The Waterbury Democrat., 1939-01-30
Uncle Sa1, Prepares To
 Collect Income Taxes
First Publicity Blast Released Today Giving De- tails of the Annual Custom of Uncle Sam Sharing Americas Wealth - Instruction. Given
(NEA Radiophoto)

of $5,000 or more, and generally, husband and wife living together, who had an aggregate net income of $2,500 or more or an aggregate gross income of $5,000 or more, must file returns. If in doubt ob- tain form and printed instructions from collector of internal revenue.
 WHEN? The filing period begins January and ends March l5, 1889.
 WHEREp Collector of internal revenue for the district in which the person lives or has his principal place of business,
 HOWp See instructions accom- panying Forms l040 A and l040,
 WHAT? Four percent normal tax on the amount of net income in ex- cess of the personal exemption, credit for dependents, earned-in- come credit, and interest on opliga- tionS of the United States and ob- ligations of instrumentalities of the United States. Surtax on surtax net Income in excess of 5000. H
 AHCUme thx DUHtS
 DON'T prepare your return with out first studying the instructions accompanying the form.
 DON'T procrastinate. Early aS- sembling of data permits a careful consideration of all tax problems.
 DON'T destroy the memoranda from which your return was pre- pared.
 DON'T omit explanation when such information is essential to an intelligent audit. Attach memo- randa to your return.
 Your Federal Income Tax
 No. 1
 How To Avoid Common
 Errors
 The period for the filing Of in- come-tax returns covering the cal- endar year 1888 began January 1 and ends at midnight of March IS, 1889. To file carly is of mutual benefit to the Government and the taxpayer. Within this period arc filed annually millions of individual income.taX returns, large propor- ton of which report income sub- ject to the tax. The latter contain a considerable percentage of errors, which If uncorrected by the audit would result to the disadvantage Of the taxpayer. Many are errors of computation easily discovered on the face of the return, which usual- ly is accompanied by payment of more than the amount of tax due. In other returns 1t is readily dis cernible that the taxpayer has fail- cd to take advantage of the per- sonal exemption, credit allowed for dependents, or deductions from gross income to which he is enti- tied.
 To avoid these and other errors, the Bureau of Internal Revenue urges careful reading of the in- structions accompanying the forms for filing the returns. Additional information, If needed, may be ob- tained at the office of collector of internal revenue, deputy collec- tor, or an internal revnu agent in charge. A taxpayer who applies to a revenue officer for assistance in preparing his return should take with him a copy of his prior year return. Also, as a further aid in the preparation of correct in- come-tax return for the year 1888, the Bureau has prepared a series of short newspaper articles, of which this is the first, advising the salar- fed man, wage earner, professional and business man-in fact, every class of individual taxpayer--of the requirements and privileges as in- terpreted under the latest regula- tons, rulings, and decisions relating to the income-tax law.