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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 18, 1958)
EIGHT MEDFORD (OREGON) MAIL TRIBUNE Husband or Wife Allowed to File Joint or Separate Income Tax Return v Editor's not: Following is the mnd of five rlitpatrhrs giving detailed explanation about filling out and filing the 1358 income tax forms. The series was written es pecially for United Press by Rus sell c. Harrington, commissioner of internal revenue. By RUSSELL C. HARRINGTON Commissioner of Internal Revenue "Written for United Press Washington W Being married may save you money on your income tax. The government allows you and your wife or husband to file a joint return instead of two separate returns. Very of ten you pay less tax this way but not always. The only sure way to tell which method costs less is to figure the tax both ways. Even if you filed separately last year you may file jointly for your 1957 income. It's up to you. Whether you file jointly or separately you use the same forms. Generally, if a cou ple's combined income was less than 55,000 either Form 1040 or the short card Form 1040A may be used. If the in come to be reported was $5,000 or more, Form 1040 is required. Forbidden in Some Cases In some situations joint fil ing is forbidden. These cases are relatively infrequent but should be remembered. They are: if you were divorced or legally separated on or before Dec. 31, 1957; if you are mar ried to a non-citizen who does not live in this country; if TRUCKS OF MANY TALENTS -how a more efficient job in bringing you good Behind your phone calls roll a host of trucks. Special telephone tracks. Their job: To save phone men valuable working hours as they expand and improve your service. In the top picture are two of the dozens of dif ferent kinds of phone trucks you might see any day in your town. A ladder truck, front, easily helps a phone man Eke Jim O'Neill pat the Working together to serve you better I you and your wife report your income on the basis ot different tax years (for exam ple, you report your income for a 12-month period ending June 30 and your wife uses the regular calendar year). Even if your wife had no income at all, you may file a INCOME TAX TIPS Washington (01 Tax payers often get a bill for additional taxes because of: Failure to report all com pensation for services, es pecially where no tax was withheld. Common exam ples are tips, money for odd jobs. Omission from the return of such taxable income as interest on bank accounts, stock dividends, rents, prof it on property sales. Claiming exemptions for persons who don't qualify as dependents. Taking deductions not le gally deductible, such as federal excise taxes, educa tional expenses, gifts to needy friends and relatives, cost of traveling to and from work. Claiming excessive de ductions for interest paid, taxes, contributions and medical expenses. joint return. And if you didn't marry her until New Year's Eve before midnight, of course you may still file a joint return. If your wife worked a lit 5 finishing touches on a new overhead cable. Or the huge straddle truck behind k helps us shift heavy cable" reels as if they were dough nuts. These trucks of many talents do big jobs faster than ever before. They do them better than ever before. AM told, they help us do a more efficient job in bringing you the good phone service yoa've come to expect. Th e men Vow buiinou 131 Tuesday. February 18, 1958 tle during the year and. earn ed less than S600; it will prob ably be to your advantage to file a joint return, rather than letting her file separate ly. She might get a refund by filing separately in this case, but you could not file a joint return and you would lose her as an exemption. (More about exemptions in the third dispatch. If your wife or husband died during the year and you did not remarry before the end of the year; you may file a joint return for the full year. And under certain cir cumstances the surviving spouse may claim the same income-splitting benefits of a joint return for the two years following. . Both Must Sign When husband and wife file a joint return, both must sign the return and both be come liable for any amount of tax owed. ( In filing a joint return you add both the husband's and the wife's income (if any) and list the exemptions and de ductions (standard or item ized) to which both are enti tled. Special tax rates are provided for calculating the tax you owe, if you file joint ly. The rates are figured as if your joint income were split in half and you each paid the tax on one half. Keep in mind however that if you file separate returns and one of you itemizes his or her deductions the