Suburbanite Economist from Chicago, Illinois • Page 11

SOUTHTOWN ECONOMIST, TUESDAY, MARCH 5, 1929 11 U. S. SOLVES INCOME TAX PUZZLES FOR ECONOMIST READERS NEEIY GIVES SECOND SET OF QUERIES Chief Deputy Discusses Various Phases of Problems Confronting Filers the request of i readers who found lirst ol iiiirstloiis ami answers bearing i filling out an.I i nt i i i i tax returns in preparing I heir reports HOT W. r.7th chief lice deputy of the United States Internal Kcvrnuo service, has prepared a second set of and their proper This second deals with the prohleni of possessions and in- rome which are taxable and deductions -w i li are a 1 1 a 1 p. These questions and answers prepared by Mr.

ely. serve of varied i a i a stations, from small earners to persons of a March is the deadline for, the llliiiB of returns. Mr. Xccly's and answers follow: (Question: Are jury fees received from State or Municipal courts tax- a Question: Is the inrome tax paid to the Federal i A Xo. i i i i Arc received for personal injuries taxable? A No.

A received as compensation for i i thro'jg'i accident are not taxable. Question: Are i gambling taxable? Answer: Yes. Jury Fees Included Question: Are fees received courts taxable? nurbcmald for tho care of the clill- i i i the mother is employed, deductible? Answer: No. Tina la a personal Are all dedticll- In the operation of a AiiMvi-r: i ordinary ami s- liusiness cxpcli'-cii a i a .1 deduction. Solves Grocery Problem I am in i Ki'ocr rv I I I iies-, and mi nn nun- is I I I I Arn I required to nle a A If jour i i i i i a i i i a must In; I I I .1 "GIRLS' BURNS SPUR i AGITATION FOR NEW i BARNARD STRUCTURE Ann Huntington Severely Injured When Gas Heater Burns Her Dress i i it from pace 1) i i i i i a Vt'hcn Ii" was crowded i a i i i I I I i i i A I I i.

1 i i i i dollar- 110 to i i i 1 a i i i i i i i i A I I a i rc- I is a i i i a i i i i i If 1 receive a salaiy of and i i amounting to S7.0INMMI. a would my nuii-d in. on r-dit? A i l'ive thousand i i i i i i i jii'i'sunal millions. 11' I i i a s.ilary nt I I I i i i i i i i .1 partners-hip. and I am i I i i on p.nt I I i i i v.

i i i be a i i III. i sdic will probably bo confined to h'T bed for three months. It taiil. Yesterday a committee of the Barnard Parent-Teacher association Inspected the Arlington school building at 110th pi. and Western which is to be replaced by a new structure.

Included in the committee were Mrs. C. n. Zimmerman, president: Mrs. Henry It.

Klekamp. who Is in rharge of the builillng and grounds committee: Mrs. John, Mrs. KUIIK and Walter Hembeck. "The A i school which been condemned for use.

was i years ago. i tho Barnaul a has a einsle tire-escape and nai ASSOCIATED WITH AMBER COMPANY row wooden stairways." I'etitioni have been circulated atnoiiK the residents asking that a new school provided. The petition states that the unit of the building in which classes are held was built in is wornout. dilapidated and a tire iiazard because of the highly inllamrnablc stairways, narrow halls, inadequate exits, poor toilet facilities, insufficient lieatlnK equipment and inadequate class rooms for the J.IK5O children attending the nchool. I At o'clock next Tuesday after- I noon a deleKatlon of approximately Question.

I i married on 1 ti-mber L'l. Jn iJeeembi'r my income -was, I ami a of my i i SVIMI.IMI. Is II m-cex-sary that a return i Answer: No; the exemption would be i My i died on and on Ijeeembcr I a iinmairied. but supporting and a i a i i a home for two miimr i i i i im-oinr- was Am I t' i a return for the. a IJI'JS? A Yes, a return is re'iuned to be i but you may cl'iim the bead of a i and your total i and credit be I.JIH i i i I am .1 married man, but i i i i a i of her health, is i i to i in another state.

She IM i i a ly unable to earn a i i and I I I port her. There is no disagree mi nt between us. AVhat exemption may I claim in my income a Answer: Your exemption be 1 Hi" i i i i i i I I rslnp. A. Union a i A a I p.

i 11 bci-n ill. i i olht of In 1 1 i i i i i admit Mr. and Cmtv ll. nit HOBT. E.

NECLY from the Federal Answer: Yes. Question: Are that are credited not drawn by me salaries or wapes to my account but taxable? Answer: Yes, inasmuch as same was available. Question: Arc losses through bur- glarly or robbery deductible? Answer: Yes, allowable as deductions. ijue.stlon: Are fees paid to an employment agency deductible? Answer: Yes. allowable as a deduction.

