Tax tips could save
students problems
April showers may bring May
flowers, but they also can bring
the headaches of figuring out
income taxes.
A University business profes
sor gives the following tax tips to
help students determine their
income taxes — and keep their
sanity.
To get money back, one thing
is vital — students must file a
return.
Furthermore, students must
sign the form or the Internal
Revenue Service will send it
back If students owe the IRS
money, it will charge interest
starting April 15.
If students file and claim an
exemption for themselves, their
parents also may claim them.
People with incomes under
$3,300 need not file a tax return
Married couples filing a joint
return with incomes of less than
$5,400 need not file.
Single parents who are
students can file as a head of
household rather than single,
which allows them a lower tax
rate
Scholarships and fellowships
are not taxed
Students can take a special
deduction for moving expenses
incurred when moving from the
University to their first job
The IRS will correct any er
rors made in tax figuring. How
ever, delays can be avoided by
calling the IRS with any ques
tions or consulting a tax
preparing service
Extensions of 60 days are
granted automatically, but
forms must be postmarked by
ADril 15
Editor to talk at library gala
"Native Americans and White Settlers in the
19th Century” will be the topic of a speech
Monday by an editorial staff member of
"American Heritage.”
Alvin Josephy will deliver the speech at 7:30
p.m. in Qerlinger Lounge to commemorate the
University library’s centennial.
After graduating from Harvard, Josephy
began his journalism career at the New York
Herald-Tribune, then worked as a war corre
spondent and a screenwriter before being
hired by the magazine, says Hilary Cummings,
the University manuscripts curator.
His main emphasis lies in the activities relat
ing to American Indians — especially the Nez
Perce. He also compiled a report on the Bu
reau of Indian Affairs during the Nixon Admin
istration.
In conjunction with the speech, the library
has obtained his manuscripts to aid research
about Indians or about Josephy, says Cum
mings.
The 115 boxes of manuscripts will be availa
ble in the Oregon Collection on the second
floor of the library fpr at least the rest of the
term, she says.
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