The Robesonian., 1918-01-03
INCOME TAXES
Unmarried Persons Earning More
Than ST 900 and Married Per-
sons Earning More Than $1,000
Must File Report.


The great task of gathering income
tax and excess profits returns began
with the New Year.
Every unmarried person earning
more than 81 900 during the last year:
and every married person or head OF
a family who made more than Sz,-
600. must file with the internal rev.
enue collector of his district report
any time between January l ana
March 1. He will be notified before
June / of the tax due and payment
will be due by June Is.
The government expects to receive
S1,201 100000 from income taxes be
fore July 1, including $666, 900 700
from individuals, and 35,O0OOO0
from corporations. This is more than
one-third of the $3,400,0 100000 esti-
mated receipts under the war revenue
act passed by Congress at the last ses-
sion.
From excess profits taxes, the gov
ernment expects to realize about ST.
22O,OOO,O00 before July l.
The rate of tax for a married man
or the head of family is per cent
any time between January j and
ceeding $4,000, but less than $4,000,
and A per cent on the amount of his
net income above $4,000 but less than
$4,000. An unmarried person not the
head of family will pay 2 per cent
on the amount Of net income above
$1,000 but less than $4,000, and per
cent on the net income above $4,000
but less than $4,000.
An extra levy, or surtax, in addi-
ton to the normal tax, is imposed on
incomes above $4,000, so that the
amount of income between $4,000 and
$500 is subject to total income tax.
including both normal and extra, OF
5 per cent; and between $1,000 and
O.OOO, 6 per cent. The surtax furth-
ar increases with higher incomes, SO
that amounts of 81 100000 are taxable
at IS per cent with one per cent ad-
aitional for each half million up to
two million dollars. All incomes ov-
er the latter amount are taxable at
81 per cent.
Typical income tax levies on heads
Of families are as follows: Income OF
$1,000, tax is $40; income of $4,000
tax is $40; income of $4,000, tax is
$50: income of $4,000, tax is $40; in
come of $4,000, tax is $50; income OF
$4,000, tax is $50.
Unmarried persons would nay II
this way: income of 81 800. tax is Slo
income of $4,000, tax is $40; income
! of $2,5O0, tax is $50; income OF 80,
q 600. tax is $40; income of $500, ta1
is $50; income of $4,000. tax IS $50
income of 4,500 tax is 500; income
of SIS 1000, tax is $120.
Taxes may be paid in four install
ments between now and June 10, i
this arrangement is prefer ed, but tn
treasury will open a deterl lined cam
paign soon to encourage persons t.
pay their tax in full Immediately, an
receive interest on the advance pay
ment.
A small army of accountants, espec
tally trained for the work in school
conducted by district collectors 70
the past two weeks, will go into tn
field beginning Wednesday to assis
persons in filing their returns, an
will travel on pre-arranged iteners
ries for month or more. In add
ton, Federal agricultural agents, an
representatives of State and couE'
councils Of national defense, have Ell
listed in the campaign of education
By this extensive campaign of educ:
tion. Internal Revenue Commi
er Roper hopes to eliminate the chant
of failure to file return through j.
norance of the requirements.
In fact, officials in charge of the ts
gathering machine expect to elimi
ate the usual grudging spirit Of ta
payers. They have called this "Li
y erty Tax" because it's proceeds go
r the same war cause as the Liber
l bond issues, and every effort will
+. made to encourage the spirit Of wi
ing giving among those on whom
tax falls.
About 100000 persons will pay
come taxes, it is estimated and me
will be subject to direct Federal t
ho
600 paid income taxes last year und
the old law. Tax return forms ha
been made as simple as possible, the
fer incomes Of less than $4,000 bel
especially free from technical featul
or inquisitiorial items.
Corporations will pay income tai
also, but on a different basis. Th
net income is subject to tax Of
per cent under the new war reve1
act, and certain technical deducti,
are allowed. Corporation returns
due between Jan. 1 and March l
the calendar year 1917, and compar
operating on fiscal year basis m
81 report within 60 days after the
of the fiscal year.
Beginning January 1 also, exc
profits returns for the year 1917
be received from corporations. D;
nerships and individuals. The
date for filing of these is March
the same as on income returns,
= payment must be made also bel
@ June Is, except under the fiscal \
arrangement.
Individuals making more than
600 during the year also are sub
! = j: i 4 ] ! + : ! 4 i 4
rx to an 8 per cent tax on their inc
N above that amount, independent of
IE regular income taxes. This per
! levy is imposed on individuals
no capital or with only nominal G
tai, such as professional men
money invested in books, dentist
physicians instruments or q
equipment.
Another kind of tax is laid on
cess profits OF business having