[1] Selma Fine was born in New York City on January 17, 1912,[2] and attended Morris High School in The Bronx.
[1] Fine began working for the United States Department of Agriculture and then for the National Resources Planning Board, where she began working on income tax data.
[2] During this time she married Yale economist Raymond W. Goldsmith.
[1][3] Fine was married to Raymond W. Goldsmith, Professor of Economics at Yale University.
[1] In 1962, she was elected as a Fellow of the American Statistical Association for "numerous definitive studies clarifying the complex relationships among the statistics relating to the distribution of family income, family expenditures, and the national income accounts".