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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Feb. 5, 1981)
Sudents ause teir foi ystem r< leased ear, ism organi; objective' arguraenl |ly encoi IzationMl bling the . Hubert are s| i’s planwi n of the certainly )ne painti Beta Alpha Psi, the accounting honor society, will have a booth set up in the Memorial Stu dent Center to help students get through the Photo by Alison Awbrey April 15 headache. New forms may be coming in a year or so. See related story. Page 13. Accounting society handles income tax problems 7 1 of Mai" 1 Vt basket ) provide point of* ed object 1 dearly'""' 1 1 to discr« attalion sf iplete By PHYLLIS HENDERSON Battalion Reporter April 15, that day everyone would rather receive than give, the date associated with sweaty palms, bloodshot eyes and calculators thrown against the wall. In students’ minds, April 15 is often as feared and bated as finals week. To ease some of those fears, Beta Alpha Psi, the accounting honor society at Texas A&M University, is sponsoring a booth to help students and other members of the community with their tax problems. The booth will be open the first two weeks in March in the Memorial Student Center. However, students should start thinking about their taxes early, Monte Hall, president of the society, said. If a student has any questions or problems, he said, he should come to the help booth. The booth is usually busy during the tax season, Hall said. There are people who come by who have never had to fill out a tax form, ” Hall said. Many students either have never worked or their parents have filled out their forms for them, he said. The most common problem students have is deciding which form to file, Hall said. Single people with less than $1,700 in itemized de ductions may use the 1040A, or short form, Clair Nixon, anaccounting professor at the University, said. Married couples may also use the short form if their itemized deductions total less than $3,400, he said. Nixon said the long form was generally necessary for individuals with sources of income other than wages, salaries or interest. Because each ease is unique, howev er, generalizations on which form to use are difficult to make, James Benjamin, advisor to the society, said. Forms and advice on which to use will be given out at the help booth, Hall said. Students also often have trouble getting their W-2 forms from their former employers, Hall said. Employers are required to have the W-2 forms in the mail by February 1, Benjamin said. “There is a $50 fine per W-2 form not sent,” he said. If a student doesn’t receive his W-2 form, he said, he should include his income from that job and a note of explanation with his tax return. Unique problems also show up, Benjamin said. Many foreign students who work in the United States are required to pay taxes here, he said. Some of these students, however, will receive credits on their native country’s tax return, he said. Before deciding on joint or separate returns, married students should find out if they are carried as depen dents on their parents’ returns, Benjamin said. Students expecting a refund should file their returns early, Benjamin said, but those expecting to pay should file later. A&M College Bowl regional set for Saturday itorid nMf -ordsinl'f' , e editor^ nt. E*chk •‘numb er ° ie ’ H1 , 4 Battalion’ .j, e Stati 0 "' By DANA SMELSER Battalion Reporter Eleven universities from three lies will be competing Saturday in the regional College Bowl finals at am M' ^ ^ exas A&M University. College Bowl is a thought game: .two teams of four players each score loints by answering toss-up and lonus questions, Ted Hoef, College howl advisor at Texas A&M, said. The tournament, sponsored by MSC Council and Pepsi-Cola, I be held Saturday in rooms 206 and 212 at the Memorial Student Center from 9:30 a.m. to 5 p.m. The matches are open to the public. College Bowl was made popular during the 1960s as a nationally tele- „ ime series, Hoef said. When the show went off the air, the tourna ments stopped, he said, but it began on college campuses four years About 300 schools hold the contest "ow, he said. The subjects are mostly related to almanac entries, Hoef said. The stu- are asked questions about his tory, geography, trivia, sports, mathematics and science, Hoef said. A good team consists of students who are academically strong in diffe- mnt areas, Hoef said. “There’s room hr everyone,” he adds. The team representing Texas %'i was the winner of a 25-team 'ampus tournament held last fall. Hoef said the team consists of three members who represented Texas A&M in the 1980 College Bowl tournament. Texas A&M, in its first year of competition, tied for third place in that tournament. The three veteran members are Ruvanne Marvit, a graduate student in meteorolgy, Mike Smith, a gradu ate student in chemistry and Camilla Pratt, a senior bio-engineering stu dent. The new member of the team is Laura Kincaid, a junior safety en gineering student. It is difficult to prepare for the match, Hoef said, because the ques tions require quick recall of an entire life of facts. He participated in Col lege Bowl for three years. Marvit said the College Bowl is “something you prepare for all your life by reading. ” The universities competing in the regional College Bowl finals are: Baylor Universiy, Harding Universi ty, Rice University, Sam Houston State University, Stephen F. Austin University, Texas Christian Univer sity, Trinity University, Tulane Uni versity, the University of Arkansas at Fayetteville, the University of Texas and Texas A&M. Rice is this year’s regional defend ing champion. The winner of this tournament re ceives an all-expense paid trip to the national finals of the College Bowl in Charlotte, N.C., March 16-21. At the national final, the team is able to win scholarships from $300 to $2,500 for their school. THE BATTALION THURSDAY, FEBRUARY 5, 1981 Page 3 YOU’RE INVITED THIS SUNDAY to CUSTOM FROM NOON TILL 6:00 FOR THE LARGEST STEREO SALE YOU WILL EVER EXPERIENCE. THIS SUNDAY FROM NOON TILL 6:00 AT CUSTOM SOUNDS OVER A QUARTER OF A MILLION DOLLARS WORTH OF STEREO EQUIPMENT GOES ON SALE. PHILIPS AH795 Receiver 30 watts per channel with no more than 0.06% total harmonic distortion, with four speaker capacity and two tape monitors. Reg. 240.00 SUNDAY SALE 159 95 dARIOIMEEFT CT-F750 Auto Reverse Stereo Cassette Deck with stationary 4- track REC/PLAY head, 2-mode electronic fluroscan me ter, metal-capable. SUNDAY SALE Reg. 395.00 289 lyj Ultrollneor The 15" woofer with the 12" price. Two excellent edge treated high-frequency radiators, 120 watt limit. Reg. 260.00 ea. SUNDAY SALE t95 ea. 139' PHILIPS AF829 Electronically Controlled Fully-Automatic Turntable • Free-floating subchassis • Direct control; closed loop, electorn- ic speed control • Electronic touch controls Reg. 300.00 SUNDAY SALE fl 99 MPiOMeen: PL-300X • Quartz PLL • Auto Return • Direct drive turntable SUNDAY SALE 129 Ujl Ultrollneor Our state of the art quartz- controlled horn radiator, 12" bass woofer, 90 watts RMS circuit breaker protected. Reg. 230.00 ea. SUNDAY SALE Nikko Graphic Equalizer EQ-II The precision-engineered EQ-11, a six band graphic equalizer, lets you custom tailer frequency response to suit your individual environment, compensating for room characteristics and those of associated compo- nents, as well as for variations in program material. SUNDAY SALE 149 TEAC CX-310 NEW METAL CASSETTE DECK m ««*** li 159 (iAPioixiccr? VR-3 Equipment Rack Vi priced SUNDAY SALE 39 *Equipment not included. We will beat ©TDK maxell bOM f T any prices in AD-C90 & UDXLII 4 C90 ! miss it! the state of This Sunday Texas on Sun- % * ^ noon to day f Feb. 8! SUNDAY A 79 SALE M ea. SUNDAY SALE 3147 3p ea. 8 p.m. It ll {ft KF Ul Ml S1BE0S! ® SANYO FTC 6 w AM/FM Indash Cassette • Mini-size chassis • Full auto reverse • Sensitive FM tuner • Locking fast forward and rewind • Balance and tone controls SUNDAY SALE 89 95 FT 7 AM/FM Indash Cassette • Automatic music select system • Locking fast forward and rewind • Auto-reverse • Automatic FM stereo mono switching SUNDAY SALE 129 95 (W) PIONEER 3 way speaker. Bridgeless construction. Mesh grill. 20 oz. magner. Maximum input 40 watts. 30 to 20,000 Hz. Reg. 159.95 pr. SUNDAY SALE jut pr. 99 JENSEN SOUND LABORATORIES J 1033 6" x 9" TRIAX II 100 WATT SUNDAY SALE Cd PIONEER KP-66G Locking fast forward. Automatic eject. Separate bass, treble and balance controls. Loudness switch. SUNDAY SALE (H) PIONEER KPX-9500 Supertuner AM/FM stereo and Dolby.* Stereo/mono switch. Separate bass and treble controls. Loudness control. Locking fast forward and rewind. Five station pre-set pushbutton tuning. SWMPAY | AA95 FROM THE STORE WORTH LOOKING FOR — DON’T MISS CUSTOM SOUNDS THIS SUNDAY FROM NOON TO 6:00 P M *OPEN SATURDAY FOR BROWSING* 3806-A COLLEGE ROAD OPEN 10-6 MON.-SAT. 846-5803 > 3 f e it d 11 > s, 3T 3r of It jtal jtiy r in he on lar las m, ed :he lor- ur- gas i by the (