into of filing:Number of returns ..........................................Amount ........................................................See notes following Table 21.320,834170,371724,9178,546,334263,6385783073193801.424,06968,092151,42159,197538.38339,718342,47713,27927,07148,63236,27244,701533,63812,32393,37939,95796,48034,895193,38238,950102,963251,3025,571,644262,0521,230,56838.93338,44428,99226,705198,679159,47198,649213,570140,19366,042207,004817,717108,150708,86666,20087,70417,85119,36516,D4339,47512,52256.7755,24610,45014,29814,0793,93646,5513,17427,2882,5404,1731,4596,1152,4283,29673,938213,26883,97845,12123,43528,82422,55923,28898,75658,12127,00710,84985,62046,069212,7401,847,63471,7691.369,45750,45398,03416,15324,57815,51058,82812,805110,3564,7769,84913,37510,8258,05688,9684,09139,7776,53910,3575,00318,8276,35510,14482,46792D,98783,222159,16615,4989.82D6,4333,41854,90443,90726,81629,19358,52333.733183,3152,269,90252,1661,758,67043,80979,23916,00925.45512,89867,8348,54893,4162,5475,18111.9517,04413,561129,0983,46116,91412,48222,79311,37651,58611.99218,97758,410.1,462,06058,367250,676----31,36629,63324,80545,61524,29314,86181,2841,442,76721,5541,065,14721.53751.29210,25820,7377,62367,0753,8"49,8035601,1705,2812,86111.264121.1601.2536,29810,78924,56110,22054.87410,59221.30724,2841.059,12924,282203,791----10,50714,44812,54640,9675,8794,18319,418500,7594,907305,7675,55223,1803,34111,8432,79632,9721,01815,419992441.5976973,66949,6232401,6953.52110,2373,25421,1003,50010,7885,878394,9375,87892,456--1,7014,1653.64121,3614,59D3,85815,460611,6993,655291,4484,45030,8383,04517,9482,92355,71272412,608451681,5036163,04752,443941,2572,94411,7112,62422,1092.93014,3064,589517.1084,589138,989--1,1564,9292,78831-1631,7361,6255,6961,055,8561,437283,7191,72D53,7821,43531,4951,404228,487253_4,1016a6271501,16845,796101491,14212,64995918,T711,15324,1471,7381,004,1671,736340,368 1--2894,2691,04634.420162

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of acqusted grow incomeState and itemAll returnsUnder$15,0013 1$15,000under$313,001)$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$2DO.000or moreti)"2L3)L4)L5)(6)TENNESSEENumber of returns ..............................................Number with paid preparer's signature ...........Number of exemptions.......................................Adjusted gross Income (loss deficit) ...................Salaries and wages:Number of returns...........................................Amount ..........................................................Interest income:Number of returns..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total Itemized deductions:Number of returns ..........................................Amount..........................................................Medcal and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ......................................................Taxabie income:Number of returns ..........................................Amount..........................................................Total tax flability:Number of returns ..........................................Amount..........................................................Earned income credit:Number of returns ..........................................Amount..........................................................Excess earned income credt 3Number of returns......................................Amount......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount..........................................................See notes following Table 21.2,253,7181,074,4124,926,90465.753,8201,975,14252,390,7891,070,3472,002,342337,585917,401208,1342,355,241297,7852,927,065198,119361,277315,44075,702407,4845,099,92571,631390,742378,461581,526353,0162.482,845359,3671,233,3411,751,82943,610,5271,806,7679,344.233380,887392,653301,267296,6411,646,7641,693,855494,446935,284932,046405,0811,490,6136,102,779766.8165.428,646273,710369,93767,73081,59938,789117,67190,549493,72778,559142,622104,33822,94824,269293,53414,87986.62319,14121.49214,752135,98915,32422,837444,4701,397,662498,822285,056252,084307,926245,924267,020743,434577,499119,54352,650 1593,376280,4921,346,74812,778,962532,87810,772,495254,870369,59661,993100,20637,13386,30187,023823.86364.006111,45974,16319,53264,724626,84823,890162,22656,23150,41750,047238,37051,89894,027579,9346,557,58358D.4081,061,195128,80384,7Z755,34329,622461,473443,077117.299101,393 1400,689202,2741,083,41915,596,029373,65513,521,042258,889333,77774,626122,81142,001134,46962,330715,23240,07872,58464,72618,664114.5711,089,13321,10678,104106,030105,586100,959545,401100,086211,51740D.01 810,399,635400.0951,729,381----279,369330.936110,786136,276 1206,253107,864624,38312,389,434193.67310,659,016169.097255,06564,858118,98336,225167,30535.814485,04712,21625,69438.0799,584110,6851,228,0388,81337,380106,336131,232102,468652,641102,693274,711206.1129,159,132206,1341,706,040-118,794182,91080,616152,10461.66934.168192,2155252,02756,8494,245,41756,279126,24228,79678,21318,67913D,72411.480189,5792,1865,73814,1462,36345.369623,6031,92312,71344.06D75,01742.117322,36843,270149,11061,6404,092,57961,644907,676--25,66951,57932,556102,568 143.60430,143138,4355,742,73138,0183,890,34941,649183,93426,819139,28522,709290,0788,076157,2169672,84214,0321,73235,268648,8668999.90234,33791,97831,808323,66333,864181,25743,5864,744,64443,5901,236,959--14,14054,089124,7~ 39']6516,08114,39D51,0917.891,85713,4533,873,82415,853363,79212,763276,30412,5981,427,8922,51362,4021073385,95687912,598589,9021213,79312,326105,80410,865264,41412,232299,88316,0697,259,29216,0742,417,926--3,88553,7658,903224.897163

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continudd[Money amounts are in thousands of dollars)Size of acQusted gross incomeState and ItemAll returnsUnder$15,0001$15,000under$30.000$30,000under$50,000$50,000under$75,000$75,000under$100,000$100,000under$200,000$200.00Dor moreP)L2)L3)J41(5)AML71"8TEXASNumber of returnsNumber with paid preparer's .......... ................. signature...........* ............Number of exemptions .......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns ....................................... LAmount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Net capital gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..................................-Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns ................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns..............................Amount ......................................................Interest paid cleduclions:Number of returns......................................AmountContributions: ... ...... * .................................Number of returns......................................Amount ......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income credit:Number of returns ..........................................Amount ..........................................................Excess earned income credit: 3Number of returns......................................Amount ......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount......................See notes following Table 21.7,715,1653,467,18117,965,258233,252,6996,686,978184,916,0713,525,2077,851,4031,265,7554,236,162824,2368,147,774982,74711.104.891468,2381,436,5051,205,185184,5461.440,81520.177,476-274,2291,886,2531,336,7583.732.9151,241,3599,172,4601,242,3713,863,8365,736,822158.142,1175,954,35735,014,6271,542,2091,636,9991,280,8791,294,3655,432,3745,833,2491,842,5273,642,1133,288,4941,395,7255,862,22418,199.4M2,703,20319.266.6M8-n,8261,315,349238,240367,506150,316613,970246,6891.419,049190,501516,612402,21451,17784,8751,567,16454,824746,67365,441259,38950,5313U7,23948,02167,7501,394,0604,291,6391,607,330934,7521,079,1711.332,4761,052,2511,164,1912,614,4412,176,074413,85210P.M1,890,046826,8474,654,43640,709,SZ71,667,27233.807,820765,2671,156,294210,120412,396133,521235,182271,3072,757.175139,760458.757251,98238,164189,5381,889,145-78.253398.930161,340293,969138,881695,443147,148264,0911,808,02820,1117~M1,811,8273.266.025463,038304,523228,628130,1741,412,7781.321,15242D.524358,1421,265.637575.2503,484,83949,355,0351,154,75741,625,901796,5241,153,317263,337514,970159,661399,476218,5742.733,37282,522.269,791235,42041,274358,5813.669,43379.096399,04333D,703598,268309,1861,646,204303,502589,8571,262,72132,872,9011,262,9595,574,336-810,552949,292411,467518,168744.061354,3752.296,D4845,002,028689,04937,958,563598,420979,917250,452525,334149,270536,888146,1772,150,88039,090132,983160,28729,786401.6144,665.01643,847190,571385,01280,849389.3642,335,369361,774831,444743,47733,102,593743,5756,221.505--399,440633,057314,239605,269 1297.476135.691841,07722,843.854246,51318,661,527241,253551,442128,943360,31683,169459,27652,968917,61610,50136,70965,36310,629196,2682,82D,20711,79068,276190,423548,306182,6751,391,115183,210526,800267,31017,691,704267,3503,890,902--111.577238,9D4140,660436,780197.504124.412623,50725,905,762173,98018.438,613187241839,145124.345633,65699,5761,116,65737,210825,6095,36519,57763,1789,264160,3413.109,239,5,75062,029155,718653.919146,7731,512,698151,325645,129197,33821,226,904197,4015,438,725--68,407264,202108,401689,984 163,94754,881203,12731,237,02552,20415,156,97762,6761,855.93950,~181,421,98448,7234,786,3259,822301,1904992,07626.7414.25249,5982,457,27266920,73048,121530,21543.9591,204,39147.391938,76463,88828,839,14263,9159,688,381--15,179250,56833,384852.947164

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Contlnued[Money amounts are in thousands of dollars]State and ItemUTAHNumber of returns..............................................Number with paid preparer's signature...........Number of exemptions.......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns..........................................Amount..........................................................Interest income:Number of returns ..........................................Amount..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (less loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount ..........................................................Unemployment compensation:Number of returns ..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount......................................................Interest paid deductions:Number of returns......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount ..........................................................Total tax liability:Number of returns..........................................Amount ..........................................................Earned Income credit:Number of returns..........................................Amount..........................................................Excess earned income credit: 3Number of returns......................................Amount ......................................................Overpayment:Number of returns ..........................................Amount..........................................................Tax due at time of filing:Number of returns ..........................................Amount..........................................................See notes following Table 21.All returnsit)747,636336,9851,875,79922.500,133662,33317,539,407435,250616,623128.131353,29789,578738,167108,0751,293,61540,674104,99812D,58912,924252,1293,502,43338.851171,873250,3891.015,157216,4671,207,166233,653968,351597,85513,533,840611,4962,787,87885,27785,18565.2D463,067490,590417,821219,137339-0 2"Under$15,0001L21296.736105,51440D,3691,717,616246,8741,622.155117,008105,57726,96732,80317.74442,02927,2221 M,68912,65730,07629,0393,18412,085111,2217=29,75411,2D216,1927,60142,1688,78616,328158,087460,849168,98987,23550,32463,26748,47453,613221,671117,79351,75017.095$15,000under$30,000L3)178,63182,644475,8903,903,756154,0243.112.20298,173107,68124,43241,02918,97139,66932,549378,30913,70536,81028,7303,20141,016431,14413,61393,48340,51781,85532,620142,72736,26883,153168,3661,814,698170,897295,94134,95321,91916,7309,454118,26589,39755,28840.255$3D,ODOunder$50,000"4149,84577,777S24,5445,855,5381313,1984,961.450Size of adjusted gross Income110,198105,33729,86647,18019,83264.38725,250353,3229,94126,32232,3743,53690,N7948,35312,71630,72290,031238.35279,791379,82784,187240,827149,0593,371.501149.259555,136----90,04386,56356,10160,053$50,000under$75,000t5l80,52043,342310,2844.833,38375,4664,065,03569,97786,97825,13046,16816,43384,48015,129234,0683,6U79,60617,9081,99068,597922,4534,27412,84268,523276,"B61,567332,44765,587248,91080,4663,129,65280,466554,325----44,59259,59433,47858-574$75,000under$100,000(6)22,03612.85084,7341,872,54020,3701,468.96620.64342.8659,71828,0687,37863,8524,50080,6495351,5175,73848820,812371,6987542,95420,788120,75118,508122,37720,119102,48022,0261,300,06022,026274,815----9,38220,04511,58236,040$100,000under$2DO,000M15,00610,60360,3221,977,83213,2191.308,96014,46663,1508.56244,6407,678115,7862,69256,5052115935,07836514,600374,1142541.53414,581131,47312,539116,63014,108112,63614,9941,469,41615,001368.085----5,38220,9038,2215-4351 1$200,000or more014,M4R5519,6562,339,4694,1821,002.6404,785105,0343.456113,5093"327,98373320,07318731,72216D4,752343,449Is5844,747150,0853,84170,9884,598164,0174,8571,987,6654,858652,341----1,25523,5252,71772.645165

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of acQusted gross IncomeState and itemAll returnsUnder$15,0001$15,000under$30,OOD$30,000urder$50,000$50,000under$75,OOD$75,000under$100,000$100,000under$2D0,000$200,000or moreVERMONTNumber of returns..............................................Number with paid preparer's signature...........Number of exemptions .......................................Adjusted gross income (loss deficit)...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest Income:Number of returns ..........................................Amount ..........................................................Dividends:Number of returns ..........................................Amount..........................................................Not capital gain (loss loss):* Number of returns ..........................................Amount..........................................................Taxable pensions and amulties:Number of returns .............Amount..........................................................--Unemployrrientoornpensation:--- -- -Number of returns.............................. :...........Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total Itemized deductions:Number of returnsAmount...................Medical and dental expense:..........Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount ......................................................Interest paid deductions:Number of returns .............................. 7--Amount ......................................................Contributions:Number of returns ......................................Amount........................................................Taxable Income:Number of returns .......................... ! ................Amount .......................... 1 ...............................Total tax liability:Number of returns ...........................................Amount ..........................................................Earned Income credit:Number of returns ..........................................Amount..........................................................Excess earned income creclit 3Number of returns.......................................Amount......................................................Overpayment:Number of returnsAmount........................Tax due at time of fling:Number of returns..........................................Amount..........................................................See notes following Table 21.111264,347115,658559,0787,630,597222,7245,783,938174,048286,86165,133224,60136,942308.38835,228344,268'28,58375,37049,9144,18977,2211,054,61512,168102,38776,532418,58566,617394,07465,37495,962215,3444,876,225222,886987,53025,27923,39717,77715,018177,090162,60068,514102.141L21103,39138.468143,978610,54878,235516.49050,42158,86716,34024.7308,75825,10711.24858,28311,16128,08615,2431,8375,32994,3173,25456,0094.93512,7273,50418,8383.0262,39956,510182,430'63,57938,01414,87317,10413,92713,01173,OM39,78619,3287,88668,83129,813147,3371,495.11660,0281.171.03043,04656,58213.26031,0407,4242i,67410,31795.4989,34224,95212,6371,00712,612116,6694,12521.96512,41732,52610,34446,8659,4657,85666,932794,42567,393132,47810,4086.2923,8502,00749.28139,73116,85614-432t4)51.13125.257139,4931,99ZO0347,1181,643.18241,60953,00514,42838,2597,63431,8957,20683,526_5,98416,19011,54372824.402230.8813,230IZ40324,33183.89521,807111,11820,36018,14150,9681,285,95460,966216.637----33,18337,5651 5,i(1319,19026,45213,08482,2211,588,99224,5781,301.51024,65539,73711,33133,9295.93337,5713,95756.2891,6934,7596,12035620,876254,8151,1286.26720,856102.21319,036110,69119,09521,62426,4131,113,88725,420203,763----15,63824,3549,5287,7984,16324,629664,0677.085604,8887,60019,7594,65021,5822,98326,8011.21920,5012608852,0271197,385122,3022702,7747,37953,8396,52746,4757,04211,7987,788483.6507,788105,114----3.6378,1583.55810,4795.3863,65817.191707,6914,608433.5975.29128.4213,98735,2513,13359,8881,027_ 22.4951294581.8361055,273133,1001442,4065,27068,2904,36441,2625,08816,7125,376539.9075,382136.655----1,9398,1572,67016,358 10)1.3581,2154,229571,5801,072213~2421,34630,4911,13741,8091,077103,452254---7,6781440508371.34493,532175641,34465,0961,03518,8251,298172331,357475,9931.358154,868----3424,84967116.104166

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross IncomeState and iternAll returnsUnder$15,0001$15,000under$30,000$3D,000under$50,000$50.000under$75,000$75,000under$100,000$100,000under$2D0,000$200,000or more11L21L31L4)L51E6)(7)VIRGINIANumber of returns..............................................Number with paid preparees signature ...........Number of exemptions.......................................Adjusted gross income (less deficit) ...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest income:Number of returns..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount ..........................................................Unemployment compensation:Number of returns..........................................Amount ..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ..........................................Amount ..........................................................Medcal and dental expense:Number of returns......................................Amount ......................................................Taxes paid deductions:Number of returns......................................Amount ......................................................Interest paid deductions:Number of returns......................................Amount ......................................................Contributions:Number of returns......................................Amount ......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned Income credit:Number of returns ..........................................Amount..........................................................Excess earned income creclit 3Number of returns......................................Amount......................................................Overpayment:Number of returns..........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount.........................................................See notes following Table 21.2,940,1591,221,7786,290,599101,990,4332,567,90881,149,1491,655,1813,019,984688,6672,052,273349,1653,093,755454,8336,675,060163,595345,666365,90839,967999,80915,390,867152,318951,008991,5374,817,667881,5927,169,351899,5161,924,3552,450,53867,42D,2632,490,58614,150,558339,793350,772267,448267,0392,033,4502,117,612770,0501,242,1581,020.957378,4061,455,2176,347,558834,2306,050,497355,020450,080115,768148,66751,122202,30199.577588,53154,423106,38793,33211,29345,216787,23225,937397,60841,29799.08D29,723225,03928,52430,735555,3101,777,073594,096332,799218,762272.465213,191238.188789,119549,118160,41261-256730,160299.6031,555,31115,904.134644,54613,198,661348,550446.999105,792189,48049,302103,686114,2041.273,82953,639111,20177.4099,318138,8221,314,73647,623198,115136,505251,944111,246614,627114,280144,114708,9068,388,260709,8091,335,168121,03178,30764,25728,851545,650468,621166,8562,752249.8851.415,53022,010,126512,95718.514,581391,045489,795148,336273.20166,951182,476101,1861,562,60235,95574,81879.6659,253278,2543,043.94247,485174,381276,92478D,899248,8571,560,458246,426344,07856D,65814,274,958560,8952,400,814----375,042430,781172,288181,967 1351,544156,3261,020,42021,327,588324,33817,830,843300,243447,771146,350315.15468,987273,97174.6371,508,38413,98734,00057,9295.532276,3003,808,76522,324103,903275,8011,170.192254,5571,901,620257,941444,563351,12514,794,387351,1842,714,834----2Cr7.468328,142132,511209,220141,58661,943430,31112,126,197131,3319,953,536131,605264,94378,462233,44742,378246,65332,721789,5673,51310,41826,4701.933131,2392,367,6945,96137,910131,106800,905120,3911,134,897128,236282,992141,4688,728,760141,5011,853,966----66,133138.13088,971160-598109,17156,173336.94814,098,077100,14410.617,214105,088361,96273,977375,70152,169566,10227,632784,8301,9216,23824,6281.813106.3112,663,2872,73230.551106,2451,021,47596,4291,225,054103,134324,393109,10910,712.915109,1292,637,645----43,621137,89757,12=23,98919,44276,86210,176,75320,3624,983,81623,630558,43319,982516,62418,2561,518,5684,676197,3171576036,47782523,6671,405,2102568,53923,659693,17220,3895U7,65522.975353.48123,9628,743,90923,9722,875,333----6,41778.92212,919253,176167

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars)Size of adjusted gross IncomeState and itemAli returnsUnder$15,0001$15,000under$30,000$30,00Dunder$50,000$50,OWunder$75,000$75,000undersloo,ooo$100,000uncler$20DAW$200,000or moret2lL3)(4)L5)A)"7"aWASHINGTONNumber of returns................. ............................Number with paid preparees signature...........'umber of exemptions .......................................Adjusted gross Income (loss deW)...................Salaries and wages:Number of returns ..........................................Amount ..........................................................Interest income:Number of returns ..........................................Amount ..........................................................Diviclends:Number of returns ..........................................Amount ..........................................................Net caphall gain (loss loss):Number of returns ..........................................Amount..........................................................Taxable pensions and annuities:Number of returns ..........................................Amount..........................................................Unemployment cornpensatlc~Number of returns...........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total Itemized deductions:Number of returns..........................................Amount..........................................................Medical and dental expense:Number of returns ......................................Amount ........................................... ; ..........Taxes paid deductions:Number of returns ............... ......................Amount ........................ : .............................Interest paid deductions:Number of returns ......................................Amount ......................................................Contributions:Number of returns ...............................Amount .......................................................Taxable income:Number of returns.............................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned Income credit:Number of returns..........................................Amount..........................................................Excess earned Income credt 3Number of returns ......................................Amount......................................................OverpaymentNumber of returns..........................................Amount ..........................................................Tax due at dme of filing:Number of returns ..........................................Amount ..........................................................See notes following Table 21.2,401.163969.2365,273,83782.319.9932,026,06061,500,1731,473,2313,093,569546.2161,630,252368,2284,053,482373,6704,536,38B263.780883,042347,80029,351695,6239,325,11 V110,232631,341676,5861,701,245631,9436,194,996604,8581,314,8182,000,29756,454,6612,034,81012,132,328224,143214,658172,272160,7451,554,1131,632,800687,9201,294,599817,612256,2371,191,3684,925,490637,9644,369.774335,929436,087105,438154,53262,278177,45993.5995M,56378,12123D,48383,7536,54239,740529,25825,194214.82634,72366,21527,749190,44724,06027,907437,3881,432,637468,604273.090143,723168,210139,109143,363591,463360,712142,46655,415592,452221,7621,266.53812,979,218496,9879,993,842324,068505,211100,536201,81666.200166,491105,7471.176,01382,759294,34174,7456,96896,886982,32234,841196.49291,636153,40180,309459.91476.710101.249573,7827,019,549576,7941,142.73780,42048,44833,18317,382407,187321,64416D.562125,905601,337223,3321.317,50119,661,613449,70116,060,387369,957531,886123,129248.60180,071309,18783,6721,176.96164,43222D.32086.0607,1702CF7,7032.167,93631,551122,928202,572374,064191,6431,265,408177,772248,730499,77912,970,415499,9772,219,024----314.30542D,968167,950208,598 1303,387150,513921,91718,319,957278,16315,031,082265,158464,671108,470238,35770,711425,59755,877886,03330,092104,83957,9095,377200,4492,497,03313,90757,378198.018463,568190,5711,505,196183,224309,270303,12913,128,277303,1632,446,081----168,246272,906122~045238,183100,39854,744309,2088,550,18791,1336,689,57194.516251,64250,249141,36135,677346,16818.918350,9605,87822,37721,2701,86480,1141,244.9423,16618,90079,466239,04376,244727.70575,622168.295100,3236,405,1041 0D.34I1,417,797--44,39897,42949,880160,41366,25245,385206,0958,670,76456,3065.553.38264,151357,03242,747226,09837,657717,01412,719281,0222,2639,57718.3591,70055,3161,172,0981,39115,70254,901235,45651,537665,98852,700191,27066,1936.992,58666,2221,787,002--23,62493,81134,735230,411 119,72517,26361,2109,212,76515,8063,802,13419,452547,04115,647419,48715,6341,911,5643,13892351,1065,70473015,415731,5381825,11515,270169,49813,89038D,33814,770268,09719,7038.426,09519,7092,846,627--4,89065,32910,282274.673168

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are in thousands of dollars]Size of aclusted gross IncomeState and ftemAll returnsUnder$15.OW I$15,000under$30,000$30,000under$50.000$50,000under$75,W0$75,000under$100,000$100,000under$200,000$200,000or moreL2)t3)(4)15Af6iL7)J8AWEST VIRGINIANumber of returns ..............................................Number with paid preparer's signature...........Number of exemptions.......................................Adjusted gross Income (less deficit) ...................Salaries and wages:Number of returns..........................................Amount ..........................................................Interest Income:Number of returns..........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (loss loss):Number of returns..........................................Amount..........................................................Taxable pensions and annuities:Number of returns..........................................Amount..........................................................Unemployment compensation:Number of returns..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F).................Total itemized deductions:Number of returns..........................................Amount ..........................................................Medical and dental expense:Number of returns ......................................Amount......................................................Taxes paid deduclions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ......................................Arnount. .....................................................ConttibutiDns:Number of returns ......................................Amount......................................................Taxable Income:Number of returns..........................................Amount..........................................................Total tax liability:Number of returns..........................................Amount..........................................................Earned income credit:Number of returns..........................................Amount..........................................................Excess earned Income credit: 3Number of returns ......................................Amount......................................................Overpayment:Number of returns...........................................Amount..........................................................Tax due at time of filing:Number of returns..........................................Amount.... . ................. ..........................See notes following Table 21.695,300295,3901,585,48518,543,327582,90714,300,866377,630644,219120,204347,25559,981367,801125,7151,181,09772,940205,61288,94711,90696,7681,203,93011,71995,11995,560389,02379,408419,806'81,210195,342533,79111,662,425551,2992,327,956101,22999,32379,60275,506518,585496,081135,379184,241298,336112,291501,9562,097,181228,8241.531.529111,345148,95227,49535,87012,88815,40348,029284AN25,42261.09031,2973,9964,24944,6332,59520,7133,5723~W2,11311,4282,2933,278141.259425,015158,42382,80665,71277,08964,04767,024238,269161.07836,84212,996176,70375,940435,7443.826,457150,5922,963,22694.060150,18424,95249,78912,52328,86037,087382,08525,18880,25521,3363,11511,779120,9603,73922,37911,463142848.27434,1228,40114.156172,4581,898,289172,838305,47035,51722Z415,5558,482136,095123.35234,69824,939129,57559,011364,9505,033,61912D.1624,286.61592,096119,39928,39656,93613.13142.23222,471258,33316,8374828118,3812,81227,031247,8853,27315,76726,88155,0752ZS58102,15921,89736,244129,4293,360,484129X9548,342----94,830111,87130,73231,29562,42930,338193,4013,733,27758,5973,192.70653,41683,22822,40752,18410,02246,07012,056151,3914,74413,50210,0581,33930,190343,8721,53330,31730,15197,92627,101131,75026,81851.41362,3972.779,58162,400510,323----40,09963,48219,85332,77015,5738.26548,6421,318,01214,2651,039,93014,49335.0637,98029,9434,32533,0253,36651,7045561,7743,3013491 1,T72153,5333792,75611,76058,06110,09456,73310,82425,45515.5661,031,35015,567227.370----7,38614,8997,03720,0349,4756,64730,0181,245,4987.892739,3569,05446,6916,32452,2584,71562,6702.05839,0751736163,1852088,617161,1951742,5458,60673,2976.72D51.6498,02D30,2609,4741,015,2159,474269,731----3,20811,9494,61229,5183,2092.89810,T741.289,2822,575547~5043,16660.7012,65070,2742,377139,54264813,62220921,389873,130131,852266423,12786,7912,24831,9652,95734,5363,2081,152,4913.208382.914--7009,4501,60532.690169

