T filed for Tax Year (TY) 2022. This tax year includes accounting
0925 Publ 16 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States
periods ending July 2022 through June 2023.
Section 1 of this report summarizes overall corporate activity for TY 2022. Section 2 discusses changes in law and regulations (if any) affecting the comparability of the statistics in this report with prior years. Section 3 describes the sample of income tax returns selected, the method of estimation used, how sampling variability of the data was measured, and other limitations. Section 4 explains the terms used throughout this report, and it includes the adjustments made in preparing the statistics and any limitations inherent in the data. Section 5 consists of the key corporation tax return forms.
The IRS Statistics of Income (SOI) Division classified the industries in this report according to the North American Industry Classification System (NAICS). The list of industry codes used for classification appears as an appendix to Section 4, Explanation of Terms.
Overall Corporate Summary Corporation summary statistics for TYs 2021 and 2022 are presented in Figure A. These data include the number of returns, total assets, total receipts, net income (less deficit), income subject to tax, total income tax before credits, and total income tax after credits for active corporations.
The number of active corporate tax returns filed increased approximately 2.3% between 2021 and 2022. Additionally, the number of corporations filing tax returns electronically rose 1.9% between those same years, increasing from 6,297,688 returns to an all-time high of 6,419,195 returns filed electronically.
Total assets reported for active corporations increased approximately 1.0%, from $141.9 trillion in 2021 to $143.3 trillion in 2022. By sector, Educational Services experienced the largest percentage increase, up 38.1% from $66.6 billion
Isaac Goodwin and William Rush were responsible for the overall production of this report. Jacob Dailey and Abigail Gaudinier prepared this introduction, under the direction of Julia Shiller, Chief, Corporation Returns Analysis Section
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