Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1917-10-22
UNMARRIED OF
$1,000 INCOME
TO BE TAXED
INCOME TAX LAWS DURING WAR ARE
FULLY EXPLAINED IN LETTER FROM
COLLECTOR OF INTERNAL
REVENUE, AUSTIN.

Every single person whose net income
during the calendar year of 1917. and each
subsequent calendar year, l. ~ 900 or
more, will be required 10 render Il return
IA the collector OF internal revenue and pay
tax AT teh rate provided upon that portion
al such net income which exceeds ~ 900,
according To a letter explaining the income
tax law received by Judge r. W. Scabury
from \. :. Walker of Austin, internal rcve-
nue. collector for this state. I'm the ease of
heads 81 families the income tax law will
affect incomes of 5000 or more each cal
cndar year.
Mr.. Walker letter, and q tabulatcd
statement of various taxes atiordlng vari-
Gus incomes, follows:
Receipt J. acknowledged of yonr IN
quIry regarding income tax reports under
the act of October 3, 1917.
The provisions of thi, law are made
rctroacticc and will cover the actual net
income of an individual during the entire
calendar year 1917, and each subsequent
calendar year. No report will be required
Of individuals until after January 1. On
and after that date reports must he filed
on or before March /. following in order TO
avoid the severe penalties prescribed by the
law for failare To make report within the
time required.
BLANK form, for making income tax
reports will be mailed from this office to
each person making inquiry regarding the
law. These blanks will probably not he
available until about December 20. All in
diyIdual> liable Ia the tax should prepare
the necessary data that will enable them To
render reports promtly upon receipt Of
blanks from this office.
BY the term net income j. meant the to-
tai gross income of an individual, from all
source, t,Nccp, salaries and compcn,a-
iion from a state. county or municipality
les actual business expenses, but not eX-
pcn,e> ut the home. Allowable deductions
from gross income arr All necessary busi-
ness expenses: All taxes paid tcxcept IN
come and war excess profit, taxi all IN
tere~t paid on personal Indebtedness Tex
ccpt interest upon indebtedness incurred
tor The purchase of securities, ETC., the in
come from which j. exempt from taxation.
For the year 1917. and subsequent
years. individual, Will he required 10 rem
der income tax returns and pay tax under
two law, which are explained a. follows
.'tnd,r the permanent income tax law
(acI OF September ;, 1870, the rates pre-
yalling IN $40 will continue III effect ion
1917, and subsequent year.. The specific
exemption allowed n single person under
tins Law II $4,000. and a married person or
head of Il family $1,000. III the person max
lng the return T. the head of a family, addI-
tiUnal exemption may be claimed OF 500
Tor each child dependent upon such per
son. II under Il year, of age. or If inca
pablo oi -elt-9upport because physically or
mentally defective. The last mentioned
provision. however. will operate only IN the
case of one parent IN the same family.
I'm addition ~ the tax imposed by the
law mentioned above. the act of congress
approved October 3, 1917. provides add
tional normal income tax of - per cent
and additional super tax beginning with IN
comes oi $1,000 or more, n shown by the
enclosed schedule Of rates. Under this law
an cxcmvtion IL only @l0uU will be allowed
single persons, and $1,000 will he allowed
married persons or hcad- ~ tannlic-.
Every single person whose net income
during Tie calendar year 1917. and each
subsequent calendar year, J. $1,000 or
more will ~ required to render u return
L. the collector of internal revenue and pay
tax Al the rate provided upon that portion
of such net income which exceeds $1,000.
Every married person, or head Of y
family whose net income during the cal
cndar year 1917. and each subsequent cal
cndar year. j. 5000 or more will he re-
pulrcd 10 render q return and pay tax upon
that portion of such net income which cX-