Sole Proprietorship Returns, 1998 - Part 2 - finance reports

Statistics of Income Bulletin, Summer, 2000 by Michael Parisi, Therese Cruciano

(*) Estimate should be used with caution because of the small number of sample returns on which it is based.

(**) Data combined to prevent disclosure of information for specific taxpayers.

(1) Excludes amounts reported on Schedule C-EZ filed by certain small businesses not required to itemize their business deductions. Therefore, totals shown may be slightly understated.

(2) interest paid is the sum of mortgage interest and other interest paid on business indebtedness (see Table 2).

(3) Payroll is the sum of net salaries and wages plus the cost of labor reported as part of cost of sales and operations (see Table 2).

NOTE: Detail may not add to totals because of rounding.

Table 4.--Nonfarm Sole Proprietorships: Income Statements, by Selected Industrial Groups Classified with the North American Industry Classification System

[All figures are estimates based on samples--money amounts are in thousands of dollars]