The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1865-05-13

OF IowA.-MT. PLEASANT, HENRY COUN.
TT, May 10, 1S65.-DcGY lSir You VIII
be very careful to see that there is no per.
son liable to any tao omitted, even II your
list should be delayed. And you will also
watch close all returns, and see that the
law is not evaded. When such is the case
the penalty will be enforced, :here is no
discretion with the officers. The law re.
nuires the assessment OF farmers on tie
stock and produce sold during the gear with
out regard to the year when produced.
IT, person had 81, 600 worth of grain rails.
tax thereon last year, if sold any time in
1884 for 81, 500, the whole amount is taxed ;
also for all stock sold in 1864, il owned pri-
or to June lst, 1861; but if stock was pur-
chased any time in 1865 and sold The same
year, the profits only are assessed. This
same rule applies to real estate purchased
and sold in the year.
Stock that die during the year cannot te
deducted from income; neither can re-
pairs be allowed if made by the person
claiming, or any member of the family
n,i2,fr.
The only bred labor to be deducted is
that actually paid for in nancy, 70 VINCE
may be added for subsistence II tie rate ol
300 per annum.
When an allowance is made Tor hired "a
Dor you viii be careful that the same Is
In cases where men exchange work, no
allowance from income can be made. AL
sums received for services Of any member
of the family that is q MINOR must be re-
turned as income as we'll as all gifts, Sc.
The assessment Of income in all cases
must be made at the currency value, hence
all coupons on u. S. securities FOR coin,
must be returned at the currency value for
which sold. if no. sold at the currency val
ne, Dec. 3lst, 1864.
| Rents and interest accruIng up TO zee.
81 1864, whether collected or not (if collect
able) must be returned as income.
Inkstimating the amount OF farm pro-
duce consumed by the family, and stock
ono. used in carrying On the farm for
pleasure) you will not include an estimate
on work horses, cattle and mich COWS OF
cattle for the produce consumed, as fol-
lows, viz:
Horses and colts, So GO pc. bead; young
cattle, IS 90; hogs, 81 20. TO add for eact
member o; the family over II years Sou
and for those under II years, and over S
$50. 1.-THE family have not produced eth
| er their flour or their meat on the farm
the aggregate amount estimated for sub
sistanee, and deduct the same from the
estimates for produce consumed. Neither
will the estimate be made for produce con.
sumed by stock when the person purchas'
ed the same 20 feed.
! The Rental value Of the homestead, i
owned by the husband or wife or Other
persons can no; be deducted from Income
In assessing the salary Of persons IN The
military, navy or civil service al the Unit
ed States. you will observe that they have
paid only three (3} per cen:. tax on the ex
cess OF $50 per month FOR the six months
ending June 3Oih, 1864, you Will therefor,
make An additional assess NeE. Of two e
per cent. thereon.
Income from salary ard dividends o
Banks &c must be accounted for in the az
gre2ate with other sources OF income.
This will, il some cases, cause the incom,
Of person 10 exceed $500, on the excess o
which the tax will be at the rate Of ten pc
cant. Such portion, however, of such sal
AIRY or dividend Will be credited for ,h'
amount Of tax actually paid.
Where the income OF person exceed
S. OU0, you will deduct 5000 as exempt h.,
law, and assess 81 400 a. tive per cent, ant
the excess over the So coo 4. ten per cent.
\ All returns OF income must De made il
detail, and not in the aggregate. None 9th
era will be received.
Finally. be vigilant, and see that the rev
enIe Of The government. is not def-audet
bv false and erroneous returns.
/ II is the duty OF all persons to report a
the office OF the Assistant Assessor, VIII,
will decide, after investigation, as to tn
liability for income tax.
Yours, truly, NJ. PICKEL,
Assessor lst District, Iowa.
I s. +. TAYLOR, Assistan: Assessor, Burling
Il Iowa