S CORP DATA.

• Position: Corporate returns - Brief Article

Also featured in the 2001 issue of the Statistics of Income Bulletin is an analysis of S corp returns for 1998. Some 53.3 percent of all corporate returns are for S corps. This figure grew more than 5.5 percent in 1998 to nearly 2.6 million returns.

Tax Year 1998 was the second year that the IRS identified the number of S corps electing to treat a wholly...