Consign Your Best Items with Lelands. We Also Pay Cash on the Spot! Learn More Here.
1937 Babe Ruth Federal Income Tax Return
<p>Great detail on this unsigned return (8.5x11"). Ruth was a charitable man: He listed donations to the Salvation Army, the Red Cross, the Police and Firemen's Benefit, and to churches. The Babe also took a deduction of $3,372.92 for "Baseballs, Photographs, and other items necessary for advertising, etc." The IRS later disallowed these deductions and Ruth later fought the IRS on this matter and won. Also listed on the four-page return is, "Rent of safety deposit box." (can you imagine what was in there!!!) Made incredible income for retired ballplayer of $178,876.59. This great post-playing success can be attributed to his amazingly creative agent, Christy Walsh.</p><p> </p><p><span style="font-size: 13.3333px;">T</span><span style="font-size: 13.3333px;">his collection is originally from Babe Ruth’s right hand man: Mr. Joe Bihler. Bihler handled personally the Babe Ruth account for christy Walsh, Babe Ruth’s legendary agent. Bihler & Walsh took loving care of the Babe from the peak of his playing career, till his final years. </span><br style="font-size: 13.3333px;"><span style="font-size: 13.3333px;">Along with their #1 client Babe Ruth, Walsh & Bihler represented most of the major sports legends over their careers including lou Gehrig, ty cobb, Knute Rockne, John McGraw and many more in a myriad of different sports. These important documents are fascinating look into the life and times of George Herman “Babe” Ruth. they include several of his income tax returns, income notes from his banner 1927 year showing great detail of his earnings, a telegram from a racist police chief, and a great letter Ruth sent to the IRS regarding a deduction he made for his wife acting as his secretary. </span></p>
Past Sports Card, Memorabilia, Non-Sports Card and Collecitble Auction Items
Other past auction items that may be of interest to you.
1942 Babe Ruth Bank Check Made Out To The New York Yankees (PSA)
1939 New York World's Fair Academy of Sport Photos from Babe Ruth's Right Hand Man (12)
Fascinating 1921-38 Document "How Babe Ruth Made His Money"
1930s-40s Letters to Babe Ruth w/His Premature Death (11)
1920s Football Humidor & Letter Presented to Babe Ruth's Right Hand Man
1942 Christy Walsh "Pride of the Yankees" Letters (30+)
1930s-40s Babe Ruth Stationery & Envelopes
