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TREASURY DEPARTMENT UNITED STATES INTERNAL REVENUE STATISTICS OF INCOME FROM RETURNS OF NET INCOME FOR 1920 INCLUDING STATISTICS FROM CAPITAL STOCK TAX RETURNS, 1922 FEDERAL ESTATE TAX RETURNS, 1916-1921 COMPILED UNDER THE DIRECTION OF THE COMMISSIONER OF INTERNAL REVENUE WASHINGTON GOVERNMENT PRINTING OFFICE 1922 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Income 1920

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Page 1: Income 1920

TREASURY DEPARTMENT

UNITED STATES INTERNAL REVENUE

STATISTICS OF INCOMEFROM

RETURNS OF NET INCOME FOR 1920

INCLUDING STATISTICS FROM

CAPITAL STOCK TAX RETURNS, 1922

FEDERAL ESTATE TAX RETURNS, 1916-1921

COMPILED UNDER THE DIRECTION OF THE

COMMISSIONER OF INTERNAL REVENUE

WASHINGTON

GOVERNMENT PRINTING OFFICE

1922

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Page 2: Income 1920

ADDITIONAL COPIESOF THIS PUBLICATION MAY BE PROCURED FROM

THE SUPERINTENDENT OF DOCUMENTSGOVERNMENT PRINTING OFFICE

WASHINGTON, D. C.AT

15 CENTS PER COPY

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Page 3: Income 1920

CONTENTS.

CHART: Page.Showing by income classes the number of personal income-.tax returns

filed for the calendar year ended December 31, 1920 Frontispiece.OFFICIAL TRANSMITTAL 1RETURNS FILED 1

PERSONAL INCOME-TAX RETURNS 2Distribution by States and Territories and by population 2

Text table—Personal returns, by States and Territories, and percapita distribution, calendar year 1920 2-3

Simple and cumulative distribution, by income classes 4Text table—Simple and cumulative distribution of personal

returns, by income classes, calendar year 1920 4-5Classification by sex and family relationship 5

Text table—Distribution of personal returns, by sex and familyrelationship, calendar year 1920. 5

Income exempt from normal tax 5Text table—Net income exempt from and amount subject to nor-

mal tax, personal returns, calendar year 1920 5Service, business, and property as sources of income 6

Text table—Distribution by sources, personal income, calendaryear 1920 6

Sources of income and deductions, by income classes 6Text tables-

Distribution by sources of income and deductions, by incomeclasses, calendar year 1920 6-7

Distribution of personal income, by sources and by incomeclasses, showing the proportion from each source expressedin percentages, calendar year 1920 7

Income from business 8Text table—Income reported from business pursuits, personal

returns, calendar year 1920 8PARTNERSHIPS AND PERSONAL SERVICE CORPORATIONS 8CORPORATION INCOME-TAX RETURNS 8

Corporations distributed by industrial groups 9Text table—Distribution of corporations by industrial groups and

into those reporting net income and those reporting no netincome, calendar year 1920 9-10

Income and deductions 11Text tables-

Distribution of corporation income by industrial groups and%by nature of deductions, calendar year 1920 * 11-12

Percentage distribution of corporation income and deductionsby industrial groups, calendar year 1920 13

Income on Federal obligations not wholly exempt from tax 13Income wholly exempt from tax 13Corporation returns distributed by size of net income

Text table—Corporation returns distributed by size of netincome, calendar year 1920 14

Corporations reporting invested capital 14Text table—Corporations reporting invested capital distributed by

industrial groups, calendar year 1920 15-16INCOME RETURNS BY STATES 16

Combined personal and corporation income and tax 16Text table—Personal and corporation income and tax by States and

Territories, calendar year 1920 17

HI

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Page 4: Income 1920

IV CONTENTS.

Page.INCOME FROM FOREIGN INVESTMENTS AND RETURNS OF ALIENS 18

Text t ab les -Income from sources within the United States and its possessions 18Income from sources in foreign countries 18

PROGRESS OF INCOME TAXATION 18Text t ab les -

Personal returns, number filed for calendar years 1920, 1919, 1918,1917, and 1916, by income classes 18

Personal returns, net income reported for calendar years 1920, 1919,1918, 1917, and 1916 by income classes J 19

Personal returns, tax yield for calendar years 1920, 1919, 1918, 1917,and 1916, by income classes/ 20

Personal returns, average tax and average rate of tax per individual,calendar years 1920, 1919, 1918, 1917, and 1916, by income classes.. 21

Personal returns, number filed for calendar years 1920, 1919, 1918,1917, and 1916, by States and Territories 22

Personal returns, net income reported for calendar years 1920, 1919,1918, 1917, and 1916, by States and Territories 23

Personal returns, tax yield for calendar years 1920, 1919, 1918, 1917,and 1916, by States and Territories 24

Personal returns, income by sources, for calendar years 1920, 1919,1918, 1917, and 1916 25

Corporation returns, number filed for calendar years 1920, 1919, 1918,1917, and 1916, by States and Territories 26

Corporation returns, net income reported for calendar years 1920, 1919,1918, 1917, and 1916, by States and Territories 27

Corporation returns, tax yield for calendar years 1920, 1919, 1918, 1917,and 1916, by States and Territories 28

SUMMARY OF INCOME AND TAX REPORTED BY YEARS 28Text tables-

Number of personal returns, calendar years 1914-1920, by incomeclasses 29

Returns of net income by years—personal and corporation.. 29Income tax yield by years—personal, partnership, and corporation.. 30

CAPITAL STOCK TAX RETURNS 30-31Text tables-

Distribution by industrial groups, showing capital stock, fair value,and tax 32-33

Distribution by industrial groups—Percentage table, showing ratiosto total par value 34-35

Distribution by size of capital stock, fair value, showing capital stock,fair value, and tax 36-37

Distribution by States and Territories, showing capital stock, fairvalue, and tax • 38-39

FEDERAL ESTATE TAX RETURNS 40Text tables-

Distribution by size of net estate—Returns filed under the revenueacts of 1916, 1916 amended, 1917, and 1918, inclusive 41

, Returns of nonresident decedents, distributed by size of net estate—Returns filed under the revenue acts of 1916, 1916 amended, 1917,and 1918, inclusive 42

BASIC TABLES.

PERSONAL INCOME TABLES—Nos. 1-7 AND 11:Distribution by States—

1. For the United States 44-45Distribution by income classes—

2. For the United States 46-47Simple and cumulative distribution by income classes—

3. For the United States 48-50Sex and family relationship—Distribution by States—

4. For the United States 52-53Sex and family relationship—Distribution by income classes—

5. For the United States 54-55

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Page 5: Income 1920

CONTENTS.

PERSONAL INCOME TABLES—Nos. 1-7 AND 11—Continued.Distribution by sources and by States—

6. For the United States 56-57Distribution by sources and by income classes—-

7. For the United States 58-59Distribution by income classes—

11. By States and Territories 78-113CORPORATION INCOME TABLES—Nos. 8-10:

Distribution by States—8. For the United States 60-61

Distribution by industries—9. For the United States 62-69

Distribution by income classes by industrial groups—10. For the United States 70-77

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Page 6: Income 1920

STATISTICS OF INCOME—CALENDAR YEAR 1920.

TREASURY DEPARTMENT,OFFICE OF COMMISSIONER OF INTERNAL REVENUE,

Washington, D. C, Sept 20, 1922.Hon. A. W. MELLON,

Secretary of the Treasury.SIR: I have the honor to transmit the following statistical report

of economic data compiled from the returns of individuals, corpora-tions, and partnerships reporting net income for the calendar yearended December 31, 1920. There are also included herein tablesprepared from capital stock tax returns, 1922, and Federal estatetax returns, 1916-1921.

RETURNS FILED.

The number of individuals who filed income-tax returns for thecalendar year ended December 31, 1920, was 7,259,944. The aggre-gate net income reported by these returns was $23,735,629,183, andthe tax (normal tax and surtax) amounted to $1,075,053,686. Ascompared with 1919, the above figures show a growth of 1,927,184in the number of returns filed and an increase in the total net incomereported amounting to $3,876,137,735, but a decrease of $194,576,418in the total tax.

The number of corporation income-tax returns for the calendaryear 1920, other than those of personal service corporations, was345,595. Of these, 203,233 reported net income amounting to$7,902,654,813; income tax, $636,508,292; war-profits and excess-profits tax, $988,726,351; total tax, $1,625,234,643.

For the calendar year 1919 the number of corporation returns was320,198, of which 209,634 reported net income totaling $9,411,418,458and tax aggregating $2,175,341,578.

The aggregate net income and tax reported for each of the years1917-1920, inclusive, in the returns filed by individuals and corpora-tions are as follows:

Year.

1917..191819191920

Net income.

$24,382,743,41824,286,150,60429,270,909,90631,638,283,996

Increase ordecrease.

••-w«i-8i4-4,984,759,3022,367,374,090

Income andprofits tax.

$2,833,938,7234,286,486,2573,444,971,6822,700,288,329

Increase ordecrease.

§1,452 547 534-841,514,575-744,683,353

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Page 7: Income 1920

2 STATISTICS OF INCOME.

PERSONAL INCOME-TAX RETURNS.

In the following .table is visualized the distribution of the personalreturns by States and Territories, as well as the per capita incomeand tax, according to the population reported by the FourteenthCensus of the United States, 1920. As relating to the entire popula-tion of the United States subject to Federal income tax, the propor-tion filing returns was 6.85 per cent. The per capita net incomereported was $223.87 and the per capita income tax was $10.14.

On the basis of returns filed, the average net income reported for1920 was $3,269.40, the average amount of tax $148.08 and theaverage tax rate 4.53 per cent.

Personal returns, by States and Territories, and -per capita distribution, calendar year 1920.

States and Terri-tories.

Population,census 1920.

Returns.

Number.Per

cent oftotal.

Net income.

Amount.Per

cent oftotal.

Tax.

Amount.Per

cent oftotal.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMaryland,.-..MassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Total

2,348,17454,899

334,1621,752,2043,420,861

939,6291,380,631

223,003437,571968,470

2,895,832255,912431,866

6,485,2802,930,3902,404,0211,769,2572,416,6301,798,509

768,0141,449,6613,852,3563,668,4122,387,1251,790,6183,404,055.

548,8891,296,372

77,407443,083

3,155,900360,350

10,385,2272,559,123646,872

5,759,3942,028,283783,389

8,720,017604,397

1,683,724636,547

2,337,8854,663,228449,396352,428

2,309,1871,356,6211,463,7012,632,067194,402

52,9849,89924,81238,113396,97374,198148,19518,93769,73042,21073,32513,71525,755542,467189,587183,39899,25578,25869,34047,717148,000401,770305,075154,11828,022162,19945,55797,72910,38135,9S3296,98913,656

1,047,63447,34224,209447,99881,78567,640672,74653,12833,04434,67065,054224,61730,51019,20592,576148,06796,326150,45224,594

0.73.14.34.535.471.022.04.26.96.581.01.19.357.472.612.531.371.08.96.662.045.534.202.12.392.23.631.35.14.50

4.08.19

14.42.65.336.171.13.93

9.27.73.46.48.903.09.42.261.282.041.332.07.34

$156,604,93319,400,77567,280,486118,060,710

1,329,006,594219,277,184451,757,70255,633,321208,388,174141,105,124228,619,71655,572,89667,391,639

1,836,956,942556,061,991631,560,789306,413,429243,879,230237,109,145143,455,545482,195,448

1,368,406,648895,679,238453,212,24183,954,352548,130,178109,348,194306,362,70625,337,934100,431,539977,853,62736,923,120

4,030,623,696163,799,83766,188,434

1,407,388,003295,790,791193,652,281

2,212,178,029180,303,990109,246,657103,578,036212,600,105720,720,16282,278,38959,303,302273,235,229375,979,893287,729,460436,436,81063,244,529

0.66.08.28.505.60.921.90.23.88.59.96.23.287.742.342.661.291.031.00.602.035.763.771.91.352.31.461.29.11.42

4.12.16

16.99

5.941.25.82

9.32.76.46.44.90

3.04.35.251.151.581.211.84.27

106,021,431 7,259,944 100.00 23,735,629,183 100.00

$4,482,805248,605

1,325,9053,268,45050,447,5056,766,90015,774,5982,122,0258,536,6325,242,7057,697,6934,075,5391,086,61485,409,20315,780,12418,776,9908,351,3037,292,0989,626,5914,892,41921,189,23369,368,99440,493,26115,169,8692,495,20721,877,7012,033,1908,363,305390,077

2,720,79343,275,477

612,573286,607,2809,620,6751,105,80156,285,16813,548,2116,649,011

118,750,98911,685,1633,236,8752,228,1877,565,00925,400,8491,506,7812,259,1297,404,2019,094,7648,517,26813,232,5311,161,320

1,075,053,686

0.42.02.12.30

4.69.631.47.20.79.49.72.38.107.931.471.75.78.68.90.461.976.453.771.41.232.03.19.78.04.25

4.03.06

26.65.89.105.241.2(>.62

11.051.09.30.21.702.36.14.21.69.85.791.23.11

100.00

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Page 8: Income 1920

STATISTICS OF INCOME. 3

Personal returns, by States and Territories, and per capita distribution, calendar year 1920—Continued.

States and. Territories.

Per centof popu-

lationfiling

returns.

Averagenet incomeper return.

Averageamount

of tax perreturn.

Per capitanet incomereported.

Percapitaincome

tax.

AlabamaAlaskaArizona.ArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia.FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Total

2.2618.037.432.18

11.587.90

10.738.49

15.944.362.535.365.968.366.477.635.613.243.866.21

10.2110.438.326.461.564.768.307.54

13.418.129.413.79

10.091.853.747.784.038.637.718.791.965.452.784.826.795.454.01

10.916.585.72

12.65

6.85

$2,955.701,959.872,711.613,097.653,347.852,955.303,048.272,937.812,988.503,342.933,117.904,051.982,616.643,386.302,933.023,443.663,087.133,116.353,419.513,006.383,258.083,405.952,935.932,940.682,996.013,379.372,400.253,134.822,440.792,791.083,292.562,703.803,847.343,459.932,734.043,141.513,616.692,862.983,288.283,393.773,306.092,987.543,268.063,208.662,696.773,087.912,951.472,539.262,987.042,900.842,571.54

3,209.40

$84.6125.1153.4485.76

127.0891.20

106.44112.06122.42124.21104.98297.1642.19

157.4583.23102.3884.1493.18138.83102.53143.17172.65132.7398.4389.04134.8844.6385.5837.5875.61145.7144.86273.57203.2245.68125.64165.6698.30176.52219.9497.9664.27116.29113.0949.39117.6379.9861.4288.4287.9547.22

$66.69353.39201.3467.37387.82233.37327.18249.47476.23145.7078.95217.16156.05283.25189.76262.71173.19100.91131.83186.79332.62355.21244.16189.8646.89161.02199.22236.32327.33226.67309.85102.46388.1164.01102.32244.36145.83247.20253.69298.3264.88162.7290.94154.55183.09168.27118.33277.14196.58165.82325.33

$1.914.533.971.87

14.727.20

11.439.52

19.515.412.66

15.932.52

13.175.387.814.723.025.356.37

14.6218.0111.046.351.396.433.706.455.046.14

13.711.70

27.603.761.719.776.688.49

13.6219.331.923.503.245.453.356.413.216.705.825.035.97

148.08 223.87 10.14

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Page 9: Income 1920

4 STATISTICS OF INCOME.

SIMPLE AND CUMULATIVE DISTRIBUTION, BY INCOME CLASSES (PER-SONAL R E T U R N S ) .

The distribution of personal returns by income classes is exhibitedin the following table, which shows the number of returns filed, theamount of net income, and the tax yield, also cumulative totals andrelative percentages.

Simple and cumulative distribution of personal returns by income classes, calendar year1920.

Income classes.

$1 000 to $2,000..$2 000 to $3 000$3 000 to $5,000$5 000 to $10 000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000$150,000 to $300,000$300,000 to $500,000$500,000 to $1,000,000$1,000,000 and over

Total

Income classes.

$1 000 to $2 000$2 000 to $3,000$3,000 to $5,000$5/100 to $10 000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000$150,000 to $300,000$300,000 to $500,000$500,000 to $1,000,000$1,000,000 and over

Total

Returns.

Simple distribution.

Number ineach class.

2,671,9502,569,3161,337,116

455,442171,83038,54812,0932,1911,063

23912333

7,259,944

Percent

oftotal.

36.8035.3918.426.272.37.53.17.03.014.003.002.001

100.00

Cumulative distribution.

Over theclass below.

7,259,9444,587,9942,018,678

681,562226,12054,29015,7423,6491,458

39515633

Under theclass above.

2,671,9505,241,2666,578,3827,033,8247,205,6547,244,2027,256,2957,258,4867,259,5497,259,7887,259,9117,259,944

Cumulativepercentages.

Overthe

classbelow.

100.0063.2027. 819.393.12.75.22.05.02.006.003.001

Underthe

classabove.

36.8072.1990.6196.8899.2599.7899.9599.9899.99499.99799.999

100.00

Net income.

Simple distribution.

Amount ineach class.

$4,050,066,6186,184,543,3685,039,607,2393,068,330,9632,547,904,7861,307,785,113

810,386,333265,511,505215,138,67389,313,55279,962,89477,078,139

23,735,629,183

Percent

oftotal.

17.0626.0621.2312.9310.735.513.411.12.91.38.34.32

100.00

Cumulative distribution.

Over theclass below.

$23,735,629,18319,685,562,56513,501,019,1978,461,411,9585,393,080,9952,845,176,2091,537,391,096

727,004,763461,493,258246,354,585157,041,03377,078,139

Under theclass above.

$4,050,066,61810,234,609,98615,274,217,22518,342,548,18820,S90,452,97422,198,238,08723,008,624,42023,274,135,92523,489,274,59823,578,588,15023,658,551,04423,735,629,183

Cumulativepercentages.

Overtheclass

below.

100.0082.9456. 8835.6522.7211.996.483.071.951.04.66.32

Underthe

classabove.

17.0643.1264.3577.2«88.0193.5296.9398. 0598. 9699.3499. 68

100.00

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Page 10: Income 1920

STATISTICS OF INCOME. 5

Simple and cumulative distribution of personal returns by income classes, calendar year1920—Continued.

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000....$25,000 to $50,000....$50,000 to $100,000...$100,000 to $150,000..$150,000 to $300,000..$300,000 to $500,000..$500,000 to $1,000,000.$1,000,000 and over. .

Total

Tax (normal tax and surtax).

Simple distribution.

Amount ineach class.

$36,859,73245,507,82183,496,11697,886,033

172,259,321154,265,276163,717,71986,587,69492,604,42347,043,46145,641,00549,185,085

1,075,053,686

Percentof

total.

3.434.237.779.11

16.0214.3515.238.058.614.384.254.57

100. 00

Cumulative distribution.

Over theclass below.

$1,075,1,038,992,909,811,639,484,321,231,141,94,49,

053,686193,954686,133190,017303,984044,663779,387061,668473,974869,551826,090185,085

859,732367,553863,669749,702009,023274,299992,018579,712184,135227,596868,601053,686

CLASSIFICATION BY SEX AND FAMILY RELATIONSHIP (PERSONALRETURNS).

The following table shows the distribution of the personal returnsaccording to family relationship:Distribution of personal returns, by sex and family relationship, calendar year 1920*

Status of family relationship.

Joint returns of husbands and wives, with or withoutdependent children, and of husbands whose wives,though living with them, filed separate returns

Wives making separate returns from husbandsHeads oi families, menHeads of families, women. . . .All other, menAll other, womenCommunity property income

Total

Returns.

Number.

3,775,26177,558

474, 574132,181

2,256,565503,69040,115

7,259,944

Percent.

52.021.066.531.82

31.096.94.54

100.00

Net income.

Amount.

$14,988,746,394534,840,405

1,384,463,654388 364 530

4,886,603,4931,264,955,727

287,654,980

23,735,629,183

Percent.

63.152.255.831.64

20.595.331.21

100.00

INCOME EXEMPT FROM NORMAL TAX (PERSONAL RETURNS).

The amount of net income free from normal tax on account ofpersonal exemptions, dividends, and interest on Government obliga-tions not wholly exempt from tax, is shown in the following table:Net income exempt from and amount subject to normal tax, personal returns, calendar

year 1920.

Status of income.

Net income exempt from normal tax:Personal exemptionsDividendsInterest on Government obligations not wholly exempt from tax

TotalNet income subject to normal tax

Total net income

Amount.

$12,834,684,5292,735,845,795

61,549,572

15,632,079,8968,103,549,287

23,735,629,183

Per centof totalnet in-come.

54.0711.52.26

65.8534.15

100.00

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Page 11: Income 1920

STATISTICS OF INCOME.

SERVICE, BUSINESS, AND PROPERTY AS SOURCES OF INCOME ^PERSONALRETURNS).

In the table immediately following is shown the distribution ofthe net income reported according to its origin, that is, whetherfrom personal service or from property.

Distribution by sources, personal income, calendar year 1920.

Source of income.

Personal service:Salaries, wages, commissions, bonuses, directors' fees, etcBusiness, trade, commerce, partnerships, farming, and profits from inci-

dental sales of real estate, stocks, bonds, and other property

T o t a l . •

Property:Rents and royaltiesInterest on bonds, notes, etc.. .Dividends

Total

Total incomeGeneral deductions

Net income

Amount.

$15,270,373,354

5,927,327,538

21,197,700,892

1,047,423,7381,709,299,4282,735,845,795

5,492,568,961

26,690,269,8532,954,640,670

23,735,629,183

Per centof totalincome.

57.21

22.21

79.42

3.926.41

10.25

20.58

100.0011.07

88.93

SOURCES OF INCOME AND DEDUCTIONS BY INCOME CLASSES (PERSONALRETURNS).

The distribution of income from service and business and fromproperty, as well as the total deductions in each income class, areshown in the following table. This table also shows the proportionof the total income reported from each source, as well as the percent of general deductions and net income to total income for eachincome class.

Distribution by sources of income and deductions, by income :, calendar year 1920

Income classes.Income from

personal serviceand business.

$3,887,405,8355,944,266,1894,714,551,3582,778,125,6191,664,528,7401,076,215,589

420,033,836218,189,317129,250,438155,356,19655,659,73634,808,13426,378,02445,506,80428,293,54610,640,587

153,7338,337,211

21,197,700,892

Per centof totalincomein eachclass.

90.8891.0485.5976.8467.5758.8852.5149.7648.8044.7042.2137.3342.3436.6427.7739.291.68

12.14

79.42

Income fromproperty.

$390,235,085584,861,867793,388,051837,118,137798,909,472751,427,651379,835,540220,308,681135,595,225192,218,74676,206,29958,447,84035,924,45978,688,04273,587,36216,443,2048,998,138

60,375,162

5,492,568,961

Per centof totalincomein eachclass.

9.128.96

14.4123.1632.4341.1247.4950.2451.2055-3057.7962.6757.6663.3672.2360.7198.3287.86

20.58

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $20,000$20,000 to $40,000$40,000 to $60,000$60,000 to $80,000$80,000 to $100,000$100,000 to $150,000...$150,000 to $200,000...$200,000 to $250,000...$250,000 to $300,000....$300,000 to $500,000....$500,000 to $1,000,000...$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 and over

Total - -.

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Page 12: Income 1920

STATISTICS OF INCOME.

Distribution by sources of income and deductions, by income

Continued., calendar year 1920—

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5, 000 to $10,000$10,000 to $20,000$20,000 to %40,000$40,000 to $60,000$60,000 to $80,000$80,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $500,000....$500,000 to $1,000,000..$1,000,000 to $1,500,000$1,500,000 to $2,000,000$2,000,000 and over....

Total

Total income.

277,640,920529,128,056507,939,409

,615,243,756,463,438,212827,643,240799,869,376438,497,998264,845,663347,574,942131,866,03593,255,97462.302,483124,194,846101,880,90827,083,7919,151,87168,712,373

26,690,269,853

Generaldeductions.

$227,574,302344,584,688468,332,170546,912,793444,746,089358,830,376170,250,63696,966,68957,424,46782,063,43730,899,75524,948,83316,437,23134,881,29421,918,0145,095,1494,064,27718,710,470

2,954,640,670

Per centof totalincomein eachclass.

I

5.325.288.50

15.1318.0519.6321.2822.1121.6823.6123.4326.7526.3828.0921.5118.8144.4127.23

11.07

Totalnet income.

$4,050,066,6186,184,543,3685,039,607,2393,068,330,9632,018,692,1231,468,812,864629,618,740341,531,309207,421,196265,511,505100,966,28068,307,14145,865,25289,313,55279,962,89421,988,6425,087,59450,001,903

23,735,629,183

Per centof totalincomein eachclass.

94.6894.7291.5084.8781.9580.3778.7277.8978.3276.3976.5773.2573.6271.9178.4981.1955.5972.77

88.93

The distribution of personal income by sources, expressed inpercentages, is given in the succeeding table.

Distribution of personal income, by sources and by income classes, showing the proportionfrom each source expressed in percentages, calendar year 1920.

Income classes.Part-

nershipprofits.

82.0678.1859.7141.3435.5830.1624. 5821.4118.7215.0413.1310.2310.388.255.54

10.22.50

1.22

Profitsfrom

sales ofreal

estate,stocks,

andbonds.

Rentsand

royal-ties.

Divi-dends.

Interestand

invest-ment

income.

Totalincome.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $20,000$20,000 to $40,000$40,000 to $60,000$60,000 to $80,000$80,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $500,000$500,000 to $1,000 000...$1,000,000 to $1,500,000.$1,500,000 to $2,000,000..$2,000,000 and over

0.961.394.807.897.124.893.673.212.762.372.342.49.812.251.562.41

5.68

Total.. 6.37

3.233.224.495.094.364.063.833.443.463.734.022.114.462.343.81.37.44

3.06

3.93

1.271.494.0010.6519.3927.6733.7036.7437.7441.1942.1850.2143.7949.3255.2654.6487.2975.48

10. 25

4.624.245.927.438.689.399.9510.0610.0010.3811.5910.369.4011.7013.155.7110.589.32

6.40

100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00

100.00

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Page 13: Income 1920

STATISTICS OF INCOME.

INCOME FROM BUSINESS (PERSONAL RETURNS).

The income reported by individuals as having been derived frombusiness, other than from partnerships or personal service corpora-tions, is shown according to industrial divisions in the followingtable. These data represent only such amounts reported by indi-viduals as were derived from business operations conducted as soleproprietors and do not necessarily indicate the principal occupationsof, or the total income reported by, the persons making the returns.

Income reported from business pursuits, personal returns, calendar year 1920.

Industrial groups.

Agriculture and related industries ,Mining and quarryingManufacturing:

Food products, liquors, and tobacco..Textile and textile productsLeather and leather productsRubber and rubber goodsLumber and wood productsPaper, pulp, and productsPrinting and publishingChemicals and allied substancesStone, clay, and glass productsMetal and' metal products ,All other manufacturing industries...

Number ofbusinessesreported.

271,8055,276

12,05G10,9374,420

7853,330

2688,017813

2,5668,5748,963

Total manufacturing. 60,729

ConstructionTransportation and other public utilities.Trade.Public service—professional, amusements, hotels, etc. . .Finance, banking, insurance, etcSpecial cases—business not sufficiently denned to be

classed with any other division

Grand total.

32,61818,978

223,931269,04545,082

36,659

964,123

Percent.

28.19.55

1.251.13.46.08.35.03.83.08.27.89

6.30

3.381.97

23. 2327.914.67

3.80

100.00

Net income.

$637,425,23936,849,969

45,699,34249, 503,27414,238,4151, 793,299

21,108,5093,158,93832,828, 8758,102,04912,173,94239,140,70934,155, 200

261,900,552

117,316,80758,355,144840,755,663952,773,878182,417,786

117,760,349

3,205,555,387

Per cent.

19.891.15

1.431.54.44.06.66.10

1.02.25.38

1.221.07

8.17

3.661.82

26.2329.725.69

3.67

100.00

PARTNERSHIPS AND PERSONAL SERVICE CORPORATIONS.

The revenue act of 1918 prescribes that neither the returns filed bypartnerships nor personal service corporations be taxable, but thatsuch income shall be reported for taxation in the returns of netincome of the individual members or stockholders, according to theirdistributive shares, whether distributed or not.

The number of returns of net income for 1920 filed by these twoforms of association was:Partnerships 240, 767

Personal service corporations 5, 542

Total 246, 309

CORPORATION INCOME-TAX RETURNS.

The table immediately following shows the returns of corporationsdistributed by industrial groups and segregated according to thosereporting net income and those reporting no net income. In thetransportation and public utility group, both gross income andgeneral deductions should be approximately twice as much as shown.This is due to railroad and other utility corporations, to a great

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Page 14: Income 1920

STATISTICS OF INCOME. 9

extent, reporting on the face of the return merely the amount of netincome or deficit.

To have inspected the numerous supporting schedules of thesereturns for the purpose of compiling the gross income and generaldeductions was inexpedient, due to the cost and the additional timethat it would have required.

Distribution of corporations by industrial groups and into those reporting net incomeand those reporting no net income, calendar year 1920.

Industrial groups.

Agriculture and related in-dustries

Mining and quarryingManufacturing:

Food products, liquors,and tobacco

Textile and textile prod-ucts

Leather and leather prod-ucts

Rubber and rubber goods.Lumber and wood prod-

ucts. .Paper, pulp, and products.Printing and publishing...Chemicals and allied sub-

stancesStone, clay, and glass

productsMetal and metal products..All other manufacturing

industries

Total manufacturing

ConstructionTransportation and other

public utilitiesTradePublic service—professional,

amusements, hotels, etcFinance, banking, insurance,

etcCombinations—predomi n a n t

industry not ascertainable...Concerns in liquidationInactive concerns

Total

Totalnumberof cor-pora-

tions re-porting.

9,18617,534

13,718

10,121

2,162671

7,2651,6938,088

5,826

3,66215,131

9,834

78,171

9,960

20,599

78,885

17,490

78,9023,1086,293

25,467

345,595

Corporations reporting net income.

Num-ber.

3,8746,933

7,551

5,545

1,230279

5,3001,3496,393

3,047

2,66110,135

5,935

49,425

7,010

12,922

52,278

11,914

55,4841,4361,926

31

203,233

Percent re-portingnet in-come.

42.1739.54

55.04

54.79

56.8941.58

72.9579.6879.04

52.30

72.6766.98

60.35

63.23

70.38

62.7366.27

68.12

70.32

46.2030.61

.12

58.81

Gross income.

$512,985,1735,393,745,025

8,521,903,861

5,653,479,386

1,097,415,353797,343,410

2,957,637,5281,733,604,7371,588,305,025

4,538,095,276

1,239,629,89513,479,348,379

3,610,555,042

45,217,317,892

1,875,949,8111 7,775,205,64423,915,646,093

1,656,790,349

6,721,199,029

665,011,09089,703,966

670,632

93, 824,224,704

Total deduc-tions.

$441,504,8974,691,671,237

8,117,056,810

5,194,866,486

1,036,387,164770,665,434

2,636,367,9491,491,988,4221,425,145,039

4,096,725,616

1,088,456,76812,067,700,896

3,175,532,979

41,100,893,563

1,762,397,7991 6,946,074,71723,004,472,763

1,511,299,487

5,787,894,910

598,108,17676,698,736

553,606

85,921,569,891

Net income.

$71,480,276702,073,788

404,847,051

458,612,900

61,028,18926,677,976

321,269,579241,616,315163,159,986

441,369,660

151,173,1271,411,647,483

435,022,063

4,116,424,329

113,552,012

829,130,927911,173,330

145,490,862

933,304,119

66,902,91413,005,230

117,026

7,902,654,813

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Page 15: Income 1920

10 STATISTICS OF INCOME.

Distribution of corporations by industrial groups and into those reporting net incomeand those reporting no net income, calendar year 1920—Continued.

Industrial groups.

Agriculture and related industriesMining and quarryingManufacturing:

Food products, liquors, and tobacco...Textile and textile productsLeather and leather productsRubber and rubber goodsLumber and wood productsPaper, pulp, and productsPrinting and publishingChemicals and allied substancesStone, clay, and glass productsMetal and metal productsAll other manufacturing industries

Total manufacturing

ConstructionTransportation and other public utilities..TradePublic service—professional, amusements,

hotels, etcFinance, banking, insurance, etcCombinations—predominant industry not

ascertainableConcerns in liquidationInactive concerns

Total

Corporations reporting net income.

Income tax.

$5,429,26156,799,565

32,502,47035,582,4654,820,8422,318,78425,610,55318,475,46813,226,36237,833,30312,529,491116,162,55937,044,148

336,106,445

7,518,79575,846,48669,744,375

10,833,03867,425,777

5,962,591835,752

6,207

War profitsand excessprofits tax.

$11,741,003117,796,407

58,035,23186,187,0609,990,5291,429,688

53,349,40653,826,53829,023,28260,330,07324,830,133177,695,23554,156,953

608,854,128

25,660,96722.776,620122,868,545

20,714,49851,575,829

5,303,5621,433,220

1,572

636,508,292 988,726,351

Total tax.

$17,170,264174,595,972

90,537,701121,769,52514,811,3713,748,47278,959,95972,302,00642,249,64498,163,37637,359,624293,857,79491,201,101

944,960,573

33,179,76298,623,106192,612,920

31,547,536119,001,606

11,266,1532,268,972

7,779

1,625,234,643

Percent-age dis-

tributionof total

tax.

1.0610.74

5.577.49.91.23

4.864.452.606.042.30

18.085.61

58.14

2.046.07

11.86

1.947.32

.1400+

100.00

Per centof totaltax to

netincome.

24.0224.87

22.3626.5524.2714.0554.5829.9225.8922.2424.7120.8220.96

22.96

29.2211.8921.14

21.6812.75

16.8417.456.65

20.57

Industrial groups.

Agriculture and related industriesMining and quarryingManufacturing:

Food products, liquors, and tobaccoTextile and textile productsLeather and leather productsRubber and rubber goodsLumber and wood productsPaper, pulp, and productsPrinting and publishingChemicals and allied substances...Stone, clay, and glass productsMetal and metal productsAll other manufacturing industries.

Total manufacturing

ConstructionTransportation and other public utili-

tiesTradePublic service—professional, amuse-

ments, hotels, etcFinance, banking, insurance, etcCombinations—predominant industry

not ascertainableConcerns m liquidationInactive concerns -

Total

Corporations reporting no net income.

Num-ber.

5,31210,601

6,1674,576

932392

1,965344

1,6952,7791,0014,9963,899

28,746

2,950

7,67726,607

5,57623,418

1,6724,367

25,436

142,362

Per centreport-ing no

netincome.

57.8360.46

44.9645.2143.1158.4227.0520.3220.9647.7027. 3333.0239.65

36.77

29.62

37.2733.73

31.8829.68

53.8069.3999.88

41.19

Gross income.

$212,064,745757,475,371

3,763,2,551,

796,240.354,65,

172,1,027,

76,1,624,

758,

179,920934,930320,084973,489398,551775,624759,382030,830509,884781,989250,931

11,431,915,114

361,704,293

1 1,377,576,2997,597,470,410

295,783,5111,668,375,486

467,950,836210,190,165

831,315

24,381,337,545

Totaldeductions.

$278,204,425933,980,447

3,947,2,718,

900,272,381,69,

186:1,123:

84:1,761

8i9:

075,364581,320242,027548,568567,646810,385468,840470,086797,071539,062961,205

12,266,061,574

389,913,684

1 1,528,081,5067,936,952,419

324,982,8791,962,311,682

502,477,920282,761,256

5,033,497

26,410,761,289

Deficit.

$66,139,680176,505,076

183,895,444166,646,390103,921,94331,575,07927,169,0954,034,761

13,709,45896,439,7568,287,187

136,757,07361,710,274

834,146, 160

28,209,391

150,505,207339,482,009

29,199,368293,936,196

34,527,08472,571,0914,202,182

2,029,423,744

1 Gross income and total deductions incomplete (see text, p. 8.)

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Page 16: Income 1920

STATISTICS OF INCOME. 11

INCOME AND DEDUCTIONS (CORPORATION RETURNS).

The division of corporation income according to the nature of de-ductions is given in the succeeding table, which shows by industrialgroups the aggregate income reported by all corporations, as well asthe aggregate deductions under the various headings.

Distribution of corporation income, by industrial groups and by nature of deductions,calendar year 1920.

Industrial groups.

Agriculture and relatedindustries

Mining and quarryingManufacturing:

Food products, liq-uors, and tobacco...

Textile and textileproducts

Leather and leatherproducts

Rubber and rubbergoods

Lumber and woodproducts

Paper, pulp, and prod-ucts

Printing and publish-ing

Chemicals and alliedsubstances

Stone, clay, and glassproducts

Metal and metal prod-ucts

All other manufactur-m ing industries

Total manufacturing.ConstructionTransportation and other

public utilitiesTradePublic service — Profes-

sional, amusements, ho-tels, etc

Finance, banking, insur-ance, etc

Combinations — Predomi-nant industry not ascer-tainable

Concerns in liquidationInactive concerns

Total.

Totalnum-ber of

9,18617, 534

13,718

10,121

2,162

671

7,265

1,693

8,088

5,826

3,662

15,131

9,834

78,171

9, 960

20, 59978, 885

17,490

78,902

3,10!6,293

25, 467

Total grossincome.

$725,049,9186,151, 220, 396

12,285,083,781

8,205, 414,316

1, 893, 735, 437

1, 038,316,899

3,312,036,079

1, 799, 380,361

1, 761,064, 407

5,565,125,606

1, 316,139,779

15,104,130,368

4,368, 805, 973

368 10,

2, 237, 654,104

i 9,152,781, 94331, 513,116, 503 25,688, 400,

1,952,573, 860

8, 389, 574,515

1,132,961,926299, 894,131

1, 501, 947

345, 595 118,205,562,249

Cost of goods.

$375,188, 4363, 090, 907, 336

9, 838,242, 761

6,491, 778,317

1,610,054,938

813,002,263

2, 288,176, 063

1, 234,124, 575

796,740,262

3,951, 464,900

834, 931,187

513, 239, 800

2, 747, 403, 330

Compensa-tion of

officers.

56, 649,233, 006 41,119,158, 396

1, 407, 779, 164

1,051,986,809

593,019,603

1, 495,308, 305

537,763, 725205, 465, 831

511,175

75,565,488,929

$21,117,43186, 740, 852

116,932,154

165, 572,272

37,428,583

9,390,001

82, 749,447

34,609,373

81, 985, 225

69, 757, 426

35,043,940

245,970,242

117, 590, 735

997, 029, 398

84, 091, 559

i 91, 516,985667, 223,601

95,487,050

364,899,903 i

19,573,6059,256, 702

69, 676

Interestpa id .

$26,690, 45094, 898, 816

157, 474,228

80,004,050

28,638, 559

16,904, 478

39,806,322

15, 043,715

11,963,161

56, 816,619

10, 912,414

162, 741, 650

52, 939,915

633, 245, 111

24,173, 277

1 701,604,036244,656,242

26,193,662

, 025,568, 584

47, 721,19810, 424, 328

94, 230

2,437,006, 762 2,835,269, 934 1,198, 432,199

Domestictax.

$16,562,10986,659,076

81, 364,046

50,268, 609

10, 446,918

6,278, 538

32,628,783

12,689, 855

12, 506, 807

36,356,194

8, 005, 417

147,368,163

41, 252, 086

19,165, 416

9, 896, 983

250, 874, 830115,200, 749

28,482,668

227,114,915

18, 800, 2215,633, 835

41, 397

1 Gross income and total deductions incomplete (see text page S

5375°—22 2

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Page 17: Income 1920

12 STATISTICS OF INCOME.

Distribution of corporation income, by industrial groups and by nature of deductions,calendar year 1920—Continued.

Industrial groups.

Agriculture and re-lated industries

Mining and quarryingManufacturing:

Food products,liquors, and to-bacco

Textile and tex-tile products...

L e at h e r andleather prod-ucts

Rubber and rub-ber goods

L u m b e r andwood products.

Paper, pulp, andproducts

P r i n t i n g andpublishing

Chemicals and al-lied substances.

Stone, clay, andglass products..

Metal and metalproducts

All other manu-facturing in-dustries

Total manu-facturing

ConstructionTransportation and

other public utili-ties

TradePublic service—Pro-

fessional, amuse-ments, hotels, etc...

Finance, banking, in-surance, etc

Combinations— Pre-dominant industrynot ascertain able..

Concerns in liquida-tion

Inactive concerns

Total.

Exhaus-tion, amor-

tization,and deple-

tion.

Miscella-neous ex-

pense.

$29, 936, 467 $250, 214, 429574,648, 948 j 1,691,796,656

147,915,396) 1,722,203, 589

106,531,553 1,019,293,005

14, 101, 547

12, 474, 950

109,212,616

41, 461, 250

34,724, 236

165,273,794

41, 515,156

385, 748, 084

95, 549, 878

1,154, 508, 440

46,113, 271

336,794,040144, 427,137

58, 472, 725

133, 470,951

29,665, 570

5, 870, 874206, 239

235, 958, 646

185,163,772

465,362,364

223, 870,039

673,694,188

940,526,769

242, 815,72,"

2,374,172,039

940,758, 240

9,023, 848,376

580, 257,229

i 6,041,379,5234,081, 517, 304

1,034,626,65'

4,503, 843,92'

447,061, 777

122, 808, 4224,664, 386

Total de-ductions.

Net incomebefore de-ducting

tax.

$719, 709, 322 $5, 340,5965,625,651,684. 525,568, 712

12,064,132,174 220,951,607

7,913,447, 806 291,966, 510

1,936,629,191

1,043,214,002

3, 017,935, 59,r

1, 561, 798, 80/

1, 611, 613, 879

5,220,195, 702

1,173, 253,839

13,829,239, 958 1

3,995, 494,184

53, 366,955,137 3,282,277, 869

2,152,311,483

i 8,474,156,22330,941, 425,182

1, 836,282,366

7,750,206, 592

1,100, 586,096

359, 459, 9925, 587,103

2, 514,114, 673 27, 782,018,683 112,332,331,180 5, 873,231,069

2 42, 893,754

2 4,897,103

294,100, 484

237, 581, 554

149,450, 528

344,929,904

142,885,940

, 274, 890, 410

373,311,789

85,342,621

(.78,625,72f£.71, 691, 321

116, 291, 494

639,367,923

32, 375, 830

2 59, 565, 8612 4, 085,156

Income tax,war profits,and excessprofits tax.

$17,170, 264174, 595,972

90, 537, 701

121,769, 525

14, 811,371

3,748, 472

78,959,(

72,302, 003

42,249,644

98,163, 376

37,359,624

293, 857, 794

91,201,101

944,980, 573

33,179, 762

98,623,106192,612,920

31,547, 536

119, 001,606

11, 266,153

2,268, 9727,779

Net incomeafter de-ducting

tax.

2 $11,829,668350, 972, 740

130, 413,906

170,196,985

2 57, 705,1252 8,645, 575

215,140,525

165, 279,548

107,200,884

246,766,528

105,526,316

981, 032,616

282,110,688

2, 337,317,296

52,162, 859

580,002,614379,078,40^

84,743,958

520, 366,317

21,109,6772 61, 834,833

24,092,935

1,625,234,643 4,247,996, 426

1 Gross income and total deductions incomplete (see text page 82 Minus.

In the table immediately following, the division of the corporationincome, according to the nature of deductions; is expressed in per-centages.

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STATISTICS OF INCOME. 13

Percentage distribution of corporation income and deductions by industrial groups,calendar year 1920.

Industrial groups.

Agriculture and related industries.Mining and quarryingManufacturing:

Food products, liquors, andtobacco

Textile and textile products...Leather and leather products..Hubber and rubber goodsLumber and wood productsPaper, pulp, and productsPrinting and publishingChemicals and allied sub-

stancesStone, clay, and glass prod-

uctsMetal and metal productsAll other manufacturing in-

dustries

Total manufacturing..ConstructionTransportation and other public

utilitiesTrade _Public service — Professional,

amusements, hotels, etcFinance, banking, insurance, etc.-.Combinations—Predominant in-

dustry not ascertainableConcerns in liquidationInactive concerns

Total.

1 Minus. 2 Not given, due to incomplete data.

INCOME OF FEDERAL OBLIGATIONS NOT WHOLLY EXEMPT FROM TAX(CORPORATION RETURNS).

Interest on obligations of the United States and war finance cor-poration bonds, not wholly exempt from tax, and included in grossincome, amounted to $263,099,797.

INCOME WHOLLY EXEMPT FROM TAX (CORPORATION RETURNS).

In addition to the income of corporations, as shown in the precedingtables, there was likewise reported the following income whollyexempt from tax:Dividends on stock of domestic corporations and from foreign corpora-

tions, taxable by the United States on their net incomes, and divi-dends on stock of personal service corporations out of earnings uponwhich a Federal income tax has been imposed $53], 386, 531

Interest on obligations of the United States and its possessions, States,Territories, and political subdivisions thereof, and interest on farm-loan bonds issued under the Federal farm loan ac t . . . . 219, 976, 693

Total... . . . . 751,363,224

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14 STATISTICS OF INCOME.

CORPORATION RETURNS, DISTRIBUTED BY SIZE OF NET INCOME.

The following table exhibits the distribution of corporation returnsby income classes based on net incomes, the returns being taken intheir entirety for the United States. For the income class distri-bution by industrial groups, see Table 10.

Corporation returns distributed by size of net income, calendar year 1920.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income.

Number.

75,90546,86827,61535,9947,0925,4972,1241,142

836160

203,233142,362

Grand total.. 345,595

Net income.

$65,151,194,786,496,851,737,788,

1,626,2,203,

835,628338.556776,140538,508550,045989,198217,126372,009705,255332,348

7,902,654,81312,029,423,744

5,873,231,069

Income tax.

$5,901,14913,129,87862,810,79640,383,34668,486,59359,163,68463,754,168

136,151,514186,727,164

636,508,292

636,508,292

Income classes.

Reporting net income:$2,000 to $5,000 $975,992$5,0o0 to $10,000 6,360,359$10,000 to $50,000 73,842,355$50,000 to $100,000 69,493,929$100,000 to $250,000 133,565,228$250,000 to $500,000 120,135,212$500,000 to $1,000,000 130,026,994$1,000,000 to $5,000,000 ! 222,801,432$5,000,000 and over ; 231,524,850

Total ! 988,726,351Reporting no net income

War profitsand excessprofits tax.

Grand total. 988,726,351

Total tax.

$6,877,14119,490,237136,653,151109,877,275202,051,821179,298,896193,781,162358,952,946418,252,014

1,625,234,643

1,625,234,643

Averageamountof tax.

$147705

3,79715,49336,75784, 416

169,686429,370

2,614,075

212,764

Per cent •of total

tax to netincome.

4.5410.0117.3722.1323. 7224.3224.5822.0718.98

2 20.74

i Deficit. 2 Average for returns reporting net incone of $2,000 and over.

CORPORATIONS REPORTING INVESTED CAPITAL.

The size of invested capital in its relationship to net income andtax reported is shown in the following table:

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STATISTICS OF INCOME. 15

Corporations reporting invested capital distributed by industrial groups, calendar year1920.

Industrial groups.

Agriculture and related industries...Mining and quarrying:

Coal miningMetal miningGas and oilAll other mining and quarrying.

Total mining and quarrying...

Manufacturing:Food products, liquors, and tobacco..Textile and textile productsLeather and leather productsRubber and rubber goodsLumber and wood productsPaper and pulp productsPrinting and publishingChemicals and allied substancesStone, clay, and glass productsMetal and metal productsAll other manufacturing industries...

Total manufacturing.