.Selected- Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Contlnued[Money amounts are In thousands of dolterrs)Size of acQusted gross IncomeState and item AM returns Under $15,000 $30,000 $50,000 $75,000 $100,000 $200,000VASCONSIN$15,000 1 urider$3D.000 under$50,WO under$75,000 under$100,000 uncler$200,000 or more(1) (2) (3) (4) (5) (6) (7) (8)Number of returns 2,294,126 IM53,374 558,761 473.241 273,030 74.016 46,251 15,463Number with paid prepames signature........... 1,110,732 358,678 271,539 254.990 147.516 41,515 31,897 13,597Number of exemptions ....................................... 4,950,024 1,142,206 1,179.310 1,316.694 868,566 240,491 152,121 50,636Adjusted gross income (less deficit)................... 7ZI99,663 5,401,232 IZ174.759 18,803,997 16,389,515 6,288,608 6,06D,700 7,3013,861Salaries and wages:Number of returns .......................................... 1,976,609 665.916 484,610 259,469 69,246 41,700 13.667Amount ......................................................... 56,454,394 4,=,106 0,572,258 15,854.035 14,103.799 5.096,019 4,181,421 3.309,755Interest Income:Number of returns .......................................... 1.583,040 449.795 359,073 388,373 253,781 71.431 45,261 15,326Amount.......................................................... 2,571,774 518.231 523,989 455.689 338,763 158,286 204,503 372,312Dividends:Number of returns .......................................... 579,185 135,154 - 114,408 132,369 110,572 41,278 32,284 13,120Amount............................................ .............. 1,472,183 161,204 206,927 229.224 215,461 123.155 196,463 339,758Not capital gain Qess loss):Number of returns .......................................... 33D,379 73.237 68,858 70.782 56,527 24.553 24,667 11,775Amount.......................................................... 2,514,976 161soo 223,1 286,439 304,659 207,933 367,557 .963,438Taxable pensions and annuilles:Number of reftims ................................. ........ 342,323 114,704 100,327 67,909 37,652 10,997 7,882 21852Amount.......................................................... 3,090.661 581,299 922,755 745,988 462,982 167,630 140,046 69,961Unemployment oompensadon:--Number of returns .......................................... 234,226 55,823 75,526 68,190 29,362 4,078 1,134 113Amount.......................................................... 538,259 128,596 181,597 152,757 61,068 8,827 3,054 361Number of sole proprietorship returns ................ 274,376 69.253 62,290 70,596 42,605 13,999 11,695 3,939Number of farm returns (Schedule F)................. 71,830 26,175 20,470 15,161 6,687 1.709 1,1.72 456Total Itemized deductions:Number of returns .......................................... 736,912 3~,615 99,753 239,631 228,911 70,592 45,229 15,181Amount.................................. ....................... 9,886,227 570,501 1,044,109 2,309.707 2,766,924 1,159,418 1,144,704 890,865Medical and dental expense:Number of returns................. .................... 99,965 27,007 -34,875 26,428 9,078 1,727 747. 103Amount................................. 748,554 243,985 334,610 100,796 41,322 12,4i7 11,511 3,894Taxes paid deductions:Number of returns...................................... 730,619 33,987 98,121 23B.881 228,709 70,558 45,193 15,170Amount........................................... .......... 4,741,695 109,440 308,391 1,045,337 1,398,977 601.910 663,040Interest paid deductions:Number of returns ...................................... 603,727 17,227 .70,862 205,299 201,560 60,678 36,822 11,279Amount...................................................... 2,938.219 162,i02 240,134 797,565 916,129 353,768 301,167 166,555Contributions:Number of returns ...................................... 658,551 26,499 81,335 210,521 213,782 67,885 43,1/i7 14,792Amount...................................................... 1,131,760 28,712 89,583 222,663 276,377 130,512 W,104 237,810Taxable Income:Number of returns.............................. * ........... 1,924,319 498,747 544,860 472,194 272,881 73,985 46,223 .15,449Amount ............................................. -: .......... 47,094,017 1,491,989 6.629,385 12.007.599 11,350,967 4,563,914 4,662,328 6,397,834Total tax liability:Number of returns.......................................... 1,957,612 529,072 547,849 472,124 272,885 73,997 46,236 15,449Amount .......................................................... .9,625,114 271.842 1,992,488 2,028,463 973,119 1.170.606 2,118.126Earned Income credit:Number of returns.......................................... 189,831 114,702 75,129 - - -Amount .......................................................... 182,548 135,607 46,941Excess earned income credit: 3Number of returns ................. : .................... 140,547 111,400 29,147Amount.............................. ....................... 128,351 113.275 15,076Overpayment:Number of returns.......................................... 1,546,968 614,738 400,318 311,599 163,651 34,126 18,360 4,176Amount .......................................................... 1,385,413 322,178 303.347 338,727 240,156 69,115 65,916 45,974Tax due at time of filing:Number of returns.......................................... 603,219 153,473 135,716 146,372 100.293 35,953 23,045 8,367Amount .......................................................... 852,011 45.845 98,674 154,523 158,810 96,284 125,522 172,353See notes following Table 21.170'

Selected Historical and Other DataTable 2.-Individual Income and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993--Continued[Money amounts are in thousands of dollars]Size of adjusted gross incomeState and ftemAll returnsUnder$15,0001$15.OODunder$30,000$30,OODunder$50,000$50,000under$75,000$75,000urider$100,000$100,000under$200,000$200,000or moreWYOMING11)U2t3)L4)B)L6)"7Number of returns..............................................Number with paid preparer's signature ...........Number of exemptions .......................................Adjusted gross income (less deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns..........................................Amount..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (less loss):Number of returns..........................................Amount ..........................................................Taxable pensions and annuities:Number of returns..........................................Amount..........................................................Unemployment compensation:Number of returns ..........................................Amount..........................................................Number of sole proprietorship returns................Number of farm returns (Schedule F) .................Total itemized deductions:Number of returns ...........................................Amount..........................................................Medical and dental expense:Number of returns ......................................Amount ......................................................Taxes paid deductions:Number of returns ......................................Amount......................................................Interest paid deductions:Number of returns ......................................Amount......................................................Contributions:Number of returns ......................................Amount......................................................Taxable income:Number of returns ..........................................Amount..........................................................Total tax liability:Number of returns ..........................................Amount..........................................................Earned income creditNumber of returns ..........................................Amount..........................................................Excess eamed income credit: 3Number of returns......................................Amount ......................................................Overpayment:Number of returns..........................................Amount ..........................................................Tax due at time of filing:Number of returns..........................................Amount ..........................................................See notes following Table 21.214,119106,603485,3426,483,405181,5954,640,033126,585279,56250,496205,64133,565461,35830,587319,20315,06333,84035.9518,86237.193450,3538,35242,10035,41255,47331,525202,97130,886102,192169,9664,463,899175,125967,59624,37323,61718,65717,320140,3151 Z7,55258,747108,55586,89736,018123,109422,88169,581451,55536,80644,80811,44118,4337,57125,6558,37146,7405,25111,45110.1423,1772,63726,4921,90012.3092,0752,0331,5017,8331,4251,85744,454130,02649,26626,10315,39518,12414,89715,30164,56839.04013,9385,03150,08125,296122,1751,091,17142,469839,78628,23545,5109,70120,2176.93521,7948,63286,2905,48412,7718,6982,1505,48548,9612,50212,8694,9563,8023,92617,7294,0266,30748,461549,93548,79591,8608,9785.4933,7702.01933,88328,32713,85011,87041,96422,993125,4131,648,95338,0921,360,13430,37243,19312,02824,0717,35629,7306,99085,5263,1946,9598,7371,87211,070101,9152,5639,85510,6989,9119,63149,5569,10416,00341,8911,085,08441,900182,459----25,66628,03114,6441 8_49024,03414,04478,6991.439,54722,2301,188,23420,54634,99810.21222,4515,87236,6574,35056.2449682,2015,05697511,096118,9261,0614,38910,91312,59610,29862,6089,89819,67024,0241,069,31424,025199,763----12,85419,24310.09620,2206,0814,00119,862514,3275,396370,0505,67816,8213,42113,0832,32125,9311,27821,8841183181,4652913,67146.0542191,3123,6125,4823,40124,1293,3999,3496,078409,1476,08191,951----2,2124,5503.35913.0913,7423,02112,061494,8962,934243,1673,64328.1812,58322,5612,37458,00372215,277451281,3342702,39042,445941,0142,3336.7982,08920,2342,22410,7773,740418,6563,740110,725--9234,8652.18118.5401,3201,2304,023871.631893187,1071,30366,0531,11084,8241,136263,688244724131251912784465,5601335282514,85267920,88381038.23D1,318801.7371,318264,735--2113,50667921.312171

Selected Historical and Other DataTable 2.-Individual Income 'and Tax Data by State and Size of Adjusted Gross Income, Tax Year 1993-Continued[Money amounts are In thousands-of dollars]Stale and RomPTNER AREAS 4Number of returns..............................................Number with paid preparees signature...........Number of exemptions.......................................Aclusted gross Income (loss deficit)...................Salaries and wages:Number of returns ..........................................Amount..........................................................Interest income:Number of returns ...........................................Amount ..........................................................Dividends:Number of returns..........................................Amount ..........................................................Not capital gain (loss loss):Number of returns...........................................Amount..........................................................Taxable pensions and annuities:Number of returns..........................................Amount~- .....................................Unemployment compensation:Number of returns ..........................................Amount............................ :.............................Number of scie proprietorship returns ............Number of farm returns (Schedule F) .................Total itemized deductions:AJI returns(1)1,056,738325,8592,003,95423,872,360726,82430,236,116465,579939,746188,246758,548101.5081.370,07274,468-1,058.82713,89951,84251.0222,201Under$15.000,t2)670,223172.609989,1641,324,463377,4986,950.528206,960200.40466,295100,07035,45680,58228,380-207,4856-9,3422,92826,0811,014$15,000urider$30.,000J34184,19350,091459,6433,871,214163,5694,371,82197,284118,34730.34071,34613,16454,23119,276-----276,259-4,00415,4339.071246$30,000under$50,000(4)93,54233,290256,2673,612,33485,4164,065,009Size of adjusted gross Income66,158107,52729,35076,58412,9387Z46911,831212,8621 A237.5595,779248$50,000under$7S,000(5)46,70922,590133,7712,831,41943,0113,193,94639,06493,57221,90074,98111,29180,1627,557156,7128063,2783,898217$75,000under$100,00021,56413,47762,4531,858,24320,0382,116,54118,91956,31311,95551,0137,06465,8403,10072,8882961,1892,077129$100.ODOunder$200,00027,03021.57681,5583,702,73025,1614,249,00324,54298,94517,785105,35112,725175,2623,10178,9072721.1822,632205$2DO.000or more(8)13,47712.22641.0986,671,956.12,1315,289,268Number of returns ................................ 214.513 93,509 30,804 26,433 21,324 13,083 19,404 9,956Amount ......................... : ........................... 2,235,628- 449.094 218,227 258,454 270,497 205,860 395,180 438.316Medical and dental expense:Number of returns ........................... .......... 11,225 3,960 2,902 2287 1,257 482 291 46Amount...................................................... 129,407 91,764 12.254 11,298 7,191 3.046 3,180 674Taxes paid deductions:Number of returns.......................:.............. 165,623 62,360 24.889 22,343 18,506 11,622 17,204 8,699Amount ...................................................... 600,658 51,494 39,733 57,247 68,229 59,715 129,327 194,913Interest paid deductions:Number of returns...................................... 7,062 9,038 12,418 12,246 7,741 11,863 6,807.Amount ...................................................... . 749,431 129,091 61,722 91,159 97,381 70,240 134,038 165,801Contributions:Number of returns...................................... 93,046 19,524 13,739 15,959 14,310 8,877 13,287 7,350Amount............: ......................................... 217,232 9,784 17,559 26,491 29,186 20,008 36,547 77,658Taxable income:Number of returns .......................................... 585,455 208,722 175,169 92,974 46,583 21,531 27,007 13,469Amount................... :...................................... 17,950,599 SZ7.576 1,852,862 2,406,299 2,111,233 1,462,828 3,095,137 6,194,664Total tax fiabifiW.Number of returns.......................................... 645,030 285,699 165,944 86,492 45,354 21,294 26,823 13,424Amount.......................................................... 3,370,389 293,187 267,878 354,690 349,092 264,751 535,843 1,304,948Earned Income creditNumber of returns.......................................... 17,951 10,368 7,585Amount .......................................................... 14,965 10,70D 4,1 :6Excess earned income creft 3Number of returns.................. ................... 14,104 9,987 4, 7Amount ...................................................... 11,736 9,687 2,G490~amavmant:iNumber of returns .......................................... 41 7 272,985 125,538 53,401) zz,tsib122,280 84,184 48,'2~040Amount.......................................................... ::3 217,279 56,717 33.219 58,162Tax due at time of filing:Number of returns .......................................... 243,026 119,158 42,906 31.219 20,124 10,068 13,065 6.486Amount...................................................... 440,062 85,131 29,611 36,771 42.233 33,563 76.652 136,103NOTES: See the 'Bulletin Board" at the beginning of this Issue of the SOI Bulletin for Information about the comparability of the data in this table with other Bulletin data. AJso, see thenotes following Table 21.12,652264,63810,621279,2038,870841,5051,22353,714642741,484142172

Selected Historical and Other DataTable 3.-Number of Individual Returns, income, Tax and Average Tax by Size of Adjusted Gross Income,Tax Years 1990-1993[AU figures are estimates based on sampies--money amounts are in thousands of dollars except as Indicated)AdjustedTotalSize of adjusted Number of returns gross Income Taxable Income incomegross income 11 tax ,1990 1991 1990 1991 1990 1991 1990(2) (3) (4) (5) (6) MTotal ..................................... ......... 113,717,138 114,730,123 3,405,427,348 3,454AKU9 2~M,1361,230 2,7M,087,935 447,126,703No adjusted gross income 2 ................. 904,876 926.020 .45,809,664 .61,617,151 - - 65,656$1 under $1,000................................... 2.782,846 2,849,361 1,712,429 1,683,768 147,900 116,682 22,287$1,000 under $3,000............................ 7,378,581 7,083,,c25 14,608,168 13.883,582 1,051,956 972,640 178,856$3,000 under $5,000 ........................... 6,316.845 6,136.013 25,176,442 24,519,899 2,187,015 1,738.887 348,603$5,000 under $7,000 ........................... 6,004.236 6,103,154 36,020,822 36.691,283 4.814,969 41,069.2% 758,873$7.000 under $9,000 ........................... 6,025,5W 6,100,223 48.176,536 48,748,999 10,116,781 9,716,366 1,509,5(Y7$9,ODO under $11,000 ......................... 5,890,809 5,870.M 58.9W,288 58,581,732 16,222,041 15,035,511 2,303,211$11,000 under $13,000 ....................... 5,572.651 5,572,994 66,925,640 66,796,371 23,356,241 20,520.281 3,180,191$13,000 under $15,000 ....................... 5,382,371 5,363,932 75,300,193 76.239.187 31,079.932 29,156,451 4,118,295$15,D00 under $17,000 ....................... 4,686.440 5,104,491 74,942,191 81,613,352 35,853,156 36,318,492 4.841,520$17,000 under $19,000 ....................... 4,656,276 4,4T7,972 83.SD6,510 80.625,320 42,919,171 39,149,865 6~066.851$19,000 under $22,000 ....................... 6,307,571 6,106,224 129,109,902 125,067,606 71,719,655 66,638,998 10,600,417$22,000 under $25,000 ....................... 5,465,258 5,591,888 128,101,382 131,214,635 76.920,473 74,990.961 11,257,831$25,000 under $30,000 ....................... 7,838,226 7,873,619 215,207.576 216,086,077 133,528,020 131,461,525 20.557,462$30,000 under $40,000 ....................... 12,282,787 12,346,753 426,384,692 429,097.816 280,504M 279,498,354 45.303.447$40,000 under $50,000 ....................... 8,837,067 8,816.813 394,730,512 393,548,840 270,44%M 266,283,650 44,851.709$50,000 under $75,000 ....................... 10,944,102 11,390,205 657,214,261 685,643,232 466,517,729 481,213,2D4 87,241,466$75,000 under $100,000 ..................... 3,276,142 3,571,629 279,524,997 305,015,139 2DS,237,566 221.961,125 44.375,252$100,000 under $200,000 ................... 2,329,562 2,597,908 305,567,590 339,097,W4 230.497,142 258,310,875 67,823,643$200,000 under $500,000 ................... 644,027 676,038 188,004,834 196.264,221 152.667,211 165,216.471 43,437,775$500,000 under $1.000,000 . ......... . . . 130,252 118,350 87.142,014 79,606,495 74,316,528 69,658,824 20.942.219$1,000,ODO or more ...... ..... ................... '' I60,677 52.019 1 164,676,032 127,116,380 1 134.56%M 112,069,567 I 37.341,734Total Percentage of Returns showing if Income taxSize of adjusted income returns showinggross income tax I no total Average tax (whole dollars) Tax as percentage of AGI I-Continued income tax 11991 1990 1991 1990 1991 1990 1991(8) (9) (10) (11) (12) (13) (14)Total ............................................... 448,429,593 21.0 22.7 4,976 5,W4 13.6 13ANo adjusted gross income 2................. 80940 99.2 99.1 8,876 9,861 (3) (3)$1 under $1,000................................... 17:637 74.0 77.2 31 27 4.0 3.4$1,ODO under $3,DDO............................ 162.746 72.8 74.5 89 90 4.7 4.7$3,OW under $5,0W ........................... 275,433 65.7 69.0 161 145 4.0 3.6$5,000 under $7,000 ........................... 633,850 42.2 49.5 219 205 3.6 3.3$7.000 under $9,000 ........................... 1,474,313 40.2 38.6 419 394 5.3 4.9$9,000 under $11.000 ......................... 2,155,525 37.6 40.1 626 613 6.3 6.1$11,000 under $13,000 ....................... 2,804,309 30.3 34.6 818 769 6.8 6.4$13,000 under $15,000 ....................... 3,843,145 24.4 28.5 1,012 1,002 7.2 7.1$15,000 under $17,000 ....................... 4,686,613 11.5 21.3 1,167 1,167 7.3 7.3$17,000 under $19,000 ....................... 5,283,917 5.3 11.5 1,376 1,333 7.6 7.4$19,000 under $22,000 ....................... 9,608,292 2.3 3.2 1,720 1,626 8.4 7.9$22,000 under $25,000 ....................... 11,131.373 1.2 2.3 2,085 2,038 8.9 8.7$25,000 under $30,000 ....................... 19,978,743 1.1 1.2 2,663 2,568 9.7 9.4$30,000 under $40,000 ....................... 45,090,210 0.5 0.8 3,708 3,681 10.7 10.6$40,000 under $50,000 ....................... 43,457,571 0.3 0.3 5,090 4,943 11.4 11.1$50,ODO under $75,D00 ....................... 87,835.843 0.2 0.3 7,986 7,732 13.3 12.8$75,000 under $100,000 ..................... 47,012,249 0.1 0.1 13,563 13,172 15.9 15.4$100,000 under $200,000 ................... 62,842,884 0.2 0.2 24.865 24,239 19.0 18.6$200,000 under $500,000 ................... 46,262,078 0.1 0.1 67,544 68,6W 23.1 23.6$500,000 under $1,0MODO ................ 20,490,663 0.1 02 161,017 173,419 24.1 25.8$1,000,000 or more **0064ooeaam6wm*w11w~ 33,301,257 1 0.2 1 0.2 1 616,496 1 641,284 1 24.2 126.3See notes following Table 21.173

Selected Historical and Other DataTable 3.-Number of Individual Returns, Income, Tax and Average Tax by Size of Adjusted Gross Income,Tax Years 1990-1993-Continued[All fioures; am estimates based on samples--money amounts are in thousands of dollars except as indicated)AdjustedTotalSize of adjusted Number of returns gross income Taxable income incomegross income (AGI) tax I1992 p1993 1992p19931992p199319921(15) ---7l-6T-----717) ---Tl87 - ----F197-----T20T (21)Total ............................................... 113,604,503, 114,626,932 3,629,129,1550 3,724.134,WO 2,"505,90 7 2,450,345,838 476,238,785No adjusted gross income 2................. 951,744 899,576 -51,422,468 -39,941.147 - -- 76,028$1 under $1,ODO ................................... 2,563,007 2,617,110 1,545,812 1,569,233. 90,769 85,086 14,421$1,000 under $3,000 ............................ 6,568,092 6,492,306 13,012,521 12,880,964 916,764 679,816 147,896$3,000 under $5,000 ........................... 5,889,687 5,758,399 23,515,915 22,955,712 1,321,361 1,311,328 214,065$5,000 under $7,000 ........................... 5,962,134 5,832,307 35,835,937 35,032,672 3,614,665 2,928,191 552,261$7,000 under $9,000 ........................... 5,908,675 5,989.237 47,240,900.' 47,756,106 7,814,798 7.232,377 1.166,151$9.000 under $1 1,0D0 ......................... 5,693,569 5.706,718 56,810.810. 56.947.989 12,876,325 12,539,860 1,879,954$11,000 under $13,000 ....................... 5,582,747 5,480,967 66,943.733 65,S69,582 19,106,902 18.277.830 .2,656,280$13,000 under $15,000 .' 4,967.703 5.192~03 69,477,071 72,488,879 24,702,714 24;320,436 3,303,921$15,000 under $17,000 *"*"'*** *'****** 4.871,439 4.867,349 77,887,474 77,789,167 32,159,891 29,691,292 4,203,490$17,000 under $19,000 ....................... **'*'*** ..........* .4,506,152 4,306.795 80,973,334 77,478,727 36,829,811 34,431,684 4,877,504$19,000 under $22,000 ....................... 6,214,933 6,257,528 .127,304,158 128,010,091 64,415,972 64,561,978 9,065.162$22,000 under $25.000 ....................... 5,450,958 5,421,812 128,013,327 127,299,439 70,888,046 70,441.056 10,471,162$25,000 under $30,000 ....................... 7.590,154 7,784,507 208.225,889 212,829.572 123,555,002 124,483,347 18,482.005$30,000 under $40,000 ....................... 12,324.990 12,399,060 428,478,262 430,503,292 274,011,013 273,725,564 43,730,622$40,000 under $50,000 ....................... 9,008.646 9,045,705 403,103,550 404,133,529 269,211,742 269,500,824 43,621,782$50,000 under $75,ODO... ................ 1 11,796,348 12,259,028 712,270,449 742,040,878 495,922,686 518,290.989 88,455,492-$75,000 under $100,000 .... ......... -.-1 3.988,202- -4.232,668- 340,631,134- 360,381,832 247,431.448 263,681,909 51,552,937$100,000 under $200,000 ............. ! 1 2,810,579 3.104,040 368,372,099 407,393.261 280,674,802 313,819,811 67,445,248$200,000 under $500,000 ................... f 746,344 7-i3,993 218.604,18D 225,076,305 186,065,353 191.926,321 52,053,401$5W,000 under $1,000,060 ................. 141,159 139,977 95,365,741 93,466,534 84,322,055 82.769,328 24,779,821$1,000,000 or more ............................ 67.M 65,646 176,939.720 162,371,663 159,703,788 145,646,812 47,489,182Total Percentage of Returns showing total income taxSize of adjusted income returns showinggross income tax I no total Average tax (whole dollars) Tax as percentage of AGI--Continuedincome taxp1993 1992 p1993 1992 p1993,1992p1993---T- 22) -(23) ---(24T-----725- ) -(26) -(27) -(28)Total ............................................. 501,177,140 217 24.6 5,491 5,796 13.7 14.1No adjusted gross income 2................ 32,476 992 99.5 10,170 7,877(3)(1)$1 under $1,000 ................................. ! . 19,401 78.3 81.1 26 39 3.2 4.7$1,000 under $3,000 ........................... 110,800 74.8 77.0 89 74 4.7 3.9.$3,000 under $5,000 ....................... - I .. 225,251 72.5 73.9 132 150 3.2 3.7$5,000 under $7,000 ......................... .. 443,836 57.5 63.9 218 211 3.5 3.4$7,000 under $9,000 ........................ 1,147,236 40.9 42.7, 334 334 4.2 4.2$9,ODO under $11,000 1,842,156 43.6 44.8 597 585 5.9 5.9$11,000 under $13,000 ................... 2,584,165 37.9 37.5 766 755 6.4 6.3$13,000 under $15,ODO 3,221,660 30.7 33.1 960 92B 6.9 6.6$1 5,00D under $17,000 .................... 3,805,227 26.8 31.7 1.180 1J45 7.4 7.2$17,000 under $19,000 ................... 4,429,316 15.4 20.7 1,280 1,297 7.1 7.2$19,000 under $22.000 ........................ 8,955,279 6.1 7.4 1,553 1,546 7.6 7.5$22,000 under $25,000 ................... 10,371,674 2.0 2.0 1,959 1,951 8.3 8.3$25,000 under $30,ODO .......... 18,533,364 1.8 1.6 2,479 2,419 9.0 8.8$30,000 under $40,ODO ............... ... 43,388,723 0.7 0.5 3,573 3,519 10.3 10.1$40,000 under $50,000 ................... 43,453,414 0.3 0.4 4,857 4,821 10.9 10.8$50,000 under $75,000 ................... 1 91,317,872 0.2 0.2 7,517 7.467 12.4 12.3$75,000 under $100,000 ................ 54,286,647 0.1 0.1 12,936 12,834 15.1 15.1$100,000 under $200,000 .............. 75,1371,034 0.1 0.1 24,022 24,310 18.3 18.5$200,000 under $500,000 f 57,855,363 0.1 0.1 69,814 74,813 23.8 25.7$500,000 under $1,000,OOD .......... 28,315,813 0.1 0.1 175,695 202,408 26.0 30.3$1,000,000 or more ......................~f 1,466,436 0.1 0.0 706,716 784,334 26.9 31.7See notes followirig Table 21. .174

