The Meridian times. (Meridian, Idaho) 1909-1938, 1920-03-05
MARCH IS LAST FILING DATE.
Net Incomes Of $1,000 or Over, il Sin.
gle; or $4,000 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 a net in
come for 1919 amounting to:
$1,000 or over, II single; or II mar
ried and living apart from wife Cor
husband) or If widowed or divorced.
$1,000 or over, IL married and living
with wife Tor busband).
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 q
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, II sufficient to
require return, all items must be
shown In 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 q
dependent, and must file a separate
return.
Personal returns should be made on
Form 104OA, unless the net income
exceeded $1,000, ia which case Form
1040 should be used.
Residents of Idaho should file their
returns with, and make payments Of
Income Tax to, Lewis Williams.
Collector of Internal Revenue, Boise,
Idaho.
How to Figure Income.
The best way to find out whether
one must file q return is to get a Form
4 l04OA and follow the instructions
printed on it. That form will serve as
4 a reminder Of every item of income,
and If return is due it tells how to
prepare and file 1t.
If In doubt on any point as to income
n or deductions, person may secure free
advice and aid from the nearest Inter
nal Revenue Office.
Guesswork, estimates and other hit
er-miss methods are barred when per-
3 son is making out his Income Tax re-
turn. Accuracy and completeness must
be insisted upon. The return is
s. sworn statement As such 1t must be
thorough and accurate.
Sa.aried persons and wage earners
must ascertain the actual compensation
received. Overtime, bonuses, shares In
s the profits Of 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.
81 1t must be borne in mind that COM
8 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
y its face value, and the interest upon
s it is also taxable.
81 Other Returns Due.
Every partnership doing business In
the United States must file return
on Form 1866; and every personal
service corporation must file similar
ri return.
81 Corporations must file annual re-
Il turns on Form 1920
Trustees. executors, administrators
and others acting in fiduciary capac-
& ity are required to file returns. In
III some cases, Form 1041 is used; In
n others, Form 1910; and still others,
returns on both forms are required.
Information returns, on Forms 1893
81 and 1906, must be filed by every or.
ganization, firm or person who paid,
II during 1919, an amount of $1,000 in
salary, wages, interest, rent, or other
d liked or determinable income to an
" other person, partnership, personal
service corporation or fiduciary. These
# information returns should be for
warded directly to the Commissioners
Of Internal Revenue (sorting diyision),
81 Washington, d. G.