Tax forms and 1970 changes explained by IRS guidance
The Clare Sentinel outlines how to obtain tax forms if you did not file for 1969 and explains 1970 rate changes. It notes the basic and itemized packages, standard exemptions set at $625, and who must file, including part time workers and students. It also covers farm repair deductions and dependency rules for daughters with part time jobs.
Retirement income credit aids seniors under new tax rules
The Retirement Income Credit aids older Americans with taxable income who do not receive social security or railroad retirement benefits. The IRS offers to compute the credit for up to 30 million filers, requiring Schedule R and “RIC” on Form 1040 line 22, and notes 6 million low income filers need not file in 1970 due to standard deduction changes.
MENTIONED IN THIS ARTICLE
Cou
IRS
Internal Revenue
Internal Revenue Service
Handicap proves his worth in a life rebuilt
James L Caldwell, burned and blinded at 25, designs a shoulder powered wheelchair and hydraulic entry lift after a Maryland rehab program. He later becomes a programmer at Chesapeake and Potomac Telephone, earns Social Security disability benefits, marries Karen Bishop, and plans a home for them while praising rehabilitation funding. The Mt Pleasant Social Security office provides contact details.
MENTIONED IN THIS ARTICLE
James L. Caldwell
U. S. Naval Experimental Station
Annapolis
Maryland
Caldwell
Maryland Rehabilitation Agency
Jim
Chesapeake & Potomac Telephone Co
Social Security
C & P Telephone Company
Karen Bishop
Mt. Pleasant
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