Norwich bulletin., 1922-12-28
WILL MAIL INCOME
 TAX BLANKS SOON

In the next few days, it is expected,
 mail of several thousand Norwich peo- pie will include tax blank forms from the internal revenue department for the information required by tae federal in- come tax law.
 The returns cover the calAada: year 1922, and must be filed not later than March Is, next. Returns may be filed any time after Jan. 1. The returns are in six proper, as many more for working out the return and 8 third set of pages giving in- structions and provisions of the law. To avoid errors which may result to their disadvantage, taxpayers are ad- vised by the bureau of internal revenue to study carefully the instructions on the forms, especially those with regard. to credits for personal exemptions and de- pendents. Married persons required to make return on Form 1o40-those whose net income was 5000 or less are allowed an exemption of s2,500. The exemption for married persons WrIose net | income was in excess of $5,Oo0 Is s2.co0 The exemption for single persons is 1 $1,0o0. Also, whether married or single, | the taxpayer is allowed a credit of $4o0
 for each person dependent upon him for chief support if such person is under IS years of age or incapable of self support
 because mentally or physically defective. The requirement to file return is plac- ed upon every married person whose net I income for 1922 was $2,eo0 or rl3re or i whose gross income was S5,e00 or more and upon every single person whose ret l income was $1,000 or more, or whose | gross income was $5,o00 or more. The fact that by reason of the exemptions and credits, a persons income Is not taxah-e, does not nullify the requirement to file a returnsif the income equals or exceeds these specified amounts. Net income, up- on which the tax is assessed is gross income less certain deductions for bus mess expenses, bad debts, losses, con-
 tributiens. etc, provision for which il made on the forms.
 A head of a family-"a person who ac. !. tually supports and maintains, in one household one or more individuals who
 relationship, relationship by marriage ol
 by adoption is allowed the same exemp
 tien as a married person.
 In the returns of married pefsonI
 must be included in the net income o
 both husband and wife and dependen
 minor children. Husband and wife may
 make a joint return or separate returns
 They recieve but one personal exemption
 s2,5o0 or $2,00o as the case may Dc. I
 they make separate returns thu
 exemption may be taken by either CT di vIded between them. The exemption 0 |, $400 for a dependent child may be claim ed only by the one who furnishes th' dependents chief support.
 The taxpayers status on the last da. : of the taxable year-Deeember 3l, 1S2a l if made on the calendar year basis--de } termines the amount of his exemption : and credits. If married and living witt ! wife or husband on that day the exetnp
 tien is $2,500 or s2,060 according to tn ' amount of net income. If single an : without dependents on that day he ma, claim but $1.000 as his exemption. esel |, though he may have been narred or th ] head of 2 family during the greater par
 of the year. Widewers, widows, divorcee and persons separated by mutual eonsen
 are chased as single persons.
 The Bureau of Internal Revenue . preparing to send into each county in tn . Uaited States revenue officers who vi 1 aid taxpayers in making out thei7 Rt d turns Similar services will be offere }. city residents. But the bureaus advice be . fore seeking such assistance is to req : carefully the instructions. Unless tl f problem is particularly complex, study ( d the form will enable the taxpayer to rnak s a correct return.
 The normal rate or tax or Der cen 2 on the first $4,000 pf net income ana s per cent. on the remaining net incon q above the exemption remains unchange' u Surtax rates, which apply only to income Y in excess of $6,0e0 are lowered, rangtn Y for the calendar year 1922 from 1 p. D. cent on the amount of net income betwee
 s6,oo0 and s1e,eoo to 50 per eeas. on Il amount by which the net incomes excef
 iss00,00o For the year 1921 the sufts
 irates ranged from 1 per cent. on tl
 amount of net income between s5,0ee ar
 lSs,006 to 65 per cent on the amount ss net income in excess of $1, ,eoe.e60,