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Happy Birthday: Federal Income Tax Turns 100

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This year's IRS Form 1040 has 214 pages of instructions. When tax filing started a century ago, the 1040 had just one page of instructions.


Good morning, I'm David Greene.

If you weren't finished with your taxes, you may have been buried in paperwork over the weekend. Not true for last-minute filers a century ago. While this year's 1040 tax form has 214 pages of instructions, in 1913 it was just one page. There was a section for how farmers should claim livestock including animal wool and hides. There was a line for losses sustained in firestorm or shipwreck. But sorry, the family account at the country store was not deductible.


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