The Miller press. [volume] (Miller, S.D.) 190?-current, 1920-03-04
INCOME TAX
RETURNS Due
Business Men, Farmers and Wage
Workers Must File Schedules
! of Income for 1919.
MARCH IS LAST FILING DATE.
Net Incomes Of $1,000 or over, n Sin
gle; or $1,000 . over II Married,
Must BE Reported.

The Income Tax imposed by Act
of Congress on earnings OF the yeal
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 IL mar.
ried and living apart from wife Tor
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 a
return must be made, even though
no tax Is due.
Husband and wife must consider
the income Of both, plus thar of de,
pendent minor children, in meeting
this requirement; and, IL sufficient to
require a return, all items must be
shown in a joint return or in separate
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
81 900 or more is not considered a
dependent, and must file a separate
return.
Personal returns should be made on
Form 1910 A, unless the net income
exceeded $1,000, in which case Form
1910 should be used.
Residents OF North and South Da-
kota should file their returns with. and
make payments Of Income Tax to, j.
w. Nee. Acting Collector of Internal
Revenue. Aberdeen, s. ID.
How to Figure Income.
The best way to find out whether one
must file a return is to get a Form
1040A and follow the instructions
printed on II. That form will serve as
a reminder of every item of income,
and II a return is due 1t tells how TO
prepare and file II.
If In doubt on any point as to income
or deductions, a person may secure
free advice and aid from. the nearest
Internal Revenue Office.
Guesswork, estimates and other hit
or-miss methods are barred when a
person is making out his Income Tax
return. Accuracy and completeness
must be insisted upon. The return Is
a sworn statement. AS such II must
be thorough and accurate
Salaricd persons and wage earners
must ascertain the actual compensa
ton received. Overtime, bonuses,
shares in the profits OF a business,
value OF quarters and board furnished
by the employer and other items which
are compensations for services must
be Included.
II 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 not received in pay
for services is taxable income at
its face value. and the Interest upon
II Is also taxable.
Other Returns Due.
Every partnership doing business In
the United States must file a return
on Form 1865; and every personal
corporation must file a similar
return.
Corporations must file annual re-
turns On Form .1120.
Trustees. executors, administrators
and others acting In a fiduciary capac
lily are required to file returns. In
some cases. Form 1041 is used: In
others. Form 1O40: and sfiri others.
returns on both forms are required.
Information returns, on Forms 1899
aud 1896. must be filed by every or
ganization, arm or person who paid,
during 1919, an amount OF $1,000 In
salary. wages, interest. rent, or other
fixed or determinable income 10 an
other person, partnership. personal
corporation or fiduciary. These
Information returns should be for
warded directly to the Commissioner
Of Internal Revenue tsorting division),
Washington, ID. G.