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wmm. |IPIP|IW!«^PW "WiiJpi lLMWil MM &*aMM MHhf fw lafMM Tax Puffwi *Mr 1M8 and 1»49 income is. you were permitted to jfcfer tax by, the split tat'tWCfcud, provided that: You Wfo attrrfod on the last day of *1* ttt year; the income of both iPfMriMa Was Included on the rei; and both spouses slim the return. There has been no In these provisions in' the tae Act of 1950. ke combined net income of both and their combined ex- UttPtioM Are divided by two; the tiitx return is then computed on fc||(-tile income and such tax is •pwHlplled by twt». ; to order to split the income it is •jrniisury for a couple to file a jmt rteturt, because the gross ln- (JOltie of husband and wife must be mUled. Their deductions must be tetelted. The net Income is then titfctod by two and the tax is complied on half of the net income, UfeorwMg -one-half of the combined MpftptiMS. The result is multiplied by two in order to obtain the tax on the combined Income of husband 'aad wife. This method of computation cannot be used on •^jwfate returns of the spouses. •Trtie tax saving effected by in- Offbe splitting will vary according to the size of the combined income. YOU are reminded that you may Btt receive these benefits if you dO not include the income of both •ffcUMs, even though the income at one spouse should be less than 8taadard Datpctfoa.. Ao»UHildaaVnior • elect to a standard dedaotion it is an al- •™w®' mo. Mainc y of you received bills durln « the past summer for additional t£r your 1949 returns because of a misunderstanding of what cona£ tttes a joint return and what wore the requirements for recelvta « the benefits of this "split ineone" computation. in many instances, the signatarta of both spouses did not apon the return. In some, it noted that the wife filed separately. In others, there was no indication of marital status. Tou ar* urged to complete all items and qaaationnaires on your return to. attiid 'the necessity of adjustments which -might cause you the inconvenMfefce Of a personal call in this 'The tax saving effected by in- O&ue splitting will vary according Wtite *slse Of the combined Income and Its division between husband afett "Wife. If the incomes were •Vial, no saving would be made. II. hivner, all the income or a large percentage of it belongs to one spouse While the other has ifttle or no Income, a large- saving would result, especially "If the income is large enough to put the tax in the higher surtax brackets. » Before you frte your return, be that you have c'.iosen the of filing and computing •Our tax which is most ad vanageous to you. lowance. which taxpayers with ad justed gross income of $5,000 or more may elect to claim, in lieu Of actual deductions, and in. lieu Of certain credits. Each year the taxpayer may de cide whether or not to claim the standard deduction instead of item Ized deductions, since the election he makes for one year is not binding for the next year. The standard deduction is subject to a maximum allowance of $1,000 for all taxpayers whose income is $10,000 or more. Married persons filing separate returns, each of whose income exceeds $5,000. are limited to $500 standard deduction each. Husbands and wives filing separate returns must use the same method of tax compution. If one spouse chooses to itemize his or her deductions the other spoUse is bound by that election and may not use thp stan dard deduction. Tnder the present -law It will usually be to the advantage of married couples to file jointly. In no case could their standard deductions be greater on, separate returns than on a joint return. The question of whether or not a taxpayer should claim the standard deduction is dependent on the amount .of his actual deductions. If they exceed 10 per cent of his adjusted gross income, it would be advantageous to claim the actual deductions. A