? IAD t?U V..iipr>l I,..:.. ?? !' 's j j 101 -t . ? V. ? . ' ?????- ? ' ' ?? Iimmm ??' wrui ??????? Untm i FORM 10<0 A OPTIONAL U. S. INyiV;:?AL INCOME M!5 VICTORY TAX RETURN ? CALENDAR YE/.il ,J43 Thi. f irm ma\ he u>cd instc'jJ of IVrrn 10 . ) ,e *cosi income ;s not inor^'l than j 5.000 anJ is only from ..he sources stated io items 1 -n J 2 b?.ov* J v .... < Soma/ J. J&A/ES f ? 7/ AU&MHr M'&t. r\rvs ClEJCK. sA^Z'- ! 2Z70J2Z-777 Si M ??' :i > '?>?<? ? ? * i .. ?. ? t _ Your Income Your Credit for i Dependents Your Tax Bill and Forgiveness What You ve Paid and What You Terms of Payment or Refund dec -?? ibrtaxt". Jue?, insurance, bonis, etc .that you receive J r.r ? s. ej Members of arme! ? ft rraJ .n ' "? '? * E ye v S~y/ ru ? j. TotJ ?. F.vr- -re ii ? Amounts you received in 194* .a dividends. interest, and annuities 3. N ? t i it- *?? . and 2 t 'get youx TOTAL INCOME and enter it here 4. L.sr persons -other than wife of husband -who on July 1, 194*. obtained their chuf n,ppo*f '"?n u t t were not rt IS. or were mentally or physically unable to support themselves N .~u " Otptndmi ___ ,v ? rj ? - - " ft'fj ? ? i MAS.? Joetss atutt/rea [_ j ? 4 from 'em F.-.ter t''e - Terence here Enter item * .f item 4 :s blank^ "6. s ? an v ? t at top whuh applies to you. Then, us.ng the figure i. cm table Enter the amouat here 7. ... :t. -r V..:jry tax on item } Enter the tax here 8. v. ? .i and ~ L *rr ! 9. :~c as.; -nt of tax here He* eve.-, before enter. ng 10. * 1 1 . r n . \ . .i C ' u ? f * <** it*? 8 oi> 9 u $50 ?f Ust larger T .. *> ?s the ' %+? n JV, ?hu.-.ever is fa 3 1 3 c c b \ the tax Enter it rr? | ..J>/..lyxL 1 2. A ? r ? -a. nere. This ;i your total income an J Victory ux 13, a Enter here your income and Victor/ taxes withheld b aorenpioftf ' l"7l^\ C i . ? . T.ts.j.- r {ember and December - \ : here ^2'? ^ |> I 14. If i i item 12 is i net .. .n item 1 3. > ou owe the difference. I? i. .it.: here, ii che payments ^ .?tcr. ??'?rite n ne and skip .tems 15 and 16 ["""15. ? --cp.o not ? }' - h 1 *. !'-? ;c. pa ment of the amount you o?'e up to one hall of item 1 lC. Enter the postponed amount here 16. ? .?- ? .. pa tu:n ? subtract item 15 from item 14) 17. , larger than your tax tern 12), enter the !.? rente You have overpaid > -r 1 tax by this amount '.c.* ^ *hat ? Re:.. me ' Cre^.t it on my 1944 estimated tax O A-rc-n < 4*00. 00 rltOo' OO ^5" too 2 5 Z f \oo : 3&r oo 2.24Q 00 /?<? oo S6 ?* A'7 21 _^?!Z7 JL17 01 2i o+\ i 2}8 07 J i J.I3 bl | ?zy 3? I lo 51 /3 *6 ? e~- - , : the be*t of my kn.?>Jge ?nd belief, u a irue. correct ?nJ complete returo. - 3 . X&i (? 'Sitmtwi) {T. ir - ? bo<h . h...u 1 .nj ? ? .. n.-,r be t.Sned bv !? Above >s *re >nt s de of Income To* Form I040A, f ed out by the Bureau of Internal Revenue to snow how an imaginary Jo*- Jones should do it Reverse side, not shown 1.1 the picture, contains tables to be looked at and a fe# more questions to be answered Step-Bv-Step Procedure For Filling Out Income Tax Form No. 1040A Tho Bureau of Internal Rev*' nue has made available the fol lowing example of >:ep-by-step pro< '-dure n fillm . Ir. >m Tax F m 1040 A J in J. Jone.N filler, ur is in c me tax return the . or day and f ".nd i* \v i- t ? ea-;er than ?? expected. Jones is a clerk H< makes $50 a week. H> . a vife and one mall child Becaa.-( me :ne lan $3,000 lie font.-: he ? ? : , 'e short f irra of income ' re blank, the one railed 1040A The >hor! form was written especi. for people like J one- who u>~n"'. lanre income- or e imp': -.red bu-: ness affairs On thi - form you don't have to figure ci- durtions and tilings like that because the form nives " ou credit f : m aver ag-n amount of 'hem. If you are like Jon? maybe it would help you with your own income tax return to see how he did it. step by step. First, Jones saved himself a lot of trouble by reading the instruc tions and the form carefully. Second. Jones made it easy by getting together the figures he would need. Hero are the figures ?? collected : a The amount f his 1943 ? ? . i amount of income ax and victory tax taken out of his wages by his empl yer. Ho got both of these figures from his cm; v.