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IIS Questions And Answers
Thi* column of questions and
answers on federal tax matters
la provided by the local office of
the U. S. Internal Revenue
Service and is published as a
public service to taxpayers. The
column answers questions most
frequently asked by taxpayers.
Q. My brother, sister, and I
each help pay for my mother’s
support. Can any or all of as
claim her as a dependent?
A. If none of you contribute
more than SO per cent of your
mother’s support, one of you
who individually contributes
more than ten per cent may
claim the exemption. Each of
the others must file a written
statement that he or she will not
claim the exemption for that
year and these statements must
be filed with the income tax
return of the person claiming
the exemption. Form 2120 may
be obtained for this purpose
from your Internal'Revenue
office.
Os course, the person who
claims your mother as a
dependent must meet all the
other dependency tests and,
together, all of you must have
contributed more than half of
your mother’s total support.
For more details, see IRS
Publication 501, “Your
Exemption and Exemptions for
Dependents.” It’s available free
from your nearest IRS office.
Q. I’m going to school under the
G.I. Bill to take some courses I
need for my job. I know I can
deduct my educational
expenses, but do I have to
reduce any deduction by the
tax-free amounts the VA pays
me for tuition and books?
Shine.-On! It's The Look Os The Seventies
Have you ever run into
an old friend and sensed
when she said, “My, you
haven't changed a bit!” that
it wasn’t exactly a compli
ment? Then maybe it’s high
time that you stopped mark
ing time and stepped into
the shining seventies.
JSr
V'
The no make-up looS
pale face, subdued lips, flat
colors and monochromatic
eyes went out with the six
ties. And so did every-strand
in-place hair. So if you sus
pect that the man in your
life doesn’t even know you
own a lipstick and he goes
on and on about your look
ing so wholesome-he’s prob
ably just being tactful. It’s
time you took a look at the
cover girls and realized that
natural doesn’t mean plain
Jane. Their faces are all
shine, all-gleam, all-gloss.
And their hair is beautifully
alive-swinging loose and free.
Fortunately, it’s a snap
to update your look from
the soft-focus sixties to the
shining seventies...now that
Cover Girl has a new collec
tion of cosmetics with built
in brightness and gleam. It
begins with Super Sheer Liq
uid Make-up smoothed on
all over, to gently polish and
even out the natural glow
of your own skin tones. It
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A. No. You are required to
reduce your deductible
education expenses by the
amount of tax-exempt
educational benefits received
from the VA.
0. I’m ready to settle on a new
house, but I haven’t been able to
sell my old home. I’m thinking
of taking out a Joan to settle on
the new heme and pledging the
proceeds of the sale of the old
house as security for the loan.
Would this arrangement have
any effect on whether or not I
can take advantage of the
provisions of the tax law
postponing tax on the profit
from the sale of a residence?
A. No. This loan arrangement
would have no effect on your
ability to postpone tax on the
gain from the sale of your old
house, if within one year before
or one year after the sale you
buy and occupy another
residence whose cost equals or
exceeds the “adjusted sales
price” of the old residence. (In
general, the “adjusted sales
price” is your actual selling
price minus selling expenses
and fixing up expenses. For
more information, see IRS
Publication 523, “Tax
Information on Selling Your
Home.” It’s available free from
your nearest Internal Revenue
office.
The phrase “catch as catch
can” originally referred to
a style of wrestling.
makes your complexion look
fresh, clean and young.
The next step is to add
happy, healthy, sunshiny
color - and the newest,
most natural way is with
Cream Shine Blush. The col
or seems to come from be
neath the skin because it’s
pure, see-through color-not
artificial paint-like rouge. So
you can let yourself go and
use more than one shade.
For instance, Sunlit Peach
to highlight cheeks and
forehead, then a faint touch
of Fresh Rose around the
hairline.
Shiny Shadows, creamed
on lids and right up to the
brow, light up the whole
eye area with soft, lustrous
color. The newest shades
are Earth Shine and Pearl
Shine for deep contours and
sparkling highlights. A cover
girl trick is to smudge the
shadow a little beyond the
outside corner of the eye
to elongate it. At night,
Deep Black Liquid Eye Liner
along the top lashline and
huge amounts of Deep Black
ThiCk-lash Mascara brushed
on both upper and lower
lashes give eves that sooty,
mysterious look.
The seventies mouth be
comes your bright new
punctuation mark with new
Super Gloss Frosteds. You
just finger tip them on from
their own little pots. Not
only do they make your
mouth shimmer and sizzle
but they soften and smooth
tender lips, too.
Just wait until you see
your old school chum again!
She may be too much of a
spoilsport to say anything
but you can bet she’s think
ing how much younger and
more beautiful you look
than you did several years
ago. So don’t be surprised
if you catch her rummag
ing around your dressing
table trying to find out
your secret.
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