Question: Are doctor bills an allowable i Answer: Xo. Question: Arc gratuities and tips taxable? Answer: Yes. but gratuities not In form of money, such as cigars, candy and other presents arc not Income. Auto Tax Deductible Question: Arc automobile licence and vehicle taxes deductible? Answer: Yes. These arc generally regarded as taxes.

Question: la rent paid by me for a Hat which I maintain a deductible item? Answer: No. This is a personal expense. Question: Arc the wagers paid to a domestic servant and the upkeep of a pleasure automobile deductible? Answer: No. These arc considered personal expenses. Question: Arc the wascs paid to a Question: I am married man.

but a not lived i my i i Any part of a exemption may 1 claim in my 1UUS return? Answer: You are considered sin- Kle man and entitled to exemption. Question: My ton. is 17 years of a c. earned MMJI in V.CS all of the; money beiiiK ovr to me. Am I required to include in iny income tax return for ItillS? Answer: Since you appropriati'd the money, you will have to include hame in your return.

Explains Land Difficulty Question: During I purchased a piece of properly and in It developed a there Mas a cloud upon the i which could only be removed through court proceedings. The court costs and attorney's fees amounted to May I deduct same in my income tax return? Answer: No. This is a. capital expenditure and bhould be added to the COM of the property. Question: JUurhiR 15'US, I employed a contractor to build a house.

The nntractor absconded, leavlnp certain for material used In the construction unpaid, and I was required to pay such bills. May I deduct i additional amount paid as a loss? Answer: Xo. The additional amount paid represents a i i a cost of th" building and is deductible as a loss. Question: In real estate mortgage In V.UiH I sold the May I claim the as a Answer: YPI. Question: On February JO.

10:15. I pin chased shares of stock in a corporation for par value 100.00 per share. On December I51. Ji-S the par value of this stock was per share. May I claim the ns a loss? Answer: No.

Loss may not be claimed i you noil your Question: If I sell a piece of real estate and immediately invest the receipts in another piece of like property, am I required to report the sale? Answer: Yes: the profit from this sale is taxable income. Question: If I exchange a piece of real estate for other real estate or HlJc property, and I received no money in the transaction, am I required to report the sale? Answer: Xo. Question: If the city condemns a part of my property for street widening or other purposes, am I required I purchased a bond for ill. some for loss? A mouthful of good sound teeth is a priceless adornment and an assurance of good health. If all your teeth are not sound and as good looking as they can be why not come in and let us examine and fix them for you.

Our work, here at this office, is especially meritorious--recommended by hundreds and our prices arc as pleasing as our work. EXAMINATION FREE BRIDGE WORK now as low as All Extractions Free When Plates Are Ordered S5 Many Southtown people recommend our worh. Atk tit to tell you their namet. 34 YEARS MAKING GOOD PLATES Gold Fillings $2 Gold Crowns Bridge Woik $5 Porcelain Crowns $5 Red Rubber Plates $10 $30 Plates $15 $40 Plates $22 $60 Plates $35 GAS--SPECIALISTS--X-RAY Boston Dentists 63O6 So. Halsted St.

2nd FI. Krcsge Bldfj. Tel. Normal 0071 Main Office Morrison Hotel, Cor. Madison and Clark St4.

soji.iirn in Miami. in I and a i principal, Mrs. ti i to the i in i i that i In-, i I i i i burned b.i from i hips to the I I i I IS Mime parts of it rvon older." Mrs. declared cstcrday the tour of Inspection. "The JJarnanl hchool In even moro (if a fire trap than the Arlington the Board of Education has t-er-n fit to condemn," she added.

"The ISarnard school is throe stories high Toachor association, the Bnerly Commercial association, tho Washington H''lKhts and RldRC Improvement aj-so- clatlon and tho Beverly Woman's clul). will meet with the building and Krounds committee of the. hoard of education and voice Its request for a new building. John II. Rosenberg, for number of years wai associate manager of the City Furniture- tiilnd and Halsted and well i in the i business (n i town, Is now associated with the A ber Furniture company, (11 I I I ri Halsted it was announce! "THE CROSS OF CHRIST," PASTOR'S SERMON TOPIC At morning services in i st.

and Martlitlcld Sunday the Key. Clinton C. Cov, i tor, will siieak on the topic i i Cross of Christ Ours; i I'erpetual but Victorious." At tlie p. m. the nv.

Cov i preach on Hoffman's i i ing, "The Agonv in the Harden AT No Mail, Phone or C. O. D. Orders Right Reserved to Limited Quantities 1 Jf Infants 5 Needs Imants' i Dresses, I 5 for I i Slips, I 5 for Ml Infants' a pillows, I 3 for 01 Infants' a Kubbcr Fan- I tics, 6 I Infants' a Rubber Crib I Sheets, 3 for I Infants' All Wool Hose, 3 pair Infants' a merette I Hose, 6 I Infants' Flannelette Bands, I 5 for Infants' Flannelette Gcr- tf I trudcs, 4 for Infants' Flannelette Sacques, I 4 for I Infants' Flannelette Kimo- I nos, 3 Infants' Flannelette Gowns, I 3 for Infant's a Quilted I Pads, 5 for. Infants' a Plaid Blankets, 4 I SI Becker-Ryan Sec on Infants' Philippine Dress- I cs, a Ml I a Silk Caps Bon- I nets, '2 for.

