The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1920-12-31
JUNGLE SAM AS HELPER
WILL ASSIST MAKING IN
COME RETURNS
Period For Filing Between Janu-
airy I and March IS; Hints
To Taxpayers

IIAtCuolSO Piduo lOI olUin6 tdA
payers in fling their income tax re-
turns for the year 1920 are being
made by the bureau Of internal rev.
enue Revenue officers will visit
every county In the United States to
assist in making out forms. The date
their Offices will announced through
the press, or may obtained on in
quiry at offices of collectors Of inter
nal revenue and branch Offices. The
services Of government experts here
tofore offered to city residents will
be continued.
Forms for filing 1920 returns Of
income will be sent by collectors -
persons who last year filed return.
Failure to receive q form, however,
does not relieve q person from his
obligation to file return within the
time prescribed. Copies may be OBJ
internal revenue, branch OFFICES, post
offices and banks, and are expected
to be available on or before January
i.
VIII Be Supplied With Forms
Revenue officers assigned to the
work Of assisting taxpayers also will
be supplied with forms. concerning
which, and the various items Of In
come to be included they win be
questions. It has been demonstrated.
however, that many questions may be
eliminated If the taxpayer, before
seeking the assistance Of a revenue
officer, will carefully study the In
structions on the form.
The period for fling returns is
from January !, to March Is, 1921,
I mhs ta1 this s. year yea t as last g; n may be
return or in four installments, the
first of which is due on or before
March Is, the second on or before
June 10, the third on or before Sep
TENDER 15 and the fourth on or be-
fore December Is. The first install
ments must accompany the fling OF
the return.
come for 1920 was 5000 and less
whose individual net income was In
excess OF $4,000 should ask for Form
The bureau Of internal revenue is
urging taxpayers not to delay in the
fling of their returns. Merchants and
business men are casting up their
accounts for the calendar year 1920.
With the facts and figures necessary
to make correct return fresh In /
their minds, the making out of form
soon after January will be an easier
task, the bureau points out, than If
delayed.
Requirements Of Act.
The requirements Of the revenue
act relating to returns for the year
1920 are the same as those for the
year 1919. Every single person whose
M inn Pnr -
more and every married person whose
net income was $4,000 or more must
file return. The exemptions are 81
600 for single persons and $4,000 for
married persons and heads of families
plus an additional exemption of $500
for each person dependent upon the
taxpayer for chief support IL such
person is under eighteen years OF age
or incapable OF self support. A single
person may claim an exemption. of
$4,000 as the head of family il he
Is the sole support Of one or more
relatives living in the same house
with him, and If he exercises control
over household affairs. Deduction
from gross income to which the tax
payer is Untitled in arriving at net
income are fully explained In the In
structions on the forms.
Those Who Must File Returns
The bureau is emphasizing this
year that the requirement to file a
return rests solely upon persons
marital status and the amount Of his
or her net income for the year 1920.
Single persons whose net income was
$1,000 or more and married persons
whose net income was $1,000 or more
must file q return regardless OF
whether their incomes are non tax
able by reason Of their exemptions.
The normal tax rates for 1920 is
4 per cent on the first $4,000 of net
income above the exemption, and 8
per cent on the remaining net in
come. The surtax rate, which Is COM
puted without the benefit of the ex-
emption, ranges from / per cent on
the amount Of net income between
$1,000 and $4,000 to 65 per cent on
the amount Of net income in excess
Of $1,000, 900.
For the information of taxpayers
In fling their returns, there has been
prepared by the bureau OF internal
revenue series of short articles on
the income tax laws and 1920 regul-
tons, the first Of which will appear
on January g. Errors heretofore made
have been noted, and the taxpayer
is told how this year they NAV be