The sun. [volume] (Newberry, S.C.) 1937-1972, March 11, 1971, Image 4
PAGE 4—The Newberry Sun, Newberry, S. C., Thursday, March 11, 1971
NEW COPIER—Newberry-Saluda Re- (second from left) and Nathaniel Ellison
gional Library has installed a new copier (right). Mrs. Mathis’ daughter, Julie,
for use by the general public. Demonstrat- looks on. (Sunphoto by Martin Armfield)
ing the new machine is Mrs. Gene Mathis
This column of questions and answers on federal
tax matters is provided by the local office of the U.S.
Internal Revenue Service and is published as a public
service to taxpayers. The column answers questions
most frequently asked by taxpayers.
Q) Is it true IRS will figure
the tax and the retirement in
come credit for taxpayers this
year?
A) Yes, as long as certain
conditions. are met. Briefly,
these are that your income is
$20,000 or less and consists
entirely of wages, salaries,
tips, dividends, interest, pen
sions and annuities. You must
also take the standard deduc
tion.
The IRS will compute your
tax if you meet these condi
tions. Fill in the proper lines
as indicated on page 2 of the
instructions and mail your re
turn to the IRS Service Cen
ter. Any retirement income
credit you are entitled to will
also he computed where the
proper lines on Schedule R
are filled in. Be sure to at
tach Schedule R and other
necessary Schedules to your
Form 1040.
After we compute your tax,
you will either receive a re
fund or hill for additional
tax due.
Q) Taxes were withheld
from a part-time job I had
last spring. I don’t have t<
file a return so how do I get
this money back?
A) A return must he filed
to obtain a refund. Attach
W 2 statemont showing the
wages paid and taxes withheld
to the Form 1040 you com
plete and send it to the In
ternal Revenue service center
for your area.
Q) The address is wrong on
my blue address label. What
should I do?
A) Make the correction
right on the label and place it
on the front of the form you
tile.
Q) What's the change in the
handling of crop insurance
proceeds for farmers?
A) A cash basis farmer is
usually required to report in
come the year it is received.
Under the Tax Reform Act
of 1909, however, a farmer re
ceiving insurance compensa
tion for damaged or destroyed
crops may elect to defer re
porting the proceeds until the
year following the loss if the
income would otherwise have
bgen reported in any tax year
following the year of destruc-
t on or damage.
Q) What’s the maximum
social security tax for 1970?
I had two jobs and I think I
paid too much.
A) The maximum social se
curity tax is $374.40 for 1970.
If more than that was with
held from your wages because
you had more than one em
ployer last year, enter the ex
cess on line 62 of your Form
1040. This is explained in the
1040 instructions.
Q) Can you include the cost
of a house hunting trip with
other moving expenses for in
come tax purposes?
A) Yes, under certain con
ditions.
For details on moving ex
penses, send a post card to
your IRS district office and
ask for Publication 521 and a
copy of Form 3903. This form
must be completed and sent
in with your return if you
claim this deduction.
Q) My mother just started
collecting her social security
pension. Does she have to pay
tax on it?
A) No, social security bene
fits are not taxable and do
not have to be reported.
■
Q) I drive several hundred
miles a week going back and
forth from my home to work.
Can 1 deduct anything?
A). Commuting costs are a
personal expense and not de
ductible. However, you may
deduct the state and local gas
oline taxes you pay as a re
sult of this and other personal
driving.
A convenient table to help
you determine the amount of
your gas tax deduction may
be found on Page 8 of the
Form 1040 instructions. It is
based on the tax rate in your
state, number of miles driven
and type of car.
Q) Do the tax tables in the
instruction book include the
surcharge?
A) No, after you have de
termined the amount of your
tax from either the table or the
schedules, you will have to
add the surcharge. Use the
surcharge tables in the 1040
instructions to determine the
surcharge.
Q) Where can I buy a copy
of your income tax guide?
A) A copy of Your Federal
Income Tax, Publication 17,
may be purchased for 75(* and
is sold at our offices. The Tax
Guide for Small Business,
Publication 334, costs 75c and
is sold at our offices. They
may also be purchased from
the Superintendent of Docu
ments, U.S. Government
Printing Office, Washington,
D.C. 20402.
Newbeuians at
governor’s meet
Eight student leaders at New
berry College have been select
ed to represent the College at
the second annual Governor’s
College Leadership Conference
in Columbia on April 5 and 6.
