Cleveland County herald., 1919-03-13

  ] TAX
INy!6er toXs Helpful 10 Public, Internal Revenue Bureau Has Every Available
 Officer in Field.
SEVERE PENALTIES IF YOU
 DELAY BEYOND MARCH 15

With the due cate Tor Income IaAeS only few weeks away, the collection sof this farreachng tax on 1918 in- comes has started off with a bang. Everybody is figuring income tax
 Payments and sworn statements of income must reach Internal Revenue offices on or before March b, and there are severe penalties for delinquency.
 Residents of Arkansas are required to make their returns and pay their taxes to Jack Walker, Collector of Internal Revenue, Little Rock, Ark, or to any of his deputy collectors who are now doing free advisory work on Income Tax
 Pay your Income Tax by March 15," is the slogan of the Internal Rev enue Bureau. which las sent every available officer into the field to help the public to understand the require ments and to prepare the returns.
 Who Must kIake Return.
 It Is estimated that many thousands of single and married persons i'll this section of the Unted States who have never befores made annual returns are required to do so this year.
 Income tax returns must be made between now and March 15 by persons who come under the following classiii- cations:
 Any unmarried person whose 1918 net income was !r1 ,000 or over. Wid- ows and widowers. diyorcees and ar- Tied persons who are living apart frorc their husbands or wives, are for the purposes of the Income Tax eiaSsed as unmarried
 Any married person living with wife or husband whose 1918 net income was S2000 or over The income of both husband and wife must be considered, together with the earnings of minor childran, if any.
 Revenue Bureau Offers Aid
 Each person il the United States who is in either of these ella. sifications must get busy at once if penalties are to be avoided He should secure a blank Form 1040 A for reporting net income up to $5,0O), or Form 104G if his net income exceeded that amount Forms are being distributed by Collec tors and their Deputies, also by banks By following the instructions on the forms q correct return can be prepared at home If person needs ndvlce or aid, the Deputy Collectors in the ne.a will furnish this without charge
 The new Revenue law places the In come Tax duty on citizens and resi- dents. The Internal Revenue Bureau is sending it's men to work right with the public to get the tax and the re- turns in. With active cooperation every tax due March 15 will be paid and every return required by law will be in the Revenue offices on time.
 Exemptions Allowed.
 A single person is allowed per sonal exemption of $1000 If he is sup porting in his household relatives who are dependent upon him he may claim the status of the head Of a family who has the same exemption as if married.
 A married person who lives With wife or husband Is allowed a personal exemption of S2000. The head of a family is entitled to claim similar personal exemptiCA.
 An additional exemption of S200 is allowed for each person under eight cen or incapable oe self support who was dependent upon and received his chief support ftaIa the taxpayer
 4 husband and N'ife living together are entitled to but one personal eN emption of $2000. If they make sepa rate returns the exemption may be claimed by either or divided
 Accuracy Required
 Absolute accuracy is necessary i0 making up income figures. Any Der son who is working for wages should find out exactly low much he received during the whole year 1918 Fees, bank interest, bond interest, dividends, rents received and all other items must be reported correctly. Mere guesses are not accepted, for they are unjust alike to the tANpAypr and the Government and defeat the proper ad- nnistration of the law.