The Bridgeport times and evening farmer., 1919-02-26
EVERYBODY 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 15

With the due date for Incon7e Taxes only 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 offices on or before March 15, and there are severe penalties for delinquency.
 Residents of Connecticut and Rhode Island should make their returns and pay their taxes to James J. Walsh, Collector of Internal Revenue, Hart ford, Conn, or to any of his deputy collectors who are now doing free ad yisOry work on Income Tax.
 Pay your Income Tax by March 15,' 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
 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 15 by persons who come under the following classif- cations:
 Any unmarried person whose 1918 net Income was $1,OOO or over. Wild ows and widowers, divorcees and mar ried persons who are living apart from their husbands or wives, are for the alo unmarried.
 Any married person living with wife or husband y hose 1918 net income was $2,OOO or over. The income of both husband and wife must be considered, together with the earnings of minor children, if any.
 Revenue Bureau Offers Aid.
 Each person in the United Statea Who Ie In rItner of these classifica ttons must get busy at once if penalties are to be avoided. He should secure q blank Form 1040 A for reporting net income up to S5,0OO, or Form 1o40 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 correct return can be prepared at home. If a person needs advice or aid, the Deputy Collectors in the field will furnish this without charge.
 The new Revenue law places the h. come Tax duty on citizens and resi- dents. The Internal Revenue Bureau is sending its men to work right with the public to get the tax and the re turns in. With active cooperation
 
 and every return required by law will be in the Revenue offices on time.
 Exemptions Are Allowed.
 A single person Is allowed a personal exemption of $1,OO0 If he is support ing 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 $2,0O0. The head of a family is entitled to claim a similar personal exemption.
 An additional exemption of S2o0 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 $2,OoO If they make sep arate 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 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 taxpayer and the Government and defeat the proper ad- ministration of the law.