Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1920-02-26
!. COME 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, II Sim
gle; Or $4,000 or Over II Married,
Must es Reported.

The Income Tax imposed Dy 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 1910 amounting to:
$1,000 or over, II single; or If mar
ried and living apart from wife (or
husband) or II widowed or divorced.
$1,000 or over, II married and living
with wife (or husband).
The status qf 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 that of de-
pendent minor children. in meeting
this requirement and, II sufficient to
require q return, all items must be
shown In 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
$1,000 or more is not considered
dependent, and must file a separate
return.
Personal returns should be made on
Form 1O4OA. unless the net income
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 to find out whether
one must file q return Is to get Form
1O4OA and follow the Instructions
printed on 1t. That form will serve IA
q reminder of every item OF income.
and II a return ts due 1t tells how to
prepare and file 1t,
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
sworn statement. AS such 1t must be
thorough and accurate.
Salaried persons and wage earners
must ascertain the actual compensation
received. Overtime bonuses, shares In
the profits Of q business. value Of quar-
ters and board furnished by the en-
ployer and other items which are COM
pensations for services must be In
cluded.
1t 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 ut the market value
of the bonds. A note received In pay
ment for services Is taxable income at
its face value, and the interest upon
It is also taxable.
Other Returns Due.
Every partnership doing business In
the United States must file return
OH Form 1905; and every personal
service corporation must file similar
return.
Corporations must file annual re-
turns on Form 112O.
Trustees, executors, administrators
and others acting in fiduciary capac-
ity are required to file returns. In
some cases, Form 1O4l is used; In
others, Form 1910; and still others,
returns ON both forms are required.
Information returns, on Forms 1883
and 1895, must be fled 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. G.