OCR Text |
Show 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 18 years of age or incapable in-capable of self-support because mentally men-tally or physically defective. Such dependant need not be a member of the tax payer's household. For example ex-ample an unmarried son who supports in his home an aged mother is entitled en-titled to an exemption of $2,5000 plus the $400 credit for a dependant, a total of $2,900. If from choice the mother lived in another city, the son, : althongh her chief support, would be ! entitled only to the $1,000 exemption, exemp-tion, plus the $400 credit. If the mother not living with him, he is not considered the head of a family. An exemption as the head of a family can be claimed by only one (member of the household. The $100 credit docs not auuly to the wife or husband of a taxpayer though one may be totally dependant upon the other. |