The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1922-01-14
FOR INCOME TAX
Forms for Filing Returns Avail
able Here January Is.
Heavy Penalties Attached for
Failure to, Comply.
EXEMPTIONS HIGHER THIS YEAR
Normal Tax Rate Unchanged
by New Revenue Law.
Instructions on Each Form
Should Be Studied.

The forms for the filing of indi-
viduaI income tax returns will be
available at the office OF the internal
revenue department in the federal
building here Wednesday, January IS,
according to statement from H. H.
Motter, collector of internal revenue.
Copies of the form will be mailed
to individuals who made income re-
turns last year but failure to receive
the form does not relieve a taxpayer
of his obligation to file a return on or
before March IS. 1922.
The form has been reduced from
six to four pages, two of which are
devoted to instructions which should
be carefully studied before filling in
the blanks. These instructions will
greatly lessen difficulties heretofore
encountered If carefully studied.
Spaces for All Incomes.
On page 1 are spaces for reporting
all forms of income. together with
profit or loss from business or profess
ing deductions, such as interest and
taxes paid during the year and losses
from theft, fire, storm, contributions
and bad debts. On page are spaces
for explaining the various items.
Returns are required of every sin
gle person and every married person
not living with husband or wife,
or more; and of every married per-
son living with husband or wife whose
net income was $4,000 or more. If
the combined net income of husband,
wife and dependant minor children
equaIled or exceeded $4,000, or if the
combined gross income of wife, hus-
band and dependent minor children
equalled or exceeded $4,000, all such
income must be reported on joint
return or in separate returns of hus-
band and wife.
If single and the net income, includ-
ing that of dependant minors, if any.
equalled or exceeded 81, 900; or If the
gross income equalled or exceeded So
900, return must be filed. A minor,
| however, having net income of ST.
600 or $4,000, according tc marital
status, or a gross income of $4,000,
| must file a return. The requirement
| to file a return of gross income, re-
gardless of the amount of net income,
on which the tax is assessed, is a new
| provision.
NET income is gross income less
certain deductions which are explained
| in the form.
The Exemptions.
Under each of the above conditions
a return must be filed even tho nc
tax is due. The exemptions are $1,000
| for single persons or persons not liv-
/ ing with husband or wife; $500 for
married persons living with husband
or wife whose net income for 1921 was
| $1,000 or less; and $4,000 for such
persons whose net income was more
than $4,000. The exemptions for de-
pendants-"a person under eighteen
years of age or mentally or physically
defective"-has been increased from
| 5000 to $400.
The head of a family person who
actually supports in one household
one or more persons closely related
| to him or her by blood, marriage oil
adoption-is granted the same eXemp-
tons allowed a married persons.
| The normal tax rates are unchanged
! They are per cent on the first $4,000
| of net income above the exemptions
and per cent on the remaining ne
| income. The tax this year, as last
may be paid in full at the time of fill
ing the return and in four equal in
stallments due on or before March Is
June Is, September IS and December
Is. Heavy penalties are provided b!
i the new revenue act for failure to file
| a return and pay the tax on time.