taxpayer should give careful consideration, making certain that no deductions or credits are overlooked before making his or her election. . If there la any doubt, computation of the tax both with and without that deduction. should be made before, filing the return. After the due date of the return no change is permitted since the election is considered binding. It should be borne in mind that it a taxpayer desires to use the standard deduction, instead of itemized deductions the following credits are not allowable: 1 3 per cent for a partially tax from waglia ' subject to lag. If ydtt have income -stidfe ;:)M' Interest, dividends, or additional wiges which ate not subject towlthholdlng, that income cannot exceed $100. If It does, then you cannot use form 1040A, but must file on the white form 1040. If you have income from rental property, annuities, royalties, farming, business or profession, partnership, estates and trusts or other such sources, you may «ot use this yellow form. NO provision for deducting traveling expense or itemizing your deductions is made on form 104DA The tax on this form is computed from the optional tax table which allows approximately 10 per cent, of the Income for deductions /such as contributions, union dues, interest and taxes). If a taxpayer's allowable deductions exceed 10 per cent of l)ls qr her income, then he or she should file long form 1040. If a taxpayer elects to use tlie yellow form, the tax will be computed by the collector and a bill or refund will be mailed. (2) Short-form 1046 -- It Is called short-form because anyone using it uses only the first sheet on which pages 1 and 2, and the jpN^^^tfce attatih an explanation to come tax form. It Is also vtvfiliated that you complete the return in every Way possible. AA All AAtfl Ar A A A ULY LAKE & tlLYMOOR *>* v V. w ; v - •-"•ft i? Jobla) 1 i .4 Mr. and Mrs. E. L. Marsh and Miss Marcella . Szarek visited friends and relatives •. in Chicago, Sunday, Jan. 21. / On Saturday. Feb 3, ,©•<. N p.m., the P.T.A. is celebrating Founders Day at Cllub Lilymoor, with a pot- . luck, supper. That game that Mrs, Leske introduced, at which we all had such a good time, will be played again, for prizes of course. Everybody is welcome. Mr. &nd Mrs. Bob Krinn and Mr. and Mrs. George Wegener helped celebrate Mrs. JTbe Wegener's tax is computed from the table, birthday' Sunday, Jan. 21, at Mc- Anyone with adjusted gross Incomes of less than $5,000 regardless^ of the source of income may use white short form 1040. Anyone not eligible to use form 1040A because income is derived from rents, annuities, farming, business or profession, etc., may use shortform 1040 provided total adjusted income does not. exceed $5,000. Page 1 of short form 1040 permits the deduction of reimbursed expenses and other allowable expenses for travel, meals and lodging away from home. Tax is computed from the table on page 4 which allows approximately 10 per cent deductions such as contributions, taxes, Interest, and union dues. If your deductions do not exceed 10 per cent of your income, use white short form 1040, find your tax in the proper column exempt interest from government on page 4, and carry it ov?r to Obligations. , (deducted from normal tax on Page 3 of Form 1040). 2. Tax paid to foreign country or U.S. possession. (Line 15 page 3). page 1, line 5. Enter your withholding tax on line 6A and your payments on estimated tax, if any, on line SB. Subtract the total of lines tax-free covenant bonds. (Line 16, page 3) 3. Income tax paid at source on 6A and 6B from line 5. You then ha ire a refund or tax due. If a tax due is indicated, your payment must accompany your return. No matter which return you file, you must attach all your original withholding slips (form W-2) Forma t* Vse Pw hrsaw Under $5,000 For those taxpayers who file on a calendar year basis (except