Newspapers / The Yancey Journal (Burnsville, … / Dec. 21, 1967, edition 1 / Page 13
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Payments Reported As rekuired by law, ASCS must report *o the Internal Revenue Service all program payments mane to you during 1967 under ACP, cotton, feed grain, wheat, and other d rect payment pro grams. This report will include payments made directly to you. to your assignee, and to U. S government agencies for any debts owed by you. It will not include cor. mcdity loans, com modity purchases, or reseal storage payments. As an additional service, you wll receive a notice of the amount reported This notice will be prepared on Form CCC -182 and will be mailed during the last two weeks of January. You may also receive a supple mental report on an Internal 1 I I W HAPPY S HOLIDAY May all the of the Christmas holiday reach every heart onK iW^I kU . 4 PH^t Hill Top Soda Shop To all our good friends, a bright and happy holiday. Johnson & Co. TUI RSI>.\Y, |>Kt 2i i;»-7 I*.*v*“Hie Service Form 10«9 I i no!ice uill include additon ai program payments, if any. whir*, were not included on Form CCC-182. When you receive one or both of these notices, we suggest that you carefully read the explana tion on the form and check the trial against your records to see that IN* airv unt reported is cor rect If you find that the amount is n< t correct, or if you have any quest ; ons regarding the form, you should contact the most con venient county ASCS office. We appreciate the opportunity to be of servee to you during th’.s past year. We a’so hope this report of program payments will be of assistance to you In the preparation of your 1967 income tax return. Sincerely yours, J. W. Tomberlin, Chairman. f r r the Yancey ASC County Committee. Records Kept For Dependents GREENSBORO. N. C lf you claim as a dependent some <ne wno di.es not live w.th you I'o 'Ure to keep good records of i.w support you provide advises .1 E Wail. D strict Director of lieina! Revenue for Narth Car olina Failure to keep these records caused some taxpayers to lose .i depondencj exemption they might have been entitled to last year. For other taxpayers it meant the problem of assemb .ng the n«-eded records months after the expense was paid Mr Wall said that there are five tests that have to be met to satisfy the legal requirements for claim ng another person as a dependent The one that gives taxpayers the most trouble is the support test. Mr. Wall sail. Substantantiaticn of th s test is the most wot problem ar ising on returns filed each year. To satisfy the support test the taxpayer must show what it cost to support the dependent for the year and how much of this he provided. To gather such records for a child who does not live at home or a parent in an other city ! s naturally more dif ficult than it is for a dependent who lives with the taxpayer. Mr. Wall sa d the four othher dependency tests are the gross income test, member of house hold or relationship test, citizen ship te«t and rn'nt return test. All are explained in the irv*o inrtmetiors as we” as in Pnh- I cation No. 17, “Your Federal Income Tax." | /wiMy, I ll We wish for you all the traditional joy and H the WESTCO TELEPHONE CO. THE YANCEY RECORD Christmas Party Held At WAIRY Office *■ , jffif # •.' yn . iiiySl' Sv mStf 4 ! m ■: ; " ****** i t I m IB^HI PwKSHHB 9 gisllfe' Women and children from dif ferent sections of the county en joy a “get-together at the W.A.M.Y. Office.
The Yancey Journal (Burnsville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 21, 1967, edition 1
13
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