Imperial Valley press., 1923-01-08
GOODCELL TELLS
HOW TO FILL IN
INCOME RETURNS
January l to March Is
Period of Filing
Income Report

Collector of Internal Revenue Rex
Goodcell is mailing to 10000 tax
PAYERS in the Southern California
district who made similar returns
for the year 1927 Form 1040 A, for
filing individual income tax returns
of $1,000 or less for the year 1922,
and in statement made today he
outlined to taxpayers the proper
way to make returns, pointing out
various changes in the income tax
laws.
The form is i'll six pages, two of
which provide for the return proper,
and two for making a duplicate of
the return. Two pages are devoted
to instructions. The duplicate and
the instruction pages should be de
tached and retained by the taXpay-
cr, and the original return mailed
to Collector Goodcell. Form l040
for filing returns of net income in
excess of $1,000 soon will be issued,
and mailed to taxpayers who filed
similar returns for 1921. The filing
period is from January l to March
10, 1923.
To avoid errors which may result
to their disadvantage, taxpayers are
advised by Collector Goodcell to
study carefully the instructions on
the forms, especially those with re
gard to credits for personal eXemp-
tions and dependents. Married per
sons required to make a return on
Form l040A-those whose ret in.
come was $4,000 or less-are allowed
an exemption of $500. The ex-
omption for married persons whose
net income was in excess of $1,000
is $4,000.
The exemption for single persons
is $1,000. Also, whether married or
single, the taxpayer is allowed a
credit of $400 for each person de-
pendent upon him for chief support,
if such person is under Is years Of
ago or incapable of self support be
cause of being mentally or physi-
cally defective.
Must File Return
Collector Goodcell said it should
be remembered that the requirement
to file return is placed upon every
married person whose net income
for 1929 was $4,000 or more or
whose gross income was $4,000 or
more, and upon every single person
whose net income was 81 900 or
more, or whose gross income was
$4,000 or more. The fact that by
reason of the exemptions and credits,
a persons income is not taxable.
does not nullify the requirement to
file a return if the income equals
or exceeds these specified amounts.
Net income, upon whcih the tax is
assessed, is gross income less certain
deductions for business. expenses, bad
debts, losses, contributions, etc, pro-
vision for which is made ON the
forms.
A head of a family-"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-
tom is allowed same exemptions
as a married person.
In the returns of married persons
must be included the net income OF
both husband and wife and depend
ent children. Husband and wife
may make joint return or separ-
ate returns. They receive but one
personal exemption, $500 or $4,000
as the case may be. If they make
separate returns the exemption may
be taken by either or devided be
tween them. The exemption of $40o
for a dependent may be claimed only
by the one who furnishes the de-
pendent S chief support. as
Last Day Counts
The taxpayer s status on the last
day of taxable year-December 81,
1922, if made ON the calendar year
'basis--determines the amount of his
exemptions and credits If married
and living with wife or husband on
that dav the exemption is $1,000 or
$4,000, sccording TO the amount OF
net income III single aud without
dependents on that day he may
claim but $t,000gaS, his exemption,