Construction

Transportation and other public utilities:Steam railroadsElectric railroadsOcean lines, transoceanic and coastal......AH other transportation . . . . .Electric light and power companiesGas companiesTelephone and telegraph companiesAll other public utilities

Total transportation and other publicutilities

TradePublic service—Professional, amusements, ho-

tels, etc

Finance, banking, insurance, etc.:National banksState banksAll other bankingLife insurance, stock, and mutual companiesAccident, fire, and marine, stock and mu-

tual companiesAll other insurance companies

Total finance, banking, insurance, etc

Combinations, predominant industry not ascer-tainable

Concerns in liquidationInactive concerns.

Total reporting invested capital.

Numboi.

3, 107

2,S97357

I nvc sledcapi tal .

^007,024,791

1,353,990,61071 \ 971, .593

1,001, 112,2441,133,103, X532,011

6, HO , 1, sC7,1>7,100

9, si)")5 .M9

3, )20,s51,5942, V5,300,970

412,631,382101, S2J.927

V<><. 434,001N4J', 169,.* SO72s.lN.VH9

2, 759,32 ~,, 717s70, No, 194

10, U.s.">, 722, 3822,9.sO,2l>l,r>76

47,263 27, 169, 737,012

030,374,307

255JOS

5, 1301,006

2702,2i'92, \'6'A

0, 773, 1J \ 909546, HI , 133118, 703, 542

1, 194,971, 255791,851,952SlN, 745.120

1,093 235^4501,720/228,038

1! (>19 | 12,837,058,999

49,3<>5

10,527

0,Gsl15,2*725, 905

L'2<), 7 5 9

5, 7 5 0 , 9 0 5 , 509

sr>.s,l.sO, 151

2, 105,057,6971,40s1, 1H), 905l ,95\579,0733,750, 125, S24

231,201,825],6S.>,022, 1S3

49,'M3 | 1 1,430,710, 107

1,219j , 5S5

17

187, 833

713,151,502217,223,807

2,256,553

Net income.

$70,901,113

352,583,76434,682.972

204,718,193106,306,293

098,291,222

402,424,046457,731,417

60, 808,24126,642,869

320, 836,497241,449,961160,980,890440,992,961148,765,735

1,309,201,134428,980,969

Income tax.

$5,416,017

26,001,6942, 930,021

17,826,1409,743,490

56,501,315

32,342,34335,493,256

4, 818,1842,316,609

25,589, 92818,473,22913,121,74337/821,90812,303, 763

115,992,15036,198,524

334, 471,637

7,482,702

330,037,44726,516,82614,483,339143,637,58048,701,22217,401,65779,313,276146,825,975

806,917,322

905,276,928

142,992,383

280,032,636158, 362, 834354,058,31137,658,385

12, 498, 50560, 109,976

903,020,647

66, 529,69512,553,646

101, 309

68,427,073 288 7,717,901,155

31,050,7212,554,9161,199,69912,632,6374, 598,9841, 598,9237,478, 69214, 272,496

75,387,068

69, 512, 238

10,696,225

20,452,71910,407,46827,139,6372,004, 966

1,003,5274,656,893

65,665,210

5,951,322819,3465,286

631,908,396

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16 STATISTICS OF INCOME.

Corporations reporting invested capital distributed by industrial groups, calendar year1920—Continued.'

Industrial groups.

Agriculture and related industriesMining and quarrying:

Coal miningMetal miningGas and oilAll other mining and quarrying

Total mining and quarrying

Manuf acturin g:Food products, liquors, and tobaccoTextile and textile productsLeather and leather productsRubber and rubber goodsLumber and wood productsPaper and pulp productsPrinting and publishingChemicals and allied substancesStone, clay, and glass productsMetal and metal productsAll other manufacturing industries

Total manufacturing

Construction

Transportation and other public utilities:Steam railroadsElectric railroadsOcean lines, transoceanic and coastalAll other transportationElectric light and power companiesGas companiesTelephone and telegraph companiesAll other public utilities

Total transportation and other public utilities..

TradePublic service—Professional, amusements, hotels, etc.Finance, banking, insurance, etc.:

National banksState banksAll other bankingLife insurance, stock and mutual companiesAccident, fire, and marine, stock and mutual com-

paniesAll other insurance companies

Total finance, banking, insurance, etc

Combinations, predominant industry not ascertain-able

Concerns in liquidationInactive, concerns

Total reporting invested capital

War profitsand excessprofits tax.

811,726,327

80,733,7912,982,893

22,357,48011,352,806

117,426,970

57,783,58986,131,2409,988,0201,429,688

53,335,57453, 826,53828,741,09060,298,11824, 718,109

177,293,68853,995,262

607, 540,916

25,640,092

1,725,611412,463

1,641,96511,637,709

829,311701,398

1,086,8744,686,737

22,722,068

122,624,93020,603,083

19,306,7408,841,759

20,940,925146,004

247,0332,025,769

51,508,230

5,298,6441,427,461

1,572

986,520,293

Total tax.

$17,142,344

106,735,4855,912,914

40,183,62021,096,296

173,928,315

90,125,932121,624,49614,806,2043,746,297

78,925,50272,299,76741,862,83398,120,02637,021,872

293,285,83890,193,786

942,012, 553

33,122,794

32,776,3322,967,3792,841,664

24,270,3465,428,2952,300,3218, 565, 566

18,959,233

98,109,136

192,137,16831,299,308

39,759,45919,249,22748,080,5622,150,970

1,250, 5606,682,662

117,173,440

11,249,9662,246,807

6,858

1,618,428,689

Per centof net in-come toinvestedcapital.

11.67

26.044.84

12.299.38

14.35

12.8917.7714.746.63

17.9428.7022.1115.9816.9811.9114.39

14.56

17.85

4.874.85

12.19'9.616.155.827.265.39

6.29

15.7216.66

11.6411.257.141.00

5.413.59

6.25

8.955.784.49

11.28

Per centof total

tax to netincome.

24.18

30.2717.0519.6319.84

24.91

22.4026.5724.3514.0624.5929.9426 0022.2524.8922.4021.02

23.56

29.44

9.9311.1919.6216.9011.1513.2110.8112.91

12.16

21. 2221. 89

14.2012.1513.585.71

10.0111.06

12.98

16.9117.906.77

20.97

INCOME RETURNS BY STATES.

COMBINED PERSONAL AND CORPORATION INCOME AND TAX.

The following table exhibits by States and Territories the combinedpersonal and corporation incomes and income taxes for the calendaryear 1920. The amounts do not represent, however, what may becalled the geographical distribution of income. The figures arecompiled from the returns filed in each State. An individual files hisincome-tax return in the district in which his legal residence or prin-

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STATISTICS OF IXCOME. 17

cipal place of business is located, and a corporation files its income-tax return in the district in which its principal place of business or theprincipal office or agency is located. Consequently, inccme reportedby an individual or corporation in one State may have been derivedfrom sources in other States.

From the foregoing it will be clear that there is no way of ascer-taining from the income-tax returns the amount of income earned inthe respective States or the amount of tax paid on that basis.

Personal and corporation income and tax by States and Territories, calendar year 1920.

States and Territories.

AlabamaAlaska. . .ArizonaArkansas ..CaliforniaColoradoConnecticutDelawareDistrict of Columbia...FloridaGeorgia . .HawaiiIdahoIllinoisIndiana.IowaKansas . . .ICentuckyLouisianaMaine .MarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HanroshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode Island.South CarolinaSouth DakotaTennesseeTexas . . .UtahVermontVirginia.WashingtonWest VirginiaWisconsinWyoming

Total

1

!

1

4

1

2

23

Personal.

$156,604,93319,400,77567,280,486

118,060,710,329,006,594219,277,184451,737,70255,633,321

208,388,174141,105,124228,619,71655,572,89667,391,639

,836,956,942556,061,991631,560,789306,413,429243,879,230237,109,145143,455,545482,195,448

,368,406,648895,679,238453 212,24183,954,352

548,130,178109,348,194306,362,70625,337,934

100,431,539977,853,62736,923,120

,030,623,696163,799,83766,188,434

,407,388,003295,790,791193,652,281

,212,178,029180,303,990109,246,657103.578,036212,600,105720,720,16282,278,38959,303,302

273,235,229375,979,893287,729,460436,436,81063,244,529

,735,629,183

Net income

Corporation.1

$39,003,402524,184

6,687,88519,704,635

282,825,05366,034,83499 993,49525,227,42524,366,57322,417,12361,718,45258,284,0609,783,905

677,180,274128,164,21359,945,718

104,600,73274,869,07967,291,63943,835,66876,902,019

402,527,511402,047,385148,473,97117,374,055

226,302,50011,531,72331,690,9952,032,080

17,061,850190,785,595

3,985,9821,958,629,723

102,277,7696,867,604

560,556,91756,880,89439,521,816

971,581,88455,944,45053,342,4027,703,223

52,402,2S7127,546,82015,513,09611,268,79396,353,03879,194,723

134.304,029163', 938,038

5,652,692

7,902,654,813

Personal andcorporation.

1

?

11

1

5

1

3

31

.1195,608,33519,924,95973,968,371

137,765,345,611,831,647285,312,018551,731,19780,860,746

232,754,747163,522,247290,338,168113,857,55677,175,544

,514,137,216684,226,204691,506,507411,014,161318,748,309304,400,784187,291,213559,097,467

,770,934,159,297,726,023601,686,212101,328,407774,432,678120,879,917338,053,70127,370,014

117,493,389,168,639,222

40,909,102,089,253,419266,077,60673,056,038

,967,944,920352,671,685233,174,097

,183,759,913236,248,440162,589,059111,281,259265,002,392848,266,98297,791,48570,572,095

369,588,267455,174,616422,033,489600,374,84868,897,221

638,283,996

Per centfor eachState.

0.62.06.23.44

5.09.90

1.74.26.74.52.92.36.24

7.942.162.191.301.01

.96

.591.775.604.101.90.32

2.45.38

1.07.09.37

3.69.13

18.93.84.23

0.221.12.74

10.06.75.51.35.84

2.68.31.22

1.171.441.331.90

.22

100.00

Tax.

Personal andcorporation.

$12,666,686316,993

2,391,0706,859,339

110,021,52019,568,76634,139,3275,785,028

12,213,3019,161,761

21,202,03123,304,2842,464,536

234,457,80143,243,51428,191,55724,989.16324,257,33725,054,19813,701,19335,068,720

157,216,067143,114,04638,508,3585,776,136

70,027,5753,277,161

13,577,346622,543

6,028,75276,576,5971,107,961

639,799,96433,590,9271,837,356

182,547,71923,102,48015,152,541

327,521,83523,309,05218,917,6193,271,198

19,247,94448,665,2444,014,0034,365,308

25,614,98624,414,57146,425,33351,619,9281,979,654

2,700,288,329

Per centfor eachStats.

0.47.01.09.25

4.08.72

1.26.21.45.34.79.86.09

8.681.601.04

.93

.90

.93

.511.305.825.301 43.21

2.59.1250

.02

.222.84

0423.69

1.25.07

6.76.86.56

12.13.87.70.12.71

1.81.15.16.95.91

1.721.91

.07

100.00

i Does not include net income reported by personal service corporations; the net income of such concernsis included in personal returns.

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18 STATISTICS OF INCOME.

INCOME FROM FOREIGN INVESTMENTS AND RETURNS OF ALIENS.

The income of American citizens and corporations from businessand investments in foreign countries and conversely the income ofaliens, resident and nonresident, as well as alien corporations frominvestments and business in the United States, as reported in thereturns of net income for the calendar year ended December 31, 1920,is shown below. The data relative to individuals represent only theinformation contained in returns reporting net income of $5,000 andover.

Income from sources within the United States and its possessions.

Aliens and foreign corporations.

Nonresident aliensResident aliens.Foreign corporations in business or holding investments in the

United States

Total

Numberof

returns.

2,4098,968

1,055

12,432

Total netincome.

$49,777,65588,421,513

10,250,031

148,449,199

Federalincome tax.

$9,716,7717,839,606

3,509,485

21,065,862

Income from sources in foreign countries.

American citizens and domestic corporations.

American citizens residing abroadAll other American citizens or residents reporting net

income of $5 000 and overDomestic corporations in business or holding invest-

mentsin foreign countries

Total

Reporting foreignincome.

Numberof

returns.

585

37,908

763

39, 256

Amount.

$2,322,538

35,277,308

79,874,919

117,474,765

Tax paid foreigncountries.

Numberof

returns.

236

756

763

1,755

Amount.

$121,750

1,715,554

17,118,149

18,955,453

PROGRESS OF INCOME TAXATION.

The growth of taxable income covering the period 1920, 1919, 1918,1917, and 1916 is exhibited in the succeeding tables.Personal returns, number filed for calendar years 1920, 1919, 1918, 1917, and 1916, by

income classes.

Income classes.Number of returns.

1920 1919 1918 1917 1916

$1,000 t o $2,000$2,000 to $3,000$3,000 t o $5,000$5,000 t o $10,000$10,000 to $25,000$25,000 t o $50,000$50,000 to $100,000. . . .$100,000to $150,000...$150,000 to $300,000...$300,000 t o $500,000...$500,000 t o $1,000,000.$1,000,000 a n d o v e r . . .

2,671,9502,569,3161,337,116

455, 442171, 83038,54812,0932,1911,063

23912333

924, 8725(>9, 741180, 488438, 851162, 48537,47713,3202,9831,864

42518965

1,516,9381,496, 878

932,336319, 356116, 56928,5429,9962,3581,514

38217867

1,640,758838,707560, 763270, 666112, 50230,39112,4393,3022,347

559315141

157,149150, 553

80, 88023,73410, 4522,9002,437

714376206

Total. 7,259,944 5,332,760 4,425,114 3,472,890 i 437,036

i Includes 7,635 returns of married women making separate returns from husbands. The net incomeshown by those returns was for statistical purposes combined with husband's return and in each casetreated as one return in its proper income class.

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STATISTICS OF INCOME. 19

Personal returns, number filed for calendar years 1920, 1919, 1918, 1917, and 1916, byincome classes—Continued.

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to 150,000$50,000 to $100,000....$100,000 to $150,000...$150,000 to $300,000...$300,000 to $500,000...$500,000 to $1,000,000..$1,000,000 and ove r . . .

Total

Increase or decrease.1

1920-19 ! 1919-18 1918-17

Number.

747,078999,575156,62810,5919,3451,071

—1,227-792-801-186- 0 6

32

1,927,184

Percent.

Number.

396413463

- 9-27-43-44-35-49

407,93472, 303

248,152119, 49545, 9108,9353,324

625350

4311-2

907,040

Percent.

275

27373931332723116

- 3

Number.

-123,820058,171371, 57348,0904,007

-1,849—2,443-944-833-177-137-74

952,224

Percent.

1917-16

Number.

- 87866184

- 6- 2 0- 2 9- 3 5

32- 4 3- 5 2

27

1,640,758838,707403,614120,113

31, 6226,6571,987

402- 9 0

-155- 6 1- 6 5

3,035,854

Percent.

2578039281914

A

- 2 2- 1 6- 3 2

695

iA minus sign (—) indicates decrease.

Personal returns, net income reported for calendar years 1920, 1919, 1918, 1917, and 1916,by income classes.

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000$150,000 to $300,000$300,000 to $500,000$500,000 to $1,000,000$1,000,000 and over

Total .

Net income.

050,066,618184,543,368039,607,239068,330,963547,904,786307,785,113810,386,333265,511,505215,138,673

89, 313, 55279,962,89477,078,139

23,735,629,183

$2,829,3,807,4,513,2,954,2,412,1,277,

896,358,371,159,128,152,

113,151286,205264,030137,253275; 757364,035497,209392,923148,536070,1)48290,396650,245

19,859,491, 148

$2,232,3,626,3,535:2,145!1,736'

978!679',284,305,144,119,137,

354,577824,833219,007690,016548,050042,710720, 737106,740024,817545,428075, 548486,892

15,924,639,355

1 $2,4612,064,2,115,1,827,1,687,1,042,846,400.474,209.214!306;

,137,000977,328864,601508,088165,619320,083894,335492,040651,960904,969631,270835,914

13,652,383,207

$624,669,0151,037,247,9771,235,015,786

822,661,658722,795,474357,355,318505,859,406271,938,017256,771,325464,263 644

6,298,577,620

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000...$150,000 to $300,000....$300,000 to $500,000....$500,000 to $1,000,000..$1,000,000 and o v e r . . .

Total

lrcrease or decrease.2

1920-19

Amount.

$1,220,953,4672,377,257,003526,343,209114,193,710135,629,02930,420,478

-86,110,876—92,881,418

-156,009,863-69,757,396-48,327,502-75,572,106

3,876,137,735

Percent.

436212462

- 1 0- 2 6- 4 2- 4 4- 3 8- 5 0

20

1919-18

Amount .

$596,758,574180,461,.)32978,045,023808,447,237675,727,707299,321,925216,776,17274,280,18366,123,71914,525,5209,214,848

15,163,353

3,934,852.093

Percent.

275

28383931322622108

11

1918-17

Amount.

—$228,782,4231,561,847,5051,419,354,406318,181,92849,382,431

-64,277,373-167,173,598-116,385,300-169,627,143-65,359,541-95,555,722

-169,349,022

25 , 2,272,256,148

1

Percent.

- 97667173

- 6- 2 0- 2 9- 3 6- 3 1- 4 5- 5 5

17

1917-16

Amount.

$2,461,137,0002,064,977,3281,491,195,586790,260, 111452,149,833219,658,425124,098,86143,136,722

-31,207,446-62,033,048-42,140,055

-157,427,730

7,353,805,587

Percent.

2397637271712

- 6- 2 3- 1 6- 3 4

117

4 Determined on basis of the number of returns filed and the average net income.2 A minus sign (—) indicates decrease.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 25: Income 1920

20 STATISTICS OF INCOME.

Personal returns, tax yield for calendar years 1920, 1919, 1918, 1917, and 1916, by incomeclasses.

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000$150,000 to $300,000$300,000 to $500,000$500,000 to $1,000,000$1,000,000 and over

Total

Tax yield.

1920

$36,859,73245, 507,82183,496,11697,886,033172,259, 321154,265,276163, 717,71986,587,69492,604,42347,043,46145,641,00549,185,085

1,075,053,6

1919

$24,696,20028, 257,86175,914,84791,537,910164,832,523154,946,343186,357,608118,705,303163,095,34986,031,03276,228,13299,026,996

$26,481,60235,415,34482,928,72093,057,963142,448,679130,240,648147,428,65595,680,064136,155,91679,164,84769,834,14888,885,249

1,269,630,104 | 1,127,721,835

1917

$16,243,5049,097,37818,283,45744,066,38980,695,14976,593,34485,027,55655,766,23686,718,15750,227, 59859,349,187109,424,999

691,492,954

1916

$775,8046,301,18311.637,01411,602,68116,298,58712,423,48124,007,26717,951,41020,901,91151,487,356

173,386; 694

Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000...$150,000 to $300,000...$300,000 to $500,000...$500,000 to $1,000,000..$1,000,000 and ove r . . .

Total

Increase or decrease.1

1920-19

Amount.

$12,163,17,249,7,581,6,348,7,426-681 ,

-22,639,-32,117,—70,490,-38,987,-30,587,-49,841,

1919-18

Percent, i

Amount.

496110

5- 1

- 1 2- 2 7—43- 4 5- 4 0- 5 0

-194,576,418 j - 1 5

-$1,785,402—7,157,483-7,013,873—1,520,05822,383,84424,705,69538,928,95323,025,23926,939,4336,860,1856,393,98410,141,747

141,908,269

Percont.

- 7- 2 0- 8- 2161926242099

Amount.

$10,238,09826,317,96664,645,26348,991,57461,753,53053,647,30462,401,09939,913,82849,437,75928,937,24910,484,961

11 -20,539,750

13 436,228,881

Percent.

6028935411177707372575818

- 1 9

1917-16

Amount.

$16,243,9,097,

17,507,37,765,69,058,64,990,68,728,43,342,62,710,32,276,38,447,57,937,

Percent.

2,257599593560422349261180184113

518,106,260 j 299

1 A minus sign (—) indicates decrease.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 26: Income 1920

STATISTICS OF INCOME. 21

Personal returns, average lax arid average rate of lax per individual, calendar years 1920,1919, 1918, 1917, and 1916, by income classes.

Income classes.Average tax per

individual.

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000...$150,000 to $300,000...$300,000 to $500,000...$500,000 to $1,000,000..$1,000,000 and over . . .

General average

1920

$13.8017.7162.44

214.921,002.504,001.90

13,538.2239,519.7187,116.11

196,834.56371,065.08

1,490,457.12

148.08

Averagerate of

tax, percent.

Income classes.

0.91.741.663.196.7611.8020.2032.6143.0452.6757.0863.81

4.53

$1,000 to $2,000$2,000 to $3,000$3,000 to $5,000 ,$5,000 to $10,000$10,000 to $25,000$25,000 to $50,000$50,000 to $100,000$100,000 to $150,000...1150,000to $300,000...$300,000 to $500,000...$500,000 to $1,000,000..$1,000,000 and over . . . ,

General average

1919

Avc-mge tax perindividual.

$12.8318.0064.31

208.591.014.454,134.44

13,990.8139,793.9387.497.50

202,425.96403,323.45

I .rr23,492.25

238.08

J917

Average tax perindividual.

$9.9010. 8532. 60

162. 80717. 27

2, 520. 266, 835. 56

1(5, 888.6236,948. 5189, 852. 59

!8S, 410. 12776,063. 82

199.11

Averagerate of

tax, percent.

0.87.74

1.683.106. S3

12.1320.7933.1243.9454.0859.4264.87

6.39

Averagerate of

tax, percent.

0.66.44.86

2.414.787.34

10.0413.9218.2723.9327. 6335.65

5.06

1918

Average tax perindividual.

$17.4623-6688.95

291.391,222.014,563.12

14,748.7640,576.7989,871.89

207,237.82392,326.67

1,326,645.51

254.85

1916

Average tax perindividual.

$4. 9441.85

143. 88488. 86

1, 559. 374, 283. 969,851.16

25,142. 0355, 590.19

249, 938.62

391). 60

Averagerate of

tax, percent.

1.19.98

2.354.348.20

13.3221.6933.6844.6454. 7758.6564.65

7.08

Averagerate of

tax, percent.

0.12.61.94

1.412.253.484.756.608.14

11.09

2.75

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 27: Income 1920

22 STATISTICS OF INCOME.

Personal returns, number filed for calendar years 1920, 1919, 1918, 1917, and 1916, byStates and Territories.

States and Territories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsin.WyomingNonresident aliens and citizens residing

abroad

Total.

Number of returns.

1920

52,9849,899

24, 81238,113396,97374,198148,19518, 93769, 73042, 21073, 32513, 71525,755542, 467189, 587183,39899, 25578, 25869, 34047, 717148,000401, 770305, 075154,11828,022162,19945, 55797, 72910, 38135, 983

296, 98913,656

1,047,63447, 34224, 209447, 99881, 78567, 640

672, 74653,12833, 04434,67065,054224,61730, 51019,20592, 576148, 06796, 326150, 45224, 594

17,259,944

40,7899,427

20, 49533, 556

266, 72057, 526110, 40916,05958, 61631,10758, 9308,136

21, 448422, 229130, 383133, 79676, 45159, 33252, 87134, 578116,373268, 307181, 662123,91423, 804125, 24842, 59387,3448,740

25,601231, 75710, 757

683, 08537,18527, 375308, 30961, 50049,663539,17239, 93637, 29638, 61450, 789176, 54721, 16413, 56975, 966114, 32245,168105, 79318, 349

5, 332, 760

as, yss7,60613, 70120,612206, 47154,16086, 48910,23943, 77619,10239, 0734,24219, 249

366, 918104, 581118, 93364, 79447, 09833, 43225,10487,085

209, 786135, 34984, 51519, 949

110, 89034, 46496,0497,097

17, 317185, 70613, 084

559, 75321,73829,120306, 91846, 81834, 592518, 72932, 92120, 23945, 50538, 232114, 50018, 5179, 96551, 20795, 42248, 87694, 7047,821

3,678

i 4,425,114

1917

21, 8444, 570

12, 26417, 839

182, 23240,62764, 4728,032

29, 73715, 33638, 2523,13116, 414

319, 49785, 021114, 97063, 06534,69232, 31717,11260, 954156, 111.Ill, 56280, 00915, 38291, 60828, 64682, 4726,62310, 809

134, 96011, 616

489,08922, 97720, 941190, 27348, 75825,071328,17123, 92722,32139,65431, 45195, 41614,6367,258

37, 95156, 32228, 28170, 5547,663

i 3. 472, 890

1916

2,097243994

2,25521,2084,4359,7131,3466,8081,7793,4441,144 •756

37,5257,0048,4974,2903,8874,5172,8239,674

32, 29111, 4487,5561, 44012,9561,801

3641,73519,701

81393,1552,2071,176

21,7742,5392,80040,2893,7451,204971

4,41410, 5141,2591,1004,1905,3602,5758,261673

2 437, 036

1 Net incomes $1,03!) and over. 2 Net incomes $3,000 and over.

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Page 28: Income 1920

STATISTICS OF fNCOME. 23

Personal returns, net income reported for calendar years 1920, 1919, 1918, 1917, and 1916,by States and Territories.

States and Territories.

AlabamaAlaskaArizonaArkansas „CaliforniaColoradoConnecticutDelawareDistrict of Columbia..FloridaGeorgiaHawaiiIdahoIllinoisIndiana .,IowaKansas '.KentuckyLouisianaMaineMarylandMassachusetts ,MichiganMinnesotaMississippiMissouriMontana ,NebraskaNevada ,New HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode Island ,South CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingN onr esident a l i e n s

and citizens residingabroad

Net income.

$156,604,93319,400. 77567,280,486

118,060,7101,329,006,594

219,277,184451,737,70255,633,321

208,388,174141,105,124228,619,71655,572,89667,391,639

1,836,956,942556,061,991631,560, 789306,413,429243,879,230237,109,145143,455,545482,195,448

1,368, 406,648895,679,238453,212,24183,954,352

548,130,178109,348,194306,362,70625,337,934

100,431,539977,853,62736,923,120

4,030,623,696163, 799,83766,188,434

1,407,388,003295, 790, 791193,652,281

2,212,178,029180,303,990109,246,657103, 578,036212,600,105720, 720,16282,278,38959,303, 302

273,235, 229375,979, 893287,729,460436,436, 81063,244,529

Total | i 23,735,629,183

1919

I$133,470,965 |

18,862,03461,434,347

123,704,361981,170,941191,001,999347,929,67462,901,249

166,399,104107,362,976219,471,95933,164,36665,472,540

1,662,796,441417,323,251527,163,054264,971,649215,977,422201,753, 808112,562,525398,672, 772

1,090,808,058665,475,193383,920,683101,262,053470,443,311108,380,657287,457,59220,887,13278,565,318

828,428,67231,587,990

3,436,343,179161,613,46780,190,946

1,075,115,926242,184,301166,240,606

1,838, 002, 395146,109,811142,688,832133,174, 792193,909, 353643,172,30161,913,43646,204, 506

247,658,373325,920, 733147,949,092337, 851,34452,463,959

$121,250,95315,434,98741,579,45076,354,037

701,850,380159,487,951295,617,84048,358,031

138,966,31563,681, 401

148.366,43920,054,94055,954,296

1,256,309, 485325.549,440450,267,585218,524,054166,350,127137,261,98384,033,212303,421, 092868,460,461415,313,164291,074,62970,323,185409,013,02190,091,830306,053,56517,826,66956, 889, 284653,112, 58936,591,416

2, 719, 713, 78489,748,81189,586,415993,314,432163,678,297111,601,050

1,770, 848,133129,630,32273,855,345151,725,486139,173,691392,975,55752,454,40434,063,265173,104,495266, 098, 746156,557, 747290,199,68526,413,937

56,473,942 j

$73, 508,56210,549,50839,635,50868,296,287632,608,546137, 853, 875249,186, 72456,459,176104,357,89254,378,496137,775,61221, 888,75546,465,514

1,119,960,6002S1,265,426337,283, 861202,159,002124,826, 244134,349,18066,950,710253,433, 289717,512,002387,824,910275,510,10361,763, 713362,026,68781,207,992251,988,89516,423,31642,843,296521,042,42431,644,721

2,774,035,14884,220,13161,233,723740,406,422170,751,35884,746,023

1,360,802, 293112,129, 56970,917,349109,794, 860111,964,540350,297,33745,044, 94629,540, 804130,682,859169,727,615108,081,550228,190,25328,855,603

1916

$18,469,0101,878,41911,777,24117,683,678228,324,94553,854,130133,858,34157,798,41067,334,62117,401,20232,992,96520,362,0227,927,064

484,290,83374,637,68365,604,87439,638,46538,506,97651,274,63330,435,945121,009,054474,292,762162,533,10493,201,38414,831,796147,069,30319,467,01936,559,6072,799,77519, 557,542

254,088,8807,486,732

1,922,864,65124, 825,8269,219,055

318,822,51166,811,46224,968,572643,243,99165,257,1639,832,9477,474,25239,867,675113,278,03714,281,20614,628,95542,216,46449,697,24730,170, 80987,614,5956,523, 787

[ 13,652,383,207 2 6,298,577,620

1 Net incomes $1,000 and over. 2 Net incomes $3,000 and over.

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Page 29: Income 1920

24 STATISTICS OF INCOME.

Personal returns, tax yield for calendar years 1920, 1919, 1918, 1917, and 1916, by Statesand Territories.

States and Territories.

Tax yield.

AlabamaAlaska"ArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia...FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesota...MississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth Dakota. . .OhioOklahomaOregonPennsylvania"Rhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingNonresident aliens and

c i t i z e n s residingabroad

Total.

1920

$4,482,805248,605

1,325,9053,268,450

.50,447,5056,766,900

15,774,5982,122,0258,536,6325,242,7057.697,6934', 075,5391,086,614

85,409,20315,780,12418,776,9908,351,3937,292,0989,626,5914,892,419

21,189,23369,368,99440,493,26115,169,8692,495,207

21,877,7012,033,1908,363,305

390,0772,720,793

43,275,477612,573

286,607,2809,620,6751,105,801

56,285,16813,548,2116,649,011

118,750,98911,685,1633,236,8752,228,1877,565,009

25,400,8491,506,7812,259,1297,404,2019,094,7648,517,268

13,232,5311,161,320

1919

$4,668,465357,783

1,816,8994,237,673

48,983,8567,196,593

16,833,8297,495,4538,170,8334,363,0899,134,0922,145,1941,475,023

99,398,23613,541,24515,807,7079,138,3157, 595,384

12,888,6554,468,876

22,630,98486,566,93855,958,37815,696,4655,634,901

22,146,5102,413,4638,639,003

435,0022,811,830

47,321,422774,470

399,792,35110,010,3481,360,509

58,505,33 512,207,1298,232,437

128,195,16111,234,1325,192,0203,124,0669,082,05432,302,2801,270,543

. 2,074,8049,020,23711,615,7955,319,19710,901,0971,444,063

1918

$4,431,563316,859

1,724,1163,269,47736,070,9265,844,92517,690,3437,158,5228,669,1002,367,4637,077,1841,857,3521,493,51884,560,64211,456,89815,928,1587,880,2447,918,9609,353,5184,263,00320,415,23781,307,34022,336, 38515,262,7603,542,849

20,716,6923,012,9029,373.582412;342

2,827,72443,109,648

989,825354,263,4175,575,0012,219,95455,170,2527,649,2806,049,987

137,781,37013,512,7662,732,5934,139,2396,795,26821,575,4791,347,7801,821,8237,674,7259,743,1635,709,29511,382,1271,272,692

8,665,567

11,075,053,686 11,269,630,104 1 1,127,721,835

1917

$2,023,984132,769

1,019,2621,848,177

20,355,4245', 184,94810,595,7379,350.4614,446', 6201,584,9173,250,3421,174,831839,646

49,103,2615,978,7825,445,8165,428,4952,943,1964,936,8252,467, 85212,378,72444,478,90715,159,3888,356,1722,252,61210,880, 2411,548,5825,285,238241,944

1,517,18325,710,042

713,829251,785,7952,747,673936,862

31,928,9375,682,4933,298,63079,454,8488,805,9531,815,9091,171,3282,794,19713,447,4531,364,6521,459,2533,929,2734,377,7543,303,2855,716,256838,196

1916

$175,98917,022191,519157,513

3,595,6361,055,7582,824,8463,695,6051,068,644322,636378,062366,802140,496

10,947,2501,165,961518, 845555,943384,497778,693371, 367

2,405,52310,892, 6853,340,6821,553, 282195, 054

2,373,327304, 448347,77818, 505

258,1735,545,231

83,93577,970,521

560,97066,344

7,722,3064,347,797337,051

17,612,7391,915,104

77,19848,563413,078

2,643,697167,688365,004593,304776,470416,386

1,253,25767,510

1691,492,954 2 173,386,694

t incomes $1,000 and over. 2 Net incomes $3,000 and over.

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Page 30: Income 1920

STATISTICS OF INCOME. 2 5

Personal returns, income by sources for calendar years 1920, 1919, 1918, 1917, and 1916.

Source of income.

Personal service:Salaries, w a g e s ,

commissions, bo-nuses, directors'fees, etc

Business, trade,commerce, part-nership, farming,and profits fromincidental salesof real estate,stocks, bonds,and other prop-erty

Total

Property:Rents and royal-

tiesInterest on bonds,

notes, etcDividends

Total

Total incomeGeneral deductions

Net income

Income.

1920 1919

$15,270,373,354 $10,755, 092,051

5,927,327,538

21,197,700,892

1,047,423,738

1,709,299,4282,735,845,795

5,492,568,961

26,690,209,8532,954,640,670

123,735,629,183

6,708,344,984

17,464,037,635

1918 1917

$8, 207,391,550 $3,048,437,902

4,630,455,322

12,897,846,872

1,019,094,265

1,500,779,1002,453,774,825

4,973,648,190

22,437,685,8252,578,194,377

19,859,491,448

975,679,666

1,403,485,6912,468,749,244

4,847,914,601

17,745,761,4731,821,122,118

3,958,670,028

7,607,107,930

684,343,399

936,715,4562,848,842,499

4,469,901,354

12,077,009,284885,763,077

15,924,039,355 2 11,191,246,207

1916

81,478,346,372

3,010,404,924

4,488,751,296

643,802,657

1,080,879,4052,136,408,625

3,861,150,687

8,349,901,9832,051,324,363

3 6,298,577,620

Source of income.

Personal service:Salaries, wages,

commissions,bonuses, di-rectors' fees,etc

Business, trade,c o m m e r c e ,partnership,farming, andprofits fromi n c i d e n t a lsales of real es-tate, stocks,bonds, andother property.

Total

Property:Rents and royal-

tiesI n t e r e s t on

bonds, notes,etc

Dividends

Total

Total income...General deductions...

Net income... ...

Amount.

$4,514,680,703

Increase or decrease.4

1920-19

-781,017,446

3,733,663,257

28,329,473

208,520,328282,070,970

518,920,771

cent.

42$2,488,301,101

21

4,252,584,028!376,446,293

3,876,137,735

10

20

Amount.

2,077,8

Porcent.

30 $4,018,953,648

4,566,190,763

43,414,5

97,293,409-14,974,419

125,733,589;

4,091,924,352,'757,072,2591

3,934,852,0

1918-17

Amount.

671,785,294

Percent.

127 $2,170,091,530

5,290,738,942

291,336,267

466,770,235—380,093,255

378,013,24'

5,668,752,189935,359,041

43

50- 1 3

47106

4,733,393,1481

1917-16

A r a o u n t - cent.

147

948,265,104; 32

3,118,356,6341 69

40,540,742

-144,163,949 - 1 3712,373,8741 33

608,750,667; 16

3,727,107,301-1,165,561,286

45- 5 7

4,892,668,587j 78

1 Compiled from returns reporting net incomes of $1,000 and over,2 Compiled from returns reporting net incomes of $2,000 and over.8 Compiled from returns reporting net incomes of $3,000 an<j over,* A minus sign (—) indicates decrease.

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26 STATISTICS OF INCOME.

In the study of the above table it should be observed that in 1920,1919,1918, and 1917 the figures for each source of income are the posi-tive gain items reported, and represent the gross income, less lossesand other deductions applicable to each source. Wherever scheduleswithin the returns showed net losses, such losses are included ingenera] deductions, which represent in addition to these losses suchother deductions as were not chargeable to any of the sources ofincome.

The source of income items for 1916 represent gross income, thedeductions not having been allocated to the several sources, butreported in lump sum in the returns under the heading "Generaldeductions."

Corporation returns, number filed for calendar years 1920, 1919, 1918, 1917, and 1916, byStates and Territories.

Number of corporations.

States and Territories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia.FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Total.

1920

3,19869

1,5312,317

14,8656,8124,665

8091,1533,2294,500

5341,77121,1279,2758,8994,6584,8044,3652,8304,66214,15010,8729,3151,57313,4283,5714,8731,193994

9,896797

55,4954,8122,89818,8225,5644,58818,8271,8373,8742,5644,7428,5713,094916

5,2809,5984,47311,1981,707

345,595

1919

2,

1,2,14,6,4,

24j1,20,8,7,4,4,4,2,3,13,9,8,1,12,3,4,

1.9,

48,4,2,17,5,4,16,1,3,2,4.8i2.

59!4,io:i'

98363514135716704405816995845420521690214788798531571001841885286626588436764337,510958003392940494396639,088904,252,944,748,501,337,392,709,872751,027,059,004,154,651

320,198

3,

1,1,15,7,4,

3,4,

1,20.8>8,4,4323129811334

8

4742156418132482

593101

228127101993964170799688719023384480184406589257474307661693498622021576132332804464440993807965535212752815321398473617,554,202186,198,542794,009,287,519,961,303

317,579.

1917

3,470212

1,4602,52118,3697,6184,9761,0711,2632,9914,956617

1,88922,3899,0199,2884,6045,5804,0963,3114,25013,7999,9939,4861,811

14,8403,7744,6841,0511,17710,1121,10346,1445,1553,12417,6157,3645,35220,8342,2714,0872,5884,7149,0393,545936

6,0129,0434,55911,9231,341

351,426

3,361206

1,3902,34417,9867,4794,852960

1.1302,8694,758571

1,78021,9318, 5469,0644,4675,4053,7053,0844,03913,2739,8239,2761,65314.2623^6134,561939

1,0529,777979

44,6325,0212,76917,6607,1505,02220,4602,1333,9152,4424,6708,6933,481905

5,9509,9084,38111,6351,291

341,253

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STATISTICS OP INCOME. 27

Corporation returns, net income reported for cale dar years 1920, 1919, 1918, 1917, and1916, by States and territories.

States and Territories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Total 7,902,654,813

Net income.

1920

139, 003, 402524,184

6,687,88519,704,635

282,825,05366,034,83499,993,49525,227,42524,366,57322,417,12361,718,45258,284,6609,783,905

677,180,274128,164,21359,945,718104,600,73274,869,07967,291,63943,835,66876,902,019402,527,511402,047,385148,473,97117,374,055226,302,50011,531,72331,690,9952,032,08017,061,850190,785,5953,985,982

,958,629,723102,277,7696,867,604

560,556,91756,880,89439,521,816971,581,88455,944,45053,342,4027,703,223

52,402, 287127,546,82015,513,09611,268,79396,353,03879,194,723134,304,029163,938,0385,652,692

1919

$37,012,996499,514

9,928,69627,764,783342,599,67279,287,797175,757,79536,679,54029,746,69325.285,56683,470,75640,922,72611,399,127833,157,670142,371,85871,809,349116,251,72170,588,76188,957,20048,758,26193,967,364654,556,714517,774,681190,433,35918.702,567

286,507,23014,867,97445,160,1633,336,25025,505,450254,570,0154,273,632

2,392,486,064114,681,3669,152,029

619,258,19641,622,38748,138,408902,728,720112,140,99163,423,64012,080,87669,108,207

» 128,674,52323,992,23712,480,258128,641,70596,005, 295-74,646,962172,213,1248,039,590

9,411,418,458

1918

$44,240,690694,256

11,712,46320,279,541226,771,65374,209,860162,323,38646,730,07215,100,50014,073,43972,142,67624,023,8097,305,194

759,325,582114,146,47660,992,49981,794,54469,821,55257,167,62152,047,07884,761,692614,896,233338,729,021138,101,26011,244,051

258,919,40228,821,25133,872,9842,288,22714,468,053191,018,7256,628,744

2,153,317,770107,028,1779,900,561

643,186,13337,626,31234,694,323963,262,73978,399,45558,292,5769,704,44753,465, 096124,123,48119,170,23710,211,205107,670,67470,751,20876,642,276158,550,1726,861,873

5,361,511,249

$60,430,518997, 554

31,808, 42823,999,993322,260,90996,761,318181,855,545128,477,42834,393, 56018,677,50473,150, 72638,002,86714,951,419

1,133, 783, 726138,322,86777,849,313121,396,21282,895,74488,178,61855,824, 590109,891, 583831,735,324307,749, 892273,447,66714,814,159

302,119,27431,302,66746,189, 2853,805, 02416,319,046258,292,14414.592,888

2,201,115,74691,608,1219,795,608

936,483,20576,978,23234.385,889

1,476,497,27976,653,83754,561,63410,856,35768,770,977208,191,83749,028,21712,630,109136,977,81584,300,592109,543,951149,917,9729,785,041

1916

$45,892, 777744,903

30,924, 25924,791,391279,952,56957,043,218189,211,399136,270,89841,460,98117,670,82356,508,63945,704,63610,817,234

762,145,412101,751,36857,610,384

104,070,57066,519,11952,633,11738,312,77487,284,003

467,503,662375,253, 744205,685,32911,382,856

222,630,60233,580,30935,742,8543,778,312

14,861,724245,705,91115,138,195

2,274,661,42260,882,80310,664,421

630,144,978112,338,86718,732,510

1,122,447,06671,874,27623,512,6987,924,094

48,737,212123,581,83557,600,8209,201,351

93,482,93153,468,78566,409,707

132,762,5778,895,659

10,730,360,211 i 8,765,908,984

5375°—22 3

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Page 33: Income 1920

28 STATISTICS OF IKCOME.

Corporation returns, tax yield for calendar years 1920, 1919, 1918, 1917, and 1916, byStates and Territories.

States and Territories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia..FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriNontanaMebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Total.

1920

$8 ,183,88168, 388

1,065,1653,590, 889

59,574, 01512,801,86618,364,7293,663,0033,676,6693,919,056

13,504,33819,228,7451,377,922

149,048,59827, 463, 3909,414,567

16,637,77016,965, 23915,427,6078,808,774

13,879,48787,847,073

102,620,78523,338,4893,280, 929

48,149, 8741,243, 9715,214,041

232, 4663,307, 959

33,301,120495,388

353,192,68423,970,252

731,555126,262,551

9, 554, 2698,503, 530

208,770, 84611,623,88915,680, 7441,043,011

11,682,93523,264,395

2,507, 2222,106,179

18,210,78515,319, 80737,908,06538,387,397

818,334

1,625,234,643

$7,357,15967, 859

1,443, 2915,792,366

83,513,27717,590,50139,037,803

8,588, 8576,411,5054,314,97421,352,25611,037,7811,750, 435

189,321, 72133,415,70214,122,88420,987,91415,271,10422,785,95010,824,75722,249,481168,931,296159,566,67735,325,3033,765,16070,928,2601,756, 8208,448,905408,712

5,977,20465,332, 488

577,138501,467,75529,809,9161,004,639

148,160,2958,614,02114,976,082198,978,41131,032,85417,751,1281,859,54416,654,26128,772,3173,995,5472,876, 78525,615,37524,166,13417,709, 90642,364,1511,276,917

2,175,341,578

Tax.

$U, 880,689202,818

3,913,1835,747,37571,857,90628,033, 82465,472,17919,937,7654,792,8543,005,47528,978,0448,014,3831,833,894

278,662,23640,491,54116,100,59219,619,48323,978,93618,300,88118,645,08930,116,417274,088,286143,175,29335,545,6233,180,341

103,399,7795,463,8308,259,550438,975

6,671,27359,670,4601,277,469

807,306,49950,678,0991,485,977

267,344, 55510,324,53212,277,923

385,262,.74235,882,76326,302,7362,001, 26119,108,84634,459,589

* 6,147,4593,882, 24831,014,98023,869,31334,955,95960,827,4801,875,018

3,158,764,422

1917

$15,174,347249, 860

6,598, 8633,962, 29958,384,26814,656,09744,742,69329,154,6154,117,1572,401,06912,312,96711,381,0012,497,452

219,018, 81928,179,16912,517,32819,611,87517,390,72317,557,6398,082,52618,699,793137,224,70560,968,50848, 898,2701,927,45757,452,0113,891,3166,728,556431,467

3,181,31247,280,6893,204,692

394,470,65120,353,0982,144,686

218,117,70314,476,7256,331,770

387,895,67917,236,7109,069,1221,780,96912,841,97136,004,3917,349,6312,200,58218,948,38014,143,32228,631,70530,893,4501,675,681

2,142,445,769

1916

$912,40214,636

619,181487,130

5,458,1021,115,8543,713,3842,894,425778,274351,040

1,082,190889,751212,526

15,014,8452,001,3371,113,9032,073,9111,303,4541,047,775744,773

1,658,0368,927,5947,362,9454,053,243222,380

4,347,717663,332701,49075,148285,939

4,819,514303,499

44,464,7711,200,185207,064

12,384,7992,196,340357,644

22,276,5451,395,766445,222155,845949,638

2,352,0571,145,035180,639

1,709,4181,054,0321,314,0232,615,579170,818

171, 805,150

SUMMARY OF INCOME AND TAX REPORTED BY YEARS.

A general review of the number of returns, the net income, andthe tax reported for each of the years since the inception of thepresent epoch of income taxation is given in the following tables:

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Page 34: Income 1920

STATISTICS OF INCOME. 29

Number of personal returns, calendar years 1914—1920, by income classes.

1916Income classes.

$1,000 to $2,000$2,000 to $3,000$3,000 t o $4,000$4,000 to $5,000$5,000 t o $10,000$10,000 to $15,000$15,000 t o $20,000$20,000 t o $25,000$25,000 t o $30,000$30,000 to $40,000$40,000 t o $50,000$50,000 t o $100,000$100,000 to $150,000$150,000 to $200,000 ,$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $1,000,000$1,000,000 and over

TotalMarried women making sepa-

rate returns from husbands...Total number of returns

filed

1914

82,75466,525

127,44834,14115,7908,6725,4836,0083,1855,1611,189

40623313014769

11460

357,515

357,515

1915

69,04558,949

120,40234,10216,4759,7076,1967,0054,1006,8471,793

724386216254122209120

336,652

336,652

85,12272,027

150, .55345,30922,61812,9538,055

10,0685,611

10,4522,9001,284

726427469245376206

1917

1,640,758838,707374,958185,805270,66665,80029,89616,80610,57112,7337,087

12,4393,3021,302

703312.80179315141

429,401 ! 3,472,890

1 7,635

437,036 3,472,890

1918

1,516,9381,496,878

610,095322,241319,35669,99230,22716,35010,20611,8876.4499,9962,358

86640124726012217867

4,425,114

4,425,114

1919

1,924,8721,569,741

742,334438,1U438,85197,85242,02822,60513,76915,4108,298

13,3202,9831,092

52225028514018965

5,332,760

5,332,760

1920

2,671,9502,569,316

894,559442,557455,442103,57044,53123,72914,47115,8088,269

12,0932,191'59030716616970

12333

7,259,944

7,259,944

1 In 1916 the net income on returns filed separately by husband and wife is combined and the total appearsas one return. In all other years the returns of married women filed separately are included in their indi-vidual income classes independently of husband's income.

