r&^
t
.)Vb* 9336. 2473a 2 94
I954f
1956
Given By
vy
X
V
/ j
y ' lit
ry
^'
^^"V
STATISTICS OF INCOME . . . 1954
(o
for 1954
U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE
5
<
7
Statistics of Income / 1954
Individual
INCOME TAX
RETURNS
^^
for 1954
"""^^^
Prepared under the direction of the
Commissioner of Internal Revenue
by the Statistics Division
U. S. TREASURY DEPARTMENT
Internal Revenue Service • Publication No. 79
Boston Public Library
Superintpri'i''Tit of Documents
dMimt58
S'-" 1 1 19»»
UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1957
For sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. - Price 75 cents (paper cover)
LETTER OF TRANSMITTAL
Treasvky Department,
Office or Commissioner of Internal Revenue,
Washington, D. C, Octoher 22, 1957.
Sir : In compliance with the provisions of section fil08 of the Internal Rev-
enue Code of 1954, whicli states that statistics sliall be published annually with
respect to the operation of income tax laws, I have the honor to submit this re-
port for Statistics: of Income— 195^, Individiml Income Tax Retiii'mi for I9o4.
Information relative to sources of income, items of deductions, exemptions, tax
credits, and tax liability is tabulated by various classitications of income and
taxpayers.
Emphasis has been fjiven to several new features of the 1954 Code, such as
exclusions from gross income for sick pay and dividends, retirement income and
medical costs for significant age groups, contributions in excess of 20 percent of
adjusted gross income, and the marital status for a surviving spouse. As the
amount of taxable income was either reported or computed for each type of
individual return, it was possible for the first time to classify the returns by the
size of the tax base and to group them according to the applicable tax rate.
Respectfully,
Ri'ssELiv C. Harrington,
Commissioner of Internal Revenue.
Honorable Robert B. Anderson,
Secretary of the Treasury.
OTHER STATISTICS OF INCOME PUBLICATIONS
FOR 1954
Corporations Preliminary Statistics of Income, 1954 — Corporation Income
Tax Returns
Income statements, balance sheets, tax, dividends paid; classified
by major industry groups. Historical summary of total compiled
receipts, profit or loss, taxes, dividends paid by net income status,
1950-54. (39 pp., 30fS)
Statistics oj Income, 1954 — Corporation Income Tax Returns
Income statements, balance sheets, taxes, dividends paid, tax
credit. Classifications by industry groups, size of net income, size
of total assets, accounting periods, accounting and inventory
valuation methods. Special tables on beginning and ending inven-
tories of manufacturing and trade corporations, cash dividends
paid, corporations filing first returns, returns with foreign tax
credits, Western Hemisphere trade corporations, personal holding
companies. Historical summary 1945-54.
Individuals Preliminary Statistics of Income, 1954 — Individual Income
Tax Returns
Adjusted gross income, taxable income, income tax liability,
sources of income, exemptions, tax credits, itemized nonbusiness
deductions; classified by size of adjusted gross income. Selected
sources of income by States and Territories. (20 pp., 20^)
Fiduciaries Statistics of Income, 1954 — Fiduciary Income Tax Returns
Total income, taxable income, income tax, sources of income, deduc-
tions, exemptions; classified by size of total income. Selected
sources of income by States and Territories. Taxable income and
income tax by size of taxable income.
Estates Statistics of Income, 1954 — Estate Tax Returns
Gross estate, deductions, net estate, taxes, and tax credits. Classifi-
cations by size of gross estate, size of net estate before specific
exemptions. Selected estate tax data by States and Territories.
(26 pp., 25fi)
FOR 1953
Sole proprietor
ships
Partnerships
(Subjects not included for 1954)
Statistics of Income for 1953, Part 1, Individual Income Tax
Returns, Estate Tax Returns, Gift Tax Returns
Sole proprietorship income, business receipts, net profit or loss.
Classifications by size of total receipts, industry groups. (138
pp., 75fS)
Statistics of Income, 1953 — Partnership Returns
Partnership receipts, deductions, profit and loss, assets, liabilities.
Classifications by industry groups, size of ordinary net income or
deficit, size of total receipts. Frequency of returns by year of
organization, new or successor business Self-employment income
and family partnership data. (62 pp., 45(!)
Statistics of Income, 1953 — Farmers' Cooperative Income Tax
Returns
Receipts, deductions, net income or deficit, tax, assets, liabilities,
special deductions and adjustments. Classifications by size of
business receipts, size of total assets, net income status. States and
Territories, type of service performed, exemption status. (42 pp.,
40(S)
Gifts Statistics of Income for 1953, Part 1, Individual Income Tax
Returns, Estate Tax Returns, Gift Tax Returns
Total gifts, exclusions, deductions, net gifts, tax. Classifications
by size of net gifts, size of total gifts plus gift tax, tax status, type
of property. (138 pp., 75^)
Statistics of Income publications are for sale by the Superintendent of Documents, U. S.
Government Printing Office, Washington 25, D. C.
IV
Farmers' coop
eratives
CONTENTS
Page
Introduction 1
INDIVIDUAL INCOME TAX RETURNS
Characteristics of the year 5
Composition of adjusted gross income 8
Individual income tax provisions for 1954 8
Returns from which data were tabulated 9
Marital status of taxpayer 11
Personal exemptions 11
Salary exclusions for sick pay 12
Dividends received 1
Contributions 15
Drug and medical costs 17
Retirement income 17
Tabulated data 19
Description of sample and limitations of data 21
Explanation of classifications and terms 23
Classification of individual returns 23
Sources comprising adjusted gross income 24
Itemized nonbusiness deductions 26
Exemptions 27
Measures of individual income 28
Tax items 28
Basic tables, 1954:
1. Number of returns, adjusted gross income, taxable income, and income tax,
by adjusted gross income classes and classes cumulated 33
2. Sources of income and loss and nonbusiness deductions, by returns with
standard or itemized deductions 34
3. Sources of income and loss and nonbusiness deductions, by adjusted gross
income classes 35
4. Sources of income and loss, exemptions, and tax items — all returns, joint
returns, and other returns, by adjusted gross income classes 36
5. Itemized nonbusiness deductions, exemptions, and tax items, by adjusted
gross income classes — returns with itemized deductions 48
6. Number of returns by size of source and by adjusted gross income classes 50
7. Number of returns by size of nonbusiness deduction and by adjusted gross
income classes 55
8. Taxable income, tax credits, and income tax, by taxable income classes for
applicable tax rates 56
9. Adjusted gross income, taxable income, income tax, average tax, and effective
tax rate, by types of income tax and by adjusted gross income classes 58
10. Adjusted gross income, exemptions, taxable income, and income tax, by
marital status of taxpayer, by returns with standard or itemized deduc-
tions, and by adjusted gross income classes 59
11. Exemptions by marital status of taxpayer and by adjusted gross income
(jlasses 65
12. Capital gains and losses, short- and long-term, and capital loss carryover,
by adjusted gross income classes 69
13. Selected sources of income by States and Territories 71
14. Adjusted gross income and income tax, by States and Territories and by
adjusted gross income classes 72
15. Returns with self-employment tax — adjusted gross income and self-employ-
ment tax, by adjusted gross income classes 75
16. Returns with self-employment tax — adjusted gross income and self-employ-
ment tax, by States and Territories 76
Historical tables, 1945-54:
17. Number of returns by major characteristics, adjusted gross income, deficit,
and tax 79
v
VI CONTENTS
Historical tables, 1945-54 — Continued
18. Returns with income tax — number, adjusted gross income, income tax, and Page
average tax, by adjusted gross income classes 80
19. Sources of income by type 81
20. Selected sources of income by adjusted gross income classes 82
21. Itemized deductions by type 84
22. Returns with adjusted gross income — number, adjusted gross income, and
income tax, by States and Territories 85
SYNOPSIS OF TAX LAWS
Income tax:
A. Requirement for filing return and exemptions 89
B. Income tax rates 90
Self-employment tax:
C. Requirement for filing return and tax rate 91
FACSIMILES OF TAX RETURNS, 1954
Form 1040, Individual Income Tax Return 95
Form 1040A, Individual Income Tax Return 125
INDEX
Alphabetical index 129
INTRODUCTION
This is one of several reports issued for StatiKticK of Income — lHoIt in which
data for Individual Income Tax Returns are published in a separate volume.
Formerly, statistical data for individual income tax returns were included in
the annual report, Statistics of Income, Part 1.
Information in this report was taken from individual income tax returns
filed for the income year 1954 on Forms 1040, whether long- or short-forms, and
on Form 1040A, the new card-form for income under $5,000. Althoujih these
three types of returns varied in form and content, it was possible to integrate
the data reported on each, so that the tabulations are a complete coverage for
all individual returns.
Many new items resulted from changes in the law under the 1954 Code.
Several of the text tables are devoted to such features. In addition, there are
sixteen basic tables giving comprehensive data distributed by significant cla.ssi-
tications. No data were compiled this year from the business schedule V or the
farm schedule 1040F attached to the return of a sole proprietor. Following
the basic tables, there are six historical tables with important information as-
sembled for the most recent 10-year period.
A brief synopsis of the tax law, relating to individual income under recent
acts, covering filing requirements, exemptions, income tax and self-employment
tax rates, follows the statistical tables.
Facsimiles of Individual Income Tax Returns, Form 1040 and Form 1040A,
for 1954 are inserted at the end of tlie report.
On August 21, 1957, a Preliminary Report, Statistics of Income — 19-^lt, In-
dividual Income Tax Returns was issued containing four tables which are in-
cluded in this report without change as tables 1, 4, 5, and 13.
1
Individual
Income Tax
Returns
INDIVIDUAL INCOME TAX RETURNS FOR 1954
CHARACTERISTICS OF THE YEAR
The total number of individual income tax returns
filed for the income year 1954 was 56.7 million, a de-
crease of over one million from the all-time higji
filed for 1953. There were 42.6 million returns with in-
come tax after credits and 14.1 million with no income
tax liability for 1954.
Adjusted gross income of $230.2 billion, reported on
56.3 million returns, was larger than for any previous
year. This adjusted gross income exceeded that for
1953 by nearly $400 million, even though there were
1.1 million fewer 1954 returns with adjusted gross in-
come. An adjusted gross deficit of $1 billion w^as re-
ported on over 400 thousand 1954 returns with no ad-
justed gross income. This deficit was 12 percent less
than that for the previous year although there was a
4 percent increase in the number of deficit returns for
1954. The net amount of adjusted gross income for
the 56.7 million 1954 returns was $229.2 billion, which
was about $500 million above the corresponding amount
for 1953.
Taxable income, the tax base under the 1954 Code,
was $115.3 billion on 42.8 million returns, some of which
had no income tax liability after credits. Unlike 1953,
the tax base was either reported on or computed for
each 1954 return.
Table 4.— NUMBER OF RETURNS, INCOME, DEFICIT, AND TAXES: 1964 AND 1963
Increase or
Items
1954
1953
(adjusted)
decrease
Number or
amount
Percent
All returns:
Number of returns
56,747,008
57,838,184
-1,091,176
-1.9
Adjusted gross income
thousand dollars . .
230,^35,855
229,863,409
+372,446
+ .2
Adjusted gross deficit
thousand dollars..
1,014,480
1,155,153
-140,673
-12.2
Self-employiDent tax
thousand dollars..
301,498
226,614
+74,884
+33.0
Taxable returns:
Number of returns
42,633,060
44,159,622
-1,526,562
-3.5
Adjusted gross income
thousand dollars..
209,668,830
210,483,602
-814,772
-.4
Income tax thousand dollars . .
26,665,753
29,430,659
-2,764,906
-9.4
Nontaxable returns:
Total number of re turns
14,113,948
13,673,644
20,567,025
U, 678, 562
13,256,263
19,379,607
+435,386
+417,381
+1,187,218
+3.2
With adjusted gross income:
Number of returns
+3.1
Adjusted gross income
thousand dollars..
+6.1
With no adjusted gross income:
Number of returns
440,304
422,299
+18,005
+4.3
Adjusted gross deficit
thousand dollars..
1,014,480
1,155,153
-140,673
-12.2
Income tax liability for 1954, reported on 42.6 million
taxable returns, was $26.7 billion after the tax credits
were deducted. The income tax after credits was 9
percent, or $2.8 billion, below that for 1953. Several
reasons contribute to the decrease. Direct causes were
1.5 million fewer returns with income tax for 1954, lower
income tax rates than for 1953, and two new tax credits
granted under the 1954 Code. Other contributing
causes were liberalized nonbusiness deductions and ex-
emptions for dependents, and the broadened scope of
taxpayers entitled to use split-income or the head of
household rate.
The total tax credits claimed amounted to $208 million,
11 percent of which occurred on returns with no in-
come tax liability after credits, that is, nontaxable re-
turns. The tax credit for dividends received of $118
million was reported on 2.5 million returns. This was
more than two-thirds of the returns showing an amount
of dividends in adjusted gross income. Retirement in-
come credit, reported on less than one-half million re-
turns, amounted to $71.2 million, of which 29 percent
was on nontaxable returns. The remaining tax credits
of $18.8 million for foreign tax paid, tax paid at source,
and for partially tax-exempt interest were practically
all on taxable returns.
Self-employment tax imposed on self-employment in-
come of individuals was reported on 4.2 million returns
for 1954. The self-employment tax amounted to $301.5
million, which is about $75 million greater than the self-
employment tax for 1953. The rate for 1954 was 3 per-
cent, three-fourths of 1 percent higher than last year.
In text table A above, there is a comparison of 1954
and 1953 data for the number of returns, adjusted gross
income and deficit, income tax, and self-employment
tax, stating the increase or decrease over 1953. The
classification of taxable and nontaxable returns was
based on the presence or absence of an income tax lia-
bility after credits. The 1953 data in this comparison
have been adjusted, since this classification for the 1953
tabulations, as published originally, related to total tax
liability, i. e., income tax and self-employment tax.
The alternative income tax for 1954, reported on
returns in the higher income classes which had a net
long-tenn capital gain in excess of the net short-term
capital loss, was $2.4 billion. The number of returns
with this tax for 1954 was nearly 5,000 greater than the
number for 1953, and the tax was $400 million greater,
reflecting the increase in long-term capital gain for 1954.
The optional tax table was used to determine the in-
come tax on 33 million returns with adjusted gross in-
come under $5,000 for 1954.
Part or all of the income tax on 1954 returns was paid
under the current taxpayment method by tax withheld
from wages or by payments on dex?laration of estimated
tax. These payments amounted to $27.7 billion; how-
ever, there were tax overpayments to the extent of $3.7
billion on approximately 35 million returns. Self-
INDIVIDUAL INCOME RETURNS FOR 1954
employment tax was not paid currently but, if the in-
come tax was overpaid, no refund was available until
the self-employment tax was satisfied. Refunds re-
quested were $3 billion and credit on 1955 estimated tax
was $700 million.
Adjusted gross income is a legally defined tei-m and
the amount may be less than the total of all income re-
ceived by the taxpayer throughout the year. Three
major reasons were responsible for this occurrence for
1954: (1) certain types of income, such as interest re-
ceived on State and municipal bonds, are tax-exempt,
(2) specific sources of income, such as salaries and wages,
dividends received, and long-term capital gain, have
certain legal limitations which can reduce the amounts
received when they are included in adjusted gross
income, and (3) most sources wliich result in a loss,
instead of a gain or profit, can be subtracted when com-
puting the composite adjusted gross income. Some of
the outstanding features of the components of the 1954
adjusted gross income follow.
Salaries and wages reported in adjusted gross income
for 1954 amounted to $186 billion. These salaries and
wages were exclusive of the wages received under wage
continuation plans for sickness or injury which, under
the new Code, are excludable from gross income. Sala-
ries and wages included in adjusted gross income for
1954 were $1.8 billion below the amount reported for
1953, and there were nearly 1 million less returns with
salaries and wages than there were in the 1953 report.
The amount of wages excluded from gross income on ac-
count of sick pay is tabulated in text table E and dis-
cussed under Salary Exclusions for Sick Pay, page 12.
Dividends received from corporate stock and included
in adjusted gross income for 1954 amounted to $7
billion. This amount, reported on Form 1040, was ex-
clusive of dividends that qualified for tlie exclusion from
gross income of dividends up to $50, allowed under the
new Code to each individual taxpayer (on joint returns,
up to $100 if both spouses received such dividends).
The increase of $1.2 billion of dividends in adjusted gross
income for 1954 over the amount reported for 1953 was,
to a large degree, the result of a change in method
of reporting dividends received by beneficiaries from
estates and trusts and by partners from their partner-
ships. For 1953, dividends received through partner-
ships and fiduciaries were reported as income from these
entities, but for 1954, income that was accorded special
treatment, such as dividends, retained its character and
was reported separately.
Among the 1954 returns under $5,000 adjusted gross
income, 1 return in 28 had dividends in adjusted gi'oss
income, while 1 in every 7 returns with adjusted gross
income of $5,000 or more had dividends. In each case,
the occurrence is less frequent than in 1953. The re-
duced frequency of dividend occurrence in 1954 was, to
some extent, a result of the fact that receipt of divi-
dends totaling less than the allowable dividend exclusion
did not enter into tiie composition of adjusted gross
income. Additional information relating to dividends
will be found under the section for Dividends Received,
on pages 12-15.
The deci-ease of $1 billion in tlie income from estates
and trusts for 1954 resulted principally from the separa-
tion of dividends received by beneficiaries from the other
fiduciary income received.
Interest received during 1954 income year was $2.4
billion, an increase of 16 percent over that reported for
1953. Annuities and pensions for 1954 showed an in-
crease of $135 million, or 20 percent.
In determining the income received from businesses,
partnerships, rents and royalties, sales of capital assets,
and sales of property other than capital assets, both the
income and loss from each type of transaction should
be considered. Combining these positive and negative
amounts resulted, for 1954, in a business profit, partner-
ship profit, rent and royalty income, gain from sale of
capital assets, and a loss from sales of property other
than capital assets. Both business and partnership
profits increased for 1954, but the rent and royalty in-
come showed a slight decrease, as compared with 1953.
Gain on the sale of all types of capital assets showed an
exceptionally large increase of 62 percent over 1953.
The loss from sales of property other than capital assets
was smaller than for 1953. The net operating loss de-
duction was 28 percent less than that reported for 1953.
Standard deduction was elected by taxpayers on 41
million returns for 1954, or 72 percent of all returns
filed. However, the proportion of standard deduction
returns has been decreasing steadily for several years.
More than two-thirds of the itemized deduction re-
turns for 1954 had interest paid and 93 percent showed
a deduction for State and local taxes paid.
The deduction for contributions amounted to $3.9
billion which was an increase of more than 9 percent
over the deduction for 1953. This increase may be at-
tributable to the increased allowance under the 1954
Code for contributions and gifts to hospitals, churches,
and educational institutions, and to tiie contributions de-
ducted by 1.1 million more persons claiming contribu-
tions on 1954 returns. A deduction was claimed on 93
percent of the itemized returns. The allowable deduc-
tion for contributions in excess of 20 percent of adjusted
gross income is tabulated in text table H; and other fea-
tures regarding the extra deduction are stated in tiie text
under Contributions, page 15.
Medical expenses were deducted on 8.6 million, or 55
percent, of the 1954 returns with itemized deductions.
There were 1.4 million more returns with this deduction
than in the previous year. The medical deduction for
1954 amounted to nearly $3 billion, which was an in-
crease of $600 million, or 24 percent, above the 1953 de-
duction. The increase was the result of the liberalized
medical deduction under the 1954 Code which raised the
amount of maximiun deduction and lowered the ex-
cluded amount of such expenses from 5 to 3 percent of
adjusted gross income. The latter enabled more tax-
INDIVIDUAL INCOME RETURNS FOR 1954
payers to claim the deduction. The average medical
deduction per return was $344 for the 1954 returns, as
compared with $330 for the 1953 returns. The entire
medical costs reported on the 1954 returns are set forth
later in the text under the section for Drug and Medical
Costs, together with its accompanying text table I,
pages 16 and 17.
The new allowance for child care was claimed on
272,737 returns and the deduction amounted to $88.7
million. Casualty losses showed an increase of 13 per-
cent over the 1953 losses.
In connection with the claim for retirement income
credit against the income tax, data relating to the in-
come of retired persons are available on tlie 1954 re-
turns. Of the 493,418 persons with this tax credit, more
than 433,000 were 65 or more yeare of age. Further in-
formation about retired taxpayers is given in the section
of the text on Retirement Income and text tables J and
K, pages 17-19.
In chart 1, data from returns with adjusted gross in-
come for 1954 illustrate the proportion of total returns,
total adjusted gross income, and total income tax which
was contributed by each of the three following adjusted
gross income groups : Under $5,000, $5,000 under $10,000,
and $10,000 or more.
The lowest income group, adjusted gi'oss income un-
der $5,000, had 74 percent of all the returns with ad-
justed gross income, which is one-half of 1 percent less
than for 1953. Adjusted gross income was 46 percent
of the total adjusted gross income, or 1 percent less than
for 1953. Income tax was 28 percent of the total in-
come tax, or 2 percent less than for 1953. -^
The middle income group, adjusted gross income
$5,000 under $10,000, contributed 22 percent of the re-
turns with adjusted gross income. Although this is a
slight increase over the proportion contributed by this
group for 1953, the number of returns for 1954 actually
decreased by 120,652. The adjusted gross income was
35.5 percent of the total, a proportion slightly smaller
than for the previous year. Income tax was 34.6 per-
cent of the total income tax, but it is about 1 percent
below the corresponding tax reported for 1953.
The highest income group, adjusted gross income
$10,000 or more, contributed nearly 4 percent of the re-
turns witli adjusted gross income. This group lias had
a steady, though small, increase annually since 1949
in the proportion of returns contributed. There was an
increase of 127,463 returns for 1954 over 1953. This
income group accounted for more than 18 percent of the
adjusted gross income, as compared with less tlian 17
percent for 1953. The dollar increase in adjusted gross
income for 1954 was $3.3 billion. The proportion of
adjusted gross income contributed by this group is the
largest since 1949. Of the total income tax, this group
reported over 37 percent, which is nearly 3 percent more
than the 1953 proportion. However, there was a de-
crease in tlie 1954 amount of income tax, which was also
a characteristic of the other two groups.
For the past few years, the lowest income group, ad-
justed gross income under $5,000, has continued to show
a decline in the proportion contributed toward the total
Chad 1 -RETURNS WITH ADIUSTEO GROSS INCOME, BY INCOME GROUPS, 1954
Percent of total
1001
Percent of total
1 100
90
70
60
50
30
^^ NUMBER OF RETURNS
ADJUSTED GROSS INCOME
^
INCOME TAX
LIABILITY
^^
wmmm.
80
70
50
40
30
UNDER »S,aoo
(S.OOO UNDER (10,000
ADJUSTED GROSS INCOME GROUPS
$10,000 OR MORE
8
of each item compared. However, the trend in the pro-
portion contributed by each of the two higher income
groups has changed somewhat for 1954. The middle
income group, adjusted gross income $5,000 under
$10,000, shows, for the first time since 1949, a decrease
in the proportion of adjusted gross income and of in-
come tax. The highest income group, adjusted gross
income $10,000 or more, shows an increase in the pro-
portion of adjusted gross income and of tax for the first
time since 1950.
COMPOSITION OF ADJUSTED GROSS INCOME
The principal sources of income comprising adjusted
gross income for 1954 are shown in chart 2 by their per-
centage relationship to adjusted gross income. The four
largest sources— salaries and wages, business, partner-
ship, and dividends— are allotted separate areas. The
remaining income, which is grouped together, includes
interest, annuities and pensions, income and loss from
estates and trusts, net income and net loss from rents
and royalties, net gain and the deductible loss from sales
of capital assets and other property, net operating loss
deduction, and the other sources as reported in adjusted
gross income.
Eighty-one percent of adjusted gross income consists
of salaries and wages. Business and partnership enter-
prises together form 11 percent of adjusted gross income
and dividends contribute 3 percent. The components
of adjusted gross income for 1954 changed very little
percentagewise when compared with their respective
proportion of the 1953 adjusted gross income.
INDIVIDUAL INCOME RETURNS FOR 1954
Chait 2.- COMPOSITION OF ADIOSTEO GROSS INCOME,
1934
BUSINESS 1^^
SALARIES
N
\
PARIHERSHIP ^^jp"'llliffli|
k.
AND
WAGES
\
DIVIDENDS^^^jBH
OTHER IKCOME^^i^^
/
T
ei*
y
/
ADJUSTED GROSS
1 NCOME
(net) $229
BILLION
INDIVIDUAL INCOME TAX PROVISIONS
FOR 1954
The Internal Revenue Code of 1954 revised the in-
ternal revenue laws relating to the individual income
tax in many respects. Several of these changes affect
the inclusion and exclusion of income items comprising
gross income and consequently the amount of adjusted
gross income to be reported. Nonbusiness deductions
are altered in some cases and a new deduction is allowed.
Tax credits in addition to those formerly permitted are
provided. Definitions of some of the basic concepts are
revised including that for dependents and a new marital
status is created. It is not possible to state all of the
numerous changes, but there are specified below some
of the important revisions which affect statistical data
tabulated from individual income tax returns for 1954.
Income tax provisions of the 1954 Code apply to in-
come of individuals only with respect to tax years
beginning after December 31, 1953, and ended after the
date of enactment, August 16, 1954.
The amount of gross income for which a return of
income must be filed by an individual 65 years of age
or over, unless self-employed, is raised from $600 to
$1,200.
The income tax rates applicable to 1954 income are
lower than those applicable to 1953 income. For years
beginning after December 31, 1953, two legislative ac-
tions are effective: (1) The graduated surtax rates were
reduced slightly by an amendment to the 1939 Code, and
(2) in the 1954 Code, the 3 percent normal tax and the
reduced surtax are combined into a single comprehensive
rate schedule. For 1953 income, the normal tax was 3
percent and the graduated surtax ranged from 19.2
percent to 89 percent. For 1954 income, according to
the amendment to the 1939 Code, the normal tax was
3 percent and the graduate<l surtax rates were reduced
so that they ranged from 17 percent to 88 percent.
However, in the 1954 Code, the two latter sets of rates
are combined into a single rat© schedule, applicable to
taxable income, ranging from 20 percent to 91 percent.
Three new credits against the income tax liability are
pennitted under the new Code. The retirement income
credit is equal to 20 percent of the amount of retirement
income up to $1,200, but cannot exceed the tax otherwise
due. Credit for dividends received is allowed on returns
with tax year ended after July 31, 1954, in an amount
equal to 4 percent of the domestic dividends (after ex-
clusion) received subsequent to that date; however, the
credit may not exceed the lesser of the total tax reduced
by the foreign tax credit or an amount equal to 2 percent
of taxable income for 1954 (4 percent in subsequent
years). Tax credit for partially tax-exempt interest
(allowed only if deductions are itemized) in the amount
of 3 percent of such interest replaces the prior deduction
from net income for normal tax purposes.
The new law eliminates the concept of net income, of
normal tax net income, and of surtax net income and
in place of these substitutes taxable income which means
adjusted gross income less deductions, standard or item-
ized, and personal exemptions which are now a deduc-
tion in computing taxable income.
The new legislation makes changes which affect the
INDIVIDUAL INCOME RETURNS FOR 1954
inclusion in gross income of amounts received from
dividends, annuities, prizes and awards, alimony and
separate maintenance payments, proceeds of life in-
surance, employee's death benefits, and income earned
over a period of yeai-s.
Items specifically excluded from gross income are a
partial exclusion of qualifying domestic dividends re-
ceived, amounts received by employees under a wage
continuation plan for loss of wages due to illness or
personal injury to the extent of $100 per week, and
scholai'ship and fellowship grants with certain limita-
tions.
The definition of adjusted gross income is modified
in the case of employees to allow deduction from gross
income of expenses as outside salesmen and non-
reimbureed transportation expenses for local travel in
connection with one's employment.
A new itemized deduction is granted for a working
woman or widower for the care of a dependent child
or stepchild under 12 years of age or of a dependent
physically or mentally incapable of caring for iiimself.
The care must be for the purpose of enabling the tax-
payer to be employed. The deduction is limited to $600.
In case of a working wife, the deduction is allowed only
if she files a joint return with her husband and the $600
limitation is reduced by the amount by which their com-
bined adjusted gross income exceeds $4,500, except where
the husband is incapable of self-support.
The limit on the amount of deduction allowed for
charitable contributions and gifts is raised under the
new law by allowing an additional amount equal to 10
percent of adjusted gross income, if the excess contri-
butions represent contributions to churclies or tax-ex-
empt hospitals and educational institutions.
The new law allows deduction for medical expenses
that are in excess of 3 percent (formerly 5 percent) of
adjusted gross income, but permits the inclusion of drugs
and medicines only to the extent that they exceed one
percent of adjusted gross income. Also, the limitation
on the maximum deduction for medical expenses is
raised to $2,500 per exemption other than age or blind-
ness, with a maximimi deduction of $5,000 in the case
of a single person or a married person filing a separate
return, and a maximum deduction of $10,000 in the case
of married persons filing a joint return, or of a head of
household, or of a surviving spouse.
The qualifications for head of household status are
broadened to include any taxpayer who supports a de-
pendent parent even though not living in the taxpayer's
home, if the taxpayer provides over one-half the co.st of
the household which is the parent's principal abode.
The new Code allows a surviving spouse the full bene-
fit of income splitting for 2 years following the death
of a spouse, provided he has not remarried and main-
tains a household as his home which is also the principal
abode for a child or stepchild for whom tlie taxpayer
is entitled to tiie $600 deduction for personal exemption.
The concept of dependent is liberalized in several re-
spects. The $600 gross income test is eliminated for a
child or a stepchild who is under 19 years of age or who,
regardless of age, is a student at an educational institu-
tion. In addition, the new law adds to the list of those
who may qualify as a dependent, any person supported
by the taxpayer whose principal abode is the home of
the taxpayer and who is a member of the taxpayer's
household. Also, residents of Panama or the Canal
Zone may be dependents if they otherwise qualify.
Two changes in the support test for determining de-
pendency are introduced. First, in cases where a group
of taxpayers support a dependent, no one of whom con-
tributes over one-half of the support, the dependency
may be assigned to any one of the group who contributes
over 10 percent of the support, if all other persons who
contributed more than 10 percent agree in writing that'
they will not claim the dependent for that year. Second,
in case of a child or stepchild of the taxpayer, amounts
received as scholarships will not be taken into account
in determining whether the taxpayer provided over half
of the child's support.
The measurement of business income is modified by
the more liberalized provisions relating to business de-
ductions for depreciation, research and experimental ex-
penses, soil and water conservation expenditures made
by farmers, loss carryovers, and organizational expenses.
Also, depletion and related allowances for mining and
natural resource industries are revised.
The business enterprise of a sole proprietor may be
taxed as if it were a corporation when the owner elects
the option to be so taxed.
The self-employment tax rate of 3 percent on the 1954
self-employment income subject to this tax was carried
into the new Code from the 1939 Code without change ;
however, this is an increase over the 214 percent rate
applicable to 1953 self -employment income.
RETURNS FROM WHICH DATA WERE
TABULATED
Individual income tax returns used to compile data
for this report were unaudited returns and, therefore, do
not reflect increases nor decreases in tax liability, in-
come, deductions, or otl\er items reported by the tax-
payer, that resulted from official audit of returns by tho
Internal Revenue Service.
Data were taken from all returns filed by citizens
and resident aliens, except those with no infonnation
regarding income and tax data. Returns from which
data were tabulated included returns of adults and of
dependent children earning less than $600 who were
nontaxable but who filed a return to claim refund of
income tax withheld, although they did not meet the
income requirement for the filing of a return. Also,
data were taken from returns of dependent children
under 19 years of age and dependent students who re-
ported $600 or more of income, whether taxable or
nontaxable, which met the requirement for filing.
10
INDIVIDUAL INCOME RETURNS FOR 1954
The individual income, tax returns used were Fonns
1040 and 1040A for the 1954 income year covering
calendar year returns, fiscal year returns ended within
the period July 1954 tlirough June 1955, and part year re-
turns with the greater number of montlis falling in 1954.
The majority of returns was for the calendar year 1954.
Tentative returns were not used and amended returns
were used only if the original returns were excluded.
Fiscal year and part year returns beginning in 1953, and
part year returns beginning in 1954 and ending before
August 17, 1954, were subject to the 1939 Code. The
1954 Code applies to returns beginning after December
31, 1953 and ending after August 16, 1954.
Foi-m 1040A, the new card-form return for 1954, was
used by employees with less than $5,000 total income
consisting of wages reported on the Withholding Tax
Statement, Form W-2, and not more than $100 total
of other wages, dividends, and interest. Husband and
wife could file on this form if their combined incomes
did not exceed these limits. Form 1040A could not be
used as a separate return of a married pei-son if one
spouse itemized deductions or if divided community
income was to be reported. Neither could this return
form be used by an individual claiming status as head
of household or as surviving widow or widower. Al-
though exclusion for sick pay was reported on this card-
form, no other deduction from salaries and wages could
be made, such as deductions for transportation and out-
of-town expenses, reimbursed expenses, or expenses of
outside salesmen. In repoi"ting other income on this
form, dividends received from domestic coi-porations up
to $50 ($100 on joint returns) were excluded but no
provision was made to report, the amount of the ex-
clusion. The income tax liability of taxpayers filing
on this form was determined by the district director of
internal revenue, on the basis of income reported, from
the optional tax table applying to 1954 income. The
tax in this table made allowance for exemptions and the
standard deduction which takes the place of nonbusiness
deductions and tax credits.
Form 1040 for 1954, either the long-form or the short.-
fonn, was used by individuals who, by reason of the size
or source of their income, were not permitted to use
Form 1040A and by individuals who, although eligible
to use Form 1040A, found it to their advantage to use
Form 1040. To claim the new tax credit for dividends
received or for retirement income, it was necessary to
use Form 1040.
Individuals with adjusted gross income under $5,000
from whatever source could elect to use the short-form
return on which nonbusiness deductions were not re-
ported, but on wliich allowable expenses in connec-tion
with the employer's business wei'e deducted from salaries
and wages. The income tax liability on this short-form
was determined by the taxpayer from the optional tax
table on the basis of adjusted gross income. The tax
table made allowance fqr the standard deduction, ex-
emptions, and tax credits other than for dividends re-
ceived and for retirement income, both of which could
be claimed on the short-fonn return. Individuals with
adjusted gross income under $5,000 who wished to claim
nonbusiness deductions in excess of the standard deduc-
tion or to claim tax credits other than dividends received
and retirement income used the long-form return and
itemized their deductions, deducted their exemptions,
and computed the taxable income.
Individuals with adjusted gross income of $5,000 or
more used the long-form return, claimed their exemp-
tions, and computed their taxable income. In comput-
ing the taxable income, tlie taxpayer could elect to use
the standard deduction rather than to itemize non-
business deductions. If he so elected, the standard
deduction was the smaller of $1,000 or an amount equal
to 10 percent of the adjusted gross income, except that,
in the case of a married person filing a separate return,
the standard deduction was $500. The standard deduc-
tion was not allowed on a separate return of husband or
wife if the taxable income of the other spouse was com-
puted by using itemized deductions. When the standard
deduction was used, only the two tax credits for divi-
dends rex-eived and retirement income could be claimed.
Individuals who used the long-form return, regard-
less of the amount of adjusted gi-oss income, computed
their income tax liability based on taxable income, by
using the income tax rates from the tax rate schedule
applicable to their marital status and claiming the rele-
vant tax credits.
Facsimiles of the 1954 individual income tax returns,
Forms 1040 and 1040A, are placed at the close of this
report, pages 95-127.
In text table B below, the number of individual re-
turns for 1954 is tabulated to show the volume of re-
turns filed on the different forms, whether they had
standard deduction or itemized deductions, and the di-
vision between taxable and nontaxable returns. Of the
56.7 million returns filed, 41 million, or 72.3 percent, had
the standard deduction and the remainder itemized non-
business deductions. Compared with 1953, the number
with standard deduction decreased approximately 3 per-
cent and the number with itemized deductions increased
about 3 percent.
The total number of long-form returns was 23.6 mil-
lion. On these the taxpayer computed the income tax
on the basis of his taxable income. Among these re-
turns, 7.9 million showed that the taxpayer elected to
use the standard deduction in computing his taxable
income.
The optional tax table applicable to total income un-
der $5,000 was used to determine the income tax on 13.2
million returns. Form 1040A, and on 19.9 million short-
form returns. Form 1040, making a total of 33.1 million
returns, or 58.4 percent of all returns filed for 1954.
The optional tax was used on a smaller percentage of
returns than last year.
INDIVIDUAL INCOME RETURNS FOR 1954
11
T»blo B.— NUMBER OF RETURNS BV FORM OF RETURN AND BV TAXABLE AND NONTAXABLE
RETURNS
Tubls C— NUMBER OF RETURNS, ADJUSTED GROSS INCOME, AND TAXABLE INCOME BV
MARITAL STATUS OF TAXPAYER
Form of return
Total
Taxable
Nontaxable
56,747,008
42,633,060
14,113,943
Standard deduction:
13,248,741
19,839,855
7,906,817
8, -^6,301
12,263,724
7,361,205
4,452,440
7,626,131
45 612
Short-form lOiO with adjusted gross income. . . .
Long-form 1040 with adjusted gross income
41,045,4U
28,921,230
Itemized deductions (long-form):
Returns with adjusted gross income under
9,013,125
6,688,470
7,091,244
6,620,586
1,921,881
67,884
Returns with adjusted gross income $5,000 or
Total
15,701,595
13,711,830
1,939,765
MARITAL STATUS OF TAXPAYER
Among the individual returns for 1954, there were
3-1.6 million returns filed jointly by husband and wife.
This group formed nearly 61 percent of all the returns.
Also, there were 2.3 million returns filed by married
persons who reported their respective income and
claimed their own exemptions on a return separate from
that of the other spouse. This marital group formed
only 4 percent of the total returns.
Single persons who did not claim status as head of
household or surviving spouse filed 18.7 million returns
for 1954, which was 33 percent of all returns. This was
the second largest group of returns among the five mari-
tal gi'oups. The remaining 2 percent of returns for
1954 were filed by unmarried individuals, 1.1 million
of whom claimed head of household status and nearly
64,000 others who claimed status as surviving widow or
widower.
Seventy-seven percent of the total adjusted gross in-
come (net) was reported on joint returns, and another
18 percent was reported on returns of single persons not
claiming head of household or surviving spouse status.
The joint returns showed the taxable income (tax base)
to be slightly less than half of the adjusted gross income
reported on them, while in all other marital groups, the
tax base was more than one-half of the adjusted gross
income. The taxable income is all inclusive inasmuch
as this item was computed for returns where it was not
reported.
Text table C shows the number of returns, amount of
adjusted gross income, and taxable income for each
marital status group. These data were taken from Part
I of basic table 10. For tabulating purposes, the class-
ification of marital status of taxpayer was determined
with regard to such items as the listing of a spouse's
name, exemption claimed for taxpayer and/or wife, sig-
natures of husband and wife, and particularly the check
mark for head of household or surviving widow or wid-
ower, along with any other pertinent data supplied by
the taxpayer. Each of the five classifications for mari-
tal status of taxpayer is described under Marital Status
Classification on pages 23-24.
The marital classification was used in the distribution
of data in basic tables 4, 8, 10, and 11, the last two of
445805 O -57 -Z
Returns
Adjusted
gross income
less deficit
(Thouwand
dolt»rmJ
Taxable
Marital status of taxpayer
Number
Percent
of
total
Income
(Thoaaand
dollmra)
Joint returns of husbands and wives...
Separate returns of husbands and wives
Returns of heads of household
34,568,482
2,298,981
1,089,440
63,920
18,726,185
60.9
4.1
1.9
.1
33.0
176,477,817
6,203,322
4,34^,178
270,242
41,925,806
86,038.569
3,239,780
2,450,458
145,238
Returns of single persons not heads of
household or surviving spouse
23,457,155
Total
56,747,008
100.0
229,221,375
115,331,301
which show all five marital groups separately. Table
8 shows certain of the marital gi-oups combined accord-
ing to the applicable income tax rate.
Both basic tables 10 and 11 show that there were
nearly 64,000 persons who claimed status as surviving
spouse. However, examination of data for returns of
surviving spouse in table 11, relative to the distribution
of returns by number of exemptions other than age or
blindness, reveals that among the individuals who
claimed marital status as surviving spouse, there are
27,513 persons who had only one exemption otiier than
age and blindness. This would indicate that during
the first year in which the surviving spouse status was
allowed, a considerable number of individuals misunder-
stood the requirement that, to qualify there must be at
least one child or stepchild dependent for whom the
taxpayer is entitled to a deduction for personal exemp-
tion of $600. None of these 27,513 persons had a de-
pendent according to their return. It is problematical
whether these individuals could have qualified for head
of household status and its special tax rate, or whether
they were single persons not entitled to any special tax
rate. Since the 27,513 persons claimed surviving spouse
status and computed their income tax by the split-in-
come niethod allowed for that status, data for them are
tabulated among data for returns having the split-in-
come tax rate along with othere claiming this marital
status, in Part I of basic table 8.
PERSONAL EXEMPTIONS
A total of 155.5 million pei-sonal exemptions were
claimed on the 56.7 million individual income tax re-
turns for 1954. These personal exemptions were ex-
emptions for the taxpayer and, on joint returns, his
spouse, exemptions for dependents, and the additional
exemptions for age and blindness. A resume of exemp-
tions is given on pages 27-28. Below in text table D, the
number of each type of exemption claimed is presented
by the five classifications for marital status of taxpayer.
There were 91.3 million exemptions for the taxpayer
and, on joint returns, his wife who is generally con-
sidered a taxpayer; 58.2 million exemptions for de-
pendents; and 6 million additional exemptions for age
and blindness of taxpayer, including those for the
spouse on joint returns.
Of the 58.2 million exemptions for dependents, 50
million, or 87 percent, were claimed on joint returns of
12
INDIVIDUAL INCOME RETURNS FOR 1954
husbands and wives. Other married persons filing sep-
arate returns claimed 1.6 million dependents.
Among the unmarried taxpayers, heads of households
claimed 1.1 million dependents, surviving widows and
widowers claimed 62,263, and other single persons
claimed nearly 5 million dependents. Although exemp-
tions for 27,513 individuals who claimed surviving
spouse status without a dependent are tabulated in that
marital group (as previously explained), it has no ef-
fect on the number of dependents in this or any other
group, since they did not have a dependent.
As compared with the 1953 report, the number of
dependents increased by 1.7 million in 1954. However,
exemptions for age and blindness decreased, as did the
taxpayer exemptions.
Table D.— NUMBER OF EXEMPTIONS BV MARITAL STATUS OF TAXPAYER AND BY TYPE OF
EXEMPTION
Total
number of
exemptions
Number of exemptions for —
Marital status of taxpayer
Taxpayer
Age and
blindness
Dependents
Joint retui-ns of husbands and wives.
Separate returns of husbands and
123,675,873
4.011,966
2,253,758
148,616
25,404,216
69,136,964
2,298,981
1,089,440
63,920
18.726,185
4,104,404
79,590
58,497
22,433
1,719,631
50,434,505
Returns of heads of household
1,105,821
62 263
Returns of single persons not heads
of household or surviving spouse...
4,958,400
Total
155,494,429
91,315,490
5,984,555
58,194,384
SALARY EXCLUSIONS FOR SICK PAY
The 1954 Code specifically exempts from the income
tax amounts received, as wages or in place of wages,
under a continuation plan for the period during which
an employee was absent from work on account of per-
sonal injury or sickness. The tax-exempt amount could
not exceed a weekly rate of $100, unless the plan was
one to which the employee had contributed, then
amounts received which were attributable to his contri-
bution were excluded without limit. In case of sickness,
a special rule disallowed tax exemption of amounts re-
ceived for the first 7 days of illness unless the employee
was hospitalized at least 1 day any time during the
period of absence from work on account of sickness.
Each taxpayer was required to report his gross salary
and wages and to give sufficient information to substan-
tiate his claim for the sick-pay exclusion deducted from
gross wages. The exclusion could be claimed on either
Form 1040 or 1040A.
In order to register the amount of sick pay excluded
on account of this new provision, it was necessary to use
an item not included in adjusted gross income. The
excludable portion of wages received as sick pay was
tabulated especially for this purpose. Text table E
shows the amount of salary exclusion for sick pay in
connection with the amount of salaries and wages en-
tering into the composition of adjusted gross income,
and the total salaiies and wages received. This table,
by adjusted gross income classes corresponding to those
in basic tables, also shows the number of taxable and
nontaxable returns on which a sick-pay exclusion was
claimed.
There are 928,628 returns witli sick-pay exclusions
amounting to $352 million deducted from gross salaries
and wages. The exclusion was about two-tenths of 1
percent of gross salaries and wages. Over one-half of
the sick-pay exclusion was reported on returns with ad-
justed gross income under $5,000.
Tsble E.— SALARY EXCLUSIONS FOR SICK PAY BY ADJUSTED GROSS INCOME CLASSES
Total
salaries
and wages
received
( 7h<xiaand
dolUrat
Salary exclusions for
sick pay
Salaries and
wages (after
Adjusted gross income classes
Number
of
returns
Amount
( Jhoumand
dallara)
exclusions)
(Thcuaand
doltmr»i
Taxable returns:
996,636
2,794,266
3,763,445
6,156,387
8,564,533
11,375,575
13,974,643
15,496,086
15,653,723
25,547,907
19,561,328
13,141,984
8,437,226
5,497,754
9,330,721
3,085,244
2,936,768
2,272,765
1,553,979
375,784
120,404
142,357
17,011
6,110
3,524
11,520
18,579
40,623
55,198
67,229
84,780
84,905
69,168
129,219
103,260
69,259
48,074
26,150
38,355
8,006
6,345
3,548
1,763
331
83
92
6
2
1,086
2,087
8,010
12,083
16,140
20,173
26,494
31 ,066
19,199
45,119
36,894
27,464
15,825
8,557
17,614
4,795
4,341
2,723
1,609
288
73
115
9
2
995,550
$1,000 under $1,500
$1 500 under $3 000 ...
2.792,179
3,755,435
$2,000 under $2,500
6,144,304
8,548,393
$3,000 under $3.500
11,355,402
13,948,149
$i,000 under $i,500
15,465,020
15,634,524
$5 000 under $6 000
25,502,788
19,524,4X
$7,000 under $8,000
$8,000 under $9,000
$9 000 under $10 000
13,114,520
8,421,401
5,489,197
9,313,107
$15 000 under $20 000
3,080,449
2,932,427
$30 000 under $50 000
2,270,042
1,552,370
$100 000 under $150 000
375,496
120,331
$200 000 under $500 000
142,242
17,002
6,108
Total taxable returns
170,802,636
870,019
301 ,'766
170,500,870
Nontaxable returns:
160,869
1,146,887
967,178
1,647,731
2,123,116
1,977,245
2,103,467
1,931,186
1,561,500
874,048
497,190
354,653
141,053
(M
11,425
(M
5,558
5,512
5,995
5,984
6,013
9,512
5,995
6,006
3,017
(M
(M
9,205
4,645
6,029
4,556
2,363
10,308
2,290
3,785
2,153
(M
(')
157,697
Under $600
$600 under $1 000
1,137,682
962,533
$1,000 under $1,500
$1 500 under $2,000
1,641,702
2,118,560
$2,000 under $2,500
$2 500 under $3 000
1,974,882
2,093,159
1,928,896
$3 500 under $^ 000
1,557,715
$A,000 under $4,500
$4 500 under $5 000
871,895
497,136
352,892
141,053
(M
$10,000 or more
11,425
Total nontaxable returns
15,502,074
58,609
50,321
15,451,753
Grand total
186,304.710
928,628
352,087
185,952,623
93,765,711
92,538,999
492,135
436,493
184,898
167,189
93,580,813
92,371,810
See text for "Description of Sample and Limitations of Data."
^Sample variability of this item is too large to warrant showing it separately.
However, this value is included in each total.
DIVIDENDS RECEIVED
Two special tabulations were prepared to show the de-
tails concerning dividends reported on individual re-
turns, Form 1040, for 1954. The new features, provided
under the 1954 Code for a partial exclusion of dividends
and for a tax credit for dividends received, necessitated
the reporting of information not required in previous
years.
The new Code provides that, for any tax year ended
after July 31, 1954, gross income does not include
amounts received by an individual as dividends from
domestic corporations to the extent that the dividends
do not exceed $50. In case the dividends exceed $50, the
exclusion applies to the dividends first received in the
tax year. The exclusion, however, does not apply to div-
INDIVIDUAL INCOME RETURNS FOR 1954
13
idends received from domestic corporations whose earn-
ings are not fully taxable.
Although dividend exclusions could be taken regard-
less of the return form used, the amount of exclusion
was not reported on Form 1040A. If husband and wife
filed a joint return of income, the exclusion applied sep-
arately to the dividends received by each as an individ-
ual taxpayer.
A credit against the income tax for dividends received
is also allowed under the new law. The tax credit is
allowed only for tax years ended after July 31, 1954,
and only with respect to qualifying dividends received
from domestic corporations after that date and included
in gross income. Credit was allowed to the extent of 4
percent of such dividends, provided this credit did not
exceed the lesser of the total income tax reduced by for-
eign tax credit, or 2 percent of taxable income. It was
obligatory to file Form 1040, either long- or short-form,
to claim benefit of this tax credit.
Taxpayers filing Form 1040 were required to report
domestic dividends qualifying for the exclusion in two
categories: those re<'eived before August 1, 1954, and
those received after July 31, 1954. Qualifying dividends
received through fiduciaries and partnerships were in-
cluded, a new feature of dividend reporting. The divi-
dend exclusion of $50, or $100 for joint income of
husband and wife, was first applied to the early receipts
and, if sucli dividends were insufficient, the remaining
exclusion was then applied to tlie late receipts. If the
taxpayer's dividend receipts totaled less than the maxi-
mum exclusion, they were nevertheless reported and the
exclusion applied to that extent. Domestic dividends
received after July 31, 1954, reduced by the applicable
exclusions were eligible for the tax credit for dividends
received. Foreign dividends and certain domestic divi-
dends did not qualify for the exclusion nor for the tax
credit. These were reported independently and com-
bined with the dividends after exclusions to obtain the
amount of dividends reported in adjusted gross income.
Table F.— DIVIDENDS ELIGIBLE FOR EXCLUSIONS AND TAX CREDIT FOR DIVIDENDS RECEIVED, BY ADJUSTED GROSS INCOME CLASSES
Adjusted gross income classes
Total dividends eligible
exclusions
Number of
returns
f Thatittnd
dolUrs)
Total
exclusions
(Thauaand
dolUes)
Received before Aug. 1, 195'i
Number of
returns
(ITioutand
dallarMj
Exclusions
(Thousand
dollara)
Number of
returns
Received after July 31, 1?^
[eligible for tax credit)
(Thousand
dollara)
Exclusions
( Thousand
dollara)
Tax credit for
dividends received
Number of
returns
Amount
(Thousand
Taxable returns:
$600 under $1,000...
$1,000 under $1,500.
$1,500 under $2,000.
$2,000 under $2,500.
$2,500 under $3,000.
$3,000 under $3,500.
$3,500 under $4,000.
$4,000 under $4,500.
$4,500 under $5,000.
$5,000 under $6,000..
$6,000 under $7,000. .
$7,000 under $8,000..
$8,000 under $9,000..
$9,000 under $10,000.
$10,000 under $15,000. .
$15,000 under $20,000..
$20,000 under $30,000..
$30,000 under $50,000..
$50,000 under $100,000.
$100,000 under $150,000
$150,000 under $200,000. . .
$200,000 under $500,000
$500,000 under $1,000,000.
$1,000,000 or more
Total taxable returns.
Nontaxable returns:
No adjusted gross income.
Under $600
$600 under $1,000
$1,000 under $1,500..
$1,500 under $2,000..
$2,000 under $2,500..
$2,500 under $3,000..
$3,000 under $3,500..
$3,500 under $4,000..
$4,000 under $4,500..
$4,500 under $5,000..
$5,000 under $6,000..
$6,000 under $8,000. .
$8,000 under $10,000.
$10,000 or more
Total nontaxable returns.
Grand total
Returns under $5,000...
Returns $5,000 or more.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
20,555
38,750
72,740
95,496
1117370
138,280
160,776
167,086
163,187
337,472
311,092
269,775
198,953
170,136
458
202
187,
121
59
296
',299.
,714
465
t «» .
0,605
2,993
3,067
420
196
7,963
15,048
40,855
55,055
^3,947
75,962
88,217
105,745
125,337
\ 188,957
195,880
252,394
177,726
151,760
723,653
524,108
778,880
863,074
991,328
S 4U,^70
197, ICK
367,931
139,075
197,965
990
1,699
3,563
4,677
5,913
6,912
8,410
8,660
9,013
17,876
17,312
16,472
12,358
10,721
30,269
14,089
13,325
9,280
4,807
891
252
257
34
19,055
35,783
69,193
87,916
101,846
129,211
146,651
151,983
154,647
309,706
290,860
248,584
186,278
159,481
429,407
190,751
176,181
115,684
57,603
10,403
2,948
3,016
420
193
4,440
7,788
23,203
30,352
32,865
41,025
47,345
59,962
70,040
102,431
106,762
136, 501
92,758
TO, 046
387,464
276,670
407,858
442,826
497,622
207,285
95,847
176,357
64,655
88,559
878
1,490
3,260
4,080
5,080
6,012
7,074
7,253
7,669
14 ,941
14,522
13,704
10,403
9,205
26,467
12,595
12,059
8,567
4,546
857
245
251
34
14
18,555
34,744
62,690
85,399
100,870
127,679
141,075
143,437
147,093
305,263
276,839
249,650
183,212
154,352
425,311
189,717
176,292
116,021
57,620
10,411
2,941
3,029
412
195
3,523
7,260
17,652
24,703
26,082
34,937
40,872
45,783
55,297
86,526
89,118
115,893
84,968
72,714
336,219
247,438
371,022
420,248
493,706
206,485
101,257
191,624
74,420
109,406
112
209
303
597
833
900
1,336
1,407
1,344
2,935
2,790
2,768
1,955
1,516
3,802
1,494
1,266
713
261
{')
15,522
25,218
51,593
69,824
82,739
104,557
101,328
111,240
111,891
214,267
203,389
188,357
145,465
118,933
362,617
171,197
164,555
111,2X
56,531
10,276
2,901
2,974
395
185
3,302,763
6,736,814
3,077,800
3,012,807
3,257,153
26,588
2,427,188
29,841
31,261
58,842
87,648
69,873
54,439
36,413
25,413
11,118
6,081
5,040
5,052
3,029
{')
1,604
16, 561
8,393
22,605
43,417
40,836
37,370
33,160
25,575
13,042
5,809
7,555
7,540
9,141
17,525
1,766
1,483
2,875
4,632
3,660
3,028
2,124
1,465
745
533
287
i')
371
227
26,292
30,245
55,319
77,049
64,826
51,954
35,424
24,372
10,618
6,081
5,040
4,552
2,540
(')
1,532
9,919
4,806
12,882
24,369
23,908
21,360
18,865
13,183
7,488
3,070
4,150
3,556
4,432
(=)
8,681
1,545
1,214
2,561
4,042
3,363
2,735
1,942
1,300
682
495
281
(^)
335
173
21,652
26,256
49,824
72,684
60,899
46,858
31,379
22,366
11,118
5,081
5,040
5,052
3,029
(^)
1,536
6,642
3,592
9,723
19,048
16,928
16,010
14,295
12,392
5,554
2,739
3,405
3,984
4,709
P)
8,844
269
314
590
297
293
182
165
63
38
6
(')
7,040
19,692
12,152
10,135
9,135
5,098
3,048
i')
2,551
426,177
289,505
396,367
161,021
363,297
128,484
2,538
72,615
221,116
3,474,167
191,990
3,376,104
3,385,637
29,126
2,499,803
1,384 809
2,344,136
827,457
6,198,862
72,435
148,681
1,283,505
2,190,662
461,020
3,179,662
62,956
129, OX
1,214,699
2,161,405
366,437
3,019,200
9,479
19,647
743,707
1,756,096
(11)
58
151
424
657
799
1,241
1,210
1,894
1,791
2,992
3,202
4,026
3,140
2,639
13,064
9,472
14,142
16,017
17,999
7,293
3,397
6,163
2,069
2,962
{')
195
157
113
116
186
71
199
(')
1,222
9,373
108,651
See text for "Description of Sample and Limitations of Data."
'Less than $500.
'Sample variability of this item is too large to warrant showing it separately. However, this value i
s included in each total.
14
INDIVIDUAL INCOME RETURNS FOR 1954
Table Q,— DOMESTIC AND FOREIGN DIVIDENDS RECEIVED \KD DIVTDENDS ELIGIBLE AND INELIGIBLE FOR EXCLUSIONS, BV ADJUSTED GR06S INCOME CLASSES
Adjusted gross income classes
Total domestic and foreign
dividends received
Nuiiibci' of
returns
(Thousand
dDllarai
vidends eligible
exclusions
Dividends not eligible for
exclusions or credit
Number of
returns
(Thousand
dollara)
Total
exclusions
(Thouand
dotlara)
Number of
returns
( Thousand
doltara)
Dividends
(after exclusions)
Number of
returns
( Thousand
dollar aj
(1)
U)
(3)
M
(5)
(6)
(V)
(8)
(J)
Taxable returns:
$600 under $1,000.
$1,00© under $1,500..
$1,500 under $2,000..
$2,000 under $2,500..
$2,500 under $3,000..
$3,000 under $3,500..
$3,500 under $4,000..
$.4,000 under $4,500..
$4,500 under $5,000..
$5,000 under $6,000..
$6,000 under $7,000..
$7,000 under $8,000..
$8,000 under $9,000..
$9,000 under $10,000.
$10,000 under $15,000..
$15,000 under $20,000..
$20,000 under $30,000..
$30,000 under $50,000..
$50,000 under $100,000.
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000.
$1,000,000 or more
23,623
47,275
86,386
102,006
129,472
155,353
174,866
187,705
191,770
367,603
341,138
287,906
214,538
180,686
475,217
207,926
190,958
123,144
59,913
10,658
3,007
3,074
426
197
8,915
18,546
46,395
58,147
62,986
81,019
92,553
111,919
134,822
200,65]
204,990
257,265
184,334
156,553
742,747
534,030
792,345
875,692
1,010,783
421,093
200,735
375,280
143,053
203,012
20,555
38,750
72,740
95,496
111,970
138,280
160,776
167,086
163,187
337,472
311,092
269,775
198,953
170,136
458,445
202,296
187,299
121,714
59,465
10,605
2,993
3,067
420
196
7,963
15,CK8
40,855
55,055
58,947
75,962
88,217
105,745
125,337
188,957
195,880
252,394
177,726
151,760
723,683
524,108
778,880
863,074
991,328
413,770
197,104
367,981
139,075
197,965
990
1,699
3,563
4,677
5,913
6,912
8,410
8,660
9,013
17,876
17,312
16,472
12,358
10,721
30,269
14,089
13,325
9,280
4,807
891
252
257
34
14
5,602
10,003
15,153
13,526
22,025
24,640
22,178
28,221
32,100
43,752
45,734
26,706
24,717
20,181
42,973
21,013
20,884
15,438
10,484
2,408
844
952
3,498
5,540
3,092
4,039
5,057
4,336
6,174
9,485
11,694
9,116
4,871
6,608
4,793
19,064
9,922
13,465
12,618
19,455
7,323
3,631
7,299
3,978
5,047
22,123
42,752
74,769
92,894
121,420
142,266
150,691
165,059
172,643
307,240
286,674
236,609
184,722
153,896
421,750
191,953
179,527
118,634
58,885
10,530
2,975
3,060
425
197
7,925
16,847
42,832
53,470
57,073
74,107
84,143
103,259
125,809
182,775
187,684
240,793
171,976
145,832
712,478
519,941
779,020
866,412
1,005,976
420,202
200,483
375,023
U3,019
202,998
Total taxable returns.
Nontaxable returns:
No adjusted gross income.
3,302,763
6,736,814
449,840
6,720,077
Under $600
$600 under $1,000
$1,000 under $1,500..
$1,500 under $2,000..
$2,000 under $2,500..
$2,500 under $3,000..
$3,000 under $3,500..
$3,500 under $4,000..
$4,000 under $4,500..
$4,500 under $5,000..
$5,000 under $6,000..
$6,000 under $8,000..
$8,000 under $10,000.
$10,000 or more
35,896
46,216
84,412
114,181
98,673
64,863
45,444
30,925
13,624
6,581
6,074
5,541
3,529
(M
1,618
18,732
11,661
31,851
53,290
56,276
43,531
39,660
28,829
15,592
5,932
9,263
7,905
9,476
(M
18,092
29,841
31,261
58,842
87,648
69,873
54,439
36,413
25,413
11,118
6,081
5,040
5,052
3,029
(M
1,604
16,561
8,398
22,605
43,417
40,836
37,370
33,160
25,575
13,042
5,803
7,555
7,540
9,141
(M
17,525
1,766
1,483
2,875
4,632
3,660
3,028
2,124
1,465
745
533
287
(M
371
227
7,063
15,443
27,110
28, 523
34,823
13,947
10,548
6,570
4,495
(M
(M
(M
(M
(M
2,171
3,263
9,246
9,873
15,440
6,161
6,500
3,254
2,550
(M
(M
{')
(M
(M
29,849
44,239
84,412
114,141
93,712
60,768
42,893
26,816
13,624
6,581
6,074
5,541
3,529
(M
1,611
16,966
10,178
28,976
48,658
52,616
40,503
37,536
27,364
14,347
5,449
8,976
7,534
9,249
(1)
17,992
Total nontaxable returns.
558,100
351,111
426,177
289,505
23,322
152,172
61,606
534,313
327,789
7,268,982
3,728,945
7,026,319
602,012
3,681,007
7,047,866
Returns under $5,000...
Returns $5,000 or mor.-.
1,645,345
2,477,604
929,969
6,339,0U
1,384,809
2,344,136
827,457
6,198,362
72,435
148,681
323,504
278,508
102,512
140,151
1,507,726
2,173,281
857,534
6,190,332
See text for "Description of Sample and Limitations of Data."
^Sample variability of this item is too large to warrant showing it separately.
However, this value is included in each total.
Tabulated data pertaining to dividends had to be
limited to information reported on returns, Form 1040.
On the Form 1040A, the amount of dividends after the
exclusion was included in "other income," and the
amount of the exclusion was not reported.
In text table F, the number of returns, amoimt of
dividends eligible for exclusions, and the amount of
exclusions, are tabulated for all dividends eligible for
the exclusion, as well as for dividends received before
August 1, 1954, and for those received after July 31,
1954. Since dividends received after July 31, 1954, less
the exclusions are the only dividends eligible for the
tax credit, the tax credit claimed in regard to such divi-
dends is tabulated here. All these data are distributed
by adjusted gross income classes, taxable and nontaxable,
similar to those in basic tables.
Text table G shows the total amount received by
individuals from domestic and foreign dividends with-
out regard to the exclusions. It also shows the amount
of dividends included in adjusted gross income and the
two components of dividends actually entering into this
amount, that is, (a) dividends eligible for exclusion to-
gether with the total exclusions claimed against these
dividends, and (b) dividends not eligible for exclusion
or credit. These items and their frequency are pre-
sented by size of adjusted gross income separately for
taxable and nontaxable returns, as in text table F.
Data in table G reveal that the total dividend receipts
repoi-ted for the income year 1954 was $7.3 billion, of
which $7 billion qualified for the exclusion and $0.2
billion were foreign and domestic dividends ineligible
for exclusion or credit. Tax-exempt dividend exclusions
of $0.2 billion reduced qualifying dividends to $6.8 bil-
lion which together with the nonqualifying dividends
of $0.2 billion were included in adjusted gross income.
Receipt of dividends was reported on 4.1 million re-
turns, but only 3.7 million returns showed dividends in
adjusted gross income.
Nearly one-half of the $7 billion of dividends qualify-
ing for the exclusion were also eligible for the tax credit.
These dividends, amounting to $3.4 billion (text table
F), although eligible for the tax credit, did not termi-
INDIVIDUAL INCOME RETURNS FOR 1954
15
nate in a tax credit on each of the 3.4 million returns
showing eligible dividends. In some cases, small divi-
dend receipts may have been eliminated by the appli-
cable exclusion. Returns without an income tax before
credits naturally had no credit. On other returns where
the taxpayer had taxable income and income tax, he
failed to take advantage of the credit benefit even tliough
lie was entitled to do so. There are 2.5 million returns
that had a tax credit for dividends received, amounting
to $118 million.
CONTRIBUTIONS
Individuals who itemized their nonbusiness deduc-
tions were allowed a deduction for charitable contribu-
tions and gifts. A new provision under the 1954 Code
allows a special additional deduction of up to 10 per-
cent of adjusted gross income for contributions made
to churches, associations of churches, tax-exempt edu-
cational institutions, and tax-exempt hospitals. In case
all contributions are made to such organizations, a de-
duction up to 30 percent of adjusted gross income may
be claimed. Contributions to organizations other than
the above are still limited to 20 percent of adjusted gi'oss
income unless the taxpayer qualified for the unlimited
deduction, retained under the new Code.
In computing the deduction for contributions the tax-
payer must first figure his contributions to the special
institutions to the extent of 10 percent of adjusted gross
income, tlien any amount in excess of 10 percent can be
added to the other contributions to which the 20-per-
cent limitation applies. In reality, the deduction con-
sists of two parts : one a deduction under the 10-percent
limitation, tlie other a deduction under the 20-percent
limitation. Both limitations apply to the combined ad-
justed gross income on joint returns as well as the ad-
justed gross income on separate returns. A description
of contributions is given on pages 26-27.
Text table H was prepared to show the number of
returns that liad a deduction for contributions in excess
of 20 percent of adjusted gross income and the amount
of sucli excess. This was accomplished by a compari-
son of the amount deducted on each return with 20 per-
cent of the reported adjusted gross income. If the
deduction was found to be over 20 percent of the ad:
justed gross income, the number of returns with an ex-
cess and tlie amount of the excess were tabulated in this
table along with the total number of returns with con-
tributions and the amount deducted. These data are by
classes for taxable and nontaxable returns similar to
those in basic tables.
This table shows the total deduction on account of
charitable contributions to be $3.9 billion claimed on
14.6 million returns. There were 132,073 returns on
which the deduction exceeded 20 percent of adjusted
gross income. On these returns, the additional deduc-
tion allowed under the new provision amounted to $67.6
T«bl» H.-DEDUCTIBLE CONTRIBUTIONS IN EXCESS OF 20 PERCENT OF ADJUSTED GROSS
INC0K4E BY ADJUSTED GROSS INCOME CLASSES
•
Number of
returns
«Ith
contri-
butions
Deduction
for contri-
butions
( IJwtj tand
doll art)
Returns with deduction
for contributions
exceeding 20 percent of
adjusted gross income
Adjusted gross income classes
Number of
returns
Amount in
excess of
20 percent
(Thoaiand
doIUri)
Taxable returns:
$600 under $1,000
$1,000 under $1,500
il 500 under 42 000
60,784
184,179
363,911
546,431
708,875
988,001
1,172,547
1,375,148
1,370,217
2,199,234
1,445,565
845,034
491,225
282,426
560,205
226,164
212,749
135,864
64.383
a, 101
3,108
3,148
427
199
4,020
17,494
41,850
76,645
109,366
171,502
208,668
255,590
269,870
469,598
360,462
234,297
162,502
101,068
258,773
141,346
175,617
174,238
170,576
72,188
35,984
77,679
31,409
50,420
2,489
2,500
5,012
7,070
6,502
5,006
5,023
3,540
2,523
3,574
(M
(>)
2,547
2,959
1,713
1,647
1,676
1,552
630
301
456
97
52
113
23
460
$2,500 under $3,000
$3,000 under $3,500
A3 500 under 4i 000
892
633
568
$4,000 under $4,500
ti 500 under $5 000
1,081
240
$5 000 under $6 000
493
(M
$7 000 under $8 000
(')
$8,000 under $9,000
$9 000 under $10 000
759
$15 000 under $20 000
1,566
i3Q 000 under i50 000
3,156
$50,000 under $100 000
5,646
$150 000 under $200 000
2,906
$500,000 under $1,000,000
4,458
Total taxable returns
13,250,925
3,671,162
60,912
54,073
Nontaxable returns:
9,388
18,083
112,049
153,023
183,523
184,278
184,619
152,302
124,246
87,555
47,732
35,797
18,632
(M
2,130
1,374
2.595
10,129
16,769
24,518
27,875
31,790
26,460
24,409
19,937
12,474
8,968
6,040
7,685
4,057
9,530
13,125
11,076
11,144
6,089
6,993
3,057
2,534
(M
(M
56
472
Under $600
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2 500 under $3 000
1,560
1,183
1,233
1,239
666
896
$3,000 under $3,500
$3,500 under $4,000
794
421
$4,500 under $5,000
$5,000 under $6,000
$8 000 under $10,000
Total nontaxable returns
1,314,381
221 , 384
71,161
13,489
Grand total
14,565,306
3,892,546
132,073
67, 562
Returns under $5,000
3,026,891
6,538,415
1,353,335
2,539,211
109,259
22,814
13,593
See text for "Description of Sample and Limitations of Data."
^Sample variability of this item is too large to warrant showing it separately.
However, this value is included in each total.
million. However, this does not signify the entire
amount contributed to the special institutions, because
in those instances wliere the special contributions ex-
ceeded the 10-percent limitation, the excess was mingled
with the other contributions to which the 20-percent
limitation applied, and in cases where the contributions
did not exceed the 20-percent limitation, the deduction
may have included contributions to the special organiza-
tions.
Less than 1 percent of the returns with a deduction
for contributions showed the deduction to be in excess
of 20 percent of adjusted gross income. Of the 132,073
returns with charitable deduction exceeding the 20-per-
cent limitation, 82 percent were returns under $5,000
adjusted gross income, but only one-fifth of the addi-
tional deduction occurred on these returns. The reverse
situation was shown on returns over $5,000 adjusted
gross income, where 18 percent of the returns had 80
percent of the additional charitable deduction.
16
INDIVIDUAL INCOME RETURNS FOR 1954
1 1
s ::
♦J Jh O c
5 '^ ^ p.
loo g ,
I ^
s^
a CO «
; 5 S I :
■^i I-
am o
£1 *J
5?
3 B <u
Q O O)
4) 3 ^1 -rl U
J3 +> --I -O 3
E 01 » <U tJ
St. BO)
r-IW<-^Nr iTl-OC^tOO* Or-lAjr^^ "^lS^S2 S<^oJc5?i
ij3knJ> u-iO-lCM-D --JC^-O-HOv Ojr-iA»Of^ ^0^0^^\^00
m.Ao r^(^ic^Sr-^ 3o^f"'~J'0 ^^>tc>'^ ^TSJSS;
r-\OOJ i^Or^'OO^ O'Or^'HiO \0'ACD-*^ iOr-ICT>irir^
i-TcT^ -Tc^vOn-iO tOO-OtOD- t-r-<\jinr^ u-tO<JIN
l\0O>i) -JrHiA-JO C-iH<-^-,Ip> r^OjD-r^^ £yD-(>if\p
oMw >}-.jo-H'n ONoamc^f- ff-c-cr^a; oorvryirjO
OOr~ t^-j<^->JC^ int^iHfNjC^ rHryoviDco o^cO^
MOf^ C^OOrHrM COU^OJt-H-^ OO^OtOO'^J <N >-•
r\j>j u~iC^cor--'0 ^D^^^^^Jl-^ -.jrycNriJ-H
I tAtO r^iAOOtor- OmO-HrH J^rjAJiA^ ■Tt^po^^A'T.
^t^ tnr-r\fH\0 rMvT'Atoco Jtot^<^J■-t ri>r-iH
^— -nr- OO'i^'H.-H r-IWOjno vOfMOojiO rsj
I t>->t f^D-O^OCO (MC'-irio^tO rHinOr^t^ i-HrvjiAO^--"
oS rni-l-iH-jr nr-OvD-O C^p.OO.H'n CM^O>A^ry
rHrH %Or>J(NCNJ>H -^.-Hr-tvOiri -.fSfM-sT'^ ITIOJOJ
rtvOiA oc~-Ajmt^ \0>fNl'n^ ^DC--r--jr>j
— 'r-HfNJ r-ir-itfN^n -^ C^ i-l r4 cH
i^o^ ooiAiMOf^ ■sfoj'OCMO xoo*c^'-*c~ '~''^:ir''i;
ooiA eoa''^o>a) iflvj-njoTi »"CJ'-<£y;'' :d;^2viJ
il Oj C^ C^ OS D- ^- O rH rj O "A -fl <M to rH t-- 1> *^0'^'^
^,H ^.-((^tOC^ -.f-jg-OtO r-i {J' -^ yD i-i iTiAjrl
((MtOO lAiD-J-iAO (MOstnrijirv r^OOOin;>J tOry^O^
'HIhc^ inoo^c^'^ OHoomr- ^xo-OiAa) fMOcrrH'O
f^COO' •O-Hi-tCJ^O ^OO'i-ttO O^OOiHOJC r^if>i>(^'-'
no rvooiA'n ^-r^{^^-^- r\jnvO>-t'A -j-rH.-*
".i
O ITl ps
n to f-
(N r-t <M ^ U-1
m (-1 rH iH O
fH rsi ri fn f^
^ CO vO 0$
O f\J CT' 1-1 y
•r, o ~j C r
■H O ■i r-l C
vO ^ iH
t^ 0\ lA
r^ oj Oj
I iD ^ \0
O >D to
O "A t-
t to ■"l >I \0
i lA O r-< \o
3 -f >r >i Aj
> c*- to t~ \o
o ya iD c
rH Nl -st U
O 0> O r
MAJiHOs r-t CM r\ CM O O- CM M
■^ yD (T' ^ >AO'-<P~(n vlOOO
4D E^ vD P- r
Ai CM to lA r
O O 1>
s >* Aj a- -■
t O CT- O C
lO^^O^ f^CM'ArHCO •HiOvOfMf^- tbAJCTi-.J--i
■s*sO-.T>A lACOiAOi*^
r\ >A lib r- C^
^ t-- t^ (M .-
\0 to sO -J r*
o \o to c- o
r^ Al 0> ^ sD
3t^ ^ O fA O t^ K
to CD ^ O lA AJ r-
■D lA >0 O
r\ \r\ r-*
p- O^ O O Aj
ft) rH r^ lA O
CO --J- nO lA -sf
r* c- o o r-
(-^ ^ Q ^ 0» Aj o
AJ C- ^ (T rH rJ r
rH lA AJ ^ ^ rH
rH CM AJ sj vj lA lA
vD ^O -* AJ ^
vD ■-< »0 1*^ C--
> CO (A r
CO O n^ C^ f^
\0 P~ lA CT. lA
.-I Ai o r-
>J AJ (A --*
O -H lA H lA
>r -J «i [^ t^
O lA lA vl O
—t (^ AI fA AJ
CA <A AJ
(7, c^ CO r- •-
SAi ri t-- U
AJ .H
£^ M lA r> "O
AI t^ lA r-i O-
o sO -o eo ■»*
CO O CO rH O
fA rH -1 lA t-
O to CO CT- ?•
to Al ft) -f CM
o o^ CO AI a*
C^ -.J CT- ^O O
CM CM f- AJ CM
AJ Ai ^ ■-» -I
i-( CO <A *J sfl
CT> -^ Q P- CA
•O <A O AI O
»o -fl <J> t^ <-*
«0 -* AI .-< r-l AI
"J tO 0» CO AI
lA AI CT- tA (A
rA t^ O CM n
AJ CM AJ o r-
O <7^ •-* -4 -t
r- Q o- o to
O 'S 'O ^ o
■^ lA iX) to r~
(A to ?■ -J ^
CM rH 03 O .H
CM t^ <A AJ r-(
M) vi a> -^
-H OS •-< -r
cA (J- r- CO
lA t^ (> -O U
c^ ^ r- ^ c
C- O AJ r-l >
O sO to >I -^
AJ n^ 0^ rH ^
D- O CM £> O-
lA in -J c
r~ Cjs -.J r
ff- lA to (A (A
S lA lA AI >0
«0 CO CM (A rH
1 o o C^
3 r-i C- pv
5 cj» c~- r-
l> O W C? lA
-J O CM CJ^ -^
CO CM lA lO a-
lA vO C^ ^ >A
^ to lA AJ -J
3 -^ CM vO C^
r O ^ r-«
AJ CM AJ (A AI
\0 r-i *A to (A
M- sO r- to to
AJ -J AI C^ ^
Q' \0 CM CM r
?M r- -i CM ^
^ sagps
>A ^ AJ lAtA
O AJ lA O
fA p> %0 CO
•O O lA
t^ (A to sO
■l vO rH '-^ —
«0 OS *A "A <7>
O 03 ^ <A O.
O ^ •-* ^ CM
f-1 rA sO O "A
00 -H to r^ sD
(A to CO C^ <A
tA C* CO Os »-<
■A sO CM OS r
.-( -J (T> C
(A CO CTs Q O
^ to f- O CM
tJ> C^ sD (A -.J
iH S ^
OS sO sO ^ ti
SO t-< sO to C
lA O CM AI ^
r^ Ai o -^ c
f S sB
t> a- lA o CD
-^ O sO CO o
(A CA \D O <-<
C* CO CA CO C^
t^ CTi <-! AJ O
OS C- CM 'O sO
CM -O C^ -J ■-<
O lA O C^ AI
sO ^ to rH O
,H lA vT (A ^
1 ?! ^ S a
> CM O CM If
S to f- -
CJs \0
Mi lA
--I tO"
rH CM -sj *A r
OS <js (A CM 1/
OS sD OS sO f
lA to CsO P-
a- OS <-" o CM
-1- ^ -I sO o
c~ o
CT- m
CA -.J
CA t^ O "A ps
C- P- to ^ is
Os ^ -•* "A CA
lA O rH C^ CO
lA sO C^ W O
00 O
^ CA
lA -i
O Os ■>! lA fA CO
CA F- CO O rH ^
t^ Nf O O O ^
lA CO OS CM to tA ^
CM (A f- C~- to C^ P-
AJ ^ 60 ^H O rA O
vi sO to to >!■
lA t^ OS .-* AI
CM rsj AI CM r-(
6,035
69,789
72,568
81,732
80,591
92,090
35,186
60,035
51,3i2
26,581
TO 1-1 oj Nj O
rH r-l (M fli tn
(n 'O O' US t^
TO TO O t^ TO
CM C^ Ov Oi TO
>i ^ fi ^ >r
t- lA O CM OS
tA OS O CM ft)
vj -,1 C^ >J «o
OS n tA OS CA
%I CM OS »A tA
t~-J=-
O CA
o so
so r-
kA o
sO o
V rsj
la
p- o
O fA
C- sD
^ CSJ
sO CM
m 3s
888 88888 88888
•AO'A 0>A0tAO 0C300*
U U U I
- o o o o
-O .-t AJ (A lA r^
sO > to 0^ ^ <fr<»<0 w »>
i^ t, I- u u
^t.'O'O'CJ ■O'DTJtJ'O ■O'O'OtJ'O
SS§§§ §§§§§ §§§§§
V ij v 0) o
-a -a TJ -a -a
l§§§l
»*$■*■
a> <u oj a> I
-o r3 TJ tJ I
§i§§c
8S88 =
^ iH CM >A r-
8§8
O r^ CM CM
4» t. U (h
I UJ HI
3 O O
?S8
»-«i*i*^
t. ooo ooooo QQQS
aiQOiAO lAOiAO-A ooo-
3 <» tf> «>«Q
O •£>
c c
CO ^
= j3 in en
mop
0 t^ bo bo
> -a -o
*J (U «
X lU *J t->
a> rH CO m
^ %^A
01 to 4 <
INDIVIDUAL INCOME RETURNS FOR 1954
17
DRUG AND MEDICAL COSTS
Information relating to medical cost was tabulated
from the schedule for itemized deductions on long-form
returns, Form 10-10, for 1954, if the taxpayer claimed a
deduction on account of medical and dental expenses.
These data are presented in text table I on page 16.
Three major changes regarding the medical and den-
tal expenses and the allowable deduction were made by
the 1954 Code. First, medical expenses in excess of 3
percent of adjusted gross income may be deducted.
Second, outlays for drugs and medicines may be in-
cluded in medical expenses only to the extent that they
exceed 1 percent of adjusted gross income. Third, the
limitations on the maximum deduction are raised to
$2,500 per exemption and to $5,000 per return except
that it is $10,000 on a joint return, a head of household
return, or a surviving spouse return.
When claiming a deduction for medical expenses, the
taxpayer was I'equired to rej^ort the cost of drugs and
medicines separately from other medical and dental cost.
Each of these two amounts was reported in its entirety
as net, that is, they did not contain any expenses com-
pensated by insurance or otherwise. These repoi'ted
costs, however, were before any of the limitations ap-
plicable to the deduction had been applied. Drugs were
reported without regard to an amount equal to one per-
cent of adjusted gross income to be excluded later, and
medical costs were reported without regard to an
amount equal to 3 percent of adjusted gross income
whether or not it was later excluded.
In text table I, the entire expense of both drugs and
medical costs, as reported by the taxpayer, are shown
for each of two age groups: under 65 yeai"s and 65
years or over. Data taken from joint returns where
only one spouse was 65 years of age or over were tabu-
lated with age group 65 years or over, because on such
returns, the medical deduction was allowed as though
both spouses were 65 or over. In addition to the drug
and medical costs, there are tabulated also the actual
medical deduction claimed, the related adjusted gross in-
come, and number of returns involved. All of these
items are shown for taxable and nontaxable returns,
each by adjusted gross income classes used in the basic
tables.
A description of medical expenses to be considered for
this deduction and the limitations on the amount to be
deducted, whether under 65 or 65 or more years of age,
whether joint or separate return, are given on page
•2.1 in the description of Medical and Dental Expenses.
There were 8.6 million returns which had a deduction
for medical expenses; 7.6 million of these retui'us
showed age under 65 years and 1.1 million showed age
65 years or over.
The cost of drugs was reported as $0.9 billion and
other medical cost reported as $3.5 billion. Of the com-
bined drug and medical costs amounting to $4.5 billion,
$3 billion was claimed as a deduction from adjusted
gross income. Thus two-thirds of the entire cost was
taken as a deduction. However, there was a wide varia-
tion in the pei'centage of cost claimed between the re-
turns with age under 65 and returns with age 65 or over.
Tlie combined drug and medical costs reported on re-
turns with age under 65 were $3.8 billion of which $2.4
billion, or 63.3 jiercent, was claimed as a medical de-
duction. On returns with age 65 or over, tlie com-
bined drug and medical costs were $0.7 billion of which
$0.6 billion, or 84.8 percent, was claimed as a deduction.
While both age groups show that there were disallowed
medical expenses, the special provision for age 65 years
or over permitted this group to claim 21.5 percent more
of their expenses than could be claimed by the group
under 65 years of age.
Of the total deduction for medical and dental ex-
penses, $1.6 billion was claimed on returns with adjusted
gross income under $5,000. This deduction represented
72 percent of the combined drug and medical costs re-
ported on this category of returns. The remaining
medical deduction of $1.4 billion, reported on returns
with $5,000 or more adjusted gross income, was 58 per-
cent of the combined drug and medical costs reported
on these returns. By coincidence, the two categories
of returns each reported $2.2 billion combined drug and
medical costs before the limitations.
RETIREMENT INCOME
The new provisions relating to retirement income al-
low an individual a credit against the income tax for
retirement income, if certain conditions are met. To
qualify, an individual must have received earned income
in excess of $600 in each of 10 calendar years (not
necessarily consecutive) before the beginning of the cur-
rent year. Widows and widowers whose spouse had
received such prior earnings are considered to have re-
ceived such earned income. If husband and wife both
qualify and have retirement income, each is entitled to
the credit as individuals, even tliough filing jointly.
For the purpose of tax credit, retirement income in
the case of individuals under 65 years of age differs from
retirement income of individuals 65 years of age or over.
If the individual has not attained the age of 65 before
the close of the tax year, retirement income means only
amounts received fi-om pensions or annuities under a
public retirement system. For individuals who are 65
yeare of age or over before the close of the tax year,
retirement income means amounts received as pensions,
annuities, interest, dividends, and gross rents. To be
considered retirement income, such amounts must be
included in adjusted gross income. Regardless of age,
tiie maximum amount of retirement income allowed for
computation of tax credit is $1,200. However, the
amount of retirement income allowed as the base of tax
credit is the smaller of (a) the retirement income re-
ceived, or (b) $1,200 reduced by amounts received and
excluded from gross income as pensions or annuities
18
INDIVIDUAL INCOME RETURNS FOR 1954
under social security and railroad retirement, or tax-
exempt pensions and annuities, and, in the case of an
individual who is not 75 years of age before the end of
the year, reduced by the amount of earned income in
excess of $900 received during the tax year.
The tax credit, computed at 20 percent on the base for
tax credit, is limited in that it may not exceed the
income tax reduced by credits for dividends received,
partially tax-exempt interest, foreign tax paid, and tax
paid at source on tax-free covenant bonds. In order to
secure this tax credit, an individual must file Form 1040,
either long- or short-form.
Data relating to retirement income reported in sched-
ule K, Credit for Retirement Income, on returns that
had a tax credit for retirement income, are tabulated in
two text tables. In both tables, data are distributed by
adjusted gross income classes for the taxable and the
nontaxable returns, corresponding to those in the basic
tables.
Text table J shows the number of returns with a tax
credit for retirement income, tlie total amount of retire-
ment income that met the specified definition, the tv. -
deductions from the $1,200 limit, tlie base for credit, and
the tax credit for retirement income. Frequencies in
this tabulation are on a return-count basis.
In text table K, the number of persons with a tax
credit for retirement income, the amount of retirement
income conforming to the definition, and tiie base for
credit are shown for two groups: pei-sons under 65 yeare
and persons 65 years or over. In addition, there are the
total number of persons with a tax credit and tiie two
deductions from the $1,200 limit, but the deductions are
without the division as to age groups. Frequencies for
items in this table are on a per capita basis.
There were 473,248 returns witli a tax credit for retire-
ment income. A total of $2.;^ billion of retirement
income was reported on these returns. However, only
a portioii of this retirement income was used as the base
for credit, because of tlie limitation on the amount of
Tabu J.-BETIREMENT INCOME. SPECIAL DEDUCTIONS, AND TAX CREDIT FOR RETKEMEOT INCOME. BY ADJUSTED GROSS INCOME CLASSES
Adjusted gross income classes
Taxable returns:
$600 under $1,000
$1,000 under $1,500.
$1,500 under $2,000.,
$2,000 under $2,500.
$2,500 under $3,000.
$3,000 under $3,500.
$3,500 under $4,000.
$i,000 under $i,500.
$i,500 under $5,000.
$5,000 under $6,000...
$6,000 under $7,000...
$7,000 under $8,000..
$8,000 under $9,000...
$9,000 under $10,000.
$10,000 under $15,000...
$15,000 under $20,000..
$20,000 under $30,000. .
$30,000 under $50,000. .
$50,000 under $100,000.
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000.
$1,000,000 or more
Total taxable returns.
Nontaxable returns:
No adjusted gross income.
Under $600
$600 under $1,000
$1,000 under $1,500...
$1,500 under $2,000...
$2,000 under $2,500...
$2,500 under $3,000...
$3,000 under $3,500...
$3,500 under $1,000...
$4,000 under $i,500. ..
$4,500 under $5,000..
$5,000 under $6,000..
$6,000 under $8,000..
$8,000 under $10,000.
$10,000 or more
Total nontaxable returns.
Grand total.
Returns under $5,000...
Returns $5,000 or more.
Number
of returns
with lax
credit for
retirement
income
(1)
7,114
16,158
15,624
25,318
23,782
26,751
24,271
28,886
19,767
19,171
14,168
8,040
29,588
12,709
11,851
8,192
4,577
1,013
341
354
60
29
Total
retirement
income
(2)
(M
19, «3
50,346
41,892
25,238
17,760
6,615
4,054
4,546
3,068
174, 4?9
9,922
21,842
34,074
61,936
61,362
71,626
73,126
106,588
92,103
89,917
98,587
51,165
247,792
142,532
191,196
182,661
187,541
71,976
35,310
54,779
21,079
26,554
Deductions from the $1,200 limit
Retirement income
excluded from adjusted
gross income
Number of
returns
(3)
1,933,939
(M
23,210
31,810
82,159
70,534
53,279
17,541
12,091
17,099
11,882
1,083
371,534
4,551
9,601
5,068
11,614
10,635
7,085
9,126
7,597
4,557
5,533
3,051
(M
9,142
4,024
3,935
3,054
1,534
339
134
107
13
6
Amount
(Thousand
dollars)
(4)
4,012
6,766
4,693
8,380
7,661
5,348
7,054
6,808
3,606
5,031
2,795
8,330
3,622
3,453
2,939
1,405
454
131
102
Earned income in
excess of $900
Number of
returns
(5)
(M
10,584
7,091
(M
(M
(')
(M
(M
26,334
311,101
162,142
2,305,473
692,728
1,612,745
128,557
84,014
44,543
6,572
3,942
(M
(')
(')
(M
18,724
(M
4,051
(M
3,092
(M
4,540
4,051
2,547
3,051
(M
(M
(M
1,685
752
449
422
232
47
15
17
2
3
(TTiouaand
dollara)
(6)
3,534
63,138
40,328
38,634
27,945
10,739
(M
2,845
(')
2,253
5,499
3,580
6,308
3,170
(M
(M
(M
3,327
361
1,126
3,570
2,037
173
226
241
16
1
Base for
credit
( Thousand
dottara)
Tax credit
for retire-
ment income
f Thousand
doitars)
(7)
40,253
(')
3,847
44,100
22,107
21,993
(M
2,636
6,981
11,030
18,401
13,997
19,434
17,717
25,590
19,465
15,696
15,345
7,759
28,832
13,702
11,143
7,453
4,591
937
317
351
60
30
241,733
18,657
48,351
40,932
28,224
20,392
6,828
5,932
5,466
5,322
422,935
266,225
156,710
See text for "Description of Sajrple and Limitations of Data."
^Sample variability of this item is too large to warrant showing it separately.
(8)
391
1,517
2,326
3,989
3,226
3,836
3,708
5,311
3,861
3,537
3,078
1,533
6,091
2,519
2,459
1,557
928
50,323
718
4,344
5,385
3,643
2,339
1,208
760
911
671
20,875
71,193
38,383
32,815
However, this value is included in each total.
INDIVIDUAL INCOME RETURNS FOR 1954
19
Table K.— RETIREMENT INCOME ^ND SPECIAL DEDUCTIONS FOR PERSONS WITH TAX CREDIT FOR RETIREMENT INCOME BY AGE GROUPS AND ADJUSTED GROSS INCOME CLASSES
Adjusted gross income classes
Taxable returns:
$600 under $1,000
$1,000 under $1,500...
$1,500 under $2,000..
$2,000 under $2,500...
$2,500 under $3,000...
$3,000 under $3,500..
$3,500 under $A,000..
$i,000 under $i,500..
$6,500 under $5,000...
$5,000 under $6,000...
$6,000 under $7,000...
$7,000 under $8,000..
$8,000 under $9,000..
$9,000 under $10,000.
$10,000 under $15,000...
$15,000 under $20,000...
$20,000 under $30,000...
$30,000 under $50,000...
$50,000 under $100,000..
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000..
$1,000,000 or more
Total taxable returns.
Nontaxable returns:
No adjusted gross income.
Under $600.-.
$600 under $1,000
$1,000 under $1,500..
$1,500 under $2,000..
$2,000 under $2,500..
$2,500 under $3,000.
$3,000 under $3,500.
$3,500 under $4,000.
$i,000 under $4,500.
$4,500 under $5,000.
$5,000 under $6,000...
$6,000 under $8,000...
$8,000 under $10,000..
$10,000 01* more
Total nontaxable returns.
Grand total
Returns under $5,000...
Returns $5,000 or more.
