Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-01-10
Income Tax Blanks Are
Less Cumbersome Now
sIMPLIFlED FORMS MAKE IN
COME TAX RETURN EASY
TO HANDLE

Let one of your New Year resolu-
tions be to file your income tax re-
turn early Forms for filing indivi-
dual, corporation, partnership. per-
sonal service corporation, information
fiduciary and other returns required
by the evenue act are now available
at the office of Collector of Internal
Revenue, Milwaukee, Wisconsin, and
the following branch offices: Madi
son, Racine, Oshkosh, Green Bay, La
Crosse and Superior.
The filing period is from January
1 to March Is, 1924.
Inaugurating the most progressive
and important step it has taken since
the initiation of the Income Tax Laws
the Internal Revenue Bureau. after
months of research work, has sdevel-
oped a simplified income tax from
which Collector A. H. Wilkinson de-
clared would make it as easy for the
salaried or wage-earning taxpayer to
prepare his return for the coming
filing period as it would be for him
to fill in a request for postal mon
ey order or to make out an applica-
ton for employment as is required
by the average commercial concern.
Reduced from six pages to a single
sheet on which answers are required
to only three questions in relation to
income, Form 1910 A has been revis-
ed in the interests of the great major
ity of taxpayers The number Of per-
sons affected by the adoption Of tue
simplified form is shown by the fact
that of 6,662,176 personal returns fill
ed for the calendar year 1921, 6,156.-
$40 were returned on Form 1910 A.
OF personal income amounting to
$13, 215,434,211 reported on 1O4OA
forms, $1O,981, 649,359 was derived
from salaries and wages.
It is estimated that more than A.
100000 persons in the United States
will use Form 1O4OA in reporting in
come for the calendar year 1923. Out
of a total of approximately 100000
who will file returns in the district
of Wisconsin. more than 100000 it is
estimated will use the new form.
Persons who use Form 1O40A will
find the problem of correctly making
out an income tax return reduced to
minimum. The difficulties of the
audit will also be greatly fesseTled,
thereby expediting the work of the
Bureau of Internal Revenue, and re-
ducing the cost of operating expense.
The new Form 104OA will be used
exclusively by taxpayers whose in
dividual net income is $4,000 or less,
coming principally from salaries and
wages, and was designed to meet the
almost universal criticism that the
income blanks were so complicated
that it required the services of a
lawyer or an expert accountant to
fill one out.
Form 1910 is TO be used by persons,
any part of whose income for the
year 1928 was derived from business
or profession, farming, sale of prop
erty. or rents, regardless of the
amount, and in all cases where the
net income was in excess of $4,000,
whether from salary, wages, business
profession or other taxable sources.
Formerly Form 1910 was used only
where the net income exceeded $4,000
Both forms have been mailed to tax
payers for the reason that it is not
possible to determine at this time
which form is desired by individuals.
Failure to receive new form does
not relieve the taxpayer of his obi
cation to file his return and pay the
tax on time. A copy of the form desir
ed may be obtained on request, writ
ten or oral, at the office of Collec-
tor A. H. Wilkinson or any of the
branch offices.
In view of the fact that it is not
possible to determine, at this time,
the class of return which will be re-
CURED by 1O40A taxpayers whose
names now appear ON the lists of this
district, have decided to mail both
blank Forms 1O40A and 1910 to all
1O4OA taxpayers, and the taxpayer
can then select the proper form on
which to make his return.