THURSDAY, JANUARY 15, 1544.
-2 *
•
— »•
**
Tax Information
sure lobbying which often makes it .' Mr and Mrs. Robert Zeigler and
hard to ascertain the truth hidden be- ' son, Johnny, were here from Seattle
hind the usual smokp screen of clever i recently, visiting at the home of Mrs.
propaganda. Letters expressing the | Zeigler’s parents, Mr. and Mrs. Wm.
personal views of constituents are | Hickam.
gladly welcomed, particularly when •
»
UxBtor'» Note: Because of the con-
nearest collector of Internal Revenue. tlno last March but now find it is they come from the heart and are
f union ensendered by the compli-
2. What form should I use to under-estimated by more than SO
< .»ted and involved Tax Filing. Ea-
change an estimate I filed'last spring? Per cent. Can I avoid the penalty? not in obvious response to pressure-
umat(ns, end the various .other et-
You have the same choice between Yas, by filing an amended declaration group urging. Elected repesentatives
..terse. The Coquille Valley 8en- .
Form 1040-ES and Form 1040.
If on your annual return by January 15 can, and do, head off most bad legis
\ : •
tlnel la carrying a complete Tax
Ar?
you use Form 1040-ES, write the and correcting the under-estimate.
lation 4or the same reason that pat
Question and Answer Series this
word “Amended" at the top of the
5. Suppose I based my 1545 es ent-medicine vendors find it hard to
week tor the readers of thio paper.
form.
• Condensing Units
timate
on
my
actual
1944
income.
Because many people even though
.3. What is the difference between Does that excuse me from the penalty sell their wares to licensed physi
they are having all their taxes
1040-ES and Form 1040? Form 1040- for under-estimating? If you based cians.
• Exhaust Fans
But a much better job could
withheld but have sold houssa.
ES is a special form for estimating your estimate on our actual 1544 be done if constituents took the time
rumie, or had other sources of rev
Tor”» 1040 is the regular blank income and ftaur
the tax at 1945
• Cooling Coils
enue that was not subject to with-
ior
annual income tax returns. rates and
there will pt to write on issues of interest.
in.Idins and no are subject (o new
It la to be hoped that the public has
4. Tlow can I decide which form no penalty.
• Insulation
• Walk-in. Boxes
filings, we recommend a study of
is best for me? If by January 15,
listened carefully to the president’s
the following Information.)
you do not have exact figures on your
Where and When td YUe '■
speech as it outlined his views and
No. 1
1M5 income and deductions, it is best
1. If I am required at this time to
1. What Federal tax form must be that you use Form 1040-ES. In that make a Declaration of Estimated Tax •ims. He is entitled to the courteous
filed by January 15th? ’ Your IMS case you Will have to file your regu for IMS (or amended declaration), attention of all as he seeks to recruit
Declaration of Estimated Tax (or an lar
_______
,____
_ „
IMS _________
return by
March
15. _
If you when must it be filed? January 15. support for his policies.
But the
amendment of your IMS Declara- are in a position to file yotfr regu- The tax due at this time must be paid
Home Freezers in chest type and reach-in type;
public should withhold final decision
tion).
| lar return as early as January 15, in full.
2 Does everyone have ttf file a. you can file Form 1040 then and it
also two temperature x
2. Where do I file? At the office on the several issues until opposing
Declaration? No. This filing should, will serve both as your Declaration of the Collector of Internal Revenue views have also been heard and con-
not be confused with the regular time. and also as your return.
in your district. In this district, ad
Delivery On Some Items Depending Upon Conditions
for filing annual income tax returns,
5. Does the new tax law, passed dress your declaration tor "Collector rectly to the people will be beneficial
which must be filed not later than by Congress a few weeks ago, change of Internal Revenue, Custom House, only if they are accepted for what
March 15th. .
| any of this procedure.
No, your Tgfi
_____ they should be, one side of an orderly
also”have to file an income^debate before the people as judges
3. Who does have to file January i «.deration or return is for IMS and
by
March
- M-
—>. 15? If you file Such
wlu
great capacity
15’ Three groups gp foHows:
f '
- ------------------ ---------- ** *-------------- tax return . k
';•>
your regular 1M5 return on Form
farmers, (b) persons who filed a IL
„ ÍUZ
for
evil
if
permitted
to
dictate public
¡0.
Do
members
or
vetaran«
of
the
.....
.
—
____
____
__
,
—
i
,**■
members
or
veterans
of
the
1040
by
January
15,
it
will
serve
both
Declaration Of Estimated Tax, but
—
wish to change their estimates, (c) armed forces have to file declara - as a declaration and as a-return, and opinion.
lions? Not as to their pay for active no further filing on your IMS taxes
persons who should have filed a Uons?
the armed forces (except will be ns re a ssr y. However, if you
1945 Declaration but have failed to service in Jh®
do so
-.
