The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-02-17
INCOME BLANKS
Will BE MAILED
OUT TOMORROW
Reports of Income Must be
7, Made Whether Exemption
4 is Provided or Not.


- Income tax blanks to be used in
I making reports to the government,
are now in the hands Of Peter ]. Kru-
yer, of Indianapolis. revenue collector
for this district, and the work Of mail
ing them out to individuals and cor
porations will begin tomorrow.
~ Richmond and Wayne county citi-
zens and corporations who have been
xpreparing their records of income for
v,the last year are anxiously awaiting
.-the receipt Of the papers in order that
<they may tnakesthe. returns required.
rand there els more or less confusion
existing as to some Of the provisions
OF the amended law.
All persons with incomes Of $1,000
or more iii unmarried) and $4,000
or more II married) must make re-
ports to the government on the blanks
provided. 1t matters not whether
such persons receive blanks direct or
mot. The law requires the report and
1t is up to the individual to procure
such blanks. All banks will have sup
ylies within few days. All corpora
lions, no matter what their income,
must make reports and must pay tax
on whatever their net income may
be regardless of the amount.
Workingmen Affected.
This year the income tax will hit
more Richmond persons than ever be-
fore, due to the fact that during the
last year many factory employees un.
married had an income equal to OF
better than $1,000, and while there
are certain deductions permitted
which in some cases probably would
exempt the persons from paying taves
the reports must be made just the
same. The exemption for a single
person is $1,000; for married persons
200 and $500 additional for each
child under 10 years. The fact thai
a single person who made $1,000 last
year Is exempt $1,000, does not mean
that he must not make a report. fol
he must. The government wants tC
know that fact that such persons had
incomes Of $1,000, even though they
have no tax to pay. The same ap
plies to married persons who had
an income of $4,000 or more. The re
port must be made.
The returns for incomes of $4,000
or less are designated Form 1040A,
and one Page 1 Is to be entered the
name of the taxpayer, together with
the calculation of the tax, the tax
payers affidavit and other informa
ton; on Page 2 are blanks for the
return of the taxable income by items
Attached to the return is the taxpay
ers' worksheet which is forwarded t
Washington where the worksheet i!
detached and returned to be filed al
"a the records in the local office Attach
ed to the return and the workshee
tire complete instructions for fiillin!
in the return and the worksheet, in
Guiding: How to decide whether t.
make return; Exemptions"
Farmers Income Schedules; "Whel
and where the return should be sent"
~%When and to whom the tax must b.
paid" and Penalties" which consis
Of fine not exceeding $4,000 or on
years Imprisonment or both, and Il
addition, not exceeding so per cen
of the tax evaded.
Form 1049 for the returns of ir
dividuals and corporations having il
comes in excess of $4,000 will not
available at the local office until Eel
ruary 26. These will be mailed
all individuals and corporations {
record as having made returns for tn
calendar year 1917, but who hav
since become liable for taxes in tn
year 1918, should make application fc
these blanks.