The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-21
BLANKS FOR INCOME
TAX TO BE MAILED
Will Go to All Who Paid on
Incomes Under $4,000
Last Year.
CORPORATION EXTENSIONS
Full Return May Be Delayed
45 Days After Preliminary
Estimate Is Filed.


WASHINGTON. Feb. 20.-Commissioner
of Internal Revenue Roper to-day an
nounced the regulations under which cor
porations unable to complete their tax
returns by March is may get an extern
sion Of forty-five days
At the same time announcement was
made that taxpayers in the so-called
small income class who paid taxes last
year will receive their blanks this year
by mail and will not have to call for
them.
Copies Of form lo4O-A for filing Pc
turns of income Of less than $1,000 are
now being mailed to all Of last years tax
payers and those who filed returns but
had no tax to pay because OF exemptions.
Heretofore the taxpayers have had to'ask
for blanks.
Failure to receive the blank by mail
does not relieve the taxpayer. however,
from liability to penalty or from respon-
sibility. Those who do not receive
| mailed copies can get them at any in
ternal revenue collection office.
Text of Instructions.
The instructions on extensions OF time
for corporations are as follows:
Corporations and in urgent cases in
dividuals unable to complete returns and
file them by March 15 will be permitted
to file with collectors of internal rev.
enue not later than March 10 an esti-
mate of the tax due for the year. with
remittance OF one-fourth of such esti-
mated tax. Upon compliance with this
requirement the collector of internai
revenue Is authorized to agree to accept
from the taxpayer at any time within
forty-five days after March Is the COM
plete tax return.
ut will thus be seen that for all prac-
teal purposes a procedure has been pre-
| scribed by which an extension will ne
allowed in which to work out the details
OF the tax return and file 1t with the
collector. The blanks upon which the
corporations will make their income and
excess profits tax returns will enbody a
| special remittance form for this purpose
which may be detached from the main
body of the form and sent to the COL
lector with the remittance and held by
| the collector until the complete return Is
| filed.
Although the returns forms for indi-
viduals will not embody this special de-
| tachable remittance form, collectors OF
| internal revenue will be provided with a
supply of separate forms which will be
furnished to taxpayers upon request and
with which they may be able to secure
the same privilege as is accorded to
| corporations.
Three Big Advantages.
| THE advantages of the plan adopted
| by the department are, % the taxpayer
| Is relieved of the interest charge OF one
| half of l per cent. month that would
| attach to the payment due on March IS
| in the event of an extension of time for
| filing the return and paying the tax:
(2D the Government Will receive on
March Is the payment OF approximately
| the aggregate amount of taxes due on
| that day, with a view TO the collection
| of which the redemption OF outstanding
| obligations of the Government has been
| scheduled, and (3J by spreading over a
| period OF two months from March ! the
| receipt and examination of the most
| complex returns the machinery of the
| Internal Revenue Service is relieved
| from the tremendous strain of handling
| all OF the returns during the brief period
| from now until March is.
| Should the payment on March Is I'M
der this plan he greater than the amount
eventually found to have been due upon
examination OF the completed return. the
| excess payment automatically will be
| which will be due on June Is. How
| ever. the taxpayer will not be relieved
| by the plan of the interest due upon any
amount by which his payment on March
| 10 may fall short of the amount found
| to have been due upon examination of
| the complete return