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Making the Return on the Cash Basis
Making the Return on the Accrual Inventory Basis
B The Final Return Due March 15 1944Form 1040
accrual basis accrual method allowed or allowable amount shown BASlS buildings Bureau of Internal calculated capital item cash and accrual cash basis ciation Collector of Internal column consumed or lost credit for dependents December 15 Depre depreciable item difference paid earned income credit entered in Schedule entered on line estimated tax Example Expenses for Taxable Explain in Schedule farm business farm expenses farm income Farmers Federal income tax file a return fill gain or loss Gross income tax income tax returns Indianapolis Internal Revenue Service item 23 line 19 line 28 livestock lnstruction lnterest lnternal machinery March 15 minus Note payments Personal exemption post-war rebates profit or loss provisions purchased Purdue University received records recovered regular income tax remaining cost reported as income sale or exchange Schedule F shown on line sold specimen form Tax net income tax obligation taxable income taxpayer total tax truck Victory Tax wife