The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-02-19
INCOME TAX
IN NUTSHELL

WHOs Single persons who had
net income Of $1,000 or more,
or gross income OF 5000 or
more. Married couples who had
net income Of $1,000 or more, or
gross income Of 5000 or more.
WHEN? March Is, 1879, Is final
date for filing returns and max
ing first payments.
WHERE? Collector OF Internal
revenue for the district In which
the person lives, or has his prin-
cipal place Of business.
Howl Four per cent normal tax
on taxable income up to $4,OOO
In excess Of exemption. Eight
per cent normal tax on balance
Of taxable income. SurtaI from
per cent to IS per cent on net
incomes over $1,000 for the year
1921.
Income Tax Facts.
The equirement to file an incom,
tax return is based on a persons
status, marital and otherwise, or
the last day OF the taxable year
December 81, 1s21-ir the return 1,
filed on a calendar year basis. II
on that day a person was single OF
married and not living with hus
band or wife, return is required
II the net income for 1921 wal
81 900 or more, or II the gross in.
come was 5000 or more. If mar
ried and living with husband OF
wife on that date, a return is re
quired IL the net income was ~ ,00t
or more, or If the gross income wal
IS 900 or more. Widows, widowerf
and persons divorced from husband
or wife, or separated by mutual
agreement are classed as single
persons.
A married couple living together
is entitled to an exemption of 81, SOC
or $4,000, according to whether their
net income was $1,000 or less or more
than $1,000, even though the wed
ding may have taken place on De
cember 80. The bride and groow
however, must file return II the
combined net income OF both dur
ing the year equaled or exceeded
" 900, or II the combined gross in
come equaled or exceeded $1,000
They may have known one another.
only a few weeks before the cero
mony, but their status on December
81 joins them for a full year for in.
come tax purposes. Either separate
or joint return may be filed.
Widows and WidOwers.
A widow or widower Is not 70
quired to show on an individual
return the income of husband OF
wife who died during the year UT
to the date of death. The income
of a deceased person is considered
separately with respect to the filine
of a return by an executor or ad
ministrator. The deceased is en-
titled to exemption for the full year
based upon his status at the time
OF death.
A single person who Is the head
Of a family is entitled to an ex.
emption Of 81 900 or $4,000, accord
ing to the amount OF his net In
come, II on December 81 he wa
supporting in one household one OF
more relatives. II. however, the
support Of such relatives ceased
during the year he is allowed an
exemption of only 81 900. The same
rule applies with respect to de
pendents, a person dependent upon
the taxpayer for chief support and
uiiuci SIbhltcI ytdiS VI age, VI
incapable OF self-support because
mentally or physically defective
If such dependency ceased prior to
December 81. 1921, the $500 eI.
emption for dependents does not
apply. Boys and girls who became
self-supporting during the year, and
whose parents do not or may not
appropriate their earnings. form .
new class Of taxpayers. Each, II
single, must file a return II the
net income for 1921 was 81 900 or
more. or v the gross income was
IS 900 or more.