Deductions and losses in income tax rules explained
This tenth article in NEA’s Income Tax Primer covers casualty and theft losses, medical deductions, and miscellaneous write offs. It explains how to compute the loss, apply insurance recoveries, and use form instructions, including limits and dependent rules, with Q and A on blood donations alimony and personal property losses.
MENTIONED IN THIS ARTICLE
NEA
Washington Tax Authority
Richard A. Mullens
Internal Revenue
Red Cross
Internal Revenue Service
Draft regulations extend draft eligibility for some vets
A long overlooked change in draft rules extends draft eligibility to men who have served less than six months since June 24, 1948. Enlisted and conscripted men since June 24, 1942 must now accumulate six months of active duty to be exempt. Draft boards must review files of those with under six months since 1948 to determine eligibility, potentially reclassifying and reexamining many. Most affected are former aviation cadets discharged early and hardship cases.
MENTIONED IN THIS ARTICLE
Thomas M. Nial
Arait
Air Force
Araft
Fear Punishment in Tokyo Soldiers Refuse Return
A group of 21 American soldiers in Tokyo refuse to return home over fear of punishment and distrust, according to their self-styled former leader. The statement was released today as tensions over communism and duty rise among the troops.
MENTIONED IN THIS ARTICLE
Tokyop
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Gime
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Wanlmony
Frederick
Mondas
Iman
Hwill
Nial
Seare
Ruby Hahn
Womens Democratic League
Frederick County
Mildred S. Fisher
Laura Strube
William McP
McGill Thurmont Club
Samuel Barrick
Young Democratic Club
Women's National Democratic Club
Washington
the News
Council of Jewish Women
Camp Detricks Officers Club
Mary Zimmer
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PowerFlite
Moat
Indianapolis
Beautiful
Chrysler
Roney Motor CO
N. Market St
Roy C Lescarlest
WLU
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Frederick, Md
Acousticon of
Hagerstown
Roy Clescalleet
Washington Street
Acousticon International
New York City
SEARS
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Shearling Lamb
T Dee 3
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