Loading...
The Goderich Signal-Star, 1975-04-10, Page 23J MX TIPS , lue .... ...... a • 'NEIN 111 I , N'• 11 IIII 11 J. 41 NNIIII III II III allei II NI IIII III 111 •NENY Isist11•NINNIIN 111111111.111111111P NMM• MI II • INP mon•um•or, M al II RI II • II • 'immiloolsoi• lb, M II ■ II M M_• MM_Ill 11111 411 EM• ••••1,1 '••• 1 EN •' 1 1 ... li IP Q. Can a. divorced woman income tax form? claim the equivalent married A. Yes. The fact that you exemption of $1,492 for a 13- have been appointed hi legal year-old child? guardian would not bar you A. Yes, provided the child from claiming your nephew as lives with the taxpayer in the a dependant if he othervvise Self-contained domestic qualified. establishment maintained by + + • the taxpayer. • Q. My wife is working and + + + will file her own tax return. I My, wife and I are the same know I can't claim the married age and this year we qualify for exemption on • her behalf, but the age exemption. On my tax can I claim this on behalf of Our form do I claim $1,066 age child instead? ..exerription fOr My, wire—as well 7 A. No. The exemption_ for as $1,00 for myself? support of a child may only be A. No. The fact that your wife is entitled to claim the . age exemption-lf-s 9 I I tax return does not °effect the amount you can claim as married exemption. +++• Q. • My , wife and I were married in September. She was working 'before 'marriage but has not worked since. Can -,I personal exemption status. Claim the full married exem- Whenever your personal ption of $1,492 for her? •What exemptions change, notify your - does she do about, filing a personnel office and they will return.? have. you fill out a new TDI A. If she received no income . • form. You should do this as after your marriage, you may soon as possible. claim the full married exem- + + + ption of $1:492. Otherwise, 446., Q. Due to Consumer Price calculate your exemption 'Indexing, by what amount have accotint.only-,..ther,.,,,perssonaLexemptions.increased income she received after your over the amounts, deductible in marriage. If your ' wife is taxable or had tax deducted from her salary, she must file hr own return. claimed by a person who is pot married or, if married, is nd—not sup- porting his wife. +++• Q. We had our first child last week. How do I go about having my tax deductions changed, or do I need toll° anything?" A. A child will affect your + + + Q. My nephew, aged 15,.came to live' with me•last year when his parents were killed in an auto accident. Although I have -- •not been appointed as his legal guardian, and no papers have been signed, he is totally dependent on, me. Can I claim him as a dependant on• my DON'T BE SHY • COME JOIN US! 4* -to oito BE A*BLOOD DONOR .1973? A. The basic personal exemption as well ,as all other A GOOD man to see for all your family life insurance. He can provide. you with a State Farm life policy de- signed to fit your needs e(actly. And with his spe- cial training and experi- ence, he's qualified to help You get what you want out of life. um, toed naighbor, State farm la there. STATE FARM LIFE INSURANCE COMPANY Canadian Head Office: Scarborough,Ontario, • • .1) 41. +4, GODERICII SIGNAL -STAR. THU' RSDAY, APItIL 1061975-ILIPAGt SOnme....r the0re.p.o”ibto in. Bhith's opeeculisoioo personal exemptions, including the limitation or income of dependants, have been in- creased by 6.6 percent. The increased amounts are shown on Schedule ,6 and page .4 of your 1974 income tax return. +++ Q. 1 am a married man with wholly dependent • parents living overseas. What exem- .ption can I claim for my parents? A. If • yow parents are dependent,. by_ reason 9f physical or mental i you may 'claim th amounts spent in su them up to a-maximu each. Form TIE -NR, can obtain from yo Taxation. Office, must be completed and attached to your income tax rettirn. + + +• Q. I am divorced and sup- porting an 18 -year-old daughter who is attending university. She resides in my home only kU If funds can be raised Blyth may be the home of a summer theatre by this summer. A former area -resident James G. Roy, now a Toronto', based Writer -and theatre director was in Blyth on the holiday weekend to tour the Memorial Hall theatre and talk to local people. He was happy with what he saw and heard. He and his actress wife Ann fell in love with the second floor theatre in Memorial Hall. They also met 'with Recreation Committee Chairman George Hubbard who solidly approved the idea of rental of the theatre for a summer theatre when Memorial Hall is seldom used. The big' roadblock, as Mr. Roy went back to Toronto, was' to raise enough funds to get through the summer months SECOND MORTGAGES, Rates as low as 14.98% • Simple Interest • Cash available now • Up to $10,000 • No boluses or hidden charges • Pay off at anytime • No prepayment penalty • Enquiries Welcome. HOUSEHOLD REALTY Corporation Limited .