1120S for S Corps

7/27/2019 1120S for S Corps

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Table 4--S Corporation Returns: Total Receipts and Deductions, Portfoli o Income, Rental Income, and Total Net Income, by Size Business Receipts and Sector

Tax Year 2010(All figures are estimates based on samples--money amounts are in thousands of dollars.)

Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000

Sector and item of active Under under under under under under under under under or

corporations $25,000 [21] $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 ########## $50,000,000 more(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)

All Industries

Number of returns............................................................................... 4,127,554 1,053,147 725,528 731,791 538,443 439,371 341,779 143,597 73,225 67,248 13,426

Number of shareholders................................................................... 7,037,811 1,882,864 983,001 1,058,819 881,777 732,665 627,662 314,962 204,412 270,487 81,161

Income from a Trade or Business:

Total receipt s [33]................................................................................ ########### 17,203,945 ######## ######### ######### ######### ######### ######### 506,646,219 ########### ###########

Business receipts................................................................................ ########### 4,830,432 ######## ######### ######### ######### ######### ######### 498,015,671 ########### ###########

Interest on government obligations: State and local [33].................... 1,811,919 94,048 21,416 25,423 59,218 54,819 78,705 214,725 201,939 610,678 450,947

Net gain, noncapital assets................................................................. 12,826,927 1,011,090 256,853 395,154 434,270 779,077 996,106 754,947 1,052,340 2,432,561 4,714,528

Other receipts...................................................................................... 102,590,145 11,268,376 2,577,938 2,185,145 2,818,279 3,757,745 8,487,296 6,055,860 7,376,269 22,529,272 35,533,965

Total deducti ons .................................................................................. ########### 26,921,098 ######## ######### ######### ######### ######### ######### 481,370,875 ########### ###########

Cost of goods sold............................................................................... ########### 1,441,192 7,967,797 28,948,174 54,548,797 ######### ######### ######### 285,956,554 893,149,868 ###########

Compensation of officers..................................................................... 221,710,205 3,587,519 5,934,431 16,226,969 22,416,748 29,137,948 38,054,706 26,239,110 19,036,311 36,765,969 24,310,493

Salaries and wages............................................................................. 610,707,675 2,280,402 2,972,939 11,965,201 27,943,083 47,840,185 87,331,551 72,503,960 60,887,194 140,958,758 156,024,403

Repairs................................................................................................ 36,197,752 441,487 730,778 1,710,347 2,131,202 3,474,231 5,549,264 3,953,772 3,351,592 6,846,374 8,008,706

Bad debts............................................................................................. 15,727,284 1,100,445 179,675 278,952 260,668 654,706 1,316,974 1,509,794 1,725,642 4,391,162 4,309,266Rent paid on business property........................................................... 156,757,769 1,497,773 3,380,707 8,097,384 12,218,659 17,389,784 24,475,748 16,600,411 14,661,165 29,098,971 29,337,167

Taxes paid........................................................................................... 116,004,085 1,087,790 1,426,193 3,865,740 6,550,970 10,529,941 16,136,661 12,569,848 10,694,703 24,769,833 28,372,404

Interest paid......................................................................................... 47,561,234 1,689,298 916,248 1,777,160 2,523,074 3,439,922 4,935,616 4,058,740 4,263,779 10,328,811 13,628,586

Amortization......................................................................................... 10,146,606 167,116 318,278 304,931 630,600 845,415 1,017,825 759,014 633,172 1,607,609 3,862,647

Depreciation........................................................................................ 89,426,819 1,991,206 2,093,335 3,087,488 4,183,781 6,083,452 8,885,570 6,871,843 7,380,703 19,546,413 29,303,028

Depletion............................................................................................. 555,120 *984 *294 *4,432 *5,781 *10,035 *1,845 26,389 17,392 114,324 373,644

Advertising........................................................................................... 49,149,598 283,376 747,647 1,494,756 2,755,449 3,700,057 6,703,730 4,119,662 3,932,438 10,739,934 14,672,551

Pension, profit-sharing, stock, annuity................................................ 22,769,510 453,151 171,547 753,738 1,426,364 1,659,916 2,812,505 2,151,783 1,991,914 5,101,723 6,246,870

Employee benefit programs................................................................. 55,255,757 285,235 298,955 814,830 1,443,156 2,883,011 5,783,775 5,342,686 5,163,250 14,420,982 18,819,877

Net loss, noncapital assets.................................................................. 2,077,855 260,881 212,931 84,339 146,040 73,842 101,417 124,193 78,879 370,319 625,014

Other deductions................................................................................. 574,315,625 10,353,242 ######## 31,476,455 40,175,299 55,871,068 83,408,108 64,440,605 61,596,187 99,487,323 111,732,714

Total receipts less total deductions [33]........................................... 270,823,466 -9,717,153 3,096,795 12,371,115 15,240,588 19,941,023 32,317,507 27,347,025 25,275,344 63,866,045 81,085,175

Net incom e (less deficit ) from a trade or busin ess [33].................. 269,011,547 -9,811,200 3,075,379 12,345,692 15,181,370 19,886,204 32,238,802 27,132,300 25,073,405 63,255,367 80,634,228

Net income.......................................................................................... 358,419,987 10,261,305 9,135,540 19,237,016 21,810,110 27,369,458 42,115,170 34,498,864 31,029,952 74,139,896 88,822,675Deficit................................................................................................... 89,408,440 20,072,505 6,060,160 6,891,324 6,628,740 7,483,254 9,876,368 7,366,565 5,956,547 10,884,529 8,188,447

Portfolio income (less deficit) distributed to shareholders [34].... 57,108,315 15,113,509 1,249,073 1,330,870 1,766,226 1,322,811 2,156,270 2,640,941 3,435,935 8,695,294 19,397,386

Dividend income.................................................................................. 9,678,141 1,786,434 423,451 176,118 136,001 89,513 163,308 257,375 186,496 895,211 5,564,234

Interest income.................................................................................... 10,238,727 3,048,765 220,446 253,076 197,133 414,402 569,536 495,821 720,304 1,595,737 2,723,507

Royalty income (less loss)................................................................... 2,177,780 420,574 165,463 147,661 78,056 12,568 357,667 112,207 71,588 160,970 651,025

Net short-term capital gain (less loss)................................................. 1,155,842 610,323 6,565 33,814 3,460 -59,034 87,049 37,949 32,098 152,922 250,696

Net long-term capital gain (less loss).................................................. 33,857,825 9,247,413 433,148 720,201 1,351,575 865,362 978,711 1,737,590 2,425,449 5,890,454 10,207,924

Real estate rental net income (less deficit)...................................... 7,218,133 4,520,528 142,945 323,165 35,227 209,376 522,927 276,311 159,223 341,227 687,203

Net income.......................................................................................... 11,556,608 7,688,176 285,630 433,575 212,385 316,700 672,677 393,787 243,698 460,608 849,372

Deficit................................................................................................... 4,338,475 3,167,648 142,686 110,410 177,158 107,324 149,750 117,477 84,475 119,381 162,168

Size of business receipts

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net income (less def icit ) f rom other rental act ivity.. .. .. .. .. .. .. .. .. .. .. .. . 755,933 302,100 11,715 -1,389 10,443 48,367 39,683 63,380 27,035 101,001 153,598

Net income.......................................................................................... 1,307,812 612,134 14,204 14,534 13,013 55,233 62,998 79,701 54,794 139,064 262,137Deficit................................................................................................... 551,880 310,034 *2,488 15,923 *2,570 6,867 23,316 16,321 27,759 38,064 108,538

Total net incom e (less deficit)............................................................ 334,093,927 10,124,937 4,479,113 13,998,338 16,993,266 21,466,757 34,957,682 30,112,931 28,695,598 72,392,888 100,872,416

Net income.......................................................................................... 419,427,046 30,946,082 ######## 20,706,921 23,507,193 28,737,352 44,324,480 37,059,509 34,216,345 82,335,105 107,139,406

Deficit................................................................................................... 85,333,119 20,821,145 5,975,540 6,708,583 6,513,926 7,270,595 9,366,798 6,946,578 5,520,747 9,942,217 6,266,990

Agr icu ltu re, Forestr y, Fishin g, and Hun tin g

Number o f returns. .. .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. 84,089 29,831 14,059 11,911 9 ,144 7,040 8,402 1,833 939 743 187

Number of shareholders.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 193,419 71,220 29,798 21,560 18,484 17,943 18,452 6,278 3,418 4,876 1,391


Total receipts [33]................................................................................ 89,726,635 4,127,311 1,044,460 2,210,974 3,376,519 5,258,921 16,010,366 6,823,758 6,770,389 15,997,031 28,106,906

Business receipts................................................................................ 80,673,110 115,209 768,478 1,900,213 3,088,866 4,847,132 13,914,187 6,369,685 6,573,786 15,330,068 27,765,485

Interest on government obligations: State and local [33].................... 28,294 *4,092 *1,707 *987 *414 *4 *449 *3,141 *76 6,315 11,109

Net gain, noncapital assets................................................................. 511,468 67,781 *44,485 26,846 *4,744 19,702 114,019 50,095 27,349 118,601 37,846

Other receipts...................................................................................... 8,513,763 3,940,230 229,790 282,928 282,494 392,083 1,981,711 400,837 169,178 542,047 292,466Total deductio ns.................................................................................. 87,178,712 4,389,450 1,209,836 2,204,995 2,975,337 4,944,676 15,279,372 6,855,261 6,438,826 15,587,276 27,293,683

Cost of goods sold............................................................................... 40,319,575 *12,705 125,961 186,258 654,352 781,921 3,792,990 2,126,354 3,033,236 9,921,453 19,684,346

Compensation of officers..................................................................... 1,474,075 120,108 54,283 122,678 126,376 133,981 397,000 115,419 112,678 158,363 133,189

Salaries and wages............................................................................. 6,809,672 272,060 102,470 216,084 224,934 562,241 1,552,516 666,246 535,826 1,264,082 1,413,213

Repairs................................................................................................ 2,149,852 184,921 89,766 86,277 80,541 237,140 680,680 260,068 126,289 189,485 214,685

Bad debts............................................................................................. 95,127 *26,692 0 0 *136 *246 *8,000 *32,483 *977 13,054 13,539

Rent paid on business property........................................................... 4,219,461 571,966 68,248 260,466 363,597 538,081 1,155,231 399,571 201,024 358,760 302,518

Taxes paid........................................................................................... 1,595,720 119,252 45,113 94,905 96,403 124,061 345,017 150,924 143,838 215,607 260,599

Interest paid......................................................................................... 1,537,726 90,659 88,634 122,268 136,033 170,609 305,523 166,850 80,335 170,353 206,463

Amortization......................................................................................... 132,522 2,370 *1,208 2,026 *17,279 *6,099 17,532 *8,018 3,184 14,932 59,876

Depreciation........................................................................................ 4,044,314 331,547 190,910 204,271 316,349 274,310 808,262 539,014 251,214 461,610 666,827

Depletion............................................................................................. *37,366 *745 0 0 0 0 *98 0 *961 *6,495 29,068

Advertising........................................................................................... 184,495 6,004 3,010 4,740 23,417 12,265 29,537 8,817 5,470 17,906 73,328

Pension, profit-sharing, stock, annuity................................................ 106,236 *4,077 0 *1,517 *5,248 *1,461 12,233 3,873 3,016 20,292 54,518Employee benefit programs................................................................. 652,462 55,663 6,745 12,108 *18,284 30,241 70,870 36,408 54,717 87,099 280,326

Net loss, noncapital assets.................................................................. 4,587 *520 0 0 *199 *72 *752 *111 169 *1,551 *1,213

Other deductions................................................................................. 23,815,522 2,590,161 433,487 891,397 912,190 2,071,949 6,103,133 2,341,103 1,885,893 2,686,234 3,899,975

Total receipts less total deductions [33]........................................... 2,547,923 -262,139 -165,377 5,979 401,182 314,245 730,994 -31,503 331,563 409,755 813,223

Net income (less def icit ) f rom a trade or business [33]. .. .. .. .. .. .. .. .. . 2,519,629 -266,231 -167,083 4,992 400,768 314,241 730,545 -34,644 331,487 403,441 802,114

Net income.......................................................................................... 6,297,520 1,023,070 145,502 382,606 683,662 500,111 1,096,047 267,735 405,340 763,370 1,030,075

Deficit................................................................................................... 3,777,891 1,289,301 312,586 377,614 282,895 185,869 365,503 302,379 73,853 359,929 227,961

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 1,345,085 247,583 71,748 149,570 42,575 12,002 326,886 104,523 47,268 149,713 193,218

Dividend income.................................................................................. 224,515 8,514 *1,407 *635 *8,785 *2,801 6,088 *438 6,800 63,650 125,398

Interest income.................................................................................... 261,701 100,612 1,234 8,806 5,179 7,694 9,995 9,914 27,719 44,038 46,511

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Royalty income (less loss)................................................................... 511,073 22,105 *65,544 *100,411 *13,006 0 *288,036 *18,772 *2,590 *123 *486

Net short-term capital gain (less loss)................................................. 23,920 10,845 *617 *1,756 -1,255 *372 *-1,216 *629 *6,091 6,376 -296

Net long-term capital gain (less loss).................................................. 323,876 105,507 *2,946 *37,962 *16,860 *1,135 23,984 *74,771 4,067 35,526 21,118

Real estate rental net income (less def icit ) .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 228,532 86,648 *4,609 *15,601 *6,516 *2,358 43,485 16,285 11,589 27,075 14,366

Net income.......................................................................................... 270,796 117,434 *6,446 *16,150 *11,175 *2,363 43,875 *16,325 12,365 29,857 14,806

Deficit................................................................................................... 42,265 30,786 *1,838 *548 *4,659 5 *390 *40 *777 *2,782 440

