The Palatka news and advertiser. [volume] (Palatka, Fla.) 1908-19??, 1914-01-16

s300g -icn husband and wife live to-
gether they shall be allowed Jointly to-
| tai exemption of only $1,000 on their ag-
| gresate income. They may make joint
return. both subscribing thereto. or. IL
| they have separate incomes. they may
| make separate returns. but in no case
! shall they Jointly claim more than $4,000
exemption of their aggregate income
20 In computing net incomes there shall
be excluded the compensation Of all OIL
| GERS and employees of state or any po-
| litical subdivision thereof, except when
| such compensation is paid by the United
| States government
The blank spaces to he filled IN form
lGl0 cover three pages. The spaces on
| the first page of form 1910 are to be
filled only after entries have been
! made on the other two pages. but this
| is because the first page is sum
| mary Of totals on the other pages and
| based upon the calculations that must
be made in filling out the other pages
The second page of form 1910 is ar
| ranged 50 ms to aid the individual in
making return of his gross income"
Description of Income.
The individuals income is to be de-
scriDed as follows:
Total amount derived from salaries,
wages or compensation for personal serv-
ice of whatever kind and in whatever
form paid
= Total amount derived from prores-
sions. vocations, businesses. trade, com
merCe or sales or dealings in property.
whether real or personal growing out of
the ownership or use of or interest in real
or personal property. including bonds.
stocks. etc
Total amount derived from rents and
from interest on notes. mortgages and Sc
curitics tother than reported on lines 8
and -
4. Total amount of gains and profits de-
rived from partnership business. whether
the same be divided and distributed or
not
g. Total amount of fixed and determih-
able annual gains. profits and income de-
rived from interest upon bonds and mort
cages or deeds of trust or other similar
obligations of corporations. joint stock
companies or associations and insurance
companies, whether payable annually OF
at shorter or longer periods.
8. Total amount of income derived from
coupons, checks or bills of exchange fol
or in payment of interest upon bonds is
sued in foreign countries and upon for
eign mortgages or like obligations mot
payable in the United States) and also
from coupons. checks or bills of exchange
for or in payment Of any dividends upon
the stock or interest upon the obligations
of foreign corporations. associations and
insurance companies engaged In business
in foreign countries
I Total amount of income received from
fiduciaries
s, Total amount of income derived from
any source whatever not specified or en-
tered elsewhere on this page.
All of the above income that may
Rave been deducted and withheld at
the source is to be itemiZed in one col
umn. and all of the above on which
the tax has not been withheld at the
source is to be shown in separate
parallel column. The aggregate OF
these columns must be added to the
total amount of income derived from
dividends on the stock or from net
earnings of corporations, joint stock
companies. associations or insurance
companies subject to the tax, and the
result will be designated as the total
gross income"
The third page of the blank form
is arranged SO as to indicate the "gen.
eral deductions" to be allowed to the
individual