NOTE.—The returns for 1913 are omitted, as they pertain only to the last 10 months of that year

Returns of net income by years.PERSONAL.

Year.

1913.1914.1915.1916.1917.1918.1919.1920.

Number ofreturns.

1 357,5981357,515i 336.652M37.036

3 3,472,8903 4,425,1143 5,332,7003 7,259,944

Net income.

2 $3,900,000,0004,000,000,0004,600,000,0006,300,000,00013,650,000,00015,925,000,00019,860,000,00023,736,000,000

Increase fromyear to year.

$100,000,000600,000,000

1,700,000,0007,350,000.0002,275,000,0003,935,000,0003,876,000,000

C O R P O R A T I O N .

Year.

190919101911191219131914.. .1915191619171918 . . .19191920

Total num-ber of

returns.

262,490270,202288,352305,336316,909

e 299,4456 366,443

341,253351,426317,579320,198345,595

Returnsshowingtaxableincome.

i 52,4984 54,0404 55,129<61,116188,866174,205190,911206,984232,079202; 061209', 634203,233

Returnsshowing

no taxableincome.

209,992216,162233,223244,220128,043125,240175,532134,269119,347115,518110,564142,362

Net income.

$3,3,3 ,4,4,3,5,8

10;8,9,7,

590,000,000761,000,000503,000,000151,000,000714,000,000940,000,000310,000,000766,000,000730,000,000362,000,000412,000,000903,000,000

Increase fromyear to year.

$171,000,& 258,000,

648,000,563,000,

6 774,000,1,370,000,3,456,000,1,964,000,

& 2,368,000,1,050,000,

51,509,000,

000000000000000000000000000000000

1 Returns reporting net income of $3,000 and over.2 Determined on the basis of the number of returns filed and the average net income in each class.3 Returns reporting net income of $1,000 and over.4 Returns showing net income in excess of $5,000 exemption.5 Decrease.61915 contains approximately 30,000 returns shewing no net income which properly belong and shouldbe included in 1914. (See Annual Report Commissioner of Internal Revenue, 1916, p. 20.)

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Page 35: Income 1920

30 STATISTICS OF INCOME

Income tax yield by years.

Year.

1913x . .1914 l

19151.1916191719181919 . . .19^0

Personal.

Normal tax.

$12,728,03816 559 49323,995,77751 440 558

156,897,441476,432,808468,104,801478,249,919

Surtax.

$15,525,49724 486 66943,947,818

121 946 136433,345,732651,289,027801,525,303596,803,767

War profitsand excessprofits tax.

$101,249,781

Total tax.

$28,253,53541 046 16267,943,595

173 386 694691 492 954

1,127,721,8351,269 630 1041,075,053,686

Year.

191311914 x

1915 l

19161917191819191920

Partnership.

War profitsand excessprofits t ax .

$103 887 984

Income tax.

2 $43,127,74039 144 53256.993 657

171 805 150503,698,029653,198,483743,535,888636,508,292

Corporation.

War profits andexcess profits

tax.

$1,638 747,7402,505,565,9391,431,805,690

988,726,351

Total tax.

2 $43,127,74039,144,53256,993,657

171 805 1502.142,445,7693,158,764,4222,175,341,5781,625,234,643

Grand total.

$71,381,27580,190,694

124,937,252345 191 844

2,937,826,7074,286,486.2573,444,971,6822,700,288,329

1 Annual Report of Commissioner of Internal Revenue for fiscal year ended June 30 immediately follow-ing the year shown above.2 Includes excise tax, $10,071,077, act of Aug. 5,1909.

CAPITAL STOCK TAX RETURNS.

Data compiled from the " Capital stock tax returns for 1922,"filed as of July 1, 1921, are presented in the following tables. Thesame general industrial grouping is used as for the statistics compiledfrom the returns of net income filed by corporations. The datarepresent information as reported by 326,100 out of approximately345,000 returns.

In each of the several tables the number of returns falling underthe various classifications are shown, together with the aggregatepar value of the common stock, the preferred stock, and the totalpar value of the common and preferred stock; likewise the fairaverage value of the capital stock. The law provides that the taxshall be measured by the fair average value of the capital stock of acorporation as of the year immediately preceding the taxable period.In the returns used in this compilation, the fair value is reported forthe year, July 1, 1920, to June 30, 1921. The fair average value ofcapital stock as reflected in these tables is not comparable withinvested capital as required for the purpose of the excess-profits tax.

The fair average value of capital stock contemplates the value ofthe total outstanding stock of the corporation considered as a goingconcern, and in estimating such value due consideration is given tothe net value of the assets, earning capacity, market value of theshares, and other factors that may materially affect values in a givencorporation or industry, whereas invested capital for the purpose ofthe excess-profits tax is based upon the actual investment of the

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Page 36: Income 1920

STATISTICS- OF INCOME. 3 1

stockholders in the corporation, irrespective of the present value ofthe assets.

The tables also show the amount of taxable fair value under eachdistribution, which is computed by deducting the specific exemptionof $5,000 for each taxable corporation plus the amount of fair valuereported by tax-exempt corporations.

The magnitude of corporate industry and the relative importanceof each industrial group is clearly shown in Table 1. Of the aggregatefair value of $75,500,000,000 the manufacturing group reportsapproximately $30,500,000,000 or 40 per cent; the next highest isfinance, banking, insurance, etc., with $13,700,000,000 or 18 per cent,followed by transportation and other public utilities, representing$11,400,000,000 or 15 per cent, after which comes mining and quarry-ing, $6,700,000,000 or 9 per cent. The agriculture group reports only$1,000,000,000 or 1J per cent. The largest minor division of themajor industrial groups is the manufacturing of metal and metalproducts, whose aggregate fair value totals in round numbers$10,500,000,000, representing almost 14 per cent of the aggregatefair value reported by all the returns tabulated.

Table 2 supplements the preceding table and shows in percentagesthe ratios of the common, the preferred, and the fair value of thecapital stock to the total par value of the capital stock, both in theaggregate and by industrial groups and exhibits the relative positionof the various industrial divisions with respect to the par value andthe fair value of their capital stock. Leading in this respect are thelife-insurance companies with a ratio of 273 to 100; this is immedi-ately followed by the group of accident, fire, and marine insurancecompanies reporting 272 to 100. The "All other insurance" groupshows 236 to 100. (For the insurance groups, however, a dispropor-tionately high ratio of the fair value to the par value of the stock isshown, due to mutual or nonstock organizations having been includedin the tabulation.) The next in order are the trust companies with233 to 100, followed by national banks, 209 to 100, and State banks155 to 100. Lowest in order are the electric railway group with aratio of 31.75 in fair value to each 100 par value of capital stock.

In the consideration of these data in determining the relationshipof the fair value to the par value of the capital stock, the abnormalfinancial conditions of the period July 1, 1920, to June 30, 1921,should be kept in mind.

Table 3 shows the distribution of the returns according to the sizeof corporation based on fair value of the capital stock and Table 4shows the distribution by States and Territories.

The tabulations do not contain returns reporting capital stock with"No par value" and the data are as originally filed and prior to auditand adjustment.

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Page 37: Income 1920

Capital stock tax returns—Distribution by industrial groups, showing capital stock, fair value, and tax.

[Returns filed for 1922 (July 1, 1921-June 30, 1922).]

Industrial groups.

Agriculture:FarmingRelated industries..

Total..

Mining and quarrying:CoalMetal miningOil and gasNonmetal miningQuarryingAll other mining and quarrying

Total.,

Manufacturing:Food productsTextile productsLeather productsRubber productsWood productsPaper, pulp, and productsPrinting and publishingChemicals and allied substances.

• Stone, clay, and glassMetal and metal productsAll other manufacturing

Total...

Construction.

Totalnumber

ofreturns.

Capital stock.

Common.

5,367660

6,027

3,7691,3614,153120

1,082

11,253

12,5189,2801,999687

6,2961,6067,2335,5443,33814,7499,055

72,305

8,330

Transportation and other public utilities:Steam railroadsElectric railroadsAll other railroads and combinations..Water transportation

949659294

1,564

$691,499,044129,342,801

820,841,845

1,004,375,4301,500,150,8542,377,171,669

37,203,103144,303,034544,140,095

5,607,344,185

2,501,1,749,427,416,913,406,424,

2,133,525,

5,403,1,424,

561,357123,232331,327460,118824, 887762,148215,392048,729476,490338,360582,684

16,325,724,724

569,522,592

5,243,341,412975,126,433463,240,070452,345,184

Preferred.

$44,662,14045,781,718

90,443,858

133,779,01058,962,348165,029,2063,978,55023,277,063145,963,315

530,989,492

990,464,862603,814,914192,707,250313,531,249127,520,689147,854,954104,414,823765,860,948144,870,683

2,155,812,924448,640,306

5,995,493,602

85,150,655

1,438,158,877208,132,759182,256,288121,469,595

Total par value(common and

preferred).

$736,161,184175,124,519

911,285,703

1,138,154,4401,559,113,2022,542,200,875

41,181,653167,580,097690,103,410

6,138,333,677

3,492,026,2192,352,938,146

620,038,577729,991,367

1,041,345,576554,617,102528,630,215

2,898,909,677670,347,173

7,559,151,2841,873, 222,990

22,321,218,326

654,673,247

6,681,500,2891,183.259,192

645; 496,358573,814,779

Fair value.

$810,372,337183,922,460

Taxable fairvalue.

$780,915,191179,598,374

994,294,797 960,513,565

1,766,252,7241,782,433,9782,556,917,338

82,318,084172,386,962356,478,325

6,716,787,411

3,849,500,4603,616,323,635

754,027,137664,092,135

1,818,242,380857,196,647789,828,871

4,388,770,597795,502,763

10,444,695,5712,461,065,045

30,439,245,241

793,655,180

5,196,952,735375,657,377410,379,879632,402,443

1,743,170,5401,767, 845,1782,532,636,152

81, 825,908164,724,749351,748,982

6,641,951,509

3,777,3,571,

744,659,

1,785,849,756,

4,361,778,

10,367,2,419,

Tax.

$780,915179,598

960,513

1,743,1701,767,8452,532, 636

81, 826164,725351,749

6,641,951

656,402774,464727, 720846,592688,971331,268 I369,831007,846 1888,688630,966289,406

30,072,212,154

752,657,996

5,187,019,472373,273,308409,238,623624,293,567

3,777,6563,571,774

744, 728659, 847

1,785,689849,331756,370

4,361,008778,889

10,367,6312,419,289

30,072,212

752,658

5,187,019373,273409,239624,294

Fairvalue,

per centof total.

1.07.25

1.32

2.342.363.39.12.23.47

5.104.801.00.88

2.411.141.055.821.05

13.853.26

40.36

1.05

.50

.54

.84

COto

Hi—t

in

8.91 ^

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Page 38: Income 1920

Local transportation, cab, livery, etcElectric light and power companiesGas companiesTelephone, telegraph, and radio companies..Water worksStorage companiesAll other public utilities

Total.

Trade

Public service:Domestic services—hotels, etcAmusements—theaters, etcManagement—economics, accountants, etc.Educational—colleges, museums, etcCurative—hospitals, asylums, etcLegal—lawyers, patent attorneys, etcEngineering—architects, civil, etcAll other service

Total.

Finance, banking, insurance, etc.:National banks ,State banksTrust companiesStocks, bonds, loans, realty and holding companies.Life insuranceAccident, fire, and marine insuranceAll other insuranceAll other financial concerns and combinations

Total..

Combinations, predominant industry not ascertainable..Concerns in liquidationInactive concernsExempt organizations

Grand total.

2,5022,041740

3.6581,5933,1662,026

19,192

75,131

4,9213,6131,619694845836747

2,162

15,437

8,06618,5322,20952,174

245660633

2,324

84,843

3,3483,51922,1824,533

326,100

60, 447,6351,046, 768, 792729,381,845

1,201,168,555248, 768,529275,990,137

1,190, 856,536

11,887,435,128

6,347,234245,199, 44387,960,369111, 201,67917,188,48843,215,040449,137,572

2,910,267,344

5,016,345,304 1,107,796,011

309,458,190212,163, 82771,257,90432,041,98926,103,97632,001,66671,649,07378,831,926

833,508,551

1,197,846, 8341,050,941,297691,917,230

8,025,242,90353,066,396143,199, 705117,237,863558,935, 870

11,838,3

786, 980,819473,094,179

2,236,249,787211,916,762

56,607,361,974

90,942,13630,785,09714,525,71414,385,8511,821,8051,421, 7308,706, 8887,867,312

66, 794,8691,291,968,235817,352,214

1,312,370,234265,957,017319,205,177

1,639,994,108

14,797,712,472

6,124,141,315

400,400,326242, 948,92485,783,61846,427,84027,925,78133,423,39680,355,96186,699,238

1,003,965,084

i 1,197,846,834• 1,050,941,297] 691,917,230

1,322,866,681 I 9,348,109,584I ' 53,066,396I 143,199,705

117,237,8631,428,094,681,158,811

2,192,025,492 14,030,413,590

161,400,14468,879,045288,129, 26022,083,345

13,623,114,781

948,380, 963541,973,224

2,524,379,047234,000,107

70,230,476,755

75,813,954982,322,061808,138,579

1,079,815,979205,931,908357, 855,676

1,221, 837,362

11,347,107,953

8, 533,021,280

486,961,442277, 824,44683,957,13927,516,35931,323,73047,643, 72744,714,93882,781,630

1,

65,293,985973,427,960803, 796,002

1,065,461,721198,486,715344,074,009

1,212,542,968

11.256,908,330

8,168,138,921

462,935,861259,569,15474,325,58024,448,55027,611,94544,145,59141,559,64374,034,324

2,506,557,2761,630,141,0101,544,351,6916,171, 970,969

144, 889,455389,177,781277,104,957

1,004,158,722

13,668,351,861

1,461,570,187219,651,279114,006,98836, 209, 586

75,406,625,17

2,467,157,1111,539,412,9541^528,241,4415,345,411,799143,762,711386, 609, 024274,336,052986,016,039

2,467,1571,539,4131,528,2415,345, 412143.763386' 609274,335986,016

12,670,947,161 12,670,947

1,446,286,084177,065,90117,356,833

1,446,286177,06617,357

73,172,669,102 73,172,669

1.44

65,294973,428803, 796

1,085,462198,487344,074

1,212,543

11,256, S

8,168,139 !

462,936259,56974,32624,44827,61244,14641,56074,034

.101.301.071.44

.27

.471.62

15.04

11.32

.65

.37

.11

.04

.04

.05

.OS

.11

3.322.162.05S. 18

.19

.52

.371.34

18.13

1.94.29.15.05

100.00

i i

aw

ao

COCO

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Page 39: Income 1920

34 STATISTICS OF INCOME.

Capital stock tax returns—Distribution by industrial groups—Percentage table, showingratios to total par value.

[Returns filed for 1922 (July 1, 1921-June 30, 1922).]

Industrial groups.

Agriculture:Farming

Total

Mining and quarrying:CoalMetal mining .Oil and gasNonmetal mining..Quarrying .All other mining and quarrying

Total

Manufacturing:Food productsTextile productsLeather products... .Rubber products ;Wood products....Paper, pulp, and productsPrinting and publishing ..Chemicals and allied substancesStone, clay, and glassMetal and metal productsAll other manufacturing

Total

Construction

Transportation and other public utilities:Steam railroadsElectric railroadsAll other railroads and combinationsWater transportation"Elp.rtf.rifilight and power nrvrpppnips . .Gas companiesTelephone, telegraph, and radio companiesWaterworksStorage companiesAll other public utilities

Total

Trade

Public service:D omestic service—hotels, etcAmusements—theaters, etcManagement economics, accountants, etc..Educational—colleges, museums, etcCurative—hospitals, asylums, etcLegal—lawyers, patent attorneys, etcEngineering—architects, civil, etcAll other service

Total

Capital stock.

Common.

93.9373. 86

90.08

88.2596.2293.5190.3486.1178.85

91.35

71.6474.3468.9257.0587.7573.3480.2573.5878.3971.4870.05

73.14

86.99

78.4782.4171.7678.8390. 5081.0289.2491.5393.5486.4672. 61

80.33

81.91

77.2987.3383.0769.0193.4895.7589.1690.93

83.02

Preferred.

6.0726.14

9.92

11.753.786.499.66

13.8921.15

8.65

28.3625.6631.0842.9512.2526.6619.7526. 4221.6128.5223.95

26. 86

13.01

21.5317.5928.2421.179.50

18.9810.768-476.46

13.5427.39

19. 67

18.09

22.7112.6716.9330.996.524.25

10. 849.07

16.98

Total parvalue

(commonand pre-ferred).

100.00100.00

100.00

100.00100.00100.00100.00100.00100.00

100.00

100.00100.00100.00100.00100. 00100.00100.00100.00100.00100.00100.00

100. 00

100.00

100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00

100.00

100. 00

100.00100.00100.00100.00100.00100.00100.00100.00

100.00

Fairvalue.

110.08105.02

109.11

155.19114.33100.58199.89102.8751.65

109.42

110.24153.69121. 6190.97

174.60154.56149.41151.39118.67138.17131.38

136.37

121.23

77.7831.7563.58

110.21113.5076.0398.8782.2877.43

112.1174.50

76.68

139.33

121.62114.3697.8759.27

112.17142.5555.6595.48

107.84

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Page 40: Income 1920

STATISTICS OF INCOME. 35

Capital stock tax returns—Distribution by industrial groups—Percentage table showingratios to total par value—Continued.

Industrial groups.

Finance, banking, insurance, etc.:National banksState banksTrust companies.. . . . .Stocks, bonds, loans, realty and holding companiesLife insurance..Accident, fire, and marine insuranceAll other insurance..All other financial concerns and combinations

Total

Combinations, predominant industry not ascertainableConcerns in liquidation.. .Inactive concernsExempt organizations

Grand total

Capital stock.

Common.

100.00100.00100.0085.85

100. 00100.00100.0039.14

84.38

82.9887.2988.5990.56

80. CO

Preferred.

14.15

60. 80

15.62

17.0212.7111.419.44

19.40

Total parvalue

(commonand pre-ferred).

100.00100.00100.00100.00100.00100.00100.00100. 00

100.00

100.00100. 00100.00100.00

100.00

Fairvalue.

209.25155.11223. 2066. 02

273.03271. 77236.3670.31

97.42

154.1140.534.52

15.47

107.37

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Page 41: Income 1920

Capital stock tax returns—Distribution by size of capital stock fair value, showing capital stock, fair value, and tax.

[Returns filed for 1922 (July 1,1921-June 30, 1922).]

co

Size of capital stock fair value.

No fair value reported..Fair value under $1,000.$1,000 to $2,000$2,000 to $3,000$3,000 to $4,000$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000Sf,000 t o $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000..

28,93420,6029,684G,6036,0365,9627,9125,2975,0034,8524,5148,5584,3334,7693,8213,416

18,90716,07314,45220,688

, 14,528$50,000 to $60,000 13,286

Numberof

returns.Common.

$60,000 to $70,000.$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to$200,000$200,000 to $250,000....$250,000 to $3 00,000....$300,0001 o $400,000$400,000 to $500,000....$500,000 to $750,000.-..$750,000to $1,000,000..$1,000,000 to $1,500,000$1,500,00010 $2,000,000$2-000,000 to $3,000,000$3,000,0001 o $4,000,000,

9,2967,4456,0695,037

19,19510,1676,8845,0196,5924,0235,7113,0693, 2591,3461,700

831

$3, 854,693, 4322,544,126,662

874,672,538151,644,281132,955,758

' 138,860,469183, 227, 73886,604,17285, 050,91686,789,03693,616,366

176,142,810102,262,816102,739,01694,057,19280,415,322

469,354,481459,905,481475,383,408774,138,264688, 437,953757,578,212571,874,33S

• 511,818,432468,629,881419,401, 567

2,008,878,3191,417,036,2161,192,053,197

971,270,5001,564,689,6251,253,728,3542,277,230,4201,707,994,5022,370,722,0911,391,131,7872,534,874,3581,613,471,540

Capital stock.

Preferred.

$540,939 829376,392,314121,452,17512,139,1375,240,5244,424,1798,407,125

12,852,8765,941,2434,161,0007,039,6057,009, 5032,587,4925,236, 2974,764, 9975,471,008

27,325,25137,046, 40829,338,17758,478, 02863,979,36255,533,18746,447,58437,304,31755,539,53739,240,684

236,519,142186,704,434171,489,147138,182,378274,433,579264,333,403635,617,711410,792,059595,548,651342,314,022

1,428,246,378491,483, 501

Total par value(common and

preferred).

$4,395,633,2612,920,518,976

996,124, 713163,783,418138,196, 282143,284,648191,634,86399,457,04890,992,15990,950,036

100,655,971183,152,313104,850,308107,975,31398, 822,18985,886, 330

496,679,732496,951,889504,721, 585832,616,292752,417,315813,111,39-9618,321,922549,122', 749524,169,418458,642,251

2,245,397,4611,603,740,6501,363,542,3441,109,452,8781,839,123,2041,518,061,7572,912, 848,1312,118, 786,5612,966,270,7421, 733, 445,8093,963,120, 7362,104,955,041

Fair value.

$3,507,0879,127,222

15,932,46020,560, 59926,455, 74741,818,38333,948,08337,294,40440,908,09242,777,08187,724,00349,651,56659,227,13951,481,37249,379,298

325,559,737356,616,725390,747,824712,847,974647,744,523718,808,439599,828,140556,216,691514,034,289477,358,646

2,312,293,9171,750,872,1691,531,522,7131,367,427,0982,267,809,3651,793,194,6453,487,627,8942,641,197,9183,962,622 1622,335,025,0274,091,410,3992,840,957,295

Taxable fairvalue.

$84,8397,352,681

12,069,66916,394,69719,954,44843,768,92927,716,15934,943,47331,949,03831,866,791

228,403,990273,251,294314,431,736603,063,141567,477,347643,584,349547,544,580514,511,712479,471,284447,588, 893

2,190,729,7471,684,189,7251,480,944,2291,327,238,8542,215,952,2671,755,608,4693,395,581,4882, 598, 731,5643,887,014,3812,300,979,0194,039,252,6292,803,929,915

Tax.

S857,353

12,07016,39519,95443,76927,71634,94331,94931,867

228,401273,251314,432603,063567,477643,584547, 545514,512479,-471447,589

2,190, 7301,684,1901,480,9441,327,2392,215,9521,755,6063,395,5812,598,7323,887,0142,300,9794,039,2532,803,930

ain

3oo

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Page 42: Income 1920

$4,000,000 to $5,000,000...$5,000,000 to $10,000,000..$10,000,000 to $20,000,000.$20,000,00010 $30,000,000.$30,000,000 t o $40,000,000.$40,000,000 to $50,000,000.$50,000,000 t o $60,000,000.$60,000,000 t o $70,000,000.$70,000,000 t o $80,000,000.$80,000,000 to $90,000,000.$90,000,000 and over

Total

48687748913469283323111067

326,100

1,3,4,2,1,

1,

5,

56,

227,677,711579,353,729026,920,810020,704,200354,310,937964, 528,398097,327,141863,755,533367,128,944587,530,700830,662,421

607,361,974

402,036,2761,308,698,3091,154,411,474601,723,704424, 477,409260,755,799407,160,570273,738,689129,398,375152,000,000

1,758,757,932

13,623,114,781

1,4,5,2,1,111

7

629,888,181,

713,052,332.

622,427;778225504137496739589

788,284,487,494,527,530,

987038284904346197711222319700

420,353

70,230,476 755

2,6,6,3,

167,562,933059,030,445743,380,692245, 502,226

2,376', 293', 081111

12

75

226,991,366835,371,844463,279,573816,112,948838,387,227383,196,713

406,625,174

25'6>3,2,1,1,1,

12,

73,

125,365,890,111,627,551,219,977,345,953,226,851,835,206,463,164,816,057,763,983,332,866,

172,669,

470467270854081366841573948182713

102

2,5,6,3,2l',1,1,

12,

73,

125,890,627.219,345,226,835,463,816,

365112551978953851207165058

763,983332,

172,

867

669

Oo

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Page 43: Income 1920

Capital stock tax returns—Distribution by States and Territories, showing capital stock, fair value, and tax.

[Returns filed for 1922 (July 1,1921-June 30,1922).]00

States and Territories.Total

numberof

returns.

Capital stock.

Common. Preferred.Total par value(common and

preferred).Fair value.

Taxable fairvalue. Tax.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Columbia.FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregon

2,974102

1,4281,994

14,7576,1434,606

682950

2,8343,898

5761,631

19,1218,8448,6474,5734,9124,3532,7253,512

14,21310,5629,0441,531

12,7872,3404,7561,1791,0169,556

83550,8264,3352,432

18,6824,2534,653

$276,009,78514,838,616

522,327,875141,234,942

3,704,948,4181,227,891,845

810,157,775236,024,929318,107,110212,368,742374,451,654167,914,406245,461,569

4,089,795,677785,144,867551,532,660659,524,433464,764,701508,230,607408,241,140698,576,093

2,869,919,8011,434,334,5961,605,924,280

104,021,1521,763,679,152

323,205,113348,029,606289,470,78476,725,185

1,502,729,01684,444,553

12,493,878,563408,094,74073,215,529

2,948,280,348668,809,720383,816,667

$45,093,77850,000

9,890,71811,858,497

442,800,257159,538,487133,853,052820,325,99489,627,47118,815,23675,305,1195,146,7027,966,119

1,127,862,297219,792,337105,096,296169,429,21869,898, 93765,441,897

121,557,564360,081, 455933,078,977316,404,274209,428,439

6,791,497515,463,98219,976,25267,757,2212,632,508

22,021,502296,299,778

2,010,6943,981,221,929

131,323,0655,742,347

1,038,603,81074,138,77843,110,346

$321,103,56314,888,616

532,218,593153,093,439

4,147,748,6751,387,430,332

944,010,8271,056,350,923

407,734,581231,183,978449,756,773173,061,108253,427,688

5,217,657,9741,004,937,204

656,628,956828,953,651534,663,638573,672,504529,798,704

1,058,657,5483,802,998,7781,750,738,8701,815,352,719

110,812,6492,279,143,134

343.181,365415,786,827292,103,29298,746,687

1,799,028,79486,455,247

16,475,100,492539,417,80578,957,876

3,986,884,158742,948,498426,927,013

$380,647,3413,979,794

154,247,415180,513,222

3,544,151,287936,164,001

1,220,754,520469,407,950284,217,610277,520,544583,761,945297,157,552146,368,210

6,043,570,7101,054,964,158754,403,929815,342,155636,867,429757,049,452380,172,655895,467,974

3,532,961,5072,723,225,8932,160,120,725160,692,277

2,214,754,279263,638,233433,713,81947,979,471186,878,414

1,973,212,70760,236,710

19,329,780,708622,037,38192,979,508

4,835,533,770709,830,384402,340,972

$337,726,6123,563,488

144,394,211170,361,938

3,405,639,249876,629,096

1,191,559,904457,862,059280,000,770261,735,510557,803,997294,589,331139,912,825

5,933,945,0701,014,152,606714,713,787792,292,752613,708,565735,549,171355,845,454826,539,588

3,453,147,6352,665,713,6831,956,049,796152,930,496

2,144,569,317246,005,470407,629,86943,718,268182,584,699

1,926 572,52754,157,696

18,897,827,186602,488,08878,977,534

4,744,406,579688,906,121380,745,347

$3373

144170

3,405876

1,191,457,280,261,557294139

5,9331,014714792,613,735,355,826,

3,453,2,665,1,956152

2,144246,407,43,182,

1,92654,

18,897,602,78,

4,744,688,380,

727563394362639629560862001735804589913945153714293709549845540148714050930569005630718585572158827488978407906745

in

a

ao

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Page 44: Income 1920

Pennsylvania..Rhode Island...South Carolina.South Dakota. .TennesseeTexasUtahVermontVirginiaWashingtonWest Virginia..WisconsinWyoming

17,6101,9023,5472,3414,1168,8343,2371,2164,5199,5964,249

10,9841,687

6,122,676,484307,528,334195,996,91395,753,371

419,761,4191,484,931,541

447,679,92082,894,610

736,056,8521,117,236,225

669,543,196845,331,585285,846,875

Total I 326,100 50,607,361,974

972,870,31073,425,68255,154,0296,166,67574,719, 73281,217,43145,360,14823,326,036193,863, 70651,035,07683,788, 758

229,590,7157,159,653

13,623,114,781

7,095,380^251;101494',

1,566,493,106,929,

1,168,753,

1,074,293,

546,794952,016150,942920,046481,151148,972040,068220,646920, 558271,301331,954922,300006,528

70,230,476,755

8,321,463,474584,299,893309,407,50790,571,199460,037,003

1,600,373,864324,947,140110,428,406939,145,419759,708,187834,019,019

1,384,694,538120,882,914

75,406,625,174

8,211,270,970575,071,701292,126,02980,380,627440,329,975

1,543,518,971310,136,721105,492,400915,762,144720,666,092811,768,903

1,316,741,181114,447,094

73,172,669,102

8,211,271575,072292,12680,381440,330

1,543,519310,137105,492915,762720,666811,769

1,316,741114,447

73,172,669

UlHOUl

oM

o

CO

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Page 45: Income 1920

"40 STATISTICS OF INCOME.

FEDERAL ESTATE TAX RETURNS.

There are given below/tables prepared from the estate-tax returnsfiled during the period from September 9, 1916, the effective date ofthe original estate-tax law, up to and including January 15, 1922,the date as of which this statistical analysis was made.

It should be noted that the tables are based on returns actuallyfiled within this period as distinguished from the number of taxableestates in which the decedents died during this period. This distinc-tion arises from the fact that estate-tax returns are not due untilone year after death, and, while returns are frequently filed in ad-vance, it results that relatively few returns for decedents dying inthe calendar year 1921 had been filed on January 15, 1922.

The estate tax is a tax imposed on the transfer of the net estateof a decedent and is graduated according to the size of the net estate.

In the case of a resident decedent the net estate is the gross estateless the deductions indicated in the table, which include in each casea specific exemption of $50,000, so that in effect the gross estate ofa resident decedent must exceed the specific exemption of $50,000plus all other deductions before any tax can result. Returns mustbe filed for all resident estates where the gross estate exceeds $50,000.The net estate in the case of a nonresident decedent is the grossestate situated within the United States less the proportionate deduc-tions specified by the statutes. The specific exemption of $50,000does not apply to the estates of nonresident decedents, and returnsmust be filed in all cases where there is property situated within theUnited States.

The size of the net estate as given in the first column of the tablescorresponds to the successive taxable blocks as fixed by the revenueacts.

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Page 46: Income 1920

Federal estate tax returns—Returns of resident decedents distributed by size of net estate.

[Returns filed from Sept. 9,1916, to Jan. 15,1922.]

Size of net estate.

No net estateUnder $50,000$50,000 to $150,000$150,000 to $250,000$250,000 to $450,000$450,000 to $750,000$750,000 to $1,000,000...$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000..$5,000,000 to $6,000,000..$6,000,000 t o $7,000,000.,$7,000,000 to $8,000,000.$8,000,000 to $9,000,000. .$9,000,000 to $10,000,000.$10,000,000 and over . . . .

Total

1 Net taxable estate.

Number; G r o s s

returns. 1 e s t a t e '

5,64320, 3309,2102,7002,1391,028

38238013514348301212357

23

42, 230

$437, 471,2901,515,720,7121,485, 573, 508

763,259, 906955, 261,665734,603, 884396,427, S16554,059, 742275, 520, 099409,476,872189,347, 561154,192,32285, 795,90089,045,09726,915,75652,825, 26193, 506, 803

566,637,695

8, 7S5, 641, 889

Deductions.

Specificexemption.

$282,150,0001,016,500, 000

460,500,000135,000,000106, 950,00051,400,00019,100, 00019,000,0006, 750, 0007,150, 0002,400, 0001,500, 000

600, 000600, 000150, 000250, 000350,000

1,150, 000

2,111,500,000

Charitable,public,

andsimilar

bequests.

$41, 710,43523,984, 28126,378, 87311,228,61421,456, 84717,227, 2486,643,234

15,376,6367, 800,6494,265, 9412,965,1713,302, 545

709, 7501,376,500

385,58518,382,17261,297, 208

204, 491,687

Propertyfrom estates

taxedwithin5 years.

$30,576,8917, 710,2058,447,4792, 831, 9563,064,8301, 847,000

574,6776, 507, 738

1S8,627020, 953

15,149

700,000

4,197,398

67,582, 903

Funeral andadministrativeexpenses, debts,unpaid mort-

gages, etc.

$182,048,37081, 492, 899

179, 526, 50790,920,952

115,659,92573,527, 29343,492,94455, 271,51728,601, 37749.616.66318,106,98314,288, 52117, 827,11710,962,6771,113,112

10,717,5598,465,034

51,768,724

1,033,408,174

Total.

$536,485,6961,129,687,385

674,852, 859239,981, 522247,131,602144, 001, 54169, 810,85596,155. 89143.340,653Gi; 953, 55723, 487,30319,091,06619,836, 86712,939.1775,460; 510

11,353,14427,197, 206

114,215,930

3,476, 982, 764

Net estate.1

$386,033,327810,720,649523,278, 384708,130,063590,602, 343326,616,961457,903,851232,179, 446347,523, 315165, 860, 258135,101,25665,959,03376,105,92021,455,24641,472,11766,309,597

452,421,765

i 5, 407, 673, 531

Tax.

$5,222,78015,620,28913,945,90225,249, 84628,219,53918, 111, 25630, 812,48517,716,66030, 879,59317, 266,7«015, 855,1618,684, 837

10,253, 2432,754,9066,693,365

10,745,53393,106,148

351,138,323

Averageamount

of tax perreturn.

$256.901,696. 015,165.15

11,804.5127,450. 9147,411.6781,085. 49

131,234.52215,941.21359,724. ns528,505.37723,736. 42854, 43G. 92918,302.00

1,338,673.001,535,076.144,048,093. 39

9,597. 35

Averagerate

per centof tax.

1.351.932.673.574.785.556.737.638. 89

10. 4111.7413.1713.4712. 8416.1416. 2120. 58

6.49

og

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Page 47: Income 1920

42 STATISTICS OF INCOME.

Federal estate tax returns—Returns of nonresident decendents, distributed by size of netestate.

[Returns filed from Sept. 9, 1916, to Jan. 15, 1922.]

Size of net estate.

No net estateUnder $50,000$50,000 to $150,000$150,000 to $250,000$250,000 to $450,000$450,000 to $750,000$750,000 to $1,000,000$1,000,000 to $1,500,000...$1,500,000 to $2,000,000...$2,000,000 to $3,000,000...$3 000 000 to $4 000,000$4,000,000 to $5,000,000...$5,000,000 to $6,000,000...$6,000 000 to $7 000,000 .$7,000,000 to $8,000,000...$8,000 000 to $9 000 000$9,000,000 to $10,000,000..$10,000,000 and over

Total*

Re-turns.

152,559

197603512591

il

l

2,896

Grossestate.

$29718,596,14618,467,50812,325,36212,284,1617,712,3864,492,489

11,200,8331,975,276

4,602,4185,514,445

10,425,570

107,596,891

Deduc-tions.

$6501,420,958

819,7801,363, 512

999,779532,040134, 288448,37117,155

11,999

5,748,532

Net estate.

$17,175,18817,647,72810,961,85011,284,3827,180,3464,358,201

10,752,4621,958,121

4,602,4185,502,446

10,425,5702 101,848,712

Tax.

$240,036352,617285,521403,929370, 260244,698761,256196,974

610,435586,867

1,325,335

5,377,928

Averagetax.

$93. 801,789. 934,758.68

11,540. 8330,855.0048,939.6084,584.00

196,974.00

610,435. 00586,867.00

1,325,335.00

1,866.69

Averagerate per

cent.

1.402.002.603.585.165.617.08

10.06

13.2610.67

12.71

5.28

1 The above returns are included in the distribution shown in Table 1.2 Net taxable estate.

On the pages immediately following will be found the basic tablesof income distribution in the United States and in each State andTerritory.

Respectfully,D. H. BLAIR,

Commissioner of Internal Revenue.Approved: September 21, 1922.

A. W. MELLON,

Secretary of the Treasury.

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Page 48: Income 1920

BASIC TABLES

5375 °—22 4 43

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Page 49: Income 1920

TABLE 1.—-PERSONAL RETURNS—DISTRIBUTION OF INCOME, BY STATES, FOR THE UNITED STATES; showing foreach State the number of returns, net income, tax, and relative percentages.

[Income returned for the calendar year ended Dec. 31,1920.]

States andTerritories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth Carolina

Returns.

Number.

52, 9S49, soy

21. SI2:;s, M3

;s9ii, 97374,198

I i.S, 195.1S, 93769, 73042,21073, 32513,71525. 755

542, 467189, 587183, 39899, 25578, 25S09, 34047, 717

148,000401, 770305, 075154,11828, 022

162,19945,55797, 72910, 38135, 983

296, 98913, 656

1,047,63447,342

Percentof total.

0.73.14.34.52

5. 471.022.06.26.96.58

1.01.19.35

7.472.612.531.371.08.96.66

2.045.534.202.12.39

2.23.63

1.35.14.50

4.08.19

14.43.65

Net income.

Amount.

$156,604,93319,400, 77567, 280, 486

118,060.7101,329,006,594

219,277,184451,737, 70255,633,321

208,388,174141,105,124228,619,71655,572, 89667,391,639

1,836,956,9425oti,061,991631,560, 789305,413, 429243, 879, 230237,109,145143,455; 545482,195, 448

1,368, 406, 648895,679, 238453,212,241S3, 954,352

548,130,178109,348,194305,362, 70625,337, 934

100,431,539977, 853, 62736,923,120

4,030,623,696163,799,837

Per centof total.

0.66.09.28.50

5.59.92

1.90.23.88.59.96.23.29

7.732.342.661.291.031.00.60

2.035.763.771.91.35

2.31.46

1.29.11.42

4.11.16

16.97.69

Exemptions from normal tax.

Personalexemption.

$99,269,49013,853,20044,545, 94975,155, 920

671,115,418137,048, 948248, 763,35733,065,407

110,764,18478,481,769

141,801,93724,984,77547.324,424

985,177,317339,845, 783335,156, 847192,208, 645141,479, 501123,211,40184,000, 888

248,556,169705,157, 500526,258,383273,953, 53653,404,890

294,583,37080,100, 443

184,139,33317,278,75560,379, 525

516,449,08025,374, 895

1,795,803,36488,454,680

Dividends.

$10,507,830111,127

3,365,8447,708, 327

134,392,93119,540,16281,612,05710,912, 70419,560, 45612,676,66320,574,16814,294, 7933,101, 298

195,111,15535,277, 90628,304, 02515,133,15523,042,40421,733,61517,123.83147,464,683

222,423, 50999,940, 40350,332,0135,616,042

71,672, 8645,150, 224

13,949, 759783, 682

15,449, 742101,302,111

1,778,195631,956,07523,481,369

Interest onGovern-

ment obli-gations. 1

$206,3683,166

53. 960212', 535

3,495, 423380, 872

1,161, 22079, 976

395, 333371,466342, 08582,32418,402

7,476,961847,516788, 775357,490599, 629

1,317,711184,534

1,041,0375,834, 8331,715,062

807,741163, 283

1,310,179144,043252, 526

23, 827110,079

2,435,46845, 672

14,735,805317,378

Net incomesubject to

normal tax.

$46,561,2455,433, 282

19,314,73334,983,928

517,002, 82262,307,202

120,201, 06811,575,23477,668, 20149,575,22665,901,52616,211,00416,947,515

649,191,509180,090, 786267,311,14298,714,13978,757, 69690,846,41842,146, 292

185,133, 559434,990, 806267,765,390128,118,95124,770,137

180,563, 76523,953,484

108,021,0887,251,670

24,492,193357,666, 968

9,724, 3581,588,128,452

51.546,410

Normal tax.

$2,787,226239, 746

1,029,9061,969,059

28,741,8873,570, 3977,188, 945

823, 2694,186, 2892,854, 3214,080,186

969, 953923, 381

38,915, 4629,671, 854

14,100, 7625,723, 5164,511,2695,266, 5302,401,968

10,459, 84126,451,18215,611,2637,520, 4121,491,293

10,835, 7521,336,3565,987, 862

357, 8641,495, 352

20,317,226507,593

99,279,6063,185,443

Surtax.

$1,695,5798,859

295, 9991,299,391

21,705, 6183,196, 5038,585, 6531,298, 7564,350,3432,388,3843,617,5073,105, 586

163,23346,493, 7416,108, 2704,676, 2282,627, 8772.780, 8294,360, 0612, 490, 451

10,729,39242,917, 81224,881, 9987,649, 4571,003,914

11,041,949696, 834

2,375,44332, 213

1,225, 44122,95S, 251

104,980187,327,674

6,435,232

Total tax.

Amount.

$4,482,805248, 605

1,325,9053,268, 450

50,447, 5056,766, 900

15,774,5982,122, 0258,536, 6325,242,7057,697,6934,075, 5391,086, 614

85,409,20315,780,12418,776, 9908,351,3937,292, 0989,626, 5914,892, 419

21,189, 23369,368,99440,493, 26115,169, 8692,495,207

21,877,7012,033,1908,363, 305

390, 0772,720, 793

43,275, 477612, 573

286,607,2809,620,675

Per centof total.

0.42.02.12.30

4.69.63

1.46.20.79.49.72.38.10

7.931.461.74.78.68.90.41

1.966.543.761.40.23

2.02.19.78.04.26

4.03.06

26.67.89

1a02

og

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Page 50: Income 1920

North Dakota..OhioOklahomaOregonPeimsyl vaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginia

•- WashingtonWest VirginiaWisconsinWyoming

24, 209447,90S81, 78567,640672,746.53,12833,04434,67065,054

224, 61730,51019,20592,576148,06796,326150,45224,594

259, 944

0.336.171.13.93

9.26.73.46.4-8.90

3.08.42.261.282.041.332.07.34

100.00

66,188,4341,407,388, 003

295, 790, 791193, 652,281

2,212,178,029180,303,990109,246,657103,578,036212,600,105720.720,16282,278,38959,303,302

273 235,229375.979,893287 729,460436,436, 81063,244,529

23,735,629,183

0.285.931.29.82

9.32.76.46.44.90

3.04.35.25

1.151.581.211.84

45,442,955797,477,862154, 216,712112,127,572

1,202,866,54086,568,70063,491,20565,652,663120,182,996400,922,49556,999,46832,774,478166,724,031234,259,483176,759,859276,457,70541,610, 722

12,834,684,529

3,551, 290197,442, 91816,174, 20412,190, 253

291,025, 77839,628,4129,921,4863,585,03216,341,01944,913,2945,551,0548,590,70023,489,38322,647,41629,320, 03843,708, 9322,379,464

2,735,845,795

33,0753,143,152546,217229, 869

6,339,391407,709161,34077,053258,503748,69264,296160,179639,357362, 495417, 398562, 94325,224

61,549,572

17,161,114409,324, 071124; 853, 65869,104, 587711,946,32053,699,16935,672,62634,263, 28875,817,587274,135,68119,663,57117,'777,94582,382,458118,710,49981,232,165115,707,23019, 229,119

8,103,549,287

928,23024,774, 7437,277,5623,666,07444,633,1003,414,1701,915,8861,823,6414,339,65615,313,5761,105, 0941,020,0664,363,6876,127,8864,629,0507,160, 930

963, 597

478,249,919

177,57131,510,4256,270,6492,982,93774,117,8898,270,9931,320,989404,546

3,225,35310,087,273

401,6871,239,0633,040,5142,966,8783,888,2186,071,601

197,723

596,803,767

1,105,80156,285,16813,548, 2116,649,011

118,750,98911,685,1633,236,8752,228,1877 565,00925,400,8491,506,7812,259,1297,404,2019,094,7648,517,26813,232,5311,161,320

1,075,053,686

0.105.241.26.62

11.051.09.30.21.702.36.14.21.69.85.791.23.11

100.00

1 Interest on Government obligations not wholly exempt from tax.

o

Joo

Oi

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Page 51: Income 1920

TABLE 2. -PERSONAL RETURNS—DISTRIBUTION, BY INCOME CLASSES, FOR THE UNITED STATES; showing for eachclass of income the number of returns, net income, personal exemption, dividends, tax paid, and percentages.

[Income returned for the calendar year ended Dec. 31,1920.1

Income class.

$1,000 to $2,000 2$1,000 to $2,000$2,000 to S3,000 2$2,000 to $3,000$3,000 to $4,000 2$3,000 to $4,000$4,000 to $5,000 2$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to$8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to.$13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,0001 o $70,000$70,000 to $80,000. . .$80,000 to 190,000$90,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000

Number ofreturns.

7611,909

9301,638

37856

1143117711274514029241916134423141584311

,995,955,659,657,564,995,416,141,147,444,511,211,129,984,370,388,089,739,531,729.471

isos,269,785,006,909,356977

2,19159030716616970

Net income.

$1,201,296,2612,848,770,3572,129,193,7204,055,349,648

125,598,7202,941,487,294

50,581,1071,921,940,118

969,504,603726,361,550557,103,872434,462,407380,898,531314,400,337280,196,629242,527,549217,085.265199,128,079765,354,264529,212,663395,807,952543,792,249368,184,912261,433,828194,506,539147,024,770114,818,46792,602,729

265,511,505100,966,28068,307,14145;865,25258,252,65731,060,895

Exemptions from normal tax

Persona 1exemptions.

$1,1,2,2,

1;

561,058,920,895,346,669,890,213,93,504,

758,241,20,703,

889,737,361,206,228,585,149,965,101,737,79,624,58,790,47,971,37,797,31,379,26,489,85,699,45,050,27,164,29,308,15,117,8,613,5,410,3,536,2, 385,1,755,3,724,

966,514,

719163224944684908781327842811534772590816393463422941368205221578152544897853288689543808874

279, 200265,107,

100975

Dividends.

$38,889,38115,318,56658,757,89838,802,44650,217,98157,889,13539,154,60072,935,50885,642,08985,334,73676,168,99571,694,93666,061,09561,234,47357,665,63954,459,35451,288,05947,995,870

204,945,101169,984,024133,778,337201,886,226152,860,997116,740,72090,936,86970,146,31955,581,42944,380,282

143,158,77455,619,12346,828,19527,282,35139,150,94822,099,996

Interest onGovernmentobligations.1

$118.145

4,3,3,22,1>2,2,2,1,6,3,2,4,3 .2',1,1,h

2,

153,115

280,956

565,453780.958542:047168,739052,173646,518761,879721,163036,482079,973307,255566,926780,318942.660201^978075;861057,036705,928067,066020,858569,887821,861892.315687J 785375,407496,264334,297

Normal tax.

$36,859,

45,507,

45,166,

38,329,22,031,18,534,16,617,14,347,13,695,11,874,11,087,9,847,9,011,8,447,

33,495,23 82817,894',24,282,16,224,11,315,8,277,6,340,4,843,4,017,

10,950,3,923,2,449,1,888,2,147,1,311,

732

821

537

579171425190134156098241146825705378602313793352900842791015531766046725716724303

Surtax.

$692,3832,023,1582,886,8393,274,1113,784,4663,872,5964,119,3724,168,8234,244,5614.376,737

22,013,10121,872,13621,310,37238,911,86535,641,58131,875,51228,589', 46025,269,88822,607,10920,580.67175,636;92836,137,72427,930,18020,275,03227,875,29815,709,136

Total tax.