Net i ncome (l ess d ef ic it ) f ro m o th er r en tal ac ti vi ty ......................... 48,157 19,125 *1,185 *690 *61 *11,400 *9,986 *284 *3,337 *1,913 176

Net income.......................................................................................... 49,159 19,125 *1,185 *690 *61 *11,400 *9,986 *285 *3,337 *1,913 1,177

Deficit................................................................................................... 1,002 [1] 0 0 0 0 [1] [1] 0 [1] 1,001

Total net income (less deficit)............................................................ 4,141,404 87,124 -89,542 170,854 449,920 340,002 1,110,902 86,449 393,680 582,142 1,009,873

Net income.......................................................................................... 7,470,621 1,286,894 178,576 471,795 731,255 518,342 1,392,107 356,540 455,592 879,482 1,200,036

Deficit................................................................................................... 3,329,217 1,199,770 268,118 300,942 281,336 178,340 281,205 270,091 *61,912 297,340 190,163

Mining

Number o f returns.. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... 26,776 8 ,757 2,665 7,373 1 ,990 1,019 2,339 1,456 690 376 110

Number o f shareholders.. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. . 77,502 40,229 6,109 11,199 4,852 1,727 5 ,147 3,194 2,031 2 ,270 744Income from a Trade or Business:

Total receipts [33]................................................................................ 43,460,489 425,118 204,962 1,317,765 976,897 811,098 4,330,021 5,405,725 4,705,239 8,361,924 16,921,741

Business receipts................................................................................ 40,036,203 36,079 174,856 1,278,089 735,706 673,975 4,253,700 5,139,780 4,458,933 8,077,476 15,207,608

Interest on government obligations: State and local [33].................... 32,232 531 822 *16 0 *1,958 *2,469 *1,475 *3,979 5,776 15,206

Net gain, noncapital assets................................................................. 904,355 11,815 472 *18,557 *10,935 *22,921 11,430 108,117 57,013 112,440 550,655

Other receipts...................................................................................... 2,487,700 376,693 *28,813 21,102 *230,256 112,244 62,422 156,354 185,314 166,232 1,148,271

Total deductions.................................................................................. 36,251,453 315,354 227,747 841,177 803,537 597,729 3,616,870 4,620,302 3,908,630 7,037,056 14,283,050

Cost of goods sold............................................................................... 17,361,202 *9,202 *5,738 *112,449 *69,694 97,161 826,770 1,801,780 1,538,900 3,413,898 9,485,610

Compensation of officers..................................................................... 1,181,854 *26,981 *9,345 119,762 *86,155 104,706 273,512 178,363 133,352 148,992 100,685

Salaries and wages............................................................................. 3,516,888 *59,589 *39,138 *65,154 *70,699 78,037 664,247 681,567 296,628 586,709 975,120

Repairs................................................................................................ 601,276 *2,514 *2,459 6,420 18,514 *22,195 156,782 100,536 94,802 113,476 83,579

Bad debts............................................................................................. 56,312 39 0 0 11,073 13 *616 9,099 2,515 21,250 11,708

Rent paid on business property........................................................... 953,974 7,552 *4,010 43,007 90,245 9,271 82,007 165,316 125,073 207,788 219,707

Taxes paid........................................................................................... 1,373,966 15,419 8,201 35,100 37,049 29,938 173,258 210,267 188,732 271,780 404,222Interest paid......................................................................................... 634,252 8,948 *2,672 14,328 41,156 *19,262 35,402 43,681 59,227 96,140 313,435

Amortization......................................................................................... 176,681 *3,157 *119 *12,681 *2,882 17 *2,235 10,928 13,983 66,884 63,797

Depreciation........................................................................................ 2,682,326 14,982 *15,028 20,155 103,302 42,443 225,246 299,178 293,595 639,238 1,029,161

Depletion............................................................................................. 292,147 0 0 0 *5,781 *2,196 *1,729 *25,597 *14,142 96,814 145,888

Advertising........................................................................................... 65,079 *1,004 *531 *2,083 *1,056 *759 15,497 8,443 9,587 12,311 13,807

Pension, profit-sharing, stock, annuity................................................ 157,005 *3,213 114 0 *436 *15,238 *15,593 22,210 14,797 40,062 45,343

Employee benefit programs................................................................. 522,122 *5,439 349 *14,584 *15,224 *8,905 46,317 87,580 40,943 103,168 199,614

Net loss, noncapital assets.................................................................. 38,840 0 0 *5,909 0 0 *58 0 *4,189 *1,714 26,970

Other deductions................................................................................. 6,637,529 157,316 140,044 389,545 250,273 167,588 1,097,602 975,757 1,078,166 1,216,834 1,164,405

Total receipts less total deductions [33]........................................... 7,209,036 109,764 -22,785 476,588 173,359 213,369 713,151 785,423 796,608 1,324,867 2,638,691

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net income (less deficit) from a trade or business [33].................. 7,176,805 109,233 -23,606 476,572 173,359 211,411 710,682 783,948 792,629 1,319,091 2,623,485

Net income.......................................................................................... 8,570,836 353,421 *55,721 550,161 294,712 248,575 830,068 875,424 911,488 1,491,484 2,959,781

Deficit................................................................................................... 1,394,031 244,188 *79,327 *73,589 *121,353 *37,164 *119,386 91,476 118,859 172,393 336,297

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 1,987,462 456,799 *102,507 46,766 218,840 50,321 89,624 111,479 98,013 187,297 625,815

Dividend income.................................................................................. 222,130 150,973 3,375 *1,243 *2,189 1,969 4,665 4,029 11,336 16,225 26,127

Interest income.................................................................................... 298,606 38,120 *1,568 *1,012 7,233 20,645 12,362 11,159 17,111 28,061 161,335

Royalty income (less loss)................................................................... 455,119 48,433 4,766 *42,922 *26,407 *5,006 63,187 78,430 30,954 75,363 79,651

Net short-term capital gain (less loss)................................................. 15,575 *420 *2,760 *-67 *-5,916 *519 *387 *1,193 3,764 6,715 5,799

Net long-term capital gain (less loss).................................................. 996,032 218,852 *90,040 *1,656 *188,927 *22,183 9,023 16,668 34,848 60,933 352,902

Real es tat e r en tal n et i ncome ( less d ef ic it )...................................... 50,750 2,554 9 *1,800 -588 *2,488 *1,792 16,012 8,705 9,323 8,656

Net income.......................................................................................... 55,195 *2,648 12 *1,873 0 *2,539 *2,150 *16,436 8,868 10,586 10,084

Deficit................................................................................................... 4,445 94 3 74 588 *51 *358 *424 *164 1,262 1,428

Net income (less deficit) from other rental activity......................... 65,087 *3,747 0 [1] 0 *20 *3,096 *147 *-21 11,384 46,714

Net income.......................................................................................... 71,337 *3,747 0 0 0 *20 *3,096 *147 *[1] 16,481 47,845

Deficit................................................................................................... 6,250 0 0 [1] 0 0 *[1] 0 *21 5,097 1,131

Total net income (less deficit)............................................................ 9,280,103 572,334 78,910 525,137 391,611 264,241 805,194 911,587 899,326 1,527,096 3,304,669Net income.......................................................................................... 10,536,491 794,460 *154,372 596,943 528,578 298,743 918,927 984,988 996,530 1,683,287 3,579,663

Deficit................................................................................................... 1,256,388 222,127 *75,462 *71,806 *136,967 *34,502 *113,733 *73,401 *97,204 156,191 274,994

Utilities

Number of returns ............................................................................... 2,546 *520 *7 0 *967 *879 *6 *79 *52 22 15

Number of shareholders................................................................... 5,639 *768 *38 0 *2,542 *943 *24 *562 *383 145 235


Total receip ts [33]................................................................................ 8,706,836 *1,888 *555 0 *281,187 *591,531 *13,722 *247,658 *315,998 458,424 6,795,874

Business receipts................................................................................ 8,525,338 *1,888 *288 0 *271,033 *553,004 *13,722 *241,501 *350,226 417,759 6,675,918

Interest on government obligations: State and local [33].................... *22,264 0 267 0 0 *21,831 0 66 0 0 100

Net gain, noncapital assets................................................................. 24,348 0 0 0 0 0 0 *8 2,293 *15,911 *6,136

Other receipts...................................................................................... 134,886 0 *[1] 0 *10,154 *16,696 0 6,083 *-36,521 *24,754 *113,720

Total deduc tio ns.................................................................................. 8,270,228 *14,323 *25,220 0 *276,866 *461,880 *14,948 *215,387 *342,690 409,879 6,509,035

Cost of goods sold............................................................................... 6,514,835 *1,882 0 0 *18,177 *149,754 *8,175 *83,275 *154,589 *200,680 5,898,304Compensation of officers..................................................................... 177,840 0 0 0 *97,961 *25,987 0 *13,163 *14,077 *12,459 14,193

Salaries and wages............................................................................. 396,327 *2,299 *40 0 *1,852 *78,378 0 *20,700 *23,098 *36,802 233,158

Repairs................................................................................................ 47,810 0 *140 0 *2,962 *8,460 *10 *2,067 *19,889 *4,077 *10,205

Bad debts............................................................................................. 14,265 0 *1 0 0 *2,089 0 16 *146 *1,099 *10,914

Rent paid on business property........................................................... 73,378 0 *6 0 *6,507 *18,286 *130 *4,019 *26,819 *7,715 9,897

Taxes paid........................................................................................... 98,927 *6,151 *55 0 *13,428 *15,670 *100 *6,485 *23,904 11,179 21,956

Interest paid......................................................................................... 62,587 0 *16 0 *5,263 *5,865 *3,076 *10,420 *11,079 7,575 19,293

Amortization......................................................................................... 15,465 0 0 0 *[1] *69 *36 *862 *622 *9,435 4,442

Depreciation........................................................................................ 179,764 0 *24,840 0 *6,171 *25,359 *2,529 *9,676 *34,648 28,571 47,970

Depletion............................................................................................. 3 0 0 0 0 0 0 3 0 0 0

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Advertising........................................................................................... 6,827 0 0 0 *430 *122 0 0 *515 *614 *5,145

Pension, profit-sharing, stock, annuity................................................ 9,632 0 0 0 0 *164 0 *1,625 *1,055 *4,637 2,150

Employee benefit programs................................................................. 29,265 0 0 0 0 *2,524 0 *2,671 *6,516 *14,706 2,848

Net loss, noncapital assets.................................................................. *209 0 0 0 *209 0 0 0 0 0 0

Other deductions................................................................................. 643,093 *3,990 *123 0 *123,906 *129,152 *893 *60,405 *25,731 70,330 228,561

Total receipts less total deducti ons [33]........................................... 436,608 *-12,435 *-24,665 0 *4,321 * 129,651 *-1,227 *32,271 *-26,692 48,546 286,838

Net income (less deficit) from a trade or business [33].................. 414,344 *-12,435 *-24,932 0 *4,321 * 107,820 *-1,227 *32,204 *-26,692 48,546 286,738

Net income.......................................................................................... 543,495 0 65 0 *5,828 *109,523 0 *34,788 *47,469 *57,538 288,284

Deficit................................................................................................... 129,151 *12,435 *24,997 0 *1,507 *1,702 *1,227 2,584 74,161 *8,992 1,546

Portfolio income (less deficit) distributed to shareholders [34].... 626,357 *16 *106 0 *973 *126,947 *817 *4,572 *-18,965 *36,395 475,495

Dividend income.................................................................................. 3,209 0 0 0 0 *33 *[1] 8 2 *204 *2,962

Interest income.................................................................................... 22,708 *16 *106 0 *973 *1,981 *813 *4,562 *1,805 *2,306 10,145

Royalty income (less loss)................................................................... *489 0 0 0 0 0 0 0 0 *144 345

Net short-term capital gain (less loss)................................................. *1,277 0 0 0 0 *-494 0 0 -1 *227 1,545

Net long-term capital gain (less loss).................................................. 598,673 0 0 0 0 *125,427 *4 1 -20,771 *33,514 460,498

Real estate rental net incom e (less deficit )...................................... *1,920 0 -2 0 0 *1,559 0 1,050 -744 *4 54Net income.......................................................................................... *2,685 0 0 0 0 *1,559 0 1,050 0 *23 54

Deficit................................................................................................... 765 0 2 0 0 0 0 0 744 19 0

Net income (less deficit) from other rental activity......................... *9,797 0 0 0 0 0 0 *6,569 152 *2,294 782

Net income.......................................................................................... *9,799 0 0 0 0 0 0 *6,569 152 *2,294 783

Deficit................................................................................................... 1 0 0 0 0 0 0 0 0 0 1

Total net inc ome (less defic it)............................................................ 1,052,418 *-12,418 *-24,827 0 *5,294 * 236,326 *-410 *44,395 *-46,249 87,238 763,069

Net income.......................................................................................... 1,194,830 0 169 0 *6,801 *236,326 0 *45,652 *48,723 *92,744 764,415

Deficit................................................................................................... 142,412 *12,418 *24,996 0 *1,507 0 *410 1,257 94,972 *5,506 1,347

Construction

Number of returns............................................................................... 553,742 104,603 113,672 108,433 74,801 62,924 48,838 19,959 10,105 9,038 1,369

Number of shareholders................................................................... 863,824 169,277 148,553 163,164 106,913 94,968 85,341 41,078 21,244 23,594 9,691


Total receip ts [33]................................................................................ 702,478,347 554,817 7,147,942 18,691,605 26,500,292 43,701,734 78,138,973 70,074,867 69,091,583 180,343,820 208,232,716Business receipts................................................................................ 694,756,287 571,643 6,970,386 18,361,668 26,213,880 43,034,697 76,969,074 69,463,487 67,906,330 179,236,060 206,029,063

Interest on government obligations: State and local [33].................... 273,256 4,493 *384 487 *45,990 *2,667 *5,492 *111,576 8,702 31,028 62,435

