The Bridgeport times and evening farmer., 1920-01-12
INCOWE-TAX FACTS
 YOU SHOULD KNOW

Were you one Of thousands or per sons who last year, with unquestion- ed honesty of purpose, filed an in- correct income tax return?
 Are you, or have you been a claim ant for refund of taxes overpaid" Have you been called upon by the Bureau of Internal Revenue for pay ment of amounts owed the Govern ment through inadvertence or omis- sions in making. out your income tax form? To sum it up, have you experienced trouble of any kind in filing your 1ncame tax return for 1918?
 If so, this is written for your bene- fit and for the benefit of more than 3,O00,000 taxpayers who, on or before March IS, will file income tax re- turns for the year 1919.
 It is certain a percentage of these returns will be incorrect. It is equal ly certain that the percentage of CT TOTS may be largely reduced if tax payers will acquaint themselves with the income tax provisions of the act of February "A, 1919, known as the revenue act of 1918, which provides for the collection of taxes for the year 1919 and subsequent years.
 Bureau Aids Taxpayers.
 
 been prepared with the official ap- provaI of the Bureau of Internal Revenue. a series of short articles, of which this is the first, telling how to make out an income tax return for 1919, when and where to file it, and what to do in case you meet with un- usual difficulties.
 By making note of the information contained therein, it 's believed that most of the difficulties heretofore en- countered may be avoided.
 Change in Normal Rate. Probably the most important change affecting the average taxpay- CT is in the normal rate, the exenp- tions of S1.000 for single persons and $2,o00 for married persons and heads of families remaining the same as for 1918.
 The normal rate for 1919 is 4 per cent. on the first s4.O00 of net in- come above the exemptions and 8 per cent. on the remaining net income ! The normal rate for 1918 was and 12 per cent, respectively. This ap- | plies to every citizen and resident 1 of the United States. Alien non-residents receiving in- come from sources within the United 1 States are taxed to the full pe1 | cent. on the income from sucf sources.
 The surtax rates, which range from 1 per cent. on the amount of net in. come between S5.ooo and 5000 to 65 i per cent. on the amount of income i in excess of $1,00,000. remain un | changed.
 May Pay in Install ments The tax. as in 1919. may be paid 1T 1 full at the time of filing the return I which is due on or before March IS | the second on or before June 15. tht 1 third on or before September Is, .ant l the fourth on or before Decembel , 15.
 | The first, installment must accom- | pany the filing of the return. The l period for filing is from January l to March 15. Heavy penalties ar, provided for persons who fail O 1 "willful1y refuse ,o file their return l 7rd pay the tax within the time pre- l scrfbed
 Forms for m 4i1tng returns may b, l btafned from offices of collectors O | internal revenue and deputy coiiee l ITS, post offices, and banks.
 If your income for 1919 was s5, Gut l IT 1ees. ask for Form 1640A. If
 ras more than s5,e6o ask for Forn
 'e4e.
 Returns must be filed with the col l tor of internal revenue for the dis jet, in which the taxpayer lives O 5 his principal place of business. | Y f