Tax tips revise 1967 and 1987 Form 1040 deductions
Sylvia Porter explains changes for health insurance premium deductions and capital gains reporting for 1967 tax returns. Rules shift to allow partial deduction of premiums and easier reporting of mutual fund capital gain distributions. New sales tax deduction tables use total income including exempt income, with guidance for next issue.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Research Institute of America
Treasury Res
Auerbach seeks high court post to fill vacant seat
Los Angeles based Erich Auerbach 53 plans to seek one of two Superior Court judge openings created by retirements at the end of current terms He is a University of South graduate and has practiced law in the area for many years and indicated his candidacy on Sunday
MENTIONED IN THIS ARTICLE
Los Angeles
Su- Municipal
Erich Perior
Auerbach
The
University of South
Haing
Dahlberg
Pine Age
Long Beach
Calif
Pine Ave
California Law School alumnus appointed to Municipal Court
In 1952 he graduated from California Law School and in 1964 was appointed to the Municipal Court by former Governor Edmund G. Brown, marking a notable step in his legal career.
MENTIONED IN THIS ARTICLE
California Law School
Edmund G. Brown
Bay Toll Bridges See Record 92 Million Vehicles
The Division of Bay Toll Crossings reports over 92 million vehicles used seven state bridges last year, up 5 million and a new high. The San Francisco Oakland Bay Bridge carried 55 million, more than the other six combined, with total traffic rising 5.9 percent from 1966.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Division of Bay Toll Crossings
EF. R. Foley
San Francisco-Oakland Bay
Foley
Losses May Split Family Tax Filing
In California a community property state, heavy losses or high medical insurance premiums may favor filing separate returns for married taxpayers. IRS guidance from F.S. Schmidt notes one half of a $1,000 net capital loss deductible on each return if filing separately, and medical insurance premiums over $300 with up to $150 deductible per return.
MENTIONED IN THIS ARTICLE
Los Angeles
Cns
Internal Revenue Service
California
F.S. Schimidt
International Revenue
Southern California
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Runaaewseyers
Unis
Thenelaa
Fenney
San Francisco Scouis Court
Greyhound
Serenity
Rose Hills
Pageant OF Roses Garden
America
Memorial Park
Orkman Mill Road
Whittier
Oxford
Bauphs
Farmer John
Delmonte Catsup
Ineless
Chuck Rollen
Obby
105
Angeles County Heart Association
U.S.D.A
Ralphs Sherbet
Rainbow
Cery Ralphs
Ralphs
Sunkist Kinnow Tangerines
Graham
del Ame
ParamouNt
Lakewood
SD Deli
Braunschweiger
Columbia Encyclope
Valley View
Beona Park
Setai
Breakhurst
McFadder
Westminster
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