OCR Text |
Show YOUR INCOME TAX No. 3 If you 'are single and support in your home one or more persons closely close-ly related to you and over whom you exercise family control, you are the head of a family and entitled under the revenue act of 1924 to the same personal exemption allowed a married person, $2,500. In addition, a taxpayer tax-payer is entitled to a credit of $400 for each person dependent upon him for chief support, if such person is either under IS years of age or incapable inca-pable of self-support because mentally ment-ally or physically defective. Such dependent de-pendent need not be a member of the taxpayer's household. For example, an unmarried son who supports in his home an aged mother is entitled to an exemption of $2,500 plus the $400 credit for a dependent, a total of $2,900. If from choice the mother moth-er lives in another city, the son, although al-though her chief support, would be entitled' only to the $1,000 exception, plus the $400 credit. The mother not living with him, he is not considered consid-ered the head of a family. An exception as the head of a family fam-ily can be claimed by only one member mem-ber of a household. The $400 credit does not apply to the wife or husband of a taxpayer, though one may be totally dependent upon the other. |