Walsh Explains Further Details
On Fanner Social Security Rule
BY JOSEPH P. WALSH
District Manager of the Gastonia
Social security office
In 2 prior articles in this series
I told how protection under the
old-age and survivors insurance
program will becomle a reality to
many, self-employed farmers by
mid-1956. t'Bo&a.y, I want to tell
about the responsibilities that go
along with this protection and
which must be met by every farm
or ranch operator who had net
earnings of at least $400 in the
calendar year 1955.
If you are self-employed in any
kind of agriculture, either alone
or in a partnership or joint ven
ture, and had net earnings of at
least $400 in 1955, you are requir
ed to report your earnings (up to
$4,200) and pay the 3 percent so
cial security tax on those learnings
for the year. You should report
your earnings and remit the so
cial security tax along with your
Federal income tax return not la
ter than April 15, 1956.
It may be that you will not ow'e
any Federal income tax for 1955,
because of family exemptions.
For example, if your total income
for the year is less than $2,400
you would not owe income tax if
you have four exemptions ($600
each for yourself, your wife, and
two children). However, if your
net earnings were as much as
$400 in 1955, you are obligated to
fill out and file a return and pay
the social security tax.
PRESCRIPTION
SERVICE
We Fill any Doctors' Pro*
scriptions promptly and
accurately at reasonable
prices with the confidence
of your physician.
Kings Mountain
Drag Company
THE REX ALL STORE
Phones 41—81
We Call For and Deliver
A self-employed farmer should
file his return on Income Tax Re
turn Form 1040. In most cases, he
will tenter his net earnings from
farming on Schedule F, “Sched
ule of Farm Income and Expen
ses,” of this form. In cases where
the farm operation is a partner
ship farm income on Schedule H
(for income tax reporting) and
on Schedule C (for social securi
ty purposes). His distributive
share of the income will be ob
tainted from Form 1065, “U. S.
Partnership Return of Income,”
which was filed by the partner
ship.
Farmers who operate alone on
a cash basis will enter their in
come from farming on Schedule
F. On Schedule F you will itemize
your farm income and expenses
for income tax purposes. At the
bottom of the last page of this
schedule is a smaller form, Sche
dule SE, “U. S. Report Schedule
SE is the report of your self-em
ployment net earnings which will
be credited to your social security
account. On this brief form you
will enter, in addition to your
name and social security account
number, the amount of your to
tal net earnings from self-tern
ployment, wages (if any) from
which your employer has deduct
ed your share of the social secu
rity tax, and the amount of your
self-employment income on which
you must pay the social security
tax.
There is one important fact to
keep in mind. While the small
form Schedule SE is a part of
Schedule F which, in turn, must
be filed with Income Tax Return,
Form 1040, the purpose of this
brief form is wholly independent
of your income tax form and
schedule. The earnings on which
social security tax is due should
bte entered on Schedule SE. For
reasons described above, this a
mount may differ from the a
mount used to figure income tax.
In my next article, I shall ex
plain how you figure your ntet
earnings which will be credited
to your social security account.
Four nek pole barn plans are
now available to Tar Heel farm
ers, according to R. M. Ritchie, Jr.
extension agricultural engineer
ing specialist at N. C. State Col
lege.
Hundreds of Cars...
Are put out of action each day by wrecks, to say nothing of hu
man injuries for which damages are sought. To be on the safe
side, let us provide you with adequate auto liability insurance.
The Arthur Hay Agency
ALL KINDS OF INSURANCE
Phone 18,1
-— "
WEEKLY'CROSSWORD PUZZLE
Food Fish
HORIZONTAL
1,6 Depicted
food fish
11 Take into
custody
13 It is a —
creature
14 Scion
15 Asiatic
kingdom
17 Falsehood
18 Symbol for ti:
19 Renovated
21 One key only
(ab.)
