Show 1 SUNDAY MORNING JAr JAN JA a Y 1 COME BLANKS II NEARLY READY of Returns Must Be e I Prom Prompt P t The he following statement was Issued oday flay by Collector of Internal evenue e James H H. H Anderson for tor the of Utah A 1040 revised and simpli- simpli led for filing flUng individual returns of or for the calendar year car 1921 of 0 f and less will be available e Wednesday January 18 at the office of collector of internal revenue a at t It Lake City and the following ranch branch offices Ogden Logan Richfield Rich Rich- field Price and Milford Utah A copy Y will will- willbe be mailed to taxpayers who las last las t year rear ear filed a a. return but failure to re receive re- re elye the form does not relieve a a. taxpayer taxpayer tax tax- payer ayer of ot his obligation to file tile a a- a are re return return re- re turn on time on or before March 15 15 1922 The form has been reduced from m six to four tour pages two of pf which are are devoted to instructions which should be carefully read by bythe I the taxpayer taxpayer taxpayer tax tax- payer before filling in the blanks A tudy of these instructions will greatly lessen difficulties heretofore encountered encountered t ed in correctly making out the returns re re- re turns Returns are required of ot every single person perso and eer every married person not living flying with husband or wife whose net Income for 1921 was 1000 or more more and of every married person living with husband or wife whose net income was 2000 or more If the combined Iet income Income in income In- In come of husband wife and dependent minor children equaled or exceeded 2000 or if the combined gross Income of at husband wife and dependent minor children equaled or exceeded 5 00 all aU such income must be reported on a joint return or in separate returns of husband or wife If single and t the he net income including that of dependent minors if it any equaled or e exceeded 1000 or if the gross income f or exceeded a return must be filed A minor however having a net neti i Income come of ot 1000 or 2000 according to marItal status or a gross in inome once ome of must file a A. return The The requirement to file al a return a return of gross income regardless of ot the amount of oi net income upon which the tax i is ass assessed is a new provision KNet Net income is gross income less c certain deductions which are explained on on the form Under each of or the above conditions conditions condi condi- a return must be filed even through though no tax is due The exemptions are are 1000 for single persons and mar maiS maiSried vied ried persons not living with husband Or wife 2500 for married persons persona living living living liv liv- ing with h husband or wife whose net l Income come for 1921 was or less and 2000 for such persons whose net income In InCome Income In- In Come come was more than The exemption exi exemption ex- ex ex ex- emption i for dependent a person under under un- un der ider 18 years of age or mentally or physically defective has been increased In Increased Increased In- In creased from to H A A head of a family a person who actually supports in one household one or more persons closely related to ti him or her by blood marriage or adoption is granted the same exemptions exemptions allowed a married person P The normal tax rates are arc unchanged unchanged unchanged un un- un- un changed 4 per cent on the first income above the exemptions and 8 per cent on the remaining net Income The tax this year as last may i y be paid in full at the time of filing flUng ih the return or in four equal instalments d due e on or before March 15 June 15 S September 15 and December 15 penalties are provided b by bythe bythe the new revenue act for failure to tofile tofile file tile a return and pay the tax on time Announcement will be made through the press of the date of release re- re release release re re- lease of form 1040 for filing Individual return of income of more than I I i |