The Algona Upper Des Moines from Algona, Iowa on January 15, 1959 · Page 17
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The Algona Upper Des Moines from Algona, Iowa · Page 17

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Algona, Iowa
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Thursday, January 15, 1959
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Page 17
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V Self Employed > -••! . stilt • - - • - -' \Tf i ' • -'>./• ' - y,' ^*|f • •• v, • . , ¥ , . . v ; ... £*•,'--. ."- ^.'; , 0 . * } \\' .,'•'•• •' '^ -,*„, '','-','/'' ^ A :|p • j& Ar ^' - a • ' ^M| :; •«' • ' -''' tf^f-'V 1 f Jk (r(r • If 111 " '' ' * ial Security Changes To Affect Farming Iowa, Jatfu Changes in social security laws affect ihost farmers after Jan. 1, ji959,-says. tax., specialists jn the VAgricmtural" Lav* Center at.,tht State 'University 6f Iowa. Benefit payments increase the first of- the year and takes to. support the program went up, ".too. The Law Center' cooperates .'with Iowa State, College and'the U. S. Department of Agriculture in. conducting research on farm law and economics! > Self "employed farmer*! There is.no change in self-employment -computation for 1958, But owner- bperators> tenant farmers, part. hers and* Others receiving self-em- * ploy ment, • income; -'• are scheduled 'to pay More social security tax bri .59 income. The tax increases ''•'from 3 and ,3/8 perecent on a maximum of $4,200 to 3 3/4- per•cent-on a maximum of $4,800 self-employment income per year. .The tax is figured on net earnings 1 and is paid when the- federal income tax return is filed. , Self-employed farmers have a special" option • when income for is $1,80'0 br fess/twcMtoirdft bf^ gross income may be reported as self employment income. If gross income is over $L800 but net earnings are lea's than '$1,200 a farmer may teport $1,200 a self- employment income, Acreage-feserve payments (soil bank) are considered self-employment income, eveft if thfe entire farm goes into the reserve. But if the farm is rented, me acreage- reserve payments are treated like rent to the landlord. Landlordsf Generally, landlords who have leased their land .or are in a crop-share arrangement are nbt considered self-employed. So,they do hot pay social security tax or receive benefits on rental income. Folks who have paid into social security long enough to become fully insured (generally 40 quarters) may find this to be an advantage. 1 But for those who need the extra income to qualify for maximum benefits, it is a disadvantage. For landlord's farm income to be considered self-employment income, the "material participation" requirement must be met. EC a lease provides for landlord participation in production and management and thq, participation is actually carried out, the landlord will be liable for self-employment tax and.eligible for social security benefits. It is important to get the agreement down in writing and then keep records of participation. Material participation is easier to justify with livestock-share the year is low. If gross income leases than with crop-share leases. * l • Folks wishing to even out their income as they near age 65 may want to consider re-organizing the farm business as a corporation.. Within reason, normal fluctuations of net income may be smoothed but. Employers and employeess Social security tax rates on Wages paid also increased on Jan. l f 1959. Employers and employees should now be paying 2% percent on a maximum wage of $4>800 as compared to 2% percent on a' maximum of $4,200 in 1958. Farm employers are required to haX'e an employer's identification number. Folks-who do hot ,now have a number may obtain one by filing Form SS-4A with the District Director of Internal Revenue. These forms are available from social security or Interrta revenue offices. The, employer must keep re cords On each employee to whom he pays $150 or more'per year .or on each employee working on a time basis .