The Leon reporter. (Leon, Iowa) 1887-1930, 1919-03-13
PAY AND file
INCOME TAX
BEFORE MAR. IS
u. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties Will Be Enforced.
WOMEN Within LAWS SCOPE;
HOW THEY REPORT INCOME

| The Income Tax drive comes to
close on Saturday night, March To-
All payments and returns due on thai
date under the provisions of the new
Revenue Law must be in the hands OF
local Internal Revenue Collectors be-
fore their offices close that night.
| The Income Tax is being collected tC
| meet the war expenses. Every person
who shouted and footed his horn on
| Armistice Day is now called upon to
contribute his share of the cost of win
ming the war.
The laggards and the dodgers Will
face severe fines and Jail sentences
The Internal Revenue Bureau an
nounces that it's officers will check us
all up to see that every person who
comes within the scope of the Income
Tax law did his share.
Where to Pay and File.
Residents Of Iowa are required to
make their returns and pay their taxes
to Louis Murphy, Collector of In
ternal Revenue, Dubuque, Iowa, or to
any of his deputy collectors who are
now doing free advisory work on In
come Tax.
Payments sent by mail should be at
tached to the returns and should be in
the form of check, money order or
draft. Cash payments by mail are sent
at the taxpayers risk of loss.
If you are unable to make your re-
turn personally because of illness, abb
sence or incapacity, an agent or legal
representative may make your return.
If there are any doubtful points as to
your items Of income or allowable de-
ductions you should get in touch al
once with Revenue officer or a bank
er for advice.
Women Pay Tax.
Women are subject to all the require,
ments of the Income Tax. Whether
single or married, a WOman's income
from all sources must be considered.
If unmarried, or if living apart from
turn for 1918 if her net income was
$1,000 or over.
If married and living with her hus-
band, her income must be considered
with the husbands in determining the
liability for return. Their joint in
come less the credits allowed by law.
is subject to normal tax. The wife's
net income is considered separately in
computing any surtaX that may be due.
Husband and wife file jointly, as a
rule. If the husband does not include
his wife's income in his return, the
wife must file separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on a person who fails to
make return on time, refuses to make
return or renders fraudulent return
For failure to make return and pay tax
on time a fine of not more than $1,000
is named, and % per cent Of the tax
due is added to the assessment. For
refusing wilfully to make return, or
for making false or fraudulent re-
turn there is fine Of not exceeding
$4,000 and Imprisonment of not eX-
ceeding one year, or both.
Farmers Income Taxable.
Every farmer and ranchman who
had a fair or rood year in 1918 must
heed the Income Tax this year. He
must consider all his income as tax
able. He is entitled to deduct from
his gross income all amounts expended
in carrying on his farm. The cost Of
farm machinery, farm buildings and
improvements cannot be deducted.
The cost of live stock, either for re-
sale or for breeding purposes, is also
regarded as investment .
Overtime and Bonuses Taxed.
Salary and wage earners must con-
slider as taxable every item received
from employers and from other
sources. Bonuses and overtime pay
are to be reported, as well as the regu-
lar payments.
Allowances for Losses.
Losses sustained in 1918 and not COW
cred by insurance are deductible items
if incurred in the taxpayers business
or trade, in any transaction under
taken for profit, or arising from fire,
storm, shipwreck or other casualty, or
from theft.