The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-22
SUM AIDS PERPLEXED CITIZENS IN
PREPARING INCOME TAX RETURNS

Charles w. Anderson ihterha' reVen"e
urducs,ous.
81 600 per annumJ liable 10 taxation under
the recently enacted law u he does and ha.
an Invalid father, ass 10. whose ciothins
and Insurance premiums to extent OF etB
sre yearly paid by the SOM The latter also
co n ,owa .ne dpsm xha i,ys M,
from HUSBAND
Answer--An unmarried man IL allowed
an exemption Of $4,000 per annum and
therefore YOU would not be required TO
nav any tax on your income unless you
received over $4,000 during the period
from, March 1 to December 81. 1918, II
YOUR income liz exactly $4,000 q year.
or $4,000 for the ten months Of 1913.
Won should hle a return unless you have
80 .,n,, 80 asa,,c, Tn. ~,
penses mentioned above are not allowable
deductions.
n.A-.~s~..
ueoecsso"s'
,7i--r n a, Can aeduc, from sross
Income ars insurance on furniture IN an
apartment ,.,,o, ,. %, v,o,. x.., q,
,e,s ,,a,n s,oss ;ncomsg
A,.w.rU, No
,o No on,v 6ve..,x,b.
TAG Exempt COupOns.
- a. - a.. - , . s..
a. zoo .,cln.,,e OF isoc real estate rentsis:
The balance consists Of dividends and In
terest on gas. express. United states stee,
.m,,ss ~ nn, ,hsIa ,ssnsc,'va cor
porstions nay the tax and am I no, there.
fore exempt from Ming return under the
Income YAK law
portion Of your income Is from dividends
,mpossibl. for us TO tell YOU whether or
,,t a return fn is necessary. II your net
income exclusive OF dividends. was $4,000
or over for the ten month. Of i.is Gov
cred by the income tax law lMAen ! 20
not the corporations pay the tax on your
p,o,.., u,..L..
if,-w. ID W Can you inform m. /,
there has oesn any general form Of protest
income tax return which viii Inur. TO the
taxpayer the bsnent OF any decisions In his
favor which may be made IN the future7
Answer-A 9ensrl form Of protest has
been drawn up BY a committee OF law
| yerr nd NAV be obtained from many o,
the trust compan,es and bankers. This
HANK covers practically all the points that
hav. been raised in connection with the
return required for individuals. Each in
dIvidual who uses the form should strike
out the words or paragraphs which do no,
apply to his case, IL is of course neces-
! gary TO file some sort OF a protest in or
der 10 obtain any refund IL later any OF
| the rulings or regulations are reversed
,as ,,,.,s ~. ,,s,,,s,,., q. -"s,,,a
g., Month. ,,,.r..,
jSy };is int 600 on 5'e j.Ss
AIRY l. lsit In making my return Tor n
Ten months from March ! 70 neeemnett 81 =.
computed as net income "receved by OF
accrued to" me t.se line In italics a. TOP
specihed7 In other words. must return =,
part OF my income Tor THIS psrioa ths
amount OF interest thai was earned oeiors
the low eecsma operative tthat " dartno
January ana FeoruAry lsls snd also IN.
P sifss and nd b.csms-r 81 isis Nv, Which al
not become paysols unui ahrr inc '~'oe
da'e s ,.. nm ,.., ..,.,. 4, Ma,
end Novembe-' isia. Can deduc, IN. fli
amount paid or "nty i've siNths thereof
Answer-ID According to the iatee
rulings N the Treasury Department YOU
should include the entire interest receives
II II was due and payable within thu
| taxable period. II might be we'll Tor yo'
to enter protest with your return
against including the interest which &C
crued In January and February In orde
TO obtain the benert OF any refund q
iater VIC rui'nss y" "'s punt '"ou'u ~
,2D You can deduct only Nve-s,xths o
/ xo,,, tax.s
'"u' '"N'''
.. 49,.
torporation Tormea ~ iSio'
,-,v n -, =, ,,. c... =,
,rn,,.. ,c.il.d .lso a nduriary1 n the to,s
tusn. wp.ss ~ .s,va. TO- IA nav. oys
neI YIN, n.dni.r, re- ner. 'vt any Zoo from
20 ths cehen.,Ty pc hore man 1917 Hon
Msreh 4 1871 70 pessTosf asis' ~
w het ihcotne rSeNea an" S"a n
ueaucuns n's4aenn on ",n " p
.ope "hoh pay an inC",he Va. 80 $3.50
\" w NJ" a. 80 80. 30 n. ma
N "lhe' 49, :, W ~ "" -,,' ~, -,
ny nc trustft ~ 'Att Vt ''N"'r. ", ~
'rnpe .l"nss. u',""sr VI Wv ~ VS. ~,
,ri'.i.e rsS. 10 make any rriurn uh.t,ver'
,2l In the case Of - corporation oSsanize
IN the month OF De,e'nber. lsly Co.'s u h.N
70 MAJ nr5 70 MAJ ,sauc,io,s r.,
IL make from it, Income
Arswer--tD No return would be n
r auired by AN Individual in such a car
and we therefore do not SEQ why tho sam
should not he true Of trustees
,2) W. think that a return should h
haa no me-, income ara would therefor
not be subject To the tax. You should oh
. tain IN. proper blank Form lO3b) fro,
,rn col,ac,or n, interr,i rsyeru. ~ vo,
tne co"tc'ot oi n,e'nai revenue VI y"u
District ana this VIII snow you the aioWa