Your Income Tax Exemptions Primer
Washington notes how to claim exemptions on the 1950 tax return. Each exemption deducts 600 dollars. filers may claim 600 for themselves, plus 600 more if age 65 or blind before year end. Spouses may qualify for exemptions based on income and joint filing. dependents limited to close relatives resident in the US or Canada. unborn or deceased dependents may still qualify for partial exemptions.
MENTIONED IN THIS ARTICLE
Washington
Daughene Ot
United States
Canada
Mexico
Europe
Stuaur
Merl Young and the President Kinship Questioned
A New York business feature profiles Merl Young and his brother Herschel claiming ties to President Truman. It traces Merl’s career from Jericho Springs to Washington, noting roles in the RFC and Lustron project funding, with questions about kinship and influence.
MENTIONED IN THIS ARTICLE
New York
Young Brothers
Mr. Truman
Martha Young
Merl Young
White House
Merle
Inington
Jericho Springs
Truman
Young
Washington
General Accounting Office
Marines
RFC
Lustron
Young Bobbed
Tax filing note on age 65 and deduction reminder
A brief notice states that a 65 year old individual is allowed to file the return personally and adds a reminder to watch deductions tomorrow with a sharp eye on the deduction.
Inspector’s note on income and business earnings
The text references F. L. Jacobs and a statement by Young who, now in Washington in the insurance business, estimated a 1950 income of $60,000 a year. A senate committee found that the business had not earned enough gross revenue to cover expenses.
MENTIONED IN THIS ARTICLE
F. L. Jacobs
RFC
Young
Washington
Senate
Also Mentioned on This Page
By James Marlow
Zemo
Leslie Gould
Missouri
Sanitary Seafood Market
East Washington and
Fourth Sts
FON Meaet
Dor
Wilt Chacotetes
Coun Sao Heart
Jenny
Reg
U. S. Pat
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!