Fun Facts About Tax Day

As you are reading this, the clock is tick, tick, ticking down. The Federal Tax Day deadline this year is tomorrow, Monday, April 18 at midnight. Yikes! Well, as you are searching for those elusive recipts from last January, here are some fun Tax Day facts from our friends at DailyFinance.com

Federal Tax Form 1040 was introduced in 1913, and was required if you made $3,000 or more income in one year. It was only 3 pages long!

The Social Security Act was signed into law by President Franklin D Roosevelt in 1935, and the first Social Security numbers went into effect in 1936.

In 2009, the IRS received 131,543,000 individual income tax returns, and if only one individual had to process all of them, it would take over 250 years!

The very first income tax imposed in the USA was in 1861, in order to pay for the Civil War.

The Federal Income Tax Withholding that is in effect today, was first used in1943 as part of the Current Tax Payment Act. It was supposed to make things more 'convenient' for taxpayers.

In the 1970's the "Presidential Campaign Fund' box was added to the forms to assist candidates. Since then, over a billion dollars has been collected for various candidates running for President of the United States.

There are at least 480 tax forms listed on the IRS website, and 1,132 tax related forms are also available to download.

In 2007, The IRS reported than 1 in every 3 Americans, (99,316,995), received help from the IRS by calling, writing, or walking into an office for assistance with their taxes.

Most consider him one of the smartest men who ever lived, but Albert Einstein once said "The hardest thing in the world to understand is the income tax."

Check out more Tax Day trivia here, and Happy Tax Day, ya'll!