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Page 8 · column 5 of 6 · from the scan, no model involved

Social Security News There are some very important dates just ahead for most self' employed farmers, Robert E. Parsons, Assistant Manager of the Alexandria social security office, declared today. ' i
He was referring to persons self-employed in any kind of agricultural enterprise, either alone or in a partnership or joint venture,, who had net earning* of at least $400 in 1955. They are requird to report those earnings up to a total of $4,200 for the year and pay 3 percent social security tax. Earnings for 1955 are the first that farm operators and other agriculturalists who work for themselves are required to report for social security purposes.
The report must be iinade and . the social security tax paid along with the 1955 Federal income tax return not later than April 15 1956. Parsons pointed out that this is mandatory regardless of whether the' self-employed farmer owes any income tax for 1955. This would be the case if a farmer had four exemptions and net earnings for the year of less than $2,400. If that fanner’s net earnings were as much as $400 in 1955, however, he has an obligation to fill out ahd file a return and pay the social security tax.
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