The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-01-14

year In which ctich debts were CHARGED
OF rs worthless,
Is Amounts due or accrued 20 the indi-
vidnal members OF "a partnership from the
net earnings of the partnership, whether
| appofiIoneG ana distributed or not, shall
be included In the annual return OF the
individual
lG The United States pensions shall be
included as income
IA. Estimated advance In VDIue OF real
estate " not required to be reported as
Income unless the Increased value Is taken
UP on the books OF the individual as an la
crease OF assets.
is Costs OF suite and other legai ptb-
ceedingB arising from ordinary business
may be treated as an expense of such
pusineHs ana may be deducted from gross
income for the year In which such costs
were paid
49, An unmarried individual or a mar
rIed individual not living with wife or
husband shall be allowed an exemption OF
| $500. When husband and wife live to-
| eether they shall be allowed Jointly a to-
tai exemption OF only $1,000 on their as
Gregnto income. They may make Joint
return, both subscribing thereto. or, IL
they have separate incomes. they may
make separate returns, but In no case
shnil they Jointly claim more than $1,000
exemption Of their aggregate income.
20. In computing net incomes there shall
be excluded the compensation OF all on
| GERS and employees OF state or any po-
lltIcni subdivision thereof. except wh9n
such compensation IN paid by the United
SteteB government.
Tho blank spaces TO be filled In form
1910 cover three pages. The spaces on
the first page OF form 1910. are TO be
| Oiled only after entries have been
made on the other two pages, but this
is because the first page IS sum.
mary OF totals oil the other pages and
based upon the calculations chat must
| be made I'm filling out the other pages
The second page OF form 1910 Is ar
ranged 50 as 10 aid the individual In
making return OF his gross income
| Description of Income.
The .pdividunl's income IS to b. de
lscribed as follows:
j. Totni amount derived from saiaries,
wages or compensation for personal sery-
Ice OF whatever kind and In whatever
| form paid.
Totnl amount derived from profes'
\ sions. yocations, businesses, trade. com
mercs or sales or dealings in property.
| whether real or peTeonai, growing out OF
the eesnerssi::i> 5T tiEG of intercnt In real
or peracnal property. including bonds.
1 stocks, etc.
4 arcs
| from interest on noteb. mortBagoS and &c.
\ curltics 1otheP than reported on lines
J and ess)
Total amount of gains and profits &c.
sts,ea s-c.-. s;::s...== 1Stsss.
| the anne be divided and distributed o.
1 not
| s. Total amount or fxed and determin.
able a1nuar Rairs. profits and income de-
| rived from interest upon bonds ana mort
saEes nr de- or trust or. other simi.ar
0bligatlc;s of corporations, jolnt stock
cotnpsnies or asa 9ciations and insItasles
Mt shorter or longer periods
81 Total. .afnount OF income derived from
copponR, checks or bills OF exchange foI
or Ia ssassne;..ss s1 ss interest upon bonds Is.
sued IN forelgt countries md upon for
4 elED llortgages or Ike obiigauons tnoi
i from coupons, 4check1 or bills or exchange
l Tor or in tpnymerS or any dividends upon
1 tho stock on interest up6n the obllgatioI,I
4 Of foreign s0rpuTa tons. naaocIntious and
| insuralSe e5tnpaaslss engegsa IN business
/ z Total oilnt Of income regelyed fren
i hduciafies e,i.F q ~ rs g. Z
j 8. Toeal aHlout,t OF income derived iron
any sots 80 wE.texef iios specified or en-.
i tered eIsthshara on this bags 3 *
All OF the above iuconle that may
i haga ileei deducted mid withheld AZ
i the source IS 60 be itemiRed In one col.
Htnn. asd all 0f the abors on which
the tax has noe been wlthheid at tbs
4 ssssssrce Is To be shown lis aenBrafa
Z. g s..ifafl. Z. ne si,5Efeyate OF
i these columns must be added to the
i totai ain0pnt of income derived from
! diyiienus on the stock or ffet1 net
1 earnings OF corporations joint stock
accompanies. assaciatInns bf insurance
j eonitanfes eubiectsfo che tax. and .he
result VIII be desis isnated "a the ..total
/ gross income Z.
IIS lnFFus IsIEse UE the UiunR IOrm
Is arrsingcd so as TO indicate the '.gen,
eral deductionss to be allowed to tbs
Individual!
General Deductions.
L Amotitt or necessary expenses actual
lltiS paid in carrying on tsnsIness. but no
including business expenses or partner
ships and nos iaciudiiG perzonaI. living ei
/ family expenses. Z
? All interest paid within the year OF
pereonai Indebtedness OF the taxpayer,
\ 3. All nattonaI. state, county. school and
ulunielpni taxes paid within the year, nc,
Including those assessed sgalnst local ben.
i efts IA
= Losses actually sustained during th,
sesir ffleifrfa fts fFads or a riainp ft;o{t