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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 21, 1934
Page
10
A special wireless code is compiled for use at sea to obtain help for illness treatment from medical men on other ships. The United States Navy has seven 10 000 ton cruisers while Romania is noted for having more gypsies than any other country.
This third article in a series by Seidman and Seidman explains income tax return requirements. It notes that any individual with gross income of 5 000 or more must file, and that even with lower gross income a return is required if net income reaches 1 000 or more for unmarried individuals.
The article outlines exemption rules based on status: single $1000, head of family $2500, married joint filing $2500 total to be split, with pro rata adjustments for mid year changes. Corporations get none, partnerships pass exemptions to partners, estates and trusts receive single exemptions. It ends noting further details on dependents to come.
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