Selected Historical and Other DataTable 41.-Reconcillation of Adjusted Gross Income (AGI) and Personal Income Used In the National Income andProduct Accounts (NIPA), for Specified Years, 1970-1992[All figures are estimates-money amounts are In billions of dollarslIncome and adjustment items 1970 1975 1980 1985 1990 11991r 1992p(1) (2) (3) (4) (5) (6) M1. Personal Income (per NIPA) .................. . ................................ 831.0 1 X7.3 2,26&4 3,379.8 4.67&8 4.860.3 5,154.32. Portion of personal Income not Included In AGI .................. 179.7 346.0 603.7 1,039.4 1,342.8 1,490.3 1,69&0Transfer payments (except taxable military Day andtaxable Government pensions) ......................................... 77.0 171.6 282.1 407.4 558.3 625.8 693.7Other labor income (except fees) .......................................... 31.9 65.0 138.0 188.5 269A 294A 323.9Imputed income' 252 32.0 47.6 662 83.7 97.3 109.8Investment income * received by nonprofit institutions ...... or * *retained by fiduciaries ....................................................... 7.5 11.1 19.9 32.6 50.5 52.4 48.6Investment income retained by life insurance carriersand noninsured pension funds 2 .................................... ..... 125 23.5 58.7 122.1 192.7 199.8 202.5Net differences in aocounfinq treatment (NIPA vs. IRS)........ 10.0 17.8 15.3 89.9 94.3 8119 79SOther excluded or tax exempt income ................................... 15.8 24.9 42.1 132.6 9&5 131.7 137.03. Portion of AGI not Included In personal Income .................. 47.1 8&9 167.0 303.1 521.6 SMA 589.2Personal contributions for social insurance ........................... 27.9 50.4 88.6 149.1 224.9 236.2 248.7Net capital gain less loss from sales of property.................... 7.8 13.9 27.1 60.9 107.6 94.3 101.4Taxable private pensions ...................................................... 6.3 14.0 32.7 90.2 139.2 151.7 160.8S Corporation income (taxed through shareholders)less loss ............................................................................. 1.7 2.1 0.7 6.3 36.4 34.3 47.0Other taxable income less loss ............................................. 3.4 5.4 7.9 -3.4 13.6 13.9 31.44. Total not adjustment for conceptual dififerences(line 2 minus line 3) .......................... .................................. 132.6 260.1 446.7 736A 821.2 959.9 1,00&8S. Estimated total AGI (per NIPA)(line 1 minus line 4) ....................... ..................................... 696.4 1,047.1 1,81 &7 2.84&5 3.852.6 3,W0.4 4,1411.66. Adjusted gross Income (AGI) (801) ........................................ 631.7 947.8 1,61 &7 2,30&0 3,40&4 3,464.5 3,639.57. Estimated difiference In!G1 .....!NfpA . ......... vs. .. SOI~ .... .................. ... .... I(line 5 minus line 6)6&7 99.4 205.0 3V.5 "7.1 4W.8 M.2See notes follovAng Table 21.175

Selected Historical and Other DataTable S.-Personal. Income and Total Adjusted Gross Income.Based on Individual Income Tax Returns perNational Income and Product Accounts (NIPA), Tax Yeare 1947-1994[Al figures are esfirnates-rnoney arnounts are In billions of doDarslTotalDifferenceTax Personal incorne adjusted gross Percentage ofyear (par NIPA)' Incorne (AGI) ArnounP personal(per NIPA)'-'incorn93111 (2) (3) (4)947....................................................................... 190.1 170.0 20.1 10.61948 . .......................................................209.0 183.2 25.8 12.3............ ...1949....................................................................... 2D6.1 180.9 25.2 12.21950....................................................................... 227.8 2D1.9 25.9 11.4951 .................................................................256.5 228.7 27.8 10.8......1952 ......... .............................................................. ZW 241.1 32.6 11.91953 ...................................................................... .290.4 255.5 34.9 12.0..1954 ....................................................................... 293.0 256.8 362 12.41955 ....................................................................... 314.5 278.5 36.0 11.4.1956....................................................................... 337.5 299.4 38.1 11.3957 ................................... ................................356.5 312.8 43.7. 12.3...1958 ..................................... ...........................3672, 316.5 50.7 13.8......1959....................................................................... 3912 3382 52.9 13.5960 . .................................................................409.2 350 9 .58.3 14.3.... .1961 .............................................................426.5 364.8 '61.7 14.5..........11962.............453.4 386.7 66.7 14.7..............:**",**'****"*..... **"*"*... ,.... ***1963 ...........................................................476.4 40M 68.2 14.3............1964 ....................................................................... 510.7 441.5 692 13.51965 .....................................................................552.9 478.9 74.0 13.4...-1966 .. .................................. .........................- ----601.7 -520.3 81.4- 13.5---1 ............. .967 .......................................................... 646.5 554.5 92.0 14.2.............1968 .................................................................709.9 607.9 102.0 14.4......1969....................................................................... 773.7 662.6 111.1 14.41970 .....................................................................831.0 698.4 132.6 16.0..971 ............................................................893.5 744.0 149.5 16.7...........1972 . ......................................................980.5 824.3 1562 15.9............... .1973 . ...............................................................1098.7 926.0 172.7 15.7...... .1974........................................................................ 1:2D5.7 1,004.1 2D1.5 16.71975 ..................................................1,3073 1,047.1 260.1 19.9.....................1976 ..........................................................1,446.3 1,166.8 279.5 19.3.............1977 ............................................................1,601.3 1,293.3 308.0 19.2...........1978 ...................................................1.807.9 1,465.6 342.3 18.9....................1979 ....................................................................... 2,033.1 1,651.7 '381.4 18.81980 ..........................................................2,265.4 1,818.7 446.7 19.7.............1981 .......................................................Z534.7 2,001.8 532.9 21.0................1982 .....................................................2,690.9 2,077.5 613.4 22.8..................1983 ........................................................2,862.5 2,227.1 635.5 22.2...............1984........................................................................ 3.154.6 2,454.7 699.9 22.21985 .............................................................3,379.8 2,643.5 736.3 21.8..........1986 ...................................................................3,590.4 2,880.6 709.9 19.8....1987 .........................................................3,802.0 3,165.5 636.5 16.7..............1988 ..............................................................4,075.9 3,4412 634.8 15.6.........1989 ...................................................................... 4,380.3 3,690.6 689.7 15.81990 ........................................................4,6~3.8 3,852.6 8212 17.6...............1991 ...... ................................................4,860.3 3,90D.4 959.9 19.7.............1992 .................. -* ................................................ 5,154.3 4,148.6 1.005.9 19.5p1993................ **"*........... 5,375.1 n.a. n.a. n.a.pl 994..................................................... ........... 5,761.8 In.a.IIn.a. n.a.See notes follovving Table 21.176

Selected Historical and Other DataTable 6.-Total Adjusted Gross Income Estimated from National Income and Product Accounts (NIPA) andAdjusted Gross Income Reported on Individual Income Tax Returns per SOI, Tax Years 1947-1993[All floures are estimates--money amounts are in billion s of dollars]Achusted aros ; income (AGO Difffe neeTax year)tEll lpReported an taxPercentage(per ToN rehims (per S01)2 Arnount2 oftotaP(1) (2) 13) (4)947 ........................................................................... 170.0 149.7 20.3 11.91948 .......................................................................... 183.2 163.5 19.6 10.71949 ........................................................................... I 8D.9 160.6 20.4 11.3950 ........................................................................... 201.9 179.1 22.7 11.21951 ........................................................................... 228.7 202.3 26.4 11.5952 .......................................................................... 241.1 215.3 25.8 10.71953 ........................................................................... 265.5 228.7 26.8 10.51954 ........................................................................... 256.8 2292 27.5 10.71955 ........................................................................... 278.5 248.5 30.0 10.81956 ........................................................................... 299.4 267.7 31.7 10.61957 ........................................................................... 312.8 28D.3 32.4 10.41958........................................................................... 316.5 281.2 35.3 11.21959 ........................................................................... 3382 305.1 33.1 9.81960 ........................................................................... 350.9 315.5 35.4 10.11961 ........................................................................... 364.8 329.9 35.0 9.81962 ........................................................................... 388.7 348.7 38.0 9.81963 ........................................................................... 408.1 368.8 39.4 9.719CA........................................................................... 441.5 396.7 44.8 10.11965 ........................................................................... 478.9 4292 49.7 10.41966 ........................................................................... 520.3 468.5 51.9 10.01967 ........................................................................... 554.5 504.8 49.7 9.01968 ........................................................................... 607.9 554.4 53.5 8.81969 ........................................................................... 662.6 603.5 59.0 8.91970 ........................................................................... 698A 631.7 66.7 9.61971 ........................................................................... 744.0 673.6 70.4 9.51972 ........................................................................... 824.3 746.0 78.3 9.51973 ........................................................................... 926.0 827.1 98.8 10.71974 ........................................................................... 1,004.1 905.5 98.6 9.81975 ........................................................................... 1,047.1 947.8 99.4 9.51976 ........................................................................... 1,166,8 1.0532 112.9 10 9.71977 ........................................................................... 1293.3 1,158.5 134.8.41978 ........................................................................... 1,465.6 1,302.4 163.1 11.11979 ........................................................................... 1,651.7 1,465.4 186.3 11.31980 ........................................................................... 1,818.7 1,613.7 205.0 11.31981 ........................................................................... 2,001.8 1,772.6 229.1 11.41982 ........................................................................... 2,007.5 1,852.1 225.4 11.21983 ........................................................................... 2,227.1 1,942.6 284.5 12.81984 ........................................................................... 2,454.7 2.139.9 314.8 12.81985 ........................................................................... 2,6435 2,306.0 337.5 12.81986 ........................................................................... 2,880.6 2,481.7 398.9 13.81987 ........................................................................... 3,165.5 2,773.8 391.7 12.41988 ........................................................................... 3,4,%.3 3,083.0 373.3 10.81989 ........................................................................... 3,690.6 3,256.4 434.2 11.81990 ......................................................... s .................. 3,852.6 3,405.4 447.1 11.61991 ............................................................................ 3,900.3 3,464.5 435.9 11.21992 ............................................................................ 4,148.6 3,629.1 519.5 12.5p1993.......................................................................... n.a. 1 3,724.1 n.a. n.a.See notes foillowing Table 21.177

Selected Historical and Other DataTable 7.-Standard, Itemized, and Total Deductions Reported on Individual Income Tax Returns, Tax Years 1944-1%3[All fiqures are estimates b ~ed on samples-number of returns is in millions; money amounts are In billions of dollars)Standard ductlon Itemized d eductions Total deductionsTax Total number Number Number As a percentageyear of returns of AmountZ of Amount3 Amount of adjusted grossreturns' returns' income (AGI)'(2) (3) (4) (5) (6) (7)1944.................................... 47.1 38.7 8.0 8.4 4.8 12.8 11.01945.................................... 49.9 41.5 8.1 8.5 5.5 13.6 11.31946.................................... 52.8 44.1 8.9 8.8 6.3 15.2 11.31947.................................... 55.1 44.7 9.8 10.4 7.8 17.6 11.8948 ................................... 52.1 43.2 11.5 8.8 7.9 19.4 11.91949.................................... 51.8 42.1 11.1 9.7 8.8 19.9 12.4950 ................................... 53.1 42-7 12.0 10.3 9.9 21.9 12.21951 .................................... 55.4 43.9 13.31 6 11.9 25.2 12.51952.................................... 56.5 43.7 13.7 12.8 *13.6 27.3 12.71953.................................... 57.8 43.4 14.2 14.4 15.6 29.8 13.01954.................................... 56.7 41.0 13.3 15.7 17.4 30.7 M4955.................................... 58.3 41.4 13.6 16.9 20.0 33.6 13.51956.................................... 59.2 40.7 13.8 18.5 22.6 36.4 13.61957.................................... 59.8 39.7 13.8 20.2 25.7 39.5 14.11958 .................................... 59.1 38.3 13.2 20.8 27.5 40.7 14.51959..................................... 60.3 37.8 13.4. 22.5 32.0 45.4 14.91960 ............ ........................ 61.0 315.9 13.1 24.1 35.3 48.4 15.31961 .................................... 61.5 36.2 12.9 25.3 38.4 51.3 15.61962 .................................... 62.7 36.3 13.1 26.5 41.7 54.8 15.71963..................................... 63.9 35.8 13.1 28.2 46.1 59.2 16.11964 .......................... 65.4 38.5 20.2 26.9 46.8 67.0 16.91965 .................................... 67.6 39.7 _26-6 2" 50.7 71 4---- - -16.6-1966 .................................... 76.2 41.6 21.8 28.6 54.6 76.4 16.31967 .................................... 71.7 41.9 22.1 29.8 59.6 81.7 16.21968 .................................... 73.7 41.7 22.1 32.0 69.2 91.3 16.51969 .................................... 75.8 40.9 21.6 34.9 80.2 101.8 16.91970.................................... 74.3 38.8 32.4 35.4 88.2 12D.5 19.11971 .................................... 74.6, 43.9 48.1, 30.7 91.9 139.9 20.81972 .................................77.6 50.6 69.8 27.0 166A 22.31973.................................... -80.7 52.6 73.6 28.0 107.0 180.6 21.81974....................................183.3 53.8 76.1 29.6 119.4 195.5 21.61975 ................................... 82.2 56.1 100.9 26,11 122.3 2332 24.61976.................................... 84.7 58.7 113.8 26.0 133.9 247.6 23.51977.................................... 86.6 63.7 137.7 22.9 138.5 276.2 23.81978.................................... 89.8 64.0 139.8 25.8 164.4 304.3 23.41979.................................... 92.7 66.2 148.8 26.5 1842 333.0 22.71980.................................... 93.9 65.0 146.0 29.0 218.0 346.0 21.41981 .................................... 95.4 63.8 144.7 31.6 256A 4012 22.61982.................................... 95.3 61.9 1402 33.4 284.5 425.2 23.01983................................ : 96.3 61.1 138.5 35.2 309.6 448.7 23.11984.................................... 99.4 61.2 139.5 38.2 358.9 499.6 2&3198.5.................................... 101.7 61.8 145.0 39.8 405.0 554.7 24.11986.................................... .103.3 62.4 151.0 40.7 447.1 611.3 24.61987.................................... 107.0 71.4 215.2 35.6 392.0 6072 21.91988.................................... 109.7 7415 289.6 31.9 3952 686.0 22.31989.................................... 112.1 79.3 309.4 32.0 431.0 740.4 22.71990 .................................... 113.7 80.6 331.5 32.2 458.5 789.9 23.21991 .................................... 114.7 81.3 351.1 32.5 467.7 818.8 23.61992 ................................... 113.6 80.1 366.5 325 481.9 848.6 23.4p1993.................................. 114.6 81.0 383.2132-71480.4 863.6123.2See notes following Table 21.178

10It- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -!R E TH M Mol 10 10 9 9 ~-~ 0 10 10 0 IVO 10 10 10 SISH EWE 5:010 ' ~4 0 0 10 ID ~ 0 10 10. -4t t t t. . . . . . . . . . . . . . . . . . . . . . . . .Ui (n (A -lk 4~ -b, -9~ CO CO W W N M fQ N !QEI §~gg% g I a a 23 :4 8 T 8 F, t i% fs 8 is g N Es j E2 ~ rs 0rs ~i N, )is .j 8 D;sP PD 9) ,, . p p 9) 93 9)50 . 4 9)~ p 5 p p 9 : f9iO L) CD CO OD 0 -b- 00 b) in io :-4 ~0. iO tJ iJ CO 'A -4 Cn Ul 0 -4 0 Ul -4 0 -4 4 4 W K) h2 cn cn in b 4 ~j o" aD 0-f8w al ~3 12 $3 T:tt a ?a FA ~2 ol rA rs8 iz i;:i a; Z: - - - - - -Pt " -4P) CP 91 P ~- P PI 91 P 91 915. PD P P.-- g 91 S. 9) PA. co co U, 0) m 0 co 0) - co - Q3 - co co CA ca ~0, in 0 to N ~2 tO Z-4 bD ~b,b L" b 0) OD -4 4~ CO 0 -N ~D k) 6 b) bD ~4 b) 0) b) :-4 iO L) LO :-4 ~4 b) Ll b iO b) ~D b) ;~4 ~D hD :4 ~Pl ~P- ~3 ~4 b ~D bO L-1E3msttt MtRRIS 8NQA?R7A:P1~4:PIP 4~qDqDll" 71b-N- OCDF4CO~4 (DrOCD-W (A M CD OD M PG) 9D - b) tO b) ~ 4 b bl 1. t. 1. L, i. t. zq b, b, K, tn$0 go $0 8 co 8 co w w ~PPS.P f.P!091S. !.PPSD9. -414(07'OWFOOM WL-~4~36 6 6COK)O 0)-%OCDCA COODOJC)- QD-4Q)C) "-CDCD,4 WWMIJ4 8.8888 8ZP3rSU RUNWN f3rSt!t?8 r2!2888 FS~?888 RNMW NMRMib Ln io in 6) io io b :.. b io L. L" to b N3 f~ to b ia L" :- io b) ~o to :Q b b) ~pl Ln :- b io b ~> b b :.4 ic ~pl bD ~3 b) b

Selected Historical and Other DataTable 9.-Number of Individual Income Tax Returns by Type of Tax Sefflement, Tax Years 1944-1993[All figures are estimates based on samples-number of returns Is In millions]Tax year1944 ..........................................................................945 ................................................... : .....................1946 .........................................................................1947 .....................................................19481949..........................................................................1950..........................................................................1951 ..........................................................................1952..........................................................................1953..........................................................................1954..........................................................................1955..........................................................................1956.... ...............................................................1957..........................................................................1958..........................................................................1959..........................................................................1960..........................................................................1961 ..........................................................................1962..........................................................................1963..........................................................................--1964................. .........1965..........................................................................1966..........................................................................1967..........................................................................1968 .........................................................................1969..........................................................................1970............................... ; ...........................................1971 ..........................................................................1972..........................................................................1973 ..........................................................................1974..........................................................................1975 .................................................. .......................1976 ............................................... ; ........................ **1977...........................................................................1978 ..........................................................................1979 .........................................................................1980 ..........................................................................1981 ..........................................................................1982 ..........................................................................1983 ..........................................................................1984 ..........................................................................1985 ..........................................................................1986 .......................................................................1987 ..................................1988 .................................. ........................................1989..........................................................................i 990 ..........................................................................1991 ..........................................................................1992..........................................................................p1993........................................................................Totalnumber ofreturns47.149.952.8155.52.151.853.155.456,557.856.758.359.259.859.160.361.061.562.763.9-65.4-67.670.271.773.775.874.374.677.680.7.83.382.284.786.689.89P-793.995.495.396.399.4101.7103.0107.0109.7112.1113.7114.7113.6114.6Tax dueat time offilingt2l22.614.513.615.38.113.814.318.619.319.016.618.719.4111618.119.1I&I18.618.719.3-22.5--20.017.817.520.317.916.517.011.914.215.415.816.917.821.618.821.823.020.318.521.221.221.523.827.228.027.025.629.028.6Returns vAth-Overpayments'22.933.534.433.038.430232.031.032.132.735.235.436.137.637.438.439.440.040.941.439.3_44.349.451250.654.955.355.363.364265.&63.865.066.065.571.469.970.072A75.075.677.478.179.879.180.983.5.85.681.082.6No overpaymentsor tax due attme of filing(4)1.61.94.86.75.67.96.85.85.16.25.04.23.73.63.62.83.52.93.13.33.5323.03.02.83.02.52.42.32.22.12.62.82.82.72.42.32.42.62.92.73.03.53.43.43.23.23.53.63ASee notes following Table 21.180

Selected Historical and Other DataTable 10.- Nonfarm Sole Proprietorship Returns: Selected Income Statement Items for Specified Income Years,1975-1992[All fiqures are estimates based on samples-mooyamounts are inthousandsofdollarsiItem 1975 1980 1985 1990 1991 1992(1) (2) (3) (4) (S) (6)Number of returns with nonfarm businessesnot Income or deficit, total...................................... 7921,346 8,931,712 11,920,573 14,782,738 15,180,722 15,495,410Number with nonfarm business notincome .................................................................. . n.a. n.a. 8,640,701 11,221,925 11,550,579 11.720,148ndmr of nonfarm businesses ............................... 7,759,576 9,73OA19 n.a. 16,596,384 16.95%W 17,292,288usiness receipts, total ............................................ 273,954,741 411,205,713 540,045,430 730,606,02D 712,567,989 737,082,032Income from sales and operations .......................... 272,342.560 407,169,299 5213,675.271 719,007,636 700,681,216 725,666,334Total deductions....................................................... 234,31 U88 356,258,495 46,272,852 589,249,583 571,153,515 r583,146,571Cost of sales and operations ................................... 146,261,435 209.889,809 232,294,132 291,010.060 272,626,595 274219,623Inventory, beginning-of-year................................ n.a. n.a. 21,435,438 29,024,992 29,516,926 28,860,062Inventory, end-of-year ......................................... 15,578,040 21,996,236 24,969,895 30,421,844 29.782,755 29,898,172Purchases .......................................................... 117,722,352 168,301,517 n.a. 210,225,158 200,860,580 204,316,835Cost of labor ....................................................... 8,791,083 10,922,221 14,504.201 22,679,507 21,917,899 18,838,120Materials and supplies ........................................ 9,090.638 12.909,222 n.a. 30,195,388 28,072,005 28.825,291Advertising.............................................................. n.a. n.a. na. 6,574,743 6.712,252 7,344,070Car and truck expenses .......................................... n.a. 13,378289 17,D44,421 21,765,531 22,594,000 23,919,600Commissions .......................................................... 2.225,830 3,333,345 n.a. 8,816,233 7,628,344 10,456.775Depletion ................................................................. n.a. n.a n.a. 816,131 717,387 628,917Depreciation ........................................................... 7,958,143 13,952,703 26,291,389 23,734,507 23,076,150 23,273,917Pension and profit sharing plans ............................. 125,296 141,463 311,323 586,394 519,358 527,945Employee benefit programs..................................... na. n.a. n.a. 1,056,604 1,016,368 1,186.031Insurance ............................................................... 3,503,812 6,003,126 n.a. 13,357.568 13,064,988 13,259,715Interest paid, total ................................................... 3,390,845 7,19D,257 11,913,982 13,311,670 12,077,268 10,406,164Mortgage interest................................................. n.a. n.a. n.a. 6,256,506 5,5Z7,499 4.626,346Other interest...................................................... n.a. n.a. n.a. 7,055,164 6,549,769 5,779,818Legal and professional services ............................... 1,164,048 2,633,596 n.a. 5,880,163 5,376,814 5,698,841Meals and entertainment expensesbefore limitation.................................................... na. n.a. n.a. 5,329,281 5,646,857 5,715,169Meals and entertainment deduction ..................... n.a. n.a. n.a. 4,262.870 4,516,821 4,571,529Office expenses ...................................................... n.a. n.a. n.a. 6,896,758 7,086,395 7,395,168Rem paid, total ....................................................... 6,676,314 9,636,290 15,258,690 23,391,608 23,643,282 25,148,446On machinery ...................................................... n.a. n.a. n.a. 3,754,492 4,160,172 4,551,560On other business property .................................. n.a. n.a. n.a. 19,637,116 19,483,110 20.596,886Repairs .................................................................. 3,044,175 5,031,573 n.a. 8,940,657 9,158,697 9,705,814Not salaries and wages (not deductedelsewhere) ............................................................ 20,227,859 26.560,821 38,265.691 46,998,029 48,889,989 52,316,452Taxes paid ............................................................. 5,423,961 7,672.459 n.a. 10,341,654 10,629,067 12,618~367Travel...................................................................... n.a. n.a. n.a. 5,605.961 5,475,477 5,860,143Utilities (including telephone) .................................. n.a. 4.790,337 n.a. 13,538,612 13,259,743 14.546,685Bad debts ............................................................... n.a. n.a. 6W.613 1,038,756 1,130,267 1,065,802Business use of home .............................................. n.a. na. n.a. 141,430,193 2,897,903 2966,899Not Income (loss deficit) ........................................... 39,636,453 54,947,219 78,T72,578 161,657,252 141,515,783 153,960,246Not income ?............................................................ 45,624,890 68,010,051 98,775,563 20,227,059 162,426,709 173,472,549Deficit .. .......... ............................................ 5,988,437 13,062,832 20,002,986 20,910,927 . 19,512,304See notes following Table 21.181

