Denton Record-Chronicle (Denton, Tex.), Vol. 56, No. 153, Ed. 1 Wednesday, January 28, 1959 Page: 9 of 10
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PAGE NINE
By John C«He« Marphy
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Remember, too, as noted in an
earlier article, that the
$50 of
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THE BEV. W. A. MeCANN
HENRY
By Carl Anderson
T
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ELLA CINDERS
MISGCNDER,I WANT
WENT
MATHES
F
HEW
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com-
state and fed-
122 L McKinney
DU2-2723
t-t
. By Al Capp
LONG SAM
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Solution of Yesterday’s Puzzie
4
1,19
By Lee Falk and Wilson McCoy
THE PHANTOM
You can claim one
Ml
(BzE;,
children.
I
sr
/
exemptions.
value of any scholarship to figur-
By Fred Harman
RED RYDER
HELL FAT, WETge
WHAT B&F ZEE
ME
9
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334
WITHOUT PAYING
RED
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By Bob Montana
MICKEY MOUSE and LPL DAVY
By Walt Disney
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Dik Browne
By Mel Graft 4
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dy Carl Grubert
THE BERRYS
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HOW COMB
VURE NOT
IN SCHOOL,
JUNIOR?-
exemption for each of your chil-
dren regardless of his or her in-
a joint return and the stock is
owned jointly with your wife)
BUT X CAN'T
HOLD MY HAND®
WHAT’S IN
T HEKFj
ing out whether you provide more
than half the total support of a son ,
or daughter who la a student. Bene-1
fits under the GI bill, though, do
count as part of a student’s sup-
%
mamum
MBB !l
MBB ।
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FHow
O
o
O
mt benefits) and
the Railroad Re-
HAVE TODO
THINSS -
FOR T
them- “Mh
SELVES.. (0.
isn’t a candidate for a degree, the
maximum exempt amount to MOO
a month for 36 months.
c
5
!
.!
3. Be a citizen of the United
States or a resident of the United
States, Canada, Mexico, Panama
or the Canal Zone.
, 4. Either have been a member of
Z HM- N
' MUSTBFA
WOODPECKER
OUT THERE-
It is important to note that your
children must meet the other four
Crossword Puzzle
i
J
10. Cooking
necessity
11. Stains
17. Sheds
•gaothart
19, Five-dollar
bill
20. Def see
21. Charge, as
a firearm
22. Large
bundle
24. Extol
26, Hebrew
DOWN
1. Thick mist
2. Miss
LeGallienne
2. Doses
4. Glossy
5. From nor-
until
evening
4. Grant the
use of
7. Haul
4 Word of
choice
1. iridescent
gem
Wra
By FRANK CORMIER
Associated Preaa Staff Writer
nkseaw
128
i
ACROSS
1. Bogs
(.Lowest
female voice ■
9. Advanced
in years
12.
13.Twopain
14. Liquidate
IS. Wide
opening
14. Children's
game
17 Female
horse
come
eleven"
10. Minute
fungoid
growths
tl. Pound;.
abbr.
03. Or. aveng- -
mg spirit
14. Former
President's
nickname
AND SOME HAVE
TO GOTO
HOL..
---2-/28
t By Fred Fox
year or was a fulltime student.
These execeptions also apply to
stepchildren and legally adopted
25. Cereal
grass
27. Cherish
32.Wing-
shaped
34. Unctuous
viscous -
substance.
35. Phase >
34. Evolved
39. Emblem
of morning
41. Goat god
41. Except
43. Near
44. Pitched
47. Discuss
40. Make well
20 Eleat
51. Chess piece
34. Branch of
the sea
55. After
dinner
confection
56. Baked day
17. Faucet
58. Verge
to Kill
SO-O-O, I'M HAMIN’A
HOLIDA/A- f-
HELL TAKE AFTER ME—
MY, Mu ACT
Luca A MAN.
WiT K
PKoBEM53,
(
‘vou SWOULDHAVEMY )
PROGLEM•! M/BUDDY $ L
LYING IN THS HOSPITALI
TVE torr my SHIRT NTHS .
, town...x TOUGHT maym 4
I t COULD RAISE WONG
I CASH TQ COVER Nevus
"r-dan silusi V---
A TRUCK RAN OVER
MV OLD HU LA- HOOP’
823880202273508358,,
WaRk2&STN?
pensation (incluc
oral unampioym
payments under
' youw wo cmtr l \
WNsouD1BS "
i TLLIN VOUM.
/TEouSLsHNVENT
. 1 see YOU vere
c-y* BBFOESV/
—Gifts, meaning money or any.
thing of value for which you per-
formed no service whatever.
— Interest on state and munici.
pal bonds
— Subsistence and rental al-
lowances to members of the armed
forces—dividens on GI life insur-
aneo programs (but no tutorial
on dividends left on deposit with
the Veterans Administration).
