Indianapolis Times, Indianapolis, Marion County, 30 December 1946 — Page 4

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0. S. INDIVIDUAL INCOME TAX RETURN FOR CALENDAR YEAR 1346

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EMPLOYEES —lushad of use your Withholding Statement, Form W-2, 85 Fie | Ee eae | | Distriet (Caghler's Scamp)

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apoasss i795. Pleasant, t.

+ Street and oumber or rural route)

Sept Lc

Emenee EIRIRREREES 1 Mame eo Relitonchiy Hama (posse in) .

Your Exemptions)

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wife

Your soln X..Doe ........] S08 DOB......coereaer ecnionnes| .. dANGHLET...... Bradley Roe. ..................| .ephew.

and other compenss- Insurance, bends, ele. for taxes, dues, or

reimbursed expenses, soe Instruction 2.

Mombars of armed forces and persons claiming travellag

int Doployer’s Nome

| Where Espleyed (Cy ind Sota)

: AJax Sales Corp... Sandy. Hooky-Se- Emm

Lena Bin. Bo, _Uichacha_akiachad)

Nensnnsen

3. Eater here the total amount of your dividends 4. Enter here the total amount of

your interest (including interest from Government obligations ennnavinenmmssrnemncnstorinatanrariiiinninsrenttanrasrrsnesnrssnnannes le

HERE IS AN EXAMPLE—This is the way to begin filling out Form 1040 for a joint return. Don't forget your social security number. Exemptions are discussed in this article and again in the fourth and fifth. Items 2, 3 and 4 are discussed in the

third and fourth articles.

1947 Income Tax Primer—

How to Deduct Expenses Of Earning Your Money

Salary Costs Can Not

If You Use Withholding Statement

Third of

By 8. BURTON HEATH NEA Staff Writer : WASHINGTON, Dec. 30.—The principal source of income, for most who use these articles, is compensation for personal services. In Group A of the taxable income list that accompanied the first article, this includes everything except interest and dividends. For income tax purposes your wage or salary is what you were paid

before deductions for social security

Be Subtracted

a Series »

Elks Lodge 13 to Hold New Year's Dance

hold its annual New Year's party and dance tomorrow night. “Hoosier Nighthawks"

for dancing. A floor show will be presented at 11:30 p. m,

ALCOHOLISM

If you cannot control your. drinking and do not understand why, conta rsonally or by phone ime mediately. Information without obligation. Our Service for Men Only.

The RETREAT

41 West 324 St. TA. 021 An Exclusive Home for the

Charles Spoon's will play

ern

Indianapolis Elks lodge 13 will

at the ‘Hotel Antlers

Treatment of Alcoholism

and income taxes, union dues or

assessments, hospital or other in-

surance, savings bonds, pension ee permission from your internal. retirement, garnishees or arything revenue collector. else.

“If you file your withholding statement you can not deduct any expenses that you paid, without re-| imbursement, in earning your in-|

deduct most such expenses as wee | necessary and customary.

2 Arbitrary Groups

into two arbitrary groups. | One is those treated as expenses

of traveling and living while away from home. These can be deducted from your compensation even if you

use the tax table or the standard |; yal

The others are considered as miscellaneous items and can be claimed only if you compute your own deductions. Both groups will be discussed in the fifth article. | All Compensation i The wage or salary item includes all compensation for personal serv-' ices whether in cash or goods, serv- | ices, food, lodging, or anything of value. But to this rule there are minor exceptions: ONE: If a clergyman is given money with which to pay rent, it is taxable income; but if a parson- | age is provided, its value is not! taxable, TWO: If your employer provides lving accommodations, or meals, or clothing, in place of part of your money wage, its value is taxable, But if he provides living quarters because it is to his benefit to have you live in a certain place (as, for a building superintendent in the building of which he is in charge); or If he provides supper when you work overtime without extra pay; or if he provides tools necessary in your work for him, or a uniform required by him which does not otherwise replace your

each year, shown in the table on the bond,

come. If you use Form 1040 you c pjand Teport 1 as interest, or you

| 3 Deductible business expenses fall 3¢h

You may either:

ONE: Compute, the

for each bond | increased value]

TWO: Ignore the interest until 1 the bonds and as you sell e, report for taxation the, “profit” ,made by cashing it for more than you paid. Dividends Are Separate | This yedr dividends are reported separately from interest. They do not include so-called dividends on insurance premiums {from co-operatives. Exception to

this is in rare instances where the|

co-op designates them as distribu-! tion of profits. They do include dividends on corporate stock. If all of your 146 income came from the above sources, and if the total from interest and dividends and wages not subjected to withholding tax did not exceed $100, and if your total income from all sources was not as much as $5000, you have the right to file your withholding statement as an income tax return. Otherwise you must use Form 1040. In any event, the best way to begin preparations is to get some scratch paper. List, separately: ONE: Your (and your wife's) wages shown on withholding state- | ments. | TWO: Your (and your wife's) | compensation for personal serv-| ices as defined above, not shown on withholding statements. THREE: Your and you wife's) taxable dividends, { FOUR: Your ,and your wife's) in-| terest income, Add each group, If you find that you

are entitled

* yegular clothing, their value is not | © file your withholding statement, taxable,