Selected Historical and Other DataTable I I.--Partnership Returns: Selected Balance Sheet and Income Statement Items for Specified Income Years,1975-1992A ~ A~-Item 1975 1980 1985 1990 1991 1992.(1)(2) (3) (4) (5) (6)-Total number of active partnerships ............. 1,073,094 1,379,664 1,713,603 1 r553J529 1,515,345 1 A84,752Number with not income ............................... 661,134 774.173 875,846 853,676 855.523 856.015Number with balance Sheets ......................... 783,271 1,194,236 1,227,498 1,081.224 1,047.704 1,002,724Number of partners ........................................ 4,950,634 SA19.899 13,2",824 17,094,965 15,801,047 15,734,691Total assets !.................................................... 235,468,301 597,503,923 1,269A34,302 1,735,285,033 1,616,567,895 1,907,344.453Depreciable assets (not) ............................... 113,124,969 239,139,823 695.878,822 681.409,780 696.335,452 70D,933,529inventories, end of year ................................. 11.985,431 33,218,272 27.279,234 56.507,062 56,845,071 61,865.690Land ............................................................. 36,731,958 70,241,248 152,179,314 214,757,035 212,850,061 212,808,128Total liabilities! ................................................ 193,875,629 488,734,023 1,069,221~M IA15,247,893 I A80,065,895 ISW12,931Accounts payable .......................................... 12,302.055 33,899,048 . 40,871.755 66,747,965 63,088,121 79,336,897Short-term debt 222,709,476 48.001,839 102,760,363 88,092,149 116,756,131 114,638,421Long-term debt ....................... 136,296,764 178,044,406 381,960.685 497,560,607 490,648,692 486,374,218Nonrecourse n.a. 118,910,380 327,558,208 470,139,91 1. 474,221,624 475,615,076Partners' capital accounts .............................. 41,592,672 106,769,900 200,212,653 320,037,140 356,502MO 399,131,S224Total receipts................................................... 148,417,529 291,998,115 397,117,316 566,212,218 562,042,WS 595,855,305Business receipts.5 142,505,781 271,108,832 302,733,374 483,417.504 483.164,395 514,827,003Interest received. 2,477,173 10,869,323 20,558,966 20,799,631 19,872,179 15,570,376Total deductionS4140,679,959 283,749A6O 376,000,991 549,602,678 541,229,674 553,769,775Cost of sales an' d ' c* pe`ra` tions * ...............*.*** .'..** .'..''* . .'64,672,843 113,885,668 146,315,315 242,448,195 236,500,500 248,626,073Purchases ....................... 42608,73470,439,60791,925,923140,521,621134,086,152150,034,393:,**"** 4~585 8367 015 5478 845 10613 924 99314,188,25014,826,792Cost of labor .................... .........................,, ,, ,, ,Salaries-and wages..-12,489,039---- 22,336,337- - 33,884,20456,025,118 57,907,843 61,761.245Taxes paid .................5,770,918 9,553,145 7,745,756 9,339.396 9,863,080 10,3(Y7,970Interest paid ........... * ................ * .................-12,097,100 28.362,385 28,674,933 29,617,935 27,973,593 25,091,279Depreciation 7 ................................................. * 10,108,834 21,576,189 53,650,790 60,204,443 58,362,541 60,024,456Not Income (loss deficit) ................................. 7,737,570 8,248,655 -OAS3,674 16,609,540 21,406,607 42,916,649Net income . ................................................ 22,431,931 45,061,756 77,044,693 116,317.801 113,408,221 121,834,358. .Deficit ................................ ; .......................... 1 14,694,361 1 36,813,1 W 85,928,397 99,70B.261 92,001,615 78,917,710See notes following Table 21.182

Selected Historical and Other DataTable 12.--Number of Business Income Tax Returns by Size of Business for Specified Income Years, 1975-1992(All figures are estimates based on sarnples-nufter of businesses Is in thousands]Size of business 1975 1980 1985 1990 1991 1992(1)CORPORATIONS(2) (3) (4) (5) (a)Receipt size'Under $25,0002 .............................................................. 468.9 557.0 710.8 878.7 924.2 935.7$25,000 under $50,000 ................................................. 186.4 207.7 238.6 252.0 26D.1 256.5$50,000 under $100.000 ............................................... 26D.7 322.7 33D.2 358.9 375.6375.8$100,000 under $250,000 ............................................. S73.9 558.4 62D.5 661.7 665.6 682.9$250,000 under $500,000 ............................................. 367.3 489.2 500.0 514.5 532.9$500,000 under $1,000,000 .......................................... 184.2 279.8 352.4 416.0 415.8 422.8$1,000,000 or more ....................................................... 249.5 417.7 537.6 649.4 647.1 662.3Asset sizeUnder $100,0003 ............................................................ 1,177.7 1,514.6 1.833.5 2,111.5 2,176.9 2,231.2$100,000 under $1,000,000 ........................................... 704.6 968.9 1,152.5 1,246.3 1,265.4 1,272.9$1,000,000 under $10,000,000...................................... 116.4 191.8 245.4 303.8 305.5 309.0$10,000,000 under $25,000,000 .................................... 12.2 16.6 20.9 25.2 24.6 24.5$25,000,000 under $50,000,000 .................................... 5.6 7.8 10.4 11.0 11.0 11.2$50,000,000 under $100,000,000 .................................. 3.1 4.8 6.2 7.4 7.5 7.7$100,000,000 under $250,000,000 ................................ 2.1 3.2 4.4 5.8 6.0 62$250,000,000 or more .................................................... 1.9 2.9 4.1 5.6 5.9 6.3PARTNERSHIPSReceipt Sin 1.4Under $25,0002 .............................................................. 549.7 638.0 840.1 962.6 955.6 92D.6$25.000 under $50,000 ................................................. 141.0 181.8 195.5 126.0 113.5 113.0$50,000 under $100,000 ............................................... 133.7 183.6 199.5 133.4 120.1 126.0$100,000 under $250,000 ............................................. 114.0 155.2 190.1 139.9 143.7 144.7$250,000 under $500,ODO ............................................. 90.6 135.6 165.5 82.5 78.5 75.3$500,000 under $1,000,000 .......................................... 25.5 48.1 66.9 52.1 49.4 49.6$1,000,000 or more ....................................................... 18.6 37.4 56.0 57.1 54.6 55.6Asset sizeUnder $25,0002 .............................................................. 611.0 541.9 794.1 737.9 700.1 690.8$25,000 under $50,000 ................................................. 105.9 156.3 132.7 99.3 97.3 88.1$50,000 under $100,000................................................ 106.8 180.2 165.8 99.5 110.2 104.4$100,000 under $250,000 ............................................. 116.0 219.1 210.9 194.1 181.8 164.0$250,000 under $500,000 ............................................. 56.9 117.9 142.8 128.6 125.4 125.8$500,000 under $1.0D0,000 .......................................... 35.3 72.1 100.0 105.2 109.7 12D.5$1,000,000 or more ....................................................... 41.2 92.2 167.2 188.9 190.8 191.2NONFARM SOLE PROPRIETORSHIPSReceipt size 6Under $2,5003 ................................................................ 2.299.9 2,783.1 3,067.5 3,750.1 3,985.0 3.775.9$2,500 under $5,000 ..................................................... 959.4 1,158.6 1,444.6 1.714.5 1.704.6$5,0001,741.3under $10,000 ................................................... 1,041.7 1,262.9 1,633.6 2,011.7 2.058.8 2,006.4$10,000 under $25,000 ................................................. 1,326.7 1,711.8 2,104.6 2,719.8 2,809.7$25,0002,869.3under $50,000 ................................................. 849.5 1,079.1 i,393.9 1.660.2 1,724.8 1,817.0$60,000 under $100.000................................................ 644.5 835.6 1,094.1 1282.1 1,327.0 1,269.0$100,000 under $200,000 ............................................. 380.9:57.2 843.2 869.2796.8 1,060.2$2W,000 under $5W,000 ............................................. 209.2 87.0 545.4 584.4$500,000 under $1,000,000 .......................................... 35.3 73.9 89.3 142.7 122.7 133.1$1,000.000 or more ....................................................... 1 13.5 1 29.2 40.7 57.3 59.5 58.4See notes folovAng Table 21.183

Selected Historical and Other DataTable 13.-Corporation Income Tax Returns: Balance Sheet, Income Statement and Tax Items for SpecifiedIncome Years, 1975-1992[All figures are estimates based on sai les - money amounts are in thousands of dollars)item 1975 1980 19851 19901 1991, 19921(1) (2) (3) (4) (5) (6)Number at retums, total I ....................................... 2,023,647 2,710,538 3,277,219 3,716,650 3,80Z788 3,669,023Number with net income I ................ ; .................... 1,226,2D8 1,596.632 1,820.120 1,910,670 1,942.460 2,063,593IS U3Consolidated return(XV-.......................... 38,307 57,890 79,598 71,769 69,12D 66,479S Corporation returns............................................. 358,413 545.389 724,749 1,575.092 1.698,271 1.785,371DISC returns.. 6,431 8.665 1.383FSC returns ........ ................................................N/A N/A 2,341Total An ............................................................. 4A6,556,273 7,617,238,403 IZ773"ABS 18,19DA57,609 19,029,508,839 20,002A93,972Cash ..................................................................... 290,426,439 528,914,747 683.2134,264 771,086,440 786,735,219 806,358,400Notes and accounts receivable ............................. 1,051,542.806 1,984,601,79D 3,317,635,191 4,198,016,23D 4,191,331,908 4,168,985.629Low: AIlowanoa for bad debts ........................... 31,032,998 50,067,307 61.580,335 110,059,993 114.576,136 118,702.488Inventories; ! .......................................................... 317,718,546 534,806,547 714,72Z928 893,586,141 883,913,179 915,412,953Investments in Government obligations.. a ............. 176,955.397 265.542.521 916,560,098 921,193.216 1,068.564,351 1,248.403,852Tax-exempt securifies-8......................................... 139,176.302 206,517,216 (1) 380,320,504 469,245,167 615,621,779Other current assets ............................................. 145.101,716 310.177.160 629,136,396 1.164,582,476 1.133,425.425 1283,851,498Loans to stockholders ........................................... 9,355.636 29,873,250 56.761.232 94,866,044 84,545,262 87,204,098Mortgage arid real estate loans............................. 548054.483 894,323.489 1,258,672,577 1,537.899,636 1.529.474.897 1,566.888,344Other investments ................................................. 626.266,074 1,213,986,210 2,413,551,474 4,136,891,162 4,749,822,622 4.970,564,447Depreciable assets ............................................... 1,276,564.500 2,107,027,914 3.174.193,649 4.317,781.452 4,549,055,093 4,755,146,257Less: Accumulated depreciation........................ 483.798,526 797,841,763 1.232.072,53D 1,848,022,882 1,999,540,977 2,131,890,499Depletable assets ................................................. 38.511.396 71,901,490 112.339,389 129.370.543 141,758,337 130.636,678Less: Accumulated depletion ............................. 14,501.561 19.569,556 37,203,920 55.075,3W 61,141,866 60,154,855Land ...................................................................... 66,819,206 92,931,935 141,448.357 209,579.296 215,498.441 221,387,129Intangible assets (amortizable) ............................. 12,823,183 45,480,694 145,290,625 491,252,807 489,782,490 528,635,628.Less: Accumulated amortization ........................ 4,491-.990 - 18,393-,037- - -42,505.240 -95,754.475 110.369,2D2-- -124-.473,-187-Other assets .......................................................... 121,065,665 187,015,106 582,949,738 1,052,544,294 1,021,984,633 1,138.219,310Total liabilities ........ 4,286,558,273 7,617,23SAM 12,773A93.888 18,190,067,609 19,029,508,839 20,002,093,972Accounts payable .7 ................................................. 263,417.584 542,172,368 891,571,443 1,094,001,051 1,680.717,102 1,604,993,260Mortgages, notes, and bonds payable inless than 1 year ................................................. 272,123,551 504,802,288 1,001,337,795 1,802,732,358 1,500,043,192 1,559,836,081Other current liabilities .......................................... 1,577.425,991 2,706,796,360 4234,983.432 5,197,682,OZ7 4,856,974,743 5,215,873,641Loans from stockholders .............................. ........ 38,143.936 85,718,510 174,317,253 268,559,197 306,729.880 305,658,885Mortgages, notes, arid bonds payable inI year or more ................................................... 586,703,526 986,663,932 1,699,272,481 2,665,098,250 2,697,909,300 2,742,496,304Other liabilities ...................................................... 461,676,880 846.696,691 1,467,912,913 2,423,067,175 2,710,749,072 2,872,881,055Capital stock ......................................................... 251,715,862 417,153,783 ~ 92D,182,882 1,584,84.01863 1,740,894.708 1,881,147,182Paid-in or capital surplus ....................................... 298.534,854 532,039,407 1,420.996,805 2,814,210,083 3,257,218,951 3,655,821,974Retained earnings, appropriated............................ 29,955,676 41,461,644 54,074,364 60,978,729 74,926,536 79,869,218Retained earnings, unapproplated ......................... 537,631,026 1,027,9(12,049 1,311,512,589 1,349,027,584 1,365,865,627 1,351,565,703Less: Cost of treasury stock .............................. 20,772,613 74,168,627 403,068,064 1,070,139,706 1,162,420,270 1,268,049,328Total rewipts '0 ............. 3,198,627,860 61W1,204,0112 8,398,278,426 11,409,52DA74 11,436,474,767 11,742,134,729reCeiptS.11:12Business .. .............................................. 2,961,729,640 5,731,616,337 7,3619,538,953 9,860,441,633 9,965,628,799 10,360,428,794Interest on State and local Governmentobligations ......................................................... 6,711,606 12,62D,876 20,164,514 35,164,734 36,339,860 38,331,70DOther Interest ........................................................ 136.587.304 354,243,674 617,622,425 942,237,940 883,325,876 790,946,417Dividends received10,12from domesticcorporations........................................................ 8,818,282 18,654,80D 16.967,379 13,413.839 13,114,605 13,109,858Dividends received from foreign corporations '0 5,467.726 14.563,353 20.770~3611 33.261,669 28,760,176 28.883.05~Rents'! ................... ........................................ 21,765,130 41,371,141 89,700,937 1100,642,848 101,958,702 98,901,418iuRoyalties *............................................................... 5,167,141 12,450,250 15.237.421 32,142.258 34,822,123 41,426,926Not short-term capital gain reduced bynet tona-term capital loss................... 301,601 2,013,510 7,032,062 4,110.745 13.742,293 14,586,137Net long-term capital gain reduced bynet short-term capital 8.364,523 24,910.957 53,771.685 50,935,859 41,111.234 45,124,296.loss-0XV-,Net gain noncapitall assets ...................................7,757,2117 20,117,615 33,537,842 32,275,111 31,476.569 32,313,236,Other receipts ....................................................... 35,957.620 128,721,498 153,934,848 1 304,893.438 1 286:194.531 278,082,895184

Selected Historical and Other DataTable 13.-Corporation Income Tax Returns: Balance Shoot, Income Statement and Tax Items for SpecifiedIncome Years, 1975-1992-Continued[Ali figures are estimates based on samples - money amounts are in thousands of dollars)ttern 1975 1980 1985 19901 19911 19921(2) (3) (4) (6)Total deductions '0..... 3,052,674,597 6,125,365,155 8,158,144,126 11,032,574,630 11,067,119,512 95411,329,910,609Cost of sales and ' operations *................................ 2,129,928,467 4,204,905,905 4,894,254,081 6,610,769,883 6,654,370.2711Of1 8R ~ ,%16,771,767,395ompensation of officers ...................................... 7,832,552 08.973.751 70,737,540 0,403,1164 2~Ano 4 21.064-964Repairs .................................................................. 23,422,171 42,407,967 81,495,784 95,887,821 94,643,427 93,928,324Bad debts .............................................................. 13,781,147 18,769,771 43,333,588 83,690,549 100,875R88 89,579,547Rent paid on business property ............................. 40.769,829 71,990,832 134.661,335 184,771.540 19Z743.992 196.187.884Taxes paid ............................................................ 81,530,302 163,003.622 200.977,161 250,928,813 257.796.399 273,955.753Interest paid .......................................................... 129,307,921 344,612,542 568,645,475 825,372,164 735,721,055 597,033,444Contributions or gifts ............................................. 1,202,130 2.358,554 4,471,736 4,752,408 4,762,763 5.521,019Amortization .......................................................... 717.398 1,374.658 6,133,737 31,503.WB 35.923.984 36,582.360Depreciation .......................................................... 86.295,664 157,345,828 304,380,703 332,781.754 333,952,832 346,214,939Depletion ............................................................... 5,341,489 8,871,993 7,779,731 9,646,712 8,417.411 9,023229Advertising ............................................................ 26.605,786 52,266.004 91,922,667 126,417.097 129,194,3D4 134,332,126Pension, profit-sharing, stock bonusand annuity plans. ............ 11............................... 26,526,129 51.529,310 49,588,712 42,233,693 46,487,339 56,177,312Employee benefit programs .................................. 15.690,563 40,179,ID4 71,601,577 113.320,117 133.467.913 142,114.225Not loss, noncapital assets ...................................141,8D4,079 5,903,104 7,893,175 22,330,746 18,859,047 18,678.7ffiOther deductions ...................................................1015411,918,970 850,872,216 1.520.267,133 Z09Z764,214 2,138,495,313 2,337.752,W3Total receipts less total deductions ...................... 145,953,263 235,918,858 240,134,300 376,945,444 349,355,258 412,224,119Constructive taxable income from relatedforeign corporations ................. 3,395,169 15,708,56D 2D.299,336 36,776,886 31,844,399 28.104,602Met Income (less deficif!!i!. ,*... , **. *... ,* *... *, *, . .. ,* *................... 142,636,826 239,006,542 M,119,020 370,632.632 3",859,794 401,997,022Net income ..................................................... 169.483,336 296,787,201 363,867.384 552,526,789 536.816,622 570,431,380Deficit ........................................................ 26,846.510 57,780.659 123,748,365 181,W4.157 190,%6.827 168,4M,%8subject to tae7.............................................Inconle 146,W,2117 246,598,486 266,060,609 366,352,857 350,0119,7112 377,899.601IsIncome tax, total .................... .................WIT-- ... *- 66,144,306 105,142,436 111,340,839 126,185,666 121,121,231 11311,21114,690Reaular and alternative tax ..... ............................... 65.769,822 103.831.172 109,106.358 119.434.430 116.275.308 125,770.916Recapture of prior-year investment credit .............. 217,138 867,671 1.497,597 126,600 72,693 25.103Recapture of prior-year workincentive (WIN) credit......................................... 608 4,873 N/A N/A WA N/AMinimum tax and afternative minimum tax..2*......... 156,740 438,820 725,878 8.104,269 5,320,587 4.856.262Environmental tax ................................................. N/A WA WA 520,167 479,288 496,610Foreign tax credit ...................................................... 19,987,724 24,879,737 24,263.497 24,989,922 21,096.940 21,520,683U.S. possessions tV credit ....................................... N/A 1,572,734 Z450.583 3.194.481 3,472.330 3.748.561Investment credit ....................................................... 6.459,746 15,102,812 N(21)(M)MWork incenjive (WIN) credit ......................................5.321 36,483 NtA WA WA N/AJobs credit . . .................. ............................................ WA 601,"4 (M) ( 21)(M)NNonconventionall source fuel credit............................ WA 2 43,267 81,790 244,732 233,331Alcohol fuel credit . 2 ..................................................... N/A 4 (M) (M) (M)Research activities credit ............... V--**-**-'-*- NtA WA 1,627,997 (21)(M) (21)Employees stock ownership credit ............................. MIA N/A (21) WA WA NtAOrphan drug credit ....................................................WA NZA 2D4 15,637 18,475 17,826it 21General business cred ........................................... NZA NIA 19,607,097 Z833,701 2,2D6,371 1,918,100Prior year minimum tax credit ................................... N/A N/A WA 667,W6 1,516.063 Z313,811Distributions to stockholders:Cash and property except in own stock................. 45,224.392 97,378,617 n.a. n.a. n.a. n.a.Corporation's own stock ........................................ 2,066,559 3,525,549 n.a. n.a. n.a. n.a.See notes following Table 21.185

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Selected Historical and Other DataTable 14.--Corporation Income Tax Returns: Selected Balance Sheet, Income Statement and Tax Items byIndustrial Division for Specified Income Years, 1975-1992--Continued[All figures are estimates based on samples--money amounts are in thousands of dollars]Industrial division and item 1975 1980 1985, 1990, 19911 19921(1) - (2) (3) (4) (5) (6)TRANSPORTATION AND PUBLIC UTILMESNumber of returns. total' ........................................... 80,701 111,324 138,337 160,353 164,980 178,284Number with net income' ...................................... 45,360 62,232 69,938 81,418 88.263 97,677Total assets ............................................................... 443,236,797 758,364,400 1,246.426,899 1,522,045.738 1.573,824,265 1,641.997,827Not worth ................................................................... 176,444,407 290,655,693 490,481,127 508,667,821 528,942.779 535,664,915Total recelpts2 ............................................................ 243,480,637 523,807,396 772,358,188 936,277,062 954,944,592 997,640,581Business receiptS2 2-4 ............................................... 234,689.427 507,372,820 733,943,970 874,111,070 897,131,837 941,456,847Interest received 1................................................ 1,520,913 5,760.072 12,310,594 18,194,729 17,919,573 16.938,590Total deductions2 ....................................................... 233,409,166 503,954,285 747,836,158 900,960,832 917,837,603 956,469,140Cost of sales and operations2 ................................ 143,932,463 336.868,172 381,028,354 405,924,209 413,508.684 381,368,495Interest paid ........................................................... 13,761,062 27,638,591 44,880,858 59,190,735 59.686,545 56,073,874Net income (less defiCit)2............................................ 10,099,571 20,046,155 25,087,629 35,413,596 37,742,965 41,789,809Not income2 ........................................................... 12,088,189 24.917,293 37,880,144 51,490,850 53,590.652 58,195,820Deficit2 ..............................*.......... * **"* --- 1,988,618 4.871,138 12,792,516 16,077,254 15,847,686 16,406,010Regular and alternative tax ...Ir .................................. 5,107,158 10,532,722 14,881,470 15,228,031 15,887,339 16,884,562Total income tax after credits ............................... 2,836,470 5,322,655 8.432,924 15,882,038 15,793.417 16,627,618Distributions to stockholders except in own stock...... 8.900.353 17,329,807 n.a. n.a. n.a. n.a.WHOLESALE AND RETAIL TRADENumber of returns, total' ........................................... 614,632 799,628 917,301 1.023,057 1,043.534 1,052.713Number with net income' ...................................... 399,668 487,300 510,825 527,128 536,277 567,784Total assets ............................................................... 323.496,726 646,901,005 1,009,965,739 1,447,296,828 1,483,427,907 1,581,910,771Not worth ................................................................... 122,649,734 222,289,687 286,260,274 354,827,439 374,844,301 404,190,513Total receiptS2 ............................................................ 969,938,872 1,955,523,778 2,473,865,453 3,308,988,336 3,380,598,972 3,503,944,396Business receipts2 2~i............................................... 951,463,550 1,919,347,689 2,408,174,933 3,216,861,660 3.291,367,866 3,416,387,593Interest received .................................................... 3,857,318 10,03,989 21,633,480 29,851,239 31,285,080 28,471,311Total deductions2 ....................................................... 947,511,780 1,919,454,218 2,440,403,373 3,279.066,687 3,350,908,857 3,463,379,154Cost of sales and operations2 ................................ 745,299,204 1,538,128,634 1,869,766,621 2,482,483,270 2,527,007,700 2,618,368,057Interest paid ........................................................... 8,587,173 25,645,855 38,217,998 63,914,431 61,081,388 50,510,058Net income (loss defiCit)2............................................ 22,489,430 38,309,671 33,126,70,2 30,094,078 29,951,221 41,343,782Net income2 ........................................................... 27,681,721 49,426,5DO 51,434,500 65,383,876 64,477,312 72,317,416Deficit2 ............................ 3...................................... 5,192,291 11,116,829 18,307,798 35,289,798 34,526,092 30,973,634Regular and alternative tax .. ~................................... 8.103,316 13,515,653 16,130,885 13,324,360 12,789.106 14,357,322Total income tax after credits .................................. 7,348,619 10,564,358 13,396,555 12,615,991 12,015,216 13,157,318Distributions to stockholders except in own stock 5,029,897 10,343,087 n.a. n.a. n.a. n.a.FINANCE, INSURANCE AND REAL ESTATENumber of returns, total' ........................................... 411,846 493,426 518,432 609,138 617,557 635,268Number with not income' ...................................... 243,409 273,853 285,273 269,667 273.097 295,066Total assets ............................................................... 2,321.965,956 4,022,206,073 7,029.452,681 10,193,295,357 10,780,681,276 11,480,469,997Net worth ................................................................... 269,770.527 530,541,317 1,161,968,009 2,142,041,011 2,513,553.034 2,949,156,395Total recelptS2 11 ............................................... 315.795,981 697,460,846 1,182,034.309 1,954,709,651 1,924,317,623 1,900,428,224Business receipts :1,* r *1 --,---..................... 157,126,715 256,892,475 501,993,840 900,908,453 928,022,390 989,306,810Interest recei . ved .................................................... 127,040,303 315,146,115 541,268,193 830,451,126 771,288,512 693,2138,002Total deductions2 ....................................................... 297,963,817 652,637,787 1,104,572,202 1,809,867.575 1,771,169,018 1,724,307,330Cost of sales and operations2 ................................ 84.614,209 129,644,330 237,577,803 526,244,728 556,461,819 575,172,643Interest paid ............... y ** -*..........* *****-*- 77,677,659 219,167,684 363,009,417 506,921,011 r426,757,261 326,347,417Not income (loss deficit)............................................. 11,663,330 33,122.792 60,670,526 109,901,881 124.545,504 146,978,975Net incomez ........................................................... 18,825,003 46,040,390 90,546,934 158,458.842 174,249,613 188,715,713Deficit 2................................................................... 7,161,673 12.917,599 29,876.408 48,556.962 49.704,109 41,736,737Regular and alternative tax ..!8 ................................. 5,558,647 9,680,755 13,369,981 20.709,720 26,890,049 34.091,152Total income tax after credits .................................. 4,673,705 7,699,628 10,193,877 20,511,294 24,850,137 30,902,544Distributions to stockholders except in own stock 8,729,977 24,692.146 n.a. n.a. n.a. n.a.SERVICESNumber of returns, total' ........................................... 435,672 671,338 939,390 1,029,447 1,061,657 1,100,449Number with net income' ...................................... 249.641 408,716 529,337 546.268 551,235 607,204Total assets ............................................................... 90,534,067 178,163,737 330,982,941 572,842,266 636,751,574 661,597,099Net worth ................................................................... 26,855,374 52,865,513 89,852,365 143,154,346 177,668,039 196,5W.W5Total receiptS2 ............................................................ 131,377,364 279,883,187 534,587,609 779,329,609 809,724,469 869,533,422Business receipts2 ................................................. 125,747,462 266,088,619 497,980,990 726,041,364 761,589,005 816,783,759Interest received .................................................... 875,506 3,269,412 6.561,301 9,526,124 9,941,775 9,283,407Total deductionS2 ........................................................ 127,996,443 271,792,974 528,685,613 769,035,909 800,163,940 851,122,645Cost of sales and operations2 ................................ 63,724,869 129,352,692 176,070,808 290,965,307 301,802,690 296,026.593Interest paid .................... ...................................... 3,279,438 8,033,612 15,027,259 27,188,190 26,544,428 23,050,166Net income (loss deficit)2 ............................................ 3,396,744 8,193,903 5,883,782 10,616,792 9,769,891 18,525,343Net income2 ........................................................... 6,025,592 13,246,601 21,124,460 34,850,560 34,963,661 41,370,718DefjCit2 ..............................T2,628,848 5,052,698 15,240,678 24,233,768 25,193,769 22,845,375Regular and alternative tax ... r............................... 1,625,093 3,497,265 4,621,875 5,041,377 5,016,937 5,690.665Total income tax after credits ..................................... 1,323,637 2,603,370 3.343,830 4,597,561 4,561,377 5,147,294Distributions to stockholders except in own stock 855,402 1,841,945 n.a. n.a. n.a. n.a.notes ibnovAng i sole zi.187

