Luvsbway Posted February 9, 2016 Report Share Posted February 9, 2016 Link to comment Share on other sites More sharing options...
Neil Posted February 10, 2016 Report Share Posted February 10, 2016 Fascinating stuff: Lucie's real name: "Desiree Lucie Arnaz"?? And this is 1953: what about Desi, Jr.? Maybe one of them claimed one child; and the other claimed the other. But why didn't they file a join return? Adjusted for inflation her $181K income is roughly $1.6M today, but still.....you'd think her income would have been much more. I always read they got $250,000 as a package from MGM for "Trailer". No wonder she was carping about Elois Jensen's request for a raise. Note the income from "What's My Line?": $200 ($1775 today). And $5 to Father Flanagan? Link to comment Share on other sites More sharing options...
Luvsbway Posted February 10, 2016 Author Report Share Posted February 10, 2016 I’m thinking that for whatever reason it was better to file separately to get the best advantages/deductions, etc… So I’m going to assume then that Desi claimed his son on his return. Since Lucy claimed her mom as a dependent on her’s I bet Desi claimed his mom on his as they sort of had the same arrangement with the mothers. No idea on Lucie’s name but from magazine articles it seemed like they went through a few years not knowing what to call her in the press. I did the adjust for inflation run on all the figures and was surprised at how little everything was based on how popular they were and how big the show was. A huge movie and and the #1 TV show and she only cleared 1.6 million for the year? The Big Bang cast is making $1 mill an episode each. Also her car wasn’t that expensive either. Adjusted it was only $42,000. I want to know what kind of Cadillac it was. The charity donations seemed low but I think they donated so much of their time it worked out. I also think they probably split those charities up over the 2 returns. And I thought that What’s My Line rate seemed low. I wonder if they only paid celebs scale to appear on those things. Link to comment Share on other sites More sharing options...
HarryCarter Posted February 10, 2016 Report Share Posted February 10, 2016 What's My Line? mystery guests eventually got $500. I'm not sure when the fee got bumped up. Guest panelists made $750. The strange thing is that neither Lucy not Desi appeared on What's My Line? in 1953. Desi was on in November 1952 and Lucy in February 1954. Could this tax filing go beyond the calendar year? Link to comment Share on other sites More sharing options...
Freddie2 Posted February 10, 2016 Report Share Posted February 10, 2016 Interesting that their business manager was a Mr. Hickox. I always forget that Fr. Flanagan's Boys Town was a real thing. The fact that they donated to "Sophie Tucker Playground" made me lol. Link to comment Share on other sites More sharing options...
Luvsbway Posted February 10, 2016 Author Report Share Posted February 10, 2016 Mr. Hickok had his named used on the series. He went back all the way to Lucy's starlet days when she wasn't making a lot but took the advice of Bill Holden and got a Business Manager. Link to comment Share on other sites More sharing options...
LucyEths Posted February 10, 2016 Report Share Posted February 10, 2016 A friend of mine who is a CPA was over my house and I showed him it. He thought it was one of the most fascinating things. Especially the fact that she filed separately from Desi. Not sure if it was that or something else but he said the way she filed was somewhat illegal, maybe nowadays I guess. Link to comment Share on other sites More sharing options...
RodMcK1 Posted February 10, 2016 Report Share Posted February 10, 2016 If I calculated correctly, Lucy's effecitve tax rate was about 65%. Wow. I hate to sound Republican, but I don't think the government should get over half of your earnings no matter how much you make. Link to comment Share on other sites More sharing options...
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