Show m n r. r 1920 TAX INCOME X INFORMATION TION Work York has begun on the collection collection tion of the income tax for the year 1920 Uncle Sam through the B Bureau reau of In Internal Revenue is addressing to every person in inthe inthe inthe the United States the question What was your net income for 1920 The answer permits hermits of no guesswork Every single person whose net income for 1920 was 1000 or more and every ev every ev- ev very v- v ery married person whose net in income income income in- in come was 2000 or r more is required ed to file filea 2 a return under oath with the collector of internal revenue revenue revenue rev rev- for the district in in which he lives on or before March 15 1921 The penalty for failure is a afine afine afine fine of not t more than 1000 and an additional assessment assessment- of 25 per cent of the amount tax due For wilful refusal to make a return return return re re- re- re turn the penalty is a fine of not more than or not exceeding exceeding exceed exceed- exceeding ing one years year's imprisonment or both together with the costs of f prosecution A similar penalty is pr provided for making a false fals or fra return together r with an add additional assessment of tax evaded The income tax applies to women women women wo wo- wo- wo men as well as men Husband and wife must consider the in income income income in- in come of both plus that of minor dependent children and if the total total- equals or exceeds exceed 2000 a return must be filed A minor who has a net in income o e in his own own wn right of 1000 or or- more must fil file a separate return To To be allowed al allowed al- al lowed oWed the 2000 exemption a married person must be living with a husband or wife on the thelast thelast thelast last day of the taxable year December 31 1920 Divorcees separated by mutual agreement widows and wi widowers widow widow- ow- ow ers unless they are the sole support support support sup sup- port of others living in the same household in which case they are allowed the 2000 exemption exemption exemption tion granted the head of of- ofa a a family family fam fam- ily By ar are entitled to only 1000 exemption ex ex- emption The normal tax rate for 1929 19 Q is the same same sam as for 1919 4 1919 4 percent per percent cent cent on the first of n net t income incOme above the eX exemption and per Sper 3 per cent on the remaining net income This applies to every citizen and Sand resident of the United States In addition to the nor normal mal tax a surtax is imposed upon net income in excess of Full instructions for m making king out returns are contained on the forms copies copies' of which may be obtained from collectors o of internal internal internal inter inter- nal revenue Persons whose net in income me for 1920 was or less should use Form Those with incomes in excess o of should use Form 1040 Revenue officers will visit ev ev- ery cry county in the United States to as assist taxpayers in making I out their returns The date of their arrival and the location of their offices will be announced by bythe bythe bythe the press or may maybe be ascertained upon inquiry at the offices of collectors T This lis advisory sert service service ser ser- I t vice is with without ut cost to taxpayers i if 3 ers era f f Ir A t. r s |