Selected Historical and Other DataTable 15.-Corporation Profits Before Taxes per National Income and Product Accounts (NIPA) and per SOI, andIncome Subject to Tax per SOI, Income Years 1960-1993[AU figures are estimates--money amounts are in billions of dollars]Income year960............................................................................................1961 ............................................................................................1962 ...........................................................................................1963 ...........................................................................................1964 ............................................................................................965 ...........................................................................................1966 ...........................................................................................1967 ...........................................................................................1968 ...........................................................................................1969 ........................... :"*"*,** - * .... ** *""*"'*... *"** - --,970 ...........................................................................................1971 ............................................................................................1972 .................................................................................... I1973............................................................................................1974.............................................................................................975............................................................................................1976............................................................................................1977............................................................................................978................................................................ I...........................1979............................................................................ I ...............1980....... . .........................................................................981~ .......................................................................................... -1982............................................................................................1983 ........................................................ I .................................1984 ............................................................................................985 .................. .........................................................................1986 .............................................................................................987 ............................................................................................1988 ........................................... I ................................................1989 ............................................................................................990 ............................................................................................1991 ............................................................................................1992............................................................................................p1993 ..........................................................................................See notes follovAng Table 21.Prordsbefore taxes(per NIPA~ti)51.151.056.461.268.078.885.181.890.689.078.490.1104.5130.9142.8140.4173.7203.3237.9261.4240.9--228.9-176.3~210'7240.5225.0217.8287.9347.5342..9365.7365.2395.9462.4Net Income(less deficit)(per SOlf(2)43.545.949.654.361.673.980.578286.080265.979.796.8120.4148.2142.6185.4219.2246'92B4.6239.0213.6---188 54.33232.9 '240.1269.5328.2413.0389.0370.6344.9402.0n.a.Incomesubjectto tax (per Sol)(3)47247.951.754.360A70.877.174.8: 11.2472.483295.1115.5144.0146.6183.5212.5239.6279.4246.6241.52D5.2218.7257.1266.1Z76.2311.8383.2371.1366.4350.0377.9n.a.188

Selected Historical and Other DataTable 16.-Estate Tax Retums as a Percentage of Adult Deaths, Selected Years of Death, 1934-1992[Stardna with 1965, number of retums are estimates based on sampl9slSelected year of death'1934.........................................................................................................................1935.........................................................................................................................1936.........................................................................................................................1937.........................................................................................................................1938.........................................................................................................................1939 .........................................................................................................................940 ........................................................................................................................1941 .........................................................................................................................1942 ........................................................................................................................1943 .........................................................................................................................1944 .........................................................................................................................1946 .........................................................................................................................1947.........................................................................................................................1948.........................................................................................................................1949..................................... ...................................................................................1950.........................................................................................................................1953.........................................................................................................................1954.........................................................................................................................1956.........................................................................................................................1958.........................................................................................................................1960.........................................................................................................................1962.........................................................................................................................1965.........................................................................................................................1969.........................................................................................................................1972.........................................................................................................................1976.........................................................................................................................1982r........................................................................................................................1983r........................................................................................................................1984r........................................................................................................................1985r........................................................................................................................1986r .......................................................................................................................1987r .......................................................................................................................1988r .......................................................................................................................11989r ........................................................................................................................1990r ........................................................................................................................pl 991 r......................................................................................................................pl 992 ........................................................................................ .. ........... .....See notes follovving Table 21.Totaladultdeaths'w983,9701,172,2451,257,2901,237,5851,181,2751,205,0721,237,1861,216,8551.211,3911,277,0091,238,9171,239,713I,Z78,8561,283,6011,285,6841,304.3431,237,7411,332,4121,289,1931,358,375.1,426,1481,483,8461,578,8131,796,0551,854,1461,819,1071,897,8201,945,9131,968,1282,015,0702,033,9782,053,0842,096,7042.079,0352,079,0342,101,7462,111,617NumberJ218,6559,13712,01013,22012,72012,90713,33613,49312,72612,15413,86918,23219,74217,46917,41118,94124,99725,14332,13138,51545,43955,20767,40493,424120,761139,11534,44634,88330,44722,32421,93918,05920,75123,00224,45626,2T7n.a.Taxable estate tax retums2Pe;fVdurdeaths(3)0.880.780.961.071.081.071.081.111.050.951.121.471.541.361.351.452.021.892.492.843.193.724.275.206.517.661.821.791.551.111.080.880.991.111.181.25n.a.189

-3,015Selected Historical and Other DataTable 17.--Gross Tax Collections: Amount Collected by Quarter and Fiscal Year, 1987-1994[Money amounts are in millions of dollars) .Quarter and fiscal yearFISCAL YEAR 1987, TOTAL..........................................October 1986 - December 1986 ..................................January 1987 - March 1987 ..........................................April 1987 - June 1987 .................................................July 1987 - September 1987 .........................................FISCAL YEAR 19M, TOTAL...........................................October 1987 - December 1987...................................January 1988 - March 1988..........................................April 1988 - June 1988 ............................................July 1988 - September 1988.........................................FISCAL YEAR 1989, TOTAL............................................October 1988 - December 1988 ...................................January 1989 - March 1989..........................................April 1989 - June 1989..................................................July 1989 - September 1989 .........................................FISCAL YEAR 1990, TOTAL ................................... ......October 1989 - December 1989...................................January 1990 - March 1990 ..........................................April 1990 - June 1990..................................................July 1990 - September 1990 .........................................FISCAL YEAR 199i, TOTAL ..........................................October 1980 - December 1980...................................- January 1991 - March 1991 ..........................................April 1991 - June 1991 ..................................................July 1991 - September 1991 ............... .........................FISCAL YEAR 1992, TOTAL...........................................October 1991 - December 1991 .................... ..............January 1992 - March 1992 .........................................April 1992 - June 1992 .................................................July 1992 - September 1992..........................................FISCAL YEAR 1993, TOTAL............ ...............................October 1992 - December 1992...................................January 1993 - March 1993..........................................April 1993 - June 1993..................................................July 1993 - September 1993 .........................................FISCAL YEAR 1994, TOTAL ..........................................October 1993 - December 1993 ........................ : ..........January 1994 - March 1994 .................................................April 1994 - June 1994........................................................July 1994 - September 1994 ......................................See notes following Table 21.TotalIII886,2901 8D,58D209,032285,477211,201.945,459200,033222,721298,865223,8401,023,421216,133238,290333,964235,03411066,515222,859251,913343,951247,7921,099,124242,881- 256,949338,469260,8251,120,799246.273264,161345,447264,9181,190,373258,823282.851353,737294,9621,289,920282,602309,864386,364r311,090Individualincome taxesM465,45292,346105,483164,008103,615473,66797,479111,215160,018104,955515,732104,522114,475180,947115,788540,228110,077127.277181,18D121,694546,877118,047119,891181,949126.990557,723117,980136,22D173,437130,086585,774124,812154,596IM977137,389619,819132,79D160,382182,996143,651Amount collected by type of returnt .. S3Corporation I ExciseIncome taxes 2(3)102,85922,46622,64929,74827,996109,68324,82822,00635,99126,858117,01529,55120,76040,82525,879110,01726,39021,43337,39824,796113,59829,24822,97435,95325,423117,95128,57119,75141,93027,699131,548,30,32421.124.47,92032,180154,20536,08824,88355,65237,58233,3118,2817,9258,4938,61236,211169,4137,5789,24010,05536,0769,2728.5049,3868,91437,2898.9668,04410,8089,47142,5789,1359,82D10,96712,65646,91911,82210,9631 1,75712,37748,64911,97711.38812,18213,20256,45813,14313,05914,18216,074EmploymenttaXeS4-"5277,00055,61571,15681,13969,090318,03966,50080:16191,42679,952345,62570,63292,587100,07782,329367,21974,98292,868110,28189,088384,45183.646101,569106,42692,810400,08188,74997.425118,50395,404411,511-92,28496,042120,767102,418443,83197,012108,037128,665110,117Estate and9!it taxes-M7A681,8721,8192,0891,8887,7841,8131,7612,1902,0206,9732,1561,9642,729:2,12411, 7522,444.2,2914,2842,74311,4732,7352,6183.1732,94711,4792,7352,6063,2662.87212,11412,7723,8913,21315,6073,5693,5034,8693.666tgo

Selected Historical and Other DataTable 18.-Tax Refunds: Amount Refunded by Quarter and Fiscal Year, 1987-IN4[Money amounts are In millions of dollars)Quarter and fiscal yearFISCAL YEAR 1987, TOTAL..........................................October 1986 - December 1986 ..................................January 1987 - March 1987 ..........................................April 1987 - June 1987 .................................................July 1987 - September 1987 .........................................FISCAL YEAR 1988, TOTAL ..........................................October 1987 - December 1987...................................January 1988 - March 1988..........................................April 1988 - June 1988 ..................................................July 1988 - September 1988.........................................FISCAL YEAR 19119, TOTAL..........................................October 1988 - December 1988 ...................................January 1989 - March 1989..........................................April 1989 - June 1989..................................................July 1989 - September 1989 .........................................FISCAL YEAR 1990, TOTAL ..........................................October 1989 - December 1989...................................January 1990 - March 1990 ..........................................April 1990 - June 1990..................................................July 1990 - September 1990 .........................................FISCAL YEAR 1991, TOTAL ..........................................October 1990 - December 19W...................................January 1991 - March 1991 ..........................................April 1991 - June 1991 ..................................................July 1991 - September 1991 .........................................FISCAL YEAR 1992, TOTAL..........................................October 1991 - December 1991 ...................................January 1992 - March 1992 .........................................April 1992 - June 1992 .................................................July 1992 - September 1992 .........................................FISCAL YEAR 1993, TOTAL..........................................October 1992 - December 1992...................................January 1993 - March 1993..........................................April 1993 - June 1993 ..................................................July 1993 - September 1993.........................................FISCAL YEAR 1994, TOTAL...........................................October 1993 - December 1993 ...................................January 1994 - March 1994..........................................April 1994 - June 1994..................................................July 1994 - September 1994 .........................................See notes following Table 21.Total(1)96,9698,66828,42250,0639,81694,4807,70127,79849,2D29,77693,6138,39032,04143.5389,65499,6588,49737,12143.30810.740104,3808,28438,02047,96210,114113,10810,07244,65747,81710,56293,SBO7,89137,21339,3259,15196,9807,32934,614n.a.n.a.IndivIduallIncomei-taxes ILZ73,5833,4062Z 19842,8585,12174,3993,43721.74443,7895,44973,5973,36226,75938,8954,58176,0853,09431,36736,9524,652'82,9773,36732,81141,6385,06188,8243,6U738,18342.2314,60374,2343,08131,50335,3534,29775,9352,32227,85940,8764,878Amount refunded by type of returnCorporationEmploymentincome xeS 2 Excisetaxes 3jaXeS4M"4 15119,8914,7895,2965,9483,85816,4773,7275,2483"3,65414,9214,4614,4623,8492,14918,3244,6054,9224.2094,58817,4404,1484,2864,7484,25819,6685,6395,7504,5963,70316,0354,1904,9713,1953,67916,2514,1765,60Dn.a.n.a.1.381ill4793324591,1142071984212882,0541181823501,4042.26130D3425491,0701,1883442932263251,9073792014769419592082392902211,8773944033331,9w312F393reeg3252,2632755531,1143212,7713595703811,4612,6774094231,4923532A7113235381,2493612,3993464303991,2231,9693243983978522,4773244453931,315Estate andalft taxes(6)747 128191

Selected Historical and Other DataTable 19.-Exclse Taxes by Specified Fiscal Yeam, 1975-1993[Money amounts are in thousands of dollars]Taxes reported by fiscal year1975 198D 1985 1991 1992 1993-0) (2f (31 (4) (5) MYALCOHOL AND TOBACCO TAXES, TOTAL . ................ 7,61MM 6,151.184 9,M,293 12,125,900 13,353,696 13,697,416Distilled spirits ............................................................... 3,851.837 3.9Z7,235 3.501.559 3,763,058 3.889.720 3.797,200one . ............................................................... 17Z440 211,493 305,339 499,037 615,696 578,013............. .Beer ... .................................................................. 1,31015,034 1,545,441 1,569,726 2,964.591 3,402,057 3,329,424.........0garettes and cigars .................................................... 2,312,342 2,442,357 4,473.210 4.781,938 5,189.516 5,700,009MANUFACTURERS EXCISE TAXES, TOTAL ............... 5,516,611 6.4ff7A21 10,020,674 14,223,212 16,64Z890 16,694,097Gasoline and gasohol ~ ..... ............................................ 4.(T71,465 4.326,549 9,062,630 13,001,336 15,465,988 15,582,172Tires, tubes and tread rubberl .................................... 697,66D 682,624 242,923 284,360 279,852 311,442N/AMotor vehicles, bodies, parts..~...................................... 662,556 1,088,696N/AWAN/ARecreational products :.......................................... 84.946136,521166,666145,877242,401 281,742coal .................................................................... WA 251,288 548,356 630,700 630,6W 604,916W'**""**SPECIAL FUELS AND RETAIL TAXES, TOTAL ........... 404,107 550,144 3,802,608 4,753,159 5,237,506 5,770,136Diesel and special motor fuels ...................................... 370,489 512.718 Z430,165 3.690,518 4,198,979 4,377,5364 611 211 440Truck and trailer chassis and bodies.............................. WA NIA 1,289,750 926.381 90 ,8 , ,MISCELLANEOUS EXCISE TAXES, TOTAL ................. 3,306,077 6,359,198 11,044,833 9,903,242 10,871,BW 11,584,928Telephone and taletvpe, ................................................. 2,023,744 1,117,834 2,307,607 2,952.522 3,173,000 3,351.600Air transportation ........................................................... 850,567 1,748,837 2,589,818 4,299,627 4,661,757 4,623,948Highway use ..........* ....................................................... 207,663 263,272 456.143 593,123 596,167 616,741Policies issued by foreign Insurers ............................... 19,458 74,630 73.494 69,800 116,822 109,200Exempt orgartization not investment Income .................. 63,828 65280 136,153 182,997 204,780 224,568Crude oil windfall profit ................................................ WA 3,051,719 5.073.159 -425,106 -259,625 -365Environmental taxes . .................................. ................. N/A NIA 272,957 . 1,729,459 1,675,294 1,869,122Taxes reported by fiscal year quarter ending-Selected class of taxJune 1992 Sept. 1992 Dec. 1992 March 1993 June 1993 Sept. 1993(7) (8) (9) (1 ) (111) (12)-ALCOHOL AND TOBACCO TAXES, TOTAL .................. 3,410,142 3,478,119 3,452,63S r3,032,319 3,398,087 3,634,005Distilled spirits ............................................................... 971,647 966,989 1,096.035 846,323 894,098 960,744Wine .......................... 156,222 150,011 178,641 130,390 112,171 156,811--.....................Beer . ................. 928,83D 924,777 766,438 757.897 8Q.145 962,954...............Cigarettes and ................. 1,383,566 1,296,693 1,408,572 1,293,234 1,603,384 .1,394,819MANUFACTURERS EXCISE TAXES, TOTAL ................ 4,122,926 4,224,969 4,311AII r4,145,183 3,910,024 4,326,9794 000 154 3 858 731 3 655 945 4 067 343Gasdine arid gasohol 2 ....... ......................................... 3,820,232 3,925,767, ,, ,. , ., ,l .................................... 70 00073 92780 38874,904 72,65083,500Tires, tubes and Used rubber,,,Recreational products-t............................................... 69,27969,44258,601 6D.275 78,873 82,023coal ............................................................................... 159,600 154.400 156.972 155.663 147,132 145,149.SPECIAL FUELS AND RETAIL TAXES, TOTAL 5 ; 1,242,427 r1l X9,059 1,356,809 1,397,738 1,i03,048 1,602,541Diesel and special motor fuels .................................... 989,722 1,108,926 1,056.174 1,064,456 1,067,172 1.189,734294 760 366 497Truck and trailer chassis and bodies.............................. 213,300 256,100 267,081 283,102 , ,MISCELLANEOUS EXCISE TAXES, TOTAL .................. Z584,633 r2,1195,1111 Z724,224 Z7114,858 2,702,093 3,443,754Telephone and talletvpe ................................................. 781,900789,40D845,100794.200 821,100891,2DO1 164 8551 161 8141 176.748 1,148.271 970,437 1,328,492Air transportation ..........................................................., ,, .,HWr.vav use ................................................................. 103,085.3D1.73259,000 136.535 109,ODO 312,2D6Poikies issued by foreign insurers ............................... 28,654 31,710 30,000 27,400 24,20027,600481 94 03259 244Exempt organizalim not investment Income.................. 76,946 63,508 41.619 29, , .Crude oil windfall profit -145,915-44,891-365-7Environmental tam ............................... .......406,606474,591400,902 - 400,4Z 4811,26~ 588,520See notes following Table 21.1921

Selected Historical and Other DataTable 20.-Selected Returns and Forms Filed or to be Filed by Type During Specified Calendar Years, 1975-1995Type of return or formIndividual IncomeForms 1040,1040A,and 104OPC ................................................Paper returns .........................................Electronicalty-filed returns.....................Business returns ................................ _Schedule C .......................................Schedule F .......................................Nonbusiness .........................................Forms 104ONR, 1040PR, and 104OSSCorporation Income 2 .....................................Forms 1120 ..............................................Form 1120A ............................................ IForm 1120S ..............................................Other .........................................................Partnership, Form 1106S ..................................Fiduciary, Forms 1041 and 1041S 3 ..............4................Estate tax, Forms 706 and 706NA -Gift tax, Form 709 ...........................................Exempt Organizations ....................................Forms 990 and 990EZForm 990-PF ................................................* *Form 990-T ...................................................Forms 990C, 4720, and 5227 ......................See notes following Table 21.1975M84,026,80083,913,10083,913,100N/A10,073,1007,439,0002,634,20073,840,000113.7002,132,8001,762,900N/A367.2002.6001,132,aoo1,584,200225,8W273,200403,8W346,60029.6DO19,7w-7_9Mlow12193,196.10093,052,30093.052,300N/A11,402,9008,944,3002,458,60081,649,400143.8002,675,7002,115.500N/A528,10032.1001,401,6001,881,800147,3002K800"2,600362,60033,10023,5DO23,40019Mim99,704~=99,528.90099.528.9DON/A14,136,80011,767,3002,369.40085,392.100175,3003,437,3002,432,300199 700738,iZ; '68,4001,755,3002,125,00080,80097,70004,1100365,5M32,ODO26,2DO3_0 400Number filed In calendar year-19W10112,596,OWlIZ305,00D108,100,9w4,204.20016,170,20014,149,0002,021.30096,134,8W291,0004,319,5002,334,600332.0001.536,100116,8001,750,9002,GW,90060,000147,700487,400359,70044,70039,10043 9_001 INGIMIAt 16,4001113J54,400101,272,10012,482.3DO17,410,50015,495,3001,915,20096,343,90036ZOOO4,516,3002,127.400354.4001.9M.SM128,700ll,M7,2041)2,950,M)72,900217,800537,5W391,60048.ODO44,2DD53,7001994(Proiected)MIA908'800114,540,000100,524.50D14,015,50017,975,60015,998,6001,876,90096,664,400368,8004,543,0002,118,200338.400I.M,000136,400I.M9,31114)2,996,8M80,0002241~500550,000402,20047,80045,70D54,300igo(ProjecteMM116,719,500116,320,200100,079.30016.240,80018,333,00016,500.0001,833,00097,987,0M399,3004,684,=2,116,2W340.30D2,084,200143.5W1,5110,440103,049,30085,000231,70056%500412.30049.2DO47,10D54,900Table 21.-TaxpayerS Receiving Assistance, Paid and Unpaid, Tax Years 1988-1992[Some estimates based on samples-all data are in thousands]Type of assistanceReturns with paid preparer signature:AN returns ................................................................................................11040EZ ....................................................................................................1040A ......................................................................................................1040, total ............................................................................ ...................1040 Business, total ............................................................................Nonfarm ...........................................................................................Farm ................................................................................................1040 Nonbusiness, total ......................................................................With itemized deductions ................................................................Without itemized deductions ...........................................................Electronically filed 2 ...................................................................................19%M51,5078874,29046,33011,5709,9811,59034,75914,92919,831n.a.198952.8087253.88548,19712,09210.3711.72136,10517,00219,103n.a.Tax year19W54,4996484,80149,04910,7239.0251,69736,62917.24919.3804,7151991 1992141 M55.7116674,69550,34812,65710.9861,67137,69117,74919,9427,44856,0517775.63049,74412,86411,2121.65236,08017.36719,5138,696Assistance provided by IRS~Telephone inquiries .................................................................................Recorded telephone information .............................................................Office walk-ins, information .....................................................................Written inquiries .......................................................................................Special programs:Community classes and seminars (taxpayers assisted) .....................Volunteer Income Tax Assistance (VITA) (returns prepared) .............Tax Counseling for the Elderly (returns prepared)See notes on following page.36,98227,8127,00818795240441933,90622,1787.10417272246644835,10028,8807,17318892440149634.95132,3347,247202711403516r35,3D430,06016.974'16917471Mr4941193

Notes to Selected Historical and Other Data Tables194-General notations and statementN/A - Not applicable.n.a. - Not available.pPreliminary.r - Revised.Estimate should be used with caution because of thesmall number of sample returns on which it isbased. See "Appendix-SOI Sampling Methodologyand Data Limitations."Not shown to avoid disclosure of information aboutspecific taxpayers. However, the data are includedin the appropriate totals. ,Detail may not add to totals because of rounding.Table I[11 Includes "standard" electronically-filed (ELF)returns starting with 1985, returns filed electronicallyby telephone ("TeleFile") starting with 1991,and computer-generated "paper" returns (Form1040PQ starting with 1992, reclassified as Form1040, 1040A, and 1040EZ returns for Statistics ofIncome, depending on the filing characteristics ofeach return.,[2] Less deficit. Starting with 1987, data are notcomparable with earlier years because of majorchanges in the law, many of which are referred to inother footnotes.[3] Not included in AGI.[41 Starting with 1987, represents total dividends;previously, represented total dividends after statutoryexclusion.[51 Starting with 1987, losses are after "passive loss"limitation.[61 Starting with 1987, represents total capital gains;previously, represented total capital gains afterstatutory exclusion. For other changes affectingcapital gains, see Statistics ofIncome-IndividualIncome Tax Returns, various years.[71Before 1980 and starting again after 1987, excludesIndividual Retirement Arrangement (IRA) distributions;for intervening years, pensions and EPAdistributions in AGI were reported together on thetax return. Effective during 1986, the more liberal ofthe two methods of computing the nontaxableportion of pensions and annuities (representingtaxpayer contributions to certain pension plans) wasrepealed.[81 Starting with 1987, represents total unemploymentcompensation; previously, all or part was excludableunder certain conditions. .[91 Excludes sole proprietorship (including farm) rentalincome or loss. Starting with 1987, rental losses arebefore "passive loss" limitation and, therefore,exceed the amount included in AGI.[101 Excludes certain royalties included in computationsofcapital gain or loss and of ordinary gain or loss,sales of noncapital assets.[11] Prior to 198 1, amounts for net income are actuallyfor net income (less loss). Net income and loss werenot separately tabulated. Also, for these years, thenumber of returns shown with net income wasrounded to-millions-during-processing;-the-more -exact number was not tabulated.[12] See footnote 5.[13] See footnote 11.[141 See footnote 5.[151 Includes adjustments not shown separately in Table1. Starting with 1987, excludes employee movingand certain other business-related expenses, deductionfor married two-earner couples, and certainalimony payments, but includes self-employedhealth insurance deduction; see also footnotes, 16 and17. Starting with 1990, adjustments include deductionfor one-half of self-employment (social security)tax. For changes in adjustments for earlier years, seeStatistics ofIncome-Individual IncomeTaxReturns.[16] Deductible Indiviaual Retirement Arrangement(IRA) contributions, reflected in adjustment statisticsstarting with 1980, were limited starting with 1987.[17] Deduction expired July 1992, but was later reinstatedretroactively. Data for 1992 are understated'because they exclude amounts subsequently claimedon amended returns.[18] Includes exemptions for blindness repealed effective1987. Deduction for exemptions was limited forhigher-income taxpayers starting with 199 1. Exemptionamounts were indexed for inflation startingwith 1985 and were limited for certain high-incometaxpayers starting with 1987.