(hour, day or week) 20 ,days or more per year. The records to be kept oil each employee include his ' name, social security number, cash Wage payments, records of timfe worked & the amounts deducted as employee social security tax. Then the employer files Form 943 (Employers' Tax and Information Return for Agricultural Employees) before Jan. 30' for the previous year's wages paid. Whenever ah employer has $100 of tax accrued, he is supposed to deposit it in a federal depository. The local bank can give instructions how this should be done. No tax is due and no benefits result from children under 21 working for parents, a spouse working for the other spouse or a parent working for his or her child. This is 'the seventh of 8 articles on farm income tax prepared for the Algona Upper Des Moines by the Agricultural Law Center. The final article in the series will discuss the times and methods of filing. Julia Raney Wesley Bride til „' \ 9 ' j f FOR livability... to start strong oncl. stay strong. FOR layability . . .'produce early; and lay longer. .." " FOR payability high 'qualify/ strong-shelled eggs forMop market prices. '••-',;i-" :•' your best buy it's DEKALB CHIX. Order yours today! " , EUGENE HOOD, Algona, Iowa FRANK DROESSLER, Bancroft, Iowa ALPHONS BERTE; Bode, Iowa EARL JELBERT, Whittemore, Iowa HOMER MATTHIESEN, Fenton, Iowa Mrs Thomas V, Forburger is pictured after her wedding, Saturday, Dec. 27, in St. Joseph's Catholic church at Wesley. She is the former, Julia Raney, daughter of Dr. and"Mrs H. H. Raney of Wesley. Attendants at the ceremony were Patricia McMahon, maid of honor and Ida Mae Kutchara, Lake Mills and Mrs Merle Loss, Algona were bridesmaids.' James Raney was best' man and Dean Kleinpeter . and Merle Carman were groomsmen. Dinner was served to relatives nnd friends at the parish hull and a reception was held in the afternoon. The bride is a graduate of St. Joseph's school and the Wesley high school, attended Clarke college, Dubuque and the University of Iowa. The bridegroom is a graduate of the Wesley schools and of Iowa State College. He is a 2nd Lieutenant in the army stationed at Milwaukee, WSs. After a short wedding trip the couple is at home in Milwaukee. (Glenn's foto — UDM qngraving) Mrs. Sophie Ellsworth Mr and Mrs S. P. Powers arrived' home Monday after visiting with relatives in California for a month. Rev. and Mrs Virgil Smith and, family of,- Babbit,' Minn'.a arrived Tuesday for a visit of'several days with his father, J. E, Smith and his sister and family, Mr and Mrs Herman Jutting and Judy. Mrs W. 'D. Ley drove her father, Rev. L. J. Odluhd to Mason City Monday where he boarded a train for. McAllen, Texas. He will spend the winter there with another daughter. Mr and Mrs Alvin Boettcher and family drove to St. Paul, Minn: on Thursday where they visited her mother, Mrs Grace Keaproth. They were all dinner guests of Mr and Mrs Dick Behse on Friday. Mr and Mrs William Wertjes and J. E. Smith drove to-Rochester, Minn, one day this week to visit George Ennon at the St. Mary's Hospital. Mr Ennon is much improved. Mrs Dave Patterson returned home Monday after spending ten days at the home of her son and family, the Kenneth; Pattersons at Park Ridge, 111. The Kenneth Pattersons have a new baby daughter, Jane Ann, born Dec 19. 