The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1920-03-04
INCOME TAX
RETURNS DUE
BUSINESS Men, Farmers and Wage
Workers Must File Schedules
Of Income for 1919.
MARCH is LAST FILING DATE.
NJ lneosnss o. 81 900 or Over, " Gin.
Ole; Or $1,000 :, Over II Married,
Must % Reported.

Tho Income Tax imposed BY Act
q Congress on earnings of the year
1919 IL now being collected.
Returns under oath must be made
a or before March IS by every citi-
ssn and resident who had net In.
come for 1919 amounting to:
$1,000 or over, If single; or II mar
ned and living apart from wife Tor
Ausband) or If widowed or divorced.
5000 or over, If married and living
with wife Cor husband).
The status Of the person on the last
1ay of the year axes the status for
the year with respect to the above
requirements.
Under any of these circumstances a
return must be made, even though
~ tax is due.
Husband and wife must consider
the income Of both, plus thai Of de-
pendent minor children, in meeting
this requirement; and, IL sufficient to
require a return, all items must be
shown In joint return or in separate
returns of husband and wife.
A single person with minor depend
onts must include the income Of such
dependents.
A minor who has a net income Of
81 900 or more is not considered a
dependent, and must file separate
return.
Personal returns should be made on
Form 1910 A, unless the net income
exceeded $4,000, in which case Form
104O should be used
Residents Of North and South Da-
kota should file their returns with, and
make payments of Income Tax to, j.
w. Nee, Acting Collector of Internal
Revenue, Aberdeen, S. d.
How to Figure Income.
The best way to find out whether one
must file return is to get Form
104OA and follow the instructions
printed on it. That form will serve as
o reminder of every item of income,
and II return Is due it tells how to
prepare and file it.
II in doubt on any point as to income
o. deductions, person may secure
free advice and aid from the nearest
Internal Revenue Office.
Guesswork, estimates and other hit
er-miss methods are barred when
person is making out his Income Tax
return. Accuracy and completeness
must be insisted upon. The return Is
Q sworn statement AS such 1t must
10 thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensa-
ton received. Overtime, bonuses,
shares in the profits of business,
value Of quarters and board furnished
b. the employer and other items which
ore compensations for services must
10 included.
It must be borne in mind that CON-
Densation 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
nont for services is taxable income at
its face value, and the interest upon
It II also taxable.
Other Returns Due.
Every partnership doing business In
the United States must file a return
- Form 1895; and every personal
service corporation must fle similar
return.
Corporations must ale annual re-
turns on Form 112O.
Trustees, executors, administrators
and others acting in a fiduciary capac-
~ are required to file returns. In
some cases, Form 1041 is used; in
others, Form, 1O40; and still others,
returns on both forms are required
Information returns, on Forms 1899
and 1895, must be filed by every or
ganization, firm or person who paid,
during 1919, an amount Of $1,000 In
salary, wages, interest, rent, or other
fixed or determinable income to an
other person, partnership, personal
service corporation or fiduciary. These
information returns should be for
warded directly to the Commissioner
Of Internal Revenue (sorting division),
4 Warrington, D. @.