Number of Returns, Gross Unrelated Business Income (UBI), Total Deductions, Unrelated Business Taxable Income (Less Deficit), and Total Tax, by Size of Unrelated Business Taxable Income or Deficit, Tax Year 2002
[All figures are estimates based on samples--money amounts are in thousands of dollars]
Size of unrelated business taxable income or deficit
Number of returns
Gross unrelated business income (UBI) (2)
Total deductions [1,2] Number of returns (3) 34,977 12,735 7,873 3,232 6,606 3,588 740 91 112
Amount (4) 7,922,208 4,260,153 1,872,093 59,225 245,392 544,351 490,728 160,677 289,591
(1)
Unrelated business taxable income (less deficit) Number of Amount returns (5) (6) 27,230 12,735 -3,232 6,653 3,663 741 92 114 -146,191 -793,438 -1,308 24,934 120,417 156,986 64,205 279,396
Total tax [3] Number of returns (7) 14,511 108 123 3,227 6,522 3,592 736 90 113
Amount (8) 192,747 650 584 197 3,982 22,328 49,490 20,825 94,691
Total................................................................................................................ 35,103 7,776,017 Deficit...................................................................................... 12,735 3,466,715 Zero [4] ...................................................................................... 7,873 1,872,093 $1 under $1,000...................................................................................... 60,533 3,232 $1,000 under $10,000...................................................................................... 6,653 270,326 $10,000 under $100,000...................................................................................... 3,663 664,768 $100,000 under $500,000...................................................................................... 741 647,714 $500,000 under $1,000,000...................................................................................... 92 224,881 $1,000,000 or more...................................................................................... 114 568,987
[1] Excludes cost of sales and services, which was subtracted from gross receipts from sales and services in computing gross profit from sales and services. Gross profit from sales and services was a component of gross unrelated business income (UBI). Cost of sales and services can include amounts attributable to depreciation, salaries and wages, and certain other deductible items. For all exempt organizations reporting gross UBI, cost of sales and services was $2.4 billion. [2] Includes both expenses and deductions reported on Form 990-T, lines 13(B) and 34, respectively. [3] Total tax is the regular unrelated business income tax after reduction by any tax credits (foreign tax credit, general business credit, prior-year minimum tax credit, and other allowable credits), plus the "alternative minimum tax," the "proxy" tax on nondeductible lobbying and political expenditures, and "other" taxes. The proxy tax was reported on Form 990-T and was included in total tax; however, it had no connection to the tax on unrelated business income or an organization's involvement in unrelated business 4 activities. For exempt organizations reporting gross UBI above the $1,000 filing threshold, total proxy tax was $1.1 million. [4] The Zero category includes 7,873 returns with equal amounts of gross unrelated business income and total deductions. These returns are not included in the data shown in column 5. NOTE: Detail may not add to totals because of rounding. SOURCE: IRS, Statistics of Income Division, March 2006.
5