Number of
persons
with tax
credit for
retirement
income
(1)
16,158
15,62i
26,252
23,782
26,751
24,271
30,386
22,790
19,171
15,692
8,040
32,164
13,668
12,418
8,315
4,728
1,035
362
372
60
29
310,182
19,643
50,346
41,892
25,238
21,362
7,689
5,577
5,070
5,102
Under 65 years of age
Number of
persons
(2)
(')
(M
2,023
4,017
2,000
2,049
6,119
2,040
3,068
5,068
2,523
(')
(M
1,567
412
404
142
75
4,557
7,067
4,568
4,585
(M
(')
183,236
493,418
318,258
175,160
Retirement
income
(Thoutand
dollvra)
(3)
(')
3,616
7,604
3,215
3,176
9,518
6,039
3,157
12,552
3,035
3,072
1,536
1,660
952
1,460
360
327
71,344
5,550
10,290
7,017
7,846
(M
(')
(M
36,676
59,839
43,537
16,302
108,020
69,408
38,612
Base for
credit
(Jhouw»nd
dollars)
(4)
(')
1,950
4,149
1,515
1,696
4,763
1,771
2,082
3,840
2,659
(M
(M
1,386
323
425
145
56
4,397
8,129
4,657
4,669
(M
(M
25,570
Age 65 years or more
Number of
persons
Retirement
income
(Thoutand
dollar!}
6,097
14,135
11,607
24,252
21,733
20,632
22,231
27,318
17,722
16,648
14,175
7,040
30,597
13,256
12,014
8,673
4,653
1,031
359
370
60
29
274,63;
15,086
43,279
37,324
20,653
19,845
7,200
5,577
5,070
4,585
(6)
9,279
18,226
26,470
58,721
58,186
62,108
67,087
103,431
79,551
86,882
94,222
46,401
244,720
140,996
189,536
181,709
186,081
71,596
34,983
54,777
21,079
26,554
1,862,595
17,660
71,520
75,142
62,688
51,307
15,736
12,091
17,099
10,532
1,083
Base for
credit
( Thouaand
doltara)
(7)
1,993
5,031
6,881
16,886
12,301
14,671
15,946
23,508
15,625
13,037
13,641
6,650
27,446
13,379
10,718
7,308
4,535
933
313
350
60
30
211,242
41,708
14,353
274,721
158,858
334,858
2,197,453
623,320
1,574,133
14,260
40,222
36,275
23,555
18,857
6,241
5,932
5,466
4,702
Deductions from the $1,200 limit
Retirement income
excluded from adjusted
gross income
Number of
persons
(8)
4,551
9,601
5,068
12,114
11,652
7,102
8,609
7,597
5,546
6,033
3,051
(M
10,763
4,600
4,251
3,247
1,647
346
143
116
14
(M
10,584
7,591
(M
(M
(')
(M
(M
Amount
( Thouaand
(^)
4,012
6,766
4,693
8,380
7,661
5,848
7,054
6,808
3,606
5,081
2,795
8,380
3,622
3,453
2,939
1,405
454
131
102
14
5
84,742
6,572
3,942
(')
(M
(')
(M
(M
Earned income in
excess of $900
Number of
persons
4,051
(M
3,092
5,557
4,051
4,081
4,051
(M
(M
(M
1,882
858
473
430
211
50
14
17
2
3
3,534
(M
Anvjunt
( Thouaand
doltara)
(11)
(')
2,845
(M
2,253
(M
5,499
3,580
6,308
3,170
(')
(')
(')
3,327
861
1,126
3,570
2,037
173
226
241
16
1
40,253
1,355
(')
(')
(M
224,517
142,352
89,691
18,724
63,138
40,328
30,496
13,589
3,847
44,100
22,107
21,993
See text for "Description of Sample and Limitations of Data. "
^Sample variability of this item is too large to warrant showing
t separately. However, this value is included in each total.
retirement income that could be used in the computation
of i-etirement credit. The tabulations show that the base
for credit was $0.4 billion. This is only 18 percent of
the reported retirement income. The maximum retire-
ment income allowed for computing the credit was $1,200
for each retired person, but this maximum was reduced
by the amount of nontaxable pensions and annuities and
by the earnings in excess of $900. Moreover, this di-
minished limitation was allowed as the base for credit
only where it was less than the retirement income re-
ceived. There were many instaaices in which retirement
income was smaller than the diminished limitation and,
therefore, became the base for credit.
Deductions from the $1,200 limit were $103.5 million
for nontaxable pensions and annuities and $44.1 million
for the excess earned income.
Text table K shows that there were 493,418 persons
who claimed the tax credit for retirement income. Ap-
proximately 20,000 of these individuals were the spouse
of a retired person who also claimed a retirement in-
come tax credit, both being reported on a joint return
of husband and wife. Of the 493,418 persons with re-
tirement credit, 12 percent were under 65 years of age.
Their retirement income was $0.1 billion, less than 5
percent of the total reported. Eighty-eight percent of
the individuals were 65 years of age or over and they
had $2.2 billion of retirement income. However, per-
sons under 65 years, as a group, were able to use 52
percent of their retirement income as the base for credit,
while those 65 years or over were able to use only 17
percent of theirs.
TABULATED DATA
In addition to the specific data tabulated in the text
tables, financial data reported on individual income tax
returns for 1954, relating to income, deductions, and
taxes are tabulated in sixteen basic tables. The first 12
tables and table 15 present information on a national
basis, while tables 13, 14, and 16 present information on
a State basis. Data are distributed by size of adjusted
gross income in 12 of these basic tables, 6 of which show
20
INDIVIDUAL INCOME RETURNS FOR 1954
the taxable and nontaxable returns separately and in
the remaining 6 they are combined. In one basic table,
data are tabulated by size of taxable income, a new
classification. In tables where data from taxable and
nontaxable returns are tabulated together, the data from
nontaxable returns are in the class indicated by the
amount of adjusted gross income reported.
Table 1 shows the number of returns with adjusted
gross income, amounts of adjusted gross income, tax-
able income, and income tax liability after credits, tab-
ulated by adjusted gross income classes, as well as cum-
ulations at every income class level from the lowest class
and from the highest class, together with corresponding
percentages of the total. In these distributions, taxable
and nontaxable returns with adjusted gross income are
combined, but nontaxable returns with no adjusted gross
income are shown in aggregate, apart from the returns
with income.
In table 2, the amounts of income and loss from each
of the sources comprising adjusted gross income are
shown as reported on returns with standard deduction
and with itemized deductions. For returns with item-
ized deductions, these items are subdivided between re-
turns with adjusted gross income and returns with no
adjusted gross income, and the amount of each nonbusi-
ness deduction is given for both categories of returns.
These items include the combined taxable and nontax-
able data.
Table 3 contains the sources of income and loss com-
prising adjusted gross income for all returns and the
nonbusiness deductions reported on returns with item-
ized deductions. These items are combined for taxable
and nontaxable returns and are distributed by adjusted
gross income classes, the intervals of which are broader
in some instances than in other basic tables.
Table 4 presents, by adjusted gross income classes, the
amount of each source of income and loss comprising
adjusted gross income, as well as exemptions, taxable in-
come, income tax before credits, tax credits, income tax
liability after credits, and items pertaining to taxpay-
ments. In addition to the amounts, there are frequen-
cies for these items where pertinent. Part I of this
table includes data for all returns; Part II shows these
data for joint returns only; and Part III has similar
data for returns other than joint returns. Tiiroughout
the table, taxable and nontaxable returns are shown
independently.
Table 5 includes data for returns with itemized non-
business deduction only, tabulated separately for taxable
and nontaxable returns, each by adjusted gross income
classes. These data embrace the number of returns,
amount of adjusted gross income, the various itemized
deductions, exemptions, taxable income, income tax be-
fore credits, tax credits, and income tax liability after
credits, together with appropriate frequencies.
In table 6, there is a distribution of the number of
returns by adjusted gross income classes, cross classified
by size of a specified source of income or loss reported
in adjusted gross income. Most of the sources are in-
cluded in this cross classification, however, frequencies
for net operating loss deduction and fiduciary loss are
not available. Taxable and nontaxable returns are com-
bined and certain of the adjusted gross income classes
are merged.
Table 7 has a distribution of the number of returns
by adjusted gross income classes, cross classified by the
size of specified itemized deductions. Only four de-
ductions— contributions, interest paid, taxes, and medi-
cal expenses — are included in this tabulation. Taxable
and nontaxable returns are combined and the adjusted
gross income classes are the same as those in table 6.
Table 8 shows data tabulated by a new classification
based on the amount of taxable income. In this table,
there are the number of returns with taxable income,
the amount of taxable income, total tax credits, divi-
dend received credit, retirement income credit, normal
tax and surtax, and alternative tax, both taxes being
after credits. Because different tax rates, depending on
the marital status of taxpayer, are applied to taxable
income, the tabulation of these data are set in three
parts, each signifying an applicable tax rate. Part I is
for joint returns and returns of surviving spouse, both
of which are entitled to split-income. The taxable in-
come class intervals correspond to the brackets of the
graduated rate schedule used for such returns. Part II
is for separate returns of husbands and wives and re-
turns of single pereons not head of household or sur-
viving spouse, both of which use the regular tax rates.
The taxable income class intervals correspond to the
brackets of that graduated rate schedule. Part III is for
returns of heads of houseliold entitled to use the rates
provided for this status. The taxable income class inter-
vals in this part correspond to the bracket of that gradu-
ated rate schedule. In each part, taxable and nontaxable
returns are shown separately. Taxable income was me-
chanically computed for short-form returns. Form 1040,
and for returns. Form 1040A, so that all returns with a
positive amount of taxable income were included in this
table whether or not tlie amount was reported by the
taxpayer.
Table 9 contains data from taxable returns only and
shows the number of returns with income tax, amount
of adjusted gross income, taxable income, income tax
liability after credits, average income tax per return,
and effective income tax rate based on taxable income.
All these data are distributed by adjusted gross income
classes for all taxable returns, for returns with normal
tax and surtax, and for returns with alternative tax.
In table 10, tlie number of returns, amount of ad-
justed gross income, exemptions, taxable income, and in-
come tax liability after credits are shown for all re-
turns and for returns in each of the five categories in
the classification for martial status of taxpayer. These
items are tabulated by adjusted gross income classes for
taxable returns and for nontaxable returns.
INDIVIDUAL INCOME RETURNS FOR 1954
21
Table 11 gives an analysis of the personal exemptions
claimed by tlie taxpayer. Here are the total number of
exemptions claimed, the number of additional exemp-
tions claimed for age and blindness, and the number of
exemptions otiier than age and blindness, tliat is, the per
capita exemption for the taxpayer, his spouse on a joint
return, and his dependents. In addition, there is a fre-
quency distribution of returns by specified numbers of
exemptions other than age or blindness (per capita).
These data are distributed by size of adjusted gross in-
come, separately for taxable and nontaxable returns, for
each of the five categories in the classification for marital
status of taxpayer.
Data in table 12 pertain to tiie details making up the
net gain and net loss from sales of capital assets included
in adjusted gross income. Because of the different treat-
ment for capital gain and for capital loss, details from
returns with a deduction on account of a capital loss are
shown apart from details from returns with a capital
gain. Returns with a capital loss are subject to normal
tax and surtax, but returns with a capital gain are sub-
ject to the alternative tax under certain circumstances.
Therefore, the latter returns are segregated in the tabu-
lation to show details for capital gain subject to normal
tax and surtax apart from details for capital gain sub-
ject to alternative tax. In each breakdown, there are
the amounts of net short-term capital gain and loss
(after carryover), net long-term capital gain and loss,
and capital loss carryover from the 5 preceding years.
Other data include capital loss before statutory limita-
tion regarding the deductible loss, amount of capital loss
deducted from gross income, capital gain included in
adjusted gross income, and the entire excess of net long-
term capital gain over net short-term capital loss which
was taxed at the special rate of 25 percent. All these
data are shown separately for taxable and nontaxable
returns, by adjusted gross income classes.
Table 13 presents in aggregate for each State and
Territory certain sources of income, adjusted gross in-
come, and income tax liability after credits reported on
returns with adjusted gross income. These data are for
taxable and nontaxable returns combined. For the first
time, Puerto Rico is a separate entity in the State and
Territoi-y classification. The sources of income tabu-
lated by States iiave been expanded this year to in-
clude the combined business net profit and loss, the
combined partnership net profit and loss, the combined
net gain and loss from sales of capital assets, and the
combined rents and royalties net income and loss, in
addition to the amounts of salaries and wages, dividends,
and interest, which were the only items of income for-
merly tabulated. A frequency of the number of returns
for each source presented is also shown.
In table 14, the number of returns, amount of adjusted
gross income, and income tax liability after credits,
reported on returns with adjusted gross income, are
tabulated for each State and Territory, by adjusted
gross income classes established especially for this table.
which differ somewhat from those used elsewhere for
national distributions. Taxable and nontaxable returns
are combined in tliis tabulation.
Table 15 shows information taken from returns. Form
1040, that had a self-employment tax reported by the
taxpayer. This information is presented on a national
basis by adjusted gross income classes without regard to
the income tax status. The number of returns with self-
employment tax, amount of adjusted gross income on
these returns, and the self-employment tax are shown
for all returns with this tax. In addition, the returns
which had self-employment tax without an income tax,
although included in the distribution for all returns
with self-employment tax, are also shown by tliemselves.
Table 16 presents data from returns, Form 1040, with
adjusted gross income and with self-employment tax.
These data include the number of returns with self-
employment tax, amount of adjusted gross income, and
self-employment tax, distributed on a State basis. No
self -employment tax was reported on returns filed by
citizens residing in Puerto Rico. Returns, Form 1040
P. R., filed by Puerto Ricans for self-employment tax
purposes were not processed for statistics.
DESCRIPTION OF THE SAMPLE AND
LIMITATIONS OF DATA
The data presented for individual income tax returns
for 1954 are based on a stratified systematic sample con-
sisting of 100 percent of returns showing adjusted gross
income of $150,000 or more and of various lesser per-
centages of returns showing adjusted gross income un-
der $150,000. More than 240,000 returns were selected
in 64 district directors' offices. These represented about
0.4 percent of the total population of 56.8 million in-
dividual returns filed throughout the country.
Description of the sample. — Table L shows the num-
ber of returns processed, the number of returns in the
sample, the prescribed sampling ratio, and the achieved
sampling ratio, by estimating strata. The difference
between the prescribed sampling ratio, and the achieved
sampling ratio arises from three sources: incomplete
numbering series, nonresponse, and the normal variation
between expected sample size and actual sample size.
In addition to the stratification imposed by selecting
returns from each internal revenue district, the sample
selection was adapted to the regular return sorting pro-
cedures which are employed in the district offices to fa-
Tsble L.— NUMBER OF INDIVIDllAL INCOME TAX RETURNS PROCESSED FOR 1964, NUMBER
OF RETURNS IN SAMPLE, AND SAMPLE RATIOS, BV ESTIMATING STRATUM
Sample stratum
Number of
returns
processed
Number of
returns
in sample
Sample ratios
Form
Adjusted gross income
lype of return
Prescribed
Achieved
13,273,525
41,456,390
1 1,914,376
1 161,777
7,130
26,204
82,663
79,304
45,175
7,130
1/500
1/489
1/23
9/30
1/1
/Under $10,000
All
Business ....
Nonbusiness .
Business
Nonbusiness .
All
1/502
1040
($10,000 under $30,000.
) $10,000 under $50,000.
\$30,000 under $150,000
/$50,000 under $150,000
\ $150,000 and over
l/S-i
9/32
1/1
56,818,198
240,476
-
22
INDIVIDUAL INCOME RETURNS FOR 1954
cilitate collection and audit requirements. Returns are
sorted on the basis of type of form, kind of schedules
attached, size of adjusted gross income, and taxpayment
status, as reported by the taxpayer. These sorts con-
stituted effective sampling strata because the character-
istics on which the strata are based correlate highly
with income and tax characteristics.
Inflating sample values to population size.— The
sample values were extended to the returns they repre-
sented by multiplying them by "weighting factors."
These weighting factors were derived for each class of
return by dividing the number of sample returns into
the total number of returns filed. For instance, the
weighting factor of 507 for Form 1040A returns was
obtained by dividing the number of returns in the sam-
ple, 26,204, into the total number of returns filed, 13,-
278,525. The primary sources of population data were
counts made and submitted by the district offices show-
ing the numbers of Form 1040A and Form 1040 re-
turns processed.
In comparing the weighted sample numbers of re-
turns with the figures presented as national totals for
similar classes of returns, slight discrepancies will be
noted. As shown in table M, the discrepancies i-esult
from the elimination of certain returns and the reclass-
ification of others in preparing the tables.
Table M.— SOURCES OF DEVUTION BETWEEN WEIGHTED SAMPLE NUMBER OF RETURNS AND
NUMBER OF RETURNS APPEARING IN TABLES FOR 1954
Number of returns
Deviation
from
weighted
sajnple
Source of deviation
Adjusted gross income
class
National
totals
Weighted
sample
Returns
with no
informa-
tion'
Misclas-
slfied
returns
Under $10,000
54,617,989
2,121,937
7,082
54,734,915
2,076,153
7,130
-116,926
+45,784
-48
-70,701
-489
0
-46,225
$10,000 under $150,000..
$150,000 and over
-(46,273
-48
All classes
56,747,008
56,818,198
-71,190
-71,190
0
'These figures are estimated from sample returns filed with the Internal Revenue
Service but which contain no Information on income . They are in the population of re-
turns sampled but are excluded from tabulations.
Separate systems of weighting were used for the na-
tional tabulations and for the State tabulations. The
weights for the national tabulations were derived from
nationwide populations obtained by adding the popu-
lations reported by the district directors' offices. The
separate district office populations were used to derive
the independent district office weights for the State tab-
ulations. Achieved sampling rates varied sufficiently
among districts to warrant using two separate systems
of weights.
As a result of using two weighting systems and
rounded weighting factors, there exist slight discrep-
ancies between items in tables showing distributions by
States and corresponding items shown in the national
tables.
Sampling variability. — The data from returns witii
adjusted gross income of $150,000 or more are not sub-
ject to sampling variability since all such returns were
included in the sample. However, the estimates which
include data from returns with adjusted gross income
of less than $150,000 are subject to sampling variability.
Table N below shows the range within which we would
expect to find 1!) out of 20 estimates prepared from
samples similarly selected. In the preparation of this
table, it was assumed that systematic selection within
strata would yield results equivalent to simple random
sampling. For instance, if data from returns showing
adjusted gross income of under $10,000 reveal 500,000
returns having a certain characteristic, the chances are
19 out of 20 that the difference between this figure and
the one that would have been obtained from a complete
count is less than 31,530.
Table N.— SAMPLING VARIABILITI' OF ESTIMATED NUMBER OF RETURNS
If the estimated number of returns is-
1,000
5,000
25,000
50,000
100,000...
500,000...
1,000,000.
5,000,000.
And if the adjusted gross income class of
returns to which the estimate refers is —
Under $10,000
$10,000 under $50,000 under
$50,000 $150,000
Then the chances are about 19 out of 20
that the difference between this estimated
number of returns and the figure that would
be obtained from a count of all returns is
less than —
3,160
7,080
10,010
14,150
31,530
44,390
95,490
280
630
1,410
1,980
2,770
5,480
6,280
100
230
460
560
'Sample is not large enough to give reliable estimate of the sampling variability
for this item.
A general table of sampling variability for estimates
that are based on returns from the several strata is not
practical to prepare because of the large number of
entries in the tables. The sampling variability for the
value in each such cell must be estimated individually.
It is reasonable to assume that the estimates of ad-
justed gross income by class are subject to less relative
sampling variability than are the associated frequencies.
Since other money amounts are closely related to or de-
pendent on adjusted gross income, it may be confidently
assumed that these too are subject to less sampling vari-
ability. Presented in table O are selected aggregate
money amounts together with the range in percent that
would include 19 out of 20 estimates prepared from sim-
ilarly selected samples.
Table O.-RELATIVE SAMPLING VARIABILITY OF ESTIMATED ADJUSTED GROSS INCOME
AGGREGATES FOJi SELECTED CLASSES OF RETURNS
Adjusted gross income class
Under $10,000
$10,000 under $50,000.
$50,000 under $150,000
$150,000 and over
All classes
Estimated adjusted
gross income
aggregate
(Thoua^nd dollars)
188,190,533
33,829,629
6,047,527
2,168,166
230,235,855
Estimated relative
sampling varia-
bility in percent
0.35
0.19
0.25
0.00
0.29
Deletion of certain entries.— Throughout the tables
the policy has been followed of deleting where possible
those entries where the estinuited relative error trace-
able to sampling variability was judged to be excessive.
These cells are appropriately noted in each instance
where this deletion has occurred.
INDIVIDUAL INCOME RETURNS FOR 1954
23
Other limitations of the data. — In iiddition to sam-
pling variability, the data are subject to certain other
limitations. The data do not reflect changes that re-
sulted from the audit program aflfecting Form 10-10 and
1040A for 1954. In addition, controls maintained over
the selection and processing of the returns used in com-
piling the data do not completely eliminate the possibil-
ity of error. Practical operating considerations neces-
sitate allowance of reasonable tolerances in processing
controls.
EXPLANATION OF CLASSIFICATIONS
AND TERMS
Classifications for Individual Returns
For the tabulations in this report, individual returns
were classified by size of adjusted gross income, by size
of taxable income, by size of certain sources of income
and deductions, as standard or itemized deductions re-
turns, as taxable or nontaxable for income tax, by types
of tax, by marital status of taxpayer, by number of
exemptions other than age and blindness, and by States
and Territories.
Adjusted gross income classes. — The amount of ad-
justed gross income reported by the taxpayer was the
basis for this classification. AVith one exception, the
class intervals remain the same as last year. This year,
the class $100,000 under $200,000 was subdivided into
two classes: $100,(X)0 under $150,000, and $150,000 under
$200,000. Returns with an adjusted gross deficit, what-
ever the amount, and returns with a breakeven in ad-
justed gross income are designated "No adjusted gross
income" and appear as a separate class. Returns with
no information on them were not used for statistics. In
tables where the taxable and nontaxable returns are
combined, the nontaxable returns are included in the ad-
justed gross income class corresponding to the amount
of adjusted gross income reported, without regard to
the class interval into which nontaxable returns are
grouped when shown separately.
Taxable and nontaxable returns. — This classification
was based on the presence or absence of an income tax
liability after credits. This is a departure from the tax
status classification for the years 1951 through 1953 in
that the current basis included only the income tax, and
disregarded the self-employment tax.
Taxable returns are those which showed an income
tax liability remaining after the five tax credits allowed
for dividends received, for retirement income, for for-
eign taxes paid, for tax paid at source, and for partially
, tax-exempt interest. The last three tax credits were al-
lowed only to taxpayers who itemized their nonbusiness
deductions.
Nontaxable returns are returns with no income tax
liability after credits. Nontaxable returns may have
had an income tax before credits, in which case the tax
credits were sufficient to eliminate the original tax.
Returns with standard deduction or with itemized
deductions. — Returns classified as returns with standard
deduction were card-form returns. Form 1040A, and
short-form returns. Form 1040, on both of which the
adjusted gross income wtvs less than $5,000 and standard
deduction was automatically allowed through use of the
optional tax table; and the long- form returns, Form
1040, with adjusted gross income of $5,000 or more on
which the optional standard deduction was elected by
the taxpayer.
Returns classified as returns witli itemized deductions
were long-form returns. Form 1040, on which nonbusi-
ness deductions allowed against adjusted gross income
were reported in detail by the taxpayer, or on which no
deductions (standard or itemized) were taken, and all
returns with a deficit or a breakeven in adjusted gross
income whether long-form or short-form returns.
Size of income or deduction. — For the purpose of a
frequency distribution of significant items, the returns
were segregated according to the size of specified sources
of income or loss comprising adjusted gross income and
the size of certain itemized deductions. The class inter-
vals are narrow providing adequate classifications of
small items of income or deduction.
Taxable income classes. — The amount of taxable in-
come, which is the tax base, supplied the basis for this
size classification. Taxable income was reported by the
taxpayer on long-form returns. Form 1040, but was
mechanically computed for returns, Form 1040A, and
for short-form returns. Form 1040, on which the taxable
income was not reported. This made it possible to
classify all individual returns by taxable income classes.
Returns with no taxable income are so designated. The
class intervals coincide with the taxable income brackets
of the three income tax rate schedules applying to (1)
joint returns and returns of surviving spouse, (2) sepa-
rate returns of husbands and wives and of single
persons not head of household or surviving spouse, and
(3) heads of liousehold. There are 24 income brackets
in the first two groups and 26 brackets in the third
group, each group having its distinct class intervals.
Marital status. — Classification of returns for marital
status of taxpayer was based on the marital status in-
dicated by the taxpayer. The Code provides that the
marital status be determined at the close of the tax year
or on the date of the death of a spouse. The five clas-
sifications are: joint returns of husbands and wives,
separate returns of husbands and wives, returns of heads
of household, returns of surviving spouse, and returns
of other single persons. When using data tabulated by
marital status, the user should first read the discussion
under Marital Status of Taxpayer, on page 11.
Joint returns of husbands and wives are those on
which a married couple reported their combined income,
or returns of a married person whose spouse had no
income but who, nevei-theless, was entitled to claim ex-
emption for the spouse. Tliis group includes joint re-
turns filed on Form 1040A even though the district
24
INDIVIDUAL INCOME RETURNS FOR 1954
director may have determined the minimum tax on the
basis of separate incomes of husband and wife, on some
of these returns.
Separate returns of husbands and wives are returns
of married persons who filed a return independently
from their spouse, each reporting his or her respective
income and claiming his own exemptions. Returns
showing divided community income were classified as
separate returns of husbands and wives. This group
does not include joint returns, Forai 1040A, even though
the district director determined the minimum tax on
the basis of separate incomes of husband and wife.
Returns of heads of household are returns, Form
1040, filed by individuals who indicated on the face of
their returns that they claimed this status. The Code
specifies head of household as an unmarried person who
furnished over half the maintenance of a home which
was his residence and which he shared during the entire
year with any related person for whom he was entitled
to the exemption (except multiple support), or with
his unmarried child, stepchild, or grandchild even
thougli such child was not a dependent, or who paid
more than half the cost of maintaining a household
which w^as the principal abode of his parents, either of
whom qualified as a dependent.
Returns of surviving spouse are returns. Form 1040,
filed by a widow or widower who signified this marital
status on the face of his return. The Code defines a
surviving spouse as a taxpayer whose spouse died during
either of 2 previous years and who had not remarried,
but who had maintained as his home a household which
was also the principal abode of a child or stepchild for
whom the taxpayer was entitled to the deduction for
personal exemption.
Returns of single persons are returns of unmarried
individuals who did not claim status as head of house-
hold or as surviving spouse.
Number of exemptions other than age and blind-
ness.— For a frequency distribution of returns by num-
ber of exemptions, only the per capita exemption of
the taxpayer, his spouse on a joint return, and each
dependent was utilized. This maintained the same basis
for this distribution that was used in previous years.
There is a class for each of 1 through 5 exemptions and
for 6 or more exemptions for all returns and for joint
returns; and a class for each of 1 through 3 exemptions
and for 4 or more exemptions for separate returns of
husbands and wives, for returns of heads of household,
for returns of surviving spouse, and for returns of single
persons not head of household or surviving spouse.
Types of tax. — Returns were recognized as having two
kinds of income tax, that is, the combined normal tax
and surtax or the alternative tax, and as having an un-
related self-employment tax.
Normal tax and surtax was computed at tlie regular
rates and occurred on all types of returns. This tax
includes the optional tax paid in lieu thereof. Normal
tax and surtax applied to all kinds of income as well as
to the capital gain or loss from sales of capital assets
unless the alternative tax was imposed in regard to the
capital gain.
Alternative tax occurred on returns with taxable in-
come above $18,000 which included a net long-term cap-
ital gain or an excess of net long-term capital gain over
net short-term capital loss, but only if the alternative
tax was less than the regular normal tax and surtax
computed on taxable income containing capital gain
subject to normal tax and surtax.
Self-employment tax was imposed on the self-employ-
ment income of individuals owning and operating a
business that conformed to the statutory definition of
trade or business for self-employment tax purposes.
States and Territories. — This classification consists
of the 48 States, Hawaii, District of Columbia, and
Puerto Rico, determined by the location of the internal
revenue district in which the return was filed, except
that for the District of Columbia and Puerto Rico, the
geographic location was determined from the address of
the taxpayer. Internal revenue districts, or groups of
such districts, are coextensive with States and Terri-
tories, with the exceptions that the District of Colum-
bia is a part of the Baltimore (Md.) district, Puerto
Rico and Virgin Islands are a part of the Lower Man-
hattan (N. Y.) district, Alaska is a part of the Seattle
(Wash.) district, and Canal Zone is a part of the Jack-
sonville (Fla.) district.
Sources Comprising Adjusted Gross Income
On returns. Form 1040, where the taxpayer reported
income attributable to several tax years and filed his re-
turn under provisions of Subchapter Q, Part I, of the
1954 Code, the amount of income tabulated is only that
portion of income pertaining to the current year.
Such income originates from back pay, created inven-
tions or artistic works, and compensation for long term
services either as an individual or as a partner, if the
fee or compensation therefor was received in 1 year
but the work was performed over a period of time in-
cluding prior tax years. In general, the provisions for
taxing such income have the effect of including the
income ratably over the period in which it was earned.
Therefore, only the portion of salaries, business, part-
nership, or other income allocated to the current year
was tabulated for these sources in current statistics.
The descriptions given below relate to items reported
under the 1954 provisions.
Salaries and wages (after exclusions) are the
amounts of compensation included in adjusted gross in-
come, except wages reported in other income on Form
1040A. Salaries and wages after exclusions are exclu-
sive of amounts received as wages or, in place of wages,
under a wage continuation plan for the period during
which the employee was absent from work on account
of sickness or personal injury. Generally, the exclu-
sion was limited to $100 per week, but was reported on
INDIVIDUAL INCOME RETURNS FOR 1954
25
all types of returns. Total salaries and wages, that is
before exclusions for sick pay, included bonuses, tips,
commissions, and other kinds of compensation received
by the employee for services rendered. Amounts paid
to the employee by his employer to cover expenses in-
curred in connection with the employer's business were
included as income from wages. On Form 1040, travel
and lodging expenses incurred while away from home
overnight and transportation expenses were deducted
before reporting the total salary and wages, while ex-
penses other than travel and transportation were de-
ducted only to the extent that reimbursed expenses were
included in wages. Also, outside salesmen deducted all
ordinary and necessary business expenses from their
compensation before entering total salary.
Dividends (after exclusions) included in adjusted
gross income are those reported on Form 1040 but ex-
clude up to $50 of domestic dividends qualifying for
the exclusion, which were received by each taxpayer, or
up to $100 on joint returns if both husband and wife
received such dividends. Dividends repoi-ted included
foreign and domestic dividends received directly, and
dividends qualifying for the exclusion received through
partnerships and fiduciaries, but excluded the so-called
dividends from mutual savings banks, cooperative
banks, domestic building and loan associations, domes-
tic savings and loan associations, and Federal savings
and loan associations, which tlie taxpayer was instructed
to report as interest income. This is the first year in
which any part of the dividends received through part-
nerships and fiduciaries have been reported in this
source. Formerly, all dividends received through these
entities were left in the income from partnerships or
from estates and trusts.
Interest received is that reported on Form 1040; it
includes interest on bonds, debentures, notes, mortgages,
bank deposits, savings accounts, loans, and tax-free cov-
enant bonds, together with the partially tax-exempt in-
terest. The partially tax-exempt interest includes that
received through partnerships and fiduciaries. Accord-
ing to the instructions on the return, the so-called div-
idends mentioned in the previous paragrapli were to be
reported as interest income.
Business or professional net profit or net loss was
reported by individuals who were sole proprietors of a
business, farm, or profession. If a taxpayer had more
than one sole proprietorship activity during the year,
the single amount of net profit or net loss reported in
adjusted gross income represented a combination of the
profits and losses from all of liis business activities.
Business expenses deductible from total receipts from
business activities included such items as cost of goods
sold, salaries and wages to employees, interest on busi-
ness debts, taxes on business and business property, bad
debts arising from sales or service, depreciation and ob-
solescence, dei)letion, casualty losses on business prop-
erty, rent, repairs, supplies, advertising, selling expenses,
insurance, and other expenses of running tlie business.
Compensation of the sole proprietor was not allowed
as a business deduction and the net operating loss deduc-
tion was not reported among the business deductions.
Partnership net profit or net loss was reported by
individuals who were members of a partnership, syndi-
cate, joint venture, or the like. If the taxpayer was a
member of more than one partnership during the year,
the single amount of partnership net profit or net loss
reported in adjusted gross income represented a combi-
nation of the ordinary net income or loss from all of
his partnership shares (whether or not actually re-
ceived). In reporting the net profit or the net loss from
partnershij), however, the taxpayer was reqiiired to ex-
clude his share of partially tax-exempt interest, of divi-
dends qualifying for the exclusion, and of net short- and
long-term capital gain or loss and to report them in
their respective sources.
Net operating loss deduction relates to net ojjerating
losses sustained in business or partnership after Decem-
ber 31, 1949, and losses suffered from fire, storm, or other
casualty, or from theft after December 31, 1950, but
prior to 1954. The deduction claimed in the current
year represented the portion of such losses which had
not been absorbed by the required carrybacks and carry-
overs applied to the net income of prior years.
Net gain from sales of capital assets included in ad-
justed gross income is the amount of gain from sales or
e?ichanges of properties that were treated as capital as-
sets. It was a combination of net short-term capital
gain or loss (including the capital loss carryover from
1949-53) and 100 percent of the net long-term capital
gain or loss. If the net long-term capital gain exceeded
the net short-term capital loss, only 50 percent of the
excess gain was included in adjusted gross income. If
the net short-term capital gain exceeded the net long-
term capital loss, then the entire excess short-term gain
was included in adjusted gross income. In making this
combination, net short- and long-term capital gain or
loss from partnerships and net short- and long-term
capital gain from fiduciaries were included. This is the
first year in which capital gain from fiduciaries has been
reported in this source of income.
Net loss from sales of capital assets reported as a
component of adjusted gross income is the deductible
loss resulting from sales or exchanges of properties that
were treated as capital assets. In determining the deduc-
tible loss, all short-term capital gains and losses (in-
cluding the capital loss carryover from 1949-53) and 100
percent of all long-term gains and losses were merged,
and the excess capital loss was allowed to the extent of
(a) capital loss, (b) taxable income (adjusted gross in-
come, if tax was determined from tax table) computed
without regai-d to capital gains and losses and the deduc-
tion for exemptions, or (c) $1,000, whichever was small-
est. In the determination of tlie excess capital loss, net
short- and long-term capital gain or loss from partner-
ships and net short- and long-term capital gain from
fiduciaries were included. Heretofore, capital gain
26
INDIVIDUAL INCOME RETURNS FOR 1954
from fiduciaries was not included. The excess capital
loss not deductible in the current year may be carried
into each of 5 succeeding years as a short-term capital
loss until it has been eliminated by capital gains or
through the capital loss deduction allowed in computing
adjusted gross income.
Short term applies to gains and losses from sales of
capital assets held 6 months or less. Such gains and
losses, together with the capital loss carryover, are
merged to obtain the net short-term capital gain or loss.
In this merger, the net short-term capital gain or loss
from partnerships and the net short-term capital gain
from fiduciaries are also included.
Long term applies to gains and losses from sales of
property treated as capital assets but held more than 6
months. These gains and losses are taken into account
at 100 percent. Long-term capital gains and losses to-
gether with net long-term capital gain or loss received
through partnerships and net long-term capital gain
received from fiduciaries are merged to determine the
net long-tei-m capital gain or loss.
Capital loss carryover from 1949-53 is the remaining
portion of net capital loss sustained in those years but
which the taxpayer had not yet been able to eliminate
through his capital gains or the $1,000 deduction al-
lowed for capital losses in computing his adjusted gross
income, in years subsequent to the year in which the
capital loss arose. This carryover was reported with
and treated as a current year, short-term capital loss
by the taxpayer.
Net loss from sales of capital assets before limita-
tion is the entire net loss from sales or exchanges of prop-
erty treated as capital assets and reported on returns
showing a capital loss deduction from gross income on
account of this loss. It is a combination of the net
short-term capital gain or loss including the capital loss
can-yover and the net long-term capital gain or loss,
without regard to the statutory limitation on the allow-
able deduction.
Net long-term capital gain in excess of net short-
term capital loss is the entire amount of this excess
occurring on returns with the alternative tax; it is not
the amount included in adjusted gross income. This
excess long-term capital gain is the amount to which the
special rate of 25 percent is applied in computing the
alternative tax.
Net gain or loss from property other than capital
assets is that from sales or exchanges of property which
was not treated as a capital asset. Unlike the excess
net long-term capital gain above, all of this type of net
gain was included in adjusted gross income. Also, a
net loss of this type was wholly deducted in computing
adjusted gross income.
Annuities and pensions included in adjusted gross in-
come are only the taxable portion of amounts received
within the tax year. The full amount of a pension or
annuity received by a retired employee who contributed
nothing toward the cost was taxable. In cases where
the annuitant contributed to the cost, new methods were
provided for computing the taxable amount to be re-
ported, each depending upon the type of pension or
annuity but, in general, provision was made to exclude
a portion of the receipts as recovery of cost.
Rents and royalties were reported in a single schedule
on the income tax return. Therefore, the annual net
income or net loss which was available represented a
combination of the net income and net loss from both
types of investment. Rents included not only rents
from real estate but also amounts received from renting
any kind of property, and included the fair market
value of crops received as rent from farm property.
Royalties included revenue from copyrights, patents,
trademarks, formulas, natural resources under lease, and
the like. Deductions against the gross income received
from these investments were claimed for maintenance,
insurance, repairs, interest, taxes, depreciation, deple-
tion, and other expenses pertaining to the respective
income.
Income or loss from estates and trusts is the tax-
payer's share of fiduciary income from an estate or trust
under which he was a beneficiary. Fiduciary income
includes amounts required to be distributed, and
amounts credited to the beneficiary's account whether ac-
tually received or not, as well as amounts paid to the
beneficiary. Income from estates and trusts was re-
duced by the taxpayer's share of depreciation. Capital
gain, dividends qualifying for the exclusion, and par-
tially tax-exempt interests were excluded and reported ^
in their respective source. A loss from estates and '
trusts was disti-ibuted to a beneficiary only upon ter-
mination of a trust or an estate which had a net operating
loss carryover, or a capital loss carryover, or for its
last tax year had deductions (other than exemption and
charitable deduction) in excess of gross income.
Other sources of income include alimony received,
prizes, awards, sweepstakes winnings, gambling profits,
recovery of bad debts and taxes deducted in a prior year,
insurance received as reimbursement of medical expenses
previously deducted, and any other item of income not
separately reported. Also there was included a total of
$22,912,000 which consisted of wages not subject to in-
come tax witliholding, dividends after exclusions, and
interest, not exceeding $100 per return, reported in one
sum as other income on 431,819 returns. Form 1040A.
Itemized Nonbusiness Deductions
The descriptions of itemized deductions which follow
are confined to the nonbusiness deductions permitted
under the 1954 Code as a deduction from adjusted
gross income.
Contributions consist of gifts to organizations created
in the United States or its possessions, or under our
laws and operated for religious, charitable, scientific,
literary, or educational purposes exclusively, or for the
prevention of cruelty to children or animals; and gifts
INDIVIDUAL INCOME RETURNS FOR 1954
27
made to veterans' organizations or to governmental agen-
cies whicli use the gifts for public purposes. Persons
who were members of a partnership included their pro
rata share of contributions made by their partnership.
In general, the deduction may not exceed 20 percent of
adjusted gross income, but under the new Code, there is
allowed an additional deduction up to 10 percent of ad-
justed gross income for contributions made to churches,
tax-exempt hospitals and tax-exempt educational institu-
tions. So it was possible to have a deduction equal to
30 percent of adjusted gross income. Also, tliere is an
unlimited deduction if, in the current year and in 8 of
the 10 preceding years, the amount of contributions plus
the amount of income tax paid during sucli year (in
respect to such year or preceding years) exceeds 90 per-
cent of taxable income for the respective year, computed
with modifications.
Interest paid is that paid on personal debts, mortgages,
bank loans, and installment purchases of real or personal
property, but does not include interest on money bor-
rowed to buy tax-exempt securities or single-premium
life insurance and endowment contracts; neitiier does it
include interest relating to rents, royalty, or business
income which was reported in those schedules.
Taxes paid include personal property taxes. State in-
come taxes, certain State and local retail sales taxes,
State gasoline taxes and automobile license fees, taxes
paid to a foreign country or possession of the United
States unless a foreign tax credit was claimed, and real
estate taxes except those levied for improvements that
tended to increase the value of the property. Federal
taxes were not deductible. Taxes paid on business prop-
erty were repoi-ted in the rent and business schedules.
Medical and dental expenses are allowed as a deduc-
tion from adjusted gross income with limitations. Ex-
penditures considered for this deduction were the actual
amounts paid during the tax year for the care of the
taxpayer, his spouse, and any dependent who received
over one-half of his support from the taxpayer regard-
less of the dependent's gross income. Such expenses in-
cluded payments to physicians, surgeons, dentists, nurses,
hospitals, oculists, chiropractors, and osteopatlis, as well
as X-rays, tlierapy treatments, dentures, crutches, hear-
ing aids, and the like. Amounts paid for medicines and
drugs could be included only to the extent of 1 percent
of adjusted gross income under the new law. However,
the allowable deduction was liberalized in that medical
costs in excess of 3 percent (formerly 5 percent) of ad-
justed gross income were allowed. Any sick and health
insurance or hospital coverage received was subtracted
from the total medical expenses, after which the deduc-
tion was allowed if within the limitations. If neither
the taxpayer nor his spouse had attained the age of 65,
the deductible medical expenses for botii, including those
for their dependents, were that portion of such expenses
which exceeded an amount equal to 3 percent of adjusted
gross income. If either the taxpayer or his spouse was
65 years of age or over before the close of the tax year.
the deductible expenses for both were not restricted to
the excess over 3 percent of adjusted gross income; and
the entire medical expenses for both together witii medi-
cal expenses for their dependents in excess of 3 percent
of the adjusted gross income constituted their deductible
expenses. However, the maximum deduction allowed in
any case was limited to $2,500 nniltiplied by the number
of allowable exemptions other than age and blindness,
but could not exceed $10,000 for husband and wife filing
jointly, for a head of household, or for a surviving
spouse, nor could it exceed $5,000 for a single person, or
for married persons filing separate returns.
Child care is a deduction provided under the new Code,
for working women and widowers. The deduction was
allowed on account of expenses for the care of a depend-
ent child or stepchild under 12 years of age, or of any
dependent who was physically or mentally incapable
of caring for himself, while tiie taxpayer was em-
ployed. The deduction was limited to $600, regardless
of the amount of expense incurred. In the case of a
working wife, the deduction was allowed only if (1)
she filed a joint return with her liusband, and (2) their
combined adjusted gross income was less than $5,100
(unless the husband was incapable of self-support.)
This second limitation for a working wife resulted from
the provision that the maximum allowable deduction of
$600 is reduced by the amount of adjusted gross income
in excess of $4,500.
Losses from fire, storm, or other casualty, or theft
reported as a deduction are the net losses on nonbusiness
property resulting from destruction by fire, storm, au-
tomobile accident, shipwreck, flood, or other natural
physical forces, and from losses due to theft. The de-
duction was limited to the net loss sustained, that is, the
value of property just before the loss less salvage value
and insurance or other reimbursement received.
Other deductions include ail other authorized non-
business deductions not separately reported, such as ali-
mony and separate maintenance payments, expenses in-
curred in the collection of taxable income or for the man-
agement, conservation, or maintenance of property held
for the production of taxable income, taxpayer's share
of interest and taxes paid by a cooperative apartment
corporation, gambling losses not in excess of winnings
reported in income, and expenses in connection with the
taxpayer's job, for example, dues to unions or profes-
sional societies, cost of tools and supplies, fees to em-
ployment agencies, and any allowable expense in connec-
tion with his employer's business which was in excess
of reimbursed amounts.
Exemptions
In computing taxable income for the tax year 1954,
a deduction of $600 was allowed for each exemption to
which an individual was entitled. A per capita exemp-
tion of $600 was allowed for the taxpayer and, on a joint
return, his spouse, and for each cliild ( including a step-
44SS05 O -57 -3
28
INDIVIDUAL INCOME RETURNS FOR 1954
child or an adopted child) wlio received more than one-
half of his support from tlie taxpayer and who was un-
der 19 years of age or was a student. If the child was
19 or over and not a student, exemption was allowed
only if the child met the sujiport test and had gross in-
come under $600. Also, an exemption was allowed for
each other dependent (specified below) with less than
$600 gross income who received over one-half of his sup-
port from the taxpayer. To qualify as a dependent, the
child or other dependent must have been a citizen or
resident of the United States, or a resident of Canada,
Mexico, Republic of Panama, or the Canal Zone.
Additional exemptions of $600 for age 65 or over and
$600 for blindness were allowed the taxpayer and, if a
joint return was filed, the taxpayer's spouse.
If the dependency qualifications were met, exemption
was claimed for parent, grandparent, grandchild,
brother, sister, stepbrotlier, stepsister, stepmother, step-
father, mother-in-law, father-in-law, brother-in-law, sis-
ter-in-law, son-in-law, and daughter-in-law; for uncle,
aunt, nephew, or niece if related by blood; and for any
person who lived in the taxpayer's home and who was
a member of his household, whether or not related to the
taxpayer.
The new law made an exception to the support test for
a dependent who was supported by several persons none
of whom contributed more than one-half. Under this
provision, any one of the group who had contributed
more than 10 percent of the support could claim the ex-
emption if each of the others who contributed more tlian
10 percent of the support filed a declaration that he
would not claim the exemption.
The number of exemptions and the amount claimed,
as tabulated in this report, include exemptions from
every return filed. There is some duplication of exemp-
tions inasmuch as dependents with less than $600 of
gross income from wages subject to income tax with-
holding filed a return to daim refund of tax; and chil-
dren dependents under 19 years of age and children
dependents over 19 years who were students, with gross
income of $600 or more, filed a return because their in-
come met the requirement for filing. Exemptions
claimed on returns filed by these dependents wei-e tab-
ulated, as well as the exemptions for these dependents
reported on the return of the taxpayer rightfully claim-
ing the dependent.
Measures of Individual Income
Items explained here are in accordance witli the defi-
nitions under tlie new provisions of the 1954 Code.
Adjusted gross income is defined as gross income
minus (a) allowable expenses attributable to the tax-
payer's trade or business, (b) expenses paid or incurred
in connection with services as an employee under a re-
imbursement or other expense allowance arrangement
witli tlie employer, (c) expenses of travel, meals, and
lodging while away from home incurred by the tax-
payer in connection with services rendered as an em-
ployee, (d) expenses of transportation paid by the tax-
payer in connection with the performance of services
as an employee, (e) expenses of outside salesmen at-
tributable to business carried on by the taxpayer if such
business consists of the performance of services as an
employee and if the business is to solicit, away from the
employer's place of business, business for the employer,
(f) deductions attributable to rents and royalties, (g)
deductions for depreciation and dej^letion allowable to
a life tenant or an income beneficiary of property held
in trust, (h) allowable losses from sales of capital as-
sets and other property, and (i) a deduction equal to
50 percent of the excess of net long-term capital gain
over net short-term capital loss.
Adjusted gross deficit occurred in the event that the
deductions allowed for the computation of adjusted
gross income, stated above, exceeded the gross income.
Taxable income tabulated for individual returns is ad-
justed gross income minus deductions, itemized or stand-
ard, and personal exemptions. The amount of taxable
income, shown throughout this report, includes both the
taxable income reported by taxpayers on the long-form
return, Form 1040, and a mechanically computed
amount of taxable income for taxpayers who used the
short-form return. Form 1040, or the return, Form
1040A, wherein the amount of taxable income was not
a factor because the optional tax table was used for tax
purposes. Taxable income for the latter taxpayers was
computed by (a) using the midpoint of the adjusted
gross income bracket of the tax table into which the
income fell as the amount of adjusted gross income, and
(b) providing a 10-percent standard deduction based
on the midpoint, and (c) allowing $600 for each exemp-
tion claimed. This formula resulted in the actual
amount of taxable income upon which the tax was based.
This is the only instance in which an item, not reported
on the individual income tax return, was supplied for
the tabulations.
The concept of taxable income may be considered sim-
ilar to the concept of surtax net income of former yeai's,
if the other changes in the new law are ignored.
Tax Items
The reduced tax rates, previously enacted as appli-
cable to individual income on and after January 1, 1954,
were carried from the 1939 Code into the 1954 Code.
However, in tlie 1954 Code, tiie normal tax rate and the
graduated surtax rates were consolidated into a single
comprehensive rate schedule.
The income tax rates for 1954 income were 20 percent
of the first $2,000 of taxable income, increasing to 91
percent of taxable income in excess of $200,000 for all
persons except heads of household, and in excess of
$300,000 for heads of household. However, under the
split-income provision, the 91-percent rate was opera-
tive only on taxable income in excess of $400,000 on
joint returns and returns of surviving spouse. The
maximum tax was limited to 87 percent of taxable in-
INDIVIDUAL INCOME RETURNS FOR 1954
29
come. These rates are somewhat lower than tliose on
1953 income.
Fiscal-jear and part-year returns covering: a period
tliat embraced January 1, 1954, showed a proration of
tax to give efTect to the change in tax rates on January
1, 1954.
The descriptions of tax items are given in terms of
the 1954 tax provisions.
Income tax before credits is the tax based on taxable
income and calculated at the prescribed rates. It may be
the optional tax, the regular income tax, or the alter-
native tax and it is without regard to tax credits al-
lowed as a reduction thereof.
Normal tax and surtax is the regular income tax
which includes the optional tax. The normal tax and
surtax was computed on taxable income at the rates
stated above and reported by taxpayere wlio filed the
long-form return, Form 1040. Optional tax was re-
ported by taxpayers who used the short-form return,
Form 1040, while the optional tax was determined by
the district director for taxpayers who filed tlie card-
form return. Form 1040A. The optional tax table stated
the tax for the various adjusted gross income brackets
and numbers of exemptions, for taxpayers M-ith adjusted
gross income under $5,000 from whatever source.
Alternative tax applied only in case the taxpayer had
an excess of net long-term capital gain over net short-
term capital loss and only if the alternative tax was less
than the regular income tax. Alternative tax was the
sum of (a) a partial tax computed at the regular income
tax rates on taxable income reduced by 50 percent of
the excess net long-term capital gain over the net short-
term capital loss, and (b) an amount equal to 25 percent
of the entire excess. The alternative tax is not eflective
on taxable income under $18,000.
Tax credit for dividends received is a new income
tax credit, allowed on returns with tax year ended after
July 31, 1954, for domestic dividends received after that
date. This credit is equal to 4 percent of the qualifying
dividends in excess of the dividends excluded from gi"oss
income. However, the credit could not exceed the lesser
of (a) the income tax reduced by foreign tax credit,
or (b) 2 percent of the taxable income.
Tax credit for retirement income, under the new
law, is allowed against the income tax, if the taxpayer
qualified with regard to earned income in prior yeai*s.
The credit is 20 percent of tlie retirement income, as
defined by statute, with a maximum limit of $240 for
each individual. The credit, however, could not exceed
the income tax reduced by the other four tax credits.
Tax credit for foreign tax paid was allowed against
the income tax only to taxpayers who itemized deduc-
tions but who did not deduct this tax among those
deductions. Tlie credit pertains to income and profits
taxes paid to a foreijrii country or possession of the
United States, including the taxpayer's share of such
taxes paid through partnerships and fiduciaries. The
credit could not exceed the same proportion of the tax
against which the credit was taken which the taxable
income from sources in such foreign country bore to the
entire taxable income computed without pereonal
exemption.
Tax credit for tax paid at source relates to income
tax withheld and paid, by the debtor corporation, on
interest from tax-free covenant bonds. Credit for the
amount of tax paid including the taxpayer's share of
such tax paid through partnerships and fiduciaries was
allowed against the income tax but only if deductions
were itemized.
Tax credit for partially tax-exempt interest replaces
the foi-mer deduction from net income and was allowed
against the income tax only if deductions were itemized.
The tax credit is 3 percent of the partially tax-exempt
interest included in gross income, but was limited to
the lesser of (a) 3 percent of taxable income, or (b) the
income tax reduced by the credit for foreign tax paid
and the credit for dividends received.
Income tax liability after credits is the remaining
tax after the subtraction of all tax credits, but prior to
adjustments for tax withheld and the payments on
declaration.
Self-employment tax was reported by an individual
who had net earnings from self-employment derived
from a trade or business carried on by him, or from his
share of self-employment net earnings from a partner-
ship of which he was a member. However, farmers and
most professional services were excluded from the defini-
tion of self -employment earnings, and certain types of
income and deductions were excluded, such as rents, in-
terest, dividends, capital gains and losses, net operating
loss deduction, and casualty losses. If such net earnings
were $400 or more, they were considered self-employ-
ment income. In determining the amount of self-em-
ployment income to be taxed, three factors were con-
sidered: first, the amount of net earnings from
self -employment must be $400 or more; second, the
maximum amount of self-employment income to be
taxed is $3,600 ; and third, the amount of wages received
on which social security tax had been withheld by an
employer. If social security tax was withlield from
wages, the amount of such wages was subtracted from
the maximum amount of $3,600 to determine the limit
on self-employment income to be taxed. The amount of
self-employment income subject to tax was the smaller
of (a) the amount of the limit on self-employment in-
come to be taxed, determined as stated, or (b) the
amount of net earnings from self -employment. No ex-
emption was allowed against the self -employment in-
come for purpose of computing the self -employment tax
at 3 percent.
Tax withheld is the income tax withheld at source on
wages together with the over withholding of social se-
curity employee tax. The amount of income tax to be
witliheld by employers was stated in wage bracket with-
holding tables or was determined by applying the pre-
30
INDIVIDUAL INCOME RETURNS FOR 1954
scribed 18 percent withholding tax rate to the amount of
wages in excess of withholding exemptions. Tlie over
withheld social security tax, that is, the excess over the
maximum tax of $72, occurred because the employer re-
ceived wages from more than one employer.
Payments on 1954 declaration of estimated income
tax were reported on returns. Form 1040 only. These
payments, made on account of the 1954 Declaration of
Estimated Income Tax, Form 1040-ES, also included
any credit which was applied against the estimated tax
for 1954 by reason of an overpayment of the 1953 tax
liability.
Tax due at time of filing is the amount of tax that re-
mained after the tax withheld and payments on 1954
declaration had been applied against the total tax liabil-
ity for the year which included both the self-employ-
ment tax and the income tax liability after credits.
Overpayment of tax occurred when the tax withheld
and payments on 1954 declaration exceeded the com-
bined self-employment tax and income tax liability after
credits. Overpayment of tax gave rise to a refund or
to a credit on the subsequent year's estimated income
tax.
Refund of tax overpayment is the amount indicated by
the taxpayers who requested a refund.
Credit on 1955 tax is the amount of 1954 tax overpay-
ment which the taxpayers specified be credited on 1955
estimated income tax.
BASIC TABLES
INDIVIDUAL RETURNS, 1954
Page
1. Number of returns, adjusted gross income, taxable income, and
income tax, by ad j usted gross income classes and classes cumulated . 33
2. Sources of income and loss and nonbusiness deductions, by returns
with standard or itemized deductions 34
3. Sources of income and loss and nonbusiness deductions, by adjusted
gross income classes 35
4. Sources of income and loss, exemptions, and tax items — all returns,
joint returns, and other returns, by adjusted gross income classes. 36
5. Itemized nonbusiness deductions, exemptions, and tax items, by
adjusted gross income classes — returns with itemized deductions. 48
6. Number of returns by size of source and by adjusted gross income
classes 50
7. Number of returns by size of nonbusiness deduction and by adjusted
gross income classes 55
8. Taxable income, tax credits, and income tax, by taxable income
classes for applicable tax rates 56
9. Adjusted gross income, taxable income, income tax, average tax,
and effective tax rate, by types of income tax and by adjusted
gross income classes 58
10. Adjusted gross income, exemptions, taxable income, and income tax,
by marital status of taxpayer, by returns with standard or item-
ized deductions, and by adjusted gross income classes 59
11. Exemptions by marital status of taxpayer and by adjusted gross
income classes 65
12. Capital gains and losses, short- and long-term, and capital loss
carryover, by adj usted gross income classes 69
13. Selected sources of income by States and Territories 71
14. Adjusted gross income and income tax, by States and Territories
and by adjusted gross income classes 72
15. Returns with self-employment tax — adjusted gross income and self-
employment tax, by adjusted gross income classes 75
16. Returns with self-employment tax — adjusted gross income and self-
employment tax, by States and Territories 76
31
INDIVIDUAL INCOME TAX RETURNS FOR 1954
33
Table 1.— NUMBER OF RETURNS, ADJUSTED GROSS INCOME, TAXABLE INCOME, AND INCOME TAX, BY ADJUSTED GROSS INCOME CLASSES AND CLASSES CUMULATED
Adjusted gross Income classes and classes cumulated
Percent of
total
Adjusted gross income
Amount
( Thouaand
dollMf)
Percent of
total
Taxable income
Amount
( Thousand
dollars)
Percent of
total
Income tax liability
after credits
Amount
( Thousand
dollars)
Percent of
total
(1)
(2)
(3)
M
(5)
(6)
(7)
ADJUSTED GROSS INCOME CLASSES
Returns with adjusted gross income.
Under $600
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $3,500
$3,500 under $4,000
$i,000 under $4,500
$4,500 under $5,000
taxable and nontaxable;
$5,000 under $6,000
$6,000 under $7,000
$7,000 under $8,000
$8,000 under $9,000
$9,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total
Returns with no adjusted gross income, nontaxable.
Grand total
CUMULATED FROM LOWEST ADJUSTED GROSS INCOME CLASS
Returns with adjusted gross income, taxable and nontaxable:
Under $600
Under $1 ,000
Under $1 ,500
Under $2 ,000
Under $2 , 50O
Under $3,000
Under $3,500
Under $4,000
Under $4,500
Under $5,000
Under $6,000
Under $7,000
Under $8,000
Under $9,000
Under $10,000
Under $15,000
Under $20,000
Under $30,000
Under $50,000
Under $100,000
Under $150,000
Under $200,000
Under $500,000
Under $1,000,000
All returns
Returns with no adjusted gross income, nontaxable.
Total returns
$50,000 or more.
$30,000 or more.
$20,000 or more.
$15,000 or irore.
$10,000 or more.
$9,000 or more..
$8,000 or more..
$7,000 or more..
$6,000 or more..
$5,000 or more..
$4,500 or nore..
$4,000 or more..
$3,500 or more..
$3,000 or more..
$2,500 or more..
$2,000 or more..
$1,500 or more..
$1,000 or more. .
$600 or more ....
All returns.. . . .
Returns with no adjusted gross income, nontaxable.
Total returns
3,939,817
3,180,541
4,520,595
4,206,678
4,311,673
4,484,779
4,607,975
4,548,399
4,202,754
3,708,206
5,189,199
3,352,077
2,016,601
1,187,245
721,146
1,217,149
368,907
291,858
161,995
70,400
11,628
3,197
3,245
439
201
56,306,704
56,747,008
3,939,817
7,120,358
11,640,953
15,847,631
20,159,3(X
24,644,083
29,252,053
33,800,457
38,003,211
41,711,417
46,900,616
50,252,693
52,269,294
53,456,539
54,177,685
55,394,834
55,763,741
56,055,599
56,217,594
56,287,994
56,299,622
56,302,819
56,306,064
56,306,503
56,306,704
440,304
CUMUUTED FROM HIGHEST ADJUSTED GROSS INCOME CLASS
Returns with adjusted gross income, taxable and nontaxable:
$1,000,000 or more
$500,000 or more
$200,000 or more
$150,000 or more
$100,000 or more
56,747,008
201
640
3,885
7,082
18,710
89,110
251,105
542,963
911,870
2,129,019
2,850,165
4,037,410
6,054,011
9,406,088
14,595,287
18,303,493
22,506,247
27,054,646
31,662,621
36,147,400
40,459,073
44,665,751
49,186,346
52,366,887
56,306,70i
440,304
7.0
5.6
3.0
7.5
7.7
8.0
8.2
8.1
9.2
6.0
3.6
2.1
1.3
2.2
0.7
0.5
0.3
0.1
1,294,816
2,542,668
5,630,728
7,357,621
9,703,996
12,304,840
14,979,298
17,062,187
17,849,574
17,586,011
28,346,771
21,656,934
15,025,572
10,036,658
6,312,309
14,410,918
6,323,542
7,023,496
6,071,673
4,656,424
1,391,103
547,816
919,072
294,745
406, 533
0.6
1.1
2.4
3.2
4.2
5.3
6.5
7.4
7.8
7.6
12.3
9.4
6.5
4.4
3.0
6.3
2.7
3.1
2.6
2.0
0.6
0.2
0.4
0.1
0.2
188,587
1,072,631
1,748, 6U
2,915,272
4,125,877
5,606,880
6,699,017
7,409,011
7,759,499
13,786,654
11,821,063
8,945,178
6,324,419
4,479,948
10,097,287
4,809,174
5,611,824
5,052,815
3,946,903
1,170,329
452,603
740,497
234,354
332,335
0.2
0.9
1.5
2.5
3.6
4.9
5.8
6.4
6.7
12.0
10.2
7.8
3.8
4.2
4.9
4.4
3.4
1.0
0.4
0.6
0.2
0.3
37,643
213,519
344,635
575,180
817,847
1,120,604
1,346,691
1,489,975
1,559,856
2,770,109
2,385,403
1,820,597
1,301,277
932,992
2,135,166
1,145,589
1,521,883
1,683,981
1,708,710
614,555
257,014
455,363
154,785
222,374
230,235,855
'1,014,480
115,331,301
26,665,753
^229,221,375
115,331,301
26.665,753
7.0
12.6
20.7
28.1
35.8
43.8
52.0
60.0
67.5
74.1
83.3
89.2
92.3
94.9
96.2
98.4
99.0
99.6
99.8
99.9
99.9
99.9
99.9
99.9
100.0
1,294,816
3,837,434
9,468,212
16,825,833
26,529,829
38,834,669
53,813,967
70,876,154
88,725,728
106,311,739
134,658,510
156,315,494
171,341,066
181,377,724
183,190,533
601,451
924,993
948,439
020, 162
676, 536
067,689
615,505
534,577
329,322
235,355
0.6
1.7
4.1
7.3
11.5
16.9
23.4
30.8
38.5
46.2
58.5
67.9
74.4
73.8
81.7
88.0
90.7
93.8
96.4
98.5
99.1
99.3
99.7
99.3
100.0
188,587
1,261,218
3,009,832
5,925,104
10,050,931
15,657,861
22,356,908
29,765,919
37,525,418
51,312,072
63,133,135
72,073,313
78,402,732
82,882,680
92,979,967
97,789, Ul
103,400,965
108,453,730
112,400,683
113,571,012
114,023,615
114,764,112
114,993,966
115,331,301
0.2
1.1
2.6
5.1
8.7
13.6
19.4
25.3
32.5
44.5
54.7
62.5
68.0
71.9
30.6
34.3
89.7
94.0
97.5
98.5
98.9
99.5
99.7
100.0
37,648
251,167
595,302
1,170,932
1,988,829
3,109,433
4,456,124
5,946,099
7,505,955
10,276,064
12,661,467
14,482,064
15,733,341
16,716,333
18,901,499
20,047,083
21,568,971
23,252,952
24,961,662
25,576,217
25,833,231
26,238,594
26,443,379
26,665,753
■'1,014,480
'229,221,375
115,331,301
26,665,753
0.2
0.4
1.0
1.6
3.8
5.1
7.2
10.8
16.7
25.9
32.5
40.0
48.0
56.2
64.2
71.9
79.3
87.4
93.0
100.0
406, 533
701,278
1,620,350
2,168,166
3,559,269
3,215,693
14,287,366
21,310,862
27,634,401
42,045,322
48,858,131
58,894,789
73,920,361
95,577,345
123,924,116
141,510,127
159,359,701
176,421,383
191,401,136
203,706,026
2U,410,022
220,767,643
226,398,371
228,941,039
230,235,855
0.2
0.3
0.7
0.9
1.5
3.6
6.2
9.3
12.0
18.3
21.2
25.6
32.1
41.5
53.8
61.5
69.2
76.6
83.1
88.5
92.7
95.9
93.3
99.4
100.0
332,335
567,189
1,307,686
1,760,289
2,930,618
6,377,521
11,930,336
17,542,160
22,351,334
32,448,621
36,928,569
43,252,988
52,198,166
64,019,229
77,305,883
85,565,382
92,974,393
99,673,440
105,280,320
109,406,197
112,321,469
114,070,083
115,142,714
115,331,301
115,331,301
0.3
0.5
1.1
1.5
2.5
6.0
10.3
15.2
19.4
28.1
32.0
37.5
45.3
55.5
67.5
74.2
80.6
86.4
91.3
94.9
97.4
98.9
99.8
100.0
100.0
222,374
377, 159
832, 522
1,089,536
1,704,091
3,412,801
5,096,782
6,618,665
7,764,254
9,949,420
10,332,412
12,133,689
14,004,286
16,339,639
19,159,798
20,719,654
22,209,629
23,556,320
24,676,924
25,494,771
26,069,951
26,414,586
26,628,105
26,665,753
26,665,753
'1,014,480
1^229,221,375 |
115,331,301
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data."
^Less than 0.05 percent.
'Adjusted gross deficit.
■'Adjusted gross income less adjusted gross deficit.
34
INDIVIDUAL INCOME TAX RETURNS FOR 1954
Table 2 SOURCES OF INCOME AND LOSS *ND NONBUSMESS DEDUCTIONS. BY RETURNS WITH STANDARD OR ITEMIZED DEDUCTIONS
20
21
22
23
24
25
26
Sources:
Salaries and wages (after exclusions).
Dividends (after exclusions)
Interest received
Business or profession:
Net profit
Net loss
Partnership:
Net profit.
Net loss.. .
Net operating loss deduction.
Sales of capital assets;
Net gain
Net loss
Sales of property other than capital assets;
Net gain
Net loss
Annuities and pensions.
Rents and royalties;
Net income
Net loss
Estates and trusts:
Income
Loss
Other sources
Adjusted gross income or deficit.
Itemized nonbusiness deductions:
Contributions
Interest paid
Taxes
Medical and dental expenses
Child care
Losses from fire,
Other deductions.
storm, other casualty, or theft.
Total itemized deductions.
All returns ( taxabl'j and
nontaxable )
Number of
returns
49,925,305
3,681,007
6,124,385
6,320,812
1,454,726
1,588,046
223,949
2,411, U7
664,084
135,062
207,456
3,863,618
1,143,837
368,806
12,258
5,019,713
56,747,008
14,565,306
10,727,798
14,577,343
8,639,147
272,737
2,107,002
11,507,354
15,243,545
(Thoutand
dollara)
(2)
185,952,623
7,047,866
2,370,230
19,234,612
2,308,809
9,001,043
478,242
3,731,862
379,446
107,811
199,058
806,069
3,536,292
429,542
685,140
5,300
'229,221,375
3,892,547
3,201,542
4,085,362
2,975,448
88,714
444,300
2,731,267
Returns with standard
deduction
Number of
returns
(3)
36,304,499
1,915,025
3,533,688
4,766,078
753,186
975,539
94,978
1,340,293
304,181
77,337
87,844
2,163,521
534,497
172,787
5,482
3,134,372
(Thouiand
dollars}
(4)
115,401,617
1,584,015
1,061,124
12,069,791
675, 529
3,962,516
70,255
1,216,824
160,593
56,730
56,613
443,262
1,661,011
174,149
239,025
1,517
136,887,797
Returns with Itemized deductions
Showing adjusted
gross income
Number of
returns
(5)
13,525,349
1,736,134
2,544,793
1,538,100
361,734
601,681
86,068
1,009,433
335,305
54,641
98,128
288,141
1,650,108
578,931
193,970
6,752
1,825,258
14,555,918
10,721,354
14,565,630
8,633,875
272,237
2,106,457
11,504,665
15,229,351
Amount
( Thaisaattd
(6)
70,393,308
5,446,885
1,288,790
7,143,782
617,988
5,011,377
189,471
2,397,190
202,031
48,151
72,409
1,836,905
227,591
444,408
4,024
93,348,058
3,891,173
3,201,287
4,076,630
2,971,172
87,960
444,245
2,730,760
17,403,227
Showing no adjusted
gross income
Number of
returns
(7)
95,457
29,849
45,904
16,634
349,806
10,826
47,903
11,046
61,371
24,598
3,034
21,484
2,575
49,989
30,409
(M
(M
440,304
See text for individual returns for "Explanation of Classifications and Terms" and "Description of Sample and Limitations of Data."
Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
'Art llictud (mice innnmo loOO Ol^inctaH .TT•.^.^o Aafir^l*
^Adjusted gross income less adjusted gross deficit.
^Adjusted gross deficit.
9,388
6,444
11,713
5,272
(M
(M
2,689
Amount
(Thauam^
dollar a)
(8)
157, 697
16,966
20,315
16,041
1,015,290
30, 150
218,518
86,136
117,850
16,821
2,881
70,035
38,375
27,802
(M
(M
11,624
■■1,014,4
1,374
3,255
8,732
4,276
(M
18,953
INDIVIDUAL INCOME TAX RETURNS FOR 1954
35
I 1 5
S ll
3 —
3 —
li
e^
3 -i
li
C 0) -—
3 +J ul
§?
O O CO rH sj
•si lA »0 AJ r
ON P- O H r
^ ?5 [> r^
00 P- rH AJ ON
ON C-- 00 C^ 2
m AJ ON n CJ<
O Al ^ <n -D
lA 3 ^ r-N -J-
1 CO ON CO
\ -1 C^ O
r •£) -H
H r-( O NO
H lA 00 -J
^ tn ry H
r", -sj 0\ -sf m
AJ -^ CO c
to r- -H r
■£) CO ^ lA C
^0 O I^ ON O
O fn o fA m
rH m r%
ssssa
to -J- -J r-t m
«£) O >t -H CO
D- lA CO -sf AJ
O ^ lA <M n
lA >£> r-l \D m
RS§S|
SSSRS
■J3 nD O n -J-
\D vO >A r> lA
ESKaS8
m Aj m n ^
O n -* C^ vD
Al ON At >I tn
it Ai tn rv <ri
rg t*- lA -.f vo
tn -.1 >j- c- c
lA Al CM 00 -i)
ON O m ^ r
O Ai lA rH \
CO t- O O- 1
fA nO iH vO C
AI C- On m C
t^ fA Al ON lA
On 00 <n nD lA
CT» CO >t <n nO
-if >A ON NO <n
O CO AI -^ Ai
lA lA r^ "A ON
rH in (A fA ON
sssas
0^ C^ O vO >H
n .H -J C-- o
0> lA ON ^ CO
tA a> ON AJ rH
^ ^ ^ lA O-
3PSS3
•£) sO C-- CD 0>
Al r- ON r-t
iM
O C^ CO 00 --NJ
U^ AJ en rH 0>
AJ O vf rH O
in fH n o -J
^ I> lA ON CD
lA O CO O AJ
(>- AJ rH t> ON
^O <n rH O lA
ON ON 1-1 .H ON
aSSSs
C^ CO ON AJ CO
r-J >A >£> 0> O
SS5SS
O Ai lA CO to
A fA t>co
982
1,068
2,030
1,659
'i,587
2,214
1,326
1,447
1,103
546
r- lA lA ^ tn
O- AJ Al
lA U1 sJD -4 to
(n On O" O* lA
S § In '^ "^
O <A o H ^
ag3:}S
■H l> -J- i-H -.J
(n >D ON r-1 rH
O i-H ^ •< lA
AJ O- O -i CO
O rH en vf C^
.-NJ AJ lA ON O
nO ry vO nO -.t
o a> r- CO >j
ij O- NO rn to
lA ^ D- C- AJ
00 en rK lA lA
en rH AJ
•o r~ o o -J-
a- •-< ON -A ii
P S NO S CO
ON nd ij -st r-
O' fn AJ vO ,D
■A r- o Aj f-
m >* oj iH CO
\0 {^ Al O ON
OJ O vO nD ON
lO O nO "A lA
-H r^ m -o 0>
fn -J Q m «o
Cn On o ^ -7
AJ AJ ON
r- lA r- to o
O O >0 fA Al
Aj o r- -|j o
[> Ai m .-1 u-i
S NO O 00 ON
\0 AJ AJ >n rH
00 >A ^ t^ rH
rH lA rH lA CO
Aj [^ ^- U-. o
ON -H \D iH r-
rH rH u^ <n >r
°3
OJ At to
ry ^0 O
m o --t
D- O CO in n
lA m lA rA C-
r4 M ON -J 00
ON -H O CO o
^ iI O- nD lA
nH >0 > vT lA
ON tn en o fn
rH 00 m r- lA
<n o ON AJ tf^
PS
AJ t^ ^D
^ ^ ^ M>
CO O CO AJ AJ
^ Aj rn r-
C- n AJ A) rH
^ C-. ^ U>CO
(A p- -^ O CO
■^ e: E: ;S :?
>D O in ON A)
ON [^ CO lA o
CO o
r\i ON
?i ^ AJ
440
3,939
3,180
4,520
4,206
4,311
4,484
9,156
7,910
L2,466
1,217
368
291
161
70
rH I*N
n
C
s :
o -o
isl
T)
e
f" -;
s
M
- ■y 2j
is
-
tn
OJ 0 «
^,
is-s
35
"Be
e^
T) O
II
iS-8
|5«
3 —
li
9 :
II
fnO'O'OOO vOAlCO-JlA
inHiJrHIA ON^CJsOlA
O-'-IAtiJON rHOAJtN.fn
^ -O ON C~ >o
-C^0NO«<H ONrHQWCO
)ocofn(n >ONO>orHC^
\^AJ.*nO On>H<HnOCO
00 i-H en Aj p-
O rH vO O O
m NO o lA tn
O CO ^ C^ -4-
iHAJ^O -Ji-liHiXtn
rH^J-i OAIE-iA>0
COAJCO AJOnO>nOO
i^-OfAAl COmrHC
^-*'OnOC^ iACNJfnr
CM tn lA (M tn
am Ai \0 00
CO O rn nO
sO CO On -D m
r- rH Ai r-t -4
!M f^ O lA \D
-^ tn -J- no Aj
C- At ON C~ C-
to if fNj en tn
^ it n i-l AJ to -J
> H in t^ o it Q
(H i-i rH m lA O
r~ ii ON o Aj
^ ■£) CO ^ -
ir- c- o e
ij to Ai 11
"^PSS
r- At vO nD At
o r- i-i o NO
m iH Ai AJ r-t
Ai m t^ to CO
f-T r-7 >0 O O
iT At rH r- pN
iT AJ m rH S
pH O ON nO if
CO ^O nO -J AJ
■A lO if D- CO
U-1 rH AJ rH to
J m to Aj o
N CO Aj m ON
(A m ij
[> ON -<f -o -o
O NO On rH NO
Aj >A en C^ ON
tA iH O to AJ
nO if AJ O On
O fn lA \o if
\0 C- 1-1 rH O
lA -J- lA if AJ
O* O lA (M if
arH r-t r- <n
if en »A if
H fH if lA <n
ON O lA >0 rH
CO no -J 'O <n
O C^ -J- rH if
asaf
00 0> CO if lA
if m o o- O
(n lA On AJ if
O O O O lA
if tn AJ rH r4
if AJ if kD
vO rH in to lA
C^ if Ai to nO
CO On in O* if
Al AJ lA
r-l ^0 C^ if a>
rno r^co in
c^ (A iH tn nd
lA (M AJ rH
-f if At O C~-
-H On if en lA
O Al lA nO n
ON if 00 00 ON
^ to if lA F-
in -^ iH <A CO
o o >i (A r-
to AJ \o tn if
i-H if ON t> AJ
0^ »A if sO if
-^ tn o O nO
1} nO D- nO if
rH C- ON if nD
On if .H ON O
m m ON Al if
if O m ij o
AJ AJ fn O fn
vO t- nD C- if
C- NO -O C^ rH
%D CO m AJ -H
CO en iH vo m
* if On Al "O
if H Al O C6
-J (n c- O H
c^ AJ AJ >-t
On CM C^ \0 On
CO rg On oj
CM CM Al
m C- AJ ij
if IM if O
C^ nO AJ C^
3 -J CO to O
r O >A Q 00
H ON CO O O
At NO IT- On if
n to >A i> AJ
lA r^ if to Q
P- if rH eM O
1-1 fA rH if >0
en »A r^ c^ no
AJ en O O NO
C^ 00 CD if C
en >o nD -^ c
CO ON nO lA u
o« ON r~ ON vo
r^ lA lA C^ AJ
rH 1-1 AJ AJ to
en to if CM nO
en rH (M Al H
en On O P- 0>
fA fA rH 00 On
00 nO rH O AJ
if"oj"lA r-T
§5
s -
IS
a
o
^
^
M
:^
O Q O O Q
O 5 O Q O
m O o o •>
Al en St lA r-1
^ (1 t< fl t<
O O O O O
■«»■«*<» <ft ■«>■«>-
it lA
■«■■«»
•A o o o o
t. t. t. b r^
m V (u oj oj
■o -a -g tJ -o
O Q O Q O
O O O O O
o o o o o
O lA o o o
r^ rH AJ fA m
o o o o
O O Q ^
O O O O
* * -O
o o o o
lA O O - OJ
rH AJ m H t.
■*»■-«*■«»■«* O
T3 -a -o "o o
o o o o o
O O O Q _->
o o o o o
o o o o o
^ if m rH
, U i^ u
} v V a>
a> o t- T3 T3
o g o o o
8o o o o
o o o *
in O O OO
F^ t^ (^ Ll ^
11> CJ lU O <L1
•o T3 Tt -o -a
§§§§§
O O O O Q
o o o o o
o o o z> o
E
OJ U OJ 0) fi
•a T) -o -o O
§§§§§
o o o o o
8Q O O -«
o o o o
>C>OrHrH eMAim-^lf
*9- ■«■■«■ ■«*■«■ <0 to CO to W
n) bo
a) a
O ^ t» td
36
INDIVIDUAL INCOME TAX RETURNS FOR 1954
t^ f^ IT* ffi lf\
rr-(\0 iOOO'r\CT> rncOt^tOCM rviTiiTviO^H aiCOC^^OiA «^
^U^■5 ■^r^sOCJ''-* tOfNiAOO^ CDiriO*''>60 CT'CO<^(^>i) ■£)
-nT O u^ O 00
^ IS -i
n eo -^ oj rw
JiTiiO O'OO'OCT' iOf\(vO-»t<A tniO'C'Tir^
W 8 «
< C^ fH -st r\ f^ oj
lA rH (N C^ .-(
^ (*> (*l oj (^ r^ *
-O O t^J [*•
vO vO C^ -^^ vO
nj >f 00 (^ C
O^ Oj -O TO iH
00 o^ ^ in c-
£-- ITl <0 ->J T*
00 C O W ^
.-< r- rH O DO
oor^oon-^ oon~j«)
\0 "O r- CO o>
O O^ CO o
> \0 <M «D
O ^ C CT* i-H
(O U-, o o C^
(^ m rH w c*
f 11 CO Ov t^
S S)
^C (MM r-t
rirJr^ c^e
to CT-tn W
1 II
ODiOOf^ vl'CDCT'COO ^f^O<^'^'^^ -.Jf^oj-J-iD ff-COf^u^OO
OCTi^ir^ t^O'Dtf^i^ >r\oo'^''^CT' tJ^<-iOAico •Dto-4'trr^
O O^ to iTi
CO fNJ O^ «t)
H-O-* •Or\Jr^o«
o m
CO 0\ O CO
C^ tn m CM
O C f^ [^
3 lo O fN C-
3WS
O CO O <-(
-* tn 'O «o
0> O ^ T*
to m CD f>J
00 >r\ "O »o >
CO >JD O^ -D
O O O to
1 --H o n 00
1 -J "^ '•^ w
) 4 C- O !J^
I >r\ 0\ 00 >I
O "N »r» 00 Qo
01 C-- CT" \0 >A
m iD f>j C-- fn
■^ to to .-t CO
<n lO t^ P- ry
rv ^ IN 03 >r
\D f^ >t t^
--T m C^ CT»
p-H OJ -^
CM .-( O to O
oo o r- ^o -^
irt t^ C- D- t-
lO Oj O --» CM
-J \D in -J- rH
fM O to t-- »0
> (M \0 1^ \0
H OJ -J O ^
il (n ^ ^ Tl
C^ ir\ <n ^ c
00 O* m IN
>0 -H CO ■-<
00 (^ <M to
CD OO CM CO Ot
r\j 0> ,-H <M f^
C^ C- --T (N --I
.H (^ (M C^ >0
rj <n <N o^ O
•A -J O O C^
t- CO -4- E- *D
r\j ir\ m pj fM
vo m to f^ \0
iT\ [-* -J 0> CT*
O >J f^ 1^ f^
0\ ry 00 f*J t^
C- n -^ ry [^
n^ ^ in >J f>j
\0 m t^ CO in
to c- lO nj m
rH \00 ■-* <N
0\ to -J m
,-H rg ^ m
to o 00 >r
to m rH to to
ni t^ O ^ fM
fV O <H f^ ^
[^ in rH ry o^
-J ir» t- ON c-
ry m f^ O^ 0>
m .H > t^ rH
CO in -vj CT* m
.H to »o .H to
m c- xD ^ >»
in -^ O 0> tO
c p-H o* iO in
O O O* P' Q
^o r- m Q ^
n r^ lO o <-i
f*^ ^ Q\ (^ 00
p-^oto -OtOO^O
•omogf^ i^iT\<jv.-<in
»0 Q c>J f^ •-
•O O <*> ON c
cr -* nj <M c
f^ <*1 f^ i-H \0
-J- O* nO O* CO
-4- NO C^ n rH
?£
mnjc^eo r^ocomov
>jONiiON iTieoiNmrn
rH r^ r'j nj fn f»1 r^
I i
iAC--ryO r^r^f^ff-O*
fNj^fi-ic- c-o^mo
CCOtO^ OrHrHfMtO
CD r-1 O OJ \0
r- vT CVJ rS o
^ ON O vT O
nj -J O O ON
CO -O CO nD ri
D- C- m rH O
sO --f l> On nO
en vO ->!■ ■^ C-
m m CO -J (>
-si On r-J
nj C-- o p-H "
CO 00 -si > •-
^ .-< CM rS -■
33K3
> 4>
CnOJON^ O-Or^ONfT^
(MinNDO* rMiOO^m^r
-nr-r-to -j-cm-oono
3>j (J> rvj \0
C^ O CM On
(M -O nO C^ CD
O cn C^ -* w
in m rw en o
[> ON in *0 o
O m o >n p-
n p- nO ry cjN
m ON o >I ^^
feS
CM >t >-< P- P-
>t >J ^ tn O
-} to >H On nO
.^,., ,,,J'0--t OO-^O-HP- P-ONP-fNJO
^C-cnO (J-0-JCM(M OOcncMOON 0-*<M>IP-
iiH'-j'n cn^^oin P'-jm^tH •-t-4'^o'n
N m vt
- en o
\o in p- in to
H CO P- CD rH
li
en O CM O CM
—< CO en [^ m
en o o> CM >n
P- CNJ rH 0
n NO ^ r-
^ On •£) '■
3 rH en m in
m o< en 00 m
ON tn CM CM r-i
ON -f p- to to
■ m -Nf r
1 O >T '.
.00 m to o
00 O -^ rH o>
On Oi CM rH -^
o p- no p- en
C^ CM O CM <H
f-i ^ ir\ ^ c^
00 rH CO O nO
m -^ CM CM C
en --J to o -
(JN (M .-( P-"
•o to P- c-
r-t ON Q C
-vf CM -J r
to -O -* CM rH
fn en en en en
CO O CM
CO P- en - -- -
ejN nD oj m O -*
ON o P- (J- <n
(M en p o sr
* en .H %o
\ in cN -^
r o p- lO
>j vT no CO en
r- CM -4 P" -H
rH ON en m o
nCH CM ^ CM
p- en m -o -J
oj-Oi-too cMc^c~'<J»m
ONCMcnp- invoininco
cM>*->to ■-rcooO'm
<H -o o> «o p-
CM en CM ^
ON OO O t*- CM
<M O -^ en rsj
en -* On %J CM
O P- ^ nj --"
■HfMCMen 'nen'j'encn
888 8888S
5^HCM<N cncn-Nt^m NOc^cooNr^
M 01010) OJeUVVV
h ^, t, 1^ t,
01 01 01 O) 0)
■O -O TJ T) "O
m o O O O
r-t (M en m r-<
■«»«»«ij to «»
u u u u u
V V a> o> 0)
■a "D "D T) "O
§§§§§
x^* *»<»■«»■
8 00Q0 QOQOQ QQQ02
QOQO SOQQO OOOOO
f\jenc^->t-^ irv-iDr^
o o o
.-< r-1 m en m
^^ >. ..=
0) 0) 01 0) I4
■o -o -a TS o
<»■»><»<»<»
01 -o
8§8
-H CM ry
O m o m o O c
m en ^ -sf m >o o
as t3
0)010} (0 <]} ID i} Ci OJVI
0) O O m o
•O Q - " -
C >0 >-• r-t CM
E3 49-'«»'(»-«9'
■^ -^ >t m nD OD ^
jaaa
0) 0}
a; cs
INDIVIDUAL INCOME TAX RETURNS FOR 1954
37
^ \0 C^ to 0>
§£
^ 9 :
i 11
0\ O^ AI O
3rr, r^ ^ to f
si o^ <Ji O* u
tOCOrHOO f^CT'tOtOO'
iQO>J00 tOOJC^CT'^
8<^ O^ r^
O <A t^
lA \D r- to
\0 CO "A C^ r
iAt»\AliAO^ C-rHrrif
r\J\D(n>ACT> 0»iO--/C
AI Al to Ai fNJ
00 'O vO O -*
a- o- Aj CO lA
O O lA IN to
-J' CVJ in rH lA
□ rH -.J vO O-
Fs to m O^ lA
r- 00 ff- O rH
Ai rsj OJ tn m
Aj en -J lA
tn (n fn n
s
*D;j (no o
lA C- lA r^ rH
•O fn lA rH rH
lA Aj (n (n
':}
W O 0--J —
35
C- rH rH lA t^
AJ -* t*- >A I>
rH tM to <n o»
O AJ -nJ rn rH
t* >J lA rH sO
fn AJ rH -* C-
Aj lA fn {J> oo
^ o
rH A(
g :
00 O^ 00 c^
o^ fn Ai (n r\j
^ ,o o fn o
^o (n ■-I vo o>
1^ vO
S3
3SS
Ov rn ry
2 o S ^
RSSS
to t> fn fn tA
<A r- o lA tn
rH rH <N Aj rv
f\J >A O rH >A
D- C^ to Al to
f^ ry rH ^
s"
O st rH
C- ^ Al
m rH rH
00 (M t^ ^
O' CO -A) lO
CO Aj r- ^ to
OJ O O^ lO O
•J to r- \o 1^
AJ to A( lA rH
fMOO
tO^O
S S 15
O O rH
Ov lA Q o- rn
m rH O rH O^
■5 >0 AJ >J Ai
•D o c C-- fn
-.J n o^ <A c-^
[^ \0 >J rH >0
CO AI vO AJ C^
rH rH to 00 -^
0> rH (n C- lA
OS AJ O t^ sj
<J^ C> ^ <\l c~
ON D- C- -i) 00
sj c- o»o o
AJ o> fn O r
C- CO
O «0 lA >f
■Nj r- OS f^
13,00.
41,01
82,66
82,02
51,76
^ >f :^ «o 0^
ry ci to rtj (%J
^ O CT* >t CT»
i§
C^ \0 »A-J
s 6
I I:
(o r~ si c^ »A
lA Ai t- en o
rH rH \0 tn to
\0 C^ •£> Q^ >t
fn rH r~ -o lA
o o ts c- w-v
O lA
C^ O Al lA \j3
fn f>J rH O "A
cv tn CO tn oj
>I Ov si O^ 00
^O Ih 8 iA
rH «A >t (n rH
m >A to o «o
sD tn
to lA -i to >r
rH O O rH lA
r- to 00 >o "A
s?
f^ rH St rH t--
«-» O >* -A [^
CT- (n sO rv to
sj AJ lA «J3 0>
r-t At
tn fn
tn o^
ry !a £
«A sf tn
rH
rxj a; AJ rH u^
tn rr, sT CD Al
(n sj
ov sj m
- -* to f
to O >A > o
\0 rH 0> 00 O
C^ lA >i> to rH
I li
IS
\0 C- C^ -J- r
§sr m lA ~
lA o o •'
^0 Q O lA -I
tn ^ to to to
lA O O^ O lA
st lA to O sO
O' c C^ tn CO
c^ c\j O' sO m
fn to -i) lA o
o tn o -sT [>
c- rH tN fn s*
\0 <n o so -^
o> 00 o\ c- a-
si fn c- o* tN
t- AJ -O rH t>
O CO sj o
■O 00 C^rH
1 AJ tn TO "A
P- ^ tfl st si
o si tn OS
2 AJ ;n r-
5 sO Ai -o
o rn o^ o» \0
ch c- tn tn ON
C- OO ru tn AJ
O in rH UD o»
AJ ■O O vO AJ
tpOv
tf^ J3 O
n ^ tn to
r^ •-* r^
>o 00 «A >r o»
AJ rH rv tn 1%J
lA lA tn o tn
iA si m en AJ
3S
SK!S
lA AI ON (n >i
tn lA tn CO AJ
*0 ■* sO O lA
^ O ^.H
rH ON to lA
^0 O ON lA
^ CO
^ ,-i
r- tn
sD C--
HO tniAAJiAAJ AJO-fiOOO
OnO rH -^ NO
0> NO rH IA sO
r- n m ON r-
rH fnr* o r-
en 0"A o O'
tn o tn tn o*
in kA t^ [*■ ON
o t- o O Ai
ON 00
IA m
C^ IA ON C- IA
to rH IA tV 0>
00 c^ to o* fn
IA so -^ en IA
sO Al O On rH
AJ IA sJ OJ AJ
\D O •£) rH O"
rH r- tn -< ON
fSJ OO r- tn IA
S.2
11
O sO
rH (M rH O C-
r- rH ON o -J-
O O O O O
So O O Q
lA O lA O
S88
c:«» ^ (4 t^
Fh 0) 1) OJ
3 (h T3 TJ -d
OJ TJ 3 3 3
yeM men-JsjiA NOr-ooONrH
U I, U h ti U U i^ t^ u
§§§§§ §§§§§
oooog oooQO
OOOOO O O O O fD
lAOlAOlA OOOOO
Im U U h ^1
V d) V v v
■a -O -O TJ T3
O O Q t
rH AJ >A rH t,
e
^ (4 ^ ^
•1) 111 0) 0) ^
T3 TJ T3 TJ O
§§§§o
B O
o o c
o o c
o o
»<» tfi to
■«i- u u u u I, u u ^
V 0) ']) a]<i)a)a)iii
5 §§§ §§§§§
0) 0) 01
TJ TJ T3 I
§§§'
o o o o o
o'lA o'o o'
rH rH AJ tn IA
■«*■»■««■■«'>■»
4> Q o y-i o
■O O -S -N -
C sD rH rH Al
3 <*■«»■«■ ■»
T tn s* sf
o rH Al tn -st
IA ■-£) C^ 00 ON
AJ AJ Al AJ AJ
tn tn tn tn tn
38
INDIVIDUAL INCOME TAX RETURNS FOR 1954
m
r\
f"
IT
n
f^ --J
^
~J
■0 -N
H r-i r- 00 tn
m
,
t to ^ "^
x5 f^ IN r- o.
in
c^ <r>
1
S,
n
C
^^
r-
^
m
>,»<N,^M
vOC-^tO O
to o> r-i c\) r-
tn -H Nf o O'
,,
,
, r^vOlN OOOm-^JvO CO
1 tc
0^
^A
tf^
^
£
-•
£1
n
r.
— O \0
to OV O^ -.* 00
O* (M rH CO ^
^
tr
■-^(J^OM <nr-«o^^
f^
>1
r"
<£
m
-J
U
c\i rj -o o o^
~* oj ni r- CT>
tn r- tn ov oj
f^
1 m c^ t*
.fl vO rH o\
m
1 c
u
•a
1
;f
^ ^ (H .-
X
>
(-1 0> ^ \D c^
C^ fn -D rg f>j
\r
CT. tc
o
fc-S
'-^
^
0\ C^ CO Q rH
t-1 U^ CVJ -5 0>
\0 rH ^ "n in
1 o oj rg m in CO to
rH
c- -r
o
c
— ^ S !^ 2 2 o 3-
irv OJ »A m
■a
>
1
h
IN vf rH -H .H
r-
s
rg oj r^ r-« .H
rr\ ^ t-t ^
-J
X
m -^ CJ> -^ (*\
(T
1 f^r^tO CTsmo-o^r- to
1 (T
C
vD -4- a ri r-l
^ vD U-i vO O
2 *
|2S
O 0) <1>
in CO O >J rg
-J- a
1^ -s
\D ry ^ ^ oj
S-" t;
.-( .H .H tH
OJ OJ ^ r-H
OO rH ,H ^ rH
■£
^I
O <J
J3
1 1 1 1
1 1 1 1 1
t t 1 1 1
rg r-
CO <A f^ o C- in oj gj m m [^ >o C
cc
^
Is"
O
:
5
r-
en
a
O -H fM ,H Ov
ov rg -.T o^ to
tn o 5 --f O^
r-i ^o o^ mco
o\ o t^ >f n
1 cocoo C^O-moo m
1 c
0
CO c
^ 5 r- u-\
O O TO fNI O
^
^
f^ •>!■ >r CO t^
c-
^ a:
. s
1
1
rg rH -J; ->f O^
to rg -J (M r-
^O CO O (M <0
O rg O >r rg
^f
— .t^ON-j to nj vo -^ ^ -.J --
-^
p"
m IT
ii
^1
M O C^ 00
r- OS a* (-1 ->»
o to vO O Ov
'
— '
5
g
u-
IT
^
;i
s
r-
1 infnr>j toc-in-*l> co
1 IT
f,-
f^
o
O 5 2 S 3
CO ^ ^O 0^ d
-} Nf vO to tn
p
_
0\ sO OJ U-\
(^ -* O P- ^0
•-
§
1
■z.
f
Pi^
f\j -* >r o
•4 to O <J"r\
~l
u
,-1 fM (N n
n (-4 -^ f^ (^
in (^ (N ^
^
3
^
00 >]
<n tn ry (N c
ry o IN r- o
nj rH 1^ o >I
r-
o sto>f^iny3 -.f^rrHinCT- >tu-
o
00 ^
Vi
sasa
O C- xD O oo
>r n -3 00 f^
Si
C^ (-> 03 rg iM
■H --J
- s
o (^ r- o^ ■-(
IN to f^ nj r-
m \o xo
ir
c^
t-- >!■ O CO r\
<N ^- O >0 «n D- ir
rg y:
c
-£
^ n
1 g rH I g ^D yl* ^ l''^ *0 O^ sL* ^^ ^J i v "—^
^
5
%
as
«>
l> •£><y' r-l
og P- O r^ ■-*
a
no4(nr^iT> njnj^
■^
Cd
r^
>n Q (> n r\j
Q3 JS. f^ [^ ^
O^ rH Q rt rg
(-
o -o o -H CO o m 00 to rH o^ <^ «o a
u-
IT
CT« •£
*
"i
«
OS ^ CTv O fM
m r^ CT« C- C^
t^ O- C- .H «n
cc
^ to 00 c^ [- n
f-
3 tl u
Ii
to C- t^ i>j
Q -JD CO r~ r^
S52SS
fl
m vo -— p-
r- -.
