The Snyder signal. (Snyder, Tex.) 1887-????, 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 1000 or over, II Sin
ole; or $1,000 or over II Married,
Must Be Reported.

The Income Tax imposed by Act
NJ Congress on earnings OF the year
1919 is now being collected.
Returns under oath must be made
on or before March 10 by every ciu-
zen and resident who had a net In
come for 1918 amounting to:
$1,000 or over, II single; or II mar
rled and living apart from wife Tor
husband) or II widowed or divorced.
5000 or over, II married and living
with wife Tor husband).
The status OF the person on the last
day OF the year fixes the status for
the year with respect 10 the above
requirements.
Under any Of these circumstances
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, Ia meeting
this requirement; and, II suficieht 10
require a return, ali items must be
shown In a joint return or In separats
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
dependent, and must file separate
return.
Personal returns should be made on
Form lo40A. unless the net income
exceeded 5000, in which case Form
lo40 should be used.
Residents Of Texas should die their
returns with, and make payments OF
Income Tax to. Alexander s. Walker,
Collector OF Internal Revenue, Austin.
Tex.
How 10 Figure income.
The best way TO and out whether
one must hle n return Is TO get Form
iolOA and follow the instructions
printed on II. That form will serve as
reminder 81 every item OF Income,
and II a return IL due II tells how TO
prepare and Gle H.
II In doubt on any point as TO income
or deductions. = person may secure free
advice and aid from the nearest Inter
aal Revenue once.
Gn-sswork, estimates and other hit
or miss methods are barred when per
son Is making out his Income Tax re-
turn. Accuracy and completeness must
he assisted upon. The return Is a
sworn state1ent As such II must be
thorough and accurate.
Saissied persoss and wage earners
must sscsrtaln the sctusl compensation
received. Overtime, bonuses, shares In
the preats Of n business. value Of quar-
ters and beard furnished by the en-
pleyer aad other Items which are Gem
pensztions fer services must be In
Guided
II must be borne in mind that com
pensstien may be paid In other forms
thsa In each. A bonus paid in Liberty
Bonds Is taxable at the market value
Of the bonds A Eo,e received In pay
uent foe services Is taxable Income at
lts face value, and the interest upon
Il is also taxable.
Other Returns Due.
Every partne rship doing business In
the Unlted States must Gle q return
on Form 1906: and every personal
service corporation must die a similar
return.
Corporsusss must ale annual re
turus on Fern l120.
Trustees, executors. administrsters
and stAsrs acting In n hducisry capsc-
ity are required to file returns. In
some cases, Form Io4l Is used; in
others, Form 1910; and still others,
returns on beth FERNS are required.
Infornation returns, on Forms 1893
and 1895, must be fled by every or
ganiEa ton. Arm or person who paid,
during 1919, an amount OF Sl.ooo In
salary. wages. interest. rent or other
rxed or determinsbls income to an
other person. partnership. personal
service corporstisn or hduciary. These
Information retsrns should be for
warded directly TO the Commissioner
Of Internal Revenue (ssrtins division).