22 Myself
23 Daybreak
(comb, form)
25 Percolate ^
slowly
27 Thrived
30 Ellipsoidal
31 Mature
32 Baltic gulf
33 Continent
34 Fish sauce
35 Wharf
36 French island
37 Chiel priest o
a shrine
38 Musical note
40 Deepens
46 Greek letter
48 Malt drink
50 Mountain
nymph
51 Stroke lightly
52 Color
54 Freebooter
56 Compact
57 Color
qualities
VERTICAL
1 Go by
2 Press
3 Footed vase
4 Symbol for
tellurium
5 Domestic slave
6 Yarn
7 Railroad (ab.)
8 Lubricant
9 Distinct part
10 Devices used
by golfers
12 Number
13 Stomach
*18 Hebrew letter
19 Supplanted
20 Lowers
22 Jejune
24 Prayer
25 Rail bird
28 Wicked
Here's the Answer
s
moan
amid
riFm
raRH
ra
FI
uwnts
wnraw
nFiFtr-j
CRrCFl
nnFifn
UlF'H
FI
£1
28 Heroic
20 Debilitated
38 Reality
30 On the
sheltered side
41 Flower
42 Before
43 From
44 Breach
45 Redact
46 Companion
47 Indians
49 Stray \
51 Cooking
utensil >
53 Exists \
language
55 Universal
Adding Built-Ins
Adds Convenience
This is the era of built-ins.
You don’t have to have a mo
dern new home to have built-ins.
They can be designfed to fit any
house.
Pauline Gordon, State College
extension specialist in housing
and house furnishings has these
recommendations to offer for
planning storage. Make a list
of the articles to be stored—the
kind and the number of articles.
Determine sizte of articles and
then plan the height, width, and
depth of each storage unit. Miss
Gordon points out that' space is
not used to its best advantage in
many closets because of poor
spacing of shelves, racks, or rods.
A storage wall can be designed
so that it will provide a place
for everything and leave more
space for living. With the high
cost of furniture, built-ins can
serve a dual purposte—that of fur
niture and closets. Another ad
vantage of built-ins is that they
get rid of dust catching space be
neath and behind furniture.
Living room storage can be
tailored to fit the needs of your
family. It can be decorative as
well as useful. A built-in wall, for
City Tax Listing
Now Underway
At City Hall
BOOKS OPEN THRU JANUARY 31
EVERY WEEKDAY EXCEPT SATURDAYS
Hours 8:30 a. m.-4:30 p. m.
The undersigned Tax Lister for the City of Kings Moun
tain will be at the Courtroom, City HalL daily from
8:30 a. m. to 4:30 p. m. through January 31.
EXCEPT OF SATURDAYS
You Save Time By Listing Early
AH persons are hereby notified that they must list
their properties, both real and personal, and all male
persons between the ages of 21 and 50 must list their
polls during the month of January as required by law.
C. E. Carpenter
TAX LISTER, CITY OF KINGS MOUNTAIN
example, can be designed to in
clude desk, book shelves, radio
or TV shelf, compartments for
card tables and games.
Bedroom storage can be so de
signed that it can take the place
of all furniture except the bed
and some chairs. Of course, the
most important is the place for
clothes. You can combine the
clothing unit with the dressing ta
ble or desk.
Pv!. J. L. Lowery
In Field Exercises
FRANKFURT, Germany — Ar.
my Pvt. Jessie L. Lowery, whose
wife, Dorothy, lives at 201 E.
Georgia ave., Bessemer City, N.
C., recently took part in a field
training exercise held by thfe 4th
Infantry Division in Germany.
Training received by the “Ivy”
division, part of the U. S. Se
venth Army, includes intensive
maneuvers and realistic field pro
blems.
Lowery, son of Mrs. Lillian
Brown, 201 E. Missouri ave.,
Bessemer City, is a wireman at
3d Battalion headquarters of the
division’s 8th Regiment. He ente
red the Army in April 1954 and
has received th Combat Infan
tryman Badge and the Army of
Occupation Medal for service in
Japan.
McGinnis Is Elected
To SPO Presidency
John McGinnis was elected
president of the Student Partici
pation Organization at Central
High School in the student elec-'
tion last Tuesday.
McGinnis, a member of the
Junior class, succeeds Harold
Js^pkson as president of the or
ganization. The newly elected
president served as vice-president
during the past year.
Other officers elected were Bill
Early, vice-president; and Pat
Owens, secretary. Doris Sellers
is the outgoing secretary.
Rowell Lane, principal of the
high school, announced Friday
that 289 votes of a possible 350
were cast in the election.
Hr. Lane did not have the num
ber of votes received by the indi
vidual candidates, but said that
the three officers won by large
majorities of the ballots case
V/ ■'
M/ vM's/mfr.' ■/>
QUESTION: Why do market
ing specialists say that the egg
outlook is “bright” for this year?
