The Bridgeport times and evening farmer., 1918-01-25
ANSWERS TO QUESTIONS
ABOUT INCOME TAX LAW

for the Year 1917?
Yes your income for that year equals
exceeds 81 600 you married required
ess net income including that Of your husband WIFE
equals exceeds $4,000.
If you act the Guardian Of minor incompetent per-
the administrator executor trustee estate or
trust will be required of you for your
ward the estate trust for which you act the conditions
outlined under the head of Fducaries requiring RETURN
present in your
2-Where Should My Personal Return the Year 1917 be
Filed?
Section (a) of the Act of September 8, 1916 provides
that your may be filed with the Collector of Internal
Revenue for the district in which you have your legal resi-
dence principal place Of business your legal residence
is located in Collection District and your principal place Of
business in another it is optional with which Collector your
turn shall be filed but for administrative reasons the Commits
sioner of Internal Revnue desires that it be filed with the Col
lecor of the District in which your legal residence located
3-When May My 1917 Return be Filed With Collector
of Internal Revenue?
any day 81, 1917 but not later than
March 4, 1913.
4-WiI Failure to File My Return Within the Time Pre-
scrbed by Law Render Me Liable to Any Penalty?
Yes Under the provisions of Section 8 of the Act of Sept
1916, amended you will be liable to specific penalty Of
than $50 nor more than 81 you your
1917 return in the office of the Collector of Internal Revenue
for your District before the close of business March 1913
and the provisions Section 376 Revised Statutes
will also be liable to 50 per cent additional tax
Therefore, you should extreme to that your
return placed the mails in ample time to reach the office
your Collector before the close Of business March 1913
5-May Extension of Time Beyond March 1, 1918, be
Obtained for the filing of My 1917 Return?
Yes If, account of illness absence from home you
unable to render your return within the time prescribed
by law you may obtain extension of thirty days request
therefor is filed with the Collector of District before the
due date of the return See Section 376 Revised Satute In
this request you must state the why the return cannot
be filed within the time prescribed by law.
Collectors of Internal Revenue not authorized to grant
extensions Of than thirty days. but the Commissioner Of
Internal Revenue has authority under the provisions of Section
AZ c of the Act of September g. 1916 to grant reasonable
tension beyond thirty days in meritorous If desire
extension of than thirty days request should be
addressed to the Commissioner and should contain detailed
statement covering the which make it impossible for
you to file your return before March L.
6-WOuId Personal Return Rendered by an Agent for
and in My Behalf be Accepted?
by of Illness ABSENCE nonresdence, axpay
unable personally to render his return he appoint
agent act for him. and the return executed by the agent will
accepted he affidavit that he has sufficient know
ledge complete accurate return for his principal
responsibility for making the return and mourning
the penalties provided for delinquent erroneous false
fraudulent return
Would Happen Should Taxpayer Render False
With Intent to Evade Proper Payment
of Income Tax?
Under the provisions of Section 3176 Revised Statutes,
he would be liable to an additional tax 400 per cent
the provisions Of Section IS of the Act of September
1916 amended to fine of not to exceed $4,000 to
years Imprisonment BOTH the discretion Of the court and
to the costs of prosecution.
S-May Husband and Wife, Living Together, and Each
Receiving Independent Render Separate Returns
the husband and wife each receive independent
income equal to or in excess of separate returns may
rendered IT, however, the income of either is less than 81 OOO
but their income equals exceeds 0O joint
turn should be rendered
9-If Husband and Wife Render Joint Return, is the Ads
dona Assessed Against that Return Based Upon the Ag
gregate Amount of Income Shown?
The income will be assessed against the
gregae reported by the husband and wife whether
joint separate returns rendered. but the additional
taxes only assessed against the separate income of
each.
10-s Man EMIT led to Personal Exemption of
$4,000 $500 Additional Exemption Account Of Two De-
pendent Children Whose Total Net Income Does not Exceed
$4,000 Equal Exceed $4,000 Required Render
Return?
Yes. While he will not be required to income tax
he is required render if his net equals
ceeds $1,000.