WASHINGTON
FISH AND
OYSTER CO.
PORT WILLIAMS,
ALASKA
Cold Storage
Frozen Bait - Ice
Total freezing
capacity 20 tons
daily
FLY WITH
ALASKA
AIRLINES
★
FOR
INFORMATION
SEE
Agent
RAY MARTIN
THE
Victory
A) Miller, Owner
Income Tax Changes Are
Made; Steps Explained
Taxpayers are reminded, that
unless they have already filed an
estimated income tax return this
year, one is due to be filed on or
before December 15,1944 if the
following conditions are met;
A declaration must be made
by every citizen or resident of
the United States who, if—
1. Single, or married but not
living with spouse (whether or
not head of a family), expects to
receive in 1944—
(a) more than $2,700 of wages
subject to withholding; or
(b) more than $100 of income
from all other sources, provided
his total income is expected to
amount to $500 or more.
2. Married and living with
spouse, expects to receive in
1944, either alone or together
with his spouse—
(a) more than $3,500 of wages
subject to withholding; or
(b) more than $100 of income
from all other souices, provided
—their total combined income
is expected to amount to $1,200
or more; or
his total separate income is
expected to amount to more
than $624.
If an estimated income tax re
turn has previously beeD filed
and the taxpayer now finds that
he under-estimated his tax by
more than 20 per cent, an a
mended return may be filed be
fore December 15th. and adjust
ment made of the amount of tax
due. If there is very little or no
change over the amount origin
ally estimated nothing more
need be done at this time, ex
cept to make the payments due
as shown on the original filing.
After the close of the year and
before March 15, 1945 every in
dividual who made $500 or more
during 1944 must file a Final In
come tax return and take credit
against the tax due thereon for
all income tax withheld from
wages and any amounts paid on
an estimated return. Any tax
owing over and above these cred
it*, will, of course, have to be
paid by March 15, 1945.
Taxpayers are also reminded
at this time that if they elected
to postpone the portion of tax
allowable on their 1943 return,
that amount postponed must
also be paid by Marcn idmi. i uc
Revenue Act of 1944, recently
enacted into law, has made a
change in the personal exemp
tion for married people and cred
it for dependents. Under the
new law, every individual is en
titled to an exemption of $500.
Thus a married couple filing a
joint return would be entitled to
$1000 personal exemption in
stead of the $1200 as was allow
ed last year. An additional
credit of $500 is allowed for each
dependent.
Another change effected by
the new law requires minors who
made $500 or more to file their
own income tax returns, rather
than allow their earning to be
included with those of the par
ents. The minor is required to
pay his own tax but the parents
become liable for the tax due ]
should the minor fail to pay. In
most instances, the amount of
tax withheld from the salary will
cover the amount of tax due in
the case of minor children Nat
urally, the parents will not be
allowed credit for a dependent
where the minor is charged with
filing his own return.
Any person, adult or minor,
who has earned less than $500
and has had tax withheld from
his or her wages must file a re
turn in order to receive a refund
of the amount of tax withheld
A. Verle Collar, deputy col
lector of internal revenue, will
be in Kodiak until about Oct.,
27, and will gladly assist anyone
needing help with their returns
or advise regarding them. Since
the Revenue Act of 1944 has
been passed earlier this year
| than in previous years, the new
forms should be available to the
public soon after the first of the
year.
Student Leaves
Irene Galvin, daughter of Mrs.
Sophia Hovey of this city, left
this week via Alaska Steamship
on her way to Indianapolis to
make her home. Her classmates
of the local kindergarten class,
accompanied by their teacher,
Miss Bertha Thompson, went to
the dock in a body to see Irene
off.
KNUDSFN'S KODIAK FOUNTAIN
ICE CREAM j
By the Dish or Gallon f
SANDWICHES
SODAS POP WAFFLES |
MAGAZINES - ALASKA VIEWS
IVORY PARKAS MUKLUKS |
I NOVELTIES - PILLOW CASES j
MUSICAL POWDER BOXES |
and a lot of other items useful and decorative
5 ■—H 5
1 KODIAK FOUNTAIN 1
“d^Cext to the Largest Store in Town’
5
$
5
BOOKS
Just received 650 new books
Fiction, Biographies, Non-fiition, Alaska
30 Days to a More Powerful Vocabulary
Born in Battle: 200,000 Mile Bombing Odywey
I Got a Country: 3 Soldiers in Alaska
Ted Malone Scrapbooks and Volume Five
Friend Flieka and Thunderhead
Hotel Berlin and an Apple for Eve
Dorothy Parker: Edition of Poems and Stoiias
A Tree Grows In Brooklyn
Blessed are the Meek: About St. Franeia of Anisi
Presidential Agent: by Upton Sinclair
Watching the World: by Raymond Clapper
Peter Domanig: A Morning in Vienna
A Man’s Reach: A legislating pioneer
Freedom Road: a novel by Howard Fast
A Bell for Adano: The Americans in Italy
Album of American History: a nice gift for home
America and Two Wars; Short History
The Razors Edge: by Somerset Maugham
The Apostle: Life of St. Paul
Bert’s Drug Store
"On Kodiak’s Busy Corner”
JpSMMnui
$ 63 more
g Shopping
g days’till
s Xmas
SOK&gMiS
Headquarters for Colognes fL Perfumes
I
Pinch's J ewelry Stow
*'Shop Early for Christmas'
Engagement Diamond Rings
Birthstone Rings
Army and Navy Rings
Ladies’ and Men’s Wedding Ring Sets
Children Rings
Men’s and Ladie’s Watches
Men’s Gold and Sterling Stretch Bands
Ladies’ Gold Stretch Bands
Army and Navy Identification Bands
Water Proof W’atches — 17 Jewel $44.00 inc. Uj
Delta Pearls
Ladies’ Precious Stone Lockets
Luggage
' Parker Pens
Kay-Woodie Pipes
Lektrolite Lighters
Genuine Meerschaum Pipes
^MUSICAL INSTRUMENTS
GUITARS BAN JDS UKES
TRUMPETS CLARINETS
(One Only) 12D BASS ACCDRDIOI
VIDLINS Sc ACCESSORIES
MUSICAL BOOKS & STRINGS
SOUVENIRS TO SEND NOUi
Ladies, children & infants moccasi
Army and Navy Pillow Tops
Head scarfs-Bridge cloths-Tea apro
Alaska tablecloths & napkins
8HOPPI NG
HOURS: 12 TO
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