Individual Income Tax Filing: Adjusted Gross Income (AGI): Sales of Property Other Than Capital Assets, Net Loss
SPOTCANL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,104,878.00
Year-over-Year Change
23.86%
Date Range
1/1/1999 - 1/1/2016
Summary
This economic trend measures the net loss from sales of property other than capital assets reported on individual income tax returns. It provides insight into taxpayer income and investment activities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Individual Income Tax Filing: Adjusted Gross Income (AGI): Sales of Property Other Than Capital Assets, Net Loss' trend represents the total amount of net losses from the sale of non-capital assets, such as business property, reported on individual tax returns. This metric is used by economists to analyze taxpayer income sources and investment behavior.
Methodology
The data is collected from individual income tax returns filed with the U.S. Internal Revenue Service.
Historical Context
This trend is relevant for assessing the financial activities and investment decisions of U.S. taxpayers.
Key Facts
- Net losses from non-capital asset sales are included in AGI calculations.
- This trend provides insight into taxpayer investment and business activities.
- The data is compiled from individual income tax return filings.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total net loss reported on individual income tax returns from the sale of property other than capital assets, such as business property.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the investment activities and income sources of U.S. taxpayers, which is valuable for economists and policymakers analyzing economic trends.
Q: How is this data collected or calculated?
A: The data is collected directly from individual income tax return filings with the Internal Revenue Service.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess taxpayer behavior, investment decisions, and overall economic conditions.
Q: Are there update delays or limitations?
A: There may be delays in data availability due to the time required to process individual tax return filings.
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Citation
U.S. Federal Reserve, Individual Income Tax Filing: Adjusted Gross Income (AGI): Sales of Property Other Than Capital Assets, Net Loss (SPOTCANL), retrieved from FRED.