0
O O OJ o*
o cM-^mrHC- r-nooo-n -4 .-t ^
i;
t;
u^ m (N to o
0« m CT* O to
-i.
i-^
c> CM «~i -xt r-
r- .-« ^ o vo
c
c
s
^
3
7
%o tn f^ n n^
„
^ c
a
u (u
i :
>J O -H (^
to to f^ \0 m
^vO-sJ-sfiO •oo-^>-
II
->t «o f^ rH a-
:}SSS2
^
rH -^mocoO C-OOn-H rg.-(w.-
ct
p- ^
1
g
■£
Si'^
'"
S
, ,
, ,
,
t^ n .H rg en
ON (M > lO a>
^
1 ) 1
1 1 1
,
1 1-
a
?
0> r-
^
§
0)
^
lE-f!
m
o
o
, ,
, ,
,
? In t? 0\ ^
f^ rv >i CO 1^
1 1 t
1 1 1
Sk
s
£1
S
r
m r-
fJ
"-"— '
— ' ~— —
— -• — — —'
■"■
"-
w
— -^
h
N
■H
s
tU
C- 0\ *P OV
s
f- rg
, ^
s
C
3
a3f:SS
S;3g:g5
D
^
*
f^
n oj (^ m f^
f-
- ^
^ ^^
c-
in cr
. s?
tn in o^
O eo m to <^
s
i
5
^^
&
O \0 iTl IN
m m -o i> vD
ni ,H [^ O m
(^ vO ^ nH vD
rH O* O vO .D
rr
\P OJ ^ O rH rr\ Ch
t nC
^
g:
O vC
„
i
8 o m m o m— .?— -
>j f^
^ rg rg r-t rH
s
!Sk
1
Z
s
!•
Ih
t
^
s
>
1
m
4)
t/3
1
^M|i
^
(J
»
t^
N
0)
g
: 8 8 8
§§!§§
8 8 8 8 §
$15,00
$20,00
$30.00
$50,00
$100,0
S8"8"^-J
«
888
§8§8§
88
^
§8
(>4
o
O lA S in
o o o o »
tH fH iH (h
^
S
If
Q m o m
o o
5
'a
1
ii
..°^»«
f^ r^ -.J -.t <n
»'«»«»«'
3SS;iS
&s
Ss
g
o
^-S
s
Die return
30 under $
,000 under
,500 under
,000 under
unde
unde
unde
unde
unde
unde
unde
unde
unde
unde
§§§§Q
a
5 ^
der $600.
00 under
,000 unde
,500 unde
.000 unde
unde
unde
unde
unde
IS
5
o
la
s
§§§§§
§§§§§
8"S8"8"^»
5^
8§8§8
§8
-o
ii
8
n^^^^
ss»s*
S^^SS
-» ■^■«4 ■«»-«*■
■«■■««■ **■«»-«**
6 z
gS;JSS
gsa;4a
■«■♦
»s
^
^
<s«
J5
2;::a2^
m
vQ
C^ CO O* O rH
(M (-1 >t m -c
r- to
cr. o
r^
ig
''
'
INDIVIDUAL INCOME TAX RETURNS FOR 1954
39
■\ ■£> C W <T-
J r\J nj ry rg
55
II
s V
s^
el
t;§
s :
S ^
H ^ +J -D
O d H V
e-8
^5
o o -^
fe 53
li
-a -J
c ■
I ^
I lS-8
I £
r- (M c- O
lA ^J^ -4- o
r~ CO lO >
M >r CO
SCorgrHO* ^^\^->t-sf^a tpr\;0\0\t\j omr^COON
DC-f^r-t^ tooco^t^ ^or-f^ya oou-intno^
^C^\D■4■0 O^OOO^iTivD OJ>JiriiNC\J a)>£)>JC^f\i
3SSg
C-- Ov oj .£)
Q to (M (N ^3
cf> o^cn u-\ St
r~ CO r^ iTi 3>
o vo ^ r- ^
0> -sT -^ f^
OJ -J vO
kA r^ CO O^ 00
t-- o» f^ rvj iO
%J .-( to \0 "A
lA AJ O ^ CO
■o t^ r^ ^ ^
>t >0 CO (^
1 ^ r- > o
s ^ t^ OJ f^
J -} r- \D ^o
AJ •£) AJ Q -^
[> C^ Ov 0> O
m m m o f-
to O ^ \0 rH
o Ai r\j to >j
O CO I> in
rH CO to
0\ 00 O ("Si AJ
■> o E^ c-
D rH N C^
M (^ (»1 H
- ^ lA
>j vt r- o* <M
AJ AJ AJ 04 AJ
O -i) O^ ^
>!■ .H M to
lA t- f^ n
lA AJ O AJ o
ri tn Aj 00 >0
^ AJ ^0 ■« C*-
rH lA Aj lA cy>
CO O' O t^ lA
t^ <-t CO CT" CO
PI Aj oj A( oj
1 r- c- o^ Aj
J 0\ to AJ o\
J CO O O rH
O "^ ^ vD 'O
r- o Aj r- o
r-l to -J O" ^
-»I •£) rH lA a»
CO n »A Ai !*■
m rH lA O ry
o> o o »o to
1 jD >r o
- -3 ^ CT>
[^■3^CT> Ajnry-sjvO
3rH lA C- ("^
o >j f- >r
1 ^o o^ N CO
»A ,H c^ r- .-<
CT» AJ (-1 c~- ^
AJ O <^ "^ >A
^ (T" C- IN rsi
r^ Aj o^ O -A
lA iA f^ f^ AJ
>A r^ vt C^ O
[^ lA to O ■-<
Ai -t to lA
[> 0\ >i- vO lA
lA c^ CO ^ o
<*^ ^ Sf 00 CO
t^ r- lA --f rn
r- -^ OJ -H rH
-o en sr u-\ o
O Ai "A \D lA
AJ (M At fV AJ
CO O f^ -o c^
vO \D >f sj >0
lA AJ AJ ^
(J- r^ (^ [*- tn
\0 'O "O c^ t^
r- lA >t CM CO
\0 O (A lA CT-
to to rH \0 -H
CO >H >* "A vO
t> tn vO r-4 C-
O* cn C^ lA >A
AJ r- to \0 rH
AJ -J- ^ lA n
-rf AJ lA -J' f
lA AJ CO U-l f
AJ O »A At M
->J -^ [-- sO -i)
r- m r- lA (^
\0 CO CO -H o>
CO CO to AJ
O^ AJ >J C-
O fn c- c^
i-H rH O \0
»A -,(■ Ov \0 AJ
r- o^ oj "C "A
O sj C^ xO tn
CO <H 00 AJ (>
lA O AJ -^ rH
r~- rH CO o -o
lA -.J -.f rH r-»
a» AJ vfi CT» sT
to AJ rH
C^ •^l■ rH lA -O
-* O C C~- lA
CO >c -o o^ to
a> tn o !>- A)
o o o^ c- ly
rH -J lA AJ O^
f- n -J- u
rn rH 'S' C
AJ tn U
C-- O 'fi o^ o^
rH AI >f CO m
00 rH n -J- lA
-^ r- <A St r
rH lA lA lA r
>0 AJ sT H ("
fn C- C^ -* O
AJ (^ O to O
SCT« O
t vO '— CO tn
IM >0 O -tr«
vO > CD [-- CO
n tn ^ AJ CO
•o r- o xo o
O 00 fn AJ AJ
en tf^ O* ^ pS
lA C^ >0 O >J
rH CT> lA C^ CT»
■X) ■-* f^ rH
3S--
[-- O rH fn c
§sr St n c
lA lO Ai r
00 PI O* (n <A
lA tJ» m m lA
vO O^ a> lA rH
fn O -t C- ^
AJ o> CT> m fn
> cr> o rH o>
3 rH rH 0» tn
^ to 0> AJ t>
t "A 00 t^ vD
-i) O O -^ CT"
\0 CO o* rH n
m t^ rH O' AJ
>0 lA O vO AJ
O CO si Q O
lA (7« A( O lA
lA sf O CO rH
fA O^ C^ 00 <A
fA rH O 'JS <^
AJ fA a» O rH
>D *A m AJ AJ
lA n
rH sj- AJ sj AJ
t t I I
OrHP-OrH mAJCnfACO
lACTitMAJO^ rHONrivDvO
vOCO>J\OtA rHC^O>rH
C> lA [> [^ > AJ
00 to
Ai a--
t> CO
(-y lA
sTo
o to
3 n
o n
AJ 00
So o o c
o S S "^
o o o o
OrHAIAJ mtnsIstlA >OC^tOC7>rH
. -■^■«*-w- <*■«■■«&■«■«■ <e- «»<*>■«» <*»
::«»tHt>^ (HFHtnF4r-< L.i->t-<(-<t^
H 0)11)0} o)o)<ua)0> Q>ojojO)Oi
Sh'D'O'a ■O'O'O'O'O T)'OT3'OT3
;«§§§ §§§§§ §§§§§
"§000 QOOQQ ooggo
u Qoo ogooo S9x9S
HOO"~iO lAOiAOiA ooooo
S-OrHrHAJ AJfAmstsf lA-CC^COO^
f -te- -Wi- -te- «> ■«©^-«-*3--«6--t» «i «> to 10 «>
lA O O O C
rH AJ (A lA r-
(^ t. (. ^ 1
o; o> o; 01 c
11111
O >AO O c
■•»«»■•»<» o
0> 01
O) 01 I
8 '".°.'i
O rH (M AJ
■<» t^ M l^
oj o; o;
t. TJ -O T3
" §§§
(A m st -^ u"
Ǥs
f^ h L. ^ ^ In B
OJ 0) OJ 0) 01 OJ
TJ "O "O -a "O "o i^
§§§ §§§°
8S
«> W W3 CO «»
■l(A--t->t lAiDOOr-
O to
fA AJ
3[-COO^ °'^^!I!l'
^ "
B O 01
t. o -P
a> o CO
€-> ^ E
T5 ■«■ a.
■h* to c
0) 0) -n
u m *
I B d
3 p 1
o -«
^ -p
o «
US'
to -O a)
to rH t,
O 0) <ll
rH -H Q.
I 01 A J=
■a C rH
S ^§8
O H^ ♦^ lA
b, o> OI-<»
■ Q> 01 J3
■D -a •J
■ 3 3
oj w CO < <; I-
40
INDIVIDUAL INCOME TAX RETURNS FOR 1954
iTi >0 t- CO (T-
r\j fM r-j f\j IN <M
t u\ •£! c^oog;0 ■-I
RS
I Z
' S
o| O ->r •*) O'
a ON 0
iO -^ vO CO O*
> O 00 3 8j
c^ <n (M
^D t^ « CO CO
o N iTi if\ o c
-* ^ f^ O m lO
O 06 (\( n t- •^
«o o o >ri o iTi
O <r. sj c\j (*> r\j
S'O r^ t^ c~
£-■ P- r^ gv
P- C- c\J o &
C- -O O^ i-l
OJ (^ vt f\J
O o -
C^ CO u~\ '^ <Tv
^ CO CO t^ fM
f'l r\j n o ir>
o o* f^ >o >f
Ov irt ir* -^ c^
■H 00 »n \o c^
C~ CO
!3
J3 -U
O •£> lO -* Q
•sj -st lA -O f
>I (^ c^ ri^ (^
(-U -^ vO r-l .O
O <^ O [*- m
0> C3N \0 CO -^
nj m c^ rv 00
CM c~ sD c- C--
r;; y3 -^ (J.
•O -J CD —< -.
>A (JN C^ ^p \0
tr\ r-t O O in
\0 (^ C^ CO o
o >t o c
c^ «5 t^ r
vO t^ C^ *D iH
fH O O O M^
\0 -H (M iD
^ i/\ -.f i*^
s ^
a:
I O > i«J
o -o CT« r- iri
(T O CO r^ (^
f-t CTj ->r ^ i>
>f TO <M OO fM
CO to -.t (M to
ir> to m o >t
^ fM t^ CO <A
OO (M O Qi lO
O C-- f- o> OO
rH CT- [^ >0 <ri
O* > > P- r-
vo ->r i> ^ f
O (M "^ O U
vj oj .-< O C^
p- O to O -^I
vr 1^ -H ^
<7> 00
OS P-
■S<D
I P- P- ^
3 CJv O
>-i t^ 00 O t^
p^ o -^r p- p-
P- vO [^ f^ '^
!^0 CO P- P-
-J r^ (J, to
H -^ ff. <^ P-
-f fM lA to •£!
ir» tn \p (M n
\D <-H O -J P-
53 R
f^i fM '
fM (?•
li
■^r vo 00
00 cT* o* r^ -^
to O f-l v\ -4
P- fM O P- O^
to tn m i-H oj
.-I CT- * '^ S'
>t iH m m vj
g 1^ (A lA «
3t Jii c^ :J *"
f*l O ■* "H >
rH (^ 3 <■
00 sD
\o f^ p- -^r ^
j3 *>
a to (^
lA O
CO (> .-<
f P- sD lA rn
t Oi O '^ CO
8 0 ^ ti
P- lA r
(M P- f^ CO sD
^ %0 CO CO lO
CM o 00 n ^
-J- .O i-H (^ rg
lA ^O C^ CT> O
sD CO C- u-v P-
P- ro tH CD lA
vO lA O* C* 00
lA O O ;'f C
A( r-H r-l *^ a
lA -sf tn fM r-
3f.
li
( p. vO o
^ P- (A
^ CO C^
•O CO
N CO a> -H c
3 ^ t^ AJ c
s -^ O >f P- <-H -J
J -J 00 o <n o o
CD <H c^ iD "J
00 CD -.1 (M »0
00 vO rH (J. -J
f^ CO O <M ;sf
00 P- >0 O <n
>A O O C '-•
\ -Nt Aj (n .-
^ s6 lA O u
i-H fM ^ rH O
lA 1^ O CO -J
C^ P- vD lA O
O P- O »A --t
I CO >* lA
p- -J 5t
>r r-t O
4 2 -O P
fM CM 00 O n
■^ r\ >t o f
\ AJ O CM f
^D CO lA >I vO
^ rH O AJ ^
fM O CO vO t^
CO AJ O P- AJ
AJ ^ to fSI fM
V* P- to -^ \0
f^ lA CM CT> O
vD O t^ -.1 P-
J Q fM .H rH
r O -^ Ov CM
H nT O lA O
P- CM lA 0» to
SfM O CM CO
CD lA OO -^
CD CM fM fM <-
O CO
AJ O
-^J- fM
a-5
J3 .J
I >J rH ^
r^ CM ^
P- o o
rH O >0 P- U
Sp- p- o; c
lA 00 o c
3 fM ^ Ov p-
J r-t O (T> CD
H Ai to -.J r>
!*■ *0 O Aj (^
\D AJ -D 00 lA
■^^ <T. >f f^ o
p- Nt .-1 r^ f^
-ij Aj ("^ r^ O
•3- O O A(
C^ ^ CO CT- >t
CM O Al P- CM
~ Q -O to 'O
3 O «0 P- '-"
1 lA CO O^ CO
to -st P- f^ >0
■sf (T> 'H O O
{^ lA -J- AJ ^
P- ■D
O CD
lA CM
3 Ov t^
^ fM CI
n ni <T. lA O
'O -:; -:! >r ""
-* o -i) OS
So* * >o '■
^ O CO <-
SrH CO -st C
r^ >A -J -
O- sO ->» c
|8S
0<-<fM(M fnn--t>t'A
1 V ^ <V a^vvo)!!;
atHTJ-o-D •n-a-n-rt-n
U, U l4 u u
4J tU 4> O O
■a -o -o -o "O
Q§§§ §§§§§ §§§i
^ c^ r^ -~t lAvOP-OOCT- OrHCMC
lA o o o o
t> Li l4 ki L.
QJ d) 0) OJ QJ
lb 'O "O "U "O
§§§§§
O lA o o o
.H .-H fM en lA
>A vO C^ to ON
S
01 01 0) u u
T3 T3 n tJ o
§§§§o
w «0 <»■»>*»
\0 CO <-
-"(MfM C^ci-J-^fif
oioio) o>oJO>oia) (i)a><
Qti'a'D'O ■O-O'O'O'O 'O'O'l
»*»<&
INDIVIDUAL INCOME TAX RETURNS FOR 1954
41
\^oc^toa> o>-<fN(c
(Si r\i r\i c\i l\l <\i
;3
(Mr-tooc> D-vO(M
sDt^u> r^ \0 f^ f*^ r\] >f-.4-f\|C0
O TO ^ O ^
rH i-l •& <^ lO
O a
B
- ^ <-< ^ -X)
N CT* sO CO CO
^ f- »n ^ >»
lf\ (*1 t-H (\| O
Al Ov ■-^ CO OJ
O <f> iH (M it
TO O <0 vO u^
> -J >0 O u^
ul O ^0 fO vj
(J> fM U
"-H -D t*- -O TO
,0 vO %0 >0 ^H
■M "^ >J CT' -J
tO -^ m TO >C
-H eg ^- O TO
ni ifi \D >D D-
™ nj o> 0> ^
O >ri -^ rH rt
TO ^0 --t (7> -^
t^ >0 •£! (^ u
t-- \0 \0 -^ C
-. .D O O '■
<r\ <D -^ vy a
•^ \D C~ \t\ c
--• >J -* r-« y
S £
II
(*\ f*\ TO f*v r^
■> TO CNJ
-o r- TO 'H <-*
0» -i) ^ r\j C"-
;PR3
S;S
o r- o u^ o
tM -^ vO O TO
r^ IM ,-1 rt
-.J C-- f>J fM O^
\0 <r> o rvi f^ o ^D
\D (^ IV ^X> kfV -.f f^
ov >D O -Xi >r> ift o
•o so o r- c- TO -.f w
lO -O 0» ^ TO
TO O^ TO (M (M
t^ TO (^ Ov C^
ry (^ TO 0» <r»
r-} >J O ^ .£>
TO O- (M <^ TO
o "-i -a >
lO >t O iTi TO
3,022
10,415
35,814
44,913
44,753
rH nj .O
spa
as"'""
O) ^ C^ tf^ C^
8 IT. O ^ vO
§ss
'3
feS
r\j TO
r^ ^^ rH i^ C^
rn if\ C^ O <rv
O rH O C- .-<
TO ir\ -vj TO o*
<J» O -«I TO CT>
-O (M Ji 1-1 ^
O rv sO ■-" CT-
JS35(
O -vj r-1 ^0 (^
3C- O \D C--
-O -J 0> '-'
3 —
O —
\0 0\ Q» \0 if\
(^ r-l U~l Q^ TO
■-f O -J r- m
O T* >j-
CD C-- (M (-1 O
-^ o ^^ r-- -^
Oj r* O^ TO rvj
■-* C^ O O m o TO
vo >r r\j o o t^ o
i~j •-< -^r >i -H o o»
O -.f C^ 1> Nf
■r. lO TO (^ E--
rt o o ^o o
^ TM -^ -st 1>J
rv >j TO ^ f^
4 e-s
(^ --I O* O f^ TO 11^
O* 1— I >D >J (t rH to
-.f O -X) TO O ^ O
'^ rsl IM -^ in ojM
rH TO
r- o
^ C^ O %t f^
3 -^ iM in -^i
^ O iri O O
TO r- [*• f
TO p- in c
o\ S
Z| -o
fM -* "J -* C-
^ e«
(^ (^ O r^ rg
r^ 0\ •* «A 0»
■-H rg TO >D ^
TO >0 TO tf^ CM
STO CT« TO -tf
-4 C^ -* O* f^
-4- 0^ CM -sf C^
rt -J pi » (^
TO -^ C-- TO -*
r^ P- lO >J >t
rl iTi rvj (M
O^ c\l c\j
TO iTi \0 oj \0
ir^coO lO^ruTOU".
-J- -^ r^ oj r^
C- rA rg O O
(> --J O^ O- C^
O C^ ^ lO TO
c\i c^ O (J', if\
5iO <*! lO O
-J- r-( O rf>
a- TO
in r-
O TO
£1 +J
C^ TO f^ TO (^
i£l (^ TO •-< (*■■
>-< O^ oj O \0
3^ Oi t^ CO
O .-< f^ >J
.-I (Jv O TO <-
r- rg og ^ u
O* i-H r* o c
^ oj O p^ O
O -J- r-* 5- TO
oj r\j .-1 rg c^
S £
fi-8
CM >n o -^
gs TO
:}g:SS
o> •-*
rvj f\, _H ^
P-f^iOC^-TO ■-t«-*TO'-<C~'
fMir\>0'-">-H Ovi-i<MTOO
r^ f^ vO TO u
f^ r- r^ (M
o >J TO t^
-J- c- o o
\D ^ (M u^c<
i£
r -o d
TO '^—'r-
IE
-I ■£) r~ lO t-
iTl CO O CTi -^
O rg fM rH
So O O
O O O
) Ti O "^ O
C «»- U b t,
3 t. -a TJ -o
V V 03 at <u
■a T3 -o -a xs
§§§§ §
(< u (. (. 1
^ o u^ O
<«* «*■■«»■«*■ »>«»<0-«
o o o o
»o c- TO c^
o o o o -
- - - »o
M-1 O o o o
«»^ tf> »><<»
0) 01 01 0) 01
•O -0 T) "O TJ
§§§§§
8 0 o o o
Q O O O
o o o o o
o lA o'er o
^ ^ CM (n u^
m iO r-- TO ^
*»***>-«o- o
a
u u u u
V ei i) V u
■O TJ -o -o o
§§§§o
o
o o o o o
o § o o o
O O O Q O
O u> O O -
rt .-( OJ lA .-«
o o o o o
O O O O Q
O Ti o m O
«9- i^ [. I.
01 01 a>
»- TJ tJ -O
§S9S
n f^ -sf -4 in
<e- ■«» <fr ■«» «>
h ti k. u (h
0; 01 ot o> o>
"O "O "O Tl T3
§§§§§
f-. u ;. E
09 OJ OJ
■O TJ -O t.
§§5°
3 ■«*■«» -t*** «!»<»<*>■»
c^ en <^ t*\ r^
c c
42
INDIVIDUAL INCOME TAX RETURNS FOR 1954
H o
« I
.J
I %
-iryf^-^- »Avoc~-'
,-^r^'^^-^^^ r-tpH-Hi-ii-l
^ s :
§ 1 =
o 5 "5
o * ^ m
a e
^. M X o
0) d (0 u
XI H <-> c
II
(M ■^J fV O
ri [- ^O -J
tn CJ> CO <*!
Stjx rvj to
p% O 0^
C^ O H C^ O
n n iH n o
oj n r^ o* "^
™ "'COO^CK vOr^i-Ct^iD irjKDm%lr\i
«o>t o>a3c-i> «Jo.>Dt^o; 'IJ;J!^3t:^ SJUC^Stn
oc^ f^\Dc-a><^ -j-.-io^fM\D o^f^''^i?'0 ^'Ti"2*S
^'' rHrtjr^-:j-.0 riCOOJO>l> c^JkAsIS^O vO-D-H^O
i^ ^ r-i <\l r^ f-i co^oo^^f^ mrv-j-iHi-i
I ora CT-irvOC^o fNt-^rHtom cooorHO-rj :2ii;<;'':?2;
S-iC- o^c-^p- iMvD^O»ir> -.jf^r^Ot^ QO^'jry
— ■ (H riim-vj-st"^ rvr^-j'rHO^ o>>jrQo\^
IC-^CD iA(Mr-ir\IO^ U-iC-\OC^l^ O'SlP^J^ '^ftK!!]^
Vj^O to <^ ■£, -if^ mxD^Ot- :1SP£:!£1^ n9^mr^
oirHr^ \Dr~->tAo^ tf>njrHvDrO MC^C^.-1-sf \D>f>J^a3_0
.-To-o in ■-7o>'^'''^ co'ini>''ot^ °:::J!^tC^ 5?, 5 91 I^ ?^
rnm Oo'r>r\j^ oofyinO-O ir,gOt>(> '^rljSdS
fMi^l-Oa-^ ryrJyDCytO OxOrn-*--i- lACurirHrH
O 'J- TV O ^
aO^ f\ vO TV
rH ij. t^ C--
I 03 [> CVJ
St g rv
vD CO -rf n Ti
vJ3 O f^ C^ <D
CT> fM r- f*^ ^o
O [^ f- \0 u-\
en o) lo -£1 o
rH r^ tn m ^
f\j tn in ^ CO
CO r* o o o^
O c 1^ >o m
to m O lO CO
oKtNj iMOi-irHr-- \D'^rHO\in meDnjc~-r-( ilQl'O^
t e^
15 £^
i *
^ lS-8
e-8
coa>o ojfMtniAa- inmfcoo
njCT>co ^lA^fto-^ mmtoc^O
3 ^ «D CO
333
o r-- -J to fM
CO o cB CO o\
lO <n to nj (^
S3
•J3 -t
H ^ •>! O' (^
- r-H r- U-. r-
3 tn (J> d- c~-
rH .il -J- r-
>t (N O a
CO O Aj 00 \D
in (^ oi ^ m
m CD f^ <*! O
oj o vO CO m
(J m CT» ni r^
i 0> to
OmeoinC^ incoo^->j-»f JvOnj-*
> o r- «o ^
3 vO -si rH CT.
J ^ C^ tM .-«
-213
CT- O CO -i O
1-1 m 'O O CO
m o in nt m
-£) 1^ <?• •£) o*
nj m O C^ CO
[> o- [*• in f^
§vD m CO -O
C- CO -^ fM
i-t O CO t- r-
-^^ in m m r-
to o^ P- rvj f
t- c fH CO -sj o r-
t> m O t^ \fi O m
O I— ' (n t^ to to to
O f^ m ^ C^
(S nj
to c-
H r- sT '.O iM o^
mnjoom mvomr-'^ \Oo^in v
lAff-njmnj nHvtnjnto^ >Oi-i^—
inco--t\Dm -j^-c^O^fn tnm
to tn tn O --f
CT>. D- -J to p— I
(-H ^o sO m *^
^^^5co^n mto--
^ (vj P- O^ >A ■J' •-»
CO O --I (n f^
tn CO 6\J ^D CO
CT' -D {J- fNJ -JS
1 CO ry o 1-1
i^[^(n^tv. [^(jscnt^co ^ini-i>jr
QOmnjoiO r-"inO<Hg; "JWrnr-t-.
OOmOfM O0•fi^^)0 m-JOP-r
o> ^c o
fSSS
rH f- nj
SB
) o o
58S
?8
.• -■'«)--«>"^ «*«■-«-■»«»■ «»■■«■■•»■•'»■*»■
dij'D'O'O ■o'O'O'atJ ^>,___
l^lls §§§§§ §§§§§
■n o o o o
_ .-H oj en in .-I
•O C~- to O'' 1^ •*■•***■**'•*
(itn^ti^ moiivva)
4ia)4)a>4i ■o'O'O'O'O
moo - 01
r-t f\j m rH (-.
«>«»-«»-«> o
§§§§c
I. L. t.
U U t-< U t-
t,a> gu-o-g-o 'Q'H'S'S'S
T3 -a
588 8f
1 ^ ^ m iD ["- a
«»*s- -««■■<'»■«■ <o- ■»■»•»■■«»
3 -w^-w-W'-ws-
fy tn en St "St
a>
•o t.
go
o
^§8_
- -O
3 to r-t
»«-■»■
§s
s vO r- to (J*
5S(P;
INDIVIDUAL INCOME TAX RETURNS FOR 1954
43
.-1 nj (-1 ^
■A M3 C^ CO 0>
O .-t Aj <n ^t
m vo C^ CO (^
O rH fM f^ >I
m
■£
t^TO ov O
rH
^
en
^
lA
so
E:S
0?
O
^
AJ
en
-»
1
OJ AJ AJ AJ OJ
CM
AJ CM Ai en en
en tn fn fn en
en en en ^
--I-
•-r
^ -*
'i ;
P O* CD
~1 CD <A CD CD
CO o r- lA o
t;;S^^S
>o 4A tn c^ CO
At <A rH rH rH
lA
in
-tf P- -J rH C
O. TO -O O
TO 1 <n
P-
A
OS en
lA tn C~- ^0 >£>
fn lA TO 0\ t^
en rH nD TO OS
c
OS
lA oi fn sD
OS O"
o
^ sD
^?1 o
OJ r- .5 o^ yj
-^ -.f en tn o
^ (> cto t^
P- O ^sO^
sD f->
-.t
^
rH ^
5
§
«
'in
rv rj lA
>j -D a* o o
Ov" P-" en fC cT
fn r^en J'.-T
^0 r-i m d u^
r^
m'
ry ^ >t sO fn
r^ t^ .-^ ey
r4'^
en
•0
ss
|A U-1 pt rH
>r
OS
lA
c
■^
! ^
lA
tA
1 ^ r^
lA en C- O (^
CD lA B >A OJ
DO lA fn CO C^
O sO C'^ 00 TO
in
en
O ^ sO OS m
CM rH sO F- r-
sr OS CO en
sS rH rH ^
m rH
en
TO
TO O
5
«H
gSPiSS
•>t -^t lA O O
CO t-- OJ C^ OJ
en
•£)
TO C
3
^ r^
•H
o
(^ CO
rH 0>^ vD [> OJ^
r- r-i r- to o^
iT.^ t>
>1
A
OS M' C- rH^
m in
CM
m en
(,
6
s
■N rJo^
S3RSS
•O -D (> oo'o
RSRS"2
ry
^
M-
bTsDsO ooen
O ni OS ■-fo'
r\r^
fn
§
oS o
■d
^ 0> vD -.f m
5
rH AJ OJ AI
AJ rH —
CO
01
rH
-J r-
c
o
1
"
^
1 O M- «A
r-t o »A a* <J'
^ r-t a* t> (n
tn o ON -D OS
spass
<T>
O)
OJ TO TO O rH
O CM in (T. C
rH r- Ct
P-
j:
2s
^AA
tn a- -1 vA CD
(J, ^ (n C AJ
sssss
O sD >£l P- If
CM
p-
o
1h
lAfno-^^
TO DO Ov t*- m
r-T
s£
P-
rH c?rH fn fn
55,6
45,7
35,8
21,2
12.8
S3- 3
rHTO-— A
o
•st
TO K
C^rn'r^
O uC y3 fC r-"
en >j (n ov rt
1
!N VO
O Aj >o o o^
jH r-« (N xO >t
r- ^ OJ rH
s
r-. AJ lA «D sn
--t
?
OJ. 01
1
-•
^
1 O (n CO
vO O ^ O ID
KSi^SR;
-O O O CD CD
en >I rH CO r-
D-
C
5,794
5,131
9,384
7,458
3.733
sO so P* Os TO
SP P
en
c
en cr
<D
<M
So 'O
O lA T. Al fn
CO D-00 -J rH
Al Al 00 « lA
P- O^ CD rH
-.J fn sD m t--
m
p-
•£> O
ffi
o
P
s
lA ■O "-N^ -.1 l>
■-f^-T fn o OJ
OJ "
o
c
0
rH yj SJ3 TO i>
CtTsO AJ rH O
rH O rH
rnOOfSl rH
p-
ya
p-
1> Os_^
TO TO
C-"'\0 f'T*
sT f>J' -A c;^ C-'
CO -J lA Q fn
oTvO ooco
o7-H lA eD'cC
OJ
« u-1 O
O -O r^ fn CD
O m Aj
s
sb
^ m ov » P-
-t ^ -^t o (y
•i\ ^ r^ ^
sO rH^
AJ
r^ P-
^
ry «0
O W O >A <M
f\j m lA >o iA
1
L.
(n —1 i-i
>£
^
c
cn p-
^
o.
1 f\j m (^
lACO rsjco t^
xD ^ rH -,* .C
m A (n OJ lA
»0 f^ >r r-l OS
5§S§3
~
-^f
rH ^ sO rH rH
O P- AI en rr.
lA p- ry en O
OS 1 f^
TO
C
TO CM
^ CO CM
vo o* CD f- tn
A
in
p- CM AJ yD m
3
P-
CO TO
*-■
g "
"^■^ ^
CD .O rM lA ^_
r^ oj^ --f t> O'^^
K [> ^ ? ^
CT>
AJ
m CM OS ^ ^
t^ TO m fn s
-st^
Os_u^
.1
§
" -S
s
^ l> -H
lA rvT ia" (n c^
(n7 t^ c^ ^■' ^^
oS TO fn K 5
rH en ^ .^ f..
s
O] -^ '■O ">
iA''enArrH'
en
OS en
0-1 lA ^ r- C--
-J' fV o o c^
TO en m rH rH
m
5
sD P-
+J M
^
e^
AI r-^ Al AJ AJ
en
fn OS
* C!
—
01 Cm
1 .-• -st vA
O >J O* rH O
fn A( iH r^ en
(n rH O -H OJ
O AJ y3 en [--
lA
VA AI t> C~ P-
sO vn CM fn so
-.t 1 ir
s
2
P- c^
J
rH ;^C0
CO a» \D ^£) CO
NT lA O^ rH nj
fn O vD lA D-
^
C-
^ O « OJ sD
O lA P- rH £>
TO ry fM fn fn
?
^A
X^
O
<n o o
O rH inCD AJ
ov CD i-i CO m
O AJ t- o^ o*
fM O^^ CO AJ
OS
tJs
O OS -4- lA \(
m
k.
I
CO o^O
O O fn O* CO
~J CD \D O O
(n CO >j o^ fn
C-- r-7 rH
■.£
fn rH in tn lA
SSRS-^
o"
c\
-.1 TO
ID
V
^ ^ Ov
(M O vO rv lA
SSSSSS
o rH c- o* >r
^
fn OS -^ -* OS
CM
■J
P-CO
E->
XI
>J lO C~ CO CO
«o Ot ^
rH r-l
P-
>0 AJ
1
V
p.
.-1 -H
OS
cr
^ so
T) -*
1 O \0 lA
O fn IM ^ CO
r-i m lA CO c^
S vO CM .£1 en
sD O ^ ry OJ
o
O
OS OJ OS C- rH
5- Q rH -J- sC
P- O ^ C- O
RISRSS
fn C^ 1 ^C
g
y:
rH in
qs_2Si_a
mco r5 iM OJ
^r
OTO G
IT
?I ^ CD
>A o tn rv O
rH OJ ^ so O
^ so TO fn O
OS
sA u^ in p- ,-
sC
-J- AJ
S
§
• «
r~
•0-4-
>j- m r- 1^ o
C *0 A( i-l r-l
en fn lA m r-
TO 3 OS C> CO
o
o
-.f C^CD r-Tci
p- y3 en rH ,-
o?-Nt A
O
lA m
O^ c
li
Ai f-i -.}■ in tA
332a=j
u-i rn coco CO
m
o>
u-
AJ •-<
.-H O
1
■ \D ^ \0 fO (J\
m en
Ch
«
1 CO t- o
CO rH 00 m >!■
.-t ^ -J CO \0
sD fNj 00 m en
C- O CO sO O
c-
en lA o. en cn
TO m p O -i
3S ' ^
s5 o o,
m -.J r-
TO
c
TO CM
+J r^
o
rH .£) ^ ■-( r«
CT^ -t --t "n f^
tt
-^
-.f P- -^ en rH
:J
t.
1
"S
2 o5
•H rn O O W
DO XO^ 3 tn rH
s
TO
^
3
OS sO rH en O
«0 rH OP^TO
-.1 en lA TO ^
u^P^P^oo in
o
en sD
sO lA
^"^"^"^
tfr[-"'oo''co'"iA
«0 inl> o^oT
C^Co"f>J o oT
CT> ry fNj
J3
rH <n [*• 0\ CO
m CO -J OS O
CO OJ ^ en lA
Cjs
rH ry >J sf s
<n CM rH
en CO
rH rH rH Jh rH
fn OJ (N rH .-<
sf Ol (M rH
o
\C
CM en
a.
=
fH
c^
'SSK
O >-l AJ -J t>
g; lA O CD tn
O lA lA -^J O;
[> ^ r„ ^ ^
so -5 in O co^
a^ <T> "A fn OS
OS
rHTO t> lA C
a O r^ V> (T'
m rH f\
TO
o
cn ■£>
\D lA W Q tn
SS_3gp
c
sD CM yD O lO
sO OS en OS -a
Oi --I s£
as
*i
i ;
O lA lA
vO 0__ -H O OJ
TO
r-
-str^CDO^P-
rH OS P- OS 0>
(n os^^f'
sO
>
O^ tn fN
CM ya r-j O' c^
,377,
,119,
,564,
,067,
731,
>o fn fn -H oj"
OO vd" AJ
s(
o^"do*'os"oc
/5;^"S;1
s
uCp-"
■o
>r Aj
O lA -,» r-l o
a:J5Sa
C^ ry ry
rH >i- sO U^
CMTO
s
■a
^
^
rH
AJ -st [- O .-<
r-
""
AJ TO
5
Al Al rH r-l
-<
■sf O
s
rH
C
1 CO O^ \0
O CD -J m t-
>I [> O OJ CO
CJV 00 i-l lA vD
.-( -.J en lA lA
m t-- lA -0 m
o
ry g. OS <n A,
sO TO rH m f^
O P- O OS DO
m J) e-
u-
sD OS
s
U-. f^ u^
?*x p- «'>eo tf>
en lA C-- O O
rH fM CM TO t^
OS
S53S'
P- gs cc
o o p.
-sj-
P- U-,
o
■JD C^ rH
AJ lA >£> lA lA
fn c- ^ .£) -.
so r- -J sD -*
^D- P- rH
^
vD O TO sD A
c^
CO
0]
t.
F
5
r-TcO CO
■H in c^ C O
fn fn fn a- oT
m g« OJ m g-
■^ O lA CO en
CD rvj r^
•O'rH rH
It
u^
oTiAC^OCI
?n lA OS c^ sc
s5S(2*
oTpX^
co'
?«
pTyJ
E-
CTv O <N
M r- Aj CO o
•r
ya rH —
t-t
,-> ,~l
XI
(^ r-
(M D- n C^ t^
OJ 00 t^ O^ <A
^
OJ en lA ya IT
CM
CC
O CD
1
0)
rH .H i^nj f>7
•-J oTrH
^
p-
S
z
r\
rH rH
g
t >A CO IN
ru m g; P- '-'
lA m 6 c^ r-
o <A r- r- t^
sO C^ ■-• \0 r\j
sO -o m cn TO
1 1 1 1
1 1 1 1 1
, , ,
,
ss
a >»
s|
ass
OJ -sT c- ^ r-
A) "A CT- O rH
SP;?:_S£
OJ rH ora to
o
f\
n lA -.J c~- (ji
f..- (j^ en TO TO
1
CC
o r^
§
^ "^ (^
*=
tn
r-T O^O
lA O oT-H rH
St" O rj" t^ -i"
C6 OJ lA CT» 'O
c^en r^ o c^
rH oTfn O OJ
m
rr
sO P^
I
" nl I"
nco
O C *A OJ .-H
n ov o^ ^ r^
ry rH y3 rH O
OS
O
O CO
t
!«^
■a
|i
OJ rn ^O Ov ^
OJ r-. .£) rH CO
"l"' '^^'^
lA CM m rH rH
OS
O
>r u-i
rg AJ -H -H
o>
O
fn -o
"^
"
g
1 :
■ «
1 1 1 1
III 1
1 1
^ en >i fn .-H
m >r O rH rH
f\
1 1 1 1
1 1 1 1 1
1 1 1
,
j^
TO
^ o
cu
§
r^
rT
rv'rT'eT'
o
§
II
—
^
0) •->
^
1 1 1 1
C- fn o Aj TO
CO rH in en en
c
1 1 1 1 1
1 1 1
OS
St
o
y3 sO \0 r->
OJ
ry
f^
iT" ^*
h. «
L.
m
a X
m
IT
-^ --J
C^ V
1
*3
~~
15
1 1 1 1
1 t 1 1
II t 1
1 1 rH O
AJ 1
~
1 1 1 1
1 1 1 1 1
1 t 1
,
^
en
1
1
§
§
o
w^
^
^
r- c~ r-
^
0
1^
«
1
ll
-!^
13
at
~
~
1 1 1 1
1 1 1 1
(1 II
1 TO 1 ■Nf rH
(M rH t^ > 1
c
1 1 1 1
1 1 1 1
1 1 1
,
C
m
<U
o
C^ CM fn rH
o
t.
B
r^ Ci -vt
-^ i-^ --i
iC"'^
a
L.
1
Q.
03
V
sC
sC
-^ in
S3
0)
X
H
0)
J
^
~
•o -.
1 1 1 1
III 1
r-
fM O^ m »o TO
fn fn 3^ In f^
1 1 1 1
11)1
1 1 p-
P-
C^
■a
*J
ti
-S~--
rH ^ rH -.f O
?
-J-
>
CO
—
ST
O lA OJ C^ sO
rH TO ^>t r^
c
^ i^ '^
-^m
o.
S
rH rH rH en
K
1
e^
'^
to
5
""
1 1 1 1
1 r 1 1
^
O f^ TO -J ry
o so ■o rH en
1 1 1 1
1 1 1 1
1 1 r-
^
CM
fT> en O lA rH
?n fn <A TO o>
TO fn sO rH en
IT
C- -O C- rH
<y
01
u
(,
5
■^ OJx_-~_' —
m %f lA lA lA
re
c
^ro
o
+J
b.
^
L>
1
i
i
: : ; i :
; Mi i
1
t
t
s
* 3
§ § § S :
1 ^
$15,000.
$20,000.
$30,000.
$50,000.
$100, 00(
r $150,'
r $200,'
r $500,'
r $1,00
more ■ •
J
1
fn
t
ai ■
iiiS
§§§§§
§§§§^-
8|a
§§§§§
» -CD
gi
■ • -«Q «>«»
ssiis
.o r' CO ctT rH
i 1
°.S3S
■ SS-^iii*
► SSS!
■* §
■5
c
i£ o
U .-1
1^ (h [h t, ^
(V <U 01 1) ^
3 1
«>
C«A. L. t. 1.
L. u t. t. t^
L. L. L^ L. U
0) 0} 0) <D O
Tt T3 T} TJ O
■» U U f-
(., t> (h tn F-
t- (h li ;
;
5 retun
under :
W unde
30 unde
30 unde:
unde
unde
unde
unde
unde
unde
unde
unde
unde
unde
0 und
0 und
0 und
0 und
0 und
,000 un
,000 un
,000 un
,000 un
00,000
1
E-
01 i;
(0 1
p $600.
under
00 unde
00 unde
unde
unde
unde
unde
V V -u
1
£
C
■C3 •■
§ 8 8 8 8
8§88§
S88SS
8888S
8 88c
■
m o>
1
i
.HOO -no
lA O lA 8 -A
8 8 8 8°.
rH rH ry lA rH
X 0
5 c
g s
OJ O O lA c
$2,5
$3,0
$3,5
$4,0
i iiii
-
is
fliii
iiiii
lA \0 f- CD (Js
E-
=
ix cc:
rH AJ (^ ^
in •£» r- 00 o^
O '-i CM "n -vT
■A \D r^ TO o
o rH AJ en -J'
ll
^ M
IMO OVO r-
CM tn ^ «n v£
oto o c
) rH
en -4
;=; ^ J ^ ,:;
M ^ r-t rH rH
ni AJ AJ CM AJ
i o
c
A
i c
•^
\ f
f
r
r
r-
c - -
f
c
1 N
t -^
>
-J
-J
*
I s
44S805 O -57 -4
44
INDIVIDUAL INCOME TAX RETURNS FOR 1954
laaa
Jl
S^f
r^ t^ >i c
> (^ rti C
TO o^ tn u
•O •£> r-l ir\ O^ (J^-tf^Or-^OJ
TO ^ TO TO rsj
I li
J UA -J 03
■O -H O C^
r- oj ry in CT>
if^ t^ (N nj 1*^
f^ t-- u*\ tr\ ry
TO f^ -O O rH
«0 to O* -tf IN
>£) t^ iTi ftj t^
f^ m ^ iTV r-i
lA [>- c^ r^ lO
ry ni to in u-i
-^ rH lA
r>i i-t c- •-*
D t-i m TO
r. -* f^ TO
>J ry CO ^ AJ
f\j ry oj TO ■i)
0> Ti >!■ CM fNJ
-D iH -J o :^
TO P- OJ C- sj
C- <M C- [> (N
CO ^ ^D en r-
•1 rH ry Al
<j\ m TO CJ\ f^
vo o^ to sO vO
%0 vD ^O f-^ r^
f^ t^ (M ry (7.
^ (£ >r O
■^ O CM TO
O O sO «^
m TO O* ^OW
§ 3
8 :
*A ^ J) r-
TO cr u^ lo
o \o -o r-
CO CO TO TO
r^ ry -o ^ -^
<-< \D yD O f^
ry ry r-i m >£J
^"^TO^r^-H
O <-I f>J f- TO
iTj lO C«- O ^D
[-* >t Aj u^ ry
^ C^ ■>* .-I ^•
[> n Aj m o
(> -4- -.f «^ (j\
Sm g« O lA
p- ^ ru (j\
f^ O en O (*1
*n o A) 6
> %0 O T\
TO ^ m vO
O O vO ^0
<— I Aj tn \0 ->!'
O --H \0 o o
O to C^ TO -*
rn O^ «0 Ty
CT- ry
^0 O
I 15
^ lS-8
rn O TO -4 •£)
>fl lA lA sO -J
r- vO rH -^ O
O (y to •-* --I
(j\ ir\ TO vO TO
C» O (J> vO 0^
3 CT» O- ■«* -O
1 TO (S -5 AJ
•O sO AJ AJ -H
t-- tn lA CO vO
iTi Aj ry r-t
^ O' *A >t t^
vT \D -J O to
O^ cn o\ CJ\ C^
S33S
r*^ lA -^ TO ^D
lA (J. >£l >A -O
TO <-H m r- ry
<^ ^ S ? pi
to •-< 'O o -o
-^ TO fn rH ry
cH lO -4- lA TO
oj 0< O '^ 0>
C- Al .H <J> O
TO O ^ ON >0
TO >r c f^
TOO O \D
■\ \D a t>-
H in TO C^
^ tn ff- O
> -.f kA o«
J u-v lA ?h
C^ O t-- C-- f
tn p- CT> nj a
C^ 0» O lA fi
p- TO -j^ ^D a>
lO (A to TO O
t«. lO o «o ^
\0 AJ -^ rH tn
O en t- AJ lA
AJ TO <ri iH AJ
en "^ ft lA --t
SO -O *A y3
<n <> en p-
O ^0 tn lA r\
^ ^ AJ r
> TO lA r
O* TO lO >J
lO O O en
^ TO Aj*y AJ
13 X
8 r
n «
lA O %D O
(T> P- (J» P'
p- ^O u-\ -,{
f O ->J TO O
f u-\ 'M vO TO
> JJ -^ O •>!
> o m o
- \D O- -^
3 m lA -^
- kA lA TO r^
1 lA fn ^ >o
H vO en en en
D >t r^ ,-1 p.
H (fl ry en fn
^ -^ »0 P- CT»
AI \D p-l
AJ m lA
TO >t TO
P- TO
■n rNj
lA O^ Oi vO CO
sD o o* a* vO
lA Af lA y? >i
•O O' ^^ O -A
C- O r-l AJ W
TO AJ en t^ -sj
P- C- C-- >I c^
s^sss
ry St en
-^ Oj TO >J \D
ry -4- TO -O >D
-1 <> O 0> lA
r- o ^ o -H
rH ox TO ^D ^
lA P- TO lO C^
en TO TO ry lA
o o tn CO <j-
Ov o* *^ f^ ^
li
C> Al C^ r- <H
^ 3 o o o
aO vO o
rH t-- m
TO sj- u
as"
3 in 3 -^ ^ S
AJ '^ fn CO vO
- fH -^J O en
- AJ en r\j TO
r TO \D --^ TO
TO >i lO (jv c^
rj ^ -A :< r-;
m -^ \0 -H «-!
c O P^ o> >-<
p- en CO <-( -J
TO vD lA O O
o« P-
{> O
^ lA O en P~
O Al C^ pi \D
■-< •£> (M TO (M
rn tf\ AJ r- AJ
O ^ -f ry »
AJ O ■-» O P-
lA AJ O AJ lA
At rH -.J AJ i-H
O -sj- ^ O^ --I
lO O' TO lA r
P- C^ P- rH C
lA -^ lA i-H
to (^ P- en lA
TO lA m ^ t^
o- TO >t o yD
P- TO Aj vf M
•-" MJ -.J p- -.J
\0 r\i >-*
3 P- (n lO TO
^ o
TO fn
,-t O
(;;f;
:;<
>/
01 O lA (T. P-
5 O O C
O^HCNJAJ '^'^^i.iL"^ lOC^TOO^rH
;«J>hti^ ^ht.t.>^ L^LiC^C^
't^TS^'O ^■Q^'O'D 'O'O'O'O^
:|§§§ §§§§§ §§§§§
lA O O O
^ ry m lA
r-* 1fH»-¥H» O
na;
I, ^^ u u u
<i> 0) m 0) m
■o -D -D -a -a
O <A O O O
.H rH fy en ut
>A lO p- eo o*
X) -o -a "O o
§§§So
fH rH r^lA -H
01 -o
^ 01
oj n
r-l 3
jo -^
bj -o
M «
V o
Di-HrNJAJ enen'f^'A vOCprHO) C
■>■*»■*»■*» «■■«©■ -A -«■-«■ -«■-«-«» F. 5
H O C
A>(l)ll) qjOJIUIllID (UDll) M
otiTj'O'o ■o'O'a'O'O ■o'otjih o
S^S§§ §§§§§ §§S° 1^
CvBi-HrH™ "''^^iLii "^ '^ iS iri
§s
INDIVIDUAL INCOME TAX RETURNS FOR 1954
45
i%ot^cOa> O'-irM'"
■in-jTlTtO P-tOO*0
5 1 '
J -X o 3
3 >r\ r4 a
O O 0^ <^
[^ f^ «0 O)
<;^ ift oo (J. c
r- o« M^ -* C
•O -J C^ vS '
C^ to r-l rt c^
o ^ ("^ a- f^
<M CO r-l >o *o
CD p-
J TO »D f-
ss
o r- t^ o^
r-l Nf fV 5)
P- T\ O O
^ ITS lf\ W^^
■< TO (^ O <N
1 O O O O
S3
I II
1 c ■■o
- O" * ^ ^
r -^ 1-1 rt r
r^ lO [> -^ rO
>r\ O 1-1 -J o>
O >o ^ <o ~J
(^ kf\ >f r-i n
•O •>? rt -si ry
;33R3
3:J3;
O u^ iTi fM r~J lf> iN O
f\ C~ O r-t G r>jeow
lA <j\ -C »0 ~*
t- rn, (MM
O f-i O >o
O '-' (-1 c-
TO TO -J- O
>j (> f^ a> c
<jv ^O fM o iri
0> "N <^ tt) ■»
--( -^ IN CO DO
O TO (N > ITl
-H u-i r- t- c-
O ij- .-i u> O
TO -J r-l ov vD
iTl O O >I fM
t-- r^ 1^
|£
TO rvj f^ nj
£> ^ t- -<
a> O •© ^O
^ -r >o c-
(j> t^ -o o r~
-sj in nj 00 "-1
l> in -^ -O -^
in TO ry
<j\ O O •-(
TO r- TO TO C-
in TO ^ --X •£)
^ oj "H lO m
O- fv t^ ■* O
m <^ m c^ TO
TO -J O* >n O
^ O 0> O \0
rv TO -o --J fn
O f^ ts > o*
^ t^ m -^ (j\
X TO
sD O
P- O i-t rsi TO
in -<f >0 fM TO
s 15
5S
O m
oj a-
o o^
i 13
III
TO -i TO (-1
vj -o m C^
cy. oj m O
-o \D r- o >f)
-4^ (^ m —I .£)
ry lA to {J« f^
I s-f
>n vo -nJ oj oj
TO ^D 0» C- O
m nj rH .-H TO
t»- (^ -^ oi >H
O^ O C"" "f^ »o
4»-hO iO»-*Oin\o
r- (J. (^ \o -*
\0 Sf FM ^o <n
0» (^ TO m o
C^ C^ C^ c^ m
C"* *-H O €*% r*i
irt > [^ C-- (-1
o ^ r- (M ^o
lO c^ n m Nf
f^ TO * r\j M
00 o
^ TO ry \0 n
fM C^ \0 O
O O O 2
O (M t^ O t^
TO O (M SO 4N
■r> (M fNJ r- <M
sO in ■%]- u
^ CM rt p
oi C- O rg ^
TO m r- (^ in
TO m O in O
lO m TO C-- m
l£
3t
888 =
?_8_S
a«* (. ^ L.
3 t. -o -o -a
|^§§§
§ o o o
V O O Q
^ O O m O
^ O - - -
5888
) O O '
T -^ >^ <n •Of- a
at ^
ii u ;.
01 01 01
■o -o -o
§§§
11
(. t1 (4
01 V a>
•o -o -tj
§§§
o o o o o
"^ '^ ^^ m ^O D- TO C>
m lO c^ TO OS
3 O O
1 lA r-l
3 -a -o
388
3 O O
\ >i) P- TO C
01 V <lf 0> (•
■a "O -o T) o
§§§§o
»? »> tf> «0<»
(N nj <M ry oj
3Q O O O O O
O Q O Q O Q
Omom Omomo
O^HrjcM c-it-i^-vjm
«> h t. t.
S^§§§ §§§§§
•O "O 73 Ih
§§§°
OJ O O U> o
■a o - - "
C vO .-I .-I (M
rJ €Q W W W
in o m o m
<M f-i (^ -^ >j
w w w w w
46
INDIVIDUAL INCOME TAX RETURNS FOR 1954
•> ■o [> m o^
o o -
1 «■
I'-
T C^ OJ ^ CO
y lA in C^ \0
H O OJ CT- t^
CO C- C^ \D
lA S >!■ f\i fv
CD r^ r-l «0 -.T
rH rH Q> lO
OJ \0 O O
fw •£) to C^<^
r-
nn
a
.f>
3
fH
■0 ^
I 11
I el
CT» ^ rv r^ -4 -J r
•^ C~ r^ g^ \D -J C
>0 O* CO r^ ■— 1 KO r
iC^Aj-^ t^^viSryr
r«OtM<A lAOCOf
inOOO ■o^'a!
IT. ^o ■O C^ >t
O m O i-H ry
O l> -vf m ^
^ -J £> On
O 15 -£>
>0 P~ ^ CO
o r^ IN lA o
n (M (i« tn r-
M vD O (T CO
-4- ^O C- r
lA <D vO tJN O
t^ r^ ^
[-- CO O
■ * J3 01
m B
in X o
c id o
^ (M r' u
00 O ly C
vO C- O CO -J
ry C^ CO O C^
CTi i-H (T- O O^
m -.1 O nO r
-.1 CO t- O r
fn -£) o ry >o
-J O CT- "A rH
rH O O C^ Ch
< O lA -I
^ rt r^
•D CT> r-H 00 O^
r^ n r- •O gv
t»l AJ C- vj- ?NI
AJ CO o
CO cn (^ >o
CD 'O c- m
Q^ ^ O <£)
O -^ -J o* •-'
J -H r- c c^ ■-
\D ^ O
Aj J- in
r-t (^ 1^
I £
C CO ^ o *o
f^ rH O O
m lA CO -.J
P- CO O^ At
\D f^ iO -it u
C^ CD f^ ff. -.
>f O O- O r
s-§
lA flN CT* r*^
r- ■o r- vo
[^ ->J >J t^
vO ^0 tn ry [^
■H AI O --I AJ
lO CT- >A O <-i
AJ ,-1 00 O' ^0
\0 f^ -sf AJ f^
Aj O O C^ f^
3 .H ^ CD O
-f \0 ^ g> --J
3 O ^ O [>
11
to n r-H Ai
Pp-I ->!■ o
AI -J' c-
O t^ O O (A
C^ Al (A rH CD
CO to r-l CT* fA
■^ xO CO rH lA
C^ O CO O -O
CO -* CO sD O^
H ^ AJ sD
aO vD
O D- Aj .-H \0
lA 1— I CO o\ CO
>f O C^ AJ Al
lA \D lA Nt I*!
H tn (A Aj kA
1 Aj lA Aj q>
1 r- o ^ fA
CT> O At O •>*
>o -t o <n -J
AJ \0 CO sD kA
»0 O 0> i? VI
O f- Ov C^ <■
l> vO
-sf ON
? s
al
-^ CO rA CO
^ O Al fA
CO r* \0 *A -Nf
OO <A O 00 o
vO vO AJ
'J- t-- CO <J. fA
CO o c- t^ i^
V C" v~ c~ cr
^ I> o
•O O OJ
•4 a^ ir\
S e-8
sp:
r- (H Ai u
r- >j ^ '
3 .H vD O fA
3 tA ^ fA AJ
H O- t- O Al
t Al fA »0 ■£>
SAj r- ^ -sj
.-I tA .-H r-
1 r>j lA lA o
'■4 AJ
o ^ c^ c^
lA .-H VA lA ^
lA AJ -si r- f-
SKSSS
S!=PS;3
Ai (^ rH r- lA
AJ >A CT, CO
r- ^ >o NO kA
CO W kA [^ -.1
AJ .A .O rA AI
lA AJ (A
O AJ (A
O 0> nOA
38 88888
D lA O lA O lA O
O'-tAJAj fAfA^-liA -OOOOOvr-t
■ ■ -<*«*** «>-<»«^ '!&'<«' «»«^'M^«e'«>
C«9L4hl. t,L<tit,l. l4l.t,t.t^
^t.'O'O'a 'O'OistJ'o Tj'D'CiS'a
ss§§§ §§§ § § § § § § §
BvO'HrHAj AjrA(A^%I iA>Or-000N
u u ^^ u u
<o m V v ^
tj "O T3 TJ ^
§§§§§
SO o o o
Q O O O
O O O O O
OJ <U OJ <D (<
■o -o -a -o o
§§§§o
,2 d
O rH (N AJ
«}- t, ^ U
i> 0) m
I (* "O "O T3
T St Nt ''^ -JJ gj '-I <
<
l^ U U (^ t. t. i
ID ^ 0) a> 0^ <v
•n 'O T3 'O TJ "O (
^388°.
^8'
Aj(A(A-^^ "Ayacop-
> no t- 00 <^ o <-t
aa?
INDIVIDUAL INCOME TAX RETURNS FOR 1954
47
p.
O o ^
I 5 s
4 «■§
O o -^
rt rt M rt -H
-1 rfM « ^
F5 oi k; ^ ?1
?^ s 3
rH (\ f^
2,402
2,770
2,357
2,853
3,911
7,728
5,043
4,847
4,657
1,953
3,792
7,967
2,205
0,672
0,294
3,546
1,500
2,752
847
1,328
rj St lO -£•
C^ -.f CO 00
> >r CO o t*-
r- rH o o ^o
O <0 f\i C^ >r\
O lA CO rij o
rH 00 C- C- CO
^D CO C^ P- »0
r\i r\j r\] r\l r
ITS OsO -«j rv
ST ^O --J ft)
re O- r^J i-H
.-H m CD o^
'"'J S "^ =;? ^
^ tn fM tn r-
(N CO O -.J -o
Ai O CO o c^
•JD »A -O ^ AJ
0\ f^ lA O O
CO CT> -D m CO
CO Otn o> ry
ss
s
3SSS
en >j IT. (M n
^0 tA -vf en fV
O -|j ^ tn Ai
lA fntn i-t ^
8SS2
rxj» m AJ ^0
(M a- -T \o f\j
^ >r if^ o -^
en [^ %o \o o
CO tf^O -o g?
OCO
AI
o sr oo en
a; Aj ^ C O
(js »o lA vo tn
jD [O c^ fn [*•
r-i m^
p-H to m en Aj
C-- O o* O -«I
^ vO AJ CO O
CT- CO CO CO -J
r~- i-H o% iTi o
>£> O -H O* 00
m tn 03 CO tn
vT O rS \0 -H
(^ r- lA .-I (J.
->A? >I O
^F- o (n
o^ ry o o» vO
\D o* o ^ O'
to 0^ CO >A >0
oo O' m o O
M O CT* --H
(T> r- f- C--
O IA*'CD tf^"
^ -o c^ o^
o^ CO •£ tn '-i
m m ^D fn CO
AJ rH -.J CO (>
o rjo \D c-
O^ Q* lA *D CO
lA r-l O ^ <n
\0 O -y <A Aj
in >t %j Aj u
to --J CO >i o
O C^ \0 iD u
-^f (J. O [> O
tn \D CO lA tn
CO m :^ C-- 'O
P- >D rg^-
>l■ 00 tn Aj
^ O lA 0«
>0 -s* lA 00 M
kA -} lA >J «
;A;-;ro;-;
to t> itMT,
c^ sD ^ a> 00
pv o> I-" <ri o
F- in Aj r^ fl.
lA n <n t^ rH
vt CO u-i O O ^ AJ
-nJ CO p- CTi c^ tn -J
~--S
(n (n o CO o
(j» o r- tA .-I
■o (ji 00 fn Aj
g:?^
S 5
lA r-l O CO
,7. O 00 ^
^1 f- ^ >I
lA J rv f. 3 -D At'
lA CO AJ O a-
O P-
CO rv O
m -J- r^ ^00
AJ AJ C^ "-t AI
%0 C-. NO lA >J
•>f p- O O^ P-
B
I £
r^^cn^D^D rHtT-OlAND
(J^AJr^^A(n (n>r'no-j
C- rH to .-< CO
m -st "A \o -^
CO r~- tn o* "O
O ^ AJ \0 AJ
-4 00 -.f AJ CO O lA
Co Ai vD fn CO \0 AJ
o\ \0 m oj
Is
AJOOtM
(o-,rr-co lAr^lMCOlA
3>-^oo c o to t> to
■ciAO ^OAJr^co
O* CO O AJ lO
AJ o> vD O CD
CO O O (T -^
l^'a I
II
AJ O QO 00 C-
rH tn 00 ^ >I
^£l r- \D "A ^
lA -4 c^ -J a
CO lO iD o y
^ At tH .-I
s s :
TO men so :i
o coco fn o
fn Aifn >f tn
CO -si o^ -vt -.1
o I ::
III
= ■«©■ »H
-> 1) 2
D -a 3
§§ §§
T-J^lA vOt-OOCT-rH
'«»4»«»-t»«»
4 (h (.
h t, ft 1^ O)
01 0) 01 07 ti +J
•U ■« t" " "
i§§c
J rH AJ CV
1 -^-^u-i vo CO r^ a
(4 h ^ tn I
J 0) ti) oi d) 0) ii di
§§§'
g o o o o
■< le-ce-te-td ■«*■«»
m-st^ lAyDr-tOCT' i-HrHAJ
*>■»«■ «■ «» 4» ■» ■«■ -«> (O w
o o
■» -ft*** ■«■■«■
5saa;
>ri to r- to CT*
TO O
§§■■
(0 <D C
rH E ffl
^ (0 CO
O -H
■H E
n <u
11) O -H
S6
' B a
-H W -rt -CI -rl 0
B h -H U] (Q t
O L< F^ Qj Q} t
M > T> -O O
V a> <D HI a
41 3 rH 01 m =
*> rH R, 3 3 r-
Q> X 3 t3 -O C
o u CO <: •< >-
CO- "J "> -* «
48
INDIVIDUAL INCOME TAX RETURNS FOR 1954
tr\ ^o D- 00 0\
oj (M oj oj ry
O* O' O^ i-H
rH » (N (P
OS >r m >i
r^ 00 lA iH oj
^I ^ rH (^ in
r- c- ON o u
f Ov (-1 0> O
r^ t^ rH t^ ■>
C- O rH (?> li-1
rH cn IN CN O
rH r- CT- -* o
i vO o \o c^
^ (M ^ a>
n i-y fNI O^
f^ CO O ■£>
O *0 rH to (^
^ m c~ o> rH
-H > O -^t O
O O^ (>J o
o o c> o^
f\j n »n
fH r- f^ O^ ir\
00 vO
i-vj vO -J TO \D
"C r^ ^ O t>
t> W -^ >n in
c^ o TO >o m
rS -vl- 0
O £-- ••
n C^ TO f^ C^
en nj r-H rH
o %o O^ vO fn
0) t-> u
- +J
O tr
fH O O in TO
O m nj O IN
r- -J- ^ •£> TO
C^ »-l (N f»1 C--
vo t^ in c^
>r TO vf c-1
in >i r-- m
O m « ^ r-
m o o^ -o m
OJ <Jl rH 1^ TO
i £^
fes)
O C- O [>■
O rH C- o
O vO O M
n 0^ c»i TO o*
[-- rn TO O^ m
\0 •-1' (J* tT> -^
O Ov ^ O TO
m vo nj rvj m
m in If) O^ iO
O f^ (^ fM '
H >r o vj-
> [*■ c- c^
\ O O u-i
TO ■>! C^ *0 ^O
1 5
3>0 iH 0^ 0^
H o^ n vo
m o nj in nj
c^ o ■-• oTo
u <n ni vo O
^ -J Q fn m
^ CD ^0 TO fM
r^ m tn rH
m o >i) fn ^
<n fn rH ni *.
t; !3
n ^0 m ^ m
n rn m o» o
o o o r- >o
•O --f ^ -nJ c
-J m n tn i:
O tf^ tf> O d
sD en en \0 fn
^ r- TO TO in
o fn m
C TO r-( C
^ vo m c
m m in c
^^<n ^ >»
3S
* o
ss
C^ >0 TO >J >f
nj ,-( 0» r-t -J
c- o IN r*- o^
I li
> O nj ^ -*
rH [> ^ in -}
■H tH rv <N IN
^ \D ^0 -f ry
(n O O C--
s s %
S 5 =
d * «
S ii
^ b +j -H jj
S 5 -c^ S o
O -* TO TO <n
c- r- m o^ m
c^ O TO iji m
-^ O ni o> --t
TO CM in \0 O^
m \o r- -^ "n
in TO tn ry >j
O >J nj \o r-
-.t o •-* --•
nj nj nj m ni
\p o in u
■^ TO O r
vO t> * OJ -»J
K\D O^ ^ fn
(M -J r-- r-
CT> ffi fn -^ >t
^ ^ ^ nj ^J
-J C^ p-H ^ C^
IN ^ :^ c^ t^
rH o ^ o> n
vO ni CO >0 tn
(^ \0 V) fO i-l
\0 <yj yO •^ r-t
Sc- r-t a \o
rH ni nj rH
H .H m -,j
TO -J- m r-
t^ [^ TO rH
nj rH tn ri m
>o TO »n oj ON
O O --I ^ rH
^ tn TO r-- rt
3 CO r- C^ TO
>» O^ rH en en
> TO c .-( nj
rH in (n o» TO
(N ^ TO ^ IN
o ^o m m >t
•iJ nj <H fn >0
m rv IN iH
if:SS
m ^D O \D nj
<n -H o fn TO
m o r- <N TO
iH O" o in oj
o >-H nj o (n
H r-i m TO o
- -J m o o
«i ^ m in nj
^ nj o TO >t
nj in TO I^ <n
TO C O nj rH
3 -J m
O- ON IN <n ■«*
0> (n ■>* >0 nj
tn vO TO O rt
TO nj C-- -«t nj
TO <N t»- nj TO
CT> \p On Q -O
■n -^ (N in o
ry ^o t> txy ■£)
c- ^ .H fn c~
r- fn ^o nj m
TO ^ CT" On O
TO TO r- O IN
-H 0» vO -J -^
O" Q ^ nj ^
•O NO en >o O
\ >j ON >i tn
) NO -si NO TO
J rH t^ TO n
o >* m Np
nO TO nO -*
TO TO nj m O
O TO P- D- C-
C^ On rH tn m
O NO IN m -J
■o rj ,-( fn \o
in (N (N r^
^^Or^(^J -tfomin-^ mTOc
ONTOrHrH nO^-HOnC^ nOO--
wfnoo lN^•r^^om mr-tu
H t^ fn -H ON
K TO « m (j»
1 in fn nt %o
TO ON nj nj (n
•O TO "n oj m
-5 m o ON o
nj en ij o lO
NO rn m in ^ rH
t:-TO--t*n (n-f-ftnTO
r-(N(nnj -j-TOONnitn
J <H m o m m r
H t^ nj TO TO >J 0
1 (n i-H TO >» ^ r
ON (n ON m l^
>j (n iH ^^ o
c- o m -* -;!
^ m sO O- m
\ TO m o- TO
J -4 TO ^ nj
TO m nj -* o
1-1 iH m oj m
fn ^ ON in r--
TO TO O r- TO
nj r^ ON ON TO
>f -"f m ^ -J'
>!■ (n
H tn
NO m
m lOrNl
O O m oo <N
r- (n TO r^ in
On fn r- .H m
o t--
•-i m
TO TO
IT, \0 -^ t> O
t^ NO >0 O Cn)
O rH m O O"
.H r-- [> m t^
3:J
>f t*- >J- C- ON
TO m nj TO ^
8-J fn rH CM Q
-J o> ni ON in
NO nj TO On
O Nt
gni lO in c
nj -5 .O C
r- o m -J M
-( .H O -O ->!■
J O ON t- -nT
^ "O Q fn r^
- >r Q ON --t
TO O
NO :i
ON O
TO NOiN
TO -J (N rg C^
O O O m (N
TO oj (n m •>!
\0 m (N m C^
^ IN -nI- c- c^
m TO O Q -H
U-l rH m ^ rH
iH C^ (N CM On
gm m -^ TO
c^ m NO c^
r- ^ nO On --f
H ^ p- m o
1 CM m TO CO
^ CM m ■^
>r TO «0 C"- On
TO m ON TO -J
m m ->f tn IN
<n en (JN c
o TO i> c
CM m m m c^
■1 c- m o- m
|§§ 8^
^ <N CM mm
^-M-«
4» *>■«■«* -tU-
^ (h (^ (4
die-h^t. t^iH^^
H oiiviu a>iuii>iiiii) iijaiaiajii)
p u -a "O "O x> -a -a T3 -o t) -o -a la -a
ss§§§ §§§§§ §§§§§
(O'DiHrHnj njcncn-sf'j in-ot^TOON
m sD IV TO ON
•n o O Q o
■«» w «>«»^
t. t. L, t. (,
111 a> 01 4> 0)
-o -o TS -q -o
§§Si§
o m o O O
rH r-t oj en m
m ^ C^ CO On
«»«9-«»-4» O
■3 "3 "S ''
■«»-«■-«■-»
P- nD
u-Ton'
O NO
33
l»
INDIVIDUAL INCOME TAX RETURNS FOR 1954
49
if\ t) t>fO <J^
•\ \0 v~ <o o-
s z
11
^ o CO CO -o 01 -<
5-0 0 c- r- f^ r
-^ f^ a» 'J u-i
o "A a- r- c-
C\i -4 C- r-l yO
fsj ry f'l <jv in
o >i -^f ly ^
Onioo-^O' njinot^oa
m fH 0» -J- nj
5 li
^ fi-8
IE
5 « '•
O 3 —
o^ ->r nj c-
V ■« ^
ifi*
t*> nj C- n (?•
0% (jv r- r- rH
f^ -H o> [^ r-
fcs
o ^ t^ o ^
vD CO ^ ^D <->
O CO
I f S
O o ^
S lS-8
-J vo fN m \D
^ W ^ CO NO
-J o
O U
a
^ O ^ u^ -J
in o^ o -.D c
m rH rH -X) '
u^ m c- >f >J
nj ry o* C-- 1^
(M -.J 0> m -1
^ O O >£) ■^J■
in ov CO O Q
vo m o m ^
-sf ov -^ nj f^
J3
O CD
lOtOm r-l>£)rHOn
.H (N At <J ^ CO O^
a li
O vo -O ^O in
c- >o rH ^ r-
r- f^ -o <M oj
^ m \o >J '^
•9 *^
H r> OS O O^
^ W C*- CTs m
CO ^ f^ — — .
O a; CD O iO
fM ^ ry in o
r^ (j> >o m ^
•^ ->!■ rH -J -^
CT^ CO r- rH >J
m rH in o m
CD \D rH O ^O
C^ Nt >r rH rH
rH r^ vo CO >i
^ n O O i>
1 >f « f
CO r-
nj nj
rH -.J o t- ni
-J- n oj m rH
rH fNJ (^ -^ m
>o o\ (^ o o
arl a» O^ t^
OS ,o -* t^
^- o «n o r-
<n m o <*! c-
ON sO -H -* in
o r~ [> c- m
o "n m m m
sO oj -J rH ry
O M O OJ a,
4» d ^ ffl ii
a »i ^ « "
a 0) -H a) ^
3 [h s tJ ^
sO ^D ^ sD CD
ir, O f^ <Js CO
O O OS iO o>
lO O rH >n ^0
OS -D nj CO -J
I li
o m o >
<^ rH O r
- iH >f OS
^ sO -^ rH
>0 to CO f^ CO
nj >£) -i O CD
c^ m o o t^
[^ ■o <n r-
\0 <y -^
• -J 'V oo ■>*
) sO >J <M -^
3 nj sO rH -.J
OS -,r rH
fM (^ n
c^ nt f^
•o fn
sO CO
p- ry CD nj sO
f^ vf
O sO nj nj m
^ nj -J- -J- (^
CO o-
(^ >j -.J n CO
m rH r~ sO --H
•>J CO m rH CD
-> nj 00 nj i-i
rH O sD CO U-l r-t C
C-- (»1 rH (-1 sO rH
m nj oj rH
m o> -4- f^ ->j-
[^ sO
vO -4- OS -.J-
CM rv so "1
m 00 o o^
fn rH o m CO
O vf lO -o OS
n rH m rH ^
-■J OS -o fn o
>j sO nj so li)
<*^ f^ ry f*\ OS
<n rH m -o 0»
O OS vO tJs I-
-i CO Q O "
tV rsj -5 CO c
O -4 nj fn r
^ o -^ -^ ^
0» sn O -O 0
H (^ r\i CD CO
OS ^ OS 0> rr,
P- m OS m ry
OS -si OS r- rH
rH OS CO rH m
-4- nj r- (^ rH
>5 nj r\i m rsi
\0 -<
OS o
s
>o sO m -^ m
f^ :n tn rH CO
rH m (^ rri
>0 O OS •£> rH
OS rH
so r-
■^ sO
OO OQQQO QQOOQ
8 0 QOQOQ OQQOO
m Omomo OOOO •>
^* .*»«^ ^•^ *o
rynj f^'^>f-*m •or-coO'rH
._ ._ -" — ^^^* ^«^^«^«^
se5oo^
- * » »Q
m o O O O
rH nj (n m rH
t^ t. L' (-< ^
V QJ HJ ^V ^
*□ *© "O 'O "O
!§§§§
40"<»«»-«Q- O
0 rH
f:«»t.L.u t~ h i^ u u u u u ^, u
StH-o-o-a ■o'OTJ'CJ'O •D-a'o-o-o
i|§§§ §§§§§ §§§§§
"" 3 O O O QQQQQ QOOQO ^ ^ ^ 5^ b
1) QOQ OOOQO QQQQQ OOOOO
Hoomo moinoiri ooooo »^«-.^
30"-* --*-» .»*..^ omooQ
I)^OrHr^OJ fMt^fn'.fvJ m-flt^ooOs rHrHrvcnJN
•< *»«><*-«»■ ♦»■«■*»*' ■* " -^ ■" -" ■" '" ■" ■"
■a TJ
V HI L<
tj -a o
> Q O O C
> O O O C
> m o m c
-■«9-«S-*J- «3-«i--W
«» (^ t. t,
HI 0) OJ
t. -a "O T3
3 O Q Q
(h P^ ^ L. I
O) m at &> (
■O "O ■D "O 1
§§§§!
t, Fh Fh I
01 01 HI
•D -a T) I
»«>--e9-«> •» ■€* «s-«i* -(^ *>«■■*©■■*'*■*»
o*»-«»-««-«» <»<»■«»
^s
o o o -
m >D CO rH
1 sO r~- CO OS
O CJ
-. w ^ on O
O 0) O in
OJ W rH M
a> T3 3 T) o;
INDIVIDUAL INCOME TAX RETURNS FOR 1954
; §s
' g o
s§?
8.S8
:i5---
O t, o
o m o
o -o o
■§^-
(M (^ O O <■
00 lA eo ^ r
{^ >f >f
<£> i-i O ~4 t^ C^O'OiACTi
C-t^t^p'CNj ry-^CMfyr-i CT«nT^soto
I -* — r\j r^ (M (M %
(M f^ O ^0 '
m o -H M u
(J> iH ,0 (^ -O i-H
^ (M c^ ir\ r^ 1-
O (M C^ u^ to
OJ t~- ii) (T" C^
Oi >f\ ri tr* t^
C-r-CT't-CTv <M%0-*in>f
(DtOtO-iC~
-J 00 --H o in
•a ^ \o -I <■
CO rsi ^o vo ■-
r^ ^ H o m
-•J r- -* Ni o
to -J cr lA C--
ry \D on Oi t^
00 o o (^ (y
<r\ -J- OJ rH c3
to o m to >p
in •* r^ 00 O
O* to CO o to
1^ oj a- vi o
to OI o* D- r^
O Oi ^ IN M
•— -^--ry o^ a-
tonvtot^ OiOoom
t-(\0'0>HO 00>OOJ
lOOojmcy r^f^i.H
OI CP O to 00
oj O
•■O OJ
O to >J CO c ry
H to rj »o 00 «■
r\fyr^to to >-< >t CM O^
in\0>0(^ •DO^C~-(MD-
^ (N ry r
3 vO p-H C
--t r\i CO r- \0 >-i
^O^c^O O^OC^-
r^ O fNJ C^ iO
(\i o -o a* c>
O u-i vD -D O
o^ t^ > o o
81^ (T-tO>r--I<H ^CDCOr^O-
--r vor^TOOoo oji-iof^f^
ryry oj>»-40*m >-iOi--i-orv
\D O CO C- ^O O u
o o* f^ CO oj ra p
■H rj i-t to (\t c~ u
•\ t> (^ -^ OJ
iO > -O to r\i
\ »0 >f CO oy
. . ^ CO m >j ^ f^
■i CO t^ ry "^
^ CM >f ^ --J
H ry vo 00 >f
vD O (^ ov (M
^ rv ry iM py
O m «0 -J', >J
^ rH i^ ■"
> \0 -J ry -.1 r
iTi ry o Ti >i
cr> 00 -^ CO CM
O' O O O ry
•O (^ t> O^ O^ i-fir\Otf
ry[^a»f^io ryr^mi-
0>f^i-iooc^ ml^r^
ry -»rryt--iOo iTiiniDCOirv
o oooor- viNtnt^so
O* ry oj \0 I
\ a* yj f^ fn 0
H o r- oy r- '
\0 CM ^0 O^ '
r^ CM (M ry I
00 CM m
O O CM <0 m
(-> ^ c- o> -4
iH (N C^ m -4
IT. in ry o> vO
SHSs
SS5
vO ^D
>f CO O O ry
(M -* -4 m 00
,0 rS rH
»o -H nj m oj
■^ -nJ vO CM -J
ni u> -J- CM --<
tf> u^ O C- ^
fi ry CO m r-
^ i-t CO CM (H
c- CM ^ yj o*
-f r^ (M vo ry
sss
(^ rH
y -O .H C
CM P' n CM O
,-< -O ^D f^ CO
.-^ O m >o 00
(^ r- m m \o
^[^Ory(M oof-t
>r (n 00 o t^
4§J
-|in •flO^tOtO ryr
yDf^o-^m l~^^D(^c^<^ %D<J-%Dcotn
r>i-ioo^c^ \OC^O>ncM (M<-<.-irHO
inmomm minc^oO r^oo^C--co
CMCyo^eOtO C^Ot^iOCM OC*->OfM
J O' o -o
■I o^ to >r
i§«
^r-mr\oo <^-*ni>jt*- -jj3'-<or-
0s(^c5O'H coc^cmcmc^ inirvmooc^
00;J(M<n-^CO-J<-_-
ainoc^ \OfnSoo>-t cMCJ'Onj-j a^ r
. . CM CJ> C ..
(M f^ f^ O nj
en m r^ r-l rf
•£)>£) r* [^ o»
O a; c
O T) C
ry S f^
t~-^(MCT'<M njnjc-rHo
> O^ 0^ (^ O
\ >J- O >0 r
D in O :J t-- u-i o P-
r CM vo o f^ in oj m
^c^0o C^iMa)fyO
f CO <D r^ cv C- it
S>0 CM 0
ni CT- c
O -J -^I C-- -H
^D ^ .H O ^i)
cn -^T »£l •>! CM
O 00 m m O
•O in CM C^ •*!
HOOOOO rivOOCM
Htommio •flf^coO
^ lO r
-J f^ u
•^ IN C
rH C
"1 CO -J ry kd C^ ?
1 to (7> -rf CM '■
ry >t (^ n i-i
m 00 -£ CJv IN
\0 \0 <H iH CM
,o r- vo t- c CO >
OCOCT^t^QO OO-C
O O Nf W r
--J >t vO 00 t^
O -4- :^ 5 i-<
c>r\itMOrj iOf\iOono^
inr^v£lt--S I'ir-lrHCM
r^ CD o en lO
m o^ CM O •£)
>J <N O CO -sj
O (^ O^ p' c
n r-f <n f- r
O ni CM (N r
- r- ^ -o (N r^ e
^m(^ mo^c^r., ., . .,,
\nt^ to --I ■£> tr~ o\ moo-sf-'
!(^ CO --f CO
o« -J o> m
^ en 0> sO -«I
) >t (N (M
> ^ to O
t-- CO CM CM
a\>»\O^D00 c^-^(^ot^ cMCMO^eooa onjc
(N--}OiniO insoc^knto ryO'f-'-iin rH
in (^ O* -J -J
vj r^ .-• iH ry
^cofncM coa>t^>-iu
r^ CM fn f^ c^ f
3S
£8
^ O
-■«»-«i» *»■•»
«^^-«^
'<»'•»'«»«»"«»'
Of Q f- TI T)
TJ ♦* O 0) C C
c to <o T) 3 9
—. 3 Q o
4) -O ^" _j g O
J3 -O O « *
a O C ^0 rH .-I
oj oj u m 0)
mil
§§§
at 01
■o -n
1 t. u
J V -a
£1
fy m ^ m r
•a +j o fl
Hi HI
■a -o
HI v t
11:
■D T) T) T) T)
§§§§§
§§
<D 0) (-•
g
O ..
^ I
OmO mOOO " .-lOOOO
8«» »--»0■«■fy^nlnr^
^ CM ry c^ -^ in .-I ■«»»>»>■»>
^ (. b (.
DOt-'OTJ -OTDTJ-OTJ 9GS5e 3333C
fSS-S §§ §§§§§ „^^^^ „~„„s:
o 3-W- C
O m o
o o
<!>»> OT *><»
H r-t (N CM t^ -^ m
Omooo OmOO ■>
J -DO-- -----qtf>oooOinoo*
DOCvDf-irH njryf^-^in ■d'-'CN'^'n r^i-iryinrn
INDIVIDUAL INCOME TAX RETURNS FOR 1954
51
> « o
o ^ o
o a; o
O "a o
tA § c
-«■ **
O f- o
o oj g
O T3 o
AJ 3 Al
r§-r
> -U Q
) -D O
;4§s
*> 3-eS-
o <u o
O T3 O
I -J O CT* a» O lA
— — . rH vO
-
129,381
75,678
52,972
8,719
1,606
o >A r- CO -J-
to ^0 «0
ss
lA >f (^ >D \0
AJ lA O sO 1
-.r o o to t^
SOS lA o >r
rH f^ t^ nj
OS to f^ AJ AJ
O-JAJsD-O f^-J'lAOJ\0
OAj->itor- (j-Aiosc^fv
CO sD -J m
lA O tn O
""^ ^ lA C^ to iH ^
^_._.-^ ^_- ir> to t^ -^
■JsOOsOsD OOsOf^Os AJvJtD I
sOmOAJ"^ •D^J'^COO
Aja3--i-j-r- tnfHi-tiAi-t
f^ i-H to O (-
to O OS O r
^ >r <-> to r-
■^ i-l OS O -sT OS u
Ajr^tOOs~t >ltoO-*iH
OAJtOf^sO lAtO-sTC^t^
^ r-1 ir. to i-l
AjOtO-£PO P-^i-ltOOO
lAiAtOCO-J- lOO^AiA^O
r-ftO-NjAIOS t--sOt»->IAJ
^ O C^ AJ -sj
lA ^D r^ sO O
sO t^ t^ t^ >!
01 r^ AJ to >I
S(M r- OJ vD
u-1 -^ AJ
^-- AJ O CO o
H (^ f- •>! AJ
r- A4 t-- D-
•-i ^ O 1>
'-nO ^ O "A
5SS
*— -AJC^COAJ fAAjOlACO
lA .H -a CD CO
c^ .-< Al CO r-
C^ \0 r~i OJ
to ^ >0 rH t
O to AJ OS OJ
--I kA O ->! lA
lA -.f >0 lA O
O -J C- AJ vO
-^ r-i r-i OJ Q:
lA O OS OJ O
OS fA AJ [> rH
SIA lA O sO AJ AJ
OS lA ,0 CO
^ -4- fA AJ '-^
O lA lA 00 O
OS OJ -J O;
lA lA to O
43 lA O »A
>J lA to OS f^
(O ry "^ fA fA
lA lO OJ OS OS
>o to sO o> t^
rA tA (A iH >J
OS CO -.T -^ iH
-vl-^OfAt^iD tO->rAjOr
^0 O tA iO >D
sO OS 04 CO r
J OS O- O
t^ OJ to ^ i-<
>r OS lA rg n
lA lA CO lA O AJ rH
■OOOQ OOOQ
8 0 OOOOQ SooO - OQQO
O OOQOO »-^»Q lAOO *
lAO lAOOO - tAOOOO --lAlu-ir-t
- - « - - fcO (-1 OJ f^ u-s .-1 <■>■«»■«■■»»
>-H AJ OJ tA ^ lA rH -«^ ■<ft ■» -tfr <»
«^-^ «»'f^'«^-4e"«^ F-i ti ti L<
4)41 a)Q;<uajQj •o'O'D'aTS E555
.O'SS SSSSS 39933 _^„„
r .-1 a> OS
-I O AJ lA
J 10 ^ r-
1 -^i- ^ f-
\ --• o to
- ^ -4 m
\ lA OS o
3 -si to
OS sD
O sO -J A)
O sO i-H AJ
>D f^ CO fH
OS f- AJ >J
,^^§§ §§§§§
3 O Q Q O O Q
- 00 Q O Q Q
HOOiA OiAOO
3 -«■«»■«» w w w rt'
. - - .V OOQOO
■>000 OiAOO -
HAJfAlA r-t r-l CM V~\ 1-^
9'-<^-M--«» ■«■-«■■«■■«■■«■
c too t. (
O Q OJ I
c -a o T)
m 3-«3- O C
41 -O f-1 c5 c
tn lA r-l AJ o
tA O O %I -H
OS -.1 ^
•— sO >J r
•H sO t W P*
->t -J O OS f-
-J C^ O CT- sD
AJ f- >j o< CO r
■w— .w^N_- c- r
0 "A fA 0 AJ
^ tA 0 --* kA
lA (A tA lA AJ
(A AJ >r -A "A
f^ -sf to AJ -J
OS AJOJ
__
C- u-i -i OS ^
lA OJ 0 00 fA
"V AJ CO lA fA I-
sD At CJs > OS fA
r- o fA to OS --r
D O CO O
\ ^ to fA
I iry \OtNJfAlAAJ OOs-Hi-fO p-I^J^'-lr-
<-i ^DsDO'AJf^ OJlAiDQ'-H lO'-H'H
vj sO.-<(A.-H^ %0'HOOrA
■-I O tOO'rH.jDC^ -Jf^JAJp-l
t-OsO C^rHrHi-HAJ 0»AJOJr-tO >fOfAAl'-
-■Ti-HfA iDAJlAiDiH OO^'HIA sDAJiH
OOrH ^AJAJrHOs -.I-^AI'O-^I
^C^ -J r^ .-• M .-I
O^AJsOlA t^ncOi-llA %1COOOJO OlCO^JlAf
oosO>oo ajiaojOO" fA:jr-ir--o r-Ajoj
O^f-H*-! OJsOC-sroj l%JOOrAiA
OrHtArH OssOr-tlAtA C^^tArH
It- -O-vJAJrHAl-HOfsJO-JONl
00 (ArA>J'-IOOO>rA<AAl
0'--'~-'— - ^Vi.— %r-«IA>-l »OOssDfAi-l
C^%-^v_-v_^ — --^lAAJsO '-I
00 r-tO'ojeoco(^ps'AO'OC-oj
8iAoj>D fAr-ojr-oi AJ
^-^^-...-v — s^vlAiAlA COsD^tArH
>£> O O lA r
lA in OS -J C
lA lA lA O sj
rH fA lA lO ps
r^ O -.1 lA F-
O O sO ^ <H
SOJO OsOf^OJ->J ^-J'COr
0>AJ rHlA-^t<AOs CSJrH
0>OvO lACOOslArH
^ o o CO
lA OS fA 00 ->*
lA CO ->I to --i
o o 00 r- fA
■vj -H OJ ->l ^ r
sOi-HtOsO-^ 0'AOtO^JD
OJlArHrHfA fAAJlAOO
cofM-oto-^ -sjojiAosr-
OS C-
CA O
3S
so o >r
lA to >A r
o c^ o P
^_ OS <-H
lA O O sO
>r o -D OS
- -f sO o
r -3 Ai rH
O O O Q Q
_ _ OOQOO
OiAO lAOOO "
•^■fft-»» «» -to- -ft^ -«■■«■
iij (u n) ii> OJ II) m
o|«§§ §§§§§
-3 3oQ QOQOO
31. QO QOQQO
aOiOOiA OiAOOO
t30'- *-.«»-
D O O
3 -o -a
3§§
»-^-«»«
t. o
t)
B EoC
r§S
0»A000 OiAOO -
■•>■«■■« *J- ♦* ■»» -W 40 «0 -W
J -o o o
0 O C rH tA
52
INDIVIDUAL INCOME TAX RETURNS FOR 1954
•-' T3 '-'
^■§c
o -o c
8*4 O
0) O
0*0 0
o t, o
o o o
■A-O O
?5 c?
