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Show r :r-n r 4 iYM L SV t v GRADUATION CDTA graduates last Thursday were Row 1, Angula Lee Sutch, Jenalyn Topham, Bodi Madsen, Shaun Houston, Chadley Blackhurst, Jacob Johnson, Paul Kerns, Johnny Roundy, Christopher Hanks; Row 2, Angela Little, Julie Bethers, Angela Goss, Camille Carlson, Jannifer Paul, Andrea Chynoweth, Jodi Chynoweth, Sheri Patch;' Row 3, Tammy Dodge, Andrea Neilson, Natalie Stueck, Chad Jacob, Christopher Blackhurst, Shelly Young and Jason Smith. CDTA is Child Development Teacher Aide at Pleasant Grove High School. IRS Forms Late for Kmas dable to provide a benefit to families who otherwise do not earn enough to file a return. To help assure that those who qualify for the earned income in-come credit do not overlook it, and as a convenience, this year the worksheet for the credit appears on page 2 of the 1040 and 1040A tax packages. Personal Tax Credit Tax Forms 1040 and 1040A for 1976 also provide for taxpayers tax-payers to take a personal tax credit of $35 each for themselves them-selves and listed dependents dependen-ts or 2 percent of the first $9,000 of taxable income, whichever is greater. A number of taxpayers who filed Form 1040 last year will receive Form 1040A, the I'RS advised. Those receiving the shorter form could have filed it. instead of Form 1040. a SALT LAKE CITY, UTAH Federal income tax packages for 1976 have been delayed but will be on their way to area taxpayers during the second week of January, 1977, the Internal Revenue Service said. Both the Form 1040 and the Short Form 1040A reflect various changes in the law stemming from passage of the Tax Reform Act of 1976, according to the IRS. These changes cover such areas as child care expenses, income received during retirement, business use of a home, and sick pay, among other provisions that are effective ef-fective for tax ' year 1976. New tax tables enable those with taxable incomes of up to $20,000 to determine their taxable income at a glance, without calculating rates. The tables must be used whether or not the taxpayers itemize deductions or use the standard deduction. Beginning this year, some of the eligibility requirements for the Earned Income Credit haved been liberalized. However, the IRS reminded taxpayers who are eligible for the credit that they still must file a tax return to receive it. The credit equals 10 percent of the first $4,000 of earnings and is phased out as adjusted gross income rises from $4,000 to $8,000. It is refun- review of records by the IRS revealed. If the taxpayers' situation has changed since they last filed a return, however, they should check to see if they can reduce their taxes by itemizing deductions of Form 1040, the IRS cautioned. As a result of this year's legislation, the standard deduction, which must be used by those using Short Form 1040A, remains 16 percent, per-cent, with a maximum of $2,800 for married persons '. filing jointly ($1,400 for married individuals filine separately), and $2,400 for single persons. The 1040 and 1040A tax packages both contain information infor-mation to answer most questions about deductions and completing the tax returns, along with an order blank for requesting free publications or extra forms from the IRS. Supplies of forms and instructions will also be available at many banks and Postal Service offices, of-fices, the IRS said. |