The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1923-03-02
WOMEN SHOULD
BECOME POSTED
Thousands of Them Must
File Income Tax Re-
turns With Officials

Following is a statement of Chief
Division Deputy Collector Frank J.
Memo Of the Mankato internal rev.
enue office in regard to manner OF
making income tax returns. Especial
instructions as to the manner in
which women are to make out re-
turns In their incomes is given con
siderable space. Mr.. Nenno advises
every one required to make returns
to file early and avoid the rush of the
last few days.
The period of filing income tax re-
turns ends midnight March Is.
THOUSANDS Of women are required
to file an income return and pay
tax on their net income for the year
1922. No official estimate can be
given of the number OF women, but
statistics Of income for the year 1920,
recently issued, show that approx
mately 200 women filed returns
for that year, claiming the 81, 900 en-
emption allowed single person. In
addition there were filed 132,181 re-
turns by women Claiming an exemp-
ton of $1,000 as the head of a fam
lily, IA person who supports and
maintains in one household one or
more individuals CLOSELY related to
him Cor herr by blood, marriage, or
adoption, and who exercises family
control Under the revenue act now
in force the personal exemption al
lowed the head of family is ST.
800 If the net income for 1922 was
$4,000 OF, less, and $4,000 if the net
income exceeded $4,000.
"A woman who was widowed dur
ing the year 1922, unless the head of
q family. or remarked on or before
december 81, 1922, may claim a per-
sonal exemption of only 81 1000. A di
vorcee, or wife who continuously and
without necessity makes her home
apart from her husband is classed as
single person, and entitled only to
the $1,000 personal exemption.
whether a man and wife are civ
Ing apart, for the purpose of the in
come tax law, depends upon individ-
ual circumstances. A wife who sup
ports an invalid husband in a sani-
tarium. may claim the exemption al
loweba married couple. The separa-
TOMS one of necessity.
- The revenue act does not pre-
scribe the amount of the exemption
allowed a married woman living
with her husband. Married couples
living together are granted an ex-
emption of $4,000 or $4,000 depend
ing upon whether their combined
net income is $4,000 or less, or more
than $4,000. Husband and wife may
make separate returns, or they may
make a joint return. In the event
separate returns are made, either
husband or wife may claim the ex.
emptjon allowed married persons, .or
they may divide it between them in
such proportion as they choose.
The period for filing income tax
returns ends at midnight March Is.
IF you paid 100000 or more to
any individual, partnership or i'd
uc1ary in the year 1922 you are
probably liable for filing form 1896
with form 1899 with the commission
er of internal revenue at Washington.
The revenue act of 1921 states that
these forms must be made by every
individual, corporation, partnership,
association, trustee. executor, adj
ministrator, receiver, employer and
the like.
The reports are based on items
paid during the calendar year re
CARELESS of the closing date of your
own business year. and are due in
washington on or before the 18th OF
March, 1923.
I'll, you paid $1,000 as part of the
purchase price OF house it need not
be reported but II you paid $1,000 or
more as rent or interest on contract
or mortgage you should procure
forms from L. M. Willcuts, collector
Of internal revenue at st. Paul and
file the information return.
Items in general in addition tn
those mentioned above which should
be reported are salaries, wages. pre-
.emoluments, remuneration.
or any other fixed determinabIe gains
or profits.
1T Is a simple matter and does
not take much time to fill out these
blanks and mail them in, and mas
much as The revenue acts prescribes
a heavy penalty for failure to report
in time it behooves the taxpayer to
file early instead of late.
Those who received PAYMENTS as
reported will see that before the end /.
OF the year these payments will he
checked against their income tax re-
turns. II no return is on file they will
beacalIed upon by the tax returns. IL
noreturn is on file they will be call =,
ed upon by the collector Of internal
revenue to explain why. So If YOU
were not liable for filing a return il
is necessary to keep your records of