;§^-
O -D O
■«J 3 <«
O 73 O
O aj O
O T) O
•2 *^
(M O iH J3 (\j >fv I-*
r^ 1-1 lA O f^ ry
I I ■£} t> -O <^ C
vO i£p to ^0 «
^ ^ (-^ -^ CD TO y
■-I ojojeoo\D 0(Nii-i
CTv lO 0> O CT> u^ <-<
— ~ ry C-' r- <^
ir\ \D to
(^ CM P- >T -J W •-
-J--JCO 0>r'J3-^ir\J
C^Ot^ r-ttOO--lt--
r-i ^ -4 r^ >r to ry '
8r^ nj O -iJ f^ C^ (
O i-l tM rsj >J O' <
>£i *r, f^ O O^
CO O f^ P- "^
rv f\j (*^ O -O
3 0 O O n \D r
■( r% c^ (^ m c
ITv r^ -f ifl o» CM r
fc^^ *^Q*^»— <^ rvu
300>O(N>-' rHr-liriCT''M
^(^o^DO (M^tMO'fM
o-*-^c^DO -Jvcoo>o oj>oa)r«rH p^movr
r^irvrvOco rirH(-io\rH toeotntnio co-^o-"
4 •O to <\i r
- -0 ir\ m M
J o r^ «
■sj>jr^»-i^ tOOO'-If'J'O >C<MU^(MO fNlOOJf
\D>}'-"i^tM C^'OO'-iO^ >0^--*'-JfV r^>rs->I
iTiCT'irsCT-^I 0»0>OfMt^ r-eoO^f'JO fM
-sjoo'Tvirt'O O'-JOi'^iTi vDo*eoir*(M
rsi .-H eo r- to
--1 (^ P- (M iri
m >j (jv ^ O
<f^ \0 to ^ -^ C^vO-OOtO
r- CO
3<r(fM tf\t^«o*^eo >r»oc>n-,i
J-->ttO irvo-^noj rH-^m'^'-i
H i-t est fV >0 (M '
O TO sD O
m TO o> o>
c^ o o
f^ Q TO
m O fM
\ On to ^0 -vj
■£) CT" C^ TO r
Qv >J CM ■-<
OJ OO iTi
■i nO -O
tn CM (M
3fM C^<C-t^'-t fM .-(
r-5 f-i 0\ >r\ t^ •-*
I — -^ CM CM— •
OlOOO^vO ■HO'^OiAON f'r
oooo Sooo
pinS ^OOO "lAOOOO i-<CM
5 » . . » ~ »o ,H CM r^ "A fH -Vi^
Dr^CM (Mf^-JkAM «»■»■<*■« ■«i>
UOt-'UT) ■OTJ'D-OT) 55555 3
SS«§§ §§§§§ 5SS35
^■*S ^ ^^-.^ 292SS X
§§§s
ss
o: to
IS
3
Ot-<CM CMt^^lArH
mOOOO .-.(MiOr-ii
rH CM m U-1 .-H '4»«»-t9-«» (
^ !- fc ^ •
CM TO
to iH CM -,
O -1 sD d
rH IM -J
^ o» O
<M -^ IT
o +>
■o. 0)1) ajOJOjaiaiTJ'O'O-a'a 55QS„'-'
ajotH-o-o •a-D-D-a-a 555G5 :d3330 w
1iS«§§ §§§§§ 33333 goooS S
3*9- § QOQOO a S X S (t" ^
■OO--. -•.-•.-Oir.OOOOJAC
jC-OrHiH CMOjr^^iri rHt-tcMr^iri i-i t-i c
5 =>■«■■«■■«» -I*-**-**-**-** -t^^^-W-M-W- ■W-W-W
< 2 3 ■•»■-•»
0) - 5 t*
■0+^030
C M <H
w 3-(00 O
a> -o t* o O
rH 01 41 » _"
£> -0 0 0
O) O C <-H (^
INDIVIDUAL INCOME TAX RETURNS FOR 1954
53
1 I 1 1 1
1 1 1 1 1
1 1 ^ r-H 1
,1,
t 1 1 1 1
1 1 1 1 1
III AJ
D- u-1 %o P' o
,,
1 o
«J
__^
AJ
1 1 1 1 1
< < • 1
i-V ^ , ,-.j
u-
1 1 1 1 1
33S'""
^
1 1 1 1 t
III (n
<r\
1 1 1 1
III 1
lA -3 rH
ppg:""
R
TO
8 t. 8
At
I-
3=^5
1 1 1 1
t 1 1 1 1
ff. ,-H 00 rH 00
>f O rH TO --J
;t
1111
1 1 1 1
c
lA
§ fc§
^
^-'
^^
•^
— *—
t 1 1 1 1
1 1 1
1 ,
^
SS;8
in § c"
«J
1 1 1 I 1
1 1 1
fv n c^ ^ 1
■■0
1 1 1
^
(?■ TO -H TO CT-
- c -
>n
1 1 > 1 1
1 1 >t o
Ov PI r^ m 1
m
1 1 1
SPS'^'^
^
8fe8
SSl^
OS Qv TO TO AJ
lA 0^ t^
C^
•^r* IT.
- -. >A TO O
00 PA PA AJ rH
r^
i
O
S^';^
^^^_-rH AJ
«o
III 1
1 eo o) ^
lA O tA AJ n-l
vp
, 1
§ fc S
2
III t
gPSS:g
[^ TO ■-•
m O TO
a
lO iD \D iO lA
TO lO P'" OO O*
_
^
m f^ lA u-i a*
AJ
p\
iT"" ^ n
iD TO (T- C- vD
u
3
1 1 o
C- •£• D- rH [>
r\ O 1^ <A lA
?;
so m [^
lA
3S2S=;
(-
U-. T3 O
in AJ AJ P- O
o-
- -H n
0« C^ OCO ^0
AJ
rt
(Mi^-, ^ ^
r- O ■-> PI in
p\
<n o
*A lA (J. ry Ai
^D m to fM ^
to ^ lA r-l ^
-M pS (^
-n
F2S8gS
m
O TJ m
^
■"^
''^
^ ^£> Ov TO -J
rl rl r^ ^ -vf
^.
O PA AJ .£)
>j r^o d ^
(^ r-l •->
"^
O >J (^ o
(J. rH (^ rH >r
t^ (^ O lA lA
r- .-. P\ *D rM
A(
>I TO O P\ C-
^
j^ ^
o^8
o -o o
O' -J Al O -^I
•fl OS rH >t OJ
rH rv -.1 O^ <--
r-1 lA t^ O* (^
TO
vO
>J ^ PJ OJ
lA
""*
'"'
«u
•"■
j3 >I
.-1 IS «D
(J. (A O PI Q
to -O A) fA OJ
TO O .H fM Al
r>
ff" lO lA rH :--
g ^ TO in g
r-
■ei 3-S-
—^
.O lA CD
-o
^ ^ T> ^^
« w -J >I m
AJ
PI t^ ^ ^ r-l
i-l -.t PA r^
^
'^
AJ
vD
' §88
'-vS o o
->t C^ t^ ■^I P-H
0> O OO (^ 00
.A
gS5'~'"
:iSS3
8^8
S§3
>I
PA TO C P- Al
o
m .-< PA ^
U 1
-^ r^ t-^ r^
f^ -vj- -vT ^ J3
_
vO
»0 ^ r^ lA P\
r-
^
Al AJ (M AJ
AJ Al ^ lA O
fe
O
1 O- t^ f^ -O
i:;>^s^S
f-. C^ TO rH 1
in r-i o o» m
O CT; r- TO ^
in
Aj in o nO f^
P'
o; O -O TO «A
6 in rH nj r^
^•gs
AJ rH vf ^ ai
PA PA O O 0>
£--
^
(^ ri ul -J
(M r> lA AJ sD
r-l
lA lA TO vD PA
AJ AJ >A r- PA
>r
-J
1 > ai m
5SP2*H e
O O <A TO Ov
C^ t- m r-« 1
^
8^8
'■;"
O o- O O sO
«A lA O -O AJ
^
m o AJ lA iH
AJ
-J'
m [■- r-. ,0
^^
'^ ^ -O ^
,0 Al -H iA O-
AJ M .-1
P-
TO m p\ p\ p^
AJ
:*
O O g TO «A
vD *A Q PA O
o 2; o "A lA
vO O AJ AJ C--
L.
(N
°l
m m PA -.J^
- ry f-^ fNj
>j ^ .-. IT. r-
-^ r-l r-l
^ O PA AJ PA
in ^ <jv AJ o
■n
p\
O m
If
m C^ -J lA .-1
m Aj o so PI
R
m
TO O --H ^
-
O
O .O -A rH C'-
vO
(M f^ ^ <T, rH
■-H -J CO O
c- ^o >r r^ vD
?5S:3:^a
i-l AJ AJ OJ
-h"
pa'
M
^'
o
1
g
2
Q O
»;::::
1^-
s
1
H
^ : : : : :
< C
1 1
§■::;;;
. r-4
b
50,000,
00,000.
00,000.
,000,00C
e
50,000.
00,000.
00,000.
,000, ooc
e
: g
: i
S
£
«,= ::::
$15,000
$20,000
$30,000
$50,000
$100,OOC
)00'0
000'
000'
000'
000'
§
S- : :88
$2,500
$3,000
$^,000
$5,000
$10,00
?» :d§8
88888
S
■«^«»*»-«» o
S *
■A O o o -^
^s° °s
.-1 AJ lA rt I.
: SS
o
11
ffl O ■ O .-1 IN
^ fc : ^■'»«
1
•D
nd n
sted
600.
der
unde
unde
apun
apun
apun
apun
apun
§§§§§
,000 un
,000 un
,000 un
,000 un
00,000
■tJ
S
nd n
sted
600.
der
unde
unde
unde
unde
unde
unde
unde
13 "O -D T3 -O
,000 un
,000 un
,000 un
,000 un
00,000
r-t c -a o -o rt
♦J Tj *i o 3 o +•
3le a
adJu
DO un
,000
500
§§§§§
§§§§§
"•H.-^Soo
88888
§§§!§
O m o O O
O in o O O
O lA O O o
8S88°.
■So'SSS
01 O C >0 rn .-.
^■tfii^'*^-^
ffl O C § rH* ^'
»as*s
*»■«■*?■«-«■
■««-«■ -t9"»-«
t-
(-
s
54
INDIVIDUAL INCOME TAX RETURNS FOR 1954
o g o
m 3 o
;§S
O f- o
O a; O
O -D O
in 3 O
8fe8
O 13 O
■tl- ■»
O (- Q
OHO
m -o o
O fH O
o o o
O XJ lA
^§^-
M-§^-
f- o
o o> o
O -D O
O "O o
o -a o
■» 3-w-
O CT* O (N) '
1 o^ -nT O rg
I I rH t^ o \0 u> «
>!■ [^ ir\ c~ a- o
----— N O O (\J \0 lA t^
I r\j c- to (^ c
^ 03 >f 0\ u
5^ r-l>>H->IC- fNJCMOOr
^ o^ CT- <-! rv
t rH in rH r^
1 O (? -O "-J
-.-— xo o> o CO in (-1
^%_-s_-v_- -S)
■^ --to
'\ vO o >J 0
M ^ a; r-l c
"i-— CD ry O u
-J- to
i-DC^^o njnj-H»ooj C^-J'0\0v0 •-imo^-J'
iHrHO inrHtnchg> >-ii-<Q>'*oo \oo<j'<~i
mmm ooOnTO stcooo^n <m.-i
O COOOOiO"^ >Onj<M
-^. — .. — <. f~~ ■ — .- — - m CT- CT" c- -^ •>!
1 t---^r-ic--ro:jeoc^>nr-<!>jf^i
r-l <*\ <-i r^OOOOO t-r^cn
,-,—,—. ,-~.,~. OOO fMC^riOin
.-^^—.—^ ^_^-^ -J- -^ CO Of t-H
<nOf^ o^fMOm^ oor^C^t^
(MO\0 o^CTir^\Dr-i r\jr^'^
-~-^-~.,— «. — . . — .,— V oom o^co-Dt^m r-l
_-^^-_^. — — -■.— t^ (^ to fM >-•
O mnjcvjcp rHC^njtoo ■■o f^ -^
— .—..— .in ^— tnomo eomt^ni-xj .-i
noo 0(MD-«fl\0 in-^OOry
—*.—*-— .^—..'-^-^■no^ 0>-Jnjnjto <n
.^..^ — .^ --w-^—in ^ >J ^ (M CM rH
§(M>in t^OOC^rttO iHOCOOC^ OOQ<^^flv£i
cyrjO ^-j<-ico-^ ojtonjmnj c^or^f^vO
minrH i-i i-i C~ C^ (\l 0^-tM>fvO >JO0O^rH
-.j-^ior^ ^O^nOvOf^ OOf^*©"-! (M
^r-ifM t-ii-tcnryO -4 (^ rti r-i i-i
!§§
UL.t-.t<F^ 4)0<UiDai •O'0'D-a(
Tj-o'O'a'a ccccc dssdc
§Si§§ §§§§§ qqoqS
s s^,
Q) O C
T) O
©•nOOO - " - - - QOOQC
* . - - - OinoOO OmoO
rgnjr^>tin fHr-trur^m .-(.-(fMu-ir-
55
01 -C
a V
0) 3
a o
e c
o
01 a
■g p.
c o
O *J 0)
-J (i> h
3tU) 3
u o
<a CO n
H tH 0)
5 rJ p
INDIVIDUAL INCOME TAX RETURNS FOR 1954
55
Table 7.— NUMBER OF RETURNS BY SIZE OF NONBUSINESS DEDUCTION /VND BY ADJUSTED GROSS INCOME CLASSES— RETURNS WITH ITEMIZED DEDUCTIONS
Adjusted gross income classes
RETURNS «ITH CONTRIBUTIONS DEDUCTED
Taxable and nontaxable returns:
No adjusted gross income
Under $600
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $A,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total
RETURNS WITH INTEREST PAID
Taxable and nontaxable returns:
No adjusted gross income
Under $600
$600 under $1,000
$1,000 under $1,500
$1, 500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $i,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000.
$1,000,000 or more
Total
RETURNS WITH TAXES PAID
Taxable and nontaxable returns:
No adjusted gross income
Under $600
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000. . .
$200,000 under $500,000
$500,000 under $1,000,000.
$1,000,000 or more
Total
RETURNS WITH MEDICAL EXPENSES DEDUCTED
Taxable and nontaxable returns :
No adjusted gross income
Under $600
$600 under $1,000
$1,000 under $1, 500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000....
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total.
Number of
returns
(1)
9,388
18,083
172,833
337,202
547,434
730,709
893,494
2,437,096
2,880,652
5,318,937
561,669
226,519
212,877
135,953
64,449
11,113
3,111
3,159
429
199
6,444
8,052
51,297
131,813
227,102
352,830
514,386
1,695,683
2,300,186
4,565,036
437,650
159,703
141,505
85,562
39,259
6,828
1,957
2,087
279
134
11,713
15,075
166,947
325,305
533,930
728,100
890,074
2,444,351
2,897,022
5,345,173
562,313
226,557
212,783
135,674
64,372
11,074
3,035
3,165
425
195
14,577,343
5,272
10,553
121,004
240,176
339,302
513,312
611,633
1,601,379
1,309,381
2,878,048
247,052
80,736
65,808
36,487
17,623
3,413
1,050
1,126
163
74
Number of returns by size of deduction
Under
$100
4,607
10,614
124,017
188, ail
264,879
305,918
351,936
837,183
957, too
1,296,725
52,935
14,060
9,199
4,160
1,136
114
30
29
4,424,037
3,557
29,654
73,332
133,160
179,541
241,265
638,696
617,442
735,143
42,648
18,332
16,240
11,573
4,990
322
200
180
19
11
2,747,830
2,599
6,518
116,561
185,315
322,622
384,862
400,175
734,974
432,556
367,537
11,620
2,377
2,333
1,052
341
66
19
:, 639, 147
(')
4,064
44,637
78,802
96,391
112,832
128,975
321,656
360,383
570,732
30,674
3,461
5,411
2,797
900
143
y,
30
$100
under
$200
2,572
3,970
37,254
117,168
191,509
223,521
269,667
737,630
816,958
1,407,944
92,922
25,806
19,123
8,233
2,211
174
37
45
3
3,956,750
l')
(')
9,540
31,233
42,889
90,916
115,089
390,733
475,541
693,960
43,772
15,202
14,562
7,196
3,125
376
126
104
1,937,423
2, MO
4,999
32,266
84,060
124,369
202,895
284,113
918,163
1,071,047
1,172,726
32,366
6,788
4,696
1,790
574
87
13
9
1
1
1,768,502
(M
4,016
32,163
59,760
106,965
132,120
154,039
386,431
444,946
638,626
39,483
11,189
6,404
2,945
1,293
217
47
54
10
$200
under
$300
(4)
9,528
24,175
64,310
142,890
166,463
419,764
469,530
944,815
92,044
28,856
20,109
8,378
2,597
263
46
36
(')
(')
5,568
10,602
18,720
39,399
74,931
274,972
427,527
766,384
45,704
15,427
11, 502
6,290
2,578
330
77
91
10
1,703,239
CM
(M
13,563
35,749
49,585
83,764
134,975
482,330
339,755
-,575,634
58, 130
14,060
7,741
2,947
733
105
21
19
2
1
3,302,807
(M
(M
17,007
40,203
69,846
96,556
112,026
305,290
347,605
511,297
34,332
9,528
7,571
3,308
1,264
212
71
80
7
3
$300
under
$400
(M
'M
4,934
16,660
31,150
57,745
266,300
300,326
642,623
79,354
23,131
22,376
10,015
2,847
270
39
36
1
1,466,403
CM
(M
3,000
9,608
15,603
19,751
37,682
207,753
377,475
383,670
58,110
16,703
13,097
6,939
2,402
348
94
59
5
3
1,658,415
CM
CM
3,017
10,126
21,744
32,853
43,411
170,252
342,350
,223,604
81,985
16,344
10,043
3,921
1,084
lis
28
17
3
1
CM
CM
9,574
27,636
46,719
73,225
82,316
194,655
232,124
366,672
26,418
7,622
6,091
2,900
1,282
245
62
57
6
$400
under
$500
(6)
CM
CM
CM
(M
6,031
19,098
22,149
99,430
197,655
377,426
61,403
23,982
21,519
9,763
2,782
319
53
33
844,246
CM
CM
CM
CM
9,602
10,126
24,740
100,209
215,351
674,644
61,366
18,397
12,233
7,346
2,727
243
74
72
7
3
1,141,719
CM
(M
4,021
8,059
15,098
17,241
56,137
108,266
582,782
93,343
22,269
13,143
4,954
1,414
143
33
26
3
2
933,507
CM
(M
6,542
13,693
19,648
31,676
39,837
129,722
156,575
255,261
21,270
6,255
6,112
2,535
1,068
263
64
$500
under
$1,000
17)
CM
CM
CM
3,995
8,108
25,529
74,272
134,071
596,762
132,094
69,059
66,527
38,929
13,066
1,202
227
164
CM
CM
5,017
7,119
11,097
19,679
76,712
179,231
760,553
152,975
53,932
44,913
22,243
3,119
1,249
286
256
26
(M
CM
CM
5,034
6,551
7,623
9,142
29,427
50,986
400,464
244,151
114,766
82,465
34,306
8,863
831
172
123
18
1
2,021,247 1,557,239 1,078,151 691,621 1,113,455
CM
CM
8,518
13,437
31,179
55,350
69,769
214,260
213,179
406,095
53,734
17,477
14,776
8,558
4,333
705
236
232
29
$1,000
under
$1,500
CM
CM
(M
(M '
3,512
45,533
33,867
20,606
26,215
22,441
9,323
1,092
227
137
19
166,018
CM
(M
(M
5,574
6,085
36,429
22,559
13,498
14,972
10,279
4,382
716
188
200
24
CM
(M
(M
CM
CM
CM
(M
15,744
26,633
37,502
57,065
32,135
10, 513
972
216
153
10
7
(M
IM
(M
9,525
9,491
14,625
23,635
33,778
62,630
13,864
7,389
6,329
3,320
1,773
381
117
126
17
10
196,109
$1,500
under
$2,000
$2,000
under
$2,500
C9)
CM
4,579
10,530
8,351
11,394
11,365
6,606
322
193
144
11
CM
CM
CM
4,633
6,210
4,284
5,703
4,611
2,640
477
137
131
CM
CM
CM
CM
4,965
7,922
21,991
22,415
8,533
973
173
139
18
10
(M
(M
CM
4,023
3,978
3,995
12,035
10,109
25,787
7,931
4,595
3,517
2,452
1,023
240
85
78
(10)
CM
3,607
3,537
6,037
6,479
5,245
754
159
94
10
(M
CM '
3,085
1,789
1,383
2,790
2,673
1,790
300
93
CM
(M
2,067
2,452
7,773
13,824
6,850
815
158
130
16
36,-195
CM
CM
cM
CM
3,017
7,029
7,143
15,612
5,155
2,102
2,337
1,573
739
196
46
$2,500
under
$3,000
111)
(M
1,222
1,783
3,304
3,682
3,263
677
123
100
9
3
15,179
IM
CM
929
1,042
1,756
1,647
1,297
332
61
74
13
CM
(M
CM
550
747
2,973
8,709
5,506
669
163
116
■17
22,528
CM
CM
CM
3,01
CM
(M
6,09
CM
13,217
4,747
3,054
2,585
1,809
1,400
255
100
120
21
13
$3,000
under
$4,000
1,338
1,167
3,599
5,442
4,197
344
241
Ul
9
5
732
691
1,475
1,862
1,603
314
121
119
11
6
7,438
503
447
1,614
6,113
3,330
1,131
243
235
19
5
19,145
c
c
('
6,551
2,282
1,495
1,337
1,222
785
144
45
60
$4,000
under
$5,000
$5,000
under
$10,000
(13)
303
890
1,377
2,285
2,352
623
174
125
(M
CM
543
327
808
901
919
231
82
87
13
CM
261
239
462
2,019
4,917
1,071
211
196
CM
(M'
CM
CM "
953
722
991
1,151
477
101
33
43
291
1,598
4,107
5,111
1,557
478
397
32
17
13,588
CM
239
408
1,147
1,522
1,777
570
187
223
40
10
CM
(M
185
120
479
1,199
5,655
3,337
929
664
50
10
13,643
CM
CM
3,017
1,180
397
1,700
1,321
1,167
290
104
134
20
10
8,571 10,381
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data."
^Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
56
INDIVIDUAL INCOME TAX RETURNS FOR 1954
-TAXABLE INCOME, TAX CREDITS, AND INCOME TAX, BV TAXABLE INCOME CLASSES FOR APPLICABLE TAX RATES
PART I JOINT RETURNS AND RETimNS OF SURVIVIIC SPOUSE
—
Taxable income classes
Number of
returns
with
taxable
income
Taxable
income
(ThouaBnd
dollaraj
Total of
the 5 tax
credits
(Thausand
dollars)
Dividends recrived credit
Retirement income credit
Income tax liability after credits
r^
Number of
returns
Amount
CTTiouj.nrf
dollars)
Humber of
returns
Amount
(Thousartd
dollars)
Normal tax and sm-t.jx
Alternative tax
Number of
returns
Amount
(Thousand
dollars)
Number of
returns
Amount
f Thousand
dollar a)
Taxable returns:
ll)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
20,653,492
4,550,699
680,064
259,616
142,310
87,830
56,890
39,633
27,760
20,555
16,159
21,554
19,070
10,355
6,005
3, 931
3,865
2,244
1,258
809
571
1,202
364
490
36,585,333
24,300,529
5,524,603
3,575,927
2,536,840
1,919,341
1,471,633
1,182,355
940,843
780,125
677,049
1,028,256
1,095,703
719,415
489,461
372,847
420,911
289, 145
187,660
137,051
108,316
286,359
124,073
337,569
18,044
14,88?
9,725
7,260
5,975
4,887
4,090
3,378
3,073
3,007
2,562
4,273
5,048
3,639
4,041
2,350
2,732
2,311
1,653
1,361
991
2,876
1,195
3,371
484,160
479,035
221,446
120,617
73,396
51,063
34,944
26,238
16,841
14,649
11,907
16,621
14,684
6,404
5,085
3,377
3,402
1,957
1,125
724
507
1,104
326
444
5,676
8,870
6,801
5,818
4,517
4,107
3,366
2,898
2,643
2,158
2,151
3,607
3,957
3,179
2,504
1,956
2,339
1,503
1,2U
937
799
2,232
667
2,722
84,552
28,550
10,549
4,848
2,901
2,311
1,779
1,072
928
786
486
766
695
452
323
195
• 195
148
93
65
34
90
33
55
11, 579
5,397
2,184
978
727
422
403
164
169
128
105
159
143
94
64
37
40
30
16
12
3
20
5
13
20,653,492
4,550,699
630,064
259,516
142,258
87,809
56,761
39,435
27,294
13, 167
9,791
11,705
9,248
4,294
2,407
1,373
1,272
651
329
171
138
213
58
69
7,299,805
4,966,290
1,414,859
837,470
640,152
520,676
427,474
366,860
306,311
174,646
150,851
219,270
227,852
137,549
95,339
65,555
75,916
48,342
29,609
18,130
17,111
35,023
14,375
43,577
8,254
6,363
9,849
9,822
6,061
3,598
2,508
2,593
1,593
929
638
433
989
306
421
107,420
97,747
182,544
235,519
133,330
138,078
119,770
144,692
108,632
76,024
60,300
47,471
138,529
62,983
199,320
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Over $4,000 not over $8,000
Over $8,000 not over $12,000
Over $12,000 not over $16,000
Over $16,000 not over $20,000
Over $20,000 not over $24,000
Over $24,000 not over $28,000
Over $28,000 not over $32,000
Over $32,000 not over $36,000
Over $36,000 not over $40,000
Over $40,000 not over $44,000;
Over $44,000 not over $52,000
Over $52,000 not over $64,000
Over $64,000 not over $76,000
Over $76,000 not over $38,000
Over $88,000 not over $100,000
Over $100,000 not over $120,000
Over $120,000 not over $140,000
Over $140,000 not over $160,000
Over $160,000 not over $180,000
Over $180,000 not over $200,000
Over $200,000 not over $300,000
Over $300,000 not over $400,000
Over $400,000
2
3
4
5
6
7
8
9
10
U
12
13
14
15
16
17
16
19
20
21
22
23
24
Ti
26,606,776
86, 143, 559
113,079
1, 594, 103
76,968
141,909
22,917
25,552,314
18,134,092
54,462
1,908,114
?5
Nontaxable returns:
Not over $4,000
Over $4,000 not over $8,000
Over $8,000 not over $12,000
Over $12,000 not over $16,000
Over $16,000 not over $20,000
Over $20,000
26
27
28
29
30
11
60,282
130
27
75
24
33
36,334
367
245
1,072
435
1,393
8,275
180
53
256
111
561
24,351
51
71
24
U
656
6
1
12
55,306
94
24
71
24
18
7,469
121
46
244
111
222
-
-
-
-
26
27
28
29
30
31
Total nontaxable returns
Grand total
32
60,571
40,346
9,437
24,511
675
55,537
3,213
-
-
-
-
32
33
26,567,347
86,183,905
122,516
1,613,619
77,543
197,446
31,130
26,552,314
18,134,092
54,462
1,906,114
33
PART II SEPARATE RETURNS OF HUSBANDS AND WIVES AND OF SINGLE PERSONS NOT HEAD OF HOUSEHOLD OR SURVIVING SPOUSE
Taxable income classes
Number of
returns
»ith
taxable
income
Taxable
income
(Thouaand
dollars)
Total of
the 5 tax
credits
f Thousand
dollars)
Dividends received credit
Retirement income credit
Income tax liability after creaits
Number of
returns
Amount
(Thouaand
dollara)
Number of
returns
Amount
(Thouaand
dollars)
Normal tax and surtax
Alternative tax
Number of
returns
Amount
(Thousand
dollars)
Number of
returns
Amount
(Thouaand
dollars)
Taxable returns:
Not over $2,000
Over $2,000 not over $-,000
Over $4,000 not over $f,000
Over $6,000 not over $8,000
Over $8,000 not over $10,000
Over $10,000 not over $12,000
Over $12,000 not over $14,000
Over $14,000 not over $16,000
Over $16,000 not over $13,000
Over $18,000 not over $20,000
Over $20,000 not over $22,000
Over $22,000 not over $26,000
Over $26,000 not over $32,000
Over $32,000 not over $38,000
Over $38,000 not over $44,000
Over $44,000 not over $50,000 ."
Over $50,000 not over $60,000
Over $60,000 not over $70,000
Over $70,000 not over $80,000
Over $30,000 not over $90,000
Over $90,000 not over $100,000
Over $100,000 not over $150,000
Over $150,000 not over $200,000
Over $200,000
(1)
(2)
(3)
(4)
(5)
l6)
(7)
(8)
19)
(10)
(11)
1
2
3
4
5
6
7
6
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
?4
10,289,364
3,970,670
558,529
U9,755
45,124
■ 29,607
17,954
12,319
9,533
7,296
5,043
7,462
7,459
3,956
2,311
1,751
2,091
1,296
714
574
483
828
291
477
9,261,644
10,889,328
2,647,968
814,502
411,297
325,527
232,070
184,348
163,136
U6,289
125,533
177,395
2U,485
137,024
94,252
81,953
114,031
33,530
53, 297
48,655
46,410
99,639
49,846
218,606
12,175
10,415
5,874
4,122
3,131
2,511
2,012
1,518
1,475
1,397
1,073
1,992
2,549
1,495
1,122
982
1,458
1,019
712
706
614
1,366
324
4,299
252,192
204,498
126,754
50,871
27,206
19,106
12,779
8,782
7,681
5,547
4,767
6,005
6,431
3,397
1,937
1,587
1,875
1,199
545
533
414
781
271
445
2,613
3,779
3,435
2,238
1,853
1,720
1,346
1,041
1,187
1,052
632
1,511
1,979
1,123
846
769
1,063
850
541
552
459
1,074
549
3,140
65,713
32,953
15,134
8,848
5,718
4,377
2,730
1,961
1,374
1,323
1,003
1,791
1,705
777
465
433
492
353
192
165
172
254
87
105
9,498
6,391
3,411
1,317
1,162
770
550
399
251
253
213
329
326
139
32
75
121
69
40
33
39
44
17
21
10,289,384
3,970,570
558,529
119,755
46,124
29,807
17,954
12,319
9,538
5,420
4,484
4,693
4,583
2,071
1,110
653
899
581
232
233
130
246
92
147
1,633,203
2,219,516
557,906
185, 154
100, 597
86,154
65,729
56,182
52,750
34,953
33,861
42,632
56,394
32,276
21,843
20,240
26,099
21,330
10,443
12,288
7,924
20,453
11,579
70,597
1,376
1,557
2,771
2,776
1,885
1,201
896
1,192
715
432
341
358
582
199
330
12,247
11,552
25,166
32,395
28,436
22,659
20,236
32,390
24,380
19,693
16,455
20,249
42,867
21,253
126,245
1
2
3
4
5
6
7
6
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
15,097,217
26,634,130
65,942
745,704
35,567
148,146
25,076
15,030,054
5,590,128
17,163
450,835
Nontaxable returns:
Not over $2,000
?6
116,961
(')
24
61,139
(')
340
12,565
(M
105
47,087
531
115,401
(M
24
12,020
105
-
-
-
-
26
28
29
30
31
Over $4,000 not over $6,000
Over $6,000 not over $8,000
Over $3,000 not over $10,000
Over $10,000
26
29
30
31
Total nontaxable returns
32
117,485
62,810
12,944
47,037
531
115,925
12, 398
-
-
-
-
32
33
15,214,702
26,596,940
73,336
792,791
36,093
264,071
38,474
15,030,054
5,590,128
17,163
456,836
33
See footnotes at end of table. See text for individual returns for "Explanation of Classifications and Terms" and "Description of Sample and Limitations of Data."
INDIVIDUAL INCOME TAX RETURNS FOR 1954
57
Table 8.-T4X*BLE INCOME, TAX CREDITS, AND INCOME TAX, BY TAXABLE INCOME CLASSES FOR APPLICABLE TAX RATES-Conlinued
PART III RETURIIS OF HEADS OF HOUSEHOLD
Taxable income classes
Taxable returns:
Not over $2,000
Over $2,000 not over $i,000
Over $4,000 not over $6,000
Over $6,000 not over $8,000
Over $8,000 not over $10,000
Over $10,000 not over $12,000..,
Over $12,000 not over $1A,000..,
Over $14,000 not over $16,000...
0\'er $16,000 not over $18,000...
Over $18,000 not over $20,000...
Over $20,000 not over $22,000...
Over $22,000 not over $24,000. .
Over $24,000 not over $23,000.,
Over $28,000 not over $32,000..
Over $32,000 not over $38,000.,
Over $38,000 not over $44,000..
Over $44,000 not over $50,000..
Over $50,000 not over $60,000..
Over $60,000 not over $70,000..
Over $70,000 not over $80,000..
Over $80,000 not over $90,000..
Over $90,000 not over $100,000.
Over $100,000 not over $150,000
Over $150,000 not over $200,000
Over $200,000 not over $300,000
Over $300,000
Total taxable returns....
Nontaxable returns:
Not over $2,000
Over $2,000 not over $4,000
Over $4,000 not over $6,000
Over $6,000 not over $8,000
Over $8,000 not over $10,000...
0\'er $10,000
Total nontaxable returns .
Grand total
Number of
retui-ns
with
taxable
income
(1)
439
373
70
18
114
,004
602
,092
1,520
,,313
1,0^5
1,027
1,021
,,272
.,051
.,523
.,061
704
742
528
308
353
209
158
55
86
126
41
30
32
3,017
Taxable
income
(Thouaand
t*>ttTM)
433,419
1,031,559
332 , 388
124,642
75,385
47,405
40,081
30,302
34,179
24,185
22,064
34,772
27,423
20,855
25,763
21,623
14,620
19, 101
13, 533
11,841
4,732
8,100
14,740
7,160
7,235
21,947
Total of
the 5 ta>
credits
( Thouaand
dollmra)
Dividends received credit
(3)
361
758
803
455
281
255
2U
165
387
96
134
278
156
139
482
121
92
253
154
148
44
73
143
147
105
124
Number of
returns
(4)
13,641
29,835
18,419
8,066
4,236
2,438
1,808
1,221
1,429
832
660
1,303
735
546
572
397
240
281
174
153
47
81
118
39
26
29
87,376
2,450,456
( Thauaand
dotlara)
15)
160
658
394
270
200
162
147
121
242
82
108
251
132
121
153
109
82
U4
127
132
34
67
127
83
80
106
Retirement income credit
Number of
returns
(6)
2,017
1,024
2,105
1,422
393
383
243
194
166
43
121
75
69
58
103
60
39
46
36
49
20
12
10
6
5
5
3,017
(Thouaand
dollara}
3,017
11,726
201
100
409
181
80
88
53
41
33
12
24
18
10
13
18
Income tax liability after credits
Normal tax and surtax
Number of
returns
(8)
439,114
373,004
70,602
18,092
3,520
4,313
3,095
2,027
2,021
1,243
1,051
1,470
362
439
434
198
158
172
94
51
30
24
32
11
7
Amount
(Thouaand
Number of
returns
85,908
208, 299
69,266
27,256
17,442
U,553
10,326
8,286
9,954
7,138
6,964
10,914
7,743
4,876
6,089
3,560
3,472
4,444
3,083
2,034
1,433
1,311
2,393
1,373
1,274
1,597
Alternative tax
llO)
276
265
308
330
150
181
115
107
25
62
94
30
23
Amount
(Thoua^id
dollara)
2,394
2,849
3,854
5,697
3,101
4,436
3,570
4,U9
1,U5
3,215
6,043
3,053
3,361
U,699
,541
Sec text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data.
'Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
58
INDIVIDUAL INCOME TAX RETURNS FOR 1954
Tuble 8.— ADJUSTED GROSS INCOME, TAXABLE INCOME, INCOME TAX, AVERAGE TAX, AND EFFECTIVE TAX RATE, BV TYPES OF INCOME TAX AND BY ADJUSTED GROSS INCOME CLASSES
Adjusted gross income classes
Number of
returns with
income tax
Adjusted
gross income
( Thouaend
doIlsrM)
Taxable
income
(Thoaaand
dollara)
Income tax
liability
after credits
(Thouamid
dollara)
Average
income tax
Effective tax
rate — incoise
tax after
credits as a
percent of
taxable IncoDE
ALL TAXABLE RETURNS
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $3,500
$3, 500 under $4, 000
$i,000 under $4,500
$4,500 under $5,000
$5,000 under $6,000
$6,000 under $7,000
$7,000 under $8,000
$8,000 under $9,000
$9,000 under $10,000
$10,000 under $15,000
$15, 000, under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
RETURNS WITH NORMAL TAX AND SURTAX
$600 under $1,000
$1,000 under $1,500
$1, 500 under $2,000
$2,000 under $2,500
$2 , 500 under $3 , 000
$3,000 under $3,500
$3, 500 under $4,000
$4,000 under $4, 500
$4, 500 under $5,000
$5,000 under $6,000
$6,000 under $7,000
$7,000 under $8,000
$8,000 under $9,000
$9,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$2O,0QO under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
RETURNS WIIH ALTERNATIVE TAX
Under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns under $5,000
Returns $5,000 or more
(1)
(2)
(3)
(4)
(5)
1,292,988
2,426,670
2,431,232
3,078,559
3,452,029
3,867,430
4,057,107
3,959,609
3,585,645
5,108,368
3,331,451
2,008,053
1,186,721
720,646
1,215,482
368,492
291,668
151,897
70,332
11,617
3,192
3,234
437
201
1,078,798
3,047,987
4,237,823
6,922,726
9,505,225
12,592,640
15,219,849
16,818,643
17,010,192
27,910,808
21,524,454
14,961,906
10,032,034
6,808,273
14,390,558
6,316,307
7,018,963
6,067,727
4,651,794
1,389,769
546,951
915,760
293,111
406,532
188,445
1,069,613
1,728,796
2,390,502
4,107,080
5,594,041
6,692,852
7,40i,211
7,754,769
13,732,379
11,821,062
3,944,484
6,324,419
4,479,943
10,096,351
4,303,176
5,610,769
5,052,115
3,946,268
1,170,329
452,450
740,497
234,354
332,333
37,648
213,519
344,635
575, 180
817,847
1,120,6CK
1,346,691
1,469,975
1,559,856
2,770,109
2,385,403
1,820,597
1,301,277
932,992
2,185,166
1,145,589
1,521,883
1,683,981
1,708,710
614,555
257, OU
455,363
154,785
222,374
29
88
142
137
237
290
332
376
435
542
716
907
1,097
1,295
1,798
3,109
5,213
10,402
24,295
52,901
80,518
140,805
354,199
1,106,338
42,633,060
209,668,830
115,226,743
625
1,292,988
2,426,670
2,431,232
3,078,559
3,452,029
3,867,430
4,057,107
3,959,609
3,535,645
5,108,368
3,331,451
2,008,053
1,136,721
720,646
1,215,432
368,464
235,773
143,050
34,553
3,900
374
721
74
1,078,798
3,047,987
4,237,823
6,922,726
9,505,225
12,592,640
15,219,849
16,818,643
17,010,192
27,910,808
21,524,454
14,961,906
10,032,034
6,808,273
14,390,558
6,315,756
6,870,670
5,270,463
2,227,259
461,847
149,163
200,453
50,030
96,253
138,445
1,069,613
1,728,796
2,890,502
4,107,080
5, 594, (XI
6,692,352
7,40;, 211
7,754,769
13,782,379
11,821,062
8,94^,484
6,324,419
4,479,948
10,096,351
4,807,668
5,482,206
4,358,078
1,877,893
384,746
120,032
155,105
37,833
72,842
37,648
213,519
34^,635
575,130
817,847
1,120,604
1,346,691
1,489,975
1,559,856
2,770,109
2,385,403
1,820,597
1,301,277
932,992
2,185,166
1,145,414
1,475,203
1,421,960
313,611
210,347
73,622
108,947
29,774
61,830
29
88
142
187
237
290
332
376
435
542
716
907
1,097
1,295
1,793
3,109
5,162
9,940
23,547
53,935
84,235
151,106
402,351
1,439,062
203,703,810
110,175,355
24,242,262
570
(')
5,895
18,847
35,779
7,717
2,318
2,513
363
158
148,293
797,264
2,424,535
927,922
397,788
715,307
243,081
310,279
(M
128, 563
694,037
2,068,375
785, 583
332,418
585,392
197,021
259,491
(M
46,675
262,021
895,099
40;, 208
183,392
346,416
125,011
160,494
7,918
13,903
25,017
52,379
79,117
137,850
344,363
1,015,736
73,618
5,051,388
32,920
28,151,269
14,481,791
86,433,883
123,234,947
37,430,309
77,796,434
7,505,955
19,159,798
267
1,323
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data.
^Sample variability of this item is too large to warrant showing it separately. However, this value is included In each total.
INDIVIDUAL INCOME TAX RETURNS FOR 1954
59
^
f^ vt
in
o
^
-
^
nD
O TO
ON
o
rH
AJ
m
-4
lA
-D
> TO OS O
^
pj
en
^
lA
■a
TO
ON
o
rH
AJ
m
^ 1
AJ AJ AJ AJ (M
AJ
a;
AI AJ AJ m <n
en
vf
^
-J vT
vO lA [- ^
ff. -J C- (-1 o
TO TO o> AJ r-
^ r^ o o f^
Cfl \0 m NO ■D
AJ c^ in ^ tn
AI
,
1 1 1 1 1
■ 111
1
s;l
e-g O
T) ->
?. a- ^ >
r-1 ?- ^ O f^
r- TO «0 TO CT-
•J- in AJ ON 'O
OS
^
15 Ia
5 5't. "
s :
rvS__^_^_
C~ ir\ r^ ■-* <y
n; iTi .£) r- O'
>j ON o m o-
ON P- AJ rH tn
■^
sO
^ QJ -r^
« «
i5^
(-« ^c^to
fH r^ru •-( TO
.-H ^ n fn m
^^ u^ ^" o^ r~"
t^Aj"o"0N">0
ti-C
uC
>J rH
s5 "
ei
■~"
^ ru >j-
C-. CT. a> r- IT.
^ ry -. .-.
^ ^
tr-
p-
sf ^J
?
lip.
o o ^ irt m
O* t^ r-. ro ^0
>!■ ^ t- o« m
O O tn O rH
AJ
,
1 1 1 :^ 1
;0 lA 1 1 1
1 1 1 1
■x^
o
^ ■s
C^ m ■ij -J- t^
m >0 m TO vO
m TO TO fn ~^
o
K;S
o
E2
i i
^ <-i o^ (n Tt
^ vO C vO TO
(^ ON -O m (M
■n n >r C-- OS
-J
'C
p-
Os TO
— ,
" i
3 —
;£|
^ IN C^ (^
TO -J nj t^ CO
oT^m Cl'lA
t^ nj" TO uC sT
r^ ^" ^ rH in
TO
r-T
Os"
P-'rH
O —
rH c^ (-\ -^r
»n TO «-\ >r TO
0\ -< ^D ^0 (M
TO m lA ^ f-^
^.^
i
f- —
e-§
n -f >j (-^ (N
:;■
-n
"0 ->
1 =
-H AJ [^ £> rH
ON C- AJ ON nO
•^^ O [^ AJ >0
r^ D- O On >A
-.r
sO
O ON TO AJ ON
P- O -O rH
1 1 1 ON
-J-
TO
TO O
f\j m r^ .£) TO
ON At f-^ O^ <H
n nl TO AI m
S
AJ nD m OS -J-
O ON rH O
vT
u-s
r-
O c^
>n r- o* t~-
0* >r -.J rn -vj
-H r- >!■ (7"^
<A .-* -1 -D ^D
rH
TO
TO
SJ3TO rH [- rH
fn o --t "n
2 -
(> o^O^on
(> ;!" ^ >0 TO
i^'^'f'-"
ON -I r^ -H
-vf
TO lA TO A) TO
lO in ON^ sJ3"(M
p-
rH £)
o
6
fii
^
^o-i o
tn ^ ^ r- t^
R
TOTO ^ O in
m AJ rH rH —
o
:^_a
1
-^"
AJ
"■
O
rH c^-* n
O O [> 3 0^
t^ ^O \0 r\ i-i
r\ t^ O* lO f^
S ^5^ 3 ^ TO
C- TO 3 ON r-<
O
s
AJ r- ON AJ AJ
ON TO rH >! AJ
;S 2^ f"" j;'
O P TO ON
' ' ' s
^
fn
ss
■? 5
^?o^_^
TO -H .-< f^ in
o lA >j ^ >r
f^ (^ nd CNj n
r^ AJ r- AJ lA
'£'
a.
O ON_^ O ON AJ
en
•o
>J TO
1 c
Q "
o7
to~4me^
^^[.^^Q^
>f 0> -f O lA
O nO CT> TO f^
O 3 C^ lA vf
in" lA TO lA sD
a
^
Nf rH OS o fn
sDP^TO COnj
r^
e-y
en
rH r^
So <N r-
TO 1-^ 0^ O TO
r-t ^ r-t TO
<?;
rH
TO sOO ON lA
o
°A
g
i|
li
rsifn m
m r-t
rH
sD
"
.D
in c <-i o
^ 00 ttl O^ TO
■A o -T <H r-
AJ 1^ -4- [^ .-1
r-i r-{ ir\ f-l •£>
■A
TO
^D -sj AJ TO TO
t; >I rH O
1 1 1 rH
^
^
'y. 5
^' lli u-» ^
C^ O rH TO --1
O (T^ r-t f~ r^
m (n sO AJ cn
nj TO -4- lA rH
.O <A <A AJ
s?
"^ ^
y3 O (^ vf
ri S ^ n °
o >r TO AJ t^
(j«^ C- OS >f sO
AJ rH en O '\
•O "^O^IA^^^^
^
OS
vQ en
•r 5
ry r^C-^TO
a> 'iJ f^ (M f^
\0 \0 AJ O t^
r-i
.£>
lA tn eoAj m
O TO lA -J-fNi
o
55
^ ^
CO ■D TO <N
^ u^ -- >j-o
m AI .-1 r-l
m
in TO TO lA AJ
^
ON
r^ e>j
rH ^ CVJ
oj ry nj ^ ^
c^
'^
aT
eM
^
m f-^ 0^ c^ ^
o *A r- r- r^
%D P- .-« ^ AI
\0 nd n m CD
^
1
,111,
1 1 1 1 1
■ III
,
^
D; :;t
« >-.
^ TO C^
>n f^ o tK C-
AJ ^ r- --t p-
vO t^ 0> sO "A
AJ rH O TO TO
o ?
■-J t. ^
! i
(O OO
f^ T. >J t-^ (^
AJ u^ o» o ^
lA f^ r- \D >o
C- OS f^^ CO 03
^~
^-
p-To'iT
TO oj m o> >o
r- (^ >-i o <-n
r-T OJ <n O A
m
^
;?£;"
g "^ .-^ "51
ll
r^ CO
O o^ m (M ^
n OS OS ■j> r^
AJ rH vO rH O
OS
On
O TO
g-S'SS
—
ni r> vo o^ .-(
AJ r-l nO 'H TO
ON OS AJ -.J -J-
m AJ fn rH rH
ON_
OS
■^r lA
c --
oj ry^,-?
0-
CT-
■^
'"'
^
^ ^
\D TO >r f^ "A
TO O 0> f^ AJ
fn TO \D sO O
■j:
1
1 1 ^ r-- ON
^ to ~4 o t>
o t> ■bo fS
ON -.t t O
en
'^
Ul ^
5 i^ cnI
■O O (^ D- vD
o r- r- -o lA
^ C-- tn m vj
AJ [^ r-l
■£)
^ o S:
<~i TO TO m [^
O^ AJ C^ tn ^c
Ail-, to n f'
OJ <n <A NT OD
O rH
m P- TO TO TO
O nD
1 i
li
O'
3\ IT. CTi
TO^C^t^o'c"
u^ ^A?>Oo'
-st C"^tn AJ A
C3 TO -* AJ ON
*D f-\ in (n ON
o^
rH ^
lA iD >j -4^ m
en sf
>r oj
oj m o> rv *D
^ TO r- lA TO
>} m .H TO —
rH TO O t- sO
OS
?J >t
ta c
'-' ^
O O^ fy >0 "A
r^ AJ_ 0-_ lA >f
O t^ ■£> r-t f->
ON
o
O Os
C
f- -^4
"
^ ^ c-^ >t m
rJ'o"cO lA^"
On -^r -J- -^ tn
■^
a
TO
^'s
sO. sO ya m m
ft to •!} -t --I
TO
^
TO tn O tn TO
OS AI O NO ON
-J- O en
ON
p-
sO rH
i
c 7
TO So
oj'r\j f^ ^ CT-
u-1 lA TO O C
.-1 P- -> ON iD
-H_0 -^^-OTO
O O ON P- -J
3
■A
H >A ^ -4- sf
lA \0 O O AJ
P- P- A
I>
AJ
;:; 5
/3
nj ON^OO
•^ lA -.J TO >r
-A «^TO r-a
t-TO t^ nD AJ
cn
O rH TO C- ON
TO rH (> >f^ .fl
f^o^__^ ^
TO
"^
en rH
1
'i
i =
»
3 ;3 i^
^":JS"e^"^*
TO O TO TO (T
•nJ ON p- vf r-
rH in in
t>
C
lA rj" O* on"" lA
m ON AJ n AJ
lA vOlA p^fn
rH sf AJ AJ ON
sO Osfsl -O
5
o
S2;
1
ft-8
^ "^ ^.
<r^?-i^ r-l^f\
sD in TO AJ f^
«
^
O lA ^D O «
P^AJ^P^OS ^
en rH
'"^.
^
TO en
o
c
"
^
oj'f^'lA.O vO
(T«'»0 r^ AJ ^
AJ
!r
rH rH AJ fn A)
AJ AJ iH
O
?
lA TO
^ AJ
rv O iJ TO lA
TO --H \0 lA a
^ .-1 lA sO ON
^O rH rH ON TO
__,
A)
lA TO ^ >£1 lA
-J- t> r- OS fn
'ti ^ ^
E:
p-
P- O
TJ O
c^ TO ?y
O p^ 0\ oi r^
r-l PI U-, ^ Ox
TO o r- A( AJ
TO .£) AJ C^ sO
tn [^ AJ vO rH
AJ O ON AJ lA
sO OS en
OS
^
1 ;;■
c- (^ a
r^ -^ ry ty -.t
o> ^o r- ^ TO
sD ON_o r^ a
TO sD lA r^ OS
a
0
■O \0 en AJ On
OS ON AJ TO p-H
AI ry U-.
ON_
"^
O TO
2i
5 c
2 B
-vP in [-^ [^ r-i
TO cTto 0>^ A
o" lA sD r-" sx
O O [NnO sO
-J
A
TO r^n o"->l
fn m -5 TO m
0'<^"--'A
p-"
o"p^
c> «> O
in r- (^ CM n
lA O O O ^
AJ o ■-« n o
O nO -J rH ON
f^
O
ON C^ Sf TO rH
rH s£p O m >J
en TOfsi en
-J-
>
li
3 r- -H
o u-i TO in t>
lA TO O* -^ --J
r-. to AJ^ r-
AJ Nf Ci AJ -H
TO
U^ AJ [^ ON lA
-J --i^
eNJ
-J
en rH
c
"? s
-J O (> OJ f^
^ O^ r^ C^ "ii
(n «A \o m >j
r-{
r-
rH ry AJ
AJ AJ rH
■n
.o
ig
o
< .3
.-1 r-*
AJ -H r-l
S
^
^
TO m c^ O TO
lA -C --1 -t -^
> o TO lA r-
rH n nD AJ O
AJ
rsj
O AJ U-, OO rH
rH m C^ \0 -^
'^ ^ £:
o
l-J
:32
^o f^ --1 C^ <A
lA TO AJ C- i-i
^ ON »A AJ rH
O sD \0 r\ rH
t^
rH sO fn AJ rH
O rH OS AJ rH
rH sO OS
o M cr
IT. TO w (^ n
r4 si- (^ ^«
^ O AJ ON A
-sT
-J
^ AJ lA TO C^
AiO rH \D C
TO rH^O
o_
-J
•A ON__
fi c
3
■.0 (> ci
r^" r-CnTin o
r^rTlA Aj cc
S^i:$^
O AI CM
P-
OS
TO O' AJ rH a
sD (n o" rH e
on" r-"^ AJ
rH
■^
■^"m"
^ 5
J3 .-1 rH sT O-
ON -J3 'O r-l C~-
Nl
C
in (-1 AI m .£1
m Os r- fn rH
O AJ-^
O
sO
P\ ?y
r-* -^ (f.
-.J o ^c^<»
-J O TO .-< >0
^ en Ajin
m TO m m O
On «J3 >t rsj rH
o
■^
2
^" oj rj fC rj
sTcC^rX
rH
si
r-l rH rH
TO
vt"
rH en
>.
II
f- ^ M in «0
-J o o* r^ lA
o f^ [> r- AJ
sO OS m ,-( O
lA -.J i-> m >j
m
,
1 1 1 1 1
1 1 t 1 1
III)
,
fn
lA TO
3 S ri a
•i U^ .C r-
oo o> K o-
Nf) TO TO TO -—I
lA r-t sD TO C--
li; 2:
TO O ^O 0» TO
-H -* lA i?J ON
.-. lA TO ON r^
m O rn r- m
t--
c^
ON [--
'lA
r^r\ NT "A
t-To" o a^c^
o" in o" -T A
«^iA"^"n"a
>f r^ m ^ n
lA
in
uCo."
II
t^ ^ -.r c-
■-I nj -J TO m
rv TO AJ o (^
TO -.t AJ TO O
rH m m m AI
'^
o ;Q
rj n U
TO ,-t f-i -,t m
O r^ TO tn ON
rH .-< lA sD r-
y3 AJ ^ rH nj
O
vD
^■;: "
r-. ^ ^ ^
r^AJ ^^
.1)
AJ
_i
O CT.
.n m -O fM
Q ^ ^ __, ^
0> OJ >I OS TO
^ xO ON >A TO
OS O > -.1 tn
tn
,
1 AI TO TO O
P^ ON lA o o
i^ :^ ' 9
s
^
TO m
■0 -^
33?:.S
o 3 TO fNj r
r- >D TO -H ^
m t-- vO rH xC
ry m ON lA n
^
^ rH rH [-
OS fn OS o <n
t^ OS CC
o
■^ s
C J
f^ O -^ -t O"
(n rH [^ rH AJ
m -^ ^ TO fn
C^
rH o TO r-
D- TO rH TO P-
AJ xD ^
-^ TO
"Z E
5 -^
TO (> TOO
O o^ C o in
nj 'H ^ >} o»
TO AI -5 AJ C-
NO TO O AJ •£
O AJ O >I AJ
sj
fn ON N
TO AJ so -J >J
-'I >I
3"
TO -D Aj 0«
OS O rH m -V
c*- lA -4- n i-i
A
r-* f-i
Zi
ni o
S c
£i
-H o r- S
^ u^ D -J. [^
t- TO O- f^ >f
0_^ TO xD 0_ OS
rH ^ P- AJ <n
r-t
m
■A TO
^f lA J r- [>
(^ -H TOvO S
o" vf in in ri
sTt
„
^
^
m [^
c^ O m C
^ ^ ^ ^
lA r^ AJ AJ O-
At O AJ c- Q
AI rH m O S
o
c
^ONnU>^
^ ^ ^ m OS
^ SA OS
AJ
*>!
TO -J-
o o r- -I a
.-1 <-. TO O >t
OS sO TO TO rH
lA t- sD rH in
rH
> AJ >J O nC
OS en OS
^o
3
'D
5 I
8^:5 o^c
c^ r-__ a O^TO
r- (^ TO AJ nj
1a rH n t> C
sj fn >!■ TO m
r-
(T
sD O n > C
-J AJ TO lA f
-J- ON^TO
ON
"^
rH -*
o" "n C-" C* i-H
AJ r^ y3 on"'.!
CV TO rn OJ O
rn "O" .D
If
> >i"on'"to*"a
At P-" o" NO IT
pru^;r.j:
o"
sO
:jI ^
t.
o ^
c- ^ ^ ^:
^ TO Aj tn nj
-O VJ3 rH uS m
•A \D r-t vT -4
AJ
■£
rHrsjsOsOsO (nsooNNoa
^ nj^
en
Os
o. o
E
£-§
C^ ^ <J' ^
tM '^'^'"l.O'
Aic=^0<^__Nl
-J r- ■£! n r-l
O-
t>
m .D sO t- r-
ON_ f^^ P-_^ CTs T-
rn'rH
m
AJ
in i^
-^in >D c^ .i
<D ■S S r^ ■-
fN
X
(n nTr-rfn r"
A? Aj" r^
s
en
m* Os"
<
w
^c
fM
ON
ga AJ
TO r- fn sO
m o CT- m f\
TO >1 vO >t n
TO O tn [^ ^
<J< --i O r-l Ct.
o
a
sD O rH TO C
m TO TO --H O
en -O cr
m
lA
ON vD
(I> TO rsj r\j
AJ 3 TO 3 r-
O lA O r^ r-
lA O nO AJ *
sO lA ^O rH rN
CO rHOsfONt^ .-iiA<nnrH
sO ON ^
s
[>
•q o
if
PgaP
TO -.f^ 0N_ O (M
lA Jn ON [^ ci.
r^ OS r- rH IT
a:
>1
TOTOr-p-Aj sj3.Dfnostt
ON rH TO
m
AJ rH
o -J p-H aTto
o" nO TO P- r-
ON ^O >A tn s£
TO
>
nJ en AJ On r-
ONsDAioiA mso— -r-
AJ
(^ -J-
li
sap
o o> --1 >-< ■-
r-* AJ -J3 r^ O
O. rH rH sD u-
TO Nt rH OS O
■£
ONsDTOrHTO ONTO^mr-
m ostM ^
^. ^
3
m lA Aj TO o
O^ "A ON O OC
mmoosD miAOsAjM
s£
c
AI^lArHC- C--fnTOO'^
^ rH —
AI (JN
-T C^ -j" ^0
CJ»AJln^o^- c^^-^o>£
-j" -O [^ sD -J
IT
rHrHAJfnAJ AJAJrHr-*
OS
?*.
^ ^.
< o
.H M rH ^
C
fM
O r\i
1,
"
m^
l^""
TO O OJ (J-
SSSS5
TOr-ltn^vO AJAJTOOAJ C^n(NfC-r-
C
^
C- m "A sD -J
O U-1 At in rH
•-I -4 r-
TO
s
rH r-
^O VA in AJ ^
TOOvxDOsm rHONfntnC
sC
O rH m AJ ^ .-
in^ON-.r\o tnr- x
->!
o
^>,E
O^ sO ^__tf
O-^'HJD^O cn>tOP-^ -.r-J-\DTOn ^DrHA(-.jn,
C
r-iAAirHin to >-* -.
CT-
o^
r-_^Aj^
f^ .O'H TO
(-J C^t-^O^T
TO f-i TO nO C
lATOrHrHO rHmtn
r-
o" ON'c^cniAtn' Aj"o"rHV,A
O ON<V A
P-*
in g3 in !a tc
nt^OTOAj .-isDOvvDr^ r-H
r-
3
mTOONt^tn tn-NTON-stAj toaj^-
-J-
5|£
rj '^ ^ C
■^TOOO^iA r^nOr-lC^ Ajf-\r\;,-l
O-TOOC^CM OC^>JAJr-
in"rH AJrHrH rH
^
p-
^"i
1
*J
8
i
s
B
8 8 8°-
1
o
c
(
o 8 8 8 c
o o o o
c-
* - -o
o
fl
<u
■-^
88?
o8S8g
§8§|S
° ° S.*^-c
- S88°-.
a
■^
8SS
O -n O O C
O o o o c
8 8 8
9 9
O >A O *f
lA o o o c
rH AJ lA rH 1
O lA O u-s C
r-l
8
O - -
4^-t&«3--«^ 1
J
.^ -O
(0
2
«°-»**
m f^ -St s: "^
>- <» <a- ^ <0 ^
\ ^o r^ TO o^ >-
J- «■ «e- w- «*■ <>'
«.^2-S-5
*■ (^ fH (, f, ^
li
°.sj"ks
► iiiii
► «sss
B
o
i°
U U t^ U 1-
01 01 a> 0) 1
)
c
B
t^
■»
S 111 0) a
3 t. -a -a T
t. L' L. Fh L
. r. k. ^ h t
0) 4. 01 o a
^
+^ "
^* (H ^, t
1^ U U U I-
U U %^ £
T3
*->
0) 01 ■!) OJ J
1 '*' •a -a -S n
T> 13 T3 T3 n
888p
1
n
„;
Qj 0) 01 <i) a
nil
o
6
II
888SE
8 8 8 8 c
° °*'-i'-i.s
e-
XI -r
a) -c
8|8§E
» m
s
O O o o c
- o~iAo"o'c
■ 8S88^
X a
5 c
OJ O O u^ C
- '-l°°c
tJ *J
X ^^^«
^ idiii
i sisss
rH rH AJ m ir
S- <«■ ** -W -«f «
^ rH rH AJ lA r-
9 «* «> *Xf- 1>
B 2
. l^ias
I iidii
■A yD TO r-
H
O
Z
CC CC
.H fNj m -
lA .£) [- TO a
^ O .-1 AJ (-> N
m ga r- TO 0
^ O rH rsj fn ^
u-
\ n£
s r-TO OS o r-
AJ en ^ >A vT
r- TO CT. c
rH
a7
en -nJ-
■* '"
r-t r-
'"
* "
H rs
J o
J fN
J CN
J CN
fN
J f'
c
f
e-
■^
''
^
^
^
^ 1
445805 O -57 -5
60
INDIVIDUAL INCOME TAX RETURNS FOR 1954
3 w oj en >
s -^ -^ -o
O X> <~4 11
V a ed t~
c- m >o c- -J
sO ^0 f^ TO rH
a* o i-i <j* TO
r- M- <n TO o
■-< o> -J- 'J- -r
TO .-I r~ <n (M
•4- m .-( TO
m (T< TO rv
rH CM vf
3 --I TO
^ 5 "^
TO IN 0^ O* Al
r- rn vD CM u
cn iH -4- vo m
OO ^CO•^J■
^ Od o TO <M
O c»l c- n >-t
r- o ov r~ r-t
t IN u-i !N o
-^ c^ ^ ^
^ O* ->!■ f-
fN t^ CT»
a^ <X> f
g.S
TO 3
TO >0 <H U
tH (N m r
O -J ry r
oi r-4 TO r~ in
o^ ^• (N TO o
u-\ vO P* O 0>
(N TO >i >t m
^ O O TO <N
o> -o -J' (-1 m
m O O O m
TO r-l 'O C^ -sf
csi ^ ~f
C^ --J- tn TO
rH CM TO vO
c- tn m >j
m w vO c^ TO
CJ» TO >0 m r^
^ in rH 0^ TO
too"-" -i" [^
f^ ^ in %0 m
O O' TO m nj
■* nj ov --r o*
m O (M m ■-
-£> >t TO TO f
in »0 O* O f
vO •>! O n (^
r~ c- r- TO t>
nj TO -H tn (M
o* Co m oj m
^ 0\ TO tJ> f^
TO m Nf o o
e-8
-sj -g- ^ m tM
CM •£)
n CO
p- CM >f m >f
■-i a^ cy] yO -i
CN f^ >J
1 a« -.* o
^ Cr vo •-*
■< o r- TO
CM O CM «0 O^
vD O O *n ry
>J CM ^
tn n O C- ^
TO V >t tn r
O O* »0 en r
TO 0\ P- 0\ O
\D m ry o^ -J
f^ <N O ^ O
O m
o TO
nt CT>
ON O
3 in o oj ^o
3 E-. .£) li) O
^ TO ON f^ -n
r- t-» TO o> p-
t*- in
m p-
TO TO O rH tn
-J en »0 TO TO
On CT- O f^ m
tfN rH rH nJ O
rH rH O m TO
in -O rn sj -J'
55 e^
3nO CM -J O
rH o >r rj
o vo--^---r-
^ p- o
ON rH n
rH rH -J-
-O to m--
CM ON
CM Cn
3:«
— rH CM rH *-- '-
nj TO
ON ^
0> P- O r
am m r
o f^ r^ ^o >o
TO vD O rH (T>
TO O 0> TO vO
n <-< rH
•-i (M 0\
m CO O
CM CM <*\ TO P-
e*
SS5
in m
> m >t >!■ TO
4) 3
IK
m m TO rH
£?• p- C> m
n vj CT« ^
rn m m ^^ p-
-J^ P- rH %D O
O TO >I TO P-
TO in o O in
nj rH TO vO O
{?> <N 0» -J O
- (^ P- ^ TO
3 oj m nj >j
1 ON P- rH c&
53 "
fn CM m ^n r>
O m o m ..*
5. s:
ig 1 =
0 ^ £ ■§
lO in vo m
ON (^ rH ^D
SsSssi
m CM »0 -i rH
rH m 5 S TO
>0 CM O CM m
>0 (*i -J rM nD
TO <n m »o so
CN -D en rH vO
rH P- O P^
O TO <n m TO
SSS3S
r- ^ TO rH ■>!
^ TO rH TO «6
ON TO [^ TO TO
I O CM
>J ON
S Z
O nO f^ TO
rH nj [> f>i
rH TO CM CM
P^ CM m TO rH
(^ rn in TO -J
CM en rH CM O
On ON rH TO -^r
S" c- ^ -^ *^
•J -J m n m
en rH en ^0 t^
•n TO TO en rH
3 nj -I en TO en ON
3 TO »0 m rH CM <JN
3 m O TO O TO TO
^ in ON ON
tn TO CM m
>* ON o m
TO ON Q ff< rn
rH ON O 0« TO
o ^ If) <o r^
r o ON CM o
c^ no en "A
_•>!■ <n ON rH
m m m o c^
ON r- r- P- in
■«J NO (T* m TO
o* o en TO o
nO en o t^ no >o m
nD ffi ON o >J m CM
rH m o >J TO -J- m
m p- in "O t^
CM *n -* -^ >j
o> t^ >» en t^
r-t ■^ CO >£> c~
m CM <-<
;3S5
nO Ov TO C-
rH tn C- TO
m o o in
TO TO -4 m in
o rH nj tn en
rH >o (N nj fn
% TO m p- TO
-i) in in CM r
Sin in %f rH
in o m m
rH in \0 o" TO
3 o o o
■CcTocTc
OrHnjfNj (ncn-vi^im -op-ooo»rH «>4i>«>«»^«>
5**^h^ *-^^!Hh ^^t,^,(,t.
»«*«
E oioiO) ii4>4ja)(ii i»<ua>a»4) •o'Oia'atJ cccc
3IhT3t)t3 -o-oxJ-OTi -o-a-OTJ-o ^QCPC 3333c
^22S SQSSS 9SSSQ QQOQv oSSoq
* QOQ OQOQO oqooq ooooo .^.-o
rHQOmo momoin OOOOO .«».- OOOOO
■flq--* ^-«.i« -..»» Omooo o-noo-
S^OrHrHrvj njcncn-rf-^ miDf^TOON rHrnnjtnin i~< i-t c^ ir\ ,-i
»<«»'«r'4»4» «»«44»4^4& •m^«)'*«H>»' «9.«^^«^t^ «»«>«9'«»'M^
D rH CM AJ
t> U Fh t. t
H t. Q
5 -O t-
§§§'
3«»«-*>** *»•»«»
;4*
3:f
INDIVIDUAL INCOME TAX RETURNS FOR 1954
61
rH CM fA -J-
•A \0 P- CO ON
O rH CM fA 1*
lA NO P^ CO ON
O rH f\J (n ^f
tM rM (N oj ry
■A tO p-eot^OrH AjcAitiA^o p-oot^o --i
CM CM AJAJAJfAfA fAfAfAiAcA fAfAtAit ^t
0^ 5;}|
^ r^ ^ r^ ^
>
5
■a
q
1
3
0)
!
Si
Income tax
liability
after
credits
II
5
sssS
O CM 00 00 tA
tJN CO AJ P- nO
O vD O rH ON
ON it On "A rH
"A ij ■;! e- tA
ON AJ ij O t^
rH p. lO ON 00
1 1 1 1 1
O-
0
CM CA CA CM
rH CM -J
rH CO lA -J fA
nD P- P- tA -.f
tA fA NO t- CM
'O r^ -^ --t
11
e- ■■->
Ii
^
,£) P- lA rH
Al O ON AJ
•O On ON tA
tA AJ rH lA O
ON -sf P- ij CD
r- CM CM CO ON
CM tA rH AJ fA
33383
rH rH tA 0« fA
fA 00 tA CM O-
00 O O It 00
CNj"
^
p-
-1
g
N
1.951,417
314,022
O P- >0 if
rH ^D rH rH
■-I CM
tA tA tA 1>J AJ
CM NO CA fA rH
(A CM rH CM
1
i 1
3
CO P-O CO
ON r- iT (A
rH C> On >!■ O
^ lA rH rH CD
(A rH >0 O rH
A?
i
136,439
131,224
97,031
54,481
52,108
22,091
17,916
11,802
s
1,925,393
73,132
5sgg
AJ rH rH rH rH
O NO It vO AJ
ij <-*
^1
3
^1
J!
I
^§Ss
NO 5 tA St S
nO CO CD nO AJ
-J- CD t^ CA P-
tA C^ 00 AJ lA
CA CD CD tO P-
CA CA CO lA ON
ON
(A
83,723
57,802
100,029
32,974
47,289
47,799
21,266
16,838
10,486
CO
P-
p
N
4,046,086
413,451
\0 00 nO (A
rH CM -li-
CA P- AJ -vt tA
nO St ^ ''^ "^
lA \0 \0 ij- fA
sas^^a
ass'^
O 01
^ ^<
3 f-.
§
152,746
194,278
206,231
199,472
166,223
102,326
75,137
33,374
13,268
5,121
5,087
1,554
CM 00 tA
1 < 1 1 t
ON__
CD
253,692
78,133
81,302
47,507
20,677
17,667
6,554
4,551
2,520
o
1,832,512
62,595
s
>
1
o
g
0)
Income tax
liability
after
credits
■0 -V
a
' o ^ S
CD tf^ NO
P- P- rH ij On
O --t CD nO -^
r- P- Ot rH CA
tA CM rH rH it
O ON P- O^ tA
vO tA O- >A O-
(T> it tA it ON
P-
s
O^
1 1 1 1 1 1 1 1 1 t 1 1 t 1
1
p
T
•i
p
c
o
2,338,963
7,158,694
rH \0 rH
AJ P~
CM P- CA 00 nO
>0 00 nD rH O
rH AJ vT •£> P-
1,362
1,257
1,008
738
553
1,089
406
361
233
116
O fA it
■0 -^
II
ll
£^
1 O ij P-
23S
rH CD ON P- CM
00 tA -J- t^ 0»
o AJ (i >j >t
CO «0 rH if O^
it nO P- -J "A
CO CD ij CD It
CM CD ON CO ON
<JN O nO CO CJN
tA ij CA it rH
fA P^ CM P- CD
C^ f "^ f^ o*
-J- O >0 tA o
ON
24
906
3,847
3,539
4,514
2,046
2,568
2,068
1,196
1-
ON
O^
CM
c
p
11,729,840
33,497,218
""Ss
-.f rH <M "A CD
rH it CM CT> tA
CO -i (A O tA
>0 O CD lA rH
CM nD vD C^ vO
00 (N c^ tA NO
fA >t <^J Q P-
00 CM tA O -O
O I^ tA t^ AJ
CD sO CD ^
\
tl^
rH (M CA fA
-£1 >0 it fA CM
tA rH rH
a.
1
■0 ^
tt
AJ O P-
P- P- CD •£> 1*
rH \D lA rH -i)
CO P- rH ij xO
lA p- CD ON C^
CA (JN t^ "A -O
NO CA CD it P-
nd -.J lA r^ >i
C^ lA rH rH CM
AJ
i;
fA
1,037,006
1,556,715
2,513,681
2,853,499
2,520,037
2,323,755
1,853,781
1,371,768
652,574
326,075
197,578
51,911
p^
c
r
p
1
34,223,719
14,514,573
rH \0 -£>
nO AJ lA
^ ^ "^^
1,957
2,634
3,457
3,815
3,605
5,063
3,420
2,104
1,257
789
SS3^°"
1
,1
1:
m «
si
>
O rH CO
AJ tA O
-J- CA ON C^ (A
fA yD •£) -^ CM
0> O (M (J- O'
n CM ^ >I lA
CT. ^ Ov f^ vO
fA fA ON CM rH
^ 'H P- tA rH
g
195,220
657,362
1,545,468
2,180,334
2,058,008
2,054,925
1,734,530
1,295,197
617,902
319,143
199,341
51,839
§
o"
ON
p
p
p
44,790,960
52,915,211
Q
1
2; ° 2*
CO CM CD
rH NO NO
ON c^ ON c^ r-
r- CM rH r- CA
O "A it >o ON
O^ >0 C^ rH ^
o m m 0^ fn
oj c^ to en m
06 rH lA P- CM
ON «0 CO --\
CA
P;^
it"
CO
CA ij NO P- P-
(-1 o r^ m n
r-t •-*
%0 OJ rH
as
S
■3 «
*^ 3
1"
"S
134,356
355,028
750,791
1,111,158
1,387,572
1,710,496
1,806,195
1,672,465
2,415,063
1,664,014
1,054,665
637,158
406,213
585,090
123,542
66,000
21,051
4,448
(A
o
ON_
548,890
310,148
1,248,295
1,237,629
907,885
760,602
539,004
344,419
145,536
68,327
37,034
8,007
-71
p-
■o
NO
tr
15,538,796
7,022,755
1
c
o
■C3
1
♦J
c
Inoome ta/
liability
after
credits
Ii
5
iT ^ lA AJ
CA u-1 p- r-
CM (A NO CO
ON CO CM r^ o
\D CM tA tA lA
CO t^ o- St o
<n o CD m t^
CT' o^ r- ^ fn
it r^ CD no p-
■^ >JD it 00 lA
rH rH -} ON Ai
it ON O fA it
(A CA CD -ja -^
rH it P- It 0«
t 1 1 1 1 t t 1 r 1 1 III
a
5,727,387
3,313,835
1
a.
nO O lA «0
tA O O CO
AI<A-4^
676
887
1,027
1,055
1,050
1,727
1,449
1,130
814
604
CM It It AJ rH
K)-""
0)
■0 -y
vt
CO O CA v^
CM lA CA S
O nO CM r^ rH
tA (M tA ON CM
«A rH CM ON it
ssSss
tA CO rH AJ O
CM O CM rH CO
NO \D C^ rH It
AJ ^ (A sO CD
o
AJ
142
2,867
16,162
19,937
8,083
6,579
3,377
2,568
2,068
1,196
o
s
s
ct
28,569,265
33,379,595
rH CA CA CM
38S?
tO ij CM tO nD
t^ lA CM fA CD
in rH tA ON CO
O tA fA CD ON
[^ It It CO ON
NO ON tA C- CM
rH r- O rH
-J ^
NO
NO
.-t ^ OJ
tA It tA lA u^
CO P- tA fA ru
lA rH rH
1
■ft ->
P
r\
C- >0 nD lA
.D rH O rH
CM n ON rH
ij tf\ CA CD tA
rH ON ^ nO CA
ON (M ij (A lA
AJ CA CM 00 rH
CO it O rH it
tA Al J3 tA rH
AJO OU r-t O
AJ fN P- rH (^J
5
3
CD
3,230,655
2,497,625
3,433,344
3,453,996
2,776,953
2,435,833
1,946,995
1,421,563
679,974
334,154
197,578
54,911
101
fA
Nl
49,039,240
15,326,899
fA O lA CO
r*- lA no lA
Q O^ lA lA O
5 p-00 ot ON
tA 00 iJ it O
•O CD O' O rH
it lA rH tA 00
rH <A r^ C^ O
fA P~ ij ij rH
CM' CM rH
rH
rH rH CM
CA fA it it it
lA (A CM rH
II
3
si
T5 -^
5
J3 rH AJ 1*
«D NO 00 P-
rH O NO COCO
-iJ O CA ij rH
f3N 0> C^ ON CO
lA vO CA it fA
sssg;8
P- i} rH at >t
if >A CO ON rH
rH tA CM P- O
O O NO lA rH
it
1,283,661
1,342,152
2,325,491
2,734,538
2,300,359
2,214,915
1,328,433
1,345,705
642,967
326,341
199,341
54,874
81 /^
S
i
0
77,703,708
59,184,089
U1 .H ^O rH
rH CD ij CD
O P- tA lA
ON fA CO rH CO
CA AJ (A O Al
It CM NO CO CA
ON P- CO O ON
tA On lA CO rH
it -O nD CO -tf
ij lA nO lA rH
tA CA P- CO fA
fA CO O r^
it --^
CM
CD
rH CM CA lA
[^ o>o o o
rH rH rH
tA rH CO lA ij-
rH r^
P- CM rH
0 «
5
rH CA rH CO
iaSil
lA CD <A ^ -O
O O On CD rH
r- rH rH rH rH
fA rH rH CO tA
O CM CD nO On
K5^"^
cd"
3,909,214
1,737,870
1,894,746
1,552,646
1,016,074
820,482
568,169
357,991
151,556
69,823
37,034
8,507
71
lA
CO
3
oj"
33,133,596
7,906,817
AJ *A CO P-
AJ rH fACO
CM CM O ij
C^ CO CD lA rH
CA CO rH vO lA
CD CO rH -D -^
JSSS-'
rH CM CM ry
CM CM CM CNJ CM
CM rH rH
i
c
2
.1
5
'O"
ll
Q C
-C
£
Si
a
r-*
Cd
f-
c
•c
1
n
dsis
000
000
000
,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
1
I
0
(
c
c
g
g
g
g
I
i
jle returns:
)0 under $1,0(
000 under $1
500 under $2
000 under $2
500 under $3
000 under $3
500 under $4
000 under $4
500 under $5
000 under $6
000 under $7
000 under J«
000 under $9
000 under $1C
Total taxE
xable returns
adjusted gro.
O rH CM A
rH
|lll
g8 «^c
$2,500 under $3
$3,000 under $3
$3,500 under $4
$4,000 under $4
0) a
tfCxf
U Q
to -D rH rH AJ
^SSi^;i
^^^^^
rH CM CA >J
lA .o r^ CO ON
O rH AJ r-i it
rA rM r-i r-< r-i
f^ .o r- m <^
O rH AJ (A il
CM CM CM CM (N
u-
A
^
R
a
c
?
(^
r
s
nj:
f-
Ct
sg
-J
^
si
:!
1
62
INDIVIDUAL INCOME TAX RETURNS FOR 1954
^ vO r- CO O'
I CO a t. r- ^
5; is
e^
ly 00 in ^
r^ VO TO O
r- t^ o* 00
3 T, ^O
TO n O 0^ TO
^ U-l U-l m rH
t- TO (N r-t Ov
CO :n u-i r- o
(-1 (T- "^ ^ ^
-J- ^ >r rn fv
_ ^ f- i£) fM
>o o> in >H -f
OiiAtntn tnooO>od TOryTOrHoj rH'iJ'-iiriiA >rT»-J'
eo a* O' o]
O^TO^OC^ rHr-J>JiMO^ CMTOO-COTO
lOtnTOrvst iri'jn-4'(J' -4'^DO*np^
mt^rHOTO mmfnoifn c^rvTOc-fn
O TO 00 .H
TO O r- TO
DTOC^n ■OCMU~ir-<M rrivOriTOTO
]-fno>-< ^OTOiTiTO or-oc-o^
rj r\j (-
O O t^ m CM
r\ en ro O O
-J- O O -sj TO
1 [- CT' TO ^
^ -^ -J- a> r-
1 m lA -.t r-
^ r^ ^ ^0
^ a\ tji TO
■J TO -Nf -.J
\D ■£> r-l n C
sD TO fn TO 0
O O ijv (-1 r
vO rH lO CM
< [> O lA
<N -J in
> en ^ O -vT c^ O
^ rH O^ rn fM r- CT»
H CM t- c^ m <M r-
O TO r- ^ rH
i O m en TO
vo o o --r
TO yD "D %I O
(T" \D ^0 -I -H
TO en (jv Of
0< >0 CM f-1
3 IS \D >0
■\ TO \D 0^
■\ C3 a^ cf
^ CM 0
O TO tf
O «£> ^
tc ~i 1-1
CO tn en
•^ r- o
O' o n
m fvj CM
5 :
3123
m TO -4 TO TO
t^ r* « CM (M
-J m fn t-- TO
in\o>j-TO^ o^c>oc
c^r-inrvjo >ocMTO-i
CMr-imOCM CMO-^ru
(n o
5 C
M •* nj ^o
■- Q ruTO
rH en CM »o >r
TO -^ en 5 TO
TO r4 vO CM tn
<>; d 9 £ :£
\0 en (J> TO CM
TO >n tn en TO
SSa5K
H -i) ^ in
p- TO p- TO m
>D en vO C^ TO
SSSSi5!
SSSS"
I o r-
CM d
v£> O
CM p-l
TO t^
5 S
O »o ->f <n
^ M TO CT«
H p- m m >j
S-i) c^ o r-
vD ij- r^ c-
i> a^ ^D o t>
SCSI o en TO m CT*
sD TO fu O* C^ ON
rH l-H O O en lA VD
fv^m^O CMr-IQt-<\0
o>0\ocMtn -J^Do^nc^
I en (7- I
en CM
in -i
\D rH r- C nj
c^ CM c> o^ en
■< nj CM r\J CM
r^ >t o> fv •-
Ci -i e>j ^
\0 O »n en ov
en o^ nj >t c*-
i-H m CM en
en CO ^D C^ 0> (M Q
a»-<n m (M o^ o\ o
O in m o 0> ^ m
3 Q o S
3 O O ,
8 0 O S
O O O
3 O O O •«
' o" o" o" S
■»«>■«> <©^ o
a iH
?8
O O Q O O
O O S Q O
•n o «n 5 m
I< t. Ih (h Lh
dj 0) m v <D
"O "O tJ xJ "O
§§§§§
o o o o o
88888
B^Or^^-^rM cM(n<n-.t-j iniOr-cco
■<■«*■«*■«»-« «»'«^«>«»'«^ <i**»*»-^'(»
m \0 !:>« TO CT>
t. Ch F^ F. h
Qj <u ni oj 0
mil
88888
o o o o o
O inO (D O
.H r-l (M tn lA
♦> «> -SO- <» «»
■n \0 C^ 00 O^
■a tj tj TJ o
£13
0)
(0 TJ
§u-,o<n Sino^ne
rHcMcv mcn>*>*u-
• «& (< Ih ^
. 0) Q) <U
D t, -a -o -a
^ Fh h ti (4
oj 0) a> 0) <v
'^ tl "O ^O "O
o
s^ u h e
II O 0)
XJ 'O 'O Fh
0008
O Q O O
000 -
33
INDIVIDUAL INCOME TAX RETURNS FOR 1954
63
-" ^"-'
m vo r- 00 O'
O rH ojfn -J
lA -i) r- TO a»
t-J i-l rH iH r-C
OJ OJ oi OJ OJ
in
OJ
VJ3
OI
OJ fM OJ m (n
(N en '^ *A >o
(n fn fn (n (n
RSSS
>t
3
33
>
1
1
o
■Jl
c
♦J
a)
g.
« p. -J
a. r-i 1' -^
e -1 -> -o
O J3 <- 01
1?
li
5
--• S^o :^
C fV a u^ *<^
■J O^ to f\I \D
lO CC Aj 0> (T-
o to > -ja -J'
O- >f O D- \0
rH --t OJ O ^T
fn r^ OJ r- OJ
■A ^" c^ >o tn
tn O ^ rH lA
u^ OJ C^ to" C^
OJ t^ lA lA m
r-- o7 o" oT sD
fn
fn
1 1 t 1 r 1 1 1 1 1 [ 1 1 1 1
1
m
tn
ctTo"
SS
1 •
II
^
sHs
ff^ O CT^ 8 S
f^ r^ \0 IT* m
c^ OJ o ■-< <n
lO rn OJ -i} OJ
o Ti fn "D o
<n o OJ o OJ
TO (n fn o >r
-t TO %o rt »n
o o (n o ^
tn TO TO fn ->r
<n (n -J c- (>
o
(n
OJ
(S
-.r_TO
VJ3 c^
•4 o o
<n >f m (^ (n
u^ Oi OO CO C^
>f Ol en (H •>!
c- u^ m OJ —<
{jv o r- <n fn
«A -4- ^ -sf fn
""""^
C
o
♦J
a.
"0 -V
si
li
I
SH3
r- O' CT- a- iNj
O sD f-i OJ O)
iTi to (\ rv ^o
j3 fn ^ OJ <n
r- --1 ^ -.1 [^
to »o c- <?> ^
(^ g;0 ^ j^
[^ r- O 0> "A
fn m TO OJ lA
vO
o
i
TO
Jn in 5 S
O o^ t> ^
(M fn \0 lA tn
sfty^cj fM
P 1 1 <?•
3
-o o
lAfn'
tn c-
""i^S
C-- en ■-" o^ tn
m u-i u-v ^ fn
tn .o r- lA fn
OJ M
r- fn CM ^
■s 1
^1
i i
5
CJ t^ » s
^ 1? rH fNJ O
rH OJ m [^ (n
to yD -J- a> tn
■-H TO c^ ^o m
SSS3c£
yD ^O >0 TO »0
OJ TO lA ■,!■ Ol
vO (? ^ o o
^- OJ t^ OJ lo
U^ lO to U> ^JD
TO
1
•A O to m
TO 0> ^D tn
C^ 1
CO— '--'-
tn
r7
s
s"
t^
TO O
m -.f
§
issS
CO %D lo m --1
rH (n .D r-i c~-
O rH ^ O O
rH OJ tn ^ m
o en c^ o^ vJ3
vo cj\ -.f >r i£j
^ r-. U^ r-< vO
<n <n sO OJ tn
TO
(n
TO
S
O O "A lA
tncM fv fM
fn
g
o
tn
^2SS
tn r- o o TO
-f m vj ^ OJ
Si3'"'"~
«0 OI OJ ^
s
■a
C
(-.
O
X
CO >,
5 ,o t- o
ii
li
o
1 CO ^D ^j3
»o .o to tn oi
>f TO oj tn OJ
^D t^ -t >£> ^
lO .O <A lA lA
^ fn TO TO S
umi
?? lo ^ ^ 3
3
t 1
3
31
n -^
^ o O^ o o
^ ^ fn >i
■-< 12 -J' TO O
^ to .o -^ en
sH|s
8SS2g
11
H
CT^
<o r- tn
m ^D <n vo tn
O S to t^ en
SsSH
'O OJ o lA tn
vo r- fn TO ^
O .-I -Nf Qv O)
tn
i>
O
1 1 1 r-t rsj
C-- a-
r^ OJ TO IN r-
■H fM fM OJ ^"^
fn -J- 1 o^
'-' ^5 ;*
lA so t--
fM r^
3
OJ
CO
o*
lA \0
>j %D f^ >t .-<
^ <-H r- OJ tn
OJ lo a- »o o
sgass
ya n OJ OJ u^
O OJ rH ^ lA
OJ -i] a* o( OJ
O *0 lA TO OJ
(J, rn lA .H ,-H
^ OJ
NT >J fn OJ rH
^ OJ (n cn <n
C
B
0)
1?
5
<n r- oi ^ TO
rH rH OJ oT
TO o a> lA t>
(n OJ C-- oj o
^ TO TO <n g
>0 O t- O ^D
^" m" .-T r^
■^ >D TO o^ <n
00 O* t^ O^ TO
>o >o tn c^ oi
r-J_ -4- -J OJ .-*
>t (n lA (n o*
■-( en -J c- tn
o c^r- -o o)
rH uCuC
OJ
OJ
TO
OJ
o"
r-l
fN TO (J> -I 1-1
n-1 fn kA -J r-H
O -^ •-* C\t Cf
TO lA r^ >0 lA
^ fn o TO o
■^ r-t fM OI -^
o TO tn m lA
rH tn CT- TO m
fM fM tn >f'r^
O^ CT> to [^ "O
m fn m OJ ^
•£) O^ OJ
SS s
s
tn
o
tn
rvj
OJ
vO ■^
lA TO
1
P
S S
! i
^
1 (n >o \0
(n ry qT
TO C- C- .-< OJ
fn o> ^a TO fn
-J- -»r •£! r- OJ
«0 l> > oT vO
r- >J rH ^ TO
o^ o >i to r-
TO N* O t^ TO
sasst;
\0 i-H O rH -^
fn >A ,-1 TO c-
•.O TO TO O to
r^ »D lA ir- OJ
OJ lA vJD vO TO
\0 OJ TO O »0
■H vf TO \D "A
■JD lA en r-l O
■-« -t C^ OJ (-1
TO
fn
s
i
■sj fn TO o^ (J*
s;e;8SS
o fn i-H o> o
--J rH o> -4 U^"
TO O sO -i fn
-J- lA ^ tn fM
fM •£) TO
o'rH'-.^r
fn fnfj tn
(J-
TO
lA OJ
si
OJ fn -J- IT.
—( (Ti *0 ^ OJ
^o tn -^ >j m
■o
ii~\ (n (n
o <n •-' >H fn
t^ (n <M OJ rW
r- o] fn lo o<
r-( -J OJ lO \0
•o <n OJ OJ >o
(n lA o( a- r-
r-l ■.O ^O ^ (J'
r-l in OJ OJ O
r- ^o sD (n <-i
iD
^0
o"
OJ
m
i
O -sj- O 0^ vJ3
"'"aVas
O^ <-( TO O C--
C^ lA OJ TO ^
00 \0 fM
CM oTtM oj"
3
r>7
S3
^• r-<
C-^OJ
ru -.f r^
t^ to
OJ iO o o^ t^
tf^OJ O tn r-(
(n *o a> .H OJ
•i) O r-« lO OJ
O (n TO ^ OJ
>t o OJ <n c^
OJ o C O) u-\
lA OJ ^ ^
CT- OJ Ol
•o
•a
1
s
E
3
o:
H
5
-J- tn O to
rH vO .£. O
-J ^ ff fn
-2Sg
t- r^ fn OJ o
(J> lO C^ lO to
sssss
r-t (M <n >j- <r\
OJ >r^ t-^ ^^ ^D
oTtAoTtv 00
3 o* ȣ> ^ tn
OJ OJ lA lA (n
O ^ >j Ov^ >f^
rH r-l i-H
3rss§
■H OJ O -J fH
C "A St lA OJ
'.■^ OJ >J r-t OJ
IA
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1
-J-
vO
S2
P.
1-5
• «
li
_;£_
o tn fn C--
>f r- r-< ro
O m Q --t TO
OJ [^ r^ >1 O^
rH (n -i) -J .-1
TO r^ >j- fn ^
vO TO TO <n TO
OJ ■£) -J O TO
t^ ya St TO lA
fn lo 0> oi OI
3
1 t r-l ^o fn
voiAfn
r-t \0 TO
fn -.t"
•4- O TO fM OJ
rH lO r-l tn ^0
r-- fNj TO fM 'iJ
O «0 oToj fM
tn -.1
TO
CM
TO
n TO
rH OI
S ^
>A OI
ON -.1
(^ m3 u-\ e^
vo a» ->f
2S8g5
-1 -T oToj"
OJ vfl -^ tn lo
rv vO \0 vD ->f
>r^TO o oj^«a
^ oi ^ ^ (n
rH -J t- OJ f^
1
-0 ->
?;
^O -nI g >t
in TO O IT'
O -J- \D «D O
(n <-t fn —( -Nf
•^ ^ r\ \0 \0
>f <C Ol iD %0
saass;
§SoSS
c*- OJ -* TO fn
S
3
o
tn
c V tr c^ tn
r- lA tj> lA OJ
%0 sD lA >f" lA
en OJ fn rH TO
r-t (SI m r^
■H O^ TO rH lA
>1 tM E^ tn ^
vS fM OJ lA fM
vD (D oT .O h"
>t OI »D TO C-
-3- -4- fn fM rH
sO -sj- TO
fM
fn TO
CT« to
CN <M tf\ u-i
^ (-% m O^
.-1 r^ lA
a -4 <^ f^ --^
^ o 4 -t (n
ly in (3 v£i TO
rH rv oTo^
r^ en Of TO TO
TO rH TO O 5
^ fn rH .-1
rH lA *0 <A ^D
OJ (Ji iD (Ji tn
OJ ^ ^ OJ rH
OJ %o ^
■o o
^ 0
QO
1:
li
S
<J« « H -H
■"^(n o o
lA CO .-T *0 rT
^0 vO to .-< 00
O tn loo vo
fn TO tn o p
*D o >-( -* t^
U^ ^ lA O OJ
r- CO to TO <n
TO o^ OJ oi (n
Ia o fn ?i In
t^ TO --1 lO -sj
-4- tn o S^ O
fn *A ov OI -.J
§
tn
£
8
«A TOO Q rH
>n <H IA \0 i-H
rS C^ fM OJ^ 0^^
rH OJ lA TO TO
r-t f\j tn -.J
spasfs
vt TO lO D- Ci
TO lA 3^ TO -T
tf> lo >t m OJ
P. s
>0 rH-— ' t^
tn -J-fM ^
OJ r-t —
OJ
OS
OJ
TO
tn
tn o
„f5 3
fM tn >j -f) \0
OJ C> lO -Nt OJ
■O en tf^ >A >j
(!■ 3
s
E^ CC ■,! c^
r- rg (n IN
00 (n o r-
a^^Ss
OJ rH fn O 'O
,-. [^ OJTO TO
tn in rH to ^
lA rH r- \0 .-J
>f TO >A .H TO
-4- OJ TO OJ tn
to -4- C^ \0 Q
TO
1
iSSia
o" oT CT-" O? £--'
tn ->i IT* (N <-H
^ ^ fM OJ
TO \D .-1 a- TO
\D t^ O TO m
CM fn m lA t>
'^i" £^ if ^^ ^'
r^ c~- f^ O* lA
n'o'cM fM
N* OJ —
lA
to O
l-H TO
o -o
0^"iO
O rH (n O
IT. m o-' lo ^-
r^ o OJ St ^
lA TO <0 0> TO
OJ^vt^TO -.J OJ
o7rH"
rH O *OTO «A
f- fn r-i m sD
U-. OJ OJ ^
■-•
s
u
110
XJ
3
<
J8§8
'iiiii
88888
>A o o o o
t< Fh (^ (h (h
8 8 8 S. :
0_ C3 CD O •
t, t. t. t,
liiil
W
1
c
pg
£|
OJ M
2 o
g 2
.' -«» »^ F> Fh
d t. -S -S -s
Q a> c c c
>o TJ 3 9 3
t. 55 g
tn tn -^ ^ "A
ti C^ 1.. (^ L.
OJ 0> U) 0> Ot
8|8|8
i^ F< t. i
01 01 a;
■a tj tj f.