Net gain, noncapital assets................................................................. 1,629,577 86,660 46,713 168,304 163,787 170,236 134,420 99,399 274,483 302,345 183,230

Other receipts...................................................................................... 5,819,227 -107,979 130,458 161,145 76,635 494,134 1,029,987 400,404 902,067 774,387 1,957,988

Total deduc tio ns.................................................................................. 681,428,999 2,184,269 6,774,232 17,696,462 25,598,718 42,628,945 76,372,758 68,102,160 67,619,126 174,680,989 199,771,338

Cost of goods sold............................................................................... 517,168,442 289,928 2,302,945 8,352,750 13,625,717 23,321,990 47,702,376 47,565,677 53,620,508 144,786,404 175,600,148

Compensation of officers..................................................................... 22,930,026 115,976 747,974 1,925,873 1,981,769 3,078,977 4,138,091 3,018,350 1,621,520 3,688,969 2,612,525

Salaries and wages............................................................................. 38,916,764 99,995 303,551 1,104,316 2,536,732 4,079,893 8,050,320 5,492,191 3,150,130 7,612,599 6,487,037

Repairs................................................................................................ 2,939,044 39,747 78,001 200,315 200,148 326,765 523,531 360,236 216,205 584,752 409,346

Bad debts............................................................................................. 1,531,769 314,012 42,915 19,897 83,132 137,766 208,551 138,496 116,286 279,522 191,192

7/27/2019 1120S for S Corps


7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Total deductio ns.................................................................................. 651,153,455 946,793 1,259,109 3,386,907 6,855,570 13,642,672 28,424,724 38,466,113 51,258,133 198,256,003 308,657,431

Cost of goods sold............................................................................... 470,532,572 164,848 438,342 1,274,820 3,032,925 7,016,502 17,018,844 25,142,420 33,585,678 145,515,027 237,343,166

Compensation of officers..................................................................... 17,374,138 22,480 158,249 269,248 633,960 1,341,517 1,621,891 1,940,763 2,401,053 5,176,171 3,808,808

Salaries and wages............................................................................. 49,983,640 180,549 59,471 348,175 866,924 1,360,165 2,977,118 3,535,878 5,182,782 15,316,880 20,155,700

Repairs................................................................................................ 3,628,671 5,894 12,494 45,218 73,832 117,553 282,012 428,071 294,702 1,034,644 1,334,251

Bad debts............................................................................................. 1,230,703 *44,396 *3,522 5,450 12,222 12,364 200,870 80,775 125,558 397,568 347,977

Rent paid on business property........................................................... 12,336,322 33,336 102,832 267,723 387,233 694,678 1,118,420 1,014,181 1,514,116 3,802,756 3,401,047

Taxes paid........................................................................................... 13,276,008 29,202 40,219 107,430 250,544 381,677 904,342 1,115,222 1,373,291 3,913,254 5,160,827

Interest paid......................................................................................... 5,040,404 58,942 26,243 43,588 111,367 141,162 289,873 385,520 399,318 1,459,519 2,124,870

Amortization......................................................................................... 1,009,965 4,535 *6,400 18,933 *20,847 53,136 47,709 55,588 36,555 208,254 558,010

Depreciation........................................................................................ 16,071,481 56,011 54,039 139,319 124,889 215,719 612,644 863,037 1,154,078 4,951,012 7,900,733

Depletion............................................................................................. 179,813 0 0 0 0 0 0 9 *158 *7,552 172,094

Advertising........................................................................................... 5,848,148 49,519 6,810 32,435 53,060 143,119 179,282 249,772 386,507 1,136,899 3,610,746

Pension, profit-sharing, stock, annuity................................................ 3,186,952 9,332 *119 *614 *34,527 44,995 189,072 156,895 272,634 895,737 1,583,027

Employee benefit programs................................................................. 9,320,908 21,858 *18,955 37,669 59,593 194,715 424,357 585,720 860,747 3,072,266 4,045,027

Net loss, noncapital assets.................................................................. 106,336 1 *850 *847 0 *654 0 *2,727 *279 17,843 83,136Other deductions................................................................................. 42,027,395 265,891 330,564 795,440 1,193,647 1,924,716 2,558,291 2,909,534 3,670,679 11,350,621 17,028,013

Total receipts less total deductions [33]........................................... 42,944,880 27,125 67,292 19,657 103,242 1,021,809 1,270,961 2,558,055 3,704,780 14,686,332 19,485,627

Net income (less deficit) from a trade or business [33].................. 42,823,143 26,357 66,363 19,657 103,242 1,021,788 1,269,400 2,556,035 3,702,923 14,632,384 19,424,994

Net income.......................................................................................... 50,288,954 677,691 237,407 379,023 430,224 1,405,717 2,207,141 3,280,472 4,407,214 16,281,958 20,982,106

Deficit................................................................................................... 7,465,812 651,334 171,044 359,366 326,982 383,929 937,741 724,438 704,292 1,649,574 1,557,111

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 9,685,107 559,304 90,546 27,832 6,349 33,204 49,280 235,071 757,968 2,166,393 5,759,161

Dividend income.................................................................................. 2,704,918 27,483 *7,365 *724 *227 *1,290 2,792 7,729 25,908 251,342 2,380,059

Interest income.................................................................................... 929,068 74,461 10,402 *5,561 771 10,653 15,699 34,505 70,566 239,428 467,022

Royalty income (less loss)................................................................... 234,976 *818 0 0 0 0 *2,537 [1] *12,855 25,507 193,259

Net short-term capital gain (less loss)................................................. 105,562 *7,995 *-5,648 *-162 0 [1] *-353 12,224 3,577 39,015 48,914

Net long-term capital gain (less loss).................................................. 5,710,581 448,547 *78,426 *21,709 *5,351 *21,261 *28,605 180,613 645,062 1,611,101 2,669,907

Real estate ren ta l net income ( less def ici t ). .. ... .. ... .. ... .. ... ... .. ... .. ... .. .. 190,736 8,790 * -1,410 880 *-47 *6,614 22,280 29,841 8,006 44,192 71,590

Net income.......................................................................................... 218,053 *9,392 *3,409 880 0 *9,673 *22,921 30,064 8,017 46,848 86,849

Deficit................................................................................................... 27,316 *602 *4,818 0 *47 *3,059 *641 *223 *11 2,656 15,259Net inc ome (l ess def ic it ) from ot her rental acti vi ty ......................... 45,787 *664 *1,067 0 0 0 *76 *11,142 *12,131 16,419 4,288

Net income.......................................................................................... 74,387 *3,041 *1,067 0 0 0 *76 *11,695 *12,131 17,984 28,394

Deficit................................................................................................... 28,600 *2,377 0 0 0 0 0 553 0 *1,565 24,105

Total net income (less deficit)............................................................ 52,744,773 595,114 156,567 48,369 109,544 1,061,606 1,341,036 2,832,089 4,481,027 16,859,388 25,260,033

Net income.......................................................................................... 59,521,736 1,178,950 301,467 397,978 430,573 1,421,930 2,262,522 3,525,582 5,107,492 18,418,530 26,476,713

Deficit................................................................................................... 6,776,963 583,836 144,900 349,609 321,029 360,324 921,486 693,492 626,465 1,559,143 1,216,680

Wholesale and Retail Trade

Number of returns............................................................................... 647,512 102,740 79,010 103,491 88,249 86,597 78,428 47,596 26,855 27,629 6,916

Number of shareholders................................................................... 1,138,858 152,843 111,069 142,703 203,618 149,632 133,134 88,163 58,533 71,807 27,354

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000





Total receip ts [33]................................................................................ ########### 2,144,665 5,156,803 17,748,401 31,659,607 62,648,910 ######### ######### 190,073,903 586,985,976 ###########

Business receipts................................................................................ ########### 602,074 4,852,544 17,250,498 31,351,070 61,952,328 ######### ######### 188,955,327 580,349,879 ###########

Interest on government obligations: State and local [33].................... 112,514 11,512 0 *5 0 *1,604 *7,804 *2,122 9,260 17,587 62,619

Net gain, noncapital assets................................................................. 1,871,091 206,497 *8,292 54,258 *19,552 48,166 91,921 72,319 82,428 520,889 766,768

Other receipts...................................................................................... 23,354,252 1,324,581 295,967 443,640 288,986 646,812 1,099,299 1,382,747 1,026,887 6,097,620 10,747,712

Total deduc tio ns.................................................................................. ########### 2,223,652 5,338,567 17,288,338 30,609,612 60,783,187 ######### ######### 184,797,530 571,342,801 ###########

Cost of goods sold............................................................................... ########### 351,009 2,292,258 8,426,253 17,172,384 37,671,588 90,097,068 ######### 143,290,514 464,470,642 961,902,827

Compensation of officers..................................................................... 36,749,295 184,442 389,665 1,527,357 2,158,856 3,492,243 4,665,114 4,653,423 4,883,723 8,203,583 6,590,889


Repairs................................................................................................ 7,946,280 22,957 65,280 143,441 178,685 376,946 638,242 616,176 767,568 1,905,278 3,231,707

Bad debts............................................................................................. 3,289,709 39,175 *22,892 16,831 24,277 85,283 229,779 365,868 477,762 1,100,015 927,825

Rent paid on business property........................................................... 39,643,770 141,267 463,841 1,427,456 1,976,741 3,460,967 3,852,901 4,179,314 3,667,065 8,944,421 11,529,798

Taxes paid........................................................................................... 26,158,641 94,073 123,122 443,865 793,426 1,425,924 2,310,610 2,659,815 2,526,091 6,641,538 9,140,178

Interest paid......................................................................................... 9,943,381 109,395 68,620 256,195 279,481 449,699 778,360 889,356 1,041,664 2,383,946 3,686,663

Amortization......................................................................................... 2,240,316 20,388 13,745 38,262 100,270 128,785 120,035 157,138 222,269 453,409 986,016Depreciation........................................................................................ 16,636,755 121,574 98,974 194,045 406,711 588,457 832,889 1,012,065 1,276,958 3,486,075 8,619,008

Depletion............................................................................................. 3,826 1 *294 0 0 0 0 0 0 274 *3,258

Advertising........................................................................................... 16,925,801 40,049 85,415 195,316 476,595 735,025 1,236,384 1,213,791 999,921 4,917,423 7,025,883

Pension, profit-sharing, stock, annuity................................................ 3,514,673 *52,732 *6,780 80,334 74,821 105,427 153,129 283,869 349,167 918,192 1,490,221

Employee benefit programs................................................................. 11,435,149 26,895 29,029 90,386 97,399 237,552 618,706 709,749 883,818 3,041,517 5,700,098

Net loss, noncapital assets.................................................................. 595,668 *5,372 *59,930 *68,826 *9,671 *2,094 *43,222 *5,007 15,112 63,306 323,129

Other deductions................................................................................. 103,009,155 848,241 1,395,238 3,130,636 4,371,902 6,404,436 9,034,358 10,192,031 11,009,268 23,859,868 32,763,176

Total receipts less total deductions [33]........................................... 55,149,892 -78,987 -181,763 460,063 1,049,996 1,865,723 3,667,615 4,086,996 5,276,372 15,643,175 23,360,702

Net income (less deficit) from a trade or business [33].................. 55,037,378 -90,499 -181,763 460,059 1,049,996 1,864,119 3,659,811 4,084,874 5,267,112 15,625,588 23,298,083

Net income.......................................................................................... 69,930,677 1,216,965 747,926 1,647,649 2,084,746 3,182,326 5,065,007 5,759,113 6,577,241 18,080,870 25,568,835

Deficit................................................................................................... 14,893,299 1,307,465 929,689 1,187,590 1,034,750 1,318,208 1,405,195 1,674,239 1,310,129 2,455,282 2,270,752

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 9,462,243 909,144 124,368 29,462 47,518 132,975 72,080 457,992 180,118 1,984,050 5,524,536

Dividend income.................................................................................. 2,185,487 50,305 *2,586 *42,641 *4,662 14,101 20,520 39,595 18,721 217,039 1,775,317

Interest income.................................................................................... 1,652,967 116,452 16,314 7,027 11,205 47,767 46,503 64,531 97,430 392,678 853,060Royalty income (less loss)................................................................... 192,905 1,134 *90,378 18 0 0 *115 *9,014 *9,037 22,916 60,294

Net short-term capital gain (less loss)................................................. -90,165 7,705 *-337 *-15,924 *-3,956 *4,621 *238 -30,652 4,679 -54,148 -2,392

Net long-term capital gain (less loss).................................................. 5,521,049 733,548 *15,427 *-4,299 *35,607 66,485 4,704 375,505 50,251 1,405,565 2,838,257

Real estate rental net income (less def icit ) .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 563,517 33,015 *3,249 *1,558 *-1,908 *27,926 139,289 36,792 32,082 59,441 232,072

Net income.......................................................................................... 702,340 44,378 *6,726 *5,610 *7,610 *29,208 164,917 62,887 36,649 73,827 270,528

Deficit................................................................................................... 138,823 11,363 *3,476 *4,052 *9,518 *1,282 *25,628 *26,096 *4,567 14,386 38,456

Net i ncome (l ess d ef ic it ) f ro m o th er r en tal ac ti vi ty ......................... 215,762 71,732 *6,982 *-3,159 0 0 *-640 *47,005 *12,521 48,421 32,902

Net income.......................................................................................... 265,140 73,296 *6,982 0 0 0 *246 *47,005 *13,150 51,758 72,704

Deficit................................................................................................... 49,378 *1,564 0 *3,159 0 0 *886 0 *630 *3,337 39,802

Total net income (less deficit)............................................................ 65,278,901 923,392 -47,164 487,920 1,095,605 2,025,020 3,870,540 4,626,662 5,491,832 17,717,500 29,087,593

