Show ADVOCATE BEGINS SEMES SEWS ON INCOME TAX lecent LegiS legislation lati reduces rates 25 on earned ea ned income benefit bet set forth in articles 07 single a who had bad net income of 1 00 pr or more or gme gross income of mu me 0 and mar ried couples who had bad net labome of 2500 or mord or gross income 0 5 POO or more must file returns THEN the filing ceriol ii Is from january 1 to march 15 16 1921 7 RE collector of internal revenue for the district la in which the breon ahee or ha fins hie his principal olace of business LOW instruct on sMi and ani form 1040 ayo MAO tho aw and regulation regulations 7 two per tent ent normal tax on the first of net income in is ex cess of the personal ant credits pour ekr ceat normal tax on ou the tile next 1000 six per cent tent normal tax on the he balance of net in it come surtax on net income in ex a cens of JID c I 1 YOUR INCOME TAX no 1 e your income tax for the year 1924 is fee as in proportion to your income than 01 fas an the tax for 1023 A rato reduction t however is not the only benefit afford b d by the revenue act of 1924 1024 in rease in fhe lie exemption for married u 9 ie rone a 21 2 per tent reduction on 10 earned learned income and other changes e n revenue legislation legli lation are til immediate terest to every taxpayer the revenue act of 2924 requires IN hat at returns baffled filed led by every single X ereon hose net antome for 1924 wae was IN 1000 or more or whose gross income as or morel and und by every mar led ed couple whose aggregate net income it TU its 2500 or awe or whoa whose aggregate froia osip income was or more laet last benr ear returns were require I 1 of married imp P couples whose aggregate wt net income abir as VI or mom husband aad ad wife 4 iving ving together may do the income at jf f e eich teli in a ongle joint return or each lay ay file a separate parate ec return thawing showing the come of each net income is gross come lesa less certain specified one ons for business ex neuses losses bad eft et ett the PI P I d for filing ia in fran druary I 1 to march IS 15 ID 15 the re brn r N accompanied by at leitia one courtl urt L of at the anost of tax luo aue anast e filed with the collector of ante internal nal avenue venue for the district in bilth w hah the payer laa has hia his legal residence ir tr 9 hie his principal place of business bu inea C 11 String hain liani wah a business viel vial or r of salt like and manti last week erined homo home wednesday evening |