Ed said,For the 500 or 505 using a sliding crosscut table with the both boards clamped to it could work.
I do not have a 500 at this time but could have tried it with one of mine to see how it might work. I realize that only the main table would be supporting the sliding crosscut table but with the angle and assistance I thought it could work. Another limiting factor would be the maximum thickness for cutting a 45 degree bevel and adding not the thickness of the 3/4" crosscut table but the bevel thickness of another 1-1/8" if I figured that correct. It's been a long time since I studied Geometry.No can do with the 500, however. Likewise, I know of no way to use the cross-cut table for a bevel cut...the outboard end of the cross-cut table has to be supported by the extension table which has to be in the same plane as the main table.
One thing I have learned about the Shopsmith is sometimes we are only limited by our imagination.
In this case if I was making these cuts I would probably use the Radial Arm Saw. Ed, I know that doesn't help so maybe one of the other suggestions will.