S-3G, 859,732

45,507,821

45,166,537

38,329,57922,723,55420,557,58319,504,02917,621,24517,479,62215,746,69415,206,61314,015,96913,256,38612,824,44255,508,47945,700,73839,204,68563,194,65851,855,93343,191,41236,867,30231,610,67927,450,12424,598,20286,587,69440,060,77030.379,90522;163,74830,023,02217,020,439

Averageamount of taxper individual.

1,1,2,3,6,9,

12,16,20,25,39,67,98,

133,177,243,

$19.30

27.77

52.70

88.90128.28182.83261.76344.09435.59525.17623.99722.92823.94933.43246.51925.95709.19997.64272.33026.42264.57054.18243.45177.28519.71899.61957.35516.55651.02149.13

Averagerate oftax percent.

1.29

1.12

1.54

1.992.342.833.504.064.595.015.435.786.116.447.258.649.90

11.6214.0916.5218.9521.5023.9126.5632.6139.6844.4748.3251.5454,80

I03

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Page 52: Income 1920

$500,000 to $750,000....$750,000 to $1,000,000...$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over

Total.

982519343

4

7,259,944

58,21,21,5,10,9,

29,

23,735,

890,818072,076988,642087,594863,868218,058

919,977

629,183

136,40038,60016,9003,2005,0003,200

6,600

12,834,684,529

44,11,14768,

37

2,735

347,954,797,989,508,336,

021,

845,

149254956220744392

628

795

987,72,144,58,94,172,

208,

61,549

385909853688123071

180

572

1,497,074802,115723,2949,226

420,213245,081

4,359

478,249,919

31,12,13,3,6,5,

19,

596,

267,073,030,046,732,792,

182

803,

938878056350213268

025

767

32,12,13,3,7,6,

19,

* 1,075,

765,875,753,055,152,037,

186,

053,

012993350576426349

384

686

1,1,2,

4,

334,336.86515,039.72723,860.53018,525.33788,106.50012,449.67

796,596.00

148.08

55.6461.1062.5560.0665.8465.49

64.13

4.53

i Interest on Government obligations not wholly exempt from tax. 2 Nontaxable. Personal exemptions and dividends exceed net income.

H

O•SB*

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Page 53: Income 1920

48 STATISTICS OF INCOME.

TABLE 3.—PERSONAL RETURNS—SIMPLE AND CUMULATIVE DIS-TRIBUTION BY INCOME CLASSES.

[Income returned for the calendar year ended Dec. 31,1920.]

Income class.

$1,000 to $2,000$2,000 to $3,000$3,000 to $4,000$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,000$750,000 to $1,000,000....$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over

Returns.

Simple distribution.

Number ineach class.

2,671,9502,569,316

894,559442,557177,147112,44474,51151,21140,12929,98424,37019.38816,08913,73944,53123,72914,47115,8088,2694,7853,0061,9691,356

9772,191

'59030710616970982519343

Per centof total.

Total 7,259,944

36.8035.3912.326.102.441.551.03.71.55.41.34.27.22.19.61.33.20

111.06.04.03.02.01.03. 0081. 0042. 0(123. 0023. 0010.0013.00035. 00027. 00004.00005.00004

Cumulative distribu-tion.

Over theclass below.

7,259,9444,587,9942,018,6781,124,119

681,562504,415391,971317,460266,249226,120196,136171,766152,378

' 136,289122,55078,01954,29039,81924,01115,74210,9577,9515,9824,6263,6491.45S

' 868561395226156583314117

Under theclass above.

.00005

2,671,9505,241,2666,135,8256,578,3826,755,5296,867,9736,942,484.6,993,6957,033,8247,063,8087,088,1787,107,5667,123,6557,137,3947,181,9257,205,6547,220,1257,235,9337,244,2027,248,9877,251,9937,253,9627,255,3187,256,2957,258,4867,259,0767,259,3837,259,5497,259,7187,259,7881, 259,8867,259,9117,259,9307,259,9337,259,9377,259,940

7,259,944

Cumulative percent-ages.

Over theclass below.

100.0063.2027.8115.499.396.955.404.373.663.112.702.362.091.871.681.07. 7 4 *.54.32.21.15.11.08.06.05.02. 0119. 0077.0054.0031.0021.0008. 00045.00018. 00014. 00009

. 00005

100.00

Under theclass above.

36.8072.1984.5190.6193.0594.6095. 6396.3498.8997.3097.6497.9198.1398.3298. 9399.2699.4699.6899.7999. 8599.8999.9299.9499.9599.9899.988199.992399. 994699.996999.997999.999299.9995599.9998299.9998699.9999199.99995

100. 00

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Page 54: Income 1920

STATISTICS OF INCOME. 49

TABLE 3. PERSONAL RETURNS SIMPLE AND CUMULATIVE DIS-TRIBUTION BY INCOME CLASSES—Continued.

Income class.

$1,000 to $2,000.$2,000 to $3,000$3,000 to $4,000$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,000$750,000 to $1,000,000$1,000,000 to $1,500,000...$1,500,000 to $2,000,000...$2,000 000 to $3,000,000...$3,000,000 to $4,000,000...$4,000,000 to $5,000,000...

Simple distribution.

Amount ineach class.

$4 050 066 6186,184,543,3683,067,086,0141,972,521,225

969 504,603726,361,550557 103 872434,462,407380,898,531314,400,337280,196,629242,527,549217,085,265199,128.079765,354,264529,212,663395,807,952543,792,249368,184,912261,433,828194,506,539147,024,770114,818,46792,602,729

265,511,505100,966,28068,307,14145.865,25258,252,65731,060,89558,890,81821,072,07621,988,6425,087,594

10,863,8689,218,058

$5,000,000 and over i 29,919,977

Total ! 23,785,629,183!

Per centof total.

17 0626.0612.928. 314.083.062 351. S31.601.321.181.02.91. 84

3. 222. 231.672.291.5f>1.10. 82. 03.4S. 3')

1. 12. 43. 2;). 19. 25.13.25.09.09. 02. 05. 04

. 13

100.00

Net income.

Cumulative distribution.

Over theclass below.

$23 735 629 18319 685,562,56513,501,019,19710,433,933,1838 461 411 9587,491,907,3556 765 545 805<i'208* 441 9335,773,979,5265,393.080,9955,078,680,6584,798,484,0294,555,956,4804,338,871,2154,139,743,1363,374,388,8722,845,176,2092,449,368,2571.905,576,0081.537,391,0961,275.957,2681,081,450,729

934,425,959819,607,492727,004, 763461,493,258360,526,978292,219,837246,354,585188,101,928157,041,03398.150,21577,078,13955,089,49750,001,90339,138,035

29,919,977

Under theclass above.

$4 050 066 61810,234,609 98613,301,696,00015,274,217,22516 243 721 82816,970,083,37817 527 187 25017 961 649 65718,342,548,18818,656,948,52518,937,145,15419,179,672,70319,396,757,96819,595,886,04720,361,240,31120,890, 452,97421,286,260,92621,830,053,17522,198,238,08722,459,671,91522,654,178,45422,801,203,22422,916,021,69123,008,624,42023,274,135,92523,375,102,20523,443,409,34623,489,274,59823,547,527,25523,578,588,15023,637,478,96823,658,551,04423,680,539,68623,685,627,28023,696,491,14823,705,709,206

23,735,629,183

Cumulative per-centages.

Over

below.

100 0082 9456.8843.9635 6531.5728 5126 1624.3322.7321.4120.2319.2118. 3017.4614. 2412.0110.348.056.505.404.583.953.473.081.961.531.241.05.80.67.42.33.24.22.17

. 13

Under

above.

17 0643.1256.0464.3568 4371.4973 8475.6777.2778.5979.7780.7981.7082.5485.7687.9989.6691.9593.5094.6095.4296.0596.5396.9298. 0498.4798. 7698.9599.2099.3399.5899.6799.7699.7899.8399.87

100.00

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Page 55: Income 1920

50 STATISTICS OF INCOME.

TABLE 3.—PERSONAL RETURNS—SIMPLE AND CUMULATIVEDISTRIBUTION BY INCOME CLASSES—Continued.

Income class.

$1,000 to $2,000$2,000 to $3,000$3,000 to $4,000$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,000$750,000 to $1,000,000$1,000,000 to $1,-500,000...$1,500,000 to $2,000,000...$2,000,000 to $3,000,000..$3,000,000 to $4,000,000...$4,000,000 to $5,000,000$5,000,000 and over

Total

Tax (income tax and surtax).

Simple distribution.

Amount fneach class.

$36,859,73245,507,82145,166,53738,329,57922,723,55420,557,58319,504,02917,621,24517,479,62215,746,69415,206,61314,015,96913,256,38612,824,44255,508,47945,700,73839,204,68563,194,65851,865,933

- 43,191,41236,8(37,30231,610,67927,450,12424,598,20286,587,69440,060,77030,379,90522,163,74830,023,02217,020,43932,765,01212,875,99313,753,3503,055,5767,152,4266,037,349

19,186,384

1,075,053,680

Per centof total.

3.434.234.203.572.111.911.811.641.631.461.421.301.231.195.164.263.655.884.824.033.432.942. 552.298.053.732.832.062.791.583.051.201.28.28.67.56

1.78

100.00

Cumulative distribution.

Over theclass below.

$1,075,053,6861,038,193,954

992,686,133947,519,596909,190,017886,466,463865,908,880846,404,851828,783,606811,303,984795,557,290780,350,677766,334,708753,078,322740,253,880684,745,401639,044,663599,839,978536,645,320484,779,387441,587,975404,720,673373,109,994345,659,870321,061,668234,473,974194,413,204164,033,299141,869,551111,846,52994,826,09062,061,07849,185,08535,431,73532,376,15925,223,733

19,186,384

Under theclass above.

$36,859,73282,367,553

127,534,090165,863,669188,587,223209,144,806228,648,835246,270,080263,749,702279,496,396294,703,009308,718,978321,975,364334,799,806390,308,285436,009,023475,213,708538,408,366590,274,299633,465,711670,333,013701,943,692729,393,816753,992,018840,579,712880,640,482911,020.387933,184,135963,207,157980,227,596

1,012,992,6081,025,868,6011,039,621,9511,042,677,5271,049,829,9531,055,867,302

1,075,053,686

Cumulative per-centages.

Overthe classbelow.

100.0096.5792.3488.1484.5782.4680.5578.7477.1075.4774.0172.5971.2970.0668.8763.7159.4555.8049.9245.1041.0737.6434.7032.1529.8621.8118.0815.2513.1910.408.825.774.573.293.012.34

1.78

Underthe classabove.

3.437.66

11.8615.4317.5419.4521.2622.9024.5325.9927.4128.7129.9431.1336.2940. 5544.2050.0854.9058.9362.3665.3067.8570.1478.1981.9284.7586.8189.6091.1894.2395.4396.7196.9997.6698.22

100.00

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Page 56: Income 1920

52 STATISTICS OF INCOME.

TABLE 4.—PERSONAL RETURNS—SEX AND FAMILY RELATION.[Income returned for the calendar year ended Dec. 31,1920.]

States and Territories.

Joint return of hus-bands and wives,with or without de-pendent children, in-cluding husbandswhose wives, thoughliving with them,filed separate re-turns.

NumberI of |returns.

Men—Heads of fami-lies.

Net income.Number

ofreturns.

Alabama 30,113Alaska 3,062Arizona 13, <Arkansas 24,336California 199,939Colorado..ConnecticutDelawareDistrict of Columbia..FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowa.KansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginia jWashingtonWest VirginiaWisconsinWyoming

42,68,2939,776

28,19424,55944,3947.406

14,429308, 956106,389102.19765,09842,27931,92724,77569,377

210,462] 48,14881,50915,96690, 88122,66759,3324,69416,669150,1507.512

498,584!27,332113,9931

238,663)50,28930,203347,88121,87820,78021,11536,857115,85816,9069,15748,97658,80151,22784,86611,612!

$106,777,021:6,248,422;40,544,46886,024,445828,808,619147.080,304263,507,42135,312,511

112,656,014197,961,720159,015,40033,504,62742,308,636

1,254,650,113376,951,481437,374,031223,532,069160,061,075104.329,30592,733,529285 825 362871,102,629566,792,849298,925,82956,638,787366, 704, 26263,799,291

218,340,52613,581,02959,750,339621,998,91622,214,214

2,432,064,684111,192,53344,922,063914,369,129204,301,357115,229,590

1,407,825,552100,642,89877,839,38273,999,123146,674,288340,544,03154,904,05436,471,948

177,899,892176,067,372186,612,028296,529,99835,601,228

Total |3,775,261 14,988,746,394

Net income

3,573607

1,1092,163

24,1945,36611,4621,0603,5043,1755,331611

1,28424,14611,72811,1384,7485, 7025,6663,2057, 64623,42721,6917,7372,567

12,6822,92114,384

5512,07619,530

85082,2502,4051,384:

34,780|4,266!4,372|

52,1334,4591,4791,4694,774

12,8301,4971,4005,T"6,8876,4249,5381,104

$9,720,3111,182,7792,957,1845,948,550

73,988,93813,095,96930,846,7093,183,968

10,222,9148,478,436

13,874,0951,828,3453,231,413

84,284,09829,667,05433,853,30814,411,57816,370,11815,372,3768,289,827

25,861,51366,153,90553,816,07823,455,2716,273,971

36,865,6177,562,503

13,957,1931,211,2125,098, 743

60,480,8122,098,059

270,313,0258,866,9073,735,893

92,313,61815,513,86011,052,683

143,241,24111,021,8465,653,3984,847,021

14,634,38433,940,8093,927,7503,633,831

15,975,47717,250,12017,281,38224,847,7832,769,779

474,5741,384,463,654

Women—headsfamilies.

Numberof

returns.

618

324496

8,2051,3742,800267

2,6011,0291,784195224

6,9791,7735,0651,8701,6371,490

9273,341

10,7343,5681,241

6303,877

4951,503

93780

5,794128

29,787558212

6,519j1,306!

866!8,5521,570

247371

1,3763,820

277315

1,3181,504

4041,241

96

Net income.

$1,556,795

132,181

760,6381,376,076

30,593,1953,534,5208,709,118

769,6266,378,9172,775,0373,917,626

947,149528,324

24,016,2984,397,737

10,790,6544,743, 9804, 742,6484,141,8852,160,327

10,667,46627,843,94111,953,0404,259,9081,444,3449,087,3461,073,9543,995,129

198, 3062,057,147

16,928, 767393,547

90,854,1421,700,326

404,19118,297,8154,966,1082,232,558

29,017,9604,249,0571,106,155

961,1443,304,235

10,614,834646,915848,645

3,939,0303,457,1441,266,7453,503,452

250,629

388,364,530

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Page 57: Income 1920

STATISTICS OF INCOME. 53

SHIP—DISTRIBUTION BY STATES, FOR THE UNITED STATES.[Income returns for the calendar year ended Dec. 31,1920.]

All other—Men.

Number Num-of Net income, ber of Net income,

returns. returns

All other—Wo-men.

15,6066,2298,1829,287

127,87119,52046,1565,407

17,23610,51316,9493,8408,308

159,56559,66149,37722,08622,47919,08814,14652,889

111,146111,52955,9787,079

43,50917,66524,5434,426

12,30592,109

322*41113,4877,472

139,73520,56829,403

224,50218,4238.2239,63416,88656,12210,1096,79929,95671,81334,88646,39610,798

$32,013,53111,963,48717,050,07019,264,035

277,408,45340,797,31092,408,13610,296,33438,439,36823,934,61138,796,89112,086,35315,748,492

344,854,133119,856,894107,647,83848,365,21646,982,13344,716,18127.784,577

116', 101,618253,724,229211,010,839104,285,01814,995,41897,807,14833,219,15852,142,3768,422,261

23,102,835196', 263,7808,716,375

812,173,70732,793,99614,810,158

292,783,90752,526,51056,575,520

482,816,46840,695,03318,609,82819,671,14835,746,646129,896,20219,003,16512,973,58259,477,615131,415,25172,233,88889,654,05922,511,682

2,762

7471,493

30;3854,34516,776" 2,23817,2112,4043,4431,348

86536,370

8,99713,5004,584|5,19312,9874,229

12,48238,64118,3496,5691,5299,6881,6446.983

'3643,836j

26,025|536

98,300!3,1251,061

24,7104,5122,43134,2016,1361,9731,8284,5109,4831,5271,3006,6033,9762,8507,754

$4,864,438

Wives makingseparate returnsfrom husbands.

Num- iber of j

returns |Net

Communityproperty.

Num-ber of I

returns;Net

1,463,3384,012,833

75,674,39710,681,21841,486,390

4,606,46034,367,7255,316,981;7,207,321i5,201,3071,621,900

86,729,60318,866,20031,805,829]10,068,901!

10,805,880!8,349,504j9,572,0581

32,085,786J104,620,92537,382,152115,212,44913,255,682!

25,310,9303,096,215

13,716,746725,8471

8,548,683!60,056,1971

972,9161288,503,188!

6,255,116|1,982,818)

59,598,682;11,694,27016,075,498!

102,755,11517,492.2164,146^ 7783,153,2518,669,263

22,511,4182,884,0323,923,90712,768,7859,461,9486,780,27816,940,3611,671,992

312 $1

372 2338

i,303

!,708189984530,424315113

i, 451,039

869968393 _4351 2265,360,790, 084251562165984103317,381

40|,302 13643587

66234225365189719423443472953565797

30,

,837, 087,091771107863928422236339j383!115!940697625129685|376103

703i.019.280.706'.1201.875.0731.736L899792j.1551.033950 .959 .311!.852|

272

1,076

532

$1,836,697

9,081,885

Grand total.

3,328,934'

7,789! 57,858,791

332

871,380;

2,324,976

6S6| I I I I I I I | I I I I I I Z I Z I ~ I432j j093940116349289

25,607 178,776,409

4,357 33,575,908

Numberof

returns.

52,9849,899

24,81238,113

396,97374,198

148,19518,93769,73042,210|73.3251?'71525,755

542,467189,587183,39899,25578,25869,340!47,717148,000401.770!305', 075'154,118:28 022162,19945,55797,72910.381!35;983i

296,989!13,656!

,047,634!47, 342!24,2091

447,99881,78567,640

672,74653,12833,04434,67065,054224,61730,51019,20592,576148,06796.326150,45224,594

Net income.

$15619!67;

118'1,329:

219!45i;55.

208'141;228.55:67:

1,836;556.631,306,243.237,143,482,

1,368.895,453;83;

548:109:306:25,

IOO;977:36;

4,030;163.66;

1,407;295;193:

2,212:180:109;103,212,720,82,59,

273,375,287.436:63:

,604,933,400,775,280,486,060,710, 006,594,277,184,737,702,633,321,388,174,105,124,619,716,572,896,391,639,956,942,061,991,560,789,413,429,879,230,109,145,455,545,195,448,406,648,679,238,212,241,954,352,130,178,348,194,362,706,337,934,431,539.853,627,923,120623,696799,837,188,434,388,003,790,791652,281,178,029,303,990,246,657,578,036,600,105,720,162, 278,389,303,302,235,229,979,893,729,460,436,810,244,529

2,256,565 4,886,603,493 503,690 1,264,955,7271 77,558 534,840,405 40,115 287,654,980 7,259,944 23,735,629,183

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Page 58: Income 1920

54 STATISTICS OF INCOME.

TABLE 5.—PERSONAL, RETURNS—SEX AND FAMILY RELATIONSHIP

[Income returned for the calendar year ended Dec. 31, 1920.]

Income class.

$1,000 to $2,000i$1,000 to 82,000$2,000 to 13,0001$2,000 to $3,000$3,000 to $4,000i$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to 125,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,000$750,000 to $1,000,000...$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Joint returns of hus-bands and wives,with or without de-pendent children, in-cluding husbandswhose wives, thoughliving with them,filed separatereturns.

Men—heads of fami-lies.

Number! Numberof | Net income. of

returns, j returns.

360,74413,887

849,115005,36728,044674,1826,561

342,879134,86283,81354,36536,55528,78821,20217,24813,60411,2759,60630,85816,2479,67910,6485,4783,1721.98T1,31'885658

1,372366183100934151168213

Total 3,775,261

$609,081,99321,383,524

1,944,925,5792,554,890,564

92,857,2522,315,763,942

29,032,8471,528,243,891

737,504,257541,134,595406,347,352310,142,598273,286,998222,303,211198,304,563170, 231,561152,153,029139,188,741529,782,702362,341,733264, 706,373366,015,795244,032,925173,245,798128,169,79998,475,30274, 962,24862,228,462

165,304,73762,726,057!40,796, 85727, 732,06631,758,79218,152,32830,852,01613,605,6079.142,738i(*)(2

231,964489

58,57681,4471,313

39,283427

21,00111,2596,6924,4723,1432,3971,7381,4541,135

919719

2,4371,203

76072236821312482653689201532321

()37,937,562

.8,746,394

Net income

$365,366,217833,570

130,851, 291203,724,5244,382,081

134,611,1741,941,74793,834,36561,485,94043,279,47933,464,65226,654,06322,733,25118,216,45016,757,05514,216,98212,417,10910,426,03942,010,40926.757,11820,780,40724,781,19916,379,10911,658,8198,016,6196,119,5085,518,8813,403,96410,810,8983,377,0463,267,287869,485747,794

1,311,4781,175,284(2)

2,282,360

474,574 1,384,463,654

Women—heads offamilies.

Numberof

returns.Net income.

79,446 $113,137

9,50214,8821,196

10,007413

4,4882,6181,9811,3611,062

74855953833932523683746828627816090643230205011843

132,181

488,242391,118367, 395136,706151,249347,622814,678833, 871250,681769,772179,608026,070110,991874,261167,302229,429377,717418,994350,097447,647840,583625,028147,274942,937152,684364,000531,032894,295109,519954,745729,482136,844028,562

1,174,095

388,364,530

iNontaxable. Personal exemption and dividends exceed net income.

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Page 59: Income 1920

STATISTICS OF INCOME. 55

-DISTRIBUTION BY INCOME CLASSES, FOR THE UNITED STATES.

[Income returned for the calendar year ended Dec. 31,1920.]

All other—Men.

! Numberi o:

| returns.

; 481,531

4470

295̂

4014g6)432,21,1.h4,2.

I!1;

2,256,

Net income.

5131441J278465137008919861329779

1

762!836!69481126891854839940237762567393051034923915311329678512443161757

2

1

565 4

$60,606,299

All other—Wo-men.

Num-ber of

returns

37,513319,425,884 342', 96811,140,187

09;' 983.3267,284,320

323,142,7964,095,172

182,315,09378,131,63363,257,56450,624, 49441.024,36035;071,19729,455, 87326,065,57723.948,23620;879,22620 289 S8K75;708,53553,026.06644,432'. 77257,784;75241,325.66227.828', 05122', 640,18517,785,80012,926,74610,897,47237,087,49313,285,89311,236;6916,546,261

14,720,3267,059,409

10,640,8784,128,7127,891,476

( 2 )

( 2 )

12,909,188

886,603,493

6,93550,5422,760

20,3961,951

10,3405,6564,3463,0372,3201,9171,5231,1371,006

846763

2,5141,455

8871,099

58136918613911167

181

I1820

815

1

1

503,690

Net income.

$47,299,288475,640,10916,617,147

119,678,0239,619,057

70,134,7128,695,814

45,972,16231,062,98228,132,02922,745,15819,668, 89418,187,00715,972', 91213,069,34712;597.93411,404;13111,056,35043,352,58432,522.12624,261; 70537,810', 18625,782,95820,192,41112,040,96310,388,1039,441,0786,343,616

21,584,7149; 937,4165,393,7494,907,4477,046,5523,653,1788,619,962

(2)

( 2 )

4,123,923

1,264,955,727

Wives makingseparate returnsfrom husbands.

Num-ber of

returns

3,20,

1,11,

1,7,1,5,4,3;2,1,1,1,1,

2,1,

77,

57254772508584876810140C2440524078164892320178297526661703288509765523082431349168

17451241382

1132

558

Net

income.

$5,125,25830,294,2074,242,187

27,181,9616,462,317

27,204,9234,809,994

24,218,55124,188,57419,750,91218,006,45315,425,31714,130,2593 2,949,96711,702,23410,350,65610,131,1919,657,705

37,542', 44229,596;73123,151,88433,560,47024,605,92816,850.57715,732; 7039,973,5517,692,4356,429,450

20,976,0528; 608,6545,483,0753,541,2692,950, 631

884, 5026,428,5832,576,0142,422,788

534,840,405

Communitypropertyincome.

Num-ber of

returns

243486

224,680

26610,351

446.1724; 1792,7882,1071,4791,096

919708557424350

1,3136513844122001235726211529624

1

40,115

m Net

income.

$328,964801,49,

12,754,842,

945934

Grand total.

Numbeiof

returns.

761 9951,909,955

930544i 1,638'444

36,282,125190,

27,52222,880;18,037,15,736,12,521,10,378,9,627,8.130,6'. 9525; 722',5.090,

22;607,14,521,10,634;14,214,8,911,6,715,3,753,1,918,1,746,1.405,3; 638,1,076,

400,

2,261,

287,654,

855185536199155105828663551751862362495242228819056235586506047470092469000

727

980

37,856,

11,431,177,112,

659657564995416141

Net income.

$1224

2

1147 j

44-174,51151,4029,24;19,16,13,44,23,14,15,

211129-984i370!388!089739!5311729471808

8,26943 '1,1

2,

7,259,

78500696935697719 LI59030716616970982519

343

4

944 23 ,

201,296848,770129,193055,349125,598941,48750,581

921,940969,504726,361557,103434,462380,898314,400280,196242,527217,085199,128765,354529,212395,807543,792368,184261,433

,261357720648720294107118603550872407531337629549265079264663952249912828

194,506,539147,024 770114,818; 46792,602

265,511100,96668,307,45,865,58,252,31,060,58,890,21,072,

729505280141252657895818076

21,988,6425,087,594

10,863, 8689,218,058

29,919,977

735,629,

. . .

183

2 Classes grouped to conceal net income and identity of taxpayer.

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Page 60: Income 1920

TABLE 6.—PERSONAL RETURNS—DISTRIBUTION OF INCOME, BY SOURCES AND BY STATES, FOR THE UNITEDSTATES.

cmC5

[Income returned for the calendar year ended Dec. 31,1920.]

States and Territor- Numberof

returns.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentucky [Louisiana IMaine \MarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth Dakota

Wages andsalaries.

52,9,

24,38,

396',74,

42,73,13,25,

542,189.183,99,78,09,47,148,401,305,154,28'162!45,97,10,35,

296,13,

1,047,47,24.

9841899!812 j113;973!19SJ195|937;730210325715;755'467j 1,587 j398255258340|717000770075118022199557729381983989656634342209

§49,325,12315,673,32851,426,20871,770,098

744,656,739139,142,029297,512,85846,174,213141,011,15482,182,763

162,984,24935,347,82543,005,928

,233,231,00838 L, 193,796269,493,186139,495,143151,768,610155,870,00395,310,874

310,954,143898,033,801637,394,535262,180,71156,906,709

363,680, 56089,909,998145,482,94518,837,72466,097,963

687,490,91425,804,416

,605,083,882105,313,77338,768,654

Business.

$12,051,3924,373,6635,904,676

18,195, 646237,429,15433,454,31442,122,3424,751,495

20,089,66424,848,27625,057,0384,424,127

12,622,588255,696,94084,141,255

141,081,20790,836,90035,542,23629,160,00518,751,06957,017,082

164,116,90292,431,05082,278,73412,998,27969,792,3198,571,382

77,217,0173,810,307

11,0591788111, 123, r ~

5,305, i459,654,62820,134,04215,971,960

Partner-ships andpersonal

service cor-porations.

Profits fromsales of real

estate,stocks,bonds, etc.

$10,640,817502,095

2,848,48012,568,67295,777,91111,048,55920,420,4261,895,5559,846,26111,210,33717,243,1902,326,1264,433,769

113,310,34631,886,06434,812,95'23,698,90922,275,76123,197,4127,295,00335,268,99193,464,47943,507,56227,385,8298,341,643

36,923,1422,988,33614,459,4591,192,9635,250,927

52,462,6472,169,786

427,299,02512,269,9356,632,944

$4,709,76519,746

2,698,0296,786,375

79,445,92811,776,84211,374,0832,456,8534,932, 5609,274,4797,700, 8741,866,2364,133,055

69,393,59319,840,907

158,027,63722,602,93916,791,21111,039,1063,531,717

13,146,47026,135,98131,654,57824,447,6854,443,904

21,434,9891,355,921

46,401,264700,714

1,855,75027,796,9081,381,086

87,888,15112,605,9542,809,167

Rents androvalties. Dividends.

$9,184,978188,497

2,980,0287,494,227

83,598,51310,519,33816,823,8611,741,416

10.578,9277,519,300

12,546,6711,705,1832,693,894

95.605,92827,636,75932,195,10731,724,93710,217,824]13,412,2533,679,505

16,602,66731,566,72036,189,91915,328,4963,956,064

28,048', 2343,702,865

19,253,620647,228

2,901,28431,196,6751,387,183

140,304,1617,250,7572,750,606

$10,507,830111,127

3,365,8447,708,327

134,392,93119,540,16281,612,05710,912,70419,560,45612,676,66320,574,16814,294,7933,101,298

195,111,15535,277,90628,304,02515,133.15523,042140421,733,61517,123, 83147,464,683

222,423,50999,940,40350,332,0135,616,042

71,672,8645,150,224

13,949,759783,682

15,449,742101,302,111

1,778,195631,956,075

23,481,3693,551,290

Interest andinvestment

income.

Intereston Gov-ernmento bliga-

tions notwhollyexempt

from tax.

$75,473,142,

3,972,5,189,

106,330,16,194,35,194,

4,299,19,407,9,646,

10,147,1,669,4,283,

102,290,16,881,37,659,13,051,9,947,

11,946,12,398,47,065,93,426,54,230,41,209,

4,780,32,415,

5,501,19,840,

961,5, 567,

77,317,1,781,

372,459,6,241,4,936,

290 $266,368798 3,166746 53,9605901 212,535

Total income.

3,495,423380, 872

870 1,161,22079,976

395,333371,466342,08582,32418,402

394! 7,476,961705! 847,516009 788,775620s 357,490575j 599.629!1591 1,317,711372| 184,534

1,041,0375,834, 8331,715,062

807,741163,283

1,310,179144,043252, 52623,827

110,0792,435,468

45,672868 14,735,805149 317,3785161 33,075!

$172,159,56321,014,42073,249,971

129,925,4701,485,127,380

242,056,901506,221,71772,312,059

225,821,767157,729,889256,595,83761,715,66974,291,947

2,072,116,325597,705,908702,361,903336,901,093270,185,250267,676,264158,274,905528,560,461

1,535,002,761997,063,738503,970,21997,206,372

625,278,130117,323,774336,857,40326,958,438

108,292,9551,091,626,057

39,653, 8854,^39,381,595

187,614,35775,454,2121

Generaldeductions.

$15,554,6301,613,6455,969,485

11,864,760156,120,78622,779,71754,484,01516,678,73817,433,59316,624,76527,976,1216,142,7736,900,308

235,159,38341,643,91770,801,11430,487,66426,306,02030,567,11914,819,36046,365,013

166,596,113101,384,50050,757,97813,252,02077,147,9527,975,580

30,494,6971,620,5047,861,416

113,772,4302,730,765

708,757,89923,814,5209,265,778

Net income.

$156,19,67,

118,1,329,

219,451,

55,208,141,228,

55,67,

1,836,556,631,306,243,237,143,482,

1,368,895,453,

83,548,109,306,

25.ioo;977,

36,4,030,

163,66;

604,933400,775280,486060,710006,594277,184737,702633,321388,174105,124619,716572,896391,639956,942061,991560,789413,429879,230109,145455,545195,448406,648679,238212,241954,352130,178348,194362,706337,934431,539853,627923,120623,696799,837188,434

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Ohio ,OklahomaOregonPennsylvania..Rhode Island..South CarolinaSouth Dakota.Tennessee ,TexasUtahVermontVirginiaWashington...West Virginia.WisconsinWyoming

Total

447,998'81,78567,640!

672,746!53,128!33,044i34,670165,054:

224,617^30,51019, 205,92, 576148,06796,326

150,45224,594

993,161,126,

,493,113,69,40,

149,382,

64,34,

195,276,209,290,

51,

537,390022,550241,124200,436730,210!166,909'286,7881636,904779,595404,594:879,3341160,841;406,642877,1841502,783024,207

148,100,958'49,366,210;32,498,524257.665,24315^179,35316,589,40034,422,71525,662,5541136,152,188!9,637,429!9,026,57034,085,69848,893,53527,286,97063,242,5145,728,474

76,290,98527,462,92514,295,693167,245,9129,315,7817,631,5116,501,28919,304,84375,467,7793,310,6355,142,04213,015,07313,208,45215,333,46018,837,3792,009,355

7,259,944J15,270,373,354 3,205,555,387,1,701,229,432 1,020,542,719 1,047,423,738

40,273,869!25,526,2465,087,675

46,577,2952,342,4738,850^ 790

20,542,3456,406,190|56,227,080!1,237,4001,134,1979,708, 9878,494,43814,443,66419,198, 8512,030, 762

58,615,03641,410,5267,063,62863,388,7215,504,2005,537,2494,857,0726,068,473

79,464,2651,947,7161,348,450

12,408, 26514,433,7019,794,535

10,368, 8532,079,423

197,442,91816,174,20412,190,253

291,025,77839,628,412

9,921,4863,585,032

16,341,01944,913,2945,551,0548,590,700

23,489,38322,647,41629,320,03843,708,9322,379,464

2,735,845,795

47.039,478!12/J04,15410,192,109

155,296,13214,799,99917,213,9196,454,0169,806, 25446,404,2452,870, 5364,765,12810,620,52115,921,1608,901,85126,795,1872,442.053

3,143,152546,217229,869

6,339,391407,709161,34077,053

258, 503748,69264,296160,179639,357362,495417,398562,94325,224

1,565334,207

2,480,200125,116233822896529940031547367

>, 343,786:, 473,032, 798,875', 738,9081,908,137>, 072,604>, 726,310!, 484,740' 157,138>,023,660>, 046,600>, 128,1251,367, ~~~>, 375.1001,217,442',718,962

1,647,749,856 61,549,572 26,690,269,853

157,9.5.5,783138,682,24114,146,594

268,560,87920,604,14715,825,94713,148,27420,884,635101,436,9766,745,2715,743,29825,892,89624,387,94627,645,64036,780,6324,474,433

1,407,295,193,

2,212,180,109,103,212,720,

82.59'

27£375!287:436:

63:

388,003790,791652,281178,029303,990246,657578,036600,105720,162278,389303,302235,229979,893729,460436,810244,529

2,954,640,670 23,735,629,183

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TABLE 7.—PERSONAL RETURNS—DISTRIBUTION OF INCOME, BY SOURCES AND BY INCOME CLASSES, FOR THEUNITED STATES.

CO

[Income returned for the calendar year ended Dec. 31, 1920.]

Income class.

$1,000 to $2,000 *$1,000 to $2,000$2,000 to $3,000 l

$2,000 to $3,000$3,000 to $4,0CK)i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000812,000 to $13,000....$13,000 to $.14,000$14,000 to $15,000... .$15,000 to $20,000120,000 to $25,000$25,000to $30,000....$30,000 to $40.000....$40,000 to $50,000....$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000... .$90,000 to $100,000...$100,000 to $150,000..$150,000 to $200,000..$200,000 to $250,000..$250,000 to $300,000..$300,000 to $400,000..$400,000 to $500,000..

Numberof

returns.

761,9951,909,955

930,6591,638,657

37,564856,995

11,416431,141177,147112,44474,51151,21140,12929,98424,37019,38816,08913,73944,53123,72914,47115,8088,2694,7853,0061,9691,356

9772,191

59030716616970

Wages andsalaries. Business.

Partner-ships andpersonal

service cor-porations.

Profits fromsales of realestate,stocks,bonds, etc.

I

Rents androyalties.

$916,588,822;2,593,086,255j1,777,236,7583,326,836,724

57,621,8232,084,741,232

10,013,1811,136,732,900

504,471,848j346,124,669267,487,882200,888,669175,740,874U4,015,884126,127,505107,397,06094,587,73386,655,560

317,616,203209,338,937150,585,852191,308,212118,682,30677,891,56454,507,94139,396,40928,318,77321,259,96152,260,87517,309,5939,541,1956,466,9087,149,8173,092,788

$189,119,68388,380,258

224,503,086393,543,39517,343,914

473,542,128801,678

420,252,018230,893,904173,099,327119,471,73087,394,62671,813,48460,925,85349,521,34340,310,79538,789,36230,763,807

115,513,69771,681,06652,367,02265,456,21842,348,81828,972,55918,573,19915,105,83111,559,01410,836,36923,113,10912,406,3416,917,0262,688,2094,446,7552,426,413

$23,049,75636,111,880)34,880,316196,219,17512,627,265

124,912,6491,710,145

119,818,91187,251,74172,804, 34759,458,19250,196.61445,679;59838,682,35835,636,97132,414,17929,890,03926,626,147

113,538,10885,187,10364,771,53896,273,09069,209,67253,541,37941,711,20434,840,43627,059,94622,895,21571,730,05122,852,25816,021,13416,719,45814,803,32710,787,7231

$20,602,169!20,467,012122,592,74568,453,9903,326,220

128,490,2501,363,544

131,253,50090,079,64767,040,89750,903,11740,976,62336,257,83029,068,07626,741,49222,430,5811IS, 611,102!18,510,40160,154,484134,654,61624,039,54130,552,39418,411,68910,975,8498,418,3115,635,9864,012,4863,308,6748,252,1613,091,5442,328,779

503,4492,345,950

454,031

Dividends.

$78,426, S2959,712,404158,226,425

152,017,9467,271,328

129,748,4562,766,182

107,375,95953,861,62250,085,86431,316,89324,543.73023,740,46717,080,8C14,871,90013,155,92911,750,24210,514,56439,905,18628,117,64019,684,40126,301,76216,938,35113,699,3269,418,2975,663,8805,229,5083,932,187

12,977,6015,297,2031,965,3482,779,5722,537,404

372,776

Interest andinvestment

income.

$38,889,38115,318,56658,757,89S38,802,44650,217,98157,889,13539,154,60072,935,50885,642,08985,334,73676,168,99571,694,93666,061,09561,234,47357,6<55,63954,459,35451,288,05947,995,870

204,945,101169,984,024133,778,337201,886,226152.860,997116;740,72090,936,86970,146,31955,581,42944,380,282

143,158,77455,619,12346,828,19527,282,35139,150,94822,099,996,

Intereston Gov-ernmentobliga-tions notwhollyexempt

from tax.

$70,716,267127,053,493!67,550,860j

209,353,177113,189,595

178,130,9478,362,067

125,499,88478,890,39858,108,12245,089,86337,258,90433,129,98828,454,12525,206,72022,910,58921,598,06119,967,269!79,425', 24656,954,71841,799,34561,996,24241,974,51132,488,73823,616,38717,753,93513,553,83811,327,23633,260,51014,397,6588,966,5125,487,1298,248,5565,447,8011

$118,14,r

""153,115

"" 280,' 956

565,4534,780,9583,542,0473,168,7392,052,1732,646,5181,761,8792,721,1632,036,4822,079,973l,307,25.r

6,566,9263,780,3182,942,6604,201,9783,075,8612,057,0361,705,9281,067,0661,020,858

569,8872,821,861

892,315687,785375,407496,264334,297

Total income.General

deductions.

1,337,392,907>, 940,248,013>, 243, 748,0881.285, 379, 668

151,598,126\, 177,735,753

64,171,3971,114,434,133L, 135,872,207

856,140,009653,155,411515,006,275455,069,854381,223,515338,492,733295,114,969268,601,171242,340,873937,664,951659,698,422489,968,696677,976,122463,502,205336,367,171;248,888,136!189,609,862146,335,852118,509,811347,574,942131,866,03593,255,97462,302,48379,179,02145,015,825!

$136,096,646 $191,477,656

114,554,368230,030,32025,999,406

236,248,45913,590,290

192,494,015166,367,604129,778,45996,051,53980,543,86874,171,32366,823,17858,296,10452,587,42051,515,90643,212,794

172,310,687130,485,75994,160,744!

134,183,873!95,317,293j74,933,34354,381,59742,585,09231,517,38525,907,08282,063,43730,899,75524,948,83316,437,23120,926,36413,954,930

Net income.

,201,296,, 848,770', 129,193!, 055,349!125,598!

,941,487!50,581,

,921,940!969,504,726,361!557,103,434,462!380,898!314,400,280,196,242,527,217,085,199,128,765,354,529,212,395,807,543,792,368,184,261,433,194,506,147,024,114,818,92,602,

265,511,100,966,68,307,45,865,58,252,31,060,

261357

,720,648,720294107118603550,872,407.531337629,549265079264663952249912828539770467729505280141252657895

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$500,000 to $750,000..$750,000 to $1,000,000.$1,000,000 to $1,500,000$1,500,000 to$2,000,000$2,000,000 to$3,000,000$3,000,000 to$4,000,000$4,000,000 to$5,000,000$5,000,000 and over. .

Total

4,976,613664,486

2,768,80345,418

152,304

683,017

3,296,6672,336,9291,956,829

6,855

3,076,070

9,532,8775,899,6415,262,808101,460505,08015,641

1,408,630177,703652,147

2,926,500

978,599'

1,498,3302,388,085

99,75240,130

1,982,451178

120,763

44,347,14911,954,25414,797,9567,989,2206,508,7448,336,392

37,021,628

7,259,944 15,270,373,354 3,205,555,387|1,701,229,4321,020,542,719 1,047,423,738 2,735,845,795 1,647,749,856 61,549,572 26,690,269,853 2,954,640,670 23,735,629,183

9,716,4912,622,6991,400,643910,100

1,883,1821,604,464

2,442,986

987,38572,969144,85358,68894,123172,071

208,180

75,764,14226,116,76627,083,7919,151,87113,900,08013,357,120

41,455,173

16,873,3245,044,6905,095,1494,064,2773,036,2124,139,062

11,535,196

58,890,81821,072,07621,988,6425,087,59410,863,8689,218,058

29,919,977

i Nontaxable. Personal exemption and dividends exceed net income.

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TABLE 8.—CORPORATION RETURNS—DISTRIBUTION BY STATES FOR THE UNITED STATES.[Income returned for the calendar year ended Dec. 31, 1920.]

O

States andTerritories.

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of Co-

lumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusetts..MichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew Jersey

Totalnum-ber ofcor-pora-tions.

3,19869

1,5312,317

14,8656,8124,665

809

1,1833,2294,500

5341,771

21,1279,2758,8994,6584,8044,3652,8304,662

14,15010,8729,3151,573

13,4283,5714,8731,193

9949,896

Corporations reporting net income.

Number

report-ing

net in-come.

1,96732

5421,5137,8722,9762,966

401

6591,8422,827

368893

13,4135,8855,4973,2023,0792,4411,7373,0128,1426,7045,8211,0158,4311,5863,113

338682

5,875

Percentof

totalnum-berin

eachState.

61.5146.3835.4065.3052.9643.6963.5849.57

57.1657.0562.8268.9150.4263.4963.4561.7768.7464.0955.9261.3864.6157.5461.6662.4964.5362.7944.4163.8828.3368.6159.37

Gross income

$479,492,5459,872,867

93,819,603291,992,602

3,227,188,188870,395,990

1,461,129,326329,059,961

225,380,949297,169,272862,291,616235,457,131128,387,434

9,334,087,2161,728,056,078

956,667,0621,111,082,200

832,738,581820,556,035540,634,952941,296,390

4,874,334,6653,645,254,2362,233,521,506

207,688,9463,365,585,313

160,983,049602,409,99229,808,766

214,581,4503,418,065,435

Deductions.

$440,489,1439,348,683

87,131,718272,287,967

2,944,363,135804,361,156

1,361,135,831303,832,536

201,014,376274,752,149800,573,164177,172,471118,603,529

8,656,906,9421,599,891,865

896,721,3441,006,481,468

757,869,502753 264,396496,799,284864,394,371

4,471,807,1543,243,208,8512,085,047,535

190,314,8913,139,282,813

149,451,326570,718,99727,776,686

197,519,6003,227,279,840

Net income.

$39,003,402524,184

6,687,88519,704,635

282,825,05366,034,83499,993,49525,227,425

24,366,57322,417,12361,718,45258,284,6609,783,905

677,180,274128,164,21359,945,718

104,600, 73274,869,07967,291,63943,835,66876,902,019

402,527,511402,047,385148,473,97117,374,055

226,302,50011,531,72331,690,9952,032,080

17,061,850190,785,595

Incometax.

§2,986,98543,303

504,9531,487,810

22,169,4855,135,5658,099,3962,265,736

1,988,1771,703,2174,748,9744,242,650

740,06155,817,8869,809,9244,422,4318,962,1885,762,0905,170,9353,529,9596,414,014

32,660,52932,182, 83710,725,6531,350,204

17,770,432866,056

2,495,911150,371

1,332,47314,875,307

Warprofits

andexcess-profits

tax.

$5,196,89625,085

560,2122,103,079

37,404,5307,666,301

10,265,3331,397,267

1,688,4922,215,8398,755,364

14,986,095637,861

93,230,71217,653,4664,992,1367,675,582

11,203,14910,256,6725,278, 8157,465,473

55,186,54470,437,94812,612,8361,930,725

30,379,442377,915

2,718,13082,095

1,975,48618,425,813

Total tax.

$8,183,88168,388

1,065,1653,590,889

59,574,01512,801,86618,364,7293,663,003

3,676,6693,919,056

13,504,33819,228,7451,377,922

149,048,59827,463,3909,414,567

16,637,77016,965,23915,427,6078,808,774

13,879,48787,847,073

102,620,78523,338,4893,280,929

48,149,8741,243,9715,214,041

232,4663,307,959

33,301,120

Percentof

totaltax.

0.50.01.07.22

3.67.79

1.13.23

.23

.24

.831.18.08

9.171.69.58

1.021.04.95.54.85

5.416.311.44.20

2.96.08.32.01.20

2.05

Corporations reporting no net income.

Num-ber

report-ingno

net in-come.

1,23137

989804

6,9933,8361,699

408

4941,3871,673

166878

7,7143,3903,4021,4561,7251,9241,0931,6506,0084,1683,494

5584,9971,9851,760

855312

4,021

Percentof

totalnum-berin

eachState.

38.4953.6264.6034.7047.0456. 3136.4250.43

42.8442.9537.1831.0949.5836. 5136.5538.2331.2635.9144.0838.6235.3942.4638.3437.5135.4737.2155.5936.1271.6731.3940.63

Gross income.

$142,702,4081,014,354

34,214.70990,999; 003

919,731,688173,583,367498,359,48035,035,785

56,250,769111,880,974295,237,06818,593,55455,969,543

2,967,631,391463,026,255409,450,293354,340,288152,151,464302,041,114100,927,621253,929,061

2,164,242,312757,220, 766472,701.05986,484, 733

814,725,61073,215,438

274,138,65716,782,07345,528,821

531,960,098

Deductions.

$152,820,7771,114,629

42,484, 20397,465,238

1,002,619,009191,604,925557,586,83441,152,812

59,886,681120,093,378316,192,67319,703,97661,654,627

3,112,951,477497,993.861435,895,156373,460,386165,017,410328,924,798109,309,788276,694,572

2,363,383,130806,756,132497,477,96694,071,006

866,275,23286,454,114

296,109,79321,663,70248,705,436

618,167,551,

Deficit.