'Mr and Mrs V. A. Barrett entertained at a post Christmas dinner Sunday with all their family present. Those from out of town were the Virgil Barretts Jr. of Sheldon, Mr and Mrs Clark and Vickie, Macomb. Lurene Barrett of DCL> I will sell the, following livestock and farm machinery at my farm located 2 miles east and 4 miles ,nor?h oli Armstrong on blacktop No. 44; or. 3 mil3s south of the Frisbie State Lme Store, on Sale to Start at 1 O'clock Sharp ' 16 HEAD OF CATTLE White Face Bull, coming 2 years old. 12 head o't Feeder Catlle, weight about 950 Ibs. One Roam Milk Covy- All cattle T.B. and Bangs Tested. 2 Calves, five months old. , 1947 John Deere Tractor, model B, with starter, lights, cab, jjeat Houser, all good tires. John Deere 2-row Quick-Tach Cultivator. John Deere 2-bottom 14-in, Slat Plow, good shape, John Deere 15-ft. Disc, good shape. 1947 John Deere Side Delivery Rake. • Jqhn Deere 2-row. 290 Corn Planter with Fer- tiliser Attachment. . 3 Section Cuitipacker. SUrow Humbojdt Stalk Cutter, John Deere }2A 5-ft. Combine with engine and pickup, good shape. #ft. Bijjder/ converged to windrower. Stevens 111, and Moines. James Bruer, who is with the U.S. Air Force and stationed at Indian Springs, Nevada, .arrived home Thursday night for a two weeks leave with his family and friends. Mr and Mrs Virgil Blomster and family of Swea City were Sunday guests with his brdthei and family, the Robert Blomsters Mr'and Mrs Loren Sachs o Delwein arrived at the parenta. Rufus Ollhoff home Wednesday evening. On Thursday they were quests at the .Alvin Swanson home in Swea City. Mr and Mrs Ed Ranney o Iowa City visited from Tuesday until Saturday at the home of her parents, Mr and Mrs Jakie Pet erson. LeRoy Janssen of Lakota was elected secretary and treasurer of the Winnebago County Holstien' Breeders Association at the annual meeting held at Thompson Dec. 17. - Thursday, Jan. 15, If It Algdnd (Id.) Upptr 0« Mota«*~S * * ... ^*\ - ( . . . , *r - - »<--. r,\ ..i.ju-.-^^ talk fey Gene Huscamp of Fenton who tolcf of a recent tWp to Europe. Me also showed slides of many farms ami livestock rnised in various countries in fiurotre, ^ RefJNsshments Were *eJ*f M, at the close of the tneetihg fey 1 -the Lyle Englands Strueckers. and the' Jdhn One Rubber Tired Wagon and 110 bu. Flare Box 14-ft. McCormick-Deering Grain Drill seeder attachment, double disc. ' 10'ft. Spring Tooth Harrow. 4-seciion Avery Rotary Hoe. John. Deere 20-ft. Drag, 4 sections, steel folding evener, 40-ft. Soil Fitter Elevator, Overhead Wagon Hoist. 3 H.P, Electric Motor and Speed Jack on Skid. 275-gallon Fuel Barrel, , 2 Wheel Trailer, Few miscellaneous items not listed, \ Mr and Mrs Burdette Hoeppner and .family spent Christmas with Emma and Leona Gutknecht and Friday drove to Calumet, where they shared a second Christmas with his parents, Mr and Mrs John Hoeppner and his brother, Paul and family. Mr and Mrs Leonhard Christ entertained Mr and Mrs Dick Weinkauff and family, Mr and Mrs Walter Sohn and Mr and Mrs Mark Weinkauff and family for Christmas. Mr and Mrs Floyd Claybaugh had as Christmas guests their daughter Sherry of Rochester, Minn, and Phillip Schmidt, a medical student at Chicago University, Chicago. Christmas Mr and Mrs Robert Steele, their daughter, Rena and Atta Johnson were guests of Jieir sister, Mr and Mrs Lance Riebhoff in Burt, Tuesday' evening Mr and Mrs Andrew Jansen and 'Mr and Mrs Arnold Karels of Frost, Minn, were callers at the Lament Jan* sen home in Bancroft. Saturday night 'guests at the Robert Steele, Atta Johnson home were Mr and Mrs Lance Riebhoff and Lorena and John Riebhoff, Burt. Mr and Mrs Arnold Karels of Frost, Minn, and Mr and Mrs Lamont Jansen. and family of COME EARLY AS NO SMAI,L ARTICLES WILL BE SQLD THE F,QLLjpWItf<3 ITEMS WILL BE SOLD AT THIS SALE BY RAY YVNaEBERG: —-* J85S MM/Mafai 'JS Corn Sheller. In excellent condition. 