The Algona Upper Des Moines from Algona, Iowa on January 8, 1959 · Page 6
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The Algona Upper Des Moines from Algona, Iowa · Page 6

Algona, Iowa
Issue Date:
Thursday, January 8, 1959
Page 6
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f H, V. <-',' I; i It's Income Tax Time Here Are The Facts Income tax filing-time is just around the corner. Farmers have a choice of filing dates as they have had in the past, say tax specialists at the State University of towa Agricultural Law Center. The Law Center cooperates with Iowa State College and the U.'S. Department of Agriculture in conducting research on farm law and economics. Who must file: The law Still requires that every person with "gross income" of $600 or more—> $1,200 or more for taxpayers 65 or over — during the taxable year must file a federal return. In addition, a state return must be filed if the taxpayer is single and has a net income of $1,500 or more, or is married and living with the spouse and had a net income of $2,350 or more. If husband and wife each have income, they must file separately or •jointly if their combined net income is $2,000 or more. If self- employment income is over $400, a federal return must be filed for social security purposes even though gross income is less than the filing requirement. When io file; All 1 final returns must be filed before the 15th of the fourth month following the close of the taxable year. That is April 15 for calendar-year taxpayers. Farmers must make an estimate of tax and an advance payment by Jan. 15 to take advantage of the April 15 filing 'date. '. Many farmers instead choose to file their final return by Feb. 15. Then an estimate is not necessary. Non-farmers are subject to the regular rules on estimating income taxes but they can avoid the Jan. 15 amended declaration or final payment by filing their returns by Jan. 31. . ;A farmer is a person ...whose gross income from farming is at least two-thirds of his gross income from all sources. Iowa income tax returns are due April 30 or within 4 months after the close of the taxable year. < What to file: In addition to individual state and federal returns, returns are required f6r partnerships, estates, trusts and corporations. Self - employment income of farmers is reported on Schedule F of the federal returni Farmers'who pay $600 or more ,io individual workers or who pay out that amount for rent, professional fees or other forms of payment that would be income to the recipient should file information returns oh Form 1096 and 1,099. Farmers employing hired labor •during the year must report to the employe the amount of social security tax witheld from his wages. This report must also be made to the District Director of InternaJ Revenue on Form 943. Where io file; Federal income tax returns should be filed witli the District Director of Internal Revenue. Make checks payable to the Internal Revenue Service. State returns go to the State Tax Commission. Checks are payable to the Treasurer of the State of Iowa. 6-Algono (la.) Upp«r D«* Moln»» Thursday, Jan. 8, 1959 4-H King And Queen J i 1 «. | • ., x .<"* " "... , •Jfts.Jt',, T .. '• > The new royalty named at fhe Kossuth County 4-H Fun are shown above just after their selection as fun night queen and king. Madonna Erpelding, left, daughter of Mr and Mrs Peter Erpelding, was named queen,-while Dean Dodds, right, son of Mr and Mrs Wm. Dodds, was crowned king. Tom Mullins, retiring fun night king, pictured with them, awarded the honors. » About 500 4-H'ers, leaders and parents were present at this event held December 29 at the Algona Auditorium and gymnasium. (UDM Engraving). Portland Twp. By Mrs. Victor Fitch Algona Upper Des Momes FARM SALE CALENDAR Complete farm sale advertising service at the Algona Upper Des Moines, including advertising bills, radio-spots if desired, and free auction listing. If bad weather forces sale postponement,"your ad re-run without charge for new sale date under our original "weather insurance" guarantee. .See us for early sale dates. Jan. 10, Saturday — Theo A. Nelson. farm sale, % mile south of Depew