The Red Cloud chief., 1920-03-04
INCOME TAX ~~&
w RETURNS Due
Business Men, Farmers and Wage
Workers Must File Schedules
OF Income for 1919. al
MARCH IS LAST FILING DATE.
Net Incomes Of $1,000 or over, II Sim
ole; or $1,000 or over II Married,
a., Must Be Reported.

The Income Tax imposed by Act
of Congress on earnings Of the year
1919 is now being collected.
Returns under oath must be made
on or before March 10 by every ctl-
zen and resident who had a net Ia
come for 1919 amounting TO:
1000 or over, II single or II mar
ried and living apart from wife Cor
husband) or If widowed or divorced.
$1,000 or over, II married and living
with wife Tor 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 orcuMstanoes q
return must ba nads, even theH0h
"a tax Is dee.
Husband and wife must eoosloar
the income Of both. Plus that q d.
pea6sa< miner ohilAssa. IN 0se1Ag
this requirement; and. y W9eisek O.
rol1l19 Q rUtusU. au items nU1 ~
shown h . $stat retUsn sS II sspAssto
returns Of husband Saa wife.
A asgle psrssn VITA minor 6spsaA-
ents nust incia6s the iaeoms Of ooeh
dependents.
A minor who has q net income u
$1,000 o. nor Is not considered q
dependant, and must file y separate
return.
Persoual returns should be made on
Form 104OA. unless the net income
exceeded $4,000, In which case Form
1910 should be used.
Residents OF Nebraska should file
their returns with, and make payments
Of Income Tax to. George l.. Ioomis,
Collector Of Internal Revenue, Omaha,
Neb.
How to Figure Income.
The best way TO find out whether
one must file a return is TO get a Form
10i0A and follow the Instructions
printed on it. That form will serve as
n reminder Of every item Of income,
and if II return Is due 1t tells how to
prepare and file It.
If in doubt on any point as 10 income
or deductions. n person may scCure free
advice and aid from the nearest Inter
nal Revenue office.
GuesSwOrk, estimates and other hit
Or-miSS methods are barred when a per-
son is making out his Income Tax re-
turn. Accuracy and completeness must
be insisted upon. The return is a
worn statement. As such 1t must be
thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensation
received. Overtime, bonuses, shares In
the profits of Il business, value OF quar-
ters and board furnished by the EN-
plOyer and other items which are com
pcnsations for services must be in
Guided.
It must be borne In mind that com.
pensation may he paid in other forms
than in cash. a bonus paid In Liberty
Bonds is taxable ut the market value
Of the bonds. A note received In pay
ment for services is taxable income ut
It's face value, and the interest upon
it is also taxable.
Other Returns Due.
Every partnership doing business in
the Unitc,! States must file a return
on Form 1868; and every personal
service corporation must file n similar
return.
Corporations must file annual re.
turns on Form 1920.
Trustees. executors, administrators
and others acting In II ilduciary capac-
ity are required to- file eturns. In
some cases, Form l0il Is used; In
others. Form 1910; and still others,
returns on both forms are required.
Information returns, on Forms 1903
and 1896, must be filed by every or,
ganization, firm or person who paid,
during 1919, IN amount OF $1,000 in
salary, wages, interest, rent, or other
fixed or determinable income to an.
other person, partnership, personal
service corporation or 6%duciary. These
information returns should he for
warded directly to the Commissioner
OF Internal Revenue (sorting diyision),
Washington, ID. c.