4 Drag Section, Power Take-Oft Unit, 1955 Chevrolet Truck'big 6 Motor, 2 speed axle, combination H'ft, box, Qaleon Hoist, all in beet of condi- t}pnV>in, Portable 26-tt. Auger with 5 H.P, Bjrigjs & Str&Uen motor, extension for bins and hopper ! CASH or mak.e arrangements before sal 9.' No property to be removed from the premises settled far, Not responsible for accidents, should any occur, first IRWIN FIESTE, Owner & Savings Sanki Armstrong, Clerk Yungeberg & Quinn, Auctioneers, Bancroft spent Simday with .heir parents, Mr nnd Mrs Andew Jansen. Mr and Mrs George Wempen and family of Buffalo Center anc Mr and Mrs Everett Thompson and family pf Ledyard helpec Eldon Thompson celebrate hi birthday Sunday at the parenta Lauren Thompson home. Mr and Mrs LaVerne Edwards had as Saturday o v e r n i g hi guests her brother and family, Mr and Mrs Art Jantz of St. Paul. Mrs Frauke Schndendorf 'thoroughly enjoyed having her children, grandchildren and one great grandchild with her on Christmas day. Those present were Mr and Mrs Roy Ennon and Don, Mr and Mrs Alfred Schadendorf and family and Mr and Mrs Junior Hurlburt and family all of Lone Rock. Mr and Mrs Al Johnson • and sons spent Christmas with her parents, Mr and Mrs Edward Slama at Winnebago, Minn. On Stmday the Johnsons were at Amboy,- Minn, with his mother, Mrs Josephine Johnson. =;• Mr and Mrs Conrad L. Schlsscl and family of Adams, Minn, were Sunday guests at the A. C. Schissel home. Mr and Mrs Frank Lewis of Minneapolis were-weekend guests at the parental Hugh Lewis home, Dr. and Mrs P. C. Gcilenfeklt and family and Mrs Amelia Koppen spent Christmas day with the Leo Johnson's at Curlew. Mr and Mrs Lou Nitz spent Christmas with . their son Paul and family at Ledyard. Mr and Mrs John Griese enjoyed as holiday guests her sister and husband, Mr and Mrs John Larson pf Chicago and their daughter and family, Mr and Mrs Charles Peterson and Jjm from Fairmont, Minn, Mr and Mrs Lauren Thompson spent Christmas day with their son Everett and family at Ledyard. Sunday Mr and Mrs John Greise attended funeral services at Dolliver for Harold Knapp, a cousin of Mr Greise. Saturday guests at the Lauren Thompsons, included his mother, Mrs Reat Thompson of Forest City. Mr Leon Kremei of Wells Minn, spent Christmas day at the A. C. Bierstedt home. A large family Christmas day dinner was held at the Fred Asche home. Those present included Mr and Mrs C. W, Buckels and family. Mr and Mrs Herman Bpsma and Mr and Mrs A. C, Wilcox, Edna, Geneva and Roger were Blakjer Church At Seneca Names Officers Sonocn . — The Dlnkjcr Con- gregntion held their annual con- grcgationnl mooting Tucadny nl- ternoon'at the Church. The meeting opened with devotions by Rev. Hnrlnn Blockhus nftor which reports by thi; various secretaries nnd chairmen of boards were rend and standing committees were given. The pastor gave his annual report after which the group voted on the adoption of the Evangelical Lutheran church budget. Officers re-elected i n c 1 u cl ed lenry Loott, chairman of the longrcgntion; Tod Jenson, socrc- ary; nnd Martin Wilterg, trca- urcr. Lnvyrence Johannescn vas elected vice 'chairman; Amey ^herland, trustee, to succeed P -I. Jensen, who resigned thnt josition; Melvin Brntrud was elected deacon for n throe year erm succeeding Lawrence Johan- nescn; Gaylord Olcson was elect- d to the Board of Education, succeeding Kenneth Hulverson, and Fred Johnnnosen and Ray 3erRum were chosen auditors. Henry Looft was elected sexton nnd Lawrence Johannosen, Bible camp representative. Otto Wilbcrg was elected delegate to attend 1 the Circuit convention and Curtis Olsen war chosen as alternate. Henry Looft was chosen delegate to the E.L.C. District Convention to bo held at Luther College at Decorah in June and Julian Cherland was elected alternate. Mrs Otto Wilberg was elected special music chairman. Officers continuing their duties include Henry Wilberg and Odey Cherland, deacons; John