Oh joy, taxes are due! For your sake, I hope your own return was sent in long ago.
One hundred years ago, the Federal Income Tax form had the same number it does today, #1040, but it was due on March 1, and was far simpler than in the year 2014. Elbert Hubbard signed his joint personal return on February 27, 1914.
Elbert and Alice Hubbard's gross income for 1913 was $9,270.89 ($2,083.33 of which was Alice’s earnings), in today’s dollars, this would amount to $217,665.47.
After deductions, their taxable income was $5,937.56, taxed at 1 per cent, making their personal tax bill $59.38, or $1,385.21 in today's dollars.
For those with incomes over 20K, there was an additional “super tax”:
1% on the amount over 20K up to 50K
2% on the amount over 50K “ 75K
3% on the amount over 75K “ 100K
4% on the amount over 100K “ 250K
5% on the amount over 250K “ 500K
6% on the amount over 500K and above
It was a much simpler 1040 form back then, which we can only hope will be true again one day.