Indianapolis Times, Indianapolis, Marion County, 29 December 1947 — Page 11

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" MONDAY, DEC, 29

You'll Eat

"engaged in a program to supvly|all of the next (seventh) . article!

2. 1947 es

: : THE, INDIANAPOLIS TIMES Your Income Tox Primor—No. 6

12 Lbs. Less nen Meat in 1948

Production Still Above Pre-War Mark .

Te eT

Louvmmy B is for repairs.

Net profic (or Jom) (col. 2 less of cols. and

ments and enlargement. {right hand column of Schedule B. ; i | All other deductible expenses,! Complications” arise when one OHICAGO, Déc. 29 (UP)—The < ‘ - American Meat Institute predicted Income, total deductible expense and taxable profit are shown in Schedule B (above), with a note After being assembled in Sched- Sones Pst of & buliting i inte today that in 1948 each American calling attention to the attached explanation. If this room has been set aside for continuous rental, and | |ule .G, yo B% a tote). for smch| wa es the a or & come) will have to be satisfied with 12 not used by the family when v t, the Does could have charged off the entire $150.82, even though the gen ne A he sii i Piation of both, For example, rent ould have had et of $6.82 t other taxable | ese might include rental : Jounds less meat than he ate this Yous Was vacant 16 Weeks-in whieh ease they. w 3 low ugtin |vertising, commission to rentai or Ing one room in a house part of the : * neeme. management agent, light, heat, gas, Year, using it the rest of the time. oer Sepia flick} predictive adv. Accuracy Keynote water, telephone, hired janitor ol Use Plain Paper ’ maid service, insurance, expendabl pre-war average, the Institute said Of Detailed ‘Chart supplies bivalve Rl Ton a Tis gar Ow Average American el By S. BURTON HEATH the rented building. or room, de-|tration with this article. capita consumption in 38 years. | ww ASHINGTON. Dec. 20—If you

In a year-end statement, John F. had any 1947 income from any Krey, chairman of the Meat Insti-| source named in Group B, in the tute's board of directors, said ‘hat! heck list that accompanied the this year's meat production totaled first article, it goes in Item § on

Schedule B, page 3 RENTED ROOM

During 56 weeks of 1947 we rented one of the six rooms in our house. Total Tefal, shown in Column 2, Schedule B, was $144. Expenses of operating our home were as follows:

{computed in Schedule FP and added on the entire building for the whole

fifth column. of Schedule B. Eliminate Assessments

what you rent and what you use, Findlly, divide the share allocated

If you own the propeity you may to the rental portion, between time | 23,300,000,000 pounds. Form 1040. : Sent 3500.00 charge here interest on the mort- rented and time used. l Prices to Remain Up | This item includes every bit of Lights 82.43 gage, real estate taxes, personal, If you have a room, a tenement He estimated next year's produc- taxable income excepting Compen- Telephone” 30,00 taxes on furnishings, franchise or or a building for the specific purtion at 21,500,000000 pounds. Next sation for Personal Services, divi- Maid Service Firedy * 186.40 use taxes or fees. Do not chargs pose of renting it, you ean charge year, he said, animals will be “sent, = mpic ic the sixth of. 10 authori- | Repairs and Maintenance 21,27 pnb pem—— to market ap lighter Weights be-' y(ive understandable articles in | Water Charges 12.00

cause of the need for conserving .npa's annual Income Tax Primer, grain, : prepared by NEA's recognized There will be less “finished” be€l! authority on income tax problems for choice cuts of meat, Krey said. | in consultation with Bureaw of

Krey did not mention prices, but| ynternal Revenue experts. These attributable to this room for entire year. 36/52 of

he said that “consumer purchasing - step-by-step articles show the als #104. charged in Col 5 acalnst power for meat is expected.to re-) wage-earning taxpayer how te 250s 2 yuals tial 5 i. ose more likgly to have stomach ulcers| were found to +be much more alike

main at a high level in 1948.” | make out his income tax return because women, although they re-| {in reaction to stress than unrelated

; Y : t ) * Stress lax 0 el Krey, who is executive vice presi- with a minimum of effort and a act more i TESS: TO MOFe| children. Brothers or sisters are

