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Show Y oibp 1917 Incoiiio Tax Ketwrns WHO MUST FILE Everyone whose 1947 income was $500 or more. WHEN TO FILE As soon as possible after January 1st, 1948, not later than March 15, 1948. FORM OF RETURN Use either your withholding statement, form W-2, or form 1040. If you use form 1040 keep your withholding statements state-ments for your records and do not send them to the collector. WHERE TO FILE With the Collector Col-lector of Internal Revenue for your district. WHERE TO GET FORMS From your employer, bank or post office. TAX EXEMPT INCOME Do not include in your income only wholly exempt items, such as, Mustering out pay, Military pay of enlisted men. Government contributions to monthly family allowances, and social so-cial security benefits. HUSBAND AND WIFE If husband hus-band and wife each have income of their own. thev can claim both exemptions on the same return only by including both incomes in a combined return. DEPENDENTS INCOME You can claim an exemption for supporting sup-porting a close relative, only if the relative has less than $500 income of his own in 1947. If a dependent for whom you claim exemption had income of less than $500 from which tax was withheld by an employer, he should file a return to get a refund (even though you get an exemption for him). COLLECTOR FIGURES TAX If you use your withholding statement state-ment as your return, mail it to the collector, who will figure your tax, give you credit for tax with held, and send you a bill or a refund check for the difference. |