The Lamar register., 1920-02-25
INCOME TAX
RETURNS DUE
Business Men, Farmers andWage
Workers Must File Schedules
Of Income for 1919.
MARCH IS LAST FILING DATE.
Nst incomes Of $1,000 or Over, II Sin
gle; or $1,000 or over II Married,
Must Be Reported.

Ths Income Tax imposed BY Act
Of Congress on earnings of the year
1913 10 now being collected.
Returns under oath must be made
On Or before March 10 by every citi-
zen and resident who had q net In
come for 1919 amounting to:
$1,000 or over. II single; or II mar
ried and living apart from wife Tor
husband) or II widowed or divorced.
1000 or over, II married and living
with wife (or husband).
The status of the person on the last
day Of the year fixes the status for
the year with respect to the above
requirements.
Under any Of these circumstances .
return must be made, even though
ne tax is due.
Husband and wife must consider
he Income Of both, plus that Of de
PENDENT minor children, In meeting
this requirement: and. II Sufficient 10
require q return, all items must be
shswn in a Joint return or In separate
returns Of husband and wife.
A single person with minor depend
eats must include the income Of such
appendicitis.
4 minor who has q net income Of
81 900 or more Is not considered
lepeadsnt, and must Ole . separate
return.
Personal returns should BE- made on
Fern 1o4oA. unless the net income
exceeded 5000, in which case Form
ie<s should be used.
Residents of Colorado should ale
thsir returns with. and make payments
Of Income Tax to. Mark A. Skinner,
Csllscter Of Internal Revenue, Denver,
Cel.
How 10 Figure Income.
The best way to dnd out whether
one must nle q return is to get Form
lo<oA and follow the instructions
printed on II. That form will serve as
q reminder Of every Item OF Income.
and II q return 10 due Il tells how to
prepare and fle IL.
n n doubt on any point a. to Income
or deductions, a person may secure free
nQNlCS uno liVh wv
aai Revenue effice.
Guesswerk, estimates and other hit
sr-niss methods are barred when per
ser 10 making out his Income Tax re-
turn. Accuracy and completeness must
be insisted upon. The return is q
sworn statement As such Il must be
thorough and accurate.
Sa.sried persons and wage earners
n,u,t ascertain the actual compensation
received Overtime, bonuses. shares In
the profits Of q business. value Of guar
tsrs and board furnished by the en-
plsyer and ether items which are com
Hsnsations for services must be In
ciuded
II must be borne In mind that com
osn.stion may be paid in other forms
than In cash A bonus paid in Liberty
Bonds is taxable At the market value
of the bonds. A note received In pay
msnt for services is taxable income al
its face value. and the interest upon
IL is also taxable
Other Returns Due.
Every partnership doing busine's. n
the United States must tile rf.urr
on Form 1865: and every personn
service corporation must tile similal
return.
Corporations must nle ani'al re-
turns on Form 112o.
Trustees. executors. ADMINISTRATION
and others acting In a iiduc airy capac
ity are required to tile returns. II
some cases, Form lo41 Is used II
others. Form 1o+o; and still others
returns on both forms are required
Information returns. on Forms lO.s
and 1895, must be filed by every Or
ganization. firm or person who paid
during 1919, an amount Of $1,000 il
salary, wages, interest. rent. or oihe
hred or determinable income to an
other person, partnership. persona
service corporation or iduciary. Thes'
information returns should be for
wsrded directly to the COMMISSIONS
af Inrernal Reyenue fsortluC diyiSionl