The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1919-03-13
PAY AND file
INC0 Me TAX
BEFORE MAR. IS
U. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties viii Be Enforced.
WOMEN WITHIN LAWS SCOPE;
HOW THEY REPORT INCOME

The Income Tax drive comes TO \
close on Saturday night, March II.
All payments and returns due on
that date under the provisions OF the
new Revenue Law must be In the
hands Of local Internal Revenue Collec-
tors before their Offices close that night
The Income Tax is being collected to
meet the war expenses Every person
who shouted and footed his horn on
hrnistice Day is now called upon TO
contribute his share OF the cost of win
nirg the war.
The laggards and the dodgers VIII
face severe fines and jail sentences.
The Internal Revenue Bureau an
nounces that its officers viii check US
all up TO see that every person VINO
comes within the scope OF the Income
Tax law did his share.
Where to Pay and File.
Residents of Maine, New Hampshire
and Vermont should make their re-
turns and pay their taxes to Seth w.
Jones, Collector of Internal Revenue,
Portsmouth, n. H., or to any OF his
deputy collectors who are now doing
free advisory work on Income Tax
Payments sent by mail should be at
tached TO the returns and should be In
the form of check, money order or
draft. Cash payments by mail are sent
at the taxpayers risk of loss.
II you are unable to make your re-
turn personally because Of illness, abb
sence or incapacity an agent or legal
representative may make your return.
IL there are any doubtful points as
to your items of income or allowable
deductions you should get in touch ut
once with Revenue officer or bank
er for ADVICE
Women Pay Tax.
Women are subject to all the require
ments of the Income Tax. Whether
single or married, woman's income
from all sources must be considered
If unmarried or If living apart from
her husband she must make her return
for 1918 IL her net income was $1,000
CIR over
If married and living with her hus-
band her income must be considered
with the husbands in determining the
liability for return. Their joint in.
come, less the credits allowed by law,
is subject to normal tax. The wife's
net income is considered separately In
any surtax that may be due.
Husband and wife file jointly, as a
rule II the husband does not include |
his wife's income in his return the |
wife must file separate return.
Severe Penalties.
The new Revenue Law places severe |
penalties on person who fails to
make return on time, refuses TO make
return or renders fraudulent return.
For failure TO make return and pay tax
On time fine of not more than $1,000
IS named and 20 per cent of the tax
iue is added to the assessment For
wilfully to make return or
or making a false or fraudulent re-
urn there is fine of not exceeding
10000 and Imprisonment Of not ex-
,eeding one year, or both.
Farmers income Taxable.
Every farmer and ranchman who
lad fair or good year In 1918 must
iced the Income Tax this year. He
must consider all his income as tax
bile. He Is entitled to deduct from
lis gross income all amounts expended
n carrying on his farm. The cost of
arm machinery, farm buildings and
cannot be deducted.
he cost Of live stock, either for re-
ale or for breeding purposes, liz also
egarded as investment. L
Overtime and Bonuses Taxed.
Salary and wage earners must con-
lder as taxable every item received
rom employers and from other
ources. Bonuses and overtime pay
re to be reported as well as the regu-
n payments.
Allowances for Losses
Losses sustained In 1918 and not
Dvered by Insurance are deductlble
ems II incurred In the taxpayers
usiness or trade, In any transaction
ndertaken for profit or arising from
re, storm. shipwreck or other casu-
~ ar frap, thnft II