The Clio messenger. (Clio, Mich.) 1907-current, 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.
Net Incomes Of $1,000 or over, 10 Sin.
GLE; or $4,000 : Over II Married,
Must Be Reported.


The Income Tax imposed by Act
OF Congress OH earnings OF the year
1918 is now being collected.
Returns under oath must he made
on or before March 10 by every citi-
zen and resident who had net in
come for 1919 amounting to:
$1,000 or over, IL single; or IL mar
ried and living apart from wife Cor
husband) or IL widowed or divorced.
$1,000 or over, II married and living
with wife Cor 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 a
return must lac made, even though
no tax is due.
Husband aud wife must consider
the income OF both. plus that Of de-
pendent minor children. in meeting
this requirement; and, IL sufficient to
require 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
81 900 or more is not considered a
dependent, and must file a separate
return.
Personal returns should be made on
Form 1910 A, unless the net income
exceeded $1,000, in which case Form
1040 should be used.
Residents of Michigan should send
returns and payments to John A. Gro.
gan, Collector OF Internal Revenue, De
troit. or f. j. Doyle, Collector of Inter
nal Revenue, Grand Rapids.
How to Figure income.
The best way 10 find out whether one
must file return Is to get Form
1040A and follow the instructions
printed on it. That form will serve as
reminder of every item of income,
and IL "a return is due 1t tells how To
prepare and file 1t.
If in doubt on any point as TO income
| or deductions, person may secure
free advice and aid from the nearest
Internal Revenue Office.
Guesswork. estimates and other hit
or-mss methods are barred when a
person is making out his Income Tax
return. Accuracy and completeness
must be insisted upon. The return is
a sworn statement. AS such II must
be thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensa-
ton received. Overtime, bonuses,
shares in the profits OF a business.
value of quarters and board furnished
by the employer and other items which
are compensations for services must
be included.
1t must be borne In mind that COM
pensation 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
ment for services is taxable income at
Its face value, and the interest upon
1t is also taxable.
Other Returns Due.
Every partnership doing business In
the United States must file a return
| on Form 1866; and every personal
service corporation must file a similar
return.
Corporations must file annual re-
turns on Form 1920.
Trustees, executors, administrators
and others acting in a fiduciary capac-
lty are required to file returns. In
some cases, Form 1041 Is used; in
others, Form 1910; and still others.
returns on both forms are required.
Information returns, on Forms 1000
and 1906 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),
Washington, ID. G.