Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1919-02-27
IS
NOW FIGURING
INCOME TAX
In Order to Be Helpful to Public,
Internal Revenue Bureau
Has Every Available
Officer in Field.
SEVERE PENALTIES IF YOU
DELAY BEYOND MARCH Is

With the due date for Income Taxes
only n few weeks away. the collection
OF this far-rcachng tax on 1918 in
comes has started of with bang.
Everybody is figuring income tax.
Payments and sworn statements Of
income must reach Internal Revenue
offices on or before March Is, and there
are severe penalties for delinquency.
Residents of Minnesota are required
To make their returns and pay their
taxes To Edward J. Lynch, Collector Of
Internal Revenue. st. Paul, Mimi. or
To any Of his deputy collectors who
are now doing free advisory work on
Income Tax.
PAY your Income Tax by March
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 40 this year.
Income tax returns must be made
between now and March Is by persons
who come under the following classifl-
cations:
Any unmarried person whose 1918
net income was $1,000 or over. Wild
ows and widowers. Divorces and mar
ricd persons who are living apart from
their husbands or wives. are for the
purposes Of the Income Tax CHASED N
unmarried.
Any married person living with wife
or husband whose 1918 net income was
5000 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 In In either of these classical lions
must get busy at once II penalties are
to be avoided. He should secure 4
blank Form lO4O A for reporting net
income UP to $1,000. or Form 1O4O II
his net income exceeded that amount
Forms are being distributed by Coilec-
tors and their Deputies. also BY banks.
by following the instructions on the
| forms correct return can be prepared
| at home. II q person needs advice or
aid. the Deputy Collectors In the fleld
| 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 its men to work right with
the public 70 get the tax and the -
turns In. With active cooperation
| every tnx due March 10 will be paid
and every return required By law viii
be In the Revenue oflices on tims.
Exemptions Are Allowed. &
A single person In allowed personal
exemption Of $1,000. n ne II support.
Ing In his household relatives who are
dependent upon him he may claim the
| status OF the head Of family who has
the same exemption 40 X married
| A married person who lives with
wife or husband In allowed 4 personal
exemption Of $1,000. The head Of !
family ID entitled to claim I similar
personal exemption.
An additional exemption Of 9200 d
allowed for each person under eight
cen or incapable Of self support who
was dependent upon and received biz
chief support from the Taxpayer.
A husband and wife living togethes
! are entitled to but one personal X
emption Of $1,000. II they make sep-
arnte returns the exemption may ~
claimed by either or divided.
Accuracy Required.
Absolute accuracy Ia necessary n
making up income figures. Any per.
son who In working for wages should
ind out exactly how much he received
| during the whole year 1918. Fees,
,ank interest. bond interest. diyidenda
rents received and all other Items
must be reported correctly. Mere
gnesses are not accepted, for they are
unjust alike to the taxpayer and the
| Government and defeat the proper I'D
minfSfra ffOn az the Law