The sun. [volume] (Newberry, S.C.) 1937-1972, April 13, 1967, Image 5
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PAGE 4—The Newberry Sun, Newberry, S. C., Thursday, April 13, 1967
Longshore to get
tech training
m
m.
SAN ANTONIO, TEX.—Air
man Everette L. Longshore, i
son of Mr. and Mrs. Marvin E.
Longshore of Silverstreet, has
been selected for technical
training at Sheppard AFB,
Texas as a U. S. Air Force
medical service specialist. The
airman recently completed bas
ic training at Lackland, AFB,
Texas. His new school is part
of the Air Training Commam
which conducts hundreds ol
specialized courses to provide
technically trained personnel
for the nation’s aerospace force
Airman Longshore is a 190f
graduate of Newberry High
school.
Income Tax
Information
Q.—I got married last year
Do I need another Social Sec
urity number since my named
changed?
A.—No, continue to use the
Social Security number you
already have. However, you
should notify the Social Secur
ity Administration of the
change in your name so they
can bring their records up to
date.
Don’t forget to show your
Social Security number accur
ately on any tax return you
file. Failure to show social
security numbers delays re
funds for many persons each
year.
Q.—My withholding was en
ough to cover my 1966 income
tax. Do I still have to file a
return ?
A.—Whether you owe any
taxes is not the determining
factor in deciding if you have
to file a return. If your income
was $600 or more, or $1,200 if
you are 65 or older, you must
file. If you have self-employ
ment income of $600 or more
you must file a return and
pay self-employment tax.
Q.—Do I get any deduction
for Social Security taxes paid
for a cleaning woman ?
A.—No, these taxes are not
deductible unless they qualify
as a business expense.
Q.—I just got my refund.
Can I throw last year’s records
away ?
A.—No. Records should be
kept as long as needed for tax
purposes. This generally means
three years from the time the
return was due. Some, like
records on the purchase of a
home, should be kept much
longer. They would be needed
to establish your cost basis.
Q.—My mother is in a rest
home. Can we still claim her
as a dependent since we pay
her bills?
A.—As long as she otherwise
qualifies as your dependent and
you contribute more than half
of her support, you are entitled
to claim her as a dependent.
Q.—My son earned enough
last summer to require him to
file a return. He’s a full-time
college student but we still
support him. Can we claim an
exemption for him on our re
turn while he takes his own
exemption on his return?
A.—The situation you des
cribe is one of two exceptions
to the law that says an exemp
tion cannot be claimed for a
person with gross income of
$600 or more for the year.
As long as a child of yours
is a full-time student or under
19 and otherwise qualifies as
your dependent, he may claim
an exemption for himself on
his return and you may claim
as an exemption also.
Q.—If I pay someone to pre
pare my return isn’t he respon
sible for its accuracy?
A.—No, the taxpayer is leg
ally responsible for the accur
acy of the return. For this
Just like you are when you buy your insurance
from a local, independent agent because you
get the best. We would like to be your agent.
YOUR PRIVATE BANKERS”
1418 Main Street Phone 276-1422
THE
M ANION
FORUM
By MARILYN MANION
TIME TO LIBERATE
CHINA?
What in the world is going
on behind the Bamboo Curtain?
Even the most knowledge
able observers of the Chinese
scene must ask themselves that
perplexing question today. It
is quite obvious that something
is happening—but reports are
conflicting at best. Is the cur
rent bloodletting in Red China
a real revolution? Or is it sim
ply a revolt against a faction
of Communism, rather than
Communism itself? And who is.
involved? A few malcontents—
or the masses of people?
To answer some of these
questions, the Manion Forum
turned to one of its frequent
speakers, Rev. Daniel Lyons,
S.J. Father Lyons had just
returned from a trip to Korea,
Formosa, Viet Nam and Hong
Kong when he took the Manion
F’orum microphone. In the
course of his travels, he had
interviewed individuals who
had escaped recently from Com
munist China.
Lyons interviewed the only
Red Guard defector to ever
escape from the mainland. “He
told me,” said Father Lyons,
“that conditions on the main
land are much worse than
they were even ten years ago.
He said the country is poorer
than it was in 1957, and that
hatred for Communism is
more common than ever. He
said that people are hoping
that Free China will deliver
them.”
Just how would Nationalist
China go about this liberation?
Continued Lyons: “Free China
is anxious to establish a beach
head in the mainland. She wants
to do this so that the people
will at least have some choice.
They can decide to come there
if they want to, without having
to swim the 90 miles from the
China coast to Formosa.”
The fact that people impris
oned on the mainland DO wish
to escape is evident.
Lyons told his radio aud
ience that “in in the Korean
War, 70 per cent of all the Red
Chinese soldiers who were cap
tured refused to go back to
their native land. This is some
thing that has never happened
before in all of history. Com
munism has failed in Red
China. It has not only destroy
ed freedom, but it has also
failed to provide any kind of
a viable economy. The economy
is worse than it was when they
reason, make sure you get
dependable tax help. Avoid
anybody who offers to split
the refund with you, asks you
to sign a blank return or pre
pares it in pencil or who sug
gests that a refund be sent to
his address.
