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The Courier News from Blytheville, Arkansas • Page 9

Publication:
The Courier Newsi
Location:
Blytheville, Arkansas
Issue Date:
Page:
9
Extracted Article Text (OCR)

FRIDAY, MARCH 4, 19-10 BLYTHEVILLE (AHK.) COUK1ER NEWS. PAGF ITHE NATION TODAY ICar ia Claiming Deductions U.S. Income Taxpayers 1 To Get Maximum in Exemptions 1 (Editor's Note: This Is the 10th of 12 stories on who hns lo rto I what'about his income lax returns, (or Ihe deadline is March By WASHINGTON, March 3. M'l-Walch your deductions. They ma; Lave you money in filing your 1816 Income lax return.

You can deduct many expenses Irom your income belore what tax-exempt, doesn't, have to be repnrled Woman Gets Ten Years for Death Of 6th Husband MEMPHIS, March 4. Alma Gill pleaded guilty to second degree murder and was sentenced lo ten years In prison yesterday In the death of her sixtl husband. He was her third husliniu to be shot to death. Mississippi Valley Flood Control Group Urges Larger Appropriation WASHINGTON. March 4.

Appropriallons to permit quick unit economical completion oj needed flood control works nlouK Hie lower Mississippi River have been urged by spokesmen for Ihe river valley's 1-iood control Association. Ilriidfri by Key. WliltilnRlon Mlssl and J. O. Burke of to be shot to death.

Aj Rl mlj) mildp pUlll Mrs. Gill, 54. was arrested after i )c tore a House her 65-year-old husbantl. Ed Ciill. 'sulH-ominiltce.

led is taxable. Some income I at all, Remember: The law of only $500. The is a bit different from the last time 1 you filed a return. Congress made changes in It during 1948. pecause deductions are so impor I tant.

this story, mid tomorrow's VtUlL, Vliia 11th in a 12-story series, will, deal with them. Some ol the points on deductions mentioned in other slories in this series, will be rounded up and repealed today. The size of your deductions wll be decided for 'you the kind of in I come tax return to use. There's no problem if your in rome was less than S5.000 and you deductions were not less than 1 per cent of your income. You'd use form 1040A or the 104 couple has lost money.

If deductions wer ai-mully more than $500. he'll have to ilem- ze them all lo prove them. This inny seem unfair to married ouples, giving sinfilc people a break ver them. Congress did II that even things up a Under Ihe new bit: law found dead on a road near marrieu break couples, tiling jointly, gel in-married taxpayers don't Bel. For by filing jointly, married couple's "split" their Income to Rd a lower tax.

as it each were claim' Ing halt the lotal income. short-form where you don't have lo itemize or even mention your deductions. When you use either of those two form you get, automatically and without asking, a deduction of 10 percent. It's already allowed in the tax table used with for both Soldier Stationed in State Not Necessarily a Legal Resident, Murry Rules LITTLE HOCK. March 4.

A soldier stationed in Arkansas Is not necessarily a legal resident of the state, Attorney General Ike Murry said yesterday. as Ihclr Shelby County home on Jan. 2. He had a bullet hole in his head. On Jan.

13 In a criminal court arraignment, Mrs. GUI pleaded innocent lo a charge of murder, but she changed her plea today the case was called for trial. Officers said that her first husband, who also was her third, was killed In an automobile accident. and her fifth divorced her. Sheriff James Thompson said a verdict of "justifiable homicide" was returned for Mrs.

Gill in the laying of her second husband, Roy Calvcrt, in Little Rock. Ark In 1019. She was sentenced to ten years' Imprisonment, on an accessory charge in the dealh of her fourth husband In 1021. A roomer at their home was sentenced to 15 years for the slaying. lions SulH'ominltlcc.

Burke, chairman of the executive council of Ihe association, rut! ed a $100,000.000 appropriation toi the lower Mississippi a its tributaries. The 000. budget recommends Judge Throws Out Suit Filed by Robert Mitchum LOS ANGKLBS. March 4, Movie Hero Itoueii Mitchum 1ms no privacy lo invade. So rules Superior Judge Wllllnm I).

McKesson. The Jurist threw out of court yesterday the $10,000 invasion of privacy suit (hat Ihe bobby sox serving lime on a prison faun on marijuana chaise acalnst Actress Nuni'Ue Bordeaux. Miss Hoi'deiiux owns ihe collage where MlU'hum, neliTss Llln Ix'i'ds and two others were nrre.slcd Kept. 1 rturlufi a "reefer" smoking parly. She sued for iliunnges, alleging they were luvsimssers.

