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IRS History Facts

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Form 1040, 1914

On January 5, 1914, the Treasury Department unveiled the four-page form (including instructions) for the new income tax. The form was numbered 1040 in the ordinary stream of numbering forms in sequential order. In the first year, no money was to be returned with the forms. Instead, each taxpayer's calculations were

verified by field agents, who sent out bills on June 1. Tax payments were due by June 30.