Q.—We pool our tips at the
place where I work and split
them up at the end of the day,
Is my share of the split-up
what I should return as tip
income ?
A.—Yes, the amount you ac
tually received from the pool
should be reported as tip in
come for tax purposes. Note
that if your tips are $20 per
month or more they should also
be reported to your employer
on Form 4070, “Employees Re
port on Tips.”
Q.—.Where do I report pro
fits from stock sales?
A.—Use Schedule D. Copies
are available in many banks,
postoffices and offices of the
IRS.
Q.—How can I tell whether
a person qualifies as a depend
ent?
A.—There are five tests that
have to be met. These are gross
income, support, married de
pendents, citizenship or resid
ence and relationship. Each is
described in the 1040 and 1040A
instruction booklets.
started.
“Now there is revenge in the
hearts of the Chinese people,
revenge against the Commun
ist system, as it was reported
recently in the World Journal
Tribune by Robert Elligant, the
well-known correspondent. He
said that the mood of the mass
es in China is to try to do
away with all of the repress
ions, all the deprivation they
have suffered. Revenge for the
violent attempts to reshape the
nature of the individual.”
Father Lyons has helped to
form an organization to mobi
lize Americans who are in
favor of liberating Red China.
If you’re interested, write to
the National Committee for the
Liberation of China, 1776
Broadway, New York. There
is no time like the present to
take action.
PROPERTY
TRANSFERS
Newberry No. 1
L. J. Matthews to The City
of Newberry, one lot $2,750.
Bush River No. 3
Ruth J. Amis to Nancy Lou
H. Casque and Aubrey Gasque,
128 acres, $5.
Nancy Lou H. Owerson Gas
que to Aubrey Gasque, 404
acres and one building, $5.00
love and affection.
George L. Carver to Gurnie
Lee Wells and June Nell Wells,
2.53 acres, $5 and assumption
of a mortgage.
Whitmire No. 4
Frank H. Ward, Probate
Judge to Eugene C. Griffith,
one lot $50.00.
James L. Hartman to Ralph
Floyd Caldwell, one lot and
one building, 1535 Church St.,
$10.00.
Whitmire No. 4 Outside
Roxie Wilbanks to Ellie
Prince and Pauline Prince, five
acres $1,150.
Ellen Oxner Jenkins to
Michael V. Jenkins, 2.14 acres,
five dollars, love and affection.
Pomaria No. 5
Maude R. Graham to Mary
G. Glymph and Robert W.
Glymph, one acre, $5 love and
affection.
Little Mountain No. 6 1
James C- Suber, John Robert
Suber, Jr. to Mildred Claire
Suber, three acres and 1 build-
State GTs use
More than 2,111 applications
for G. I. Home Loans liave
been received from post-Korean
Conflict veterans of South Car
olina under the 1966 G. I. Bill,
John I. Findley, Loan Guaranty
Officer of the Veterans Admin
istration Regional Office, Col
umbia, reported today.
The reports, from the VA’s
field stations across the nation,
showed a total of 123,000 cov
ering the period of March 3,
1966 (when the new law went
into effect), to February 28th,
1967, Findley said.
During the first full year of
operation 312,399 post - Korean
Conflict veterans were declared
eligible for G. I. Home loans.
More than 89,000 loans were
made during the first year.
Under the three G. I. Home
Loan programs—World War
II, Korean Conflict, and the
1966 G. I. Bill—about 7 million
G. I. Home loans have been
made with a face value of more
than $65 billion.
The deadline for G. I. Home
loans for veterans of World
War II is July 25, 1967.
ing $5.
Jacob Monts, Executor of the
last will and testament of Wm.
Monts, deceased, to W. C.
Shealy, 59 acres $277.00.
Forest L. Wheeler, Annie
Mae Wheeler Bickley, Louetta
Wheeler and Goze and Ruby
Wheeler Carver, to C. Malloy
Wheeler, 59 acres, $5.00 love
and affection.
S. C. Electric & Gas Co. to
M. M. Richardson, 1.83 acres,
$1.00.
D. H. Hamm Sr., D. H.
Hamm Jr. and J. Walter Hamm
to Charles E. Grant and June
H. Grant, one lot $5.
Prosperity No. 7
S. C. Electric and Gas Co. to
J. F. M. Banister, 1.76 acres,
$1.00.
C. S. Holland to John K.
Bagwell, one lot, $45.00.
John K. Bagwell to Leo D.
Gault and Harold R. Moss, one
lot and one building $5.
Emily Cromer and Tressie
C. Holland to Earline S. Cot-
ney, strip of land $5
Virgil F. Huffstetler to J. C.
Cooper and Ann J. Cooper, one
lot and one building $5.
C. S. Holland to D. C. Marsh-
burn, one lot $5.
4.50 s
CURRENT DIVIDEND
Insurance of building and loan sav
ings accounts ceiling increased to
$15,000
We pay you to save at State Building and Loan . . . and
the pay is getting better all the time.
Building &
Loan Association
1117 Boyce Street
Newberry, S. C.
Dial 276-5660
Ralph B. Baker Pinckney N. Abrams
Louis C. Floyd Thomas H. Pope
R. Aubrey Harley