Dataset

Number of Tax Returns, Receipts, and Net Income by Type of Business: 1970 to 2004

Added By Infochimps

The Statistical Abstract files are distributed by the US Census Department as Microsoft Excel files. These files have data mixed with notes and references, multiple tables per sheet, and, worst of all, the table headers are not easily matched to their rows and columns.

A few files had extraneous characters in the title. These were corrected to be consistent. A few files have a sheet of crufty gibberish in the first slot. The sheet order was shuffled but no data were changed.

The tables that were changed (this is table 721):

0166 0257 0362 0429 0445 0446 0459 0461 0462 0464 0465 0466 0467
0469 0479 0480 0481 0482 0483 0484 0485 0486 0487 0559 0628 0629
1144 1227 1231

This dataset consists of a table of 30 rows and 10 columns.

5,770 represents 5,770,000. Covers active enterprises only. Figures are estimates based on sample of unaudited tax returns; see Appendix III.

Footnotes

  1. In 1980, represents individually-owned businesses, including
    farms; thereafter, represents only nonfarm proprietors, i.e., business
    owners.
  2. Excludes investment income except for partnerships and corporations
    in finance, insurance, and real estate before 1998. Beginning 1998, finance and insurance, real estate,
    and management of companies included investment income for partnerships and corporations.
    Starting 1985, investment income no longer included for S corporations.
  3. Net income (less loss) is defined differently by form of
    organization, basically as follows: (a) Proprietorships: Total taxable
    receipts less total business deductions, including cost of sales and
    operations, depletion, and certain capital expensing, excluding
    charitable contributions and owners’ salaries; (b) Partnerships: Total
    taxable receipts (including investment income except capital gains)
    less deductions, including cost of sales and operations and certain
    payments to partners, excluding charitable contributions, oil and gas
    depletion, and certain capital expensing; © Corporations: Totaltaxable receipts
    (including investment income, capital gains, and income from foreign subsidiaries
    deemed received for tax purposes, except for S corporations beginning 1985) less
    business deductions, including cost of sales and operations, depletion, certain
    capital expensing, and officers’ compensation excluding S corporation charitable
    contributions and investment expenses starting 1985; net income is before income
    tax.

License

Public Domain (Government Work)

This dataset was prepared by the government and is therefore in the public domain. There are no restrictions upon its use.