The Natchitoches enterprise., 1920-02-26
INCOME TAX
RETURNS DUE
Business Men, Farmers andWage
Workers Must File Schedules
of Income for 1919.
MARCH IS LAST FILING DATE.
Net Incomes of 81 900 or Over, if SIM
gle; or $4,000 or Over if 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 ana resident who had a net in
come for 1919 amounting to:
$1,000 or over, if single: or il mar
RED ami living apart from wife Cor
huShanD; or if widowed or divorced
5000 or over, if married and living
with wife Cor husbanO.
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 amy of these circumstances
return must be made, even thou2n
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 10
require return, all items must be
shown in a joint return or in separate
returns of husband and wife.
y 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 Il
dependent, and must file separate
return.
Personal returns should he made on
Form. 1O4OA, unless the net income
exceeded $1,000, in which case Form
1910 should be used.
Residents of Louisiana should file
their returns with, and make payments
of Income Tax to, r. W. Fontenot,
Collector of Internal Revenue, New
Orleans.
How to Figure Income.
The best way to find out whether
one must file return is to get Form
1O4OA and follow the instructions
printed on it. That form will serve as
a reminder of every item of income,
and if return is due it tells how 10
prepare and file it,
If in doubt OH any point as to income
or deductions, person may secure free
nal Revenue office.
GueSSwOrk. estimates and other hit
Or-mSS methods are barred when a per-
son is making out his Income Tax re-
turn. Accuracy and completeness must
be insisted upon. The rcturn is Il
sworn statement. AS such it must be
thorough and accurate.
Saaried persons and wage earners
aust ascertain the actual compensation
Frcrrr-ts:~ overtime, Durusps, SHARES III
The profits of Il business, value of quar-
.ers and board furnished by the en-
)lOyer and other items which are COM
for services must be IN
'l,!ded
1t must he borne in mind that COM
han in cash. bonus paid in Liberty
Bonds is taxable at the market value
# the bonds. A note received in pay
nent for services is taxable income at
IS face value, and the interest upon
is also taxable.
Other Returns Due.
Every partnership doing business in
he United States must file q return
n Form 1865; and every personal
elvice corporation must file similar
eturn
Corporations must file annual re-
rms on Form 1870.
Trustees, executors, administrators
nd others acting in a fiduciary cspac-
v are required to file returns. In
)me cases, Form 1O41 is used; in
Tiers, Form 1910; and still others,
turns on both forms are required
Information returns, on Forms 1899
nd 1906, must be filed by every Or
firm or person who paid,
lring 1919, an amount of $1,000 in
llary, wages, interest, rent, or other
led or determinable income to an
her person, partnership, personal
rvice corporation or fiduciary These
formation returns should he for
arded directly to the Commissioner
Internal Revenue (sorting divison),
ashingtOI, D. c.