Federal tax benefits for those 65 and older
Gail Cooper-Evans outlines key filing rules for seniors and the disabled from IRS Publication 554. It covers who must file based on age and marital status, self employment thresholds, survivors or executors duties, and when refunds apply for withheld taxes.
MENTIONED IN THIS ARTICLE
IRS
Internal Revenue Service
Special Tax Benefits for Americans Over 65
Four key tax benefits apply to seniors with two universal and two circumstance based exemptions. Full details cover age exemptions, credit for the elderly, and exclusion of residence gain. Filing Form 1040 required. Contact Heritage Agency on Aging or Council on Aging for aid. Regulatory numbers for federal and state tax help provided.
Learning to Read and Count at Any Age
Annette Barrett, 27, teaches McKinley Wright, 82, to read write and count at a Chicago housing project. Wright, who could not read, sign his checks or tell time, now signs his full name and counts money correctly after Barrett’s lessons through the Homemakers Assistants Program.
MENTIONED IN THIS ARTICLE
Annette Barrett
McKinley Wright
Abcs
Wright
Barrett
Homemakers Assistants
Chicago
Iowa Offers State Tax Refunds for Older Residents
State tax relief for older Iowans includes a property tax and rent refund for those age 65 or older on Dec 31 1978 or surviving spouses 55 or older or disabled with household income under 10 000. Forms available from Heritage Agency on Aging Council on Aging Linn County Assessor City Assessor Iowa Department of Revenue. Deadline July 31. A separate special assessment credit may apply for homesteads with income under 5000, with forms at the County Treasurer’s office.
MENTIONED IN THIS ARTICLE
Martha Quint
Legal Service
The
Heritage Agency On Aging
Iowa
Kirkwood Blvd
Council On Aging
36Th St. Drive
Linn County Assessor
Third Avenue Bridge
City Assessor
City Hall
Iowa Department of Revenue
Brenton Bank
First Avenue
Second Street
Des Moines
IRS
County Treasurer's
Tax Benefits for Older Americans Offering IRS Publication
Tax benefits that come with age are described in IRS Publication 554. Request the free guide via the order form in your tax package, by calling 1 800 362 2600, or writing to IRS Taxpayer Service 210 Walnut St Des Moines Iowa 50309. Public service prepared by the Internal Revenue Service.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Taxpayer Service
Walnut St
Des Moines
Iowa
Joint tenancy tax change announced in Revenue Act 1978
Iowa State University economist Neil E Hart notes revisions in the Revenue Act of 1978 on estate tax treatment of property held in joint tenancy. Previously the full value often counted in the first owner's estate unless survivor proof of contribution. The rule drew protests from many, especially widowed farm wives, for higher taxes and lack of credit for a spouse’s contributions.
MENTIONED IN THIS ARTICLE
Neil E. Hart
Iowa State University
Iowa Bar
Erty
Congress
Hart
Capital gains tax on sale of residence eased for some
An Iowa State University economist explains new 1978 Revenue Act rules allowing 55 plus homeowners to exclude up to 100000 dollars of gain on their principal residence. Eligibility requires 55 at sale and three of the prior five years use as home. Rules include lifetime limits and joint filing adjustments.
MENTIONED IN THIS ARTICLE
Iowa State University
Hart
HACAP Congregate Meal Menus For Seniors This Week
HACAP offers senior congregate meals with bread butter coffee tea and milk. Weekly menu includes stew hamburger salad rolls rice pudding Swiss steak vegetable gravy whipped potatoes cottage cheese apricots cookies split pea and ham soup cheese corn meal muffins ice cream baked chicken rice dressing vegetables cranberry sauce fruit macaroni ham and cheese and pie. Reservations and transportation require a one day advance call to 366 7631. Linn County sites Jane Boyd Community House Lincoln School Marion Community Center Central City Community Center Springville St Isidore's Palo City calls listed for reservations.
MENTIONED IN THIS ARTICLE
HACAP
Linn County
Nity Center
10Th Ave
Marion
Central City Community Center
Call
Springville
St. Isidore’s Catholic Church
Senior Activities for Cedar Rapids Area 60 Plus This Week
A weekly roundup of senior center programs across Cedar Rapids area including Salvation Army Community Center Marion Senior Center Ambroz Senior Center Senior Recreation Center Greene Square and Palo. Activities cover information sessions meals painting knitting crafts fitness sing-alongs games and special events with contact details for Ed Olson Elena Iverson and Mildred Scott and center hours.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Salvation Army Community Center
C Ave
Post Office
Ed Olson
Marion Senior Center
Marion Community Center
10Th Ave
Jerry Smith
Ambroz Senior Center
Mount Vernon Road
Lincoln
Elena Iverson
Greene Square
Fourth Ave
Kard and Klatter Klub
Mildred A. Scott
Palo
Randy Edwards
Pleasant Creek State Recreation Area
Iowa
Gazette
Snow melt worries for seniors prompt council help
Senior citizens fear rapid snow melt may flood basements or damage walls. Julie Wahlstrom of the Council on Aging notes they refer callers to shovelers and basement repairers for a fee, available via phone for costs.
MENTIONED IN THIS ARTICLE
Julie Wahlstrom
The
Council On Aging
Wahlstrom
Also Mentioned on This Page
Gail Cooper
ISU
Jane Boyd
14Th Avenue
10Th Street
Lincoln School
18Th Avenue
Ninth Street
Marion Commu
Klopp
Iowa Theatre
Radiobar
Robert S
Bob” Klopp
Eurlstone