other must also itemize them. they help us do telephone service and worn en of . Pacific Telephone in Med ford N. Bartlett St, Tel. SP 2-6101 Whether filing jointly or separately if you compute your tax and find you still owe something you must send in with the return a check or money order for the full amount due. When you file jointly you attach both the husband's and the wife's Forms W-2 to the joint return. If you send in separate returns attach the right form to the right return. One tax item which affects couples more often than it af fects individuals is buying or selling a house. Pay Tax on Profit As a general rule, if you sell your home or any other personal property, such as stocks or bonds, you must pay a tax on the profit you make. There is an exception which applies in certain cases where you sell your residence. If you sold your home dur ing 1957 for a higher price than you paid in buying it and making permanent im provements on it you need not pay tax on the profit if you buy another home with in 12 months and pay as much or more for the new one as you got for the one you sold. If you sold your home and built a new one instead of buying an existing house- you have 18 months instead of 12. That is, you must move in within 18 months. If you buy or build a new house for less than you sold the old one, you must pay tax on part, or all, of the profit from selling the old. If you owned the old house for more than six months, the tax may be at lower rates. Report all of this in detail on a separate tax form, called Schedule D, and summarize it on page 3 of Form 1040. Later 1 will discuss deduct ing interest payments on the mortgage on your house. Jackson County Visitors View Library Jackson County visitors to "B-58,'? the first bookmobile for Oregon to be purchased with state and federal funds, during its Medford and Ash land exhibits Friday and Sat urday were very much inter ested in the potentialities of traveling library service, ac cording to Miss Rose David son, bookmobile librarian. Miss Davidson observed that many city residents liv ing near a public library re marked wistfully how much they would have enjoyed bookmobile service when they lived out of reach of city libraries. They were glad to know that rural readers could have books brought nearer their homes. ! The exhibit bookmobile is one of the smallest units now in use, it was explained. It has a capacity of only 1800 volumes. Some bookmobiles have Mon Desir Inn Selected For Tribe of Will Feast Ashland Julie Tummers, proprietor of the Mon Desir dining inn in Central Point has been selected by the Ore gon Shakespearean festival board of directors to provide the Elizabethan repast for the 1958 "Feasting of the Tribe of Will", according to Manager Bill Patton. The traditional opening night banquet, is annually staged in Ashland's Lithia 4 CLUB -Ml NEWS Thimble Thumbs Sewing Club The Thimble Thumbs sew ing club meeting was held at Ti,rl-r Snrft'e hmisp TVTarV 1 Anne Carnegie led the pledge to the flag and Michelle Ely led the 4-H pledge. Ann Par son was a guest. Mary Ann and Linda Metg gave demon strations on how to stitch a corner of material on the sew ing machine. We practiced threading and using the ma chine. The next meeting will be held at the home of Mi chelle on March 1. Martha Merriman, Reporter Chowder Chix Cooking Club The third meeting- of the Chowder Chix cooking club was held Saturday, Feb. 8, at the home of Joan Dobrot, Central Point. Members filled out their enrollment cards and discussed plans for a cake sale. The cake sale is being held in Faber's Market on Saturday, Feb. 22, at 10 ajn. The next meeting will be held on March 8 at Joan's home. Nancy Inman, Reporter Resolution Passed Favoring Hospital A resolution favoring in stallation of a veterans hos pital at Camp White was pas sed during the business ses- ! sion of District 5, Disabled (American Veterans here Sun day. The district includes DAV chapters from Klamath Falls, Grants Pass, Roseburg, and Oakland, Ore. Department C o m m ander William Manley, Eugene, was reported to agree that a hos pital should be installed at Camp White. This concurs with the opinions expressed by department commanders of other major veterans organ izations of the state as well as the . Oregon state Grange. The district also approved the resolution originated by the Medford DAV chapter oppos ing installation of paid TV. This would interfere with free viewing privileges of hos pitalized veterans or other un able to pay for worthwhile programs, the resolution stat ed. June 11 through June 14 were, set as the dates for the state convention scheduled for Medford. The next meeting of District 5 will be