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net income.......................................................................................... 79,180,969 2,177,235 831,724 1,698,706 2,110,465 3,295,784 5,217,280 6,224,695 6,706,554 19,973,409 30,945,119

Deficit................................................................................................... 13,902,068 1,253,843 878,888 1,210,786 1,014,859 1,270,764 1,346,739 1,598,032 1,214,722 2,255,909 1,857,526

Transportation and Warehousing

Number of returns.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 131,672 20,715 27,916 32,323 14,940 10,621 13,519 4,681 3,244 3,324 389


Income from a Trade or B usiness:

Total receipts [33]................................................................................ 198,696,655 673,648 1,695,457 5,058,198 5,659,127 7,356,312 21,036,911 16,808,451 23,033,719 60,767,681 56,607,150

Business receipts................................................................................ 195,535,422 122,336 1,651,332 4,946,005 5,539,426 7,276,881 20,566,119 16,559,064 22,825,342 60,127,986 55,920,930

Interest on government obligations: State and local [33].................... 10,748 *2,676 0 *442 0 *696 0 81 *3,234 1,107 2,512

Net gain, noncapital assets................................................................. 957,681 *75,091 *6,160 *7,229 *70,316 *43,362 148,533 109,489 108,998 245,561 142,940

Other receipts...................................................................................... 2,192,804 473,545 *37,965 104,522 49,385 35,372 322,259 139,817 96,144 393,026 540,768

Total deducti ons.................................................................................. 192,328,958 819,755 1,641,273 4,831,768 5,252,886 7,318,748 20,453,168 16,091,544 22,262,448 58,628,695 55,028,673

Cost of goods sold............................................................................... 76,916,839 *9,100 168,746 887,813 546,129 1,792,201 6,380,294 5,935,312 7,998,447 29,156,420 24,042,378

Compensation of officers..................................................................... 9,014,487 *54,511 121,375 461,718 435,633 448,817 721,262 431,921 605,265 5,275,693 458,293

Salaries and wages............................................................................. 25,916,457 *14,043 70,815 343,089 573,325 1,015,677 3,742,191 1,897,312 2,968,160 7,617,212 7,674,632

Repairs................................................................................................ 4,181,525 30,456 80,459 318,240 259,789 190,298 606,496 319,309 519,012 792,297 1,065,170

Bad debts............................................................................................. 370,547 *65 0 *59,241 *2,644 *73,389 5,960 117,268 7,194 54,897 49,887

Rent paid on business property........................................................... 10,339,303 21,636 80,798 147,624 362,982 394,578 1,082,200 540,608 1,398,090 2,724,098 3,586,691

Taxes paid........................................................................................... 5,359,051 26,949 59,886 168,373 164,553 233,996 804,540 421,287 710,312 1,348,013 1,421,142

Interest paid......................................................................................... 1,971,394 40,180 91,343 132,195 45,888 67,888 298,396 178,772 177,024 401,724 537,985

Amortization......................................................................................... 218,923 *10,784 *40,755 *1,779 *9,664 79 12,697 22,834 24,878 30,870 64,583

Depreciation........................................................................................ 8,218,988 255,764 125,891 251,799 236,903 513,283 964,608 697,811 764,417 1,872,246 2,536,266

Depletion............................................................................................. *2,634 0 0 0 0 0 0 0 *2,127 *495 12

Advertising........................................................................................... 587,975 *24,528 10,533 21,935 34,005 21,384 86,289 54,794 165,366 85,780 83,360

Pension, profit-sharing, stock, annuity................................................ 461,901 *11,439 *73 *3,195 25 *3,076 52,663 35,350 57,264 165,028 133,788

Employee benefit programs................................................................. 2,762,952 *3,851 *5,422 18,306 18,953 24,585 221,550 153,064 344,165 866,293 1,106,764

Net loss, noncapital assets.................................................................. 25,623 0 0 0 0 0 *15,972 495 6 *6,804 2,346

Other deductions................................................................................. 45,980,359 316,450 785,176 2,016,462 2,562,393 2,539,497 5,458,051 5,285,408 6,520,720 8,230,823 12,265,378

Total receipts less total deductions [33]........................................... 6,367,697 -146,107 54,185 226,430 406,241 37,564 583,743 716,907 771,271 2,138,986 1,578,477Net income (less deficit) from a trade or business [33].................. 6,356,949 -148,782 54,185 225,988 406,241 36,868 583,743 716,826 768,036 2,137,878 1,575,965

Net income.......................................................................................... 9,300,229 353,556 241,639 604,492 477,671 396,140 980,835 913,925 929,090 2,417,924 1,984,955

Deficit................................................................................................... 2,943,280 502,339 187,455 378,504 *71,430 359,272 397,092 197,099 161,054 280,046 408,990

Por t fo lio income ( less def ici t ) d ist r ibuted to shareholders [34] .. .. 804 ,957 427,166 *4,393 2,767 *12,113 17,057 2 ,122 -10,142 157,506 73 ,964 118,010

Dividend income.................................................................................. 58,679 *4,138 0 *2,251 *123 *2,782 *818 *890 *7,770 5,567 34,340

Interest income.................................................................................... 225,926 20,598 *4,393 729 *7,688 17,317 7,357 10,385 36,986 54,884 65,590

Royalty income (less loss)................................................................... 6,240 *1,084 0 0 0 0 *141 115 [1] 1,331 3,568

Net short-term capital gain (less loss)................................................. 13,149 *3,142 0 *-41 0 *117 *1,728 1,783 *-3 2,302 4,121

Net long-term capital gain (less loss).................................................. 500,963 398,206 0 *-173 *4,301 *-3,159 *-7,922 *-23,315 *112,753 9,880 10,391

Real estate ren ta l net income ( less def ici t ). .. ... .. ... .. ... .. ... ... .. ... .. ... .. .. 105,529 -16,078 *2,886 0 *-6,580 0 *14,295 *22,931 *27,229 16,118 44,728

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net income.......................................................................................... 149,191 *17,103 *2,886 0 0 0 *14,694 *23,118 *27,990 17,858 45,542

Deficit................................................................................................... 43,662 *33,180 0 0 *6,580 0 *399 186 761 *1,740 *814

Net inc ome (l ess def ic it ) from ot her rental acti vi ty ......................... -17,532 *-41,016 0 0 0 0 *-409 151 *-14,533 9,088 29,187

Net income.......................................................................................... 72,509 *8,784 0 0 0 0 *[1] 151 [1] *12,274 51,301

Deficit................................................................................................... 90,042 *49,800 0 0 0 0 *409 0 *14,533 *3,186 22,113

Total net income (less deficit)............................................................ 7,249,903 221,290 61,464 228,755 411,774 53,925 599,751 729,766 938,238 2,237,048 1,767,892

Net income.......................................................................................... 10,298,845 914,182 248,918 606,066 485,249 405,118 999,223 932,800 1,090,901 2,493,101 2,123,287

Deficit................................................................................................... 3,048,942 692,892 187,454 377,310 *73,475 351,194 399,472 203,034 152,663 256,053 355,396

Information

Number o f returns. .. .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. 77,410 22,581 17,706 15,855 7 ,392 6,591 3,040 2,180 848 1,084 135



Total receipts [33]................................................................................ 73,751,062 406,845 1,250,533 2,529,943 2,461,153 4,921,635 5,251,863 7,839,625 5,519,520 20,166,527 23,403,419


Interest on government obligations: State and local [33].................... 49,511 *75 *47 *327 *190 34 *463 0 1,631 3,144 43,601

Net gain, noncapital assets................................................................. 155,928 *11,534 0 *10,076 *212 0 10 *14,118 879 30,889 88,210

Other receipts...................................................................................... 1,571,278 308,983 215,476 5,311 *-16,278 *6,937 *26,403 82,696 83,612 161,225 696,913


Cost of goods sold............................................................................... 25,237,801 25,296 114,928 464,618 670,822 1,236,920 1,617,902 2,368,486 1,527,131 10,025,782 7,185,915

Compensation of officers..................................................................... 4,966,271 *43,717 244,747 506,562 274,189 613,911 602,052 780,897 233,457 902,213 764,526

Salaries and wages............................................................................. 12,968,526 72,475 89,879 193,397 293,138 988,211 1,006,246 1,481,923 1,297,880 2,728,023 4,817,352

Repairs................................................................................................ 527,902 3,106 8,442 13,408 18,400 20,702 17,248 42,657 47,366 145,069 211,504

Bad debts............................................................................................. 330,239 *32,614 *3,266 *6,971 0 *2,460 *4,662 69,166 28,422 89,544 93,133

Rent paid on business property........................................................... 2,343,031 42,778 73,494 79,128 165,014 238,293 137,482 279,373 184,977 427,519 714,974

Taxes paid........................................................................................... 2,043,110 21,081 41,204 68,096 48,390 168,204 156,273 227,589 173,192 411,711 727,370

Interest paid......................................................................................... 1,518,513 61,456 19,641 17,052 20,153 40,253 40,465 114,927 44,470 224,152 935,944

Amortization......................................................................................... 1,097,135 11,796 *16,165 *1,685 *486 *21,347 50,280 31,835 51,683 187,177 724,683

Depreciation........................................................................................ 2,136,289 33,370 21,138 50,404 22,402 75,258 38,253 116,259 128,896 817,633 832,676

Depletion............................................................................................. 0 0 0 0 0 0 0 0 0 0 0Advertising........................................................................................... 1,409,932 22,296 10,731 35,069 9,855 32,544 165,936 61,630 88,800 379,566 603,505

Pension, profit-sharing, stock, annuity................................................ 580,904 *434 *1,393 *48,799 *99 *12,752 59,591 67,321 88,606 74,474 227,434

Employee benefit programs................................................................. 1,159,173 *21,688 *20,738 63,018 *28,306 110,370 96,786 105,909 66,343 262,582 383,433

Net loss, noncapital assets.................................................................. 9,081 21 0 0 0 0 0 0 *3 2,760 6,297

Other deductions................................................................................. 13,200,227 349,800 403,133 669,381 592,850 1,092,581 956,437 1,486,130 1,182,343 2,306,164 4,161,409

Total receipts less total deductions [33]........................................... 4,222,928 -335,081 181,632 312,354 317,050 267,828 302,250 605,522 375,951 1,182,157 1,013,265

Net income (less deficit) from a trade or business [33].................. 4,173,417 -335,156 181,584 312,027 316,860 267,794 301,787 605,522 374,321 1,179,014 969,664

Net income.......................................................................................... 6,809,330 249,027 299,793 450,794 443,597 420,138 517,023 718,011 457,983 1,495,683 1,757,281

Deficit................................................................................................... 2,635,912 584,183 118,209 138,766 *126,737 *152,344 215,236 *112,489 83,662 316,670 787,617

Por t fo lio income ( less def ici t ) d ist r ibuted to shareholders [34] .. .. 1,971 ,601 155,687 *2,616 17,904 *4,409 *690 22 ,617 26,183 116,666 262 ,898 1,361,932

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Dividend income.................................................................................. 404,086 12,258 *201 *44 *567 72 *5,396 *443 16,564 32,218 336,323

Interest income.................................................................................... 226,556 41,980 *816 *1,226 *3,574 *1,383 3,124 9,815 19,876 25,129 119,633

Royalty income (less loss)................................................................... 86,467 *20,492 1 0 *269 0 [1] 0 *185 *559 64,960

Net short-term capital gain (less loss)................................................. 76,677 *-233 306 0 *-49 28 *-85 *221 666 869 74,954

Net long-term capital gain (less loss).................................................. 1,177,815 81,190 1,292 *16,633 *48 -792 *14,182 *15,704 79,375 204,122 766,061

Real es tat e r en tal n et i ncome ( less d ef ic it )...................................... 34,164 *3,788 -246 -3 *1,733 *792 *996 *42 *1,334 -1,040 26,767

Net income.......................................................................................... 42,998 *6,368 0 0 2,005 *792 *997 *275 *1,552 3,493 27,516

Deficit................................................................................................... 8,834 *2,580 246 3 *272 0 1 *232 *218 *4,533 749

Net income (less deficit) from other rental activity......................... 10,278 *167 5 0 0 0 1 *1,926 *375 -3,446 11,250

Net income.......................................................................................... 16,565 *167 5 0 0 0 1 *1,926 *673 1,389 12,404

Deficit................................................................................................... *6,287 0 0 0 0 0 0 0 *298 *4,835 1,154

Total net income (less deficit)............................................................ 6,189,460 -175,514 183,959 329,928 323,003 269,277 325,401 633,673 492,696 1,437,425 2,369,612

Net income.......................................................................................... 8,184,672 449,750 301,628 456,809 446,323 420,417 535,746 734,883 558,149 1,725,898 2,555,069

Deficit................................................................................................... 1,995,211 625,264 117,669 126,881 *123,320 *151,140 *210,345 *101,210 *65,454 288,472 185,456

Finance and Insurance




Total receipts [33]................................................................................ 111,245,822 -1,343,457 1,546,727 5,045,879 10,401,135 7,984,668 11,031,542 8,909,090 8,242,087 21,733,200 37,694,951


Interest on government obligations: State and local [33].................... 193,324 5,752 *3,149 *2,076 *2,293 8,409 14,257 13,976 36,915 74,172 32,326

Net gain, noncapital assets................................................................. 1,859,700 *4,236 *2,857 *7,306 *15,926 *3,737 5,641 41,517 19,274 140,157 1,619,049

Other receipts...................................................................................... 11,108,340 -1,664,776 80,112 311,197 473,865 270,084 648,822 368,588 1,082,061 2,900,002 6,638,386

Total deductio ns.................................................................................. 92,903,388 1,030,616 1,488,121 4,045,640 8,707,097 6,526,871 9,119,348 7,547,151 6,845,989 18,081,006 29,511,549

Cost of goods sold............................................................................... *71,180 *5,125 *845 *6,089 0 *12,433 0 0 *1,949 0 44,739

