| Show THIS TELIS TELLS HOW NOW TO FIGURE INCOME TAX squarely up to every individual to get busy by march 15 or suffer penalty hl don t watt wait until the final due date march harch 15 for paying payin your income tax and d lacking your return avoid the tile last minute rush any person con can figure 04 file lil liability today as a well 82 a lie ile can next week and it if there Is t euy any point on which he needs advice he cor now get in touch w bilth ith a ile leei e ue wan this ord 1 of advice ie is f from roin IN william illium C unley collector or 0 internal ltee nue helena mont who ilo Is ting the tile income tax in montana idaho arid utah collector chaley haley Is gl ing w ith out charge every aid of his office and hh hn enlarged field force to help the ipie people get their payment payments and their return returns in by march hut but the income tax men aill not pull pun our doorbell or your coattail coat tails according to the collector collectors a announcement it la Is squarely equa rely up to every individual to figure out his hi own case and to get busy o 0 if it lie come comes within the cope scope ot of the tile new Ilo venue law did you earn thi this much nery unmarried person who ho received income averaging 1021 a it wiek during 1018 and every married couple who jointly received income averaging 1350 a week pek should secure at once from th lie nearest deputy collector or the nearest hank bank a blank borm 1010 A that form fonn contains the information he aill nee neef to enable him hill to figure ills his correct net income and any tax that he lie owes otes the tile government the law a requires require It that every dunmar ried person who had a ft net income of 1000 or over and mery married per sin n w hose net income was 2 2000 or over including the income of hu husband chand or wife and tho tile earnings of minor children it any must make a return on or before march esth and hie this requirement qui rement does not hinge on whether the parn owes oes a tar tax taxable income an individual must include under brosi rosi income all gains profits and ond in come derived from salaries ea teries wage or compensation for personal service of whatever kind 1 and I in whatever form paid or from professions vocations business salts or dealings in property of all aln kinds da interest rent dividend dividends 0 or I 1 profits derived from any source wh whatever atee very few hens of income tire ex elemr e deductions include ordinary and necessary business expenses interest paid or accrued on indebtedness taxes of all kinds except federal income and excess profits taxes j and assessments for lor local went bt befits losses actually sus bus laened debts ascertained to be worth tess 1 and depreciation on buildings roa ml thI chani ry flit ures etc used in busin business esq A further deduction Is allowed for con to corporations operated for rell plou charitable scientific or edu edt rational cat L ional pur purposes polie or for the prevention p of cruelty to children or animals to an rot exceeding I 1 per cent of the taxpayer taxpayers net ancor q as computed without the benefit 0 tr it contribution tl deduction the taxpayer Is 18 not allowed to deduct any personal per ronal ing wing or family ex pense retire any amount spent for improving property or any expense of restoring property or making good its 10 exhale lion for or which an allowance Is claimed under tinder depreciation figuring the tax before figuring the cornin normal tax the ae a e deducted as credits from net income together with the personal exemption As in pr previous avious year divi dmd of domestic corporation corporations are ex capt from normal tax when ben received by olt th stockholder tock hohler the normal tax rates for cittrons cit trens end and resident residents are as bollons fol lons on oil the art first 44 ia of net income in excess of the credits the rote rate Is 1 I per cert on city further taxable income the rat rate 1 Is U 11 per cent the surtax rates 1 apply to net in wilt cohle of each individual in excell of the personal and the dividends dividend are not deductible kiefor computing surtax in the case of r returns by husband and wife the tile act met in r ome of each Is considered separately 1 pi computing surtax that may be due form 1010 should be ud for making re actu tulis ns of net income exceed li it it and tre instructions on that form will show flow how hov to figure the out ur tax HOUM house returns Rt turn employer and others who paid a salaries wade rente interest or elm sim liar flar determinable gains in tn ut of 1000 or 4 er during 1918 lo 10 any marsou must file an in Info information mation return with till the government blanks may be secured from the 1 every partnership must a return 5 holaly lie its leome and deduct deduction lens and tle name and address of each partner wl vill me nix share of the profits or losses losse during the pa year personal 1 ervice corporations will flie file similar inform ik alon for 1018 1013 INCOME TAX PAYS I 1 FOR PUBLIC BENEFITS 1 I mewed it in if its largest and tro tru nt est ense sense lie tile payment 0 of taxes Is I 1 payment for benefit benefits reined or expected only from a nr nar row aad a cea ally ehatt 1 h and viewpoint can the Ill individual arn pose to himself the evasion of tax liability at A desirable 1 course of sctt it daniel C R koper ope r commissioner of Int erat i ate ft |
