Baytown Briefs (Baytown, Tex.), Vol. 13, No. 04, Ed. 1 Friday, January 29, 1965 Page: 4 of 4
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Page 4
Boytown Briefs • January 2% 1965
Family Size (Persons)
RECREATION
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Specialties Takes Lead For
Hot Water Basketball Title
M. J. Rathbone To Head National
Heart Fund Campaign In February
table and must be itemized.
Income As Shown
On Line 9, Page 1,
1 & 2
$7
10
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$10
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Over 5
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&
Here's More On Figuring Your Income Tax
who pumped in 15, including
five out of five from the charity
line.
In the second game, Special-
ties had big Jim Beissel back in
uniform to help overpower Main
Office 48-34. With Bcissel’s 12
points added to John Butler’s 10,
the two provided Specialties with
a lead that was never relin-
quished. Jesse Hargrove was high
for Main Office with 10 points.
Back in action again last Tues-
day night, Main Office met de-
feat again, but not before caus-
ing some anxious moments for
Production in the 42-39 squeaker.
Production saw a four point lead
fade as Perry Beauchamp of
Main Office tied the score at 33
all with less than four minutes
remaining to be played. But two
quick baskets put Production
back in front to stay. Pee Wee
Thomas and Dale Fridley con-
Form 1040
Under $1,000
$ 1,000-1,499
$ 1,500-1,999
$ 2,000-2,499
$ 2,500-2,999
$ 3,000-3,499
$ 3,500-3,999
$ 4,000-4,499
$ 4,500-4,999
$ 5,000-5,499
$ 5,500-5,999
$ 6,000-6,499
$ 6,500-6,999
$ 7,000-7,499
$ 7,500-7,999
$ 8,000-8.499
$ 8,500-8.999
$ 9,000-9,499
$ 9,500-9,999
$10,000-10,999
$11,000-11,999
$12,000-12,999
$13,000-13.999
$14,000-14.999
$15,000-15,999
$16,000-16.999
$17,000-17,999
$18,000-18,999
$19,000-19,999
$20,000 & over
,c)
of surgical procedures to correct . for taxpayers who have widely
most inborn heart defects in fluctuating income. Generally, if
children. your current year income is in
Ganging up in their efforts to grab a rebound. Specialties and R 8c D
players are shown in action that prevailed throughout last Tuesday
night’s game, although the final score was a one-sided 60-22 victory for
Specialties which put the team in first place with a 3-1 record.
prepared by the Federal Taxa-
tion Committee of the Houston
Chapter of the Texas Society of
Certified Public Accountants. It
is designed for general informa-
tion only, and is not intended to
be a comprehensive coverage.
Specific problems should be re-
ferred to your professional ad-
visor.
e
bi J
taxes on your home and other
real estate; state gasoline tax
($.05 per gallon in Texas); and
sales tax based on a table (ac-
companying this article) pub-
lished by the Internal Revenue
Service. Additional sales lax on
automobiles may also be de-
ducted, and must be itemized
separately. Beginning with 1964,
poll taxes, driver’s licenses, cig-
arette taxes, and auto license
plates arc no longer deductible.
(1) Medical expenses for you
and your dependents not reim-
bursed by insurance. includes
medicine and drugs in excess of
1% of your income (line 9, page
1, Form 1040), plus doctors’ fees,
laboratory fees, cost of eye
glasses, hospital bills, and hos-
pitalization insurance, including
group hospitalization insurance
withheld from your salary. Medi-
cal expenses arc deductible to the
extent they exceed 3% of your
income. Taxpayers or dependents
over 65 years of age have not
been subject to the 3% limita-
tion and beginning with 1964
are not subject to the 1% limita-
tion.
e) Other allowable deductions
include child care subject to
limitations, union dues, cost of
uniforms (but not work clothes
which can be worn at all times),
cost of laundering and cleaning
uniforms, employment agency
fees, cost of tools used in your
employment, safety deposit box
rental if you have investment se-
curities such as savings bonds,
and casualty and theft losses.
For each casualty and theft loss,
only the amount in excess of
$100 is deductible.
The 1964 law provides relief
from high income tax brackets
di •'
• »
2,0013 1
excess of 1331% of your aver-
age income for the previous four
years, you may benefit. There
are, however, a number of com-
plexities in this area and if you
meet this basic test, or have un-
usual items of income, it may be
advisable to consult a profes-
sional advisor.
