Statistics Of Income For 1934 Vol 1

Excerpt from Statistics of Income for 1934, Vol. 1: Compiled From Individual Income Tax Returns, Estate Tax Returns and Gift Tax Returns The statistics contained in this report are based on the taxpayers' returns as filed, unaudited except for a preliminary examination to insure proper execution Of the returns, and include the revised data reported in amended returns showing net income of and over, but do not include tentative returns or data shown in amended returns with net income under Income tax returns filed by individuals having net income of and over and individual returns of net income under filed on form 1040 which display income characteristics similar to those usually found in returns of net income of and over, such as varied or unusual sources of income or large total income, pass through the Statistical Section, and the data are tabulated from each of these returns. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Statistics of Income for 1935, Vol. 1: Compiled From Individual Income Tax Returns, Estate Tax Returns and Gift Tax Returns Net income includes gains and losses from the sales of capital assets to the extent required or allowed under the Revenue Act of 1934. (see pp. 7 - 8 for a statement concerning treatment of net capital gains and losses.) Surtax net income represents the amount of net income less personal exemption and credit for dependents. The amount of net income subject to normal tax is determined by subtracting from the surtax net income the amounts of interest received on Govern ment obligations not wholly exempt from tax, dividends received, and earned income credit. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Statistics of Income for 1940, Vol. 1: Compiled From Individual Income and Defense Tax Returns, Taxable Fiduciary Income and Defense, Tax Returns, Estate Tax Returns, and Gift Tax Returns Of the nontaxable returns, are individual returns with net income Of - nontaxable because exemptions and credits exceed net income; and are individual returns with no net income showing a deficit of - returns on which deductions equal or exceed total income. The normal tax and surtax liability of is reported on individual and fiduciary returns with net income. The alternative tax of is reported on returns with net income, Of which are individual returns and 760 are fiduciary returns, and on 46 individual returns with no net income owing to net long-term capital loss. The defense tax Of is reported on individual and fiduciary returns with net income. The average tax for all returns with net income is $102 and the effective tax rate percent; the average tax for taxable returns with net income is $199 and the effective tax rate percent. The increase in number Of returns, amounts of net income, deficit, and tax, for 1940 Over 1939, and percent of increase, is as follows. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Vols. for 1934-53 issued in 2 pts.: pt.1. Individual income tax returns, estate tax returns, gift tax returns (varies); pt.2. Corporation income tax returns and personal holding company returns. 1954- issued in 4 pts.: Corporation income tax returns; Estate tax returns; Fiduciary income tax returns; Individual income tax returns.