§§go
X
1
a)
1
O
i
C3
o o
^^ o
ii
#1
C ■'J* fc. I- t,
J- ID HJ 0)
^•s §§§
*■ §322
* 5 e o
rn m -J >j lo
t, U L, U U
0) V V V 0}
tj -a T3 -o -a
§§§§§
'O C--" CO o>" 2
(h (h Fh h (^
U 01 01 0) 01
III II
^ss**
lo «o r- TO o^
C -^ rH ^ OJ
<e-SS«l'-«i
s^sS
.-1 fNi r^ vj
m^o c~too^
O rH fv fn ^
lA \0 > TO 0^
i-H iH rt rH 1-1
OJ OI OJ ry OJ
OI
OJ
C-TO O O r^
IN tn -sj lA vo
m fn f^ fn r^
r- TO ij- o
m tn fn -J'
>r
5
3:{
64
INDIVIDUAL INCOME TAX RETURNS FOR 1954
e -H V TJ „ _
V 03 as U R -v
o >
i^
u E
nj i^ r"
1 =
i :
B -rJ tJ -O 3 ^
O ja n- V « 4)
o ed <a »H ^^ ^
5;:: ° -
! s e^
li
- <N
1^ ^
u-\ -O r- TO o>
o rH r\j m >J
if\ -i) r-TO ov
O .H OJ f^ -4^
<M CM (M (M Oj
Is
(^ (^
•n f^ TO in >r
n o> nj O' o
<?• -.1 o r- o^
<M ->} r- .H CT>
TO M TO rv >t
<^ TO •*) -4- D-
f-l f\J rH O t-
C^ ^D >jD TO '-•
m O TO ^ -*
•D -J TO <^ r\j
"■ i::^
r^ iD
TO 8 O^ CT' vD
TO In !^ S 2
■£1 ^O ■-' f^ S
?S£SK
^J' O -1 t^ o
CM %0 ^0 >f TO
O u~i 'O <?> »D
U-* ^ lA TO CT-
r^ TO (^ rn C^
o t\ ■-* o a-
^ O TO r^ 'O
-1 fn o u~i O
■» O^ >!■ O Nt
tn O O r^ TO
O in lA O tn
»o o m r- --J
<M -4- Nl
-4- TO r- r- CT*
nj \o r- o 'O
CTi r~ \0 o*
CM «0 r^ <>
m o vD C^
sD >I >t TO rH
^ 0\ ^ C^ nj
>r o <N f^ >i
n O O r^ *r.
sO 0> t^ nj m
TO O* TO TO tA
CT^ r^' Ov C*^
O m r^ tn
f^ r-< r^ -^^
fv ■>! r- n -^
(7- TO O f^ *0
->f CM >0 J3 --I
f^ O -H CT f^
C> ^ TO O --H
lA O p-l -J TO
K«3
^ o< O*
■4- t^ rH TO -sT
(M CM (M
W CM ^ .-1
.-I m TO TO >i>
r-t lA ^ in p-
C- TO > n r-(
— ,— c %o.
njr-^TOm OP^t-vO^O
■-*ooc~-'A TO^oOlHC^
ni^OfMin TOOOvTOvD
JCM m v£» r
nj 0« ^ r-
>» r> CM r
m CM O ^ TO
*o a» ->t ^ o
vO O \0 --J --t
.-« r^ TO CM
r- m (^ >
CM (^ vO IN
sSiSs
l§H§
3S8SS
o> (^ o- r- o
•C ^ TO CM "O
TO O (M -ia -o
nj (-\ CT- rH ^0
^^21
ssgga
■H (^ \0 r-t vO
OH»\ rH r-l .H
tO -^ o* *o «c
tj' TO lO TO TO
8SRa
*A r- -4 n
lO "A o (^ t^
c^ \0 TO TO *0
^ lO rH lA TO
(> Q t O O
•H -5 O CM CM
o n} in n n
TO ^ c*^ f*\ C*%
m O 0^ r^ ■*!
C^ O >0 r-l »0
C r-l 0« >f
::SSSS
OS >f TO t^ lA
§3KE;s
nj lA NO O
TO TO «0 .-H -^
(^ O (-1 O ^
(M O <H O* C
[^ >0 C^ f^ CM
3>f -i) c^ f^
lA lA lA ^
C' f-i r- p- [^
O O lA m m
CM O -I CM CM
■< lA ■O "O •-* t I (^
> fM <-< Aj m f-
* -t r-i s n TO
3 lA O --I
^ O O >0
J rH 0> ^O
■-HCT>iACMf^ TOOOCMTO
OOiAC^O* a^ .-t r-l -^ yO
CMAJONC^^ TOTO<J»-^--t
\0 TO nO O r
I I I I I
O >t O O
CM TO r^ CM
i-i 0> TO *D
CM r^ O ^
(^ (JV .-1 r-t
tr\ r-itO t>
CM ^--CM t-- f
C^ lA \0 c^
rH a- ^ -H
O ^ ul lA
C^ lA "O (M
>J \0
3f
TO ■■£•
n r-i
,:3
888 885
n n ^ ^ tc
3 I- T3 TJ -O
mil
J 4) V <U
) -O Tl TJ
0) 0)
•o -a
«»«9'<»«» O
?88 85
X-t^**-t»^ft «»-<»<»
*S
3 r- TO CT> ^ r- .,
o o
o'o
C^ lA
OJ lU 0) D u
•O T3 -a T3 o
■w- <^ ■«*»♦» ♦»
38 88g
^fM<M r^f^^f-vtiA ^a
h J. t. B
01 4j 01
■O TJ TJ t«
§§§°
§S
C*Or-(iHrM CMcnr^-4-J «AiDTO<H
S '•9--«»'«9"«e- -<» -!» ■49' -^ -W- fl*******
% ■© C- TO O
CO V
ca
a 3
1 j:: 4)
• +J 1-1
■* ♦*
O 0) o
b be >-. bo
INDIVIDUAL INCOME TAX RETURNS FOR 1954
65
^ i-y r-i vT
u^ sO p- CO ON
O rH Al nsj
assss
O rH AJ cn si
Al AJ AJ CM CM
AJ
S
p-
as
^
s
s
s
s
^s
R
O
St
si
si
si
^1
>
t
■a
C
X5
J=
O
sat
m
ij a- c
a: K to
^0
' ' ■ 3
rl f>J TO -sf o«
lA r- ^ f-i -^
o> •-* --1 >i --J
3SS3§
SSsss
tf\ rH AJ rH
sj
!
r~TOP^cniA lAcnoNP-N
ONTOrHrH\0 QTOCM-lsl
.DcniAcnAj oiAenc^rH
OCMON-^P- g;iArHP-rH
ONOON^en OTOcnp-lrH
rH m en -3 m ai
"^O AJ
<A
CM^
3
sl_
3
vD si
O- si
fTl P-
c^ CT> --r » o'
TO lA ^D CM TO
TO St M C~ sj
O rH ON ^D sj
2; QO en On C^
O si si (M rH
cn rH rH
1 ^
I
2 K O Ia "
TO vO CM O --H
ON si TO *a TO
r- ON r- o TO
-.e-TO ^ CO
o o si r- CO
.O CM C^ NO tA
C^ -1 si CM TO
O t^ rH r-l m
sj r- TO •-<
TO
°
r- ON si lA m iH
TO <3N nO TO P- S
r- ^ rH >o si r-l
AJ r- CM si o sj
si AJ ON vD ri C
0^ TO 6 tf> 0|
tA_ TO CM nD O
si rH O O O
AJ lA CM rH
si P- 1 ^
AJ A(
st O'
^ lA r\j r> o
^ "^ ''^ S ;:£i
(A {s. Al ON O
«A TO U3 -J en
St CM TO ON rH
P- en AI rH rH
1
o o
iif
>J
1 ^ CO >rv
to f-l o
iM lA c^ C^ .O
TO C^ kA AJ TO
TO TO o >r -^
si «A V si O
en sj r- M CM
r-<TO -J CO en
ON CM ON »A (M
§§§33
lO On On rH
1
c
en ON P- On si
sO TO *0 c^ --1
fn lA 5 CNj o>
oTfn oo do
P-__ Ni3 en 8 C-
rH AJ si lA si
m O vO P- rH
sl^ -O rH ^O P-
d cn d »A A
CM -J P- si o
lA P- TO >A TO
st en CM rH
^0 O lA
sl_ ON^ P-
o'c- c
rH ON w r-
en
en
ON_
TO
t-
<n
TO_ON_
fC d
!> si
^ %D CO O O
vO O >£> en CM
en rH
§
a- r-i o-
TO lA r~ xO TO
A) O "H rM r-
(Js TO TO C^ C^
xO en rH ON lA
■-< >I ON ■iO TO
C^ O TO >A P-
lA TO CM P- rH
rH cn ^ AJ O
O nO ^O cn rH
P-'
CM
s
O CM "A TO rH
rH vO cn CM r-
sl^ ■M__ lA 00 P-
COldl^r^CI
1?; s '^5'^^
rH tf^ P- >0 si
O rH ON Al r-
IM P^^rH ^0 C
den OrH TO
cn ON r- en rH
Ov «0 si CM rH
si TO C-
o
o_
8
to
sl_
U^^ON^
,SJ si
fn tM
■^ 0^ r^
'-I >r cr
(^ f^ ON lA O
nT O nD ^ TO
-T CM CM AJ CM
rH en tA CM TO
si" en ^ ^
S in iA si ^0
O AJ CM
c
■c
0
c:
o
1
o
c
s
^^
o
1
3
O
to
I." -^ o S
OJ
1 1 1 1
' ' 'i?
NO O O' A( A)
asK§s
O en TO O On
O o- fn sf t^
P- si ,£. rH
O
O
Cs'
[>
lA rH ^ rH TO
O; fV TO lA r-
O O lA ON^ f"
cn en en d s
TO O en O a
rH en lA p- o-
fn ON NO TO C-
rH xD (7N lA lA
■^^ -^^ <'X ^. "^
O -£1 CM lA lA
rH lA O O si
si P- si si fs
St r- 1 c
o^cn c
•O P-
lA rH
ON
si
s
CM
O^
r-
d"
S8
CT>^ sl_
AI C-
§5
tf^ lA U-. ^D O
en \D ON "A en
CM ■-'
CM TO lA ON en
° S
■z.
3
II 1 c^ lA
r\ lA
r-l AJ
*A O TO .-1 O
ON \0 O CM si
TO C- •£) -.1 ^O
rH en (^ rH O
lA P- AJ nD lA
lA a si (M o
u^ (> cn O CM
nD CM si AJ rH
TO CM CM
sl
si
ON
8
en \0 AJ TO CN
r^ lA TO rH P-
CM si p- O s
Sf35SS §5 ';i
I> -O ON_^ ry to Aj^ J3_ TO
O Cs Al lA TO TO TO
rH \D nO O- On -D •-<
AJ CM en rH
st
sj
d
si
lA eM
TO O
.M AJ
nO -^ en fs lA
rH TO si si ,0
TO CM AJ <-l
>
o
'«sSa
lA On o fn 00
TO 0> NO eM TO
lA TO CM en sj
? lA O O C3N
vD O rH rH ON
i-H
si
tn
1^ 5^s&?; s?ssss ^ ?
si fnsicnc^u-N -^OpsCMO si-.^
m fniAOeno CDcnc^cMrH s_^s_
s
1
lA TO
^C ts__
c-\ (^ JJ TO
O* TO (^ Aj
c^ >1 >r
isSS-
lA O- ON rH r-
St sJ en AJ
'3
o
2l
si CM O TO (^
CO nD -i) ■-" lA
O M u-v ij. CT-
TO sj r^ c^ o-
rH lA P' TO nD
m en On P- r-
iD >£> lA TO lA
«^ o r- NO <A
to st m
AJ
P-
nO
P-
s
TO
O-OslsIC- slkATONOP- OP- ICC
rHAI»ATOsI TOOtMCMrH OrH p-
nO to sl^ AJ_^ lA 'O.'^^*'^*'^ "^"^ '^
TOrHyPsIlA slrHlArHCn AJIM
V <D O r-< ^ (MP-AJrH
rH AJ m u^ cn
■£>
TO
TO
r- ON
0^^'M^
st m
Sagss
ON -4- C^ «0 nO
>o P- si %o -tf
W t^ ^ AJ i-l
|?:3S3
1
to
1 1 1 o
sj C^ f^ ^ o>
CM a- 3 c- o
C-si O >A fn
OtO r-. r-< C^
sTsJ lA AJ TO
P- si si \D si
t^ en rH TO lA
si (J. TO NO en
ON U3 cn ON ON
C> si si
nD
nO
sl_
TO lAAtiAsien rHpSrH C
rH mONKOP^sl P-tOlA IP
CM \DTO<T''ArH TOr-llA IT
en lAOeniAcn rHONO-HA
-O sIAJ^rHrH yJAJ v_,
rH CM si ts rH
5
i
ON
[s- U-,
Oi O O NT (->
n i-t ■«» ON ^
nD t^ TO F- t^
-*OTO r- NO
-i^ ^ {Q S
r-l
CM AJ si O. AJ
lA C^ >A AJ rH
1
p
t o\ rH g;
2SS
r~- sf \o \D ON
O [^ lA rH f^
si c^ o o -H
TO en vfl o r-
lA O TO TO AJ
■A O >0 ON en
TO C- si TO O
lA TO CM TO CTv
cn p- rH On ^^■
xO en si rH
i
Cr
3
lA^iOsIO P-\Or^cnAJ lAP- lA
fMOO-cnsl OTO^NOrH OiA C
OTOCnsllA -IrH-^ONO «AsI
rHTOsIONO M •! --I ^
si vO ON Cn CM '-*
-si
§
i
i
O \0
O si
O O- -H
lA ^ >D
CNi C- 00
O TO O en r>
p- Ia S o 3
tn 0« ^0 -J Al
u^ ON NO O si
to O TO lA AJ
si rH rH
o
:?
CO --I --. o
^. ^. "^^ ^.
SqS3
sj o* NO ■-< en
vO CJN O r- CM
CM lA u^ AJ^ sl^
on' cT sT ^O ^
TO CM ON TO >0
sT^cn C7V .O -,1
>A r-l AJ lA a-
TO O CO (?■ AJ
St rH •5_0J_^0
St O :*' lA lA
rH ON O lA CM
si AJ cn ON TO
CM nD rH QN O
vO O >A O si
On to si en sO
P- CM CM rH
P- cn AJ lA rH
rH o NJ3 o- r^
(n St si
rH
s
AJ
AJ
CM (^ C to •-> •-t m^DNO cc
CO .D lA TO CM nO ^0 To O e-
O enOr-U-lCM rHO^lA ^^^.^^
rH slt^>0|xD OONcn^^ ^^_
rH si P- O O si AJ -—-^ .^-_._
rH AJ [^ m rH
NO
en
tn
si
is
U
NO
H
»j tifl c
0 J3
5
to o« (-1 CO
CO vO to TO
O- r- TO CT;
\0 si C^ Ai Ch
AJ^ C^ -^ «^ -O
O lA sf r-T TO
Al O sj ^ O"
C^ sD lA .O CM
St AJ O- TO ON
-H ON^ O vO 13
on' "A rH 0^" -^
st CM TO st st
TO rH lA TO cn
rHiCO nD >A sl^
st rH vD cn AJ
On CM ON u-i CM
O CM rH en si
O- TO O O TO
lA rH AJ rH si
Al
ed
i
•o OrHvOTOcn p-tfivooNCM oSric
lA U"\slsIO'A (MrHTOlA\0 sITOOC
f-l lACniAIAsT slcnAJrH
st
o"
st
5
tn lA
8?
^ ^ '^'^
sO CO O rH <H
vO rH \0 <n AJ
CnrH
■s
1'
ra
• c
-1
■^I
1 > TO O
lA ->I TO TO lA
«0 O ON TOTO
si A) r- en ^
P- P- ^D NO O
■O >0 0» ps CM
st en vO P- lA
C- P- rH C^ 03
CT- m p- si o
si St U^AI rH
to
s
o^
§
0
■UOnIAvOO CniAONt^rH slCn lA
TOsIO[^0> «rHy3sI,0 TOm C
TO<5rHrHlA rHAJTOAJ^D OO s]
p-
-I
§
S
ON O-
si
•J3 ^ ^
t- C- sT >0 C^
!?! 5 2to K
AJ r-l rH
-^ r-l kD \0 •-!
sj ^D u-i cn AJ
O TO
c
II
3 u
^
1 C- TO O
C-- "H (M r- c^
st lA lA On (A
rH lA CM \D TO
r-l lA O nD »A
00 O rH si lA
si m o cn lA
TO si O ps P-
P- cn TO lA AJ
S322"
i
TO rHxjatscolA OOCMAJsl rHP-PA
en P-enp-;^Aj csnjeniA-~i ir\ --A s
en TOTOCsenvD AjOC^rHvO OiA C
r-7 ■OsiencNj'cn sienslrHTO encM
P- ONvO-tCMiA -4>£)AJr-<
CM -J- lA si eM ■-I
ON
d
1
-t
en
-23
c- rH CM o r-
r-l (jN lA cn TO
TO <A Al NO "A
O si si AJ rH
o o
TO S Ia ?
(> "A t> c-
AJ f^ nI vO
O* fNj nj ff>
tNi r- n r\i
rl f>?f^ lA
TO TO sT sT sj
O CJ- TO TO lA
C^TO Or-. ^
lA r-l TO O P-
rH AJ^ «0 ON^ en
D- rH vD eniM
-jD CM en en O
P^ CD CNj" rH Ia'
TO« fy > Si
sTrH rH
^- CJN AJ O o
o
rH
rH
ps
2
O'AAJON'i) psmiArHrH OrHsICC
O-'U^-iAAj lAt^-cnslTO OnOCMO
cnsiu-iCMrH sI^ent^TOeM sIooOs
CT>en>ArHO P-lAstOCM AJONsIr-
lAenrHCMCM TOONONvOTO ^CM
IAsI,0n01A stCnAJrH
TO
cn
si
si
5
t^ <M
o 5
0 TO
.-I C
-2 a; 3
^
O sO CM lA
CM m O O sT
O sj .-1 ,0 -JS
TO rH tn rH .O
sD lA lA CM si
en sf O P- NO
TO O- nO On en
si >l y3 TO en
g3 rH AJ sj AJ
AJ
si
si CsfniA^Osl O'AAJ.ArH rHsI-ir-
o rHiAAjsi-H lAsioNsi^o tnr-CM'i:
en TOlAONsIrH r-lACMrHlA TOrHOs
si ?\mSP'n PistoNsitM TOCM ^
si OnTOOP-CM 0[--sJAIrH
cn rH (M rH rH rH
§
P-"
Al TO
r- CM
AJ si
si rH
fV «0 -H TO
0> CM (^ C-
CM ^ --J O
(M D- C- ON lA
lA vD lA lA TO
sj TO O O' "A
TO rH TO ^ O
O m O TO CM
In S S 3 P-
■-'
^ CM CM c^
tfN l-N CM rH
V
%
8
C
i
u
no
■o
3
s
3
£
rH
s
1
si
|&
£|
>3 -r
CD
s
1
E
X
hj
g
C
. . .1
: : : : :
MjiJ
>A o' O (3 8
t, t, u u u
■o -a -o -o -o
§§§§§
d d o S •
888o :
(do 0*8 •
2 S S «- £
-«!■■«*-«*■» 5
u u u u
01 OJ <U Hi (h
1111°
O lA O O *
i-H rH Al lA rH
■«■■•»■«■■»«■
c
1
S
g
c
g
g
i
s-ce- t< ^ tn
t. a; 0) OJ
d t- "D 13 -a
£|§§§
U i. u u u
n -O -O T3 "O
^ (h L. t. ^
■D -O T) T3 T3
§§§§§
■ta- t^ u I.
•S§§£
m m si si IT
■o -a TJ -a "c
§§§§E
■o -o -a t
•g S8
t* C lA
O 3*9-
C C
a: cc
8SS;i^
S«feSS
C ^3 rH rH A
.- rv <^ >»
«-i JD C^ TO ON
ssana
>A \D C^ TO On
CM ™ AJ <M OJ
Al
s
R
S
a
s
r'
s
er
;s
IT
^
^
oc
^ e-
S
c
s)
si
5
sJ
si 1
66
INDIVIDUAL INCOME TAX RETURNS FOR 1954
>r> .0 [^ m CT>
O o ^ t. w
Z B^ S)'S
oj C* ^0 >D ->I
to to f^ \0 O^
vi r- o) -J F-i
-o o o o>
CO to n \0
\0 CO
OJ O^ "N >0 f
fM -sf t^ 0^ to
cj. c- r\ ^ O
■JD Q --I >I 03
O O sO ■£> -H
r^ r^ O •^~ O
^o O O m
r- p. m r\^
l£
J3
IS
D- (^J-^ rf -
O (ji >/> fM 1/
o t-H -^ c5 VI
(^ 00 f\) rH vj
o^ 00 rv :* c
■sf in v t^ I-
lA o lA O
O O C^ oj to
iH -* <M >J OJ
C •-< U^ iTi t^
to -^ \D (M (~y
r-l -J tOtO '-'
(*1 ri \o 00 "-I
<n o to vD
rj tM c- --I
-J- C^ lA in
^ to t^ NT
H [> to M
3 rH to ^
o> --I oj r- o
(M •-' lA o C--
CO CM f^ O O
O QJ t\J (\J ■>!
a> O \D CO On
(^ O ■£) ON t^
n-OCOCOO^ iA«li-Hr
f- rH to ^ CT> --I <-!
a; a. u a; -O
AJ u-\ ^ CD r^
eg f^ ■>! c^ lA
O f^ Aj «o ON
r-< r-< (M t-i-
ON •-]■ O AJ'^
o o -o m
(U p. O "O
J3 B <-. O C
C t^ O -J .H Aj C^
^ n -^r lA -J >!■ [^
O lA O m O O O
c^ -* t^ r^ ^ ^ •'»
o in o <A
r-l v£> Ov <C r^-i
as
o p- "-I -H r
3 o 3 3 c
a- o -I 1-^ f^
lA X' O f^ ■->
rH »0 vj AJ r-l
r~ r- >» >» -.r
-^ ON
C- 0^
o> O C^ t^ O
O- <-< O 0» f^
c^ -.J >I Aj CM
,366
,114
,262
,319
,916
,846
,818
,360
,169
rH ^ (^ r^ ON
<^ rH (M C^-^
CT- >J (^ (M^
On to CO ON CO
--J O CO lA O
Aj .O n [-> rM
Aj m >r t^ rH
o ON iH r- c^
ON IS On -i nO
0> nO rv CM c^
>I lA i-H -J O
<M AJ <M <-• «-<
(M AJ -nJ nO ON
3 ON CM C^ >£>
J t»- CM cn f^
\ ON CO t- O
^PS
(i> p. ^ 0) -o
J3 E o no c
I at JZ a "^
O On
ON CO
t^ nD O CO NA
r- ON o r- -si
-H CM lA ^C- ON
S; S
to ON On CNJ CD
rH vj f^ lA lA
CD vO Al cn <H
CO ^ to CO r
3 0 o r- c-
nO lA CO ON
CM CM f^ >-<
00 ON
C- iA
O ON
r- r^ >f N
Sec QN r
o ry CM
■O to -i) O u-i
.-I O nO t^ On
■O O ^ AJ CO
[^ en AJ O nO
lA nO On nD i-l
•-I O CO Al O
lA O *^ nO to
no o (^ (M r-
>0 -Nf fNJ rH
St,
5AJ CO «0 (^
ON C^ OJ CM
r oto <n ^
irt -.f t^ r^ m
00 lA > t^ t^
CM <A .O C^ P-
\ On "A *A <A
\ nO >J nO -si
H t- ■«} CM 1-1
i-H CM ^
CM
.^f r-. «
CM r- NDr^ -.
rH sD rsj r-l O-
^ 00 Al sT ^
i l^ TO O lA
f <-f O M .-<
S(M 00 Aj
O -^ lA
\ >J iH O On
■vf to
^ ON
lA lA t^ r^ li)
On <-l On "H ^
S -^ C^ lA lA
O r- sT CM rH
On o -* <A r^
^ O CO O nO
>o >r f^ t^ >J
CM O r-t (-1 CM
aCM lA f^ O
fn rH nD n£i
r cn to o lA
- On lA 00 ON
3 r- to CD C--
lA O
-nTnt"
O O s2 U m
■H tJ o m
(-.*->. c
£1 B ^ tm c
\0 i-H O nO ON
.£) O lA CM ■-{
•J3 CM lA ON NO
■>t O CO On lA
H tn :-- lA
^ 00 >J t--
- en r- Aj
t*- r- O- r-t CM
On nO rH ^ rH
C- ^H On "A CM
C^ CO -T C^ f-"
i-l lA ^i AJ i-l
m sD to "Tn CO
On*^ r-
^ lA 00 o o
lA O nO f^ CM
K^f^ u u u
3 t. Tl T3 "O
4) T) 3 3 3
-t^^^^^^'W' <^«>%«
t, U U U L.
CU (U C> Q> O
tJ -O TJ T3 "D
§§§§§
§§§
o o o
o o
/H O O lA o
5»*
- to On
»■»■«»
3 O O C
y tn lA r-
-\ O O C
o o c
111
«>-<»-«»•«>'•»
u~
C
C
C
-c
-^<4-w-
(, "O -D -O
■s§§§
9"W-*»«
§§
L. t. (4 I
§§§
3 ■«■»-*
OQOQO OQOC
lA^OlA^OlA^ OOO
fynn-jM lA-oocr-
M OJ AJ (M CM
c^ (^ (^ cn (*\
INDIVIDUAL INCOME TAX RETURNS FOR 1954
67
CM AJ ry CM tvj oj
■< C^ r^ >i to c
X O 7
<ii V c
o o
§ s;
•9 "
o r-
a> -tf -J c^ -i)
o O" [> f' fn
U E 01
O T.
■D mJ O tC O
iT> CT O »0 O
C^ O" O m iTi
■ a. I- <i> •§
E U CiO C
, O ^ 05 -H
I -. P- to IN
CJ. ^
<J^ '■O ^ ^
0<n oiri\OxO'H {> f-t 'O O ir\ rymrj
- f-t .D O ir ----- -
— C^ 0^ o^ ^-
\D ^ fM C^
^ f^ CM O'
IT, O O O'
o to >o (?• o
-J «o >J t-
lA O 00 -H
iTi o o^ o
-H .-> O 0)
r- ^ o> -J c-
I u J
O^CM-sJCMO OCDU
■-I ^ ry Ai CM rM
o -^r
03 \Oh
-5 t^'
dJ HI c
I -»J ti o c
P p. O T?
go; Fu
O ift o o
r -^ %r r^
\ tf^ 0\ u-s
? CM .D S^
CM CM >I) --J-t
2;
p-l c^ o .-< <M
so to r- ^ o
^D t^ O lA f"^
^ f-f iH o o
\0 CM u~i r^ O
O >!■
to ^0-^
i-H f-i D- to
3 ?
IT
£
C
S
C
s
'c
"c
"c
-s
. c
IT
■ '
I
a
9--«©- -«■■«>
■«■«■»
73 u T^ -a n
X3 'O tJ 'O "O
<0 WXO «>■»
73 -O "O T3 "D
;«§§§ §§§§§ §§§§§
!§§!
O Q O O O
O O O O O
o o o o o
<■«■-»■•*■<& -ift WfO-
;i;i
o o o o o
O m o O O
k h L. t.
01 oj 0) a> Fh
•o T) -a "O o
§§§ §o
o o o o o
8) -O
^^
g
i
g
c
-c
-■«'■«*■» «*
f"^ -^r "4 "^ "^ *5 ■'^ 0
o f.
O OJ
§§:
, (. t. ti ^ ti tj I
■ •o-O'Ctl
§§§'
„ J -a "O "d
(O « (Q W ■«»
B <Q (Q tfKO-
68
INDIVIDUAL INCOME TAX RETURNS FOR 1954
rM ry ri ^
m ^ f - TO o*
0 rH nj fn ^
m <o c^ TO {^
0 i-f CM m ■J'
!C
;^ SSSSK KRSSS RSR5 5
-J
53
1 1 1 p
sasss
38|8§
sssss
TO tf^ cn ( m
m
en xo -1 \0 0
0 ^ rH (M P-
^ -^ <j% m a>
1 1
H m
TO
■vj -vf
c
0 0 J3 t. CO
-O CM (n
(
o
en
in TO
a
>. -^ t ° s
r- f^ vD cm ■-■
TO CM rH p- fn
(N
I p- Ov .£) a.
H t-
CT-
(M vO
0)
^
TO CT r? r^ .n
m u^ vo -^ \D
-.T ^ .-H
rn
^
TO vD O >r -vT rH r^ in rv ^
" ^
CM
in
|s
u
0 ■>! t^ 0 TO
m CM
0
^P-cMOvD loomnj-— -~-
0)
rH (M CM .H ^
'^_
P^
0
fe
rH
rH
rH
1 1 1 1
^ ^ r- >o (M
en Q fH 0 0
rn 5 000
rv f- r^ 0 vo
vf U-\ f^ 1 ^
or-vOrHO en^tcMO
r >t
S
>0 m
1
TO (> ^ m -J
>I \0 -J t^ c~-
s
nj TO CM m u
^ vO o> nj O
1
** b
I
.-. ^ <H lA 0
m m 0 0 0
;
enin\or^TO >oininin
r-l C- <£> C~- ly. lnot^ en— -.
--i^
in
o
TO n?
ssssja
.0 +>
-V en CM --
en
o-
ScM
i-
§ t-
'"'
CM
m
ft) «
X «
c
1 1 1 ry
0 yD 0 CT- O-
—. tn r~ >j TO
0 O^ m 0 vO
.-. TO m (M 1
en
1
-1 m c~ vO O cr -H ) 1
. 1 I
m
<— -o
CO
r-l m \D CT- f^
RR3R3
sD m n 1-1 r-l
1 !>■ a- a •.! \o -J
p.
S i^
0 c
in 0 TO vO --j^
0>^ m >f nj .-1
-J^
O -sj TO O vD le
P-
rH O
1
U r-l
1
■JD
^D
in" 0 0 y? TO
TO IS tn cn r..
>r
1/
1 vO -I m en t^ -^-^ «
vD
(jT t^
lU J^
TO t^ r- -J nj
p-
CM ^ C^ in rH -.w- .^
in
0
•si
C^
>
1 TO 0 C-
r^ 0 vT > c->
r- -J (TV vD ^D
0 0> m 0 0
in nj 0 m CM
en
fl
^ r^TO-sftM^D rHTO 1
1 o
1
£1 0!
« I> •-' r^lC
CM TO ■-. > CM
[>ry oj
CM
P- O VI en nj C
D o -.r
> S
5 p^
rH r^.O
0^ 0^ -.1^ r^ ov_
rH 0 vo in q_
r- ni 0 0 ^
04
vD ON--i>-i>co inO
In
-o
c
g
0
t^oi ^
r^rH ^DOO^
-^ <> C^"" CM in
^(M (M "-H
P^
rH iH vO O -J O en en— — rt
en
o
;^"s
&
<M CM -J c^ ^
nH vDvOcncn.-t w^ ^
CM
■vl
0
1
Oi ^
CM nj .-.
-4^
rH <M
in
o^
00 rH
.^
'~'
rH
■-<
t> c- 0 0
m TO C^ r~ r^
0 -5 iH TO en
TO .-f fM m 0
r^ > IM 0 rH
^
1 enmTOP-t^ (n-.i»o
3 TOnjSmcM uDTOO
H O
^
ss
0 vo «n m nj
(M !-• CM en t-
rH m 0* xO -J
TO
WO (^1>
•0 in > CM rH
'^^'^^ "
^^^■"i"^
^ (n en
cr-^
-4 mior--TCM lOinin
O' CT-
3
to ^D tfCc^
0 ->j iH 1-1 >n
TO
1 (n-^tmw-j mr-- m^ —
.o
c
K
Ov 0 OJ vD
0<M >n OTO
f. .0 0> -^ CM
C^ CM OJ r^
o^
O TO ^TO O --J r^ ~ ^-^
S
S
^ S
^
1
0
iH C *0 -^
r> rH TO <0 en
<n ^
rH C^ P- CM .-1
t^__TO
OJ
-4
^
0
-0
-H
■-'
CO C
[^ n 0 0
Rgass
m ^ tf> m nj
m rH U-. m TO
TO 0 0 CM 0
?
en inro«P--J- cmOvO\DTO m
§ 8
m
t- C en «
«-> (-^ OJ [^
C^ CT. 0 <-. gv
(J\ O^ TO xO t-
\0 u^ TO c- in
O rH o * in >
t en r* tn n\ TO C
fSg:
£
0 0 x: t, m
TO f^ 0^ •£
r- rH TO rH tf>
00 (n TO^ nD .-j^
en -.r -si
C^ -vt^rHlScM-J OP-rHCT--! tf
^ •£>
w"
<r. CM f^ Ov
f-> <M IM >I TO
m >r rHTO CM
0 rH r-' --f I>
^
t>
TO ino--J\0'H C^P-rHenr
r '7'_P IT
r
"
rH fM
1
z 2 0 S
2^^2 8i^^
r-f to O- <M m
0 «^ <M «D >t
c en CM •-'
<M
-J cnminenTO OcmvOcm^h _- — ..^--
r^ f^
^—
>-« 0* ■«J 0 -0
•0 (M rH
CM
<-« ^. '\ "^ *» '■
-1 ni rH
^^
^
>r^(M
i
■3
1
rH CM CM CM
ry r^ r-l ^
^
m rH rH
p-
Sm
n! "*
0
(» c n
0 0 CM 0 vD
MS3S
CM
O C^vOOO-J -Jrj'^
'> CT-
t- sj
0
00 "O w
C- (M c-
0 i> r- c- >r
S^aKSS
SS^^__^^£
C-
^ p-fM-si-stin jarno
c
-1 in
m ?-
1
S.
•0
■^ c a>
-D -D cn
— 1 CM (M en <n
w
tn Oinine^nj ^ ^ ■i\
H [^
""1 ~^-
'h
^|£^|
u-i
in in TO
1^ in -J r-. a«
(M •£> sO en ^
0< rt ■-( m en
r-
^ SSfs? S2^"£5
■* ^
^
O^
CM P^
u
c
^ n .-H
0 0 ^o m tn
^ CM .-. r-l
(M -H rH
O
in vo
s
I
%1
rH
^ 1-H
<-H
TO
rH ni CM M
[^
in ■-•
<
0
Z 2 " [a
"-<
■-'
<M
1 f^ CT- 0
TO m 0 TO TO
p- ov vn NO cn
>0 ^ TO 0 P-
^ rv (M ^ m
0
O OP-rHMO ^CM«D
1
3 p-H
^
U
0
1
r- r^ [^
0 r- > m CM
s^:^^s_^ss
-4- D- (M tn nj
P- en TO vj nj
^
tf^ vD (n m in f
1 sO en O
rH VO O
^ m
S C^
0) 3
£, ■O^f^
> CM 0_ 0^ -O
C- nj CM
CM
m in m m TO p
■^ '^
^
vD TO
Q
c
^0
u^ ^ TO
0 ^ tn 0 TO
■-. «0 vD ni •£!
TO rH rH U-v (n
^
> O vO CM CM ir
1 TO (TV -J-H rl rf
o
r^
vD -/
1
OJ
XI tJ
^ f-i W
0 a- ■£) u-1 n
^ CM r-. .-1
<~i
CM vD in vi) O -^ rH " N—i^
o
5
bO
|g
^-
r-l
TO
rH CM (M rH
TO
P=
in -H
iS
01
09
Z
rH
rH
S
> ^ c 0
rH C-- ^ r- c^
2SIS"
1 (M-J-TOP-TO >JDCMCM '\D li-
»D
en en
Of
Oj <^ C
U-. 0 «A >!
«o D- TO «^ p-
in nj TO rH p-
§S_8 3£
5 5 2SKS S.S358 „__2
\0
>t P-
0
TO 0 in 0
TO n 0 in TO
»0 .H TOTO -H
TO
S fK
nj
O^fM
0
u-T
"^ TO CT; TO
>r r^ !> in (^
rH N in C^ O'
[-- .H ^- rH TO
O- ni ov 0 0
(M
r-
vO P-P-TOrHo* inp-m-^m --r^-*
vO
3
en o
u
fell
C 0 r^ ^
^<M .H -3
>!■ TO m TO vf
.-. -J m (M ^
a
p- Osi-lrH>JCM rMcn\D04rH ..^«w>v_*
m
H
CM (3 «n 0 •©
vO rg .-^
^ enin^rCT.-* CM^
-J
Ov -nJ
3
3
<
sis
^"oToTcm"
CM <M i-l .-1
r^
en rHrH
TO
fM
r- m 0 cr
TO TO TO CT- r-
in rH sO --< 0
Ov »0 f- CM CM
P- (M ^ lA ^
^ O^ fM NO -J
TO int^^Oru TOn\[>ci\o p
en
u-i
O in
S
lA [^ rv (^
(^ %J f- CJs 0
•4 in m en -.J
KS ;:3KS^
0
r- TO in p- o If
vD m (M O* -vt C
1 0\
TO
O TO
0 «
^ 2
TO r^ .0-0
CM TO .-H CM CM
TO TO r-. rH 0«
CM tn -J
JD omNTinvO cnruo-jo f
1 S.
>A t> ■>!■ 0"
t- ■vt C^ r-( \D
SSSi^^S*
TO r^ -.1 CM -o
i-i
d
P- O
CT- r- \D -J
tn t-- 0 xO TO
r- ni nj r^
s
TO-^-^enen J3enr-i
TO
Z
•-H 0 r-^TO
■^^'^'^ "^
rH O C \0 en rH
en
r-
■<r
% t
en
rn
>
^
■-I
•-I
■-I
1 1 1 1
,
1 1 1
■0 C 0 •>!
. OTO 1 .
r^
1 <
, ,
1 1 1
sD
tn
O m
s
tn fn iH iO
TO P- 0'^_^
<M -t
0
4
s
m TO
X
x:
g
vO
I,
ti
u-i
— -»—•—' ■—
-^•^^
"-'
■— ' "-^
■_- w
r-l
CM
nj
£»
§
B q; <: m .H
0
Z 2 0 3
0
§
s
0
° g
....
.
. . 1
■-I c^ y? --I
ff. vD 0 <-!
..A.n , ,
>D
. 1
. .
. . .
CT^
rH
u^ vD
8,3
<
0
tS
^ ^ "^^
^
vO
H
in
-p
fa.
XI *>
•-J
■o
J
-u
i-
l£
*^
""""^^ "^
^"^
■^
"^ ^-'
^ ^^
<
c
H
s
OJ HI
s
c
CM ^ P- <n
f^ ■X)
i
1
<M -O
0 TO -H tM
■^
o
0 c
:^
in nj
s
3
1
^
^
d
S.
^
'^^~~' '■"'
>_._._
^-'
""^^"^^
' ^"^^
i
e u
3 0
S
g
>k bO
J3 to
1 . 1 o>
IN -* NO r- r-
s
1 1 1 u~
TO en
cr
(M 0
TO fH vO 0 •>!■
z
1
3
^
0 m
<M IM ,-. ^
sj^
in
o
in ^
u
c
I
0
X
s
f-i
^ n,H - nj
TO
■^ -I
1
^
t-
a
v.
0
TO . 1
TO <n ^£)
CM P- ^ P-
rv
82
ry r^
s
0
^ a- -J
r^
3
O rH
■s
°^,-,
Nt
<•
a>
u
(J>
H
■g
c
St
- fM-H -
■^^ ^
<n
rH -^ >Jr*
--T
t^
m nj
cc
1
0
"
CM
CM
^ss »
8 %
vr vi .0
^(M 11
>J TO CM CM IT"
0 m >; >r 0
0
•-J TO O
^
r 1 ) c
r,
en
O (n
° ° -5 b ?
IT' TO •£)
m 0
vj tn en r-. r..
(f
TO OJ m
O
TO
,-H c-
-r- *^ 0 0^
^'O.,-^^^
CP^O^_^^ «n
0 >£>
0-
C^ in in
i" t^ L „ "^
2
X5 & fc QC c
^ f«J- «
>I r^-^ ^ iH
»0 m-^
-4 <-. ,-.
cr
-H CM (?■ P- —
vO
yD
•-* --J
" """
^ '^'-"— '-'
p-
*_ ^_rH .^ --^-^
■vl
OCM
S 0) 0 3
0
(n
c
1
JJIg;
1
c
Q Q Q Q §
S 8 S d" ■
£
J
^
1
ci§§§
§§§Si
0 d d d 8
§88 8|
•n d" d" d" 0
<»<o w *J «i>
S8"8"°.i
.-. (M lA .H t,
■•J-****-*©. 5
(. u (h r^
0
10
8§S
■W-t>»i> i?-w
'• . o
. -d"
X
CD
c
o
i
.. ^-S5*"»
en f^ vj >i in
*&«SS
-■«■<*■•
o
in o
TJ
L^ (h h [. t.
♦J
1
L. Li t-> E
e
is
■«■
C.^f*^UUU
fc h ^ •" ^
u u u, u u
■D -o tJ -o 0
•M- tn. L. (.
(4 U ^ (. L.
CO
•a
3 t- -a -o "a
4^ OJ c c c
^ 0 0 m C
T3 T3 "D tJ -O
§§§§§
5§§§o
8S"88|
ffl
1
O t. TJ -O T
' S §§§
■o -o -o -a T
888§8
•a -a TJ (-
3
1
t. 8
s^gi^^a
issii
siftss
1^
CM en en nJ s
■w- ■«■■«& -5
BB
o
H
z
K K
r^ rg r\ sj
m vO C^ TO (T
0 i-H fst m -^
invO C- TO (J-
0 ■-• CM en -J
^
>£l
I»-TO OV O r^
CM en >i in i£i
C^ TO l3^ O
(M
en -i
ni r\j tM iM CM
r
f\
OJ
("
en
r
e"
e*^
en
r-
en
en
-4
-*
1
Hi 3
Is
C 3
O t-t
*i >
- = h
H
I.
<a
in
♦J
ff
n
?
+:>
h
o
e
c
o
!?
s
O
n
01 CO
INDIVIDUAL INCOME TAX RETURNS FOR 1954
69
«% \D t- TO C-
*^ OT o e I
— . m >j o cr
O. O (h t< -^
I t -H o o o -^
+j +J -fJ -J Q 3 —
0) I -H CD O « "r
^ ^ S" "^w f^ ■§
£-§
ffl 01 ^ -p 3 to r
■S "fe^ «^
m xO t- TO O^
O i-H f\J f^ -sj-
OJ CM OJ OJ tM
vO Ti tf> >r r^
^ r\ C^ TO E>
TO >0 ^4 iTi \D
»A rg fM .-H
r- TO ON o ■-! r«
Qv TO ^D ^ t--
-j O r- m in
i-H r\ vD C oi
(^ -.1 (^ TO >-<
.-( -^ rn t> o^
to O vC in r^
O f- nj C^ o^
•O iH TO rH \D
•D ^ "n «o C^
(^ nj O -C O
r-- O (M (^ -.1
0> to !-< O'
>OO^5-\0O> to •-< f^ C' O^
r-lTOO»D->t -^--JvOTO-H
r- f^ o TO
(^ IM ^ CM
\0 TO O- £--
~j ^ •^ ^ t:--
-J .£> m TO :J
m TO cy in <n
m O ■£) C-
•O >I ^ O
■-H fM r\
CM O •£> TO O
■^ (M TO >1 C
in r- (^ TO c
O --t IM TO r
-^ >r
rH O 0^ >I 2
TO (^ C^ O O
ON O ^ C- m
5 3 1
lO ^nr^
TO IM TO >1 '
xO O ■^ -H C
<H D- (^ J C
CM TO [^ f*! "
^ o :^ (M
in r- o c^
a- b~ f-i ir\
i £
< t- oj TO r\j CM
> O B I
I >) o o>
I f. t. -vl-
xO \0 r^
\0 O^ O^ *^ TO
O -J (J- u
C- TO Ov C
O' r^ CM 0
TO r-( O O TO
vjD (^ C- --H Q
W CM O IM O
O £--
r- \o TO o^ -o
> *i +j to O
J I th O o
\ r- lU CT>
1 iX> c^ <^
O (T- ■£) CM ^
(^ .J3 t^ :i [^
>J r-t TO CD TO
t> o r- c^ CM
> O^ r^ TO CM
^
3
: op Q. tiorH 2 o
I TO O
o o^
3 >!■ r\ c^
^ >43 -£> TO
■< ,H t^ O^
CM t^ m vO ^D
S^ TO ffi C^
ov O rj t-
ON (Ti --J «0 O
C TO O t^ CM
CM O TO -J' TO
i-l CM t O >
SS -
C-. >f oi r- o
ll
O ^ >I CO
lA C^ C- NO
TO C- -J CM C
^ u^ m >!■ -
vO •£! O --l C
O* to ^ TO ON
a ss
C-- m CM TO f
iTOtjNin r-oc->to
TOCMON C^O'OjC^r
o -J rsi >r -o CM
8 =
m in O' t-^ «n
O TO -sT i-l O
CJN TO c^ o o
r- TO ^ <M (^
.-< .H <M
CV ^ f^ >I v»
to ON ^ r^ >0
CM «o TO to m
in -Ji >j in CM
\0 CO O TO nD
ta r
CD
o <^ o -«r [*-
I CO e-
4;o CUCOSOIOC ££
Ci-OtnOlr-"-— 1^ ^
•H TO O ^ ^0
^ TO <H m p-
s§
o '*^ ON ON vo
^ ^ n c'^ ON
CO (M CM TO f-
p- TO CM CO CM
O CO r-1 vD O^
rxl \0 O •£) CM
TO CM m vO O
TO >1 m vO CM
TO ON P- ^ CO
^ CO CO
in CM ON r^ >J
CO in CO TO IN
•i) "^ sO O m
>r O -rf
i-l ON TO
O NO ^ -
■— — . TO
TOCOC--P- C^TOTO>OnH
C\lCOr-([> t^ro^iOON
OvDf^TO CMONOr-r-l
t^ 11 d -H CO {
O ^ tJ j:: (
E- e 4; v> t. B <
3 t- -H o o
c k I. <:
23:
lO O nD f
CM CM I-H '
(Oin-4'-jrNj top-C^TOni
rHU-lTO-vfin C-O^0'-^C
<-iC^ON(jNfM \DTOO>-sr'
SrH fy TO (N CTi CM CM
-J >f 0> m
TO O TO f^ TO
vO nD TO TO nO
>n TO O O O
35!
m o O O O
O r-t (M CO m r-t
(. L< ^ 1^ t.
....F-.F.^i (iiajaiii;<ii
■OOQ QOQOO OO
• OOO OOOOO QQ
Oinom oinomo oo
o---» ^«-.- «- _
3-M- u ^^ u u u t.
U OiQJft) ttJClJOJ-- .____ _____
sf-'a-a-a -a-n-a-OT! -o-OTj-t^-o CPCSS
j^§§§ §§§§§ §§§§§ 33333
§OQQ QOQQO OQQOQ QQQQO Sc^SSo
I) OOQ OOSSO OOQOO OOOOO -^--S
-lOOmO mOmOm OOOOO »--^* QOQOO
ao--- ----- ----- Omooo SmOO-
a>Or-<HfM CMCOfO-J-J m\D[^TOaN i-(r-<CMCOin ^,_)f\jinrH
«■«■«■<*■«■ ■»«»■»■»«■ -W--**^-**-^**- ■«■■«» ^^-O^-t^- W <Q ■«»«0-0»
a; cu 0) oj ^
■D -a "D -a O
§§§§o
Sfc
OOO
O Q O
•.<*«--«<s- *»-»*4«i«* ^-ft*
1» u u u
HI (U QJ
h "O -O T3
(h Ld t^ Fh F-
(U <U i) i) <U
'O ID 'O Tl "O
§§§§§
^ Lr t< I
T3 -a -o I
§§§'
m -o C^ TO ON
m >o t^ TO O'
CM CM r\J CM CM
3 ■»■<«■ -(ft-S- «-«j-*»-S-«5- ■«»«-S--«-
f- TO (^ o •-'
8^
" F-1
■«■
O
Q) O
■a "
c c
II
q: a:
5:5
70
INDIVIDUAL INCOME TAX RETURNS FOR 1954
J (N ry ry ry
I e S II
01 ID C-5g.
■ +J +J -H O
) I -H O O
: bp P. bo rH
ss
I >> O C ° 1
Eg.
01 ID WTf: Si
v -fj +j m Q 5 «
o I -H o o 5 ^
0) to c*p.
+J +i ^> .H Q
01 I -H CD O
z bo d. bCiH
li
e^
^3
3 f\j in CO -c
^ .H >J CT- C-
•^ ry r- CO c^
O 0> og -J CT\
■sj O CO >o o
u-i t^ ^ CO O
O^ O TO O C^
c^ o- <^ o ^
I O O
ss
^ TO t^ CO CO
TO -Nf >t TO C-
' *D O^ O >H
(T\ to ^ -3 t>
-,! O r- ir> in
rH n lO o^ tN
1 -f o O
3 O vO u
\D O 00 TO
(^ (M O ^O O
P- O (M (^ >I
C CO <-* O
O r^ (M irt o
vl O^ C^ CT» lO
\0 0> >J- TO -H
J r-< vO -O >
-^ ^0 m TO -^
nj TO <Nj in (*!
(%j TO [^ o in
m o ■£) r-
,D ^ -H o
■-^ o o ^
-.* m O m TO
•J t "^ "^ e
nj o \0 TO o
C^fnir\Off' ^i-iTOC
r- in a> c- "^
TO [^ 00 0> "^
in TO g> >o \o
\0 (T- o ^ fn
f\j nT in -sj -J
o^ O
^£l (M
. Q O O
. S o o
o m O m
o o o c
888c
t«§§i §§§§§ §§§!§
in o o o o
r^ IN rA m ^
t, L. t. t^ I>
a> V 01 0) 01
'O "O 'O "U 'D
§§§§§
§0000
.88.8.8
O u^ O O O
rH fV -^ t-" (-
J, t, tH t.
TD -O TD -O O
§§§§o
aJ,o^r^(M r\jnr-i-i>j iTisOC^OoO^ i-HiHrgf^m rHi-Hfymi-i
x-te.4Q. -«<>-*» ■«*«»-«o-^-^ ■»*»■«)■■«-«■ •«»■«■■»■«-*» ■»«-*4-*9-«-
§s
c c
in .£) [> TO Oi
^ -o r^ TO c
CD a>
01 3
§5
01 o)
3 o
1< 1)
V .-I
0> «
01 w
to-
INDIVIDUAL INCOME TAX RETURNS FOR 1954
71
•-\
AJ (^ -J
lA
vo r-TO
_.
o
^
AJ
tn ^
•A
vO C^ TO
ff, o
^
CM
m
-^
lA
vO P- TO Ov O
\-,
CM
en
•4
lA
>o p- TO c^ o
^
AJ
m
'i
lA
NO
t^
TO
0^
0
^
fM
ry AJ AJ Ai AJ
AJ AJ ry AI m
m m m tn fn
en tn m
en -4
-4- >J- vt >J -J
-4- ^ -J -4' "A lA
■^ -^ .-< ^ n
[^ lA lA (-1 TO
O OJ (^ rH C^
vj- C- -A ,-« CT^
rn O Ai r-t TO
c- p- ov \o r-
P- sD »A (^ AJ
rH CM (n NO r-l
■ope
O o
0> AJ ON rH ON
ON (^ lA >t o> tn
rH
Is*
■O -V
AJ CO 0^ vO (^
TO in ry m o^
<A ,£) C^ xO O
>J (Ji AJ lA lA
-} o^ vo (ji :^
O AJ TO «£> CM
■o -4- -o ^ TO
m >t
CM O^ P- P- TO
C^ (> P- P- CTN CC
0
^ rH fn u-l vD
"A 00 ^ AJ TO
^o o r- o r~
O^^'N >A --^^-,t
C^ O lA P- CM
AJ CM
ON rn AJ vO ON
ON P- O O- TO C
ij £ "
;t^ " '
p^rTo? rj"<\
oTo? TO r4"cr
t-( s <n
lA O^i-T^rH
^ (n TO tn ^£)
0\ yj lA vj- »D
CM m ;:i lA o
TO St CD vj P-
>S fn ■£>
P- O rH
o lA p- TO m
tn rH S TO en -Nt
%z^ ^
R!3S?S
K3S5S
TO C^ O O* W
«o AJ ry o (n
TO P- "A P- «C
lA p. r-
r-
vf lA ON O TO
.^ ja V.
1 t^
;^
AJ AI fn u-1
TO >^ -nT «o
fM CM TO
rH
r^ AJ fM
^
o « =0
r?
oT
■^
'"'
m -*
■"•
'^
CM
CO to O (-^ E-
2f:SSS
[^ lA TO Ov O
\0 AJ ^O -*! AJ
TO TO r-l -J fn
lA lA lA TO lA
yD 2 o P- 3
rH AI ^ CJN O
p- ya [^
O- TO
> -O rH TO fM
rH o -o m r- P-
CM
co r- -* i> -^
-,t ty o^ "A \0
tn .£) lA rH TO
o ^>i
u^ tn
o« P- O en -A
LA ^ fMTO *A rH
CM TO m NO o- c<
m
V: !^: ■» ^
ON_ r- c- ^ TO
rS .O --H >r en
-^•^o <> o
O* AJ O lA TO
ry rH TO TO yJ
-^r "^ c^ ~J AJ
O* TO AJ P- fM
rH ON lA ya (3N
^
2 S 2 ! -*
_^
lA fn r^ r^ r^"
O O -4- C^ CT-
oTcTc^tn o"
TO AJ O •-• r-l
rn ^"t^^^"
O No'fDO ^
>f P- rH ry lA
<3 o c^ >A TO
o p- r-
S5
p- tn LA TO >£
sis§§3
^
■J3
32f3S3
f^ u^ pi xD ^
r-l lA CT% O D-
>t t^ o fn m
■A ov P- P- (J.
^ \D rH <A AJ
TO «0 ■.!■ P- *0
-4 CM nC
On lA rH -,t rH
0
en «0>t O r5
[^ r- lA r^^ ry
C^C^TO O >A
■A rHo o>r
TO (?■ lA lA c^
^ ya rH AJ ON
sr
J s,.^ e ^
oTrH r^'oTrJ'
■»r i-H --J- (^
-o xo tn
ATtCoj ^>r
r^A?>r'rH'iA
rH Ov
TO tn tn
CM CM n£
r^ enO
■^ >f rH nA
0
*"
CM •-<
■"*
l-t
m
|^J
-J- lA CT> (J« (^
3- C C- <H n
-3 vD o n o^
fn r-l ^ (-1 VD
c^ r- rH TO o
lA fn o> ^o :^
^ fn rH CJv O
tn ry o lA -^
CT- >0 P- \D TO
TO rH p. O CM
CM lA NO s» lA
-J CM m
C^
P- On rH en P-
>0 rH 00 O rH nO
lA rH <5 rH CM »0
.A
^
■0 -^
Aj o TO 3 ry
r- ■-< o> c- r-
Q fn TO \0 sD
o fn >A r-- <y
CM "-H rH TO ^0
rH P- P- lA n
§sg
~3
p- tn rn -^ m
rH CTN c^ f?( et
1 I '
s 1 S
00 ^ m >f rH
o -g- £^ o tn
nO TO lA m CO
■nJ P- --f ON o -o
C3^
o>"r^v£) o 'Ti
S^SJPS
iAu^.-( CO r-
^ Oi ^ \0
AJ
lA rn t^co fn
TO vO lA O 00
cn AI *D -g- a
-,r lA ^ nd nO
rH en en
"^00
•O ■a'iA lA TO
CM CO CO ya o^-4
on"
c
1 P
c
TO n C-- lA
rH AJ >I Aim
rH -vj P-
'^a'" s
•o tn -4
CM rH -^ AJ
Sf ^ AJU^ rH
S
l:;g
en
t. C "■
.
O u^ (J, [^ ^
^ Aj m >o ^
[^ a> ^ -A r->
AJTO O O AJ
o o- o c^ -^
^ -^ ^ TO ^
sssss
33S
P-
ON rH lA O -O
A( CC AJ > m r-
r^
■a M -n
r-< rvj TO fNj tn
ss_sss
8 S 3 !n^
rH £^ AJ n TO
O "A AJ rH TO
CM
CM lA nO -O -4-
On ■o m -4 TO m
(^
ai oi c
>,D rn 0> ■-' ■£)
a> rH TO ^D A
«-- TO ^W ^
<A CM TO nO m
O y? p-
— >NC
nO r^ mO) o>
rn
■-< ^
^ ^
'?■
^ f\i 3 CM M)
saaas
cy ^ A) o D-
O^ (\-^ r^tO
TO c [j^ ya r-
rH pT oT (> in
rH O CD -O P-"
CM 'A nD rH yD
rH^sTiA
•-^P^
A? tn Qpya--
en CM 'O ON CM
CM ya" CD -A -ja p-
P^
-S •-<
15
,-< lA r\i TO
TO 'M r- m i^
r- rH TO AJ f"
TO lA CC
rH C- cy -4- m rH
fM
E to
3 >i
P
^ ir\
•-'
>r CM
■-•
"X
"£
-4'
T3
o^ u^ r- \0 -4-
TO tn O lA r-I
O to -J- TO \0
r- lA AJ ^O Al
g; m .-( TO ry
O r^ ^ <H AI
TO_^ f^ O AJ r^
ON yD o^ AJ O
>J ^0 TO >A O^
sasa?
TO ^ TO
'§.
■-f nO en -4 m
TO ;^ CM rH m
TO CD O P- Ct
en rH nD lA fM tn
P-
S O
<^i^a^^r^ <M
IT, m rH r- n
> rH vo r- so
ON ~t -A TO P-
O^ O \0 -4' P-
Q lA %J
SSSS2S
ON
1 IS
rv >0 O O' M
o oto r- o
TO O ^ Aioc
W^TO >I^-J_TO
ON O TO nO lA
■4^
CM-"
3
(J> O r-l i-l in
lA Aj lA yj \0
u-Ttn c^oTiA
tn o^"yD r^C
a7o ya^'Arn
o^NtTn Qo'p^
p^uCry aTy?
-/cTiA
^
O ON O^rn .-
en 'D' O* P^ CO nD
0^
— QJ OJ
1 li
^ (M fM n -.!■
iH r-H -vl sO
r- AI -4- rH p-
AJ rH c
rH m fn
lA vf >£
rH rH CM ry rH
Si'ffl m
^
'-•
AJ
fM
'^
^ 03 <o
"^
'^
s§-s
r- o ■-< lA .-1
'J O O C^ ^D
CT> t^ ■4' C^ Al
^ o oS (M r-
o m fn oj U-.
S3:SSS
ry rH ya fn rH
en a> u-i >t ON
O -nT rH
1 AJ
<y o ya TO rH
^ ^ J.^ ^ J^ f-
^
O 0)
-O 0\ rH rH O^
SiS3§3
tn TO AJ lA TO
O O^ CM P- 'f'
ssass
38 S
sf
rH u-l TO TO ya
O O O nO 'A LA
■s^u
, c
^ .-1 ^ r^ ^
\0 lA ^ r\ A
D- TO <-< -4- TO
O-
O rn C7- O o:
u-> ya -4- rH o m
^
i ^
ry
rn'tn r^■(n o"
S^fj's'S
[C^pT^^rC
^ t^ ^ lO r-
-4- oj AJ r-. tn
TO TO ^oo y:
OoTia'p^TO
"m'sss
en (M f\
O^
ND-oya TO >]
rH m CM tn rH
'^^JR^'^^"'^'
^
^ i^
ry o^ TO A
P- rH r-. rHTO
ry en on
fn -4 1-
1 °
|£
"
"
m rH
^-
Q. I/I
ll!
t> (^ TO TO -vT
■O 0^ >D O fn
^88^£
^ fn rH CT^ -J-
^ (n r- lA ^
(A O TO lA O
ON AJ A O rH
m -o o lA NO
TO tn lA
1 tn
ya CM (M CM m
P- nD TO TO P~ O
(J,
O TO ^"1 -4- -"i
(n o yj TO --^
rH NO fn TO lA
rH rH lA tn TO
saa
CM CM rH lA tn
CM LA lA -.J O rn
J= !D
TO OJ rH Al vO
r^ -H IA^I>^
>r ^0 AJ irv c^
m C- TO AJ o
AJ NDTO P- r-
-^ p. >A rH fn
t-
u^ rH p. UA p.
ya AJTO p. rH p.
SI
t.
^
(7> -sf [^ n O
^o'^A cTo'cC
-iToo rH yD c
rH r^rfCtn (N
P^rH nO CO (\
p^iOaTtn f^
O CM yTo rH
■a"^ vt
(^
ya ON t «> ■-
lA -4^ rH O P- ^
ON
1 II
rH rH ^ lA C\
AJ m'AJ .-< A
■.J rH vD ~J (M
>A O* rH rHTO
''a;J"ft
rH P- ON
fM
lA -^ O 0> ^
*A ON -nJ- ^ AJ
CM
"^
^ cr- -t
'"' "* r^ S A
rH^ rH AJ
AJ
^ r^ -^
r-> -4
r-l r-t r-t
P-
TO
.-. rn O rn ■-•
-4- Ai o o ya
(n f-i n %i5 o\
tn lA o o o
TO fV tn AJ o*
m p •£) rH r-
TO ^o --H fn m
P- CMTO
t O^
ON CM tn en ^
TO -.J CM C^ rH
C^ rn TO ^ lA p-
rn
ry TO f^ O^ r^
•O C^S -.f c
tn en "X) r- tn
m vj- c^ yj lA
AJ TO 0« <A lA
0> TO^ CM m
rH TO >t
o
sa^Sss
CO m <M ^D f^
ry 00 ^o^iA
u-i O^ m C^ i^
•.f rH vn P- AJ
P- >f P^ CM A
O rH rH
A
rH lA ON >A CC
p-
c a.
s ^
O
a'^'ags
O cj^ojr^
iA"<n >o ry -H
r-T 00 rn' u-T en
fn TOrH o ia"
m -o -4' "-< ^
AJ ^"tn ^ ^t
TO sD m o^ tn
nD TO P-
lA
-i fn tn lA <T>
rH rH CM c^
CM rH ON nO C^ nI
TO
j3 •J
: c
fl •J
rH AJ >t lA
m AJ AJ AJ
rH AJ u-1
ON m p-
CM tn c^
m tn rH rn
lA
•z.
C^
O O O O* TO
|3§KS
AJ r' AJ o> TO
^;J2:?^
O vD TO O lA
AI rH rH ^ tn
CM *A lA CMTO
ON tn TO
1 o
-^ c^ o> rH TO
P- rn O t^ On CM
CM
0
"0 -V
f\j m n C- in
O O AJ m m
St- lA TO \0 AJ
rH >* ^^ U^ O
^g8cl^
TO CM P-
f
4 ^ tn in o
ON rHTO rH NO NO
0
1 11
tr. .-( ^ -0«
CMC ,0 MS TO
rH^S u-' * ■-;
^ p. O o m
fn (^ rH p- ry rH
n 01 M
M c o
<A C>J OJ ri H
>A rH t> tn (P
lA vO r^ Al -d
lA tn a" (> <-^
r4 lA O O^ 'A
p^ty >A''(^a:
rn o o o* TO
oTo CM rn'p^
^""^^^'^SaS
P^NlTf^
3R5"S&
CM ON nO rH ^ ?1
III
■A Cn sO St TO
■-t c^ >A v( n^
r-( AJ yi r-
cn rH CM lA CM
lA rH nO
ya
TO
r-l ^ r^r^ <N
^ AJ AJ AJ
•4- P- lA -J^
rH tn lA
CM CM O^
r-t r-t r^tXi
rH rn rH lA
m c c
3 9 '^
""
'"'
r-l
^
P^
■^ n *^
00 ^ lA CNJ -.J
■5* >A O* fn v£)
O A) TO CJ- TO
c^ (n c^ lA f^
Q tM l> TO TO
9 :;? S: ^'^
r- o c^ oj r-
fn lA ^£) lA rn
rH -J- rH CM O
lA -J nO rH 0^
•O lA O rH C^
-4- lA TO rH u-
rH rH <^
1 0^
CM O rH ON lA
C^ AJ rn lA rH TO
P-
OJ Ov f\J TO C~-
~^."^.~.
Oi lA (n S" ^
rH [^ sr -J TO
CM rH ya
C^ CM CO nO O
rH ^ 3^0 CC
r-l a r-l r\ ^ r-t
ON
c
^ f- f^ O^ <M
fn O O C t^
in r- a^ ry (-
TO^rH
■-
in nD -4 rH O O
ya
||l
fe s
oTiA o TOf"
SSS^SS
r-T en lA P^ U~.
•O r^ ^ c^ •£>
TO C^ rH o rn
r-t r-{ C\l r-l C^
rH'lcTfjN
CN
O TO CM rn en
fn"o TOCM ya c\
s
r- (^ r=-^ro
^ 3 ^ -j! ^
17- ^ TO ^ TO
^ c- m u->TO
■^ ;3 "^ "^^
m "A yj o^ p-
^ ON "A
AI rH CM >A lA fM
Is
z
^ rH
-4' fN m
rH AJ AJ OJ
lA rH en
-H tn
rH >J
p^
■/'i in f^ -J- AJ
t- r- t^ TO t^
l.-^ tn O^ fn AJ
CT* >0 r^ (T- CT-
■H cn o lA 3
-> rH U-V ya P-
\0 lA -sf cn AJ
AJ O lA CT> lA
O CM TO lA CC
P- CM CM lA nO
est f-i \0
•^
O lA CM NO St
lA CM p- -nt yS
O fn *A ON TO TO
ON
tj ^
-O Q •« Ai O
^ O TO O -t
AJ .-< TO ri CM
rH P- nO ya rH
sss
P-
rH «0 lA ON P' AJ
-n
^ C I
o r- ^ A) lA
TO OTO n "-
■A D- <0 O -J
?y n [f ^S_
O ON ^ 'A rH
r-.(D
en-.r^'Aci "A
rH P- fM -4' rH f
^
>
§ " -S
C?
^" ^'" o" ■a" .£
^D C^ m TO rn
^ in TO >o O
en o^r^ry f
cn TO (n TO rH
p- ^ tn p- n£
-S CM .-
CM O u^
"-^ A
P^ On" nD Li-T nD
p^ On" en 00 -4" m
lA
-J. ry ^o f^J
^ m -.r U-,
AJ -< rH rH vf
TO 0> ^ lA
- _. r-. TO
CM rn rH
CM nO u■^
^-
t.
1 e^
in
m r-l
r-t
<-.
O lA C- {J* vO
fn vA TO — " »o
AJ \0 Cn TO AJ
TO O P- vt rH
xS TO rH rH p.
>A O^ AJ rn rH
S o S 5 (^
o lA tn
TO
f^S5[p^^
P-_nO nB^'A NO
0 rH ^ ya C^ TO
NO
c
II
(n rn O i-t -J
-.f lA D- TO c*\
fn c^ -^ O AJ
AJ AJ lA TO fn
P- CM O nD TO
rH NO rH
P-
p- NO i-n 0 nD AJ
AJ
V,
r- -* "A f^a
t-. ij- 3 AJC
>J lA TO -* »I
-o TO c >f -g
-I'^^-tC--i
O lA CM AJ tA
lA P-^CD
--^en
sT -A -4- TO P- m
t.
'Q
>0 TO (7> O u-i
o'o^""^'c^C^
O uCwcO A
o -.t o^'y^ f
TO fn rv AJ p-
AI -J m C
TO rH fM O C
(M rT-O
"^lA
P- ■>? O- rH Ot
sasss:;
^
f^ (M rH .-* C^
r- r-l >!■ iH vf
AJ AJ P- ^ -H
r^ lA n >]■ A
> (^ ^ ry rn
rH p- nD OJ lA
lA ch en
m
fn AJ ^0 (J- (M
Pr
c
I>
tn n-l ,-.
AJ AJ rH rH
p- m
0
l-H
z
nD
O 'iJ O TO m
O fM fH O ry
-J- c~- (n lA ■X)
-J <N C- TO t^
C^ O TO TO AJ
r- -sf t- >S ^
ssass
y3 ^ (M ,_! ,A
lA TO St AJ ir
-4- ^ -o m [^
Ov CM P-
1 r-.
e^ TO p- <^ p-
CM rH P^ 0 lA ^
0 ON CM ;4 TO H
^
O O -^ 'A CC
in o» (*i c^ f^
TO S O rH n£
TO "-* C
TO CM CM lA TO
? " s
lA Aj >A ry oc
TO AJ yD >I o
o r^ p- o r~
en TOTO «"> .A
CM P- tn o O
TO -4 lA
A
TO C^'^«^'^
P- nO nO P- TO P-
0
i 15
IrT
^"o^'ooj'c^
t-^r^ cTto C^
S"SSS
rH r-Cr-T ojtn
y3'u~> Q TO y3
■A ^ O -1 p-
TO -^^ "A CM f
f^ rH fn a*
S3^""~-'""^S
fM ry cy
^CO fCtfT^
ya p^ rH ya"" lA p-
ia"
-,j <v ry oj U-,
fn O "fl TO f^
-4- r- lA %j f
u-i ^ p-
CM lA rH rH
CM rH p. en rH
I?
>
1 &-8
C-
AJ -<
vf
n AJ rH rH
AI
rn m
a,
"
0
p^
V.
^ ^
>A CTv lA fn CC
ry r-i .-( AJ lA
'O o yj CO lA
TO TO O ^O O
rH C- ya lA ^
en S o TO ^
r-l ^ -J
cn p- Ni
1 P-
<> O tA CM ^
en S (^ p- tn (^
CM
P- C^ O TO rH
TO TO rH lA lA
SSSSP
O lA rH yD rH
^
lA rH tn -O AJ
S
ll
12
C^ O -J lA vC
r-«3 »o o> O
lA (n \D -* TO
rn -J- tn lA AJ
•4 fO ^ i-l r-
TO (N yD "A u-v
P-O rH
ti
ya O' nO m o
0> -.f 0 lA TO (>
;;£^
vo'fn'o^'A'a
o. r-i A( r- m
rno^iA ^^^ lA
^lA AJ lA O
P^P- P^rH C
uCp^rn ya -A
0> O TO AJ <-
7^-^^
P-
P^ on" CO nD r
■-t rH P^CD -.JiA
?i^ J^r^
rJ U> p- tA
-i^ vj m AJ c^
■J) ^ «0 rH O
rH CM rH ^r
ON-Nf rHO
r-t CM CM rH
rH ya un CM ON
tn
rH rH rH
■-t A)
CM
'-'
ya
^^
2
tn
^
^ ^^ ^
TO fM Ai O a
Si;:!?iS3
lA O «"> rH TO
p- rn TO (n >A
u^ nD O CM -4'
TO tn tn
;S?
TO ffi rH -O 2
CM O TO rn c
t- 0 -A NO CM rn
lA
5s_ssia
fn u-i (M rH P-
lA CM TO rH P-
• TO lA c
rH rH 0 CM rn TO
TO
"C -^
^ rH rH TO a
SaOV O lAC
p: (? AJ Ia Oi
TO lA sO [-- rH
en p- p- lA -sj
rH >t P' rv>J
P^rH -4- en P-
TO rH CM rn 0» On
p-
s"!
111
o7o -^o c^
[> vC (-S rH iH
O^O^O^f^C
<n o -1 en c^
rH o 3 (nm
rj rH lA TO 1-
TO O' lA TO P-
o cd'o^'niTto
SS
■^p^TO en o
fn On AJ nO ->f
CD 00 on" tn vt" s
r-l 0 r-l -40 r^
m -J -4 nO 0 tn
S53SS
CT. p- 5> vD g;
lA rH CM U-\ lA
CJN AI CM rH lO
■A CM -nJ m TO
u-1 ya lA
2
en
O CO CT> ry ^0
O AJ AJ TO TO
rn ^I rH TO fn
tf> rH m lO rH
NO >j- o^ fn P-
TO TO "A
o-
>l m vo ON p-
On
I .H
fM C^rH
f\ .H en Al
rn ~j n.
AJ AJ AJ en
.O O m >j-
i-l TO
rH rH CT
rH CM C-
m m rH -J-
^
(M rH
TO
0 w
A) -vj TO TO 00
TO Al \0 TO f
^ ,o ,o >A c-
a- C^ >A m rH
■A -sf TO P- rH
CM P- "O TO tn
rH O rH
lA TO
-H NO O -4- C
p- <y u> tM ON 0
0
O *A (Sj O rH
Al n O -sj lA
AJ ^D en o ^
■A rH ^ (y yj
>r^TO_^r^rn s
O P- lA lA fn
^ NO tn cf TO
U' -^ r^
TO 8 tn r- N
«:; CT- g -nJ AJ .A
!a O rH lA <*
tn -^ Aj Aj r-
•D r- o r- cr-
TO tA if) On rn
rH O --t rH C
CM u^ s
0 tn ya rH >i m
t' 11
"
f^(-l oTcyo
•o" ^J^" >f O' c-
r^ 17- ■J' CT> c
TO vf lA ^ f^
"A TO tn rH O
rH TO m ^£l A
o on'o vO S
pTcfT-O vt'a
P^TO ^X
rHrH
r^atDt^ay
m TO rH en TO fN
E^
l-"- -J- A( -O "A
-4- OJ rl -sj o
TO TO lA O CJ>
>A 5 \D tn t>
o o o c^ rH
TO lA TO C^ lA
TO TO TO CM O
tf> ON ,0
CM O
P- U-\ CM tn rH
0 Q P- CM 0 ON
AJ
.O AJ m ^ -^
TO r-l rn Sto
r-1 ri Al in o
CD -^_^ Cy AJ AI
i~< m rH ON
r-l p~ cf --1 a^
lA ^ p-
-4- rH TO CM AJ
rH 0 TO lA rH
CO
w-S,
-J
<n -h"
rH CM •-!
r-
u-T CM
oj-
rn" rH-
on'
o ■
O' ^- r^ •-• f^
m TO O' fn O
^D vO ^ ry TO
>0 rH O rH AJ
TO 0> ^D O m
CM ya vOTO lA
NO cy O' p^ rH
TO NO m
LA LA
rH ON 0 "A CJN CM
^
TO O O IN O*
O O f J (^ TO
^ O O -H ,-<
■** TO rH O 'A
-* nd o c^ p-
P- rH tn Sf AJ
CO CO O nC tt
P- ON o
CM m
SHS?
0 rH p- >!■ CM m
r^ C TO "A fn
C- ry [- ^ s
TO -O fn TO f"
°X'l'^'^'^
ON P- P-
tn o-
C^ Ch -4- CM TO CM
°i.
i
3^ S
u^3
"^
(^O^O <^P
o^<S •^ f^ ■^
>£p CT. -J TO a-
a- !T- -A AJ -st
<nc^>oc^""N
lO rH oTys rn
%j m o fn N
O -O rH en s
00 P^O^'tA c
rH C^fMOCI
rn CD 'A
rH P-
s^^sgg
TO lA CM TO -nT 01
ia"
■— ' r^ o^ r^ A
^:itS^
rn (j> AJ tn TO
rH ^ O O rH
CM (*1 rH AJ CM
nD p- ^
CM rH
tM 0 00 nD CM 0
0
r-. A, Ji> r- .A
.-i -^ ^0 lA O-
r- r- r- nc
?^5" ^^
e->
rH rH Cy lA tn rH
§
■z.
-'
m r^
'^ '^ "^ rH
-O rH tn
~^
tN
rH rH
ya
1
u
1
1
n
O
o
m
0)
s
s
«
c
♦J
(4
■rl O
•rt a
■H
*j
(-•
v
•H
•H
rH 4J
d 1
rH +>
f^ C
rH
3
o
a.
J3 >
6
o o
C
o o
C -H
■H
m
<B CU
m a.
Fh m
(C
a;;
h ;«s <w
0 M n
+J
»j
isill
■-^ fi o M a:
•rH <D
fig
c
|gS-S-E
aj J4
^l
^■ass
s
>
sas
+^ -H hp-H to a
C G S^> C C
P S
3
ti (0 -rt -a 1-
O C
M O -H
C m n (D <L
Ji P
o c >
■> o
aj 0 C <M t-
OJ » fH -H b
0 -H O C <D
01 3 W 01 r-
fl) -H OJ -ri r
32^ = "
= ^55c
x: o (/
♦^ a
lliii
to
^ H (D -rH C
CO £ -H -H CC
m *= -H c >
' S? g S!
l^ t:
e fio^ ♦^ y E
s ffl ^ -a 3
C C 3 -rl t
C J3 > 3 3
3 » tl Ph -r
3Sl5£
O Q Q k, C
S -a r-. c c
a: n M M »-
S:S3^^
^3335
o^^^^
SSS^g
§11
II
w to en E-i r
ssiisi
r-l AJ (^ ^r IT
^D t^ TO (?> C
r-l AJ n ~I T
\0 P- TO O C
rH AJ rn -4 iJ"
NO P- TO ON C
rH AJ m sr «~
•o r^ CC
CT> C
rH CM f^ -4- ""
ya P^ TO ON 0 r-
CM
•-
■-
^
>-
<^
A
■^
f^
^
!*■
f^
rr
f
r-
f
tn -4
-4
■nI
-4
•n]
V]
-4
^
-4
-4
«-
"
lA
g 0)
^ c
03 0)
S5
& .
= f-<
0)
ti >
O (U
o
•g =
= >i
<V4 CD
o s
C -H rH ;
■H Ji g I
72
INDIVIDUAL INCOME TAX RETURNS FOR 1954
-ADJUSTED GROSS INCOME AND INCOME TAX, BY STATES AND TERRITORIES AND BY ADJUSTED GROSS INCOME CLASSES
(Returns with adjusted gross income)
Adjusted gross income classes
Taxable and nontaxable returns :
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Taxable and nontaxable returns:
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Taxable and nontaxable returns:
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Taxable and nontaxable returns
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000...
$1,000,000 or more
Total
Taxable and nontaxable returns
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000...
$1,000,000 or more
Total
Number of
returns
Adjusted
gross
income
( Thousand
dollars)
Income tax
liability
after
credits
f ^ouaand
doUara)
92,125
143,651
150, 372
117,030
85,462
107,179
9,773
2,991
2,834
1,352
511
75
14
18
1
1
50,594
212,315
375,050
407,885
380,713
679,272
116,171
51,647
67,603
50,210
33,776
9,251
2,372
4,931
790
2,603
2,445,188
303
6,550
18,654
21,098
27,189
72,500
16,912
9,176
14, 523
13,829
12,852
4,406
1,097
2,712
386
1,287
223,474
Colorado
65,144
81,888
76,253
84,895
77,403
117,012
10,265
3,732
3,712
1,438
528
81
19
16
3
37,069
122,869
187,777
296, 64A
348,001
754,374
121,536
64,035
88,277
52,975
36,535
9,724
3,450
4,223
2,050
8,278
449
5,912
12,701
23,651
27,840
81, 504
18,416
U,560
19,022
14,604
13,461
4,563
1,709
1,974
1,073
4:244
242,683
Number of
returns
Adjusted
gross
income
( Ihouaaod
dollars}
Income tax
liability
after
credits
(Thousand
dollara)
36,368
48,987
33,043
39,600
43, 590
62,633
6,295
1,824
1,262
930
296
21,035
69,953
95,066
137,770
197,085
410,453
74,806
31,233
30,700
34,461
19,106
5,931
1,990
2,468
1,016
279,907 1,133,078
265
3,456
4,971
3,270
14,790
43,592
11, 545
5,817
6,979
9,375
7,084
2,503
1,006
1,530
471
Connecticut
91,773
103,808
134,411
155,104
132,315
258,942
23,524
7,987
6,041
3,686
1,664
326
93
105
163,769
212,754
195,447
130,523
121,545
178,739
22,721
7,301
5,779
3,224
1,273
205
64
73
89,486
316,023
488,767
627,612
543,602
1,177,764
271,936
125,946
141,019
120,311
33,405
25,037
10,753
20,348
5,652
21,448
4,069,109
812
10, 550
22,707
39,637
39,633
123,101
40,722
23,189
30,113
33,654
31,250
10,963
4,922
10, 2U
3,036
11,741
441,261
lUlnols
426,122
468,534
475,796
605,176
535,026
978,989
102,165
29,376
21,357
13,331
6,964
1,039
207
189
25
5
3,664,301
225,705
696,041
1,203, U7
2,118,426
2,401,507
6,532,880
1,205,568
505,712
515,450
505,955
447,291
124,784
35,519
52,262
17,118
9,833
16,597,198
2,426
33,370
89,906
186,043
232,207
763,892
136, 339
92,956
U5,658
146,234
165,650
56,017
17,713
27,670
9,729
5,905
Kentucky
127,338
161,710
149,635
U2,326
90, 507
134,020
11,513
3,759
3,406
2,119
739
95
6
797,131
73,199
241,062
373,576
391,343
404,062
867,933
135,778
65,505
82,796
76,471
46,530
11,447
992
1,833
2,772,532
547
7,573
19,035
28,727
31,094
98,004
20,611
11,743
17,928
20,791
16,834
4,959
433
926
279,260
49,008
155,122
338,826
545,402
594,845
1,732,964
278,434
137,513
146,485
137, 544
1U,593
38,850
15,965
31,063
5,474
11,825
4,330,913
758
9,220
28,636
48,580
56,239
206,989
42,286
24,809
31,602
38,299
41,930
17,333
3,020
15,696
3,024
6,106
579, 527
Georgia
120,435
134,043
187,665
132,941
93,878
140,632
13,791
5,032
4,272
2,615
985
145
25
18
3
70,054
273,252
466,714
459,399
416, 598
921,003
164,936
86,130
103,233
96,903
63,781
16,646
4,287
4,268
2,186
3,149,390
507
8,423
18,876
28,022
31,945
97,603
25,044
15,593
22,170
26, 537
23,004
7,563
2,m
2,088
1,346
Indiana
175,095
232,325
223,640
266,228
228,294
359,616
25,263
7,398
6,348
3,223
1,120
165
55
39
2
1
1,528,812
90,227
347,866
562,799
935,055
1,023,425
2,333,364
296,658
127,112
151,465
118,442
73,797
20,339
9,282
10,858
1,590
1,180
6,103,459
817
14,573
40,344
77,434
91,853
271,025
46,016
23,382
33,724
33,640
28,734
10,032
4,756
5,781
839
581
Number of
returns
Adjusted
gross
income
CThousand
dollars}
Income tax
liability
after
credits
( Thousand
dollars}
63,485
95,520
82,419
45,532
45,091
45,301
4,435
1,301
1,789
723
226
53
3
10
3
1
390,397
36,556
142, 339
205,641
153,546
202,389
294,414
52,796
22,264
43,922
26,716
15,306
6,506
1,300
2,362
2,157
7,626
133
3,847
8,234
9,034
14,817
31,657
7,995
4,149
9,296
7,693
5,673
3,017
570
1,415
904
3,867
21,000
28,696
15,908
21,047
16,097
29,830
4,073
1,287
1,148
506
375
120
30
53
23
15
140,208
11, 3U
43,866
38,037
73,451
72,416
195,713
48,181
22,372
26,434
18,346
25,136
14, 386
5,155
15, 579
16,393
31,996
659,777
148
2,165
2,528
5,277
6,433
23,317
7,557
4,127
5,923
5,106
9,322
6,931
2,355
9,298
10,195
21,700
122,882
Number of
returns
Adjusted
gross
income
f Thousand
dollars)
Income tax
liability
after
credits
( Thousand
dollars)
505,070
587,573
598,521
728,544
724,213
1,348,346
144,813
39,781
29,923
17,544
7,111
1,343
353
326
37
18
4,733,521
271, 516
865,002
1,501,033
2,566,270
3,256;377
3,955,936
1,707,765
682,025
717,867
652,732
469,398
163,300
60,733
94,099
25,030
33,860
District of Columbia
36,438
54,041
53,602
81,255
36,336
67,356
10,171
2,918
2,253
1,110
583
26,908
30,636
38,699
36,913
23,466
34,129
4.002
955
603
351
131
19
1
3
196,816
14,311
45,232
97,807
129,024
104,923
224,360
47,302
16,023
15,002
13,501
8,020
2,292
195
300
274
2,439
6,405
9,444
8,899
24,268
7,221
2,924
3,409
3,890
2,955
1,018
138
400
Iowa
684,031
Louisiana
93,960
131,752
113,810
128,828
96,249
136,255
14,037
5,LLL
3,163
2,054
858
165
36
27
3
2
726, 310
52,763
196,540
284,693
452,252
426,925
884,076
166,404
33,206
75,232
77,141
56,965
19,968
6,150
8,085
1,721
2,895
500
6,032
13,879
23,280
36,579
93,968
25,394
16,831
16,467
22,176
22,270
9,409
3,045
4,595
871
1,276
301,572
155,378
167,789
182,413
146,223
115,353
155,458
16,903
4,213
3,345
1,655
499
67
14
87,441
250,256
451,544
508,520
515,131
1,006,169
199,715
72, 591
80,362
59,627
32,376
7,858
2,403
2,367
3,276,360
643
9,629
26,608
39,019
40,720
112,571
29,884
13,274
17,591
16,341
12,333
3,657
1,183
1,331
324,799
Maine
62,479
73,687
62,276
59,488
35,934
37, 502
3,204
1,176
861
523
U9
12
5
5
337, 301
33,097
110, 517
155,799
208,329
153,946
251,714
38,498
20,520
21,794
19,044
9,804
1,298
852
1,732
383
4,686
7,991
14, 620
12, U2
23,659
5,966
3,361
4,979
5,426
3,619
627
335
367
94,161
346,729
20,745
81, 377
136, 613
282,623
165,402
450,351
120,090
50,076
55,463
41,094
39,467
11,698
3,419
11, 178
3,509
1,603
Idaho
22,155
31,974
30,886
42,476
28,916
37,826
3,375
1,100
635
232
94
7
12,800
47,373
78,474
146,179
129,667
246,759
39,497
13,593
15,627
8,948
6,045
733
Kansas
104,693
133,626
112,025
120,712
108,699
132, 594
12,688
3,851
2,925
1,456
516
119
18
17
6
1
733,946
58,564
200,032
232, 107
421, 116
490, 501
390,005
152,427
65,719
70, 529
55,714
33,555
14,443
3,022
5,338
4,011
1^103
2,748,186
Maryland
121,805
166,404
157,577
185,302
150,251
257,965
27,951
7,794
4,918
2,735
1,201
149
52
41
1,084,152
63,836
245,087
397,920
643,313
669,025
1,705,227
330,497
132,466
117,637
102,869
79,778
17,633
3,836
10,958
3,321
2,029
4,531,032
531
12,593
23,910
48,865
57,025
192,864
49,030
23,582
25,221
29,080
28,591
7,854
3,997
5,234
2,039
992
5U,408
See footnotes at end of table. See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data."
INDIVIDUAL INCOME TAX RETURNS FOR 1954
73
-ADJUSTED GROSS INCOME AND INCOME TAX, BY STATES AND TERRITORIES AND BY ADJUSTED GROSS INCOME CLASSES— Continued
{Returns with adjusted gross income)
Adjusted gross income classes
Number of
returns
Adjusted
gross
income
(Thoaaand
dollar,)
Income tax
liability
after
credits
( Thousand
dellHTs)
Number of
returns
Adjusted
gross
income
f TTiousand
dollars)
Income tax
liability
after
credits
( Thousand
dollars)
Number of
returns
Adjusted
gross
income
(Thousand
dollars)
Income tax
liability
after
credits
f Thousand
dollars)
Number of
returns
Adjusted
gross
income
(Thousand
dollars)
Income tax
liability
after
credits
(Thousand
dollars)
Massachusetts
Michigan
Minnesota
Mississippi
Taxable and nontaxable returns:
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
231,769
306,223
363,235
333,017
272,418
383,530
29,932
9,101
9,558
4,714
2,573
387
131
108
11
1
117,038
460,892
908,227
1,161,937
1,222,345
2,482,095
359,094
155,594
230,856
175,944
171,533
46,375
22,426
31,122
7,339
1,118
1,631
28,128
74,296
95,076
107,441
273,191
52,321
27,323
49,616
46,314
59,265
18,515
10,132
13,580
3,638
480
306,530
315,119
301,962
366,112
405,015
820,448
72,930
16,524
13,480
8,047
3,978
540
162
155
15
12
166,979
464,427
752,203
1,293,998
1,819,995
5,435,756
855,301
233,003
320,498
298,153
268,694
64,359
27,565
44,934
9,637
23,243
1,942
21,933
53,600
109,257
156,533
638,155
131,292
52,064
70,249
85,390
102,490
30,438
13,937
25,437
5,895
14,784
165,473
201,827
165,003
184,496
152,709
207,555
17,432
5,343
4,550
2,608
906
186
43
45
4
1
91,547
299,348
413,787
551,134
680,758
1,329,632
206,315
91,620
111,476
97,759
60,209
21,260
7,345
11,550
2,304
1,001
1,079
13,248
23,091
51,411
56,644
140, 376
30,838
15,972
23,212
25,660
21,972
9,377
3,130
5,511
1,160
443
50,763
84,026
68,886
42, 306
35,540
46, 323
4,748
1,338
1,375
646
187
19
7
4
1
28,722
125,273
167,311
145,201
157,720
299,182
54,933
22,932
32,651
24,341
11,566
2,386
1,200
967
583
313
2,969
6,761
7,618
11,921
31,853
3,184
4,121
6,347
5,618
4,244
1,131
552
511
$500,000 under $1,000,000
$1,000,000 or more
308
1,946,708
7,553,935
861,447
2,631,029
12,194,255
1,523,997
1,109,306
4,077,055
428,629
336,270
1,075,518
93,955
Missouri
Montana
Nebraska
Nevada
Taxable and nontaxable returns :
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
221,131
244,081
229,125
233,368
185,125
282,410
25,161
8,911
7,097
4,337
1,907
274
73
81
9
3
114,357
363,658
574,443
813,354
825,877
1,817,390
298,905
151,656
169,705
161,619
126,744
32,494
12,591
22,851
5,798
3,443
852
15,120
34,257
63,911
72,642
209,776
45,826
27,652
36,132
45,705
48, U2
13,599
6,162
11,497
3,584
1,900
28,084
35,627
31,736
33,927
37,351
44,152
4,543
1,710
937
297
67
6
1
13,497
52,174
79,692
117,335
167, 352
287,456
53,774
29,156
22,695
10,757
4,325
706
180
1,093
66
2,547
4,889
8,984
15,112
33,116
8,425
5,618
5,260
2,937
1,692
405
34
522
38, 373
105,337
80,553
78,128
51,349
79,907
7,686
2,543
1,899
987
337
50
7
10
49,463
153,188
200,192
270,952
229,374
513,190
92, 505
43,706
44,343
37,288
22,212
5,891
1,299
2,504
461
5,912
12,927
20,087
21,317
53,637
14,706
8,292
9,662
10,543
8,748
2,705
655
1,319
11,111
11,182
10,545
13,978
15,361
22,494
2,478
711
976
243
158
46
5
17
6,453
16,129
27,002
49,667
69,077
148,085
29,279
11,900
22,227
9,420
10,813
5,435
837
4,558
135
803
2,050
3,819
5,857
18,917
4,585
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200 000 under $500,000
2,299
5,236
2,676
4,423
2,250
374
2,161
$500,000 under $1,000,000
$1,000,000 or more
Total
1,443,093
5,494,885
636,757
218,442
840,262
39,707
497, luo
1,666,113
176,026
89,406
410,893
55,585
New Hampshire
New Jersey
New Mexico
New York
Taxable and nontaxable returns:
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
34,478
34,363
41,147
36,751
27,793
36,944
2,216
974
733
458
114
19
4
4
19,296
52,471
103,866
128,322
124,269
231,458
27,065
17,066
17,661
17,769
7,328
2,204
702
1,398
160
2,605
7,831
9,173
9,871
24,403
4,287
3,012
3,921
4,975
2,522
966
384
659
231,925
255,442
303, 573
352,763
310,066
585,894
61,448
17,039
12,146
6,830
2,680
437
82
80
13
7
114,623
381,822
761,620
1,232,377
1,390,190
3,390,324
727, 561
291,433
291,495
256,730
177,050
50,264
14,047
23,532
8,931
13,657
1,158
19,665
57,292
105,995
125,371
443,604
109,333
51,724
62,038
69,401
56,483
22,730
6, 844'
12,553
4,300
7,526
37,838
33,391
34,970
26,297
25,749
45,804
4,750
1,033
898
466
150
22
4
4
22,310
49,949
87,706
90,351
115,819
311,075
55,451
18,353
21,119
17,359
10,131
2,915
538
1,164
201
1,623
3,504
6,105
8,183
34, 386
8,412
3,520
4,626
5,529
4,048
1,547
376
626
683,031
829,150
1,032,599
1,047,963
939, 584
1,489,140
170, 357
58,977
46,939
27,556
13,005
2,497
853
927
135
56
366,159
1,248,683
2,596,612
3,667,810
4,205,413
9,828,112
2,025,093
1,008,913
1,134,762
1,046,041
858,765
298,750
146,398
253,264
89,154
113,586
3,505
58,000
180,423
299,440
355,952
1,030,384
294,904
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
172,094
229,323
267,222
293,113
122,341
63,717
120,912
43,417
53,665
215,998
750,875
74,769
2,140,475
9,626,661
1,166,222
211,876
804,415
82,691
6,347,819
28,907,625
3,643,412
North Carolina
North Daiota
Ohio
Oklahoma
Taxable and nontaxable returr^:
Under $1,000
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
167,201
241,552
238,535
175,064
109,408
145,707
12,734
4,130
4,041
2,668
842
106
24
24
2
1
92,125
360,360
590,827
607,963
483,671
953,239
152,866
71,458
98,292
99,794
55,072
12,825
4,121
6,782
1,516
1,033
611
10,145
25,890
31,467
33,604
94, 596
21,729
11,978
19,609
24,986
18,552
5,262
1,671
3,328
634
611
47,658
50,514
32,504
27,175
19,821
19,299
2,173
750
399
200
48
4
2
25,818
74,477
31,970
95,366
88,357
127,757
25, 370
12, 388
9,401
7,145
3,001
418
522
212
2,674
3,950
5,874
7,501
13,520
3,731
2,236
2,053
2,055
1,032
170
323
352,484
407, 116
435, 106
534,467
517,055
351,146
69,769
20,764
15,571
3,583
3,300
590
174
174
20
2
183,379
612,875
1,093,883
1,878,383
2,319,539
5,589,624
819,356
356,177
395,729
322,132
243,971
70,425
29,930
47,797
12,975
2,373
1,818
31,126
80,921
155,079
212,005
642,236
126,782
66,878
87,872
91,384
95,197
32,713
1^,352
24,208
6,960
1,350
104,600
125,259
100,310
105,310
88,815
118,452
10,637
3,606
3,344
1,290
694
97
26
28
4
6
55,905
185,327
249,357
368,889
401,477
771,337
126, 610
62, 353
81,197
48,362
45,978
U,719
4,397
7,887
2,575
15,987
423
5,531
11, X2
22,978
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
34,953
19,252
11,204
18,043
13,760
16,553
5,528
2,055
3,917
1,173
8,342
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
1,102,039
3,591,944
304,673
200,647
552,491
45,446
3,218,821
13,985,208
1,670,881
663,978
2,440,907
257,366
Oregon
Pennsylvania
Puerto Rico
Rhode Island
Taxable and nontaxable returns:
Under $1,000
$1,000 under $2,000
71,306
76,046
80,51A
89,167
96,019
145,140
12,252
3,797
2,412
1,350
653
69
26
40
4
1
40,861
114,354
199,438
316,808
429,328
938,478
143,870
65,390
59,247
50,841
42,240
8,344
4,465
10,879
2,290
1,023
442
4,598
13,647
24,872
35,572
102,065
22,112
11,793
12,891
14,229
15,364
3,740
2,176
5,060
1,051
388
490,653
655,708
630,230
767,261
640,693
808,063
63,116
21,570
16,569
10,648
4,883
761
206
198
24
20
262,477
975,018
1,579,330
2,588,846
2,868,513
5,250,742
809,112
369, 394
403,694
400,143
324,299
91,321
35,244
54,763
16,082
38,269
3,110
43,349
U0,797
215,086
255,706
599,294
125,578
68,590
39,593
114,277
123,744
41,677
17, 294
27,858
9,673
21,114
4,148
5,075
3,038
4,143
2,409
{')
2,720
8,333
7,400
14,743
10,706
(^)
{')
79
85
87
565
15
(^)
49,327
54,202
56,169
52,915
44,397
52,276
4,588
1,369
1,393
833
360
63
15
22
4
2
25,324
81,489
135,638
185,223
194,243
335,837
54,092
23, 548
32,765
30,353
24,256
7,233
2,610
6,275
2,694
2,148
224
4,424
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20 000 under $30,000 ...