Notes to Selected Historical and Other Data Tables[19] In general, represents the sum of standard anditemized deductions. For 1980 and 1985 data,includes total itemized deductions before subtractionof "zero bracket amount," plus, for non-itemizeddeduction returns, the zero bracket amount and, for1985 data only, charitable contributions deduction.Starting with 1987, includes revised itemizeddeductions (see also footnotes 21-24), "basic"standard deduction and "additional" standarddeductions for age 65 or over for blindness (forchanges in the standard deduction and its relation tothe zero bracket amount, see Statistics ofIncome-Individual Income Tax Returns, for appropriateyears). Starting with 1991, total itemized deductionsare after statutory limitation (see footnote 21).[20] For 1980 and 1985 data, represents "zero bracketamount" used on returns of non-itemizers; see alsofootnote 25. Zero bracket amount for 1985 andstandard deduction, starting with 1986, were indexedfor inflation.[211 Includes itemized deductions not shown separatelyin Table 1, including revised deductions, startingwith 1987, for "miscellaneous expenses" afterlimitation and for employee moving expenses; seealso footnotes 22-24. In general, total itemizeddeductions were limited for certain high-incometaxpayers starting with 199 1. For changes indeductions for earlier years, see Statistics ofIncome-IndividualIncome Tax Returns.[221 Deductible medical and dental expenses werelimited, starting with 1987, based on a revisedpercentage ofAGI. For changes in the deduction for1987 and earlier years, see Statistics ofIncome-Individual Income Tax Returns.[231 Starting with 1987, State sales taxes were no longerdeductible.[24] Starting with 1987, deductions for "personal" interestand mortgage real estate loan interest were limitedand, starting with 1991, personal interest was nolonger deductible.[25] For 1980 and 1985 data, taxable income includes the"zero bracket amount," repealed effective 1987 andpartially replaced by standard deductions which weresubtracted in computing taxable income. A standarddeduction was similarly used prior to 1980. For thepercentages of AGI used for the standard deductionand the limitation on the deduction, see Statistics ofIncome-Individual Income Tax Returns.(26] Different tax rate structures applied to Tax Years1970, 1971-1978, 1979-1981, 1982-1986, 1988-1990, 1991-1992, and 1993. Indexing of tax rateboundaries for inflation was introduced starting with1985. The preferential maximum tax rate on netlong-term capital gains under "alternative tax" wasrevised over the years. Alternative tax was abolishedeffective 1987, but a maximum capital gains tax rateless than the maximum regular tax rate continued toapply under certain conditions starting with 1991.For additional information on changes affecting taxcomputations, see Statistics ofIncome-IndividualIncome Tax Returns..[271 Includes that portion of the earned income used tooffset income tax before credits; see also footnote32. Earned income credit is shown in Table 2.[28] Includes credits not shown separately in Table 1,such as the political contributions credit (repealedeffective 1987), earned income credit (liberalizedstarting with 1987 and 1991), and low-incomehousing credit (introduced effective 1987); see alsofootnote 29. For changes in credits allowed forearlier years, see Statistics ofIncome-IndividualIncome Tax Returns.[29] Investment credit was included in the more-inclusivegeneral business tax credit starting with 1984. Withexceptions, investment credit was repealed effective1986.[30] Includes income tax after credits and additional taxfor tax preferences, Le, "minimum tax" or "altemativeminimum tax" (see footnote 3 1).[31] The add-on "minimum tax" on "tax preferences"(chief among which were net long-term capitalgains) was introduced starting with 1970. (This taxwas formerly described in Statistics of Income as the"additional tax for tax preferences.") The minimumtax computation, using a base related to taxableincome, was revised and the tax rate increasedeffective 1976. The number of preferences subjectto tax was revised effective 1976 and 198 1. Startingwith 1979, two major preferences formerly subject iominimum tax (including net long-term capital gains)were subjected, instead, to the new "alternativeminimum tax," which required taxpayers to pay thelarger of the regular income tax or the AMT.Computation of AMT was revised effective 1980 (toallow tax to be reduced by certain credits) and,again, effective 1981 (to modify the graduated ratestructure). Minimum tax was abolished effective195

Notes to Selected Historical and Other Data Tables1961983 and many of the tax preferences subject to thistax subjected, instead, to a revised AMT. AMT wasincreased starting with 1983 by introduction of asingle, higher tax rate which replaced two, lowergraduated rates. The single rate was increasedeffective 1987 and 1991; two, higher graduated rateswere introduced effective 1993.[32] Includes refunds and credits to the following year'sestimated tax and refundable portion of earnedincome credit. Reflects overpayments of income tax,tax recapture ofcertain prior-year tax credits, taxapplicable to Individual Retirement Arrangements(IRA's), self-employment (social security) tax, socialsecurity tax on certain tip income, and certain otherincome-related taxes (for the taxes applicable to theyears shown, see Statistics ofIncome-IndividualIncome Tax Returns).[33] Reflects taxes mentioned in footnote 32.SOURCt~Statistics ofincome- -Individual Income TaxReturns, appropriate years. Data are subject to samplingerror. Tax law and tax form changes affect the year-toyearcomparability of the data. See the specific Statisticsof Income reports for a description of sampling error andof the change s_ mentioned above. - - '_ITable 2[I]Includes returns with adjusted gross deficit.[2] U.S. totals in Table 2 do not agree With Tables I and3 mostly because Table 2 also includes (a) "substitutesfor returns," whereby the Internal RevenueService constructs returns for certain known nonfilerson the basis of available information andimposes an income tax on the resulting estimate of"taxable income," and (b) returns of nonresident ordeparting aliens. In addition, for purposes of Table 2:a. "Number of exemptions" also includes responsesof taxpayers who checked the boxes on their taxreturn for age 65 or over or for blindness in orderto claim the additional standard deductions forage or blindness. This treatment enables somecomparability to be maintained between Statedata starting with 1987 and data for years prior to1987. Number of exemptions is still understated,however, because these boxes are notchecked if taxpayers itemize deductions. (Prior to1987, checking these boxes entitled taxpayers toadditional personal exemptions.)b. "Itemized deductions" includes any amountsreported by the taxpayer, even if they were notused in computing taxable income, e.g., amountsreported on returns with no adjusted grossincome. See also footnote 21, Table 1.c. "Total tax liability" includes income tax aftercredits, alternative minimum tax, tax recapture ofprior-year investment or low-income housingcredits, tax applicable to Individual RetirementArrangements (IRA's), self-employment (socialsecurity) tax, social security tax on certain tipincome, and certain other income-related taxes.Total tax liability is before reduction by earnedincome credit (see footnotes 2(d) and 3, below).d. "Earned income credit" includes both therefundable and nonrefundable portions. Thenonrefundable portion could reduce income taxand certain related taxes to zero. See alsofootnote 3.[31 "Excess earned income credit" represents therefundable portion of the credit (see footnote 2(d))and equals the amount in excess of total tax liability(defined in footnote 2(c)), including any advanceeamed-income,credit,payments for those returnswhich had such an excess.[4) Includes, for example, returns filed from Army PostOffice and Fleet Post Office addresses by membersof the armed forces stationed overseas; returns filedby other U.S. citizens abroad; and returns filed byresidents of Puerto Rico with income from sourcesoutside of Puerto Rico or with income earned as U.S.Government employees.NOTE: This table presents aggregates of all returns filedand processed through the Individual Master File (IMF)system during Calendar Year 1993. Data have not beenedited for Statistics of Income purposes. -SOURCE: Internal Revenue Service, Corporate SystemsDivision, Individual Systems Branch.Table 3[I]Includes income tax after credits and the alternativeminimum tax (see footnote 2).[2] In addition to low-income taxpayers, this size class(and others) includes taxpayers with "tax preferences,"not reflected in adjusted gross income ortaxable income, which are subject to the "alternativeminimum tax" (included in "total income tax")defined in footnote 3 1, Table 1.

Notes to Selected Historical and Other Data Tables[3] Not computed.SOURCE: Statistics ofIncome-Individual Income TaxReturns, appropriate years. Data are subject to samplingerror. Tax law and tax form changes affect the year-toyearcomparability of the data. See the specific Statisticsof Income reports for a description of sampling error andof the changes mentioned above.Table 4[11 Represents "income" from owner-occupied nonfarmhousing (less actual rental income and subsidies);proprietors' income; services to individuals furnishedwithout payment by financial intermediaries (exceptlife insurance carriers and private non-insuredpension plans); employment-related food toemployees,including that related to military and domesticservice; standard military clothing issued to militarypersonnel; and employees' lodging. Excludesemployer-paid health and life insurance premiums.[21 Represents imputed interest received by personsfrom life insurance carriers and private non-insuredpension plans.[3] Starting with 1990, the procedure for estimating thedifference between NIPA and IRS treatment ofdepreciation was revised. Therefore, the data foryears before 1990 are not comparable to data forlater years.[4] Represents income of low-income individuals notrequired to file individual income tax returns,unreported income, and statistical errors or omissionsand effects of errors in data for adjusted grossincome or personal income.SOURCE: U.S. Department of Commerce, Bureau ofEconomic Analysis, The National Income and ProductAccounts ofthe United States, Volume 1, 1929-58, 1993,and Volume 2, 1959-88, 1992; for years after 1988, SurveyofCurrent Business, various issues. Statistics of Income dataare subject to sampling error; tax law and tax form changesaffect the year-to-year comparability of the data. See thespecific Statistics of Income reports for a description ofsampling error and of the changes mentioned above.Tables 5 and 6[1] See Table 4 for the differences between personalincome and adjusted gross income.[21 Beginning with 1987, data are not comparable withearlier years because of major changes in thedefinition of adjusted gross income.SOURCE: U.S. Department of Commerce, Bureau ofEconomic Analysis, The National Income and ProductAccounts ofthe United States, 1929-58, Volume 1, 1993,and Volume 2, 1959-88, 1992; for years after 1988,Survey ofCurrent Business, various issues. Statistics ofIncome data are subject to sampling error; tax law and taxform changes affect the year-to-year comparability of thedata. See the specific Statistics of Income reports for adescription of sampling error and of the changes mentionedabove.Table 7[1] Returns with standard deduction, starting with 1955,include a small number with no adjusted grossincome and no deductions. (For 1977-1986, standarddeduction is the "zero bracket amount," which wasalso reported on a small number ofreturns includedin the 1987-1988 statistics; see footnote 2.) For1944-1954, returns with no adjusted gross incomeare included in the number of returns with itemizeddeductions.[21 Amount of standard deduction for 1944-1957 wasestimated by Joseph A. Pechman, The BrookingsInstitution, on the basis of the distribution of thenumber of returns by income class and marital statusin Statistics ofIncome-Individual Income TaxReturns, and, starting with 1958, was obtaineddirectly from Statistics of Income tabulations forthese years. Represents "zero bracket amount" for1977-1986. Starting with 1987, represents the sumof "basic" and "additional" standard deductions (forage 65 or over and for blindness); also includes zerobracket amount reported on the small number ofprior-year returns filed in 1988-1989 that wereincluded in the 1987-1988 statistics.[31 For 1977-1986, total itemized deductions are beforesubtraction of the "zero bracket amount." Startingwith 1991, total itemized deductions are afterstatutory limitation (see footnote 21, Table 1).[41 Sum of standard and itemized deductions, pluscharitable deduction reported on standard deductionreturns for Tax Years 1982-1986. For 1987-1988,total deductions also include "zero bracket amount"reported on a small number of returns (see footnote 2).[51 See footnote 2, Tables 5 and 6.SOURCE: Except as indicated in footnote 1, Statistics ofIncome-Individual Income Tax Returns, and unpublishedtables, appropriate years. Data are subject to sampling197

Notes to Selected Historical and Other Data Tables.198error. Tax law and form changes affect the year-to-yearcomparability of the data. See the specific Statistics ofIncome reports for a description of sampling error and ofthe changes mentioned. above.Table 8[1] See Table 4 for the differences between personalincome and adjusted gross income.[2] Excludes the "zero bracket amount" for 1977-1986.Because of major changes in law, taxable incomestarting with 1955 and 1987 is not comparable withearlier years. See also footnote 25, Table 1.[3] For the definition of total income tax, see footnote 30,Table 1.SOURCE: U.S. Department of Commerce, Bureau ofEconomic Analysis, The National Income and ProductAccounts of the United States, Volume 1, 1929-58, 1993,-and Volume- 2, 1959-88, 1992; for years after4988, Survey -ofCurrent Business, various issues; and Statistics ofIncome-Individual Income Tax Returns, appropriateyears. Statistics of Income data are subject to samplingerror; tax law and tax form changes affect the year-to-yearcomparability of the data. See the specific Statistics ofIncome reports for a description of sampling error and ofthe changes mentioned above.Table 9[I I Starting with 1975, includes refundable portion of theearned income credit.SOURCE: Statistics ofIncome-Individual Income TaxReturns, and unpublished tables, appropriate years. Dataare subject to'sampling error. Tax law and tax formchanges affect the year-to-year comparability of the data.See the specific Statistics of Income reports. for a descriptionof sampling error and of'the changes mentionedabove.Table 10[1] Total deductions include amounts not shownseparately in Table 10, as well'as amounts notreported separately on Schedule C-EZ (short form)used by certain of the smaller businesses startingwith 1992. Most deductions for which statistics areshown are slightly understated to the extent that onlytotal deductions had to be reported on Schedule C-EZ. After 1986, total deductions exclude disallowed"passive losses!'; net income (less deficit), netincome, and deficit include these losses. In addition,net income (less deficit), net income, and deficit areafter adjustment for the passive loss carryover fromprior years.. Therefore, business receipts minus totaldeductions do not equal net-income (less deficit).0SOURCE: Statistics ofIncome-Sole ProprietorshipReturns, appropriate years, and Statistics ofIncomeBulletin, Summer issues (for most years). Data are .subject to sampling error. Tax law and tax form changesaffect the year-to-year comparability of the data. See thespecific Statistics of Income reports for a description ofsampling error and of the changes mentioned above.Table 11[1]..Includes assets and liabilities not shown separately.Totals are somewhat understated because not allpartnership returns.included a complete balancesheet.[2] Short-term debt is the abbreviated title for mortgages,notes, and bonds payable in less than I_year._[31 Long-term debt is the abbreviated title for mortgages,notes, and bonds payable in I year or more. Inaddition, for Tax Year 1975, long-term debt includednonrecourse loans.[41 "Total receipts" and "total deductions" includeamounts not shown separately. Prior to 198 1, "totalreceipts" included gross income from farming"rents, and royalties. Expenses related to this incomewere included under "total deductions." Startingwith 1981, only the net incomes or deficits fromfarming, rents, and royalties were tabulated; thepositive amounts were included under "totalreceipts" and the negative 'amounts uṙider "totaldeductions." The related expenses were nottabulated. Because of a redes ign of the partnershipreturn, starting with 1987, total receipts wascomputed as the sum of "total income from a tradeorbusiness"; "portfolio income" distributed directlyto partners, fiom interest, dividends and royalties,but not from net capital gains; rental real estateincome (positive amounts only); and income fromother rental activities (positive amounts only).Most, but not all, of these types of income wereincluded in receipts data for 1986 and earlier years.Portfolio income from capital gains, starting with1987, was intentionally omitted to improve thecomparability of the data with earlier years.[51 In finance, insurance, and real estate prior to 1981,only gross rentals reported as investment incomewere treated as business receipts and only if they

Notes to Selected Historical and Other Data Tableswere the principal operating income.[61 For 1982-1986, also includes certain dividendsreported in combination with interest.[71 After 1980, reprektitsIthe more complete amountsreported in depreciation computation schedulesrather than the amounts reported as the depreciationdeduction (augmented by depreciation identified forthe statistics in cost of sales and operations schedules).SOURCE: Statistics ofIncome-Partnership Returns,appropriate years, and Statistics ofIncome Bulletin,Summer or Fall issues (for most years). Data are subject tosampling error. Tax law and tax form changes affect theyear-to-year comparability of the data. See the specificStatistics of Income reports for a description of samplingerror and of the changes mentioned above.Table 12MSize classes are based on "business receipts," i.e.,gross amounts from sales and operations, forindustries except those in finance, insurance, and realestate. For the latter industries, "total receipts,"which is the sum of business receipts and investmentincome, was used. For partnerships, comparability ofdata by size of receipts is affected by revisions to thedefinition of receipts; see also footnotes 4 and 5,Table 11. To help minimize the break in comparabilitycaused by the change in statistical treatment ofpartnership farm and rental income, an effort wasmade for 1981-1987 only, to include rental (thoughnot farm) gross income in the receipts used for thesize distribution in Table 12. Starting with 1988though, only partnership net rentals are reflected inthe size distribution.[2] Includes returns with no business receipts.[3] Includes corporations and partnerships with zeroassets and liabilities. In addition, for partnerships,includes partnerships without balance sheet information(see also footnote 5, below).[4] See footnote 4, Table 11.[51 Prior to 1979, partnerships that had liquidated wereassumed to have zero assets and liabilities, even iftheir balance sheets showed otherwise, and wereincluded in the "under $25,000" asset size class.Beginning with 1980, balance sheet data for liquidatedpartnerships were tabulated as reported andwere included in the appropriate asset size classes.[6] For the difference between the number of businessreturns and the number of businesses, see Table 10.SOURCE: Statistics ofIncome-Corporation Income TaxReturns; Statistics ofIncome-Partnership Returns, SoleProprietorship Returns, and Business Income TaxReturns, depending on the year; and Statistics ofIncomeBulletin, Summer or Fall issues (for most years). Tax lawand tax form changes affect the year-to-year comparabilityof the data. See the appropriate Statistics of Incomereports for a description of sampling error and of thechanges mentioned above.Table 13[I]Starting with 1985, "number of returns" excludesreturns filed by taxable cooperatives, and, startingwith 1988, excludes returns filed by Foreign SalesCorporations (FSC'S*) and Interest-Charge DomesticInternational Sales Corporations (IC-DISC's); seealso footnotes 5 and 6, below. Because of theomission of these returns, totals for all income andfinancial items shown in the statistics (except thosenot applicable to IC-DISC's and FSC's, such as"income subject to tax... ..income tax," and taxcredits) are slightly understated. A change in thedefinition of S Corporation net income starting with1987 means that totals for receipts and deductionsare slightly understated to the extent that they werenot directly related to "trade or business income."Comparability of data for returns with net income isalso affected by this same change, as well as by achange in the definition of regulated investmentincome company net income for certain years; foradditional information about these changes in thedefinition of net income, see footnote 16.[2] Consolidated returns were filed on an elective basisfor groups of affiliated corporations (with exceptions),in general, if 80 percent or more of the stockof the affiliates was owned within the group and acommon parent corporation owned at least 80percent of the stock of at least one of the affiliates.[31 Included in "number of returns, total" and "numberwith net income."[4] In general, certain small, closely-held corporationsthat elected to be taxed at the shareholder level, withno more than 35 shareholders (25 for 1982; 15 for1979-198 1; 10 or 15 for 1977-1978, depending onconditions contained in the law; and 10 for earlieryears).199

Notes to Selected Historical and Other Data Tables200[51 Domestic International Sales Corporations (DISC's)were designed to promote U.S. exports. They weretaxed through parent corporations, but only whenprofits were distributed or deemed distributed tothem. This system of tax deferral was generallyreplaced after 1984 with a new system of ForeignSales Corporations (FSC's); see footnote 6. Taxbenefits of DISC's remaining after 1984 werelimited and an interest charge for tax-deferredamounts was imposed on the parent corporationswhose DISC subsidiaries were unable to meet theFSC requirements and that elected to continue as IC-DISC's.[ 6] Foreign Sales Corporations (FSC's) generally replacedDISC's as a means of promoting U.S. exports(see footnote 5). Under the FSC provisions, aportion of these subsidiaries' "foreign trade income"was exempt from U.S.-income-tax- - - - -,- - - -[ 71Starting with 1985, inventories includes amountsreported by real estate subsidividers and developerspreviously included in "other investments."[ 81 For 1980 and 1985 data, tax-exempt securities, representinginvestments in State and local Governmentobligations, were reported with investments in U.S.Government obligations as a combined total on thetax return. Starting with 1989, tax-exempt securitieswere again reported separately, but were defined toinclude, not only investments in State and localGovernment obligations, but also stock in -investmentcompanies that distributed dividends duringthe current year representing tax-exempt intereston such obligations.191Starting with 1991, accounts payable of banking andsavingsand loan institutions includes deposits andwithdrawable shares previously reported in "othercurrent liabilities."[10] In general, starting with 1987, statistics for receipts,deductions, and net income (or deficit) of S Corporationsare limited to those attributable to a trade orbusiness. Therefore, most investment income orloss, such as from taxable interest, dividends, rents,royalties, and gain (loss) from sales of investmentproperty; the deductions related to this income; aswell as deductions for charitable contributions,intangible drilling and development costs, oil andgasdepletion, foreign taxes paid, and the limitedexpensing of the cost of depreciable assets (Codesection 179), are not reflected in net income (becausethey were allocated directly to shareholders,instead). See also footnote 11.Starting with 1992, "cost of sales and operations"exclude amounts previously estimated for thestatistics from other information reported (often in"other deductions") on the tax returns of corporationsreporting "business receipts," without acorresponding cost of sales and operations. Most ofthese corporations were classified either in transportationand public utilities or in services.[111 Starting with 1987, "business receipts" includes thefull amount reported by stock and commodity brokersand exchanges, and by real estate subdividers,developers and operative builders, even when theybought and sold securities, commodities and realestate on their own account. Previously, suchtransactions were treated as "net gain (loss), non--capital assets-." - - - - -[12] See footnote 10.[13] Starting with the 1985 statistics, includes anydividends reported in combination with interest onForm 1120-S by S Corporations,- i.e., certaincorporations that elect to be taxed through shareholders(see footnote 4). Based on prior years whenForm 1120-S required each to bib reported separately,nearly all of the combined amount representsinterest.[141 For the 1985 statistics, "other deductions" includes,depletion and employer contributions to pension,profit-sharing, stock bonus, and annuity plans, and toemployee benefit programs, reported on the Form1120-A short form. Starting with 1988, identifiableamounts reported on Form 1120-A for any of theseitems are included in the statistics for the appropriatededuction. For the 1985 statistics, "other deductions"include depletion and employer contributionsto pension, profit-sharing, stock bonus, and annuityplans, reported on the Form 1 120-A short form.Starting with 1988, identifiable amounts reported onForm 1120-A for any of these items are included inthe statistics for the appropriate deduction. Startingwith 1992, "other deductions" include certainamounts previously treated as part of the cost ofsales and operations for Statistics of Income. Seealso footnote 10.[15] In general, "total receipts less total deductions"includes nontaxable interest on State and local

