The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1918-01-04

tf7py Penalties Provided FOR Failure
- File Them-eovernment Officials
WIZ Be in Every County to Assist
We Taxpayers.
hlnetons-"Must / pay an in
me tax"
tadf Is the question that thousands
Asnepicans are asking. The answer,
3 general way. lies in this state
enf
Every unmarried person having a
Ct income Of $1,000 or more, and ey-
Married person or head Of a fam
having an income of $1,000 or more
nst file a return. These returns must
VI til the hands of the collector OF In
srnaI revenue In the district In which
taxpayer lives or has his principal
8cR Of business between January ]
hd March i, 1918.
The man who thinks TO eyade this
tax "a making a serious error. Revenue
onicIals Will be In every county to
check returns. Failure to make a cor
rect retura within time specified
Involves heavy penalties.
met Income means gross income
less certain deductions provided for BY
the act. The law defines income as
profit. gain, wages, salary, commits
sions. money or its equivalent from
nfofeSslons. vacations, commerce,
trade, rents, sales and dealings in prop
efty, real and personal, and interest
from Investments except interest from
government bonds, or state, municipal
township OF county bonds. Incomes
from service as guardian, trustee or
executor; from dividends, pensions
royalties, or patents, or oil and gas
wells. coal land, etc. are taxable.
Normal Rate is 2 Per Cent.
The normal rate OF tux is 2 per cent
on net incomes above the amount of
exemptions, which is $1,000 IN the case,
Of 4 married person or head Of o fam
lly aud $1,000 in the case Of a single
person, a married person or head of
Il family IS allowed an additional ey
emption Of $500 for each dependant
child II under eighteen years Of age
or Incapable of self-support because
defective. The taxpayer is considered
TO he the head Of d family II he is
~ncluolIy supporting one or more per-
sons closely connected with him by
blood relationship or relationship by
m ela@e. Or If his duty to support
such person is based on some moral
oF legal ALLEGATION.
Debts ascertained to be worthless
and charged of within the year and
taxes paid except income taxes and
those assessed against local benefits
are deductible. These and other points
IL the income tax section Of the wal
revenue net win be fully explained by
revenue officers who will visit every
county In the United States between
January 2 and March l to assist tax.
payers in making out their returns.
onlcers TO Visit Every Locality.
Notice Of their arrival In each local
ity VIII be given in advance through
the press, banks and post Offices. They
viii be supplied with income tax form'
copies OF which may be obtained als'
from collectors OF internal reyenue.
The bureau Of internal e !
seeking 70 Impress upon persons sub
iect TO the tax the fact that failure f
eee this official in no way relieve
them Of the duty imposed by law 4
file their returns within the time speci
fed.
The government Is not required I
seek The taxpayer. The taxpayer
required to seek the government PEI
SONS ia doubt as to whether they ar
subject 10 the tax or not or as to hoy
Ia make out their returns, Will reodil
understand. therefore, that a visit
this official may mean the avoidanc
or later difficulties.
The penalty for failure to make tn
sftafu on time is n fine Of not les
Iflan $40 nor more than $1,000, an
h addition 10 per cent Of the amour
of |hr tax due. For making a falls
Or Fraudulent return, the penalty
fine mot to exceed $1,000 on not g,
ceeelns one years Imprisonment {
hoib. in the discretion Of the court, IN
IN addition 100 per cent OF the "a
cvaslea
~ E-n.