The collegians will study and
discuss contemporary problems
related to South Carolina in mat
ters of education, health, hous
ing, drug abuse, pollution, and
related topics.
Among the delegates to the
conference from Newberry Col
lege are Billy Koch, Newberry,
sr. and Ellen Williamson, New
berry, jr.
Miss Williamson is the daugh
ter of Mr. and Mrs. N. K. Wil
liamson, 1734 Boundary St.; and
Koch is the son of Rev. and
Mrs. J. H. Koch, Jr., 1307 Dray
ton St., Newberry.
HOSPITAL
PATIENTS
Henry C. Amick, Prosperity
Earl Baxter, City
Mrs. Sara Beam, Prosperity
Mrs. Lillian W. Bell, City
John A. Boozer, City
Mrs. Ola G. Bowers, Pomaria
Clarence E. Buzhardt, City
Richard B. Caldwell, City
Mrs. Ella Cheak, City
Mrs. Alberta Clark, Whitmire
Miss Geneva Corley, City
Joseph Counts, Prosperity
Little Miss Sendy Davenport,
City
Miss Vergie Deas, Whitmire
Mrs. Edna Dedmond, City
Luther Fellers, Prosperity
Mrs. Minnie G. Farrow, City
Mrs. Mary B. Dehart, City
William I. Frye, City
Baby Girl Fields, Whitmire
! James Fulmer, City
Mrs. Elizabeth Franklin, City
Hermis A. Kibler, Prosperity
Mrs. Verdell Holmes, City
Mrs. Betty Kennedy, City
Clarence E. Hancock, City
Miss Rosa Bell Kitchens, Whit
mire
Ballenger Kyzer, City
Mrs. Carrie Hawkins, City
Mrs. Lucia Lake, City
Andrew P. Lindler, Chapin
Master Shermon Lindler, Pros
perity
Jake Livingston, City
Mrs. Janie D. Long, City
Mrs. Vinnie Longshore, Silver-
street
George L. Mayer, City
Mrs. Patricia Meetze & Baby
Boy, Little Mountain
Mrs. Loulee C. Merchant, City
Charles Morley, Johnson City,
Tenn.
Mrs. Bertha R. Morris, Pros
perity
Mrs. Ernestine Neel, City
Henry L. Nichols, Saluda
William H. Nobles, City
Phillip Plampin, City
Mrs. Lula S. Roberts. Pomaria
George D. Singley, Pomaria
Mrs. Caroline S. Smith, Kinards
Mrs. Corrie Bell Smith, City
Mrs. Mary C. Smith & Baby
Boy, City
Mrs. Ruby S. Spelts, Joanna
Mrs. Mittie Y. Summer, City
William B. Tigue, Johnson City,
Tenn.
J. P. Toland, Prosperity
Miss Mildred Werts, City
Vernon Wheeler, City
Fred Williams, City
Mrs. Mariam Willingham, City
Mrs. Florence Wilson, City
More autos on
S. C. streets
Motor vehicles of every des
cription are increasing steadily
on South Carolina streets and
highways, according to the
South Carolina Highway Depart
ment.
The Department’s monthly re
port on vehicle registrations
showed that on January 15, 1971
a total of 1,215,566 had been
registered in the state during
the 1971 licensing year. This is
51,708 more than the 1,163,858
registered in the correspond
ing period of the 1970 license
year.
Hamm guernseys
complete testing
Three registered Guernsey
cows in the herd of Marvin J.
Hamm, have recently complet
ed top official DHIR actual
production records, according
to The American Guernsey Cat
tle Club. All cows were milked
two times a day. The testing
was supervised by Clemson Uni
versity.
Guernsey milk is world fa
mous for it’s high protein, de
licious flavor and Golden Yel
low color.
Myrtledales Furn Host, a six
year old, produced 15150 pounds
of milk and 746 pounds of fat,
in 305 days.
Patricks Jewel, a five year
old, produced 15810 pounds of
milk and 777 pounds of fat, in
305 days.
Myrtledales Supreme Alice, a
Sr. 4 year old, produced 14990
pounds of milk and 729 pounds
of fat, in 305 days.
NOTICE
CITY OF NEWBERRY
Business Licenses are now due
A 5% Penalty will be added
APRIL 2nd, 1971
Affidavits can be picked up at
City Hall
CITY OF NEWBERRY
Adopted on Second Reading December 15, 1970 by
City Council.