resident aliens) three forms are available for filing iqcome tax returns: yellow form 1040A, white short form 1040 or white long form 1040/ There are certain requirements that a taxpayer should consider before making a choice. (1) Form 1040A--(Yellow fOHfi) fommcaly known as a wage earner's report is the simplest form of the three. If you file form 1040A you do not figure your tax. This Is done by the collector's office which will send you a hill or refund after determining the tax. Henry. The Idlehour club meets at the Millnac home Thursday, Jan. 25. Henry Zobjeck, of Lily Lake enlisted in the army. He Wt Tuesday, Jan. 16, for Ft. L^H|J"d Wood, Mo. Henry is jfML< Mr. and Mrs. Roy Biesecker spent Sunday in Chicago, celebrating the first we^Wf wiWversary of their niece and. nefflnlw,4tr. and Mrs. Gerald Tromp. Lucille Nielsen jutft^qt Qyer the measles. She is fueling fine again. Mrs. Sutide is in Mary ,i*f Naaareth hospital in Qhicago fOi surgery. Washing Machine Cat# Washing,machines kept in a cold place, such as an outside porch, should be brought into a warm room several hours before using. Xf this precaution is not taken, the oil or grease in the machine may be so stiff that the starting load will be heavy enough to blow a fuse in the circuit. Also, porcelain enamel ttlbs need to have the chill off before using. If hot water is poured into a very cold tub, the enamel may cssck. The Public Service Company of Northern Illinois l<as completed arrangements to purchase a 216- acre tract of land on the banks of the Chicago Sanitary ^pd Shfp Canal between Lemont and Lockport as a site for a future electric generating station, it was annonnc ed by Britton I. Budd, president of the utility. The property is on the south side of Romeo Road and fronts three-quarters of a mile along the i^st bank of the canal at a point about ten miles north of Joliet. "At present there are no defiuite plans as to the time of construction of the generating station," Mr. Bud said. "However we decided to buy the property and to go ahead with preliminary plans and surveys for the plant during 1951 on acount of the continuing rise in the use of eiectricity by the homes, farms and factories in northern Illinois. This rising trend has been accelerated by the events of the past six months and by our uation's rearmament program. "The company's electric genera- :ing capacity, paralleling the tremendous growth of the area, has been increased mdre than 500 per cent during the past twenty-five years. All of this expansion has consisted of additions to existing stations. During the last ten years alone, pbpulation of the company's nearly 100 communities and 4I,<HK tanas.** Mr. Budd said that daring l»6l the aew site would be cleared and surveyed and preliminary pittas made for locating the building, the barge docks, coal storage yard, electric switchyard, and other related facilities. "The station probably will be started with installation of one turbo-generating unit of about 160,0^0 kilowatts but it will be designed for additional' units," he said. "The site is large eaoagh and the available water is sufficient to support a plant of 1,000,000 kilowatt capacity with adequate room '; •> fof- »1 i I; ,r '? ,!{'• ' Ooasplete line at iAt?s povltr rowdies at Wattlea Prog Store deBaary. lu •t'aertbo for Tfca Plaiadeaj# , ; i ^ " / c 'Z M' ' Jjl (J > L & H TELEVISIOl! and ; SMJBS^myiQE * v * . - Phoit# 738-Ht i, 406 Fran* 8L or 663-R-2 West MeHtfnry, Hlinoi» U ff by Mc GARAGE •u* my usee car from mqcwuEin S'tuNRTGiMUSi r YOVU. KNOW IWrfTEft^ NaXNTO VUKRM i8LA MTAT.EVKUYAD TITE. IF »I s WprBoRbE aVbOlUy '6o aI' aD oT.R Y .I Te»UYR HNAINNGO TITO SOEVEC R\f HeLUO-SPttOVO--7 I TUANCO THE ANO IT OlOfM'T OO IT A BIT OP COOO. WILLYS-OVERLAND SALE! ' 804 FRONT STREET •If*** PHONE 405T AUCTION ROBERT » » WM JtrSSELL and WM. SULLIVAN, Auctioneers Having decided to quit farming and move to California, I will sell at Public Auction on the Arthur Peet Farm situated on the Green* wood Blacktop road, 1 mile south of the Village of Greenwood and 1 mile north of State Route 120, on SATURDAY, JANUARY 27ih consteaciag at llsOO A* M. sharp* the following described property! 