Excerpt from Statistics of Income for 1951, Vol. 1: Individual and Taxable Fiduciary Income Tax Returns and Gift Tax Returns This report contains statistical data for the income year 1951, prepared from individual income tax returns, Forms 1040 and 104oa, from taxable fiduciary income tax returns, Form 1041, and from gift tax returns, Form 709. It presents data on income, deductions, exemptions, gifts, and other valuable information reported on these returns, by various classifications of taxpayers, by types of income or kinds Of gifts, and other relevant classifications. The first section of this report pertains to the individual income tax returns, Forms 1040 and 104oa. Although the two forms are different, it is possible to correlate the data reported on the employee's Optional returns, Form ig4oa, with that reported on the regular income tax return, Form 1040, whether long or Short-form. In tabulating data, no distinction is made and data from both forms are combined. In addition to the current year tabulations, there are included several tables of historical data. The second section Of this report presents data reported on the taxable fiduciary income tax returns, Form 1041. Data inherent to fiduciary returns differ somewhat from that on individual returns, but, so far as possible, data for taxable fiduciary returns are classified and presented in the same manner as the data for individual returns, SO that these data may be associated. The tabulations of current year data are followed by two tables Showing historical data. The third section of this report contains information reported on gift tax returns, Form 709, filed by individuals who transferred property by gift during 1951. A brief historical summary is included at the end Of this section. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.