Decatur Daily Democrat, Volume 23, Number 10, Decatur, Adams County, 12 January 1925 — Page 3

fl ■ u cfiDMAH.C ?A. EDITOR'S NOTE H, .i« the second <- f “ S " IM ” f >.„* to prepare Income 0,1 .>, a t will appear regular rnisn th>- Committee of |,luCt ' n ‘dm- ”* >,t ‘ n I|p ** a ■^ 8 " , P . b ‘ lX(l ,. ft :Ul ,| h;i , wl -|t Hti'l-s on luxation will ll!l ,|l "" A ' V •" ,l ~ dirtily io him u '* Su< I> questions should ■ to this publication, ad- ■ lh p Tax Editor. To re--«1 ' n , u communications K- ' I! '“ ±lt the writer. Mr. ■ulO' w ,r however, when fc'-'l but reveal the identity the inquirer. Hi the i-r-vlous article there was ■ L,d the -lass of persons subH. 3 the income tax law. It was BrL pointed out that all persons Ko .vine under the law do not Kesurily have to file returns, but th- requirements aS to filing rear(. . ..x.-re.l a distinct set of tho explanation of these that will form the basis of this .nv.dtial is concern- ■, . -mont< are based upon M [( ~f his in. otne. in the first , dl> . v-ry individual that has a H ~|.e or over must fl |r .: r'. irn I’ ”>l<l he noted that lr r- . idement >s a $ >.OOO gross infl )3 ..e, not ne’ income. It may be fl |a , , r , ; r ,dn Id has no net income, H r „ ’other band, has actually fl a m-t 1. Yet if his gross fl 1,..."!- i> fib" 1 " ' • over, he must file return. By gross income is meant the toh income from salaries. professions, fl .i:’-:-—’. rent, dividends, fl I, -ring the dedtlcfl l!H cih.w.-d I.V law. The gross infl D , . is determined fl , item ll'.C -'.des. the I OSt Isl t -J.. ~ ■hi. giving the gross M| i The r.omt to )■•■ borne in ni nd |fl t that : is not the sales that defl trniit.e gro»- income from a bias.f gross ■B rotit. ■■ The .;-;est -loss in.-line will in more detail in a subMr-: Wb...’ should lie here |^B e ' r '"' 1 •■**•« ■' ,l ’at all individuals Sflt -of ss.i'Uti must file a return. The rule is also laid down that. Bflrresiio'iye of the amount of the it. onio, if the net income of M .-ii.ile per--a .<I.OOO o r over, he file a return. X’o mention is k 8..- 3 any age limitation so an infant is required to file a ■Mr* uni if li.- has a net income of his nt JI,OOu or over, or a gross inof ss,(mil or over. Where the t is unable to make his own reit must be filed by his guard|fl- "am .ith.-r p. rson charged with <-ar.-. j.-,. r practical purposes, it |B..n therefore be said that the parmust file the return for a minor Bhild wh.. j s unable to file his own fll 11 is noteworthy. in this connecEH' :: that returns are not required of unless they have income on |Beir own account from their own The earnings from services a child below statutory age, howlegally belongs to the parents inust be reported in the parBfnis' returns, unless the minor has |Bhi. what is technically called, etn•netpated. This, too, will be more BB U y in a subsequent arK ' ■ So far as a married man is conM'tmeit. if his net income is $2,500 or he must file a return, even wtgn his gross income is less than ThiS provision changes the HB dW I ' at when 1923 returns fl7, Under that law ' a reflira K be maile if the net income of arried individual was $2,000 or KcrL. diff ° rence >n the laws is Ht'emn, 6 ' f ° r by the chan Ke in the Hal, P T> n an ° Wed marri ed individB „ P" S wiH be explained in the Braho r utn another faCt ° r tQ consldfl.itis T) e returns of married per■he ri.u lu,,ban(l and wife have Bums in’ 1 1° fi ' e either se P ar ate re■<l «(,, hlCh their income is stat■hieh h a e,y ; or joint ret -ns in B P .‘ r IDcomes are combined. and whr” 1 ” ‘° a j ° iDt ■ Will be J. h se Parate returns, B>r the SUbJeCt ot particu ' I rver it S St a later time - «owI ‘he hu.k P^ rtinent here to note that Satinet in n c , a * ld WisC ’ though tw ° ■mm fo‘ Dd,vld « al s. are as I Aether a P PUrpose of determining Bother tUrn muat be filed. In | in «>ne tt o 0 Uh if h th K combined «ross I' 3 *, a jl, d and wife ls be m T ° r separate return | true wi, Wed- The same result Is I Con '« in s’so? eir C ° mbined net iai B«X «T;, ,he ■" Br ••«» H • udtviduals are concerned. H *

