Word: parentes
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Dates: during 1950-1959
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...many years an iron bound internal revenue clause has stated that a parent would lose a $600 dependency exemption on any of his children who earned over $600 in a year. For those in the higher income brackets this could be a sizable figure. But the law hurt perhaps most deeply those in the lower income strata whose children really did have to work their ways through college...
There are several rules and conditions surrounding this right. The dependent child either must be under 19 years old or else must attend school during some part of at least five monts during the tax year. Most important, a very definite "iron-clad" rule says that a parent must still pay half of Junior's expenses to claim him as a dependent. This provision is almost tissue-paper thin. Half of Junior's expenses to claim him as a dependent. This provision is almost tissue-paper thin...
...parent's right to claim his child as a dependent is still tightly bound by important restrictions...
...most important and perhaps most misunderstood restriction says that a parent must still pay half of a child's support in order to have the right to count him as a dependent and use him as an exemption. At first glance this might seem that Dad has to at least match whatever Junior earns. This is not the case...
After three weeks of instruction, Filler thought he had enough. But Parson Perry was adamant, and Parent Filler made arrangements to have Christine baptized in the neighboring parish of St. John's. "I think the Church of England must be in a very bad way to revert to forced religion," he said. "It's blackmail...