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Show mm tax RETURNS DUE Business Men, Farmers and Wage Workers Must File Schedules of Income for 1919. MARCH 15 LAST FILING DATE. Net Incomes of $1,000 or Over, if Single; Sin-gle; or $2,000 or Over if Married, Must Be Reported. The Income Tax imposed by Act of Congress on earnings of the year 1019 is now being collected. Upturns tinder oath must be made nn or before March Iff by every citizen citi-zen and resident who had a net income in-come for 1919 amounting to: $1,000 or over, if single; or if married mar-ried and living apart from wife (or husband) ; or if widowed or divorced. $2,000 or over, if married and living with wife (or husband). The status of the person on the last day of the year fixes the status for the year with respect to the above requirements. Under any of these circumstances a return must be made, even though no (ax is due. Husband and wife must consider the income of both, plus that of dependent de-pendent minor children, in meeting this requirement; and, if sufficient to require a return, all items must be shown in a joint return or in separate returns of husband and wife. A single person with minor dependents depend-ents must, include the income of such dependents. A minor who has a net income of $1,000 or more is not considered a dependent, and must file a separate return. Personal returns should be made on Form 1040A, unless the net income exceeded $5,000, in which case Form 1040 should be used. Residents of Utah should file their returns with, and make payments of Income Tax to, David C. Dunbar, Collector Col-lector of Internal Revenue, Salt Lake City. How to Figure Income. The best way to find out whether one must file a return is to get a Form 1040A and follow the instructions printed on it.' That form will serve as ' a reminder of every item of income, and if a return is due it tells how to prepare and file it. If in doubt on any point as to income Dr deductions, a person may secure free advice and aid from the nearest Internal Inter-nal Revenue office. Guesswork, estimates and other hit-jr-miss methods are barred when a person per-son is making out his Income Tax re-:urn. re-:urn. Accuracy and comple'teness must be insisted upon. The return is a sworn statement. As such it must be thorough and accurate. Salaried persons and wage earners mist ascertain the actual compensation received. Overtime, bonuses, shares in the profits of a business, value of quarters quar-ters and board furnished by the employer em-ployer and other items which are compensations com-pensations for services must be included. in-cluded. It must be borne in mind that compensation com-pensation may be paid in other forms than in cash. A bonus paid in Liberty Bonds is taxable at the market value of the bonds. A note received in payment pay-ment for services is taxable income at its face value, and the interest upon it is also taxable. Other Returns Due. Every partnership doing business in the 'United States must file a return on Form 1005 ; and every personal icrvice corporation must file a similar return. Corporations must file annual returns re-turns on Form 1120. Trustees, executors, administrators md others acting in a fiduciary capacity capac-ity are required to file returns. In some cases, Form 1041 'is used ; in jolliers, Form 1040; and still others, I return's on both forms are required. I Information returns, on Forms 1009 and 1006, must be filed by every or-lanization, or-lanization, firm or person who paid, luring 1919, an amount of $1,000 in salary, wages, Interest, rent, or other fixed or determinable income to nn-)ther nn-)ther person, partnership, personal service corporation or fiduciary. These Information returns should be for-ivaided for-ivaided directly to the Commissioner jf Internal Revenue (sorting division), Washington, D. C. |