I Now. as <o th** other taxpayers. Al < though partnerships, as such, are not subject to tax betause they are not regarded at an entity distinct from the partners who make up the part ner-hlp, every partnership is requir cd to file a return showing Its in nunc and to whom that Income i. distributable. The partnership return Is really in the nature of an information return, and supplies the gov ernm>-nt will* the basis for auditing j the partners’ individual returns, with respect to their Income from the partnership. Every corpora t ion (except thomthat are exempt, such as charitable institutions, etc.) must make a return, regardless of the amount of either the gross or the net income. In other words, all corporations that are subject to tli/v Income tax law must file a return, even though they med not In fact pay any tux. Estates and trusts are regarded somewhat as single individuals and must tile a return if their gross income is $5,000 or over, or their net 1 income is SI,OOO or over. J In addition to these returns there may he other supplementary returns, sometimes called information returns. . that have to he filed. For instance, employers are required to file returns showing all the employees- to whom they paid SI,OOO or over dur ing the year. The requirements as to these, however, may best be con1 siderrd as another time. In the next article the subject of ' credits and exemptions will be considered, and also the requirements as to the place and the time for filing returns. > | - Questions and Answers Q.—About one year ago two of my ’ brothers who were in the sheep business were forced to sell and did not realize sufficient to meet their obligations. I had loaned them about $2,- ’ 000 to try and tide them over. 1 have ' not. and will not receive anything on this loan. Please advise me whethI er or not this is a legitimate deduction to make on my income tax re. i turns.- C. F. D. j A. —If the $2,000 that you advanced was a pure loan and did not have the element .of a gift, the loss is deductible by you. t MAKES REPORT » ON ATTENDHICE • Attendance In County Schools In December Shows Improvement t Attendance in the public schools of ( Adams county was better during the month of December than it has been , any previous month during the present school, year according to a re- . port on attendance compiled in the j office of County Superintendent E. tS. Christen. No reports were made .by several of the schools* for the . month of December, however. Fol- ! lowing is Mr. Christen's report on the attendance for December, the figure . before the teacher’s name being the f number of the district, the first i figures after the taechers name being 1 the per cent, of attendance, and the i second set of figures after the teach- - er's name being the average daily ati tendance. Union Township t (Rudolph Weiland, Trustee) 1. 110 C. Johnson, no report. > 2. May Jewell Falk, no report. 3. Marie M. Brodbeck, 97; 28. 6. Xariffa B. Walters, 94; 30. Parochial—G. J. Schmidt. 95; 56. Root Township 1 (A. J. Lewton. Trustee) 1 1. Gladys S. Crow-nover, 9T; 22. 5 2. Lois Fuhrman, 99; 15. ' 6. Root Township High School, 1 Paul Grahaim and Liona L. [ Leach, 97; 27. Mary Kenny, 98; 24. Dora Marie Magley, 95; 25. ’ 7-8 Florence Rice, 97; 11. Oscaar Fuelling. 98; 11. ( Parochial-Paul Dorn, (no report.) ; treble Township , (August Scheumann. Trustee) 4. Ella Worthman, 93; 23. 5. Edward F. .Taberg. 99; 18. j 6. Milton C. Werling, (no report.) ( Frances Borne, (no report.) Parochial-H. F. Neilson, (no re- . J port). j Parochial-Rudolph Stolph. (no re- , ’ Port). l‘ J Parochial-A. W. Rosgman, (no re- . Port). j i; Parochial-Ida Gunsett, (no report,) ( i Kirkland Township : (W. H. Dettinger, Trustee) j i 1, R. M. Houck, 98; 30. 5 i 2. Emma Dettinger, 90; 23. i 3. Mildred McCray. 96; 32. 4. Vernon Arnold, (no report.) ( 1 5. Catherine R. Ernst, (no report). , 6. Reatrice Dettinger, 93; 40. j Central High School i C. O. Johnson. F. M |Hull, Lois Byerly and Louise Hastings, ” I

DECATUR DAIUY DEMOCRAT MONDAY. JANUARY 12. 1925.