1 y**aiar officers servings within the file a declaration (Form 1040-ES),
4. DM everybody have to file a
Ji ±7 you must also file your regular re
turn not later than March IS. ..
1945 Declaration? No, only persons
whose wages last year exceded other
*
4. Do I have to file an estimate for
the new year, IMO? For IMS, the
$5,000 plus $500 for every exemption . Olner laxp“yer „ .
"What is the automobile situation?*
rules will be the same as last year.
except their own and persons who 1
Haw *- **-“__ Vaar T»«
426 W. Front Street
You
will
have
to
file
a
IMO
Declara
This
question is asked many times
had over $100 income outside of
.
th.
wages from which tax was withheld o.vers PJho must file ■ Declaration tion if you expect wages subject to every day in the offices of the Small
..„„min« Mr cv.r.U
J?®™« T.TAiu.'S'li X» withholding to exceed $5,000 plus
5500 for every exemption except your er War Plants Corporation.
at least $500).
do I estimate my tax for last year’ own, or if you expect more than 5100 ” Only recently figures were re
5. What are some examples? A Estimate your income far IMS and of other income (assuming your over leased which should convince the vet
wageearner with a wife and one child then figure the tax by the same meth- all income is $500 or more).
eran that he has but little chance to
tias two exemption besides his own,’ od you use to compute your exset
5. When do I file my 194« est
and if his wages exceeded $4,000 tax on your annual return.
imate? March 15 if you are not a secure an automobile.
($5,000 plus $500 plus $500), he had
2. Are there any special work- farmer; January 15, 1M7, if you are
These figures indicate that the
to file a 1M5 Declaration. Also re- sheets or tables to help me estimate? a fanner. But do not confuse these number of serviceable passenger au
quired to file were merchants, land- I You don’t need any special sheets. dates with the deadline this January
lords, lawyers, doctors, and others Use a. copy of the regular return 15 for completing your 1M5 esti tomobiles in the service of the Army
who received income from which tax blank. Form 1040.
would not exceed 15,000, while those
mates. ♦
was not withheld.
8. If I use the regular return
fl. Suppose I don’t want to change in the Navy would probably not ex
blank.
Form
1M0,
to
figure
my
tax,
Why is January 15 a special date
my IMS estimate, but have an in ceed 5,000. Each service has indi-
for farmers? Other taxpayers were can I file that Instead of an estimate stallment left to pay. When is it
csted that they will be releasing but
form?
If
you
fill
it
out
like
a
rygulgr
required to file declarations last
dug? Also January 15. In this case,
March, but the law specifically per- return ana use exact figures (not es too, if you file your annual return . few of these cars.
r milted farmers to wait until the ns$R i timates), you can file Form 1040, and by January IK
Ttogig^^H
5, you ~ may
pay the ’ Government Bodies Fljrst
lann.rv IS.
it will serve both as the declaration amount called fc.
January
for by __
the return ln-
But suppose that they did release
due
now
and
as
the
return
due
March
stead of the installment.
Me. 1
even up to fifty per cent of these cars.
IS.
Hew to FUe New er Amended
4. Part of my tax bill is paid
The first priority group, namely; the
■e
federal government agencies, and the
1. If I must file a IMS Declaration through the tax deductions my em-
makes from my paycheck. Do
of Estimated Tax on January 15, floyer
state, county and city governments
have
to
pay
the
estimated
tax
on
what form should I use? You have a top of that? You pay only the dif
I would take at least half of this group
choice between filing an estimate on ference between the withholding tax
of cars, which would leave rougly
Form'1040-ES and filing your an4
your total tax.
4,000 cars that would be available to
nual income tax return on Fotm 1040. and
----------- I I - ,------- -- - |------ T
-
5. If I am changing an estimate
You can get either form from the and have already paid some install
the veteran.
The radio proved its political value
ments, how do I take credit for those
Today every one of the 110 district
payments? If filing Form 1040-ES, during the FDR administration when otticeg Over the nation have at least
write the total amount on your pay it was used with telling effect to on. thousand
~ ■ applications
-■
now on
ments on line 5. If filing Form 1040, creste
create favorable public opinion on hand for automobiles'
automobiles. So you can
write the amount on line 7(B), page
controversial measures wanted by the -eadilv
readily see ther(i is utUe rhance for
"ahlaF kwa »■ ■Ji'i i ■ » ^A J—1—_ a *• 1 ”
*XtCUUv*-
Mr you obuining the automobile you ao
was far too high, arid I have already Truman have persuaded hJnl
_ 4 in your business,
___
fc-y ^ad!ylMe
through
paid more than my correct tax for this same technique in an attempt
kttMnnl 4^
to1 G^emmentS^rolus' No
IMS. Can I get a refund nf the dif overcome the opposition that has kept ^f^pXaonaluse.
ference? Yea, by filing your regular overcome the opposition that has 1___ ____
return and showing the amount of his legislative progran^rflrom getting
•Bookkeeping
.overpayment in line 8, page J, Form anywhere. The timing is excellent D
I kJ
a ;
¡1040.