on new payed road or .1% miles north, 1 mile east- and 4-;.miles north of Cylinder, or 11 miles northeast of Emmetsburg. Cattle, machinery, and miscellaneous farm equipment. Berkland and. Bortvit, auctioneers, Cylinder State Bank', clerk. -Details in UDM today. ''Feb., 10, Tuesday -r K ey s er Estate sale,' % mile west and 2 miles north of St. Joe. .General farm .auction. Lee Colwell, auctioneer,' Iowa State Bank, clerk: Details later. • Jan. 14, Wednesday i-' ''W rliedel sale, 5Va miles north of Algona, 1 west,; % north, and : V4 west. Completed line of macliin- ery. Carroll Fraser, auctiorAeers; Burt Savings Bank,' clerk, Details today.'... /'/ _ ';':. '.. •' ' - ;•.' ,v : v Jan. 14, Wednesday v '— ',- 'Bohy and Rasmusseri, 1%' miles west of Swea City on highway 9, Dairy; dispersal, brown Swiss and Hoi- stein, grade A milking equipment Mr and Mrs Howard Sparks attended ! the funeral of Howard's aunt, Mrs Mabel Baker, Dec. 27 at. the Lake Crystal, Minn. , Darrell Sparks was home for a two week vacation from Iowa State College. ' Mr and Mrs Earl Shipler and family, Mr and Mrs Roscoe Stewart and Ellen and Mr and Mrs Ed Stewart of Swea City •were New Years guests at the W, J. Stewart home. David Stewart spent a two •week vacation at the home of his parents, Mr - and Mrs W. J. Stewart. , Mr and Mrs Howard Sparks and boys were New; Years guests at the Guy Dimond home near Britt. Pfc. and Mrs John 'Youngwirth of Wesley were guests at the Sparks home Tuesday. Mr and Mrs Carl Harms and family . and Mr and Mrs Wilbur Meinders and son of Buffalo Center were New Years guests at the Jesse' Harms home, Mr and Mrs Clifford West,' Patty and Mike of Tenney, Minn. were guests at the Herbert Nelson home Friday night. Mrs Hazel Carroll, Billy and Bobby visited in the Bernard and Charles Phelps home Friday evening. . <Mr and Mrs Mervin . Bristow and' family were Sunday- guests Levant Moore home. , Wd, Mrs Max Goldman Trinity Church Installs Its New Officers In the service January 4, Trinity ^Lutheran church installed the following .newly elected church officers': .>-.''/'. •. ."• • : ,.• ••-<•; , > G. A. Wittkopf, president; Glair Blossom,' vice president; John Hopkins, secretary; Mitch Taylor, treasurer;, David Smith, financial secretary; Wm. F. Dau, assistant financial secretary; W. C. Dau, elder; E. C. Wittkopf, trustee; Marvin Hackbarth, finance. committee; Ed Hackbarth, auditing committee; Wilbert Ruhnke, education committee. Around AI gon a and feed. Rochester, Thorp Minn., Finance Co., clerk, Quinn and Yungeberg, auctioneers. ,Details today. Mr and Mrs Walter Klaxnp had as. guests N,ew Year's day, Mr and Mrs T. J.' Lieuiven of Hum- boldtr Other recent guests were Mr and Mrs Ma'tts -Wallukait of Dakota CityV '"'-.• ."*.-•' ,' ', Mr and Mrs Floyd Turner's daughter, Ruby Boyce came by plane from iToronto, Canada, to spend the holidays with them. John; Phillips spent a couple of days last week at Iowa State college, at Ames with his brother, David who is a student there. David, has since returned to his studies after spending the Christmas vacation liere with his par~ ents, Mr and "Mrs R. Mi Phillips. Jan. 15, Thursday Sankey ^M'fainJly-.were Saturday guests Howard Sparks home. McWhorter returned Sat- Hanpver, Ind., he .spent the 1 holidays with and Welp, 5 miles north and. 2 east of Woden. 70 head high grade Holsteins, 125 head hogs, milking equipment, 3,000 bushels ear corn. Farmer's Trust and Savings Bank, Buffalo Center, clerk, Quinn i and DeVries, auctioneers. Details today, Jan, 15, Thursday — Knutspn & Brockett Dairy sale. 1 mile west and 4 miles,north of Superior, la,, or 13 miles north: of Terril, la., or 7 miles east and 4 miles north of Spirit Lake, la. Guernsey cows and heifers, Clark and Clark, auctioneers, Iowa Trust & Savings Bank of Estherville, clerk. Details today. Jan. 19, Monday — Luther Fairbanks, Jr., 4 miles east and Vz south of Burt, complete line of machinery. Sale starts at 1 p.m. ecurity State Bank, clerk, Quinn and Yungeberg, auctioneers. De- ails later. Jan. 22, Thursday — Otto Engstrom, 3% miles south of Elmore on 169, complete closing out of machinery and Whiteface