97 2; C7 Washington Township tQle.n Cowan, Trustee) Kathryn Dorwin, 95; 30 6. Vera ov«ii, tn» repori ) G Nellln McGath, 93; :•&. Mary Thotnmi, 98; 18. • 7. Thelma Rurkhoad, 96; 24. 8. Albert Copix9s; 24. Parochial Mrs. Dorothy Meyers, 95; 18. St. Mary's Township (Mrn. S It Flowen, Trusti-e) Pleasant Mills High School. E V. Ehirrlinir, L. Wi-omr. and Madge Stucky, 93; 45. H. M. (Towpver, 90; 22. Bernice Masters, 96; 21. Flossie Everett, 95; 35. Lelah Steele, (no report.) P.oho School. 97; 9. Jerome Morrison, 98; 25. Bessie Carter, 98; 25. Della Ixmgenberger, 9C; 30. Blue Creek Township (11. L. Sipe, Trustee) I. Catherine Frave), (no report). 2. Iva I*. King, 96; 25. 3. Dan O. Roop, (no report). 4. Russel Steiner, 96; 2". 5. Wildns Vtnjee, 97; 28. 6 Eldon Sprfaiger, 96; 30. 7. Chahner Edwards, 97; 24. Monroe Township (Vance Mattax, Trustee) 1. Dennis Moser, 88; 15. 2. Josephine Heffner, 97: 20. 3. Don Essex. 96; 34. 1. Sylvester Everhart, 97; 28. *• ■5. Electa Oliver, 97; 24. 6. Gertrude Sprungnr, 96; 21. 7. itay Duff, 96; 21. ’ Cora Ilabegger, (no report.) 8. Esta Fleming, ( no report). Helen Cilliom, (no report). 9. Ezra Snyder, 9.8; 30. 10. Monroe Schools Clifton Striker, II 1.. Grid. r. Iva Gliint and Velma Hilyaid, 97; :,3. Mary McCullough, 99; 14. Harvey Haggard, 99; 31. Ruth Gilbert, (no report).Parochial J. D. Schwartz and D. T1 Mazelin. 99; 60. French Township (Martin Moesehherger, Trustee) 1. G. O. Runyon, (no report). 2. Louis Ililty. 67; 29. •'?. Veda Andrews, 97; 19. 4. Arvilla E. Sprunger, (no report). 15. Robert Meyer. 94; 25 6. Lydia Boeger, 95; «g. Hartford Township) (D. A. Studler. Trustee) 2. Linn Giove School Victor Eicher. 98; 21. Letter Reynolds. 96; 21. Leora M. Fusey, 98; 29. Wilma F. Spiehger, 97; 26. 7. W. O Shoemaker, 96; 23. Central School A. B. Oswalt, Chas. Kizer, Ester Monroe and Geraldine Baker. 97; si Clyde Romey, 99; 39, June Steiner, 97; 5. Mary Schlagenhauf, 96; 19. Wabash Township (J. F. Felty. Trustee) 1. Andrew (\ Cook. 97; 21. Gladys Long, (no report). 2. Alva I’ensiermaker, 97; 4] 3. Helen Atz, 99; 18. 4. Mildred Wood. 97; 21. Ada Hall, 97; 21. 6. James E. Mann, (no report). 1. Dorothy- Sprunger, 98; 11. 11. C. F. Fink, 90; 36. . Township (J. M. Bollenbacher, Trustee) Central School. R H. Glenn. Mary Godfrey. ( has. Reed and A. J. Bliss, 9659. Amos Ketchum, 95; 37. Jesse W. Snyder, 97; 35. Helen Kenney 96; 43. Madeline Robin. 98; 40 * ****••*»•♦..♦ * AUCTION SCHOOL NEWS * ‘ -by- * * “Bob” C. Smith . The students of the Reppert School of Auctioneering sold cakes, candies and clothing Saturday at auction for the Missionary Society. Col. Reppert is always ready to help anyone with a good cause and bears this out in the classroom to always leave the other fellow under obligation to you. Col Guy Johnson, of Columbus. 0., arrived here Saturday to instruct us in crying bids with speed. Col Johnson has a strong personality and we all like him. Mr. Howard Weishaupt, nationallyknown as “The Pep Man." was welcomed by the auction class Saturday afternoon. Mr. Weishaupt “drove home,” some valuable pointers in a very short time regarding salesmanship. and some principals necessary in order to obtain success. For the benefit of those who did not get to hear Mr. Weishaupt I will list some of the pointers in part as follows: “Get up in the morning, when you wake up. and wake up when you get

up" ’’When you get up smile.” ’ Say something pleasant to the first ones you meet ” When you go down town rpeal; to those you meet in 3 jolly way." "Radiate otljer--Influence them to think your own way." We are exceptionally fortunate in having the opportunity of hearing Mr Weishaupt, and I know people of Decatur are proud of him for he i-t a pro duct of this community. Our denr old daddy friend Col. iTcscoti, left Saturday f<u tils head quarters In Denver. Colo. Col. IT< < <>; t is nol only a good judge ot livestock, but bo Instilled honesty into us and said it is absolutely necessary in order to become a leading auctioneer. Uncle John Ix>than, left Thursday. All of us enjoyed the lectures giv< n by him for he is a man that "knows his berries” through actual experience. —f) -- — I'rank Dry Goods Store \t Fort Wayne Burns Fort Wayne, .J m. 12.-Fire, believed to have started in a stock of cotton hattjng in the basement, swept through three stories of the Ftai’l. Dry Goods company store, 730 Cal-

