Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1920-12-15
INCOME TAXPAYERS
TO GET ASSISTANCE
INTERNAL REVENUE OFFICIALS
ARE MAKING EXTENSIVE
PLANS FOR 1891.
MUST FILE RETURN REGARDLESS
Fact That Income is Non-Taxable IL
No Excuse For Not
Filing.

Filing.
Extensive plans for aiding taxpay-
ers in filing their income tax returns
for the year 1920 are being made by
the Dubuque office of IntenaI Reye-
nue.. Revenue officers will visit every
county in the United States to assist
in making out the forms. The date
OF their arrival and the location OF
their offices will be announced
through the newspapers, or may be OBJ
tanned on inquiry at offices Of collect
ors OF internal revenue and branch Of
fices. The services OF government
experts heretofore offered to city
residents will be continued.
Forms for filing 1890 returns OF in
come will be sent by collectors to
persons who last year filed a return.
Failure to receive a form, however,
does not relieve a person from his
obligation to file return within thu
time prescribed. Copies may be OBJ
tanned from offices Of collectors Of I'M
ternal revenue, branch offices, post
offices and banks, and are expected
to be available on or before January
LIST.
Revenue officers assigned to the
work OF assisting taxpayers also will
be supplied with forms, concernng
which, and the various items Of in
come to be Included, they will be
prepared to answer any and all Ques-
tions. II has been demonstrated,
however. that many questions may
be eliminated If the taxpayer, before
seeking the assistance OF revenue
officer, will carefully study the in
structions on the form.
Last Day, March Is. i
The period for filing returns is
from January 1 to March Is, 1921.
The tax, this year at last, may be
paid in full at the time Of the filing the
return or in four installments, the
first of which is due on or before
March Is, the second on or before
June ,15, the third on or before Sep
tember Is and the fourth on or be-
fore December Is. The first INSTALL
ment must accompany the filing Of
the return.
Persons whose individual net in
come for 1920 was $4,000 and less
should ask for Form 1040 A. Those
Whose iasiyiauai net income was in
excess Of $4,000 should ask for Form
1910.
n,l> : h,,roo,, - Jrtor,o1 povoruo "a
urging taxpayers not to delay in the
filing of their returns. Merchants and
business men are casting up their ac-
counts for the calendar year 1929
With the facts and figures necessary
I to make correct return fresh in
their minds, the making out Of
form soon after January will be an
easier task, the bureau points out,
than il delayed.
The requirements Of the revenue
act relating to returns for the year
1920 are the same as those for the
year 1919. Every single person
whose net income for 1920 was $1,000
+ or more and every married person
whose net income was $4,000 or more
must file return. The exemptions
are $1,000 for single persons and
| $4,000 for married persons and heads
Of families. plus an additional exemp-
tion Of 5000 for each person depend
ent upon the taxpayer for chief sup
port II such person is under eighteen
years OF age or. incapable Of self sup
port. A single person may claim an
exemption OF $4,000 as the head Of
family IL he is the sole support Of
one or more relatives living in the
same house with him, and II he ex-
ercises control over household af-
fairs. Deductions from gross income
to which the taxpayer is entitled In
arriving at net income are fully ex-
.plained in the instructions ON the
forms.
+ Must File Returns.
The bureau is emphasizing this
year that the requirement to file re-
turn rests solely upon the persons
marital status and the amount Of his
or her net income for the year 1920.
Single persons whose net income was
| 81 900 or more and married persons
whose net income was $4,000 or more
must file a return regardless OF
whether their incomes are non-taxa-
BILE by reason Of their exemptions.
The normal tax rate for 1920 is 4
kper cent on the first $4,000 OF net in
come above the exemption, and 5 per-
| cent on the remaining net income.
| The surtax rate, which is computed
without the benefit of the exemption,
| ranges from / per cent on the amount
of net income between $4,000 and
$4,000 to IS per cent on the amount
of net income in excess of $1,000, 900.
For in the information of taxpayers
in filing their returns, there has been
prepared by the bureau of internal
revenue series of short articles on
the income tax law and 1920 regu-
lations, the first of which will appear
on January 8. Errors heretofore
hade have been noted, and the tax
payer is told how this year they may
be avoided.
Clarence Brown and A. r. Leroy
were at Beloit, Wisconsin, several