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She said that in some cases, die farmer thinks that he can report earnings for back years at any time in the luture and get social security credit for those earnings. Some other fanners think that it will only be necessary to report earnings for the years when they near retirement age. All of these farmers are wrong.
Miss Schaffner pointed out that if a self-employment earnings report for social security credit is not made within 3 years, 3 months and 15 days after the end of a particular year, credit for those earnings is lost entirely. As benefit payments to a self-employed farmer and his dependents will be based on all of his reported earnings after 1954, it is obvious that the benefit amount will be reduced if earnings for some of those years are not credited to his social security account. Moreover, failure to report earnings arid pay the social security tax can result in a farmer losing his social security insured status. If this happens and he dies, his dependent survivors would not be eligible for survivors benefit payments.
Miss Schaffner emphasized the fact that in failing to make these reports a self-employed person is breaking the law and may be called upon, not only to pay social security taxes but, in addition, be subjected to penalties and interest on those taxes. If in doubt as to your eights and obligations under the law, see your social security representative at once.
Entertains At Bridge
Mrs. Roy Reeve was hostess to the Sperryville Bridge Club at her home Friday evening with the following guests playing: Mrs- A E. Goddard, Mrs. H. B. .Winfrey, Mis. R. E. Wood, Mrs. C. E. Johnson, Mrs. Allen Stokes, Mrs. I. O. Wolf, Mrs. G. Brown Mil
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