The Weekly Perrysburg journal. [volume] (Perrysburg, O. [Ohio]) 1861-1???, 1867-04-26

TO make return tor him. But where any
other guardian or trustee has been ap-
pointed, the return should be made 10y the
latter. If the minor has no guardian or
trustee. he should make return himself Ii
he refuse or neglect, an independent as
sessmcut must be made as in other cases,
emitting penalty.
10. For the purposes OF exemption OF
one thousand dollars, husband aud wife are
to be regarded as members of the same fam
ily, though living separate, unless separated
10y divorce or other operation of law, so rs
to break up the family relation. MiuOr chill
drcu aud their parents should be counted
members of the same family, whether liv-
ing together or not.
16. If taxpayer has minor child in the
service or the government receiving a sal
ary, such parent should include in his in.
come return so much of the salary of the
child as is not subject to salary tax
II. Rent of q homestead actually paid
may DO deducted, but the rental value OF
property owned by the taxpayer is not n
subject of deduction (; but whcro the tax
payer rents a furnished house. that portion
OF the rent paid in consideration of the use
OF the furniture should not be allowed
as deduction.
Any person claiming a deduction on ac.
couut of expense for room rent must satisfy
the ass essol that the room or rooms occu-
pied NY him constitute his home, and that
he has no residence elsewhere. and this
being shown, he may be allowed to deduct
what he actually pays for rent Of such
rooms, but nothing can be allowed for rent
of furniture or care of rooms. When rent
is included ami deducted as an expense
of husincss, il must not be again deducted
as rent, nor should person hiring house
aud sue-lettiug portion OF it be allowed
to deduct more than the excess of his pay
mrnts over his receipts.
Is Marriage fees, gifts from members of
cougreg alton to their pastor, &c, are tax
able as income when the gifts or donations
are in the nature of compensation for
services rendered. whether in accordance
with an understanding to that effect at the
time of settlement, OF with an annual
custom.
10. Gifts of money, when clearly not in
the nature otpayment for services rendered,
or other valuable consideration, are not
liable to taxation as income. Amounts re-
ceived on lito insurance policies and dam
ages recovered in actions OF tort are exempt
from income tax.
20. Lawyers ard physicians may return
either the actual fees received during the
year, W .thout regard TO the time Nlcn they
accrued, or the amounts due to the business
OF the year. But when the taxpayer has
! heretofore adopted one method, he cannot
now be allowed to make use OF the other,
q. II the manufacturer or dealer has
been in the practice of estimating his aunu-
al profits by taking inventories OF stock, he
should take the cost valuo of such stock,
] l., l,, I'll IL -,
making previous returns. Whichever
method has been adopted by the taxpayer
should be adhered to uniformly.
%. II interest accrued during the year
on notes, bonds, &C., is good anl collect
able at the end OF the year, il should be
returned as income whether actually col
lected or not.
% The fact that income is devoted to
the payment of debts does not release the
same from liability to income tax.
81. lfan inventor sell his invention at
once for gross sum, he should return as
income the whole amount, less the expenses
actually incurred in perfecting the inven
tion, or in procuring a patent right. But
no allowance can he made for the labor or
personal expenses of the inventor, II he
sell only q portion of his right during the
ONul, 40 may bCuASl liNlOA 'lCluNN
amount of such expense.
n. Wherever the salary or pay received
by any person in government employ does
not exceed the rate Of 81 900 per AMMAN
or is made mp of fees, or is urcertlin OF
irregular in the amount or time, and has
not therefore been subjected 10 salary tax,
il should be included with other taxable
income. Where such salary exceeds the
rate of 81 900 per annum, the amount OF
salary from which the tax has been de-
ducted may be deducted from the gross
income.
26. Incomes of persons who died after
December 81 are taxable, and should be
Irtturued bv executors or administrators
and also all income which accrued in 1866
to persons who died within that year. In.
come which accrued from the estates OF
such persons in 1866 after the dare OF
decease should he returned by the heirs or
other persons who received the Leneft OF
the same.
27. Residents should make return in the
district where they reside al the time of
making return. The residence required
under section ll6 for the purpose OF taxing
income is held to be residence during the
year for which income is derived II
any person subject to income tax resides
abroad his return should be made in tho
district where he last resided.
2S. Citzcus of the United states residing
abroad are subject TO tax upon their entire
incomes from all sources whateVeri aud
the same is true of Foreigners residing III
this country.
30. The law provides that like tax shall
be levied, collected and paid upon the
gains, profits and income OF every business,
trade or profession carried min the United
States by persons residing without the
United States and not citizens thereof.
30. A lease for years or for life is per
sonal estate, aud any profits on the sale Of
such lease are taxable as income for the
year OF sale.
81. Where any portion Of a legacy has
been transferred by the executor to the
legatee, so that the executor in his capacity
Of guardian or trustee has ne lOuger any
control of the profits arising from such
LEGACY, the return of such profits as income
must he required of the legatee.
32. The payment Of legacy or snccesson
tax on the bequestOf an annuity does not
relieve the annuitant from liability to in
come tax on his annuity.
33. Assessors should be careful not to
allow the deduction Of amounts claimed
have been lost in business when in reality
they should be regarded as investments or
expenditures, as when merchants expend
money in farming or gardening for rccrea-
Ttion or adornmeut rather than pecuuiary
profit.
"a. Whenever script dividends are re-
turnable as income they should be returned