College Costs and Tax Breaks for Parents and Students
New York report explains how scholarships and student loans affect a family's tax picture. It outlines how a $3,400 scholarship can keep Loretta dependent for tax purposes while a loan may remove deductions, and how extra home lodging value counts toward support. The column notes the remaining 143 days in 1976 for studying education tax strategies.
MENTIONED IN THIS ARTICLE
New York
Loretta
Prentice-Hall
Internal Revenue Service
Field Enterprises, Inc
Theater Time Listings Show Classic Films and Concessions
Tuesday theater schedules across venues list multiple films including The Omen The Shootist Benji Hard Times and The Gumball Rally with times from matinees to late shows. Notable note mentions former film star Norma Shearer aged 72.
MENTIONED IN THIS ARTICLE
Norma Shearer
Reagan Relaxing At Ranch
Ronald Reagan and wife Nancy are spending the week at his California ranch retreat as campaign officials say he enjoys the location. The spokesman notes no major plans beyond a television interview, with a departure slated for Kansas City for the GOP convention.
MENTIONED IN THIS ARTICLE
Santa Barbara
Calif
Ronald Reagan
Nancy
California
Kansas City
FDA Recalls Heart Drug For Wrong Pills
The FDA orders recall of 5135 bottles of Quinaglute Dura Tabs due to one bottle containing an asthma drug by error. The recall affects states east of the Rockies and centers on code R60978. Patients should consult pharmacists or doctors if taking Quinaglute. The mix occurred in March distribution to pharmacists and clinics.
MENTIONED IN THIS ARTICLE
Washington
UPI
Food and Drug Administration
Rocky Mountains
FDA
China rushes aid to quake victims in Peking tent city
AP reports Hatsinhua notes food and daily goods flowing into Peking with street markets and barber roving teams. Millions live in tents since two major earthquakes struck Hopeh and Tangshan. Officials warned of possible new quake and have not released casualty figures.
MENTIONED IN THIS ARTICLE
Tokyo
Peking
Hsinhua
Hopeh
China
Tangshan
Tientsin
Senate Votes B-1 Delay Sparks Conference Tug
Negotiators from both chambers proceed toward a final decision on B-1 bomber production after the Senate approved a $104 billion defense bill with a delay on B-1 funding. House negotiators earlier rejected a delay amendment, setting up a conference after the August recess.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Senate Conference Committee
Jimmy Carter
John Culver
Drown
Senate Appropriations Committee
Culver
Conference
Court Approves Higher Natural Gas Prices With Refund Condition
A federal appeals court cleared the FPC approved price hike to go into effect but requires producers to refund excess charges if the FPC later rules the ceiling was too high. Refusers to refund would block price increases until the appeal concludes. The move aims to boost gas supply for winter.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
FPC
Power Commission
Commission
Florida
Ohio
FPG
The
Vorster Says Riots Won't Be Tolerated
South Africa's Prime Minister John Vorster urged calm in a Point magazine interview after police killed two more Black protesters in Alexandra near Johannesburg. He warned the breakup of law and order will not be tolerated and said grievances could be heard without government panic action.
MENTIONED IN THIS ARTICLE
Johannesburg
South Africa
UPD
John Vorster
Alexandra
Vorster
Point Magazine
Ford Passes Second Anniversary Quietly
President Ford marked his second anniversary in office with no public ceremony at the White House. Spokesman Ron Nessen said the occasion passed quietly, noting Ford assumed the presidency on August 9, 1974 after Nixon's resignation.
MENTIONED IN THIS ARTICLE
Washington
Ford
White House
Ron Nessen
Nixon
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