Compensation of officers..................................................................... 11,570,328 65,313 164,942 722,398 1,942,506 1,297,628 1,561,338 1,188,462 843,919 2,048,630 1,735,192

Salaries and wages............................................................................. 32,747,355 119,889 279,675 701,188 2,148,096 1,670,777 3,255,821 2,960,590 2,867,125 7,363,303 11,380,891

Repairs................................................................................................ 643,006 9,135 9,549 46,165 83,227 73,134 46,938 66,227 38,166 141,455 129,011

Bad debts............................................................................................. 2,857,764 85,499 *53,833 28,940 14,238 89,768 189,892 121,756 318,748 613,047 1,342,044Rent paid on business property........................................................... 5,079,791 40,530 105,907 314,138 781,719 587,813 513,431 386,326 331,197 643,055 1,375,674

Taxes paid........................................................................................... 4,084,743 43,475 53,885 155,955 397,841 249,950 340,888 319,595 241,406 650,235 1,631,513

Interest paid......................................................................................... 4,762,667 88,108 34,633 85,767 199,734 163,245 254,204 299,729 311,751 925,519 2,399,977

Amortization......................................................................................... 817,784 17,416 *4,120 47,923 125,819 79,558 84,020 87,567 33,790 96,485 241,085

Depreciation........................................................................................ 1,482,043 29,666 33,301 75,779 120,581 95,794 65,531 51,970 67,302 256,660 685,460

Depletion............................................................................................. *781 0 0 0 0 *46 8 675 0 *52 0

Advertising........................................................................................... 2,108,520 13,941 40,039 103,749 310,819 177,812 177,948 66,259 114,807 230,991 872,156

Pension, profit-sharing, stock, annuity................................................ 1,459,697 *13,454 *2,953 43,632 168,062 153,179 244,176 52,956 67,922 154,250 559,113

Employee benefit programs................................................................. 2,124,009 7,345 11,054 37,365 161,514 116,476 206,110 290,826 148,830 335,420 809,069

Net loss, noncapital assets.................................................................. 221,075 *29,663 *50,578 *180 *6,230 4,669 *13,098 19,966 5,322 39,157 52,212

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000





Total receipts less total deductions [33]........................................... 18,342,434 -2,374,073 58,606 1,000,239 1,694,038 1,457,798 1,912,194 1,361,939 1,396,098 3,652,194 8,183,402

Net income (less deficit) from a trade or business [33].................. 18,149,110 -2,379,825 55,457 998,163 1,691,746 1,449,388 1,897,937 1,347,963 1,359,183 3,578,022 8,151,076

Net income.......................................................................................... 23,266,810 91,502 392,859 1,193,606 1,988,639 1,635,014 2,274,322 1,628,495 1,568,960 4,164,712 8,328,701

Deficit................................................................................................... 5,117,700 2,471,327 337,402 195,442 296,893 185,626 376,385 280,532 209,778 586,690 177,625

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 7,537,647 3,753,146 236,781 115,614 201,907 53 309,894 358,362 446,666 1,208,047 907,175

Dividend income.................................................................................. 1,078,784 216,144 350,006 14,459 88,846 17,331 45,854 15,736 45,615 145,858 138,936

Interest income.................................................................................... 1,116,137 300,122 44,077 36,119 36,625 23,418 52,411 55,846 221,775 126,580 219,164

Royalty income (less loss)................................................................... 17,540 3,868 0 *35 15 *2,742 276 *57 5,452 938 4,156

Net short-term capital gain (less loss)................................................. 802,319 663,463 *9,094 18,040 -1,419 -77,395 10,495 22,805 34,899 84,363 37,974

Net long-term capital gain (less loss).................................................. 4,522,868 2,569,549 -166,395 46,962 77,841 33,957 200,859 263,919 138,925 850,307 506,944

Real estate ren ta l net income ( less def ic i t) ... .. ... ... .. ... .. ... .. ... .. ... .. ... .. -10 ,363 -55,586 *1,777 -4,617 21,709 -624 13 ,566 6,408 2,957 4 ,612 -565

Net income.......................................................................................... 95,329 6,581 *3,162 *923 *22,236 3,097 19,602 10,226 6,023 12,162 11,317

Deficit................................................................................................... 105,692 62,167 *1,384 *5,540 *527 *3,722 6,036 3,818 3,066 7,550 11,882

Net i nc om e (l es s d ef ic it ) f ro m o th er r en tal ac ti vi ty ......................... -13,224 -777 *1,696 *113 *137 -598 -14,559 -8,400 *8,496 760 -93

Net income.......................................................................................... 25,461 1,941 *1,696 116 *389 4,268 *7,051 *728 *8,496 774 3

Deficit................................................................................................... 38,685 2,717 0 *3 252 4,866 *21,609 *9,127 0 *14 96

Total net incom e (less deficit )............................................................ 25,663,170 1,316,959 295,712 1,109,274 1,915,499 1,448,218 2,206,839 1,704,333 1,817,302 4,791,441 9,057,593

Net income.......................................................................................... 29,315,288 2,402,260 799,167 1,283,369 2,184,939 1,668,440 2,581,647 1,939,213 1,981,520 5,243,124 9,231,610

Deficit................................................................................................... 3,652,118 1,085,301 503,456 174,095 269,439 220,221 374,808 234,880 164,218 451,683 174,017

Real Estate and Rental and Leasing

Number of returns.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 463,024 293,185 73,484 40,136 26,271 16,283 8,124 3,628 1,150 676 87

Number of shareholders.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 904,615 634,805 95,169 65,001 44,414 34,682 14,128 9,562 4,036 2,450 369


Total receipts [33]................................................................................ 90,487,929 1,699,316 4,460,474 6,530,849 9,403,067 11,697,879 12,871,566 12,842,214 7,548,778 13,628,504 9,805,282


Interest on government obligations: State and local [33].................... 67,646 39,630 *3,832 10,949 *1,583 2,114 3,812 1,512 *664 1,189 2,361

Net gain, noncapital assets................................................................. 1,652,314 340,434 *26,206 *12,462 *23,961 182,662 203,718 64,092 122,963 313,224 362,592

Other receipts...................................................................................... 2,473,088 768,993 81,662 139,543 95,402 144,607 396,508 156,747 207,877 196,755 284,993Total deductio ns.................................................................................. 86,793,231 3,828,062 4,185,949 5,636,452 8,301,742 10,739,615 12,291,463 12,339,263 7,091,772 12,930,306 9,448,607

Cost of goods sold............................................................................... 13,060,087 74,529 26,656 302,626 461,925 1,196,484 815,510 2,740,720 823,699 2,993,806 3,624,131

Compensation of officers..................................................................... 6,877,946 249,366 632,933 930,096 1,317,638 1,009,355 730,932 877,264 441,424 416,973 271,965


Repairs................................................................................................ 1,702,401 57,531 104,571 107,396 194,807 448,090 288,883 172,193 62,436 120,107 146,387

Bad debts............................................................................................. 744,243 488,837 *6,073 17,133 *16,814 23,602 32,971 32,473 30,387 64,130 31,822


Taxes paid........................................................................................... 3,161,086 224,044 168,020 227,254 353,621 488,663 475,960 378,005 151,098 512,681 181,741

Interest paid......................................................................................... 2,485,166 404,877 167,365 164,872 233,781 346,546 293,473 198,718 146,985 312,352 216,196

Amortization......................................................................................... 378,867 14,385 48,249 17,226 19,886 13,973 36,141 65,075 4,565 122,142 37,224

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Depreciation........................................................................................ 6,246,266 319,522 392,176 207,596 369,797 745,865 739,332 463,004 595,848 1,579,534 833,591

Depletion............................................................................................. *646 0 0 0 0 *624 0 *4 0 18 0

Advertising........................................................................................... 1,830,412 30,334 140,241 144,101 295,862 142,127 344,031 281,788 197,411 166,238 88,278

Pension, profit-sharing, stock, annuity................................................ 561,759 25,159 27,070 37,367 106,438 45,561 100,529 84,444 26,624 54,134 54,433

Employee benefit programs................................................................. 1,086,714 54,678 25,855 86,144 72,064 163,834 119,844 211,501 86,056 149,037 117,703

Net loss, noncapital assets.................................................................. 179,516 119,530 *273 *3,766 3,468 *36,484 *1,003 68 *655 *13,908 *362

Other deductions................................................................................. 19,265,505 1,180,250 1,699,510 1,883,042 2,438,097 3,096,102 2,974,876 1,260,957 1,417,846 1,991,729 1,323,096

Total receipts less total deductions [33]........................................... 3,694,698 -2,128,746 274,524 894,397 1,101,326 958,264 580,103 502,951 457,006 698,198 356,674

Net income (less deficit) from a trade or business [33].................. 3,627,052 -2,168,376 270,692 883,448 1,099,743 956,151 576,291 501,439 456,343 697,009 354,313

Net income.......................................................................................... 11,981,383 1,459,445 1,174,775 1,566,696 1,567,252 1,471,777 1,474,101 774,682 665,606 1,171,703 655,347

Deficit................................................................................................... 8,354,331 3,627,821 904,083 683,247 467,509 515,627 897,810 273,243 209,263 474,693 301,034

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 4,102,520 1,959,607 87,324 123,488 63,753 290,637 237,283 93,135 82,276 545,585 619,433

Dividend income.................................................................................. 425,919 287,170 22,604 15,411 5,508 24,730 13,946 9,220 2,722 27,555 17,055

Interest income.................................................................................... 1,720,689 964,708 53,544 71,855 29,814 167,043 159,324 54,884 27,156 105,567 86,794

Royalty income (less loss)................................................................... 113,592 104,049 698 *40 *37 *2,148 *151 *5 2,446 2,161 1,855

Net short-term capital gain (less loss)................................................. 77,898 10,329 *1,075 23,298 9,935 3,925 5,152 3,075 402 6,285 14,421

Net long-term capital gain (less loss).................................................. 1,764,422 593,350 9,403 12,883 18,458 92,791 58,711 25,950 49,551 404,017 499,308

Real estate rental net income (less deficit)...................................... 5,411,798 4,466,079 128,378 186,881 -19,637 78,655 204,903 100,375 14,969 81,559 169,635

Net income.......................................................................................... 8,551,349 7,187,577 216,116 246,584 77,427 123,513 233,106 132,014 50,350 107,032 177,629

Deficit................................................................................................... 3,139,551 2,721,498 87,739 59,703 97,064 44,858 28,203 31,639 35,381 25,473 7,994

Net income ( less def ici t) f rom o ther ren tal act ivi t y. ... .. ... ... .. ... .. ... .. . 251 ,683 202,549 *1,172 *7 * -2,260 *19,282 38 ,536 * -624 * -923 *-7,906 *1,850

Net income.......................................................................................... 532,465 449,958 *3,056 *7 *42 *19,384 38,929 *6,015 *6,500 2,339 *6,236

Deficit................................................................................................... 280,782 247,409 *1,884 *[1] *2,302 102 *392 6,639 *7,422 *10,245 4,386

Total net income (less deficit)............................................................ 13,393,053 4,459,858 487,565 1,193,824 1,141,599 1,344,725 1,057,014 694,325 552,665 1,316,247 1,145,232

Net income.......................................................................................... 23,821,508 10,642,948 1,355,428 1,784,725 1,622,941 1,806,622 1,844,270 978,496 766,522 1,669,194 1,350,363

Deficit................................................................................................... 10,428,456 6,183,090 867,862 590,901 481,343 461,897 787,256 284,172 213,858 352,946 205,131

Professional, Scientific, and Technical Services


Number of shareholders................................................................... 1,020,257 287,400 181,141 196,855 100,802 88,827 83,471 30,282 18,367 27,458 5,654Income from a Trade or Business:

Total receipts [33]................................................................................ 445,753,377 4,684,164 8,842,343 23,391,885 26,819,467 39,087,720 70,075,472 52,302,472 47,175,413 78,095,451 95,278,991

Business receipts................................................................................ 437,950,473 1,061,833 8,703,909 23,139,772 26,585,990 38,404,227 69,399,130 52,012,976 46,863,844 77,370,221 94,408,570

Interest on government obligations: State and local [33].................... 25,853 3,412 *2,833 *353 *2 *721 *2,134 *4,703 577 8,697 2,423

Net gain, noncapital assets................................................................. 296,137 26,119 *3,884 *11,406 *8,112 *3,648 68,738 *21,622 48,231 57,362 47,015

Other receipts...................................................................................... 7,480,914 3,592,801 131,716 240,354 225,363 679,125 605,470 263,171 262,761 659,171 820,983

Total deducti ons.................................................................................. 401,805,178 3,992,749 7,298,252 18,346,411 22,493,106 34,835,015 63,101,147 47,520,436 43,174,800 71,214,885 89,828,377


Compensation of officers..................................................................... 46,006,248 1,117,752 1,747,562 5,120,634 5,087,805 6,181,183 9,146,808 5,085,543 3,562,490 4,073,730 4,882,739


7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Repairs................................................................................................ 1,853,562 21,825 62,465 155,505 155,745 228,011 358,267 258,418 170,576 205,447 237,304

Bad debts............................................................................................. 838,240 10,192 *30,576 13,280 44,001 120,474 62,900 285,820 78,396 110,906 81,695

Rent paid on business property........................................................... 14,782,435 184,219 483,800 1,090,588 1,205,940 1,681,465 3,554,511 1,703,941 1,631,782 1,776,942 1,469,247Taxes paid........................................................................................... 12,691,715 162,285 263,405 707,482 832,132 1,380,377 2,297,144 1,592,836 1,340,329 2,214,403 1,901,323

Interest paid......................................................................................... 1,929,893 102,804 84,060 175,402 159,901 249,440 343,741 180,839 229,537 239,238 164,934

