Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 29, 1958)
PAGE FOURTEEN HERALD AND NEWS. KLAMATH FALLS. OREGON WEDNESDAY, JANUARY 29, 1958 Income Tax Tips Edilor'i Note: Choosing the fed eral income tax form which will provide the greatest possible sav ing is discussed in this article. Prepared by the tax information committee of the Oregon Associa tion of Public Accountants, in co operation with the National So ciety of Public Accountants, tms series is being carried as a read er service. SELECTING PROPER TAX FORMS While it may I e e m like an odious comparison, filing the fed eral income tax return is like play ing golf in some respects: The form you use helps deter mine the score. The best possible form helps achieve the lowest pos sible score. In filing your 1957 return you State Traffic Toll Hits 464 Oregon's 1957 traffic death toll was edged up to 464, two more than originally tallied at the end of the year. The higher toll involved the death of a person injured in an October crash and the delayed re port of a December fatality, the Department of Motor Vehicle's traflic safely division reported today. The October death, the division said, illustrates the fact that injury in a little publicized traffic acci dent can mean months of hospital ization before eventual death or recovery. The month-by-month death toll now shows January, 27: February, 2; March, 36; April, 32: May, 33; June, 45;' July, 30; Aliens' 47; September, 45; October, 42: No vember, 58; and December, 40. Officials said it appears the Jan uary death toll for this year will almost ' certainly equal and may top the 27 recorded for that month last year. Through January 22, 22 deaths had been reported. SOX DISPENSER EL .niJNO, Okla. W-Bob Evans got tired of having to hunt around for his socks in the drawer, so he has come up with a gadget "sox box." It's a little wooden box that works like a candy ma chine except that socks come out of the bottom, and they're free. Evans designed the 16-inch long box- to hang on a wall and the wife just rolls the socljs up and . loads tho box from the top. Hubby gets a fresh pair from the bottom. have a choice of forms 1040-A, short form 1040 or long form 1040 You cannot be sure which is the most advantageous until after you have filled in that form, taking advantage of every deduction that fits you, then make your decision on the following basis: IO40-A Employe's optional re turn: If your total income was less than $5,000 and consisted of wages reported on withholding statements (Form W-2 and not over $100 of other wages, divi dends and interest, you may use form 1040-A. If you had income from other sources, you may not use form 1040-A but must file your return on form 1040. If you use form 1040-A you have a choice. You can figure your tax from the table in the instruction sheet, which allows $000 for each exemp tion and about 10 per cent of your total income for charitable contri butions, interest, taxes, casualty losses, medical expenses, and oth er miscellaneous items. If you owe a tax you must send it in with your return. If you have a refund due, you will receive a check. Also, you can just ignore lines 11, 12 and 13 of the 1040-A form and Uncle Sam will figure your tax and send you a bill or a refund check. If you owe some tax, this is a good way to get some extra time in which to pay it. You and your wife may file a joint return on form 1040-A if your combined incomes do not exceed $5,000. You and your wiie can file a joint return even though one has no income. 1040 Short Form: If your ad justed gross income is less tha.i $5,000 and your itemized deduc tions are less than 10 per cent of your adjusted gross income, you should use short form 1940 and find your tax on the table in the instructions. 1040 Long Form: If your ad justed gross income is over $5,000, you must use this form and cither take a standard deduction or itemize deductions. If your item ized deductions are over 10 per cent of your adjusted gross In come, it will be to your advan tage to use this form, regardless of the amount of income. To assure any benefits of the split-income provisions, you and your wife should file a joint re turn. Both you and your wife must sign a joint return. One spouse cannot file a long form 1040 anil take all the deductions and the oth er spouse file a form 1040-A or take the- standard deduction or use the tax table. You are expected to pay your income tax on the basis of the lowest figure possible; therefore, you should choose the form