O Tax Break allowed, or $235. However, the (Continued from Page 1) tractor wasn’t large enough, so in 1986 he traded it for a iix years, so he claimed two- larger one, investing an adtli birds of the investment credit t j ona i 54500 s: t WEEK AFTER WEEK - - MONTH AFTER MONTH - - More and More Milk Producers Are Taking Advantage Of It. Results Are Speaking For Themselves. If you haven't 1 tried our GREEN PASTURES DAIRY FEEDS, give us a call and one of our Dairy Specialists will stop and explain the program to you. He'll give you an honest appraisal of the results you con reasonably expect. 4ft Miller & Bushong, Inc. Ph. Lancaster 392-2145 If You Can’t Afford To Cartef Your Bam .. * Use MARTIN’S BfIRN-DRS! • KtM* tan Jim anrf unitary • Swaaltna lha sal • Raaluui slippint NAM H. MARTIN, INC. Ilia Ml, ft. Gap 4424148 Terre Hill 445-3453 New Holland 354-2112 Rohrerstown, Po. Now his taxes arc doubly complicated, McAllister points out. Since he owned the trac tor for four years, the farmer qualifies for only one-third of the total investment credit— not the two-thirds he claimed Therefore, on the 1986 tax re port he must pay back half of the investment credit he claimed, or $ll7 50 A special line, 14b. has been added to the 1040 foim for (his pur pose The fannei's second piohlcm is to deteimme the basis foi figuring investment credit on the new, larger ti actor he bought The ba=is for this ci ed it is the amount he paid over and above the trade value of the original tractoi (in this case, $4,500) plus the unde pieciated value remaining on the old tractor Since there were two yeais remaining of the six-year life or one thud of the original $5OOO tractor, this remaining value is $1367 The basis for detei- Green Pastures Dairy Program (Area Code 717) ''Finest Service Anywhere" Lancaster Farming, Saturday, February 11, 1967 • Crops & Soils (Continued from Page 1) bushels and plant population averaged 20.700 per acre, Lueck noted. SOYBEAN REPORT Leading oil the ail-day pio- inining investment ciedil on the new ti actor would be the sum of $4,500 and $1067, or $6187 If the life ol this new Uacloi is six veais, the fannei could claim two thuds of the full seven percent investment cred it allowance This ciedit—s2B7 in this example—would be le ported on form 3468 and the tax ciedit transferred to foim 1040, line 13 Take advantage of invest ment credit, McAllister ad vises. It may seem complicat ed, but each dollar of (ax credit is a dollar of tax you don’t have to pay. The Is Really Working! gram Friday was John Yocum, superintendent of the Field Research Laboratory near Landisvillc Yocum reported on soybeans as a possible crop for Lancaster County. Me re lated yield data on 13 varieties which wen* tested for a three year period, and stressed the lact that if area fanners could obtain yields ol 40 bushels per acie, soybeans could veiy like ly compete with com as a piolilable ci op "It a taimei doesn’t need all Ins land for feed production for his livestock there may well be a place lor soybeans in the lotation,’’ Yocum said. He added that soybeans are more adaptable to dry condi tions than corn, lor example, and could possibly be planted after barley was harvested, in stead of leaving land idle Yo cum also noted that the costs of raising soybeans are general ly less than those of com. Other speakers on the pro gram included. George Bergg ren, agronomist. James Eakin, chairman agronomy extension section, Clarence Bryner, ag ronomist. and Larry Click, agricultural engineer. With the exception of Lueck and Yocum, the speakers were all fiom Penn State University FARMER PRICE LEVELS STEADY IN JANUARY HARRISBURG Price lev els remained steady foi Penn sylvania farmeis dining Janu ary The ci op portion of the January index of prices re ceived wa» pushed upward by inci eases in fuut and vege table income Howevei, this was offset bv a decline in the livestock and livestock prod ucts index resulting horn low er dauy and poultiy prices. Although meat animal prices were geneially higher, hog prices continued their down- (Continued on Page 9) FARM RECORD BOOK We have a FREE copy for You The fa\ onto record book for thousands ol farmers for the past 10 > ears ... It is easily kept, yet complete Especially designed for helping prepare your in come ta\ report . Also very useful when dealing with banks and govern ment agencies Can help improve vour farm operations, too . Prepared bv competent accountants, approved by county agents and other farm authorities Keep better financial records of your farm operations with this 32-page* Keystone Farm Record Book. Ask for your FREE copy today! TOBACCO MUSLIN W. L. ZIMMERMAN & SONS Phone 768-3131 INTERCOURSE, PENN A. 5