held in Grants Pass during May. Local Salesman Receives Award Philadelphia, Pa. Sam T. Richardson, Home Appliance company, Medford, won an award in the Major appliance division under the Creative Retail Salesman of the Year contest for 1957 in the Ap pliance - Radio - TV industry contest. Richardson was presented $125 and a bronze plaque for submitting the best selling idea in his division. The award was presented at the National Appliance Retailer Dealers association convention banquet on Jan. 13. The grand prize of the $500 and a silver plaque went to Tom Sanders of Innes, Wichi ta, Kans. for submitting the best selling idea of the year. Bookmobile shelves for as many as 3000 volumes and working space for a staff of three a driver, a clerk,' and a librarian The books with which the "B-58" is stocked are for exhibit only but will later be awarded to an Oregon library by the state library board. Following its Jackson County showing the mobile library will tour a number of routes in Josephine ' County Feb. 17 to 20. Donald Bunse, driver, and Miss Davidson will then return the vehicle to the Oregon State library, which has arranged the ex hibit tour with the hope of demonstrating to rural resi dents of the state the advan tages of traveling library service. Upon completion of its tour the "B-58" will be awarded on a loan basis to Astoria for inauguration of a bookmobile service project. park prior to the season's pre miere performance. This year's fete is slated for the evening of July 28 in line with the theatre's newly ex panded season. The four-play schedule opens that night with "Much Ado About Noth ing." Following will be "King Lear," "The Merchant of Venice," and "Troilus and Cressida." This group of plays will rotate through Sept. 4. v Mrs. Tummers said the menu will be in the Mon Desir manner and will in clude hot roasted meats, sal ads of garden greens, fresh breads, and the rare herbs and spices that characterize the event. ' Special dignitaries and guests, representatives from press, radio and television and the playgoing public will be invited. Brightly costumed madrigal singers will per form. Other entertainers now scheduled include the festival dancers and the popular Ash land Kilty band. Tickets v for the banquet may be ordered at any time with the deadline set for July 15 for mail orders. Gen eral manager William Patton urged all reservations be made as early as possible. Men0ld.t50.r60! Recharge body's batteries -Feel Younger Fast! Thousands who feel weak, worn-out at 40, 50, 60 blame fading vigor on premature ageing. The real cause may be the lack of invigorating iron and Vitamin Bi, needed to recharge the body's batteries.Thousandsar amazed at way potent, new and improved Ostrex Tonic Tablets pep up Hood, cells, organs. In a single day, Ostrex supplies iron equivalent to 16 dozen raw oysters, or 4 lbs. of liuer, or 16 lbs. of beef. Ostrex also gives therapeutic dose Vitamin Bi to steady nerves, increase energy, vim, vigor, vitality 3-day "get-acquainted" size 69e Or get Economy size and save 91.67. All druggists. Free Election Scheduled For All Argentinians Buenos Aires (IP) More than 10 millibn Argentine men and women go to the polls a week-from Sunday to vote in this country's first really free election in 30 years. The only notable restric tion affecting this year's vot ing is the ban on the Peronist Party formed by ex-President Juan D. Peron and its 1, 500,000 to 2,000,000 members Chrome Tonnage Listing Ready ' Information as to tonnage which remains to be purchas ed under the Domestic Chrome program will be made available on a weekly basis, it was announced by R. E. Reno Jr., regional direct or of the Defense Materials service. This will be done so ship pers in this program may be fully aware of the pending termination of both the Grants Pass and the carload program, he explained. Beginning immediately a phone call to the Grants Pass depot (GReenwood 6-5098) or to San Francisco, Calif., (YU- kon 6-3500, Ext. 453 or 452) will be given latest informa tion. This report will be avail able Tuesday afternoon and will include shipments re ceived as of the close of busi es the previous Friday. ; to i W. H. PYLE, Commercial Agent Room 5, D'Anjou Bldg., Medford, Ore. SPring 3-561 6 CHICAGO, BURLINGTON & QUINCY RAILROAD These two eseaped-but 70 million others re main captive behind the Iron Curtain. And these are tie people at whom Radio Free Europe beams its daily broadcasts. Escape is not its aim. Radio Free Europe penetrates the Iron Curtain to spread truth ... to strengthen hope and resistance. Said the youths above, "It ( Radio Free Europe ) added courage and strength to strained nerves." "It offered