The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-01-20
INCOME TAXES
DUE BEFORE LONG
Federal Government Making Special Eff
fort This Year TO Facilitate Making
Out Schedules.

What was your income for 1920?
An answer to this question is required
by the government Of every single perSo1
imam, woman or child in the United
States whose net income for last year
was 81 900 or more. and of every married
person whose net income was $4,000 o.
more. Heavy penalties are provided by
the revenue act for those who fail OF
"wilfully refuse" to comply.
The period for filing returns for tn
calendar wear E9ZU Is from Jan. t
March II. 1921. The bureau of inferno
revenue estimates that within this perio.
there will be filed 100000 individual il
come tax returns 1t Is certain pc
centage of these returns will be incorrec.
not because of dishonest intent on. tn
part of the taxpayer, but because of errol
in making out tine forms. Erroneous III
depreciation of the law and regulation
governing the collection of the income Ia.
and careleSSncSS cause numerous mistakes
and result in the initial assessment an.
collection Of considerably greater or lessee
amounts than are actually due. Ere
uUeutly these mistakes result in OVerpay
mcut. return of which is made upon 9
claim for refund. Where. upon verifica
ton and audit. underpaymentS are shown
taxpayers as a rule are prepared promptly
to amend their returns and pay the add
tioual tax due. Ia either event there j.
trouble for both the taxpayer and the gov
eminent.
TO the end that this year such errors
may be reduced to a minimum. the bureau
of internal revenue is making special effort
to inform taxpayers of their rights and
duties under the revenue act as interpreted
by rulings and regulations of the treasury
department.
The exemptions for 1920 are $1,000
for single persons. $1,000 for married per-
sons and heads of families, plus 5000 for
each dependent if under Is years of age
or incapable of self-support. The normal
rate is / per cent on the first $1,000 of net
income above the exemptions and q per
cent on the remaining net income. This
applies to every citizen and resident of the
United States. Alien non-reSidentS re
ceiving income from sources within the
United States are taxed to the full per
cent on net income from such sources.
The surtax rates range from l per cent
on income between $1,000 and $1,000 to
81 per cent on income in excess of 81 900
900. Net income is gross income less
certain specified deductions.
The tax, this wear as last, may be paid
i'm full at the time of filing the return. or
in four equal inStallments. due On or before
March 10 June II. Sept. u and Dec. 10.
The first instalment must accompany the
filing of the return. Forms 1O4OA for
incomes of 5000 and less. and 1910 for
incomes of more chan $4,000 have been
revised and contain Instructions which, if
carefully readr aud followed, will be of
great aid to t1e taxpayer in the making
of his return. So
Forms viii bessent to persons who last
year filed returns of 1919 income. Failure
to receive a fOtan. however. does not re-
Iieve a person of his obligation to file a
return and pay the tax on time. Copies
NAV be obtained from, offices of collectors
of internal revenue branch offices and
banks The return, sworn to before a
notary. or other person authorized to adj
minister oaths. must be filed with the coll
lector for the district i'll which the tax
payer lives or has his lGineiRal place Of
business. @f@