OCR Text |
Show Page Six i Cancer Campaigners SUN-ADVOCA- 3rd Marine Division Co-ordin- ate i ) 4 District Director of Internal April 16 is such that you are not Revenue Charles I. Fox issued the required to file a declaration at following statement today to re- that time, your expected income or mind taxpayers who may be re- exemptions may change so that quired to file declarations of esti- you will be required to file a declaration later. In such case the mated tax in 1956. The declaration of estimated tax time for filing is as follows: June for 1956 should be filed on or be- 15, if the change occurs after Sepfore April 16, 1956 the same date April 1 and before June 2;occurs if the change tember 15, As 1955 1040 due. for Form your The first installment due on the after June 1 and before September estimated tax is also due on that 2; January 15, 1957, if the change esdate and should accompany your occurs after September 1. inThe tax be equal timated may paid , declaration. Thereafter, payments must be made on or before June installments on the remaining paydates. 15, 1956, September 15, 1956, and ment The the 1957. first step in determining Of course, 15, January full amount of your estimated tax whether you are required to file may be paid at the time you file a declaration is to determine whether your estimated income inyour declaration if you wish. Even though your situation on cludes more or less than $100 of income from sources other than wages subject to withholding. If you expect to receive more than Tips $100 of income not subject to withholding you should examine To the requirements stated in the next paragraph. If you expect to Heres Some 4 Veterans I Purchasing Homes Five tips for veterans with the spring urge to buy homes under the GI loan program were offered today by the Veterans Adminis- tration. The tips are: 1. Make sure your home is near enough to transportation, schools and shopping to suit the needs of you and your family. 2. Be sure your income is large enough to pay all costs of home i p For Quality Printing, Phone Record YOU CANT , MEET FIRE in-ar- non-prof- t wm WiMli KGILB.Y Sir DOSES plans for the 1956 drive against cancer are Utahs own Gerald G. Smith, state campaign chairman (left) and TV star Ed Sullivan, national campaign chairman. They met recently in Cincinnati where campaign plans were laid at the national level. interest to be prompt and reasonably accurate in the declaration low. and payment of estimated income More than $100 not subject to tax. An additional charge of 6 per withholding You must file a dec- cent per year is imposed by law laration if estimated gross income for underpayment. The charge is exceeds $600 times the number of exemptions to which you are entitled, plus $400. To illustrate, an individual expecting to receive more than $100 not subject to withholding and entitled to four exemptions must file a declaration AT PRICE MOOSE if his estimated gross income ex- computed for each installment on the difference between the amount paid and 70 per cent (66-2- 3 per cent in the case of farmers) of the amount which should have been paid. FULL value of your and everything Insure . . . to be Sure! HOME BATTERIES Guaranteed EVERY SATURDAY EVENING 4 Big Jackpot Prizes! protect against losses caused by fire, you need meamore than half-wa- y sures . . . you need adequate insurance coverage today, it costs more to replace your property. Be sure your fire insurance covers home in it. TRADE NOW! RIDE WORRY- FREE ... To wh BINGO PARTY STARTING AT HALF WAY! 8:30 OIL CITY P.M. SHARP West of Underpass Public Welcome! Price Proceeds for Civic Affairs and Childrens Projects. $8.95 EQUITABLE Insurance Agency iptNtMs. Icellt GEORGE PATTERICK and MAURICE TATTON rTIREy 62 YEA Phone 202 30-pa- 1 i ds j ; D n declaration or amended which would otherwise be due on January 15, 1957, need not be filed if on or before January 31, 1957 (or, in the case of farmers, February 15, 1957), you file your 1956 income tax return and pay in full the balance of tax due. Taxpayers will find it to their A PHONE 9 V For FAST-ACTIO- n .I. ii Result! N decla-atio- rr onei way (...but youll prefer the CULLIGA! f i XL CUL-r.1AT- IG e Electric Controls . . . save time and workl Automatic features make regeneration a matter of minutes! Owner-Servic- a : Plan e means years of satisfaction! : e e Exclusive Warranty Plant Cut Dur plastic lined ar for corrosion protection! SOLID . . . STEADY . . . STABLE! Thats the feel of Oldsmobiles ride for 56! The dual stabilizer action of Oldsmobiles Safety-Rid- e Chassis gives you a new sense of control and security . . . doubles your riding pleasure! This is no "shock-and-ro- ll ridel Stabilizer bars, both front and rear part of Oldsmobiles sturdy suspension keep you "rooted to the road, even on the sharpest turns.The extra-heavextra-rigi- d frame resists twisting and bounce. This accounts for Oldamobilea handling stability. And when you add the "muscles of a host of power featuresf, you have the ultimate