PAGE FOUR-B
TAXPAYERS ASK IRS
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Mntae aai la pablUhed u a
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' Q. What do you mean
when you say all W-2’s
must be attached to tax
forms? Do you need all
the copies my company
gave me?
A. Only one copy of the
W-2 should be attached for
each job reported on your
tax return for 1968. One
copy of the form should
be kept for your records
and the other may be re
quired for your state re
turn.
Q. I’ve heard that hos
pital and medical insurance
premiums get special tax
treatment What is it?
A. Half of the premiums
you paid for hospital and
medical insurance up to a
maximum of $l5O can be
taken as an itemized de
duction without regard to
the 3 per cent limitation
that applies to medical ex
penses. All other medical
expenses, including the
balance of any medical in
surance premiums, have to
be reduced by 3 per cent
of the taxpayer’s total in
come before they can be
deducted. Look on page 7
of the 1040 instructions for
further details.
Q. Do you have to be
married to file as a head
of househld?
A. No, you must be un
married (or legally sepa
rated) at the end of your
tax year. A single person
can qualify as head of
to (dftememtwi
By MARVIN BARHAM
Many years ago Froude said: “Os all the evil
spirits abroad at this hour in the world, insin
cerity is the most dangerous ”
We see so many people who are not sincere.
They fill positions from governmental spheres
down to person-to-person levels. Someone has
said that if you are too sincere you are regarded
as weak, and you can be exploited and maneuv
ered by the hard-core individuals in the world.
We don’t agree with this thinking. It is still a
good feeling to meet people who are sincerely
good and honest. It is through the “holding-on”
of the sincere people in this world that the des
tiny of man can and will be reshaped. It is
through the efforts of sincere people that we
can say—“ God has truly blessed our land.”
OUR THOUGHT TO REMEMBER: “Through
your own sincerity—you can control your in
fluence.”
Colonial Funeral Home
Edenton, North Carolina
The Good Old Days
Recollection
This electric toaster was the cat’s
pajamas back in 1926.
Connect it to a handy electric
light socket, and for a mere 7< per
kilowatt hour it made toast right at
the table while you watched. (Since
it wasn’t automatic, you either
watched or you ate black toast.)
There’ve been a couple of big
changes in the 43 years since then.
Electric rates are down, for one
thing. From 7< a kilowatt hour in
1926 to only 24 today.
And toast pops up.
Vepco
The good old days are now. ,
— '—. .
A|
household if he or ahe fur*
nishes over half the ootft
of maintaining a home as
the principal household for
a dependent relative or an
unmarried child, grandchild
or stepchild, even though
the child is not a depend
ent. However, a depend
ent parent need not live in
the same home.
Q. I turned 65 last
month. Can I take the ex
tra exemption for age on
my 1968 tax return?
A- No, your age for tax
purposes is what it was on
the last day of your tax
year.
Q. Can I add the sales
tax I paid on my car to
the amount listed in the
state sales tax tables?
A. Yes.
Q. I have to pay on
both my 1968 return and
my 1969 declaration. Can
I just write one check for
the whole amount?
A. It is advisable to
write separate checks or
money orders for the two
taxes to make sure your
payments are properly cre
dited. Identify each check
with your name and social
security number and indi
cate the tax the payment
covers.
Q. Where do you report
profits from the sale of a
home?
A. This should be re
ported on Schedule D
which is available at local
IRS offices as well as
many banks and post of
fices. The instructions that
go with this form tell how
to figure these gains and
when they are taxable.
THE CHOWAN HERALD. EDENTOM. MOUTH CAROLINA, THURSDAY, MAT 12, 1N».
_ y a*^BfPi
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■■■ * 'iiSfe!
Land forming equipment moving soil to lower areas
in order to maintain a uniform grade or slope through
out the given field.
Land Farming Project
The land forming demon
stration held on B. P.
Monds’ farm last Thursday
was termed very success
ful Interested fanners
from both Chowan and
Perquimans Counties as
well 'as equipment dealers
'turned out for the event.
This type of land forming
or drainage land grading
was a first in Chowan
County although a few
farmers have performed to
some degree the practice of
land smoothing or shaping
in the past.
A detailed engineering
and soils survey was made
on the demonstration field.
This information was fed
into a computer which re
turned the appropriate de
sign including the most
desirable grade with the
least amount of earth to
be moved and the expect
ed cost of construction.
Field checks were made
during and after construc
tion to assure accuracy of
the completed project.
