The First Form 1040 in 1913 Was Only 4 Pages Long!

Did you know that the first IRS 1040 was published in 1913. As you struggle through pages of forms and stacks of instructions, think about how nice it would be to complete a tax form that was only four pages long. One of those four pages was the instructions. You can download the form from the IRS website.

Tax rates ranged from one percent to six percent on taxable income over $20,000.

 

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