You also ctn ignore several oth-
er categories in adding up your
taxable income, but there a re
strings attached.----:—~_
PRIZES EXEMPT
WELL,VOU WONT Do it wy
framing OPEt Hre terrers.
.By Charles Kuhn
SEL-INELAIING RUBBER RAEI-)
mm ITWNK ALLMOU PO» f
PUT IT IN WATER- AH •a
ESmeeYES 3
L
ft.
Xi
J
SECRET AGENT x-y ,
A', it;
T
GEE. HAVEN’T YOU HEAQD.]
GRANDMA ? THERE AM A
FEw CAMS O’ MEASLESP
4N TOWN? f—----\ P
9.35
your household (not counting ser-
vants) and dependent relatives.
RULES OF THUMB
There are five touts which must
be met by such people if you are
to claim them as exemptions. They
must:
1. Have received more than half
their total support from you.
letter
M. Tilt
to. Help
M. Mental
concept
31. Salamander
33Thrust
back
27. Litigation
31Payable
42 Small pies
44 To such a
degree
43 Gr. goddess ,
of air
44 inclined
walk
47 Distinctive
flavor
48 Exhausting
effort
10 Partner’s
response
$2 Palm leaf
53 Lock
opener
53 PineTree
State: abbr.
you’e MAPS \
(uEPINT. N
BUT APPMUNTLY
NoTATTHVC
2 TABLESI m”
Exemptions Warrant Close
(Look Before Being Clai
-
HP
generally la tax exempt.
In. addition, dividends
Y$,VUMAN[-
MV VOTER
GHoaa.uM
oumTs ill!
ALL RIGHT. FREN
-.THIS IS A m-
STICKUP! n.
M|
I L I
4 -4
fl
| | I Ha gURtLY ME^WNEP MB
MywuenAnpgLemgwuLreAeLa-NTpkrNSEN
YOUR OFFICE TODA7 Hl S0NED IT “x*) AbouT THE OTER
I STEAMED IT OPEN AND READ IT WOMAN/ - _
BePDR= HE MALED IT/ r— __ .
3
5g
DO YQU THINK,.
E JIMMIE WILL TAKE
ER-MXI ORME Pj-—
SO MUCH TE
—V ETTER
■» R •
Year Around Air Conditioning
RYAN BROS. PLUMBING
' 1" "
---
/ '
’iFWGHOULVWlpOU AREzEErwRRK Lr
10 SNENK OUT I $MART ONG/ BEAVER wi
AN ADDED SERVICE
Our customers are Invited to use a letter drop which we have
installed in the WEST WALL OF OUR BANK. Just place
your deposit or any transaction, WITHOUT POSTAGE in aa
envelope or attach your name and instructions, drop in the
slot. and it will reach our night depository vault We will
complete and mail a duplicate of the transaction to you.
IWENTY MILES X? SHORE~
#WEvSADaShRK-
INFESTED
WTER-
URI .
EEL
TIRU STANDING NII7
OVR THERE. Y f7/
BY THR . }---
REFEGHMENTSJ/
Ju6NEAD
—=
FIRST STATE RANK OF DENTON
Member Federal Deposit Insurance Corp.
VANDHOWDOYOUKNOW K.
[ THAT BOLT IGNT RETURN- LA
—NN6YOURAFFECTIONFOR 662
HIM MERELY TO GAIN INFORMATION,
FOR HISOWNUSES, ABOUT MY
FoMTiNoMETHODSfHOW
Wednqudaz, January to, 1950 •
FIGURING YOUR INCOME TAX-
up your string of Moo income tax
exemptions.
Exemptions are the biggest
single tax-cutting device. Each one
lops $600 off the top of your
taxable income. If you can calm
enough of them, you’ll owe no tax
at ll.
The rules for claiming exemp-
tions are stiff and often misunder-
stood Many taxpayers, for exam-
ple. don't know that the man-who-
came-to-dinner may be a legiti-
mate tax exemption.
Another queston that puzzles
many taxpayers: what is income?
It may be that some of the money
you received in 1958 isn’t consid-
ered income by Uncle Sam.
COUNTING EXEMPTIONS
Exemptions will be discussed
first—-because they're a more plea-
sant topic.
You are sure to get at least one
exemption, for yourself. And you
get a second one if you were 66 or
over on or before Jan. 1, 1959.
If you file a joint return, you
also get one for your spouse — two
if your mate is 65 or over
Any blind taxpayer to entitled
to still another exemption.
I
?
e
Y0O-Hol)AVOKCE!
ANYPODY I A-A
THoMe$/HMAN
Soci
54/
k“ 7 "
■ • * -
7
Ha-vmam-
TTjp’
11 * . (
THE DINTON B RCO R D-C H RO N I C L 1
.THANKS TO TteHM
ERECKLESANMY
* .
n i - ' d
I ? i‘--
YOU UX3U LIKE A FINE \
BCV MERE- ISA DIME )
— pom you • •/
7ig
AT‘$ SMALL And $NEAKV, •
DAN/
At Denton Church
The Rev W A. (Bill) McCann
of Austin will be evangelist for a
revival which hexing tonight at
7-45 at Denton’s First Assembly
at God Church.