While Sara was away at school, Mrs. Doe rentgd. her room for 36 | ...idly and récover more uickly. So ANd Seherel TR Hage of bi WAXimum of accuracy. weeks at $4 a week, receiving $144 in all, This of house. | PCY 8 ore | Aijke nan coping, | and I mn 0., « LOULS,

| “The answer to sex differences | identical twins are even more tlike. .82 for the year. But because Sara used it while “ " : dends, and interest. Nobody has, hold expenses was $150.82 in ul is explained by the wa fad) Sonjusion” soqtronts be Meat all of these: many have mone of at home only 36/52 of that $150.82, or $104.41, can be charged off a ytie to Y br. Wall lac N pack hg Kn aah i i them. But to provide for every against income. This leaves a taxable profit of $39.59. aliace New Master

L. W, Sontag, of the Fels Research! price controls. | possibility on one line, schedules help you reckon profit or loss un! When renting an entire build Institute, Yellow Springs, reported Of Brookside Masons Supply Not Reduced A to G are provided on page 3

The figures are assembled there, LE Tor ll 8 on possess solely for the. Purpose] the Advancement of Science here, a7 Wallace wil be instalied as “ : v ' Schedule Y V x yo Jara pipe "and only joe Jotal goes Jn Jem 3: Schedule G. You use Schedule Fjof renting it—you should charge| Dr. Sontag found that girls rong VOIP ashe ‘ y a “By fen t LI al. of your 4 Only to figure depreciation on suild- depreciation. Compute this ini more to stress, but that they also| 3 ‘ p. m. Thursen now, when this country is Group A you can skip this an ings, equipment, furnishings. {Schedule F' (or on plain paper) relax and recover more effectively] my In the Temple, 10th and Gray) hl - | Such schedules terrify many lay- and enter -only the final result than boys. The experiments inTon for Diingay Ieople BUFR: ve- Sept ng foul Subject, Totalingt . You don't have to use them.| (from column 9, schedule F) included plunging a-child's hand-or! Installing officers will be Joseph the food grain supply to any appre-. Rents and royalties require all It iy will be easier for you, the coi-| column 3 of Schedule B. ! foot into cold water for a minute. | |B. Farmer, Kenneth Jordan and ciable extent,” he sald. the space available today, so Sched- lector will accept a report on plain Don't figure depreciation on op tilting the person tested head {Thomas M. Greenwood. George; “ ; Be. ul AA ities and Pensions—is paper, attached to Form 1040, vro- land value—only on buildings, or down at a 45- degree angle for two Pheasant will be organist. A distinction should be made pe-|ule any ies vided it gives the facts asked in the furnishing and equipment. Figure and a half minutes, and then! Other: officers to be installed are tween food grains, such as wheat, left for tomorrow. . schedules. If you do this, be sure to it only on items that you have measuring changes in heart rate, Robert DeNoon, senior warden: | Which provide human food, and h rents we Xo Nem rhs enter your final profit or loss figure exclusively for rental purposes, and plood pressure, electrical resistance Newton McClelland, junior warden: He rem, i Yeh Wii than realize it, be. I the right-hand column of Sched- do not use yourselr : of the skin, and other physical Fred R. Gorman, secretary; Roy I. y ti———— cause you are supposed to report ule 8, Page 2. ; Pamphlet Necessary Clues to: emotion. |Eberly, treasurer: Georgé Ash Sr. * profit on any rental received during, If you do use the schedules: |. A sizable pamphlet is required : OES Meets Tomorrow the year—even for a spare room In Schedule B, column 1, list to list depreciation rates on vari- or turning upside down is purely junior deacon; Donald D. Doll Sr. Indianapolis Chapter, OES, will rented a few nights as a favor. each rented property separately. ous items. Those of interest to physical, Dr. Sontag Shplaincd that senior steward; Homer DuGranrut,! meet at 6:30 p. m. tomorrow for, On the other hand, you can de-/Describe it briefly— ‘brick hous,” | most users of these articles are|it produces almost exactly the same|junior steward; Frank Hacker, | iti will follow at 8 duct expenses connected with tne “frame garage,” Ser oo vias “rented Fo and if these exceed home,” “half of two-family stuc-| buildings and equipment (which shocks of a mental or emotional|chaplain, / worthy grand matron, will be honor income from it, you can claim a loss./co.” In the second column, for each assumes & rentable life of 40 to 33 nature. Mr. Greenwood, Mr. Jordan and | guest. Three schedules are provided to property, show total rental received. years); 2 to 3 per cent on small]

Women Relax More Quickly And Lessen Rate of Ulcers

By Science Seéfvice | facts discovered earlier in collaboraCHICAGO, Dec. 20—Men ° are|tjon with Dr, Hudson Jost. Cousins

Insurance on Furnishings ¥ 8,00 Total expenses $004.90

One=-sixth of above expenses amount to $150.82

THEY'RE

with shoes in imaginative colors ., .

