The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1924-01-10
FLEET EARLY
SAYS OFFICIAL
Internal Revenue Collector
Urges Taxpayers to File
Returns early.
A SIMPLIFIED FORM

"Let one of your New Year resolu-
tions be to file your income tax re-
turn early says A. H. Wilkinson,
Collector of Internal Revenue of the
District of Wisconsin, in statement
issued today. Forms for filing indivld-
ual, corporation, partnership, personal
service corporation, information,
fidueiary and other returns required
by the revenue act are now available
at the ofice of Collector of Internal
Revenue, Milwaukee, Wisconsin, and
in Kenosha, at the Office OF collector
at the postoffice. The filing period is
from January / to March Is, 1924
Returns Much Simplified.
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 Develop
ed simplified income tax form which
Collector A. H. Wilkinson declared
would make it as easy for the salaried
or wage-earner taxpayer to prepare
his return for the coming filing period
as it would be for him to fill in re-
quest for a postal money order or to
make out an application for employ
ment such as is required by the aver
age commercial concern.
Reduced from six pages to single
sheet on which answers are required
to only three questions in relation to
income, Form 1040A has been revised
in the interests of the great majority
of taxpayers. The number of persons
affected by the adoption of the simpli-
fed form is shown by the fact that of
6 1862, ITO personal returns filed for the
calendar year 1921, 6,136,570 were re-
turned ON Form 1040A Of personal in
come amounting to $13,215, 434,211 re-
ported on 1O4oA forms, $10,981, 649,-
$50 was derived form salaries and
wages.
Four Million Use 1040A.
1t is estimated that more than A.,
0O0,0 persons in the United States
will use Form 1040A in reporting in
come for the calendar year 1928. Out
of a total of approximately 100000
who will file returns in the district of
Wisconsin more than 10000, it is
estimated, will use the new form.
Persons who use Form 1040A will
find the problem Of correctly making
out an income tax return reduced to a
minimum. The difficulties of the audit
also will be greatly lessened, thereby
expediting the work of the Bureau of
Internal Revenue, and reducing the
cost of operating expense.
The new Form 1040A 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 50 complicated
that it required the services of law
yer sor an expert accountant to fill
one out. a ais sa
Larger Forms for Others.
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 proper
ty, or rents, regardless of the amount,
and in all eases where the net income
was in excess of $4,000, whether from
salary, wages, business, profession or
OktteI thAdDIG SOuiSSSs Il
1040 was used only where the net in
come exceeded $4,000 Both forms have
been maiisd to taxpayers for the rea-
son that it is not possible to determine
at this time which form is desired
by individuals.
Failure to receive form does not
relieve the taxpayer of his obligation
to file his return and pay the tax on
time. A copy of the form desired may
be obtained on request, written or
oral, at the Office of Collector A. H.
Wilkinson or any of the branch of.
fees.
In view of the fact that it is not
possible to determine, at this time,
the class of return which will be re-
quired by 104OA taxpayers whose
names now appear on the lists of this
district, | have decided to mail both
blanks forms 1040A and 1040 to all
taxpayers, and the taxpayer can then
select the proper form on which to
make his return.