$10,118,369100,275

8,269,4946,466,235

82,887,32118,021,55859,227,3546,117,027

3,635,9128,212,404

20,955,6051,110,4225,685,084

145,320,08634,967,60626,444,86319,120,09812,865,94626,883,6848,382,167

22,765,511199,140,81849,535,36624,776,9077,586,273

51,549,62213,238,67621,971,1364,881,6293,176,615

86,207,453

>

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New MexicoNew YorkNorth Carolina.North Dakota. .OhioOklahomaOregonPennsylvania...Rhode Island...South Carolina.South Dakota. .TennesseeTexasUtahVermontVirginiaWashingtonWest Virginia..WisconsinWyoming

Total UnitedStates

79'55,4954,8122,898

18,8225,5644,588

18,827I , " "3,8742,5644,7428,5713,094

9165,2809,5984,473

11,1981,707

41130,3493,1431,747

12,3023,0042,236

12,0121,1462,2191,5712,7885,1831,420

6203,1844,5222,8676,972

706

345,595 203,233"

51.5754.69 22,65.31 -60.2865.3653.9948.7463.8062.3857.2861.2758.7960.4745.9067.6960.3047.1164.1062.2641.31

49,452,086,479,062,447,137,313,288,735,839,249!472,286!501,290!645,783!468,912!138,806!760,724!262,643243,155141,844052,264038,852,941,311091,83571,844

650694 20,59304799146324'850316915,165888,179,625,862,799497,194,514,859

i. 81 93,824,224,704 85,921,569,891

45,466,668,127,849,9711960,169,824130,445,443

5,728,179,074782,368,569432,764,431

8,529,708,966589,838,866415,570,513131,102,942708,322,601

2,135,096,359227,642,529130,576,069955,911,761959,657,774807,007,165

1,927,897,47666,192,167

3,985,982,958,629,723167102,277, 769

6,867,604560,556,91756,880,89439,521,816

971,581,88455,944,45053,342,4027,703,223

52,402,287127,546,82015,513,09611,268,79396,353,03879,194,723

134,304,029163,938,038

5,652,692

306,396141,669 186,985,041 "383,888865,550569,846941,646

44,1

76^ 272! 216 132',4,558,489 "3,745,390590,505

3,931,82510,386,0351,183,007"""•,556

7,858,9285,""" """10!12!

785,939045,640259,007395,207

15,

11,

188,992051,015985,211347,667397,001984,423561,884498,630065,400935,354452,506751,110878,360324,215219,623351,857533, 868862,425128,390423,127

7,902,654,813 636,508,292 988,726,351 1,625,234,643

495,388353,192,68423,970,252

731,555126,262,5519,554,2698,503,530

208,770,84611,623,88915,680,7441,043,01111,682,93523,264,3952,507,2222,106,17918,210,78515,319,80737,908,06538,387,397

818,334

.0321.731.47.05

7.76.59.52

12.85.72.97.07.72

1.44.15.13

1.12.94

2.332.36.05

100.00

38625,1461,6691,1516,5202,5602,3526,815691

1,655993

1,9543,3881,674296

2,0965,0761,6064,2261,001

142,362

48.4345.3134.6939.7234.6446.0151.2636.2037. 6242.7238.7341.2139.5354.1032.3139.7052.8935.9037.7458.69

18,251,6155,354,318,214190,420,97569,597,256

1,468,065,458289,631,316261,327,802

1,459,076,708299,582, 337156,152, 26456,897,440293,074,748458,323,51381,153,20446,555,183

343,099,638309,880,10899,541,555

420,705,08731,613,368

21,699,0915,825,586,112

205,035,25174,439,044

1,593,049,448316,245,924284,525,639

1,565,729,570327,271,364170,485,56661,369,771

312,456,095513,018,19192,832,78348,870,539

376,105,863348,369,278108,631,955460,169,15441,179,379

41.19 24,381,337,545 26,410,761,289 2,029,423,744

3,447,476471,267,89814,614,2764,841,788

124,983,99026,614,60823,197,837

106,652,86227,689,02714,333,3024,472,331

19,381,34754,694,67811,679,5792,315,356

33,006,22538,489,1709,090,400

39,464,0679,566,011 I

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TABLE 9.—CORPORATION RETURNS—DISTRIBUTION BY INDUSTRIES FOR THE UNITED STATES.[Income returned for the calendar year ended Dec. 31,1920.]

to

SerialNo. Industries.

Totalnumberof cor-pora-tions.

Corporations reporting net income.

Number. Net income. Income tax.War profitsand excessprofits tax.

Total tax.

Corporations reportingno net income.

Number. Deficit.

10

AGRICULTURE AND RELATED INDUSTRIES.

I. Farming:Cotton farmingGrain farmingFruit farmingStock farmingAll other farming

Total farming

II. Related industries:LoggingFishingIce harvestingAll other related industries

Total related industries

Agriculture, n. p. d.,1 or combinations of I and II...

Grand total agriculture and related industries.MINING AND QUARRYING.

I. Mining:Coal miningMetal mining-

IronCopperLead and zincGold, silver, and precious metalsAll other mining

Nonmetal mining-OilGasSalt, mines and other sourcesAll other nonmetal mining

1861

1,054798

5,869

7,800

392198182547

1,319

67

9,186

3,673

111184123521

2,064

416

453183

2,568

$52,35089,736

6,365,4951,994,999

41,736,632

$3,9805,781

456,667166,023

3,035,633

$5,6948,258

1,142,23362,624

7,970,772

$9,67414,039

1,598,900228,647

11,006,405

1445

601615

3,301

3,224 50,239,212 3,668,084 9,189,581 12,857,665 4,576

236100132158

15,947,382784,521

1,705,1112,021,393

1,323,80961,694

140,046165,433

2,200,67622,542

153,137140,273

3,524,48584,236

293,183305,706

156

50389

626 20,458,407 1,690,982 2,516,628 4,207,610

24 782,657 70,195 34,794 104,989

3,874 71,480,276

2,977

63222683

276

2,46219149

3,223

1,03413131825

353,615,466

10,663,1793,415,9445,106,8173,386,714

13,280,719

202,761,0822,873,634

12,778,93157,096,464

5,429,261

26,058,807

931,235291,930453,683290,421

1,076,294

17,667,360250,818

1,110,8754,813,454

11,741,003 17,170,264

80,989,055

1,103,981

300,204228,482

1,362,877

22,293,305158,181

1,497,2546,293,248

107,047,862

2,035,216291,930753,887518,903

2,439,171

39,958,665

2,608,12911,106,702

43

5,312

4816297

4381,788

1,4286018

2,398

$1,453,8321,744,7443,782,581

13,023,59035,793,020

55,797,767

3,169,7493,316,312

155,037Z, 286,181

9,927,279

414,634

66,139,680

7,642,323

1,223,24824,553,8863,893,44712,381,07923,378,396

51,082,887823,484802,624

34,212,812

3

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21 All other mining concerns, n. p. d.,1 combinations and

tributary industries

Total mining

II. Quarrying:22 Stone23 Clay, sand, gravel24 Precious and semiprecious25 All other quarrying, n. p. d.1

Total quarrying

Mining and quarrying combinations, but main businessnot given

Grand total, mining and quarryingMANUFACTURING.

I. Food products, liquors, and tobacco:27 Bread and bakery products and retail sale28 Milling, flour, meal, feed ,

Cereal preparations, etc30 Dairy products and condensed milk31 Butter substitutes32 Chocolate, confectionery, ice cream, etc33 Coffee and spices34 Fish canning and preserving _ = -35 Fruit and vegetable canning and preserving, etc

Meat packing, etc 7 -37 Poultry and eggs, packed

Sugar making and refining, cane and beet39 Ice manufacturing, etc40 Soft drinks, etc41 Breweries and distilleries, etc42 Tobacco43 All other food products

Total food products, liquors, and tobaccoII. Textile and textile products:

Textile fabrics—44 Cotton goods, etc45 Woolen and worsted goods, etc

Silk goods, etc47 Felt goods and products, except hats48 Linen and flax, etc49 All other textile fabrics50 Fur goods and fur products n. p. d.1 etc

Total textile fabrics

1 N. p. d.—Main business not precisely denned.

3,529

16,130

43859911242

1,290

114

17,534

1,1761,825156

2,63330

1,26511925794247015230

1,1531,324571549

1,003

13,718

9494476143720910322

3,299

652

6,120

2713624

117

754

59

6,933

73081565

1,6741767970723672839

108860696234367505

7,551

630223266219

536136

1,821

12,709,337

677,688,287

7,494,1597,469,764

16,3217,719,943

22,700,187

1,685,314

702,073,788

30,157,50222,656,4041,381,01119,547,079

981,48025,206,4242,639,398828,543

11,034,46312,558,341

47,652113,808,19014,749,05613,906,98419,386,42072,595,35343,362,751

404,847,051

176,342,87022,796,15817,595,9672,046,578158,268

86,454,6888,824,993

314,219,522

1,060,970

54,005,847

635,6911,336,398

1 096686,385

2,659,570

134,148

56,799,565

2,508,1991,871,728113,779

1,471,84873,482

1,818,425207,11665,022914,030

1,059,4112,944

8,611,2181,182,8031,112,5021,611,4776.590,6283,287,858

32,502,470

13,445,5221,809,9291,453,480174,40812,025

6,627,032672,770

24,195,166

1,144,470

115,369,057

650,171985,731

555,662

2,191,564

235,786

117,796,407

3,810,0112,333,856

99,1622,652,826212,290

3,549,742435,01449,047

1,256,5321,107,002

2,77226,333,4871,384,5461,694,6161,605,7396,556,0594,952,530

58,035,231

38,284,0753,044,5322,317,281262,88320,914

17,238,0491,823,556

62,991,290

2,205,440

169,374,904

1,285,8622.322,129

1 0961,242,047

4,851,134

369,934

174,595,972

6,318,2104,205,584212,941

4,124,674285,772

5,368,167642,130114,069

2,170,5622,166, 413

5,71634,944,7052,567,3492,807,1183,217,21613,146,6878,240,388

90,537,701

51,729,5974,854,4613,770,761437,29132,939

23,865,0812,496,326

87,186,456

2,877

10,010

1672377

125

536

55

10,601

4461,010

9195913586491855751876

122293628337182498

6,167

3192243481611374186

1,478

12,129,753

172,123,939

1,491,6821,502,798U 8 285844,055

3,956,820

424,317

176,505,076

3,516,49143,153,1091,859,04412,632,502

433,78414,322,6553,297,2498,527,27510,910,97126,438,149

247,54613,188,3572,168,4038,185,28715,100,3532,591,99917,322,270

183,895,444

29,886,91524,964,38514,605,545

430,232559,077

24,195,2133,075,923

| 97,717,290

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TABLE 9.—CORPORATION RETURNS—DISTRIBUTION BY INDUSTRIES FOR THE UNITED STATES—Continued. OS

SerialNo.

51525354

55

56575859606162

6364656667

686970

Industries.

MANUFACTURING—continued.

II. Textile and textile products—Continued.Textile products, other than clothing-

Carpets, rugs, mattings etc..Cordage and twineArtificial leather, oilcloth, linoleum, etc

All other textile products other than clothingTotal textile products, other than clothing

Clothing-Custom-made clothing etcFactory-made clothing-

Men's clothing, suits, overcoatsWomen's clothing, suits, coats, skirtsHats and caps, etcCorsets. .Shirts collars cuffsHosiery and all knit goods.

All other clothing

Total clothing

Total textile and textile products

III. Leather and leather products:Boots, shoes, cut stock, and findings .Gloves . .Saddlery and harness.. . . . .Trunks and valisesAll other leather and leather products

Total leather and leather products

IV. Rubber and rubber goods; also celluloid, ivory, shell, andbone:

Boots, shoes, and garmentsBelting, hose, and tiresCelluloid ivory, shell ,and bone

Totalnumberof cor-pora-tions.

925728

865

1,042

729

4911,451

630103235953

1,188

5,780

10,121

1,04047

122138815

2,162

2616970

Corporations reporting net income. "'

Number.

08406

527

641

466

266747377

78114435600

3,083

5,545

594287986

443

1,230

163245

Net income.

$26,172,0638.860,853'890,017

20,785,502

56,708,435

3,155,004

19,762,2945,756,470

10,712,2563,192,4362,208,999

18,192,77024,704,714

87,684,943

458,612,900

47,610,406456,532

1,756,2811,151,301

10,053,669

61,028,189

1,397,4704,893,0611,739,786

Income tax.

$2,000,252743,55782,655

1,713,290

4,539,754

213,494

1,517,826401,774783,301260,762191,854

1,459,4962,019,038

6,847,545

35,582,465

3,775,19133,590

135,92191,900

784,240

4,820,842

97,205336,329152,275

War profitsand excessprofits tax.

85,842,2861,192,124

47,6552,602,205

9,684,270

339,199

4,094,690554,876

2,043,188444,57393,653

2,622,6533,318,668

13,511,500

86,187,060

8,336,45173,602

254,06485,803

1,240,609

9,990,529

395,26040,00973,357

Total tax.

87,842,5381,935,681

130,3104,315,495

14,224,024

552,693

5,612,516956,650

2,826,489705,335285,507

4,082,1495,337,706

20,359,045

121,769,525

12,111,642107,192389,985177,703

2,024,849

14,811,371

492,465376,338225,632

Corporations reportingno net income.

Number.

241722

338

401

263

22570425325

121518588

2,697

4,576

446194352

372

932

1013725

Deficit.

$741,705352,768

1,620,35811,016,697

13,731,528

1,424,722

6,082,4527,586,8683,640,490

70,4902,477,074

14,380,49719,534,979

55,197,572

166,646,390

21,433,721139,957851,321321,724

81,175,220

103,921,943

419,73915,219,176

143,815

Hin

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71 All other rubber goods

Total rubber and rubber goods..

V. Lumber and wood products:Saw and planing mill products, etcFurniture, all classesAuto, carriage, and wagon bodies and parts, etc..All other lumber and wood products

Total lumber and wood products

VI. Paper, pulp, and products:

All paper, pulp, paper products, etc

Total paper, pulp and products

VII. Printing and publishing:General printing and publishing, etcSpecial processes and tributary industries, etc.

Total printing and publishingVIII. Chemicals and allied substances:Chemicals, proper, acids and other compounds, etc...,.Paints and varnishes, etcOils, vegetable and animal, etcPetroleum and mineral oil refining and productsSoapsFertilizersAll other chemicals and allied substances

Total chemicals and allied substances..IX. Stone, clay, and glass products:

Cut building stone, crushed stone, etcBrick, tile, terra cotta, fire brick, etc ,Glass and glass products-

Glass manufacture, plate or window glass, etcCombinations of stone, clay, and glass manufacture...

Total stone, clay, and glass products.X. Metal manufacture:

Metal products of iron and steel, or iron and steel and othermetals-

Smelting from the ore, crude or refined metal produc-tion, etc

General or stock products or forms made in foundriesor rolling mills, etc

Agricultural machinery, steam appliances, constructionmachinery, etc

Metal working and paper making machinery, heavyordnance, rolling stock, safes, vaults, etc

406

671

3,5821,182368

2,133

7,265

1,693

1,693

7,113975

8,088

908648457390157230

3,036

5,826

1,4741,588

56535

3,662

110

2,719

1,750

801

186

279

2,542922254

1,582

5,300

1,349

1,349

5,537856

6,393

51643815620363107

1,5643,047

1,0771,141

41726

2,661

59

2,091

1,170

585

18,647,659

26,677,976

195,126,67946,950,48516,985,80262,206,613

321,269,579

241,616,315

241,616,315

123,656,15939,503,827

163,159,986————

42,034,24817,371,13415,458,077

245,599,7303,657,1755,480,826

111,768,470441,369,660

33,413,39652,872,798

61,878,9393,007,994

151,173,127

30,229,167

534,538,989

140,214,495

88,826,809

1,732,975

2,318,784

15,797,5843,670,5731,374,3734,768,023

25,610,553

18,475,468

18,475,468

10,199,2193,027,143

13,226,362

4,173,4601,394,5871,272,359

20,847,405315,420494,292

9,335,780

37,833,303

2,836,0264,292,390

5,145,599255,476

12,529,491

2,490,050

45,873,434

12,152,555

7,317,836

921,062

1,429,688

30,704,0308,453,6162,765,77711,425,983

53,349,406

53,826,538

53,826,538

21,409,3967,613,886

29,023,282

5,649,9092,293,6952,548,13733,706,942

317,081391,479

15,422,83060,330,073

2,978,4977,396,680

14,071,477383,479

24,830,133

4,665,479

57,007,191

15,311,787

12,832,478

2,654,037

3,748,472

46.501,61412^124,1894,140,15016,194,006

78,959,959

72,302,006

72,302,006

31,608,61510,641,029

42,249,644

9,823,3693,688,2823,820,49654,554,347

632,501885,771

24,758,610

98,163,376

5,814,52311,689,070

19,217,076. 638,955

37,359,624

7,155,529

102,880,625

27,464,342

20,150,314

220

392

1,040260114551

1,965

344

344

1,576119

1,695

39221030118794123

1,4722,779

397447

1489

1,001

51

628

580

216

15,792,349

31,575,079

15,333,5983,443,8472,017,4116,374,239

27,169,095

4,034,761

4,034,761

12,933,595775,863

13,709,458

7,919,3413,154,24712,455,5274,570,83814,798,18525,788.47827.753,140

96,439,750

2,599,9383,582,445

2,046,33758,467

8,287,187

1,817,304

15,951,185

17,176,824

4,978,579

$HOUl

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TABLE 9.—CORPORATION RETURNS—DISTRIBUTION BY INDUSTRIES FOR THE UNITED STATES—Continued.

SerialNo. Industries.

Totalnumberof cor-pora-tions.

Corporations reporting net income.

Number. Net income. Income tax.War profitsand excessprofits tax.

Total tax.

Corporations reportingno net income.

Number. Deficit.

97

99

100101

102

103

104105106107108

109110

MANUFACTURING—continued.

X. Metal manufacture—Continued.Metal products of iron and steel, etc.—Continued.

General electric machinery, stationary and marineengines, refrigerating machinery, etc ,

Motor vehicles, airplanes, and spare partsBoot and shoe machinery, typewriters and calculating

machines, gas and electrical fixtures, etcMetal furniture, ornamental iron work, sewing ma-

chines, etcFirearms, hardware, cutlery, hand and machine tools,

gauges, etcAll other metal products

Metal products, not iron or steel-Base metals, smelting and refining, etcPrecious metals, smelting, refining, etc

Total, metal manufacture

XI. All other manufacturing concerns:

All other manufacturing, n. p. d.,1 etc

Grand total, manufacturing

CONSTRUCTION.Excavation and construction under or upon the ground (not

buildings), etcJetty, dam, dry-dock, wharf, bulkhead, etcRailroad construction, pure or combinedShipbuilding, pure or combinedBuildings and structures above ground, etcEquipping and installing machinery and equipment, as ele-

vators, carrier systems, etcWrecking, raising, or moving (not marine)All other construction and contractors, n. p. d.1

Grand total, construction ,

703858

816

1,0044,786

711665

15,131

9,834

78,171 49,425 4,116,424,329

1,07715161

3143,165

2,016114

3,062

9,960

416375

506

171

6343,162

475491

$43,914,282225,616,901

40,061,397

6,290,977

53,250,323193,807,502

38,803,87216,092,769

$3,795,59718,037,509

3,265,542

520,288

4,344,90313,616,392

3,430,1081,318,345

$4,728,91142,357,679

5,560,151

737,332

7,454,95622,474,262

2,637,9201,927,089

$8,524,50860,395,188

8,825,693

1,257,620

11,799,85936,090,654

6,068,0283,245,434

287483

310

37

3701,624

236174

10,135 1,411,647,483 116,162,559 177,695,235 293,857, 794

5,935 I 435,022,063 37,044,148 54,156,953 91,201,101 3,8

8036

1722,428

1,61476

1,945

7,010

336,106,445 608,854,128 944,960,573 28,746

6,065,6971,759,8521,038,906

42,730,92321,450,889

11,764,366330,999

28,410,380

434,245136,88674,864

2,495,6421,478,199

781,13818,507

2,099,314

113,552,012 7,518,795

643,479231,931222,508

16,316,7202,620,276

1,302,74937,513

4,285,791

1,077,724368,817297,372

18,812,3624,098,475

2,083,88756,020

6,385,105

4187125

142737

40238

1,117

25,060,967 33; 179,762 2,950

$8,199,35440,146,990

5,364,228

447,158

7,413,46925,444,296

6,630,3853,187,301

136,757,073

834,146,460

5,096,2611,506,891401,889

3,675,6793,708,506

1,722,362193,803

11,904,000

28,209,391

i i

o

3ao61,710,274 g

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Page 71: Income 1920

Ill112113

114115116117

118

119

120121

122123124125126127

128129130131

TRANSPORTATION AND OTHER PUBLIC UTILITIES.

I. Rail transportation:Steam railroadsElectric railroadsAll other railroads, n. p. d.,1 etc

Total rail transportation.

II. Water transportation:Ocean lines, transoceanic and coastalLake, sound, bay, and river linesMarine salvage and wreckingAll other water transportation, n. p. d.,1 etc..

Total, water transportation.

III. Local transportation, cartage, and storage:Cartage and storage or warehouse and packing for trans-

portationCab, livery, taxicab, jitney bus companies, and automobile

garagesSpecial fopd storage and packers for transportation, etc...

other local transportation, n. p. d.

Total, local transportation, cartage, and storage

IV. Other public utilities and transportation, n. p. d.1.Electric light and power companiesGas companiesTelephone and telegraph companiesWater worksMutual telephonesAll other public utilities, n. p. d.,1 etc

Total, other public utilities and transportation

Grand total, transportation and other public utilities.

TRADE.

Wholesalers and jobbers, including exporters, importers, etc...Department stores, either wholesale or retail, or bothRetail stores, all other, etcCommission trade, including commercial travelers and special

agents, etcAll other trade, n. p. d.,1 etc

Grand total, trade.

586469472

1,527

10213513

1,267

1,517

2,766

3,401783290

7,240

1,687503

3,7841,4651,0041,872

10,315

20,599

15,3441,08039,642

2,66120,158

78,885

258204235

697

611069

710

886

1,868

2,237518204

4, 827

1.141283

2,6131,004451

1,020

6,512

12,922

9,983816

28,680

1,64611,153

52,278

336,802,54626,696,08544,030,676

407,529,307

14,486,53216,228,946

625,94345,740,312

77,081,733

16,310,669

9,203,74311,519,5277,513,439

44,547,378

48, 777,43817,471,98279,561,2198,497,130219,139

145,445,601

299,972, 509

829,130,927

287,281,48783,625,767292,727,229

40,157,997207,380,850

911,173,330

31,101,2562,565,5044,177,054

37,843,814

1,200,0161,324,486

52,3824,004,071

6,580,955

1,208,921

529,065982,830607,773

3,328,589

4,600,2251,603,0987,487,465717,0266,720

13,678,594

28,093,128

75,846,486

22,462,6547,125,50621,482,132

3,013,57515,660,508

69,744,375

1,725,611412,463

1,168,091

3,306,165

1,641,9652,569,934

66,5154,080,912

8,359,326

1,245,480

743,922846,388968,172

3, 803,962

829,418701,398

1,086,87486,2247,017

4,596,236

7,307,167

22,776,620

42,979,0149,725,14131,272,356

6,477,39032,414,644

122,868,545

32,826,8672,977,9675,345,145

41,149,979

2,841,9813,894,420

118, 8978,084,983

14,940,281

2,454,401

1,272,9871,829,2181,575,945

7,132,551

5,429,6432,304,4968,574,339803,25013,737

18,274,830

35,400,295

98,623,106

65,441,66816,850,64752,754,488

9,490,96548,075,152

192,612,920

328265237

830

41294

557

631

898

1.164'26586

2,413

546220

1,171461553852

3,803

7,677

5,361264

10,962

1,0159,005

26,607

71,017,85419,051,0835,127, 875

95,196,812

6,582,197297,82822,700

9,338,079

16,240,804

3,972,411 f>

3,739,988 t?4,046,025 j1,016,403 3

12,77% 827 w

2,366,832 ^1,843,932 rj2,230,964 %1,568,156 C5275,193 O

18,007,687 g

26,292,764

150,505,207

149,105,4905,441,26961,869,774

10,519,644112,545,832

339,482,009

i N. p. J.—Main business not precisely defined.

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TABLE 9.—CORPORATION RETURNS—DISTRIBUTION BY INDUSTRIES FOR THE UNITED STATES-€ontinued.

SerialNo.

133134135136

137138139

140

141

142143144

145

146147148149

Industries.

SERVICE.

I. Domestic service:Restaurants, lunch rooms, etcHotels, board and lodging houses..Laundries cleaning and dyeingAll other domestic service, n. p. d.,1 etc

Total, domestic service . . .

II. Amusements:Theaters, or theatrical organizations, etcMoving picturesAll other amusements

Total, amusements

III. Professional and other services:Business services, advertising, appraisers, auditors, actua-

ries etcEducational service, including art, colleges, schools,

libraries, etc., teachers, etc .. .Curative services, physicians, surgeons, etcLegal services, lawyers, patent attorneys, etcEngineering, mechanical design, invention, scientific re-

search, etc..All other service, n. p. d.,1 etc

Total, professional and other service

Grand total, service

FINANCE.

I. Banking and related business:Bank, general, n. p. d.,1 or private bankersNational banks .State banks.Trust companies, or bank and trust companies

Totalnumberof cor-pora-tions.

1,3411,8412,414

196

5,792

5791,3412,150

4,070

1,449

806982817

5403,034

7,628

17,490

9,0817,4028,6302,162

Corporations reporting net income.

Number.

8461,3891,899

152

4,286

4051,0411,436

2,882

932

509595674

2261,810

4,746

11,914

8,3136,7857,6101,937

Net income.

$11,575,13235,965,98417,755,6272,024, 492

67,321,235

14,968, 53215,324, 56519,435,547

49,728,644

9,627,656

2,279,3143,095,2462,466,591

2,087,0668, 885,110

28,440,983

145,490, 862

114,409,029280,495,446

47,349,246131,460,891

Income tax.

$846,6372,939, 5701,252,613

162, 230

5,201,050

1,220,3921,114,7231,365,012

3, 700,127

672,969

171,483206,859147,337

150,749582,484

1,931,861

10, 833,038

7,883,38020,582,3782,799, 5929,906,741

War profitsand excessprofits tax.

$1,777,1524,119,7252,154, 853

183,830

8,235,560

2,370, 8712,572,3493,845,066

8, 788,286

1,784,286

169,996191, 700182,545

311, 5301,050,595

3,690,652

20,714,498

6,560,92119,309,7662,285,2548,122,798

Total tax.

$2,623,7897,059,2953,407,466

346,060

13,436,610

3,591,2633,687, 0725,210,078

12,488,413

2,457,255

341,479398,539329,882

462,2791,633,079

5,622,513

31,547,536

14,444,30139,892,1445,084, 846

18,029,539

Corporations reportingno net income.

Number.

49545251544

1,506

174300714

1,188

517

297387143

3141,224

2,882

5,576

768617

1,020225

Deficit.

S3,404,0214,079,2941,692,952

815,965

9,992,232

1,504,3181, 520,4433,920,094

6,944, 855

2,573,729

1,911,2211,914,256

568,367

1,799,0093,495,699

12,262,281

29,199,368

5,215,0784,649,8122,392,0113,350,761

oin

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150151152

153

154155156157158159160

161

162

163164

Loan companies, etcStock and bond brokersReal estate, loan, and insurance agents, realty holding and

development companiesHolding and leasing realty, not realty business, etc

Total, banking and related business..

I I . Insurance companies, not agents:Life insurance, stock, and mutual companiesAccident, stock companies onlyFire, stock companies onlyMarine, stock companies onlyAccident, fire, and marine, mutualFidelity and bondingAll other insurance companies, n. p. d.,1 and combinations.

Total, insurance companies

All other finance, n. p . d.^and combinations of I and II, etc.

Grand total, f inance . . . . , , ,

ALL OTHER.

All other active concerns whose business can not be identifiedwith any main division; also combinations of main divisionswhen the main business is not given ,

Concerns in liquidationInactive concerns

Grand total, all other concerns..

Grand total

1,954490

11,82432,136

73,679

317372292461116562

1,796

3,427

78,902

3,1086,29325,467

34,868

345,595

1,556242

7,61418,401

52,455

1652113112

2898

320

946

2,080

55,484

1,4361,926

31

3,393

203,233

20,163,5331,880,738

41,691,151165,378, 746

802, 828,780

41,973,7832,729,9285,409,6301,386,7074,631,641319, 889

34,230, 534

90,682,112

39,793,227

933,304,119

66,902,91413,005,230

117,026

80,025,170

7,902,654,813

1,641,250126,005

2,859,89612,888,854

58,688,095

2,062,617223,416423,179143,753335,07023,161

2,267,035

5,478,231

3,259,451

67,425,777

5,962, 591835,7526,207

6, 804, 550

636,508,292

861,992240,307

1,997/, 0109,742,205

49,120,253

149,11992,21897,49378,18410,76872,788714,104

1,214,674

1,240,902

51,575,829

5,303,5621,433,220

1,572

6,738,354

988,726,351

2,503,242366,312

4,856,90522,631,059

107,808,348

2,211,736315,634520,672221,937345,83895,949

2,981,139

6,692,905

4, 500,353

119,001,606

11,266,1532,268,972

7,779

13,542,904

1,625,234,643

398248

4,21013,735

21,221

152169812

3228

242

850

1,347

23,418

1,6724,36725,436

31, 475

142,362

2,698,0383,992,949

22,670,09198,092,450

143,061,190

9,812,4521,357,0876,025,2063,079,91985,212,604

69,56416,011,553

121,568,385 &

29,306,621 J>

293,936,196 g

O

34, 527,084 ^

i 202̂ 182 £J

111,300,357 g

2,029,423,744 %

i N. p. d.—Main business not precisely defined.

OCO

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7 0 STATISTICS OF INCOME.

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS.

[Income returned for the calendar year ended Dec. 31,1920.]

AGRICULTURE AND RELATED INDUSTRIES.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income..

Grand total

Num-ber.

2,0318004154578054161371

3,8745,312

9,186

Net income.

$1,648,3102,538,6812,913,501

10,014,6205,656,8768,675,9235,766,7748,812,773

15,734,6469,718,172

71,480,2762 66,139,680

5,340,596

Incometax.

$93,638217,848842,483484,179713,161491,404738,587

1,170,616677,345

5,429,261

5,429,261

Warprofits

and excessprofitstax.

$7,19779,152

715,190630,216

1,323,922786,660

1,381,9933,894,0332,922,640

11,741,003

11,741,003

Total tax.

$100,835297,000

1,557,6731,114,3952,037,0831,278,0642,120,5805,064,6493,599,985

17,170,264

17,170,264

Averageamountof tax.

$126716

3,40813,93037,72479,879

163,122723,521

3,599,985

19,316

Per centof totaltax to

netincome.

3.9710.1915.5519.7023.4822.1624.0632.1937.04

i 24.59

MINING A N D Q U A R R Y I N G .

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 t o $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income..

Grand total . .

2,108992676

1,5695495582521229017

6,93310,601

17,534

$1,622,5913,211,4354,873,746

37,818,71838,842,90188,098,40187,404,11985,690,827

169,981,604184,529,446

702,073,7882176,505,076

525,568,712

$129,092327,350

2,963,9092,950,5106,586,2596,508,7656,886,489

14,281,55316,165,638

56,799,565

56,799,565

$20,062186,485

5,690,9048,216,816

20,157,02120,255,66519,921,11824,057,30419,291,032

117,796,407

117,796,407

$149,154513,835

8,654,81311,167,32626,743,28026,764,43026,807,60738,338,85735,456,670

174,595,972

174,595,972

$150760

5,51620,34147,927

106,208219,734425,987

2,085,686

i 36,186

4.6410.5422.8828.7530.3630.6231.2822.5519.21

124.93

MANUFACTURING—EMBRACING A L L M A N U F A C T U R E S .

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 t o $100,000$100,000 to $250,000$250,000 t o $500,000$500,000 to $1,000,000..$1,000,000 to $5,000,000$5,000,000 and over

TotalReporting no net income..

Grand total

13,7409,6336,187

11,5253,2032,7241,185

65948485

49,42528,746

78,171

$1231:44!

269!226!427!412;454;943,

1,295,

390,079153,624199,734597,882072,104312,255792,034450,745197,384

$1,2224,725044,809913,857559,344475,504331,889376,542568,258 150;

258'488 107'611,517 170,

21,918,534,433,336,379,5

4,116,424,3291336,106,445 608,854,128 944,960,5732834,146,460

$152,1,633,

28,096,33,802,71,836,71,336,81,473,~~>,330,

1/191,

$1,377,5054,678,763

50,010,63652,361,596

605106,312,109695104,668,584292117,849,834377 229,898,635394 277,802,911

3,282,277,869 336,106,445 608,854,128 944,960,573

$143756

4,33916,34839,02888,328178,831474,997

!, 268,270

126,481

4.4210.5918.5523.1624.8825.3625.9324.3721.44

123.04

1 Average for returns reporting net income of $2,000 and over. 2 Deficit.

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STATISTICS OF INCOME.

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

MANUFACTURING—FOOD PRODUCTS, LIQUORS, AND TOBACCO.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $ 0,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income..

Grand total

Num-ber.

2,9301,515

9291,465

31121186415112

7,5516,167

13,718

Net income.

$2,447,7544,807,7876,639,824

32,824,21321,254,56833,018,29029,383,01529,922,273

122,379,638122,169,689

404,847,0512183,895,444

Incometax.

Sl8l, 060465,873

2,694,5511,766,7032,681,4922,386,4692,410,7539,627,683

10,287,886

32,502,470

220,951,607 32.502.470

Warprofits

and excessprofitstax.

$18,966218,293

2,933,3612.652,1214,782,0724,169,6114,685,244

19,788,11518,787,44.8

58,035,231

58,035,231

Total tax.

$200,026684,166

5,627,9124,418,8247,463,5646,556,0807,095,997

29,415,79829,075,334

90,537,701

90,537,701

Averageamountof tax.

$132736

3,84214,20835,37276,233

173,073576,780

2,422,945

i 19,593

Per centof totaltax to

netincome.

4.1610.3017.1520.7922.6022.3123.7124.0423.80

i 22.50

MANUFACTURING-TEXTILE AND TEXTILE PRODUCTS.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net income..

Grand total

1,5581,102

5911,124

377392211103825

5,5454,576

10,121

$1,490,8333,530,6554,235,474

26,176,99526,632,12261,187,73173,113,71272,109,593

138,050,88052,084,905

458,612,9002166,646,390

291,966,510

$137,470288,660

2,174,5762,230,6085,000,6845,988,3035,564,843

10,606,4623,590,859

$14,207123,879

2,076,3533,294,8509,792,660

12,883,52514,344,62128,721,41214,935,553

35,582,465 86.187.060

35,582,465 86.187.060

$151,677412,539

4,250,9295,525,458

14,793,34418,871,82819,909,46439,327,87418,526,412

121,769,525

121,769,525

$138698

3,78214,65637,73889,440

193,296479,608

3,705,282

130,542

4.309.74

16.2420.7524.1825.8127.6128.4935.57

126.64

MANUFACTURING—LEATHER AND LEATHER PRODUCTS.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net income..

Grand total

334241159295

7973321331

1,230

$298,762767,701

1,143,2837,259,0135,640,937

11,343,26211,125,4798,070,3856,364,7799,014,588

61.028.189932J 2i03;92i;943

2,162 42,893,754

$28,90878,390

591,855472,459918,281910,010648,406460,708711,825

4,820,842

4,820,842

$3,08529,705

648,111666,238

1,651,5931,854,9061,526,2631,748,3801,862,248

9,990,529

9,990,529

$31,993108,095

1,239,9661,138,6972,569,8742,764,9162,174,6692,209,0882,574,073

14,811,371

14,811,371

$133680

4,20314,41435,20486,404

167,282736,363

2,574,073

U6,531

4179.45

17.0820.1922.6624.8526.9434.7128.55

124.39

i Average for returns reporting net income of $2,000 and over. 2 Deficit.

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72 STATISTICS OF INCOME.

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

MANUFACTURING—RUBBER AND RUBBER GOODS.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net income..

Grand total

Num-ber.

7352366320204641

279392

671

Net income.

$63,622164,143267,678

1,354,0161,375,5753,401,3821,415,0074,106,4506,264,4298,265,674

26,677,9762 31,575,079

4,897,103

Incometax.

$6,00118,488

111,658117,329298, 760129,011346,993464,778825,766

2,318,784

2,318,784

Warprofits

and excessprofits

tax.

$8983,405

67,446143,180362,534113,298607,080131,847

1,429,688

1,429,688

Total tax.

$6,89921,893

179,104260,509661,294242,309954,073596,625825,766

3,748,472

3,748,472

Averageamountof tax.

$133608

2,84313,02533,06560,577

159,012149,156825, 766

i 18,196

Per centof totaltax to

netincome.

4.208.18

13.2318.9419.4417.1223.239.529.99

114.08

MANUFACTURING—LUMBER AND WOOD PRODUCTS.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000and o v e r . . . .

TotalReporting no net income..

Grand total

960890700

1,59047342314478411

5,3001,965

$943 6592,911,2635,093,774

37,890,95533,272,60465,059,22049,627,05852,444,06068,331,6725,695,314

321,269,5792 27,169,095

7,265J 294,100,484

$115,078351, 407

3,059,3052,677,0115,150,3113,961,3684,117,4185,638,261

540,394

25,610,553

25,610,553

$16,918177,093

4,278,0875,547,618

12,300,9869,284,351

10,060,45311,399,413

284,487

53,349,406

53,349,406

$131,996528,500

7,337,3928,224,629

17,451,29713,245,71914,177,87117,037,674

824,881

78,959,959

78,959,959

$148755

4,61517,38841,25691,984

181,768415,553824,881

118,194

4.5310.3819.3624.7226.8226.6927.0324.9314.48

124.65

MANUFACTURING—PAPER, PULP, AND PRODUCTS.

Reporting i ncome:$0 to $2,000$2,000 to $5,000

"$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000 000...$1,000,000 to $5,000,000.$5,000,000 and over

Total . ..Reporting no net income...

Grand total

1701941373651371499059435

1,349344

1,693

$157,643633, 309995,006

8,994,6209, 847,107

22,821,20331,866, 77742,275,06882,360,68041,664,902

241,616,3152 4,034,761

237, 581,554

$24,82466,971

733, 963819,112

1,758, 4232,363, 6733,106, 9016,278, 6203,322,981

18,475,468

18, 475, 468

$2,33354, 368

1,302,4581,999,4624,718,8007,706,474

10,849, 20919,005, 9458,187, 489

53,826, 538

53, 826,53S

$27,157121, 339

2,036, 4212, 818, 5746,477,223

10,070,14713, 956,11025,284,56511, 510, 470

72, 302, 006

72, 302,006

$140886

5,57920,57443,471

111, 891236,544588,013

2,302,094

161,325

4.2912.1922.6428.6228.3831.6033.0130.7027.63

i 29.94

1 Average for returns reporting net income of $2,000 and over. a Deficit.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 77: Income 1920

STATISTICS OF INCOME. 73

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

MANUFACTURING—PRINTING AND PUBLISHING.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income..

Grand total

Num-ber.

2,1191,591

8711,261

2721805430141

6,3931,695

8,088

Net income.

$1,934,2595,173,2346,143, 699

28,066, 04918,681,27428,300, 83418,928,77120,434, 33725,637, 3499,860,180

163,159, 9862 13, 709, 458

149, 450, 528

Incomet i x

$202, 905409, 053

2,187,4641,422,6682,199,1281,487, 4961, 566,1573,024, 415

727, 076

13,226, 362

13,226, 362

Warprofits

and excessprofits

tax.

$32,641306, 863

3,910, 5283,679,0475,817,7793,308,4274,500, 9754,890,0772,576, 945

29,023, 282

29,023,282

Total tax.

$235, 546715, 916

6,097,9925,101, 7158,016,9074,795,9236,067,1327,914,4923,304,021

42, 249,644

42,249,644

Averageamountof tax.

$148822

4,83618,75644, 53888, 813

202, 238565, 321

3,304, 021

1 9, 885

Per centof totaltax to

netincome.

4.5511.6521.7327.3128.3325.3429.6930.8733.51

i 26.21

MANUFACTURING—CHEMICALS AND ALLIED SUBSTANCES.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000.$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000.$5,000,000 and over

TotalReporting no net income..

Grand total

1,0074863546621921757750359

3,0472,779

5, 826

$770,9131,571,0922,523, 782

15,273, 51813,548,64327,778, 20027,799, 05233,816, 23973,927, 239

244,360, 982

441,369,6602 96, 439, 756

344,929, 904

$65,268175, 384

1,260,5591,175, 7642,254, 5872,225, 0812,831, 2917,137, 220

20, 708,146

37, 833, 303

37, 833,303

$8, 48092,442

1,369, 3542,113, 9924,466, 8484,977,5375,156, 4497,851, 764

34,293, 207

60,330,073

60,330,073

$73,748267, 826

2,629, 9133,289, 7566, 721,4357,202, 6217,987,740

14,988, 98455, 001, 353

98,163,376

98,163,376

$152757

3,97317,13438, 40893, 541

159, 755423, 257

6, 111, 261

i 48,119

4.6910.6117.2224.2824.2025.9123.6220.2822.51

i 22.28

MANUFACTURING—STONE, CLAY, AND GLASS PRODUCTS.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 t o $250,000....$250,000 to $500,000....$500,000 to $1,000,000..$1,000,000 to $5, 000,000$5,000,000 and over . . . .

TotalReporting no net income.

Grand total

$613,9011,810,9362,641,979

15,201,10615,617,47022,323, 98414,562, 71716,071,55236,187, 03126,142, 451

151,173, 1272 8, 287,187

$74,962181, 538

1,228,1431,277, 7051,775, 2671,154,9341,330, 7163,560, 3351,945, 891

12, 529, 491

12,529,491

$8,25999,243

1,716, 4262,336,1813,987, 4172, 800, 6182, 581,1544,814,1786,486, 657

24, 830,133

24, 830,133

$83,221280, 781

2,944,5693,613, 8865,762, 6843,955,5523,911, 8708,374, 5138, 432, 548

37,359, 624

37, 359,624

$152757

4,46816,73138,93794,180

170, 081440, 764

4,216, 274

118, 431

4.6010.6319.3723.1425.8127.1624.3423.1432.26

i 24.81

1 Average for returns reporting net income of $2,000 and over. 2 Deficit.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 78: Income 1920

74 STATISTICS OF INCOME.

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

MANUFACTURING—METAL AND METAL PRODUCTS.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,009 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000....$250,000 to $500,000....$500,000 to $1,000,000..$1,000,000 to $5,000,000.$5,000,000 and over....

TotalReporting no net income.

Grand total

Num-ber.

2,1791,8141,2622,711

79267333618814535

10,1354,996

15,131

Net income.

$2,122,0665,871,4308,976,546

65,138,31356,547,502

106,733,094116,536,767127,200,358296,209,176626,312,231

Incometax.

Warprofits

and excessprofitstax.

$232,794625,420

5,322,6234,653,9848,714,7019,499,846

10,352,41624,878,55051,882,225

1,411,647,483 116,162,559 177,695,235 293,857,7942 136,757,073

1,274,890,410116,162,559 177,695,235 293,857,794

,864,572,714,910,326,126,208,149

Total tax.

$31,321,

6,484,7,871,

16,760,18,588,20,726,41,367,65,543,366117^425; 591

$264,658946,992

11,807,33712,525,89425,475,02728,087,97231,078,62466,245,699

Averageamountof tax.

$146750

4,35515,81637,85383,595

165,312456,867

1,355,017

136,935

Per centof totaltax to

netincome.

4.5110.5518.1322.1523.8724.1024. 4322. 3618.75

i 20. 85

ALL OTHER MANUFACTURING INDUSTRIES.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net income..

Grand total

1

1,776 $1,546,6671,201 3,912,074

777; 5,538,689l,330i 31,419,084

334 23,654,302280 45,345,055109 38,433,67968! 48,000,43047i 87,484,51113! 149,687,572

5,935? 435,022,0633,899 2 61,710,274

9,834 373,311,789

$155,455383,625

2,549,1601,946,0013,723,8703,225,6954,100,6487,891,226

13,088,468

37,044,148

37,044,148

$15,129207,091

3,309,9413,497,6537,195,5905,649,8226,435,636

10,612,09717,233,994

54,156,953

*54,156,953

$170,584590,716

5,859,1015,443,654

10,919,4608,875,517

10,536,28418,503,32330,302,462

91,201,101

91,201,101

$142760

4,40516,29838,99881,427

154,945393,688

2,330,959

121,929

4.3610.6718.6523.0124.0823.0921.9521.1520.24

121.03

CONSTRUCTION.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net income..

Grand total

2,5552,0701,1071,031

115782912112

7,0102,950

9,960

$2,371,0456,649,4237,564,053

21,053,9357,796,607

11,578,31010,349,7148,975,736

24,264,81712,948,372

113,552,0122 28,209,391

85,342,621

$255,270492,545

1,621,537629,844914,208801,960550,172

1,631,588621,671

7,518,795

7,518,795

$58,427407,060

2,752,9401,259,7572,107,2262,016,2893,032,2547,594,7636,432,251

25,660,967

25,660,967

$313,697899,605

4,374,4771,889,6013,021,4342,818,2493,582,4269,226,3517,053,922

33,179,762

33,179,762

$152813

4,24316,43138,73697,181

298,536838,759

3,526,961

17,448

4.7211.8920.7824.2426.0927.2239.9138.0254.48

129.84

1 Average for returns reporting net income of $2,000 and over. 2 Deficit.

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Page 79: Income 1920

STATISTICS OF INCOME. 75

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

TRANSPORTATION AND OTHER PUBLIC UTILITIES.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..5,000,000 and over

TotalReporting no net income..

Grand total

Num-ber.

7,2292,4621,0791,321

234269126868630

12,9227,677

20,599

Net income.

$5,298,4097,767,8597,505,566

28,970,19216,314,27342,457,25844,084,09459,499,227

179,8411815437,392,234

829,130,9272150,505,207

678,625,720

Incometax.

$315,643514,243

2,477,0801,427,7093,955,5364,059,2455,552,487

16,736,79240,807,751

75,846,486

75,846,486

Warprofits

and excessprofitstax.

$42,424229,498

1,764,8521,111,3402,329,1872,761,1293,037,8226,957,6804,542,688

22,776,620

22,776,620

Total tax.

$358,067743,741

4,241,9322,539,0496,284,7236,820,3748,590,309

23,694,47245,350,439

98,623,106

98,623,106

Averageamountof tax.

$145689

3,21110,85123,36354,13099,887

275,5171,511,681

i 17,324

Per centof totaltax to

netincome.

4.6i9.91

14.6415.5614.8015.4714.4413.1710.37

U1.97

T R A D E .

Reporting net income:$0 to $2 000$2,000 to $5,000$5,000to$10,000 . . . .$10,000 to $50,000$50,000 to $100,000$100,000 toS 250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotalReporting no net ineome..

Grand total

1813,

7,9,1,

52,26,

78,

735'73523456695425010858

7

?78607

885

$18,202 37944,448,76954,457,309

198,886,171108,822,595142,505,45085,780,72374,968,951

104,091,09879,009.885

911,173,3302 339,482,009

571,691,321

11,

15,8,

11,6,6,8,6,

6Q

69,

799,934778,840926,059814,972430,165814,909068,761740,053370,682

744,375

744,375

21172515121314

m

122

$509,,183,910,,174,,077,,069,,653,,884,,404,

868

,868,

597667284724896614752570441

545

545

$2,309,5315,962,507

37,836,34325,98936,50821,88418,72222,62420,775

192,612,

192,612,

696061523513623123

q?o

920

4163887

173390

2.967

15

$168771

,098,596,268,538,357,080,875

, 7?,5

5.2010.9519-0223.8825.6225.5124.9721.7426.29

1 21.57

PUBLIC SERVICE—PROFESSIONAL, AMUSEMENTS, H O T E L S , ETC.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to 11,000,000...$1,000,000 to $5,000,000..$5 000 000 and over

TotalReporting no net income..