• Payroll
while most member of Congress
rCrSOnal AROnriOII
No. 4
home to be quickly Influenced by NaVy Man Released
How to Avoid Penalties on
• Social Security
constituent opinion which the presi- { Robert Benjamin Harris, Ship’s
Year Estimate
1. Assuming I had enough income dent hopes to incline his way.
• Withholding Tax
¡Serviceman, L third class, 447 North
. in 1M5 to be required to file a declar-
Use of the radio in direct appeal to coulter street, has been released from
I
ation,
is
there
a
penalty
for
failing
to
• And other burdensome
the U. S. Navy, offl-
I file or pay the tex due on a declara the people requires special talent in ,cOve duty
detail •
tion? Yes. The penalty is five per
"nd delivery of ***• text 'cials of the Bremerton port have an-
i
| cent of the amount due and unpaid, Whether Mr. Truman has thg»knack nounced
NEED NOT BE A WORRY! I plus one per cent for each additional for this sort of thing remains to be
month—the total penalty not to ex-
Because this may be taken I | ceed
10 per cent of the amount un- proved. Language must be epigram
care of to your entire satisfac paid.
matic, ’ terms general enough to im
tion —' at a very reasonable t 2. Is there a penalty for estimating ply wide , meaning without definite
my tax too low? Yes, but only If you
cost.
underestimate your tax by more than commitment, and a generous spicing
33M> per cent if you are a farmer, or of dramatics must be sprinkled over
by more than 20 per cent if you are all. The aim is appeal to the masses
not a farmer.
3. How much is the penalty for un- of people who customarily follow
derestimatidgY' The penalty is six current events only in press head
per cent of the difference between lines or movie news-reels. At least
your estimate and the correct tax these are the ingredients of previous
141 8. CoUiei
(but not to exceed the total difference
between your estimate and 84% per fire-side chats which we can con
Coquille
cent of the correct tex if you tare a fidently expect to be the pattern.
farmer, or the total difference be
Proper use of this radio privilege
Sorry, Our
tween your estimate and 80 per cent will benefit democratic government
of the correct tax If you are not a
if such speeches are the honest, sin
fanner).
4. Suppose I filed my IMS declara- cere expression of what the presi
dent had in mind.
They afford a
means of direct communication with
many members of Congress whose
acquaintanceship with the president’s
views is largely second hand. A
r>c’t INSÙ UNCÍ
hostile press can be by-passed if it
11 arel to
< ir
is unfairly serving up the news ob
liquely. But a superhuman degree of
moral integrity is demanded of the
president to keep such speeches on
a high non-partisan plane to insure
the respectful attention hie office
merits. The services of the presi
dent belong to all the people and not
exclusively to the majority who
electedSiim.
Most issues before our legislative
bodies require careful study before
forming final opinion. A wise pro
vision of our republican form of gov-
against ill-advised legislation by es
tablishing legislative representatives
as a first line of deefnse. With few
exceptions the members of the Con
gress and the several state legisla
tures are public-spirited citizens of
proven worth. It stands to reason
that their combined, carefully con
sidered judgment is more apt to hit
the mark than the snap judgment of
the common citizen on issues unfa
miliar to the general public. But on
issues i requiring accurate appraisal of
public opiniorfl
opinlori”the representatives are
at a disadvantage unlees they have
the cooperation of home folks.
|
u
of Internal Revenue
Refrigeration Equipment of All Kinds
g * rnier ' s U m
rjaF5»“
No Surplus Cars
To Go To Individuals
To the Small
5
Business Man
Hoover's Business
Service
rnie Smitl
Ernie Smith
What! About
Your Water Supply?
Do you have HARD water?
„ Does your plumbing rust?
Do your coils clog up?
Does your water taste, have color,
or cidor
You have a WATER problem
See us about FREE water analysis
* and correction of your trouble.
CHAS. F. WOOLDRIDGE
►'
MYRTLE POINT
Phone 1OTM
Representative government con-'
templates responsibility on the dti- ,
ten to keep himself reasonably well
informed and to make hia opinions,
known to his representatives. The
tatter are eternally subjected to pres-
REFRIGERATION
SERVICE