The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-02-27
INCOME TAX
RETURNS Due
Business Men, Farmers and Wage
Workers Must File Schedules
Of Income for 1919.
MARCH IS LAST FILING DATE.
Net incomes Of $1,000 Or Over. u Sin
gle; or 5000 or Over II Married.
Must Be Reported.


OF Congress on earnings Of the year
1919 is now being collected.
Returns under oath must be made |
on or before March Is by every citi- |
zen and resident who had 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 IL widowed or divorced.
$1,000 or over. IL 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 circumstances o
return must be made. even though
| no tax Is due.
Husband and wife must consider
the income of both. plus that of de-
pendent minor children, in meeting
this requirement; and, IL sufficient to
require a return, all items must be
shown in a joint return or in separate
returns OF husband and wife.
A single person with minor depend
ents must include the income Of such
dependents.
A minor who has a net income of
$1,000 or more Is not considered
dependent, and must file a separate
return.
Personal returns should be made on
exceeded $1,000, in which case Form
1O4O should be used.
Residents Of Northern California and
Nevada should file their returns with,
and make payments of Income Tax to,
Justus S. Wardell, Collector Of Internal
Revenue, San Francisco.
How to Figure Income.
The best way to find out whether
one must file a return is to get Form
1040A and follow the instructions
printed on it. That form will serve as
reminder Of every item of income
prepare and file It.
If in doubt on any point as to income
or deductions, a person may secure free
advice and aid from the nearest Inter
nal Revenue Office.
GuesswOrk, estimates and other hit
or-miss methods are barred when per
son is making out his Income Tax re
turn. Accuracy and completeness mus
be insisted upon. The return Is 8
sworn statement. As such 1t must b,
thorough and accurate
Salaried persons and wage earners
must ascertain the actual compensation
received. Overtime, bonuses, shares II
the profits Of a business, value of quar-
ters and board furnished by the EN-
ployer and other items which are com
pensations for services must be In
cluded.
1t must be borne in mind that com
pensation may be paid in other form
than in cash. A bonus paid in Libert
Bonds Is taxable at the market valu
Of the bonds. A note received In pay
ment for services Is taxable income q
its face value, and the interest upo
1t is also taxable.
Other Returns Due.
Every partnership doing business 1
the United States must file a retur
On rOrIu 1UOC, anu every persons
service corporation must file a simila
return.
Corporations must file annual n
turns on Form 1920
Trustees, executors, administrator
and others acting in fiduciary capa,
ity are required to file returns. l
some cases, Form 1O41 is used;
others, Form 1910; and still other
returns on both forms Meirequired
Information returns, on Forms 1Os
and 1896, must be filed by every o
ganization, firm or person who pai'
during 1919, an amount Of $1,000
salary, wages, interest, rent, or otht
fixed or determinable income to al
other person, partnership, persons
service corporation or fiduciary. Thes
information returns should be 70
warded directly to the Commission
Of Internal Revenue (sorting division