in motoring ease. six-poi- y, i I CULLIGAN CUL-BROO- i j K WATER SOFTENER Vaius-tact- economy modal CULLIGAN CUL-CLEE- ! R WATER FILTERS Sparklini, pure water lor any komet RATE THE ROCKET ON THE ROAD! This rides too. The 9.25 to 1 got plenty of o, compression of its Rocket Engine means swift, fleet acceleration . . . power to spare. And Jetaway with two fluid couplings, provides Hydra-Matia whole new measure of amoothneaa. c, ONE LOOK and you know . , . Oldamohilea styl- SAFETY-RID- E CHASSIS extra-dept- h for oasier ready for you plenty willing . . . mighty able! See it! Drive it! At our showroom, today! handling-supe- rior roadability! horsepower, high torque of the Rocket Engine! Rugged frame has an center member and 5 cross members riveted and welded into a single unit. fOptianal at extra eNf; Sefty Fewer SiKr ioiUarrf m Swim Ninety-Eigh- u Standard am Sarim NiwyEighi; eptienal at antra eat t am oil ether teriae OVD ROCKET 'ROUND 66 North 1st West It's built to handle the high NEW ing is as advanced as the mechanical features. Look, for example, at the "Intagrille' front bumper. Its two bumpers in one for protection and new beauty. We have an Olds Hf SftfATEST HAMS m WATIN SOMMTIOMHS (ulligan Soft Water Service Co. 9! Th understreaks Twelve 5118 miles from flew non-sto- p London to Austin, Texas last year in 10 hours, 43 minutes, for a new The 1956 reunion of the Third Air Force flight record. Marine Division Association will be held at the Congress Hotel, encourage and perpetuate the Chicago, Illinois, from June 29 memory and spirit of comradeship of members of this famous through July 1. Information regarding the reunion and the Asso- division. The Association is a paciation may be obtained by writ- triotic organization building today ing John Bugel, executive secre- to safeguard the principles of justary, P. O. Box 548, Culver City, tice, freedom and democracy. California. In memory of the courageous The Association is comprised of men who gave their lives in the veterans who fought at Bougain- service of their country, a scholarville, Guam and Iwo Jima and men ship fund has been established. now serving with the Third Davi-sio- n The scholarship fund will be one of overseas. Former Marines, the main topics discussed at this Navy personnel and members of reunion. the 25th Seabee Battalion who A monthly magazine "CAL-TRA- P contains valuable informahonorably served with the Third Marine Division are eligible for tion regarding the membership. This magazine is sent out each membership. it A organization, the month free of charge to all memAssociation was formed to foster, bers. receive no more than $100 of income not subject to withholding, examine the second paragraph be- ownership, including loan princi- ceeds $2,800. ($600 x 4 exemppal and interest, taxes and insur- tions plus $400 equals $2,800). ance, utilities and maintenance, $100 or less not subject to withand anything you are buying on holding The necessity for filing a installments. declaration depends on your mari3. Make certain your interests tal status and the amount of your in such matters as deposits, pur- estimated wages. chase agreements, and sales conA singfe individual, or a married before tracts are fully protected not entitled to file a joint you make a deposit or sign any person declaration, is required a file a document declaration if his total estimated the understand 4. Be sure you income exceeds $5,000. Howimportant legal documents you gross a person entitled to the have to sign when you make final ever, head of a household or status as loan." "close the settlement or 5. And remember, a GI loan surviving spouse need not file a must be repaid. GI loans offer you declaration unless total estimated income exceeds $10,000. many advantages, but like any gross other debt, they must be paid back A married peson entitled to file a joint declaration with his wife on schedule. (or husband) is required to file a and on these five Details tips if his gross income is many other helpful hints for vet- declaration erans thinking about buying a expected to exceed $5,000 and their home with the aid of a GI loan are combined estimated gross income ' VA exced $10,000. contained in the Farmers who expect to receive Home-Buyin- g To the pamphlet, two-thirof their gross income ofVA Veteran, available at any for the taxable year from farming fice. may elect to wait until the following January 15 to fie their declarations. They will be required, however, to pay their entire balance of You Can Sell estimated tax in a lump sum at that time unless they take advanAnything with a tage of the procedure stated in the next paragraph. WANT-A- Non-Sto- Association Sets Annual Reunion Reminder to Taxpayers Required to File Declarations of Estimated Tax for 1 956 1 ' THE Thursday, March 29, 1956 THE BLOCK... AT D YOUR OLDSMOBILE VERN DAVIS MOTOR CO. PHONE Phone 566 GET OUT OF THE ORDINARY ... INTO 945 - 0 DEALERS! 601 East Main PRICE AN OLDS! GET TOP VALUE TODAY... TOP RESALE TOMORROW! Price |