Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1920-03-05
INCOME TAX
RETURNS Due
Business Men. Farmers andWage
Workers Must File Schedules
of Income for 1919.
MARCH is LAST FILING DATE
Net incomes Of $1,000 or over, II Sin
gle; or $4,000 or Over u Married,
Must BE Reported.

The Income Tax imposed by 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 citi-
zen and resident who had a net in
come for 1919 amounting to-
$1,000 or over, II single or IL mar
ried and living apart from wife (or
husband) or IL widowed or divorced.
$1,000 or over, II married and living
with wife (or 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, II sufficient to
require return, all items must be
shown In joint return or in separate
returns of husband and wife.
single person with minor depend
ents must include the income OF such
dependents.
minor who has net income of
$1,000 or more is not considered a
dependent, and must file separate
return.
Personal returns should he made on
Form 10i0A. unless the net income
exceeded 5000, in which case Form
1910 should be used
Residents of Utah should file their
returns with, and make payments Of
Income Tax to, David G. Dunbar, Col
lector of Internal Revenue, Salt Lake
City.
How to Figure Income.
The best way to find out whether
one must file q return is to get Form
, 1040A and follow the instructions
printed on 1t. That form will serve as
reminder OF every item of income,
and If 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 Inter
nal Revenue Office.
Guesswork, estimates and other hit
or-miss methods are barred when per-
son Is making out his Income Tax re-
turn. Accuracy and completeness must
be insisted upon. The return is n
sworn statement. AS such Ii must be
thorough and accurate.
Salaried persons and wage earners
In ha nj IN,
received. Overtime, bonuses, shares In
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
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 ut the market value
ment for services is taxable income at
its face value, and the interest upon
IL is also taxable.
Other Returns Due.
Every partnership doing business in
the United States must fle return
service corporation must file a similar
return.
Corporations must file annual re-
turns on Form 1920.
Trustees, executors, administrators
and others acting in n fiduciary capac.
,. ity are required to file returns. In
n some cases, Form 10il is used in
n others, Form 1910; and still others,
returns on both forms are required.
a Information returns, on Forms 1905
and 1906, must be filed by every or
ganization, firm or person who paid
q during 1919, an amount Of $1,000 IN
; salary, wages, interest, rent, or other
n hyed or determinable income to an
other person, partnership, personal
o service corporation or fiduciary. These
information returns should be for
: warded directly to the Commissioners
IF Internal Revenue (sOrting divisiOn),
!, Washington, ID. c.