The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1925-02-12
OFFER HELP FOR
INCOME REPORTS
Members of Federal Intern
al Revenue Dept. Give
Free Service.
FOR FEDERAL REPORTS

The Kenosha office of the United
States Department of Internal Reve-
nue. is placing its deputies at the ser
vice of all Kenoshans in making out
their income tax reports as required
by federal law. The Office is located
in the county courthouse annex at 312
Main Street, with Deputy Collectors,
A. w. Foster, A. B. Schmitz and Karl
Solum, in charge of the Kenosha de-
partment. These men are offering
their knowledge and experience to
every Kenoshan who is finding some
difficulty in filling out his question
naire and this service is offered with
out any charge. The three are par
ticularly anxious to assist corpora
tions and partnerships in making ac-
curate and clear reports. The office
is open daily and will be open on Sat
urday afternoons of February Fl and
20, March and IA. March 16 is the
last day for filing reports without in
curing a fine for default in reporting.
Between now and March IS, income
tax returns must be filed by all in
dividuals, partnerships and corpora
tions for the calendar year 1924.
The revenue act of 1924, approved
June 2, 1924, makes important changes
in federal taxes, especially as they
affect individuals and partnerships.
Must File Returns.
Partnerships, as such, are not taxed,
but they are required to file return
showing the net income and the dis
tributive share thereof belonging to
each partner, and each partner is re-
.quired to include in his individual re-
turn such distributive share OF the
earnings, whether or not he has re-
ceived them.
The net income of corporations is
determined in much the same man
ner as that of an individual, but they
are taxed at fiat rate of IL LIZ per
cent of the taxable net income instead
of the graduated rates applying to
individuals.
Every citizen of the United States,
whether residing in this country or
abroad, every resident alien, and
every nonresident alien receiving in
come from sources within the United
States, may be subject to this tax. An
alien who is travelling through or
temporarily sojourning in the United
States is not resident alien within
the meaning of the law. A non-resi-
dent alien is not taxed on income paid
in the United States which has it's
origin abroad.
Who Must File Returns.
1. Every married person Giving
with husband or wife) who receives
net income of $500 or more, or gross
income of $4,000 or more for the year,
and
2. Every single person, or married
person not living with husband or
wife, who receives net income of $1,000
or more, or gross income of $4,000 or
more, for the year, must file returns.
When the aggregate net income
of husband and wife living together
is $4,000 or more, or the aggregate
gross income is $4,000 or more, either
joint or separate returns must be
filed.
In some cases an individual by rea-
sons of deductions and credits allow
ed, is required to file a return, al
though no tax is payable.
Across the hall from the federal
revenue departments Office in the
courthouse annex on Main street, is
the office of Robert L. Cundy, assessor
of incomes for Kenosha county. Cundy
is receiving state income tax reports,
and he too offers the assistance of
himself and his staff of tax experts
in filing out state tax reports.