The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-05-09

How Incomes are to be Estimated
INSTRUCTIONS TO ASSISTANT AS
SCISSORS.
AS the Assistant Assessors are nov
engaged in making theirannualassess
ments on incomes and licenses under
the provisions of the Internal Revenue
Law, all classes of our citizens should
endea4orlto make themselves familiar
with the requirements of the law in or
der that they may be enabled to MAXI
their returns promptly and as correctly
as possible. If this were done the as
SCISSORS would be relieved of much un'
necessary labor, and the tax-payer'
themselves escape the annoyanees IL
which, through ignorance they are FIRE.
quently subjected. The following are
the instructions which have been given
to the assistant assessors in regard tc
incomes, and in order that our readers
may be fully apprised Of whatis actu'
ally required, we reproduce these in.
structions entire. Is I'm =sa
l. Farmers will not be required tC
make returns of produce consumed IN
their rownimmediate families. ~
2. The farmers'S profits from sales oi
live stock are to be found bysdeductlng
from the gross receipts for animals sold
the purchase money paid for the same.
If animals have been lost during the
year by death or robbery, the purchase
money paid for such animals may be
deducted from the gross income OF the
8! No deduction can be made by the
farmer for the value of services render
ed by his minor children, whether he
actually pays for such services or not,
If his adult children work for him, and
receive compensation for their laoor,
they are to be regarded ns other rhired
laborers in determining his income.
4. Money paid for labor, except such
as is used or employed in domestic ser
vice, or in the production of articles
consumed inthe family of the producer,
may be deducted.
S. No deduction can be made in any
case for the cost of unproductiVe LABOR
Ii house, e,serVants are employed a por-
tion of the time in productive labor,
such as the making of butter and
cheese for sale, a proportionate amount
of the wages paid them may be de-
Quoted.
q. Expenses for ditchingand clearing
new land are plainly expenses for
permanent improvements, and not de-
ductible.
Z. The whole amount expended for
fertilizers applied during the year to the
farmers lands may be deducted, but no
deductionis allowed for fertilizers pro-
I.duced on the farm. The cost of seed
purchased for sowing or planting may
be deducted.
n rs A1 16 fFf1IN Et n V1FV
the profits are to be ascertained by es-
timating thevalue of the land aftert he
ramoyaIg of the timber, and adding
l-thereto the amount received for the
timber, and from the sum thus obtain
ed deducting the estimated value ofthe
land on the first day of january, 1862
or on the day of purchase, If purchased
since that date.
g.. Where no repairs have been made
by the tax payer upon any building
owned by him during the proceeding
five wears, nothing can be deducted fol-
repairs made during the year for which
the income is estimated. 1,--s T.
10. a farmer should make return Of
all his produce Sott within the year
sale is not sale; delivery, either actual
or constructive, is essential. The crite'
rion bv which to judge whether n sale
is completed or not, Is to- determine
whether the vendor still retains in thai
character right over the property; i
the property We're lost or destroyed
upon which of the parties, in the alb
sence of any other relation between
them than that of vendor and dvendee
would the loss fall.
IL. Tax PAYERS frequently claim de
ductions for losses from depreciation
in the value of stocks or other property
of a like nature. No deduction can in
anYscase he, allowed for depreciat1on o.
value or such property until II IS actu'
allv disposed of and loss realized.
i2. Costs of suits and other legal, pro
ceedfnPs arising from ordinary bust'
ness are to be treated as other expenses
of such business, and may be deducted
from the gross profits thereof.
Is. Money paid for a substitute IN the
army or navy cannot be deducted IRON
| income. Money received by suDstl'
litnfai FOR acting as such must bereturned
by him as income.
Ia. Where physicians are obliged tc
keep a horse for the. ira usacttonlo OF bus
mess, they may deduct SO much of the
expense soincurred as is fairly retera'
BILE to the business done.
Is. Expenses for medical attendance
store bills, &C., are not proper subjects
| for deduction, Expenses OF repairs @
| implements, tools. &c., used in bust
ness may be deducted.
l6. ONLY one deduction of 5000 is al-
lowed from the aggregate incomes otal
the members of any family composed
OF parents and minor children, ever
though one parent only may 6e living
l-It "a not essential that the children live
with the parents. Husband and wife
are regarded as members of the same
| family, tthongh living separately, un
less separated by divorce, or other oper'
alton OF law. such as to break up th'
family relations.
~. If the members of family have
separate incomes, the returns may bt
made separately by the proper parties
and a rafable proportion oEthe 5000 de
Quoted from the incomelofi each. The
snareIit {. as the natural guardian of the
minor child + is req qti red TO make return
for him. .ButWhere any other guardian
| or trustee has been appointeds the re
Eturntshould be made by the latter. Il
1.-THE minor has no guardian or trustee
| he eNsh6nIdsmake retntu 4htmseIt. II h'
trefuse or neglect; an independent as
sessment must be made as in othel
cases, Quitting penalty u ~
If5e1 IS. If, a, Taxpayer. has a mtnorichflC
| In the civil service OF the Government
Ireceiying a salary, such parent shoult
| lfnclude in his income return so!mucl
\ of the salary of his child as, is not sub
| feet To: SALARY tax. ~
10. voluntary contributions to boun
/ ty- funds are not considered fas taxes
and can not be deducted.
In 400TRAnt of z homestead actuallI
paid may be deducted but the renta
Saiue of property owned by the fax
P,bayer is not, q subject of deduction
/ ANY person claiming deduction OF
accotint6of exp pense for farm. rent mus
/ satisfy the assessor that the room o
rooms occupied by him constitute hi