14,857
17,707
38,419
7,921
4,271
5 940
$50,000 under $100,000
$100,000 under $150,000
8,316
2,934
1,089
3,562
1,363
1,296
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
578,796
2,427,856
270, 500
4,115,703
15,157.247
1,871,750
21,325
54,759
1,230
317,935
1,145,238
133,240
See footnotes at end of table. See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data."
74
INDIVIDUAL INCOME TAX RETURNS FOR 1954
-ADJUSTED GROSS INCOME AND INCOME TAX, BY STATES AND TERRITORIES AND BY ADJUSTED GROSS INCOME CLASSES— Continued
[Returns with adjusted gi'oss income)
Adjusted gross income classes
Number of
returns
Adjusted
gross
income
( Thousand
dollars}
Income tax
liability
after
credits
(Thousand
dollars)
Number of
returns
Adjusted
gross
income
(Thousand
dollars}
Income tax
liability
after
credits
(Thousand
dollars}
Number of
returns
Adjusted
gross
income
(Thousand
dollars}
Income tax
liability
after
credits
C Thousand
dollars)
Number of
returns
Adjusted
gross
incoiie
(Thousand
dollars)
Income tax
liability
after
credits
( Thousand
dollars)
South Carolina
South Dakota
Tennessee
Texas
Taxable and nontaxable retui-ns;
73, 199
100,968
120,883
79,505
55,699
76,975
6,495
2,172
1,4U
724
269
29
4
9
1
36,580
150,040
297,970
275,163
249,337
490,132
76,347
37,274
33,961
25,914
17,159
3,543
692
2,340
745
311
4,942
13,610
15,569
17,415
49,223
11,047
6,059
6,915
6,399
5,903
1,575
293
1,232
436
44,044
43,833
45,940
36,702
25,927
19,438
2,536
647
503
254
66
4
2
1
25,321
72,491
112,908
126,080
U5,526
133,290
30,003
11,430
12,627
9,120
4,042
^609
320
204
310
2,765
6,009
8,065
8,290
15,676
4,533
2,134
2,900
2,528
1,555
339
174
114
136,741
182, 389
179,327
142,765
96, 503
148,892
12,175
4,054
3,244
1,716
692
123
16
22
2
77,749
274,478
445,268
497,546
427,438
963,232
U5,865
69,865
77,512
64,345
46,863
1A,943
2,733
6,244
1,420
525
7,513
21,210
30,966
34,250
104,160
22,085
12,715
16,504
18,093
17,482
6,707
1,280
3,089
695
350,155
414,116
409,196
401,023
333,798
528,035
52,810
19,360
15,648
7,723
3,707
602
167
169
48
16
199,121
612,903
1,016,867
1,398,025
1,502,679
3,433,974
627,156
329,274
376,683
293,166
246,458
71,950
28,600
48,931
32, 314
30,532
1,446
20,927
45,967
89,333
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
123,481
382,178
98,121
63,374
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
87,050
87,861
98,902
34,801
14,423
25,330
17,184
17,738
518, 343
1,697,197
140,929
224,952
653,976
55,392
908,671
3,115,501
297, 279
2,536,573
10,248,638
1,208,671
Utah
Vermont
Virginia
Washington*
Taxable and nontaxable returns:
37,754
35,181
36,020
39,953
44,389
47,214
4,007
1,035
1,101
471
191
8
5
20,043
51,610
88,709
138,865
198,552
296,384
47,653
17,828
25,596
17,253
12,179
975
830
273
2,487
5,633
9,354
11,987
29,494
6,718
3,041
5,183
4,751
4,302
265
336
It'
21,780
27,945
27,354
22,310
12,157
14,543
1,722
439
425
161
47
11
2
1
13,946
40,695
67,125
77,419
55,660
89,504
20,035
7,659
10,343
6,176
2,983
1,281
359
1,105
961
160
1,559
2,379
5,612
3,325
8,884
2,663
1,398
2,296
1,707
996
440
157
690
713
150,118
206,305
210,339
180,845
124,746
193,339
21,733
6,056
4,224
2,266
786
99
35
22
2
4
79,275
304,871
525,339
627,694
558,210
1,312,169
255,398
103,795
102,129
84,965
51,574
n,659
5,962
5,587
1,566
10,647
786
U,869
30,184
44,099
44,097
149,058
37,753
18,437
21,357
22,854
18,697
5,342
2,314
2,852
933
4,617
117,541
122,814
134, 507
147,187
151,716
266, 176
27,616
6,884
5,382
1,858
636
96
25
27
2
3
61,457
181,858
336,941
517, 176
630,631
1,762,740
327,439
U3,145
130,490
70, 521
41,231
11, 578
4,2U
7,394
1,387
10,074
678
$1,000 under $2,000
$2,000 under $3,000
$3,000 under $4,000
$4,000 under $5,000
8,944
22,727
46,019
57,721
205,026
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
51, 545
22,456
30,673
21,180
16,069
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
5,402
2,029
3,336
629
5,136
Total
247,331
916,952
83,989
128,901
J95,251
33,979
1,105,919
4,040,340
415,799
982,470
4,263,326
500,075
»
est Virginia
Wisconsin
Wj'oming
Taxable and nontaxable returns:
86,339
117,160
89,932
88,137
90, 319
84,200
6,802
2,372
1,768
864
293
42
8
8
1
46,388
172,611
223,306
310,052
401,721
532,810
81,907
39,883
40,602
31,438
19,296
4,971
1,456
2,686
556
350
6,529
13,819
20,312
33,434
59,452
13,105
7,339
9,088
9,162
7,429
2,533
745
1,420
257
192,279
226,078
188,976
199,693
196,360
283, 386
21,777
7,034
5,918
2,342
770
U2
57
43
102,962
335,058
471,854
693,042
879,617
1,823,366
258,890
U9,695
142,095
86,929
51,526
13, 599
9,722
12,599
2,403
913
15,505
31,271
53,950
74,843
204,352
39,688
21,401
30,166
23,125
18,618
6,026
4,552
6,312
1,177
16,089
19,316
14,816
14,726
14,044
25,552
2,129
476
328
152
87
30
1
6
8,289
29,551
37,986
51,193
62,790
157,514
25,297
8,219
7,552
5,641
5,338
3,430
154
2,363
100
1,163
2,682
3,353
5,831
17,801
4,002
1,555
1,738
1,694
2,329
1,616
75
1,144
$5,000 under $10,000
ftlQ 000 undpr 450 000
t50 000 under AlOO 000
*150 000 under $200 000
$500,000 under $1,000,000
$1,000,000 or more
Total
563,245
1,909,633
184,974
1,324,829
5,003,957
531,899
103,252
-•^5,817
45,083
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data."
^Includes Canal Zone.
^Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
■*The average amount of adjusted gross inccme per return exceeds the upper limit of the adjusted gross income class in which it is shown. This results from using a rounded weight-
jig factor to inflate the sample.
Includes Alaska.
INDIVIDUAL INCOME TAX RETURNS FOR 1954
75
Table 15.— RETURNS WITH SELF- EMPLOYMENT TAX— ADJUSTED GROSS INCOME AND SELF-EMPLOYMENT TAX, BY ADJUSTED GROSS INCOME CLASSES
Adjusted gross income classes
Returns with self- employment tax
Number of
returns
Adjusted
gross
income
(Thousand
dollars)
Self-en^loy-
ment tax
C Thousand
dollars)
Returns with self-employm-^r.t tax
but without income lax
Number of
re turns
Adjusted
gross
income
( Thousand
dollars)
Self -employ-
ment tax
(I)
(2)
(3)
(^)
(5)
No adjusted gross income. .
Under $«)0
$600 under 51,000
{1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $3,500
$3,500 under $^,000
$4,000 under $4,500
$4,500 under $5,000
$5,000 under $6,000
$6,000 under $7,000
$7,000 under $8,000
$8,000 under $9,000
$9,000 under $10,000
^10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total
13,305
89,329
224,318
318,161
359,380
345,486
366,493
351,353
305,975
273,830
213,792
331,647
226,415
160,985
118,262
89,423
217,070
82,458
68,004
36,392
15, 169
2,531
651
616
81
30
'35,900
41,316
176,942
401,386
632,036
778,356
1,004,362
1,141,419
1,145,534
1,161,968
1,013,465
1,823,025
1,466,335
1,198,979
1,000,984
844,610
2,614,057
1,416,428
1,622,503
1,363,462
995,053
302,046
111,445
174,337
53,531
62,760
756
1,670
5,294
10,952
15,994
19,181
24,733
26,701
25,052
23,223
18,288
29,307
20,635
15,333
11,188
8,684
22,446
8,797
7,242
3,959
1,644
271
71
66
8
3
13,305
89,829
181,461
230,087
210,398
136,807
124,343
77,691
42,354
24,754
7,262
7,783
'35,900
41,316
142,443
286,785
369,954
309,606
337,242
250,081
158,695
1CK,958
34,140
41,886
<^'
1,247
4,211,65c
*22, 510,439
301,498
1,148,895
'2,063,570
(6)
756
1,670
4,339
7,845
9,178
7,776
8,394
5,824
3,837
2,109
691
699
(=)
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
53,40;
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limitations of Data. "
'Adjusted gross deficit.
^Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
^Less than $500.
'Adjusted gross income less adjusted gross deficit.
445805 O -57 •
76
INDIVIDUAL INCOME TAX RETURNS FOR 1954
Table I6.-RETUBNS WITH SELF-EMPLOYMENT TAX— ADJUSTED GROSS INCOME AND SELF-EMPLOYMENT TAX, BY STATES AND TERRITOBES
(Returns with adjusted gross income)
States and Territories
Alabama. . . .
Arizona
Arkansas. . .
California.
Colorado. . .
Connecticut
Delaware
District of Columbia.
Florida'
Georgia
Hawaii. . .
Idaho. ...
Illinois. .
Indiana. .
Iowa
Kansas. . . ■
Kentucky. .
Louisiana.
Maine
Maryland. .
Massachusetts.
Michigan
Minnesota
Mississippi. . .
Missouri
Montana
Nebraska
Nevada
New Hampshire.
New Jersey. . . .
New Mexico
New York
North Carolina.
North Dakota.. .
Ohio
Oklahoma
Oregon
Pennsylvania.
Puerto Rico. .
Rhode Island.
South Carolina.
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washing ton^...
West Virginia.
Wisconsin
Wyoming
Number of
returns with
self -employ-
ment tax
(1)
Total.
50,036
23,273
37,917
389,707
42,617
62,771
8,448
13,692
102,720
67,271
9,910
28,433
258,543
120,366
86,494
61,001
62,525
56,900
30,541
60,701
119,609
164,840
88,445
29,260
100,258
17,261
41,253
6,135
16,926
156,437
14,002
482,700
79,662
15,778
2ai,137
70,010
59,752
269,357
19,676
32,458
20,308
61,761
217,370
17,775
9,960
69,672
87,720
35,841
106,082
6,274
Adjusted
gross
income
{ Thousand
doUarl)
(2)
4,194,635
228,168
128,772
152,736
2,439,926
252,276
364,579
47,14.8
85,559
497,994
352,024
64,190
125,615
1,602,577
594,843
421,795
336,859
299,723
323,709
111,019
340,690
560,919
1,076,363
434,041
128,513
531,883
103,203
193,081
46,870
60,944
806,541
83,561
2,734,423
342,689
67,019
1,093,422
328,543
353,657
1,414,402
32,954
152,045
90,861
283,367
1,134,343
99,475
33,279
351,516
475,602
145,607
507,264
35,722
Self-employ-
ment tax
(Thousand
dollara)
(3)
3,117
1,792
2,237
29,621
2,991
4,654
629
916
7,127
4,207
627
2,112
19,909
8,564
6,347
4,394
4,113
3,867
1,763
4,488
8,115
12,844
6,419
2,050
6,953
1,395
2,890
522
1,U4
11,613
1,096
39,942
4,815
1,074
15,175
4,811
4,647
19,719
1,307
2,112
1,539
3,778
1A,275
1,397
553
4,591
5,922
2,070
7,929
409
304,591 52
See text for individual returns for "Explanation of Classifications and Terms" and for "Description of Sample and Limtations of Data.
^Includes Canal Zone.
^Includes Alaska.
HISTORICAL TABLES
INDIVIDUAL RETURNS, 1945-1954
Page
17. Number of retui-ns by major characteristics, adjusted gross income
and deficit, and tax 79
18. Returns with income tax — number, adjusted gross income, income
tax, and average tax, by adjusted gross income classes 80
19. Sources of income by type 81
20. Selected sources of income by adjusted gross income classes 82
21. Itemized deductions by type 84
22. Returns with adjusted gross income — number, adjusted gross in-
come, and income tax, by States and Territories 8.'i
77
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
79
Table 17.— NUMBER OF RETURNS BV MAJOR CHARACTERISTICS, ADJUSTED GROSS INCOME AND DEFICIT, AND TAX, 1945-1954
Number of returns, total^
Returns with adjusted gross income, total
Taxable returns
Nontaxable returns
Returns with no adjusted gross income, total^.
Returns with only self-employment tax
NontLxable returns^
Number of—
Taxable returns
Nontaxable returns ^
Returns with itemized deductions^
Taxable
Nontaxable^
Returns with standard deduction
Taxable
Nontaxable
Number of returns by source of income:
Positive income:
Salaries and wages
Dividends ^
Interest received^
Annuities and pensions
Income from estates and trusts
Business profit
Partnership profit
Net gain from sales of capital assets.
Net gain from sales of other property.
Rents and royalties net income
Other sources^
Losses:
Business loss
Partnership loss
Net loss from sales of capital assets.
Net loss from sales of other property.
Rents and royalties net loss
Net operating loss deduction'
Loss from estates and trusts
Amount of adjusted gross income, total
Taxable returns
Nontaxable returns
Amount of adjusted'gross deficit, total...
Returns with only self-employment tax...
Nontaxable returns
Amount of taxable income
Amount of tax liability, total
Income tax (after credits)
Self-employment tax
56,306,704
42,619,755
13,686,949
440, 304
13,305
426,999
..2,633,060
14,113,948
15,701,595
13,711,830
1,989,765
41,045,413
23,921,230
12,124,133
49,925,305
3,681,007
6,124,335
730,279
363, 306
6,320,312
1,588,046
2,411,147
135,062
3,863,618
5,019,718
,464,726
228,949
664,084
207,456
,143,337
34,781
12,258
57,838,184
57,415,885
45,206,129
12,209,756
422,299
17,022
405.277
45,223,151
12,615,033
14,426,417
12,932,132
1,494,285
43,411,767
32,291,019
U, 120, 748
50,373,912
4,495,133
5,579,720
735,471
426,823
6,121,474
1,649,591
1,987,723
93,741
4,061,630
1,861,744
1,281,395
241,505
739, 370
151,152
1,192,880
33,205
56,528,817
56,107,089
43,866,832
12,240,257
421,723
9,441
412,287
43,876,273
12,652,544
12,835,776
11,462,609
1, 373, 167
43,693,041
32,413,664
11,279,377
49,342,862
4,213,722
5,196,439
6X,831
425,669
5,791,797
1,625,320
2,034,196
93,738
3,365,368
1,080,870
203,170
665,727
124,402
1,054,992
29,987
55,447,009
55,042,597
42,636,797
12,405,800
404,412
11,813
392,599
42,648,610
12,798,399
11,581,696
10,212,822
1,363,874
43,865,313
32,435,788
11,429,525
43,533,699
4,038,391
4,824,056
598, 330
432,106
6,127,629
1,692,545
2,132,037
100,765
3,335,620
2,353,892
1,047,713
219,839
582,413
180,335
977,080
30, 570
53,060,098
52,655,564
38,186,682
14,468,382
404,534
404,534
33,186,632
U, 873,416
10,320,298
8,724,546
1,595,752
42,739,300
29,462,136
13,277,664
46.147,211
3,668,423
4,410,271
525,514
387,293
5,876,922
1,872,550
1,895,963
117,067
3,727,762
2,278,576
988,465
250,928
668,038
182,540
399,337
51,301,910
35,628,295
15,673,615
512,214
512,214
35,628,295
16,135,829
9,691,340
7,899,061
1,792,279
42,122,734
27,729,234
14,393,550
44,167,831
3,656,582
4,714,567
545,763
353,347
5,317,827
1,971,001
1,439,221
123,254
3, 606, 363
2,238,711
896,247
278,292
697,010
160, 209
873,636
51,745,697
36,411,248
15,334,449
326,309
326, 309
36,411,248
15,660,758
8,823,927
7,297,843
1,531,084
43,243,079
29,1U,405
14,129,674
45,000,595
3,321,922
3,963,527
377,317
323,386
6,337,370
1,636,213
1,694,230
136,132
3,174,410
2,012,844
820,474
173,721
586,123
103,112
821,073
54,799,936
41,578,524
13,221,412
299,072
299,072
41,578,524
13,520,484
10,401,107
8,990,964
1,410,143
44,697,901
32,587,560
12, 110, 341
47,657,623
3,443,646
3,835,126
329, 513
319,113
6,266,633
1,902,081
1,866,853
121,431
3,163,086
2,079,988
774,649
183,111
610,349
98,030
852,354
52,816,547
52,600,470
37,915,696
14,684,774
216,077
216,077
37,915,696
14,900,851
8,753,179
7,566,176
1,187,003
44,063,368
30,349,520
13,713,848
45,699,345
3,306,931
3,636,477
308,957
323,605
6,301,650
1,534,734
2,244,938
137,267
3,106,963
2,038,630
642,131
115, 186
502,457
85,473
770, 224
49,932,783
49,750,991
42,650,502
7,100,489
181,792
181,792
42,650,502
7,282,281
8,478,590
7,800,550
678,040
41,454,193
34,849,952
6,604,241
43,883,743
4,952,101
275,423
291,859
5,276,269
1,421,871
1,671,192
83,283
3,125,981
1,853,076
570,572
108,247
391,561
79,707
692,692
(Thousand doltera)
230,235,355
209,668,830
20,567,025
1,014,480
35,900
978, 580
26,967,251
26,665,753
301,498
229,863,409
212,421,184
17,442,225
1,155,153
46,003
1,109,150
29,657,273
29,430,659
226,614
216,087,449
193,531,784
17,555,665
797,541
23,425
774,116
28,020,288
27,802,831
217,45-'
203,097,033
185,171,964
17,925,069
760, 548
23,912
736,636
24,439,073
24,227,780
211,293
179,874,478
158,545,122
21,329,356
726,202
18,374,922
13,374,922
161,373,205
138,566,406
22,806,799
799,280
799,230
U, 538, 141
14,538,141
164, 173, 861
142,056,835
22,116,976
657,347
657,847
15,441,529
15,441,529
150,295,275
135,301,876
14,993,399
559, 193
559,193
13,076,281
18,076,281
134,330,006
113,050,027
16,279,979
247,206
247,206
16,075,913
16,075,913
120,301,131
117,561,661
2,739,470
17,050,378
17,050,378
^For new definition of taxable and nontaxable returns for 1954, see page 23.
^Includes returns with no information, 1945-52.
^Excludes returns Form 1040A or W-2 with this source of income which was reported as other income.
^Includes returns 1040A or W-2 showing wages not subject to income tax withholding, dividends, and interest, not exceeding $100 per return, reported in one sum as other income.
'Not available prior to 1951.
80
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
Table 18.— RETURNS OTTH INCOME TAX— NUMBER, ADJUSTED GROSS INCOME, INCOME TAX, AND AVERAGE TAX, BV ADJUSTED GROSS INCOME CLASSES, 1945-1954
Adjusted gross income classes
NUMBER OF RETURNS
$500 under $1,000
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000. . .
$150,000 under $200,000. . .
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total.
ADJUSTED GROSS INCCME
$500 under $1,000
$600 ujlder $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total .
INCOME TAX LIABILITY (APTER CREDITS)
$500 under $1,000
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total.
AVERAGE INCOME TAX PER TAXABLE RETURN
$500 under $1,000
$600 under $1,000
$1,000 under $1,500
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
1,29.;, 988
2,426,670
2,431,232
3,078,559
3,452,029
7,924,537
7,545,254
12,355,239
1,215,482
368,492
291,668
161,897
70,332
11,617
3,192
3,234
437
201
42,633,060
1,361,444
2,632,034
2,787,231
3,335,910
3,685,629
3,202,537
7,666,402
12,490,576
1,158,199
348,741
254,008
150,931
60,260
\ 12,461
2,692
372
145
1,420,812
2,760,133
2,963,805
3,568,839
3,333,313
8,552,203
7,279,244
10,609,222
983,014
324,033
252,333
152,900
65,396
14,114
3,195
416
148
1,610,092
2,754,588
3,115,581
3,314,734
4,178,241
8,858,530
6,949,135
3,699,138
831,819
295,919
24S,459
149,837
67,447
12,045
4,008
3,905
523
171
42,833,675 41,594,222
1,570,113
2,663,366
3,333,412
4,132,168
4,585,740
3,663,606
5,740,400
6,114,699
679, 114
256,019
223,432
136,462
62,689
11,564
3,943
4,053
623
219
38,186,682
1,538,863
2,742,356
3,385,746
4,413,528
4,750,944
8,076,430
4,727,478
4,837,794
531,572
220,420
181,989
105,718
46,130
8,028
2,723
2,572
379
120
2,619,795
3,623,233
4,683,599
4,914,112
3,280,683
4,880,174
4,666,206
599, 545
236,433
192,771
114,526
52,725
9,619
3,122
2,975
415
149
36,411,248
2,790,569
4,178,437
5,660,010
6,439,111
6,171,703
3,695,346
3,318,391
2,837,585
436,961
201,300
160,010
89,158
38,049
6,353
2,057
2,018
302
114
41,578,524
3,153,2U'
4,744,514
5,928,686
6,072,132
5,310,256
5,677,207
2,757,501
2,331,353
452,271
192, 540
156,674
38,913
39, 101
6,373
1,994
1,997
323
94
(Tbouaand doltai
27
1,073,793
3,047,987
4,237,823
6,922,725
9,505,225
812,439
828,835
237,475
14,390,553
6,316,307
7,018,963
6,067,727
4,651,794
1,389,769
546,951
915,760
293, lU
406, 532
209,663,830
37,648
213,519
344,535
575,180
817,847
2,467,295
3,049,831
9,210,378
2,185,166
1,145,589
1,521,383
1,683,981
1,708,710
614,555
257,014
455,363
154,785
222,374
26,565,753
1,146,237
3,299,452
4,865,679
7,493,336
10, 156, 359
28,746,397
34, 370, 599
81,752,818
13,718,699
5,983,194
6,355,250
5,682,111
3,994,325
■ 1,633,413
753,081
252,379
275,263
210,483,502
46,165
255,864
449,872
595,210
933,259
2,371,975
3,545,531
10,443,227
2,358,258
1,233,380
1,566,556
1,786,009
1,645,090
[ 312,499
414,246
149,012
169,496
29,430,659
1,191,714
3,463,102
5,176,783
8,030,291
10,717,097
29,930,509
32,575,069
58,763,095
U,577,403
5,561,110
5,034,077
5,757,127
4,340,235
1,863,390
391,963
273,310
289,224
195, 590,999
46,964
271,039
477,751
743,512
1,022,509
2,941,559
3,323,844
8,849,343
2,024,375
1,158,592
1, 520,467
1,830,556
1,811,292
934,339
495,864
164,964
180,195
1,354,605
3,452,761
5,446,157
8, 578, 144
11,530,006
30,946,234
31,016,329
55,838,698
9,923,727
5,073,155
6,003,939
5,551,016
4,500,312
1,440,965
; 687,244
1,100,454
349,694
344,640
183,243,590
50, 542
241, 320
461,740
721,975
998,321
2,728,262
2,919,633
5,607,555
1,594,410
973,921
1,387,753
1,577,415
1,778,160
687,725
[ 356,130
612,301
211,452
213,553
27,802,831 24,227,780
1,310,810
3,381,544
5,318,935
9,290,893
12,552,390
30,154,986
25,557,691
39,045,068
8,148,940
4,395,990
5,391,854
5,144,080
4,192,517
1, 385, 519
576,791
1,141,235
419,462
433,407
158,545,122
40,337
197,079
4U,125
547,370
390,984
2,177,241
2,043,783
3,983,698
1,157,379
757,996
1,121,239
1,382,086
1,517,006
513, 196
323,914
502,558
239,881
260, 550
18,374,922
1,289,971
3,474,249
5,925,539
9,926,073
13,084,856
28,027,397
21,029,837
30,970,695
6,971,830
3,783,153
4,376,718
3,975,070
3,074,224
961,006
466,140
718,256
254,332
255,509
38,437
191,102
394,473
650,080
875,700
1,919,402
1,609,173
3,039,306
951,397
525,709
869,547
1,022,535
1,052,365
407,379
216,042
359,959
143,465
146,459
3,347,031
6,347,058
10,523,553
13,535,912
28,714,750
21,709,135
29,818,294
7,200,558
4,054,251
4,642,297
4,313,111
3,515,082
1,153,456
534,345
335,589
274,704
258,072
142,056,885
37,706
187,415
435,023
704, 578
914,648
1,990,235
1,637,046
2,960,914
1,002,044
684, 138
945,484
1,136,288
1,247,150
503,298
256,026
441,954
155,865
151,715
15,441,529
5,295,521
9,974,180
14,507,256
16,951,476
29,914,610
16,917,330
18,433,619
5,870,655
3,455,452
3,847,922
3,351,904
2,525,752
759,938
352,544
574,611
201,811
214,945
135,301,875
337,787
844,726
1,291,807
1,510,628
2,757,106
1,751,421
2,550,665
1,172,385
350,451
1,167,726
1,277,583
1,186,450
411,090
201,923
340,804
122,749
131,253
18,076,281
2,425,223
6,021,539
10,435,174
13,559,329
14,545,694
22,924,649
12,205,197
15,288,504
5,460,356
3,306,371
3,769,976
3,347,587
2,593,410
751,223
340,333
563,822
216,896
184, 145
118,050,027
432,817
848,453
1,142,625
1,227,337
2,099,585
1,277,523
2,160,367
1,105,837
824,524
1,150,231
1,291,755
1,223,315
410,973
192,264
327,245
127,571
U0,117
Average income tax .
U2
187
237
311
404
/745
1,798
3,109
5,218
10,402
24,295
52,901
80,518
140,805
354,199
1,106,338
625
34
97
161
208
258
350
452
836
2,036
3,537
5,934
11,329
27,300
65,203
153,880
400,570
,168,938
98
161
210
263
344
457
334
2,059
3,575
5,026
11,972
27,697
66,238
155,200
396, 548
1,217,541
148
189
239
303
420
760
1,917
3,308
5,585
11,195
26,354
57,096
38,855
156,927
404,306
,249,433
532
26
74
124
157
194
251
355
651
1,704
2,961
5,017
10,128
24,199
53,026
83,312
144,485
385,042
1,189,726
481
25
70
U7
147
134
238
340
623
1,537
2,839
4,779
9,672
23,030
50,745
79,340
143,845
391,728
1,220,492
408
72
120
150
185
240
346
535
1,671
2,894
4,905
9,922
23,654
52,323
82,007
148, 555
375,581
1,018,221
424
93
U9
201
245
313
461
899
2,408
4,225
7,293
14,331
31,182
54,708
98, 166
168,382
406,454
1,151,430
435
91
U3
138
231
3W
463
927
2,445
4,232
7,405
U,527
31,286
64,437
96,421
163,868
395,266
,171,457
424
^For new definition of taxable returns for 1954, see page 23.
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
81
Table 19.— SOURCES OF INCOME BY TYPE, 1946-1964
Sources of income
(Tbouaand dollara)
Returns with adjusted gross income:
Positive income:
Salaries and wsges^
Dividends^
Interest received^
Annuities and pensions
Income from estates and trusts
Business profit
Partnership profit
Net gain from sales of capital assets.
Net gain from sales of other property
Rents and royalties net income
Other sources^
Total
Losses :
Business loss
Partnership loss
Net loss from sales of capital assets..
Net loss from sales of other property.
Rents and royalties net loss
Net operating loss deduction'
Loss from estates and trusts
Total
Adjusted gross income
Returns with no adjusted gross Income :
Positive income:
Salaries and wages
Dividends
Interest received
Annuities and pensions
Income from estates and trusts
Business profit
Partnership profit
Net gain from sales of capital assets-
Net gain from sales of other property.
Rents and royalties net incane
Other sources
Total
Losses:
Business loss
Partnership loss
Net loss from sales of capital assets.
Net loss from sales of other property.
Rents and royalties net loss
Net operating loss deduction'
Loss from estates and trusts
Total
Adjusted gross deficit
185,79i,926
7,030,900
2,349,915
799,292
633,434
19,218,571
8,973,393
3,614,012
104,930
3,497,917
679,067
232,746,355
1,293,519
259,724
362,625
129,023
401,740
58,829
5,540
2,511,000
230,235,855
157,697
16,966
20,315
6,777
16,041
30,150
117,850
2,381
38,375
11,624
420,382
1,015,290
213,518
16,821
70,035
27,302
86,136
1,434,862
187,607,862
5,804,993
2,021,869
670, 329
1,636,754
18,646,959
8,784,424
2,473,436
60,359
3,605,573
889,025
232,251,633
1,073,477
266,799
437,849
111,682
457,509
40,391
2,338,207
229,863,409
126,058
23,286
20,780
(')
4,722
30,740
13,476
65,040
2,526
53,693
19,731
365,487
940, 584
248,916
24,888
70,954
73,894
161,411
1,520,647
1,014,480 1,155,153
174,193,394
5,834,215
1,822,337
581,672
1,700,139
13,180,679
3,799,142
2,761,038
102,826
3,432,513
794,378
213,202,833
1,009,459
241,285
343,557
39,145
333,212
43,724
2,115,382
216,037,449
U5,638
25,409
24, 562
2,139
11,096
14, 314
34,656
74,777
13,770
56,583
6,953
409,902
373,919
150,234
16,905
50,624
24,392
90,365
160,336,699
6,030,895
1,684,015
499, 306
1,739,064
18,131,463
3,852,180
3,185,644
83,761
3,299,943
1,199,951
205,042,926
939,922
231,766
268,802
126,056
342,834
36,511
1,945,391
144,993
25,120
18,200
503
22,361
31,078
18,865
96,777
5,142
53,415
8,598
425,057
756,666
227,316
16,373
78,267
38,322
68,663
133,956,127
6,130,906
1,582,398
429,767
1,689,754
16,846,649
3,554,469
3,181,051
101,494
3,183,655
1,008,812
181,665,582
340,420
223,547
313,886
132, 306
280,930
1,791,139
179,874,478
116,993
26,793
12,706
2,043
10,313
16,785
21,038
77,520
1,694
40,797
10,262
336,959
758,250
187,740
16,742
53, UO
47,293
726,202
124,798,953
5,218,206
1,511,555
441,969
1,435,302
15,613,095
7,394,590
1,386,459
100,890
3,024,215
1,030,824
162,956,058
635,138
243,735
331,192
101,036
266,667
161,373,205
84,195
23,021
16,275
1,439
3,066
16,451
17,638
69,061
5,602
35,417
9,965
292,130
763,734
189,353
19,501
72,716
46,104
125,814,826
4,939,627
1,279,044
293,103
1,307,280
18,029,409
3,043,862
2,455,675
106, 571
2,572,772
748,276
165,590,445
646,141
166,030
235,344
82,481
236,092
1,416,588
164,173,861
66, 576
31,273
14,406
1,315
7,287
19,360
20,163
43,987
4,607
26,650
6,814
242,438
644,436
149,679
12,725
66,844
26,599
900,233
657,847
114,736,671
4,278,371
1,115,258
226,330
1,227,282
16,370,491
3,231,785
2,410,102
97, 121
2,201,090
645,294
151,539,795
519,098
152,156
279, 314
67,003
226,940
150,295,275
67,076
16,819
10,156
502
3,399
10,073
16,797
42,195
4,013
26,579
4,332
201,946
519,312
143,121
18,281
56,080
23,345
761,139
99,144,074
3,670,587
1,064,219
231,309
1,106,134
16,004,322
8,083,097
3,296,217
121,384
1,903,726
749,093
U5, 374, 162
442,906
108,554
233,156
67,271
192, 270
1,044,157
29,585
3,270
2,843
825
1,529
7,005
2,558
22,344
1,295
8,668
1,997
81,919
248, 514
29,254
16,974
25,131
9,251
247,206
91,658,219
3,906,025
194,685
945,594
12,572,022
7,195,884
2,275,701
63,922
1,758,131
595,186
121,165,369
350,118
86,503
181,669
69,963
175,992
364,245
41,580
13,625
(')
U,462
12,862
32,332
3,903
13,321
4,872
142,817
290,074
62,445
11,856
57,169
13,745
292,472
^Excludes wages of less than $100 per return from which no income tax was withheld, reported on Form 1040A or W-2 as other income.
^Excludes dividends reported on Form 1040A or W-2, and for 1945-53 dividends received through partnerships and fiduciaries.
^Excludes interest of less than $100 per return reported on Form 1040A or W-2.
Includes wages not subject to income tax withholding, dividends, and interest, not exceeding $100 per return, reported in one sum as other income on Form 1040A or W-2.
'Not available prior to 1951.
^Sample variability of this item is too large to warrant showing it separately. However, this value is included in each total.
82
INDIVIDUAL INCOME TAX KbTUKNS J:''UK 1945-1954
Table 20.— SELECTED SOURCES OF INCOME UV ADJUSTED GROSS INCOME CLASSES, 1945-1954
Adjusted gross
SALARIES, WAGES, CGiaaSSIONS'
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,000
$1,00C under $1,500^
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $6,000
$4,000 under $5,000^
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns with no adjusted gross income...
Grand total
DIVIDENDS'
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,000
$1,000 under $1,500^
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $-4,000
$4,000 under $5,000'
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns with no adjusted gross income...
Grand total
INTEREST RECEIVED'
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,000
$1,000 under $1,500^
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000'
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns with no adjusted gross income...
Grand total
See footnotes at end of table .
( Thousand Hollara)
1,137,682
1,953,083
4,433,831
5,873,995
8,119,136
10,641,552
28,790,162
32,468,575
72,550,811
9,319,192
3,033,117
2,933,567
2,270,315
1,553,470
375, 500
120,346
142,322
17,062
6,108
185,794,926
157,697
185,952,623
10,178
36,901
65,505
95,448
93,973
94,609
200,461
243,493
946,788
721,459
520,773
780,502
868,526
1,008,076
420,263
200,724
376,622
143,601
202,998
7,030,900
16,966
21,955
53,966
94,934
107,508
106,019
92,588
176,014
186,123
544,444
254,104
149,775
176,403
173,144
128,428
38,203
13,916
21,099
5,441
5,851
2,349,915
20,315
1,208,770
1,974,738
4,587,925
6,267,596
8,470,037
10,956,687
29,243,923
32,721,872
73,196,798
9,062,659
2,970,569
2,714,536
2,272,934
1,383,787
\ 430,495
124,054
16,289
4,193
187,607,862
126,058
137,733,920
16,520
45,296
91,647
104,656
103,491
109,970
194,240
202,211
923,150
603,683
429,583
613,459
719,058
730,003
259,377
98,413
118,724
5,804,993
23,286
21,171
58,011
89,031
94,303
85,395
83,890
167,893
153,417
463,900
210,473
127,417
150,275
143,019
103,112
42,148
18,497
4,969
4,948
2,021,869
20,780
1,197,251
1,964,031
4,763,672
6,761,372
9,147,821
11,757,228
30,554,952
31,342,772
60,361,693
7,172,156
2,590,932
2,435,160
2,102,804
1,415,540
140,748
17,596
4,439
174,193,394
145,638
174,339,032
18,236
42,567
68,815
89,248
90,694
101,725
196,131
199,570
845,370
592,188
417,070
593, 180
729,432
802,253
312,377
100,881
132,139
5,834,215
25,409
19,615
48,018
81,132
84,774
82,537
75,986
128,429
138,933
397, 137
184,467
116,168
147,089
137,266
105,893
21,114
3,994
4,897
1,822,337
24,562
1,146,950
2,154,234
4,765,216
7,062,581
9,758,253
12,474,191
31,270,695
29,561,094
47,621,929
5,626,778
2,308,530
2,443,317
2,020,299
1,421,555
( 372,495
I 139,834
160,592
24,074
4,077
160,336,699
144,993
160,481,697
11,126
39,969
71,780
88,011
95,036
102,454
199,416
229,364
853,185
551,141
404,406
604,679
735,213
841,279
359,342
199,297
364,894
130,601
149,702
6,030,895
25,120
17,963
45,531
71,327
76,550
74,709
71,350
131,610
128,569
358,724
165,038
102,492
127,927
129,189
105,539
31,971
14,334
20,710
5,124
5,358
1,093,015
2,247,748
5,003,951
7,866,925
10,830,063
13,996,835
30,717,185
23,861,823
31,515,233
4,175,514
1,855,309
2,053,211
1,768,317
1,256,903
330,615
133,105
164,845
27,827
7,693
138,956,127
116,998
139,073,125
13,255
44,003
83,102
38,256
93,956
101,619
207,767
227,541
780, 146
525,708
398,190
602,621
758,936
866,875
386,392
205,692
408,322
158,822
179,203
6,130,906
26,793
19,571
44,154
74,529
77,866
68,066
66,922
119,396
126, 364
318,921
145,219
92,049
122,404
126,715
98,683
31,302
14,514
23,040
7,035
6,148
1,114,198
2,288,944
5,357,515
8,253,360
11,740,607
14,578,344
28,413,731
i9, 170,123
23,996,697
3,593,899
1,663,462
1,742,438
1,438,038
964,043
248,736
93,689
112,328
13,066
5,729
124,798,953
84,195
124,383,148
16,387
55,742
90,554
108,496
128,090
119,276
261,941
226,052
732,138
446,940
334,989
485,815
591,314
671,926
282,804
156,844
289,075
110,833
108,943
5,218,206
28,021
16,964
53,510
83,989
91,703
79,073
71,703
135,397
127,540
303,637
123,606
81,961
100,995
99,397
78,621
25,386
11,679
15,370
5,106
5,415
1,511,555
16,275
826,510
2,635,294
5,115,343
8,689,482
12,295,300
14,986,787
29,124,813
19,849,534
22,430,789
3,408,527
1,656,210
1,740,103
1,487,639
1,036,658
261,642
110,022
114,897
18,247
7,033
125,814,826
66, 576
125,881,402
9,967
52,192
77,767
85,121
90,802
86,675
183,714
187,515
643,704
428,719
322,247
470,908
601,495
697,785
315,007
169,879
300,382
102,760
112,999
4,939,627
31,273
11,179
49,095
65,681
59,229
60,162
53,935
112,523
95,717
244,735
113,620
76,060
93,092
94,149
78,294
25,220
12,301
17,353
5,493
6,215
1,279,044
14,406
1,037,379
3,276,375
6,503,166
11,080,052
15,017,923
16,744,993
27,869,323
14,498,899
11,454,941
2,438,346
1,335,786
1,380,574
1,089,868
695,377
169,356
62,296
68,106
8,772
3,140
114,736,671
67,076
114,803,747
13,837
61,798
92,637
96,006
105,857
105,762
207,702
175,112
615,424
403,488
307,659
421,074
479,275
510,842
202,748
117,895
199,634
77,499
84,071
4,278,371
16,819
13,041
53,537
63, 533
64,019
62,898
60,552
99,829
72,382
201,061
100,902
66,414
76,771
73,091
58,062
17,709
8,477
12,653
4,107
6,161
1,115,258
10,156
1,164,941
3,738,859
7,629,891
11,999,384
14,674,070
14,458,092
20,707,132
9,793,932
8,667,136
2,057,229
1,131,172
1,210,667
955,150
630,800
148,021
53,200
61,620
10,648
2,031
99,144,074
29,585
99,173,659
8,535
59,667
81,931
89,860
95,006
103,472
178,881
174,753
545,815
352,637
257,682
356,406
393,093
420,466
168,684
84,603
162,371
72,273
59,255
3,670,587
3,270
3,313
44,087
55,947
59,111
59,121
57,108
97,259
66,734
138,060
96,714
64,469
79,432
73,277
60,866
19,906
3,039
12,709
6,420
6,041
1,064,219
2,843
1,067,062
(Reported
> with
dividends)
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
83
Table 20.— SELECTED SOURCES OF INCOME BY ADJUSTED GROSS INCOME CLASSES, 1945-1954— Continuod
Adjusted gross income classes
BUSINESS PROFIT
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,00C
$1,000 under $1,500^
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$';,000 under $5,000^
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns with no adjusted gross income
Grand total
PARTNERSHIP PROFIT
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,000
$1,000 under $1,500'
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000
$3,000 under $4,000
$4,000 under $5,000^
$5,000 under $10,000
$10,000 under $15,000
$15,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $150,000
$150,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 or more
Total
Returns with no adjusted gross income
Grand total
RENTS AND ROYALTIES NET INCOME
Returns with adjusted gross income:
Under $500
$500 under $1,000
Under $600
$600 under $1,000
$1,000 under $1,500^
$1,500 under $2,000
$2,000 under $2,500
$2,500 under $3,000..
$3,000 under $4,000. .
$4,000 under $5,000'.
$5,000 under $10,000.
$10,000 under $15,000..
$15,000 under $20,000..
$20,000 under $30,000..
$30,000 under $50,000..
$50,000 under $100,000.
$100,000 under $150,000...
$150,000 under $200,000...
$200,000 under $500,000...
$500,000 under $1,000,000.
$1,000,000 or more
Total
Returns with no adjusted gross income.
Grand total
(Thousand dot lor %}
HO, 3m
351,725
727,315
874,895
982,191
1,068,887
2,030,897
1,659,320
4,587,587
2,214,822
1,326,095
1,447,476
1,103,339
546,550
97,073
25,205
25,587
4,815
3,893
19,218,571
16,041
15,958
42,612
78,154
109,592
139,110
195,356
499,378
524,379
1,918,999
1,188,504
795,926
1,106,191
1,085,314
845,897
226,849
76,267
97,570
18,696
9,141
9,004,043
41,127
104,290
188,819
187,277
179, 552
159,779
257,957
279,887
826,065
331,573
189,840
243,355
225,645
168,164
54,837
16,968
23,660
7,544
11,577
3,497,917
38,375
3,536,292
122,992
314,182
669,833
899,563
990,469
1,117,768
2,161,646
1,738,647
4,437,881
2,073,531
1,244,881
1,290,636
965,832
472,823
28,707
3,950
3,622
18,646,959
30,740
28,178
41,165
122,912
136,585
191,775
189,498
468,679
543,540
1,907,899
1,114,341
786,303
1,071,845
1,019,460
754,121
287,404
83,977
7,504
9,238
45,824
124,392
222,799
202,593
177,305
156,324
326,818
286,877
825,030
334,700
207,280
226,338
218,637
157,403
55,024
22,779
7,812
7,638
3,605,573
53,693
105,506
300,727
672,572
922,504
995,599
1,137,327
1,994,450
1,608,172
4,087,451
1,952,696
1,207,256
1,338,082
1,105,699
563,419
37,901
8,703
4,537
18,180,679
14,314
19,096
30,079
99,112
122,307
167,412
208,154
481,853
523,664
1,897,693
1,118,743
794,807
995,687
1,078,931
824,082
94,503
12,179
6,737
1,799,142
34,656
50,957
126,348
205,770
180,549
193,229
164,104
298,717
309,033
703,866
305,642
182,740
220,726
205,145
165,823
30,245
9,747
9,457
3,432,513
56,583
3,489,096
110,282
295,738
728,071
963,095
1,143,414
1,199,742
2,137,886
1,643,200
3,845,706
1,845,160
1,111,531
1,252,849
1,030,518
592,568
120,833
45,980
49,098
10, 149
5,593
18,131,463
31,073
16,706
48,311
96,867
160,234
200,335
262,254
588,258
519,093
1,737,359
1,051,772
705,792
980,999
1,075,101
860, 375
263,131
120,821
130,461
22,340
11,971
,852,180
18,865
48,165
122,690
188,913
184,474
163,802
178,832
286,648
269,209
725,908
275,666
164,292
203,403
201,880
157,566
49,728
24,002
38,128
10,807
5,835
3,299,948
53,415
3,353,363
114,250
324,004
760,470
1,028,688
1,112,835
1,148,598
1,987,815
1,512,663
3,433,953
1,672,108
930,517
1,124,333
915,644
518,650
108,929
45,033
42,470
10,005
5,684
16,846,649
16,785
21,497
60,550
141,159
194,078
258,331
296,255
590,004
533,728
.,671,464
979,046
655,394
928,450
945,936
790, 584
232,332
104,599
120, 174
20,875
9,513
,554,469
21,038
8,575,507
50,527
123,492
193,824
191,576
192,632
168,665
298,103
274,183
634,310
266, 130
157,472
191,722
136,746
143,211
46,093
20,212
31,614
8,065
5,028
3,183,655
40,797
3,224,452
142,904
385,642
875,216
1,108,237
1,177,748
1,183,369
1,873,273
1,467,623
3,208,082
1,401,008
803,714
873,342
646,875
336,899
62,852
24,904
27,131
6,919
7,352
15,613,095
16,451
29,511
78,898
184,555
247,548
289,089
301,493
631,215
568,877
1,605,933
908,351
588,482
778,884
772,636
596,882
158,266
66,021
69,628
12,524
5,795
7,894,590
17,638
7,912,228
57,607
141,386
210,344
196,083
179,564
175,012
321,801
271,163
565,413
239,904
141,043
164,552
156,417
115,131
36,687
18,466
24,432
6,563
2,651
3,024,215
35,417
76,949
431,734
863,773
1,191,803
1,242,922
1,285,909
2,113,114
1,676,585
3,824,338
1,752,694
998,677
1,065,369
809,288
471,907
97,849
39,342
43,201
7,665
9,802
13,029,409
19,360
8,618
61,416
116,436
178,756
217,559
272,664
502,040
531,716
,596,027
970,018
676,680
855,453
871,434
768,871
212,467
82,028
97,443
18,455
5,782
,043,862
20,163
8,064,025
30,184
123,187
153,703
152,144
146,120
133,420
264,848
202,593
480,429
212,988
135,127
159,037
152,596
121,802
41,248
18,526
23,793
10,975
5,050
2,572,772
26, 650
2,599,422
95,729
469,456
927,023
1,156,495
1,297,021
1,223,001
2,056,996
1,561,828
3,553,866
1,480,375
790,126
789,329
562,105
294,896
55,609
18,237
25,951
6,757
5,684
16,370,491
10, 078
14,828
75,237
157,358
246,243
325,522
363,194
701,011
526,409
1,651,083
1,000,096
678,497
839,632
733,330
590,699
145,297
52,200
57,732
13,859
4,555
8,231,785
16,797
8,248,582
43,155
127,450
144,671
147,834
151,639
142,594
258,636
178,584
392,360
175,005
100,992
113,786
98,054
75,248
20,541
7,725
15,739
4,042
2,035
2,201,090
25,579
2,227,669
93,703
522,234
962,166
1,198,703
1,270,771
1,210,883
1,974,603
1,425,547
3,292,959
1,408,127
786,973
812,440
592,011
331,981
66,553
21,588
25,239
2,275
4,569
16,004,322
7,005
9,883
57,430
112,106
185,085
234,725
299,286
546,468
457,915
1,499,254
1,022,357
736,388
916,083
919,140
735,452
175,976
73,504
78,034
14,394
8,605
8,083,097
2,558
8,085,655
29,500
113,590
135,545
135,913
135,626
142,956
220,856
148,711
323, 549
149,281
87,128
97,968
81,982
61,925
15,717
6,917
12,333
1,674
2,548
1,903,726
8,658
1,912,394
104,131
537,936
891,498
969,473
959,734
895,152
1,427,700
1,000,881
2,456,694
1,105,146
542,021
559,595
483,745
296,036
68,579
30,043
32,631
6,327
4,700
12,572,022
11,462
9,765
57,731
125,003
162,895
193,565
232,466
416,415
369,608
,315,963
864,155
539,952
827,912
351,198
715,221
197,847
73,969
92,958
24,013
3,148
7,195,884
12,852
37,485
126,913
144,965
128,525
127,946
125,403
208,136
131,424
290,757
123,609
75,518
81,306
68,285
50,391
15,063
6,962
10,986
1,257
2,195
1,753,131
13,321
1,771,452
Excludes wages of less than $100 per return from which no income tax was withheld, reported on Form 1040A or W-2 as other income.
For 1945, this class includes nontaxable returns with income exceeding the class limit.
For 1946-52, this class includes nontaxable returns with income exceeding the class limit.
'■Excludes dividends reported on Form 1040A or W-2, and for 1945-53 dividends received through partnerships and fiduciaries. For 1945, includes interest reported on Form 1040.
'Excludes interest of less than $100 per return reported on Form 1040A or W-2.
84
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
Table 21.— ITEMIZED DEDUCTIONS BV TYPE, 1945-1954
Itemized dedactions
1954
1953
1952
1951
1950
1949
1948
1947
1946
1945
(Thouiand dotUra)
Returns with adjusted gross income:
3,201,287
4,076,630
3,891,173
2,971,172
87,960
444,245
2,730,760
2,735,359
3,639,153
3,552,448
2,391,339
392,6a
2,878,234
2,221,353
3,167,778
3,114,739
2,133,130
367,517
2,552,035
( (Not
(available)
1,494,928
2,199,940
2,258,009
1 1,556,294
306,572
2,097,950
1,224,004
1,952,731
2,029,550
1,482,699
227,596
1,337,156
1,000,439
1,619,370
1,878,080
1,300,516
241,569
1,817,912
913,922
1,625,601
1,969,641
1,394,818
250,426
1,633,553
738,364
1,324,609
1,633,151
1,093,326
178,096
1,300,137
694,782
1,245,603
1,448,208
932,956
-
Losses from fire, stoniij other casualty, or
152,476
1,051,477
Total
17,403,227
15,589,177
13,556,552
11,856,378
9,913,693
8,753,738
7,857,838
7,787,962
6,277,683
5,525,492
3,255
8,732
1,374
•4,276
(M
(M
507
4,117
3,289
4,169
5,873
(M
(M
6,123
7,918
1,744
5,104
5,905
( (Not
(available)
/ 4,084
1 5,376
\ 2,333
1 4,164
I 1,228
\ 2,021
5,244
3,186
2,244
5,111
1,350
3,734
3,292
8,208
2,651
3,711
2,443
10,843
4,236
5,954
3,939
3,307
3,4-49
4,746
662
1,846
831
1,405
1,247
6,025
2,093
3,777
1,803
2,820
-
Losses from fire, stomi, other casualty, or
797
1,748
Total
18,953
25,416
26,799
26,456
19,203
25,871
31,153
25,682
12,015
13,044
17,422,180
15,614,595
13,583,351
11,882,834
9,932,896
8,779,609
7,889,041
7,813,644
6,289,698
5,538,536
^Sample varability of this item is too large to warrant showing it separately. However, this value is included in each total.
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
85
Table 22.— RETURNS WITH ADJUSTED GROSS INCOME— NUMBER. ADJUSTED GROSS INCOME. AND INCOME TAX, BY STATES AND TERRITORIES. 1945-1954
States and Territories
NUMBER OF HETUHNS
Alabaica
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida^
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentuct^
Louisiana
Maine
Maryland^
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New lork'
North Carol ina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington'
West Virginia
Wisconsin
Wyoming
Total
ADJUSTED GROSS INCOME
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida'
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland^
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New Yort'
North Carolina
North Dakota
Ohio
See footnotes at end of table.
713,389
279,907
390,897
<, 733, 521
522,393
919,793
1.10,208
346,729
1,093,433
886,480
196,816
199,676
3,664,301
1,528,812
949,318
733,946
797,181
726,310
337,301
1,084,152
1,946,708
2,631,029
1,109,306
336,270
1,443,093
218,442
497,166
89,406
215,998
2,140,475
211,876
6,347,819
1,102,039
200,647
3,218,821
663,978
578,796
4,115,703
21,325
317,935
518,343
224,952
908,671
2,536,573
247,331
128,901
1,105,919
982,470
568,245
1,324,829
108,252
56,305,881
731,401
269,193
399,806
4,640,312
527,275
932,475
142,296
358,314
1,051,866
920,035
200,739
200,197
3,780,956
1,582,879
960,696
74^,285
823,859
745,188
341,047
1,220,258
2,013,356
2,706,164
1,136,124
345,964
1,467,128
221,685
501,474
84,721
222,857
2,191,420
211,922
6,510,765
1,099,125
201,670
3,365,384
674,504
582,873
4,261,351
(')
333,802
525,688
220,008
928 , 575
2,492,889
243,910
133,947
1,100,376
994,502
607,584
1,353,327
111,093
57,422,765
710,102
263,008
384,317
4,598,269
509,876
903,371
139,153
397,855
979,277
884,131
198,799
204,223
3,702,881
1,560,771
956,125
735,424
800,819
706,734
341,265
1,240,098
2,010,392
2,550,755
1,114,900
331,583
1,432,531
219,313
502,089
82,165
216,777
2,117,199
204,076
6,435,701
1,067,239
211,000
3,254,058
652,877
586,167
4,217,689
(*)
331,571
514,812
221,491
873,469
2,454,639
249,544
132,687
1,082,020
979,781
610,803
1,335,781
106,711
56,316,869
706,228
235,389
366,990
4,290,151
501,563
896,247
134,674
371,578
904,277
844,144
189,836
199,127
3,711,052
1,521,399
953,011
709,666
781,023
674,174
328,614
1,309,272
1,965,876
2,555,269
1,082,642
320,712
1,398,118
213,104
502,962
69,903
216,956
2,089,995
194,157
6,299,130
1,034,528
203,780
3,207,570
675,187
574,454
4,180,537
{')
335,221
490,804
222,991
856,721
2,374,600
241,693
131,591
1,001,078
953,480
589,091
1,319,702
106,318
55,041,685
634,960
214,002
344,316
4,078,066
471,209
870,345
128,079
373,762
822,036
770,782
179,871
191,116
3,593,433
1,464,200
938,132
669,904
715,431
637,844
320,488
1,152,059
1,931,414
2,477,041
1,076,359
291,822
1,345,958
208,597
478,657
65,544
210,103
2,003,440
179,164
6,123,930
953,858
198,529
3,065,256
606,613
552,769
4,060,469
(')
327,753
452,555
215,239
804,601
2,237,638
225,356
125,495
956,580
910,934
599,684
1,285,947
101,191
52,664,631
610,931
203,174
326,192
3,998,611
459,267
326,426
120,793
396,604
770,284
725,497
182,803
187,650
3,619,255
1,409,222
954,663
654,528
679,542
623,020
322,300
1,104,545
1,902,361
2,333,558
1,054,193
282,472
1,358,024
210,026
475,954
61,605
201,461
1,941,010
175,767
6,106,261
906,710
217,305
2,977,078
500,921
541,639
3,974,815
(')
321,003
423,338
214,937
771,083
2,124,368
216,304
127,061
917,380
906,292
596,393
1,267,743
101,625
51,499,609
616,539
206,128
304,152
4,060,087
440,969
871,497
122,255
339,450
749,657
741,220
182,227
190,204
3,690,962
1,441,605
923,294
645,843
713,550
619,475
336,902
958,698
1,947,309
2,410,194
1,066,112
281,508
1,287,540
210,143
466,438
63,581
211,073
1,993,768
155,756
6,203,398
901,457
198,521
3,090,503
577,105
557,588
4,073,136
(')
331,699
424,012
212,645
769,354
2,037,366
221,326
131,103
905,559
902,157
618,189
1,285,103
99,279
51,788,146
643,182
215,398
330,597
4,536,857
491,025
924,812
126,584
431,551
773,670
752,365
205,054
208,128
3,871,396
1,489,451
948,755
677,835
726,498
653,422
344,861
950,502
2,040,169
2,707,237
1,113,143
293,530
1,395,876
213,085
503,212
72,909
220,524
2,061,055
154,001
6,537,319
918,643
201,455
3,213,254
625,253
616,911
4,193,136
(')
342,760
454,974
213,445
795,462
2,243,691
232,765
133,032
918,801
1,018,941
611,357
1,332,645
96,535
54,809,740
609,799
201,375
317,400
4,382,029
439,460
904,255
122,107
418,468
721,943
753,773
191,218
192,884
3,711,832
1,425,205
916,945
637,397
670,579
639,996
326,599
913,281
1,998,784
2,444,609
1,080,195
288,542
1,342,278
203,050
453,480
71,079
214,420
2,023,646
145,943
5,343,055
910,445
188,034
3,106,666
593,569
553,967
4,127,644
(')
339,075
402,279
195,414
755,103
2,111,121
224,578
131,297
861,239
997,732
573,963
1,279,962
90,191
52,579,956
(Thousand dollars)
2,445,188
1,133,078
1,221,340
22,023,493
2,137,817
4,330,913
559,777
1,474,718
4,069,109
3,149,890
719,347
750,695
16,597,198
5,103,459
3,276,360
2,748,186
2,772,582
2,800,016
1,031,944
4,531,032
7,553,935
12,194,265
4,077,055
1,076,518
5,494,835
840,252
1,656,113
410,893
750,875
9,626,661
804,415
23,907,625
3,591,944
552,491
13,985,208
2,451,310
1,065,139
1,178,792
20,861,528
2,072,905
4,275,315
591,070
1,488,832
3,807,180
3,080,357
705,874
676,761
16,558,187
6,309,457
3,282,905
2,687,459
2,783,890
2,731,283
1,066,856
4,323,309
7,309,602
12,619,118
4,010,779
1,058,530
5,539,955
811,541
1,703,596
358,385
750,947
9,623,391
805,671
28,338,061
3,503,692
581,462
14,793,481
2,287,310
1,028,023
1,064,449
20,100,403
1,924,615
3,901,967
652,433
1,666,677
3,447,667
3,040,741
662,698
685,693
15,797,279
5,855,932
3,098,004
2,556,368
2,625,929
2,515,010
1,036,442
4,716,487
7,494,638
10,347,852
3,911,846
1,012,679
5,181,397
784,291
1,636,387
365,899
553,649
8,855,507
792,097
25,946,431
3,358,545
591,704
13,298,984
2,247,438
853,869
1,075,003
17,781,044
1,800,684
3,656,371
603,774
1,455,473
3,058,460
2,670,353
653,248
669,047
15,291,223
5,542,162
3,057,144
2,372,300
2,389,552
2,307,393
924,022
4,523,162
6,382,364
10,414,660
3,608,219
954,077
4,839,219
772,597
1,648,425
277,413
657,231
8,256,719
696,934
25,421,567
3,150,874
617,192
12,579,855
1,836,199
747,769
948,913
15,558,376
1,609,065
3,219,023
545,893
1,413,048
2,594,907
2,303,074
583,615
580,309
13,469,090
4,815,972
2,887,395
2,075,564
2,116,509
2,079,747
847,446
3,817,212
6,309,165
9,204,619
3,429,054
820,156
4,346,393
694,052
1,474,351
257,323
578,200
7,307,069
620,901
22,977,515
2,759,007
549,467
10,711,935
1,634,742
642,640
859,742
13,978,169
1,454,809
2,651,537
448,332
1,376,898
2,263,498
2,064,459
540,358
529,931
12,510,306
4,374,124
2,735,521
1,888,733
1,829,511
1,895,155
781,219
3,381,243
5,912,113
7,760,425
2,993,559
743,415
4,152,012
629,115
1,356,295
207,747
515,591
6,453,503
531,172
21,202,910
2,335,044
565,172
9,636,409
1,679,746
660,433
308,796
14,307,829
1,333,092
2,901,236
435,791
1,128,555
2,184,806
2,060,766
586,944
519,785
12,959,004
4,364,014
2,736,718
1,948,127
1,934,941
1,841,078
825,415
3,036.471
5,949,383
8,175,360
3,071,555
743,541
3,784,449
664,243
1,402,937
217,275
565,176
5,628,354
472,944
21,437,148
2,359,574
610,211
10,095,554
1,523,984
564,075
758,538
13,248,199
1,285,356
2,683,657
402,502
1,276,150
1,979,727
1,834,569
585,771
486,531
11,839,400
3,970,315
2,573,459
1,829,340
1,754,365
1,662,1%
746,701
2,694,318
5,324,044
7,330,259
2,936,738
673,561
3,502,099
593,857
1,348,932
229,985
505,288
6,036,480
391,122
20,015,459
2,098,719
545,809
9,053,107
1,322,550
490,704
671,122
12,420,324
1,052,470
2,409,751
369,825
1,153,335
1,925,713
1,794,224
477,568
443,330
10,314,057
3,459,564
2,153,414
1,502,964
1,453,125
1,485,555
670,226
2,412,911
5,008,564
6,332,542
2,448,952
602,284
3,217,094
490,014
1,133,081
212,170
457,343
5,523,596
343,841
18,577,158
1,945,057
437,914
7,994,633
605,871
184,246
310,517
4,083,251
403,785
837,399
107,709
386,412
690,505
751,585
190,431
180,678
3,471,774
1,333,572
837,040
638,076
635,437
635,453
311,807
873,857
1,858,647
2,273,787
992,060
298,510
1,308,035
185,907
460,076
65,174
194,999
1,981,047
140,033
6,063,750
842,833
175,955
2,953,543
571,7%
518,109
3,872,854
(')
315,963
400,838
192,316
695,825
1,983,628
214,841
113,448
817,140
959,567
545,803
1,209,941
82,206
49,769,196
1,210,859
426,052
592,339
10,989,863
949,265
2,178,897
299,012
993,047
1,559,373
1,546,107
522,070
376,559
9,026,694
3,160,005
1,775,146
1,348,436
1,294,558
1,350,598
618,253
2,148,457
4,594,761
5,748,698
2,145,778
570,858
2,820,759
409,214
980,087
177,485
392,882
5,225,042
294,776
16,816,795
1,623,637
350,539
7,287,283
INDIVIDUAL INCOME TAX RETURNS FOR 1945-1954
Table 22.— RETURNS WITH ADJUSTED GROSS INCOME— NUMBRR, ADJUSTED GROSS INCOME, AND INCOME TAX, BY STATES AND TERRITORIES. 1945-lflS4— Continued
States and Territories
(Thousand dollars)
ADJUSTED GROSS INCCME— Continued
Oklahoma
Oregon
Pennsylvania.
Puerto Rico. .
Rhode Island .
South Carolina.
South Dakota . . .
Tennessee
Texas
Utah
Vermont
Virginia
Washington' .. .
West Virginia.
Wisconsin
%oroing
Total .
INCOME TAX LIABILITY {AFTER CREDITS)
Alabama ....
Arizona
Arkansas . . .
California.
Colorado . . .
Connecticut
Delaware
District of Columbia .
Florida^
Georgia
Hawaii . . .
Idaho. . . .
Illinois.
Indiana. .
Iowa
Kansas ....
Kentucky . .
Louisiana.
Maine
Maryland^ .
Massachusetts.
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire .
New Jersey. . . .
New Mexico
New York^
North Carolina.
North Dakota. . .
Ohio
Oklahoma
Oregon
Pennsylvania .
Puerto Rico. .
Rhode Island .
South Carolina.
South Dakota. . .
Tennessee
Texas
Utah
Vermont
Virginia
Washington' . . .
West Virginia.
Wisconsin
Wyoming
Total 26,707,201
2,i40,907
2,426,682
2,259,852
2,209,293
1,925,065
1,713,487
1,719,212
1,529,733
1,336,871
1,211,284
2,427,856
2,290,259
2,316,087
2,228,677
2,004,399
1,781,983
1,835,879
1,664,988
1,454,319
1,314,582
16,167,247
16,851,700
15,877,555
15,140,296
13,420,151
12,094,363
12,656,320
11,303,195
10,074,916
9,137,829
54,759
(')
(')
(')
(')
(')
C)
C)
C)
(')
1,145,238
1,213,827
1,183,436
1,130,209
1,055,155
902,320
1,025,377
919,538
824,923
742,535
1,697,197
1,739,783
1,714,230
1,500,042
1,306,858
1,114,879
1,056,583
1,023,441
872,048
765,464
653,976
631,981
600,477
626,089
557,863
540,617
596,537
545,223
437,344
347,498
3,115,501
3,121,764
2,828,368
2,690,510
2,376,817
2,155,940
2,041,261
1,865,052
1,675,853
1,413,075
10,248,638
9,636,925
9,297,753
3,793,470
7,374,215
6,863,925
6,482,687
5,850,745
5,131,712
4,492,619
916,952
930,959
909,692
347,179
712,171
630,231
653,441
601,185
518,138
474,067
395,251
381,610
387,605
384,539
352,663
307,216
331,730
292,559
257,371
214,858
4,040,840
3,889,100
3,721,293
3,271,159
2,927,108
2,606,750
2,568,408
2,271,229
1,943,521
1,709,765
4,263,326
4,140,917
3,963,940
3,789,088
3,254,719
2,949,863
2,970,439
2,304,714
2,495,347
2,329,276
1,909,683
2,063,685
2,065,157
1,837,849
1,727,911
1,620,262
1,730,239
1,539,024
1,254,981
1,143,302
5,008,957
5,163,817
4,985,584
4,706,494
4,116,769
3,764,343
3,802,274
3,392,629
3,003,996
2,713,434
405,817
437,277
412,350
399,292
353,090
327,103
320,222
281,391
226,444
198,750
230,401,432
229,952,507
216,939,912
203,338,874
180,064,994
162,209,696
164,272,520
150,326,429
134,232,475
120,183,733
223,474
250,142
231,192
211,212
148,496
116,224
121,400
147,328
129,357
134,976
122,154
123,797
128,313
97,987
74,310
50,452
55,947
59,622
51,344
55,000
112,351
109,740
100,262
95,093
74,320
57,636
63,875
72,768
68,731
63,215
2,712,536
2,836,356
2,761,782
2,320,749
1,739,734
1,373,923
1,483,005
1,744,077
1,663,781
1,764,266
242,683
257,037
250,542
209,202
160,012
128,524
124,155
150,660
124,269
131,725
579,527
621,055
593,247
499,452
379,930
267,465
309,598
358,789
317,093
341,245
122,882
128,749
124,124
113,465
110,057
77,209
72,369
73,909
66,368
62,637
198,493
219,126
249,113
205,066
170,054
141,467
124,884
167,712
153,100
158,284
441,261
450,395
408,481
347,360
254,167
138,663
192,187
233,665
252,429
256,002
310,837
322,706
340,067
270,254
192,170
161,959
161,964
203,838
192,335
186,806
73,664
82,129
80,683
72,761
54,964
47,120
57,618
69,937
53,168
84,330
68,057
68,342
77,978
64,198
44,927
39,354
38,408
49,056
41,454
41,483
2,131,725
2,343,043
2,215,931
2,000,619
1,511,346
1,226,823
1,344,871
1,578,607
1,342,554
1,359,845
684,031
792,854
710,958
623,066
449,731
371,821
374,381
446,091
372,151
404,739
324,799
358,389
331,511
304,518
247,277
207,742
216,959
284,944
216,778
209,777
285,953
307,052
306,250
248,399
191,037
155,623
173,592
204,776
156,244
165,636
279,260
305,518
285,662
232,064
178,429
132,687
145,904
178,268
144,358
145,151
301,572
321,701
310,305
254,285
201,705
167,711
170,322
179,684
159,774
171,090
94,161
110,151
110,076
86,170
65,225
56,381
59,554
71,607
64,681
72,621
511,408
595,562
596,218
512,850
367,626
290,284
279,058
314,292
280,951
301,693
861,447
1,014,510
980,446
830,396
650,438
518,417
543,751
639,973
599,115
665,426
1,523,997
1,772,474
1,470, '551
1,287,949
968,137
700,399
752,115
837,662
712,855
804,959
428,629
472,187
457,051
378,824
299,539
238,292
267,983
321,326
257,035
273,639
93,956
97,173
97,146
86,585
66,758
53,677
56,054
66,656
58,709
63,495
636,757
734,844
631,645
581,951
438,202
351,445
347,794
426,254
371,454
378,763
89,707
94,791
90,524
84,505
63,894
51,468
56,269
66,661
52,176
43,520
176,026
194,096
183,130
177,406
135,422
109,937
121,768
154,795
124,482
123,919
55,585
49,767
52,654
39,455
32,262
22,506
25,796
30,688
30,962
30,566
74,769
87,626
72,411
66,059
49,158
38,463
42,075
53,480
46,751
47,393
1,166,222
1,275,118
1,166,757
998,208
742,837
590,326
615,496
720,213
551,721
737,972
82,691
91,501
94,464
77,542
57,740
45,204
40,598
42,088
35,234
34, 3U
3,643,412
3,851,980
3,656,252
3,315,250
2,626,329
2,137,040
2,265,751
2,702,269
2,513,095
2,743,072
304,673
330,854
327,289
283,634
218,691
165,890
177,614
201,703
190,630
131,173
45,446
53,685
53,426
56,000
41,173
37,986
47,331
57,856
39,588
36,705
1,670,881
2,024,999
1,794,080
1,550,625
1,087,976
879,644
949,747
1,079,062
925,025
1,015,220
257,366
276,194
267,793
230,307
180,553
136,048
153,119
154,120
125,451
137,486
270,500
290,606
302,123
273,303
205,952
162,938
179,362
202,580
131,532
193,654
1,871,750
2,185,934
2,055,379
1,797,449
1,344,389
1,073,079
1,145,176
1,340,819
1,143,927
1,275,957
1,230
(')
C)
{')
(')
(*)
(')
(')
(')
(')
133,240
154,676
152,007
138,096
109,031
78,973
101,231
112,729
100,905
103,643
140,929
161,242
177,746
135,665
101,903
75,146
72 , 509
90,511
80,812
78,993
55,392
59,375
56,670
54,347
40,509
36,833
45,329
59,443
40,141
34,301
297,279
332,233
300,640
271,546
210,346
158,539
156,520
194,432
181,932
173,584
1,208,671
1,223,160
1,222,734
1,102,785
882,519
673,383
684,526
721,707
619,742
609,637
83,989
99,119
92,647
75,732
53,033
42,750
43,489
54,193
47,016
51,630
33,979
38,227
37,008
34,380
26,871
21,774
23,562
28,439
22,593
24,229
415,799
443,127
427,054
346,541
253,349
203,112
205,210
240,012
203,099
210,710
500,075
541,342
530,356
472,971
335,349
271,847
290,582
338,268
294,913
328,913
184,974
209,892
219,542
168,267
132,030
109,570
123,794
150,393
112,489
113,312
531,899
631,280
605,472
524,133
. 384,750
303,588
313,340
373,185
317,496
337,027
45,083
51,410
51,524
48,911
34,327
28,461
29,368
32,328
23,996
25,603
26,707,201
29,447,266
27,889,716
24,268,092
18,389,534
14,580,808
15,459,310
18,084,485
16,062,353
17,005,431
^Includes Canal Zone.
^For 1951 and prior years, includes all returns from Puerto Rico and Virgin Islands and for 1952 part of such returns.
^Includes part of the returns from Puerto Rico and Virgin Islands for 1952 and all such returns for 1953.
*See notes 2 and 3.
'includes Alaska.
Synopsis of
Tax Laws for
Individual Income
INCOME AND SELF-EMPLOYMENT TAX LAW TABLES
Income tax : Page
A. Requirement for filing return and exemptions 89
B. Income tax rates 90
Self-employment tax :
C Requirement for filing return and tax rate 91
88
SYNOPSIS OF LAWS
Table A.— REQUIREMENT FOR FILING RETURN AND EXEMPTIONS UNDER THE INDIVIDUAL INCOME TAX LAW, 1946-64'
89
Income
year^
Gross income
requirement
for filing
return-'
Exemptions*
For married
couple filing
joint return^
For single
person, head
of household,
surviving
spouse,' and
married
person filing
a separate
return
For each
dependent "^
Additional*
Federal income tax law
(date of enactment)
For age
65 or
older
For
blind-
ness
Internal Revenue Code of 195-; (Aug. 16, igS-i)
Internal Revenue Code of 1939 amended by-
Revenue Act of 1951 (Oct. 20, 1951)
Revenue Act of 1950 (Sept. 23, 1950)
Revenue Act of 1948 (Apr. 2, 1948)
Revenue Act of 1945 (Nov. 8, 1945)
Individual Income Tax Act of 1944 (May 29, 1944)..
1954
1948-53 . .
1 1945-47..
Dollars
600
600
500
Dollars
1,200
1,200
'1,000
Dollars
600
600
500
Dollars
600
600
i°500
Dollars
600
600
Dollars
600
600
^This table relates only to citizens and resident aliens of the
United States. For income years prior to 1945, see Statistics of
Income for 1950, Part 1, pages 308-309.
^Returns are permitted for fiscal years also except on Form W-2
for 1945-47 or on Form 1040A for 1948 and subsequent years .
^Gross income includes all gains, profits, and income, derived
from whatever source except income that is specifically exempt
from income tax.
The amount of income for which married persons are required to
file a return is the separate gross income of husband or wife.
Husband and wife file separate returns unless they elect to com-
bine their income and file a joint return. A joint return may be
filed even though one spouse has no income. For 1948 and there-
after, a joint return is permitted if one spouse dies during the
year and the survivor does not remarry. A joint return is not
allowed if either spouse is a nonresident alien or if husband and
wife have different tax years. The marital status is determined
as of the last day of the income year or as of the date of death
if one spouse dies during the year.
A person with less than the required amount of gross income,
which includes wages subject to withholding of income tax, should
file a return to claim refund of tax withheld unless such income
is included in a joint return. Also, an individual with less than
the indicated amount of gross income should file to claim refund
of any payments made on declaration of estimated tax.
For filing requirement of Individuals having net earnings of
$400 or more from self-employment after Dec . 31, 1950, see table C .
*Exemption for the taxpayer and additional exemptions for age
and blindness are determined from the marital status at the close
of the year (or at death of a spouse), but exemption for dependents
is determined from tests regarding gross income, support, and other
qualifications. No proration of exemption is required because of
death during the year of a taxpayer, his spouse, or a dependent.
Exemptions are termed "normal-tax exemption" and "surtax exemp-
tion" for 1945 and "exemption" for 1946 and thereafter.
Exemptions are allowed as a credit against net income for both
normal tax and surtax prior to 1954, except as stated in notes 9
and 10 for the year 1945. For 1954, exemptions are allowed as a
deduction in computing taxable income ,
'a citizen whose gross income is principally from sources with-
in a possession of the United States, even though filing a joint
return, is allowed only one exemption of $500 for 1945-47 and $600
for 1948 and thereafter.
'Head of household status applicable for tax years beginning
after Oct. 31,1951 and surviving spouse status applicable for tax
years beginning after Dec. 31, 1953.
''An exemption for a dependent is allowed each closely related
dependent specified by law, over half of whose support was received
from the taxpayer and whose gross income for the tax year was less
than $500 for 1945-50, or less than $600 for 1951-53.
For 1954, exemption is allowed for a dependent over half of whose
support was provided by the taxpayer and whose gross income was less
than $600, except that the gross income test is disregarded in the
case of a child who is under 19 years or who was a student. If
the dependency tests are otherwise met, certain specified related
dependents may live outside the taxpayer's household, but any other
dependent must live in the taxpayer's home. An exception to the
support test for a dependent is made under the multiple support
agreement provision.
Dependents must be either a citizen of the United States or a
resident of the United States, Mexico, Canada, or for 1954 a resi-
dent of Panama or Canal Zone, or a resident of the Republic of the
Phillipines who was born to or adopted by a serviceman before
July 5, 1946.
Credit for dependent is not allowable to citizens whose gross
income is principally from sources within a possession of the
United States .
^Additional exemptions are allowed only to the taxpayer and, if
a joint return is filed, his spouse.
'Each spouse is allowed $500 "surtax exemption" and $500 "normal-
tax exemption," except that for 1945 where the adjusted gross in-
come of one spouse was less than $500, the combined "normal-tax
exemption" was the sum of the adjusted gross income of such spouse
and the $500 exemption of the other spouse.
"^Exemption for each dependent is a "surtax exemption" for 1945
and allowed against net income for surtax purposes only.
90
SYNOPSIS OF LAWS
Table
B.— MINIMUM AND MAXIMUM INCOME TAX RATES UNDER INDIVIDUAL INCOME TAX LAW, 1945-54'
Tax rate^
Surtax rate' for —
Combined
tax and
normal
surtax
Lowest bracket of
Highest bracket of
rates^
at —
surtax income, not
over —
surtax income,
over —
(a) $2,000 for
(a) $200,000 for
Maximum
Federal income tax law
Income year^
married person
married person
rate
(date of enactment)
Normal
tax rate*^
filing separately,
filing separately,
Lowest
Highest
limita-
and single person
and single person
bracket
bracket
tioni"
(b) $2,000 for
(b) $300,000 for
head of household*
of surtax of surtax
head of household*
income
income
(c) $4,000 for
(o) $400,000 for
married couple
married couple
filing jointly,'
filing jointly,''
and surviving
and surviving
spouse'
spouse'
Percent
Percent
Percent
Percent
Percent
Percent
Internal Revenue Code of
Calendar year 1954
-
-
-
20.0
91.0
87.0
1954 (Aug. 16, 1954).
Internal Revenue Code of
1939 amended by —
Calendar years 1952-53
)
Revenue Act of 1951
Fiscal years beginning after
Oct. 31, 1951 and ending
3.0
19.2
89.0
22.2
92.0
88.0
(Oct. 20, 1951).
before Jan. 1, 1954.
)
Calendar year 1951
3.0
17.4
88.0
20.4
91.0
87.2
/ Fiscal years beginning after
3.0
17.0
88.0
20.0
91.0
87.0
1 Sept. 30, 1950 and ending
\ before Nov. 1, 1951.
Revenue Act of 1950
( Calendar year 1950
3.0
17.0
88.0
17.4
84.4
80.0
(Sept. 23, 1950).
) Fiscal years ending after
( Dec. 31, 1949 and before
3.0
17.0
88.0
16.6
82.1
77.0
\ Oct. 1, 1950.
Revenue Act of 1948
Calendar years 1948-1949
(Apr. 2, 1948).
Revenue Act of 1945
Calendar years 1946-1947
3.0
17.0
88.0
19.0
86.5
85.5
(Nov. 8, 1945).
Individual Income Tax
Calendar year 1945
3.0
20.0
91.0
23.0
94.0
90.0
Act of 1944 (May 29,
1944) .
^Thls table relates only to rates for citizens and residents of
the United States. It does not cover the optional tax although
the same rates are used to produce the optional tax as are other-
wise used (for 1954 optional tax table, see page 114). For tax
rates prior to 1945, see Statistics of Income for 1950, Part 1,
pages 308-309 and 318-321.
^In case of a change in tax rates during a fiscal year other than
those listed, the total tax is prorated according to the portion
of time in the tax year under each rate .
'For 1946 through calendar year 1950, the normal tax and surtax
rates produced a tentative tax which was subject to reduction as
described in note 9.
On joint returns of married persons for 1945-47, normal tax and
surtax rates were applied to the combined income. For 1948-53,
both rates were applied to one-half of the net income reduced by
one-half of the applicable credits against net income and the re-
sult multiplied by two. For 1954, on joint returns and returns
of surviving spouse, the single combined tax rate is applied to
one-half of the taxable income and the result multiplied by two.
*The normal tax rate applies to normal tax net income which is
net income less the credit for partially tax-exempt interest and
the exemption allowed for normal tax .
^Surtax rates apply to surtax net income which is net income less
the exemptions allowed for surtax.
'Head of household status is applicable for tax years beginning
after Oct. 31, 1951.
''Prior to 1948, the lowest bracket of surtax income for a married
couple filing jointly Is $2,000 and the highest bracket is $200,000.
'Surviving spouse status is applicable for tax years beginning
after Dec. 31, 1953 and ending after Aug. 16, 1954.
'For 1946 through calendar year 1950, the combined rates shown
are after tax reductions and the rates so computed are rounded .
For 1946 and 1947 the tentative normal tax and surtax are reduced
by 5 percent thereof. For tax years beginning after Dec. 31, 1947
and ending before Oct. 1, 1950, the combined tentative normal tax
and surtax is reduced by 17 percent of the first $400, plus 12
percent of the next $99,600, plus 9.75 percent of the excess over
$100,000. For calendar year 1950, the tentative normal tax and
surtax are reduced by 13 percent of the first $400, plus 9 percent
of the next $99,600, plus 7.3 percent of the excess over $100,000.
"^"The combined normal tax and surtax shall not exceed the indi-
cated percent of net income for 1945-53, or taxable income for 1954.
SYNOPSIS OF LAWS
Table C— REQUIREMENT FOR FILING RETURN AND TAX RATE UNDER THE SELF-EMPLOYMENT TAX LAW, 1951-54
91
Federal self-employment tax law
(date of enactment)
Income year^
Self-employment
net earnings^
requirement for
filing return^
Maximum self-
employment
income
Tax rate on self-
employment income
subject to tax'
Internal Revenue Code of igs-i amended by-
Social Security Amendment of 195^ (Sept. 1, 1954)
Internal Revenue Code of 1954 (Aug. 16, 1954)
Internal Revenue Code of 1939 amended by —
Social Security Act Amendment of 1950 (Aug. 28, 1950)
Fiscal years ending
after 1954
1954
1951-53
Dollars
400
400
400
Dollars
4,200
3,600
3,600
Percent
3
3
2 1/4
^Returns are permitted for taxable years other than a calendar
year.
^If net earnings from self-employment are less than $400, they
are disregarded .
For the calendar year 1954 and prior years, net earnings from
self-employment are the gross income derived from trade or business
reduced by allowable deductions attributable thereto, plus shares
of partnership income or loss, but exclude income from services
as a public official, employee, railroad worker, minister, or
member of religious order, and income from farming, certain pro-
fessions, dividends, interest, real estate rentals except those
of dealers, and gain or loss from sales of capital assets or other
property neither inventoriable nor held primarily for business
sales.
For a fiscal year ending in 1955, self-employment earnings were
extended to include income of farmers, architects, accountants,
funeral directors, and professional engineers. Ministers and
members of religious orders who had not taken the vow of poverty,
and Christian Science practitioners may elect coverage as self-
employed persons .
Casualty losses on business property, net operating losses for
other years, and personal exemption are not allowable deductions
for the computation of self-employment earnings in any year.
^A citizen or resident of the United States, or a resident of
Puerto Rico or the Virgin Islands having net earnings from self-
employment of $400 or more is required to file a return.
If husband and wife both have self-employment earnings, each
must report his net earnings independently, even though a joint
return is filed.
'Self-employment income subject to tax is the smaller of (a)
self-employment net earnings, or (b) the maximum self-employment
income indicated in the table reduced by any wages received from
which social security tax was withheld by the employer.
On a joint return where both spouses are self-employed, the tax
rate is applied separately to the amount of self-employment income
subject to tax reported by each spouse.
44SS05 O -57 -7
Facsimiles of
Individual Income
Tax Returns
for 1954
Page
Form 1040: Individual Income Tax Retui-n 95
Schedule C, Business or Profession 115
Schedule D, Sales of Property 119
1040F, Farm Income and Expense 121
Form 1040 A: Individual Income Tax Return 125
94
FACSIMILES OF TAX RETURNS FOR 1954
95
FORM
1040
U. S. Treasury Deportment
Internal Revenue Service
U. S. INDIVIDUAL
IE TAX
or other taxable
year beginning
FOR CALENDAR YEAR 1954
, 1954, and ending
, 195
PLEASE TYPE OR PRINT PLAINLY
Nanne
Home
Address
If this is a joint return of husband and wife, use first names oi both
Street and number or rural route
City, town, or post office; Postal zone number; State
Your Social Security No. and Occupation
Wife's (Husband's) S. S. No. and Occupation
1954
Do not v/rite in these spaces
Serial
No.
(Cashier's Stamp)
Your
exemp-
tions
u
K ■
U
X
(M
i
u
o
Cm
Cm come
o
CO
u
b
o
O
Your
in-
E-
U
K
<
O
<
H
<
How to
figure
the tax
Tax
due or
refund
Li3t your name. If your wife (or husband) had no
income or if this is a joint return, list also her (or his)
name:
Check below if at the end of
ycur taxable year you or
your wife were —
65 or over □
65 or over Q
Blind n
Blind n
On lines A and S below—
If neither 65 nor blind write the figure 1
if either 65 or blind write the hgure 2
If both 65 and blind write the figure 3
Number of exemptions for you . . .
Number of her (or his) exemptions .
B — -.-.-
(Your wife's name — do not list if she is filing a separate return
or if she had income not included in this return) r . u
C. List names of your children ^ ^['^^ number
who qualify as dependents; give
address if different from yours
D. Enter number of exemptions claimed for other individuals listed in Schedule I on page 2 .
E. Enter total number of exemotions claimed in A to D above
children
listed
2. Enter your total wages, salaries, bonuses, commissions, and other compensation received m 1954, bcjore payroll iedudions.
Persons claiming traveling, transportation, or reimbursed expenses, and Outside Salesmen, see instructions.
A. Employer's Name B. Where Employed (City and Slate) C. Total Wages, Etc. D. Income Tax Withheld
3. Less excludable portion received under wage
continuation plans for sickness or injury. (See instructions)
4. Balance (item 2 less item 3)
5. If you received dividends, interest, or any other
income (or loss), give details on page 2 Enter total here ■
6. Adjusted Gross Income (sum of items 4 and 5) . . Enter total here ■
(Unmarried or legally separated persons qualifying as "Head of Household," check hereCJ. See instructions.)
(Surviving wridow^s and ^widowers Twho qualify for special tax computation, check here LJ. See instructions.)
IF YOUR INCOME WAS LESS THAN $5,000— Use Tax Table unless you itemize deJudions. This table allows about 10 percent
of your income for charitable contributions, interest, taxes, medical expenses, etc. If your deductions exceed 10 percent, it
will usually be to your advantage to itemize them and compute your tax on page 3.
IF YOUR INCOME WAS 55,000 OR MORE— Compute tax on page 3. Itemize or use standard deduction, whichever is
to your advantage.
7. Enter your tax from the Tax Table, or from line 13, page 3
8. Less: A. Dividends received credit (line 8 of Schedule J)
B. Retirement income credit (line 10 of Schedule K)
9. Balance (item 7 less the sum of items 8A and SB)
10. Enter your sell-employment tax from line 36, separate Schedule C . . . .
11. Add amounts shown in items 9 and 10
12. Credits for amounts paid on your 1954 income tax:
A. Tax withhi^ld (in item 2, Column D above). Attach Forms W-2 . . . .
B. Payments on 1954 Declaration of Estimated Tax. Indicate District
Director's office where paid. __
13
If your tax (item 1 1) is larger than payments (item 12), the balance must be paid in
full with return. Enter such balance here
14. If your payments (item 12) are larger than your tax (item 11) Enter the ooerpcymert here-
Enter amount of item 14 you want: Credited on 1955 estimated tax $ ; Refunded $
0 Make check or mot\ey order payable to District Director, I. R. S.. for amount, if any, shown in item 13.
Did you pay anyone for assistance in the preparation
of your return? I I Yes I I No. H "Yes," enter his
name and address.
Do you owe any other Federal tax? I I Yes j I No. If
"Yes," to which District Director's office and what kind of
lax.
Is your Wife (or husband) making a separate return
for 1954? n Yes dl No. If "Yes," wiite her
(or his) name.
I declare under the penalties of perjury that this return (including any accompanying schedules and statements) has been examined
by me and to the best of my knowledge and belief is a true, correct, and complete return.
(Signature of taxpayer) (Date) (Signature of taxpayer's wife or husband if this is a joint return)
0 To assure split-income benefits, husband and wife must include all tlieir income and, even though only one has income, BOTH MUST SIGN.
(Date)
16 — 709a7-l
96
FACSIMILES OF TAX RETURNS FOR 1954
Page
Schedule A.— INCOME FROM DIVIDENDS (First see Schedule J)
1. Enter amount of dividends reported on line 6 of Schedule I
2. Enter total of all other dividends; itemize below, listing name of corporation and amount.
Enter total here«^
Schedule B.— INCOME FROM INTEREST
Name of payor
Name of payor
Amount
Enter total here^
Schedule C Summary.— PROFIT (OR LOSS) FROM BUSINESS. FARMING. AND PARTNERSHIP
1. Business profit (or loss) from separate Schedule(s) C, line(3) 24 .
2. Farm profit (or loss) from separate schedule, Form 1040F
3. Partnership, etc., profit (or loss) from Form 1065, Schedule K . . . .
Partnership name and address
4. Total of lines 1, 2, and 3
5. Less: Net operating loss deduction (Attach statement) .
6. Net profit (or loss) (line 4 less line 5)
Schedule D.— GAINS AND LOSSES FROM SALES OR EXCHANGES OF PROPERTY
1. From sale or exchange of property other than capital assets (from separate Schedule D) ,
2. From sale or exchange of capital assets (from separate Schedule D)
Schedule E.— INCOME FROM PENSIONS OR ANNUITIES (See instructions)
Port I.— General Rule
1. Investment in conhact
2. Expected return
3. Percentage of income to be excluded
(line 1 divided by line 2)
4. Amount received this year $.
5. Amount excludable (line 4 multi-
plied by line 3)
$-
6. Taxable portion (excess of line 4 over line 5) .
Part II. — Where your cost will be recovered withirv three years and your employer has corttributed part o£ the cost
1. Cost of annuity (amounts paid in) . . . .
2. Cost received tax-free in past years . .
3. Remainder of cost (line 1 less line 2) . .
4. Amount received this year |$_
5. Taxable income (excess of line 4
over line 3)
Schedule F.— INCOME FROM RENTS AND ROYALTIES
1. Kind and location of property
2. Amount of rent or
royalty
3. Depreciation (explain In
Schedule H) or depletion
$
1. Totals $
2. Net profit (or loss) (column 2 less sum of columns 3, 4, and 5) .
4. Repairs (attach
itemized list)
5. Other expenses (attach
itemized list)
Schedule G.— INCOME FROM OTHER SOURCES INCLUDING ESTATES AND TRUSTS
1. Estate or trust (Name and address)
2. Other sources (state nature)
TOTAL INCOME (OR LOSS) FROM ABOVE SOURCES (Enter here and as item 5, page 1) .
Schedule H.— EXPLANATION OF DEDUCTION FOR DEPRECIATION CLAIMED IN SCHEDULE F
1. Kind of property (if buildings, state material of
which consUucted). Exclude land and other
nondepreciable properly
2. Date acquired
3. Cost or other
basis
4. Depreciation al-
lowed (or allowable)
in prior years
5. Method
6. Rate(%)
or life (years)
7. Depreciation
for this year
$
$
$
Sch. I.— EXEMPTIONS FOR INDIVIDUALS WITH GROSS INCOME OF LESS THAN $600, OTHER THAN WIFE AND CHILDREN
2. Relationship
3. Did individual have
gross income of $600
or more in 1954?
4. If answer to 3 is "No" enter amount spent for
individual's support in 1954 by—
1. Name of individual. Also give address if different from yours
You (and your wife if this
is a joint return). If 100%
write "ah"
Others, and by individual
from own funds
$ -
$
FACSIMILES OF TAX RETURNS FOR 1954
97
Page 3
ITEMIZED DEDUCTIONS— FOR PERSONS NOT USING TAX TABLE OR STANDARD DEDUCTION.