ANSWER: Lower feed cost
comparted to past years and a
laying flock about equal to 1955
indicate that prices of feed and
eggs should remain favorable for
six or seven months at least, ac
cording to the experts.
QUESTION:- How much and
how often should I give salt to
my fat cattlb?
ANSWER: Fattening cattle
should consume frqm one-half to
one and one-half ounces of salt
per head daily, depending on the
kinds of feed used in the ration
and thb age of the cattle. It’s a
mistake to withhold salt from
cattle toward the close of the
feeding period and salt heavily
just before shipping, USDA says.
QUESTION: It is safe to graze
sudan grass at any time?
ANSWER: No. Prussic acid
poisoning of livestock may result
if sudan grass is gra'zted after a
frost, specialists warn. Sudan
and sorghums have prussic acid
at certain stages of growth, in
the early stages and in new
growth after trost. Better ask
your county agent for details on
this.
According to the 1950 ctensus,
16 per cent of North Carolina’s
farms grew no vegetables for
home consumption.
LEGAL FORMS
FOR SALE
Option Blanks
Chattel Mortgages
Note Blanks
Crop Liens
Posted Signs
HERALD
PUBLISHING
HOUSE
PEGGY
WHO'* TAKING ^
J VOO TO THB M
F PAKJCB, SALLY?
V—r
BILL.1 BUT I 60RE HAP A
HARD TIME DE6IDIIU6, THERE
WERE 60 UAjjy CfTHER^.., ^
JACK. EDDIE,)
TOW.,
’ JEEPER5-' WEIL WHAT MADE"
vou PICK BILL? ,-—^
tn r=—1
HE WA6 THE OULV OtJE WHO
A6K6P ME/j
WE'RE RUNNING
LOW ON POTATO
SACKS, MR.
TIU.ER! y *
ILL PHONE
' AND ORDER
SOME!
HUH? \
OH.
HOW DO YOU LIKE
THE DRESS 1
JUST MADE, J ( FINE,,
paw? Vfine/
I WANT TO ORDER SOME ) >
POTATO SACKS WHILE Zs *
I’M STILL THINKING J\ j
OF THEM» /i
HOPALONG CASSIDY ON TELEVISION!
Every Wednesday afternoon — 5 to 5:30 — over
WBTV, Charlotte — Sunrise Dairy presents an exciting
Hopalong Cassidy episode.
Be sure to see it, and "For The Best In Dairy
Products,". . .
Sunrise Dairy
GASTONIA
509 Franklin Ave.
Dial UN 7-6354
You’ve probably noticed that more and more
people seem to be stepping into the upper
circle of fine cars.
And there can be no doubt that "good times"
have a lot to do with this.
But all by itself, it doesn’t explain the sudden
spurt in Mies of the finest of Buiclcs—the 1956
Roadmaster.
For it has always been our experience that folks
with the wherewithal to buy any car they
choose are apt to be the choosiest of all.
So it seems quite clear that the marked and
increasing preference for Roadmaster is in the
fineness of the car itself.
We can tell you why very simply.
Roadmastek starts off with all the virtues that
have vaulted the full Une of Buicks to soaring
popular favor—then caps that acclaim with a
worthiness all its own.
You sense this especial eminence at once—in
the individualized styling of this gracefully
proportioned car.
You recognize it again-in die quiet elegance of
its custom appointments—and in the good taste
of its luxurious fabrics and color harmonies.
But you know it for sure in the lift and thrill
and spirit of Roadmaster performance.
For here is the obedient might of the
highest-powered V8 engine in Buick history
coupled to the flash-fast response and absolute
smoothness of an advanced new Variable Pitch
Dynaflow—most modem transmission in motor
ing today.
And here is Buick comfort, Buick handling ease,
Buick roadability, and die great Buick ride
each brought to its peak in this Buick of Buicks.
In all truth, no man who puts true merit above
mere symbol could ask for more than is his in
Roadmasteh.
If that applies to you, well be bappy to arrange
an introduction. Will you phone us—or come __
in—for a demonstration soon? JS$|
WHIN •ETTEI AUTOMOBILES AU IUIIT BUICK Will BUIIO THEM
DEAN BUICK COMPANY
124 S. Railroad Ave.
• Phone 330 •
Kings Mountain. N. C.