that results in the lowest tax for you. consultation with your public ac countant may help you deter mine which form provides the greatest "tax break" for you. V 3 t's' r -'v'r ' V; "l: - K-y RUTH GUSTAVSON, center, newly arrived from Minneapolis, has accepted the position of Klamath County home extension agent, left vacant some months ago. She received her degree in home economics from the University of Minnesota and served in her field for seven years before coming to Oregon this month. She recently spent a week's orientation period at Oregon State College. With her are, left, Mrs. H. V. Borton, chairman of the Klamath County Home Extension Alumni, and right, Mrs. Lane Smith, chairman of the Klamath County Home Extension Advisory Committee. P.T.A. ROOSEVELT "A tonic for the January dol drums provided the peppy pro gram at the January 16 meeting of the Roosevelt PTA. As a pace setter, Mrs. Charles Larkin gave a delightful review of "The Din ner Party" by Grctchen Finletter Marianne Gallagher and Sally Han ville did the "Charleston," and an almost style show was pre sented demonstrating the appropri ate costume to wear on various unusual occasions. Models were Mrs. W. F. Scott. Mrs. Robert Harvey, Mrs. Noel Flynn, Mrs. William Ganong, Mrs. Robert Vealch and Mrs. Robert Kent. Mrs. Frederick Ehlers was commentator. Mrs. At Moore played the accompaniment for the models. Mrs. Arthur Farr, vice president, gave a report on the meetings of the family life study group. The next meeting will be Febru ary 12 at 1:15 p.m. Mrs. Art Moore will speak. Room count was won by Mrs. Scroggin's fourth grade and Mrs. Howe s sixth grade. Refreshments were served by the fifth grade mothers with Mrs. Wendell Smith as chairman. A Founder's Day program is planned for February IB at 2 p.m. 4-H NEWS DORRIS The 4-H Club met January 18 at the home of Benny Ademcc. Fourteen members were present. Mrs. Henry Newhouse presented the calendar of events to be ac complished this year and an nounced she would try to get the farm adviser to help with the club work, later on in the sum mer. Adeline Green, Helen Addineton. James and Carey Cavener are new members. Betty Hodnott was a guest. Refreshments were served. Ron Ademcc, News Reporter OLENE DAIRY CLUB The meeting of the Olene Dairv Club was held January 5, at the nome oi Alvin. Roth, Donald and David Born. Alvin Born and the club's lead er, Rex High, gave a very inter esting report on pellet feeding to dairy animals, and how success ful this new method has been on dairy cattle in the Klamath Ba sin and in Ihe state of Oregon. Mr. Ray Peterson, who was to talk to us on this subject also, was unable to attend. The record books for last year were handed back to the mem bers. At the next .meeting on Febru ary 2. which will be at the home of Dick and Steve Reiling, a dem onstration will be given to the club on how to make a rope hal ter. The president, Alvin Born, will try to obtain any of the mem ber's awards lor the 1957 Junior Livestock Show and will present them to the members at the next meeting. After the meeting, Mrs. Born served some delicious cake and pudding and punch for re freshments. Laila Wakkuri, News Reporter LANGELL VALLEY STITCHERS All 10 members of the Langell Valley Stitchers were present at the January 21 meeting. Mrs. Luther Noble was a visitor and brought the refreshments made by her and Mrs. George Fern lund. Mrs. Kermit Keysor will make the refreshments for the January 28 meeting. After the business meeting the girls all sewed. Almost all the girls are ready to start their sec ond project. Our leader Mrs. Louis Randall is going on a vacation. The girls hope she has a nice trip. Lydia Rosandich, News Reporter Civil Service Posts Open Examinations are now open for the following positions, the United states Civil Service Commission announces: Field representative (telephone operations and loans). paying entrance salaries of $5,440 to $6,390 a year, for duty with the Rural Electrification Administra tion of the Department of Agricul ture located throughout the United States: and for engineer (various branches), chemist, elec tronic scientist, mathematician metallurgist, and physicist, paying $4,480 to $12,690 a year, located at the Redstone Arsenal and the Army Ballistic Missile Agency, Huntsville, Alabama. To quality for the field repre sentative positions, applicants must have an appropriate experience or a combination of education and ex perience. For the engineer and sci entist positions, applicants must have