The Michigan Daily - Sunday, December 9, 1984 - Page 5 IRS to tax Social Security h WASHINGTON (AP) - The Social Security Administration will send 40 million Americans forms next month to help them determine if they are among the 10 percent of beneficiaries who, for the first time, must pay income tax on half their benefits. Social Security and Internal Revenue Service officials displayed yesterday the new forms that will be mailed out in January. ALL SOCIAL Security beneficiaries - including the elderly and disabled - must pay income tax on up to half their benefits if their adjusted gross income, plus tax exempt interest from municipal bonds, plus half their Social Security benefits exceed: " $25,000 for a single individual. " $32,000 for a married couple filing jointly. " Zero for a married couple who lived together for any part of 1984 and who eneficiaries file separate returns. In such cases, each must pay income tax on his or her benefits. " $25,000 for a married person who files separately but did not live with a spouse at any time during the year. Also, the Internal Revenue Service, discouraged by the growth of "abusive" tax shelters, especially among low- and middle-income people, announced yesterday it will begin freezing refund checks sprouting from such arrangements. The new tactic is aimed especially at lower income workers who put a little cash into an investment that promises to wipe out their current year's taxes and gain them a refund of all the taxes they paid in the three previous years. The IRS is auditing more than 300,000 tax returns that claim investments that the agency considers "abusive" shelters. Express lane Associated Press Police check the scene as a Ford Escort chased through the glass door front of W.H. Smith's store in London yesterday morning. A passenger and a girl in the shop suffered minor injuries. mmmmmmmml Freed hostages tell of torture, beatings (Continued from Page 1) "I WAS also beaten in most places," he said. "If they got angry they would beat you and then they would offer you orange juice." The Sunday night rescue ended a terror-filled drama that began when the Arab-speaking hijackers seized the A- 300 Airbus with 166 people aboard after a stop in Dubai, the United Arab Emirates, en route from Kuwait to Pakistan. Women, children and some other passengers were released in groups beginning last Tuesday, but the hijackers - armed with pistols and ex- plosives - killed two American passengers, one Tuesday and the second Thursday. The State Department identified them as Charles Hegna, 50, of Wausau, Wis., and William Stanford, 52, both employees of the U.S. Agency for Inter- national Development, although a spokeswoman said positive iden- tification could not be made until the bodies were returned. In Kuwait, officials praised Iran's rescue and government sources said a jetliner was ready to fly to Tehran to retrieve the passengers. In Washington, a White House spokesman said President Reagan commended Kuwaiti leaders for not submitting to the hijackers' demands for the release of 17 people imprisoned for bombing the U.S. and French em- bassies and other targets on Dec. 12, 1983 in Kuwait. STUDENT ACCOUNTS: Your attention is called to the following rules passed by the Regents at their meeting on February 28, 1936: "Students Shall pay all accounts due the University not later than the last day of classes of each semester or summer session. Student loans which are not paid or renewed are subject to this reg- ulation; however, students' loans not yet due are exempt. Any unpaid ac- counts at the close of business on the last day of classes will be reported to the Cashier of the University and "(a) All academic credits will be withheld, the grades for the semester or summer session just completed will not be released, and no transcript of credits will be issued. "(b) All students owing such accounts will not be allowed to register in any subsequent semester or summer session until payment has been made." RACKHAM PRE-DOCTORAL FELLOWSHIP DEADLINE FEBRUARY 1, 1985 Rackham graduate students who will be candidates by February 1 st are eligible for $5,000 plus tuition for 1985-86. Students must be nominated by departments. Check soon for deadlines. Fellowship Office 160 Rackham 76 4-221 8 Anti-Apartheid protesters demand economic sanctions Ni (Continued from Page 1) initiated by the Rev. Leon Sullivan of Philadelphia in 1977 that requires U.S. .-companies to practice non- discrimination in job training, pay scales and other employment practices in South Africa. Several businessmen interviewed by telephone say the so-called Sullivan principles have helped improve con- "ditions for black worker in South Africa. "We have reasonable personnel practices," said Al, Rankin of the. Marriott Corp. CRITICS OF American business fir- ms, such as South African labor .organizer Mike Murphy, say the Sullivan code amounts to "window- dressing." American investment in South Africa totals an estimated $2.3 billion, about 1 percent of all U.S. investment overseas, according to the National Assocation of Manufacturers. The Chamber of Commerce of the United States last year opposed a House approved bill that would have barred any new U.S. investments in South Africa, and could be expected to do likewise next year. The proposal, in- cluded in export trade legislation, died in a House Senate conference commit- tee. IN A related matter, Bishop Desmond Tutu, a leading anti-apar- theid campaigner in his native South Africa, accepted the 1984 Nobel Peace Prize yesterday after a bomb scare in- terrupted the ceremony for an hour and 20 minutes. A telephoned bomb threat caused police to evacuate the ceremonial hall and ask King Olav V, Tutu and hun- dreds of guests to stand outside while specialists and bomb-sniffing dogs checked the hall. No explosives were found. The guests then went back inside to hear the black Anglican bishop hail the award as justification of his non-violent campaign against South Africa's white minority government. Come work and get advertising experience at the Daily. Put it on your resume .. . PROFESSIONAL F \14RESUME TYPESETTING by PEACOCK r4iuu ~ uI COMPLETE RESUME SERVICE Personal Consultation '2 :v PRODUCTIONS 665-8973 401 E. HURON in the now COPYOUIC K location 8:30-5:30/Mon-Fri Cover Letters * Word Processing " Typing M.A. in Career Counseling CAREER DIMENSIONS 761-2458 321 SOUTH MAIN ST. ANN ARBOR, Ml r r w Union bookstore trades price for convenience Occupation Counseling 111 S. MAIN, SUITE 350 " Over 15,000 resumes prepared since 1975 * Results oriented for better marketability " Daily contact with employers " Businessman's evaluation of your skills : Career counseling available 769-0924 Call Us Today For A Better Tommorrow C RI SP WORD PROCESSING RESUMES/COVER LETTERS What You Get... " Special attention and follow- through on all the details " Camera ready copy " Guaranteed work 204 S. Fourth Ave. Corner of Fourth 665-6559- and Washington 6 5 5 9 f I (Continued from Page 1) of Ulrich's and U-Cellar preparing for the fight to hold onto their customers. Musser said Ulrich's will wait to see -how strong Barnes and Noble's business is after the January book rush before initiating a new marketing plan. But Bruce Weinberg, manager of U- Cellar, said he isn't going to sit and wait. He said his store will probably lose many of its freshpersons and sophomore shoppers who live in West and South Quads to the Union store. The U-Cellar is flaunting its status as the "Official University of Michigan .Bookstore" in advertisements to hold onto customers out of loyalty to the 15- year-old non-profit establishment. "We were founded by the regents. at the University of Michigan. Barnes and Noble just pays rent to the Michigan Union," said Weinberg. "We hope that this makes a difference to the students and faculty." i I ".:::r_:.;..;_":_y__.._________ U ... RESUMES & MORE a7 N " Custom-Tailored Resumes " Personalized Job Finding Programs " Strategies That Work Career Directions RESUME Learn to live with someone who's living with cancer. Call us. AMERICAN CANCER SOCIETY' $j (9 '" . 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