us ... a hope for a better future, said a young nurse who fled to the West Support Radio Free Europe Send yowr Trvffc are free to vote as individu als. There are 13 candidates for president, although only two Ricardo Balbin and Arturo Frondizi, nominees of rival factions of the Radical Party are really conceded a chance to win. Thousands of other candi dates seek election as nation al senators or congressmen, provincial governors and leg islators and local councilmen. The campaigning has been orderly, with no major vio lence reported anywhere in the country, although recur rent strikes and sabotage have Changes Slated For Photo Contest Important changes in the Kodak high school photo con test more than double the cash prizes offered students, according to Brainerd's Stu dio and Camera shop. The local store has provid ed entry blanks and give in formation to the local high school. New rules call for elimina tion of competition between grades and will mean more entrants, it was explained. National cash prizes rang ing up to $300 will be award ed in the four classes of entry for each of the four high school grades plus $10 in cash prizes for runners-up, com pany officials said. theSign of Dependable Freight Transportation MEDFORD MAIL TRIBUNE created some tension in the political atmosphere. Despite a 40-day ban on strikes, decreed by the gov ernment on Jan. 28 in an ef fort to prevent labor trouble from interfering with the campaign, a walkout by 65, 000 bank clerks is now in its fourth week. ' Provisional President Pe dro E. Aramburu is a regular army general whose path to the Argentine "white house" was paved by a revolution and a coup de-etat. Aramburu has been de nounced as a "tyrant" by the Peronists, but in fact he has been bending over backward to insure a free election. Neither he nor any member of the Cabinet through which he has governed Argentina since 1955 is a candidate in next Sunday's election. A score of Peronist political weeklies, on open sale on Buenos Aires newsstands, reg ularly assail the Aramburu "dictatorship." Every party contesting the election has been given free radio time to state its case, and the larger parties have been able to get free tele vision time as well. Argentines have seen noth ing like it since 1928, when Gen. Jose F. Uriburu over threw Radical President Hip- olito Irigoyen. No election here since that time has been entirely free of restraint. Edmund Vice-Presideiir Heme Northwest Sine 1913 HOTEL MEDFORD LOBBY Consult With Mr. Hass on INVESTMENT and RETIREMENT Programs - Using the Securities of . . . Utilities Banks Insurance Industrial Investment ' 1 Company Shares. Dependable Incomes of 5 to 6 Cm Be Obtained: 'Other offices in Portland, Salem, Eugene, Seattle, Spokane, Tacomai Aberdeen, Bellingham, Yakima, Wenatchee and Walla Walla. They had nover flown beforo. But early one morning Zdnek Machilner, 19, and Karel Kucera, 20, tied up a Czech guard and wobbled to the safety of West Germany in a stolen plana. "Everybody is listening even the Communists," said an escaped Czech skating champion. From 29 powerful transmitters, Radio Free Europe broadcasts up to 20 hours of truth a day to five key satellite countries Poland,. Czecho slovakia, Romania, Hungary and Bulgaria. And how the Communist bosses fear it I Each dollar you contribute of Truth on Radio Free Europe. How many minutes will you giver Dollars to: CRUSADE for FREEDOM 4 local tumult Medford Student 1 Gets Scholarship j Cambridge, Mass. William Howard Frake, 22 Richmond st., Medford, and freshman at Harvard university, has bee named as one of the 14 under graduates at the university awarded scholarship this year, according to the university news office. C Frake received annual scholarship donated in thp memory of Richmond Talbot, class of 1835. ' ' - Harvard's most prized award, the competitive Na tional scholarship, was given to three upperclassmen. All scholarships other than the National scholarships are Har vard college scholarships. .:' Many Oregon undergradu ates also receive aid in meet ing educational costs through, long-term loans and part-time employment at the university. Exams Announced By Civil Service : Examinations ; have been announced by the U. S. Civil Service commission for .agri cultural marketing specialist, 1 fishery marketing specialist. and agricultural market re porter. The positions will be filled in the department of agriculture, U. S. fish and wildlife service and other fed eral agencies throughout the country. For information contact Chester W. Silliman at the post office building in Med ford. ... Hass Company Phone SP 2-8379 " sponsors a Minute em v ?. ... vamm:.w Use Tribune Want Ads V