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FEDERAL RESERVE BANK OF DALLAS
F I S C A L A G E N T O F T H E U N IT E D S T A T E S

Dallas, Texas, August 27,1953

PAYMENT OF SEPTEMBER INCOME TAXES

To Treasury Tax and Loan Depositaries and
Others Concerned in the Eleventh Federal Reserve District:
The Treasury Department has announced that checks covering individual or corpo­
rate income taxes due September 15, 1953, may not be deposited in Tax and Loan
Accounts of depositaries. This decision was made because of the relatively small amount
involved and the disbursement requirements of the Treasury during September.
Any taxpayer desiring to apply Treasury Bills, Tax Anticipation Series, maturing
September 18, 1953, in payment of taxes due September 15, 1953, may present them to
this bank or appropriate branch. The bills should be accompanied by a letter furnishing
complete information as to the name and address of the taxpayer involved and as to
the Director of Internal Revenue to whom the taxes are payable. The taxpayer will be
furnished with two copies of a receipt reflecting the face amount of the bills, one copy
to be attached to the taxpayer’s income tax return and filed with the Director of Internal
Revenue on or before September 15, 1953.
A bank which desires that this series of bills held by this bank or one of its branches
in safekeeping or as collateral be withdrawn and applied in payment of the bank’s
income tax should furnish appropriate instructions to the office where the bills are held.
The instructions should be received in sufficient time to permit the return of the copies
of the receipts to be attached to the income tax return.
This bank will be glad to furnish any additional information in this connection that
may be desired.
Yours very truly,
R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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