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Story
February 14, 1946
The Globe Independent
Hagerstown, Washington County, Maryland
What is this article about?
Maryland farmers receive large federal tax refunds due to crop losses from heavy rains last fall, deductible on 1943 or 1944 income taxes, with losses carryable two years.
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OCR Quality
98%
Excellent
Full Text
It Really Rained Big Tax Refunds
Taxes, often the cause of "stormy weather" in legislative halls, are virtually paying storm interest in Maryland, it has been reported recently.
Apple and vegetable growers in the state, who had suffered crop losses because of heavy rains last fall, were entitled to receive refunds through deductions on federal income taxes for 1943 or 1944.
A University of Maryland economist has reported that federal ruling provides that farm losses not offset by other income, can be carried back or forward two years.
Taxes, often the cause of "stormy weather" in legislative halls, are virtually paying storm interest in Maryland, it has been reported recently.
Apple and vegetable growers in the state, who had suffered crop losses because of heavy rains last fall, were entitled to receive refunds through deductions on federal income taxes for 1943 or 1944.
A University of Maryland economist has reported that federal ruling provides that farm losses not offset by other income, can be carried back or forward two years.
What sub-type of article is it?
Curiosity
What themes does it cover?
Misfortune
Recovery
What keywords are associated?
Tax Refunds
Crop Losses
Heavy Rains
Maryland Farmers
Federal Deductions
Where did it happen?
Maryland
Story Details
Location
Maryland
Event Date
Last Fall, 1943 Or 1944
Story Details
Apple and vegetable growers in Maryland suffered crop losses from heavy rains last fall and are entitled to federal income tax refunds for 1943 or 1944, with farm losses carryable back or forward two years.