Ogden Standard-Examiner | 1927-01-21 | Page 4 | Your Income Tax

Your Yo U r Income Tax NO r S The Th revenue act ot of o 1926 pro pro- provides pro provide vides vide that If Ie the of a 8 taxpayer taxpayer er or changes chances during the tho year ear his personal exemption shall hall be de determined by apportionment In ac- ac accordance accordance e with th the number or of months the th he taxpayer was as single married or the th head of a family The act of 1924 contains a similar provision For example a couple married on July 31 21 1326 1 2 and living to- to to-Cether to gather on December 31 1928 1926 ma may tile a a joint return and claim an ex- ex exemption exemption ex exemption emption of That Is soy soy- er en twelfths of ot 1500 for the hus- hus husband husband hus husband band while single or 01 plus twelfth twelfths seven ot or 1500 for tor the wife ite while sincle single plus plu n twelfths five fUe e ot of ilSOO or 01 33 for the during which they were married It If separate parate returns return are arc made mado hus- hus husband hus husband band and wife may each claim a personal exemption of ot The husband huband is l I entitled to seven seyen- twelfth twelfths of 1500 or 1175 U 15 for tor the period during which he h was single And one half of five or of or for th period 4 which h he h was married The wife Is entitled to similar tieng In ca care e separate returns are flied filed the joint exemption ot of for the th period during which they were married may be betaken betaken betaken taken either cither by husband or wife or divided between them A person who on July 31 ceased being tho the head of or a II the family family support In one household of a rela- rela relative rela relative tive live or relatives relative being belne Is i Is entitled to an exemption cf 2666 which Is seven twelfths seven twelfths of plus five twelfths of 1500 I With regard to the 1400 credit for each dependent the taxpayers taxpayer's I status as U of ot the th last day of the taxable year determines this credit credit t if r during the th year hl his hili support of such uch dependent ceased cc ed he h Is not entitled to this credit 00