Notes to Selected Historical and Other Data TablesGovernment obligations, but excludes income fromrelated foreign corporations only "constructively"received. As such, "total receipts less total deductions"represents all income, taxable and nontaxable,"actually" received by the corporation, as reportedon the corporation income tax return, and excludesall income only "constructively" received. Incontrast, "net income (less deficit)" represents alltaxable income, actually or constructively received.Therefore, in the statistics, "total receipts less totaldeductions" minus "nontaxable interest on State andlocal Government obligations" and "constructivetaxable income from related foreign corporations"equals "net income (less deficit)." For the exception,see footnote 16.[16] "Net income (less deficit)," "net income," and"deficit" shown (a) for 1988 and 1990-1992 excludenet long-term capital gain reduced by net short-termcapital loss reported by regulated investmentcompanies (see also footnote 15), and (b) for 1990-1992 exclude amounts other than "from a trade orbusiness" reported by S Corporations (see alsofootnote 4). For comparisons with earlier years,these amounts should therefore be added back in.Regulated investment company net long-term capitalgain reduced by net short-term capital loss excludedfrom the statistics for net income (less deficit) for1988 was less than $0.05 billion, and for 1990, $7.5billion was excluded (for 1991, none of the returns inthe Statistics of Income sample showed such gains).For the more exact estimates, see the Source Book ofStatistics of Income, for the years concerned. SCorporation net income (less deficit) excluded fromthe 1992 statistics is estimated at $8.5 billion; datawith which to estimate net income (less deficit)excluded from the statistics for 1988-1991 were nottabulated. (For additional information about SCorporation net income, see "S Corporations, 1992,"Statistics of Income Bulletin, Spring 1995, Volume14, Number 4.)[17] For most years, "income subject to tax" (the corporatetax base) exceeds "net income (less deficit)"chiefly because of the deficits reported on returnswithout net income. Moreover, it is the sum of theseveral tax bases applicable over time to differentclasses of corporations, not all of which weredirectly related to net income. Income subject to taxthus includes the "taxable income" base used bymost companies (and defined as net income minuscertain statutory special nonbusiness deductions);prior to 1988, a variation of this base in combinationwith net long-term capital gains in certain situationswhere the lower capital gains tax applied; and thespecial tax bases applicable to S Corporations(otherwise taxed through their shareholders),insurance businesses, and certain investmentcompanies. Profits of Domestic International SalesCorporations were tax-deferred; most of those ofqualifying Foreign Sales Corporations were taxexemptand those of S Corporations were taxedthrough their individual shareholders. Therefore, thenet income of all these corporations is excluded fromincome subject to tax for years for which data forthese companies are included in the statistics (seealso footnote 1.)[181 For 1975-1980, includes tax from recapture of WorkIncentive Program (WIN) credit; starting with 1985,includes Personal Holding Company tax; startingwith 1988, includes tax on "branch profits" offoreign corporations with U.S. operations; and,starting with 1989, includes certain lesser taxes,including special taxes applicable to real estateinvestment trusts and foreign corporations with U.S.-source income.[191 Different tax rate structures applied for Tax Years1975-1978, 1979-1981, 1982, 1983-1986, and 1987-1992. In general, starting with tax years beginningin 1987, "Alternative tax" was repealed. This taxincluded a maximum rate on net long-term capitalgains that produced a tax that was less than thatproduced by the regular tax rates.[201 Effective during 1987, the "alternative minimumtax" replaced the "minimum tax" (formerly referredto in the statistics as the "additional tax for taxpreferences"). The tax rate for minimum tax wasincreased and the computation revised starting withTax Year 1976; computation was further modifiedeffective with Tax Years 1977, 1983, 1984, and1990. Tax preferences subject to the tax wereredefined starting with Tax Year 1976, and slightlyexpanded starting with Tax Year 1977. The altemativeminimum tax rate exceeded that applicableunder the former minimum tax.[21] Starting with the 1985 statistics, general businesscredit includes alcohol fuel, investment, jobs andemployee stock ownership plan (ESOP) creditswhich were reported separately for previous years.Also included are the research credit (starting 1986)and the low-income housing credit (starting 1987).With exceptions, investment credit was repealedeffective 1986; employee stock ownership plan 201

Notes to Selected Historical and Other Data Tables202 1contributions credit was repealed effective 1987. Forchanges in definitions of component credits, seeStatistics ofIncome-Corporation Income TaxReturns, for the years concerned..SOURCE: Statistics ofhicome-Corporation Income TaxReturns, appropriate years. Data are subject to samplingerror. Tax law and tax form changes affect the year-toyearcomparability of the data. See the appropriateStatistics of Income reports for a description of samplingerror and of the changes mentioned above.Table 14[11 See footnote 1, Table 13.[21 See footnote 10 and 16, Table 13.[31 See footnote 11, Table 13.[4] See footnote 13, Table 13.-[5]-- See footnotes 181-and 19, Table- 13.-[6] In addition toregplar (and alternative tax, for yearsprior to 1988), includes certain other taxes eithershown in Table 13, or specified in footnote 18, Table13.- See Statistics ofIncome-Corporation IncomeTax Returns, for the years concerned for moredetailed explanations.SOURCE: Statistics ofIncome-Corporation Income TaxReturns, appropriate years. Data are subject to samplingerror. Tax law and tax form changes affect the year-toyearcomparability of the data. See the appropriateStatistics of Income reports for a description of samplingerror and of the changes mentioned above.Table 15MProfits shown are without inventory valuation andcapital-consumption adjustments.[21 "Net income (less deficit)" and "income subject totax" exclude taxable cooperatives starting with TaxYear 1980. Net income ' (less deficit) starting with1985 excludes Foreign Sales Corporations (FSC's)and Interest-Charge Domestic International SalesCorporations (IC-DISC's); see also Table 13,footnote 1. For changes in the definition of regulatedinvestment company afid *S Corporation netincome, see Table 13, footnote 16.[31For the definition of "income subject to tax," seefootnote 17, Table 13. See also footnote 2, above.SOURCE: U.S. Department of Commerce, Bureau ofEconomic Analysis, The National Income and ProductAccounts ofthe United States, Volume 1, 1929-58, 1993,and Volume 2, 1959-88, 1992; for years after 1988, SurveyofCurrent Business, various issues; and Statistics ofIncome-Corporation Income Tax Returns, appropriateyears. Statistics of Income data are subject to samplingerror; tax law and tax form changes affect the year-to-yearcomparability of the data. See the specific Statistics ofIncome reports for a description of sampling error and ofthe changes mentioned above.Table 16[1] Total adult deaths represent those of individuals age20 and over, plus deaths for which age was unavailable.[2] Prior to 1982, number of "taxable estate tax returns"by year of death is only approximate because, whilethe majority of returns filed in a given calendar yearrepresent estates-of decedents-who died in theimmediately preceding year, many represent estatesofdecedents who died in earlier years. Therefore,the number of taxable returns shown as for 1976decedents is actually the number of taxable returnsfiled in 1977, regardless of year of death. Startngwith 1982, statistics by year of death are moreaccurate because they are based on the year ofdeathreported on return filings over a period of successiveyears.Year-to-year comparability is affected by changes inthe gross estate filing threshold which is based ondate of death: 1934 ($50,000); 193.5 ($50,000changing to $40,000); 1942 ($40,000 changing to$60,000); 1943 ($60,000); 1977 ($120,000); 1978($134,000); 1979 ($147,000); 1980 ($161 9000);1981 ($175,000); 1982 ($225,000); 1983($275,000); 1984 ($325,000); 1985 ($400,000);1986 ($500,000); and 1987 ($600,000).SOURCE: For years after 1953, Statistics of Income-Estate Tax Returns; Estate and Gift Tax Returns;Fiduciary, Estate and Gift Tax Returns; and unpublishedtabulations, depending on the year. For years prior to1954, Statistics ofIncome-Part 1. Adult deaths are fromthe National Center for Health Statistics, Public HealthService, U.S. Department of Health and Human Services,Vital Statistics ofthe United States, unpublished tables.Tables 17 and 18(1] Collections include that portion designated for the

Notes to Selected Historical and Other Data TablesPresidential eiection campaign fund by taxpayers ontheir income tax returns. Also included is theincome tax collected from estates and trusts.Income tax from estates and trusts collected in 1993was $6.0 billion; in 1992, $6.1 billion; in 1991, $4.8billion; in 1990, $5.9 billion; in 1989, $6.0 billion;in 1988, $6.5 billion; and, in 1987, $8.4 billion.Presidential election campaign designationsamounted to $24.9 million in 1993; $29.6 million in1992, $32.3 million in 1991; $32.5 million in 1990;$32.3 million in 1989; $33.2 million in 1988; and$33.2 million in 1987.[21 Includes various taxes applicable to tax-exemptorganizations, including the tax on "unrelatedbusiness income." Total taxes collected from taxexemptorganizations were $173.6 million in 1993,$181.6 million in 1992, $155.6 million in 1991,$127.9 million in 1990, $115.6 million in 1989,$137.5 million in 1988, and $119.9 million in 1987.Refunds include the refundable portion of the earnedincome credit; see footnote 3, Table 2. Individualincome tax refunds are net of offsets under lawswhich require IRS to act as collecting agent fordelinquent payments owed various U.S. Governmentagencies under specific programs.[31 Excise taxes are imposed on selected products,services and activities, such as on alcohol andtobacco products and on gasoline. Statistics shownin Table 17 have been revised, starting with FiscalYear 1988, to include alcohol and tobacco taxes,collection of which was transferred from the InternalRevenue Service to the Bureau ofAlcohol, Tobacco,and Firearms, starting with that year. Collectionsand refunds of manufacturers tax on recreationalproducts include taxes on firearms, responsibility forwhich was transferred from the Internal RevenueService to the Bureau of Alcohol, Tobacco, andFirearms starting January 1991. Collections excludetaxes on cargoes paid to the U.S. Customs Service;however, refunds include these taxes.[4] Employment taxes include payroll taxes levied onsalaries and wages, such as social security, railroadretirement, and unemployment taxes; plus the selfemployment(social security) tax imposed on"self-employment income."NOTES: Refunds in Table 18 are associated with thetaxes (including alcohol, tobacco, and firearms taxes)described in footnotes 1-4, Table 17. Collections (orrefunds) are those made during time periods indicated,regardless of the year or other period during which the taxliability was incurred (or to which the refund applied).Collections represent the gross amounts before refundsand include amounts paid with the tax return; prior tofiling the return (as applicable, income tax withheld byemployers and estimated tax payments); and subsequent tofiling the return (chiefly the result of initial return processingor of examination and enforcement activities).Collections also include interest and penalties.Refunds result chiefly from tax overpayments determinedat time of filing a return. Also included are amountssubsequently determined as due the taxpayer as a result ofan amended return or a claim for refund (including thoseproduced by "net operating loss" and other carrybackadjustments from future taxable years); or as a result ofinitial return processing or of IRS examination and otheractivities.All refund data include interest paid by IRS (in 1993, $2.1billion; in 1992, $3.2 billion; in 1991, $2.8 billion; in1990, $2.4 billion; in 1989, $0.5 billion; in 1988, $0.4billion; and, in 1987, 0.4 billion).For 1970 and 1975, the fiscal year was defined as July ofthe previous calendar year through June of the year noted.Starting with 1980, the fiscal year was redefined asOctober of the previous calendar year through Septemberof the year noted. (For Fiscal Year 1976, data are notshown for the interim period, July-September 1976.)Starting with Fiscal Year 1988, additional detail on manufacturers,excise taxes, retail and special fuel taxes, andmiscellaneous excise taxes is available in the fourth quarterInternal Revenue Report ofExcise Taxes; previously thisinformation was published in the Internal Revenue ServiceAnnual Report. For additional detail on alcohol, tobacco,and firearms taxes, see the Statistical Release, Alcohol andTobacco Tax Collections, Bureau of Alcohol, Tobacco, andFirearms, U.S. Department of the Treasury.SOURCE: U.S. Department of the Treasury, InternalRevenue Service, Case Processing Division, AccountingBranch.Table 19[1] Alcohol and tobacco taxes each include special(occupational) taxes prior to Fiscal Year 1988.Starting with Fiscal Year 1988, occupational taxesare excluded from the separate amounts shown foralcohol and for tobacco taxes, although they arereflected in the combined total for all alcohol andtobacco taxes.203

Notes to Selected Historical and Other Data Tables204[21 Also includes lubricating oil taxes. Effective January 7,1983, taxes on lubricating oil were repealed.[3] Effective January 1, 1984, taxes on tubes and treadrubber were repealed. -[4] Effective January 7, 1983, the manufacturers excisetaxes on parts and accessories for trucks and buses,which are included in this classification, were .repealed. Beginning with the quarter ending December1983, taxes on motor vehicles are excluded.[5] Starting with the quarter ended December 1983,includes manufacturers excise taxes on motorvehicles and. starting with the quarter ended March1990, Leaking Underground Storage Tank TrustFund tax (except for the tax on fuel used in aviation,which is classified under environmental excisetaxes.) Also, starting with the quarter ended June1991, includes the luxury taxes on automobiles,boats, aircraft, jewelry, and furs. Except for the taxon automobiles, these taxes were repealed effectiveJanuary 1993.[61 Repealed effective August 23, 1988. Amountsreported for more recent time periods result fromamended filings, delinquent taxes, examinationactivities, and refunds of tax deposited in excess oftax liabilities.[71 Environmental "Superfund" tax expired September1985, but was reimposed January 1987. Datainclude Oil Spill Trust Fund and ozone-depletingchemical taxes, effective January 1990. Alsoincludes Leaking Underground Storage Trust Fundtax for quarters ended March 1988 through December1989; thereafter, except for the tax on aviationfuel use, this tax is classified under special fuels tax.NOTE: Amounts reported for specific excise taxes are thetotal tax liabilities reported on returns processed duringthe period shown and thus differ from amounts collectedduring the same period through deposits and paymentsattached to returns, some of which were processed in otherquarters. Gross excise tax collections are shown in Table17.SOURCE: U.S. Department of the Treasury, InternalRevenue Service, Case Processing Division, AccountingBranch; and Financial Management Service.Table 20[1] Form 1040 is the long form, and Form 1040A, oneof the two short forms. Prior to 1994, Form 1040EZ,the other short form, was for single taxpayers withno dependents; starting with 1994, certain marriedtaxpayers with no dependents could also file on thisform. Schedule C is for reporting non-farm soleproprietorship business income and deductions andSchedule F is for reporting farm sole proprietorshipincome and expenses. Totals for Forms 1040,1040A, and 1040EZ, as well as totals fornonbusiness Form 1040 returns with Schedules C orF attached, include "papee'returns, plus "standard"electronically-filed (ELF) returns (usually filed bytax preparers) starting with 1986. Starting with1992, these totals also include returns filed bytelephone ("TeleFile"). Form 104OPC represents.11papee' Form 1040, 1040A, or 1040EZ returns filedby taxpayers (or tax preparers) using an IRSapprovedcomputer software-generated format,rather than a specific tax form. Calendar Year 1992is the first for which this "form" applied. "Othee,includes-Form-1040C-(departing-alien) in yearsbefore 1992; 104ONR (nonresident alien); 1040PR(self-employment tax, Puerto Rico); and 104OSS(self-employment tax, U.S. Virgin Islands, Guam,and American Samoa); but excludes Form 1040X- (amended return).(21 Form 1 120 is the basic corporation income taxreturn; Form. I 120A is the short form; and Form1120S is for S Corporations (certain small companieselecting to be taxed through their shareholders,no more than 35 shareholders starting with 1983, andno more than 10, for earlier years). "Other" includesForms 1120F (most foreign companies with U.S.income); 1120L (life insurance companies) startingin 1992 (included in the statistics for Form 1120 inthe earlier years); 1120 POL (certain politicalassociations); 1120H (homeowners associations);1120-FSC (Foreign Sales Corporations or FSC's)starting in 1986; starting in 1988, 1120-REIT for realestate investment trusts, I 120-RIC for regulatedinvestment companies (both of which formerly filedon Form 1120), and 1120-PC for property andcasualty insurance companies (which formerly filedon Form 1120 or 1120M, described below). "Othee,also includes Form 1120 DF (for designated funds)starting in 1988; and for years before 1988, Form1120M, now disc ontinued, for mutual non-lifeinsurance companies which now file on Form 1120or Form 1120-PC (and are included in the statisticsfor Form 11 20 in the earlier years). "Other" excludesForms I 120-DISC for Domestic InternationalSales Corporations or DISC's, discontinued after

Notes to Selected Historical and Other Data Tables1985 and mostly replaced by FSC's (see above);1120 IC-DISC for Interest Charge-DomesticInternational Sales Corporations, which replacedcertain DISC's after 1985; and 1120X, amendedreturns.[31 Form 1041 is the regular income tax return filed forestates and trusts. For 1988-1990, includes Form104 1 S (short form). For 1970, includes Form 104 1A(trust accumulation of charitable trust) informationreturn.[41 Form 706 is the regular estate tax return; Form706NA is for U.S. estates of nonresident aliens.[51 Form 990 is for tax-exempt organizations, exceptprivate foundations (Form 990-PF). Form 990EZ isthe short form. Form 990-T is the income tax returnfiled for businesses conducted by tax-exemptorganizations. Form 990-C is for farmers' cooperatives.Form 4720 is for computing the special excisetaxes applicable to certain private foundations andForm 5227 is for split-interest trusts treated asprivate foundations. The 1970 total on the Ifine forForms 990 and 990EZ also includes Forms 990Afiled for tax-exempt charitable organizations.SOURCE: U.S. Department of the Treasury, InternalRevenue Service, Compliance Research, Projections andForecasting Group.Table 21[1] Number of returns with a paid preparer signature isbased on different sources, depending on the year.Data for 1988 are estimated based on the Statistics ofIncome sample for that year. Data for 1989-1993 arefrom the Individual Master File of all individualincome taxpayers, with the following exceptions:starting with 1989, the number of returns withitemized deductions; starting with 1990, the numberof returns that were filed electronically. These latternumbers were estimated from the Statistics ofIncome-Taxpayer Usage Study (TPUS) samples ofreturns filed during the first 4 months for theseyears and, for 1992, from the full Statistics ofIncome sample.[2] Data on electronically-filed returns are included inthe counts of Form 1040 returns shown above inTable 2 1, for all years. For Tax Years 1990 and1991, data are based on the TPUS sample (seefootnote 1) of returns filed, extended to cover thefirst 8 months of the filing year. No adjustment wasmade for the returns filed after the first 8 months onthe assumption that few were likely to have beenfiled electronically during these months. For TaxYear 1992, data are based on the full sample ofreturns filed throughout Calendar Year 1993.[3] Data on IRS Taxpayer Service Programs arecollected either on a fiscal-year or calendar-yearbasis, depending on the program. In general,assistance rendered in a given fiscal year may berelated to returns due on April 15th during that fiscalyear and is for the tax year ending with the previousDecember. As a result, data in Table 21 on telephoneand written inquiries; office walk-in's, information;and taxpayer contacts through community classesand seminars, which are presented on a tax yearbasis, are actually for a fiscal year. Therefore, datafor these contacts shown as for Tax Year 1992, forexample, are actually for Fiscal Year 1993.NOTE: Data on IRS assistance represent taxpayercontacts. Some taxpayers make more than one contact.The number of taxpayers assisted (in contrast to thenumber of contacts made) is not known.SOURCE: Data on paid preparers were obtained fromStatistics of Income; and Corporate Systems Division,Individual Systems Branch. Data on IRS assistance wereobtained from Taxpayer Service.205

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iAnnouncing,New IRSMethodoloffReportIStatistics of Income: Turning Administrative SystemsInto Information Systems-1994This report is the latest volume in a continuation of the IR S' methodology reports series, ,,which documents technological and methodological changes in Statistics of Income programsan&o~lawd_Awtistical uses ofnexords.It is-p-art of a long-time effort-to-documentmethodological changes in Statistics of Income programs, in an attempt to better meet'',user needs. Topics featured are:Overview of SOISome Results from the Use of Administrative RecordsReinventing the Population Census: Balancing Privacy and EfficiencyIssues in Sample Design and EstimationRecord LinkageNonresponse Trends in Government SurveysInnovations in Imputation MethodologyQuality Improvement EffortsData Preparation TechniquesThe report is available free 'of charge. To obtain a copy write to:Statistics of Income CP:R: SInternal Revenue ServiceP.O. Box 2608Washington, DC 20013-2608Phone: (202) 874-0410; Fax: (202) 874-0922E-mail:wla@soino.rp.irs.gov

Publications & Tapesproprietorships and on partnerships, as well as from periodicor special studies of particular interest to tax analystsand administrators and to economists. Historical tablesinclude data from Sol, as well as on tax collections andrefunds by type of tax.Statistics of Income - 1991,Corporation Income Tax RetumsPublication 16, Stock No. 048-004-02322-6Price $20.00This report presents data on corporation income tax returnswith accounting periods that ended July 1990through June 199 1, that are more comprehensive thanthose published earlier in the SOI Bulletin.Presents information on:• receipts;• deductions;• net income;• taxable income;• income tax;• tax credits;• assets; and• liabilities.Statistics of Income - 1991,Individual Income Tax RetumsData are classified by:m industry;m accounting period;m size of total assets; andm size of business receipts.Publication 1304, Stock No. 048-004-02326-1Price $11.00This report presents more comprehensive and completedata on individual income tax returns for 1991 than thosepublished earlier in the SOI Bulletin.Presents information on:• sources of income;• exemptions;• itemized deductions; and• tax computations.Data are presented by:m size of adjusted grossincome; andm marital status.The following Statistics of Income publication is availablefrom Statistics of Income by writing to the Director at theaddress shown at the beginning of this section.Tuming Administrative Systems IntoInformation Systems-4994 -Publication 1299 - Free ofChargeThis report is the third edition of the IRS' methodologyreports series, which documents technological and methodologicalchanges in Statistics of Income programs andother related statistical uses of administrative records.Previous volumes in the series were called Statistics ofIncome and Related Administrative Record Research.Topics featured are:• overview of SOI;• some results from the use of administrative records;• balancing privacy and efficiency;• issues in sample design and estimation;• record linkage;• nonresponse trends in government surveys;• innovations in imputation methodology;• quality improvement efforts; and• data preparation techniques.SOI Electronic Bulletin BoardSince June 1992, over 674 files have been added to theSol electronic bulletin board system (BBS) and are availablefor access. They include data from recent SOI Bulletinpublications for returns covering individuals, corporations,partnerships, sole proprietorships and estates. TheBBS also contains files on personal wealth and international.topics, such as foreign tax credits and ControlledForeign Corporations, as well as tax collections and refundsfrom the IRS administrative system.Electronic Bulletin Board Numbers:(202) 874-9574 (Analog-Most Users)Systems Administrator: Jim Willis (202) 874-0277Systems Coordinator: Jim Hobbs (202) 874-0268.2161U.S. GOVERNMENT PRINTING OFFICE: 1995 615-015/22007

Publications, & Tapesment, balance sheet, tax, and selected other items, bymajor and minor industrial groups and size of total assets,for all returns and separately for returns with net income.The report, which underlies the Statistics ofIncome--Corporation Income Tax Returns publication, is part ofan annual series and can be purchased in its entirety or bypage. (The Source Book is also available on 35mmmicrofilm for $175.00. Issues prior to 1982 are for saleat $150 per year.) A magnetic tape or dis kette containingthe tabular statistics for 1991 can be purchased i for$1,500.Public-Use Magnetic Tape Microdata Files(Price depends on the request.)This includes individual income tax returns for 1979-1990. A limited number of files for 1989 are also availableon CD-ROM. (Individual income tax returns for1966-1978 are availablefor sale by writing to the Center-f6rEIectronicRecords-(NNX)-of the National-Archivesand Records Administration, Washington, DC 20408.)Files containing more limited data for each State are alsoavailable for 1985 and 1988. All of these files have beenedited to protect the confidentiality of individual taxpayers.Files for private foundations for 1982-1983 and1985-1991 and nonprofit charitable organizations for1982-1983 and 1985-1990 are also available from Statisticsof Income. The individual, private foundation, andcharitable organization files ate the only microdata filesthat can be released to the public.'Migration Data(Price depends on the request.)Compilations are available showing migration patterns,from where to where, by State and county, based onyear-to-year changes in the individual income tax returnaddress. Data are also available for selected time periods(according to the years in which the returns were filed)between 1978 and 1992 and include counts of the numberof returns and the number of personal exemptions (whichcan be used to approximate population). Tabulations areavailable as hard copy for all years, on magnetic tape forall years except 1983, and diskette starting with 1989.(Compilations showing State-to-State migration flowsonly are also accessible through the Sol electronic bulletinboard starting with 1988; see below.)County Income Data(Price depends on the request.)Tables present adjusted gross income by source and numberof personal exemptions (which can be used to approximatepopulation) reported on individual income tax returnsfor Income Years 19.82 and 1984 through 1991.Data are available as hard copy or on magnetic tape foreach year, or on diskette starting with 1988.ZIP Code Area Data(Price depends on the request.)Recent statistics are available for Income Year 1991 only,either on computer tape or diskette, showing the numberof individual income tax returns, the number of personalexemptions (which can be used to approximate population),adjusted gross income, and income tax, by 5-digitZIP Code.Other UnpublMed-Tabulatidns(Price depends on the request.)Unpublished tabulations are also available, includingdetailed tables underlying those published in the SOIBulletin. Special tabulations may also be produced, dependin-g-o-n-th-eavailability of resources.Other PublicationsThe following Statistics of Income publications are availablefrom the Superintendent of Documents, U.S. GovernmentPrinting Office, Washington, DC, by calling (202)512-1800. The reports mayalso be obtained by using theorder form following this section or write:Superintendent of DocumentsP. 0. Box 371954Pittsburgh, PA 15250-7954If you determine from the Government Printing Officethat any of the next three items is out-of-print, pleasetelephone the Statistical Information Services Officeon(202) 874-0410, for assistance.Statistics of Income (SOQ BulletinQuarterly Publication 1136, Stock No. 748-005-00000-5Subscription price, $2600; Single copy price, $14.00This series provides the earliest published financial statisticsfrom individual and corporation income tax returns.The Bulletin also includes annual data on nonfarm sole 215

