Middlebury register. (Middlebury, Vt.) 1886-1937, 1914-01-16
u. S. MUST SEND OUT INCOME
TAX FORMS TO PUBLIC.

Washington, Jan. 5.-The form and
regulations for individuals in making
returns of income subject to the new
tax were sent out today by the
Treasury Department.
Samuel H. Boyd, in the charge of the
income tax division, said it would be
the duty of the internal revenue col
lectors to mail copy of the form to
every taxable individual in his dis
trict. The forms when properly filled
out and attested can be returned to
the collector through the mails. If
this is done the individual must him
self pay the notarial fee. If personal
application is made to the internal
revenue collector the attestaton can
be had free of charge.
For the past year 1918 March ! to
December 81 inclusive) exemptions
will be So, 800. or SO, 1888. 80 for mar
ried person, and in future years $1,000
and 81, 600. Where the tax has been
withheld on part of the income at the
source, or where part of the income
comes as dividends on stock of a cor
poration taxable under the corporation
tax section. such income shall be
deducted from the individuals taxable
total net income.
Return must be in the hands of the
Collector of Internal Revenue in the
district where the payee lives, or where
he has his principal place of business
not later tn IN March /; failure to be
punished with fines ranging from 500 to
$1,000.
Refusal or neglect to file returns,
except in case of sickness or absence,
will result in an addition of so pei
cent to the tax assessed. In case of
false or fraudulent return 100 per cent
will be added to the tax assessed and any
person found guilty of intent to evade
the tax will be subject to a maximum
fine of So, 900 or one year in Jail, or
both.
An extension of thirty days from
March ! in case of sickness or absence
may be allowed on application.
Returns must be accompanied by oath
or affirmation.
Expenses for medical attendance,
store accounts, family supplies, wages
of domestic servants, cost of board,
room or house rent shall not be de-
Quoted from gross income. Persons
who own their own houses cannot de-
duct estimated value of rent.
The farmer is required to include in
his net income all money from produce
and animals sold, for wool and hides of
slaughtered animals, if sold. He may
deduct sums paid for animals sold or
slaughtered, but value of animals raised
shall not be deducted. The farmer also
may deduct money paid for producing
farm products. live stock, ETC., and for
repairs. Cost of tools or machinery is
deductable, but must not exceed in
value those replaced.
Persons receiving fees or emoluments
must include all actual receipts, to-
gether with all unpaid accounts,
charges for service or contingent in
come for the year, IF good and collect.
able.
Worthless debts may be deducted
but not before proved so by law suits.
Amounts due or accrued to individual
members of partnership from net
earnings shall be included in the return
of the individual, whether distributed
or not.
United States pensions must be in
cluded as income.
Estimated advance of real estate
value is not required to be reported
unless placed as an assets in the in
dividuaPs books.
Costs of suit and other legal pro
ceedings in ordinary business may b.
deducted from gross income or a bust
ness.