nmmx. 2099 Inccmw Tar, 1918—Conti11ued . Page. Income Tax, 1918——G0ntiuued. P¤8¤· gain or loss on sales etc., of Fmperty ac- deductions allowed;_allowgnce for de£lequired before Much 1, 913, at mar- tion, etcz, of mmes, 011 wells, tim er, ket price".: ... 1060 _ 0t•C.,p3·B1B 1067 since, at cost or mventory value 1060 of acquued before March 1, 1913 . 1068 exchange of property; equivalent .. 1060 of dmcovered by taxpayer after March by reorgamzation, etc ... . . 1060 1, 1913, etc 1068 inventories to determine income, author- gifts to chantable, etc., orpnizationn; ized; basis ... . . ... 1060 vocational rehabilitation fnmd innet losses, in regular business operations. 1060 cluded;_lim1t . . ... 1068 on salisdof plants, etc., for war activities 1 I by nourgigegt) ... 1068 uctmn . 060 cases in m inven redp inlzaxable year 1919; zedeterminsiinn, 1061 mtiiion or gebqtes paid, iQ ed... etc . . . e tmnsm actumon c . of partners, beneficiaries of estates and 1061 if GO tiled buftcloss sustained; re- 068 trams .. e rmmation, e . 1 computation of tax for fiscal years at dif- nomesident aliens of designated items, ferent . . . - . etc ... 1069
- ·¤<¤' , °X€¤¤ Ym9¤ ··· nod ctionfrcmn in ofpersonsl,
f<>r wg)<;¤Mp¤: P°i‘¤°¤’·F:°¥“c° wr- 1061 dgwh . ... 1069 rg _._-·________________-·_·. ' whenlisggiect to different rates for parts 106 mwmgm, ew ____________ Img ° emu YQ? --··-·-·—··--------· 2 restoring exhaustion of reperty ... . 1069 normal rateslgu net income of 1062 life n on emysoyees, etc., for or 19 ... _ - Z . Z . t o taxpayer . 1069 ¤P°¤ £I¤t$4,000 of uuzemm *°°1d°¤t¤ 1062 credits allowed for norms] tax; of tax-paid ¤'1b¤°<1“°¤$ ;4°°·m ····- ;-; -----·--· ; ·-··· 1062 dividends, etc .. 1069 ¤v<>¤ HM ¤f ¤¤¤>¤¤ <>r ¤¢¤¤1¢¤*¤ 1062 memes on Fsamn mmuu sm ... mss Umm! in **dd1u°P¥ WWE ··-- _ - -; -····--· 1062 personal exemption of $1,0Ill for single from sales of muws, etc., lmufed ---··- 1064 ,•2,000e¤»h¤¤41¤tt•mi1y,ee4:. 1069 net income glefintfxd; basis of computing for 1 uiditicnal iorminors ordependenta, of ssseaing , l . 064 $2iD each . . . , . . 1069 gmsinccmy »¤ms¤i¤c1uas1 ... f¤r ¤¤s¤¤¤id¤¤E •¤i¤¤ ¤¤1y_if ¤i¤¤¤¤r emma i·¤me¤¢,j¤a1d¤¤y,¤¤a ew- ¤<>d1= to UNM S¤¢¤¤ ¤f~im¤ by ernment ctljcers and employees . 1065 ¤¤¤¤tYY th6f¤°f ·-------···-----·---· 1069 prufesinns, busmeses, rents, dxvndenda, returns required of nonresident alienifor etc _ .. Z . . . : 1065 benefit of deductions or credits . 1069 excluding mccme from hfe msumnce action on claims ...,...,.,,.,. 1070 gigligues; returns of premmms paid,- collection, etc., if no return filed . 1070 , equests, etc. ... . . pm,membr . · · • · _ mterest on State, etc. , obligations; Fed- ah g:,;st$§u19v1?$ if ?ihY1du_ 1070
uggcogsbvuds; r<>¢vr¤¤ ¤¢<1¤ir¤<1; 1065 cumpumuggu ggmes; credits, énél. 1070
. - ·----··-··· · ·-··-·- returns e .. 1070 by fofelgn GQV?mm€¤*¤ fmm Umwd computation of net income; charities, p§rt;;¤;€;~;;¤¤¤,:;fi£i\;{éS- Qé; - - · etc., not deducted. . 2 ... : . 1070 public ¤¢i1i¤i€¤ receipts by Sum vw-: ?t2l??.?? 1070 °P€¤¢€d ¤¤d°1’ c°¤¤'¤c*>¤» em: Y°· stockholders liable similar to partnersm'i°*j°° -----·—-----·—·-·-··—··--·- 1066 accounting etc ... I 1070 x>¤y¤f1><=r¤¤¤¤i¤ ¤¤¤*i¤¤d¤ri¤z¢h¤w=>·r mm and emeé subject w normal ma Mt <>~·¤r $@500 --·------------------- 1066 mm mu ¤¤¤~¤¤·?¤¤= ¤¤<=¤¤ Mm ¤<>¤¤¤¤¤ i¤ uw received am administration . . mu Umwd Sum °“lY ···········-··-·-· 1066 accumulat.ionn§n trust, etc . 1071 deductions allowed in computing net in- for future distribution _,,,,.,...,,,,,,,_ 107], comes; busmess expenses .. 1066 periodically distributed; under court interest on debts; exception . . . 1066 direction ,,,.,,_,,,,_,,,,,,,, , , _____ 107] nonresident aliens from United States responsibility of iiduciuy ,,,,,,,,,,____ 1071 sources ... _ _ .. 1067 com utation of net income; gddidnml taxes, classes, and exceptwns specuied. . 1067 gequests, etc., deductions . 107 1 nonresident aliens 1067 payment of ta.: by iidueziuy; credits, business losses; losses not connected with etc., allowed ... 1071 trade . _ 1067 on periodical distributions to beneraaualty losses not connected with busi- 06 iiciarie? etcea credits, etc .. 1071 nvm ... . . . 1 7 corporations orm to accumulate gs.ms' , wm·t.hl¢·ss debts 1067 etc., to prevent surtax on smdzallowunce for exhaustion, etc., of busi- holders, not subject to income tax,. 1072 ness property . . 1067 stockholders liable on income from . 1072 amcrtizatron of cost of buildings, plants. excess profits tax deducted before comvessels, etc., for prosecution of the puting share of members 1072 war ... - 1067 evidence of purpose if a mere holding redetermination of tax, etc., in three comgany, etc . . ... 1072 years, credits, etc., for overpay- permissi le accumulations . 1072 ments .. 1067 statements required . ... 1072