Publications & Tapes214Statistical Information ServicesFor questions about the availability of SOI data, otherstatistical services, or release dates for new publications,please contact the Statistical Information Services Officeon (202) 874-0410 or FAX (202) 874-0922. As its nameimplies, this office is best able to answer questions aboutdata. It is not the place to call to obtain tax forms or informationabout the status of an individual's tax refund oraudit examination. Also, all requests from the mediashould be directed to the IRS Media Relations Branch,Communications Division on (202) 622-4000.The following Statistics of Income reports and tapes canbe purchased from Statistics of Income (unless otherwiseindicated). Prepayment is required,. with checks madepayable to the IRS Accounting Section. Please write:CompendiumsDirectorStatistics of Income (CP:R:S)Internal Revenue ServiceP. 0. Box 2608Washington, DC 20013-2608.Studies of Tax-Exempt Organizations, 1974-1987Publication 1416 - Price $2600This publication presents 22 articles from Statistics ofIncome studies on tax-exempt organizations. The articlesemphasize important issues within the nonprofit sector,and also include several other articles previously unpublishedin the SOI Bulletin, as well as papers published inproceedings of the American Statistical Association andthe Independent Sector Research Forum. Topics featuredare:• nonprofit charitable organizations (primarilycharitable, educational, and health organizations);• private foundations and charitable trusts; andm unrelated business income of exempt organizations.Studies of Tax-Exempt Organizations, 1986-1992Publication 1416 - Price $2600This is the second volume in a series of Statistics ofIncome (SOI) publications on tax-exempt, nonprofitorganizations. The volume includes data covering 1986-1992 and contains 12 previously-published articles fromSOI studies, including articles from the S01 Bulletin, aswell as papers prepared for the Journal ofNonprofitManagement and Leadership, Trusts and Estates, theIndependent Sector Research Forum, the National ResearchCouncil's Committee on National Statistics, andthe American Statistical Association.Studies of International Incomeand Taxes, 1984-1988Publication 1267 - Price $26.00This report presents information from 13 Statistics ofIncome studies in the international area (many of thempreviously published in the SOI Bulletin), including:• foreign activity ofU.S. corporations;• activity of foreign corporations in the United States;• foreign controlled U.S. corporations;• statistics related to individuals, trusts, and estates;and• data presented by geographical area or industrialactivity, as well as other classifiers.Compendium of Federal Estate Tax and PersonalWealth StudiesPublication 1773 - $2600Part I of this report focuses on data from estate tax returns,describing decedents, their beneficiaries, and thecomposition of their estates. It contains a methodologicaldiscussion of the strategy used in weighting the sampledata for the estate studies and also statistics on selectedcomponents of decedents' estates, 1916-1990. Informationon charitable giving is also included.Part Il presents a series of articles describing the estatemultipliertechnique and its applications for personalwealth estimates, estimates of personal wealth for selectedyears, 1962-1989, as well as a discussion of the relationshipamong realized income, wealth, and well-being.Reimbursable ServicesCorporaflon Source Book, 1991Publication 1053 - Price $175This 478-page document presents detailed income state-

'SO1 Projects and ContactsGeneral Statistical Information: (202) 874-041 0 Fax: (202) 874-0922Prow fth=V Analysb Friquenq ini Pirogram MOWS Corporations:Annual study data are collected for the income statement,1992 Program Amy Gill balance sheet, and from supporting schedules. Data are1993 Program classified by industry group or by asset size.Sales of Capital Assets:This periodic study provides detailed data on the sales of.1985 Program Barbara-Longton capital assets reported on Schedule D of the individual1985-1993 Panel Study Janette Wilson income tax return, sales of residences, and personal ordepreciable business property.A panel study provides the same databn capital assettransactions for a subsample of the returns in the Sales ofCapital Assets basic study, over a period of year~_Sales of U.S. ROM PropertyThis annual s!udy will provide data on transfers of U.S. realhdmmft by,Foreign Persons:property interests, when these interests are acquired from1993 Program, Chris Carson foreign persons. Data include the amount realized ontransfers, U.S. tax withheld, and the country of foreignpersons.sole storstilps:1992 Program Jeffrey A. HartzokBasic data, produced annually, cover business receipts,deductions and net income reported on Schedule C ~1993 Program (for nonfarm proprietors), by industry group. Similar--1994-Program-- data from Schedule I-(for farmers) - are available on- anoccasional basis.State Data:Special tabulations of selected individual income, deduc-1985 Program Mario Fernandez tion, and tax data by State are produced on a reimbursable1988 Program basis. (The data file for 1988 is the most recent.)Statistical Subscription Services:Annual data by more detailed industry groups than areCorporation Source Book Sandy Byberg used for the regular corporation statistics are produced byasset size.Tax-exeW Bond Issues.1991 Program1992 Program wMarvin . Schwartz.This annual study provides information on private activityand governmental bond issues by type of propertX financed,.size of face amount, and State.Tavayer Usage Studr.1994 Program Laura PrizziBasic data, produced annuafly, provide weekly frequenciesof specific line entries made by taxpayers, the use of variousMike Weberreturn schedules and associated forms, and generalcharacteristics of the individual taxpayer population for.returns received during the primaryfiling season (Januarythrough April).U.S. Possessions Conloration.1993 Program Randy MillerThis periodic study, planned for every 2 years, providesdata on income statements, balance sheets, tax, and"possessions tax credif' for "qualifying" U. S.possessions corporations.'(Most of these corporationsare located in Puerto Rico.) 21.3,,-

SOI Projects and ContactsGeneral Statistical Information: (202) 874-041 0 Fax: (202) 874-0922prow Prtmary Analysb Rvqumq and ProWam CoiftdInternational Boycott Pai pation: This study provides data on business operations of U.S.1992 Program Denise Freites persons in boycotting countries, as well as the requests1993 Program and agreements to participate in, or cooperate with, internationalboycotts not sanctioned by the U.S. Government.Npilln PAwand0owdyIn=ne Data Sandy BybergMigration flow data (based on year-to-year changes inindividual income tax return addresses) and county orState income data are available anriually on a reimbursablebasic. The most recent data are for 1991-92.No qm uH ChwkWWe antl OUwThis annual study includes balance sheet and incomeOrganintlom:statement data for organizations classfied as tax-exempt1991 Program Cecelia Hilgert under subsections 501(c)(3)-(9) ofthe Internal Revenue1992 Program Code.Nonresident Allen EThis periodic study, planned for every 4 years, provides1990 Program Barry Johnson data on estates of nonresident aliens who had more than$60,000 of assets in the United States. The estates aresubject to U.S. estate taxation on US. property.0=*ation Stides Terry Nuriddin This periodic study, based on availability of outsidefunding, is designed to classify individual income taxreturns by occupation and to develop a dictionary of occupationfides that can be used to enhance the economic dataof many other individual income tax return studies.Partner" PAdums of P: Basic data, produced annually, cover income statement,1992 Program Tim Wheeler balance sheet, and details from supporting schedules.1993 Program Data are classified chiefly by industry group.Pwbmrddp NUMdng SbW.This annual study includes data on U.S. partnership pay-1991 Program Kimberly Veletto ments to foreign partners. Data are classified by country1992 Program and recipient type.Pormsaimmaimshw.This periodic study provides estimates of personal1992 Program Barry Johnson wealth of top wealthholders; that are generated fi-om estateMarvin Schwartztax retain data using the "estate multiplier" technique, inconjunction with both filing-year and year-of-death estatedata bases. The most recent data (1989) are based on returnsfiled from1989 to 1991. The 1992 program will be based onreturns filed from 1992-1994.212Pdvde FoundalloncThis annual study includes balance sheet and income1991 Program Susan Eastep statement data for private foundations and charitable1992 Program trusts filing a Form 990-PF.

SOI Proj6cts and ContactsGeneral Statistical hiformation: (202) 874-041 0 Fax: (202) 874-0922Primary AnalystsFrequency and Program ContentForeign Controlled Corporations:1991 Program1992 Program1993 ProgramDan HolikThis annual study includes data on transactions betweenU.S. corporations and their foreign owners. Data areclassified by country and industry.Foreign Corporations:This annual study (as of 1992) provides data on activities1992 Program Randy Miller of foreign corporations that are controlled by U.S. corp-1993 Program Maggie Lewis orations. Data are classified by industry and country.1994 Program Kathryn GreenForeign Reciplimis of U.S. Income:This annual study provides data by country on income1992 Program Denise Freites paid to nonresident aliens and the amount of tax withheld1993 Program for the U.S. Government.Foreign Sales Corporation P`SQ:1992 ProgramDan HolikThese corporations replaced the Domestic InternationalSales Corporation, or DISC, as of 1985. Balance-- sheet, -income-statement,-and export- related-data are--tabulated annually through 1987, and then on a 4-yearcycle after 1992.Foreign Trusts:1994 PrograM Robin RobisonThis periodic study, conducted every 4 years, provides dataon foreign trusts that have U. S. pe ons as gr ntors,trans&r~is_, orbeneficiaries. Data include country wheretrust was created, value of transfer to the trust, and the yearthe trust was created.Individual Income Tax ReturnPublic Use RioMario FernandezMicrodata magnetic tape files, produced annually, containdetailed information obtained from the individual statisticsprogram, with identifiable taxpayer information omitted tomake the file available for public dissemination, on areimbursable basis. (In addition to microdata files, specifictabulations from them are produced, also on a reirnbursablebasis'.)Individual Income Tax Returns:Basic data are produced annually and cover income,1992 Program Michael Strudler deductions, tax, and credits reported on individual income.1993 Program Marty Shiley tax returns and associated schedules, chiefly by size of1994 Program adjusted gross income.Interest-Clorile Domesticbriernational Sales CorporationPC-DISQ:1991 Program Dan HolikThese corporations replaced the Domestic InternationalSales Corporation, orDISC, as of 1985. Balancesheet, income statement, and export-related data aretabulated annually through 1987, thereafter, on a 4-year cycle.Intormerallonal Wealth Barry Johnson This on-going study involves estate returns filed since theMarvin Schwartzinception of the estate tax (1916), and focuses on changesin the concentration of wealth and the intergenerationaltransfer of wealth, as well as the history of the estate taxsystem. The asset composition, available demographicinformation, and an analysis of beneficiaries of estates willbe emphasized. 211

S01 Projects and ContactsGeneral Statistical Information: (202) 874-041 0 Fax: (202) 874-0922Project himaq Analysts ft"iency and Program ContentAmericans UvIng Abroad:1991 Program Sarah NutterThis periodic study is conducted every 4 years (every 5years, after 1991). It covers foreign income and taxes paid,and foreign tax credit shown on individual income taxreturns. Data are by size of adjusted gross income andcountry.Corporation Foreign Tax Credit1992 Program Kimberly Veletto1993 Program Bill States1994 Program Robin RobisonKimberly VelettoThis annual study provides data on foreign income andtaxes paid and foreign tax credit reported on corporationincome tax returns. Data are classified by industry(all years) and country (even-numbered years).Corporation Income Tax Betums:1992 Program1993 Program1994 ProgramJanice WashingtonJonathan ShookEllen LegelGlenn HentzPaula MillerNina ShumofskyBasic data are produced annually and cover completeincome statement, balance sheet, tax, and tax credits, anddetail from supporting schedules. Data are classifiedchiefly by industry group or asset size.(Beginning withthe 1992 program, S Corporations are a separate study.)Environmental Excise Taxes(Superfund) Studir.1993 Program1994 ProgramSara BoroshokThe Superfund Amendments and Reauthorization Act of1986 (SARA) replaced the Comprehensive EnvironmentalResponse, Compensation and Liability Act of 1980(CERCLA), authorizing the collection of environmentaltaxes, a type of excise tax. This study, publishedannually, is the only source of data that provides detailedtabulations by type of chemical.Estate CollationBarTy JohnsonThis periodic study links estate tax return data fordecedents and beneficiaries. Income information forbeneficiaries is available both for years preceding andfollowing the decedent's death. Information on gift taxreturns is available for the last 2 years of the decedent'slife. The most recent study is based on decedents whodied in 1982. The next study will be for decedents whodied in 1989.Estate Tax Returns:1992-1994 ProgramBarry JohnsonThis annual study includes information on gross estateand its composition, deductions, and tax; and informationon the age, sex, and marital status of the decedents.Basic estate tax return data by year in which returns arefiled are produced every year. Other statistics are availableon a year-of-death basis (approximately every 3years). The most recent study is based on decedentswho died in 1989 with returns filed in 1989-91.210Exempt Organizations Businessincome Tax Returns:1991 Program1992 ProgramPeggy RileyThis annual study includes tabulations of "unrelatedbusiness" income and deductions for organizationsclassified as tax-exempt under the Internal Revenue Code.The data file will also be linked with the Form 990 data fileof 4ax-exempt organizations.

S01 Sampling Methodology and Data Limitationsthe tax laws, taxpayer reporting variations, as well as -limitations, economic conditions, comparability with otherstatistical series, and statistical. techniques used in dataprocessing and estimating.Tabular ConventionsEstimates of frequencies and money amounts that areconsidered unreliable due to the small sample size onwhich they are based are noted in SOI tables. The presenceof the indicator means that the sampling' rate is lessthan 100 percent of the population and that there arefewer than 10 sample observations available for estimationpurposes..A dash in place of a frequency or amount indicates thatno sample return had that characteristic. In addition, -adash in place of a coefficient of variation for which thereis an estimate indicates that.all.retu I rns contributing to the-estimate were selected at the 100-percent rate..,Whenever aweighted frequency in a- data cell is lessthan 3, the estimate is either combined with other cells ordeleted in order to avoid disclosure of information aboutindividual taxpayers or businesses. These combinationsand deletions are-indicated -in-the tables. -Notes[1] See, for example, Hinkins, Susan M., "Matrix Samplingand the Effects of Using Hot Deck Imputation,"in 1984 Proceedings ofthe American StatisticalAssociation, Section on Survey Research Methods.Other research efforts are included in Statistical UsesofAdministrative Records: Recent Research andPresent Prospects, Volume 1, Internal RevenueService, March 1984.[21 Quality control activities for all SOI studies arepublished from time to time in a series of separatereports. These reports provide detailed informationrelating to quality in all phases of SOI processing.ReferencesReports that contain additional information about'thesamplesinclude:Statistics ofIncome-1991, Individual Income Tax Returns,(see especially pages 13-17).Statistics ofIncome-1991, Corporation Income TaxReturns (see especially pages 9-17).Statistics ofIncome-] 994, Compendium ofFederalEstate Tax and Personal Wealth Studies (see descriptions--for-selected-articles).of Income-] 974-1987, Compendium' ofStudiesof Tax-Exempt Organizations (see descriptions at the endof each chapter).-Statistics-ofIncome- 1986-1992; Compendium ofStudiesof Tax-Exempt Organizations, Volume 2 (see descriptionsfor selected articles).Statistics ofIncome-1984-1988, Compendium ofStudiesofInternational Income and Taxes, Foreign Income andTaxes Reported on U.S. Tax Returns (see descriptions atthe end of each chapter).Statistics ofIncome Bulletin (see each issue)..1 ~,N

S01 Sampling Methodology and Data Limitations208Sampling VariabilityThe particular sample used in a study is only one of alarge number of possible random samples that could havebeen selected using the same sample design. Estimatesderived from the differentIn transcribing and samples usually vary. Thestandard error of the estimatetabulating data from is a measure of the variationtax returns, checks among the estimates from allare imposed topossible samples and is used toimprove the qualitymeasure the precision withwhich an estimate from aof the statistics. particular sample approximatesthe average result of the possiblesamples. The sample estimate and an estimate of itsstandard error permit the construction of interval estimateswith prescribed confidence that this interval includes theactual population value.In SOI reports the standard error is not directly presented.Instead, the ratio of the standard error to theestimate itself is presented in percentage form. This ratiois called the coefficient of variation (CV). The user of SOIdata may multiply an estimate by its coefficient of variationto recreate the standard error and to construct confidenceintervals.For example, if a sample estimate of 150,000 returns isknown to have a coefficient of variation of 2 percent, thenthe following arithmetic procedure would be followed toconstruct a 68 percent confidence interval estimate:150,000 (sample estimate)x 0.02 (coefficient of variation)3,000 (standard error ofestimate)then:150,000 (sample estimate)+ or - 3,000 (standard error)=147,000 - 153,000 (68 percent confidence interval).Based on these data, the interval estimate is from 147 to153 thousand returns. A conclusion that the averageestimate of the number of returns lies within an intervalcomputed in this way would be correct for approximatelytwo-thirds of all possible similarly selected samples. Toobtain this interval estimate with 95 percent confidence,the standard error should be multiplied by 2 before addingto and subtracting from the sample estimate. (In thisparticular case, the resulting interval would be from 144 to156 thousand returns.)Further details concerning sample design, sampleselection, estimation method, and sampling variability fora particular SOI study may be obtained on request bywriting the Director, Statistics of Income, at the addressgiven above.Nonsampling Error CoMrols and LimitationsAlthough the previous discussion focuses on samplingmethods and the limitations of the data caused by samplingeffor, there are other sources of error that may besignificant in evaluating the usefulness of SOI data. Theseinclude taxpayer reporting effors, processing effors, andeffects of an early cut-off of sampling. More extensiveinformation on nonsampling error is presented in SOIreports, when appropriate.In transcribing and tabulating the information from thereturns or forms selected for the sample, checks areimposed to improve the quality of the resultant estimates.Tax return data may be disaggregated or recombinedduring statistical "editing" in order both to improve dataconsistency from return to return and to achieve definitionsof the data items that are more in keeping with theneeds of major users. In some cases not all of the data areavailable from the tax return as originally filed. Sometimesthe missing data can be obtained through fieldfollow-up. More often, though, they are obtained throughimputation methods. As examples, other information inthe return or in accompanying schedules may be sufficientto enable an estimate to be made; prior-year data for thesame taxpayer may be used for the same purpose; or datafrom another return for the same year that has similarcharacteristics may be substituted. Research to improvemethods of imputing data that are missing from returnscontinues to be an ongoing process [1].Quality of the basic data abstracted from the returns issubjected to a number of quality control steps including100-percent key verification. The data are then subjectedto many tests based on the structure of the tax law and theimprobability of various data combinations. Recordsfailing these tests are then subjected to further review andany necessary corrections are made. In addition, StatisticsofIncome in the National Office conducts an independentreprocessing of a small subsample of statisticallyprocessedreturns as a further check [2].Finally, before publication, all statistics are reviewedfor accuracy and reasonableness in light of provisions of

S01 Sampling Methodology and DataLimitationsAppendixhis appendix discusses typical sampling proceduresused in most Statistics of Income (SOI) programs.T Aspects covered briefly include sampling criteria;selection techniques, methods of estimation, and samplingvariability. Some of the nonsampling error limitationsof the data are also described, as well as the tabularconventions employed.Additional information on sample design and datalimitations for specific SOI studies can be found in theseparate SOI reports (see the References at the end of thisappendix). More technical information is available, uponrequest, by writing to the Director, Statistics of IncomeCP:R:S, Internal Revenue Service, P.O. Box 2608,Washington, DC 20013-2608.Sample Cftda and Sele0on of ReturnsStatistics compiled for the SOI-studies are generally basedon stratified probability samples of income tax returns or-other-forms-filed-with-the Intemal-Revenue-Service-(IRS)- .The statistics do not reflect any. changes made by thetaxpayer through an amended return or by the IRS as aresult of an audit. As returns are filed and processed fortax purposes, they are assigned to sampling classes (strata)based on criteria such as: industry, presence or absence ofa tax form or schedule, accounting period, State fromwhich filed, and various income factors or other measuresof economic size (total assets; for example, is used for thecorporation and partnership statistics). The samples areselected from each stratum over the appropriate filingperiods. Thus, sample selection can continue for a givenstudy for several calendar years-3 for corporationsbecause of the prevalence of fiscal (non-calendar) yearreporting; Because sampling must, take place before thepopulation size is known precisely, the rates of sampleselection within each stratum are fixed. This means, inpractice, that both the population and the sample size candiffer from that planned. However, these factors do notcompromise the validity of the estimates.The probability of a return being designated depends onits sample class or stratum and may range from a fractionof I percent to 100 percent. Considerations in determiningthe selection probability for each stratum include thenumber of returns in the stratum, the diversity of returns inInfon?t9tionfor this appendix was'compiled by Bettye Jamerson,Coordination and Publications Suiff, under the direction ofRobert Wilson, Technical Advisor.-Major contributions weremade by Paul McMahon, Mathematical Statistics Team.the stratum and interest in the stratum as a separatesubject of study. All this is subject to constraints based onthe estimated cost or the target size of the total sample forthe program.For most SOI studies, returns are designated by computerfrom the IRS Master Files based on the taxpayeridentification number (TIN), which is either the socialsecurity number (SSN) or the employer identificationnumber.(EIN). A fixed and essentially random number isassociated with each possible TIN. Ifthat random numberfalls into a range of numbers specified for a return'ssample stratum, then it is selected and processed for thestudy. Otherwise, it is counted (for estimation purposes),but not selected. In some cases, the TIN is used directlyby matching specified digits of it against a predeterminedlist for the sample stratum., A match is required for designation.Under either method of selection, the TIN's designated-from-one-year's-sample are for-the-most part-selected-forthenext year's, so that a very high proportion of thereturns selected in the current sample are from taxpayerswhose previous years' returns were included in earliersamples. This longitudinal character of the sample design-improv-e-s-the--e-s-ti--m-at-e-s of-change fhom--one-ye-a-r to-thenext.Melhod of EsUrnationAs noted above, the probability with which a return isselected for inclusion in a sample depends on the sam- -pling rate prescribed for the stratum in which it is clas*sified.Weights are, in general, computed by dividing thecount of returns filed for a given stratum by the count ofsample returns for that same stratum. "Weights" are used_to adjust for the various sampling rates used-the lowep".the rate, the larger the weight. For some studies, it ispossible to improve the estimates by.subdividing theoriginal sampling classes into "post-strata," based onadditional criteria or refinements of those used in theoriginal stratification. Weightsare then computed for these Sample returns arepost-strata using,additional designated by'population counts. The data oncomputer from theeach return in a stratum aremultiplied by that weight. To jRS Master Filesproduce the tabulated estimates,these weighted data arebased on the taxpayeridentificationsummed to produce the publishedstatisiical totals.number.207

IndexPreviously Published Articles and Data ReleasesCorporation income tax returns:(See also 16temational incomeand taxes)Balance sheets and incomestatements:1990, Summer 1993 (13-1)1991, Summer 1994 (14-1)Alternative minimum tax:1989, Summer 1993 (13-1)Foreign Sales Corporationsand Interest-Charge DomesticInternational Sales Corporations:1987, Spring 1992 (11-4)U.S. Possessions Corporations:1987, Summer 1991 (11-1)1989, Fall 1992 (12-2)80th year of SOI:Turning administrative systemsinto information systems:Summer 1993 (13-1)Statistics of Income studies ofindividual income and taxes:1913-1992, Summer 1994 (14-1)Statistics of Income studies ofinternational income and taxes:Winter 1993-94 (13-3)Trends in business structure andactivity:1980-1990, Spring 1994 (13-4)Estaite tax rohn. s:1986-88, Spring 1990 (9-4)1989-91, Spring 1993 (12-4)Nonresident alien estates:1986, Spring 1992 (11-4)1990, Summer 1993 (13-1)Excise taxes:1992, Fall 1993 (13-2)Environmental:199 1, Summer 1993 (13- 1)1992, Winter 1994-95 (14-3)Exempt organizations:Business income and tax:1987, Winter 1991-92 (11-3),4onprofit charitable and otherorganizations (except foundations):1989, Winter 1993-94 (13-3)1990, Fall 1994 (14-2)Private foundations and charitabletrusts:1990, Winter 1993-94 (13-3)1991, Winter 1994-95 (14-3)Tax-based research and data onnonprofit organizations:1975-1990, Summer 1994 (14-1)Foreign recipients of U.S. income:1990, Spring 1993 (12-4)Fall 1994 (14-2)1991, Summer 1994 (14-1)Recipients of partnership income:1990, Fall 1992 (12-2)Individual income tax returns:(See also International incomeand taxes)Evidence on delinquent filing1980-1989, Spring 1994 (13-4)High-income tax returns:1990, Winter 1993-94 (13-3)1991, Winter 1994-95 (14-3)Marginal and average tax rates:1988-89, Spring 1993 (12-4)1990, Summer 1994 (14-1)Nonfiler pr9files:1991, Summer 1993 (13-1)International income and taxes:Controlled Foreign Corporations:1988, Fall 1992 (12-2)1990, Summer 1994 (14-1)Corporation foreign tax credit:1990, Spring 1994 (13-4)Winter 1994-95 (14-3)199 1, Winter 1994-95 (14-3)Domestic corporations controlledby foreign persons:1990, Fall 1993 (13-2)1991, Winter 1994-95 (14-3)Foreign corporations withU.S. operations:1988, Spring 1992 (11-4)1989, Summer 1993 (13-1)Foreign trusts:1990, Winter 1992-93 (12-3)Individual foreign income and taxes:1987, Winter 1992-93 (12-3)199 1, Fall 1994 (14-2)International boycott participation:1990, Fall 1992 (12-2)Transactions between foreigncontrolled corporations andrelated foreign persons:1989, Spring 1993 (12-4)1990, Summer 1994 (14-1)Partnership returns:Balance sheets and incomestatements by industry:1991, Fall 1993 (13-2)1992, Fall 1994 (14-2)Partnerships and passive losses:1981-87, Winter 1989-90 (9-3)1987-89, Summer 1992 (12-1)Personal vicallb:1986, Spring 1990 (9-4)1989, Spring 1993 (12-4)Private activity tax-exempt bonds:1986, Summer 1988 (8-1)Projections of returns to be filed:1995-2001, Winter 1994-95 (14-3)Sole proprietorship returns:income statements by industry:1991, Fall 1993 (13-2)1992, Fall 1994 (14-2)Self-employed nonfilers:1988, Fall 1994 (14-2)

IIIIDepirtment of the TreasuryInternal Revenue ServicePublication 1136 (Rev 4-95)Catalog Number 46996F