Johnn nesen and Henry Jensen, trustees and Fred Johannesen and Julian Cherland on the Board of Educa tion. WEATHER COLD CLOTHING SPECIAL As I havti decided lo quit farming, I will hold a Public Auction on he farm located 8 miles North oi Swea City to Minnesota line and Vz miles East; or 10 miles West of Elmore, Minn. — On Sale Starts At 12:30 P.M. Millie's Lunch on Grounds! Choice Purebred and High Grade Angus Cattle 39 — • 19 Black Angus Cows — (Bull turned In July 6th.) • 2 Black Angus Heifers — Two Years Old. • 11 Black Angus Steer Calves. * 7 Black Angus Heifer Calves. • Yearling Black Angus Bull (Eligible to Regislerl) Sentral P.TJA. To Meet The Sentral P.T.A, will nice at the Sentral building Monda evening, Jan. 19. Speaker for the evening will be a Mr Smith from Gilmore City who will speak on cancer and show a cancer film. Have Parent Night The Seneca Progressive Farmers 4-H Club were hosts lo the Seneca Stars and the parents of both clubs at a Parent Night held at the Seneca school gymnasium Monday evening. The program consisted of a FARM MACHINERY — • 1953 Super "M" Farmall ( perfect shape & low hours. Tractor was not used until 1954)? • Mc-D. "438" 4-Row Cultivator; • Farmoll "H" Tractor; • Heat Ho'user; • "238" 2-How Cultivator; • 1952 2-M Corn Picker; • Sfan-.Hoist Manure Loader with snow bucket; e AC "60" Combine, complete with wagon hitch, pickup, straw spreader and good canvas; • John Deere "490" Corn Planter with Fert. Attchs, and 120-rods of wire (like new); • Lindsay 4-Seclion fiexible-levor Drag; O 15-Ft. John Deere Disc; « Mc-D. 3-14" Plow with high-speed slat bottom; • John Deere 4-B 2-16" Plow; • 25-V Mc-D. 7-F1. Mower; • 12-Fi. Field Cultivator; • AC 4-Bar Side Delivery; • Gehl PTO Hammermill; • Speedy Sprayer with down drops (new); • New Idea 14-A Manure Spreader; • Rubber-tired Wagon and flare box (new rubber); • Rubber-tired Wagon arid flare box; • Farmer's Friend Elevator and hoist; • Windrower; • Jay Hawk Stalker; • Tractor post hole digger; • 12-Ft. Grain Auger; • Air Compressir. FURNITURE — 15-Gal. Hot Water Heater; Steel Cabinet; Buffet! Dexior Double-tub Washing Machine; Double Drain Tubs; 2 Oil Burners; 275-Gal. Fuel Tank; Girl's Tricycle; Youngstown Kitchen Sink with cabinet and drain board; Grey Permalux Davenport and Chair (like new); Philco 9-Ft. Refrigerator, with 35-lbs freezing compartment; 9X12 Brown Rug; Maple Bedroom Set, complete with bed, springs, mattress and chest of drawers; Egg Washer; and many other miscellaneous items. Mr and Mrs Hiltner Hanson spent Christmas day with their daughter and family, Mr and Mrs Joe Murray at Bancroft. Wednesday evening guests at .he A. C. Schissel home were Mr and Mrs Harry Mussman. Buildings &'Feeding Equip. — 10X12 Brooder House; 4-Pen Hog House; Range House; 3 — Poultry Range Feeders; Tox Quick Cattle Scraichor; Cudahy's Salt Box; 2 Hog Walerers; 3 Hog Feeders; New Chicken Walorers; Chicken Feeders and Chicken Nests. 80 HOGS —• 80 Mixed Feeder Pigs. 700 Bales of Alfalfa and Timothy Hay. Usual Auction Terms! Not Responsible For Accidents! Clark and Clark, Auctioneers Swea City State Bank, Clerk. As I have decided to discontinue farming and move to Algona, I will sell the following described personal properly on the farm located 3'/2 miles south of Elmore, or 5 miles north of Lakota on high, way 169, on THURS., JANUARY 22 Thursday evening guests at the home of Mr and Mrs Kenneth Beck and family. Mr and Mrs Wilson Brack and Roger, Frank Lewis, Howard Lewis and Mr and Mrs Lawrence Lewis and family were Christmas Day dinner guests at the Hugh, Lewis home. Sale Starts Promptly at 12:15 o'clock. Millies Chuck Wagon on the Grounds. 18 Head Hereford Cows. Bred to purebred Hereford Bull since June! T.B. and Bangs Tested. 