Mllch- utn ILled a counter-sull. clatmlnK Miss HoidtMiu Invadcri his privacy Bulgarians Celebrate Liberation Anniversary SOFIA, Utilitarian, March 4. Thousands of Hulnarlans, carrying bunucrs such "long live the Invincible Itrd Army, pur llbernlor." walked through swirling yes- lenlny lo colcmate the fist. vcrsrvry of (heir fredom from Ihe Turks. The controlled pr.ess observed Ihe nnnlvcisary wllh attacks "alonilc democracies" and Iheh "lluliinrlan tools;" Including Ihe II prolcslaul clergymen now on trial here tin chiiifics of Ireason nnd espionage, RED HOT PRICES by Advertising couch for sule under the herulliiR; "MlU'hum sal hero." Seven Persons Killed In Tenement House Fire HALIFAX.

N. March 4. Ifl'l- Rcven persons died in their bods and three others were crlllrally here early yesterday when Hash fire roared tlnouKh a double two-story tenement on Soulhcnd Smith street. An exploding oil stove that showered the Interior with (lamliiR oil slarled Ihe lire which left 13 persons homeless. Those who escaped from second -story windows.

forms lo figure out a person's tax. Choice nf Forms Important If your income was less than $5.000 but your reductions were more than 10 per cent, don'l use form 1040A or the 1040 short-form. You'll lose money. Use the long-form. On that form.

then, if your Income was less than $5,000 but your deductions were more than 10 per cent, you'll have to itemize them but you can claim them. If your Income was $5,000 or more Ihe size of your deductions have nothing to do with the kind of form you use. You have no choice you must use the 1040 long-form. is where the changes In Ihe law begin to show. Congress laid down different rules on deductions for taxpayers with S5.000 or more income who are single and for those who are married.

A single taxpayer In this group is allowed a standard, automatic deduction of 10 per cent of his income up to a limit ol $1,000 In deductions. He just takes the 10 per cent. He doesn't have to itemize anything unless his deductions exceed 10 per cent. Example: Adam's income was $5.500. takes, without itemizing, a stand ard 10 per cent reduction, or Jones' income fas J10.000.

He take the limit 10 per cent deduction allowed, or sl.OOO. Smith's Income was over say $10,500 or he can claim without itemizing only Sl.OOO. It's different with a marled couple whose Income is $5,000 or more. Standard Deductions Limited If they file a joint return, even though the wife had no income, they get a standard deduction- just like the unmarried 10 per cent up to a limit of $1.000, without itemizing. one of them files separately, or both file scperately, there's a flat limit of only $500 in deductions on the return filed.

Example: Jones had 58,000 income, his wife had none. They file jointly. They get a slandard 10 per cent deduction of S80D. without itemizing. But take the snme Jones with the same 58,000.

and the same wife who had no income. He alone file a return. His wife fails to file jointly with him. Then his standard deduction Is Before a soldier can declare Arkansas his legal residency, Murry said, he must abandon his former place of domicile and have intentions of living in Arkansas alter discharge from the service. The attorney general's statement was sent to deputy prosecutor Edward E.

Bedwcll of Fort Smith. Bedwell had written concerning the status of a Camp Chaffee soldier who is attempting to uet his wife and child admitted to Ihe Arkansas Tuberculosis Sanatorium at Booneville. Unidentified Somebody. inds Combined Train, Jus Travel Cheapest Yet SAN FRANCISCO. March -Somebody- nnd the San Franc-is co Municipal Railway would like mow a cross-counU trip on one of Ihe Railway's ne buses.

Didn't pay his fare, cither. Tt wasn't much of a trick. Tl bus was on a railroad flat ing shipped here from Kent. Ohi The non-paying passenger cor verted rear seats into a bed and took his meals aboard with him. Railway officials figured he'd run up a ta'lll of S25 for Ihe 2.500-mile Irlp at the local bus rates, but he vanished without paying.

First Run In Blythcvillc! On Guaranteed USED CARS itm Plymouth Sedan 5531.78. II ClicvriiU'l Truck Plymouth -l-door 1911 Nash AniiMHSwlor 'l-door 11112 Plymouth Condi A $702.13: Kurd Truck llUli Nash "liflll" KICI-II $1105.07. Plymouth -l-donr I'unl Conoc, SS II.P Chvvrolvl Simulant 2-dniH' SHELTON MOTOR CO. 215 South Second Phone 4438 Heubleins Likes His Short Name DRESDEN, Tenn. lU.P.l—R.