Any interest that you receive from any source (except a few tax-free government bonds which mat many taxpayers own) is ‘tax-

You need not report interest due to you but not paid during the year; but if interest is ‘made available to you, it is taxable even though Jou 48 not take physical possession The Interest on a bank account was “paid” to you even though you ' didn’t take your passbook in to get it credited. The interest on bonds is paid even though you did not

You can treat the interest on war bonds (including pre-war “defense” and post-war “savings” bonds) in either of two ways, Having selected one way, you must not change to the other with-

Advertisement Deafened le un Now Hear Clearly device so

“small that it fits in the hand and enables thousands

either jointly or separately, and if you are sure that you do not have enough deductions to make such a course expensive, you are ready to go.

NEXT: How to prepare withholding statement for filing,

NENG

® Rub in gently-warming,

doctor—than five

or |

rélief from muscular soreness and pain. Ben-Gay con- + tains up to 2% times more methyl salicylate and menthol—famous pain-relieving agents known to every t other widely offered rub-ins. Insist on genuine Ben-Gay, the original Baume Analgésique.

Also for Pain due to RHEUMATISM, NEURALGIA, and COLDS. _ Ask for Mild Ben-Gay for Children.

ONT TO

By Elsie, the Borden Cow

“Time Out for Refreshment!”

“And of course it's Borden's ice cream,” says Elsie. ‘‘Even Elmer will stop partying for such a treat as this! Be sure to include it in your party menu. There's a Borden dealer near you."

Bordens ICE CREAM

os RTT

(ITT

soothing Ben-Gay for fast

y i = u a

: : : Jl

hu TTA

INDIANAPOLIS TIMES _

SHOP TUESDAY THROUGH SATURDAY . . . 9 A. M. TO 5:25 P. M.

AYRES" DOWNSTAIRS © STORE

(

S—=—"2_ (The “BUY WAY" of Indianapolis) S—

- TOMORROW IS

"END OF MONTH SALE

Doors Open at 9 O'Clock! Sorry, No Phone, Mail or C. 0. D. Orders!

Registered

Ayres’ Downstairs Store E. 0. M.* is a regular monthly clearance of all odds and ends, soiled and damaged merchandise — in addition to many special purchases — all offered at the lowest possible prices! Come in early to get your share of these marvelous bargains in our December

E.0.M.*

Every Department Included!

Save on Items for Family and Home!

Clearance of DRESSES

200 One Piece Dresses and Jumpers Reg. $3.98, $5.00, $6.98, $8.30

Now $2.00

In sizes for juniors, misses and women.

100 Reg. $8.30, $10.95, y $12.95 Dresses

Now $5.00

Dressy, casual and tailored dresses in juniors, misses and women's sizes.

15 Reg. $5.00, $7.90, $8.95 Maternity Dresses

Now $3.00

casual melon,

10 to 18.

Special Purchase! Manufacturer's Close-Out

WOOL JERSEY . DRESSES

$500 Reg. $129, $14, $169

Warm and practical dresses for school, work or wear, gray, brown. Sizes 9 to 15 and

and shetlands.

WOMEN’S, MISSES’ AND JUNIORS’

COATS REDUCED

Reg. $18.00 to $30.95

Winter Goats Now °14*-°18*

Taken from our regular stock! All wool fleeces, suedes, meltons Choose from wraparounds, bobby coats, Chesterfields, boy coats and shorties in fitted and boxy styles.

In beige, black or

Reg. $6.98 Misses’ Chenille Robes_____.___ Now $3.98

In rose only. Sizes 14 to 20.

Reg. $3.00, $3.50, $3.98 Cotton House Dresses, Now $2.00

Cotton prints and stripes in fast colors. Broken sizes.

BOYS’ AND JUNIOR BOYS’ WEAR

FOR BOYS Reg. $7.69 to $9.98 Part Wool Robes 2. .... cicenecen- NOW $3.98 Reg. $1.25 to $1.40 Fancy Dress Shirts ......... —-==--NOW $1.00 Reg. $1.00 Winter Muff Caps_______ NOW 50¢

Reg. $1.00 School Color Eton Caps__NOW 50¢ Reg. $7.95 Wool Checked Shirts___NOW $4.95 Reg. $13.98 Quilt Lined Overcoats__NOW $9.98 FOR JUNIOR BOYS

Reg. $7.98 Flannel Robes________ NOW $3.98 Reg. $2.65 Western Style Flannel nine a... Now $1.29

Reg. 89¢ Warm Cloth Helmets

INFANTS’ AND TOTS’ WEAR

Reg. 50c Infants’ Knit Panties____NOW 25¢ Pr. Reg. T9¢ Infants’ Creepers

CIPTORUIANSY oem tn ce NOW 265¢ Reg. 59¢ Infants’ Plastic Carriage Cover Holders__________ NOW (5¢

