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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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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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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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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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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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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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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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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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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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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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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 - -.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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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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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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
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
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
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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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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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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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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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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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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 ^
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
$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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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"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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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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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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BASIC TABLES
5375 °—22 4 43
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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
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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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
$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*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
o
ao
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
inQazn
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
HM
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
$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.
i i
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
ain
ao
ao
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
3ooK
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
o
3ao
CO
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
OHi
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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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Or
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
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
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
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
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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