Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1919-03-13
EVERYBODY IS
NOW FIGURING
INCOME TAI.
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 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 o1
income must reach Internal Revenue
offices on or before March 10, and there
are severe penalties for delinquency.
Residents Of Wisconsin are required
to make their returns and pay their
taxes to Paul 4. Kenny, Milwaukee,
or to Burt Williams, Madison, Collec-
tors Of Internal Revenue, or to any OF
she deputy collectors who are doing
advisory work on Income Tax
PAY your Income Tax by March
10" 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 Rsturn.
It 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 10 by persons
who come under the following classifi-
cations:
Any unmarried person whose 1918
net income was $1,000 or over. Wild
ows and widowers, divorces and r-ar-
rfed persons who are living apart from
their husbands or wives, are for the
purposes Of the Income Tax cIassed 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 nliE0r
children, if any.
Revenue Bureau Offers Aid.
Each person in the United States
who is in either of these cla~ sificati0ns
must get busy at once if peh<ies are
to be avoided. He should secure q
blank Form 1910 A for reporting net
INCOME up to $500, or Form 1910 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 a person needs advice or
aid. the Deputy Collectors in the tielG
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 10 will be paid
and every return required by law will
! be in the Revenue offices on time.
Exemptions Allowed.
A single person is allowed a per
/ sonaI exemption Of $1,000. If he is sup
! porting in his household relatives who
are dependent upon him he may claim
| tie status Of the head Of a family who
has the same exemption as if married.
\ married person who lives with
| wife or husband is allowed a personal
exemption Of $4,000. The head of a
family is entitled to claim a similar
| personal exemption.
An additional exemption Of 5000 is
allowed for each person under eight
cen or Incapable Of self support who
was dependent upon and received his
chief support from the taxpayer.
A husband and wife living together
are entitled to but one personal ex-
emption of $4,000 If they make sepa-
rate returns the exemption may be
claimed by either or divided
Accuracy Required.
Absolute accuracy is necessary in
making up income figures. Any per
son who is working for wages should
find out exactly how Iauch he received
during the whole year 1918 Fees,
bank interest, bond interest, dividends,
rents received and ali other items
must be reported correctly. Mere
guesses are not accepted, for they are
! unjust alike to the taxpayer and the
Government and defeat the proper adj
ministratiOn Of the law.