I Infants' Knit Sweaters, Each. Infants' Knit Bootee Sets, Each. I Infants' a Made Pillow-l slips, 4 for. Infants' i Dresses, 2 Floor COUPON Toy Aeroplane FREE! A wonderful --flies 400 feet! Docs the Im- melmann Barrel Loop, etc. Lots of fun.

Present this coupon and sales checks of $1.00 or more and get one free. (S) THIRD FLOOR COUPON 'Carter's' Women's Union Suits Knit of combed i weight. All first quality. 2 van--Main PI nor Hosiery Newest novelties. Knit of rayon a silk mixed yarns.

"Irregulars" of 50c and 7oc values. 4 Pair Lustrous Rayon Pillows Crescent--Round--Oval Outstanding Values; Each and every one a beauty. Well filled clean, new materials. Trimmed with French flowers and shirring. Your choice, Floor Scarfs library tables, buffets, dining room tables, 1 5 4 5 a 1 8 4 5 4 for Beckcr-Kyan--Second Moor Women's Gloves Soft finished, full Ii chain- oisucdes.

All sizes Jn! new shades of tan. Pair Becker-Ryan--Main Floor Extraordinary Value! Turkish Towels Double thread Terry. Fancy i a jacquard borders. In Blue, Rose, Gold and Ilelio. i 18x30 and 22 x44 inches.

4 for Becker-Ryan--2nd Floor Girls 4 New Wash Dresses a a percales a fancy prints. Large selection of styles. Sizes 7 to 14 years. 2 for Women's New Neckwear a a Bib styles in lace collars and collar a cuff New styles, 2 for Floor Cgclcgr-Ryan---Second I-ioor Cases i ti a genuine cowhide with leather pets, key lock. Jjj a a I buckles.

Tan only, Floor Women's Full Fashioned Silk Hose Chiffon and Service Weights Ultra-smart hosiery at a very low price! Silk to top or with lisle thread garter tops. The season's most popular colors. of a well known brand. Very specially priced! On sale, Boys' Sweaters unpacked! New spring colors and designs. Assorted styles.

On sale at. each Second Floor $1 Men's Athletic Underwear Exceptional a ues! Men's rayon or cotton shirts-also fancy trunks. Samples of up to M. (Kl Choice. 2 for Bfchrr-Ryan--Main Floor Filet Curtains Filet and shadow patterns.

Sold in regular way for as high as 40 i iii'hrs i 2 i and yards long. Karh BerUrr-Rvan--Third Floor Feltoleum Floor Coverings Assorted patterns, high polish finish. In piece np to 12 square yds. Classed as "Imperfections." On Sale 4sq.yds. rtfclifr.Rran--Third Floor Hand Bags O'Rotten--Back Strap PouchfM--Kyle Bottom Pouchet--Long Handle Pouchet --Vagabond and Novelty Stylet a real leathers in various reptile grains.

Black and colors. Floor Boys' Blouses a hs, Madras, Percales. Choose from solid colors, stripes, checks and allo patterns. Sizes up to 15 2 Bechrr-Kyan--becond Hoot Silk Scarfs Just 300 pieces! All smart, new styles. Triangle or oblonjr shapes.

Subject to i to $2.00. On sale while thev last. Decker-Ryan--Main Floor Stair Carpet velvet stair carpet, i many attractive patterns and colorings. Spe- t-inlly priced Wednesday's Felling at. yard Rcckrr-Rvan--Third Floor Luminous Crucifix Throws off luminous light the i 8x15 in.

Special, Floor PAIRS Children's HOSIERY Mill Clearance of Samples--Seconds-Odd Lots Per Pair This sale comes but once a year and represents a southern mill's accumulation of samples, seconds and stock. IMnde to sell up to 50c. What You Will Find --Plain Ribbfd Cotton Hate --Fancy Rayon Plaited Hote --Rayon and Cotton Mixed Hote --Full Ltngth Hote Length Hote These hose arc not up to our regular standard hut they represent real bargains. your lUckrr.Rrin--Main Floor Coverall Aprons Neatly made of fast color KmK- a in percales and prints. 4S to t.

2 for Flo Sweaters Some are all wool, others are of ray- a mixed yarns. Some arc perfect, others arc substandards. 2 Floor Religious Statues Composition Statues; decorated in a a colors: "Little Flow- or," "Sacred Htart." Included arc pome i bases and ruby Choice Floor.