The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1920-03-04
BUT FEW DAYS REMAIN FOR
FILING INCOME TAX RETURNS

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 II mar.
ried and living apart from wife Cor
husband); or il widowed or divorced
$1,000 or over. il 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 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
he income Of both, plus that Of de-
pendent minor children. in meeting
this requirement and, IL sufficient to
require a return. all Items must be
shown in joint return or In separate
GCLuihS VI uuSOduu duu WIG.
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 IL not considered a
dependent. and must Hle q separate
return.
Personal returns should be made on
Form 1O40 A. unless the net Income
exceeded $1,000. In which case Form
1O4O should be used.
Residents of Washington should file
their returns with, and make payments
Of Income Tax to, David J. Williams,
Collector Of Internal Revenue, Tacoma,
Wash
How to Figure Income.
The best way to find out whether one
must file q return Is to get Form
1O4OA and follow the instructions
printed on II. That form will serve IS
4 reminder of every item Of income,
and II return is due 1t tells how TO
prepare and file 1t.
II In doubt on any point as to income
or deductions, person may secure
free advice and aid from the nearest
Internal Revenue ONCE.
GuesswOrk, estimates and other hit
Or-miss methods are barred when q
person Is making out his Income Tax
return. Accuracy and completeness
must be insisted upon. The return 10
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 q 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.
Livery pAItucTSulQ OOIuS UuSlueSS Ill
the United States must file q return
on Form 1865: and every personal
service corporation must file 4 similar
return.
Corporations must file annual re.
turns on Form 1920.
Trustees, executors, administrators
and others acting In q fiduclary capac-
ity are required to file returns. In
some cases, Form 1O41 Is used; in
others, Form 1910; and still others,
returns on both forms are required.
Information returns. OH Forms 1929
and 1896 must be filed by every or.
ganizatiOn. firm or person who paid,
during 1919, an amoent Of $1,000 In
salary, wages, int rest, 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),