Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-02-20
INCOME TAX
I RETURNS DUE
ON MARCH IS
Forms are Much Clearer and
More Explicit This Year
Than ir 1918.

II he taxpayer. does not receive in
eome tax return blanks soon inquiry
should be made about them at the Of
flee of the internal evenue collector
to whom payment was made last year
Returns must be made and rs per
cent Of the tax due paid by March
IL and as less than four weeks re-
main it is none too early for the tax
payer to look the matter up and at
lend to the details Of the work.
Blanks Are Improved.
Decided improvements have been
made in the blanks. A work sheet"
ON which all entries may be made is
included so that they may be checked
up by an expert. IL 30 desired or they
may be kept for reference during the
year when further tax payments are
internal revenu is at the service of
the taxpayer for expert advice and
assistance.
There Is an improvement in the
simplicity Of the blank as well as its
being made more comprehensive to
the average layman.
u The blanks start with the usual
questions and then comes the calcula-
zion of tax-the net income, less per-
Sonal exemption. the balance taxable
1T 6 per cent. the a. due. the amount
Of the. tax paid on submission Of re-
turn.
Page one of the instructions gives
the general provisions of the tax tell
ting how to decide whether to make
q return, accrued or received income,
receipts exempt from tax. period to
be covered by return personal and
family exemption, affidavit, when and
where the return should be sent, when
ana to whom the tax must be paid
MnH a tetoroo~t ~ tho ~oro1fioc ~ of
may be incurred for a false or frau
dulent return, failure to make return
pn time and failure to pay tax when
due.
! What Rules Govern.
/ In deciding whether t o make a re-
turn the !. instructions to be followed
read;
Calculate your net income by fill
ing in page 2 Of the work sheet &C.
cording to page 3 of the instructions,
And the net income of your wife
, The total family income must be
reported, either in your return or in
. separate return by wife. if it equals
or exceeds
"(a) $4,000 If you are married and
i've with your wife.
"(b) $1,000 If you are not married
Or do not live with your wife.
T""40COulC Va q 11I4IlOI VI 4IlCO1IlpOlC1
f. derived from q separate estate
under control OF a guardian. trustee
or other ftduciary. must be reported
BY his guardian or other legal repre-.
sentative"
Receipts that are exempt and thai
need not be reported include:
PAY, no exceeding $500, for &C.
tive services in the military or nava,
forces Of the United States.
Gifts (not made as a c~onsidera.
ton for service rendered) and money
and property acquired under a will o.
BY Inheritance but the income derived
from money or property received by
gift, inheritance OF will is taxable ant
must be reported.)
legations Of the United States issued
before September 1, 1917. and on sucl
bond and other obligations issued
since that date. provided you hold
lngs do not exceed the exemption,
allowed by law.
Interest on bonds Of United Slater
possessions. states. territories, cities
towns and townships and fedora
farm loan bonds.
Proceeds of life insurance policies
paid on the death Of the insured.
Amounts received by the insured
under life insurance. endowment an,
annuity contracts, provided such pay
ments do not exceed the premium
paidain.2
Amounts received from acciden
ana health insurance and other work
mems compensation (
General deduction is allowed ais
on contributions to religious, chart
table, scientific and educational cor
aporations. or to those for the proven
zion Of cruelty to children and ami
mails, or for vocational rehabilitation
III s1nA11Nf{0n nv mt he roo1o hou,or,a,
Tor contributions exceeding Is pc
cent Of the net income COMPUTED.