Reg. 26¢ Infants’ Flannelette Sacques, NOW 15¢ Reg. $7.28 to $9.98 Infants’ Wool Top Fleece Coat, Leggings and Hat Sets__NOW 1/, PRICE Reg. $5.40 to $5.98 Toddlers’

Snow Suits ................. NOW '/, PRICE Reg. $12.98 to $18.98 Tots’ COM ei aaa NOW 1/, PRICE

Reg. 69¢ Tots’ Sleeveless Union Suits, NOW 5¢ Reg. T9¢ to 85¢ Tots’ Cotton Slips___NOW 39¢

MEN’S WEAR CLEARANCE Reg. $4.00 Heavy Fleece Work Trousers . Reg. $12.90 Mackinaw Jackets ___NOW $5.00

YARD GOODS

In Full Bolts and Remnants Now '4 - V3 « V2 Off

a and ends of woolens, rayons, cottons and coated aprics.,

Reg. $3.98 and $5.50 All-Wool Cardigans

Now 51-97 wa $2.99

In assorted colors. Sizes 34 to 40.

Reg. $2.70 and $2.90 Slightly Soiled Blouses

Now $197

Clearance! PLAY SHOES

625 Pairs, Regular $3.95 to $4.95 Now 1 99

Sandals and ballet shoes in red, green and brown elk, suede and black gabardine. With leather soles. Sizes 4 to 9 in the group. Narrow and medium widths.

In assorted styles and colors. Broken sizes. Corset and

Girdle Clearance Re Zp. Now 90:00 Reg. $8.50 Zipper NOW $6.00 Stretch

Corsettes Corsettes ........ NOW $3.50

Reg. $5.00 Two-Way Reg. $5.00 to $7.50 Jr. Panty

vow... $3.00 ; $6.60 Reg. $2.00 and $2.25

now $1.26 , $1.60

Reg. $1.25 Garter Belts

Caressa ms tne

300 Prs. Reg. $4.60 to $6.95 TR an AR aa NOW $2.99 Discontinued styles of “American Girl” “Betty Shaw” and “Styl-EEZ” shoes in gabardines, suedes and patents. Sizes 4 to 9, AA to C widths,

120 Prs. Rog. $4.50 Gold and Silver Finish

Evening Shoes NOW $2.90 Flat heeled evening shoes in broken sizes. 676 Prs. Reg, $5.96 to $8.95 Dressy SHS... come mm NOW $4.95

Popular styles of ‘Betty Shaw,” “Tailored Tred” and “Styl-EEZ” shoes in calfskin, gabardines and patents. Blzes 4 to 9, AA to C widths.

LAMPS

1-14 -1% ~ OFF!

Table and vanity lamps, some complete with shades. Decorated china, plain or twotone china, onyx and marble or red-ruby glass bases.

TEENS’ AND GIRLS’ WEAR

Reg. $18.40 and $19.98 Teens’ Winter Coats NOW $12.99

Reg. $22.50 to $32.00 Téens’ Winter Coats ____NOW $14.99 and $16.99 Reg. $3.98 and $5.98 Teens’

Cardigan Joatars i ee NOW $3.00 Reg. $3.98 Teens’ Slipover Satoh Gi Tae" NOW $1.99 Reg. $5.00 @irls’ Pinwale Corduroy Slacks NOW $3.00

VENETIAN BLINDS .. Now # Price

Beveral sizes from .26- to 48-inch widths. Some are slightly damaged.

SOILED CURTAINS .. Now # Price

Soiled or damage’ curtains. Some display samples,

’ a Lo

_ MONDAY, DEC. 30, 1046 .

AAO AT AO

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SI Easnnussn Downstairs at AY RES! 1000

WASHING" , Of sweeping ref | If and whe representation They will and even of U, Some of the the reforms ar lack of funds, Secretary { State James Byrnes will se the necessary a propriations fro the new congre: However, NM Byrnes alrea has begun mai reforms whi can be carrie | out without fu | ther funds. U. 8. diplomas today already di that of the pre: of these change to change almos The state deps service are recru number of men fore the war. In 1939, appr fessional diplom U. 8. in other co aided by 2000 cl cellaneous emplc Today, the U abroad by 58 aml sters. Most of th diplomats, plus sionals, 3800 othe and employees, of more than 1! Hope 1 By 1048, the to have more tha tives and employ lows: Professional di Members of a serve” which is | Administrative ployees, 5300. Alien employes nance personnel 9000. A year from all of the full diplomats represe foreign countries sonnel taken in the state departm are realized. Most of these war veterans, - Wider D The newer m U. 8. diplomacy sentative of the

as a whole tha diplomats were. The recruits c more widely dist: the U. 8. than ¢ did. They went to c re more widely « Fewer of the 1 men’s sons from board. Fewer ari [pensive and 0ols, Morepver, the nd foreign serv vide variety of functionaries to trengthen the ol

’

Let me tell you y thing. I found that CROWN cot ing more econon clently than I Wash-day worri front door and a by the friendly man.

Use CROW OLD ROU

WEARING WASHED, § AND DRI FLAT PIECE

Up to 8 Poun Extra Pounds

SHIRTS . ....

Least Charge on 8

Just Phone CH Our Routema