The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-01-28
UNDOSOM YOURSELF
TO UNCLE SAMUEL
HI MUST KNOW WHAT
YOU MADE LAST YEAR
MaSsh G is Final Date on Which to
Make 1920 Income Return and First
Payment Heavy Pinalty Incurred
Sm Failure. 4

~~@~ ~~-~ @~~re>~ - >@s>>S =
Payment Heavy Penalty Incurred
tm Failure.
what was your net income for
1907" is one Of the big questions
Juppermost in the mind of Uncle Sam
just at this time, and in his purpose
to asccrtain this Information he will
be yclentiess.
The answer to the old fellow admits
Of no equivocation as he is fully
equipped with divers means Of getting
anything he wants, and will get you
If yOu don't watch out"
March Isis the final date on which
ono may file his income tax return
and make first payment without
fear of penalty, which must be. made
to the collector of internal revenue
for the district in which the person
resides.
Every single person whose net in
come for 1920 was ST 600 or more, and
seseTy married person whose net in
come was $1,000 or more, is required
4 to file a return under oath with the
collector.
The penalty for failure is fine Of
! not more than 81 900 and an addition
a assessment of rs per cent of the
amount of tax due. For wilful re-
fusal TO make return the penalty is
fine Of not more than $4,000 or not
exceeding one years Imprisonment
or both together with the costs Of
prosecution. A similar penalty is
provided for making false or fraud
ulent return together with an ad-
ditional assessment Of SO per cent of
the amount of tax evaded. -'s
The income tax applies to women
as we'll as men. Husband and wife
must consider the income, of both
plus that Of minor dependent chill
dren, and if the total equals or ex-
ceeds $1,000 a return must be filed. A
minor who has a net income in his
own right of 81 600 or more must file
a separate return. To be allowed
the $1,000 exemption married per-
son must be living with husband or
wife on the last day Of the taxable
year, December 81, 1920. Divorces,
persons separated )by mutual agrees
ment, widows and widowers, Unless
they are the sole support Of others
!. living in the same household, in
which case they are allowed the $1,000
exemption granted the head Of a
family, are entitled only to $1,000 ex-
emption.
Single persons, though, required to
file return if their net income for
1920 was $1,000 or more, are, if they
are heads of families, granted a
special exemption under the revenue
laws. Sush a person is defined by
Treasury regulations as "a person
who actually supports and maintains
in one household one or more indi-
viduals who are closely connected
with him by blood relationship, re
lationship by marriage or by adop-
tion, and whose right to exercise
family control and provide for these
dependent individuals is based upon
y,ome moral or legal obliagtion.""
Sush persons are allowed the exemp-
ton Of $1,000 granted married per-
son. In addition, they are allowed a
credit of 5000 for each dependent
under l8 years of age or incapable
of self-support because mentally or
physically defective. n .fi
A married person living with hus-
band and wife can not claim an adj
ditional $1,000 exemption as the
head of family. His or her ex-
Semption is based upon the marital
4 status, irrespective of the support OF
others living in the same household
The additional $500 credit for de-
pendents does not apply to the hus-
band or wife of taxpayer. For ex.
ample, if married man supports a
father who is incapable of self1sup.
port, he is entitled to the $500 credit
for such person. If through force ol
( circumstances he supports his wife
away from home he is entitled to the
$1,000 exemption allowed married
person, but not to 5000 credit for q
dependent.
"A son who has left home but who
sends his mother more than one-hali
the sum required for her support is
entitled to the 5000 credit, provide,
the mother can not support herself
Otherwise, the amount must be con
<ssidered as gift, and, therefore, thu
/, credit is notsallowed. A son living Al
home and supporting his father
mother, or other relative may claim
the $1,000 exemption allowed the heat
of a family, but not the $500 credi
unless such relative is under 18 years
/ of age or incapable Of self-support
The normal tax rate for 1920 is th'
same as for 1914 per cent on til,
+ first $4,000 of net income above th'
exemption and 8 per cent on the re
\ manning net income. This applies L
every citizen and resident Of th'
United States. In addition ito tn
nornal tax a surtax is imposed upoi
net income in excess of $1,000. in
Full Instructions for making ou
returns are contained on the forms
i copies Of which may be obtained fron
collectors of internal revenue. Per
sons whose net income for 1920 wa
5000 or less should use Form 1040A
Those with incomes in excess Of SIS,
I. 600 should use Form 1040.
Revenue officers will visit ever
county in the United States to assis
taxpayers in making out their returns
The date Of their arrival and the loca