TABLE 5.-Individual returns for 1948 with itemized deductions, by taxable and nontaxable returns, by adjusted gross income classes, and by net income classes: Frequency distribution of returns-Continued 15 under 20 20 under 25 25 under 30 30 under 40 40 under 50 50 under 60 60 under 70 70 under 80 80 under 90 12 under 13. 13 under 14. 14 under 15. 56, 825 37,438 2 38 TABLE 5.-Individual returns for 1948 with itemized deductions, by taxable and nontaxable returns, by adjusted gross income classes, and by net income classes: Frequency distribution of returns-Continued 90 under 100 under 150 under 200 under 250 under 300 under 400 under 500 under 750 under 1,000 or 100 200 400 500 750 1,000 150 250 300 more 49 Taxable returns with adjusted gross income under $5,000 and nontaxable returns. 68 Taxable returns with adjusted gross income of $5,000 or more..... For footnotes, see pp. 179-181; for extent to which data are estimated, see pp. 44-52. Effective tax rate (percent) based on adjusted gross income TABLE 6.-Individual returns for 1948, by taxable and nontaxable returns, by adjusted gross income classes, and by types of tax: Number of returns, adjusted gross income, exemption, tax liability, average tax, and effective tax rate [Adjusted gross income classes and money figures, except average tax, in thousands of dollars] 1. 13 30 3.44 66 1, 801, 919 1,826, 314 2,359, 882 2, 924, 201 1,489, 129 181, 240 102 6.30 3,422, 857 1, 523, 215 250, 783 137 7.33 5, 010, 716 2,517,686 320, 916 136 6.41 2,323, 717 5, 517, 847 2,570, 649 383,632 165 6.95 2,378, 444 6, 250, 927 2,889, 881 438, 229 184 7.01 2,535, 668 7,284, 985 3,572, 801 476, 419 188 6.51 4,560, 418 14, 808, 333 7,027, 361 1,006, 616 221 6.80 11 3.5 under 4. 3, 720, 265 13, 906, 417 6, 351, 016 933, 619 261 7.07 4 under 4.5. 2,833, 237 12, 013, 198 5, 177, 126 899, 935 318 7.49 2,016, 937 9, 695, 937 3,817, 669 787, 111 385 8. 12 8.90 737, 712 634 9.85 1, 116, 602 472, 033 800 10.74 354, 540 3,000, 531 676, 496 344,668 972 11.49 248, 517 2,353, 259 474, 850 286,812 10 under 11 1, 151 12. 19 188, 222 1,970, 543 363, 724 252, 268 1,340 12.80 138, 553 1,590, 030 269,300 214, 571 1,549 13.49 110, 811 1,383, 064 214, 528 196, 008 1,769 14. 17 87,975 1, 185, 725 171, 920 175, 001 1,989 14.76 73, 984 1,071, 306 145, 172 164, 193 2, 219 15. 33 15 under 20 236, 438 4,054, 251 465, 169 684, 138 2, 891 16, 87 20 under 25 122, 221 2,717, 601 243, 184 526, 578 4,303 19.38 25 under 30. 70, 550 1, 924, 696 140, 461 418, 906 5,938 21. 76 30 under 40. 76, 884 2,639, 398 153, 469 651, 532 8, 513 24.80 40 under 50. 37, 642 1,673, 713 74, 468 481, 756 12, 798 28.78 50 under 60. 21, 375 1, 165, 939 42, 070 374, 132 17, 503 32.09 60 under 70 13, 062 844, 305 25, 735 293, 126 22, 441 34.72 32 70 under 80 8,466 632, 508 16,528 234, 070 27,648 37.01 485, 649 11, 011 188, 812 32, 934 38.88 33 387, 631 7,860 157, 020 38, 401 40. 51 34 35 100 under 150. 9, 619 1, 153, 456 18, 165 503, 298 52,323 43.63 35 |