H. Ams says he has one of the shortest names in the country, claiming his two initials don't stand for given names. Sunday, Monday Tuesday READY MIX COCKTAILS Add Ice The easiest, fastest way lo mix a good drink every lime! a liolllcof Heulileins Hi'ady-Mix Corktiiils, just add ice anil a really delicious drink is all ready. Four different cocktails: Old Fashioned, Manhattan, Dry Martini, and Whiskey Sour. $.1.25 per fifth.

Foster's Liquor Stores UNIFORM Headquarters Baseball Softball (Jet Our Prices 120 West Main P.hone, '2127 "Kill" 10(1 No. Hroiidwny Phone. 28fiH "Welch" TAXI and TRUCK DRIVES UNIFORMS All Colors (iiihimline $12.95 HUDSON Cleaner-Clothier-Tailo Service That's Our Mattel Wo sparo no cltort In providing KXTHA everyday prescription service, which mennfi 'extra con lo you. Feel free to cal rm us al any time. Prompt dc livery servlcn.

I'hone 601. WOODS DRUG STORf NOTICE TO MY FRIENDS AND CUSTOMERS full MO or Ji-c me In Inuriuil Biilldlnii Uround Floor, Cllj Drug Store, 'M ilcps ofl Main Dulled liisuranw A RANK D. UNDERWOOD NO MATTER WHERE YOU LIVE You can enjoy LP-GAS if tivcd in an igloo jou could jiill cook with an LP-Gai Range. Thai's because I.P-Gas brings modern living no mailer how tar jou live from ihe gas mains. Phone, or come in ind lei us explain how you can clean, economical LP- in jour home.

Blythcville PROPANE Inc. North Highway fil Phone 527 ginning Have us renew your hmlwenr with our line Invisible hiilf soles. The helmet Icnlly scaled Joint will keep out moisture, fnrelsn mailer. There will be no shank strnln lo distort thir shot! and cause discomfort. No mills or studies.

The shoes are truly renewed for long satisfactory wear here. HflLTCRS QURUJ-Y SHQg SHOP III a I ST. RADIO REPAIR I nnd Service nn Any Slllllt! or Mnilcl Reliable Workmanship Phone 2642 We Cull Kor nnd Deliver Fred Callihan Electrkiil Auuliance Co. Authorized Motorola' Sales Service Hill So. 1st.

SI. SEE YOUR PONTIAC DEALER Sales-Service-Parts Goodwill Used Caisf" Let us show you all the new features of lliis great car 50TO FEATURES THAT MEAN MORE ENJOYMENT EVERY MUE Tip-Toe Hydraulic Shift with fluid Drive SMITH PONTIAC CO. Here i- vlial tlmuditiul people em'; where been for and hoping for 1 Here, at l.i-l. is. a car ihal yon all llic boM Features of modern dc.Miiii without demanding facri- fiiTf your family's comfort, or convenience.

ll designed lo fit YOU instead of jou having to hi into il. You don't have lo w-ripplc into the new DC Solo. You wall, in ami you kt-cp your hat on. Ihe slrcrin: docsn'l liil your knees. Tlicrc'f more, room for all passrn.cers.

front and bark. And nol only are the windows and windshields logger. You can mil of them you're -MUng on liiMirinu? eliair-liiph Yes, il'? a thrill to look at. Hut you w.m'l have lo rcl.uil.l ymr garajze to il in. A dentol lender doesn't mean an expense liixly job.

And you can slill cli.injic a lire, if have In. Ki.lc'M'bc smoothes! you acrha.l. Drive? De.boto lels you drive without shifting- New in and see them all. No milter what car you thought you were lo liny, compare il wilh llii; brilliant nc-A DC Then deride. June in "tin nil.

New leenng High Compression Powermaslei lagin NcwAII-Wcalhcr Comfort Syslcm Faslei Getaway Ignition System Longer Wheelbase with lull "cradled nde" Sarejuard Hydraulic Brakes wild new Cycle-bonded linings 'Ubnle Treated Cylindei Walls Salely Him Wheels and Supei Cushion Tries BLY1HI VILLE DMOTO UK YOU DKIVI WITHOUT SHIFTING I omw on DE SOTO PLYMOUTH OUIEKS rot BNI stMci, SQUAH OEM MOTOR SALES Inc HOW. Walnut Phone 886 Soy if With Flowers The Flower Shop Glcncoe Hotel Bldg. Phone or 2747 D.P.L. NO. 15 COTTONSEED DELINTED, TREATED and SACKED Slale Cei'lil'icd 85rr Gciminalion 1 Vr.

Kiorn Station A TON OR A CARLOAD Also Good ALFALFA HAY For Sale MAGERS GILL Dell, Ark. Phone 2272.

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About The Courier News Archive

Pages Available:
164,313
Years Available:
1930-1977