Amortization......................................................................................... 624,529 28,438 19,666 22,669 30,169 75,288 100,070 69,377 65,708 66,097 147,047

Depreciation........................................................................................ 3,883,027 226,498 194,659 306,549 258,325 291,475 636,399 291,265 416,252 611,317 650,287

Depletion............................................................................................. *3,292 0 0 0 0 *3,292 0 0 0 0 0

Advertising........................................................................................... 5,038,816 35,912 143,869 229,557 447,660 512,274 1,308,426 376,422 301,497 1,341,689 341,511

Pension, profit-sharing, stock, annuity................................................ 4,398,923 170,323 59,866 299,936 563,088 334,986 663,147 546,623 440,452 599,230 721,273

Employee benefit programs................................................................. 6,276,314 36,293 71,149 191,771 266,589 567,142 993,269 797,042 869,462 1,206,930 1,276,668

Net loss, noncapital assets.................................................................. 48,097 *21,103 *7,718 0 *471 *869 *4,324 *365 *1,893 8,805 2,549

Other deductions................................................................................. 77,789,611 1,383,138 3,054,693 6,333,876 6,513,345 7,933,075 14,467,148 11,362,131 8,653,098 8,302,072 9,787,036

Total receipts less total deductions [33]........................................... 43,948,200 691,415 1,544,091 5,045,474 4,326,361 4,252,706 6,974,325 4,782,036 4,000,612 6,880,566 5,450,615

Net income (less deficit) from a trade or business [33].................. 43,922,347 688,003 1,541,257 5,045,121 4,326,359 4,251,985 6,972,191 4,777,334 4,000,036 6,871,869 5,448,192

Net income.......................................................................................... 50,695,931 2,427,144 2,296,293 5,681,379 4,834,637 4,749,326 7,774,680 5,298,746 4,491,825 7,505,510 5,636,391

Deficit................................................................................................... 6,773,584 1,739,141 755,036 636,258 508,277 497,342 802,489 521,412 491,789 633,641 188,200

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 4,709,138 783,473 293,379 479,418 42,719 353,846 308,883 289,646 189,115 817,886 1,150,772

Dividend income.................................................................................. 183,720 44,011 *1,643 34,454 *853 *1,298 7,797 3,948 7,084 35,938 46,693

Interest income.................................................................................... 680,159 183,155 30,481 44,470 33,047 35,942 48,154 59,790 41,235 122,797 81,088

Royalty income (less loss)................................................................... 160,307 156,808 *42 0 *47 *996 *[1] *57 *617 157 1,581

Net short-term capital gain (less loss)................................................. 147,370 48,516 *1,802 *530 *919 *5,854 23,424 *18,789 3,096 21,614 22,826

Net long-term capital gain (less loss).................................................. 3,537,582 350,983 259,411 399,965 *7,852 *309,756 229,508 207,062 137,082 637,380 998,584

Real estate ren tal net income ( less def ici t ).. ... ... .. ... .. ... .. ... .. ... ... .. ... .. 199 ,255 35,355 *-1,562 63,609 *9,764 25,746 23,410 602 16,298 9,676 16,358

Net income.......................................................................................... 281,501 67,449 *10,270 *65,195 *10,321 *29,144 *32,067 *13,002 *23,771 11,685 18,598

Deficit................................................................................................... 82,246 32,094 *11,832 *1,586 *557 *3,398 *8,657 *12,400 *7,473 2,009 *2,240

Net i nc om e (l es s d ef ic it ) f ro m o th er r en tal ac ti vi ty ......................... 19,955 20,433 *-56 *-12,720 0 *337 *389 *284 *-2,829 385 13,733

Net income.......................................................................................... 48,713 20,452 0 0 0 *337 *389 284 *358 *8,933 17,960

Deficit................................................................................................... 28,758 *20 *56 *12,720 0 0 0 *[1] *3,187 *8,548 *4,228

Total net incom e (less deficit )............................................................ 48,850,695 1,527,264 1,833,018 5,575,428 4,378,842 4,631,913 7,304,873 5,067,866 4,202,620 7,699,816 6,629,055

Net income.......................................................................................... 55,308,690 3,244,361 2,552,097 6,212,533 4,872,265 5,103,187 8,044,121 5,565,561 4,670,596 8,255,839 6,788,130

Deficit................................................................................................... 6,457,996 1,717,098 719,079 637,105 493,423 471,274 739,248 497,695 467,976 556,023 159,075

Management of Companies (Holding Companies)

Nu mb er o f r et urns ............................................................................... 24,821 19,874 1,209 234 376 484 666 595 613 691 81

Number o f shareholders... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. ... ... .. ... .. ... .. ... .. . 160,152 75,210 8,691 450 2 ,522 1,925 5,270 12,274 19,947 29,536 4,327


Total receipts [33]................................................................................ 29,947,848 -2,626,621 65,902 40,731 124,874 345,220 1,096,837 2,174,733 4,402,049 13,304,788 11,019,336

Business receipts................................................................................ 10,181,707 *10,088 *2,159 0 38 *1,154 169,488 579,296 1,548,839 5,154,107 2,716,539

Interest on government obligations: State and local [33].................... 832,455 10,340 7,447 8,837 5,891 12,031 37,369 71,202 133,525 399,457 146,357

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net gain, noncapital assets................................................................. 573,410 *32,151 *216 *1,484 *1,114 256 4,191 16,394 59,020 188,536 270,050

Other receipts...................................................................................... 18,360,275 -2,679,200 56,080 30,411 117,831 331,779 885,789 1,507,841 2,660,665 7,562,688 7,886,390

Total deductions.................................................................................. 23,091,295 495,432 80,996 15,988 45,593 62,780 529,250 1,339,339 3,231,037 10,353,372 6,937,510

Cost of goods sold............................................................................... 233 233 0 0 0 0 0 0 0 0 0

Compensation of officers..................................................................... 2,051,896 37,587 *299 0 *19,992 *9,357 81,296 170,938 351,799 874,161 506,467

Salaries and wages............................................................................. 4,053,142 19,068 *1,658 0 *698 *228 71,027 196,390 517,575 1,986,700 1,259,797

Repairs................................................................................................ 355,288 7,937 *450 *12 13 *955 7,980 22,275 56,754 163,900 95,014

Bad debts............................................................................................. 2,606,449 *30,849 *1,398 0 0 28 28,143 120,017 328,572 1,341,522 755,921

Rent paid on business property........................................................... 329,093 4,014 *832 *11 85 *7,698 11,776 8,090 22,704 97,411 176,473

Taxes paid........................................................................................... 748,018 17,776 1,275 *810 2,521 2,591 20,495 49,972 109,993 311,491 231,094

Interest paid......................................................................................... 5,554,699 245,637 *6,783 *13,430 *890 *1,831 115,441 320,495 841,517 2,554,395 1,454,281

Amortization......................................................................................... 478,609 1,854 *3,898 0 3,058 12 6,387 5,063 13,197 42,546 402,594

Depreciation........................................................................................ 696,302 10,698 *1,704 *8 31 *878 15,966 33,918 85,127 312,866 235,107

Depletion............................................................................................. 29 27 0 0 0 0 0 0 2 0 0

Advertising........................................................................................... 217,679 *210 0 0 7 *365 3,936 12,839 30,803 101,903 67,617

Pension, profit-sharing, stock, annuity................................................ 241,592 3,058 0 0 1 *221 5,746 15,358 37,890 104,947 74,371

Employee benefit programs................................................................. 651,023 13,807 *20,056 0 254 *146 16,669 49,657 109,459 304,827 136,147

Net loss, noncapital assets.................................................................. 325,994 489 *21,013 0 0 24,178 13,388 13,952 37,994 108,848 106,132

Other deductions................................................................................. 4,781,249 102,188 21,631 *1,717 18,044 14,292 130,999 320,377 687,651 2,047,854 1,436,496

Total receipts less total deductions [33]........................................... 6,856,552 -3,122,053 -15,095 24,743 79,280 282,441 567,587 835,394 1,171,012 2,951,416 4,081,826

Net income (less deficit) from a trade or business [33].................. 6,024,097 -3,132,393 -22,542 15,906 73,390 270,409 530,218 764,192 1,037,487 2,551,960 3,935,469

Net income.......................................................................................... 10,391,407 7,160 21,310 27,934 80,303 297,844 624,711 855,476 1,219,602 3,152,127 4,104,938

Deficit................................................................................................... 4,367,310 3,139,553 43,851 12,028 *6,914 27,435 94,493 91,284 182,116 600,168 169,469

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 6,582,730 4,312,759 96,942 153,304 82,575 113,389 140,012 406,335 359,501 333,419 584,494

Dividend income.................................................................................. 1,555,000 824,690 24,495 33,774 15,283 17,302 20,517 67,688 13,980 37,335 499,936

Interest income.................................................................................... 1,034,429 683,282 16,735 13,881 12,059 12,081 37,592 33,982 25,349 128,278 71,190

Royalty income (less loss)................................................................... 52,138 28,580 4,016 4,235 235 1,673 510 4,400 3,696 4,638 154

Net short-term capital gain (less loss)................................................. 38,801 -26,379 -7,661 5,386 5,269 9,771 22,746 8,592 3,868 16,407 803

Net long-term capital gain (less loss).................................................. 3,902,363 2,802,586 59,356 96,029 49,728 72,563 58,647 291,672 312,608 146,762 12,411

Real estate ren ta l net income ( less def ic i t) ... .. ... ... .. ... .. ... .. ... .. ... .. ... .. -66 ,059 -14,369 -514 -12 ,673 -14,871 12,269 466 -1,244 -793 9 ,841 -44,171

Net income.......................................................................................... 83,574 25,239 *5,424 *19 *3,189 *12,990 5,212 9,754 1,796 14,826 5,125

Deficit................................................................................................... 149,633 39,608 5,938 12,692 *18,060 721 4,746 10,999 2,589 4,984 49,297

Net incom e (l ess def ici t) f rom ot her rent al ac ti vi ty......................... 9,411 1,295 *13 -32 *-3 -1,847 1,020 423 1,559 7,239 -256

Net income.......................................................................................... 15,833 1,899 *149 *9 12 *52 *1,038 424 2,629 7,513 2,107

Deficit................................................................................................... 6,422 604 *136 *41 *15 *1,899 *19 *1 1,070 275 2,363

Total net income (less deficit)............................................................ 12,550,179 1,167,293 73,899 156,506 141,089 394,220 671,716 1,169,706 1,397,754 2,902,459 4,475,536

Net income.......................................................................................... 16,542,251 3,937,273 111,709 212,964 144,982 421,259 761,656 1,259,721 1,570,560 3,487,321 4,634,806

Deficit................................................................................................... 3,992,072 2,769,979 *37,810 *56,458 *3,893 27,038 89,940 90,014 172,806 584,862 159,270 Admini str ative and Supp ort and Wast e Management

and Remediation Services

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000






Income from a Trade or Business:Total receipts [33]................................................................................ 203,192,396 510,218 2,769,784 6,992,567 10,391,119 13,406,558 25,961,318 21,639,858 21,668,553 48,269,221 51,583,200


Interest on government obligations: State and local [33].................... 15,900 *4,509 0 *18 650 *1 *1,238 *374 *1,244 3,446 4,421

Net gain, noncapital assets................................................................. 356,552 *3,098 *9,907 *3,058 *65,095 *118,695 25,066 *31,839 37,418 46,503 15,872

Other receipts...................................................................................... 1,679,548 204,494 20,343 24,302 84,747 4,626 169,697 209,177 185,220 296,450 480,492



Compensation of officers..................................................................... 8,348,644 46,823 286,590 803,025 1,092,273 1,188,724 1,509,784 888,431 646,869 1,325,583 560,543


Repairs................................................................................................ 1,625,200 9,583 46,717 126,659 124,634 244,705 236,014 199,266 184,613 246,699 206,311

Bad debts............................................................................................. 414,177 *253 *2,364 49,200 *7,843 *18,081 48,362 22,034 114,043 93,068 58,928


Taxes paid........................................................................................... 7,545,775 24,170 70,646 205,553 351,958 484,234 1,032,964 545,340 602,201 1,544,620 2,684,088

Interest paid......................................................................................... 1,201,301 35,435 49,278 55,177 81,390 118,972 188,400 125,483 110,865 211,678 224,623

Amortization......................................................................................... 284,918 *3,045 4,547 13,977 22,516 21,227 39,472 9,253 42,988 31,869 96,024

Depreciation........................................................................................ 3,246,245 33,895 71,618 158,513 152,385 263,989 421,343 359,255 338,147 535,723 911,377

Depletion............................................................................................. *4,539 0 0 *4,432 0 0 0 *73 0 *24 10

Advertising........................................................................................... 2,115,674 10,847 41,012 78,868 178,600 134,859 490,951 102,905 178,042 382,570 517,018

Pension, profit-sharing, stock, annuity................................................ 762,468 15 *861 *33,827 *26,309 59,608 50,602 66,087 146,444 159,349 219,366

Employee benefit programs................................................................. 3,310,606 *316 13,456 37,207 99,898 148,635 350,505 177,648 232,006 819,364 1,431,571

Net loss, noncapital assets.................................................................. 17,261 0 *8,897 0 0 0 0 *5,191 *111 422 2,640


Total receipts less total deductions [33]........................................... 11,516,810 9,709 372,996 981,739 892,618 785,480 1,603,908 1,440,271 1,190,530 2,180,063 2,059,496

Net income (less deficit) from a trade or business [33].................. 11,500,910 5,200 372,996 981,721 891,968 785,479 1,602,670 1,439,897 1,189,286 2,176,617 2,055,075

Net income.......................................................................................... 13,586,445 215,232 511,120 1,113,634 1,046,277 1,086,566 1,972,431 1,587,652 1,420,694 2,382,140 2,250,698

