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    "label": "State of Missouri Income Tax Return for 1927 for Harry S. Truman",
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    "title": "State of Missouri Income Tax Return for 1927 for Harry S. Truman",
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        "Bess W. Truman Papers",
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    "ocrText": "SCHEDULE A-INCOME FROM BUSINESS OR PROFESSION\n(1) Total income from business or profession\nreer\n$\nCOST OF GOODS SOLD:\nOTHER BUSINESS DEDUCTIONS:\n(10) Salaries and wages not reported as \"Labor\"\n(2) Labor\n$\non line 2\n$\n(11) Rent on business property in which Tax-\n(3) Material and supplies\npayer has no equity\n(4) Merchandise bought for sale\n(12) Interest on business indebtedness to others.\n(5) Other costs (list principal items and amounts\nbelow, or on a separate sheet)\n(13) Taxes on business and business property\n(14) Repairs, wear and tear, obsolescence, deple-\n(6) Plus inventory at beginning of year\ntion and property loss (explain below)\n(15) Other expenses, including bad debts (list\n(7) TOTAL\n$\nitems and amounts below or on separatesheet)\n(8) Less inventory at end of year\n(16) TOTAL (Lines 10 to 15, inclusive)\n$\n(9) NET COST OF GOODS SOLD\n$\n(17) TOTAL DEDUCTIONS (Line 9 plus line 16)\n$\nState amount of salary to self included in\nline 10\n$\n(18) NET INCOME (Line 1 minus line 17) (Enter as item 2, page 1)\n$\nExplanation of deductions\nclaimed on lines 5, 14 and 15\nSCHEDULE B-INCOME FROM RENTS AND ROYALTIES\nAmounts paid in 1927 for\nNet\nValue\nTotal\nDepre-\nTotal\nincome\nLocation, Street and Number.\nof\nrent\nciation\ndeduc-\n(enter as\nbuilding.\nreceived.\nInsur-\nRepairs.\nif any.\ntions.\nitem 5).\nance.\nSCHEDULE C-PROFIT FROM SALE OF REAL ESTATE, STOCKS, BONDS, ETC.\nDepreciation to\nKind of property\nDate\nAmount\nbe added to\nCost or value\nSubsequent\nNet profit\nacquired\nreceived\nsale price\nJan. 1, 1917\nimprovement\n(enter as item 6)\n$\n$\n$\n$\n$\nSCHEDULE D.\nPudozaiM\ndolow\nno\nbevinost\nSCHEDULE E-INTEREST-Deduction of interest will be allowed only when the following information is furnished:\nPayee\nAddress\nAmount\nINFORMATION\nDividends-All dividends received from foreign or domestic corporations are to be listed as income. Credit can be taken for that part of dividends or income on which\nthe corporation paid a tax during the preceding taxable year. (In order to secure the proper credit the tax payer should procure from the issuing corporation, the amount\nof dividends upon which taxes were paid for him by the corporation.)\nItems Not Deductible (1) Personal, living, or family expenses (the specific exemption allowed covers such expenses). (2) Any amounts paid out for new buildings\nor for permanent improvements or betterments made to increase the value of any property or estate. (3) Premiums paid on any life insurance policy. (4) Taxes of any\nkind assessed against local benefits.\nNon-Taxable Income- (1) Compensation received from the United States for services rendered. (2) Interest received upon the bonds or obligations of the\nUnited\nStates, or its possessions, or upon those of this State or any political subdivision thereof, (3) Gifts and money and property acquired under a will or by inheritance (but\nthe income derived therefrom must be included in gross income).\nHead of Family Is a person who actually supports and maintains in one household one or more individuals who are sole dependents and who are closely connected\nwith him by blood, marriage or adoption, and whose right to exercise family control and provide for these dependents is based upon some moral or legal obligation.\nIf the changes in the law, which became effective July 3, 1927, apply to your income you may make two returns or attach schedule explaining."
}