One may wonder why
there are such elaborate
plans and details as men
tioned above or just what
is the purpose behind land
forming. The idea or pur
pose is to provide a land
surface that will not only
remove water from the
field rapidly enough to
prevent flooding, but also
slow enough to permit
adequate infiltration to
take place. Land forming
eliminates pot holes, areas
of no grade and areas
with grades steep enough
to cause erosion. Soil is
moved from the higher or
hill areas and carried to
the pot holes or basin
areas in the rough grad-
Rright Future
Present indications are
that 25 countries propose
adopting or expanding
their use of nickel and
nickel alloys for coinage in
1969 or 1970. These changes
will involve 41 denomina
tions.
mg operation with pans or
scrappers. In the final op
eration the field is smooth
ed with a land plane to
provide a uniform on con
stant grade which enables
each row to carry its own
water to a designated out
let. This reduces the need
for surface ditches and hoe
drains, cuts down on ditch
maintenance and makes
possible larger fields with
uniform soil moisture con
ditions over the entire
field. The uniform ground
surface allows precision
planting and fertilizer
placement and makes har
vesting operations more ef
fective and efficient.
Russell Jenkins,
What makes you think
that the Peoples Bank
Master Charge Card
is better for you
than the others ?
»
Jt "Think? I know that Peoples
E _ Bank Master Charge Card is the JRp, BB
m best one for me. That's because . re
it offers me a lot more. Not
only can I use it at more than * n case Y ou don't know,
250,000 places throughout the Peoples Personal Credit is a
country, but also makes me P' an where can write myself
j-eligible for Peoples Personal a ,oan whenever I want to.
. ~ Mk. • ' B Credit. 1 P a Y only a small amount of
■'"■ -|| ‘iJfcc'l interest from date of transfer
i , »
v 1 ... , v ' { '
: t • *
to billing time and if I repay
the loan within 25 days after m JB M IB
receiving statement, it doesn't RL _ Wr
cost me anymore. Or. if I want, •!* Ci
I can spread my payments out j j
over several months through Come to think of it, my , AHb
my regular Master Charge Peoples Bank Master Charge
monthly billing. Card is I ike having ready money
my a ways
| even better than money."
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, Poet’s Comer
I (EDITOR’S NOTE: Below are
I me creative verb es etadeato
I to Ike Laaraage Arte Depart-
Ime a t at Edenton - Chowan
f School,).
HAPPINESS IS
By Patricia Rankins
s Happiness is the fulfill
ment of a dream,
Or wishing for something
that comes true;
Happiness is the bright
? side of a gleam,
|Or having something that
I comforts you.
| But most of all happiness
| is being contented
With whatever life has to
give,
Or accepting a kindly
present
Os hope and happy wills.
Happiness is knowing you
have a friend
On the days when hope
seems at its last,
Someone on whom you
can depend
To help forget your weary
past.
THE SEA
By Jay Brantley
I went to see the Sea,
As the little blue ship
went
Fast as the wind blew.
As I went I saw a place
That looked like a face.
And as I was looking
My fish fell out of its di_sh
And that’s my story
Os the Sea.
New Books At Local Library
New books ''received at
Shepard - Pruden Memorial
Library include the follow- 1
ing:
Fiction
Blood Sport by Dick
Francis.
Royal Escape by Georg
ette Heyer.
Shadows Waiting by Anne
Eliot
The Lost Ones by lan
Cameron.
Spur Line by Thad
Stem, Jr.
Non-Fiction
America the Beautiful by
Robert F. Kennedy.
The President’s Men by
Patrick Anderson.
MANN’S AUTO SALES & SERVICE, INC.
Hiway 17 North Dial 482-3112 Edenton, N. C.
OPEN I A. M. TO 5 P. M. • A. M. TO IS NOON SATURDAY
"s™ Auto Parts USED
SAVE 50% OR MORE
USED AND REBUILT WE
• MOTORS • STARTERS BUY
• TRANSMISSIONS • GENERATORS
• REAR ENDS • BOOT PARTS WRECKS
Cuba: The Making of a
Revolution by Ramon
Ruiz.
The True Believer by
Eric Hotter.
Remodeling Rooms by ,
Richard Day.
The Big, Spenders by Lu
ciu* Beebe.
How to Be Lazy, Stealthy
and Fit by Peter Stein
crohn.
American Negro Folk
lore by John Brewer,
comp.
The Hungering Dark by
Frederick Buechner.
Europe on Saturday
Night by John Gould.
Builders of the Old
North State by Marshall
Haywood.
I Am the Darker Broth
er by Arnold Adotf.
Women Alone by Isabel
Taves.
The Vintner's FMend
Nickel stainless steel,
because it is easy to clean
and resists corrosion, is
favored for equipment used
in crushing and fermenting
grapes during winemaking.
To protect the product’s
flavor, huge stainless tanks
are also used to store wine
after it has been aged in
wooden tanks and casks.