16 Head of choice Hereford Calves 6 to 8 month-, old. 10 Heifers, calfhood vaccinated and T.B. tested. Hereford Bull, 8 months old. T. B. and Bangs tested. 6 steers. 500 Bales first and second cutting Alfalfa Hay, 100 bales good third cutting, all in barn, no rain. 200 bales Straw in barn, FARM MACHINERY 1955 Massey-Harris 33 with Depth-6-Malic..l953 Massey-Harris 30 with Deplh-0-Matic. Massey-Harris 2-row Cultivator, fits either tractor. A-C6 Case Combine with motor, clover, pat and bean screens, scour clean, pickup and extra canvasses. McCormick-Deering 8-ft. Windrower with rubber transport. New Idea 6A 2-row Corn Picker, rear elevator. John Deere 7-ft. Mpwer with Quick Tach hitch, 2 extra hitches. Case Stalk Cutler, John Deere 490 4-row C orn Planter with fertilizer attachment and 140 rods of wire. John Deere Endgate Seeder with grass seed attachment. John Deere 48-fi. Elevator with wide rear trucks. John Deere Wagon Hoist. John Deere Hay loader. King lO-ft. Field Cultivator on rubber. Case 4-bar Tractor Side Delivery Rake. McCormick-Deering'10-fl. Dump Rake. McCormick-Deering 15- ft. Disc. McCormick-Deering 2-16 in. bottom Plow. McCormick-Deering 20-ft. Steel Harrow. New Idea Manure Spreader on rubber. McCormick-Deering one-hole Corn Sheller, Potato Plow. Two Rubber Tired Wagons, One Wide Tired Wood Wheel Wagon. Bale Rack. 2 Flare Wagon Boxes, Straight Wagon Box. Post Drill. 60-lb. Vise, Blacksmith's Forge. Electric Motors and Sickle Grinders on Stand. Hand Seeder. Lamz Bale Fork. 2 Hand Sprayers. 2 Post Hole Diggers. Two 6-fi, Steel Hog Troughs. Two 12-ft. Steel Hog Troughs, 6-fi. Cross cut Saw. Electric an d Battery Fencer. 2 Tackles. Heavy Layer Jack. 8-in. Jack Screw. 18-ft. Log Chain. Hay Slings. Two 14-in. Pipe Wrenches. One 16-in. Pipe Wrench. 150 Buttons, Stone Boat. Two 55-gal, Steel Drums. 2 H eavy Crow Bars, Chicken Feeders. Waterers and Boosts. Brooder Stove. Scoops, forks, shovels and lo ts of good tools and wrenches. Disp sharpener. Science Shrinks Piles New Way Without Surgery Stops Itch—Believes Pain «o*r Y<,rk, N. V. (SpecUt) - For. the first time science has found a new healing substance with the astonishing ability to shrink hemorrhoids,, ttop itching, a>)d relieve , pfMn.'-* without surgery, , ._[ - Iij ?ji?e sfter CA&O, while gently relieving pain^ctual reduction' (sbifafcBge) took place. ' Most amazing of all—**swU» were 89 thoruu^h thiit Butfcrti's made astonishing statements like "Pile* have ceased to be & problem!" The secret is a new healing sub- Bt»n?e (8io-pyne*)-di8covery of a world-famous research institute, This substance is now available ijj. wppeaitvrv or ointment form under the name Preparation H.* At your druggist. Money back guarantee u. s. r»t. o«, 26 Chester White Fall Pigs 150 Lbs. Kitchen table and 4 chairs. Dining room table, buf fet and 6 chairs, Wine colored davenport and ghauf,' r . like new. Player piano. Bedroom suite. Extra bed and dresser, Cabinet. Center Table, 2Q-gallon wpck : , and some smaller. Fruit jars. Heavy work table, Re mington ,22 calibre repeating rifle, Martjn 12 reposing shotgun. Surveyor's or transit level. Car penter's.lool chest an <J a l&t pf good K>oj% -. 3 h.p. Electric Motor and Spied Jack on trucks wi ih 36-ft, Heavy cable, N»w walk-to .ISO-bu. tfflf Feeder. 30 bu. Hog Feeder with cast iron base. Two 16-ft, Feed Bunks. Circ|e;Saw. w,WH,32 inch blades. : /''.-. ,-*1 AUCTIONEER'S NOTE; This machinery has always been sheltered an,4 |i |n are big rugged cows and choice calves, There will b e a Igt of gopcLtf p}s and time so come early, TERMS: CASH or muHe arrangements before the sale, JSfp ,,,.,,., until settled for. Not responsible for accidents should any occur, OTTO Quinn & Yungefeerg* % **^^ VwfSPwMySR ^'JPWjPllHlk

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