had appropriate education and experience (for some engi neer positions, experience alone may be qualifying but the ade quacy of such experience will be tested by means of a written test. Education alone may be qualify ing for the lower grade positions. Further information and appli cation forms may be obtained at many post offices throughout the country, or from the U.S. Civil Service Commission, Washington 25, D.C. For field representative positions, applications should be filed with the Board of U.S. Civil Service Examiners, U.S. Depart ment of Agriculture, Washington 25, D.C. For the engineer and scientist positions, applications must be filed with the Board of U.S. Civil Service Examiners, Red stone Arsenal, Huntsville, Ala bama. Applications for both exam inations will be accepted until further notice. Ex-Navy Man Plans Protest Trip Into Bombing Areas- NEW YORK Ul-A World War II Navy commander plans to sail a 30-foot ketch into the Pacific nuclear bomb test area as a pro test against the tests. Now a 51-year-old architect, Al bert Bigelow of Cos Cob, Conn., said three other men will sail with him and remain in the test area "come what may." The tests' are scheduled for April. Bigelow and his compan ions plan to set sail from San Di ego, Calif., Feb. 10. Their ship is named the Golden Rule. "Primarily we're doing it from conscience,'" Bigelow said. "The tests are inhuman and unspeak able. They make us appear as mobsters before the world." He added: "They only increase tensions instead of lessen ing them." SMALL RETURN LAUREL. Del. Wi It takes a lot of chickens just to make "chicken feed" in the broiler busi ness, according to a University of Delaware poultry extension specialist. Silas McHenry says you need 30.000 broilers to reap a net income of only $300 a month, i The $4,800 annual costs include in addition to the birds and poultry house, miscellaneous equipment, taxes, insurance, repairs, paint ing, labor and interest on the loan. Bigelow is a pacifist and . a Quaker. The expedition is be ing sponsored ' at an estimated $20,000 cost by Nonviolent Action Against Nuclear Weapons, a com mittee of leaders of American pacifist organizations. He will be accompanied on the voyage by William R. Huntington, 50, St. James, N. Y., who also is an architect and a Quaker. Both men are grandfathers. Two other persons to sail with them have yet to be chosen. Bigelow and other pacifists tried to force their way into the Ne vada Proving Grounds during an A-bomb test last August and were arrested for trespassing but re ceived suspended sentences. What will Bigelow's party do. if the Navy simply tosses a Una aboard the ketch and tows it out of the test area? ; "There are the high seas," he replied, and the Navy has no right to interfere with a passing vessel. Bigelow, who will be the Guld en Rule's skipper, commanded three Navy combat vessels, in cluding a destroyer escort, dur ing World War II. BOB ROSS TV Service On All Makes NIGHT or DAY Phone TU 2-3479 Local Insurance Women Meet The Insurance Women's Associ ation of Klamath Falls held their last meeting in the Pelican party room Tuesday, January 21, with Fred House, of the General Ad justment Bureau of Portland, as guest speaker. House spoke on various phases of inland ma rine coverages. Mrs. Shirley Smith presided at. the meeting which was attended by 16 members and two guests, who were Ed W. Carrington and George W. Channel from the local General Adjustment Bureau. I O People Read SPOT ADS - you are rui BRING YOUR CLEANING TROUBLES TO THE HOOVER FACTORY EXPERT IN OUR STORE FRIDAY & SATURDAY Jan. 31 and Feb. 1 HAFTER'S FURNITURE Fri. and Sat. Jan. 31 & Feb. 1 1 A HOOVER FACTORY REPRESENTATIVE WILL BE IN OUR STORE TO ANSWER ANY CLEANING PROB LEMS YOU MAY HAVE ... COME IN DURING THIS BIG EVENT FOR A NO OBLIGATION FREE DEMON STRATION. SEE WHY HOOVER IS THE ONLY COMPLETE CLEANING TOOL MADE. NEVER BEFORE SUCH A LOW PRICE Limited Quantity Available the cleaner that "walks on air" No logging-no pulling Nojjlf gl.dcj smoothly on 3 wheels. Double ilretch hose k-ls you ckon full High! oi kitfi. Boy Now o this BIG SAVING! 100 HOOVER Convertibles to be given away by 7 Nothing to do but sign your name Get your entry blanks at Hafter's. lower Hoover Slashed The Price On This "Top-Of-The-Line" Cleaner SOLD REGULARLY FOR... 124.95 YOU SAVE 45.00! NOW ONLY SEE HOOVER - THE WORLD'S FINEST VACUUM CLEANER! i . If 83' 1 if a - - - - i i NINTH and KLAMATH AVE. f srf&iin -x r .- n Mk f&nTr PHONE TU 4-4878 p Vjp 31 vKff! vSTc