-r on a roct ;pt 'Form W J . -h tl'.c : t * ,t v vm' cm plo*. r must give you b. The amount of ^her in c in c. Jones /. ?d somt- money in a >av;:i; s account and in- made a note >f how muc':: interes* the i bank p.cd or credited him last year Th< imount f liis 1942 tax I .nd . ? ? >\v much he paid on it. ? 'ones copied : he.se figures from ? Form 1 1 25 > which was mailed him by the Collector of Internal Revenue Now. Jones was ready to fill , u? his return. He put ci wn his j name address. occupation and ocial security number. Now let's follnv what he did icrording to the number on the return form Ii.em 1 That's wages and : "r kinds of pay Jones cam ? d $50 a week last year, working is a clerk for the Henry Smith ompany in his home town. Of course, there were a lot of things such as war bonds, taxes, and un : >n dues deducted from his pay ?k every week, but Jones had .0 put down t. e lull amount of his w.i.-es. which came to $2,600. op posite the name of his employer. Tv:n 2 Here he put down the $25 interest he received on his .-avinps. Incidentally. Jones owns war bonds, too. but unless you elec to accure bond interest you don't. have to figure the in tere-* on war bonds until you cas :hem or they mature. It ? in 3 He added the $2 600 and tlie $25. It :n 4 J one - has a young <iau-. named Mary, so he w^.ro ::er name down and. as the form direr >. wrote his credit of $385 over in the money column. Item 5 He subtracted the credit e got for Mary from tlv last figure. Item 6 Ho turned over the form and looked over the boxes at the top of the page to see which one fit him. No. 4 was "it", and he put a cheek mark there. That mean; that jones would find his income tax in column C of the tabic Jones' figure in Item 5 on the front page was $2,240 He looked in the table for a line where that figure would fit He found a line which said "over $2,225 but not over $2,250". and then looked across to Column G, where it said $159 That is Jones* income tax and he wrote it in Item 6 on the front page. Have a Coca-Cola = Welcome home . . . a way to revive old times Among the things the returning soldier finds unchanged is the pause that refreshes with ice-cold Coca-Cola. Have a "Coke" says relax and be yourself. Around .'he world Coca-Cola stands for the pause that refreshes , ? has become the familiar greeting of friendly folks. ?OTTIED UNDER AUTHORITY OF THI COCA-COLA COMPANY ?Y COCA-COLA BOTTLING CO. ? Aaheville, N. C. It's natural for popular namrs to acquire friendly abbrevia tions. That's why you hear Coca-Cola called "Coke". Item 7 ? This time. Jones had to do some figuring at the bot tom of the back page, where it says "victory tax " On line * a" . e copied the figure he had in I: em 3 on tue other side, which was $2,625. On line * b" h? put '.us victory tax exemption of $624 Then he subtracted and put the . difference of $2,001 on line "c". 1 Then Jon< s noticed t ie two-lino table of percentages, found the percentage which fit him< mar tied. one dependents and put a .?irvle around it. His percentage i- 2.9. He was a little rusty on ; decimals, so he looked in the I ( xamples to see how to multiply ir - found he had to multiply I >2 001 by .029. an.! attain the ex imples helped him move the deci I mal points around to the right : urs Tliis arit unetic showed lm his victory t.ix was $58 03 i?\} lie wrote that figure on line d" on the tack page and the a me figure in Ilem 7 on the front ! pa<?e. Itrm 8 He added he two \ -? together and found the tax n his 1943 incorr. wi- $217.03. Item 9 He i i iv had made .' note of the fact t r is income for 1M2 wa 1*417. and he ?a: te it down here i : i : i " i ? 