34 Head of Livestock ^v BsiUeri; We can supply Ready-Mixed Concrete fot J^kittd of job--from a back-yard lily pool to a com. pMe new home or building. Prompt, quick delivery exactly where and when needed. • 4?™* Rea<,7'Mixcd (-oncrete»» uniformly dense, enduring and krong-as you expect ot good concrete. The 'mi* is cigM for the use intended ... accurately proportioned it oar central plant. Even a small job gets the benefit ot large voJbpte produaien. To Pmtpecttve Owners of New Homes and Butldinp: Of course you want concrete. It's the modern way to build --firesafe, permanent, moderate in first cost and requiring almost no maintenance. Let us put you in touch with eat- *]pfehe'nced, reliable contractors who will give you a quality /tfOfer at a satisfactory price. $ ! . L*i Cold W«alher Delay Your Wofk. HEATED READY MIX m Doeg Job In Half The Time. : AA Your Contractor or ball Uii. nry Sand & Gravel Co. PhoM:NcKMiry ^4 Stwot McHenry, I1L ItD^Vf tfiWS--3 fresh cows; 2 cows due in 60-90 days; 4 eldse springers; 4 fall cows, milking good; 4 bred heifers (3 due 60-90 days, 1 Just bred); 3 open heifers, 18 months; 3 yearling heifers; 1 heifer. 9 months; 2 heifers. 4 months; 1 heifer, 1 month -- all vaccinated; I & bred Durock-Yorkshire Gilts; team good work horses and harness; 175 White Leghorn Pullets; 10 New Hampshire Red Pullets. •ACHINBBY--1 WC Allis-Chalmers Tractor on rubber with starter, lights with power, lift cultivator and power take-off, 3 years old; 1 McCormick-Deering F-20 Tractor on rubber with cultivator; 1 Allis- Chalmers Plow, 2 bottom, 14"; 1 Dunham 8' tandem disc, 2 years; 1 New Idea Wagon and Rack with rubber tires; i New Idea Manure Spreader; 1 McCormick Corn Planter; 1 10-ft. Grain Drill; 1 8-Sec* tion Drag and Folding Draw Bar; 1 McCormick-Deering Corn'Binderj 1 McCormick B-ft. Horse Mower; 1 McCormick Side- Delivery R^k4|; 1 Papec Silo Filler with 45' Pipe; 1 Rubbered Tired U%goh and Flam Box; 1 Steel Wheel Wagon and Dump Boards; 1 Single Row Cultivator; 1 Buzz Saw; Stewaijt Cow Clippers; 300 Gal. Gas Tank on Steel Stand; Electric Brooder, 300 chick capacity; Chicken Feeders, water fountains, etc.; 100 ft. hay rope; 150 ft. snow tause cribbing; New Power Lawn Mower; Forks, Shovels, Brooms, anv4thiif Small tools. MILK HOFSE EQUIPMENT--Universal Milking Machine, 2 ' single -units and pipe line for 24 cows; Dairy Maid Electric water Heater, Wash Tanks, Pails, Milk Cans, etc. FEED--600 bu. ear corn, 75 shocks corn, 400 bu. oats, 12 ton first crop alfalfa hay, baled; 2 tons second crop alfalfa hay, baled; 8 tons alfalfa and timothy hay, chopped; 2 tons straw, baled; 22 ft. silage in 14' silo; % ton 0-20-20 fertilizer. HOUSEHOLD GOODS, FURNITURE AND FURNISHINGS CONSIST. ING OF: 1 Frostair 7-ft. Duplex Refrigerator, 3%-ft. Frozen Food Compartment, new; 1 Garland Gas Range; 1 Kenmore DeLuxe Washing Machine, new; 1 Singer Sewing Machine; 1 Airline Radio-Phonograph AM and FM, 2 years old; 1 Lazy Susan Kitchen Table; 1 Piano and Bench; 12x15 Beige Fibre Rug, 12x12 Biege Wool Rug, 9x12 Pat- 'terned Wool Rug, 9x12 Blue Plaid Fiber,Rug; Oak Dining Room Set, 4 chairs with blue leatherette seats; Maple Bedroom Suite; Breakfast Table and four chairs and matching youth chair; Qray and White Desk and matching chair; Slip-covered Easy Chair and Ottoman; Studio Couch, with slipcovers; Slip-covered Bed-divan; Upholstered platform rocker; pair matching book-case end tables; Mahogany gateleg table; small gate-leg 'coffee table; 7-way lamp; 3 occasional lamps; Demountable brick and board bookcase; Maple desk, and matching