Soc. Security Notes

Soc. Security Notes

“As 1970 draws to a close, there are many important items concerning social security which should be brought to the attention of the residents of this area,” Mrs. Hazel F. Crumpton said today. “Some of the retired persons will be concerned with /ear end reports, employers need to be aware of a tax increase, and there are other items of interest too,” she said. “Those who drew social security checks in 1970 and earned over $1680 gross wages, or the same amount in net earnings from a business, must file an annual report of their earnings with social security. This report is lue by April 15, 1971 and is in addition to any report of income that persons must make to Internal Revenue Service by April 15th. Many persons receiving social security checks will receive a report form in the mail. This will be true if we are aware they are to exceed $1680,” she said. ‘Others who have not told us they will earn over $1680,” she said. “Others who have not told js they will earn over $1680 and io, should contact us for their annual report form. We’ll gladly tielp them complete their report,” Mrs. Crumpton added. “Farmers who have paid wages n excess of $150 in 1970 to one ar more employees must file their report of wages paid by January 31st with Internal Revenue Service. Wages of less than $150 paid to one employee need to be reported also if the employee worked in 20 or more days or taarts of 20 days on a time basis,” Mrs. Crumpton continued. “Employers of domestic help, who in October, November and December of 1970 paid cash wages of $50 or more for work