Grand total

5,4602,9021,3601,735

250133392411

11,9145,576

17,490

$4,348,3249,273,8909,585,582

35,916,48117,079,57919,832,15312,550,89015,804,33821,099,625

145,490,8622 29,199,368

116,291,494

$364,990642,239

2,858,9391,365,5041,576,3861,033,1031,254,9321,736,945

10,833,038

10,833,038

$64,648481,046

4,647,7952,807,7583,577,8212,367,4323,136,5403,631,458

20,714,498

20,714,498

$429,6381,123,2857,506,7344,173,2625,154,2073,400,5354,391,4725,368,403

31,547,536

31,547,536

$148826

4,32716,69338,75387,193

182,978488,037

14,888

4.6311.7220.9024.4325-9927.0927.7925.44

122.35

1 Average for returns reporting net income of $2,000 and over.

5375°—22 6aDeficit.

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Page 80: Income 1920

76 STATISTICS OF INCOME.

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

FINANCE, BANKING, INSURANCE, ETC.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

TotaiReporting no net income..

Grand total

Num-ber.

22,222. 13,670

8,7418,7571,022

6691991048515

55,48423,418

78,902

Net income.

$18,554,95244,408,45161,468,600

176,563,13070,675,957

102,116,81768,353,35870,040,931

162,759,792158,362,131

933,304,1192 293,936,196

639,367,923

Incometax.

$1,649,6293,961,239

13,590,6305,620,6658,068,2695,319,4675,456,369

11,801,83611,957,673

67,425,777

67,425,777

Warprofits

and excessprofits

tax.

$115,5621,093,1697,694,8123,824,3245,932,0734,101,7094,144,273

11,594,23413,075,673

51,575,829

51,575,829

Total tax.

$1,705,1915,054,408

21,285,4429,444,989

14,000,3429,421,1769,600,642

23,396,07025,033,346

119,001,606

119,001,606

Averageamountof tax.

$129578

2,4319,242

20,92747,34392,314

275,2481,668,890

13,578

Per centof totaltax to

netincome.

3.978.22

12,0613.3613,7113.7813.7114.3715.81

i 13.01

COMBINATIONS, PREDOMINANT INDUSTRY NOT ASCERTAINABLE.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000..$5,000,000 and over

Total^deporting no net income..

Grand total

6202941642215244221243

1,4361,672

3,108

$452,433917,763

1,139,9784,844,1963,718,3387,210,4638,093,3288,678,3215,734,474

26,113,620

66,902,9142 34,527,084

32, 375,830

$33,82278,923

401,053403,152618,884685,064742,933483,873

2,514,887

5,962,591

5,962,591

$3,09734,748

330,690447,476756, 789995,561

1,213,457857,013664,731

5,303,562

5,303,562

$36,919113,671731,743850,628

1,375,6731,680,6251,956,3901,340,8863,179,618

11,266,153

11,268,153

$126693

3,31116,35831,26576,392

163,033335,222

1,059,8731 13,807

4.029.97

15.1122.8819.0820.7722.5423.3812.18

116.95

CONCERNS IN LIQUIDATION.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to$100,000......$100,000 to $250,000$250,000 to $500,000$500,000 to $1,000,000...$1,000,000 to $5,000,000 .$5,000,000 and over

TotalReporting no net income..

Grand total

1,299296147141211462

1,9264,367

6,293

$936,251926,228

1,046,8242,830,6921,570,8152,202,1682,042,0921,450,160

13,005,2302 72,571,091

2 59,565,861

$32,39470,571

212,325127,467148,221117,878126,896

835,752

835,752

$1,88931,053

237,373219,266466,688444,45832,493

1,433,220

1,433,220

$34,283101,624449,698346,733614,909562,336159,389

2,268,972

2,268,972

$116691

3,18916,51143,92293,72379,695

13,619

3.709.71

15.8922.0727.9227.5410.99

i 18. 80

1 Average for returns reporting net income of $2,000 and over. 2 Deficit.

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STATISTICS OF INCOME. 77

TABLE 10.—CORPORATION RETURNS—DISTRIBUTION BY INCOMECLASSES BY INDUSTRIAL GROUPS—Continued.

INACTIVE CONCERNS.

Income classes.

Reporting net income:$0 to $2,000$2,000 to $5,000$5,000 to $10,000$10,000 to $50,000$50,000 to $100,000....$100 000 to $250,000$250,000 to $500,000...$500,000 to $1,000,000$1,000,000 to $5,000,000 .$5,000,000 and over

TotalReporting no net income..

Num-ber.

101443

3125,436

25,467

Net income.

$10,85542,43321,24742,491

117,0262 4,202,182

Incometax.

$2,0121,2712,924

6,207

2 4,085,156 fi 207

Warprofits

and excessprofitstax.

$309527736

1,572

1,572

Total tax.

$2,3211,7983,660

7,779

7,779

Averageamountof tax.

SI 66450

1,220

*370

Per centoitotal*tax to

netincome.

5.478.468.61

17.33

1 Average for returns reporting net income of $2,000 and over. * Deficit.

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Page 82: Income 1920

78 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES.

[Income returned for the calendar year ended Dec. 31,1920.]

ALABAMA.

Income class.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,0001-,$4,000 to $5,000....$5,000 to $6,000....$6,000 to $7,000....$7,000 to $8,000....$8,000 to $9,000....$9,000 to $10,000...$10,000 to $11,000. .$11,000 to $12,000..$12,000 to $13,000..$13,000 to $14,000..$14,000 to $15,000..$15,000 to $20,000..$20,000 to $25,000$25,000 to $30,000..$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000 .$60,000 to $70,000$70,000 to $80,000..$80,000 to $90,000$90,000 to $100,000.$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,000$750,000 to $l,000,0C$1,000,000 to $l,500,($1,500,000 to $2,000,($2,000,000 to $3,000,($3,000,000 to $4,000,($4,000,000 to $5,000,($5,000,000 and overClasses grouped2..

Grand total.

- -

HIXX).XX).XX).XX).XX).

Numberof

returns.

5,09912,9829,595

12,388164

6,28549

2,3371,102

7084553292472001671258492

228106717538181556761

52,984

Netincome.

$7,971,99619,385,05721,800,60130,855,592

531,26121,435,154

231,60910,387,6516,041,8244,581,6383,388,6112,782,5752,341,4772,087,9591,922,6801,563,9501,136,8111,323,8723,897,9502,355,9831,926,8432,615,2111,704,569

986,336961,637371,220497,318652,024(2)(2)

865,524

156,604,933

. Exemption fromnormal tax.

Personalex-

emption.

$10,666,91013,076,16124,386,74022,798,460

513,23313,735,756

101,3395,255,8922,394,5861,533,123

972,983703,325531,150429,800349,100259,840179,400183,920482,400222,772151,000152,20075,80035,60027,2008,800

14,60011,600(2)(2)

15,800

99,269,490

Dividends.

$162,714313,467102,254799,08865,315

642,953176,984665,320583,194481,612337,025337,602308,325311,172399,568271,842229,122176,067850,092527,734497,173646,280632,732185,766227,011151,85868,252

185,229(2)(2)

172,079

10,507,830

Normaltax.

$250,834

319,669

300,195

196,406133,174112,258101,91093,97484,14481,53573,70766,38047,35863,959

176,792114,035100,640135,19580.68958; 00654,07918,02132,17539,091(2)(2)

53,000

2,787,226

Surtax.

$5,26613,76517,67020,99323,41425,51528,26426,85922,17029,410

111,96696,968

103,136190,544166,780120,442140,14163,52095,770

142,267(2)(2)

250,719

1,695,579

Totaltax.

$250,834

319,669

300,195

196,406138,440126,023119,580114,967107,558107,050101,97193,23969,52893,369

288,758211,003203,776325,739247,469178,448194,22081,541

127,945181,358(2)(2)

303,719

4,482,805

A L A S K A .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000414,000 to $15,000

9254,4531,0422,359

47986

22181510542223

$1,110,2506,237,2542,396,6255,898,049

150,4502,949,340

101,353100,70897,09173,17741,39136,84720,21423,35225,37440,902

$1,488,6004,453,4002,384,6003,160,200

114,9002,070,500

46,20043,80026,80019,00010,4009,4003,4004,4004,6005,800

$14,67512,46039,729

14,0001,3123,548

10,2603,7165,475

5,752

$71 355

109,015

35,153

1,6692,2263,0052,4531,4661,2461,025

7401,2602,413

$106295364310345229354449816

$71,355

109,015

35,153

1,6692,3323,3002,8171,7761,5911,2541,0941,7093,229

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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STATISTICS OF INCOME. 79

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

ALAS K A—Continued.

Income class.

$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000and over . . . .Classes grouped 2

Grand total

Numberof

returns.

3

1

9,899

Netincome.

(2)

(2)

$98,398

19,400,775

Exemption fromnormal tax.

Personalex-

emption.

(2)

(2)

Dividends.

(2)

(2)

1

$7,200

13,853,200

$200

111, 127

Normaltax.

(2)

(2)

Surtax.

(2)

(2)

1

$6,720

239,746

$5,591

8,859

Totaltax.

(2)

(2)

$12,311

248,605

A R I Z O N A .

$1,000 to $2,000 !$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to 14,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to 13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$10,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70 000 to $80,000...

$80,000 to $90,000$90 000 to $100 000 .$100 000 to $150,000..$150,000 to $200,000$200 000 to $250 000$250 000 to $300,000 . . .$300,000 to $400,000$400 000 to $500 000$500,000 to $750,000$750 000 to $1,000,000..$1,000,000 to $1,500,000.

2,4895,6294 5816,754

852,821

161,001

53729216476795243201222542220221232

1

$4,125,0419,012,124

10,374,48116,513, 822

281,8809,565,756

70,2814,515 7062,922,4721,883,0441,230,351

643,713750,401511,039493,025250,695161,374319,31990S, 267481,278561,094748,994527,638170 375(2)

(2)

$5,421,7485,766,600

11,535,96011,284,200

231,3325,790,136

41,3641 990 8001,009,483

521,584261,100131,900134,60083,90071,28033,40017,80028,60075,90035,00025,80027,76216,4004,300

(2)

(2)

$10,97712,981

111,60650,62283,64088,23449,453

198,763290,497286,678178,00386,687

135, 882102,57588,72464,98241,75140,825

253,403169,081204,957228,628290,912120,230(2)

(2)

1

$i30,237

208,485

147,928

96,22469 55849, 88040, 82923,07328,40722,15320,5869,6806,373

16,21140,37623,00125,39039,25322,4044,698

(2)

(*)

$2,2825,4896,5524,8407,5786,5117,2044,1862,9907 062

25,19319,48731,66253, 22350,38121,714(2)

(2)

$130,237

208,485

147,928

96,22471,82055,36947,38127,91335, 98528,66727, 79013,8669,363

23,27365,56942,48857,05292,47672,78526,412(2)

(2)

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 84: Income 1920

80 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

ARIZONA—Continued.

Income class.

$1,500,000 to $2,000,000.$2,000,0001 o $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

$24,812

Netincome.

$225,313

67,280,486

Exemption fromnormal tax.

Personalex-

emption.

$2,000

44,545,949

Dividends.

$175,773

3,365,844

Normaltax.

$5,157

1,029,906

Surtax.

$39,665

295,999

Totaltax.

$44,822

1,325,905

A R K A N S A S .

$1,000 to $2,0001...$1,000 to $2,000$2,000 to $3,0001...$2,000 to $3,000$3,000 to $4,0001...$3,000 to $4,000$4,000 to $5,000!...$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000....$10,000 to $11,000...$11,000 to $12,000...$12,000 to $13,000...$13,000 to $14,000...$14,000 to $15,000...$15,000 to $20,000...$20,000 to $25,000...$25,000 to $30,000...$30,000 to 140,000...$40,000 t o $50,000...$50,000 to $60,000...$60,000 to $70,000...$70,000 to $80,000...$80,000 to $90,000...$90,000 to $100,000..$100,000 to $150,000.$150 000 to $200,000$200,000 to $250,000..$250 000to $300 000$300 0001 o $400,000 .$400,000 to $500,000..$500,000 to $750,000.$750,000 to $1,000,OOC$l,000,000to$l,500,0($1,500,000 to $2,000,(X$2,000,000 to $3,000,0($3,000,000 to $4,000,0($4,000,000 to $5,000,(X$5 000 000 and over

)0.)0.X).X).)0.

Classes grouped2

Grand total

1,7687,2549,8188,474

3394,929

672,300

93155638825618814192676948

20973425622

962332

$2,650,14610,785,58722,603,40121,234,230

1,100, 75116,847,177

292,90210,289,3815,072,1273,602, 8552,891,9202,166,5791,779,8121,476,9771,058,096

837,603928,324693,101

3,593,3111,608, 4381,1.53,1381,924 8881,004 283

497,312385,669144,479249,936286,475(2)

1 (2)

38,113

901 812

118,060,710

$3,544,8007,294,391

25.071,10815,630,199

1,015,50010,830,469

180,9544,923,7671,994, 8451,190, 724

822, 400541,000391,800299,800188,400138,200139,763104,600421,400143,20080,200

109,20047,80019,20014,0004,800500005,400

(2)

(2)

3,000

75,155,920

$34,92159,330

332,995257,627158, 740202, 784150,421391, 834379,351381,026323,247288,149221,871265,184185,127103,676159,37594,709

818,352413,039278,129479,681182,10470,554

107,33140,218

212,753171,791(2)

(2)

$1'45,949

221,303

233,394

200 840112,08890, 20886,34170,71968,35854,56443,02837,52740,41932,248

158,77483,19759,58497,93158,36431,14820,6187,6976,1318,599

(2)

(2)

943,948

7,708,327

$4,03410,63115,11516,36117,63218,15615,59214,43218,06615,180

103,91865,19862,618

138,214100,16761,48456,40923,95848,46464,140(2)

(2)

1,969,059

429,622

1,299,391

$145 949

221,303

233,394

200,840116,122100,839101,45687,08085,99072,72058,62051,95958 48547,428

262,092148. 395122,202236 145158.531

92,63277.05731,65554,59572,739(*)

(2)

429,622

3,268,450

C A L I F O R N I A .

$1,000 to $2,000 i ,$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001

34,534105,44126,421

101,3042,410

51,9081,854

$54,555,655158,446,98959,930,216

250,056,9278,284,726

$69,050,575105,227,87862,663,407

177,546,3264,709,363

179,418,831 104,527,3168,204,535 I 3,309,532

$3,828,953932,271

6,125,5561,611,5954,907,8893,136,3876,962,719

1 Nontaxable. Personal exemption and dvidends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

$2,070,366

2,890,240

2,888,497

32,070,366

2,890,240

2,888,497

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STATISTICS OF INCOME. 81

TABLE 11.—PERSONAL RETURNS- DISTRIBUTION BY INCOMECLASSE S—Continued.

CALIFORNIA—Continued.

Income class.

$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000.$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000114,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to S50,000$50,000 to $60,000$60,000 to $70,000 .$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000$1,000,000 to $1,500,000$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped2

Grand total

Numberof

returns.

27,43714,3808,2524,6993,2412,3681,7281,4341,170

961831

2,6041,315

8147734172381299754388817941

1

1

396,973

Netincome.

$122,733,49478,275,94352,962,31035,179,95127,484,06222,498,49318,115,99116,458,40414,613,43112,946,86312,035,47944,770,15129,193,90922,271,91226,628,03718,534,95212,993,4838,311,2797,230,0574,580,2533,599,385

10,417,9132,889,2132,031,0261,117,198

(2)

(2)

(2)

Exemption fromnormal tax.

Personalex-

emption.

$55,686,22329,147,18416,554,7829,327,4776,239,1654,658,9553,361,3412,869,4522,236,7201,871,8991,645,1954,957,1322,560,8581,562,2101,438,219

764,000438,200234,200171,80091,71760,200

147,19232,70014,4000,600

(2)

(2)

(2)

2,235,526 3,200

1,329,006,594 |674,115,418

Dividends.

$3,277,6527,000,5245,445,5814,460,9314,383,2593,602,7593,270,3173,292,1562,933,3492,819,7842,644,226

10,708,0197,853,9406,180,2198,501,4797,000,5214,340,4763,469,2373,234,5322,546,1791,253,4805,692,8761,770,216

542,856649,617(2)

(2)

(2)

13,373

134,392,931

Normaltax.

$2,547,1401,813,2571,381,9261,097,747

965,505837,716705,404683,770623,531555,788523,147

2,032, 4041,387,0241,074,0291,258,935

866,635640,257380,025324,024163,335189,259401,29496,868

124,59742,350(2)

(2)

(2)

176,817

28,741,887

Surtax.

$38,879115,686177,091198,673224,317223,008228,837253,046252,302265,007

1,291,8661,200,4591,201,1451,917,7421,791,2621,574,2461,217,4521,241,571

901,424800,647

2,960,5011,030,250

836,204500,359(2)

(2)

(2)

1,263,644

21,705,618

Totaltax.

2,547,1401,852,1361,497,6121,274,8381,164,1781,062,033

928,412912,607876,577808,090788,154

3,324,2702,587,4832,275,1743,176,6772,657,8972,214,5031,597,4771,565,5951,064,759

989,9063,361,7951,127,118

960,801542, 709(2)

(2)

(2)

1,440,461

50,447,505

C O L O R A D O .

$1,000 to $2,0001$1,000 to $2,000$2,000 to S3,0001$2,000 to $3,000.$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001

$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000....$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000.......$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000

10,93316,30311,45316,626

2598,958

323,9091,5981,0326874583872391941641331182991309381441818762

$17,359,58524,586,09725,996,54041,294,812

823,03530,688,273

152, 72817,506,1728,742,0106,672,2245,129,1873,889,1123,680,6712,504,5272,224,2102,051,8741,789,6561,711,8345,155,4052,886,6572,542,1662,829,1641,938,150986,357

1,167,332524,491500,715193,248

$22,994,02316,326,67628,793,74430,221,740

765,58418,015,273

64,8808,187,9323,311,7192,165,2941,402,533940,163774,500484,200389,800315,800281,300237,600594,000252,800180,987 |147, 400 !83,40032, 80036,000 I10,000 s10,200 !2,000 !

$280,379133,706374,260424,401139,914651,06583,941

695,305689,858718,563689,940738,290719,431546,832475,244361,954362,428286,750

1,259,020812,275841,417

1,007,319975,000641,00i510,743774,570 i504,812 i168,055 j

$327,336

"429," 092

481,817

343,156196,890166,317150,401125,149126,62691,66486,06787,73673,30678,592227,386131,658113,632129,53166,10025,92457,8316,6543,6272,438

$7,59719,09926,85829,59136,91830,95232,61035,00234,96137,703148,685125,518137,026207,923185,428120,916172,52690,66497,12843,807

$327,336

**429*692

343,156204,487185,416177,259154,740163,544122,616118,677122, 738108, 267116,295376,071257,176250,658337,454251,528146,840230,35797,318100,75546,245

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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82 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTIONCL AS SE S—Continued.

BY INCOME

COLORADO—Continued.

Income class.

$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000.$1,000,000 to $1,500,000$1,500,000 to $2,000,000.$2,000,000 to $3,000,000$3,000,000 to $4,000,000.$4 000 000 to $5,000 000$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

7322111

74,198

Netincome.

$869,737482,086473,516554,318

i , 37i, 295

219,277,184

Exemption fromnormal tax.

Personalex-

emption.

$13,8004,2002,0002,200

4,400

137,048,948

Dividends.

$610,119550,879469, 827542,591

i, 500,273

19,540,162

Normaltax.

$20,04156

6,222

Surtax.

$252,834166,498199,129247,611

i

i5,H8

3,570,397

709, 519

3,196,503

Totaltax.

$272,875166,554199,129253,833

(2)

724,667

6,766,900

CONNECTICUT.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $50,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to$300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped 2

16,55546,76114,77332,1632,46816,182

6887,3212,5911,8551,23483064453042536525924879047526732716287663919183012821

$25,717,26068,105, 81433,956, 51280, 248, 3618,454, 25055,573,6043,047, 895

32, 477, 81514, 234, 59511,983,8529, 214, 8857,018, 7826,115,1785,529,9474,873,0444, 544, 7193,492, 7023, 591,92313,642, 58110,606, 5417,377, 85011,186,5417, 218, 0254,747, 7074,221,2862,918, 6881,622, 7611,712, 8753,494, 5602,107,4331,827,953

(2)

$31,873,80146, 383,16835,422,84558,611,5604,858,256

34,055,0451,092,79815,014,9185,001,0033,679, 8612,387, 3531, 595,0531,229,1411,069,193800, 297660, 709487,200465,650

1,454,620852, 623445, 239593,159245,667149,557116,20971,0o230,40031,80049,00015,80014,800(2)

$2,541,443822,583 |

2,850,746 |1,449,487 '5,427, 8471, 769,0392,474,7022,242, 9132, 741,1462,731, 2962,260, 0612, 055, 6031,760,44S1,685,3071, 702,2591,685,8611,121,1791,679,2515,897,8825,19-J, 4364,274,3736, 348, 5484,600,0184,234, 2632,942,7131,493, 7641,127,334787,650

2,497,6501,591, 5271,176,596(2)

$829,380

' 815,633'

802,826

612,205288,743259,513233,610186,951179,083169,943157,491145,200121,349112,044446,985355,005228,077348,612210,581148,46395,133109,66145,15069,72786,17445,92752,375(2)

871,763

Grand total 148,195 451,737,702

5,600

248,763,357

445,132

81,612,057

33,104

7,188,945

$11,06333,22948,59352,83860,81162,05371,77577,40067,73478,765

395,228440,274402,307798,236700,452578,917616,184503,175322,772382,406962,471766,281756,854(2)

$829,380

815,633

'802," 826

612,205299,806292,742282,203239,789239,894231,996229,266222,600189,083190, 809842, 213795, 279630,384

1,146, 848911,033727,380711,317612, 836367,922452,133

1,048,645812,208809,229(2)

395,835

8,585,653

428,939

15,774,598

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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STATISTICS OF INCOME. 83

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

DELAWARE.

Income class.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000.. .$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000.. . .$11,000 to $J 2,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 t o $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $80,000$30,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 t o $150,000....$150,000 to $200,000....$200,000 t o $250,000$250,000 t o $300,000..$300,000 to $400,000$400,000 t o $500,000.. .$500,000 to $750,000....$750,000 to $1,000,000$1,000,000 to $1,500,000$1,500,000 to $2,000,000$2,000,000 t o $3.000,000$3,000,000 to $4 000 000$4,000,000 to $5,000,000$5,000,000 a n d over .Classes grouped2

Grand total

Numberof

returns.

2,0216 1282,9454 073

811 568

51685340218161108686442513425

1015330391414281362

1

18,937

Netincome.

$3,352,7558,920,6306,611,749

10,036, 383257, 346

5 355 987229,617

3 062 1591,864,1151,404,6131,208, 591

926, 742646,839669, 226481,624636, 277460,092360,546

1,732, 5141,174, 577

825,0171,294,605

628,662752,067128,697599,400(2)

286,325684,729(2)

(2)

1,041,437

55,633,321

Exemption fromnormal tax.

Personalex-

emption.

$4,119,7416,191,3817,277,2927,689, 931

199, 7873,349,109

.102,7641,401,952

689, 273443, 275317,100202, 852126,000120,60091,00097,20072,80045,432

199, 318103,00058,40079,40024,80028,8003,200

14,000(2)

4,0008,000

(2)

Div idends .

$123,94842,492

154,955112,973102,247153, 309202,973190,161273,875243,913313,057372,213240, 880162,408122,073299,969186, 66385,183

718,575683, 876510,539845,746386, 810448,665

88,8601,291,946

(2)154,768938,505(2)

Normaltax.

$108 201

89 939

74 827

58 72738, 73832,48129,90425,28718,86622, 62416,52320,76513,56415, 26066,47044,00822,83138,67717,02227,091

5912,084(2)10,21413,358(2)

(2) (2) (2)

Surtax.

$1, 4133,8706,4447,1016,4858,2627,081

10,9028,8827,880

49,85048,16044,86188,92761,47687,82118,793

103,578(2)64,126

184,919(2)

Totaltax.

$108,201

89,939

74,827

58,72740,15136,35136,34832,38825,35130,88823,60431,66722,44823,140

116,32092,16867,692

127,60478,498

114,91218,852

115,662(2)74,340

198,277(2)

(2) (2)

;

5,00033,065,407

1,461,122

10,912, 704

5,749

823,269

477,925

1,298,756

483,674

2,122,025

DISTRICT OF COLUMBIA.

$1,000 to $2,000 !$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to$8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12.000$12,000 to $13,000$13,000 t o $14,000$14,000 t o $15,000$15,000 to $20,000

6,32624,9005,540

15,558122

8,245165

3,5271,438

867575425324219188171115110334

$9,560,71937,916,49412,554,01237,953,301

369,72728,355,238

684,24915,792,4597,835,9695,574,8194,283,7523,617,1073,064,6772,291,0702,158,9592,130,8941,552,4871,592,0315,760,553

! $12,489,628I 25,116,685| 13,566,016I 25,287,709! 278,51616,207,470

I 423,5756,704,6323,002,9941,851,2551,135,681859,163623,658420,400376,714314,600204,800221,300615,458

$179,060248,056113,543662,748120,445783,356270,641

1,199,912584,887627,654556,665470,353520,014404,293406,026485,646419,744295,534

1,535,900

$506,511

'* "477," 850*

**452,"967

316,099177,255137,200126,830107,812109,42387.78188^ 80586,90760,50469,574

253,081

$4,85014,63222,50624,73630,37828,02231,78036,39130,20934,899166,320

$506,511

477,850

452,967

316,099182,105151,832149,336132,548139,801115,803120,585123,29890,713104,473419,401

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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84 STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCLASSES—Continued.

DISTRICT OF COLUMBIA—Continued.

BY INCOME

Income class.

$20,000 to $25,000...$25,000 to $30,000...$30,000 to $40,000...$40,000 t o $50,000$50,000 t o $60,000$60,000 t o $70,000,.$70,000 t o $80,000...$80,000 to $90,000$90,000 to $100,000..$100,000 to $150,000.$150,000 to $200,000.$200,000 to $250,000.$250,000 t o $300,000.$300,000 to $400,000.$400,000 t o $500,000.$500,000 t o $750,000$750,000 to $1,OOO,OCK$1,000,000 to $1,500,0$1,500,000 to $2,000,0$2,000,000 to $3,000,0$3,000,000 to $4,000,0$4,000,000 to $S,O00,(X$5,000,000 and over.Classes grouped 2

) . .3090.3030.

Numberof

re turns .

16311911456342519116

2512312

30 1

1

Grand total 69,730

Netincome.

$3,627,6633,227,7363,941,7702,481,6621,865,5711,608,0841,399,729

922,536566,414

3,013,963(2)

492,060775,875(2)(2)

1,416, )94

208,388,174

Exemption fromnormal tax.

Personalex-

emption.

$307,200225,266207,064106,20062,40050,20031,80019,00010,80033,800

2,0003,000

(2)(2)

Dividends.

$683,7321,002,7111,299,3331,052,024

899,515531,728573,206306,376317,316

1,703,226(2)

158,585498,374

8

5,200

110,764,184

649,853

19,560,456

Normaltax.

$186,509156,754178,040104,73479,79479,93956,13345,58617,870

103,430(2)26,18621,623(2)(2)

71,092

4,186,289

Surtax.

$149,103172,309286,331239,390228,864235,217212,791179,949125,353855,210(2)

210,256338,055(2)(2)

692,792

4,350,343

Totaltax.

$335,612329,063464,371344,124308,658315,156268,924225.535143;223958,640

236,442359,678(2)(2)

763,884

8,536,632

FLORIDA.

$1,000 t o $2,000 1$1,000 t o $2,000$2,000 t o $3,000 1$2,000 t o $3,000$3,000 t o $4,000 1$3,000 t o $4,000$4,000 t o $5,000 1$4,000 t o $5,000$5,000 t o $6,000$6,000 t o $7,000$7,000 t o $8,000$8,000 t o $9,000$9,000 t o $10,000$10,000 t o $11,000$11,000 t o $12,000$12,000 t o $13,000$13,000 t o $14,000$14,000 t o $15,000$15,000 t o $20,000$20,000 t o $25,000$25,000 t o $30,000$30,000 t o $40,000.$40,000 t o $50,000$50,000 t o $60,006$60,000 t o $70,000$70,000 to$80,000$80,000 t o $90,000$90,000 t o $100,000$100,000 t o $150,000.. . .$150,000 t o $200,000...$200 000 t o $250 000$250 000 t o $300,000$300,000 t o $400,000.. . .$400,000 t o $500,000.. . .$500,000 t o $750,000.. . .$750,000 t o $1,000,000..$1,000,000 t o $1,500,000.

4,8958,7405,3849,649

1296,055

472,8111,138

74849638130423116410913393

3001557476421889666

111

$7,672,31213,006,62212,228,45824,122,649

413,41420,745,433

208,89612,528,2756,235,6444,843,7343,694,1873,229,7712,876,2892,430,6371,881,5161,358,0771,790,8391,344,4465,173,2023,447,7632,071,3102,599,9601,856,014

981,459518,290672,726521,396566,879676,106

(2)(2)(2)

$10,384,6888,771,847

13,575,66417,678,556

344,56012,776,573

91,1046,080,2401,793,8751,573,4531,032,050

783,384638,783473,000349,820232,050273,100190,200622,900332,922153,600143,60089,00040,40010,40015,8008,4008,6008,200

(2)

$184,39238,210

206,351172,658109,617347,887108,530480,936510,248469,412405,533380,553459,353399,383307,867230,208349,348211,248980,676952,408535,873678,419831,421446,8322§7,234145,680246,424387,800680,562

(2)(2)(2)

$168,101

258,047

309,666

245,479142,365121,145113,471112,529104,90594,60074,94459,46478,06461,037

251,752169,856100,172130,700

75,34644,09723,40335,41322,85918,42116,389

(2)(2)<*)

$5,17413,95619,24224,48728,44030,36727,48123,75634,74829,266

149,662141,885113,203185,804178,624120,09277,933

115,923105,602125,600180,636

(2)(2)(2)

$168,101

258,047

309,666

245,479147,539135,101132,713137,016133,345124,967102,42583,220

112,81290,303

401,414211,7412x3,375316,504253,970164,189101,336151,336128,461144,021197,025

(2)(2)(2)

1 Nontaxable. Personal exemption and dividends exceed net income,2 Classes grouped to conceal net income and identity of taxpayers.

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STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCLASSES—Continued.

1PLORII> A— Continued.

85

BY INCOME

Income class.

$1,500,000 to $2,000,000$2,000,000 to $3,000,000.$3,000,000 to $4,000 000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

42,210

Netincome.

$1,408,820

141,105,124

Exemption fromnormal tax.

Personalex-

emption.

$5,000

78,481,769

Dividends.

$1,151,600

12,676,663

Normaltax. Surtax.

1

$22,096 j $656,503

2,854,321 2,388,384

Totaltax.

$G78,599

5,242,705

G E O R G I A .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to «9,000$9,000 to $10,000$10,000 to $11,000....$11,000 to $12,000....$12,000 to $13,000....$13,000 to $14,000....$14,000 to $15,000....$15,000 to $20,000....$20,000 to $25,000....$25,000 to $30,000....$30,000to $40,000....$40,000 to $50,000....$50,000 to $60,000....$60,000 to $70,000....$70,000 to $80,000....$80,000to $90,000....$90,000 to $100,000...$100,000 to $150,000..$150,000 to $200,000..$200,000 to $250,000..$250,000 to $300,000..$300,000 to $400,000..$400,000 to $500,000... .$500,000 to $750.000..$750,000 to $1,000,000$1,000,000 to$l,500,0C$1,500,000 to $2,000,00$2,000,000to$3,000,0C$3,000,000 to $4,000,00$4,000,000 to $5,000,00$5,000,000 and over..

0.0.0.0.0.

Classes grouped2. . . .

Grand total

10,48912,87216,14714,615

3628,830

1323,6941,661

993675454414262208185155132373216132163743019758

12212

$16,397,11819,460,86836,878,42236,353,7461,174,849

30,100,516568,023

16,313,6899,072,7446,423,7945,043,2753,845,0633,922,3212,747,0592,386,5872,302,5942,091,8271,906,8436,408,1464,825,1543,617,7635 630,3663,282,4061,650,9791,234,339

523,700417,074775,479

1,437,341332,731(2)(2)

1 j (2)

73,325

1,494,900

228,619,716

$21,589,00312,896,76840,869,47826,576,8851,019,435

18,411,656203,887

7,398,7073,526,5902,051,0341,455,047

926,100852,000534,913436,200357,600328,400267,600768,600432,800255,467341,900140,50057,36734,20013,8008,600

13,00023,0004,800

(2)(2)

(2)

6,600

141,801,937

$409,418133,412788,747347,840299,747519,302434,575731,190705,606859,494620,367629,883920,011716,582531,027541,651433,461489,534

1,737,8661,449,2821,078,3621,997,1431,224,856

477,577476 178134,278122,693550,623450,576124,311(2)(2)

(2)

638,576

20,574,168

$258,608

390,908

460,451

327,768194,840157,093146,664123,074134,55994,29888,91588135085,14076,489

272,519212,914165,128252,224157,89587,31357,49530,76922,67025,55977,20515,969(2)(2)

(2)

75,369

4,080,186

$6,58417,94426,42529,06038,94534,04634,99939,28240,77241,745

185,678199,871195,664406,440317,414203,228182,65790,39884,630

176,471405,535117,350(2)(2)

(*)

742,369

3,617,507

$258,608

390,908

460,451

327,768201,424175,037173,089152,134173,504128,344123,914127,632125,912118,234458,197412,785360,792658,664475,309290,541240,152121,167107,300202,030482,740133,319(2)(2)

(2)

817,738

7,697,693

H A W A I I .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001

1,1273,0051,4792,797

142

$1,739,0774,393,4193,465,8237,010,639

475,601

$2,457,2223,007,0563,952,3124,760, 856

392,377

$53,78426,729

186,49194,008

184,788

$55,579

89, £

$55,579

K9, 8£

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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86 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

H A W All—Continued.

Income class.

$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9;000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000.$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000to $250,000....$250,000 t o , 300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over.. . .Classes grouped2

Grand total

Numberof

returns.

2,19753

1,38536927616310290514437354284454539232412885

194

Netincome.

$7,580,702247,829

6,162,2202,017,2671,780,0441,218,259

859,337858,237530, 111503,839458,018472,034607,465

1,467,7401,016,5311,247,0251,376,8791,011,5411,315,803

774,339597,203680,895469,476

2,285,737648,667

2 | 699,120

1 i (2)

13,715

1,602,019

55,572,896

Exemption fromnormal tax.

Personalex-

emption.

Normaltax.

$4,356,332116,094

2,923,490791,94L583,068323,400209,628169,30095,78084,00071,80068,80077,900

157,46984,05075,90066,60031,80039,40017,6009,600

11,6009,800

26,0007,600

2,000(2)

4,000

24,984,775

Dividends.

$181,802 I169,600292,434235,141332,014328,916230,266358,136154,467205,986152,277217,707294,417614,673662,065710,069869,510648,552

1,107,276658,704480,739693, 804342,207

1,930,368541,029

410,280(2)

926,554

14,294,793

$121,977

118,38941,66338,65027,57722,32022,84818,13714,34315,13911,91517,20447,73324,82135,83234,57427,80523,38014,3734,8741,428

11,67339,3487,414

27,840

53,237

969,953

Surtax.

$1,5875,1706,4166,1818,6426,4137,3907,7179,274

13,34643,52142,87768,447

102,27096,797

161,406113,675102,808134,880103,310643,510225,294

337,465(2)

857,190

3,105,586

Totaltax.

$121,977

118,38943,25043,82033,99328,50131, 49024,55021,73322, 85621,18930,55091,25467,698

104,279136,844124,602184,786128,048107,682136,308114,983682, 858232,708

365,305(2)

910,427

4,075,539

IDAHO.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 t o $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000S 15,000 t o $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000

3,1666,1804,4165,998

1913,078

321,426

488272155876447261016174323105

21

$4,994,2869,335,526

10,225,69414,712,334

639,54010,586,017

150,5796,406,7602,678,6571,772,0721,167,597

737,337602,765493,940301,472124,383216,986244,698737,879504,542262,165164,513

107,644(8)

$6,852,1326,274,304

11,269,87810,268,855

590,9226,494,907

72,0123,007,613

981,781563,200314,480176,140119,40079,10046,20023,60032,20026,00060,00042,10013,0008,400

2,800

$170,65810,713

235,13064,415

189,328159,111104,587180,360243,519157,272266,43098,858

144,347126,29393,62616,05685,65344,043

206,512138,619137,240103,112

3,804

$123,856

177,462

158,031

129,26664,58146,44232,60422,93920,77718,2359,4615,3456,905

11,57236,02425,2959,9104,287

7,764

$1,7484,1995,8815,0855,9256,1124,5222,1204,2425,334

21,34020,49413,41811,208

12,890

$123,856

177,462

158,031

129,26666,32950,64138,48528,00426,70224,34713,9837,465

11,14716,90657,36445,78923,32815,495

20,654

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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STATISTICS OF INCOME. 87

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

IDAHO—Continued.

Income class.

$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000.$150,000 to $200,000...$200,000 to $250,000$250,000 to $300,000...$300,000 to $400,000$400,000 to $500,000 .$500 000 to $750,000$750 000 to $1,000,000$1,500,000 to $2,000,000$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped * . . . .

Grand total

Numberof

returns.

11

25,755

Netincome.

(2)(*)

$224,253

67,391,639

Exemption fromnormal tax.

Personalex-

emption.

(*)(s)

$5,400

47,324,424

Dividends.

(*)(*)

$121,612

3,101,298

Normaltax.

8

$12,625

923,381

Surtax.

(»)0)

$38,735

163,233

Totaltax.

$51,360

1,086,614

ILLINOIS.

$1,000 to $2,0001. . .$1,000 to $2,000$2,000 to $3,0001...$2,000 to $3,000$3,000 to $4,000i. . .$3,000 to $4,000$4,000 to $5,000!..$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000....$10,000 to $11,000...$11,000 to $12,000...$12,000 to $13,000...$13,000 to $14,000...$14,000 to $15,000...$15,000 to $20,000...$20,000 to $25,000...$25,000 to $30,000...$30,000 to $40,000...$40,000 to $50,000...$50,000 to $60,000...$60,000 to $70,000...$70,000 to $80,000...$80,000 to $90,000...$90,000 to $100,000..$100,000 to $150,000.$150,000 to $200,000.$200,000 to $250,000.$250,000 to $300,000.$300,000 to $400,000.$400,000 to $500,000..$500,000 to $750,000..$750,000 to $1,000,OOC)"$1,000,000 to $1,500,000.$1,600,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000$5,000,000 and over.Classes grouped8 . . .

Grand total . . . . .

43,502145,29488,519

118,3451,991

54,042379

29,93715,95410,0016,7414,5583,5222,6702,1141,6631,4531,1663,9802,0881,2801,314

67839124515910884

1883922101557

2

1

$71,447,177216,849,142204,141,369291,077,054

6,644,675183,943,138

1,586,722133,438,91887,159,16664,478,88350,375,54438,645,46933,382,33427,992,92424,279,70420,869,57819,599,45116,908,75567,086,37846,596,12534,982,56945,032,79230,148,04121,361,60115,869,52311,887,7569,203,9027,927,627

22,909,2566,787,2054,882,6462,814,2375,184,9282,204,9114,284,796

(s)

(s)

542,467

4,972,646

1,836,956,942

$91,204,258146,494,786226,294,268215,987,641

5,895,005113,755,367

758,20062,042,54432,844,19020,784,77413,763,2029,348,5997,105,5635,403,4174,307,5433,369,1812,889,4002,309,2207; 991,7874,066,7752,473,7842,504,4191,328,833

711.487428,250312', 000207,200155,400296,824

55,00033,00014,40022,600

7,2009,200

(*)

2,000

985,177,317

$1,116,260590,980

2,277,0641,272,4181,440,6752,999,1481,091,9033,147,4515,953,4885,407,6465,304,4355,077,5114,567,4894,072,8573,590,9733,657,6933,982,1533,535,251

14,683,41812,651,15410,543,10615,561,64710,913,5579,328,6538,148,8815,412,3354,531,1545,042,242

12,503,2514,941,6926,383,056

795,8433,786,1842,128,0694,047,757

(2)

(2)

* §2," 807," 1.33*

2,980,355

2,721,669

2,746,8722,023,4091,694,7361,567,8321,323,3021,267,9471,120,7281,026,478

886,202866,830743,567

3,066,8412,193,5101,673,4452,065,3621,404,735

897,950637,132506,064381,779325,294911,123189,293119,501157,980176,009280,410

96,819

(2)

(2)

4,623,761

195,111, 155

55,155

38,915,462

$61,328176,631259,467287,245330,185344,978357,304361,443384,818371,039

1,870,3071,925,8771,878,8:83,219,1772,920,2162,610,2112,332,1762,046;2271,824,4821,753,9176,581,0312,454,6351,936,4911,263,6412,494,1531,131,6432,346,839

(2)

(2)

2,969,412

46,493,741

$2,*867;i33

2,980,355

2,721,669

2,746,8722,084,7371,871,3671,827,2991,610,5471,598,1321,465,7061,383,7821,247,6451,251,6481,114,6064,937,1484,119,3873,552,3135; 284,5394,324,9513,508,1612,969,3082,552,2912,206,2612,079,2117,492,1542,643,9282,055,9921,421,6212,670,1621,412,0532,443,658

(2)

(2)

3,024,567

85,409,203

1 Nontaxable. Personal exemption and dividends exceed net income.* Classes grouped to conceal net income and identity of taxpayers.

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88 STATISTICS OF INCOME,

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL A S SE S—Continued.

INDIANA.

Income class.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to$7,000. . . . .$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000....$10,000 to $11,000...$11,000 to $12,000...$12,000 to $13,000...$13,000 to $14,000...$14,000 to $15,000...$15,000 to $20,000...$20,000 to $25,000...$25,000 to $30,000...$30,000 to$40,000...$40,000 to $50,000...$50,000 to $60,000...$60,000 to $70,000...$70,000 to $80,000...$80,000 to $90,000...$90,000 to $100,000..$100,000 to $150,000.$150,000 to $200,000.$200,000 to $250,000.$250,000 to $300,000.$300,000 to $400,000.$400,000 to $500,000.$.500,000 to $750,000$750,000 to $1,000,00$1,000,000 to $1,500,0$1,500,000 to $2,000,0$2,000,000 to $3,000,0$3,000,000 to $4,000,0$4,000,000 to $5,000,0$5,000,000 and over.

0100.100.w.00.00.

Classes grouped2

Grand total

Numberof

returns.

17,92546,42925,47852,150

49423,034

14811,0553,8052,0781,439

984740540453340276260755419209252133703724189

243231

189,587

Netincome.

$28,462,33569,989,23557,803,135

128,885,7421,553,104

78,789,169668,071

49,163,64620,694,80513,488,68210,758,9828,336,6337,031,2725,642,6755,187,1164,244,2613,721,3943,767,471

13,039,7379,289,9725,694,0368,638,9475,902,0503,822,4482,392,6971,786,2961,529,625

843,3062,931,093

491,518427,790(2)(2)

1,084,748

556,061,991

Exemption fromnormal tax.

Personalex-

emption.

$36,815,93646,692,40564,140,72394,172,7541,563,374

47,431,271266,636

22,312,6477,922,3264,336,4122,958,0512,035,2881,531,7001,116,200

926,000688,500568,400522,000

1,508,906818,964392,390502,200257,600135,00072,60044,50033,80018,40044,4005,2004,000

(2)(2)

Dividends.

$314,396259,514786,805777,57498,511

1,345,094456,459

1,226,5531,546,6031,350,0921,540,7981,232,9041,141,6801,088,8631,080,650

884,513780,204971,688

3,354,7912,714,4311,863,0392,986,4402,250,2641,067,278

935,785843,390596,591353.322873,472186,445

3,663(2)(2)

i

7,200

339,845,783

366,094

35,277,906

Normaltax.

$921,111

1,357,940

1,207,734

1,026,879469,660345,995307,400270,982245,999205,424193,965169,621152,389155,292544,092413,871258,246381,279273,566202,186104, 57673,71669,47639,456

162,52023,71432,729(2)(2)

62,036

9,671,854

Surtax.

$12,79938,01556,46763,02870,17369,05976,79772,65072,00182,273

377,415383,192305,105614,635567,826465,579351,541305,528302,565185,156811,921171,780171,694(2)(2)

481,071

6,108,270

Totaltax.

$921, 111

1,357,940

1,207,734

1,026,879482,459384,010363,867334,010316,172274,483270,762242,271224,390237,565921,507797,063563,351995,914841,392667,765456,117379,244372,041224,612974,441195,494204,423(2)(2)

543,107

15,780,124

I O W A .

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000

1 Nontaxablc. Personal exemption and dividends exceed net income.3 Classes grouped to conceal net income and identity of taxpayers.

12,66438,29117,81743,053

44929,164

16017 1037,5574,3062,8652,0061,5361,178

946724541486

1,367554248229

81

$16,767,57,751,41,468,

107,045,1,460,

905192974337348

101,848,642733,

75 981,495726

41,909,28127,880,21,417,17,007,14,576,12,354,10,855,9,044,7,282,7,038,

181172138562667459732432253

23,419,73112,285,6,756,7,735,3,587,

737482983772

$17,38,54,76,

1,58,

35,16,9,6 ,4,3,2,2,!,1,1,2,1,

721,087230,180201,180002,190296,234718,734442,773881,091268,121366,315108,664199,094244,875457,233000,232547,700140,660031,830903,929158,925488,800470,600153,200

$10,460249,152184,617909,642392,624

1,260,761316,294

1,535,0401,824,5331,324,9241,372,0901,201,5311,018,9931,034,267

917,209758,318780,063782,914

2,689,9341,807,8651,567,5452,338,9201,496,790

1

1

11

1

$787,190

,207,552

,669,918

549 531,020;831752,542691,639632,809604,479537,420500,608435,891350,142356,175

,234,980671,371344,978387,427149,753

$30,71082,623

112,435128,994144,523151,895158,449154,200142,063154,183670,715501,721361,602541,656345,103

1

1

11

11

$787,190

,207,552

,669,918

549 531,051,541835,165804,074761,803749,002689,315659,057590,091492; 205510,358

,905,695,173,092706,580929,083494,856

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STATISTICS OF INCOME. 89

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL. ASSE S—Continued.

IOWA—Continued.

Income class.

$50,0004o $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000...$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to$2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over

Numberof

returns.

3014786611

Netincome.

$1,631,976919,005516,534678,552573,847

8(2)

j

Classes grouped2 I

Grand total 183,398

1,031,674

631,560,789

Exemption fromnormal tax.

Personalex-

emption.

$61,00015,60014,2007,600

11,600

8

13,200

335,156,847

Dividends.

$666,186581,224199,971528,605192,698

1

360,855

28,304,025

Normaltax.

$69,06524,62624,05116,08328,596(2)(2)(2)

53,105

14,100,762

Surtax.

