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Show t 1 INCOME TAX IN A ? NUTSHELL WHO? Single persons who had net income of $1500 or . more or gross income of $5,- 000 or more, and married couples who had net income of $3,500 or more or gross ! 4 A 5 income of $5,000 or more .j. must file returns. WHEN? The filing: period t ends March 15th, 1926. I WHERE? Collector of intern- al revenue for the district in which the person lives or a has his principal place of i ; business. I ! HOW? Instructions on form : 10-10A and 1040; also the : law and regulations. ! WHAT? One and one-half per cent normal tax on the first a $4,000 in excess of the per- sonal exemptions and credits. Three per cent ncmal tax on 4 I the next $4,000. Five per cent ! normal tax on the balance of ! ;. net income. Surtax on net .j. : income in excess of $10,000. 'f : : : : : |