This information has been
1964 Average State Sales Tax Table
This table is based on the Texas general sales tax of 2 per
cent. It may be used when deducting sales lax on Form 1040. If
the table is not used, sales tax deductions must be itemized and
substantiated. Deductible sales lax on the purchase of automo-
biles and gasoline tax of 5 cents a gallon arc not included in the
Monroe J. Rathbone, board
chairman and chief executive of-
ficer of Standard Oil Company
(New Jersey), will .serve as Na-
tional Chairman of the 1965
Heart Fund campaign, the Amer-
ican Heart Association has an-
nounced. This will be the second
successive year Mr. Rathbone has
led the drive.
The Heart Fund campaign will
be conducted nationwide through-
out February 1965 to provide the
funds needed to conduct the re-
search, education and commu-
nity service programs of the As-
sociation and its affiliates. The
campaign’s high point will be
reached on Heart Sunday, Feb-
ruary 21, 1965, when approxi-
mately 2.000.000 volunteers will
call on their neighbors for con-
tributions.
A firm conviction “that the
Heart Fund represents one of the
soundest investments to be made
in America’s future” persuaded
him to continue as campaign
chairman, Mr. Rathbone said.
He pointed out that as a result
of the great strides already made
in diagnosis and treatment of
heart diseases, “the vast major-
ity of today’s heart attack pa-
tients recover from first attacks
and three out of five return to
their jobs.”
Moreover, he said, between
1950 and 1962 the death rate
from stroke has been reduced by
26 per cent and the overall car-
diovascular death rate has de-
clined over 6 per cent among
family breadwinners, men be-
tween the ages of 45 and 64.
Among other advances of re-
cent years, Mr. Rathbone cited
the development of new drugs to
control high blood pressure and
With last week’s round of hot
water league basketball picking
up early season momentum, com-
petition for the title continued
to increase Tuesday night. These
last two rounds saw all teams
in action, with some playing
twice. Among the latter was Spe-
cialties which won both of its
games and took the league lead.
In the first game of the round
played on Thursday night of last
week, R & D was evidently pro-
voked by the poor showing of its
initial appearance, because the
researchers came roaring back
with a 50-46 victory over Chem-
icals & Fuels. Bob Bunlin blunted
efforts of the C & F five by bang-
ing in 20 points which upped
his game average to 16, with
Richard White adding more mis-
eries for C & F by racking up 12
for R & D. High point honors for
the losers went to Fred Hansen
tributed 14 and 11 points re-
spectively for the losers. The Pro-
duction pacesetters were Don
Brown with 11 and Joe Hamner
with 10.
In the second game Tuesday
night, Rudy Savoie sparked Spe-
cialties to a lopsided 60-22 vic-
tory over R&D and present
claims on the league lead. Savoie
contributed 15 points in the fast
paced game which saw Special-
ties display a balanced scoring
attack as four men hit in double
figures. Adding to Savoie’s effort
were George Ward and Bill Wal-
stead with 11 points each, and
Dwayne Andersen with 10. Spe-
cialties’ fast break was halted in
the second half as Ben Rhodes
and Bob Buntin of R & D snapped
on the handcuffs with their fine
defensive play. Buntin’s 10
points also led the R & D scoring.
☆ ☆ ☆
and blindness, but not to exceed
$1.000.
The standard deduction should
be claimed only when it is greater
than total itemized deductions.
Items which may be taken as
itemized deductions on page 2
of Form 1040 include the fol-
lowing:
a) Contributions to your
church and other organized
charities, but not contributions
to individuals.
b) interest paid on your
mortgage, consumer loans for
purchase of automobiles, furni-
ture or other goods, and other
debts.
c) Taxes, including property
AA
Editor's Note: This is the
second of two articles which
may be helpful to employees in
preparing their income tax re-
turns for 1964. The deadline for
filing returns is April 15.
Individuals have a choice be-
tween itemizing deductions or
taking the standard deduction.
The standard deduction is the
greater of (a) 10% of adjusted
gross income or (b) a new
minimum deduction. The mini-
mum standard deduction for
single individuals and married
couples filing jointly is $200 plus
$100 for each exemption, includ-
ing exemption for yourself, your
spouse, your dependents, old age
#gp.5
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Lee, O. B. Baytown Briefs (Baytown, Tex.), Vol. 13, No. 04, Ed. 1 Friday, January 29, 1965, newspaper, January 29, 1965; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1433310/m1/4/: accessed July 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sterling Municipal Library.