Monopoly Wiki
(Added house rules; also, money is always rounded up so 10% of $2134 is $214, not $213.)
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[[File:Monopoly_income_tax_space_US_pre-2008.jpg|thumb|Pre-2008 US Edition]]
Income Tax is the fourth space on a standard Monopoly set, and is one of the least-liked space.
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'''Income Tax''' is the fourth space on a standard [[Monopoly Board|Monopoly set]], and is one of the least-liked spaces on the board. People hate this space because when a player passes Go they use that money to pay the tax.
   
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<br>
 
== Tax Options ==
 
== Tax Options ==
When a player has the misfortune to land here, they must immediately choose one of two options: estimate their taxes at $200 and pay to the Bank, or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed [[GO]] 3 times, unless you think you have very low holdings and want to pay the 10%. Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. Also, some house rules mandate that Income Tax always be 10%, or some other value. In the [[Monopoly: The Mega Edition|Mega Edition]], Income Tax is the 5th space rather than the 4th.
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When a player has the misfortune to land on the Income Tax space, he or she must immediately choose one of two options: estimate their taxes at $200 and pay to the [[The Bank|Bank]], or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. A player must decide their option before adding up their total assets.
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For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed [[Go]] 3 times, unless you think you have very low holdings and want to pay the 10%.
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Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. As of September 2008, the new regular Monopoly US version games only have the $200 Income Tax, excluding the 10% option.
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Some house rules mandate that Income Tax always be 10%, or some other value. In the [[Monopoly: The Mega Edition|Mega Edition]], Income Tax is the 5th space rather than the 4th; in the [[Here and Now Edition]], the space is worth $2,000,000 (or 10% of the player's total; as this edition was released prior to 2008).
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===Original 1935 Edition===
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In the original 1935 edition, the tax amount was $300; the change to $200 didn't come until a year later.
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===Mac Edition===
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In the 2000 Mac edition, the tax % could be 0%, 5%, 10%, 15% or 20%. In dollars, it could be $0, $100, $200, $300, and $400.
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===2007 Edition===
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Here, the Income tax can exceed $200 unless landed on early in the game:
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""INCOME TAX": If you land here you have two options: You may estimate your tax at $900 and pay the Bank, or you may pay 10% of your total worth to the Bank. Your total worth is all your cash on hand, printed prices of mortgaged and unmortgaged properties and cost price of all buildings you own."
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===Variants===
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* [[Boutique Edition]]: '''''Shopping Spree'''''
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* [[Major League Baseball Collector's Edition]]: '''''Strikeout'''''
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* [[NASCAR Collector's Edition]]: '''''Black Flag Tax'''''
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===External links===
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* [http://www.winning-moves.com/images/mono35bookweb.pdf Monopoly 1935 Original Instructions - Winning Moves]
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* [http://www.hasbro.com/common/instruct/00009.pdf Monopoly 2007 Instructions - Hasbro]
 
[[Category:Taxes]]
 
[[Category:Taxes]]
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[[Category:Spaces]]
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[[Category:Gameplay]]
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[[Category:Monopoly]]

Revision as of 23:27, 20 March 2018

Monopoly income tax space US pre-2008

Pre-2008 US Edition

Income Tax is the fourth space on a standard Monopoly set, and is one of the least-liked spaces on the board. People hate this space because when a player passes Go they use that money to pay the tax.


Tax Options

When a player has the misfortune to land on the Income Tax space, he or she must immediately choose one of two options: estimate their taxes at $200 and pay to the Bank, or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. A player must decide their option before adding up their total assets.

For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed Go 3 times, unless you think you have very low holdings and want to pay the 10%.

Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. As of September 2008, the new regular Monopoly US version games only have the $200 Income Tax, excluding the 10% option.

Some house rules mandate that Income Tax always be 10%, or some other value. In the Mega Edition, Income Tax is the 5th space rather than the 4th; in the Here and Now Edition, the space is worth $2,000,000 (or 10% of the player's total; as this edition was released prior to 2008).

Original 1935 Edition

In the original 1935 edition, the tax amount was $300; the change to $200 didn't come until a year later.

Mac Edition

In the 2000 Mac edition, the tax % could be 0%, 5%, 10%, 15% or 20%. In dollars, it could be $0, $100, $200, $300, and $400.


2007 Edition

Here, the Income tax can exceed $200 unless landed on early in the game:

""INCOME TAX": If you land here you have two options: You may estimate your tax at $900 and pay the Bank, or you may pay 10% of your total worth to the Bank. Your total worth is all your cash on hand, printed prices of mortgaged and unmortgaged properties and cost price of all buildings you own."

Variants


External links