Show f 5 1 v A Security Taxes Tax Must Be Paid There is a misunderstanding about the payment of social security taxes according to Harry E E. Johnson manager of the Ogden social security office Some people have the mistaken Idea that they can voluntarily quit paying the social security self-employment self tax once they apply for social security retirement retirement retire retire- benefits ment A person 72 years old or older I Ican can receive social security benefits benefits bene bene- fits even though he continues to operate his business Mr Johnson John son said A person between 65 and 72 years of age can receive benefits for all months if he is not earning over 1200 a year and for one or more months in any year in which he earns less than I 2080 Such Ruch a person must however pay his self employment tax as long as he has net earnings from self employment of or more morein in a as a younger self employed person does A persons person's age Mr Johnson said does not determine whether whether whet whet- her he pays a social se security tax That depends on whether the work from which he receives the Ite Income Is covered by social se 18 and In the case of self employment by whether the yearly net earnings earnings amount to at least Mr Johnson will visit F park City on Wednesday May 7 T 1953 and will be at the Memorial Building at 3 pm p.m. |