The special services will be held
each night, except Saturday,
through Feb. 1, said the Rev. J.
Curtis Carlin, pastor
The Rev. Mr. McCann la a grad-
uate of Southwestern Bible Insti-
tute of Enid, Okla., and has serv-
ed for many years both as an
evangelist and a pastor.
Special music will be part of
the services, said the Rev. Mr.
Carlin.
--- --------subjectto
tax are eligible for a special tax
credit which is explained on page
“ - th IS Lestruionpooklet. Revival Starts
ed as exemptions even though
they’re not members of your house-
hold are: mother, father, mother-
in-law. father-in-law, brother, sis-
tor, stepbrother, stepsister, broth-
er-in-law, sister-in-law, 6on-in-law,
daughter-in-law, stepmother, step-
father, grandparents, grandchil-
dren or—when related by blood-
aunt, uncle, niece or nephew.
In some cases, several people
chip in to provide more than half
the support of a relative, such as
a widowed mother. Although none
of them contributes more than half
the support alone, each can take
a turn claiming the exemption if:
1. The supported person meets
the five tests for a dependent, ex-
ept that no one person provides
half the support.
2. The person claiming the
exemption contributes more than
10 per cent of the dependent’s
support,
3, Each ether person in the
group files a statement with IRS
declaring he or she is not claim-
teg the individual as an exemptlon
for that same year.
Note that dependents, other than
your children, can’t have report-
able income of $600 or more.
TAX-FREE INCOME
The following income la tax-free
and doesn’t have to bo reported
by anyone:
— State and federal Social Se-
Ceminvewmek
2,
092
Alllastyear youworried about PPThe relatives who can be claim-
supporting your dependents—your - *"5°-
family and perhaps other rela-
tives or a down - and • out friend
who came to dinner and never
left. Now you can rejoice and add
ze mem-adee
— :..... M
n.1uiwon3.n
ow ............
N
/YETTEES SLE0ABOA
BESINNIN L TONIGHT/
16/253 Emg
I
CAREFUL— )
#
M/ HOw CAl
AcHieve THAT'
CAN I HOLD HUM r
)p
your household for the entire taxa-
ble year (that can cover a long-
time dinner guest), or be related
to you, or your spouse if you file
jointly. ■
I. Have received less than $600
in total reportable income during
1953.
There are exceptions to this fifth
edAddttynuichompthpnmemerantt curity payments, workmen's
ture service tn the denor. the priz-
teats or you can't claim them as ea and awards are taxable,
nefdentaily. you can ignore the exempt arshbsrecipiont is* a ota
* " ‘ ” date for a degree. If the recipient
G&9m
Api
y*,
‘o7,Twsomr.sa.
MAfS YOU AM LAST
iue,NOfeuse
YOU WOULDN’T R
I UKU GAMBLING
tirement Act.
- Inheritances and death bene-
fits from life insurance policies.
— All government payments and
benefits to veterans and their
families, except interest on ter-
t
The odds are that any other
money you collected during 1958
is taxable. To run down the list
of taxable income:
Wages, salaries, bonuses, com-
missions, fees, tips, interest. prof-
its from the sale or exchange of
property rents and royalties, prof-
its from farm, business or pro-
fession. income from states or
trusts.
Even alimony and separate
maintenance or support payments
received from someone who de-
ducted them on his or her tax re-
turn are taxable.
Tomorrow; Tax breaks given
job - connected expenses, sick pay
and retirement income.
■SHBBB
*m,
Jr
------------— _ . Prizes and awards are exempt
come, provided the child was un- from taxes if given in recognition
der l» at any time during the tax of past accomplishments in civic,
literary, artistic, educational. sci-
entifie, charitable or religious
fields. If you had to enter a con-
test to get a prize or award, or
agreed to perform a substantial fa-
return XT's
for IBM with their hsuband or wife. Hty.
923-67.8,
5
_:4
351
HI AND WIS
puymuU-
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OUT WHY GOMI J
OPLE HVT )
WORK ALL THE y-
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SWT 'EM AWAYIEEtuzNertwedm
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MEXa~a---«rG-
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ITs CALLED h WHO
’A SPHEREFUL ) DREAMED.
ExPERIENCE" J THAT UP!
■* (
.....
ARCHIE
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ANQASFASTAS YOU CAN.) NOT Ti IVEASkEp
_WHEVER TOO ARG NLY A te6TONY
< IT GOT MB IN
THIS SHOW FREE ) B-BUT
. AND THEY , r- HOW
SERVE FOOD! ) DID YOU
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Denton Record-Chronicle (Denton, Tex.), Vol. 56, No. 153, Ed. 1 Wednesday, January 28, 1959, newspaper, January 28, 1959; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1453454/m1/9/: accessed June 24, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Denton Public Library.