Newspapers / The Waynesville Mountaineer (Waynesville, … / Jan. 18, 1949, edition 1 / Page 12
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TUESDAY, JANl 7m PAGE SIX (Second Section) THE WAYNES VILLE MOUNTAINEER THE WEST DIGS OUT OF THE SNOW flhipcfinnc Amwprc Tn Aid Farmers On '48 Income Tax!CZS 1"' Lou Costello's Milk Bath Rates Tops In Movies Indians Held In Bank Robbery This is the fron articles concerning i ' i farmers of Haywood i ; ing out their I'.Mii l i .J. i in. tax forms. Question: 'A n. . .n ed in fjrm ir. -.ph.- v. ,. on the ca h ha , Answer: lor income t i ; farm income on the r.i-:i 1 i the sum of four groups ,,i r. m a1. The amour.' : . ' . ue of mi ! h. i proper' y i ( . . . : halt of live i k i tilt taxable v .i' i year- Thi- won j - dinary fori'. . ' ! made t!'i: in.: ' ' ing ln.it I, iv that Ju 1 1 li .i- 'i : . . po-. T! trick bnni.i : uf the t in:, t. dairy t .. . , , and '.n ;,ii. 1 t'. The amount I uliii '.; i proper' n sal- ..i 1 . '. cr. f. .:. : ia.-- ... , . taxah.t i-a. ' . Thii would be i . . i. ....... of crops and l.u -tin k , : sold for ta.-ii : 'i ..o : : products durir.g ;:,c crops or in .. k ... c ; : duced during the . . : Sensational New! ; i i ictcipt- from : i ported until He -old. I n, t he -ale ot any i.i i r item:. w Inch j i ' .i tor resale In i .1 under I his sec- j print ipally to .oe also cattle agents for feed . i ; ni to others , '.m i profits made i tattle or other 1 1 ha ed for resale, i! 'i income. Other h i Mules all mis ,i h i ecript - from i -i.it In m- work. ' ' ' . hue ol team. I in k olf the: iik." Anything .- i d ;ii -tead of i. 1 . .iled a- i II n! oi its mar- - i tie .alue of ' . ,i::.e(i in t tie j ! us ,1.1'ome? . ' I Ih, eost of u : - mu-t not . . ... ..ii-nv.s . . ..ilce ( Oi.t- ' .: c.er i-ir loss on a ' :,i!- -u;a be included I .:::.- ! 'isier: cs. hail or fire ins urine- not p is lor crops or animals) ji -;iued should lie included in ' me "Pettier the amount: is i jsh or cash equiva- j i f---i AUTOMOBILES ARE BURIED IN SNOW IN WYOMING BUZZARD ii- sy V-e i-i:".. Jji Vts. R i ti t n 1 1 ! Cl : i ' U 1 J - 1 u s, jr ssr i '.-t un J orin 1 '' ' :-fi iHl 1 4 SLOWIY RECOVERING from effects in many years, Chevcn,,e. Wyo., and i".i '.' r tr: ), :;tr -.pi .1 r iy i dov.-ii'i.-.'.n I.' 3 h . ( ', first snow tiny l.ac cvir u'.:i :i: . de- between tiie 1. 1 h ' the west y a!l n'l Ion. In . ',, : 'i ih:: ..J;.:iOto) EVERY TUESDAY 9:30 to 10:30 p. m. Over WWNC IT'S FUN! IT'S EXCITING! IT'S ENTERTAINING! Brought To You Uv Howell Motor Co. llaywood St. Wayncsville De Soto-Plymouth Dealer. i ileuses hi op " - i i ss in arriving at ' . i n orolit. This includes i i lor thi. cost of fertilizer, I' i J. Mi d hired labor, gas and oil, t,'i - nd insurance paid, and the I ke. I m oiisi s are also allowed for ih r;i i i it:on mi farm buildings, m ii In',, i v and equipment, and oth er i ii'ii il jiiveslMients. ,; i1 Wii;it t nc of txiicnscs ii : ..i d'K iihle : n-uii. Kxpen.rs for the farm home si-eli ps (,irs and insurance no the i.iriiiii's dwelling and con Inits .mil npisr, for sroerie, 'loll .nul ihr Hie not dc- iltu tihlr I irnsrs for certain items i i tin f.jroi liuinr such as electri- v Hid teli pliour may be divided li'tuern th" (.inn and the home ind the l.irm share (ledueted. Kx o eis lor .iiitumobile, if used part ly lor prison.il use may be divided 2rir-T - 5, i ,,;. . wi.iijwerWli'l. 'i""1"1'"1 TTMIW luwl'i- ' ' itf iir inriiiiiiii I I Ml TUESDAY - AVI I)M;sI).V, JAN. 18 - 19 Mum wtmum i Or s jt V2t UAnM -1 Wfi NF PRICE 1 ii..d the hriiiie. The value of the unpaid h.boi of the operator and his family are not 17: 1 allowed as an expense. The farmer ijIljG y CCi cannot deduct the . value of the child's services from his income tax. If, however, he pays the child ' a reasonable wage for his labor, the farmer can deduct the sum of the child's whrcs as a farm expense. But, if such wages equal or exceed $500 during the year, the farmer will lose the right to claim such : child as a dependent. If the child receives $600 or more of income from any source, he must tile an i 1 A 1 J ... .... I newmc m return ana iaxe nis own ,v ,,. . ;) , i - unV Mr exemption. 