$198,424135,40287,023

134,004128,818(2)(2)(2)

311,685

4,676,228

Totaltax.

$267,489160,028111,074150,087157,414(2)(2)(2)

364,790

18,776,990

K A N S A S .

$1,000 to;$2,000 i$1,000 to $2,000$2,000 to.'$3,000 i$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000.$20,000 to $25,000.$25,000 to $30,000.$30,000 to $40,000.$40,000 to $50,000.$50,000 to $50,000.$80,000 to $70,000.$70,000 to $80,000.$80,000 to $90,000.$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $7 50,000....$750,000 to $1,000,000. -$1,000,000 to $1,500,000.$l,500,000to|2,000,000.$2,000,000to$3,000,000-$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

17,29818, 11113,71318, 533

36413,566

1048,7462,5161,8451,067

701507345259239157146439220122118563417793

13

$27,406,39827,414,38231,241, 93546,372, 7781,178,187

46,641, 733420, 293

39, 278, 68413,763, 36811,904, 8837, 963, 0925,94S, 0754, 812, 4383,610, 9772,973, 6602,982, 9102,114, 4432,118, 5217,516, 4114, 882, 9623,341,1044, 035, 3752,465,3041, 862, 8101,069, 620

523, 501748, 716284, 734

1,536,13,5

$38,066,02818, 211, 53635,138,35333,907,916

945, 41728,635,285

218,17318, 619,6945,385, 3673,987,1162,236, 2171,456, 8531,053, 932

691, 700542, 582489, 600315, 200297, 000883, 976429,600226, 800230,300

98, 40058,60033,60012,00012, 2003,400

21,800

$248,40655, 294

170, 331303,125479, 513508, 457206, 911

1,093, 429824, 951952, 730643, 911554, 059548, 664416, 039470, 431

453, 324450, 412

1,348, 8641,288, 010

903,148376,308539, 275205, 23779,047

210,002360

385,922

Grand total 99,255 306,413,429 192,208,645 15,133,155 5,723,516

$366, 843

"496,774

i, 7I6789, 941315, 757310, 824251, 692215,120184, 213147, 856121, 531129, 34488,71293, 594371, 904240, 901167,756225,198146,12999, 54162,80033,36844,00021,99896,010

$10, 66531,60741, 76945,15347,75944, 52444,03350, 36340, 91146, 720214, 547199, 686180, 789286, 739236,120227,414152, 66289, 913144,70663, 376428,421

2,627,877

$366, 843

"" 496,* 774

789, 941328, 422342, 431293, 461260, 273231, 972192, 380165, 564179, 707129, 623140, 314586, 451440, 587348, 545511, 937382,249326, 955215, 462123, 281188,70685,374524,431

8,351,393

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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90 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL AS SE S—Continued.

KENTUCKY.

Income class.

$1,000 t o $2,0001$1,000 t o $2,000$2,000 t o $3,0001.$2,000 t o $3,000$3,000 t o $4,0001$3,000 t o $4,000$4,000 t o $5,000 i$4,000 t o $5,000$5,000 t o $6,000$6,000 t o $7,000$7,000 t o $8,000$8,000 t o $9,000$9,000 t o $10,000$10,000 t o $11,000$11,000 t o $12,000$12,000 t o $13,000$13,000 t o $14,000$14,000 t o $15,000$15,000 t o $20,000$20,000 t o $25,000$25,000 t o $30,000$30,000 t o $40,000$40,000 t o $50,000$50,000 t o $60,000$60,000 t o $70,000$70,000 t o $80;000$80,000 t o $90,000$90,000 t o $100,000.. . .$100,000 t o $150,000...$150,000 t o $200,000...$200,000 t o $250,000...$250,000 t o $300,000 . .

$300,000 t o $400,000 . .$400,000 t o $500,000...$500,000 t o $750,000...$750,000 t o $1,000,000$1,000,000 t o $1,500,000$1,500,000 t o $2,000,000$2,000,000 t o $3,000,000$3,000,000 t o $4,000,000$4,000,000 t o $5,000,000$5,000,000 a n d o v e r . . .Classes grouped2

Grand total

Numberof

returns.

9,67219,56210,20416,998

3398,984

734,9371,8371,316

907573483331289250204143477265130138643616796521

78,258

Netincome.

$14,771,36429,042,37923,224,17442,015,643

1,122, 97030,726, 211

251,39722,052,50410,081,6758, 448, 4906,786, 5214, 858, 0474,578, 5693, 468,0203,322,5373,131,0462,754, 8032,074,1928,164, 9785, 890,2863,528, 2274, 769,9542,871, 5711,982,2911,004, 825

515,680776,680571,048581,644(2)(2)

511,504

243,879,230

Exemption fromnormal tax.

Personalex-

emption.

$19,516,43819,476,34925,893,45531,103, 864

954, 97718,926,053

155,12310, 212, 5853,781, 7182,728, 8111,889, 9041,169, 410

956,000674, 214560,157505,400420,500291, 200958,600509, 570253, 817271, 856125,60069,00024,8009,000

18,6008,9008,600

(2)(2)

5,000

141,479,501

Dividends.

$337,296263,417455,772361,364253, 699710,627131,103884, 910

1,178, 3991,155, 523

923, 522812,062876,321777, 793724, 857733, 802593, 795572, 277

2,322, 8771,703, 3831,165, 4362,150,6011,450, 020

983, 953567, 974

86, 259360, 601264, 546222,691(2)(2)

17,524

23,042,404

Normaltax.

$373,340

427,307

445,788

437, 649214, 489203,087193, 497152,158157, 950123, 230126, 380121,180118, 460

84, 319333,975262, 263151, 230186, 886119, 70479,63637, 85431, 92140,13622, 73627,472(2)(2)

38,622

4, 511,269

Surtax.

$8,65524,82234, 71136,73645, 55242,69548, 51053,96753,77445,369

233, 434242,938188, 874343, 855282,104239, 268141, 493

87, 469156, 053127, 503160,005

183,042

2,780, 829

Totaltax.

$373,340

427, 307

445, 788

437, 649223,144227,909228, 208188, 894203, 502165, 925174, 890175,147172, 234129, 688567, 409505, 201340,104530, 741401, 808318, 904179, 347119,390198,189150, 239187,477

8

221,664

7,292,098

LOUISIANA.

$1,000 t o $2, OOOi$1,000 t o $2,000$2,000 t o $3, OOOi

8,07814,80910,269

$2,000 to $3,000 j 12,245

10,05466

5,9152,2361,231

838530403355265212187141

$12,508,25321,489,03823,238,62431,350,512

867,98934,547,205

294, 75126,411,14212,226,1347,948,6256,240,2064,500, 0383,819,6013,716, 4083,053,1612,644,1702,515,9212,044,810

$3,000 to $4,0001$3,000 to $4, 000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6, §00$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000.......$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers,

$17,174,98514,896,30926,029,82220,902,344

769,59619,549,547

102,91111,444,4384,081,2642,111,1501,400, 801817,048608,100505,500391, 400312,000260,400204,539

$97,67683,865137,812260,321215,666583,613208, 283771,024986,768991,535797, 485870,663643,016743, 693587,051591, 706597,854588,900

$260,302

*4i7,'7i4"

"576," 296'

569,282301,844229,136203,098158,115153,471150,150132, 220114,912108,04190,887

$9,34022,96630,99034,85337, 80945,39744,98345,18848,77244,538

$260,302

576,296

569,282311,184252,102234,088192,968191,280195, 547177,203160,100156,813135,425

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STATISTICS OF INCOME. 9 1

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

L O U I S I A N A—Continued.

Income class.

$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000...$50,000 to $60,000...$60,000 to $70,000$70,000 to $80,000...$80,000 to $90,000$90,000 to $100,000..$100,000 to $150,000..$150,000 to $200,000.$200,000 to $250,000..$250,000 to $300,000..$300,000 to $400,000.$400,000 to $500,000..$500,000 to $750,000.$750,000 to $1,000,0(X$1,000,000 to $l,500,0($1,500,000 to $2,000,0($2,000,000 to $3,000,0($3,000,000 to $4,000, (X$4,000,000 to $5,000,CK$5,000,000 and over.

))0.K».X).)0.)0.

Classes grouped2

Grand total

Numberof

returns.

507239127152814333129

1119112

1

69,340

Netincome.

$8,714,3835,292,6253,547,3225,332,4783,616,1252,340,8932,148,053

888,470780,961

1,043,2652,516,122

(2)(2)(2)

(2)

1,47i, 860

237,109,145

Exemption fromnormal tax.

Personalex-

emption.

$694,367329,700168,700191,600103,50051,39738,40021,20012,00011,18322,200(*)(2)(2)

(2)

5,000

123,211,401

Dividends.

$2,404,8221,317,5401,014,1101,958,3081,104,607

563,316632,146287,164258,699343,041928, 094(2)

(2)

1,164,837

21,733,615

Normaltax.

$411,060265,296170,921251,602174,243136,135117,01351,15534,76142,050

125,087(2)(2)(2)

(2)

2i, 739

5,266,530

Surtax.

$250,597216,129194,455390,823352,185284,832318,434151,282156,616232,030770,704(2)

P>(2)

677,138

4,360,061

Totaltax.

$661,657481,425365,376642,425526,428420,967435,447202,437191,377274,080895,791

8(2)(2)

698,877

9,626,591

M A I N E ,

$1,000 to $2,000!$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000.$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 tO $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to$150,000....$150,000 to $200,000....$200,000 to $250,000....$250 000 to $300,000$300,000 to $400,000..$400,000 to $500,000....$500,000to $750,000....$750 000 to $1 000 000$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.

5,15213,5275,981

10,466218

5,51638

3,0211,029

6754412572131711361088871

2461177583322110854221

12

$7,996,79019,428,29413,634 78926,022, 740

713,63318,964, 236

175,29213,455,2345,643,8054,356,1043,291,9472,181,2842,020,8991,793,0391,567,1041,346,9771,184,3781,027, 7654,181,1482,572, 9552,036,4282,832,1311,453,3541,129, 772

652,216605,126417,824384,276

. 239,330326,495(2)

(2)(2)

$10,340,63813,553, 22214 922,98518,857,663

590,52811,676,469

51,1286,343,0972,161,1281,381,747

946,724524,027412,602331, 833260,160204,000165,600133,600469,049219,576138,600155,06560,80040,60016,24714,8008,2007,4003,2004,200

(2)

(2)(2)

$375,33181,538

925,775388,641183,715424,401217,383630,919592,748684,468523,483472,640441,716505,664498, 556369,460390,540265,380

1,254,0901,152,920

844,1251,286,452

808, 781639,802487,908349,177282, 299182, 51545,305

113,728(2)

(2)(2)

$239,910

301,392

296,723

261,361120,694101,33288,67161,47265,85759,55448,74147,98843,50440,773

167,12588,52978;187

107,98047,56633,27914,75518,93610,71416,10014,92416,365(2)

8

$3,85611,14016,01516,42119,98222,18823,30222,98723,07622,633

118,940104,519108,792201,862144,055135,61496,800

105,48581,18286,62667,471

113,857(2)

(2)(2)

$239,910

301,392

296,723

261,361124,550112,472104,68677,89385,83981,74272,04370,97566,58063,406

286,065193,048186,979309,842191,621168,893111,555124,42191,896

102,72682,395

130,222(2)

81 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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92 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

M A I N E - Continued.

Income class.

$2,000,000 to $3,000,000.$3 000 000 to $4 000 000$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

47,717

Netincome.

$1,820,181

143,455,545

Exemption fromnormal tax.

Personalex-

emption.

$6,000

84,000,888

Dividends.

$1,704,371

17,123,831

Normaltax.

$9,536

2,401,968,

Surtax.

$943,648

2,490,451

Totaltax.

1953,184

4,892,419

M A R Y L A N D .

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 l .$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to 15,000$15,000 to $20,000$20,000 to $25,000$25̂ 000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300 000$300,000 to $400,000....$400,000 to $500 000$500,000 to $750,000....$750 000 to $1 000 000$1,000,000 to $1,500,000$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped2....

Grand total

12,58444,13516,42032,410

59018,412

10,0742,9022,3141,5281,065

8076214823993202919605402973291811027151331243195

1

1

1

148,000

$19,722,30065,411,84337,813,88279,732,2032,006,198

62,863,415

44,723,62615,881,97414,910,93711,394,8589,025,4337,637,4066,492,5555,538. 7604,959,4094,317,4664,220,437

16,538,03912,013,8458,149, 894

11,293,4948,036,2595,545,6194,592,4523,802, 8482,777,8111,120,7015,347,4813,164,1811,102,078

(2)

(2)

(2)

2,058,044

482,195,448

$25,081,17843,896,55541,451,28954,264,5721,376,466

35,107,502

20,898,2345,730,1794,748,6793,169,3882,117,5691,600,8141,229,931

942,867776,014590,800559,300

1, 865, 7071,036,800

559,217619,047333,800183,400125,07890,40069,20021,40064,00031,38310,000

(2)

(2)

(V)

5,400

248,556,169

$701,309444,304602,991

1,086,824692,559

1,762,238

1,572,2591,646,1661,599,0991,556,0901,516,3121,372,137

987,120998,100

1,069,1041,093,8061,038,2503,995,5882,761,7562,634,1353,074,7082,384,6641,828,0891,806,5671,551,5691,120, 279

563,4442,667,7621,925,946

370,710

(2)

(2)

(2)

1,040,798

47,464,683

$879,010

985,833

1,041,137

885,080369,719378,770331,167299,046268,952254,732225,637200,372170,401179,056747,994582,375373,328562,817411,867265,833217,204178,430133,03651,750

222,351106,86656,840

(2)

(2)

(2)

80,238

10,459,841

$12,37238,63756,20568,40776,11579,41881,96584,00984,78592,441

480,489496,359441,899809,620777,374673,657675,675666,709543,761245,263

1,527,8121,116,635

448,796

(3)

(2)

(2)

1,150,989

10,729,392

$879,010

985,833

1,041,137

885,080382,091417,407387,372367,453345,067334,150307,602284,381255,186271,497

1,228,4831,078,734

815,2271,372,4371,189,241

939,490892,879845,139676,797297,013

1,750,1631,223,501

505,636

(2)

(2)

(2)

1,231,227

21,189,233

MASSACHUSETTS.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001

40,623102,05949,50190,0161,983

54,2141,149

$63,459, 814148,018,156111,637,340226,224,992

6,574,182 3,554,797187,632,535 110,873,901

5,147,042 2,158,5681 N on taxable. Personal exemption and dividends exceed net income.* Classes grouped to conceal net income and identity of taxpayers.

$81,229,936102,589,351121,316,331162,566,143

$3,603,1481,316,6405,392,1393,916,3524,135,6376,110,9144,457,072

$1,772,746

2,410,377

2,829," 402'

$1,772,746

2,410,377

2,829,402

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STATISTICS OF INCOME. 93

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

MASSACHUSETTS-Continued.

Income class.

$4,000 to $.5,000$5,000 to $6,000$6,000 to $7,000S7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000......$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over. . . .Classes grouped 2

Grand total

Numberof

returns.

27,3848,3574,9763,4532,5922,0301,546\, 2511,016

896746

2,5821,488

9911,120

57535423813811275

180502615175741

Netincome.

$121,449,96345,884,38232,182,55325,8,33,45121.970,25919,249,25716,206,83214,377,58612, 707,74312,108,03910,804,53944,397; 93633.117,26027,100,18038,633,73425,564,35219,282,74015,405,03710,251,5929,479,2347,095,354

21,782,1708,520,9465,765,9324,139,4665,751,4862,082,4884,173,044

(2)

$54,282,85316,799,0729,544,6246,671,9174,926,8203,865,3352,878,764

4,395,032

Exemption fromnormal tax.

Personalex-

emption.

2,;-!10.5501,026) 0711,675,8181,376,3244,765,1292,752,0311,519,9482', 048,1001,036,011' 629,964425,382249,800211,200126,800323,16079,60048,20029,20031,60011,00014,000(2)

9,200

401,770 1,368,406,648)705,157,500

Dividends.

$6,331,9955,932,3296,613,3505,775,9065,819,7905,004,6454,765,5404,490,7384,277,0503,890,5383,409,61516,796,02113,883,48511,798,68017,770,23212,340,13910,446,4679,073,3706,020,7584,502,3033,499,08014,215,2454,677,8032,666,6441,954,4123,245,050918,977

1,630,454(2)

1,740,991

222,423,509

Normaltax.

$2,431,844991,190726,806691,312634,544616,378525,712481,963439,666445,107408,988

1,658,4651,268,1311,050,7381,528,168982.268702,430557,689354,876394,748282,696773.269324,726261, 762182,868216,20091,433

204,150(2)

210,530

26,451,182

Surtax.

$29,86491,774136,240165,779190,675199,704212,033217,468237,056237,778

1,274,8831,363,2901,458,9452,766,1082,465,3972,340,8272,264,6411,750,0001,865,3771,572,8016,220,1553,047,2262,354,8521,846,3302,748,1071,054,5172,275,317(2)

2,530,668

42,917,812

Totaltax.

$2,431,8441,021,054818,580827,552800,323807,053725,416693,996657,134682,163646,766

2,933,3482,631,4212,509,6834,294,2763,447,6653,043,2572,822,3302,104;8762,260,1251,855,4976,993,4243,371,9522,616,6142,029,1982,964,3071,145,9502,479,467(2)

2,741,198

69,368,994

M I C H I G A N .

$1,000 to $2,000 1$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000 1$3,000 to $4,000$4,000 to $5,000i$4,000 to 15,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000

31,672100,64339,06271,7851,549

26,886414

11,1995,6923,4672,4391,6671,332962779632539437

1,3688134925242361359758

$50, ,238,191151,379,60788,865,810176,300,4165,238,92992,051,6591,800,578

49,781,36231,098,53222,391,86018,269,36814,133,03112,648,59910,091,2478,970,4847,881,9797,278,7226,336,85223,626,13118,200,14713,422,35317,875,73010,458,1297,447,6796,258,3554,323,049

$66,572,824102,199,05897,597,855130,403,2293,813,09856,314,002'754,353

23,591,46112,004,6927, 258, 8865,081,1393,437,6262,729,7641,949,2381,584,4981,291,3131,071,500872,302

2,740,4421,619,847952, 850

1,011,400461,061261,200187, 800118,400

$1,246,594413,520

3,333,8261,062,2942,591,2542,227,2611,420,5602,500,4692,841,5232,384,9692,638,4182,296,6882,171,2421,806,8781,902,6691,691,6401,857,3621,570,3176,441,2395,420,2674,512,9316,402,7174,260,3473,281,3912,724,8812,324,082

$1,954,845

1,811,707

1,348,244

959,640679,676561,488528,685452,352451,510378,425345,024312,543286,639258,995

1,011,406791,225598,707790,687447,697306,790256,861171, 764

$1,954,845

$23,79464,95591,915106,987126,008124,309132,849134,170141,317138,978686,342757,421721,049

1,263,6721,005,371919,793918,553742,904

1,811,707

1,348,244

959,640703,4 70626,443620,600559,339577,518502,734477,873446,713427,956397,973

1,697,7481,548,6461,319,7562,054,3591,453,0681,226,5831,175,414914, ti©8

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 98: Income 1920

94 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL ASSE S—Continued.

MIC H I G AN—C ontinued.

Income class.

$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000$500 000 to $750 000$750 000 to $1,000,000.$1,000,000 to $1,500,000.$1 500 000 to $2 000,000$2,000,000 to $3,000,000.$3 000 000 to$4 000,000$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

403673221337

2

305,075

Netincome.

$3,383,3893,447,6269,095,7413,848,3102,837,462

839,8802,401,696

13,456,335

895,679,238

Exemption fromnormal tax.

Personalex-

emption.

$73,60067,000

127,91334,66053,9726,600

12,400

2,400

526,258,383

Dividends.

$1,684,9452,011,6535,508,1892,900,1251,945,531

393,453965,838

13,205,330

99,940,403

Normaltax.

$130,860138,259334,04282,43069,96634,646

111, 791

Surtax.

$665,810774,959

2,651,7291,396,2701,150,107

376,4591,152,639

4,359

15,611,263

8,613,638

24,881,998

Totaltax.

$796,670913,218

2,985,7711,478,7001,220,073

411,1051,264,420

8,617,997

40,493,261

M I N N E S O T A .

$1,000 to $2,000 V$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4.000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to$150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000..$400,000 to $500,000....$500 000 to $750 000$750,000 to $1,000,000$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over...Classes grouped2

Grand total

13,23248,81621,15336,822

1,65914,106

3325,6733,2512,0431,515

967725583444358260224740412207244117694234182334741

3

154,118

$20,907,79970,838,15549,241,70490,438,8815,412,825

47,965,3141,524,556

25,306,02317,803,44713,204,93411,274,3608,193,5576,876,5756,096,5185,102,6854,469,2233,507,4483,249,617

12,711,3429,180,2215,641,2528,351,1215,287,1183,779,1862,716,3862,529,5331,536,4412,180,0964,166,0501,210,557

891,883(2)

(2)

1,617,434

453,212,241

$29,079,72748,928,42354,915,08768,920,7804,752,085

29,215, 201682,934

11,718,3276,83S, 1254,306,4473,236,4372,066,4751,530,8161,204,666

936,167757,156541,117462,800

1,502,710817,050426,000468,806216,400125,80080,60060,00027,40048,20059,20016,0003,000

(2)

(2)

9,600

273,953,536

$548,150434,486

1,430,9371,383,2391,159,7551,659,8041,035,9261,861,7241,660,6161,471,8291,267,1931,289,057

967,2601,231,907

975,6851,263,862

755,4281,043,6113,651,6602,922,5701,968,3044,201,0122,419,4471,850,4752,323,5141,458,304

977,7701,327,9403,754,682

748,3261,019,489

(2)

(2)

$857,329

805,480

686,501

470,242387,779328,935331,363259,863246,189218,766198,336172,157145,545128,126519,604390,414235,815298,591201,970145,68795,60180,88732,78163,75565,21540,6406,323

(2)

(2)

268,051

50,332,013

106,518

7,520,412

$13,27339,34856,76362,11268,33474,88274,98176,55368,73871,311

365, 867378,382301,844586,368514,675462,339398,456433,514303,517484,741

1,197,685436,481365,174(2)

(2)

814,119

7,649,457

$857,329

805,480

686,501

470,242401,052368,283388,126321,975314,523293,648273,317248,710214,283199,437885,471768,796537,659884,959716,645608,026494,057514,401336,298548,496

1,262,900477,121371,497(2)

(2)

920,637

15,169,869

1 Nontaxable. Personal exemption and dividends exceed net income.a Classes grouped to conceal net income and identity of taxpayers.

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STATISTICS OF INCOME. 95

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

MISSISSIPPI.

Income class.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$5,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000 ,$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000..$400,000 to $500,000....$500,000 to $750.000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4 000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped. ^

Grand total

Numberof

returns.

4,6105,3965,2035,461

973,384

731,613

6193872521801299280543640

12259384916101133121

1

28,022

Netincome.

$7,109,9608,221,318

11,925,42213,681,946

324,11011,627, 447

324,1597,201,1433,392,0282,499,4801,883,5281,523,7911,223,196

964,837915,394674,102484,968580,356

2,066,5321,325,7371,053,5551,703,087

709,129543,003731,048221,712262,059

(2)

( 2 )

781,305

83,954,352

Exemption fromnormal tax.

Personalex-

emption.

$9,428,3205,423,125

13,009,5099, 822,034

242,0007,118, 217

164,5603, 561,5071,331,571

811,683553,264392,600268,000193, 800171,400107,70073,00077,800

251,800120,80082,800

100,00030,60025,20022,600

5,0005,400

(2)(2)(2)

(2)

10,600

53,404,890

Dividends.

$133,70545,183

310,87393,368

249,369200,344287,048244, 551267,827217,304170, 826166,538165,711212,337192,936106,724108,456125,978473,581303,521215,682500,841194,645104,417191,732139,89364,064(2)(2)(2)

(2)

128,588

5,616,042

Normaltax.

$111,217

153,628

172,848

138,73575,58865,56357,45252,18444,27933,96434,71128,87321,25127,75194,09764,71153,08384,13035,95630,91239,8445,728

14,925(2)(2)(2)

(2)

49,863

1,491,293

Surtax.

$2,2727,1399,228

11,54912,18511,89913,40211,3739,508

12,78758,12955,48057,090

124,06768,37965,786

110, 74837, 76153,345(2)(2)(2)

(2)

271,787

1,003,914

Totaltax.

$111,217

153,628

172,848

138,73577,86072,70266,68063,73356,46445,86348,11340,24630,75940,538

152,226120,191110,173208,197104,33596,698

150,59243,48968,270(a)(3)(2)

(2)

321,650

2,495,207

M I S S O U R I .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000

25,46035,36620,98434,547

77017,272

2089,6004,2782,9412,0451,4251,083

826674575445378

1,233

$39,862,19252, 760,97247,814,57085,765,4232,542,436

59,418,363927,640

42,923,56423,306, 87719,029, 85915,291,01412,063,64310,286,5328,647, 8197,722,5737,172, 5696,000,1965,473,049

21,268,516

$52,062,11035,797,01951,605,68661,640,2111,807,918

35,605,304385,294

19,751,0428,768,5865,982,5414,155,3172,872,3172,169,0811,629,6601,347,7141,134,016

862,567715,861

2,389,633

$1,170,612208,512

1,865,090638,120

1,615,716892,735995, 452

1,485, 7212,371,5272,539,1512,538,0022,262, 7132,066,3592,035,9121,980,1361,753, 5881,800, 5181,508,6586,312,408

$675,262

"935," i85*

911,006

862,121509, 268467,722429, 862372,935347,286302, 814276,5*1279,33S224, 733220,014857,180

$19,61957,12280,77390,998102,380103,367112, 844122,751116,723119,831613,347

$675,262

**935*i85

911,006

862,121528,887524,844510,635463,933449,666409,181389,425402,089341,456339,845

1,470,5271 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 100: Income 1920

96 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

MIS SOUEI- Continued.

Income class.

$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000....$100,000 to $150,000...$150,000 to $200,000...$200,000 to $250,000...$250,000 to $300,000...$300,000 to $400,000...$400,000 to $500,000$500,000 to $750,000...$750,000 to $1,000,000$1,000,000 to $1,500,000$1,500,000 to $2,000,000$2,000,000 to $3,000,000$3,000,000 to $4,000,000$4,000,000 to $5,000,000$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

70438943320712179522819407315

1

162,199

Netincome.

$15,666,63410,648,08715,003,7249,241,1516,637, 7125,145,0563,895,3642,362,2811,790,3044,913,3211,192,147

659,084(2)(2)

(2)

2,697,506

548,130,178

Exemption fromnormal tax.

Personalex-

emption.

$1,327,970745,300820,129380,094219,700136,60092,20042,40036, 80071,20010,4005,200

(2)(2)

(2)

13,500

294,583,370

Dividends.

$5,144,6974,165,8076,184,3814,114,5633,805,7342,895,3712,359,2731,772,4871,227,9782,367,700

531,313474,925(2)(2)

(2)

587,705

71,672,804

Normaltax.

$657,008420,511605, 244374, 374222,354175,422141,11561,28756,045

208,47S53,59014,836(2)(2)

(2)

Surtax.

$648,177573,941

1,083,626897,631814,443763,658672,557463,278395,383

1,413,257426,170267,981(2)(2)

(2)

174,181

10, S35,752

1,079,092

11,041,949

Totaltax.

$1,305,185994,452

1,688, 8701,272,0051,036,797

939,080813,672524, 565451,428

1,621,735479,760282,817

(V)

1,253,273

21,877,701

M O N T A N A .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,000i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60 000 to $70 000-X70 000 to $80 000$80 000 to $90 000$90*000 to $100 000 .$100,000 to $150,000...Sti 50 000 to 1200 000$200,000 to $250,000...$250 000 to $300 000SnOo'oOO to $400 000$400 000 to S500 000$500,000 to $750,000...£750 000 to "SI 000 000$1,000,000 to $l,500,(XX$1,500,000 to $2,000,000$2,000,000 to $3,000,000

6,47613,6607,978

10,698207

3,68638

1,23852231318613491615330282369349

1523

$10,662,42521,148,28818,118,46126,162,720

702,74912,414,266

167,0425,443,7812,856,6732,008,6861,387,9191,132,901

862,378638,450607,584374,816378,227334,289

1,181,259750,346248,770531,16186,570

169,135

1

1

1

)

(2)

(2)

(2)

: : : : : : : : : : : :

$13,956,78713,746,46320,385,71317,807,659

604,4907,639,904

90,1102,594,8161,091,435

675,873401,050279,143184,400126,400107,20058,80054,60039,800

135,60062,80014,20027,2004,8006,000

(2)

(2)

(2)

$118,73942,014

109,315108,256153,432138,62691,612

226,460268,827251,070463,651192,546222,686166,776129,661124,29889,497

116,745431,283330,260198,186193,04$28,36023,173

(2)

(2)

(2)

$296,746

330,581

187,034

104,41062,63948,07638,75337,35127,24622,19823,53413,99615,80511,81038,41926,43810,74522,9323,955

10,716

(2)

(2)

(2)

$2,1065,1197,2567,6838,5517,9288,9346,4427,1937,406

36,57531,16013,59539,1748,116

21,359

(2)

(2)

(2)

$296,746

330,581

187,034

104,41064,74553,19546,00945,03435,79730,12632,46820,43822,99819,21674,99457,59824,34062,10612,07132,075

(2)

(2)

(2)

1 Nontaxable. Personal exemption and dividends exceed net incom e.2 Classes grouped to conceal net income and identity of taxpayers.

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STATISTICS OF INCOME. 97

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

MONTANA—Continued.

Income class.

$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.

45,557

Netincome.

$979,298

109,348,194

Exemptnorm<

Personalex-

emption.

$5,200

80400,443

ion fromil tax.

Dividends.

$931,702

5,150,224

Normaltax.

.. . .$2,972

1,336,356

Surtax.

$478,237

696,834

Totaltax.

$481,209

2,033,190

N E B R A S K A .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000i$3,000 to $4,000$4,000 to $5,000i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000..$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200 000 to $250,000..$250,000 to $300,000....$300,000 to $400,000..$400 000 to $500 000.$500,000 to $750,000..$750 000 to $1,000,000$1,000,000 to $1,500,000.$1,500,000 to$2,000,000.$2,000,000 to $3,000,000.$3,000,000to$4,000,000.$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped2

Grand total

12,22222,80612,02720,325

68212,162

327,1253,0551,9351,309

79267447135329122418149221913512137277

10832

1

1

97,729

$19,689,29034,240,46727,721,39051,173,9962,251,532

41,828,477131,427

31,896,23516,700,67312,514,3769,763,2536,713,8066,384,1334,950,4174,053,1073,631,2173,013,3032,617,7208,601,1264,855,7483,669,8064,105,3521,616,9211,458,849

439,349734,685690,540280,724(2)(2)

(2)

634,787

306,362,706

$27,032,58422;906,60831,310,27036,709,1822,042,398

26,026,88571,322

15,736,5396,704,2864,247,2172,882,5501,686,9001,436,258

973,600756,534603,000476,200355,200

1,037,800452,000267,600232,60073,40055,00014,60018,40016,8005,800

(•2)

( 2 )

( 2 )

7,800

184,139,333

$257,27757,440

313,978330,971483,659609,95395,836

499,492728,461702,096662,933586,606594,390542,099458,149340,283335,082378,395

1,256,397936,483

1,065,601909,444505,551408,13472,366

270,069233,601

4,513(2)(2)

(2)

310,700

13,949,759

$457,451

588,722

611,077

622,019379,623330,097305,022241,455246,383209,155174,849171,051144,385125,948437,132252,086174,564219,93286,98969,85226,21233,96133,61720,992(2)(2)

C2)

$11,03833,64847,74250,97260,63961,25759,42462,13758,07857,032

244,833199,120199,574289,963152,612175,89162,475

124,173138,80361,543(2)(2)

(2)

25,288

5,987,862

224,489

2,375,443

$457,451

588,722

611,077

622,019390,661363,745352,764292,427307,022270,412234,273233,188202,463182,980681,965451,206374,138509,895239,601245,74388,687

158,134172,42082,535(2)(2)

(2)

249,777

8,363,305

N E V A D A .

$1,000 to $2,000 1$1,000 to $2,000$2,000 to $3,000 1$2,000 to $3,000$3,000 to $4,000 1$3,000 to $4,000$4,000 to $5,000 1

1,1353,3731,2232,705

171,079

3

$1, 811,1585,243,0092,779, 5126,628, 958

55,0133,676,074

14,180

$2,492,532a, 414,3293,034,6034,480,283

54,0962,161,160

7,056

$9,4325,117

38,88213,2935,292

28, 2447,938

$73,071

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

85,211

"59," 330"

$73,071

85, 211

'59,330

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Page 102: Income 1920

98 STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCLASSES—Continued.

BY INCOME

N E V A D A—Continued.

Income class.

$4 000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000...$60,000 to $70,000$70,000 to $80,000..$80,000 to $90,000$90,000 to$100,000...$100,000 to$150,000....$150,000 to $200,000..$200,000 to$250,000....$250,000 to $300,000..$300,000 to$400,000....$400,000 to $500,000..$500,000 to $750,000....$750,000 to$1,000,000..$1,000,000 to $1,500,000$1,500,000 to $2,000 000$2,000,000 to $3,000,000$3,000,000 to $4,000,000$4,000,000 to $5,000,000$5,000,000 and overClasses grouped 2

Grand total

Numberof

returns.

428166806821231210686

123

3

10,381

Netincome.

$1 927,177903,796515,385503,000177,643220,546123,698115, 24274,629

107,14386,623

211,50064,163

99,485

Exemption fromnormal tax.

Personalex-

emption.

$841,320329,164150,000127,51237,00041,60024,40018,40011,40011,5009,800

19,8005,800

7,000

l

!

Dividends.

$42,29269,46362,10380,75645,70931,65726,67515,31714,52416,82350,55024,56035,315

159,740

!

25,337,934 17,278,755 783,682

Normaltax.

$41,58220,72713,57615,7995,6948,1153,3854,9233,1725,1073,179

11,3311,630

2,032

Surtax.

$5731,5112,4781,3402,2571,4601,7201,2671,9671,8966,3662,506

6,872

357,864 32,213

Totaltax.

$41 58221,30015,08718,2777,034

10,3724,8456,6434,4397,0745,075

17,6974,136

8,904

390,077

N E W H A M P S H I R E .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000

4,68711,1934,4347,343

4403,687

1851,735

58137224519912911392716247

1367939501911166

$7,098,97916,021,37510,277,39618,051,6681,498,652

12,717,314818,035

7,721,8863,173,0672,396,7761,838,3251,692,4341,224,0331,182,4251,058,507

886,522833,408681, 732

2,359,3351,753,0911,074,7211,731,176

854,532598,477

1,028,281456,107

$8,851,93011,272,93310,469,66512,939, 299

803,6717,832,740

290,9853,564,327i; 147, 993

726,804464,800374,491248,000214,166170,400131,200118,60087,321

252,800140,00067,40090,80041,00016,00028,00011,200

$1,243, 623152, 599

1,487, 565283, 963

1,002,095358, 281659, 438548, 782595, 820591, 713440, 641413,148303, 287426, 422407, 735358, 738351, 583291, 676

1,005,322783, 795501, 440927,472238, 479219,165745,224327, 501

$185,843

194, 261

181,844

141,88362,48750,74646,85448,75937,26534,55930,95327,20524,61620,98380,36059,70841,51359,66144,20828,42331,8638,943

$2,2746,9409,670

12, 73412,18414, 49115,65915,12816,06315,05568,08372,19358,691

125,31283,92473, 280

150,24579,822

$185,843

194,261

181,844

141, 88364, 76157, 68656, 52461, 49349, 44949, 05046, 61242, 33340, 67936,038

148, 443131, 901100, 204184, 973128,132101,703182,10888,765

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 103: Income 1920

STATISTICS OF INCOME. 99

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL AS SE S—Continued.

NEW HAMPSHIRE—Continued.

Income class.

$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 t o $200,000....$200 000 t o $250,000$250 000 t o $300 000$300'000 to $400 000$400'000 t o $500*000$500 000 t o $750 000$750,000 t o $1,000,000$1,000,000 t o l l , 500,000.$1,500,000 to $2,000,000.$2,000,000 t o $3,000,000.$3,000,000 to $4,000,000$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped 2

Grand total

Numberof

returns.

3252

35,983

Netincome.

$260,904188,519587,651366,211

Exemption fromnormal tax.

Personalex-

emption.

$4,6003,000

12,4003,000

Dividends .

$241,817174,950121,683245,785

Normaltax.

$1,768928

35,74913,970

Surtax,

$52,84341,624

163,128136,098

100,431,539 <i(), 379,525 15,449,742 1,495,352

Totaltax.

$54,61142,552

198,877150,068

1,225,441 2,720,793

N E W J E R S E Y .

$1,000 to $2,0001...| ] ,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000..$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000......$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to 160,000160,000 to 170,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to 14,000,000.$4,000,000 to $5,000,000.$5,000,000 a n d ove r . . . .Classes grouped 2

Grand total

25,75582,33634,27068,209

1,20238,347

24818,8536,5624,6693,1772,1581,6861,3551,026

795651559

1,8641,011

634646363205104805332852412543222

$41,515,683122,629,83578,322,758

169,064,4024,009,885

131,834,1401,097,774

83,623,82836,211,03030,151,88923,737,96218,277,23115,980,92514,186,94011,797,3659,906,9508,785,6098,103,658

32,120,39922,563,98517,343,02422,183,31916,177,32411,227,4346,699,71!)6,039,8994,441,1013,025, 791

10,286,9174,223,0462,627,2441, 404,0991,405,2671,423,1401,188,3941,616,7952,618,866

^51,772,58282,769,23585,152,366

120,304,1193, 0r)2, 512

7S, 606,799388,630

38,21S, 05513,497,4389,591,342(\ 565,6744,366, 8993,472,1532,685,1302,045.856J,590,6931,312; 7701,095,9533,691,1181,980,9571,265,6331,236,568

658, 882384,671205,941147,07198,97157,082

140,20039.40021', 8009,0008,4005,4004,6003,2002 00(1

6,989 1977,853,627 516,449,080

$894,8381,074,3421,690,3291,984,5311,556,7462,288,263

881,4133,543,9132,953,8243, 392,5372,770,0772,442,8372,571,4732,806,6762,231,6921,961,7481,926,8181,722,9277,974,4846,158,6305,102,7787,996,9327,084,4864,709,9682,350, 8032,353,9031,621,2381,646,3385,412,2412,019,2781,583,334

489,703660,258686,490

1,113,1641,891,4981,751,601

101,302,111

$1,563,345

*i,"886,"i86*

"2," 037," 596"

1,668,958824,186763,007709,600619,060586,626540,769470,610409,965365,596358,237

1,431,3701,053,491

831,7561,015,433

739,387489,059326,891288,518224,157119,578405,162178,184125,63972 46657,04157,8245,128

92,401

20,317,226

$1,563,345

$26,48781,613

122,608137,907157,997174,085173,943168,888171,718177,920924,607932,158933,056

1,579,2381,564,2031,371,779

979,8541,051,045

864,740671,064

2,899,5171,537, 2351,066,469

630,010679,358742,108647,592921,769

1,569,283

22,958,251

1,886,186

2," 037," 596

1,668,958850,673844,620832,208756,967744,623714,854644,553578,853537,314536,157

2,355,9771,985,6491,764,8122,594,6712,303,5901,860,8381,306,7451,339,5631,088,897

790,6423,304,6791,715,4191,192,108

702,476736,399799,932652,720921,769

1,661,684

43,275,477

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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100 STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCLASSES—Continued.

NEW MEXICO.

BY INCOME

Income class.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2 000 to $3 000$3,000 to $4,0001

$3 000 to $4 000$4,000 to $5,0001$4,000 to $5,000..$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60 000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100 000 to $150,000$150,000 to $200,000$200,000 to $250,000.$250,000 to $300,000.$300,000 to $400,000...$400 000 to $500 000$500,000 to $750,000$750 000 to $1 000,000$1 000 000 to $1 500 000$1,500,000 to $2,000,000$2 000 000 to $3 000,000$3 000 000 to $4 000 000$4,000,000 to $5,000,000.$5,000 000 and overClasses grouped2

Grand total

Numberof

returns.

1,3393 0772,5563 484

981 686

20644258163756045242916107

32178521

13,656

Netincome.

$2,167,5844 761 5235,892,4478 611 340

328,4955 789 927

88,8592,845,3451,406,9251,050,795

556,711506,358425,965248,789334,829198,812133,976101,758544,493372,797224,692176,775(2)(2)

i53,925

36,923,120

Exemption fromnormal tax.

Personalex-

emption.Dividends.

$2,915,993 $19,8243 115 266 5 8906,596,4366 090 865

272,7903 565 500

59,5801,346,834

515,130308,300141,000115,80086,80044,40051,40024,20018,00011,80048,60026,4009,2006,600

(2)(2)

4,000

25,374,895

77,36633 94174,82086 79150,17180,85287,67683,22592,32873,55251,89133,61474,01157,33152,47935,458

223,655110,676117,000138,006(2)(2)

Normaltax.

$65 094

99 905

85 770

57,05733,24729,23015,88616,75317,01210,83713,3327,3494,1903,406

16,86016,1236,6546,658

(2)(2)

Surtax.

§i,1373,0852,8973,9834,2102,9305,6693,3762,5972,248

14,43215,09912,50513,086(2)(2)

; ; ; ; . ; ; ;

117,638

1,778,1952,230

507,593

17,726

104,980

Totaltax.

$65,094

99,905

85,770

57,05734,38432,31518,78320,73621 22213,76719,00110,7256,7875,654

31,29231,22219,15S19,744(2)

(2)

19,956

612,573

N E W Y O R K .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $o,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000

93,115277, 42592,405

244,3763,144

138,604797

72,01830,16418,73812,9738,9737,3015,4354,5673,6383,1762,6899,2175,138

$144,402,441412,449,358210,818,780603,190,628

10,533,143476,926,150

3,598,304321, 898, 80S105,320, 416121,257,70497,239,20776,402,83969,552,65S57,198,05952,757,67745, 874,75142,926,65339,023,783

159,281,685114,998,314

$186,888,966277,936, 828227,326,973419,996,510

7,540,373282,364,570

1,306,172147,048,66061,107,18337,596,07525,6S2,33417,612, 21014,234,50810,448,7498, 845,1677,005,4536,139, 8685,058,101

17,396,2229,595,139

$3,924,2712,585,5866,753,4387,080,3274,411,1858,507,7562,990,469

12,191,66813,071,29213,380,18712,067,88712,696,26011,745,00910,622,45210, 476,52110,242,64010;141,3198,561,039

42,030,34434,582,020

$5,375,169

7,136,949

7,476,342

6,568,5073,854,9693,170,2192,997,9412,604,0302,582,6672,245,0152,173,3581,948,2471,853,7021,739,5277,311,8755,397,500

$5,375,169

$112,730348,733511, 833581,430698,462712,083785,824799,513845,590859,592

4,608,8924,769,036

7,136,949

7,476,342

6,568,5073,967,6993,518,9523,509,7748,185,4603,281,1292,957,0982,959,1822,747,7602,699, 2922,599,119

11,920,76710,166,536

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to canceal net income and indentity of taxpayers.

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STATISTICS OF INCOME. 101

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL A S SE S—Continued.

NEW YORK—Continued.

Income class.

$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000to $750,C00....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4 000 000$4,000,000 to $5,000,000.$5,000,000and over . . . .Classes grouped2

Grand total

Numberof

returns.

3,2683,7822,1321,254

841566401290693206101566028341011222

2

1,047,634

Netincome.

$89,417,482130,219,10094,943,04068,548,35154,437,44942,233,63633,990,11127,580,00084, 444,66634,911,58522, 466,23815,429,67520,679,58012,511,50720,687,9408,318,784

12,449,4343,566,9775,566,5046 106 637

16,463,642

4,030,623,696

Exemption fromnormal tax.

Personalex-

emption.

$6,056,3946,889,6723,824,3312,206, 8271,525,9011,005,750

691,300517,344

1,189,184331,800151,70094,40086,40033, 80036,00013,20010,9001,0002,0001 200

4,200

1,795,803,364

Dividends.

129,397,20844,477,92137,507,40828,822,97522,576,66717,555,89915,201,60511,742,94942, 820,70617,012,30717,203,69011,092,24016,475,19112,191, 80816,215,3924,236,4167,957,6604,635,4014,620,0638 334 601

23, 816,298

631,956,075

Normaltax.

$4,277,1306, 204,4104,472,6793,217, 8992,608,4252,071,1311,564,9791,315,9203,794,3181,512,116

779,244633,705713,043291,456419,654351,771463,305

9,226143,178

99,279,606

Surtax.

$4,812,7169,311,5339,179,5598,359,9798,004,4837,250,1366,696,0926,149,696

24,157,48612,394,1199,149,2986,878,3689,894,3786,185,600

11,135,4984,759,1197,361,4892,124,4393,485,2473 836 334

10,568,387

187,327,674

Totaltax.

$9,089,84615,515,94313,652,23811,577,87810,612,9089,321,2678,261,0717,465,616

27,951,80413,906,2359,928,5427,512,073

10,607,4216,477,056

11,555,1525,110,8907,824,7942,133,6653,628,4253 836 334

10,568,387

286,607,280

N O R T H C A R O L I N A .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000to $150,000....$150,000 to $200,000....$200,000to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.

5,10911,5307,2649,420

4215,991

1292,7611,042

795554370309224199141119122309142105111702223178

1012352

11

1

$8,201,62817,098,30616,921,39023,477,9091,417,337

20,682, 854552, 007

12,307', 6925,722,5685,142, 2424,135, 4353,135,6912,929,3642,352,7612,274,2361,758,1731,607,7931,762,5175,283,2803,191, 4452,862,4673,818,41<J3,135, 27: J1,204,28,51,485,7761,265,697

678,997949,793

1,479,260534,7J 4

1,077,871556,239

$10,611,09611,656,84918,465,64216,957,0241,154,508

13,040,581282,141

6, 230,8292, 239,7321,759,1601,182,121

778,340659.51747i; 795416, 817299, 850255,000257,200642,545292,600219, 800244,400144,20044,33342, 80031,00014,00021,20020,2005,0008,4003,000

: : : : : : : : : : : : : : : : : : : : : : : :

(2)(2)

cv)

(2)(2)

(2)

$441,58345,013

649,784266,765458,349485, 099320,700511,104849,323713,160648,064753,378683,320620,309690,379431,989366,573470,332

1,705,371i; 109,1271,246,8011,584,0431,574,252

630,990646,254460, 850491,642348,914833, 848317,619986,408632,523

(2)(2)

(2)

$218,744

250,194

281,690

226,293116,350116,006113,31986,56791,17081,23380,22362,64269,28667,578

212,521128,56699,216

151, 830117, 89040,30362,09759,12517,29346,06961, 80821,72221,05610,904

(2)(2)

(2)

$4,73013,96921,27923,74029,20529,12733,07530,28533,93739,191

155,334133,089153,788274,654305,575147, 420218, 470217,149134,103211,604427,335195,970434,273248,763

(*)(3)

(3)

$218,744

250,194

281,690

226,293121,080129,975134,598110,307120,375110,360113,29892,927

103,223106,769367, 855261,655253,004426,484423,465187,723280,567276,274151,396257,673489,143217,692455,329259,667

81 Nontaxable. Personal exemption and dividends exceed net income.* Classes grouped to conceal net income and identity of taxpayers.

