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
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mStf 4 ! m
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" ****** 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.