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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (March 11, 1976)
I 1 Page 4 Portland Observer Thursday. March 11. 197« Revenue Doportment answers tax questions Many Oregon income taxpayers are charging themselves too much stale tax when filing their state short form (40-SI Ux return, says John J. Ixibdell. Director of the Oregon Revenue Department. Lobdell says that the most common error found on returns is failure to deduct federal taxes before looking up state taxes in the 40-S tables. Failure to deduct the federal tax means that a taxpayer figures income tax on a figure that is too large. Consequently, his tax is too high. Lobdell advises persons who are preparing 40 S returns to write their federal Ux on line 12 and subtract it from adjusted gross income. The result is subject to Oregon tax. Persons who neglect to subtract the federal U x and have already filed their returns should file an amended return on form 40 X. ADA REED Students visit University ScJt&laA, Miss Ada Reed is a senior at Portland State University, majoring in Speech Communications. A 1972 graduate of John Adams High School, she is a three year recipient of a Martin Luther King Scholarship. Miss Reed is a native of Baton Rouge. Louisiana, and has lived in Oregon for five years. She was the 1972 winner of the I.B.P.O.E. of W. iElks) Oratorical Con test scholarship and won first place in the 1972 Oregon High School speech compe titiofl in Oral Interpretation and Poetry. She was one of the top ten talent performers at the 1972 All Oregon State Pair Talent Show. She has travelled with the PSU speech team and is a member of the Pi Kappa Delta National Forensic Fraternity. Miss Reed began singing in church at the age of four. She has travelled through the Northwest with chorus and singing groups and has performed in concerts in local churches. She has had opportunity to sing with Blues singe: Blan. Carla Thomas, Shirley The Edwin Hawkins Singers and Crouch and the Disciples. She is a member of the Maranatha Church choir and assists with the children's cboir. Miss Reed is employed by Portland General Electric as an Evaluation Coder. (This is an Observer "Salute to MLK Scholars". For information about the scholarship program call (503) 229-4475. Prospective freshmen, freshmen level transfer students and their parenu are encouraged to participate in the Uni versity of Oregon's Early OrienUUon and Registration Program (EORPI. The program will be held on five days in July and provides students an opportunity to obuin academic advising and early registration Orientation Director Neil Murray says more than 1.000 students participated in the program last year. This year s program will be held on Monday. July 19th; Friday. July 23rd; Saturday. July 24th; Friday. July 30th and Saturday. July 31st. The last uate. July 31st. is reserved for freshmen who are transferring to the University of Oregon with fewer than 45 quarter credit hours earned at another school. An optional "EORP Eve” program is planned for those who can arrive on campus the evening prior to their EORP date. The session will include program planning and course selection. ParenU are invited to attend a separate and informal social gathering to meet Uni versity faculty. sU ff and other parenu. Arrangements can be made for partici pants to stay in University of Oregon dormitories. While there is no fee for Uking part in EORP. individuals must purchase their own meals More information may be obtained from school counselors or by contacting the Orientation Office, Room 164 Oregon Hall, University of Oregon. Eugene 97403. Every day the Oregon Department of Revenue receives 150 to 200 calls from persons who have questions about their income tax returns and property tax refund claims. The department has selected the most commonly asked questions and provided answers so that persons can save themselves a call. However, if a person has a question not answered here, he or she should call the nearest revenue department office listed in the Oregon State Government section of the white pages of the phone book under the heading “Revenbe Department of.” Question; Are social security and welfare payments received by parenu for the benefit of their children included in household income? Answer; Yea, the parent has control over the use of these funds. Question: Is a disability pension, deducted as sick pay. included in household income? Is disability compen sation included as household items? Answer: Yes. in both cases, compensa tion is a permanent pension. Question: Does a child qualify for a renter refund when the child lives at home and pays $50 per month to help with the family expenses? A nsw er Yes, if there is a tenant-land lord relationship. Only part of the payment can be claimed as rent, the part that is used for the room, but not the part used for food The payment must be reported as income on the parent's income tax return. Question: la the $50 social security bonus paid during 1975 considered household income? Answer: No. Question: Are veterans' educational benefits considered household income? Answer: No. Answer: Yes. provided the property is not exempt from property Uxes. Use 20 percent of the total amount paid to the nursing home as net rent, unless the rent is shown as a separaU item on the billing sUtement. Question: Are rent certificates requir ed for 1975? Answer: Rent certificates are no longer required. However, the claimant must complete the renUl schedule on the claim form <70 R). In the event of an audit, claimant must be able to subeUn tiate claim. Question: Can only one member of a household file for a property Ux refund? Answer: Yea. Question: I made a miaUke on my Question: How much property tax refund ran he claimed by the owner of a duplex who lives in one half of the duplex? Answer; The duplex owner can claim a refund based on one half of the Ux assessed on the land. Question: I sold my home during the year and purchased a new one Are my property U xes prorated? Answer: No. You may claim a property U x refund for the property taxes assessed on the home in which you were living on December 31, 1975. Question: Can a divorced man who no longer Uvea in the house claim