New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-13

pavs nnd@r nrotost the fact viii be recorded and
will be just as effective as the verbose prlh'eu pro-
tests"
COLLECTORS WILL NOT CALL.
A number of letteys have been received by the
Collector OF the IIId District from merchants VINO
say that they wish 10 comply with the lA"' oul
will not call at the Collectors office IAey want
the Collector to call or send deputy 10 thcF
places of business where they wish to Ill out the
blanks and where the Collector or his deputy may
examine their books. ITO all writers Of letters OF
that kind. said Mr. Cross Il haVc ca nh'T Tbrse
that neither nor my deputy VIII Cai H. hef oT
people will have make their returns on or before
april 3D. the same anne dS thSV Fail to do So the Col
lector Will the tax against tnem ana aa tne
assessment shall notify them Of the assessment
and shall fix day and hour when they may , ap,
near before me TO show cause why the penalty
Should not be assessed and as there may be nun
dreds of such cases Of delinquency the people may
csses heard If they should not be present when
their is called the Se9 Know wo this said
Mir Crosse land what they may expect II their
Edward G. Jones. Of Edward c. Jones & Co.. No
50 BROADWAY asked for receipt for the statement
ceint was refused. but Mr.. Crosse, when spoken to
on the subject by Tribune reporter, SAID there
would be no trouDe on 40 not see how any can be
icst-and the who made the return can prov prov.
tha9uFn wa ,eg made oHt and presented We would Prob
ably allow him t. make d uup'0''e "'"o"' '''''N'
ing the penalty.
,,o,,. business men who live out of the city, but
ro tn rho city every day have gone to the office OF
Collector Sullivan, at No ia Nassau-st, TO get
blanks for returns which they VIII senG 10 other
collectors The appeals for information on various
nolnts in the Income Tax law continue 10 give
much trouble TO the collectors and their deputies Al
though such questions have been answered many
t,roas IN the newspapers. persons continue TO ask
Il they must make returns when their incomes are
between 50 800 and $1,000 or when their incomes are
less than 5000 after deductng the income from
rents and income from bonds. one reader or Inc
Tribune wrote Yesterday to ask il the law demands
the making of a return when the entire income Is
from real estate Collector Sullivans answer in all
such cases is that every person having al income
NJ more than S. Jlo Is bound by the law to make n
return but that no tax can be imposed IL the IN
come is less than 5000 after all the deductions are
made. OF course no penalty can be imposed Tor
failure to make return If a person has an income OF
less than s4oOo for the penalty provided by law Is
an addition to the amount Of the tax. but persons
will save trouble by making the returns when they
have incomes of more than $3.50. one reader OF
The Tribune yesterday sent the following
An authorized deduction from the taxable income
posing the tax 10 be continued during the present
year If | should buy real estate, giving bona ana
mortgage In part or whole payment Tor the sane.
my taxable income above 5000. VIII not IN" de
duction OF this interest be allowable unccr the law
and oxemp; entirely from payment Of any tax?
! am in addition TO other forms OF wealth, large
rgs' ,axahe. is sioooc My interest on indebted
secured on my real estete Is >g.VD' my ~,
come from other sources investments 9l Vatt2uS
kinds is about the same say. $500" against which
| offset interest paid or falling due within the year
and nothing remains liable TO tax. II ! am correct
although | enjoy comfortable net income OF VIZ
nropertv is or can readily be- placed in this con
dition. in preparation for future return. should
and in strict accordance with the law escape any
nayment whatever. As the law strictly prohibits