1 ,-, "pnleelly m .,.', ', I ,il t,'. ine .imooni spent as inve sirnrnts oi rpii.u sin n as tne purenasr ol ari. ,,).. nl ,,,t( a new tractor cannot he deducted tll, ,,,, lV( .,. as a business expense. However, (ri ll depreciation for the current year1 , ,,n ,,,,, , , can be claimed as an expense. j Hele-hiinl e ;illd I el. lie i d (i ie Life As Child Actress nnl.l.YWOi i) 1 ' I', . If Shir ley Ti tuple l-.-i-l !,er I :ri.. to live over, she s;nd ii,ij.,v -h" would by all mi a p.-. lie ;i ' 1 1 Ii! - Mr. Making a n . 1 1 ! mi t ihillars in the movies. Mi--- Ten.;.!" nd, was just like pl.v in:: t null u inks. .Iiist a j.'.anie. and il too ,ad every body cau l play. f v onhln I ' i- i'i: i- i (l..t.iil of HOLLYWOOD 'LP' -- As pi oof hat anything can happen in Hol lywood, there is the story of Lou v.'osiello's niiik bath. ( o-!ello, with his partner Bud Abbott, previously has been noted ,i for beauty than for coniedv ! alls and hotfoot'.. Aftir he get- liirouj'h with the milk hath, he .1111 .ww.'t I,.. ..-I. ,1 l.,riiil I l-'. J.iur ui.i thi. fVsti lln (tonk in" makes t he celebrated ablutions of Anna Held and Clatidotte Col bert look like a sprinkle. Lou bathed in 200.000 gallons of liquid, which is almost nough to float a battleship and thus was able to accommodate Costcllo. The bathtub, a good fraction of in aire in rvtrnt. was supposed to be the L'hangi River, an linpoitaiil stream crossed by the Abbott and ( osiello safari in "Afrit a Screams," vvhuli Nassour, tudio- i- prepar ing for I'nited Artist- ieie.ee. Condensed .Milk I'sed I he Cbaiigi Kiver is normuliy couipoM'd of water. .In t to be stupendous. Hollywood did it in mi K. .Vol plain old homogenized, either. t t.dlo dunked in : vetteiu d. ctii-t'e;.- ini'.k ,.f a naiioualiy ad- t .' 1 ied arie'.;. . the producers tell us they made the rier out of milk for photo graphic reasons. Milk reflects the liHot lather than absorbing it. So m the movies it looks more like water than water does. Any while fluid or soluble pow der mixed with water would do the job as well. But it wouldn't be to much fun. fresh milk would do the job. : others crossed I he river fbangi. except that it sours. It's all righl - w t,(-'n il M,1'lii-V t;1,,u' ,inlc for !(.; a quick hath, but who ever did ' Costello to dip his left hi! toe ;;m ihiii;' tiiiiek in the movies? dainily in tne stiv.oii. i, took a Only Part of It uaV ' practice before lie -hiered ! lie whole of Cosiello's bath ju' ih' if look two weeks to photo- "Everybody al'.w. .(! Il was oi;iv one pan of a hath .-cues." C'uste .'-borne o; lerai uo, m v. loch he apparently ct,n!u. ii cli. T.anK fiut k. Ciyi'e Be:,iiv. Paelette Go.'ti.:: 1. ' . and Muddy i'aer. Hillary sure it's artistic." ii.-ooke, sundry native bearers and I The sweetened . ... . i mi mill " ""1 ' l ' r" if t ; I Washington from fl iContinued ning the Trim the hi 1 11 .1 ! I . -1 1 1 ,, I,.,' ory. It will . Ilh. 'I auuiii al hall . ,. '1 ,,i ly 1 Ml II l' Capital LetJ (Continued lo Trea ,. li, ,. . George Co and Seoll bi:n,i town laM w, , Ulan. : MI II I iN , has reduced In u . . . Hut he i- .hli 'imp. These four Indians have been jailed at Fayettoville in connection with the $9.U00 robbery of the Scottish Bank at Pembroke. Upper left: Donald Kay Hunt, 19. L'pjier right: Annie MeGirt, also 19. Bottom, left to right: Crawford Hunt and Sandy Hunt. The bank was held up at pistol point. Officers reported $4.77.'l of the loot was recovered. AP Photo'. - -which some housewives m; know did last for two without souring. Costello swears it was just as good lor Junior a1, the end of that tune as it was foi bathing. ua! 