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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Feb 05, 1954
Page
4
Senator Johnson stresses agriculture and small business as vital to Texas. He warns against recession during the current transition and cites 1953 farm income drops of 17 percent, with farm product prices down 14 percent, urging readiness to deploy safeguards and uphold social security gains.
John E. Bartlett of the local Internal Revenue Office explains filing rules for 1953. Individuals with income of $600 or more must file, and under community property laws a wife must count one half of both spouses earnings for taxable income. A dependent son or daughter with less than $600 income may be claimed. Salaried workers should file early and include Form W-2s from all employers.
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