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HomeMy WebLinkAbout05-18-07 (2) REV-15oa'\;x + (6-00) '* COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG. PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT ~ z w c w o w c w ..... ll::::!len o 1I::ll:: w&O J: 11::9 Oft:lD <( DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) FLANNERY LILLIAN VIOLA DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) OFFICIAL USE ONLY FILE NUMBER $" 2 1 -0 5 0 4 2 . ""CoUNTY"CoiiE -YEAR- - - NUM'ilER- - SOCIAL SECURITY NUMBER 195-16-3853 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER D 3. Remainder Return (date of death priortn 12-13-82) D 5. Federal Estate Tax Return Required !!.. 8. Total Number of Safe Deposit Boxes D 11. Election to tax under See. 9113(A) (AlIach Sch 0) z o i= :5 ;:) ~ 0: <C o w D:: z o i= :! ;:) Q. :IE o o ~ ~ 05/14/2006 03/05/1924 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) [R] 1. Original Return D 4. Limited Estate [R] 6. Decedent Died Testate (AlIach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Return D 4a. Future I nterest Compromise (dlie of death after 12-12-82) D 7. Decedent Maintained a Living Trust (AlIach copy ofTrust) D 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) 192,000.00 PA 17055 OFFICIAL USE ONLY ..... z w Q Z o a. en w II:: II:: o o NAME MURREL R. WALTERS III FIRM NAME (If Applicable) COMPLETE MAILING ADDRESS ) o .J...i 3'~ :-J '-:~~ r .;. c.:.:;I C.::> --.J -1 ! 54 EAST MAIN STREET TELEPHONE NUMBER 717-697-4650 MECHANICSBURG - -: , ,'''I co 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent Mortgage Liabilities. & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (1) (2) (3) (4) (5) (6) (7) (9) (10) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X _(15) 176,666.38 X ~(16) X .12 (17) X .15 (18) (19) 47,477.31 'nO d S,f; ~"' 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. D CHECK HERE iF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ::3 --j c::> r',) N (8) 254,908.95 11,775.25 66,467.32 (11) (12) (13) 78,242.57 176,666.38 (14) 176,666.38 7,949.99 7,949.99 d t' C Add Dece en s omp ete ress: STREET ADDRESS 50 MOYER LANE CITY T STATE I ZIP SHEMANSDALE PA 17090 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. CreditslPayments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1) 7,949.99 Total Credits (A + 8 + C) (2) 3. Interest/Penally if applicable D. Interest E. Penalty Total Interest/Penalty (D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) 8. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (58) Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ........................................................................... D l&l b. retain the right to designate who shall use the property transferred or its income; ........................................ D l&l c. retain a reversionary interest; or ...................................................................................................... D l&l d. receive the promise for life of either payments, benefits or care? ............................................................. D l&l 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?..... ......... ................. .................. ....... ............... ........................ D 00 3. Did decedent own an 'in trust for' or payable upon death bank account or security at his or her death? ................. D 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... D 00 0.00 7,949.99 7,949.99 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ADDRESS ? 925 GREENBRIAR DRIVE, MECHANICSBURG PA ADDRESS MURREL R. WALTERS III, ESQUIRE, 54 EAST MAIN STREET, MECHANICSBURG PA 17055 For dates of death on or after July 1, 1994 and before January 1, 1995. the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 99116 (a) (1.1) (ii)). The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-<>ne years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~9116(1.2) [72 P.S. 99116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. 