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Show , INCOME TAX IX NUTSHELL Who Single persons who had net income of $1,000 or more or gross v. income of. $5,000 or more, and married mar-ried couples who had net income o . . $2,000 or more or gross income of $5,000 or more must file returns. When The filing period is from January 1 to March 15 1924. Where Collector of internal revenue rev-enue for the district in which thu person lives or has his principal place of business How Instructions on Form 1040 A and Form 1040; also the law and regulati ms. What Four per cent normal tax on the first $4,000 of net income in excess of the personal exemption and credits for dependents. Eight per cent normal tax on balance of net incomes over $6,000 for the year 1923. |