Salt Lake Telegram | 1941-02-13 | Page 15 | Your Income Tax

YOUR YOUR INCOME TAX Ig Uncle C Sa Sam Makes Close Check On Wages Wags of All I Editor note nole This is h the fourth in a series describing federal Income tax noting K chan changes es from the past H St is based on information furnished the U. U S. S bureau of Internal revenue Uncle Sam makes a close check on salaries and wages for rne tax purposes requiring employers ers to report earnings of by February 15 I This makes it difficult for persons to evade filing returns gross income for 1940 S s or more In the case of a isle gle person and 2000 or more married in n complying with this regula- regula n iI employers use two forms Wn as 1099 and 1096 They tilled with the commissioner N internal revenue returns dis- dis br ClIf C. C section Washington W lIf the marital status of the l Wove loye is unknown he must be Ported as single regulations failing r of federal Income tax urns urns' Uncle Sam is a strict t old In In in his expectations ac accept accept- ept- ept no no lo excuses for failure to make return Excuses for not doing so do ti relieve the delinquent from J for the the revenue department ns r i t 5 tr ti Neither the president of the United States nor the vice president president president dent nor federal j judges nor members of congress are exempt from filing returns department bulletins state All types of compensation unless unless unless un un- un- un less specifically excluded by bY I statute should be be Incorporated in the gross income shown on t tie the e return In addition to regular wages and salary fees tips bonuses prizes awards and retiring allowances allowances allowances allow allow- ances for past services must be listed If a person is paid in whole or part for services by anything I other than money the fair mark market mar- mar k ket t value of the thing taken must I be reported as income regulations regulations regula- regula I state