The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-01-08
INCOME TAX LAW CALLS
FOR CAREFUL FIGURES
MANY MISTAKES ARE REPORTED
FROM REPORTS SUBMITTED
LAST YEAR.

Income tax blanks are expected here
at any time and as nearly every wage
Garner comes under the provisions OF
the law prompt action should be TAX
en- to get the papers properly filed as
early as possible. John Glahe deputy
revenue collector, will assist those
who need help in this locality. Re-
turns this year from Wallace and all
other parts Of Idaho must be made to
the collectors Office at Boise
Were you one of thousands of per-
sons who last year, with unquestion-
ed honesty of purpose, filed an incor-
rect income tax return?" asks state
ment issued by the federal bureau Of
internal revenue. "Are you, or have
you been a claimant for refund Of
taxes overpaid?" it continues
Have you been called upon by the
bureau of internal revenue for pay
ment of amounts owed the govern
ment through inadvertence or omis-
sions in making out your income tax
form. To sum it up, have you exper-
fenced trouble Of any kind in filing
your income tax return for 1918?
IF SO, this is written for your bene-
fit and for the benefit of more than
100000 taxpayers who, on or before
March Is, will file income tax returns
for the year 1919. 1t is certain a
percentage Of these returns will be in
correct. 1t is equally certain that the
percentage of errors may be largely
reduced if taxpayers will acquaint
: themselves with the income tax provi-
sions of the act of February "a, 1919,
known as the revenue act of 1918,
which provides for the collection of
taxes for the year 1919 and subse-
quent years.
Tips Are Given.
''As an aid to taxpayers there has
been prepared with the official APP
proval of the bureau of internal rev.
enue a series of short articles, of
which this Is the first, telling how to
make out an income tax return for
1919, when and where to file it, and
what to do in case you meet with I'M
usual difficulties. BY making note of
the information contained herein, it is
believed that most of the difficulties
heretofore encountered may be avoid
ed.
Change in Normal Rate.
Probably the most important
change affecting the average taxpay-
er Is in the normal rate, the exemp-
tons of $1,000 for single persons and
$4,000 for married persons and heads
Of families remaining the same as for
1918. The normal rate for 1919 Is 4
per cent on the first $4,000 of net in
come above the exemptions and per
cent on the remaining net income. The
normal rate for 1918 was and IL per
cent, respectively. This applies to
every citizen and resident of the
United States. Alien non residents
receiving income from sources within
the United States are taxed to the
full per cent on the income from
such sources.
The surtax rates, which range
from 1 per cent on the amount of net
income between $4,000 and $4,000 to e5
per cent on the amount Of income in
excess Of $1,000,0OO, remain unchang-
ed.
Pay in Full.
THE tax, as in 1919, may be paid In
full at the time Of filing the return, or
In four instruments the first of which
Is due on or before March Is, the Sec
ond on or before June Is. the third
on or before September 15 and the
fourth on or before December Is. The
first mstalment must accompany the
L filing of the return. The period for
filing is from January to March Is.
Heavy penalties are provided for per-
sons who fail or 'wilfully refuse to
file their return and pay the tax with
In the time prescribed.
Forms for making returns may be
obtained from offices Of collectors Of
Internal revenue and deputy collect
|ors, postoffices and banks. II your in
come for 1919 was $4,000 or less, ask
for form 1040A. If 1t was more than
$4,000 ask for form 1910. Returns must
be filed with the collector Of internal
revenue for the district in which the
taxpayer lives or has his principa,
place OF business"