The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1914-01-16

year IN which such debts were charged
Off as worthless.
Is Amounts due or accrued to the indi-
viduai members OF a partnership from the
net earnings of the partnership, whether
apportioned and distributed not, shall
he included in the annual return of the
Individual
Is The United States pensions shall be
included income.
L. Estimated advance in value of real
estate is not required to be reported as
income unless the increased value is taken
Zip on the books of the individual as an in
crease of assets.
lS Costs of suits and other legal pro-
ceedings arising from ordinary business
may be treated as expense of such
business and may be deducted from gross
income for the year in which such costs
were paid
1aA An unmarried individual mar
ried\ individual not living with wife or
husband shall be allowed an exemption or
S. Ooo7 When husband and wife live to-
gether they shall be allowed Jointly to-
tai exemption of only $4,000 on their ag-
gregate 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 clajm more than $1,000
exemption of their aggregate income.
90 In computing net incomes there shall
be excluded the compensation of all Off
GERS and employees of a state or any POI
litical subdivision thereof. except when
such compensation Is paid by the United
States government.
The blank spaces to be filed in form
1910 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 4 sum-
mary of totals on the other pages and
based upon the calculations that must
he made in filing out the other pages.
The second page Of form 1910 is ar
ranged so as 10 aid the individual in
making return Of his gross income"
Description of Income.
| The individuals income is to be de-
scribed as follows:
l. Total amount derived from salaries,
wages or compensation for personal serv-
ice OF whatever kind and in whatever
form paid
= Total amount derived from profess
sions, vocations, businesses. trades COM
,ncrce or sales or dealings in property.
whether real or personal. growing out OF
the ownership or use of or interest i'll real
or personal property, including bonds,
stocks. etc
g. Total amount derived from rents and
from interest on notes. mortgages and Sc
curities (other than reported on lines 5
and : >.
g. Total amount of gains ana profits de-
rived from partnership business, whether
the same be divided and distributed or
not
s. Total amount of fixed and determn-
able annual gains. profits and income de
- syat l.
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 lonscr periods.
6 Total amount of income derived from
/ coupons checks or bills of exchange foi
or in payment Of interest upon bonds is
sued in foreign countries and upon for
oign mortgages or like obligations tnot
payable in the United States1, and als'
from coupons. checks or bills of exchange
for or in payment Of any dividends upoi
the stock or interest upon the obligations
Of foreign corporations. associations ans
insurance companies engaged in business
in foreign countries.
: Total amount Of income received from
fiduciaries.
, 5. Total amount Of income derived from
any source whatever not specified or Ell
tered elsewhere on this page,
have been deducted and withheld a
I the source is TO be itemiZed in one col
umn, and all Of the above ON which
: the tax has not been withheld at TIL
source is to be shown in n separate
parallel column. The aggregate 0
these columns must be added TO tn
, total amount of income derived from
5 dividends on the stock or from ne
n earnings of corporations, joint stocI
! companies, associations or insuranc
: companies subject TO the tax. and tn
e result will be designated as the ''tota
h gross income"
+. The third page of the blank forr
/ is arranged so as TO indicate the ger
+ cral deductions" to be allowed to tn
: individual.