Show Oct OLD AGE ARID AND SURVIVORS Not This Is tho the eighth of a s of articles on Social Security Old Ago and Survivors Insurance Questions should be directed to t the Social Security Field Office South West Temple Salt Lake City Utah Telephone 5 Ext 15 5 Last year about this time thousands thousands thousands thou thou- sands of individuals were preparing preparing preparing ing to pay for the first time the social security tax premium on onnet onnet onnet net earnings from self-employment self in their own trade or business It was a new law then and was wa not fully understood by everyone Some incorrect payments were made and some payments were not made which should have been For the most part however the payments were complete and correct cor cor- a a tribute to this newly covered covered covered cov cov- ered group Soon the folks who worked for themselves in 1952 will be paying the second annual premium on this insurance so 50 heres here's some information information information in in- formation to help them You WHAT WHAT You must not optional option option- al pay 2 21 i 2 per cent of your NET NEr earnings from self-employment self in any trade or business except the following Do not count earnings from rom operating rating a farm or from SELF EMPLOYMENT as a lawyer lawver physician dentist osteopath chiropractor chiropractor chiro chiro- tractor naturopath C Christian lh h r l 1st s t l I a n Science practitioner optometrist veterinarian vet professional engineer architect funeral director or licensed licensed li li- censed or full time full time accountant Also do not count rentals from real estate unless you are a real estate dealer nor income from stocks or bonds unless a 3 p dealer in stocks or securities Do not pay on covered earnings s sin in excess excesS' of for the year If covered not net canines are le lethan less than for the year do not pay any social security tax thereon WHEN Once WHEN Once a year at the same time the final income tax re return return turn is filed WHERE The WHERE The same place the income tax is paid HOW Use V Use the form forni called Schedule C obtainable at th the nearest federal income tax Be sure to read the instructions instruction on page image 4 of that form fonn Dont Don't fa fato fato fa to insert your social security number number num num- ber in the space provided near the bottom of page 3 If you dont don't already already al al- al ready have a social security car card Contact the nearest social security office right away so you'll have It bv by the time your tax return Is filed NOTE This article concerns SOCIAL SECURITY TAX for the self It should not be confused with income tax For further further further fur fur- ther information ask the nearest social security office for the free booklet 22 A representative of willbe will willbe be in Davis County on February 10 1953 Anyone desiring help m nh information in connection with should contact the Salt Lake City office so that a time an and place to meet the representative at ata a nearby town can be arranged |