Perth Amboy evening news., 1919-02-25
FIGURING
ON INCOME TAX
Severe Penalties if Delayed Be-
You'd March IS, Revenue Of
flee Points Out

with the due date for Income Taxes
only a few weeks away, the collection
Of this far-reaching 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
ofices on or before March 10, and there
are severe penalties for delinquency.
Residents of New Jersey will make
returns and pay their taxes to Samuel
Iredell, Collector Of Internal Revenue,
Camden, N. j., or to Charles v. Duhy,
Collector of Internal Revenue, New
ark, who are now doing free advisory
work on Income Tax.
PAY your Income Tax by March
49," is the slogan Of the Internal Rev
enue Bureau, which has sent every
available officer into the field TO help
the public to understand the require
ments and TO prepare the returns.
Who Must Make Return.
1t is estimated that many thousands
of single and married persons In this
section Of the United States who have
never before made annual returns are
required to do SO this year.
Income tax returns must be made
between now and March Is by persons
who come under the following classic
cations:
Any unmarried person whose 1918
net income was $1,000 or over. Wild
ows and widowers, divorces and mar
! ried persons who are living apart from
their husbands or wives, are for the
OF the Income Tax classed as
unmarried.
Any married person living with wife
or husband whose 1918 net income was
$1,000 or over. The income of both
husband and wife must be considered,
together with the earnings Of minor
children, II any.
Revenue Bureau Offers Aid.
Each person In the United States
who ie In either of these classifcatiOns
must get busy at once II penalties are
to be avoided. He should secure q
blank Form 1910 A for reporting net
income up to 5000, or Form 1040 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. II a person needs advice or
lid, the Deputy Collectors in the field
will furnish this without charge.
/ The new Revenue law places the In
come Tax duty on citizens and resi-
| dents. The Internal Revenue Bureau
10 sending its men to work right with
the public to get the tax and the re-
turns In. With active cooperation
svery tar due March Is will be paid
and every return required by law will
be in the Revenue onices on time.
!, Exsmptiens Are Allowed.
A single person 10 allowed q persona
exemption Of $1,000. II he 10 support
ing in his household relatives who ar
dependent upon him he may claim tn
status Of the head q : famky wAe he
5 s.1ens41mSt5ss M Married.
' A married perSon who lives wit
wife or husband IL allowed a persona
exemption Of $1,000. The head Of
family In entitled to claim a similsl
personal exemption.
An additional exemption Of 5000 II
allowed for each person under eight
cen or incapable Of self support WHIT
was dependent upon and received hi
chief support from the taxpayer.
A husband and wife living together
are entitled to but n personal eI
smptien Of $1,000. II they make sep
arats returns the exemption may b.
claimed BY either or divided.