Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-02-20
ONLY FIVEPAY
INCOME TAXES
ON $5,OOO,OOO
Some Interesting Facts Re
vealed by Revenue
Reports.
CORPORATION RETURNS
Special to Indiana Daily Times

Special to Indiana Daily Times
and Philadelphia Public Ledger.
WASHINGTON, Feb. 20.-F1ve persons
paid taxes for 1919 on incomes of So
100000, but the five will go unnamed
officially because of the law which holds
income tax returns to be confidential in
formation.
Figures compiled by the Bureau OF In
ternaI Revenue show that for the same
period there were six personal returns
of income from 100000 to $4,UOO,OO;
seven of income from 100000 to $3O0O,-
600: thirteen of income from 100000 to
81, goo; thirty four Of income from
81 100000 to $1,000; sixty OF incomes
from $4,000 to $1000,OO0; 129 Of income
from $685. eco to $4,000; 14O OF income
from 100000 to $500 900; 2S5 of Income
from SEQ 600 TO 100000; go of income
from $3.50 600 to $500, 600; 522 Of income
from S2OO.OO0 to 10000; 1,092 of income
from S150OCO to 5000, 900; 1888 Of income
from 100000 to $4,000 and lib of In
come from $4,000 to 100000. The com
niIa+ion on returns for 1919, which were
made and collected in 1920 also show
steady increase in the number of persons
in the United States paying income taxes.
NUMBER INDIVIDUALS
FILED.
The number of individuals who filed in
The total amount Of net income reported
by these returns was SIS, S59, 491, AS, and
the tax (nomraI tax and surtax) amount
ed to S1.269 $50, 104. As compared with
1918. the figures show growth Of 9Ol,-
GAG in the number of returns filed and
an increase in the total net income re-
Dorted amounting to SIS, 934, S52 093, like
wise an increase Of S141, 90S, 269 in the
total tax.
The number of corporation income tax
returns for the calendar year 1919, other
than those Of personal service corpora
lions, was 800 29S. OF these 209,634 re-
ported net income amounting to S,41I,-
41S.45S: income tax, S743, 533, SIS; war
Profits and excess profits tax, 81 ,43l, $780,
500, total tax. $2,175341 578 For the cal
endar year 1918 the number was 81 ,579,
Of which 202 061 reported total net in
come of $S.3G1 81, 249 and tax aggregat-
ing $3,15S, 1874, 40.
AS relating to the entire population
of the United States fourteenth cen
Gus (subject to Federal income tax, the
proportion filing returns was OBJ per
cent The per capita net income re-
ported was S1S732. and the per capita
income tax was $119S On the basis Of
returns filed, the average net income re-
amount of tax S23SOS and the average
tax G39 per cent.
PARTNERSHIP
RETURNS.
The number of partnership returns for
the calendar year 1919 was 175,S9S. The
number of personal service corporation
returns was 4,758. The revenue act of
1918, under which such returns were filed,
prescribes that the net income reported
by partnerships and personal service cor
porations be not taxable to such returns,
hut that such income should be included
in the returns of net income Of individual
members or stockholders, according TO
their distributive share whether distrib-
uted or not.
The number of joint returns Of hus-
bands and wives with or without de-
pendent children, including husbands
whose wives, though living with them,
filed separate returns, was 2,S58, 597. The
number of wives making separate returns
from husbands was 1854. The number
IF single men fling returns as heads of
families was 326,79 The number Of
single women filing returns as heads Of
families was $685.. The number of re-
turns from all other single men was
1907. 277, and from all other single
women. 361, 9GO-Copyright 1922, by Pub
tic Ledger Company.