Deficit................................................................................................... 2,085,535 210,032 138,123 131,913 154,310 301,088 369,761 147,754 *231,408 205,523 195,623

Por tfo lio income ( less def ici t ) d ist r ibuted to shareholders [34] .. .. 1,483 ,982 95,363 *48,332 32 ,244 807,248 3,841 39 ,351 108,323 103,196 72 ,335 173,749

Dividend income.................................................................................. 177,503 *1,919 0 *18,926 238 *45 *7,960 94,839 10,609 7,990 34,978

Interest income.................................................................................... 256,773 36,101 *7,976 13,331 893 3,796 17,841 12,383 7,654 54,792 102,007

Royalty income (less loss)................................................................... 13,039 0 0 0 209 0 71 *[1] 0 *184 12,576

Net short-term capital gain (less loss)................................................. 11,361 *385 0 *-40 4 0 *3,336 *992 *-26 2,497 4,213

Net long-term capital gain (less loss).................................................. 1,025,306 *56,959 *40,355 *27 *805,905 1 *10,144 109 *84,959 6,872 19,975

Real estate ren ta l net income ( less def ici t ). .. .. ... .. ... ... .. ... .. ... .. ... .. ... .. 66 ,070 *15,845 *239 *1 ,918 5 ,728 *2,746 *8,108 *4,160 * -2,520 29,759 86

Net income.......................................................................................... 77,942 *20,016 *239 *1,918 5,728 *4,337 *8,108 *4,670 *263 31,256 1,407

Deficit................................................................................................... 11,873 *4,171 0 0 0 *1,591 0 *510 *2,783 *1,497 1,321

Net inc ome (l ess def ic it ) from ot her rental acti vi ty ......................... 17,043 *-3,107 0 *1,599 0 *11,862 0 11 *429 *5,284 965

Net income.......................................................................................... 20,289 0 0 *1,599 0 *11,862 0 11 *429 *5,422 965

7/27/2019 1120S for S Corps


7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Net long-term capital gain (less loss).................................................. 48,707 *83 0 0 0 0 0 0 0 *559 48,065

Real estate rental net income (less deficit)...................................... 9,355 *[1] 0 0 0 0 *6,801 0 0 *1,540 *1,015

Net income.......................................................................................... *10,428 0 0 0 0 0 *6,801 0 0 *1,540 2,088Deficit................................................................................................... *1,073 *[1] 0 0 0 0 0 0 0 0 *1,073

Net income (less deficit) from other rental activity......................... *-107 *-107 0 0 0 0 0 0 0 0 [1]

Net income.......................................................................................... *[1] *[1] 0 0 0 0 0 0 0 0 [1]

Deficit................................................................................................... *107 *107 0 0 0 0 0 0 0 0 0

Total net income (less deficit)............................................................ 2,406,649 2,584 63,408 178,902 115,439 *-68,944 *179,286 143,738 356,791 550,441 885,004

Net income.......................................................................................... 2,781,073 52,018 142,840 198,241 *125,615 *70,483 *194,582 *199,371 356,791 556,128 885,004

Deficit................................................................................................... 374,424 49,434 79,432 *19,340 *10,176 *139,427 *15,296 *55,633 0 *5,687 0

Health Care and Social Assistance

Number of returns............................................................................... 317,145 40,365 45,096 54,238 59,741 60,013 39,152 11,777 3,629 2,906 228

Number of shareholders................................................................... 432,241 48,352 52,063 61,121 70,794 73,056 57,649 28,344 13,816 24,226 2,821


Total receipts [33]................................................................................ 282,402,057 3,462,938 3,474,978 9,954,863 22,255,607 42,711,850 60,480,331 39,558,925 24,101,693 49,584,647 26,816,226


Interest on government obligations: State and local [33].................... 3,861 *627 *[1] *267 *1,527 0 *482 *2 0 *262 696

Net gain, noncapital assets................................................................. 150,807 340 0 *25,565 *5,466 *81 *56,175 *13,244 *29,024 6,594 14,320

Other receipts...................................................................................... 5,981,582 3,210,635 812,286 252,687 133,426 309,506 485,745 179,086 75,193 403,597 119,421

Total deduct ion s.................................................................................. 251,860,806 2,538,160 2,789,834 8,627,721 19,173,792 36,759,748 53,062,113 34,622,249 21,793,038 46,754,831 25,739,321

Cost of goods sold............................................................................... 24,007,109 20,270 67,713 428,515 814,072 3,052,133 5,074,854 2,966,919 2,595,483 3,324,278 5,662,872

Compensation of officers..................................................................... 34,291,687 1,395,744 657,275 1,876,322 4,283,084 6,527,639 8,618,684 4,298,243 1,915,169 3,333,698 1,385,830


Repairs................................................................................................ 2,490,211 18,170 20,516 101,784 220,166 416,998 523,127 355,594 185,493 468,945 179,419

Bad debts............................................................................................. 681,280 *10,700 *1,530 *36,142 *8,821 47,604 134,640 52,211 55,368 116,434 217,830

Rent paid on business property........................................................... 16,623,767 81,508 346,495 1,008,921 1,772,098 3,067,927 4,086,029 1,990,457 870,597 2,420,472 979,263

Taxes paid........................................................................................... 10,392,462 109,326 89,324 354,659 883,988 1,665,616 2,100,629 1,382,055 680,555 1,917,012 1,209,298

Interest paid......................................................................................... 2,031,999 33,501 56,932 137,617 257,674 436,408 376,063 242,093 86,489 207,224 197,998

Amortization......................................................................................... 620,916 *13,466 31,733 24,900 59,876 158,652 173,496 41,149 23,440 49,997 44,208

Depreciation........................................................................................ 3,712,739 84,240 122,174 187,539 369,515 670,605 650,469 370,432 183,348 660,952 413,466

Depletion............................................................................................. 0 0 0 0 0 0 0 0 0 0 0

Advertising........................................................................................... 2,463,886 8,554 76,986 161,559 169,377 506,309 676,263 441,521 99,919 195,644 127,753

Pension, profit-sharing, stock, annuity................................................ 4,145,118 156,630 43,202 136,655 267,242 668,601 965,245 444,246 181,120 1,087,158 195,021

Employee benefit programs................................................................. 4,208,282 *11,667 14,600 57,093 128,110 394,233 810,456 539,675 328,219 1,142,647 781,582

Net loss, noncapital assets.................................................................. 28,724 *3,305 0 0 0 *77 *95 *14,183 *332 *8,142 2,590


Total receipts less to tal deducti ons [33]........................................... 30,541,251 924,778 685,144 1,327,142 3,081,815 5,952,103 7,418,217 4,936,677 2,308,655 2,829,816 1,076,905

Net incom e (less deficit) from a trade or busin ess [33].................. 30,537,390 924,151 685,144 1,326,875 3,080,288 5,952,103 7,417,736 4,936,675 2,308,655 2,829,554 1,076,209

Net income.......................................................................................... 33,922,026 1,400,479 953,772 1,819,221 3,554,149 6,278,344 7,774,561 5,401,189 2,472,160 3,088,148 1,180,003

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Deficit................................................................................................... 3,384,636 476,328 268,628 492,346 473,861 326,241 356,825 464,514 163,506 258,594 103,793

Portfolio income (less deficit) distributed to shareholders [34].... 1,480,198 500,797 1,441 89,113 11,347 9,239 13,297 37,551 692,451 43,538 81,423

Dividend income.................................................................................. 87,876 53,153 *1,560 *10,699 *4,900 *1,350 *566 *25 2,207 619 12,795Interest income.................................................................................... 291,543 170,065 572 5,124 4,200 17,343 9,042 14,738 11,927 31,038 27,493

Royalty income (less loss)................................................................... *-812 *1 19 0 0 0 0 0 0 *-832 1

Net short-term capital gain (less loss)................................................. 1,113 *-34 *4,570 *48 *65 *-5,996 0 *[1] *1 *628 1,831

Net long-term capital gain (less loss).................................................. 1,100,480 277,613 *-5,280 *73,242 *2,182 *-3,459 *3,690 *22,787 *678,317 12,085 39,303

Real estate rental net incom e (less deficit )...................................... 64,185 *-7,251 *3,293 0 *34,149 *14,710 *-9,401 *2,744 *2,303 14,212 9,427

Net income.......................................................................................... 96,277 *2,501 3,773 0 *34,149 *21,816 *414 *2,744 *2,888 17,649 10,344

Deficit................................................................................................... 32,092 *9,751 *480 0 0 *7,106 *9,815 0 *585 *3,437 *917

Net income (less deficit) from other rental activity......................... 9,063 *35 -412 0 0 *7,900 0 0 0 1,175 *365

Net income.......................................................................................... 9,569 *35 0 0 0 *7,900 0 0 0 *1,269 *365

Deficit................................................................................................... *506 0 412 0 0 0 0 0 0 *94 0

Total net inc ome (less defi cit )............................................................ 32,090,836 1,417,733 689,466 1,415,988 3,125,784 5,983,952 7,421,632 4,976,969 3,003,409 2,888,480 1,167,424

Net income.......................................................................................... 35,248,902 1,792,424 953,251 1,900,914 3,599,064 6,291,528 7,777,568 5,429,650 3,109,165 3,123,985 1,271,350

Deficit................................................................................................... 3,158,065 374,692 263,785 484,926 473,280 307,577 355,936 452,681 *105,756 235,506 103,926

Art s, Ent ertainmen t, and Recr eation

Number of returns ............................................................................... 90,313 30,350 21,881 13,884 9,272 6,374 5,114 1,867 1,282 225 63

Number of shareholders................................................................... 141,803 48,752 29,957 20,972 13,793 9,955 11,694 2,701 2,457 1,105 415


Total receip ts [33]................................................................................ 49,574,946 453,581 1,396,829 2,282,990 3,374,287 4,393,348 7,748,635 6,978,356 8,360,479 5,173,542 9,412,898


Interest on government obligations: State and local [33].................... 9,321 *2,655 0 *502 *106 *2,728 3 *2,436 *167 563 160

Net gain, noncapital assets................................................................. 132,928 *82,317 *1,943 0 *271 *11,016 *18,186 *6,046 *5,922 3,906 3,321

Other receipts...................................................................................... 1,871,618 193,837 180,654 *49,235 *57,336 9,882 270,767 23,372 49,763 333,542 703,227

Total deduc tio ns.................................................................................. 46,674,057 1,027,918 1,317,670 2,006,500 3,168,570 4,133,926 7,192,688 6,618,965 8,079,050 4,193,901 8,934,869

Cost of goods sold............................................................................... 10,673,278 *13,334 102,393 325,810 459,655 794,695 1,531,608 1,494,595 2,310,781 1,055,189 2,585,216

Compensation of officers..................................................................... 4,040,164 *42,723 164,727 341,782 461,814 657,066 486,050 901,770 447,724 310,032 226,476

Salaries and wages............................................................................. 8,530,361 *58,045 74,001 136,526 436,741 502,368 1,451,769 1,250,918 1,234,721 962,422 2,422,851

Repairs................................................................................................ 745,978 5,537 22,878 49,851 72,495 97,193 136,212 109,804 124,116 70,798 57,094

Bad debts............................................................................................. 155,955 *4,180 *9,836 *21,654 *849 *5,324 11,337 1,273 4,968 10,174 86,359


Taxes paid........................................................................................... 1,695,054 28,794 37,584 60,047 118,501 138,029 304,700 189,657 241,185 171,262 405,294

Interest paid......................................................................................... 899,100 118,138 16,914 26,592 67,797 23,494 95,184 45,315 99,529 64,774 341,363

Amortization......................................................................................... 344,949 13,604 *11,524 *12,610 *3,208 *4,728 40,160 6,718 10,212 10,796 231,389

Depreciation........................................................................................ 1,831,946 144,246 69,870 95,081 117,734 204,783 231,082 147,495 291,308 223,497 306,850

Depletion............................................................................................. 0 0 0 0 0 0 0 0 0 0 0

Advertising........................................................................................... 924,388 8,652 26,494 33,044 28,286 55,940 191,290 148,690 119,091 91,875 221,028

Pension, profit-sharing, stock, annuity................................................ 364,592 *402 *3,989 *18,027 *50,857 *38,209 58,860 50,990 30,754 26,345 86,158

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Employee benefit programs................................................................. 455,481 *7,830 *9,670 *7,796 40,558 *16,262 42,182 62,598 41,274 63,061 164,249

Net loss, noncapital assets.................................................................. 5,395 9 0 *438 0 0 0 *27 *245 *3,401 *1,275

Other deductions................................................................................. 12,905,179 543,831 577,254 724,674 903,708 1,207,012 1,997,417 1,764,703 2,681,193 960,118 1,545,269Total receipts less total deductions [33]........................................... 2,900,889 -574,336 79,159 276,490 205,717 259,422 555,948 359,391 281,429 979,641 478,029

Net incom e (less defici t) from a trade or business [33].................. 2,891,568 -576,991 79,159 275,988 205,610 256,694 555,945 356,956 281,261 979,077 477,869

Net income.......................................................................................... 5,376,132 181,051 243,387 363,887 367,641 389,476 774,542 542,581 635,288 1,077,720 800,560

Deficit................................................................................................... 2,484,565 758,042 164,227 87,899 162,030 *132,781 218,597 185,625 354,027 98,643 322,692

Portfolio income (less deficit) distributed to shareholders [34].... 726,194 479,294 *2,520 *14,159 *280 7,032 26,393 14,601 19,901 23,860 138,153

Dividend income.................................................................................. 13,617 2,399 *1,768 *7 *264 *2,181 *557 *2,978 *17 838 2,609

Interest income.................................................................................... 135,815 29,166 *780 *14,713 *550 2,059 13,439 4,224 31,026 8,267 31,590

Royalty income (less loss)................................................................... 132,946 33,185 0 0 0 [1] 0 *15 *1,975 789 96,983

