Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-04-07

luznH1S 7zz.I RSI.2E 757TT
The time il again approaching for
tax payers 10 1na1e Sheee annual returns Of
income y saaeepors, In making these re-
turns parties thodld bear N mind that
lehey Are fequissd in ~ caaes. 20 be 4aae 70
The Asslstark a1Sisnrlcl M diviSoh IN
which the taxpayer resides ON the first day
of May. THE Setuvh must include ali t.s.
able income received between the LIT day
ok9snsary ana the 31st d. of 110efrber
1EaBoth 6Ay inciu6yG The AtA Of
x arQfive rf centun 6n the excdss over
siAs6d1dn0. udo1lnrs, sd not spd;ro
five thousand dollars and ten per centun
on the excess over five thousand dollars
In making, up statements Of income. Il is
IneccssAsy ~ include The amount received
from institutions whose officers pay taxes
TO The GQlmis6o4a9 Of Intcrnal Revenue;
but the amount SO withheld and paid should
bs deducted before assessment il made
When, however, the income from this
source exceeds fiye thousand dollars per an
mum, as only FIVE per centum is paid by the
Ioflnitso Of such institutions Eve pr ceIltum
additional on the excess over five thousand
dollars will sin remain 20 be assessed
against and paid BY the individual, in order
that the tax If ten p cent. on the ssnount
over Eve THOUSAND dollars may he fully IL
quiated. Returns must islso include all
income derived from interest upan npteS
bonds OF other securities of the Cnite,i
States, and also all premiums on gold and
coupons.
Only one deduction Of six hundred dol
lars can he made from the aggregate H.
come If all the members of family com
posed r. parents and minor children, or
husband and wife Mt profits realized
from sales of real estate within the year,
must he inclnlc and losses ON sales of the
SAME may I've deducted All national, State.
county and municipal taxes may be deduct
ed from the income return of the party
actually paying the same There may also
he deducted from the return of income the
salary or pay received for services in the
civil, military, naval or other service Of the
United States, including Senators, Repre-
senfatives, and delegates in Congress he
income tax IN the salaries of these persons
having been detained by the discussing
officer paving the same. The amount paid
for rent of homestead used or occupied by
party or his family, and the rental value
IT my such homestead wh n owned NV the
person occupying the same, or by his wife,
is exempt from tax It will be observed
in making the return that the gross inc me
must be stated on the debit side Of the re-
turn, and such deductions rs are allowed
bv law should be claimed on the credit
side Of the return Interest received or &C
crucd upon all notes, bonds. mortgages, or
OF her forms of Indebtedness bearing inter
.t..tl "A
colicciable must be included in the re-
turn. And all interest paid by or due
from any party may I've deducted. -
All income or gains derived from the piir
chase AMI sale of stocks and oil other re- |
or personal property, including any share
in lie gains and profits of any company,
or copartnership, whether di
vided or not, must he asccrtained and in
Guided in the return. When any person
rents buildings. lands or other prop
pertv, or hires labor to cultivate land
IT conduct any other business from
which such income is actually derived. or
pays interest upon any actual cucumber
ince thereon, the amount actually paid for
such rent, labor. or int rest, may he deduct
ed, together with the amount paid for RI
pairs not exceeding the average paid out for
SuC0 purposes IoT tIie VrptffutIS uNt NtstiS
but the cost of new buildings or prlna
ncnt impr )venents cannot be deducted
Internal Rere,.Wc Rcoy,'er.
ONE WORD TO TIE MISERABLES.
You that are overed with Sores Ulcers,
and skin eruptlons, sufferers from Salt
Rheum, Ring worms, Pustules, Te,t Rs.
Blotches, and other marks of Disagreement
tina, are rel ulsve to he sight and compan-
ionship of society; YOU that have tiled the
many mixtures ri Sar>aparilla. and which
failed to cure YOU, If YOU would he cured
take RADWAY'S CLEANSING SYRUP.
called Railway 5 Renovaiiug Rrsulv,nt. We
guarantee that from one to six bottles will
cule you. DR.. Railways theory is. thar il
tx bottles Of any advertised M ii in" does
not furnish to the six satisfactory evidence
If cure, 1t IS worthless.
4 SUPERIOR ErMEDy-Wc ran cnnscen
ton sly recommend to those suffering from u
distressing cough, IT. Siri,k lanfs ; elifiu
lou> Cough Balsam II give relief anD (
instantaneous, and IS witnal not dis gre;i,l,
TO the taste. There is n, doubt hut the
Mal.iiluous Cough l.alsam is one Of The best
pepara ton IN usc, and is all that its pro-
pretor claims for it. We hayc ,risl il dur
ing the past week and found rc.ef from
most distressing cough 1t is pr pared by
Dr.. Strickland, No. 8 Fast 4th street, Gin
cinna,i, O.. and for by druggists at 81