a portion of the property U x es for a property U x refund? Answer: No. Since the home was not his principal residence on December 31. by Cal R. Williams 1975, it cannot be included on his claim From the day you buy a house, you form. should plan for the U xes when you sell. Question: What if I cannot get a copy of Unless you know how to get the best my property U x statement? price for your house and also how to keep A nsw er Contact the county Ux U xes on the "profit” at a minimum, you collector's office and get a duplicate can lose a lot of the investent you thought sUtement. was a hedge against inflation. Question: How must a person file for a Keeping careful records from the property Ux refund when he is a renter beginning will guarantee you a fair sale for part of the year and a homeowner for price and a fair U x break. Your records the rest of the year? can reduce the U xes on the profit when Answer: A person's filing status is you sell if you have proof of expenditures. determined by whether he was an owner You can subtract your closing cosU for or renter on December 31. 1975. If on title search and insurance, lawyers fees, December Slat, he owned his home, he bank appraisal, mortgage and deed would file as an owner. recording, et cetera. You can also Question: Does rent paid to a nursing subtract for improvements made over the home qualify for the property U x refund? years. Although you can't take off for M M® JCPenney Sale 1.80 PCC tuition increases . __ $12 per credit hour for those over eighteen. Oregon residents outside the PCC district formerly paying $21 per credit hour will start paying $23 in the fall. Tuition for a full-time student will be $207. The board increased the nonresident fee (which also applies to foreign students) from $31 to $34. CHICKEN CURRY. CHINESE-STYLE Chinese Chicken Curry is is a lit t le d iffe r e n t from those usually seen on a res taurant menu. It can be pre pared with regular kitchen u te n sils using ingredients found in your local super market—co special e q u ip m en t or e x o t ic fo o d s necessary. The recipe uses Planters Peanut Oil which is the favorite choice in this co u n tr y for Chinese-style cookery. As the most subtle o f th e p o ly u n sa tu r a te d cooking oils it wakes up the flavor of other ingredients without imparting a taste of its own. Reg 2.35. Pels shirt in easy care polyester has color contrast numerals on solids plus white. A great shirt for boys in sizes 1-4. Salo 2.07 Reg. 2.59. (>ur assortment of printed polo, of polyester cotton knit have short sleeves with assorted crew neck styling. Favorite fashion colors Sizes 1-4. Sale 1.27 Peanut Oil 3 medium on lengthwise 3‘ bossed and cut into 2-incfa pieces 1 3 3 1/3 3 medium - potatoes, - — • cut m to 1-1/2-inefaroO cuta Hot cooked rice 2 tablespoons pea nut oil in Dutch oven over high heat. Add garlic; fry until brown. Add onions; stir-fry 3 minutes. Remove onions; set aside Heet remaining 2 table spoons ——— peanut UU oil in ISUlCn Dutch oven . A d d c h ic k e n and cu rry p ow d er; stir -fr y 3 minutes. Add sugar, salt, soy sauce and 1/2 cup wa ter. Mix in potatoes Bring mixture to a boil. Reduce heat; cover and simmer 20 minutes. Mix in onions. Cover and simmer 10 min u te s lon ger. B lend cor»- starch and remaining 1 table sp o o n w ater. S tir in to chicken mixture. Boil 1 m iry u te, o r u n til th ic k e n e d . Makes 4 to 6 servings. Sale 2.20 Reg. 2.75. Beys' action print shirts of easy care polyester/eotton knit. Short sleeve hemmed styling with ribbed crew neck Boys sizes 3-7. Sale 3.60 R®*. 4.50. Beys' jeans of no-iron polyester and cotton blend tail cloth. Snap closure with zipper fly and belt loop styling. Your choice of our assorted solid colors. Boys sizes 3-7. Vann’s offer a variety of services Personality Postured, Sslr prices effective Mördern, Traditional, through Sunday Humanistic Ritualistic Non Ritualistic vflnn’s mortuary 5211 N. Williams Avenue 281-2836 Sale 1.91 Reg. 2.39. Beys' heaar jeans in an e care blend of polyester and cotton u elastieized waist. Fashion colors R sizes 1-4. Reg. 1.59. Girls polvester/rottna slacks with band front and elastieized back. Choose from assorted prinU and solids. Sizes 1-4. 20% off Chinese Chicken Curry 4 doses garlic. normal maintenance, it is a good idea to keep those records too because some limes what seems to be maintenance can be credited as improvement Painting your house is considered maintenance. If, however, your house has seven coats of chipping paint and you inaUll aluminum aiding or remove all of the old paint and apply two fresh coaU, it may be a deductible expense. Replacing a rotted window frame la maintenance but substituting storm windowa is an improvement. A new kitchen stove is maintenance, but a sizable kitchen remodeling is an im provement. Get the moat for your money. Start today to save those receipU and cancelled checks for all remodeling, additions and improvemenU. We’ve outdone ourselves! png of our all-time greatest . I Tuition rate increases for Portlr nd Community College effective fall quarter 1976 were approved Monday, March 1st, by the college's board. The board approved a $9 increase for the full-time student and $1 increase per credit hour. For residents of the PCC district taking one to eight hours of credit the cost will be $12 per credit hour, $108 for nine to eighteen hours, and an additional property Ux refund claim. What should I do? Answer: File an amended return. Fo 40 X. showing where the error was i and the correct rompuUtioo of your refund. Question: To what address should 1 mail property Ux refund claim? Answer: If you are not filing an income Ux return. Mail to: REFUND. P.O. Box 700. Salem. Oregon 9730«. or, if you are filing your claim with a U x return and are claiming a refund, mail to: REFUND. P.O. Box 700. Salem, Oregon 97308 If you are filing your claims with a Ux return and must pay additional income Ux. mail to: Department of Revenue. S U U of Oregon. Salem, Oregon 97310. all Penneypet playwear. Sale 2.20 Reg 3.75. Girls easy care petyeeter/eot- ten top with sloppy sleeve. A cool topper for the coming season Fashion colors in a novelty print. Girls sizes 3 to 6x. iole 2.80 — — — • wwa numi colors. Girls aises 3 to 6x.