The Waterbury Democrat., 1946-12-26
AEtlela N6. !
V q BURTON MRAxm

Washington. neo. n8. tNnAD-ne~ eWDeA noW and mlanlfht of Jan. 70 every Mnn, woman and child who 8 toQulrea to flle an Income tx .st.male for to1e must make @lt0 tAAa h1 ter she) has eaeasiled ue faw1 reQllrements.
 xoa As~ tequlred to tlle an esq. malns
 sao Il your wages subject Co with. hol0iAH tax were more than Ab!Oo0 plus en additional eSOO for every exemption other than your own. Inne ls-A single man without de. pen0enls must ille an estimate ig his salary subjected Co wlthholdlng Wa8 more than e6,00O, Q married couplA or single man with one osrpndenk k such salary was more than &5,0O0. couple with one de. pendent lf the wage subjected Co withholding was more than S6OO0; and 90 uns or
 CO 1T your income during the year was more than e6oO and if more than 9l00 of that came from sources on which no tax was with. held.
 If you faf into either of these two classes you can do one of two things before Jan. IS.
 CD Make sure that you have aleu an estimate. OeuSthe tax on your ie46 il1comestliat win not be more than 90 percent below the final correct amount of that este mate, in full, either through with- holding tax, or by direct payment to the Collector, or by Q conablna- ton of both: or you can
 CO File your final le48 return, and pay with t. in fun, whatever tax 1t shows that you owe the Gov ernuenk
 Most taxpayers were supposed to file their first estimate last March l5, if the above tests (a) or (bl showed one due, and to correct tt June IS and Sept. IS # increased income made that necessary. Their Jan. IS task is to see that earlier estimates were not more than 20 percent oaf-or to file now if they did not file earlier.
 If ct least two-third of your gross income came from farming, this Jan. IS estimate is the first you have had to file on l046 inc come, and you will not be penal- ised unless your estimate-and tax paid with it--is more than 8 li3 percent below what the March 10 computation finally shows that you owe.
 Even of you have received your withholding Statement by Jan. 70 --and your employer has until Jan. si to distribute them-it can not be filed in place of final esti- mate that Is required.
 Those who do not fall into one of the two classes above have until March IS to file their returns, either on Withholding Statements or Form l0lO. And those who have met the requirements on estimates also have until March l6 to nle final returns.
 But any person, or any married couple filing jointly, whose gross income (minus deductible business expensAs as listed in the third nrkicle) was as much as S5.O00-- or who received more than SlO0 from div dends and interest and wages on which no tax was wtth- heIa-Or who had any income, however little, from any other tax able source, can not file Form W-2 anyway.
 It is this group that must use Form iO1O. 1t is such taxpayers who are most likely to have esti- mates that need checking by Jan. IS. And for them often it will be simpler to fife Q final return by | Jan. IS than to check the estimate, perhaps file an amendment with check, and still have to prepare and file the final return by March 1 IS. |
 This is the first in Q series of 10 articles for the general income tax payer. prepared in consulta- tion with experts of the Bureau |