I THE CORT } LAST TIME TONIGHT S “THE LAST MAN ON EARTH” | ■S A VVm. Foy Special, with iS An All-Star Cast. A fantasGc novel!' wiih one thousand beautiful girls assembled from aii parts of the world. £& ALSO—Another Jack Dempsey feature. y ICc 25c fe TOMORROW ‘i I’IVOLOI'S SAL” SI NDAY C.ol'ci n Moore in “SO Bit ” 15 .'lAc if Q b

'Kill I -''T!v > ■•<.-.•,BW*P_«W« -.- itrßi— FWIWnT r "" > The Announcer At W If ~ could help us greatly tonight F by putting on the air the news of /f \ wit 89 Beautiful SUUS Z: t M L.il\ Z we are s ‘— tomorrow at 'IO D ‘ x&O/ 1-z race I As pretty as a picture inside out and the greatS es t Suit value exploited in Decatur this season. • r -> MW . - >- ». -/ -.«,■ /8 V ’ ■•>?*<■ ?V® : WUTNO I ONGER! WEAR -/-'- J F '■■ ’J,/ ?•• -S S 3 ONE TOMORROW! Wr< Al ! Boys Overcoats Eovs Mackinaws $15.00 values to go at... 511.75 $7.50 values to go at $5.95 vwVS''a' « $13.50 values to go at... 510.75 $9.50 values to go at $7.50 t' if $12.50 values to go at.... $8.95 $11.50 values to go at.... $9.00 WrW w&l A® s 'l ' 1 I Woolen Hose, Sweaters £\ Flannel Shirts,* Odd Pants 1-4 ' j " 1 Hats and Caps Off _ TSS Childs Knit Jersey Suits ; • xaW’n--alAv v - - .._. .. j John T. Myers Co. K 8«F «

houn street and 114 West Parry,; street. Sunday morning, eausint damage estimated al S3OO,ObC. Origin of the file was unknown last nlirht FlTtm- n declared it tart-p ed on the Rtit 'treet -ide in the, basement, that it biirned : fierce! I>cfore discoverysi bnt :t <ctloii <>f (ho floor caved in. and (hat 110- I’.im>"; then jumped from om- <u(tiit<-r of , mrrrhandi»■ i<> nnmher rtiiil ii | caughl in a tairwt" near the center; of the Store 'the stairway is believed to have acted an .1 flue carrying the tire rap idly to the > econd floor, win re ii again spread In a few -e<unds over the counters covered with merchandise until th<- second stairway was reached, thence to the third floor. The building bousing the store is constructed in the shape of a "T.” The main pari, a three story bi i , structure 30 fer-t wide, extends from 1 Calhoun street straight back to the alley in the roar. The construction of the Berry street entrance Ijvns a combination of a part of the tbps'story Gust Rainis building and 1 re- > I cently erected one-story building. The firn is said to have tarted in - the basement of Un- Rahms building - at a place where cotton batting, 11 nd I in mak ti'x bed comforts, was stored. The fire alarm was turned in at. - 9:30 in the morning and four minutes

ilator Fire Chief John fltnhlhn' turned in a general alarm. The chief exI pressed the belief that the fire had i burned an hour before thd alarm was 'turned in o— — YPOMAN LODCF HDTirr ■ ■ There will he drill practice tonight >and tho drill master will bo pleased j io have every member of the leant |

S ji florsheim|| r'\ JU— / I I ! / SALE / Any man who has worn a ? SI pair of Florsheims knows * how much real worth you ; L x-w can b u Y at $8.85 during ’j j this sale. Florsheim Shoes are nOt S °ld 2t an y Ot^er time at such a low figure. v This sate includes all Flor- f I chcitn shoes —also cushion soles —and all oxf-jr Is. I Elzey Shoe Store ■——»i»e» 1 1 -eon— m, —eww—ww—e»—■» —wi a-M bm——

present as well no all othcrv who are not In the team A good time is assured for al) ' i ToNsiuns Apply thickly over throat-— I covet with hot Hermel— VICKS ▼ VARORUB Owf 17 Milhuti Jan Ua+J l9Ofly