Show US ij S goat eases 1958 chore for busy T uncle sam is going to make it easier for mIll turis of tax payers to file their 1958 federal income tax returns the card return form for 1058 1958 tiling filing has been revised to cover employees with incomes up to commissioner of internal revenue russell G harrington anjou aced today in previous years this simple card form could be used only by employees with incomes under the limit has been raised to without sacrificing the simplicity which made the form so convenient for people who used it in prior years year commissioner harrington arrington II added the new card form may be used by any individual with total income of less than consisting of wages reported on form W 2 and not more than in dividends interest and wages not subject to withholding husband and wife also may file a joint return on form if their corn combined income does not exceed these limits mr harrington arrington II said and he added by using form ferm tax an era automatically claim the ithe standard 10 percent deduction allowed by law for personal expenses such as contributions interest payments medical expenses and the like taxpayers with allowable deductions for these items in excess of 10 percent of their income must use the regular form 1040 if they wish to claim them for 1957 more than 14 mil lion taxpayers filed form internal revenue estl mates that as many as 31 million individuals could quality qualify and ease their tax filing chore by using the new form for 1058 1958 la Is the size olze of an average bank check and has 15 items to be filled in front and back taxpayers merely fill in the blank lines which apply enclose copies of withholding forms forma wa W 2 received from their employers and sign dy by following this simple procedure bir air ll arrington said taxpayers avoid having to use their regular four page form imo 1040 and its more detailed instructions ansti actions commissioner harrington said the expanded coverage of form is of major significance in the revenue services programs to simplify return filing for the average taxpayer and to permit the processing of returns return by use of high speed electronic equipment As in past years those taxpayers with income under may figure their own tax or have internal revenue do it for them since the law does not permit this choice to be extended to incomes up to taxpayers having 5 or more income figure their own tax mr harrington arrington ll said taxpayers may not use form it if they wish to claim 1 head of household or surviving spouse status 2 dividends received credit or retirement income credit 3 sick pay exclusion 4 de for travel transportation or outside salesman lesman a expense or 9 5 estimated tax payment credit blank forms and instruction sheets will be mailed to as many potential users as possible |