7‐Jun‐11
PRELIMINARY RESULTS
http://www.taxpolicycenter.org
Table T11‐0149
Distribution of Tax Units with Business Income, by Cash Income Percentile, 20111
Tax Units with Business Income 2
All Tax Units
Cash Income Percentile
Number (thousands)
Percent of Number Total
(thousands)
Percent of Total
Percent of Income Class
Tax Units with Business Income
Percent of Tax Units with Business Income Less than 0
Greater than 0
Greater than 10% of AGI
Greater than 25% of AGI
Greater than 50% of AGI
Amount ($Billions)
Average ($)
Business Income as Percent of Total AGI of Bracket
Lowest Quintile
Second Quintile
Middle Quintile
Fourth Quintile
Top Quintile
All
43,661
36,819
32,344
26,761
23,243
163,869
26.6
22.5
19.7
16.3
14.2
100.0
4,818
5,134
6,210
7,297
10,022
34,393
14.0
14.9
18.1
21.2
29.1
100.0
11.0
13.9
19.2
27.3
43.1
21.0
2.1
4.4
7.8
11.7
15.0
7.6
9.0
9.6
11.4
15.5
28.1
13.3
8.3
7.8
7.9
8.3
16.3
9.2
7.7
6.6
5.8
5.6
12.1
7.3
6.9
5.4
4.1
3.4
8.1
5.6
10
20
19
38
711
760
2,035
3,823
3,096
5,252
70,963
22,106
5.3
3.2
1.7
2.1
15.0
9.1
Addendum
80‐90
90‐95
95‐99
Top 1 Percent
Top 0.1 Percent
11,775
5,676
4,619
1,173
120
7.2
3.5
2.8
0.7
0.1
4,128
2,346
2,671
876
105
12.0
6.8
7.8
2.5
0.3
35.1
41.3
57.8
74.7
87.3
14.7
13.4
16.9
17.7
22.1
20.3
27.9
40.9
57.0
65.2
10.7
14.9
26.4
40.6
47.4
7.6
10.7
20.3
32.8
41.0
4.7
6.7
14.2
25.4
33.3
52
63
193
403
196
12,674
26,931
72,075
460,100
1,872,504
4.0
7.2
16.5
29.2
29.4
Source: Urban‐Brookings Tax Policy Center Microsimulation Model (version 0411‐1).
(1) Calendar year. Baseline is current law. Tax units that are dependents of other tax units are excluded from the analysis. Tax units with negative cash income are not included in the lowest income category but are included in the totals. The cash income percentile classes used in this table are based on the income distribution for the entire population and contain an equal number of people, not tax units. The breaks are (in 2011 dollars): 20% $16,812, 40% $33,542, 60% $59,486, 80% $103,465, 90% $163,173, 95% $210,998, 99% $532,613, 99.9% $2,178,886.
(2) Includes all tax units reporting non‐zero business income. Business income includes income or loss from a) non‐farm sole proprietors (Schedule C); b) farming (Schedule F); c) rental real estate (Schedule E Part I); d) partnerships (Schedule E Part II); and e) S corporations (Schedule E Part II).