Historical Newspapers of South Carolina

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4 Q) I'm a full-time college tax refund, if I don't have income. Is it income? A) Scholarships are gen< have to be reported for tax different types of scholars with the organization that see if they have informati( Q) Why did IRS drop the A) One important reason payers to claim all the crec they were entitled to under more and more taxpayers h; to itemize deductions as the The new Form 1040 is calls for just about the san entered on the front and b? 30 million returns will nee< to be complete, while anotl tach only one additional sc Copies of the schedule t? \imm i* * /4a. ? ? nrtic n 1L1UUCU 111 LI It; IHX pi lion taxpayers. Q) I got married in Dece a joint return for 1969? A) Yes, if you are marri< year, you can file a joint r be claimed as a dependent payer. Q) Does the new tax fori way a farmer handles his ci A) No, the gas tax credit the past by attaching Forr claimed should be entered c Q) What is the surcharge figure it? A) The income tax surcl Tax surcharge table are and can be found on page mount of surcharge based < and your filing status. Remember that Schedi schedule, will be just a u and need not be sent in wi taxpayer claims a special come, investment or foreig ployment tax, should Sch< return. Q) I rent out some land to the rents I receive as farm < i\) writer the rents you Schedule E, as rental incorr 1040 when you file. Unless there is material of farming, the rents you income. Q) Are there any tax be I'll be able to file that way A) Yes, there are several age and over. For example, tion for age, and special pi a personal residence. These are explained in for Older Americans. Send Director for a free copy. !Ti. " - -? ^ aygftAsk IR& student and think I will get to count a $750 scholarship a orally not taxable and do nc purposes Since there are man hips, you will want to chec gave you the scholarship t Dn on its tax status. short form 1040? was 10 maKe it easier tor tax lits, deductions and exclusion the tax laws. In recent year ave found it to their advantag ur income increased, one basic page and actuall ne information that had to b ick of the old card form. Ove i just the one-page Form 104 ler 22 million will have to a1 ihedule. ixpayers will most likely nee ackage mailed to some 75 mi] mber. Can my wife and I fil ?d on the last day of your ta eturn. Your wife then cannc on the return of another tax m make any difference in Ih 'edit for gas used on the farm should be claimed as it has i: n 4136. The amount of credi >n line 21 of Form 1040. rate for 1969 and how do yo' large is 10 per cent for 196J included in the tax packag T-l. These tables show the a in the amount of tax liabilit ale T, the tax computatio worksheet for most taxpayer th the Form 1040. Only if th credit such as retirement ir n tax, or has to pay self em ?dule T be sent in with th a farmer nearby. Do I includ or rental income? receive from your land oi ic, and attach it to your Fom participation in the busines receive are considered fam nefiis for those 65 and over this year. benefits for those 65 years o there is an extra $600 exemp rovisions covering the sale o Publication 554, Tax Benefit a post card to your Distric THE CLOTHMAKER Laurens County's I ' ; The textile industry has been the backbone of our economy since the Indusa trial Revolution came to IS the South. Today over 58 per cent of the Laurens County payroll comes from Textiles y and related industries, k The textile industrial ? complex has found a home in Laurens County for a number of reasons. First, textiles is a "gateway" industry, which, during the transition from a ? predominately agricultural 1 i i ? i s utonumy, nas neipea nune dreds of people learn trades in manufacturing, y Secondly, textiles has e been an industry which pror 0 = Mitt&d d Some Coarse . . . Some Fine . Doctor: "You should take a hot bath before retiring." e Patient: "But, Doc, I won't be retiring for another 15 years." ? * x "I don't care who you say is coming. It's MY night to use the horse!" ?Mrs. Paul Revere ? ? e The lost six-year-old boy f ran down the super-market aisles frantically calling: n "Dorothy, Dorothy!" it His mother finally approached him, chiding: "You should call me 'Mother' and not 'Dorothy.' u I'm 'Mother' to you, you know." "Yeah, I know," replied the lad, "but this store is e full of mothers!" i- * * * J Man and Woman at Marriage Counselor's Office. n He says, "Whatsername s here says I'm forgetful." e * l" Before television no one ever Knew wnat a neaaacne e looked like. * * During preliminary ine spection at a Boy Scout camp, the director found an umbrella in the bedroll n of a tiny Scouter. Since n the umbrella was obviously not one of the items of eouiDment listed the Hi 2> 1 ' n rector asked the lad to explain. The tenderfoot neatly countered with his question: * "Sir, did you ever have a mother?" ? * ? f A LONG TIME "How long did it take f vour wife to learn to drive, Sam?" s "It will be 10 years this t spring." ; Textile Industry vides steady employment at a number of skill levels. , Textile people have be- , come in indespensable as- ] set in Laurens County. Tex- | tile employers and employees have always given gen- ( erously of their time and j money for civic and chairi- ' table projects. Today, there is a growing demand for qualified manufacturing employees i n * our area. * i n fii i < bunion lviins is constantly searching for qualified people to operate its manufacturing facilities. Textiles is a vital industry and has meant much to our past and will mean even more lo our future. Ifa/utA, . . Some with a Different Twist There seems to be only two things that are impossible to do; putting tooth paste back in the tube, and getting off of a mailing list. * * * You can tell what condition a man is in if you know what he takes two at a time?stairs or pills. * * Hear about the mortician who stole a motorcycle? They couldn't arrest him because he was a licensed Hondataker. ? Nowadays, colleges are emphasizing education. One university has become so strict it won't allow a basketball player his letter unless he can tell which one it is. * * The elderly visitor was quizzing the preacher's small son. "Does your father ever preach the same sermon twice?" he asked. "Oh, sure he does," the boy answered, "but he hollers in different places." * * One good thing about teen - age picket lines: They're out of the cars, off the motorcycles, and walking again! * * Pajama - clad tot calling out to nnrents* "T'm rroinrr ? J _ f-, to say my prayers. Anyone want anything?" ' * * * The Internal Revenue people know what to give the man who has everything: An audit. * * Excited child: "Ma, the Browns have a wonderful now invention to give the I news?it's called a radio!" ( i FEBRUARY, 1970 One Man's Viewpoint When the other fellow Lakes a long time to do something, HE's SLOW . . . But when I take a long Lime for the same job, I'M THOROUGH. When the >ther fellow doesn't do the job. HK'S LAZY ... But vhen I don't do it. I'M TOO 3USY. When the other 'ellow goes ahead and does something without being old, HE'S OVERSTEPPING HIS BOUNDS . . . But when I go ahead and do something without being told, I SHOW INITIATIVE. When the other fellow states his side of the question strongly HE'S BULLIIEADED . . . But when I state my side of the question strongly I'M BEING FIRM. When the other fellow overlooks a few rules of etiquette, HE'S RUDE . . . But when I skip a few of the same rules, I'M ORIGINAL. When the other fellow does something that nlpasps thp hnsc HE'S POLISHING THE BRASS . . . But when I do something that pleases the boss . . . THAT'S COOPERATION. When the other fellow gets ahead, HE SURE HAS HAD THE LUCKY BREAKS . . . When I manage to get ahead . . . MAN! HARD WORK DID IT! APRIL 15 DEADLINE This is just to remind you that April 15 is the deadline for filing both State and Federal Income lax returns. In the event that you have a refund coming, get your return in as soon as possible so you will get your xr e f u n d promptly. Service Men Pictures Wanted The Cloihmaker would like to print pictures of young men serving in the armed forces that are sons of Clinton Mills employees. Information accompany ing pictures should include the name, rank, principal place of active duty, length of service, and any special medals or citations, received. * * * Today, a gentleman is a fellow who holds the door >pen while his wife carries n the groceries.