1 1 ' 1 1 1 : l hi ' 1 1 1 1 1 1 1 ! i it li tllllllllllllllllltlt'llllllill Item 10 The figure in item 8 was bigger ihan the figure in item 9. so he put the item 8 fig ure of $217 03 here. Item 11 Since the item 9 figure was smaller, he put that, figure in item 11 -A. Next he had io figure three-fourths of $84 17. which is $63.13 That's more than $50 so :.e put $63.13 in item 11 B Tins was the forgiven part of his tax. Subtracting, he found his unforgiven 1942 tax was $21 04 Item 12 By adding $217.03 and $21 04. Jones found his total rax was $238 07 That would be r. lot of tax for Jones to pay all at one time, but now we have a pay-as-you-go-system. and Jones .?oon found how that helps. Item 13 From the figures he prepared before he started to fill out his return. Jones put down in Item 13- A the $171.60 tax his em ployer took out of his wages, and put down in Item 13-B the $42 09 e had pai 1 on his 1942 tax He didn't have anything to put down in Item 13-C because he didn't have to file a declaration of es limated tax" lost September or De. ember. So he added up the ther two figures and found he had already pai i $213.69 of his tax. Illlll'lllllllllllllllllll;!1 iilllli:illll!IH!i||!!:' "IIHIir illllllllllllllllllllllllllllllll Item 14 ? That left the differ ence. $24 38. which is all Jones owed on account of his 1942 and 1943 taxes. Item 15 But Jones found he ; could postpone until next year ' what he owes up to one-half of the $21 04 he wrote in Item 11-C. Half is $10 52 and he writes that in Item 15 Item 16 That left $13 86 which is all that Jones had to pay before March 15. Item 17 ? Jones didn't put anything here because he didn't ave any refund coming to him. Now. at the bottom of the pace. Jones wrote the date, signed his name, and that was all there was to it. lie put the return, a check for $13.86. and the statement ?Form 1 125 > on his 1942 tax. in an envelope mailed it to the Col lector in his locality and he was square with Unclr Snm. HERE FORDS North Carolina Hereford breed ers ate sending 75 bulls to the Alabama Bull Sale on March 29. another market for Tar He* 1 breeder* in the Black Belt of Ala bama. >ays L. I Case of State Col lege. !l ,!lllll!!!l':ii,!ll1',l!lllli!l!ll!lll!Ili!!i!!,l|llllllllll!lllllllll!l!lilllll!!|lll!ll!lll!lll Thousands of tons of the new cabbage crop will be dehydrated this spring. The armed force.s will take about 6 million pound* and about 2 million pounds will go to Lend- Lease, chiefly Russia. Want to learn a skill? WOULD YOI' like to be a ra dio operator, a skilled stenogra pher, an airplane mechanic, an expert driver? In the Women's Army Corps you haw a chance to *et valua ble Army training ? training that may pave the way to bieeir pay. better jobs after the war. TODAY find out about all the W \C offers you ? the interest inK jobs, the chance to meet new people and see new places, and to help your country. APPLY at any iT. S. Army Re cruiting Station. Or write: T\\e Adjutant General. 4415 Munitions Blgd.. Washington 25, I). C. i Women in essential war industry irust have release from their em plover or the l\ S. Employment Service. ) R A Pf A IWQ YOU CANNOT CONCEIVE OF DHIVU/Ull J DURING WAR TIMES! The Following Articles GREATLY REDUCED WHAT - NOTS Formerly Priced at $10 New Only $7.25 Floor and WaLl Styles $12.50 BOOK CASES $8.00 CHAIRS In Variety of Styles Big Discounts $2.25 Value Hideaway Wardrobes $1.50 $25.00 Value Utility Wardrobes $18.00 $27.50 , Baby Carriages $20.00 $10 Baby Pens $7.50 Occasional Tables $1.25 up $ I 2.50 Glass Top Coffee Tables $9.00 BIG BUY IN MATTRESSES AND SPRINGS $39.50 Simmons While Knight MATTRESSES $27.50 $29.50 Simmons White Haven MATTRESSES $21.00 $18.50 Zepher MATTRESSES $12.50 $30.00 BOX SPRINGS $20.00 $39.50 Natural CEDAR CHESTS $29.50 $3.50 PICTURES, now only $2.50 $7.50 PLATE GLASS MIRRORS $5.25 IRONING BOARDS Special at $2.75 and $4.00 STUDIO COUCHES $45.00 up Other bargains in all kinds of Used and New Furniture VISIT US FOR ALL YOUR FURNITURE NEEDS PEOPLE'S FURNITURE CO. : J. A. Richardson Phone 240 Murphy, N. C. W. D. King

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