Practical Questions AFFECTING INDIVIDUALS, PARTNERSHIPS AND CORPORATIONS COPYRIGHT, 1920 IRVING NATIONAL BANK IRVING NATIONAL BANK WOOLWORTH BUILDING NEW YORK DETAILS OF COMPUTATION Normal Normal Surtax Surtaz INCOME TAX CHART This chart and notes show total Income Tax, under the Revenue Act of 1918, payable for the year 1919, by the head of a family or a married person living with husband or wife and with no other dependents. TOTAL Percent of Amount of Percent of Amount of DETAILS OF COMPUTATION TOTAL Percent of Amount of Percent of Amount of INCOME $1,000 Tax $40 4% TAX INCOME TAX Normal Normal Surtax Surtaz Tax Taz 56,000 11,170 8% 4,160 26% 7,010 4,000 80 4% 80 Exempt None 59,000 12,230 8% 4,400 28% 7,830 5,000 120 4% 120 Exempt None 60,000 12,590 8% 4,480 28% 8,110 6,000 170 4% 160 1% $10 61,000 12,960 8% 4,560 29% 8,400 7,000 270 8% 240 2% 30 62,000 13,330 8% 4,640 29% 8,690 8,000 370 8% 320 2% 50 63,000 13,710 8% 4,720 30% 8,990 9,000 480 8% 400 3% 80 64,000 14,090 8% 4,800 30% 9,290 10,000 590 8% 480 3% 110 65,000 14,480 8% 4,880 31% 9,600 11,000 710 8% 560 4% 150 66,000 14,870 8% 4,960 31% 9,910 12,000 830 8% 640 4% 190 67,000 15,270 8% 5,040 32% 10,230 13,000 960 8% 720 5% 240 68,000 15,670 8% 5,120 32% 10,550 14,000 1,090 8% 800 5% 290 69,000 16,080 8% 5,200 33% 10,880 15,000 1,230 8% 880 6% 350 70,000 16,490 8% 5,280 33% 11,210 16,000 1,370 8% 960 6% 410 71,000 16,910 8% 5,360 34% 11,550 |