Income-Tax Returns 1951 - Suggestions For Farmers |
Common terms and phrases
accrual basis adjusted gross income amount on line animals calculate capital assets capital gain capital investments capital loss carry-over cash basis claimed compute cost cows Depreciation allowed depreciation schedule Enter in column enter on line Enter total farm blank farm business farm expenses farm income farm operating loss farm profit Federal income tax Federal income-tax return gains and losses gains or losses gross income hired labor husband and wife income of $600 Internal Revenue Service itemize deductions January 31 joint return losses from sales married couple medical expenses MILLER number of exemptions operating expenses orchards and vineyards ordinary income partnership received repairs reported on Schedule return and pay return is filed Revenue Act sale price sales of capital sales of livestock separate Schedule Social Security Tax sold standard deduction Subtract line tax table taxable taxpayer tile drains tractor treated as sales U.S. Treasury Department unincorporated business tax wages paid