Show MUST TAX ON YOUR INCOME matter that every american Is called on to determine without delay MARCH I 1 LIMIT FOR RETURNS tP failure to Fl file them leThem involves severe penalties taxpayers will be As titled by treasury officials in every very county washington the time has arrived for every american subject to the income tax division of the war revenue net act to figure up his income and file ahls return if he lie Is unmarried and ha bag a net income of 1000 or more or if he be is married or the head of a fam tam lly III and his net income Is 2 2000 or more be he must pay the tax hla ills return must be in the hands of the col lector of internal revenue in the dis brict in which the taxpayer lives or has his principal place of business before march 1 the man who thinks to evade this tax Is making a serious error revenue officials will III be in every eiery county to check returns failure to make a cor return within the ther time specified heavy penalties IN aset et income means gross income less certain deductions provided tor for by the act the law defines income as profit gain wages salary commis alons money or its equivalent from professions vocations commerce trade rents sales and dealings in property real and pe personal monal and interest from front in investments except interest from government bonds or state municipal ton township ship or county bonds incomes from service as guardian trus trustee tee or executor from dividends pensions royalties les or patents or oil and gas wells coal land etc are taxable normal rate Is 2 per cent the normal rate of tax Is 2 per cent on net incomes above the amount of exemptions which Is 2000 in the case of a married person or head of a tarn tam lly III and 1000 in the case of a person A married person or head of a family Is allowed an additional exemption of for each dependant child if under eighteen years of age or incapable of self sell support because defective the taxpayer Is considered to be the head of a family if it he is actually supporting one or more persons closely connected with nith him by hood blood relationship or relationship by marriage or if his duty to support such poison Is based on some moral or legal obligation debts ascertained to be worthless and charged oft off within the year and j taxes paid except income taxes and those assessed against local benefits f are deductible these and other points of the income tax section of the war ar revenue act i will be fully explained by revenue officers who nho will visit every county in the united states between S january 2 and march 1 I to assist tax payers in making out their returns y officers to visit every locality notice of their arrival in each local tty ity will bo be given ghen in advance through the press banks and post offices office 9 they r will be supplied with income tax forms copies of which may be obtained also RISO from collectors of internal revenue the bureau of internal revenue Is becking seeking to impress upon persons subject to the tax the fact that failure to see this official in no way relieves them of the duty imposed by law to cle tile their returns he tile time sped fled bed the penalty for failure to make the return on time la Is a fine of not less if than 2 20 nor more than 1000 and f in addition 50 per cent of the amount of the tax due for making a false or fraudulent return the penalty Is a n fine not to exceed 2 2000 or not ex one years ini imprisonment or t both in the discretion of the court and in addition per cent of the tax fc evaded As to the farmers t the number of farmers who NN will III pay income taxes has not been estimated sf by the government officials cIRIs but it la Is certain they will III form a large percentage of the persons asses assessed qed f phd never before have paid an income tax ahe he average farmer does not f keep books but it if he avails himself of f the services of government experts who he will be sent to aid old him it will not be difficult for him to ascertain the mount of his net income the fanner farmer Is making maling out his return may deduct depreciation in the value ot of property and machinery used in the conduct of his farm and loss by fire storm or other casualty or by theft it if not covered by insurance expenses actually incurred in farm form operation on may be deducted but not family or living IV expense produce raised on the farm and traded for grocer groceries leg benr ni apparel etc Is counted BI As living expenditures tures and cannot be deducted |