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Newspaper
Silver Lake Record
Location
Silver Lake, Indiana, United States of America
Date
Mar 04, 1920
Page
5
Notices announce the March 15 deadline for sworn income tax returns for 1919. Individuals with $1,000+ single or $2,000+ married must file, with joint or separate returns as applicable. Indiana residents file with William L. Elder in Indianapolis. Information on forms 1040A 1040 1065 1120 1041 1099 1096 and guidance provided.
Fairview and surrounding locals report illnesses including chicken pox and influents. Several residents visit, travel, or attend events in Warsaw, Silver Lake, and nearby towns. A church sermon, sales, family gatherings, a potential wedding, and a planned move are noted alongside multiple sickness reports.
For single filers with net income of $1 000 or more in 1919 and married couples with $2 000 or more. The final filing date is March 15 1920. Local collector of internal revenue handles filings. Full directions on Form 1040A and 1040, plus the law and regulations. Four percent tax on taxable income up to $4 000 over exemption. Eight percent on the remaining taxable income. Sur tax ranges from one to sixty five percent on net incomes over $5 000.
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