The Archive · 1915

American Income Tax

SOME POINTS IN THE NEW FORMS

By an advertisement the News,"" American citizens are notified that the method of __returning annual nett income of individuals has been revised, and that the new form may be had on application to the office of the Consul-General.

The law providing for American citizens to pay income tax was passed in 1013, and this is the first full year in which it has been in operation, The declarations have to reach the Home gov-jemment before March 1.

The form is very similar to the previous one, practically the only points on which it differs being that regarding exemptions and the questions which have to be answered. The paragraph relating to exemptions states An. unmarried individual, or married dividual not living with' husband or wife, shall be allowed an exemption of 33,00. When husband and wife live together they shall be allowed jointly total exemption of only $4,000 on their regale income, ither husband may make, sign, and verify a return Of their joint' income, Where husband und wife Rave separate incomes they may Mane & joint return of such separate in both subscribing to the return, oF separate returns of their respective incomes, but in no case ball they claim or be allowed more than 24,000 exemption on their aggregate incones, The return has to be made by every citizen of the United States, whether residing at home or abroad, and by every person residing in' the United States, though not a citizen, having a nett income of $3,000, or over, for the taxable year. It has also to be made by ident alien deriving any nett income from property owned and business, trade, or profession carried on in the United States, by him. No specific exempt tion is allowed non-resident aliens. were very fine. It was also delightful again to hear the "Rondo Capriccioso," piece of Mendelssohn at his most captivating. too often neglected nowadays. Mme. Thue, who is in splendid voice this winter, was quite at her best. It was specially interesting to hear Professor Buck's setting of "Sweet and Low" for harp accompaniment, to which instrument both music and sentiment are well fitted. Mr.

Morscher, as always, both in ae companiment and solo work, proved himself a thorough artist. and re-derived a warm welcome, In conclusion a word of farewell and many good wishes may be offered to Mrs. Powell. She has played no incon. spicuous part in the musical life of

Text read from the printed page and cleaned; old type leaves the occasional error.

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