Evening capital and Maryland gazette. (Annapolis, Md.) 1910-1922, 1920-02-23
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, If Sin
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 and resident who had net in,
come for 1919 amounting to:
$1,000 or over. If single; or If mar
rled and living apart from wife Tor
husband) or IL widowed or divorced.
$1,000 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 any Of these circumstances a
return must be made, even though
no tax is due
the income of both, plus that of de
pendent minor children, in meeting
this requirement; ana, il sufficient ia
require a return, all items must be
siAO III a JRiAN ANtNt - " 80 ~ k'SANtNN
returns of husband and wife.
single person with minor depend
ents must include the income of such
dependents.
minor who has Il net income OF
$1,000 or more is not considered 3
dependent, and must file a separate
return.
81, Ia or
Form 1040A, unless the net income
exceeded $1,000. In which case Form
1910 should be used
Residents of Maryland should file
their returns with, and make payments
of Income Tax TO, Joshua w. Miles,
Collector of Internal Revenue, Balti.
more.
How to Figure Income.
The best way 10 find out whether
one must file return is to get Form
1040A and follow the instructions
printed on ii. That form will serve as
Il reminder of every item of income
and if a return is due it tells how tc
prepare and file it,
If in doubt on any point as to income
or deductions, person may secure free
advice and aid from the nearest Inter-
nal Revenue office.
Guesswork, estimates and other hit
Or-miss methods are barred when per
son is making out his Income Tax re
turn. Accuracy and completeness must
be insisted upon. The return is a
sworn statement. AS such it must be
thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensation
received. Overtime, bonuses, shares in
the profits of business. value of quar-.
ters ana board furnished by the EN-.
ployer and other items which are com.
pensations for services must be In
Guided.
1t must be borne in mind that com,
penSation may he paid in other forms
than in cash. A bonus paid in Liberty
Bonds is taxable at The market value
Of the bonds note received in pay
ment for services is taxable income at
its face value. and the interest upon
Il is also taxable.
Other Returns Due.
Every partnership doing business in
the United States must file return
on Form 1863; and every personal
service corporation must file similar
return.
Corporations must file annual re-
turns on Form 1920.
Trustees, executors, administrators
and others'acting in fiduciary capac-
ity are required TO file returns. In
some cases, Form 1041 is used; in
others. Form 104o and still others,
returns on both forms are required.
Information returns, on Forms 1899
and 1926, must be filed by every or
ganization, firm or person who paid,
during 1919, an amount of $1,000 in
salary, wages, interest, 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),
WASHINGTON d c.