Although the shock of cold’ water senior deacon; Willlam W. Duggins, |

“one room in my|2’s to 3 per cent on apartment | kind of physiological changes ‘as do|tyler, and the Rev. A. Glen O'Dell,

Dr. Sontag’s findings fit in with Mr, Farmer are trustees for ‘1948.

de ise © n ky o\anlisly LZ

The news in resort wear this season is colorfic!

gay little handbags which swing af, your side.

‘dwellings and equipment; 2 to 2's assessments for streets, sidewalks, its expenses for. the entire year, | (oh farm buildings; 10 per cent on sewers or other local improvements whether it is rented all the time,| . | home furnishings, overall; : | If you rent’ the property and get’ part of .the time, or not at all, But| The fourth column in Schedule income from subirental, charge in lit you use it “When vacant—even | Assemble such) {column 5 the rent that you paid. though you don't need it, and| charges in. Schedule G and show|* Add the expenses listed in ‘col- wouldn't have it except that you only their total, for each property, umns 3, 4 and 5—subtract their hope to rent—you can charge its in B, Charge for maintenance total from income..shown in col- ¢xpenses only for the time it actu{and decoration; but not for improve- umn 2. Profit, or loss, goes mn the ally was producing income.

Royalties Outlined Royalties-are handled like rent, in the same schedules. The cost, for column 3, Schedule F, is what you spent creating the book, song, play,

invention or what not. Ordinarily |

this is writtén off, as depreciation, | over the lifetime of the copyright or patent, But if you can show that

It is easier to handle this on plain the article's income- producing life If you furnished paper, as the Does did in the illus- will be shorter than that, the Col-

lector probably will approve step-

preciation on furnishings can be| First figure deductible expenses ping up the deprec ation rate.

{to the miscellaneous charges in the year. Then divide that total between (Tomorrw: Other Income Sources.)

~~ PAGE i,

“*

State 0 Reopening of Rent Profit for Year r Required—Even for Spare Room | St 3

Road Bids Jan. 8

18 Bridges, Highway

Projects Involved Bids for 18 bridge and highway construction contracts will . be opened here Jan. 13 by the Stale Highway Commission.

Commission Chairman John H. .

Lauer said five of the projects will qualify for the federal aid sec~ ondary road program under which construction costs will be met by the federal government and the counties where the work is done. Other projects will be paid for by the state. The federal aid work will be done in Wayne, Morgan, Owen, Howard and Knox Counties. Nine other counties will benefit from the proposed state projects.

CROSSWORD PUZZLE

Answer te Previous Pussle

12 Comes up 5 Belgian river

14 Ground 6 Walking stick 15 Ireland 7 Area measure 18 Chew 8 Equip [19 Jewish Terri- - 9 Hireling

torial Organi- 10 Longs

zation (ab) 11Slip 20 Indites 13 Oscillates 22 Age 16 Royal 23 Down Institute (ab.)

24 Compass point 17 Pronoun 25 Higher 20 He starred in 27 New York — roles * (ab.) 2] He won ——— 28 Redacts 30 Group of students 32 Decay 33 Vehicle 34 Extra 36 Russian warehouse 39 Preposition 40 Comparative suffix 41 Thus 42 One 43 Consumed ch men inglike part 51 Ceremony 53 Be borne 54 Thin board 55 Armor part 57 Property 59 Fastens {60 The ones here

calfskin handbags A * plat

i -] IN YOUR CHOICE OF FOUR COLORS

lovely, unusual tolers which are repeated in the

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Your new costumes will be underscored

[NT 1 [ST 7 8 IS IH COATS IVIEINDI ESTE HE

in both silent 38 Growing out

and talking = 44 Heating device pictures 48 Skills 24 Put away 47 Two (prefix) 26 Greek 48 Alleged force philosopher 49 Vegetable 29 War god 50 Sorrowful ery 31 Constellation 52 High priest 34 Begin 54 Sainte (ab.) |

35 Médical draft 56 Hebrew deity 37 Roof of mouth 58 Shilling (ab.)

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