The Delta independent., 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 81 1000 or Over. II Sin
ale; or 1000 over II Married.
Must Be Reported.

The Income lax lIupOSeu ny ACt
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 cit-
zen and resident who had a net In
como for 1913 amounting to:
$1,000 or over. II single or II mar.
He'd and living apart from wife Cor
husband) or II widowed or divorced.
$1,000 or over, IL 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 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, if 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 net income of
81 900 or more is not considered
dependent, and must file a separate
return.
Personal returns should be made on
Form 1O4O A, unless the net income
exceeded 5000, in which case Form
lO4O should be used.
Residents of Colorado should file
their returns with, and make payments
of Income Tax to, Mark A. Skinner.
Collector of Internal Revenue, DenVer,
Col.
How to Figure Income.
The best way to find out whether one
| must file return is to get Form
| lO4OA and follow the instructions
printed on it. That form will serve as
a reminder of every item of income.
| and II a return is due 1t tells how to
prepare and file it.
II In doubt on any point as to income
or deductions. person may secure
\ free advice and aid from the nearest
Internal Revenue office.
/ GuesswQrk, estimates and other hit
/ or-miss methods are barred when a
4 person Is making out his Income Tax
\ return Accuracy and completeness
must be insisted upon The return Is
a sworn statement. As such 1t must
be thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensa-
ton received. Overtime, bonuses,
shares In the profits of 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. 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 Al
Its face value, and the interest upon
IL is also taxable.
Other Returns Due.
Every partnership doing business II
the United States must file return
on Form 1865; and every persona
service corporation must file similal
return.
Corporations must file annual re
turns on Form 1920.
Trustees, executors. administrator
and others acting in fiduciary capaC
ity are required to file returns. II
some cases, Form 104l Is used; II
others, Form 1910; and still others
returns on both forms are required.
Information returns, ON Forms 109
and 1895. must be fled by every OF
ganizatiOn. firm or person who paid
during 1919. an amount of $1,000 Il
salary, wages. nterest. rent, or othe
dxed or determlnable income to al
other person. partnership, persons
service corporation or fiduciary. Thes
Information returns should he fol
warded directly to the Commissions
Of Internal Revenue (sortiny division
III w = uhln 9tou ID G.