Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-04-13
DAILY LEADER.
THE IKCOHE TAX.
The New Form Of Returns.

i
A few copies Of the amended form Of
returns for the Income tax have been pub.
lished, but no sufficient supply for general
distribution among taxpayers. We give
below the material parts of the blank forms,
which set forth q long array Of questions
requiring answers.
The detailed statements of the form are
comprised under sixteen heads, covering
all sources Of income or profit for the year
ending December 81, 1864. The following
| questions are TO be asked by the assess =
Had your wife any income last year?
Did any minor child Of yours receive any
salary lsst year
Have you included in this return the
income Of your wife, and salary received
by minor children
Have you any stocks, and what are they7
Is gour report made on the basis Of
goldf
Have you bought or sold stocks or other
property
Have you any United Ststes securities?
Do you return the premium on gold paid
you IS interest on United States securi-
ties?
Have you any book sccount7
Is your income estimated or taken from
your book?
Have not the expenses, ETC., claimed as
deductions, already been taken out of the
amount reported as profits?
Did you estimate any portion of your
profits IN making your returns for The year
1868
Was anyportion stated as worthless, and,
If since paid, have you included it in this
return?
All incomes of 1864 less than FIVE thou
sand dollars are subject to fire per cent
tax; over five thousand dollars, ten per cent.
The blanks must be filed and returned 70
the assessor by the lst of May. Personal
service of the blanks is not necessary the
assessors duty requiring him only TO
make public announcement in snewspsper |
of his county.
Deductions are perm itted as follows:
l. Exempt by law, 5000.
2. All National, State and Local taxes |
paid within the year (which includes the |
deduction of the income taxes sctually paid
in 1864
5. Losses on GALES ofresl estate purchased
within the yesr.
A. Interest paid out or falling due within
the year.
5. Amount actually paid for rent of
homestead, store, or shop.
6. lnsursnces, repairs, fuel consumed in
carrying on business, wages of employees,
and interest on membranes.
All carriages were taxed from 81 up TO
SlO; gold watches 81 each, if worth less
han one hundred dollars; pianos, 81;
yachts from S. to 500; private billiard
.ables, $40; gold plate so cents per ounce
Troy, and silver plate cents.
The tables in the blank forms are veIv
Elaborate, but the foregoing are the princi-
Dsl points
livery person failing to make returns by
he 10Th Of May next, will be liable to be
ssessed by the assistant assessor according
o the best information he can obtain; and
u such case the assistant assessor will add
twenty-five per cent. 10 the amount of the
AK.
In case any person shall deliver TO sn
SCISSOR any false or fraudulent list or state
nent, with intent to defeat or evsde the
sluation or enumeration required by law,
be assistant assessor will add one hundred
er cent. to such dutyi and insuch case the G
ct will be made out by the assessor or as
stsnt assessor, aud from the valuation and
so made there can be no ap-
esl. +
The assessment list, when completed, a
ill Re returned to the Collector, who will Z
dvertise in some public newspaper pub
shed in each county within the district j
if any there be- and by written OF printed s
Offices, TO be posted up in at least four
laces within each assessment district that
le said duties have become due and psya-
lei and state The time and place within 4
I'D county at which he will attend TO re-
i've the same; and TO any sum unpaid af-
T the 30th day Of June, and for ten days
ter demand there will be an addition of
n per cent, ss penalty for such neglect.
Guardians and trustees, whether such
uktees are 80 by virtue of their Office as \
-ecuior, administrator, or other fduciary I
'pscity, are required 10 make returns Of
le income belonging TO minors or other 9
srsons for whom they act IS guardians or
ustees, and the income tax will be assess- o
upon the amount returned after deduct
G such sums as are exempted by law
divided that the exemption of six hum
ed dollars shall not be allowed on &C }
unit Of any minor or other beneficiary of
trust, except upon the statement of the
lsrdisn or trustee, made under oath, that 8
g minor or beneficiary has no other in
me from which the said amount of SIX
lndred dollars may be exempted and de-
lcted. .
The document contains some tkbles for
e in the conversion of Avoirdupois and :
roy weight. {