Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-03-02
500 EXEMPTION ALLOWED
For EACH DIcI,ENDENE

INC tax rate Tor most individuals IL
9 per cent. For "a single person this Is
imposed on the difference between the
total nc; income for the year and
) 900. III" so-calicd exemption amount.
For "a married man. or for the Head OF u
family. the exemption Is $4,000 and the
y per cent tax is imposed Oh the differ
"ncc between that and the total IN
come. There is provision for an addi-
or other dependent person under cigh-
teen years OF age or Incapable OF s"ii-
one child or an aged parent would have
an exemption OF $1,000 and would pay
on the difference between this aud his
net income. n man with two children
would have AN exemption OF $1,000;
three children. $4,000 and so on
To illustrate the calculation OF tax.
a single man with net Income last
year OF 5000 viii DC taxed $50: In
come of $4,000, tax $40: income or
$1,000. tax $3.50: income $1,000 tax $40.
4 married man without children and
with An income OF $500 last year Will
pay a tax OF $40. income $4,000, tax
$50: income of $1,000. tax $i20: income
OF $1,000, tax $3.50.
The regular or normal tax is . per
cent on Incomes Of more than $4,000 in,
case Of unmarried persons ana more
than $4,000 Ia the case Of married per
sons without children. In other words.
the tax ts doubled on incomes Of 81
900 more than the specific exemption.
In addition, so-calicd surfaces su1erim-
posed OH the regular or normal tax are
5000, the additional rate being ! per
cent for the iirs; $1,000 above that sum.
-: per cent for the neN, 5000. per
cent for the ncNt -. 600 and per cent
increase for each additional! 5000.
Both tho - per cent rate and tho SUR
taxes may bc ignored by persons with
incomes OF less than $4,000.
ALI. MUST PAY At LEAST
OSE-FOIRTH BI MARCH II
After the tax is figured. person
must count at least on paying one
fourth OF the sum by March -. The
second instaIlment OF onc-fourth liz due
June Ii: the third quarter. September
] =. ana the last nstallment. December
J :. Penalties are provided for failure
10 nle on time or 10 pay the tax prompt
l., and tax officials welcome returns and
payments before March H. Payment
in fun by March - also Will be VOL
coined on the ground that the govern
mcnt needs the money.
\ husband and wife whose conbincd
nc, income for 1918 amounted TO So
600 or more must hle a return either
turns are MED. either may claim the
personal exemption OF $4,000, or this
exemption may he divided. Earnings
Of dependent children must h" 'nc!ud,
ed as part OF the income of the head
of the family. II an unmarried person
supports either partially or wholly.
parent or some other relative or friend.
not living in the same household. this
persons Is not considered the head az
a family and is therefore entitled only
to tho $1,000 exemption. IT the parent
is wholly dependent. however. and lives
in tho taxpayers household. this makes
the unmarried person the head Of the
family"
II, because OF the special exemptions
for children and dependents or because
Of the exemption OF soldiers and sail
ors pay, an unmarried persons income
Of more than $1,000 or a married per
sons income OF more than $4,000 is
found not to be taxable. this condition
does no: free the individual from filing
a return. Thus many persons, who DO
not have 10 pay tax must file re-
turns.
y head OF a family Is described Off
Cially as "A person who supports one
or more persons closely connected
with him by blood relationship. rela-
;ionship by marriage or by adoption"
SALARIES OF SOLDIERS
AND SAILORS EXEMPT
The compensation in 1918 of a man
in the military or naval service. either
as All enlisted man or an officer. is
wholly exempt from taxation. provided
this did not exceed $500. Income Of
soldiers or sailors from private sources