The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1867-03-29
The inanma Tax.

Ths following is the form Of making in
come returns for 1866, uader the new law.
The reader will see at glance the char
ofthe articles to be returned upon, and the
deductions to lie made:
@RETURss.
/. From the profits iu any trade, business
or vocation from which income is actually
derived, or any interest therein wherever
carried on.
a. From the pay ment Of debts, in former
year considered lost, and which have not
paid a previous income tax.
3. From rents.
4 From Farming operations-Amount of
live stock sold; amount of agricultural pro-
ducts sold. sf 3
5. from profits realized by the sale Of real
estate purchased since December 81, 1868
l97s6.=From the interest on any bonds or other
evidences of Indebtedness of any railroad,
canal, turnpike, canal navigation, or slack
water company; or interest or dividends on
stock, capital or deposit in any bank, trust
company, savings institution, insurance,
railroad, canal, turnpike, canal navigation or
slackwater company.
I. From dividends Of any incorporated
company other than those above mentioned.
s. From gains and profits Of any incorpor-
ated company not divided.
9. From interest on notes, bonds OF other
securities of the United States. ..-t
TO- From the interest on notes, bonds,
mortgages, or securities other than those en-
numerated above. -,.7.
IL. From any salary other than as ,,au
officer or employee of the United States
II. From any salary OF pay as an officer or
employee of the United States.
l3. From the profits on tie sales of gold or
stocks whenever purchased.
Ii. From all sources not enumerated
above.
Gross income.
DEDUCTIONS.
!. Exempt by law, $1,000.
9. National, State, county and municipal
taxes paid within the year.
3. Losses actually sustained during the
year from shipwreck, or incurred in trade,
and not already deducted in ascertaining
profits.
4. Losses on sales of real estate purchased
since December 81, 1863
5. Amount paid for hired labor to cultivate
land from which income is derived.
6. Amount paid for the live stock which
was sold within the year.
I. Amount actually paid for rent of home
stead
8. Amount paid for.usual or ordinary re-
pairs, excluding payment for new buildings,
permanent improvements or betterments,
3. Interest paid out or falling due within
the year.
10 Salary or pay as an officer or employee Of
the United States, from which tax has been
withheld. ~
IL. Interest or dividends from corporations
enumerated above in paragraph 6.
Taxable income.
Amount of tax at per cent.
oARRrAeEs, GOLF WATCHES. BILLIARD TABLES,
GOLD AND slLvEE PLATE.
(Sched,ele A-Section 100, act June 80, 1864,
as Amended July Is, 1861
TAXABLE PROPERTY.
Carriage, phaeton, carryall, rockaway,
or other like carriages, and any coach, hack
ney coach, omnibus, or four-whesled car
riage, the body of which rests upon springs
Of any description, which is kept for use,
for hire, or for passengers, and which is not
used exclusively in husbandry or in the
transportation of merchandise, valued at ex-
eeeding $500 and not exceeding $500 in
cludiDg harness used Herewith sc 90 and
Carriages Of like description valued at above
S500$1O0O
Gold watches, composed wholly or in part Of
gold or gilt, kept for use, valued at S10o or
lessS1 90
Gold watches, composed wholly or in part Of
gold or gilt, kept for use, valued at above
800 $500
Billiard tables kept for use, and not subject
to special tax $1,000
Or. plate of gold, kept for use, Per ounce
troy.50
Or. plate of silver, kept for use, per ounce
troy, exceeding forty ounces, used by one
family,05c c