Lancaster farming. (Lancaster, Pa., etc.) 1955-current, March 21, 1970, Image 26

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    -LuncnHiT Farming. Saturday. March 21.1070
26
Income Tax Return
(This U lhr third of ti series of sl\ articles prepared by
(hr l»enns>hanla Institute of rerillled Public Accountant-* on
tnonr> -sluing tax hint** in pieparing >our Federal Income tax
return.)
Cheek These lleduclions
On Your f.S, Tax Return
Each year man.v laxpajers ov ilu , tl j| deductible' under miscel- One way to solve this silua
eipay then Fedei.il income tax l.meous deductions on Schedule jg jq prepare your own
by failing to claim all the deduc- A- frozen dinners, says Mrs Ruth
lions allowed Taxes lot 1969 will i ns tiuctions on the back of J - Buckl Penn Slate cxtension
be higher than in the past be- . . . . _ ‘ . ~ foods and nutrition specialist
cause of the 10 pe. cent surchar- Schedule A. Foim 1040. should
ge. so it is impoitanl for taxpay- be read by taxpajeis as a guide
rs to know the deductions that to permitted deductions The in
*re available s'i uctions aic not allmclusive.
While the following list is nol
complete, it deductions
that are often ovei looked
The use of youi cai for charit
able woik. foi example, qualifies
as a contribution at 5 cents per
mile This would include unreim
bursed use of a car in soliciting
for the United Fund. Gnl or Boy
Scout Leaders transposing
scouts to camp and so on
Contributions of old clothing
or other items to be sold by
charitable organizations are de
ductible A statement should be
obtained from the chanty as to
the amount realized from the
sale or the fair market value of
the donation
Interest on installment pur
chases is deductible but is limit
ed to 6 per cent a year on the
average unpaid balance if the m
terest ehaige is not separately
stated by the stole If the mteiest
is detailed, as specified by the
“truth in lending” law, the tax
payer may be able to claim a
larger amount Sales tax tables
ard provided in the Income Tax
instructions and are suitable in
most cases.
Pennsylvania charges sales tax
on automobiles and boat purchas
es, and these qualify foi sales
tax deduction.
A deduction is allowed for 50
per cent of the cost of hospital or
surgical insurance policies, up to
a maximum of $l5O The portion
not allowable as a direct deduc
tion can be added to other medi
cal expenses Deductions for
such other medical expenses and
medicines, however, aie limited
toy a percentage of the taxpayer’s
adjusted gross income
Medical expenses include such
items as transportation foi med
ical caie by commeicial carriers,
or by >our own automobile at 5
cents a mile Othei tiavel expen
ses for medicalcaie are allow
able, but expenses for lodging
and meals at the destination are
not allowed unless they aie part
of a hospital bill
Fees to a certified public ac
countant or others for assisting
■with your income tax return are
deductible, as are fees to an em
ployment agency for securing a
12 4-H Wildlife
Exhibits Judged
Twelve exhibitors displayed
their wildlife exhibits at a meet
ing of the Lancaster County
Wildlife 4-H Club Wednesday
evening at the Farm and Home
Center.
First place winnei among girls
was Debbie Barley and first for
boj s was Michael Delp
Second place winners were Fay
Stoner and Jeffrey Kauffman.
Pictures of Geimany were
shown by Mark Stoner, 1051 Ed
en Road, Lancaster He recently
returned from the armed services
there
The club’s reorganization meet
ing is scheduled for April 22 at
the Production Credit Building,
411 W Roseville Road, Lancas
ter.
Cookinj> for one or two need
i.i w job fmon clues piofession no * l L ‘ !,vt ' you with leftover
,il clues, piofission.il journ.ils l’ oo, l s little vaiicly in your
and certain education expenses nieals.
however, and taxpajers should
consult a CPA or call the local
office of the Intel nal Revenue
Service if they are m doubt.
MR. FARMER
Let the facts speak for themselves
The Geauga Lake County Dairy Service Asso. Inc.
represents 7100 cows.
The latest records show the following information.
24 cows with over 20,000 lbs. of milk
(we fed five of the top ten)
21 cows with over 750 lbs. of fat
(we fed four of the top ten)
(ours averaged 879 lbs.)
47 cows with lifetime fat production over 3,000 lbs.
(we fed 30% of those)
The highest herd average was 15,044 lbs. of milk.
(Guess who fed them.)
What we’re trying to say is.
With performance like this, we must be doing
something right.
Call your Pioneer man:
S Trading as Good’s Feed Mill
Specializing in DAIRY & HOG FEEDS
New Providence, Pa.
Phone 786-2500
SINCE IST*
Hill
BUILD UP YOUR
fORACE YIELDS WITH
SARANAC
ALFALFA
A variety that is nicknamed
the "Jack Rabbit" Alfalfa
Because of its . . .
FAST GROWTH.
Plus
High Yields
Long Life &
Qualify Leafy Hay
Ask Your Agway Salesman
For the Jack Rabbit Alfalfa.
The one with the hop, skip and jump in it.
Save Leftovers
In Frozen Meals
Begin when you’re in the
mood for cooking. Start with
roasting a good sized cut of
meat, then prepare a favorite
vegetable and/or fruit.
When the food is cooked, put
a seiving of each food into a
sectioned foil tray and you'll All you do to biing them to
have a templing meal fiom youi seiving temperatures is to put
ficczcr. Wrap the tray with alu- the frozen foods in a 423-degi cc
minum foil, label the package oven for about twenty minutes,
as to contents and date pre- Leave the foil cover on while
paicd, then freeze the food healing,
promptly. All kmfts of meat nn d
Notice that dessert is not in- reheat well, reminds Mrs. Buck,
eluded The day you use the So do sweet potatoes, peas, car
frozen dinner you can prepare lots, and most other vegetables,
a pudding or have ice cream or So cook up a feast and prepare
cheese and fruit for dessert. If your own frozen dinners. Count
you’re watching calories, finish on having them for guests, too.
11 Moneymaking Alfalfas
• DuPuit
• Vernal
• Buffalo
• Ranger
• Cayuga
• Narragansett
8 Moneymaking Clovers
• Certified Pennscott
• Select Pennscott
• Penna. Medium Red
• Midwest Medium Red
• White Blossom Sweet
Clover
Fresh seed mixed and Inoculated (FREE)
NEW CERTIFIED CLINTFORD OATS
Save with REIST'S Seeds
REIST SEED COMPANY
Mount Joy, Pa
Finest Quality Seeds (Since 1925)
FO
MOU
MOIPMM
• Close-Coupled. Just pick up and go ... get around
quickly, easily. Mount and dismount in minutes.
• Truss Frames— Plow stays in rigid alignment forfast,
accurate work.
• Extra Clearance— Beam to ground, and moldboard to
moldboard. Less plugging.
• Plus: Shear bolt or spring trip beams ... quick
change Razor Blade shares ... and much morel
Complete range Of sizes, including big 5-bottom series, with full
line of bottoms, shares and accessories.
Come in Now-Buy on Our Easy Terms!
cnnn ALLEN H - MATZ ' |NC -
F[ [ [ 505 E. Main St., New Holland
the meal with fruit, Mrs. Buck
SUKKCSIS.
Another advantage of fio/cn
dinners i* the work they wive.
Also > oil'll be piepared for
an unexpected Kuesl or two. It's
as easy to heal three dinners
as it is one.
• Haymor
• Northwest Common
• Northwest Grimm
• Saranac
• Iroquois
• Mammoth
• Alsike
• Yellow Blossom Sweet
Clover
Ph. 653-4121
Ph: 354-2214