cattle. Slmore Bank, clerk, Quinn and Yungeberg, auctioneers. Details ater. Jan. 26, Monday — John & Orvttle ThiU, complete closing out sale at farm located one mile south and V4 west of St. Benedict on the south side of road. Sal« includes full line of farm machinery, 38 head Qf cattle, 26 head of pigs and miscellaneous items. Circles of the United Presbyterian Women are meeting today (Thursday) as follows: Circle A, Mrs Fred 'Geigel;- Circle B, .Mrs William Funk; Circle C, Mrs Frank Butts; Circle D, Mrs Leora St. John. Mrs Dick Meyer was to have entertained Circle C, bul had the misfortune, of breaking her arm on Monday. tejF ( family, Sfld Mjs Martin Becker an<t * r ,ana Mrs* "New Ye«ir$ .„. of Algona guests at the This is, a ,big Farmers* State , . Banfc, Lujerne, clerk.} Colwell & Yungeberg, auctioneers. Full, sale details later, '<'?«)£ '29 Pannkuk, 4 of of eers, . yings / -Tiwse Pf tails later, Tburs«J»y «• Fred miles south and 2 complete closing livestock auction of Lime „...„,.„- was honored, recently in recognition of his 50 years practice pp a physician- He is con" ' apUve practice at the eg« Jean Ruth Sigsbee was 10 years old Saturday and was honoree at a birthday party, at the home of her parents, Mr and Mrs Harlan Sigsbee. Guests were Carol Smith, Sherry Reilly, Patti Lynn Muckey, Sherry Price, Becky Fraser, Brenda Sjogren, Dianne Reefer, Susan. Rentz, Donna- Jane Asa, and- Virginia Klein/ The group lad dessert luncheon and then attended the movie at the Algona Theater. The display of the Nativity scene by the Men's Club of the Methodist church was reported very sucessful during the holiday season,.. Visitors'-from, seventeen states viewed the scene, 'According to George Balluff, president, the club will work on improvements and repairs for the scene before next year's display. Mrs Floyd Turner and daughter, Mrs Marjorie Apple, were, in Grantsburg, Wisconsin, last week to attend funeral services for Mrs Turner's brother, Walter Dodds, 75, who died December 27. Mr Dodds was born and raised here. He was the son of the late Mr and, Mrs William Dodds who lived on the present James Dodds farm. A children's mission study class win begin Jan. 10 at the Methodist church. Children from grades 1 through 6 are eligible and the subject will be Mexico, Hours are froni 9 to 10 a.m, each Saturdjay. ^ series of meetings for adults tp learn about church membership-; begins this evening (Thursday) in the Fireside Room of tfee church at 7:30. -Any per* son of 'nigh.'school age or over is invited. Persons already ciutreh members but who wish a refresher cpuse are also urged to at' TURK E YS • Willii; , ' ',-'•' ''-'4 / ' >-*'. ' .f'i WE HAVE A FEW TURKEYS LEfT OVER FROM CHRISTMAS AND WE NEED THE FREEZER ROOM. ALL ARE SMALL SIZE TURKEYS -FIRST COME, FIRST SERVED! THE CHEAPEST MEAT ON THBfMARKET TODAYI - Ivjfe , r :; / CHOICE CUTS BEEF ROAST _.:..._._...:___ 49c Lb. SWIFT'S FULLY COOKED 6 to 8 LB. SMOKED PICNICS Mb. SWIFT'S LARGE RING BOLOGNA...... •W ( Buy It From The Barrel 49c Each FRESH - LEAN - MEATY PORK ROAST::ic _._,:- FRESH - FOR SOUPS or WITH BEANS PORK HOCKS SUN GIRL MARGARINE 4 IBS. 89c : \ BEEF QUARTERS •*•"% i 100 to 110 Lb. Quarters. All Com Fed Beef — Young and Tender. Lowest Prices In Northern Jowa. Cut Wrapped and Marked The Way You Want For Your Freezer or' Locker At No Extra Charge. Stop' In Today! f ,/ \ FOLGER'S COFFEE 2 LB. CAN FQLGER'S INSTANT tOFFEE, 6 Oz. Jar 98c AMERICAN BEAUTY PORK & BEANS BUTTER BEANS KIDNEY BEANS. 1 PER CAN 14Oz. Bottle . Flav-O- Rite __ 790 Facial Tissue 400 "ount J.__ GRAPENUTS, 101/2 Oz, Boxes ^ 2 For 39c GREAT NORTHERN or NAVY BEANS 2 Lbs. 29c CRESCENT MACARONI, 2 Lb. Bag 39c PITTED BULK DATES •.. 2 Lbs. 49c SPARKS 1 Lb. HONEY JAR j 25c MEDIUM PRUNES, 2 Lb. BAG 49c FLAVORITE CHOCOLATE CHIPS 19c SUGAR ..10 Lbs. 98c - BROWN or POWDERED __ 3 Lbs. 39c HEAD LETTUCE 0$ Head WINESAP APPLES .' * ' i 4 LB. Bag 490 FROZEN FOODS FRUITS and VEGETABLES* ORANGE JUICE ICECREAM.-.. Florida Gold Thrift Pak 6 For $1.00 California NAVEL ORANGES 2 Doz. 49c i * " "*' Gal. 59c Np. 1 Red POTATOES R As. .U. JI.B SUPER MARKET

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