If Husband and Wife (Not Legally Separated) File Separate Returns ond One Itemizes Deductions, Ihe Other Mu3t Also Itemize.
Dascribe deductions and state to whom pcid. If more space is needed, attacK additional sheets
Contributions
$..
Total Contributions (not to exceed 20 percent of item 6, page 1, except where contributions to
churches, schools, and hospitals ore included). (See instructions)
Interest
Total Interest .
Taxes
Medical and
dental expense
(// over 65, see
instructions)
Total Taxes
Do not enter any expense comper\sated by insurance or otherwise A. Medicine and Drugs
1 . Net Expenses (Attach itemized list)
2. Enter in Column A, 1 percent of item 6, page 1
3. Enter in Column B, excess of Column A, line 1 over line 2 .
4. Total of Column B, lines 1 and 3
5. Enter 3 percent of item 6, page 1
6. Allowable amount (excess of line 4 over line 5). (See instructions for limitations) . . . .
B. Other
$-
Child Core
Losses from
iire, storm, or
other casualty,
or theft
Miscellaneous
Expenses for care of children and certain other dependents (see instructions) .
(Attach statement)
Not to exceed $600.
Total Allowable Losses (not compensated by insurance or otherwise)
Total Miscellaneous Deductions.
TOTAL DEDUCTIONS (Enter on line 2 of Tax Computation, below)
TAX COMPUTATION
la Enter Adjusted Gross Income as shown in item 6, page 1 _■ ■
2a If deductions are itemized above, enter total of such deductions. If deductions are not itemized and line I, abode, is
$5,000 or more: (a) married persons filing separately enter $500; (b) all others enter 10 percent of line 1, but
not more than $ 1 ,000
3. Subtract line 2 from line 1 . Enter the difference here
4. Multiply $600 by total number of exemptions claimed in item IE, page 1. Enter result here
5. Subtract line 4 from line 3. Enter the difference here. This is your Taxable Income
6> If you are a single person, a married person filing separately, or a head of household —
Single persons and married persons filing saporately use Tax Rate Schedule I in the instructions to figure tax
on amount on line 5; heads of household use Tax Rate Schedule II
7a If this is a joint return, or if you qualify to file as a surviving widow or widower —
(a) Enter one-half of amount on line 5
(b) Use Tax Rate Schedule I in t!ie instructions to figi-ire tax on amount on line 7 (a) .
(c) Multiply omount on line 7 (b) by 2
8. If alternati .'e tax is applicable, enter tlie tax from separate .Schedule D.
Disrsgord lines 9 through 12, and copy on line 13 the same figure you entered on line 6, 7 (ci, or 8, unless you
used itemized deductions.
9a Enter here income tax payments to a foreign country or U.S. possession (Attach Form 1116) . . $..
10a Enter here any income tax paid at source on tax-free covenant bond interest
lla Enter here credit for partially tax-exempt interest (See instructions for limitation)
12. Add the figures on lilies 9, 10, and 11. Enter the total here
13. Subtra'-t line 12 fro-n line 6, 7 (c), or 8, v/hichever is applicable. Enter difference here and os item 7, page 1 ,
16—70997-1
FACSIMILES OF TAX RETURNS FOR 1954
Page 4
Schedule J.— EXCLUSION AND CREDIT FOR DIVIDENDS RECEIVED FKOM
QUALIFYING DOMESTIC (U.S.) CORPORATIONS. (See instructions)
1. Name ot corporation declaring dividend:
Amount received
before 8/1/54
Amount received
after 7/31/54
2. Total
3. Less: Exclusion of $50. Apply exclusion first to Col. A and excess, if any, to Col. B . . .
4. Balance
5. Enter in Column B, the amount from Column A, line 4
6. Total dividends to be entered on line 1, Schedule A, page 2 (total of Column B, lines 4 and 5).
CREDIT COMPUTATION
7. (a) 4% of amount on line 4, Column B, above
(b) Tax shown on line 6, 7 (c), or 8, page 3, less the amount, if any, on line 9, page 3; or, if Tax Table is used,
the tax in item 7, page 1
(c) 2% of taxable income — line 5, page 3; if alternative tax is applicable, line 20, Schedule D (twice line 20 in
the case of a joint return)
(Taxable income, for those using the Tax Table to compute tax, is the amount shown in item 6, page 1, less
10% thereof and less the deduction for exemptions (item IE, page 1, multiplied by $600))
8. Enter here and as item 8A, page 1, the smallest of the amounts on lines 7 (a), 7 (b), or 7 (c), above
NOTE: If both husband and wife have qualifying dividends, an exclusion shall be allowed to each on line 3 to tlie extent of the dividends
recei ved but not to exceed $50 each.
Schedule K. — CREDIT FOR RETIREMENT INCOME. (See inshructions for definitions and other details)
If separate return, use Column B only. If joint return, use one column for husband and
one for wife.
Did you receive earned income in excess of $600 in each of any 10 calendar years before
the taxable year 1954 ?
If answer above is "Yes" in either column, furnish all information below in that column.
1. Retirement income for taxable year:
(a) For taxpayers under 6S years o£ age :
Enter only income received from pensions and annuities under public retirement
systems. (Do not enter pensions, annuities, and retirement pay from Armed Forces) .
(b) For taxpayers 65 years of age and older:
Enter total of pensions and annuities, retirement pay from Armed Forces, interest,
rents, and dividends included in gross income in this return
Limitation on Retirement Income
2. Enter here amount shown in line 1 or $1,200, whichever is lesser
Deduct:
(a) Amounts received in taxable year as pensions or annuities under the Social
Security Act, tiie Railroad Retirement Acts, and certain other exclusions from
gross income. (See instructions)
(b) Compensation for personal services received in the taxable year 1954 in excess of $900 .
(Line 3 (b) does not apply to persons 75 years of age or over.)
4. Total of lines 3 (a) and 3 (b)
5. Balance (line 2 minus line 4)
6. Tentative credit (20 percent of line 5)
7. Total tentative credit on this return (total of columns A and B, line 6) .
Limitation on Retirement Credit
C. Amount of tax shown as item 7, page 1
Less: Credit for dividends from line 8, Schedule J, above .
9. Balance of line 8
[] Yea []] No
□ Yes □ No
10. Retirement income credit. Enter here and as item 8B, page 1, the amount on line 7 or line 9, whichever
is smaller ^
*^'^^
Statement of Person (other than taxpayer) Preparing Return
I declare under the penalties of perjury that I prepared this return for the person(s) named herein; and that this return (including any
accompanying schedules and statements) is, to the best of my knowledge and belief, a true, correct, and complete return based on all the
information relating to the matters required to be reported in this return of which I have any knowledge.
(Individual or Firm Signature)
(Address)
U. S. GOVERNMENT PRINTING OFFICE 16 — 70807-1
(Date)
FACSIMILES OF TAX RETURNS FOR 1954
99
HELPFUL INFORMATION ON
How to
prepare your
income tax
return
ON FORM 1040 FOR 1954
""iis^m.s*
You can save money for yourself and
the Government, if you —
File your return early
Make sure the figures are right
Under the new law, the final date for
filing is April 15, but taxpayers who
wait until the last minute often make
costly mistakes.
Give yourself time to double check
every figure on your return — this will
save time and money in the long run.
If you need help or more forms
(including Form 1040-ES for decla-
ration of 1955 estimated tax), go to
the nearest Internal Revenue Service
Office.
Commissioner.
IRS Pub-3
100
FACSIMILES OF TAX RETURNS FOR 1954
HOW TO USE THIS PAMPHLET
The information contained in this pamphlet has been selected to help the average taxpayer in preparing his return. You
need only read those items that concern you. Use the following checklist in deciding which items you wish to read.
Page
• How To File Your Re-
turn:
n Who must file 3
□ Why you must file a
return 3
n When to file 3
n How to pay ^. 3
□ How to sign 3
□ Where to get forms,
n Where to get help....
□ Your rights of appeal . .
• How To Choose Your
Return:
n The three types of re-
turns
n Income less than $5,000
n Income of $5,000 or
more
□ Married persons — joint
or separate returns . • •
4
4
Page
□ Unmarried persons —
Head of household... 4
n Surviving widow or
widower 5
• How To Claim Your
Exemptions:
□ Exemptions for you and
wife 5
□ Exemptions for your
children 5
□ Exemptions for depend-
ents other than your
children 5
□ Exemptions for individ-
uals supported b\' more
than one taxpayer.... 5
• How To Report Your
Income:
O What income is taxed. . 6
□ Wages, salaries, etc... 6
□ Exclusions from salaries
and wages 6
Page
□ Trade and business de-
ductions of employees. 6
□ Dividends 7
□ Interest 7
□ Business or profession. 7
□ Farming 8
□ Partnerships 8
□ Net operating loss de-
duction 9
□ Self-employment ta.\ . . 9
□ Sale and exchange of
property 9
n Special rule for sale of
residence at a gain .... 9
□ Annuities and pensions. 10
□ Rents and royalties. .. . 11
□ Estates and trusts 11
□ Other income 11
□ Depreciation 11
□ Accounting methods
and records 11
Free
• How To Claim Non-
business Deductions:
□ Contributions 12
D Interest 12
□ Taxes 12
□ Casualty losses and
thefts 12
□ Medical and dental ex-
penses 13
□ Expenses for the care
of children and certain
other dependents 13
□ Miscellaneous 13
□ Declaration of esti-
mated tax 14
• How To Figure Your
Tax:
n Using the tax table. .. . 14
□ Making a long-form
computation 14
n 1954 tax rate schedule. 14
n Credits against tax. ... 14
D Tax table 16
WHERE TO FILE YOUR RETURN
Mail your return to the ''District Director of Internal Revenue" for the district in which you live
AIABAMA---Birmingham 3, Ala.
ALASKA- __Tacoma 2, Wash.
ARIZONA___Phoenix, Ariz.
ARKANSAS---Litlle Rocic, Afk.
CALIFORNIA:
Counties of Imperial, Kern, los An-
feles. Orange, Riverside, San Bernar-
ino. San Diego. San Luis Obispo.
Santa Barbara, and Ventura Loi An-
geles 12, Calif.
All other counties Son Froncisco
2, Calif.
CANAL ZONE Jacksonville, Fla.
COLORADO Denver 2, Colo.
CONNECTlCUT_--Harlford, Conn.
DELAWARE... Wilmington 99, Del.
DISTRICT OF COLUMBIA--.Bal!imoie 7,
Md.
FLORIDA._-iacksonvilIe, Fla.
GEORGIA-. -Atlanta 3, Ga.
HAWAII---Honolulu 13, T. H.
IDAHO---8oise, Idafio
ILLINOIS:
Counties of Bonne, Bureau, Carroll.
Cook. De Kalb, Du Page. Grundy.
Henry. Jo Daviess. Kane. Kankakee,
Kendall. Lake, La Salic. Lee. McHenry,
Marshall. Mercer. Ogle, Putnam. Rock
Island. Stark. Stephenson, Whiteside,
Will, and Winnebago-. Chicago 2, HI.
All other cnundts Springfield, III.
INDIANA--. Indianapolis 6, Ind.
IOWA---Des Moines 8, Iowa
KANSAS--. Wichita 21, Kans.
KENTUCKY-__Louisville 1, Ky.
LOUtSIANA---Nev/ Orleons 16, la.
MAINE Augusta, Maine
MARYLAND.- -Baltimore 2, Md.
MASSACHUSETTS -Boston IS, MosS.
MICHIGAN--. Detroit 31, Mich.
MINNESOTA---St. Paul 1, Minn.
MISS(SS1PPI---Jack$on 5, Miss.
MISSOURI:
Counties of Adair, Audrain, Bol-
linger. Boone. Butler, Callaway, Cape
Girardeau. Carter. Cl.irk. Crawford.
Dent. Dunklin, Friinklin. Gasconade.
Howard. Iron, Jefferson, Knox. Lewis,
Lincoln. Linn, Macon, Madison.
Maries, Marion, \f ississippi. Monroe,
Montgomery. New Madrid. Oregon.
Osage. Pemiscot. Perry. Phelps. Pike,
Pulaski. Ralls. R.indr.lph. Re\noIds.
Ripley, St. Charles, St. Francois. Stc.
Genevieve. St. Louis, Schuyler, Scot-
land. Scott. Shannon, Shelby, Stod-
dard. Warren, Washington, and
Wayne-— St. Louis I, Mo.
All other counties Kansos CHy 6,
Mo.
MONTANA,, -Helena, Mont.
NEBRASKA---Omaha 2, Nebr.
NEVADA. --Reno, Nev.
NEW HAMPSHIRE-, -Portsmouth, N. H.
NEW JERSEY:
Counties of Bergen. Essex. Hudson,
Hunterdon, Middlesex. Morris. Pas-
saic, Somerset. Sussex, Union and
Warren Newark 2, N. J.
All other counties 7lh ond Cooper
Sis., Camden 1 , N. J.
NEW MEXICO--_AIbuquerque, N. Mex.
NEW YORK:
Brooklyn: Counties of Kmgs, Nas-
sau. Oueens, and Suffolk Brooklyn
1, N. Y.
Lower Manhattan: All that part of
Manh3tt.in Island south of 34th Street
(this includes both sides of 3'<th
Street ) and Rictimond County Cus-
tomhouse BIdg., New York 4, N. Y.
L'pper M.Tnh3ttan: That part of
Manhattan Island north of 5'lth Street
(this includes Welfiire Island, Ran-
d.ill's Isl.ind. and Ward's Island) and
counties of Bronx. RockUnd. and West-
chester.. 484 Lexington Ave., New York
17, N. Y.
Eastern New York State: Counties of
Albany. Clinton. Columbia, Dutchess.
Esstx. Fulton. Greene, H.imilton.
Nlontgomcry. Orange. Putnam, Rens-
selaer. Saratoga, Schenectady, Scho-
h.iric. Sullivan. Ulster. Warren, and
Washington---Albany 1, N. Y.
Central New York State: Counties
of Broome, Cayuga. Chenango. Cort-
land. Delaware. Franklin, Herkimer,
Jefferson. Lewis. Madison, Oneida.
Onondaga. Oswego. Otsceo. St. Law-
rente, Scluivler. Seneta. Tini;a. Tomp-
kins, .ind Wayne Syracuse 2, N. Y.
Western New York State: Counties
of Allcg.inv. Cnttaraugus. Chautauqua,
Chemung. Erie. Genesee. Livineston.
Monroe, Niagara. Ontario. Orleans.
Steuben. Wyoming, and Yates Buf-
folo 2, N. Y.
NORTH CAROLINA Greensboro, N. C.
NORTH DAKOTA---Fargo, N. Dak.
OHIO:
Northeastern: Counties of Ash-
land, Ashtabi;l.i. Belmont. Carroll.
Columbiana. Cuyahoga. C-eauga. Har-
rison. Holmes, JetTerson. Lake. Lo-
rain. Mahoning, Medina, Monroe,
Portage. RichLind. Stark, Summit,
Trumbull. Tuscarawas, and Wayne
Cleveland 15, Ohio
Sou im.ASi>:RN: Counties of Adams,
Athens. ( osiiocton, Delaware, Fair-
field. Franklm, Gallia. Guernsey.
Hocking, Jatkson, Knox. Lawrence.
Licking, Madison. Marion. Meigs,
Morgan, Morrow, Muskingum, Noble,
Perry. Pi. kaw;iy. Pike. Ross. Scioto,
Union. Vinton, and Washington
Columbus 16, Ohio
NoK rnw rsTTRN: Counties of Allen,
Auglaize. Cliampaign, Crawford,
Darke, Defiance, trie. Fulton. Han-
cock. Hardin. Henry. Huron, Logan.
Lucas. Mercer. Ottaw.i, Paulding, Put-
nam, Sanduskv, Seneca. Shelby. Van
Wert, Williams. Wood, and Wyan-
dot Toledo I, Ohio
SoLiTHw rsTFRN : Tounties of Brown,
Butler. Clark. Clermont. Clinton, Fay-
ette. Grct-nt. Hamilton, Highland.
Miami. NI<intt:omciv, Preble, and War-
ren Cincinnati 2, Ohio
OKLAHOMA-. .Oklahoma City, Okla.
OREGON-- Portland 9, Oreg.
PENNSYLVANIA:
South F ASTFR.M: ( ounties of Adams,
Bedford. Berks. Blair. Bucks. Chester,
Cumberland. Dauphin. Delaware,
Fr.inklin, Fulton, Huntrngdnn. Juniata,
Lancaster, Lebanon. Lehigh. Mifflin.
Montgomery, Perry. Philadelphia.
SLhu\lkilI, Snyder, and York___PhiIo-
delphio 7. Pa.
North FASTFRN: Counties of Brad-
ford, Carbon, Centre, Clinton. Colum-
bia. Lackawanna. Luzerne. I.ycommg.
Monroe. Montour, Northampton, Nor-
thumberland. Pike. Potter, Sullivan.
Susquelianna. Tioga. Union. Wayne,
and W\ommg Scronlon 14, Pa.
Wf sTrRN : Counties of Allecheriy.
Armstrong. Beaver, Butler. Cambria,
Camtion, Clarion, Clearfield, Craw-
ford. Elk. Erie, Fayette. Forest, Greene,
Indiana, Jefferson. Laurence, MiKean,
Mercer, Somerset. Venango, Warrtn,
Washington. and Westmoreland
P. O. and Courthouse BIdg.,
Pittsburgh 30, Pa.
PUERTO RICO Sanlurce BIdg., San-
turce, Puerto Rico.
RHODE ISLAND.-.Providence 2, R. I.
SOUTH CAROLINA-, -Columbia 1, S. C.
SOUTH DAKOTA---Aberdeen, S. Dok,
TENNESSEE--, Nashville 3, Tenn.
TEXAS:
Southern: Counties of Aransas,
Atascosa. Austin. Bandera, Bastrop,
Bee, Bell, Bexar. Blanco. Bosque, Bra-
zoria. Brazos. Brewster. Bmoks. Bur-
leson. Burnet, Caldwell, Calhoun,
Cameron, Chambers, Colorado. Comal,
Coryell. Culberson. De Witt. Dimmit,
Duval. Edwards. El Paso, F.ills, Fay-
ette. Fort Bend. Freestone. Frio. Gal-
veston. Gillespie. Goliad. Gonzales,
Grimes. Guadalupe, Hamilton, Har-
din, Harris, Hays. Hidalgo. Hijl.
Hudspeth, Jackson. Jasper. Jeff Da\is,
Jefferson, Jim Hogg, Jim Wells.
Karnes. Kendall, Kenedy, Kerr. Kim-
ble. Kinney. Kleberg. Lampasas, La
Salle. Lavaca. Lee. Leon. Liberty,
Limestone, Live Oak. Llanti. McCul-
loch, Mclennan. Mc^fuIlen, Madi»on,
Mason, Matagorda. Maverick. Medina,
Milam. Montgomery, Newton. Nue-
ces, Orange. Pecos. Polk. Presidio.
Real. Reeves. Refugio, Robert-.on. San
Jacinto, San Patricio. San S.iba. Som-
ervell, Starr. Terrell, Travis. Trinity.
Tyler. Uv.ilde, Va! Verde. Victoria.
Walker, Waller. Washington. Webb,
Wharton. Willacy. Williamson. Wil-
son. Zapata, and Zavala,.. Austin 14,
Tex.
North prn: All other counties
Dallas 1 , Tex.
UTAH -Salt Lake City, Utoh
VERMONT. .Burlington, Vt.
VIRGINIA. -.Richmond 19, Vo.
VIRGIN ISLANDS-. .Customhouse BIdg.,
New York 4, N. Y.
WASHINGTON. .^Tocoma 7. Wosh.
WEST VIRGINIA_-_Parkersbu»g, W. Va.
WISCONSIN--. Milwoukee 1, Wis.
WYOMING-, -Cheyenne, Wyo.
Taxpayers with legal residence in foreign countries Baltimore 2, Md., U. S. A,
FACSIMILES OF TAX RETURNS FOR 1954
101
SPECIAL FOR EMPLOYEES
This pamphlet contains the forms and instruc-
tions used by most taxpayers. However, if
your gross income was less than $5,000 and
consisted entirely of wages reported on with-
holding statements (Form W-2) and not more
than $100 total of other wages, interest, and
dividends, the law provides a simple way for
you to file. Merely enter the required infor-
EARNING LESS THAN $5,000
mation on the prescribed card form (1040A),
and the Internal Revenue Service will figure
your tax and send you a check for any refund
or a bill for any amount due. You may obtain
the card jorm jrom your District Director. IJ
you qualijy and decide to use Form IO40A, do
not use any oj the forms in this pamphlet.
NEW PROVISIONS OF THE TAX LAW
Many changes in the income tax lav/ were made by the Internal Revenue Code of 1954.
efits are listed below.
The more important ben-
Page
Reduced rates for certain surviving widows or
widowers .— 5
Exemption for children and other dependents 5
Exemption for individuals supported by more than
one taxpayer 5
Exclusion of sick pay 6
Deduction for trade and business expenses of em-
ployees 6
New dividend provisions 7 and 15
Pagf
Expenditures for soil and water conservation 8
New methods of computing income from annuities
and pensions 10
Additional methods for computing depreciation 1 1
Additional deduction for contributions to churches,
schools, hospitals... 1 2
Deduction for interest on installment obligations 12
Additional deduction for medical expenses 13
Deduction for child care 13
Retirement income credit 15
HOW TO FILE YOUR RETURN
Who Must File
Every citizen or resident of the United States — whether an
adult or minor — who had S600 (SI, 200 if 65 years of age or
over) or more gross income in 1954 must file. For require-
ments respecting self-employment tax, see page 9 of these
instructions. Citizens of Puerto Rico who are also citizens
of the United States and nonresident aliens who were bona
fide residents of Puerto Rico during the entire taxable year
must also file United States individual income tax returns
if they meet the income test.
Why Yon Must File a Return
Most of your tax is withheld from your wages every pay-
day or paid on Declarations of Estimated Tax every quar-
ter. (See page 14, relative to the Declaration of Estimated
Tax.) However, the law requires you to file an annual
return to determine whether you owe more or should get
a refund.
When and Where To File
File on or after January 1 but not later than April 15,
1955, with the District Director of Internal Revenue for
your district. Try to avoid the last-minute rush. Tax-
payers who keep books on a fiscal-year basis must file by
the fifteenth day of the fourth month after the close of their
taxable years.
How To Fay
Any balance of tax shown to be due in item 13, page 1, of
your return on Form 1040 must be paid in full with your
return. Checks or money orders should be made payable
to "District Director, I. R. S."
How To Sign
You have not filed a valid return unless you sign it. If
you and your wife are filing a joint return, both of you
must sign. You do not need to have your return notarized,
since your signature has the same legal effect as swearing
to the truthfulness of your return.
Preparer's Statement
The statement on page 4 of the Form 1040 is required to
be signed by any person(s), firm, or corporation who pre-
pares the taxpayer's return. If the return is prepared by a
firm or corporation, the return should be signed in the name
of the firm or corporation. The statement is not required
if the return is prepared by a regular, full-time employee of
the taxpayer such as a clerk, secretary, bookkeeper, etc.
Where To Get Forms
As far as practical, the District Director mails forms
directly to taxpayers. If you need additional forms you
can get them from any Internal Revenue Service office,
and also at most banks and post offices. Many employers
also keep forms for the convenience of employees.
Where To Get Help
After reading these instructions you should be able to
prepare your own return, unless you have complicated
problems. If you do need help, you can get it at any
Internal Revenue Service office. A more detailed publica-
tion entitled, "Your Federal Income Tax," may be pur-
chased for twenty-five cents from the Superintendent of
Documents, Government Printing Office, Washington 25,
D. C.
Your Rights Of Appeal
If you believe there is an error in any bill, statement, or
refund in connection with your tax, you are entitled to
have the matter reconsidered by the District Director. He
will give you an opportunity to dispute any change in your
tax which he proposes, and will advise you of further appeal
rights if you cannot reach an agreement with him. All
deductions claimed by you must be supported by canceled
checks, receipts, or other evidence if there is an audit of
your return.
102
FACSIMILES OF TAX RETURNS FOR 1954
HOW TO CHOOSE YOUR RETURN
The Three Types Of Returns
Three different forms are provided to meet the needs of
the 50,000,000 persons who file tax returns — Form 1040A,
Short-Form 1040, and Long-Form 1040.
Income Less Than $5,000
1. Form 1040A. — This form has been revised this year so
as to offer eligible taxpayers the simplest return and to put
the form on a punch card which can be processed efficiently.
If you file this form, the Internal Revenue Service will
compute your tax. You may use it if your total income
was less than $5,000 and consisted entirely of wages reported
on Withholding Statements (Form \V-2), or of such wages
and not more than $100 total of other wages, interest, and
dividends (after exclusion as explained on page 7), all of
which must be entered on the tax return. From your answers
to the questions, the Internal Revenue Service will figure
your tax for you, and send you a bill or a refund.
You may not use Form 1040A but must file your return
on Form 1040 if (1) you had income from any other sources,
such as annuities, rents, royalties, a business or profession,
farming, transactions in securities or other property, part-
nerships, estates, and trusts, or reimbursements includible
as income, (2) you wish to deduct from your wages travel,
transportation, reimbursed expenses, or business expenses
of an outside salesman, (3) you wish to claim credits against
the tax with respect to dividends or retirement income, or
(4) you wish to claim the status of head of household or
surviving widow or widower.
2. Short-Form 1040. — Form 1040 may be used either as a
short or long form. The short form is simpler than the long
form. It differs from Form 1()40.\ in that (a) you must find
your own tax; (b) you must include income from sources not
eligible for reporting on Form 1040 A; (c) you may deduct
from your wages certain reimbursed expenses, travel, trans-
portation, and outside salesman's business expenses; and
(d) you may deduct from your tax the credits for dividends
and retirement income. If your income was less than $5,000
and your nonbusiness deductions (contributions, interest,
etc.) were less than 10 percent of your income, find your
tax from the Tax Table and enter the amount in item 7,
page 1 of the return.
3. Long-Form 1040. — If your nonbusiness deductions are
more than 10 percent of your income, you will ordinarily
save money by itemizing them on Long-Form 1040. You
will then figure your tax according to the computation
on page 3. If your nonbusiness deductions are so close to
10 percent that you are in doubt which is the better form,
try both the short form and the long form to make sure.
Income Of $5,000 Or More
If your income was $5,000 or more, you must use Long-
Form 1040. However, in that case, you can either take a
standard deduction or itemize and claim your actual deduc-
tions. The standard deduction is 10 percent of your income
but not more than $1,000. However, if husband and
wife file separate returns and each had income of $5,000
or more, the standard deduction is $500 for each. Compare
your actual deductions with the amount of the standard
deduction.
Married Persons — Joint Or Separate Returns
Are You Married? — If married at the close of your taxable
year, you are considered married for the entire year. If
divorced or legally separated on or before the close of your
year, you are considered single for the entire year. If your
wife or husband died during the year, you are considered
married for the entire year, and may file a joint return.
joint or Separate Returns. — If husband and wife liave separate
income (for example, if both work), they may file separate
returns or a joint return. A separate return accounts for
the income and deductions of only one person. If married
persons living in community property States file separate
returns, each must report half of any community income.
A joint return must include all the income and deductions
of both husband and wife. A husband and wife may file
a joint return even though one of them had no income.
A joint return may not be filed if either husband or wife was
a nonresident alien at any time during the taxable year.
How To Make a Joint Return. — In a joint return you include
all income and deductions of both husband and wife. In
the return heading, list both names (for example: "John
H. and Mary D. Doe"). Both must sign the return.
Advantages oj a Joint Return. — In most cases it is advanta-
geous for married couples to file joint returns. The law pro-
vides a "split income" method of figuring the tax on a joint
return which often results in a lower tax than would result
from separate returns.
Joint Tax or Rejund. — When a joint return is filed, the couple
a<sume full legal responsibility for tiie entire ta.x, and if one
fails to pay, the other must pay it.
Hoic To Make a Separate Return. — Husband and wife must
each have income under the laws of their State and they
must fill out separate forms. The "split income" provisions
of the Federal tax law do not apply to separate returns of
husband and wife. When filing separate returns, the hus-
band and wife should each claim the allowable deductions
paid with his or her own funds. (In community propertv
States, deductions resulting from payments made out of
funds belonging jointly to husband and wife may be divided
half and half) If one itemizes and claims actual deductions
on the long form, then both must.
Unmarried Persons — Head Of Household
The law provides a special tax rate for any individual
who qualifies as a "Head of Household." To qualify you
must Ije unmarried (or legally separated) at the end of your
taxable year. In addition, you must have furnished over
half the cost of maintaining as your home a household
which during the entire year, except for temporary ab-
sence, was occupied as the principal place of abode and
as a member of such household by (a) any related person
(see those listed under 5 (a), page 5) for whom you are
entitled to a deduction for an exemption, unless the deduc-
tion arises from a multiple support agreement or (b) your
unmarried child, grandchild, or stepchild, even though such
child is not a dependent.
You also qualify if you pay more than one-half the cost ot
maintaining a household (not necessarily your home) which
is the principal place of abode of your father or mother and
either qualifies as your dependent.
The cost of maintaining a household includes expendi-
tures for such items as:
1 . Maintenance of the dwelling and premises. For exam-
ple, rent (or if the taxpayer owns his home, real estate taxes
and interest on a mortgage on the home), insurance on the
dwelling and premises, repairs, and upkeep.
2. Utilities. For example, gas, telephone, electricity,
water, and fuel.
3. Food consumed in the home.
The cost of maintaining a household is computed without
regard to the value of personal services performed by a
member of the household, including the taxpayer.
FACSIMILES OF TAX RETURNS FOR 1954
103
The above expenditures are to be used only for determin-
ing whether you are entitled to the use of the head of house-
hold tax rate. Do not claim them as deductions on your
return unless they are otherwise allowable.
If you are married to a nonresident alien at any time dur-
ing your taxable year but otherwise meet *he foregoing tests,
you are considered a "Head of Household" since you are
not permitted to file a joint return.
If you qualify as a surviving widow or widower as
described in the next paragraph, as well as a head of
household, it will be to your advantage to compute your
tax as a surviving widow or widower.
Surviving Widow Or Widower
Under certain conditions a taxpayer whose husband or
wife has died during either of his two preceding taxable
years may compute his tax by including only his income,
exemptions, and deductions but otherwise computing the
tax as if a joint return had been filed.
The conditions are that the taxpayer must not have
remarried, and must (a) maintain as his home a household
which is the principal place of abode of a child or stepchild
for whom he is entitled to a deduction for an exemption
and {b) have been entitled to file a joint return with his
wife (or husband) in the year of death.
HOW TO CLAIM YOUR EXEMPTIONS
You are Allowed a Deduction of $600 for Each Exemption for Which You Qualify as Explained Below
Exemptions For You And Wife
For You. — You, as the taxpayer, are always entitled to at
least one exemption. If, at the end of your taxable year,
you were blind or were 65 or over, you get two exemp-
tions. If you were both blind and 65 or over, you get
three exemptions.
For Your Wife. — You get exemptions for your wife (or
husband) if you and she are filing a joint return. If you
file a separate return, you may claim her exemptions only
if «he had no income and did not receive more than half
her support from another taxpayer. Otherwise, your wife's
exemptions are like your own — one, if she was neither
blind nor 65 or over; two, if she was either blind or 65 or
over; three, if she was both blind and 65 or over.
In Case Of Death. — If wife or husband died during 1954,
the number of his or her exemptions is determined as of the
date of death.
Proof Of Blindness.- — If totally blind, a statement of such fact
must be attached to the return. If partially blind, attach
a statement from a qualified physician or a registered
optometrist that (1) central visual acuity did not exceed
20/200 in the better eye with correcting lenses, or (2) that
the widest diameter of the visual field subtends an angle
no greater than 20°.
Exemptions For Your Children
You are entitled to one exemption for each child (in-
cluding a stepchild, or legally adopted child), if during
the taxable year, that child:
1. Received more than one-half of his or her support
from you (or from yoiu- husband or wife if this is a joint
return), and
2. Had not attained the age of 19 or was a student (if
the child is 19 or over and not a student, he must have
rersived less than S600 gross income), and
3. Did not file a joint return with her husband (or his
wife), and
4. Was either a citizen or resident of the United States or
a resident of Canada, Mexico, the Republic of Panama or
the Canal Zone. For the exemption in the case of children
wlio are residents of the Republic of the Philippines and
were born to or were legally adopted by servicemen in the
Philippine Islands before July 5, 1946, consult your Internal
Revenue Service office.
The law defines a student as an individual who during
each of five calendar months during the calendar year in
which the taxable year of the taxpayer begins is a full-time
student at an educational institution or is pursuing a full-
time course of institutional on-farm training under the
supervision of an accredited agent of an educational insti-
tution or of a State or political subdivision of a State. The
term educational institution means only an educational in-
stitution which normally maintains a regular faculty and
curriculum and normally has a regularly organized body
of students in attendance at the place where its educational
activities are carried on.
Amounts received as scholarships for study at an educa-
tional institution need not be taken into account in deter-
mining whether a child who qualifies under the above
definition as a "student" received more than one-half of
his or her support from you.
Exemptions For Dependents Other Than Your
Children
You are entitled to one exemption for each other depend-
ent who meets all the following requirements for the year:
1. Received less than $600 gross income, and
2. Received more than one-half of his or her support from
you (or from husband or wife if this is a joint return), and
3. Did not file a joint return with her husband (or his
wife), and
4. Was either a citizen or resident of the United States or a
resident of Canada, Mexico, the Republic of Panama or the
Canal Zone, and
5. (a) Was related to you (or to husband or wife if this is
a joint return) in one of the following ways:
Mother Stepbrother Son-in-law
Father Stepsister Daughter-in-law
Grandmother Stepmother The following if
Grandfather Stepfather related by blood:
Brother Mother-in-law Uncle —
.Sister Father-in-law Aunt —
Grandson Brother-in-law Nephew —
Granddaughter Sister-in-law Niece —
or, (b) had as his principal place of abode your home and
was a member of your household, even if not related to you.
Exemptions For Individuals Supported by More
Than One Taxpayer
If several persons contributed toward the support of an
individual during the taxable year, but none contributed
over half of the support, they may designate one of their
number to claim the exemption, if:
(a) They as a group have provided over half of the sup-
port of the individual; and
(b) Each of them, had he contributed over half of the
support, would have been able to claim the individual
as a dependent; and
(c) The person claiming the exemption for the individual
contributed over 10 percent of the support; and
(d) Each person described in (b) above (other than the
person claiming the exemption) who contributed over 10
percent of the individual's support files a declaration that
he will not claim the individual as a dependent for the year.
Consult your Internal Revenue Service office for informa-
tion regarding the filing of these declarations.
104
FACSIMILES OF TAX RETURNS FOR 1954
HOW TO REPORT YOUR INCOME
What Income Is Taxed
The law says all kinds of income in whatever form
received are subject to tax with specific exceptions. This
means that all income which is not specifically exempt
must be included in your return, even though it may be
offset by expenses and other deductions.
Examples of Income Which Must Be Reported
Wages, salaries, bonuses, commissions
Tips and gratuities for services rendered
Dividends and other earnings from investments
Interest from loans and bonds, including Federal bonds issued on or
after March 1, 1941
Industrial, civil service and other pensions, annuities, endowments
Rents, and royalties from property, patents, copyrights
Profits from business or profession
Profit from sale of real estate, securities, autos
Your share of partnership profits
Your share of estate or trust income
Contest prizes
Gambling winnings
Alimony, separate maintenance or support payments received from
(and deductible by) your husband (or wife). For details see Mis-
cellaneous Section relative to deductions.
Examples of Income Which Should Not Be Reported
Armed forces pay due to active service in a combat zone or while
hospitalized from such service after June 24, 1950 — enlisted men's
entire service pay for each month; officers' service pay up to S200
for each month. Your service withholding statement (Form W-2)
does not include this nontaxable service pay but shows only the pay
you must report
All Government payments and benefits made to veterans and their
families, except nondisability retirement pay and interest on ter-
minal leave bonds
Dividends on veterans' Government insurance
Federal and State Social Security benefits
Railroad Retirement Act benefits
Gifts, inheritances, bequests
Workmen's compensation, insurance, damages, etc., for bodily injury
or sickness
Interest on State and municipal bonds
Life insurance proceeds upon death.
Wages, Salaries, Etc.
You must report your wages, salaries, fees, commissions,
bonuses, and other payments for your pensonal services even
though tax has been withheld by your employer.
Exclusions From Salaries And Wages
The new law allows you to exclude from wages amounts
received as wages or in place of wages under a wage con-
tinuation plan for the period during which you were absent
from work on account of personal injuries or sickness. This
amount may not exceed a weekly rate of SIOO. (This limi-
tation applies only to amounts received under plans which
are financed by the employer. If the plan is one to which
you contributed, the amounts received which are attribut-
able to your contributions are excludable without limit.)
If your absence is due to illness, the exclusion does not
apply to the amounts received for the first 7 calendar days.
However, if you were hospitalized on account of sickness
for at least one day during the illness then the exclusion
applies from the fir.st day of absence. In cases where the
payments e.xceed a weekly rate of SIOO, the exclusion is
figured by multiplying the amount received by 100 and
dividing the result by the weekly rate of payment. If you
received such payments, enter your gross wages in item 2,
page 1 of Form 1040, and enter in item 3 the amount to be
excluded. Attach a statement showing your computation.
You may also exclude from gross income amounts
received under an accident or health plan which are paid
directly or indirectly to you to reimburse you for expenses
for the medical care of yourself, your wife (or husband),
or your dependents. However, you may not claim a
deduction for medical expense for these amounts.
Report Total Wages Bejore Pay-Roil Deductions. — When your
employer deducts taxes, insurance, union dues, savings
bond subscriptions, social security, pension fund contribu-
tions, community chest, or other items from your pay,
these amounts are still part of your wages. You must
report your total wages in the amount that would have been
paid if your employer had not made any deductions.
Tips and Gratuities. — The law requires you to include in
your wages all tips, gratuities, bonuses, and similar pay-
ments for services rendered whether you get them from a
customer or from your employer. Legally, these are not
"gifts," even though sometimes called by that name.
Payment In Merchandise, Etc. — If your employer pays part
or all of your wages in merchandise, services, stock, or
other things of value, you must determine the fair market
value of such items and include it in your wages.
Meals and Living Qjiarlers. — Employees who, as a matter of
choice, receive meals and lodging from their employers
whether or not it is stipulated to be part of their salaries
must include in income the fair market value of the meals
and lodging.
However, if, for the convenience of your employer, your
meals are furnished at your place of employment or you are
required to accept lodging at your place of employment as
a condition of your employment, the value of the meals or
lodging is not to be reported in your return.
Trade and Business Deductions of Employees
Reimbursed Expenses Other Than Jor Travel and Transporta-
tion.— If your employer pays you an "expense account" or
otherwise reimburses you for money spent for him in con-
nection with your employment (other than "travel and
transportation"), you should add these payments to your
wages, and then subtract your actual allowable expenses
of this type but not more than the reimbursements. Attach
a detailed statement in explanation. Any allowable ex-
pense in excess of the reimbursed amount may be deducted
as Miscellaneous Expenses on page 3 of your return if you
itemize your deductions.
Out-Of-Town Travel Expenses. — The law provides special
deductions for the expenses of travel while away from home
in connection with your employer's business. Traveling
"away from home" means going away from the city or
town where you normally work and remaining away at
least overnight. "Travel expenses" means the cost of
transportation fares, meals, and lodging, and includes
porters' tips, hire of public stenographers, baggage charges,
and similar expenses necessary to travel. Travel expenses
do not include any entertainment expenses or any personal
expenses such as laundry. Any amount paid to you to cover
these expenses must be included in your wages. You can
deduct your full "travel expenses" from your wages before
writing the balance of your wages in item 2, page 1. Attach
a statement to your return explaining in detail the expenses
you deduct. If you choose to live away from the city where
you regularly work, or do not transfer your home when your
employer transfers your work to a different city, the law
does not allow any "travel deduction" resulting from your
choice of residence.
Other Transportation Expenses. — Even though you do not
travel away from home, as explained above, you may
FACSIMILES OF TAX RETURNS FOR 1954
105
deduct from your wages or other compensation, before
entering the balance on page 1, transportation expenses
paid in connection with the performance of services for your
employer. Transportation expenses include payments for
actual travel or, if you use your own car, the business por-
tion of the cost of operation, including fuel, repairs, and
depreciation. Any reimbursement of these expenses must
be included in your income. Attach a statement to your
return explaining in detail the expenses you deduct.
Going To and From Work. — The law regards the cost of
transportation between your residence and your principal
place of employment as personal expense and does not
allow you to deduct such cost, no matter how far you live
from work, or how expensive the transportation may be.
Expenses Of Outside Salesmen. — The new law allows "Outside
Salesmen" to deduct all their ordinary and necessary busi-
ness expenses from their compensation before entering the
balance in item 2, page 1. This applies only to sales-
men who are engaged full-time in soliciting business for
their employers away from their employer's place of busi-
ness. The term does not include one whose principal
activities consist of service and delivery such as a milk-driver
salesman.
Other Expenses 0/ Employees. — The expenses set forth above
are the only ones which may be deducted from salaries and
wages on page 1 of Form 1040 by employees. If you file a
Short-Form 1040, or if you take the standard deduction on
a Long-Form 1040, you automatically receive an allowance
for a deduction which takes the place of all other employ-
ment expenses and nonbusiness deductions. On the other
hand, if you itemize your deductions on a Long-Form 1040,
you can deduct the cost of tools, materials, dues to unions
and professional societies, entertaining customers, and other
expenses which are ordinary and necessary in connection
with your employment. These items may be itemized and
deducted on page 3 under the heading "Miscellaneous."
Dividends
If you own stock, the payments you receive out of the
company's earnings and profits are called dividends and
must be reported in your tax return. Usually dividends
are paid in cash, but if paid in merchandise or other prop-
erty, they are taxable at their fair market value.
If a distribution is not paid from earnings and profits, it is
not taxable as a dividend, but is treated as reduction of the
cost or other basis of your stock. These distributions are not
taxable until they exceed your cost or other basis, after
which you must generally include any additional receipts
as gains from the sale or exchange of property, for which
special tax treatment is provided.
In some cases a corporation distributes both a dividend
and a repayment of capital at the same time; the check
or notice will usually show them separately. In any case,
you must report the dividend portion as income.
There arc special rules applicable to stock dividends or
stock rights; ask your Internal Revenue Service office for
more complete information.
If your taxable year ends after July 31, 1954, you may
exclude from your income S50 of dividends recei\ed from
domestic corporations during your taxable year. Use
Schedule J, page 4, to show the exclusion. However, this
exclusion does not apply to dividends recei\ed from:
(a) life insurance companies, and mutual insurance com-
panies (other than mutual marine or mutual fire insurance
companies issuing perpetual policies).
(b) China Trade Act corporations.
(c) so-called exempt organizations (charitable, fraternal,
etc.) and farmer's cooperative organizations.
(d) mutual savings banks, cooperative banks, domestic
building and loan associations, domestic savings and loan
associations. Federal savings and loan associations on de-
posits or withdrawable accounts. Dividends from these
organizations must be reported as interest in Schedule B,
on page 2 of Form 1040 and not as dividends.
(e) regulated investment companies except to the extent
designated by the company to be taken into account as a
dividend for these purposes.
(f) corporations deriving 80 percent or more of their
income from U. S. possessions and 50 percent or more of
their income from active conduct of a business therein.
If a joint return is filed and both husband and wife have
dividend income, each one may exclude up to $50 of
dividends received from qualifying corporations, but one
may not use any portion of the S50 exclusion not used by
the other. For example, if the husband has S200 in divi-
dends, and the wife has S20, only S70 may be excluded on a
joint return.
See page 15 for the dividends received credit.
Interest
You must include in your return any interest you receive
or which is credited to your account (whether entered in
your pass-book or not) and can be withdrawn by you. All
interest on bonds, debentures, notes, savings accounts, or
loans is taxable, e.xcept for certain governmental issues.
For example, some of the interest which is fully exempt
from tax is (a) interest from State and municipal bonds and
securities and (b) interest on any S5,000 principal value of
Treasury bonds issued before March 1, 1941.
You must include in your gross income the interest from
certain United States securities issued prior to March 1,
1941, which was exempt from the normal tax by the
acts authorizing their issuance. However, under the new
law you now receive a credit against your tax computed
according to the instructions on page 14. The following
securities are examples of those for which the credit for
partially tax-e.xempt interest is allowed: (a) Treasury
bonds in excess of S5,000 issued before March 1, 1941; (b)
"dividends" on shares of Federal savings and loan associa-
tions if the shares were issued before March 28, 1942.
The interest on U. S. Government bonds and securities
issued on or after March 1, 1941, is fully taxable.
If you own United States Savings or War bonds (Series
A to F, inclusive), the gradual increase in value of each
bond (as shown in the table on its back) is considered in-
terest, but you need not report it in your tax return until
you cash the bond or until the year of final maturity which-
ever is earlier. However, you may at any time elect to
report each year the annual increase in value, but if you
do so you must report in the first year the entire increase
to date and must continue to report the annual increase
each year.
Itemize your interest in Schedule B, page 2, stating the
name of the payor and the amount of interest received.
Business Or Profession
General. — The law taxes the profits from a business or
profession — not its total receipts. Therefore, separate
Schedule C, which contains further instructions, is pro-
vided to help you figure your profit or loss from business.
Generally, you may deduct the ordinary and necessary
expenses of doing business — cost of merchandise, salaries,
interest, taxes, rent, repairs, and incidental supplies. In
the case of capital investments and improvements in depre-
ciable property, such as buildings, machines, fixtures, and
similar items having a useful life of more than one year, the
law provides a depreciation allowance as the method of
106
FACSIMILES OF TAX RETURNS FOR 1954
deducting the cost over the life of the property. For further
information on depreciation, see page 11.
If some of your expenses are part business and part per-
sonal, you can deduct the business portion but not the per-
sonal portion. For instance, a doctor who uses his car half
for business can deduct only half the operating expenses.
Everyone engaged in a trade or business and makiiig pay-
ments to another person of salaries, wages, commissions,
interest, rent, etc., of S600 or more in the course of such
trade or business during his taxable year must file informa-
tion returns. Forms 1096 and 1099, to report such payments.
If a portion of such salary or wage payments was reported
on a Withholding Statement (Form W-2), only the re-
mainder must be reported on Form 1099. Information
returns are not required unless the payments are made in
the course of business.
Individuals in business may under certain conditions elect
to report and pay income tax on such business income on
the same basis as a domestic corporation. For full details
consult your Internal Revenue Service ofTice.
Accrual-Method Taxpayers Only — Prepaid Income and Reserves
jor Estimated Expenses. — Under the new la\v a taxpayer using
the accrual method of accounting in a trade or business may
elect to take prepaid income into account proportionately
in the year of receipt and subsequent taxable years (not to
exceed five), and may elect to deduct for the taxable year an
addition to a reserve for estimated expenses. Prepaid income
is income received in a transaction in which you undertake
to render services, furnish goods or other property, or allow
the use of property beyond the end of the taxable year.
An election to deduct additions to reserves for estimated
expenses applies to expenses part or all of which would
be taken into account for subsequent taxable years but
are attributable to income received in the current taxable
year. In order to qualify as a deduction it is necessary that
such expenses be estimated with reasonable accuracy. The
election to take estimated expenses into account does not
apply to expenses attributable to income which you elect
to treat as prepaid income nor does it apply to additions to
reserves for bad debts. For additions to reserves for bad
debts see separate Schedule C.
For more information concerning the requirements to
make elections with respect to prepaid income and esti-
mated expenses (and the detailed statements which must
be submitted when making the election) consult your
Internal Revenue Service oflice.
Farming
For tlie assistance of farmers, a separate schedule. Form
1040F, is provided and must be used by all farmers who
report on the cash method. This form is optional with
farmers who keep books on the accrual method.
Farmers must report as business income all Government
payments, such as milk subsidy and conservation payments
and amounts received under the Soil Conservation and
Domestic Allotment Act, as amended, section 303 of the
Agricultural Adjustment Act, as amended, and the Sugar
Act of 1937. A taxpayer may elect to treat as income
loans received from the Commodity Credit Corporation.
If he does so, he must continue to report them as income
unless he secures permission to change.
Farmers who market produce through a cooperative
should add any patronage dividends received in the
taxable year to their gross receipts from farming. Farmers
who buy, through a cooperative, implements, gasoline,
seed, fertilizer, or other items for use in their business
should either reduce the cost of such items by the amount
of patronage dividends received or add the patronage
dividends to income. Patronage dividends received as
reljates on purchases of items not used in yotir business
should be omitted from your return. Patronage dividends
are considered paid when remitted in cash, merchandise,
stock certificates, or when credited to you.
If livestock are sold or exchanged because they are dis-
eased, or if property is sold or disposed of to meet acreage
limitations under Federal reclamation laws, the sale or dis-
position may be treated as an involuntary conversion pro-
vided proceeds are reinvested in similar property. Such
reinvestment must generally be made within a year.
Soil and Water Conservation Expenditures. — If you are en-
gaged in the business of farming, you may deduct certain
expenditures made by you (including any amount paid on
any assessment levied by a soil or water conservation or
drainage district to defray expenditures made by such
district) for soil or water conservation and the prevention
of erosion if such expenditures are in respect of land used
by you in your farming operations. The term expendi-
tures means expenditures (a) for the treatment or moving
of earth, including but not limited to leveling, grading,
terracing, contour furrowing; (b) the construction, control,
and protection of diversion channels, drainage ditches,
earthen dams, watercourses, outlets, and ponds; (c) the
eradication of brush; and (d) the planting of windbreaks.
You may not deduct expendianes for the construction, in-
stallation, or improvement of facilities which are subject
to the allowance for depreciation.
The allowable deduction for any one year may not
exceed 25 percent of your gross income from farming but
any excess may be carried over to succeeding years with
the same limit applying to those years. The phrase "gross
income from farming" means the gross income of the farmer
from the production of crops, fruits or other agricultural
products or from livestock and includes such income from
a farm other than the one on which expenditures for soil
and water conservation or for the prevention of erosion
were made.
To claim a deduction for these expenditures you must
(a) elect to do so for the first taxable year which began after
December 31, 1953, and ended after August 16, 1954 for
which such expenditures are paid; or, (b) .secure consent
from the Internal Revenue Service. Once you have elected
to do so, you must continue to treat these expenditures as
deductions in all future taxable years unless you secure con-
sent from the Internal Revenue Service to change.
Partnership
A partnership does not pay income tax in the firm's
name. Each partner must report in his personal tax return
his share of his partnership's income and pay tax on it.
Include in Schedule C Summary, page 2 of Form 1040,
your share of the ordinary net income (whether actually
received by you or not) or the net loss of a partnership,
joint venture, or the like, whose taxable year ends within
the year covered by your return. Other income and de-
ductions to be carried to your individual return are shown
in Schedule K of the partnership return.
If the partnership is engaged in a trade or business, the
individual partner may be subject to the self-employment
tax on his share of the partnership's self-employment in-
come. In such a case the partner's share of partnership
self-employment net earnings (or loss) should be entered
on line 30, separate Schedule C.
8
FACSIMILES OF TAX RETURNS FOR 1954
107
Net Operating Loss
If. in 1954, your business or profession lost money instead
of making a profit or if you had a casualty Ids';, or a loss
from the sale or other disposition of depreciable property
(or real property) used in your trade or business, you can
apply these losses against your other 1954 income. If these
losses exceed your other income, the excess of this "net oper-
ating loss"' may be carried back to offset your income for
1952 or 1953, and any remaining excess may be carried for-
ward against your income for the years 1955 through 1959.
If a carryback entitles you to a refund of prior year taxes, ask
the District Director for Form 1045 to claim a quick refund.
For further information, see section 1 72 of the Internal Rev-
enue Code of 1954 and section 122 of the 1939 Code.
If you had a loss in preceding years which may be carried
over to 1954, you should claim a net operating loss deduc-
tion on line 5 of Schedule C Summary, page 2. of Form 1040
whether or not there are other items to be entered, and file
a conci.se statement setting forth this computation.
Self -employment Tax
Every self-employed individual will ha\e to file an annual
return of his self-einplovnient income on Form 1040 if he
has at least S400 of net earnings from self-employment in liis
taxable year, even though he may not iiave sufncient income
to rec|uire the filing of an income tax return.
If your income is derived solely from salary or wages, or
from di\idends and interest on investments, capital gains,
annuities, or pensions, you will have no self-employment
income and no self-employment tax to pay.
Generally, if you carry on a business as a sole proprietor,
or if you render service as an independent contractor, or as a
member of a partnership or similar organization, you will
have self-employment income.
The computation of your self-employment tax is made on
separate Schedule C which, with attached Schedule C-a,
should be filed with your individual income tax return.
The self-employment tax is a part of the income tax.
Any declaration of estimated tax required to be filed need
not include estimated tax on self-employment income.
Sale and Exchange of Property
If you sell your'house, car, furniture, securities, real estate,
or any other kind of property, you must report any profit
on your tax return. Generally, such profits are capital
gains if the property was not held for sale to customers in
the ordinary course of business. Separate Schedule D is
provided to compute capital gains and losses, and the
results from other transactions in property.
Sale of Homes, Etc. — Gener.\l Rule. — The law requires you
to report any gains from the sale or exchange of your resi-
dence or other nonbusiness property, but does not allow
you to claim any loss from the sale of a home or other asset
which was not held for the purpose of producing income.
Your gain from the sale of this kind of property is the
clifTcrence between (1) the sales price and (2) your original
cost plus the cost of permanent improvements. If deprecia-
tion was allowed or allowable during any period because
you rented the house or used part of it for business purposes,
then the original cost must be reduced by the amount of
depreciation which was allowed or allowable.
Speci.al Rule for Sale of Residence .\t a Gain. — If you
sold or exchanged your residence during 1954 at a gain and
within one year after (or before) the sale, you purchased
and occupied another residence, none of the gain is taxable
if the cost of the new residence equals or exceeds the ad-
justed sales price of the old residence. See, however, in-
structions below for inforn^iation to be furnished. If in-
stead of purchasing another residence, you begin construc-
tion of a new residence (either one year before or within
one year after the sale of your old residence) and occupy it
not later than 18 months after the sale, none of the gain
upon the sale is taxable if your cost of construction plus
the cost of land (acquired within the period beginning one
year before the sale and ending 18 months after the sale)
equals or exceeds the adjusted sales price of the old residence.
If the adjusted sales price of your old residence exceeds the
cost of your new residence, the gain on the sale is taxable to
the extent of such excess. The adjusted sales price is the
gross selling price less commissions and the expenses for
work performed on the residence in order to assist in its sale,
such as selling and redecorating expenses. Redecorating
expenses, however, must be for work performed during the
90-day period ending on the day on w hich a contract to sell
is entered into, and must be paid within 30 days after date
of sale.
For example, assume yoiu" adjusted sales price is SI 5.000
for a residence \vhich cost you 510,000 and you purchase
a new residence for $14,000. The taxable portion of your
gain is only SI, 000, the diflerence between the adjusted
sales price of your original residence and the purchase
price of the new residence. The nontaxable portion of the
gain of S4,000 ser\es to reduce the basis of the new property.
Therefore in any future transaction its adjusted basis would
be 110,000 (cost of 514,000 less non-taxable gain of §4,000).
Special rules apply if (a) a part of your old or new
residence is used for rental or business purposes, (b) you
sell within one year more than one property used as your
principal residence, (c) the shares of the husband and wife
in the old and new residences are not identical, (d) you
own more than one residence at the same time, or (e) you
acquired your new residence because your old residence
was destroyed by a casualty (such as fire) or condemned.
Consult your Internal Revenue Service office for assistance
in reporting the disposal of such property.
If you sold or exchanged your residence, report the details
of the sale in separate Schedule D. If you do not intend to
replace, or if the period for replacement has passed, report
the details in the year of sale. If you have acquired and
occupied your new residence, enter in coliunn (h) of .Sched-
ule D only the amount of taxable gain, if any, and attach
statement showing the purchase price, date of purchase,
and date of occupancy.
If you have decided to replace, but ha\e not done so, or
if you are undecided, you should enter "None" in coluinn (h)
of Schedule D. When you do replace within the required
period, you must advise the District Director, giving full
details. When you decide not to replace, or the period has
passed, you must file an amended return, if you previously
filed a return. Since any additional tax due will bear in-
terest from the due date of the original return until paid,
it is advisable to file the amended return for the year of sale
as promptly as possible.
The running of the 1-year period or the 18-month period
will be suspended during the time, if any, in which you serve
on active duty in the .'Xrmed Forces after the date of sale of
the old residence and during an induction period, pursuant
to a call or order for an indefinite period or for more than
90 days. This suspension applies only where your service
begins before the end of the 1-year period or the 18-month
period, as the case may be, and cannot extend such period
beyond a date which falls 4 years after the date of sale.
If your residence is destroyed or condemned, or even if
you sell because of the threat of condemnation, you may be
entitled to the benefit of other provisions of law which give
you a longer time in which to buy a new residence. If you
445805 O -57 -8
108
FACSIMILES OF TAX RETURNS FOR 1954
require more information about your particular case, you nuities. The multiples are set out in actuarial tables wWch
should apply to your Internal Revenue Service office. will be furnished by your Internal Revenue Service office
J^onbusiness Bad Debts.— U you fail to collect a personal loan, upon request.
you can list the bad debt as a "short-term capital loss" pro- ''Payment received'^ is the total amount received ior a year
vided the loan was made with a true expectation of collect- under the contract. , , nco
in°- So-called loans to close relatives, which are really in Example: D purchased a life annuity on January 1 1 )b2
thS nature of eifts, must not be listed as deductible losses. for 515,000 which provides for annual payments of 51,200
beginning January 1, 1953. The multiple applicable in
Annuities and Pensions D's case as of January 1, 1954, is 15.0. During the year
, -u , A ;■ . Th^ f„n ^mrinnr of an annuitv or 1953, D received tax-free under the existing tax laws $750
Noncontnbutory Annuities.— Tht full amount ot an annuity or ^ SI 5,000). The amount of each payment
a pension of a retired -7?'°^-' jh-e the em ^ d^d ^^.-""j^'Y;/^ ^ ^,;^^ ^,^J ^^ i„,,^, beginning with
not contribute to the cost ^^J^as not taxable on hi em ^ .^ determined as follows:
plover s contributions, must be included in his gross in- i- /
come. The total of the payments received during his tax- f-sil'^Y^X- -;;,,::: ■.;:•.:;;;;:::;;• $15; 0^ ''■'°"
able year should be shown on line 6, t'art 1 01 Scneauie t. ^ess; Amount recovered tax free in prior years . 750
Other Annuities. — Amounts received from other annuities,
pensions, endowments, or life insurance contracts for a Investment in the contract as of 1/1/54, the annuity
reason other than the death of the insured, whether paid ^Jtanrng ^ate as^ defined^ab<^e . . . . . . . . . .......... . S14, 250
for a fixed number of years or for life, may have a portion r^^^ amount to be excluded based on the formula above:
ofthe payment excluded from gross income. The following $14,250 ,^ -, „. ... ,, corn
types are included under this rule: (a) pensions where the sjg^OOO >< ^''""^ '""^'^ "^""'^ ^""
employee has either contributed to its cost or has been p ^jn include in his income S250 (Sl,200 — S950) in the
taxed on his employer's contributions, (b) amounts paid for yg^^ 1954 g^d each subsequent year as long as he lives,
a reason other than the death of the insured under an ^ . ^ , ^ , , a :•
annuity, endowment, or life insurance contract, and (c) Special Rule for Certain Types of Employees Annuities
amounts paid to a beneficiary, through an option in the There is a special rule provided for amounts received as
policy or otherwise, in installments or in a lump sum under employees' annuities where part of the cost is contributed
a life insurance contract at a date or dates later than the ^y t^e employer and the amount contributed by the employee
insured's death where the death occurred on or after ^,\\\ i^g returned within 3 years from the date (whether or
August 17, 1954. not before January 1, 1954) of the first payment received
Schedule E on Form 1040 and the following instructions under the contract. If both of these conditions are met, then
should enable you to compute the taxable portion of the ^\\ jp,g payments received under the contract are to be ex-
annuity. If you are receiving payments on more than one eluded from gross income until the employee recovers^ his
pension or annuity, fill out a separate schedule for each one. (-qs( (jhe amount contributed by him plus the contributions
General Rule jor Annuities made by the employer on which the employee was previ-
In general, amounts received from annuities and pen- ously taxable); thereafter all amounts received under the
sions are included in income to the extent they exceed the contract are fully taxable. This method of computing tax-
exclusion described below. You may exclude from your able income also applies to employee's beneficiary if em-
income an amount found by using the following formula: ployee died before receiving any annuity or pension payments.
Investment in the contract , • »H Example: An emplovee receives S200 a month under an
___^_--- X payment receivea annuity. While he worked, he contributed $4,925 toward
This formula means that you divide the investment in the cost of the annuity. His employer also made contribu-
the contract by the expected return and multiply the tions toward the cost of the annuity. The retired employee
result by the payment received under the annuity, pension, would be paid 57,200 during his first 3 years, which amount
or contract. Formula terms are explained below. exceeds his contribution of $4,925. Therefore, he excludes
"Investment in the contract" is, in general, the total amount of from gross income all the payments received from the
the premiums or other consideration paid (the amount con- annuity until he has received $4,925. All payments
tributed by you plus the contributions made by your em- received thereafter are fully taxable,
olover on which you were previously taxable) for the con- , ~ , .
tract as of the annuity starting date. This investment must Other Types of Annuities
be reduced by the amounts received under the investment Amounts Received Under Life-insurance Policies By Reason Of
before the annuity starting date to the extent excludable Death. — In general, a lump sum payable at the death of the
from gross income under prior income tax law. The insured under a life insurance policy is excludable from
"annuity starting date" is the first day of the first period for the gross income of the recipient. When, however, the
which a payinent is received as an annuity under the con- beneficiary of a life insurance contract leaves a sum on
tract; except that if the date was before January 1, 1954, deposit with the insurer, and receives interest on it under
then the annuity starting date is considered January 1, 1954. an agreement with the insurer the interest is includible in
"Expected return"— There are two methods for determining its entirety in the beneficiary's gross income. If the bene-
cxpected return depending on the type of contract. ficiary receives, through his option or otherwise, installment
(a) If the contract provides for amounts to be received payments at dates later than the insured s death he or she
for a fixed number of years, then the expected return is the may be taxed on a part of the amount or amounts so received,
total amount of the payments to be received after the Special rules also apply in the case of joint and survivor
annuity starting date. annuities where the first annuitant died in 1951, i;5z, or
(b) If the contract provides for amounts to be received for 1 953; where a refund feature is involved; where amounts are
the life of the annuitant, then the expected return is found received under an annuity, endowment, or life insurance
by multiplying the amount of the annual payment by the contract, if such amount is not received as an annuity; and
multiple applicable to the age and sex of the annuitant as in cases which have not been otherwise explained in the
of the annuity starting date. Special multiples are appli- instructions. See your Internal Revenue Service office for
cable in the case of payments under joint and survivor an- more detailed instructions.
10
FACSIMILES OF TAX RETURNS FOR 1954
109
Rents and Royalties
If you are not engaged in selling real estate to customers
but receive rent from property owned or controlled by you,
or royalties from copyrights, mineral leases, and similar
rights, report the total amount received in Schedule F on
page 2 of Form 1040. If property, other than cash, was
received as rent, its fair market value should be reported.
You are entitled to various deductions which are indi-
cated in Schedule F. In the case of buildings you can de-
duct depreciation, as explained elsewhere in these instruc-
tions. If you have depletion, consult your Internal Revenue
Service office for more detailed information.
You can also deduct all ordinary and necessary expend-
itures on the property such as taxes, interest, repairs, insur-
ance, agent's commissions, maintenance, and similar
items. However, you cannot deduct capital investments or
improvements. For example, a landlord can deduct the
cost of minor repairs but not the cost of major improve-
ments such as a new roof or remodeling.
Expenses, depreciation, and depletion should be listed in
total in the columns provided in Schedule F.
IJ You Rent Part of Tour House, Etc. — If you rent out only part
of your property, you can deduct only a similar portion of
the expenses. For example, if you rent out one-half of your
home, and live in the other half, you can deduct only one-
half of the depreciation and other expenses.
Room rent and other space rentals should be reported as
business income in separate Schedule C if services are ren-
dered to the occupant; otherwise, report such income in
Schedule F. If you are engaged in the business of selling
real estate, you should report rentals received in separate
Schedule C.
Estates and Trusts
If you are a beneficiary of an estate or trust, report in
your personal tax return any of its income which is required
to be distributed to you or which has been paid or credited
to your account for the taxable year. The administrator,
executor, or trustee should advise you what to report.
Include in Schedule G of your return your share of such
income (whether actually received by you or not) of an
estate or trust for its taxable year which ends with or within
the year covered by your return. Subtract from your share
of such income any depreciation on estate or trust property
which is allocable to you and show the net amount (or
loss). There may be distributions (other than ordinary
income) by an estate or trust, such as capital gains, dividends,
etc., which are properly reportable in other schedules in
your return. The fiduciary should advise you of such items
requiring this special treatment.
Other Income
If you cannot find any specific place on your return to list
certain types of income, you should report it in Schedule G,
page 2. This is the proper place to report amounts received
as alimony, support, prizes; or recoveries of bad debts, ta.\es,
etc., which reduced your tax in a prior year.
Depreciation
The law does not allow you to deduct the full cost of your
capital investments or improvements in the year made in
figuring your profits from rents, royalties, businesses and
professions. For most property with a life longer than one
year, with the exception of land, the law provides for a de-
duction from gross income called "depreciation" as the
method of recovering your cost (less any salvage value) over
the useful life of the asset.
What is "Usejul Lije"? — The useful life of an asset can be
measured in units of production or machine hours (for
machinery), in miles of operation (for automotive equip-
ment), etc., but the ordinary practice is to measure useful
life in years. Business experience, engineering information,
and other relevant factors provide a reasonable basis for
estimating the useful life of property. For your guidance,
comprehensive tables of "average useful lives" of various
kinds of buildings, machines, and equipment in many
industries and businesses have been published in a booklet
called Bulletin F, which you can buy for 30 cents from the
Superintendent of Documents, Government Printing Office,
Washington 25, D. C.
Figuring the Deduction — Straight Line Method. — The most
common method of computing depreciation is the "straight-
line" method. It allows for the deduction of cost in equal
annual amounts over the useful life of the property, with
only salvage value remaining at the end of its useful life.
To figure the deduction add the cost of improvements to
the cost (or other basis) of the asset and deduct both the
estimated salvage value and the total depreciation allowed
or allowable in past years. Divide the result by the number
of years of useful life remaining to the asset — the answer
is the depreciation deduction.
Special Rules for Mew Assets Acquired After December 31, 1953. —
New assets acquired by the taxpayer after 1953 and the
portion of the basis of property attributable to construc-
tion or reconstruction by the taxpayer after 1953 may be
depreciated under methods proper in the past or under
additional methods provided in the new law. These
methods (which may be employed only with respect to tan-
gible assets having a useful life of three years or more) are —
(a) "Declining balance method." — The deduction is com-
puted by applying a uniform rate to the cost or other basis
of the asset reduced by depreciation previously allowed or
allowable. This rate cannot exceed twice the straight line
rate computed without regard to salvage value.
(b) "Sum of the years-digits method." — The deduction is the
cost or other basis of the asset (reduced by estimated salvage
value) multipled by the number of years of useful life re-
maining to it (including the year of the deduction) divided
by the sum of all the digits corresponding to the years of
the asset's estimated useful life (in the case of a 3-year life
such sum would be 6, that is 1-1-2+3).
(c) "Other methods." — Other methods may be employed
subject to special limitations; for details consult your Inter-
nal Revenue Service office.
Accotwting Methods and Records
Your return must be on the "cash method" unless you
keep books of account. "Cash method" means that all
items of taxable income actually or constructively received
during the year (whether in cash or in property or services)
and only those amounts actually paid during the year for
deductible expenses are shown. Income is "constructively"
received when it is credited to your account or set aside
for you and may be drawn upon by you at any time.
Uncashed salary or dividend checks, bank interest credited
to your account, matured bond coupons, and similar items
which you can immediately turn into cash are "construc-
tively received" even though you have not actually con-
verted them into cash.
An "accrual method" means that you report income when
earned, even if not received, and deduct expenses when
incurred, even if not paid within the taxable period.
If you keep accounting records, your return must be on
the same method as your records. The method used in
keeping your records may be the cash receipts and dis-
bursements method, or an accrual method, so long as in-
come is clearly reflected. However, in most cases you must
secure consent of the Commissioner before changing your
accounting method.
11
110
FACSIMILES OF TAX RETURNS FOR 1954
HOW TO CLAIM NONBUSINESS DEDUCTIONS
Contributions
If you itemize deductions on a Long-Form 1040, you can
deduct gifts to religious, charitable, educational, scientific,
or literary organizations, and organizations for the pre-
vention of cruelty to children and animals, unless the organi-
zation is operated for personal profit, conducts propaganda
or otherwise attempts to influence legislation, or partici-
pates or intervenes in any political campaign on behalf
of any candidate for public office. You can deduct
gifts to fraternal organizations if they are to be used
for charitable, religious, etc., purposes. You can also
deduct gifts to veterans' organizations, or to a governmental
agency which will use the gifts for public purposes. A
contribution may be made in money or property (not
services). If in property, it is measured by the fair market
value of the property at the time of contribution.
For the contribution to be deductible, the recipient of the
contribution must have been organized or created in the
United States or its possessions, or under our law. The
law does not allow deductions for gifts to indi\ iduals, or to
Other types of organizations, however worthy.
In general, the deduction for contributions may not
e.^ceed 20 percent of your adjusted gross income.
L'nder the new law, there is a special additional deduction
of up to 10 percent for contributions made to churches, a
convention or association of churches, tax-e.xempt educa-
tional institutions, and ta.x-e.xempt hospitals, which must
be computed as explained below. If all your contributions
were to these churches, schools, and hospitals, you can deduct
up to 30 percent of your adjusted gross income. To com-
pute the deduction for contributions you should first figure
the contributions to these special institutions to the extent
of 10 percent of your adjusted gross income and the
amount in excess of 10 percent should be added to the other
contributions to which the 20 percent limitation applies.
Attach a schedule showing this computation.
While you can deduct gifts to the kind of organizations
listed below, you cannot deduct dues or other payments
to them for which you receive personal benefits. For
example, you can deduct gifts to a YMCA but not dues.
Some examples of the treatment of contributions are:
You CAN Deduct Cijts To:
Churches, including assessments
Salvation Army
Red Cross, community chests
Nonprofit schools and hospitals
Veterans' organizations
Boy Scouts, Girl .Scouts, and
other similar organizations
Nonprofit organizations pri-
marily engaged in conducting
research or education for the
alleviation and cure of diseases
such as tuberculosis, cancer,
multiple sclerosis, muscular
dystrophy, cerebral palsy,
poliomyelitis, and diseases of
the heart, etc.
Social clubs
Labor unions
Chambers of commerce
Propaganda organizations
i'ou CANNO T Deduct Gtjts To:
Relatives, friends, other indi-
viduals
Political organizations or caifdi-
dates
Interest
If you itemize deductions on a Long-Form 1040, you
can deduct interest you paid on your personal debts, such
as bank loans or home mortgages. Interest paid on
business debts should be reported in separate Schedule C
or Schedule F, page 2, of Form 1040. Do not deduct
interest paid on money borrowed to buy tax-exempt
securities or single-premium life insurance. Interest paid
on behalf of another person is not deductible unless you were
legally liable to pay it. In figuring the interest paid on a
mortgage on your home or on an installment contract for
goods for your personal use, eliminate such items as carry-
ing charges and insurance, which are not deductible, and
12
taxes which may be deductible but which should be item-
ized separately.
The new law provides a deduction for interest paid for
purchasing personal property (such as automobiles,
radios, etc.) on the installment plan where the interest
charges are not separately stated from other carrying
charges. This deduction is equal to 6 percent of the
average unpaid monthly balance under the contract.
Compute the average unpaid monthly balance by adding
up the unpaid balance at the beginning of each month
during the year and dividing by 12. The interest deduc-
tion may not exceed the portion of the total carrying
charges attributable to the taxable year.
You CAN Deduct Interest On:
A life insurance loan, if you pay
the interest in cash
Delinquent taxes
enforceable obligation
A life insurance loan, if interest
is added to the loan and you
report on the cash basis
Vour personal note to a bank or
an individual
A mortgage on your home
You CANNO T Deduct Interest On:
Indebtedness of another person,
when you are not legally liable
for payment of the interest
A gambling debt or other non-
Taxes
If you itemize deductions on a Long-Form 1040, you can
deduct most non-Federal taxes paid by you. You can
deduct State or local retail sales taxes if under the laws
of your State they are imposed directly upon the consumer,
or if they are imposed on the retailer (or wholesaler in
case of gasoline taxes) and the amount of the tax is sepa-
rately stated by the retailer to the consumer. In general,
you cannot deduct taxes assessed for pavements or other
local improvements, including front-foot benefits, which
tend to increase the value of your property. Consult vour
Internal Revenue Service office for circumstances under
which local improvement taxes iriay be deducted. If you
paid foreign taxes you may be entitled to a credit against
your tax rather than a deduction froin income.
Do not deduct on page 3 any nonbusiness Federal taxes, or
any taxes paid in connection with a business or profession
which are deductible in Schedule F or separate Schedule C.
You CAN Deduct:
Auto license fees
State capitation or poll taxes
State gasoline ta.xes
Hunting licenses, dog licenses
Auto inspection fees
Water taxes
Taxes paid by you for another
person
Personal property tcixes
Real estate taxes
State income taxes
State or local retail sales ta.xes
You CANNO T Deduct:
Any Federal excise taxes on your
personal expenditures, such as
taxes on theater adiTilssions,
furs, jewelry, cosmetics, rail-
road tickets, telephone, etc.
Federal social security taxes
Casualty Losses and Thefts
If you itemize deductions on a Long-Form 1040, you
can deduct your net loss resulting from the destruction of
your property in a fire, storm, automobile accident, ship-
wreck, or other losses caused by natural forces. Damage
to your car by collision or accident can be deducted if due
merely to negligent driving but cannot be deducted if due
to your willful act or your willful negligence. You can
also deduct in the year of discovery losses due to theft, but
not losses due to inislaying or losing articles.
You should determine the amount of any casualty loss by
comparing the fair market value of the property just before
and just after the casualty. This loss or the acJjusted basis
of the property, whichever is lower, should then be reduced
by any insurance or other reimbursement to arrive at
your deductible loss. Explain in attached statement.
If your 1954 casualty losses exceed your 1954 income, the
excess may be carried back as a "net operating loss" to
offset your income for 1952. If the loss carried back
FACSIMILES OF TAX RETURNS FOR 1954
111
exceeds your 1952 income, the excess may be used to
offset your 1953 income. Any remaining excess may be
carried over to the years 1955-1959, inclusive.
Tou CAN Deduct Losses On:
Property such as your home, is stolen from you
clothing, or automobile de- Loss or damage of property by
stroyed or damaged by fire flood, lightning, storm, explo-
Property, including cash, which sion, or freezing
rou CANNO T Deduct Losses On:
Personal injury to yourself or transit
another person Damage by rust or gradual ero-
Accidental loss by you of cash or sion
other personal property Animals or plants damaged or
Property lost in storage or in destroyed by disease
Medical and Dental Expenses
If you itemize deductions on a Long-Form 1040 you can
deduct, within the limits described below, the amount you
paid during the year (not compensated for by hospital,
health or accident insurance) for inedical or dental expenses
for yourself, your wife, or any dependent who received over
one-half of his support from you. If you pay medical
expenses for a dependent who gets over half of his support
from you, you can deduct the payments even though you
are not entitled to a deduction for an exemption for that
dependent because he had more than $600 of gross income.
You can deduct amounts paid for the prevention, cure,
correction, or treatment of a physical or mental defect or
illness. If you pay someone to perform both nursing and
domestic duties, you can deduct only that part of the cost
which is for nursing.
You can deduct the cost of transportation primarily for
and essential to medical care, but you cannot deduct any
other travel expense even if it benefits your health. Meals
and lodging may not be treated as medical expense while
away from home receiving medical treatment unless they
arc part of a hospital bill.
Figuring the Deduction. — You can deduct only those medical
and dental expenses which exceed 3 percent of your ad-
justed gross income. However in figuring these expenses,
the amount paid for medicine and drugs may be taken into
account only to the extent it exceeds 1 percent of your
adjusted gross income, item 6, page 1 . There is a schedule
provided on page 3 to make this computation.
Limitations. — The deduction mav not exceed $2,500 mul-
tiplied by the number of exemptions other than the
exemptions for age and blindness. In addition there is a
maximum limitation as follows:
(a) $5,000 if the taxpayer is single and not a head of
household or a qualifying surviving widow or widower;
(b) $5,000 if the taxpayer is married but files a separate
return; or
(c) $10,000 if the taxpayer files a joint return, or is a head
of household or a qualifying surviving widow or widower.
Special Rule For Persons 65 Or Over. — If either you or your wife
were 65 or over, the maximum limitation for amounts spent
is the same as set out above. However, amounts deductible
for medical and dental expenses for you and your wife are
not restricted to the excess over 3 percent of your adjusted
gross income. In effect, the 3 percent rule may be disre-
garded. But the amounts spent by you for your medicine
and drugs are still limited to the excess of 1 percent of your
adjusted gross income, and amounts spent by you for your
dependents' medical expenses are deductible only to the
extent they exceed 3 percent of your adjusted gross income.
Special Rule For Decedents. — In the case of a decedent, ex-
penses for medical care may be treated as paid by the
decedent at the time incurred, if such expenses are paid
from his estate within one year after his death, and provided
they are not deducted in computing the decedent's taxable
estate for Federal estate tax purposes. If the expenses are
allowable for estate tax purposes, but it is preferred to
deduct them for income tax purposes, there must be filed
with the Form 1040 a statement that this amount has not
been claimed in the estate tax return, and a waiver of the
right to have this amount allowed at any time for estate tax
purposes.
Any expense claimed as a deduction for the care of chil-
dren and certain other dependents should not be included
in your computation of the deduction for medical expense.
Tou C.iJV Deduct Payments To or For:
Doctors, dentists, nurses, and hos- cal or surgical appliances,
pitals braces, etc.
Drugs or medicines X-ray examinations or treatment
Transportation necessary to get Premiums on health and accident
medical care insurance, and hospital or med-
Eyeglasses, artificial teeth, medi- ical insurance
t'ou C.iJV.UO T Deduct Payments For:
Funeral expenses Travel ordered or suggested by
Cemetery plot your doctor for rest or change
Illegal operations or drugs Premiums on life insurance
Expenses For the Care of Children and Certain
Other Dependents
Generally, there is allowed a deduction not to exceed a
total of $600 for expenses paid by a woman or a widower
(including men who are divorced or legally separated
under a decree and who have not remarried) for the care of
one or more dependents if such care is to enable the tax-
payer to be gainfully employed or actively to seek gain-
ful employment. For this purpose, the term "dependent"
is limited to the following persons for whom the taxpayer
is entitled to a deduction for an exemption:
(a) a child or stepchild of the taxpayer who is under
12 years of age; or
(b) a person who is physically or mentally incapable of
caring for himself, regardless of age.
The deduction is not allowable to the extent the payments
are made to an individual who the taxpayer claims as a
dependent.
In the case of a woman who is married, the deduction is
allowed only if she files a joint return with her husband;
and the deduction is reduced by the amount (if any) by
which their combined adjusted gross income exceeds $4,500.
If the husband is incapable of self-support because mentally
or physically defective these two limitations do not apply.
If the person who receives the payment performs duties
other than dependent care, only that part of the payment
which is for the dependent's care may be deducted.
Miscellaneous
If you itemize deductions on a Long- Form 1040, you can
deduct several other types of expenses under the heading
"miscellaneous."
If you work for wages or a salary, you can deduct the
ordinary and necessary expenses which you incur for your
employer's benefit and which have not been claimed on
page 1. For example, if your job requires you to furnish
small tools, you can deduct the cost of such tools.
You CAN Deduct Cost OJ:
Safety equipment Entertaining customers
Dues to union or professional Tools and supplies
societies Fees to employment agencies
Tou CANNO T Deduct Cost OJ:
Travel to and from work Bribes and illegal payments
Entertaining friends Educational expenses
You can deduct all ordinary and necessary expenses
connected with the production or collection of income, or
for the management or protection of property held for the
production of income.
If you are divorced or legally separated and are making
periodic payments of alimony or separate maintenance
under a court decree, you can deduct these amounts.
13
112
FACSIMILES OF TAX RETURNS FOR 1954
Periodic payments made after August 16, 1954, under either
(a) a written separation agreement entered into after that
date or (b) a decree for support entered after March 1, 1954,
are also deductible. Such payments must be included in
the wife's income. However, you cannot deduct lump-sum
settlements, specific maintenance payments for support of
minor children, or any voluntary payments not under a
court order or a written separation agreement.
You may not deduct gambling losses in excess of gam-
bling winnings. If you are a tenant-stockholder in a co-
operative housing corporation, you can deduct your share
of its payments for interest and real-estate taxes.
Declarations of Estimated Tax
For many taxpayers the withholding tax on wages is not
sufiicient to keep them paid up on their income tax. The
law requires every individual (including an alien who is a
resident of Puerto Rico during the entire taxable year) to
file a Declaration of Estimated Tax, Form 1040-ES, and to
make quarterly payments in advance of filing the annual
income tax return if:
(a) his gross income can reasonably be expected to con-
sist of wages subject to withholding and of not more than
$100 from other sources and to exceed —
(1) S5,000 for a single individual who is not a head of
household or a surviving widow or widower or for a married
individual not entitled to file a joint declaration;
(2) S10,000 for a head of household or a surviving widow
or widower; or
(3) $5,000 for a married person entided to file a joint
declaration and the total income for both husband and
wife can reasonably be expected to exceed $10,000; or
(b) his gross income can reasonably be expected to
include more than $100 from sources other than wages
and to exceed the sum of $600 multiplied by the number of
exemptions plus $400.
The District Director will mail Form 1040-ES, as far as is
practical, to each person who may need it. Anyone else
required to file should obtain the form from an Internal
Revenue Service office in time to file by April 15, 1955.
Farmers may postpone filing their declarations for 1955,
until January 15, 1956.
HOW TO FIGURE YOUR TAX
Using the Tax Table.— To relieve the average ta.xpayer
from computing the tax, the law provides a table which
shows the correct tax for any income up to $5,000. If you
file a Short-Form 1040, use the Tax Table on page 16, to
determine your tax. The table is based on the same rates
used in a Long-Form 1040 computation. If your actual
deductions are larger than 10 percent of your income, you
may file a Long-Form 1040 and claim them.
Making a Long-Form Computation. — To figure your tax on
the amount on either line 5 or line 7(a), page 3, of Long-
Form 1040, use the schedule below.
1954 Tax Rate Schedule
I FOR ALL TAXPAYERS EXCEPT UNMARRIED (OR
LEGALLY SEPARATED) PERSONS QUALIFYING AS HEAD
OF HOUSEHOLD
// the amount on line 5 or 7 {a) is: Enter on line 6 or 7 ib):
Not over $2,000 20"; of the amount on line 5 or 7 (a)
Over $2,000 but not over $4,000. . . .$400, plus 22^:; of excess over $2,000
Over $4,000 but not over $6,000 $840, plus 26% of excess over $4,000
Over $6,000 but not over $S,000. . . .$1,360, plus 30'-c of excess over $6,000
Over $8 000 but not over $10,000. , .$1,960, plus 34<-c of excess over $8,000
Over $10,000 but not over $12,000. $2,640, plus 38% of excess over $10,000
Over $12 000 but not over $14,000. .$3,400, plus 43% of excess over $12,000
$4,260, plus 47% of excess over $14,000
$5,200, plus 50%, of excess over $16,000
$6,200, plus 53% of excess over $18,000
^„. ^^^^^ . „ $7,260, plus 56% of excess over $20,000
Over $22^000 but not over $26,000 . .$8,380, plus 59% of excess over $22,000
Over $26,000 but not over $32,000 . .$10,740, plus 62% of excess over $26,000
Over $32,000 but not over $38,000 . $14,460, plus 65% of excess over $32,000
Over $38,000 but not over $44,000. .$18,360, plus 69%. of excess over $38,000
Over $44,000 but not over $50,000 . $22,500, plus 72% of excess over $44,000
Over $50,000 but not over $60,000 $26,820, plus 75% of excess over $50,000
Over $60,000 but not over $70,000 . .$34,320, plus 78% of excess over $60,000
Over $70,000 but not over $80,000. .$42,120, plus 81% of excess over $70,000
Over $80,000 but not over $90,000. ,$50,220, plus 84% of excess over $80,000
Over $90,000 but not over $100,000 $58,620, plus 87% of excess over $90,000
Over $100,000 but not over $150,000 $67,320, plus 89% of excess over $100,000
Over $150,000 but not over $200,000 $111,820, plus 90% of excessover$150,000
Over $200,000 $156,820, plus 91%ofe.xcessovcr $200,000
Over $14,000 but not over $16,000
Over $16,000 but not over $18,000
Over $18,000 but not over $20,000
Over $20,000 but not over $22,000
IL OSLY FOR UNMARRIED (OR LEGALLY SEPARATED)
TAXPAYERS WHO QUALIFY AS HEAD OF HOUSEHOLD
1/ the amount on line 5 is:
Not over $2,000
Over $2,000 but not over $4,000
Over $4,000 but not over $6,000 ....
Over $6,000 but not over $8,000 ....
Over $8,000 but not over $10,000 . . .
Over$10,000butnotover$12,000. .
Over$12,000butnotover$14,000. .
Over $14,000 but not over $16,000. .
Over$16,000butnotover$18,000. .
Over $1 8,000 but not over $20,000 . .
Over $20,000 but not over $22,000 . .
Over $22,000 but not over ^24,000 . .
Over $24,000 but not over $28,000 . .
Over $28,000 but not over $32,000 . .
Over $32,000 but not over $38,000. .
Over $38,000 but not over $44,000 . .
Over $44,000 but not over $50,000 . .
Over $50,000 but not over $60,000 . .
Over $60,000 but not over $70,000 . .
Over $70,000 but not over $80,000 . .
Over $80,000 but not over $90,000 , .
Over $90,000 but not over $100,000 .
Over $100,000 but not over $1 50,000
Over $150,000 but not over $200,000
Over $200,000 but not over $300,000
Over$300,000
Enter on line 6:
20% of the amount on line 5-
$400, plus 21% of excess over $2,000
, $820, plus 24% of excess over $4,000
.$1,300, plus 26% of excess over $6,000
. $1 ,820 , pi us 30% of excess over $8,000
. $2,420, plus 32% of excess over $10,000
. $3,060, pi us 36% of excess over $12,000
. $3,780, plus 39% of excess over $14,000
. $4,560, plus 42%, of excess over $16,000
. $5,400, plus 43% of excess over $18,000
. $6,260, plus 47% of excess over $20,000
. $7,200, plus 49% of excess over $22,000
.$8,180, plus 52% of excess over $24,000
.$10,260, plus 54%, of excess over $28,000
. $12,420, plus 58% of excess over $32,000
. $15,900, plus 62% of excess over $38,000
.$19,620, plus 66% of excess over $44,000
. $23,580, plus 68% of excess over $50,000
. $30,380, plus 71% of excess over $60,000
. $37,480, plus 74% of excess over $70,000
. $44,880, plus 76%, of excess over $80,000
, $52,480, plus 80%, of excess over $90,000
$60,480, plus 83% of excess over $100,000
$101,980, plus 87%, of excessover$150,000
$145,480, plus 90% of excessover $200,000
$235,480, plus 91%of excess over $300,000
Credits Against Tax
Credit For Foreign Taxes. — If you claim credits for such taxes,
you should submit with your return Form 1116 which con-
tains a schedule for the computation of the credit with
appropriate instructions. This form may be obtained from
your Internal Revenue Service office.
Credit For Partially Tax-Exempt Interest. — If you itemize your
deductions, you may deduct on line 11, page 3, a credit
for partially tax-exempt interest. This credit is 3 percent
14
of the partially tax-exempt interest included in gross
income. See instructions on page 7 for the type of
securities for which a credit is allowed. The credit may
not exceed the lesser of (a) 3 percent of the taxable income
(line 5, page 3, Form 1040, or line 20, separate Schedule D
(twice line 20 in the case of a joint return or the return of a
surviving widow or widower), whichever is applicable) for
the taxable year or (b) the amount of tax less the credit
for taxes paid to foreign countries and possessions of the
U. S. and the credit for dividends received.
FACSIMILES OF TAX RETURNS FOR 1954
113
Credit For Dividends Received. — ^The new law provides a
credit against tax for dividends received from domestic
corporations after July 31, 1954. This credit is equal to
4 percent of the dividends in excess of those which you
may exclude from your gross income (see page 7). The
credit may not exceed the lesser of:
(a) the total income tax reduced by the foreign tax
credit; or
(b) 2 percent of the taxable income (4 percent for tax-
able years ending after December 31, 1954).
Schedule J has been provided to compute the dividend
credit. Dividends from certain types of corporations do
not qualify for either the credit for dividends received or
for the exclusion previously explained. These corporations
are the same corporations as those listed on page 7
under the explanation of the dividend exclusion. The
credit does not apply to a nonresident alien who is not
engaged in trade or business in the United States and whose
gross income from sources within the United States is not
more than $15,400.
Example: Assume a single individual with no dependents
had gross income consisting of salary of S3, 300 and divi-
dends of S3,050 received from domestic corporations after
July 31, 1954 (S50 of the dividends are excluded from gross
income). The credit is computed as follows:
Adjusted gross income (83,000 + 83,300) 86, 300
Standard deduction 630
S5, 670
One exemption 600
Taxable income 85, 070
Tax before credit $1, 118. 20
Dividends received credit; 4 percent of 83,000 or 8120 but
limited to 2 percent of 85,070 or 101. 40
Net tax liability 81,016.80
Credit For Retirement Income. — Under the new law you may
qualify for a retirement income credit if you received earned
income in excess of S600 in each of any 10 calendar years —
not necessarily consecutive — before the beginning of your
taxable year. If you qualify, you are entitled to a credit
for retirement income you are now receiving. If your
deceased husband (or wife) would qualify for this credit, if
living, you may claim the credit even though you did not
meet the earnings test. If a husband and wife both qualify
and each has retirement income, each one is entitled to
the credit.
The credit is 20% of the retirement income (as defined
below) with a maximum limit of S240 for each qualified
individual. The credit may not exceed your tax (item 7,
page 1) reduced by the dividends received credit in item
8A, page 1. Schedule K of the return is provided to make
this computation.
Retirement income for the purpose of the credit means —
(a) In the case of an individual who is 65 years of age or
over before the close of his taxable year, income from pen-
sions, annuities, interest, rents, and dividends, which were
included in gross income in your return. (Gross income
from rents for this purpose means gross receipts from rents
without reduction for depreciation or any other expenses.)
(b) In the case of an individtial who is not 65 years of
age before the close of his taxable year, only that income
received from pensions or annuities under a public retire-
ment system (one established by the Federal Government,
a State, county, city, etc., but not including one estab-
lished by the United States for members of the Armed
Forces).
The amount of the retirement income used for the credit
computation may not exceed SI, 200 reduced by:
(a) any amount received and excluded from gross
income as a pension or annuity under the Social Security Act
and Railroad Retirement Acts and by tax-exempt pensions
or annuities. This reduction does not include that part of
a pension or annuity which is excluded from gross income
because it represents, in effect, a return of capital or tax-free
proceeds of a like nature. Moreover, this reduction does
not include amounts excluded from gross income which are
received as compensation for injuries or sickness or under
accident or health plans; and
(b) in the case of any individual who is not 75 before the
close of the taxable year, any amount of earned income in
excess of $900 received in the taxable year.
Example: Assume that a qualified individual, who is
married and over 65 but not 75, has the following items
of income for 1954:
Dividend income after exclusion 8700
Pension under the Railroad Retirement Act (entirely ex-
cludable from gross income) 500
Disability payments under a workmen's compensation act
(entirely excludable from gross income) 400
Rental income (Gross) 600
Earned at odd jobs 1 , 200
The credit is computed as follows:
Retirement income includes —
Dividend income 8700
Rental income 600
Total retirement income 81, 300
But the retirement income is limited to 81, 200
Less:
Railroad retirement pension 8500
Earned income in excess of 8900(81,200-8900)... 300 8800
Base for computation of credit 8400
Retirement income credit 20 percent of 8400 880
Credit For Withholding Tax. — Itemize the taxes withheld in
item 2, page 1, and report the total amount as item 12A,
page 1 . If you have lost any Withholding Statement, ask
your employer for a copy. If you cannot furnish With-
holding Statements for all taxes withheld from you, attach
an explanation]
Credit For F. I. C. A. Ta.x.—\i more than $72 of F. I. C. A.
(Social Security) employee tax was withheld during 1954
because you received wages from more than one employer, the excess
should be claimed as a credit against income tax. Enter
any excess of F. I. C. A. tax withheld over $72 in the
"Income Tax Withheld" column of item 2, page 1, and
write "F. I. C. A. tax" in the "Where Employed" column.
If a joint return compute the credit separately.
Credit For Estimated Tax Payments. — If you paid any esti-
mated tax on a Declaration of Estimated Tax (Form
1040-ES) for 1954, report the total of such payments as
item 12B on page 1. If on your 1953 return you had an
overpayment which you chose to apply on your 1954 tax
include this in item 12B.