99116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. . REV-1502 EX + (6-98) *' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER FLANNERY LILLIAN VIOLA 21 05 0426 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is joint/y-owned with riaht of survivorshiD must be disclosed on Schedule F. SCHEDULE A REAL ESTATE ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH 192,000.00 50 MOYER LANE SHERMANSDALE, PA 17090 APPRAISED BY S.W. BARRETT TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 192,000.00 . REV-1508 EX + (6-98) . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FLANNERY LILLIAN VIOLA FILE NUMBER 21 05 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. 0426 DESCRIPTION ITEM NUMBER 1. HOUSEHOLD GOODS PER APPRAISAL OF IBIS APPRAISALS 2. MEMBERS 1 ST FEDERAL CREDIT UNION GUARDIANSHIP ACCOUNT 3. VETERANS BENEFITS 4. 1976 CHEVROLET PICKUP TRUCK 5. 1990 CHEVROLET VAN 6. INTERNAL REVENUE SERVICE TAX REFUND VALUE AT DATE OF DEATH 3,997.55 3,072.03 7,350.00 200.00 800.00 12.06 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 15,431.64 REV-1'509 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF FLANNERY LILLIAN VIOLA FILE NUMBER 21 05 0426 If an asset was made joint within one year of the decedents date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. KATHLEEN FLANNERY 925 GREENBRIAR DRIVE MECHANICSBURG, PA 17050 DAUGHTER B MICHAEL FLANNERY 45 MOYER LANE SHERMANSDALE, PA 17090 SON c JOINTL Y.OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER ATTACH DEED FORJOfNTlY-HElD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENrSINTERES 1. B 10/'1/(13 MOUNTAIN GROUND 93,000.00 50. 46,500.00 92.93 ACRES - S.W. BARRETT REAL ESTATE & APPRAISAL SRVCS 2. A. 4/6/93 M & TBANK 1,954.61 50. 977.31 TOTAL (Also enter on line 6, Recapitulation) $ 47,477.31 T (If more space is needed, insert additional sheels of the same size) REV-1511 EX + (12-99) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FLANNERY ITEM NUMBER A. 1. B. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. FILE NUMBER LILLIAN VIOLA 21 05 Debts of decedent must be reported on Schedule I. DESCRIPTION FUNERAL EXPENSES: BOYER FUNERAL HOME - PREPAID ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative (s) KATHLEEN PATRICIA FLANNERY Social Security Number(sYEIN Number of Personal Representative(s) 208-42-6498 Street Address 925 GREENBRIAR DRIVE City MECHANICSBURG State PA lip 17050 Year(s) Commission Paid: 2007 Attorney Fees MURREL R. WALTERS III Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent State lip Probate Fees REGISTER OF WILLS -CUMBERLAND COUNTY Accountanfs Fees Tax Return Preparer's Fees S.W. BARRETT REAL ESTATE & APPRAISAL SRVCS. - REAL ESTATE APPRAISALS IBIS APPRAISALS - APPRAISAL OF HOUSEHOLD GOODS CHECK PRINTING PATRIOT NEWS ADVERTISING TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 0426 AMOUNT 8,200.00 2,100.00 437.00 650.00 240.00 12.95 135.30 11,775.25 REV-1512 EX + (6-98) . SCHEDULE. DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FLANNERY LILLIAN VIOLA FILE NUMBER 21 05 0426 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1. DEPT. OF PUBLIC WELFARE 58,758.74 2. BEAL TREE SERVICES 3. BRANDT GABLE HOUSE CLEANING 4. REAL ESTATE TAXES 5. MILLVILLE MUTUAL HOMEOWNERS INSURANCE 6. NAVY RETIREMENT RETURN OF OVERPAYMENT 7. CLAREMONT NURSING HOME RESIDENTIAL CARE 8. HOME DEPOT SUMP PUMP 9. PENNSYLVANIA REAL ESTATE TRANSFER TAX 1,750.00 793.50 788.05 233.00 627.40 1,523.49 73.14 1,920.00 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) &6,467.32 "iv_'l"""'_ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES NUMBER 1. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS pnclude outright spousal distributions. and transfers under Sec. 9116 (a) (1.2)) KATHLEEN PATRICIA FLANNERY 925 GREENBRIAR DRIVE MECHANICSBURG, PA 17050 MICHAEL P. FLANNERY 45 MOYER LANE SHERMANS DALE, PA 17090 1. 2. DAUGHTER 50% AMOUNT OR SHARE OF ESTATE ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET ll. NON-TAXABLE DISTRIBUTIONS; A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. SON 50% TOTAL OF PART n - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size)