The central record. (Lancaster, Ky.) 18??-current, 1920-03-04
INCOME TAX
RETURNS DUE
Business Men. Farmers andWage
Workers Must File Schedules
OF Income for 1919.
MARCH IS LAST FILING DATE.
Nc, Incomes Of $1,000 or over. ~ Sin.
Ole; or 5000 or over " Married.
Nus, BE Reported.


Of Congress on earnings u the ycaI
1919 Is now being collected
Returns under oath must he made
ON or before March ~ by every citi
zen aud resident who had net In.
cumc for 1919 amounting to:
$1,000 or over. II single or II mar.
rird aud living apart from wife Coz
hushanD or II widowed or divorced
S20o OF over. II married aud living
with wife Tor husband).
The status ~ tile person on the last
day of the year fixes the status for
the year with respect 10 the above
requirements.
Under any 81 these circumstances y
return must be- made. even though
no tax IL due.
Husband and wife must consider
the income Of both. plus that 90 de-
pendent minor children. in meeting
this requirement aud. II sufficient to
require "A return. all items must be
shown In n Joint return or In separate
returns ~ husband and wife
A single person with minor depend.
ents must include the Income of such
dependents
A minor who has n net income Of
$1,000 or more II not considered a
dependent. aud must file separate
return.
Personal returns should H. made on
Form iOiOA. unless the net income
exceeded $500 Ia which ease Form
1910 should be- used
Residents ~ Kentucky should Me
their returns with. aud make payments
~ Income Tax To- Elwood Hamilton.
Collector Of Internal Revenue. Louis.
vile
How TO Figure Income.
The best way To- find out whether
one must file n return Is 10 get a Form
iOi0A and follow the instructions
printed on IL. That form will serve as
reminder 81 every item OF income.
and II return Il due IL tells how TO
prepare and file IT,
II In doubt ON any point ms 10 income
or deductions. a person may secure free
advice and aid from the nearest Inter.
nal Revenue office.
Guesswork estimates and other hit
or-mlss methods are barred when per
son Is making out his Income Tax re-
turn. Accuracy aud completeness must
be insisted upon. The return il n
sworn statement. As such II must be
thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compen sation
received. Overtime. bonuses. shares In
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 he In
cluded.
IL must be borne In mind that COM
pensatlon may be paid In other forms
than In cash. A bonus paid In Liberty
Bonds In taxable at the market value
of the bonds. A note received In pay
ment for services Is taxable income at
its face value. and the interest upon
II Is also taxable.
Other Returns Due.
Every partnership doing business In
the United States must file return
on Form 1865: aud every personal
service corporation must file similar
return.
Corporations must file annual re-
turns ON Form ii2O
Trustees. executors. administrators
aud others acting In fiduciary capac-
ity are required to file returns. In
some cases. Form i0ii Is used; In
others. Form 1910; aud siill Others.
returns on both forms are required
Information returns. ON Forms 1909
aud 1895. must he filed by every or
gani,ation. firm or person who paid.
during 1919. an amount ~ $1,000 Ia
salary. wages. interest, rent, ar other
fixed or determlnable income 10 an
other person. partnership. personal
service corporation or fiduciary. These
information returns should he for
warded directly 10 the Commissioner
Of Internal Revenue (sorting divlsion),
ID c.