Bjlance Of Tax Or Refund.— After figuring your tax either
from the Tax Table or from the long-form computation,
enter the amount as item 7, page 1. Enter as item 1()
the amount of your self-employment tax shown on line
35, separate Schedule C. Show as item 1 3 any balance you
owe, or as item 14 the amount of any overpayment due you,
after taking credit for the amounts entered as item 12.
15
114
FACSIMILES OF TAX RETURNS FOR 1954
TAX TABLE FOR CALENDAR YEAR 1954
FOR PERSONS WITH INCOMES UNDER $5,000 NOT COMPUTING TAX ON PAGE 3 OF FORM 1040
Read down the shaded columns below until you find the line covering the a-iiusted jross income you entered In Item 6, page 1, Form 1040. Then read across to the appropriate
column headed hy the number corresponding to the number ot exemptions claimed in item IE, page 1. Enter the In you find there in Item 7, page 1.
And Ihe number ol exemptions
claimed in item IE, page 1, is—
If total income in
item 6. page I, is—
If total income in
item 6, page 1 , is-
At least
»0
675
700
725
750
775
800
825
850
875
900
925
950
975
1,000
1,025
1,050
1,075
1.100
1,12^
1,150
1,175
1,200
1,225
1, 250
1,275
1,300
1.325
1,350
1,375
1,400
1,425
1,450
1,475
1,500
1,525
1,550
1,575
1.600
1,625
1,650
1,675
1,700
1,725
1,750
1,775
1,800
1,825
1,850
1,875
1,900
1,925
1.950
1,975
2,000
2,025
2.050
2,075
2,100
2, 125
2,150
2,175
2,200
2,225
2.250
2,275
2.300
But less
than
$675
700
725
750
775
800
825
850
875
900
925
950
975
1,000
1,025
1,050
1,075
1, 100
1,125
1,150
1, 175
1,200
1,225
1.250
1,275
1,300
1,325
1,350
1,375
1,400
1,425
1,450
1,475
1,500
1,525
1,550
1,575
1,600
1,625
1,650
1,675
1.700
1,725
1,750
1,775
1,800
1,825
1,850
1,875
1,900
1,925
1, 950
1,975
2,000
2,025
2,050
2,075
2,100
2,125
2, 150
2,175
2.200
2,225
2,250
2,275
2,300
2,325
SO
4
8
13
17
22
26
31
35
40
44
49
53
58
62
67
71
76
80
85
89
94
98
103
107
112
116
121
125
130
134
139
143
148
152
157
161
166
170
175
179
184
188
193
197
202
206
211
215
220
224
229
233
238
242
247
251
256
260
265
269
274
278
283
287
292
296
4 or
more
$0
SO
0
0
0
0
0
0
0
0
0
u
0
0
0
0
0
0
0
0
0
0
0
u
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
5
0
10
0
14
0
19
0
23
0
28
0
32
0
37
0
41
0
46
0
50
0
55
0
59
0
64
0
68
0
73
0
77
0
82
0
86
0
91
0
95
0
100
0
104
0
109
0
113
0
118
0
122
2
127
7
131
11
136
16
140
20
145
25
149
29
154
34
158
38
163
43
167
47
172
52
176
56
SO
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
At least
$2, 325
2, 350
2,375
2,400
2,425
2,450
2,475
2,500
2,525
2,550
2,575
2,600
2.625
2,650
2,675
2,700
2,725
2.750
2,775
2,800
2,825
2,850
2,875
2,900
2,925
2.950
2,975
3,000
3,050
3,100
3, 150
3,200
3, 250
3,300
3,350
3,400
3,430
3,500
3,550
3,600
3,650
3,700
3,750
3,800
3,850
3,900
3,950
4,000
4,050
4,100
4, 150
4,200
4,250
4,300
4,350
4,400
4,450
4,500
4,550
4,600
4,650
4,700
4,750
4, 800
4,850
4,900
4,950
But less
than
$2, 350
2,375
2,400
2,425
2.450
2,475
2.500
2,525
2.550
2,575
2,600
2,625
2,650
2.675
2,700
2,725
2,750
2,775
2,800
2,825
2,850
2.875
2,900
2,925
2,950
2,975
3,000
3, 050
3. 100
3, 150
3,200
3.250
3.300
3,350
3,400
3,450
3,500
3,550
3,600
3,650
3,700
3,750
3,800
3,850
3,900
3,950
4,000
4,050
4, 100
4, 150
4.200
I 4. 250
! 4, 300
4,350
4,400
4,450
i 4,500
4. .550
i 4,600
4,650
! 4.700
: 4,750
4.800
4,850
4,900
4,950
5,000
A
nd the number of
exemptions daime
d in item IE. page
1. is-
1
2
3
And you are —
And you are —
And you are-
Single
Single
•
Single
•
cr a
An un-
Of a
An un-
A
or a
An un-
A
4
5
6
7
married
married
married
married
married
married
married
married
person
head of
person
head of
couple
person
head of
couple
filing
a house-
filing
a house-
filing
hiing
a house-
filing
sepa-
hold
sepa-
hold
jointly
sepa-
hold
jointly
rately
rately
rately
$301
305
310
314
319
323
328
332
337
341
346
3.50
355
359
364
308
373
377
382
3S6
391
395
400
405
410
415
420
427
437
447
457
467
476
486
496
506
516
526
536
546
556
566
575
585
595
605
615
625
635
645
655
665
674
684
694
704
714
724
734
744
754
764
773
783
793
803
813
$301
$181
.SlSl
SlSl
$61
$61
S61
$0
$0
$0
SO
305
185
185
185
65
65
65
0
0
0
0
310
190
190
190
70
70
70
0
0
0
0
314
194
194
194
74
74
74
0
0
0
0
319
199
199
199
79
79
79
0
0
0
0
323
203
203
203
83
83
83
0
0
0
0
328
208
20S
208
88
88
88
0
0
0
0
332
212
212
212
92
92
92
0
0
0
0
337
217
217
217
97
97
97
0
0
0
0
341
221
221
221
101
101
101
0
0
0
0
i 346
226
226
226
106
106
106
0
0
0
0
350
230
230
230
110
110
110
0
0
0
0
355
235
235
235
115
115
115
0
0
0
0
' 359
239
239
239
119
119
119
0
0
0
0
i 364
244
244
244
124
124
124
4
0
0
0
; 368
248
248
248
128
128
128
8
0
0
0
i 373
253
253
253
133
133
133
13
0
0
0
; 377
257
257
257
137
137
137
17
0
0
0
i 382
262
262
262
142
142
142
22
0
0
0
; 386
266
266
266
146
146
146
26
0
0
0
i 391
271
271
271
151
151
151
31
0
0
0
i 395
275
275
275
155
155
155
35
0
0
0
i 400
280
280
280
160
160
160
40
0
0
0
: 404
284
284
284
164
164
164
44
0
0
0
: 409
289
289
289
169
169
169
49
0
0
0
i 414
293
293
293
173
173
173
53
0
0
0
1 419
298
298
298
178
178
178
58
0
0
0
• 426
305
305
305
185
185
185
65
0
0
0
! 435
314
314
314
194
194
194
74
0
0
0
445
323
323
323
203
203
203
83
0
0
0
i 454
332
332
332
212
212
212
92
0
0
0
i 464
341
341
341
221
221
221
101
0
0
0
• 473
350
350
3.50
230
230
230
110
0
0
0
i 482
359
359
359
239
239
239
119
0
0
0
i 492
368
368
368
248
248
248
128
8
0
0
i 501
377
377
377
257
257
257
137
17
0
0
; 511
386
386
386
266
266
266
146
26
0
0
i 520
395
395
395
275
275
275
155
35
0
0
i 530
404
404
404
284
284
284
164
44
0
0
i 539
414
413
413
293
293
293
173
53
0
0
i 549
424
423
422
302
302
302
182
62
0
0
1 558
434
432
431
311
311
311
191
71
0
0
i 567
443
441
440
320
320
320
200
80
0
0
: 577
453
451
449
329
,329
329
209
89
0
0
i 586
463
460
458
338
338
338
218
98
0
0
i 596
473
470
467
347
347
347
227
107
0
0
i 605
483
479
476
356
356
356
236
116
0
0
i 615
493
489
485
365
365
365
245
125
3
0
: 624
503
498
494
374
374
374
2.54
134
14
0
i 634
513
508
503
383
3S3
383
263
143
23
0
! 643
523
517
512
392
392
■ 392
272
152
32
0
i 653
533
527
521
401
401
i 401
281
161
41
0
• 662
542
536
530
410
410
i 410
290
170
50
0
! 671
552
545
539
420
■ 419
419
299
179
59
0
i 681
562
555
548
430
429
428
308
188
68
0
; 690
572
564
557
440
438
437
317
197
77
0
; 700
582
574
566
450
448
' 446
326
206
86
0
• 709
592
583
575
460
457
■ 455
335
215
95
0
i 719
602
593
584
470
467
■ 464
344
224
104
0
1 728
612
602
593
480
476
. 473
353
233
113
0
1 738
622
612
602
490
486
. 482
362
242
122
2
• 747
632
621
611
500
495
; 491
371
251
131
11
; 756
641
630
620
509
504
■ 500
380
260
140
20
■ 766
651
640
629
519
514
509
389
269
149
29
i 775
661
649
638
529
523
. 518
398
278
158
3S
i 785
671
659
647
539
533
. 527
407
287
167
47
i 794
681
668
656
549
542
• 536
416
296
176
56
it This column raaj also be used bj a surviving widow or widower who meela certain qualiOcaliooa which are explained in the inatructione.
g. S COVCRNMCNT PtINTINC OtflCt lj&'-70993-l
FACSIMILES OF TAX RETURNS FOR 1954
115
SCHEDULE C
FORM
1040
U. S. Treasury Department
Internal Revenue Service
PROFIT (OR LOSS) FROM BUSINESS OR PROFESSION
(For Computation of Self-Employment Tax, see Page 3)
PARTNERSHIPS AND JOINT VENTURES SHOULD FILE ON FORM 1065
1954
For Calendar Year 1954 or other taxable year beginning
, 1954, and ending
195
Owner's Name and Address (from Form 1040)
Item (see instructions — page 2)
A. Principal business activity
(Retail trade, wholesale trade, lawyer, etc.)
(Principal product or service)
B. Business name - -
C. Number of places of business - -
D. Did you pay social security taxes for any employees for any quarter of 1954? LD Yes Ll No.
E. Enter your employer identification number, if any -. -
P. Business address: ...
G. How many months in the year did
you own this business?
Did you own this business on Decem-
ber 31, 1954? n Yes D No.
Was this a seasonal business which
was closed for more than two
months during the year? □ Yes
DNo.
(Street and number or rural route)
(City, town, post office)
(County)
(State)
Line (see instructions — page 2)
1. Total receipts $ , less allowances, rebates, and returns $..
2,
3.
Inventory at beginning of year
Merchandise purchased $ less any items vrithdrawn
from business for personal use $
Cost of labor (do not include salary paid to yourself)
Material and supplies
4.
5,
6. Other costs (explain in Schedule C-2)
7. (Dost of goods manufactured or purchased (total of lines 3, 4, 5, and 6)
8. Total of line 2 plus line 7
9. Enter inventory at end of year
10. Cost of goods sold (line 8 less line 9)
11. Gross profit (line 1 less line 10)
OTHER BUSINESS DEDUCTIONS
12. Salaries and wages not included in line 4 (except any paid to yourself)
13. Rent on business property
14. Interest on business indebtedness
15. Taxes on business and business property
16. Losses of business property (attach statement)
17. Bad debts arising from sales or services
18. Depreciation and obsolescence (explain in Schedule C-1)
19. Repairs (explain in Schedule C-2)
20. Depletion of mines, oil and gas wells, timber, etc. (attach schedule)
21- Amortization of emergency and grain storage facilities (attach statement)
22. Other business expenses (explain in Schedule C-2)
23. Total of hnes 12 to 22
24. Enter net profit (or loss) (line 1 1 less line 23). Also enter on line 25, page 3 of this schedule, and on line 1,
Schedule C Summary, Form 1 040
Schedule C-1
. EXPLANATION OF DEDUCTION FOR DEPRECIATION CLAIMED ON LINE 18
1 . Kind of property (if buildings, state material of
whicti constructed). Exclude land and other
nondepreciable property
2. Date
acquired
3. Cost or
other basis
4. Depreciation al-
lowed (or allowable)
in prior years
5. Method
6. Rate(%)
or life (years)
7. Depreciation
for this year
$
$. __...
$
SchedtUe C-2. EXPLANATION OF LINES 6, 19, AND 22
Line No.
Explanation
Amount
Line No.
Explanation
Amount
$
$ __
16—70995-1
116
FACSIMILES OF TAX RETURNS FOR 1954
INSTRUCTIONS
Page 2
If you owned a business, or practiced a profession, you should
fill in separate Schedule C on other side and enter the net profit
(or loss) on line 1, Schedule C Summary, page 2, Form 1040.
Separate Schedule C should include income from (1) sale of
merchandise, or products of manufacturing, mining, and construc-
tion; (2) business service; and (3) professional service. In general,
you should report any income in the earning of which you have
incurred expenses for material, labor, supplies, and the like. A
farmer keeping his books of account on the accrual method may
include the income in such schedule from the sale of products of
agriculture in lieu of including such income in Form 1040F.
Item A — Business Activity. — State the general classification of
business activity, as well as the principal product or service. For
example, "Wholesale food," "Retail men's apparel," "Manufac-
ture of upholstered wooden household furniture," "Transportation
by truck,'' "Broker, real estate," "Contractor — carpenter work,|^
"Physician," etc. Do not use such terms as "partnership," "owner,"
"student," etc. The "principal business activity" is the one which
accounts for the largest percentage of your total receipts. All
trades and businesses except those specitically excluded are sub-
ject to self-employment tax.
Item E — Employer Identification Number. — This is the
number given on Form 941, Employer's Quarterly Federal Tax
Return, which you file as an employer.
Item F — Business Address. — Do not use home address as
business address unless business is actually conducted from home.
Line 1 — Total Receipts. — You should include all income
derived from your trade or business. Enter in the space provided
such items as returned sales, rebates, and allowances from the sale
price or service charge.
If you have dividend income from stocks held by you in the
ordinary course of carrying on your trade or business, such dividends
must be considered together with your dividends from stocks regu-
larly held for investment purposes in computing your dividend
exclusion and credit.
Installment Sales. — It you use the installment method of report-
ing income from sales, you should attach to your return a schedule
showing separately for the years 1951, 1952, 1953, and 1954 the
following: (a) Gross sales; (b) cost of goods sold; (c) gross profits;
(d) percentage of profits to gross sales; (e) amounts collected; and
(f) gross profits on amount collected.
COST or COODS SOLD
Lines 2-10. — If you are engaged in a trade or a business in
which the production, purchase, or sale of merchandise produces
income, you should take inventories of merchandise and materials
on hand at the beginning and end o! the taxable year in order to
reflect the gross profits correctly. The usual methods of valuing
inventory are (a) cost and (b) cost or market whichever is lower.
The method properly adopted for the first year in which inventory
is taken must be continued unless permission to change is secured
from the Commissioner. Application for permission to change the
method of valuing inventories must be made in writing and filed
with the Commissioner within 90 days after the beginning of the
taxable year in v/hich it is desired to effect a change. You should
enter the letters "C" or "C or M" immediately before the amount
column if inventories are valued either at cost, or at cost or market
whichever is lower.
Other methods for valuing inventories of material or merchandise
are provided for dealers in securities, for farmers, for miners, for
manufachjrers who produce more than one product from a single
process, and for retail merchants using the "retail method."
A special method based on cost, LIFO, is allowable only if you
file an application on Form 970 with your return for the first year
used. The reguirements for adopting and using the LIFO method
are set forth on Form 970. Thereafter, you should attach a separate
schedule showing; (a) a summary of all inventories; (b) with respect
to inventories computed under the LIFO method, the computation of
quantities and cost by acquisition levels.
OTHER BUSINESS DEDUCTIONS
Line 12 — Salaries and Wages. — You should enter all salaries
and wages not included as "Cost of Labor" in "Cost of Goods
Sold." Do not deduct any salary or wages for your own services
or services of others not performed in connection with your business.
Line 13 — Rent on Business Property. — Rents paid or accrued
on business property in which you have no equity are deductible.
Do not include rent for a building, or any part, which you occupy
solely for residential purposes.
Line 14 — Interest on Business Indebtedness. — Interest on
business indebtedness to others is deductible. Do not include
interest to yourself on capital invested in or advanced to the business.
Line 15 — Taxes on Business and Business Property. — Include
taxes paid or accrued on business property or incurred for carrying
on your business. Federal import duties and Federal excise and
stamp taxes are deductible if paid or incurred in carrying on a
trade or business. Do not include taxes assessed against local
benefits of a kind tending to increase the value of the property
assessed, as for paving, sewers, front foot benefits, etc.
Line 16 — Losses of Business Property. — You may deduct losses
of business property by fire, storm, or other casualty, or theft, not
compensated by insurance or otherwise and not made good by
repairs claimed as a deduction. Attach a statement showing a
description of the property, date acquired, cost, subsequent improve-
ments, depreciation allowable since acquisition, insurance,
salvage value, and deductible loss.
Line 17 — Bad Debts Arising From Sales or Services. — Include
debts, or portions thereof, arising from sales or professional services
that have been included in income, which have been definitely
ascertained to be worthless, or such reasonable amount as has been
added to a reserve for bad debts within the taxable year. A debt
previously deducted as bad which reduced your tax in a prior year,
if subsequently collected, must be returned as income for the year
in which collected.
Line 18 — Depreciation and Obsolescence. — You may deduct
a reasonable allowance for exhaustion, wear and tear, and
obsolescence of property used in the trade or business. For
additional information regarding depreciation, especially on new
property acquired or constructed after December 31, 1953, see
depreciation section in the instructions for Form 1040.
if a deduction is claimed on account of depreciation, you should
fill in Schedule C-1. In case obsolescence is included, state sepa-
rately amount claimed and basis upon which it is computed. The
value or cost of land must not be included in this schedule, and
where land and buildings were purchased for a lump sum, the cost
of the building subject to depreciation must be established. The
adjusted property accounts and the accumulated depreciation
shown in the schedule should be reconciled with those accounts
as reflected on your books.
Line 19 — Repairs. — You may deduct the cost of incidental
repairs, including labor, supplies, and other items, which do not
add to the value or appreciably prolong the life of the property.
Expenditures for new buildings, machinery, equipment, or for
permanent improvements or betterments which increase the value
of the property are chargeable to capital accounts. Expenditures
for restoring' or replacing property are not deductible, since such
expenditures are chargeable to capital accounts or to depreciation
reserve depending on how depreciation is charged on your books.
Line 20 — Depletion of Mines, Oil and Gas Wells, Timber,
Etc. — If a deduction is claimed on account of depletion, you should
procure from your District Director Form M (mines and other natural
deposits). Form O (oil and gas), or Form T (timber), fill in and file
with return. If complete valuation data have been filed with
questionnaire in previous years, then file with your return infor-
mation necessary to bring depletion schedule up to date, setting
forth, in full, statement of all transactions bearing on deductions
from or additions to value of physical assets during the taxable
year with explanation of how depletion deduction for the taxable
year has been determined. (See sections 615 and 616 of the In-
ternal Revenue Code of 1954 lor election to capitalize or deduct
expenditures for exploration and development of mineral properties.)
Line 21 — Amortization. — If you elect the deduction with respect
to the amortization of the adjusted basis of (a) any emergency
facility with respect to which the Government has issued a certificate
of necessity, or (b) a grain storage facility, a statement of the perti-
nent facts should be filed with your election. (See sections 168
and 169 of the Internal Revenue Code of 1954.)
For the election to amortize research or experimental expenditures
not subject to depreciation or depletion, see section 174 of the Code.
Line 22 — Other Business Deductions.— You should include all
ordinary and necessary business expenses for which no space is
provided in the schedule. Any deduction claimed should be
explained in Schedule C-2. Do not include cost of business equip-
ment or furniture, expenditures for replacements, or lor permanent
improvements to property, or personal living and family expenses.
Soil and Water Conservation Expenditures. — Taxpayers
engaged in the busmess of farming may under certain conditions
expense amounts paid for soil and water conservation. For more
detailed instructions, see the instructions for Form 1040.
Net Operating Loss Deduction. — Any net operating loss
deduction should be entered in Schedule C Summary, Form 1040,
instead of in this schedule.
Accrual-Method Taxpayers Only. — If you have (a) receipts
which constitute prepaid income, or (b) reserves for estimated ex-
penses, see the instructions for Form 1040. i6— 70995-1
FACSIMILES OF TAX RETURNS FOR 1954
117
Page 3
• IMPORTANT — If you have more than one business, □ separate page 1 must be completed for each business. However, only one page
3 should be completed and filed showing the aggregate net profit from such businesses.
(See Iiuixuctions — Page 4)
COMPUTATION OF SELF-EMPLOYMENT TAX
(For old-oge and survivors in»orance)
NAME or SELF-EMPLOYED PERSON (a separate schedule must be filed for each eeli-employed person)
STATE BUSINESS ACTIVITIES. IF ANY. SUBJECT TO SELF-EMPLOYMENT TAX (for eiample: Restaurant, Building Contractor)
Line (See instructions — Page 4)
2S. Net profit (or loss) shown on line 24, page 1 (Enter aggregate amount if more than
one business)
26. Losses of business property shown on line 16, page 1 .
27. Total of lines 25 and 26
28. Less: Net income (or loss) from excluded services or sources included in line 27.
Specify excluded services or sources
29. Net earnings from self-employment (line 27 less line 28)
30. Net earnings (or loss) from self-employment from partnerships, joint ventures, etc. (from column 11, Schedule
K, Form 1065)
31. Total net earnings (or loss) from self-employment (line 29 plus line 30)
(If total of net earnings is under $400, do not make any entries below)
32. Maximum amount subject to self-employment tax
33. Less: Wages paid to you during the taxable year which were subject to withholding for
old-age and survivors insurance. (If such wages exceed $3,600, enter $3,600)
34. Maximum amount subject to self -employment tax after adjustment for wages.
35. Self -employment income subject to tax — Line 31 or 34, whichever is smaller .
$ 3,600
00
36. Self-employment tax — 3 percent of amount on line 35. Enter here and as item 10, page 1, Form 1040
IMPORTANT— FILL IN ITEMS BELOW COMPLETELY BUT DO NOT DETACH
SCHEDULE C-o (Fonn 1040)
U. S. Treasury Department
Internal Revenue Service
U. S. REPORT OF SELF-EMPLOYMENT INCOME
(For Federal Old-Age and Survivors Iixsuronce)
1954
I CHECK n Calendar Year 1954
°^^ D Other Taxable Year Beginning .
1954, and Ending 195-
2.
state Business Activities Subject To Sell-Employment Tax
Business Address (Street and Number, City or Town, Postal Zone Number, State)
4. PRINT BELOW NAME AND ADDRESS OF SELF-EMPLOYED PERSON
Name as shown on Social Security Account Number Card
HOME ADDRESS (Street and Number, or Rural Route)
(City or Town, Postal Zone Number, State)
5 ENTER HERE THE SOCIAL SECURITY ACCOUNT NUMBER
OF THE PERSON NAMED
IN LINE 4
000
00
0000
6. Enter Total Earnings
From Self Employment
Shown on Line 31 above $-.
7. Enter Wages Shown on
Line 33 above $.
8. Enter Self-Employment
Income Shovim on Line 35 above. . .$-.
16—70996-1
118
FACSIMILES OF TAX RETURNS FOR 1954
PURPOSE OF THIS FORM
Page 4
Schedule C (Form 1040) .—Schedule C serves two purposes.
First, it provides for the determination of net profit (or loss) from
business or profession to be used in computing income tax. Second,
it provides for the computation of the self-employment tax in accord-
ance with Chapter 2 of Subtitle A of the Internal Revenue Code
of 1954.
Schedule C-a (Forra 1040). — ^The lower portion of page 3,
Schedule C, which is designated as Schedule C-a (Form 1040), is
designed to provide the Social Security Administration with the
information on self-employment income necessary for old-age and
survivors insurance purposes.
INSTRUCTIONS FOR CALENDAR YEAR 1954
SELF-EMPLOYMENT TAX
In general, every individual deriving income during the taxable
year from a trade or business carried on by him or from a partner-
ship of which he is a member is subject to the self-employment tax,
the computation of which is made on lines 25 through 36.
"Net earnings from self -employment" (line 31) is the gross income
derived by an individual from any trade or business carried on
by him, less the allowable deductions attributable to such trade or
business, plus his share of self employment net earnings (or loss)
from a partnership of which he is a member.
No Deductions for Personal Exemptions. — The deductions for
personal exemptions are not allowable in determining the net
earnings from self-employment.
EXCLUSIONS
In determining the amount of net earnings from self-employment
report on line 28 income from the following sources or deductions
attributable thereto:
1 . Certain professions. — Income from the performance of service
OS a physician, lawyer, dentist, osteopath, veterinarian, chiro-
practor, naturopath, optometrist, Christian Science practitioner,
architect, certified public accountant, accountant registered or
licensed as an accountant under Slate or municipal law, full-time
practicing public accountant, funeral director, or professional en-
gineer; or income from the performance of such service by a
partnership;
2. Religious services. — Income *rom the performance of service
by a duly ordained, commissioned, or licensed minister of a church
in the exercise of his ministry or by a member of a religious order
in the exercise of duties required by such order;
3. Farming. — Income from farming or from any other business
in which, if the business were carried on exclusively by employees,
the major portion of the services would constitute agricultural labor;
4. Employees and public officials. — Income from the perform-
ance of service as:
(a) a public official, including a notary public;
(b) an employee or employee representative under the railroad
retirement system; or
(c) an employee. "Employee" includes among others:
(1) an agent-driver or commission driver engaged in
distributing meat, vegetable, fruit, and bakery prod-
ucts, beverages (other than milk), or laundry or dry-
cleaning services;
(2) a full-time life insurance salesman;
(3) a home worker performing work subject to licensing
requirements under State law; and
(4) traveling or city salesmen generally, engaged upon
a full-time basis for their principals (except for sideline
sales activities on behalf of another person).
Note. — The income of an employee over the age of 18 from
the sale of newspapers or magazines to an ultimate consumer
is subject to the self-employment tax if the income consists of
retained profits from such sales.
5. Real estate rentals. — Rentals from real estate, except rentals
received in the course of a trade or business as a real estate dealer.
Payments for the use or occupancy of rooms or other space where
services are also rendered to the occupant, such as rooms in hotels,
boarding houses, apartment houses furnishing hotel services, tourist
camps, tourist homes, or space in parking lots, warehouses, or
storage garages do not constitute rentals from real estate and there-
fore are included in determining net earnings from self-employment;
6. Interest and dividends. — Dividends on shares of stock, and
interest on bonds, debentures, notes, certificates, or other evidences
of indebtedness, issued with interest coupons or in registered form
by a corporation, or by a government or political subdivision thereof,
unless received in the course of a trade or business as a dealer in
stocks or securities; and
7. Property gains and losses. — Gain or loss (A) from the sale or
exchange of a capital asset, (B) to which sections 631 and 1 23 1
are applicable, or (C) from the sale, exchange, involuntary con-
version, or other disposition of property if such property is neither
(1) stock in trade or other property of a kind which would properly
be includible in inventory it on hand at the close of the taxable
year, nor (2) property held primarily lor sale to customers in the
ordinary course of the trade or business.
Net operating losses. — In determining the net earnings from
self-employment, no deduction for net operating losses of other years
shall be allowed.
MORE THAN ONE TRADE OR BUSINESS
If an individual is engaged in more than one trade or business,
his net earnings from self-employment are the total of his net earnings
from self-employment of each trade or business carried on by him.
Thus, the loss sustained in one trade or business will operate to
reduce the income derived from another trade or business.
JOINT RETURNS
Where husband and wife file a joint return, page 3 of Schedule C
(Forra 1040) should show the name of the one with self -employment
income. Where husband and wife each have self-employment
income, a separate Schedule C must be attached for each. In such
cases the total of amounts shown on line 24 of each separate schedule
should be entered on line 1, Schedule C Summary, page 2, Form
1040, and the aggregate self -employment tax (line 36) should be
entered as item 10, page 1, Form 1040.
COMMUNITY INCOME
For the purpose of computing net earnings from self-employment,
if any of the income from a trade or business is community income,
all the income from such trade or business is considered the income
of the husband unless the wife exercises substantially all the man-
agement and control of the trade or business, in which case all of
such income is considered the income of the wife.
If separate returns are filed by the husband and wife, a complete
Schedule C should be attached to the return of the one with self-
employment income. Community income included on such a
schedule must, however, be allocated between the two returns (on
line 1, Schedule C Summary, page 2, Form 1040) on the basis of the
community property laws.
In computing his aggregate net earnings from self-employment,
a partner should include his entire share of such earnings from a
partnership. No part of that share may be attributed to the part-
ner's wife (or husband) even though the income may, under State
law, be community income.
FISCAL YEARS
For fiscal years ending after December 31, 1954, the amounts of
$3,600 appearing on lines 32 and 33, page 3, in the computation
of the self -employment tax should be changed to $4,200.
If you are a Christian Science practitioner, architect, accountant,
funeral director, engineer, minister, member of a religious order, or
a farmer, reporting on a fiscal year basis, consult your nearest
Internal Revenue Service oHice for the recent changes in the law
which affect your liability for self-employment tax.
SCHEDULE C-a (Form 1040)
To assure proper credit to your account, be sure to enter your
name and social security account number on Schedule C-a (Form
1040) exactly as they are shown on your social security card. If
you do not have a social security account number, you must get
one. These account numbers are obtainable from any of the
approximately 500 Social Security Administration offices through-
out the country. The telephone directory or your local post office
will give you the address. Do not delay filing your return beyond
the due date even though you have not obtained your social security
account number.
Regardless of whether a joint or separate returns on Form 1040
are filed by husband and wife. Schedule C-a (Form 1040) should
show only the name of the one with the self-employment income.
If both had net earnings from self -employment, a separate Schedule
C-a must be filed by each.
U. S. COVCBNMENT PRINTrnCi OFFICE 16 — 70995-1
FACSIMILES OF TAX RETURNS FOR 1954
119
SCHEDULE D
For use vrith
Forms 1040. 1041,
ar>d 1065
U. S. Treasury Department — Internal Revenue Service
GAINS AND LOSSES FROM SALES OR EXCHANGES OF PROPERTY
USE WITH INDIVIDUAL, FIDUCIARY, OR PARTNERSHIP RETURNS
1954
For Calendar Year 1954, or other taxable year beginning
1954, and ending
195
Name and Address
Check type of return filed:
□ Form I I Form I I Form
1040 I I 1041 1 I 1065
(I)
PROPERTY OTHER THAN CAPITAL ASSETS
a. Kind of proparly (if necessary, altacli statement
of descriptive details not stiown below)
b. Date
acquired
(mo.,
day, yr.)
c. Date
sold (mo.,
day. yr.)
d. Gross sales price
(contract price)
e. Depreciation
allowed (or
allowable) since
acquisition or
March 1, 1913
(attacti scfiedule)
f. Cost or other
basis and cost of
subsequent im-
provements (if not
purchased, attach
explanation)
g. Expense of sale
h. Gain or loss (column d
plus column e less sum
of columns f and g)
I __.
$..._ ___.
$
$
$ _...
$
2. Net gain (or loss). Enter here and on line 1, Schedule D, Form 1040, or as item 8 (a), page 1, Form 1041, or as
item 1 1, page 1, Form 1065
$
(II) CAPITAL ASSETS
Short-Term Capital Gains and Losses — Assets Held Not More Than 6 Months
3.
4. Enter your shore of net short-term gain (or loss) from partnerships and fiduciaries
5. Enter unused capital loss carryover from 5 preceding taxable years (Attach statement)
6. Net short-term gain (or loss) from lines 3, 4, and 5. Enter here and in Schedule D, Form 1041, or as item 26, page
1, Form 1065
Long-Term Capital Gains and Losses — ^Assets Held More Than 6 Months
7.
$-.
8. Enter the full amount of your share of net long-term gain (or loss) from partnerships and fiduciaries
9. Net long-term gain (or loss) from lines 7 and 8. Enter here and in Schedule D, Form 1041, or as item 27, page
1, Form 1065
LINES 10 THROUGH 25 NOT APPLICABLE TO FIDUCIARIES AND PARTNERSHIPS
Gain or Loss To Be Token Into Account
a. Gain
b. Loss
10- Enter net short-term gain (or loss) from line 6 . . . .
S
<;
11a hnter net lona-term aain (or loss) irom line y
.«
Use lines 12 through 15 only if gains exceed losses in lines 10 and 11.
12. Enter short-term gain (hne 10, col. a) reduced by any long-term loss (hne 1 1, col. b)
13. Enter long-term gain (line 1 1, col. o) reduced by any short-term loss (hne 10, col. b)
14. Enter 50 nercent of line 13
$
$
IS. Enter here and on line 2, Schedule D, Form 1040, the sum of lines 12 and 14
$
Use lines 16 and 17 only if losses exceed gains in lines 10 and 11.
iR
17- Enter here and on line 2, Schedule D, Form 1040, the smallest of the following: (a) the amount on line 16; (b) tax-
able income computed without regard to capital gains and losses and the deduction for exemptions; or (c) $1,000. .
$
COMPUTATION OF ALTERNATIVE TAX FOR INDIVIDUALS (Form 1040)
(See instructions on other side as to when the alternative tax applies)
18. Enter from page 3, Form 1040, the income from line 5 if separate return or line 7 (a) if joint return
19. Enter amount from line 14, column a, above, if separate return, or half of such amount if joint return
20. Balance (line 18 less line 19)
21. Enter tax on amount on line 20 (Use applicable Tax Rate Schedule in Form 1040 Instructions)
22. If joint return, multiply amount on line 21 by two
23. Enter 50 percent of line 19
24. If joint return, multiply amount on line 23 by two
25. Alternative tax Oine 21 plus line 23 if separate return; line 22 plus hne 24 if joint return). If smaller than amount
on line 6 or line 7(c), page 3, Form 1040, enter this alternative tax on line 8, page 3. Form 1040.
NOTE. — In lines 18 to 25 the treatment in the case of a joint return is also applicable to a return of a surviving widow or widower.
120
FACSIMILES OF TAX RETURNS FOR 1954
INSTRUCTIONS— (References cue
GAINS AND LOSSES FROM SALES OR EXCHANGES OF
PROPERTY. — Report details in schedule on other side.
"Capital assets" defined. — The term "capital assets" means
property held by the taxpayer (whether or not connected with his
trade or business) but does NOT include —
(a) stock in trade or other property of a kind properly includible
in his inventory if on hand at the close of the taxable year;
(b) property held by the taxpayer primarily for sale to cus-
tomers in the ordinary course of his trade or business;
(c) property used in the trade or business of a character which
is subject to the allowance for depreciation provided in
section 167;
(d) real property used in the trade or business of the taxpayer;
(e) certain government obligations issued on or after March 1,
1941, at a discount, payable without interest and maturing
at a fixed date not exceeding one year from date of issue;
(f) certain copyrights, literary, musical, or artistic composi-
tions, etc.; or
(g) accounts and notes receivable acquired in the ordinary
course of trade or business for services rendered or from
the sale of property referred to in (a) or (b) above.
In connection with (b) above, the law allows dealers in securities
capital gain or loss treatment with respect to certain securities
which were clearly identified as being held for investment. Also,
in the case of a taxpayer other than a corporation, certain real
property subdivided for sale may be treated as capital assets.
Sections 1236 and 1237.
If the total distribution to which an employee is entitled under
an employees' pension, bonus, or profit-sharing trust plan exempt
from tax under section 501(a), is received by the employee in one
taxable year, on account of the employee's separation from the serv-
ice, the aggregate amount of such distribution, to the extent it
exceeds the amounts contributed by the employee, shall be treated
as a long-term capital gain. See section 402.
A capital gain dividend, as defined in section 852 (relating to
tax on regulated investment companies), shall be treated by the
shareholder as a long-term capital gain.
Gain on sale of depreciable property between husband and wife
or between a shareholder and a "controlled corporation" shall be
treated as ordinary gain. Section 1239.
A transfer (other than by gift, inheritance, or devise) by an
individual "holder" of all substantial rights evidenced by a patent,
or an undivided interest therein, shall be considered the sale or
exchange of a capital asset held for more than 6 months.
Gains and losses from transactions described in section 1231
(see below) shall be treated as gains and losses from the sale or
exchange of capital assets held for more than 6 months if the total
of these gains exceeds the total of these losses. If the total of these
gains does not exceed the total of these losses, such gains and losses
shall not be treated as gains and losses from the sale or exchange
of capital assets. Thus, in the event of a net gain, all these trans-
actions should be entered in the "long-term capital gains and losses"
portion of Schedule D. In the event of a net loss, all these trans-
actions should be entered in the "property other than capital assets"
portion of Schedule D, or in other applicable schedules on Forms
1040, 1041, or 1065.
Section 1231 deals vrith gains and losses arising from —
(a) sale, exchange, or involuntary conversion, of land (includ-
ing in certain cases unharvested crops sold with the land)
and depreciable property if they are used in the trade or
business and held for more than 6 months,
(b) sale, exchange, or involuntary conversion of livestock held
for draft, breeding, or dairy purposes (but not including
poultry) and held for 1 year or more,
(c) the cutting of timber or the disposal of timber or coal to
which section 631 applies, and
(d) the involuntary conversion of capital assets held more than
6 months.
See sections 1231 and 631 for specific conditions applicable.
Description of property listed. — State following facts: (a) For
real estate (including owner-occupied residences), location and
description of land and improvements; (b) for bonds or other evi-
dences of indebtedness, name of issuing corporation, particular
issue, denomination, and amount; and (c) for stocks, name of corpo -
ration, class of stock, number of shares, and capital changes
affecting basis (including nontaxable distributions).
Basis. — In determining gain or loss in case of property acquired
after February 28, 1913, use cost, except as specially provided.
The basis of property acquired by gift after December 31, 1920, is
the cost or other basis to the donor in the event of gain, but, in the
event of loss, it is the lower of either such donor's basis or the fair
market value on date of gift. Generally the basis of property
acquired by inheritance is the fair market value at time of acqui-
sition which usually is the date of death. For special cases involving
property acquired from a decedent, see section 1014. In the case of
sales and exchanges of automobiles and other property not used in
to the Internal Revenue Code of 1954)
your trade or business, or not used for the production of income,
the basis for determining gain is the original cost plus the cost of
permanent improvements thereto. No losses are recognized for in-
come tax purposes on the sale and exchange of such properties.
In determining GAIN in case of property acquired before March 1,
1913, use the cost or the fair market value as of March 1, 1913,
as adjusted, whichever is greater, but in determining LOSS use
cost as adjusted.
Sale of a personal residence. — See Form 1040 instructions for
special rules applicable to sale or exchange of your residence.
Losses on securities becoming worthless. — If (a) shares of
stock become worthless during the year or (b) corporate securities
with interest coupons or in registered form become worthless during
the year, and are capital assets, the loss therefrom shall bo con-
sidered as from the sale or exchange of capital assets as of the last
day of such taxable year.
Nonbusiness debts. — If a debt, such as a personal loan, becomes
totally worthless within the taxable year, the loss resulting therefrom
shall be considered a loss from the sale or exchange, during the
taxable year, of a capital asset held for not more than 6 months.
Enter such loss in column (h) and describe in column (a) in the
schedule of short-term capital gains and losses on other side. This
does not apply to (a) a debt evidenced by a corporate security with
interest coupons or in registered form and (b) a debt acquired in
your trade or business.
Classification of capital gains and losses. — The phrase
"short-term" applies to gains and losses from the sale or exchange of
capital assets held for 6 months or less; the phrase "long-term"
applies to capital assets held for more than 6 months.
Treatment of capital gains and losses. — Short-term capital
gains and losses will be merged to obtain the net short-term
capital gain or loss. Long-term capital gains and losses (taken into
account at 100 percent) will be merged to obtain the net long-
term capital gain or loss. If the net short-term capital gain exceeds
the net long-term capital loss, 100 percent of such excess shall be
included in income. If the net long-term capital gain exceeds the
net short-term capital loss, 50 percent of such excess shall be
included in income. In the case of a hduciary, see section 1202.
Limitation on allowable copital losses. — If the sum of all the
capital losses exceeds the sum of all the capital gains (all such
gains and losses to be taken into account at 100 percent), then
such capital losses shall be allowed as a deduction only to the
extent of (1) current year capital gains plus (2) the smaller of either
the taxable income of the current year (or adjusted gross income if
tax table is used) or $1,000. For this purpose taxable income is
computed without regard to capital gains or losses or the deduction
for exemptions. The excess of such allowable losses over the sum
of items (1) and (2) above is called "capital loss carryover" (not
applicable to partnerships). It may be carried forward and treated
as a short-term capital loss in succeeding years. However, the
capital loss carryover of each year should be kept separate, since
the law limits the use of such carryover to the five succeeding years.
In offsetting your capital gain and income of 1954 by prior year
loss carryovers, use any capital loss carryover from 1949 before
using any such carryover from 1950 or subsequent years. Any
1949 carryover which cannot be used in 1954 must be excluded in
determining total loss carryover to 1955 and subsequent years.
Collapsible corporations. — Gain from the sale or exchange of
stock in a collapsible corporation is not a capital gain. Section 341.
"Wash sales" losses. — Losses from the sale or other disposition
of stocks or securities are not deductible (unless sustained in con-
nection with the taxpayer's trade or business) if, within 30 days
before or after the date of sale or other disposition, the taxpayer
has acquired (by purchase or by an exchange upon which the
entire amount of gain or loss was recognized by law) or has entered
into a contract or option to acquire, substantially identical stock
or securities.
Losses in transactions between certain persons. — No deduc-
Hon is allowable for losses from sales or exchanges of property
directly or indirectly between (a) members of a family, (b) a cor-
poration and an individual (or a fiduciary) owning more than 50
percent of the corporation's stock (liquidations excepted), (c) a
grantor and fiduciary of any trust, (d) a fiduciary and a k)eneficiary
of the same trust, (e) a fiduciary and a fiduciary or beneficiary of
another trust created by the same grantor, or (f) an individual and
a tax-exempt organization controlled by the individual or his
family^
ALTERNATIVE TAX.— If the net long-term capital gain
exceeds the net short-term capital loss, or in the case of only a
long-terra capital gain, individual taxpayers (a) filing separate re-
turns with taxable income exceeding $18,000, or (b) filing joint re-
turns or as surviving widows or widowers with taxable income ex-
ceeding $36,000, or (c) filing as head of household with taxable
income exceeding $24,000, vrill usually find it to their advantage
to compute the alternative tax on the other side. The alternative
tax, if less than the tax computed on page 3 of Form 1040, shall be
the tax liability. opo jo-Tomo-i
FACSIMILES OF TAX RETURNS FOR 1954
121
FORM 1040 F
U. S. Treasury Department
Internal Revenue Service
Attach This Form to Your
Income Tax Return Form
1040 and File It With the
District Director of Internal
Revenue for Your DIstrlcL
SCHEDULE OF FARM INCOME AND EXPENSES
For Calendar Year 1954
Or other taxable year beginning -— , 1954, and ending , 195.
1954
Name _
Address _
Location of farm or farms
Number of acres in each farm .
If Your Accounts Are Kept on
the Cash Method, Fill in
Pages 1 and 2.
If You Keep Books on an
Accrual Method and Desire
to Use This Form, FIN In
Pages 2 and 3 Instead.
FARM INCOME FOR TAXABLE PERIOD COMPUTED ON THE CASH RECEIPTS AND DISBURSEMENTS METHOD
(See Instructions on Schedule D (Form 1040> for tax treatment of certain livestock held for draft, breeding, or dairy purposes)
l.SALE OF LIVESTOCK RAISED
2. SALE OF PRODUCE RAISED
3. OTHER FARM INCOME
Kind
Quantity
Amount
Kind
Quantity
Amount
Items
Amount
Cattle
Horses
$
Grain
Hay
Cotton
Tobacco
Vegetables. . . .
Fruits and nuts.
Dairy products.
Eggs
Meat products .
Poultry, dressed
Wool
Honey
$
Mdse. rec'd for produce. .
Machine work
$-
Mules . .
Hire of teams
Sheep
Swine
Breeding fees
Rent rec'd in crop shares.
Wood and lumber
Other forest products ....
Agricultural program
payments
Fur-bearing
animals. . . .
Chickens ....
Turkeys
Ducks
Patronage dividends, re-
bates or refunds, if
not reported elsewhere
in return
Goats . .
Bees
Other (specify):
Sirup and sugar.
Other (specify):
Other (specify):
Total
$
Total
$
Total
$
(Enter on li(]
e 1 of summary below)
(Enter on li
le 2 of summary below)
(Enter on li
ie 3 of summary below)
4. SALE OF LIVESTOCK AND OTHER ITEMS PURCHASED
. Description
2. Date acquired
3. Gross sales price
(contract price)
4. Cost or other basis
5. Depreciation al-
lowed (or allowable)
since acquisiton or
March 1. 1913
6. Profit (column 3 plus
column 5 minus
column 4)
Total (enter on line 4 of summary below) $
SUMMARY OF INCOME AND DEDUCTIONS COMPUTED ON THE CASH RECEIPTS AND DISBURSEMENTS METHOD
1. Sale of livestock raised
2. Sale of produce raised
3. Other farm income
4. Profit on sale of livestock and other
items purchased
Gross Profits
5.
$
$
6. Expenses (from page 2) . . . .
7. Depreciation (from page 2).
8. Other deductions (specify):
9.
Total Deductions.
$-.
10. Net farm profit (or loss) (line 5 minus line 9) to be reported in Schedule C Summary, Form 1040.
16— 7U99S-1
122
FACSIMILES OF TAX RETURNS FOR 1954
FARM EXPENSES TOR TAXABLE YEAR (Sec Instructions)
(Do nol include personal or living expenses or expenses not alUibulable 1o pioduclion of farm income, such as ta»es, insurance, repaiii, etc., on yout dwelline)
Labor hired
Feed purchased
Seed and plants purchased
Machine hire
Supplies purchased
Cost of repairs and maintenance
Breeding fees
Fertilizers and lime
Veterinary and medicine for livestock . . . .
Gasoline, other fuel and oil for farm busi-
ness.
2. Amount
3. Hems
(Continued)
Rent of farm, part of farm, or pasturage. . .
Freight, yardage, express, and trucking. . .
Automobile upkeep (farm share)
Amortization of grain storage facilities (at-
tach statement)
Soil and water conservation expenses (at-
tach statement showing computation) .
Other farm expenses (specify):
4 Amount
(Continued)
$
Storage and warehousing.
Taxes
Insurance on property (except your dwell-
ing)
Interest on farm notes and mortgages ....
Water rent, electricity, and telephone
Total of Columns 2 and 4 (enter on line 6 of summary on page 1 (cash method) or line 7, page 3
(accrual method))
DEPRECIATION (See Instructions)
1. Kind ot ptopprly (if buddings,
stale materrai cl which cofi-
sUucled). Exclude land and
other nondepreciable properly
2. Dale
acquiied
3. Cost or olJier basis
1. Dftprpciation allowed (or
allowable) in piiur yeats
5. Method
6. RafeC;^)
01 life (years)
7. Depreciation for
this year
$ ^
$.
$--
Total (enter on
lineVo
' summary on page 1 (cash method) c
)r line 8, page 3 (accrual method)) . .
$
FACSIMILES OF TAX RETURNS FOR 1954
123
FARM INVENTORY FOR INCOME COMPUTED ON AN ACCRUAL METKOD Pa£8 3
(Do not include certain livestock held for draft, breeding, or dairy purposes. Se« Instructions on Scliedule D (Form 1C4D}.)
Deccriplton
(Kind oi hvesloctt. crops,
or other products)
On Hand at Be£inning
of Year
Purchased During Year
Raised During Year
Consumed or Lost
During Year
Sold During Year
On Hand at End of Year
Quan-
tity
Inventory value
Quan-
tity
Amount paid
Quan-
tily
Inventory value
Quan-
tity
Inventory value
Quan-
tity
Amount received
Quan-
tity
Inventory value
$
$
$
$_
$.
$
$ _
(Enter on line 4)
$
$ _
? -
(Enter on line 2)
$
(Enter on line 5)
(Enlor on line 1)
SUMMARY CF INCOME AND DEDUCTIONS COMPUTED ON AN ACCRUAL METHOD
1. Inventory of livestock, crops, and products at end of
year
2. Sales of livestock, crops, and products during year. .
la. Other miscellaneous receipts (specify):
Total.
3.
4. Inventory of livestock, crops, and
products at beginning of year
5. Cost of livestock and products pur-
chased during year.
6. Gross profits (line 3 minus the sum of lines 4 and 5).
7- Expenses (from page 2). . . .
8. Depreciation (from page 2).
9. Other deductions (specify) :
10.
Total Deductions
11. Net farm profit (or loss) (line 6 minus line 10) to be reported in Schedule C Summary, Form 1040.
$-.
10— 70b9S-l
445805 O -57 -9
124
FACSIMILES OF TAX RETURNS FOR 1954
INSTRUCTIONS
METHOD OF ACCOUNTING
Farmers may compute their income either on the cash receipts and
disbursements method or the accrual method, but whichever method
is adopted in filing their first return must be followed until the
consent of the Commissioner is received to change the method.
Page 4
Supplies purchased. — Cost of twine, spray material, poisons, dis-
infectant, cans, barrels, baskets, egg cases, bags, and other smular
farm supplies purchased.
CASH RECEIPTS AND DISBURSEMENTS METHOD
A farmer reporting on the basis of cash receipts and disbursements
shall include in his gross income for the taxable year ( i ) the amount
of cash or the value of merchandise or other property received from
the sale of livestock and produce which were raised during the tax-
able year or prior years, ( 2 ) the profits from the sale of any livestock
or other items which were purchased, and (3) gross income from
all other sources. The farm expenses will be the actual amounts paid
out during the taxable year.
ACCRUAL METHOD
For a farmer reporting on the accrual method, the gross profits
are obtained as indicated in summar>- of income and deductions on
page 3 of this form. The farm expenses will be the actual expenses
incurred during the year, whether paid or not.
Farmers who compute income on an accrual method and use
inventories, may value their inventories according to the 'farm-price
method " which provides for the valuation of inventories at market
price less direct cost of disposition. If the use of the farm-price
method" of valuing inventories for any taxable year involves a
change in method of valuing inventories from that employed in prior
years! permission for such change shall first be secured from the
Commissioner. Farmers raising livestock may value their inventories
of animals according to either the "farm-price method or the unit
livestock price method."
INCOME
All the farm income from whatever source must be reported in this
schedule. Anything of value received instead of cash, such as gro-
ceries received in exchange for produce, must be treated as income
to the extent of its market value.
The value of farm produce consumed by the farmer and his
family need not be reported as income; but expenses incurred in
raising such produce must not be claimed as deductions.
Recoveries for hail and fire insurance on growing crops should
be included in gross income.
Rents received in crop shares shall be reported in income in the
year in which the crop shares are reduced to money or the equiva-
lent of money.
A taxpayer electing to include in gross income amounts received
during the year as loans from Commodity Credit Corporation
should file with his return a statement showing details of such loans.
(See section 77 of the Internal Revenue Code of 1954)
Report gains and losses from sales or exchanges of capital assets
and other property in separate Schedule D (Form 1040).
The term "farm" embraces the farm in- the ordinarily accepted
sense, and includes stock, dairy, poultry, fruit, truck farms, and all
land used for farming operations. A person cultivating or operating
a farm for recreation or pleasure, the result of which is a continual
loss from year to year, is not regarded as a farmer.
EXPENSES AND OTHER DEDUCTIONS
In general, a farmer who operates a farm for profit is entitled to
deduct from gross income as necessary expenses all amounts actually
expended in carrying on the business of farming, except those which
represent capital investment. The following is a list of such expenses
(taken from the classification appearing on page 2 of this form
though any other equally descriptive classification may be used):
Labor hired.— Amounts paid for regular farm labor, piece work,
contract labor, and other forms of hired labor. Do not deduct the
value of your own labor or that of your wife. Only that part of the
board which is purchased for hired labor should be deducted. The
value of products furnished by the farm and used in the board of
hired labor is not deductible. Rations purchased for laborers or share-
croppers are deductible. Do not deduct amounts paid to persons
engaged in household work, except to the extent that the services of
such persons are used in boarding and otherwise caring for farm
laborers. Services of such employees engaged in caring for the
farmer's own household are not deductible.
Feed purchased. — Cost of grain, hay, silage, mill feeds, other con-
centrates and roughages purchased, and amounts paid for grinding,
mixing, and processing of feed.
Machine hire. — Amounts paid for threshing, combining, silo
filling, baling, ginning, and other machine hire.
Cost of repairs and maintenance. — Amounts expended for repairs
and maintenance of farm buildings (except your dwelling), fences,
drains, and other farm improvements, and for repairs and rnam-
tenance of farm machinery and equipment; cost of small tools of
short life such as shovels, rakes, etc. Amounts expended for replace-
ments of, or additions to, farm machinery, farm buildings, or othe»
farm equipment of a permanent nature are not deductible.
Fertilizers and lime. — Cost of commercial fertilizers, lime, and
manure purchased during the year, the benefit of which is of short
duration.
Taxes. — State and local taxes. Do not deduct Federal income
taxes; estate, inheritance, legacy, succession, and gift taxes; nor
taxes assessed for any improvement or betterment tending to m-
crease the value of the property assessed. Do not deduct taxes on
your dwelling or household property and other personal taxes.
Insurance.— Cost of all insurance on farm buildings (except your
dwelling) and improvements, equipment, crops, and livestock.
Interest on farm notes and mortgages. — Interest paid on farm
mortgages and other obligations incurred to carry on farming.
Water rent, electricity, and telephone. — The farm share of these
expenditures. Do not deduct personal expenses.
Rent of farm, part of farm, or pasturage.— Rent paid in cash.
A tenant farmer paying rent to his landlord in the form of "ops
raised on the farm (under a cropshare agreement) may not deduct
as rent the value of the crop given to the landlord, but the tenant
may deduct all amounts paid by him in raising the crop.
Automobile upkeep. — For automobiles used exclusively in farm
operations, all expenses of operation, repair, and depreciation. For
automobiles used both for farm and for personal transportation, only
that part of the expense corresponding to the farm use may be
deducted.
Soil and water conservation expenses.— See instructions to Form
1040 for explanation of these expenses.
Other farm expenses.— Fees paid for advertising farm products;
expenditures for stamps, stationery, account books, and other othce
supplies purchased for farm use ; expenditures for travel in connec-
tion with the farm and similar expenditures. Amounts expended for
purchase of automobiles, farm machinery, farm buildings, or other
farm equipment of a permanent nature are not deductible.
Depreciation.— Allowance for depreciation of buildings, improve-
ments, machineiy, or other farm equipment of a permanent nature.
In computing depreciation do not include the value of farm land nor
the land on which farm buildings are located. Do not deduct repairs
or depreciation on the dwelling you occupy or on your personal or
household equipment. Do not claim as a separate item depreciation
on livestock or any other property included in your inventory.
Depreciation, however, may be claimed on livestock acquired for
work breeding, or dairy purposes which are not included in your
invcntorv of livestock purchased or raised for sale. See the instruc
tions to Form 1040 for methods of computing depreciation.
Losses.— Losses of farm buildings, machinery, and other farm
property not included in your inventory, resulting from fire storm,
or other casualty and not compensated for by insurance or otherwise.
Losses of property included in your inventory are taken care ot by
the reduced amount of the inventory at the close of the year. Ihe
total loss of a prospective crop by frost, storm, flood or fire, is not
deductible. When reporting on the cash basis, the value of animals
raised by you and lost by death is not deductible, while in the case
of animals purchased and lost by death, the cost less depreciation
allowed or allowable is deductible.
Amortization.— If you elect the deduction with respect to the
amortization of the adjusted basis of a grain storage facility, a
statement of the pertinent facts should be filed with your election.
(See section 169 of the Internal Revenue Code of 1954-)
Net operating loss deductions.— Every farmer claiming a net
operating loss deduction shall file with his return a concise statement
setting forth the amount of the net operating loss deduction claiined
and ail material facts. The deduction should be entered in Schedule
C Summary, Form 1040, instead of on Form 1040F.
Fiscal year farmers.— If you report income on a fiscal year basis
and your year ends after December 31, 1954, consult your local
Internal Revenue S»rvicc office for the recent changes in the law
which affect your liability for self-employment tax.
U. S. GOVERNMENT PRINTING OFFICE 16 — 70D93-1
FACSIMILES OF TAX RETURNS FOR 1954
125
R.od instrucHons carefully. U. S. INDIVIDUAL INCOME TAX RETURN
Complete both sides o( (orm.
Please print. If you use this form, the Internal Revenue Service v^ill compute your tax.
1954 \
zu
hill
ecu)
Ju
lil3
QZ
>>
3ir
< J
L'<
az
HIT
<
o
o
IS
1. NAME
.ocs
12
JO
§^m^^$^^l Taxpayer's
Your Wife's (Husband's)
2. WIFE'S (HUSBANDS) NAME
7. Social Se-
curity No.
3. HOME ADDRESS (NUMBER AND STREET OR RURAL ROUTE)
8. Wases *■
(a)
— >■
E
o
(b) ;
9. Tax
Withheld *■
(a)
(b) 1
(CITY, TOWN. OR POST OFFICE) (ZONE) (STATE)
10. Other
Income "^
(a)
(b) ;
4. (C/iccJt) n Sinsle D Morried
11. Special
Credit •*•
(a)
(b) 1
5. Is this a joint return? D Yes D No
12. Exclusion-*.
(a)
(b) !
6. Is wife (husband) filing seporately? Q Yes D No
• List your exemptions on other side.
1 DECLARE UNDER THE PENALTIES OF PERJURY THAT THIS IS A TRUE. CORRECT.
AND COMPLETE RETURN TO THE BEST OF MY KNOWLEDGE AND BELIEF.
(FOR USE OF INTERNAL REVENUE SERVICE)
C ,B
TAXPAYERS SIGNATURE AND DATE
IF JOINT RETURN. WIFE'S (HUSBAND'S) SIGNATURE
t-
13. EXEMPTIONS FOR YOURSELF AND WIFE (OR HUSBAND)
EXEMP-
TIONS
(a) For your own exemption, write the FIGURE 1
(b) If you were 65 or over at the end of 1954, write the FIGURE 1-
(c) If taxpayer was blind at the end of 1954, write the FIGURE 1-
(d) If your wife (or husband) had no income in 1954, or if this is a joint return, write the FIGURE 1 for her (or his) exemption-
(e) If she (or he) is claimed as an exemption in (d) obove and wos 65 or over at the end of 1954, write the FIGURE 1
(f) If she (or he) is cloimed as an exemption in (d) above ond was blind ot the end of 1954, write the FIGURE 1
14. EXEMPTIONS FOR YOUR CHILDREN AND OTHER DEPENDENTS (List below)
Name (also sive address If different from yours)
Relationship
Answer ONLY for dependents other than children
^ Enter Figure 1 in the lost column to right for each name
listed.
Did dependent
liave gross
income of $600
or more?
Amount YOU spent for
dependent's support.
If 100%. write "All"
Anioiint spent by OTHERS
including dependent
>►
>-
>►
>>
>►
>-
15. Enter total number of exemptions listed in items 13 ai
-^
126
1
4
FACSIMILES OF TAX RETURNS FOR 1954
FOR EMPLOYEES EARNING LESS THAN $5,000
The enclosed card, Form 1040A, offers a simple way for employees receiving less than $5,000 total
income to file their 1954 U. S. income tax returns.
To use this form:
Read instructions below. Be sure you qualify. If you don't, obtain and file a Form 1040.
Fill out the copy on other side for your records.
Transfer answers from your copy to card.
Sign the card and mail it, together with your withholding statements (Forms W-2), to your
District Director in the envelope provided. The Internal Revenue Service will figure your tax
and send you a check for any refund due you or a bill for any amount you owe.
!The tax table sfioum below is only for your information. You do not use this table in preparing Form 1040A. The Internal^
Revenue Service will use the table to figure your tax. The table allows you about 10% of your income as deductions.
This 10% allowance takes Ike place of deductions which are allowed only if you itemize your deductions on Form lOiO, such as the
deductions for charitable contributions, interest, taxes, losses, medical expenses, miscellaneous items, and the new deduction for chtld |
care expenses. If your deductions exceed 10% of your income, it will be to your advantage to use Form 101,0 and itemize them.
GENERAL INSTRUCTIONS
Who Must File. — Every citizen or resident of the
United States under 65 who had $600 ($1,200
if 65 or over) or more gross income.
Who Moy Use U. S. Individual Income Tax
Return, Form 1040A. — If your total gross in-
come was less than $5,000 and consisted entirely
of wages reported on Withholding Statements
(Forms W-2) and not more than $100 total of
other wages, dividends, and interest, you may
use this form. A husband and wife may file a
joint return if their combined incomes do not
exceed these limits. If you had income from
any other sources, you may not use this form
but must file your return on Form 1040. Like-
wise, Form 1040 must be used (1) in making a
separate return of a married person domiciled in
a community property State, (2) if husband or
wife itemizes deductions, (3) if you claim the
status of head of household or surviving widow
or widower, or (4) if you wish to claim credit for
dividends received or retirement income.
When to File.— On or after January 1, 1955,
but not later than April 15, 1955.
Where to File.— With the District Director of
Internal Revenue for your district.
Where to Get Forms. — If you need a Form 1040
you can get one from any Internal Revenue
office, and from most banks and post offices.
Your employer will furnish you with a With-
holding Statement.
Married Couple — Advantage of Joint Re-
turn.— A husband and wife may make a joint
return even though one has no income. To as-
sure any benefits of the split-income provisions,
they should file a joint return. Both husband
and wife must sign a joint return. A joint re-
turn on Form 1040A never results in more tax
than separate returns.
Sick Pay Exclusion. — If an employer contin-
ues to pay wages to an employee under a wage
continuation plan while the employee is absent
from work due to injury or sickness, such pay-
ments may be excluded from the employee's
income, but only to the extent they do not exceed
a weekly rate of $100. However, the exclusion
does not apply to the first seven calendar days of
an absence due to sickness unless the employee
is hospitalized for at least one day during the
period of sickness.
Form lOlOA Instructions
TAX
TABLE INTERNAL REVENUE SERVICE WILL USE TO
FIGURE YOUR TAX
II youi tol»l
Income il—
And ttie
umbel al eiempl
.n„_
"""m
total
ell—
And the
umber ol eiempttoni
la—
Andfou
And ruu v^~
3
And you ate-
Al t«asl
But leu
thin
1
2
1
4 01
Al least
But lest
than
a"S;
(aiel,
smile 0,
amartied
tiKni
lepa-
laleiif
A
mained
couple
lOlnlf,
Sinjlo 01
amairied
peiion
liiini
talel,
A
maided
couple
lO'nlTy
4
5
G
7
8 01
Tourt
«i»-
Youi lai
I-
SO
675
$675
700
SO
4
SO
0
$0
0
$0
0
J2. 325
2.350
$2. 350
2.375
$301
305
$181
185
$181
185
$61
65
$61
66
$0
0
SO
0
SO
0
$0
0
$0
0
700
725
750
775
725
750
775
800
8
13
17
22
0
0
0
0
0
0
0
0
0
0
0
0
2,375
2,400
2,425
2.450
2,400
2,425
2.450
2,475
310
314
319
323
190
194
199
203
190
194
199
203
70
74
79
83
70
74
79
83
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
800
825
850
875
825
850
875
900
26
31
35
40
0
0
0
0
0
0
0
0
0
0
0
0
2.475
2.500
2.525
2.550
2.500
2.525
2.550
2.575
328
332
337
341
208
212
217
221
208
212
217
221
88
92
97
101
88
92
97
101
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
900
925
950
975
925
950
975
1.000
44
49
63
58
0
0
0
0
0
0
0
0
0
0
0
0
2.575
2,600
2,625
2,650
2.600
2. 625
2.650
2,675
346
350
355
359
226
230
235
239
226
230
235
239
106
110
115
119
106
110
115
119
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000
1,025
1.050
1.075
1,025
1,050
1.075
1,100
62
67
71
76
0
0
0
0
0
0
0
0
0
0
0
0
2.675
2,700
2.725
2,750
2,700
2,725
2.750
2,775
364
308
373
377
244
248
253
257
244
248
253
257
124
128
133
137
124
128
133
137
4
8
13
17
0
0
0
0
0
0
s
0
0
0
0
0
0
0
0
1,100
1.125
1.150
1,175
1,125
1,150
1,175
1,200
80
85
89
94
0
0
0
0
0
0
0
0
0
0
0
0
2,775
2.800
2.825
2.850
2.800
2,825
2,850
2,875
382
386
391
395
262
206
271
275
262
266
271
275
142
146
151
165
142
146
151
155
22
26
31
35
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1.200
1.225
1,250
1,275
1,225
1.250
1.275
1,300
98
103
107
112
0
0
0
0
0
0
0
0
0
0
0
0
2.875
2,900
2,925
2,950
2.900
2,925
2,950
2,975
400
405
410
415
280
284
289
293
280
284
289
293
160
164
169
173
160
164
169
173
40
44
49
53
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,300
1,325
1,350
1,375
1,325
1,350
1,375
1,400
116
121
125
130
0
1
5
10
0
0
0
0
0
0
0
0
2,975
3,000
3,050
.1.100
3.000
3,050
3.100
3. 150
420
427
437
447
298
305
314
.323
298
30S
314
323
178
185
194
203
178
185
194
203
58
65
74
83
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1.400
1.425
I. 450
1.475
1,425
1,450
1,475
1,500
134
139
143
148
14
19
23
28
0
0
0
0
0
0
0
0
3. 150
3.200
3.250
3.300
3. ioo
3.250
3.300
3.350
457
467
476
486
332
341
350
359
332
341
350
359
212
221
230
239
212
221
230
239
92
101
110
119
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1.500
1.525
1,550
1.575
1,525
1.550
1,575
1,600
152
157
161
166
32
37
41
46
0
0
0
0
0
0
0
0
3,350
3,400
3,450
3,500
3.400
3.450
3. 500
3.550
496
506
516
526
368
377
386
395
368
377
386
395
248
257
206
275
248
257
266
275
128
137
146
155
8
17
26
35
0
0
0
0
0
0
0
0
0
0
0
0
1,600
1,625
1,650
1,675
1.625
1,650
1,675
1.700
170
175
179
184
50
55
59
64
0
0
0
0
0
0
0
0
3,550
3,600
3,650
3,700
3,600
3.650
3.700
3.750
536
546
556
566
404
414
424
434
404
413
422
431
284
293
302
311
284
293
302
311
164
173
182
191
44
53
62
71
0
0
0
0
0
0
0
0
0
0
0
0
1,700
1,725
1,750
1.775
1.725
1.750
1,775
1,800
188
193
197
202
68
73
77
82
0
0
0
0
0
0
0
0
3,750
3,800
3.850
3,900
3.800
3,850
3,900
3,950
575
585
595
605
443
453
463
473
440
449
458
467
320
329
338
347
320
329
338
347
200
209
218
227
80
89
98
107
0
0
0
0
0
0
0
0
0
0
0
0
1.800
1.825
1.850
1,875
1.825
1.850
1,875
1,900
206
211
215
220
86
91
95
100
0
0
0
0
0
0
0
0
3,950
4.000
4.050
4,100
4.000
4.050
4. 100
4,150
615
625
635
645
483
493
503
513
476
485
494
503
356
365
374
383
356
365
374
383
236
245
254
263
116
125
134
113
0
5
14
23
0
0
0
0
0
0
0
0
1.900
1,925
1.950
1,975
1,925
1,950
1.975
2,000
224
229
233
238
104
109
113
118
0
0
0
0
0
0
0
0
4,150
4,200
4,250
4,300
4,200
4,250
4,300
4.350
655
665
674
684
523
533
542
552
512
521
530
539
392
401
410
420
392
401
410
419
272
281
290
299
152
161
170
179
32
41
60
59
0
0
0
0
0
0
0
0
2,000
2,025
2,050
2,075
2,025
2.050
2,075
2,100
242
247
251
256
122
127
131
136
2
7
11
16
0
0
0
0
4.350
4,400
4.450
4,500
4.400
4,450
4,500
4,550
694
704
714
724
562
572
582
592
518
557
566
675
430
440
450
460
428
437
446
456
303
317
326
335
188
197
200
216
68
77
86
95
0
0
0
0
0
0
0
0
2,100
2, 125
2. 150
2.175
2.125
2, 150
2.175
2,200
260
265
2G9
274
140
145
149
154
20
25
29
34
0
0
0
0
4,550
4,600
4,650
4.700
4,600
4,650
4,700
4,750
734
714
754
704
602
612
622
632
584
593
602
611
470
480
490
500
464
473
482
491
344
353
362
371
221
233
242
251
104
113
122
131
0
0
2
n
0
0
0
0
2,200
2,225
2.250
2.275
2.225
2.250
2.275
2.300
278
283
287
292
158
163
107
172
38
43
47
52
0
0
0
0
4.750
4,800
4.850
4,900
4.800
4,650
4.900
4.950
773
783
793
803
641
651
661
671
620
629
638
647
509
519
629
539
600
509
518
527
380
389
398
107
260
269
278
287
140
119
158
167
20
29
38
47
0
0
0
0
2,300
2.325
296
176
56
0
4,950
5.000
813
681
656
549
536
416
296
176
56
0
FACSIMILES OF TAX RETURNS FOR 1954
127
INSTRUCTIONS FOR FRONT OF FORM 1040A
Item 7. — Enter your social security number and your wife's (hus-
band's) social security number, if any, even though she (he) files
a separate return.
Items 8 ond 9. — Enter the total amount of your wages subject to
income tax and the total amount of income tax withheld as shown on
your Withholding Statements, Forms W-2.
Item 10, — Enter all other taxable income from wages, dividends, or
Interest. Exclude dividends received from corporations in the
United States up to $50. This exclusion does not apply to dividends
received tom mutual savings banks or building and loan asso-
ciations. If joint return and both husband and wife had dividend
income, each is entitled to a $50 exclusion provided it is apphed
against his individual dividend income. If the sum of items 10 (a)
and 10 (b) exceeds $100, you must file a Form 1040.
Item 11. — If more than $72 of F.I.C.A. (Social Security) employes
tax was withheld during 1954 because you worked for more than
one employer, enter the excess, and it vrill be credited against your
income tax. Figure separately for husband and vriie.
Item 12. — See "Sick Pay Exclusion" in general instructions. If
you received such payments and your employer has not excluded
them from the amount of wages shown on your withholding state-
ment (Form W-2), enter your exclusion here. Enclose a state-
ment showing your computation and your name and address.
Items 8(b) to 12(b). — Complete these items only if this is a joint
return. The signatures of both taxpayer and his wife (or husband)
ore required on joint returns.
INSTRUCTIONS FOR BACK OF FORM 1040A
Items 13(a) to (f). — Fill out these items to receive credit for your
exemptions and those of your wife (or husband). Marital status,
age, and blindness must be determined as of December 31, 1954,
except that if the wife or husband of the taxpayer died during the
year, the determination is made as of the date of death.
Item 14. — Fill in this schedule to receive credit for your children,
stepchildren, and other dependents. Each dependent must meet
all of the following tests:
a. Received more than one-half of his or her support from you (or
from wife or husband if this is a joint return).
b. Received less than $600 gross income. (This test does not
apply to your children or stepchildren who are under 19 or who are
students.)
c. Did not file a joint return vrith her husband (or his wife).
d. Was either a citizen, or resident of the United States or a resi-
dent of Canada, Mexico, the Republic of Panama or the Canal Zone.
e. Either (1) had as his principal place of abode your home and
was a member of your household; OR (2) was related to you (or to
husband or wife if this is a joint return) in one of the following ways:
Child
Stepchild
Mother
Father
Grandparent
Brother
Sister
Grandchild
Stepbrother
Stepsister
Stepmother
Stepfather
Mother-in-law
Father-in-law
Brother-in-law
Sister-in-law
Son-in-law
Daughter-in-law
The following if
related by blood:
Uncle
Aunt
Nephew
Niece
FRONT
YOUR COPY
Read instructions carefully.
Complete both sides of form.
Please print.
U. S. INDIVIDUAL INCOME TAX RETURN
If you use this form, the Infernal Revenue Service will compute your tax.
1954
l-u
zo
I- LI
Km
<
QZ
<j
u<
fz
HE
■ y
<
o
o
1. Name
2.
Wife-
(Husband's) Name
3.
Home
Address (Number
and Street <
>r Rurol Route)
(City, Town, or Post Office)
(Zone)
(State)
4.
(C/iec
k) n Sinsle
D Married
5.
Is this
a joint return?
DYes
DNo
6. Is wife (husband) filing separately? D Yes D No
7. Social Se-
curity No.'^
8. Wases
9. Tax
Withheld ■*"
10. Other
Income ^
11. Special ^
Credit •*■
12. Excldsion->-
Taxpayer's I Your Wife's (Husband's)
(a)
(b)
(a)
(a)
(a)
(a)
C
•^
B
o
(b)
(bT
(bT
(bT
(bF
• List your exemptions on other side.
.5 CM
12
-SO
I declare under the penalties of perjury that this is a true, correct, and complete return
to the best of my knowledge and belief.
Taxpayer's Signature and Date
If joint return. Wife's (Husband's) Signature
and Date
(FOR USE OF INTERNAL REVENUE SERVICE)
BACK
YOUR COPY
13. EXEMPTIONS FOR YOURSELF AND WIFE (OR HUSBAND)
EXEMP-
TIONS
(a) For your own exemption, write the FIGURE 1
(b) If you were 65 or over at the end of 1954, write the FIGURE 1
(e) If taxpayer was blind at the end of 1954, write the FIGURE 1
(d) If your wife (or husband) had no income in 1954, or if this is a joint return, write the FIGURE 1 for her (or his) exemption-
(e) If she (or he) is claimed as an exemption in (d) above and was 65 or over at the end of 1954, write the FIGURE 1
(f) If she (or he) is claimed as an exemption in (d) above and wos blind at the end of 1954, write the FIGURE 1 —
14. EXEMPTIONS FOR YOUR CHILDREN AND OTHER DEPENDENTS (List below)
Name (also give address if different from yours)
* Enter Figure 1 in the last column to right for each name
listed.
Relationship
Answer ONLY for dependents other thon children
Did dependent
have gross
income of $600
or more?
Amount YOU spent for
dependent's support.
If 100%, write "All"
Amount spent by OTHERS
Including dependent
1^
15. Enter total number of exemptions listed in items 13 and 14 obove.'
INDEX
* Page
Accounting period 10, 90-91
Adjusted gross deficit 5, 28, 33-35, 38, 75, 79, 81
Adjusted gross income:
Amount 5-6, 11, 2<V-28, 33-35, 38, 42, 46,
48, 58-64, 71-86
By marital status 5, 8, 9-11, 23, 27, 59-68
By States and Territories 24, 71-74, 76
Classes 12-19, 21-23, 33, 35-54, 58-70,
72-75, 80, 82-83
Composition 8
Definition of 6, 9, 28
For returns with alternative tax 5, 24, 26, 29,
56-58, 70
For returns with itemized deductions 5-6, 8,
10-11, 23, 25-28, 33-34,
48, 54-55, 63, 79, 84
For returns with self-employment tax.. 5-6, 9, 23-24
Groups 7-8, 10
Percentage distribution 7-8, 33
Sources 23-26, 33-47, 79, 81-83
Aggregated and simple distributions of number of
returns, adjusted gross income, and tax lia-
bility 33
Aliens 9 , 28
Alimony and separate maintenance payments 9, 26
Alternative tax 5, 24-26, 29, 56-58, 70
Amended returns 10
Annuities and pensions 6, 8-9, 17, 19, 26, 34-35,
37, 41, 45, 53, 79, 81
Average tax 58, 80
Capital gains and losses — Continued Page
Net short-term capital gain or loss... 5, 25-26, 28,
69-70
Returns with alternative tax 5, 24-26, 29,
56-58, 70
Returns with net gain from sales of capital
assets 6, 8, 25-26, 28, 34-35, 37, 41,
45, 52, 69-71
Returns with net loss from sales of capital
assets 6, 8, 25-26, 28, 34-35, 37, 41,
45, 52, 69-71
Returns with normal tax and surtax 24, 28-29,
56-58, 90
Short-term, definition of 26
Synopsis of Federal tax laws affecting 91
Casualty losses 7, 27, 29, 34-35, 48, 84
Characteristics of the year 5
Charts 7-8
Child care 7, 9, 27, 34-35, 48, 84
Citizens and resident aliens 9, 28
Classifications of individual returns 23-24
Community property income 10, 24
Comparative data, 1953 and 1954. (See also
Historical data . ) 5
Computation of tax 6, 10, 15,17, 23-24, 28-29, 89-91
Contributions, charitable:
Amount deducted 6, 9, 15, 26, 34-35, 48, 55, 84
Exceeding 20^ limitation 6, 15, 27
Under 10^ limitation 15, 27
Under 20^ limitation 9, 15, 27
Credit on 1955 estimated tax 30, 39, 43, 47
B
Business or profession:
Deductible expenses 25-28
Income 6, 8-9, 27
Net profit or net loss 25, 34-36, 40, 44, 51,
71, 79, 81, 83
Capital assets:
Long-term 26, 69
Net gain and/or net loss from sales.... 6, 8, 25-26,
28, 34-35, 37, 41, 45, 52, 69-71
Short-term 26, 69
Capital gains and losses:
Capital loss carryover 25-26, 69-70
Description 25-26
Excess of net long-term capital gain over
net short-term capital loss 5, 25-26,
28-29, 70
Fiduciary income inclusion of 25-26
Long-term, definition of 26
Net gain or loss from sales of capital
assets 6, 8, 25-26, 28, 34-35, 37, 41,
45, 52, 69-71
Net long-term capital gain or loss 5, 25-26, 28,
69-70
Declaration of estimated tax 5, 30
Deductions :
Child care 7, 9, 27, 34-35, 48, 84
Contributions 6, 9, 15, 26-27, 34-35, 48, 55, 84
Expenses as outside salesman 9-10, 25, 28
Gifts 6, 9, 15
Interest paid 6, 26-27, 34, 48, 55, 84
Itemized 5-6, 8, 10-11, 23, 25-27, 33-34,
48, 55, 63, 79, 84
Losses from fire, storm, other casualty,
theft 7, 27, 29, 34-35, 48
Medical and dental expenses (including drug
costs) 6-7, 9, 16-17, 27, 34-35, 48, 55, 84
Net operating loss 6, 8, 25-26, 29, 34-35, 37,
41, 45, 79, 81
Nonbusiness 5, 8, 10, 26-27, 34-35, 55
Other 9, 27, 34, 48, 84
Sick-pay exclusions 6, 9-10, 12, 24-25
Standard 6, 10-11, 23, 28, 34, 61, 79
Taxes 6, 27
Total 11, 34, 48, 79, 84
Transportation expenses not reimbursed 9, 10,
25, 28
Deficit, adjusted gross 5, 28, 33-35, 38, 75, 79, 81
Dependents :
Defined 8-9, 24, 27-28, 89
Students 9, 28
Test for determining 9, 28
129
130
INDEX
Page
Description of sample and limitations of data... 21-23
Dividends received:
After exclusions 10, 1^, 25-26, 35-36, AO, 44,
50, 71
Credit for 5-6, 8-10, 12-15, 29, 38, 42,
46, 49, 56-57
Eligible for exclusion 13-14, 25-26
Foreign and domestic 25, 29
Total 5-6, 8, 10, 13-15, 38, 42, 46,
49, 56-57, 79, 81
Effective tax rates. (See also Tax rates.) 58
Employee ' s death benefits 9
Estates and trusts, income and/or loss from 6, 8,
25-26, 34-35, 38, 42, 46, 54, 79-81
Estimated tax 5, 30
Exemptions :
Age and/or blindness 8, 11-12, 17-19, 27-28, 65,
67, 87
Amount of 9-12, 26-28, 36-44, 46-47, 49,
59-64, 89
Marital status 5, 10-12, 23, 27-28, 89
Number 11-12, 27-29, 65-68, 89
Other than age and/or blindness 24-25, 27-28,
65-68, 89
Per capita 5, 12, 24, 27-28, 89
Personal 8-12, 27-28, 89
Expenses as outside salesman 9-10, 25, 28
Explanation of classifications and terms 23-27
Facsimiles of income tax returns 94-127
Federal tax laws , synopsis of 87-91
Filing requirements 89, 91
Fiscal year returns 10, 29
Foreign tax credit 5, 8, 13, 29, 43, 47, 49
Forms (1040 and 1040A) . . . 1, 10-14, 21-26, 28-30, 95-127
Pagg
Income. (See Adjusted gross. Gross, Other,
Sources of. Taxable.)
Income earned over period of years 8-9, 17
Income from estates and trusts (fiduciaries).... 6, 8,
13, 25-26, 34-35, 38,
42, 46, 54, 79, 81
Income tax before credits 29, 42, 46, 49
Income tax laws. (See also Internal Revenue
Code of 1954.) 87-92
Income tax liability 5, 7, 9-10, 29, 33, 39, 43, 47,
49, 56-64, 71-74, 79-80, 86
Income tax liability after credits 29, 33, 39, 43,
47, 49, 56-64, 71-74, 79-80, 86
Income taxes paid to foreign countries and
United States possessions.... 5, 8, 12, 29, 43, 47, 49
Individual income tax provisions for 1954:
Gross income, 65 and older 8, 17-18, 28
Income tax rates 5, 8, 10-11, 28-29, 56-58,
90-91
Period of time covered
Insurance as reimbursement of medical expenses.
(See
90-91
17
26-27
29
Interest from tax-free covenant bonds
al so Tax paid at source . )
Interest paid 6, 26-27, 34, 48, 55, 84
Interest received 6, 25-26, 29, 34-36, 40, 44,
50, 71, 79, 81
Internal Revenue Code of 1954 Ill, 8-10, 12, 15-16,
24, 26, 28, 89-91
Introduction 1
Itemized deductions:
Explanation of 23, 26-27
Nonbusiness 5, 8, 10, 26-27, 48, 55
Returns with 6, 10-11, 33-34, 48, 54, 63
Joint returns of husbands and wives 6, 10-13, 15,
23, 27-28, 36-43, 56, 59,
61, 63, 65-66, 89-90
Gambling losses and profits 26
Gifts 6, 9, 15
Gross income: (See also Adjusted gross income.)
Exclusions from 6, 8-9
Requirements for filing 28, 89
H
Heads of household 5,
9-12, 23-24, 27-28, 57, 60,
62-64, 67, 89-90
Historical data, 1913-1944. (See "Statistics of
Income for 1950, Part 1.")
Historical data, 1945-1954:
Adjusted gross deficit 79, 81
Adjusted gross income 79-86
Adjusted gross income classes 79-80, 82-83
Average income tax per taxable return 80
Deductions 79 , 84
Effective income tax rate 90
Laws, synopsis of Federal tax 89-91
Losses 79, 81
Nontaxable returns 79
Number of returns 79-80 , 85
Sources of income 79, 81-83
States and Territories 85-86
Tax liability (income and self-employment
tax) 79-80
Tax rates (1944-1954) 90-91
Taxable returns 79
Husbands, returns of. (See also Married persons
and Marital status.).. 9-12, 27, 59, 61, 63, 65-66, 89
Laws , synopsis of Federal tax 87-92
Life insurance 9
Long-form returns. (See Forms.)
Long-term capital assets 26, 69
Long-term capital gain or loss, net 5, 25-26,
28-29, 70
Losses, casualty 7, 27, 29, 34-35, 48, 84
M
Major characteristics of 1954
Marital status 5, 8-11, 23, 27, 59
Married persons :
Deductions
Returns of 9-12, 17, 23-24, 27, 56,
63, 65, 67-68
Tabulation of returns for
Maximum rate limitation
Medical and dental expenses:
Cost of medicine and drugs 9, 16'
Deductions for 6-7, 9, 16-17, 27
Insurance compensation for 17
Total 6-7, 9, 16-17, 27, 35, 48,
Methods of taxpayment
N
Net capital gain or loss. (See Capital gains
and losses . )
Net deficit. (See Adjusted gross deficit.)
■68, 89
9
-12
59,
61.
, 89
-90
11
28,
90
-17,
27
. 34
-35
. 26
-27
55.
84
5-6
INDEX
Page
131
Net gain and/or loss from sales of capital
assets 6, 8, 25-26, 28, 3^-35, 37, 41, ^5,
52, 69-71, 79, 81
Net gain and/or loss from sales of property
other than capital assets 26, 79, 81
Net income. (See Taxable income.)
Net operating loss deduction 6-8, 25-26, 29, 3'i-35,
37, Ul, 45, 79, 81
Net profit or loss from business or profession.. 25,
34-36, 40, 44, 51, 71, 79, 81, 83
Net profit or loss from partnerships 6, 25, 34-36,
40, 44, 51, 71, 79, 81, 83
Net profit or loss from rents and royalties 6, 8,
26, 34-35, 37, 41, 45,
53, 71, 79, 81, 83
No adjusted gross income (deficit), returns with 5, 23,
33, 36-55, 59-69, 75, 77, 81-84
Nonbusiness deductions 5, 8, 10, 26-27, 34-35, 55
Nontaxable and taxable returns combined 5, 11-15,
18-19, 33-57, 59-69, 71-74, 79
Nontaxable returns 5, 10-12, 23, 33-57, 59-69,
71-74, 79
Normal tax 8, 90
Normal tax and surtax 8, 24, 28-29, 56-58, 90
Normal tax net income. (See Taxable income.)
Number of exemptions 11-12, 27-29, 65-68, 89
Number of exemptions classes 24, 65-68, 89
Number of returns. (See the specific classifi-
cations of interest.)
Number of returns filed 5-7, 11, 21, 33-36
Operating loss deduction, net 6-8, 25-26, 29, 34-35,
37, 41, 45, 79, 81
Optional return. Form 1040A 1, 10-11, 21-26, 28,
125-127
Optional standard deduction. (See also Standard
deduction.) 10' 23-24, 28
Optional tax 5, 10, 24, 28-29
Other deductions 9, 27,. 34, 48, 84
Other sources of income 8, 14, 26, 34-35, 38,
42, 46, 79, 81
Other "Statistics of Income" Publications for
1954.
IV
Overpayment (refund, or credit on 1954 estimated
tax) 5-6, 30, 39, 43, 47
Partially tax-exempt interest credit... 5, 8, 25-26, 29,
39, 43, 47, 49
Part year returns 10, 29
Partnerships:
Deductible expenses 25
Dividends received ^> 25
Net profit or net loss 6, 25, 34-36, 40, 44,
51, 79, 81, 83
Payments on 1954 declaration of tax 30, 39, 43, 79
Pensions. (See Aimuities and pensions.)
Percentage distribution of number of returns,
adjusted gross income, and tax liability 33
Percentage increase or decrease in number of
returns, income, deficit, and taxes: 1954 and
1953 5
Personal exemptions 9-11
Prior years, compensation for 25-26, 69-70
Prizes and awards 8-9 , 26
Property other than capital assets, sales of.. 6, 8, 28,
34-35, 37, 41, 45, 52, 79, 81
R Page
Receipts, total, from business or profession 6, 25,
34-36, 71, 81, 83
Receipts, total, from partnership... 6, 34-36, 71, 81, 83
Recovery of bad debts 26
Refunds 5-6, 28, 30, 39, 43, 47
Rents and royalties:
Deductions for 28-29
Definition of 26
Interest relating to 27
Net profit or net loss from.... 6, 8, 26, 34-35, 37,
41, 45, 53, 71, 79, 81, 83
Requirements for filing 89 , 91
Resident aliens '^ > 28
Retirement income and credit 5, 7-8, 10, 17-19, 29,
38, 42, 46, 49, 56
Returns from which data were tabulated 1, 9-10
Retiirns , method of taxpayment used 5^6
Revenue Acts amending Code 89-91
Rewards. (See Prizes and awards.)
Royalties, rents and 6, 8, 26-29, 34-35, 37, 41,
45, 53, 71, 79, 81, 83
Salaries and wages 6, 8, 10, 12, 24-25, 29-30,
34-36, 40, 44, 50, 71, 79
Sales of capital assets, net gain or net loss... 6, 8,
25-26, 28, 34-35, 37, 41, 45,
52, 69-71, 79, 81
Sales of property other than capital assets, net
sain or net loss 6, 8, 28, 34-35, 37, 41, 45,
^ 52, 79, 81
Sample, description of ^^'^^
Scholarship and fellowship grants 9
Self-employment tax 5-6, 9, 23-24, 29, 75-76,
Separate returns of husbands and wives 9-12, 16,
23-24, 27, 56, 59, 61, 63,
66, 89-90
Short-form returns. (See Forms.)
Short-term capital assets 26, 69
Short-term capital gain or loss, net 5-6, 24-26,
28-29, 69-70
Sick pay exclusions 6, 9-10, 12, 24-25
Simple and aggregated distributions of number
of retiorns, adjusted gross income, and tax
33
9, 11-12, 27, 56, 60, 62,
64, 68, 89-90
Size of deduction 23, 55
Size of source 23, 50-54
Sole proprietors. (See also Business or pro-
f ession. ) •_ ^' ^-^
Sources of income or loss comprising adjusted
gross income 23-24, 34-47, 79, 81-83
Split-income rate 5 , 9 , 11 , 28
Standard deduction 6, 10-11, 23, 28, 34, 61, 75
6
6
liability.
Single persons, returns of.
State and local taxes
State and municipal bonds
States and Territories 24, 71-74, 76, 85-86
Summary, general. (See Major characteristics.)
Surtax:
Amount of -^L
Defined 29
Percent limitation of taxable income 90
Rates 8, 24, 28-29, 58
Returns with • 56-58
Surtax net income. (See Taxable income.)
Surviving spouse 9-12, 23-24, 27-28, 56, 60,
62, 64, 67-68, 89-90
Sweepstake winnings ^°
Synopsis of tax laws for Individual income 87-92
132
INDEX
T Page
Tabulated data. (See also Basic tables. Indi-
vidual Retiirns, 1954, pp. 33-76.) 5, 11-15,
17-2^, 28
Tax. (See Alternative, Average, Computation of ,
Effective rate. Estimated, Foreign, Federal
tax laws. Normal, Optional, Method of payment.
Self-employment, State and local. Surtax.)
Tax base. (See Taxable income.)
Tax computation 6, 10, 15-16, 23-2-4, 28-30,
89-91
Tax credits:
Dividends received 5-6, 8-10, 12-15, 29, 38,
A2, Ae, A9, 56-57
Foreign tax 5, 8, 29, 39, '43, /V?, A9
Partially tax-exempt interest 5, 8, 25-26, 29,
39, A3, 47, A9
Retirement income 5, 7-8, 10, 17-19, 29, 38,
A2, 46, 49, 56
Tax paid at source 5, 29, 39, 43, 47, 49
Tax due at time of filing 30, 39, 43, 47
Tax-free covenant bonds, interest on. (See also
Tax paid at source, ) 29
Tax items 28-30
Tax liability:
Amount 5, 33, 39, 43, 47, 49, 56-64,
71-74, 79-80, 86
Income tax 5, 7, 9-10, 29, 33, 39, 43,
47, 49, 56-64, 71-74, 79-80, 86
Returns 5, 9, 56-57
Self -employment tax 5, 23, 79
Tax limitation 28-29, 90
Tax overpayment. (See ai so Refunds. ) 5-6
Taxpayments 5-6, 29-30, 39, 43, 47
Tax paid at source credit 5, 29, 39, 43, 47, 49
Tax rates '5, 8, 10-11, 28-29, 56-58, 90-91
Tax rates, effective 58
Page
Tax refund 5-6, 28, 30, 39, 43, 47
Tax withheld 5, 29-30, 39, 43, 47
Taxable income:
Amount of 5, 11, 33, 38, 42, 46, 49,
56-64, 77
Classes 23, 26, 56-57
Computation of 8, 10, 15, 25-28
Definition of 8, 28
Returns with itemized deductions 6, 10, 26-27,
33-34, 48, 54, 63
Taxable and nontaxable retxirns:
Classification of 5
Combined 5, 11-15, 17-19, 33-57, 59-69,
71-74, 79
Taxable returns 5, 10-19, 23, 33-74, 79-80
Taxes paid 6, 26-27
Tax paid to a foreign country or possession of
the United States 5, 8, 13, 29, 43, 47, 49
Tentative returns 10
Total deductions 11, 34, 48, 79, 84
Travel expenses not reimbursed 9-10, 25, 28
Trusts, income and/or loss from estates and... 6, 8, 25,
34-35, 38, 42, 46, 54, 79, 81
Types of tax. (See also Normal tax. Surtax,
Alternative tax. Optional tax, and Self-
employment tax. ) 24
Wage continuation plan 9
Wages, salaries and 6, 8, 10, 12, 24-25, 29,
3^36, 40, 44, 50, 71, 79
Wives, returns of. (See also Married persons
and Marital status.) 9-12, 27, 59, 61, 63,
65-66, 89
Withheld tax 5, 29-30, 39, 43, 47
U. S. GOVERNMENT PRINTING OFFICE : 1957 O -445805
Live Music Archive
Librivox Free Audio
Metropolitan Museum
Cleveland Museum of Art
Internet Arcade
Console Living Room
Books to Borrow
Open Library
TV News
Understanding 9/11