• HOUSEHOLD FINANCE, Corporation of Canada 35A West Street , PI” 524-7383 Armed with the support of the Recreation Committee he hopes to be able to raise the funds needed in the Toronto area, including some *gover- nment grants. If that rather large obstacle. can be hurdled, Mr. Roy hopes to come to Blyth in June with a staff of about 15 to begin rehearsals of two plays. Opening night for the summer theatre would be prior to the July 1 holiday and the venture would run until after Civic Holiday weekend. In succeeding summers this season could be lengthened, Mr.. Roy said, but the first season will in all probability be a money-losing one and the shOrter season will keep the loss as small as possible. Mr. Roy, who gained some of his public school education in Blyth, said he wants the theatre to be a community venture. He plans to involve local amateur. actors and theatre people in some of the productions. Following the season, he said, he would also like to see workshops for local • theatre people "to help gain experience to improve their own productions. In the meantime, however, he faces the big problem of raising , the approximately $20,,000 needed to get the first season off the ground. Anyone wishing to give moral or financial support can contact Mr. Roy' hy writing.to him at 61 Charles St. East, Apt. 106, Toronto, Ontario, M4Y 1R9, DR. DAVID WALKER B.Sc., M.D.,/ C.C.F.P. wishes to announce the commencement of his practice in -FAMILY 'MEDICINE - On May 5, 1975 He will be joining DR. BRUCE THOMSON. . • The offices are at ,. 14 Caledonia Terrace, Goderich. ODA N CONSTRUCIION 'COMMERCIAL AND RESIDENTI4 CONSTRUCTION 1 ' AND RENOVATIONS. • CUSTOMBum HOMES . . FOR FREE ESTIMATES t ALL;• , P.O. BOX 818 •' . TELEPHONE ._ CLINTON, ONTARIO ' , ' 482-7.640er 4814504, . . ". . . . ' -Residential:Lighting Display. 44 2 . •., ) . . t • Electric Heating ' -.' .. , . . "INDUSTRIAL — COMMERCIAL" - ,14 RESIDENTIAL — WIRING ... • CUSTOM TRENCHING . . . ... . „GRAHAM ELECTRIC '.. 62 CAMBRIA RD. N • . . .• GODERICH: 524-86/o: - • AUTHORIZED ., SALES - • It SERVKE 00 VER :7) Vacuum Cleaners f.) Washer/Spin Dryers ' • • Portable ryors availab , • easy terms , HUTCHINSON APPLIANCES • TRADE INS ACCEPTED • 308 HURON RD. 524-7831. .11 .._ actual pport of . . ". • •, • • . . i, rhich you• . TVie.+.•.;"+ '• 1 1 I . during vacation time. She had no' income during the year. Can the equivalent to married exempticin be claimed even, though she does not reside with me during the whole year? A. Yes. A dependent child who is- attending school or university will be considered as having been supported in your self-contained domestic establishment. • Pumps and 'Injectors Repaired ' For All Popular Makes Huron Fuel Injection Equipment Bayfield Rd. 482-7971 DIESEL 9TE'd 1.17.31 , CHARTEREDY ACCOUNTANT 39 West Street Goderich, Ontario Office (519) 524-2011 Home (519) 524-9640 , • ACCOUNTING AND, TAX SER VICE ARTHUR R. TUCKER C.G.A. • Certified General Accountant Iti Victoria tilvd,, Vana#tra - • Hiri 957, Clinton 482-3737 CHISHOLM FUELS Distributors For UNOCO Pili5DUCTS HOME, FARM, INDUSTRY • 24 Hour Free Burner Service • Furnace Financing • Gasolindis & Dies& Fuels • New FurnaceInstallefl�fl & Hot Water Boilers, — 5247681 OR ,1,5 2 9 524 -, Ronald L.• McDonald CHARTERED ' ACCOUNTANT ,39 St. David St., 524-6253 Goderich, Ontario IL.. ? , OPTOMETRIST The Square • 524-7661 R. W. BELL Cards 'For All Occasions * Gifts .,* Book s * Stationery Supplies * Records ANDERSON'S • 33 EAST St. Goderich For FASHION - RIGHT SHOES The Place To Go Is ROSS SHOES The Square Gocierich BINEIRENHIRE.. 4 4• • Dresses • for • • sunny* days to come "24 The bright ideas for looking fresh as a, day in spring are here --- ,simple, eaky styles like these for :any time of the daY or night'. Take your pick for the sunpy days to 4 come! 0 1. -") 44, *re LADIES WEAR " LIMITED 0 SHOPPERS SQUARE GODERICH • 4. „.