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Show MUST FILE RETURN ON S5000 INCOME A new feature of the law relative to Income taxe Is that It requires every persona having a gross income of $a00o or more to flic a return regardless regard-less of the net Income. This announcement wan mado thLs morning bp John W. Hoove, divisional deputy In chargo of tho local Intcral revenue department with offices In the ftdernl building. Ilscuslog tho new law. he said: Traveling salesmen, railroad em-ployes em-ployes and others will be pleased to learn that the new act provides for the ullowuncc as a deduction of the entire n mount expended for meals and lodgings while away from home or on buslne-;. "The exemption to married men 1 increased from JL'OOO to S600 and for dependents from Jzoo to $-400 each. The law, however, rtill requires that married persons with a ne.t income of J20U0 or more and single persons with a net lncomo of flOoO or more must file a return. "Porto 1040-A for individuals having hav-ing a net Income of less than $5000 may be obtained at the local office. The other forms havo not as yet ur-i ur-i Ived and an soon as they do tho public pub-lic will be notified." |