Show Ii I 4 INCOME TAX FACTS PACTS i 1 No 9 t Under certain conditions living quarters quarters quarters I fool clothing etc provided em- em em plo ts t's are arc not regarded as Income for tor example Jle e of Jt f the lo 10 location and arid nature of ot the work ork ork It Is that employ s engaged in fI logging or canning be fur fur- furnished fur furnished board and lodging by their em- em employer employer em employer such board end and lodging are a aa contributed for the eon con con convenience of the employer er Therefore Its value need not be Included d In com coin computing RuLing puling the net t Income of the The rule applies to board and lodging seamen The Tho value alue of boud and lodging fur fur- furnished l t hospital Io Is to hn- hn bi turned as Income unless the tho e C eh Ci h i subject to duty it st n l any time during the tho 2 24 hours of a da dav and therefore 1 I Ic required to 0 accept quarters and meals at the hospitals In addition to hi his reg- reg regular regular reg regular ular compensation The Tho rental of a II dwelling and ap- ap ap ther thereof o furnished a min mm- minister bythe byth ister of ot tho the gospel was ns as exempted b by the th revenue act of 1921 and no long long- longer longor longer er or needs to bo ho Included In gross cross in In- In come Certain Items as its sho show shown n a on forms for making the tho returns are aro specifIcally exempt from the Income tax taC such auth as proceeds of life lite Insurance policies amounts received through accident or health Insurance value o of property ae- ae ac ac bv by gift I bequest st descent or 01 de- de deIse delse de demise mise lse Ise Intel est recoiled on n state and certain federal fedora I bonds amounts Ill ro- rn as na compensation atlon family allot I allotments allot allot- monts ments and allowances vances under the pro pro-I of the war Val rich rl Insurance and vocational rehabilitation acts for military or naval borvice Mr in tim of war aI etc |