'les Ibe Mined out, Panama hats are woven of line himself with boiled, sun-bleached toquilla or got io make jipijapa haves, while both the lib- ' ers and the weavers' fingers ;ii"e condensed milk wet. le I 1 '"S! ' k,J I . SPECIAL ipsseau week,! mm Also CARTOON and NIAVS THURSDAY - FRIDAY IAN. 20-21 The total loss by storm, flood. firrs and so forth of a prospective crop is not a deductible lois in computing net income. Neither is the loss for animals that die dur- ! ing the year except as such loss is reflected in income if an inventory is used. Question: Can board of hired la bor bo deducted'.' i Answer: Hoard and food or sup- plies furnished to hired labor is j deductible only to the extent lh.it. it is purchased bv the farmer. This excludes food raised on the farm and used in boarding laborers. Question: How should the sales' of land, timber, or equipment be handled? Answer: In general, any gains made on capital goods, that is profit over eost, is taxable. This includes the sale of all types of capital ! goods, sych as, land, timber, houses, 1 equipment and such. These sales are shown on Form 1040. There is some distinction iilade between as sets held for less than 6 months and assets held for a longer period. If the capital asset is held six months or less, the gain or loss resulting from the sale or exchange is short-teiei. Any n:-o!it made i-. tiv.il)...- :,n.l any e how aide lo is deductible in full. But, if the capi tal asset is held longer than six months, the gain or loss resulting from the sale or exchange is long- Mi g:ir. HKO pade.' Ti nip!" w ho eo- i l.'.irlm . v, n 1 1 li 1 1 1 I about hi . hi... (tally the pari lev. " IV I,., added hai del . .ml I lii'oj, people mi l : when I In y cm ' ' i for chil- ii.ii"' ino'ii a I in. ike hcliew. inmiil" ol il bit i'. od, .loloi i 1 1 h her in Miimore Iv-.ca-' ' h )) " nun h r In- ..ud, espc-1 r In mel Shir- II,. alt n I .. I hou-'ht il1 I d " hr I 11 ( i Want Alotc ( lnl.lieii Ml "lli.h- oil '.." .1 III n III. , daiigbtel I .nid i y,ii, .linn, J a -,,; old iio.v, to be in i ir . except for Mm feel ih.,' h- and Agar want "I n o o: I hi . c ' m u e children. "If Linda Sue wim a child ac tress, " she reiiei led. "I'd have In devole too much t;oie lo hei career. It wouldn't In.- fair to th.' oJ(uts." It was dilTeiii.t in her (a.o. -lie added, because whin -ho went inlo nirnies wi'.li Ma'na Temple super vising, her bru: hi i - v ere old earn ol there -Ives, tile I lion -ands of '. e ft I'lllC III a- her box oil it e ret or,!.; i no' hoi;' to do u ilh i jl, (l .Im1"i l. j-Im, fl Jl M Fr Jl (Siive Sm ir MS i ti to I: enoueh Sh.iliy ':,i doliais that e piel tin .. -el every v. hei e h her happy t hi ' M l;e;iti 11 st. i 1 . . , I h 1' . ;! . i ;h nation ai.tl frienciiy gave me the hajipie. ever could have had. 'v op i i t cf 1 1. I I.-i'-lvViiVs.- - t-t-L-StS'fc ' .AwWfcrtW I Il.V-' -, ' ' il - term. Only one-half of the profit is taxable and only one-half of any spect to limber. Such problem, allowable loss is deductible. Cer- should be discussed with the Col tain provisions are made with r 1 lector of Internal Revenue. "'-IM'li't mti iimm PROGRAM : if! id uysKSH v. ,i All property owners and taxpayers in Haywood County are required to return to the Takers for Taxation for the year 1949 all the Real Estate, Personal Property, etc.. eacn snail own on the First day of January. All male persons between the ages of 21 and the same time. 50 arc required to list their polls dm All persons who own property and fail to list it and all who are liable for and fail to give themselves in will be deemed guilty of a misdemeanor. $2.00 Penalty Will Be Charged For Failure To List. TAX LISTERS life VJ V DBKKEH BAY S7 pr'Br:t'? Hah SMS? W'f..i. J. (In TechnietiWir) -St;rrinp- Plus CARTOON and WORLD NEWS GENE AUTREY and GLORIA HENRY THURSDAY - FRIDAY, JANUARY 20 - 21 Two Guys From Texas (In Technicolor) -Starring- DENNIS MORGAN and JACK CARSON Beaverdam V. H. Byers Cataloochee Boyd Hannah Cecil Ken Browning Crabtrce Fred Noland Clyde Carter Osborne East Fork Wes Pless White Oak ti " - , f .'-- ; .- . V-.,; .; (. ,'. . .:v;V. v .;:'. ...V. . . -. ?L,...-. - Fines Creek Cauley Rogers Iron Duff ... J. Manson Medford Ivy Hill j. Ferguson Jonathan Creek ... N. W. Carvd Pigeon Way Mcc Wayncsville D. A. Howe Robert Williams :i :l llllJ ' J
The Waynesville Mountaineer (Waynesville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 18, 1949, edition 1
12
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