Taxable profits and losses of U.S. farm sole proprietors, 1998-2016

$ billion

Line graph with 3 lines and 19 points per line.

Line 1, Taxable profits.
Point 1, 1998 is 8.8.
Point 2, 1999 is 9.2.
Point 3, 2000 is 8.3.
Point 4, 2001 is 7.7.
Point 5, 2002 is 6.3.
Point 6, 2003 is 7.5.
Point 7, 2004 is 7.4.
Point 8, 2005 is 8.5.
Point 9, 2006 is 7.7.
Point 10, 2007 is 5.6.
Point 11, 2008 is 11.7.
Point 12, 2009 is 11.6.
Point 13, 2010 is 12.3.
Point 14, 2011 is 14.6.
Point 15, 2012 is 18.2.
Point 16, 2013 is 17.3.
Point 17, 2014 is 16.3.
Point 18, 2015 is 13.5.
Point 19, 2016 is 11.5.
Line 2, Taxable losses.
Point 1, 1998 is -16.7.
Point 2, 1999 is -15.4.
Point 3, 2000 is -17.3.
Point 4, 2001 is -18.7.
Point 5, 2002 is -20.7.
Point 6, 2003 is -19.8.
Point 7, 2004 is -20.6.
Point 8, 2005 is -20.7.
Point 9, 2006 is -23.
Point 10, 2007 is -24.6.
Point 11, 2008 is -26.6.
Point 12, 2009 is -25.7.
Point 13, 2010 is -24.
Point 14, 2011 is -24.2.
Point 15, 2012 is -23.7.
Point 16, 2013 is -25.1.
Point 17, 2014 is -24.6.
Point 18, 2015 is -27.5.
Point 19, 2016 is -29.2.
Line 3, Taxable net.
Point 1, 1998 is -7.9.
Point 2, 1999 is -6.2.
Point 3, 2000 is -9.
Point 4, 2001 is -11.
Point 5, 2002 is -14.4.
Point 6, 2003 is -12.3.
Point 7, 2004 is -13.2.
Point 8, 2005 is -12.2.
Point 9, 2006 is -15.3.
Point 10, 2007 is -19.
Point 11, 2008 is -14.9.
Point 12, 2009 is -14.1.
Point 13, 2010 is -11.7.
Point 14, 2011 is -9.6.
Point 15, 2012 is -5.5.
Point 16, 2013 is -7.8.
Point 17, 2014 is -8.3.
Point 18, 2015 is -14.
Point 19, 2016 is -17.7.

Source: USDA, Economic Research Service using data from Internal Revenue Service, Statistics of Income, taxable profits and losses from farming, Schedule F (Form 1040).