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102 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL AS SE S—Continued.

N O R T H C A R O L I N A — C o n t i n u e d .

Income class.

$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and over . . . .Classes grouped2

Grand total

Numberof

returns.

47,342

Netincome.

$4,796,414

163,799,837

Exemption fromnormal tax.

Personalex-

emption.

$3,000

88,454,680

Dividends.

$1,507,503

23,481,369

Normaltax.

$273,748

3,185,443

Surtax.

$2,919,167

6,435,232

Totaltax.

$3,192,915

9,620,^75

N O R T H D A K O T A .

$1,000 to $2,0001..$1,000 to $2,000....$2,000 to $3,0001..$2,000 to $3,000....$3,000 to $4,0001..$3,000 to $4,000....$4,000 to $5,0001..$4,000 to $5,000....$5,000 to $6,000....$6,000 to$7,000....$7,000 to $8,000....$8,000 to $9,000....$9,000 to $10,000...$10,000 to $11,000..$11,000 to $12,000..$12,000 to $13,000..$13,000 to $14,000..$14,000 to $15,000..$15,000 to $20,000..$20,000 to $25,000..$25,000 to $30,000..$30,000 to $40,000..$40,000 to $50,000..$50,000 to $60,000..$60 000 to $70,000$70 000 to $80,000... .$80,000 to $90,000$90,000 to $100,000....$100,000 to $150,000$150,000 to $200,000$200,000 to $250,000$250,000 to $300,000$300,000 to $400,000$400,000 to $500,000$500,000 to $750,006$750,000 to $l,000,(X$1,000,000 to $1,500,$1,500,000 to$2,000,$2,000,000 to $3,000,$3,000,000 to$4,000,$4,000,000 to $5,000,$5,000,000 and overClasses grouped2

ooo.000.300.300.300.

Grand total

2,7265,8314,3505,007

2812,927

611,655

454255167106805038483117683111132

$4,317,3628,775,196

10,108,60412,438,054

971,35710,059,268

266,2497,332,7162,507,3361,645,2141,243,287

899,785754,059525,501434,957595,688417,365244,940

1,148,870682,057296,498432,26091,811

. . .

24,203 66,188,434

$5,926,7005,831,335

11,205,7408,813,832

813,8526,206,447

158,8603,500,959

990,671572,200380,400231,505164,400106,00077,100

104,90060,25039,000

147,40459,40021,40027,2003,400

45,442,955

$103,36941,472

358,75587,912

226,950205,029142,644336,623248,166179,159116,970144,091131,757107,172111,485137,152130,92229,698

261,005222,972144,77140,62642,590

3,551,290

$116,749

142,188

147,140

143,61152,90638,48135,15328,15326,02318*41814 ,M21,77014,24911,50549,33028,3459,810

26,9683,270

928,230

$2,0854,8826,4256,9207,3896,4836,2739,8757,9595,332

31,91627,38215,72729,7369,187

177, 571

$116,749

142,188

147,140

143,61154,99143,36341,57835,07333,41224,90120,43431,64522,20816, 83781,24655,72725,53756,70412,457

1,105,801

O H I O .

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000!$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001 ,

54,224114,16660,216

110,1942,704

47,660958

6,156,775172,320,426137,547,668272,172,179

9,179,345163,032,083

4,323,124

$109,735,228115,157,975149,477,452197,599,0406,391,11499,661,1581,458,283

$4,320,832833,543

4,717, 7522,496,9884,244, 9733,495,3203,546,469

$2,260,391

2,902,977

2,405,174

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

$2,260,391

2,902,977

2," 405*174

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Page 107: Income 1920

STATISTICS OF INCOME. 103

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

OHIO--Continued.

Income class.

$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000,..$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to$500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped2

Grand total

Numberof

returns.

20,8568,9405,8753,9392,8162,2541,7261,4271,100

897823

2,6371,373

8869695132751731164954

10127195

11483

447,998

Netincome.

$93,171,44148,891,99737,995,77929,441,49623,878,21521,376,17818,086,55916,405,21213,713,93112,097,81511,920,95245,292,36330,599,20424,212,85133,426,55422,875,35415,000, 93811,159,6808,727,7174,122, 9905,088, 585

11,822, 7324,607,8774,259,4051,710,7333,664,9331,738,6984,785,5522,580,662

Exemptnorm

Personalex-

emption.

$43,750,57618,270,54312,131,544

8, 111, 5905,711,0904,575,2573,421, 7672,869,6432,143,2651,788,5201,592,1375,108,9362,576,5961,682,992.1,788,197

951,200499,383317,400221,60088,30092,400

181,87648,40028,2009,000

18,4006,0007,0005,800

ion fromal tax.

i

Dividends.

$4,556,2336,169,1255,545,7915,679,3694,947,3974,736,6434,553,5084,212,0063,950,8563,608,3153,912,335

15,445,82919,322,1278,898,426

• 14,683,94612,347,3688,134,3026,827,6424,756,3432,210,6473,231,1308,366,9402,180,0693,608,1721,552,4563,467,426

882,5105,101,444

868,686

j !

1,407,388,003 7 9 7 , 4 7 7 , 8 6 2

Nor ma!tax.

$1,813,9091,039,653

899,519797,040710,339687,022617,962582,431487,112442,515439,460

1,745,9551,195,666

978,5101,324,187

838,896528,553325,478336,307152,536163,949419,276193,44097,80527,02577,93080,03867,986

135,702

1Ii

197,442,918 24, 774,743

Surtax.

$36,863109,446155,068181,017212,352222,796241,286234,137235,664263,609

1,300,7901,264,3361,301,9282,405,5512,219,4311,827,2031,636,2311,513,069

807,2141,124,3033,331,8481,647,9471,741,035

772,3761,742,518

889,4202,610,8321,482,155

31,510,425

Totaltax.

$1,813,9091,076,5161,008,965

952,108891,356899,374840,758823,717721,249678,179703,069

3,046,7452,460,0022,280,4383,729,7383,058,3272,355,7561,961,7091,849,376

959,7501,288,2523,751,1241,841,3871,838,840

799,4011,820,448

969,4582,678,8181,617,857

56,285,168

O K L A H O M A .

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000!$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000

7,74215,53411,07318,234

489

%5,9062,5492,3051,062

77258845536827320919760926917017097543320

$12,606,76924,333,35825,499,02545,971,1121,637,599

43,106,685'306,483

26,377,86513,950,81115,085,2527,909,4876,543,0145,580,9704,762,1404, 224,2233,401,5182, 820,44t>2, 856,612

10,426,3126,029,36.54,643,9815,917,1854,310, 9002,948,8682,115,9421,484,191

$16,853,93615,603,74127,976,70133,128,271

1, 281,19325,993,058

222,92312,439,0985,353,6024,52L, 4762,106,970

555,200L85,100922,184764, 700529, 858410,334398,000

1,219,700520,000350, 267339,600194,600104,80059,40036,200

1,

$86,37650,107

588,491194,459457,212334,188109,698337,418800,360787,176693,304618,405477,325514,208442,225415,097293. 894216,369

1,447,246757,314569,003

1, 216,564784,169721,123271, 796891,803

$347,149

"506," 198"

669,746

543,586323,985443,883264,825241,147227,605204,752188,987164, 834139,279148,311544,529341,367272, 443340, 992258,678177,379136,45681,187

$11,94246,25340,29949,41055,38858,35761,69257,58754,77362,120300, 814250,642250,758429,727417,004359, 888307, 703253,751

$347,149

""506; 198

9,746

543,586335,927490,136305,124290, 557282, 993263,109250, 679222, 421194, 052210, 431845, 343592, 009523, 201770, 719675, 682537,267444,159334,938

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 108: Income 1920

104 STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCLASSES—Continued.

O K L A H O M A — C o n t i n u e d .

BY INCOME

Income class.

$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250 000 t o $300,000 .$300,000 to $400,000..$400,000 t o $500,000....$500,000 to $750,000....$750 000 to $1,000 000$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000$5 000 000 and overClasses grouped2

Grand total

Numberof

returns.

239

2992

14

81,785

Netincome.

$1,950,810837,392

3,602,2001,497,151

463,045

(2)(2)

2,590,074

295,790,791

Exemption fromnormal tax.

Personalex-

emption.

$38,40013,60061,80016,8003,400

(V)(2)

11,800

154,216,712

Dividends.

$249,69380,055

470,6181,124,101

92,417

Normaltax.

$126,82458,148

242,48954,85729,058

(*)(2)

(2)(2)

81,990

16,174,204

198,868

7,277,562

Surtax.

$384,099182,364

1,014,301527,997158,529

(2)(2)

935,251

6,270,649

Totaltax.

$510,923240,512

1,256,790582,854187,587

(2)(2)

1,134,119

13,548,211

OREGON.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400 000 to $500 000$500,000 to $750,000....$750 000 to $1 000 000$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000$4,000,000 to $5,000,000.$5,000,000 and over. .Classes grouped2

Grand total

6,45522,4686,399

15,707256

7,103109

4,2681,410

90353038629319415313610796

27613091793025982163131

2

67,640

$10,074,36833,419,52314,545,93938,405,594

916,59024,324,034

488,93118,927,0297,709,7105, SI 2.6213,970; 9003,266,9432,777,3612,034,6111,755,0171,693,9481,446,8621,392,6544,768,8462,907,1682,476,5932,669,5821, 289,7491,345,802

571,325597,690166,496

712, 253534,093

800,501

1,159,691

$13,762,72822,713,03216,027,58325,736,914

553,68714,166,355

161,3398,831,0012,968,6071,924,5081,115,058

793,560623,6004(36,400310,200288, 800221,600187,600569,200271,600174,400156,40058,60038,20018,00016,4002,000

11,6004,400

6,400

4,800

689,857 3.000

193,652,281 112,127,572

$64,536125,374255,30150,325

553,815282, 853385,802318,914531,840375,093390,477409,142342,782213,421215,174282,512245,365275,116933,015708,101672,255

1,031,963457,328565, 682294,659348,45980,392

601,114393,086

130, 211

83,333

$429,818

505,869

396,303

391,606174,822154,087123,366112,475104,58285,71376,29272,55763,65160,517

223,795139,220120,811112,00856,17357,99419,38111,4826,253

7,42812,546

52,230

84,916

572,813 10.179

12,190, 253 3,666,074

$6,14915,68121,00324,62427,55425,11025,73928,99228,43730,743

138,658119,719132,975186,842119, 065161,90282,409

102,93932,198

199,431'95,622

352,830

629,222

295,093

2,982,937

$429,818

505,869

396,303

391,606180,971169,768144,369137,099132,136110,823102,031101,54992,08891,260

362,453258,939253,786298,850175,238219,896101,790114,42138,451

206,859208,168

405,060

714,138

305,272

6,649,011

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

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Page 109: Income 1920

STATISTICS OF INCOME. 105

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL A S SE S—Continued.

P B N N S T I J V A N I A .

Income class.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped 2

Grand total

Numberof

returns.

86,088 $137,418,483 $175.177,093104,896138,022

4,62067,497

1,13535,26912,9689,1066,2934,3763,5712,6502,1901,7861,4781,2554,1082,3161,5021,629

92855534225118712228718248323012173

Netincome.

, ,263,636,910241,083,711340,328,30915,481,250

230,602,9304966892

, ,4,966,

156,806,70,766,58,841,47,034,37,096,33,864,27,781,25,144,22,291,19,933,18,180,70,743,51,702,40,991,56,013,41,350,30,336,22,275,18,760,15,853,11,541,34,483,14,320,10,844,8,641,

10,486,5,203,

10,201,2,534,

Exempt ion fromnormal t a x .

Personalex-

emption.

1 ,26o,239,

12,140,

2,74',26',.18,12,8,754,3,2

1,1

C2)

4,632,038

11-8,608941,026210.979104,817467,489019,836002,2579-^9,358552,682697,408778,621772,675133,870286,759348,597525.980893,420438,362015,384475,284815,478984,453726,389022,558635,491443,500339,200249,800496,794139,465179,60056,00051,60020,40025,0003,200

Dividends.

4, 200

$6,272,9791,856,0056,669,2963,785,2194,957,9754,830,6833,651,1597,609,4476,767,376

10,178,6066,924,3516,278,3296,368,9345,460,4985,317,7455,151,9294,478,9484,538,551

19,558,34815,895,86014,373,02321,443,40616,702,04813,280,7919,800,0869,186,4127,837,5984,252,459

16,694,7847,652,4105, 502.8895,070^895,475,8072,251,0009,769,1551,825,073

3,355,610

672,746 2,212,178,029 l,*2O2,866,54o| 291,025,778

Normaltax. Surtax.

$3,375,049

3,913,020

3,429,477

3,058,1771,577,5191,457,8971,354,7621,183,7331,165,6871,026,782970,812881,480819,655745,662

3,046,6182,326,8501,829,4562,492,4741,825,1061,315,073

930,392737,840659,351554,551

1,487,148552,909417,921344,912434,040258,491140,83274,343

245,081

44,633,100

Totaltax.

$3,375,049

3,913,020

3,429,477

$55,096164,991244,218281,618336,298!342,424!371,298!382,168:

3,058,1771,632,615\, 622,888,598,980,465,351,501,985,369,206,342,110,263,648

388,875! 1,208,530399,399 1,145,061

2,036,070 5,082,6882,136,202 4,463,0522,200,153 4,029,6093,994,072 6,486,5464,023,764 5,848,8703,699,290) 5,014,3633,291,518| 4,221,9103,235,165! 3,973,0053,126,142| 3,785,4932,559,573: 3,114,1249,762,60311,249,7515,190,6921 5,743,6014,467,433 4,885,3543,804,978 4,149,8905,061,532 5,495,5722,660,3251 2,918,8165,571,7061 5,712,5381,452,441! 1,526,784

2,877,845; 3,122,926

74,117,889 118,750,989

RHODE ISLAND.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000

7,16917,2004,61710,498

6165,433190

2,909817619476353272224181144126118371

$10,713,80724,776,95710,712,19525,848,0342,145,31518,695,987

873,70612,949,8004,492,1833,961,3303,566,0462,995,7712,579,2172,346,3462,080,0121,798,7081,697,8901, 709,0806,404,027

$13 721 58617, 217,78510 946 38917 968,5891,313,446

10 816 680269,726

,5 8,83 7601,599,5601,162,244909,530649,468538,494427,290344,100279,400227,937217,215688,504

$876,843205,985

1 407 616530,197

1 214 322681 614755,202917 339671,160769,679782,923937,641622,434757,025488,790532,583565,625632, 872

2,587,067

$299,654

296,329

287,757

249 03995,05492,93795,17681,06282,45973,33975,32462,55760,35957, 803234,433

$3,97511,74618,89422,79325,68129,35230,64330,84133,22437,622185,600

$299,654

296,329

287,757

249,03999,029104,683114,070103,855108,140102,691105,96793,39893,58395,425420,033

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 110: Income 1920

106 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS-DISTRIBUTION BY INCOMECLASSES—Continued.

R H O D E ISLAND—Continued.

Income class.

$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000, .$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000 . .$90,000 to $100,000$100,000 to $150,000....$150,000 to$200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5 000 000 and overClasses grouped2

Grand total

Numberof

returns.

2021371689351311815173113

542

1

53,128

Netincome.

$4,508,7943,737,6195,827,2404,167,8952,773,3871,984,1941,346,4911,262,3981,621,5313,813,3522,227,6941,053, 0891,373,1181,435,259

898,616(2)(2)

Exemption fromnormal tax.

Personalex-

emption.

$371,817247,275289,328165,400SH, 20046,40030, 80026,60025,20050,40018,8007,6027,4003,0003,775

(2)(2)

Dividends.

$2,151,1431,751,9442,972,3692,207,9811,533,4571,009,390

807,934683,744

1,098,7202,173,4911,488,634

413,9151,162,0121,825,709

671,544(2)(2)

Normaltax.

$157,181137,606197,576148,62694,43968,68147,95642,61643,762

130,98570,14349,70325,3449,684

34,015(2)(2)

Surtax.

$187,377200,793422,872407,356337,151288,498232,261247,113362,339

1,099,749799,141419,403611,421698,252463,148

i ! 1 ' '

1,926,902

180,303,990

5,000 1,739,508

86,568,700

12,571

30,628,412 ! 3,414,170

1,063,748

8,270,993

Totaltax.

$344,558338,399620,448555,982431,590357,179280,217289,729406,101

1,230,734869,2844S69,106636,765707,936497,163(2)(2)

1,076,319

11,685,163

S O U T H C A R O L I N A .

$1 000 to $2 000 1

$1 000 t o $2,000 . . .$2 000 t o $3 000 i$2,000 t o $3,000$3 000 t o $4 000 !$3 000 to $4,000 . -$4 000 to $5 000 i$4 000 to $5 000$5* 000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000.$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000$750,000 to $1,000,000..$1,000,000 to $1,500,000$1,500,000 to $2,000,000$2,000,000 t o -13,000,000

1 4366,5077,3306,481

2445,52L

2,296874554376255183145122847766

16810455543616147317

wq

1616,

18

104,3,2,2,1,1,1,1,1,

2,2,1,1,1,

165 278770,412773,887079,158785 083540,063135,810333,752765,849589,079805,455168,195733,669517,182396,865043,803039,095955,427893,912320,440509,725852,6130603,877903,933912,688533.065248; 278(2)(2)

ti1811

11

411

768ftfiSQ5053570715765

j %S, 852, 208782548

,3873042m161158135349211108118733527136

,575685

.192,984,629580W5

, 895,610, 865,800,645, 200,200,200,400, 400,000,117,733,200,000, 800, 000,200,600,600

.

$58 92854,400

122,380136,903116 890382,78454,020

358,400502,420491,368601,257389,981380,233343,208323,627286,584220,366253,974890,662759,111502,039543,915433,605451,651425,321364,77650,618( 2 )

( 2 )

$128,570

176,370

221,440

201 360100,62983,66176,19467,50655,80452,78151,20441,05042,08238,795

116,14198,96466,62288,67582,05933,32132,03010,85614,763(2)(2)

$3,3619,728

14,63515,85217,27218,59220,28017,80220,39620,89083,72595,93381,246

132,824154,645113,327134,39993,73947,714(2)(2)

$128 570

176,370

221 440

201 360103,99093,38990,82983,35873,07671,37371,48458,85262,47859,685

199,866194,897147,868221,499236,704146,648166,429104,59562,477(2)(2)

1 Nontaxable. Personal exemption and dividends exceed net income.sClasses grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 111: Income 1920

STATISTICS OF INCOME. 107

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

S O U T H CAROLINA—Continued.

Income class.

$3,000,000 to $4,000,000$4,000,000 to $5,000,000$5,000,000 and over.Classes grouped2..

Numberof

returns.

Netincome.

Exemption fromnormal tax.

Personalex-

emption .Dividends.

Normaltax. Surtax.

Totaltax.

$870,047 | lt>, 400 | !?422,059 ! $35,009 | $224,029 j $259,638

Grand total 33,044 109,246,657 63,491,205 I 9,921,486 ; 1,915,£ 1,320,939 3,236,875

S O U T H D A K O T A .

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$t>',000 to $7',000$7,000 to $8,000$8,000 to $9;ooo..$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to II5,000$15,000 to $20,000$20,000 to 125,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90.000$90,000 to $100,000$100,000 to $150,000$150,000 t o $200,000....$200,000 t o 1250,000$250,000 t o $300,000....$300,000 t o $400,000....$400,000 t o $500,000....$500,000 t o $750,000....$750,000 t o $1,000,000..$1.000,000 to $1,500,000.$i; 500,000 to $2,000,000.$2,000,000 t o £3.000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$0,000,000 a n d overClasses grouped 2

Grand total

4,2548,0664,4526,487

2544,830

853,223

97858736324318513491707150

135581719561

$6,857,52911,672,96810,332,12716,232,143

853,237! 16,654,852| 379.415I 14,547,357

5,344,7423,777,9442,715,1732,067,6481,756,8151.403,7221,047,897

948.792952.542724,547

2,282,1591.293,416

474,71264(5.525219.168(*)C2)

$9,638,7058,094,041

11,569,27411,424,388

831,02010,142,698

250,5507.090,4122,156,5921.284,183

793,500528.800410,000297,100203,200160,800147,200104,000294,200117,600.37,00041,4008,200

(2)

$70,25522,477

166,78475.56150,723

221,259197,703248,493272,801255,654238,430134,635130,980130,80190,22900,335

110,82107,891

300,997253,20864,003

102,04571,409(2)

$143,030

189,818

256,524

288,147119,194101,39783,44175,41808,39759,67345,59245,69140,46335,921

111,67368,10427,11332,39810.203

$4,39710,71314,30615,82417,57217,19515,58416,08918,46310,07163,81553,33920,25144,63720,574 S(2) !

$143,030

189,818

256,524

288,147123,391112,11097,74791,24285,90976,86861,17061,78064,92051,992

175,488121,44353.36477,03531,137(2)

15.800 j 169.412 15,384

34,670 1103,578.036 05.052,063 I 3,585,032 , 1,823,641

49,610

404,540

65,000

2,228,187

T E N N E S S E E .

$1,000 to $2,000 *$1,000 to $2,000$2,000 t o $3,C00i$2,000 t o $3,000$3,000 t o $4,000!$3,000 t o $4,000$4,000 t o $5,000!$4,000 t o$5 ,000 . . . .

7,82915,30810,33913,293

1857,407

1163,314

$12,297,95922, 503,93723, 266, 61333,091, 443

604, 12125,268, 559

537, 217

$15, 755, 26515,402,95825, 540,16224, 701, 279

448, 35915,774, 683

171,90914,775,455 | 7,239,821

$199, 81048,989

267, 249212, 237341, 380321, 904533, 523307. 612

$296, 546

** 330, 539

"363," 391.'

"* 285," 794"1 Nontaxable. Personal exemption and dividends exceed net income.s Classes grouped to conceal net income and identity of taxpayers.

5375__22-

$296,540

330,539

363,391

"285," 794

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 112: Income 1920

108 STATISTICS OF INCOME.

TABLE 11 .—PERSONAL RETURNS—DISTRIBUTIONCL AS SE S—Continued.

TENNE8 SEE-Continued.

BY INCOME

Income class.

$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 t o $12,000$12,000 t o $13,000$13,000 t o $14,000$14,000 t o $15,000$15,000 t o $20,000$20,000 t o $25,000$25,000 t o $30,000$30,000 t o $40,000$40,000 to $50,000$50,000 to $60,000$60,000 t o $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to$150,000....$150,000 t o $200,000$200,000 t o $250,000....$250,000 t o $300,000...$300,000 to $400,000$400,000 to $500,000. .$500,000 to $750,000....$750,000 to $1,000,000$1,000 000 to $1 500 000$1,500,000 to $2,000,000$2,000,000 t o $3 000 000$3,000,000 to $4 000 000$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped 2

Grand total

Numberof

returns.

2,0131,182

7986143992962522041641444562561551735746151094

1141

65,054

Netincome.

$10,988,0807,6(36,1665,970,9105,216,5023,785, 8623,096,3412,891,3472,542,7372,212,6182,078,4117,829,2195,716,4064,265,2055,956,2862, 550,7802,495,848

956,482737,469751,199372,442

1,327,826(2)(2)

Exemption fromnormal tax.

Personalex-

emption.

$4,219,3192,486,3891,690,6471,277,833

816,300623,000520, 492423, 500351, 700305,679938, 701523, 400305,100359,100115,20087,80034,00014,80016,2008,600

20,400(2)(2)

Dividends.

$500, 064202,970298, 580808,143643, 748510,184444, 130494, 063398,097385, 372

2,020,9301,569,5261,202,2981,831,943

783,425787,048228,903125,159194,60760, 833

451,286(2)(2)

Normaltax .

$244, 402187, 019166,108171, 966132,185115, 334118, 259101, 25292, 43090,193

328,180264, 256212,070280, 541131,009126,98453,13251, 83241, 48423, 55973,757(»)(2)

Surtax.

$7,79821,49830, 57939, 75737,83337,95342, 33243,33043,13345,345

225,916236,999230,661428,056248,187302, 406138, 540125,131145,69181,312

377,080(2)(2)

906, 665

212,000. 105

10,400

120,182,996

167,008

16,341,019

57,434

4,339,656

335,816

3,225,353

Totaltax.

$252,200208,517196,687211,723170,018153,287160, 591144, 582135, 563135, 538554,096501,255442, 731708, 597379,196429,39C191,672176,963187,175104, 871450, 837(2)(2)

393,250

7,565,009

TEXAS.

$1,000 to $2,000 i . . . .$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 t o $4,0001$3,000 t o $4,000$4,000 t o $5,0001$4,000 t o $5,000,$5,000 t o $6,000$6,000 t o $7,000$7,000 t o $8,000$8,000 t o $9,000$9,000 to $10,000$10,000 t o $11,000....$11,000 t o $12,000....$12,000 to$13,000... .$13,000 t o $14,000$14,000 to $15,000....$15,000 to $20,000$20,000 to $25,000....$25,000 t o $30,000....$30,000 t o $40,000....$40,000 t o $50,000....$50,000 t o $60,000....$60,000 t o $70,000....$70,000 t o $80,000....$80,000 to $90,000....

-•

26,43440,22631,67851,568

1,19836,222

13417,5156,6253,3572,061*1,335

993756656462356289

1,063530326359179118543023

$42,306,96461,407,20972,436,033

128,924,9393,895,847

124,321,339550, 855

77,859,15536,272,84821,623, 77215,385, 71711,303,8679,403, 2357,926,9577,528,8865,772,4924,806,9044,199, 838

18,240,79011,796,3958,957,952

12,341,0808,035,0606,461,0753,551, 8732, 239,9351,903, 339

$57, 418, 74740,690,14680,445,78088,645, 847

2, 585,70968,298,529

248, 79733,139, 89011,513,7295,267,3142,888,2811,822,9341,356,417

978,634846,575584,200463, 866363, 500

1,318,233637,300409,000427,067219, 800144,90061, 70034, 80024, 400

$493, 640181, 406999,1S6938, 764

1,891,7002,137, 730

302,1102,623,0422,837, 5042,508, 2201,988,4361,433,1441,285,7741,373,9501, 418,6101,176, 793

839, 434871, 431

3,402,1372,388, 5281,890,1252,919,7632,807,1141,654, 509

619, 854531, 991586,433

$823,628

1,577,939

2,180,762

1,687,917919,830674,016561, 738456, 267395,058342, 893350, 049270, 884231,072197, 762933, 416631, 660486,063673, 498389,710353,149232,619143, 284101,165

$26,76059, 53780,75385,43089,54598,512

110,08898,91293, 73492, 748

523,409485, 340484,396880, 218783,766789, 403532, 525383,616365,698

$823,628

1,577,939

2,180,762

1,687,917946,590733, 553642,491541,697484,603441, 405460,137369, 796324,806290,510

1,456,8251,117,000

970,4591,553,7161,173,4761,142,552

765,144526,900466, 863

1 Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 113: Income 1920

STATISTICS OF INCOME. 109

TABU3 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

Income class.

$90,000 to $100,000 |$100,000 to$150,000....$150,000 to $200,000.... I$200,000 to $250,000-$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to$750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3.000,000.$3,000,000 to $4,/000,000.$4,000,000 to $5,000,000.$5,000,000 and over . . . .Classes grouped 2

Numberof

re turns .

T E X A S — C o n t i n u e d .

~~1"Net

income.

$1,322,8414,059,1951,564, 7411,039, 5941,401,016

(2)

1,878, 419

Grand total 224,617 720,720,162 400,922,495 I 44,913,294

Exemption fromnormal tax.

Personalex-

emption .

$17,60041,40013,2004, 2006,000

(2)'

Dividends.

$430,1441,159,585

312,785327,001180, 815(2)

()00

Normaltax.

$69,496240,988109,82165,70695,857(2)

Surtax.

$293,1081,137,281

519,114411,306628,159(2)

Totaltax.

$362,6041,378,269

628,935477,012724,016

C2)

4,000 j 401,636 117,329 1,033,915 1,151,214

15,313,576 10,087,273 125,400,849

UTAH.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000.$3,000 to $4,000 i$3,000 to $4,00014.000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100 000 to $150,000$150,000 to $200,000..$200 000 to $250 000$250,000 to $300,000..$300,000 to $400,000....$400 000 to $500 000$500,000 to $750,000$750 000 to $1 000 000$1,000,000 to $1,500,000.$1 500 000 to $2 000 000$2 000,000 to $3 000 000$3 000 000 to $4 000 000$4 000 000 to $5 000,000$5,000,000 and overClasses grouped2

Grand total

2, 5027,9046,5197,445

1632,923

441,283

570302184130818465343230

10349191717711

1

30, 510

$3, 888,47611,990,92314,987, 75718,480, 013

534, 5469,977, 517

193,0115,675, 5323,122, 8341,949, 3591,373,4351,107, 631

771,961881, 471746,248424,992430, 842433, 575

1,754, 5031,097, 338

512, 462599, 463742, 723374, 467(2)(2)

( 2 )

$5, 037, 2778,040,049

17,204,44413,198,155

497, 2856,373, 554

60, 9392, 878, 5481,208,207

680, 970401, 435278, 005173,400178,20013S, 60076, 60072, 20064,600

211, 400100, 40040, 20032, 40033,20011,600(2)(2)

(2)

$50,69932, 316

372, 94863, 39460, 634

147, 560132, 924223, 502468, 344252,144271, 051255, 785180, 094221,024196, 577134, 869225, 678

98, 291535, 786416,423201,184191,451382, 928353,186(2)(2)

(2)

$159,404

208, 666

130,623

102, 97463,95543, 54434,30030, 77024,04227,12625, 45512, 80211,05517, 56870,06439, 86419, 57927, 48824,15814, 807(2)(2)

('*)

227, 310

82, 278,389

7,800

56,999,468

82, 202

5, 551, 054

10, 850

1,105,094

$2,5045,4717,2418,5217,701

10,91810,9107,3078,1719, 510

50,09945,92327,06244, 54270, 51944,672(2)(2)

(2)

$159, 404

208, 666

136. 623

102, 97466,45949,01541, 54139, 29131, 74338, 04436, 36520,10919, 22627, 078

120,16385, 78746. 64172, 03094,67759,479(*)(2)

( 2 )

IIj

40,616

401,687

51, 466

1, 506,781

1 Nontaxable. Personal exemption and dividends exceed net income.»Classes grouped to conceal net income and identity of taxpayers.

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Page 114: Income 1920

110 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

VERMONT.

Income class.

$1,000 to $2,000! !$1,000 to $2,000 j$2,000 to $3,000 i$2,000 to $3,000 1$3,000 t o $4,0001$3,000to $4,000$4,000 to $5,0001$4,000 to.15,000$5,000 to $6,000$6,000 to $7,000$7,000 t o $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $50,000$60,000 t o $70,000$70,000 to $80,000$80,000 t o $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 t o $200,000....$200,000 to $250,000....$250,000 to $300,000....$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to$ 1,500,000.$1,500,0001 o $2,000,000.$2,000,000 to $3,000,000.$3,000,000to $4,000,000.$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

Grand total

Numberof

returns.Net

income.

2,1915,9762,1033,643

1782,163

831,2(55

443265163129987053424727955235311910623451 |2

$3,412,8218,634,8784,853,6109,079, 034

603,4357,486,933

378, 7175,665,1852,433, 8331, 703,6981,219,6621,087,134

927,906732,003608,132523,605633, 551390, 854

1,628,6631,155, 816

956,9181,082,150

865, 258530, 944386,653152, 229246,528375,988645,338(2)

Exemption fromnormal tax.

Personalex- Dividends,

emption.

$4,365, 9675,989,6005,129,8416, 158,640

383,7704,442,074

136,1042,649,546

917,754550,074329, 505257,095204, 800135,561102,32678,60098, 80060, 500

184, 883103,03965.39950,20032.40017,0009,2003,4003,2004,2007,000

(2)

$289,98458,424

402,83394,975

320,963197,993388,691302,857253,017271,770190, 368221,657199,732251,177280, 447200,953162,16282,469

468,031379,602376,580483,158394, 290307,386227, 57629,179

222,385130,065438,393(2)

19, 205

921,821 4,000

59,303,302 j 32,774,478

963, 583

Normaltax.

$103,439

100,607

114,607

109,21552,41239,79335,24231,81429,43822,69517,72017,72424,94716,39265,83750,23638,75838,74833,00215,59612,0569,1411,994

18,99618,456(2)

- (*)

Surtax.

$1,7384,7086,4308,0919,2398,8808,9178,970

12.4228,287

46,93247,74851,08674, 86782, 80165, 84156,64626,77546,99082,783

193, 559(2)

1,201

8,590,700 j 1,020,066

385,353

1, 239,063

Totaltax.

$103,439

"106*607

*"114*607

109,21554,15044,50141,67239, 90538,67731,57526,63726,69437,36924,679

112,76997,98489,844

113,615115,80381,43768,70235,91648,984

101,779212,015(2)

386,554

2,259,129

VIRQINIA.

$1,000 to $2,0001$1,000 to $2,000$2,000 to $3,0001$2,000 to $3,000$3,000 to $4,0001$3,000 to $4,000$4,000 to $5,0001$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000....$12,000 to $13,000....$13,000 to $14,000....$14,000 to $15,000....$15,000 to $20,000....$20,000to $25,000....$25,000 to $30,000....$30,000 to $40,000....$40,000 to $50,000....

m

9,93526,01414,71419,345

63710,331

874,3591,6871,25184953445635727423418414753021912714164

$15,640,72339,249,03633,670,21947,992,2452, 111,43435,436,056

375,30019,509,1609, 284, 2308,078, 8726,334,5674,541,9424,314,9313,739,6623,149,5722,923,3642.472,3412,130,3859,02K, 7214, 898, 2593,464,3154,875,5322,788,742

$20,475,35926,312,12837, 857,25534,083,8181,703,14221,605,624

156,4119,441,4023,602,0882,691,4771,824,6871,122,300975,500733,400566,306483, 400388, 400306, 000

1,078,800449,167255,967297, 400123,200

$12,640210, 833

47,282452,21066,156954,31825,359

428,4681,058,207979,128987,646778,853829,067970, 666802,331869,704684, 375577; 669

2; 697,6361,887,8111,353,9481,933,1251,529,268

$510,837

536, 892

514,818

89,565196,070192,075172, 753143,201144,670130,082114,679103,604102,02883,553362,867189,744146,590198,00096,732

$7,98422,83932,29034,86942,81145,91946,71450.24348', 10946,942258,376203,465186,366352,769261,706

$510,837

536,892

514,818

89,565204,054214,914205,043178,070187,481176,001161,393153, 847150,137130,495621,243393,209332,9,56550,769358.438

1 Nontaxable. Personal exemption and dividends exceed not income2 Classes grouped to conceal net income and ideni ity of t /.iviuiyers.

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Page 115: Income 1920

STATISTICS OF INCOME. I l l

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSE S—Continued.

VIRGINIA—Continued.

Income class.

$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....1150,000 to $200,000....$200,000 to $250,000....

Numberof

returns.

492683372

Netincome.

$2,685,1891,661,305

588,829255,998283,503828,229365,223

Exemption fromnormal tax.

Personalex-

emption.

$94,00046,80014,2007,8006,400

13,2004,000

Dividends.

$1,171,3091,032,649

273,07710,325

169,551397,138278,214

Normaltax.

$114,37379,84628,57418,4169,835

36,9126,106

Surtax.

$328,086241,29399,73550,83962,837

231,350135,545

Totaltax.

$442,459321,139128,30969,25572,672

268,262141,651

$ , t o $ 5 ,$250,000 to $300,000....$300,000 to $400,000..$400,000 to $500,000..$500,000 to $750,000....:$750,000 to $1,000,000. J$1,000,000 to $1,500,000. j$1,500,000 to $2,000,000.'$2,000,000to $3,000,000.!$3,000,000 to $4,000,000.!$4,000,000 to $5,000,000.$5,000,000 and overClasses grouped2

557,345 4,400 I 20,420 ! 40,865 I 249,427 I 290,292

Grand total 92,576 273.235,229 166,724,031 | 23,489,383 4,363,687 3,040,514 j 7,404,201

W A S H I N G T O N .

$1,000 to $2s000 i•$1,000 to $2,000$2,000 to $3,0001.$2,000 to $3,000........$3,000 to $4,0001$3,000 to $4,000.$4,000 to $5,0001$4,000 to $5.000$5,000 to $6.000$6,000 to $7,000$7,000 to $8,000...$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20.000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000.$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....^200,000 to $1T>0,000 .*2A0,(Hiuto $300,000.- .

10*400,000-...SVOOOO C .

$i."tfl0 000 i o S7 "50,000- - -^7 "iOOO010 $1,000,000 -<M,000,UKito*l,500,000.$i ,:>on.oootow.ooo,ooo.S2,(HX>.00'n O.S3,000,00i).S3,000,0001 o $4,000,000«4,OM.(KJOto8.1,000,000S1) ooo.ono and ovoi .

1 total

15,48756,46816,49531,197

62312,849

2406,9532,6481,351

97359142427922118313512338117086924710158

1 1321

$24,780,22584,422,03037,534,82776,640,0372,104,71743,880,1291,080,17031.088,75414,348,1518,731,3647,266, 8055,033,7344,014,8902,916,9182,542,9922,274,8271,825,1511,784,8006', 583,2723,816,4142,359,9623,167,4122,087,736511,794961.756584', 027416,760(2)()677,988489,86547), 418

$33,119,78556,774,39841,373,84949,652,9531,-535,11924,632,812

306,88013.879,6494,758,3562,306,2001,643,520950,950665,148430,156358,044268, NX)204,368193,000560,299239,780123,700144,21764,50013,70023,2009,4006,800(2)5,8004,8004,000(') I2,000

$231,59961,157528,505168,943

1,160,390334,866978,276868,512

1,221,5531,130,1931,336,673908,999711,176600,978609,989581,558517,077 j404,764

1,967,0291,462,265883,026

1,454,1661,250,493368,393711,812326,602568,436

450,414106,222264,756

^ 256 !

$1,104,631

1,081,214

753,577

663,911351,559246,078227,966172,113151,200112, 261101,42290,03973,01580,438289,566158,71293,424115,24952,64711,59117,34619,4356,732

11,32541,08514,498

55,615

$1,104,631

$10,89126,47636,18337,65339,79335,88437,32339,33735,66239,319198,502158,586127,753227,511201,70865,023133,46397,95480,692(2)167,227218,963188,872(2)

1,081,214

*"753*577

663,911362,450272,554264,149209,766190,993148,145138,745129,376108,677119,757488,068317,298221,177342,760254,35576,614150,809117,38987,424(2)178,552260,048203,370(2)342,051 | 397,666

Its (Mi71

XH9

*7V)7<> so 3 2 1 .

1

27)

000

4S4 22

478

,647

33S

416

31

6,127,

237

886

420,052

2,966,878

451,

9,094,

289

764

'iWV Personal ii\emr)tion and div londs exceed net income.- grouped io com<»al nH inrome and I'lentil oi taxpayers.

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Page 116: Income 1920

112 STATISTICS OF INCOME.

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECLASSES—Continued.

WEST VIRGINIA.

Income class.

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3,000 to $4,000 i$3,000 to $4',000$4,000 to $5,000 i$4,000 to $5,000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200,000 to $250,000...$250,000 to $300,000...$300,000 to $400,000...$400,000 to $500,000...$500,000 to $750,000....$750,000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000..$4,000,000 to $5,000,000.!$5,000,000 and overClasses grouped 2. .

Grand total

Number jof j

returns. |Net

income.

7,27324,22516,85524,253

47712,207

274,7391,5981,068

68845338026724518113S141382221117161774835261310172

Exemption fromnormal t ax .

Personal i iex- .! Dividends. '

emption. |

$11,423,92137,675,99138,980,33359,725,079

1,577,39841,780,223

113,63121,084,6158,736,9706,940,1715,152,7103,836,8083,612,6952', 802, 5512, 809,9842,258,9531,864,0302,049,2086,591,5804, 905, 8123,206,9395,490,2063,455,9542,579,1162, 268, 8431,948,6611,087,188

946,1092,063,529

353,653406,599

$15,617,90224,570,19744,724,95541,292,798

1,332,45825,642,501

26^54310,577,7683,462,6472,140,6241,448,170

925,913799,935551,906473,524356,962285,384291,800784,140441,998237,800323,550151,78492,40077,20046,40022,60024,00031,0003,0002,000

$532,930221,749465,564417,331520,057763, 830113,631995,548

1,004,080990,340

1,038,6161,027,525

785,420814, 849800,626695,567656,564678,599

2,279,5291,848,1791,536,7272,249,8581,296,4841,750,436

969,0791,119,049

791,382533,035

1,815,541347,721260,192

Normaltax . Surtax. Total

tax .

$523,536 i

721,579 I

$523,536

721,579

605,278

381,985182,006166,471133,697103,262115^ 44188; 03696,29775,90765, 20273,116247,490189', 627110,324219,489148, 86687,67391,81958,26634,68330,70862,639

43515, 218

$6,30119,16027,23929,17735,96334,72841,19638,64736,27545,157190,916202,169173,571387,792338,703309,291334,784338,589211,950209,859588,705129,065158,981

605, 278

381,985188,307185,631160,936132,439151,404122,764137,493114,554101,477118,273438,406391,796283,895607,281487,569396,964426,603396,855246,633240,567651,344129,500174,199

96,326 287, 729,460 176,759, 859 29,320,038 4,629,050 3,888,218 1 8,517,268

WISCONSIN.

$1,000 to $2,000 1$1,000 to $2,000$2,000 to $3,000 1$2,000 to $3,000$3,000 to $4,000 1 ,$3,000 to $4,000•4,000 to $5,000 1•4,000 to $5,000«5,000 to $6,000•6,000 to $7,000•7,000 to $8,000•8,000 to $9,00029,000 to $10,000•10,000 to $11,000•11,000 to $12,000|l2,000 to $13,000•13,000 to $14,000•14,000 to $15,000•15,000 to $20,000220,000 to $25,000225,000 to $30,000•30,000 to $40,000$40,000 to $50,000

1 Nontaxable. Personal exemption and dividends exceed net income.a Classes grouped to conceal net income and identity of taxpayers.

25,53442,15125,33126,740

74311,077

2035,4423,2982,5681,5021,06687757246834932725878239420523(3115

$40,503,31762,147,53057,397,50566,020,9522,427,274

37,945,645915, 843

24,463,95318,005, 57416,600, 59111,240,3899,039,1008, 309, 4285,985,6095,384, 8654,360, 4224,414, 4623, 740, 26213, 453, 282.8,800,6635, 588, 5788,157,4185,132,795

$55,580,14042,561,23464,658, 86048,575,2292,215,64023,447,688

432,32011,613,3906,898,6685,468, 5263,139,9502,205,4171, 810,6641,185, 836954, 479710,332642, 881504,400

1,588,150778,062410,341468,400227,600

$284,723112,269709, 816452,023444,141687, 819525, 877919,679

1,733,3491,676, 7791,494,9311,461, 8961, 545,1691,251,4011,139, 3201,117,1941,247,2221,056, 7544,059,2173,171,4622,068,6253,871,5112,401,478

$796,869

554,336

479,759389,886402; 121324,431285,660282,800209,968199,226159,945166,337145,612521,254350,208223,782295,894189, 755

1796,869

6SL,"i9()

$13,28347,578 i59,139 I68,713 !82,810 j73,415 '79,39474,99285, 88282,424

388,499364,329299, 595588,090496,748

554,336

479,759403,169449,699383,570354,373365,610283,383278,620234,937252,219228,036909,753714,537523,377883,984686,503

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Page 117: Income 1920

STATISTICS OF INCOME. 113

TABLE 11.—PERSONAL RETURNS—DISTRIBUTION BY INCOMECL A S SE S—Continued.WISCONSIN - Continued.

Income class.

$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$100,000 to $150,000....$150,000 to $200,000....$200 000 to $250,000..$250 000 to $300 000$300,000 to $400,000....$400 000 to $500 000$500 000 to $750 000$750 000 to $1,000,000..$1,000,000 to $1,500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3,000,000 to $4,000,000.$4,000,000 to $5,000,000.$5 OOO'OOO and overClasses grouped 2

Grand total

Numberof

returns.

7846232514233

Netincome.

$4,278,3062,993,9111,717,8442,136,6331,341,7652,798,865

493,174

2 , 640,855

150, 452 436, 436, 810

Exemption fromnormal tax .

Personalex-

emption.

$144,60078,29839,00040,80026,40040,600

5,600

4, 200

276, 457, 705

Dividends.

%2,528,0912,022,684

941,9351,397,217

957,7531,631,990

160,184

636, 423

Normaltax.

$137,51081,01858,01167,05338,18494,03525,680

406

13, 70S, 932 7,160,930

Surtax.

$525,074443,777295,334425.31730i; 757801,986172,708

300,757

Totaltax.

$662,584524,795353,345492,370339,941896,021198,38S

301,163

6,071,601 13,232,531

W Y O M I N G } .

$1,000 to $2,000 i$1,000 to $2,000$2,000 to $3,000 i$2,000 to $3,000$3 000 to $4 000 *$3 000 to $4 000$4 000 to $5 000 ]

$4 000 to $5 000$5,000 to $6,000$6,000 to $7,000$7,000 to $8,000$8,000 to $9,000$9,000 to $10,000$10,000 to $11,000$11,000 to $12,000$12,000 to $13,000$13,000 to $14,000$14,000 to $15,000$15,000 to $20,000$20,000 to $25,000$25,000 to $30,000$30,000 to $40,000$40,000 to $50,000$50,000 to $60,000$60,000 to $70,000$70,000 to $80,000$80,000 to $90,000$90,000 to $100,000$1(K) 000 to $150 000$150,000 to $200,'000$200,000 to $250,000....$250,000 to $300 000$300,000 to $400,000....$400,000 to $500,000....$500,000 to $750,000$750,000 to $1,000,000..$1,000,000toll 500,000.$1,500,000 to $2,000,000.$2,000,000 to $3,000,000.$3 000 000 to $4 000 000$4,000,000 to$5 000 000.$5,000,000and over . . . .Classes grouped 2

Grand total

2,6,3<

2

24

07933?23739411547061

972303167108884644361821173818129331

2

594

$3,107

?0,

8j

4 j1,1,

63

315,618254,718537,271355,190376,950284,694284,986262,405648,399072,930807,609743,123437,426462,722414,080225,557282,849247,350665,361389,349322,920313,097139,023164,981(2)

(2)

235,921

244,529

$4

s1?

5

?,

41

383,405433,689342 513941,630323,674075,097137,293029,988643,433350,400232,200170,600100,00092,20074,60036,00039,40026,20077,60040,40023,40018,4005,8007,600

(2)

(2)

5,200

,610,722

$145,66113,63886 14229,754

106,18385,746

200,55591,973

111,401133,892106,67987,377

103,94391,69757,43748,664

112,76481,555

122,758132,960180,848145,20531,38040,420(2)

(2)

. . . . . . . . m ,9m

$152,418

295,650

132,196

85,77037,77927,43523,81326,89914,79118,39116,9948,9409,9479,555

31,61716,12810,85012,3907,6678,876

(2)

(2)

$1,2713,0894,2395,5554,2505,7566,1143,8945,5315,401

19,83114,82117,07722,85714,05720,300(2)

(2)

$152 418

295 650

132,196

85,77039,05030,52428,05232,45419,04124,14723,10812,83415,47s14,95651,44830,94927,92735,24721,72429,176(2)

(2)

30,832

2,379,464

15,491

963,597

1

43,680

197,723

59,171

1,161,320

*Nontaxable. Personal exemption and dividends exceed net income.2 Classes grouped to conceal net income and identity of taxpayers.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis