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EXTENSIONS of REMARKS March 7, 1979 Fett, Hans G

EXTENSIONS of REMARKS March 7, 1979 Fett, Hans G

4252 EXTENSIONS OF REMARKS March 7, 1979 Fett, Hans G. Holmberg, Hildlng A. Luckenbach, James W. Polak, Dennis M. Sohns, Michael E. Urrutia, Ronald Flore, SamuelS. Hood, Jack N. Lyon, Charles R. Polio, Joseph R. Souza, Gerald W. Utterback, Norman A. Fisher, James E. Hopkins, Dennis L. Macdonald, Patrick Poole, James W. Sprenkle, James R. Vanderveer, John K. Fisher, John W. Houchins, Ronald W. Maguire, Edwin J. Poole, Michael L. Sprulll, Danny E. Vanhoose, Sammy J. Fitzgerald, William C. Houghton, Charles I . Mahoney, William A. Porter, Vernon, Jr. Stacy, Bobby R. Vansickle, William R. Ford, Jesse B. Howard, John R. Majority, James N. Prendergast, Richard Stanwood, Arthur H., Vaughan, Charles F. Forgach, Gary L. Howard, Stephen R. Manley, Larry J. K. Jr. Vaughan, Danny Fortner, Wllllam S. Howarth, Peter T. Mann, Liberty E., III Presto, Anthony F. Stevens, Thomas E. Vaughan, James L. Foster, Dennis P. Ingram, Michael R . Marschall, Charles S., Preston, Richard W. Stone, John A. Venerdi, Henry T. Foster, James W. Jackson, John E., III Jr. Prosser, David R. Stone, Willlam B. Vobrak, James w. Fountain, Bruce E. Jacob, Anthony Martin, Stanley R. Prudot, John T. Strawder, Freddie E. Vogel, Charles E. Fowler, Leonard H., IIIJaggard, Joseph F., Jr. Martine, Dennis K. Pulley, Samuel D. Strother, Burhl E., Jr. Vorndran, Thomas F. Fox, Michael E. James, Richard L. McAllister, Herbert J . Quinn, Joseph M., Jr. Sulllvan, RichardT. Wachter, Michael L. Fox, Wllliam F., Jr. Johnsen, Arvin W. McAuliffe, Thomas J. Rains, John N. Summers, Mark E. Wadeson, Robert G., Francia, Anthony A. Johnson, Ph111p N. McCammon, Ramsey, Marshall N. Summers, William E. Jr. Frenck, Wayne H. Jones, Donald L. Michael A. Re11ly, Everett E., Jr. Swan, Gregory A. Wagner, Phllllp E. Fry, Rene M. Jones, Eric M. McCaskill, Thomas H. Rhames, William c. Swear, George M. Walker, Charles B., Jr. Fulton, Terry L. Jones, Henry B., III McComb, Jeffery L. Rice, Stephen W. c. Sweeney, John F. Walters, George F. Gagnon, James H. Jones, Richard L. McCracken, Lance D. Rinaudo, Cosmo .Sychterz, Joseph A., Walz, Alfred F., Jr. Ga111po, Leslie K. Jones, Stephen C., Jr. McCree, Joseph W., Jr. Ringering, David A. IU Warr, Kenneth N. Gamble, Bruce T. Jordan, Dorsett W. McKinney, Patrick D. Risko, Georgi w. Tanner, Randall E. Weller, Phllllp A. Gannon, Harold J., Jr. Judy, Daniel E. McKinnon, Jack A., Jr. Readinger, Michael J. Taylor, Bobby J. Wells, Ralph c. Gardner, David c. Kaczmarek, McLemore, Henry, Jr. Robbins, David E. Teats, Robert B. Wendelln, 0111 P. Gardner, Dennis M. Christopher McManigle, James E. Rock, Stephen K. Tenant, James J. Werner, James P. Glll, Bruce J . Keever, Douglas F. McNabb, Steven D. Rouse, Russell E. Tenard, Harry N. Westhusln, Daniel J. Goldberg, John w. Kelley, W1111am J. Meyer, Thomas J. Rovero. Peter J. Thomas, Guadalupe White, John w. Gowens, Michael w. Kennedy, Peter C. Miles, Neal S. Royer, Kenneth P. Thomas, James B. Whltkop, Robert N. Gray, Arthur R. Kenner, Robert P. Miller, Charles J. Rublee, James R. Thomas, Ronald D. Wilkins, Donald M. Gray, James R. Kile, Larry B. Miller, Theodore G. Ruby, Donald L. Thompson, Harry M. Wlllla.ms, Michael E. Green, Melvin c. Kimmel, John F., Jr. Milling, Phillip 0. Rugenstein, Mark W. Tipton, Richard G. Wllliams, Robert E. Green, Natha!l.iel Kindergan, Walter B. Milstead, James A. Ruple, Robert w., Tomlinson, RichardS. Willis, Gary L. Gregory, James L. King, Michael C. Mock, Robert C. II Tomlinson, Randal S. Willis, W11liam R. Gross, Harold King, Roger L. Mobs, Wayne C. Russell, Kenneth w., Trammel, Gary M. Wishon, Milhorn F. Gruben, Rogers. Klansnic, W111iam J. Moore, Bruce F. Jr. Tucker, David W. Wolfe, Gregory J. Gumprlght Robert E. Koebel, Jerry A. Moore, Michael L. Ryan, John E. Turk, W1111am J. Woods, William E., Jr . . Jr Kolar, Scott A. Moore, Thomas L. Sala, Alan J. Turner, Richard W. Woodward, W1111am L. Haag Gunter Kalthoff, David L. Morgan, Perry W. Salts, Rodney J. Turner, Thomas J. Zane, George K. Hada: Wilford v. Konkel, Michael J. Morgan, Roger D. Sammons Ronnie E. Turpen, Michael C. Hagerty, George J. Koritar, John A. Mosely, Charles L. Sanderson, David P. SUPPLY CORPS Hale, Mark S. Kraemer, Kent H. Murray, William C. Sansom, RichardT. Muth, William E. Sargent, Roger A. Adams, Jackie D. Jlo, Nathan M. Hall, Homar H., Jr. Kramer, David R. Alllgood, Clifford J. Konrad, Robert A. Hall, Tommy E. Krohn, Gary L. Myers, Harry S. Schaumburg, Gary L. Neeley, Martin F. Schorr, Donald F. Asp, Lawrence w. Kuskle, Ronald C. Ham Jimmy L Kruk, Edward M. Bates, Leslie A. Lauster, Ronald J. • · Kuntz, John F. Nelson, Stuart A. Schrader, John L. Hamilton, Robert W. Lake, Billy G. Newlan, James D. Seay, David B. Bird, Jerry L. Lelb, Frederick w. Hammond, James L. Lambard, Richard E., Nidel, Wllllam J. Severance, Frank R. Brooks, David C. Loftus, Edmund M., Hampel, Kenneth E. Jr Noble, Thomas K., Jr. Sharpes, David R. Camburn, Robert V. Jr. Hampton, Cecil L. Lan~y. Terance Norris, Melvin s. S'belton. John P. Cannon, Hammond Miller, Jack, E. Hansen, Joseph A. Larsen, Duane A. Oakes, John E. Shepp, BarreL. G ., Jr. Motz, John P. Hanson, Zane L. Laughrun, Jerry L. Ogden, Richard D. Shewchuk, WilHam 0. Corelll, Einar L. Nelson, Richard A. Hardwig, Larry K. Lauseng, Leroy L. Oleary, Thomas M., Jr. Simberly, Paul B. Cresto, John H. Noel, Jerry L. Harmon, John M. Ledoux Alton D O'Neal, W111iam C. Simmons, Jerry M. Delaney, John V., III Pacheco, Edward W. Deno, Thomas R. Rickel, Jack M. Harris, Charles M. Lemast~r. Robert E. Oshiro, Oliver S. Simonds, Frank H., Harris, David J. Lewis, Dave E. Otto, Garland A. Jr. Douglas, DavidS. Stowell, William J. Paez, Rudolph A. Simpson, Jerry R. Grieger, Thomas A. Toledo, Crispin A. Harris, Lawrence J. Lian, Robert A. Haines, Dennis Harrison, Lonnie P. Lieberman, David L., Parker, Ronnie K. Slnln, Nelson A. Tomas, Rufino M. Hart, Gerald E. III Pasnak, Richard P. Sitton, George D., III Hughes, William G., Trowbridge, Jay R. Jr. Wolfe, Gary T. Hartman, Richard W., Lineburg, Frederick F. Patnode, William B. Skinner, Robert J. Patrick, Robert J., Sr. Slack, Carl W. Humphries, John C. Wright Edward II Little, Patrick E. Jackson, Julius J. Havemann, Leonard P.Lockwood, Tyrone Pauley, Frederick P., Smartt, Frederick F., Hayes, Stuart A. Lofton, Randall B. Jr. m CIVIL ENGINEER CORPS Heiney, Gary J. Long, Richard K. Pearson, John R. Smith, Frank w. Haefner, Wayne D. Smith, Robert M. Hennig, Wllllam A. Long, Robert c. Pehling, Gary W. Smith, Isaac H., Jr. Sefton, Reynold A., Jr. Herbel, Richard C. Longway, James G. Pfannenstiel, Gary A. Smith, Wavmon A. The following-named woman ensign of Hlll, Clarence D. Lanigan, Thomas J. Picard, Roland R. Smock, Terry D. the U.S. Navy for temporary promotion to Hitchcock, Thomas L. Lopez, Raymond F., Jr. Pierson, John E. Smoot, Melton L. the grade of lieutenant (junior grade) in the Hoffman, James E. Lopiccolo, Richard J. Pincus, Willlam A. Smyre, Melford E. line, pursuant to title 10, Code, Hogan Patrick G. Lorenz, Duane E. Plnd, Michael D. Snelde, Larry J. sections 5787b and 5791, subject to qualifica· Hohorst, Dedrich C. Losardo, Vito, Jr. Pittman, Ronald C. Snider, Gene tlons therefor as provided by law: Holland, James W., Jr. Lubbers, James E. Ploeger, Ernst 0., III Snodgrass, W111iam J. Crowder, Sharon K.

EXTENSIONS OF REMARKS

EXPRESSION OF SORROW AT THE rise to report to the Congress of the who guided National Life to 19th in the UNTIMELY DEATH OF WTILIAM passing of a civic giant, William Weaver Nation among life insurance companies WEAVER of Nashville. and 6th among stock companies, ranked Mr. Weaver was chairman and chief by assets. · HON. WILLIAM HILL BONER executive officer of the NLT Corp., and As chairman of the board of WSM, its principal subsidiary, the National Life Inc., Mr. Weaver was also the top official OF TENNESSEE and Accident Insurance Co., when he retired last October upon reaching the of the Grand Ole Opry and Opryland, IN THE HOUSE OF REPRESENTATIVES U.S.A., two Nashville institutions known Wednesday, March 7, 1979 mandatory retirement age. In business in Nashville for 45 years, and with National around the world. He was instrumental • Mr. BONER of Tennessee. Mr. Speak­ Life since 1940, Mr. Weaver is credited in negotiating WSM's acquisition of the er, today it is with a heavy heart that I by financial analysts as being the person Ryman Auditorium, where the Grand

e This "bullet'' symbol identifies statements or insertions which are not spoken by the Member on the floor. March 7, 1979 EXTENSIONS OF REMARKS 4253 Ole Opry was presented until it moved original site for UCLA and later Callior­ The checklist follows: to the new Opry House in 1974. nia State University, Los Angeles. CHECKLIST OF ITEMIZED DEDUCTIONS FoR Mr. Weaver was a director of the Third Located in the Hollywood area, it has ScHEDULE A (FORM 1040) National Bank since 1964, the Third Na­ grown not only in size but has responded MEDICAL AND DENTAL EXPENSES tional Corp., since 1972, and a member to the ever changing needs of the com­ ;Medical a.nd dental expenses (unreim­ of the Vanderbilt Board of Trust since munity. The college now serves 18,000 bursed by insurance or otherwise) a.re de­ day and evening students through its ductible to the extent that they exceed 3% 1973. He was one of the founders and of your adjusted groos income (line 31, Form developers of the Green Hills Village 2-year programs. It offers preprofes­ sional training for those planning to 1040) . shopping center, which opened 24 years INSURANCE PREMIUMS ago. transfer to 4-year colleges and univer­ In 1972, he led the Middle Tennessee sities, as well as occupational training. One-half of medical, hospital or health in­ Los Angeles City College is tuition­ surance premiums a.re deductible (up to Council of Boy Scouts in a successful $150) without regard to the 3 % limitation fund-raising drive for more than $4.5 free to California residents, thus affording the opportunity of continuing for other med!ca.l expenses. The remainder million, the largest ever undertaken by of these premiums can be deducted, but is a Scout council. Fifteen years earlier the education to many students who other­ subject to the 3% rule. wise could not afford a post-secondary council bestowed upon Mr. Weaver the DRUGS AND MEDICINES education. Through its educational and award of Silver Beaver, the highest Included in medical expenses (subject to award for volunteers in scouting. community services, LACC has been a source of cultural enrichment and inspi­ 3% rule) but only to extent exceeding 1% Upon his retirement, Mr. Weaver said of adjusted gross income (line 31, Form ration to thousands of people. Its grad­ that he would officially end his business 1040). uates have consistently distinguished career but that his, "abilities and ener­ OTHER MEDICAL EXPENSES themselves in industry, business, govern­ gies will be at the service of my home­ Other allowable medical a.nd dental ex­ ment and the entertainment field. penses (subject to 3% limitation): town as long as I live." During the past half century, Los Last August, Mayor Richard Fulton Abdominal supports (prescribed by a. doc- Angeles City College has clearly repre­ tor). named Bill Weaver cochairman, with sented the character, spirit and diversity Acupuncture services. Charles Kane, of the 64-member finance that is Los Angeles. It will, I know, con­ Ambulance hire. committee of Nashville's Century Three tinue not only to serve the Los Angeles Anesthetist. celebration. community, but will remain a model of Arch supports (prescribed by a. doctor) . During a long association with the Artificial limbs a.nd teeth. purpose and achievement to other cen­ Back supports (prescribed by a. doctor). NLT Corp., Bill Weaver served in vari­ ters confronting the same needs and ous management capacities in the invest­ Braces. aspirations. I ask the Members to join Capital expenditures for medical purposes ment, real estate, and mortgage loan me in honoring this fine educational (e.g., elevator for persons with a. heart a.il­ departments before becoming financial institution.• ment)-deductible to the extent that the vice president in 1963. Quickly moving cost of the capital expenditure exceeds the upward he was appointed senior vice increase in value to your home because of president of finance in 1964, executive the capital expenditure. You should have an vice president in 1967, and finally presi­ TAX GUIDELINES FOR SENIOR independent appraisal made to reflect clear­ dent of National Life in 1969. In 1973, CITIZENS ly the increase in value. he was appointed to become the chief Cardiographs. Chiropodist. executive officer of the giant NLT Corp., Chiropractor. which has assets of more than $3 billion. HON. FREDERICK W. RICHMOND Christian Science practitioner, authorized. NLT Corp. owns Interreal, NLT Com­ OF NEW YORK Convalescent home (for medical treat- puter Services, Corp., Guardsman Life IN THE HOUSE OP REPRESENTATIVES ment only). Insurance, and Nation Property Owners Wednesday, March 7, 1979 Crutches. Insurance Co., in addition to National Dental services (e.g., cleaning, X-ray, fill- Life, WSM, Inc., the Grand Ole Opry, e Mr. RICHMOND. Mr. Speaker, our ing teeth). and Opryland, U.S.A. Nation's soaring, double-digit inflation Dentures. figures have been a true hardship to all Derma. tologist. The service that this gentleman pro­ Eyeglasses. vided to his community was not all to the American consumers. Indeed, inflation is Food or beverages specially prescribed by a business and civic organizations; he was our cruelest tax. physician (for treatment of lllness, and in very active with his church, the United As food prices continue to skyrocket, addition to, not as substitute for, regular Methodist Church. Mr. Weaver served and housing and medical expenses in­ diet; physician's statement needed). on the board of trust of his home church, crease at unprecedented rates, many Gynecologist. West End Methodist, as well as a mem­ Americans, particularly our older citi­ Hearing aids a.nd batteries. ber-at-large on the board of the Meth­ zens and low-income consumers, are Home health services. finding fewer and fewer ways to make Hospital expenses. odist Publishing House. Insulin treatment. The void left by the passing of William ends meet. Our Nation's senior citizens Invalld chair. Weaver will be felt by his community by on fixed incomes-especially in urban Lab tests. his business, and by those of us who ~ere areas such as , where Lipreading lessons (designed to overcome fortunate enough to know him, for years inflation hits the hardest-are experi­ a handicap). to come.e encing increases in living expenses that Neurologist. threaten their very existence. Nursing services (for medical care, includ- ing nurse's board paid by you). While we in Congress must continue Occupational therapist. to assure that social security, Ophthalmologist. LOS ANGELES CITY COLLEGE­ and other essential human needs pro­ Optician. GOLDEN ANNIVERSARY grams keep pace with inflation, it is Optometrist. equally important that we counsel and Oral surgery. HON. HENRY A. WAXMAN assist older Americans in taking advan­ Osteopath, llcensed. tage of the many tax laws that may les­ Pedia. trician. OF CALIFORNIA Physical examinations. IN THE HOUSE OP REPRESENTATIVES sen the burden of inflation. Physical therapist. Mr. Speaker, the Senate Special Com­ Wednesday, March 7, 1979 Physician. mittee on Aging recently published its Podiatrist. • Mr. WAXMAN. Mr. Speaker, it gives Checklist of Itemized Deductions, a Psychiatrist. me pleasure to commemorate the 50th guidebook designed to protect older Psychoanalyst. annive~sary of Los Angeles City College, Psychologist. Americans from overpayment of Federal Psychotherapy. an institution Which 1s one of the finest taxes. I would like to share this ex- Radium therapy. assets of the city of Los Angeles and one tremely helpful publication with my col­ Sacroiliac belt (prescribed by a doctor). which I am proud to have in my own leagues, as well as the millions of tax­ Seeing-eye dog and maintenance. 24th Congressional District. payers who could benefit from its useful Speech therapist. Founded in the fall of 1929, it was the guidelines. Splints. 4254 EXTENSIONS OF REMARKS March 7, 1979 Supplementary medical insurance (Part B) monthly statement, expressed as an annual mittee of a national political party, or ( 4) under Medicare. percentage rate, that are based on the unpaid local committee of a national political party. Surgeon. monthly balance. The maximum deduction is $100 ($200 for Telephone/teletype special communica­ Points--deductible as interest by buyer couples filing jointly). The amount of the tions equipment for the deaf. where financing agreement provides that tax credit is one-half of the political con­ Transportation expenses for medical pur­ they are tci be paid for'use of lender's money tribution, with a $25 celling ($50 for couples poses (7c per mile plus parking and tolls or and only if the charging of points is an filing jointly). actual fares for taxi, buses, etc.) established business practice in your area. PRESIDENTIAL ELECTION CAMPAIGN FUND Vaccines. Not deductible if points represent charges Additionally, you may voluntarily e-ar­ Vitamins prescribed by a doctor (but not for services rendered by the lending institu­ mark $1 of your taxes ($2 on joint returns) taken as a food supplement or to preserve tion (e.g., VA loan points are service charges for the Presidential Election Campaign Fund. general health) . and are not deductible as interest). Not de­ Wheelchairs. ductible if paid by seller (are treated as ADDITIONAL INFORMATION Whirlpool baths for medical purposes. selling expenses and represent a reduction For any questions concerning any of these X-rays. of amount realized). items, contact your local IRS office. You may Expenses may be deducted only in the year Penalty for prepayment of a mortgage­ also obtain helpful publications and addi­ you paid them. It you charge medical ex­ deductible as interest. tional forms by contacting your local IRS penses on your bank credit card, the ex­ Revolving charge accounts-may deduct office. penses are deducted in the year the charge is the separately stated "finance charge" ex­ OTHER RELIEF MEASURES made regardless of when the bank is repaid. pressed as an annual percentage rate. Required to file a TAXES CASUALTY OR THEFT LOSSES tax return if Real estate. gross income State and local gasoline. Casualty (e.g., tornado, flood, storm, fire, Filing status: is at least- General sales. or auto accident provided not caused by a Single (under age 65) ______$2,950 State and local in<:ome. willful act or willful negligence) or theft Single (age 65 or older) ______3,700 Personal property. losses-the amount of your casualty loss Qualifying widow(er) under 65 with If sales tax tables are used in arriving at deduction is generally the lesser of ( 1) the dependent child______3, 950 your deduction, ordinarily you may add to decrease in fair market value of the property Qualifying widow(er) 65 or older with the amount shown in the tax tables the sales as a result of the casualty, or (2) your ad­ dependent child------4, 700 tax paid on the purchase of the following justed basis in the property. This amount Married couple (both spouses under items: automobiles, trucks, motorcycles, air­ must be further reduced by any insurance 65) filing jointlY------4, 700 planes, boats, mobile homes, and materialS or other recovery, and, in the case of property Married couple (1 spouse 65 or older) used to build a new home when you are your held for personal use, by the $100 limttation. filing jointlY------5, 450 own contractor. Report your casualty or theft loss on Sched­ Married couple (both spouses 65 or When using the sales tax tables, add to ule A. If more than one item was involved older) filing jointly______6, 200 your adjusted gross income any nontaxable in a single c.asualty or theft, or if you h&fl Married filing separately______750 income (e.g., Social Security, Veterans' pen­ more than one casualty or theft during the sions or compensation payments, Railroad year, you may use Form 4684 for computing Additional Exemption for Age.-Besides Retirement annuities, workmen's compen­ your personal casualty loss. the regular $750 exemption, you are allowed sation, untaxed portion of long-term <:apital an additional exemption of $750 if you are gains, dividends untaxed under the dividend MISCELLANEOUS age 65 or older on the last day of the taxable exclusion, interest on municipal bonds, un­ Appraisal fees to determine the amount of year. If both a husband and v.1fe are 65 or employment and public assistance pay­ a casualty loss or to determine the fair older on the last day of the taxable year, ments). market value of charitable contributions. each is entitled to an additional exemption CONTRmUTIONS Union dues. of $750 because of age. You are considered 65 In general, contributions may be deducted Cost of preparation of income tax return. on the day before your 65th birthday. Thus, up to 50 percent of your adjusted gross in­ Cost of tools for employee (depreciated if your 65th birthday is on January 1, 1979, come (line 31, Form 1040). However, contri­ over the useful life of the toolS). you will be entitled to the additional $750 butions to certain private nonprofit foun­ Dues for Chamber of Commerce (if as a exemption because of age for your 1978 Fed­ dations, veterans organizations, or frater­ business expense) . eral income tax return. nal societies are limited to 20 per<:ent of ad­ Rental cost of a safe-deposit box used to "Zero Bracket Amount."-The "zero justed gross income. store income-producing property. bracket amount" is a fiat amount that de­ Cash contributions to qualified organiza­ Fees paid to investment counselors. pends on your filing status. It is not a sepa­ tions for (1) religious, charitable, scientific, Subscriptions to business publications. rate deduction; instead, the equivalent literary or educational purposes, (2) preven­ Telephone and postage in connection with amount is built into the tax tables and tax tion of cruelty to children or animals, or investments. rate schedules. Since this amount is built (3) Federal, State or local government units Uniforms required for employment and into the tax tables and tax rate schedules, (tuition for children attending parochial not generally wearable off the job. you will need to make an adjustment if you schoolS is not deductible) . Maintenance of uniforms required for em­ itemize deductions. However, itemlzers will Fair market value of property (e.g., cloth­ ployment. not experience any change in their tax lia­ ing, books, equipment, furniture) for char­ Special safety apparel (e.g., steel toe safety bllity &nd the tax computation will be sim­ itable purposes. (For gifts of appreciated shoes or helmets worn by construction work­ plified for many itemizers. property, special rules apply. Contact local ers; special masks worn by welders) . Tax Tables.-Tax tables have been devel­ ms om<:e.) Business entertainment expenses. ope-d to make it easier for you to find your Travel expenses (actual or 7c per mlle plus Business gift expenses not exceeding $25 tax if your income is under certain levels. parking and tollS) for charitable purposes per recipient. Even if you itemize deductions, you may be (may not deduct insurance or depreciation in Employment agency fee under certain cir­ able to use the tax tables to find your tax either case) . cumstances. easier. In addition, you do not have to deduct Cost and upkeep of uniforms used in char­ Cost of a periodic physical examination if $750 for each exemption or figure your gen­ itable activities (e.g., scoutmaster). required by employer. eral tax credit, becr.use these amounts are Purchase of goods or tickets from chari­ Cost of installation and maintenance of also built into the tax table for you. table organizations (excess of amount paid a telephone required by your employment Multiple Support Agreements.-In general, over the fair market value of the goods or (deduction based on business use) . a person may be claimed as a dependent of servi<:es). Cost of bond 1! required for employment. other taxpayer, provided five tests are met: Out-of-pocket expenses (e.g., postage, sta­ Expenses of an office in your home if used (1) Support, (2) gross income, (3) member tionery, phone calls) whlle rendering serv­ regularly and exclusively for certain busi­ of household or relationship, (4) citizenship, ices for charitable organizations. ness purposes. and (5) separate return. But in some cases, Care of unrelated student in your home Educational expenses that are: (1) re­ two or more individuals provide support for under a written agreement with a qualifying quired by your employer to maintain your an individual, and no one has contributed position; or (2) for maintaining or sharpen­ more than half the person's support. How­ organization (deduction is limited tp $50 per ing your skills for your employment. ever, it still may be possible for one of the month). Political Campaign Contributions.-You individuals to be entitled to a $750 depend- INTEREST may claim either a deduction (line 31, Sched­ ency deduction if the following requirements Home mortgage. ule A, Form 1040) or a credit (line 38, Form are met for multiple support: Auto loan. 1040), for campaign contributions to an in­ 1. Two or more persons-any one of w'hom Installment purchases (television, washer, dividual who is a candidate for nomination could claim 'the person a.s a dependent if it dryer, etc.) . or election to any Federal, State, or local were not for the support test-together con­ Bank credit card---