hanging book shelves; small 4-drawer chest, 5-drawer chest; wardrobe closet fitted for child's clothes, matching; Mahogany dresser with mirror; fibre board wardrobe closet; White wooden baby crib, 6 yr. size; Taylor-Tot car-bed; tot-seat, maple high chair, bassinet, buggy, bathinette, play-pen, baby chest, child's dressing table and mirror, blue enamel desk, child-size; red leatherette rocking chair, large child's size; 5 cushion porch glider, brand new, Aard table, clothes bars, end tables, ottoman, assorted small rugs, full lefigth mirror, blue and yelldw chest, bathroom scales. 2 sets 6f dishes, assorted dishes, assorted pots and pans, pint and quart canning jars, recent books, folding day bed, enamel roaster, hot water bath canner, white commode-type chest slip covered couch, wooden-arm rocking chair, kerosene range, electric refrigerator, white table, 4 white chairs, buffet, 4 small children's chairs, set double zinc tubs; dining table 6 chairs, reed table and reed rocker, 1 bed and springs, 1 spring. USUAL BANK TERMS. \\ ' HOS1 RESPONSIBLE FOR ACCIDENTS. * * ROBERT PEET THE STATE BANK OF WOODSTOCK, Clerking. "*. v- Swift's Si Real Treat li-oq. tin JMM> College Im Chlek«H% 51/2-01. gUu Hy Power Chill €•• CsrM 15%-ot. tin *|Jle ,• Hy Power Taaales lift «z. tin S«e Armour free! A Fine Valjue ' m Arnaar Ktar Cbappci Ha«i 12-oz. tin Anaoar Star Beef Stew 16-ox. tin 46c Araiasr Star Chili Cea Car** 14-oz tin Arjaear Star "-•^•'faaialea i,. i*«. «i«m 32« . 4?:" t %!rmear Star >-<Bh I very Soap 99-44/100% Pure 3 !»«• tabs ,13* Per»eaal I very far "That Ivory Look" 4 27« •iS f : > ; Safer lor Colors SI pk«»»- U7m m ; • v t' '• 1 Ifhk White for \Mm *«rq« ptft. Tide Fide» in, Dirt's Oat I oka*- ia.itiiiiMa.iiti Be Sure of Big Savings! c Customers' Corner In order to bring you better food at lower cost we manufacture many of the fine foods you find in your AaP. We have still other items made especially for us according to our own strict standards by other reputable manufacturers^ In either case, our namp on the label is a guarantee of quality and value. May we suggest that you get aequainted with all these A*P products? Try them, an& let us know how you like them. Pleascfwrite; CUSTOMER RELATIONS DEPARTMENT A*P Food Stores 420 Lexington Avenue New York 17, N. Y. ami Prove to Yen-self That A*fi Storewkte Evei^iliyLow Price»Wil| Save Yen Mere Thaa Just a Few "Week Emi Specials" Prices Shown Here Guaranteed Thurs., Jan. 25 through Wed., Jan. 3i • ****** every d.r /° « even .. tamers" tm"t"»»", re *0*^p s °"r Cheddar '-:4,b' *«• « Fresh Cottage Cheese M«en«ter Cheese wiK.n.m e<ill«Ni Milk ,ord.n w lsMMa " Half and Zlalf lord.n 0, AM A f|«il •! m Mmgl... SrllrlaMly Mmrmrtml Hei Monte Peaehen rnm^ed oineappleSt^ % 33* Prane t. k-. Oel Monte Catsup Cut A<t|rt«r*a»gii«> ^ Cwt <Sr«en Beans 'Dee* Bro*rn Beans tlkN., Red Cabhatfe^omM(yto -Sneeofash ............. ....•fcr 2a* in* 2 N*. 2 Del Mante Sauerkraut 2 .Slieeil Beets o«imohi* •; .,.'.0..-... Chill ,ConrCarne Sliced Pineapple 0„ ^ ' devo Shortening Beet Sugar No 2'/i (*-oi flist IH „Golden Corn c,Ufflld Prter Pan Peas Spinaeh 27 ^ oz. " Un« 34c It-OX. I^e Sunny field Flour ... ^ Baking Powder c^, Toffee Cak* Mix tin 2 'K 41' ia« fy-O-M* Clneh Gold Cake Mix <1 TFr'Jo awtin*g Ml* £&~ ,,4Tn:i4* Mb. Sill •ta 1 .. tlb, .::*s » «• m ^Vlnesf p App|^s ,Oretfon D'^njou Pears Florida Tangerines MeClure Potatoes Florida Tomatoes |Pase«il Celery fte|{*rlo Sptttaeh ' Betfalo SaPad Mix Orantfe Inlee SBOwCroP ,««ht 29c lb. ISc lb. 10c «!)< 10-lb b«q *tQ« Ctn t»tf M-J0 9Qii> Mil 29« 29c 1»« Potato Chips^ ^ Veast Baised Donets Popped Popcorn J Potrto Sticks Snrared Donuts .Potato rhips^^' Choeolnte leed DonuSii Jellv Vlntf ?r Donuts Pumped Popeorn ..'itw 41* 1-«. nA. • bt« 4JT IS* <.23* X 27* ?, IS* -• *|. Swift Cleaaser, Sya W--Buy 3 M"* 111. Iiirfii I 'ii'f : •4 'V'f 1 ^ V O r;--rnx.