Net short-term capital gain (less loss)................................................. 14,269 -849 *-12 *-56 *90 *53 *12,393 *-872 *248 *37 3,237

Net long-term capital gain (less loss).................................................. 429,546 415,394 *-16 *-505 *-624 *2,739 *4 *8,255 *-13,365 13,929 3,734

Real estate rental net incom e (less deficit )...................................... 64,234 -23,620 0 0 *4,276 *2,758 *1,635 *1,730 *21,316 *5,000 51,138

Net income.......................................................................................... 114,815 *26,618 0 0 *4,276 *2,758 *1,635 *1,731 *21,437 *5,219 51,139

Deficit................................................................................................... 50,581 50,237 0 0 0 0 0 *1 121 *219 2

Net income ( less def ici t ) f rom o ther ren tal act ivi t y.. .. ... .. ... .. ... ... .. ... -419 -1,206 0 0 0 6 0 *1 -492 *-182 1,455

Net income.......................................................................................... 1,612 *12 0 0 0 6 0 *1 0 *112 1,481

Deficit................................................................................................... 2,031 *1,218 0 0 0 0 0 0 492 294 27

Total net inc ome (less defic it)............................................................ 3,681,577 -122,523 81,679 290,147 210,167 266,490 583,973 373,288 321,987 1 ,007,755 668,614

Net income.......................................................................................... 5,936,557 598,965 245,285 366,924 367,537 389,795 788,568 548,368 656,198 1,093,887 881,030

Deficit................................................................................................... 2,254,981 721,488 163,606 76,777 157,369 *123,305 204,595 175,080 334,211 86,133 212,416

Accomm odat ion and Foo d Servi ces


Number of shareholders.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 412,603 51,148 41,582 66,394 81,446 86,953 54,237 18,971 6,318 4,869 687


Total receipts [33]................................................................................ 195,519,920 -18,254 1,632,774 6,997,784 16,213,397 31,309,424 43,128,386 28,989,865 18,996,898 29,428,138 18,841,508


Interest on government obligations: State and local [33].................... 4,625 *269 [1] 0 0 0 *885 *40 *107 3,155 168

Net gain, noncapital assets................................................................. 284,031 *14,442 *63,599 *33 *12,087 *61,832 *68,382 *16,689 *2,100 40,526 4,343

Other receipts...................................................................................... 1,674,996 -129,243 177,814 60,703 162,821 182,457 226,203 203,049 130,271 423,414 237,507

Total deductio ns.................................................................................. 190,172,349 499,100 1,947,035 7,408,681 16,434,184 30,825,526 41,221,485 27,596,510 17,988,686 27,970,701 18,280,441


Compensation of officers..................................................................... 5,895,402 *2,696 46,710 428,508 842,808 1,317,522 1,617,113 796,685 382,101 351,560 109,696


Repairs................................................................................................ 3,387,810 6,616 42,805 163,728 264,786 498,517 754,415 476,535 333,849 554,441 292,119

Bad debts............................................................................................. 133,524 *11,397 *1,238 *3,679 22,567 *1,113 39,541 5,204 8,966 15,693 24,128

Rent paid on business property........................................................... 14,993,358 85,351 238,914 830,660 1,625,139 2,621,852 3,127,101 2,521,276 1,197,986 1,721,368 1,023,712

Taxes paid........................................................................................... 8,456,708 30,061 101,128 384,539 786,310 1,596,258 1,869,889 1,175,780 665,107 1,114,765 732,871

7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Interest paid......................................................................................... 2,899,357 17,523 51,402 172,956 291,802 505,013 670,060 332,111 211,936 357,083 289,471

Amortization......................................................................................... 860,877 *12,795 37,121 41,413 112,655 107,745 143,658 113,609 52,625 139,707 99,550

Depreciation........................................................................................ 5,850,494 101,547 199,504 331,411 621,552 832,161 1,000,172 665,469 392,772 859,354 846,551Depletion............................................................................................. *196 *193 0 0 0 0 0 0 3 0 0

Advertising........................................................................................... 4,699,363 3,880 27,590 102,461 255,836 535,522 823,853 664,516 800,479 979,843 505,383

Pension, profit-sharing, stock, annuity................................................ 136,848 0 0 *1,455 *5,562 *6,576 22,269 *15,305 7,367 24,167 54,147

Employee benefit programs................................................................. 1,442,656 [1] *1,776 10,603 51,593 109,230 330,142 229,039 213,867 293,184 203,221

Net loss, noncapital assets.................................................................. 75,514 *1,313 *56,843 *1,811 *363 0 *82 *2,755 *1,343 5,957 5,048


Total receipts less total deductions [33]........................................... 5,347,572 -517,354 -314,262 -410,897 -220,787 483,897 1,906,901 1,393,355 1,008,213 1,457,436 561,068

Net income (less deficit) from a trade or business [33].................. 5,342,947 -517,623 -314,262 -410,897 -220,787 483,897 1,906,016 1,393,315 1,008,106 1,454,281 560,899

Net income.......................................................................................... 10,295,744 48,533 168,144 319,577 528,265 1,347,164 2,476,081 1,866,393 1,124,059 1,588,967 828,560

Deficit................................................................................................... 4,952,797 566,156 482,406 730,474 749,052 863,267 570,065 473,079 115,953 134,686 267,660

Port fol io income (less def icit ) d istr ibuted to shareholders [34]. .. . 1,128,756 210,469 *43,089 5,477 136,305 28,699 18,625 231,025 54,491 195,628 204,948

Dividend income.................................................................................. 120,164 *52,971 [1] 0 *1,227 *89 1,479 *300 *4,230 12,928 46,940

Interest income.................................................................................... 278,986 106,680 *3,888 1,928 3,253 4,737 16,560 57,343 17,666 32,179 34,752

Royalty income (less loss)................................................................... 132,441 0 0 0 *71 0 0 [1] 82 *23,102 *109,186Net short-term capital gain (less loss)................................................. -45,554 *-51,742 0 *-558 0 0 *20 *222 *614 4,393 1,497

Net long-term capital gain (less loss).................................................. 642,719 *102,560 *39,201 *4,107 *131,754 *23,873 *566 *173,160 31,899 123,027 12,573

Real estate rental net income (less def icit ) .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 129,925 27,210 *11,982 *30,261 *-1,990 *5,708 *10,167 *-2,388 18,417 11,168 19,391

Net income.......................................................................................... 170,902 40,467 *11,982 *31,847 *114 *7,658 *14,808 *4,687 20,782 19,166 19,391

Deficit................................................................................................... 40,977 *13,258 0 *1,585 *2,104 *1,951 *4,641 *7,075 *2,365 7,998 0

Net income (less deficit) from other rental activity......................... 5,816 -164 0 0 0 *4 0 0 *-28 *531 *5,474

Net income.......................................................................................... 6,008 0 0 0 0 *4 0 0 0 *531 *5,474

Deficit................................................................................................... *192 164 0 0 0 0 0 0 *28 [1] 0

Total net income (less deficit)............................................................ 6,607,444 -280,107 -259,191 -375,158 -86,472 518,307 1,934,808 1,621,951 1,080,986 1,661,608 790,712

Net income.......................................................................................... 11,311,992 276,046 172,131 325,319 663,677 1,375,220 2,498,388 2,021,376 1,172,689 1,773,294 1,033,852

Deficit................................................................................................... 4,704,548 556,154 431,322 700,477 750,149 856,913 563,580 399,425 91,702 111,686 243,140

Other Services

Number of returns............................................................................... 257,706 46,374 56,565 58,527 44,525 28,855 16,698 4,034 1,360 673 95

Number of shareholders................................................................... 393,972 63,264 75,221 87,111 74,212 47,692 30,991 8,886 2,951 3,221 422


Total receipts [33]................................................................................ 119,622,861 846,824 3,485,533 9,679,168 16,481,236 20,213,217 25,483,659 13,613,189 8,595,832 12,717,507 8,506,695


Interest on government obligations: State and local [33].................... 6,880 *2,650 0 *160 *573 0 *286 *[1] 0 *62 3,149

Net gain, noncapital assets................................................................. 155,672 *14,719 *1,101 *36,239 *24,315 *31,504 *28,469 *8,455 *3,124 5,190 2,556

Other receipts...................................................................................... 1,499,086 485,316 44,615 45,152 545,768 59,807 46,672 83,014 68,205 53,374 67,163

Total deduct ion s.................................................................................. 114,153,680 1,107,654 3,419,529 9,117,729 15,872,144 19,557,906 23,888,537 12,746,881 8,190,272 12,120,653 8,132,376


7/27/2019 1120S for S Corps




Total returns $25,000 $100,000 $250,000 $500,000 $1,000,000 $2,500,000 $5,000,000 $10,000,000 $50,000,000




Compensation of officers..................................................................... 7,638,607 41,697 384,964 954,621 1,469,700 1,684,563 1,733,834 712,015 247,711 330,029 79,472

Salaries and wages............................................................................. 19,017,827 *435,055 196,725 1,190,426 3,212,769 3,437,959 4,148,079 1,595,590 1,105,742 2,868,751 826,731

Repairs................................................................................................ 1,099,947 14,865 79,114 120,349 162,994 164,538 254,447 111,556 66,330 71,269 54,482Bad debts............................................................................................. 209,344 *1,421 *230 *531 11,849 16,028 110,748 25,980 23,880 12,922 5,756

Rent paid on business property........................................................... 8,711,422 76,978 494,416 1,219,763 1,444,756 1,611,078 1,552,905 413,018 517,380 1,073,170 307,958

Taxes paid........................................................................................... 4,079,739 13,966 107,048 330,499 605,186 815,775 819,110 368,982 298,250 566,715 154,209

Interest paid......................................................................................... 1,238,560 6,365 47,824 140,674 281,484 240,414 258,032 87,937 71,721 72,392 31,719

Amortization......................................................................................... 493,246 *1,336 18,359 39,467 87,818 143,507 108,800 36,023 *18,095 17,352 22,489

Depreciation........................................................................................ 2,367,117 44,422 143,555 294,030 410,083 404,447 391,940 97,790 119,494 249,878 211,478

Depletion............................................................................................. 0 0 0 0 0 0 0 0 0 0 0

Advertising........................................................................................... 1,677,103 11,413 62,339 125,144 184,429 388,736 398,735 130,018 144,118 178,398 53,774

Pension, profit-sharing, stock, annuity................................................ 394,065 *69 *12,406 16,414 *30,992 *60,488 54,476 111,342 12,737 46,778 48,364

Employee benefit programs................................................................. 1,276,136 *323 10,122 29,782 81,738 323,069 229,364 173,519 125,191 185,237 117,791

Net loss, noncapital assets.................................................................. 5,479 0 0 *2,564 *403 0 *327 0 0 *488 *1,697

Other deductions................................................................................. 18,135,027 399,741 1,168,434 2,329,626 2,974,264 2,862,650 3,252,974 1,329,804 1,903,166 1,337,271 577,097

Total receipts less total deductions [33]........................................... 5,469,181 -260,830 66,004 561,439 609,093 655,311 1,595,122 866,308 405,560 596,854 374,319

Net incom e (less defici t) from a trade or business [33].................. 5,462,301 -263,479 66,004 561,279 608,519 655,311 1,594,836 866,308 405,560 596,792 371,170Net income.......................................................................................... 7,816,326 75,738 419,787 913,569 1,200,941 962,734 1,780,291 908,701 496,730 680,616 377,219

Deficit................................................................................................... 2,354,025 339,218 353,783 352,290 592,422 307,423 185,454 *42,393 *91,170 *83,824 *6,049

Portfolio income (less deficit) distributed to shareholders [34].... 321,796 25,612 4,577 61,016 62,739 90,640 22,953 12,032 *2,291 11,438 28,496

Dividend income.................................................................................. 32,896 *866 *3,953 *333 *886 *606 *12,778 *6,283 0 625 6,567

Interest income.................................................................................... 96,753 32,061 *440 5,372 14,692 6,380 6,313 6,486 *2,291 11,245 11,474

Royalty income (less loss)................................................................... *38,217 *2 0 0 *37,718 0 [1] 0 0 0 497

Net short-term capital gain (less loss)................................................. -73,595 *-78,132 0 *1,426 0 0 *1,947 *-882 0 *-125 2,171

Net long-term capital gain (less loss).................................................. 227,525 70,816 *184 *53,886 *9,444 *83,655 *1,915 *146 0 -307 7,787

Real estate rental net incom e (less deficit )...................................... 80,022 *23,103 *-5,594 *32,998 *8,828 *6,444 *3 *1,280 0 7,311 *5,649

Net income.......................................................................................... 91,042 *25,351 0 *33,808 *9,209 *6,444 *26 *1,411 0 *9,144 *5,649

Deficit................................................................................................... 11,021 *2,248 *5,594 *809 *380 0 23 *132 0 *1,834 0

Net income (less deficit) from other rental activity......................... *19,521 *2,569 0 0 *12,478 0 0 *3,788 56 *627 3

Net income.......................................................................................... *19,521 *2,569 0 0 *12,478 0 0 *3,788 56 *627 3

Deficit................................................................................................... 0 0 0 0 0 0 0 0 0 0 0

Total net inc ome (less defic it)............................................................ 5,883,639 -212,195 64,987 655,294 692,564 752,395 1,617,793 883,408 407,907 616,168 405,318

Net income.......................................................................................... 8,233,367 201,788 414,830 997,432 1,230,147 1,057,992 1,802,737 924,624 499,048 693,647 411,123

Deficit................................................................................................... 2,349,728 413,983 349,843 342,138 537,583 305,597 184,945 *41,216 *91,142 *77,479 *5,805

Endnotes at end of table section. Detail may not add to total because of rounding. See text for "Explanation of Terms" and "Description of the Sample and Limitations of the Data."

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1120S for S Corps