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  2. Revenue Act of 1861 - Wikipedia

    en.wikipedia.org/wiki/Revenue_Act_of_1861

    The Revenue Act of 1861, formally cited as Act of August 5, 1861, Chap. XLV, 12 Stat. 292, included the first U.S. Federal income tax statute (see Sec. 49).The Act, motivated by the need to fund the Civil War, [1] imposed an income tax to be "levied, collected, and paid, upon the annual income of every person residing in the United States, whether such income is derived from any kind of ...

  3. Wilson–Gorman Tariff Act - Wikipedia

    en.wikipedia.org/wiki/Wilson–Gorman_Tariff_Act

    Supported by pro-free trade members of the Democratic Party, this attempt at tariff reform imposed the first peacetime income tax (2% on income over $4,000, or $88,100 in 2010 dollars, which meant fewer than 1% of households would pay any). The purpose of the income tax was to make up for revenue that would be lost by tariff reductions.

  4. Template:USBill - Wikipedia

    en.wikipedia.org/wiki/Template:USBill

    Links to a specific bill via Congress.gov Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Congress number 1 93–present Example 111 Number required Type 2 hr for House bill, hres for House Resolution, hjres for House Joint Resolution, hconres for House Concurrent Resolution, ha for House Amendment, s for Senate ...

  5. Free File - Wikipedia

    en.wikipedia.org/wiki/Free_File

    The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.

  6. How Are Treasury Bills (T-Bills) Taxed? Your Guide - AOL

    www.aol.com/pay-taxes-treasury-bills-182422359.html

    For instance, if your adjusted gross income is $95,000 as a single filer, your marginal tax rate is 22% for the 2024 tax year. Interest income from any T-bills will be taxed at that rate.

  7. Revenue Act of 1924 - Wikipedia

    en.wikipedia.org/wiki/Revenue_Act_of_1924

    The United States Revenue Act of 1924 (43 Stat. 253) (June 2, 1924), also known as the Mellon tax bill (after U.S. Secretary of the Treasury Andrew Mellon) cut federal tax rates for 1924 income. [1] The bottom rate, on income under $4,000, fell from 1.5% to 1.125% (both rates are after reduction by the " earned income credit ").

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