Loading...
HomeMy WebLinkAbout06-04-07 -I 15056041147 EX (06-05) PA Department of Revenue . Bureau of Individual Taxes . ~ PO BOX.280601 ~ Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death REV-1500 OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN 21 06 RESIDENT DECEDENT File Number 0545 Date of Birth 177243738 05212006 05211932 Decedent's Last Name BOWERS Suffix Decedent's First Name JEANNE MI L (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ~ 2. Supplemental Retum " ~ 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 6. Decedent Died Testate (Attach Copy of Will) D D 4a. Future Interest Compromise (date of death after 12-12-82) D I ._1 4. Limited Estate 7 Decedent Maintained a Living Trust . (Attach Copy of Trust) 8. Total Number of Safe Deposit Boxes 9. Litigation Proceeds Received 10 Spousal Poverty Credit (date of death . between 12-31-91 and 1-1-95) D 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) ~ORRESPONDENT. THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: ame Daytime Telephone Number DAVID A. FITZSIMONS 7172433341 (. ) Firm Name (If Applicable) MARTSON LAW OFFICES REGISTER OF1NII.,LS US'~NL Y , First line of address 10 EAST HIGH STREET Second line of address .\ c-", DATE FILED u:J City or Post Office CARLISLE State PA ZIP Code 17013 Correspondent's e-mail address: David A. Fitzsimons David A. Fitzsimons SI 10 East High Street, Carlisle, PA 17013 Side 1 L 15056041147 15056041147 ~ ...J 15056042148 REV-1500 EX Decedent's Name: JEAN N E L. BOW E RS RECAPITULATION Decedent's Social Security Number 177243738 1. Real Estate (Schedule A)..................................................................................... 1. 2. Stocks and Bonds (Schedule B).......................................................................... 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C)......... 3. 4. Mortgages & Notes Receivable (Schedule D)....................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E).............. 5. 2,466.00 6. Jointly Owned Property (Schedule F) 0 Separate Billing Requested............. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) 0 Separate Billing Requested............ 7. 8. Total Gross Assets (total Lines 1-7).................................................................. 8. 2,466.00 9. Funeral Expenses & Administrative Costs (Schedule H)...................................... 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)............................... 10. 11. Total Deductions (total Lines 9 & 10)................................................................. 11. o .00 12. Net Value of Estate (Line 8 minus Line 11).......................................................... 12. 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J).............................................. 13. 2,466.00 14. Net Value Subject to Tax(Line 12 minus Line 13).............................................. 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, of transfers under Sec. 9116 (a)(1.2) X ~ 16. Amount of Line 14 taxable at lineal rate X .045 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 2,466.00 o .00 15. 0.00 16. 110.97 17. o .00 18. 0.00 19. 110.97 2,466.00 o .00 o .00 19. Tax Due......................................................................................... ...................... 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. D Side 2 L 15056042148 15056042148 ...J REV -1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME JEANNE L. BOWERS STREET ADDRESS 558 West Penn Street File Number 21-06-0545 -~ CITY ! STATE PA iZIP Carlisle 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1) 110.97 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + 8 + C) (2) Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is theOVERPAYMENT. Check box on Page 2 Line 20 to request a refund 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is theTAX DUE. A. Enter the interest on the tax due. 8. Enter the total of Line 5 + 5A. This is theBALANCE DUE. (3) (4) (5) (5A) (58) 110.97 110.97 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;............................................................................. [ltJ b. retain the right to designate who shall use the property transferred or its income;................................ x c. retain a reversionary interest; 0[........................................................................................................... x d. receive the promise for life of either payments, benefits or care?........................................................... x 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.............................. ................................................................................... x 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death:?....... ~. 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?............................................................................................................... ~ _.~. IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 three (3) percent [72 P.S. S9116 (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 zero (0) percent [72 P .S. S9116 (a) (1.1) (ii)]. The statutedoes not exemot 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-one 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 zero (0) percent [72 P.S. S9116 (a) (1.2)]. The tax rate imposed on the net value of transfers t6 or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. S9116 1.2) [72 P.S. S9116 (a) (1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. S9116 (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-15G8 EX+ (6-98) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT BOWERS, JEANNE L. FILE NUMBER 21-06-0545 ESTATE OF Include the proceeds of litigation and the date the proceeds were received by the estate. All property Jolntly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 US Treasury, refund of 20061040 income taxes, see attached Exhibit VALUE AT DATE OF DEATH 2.466.00 TOTAL (Also enter on Line 5, Recapitulation) 2.466.00 (If more space is needed. additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule E (Rev. 6-98) REV.1513 EX+ (9.001 *' SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER BOWERS, JEANNE L. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal aistributions and transfers under Sec. 9116(a)(1.2)] Jack G. Bowers 113 Garfield Avenue West Chester, PA 19380 Son RELATIONSHIP TO DECEDENT Do Nolllst Trusteers) I. 1 2 Jed W. Bowers 609 Shadow Creek Court Norman, OK 73072 Son 3 Jeri Fitzsimons 734 West Penn Street Carlisle, PA 17013 Daughter 4 Julie Glavin 2950 Maple Shade Road Ardmore, PA 19003 Daughter FILE NUMBER 21-06-0545 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) One-quarter of estate residue One-quarter of estate residue One-quarter of estate residue One-quarter of estate residue Total Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Copyright (c) 2002 form software only The Lackner Group, Inc. TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Form PA-1500 Schedule J (Rev. 6-98) 0.00 l:lllill~~ I . fIA &';':''':- !.:.--": ...~~ ~ 27609 17013 2K~21-112-~1I523-7 II II For ,lssistanc.:. ,all: 1-800-829-0922 YOIII' C'allerlD: 668359 :'\ oHce :'\ limber: C'P24 Date: ylay 28. 2007 2-+ 2uII72U C1': IRS lTSE ONLY WI Dt'p:ulml.'nt l,f lht' Tr...asury Illtl'rnal Rl'WIlIH.' Sen'il'l' Andlwt'r, :VIA 1155111-1.11125 027609.336800.0112.003 1 AT 0.334 596 1...111'1.1111.....11'11111.11.11"11'111.1.1....1111...1..1.1 Taxl)a~'el' IdelllificaHoll :\ IImbeJ': 177-24-3738 Tax Fonu: 1040 Tax Year: D.:c<:mb.:r 31,2006 JEANNE L BOWERS DECD DAVID A FITZSIMMONS EXEC 10 E HIGH ST CARLISLE PA 17013-3015108 We Changed Your Estimated Tax Total- You are Due a Rdtmd We changed your 2006 Estimated Tax Total reported on your return. Estimated Tax Total may include Estimated Tax Payments, credit applied from another tax year, or payments received with an extension of time to file. As a result of these changes, you are due a refund 01'52,466.00 if you owe no other taxes. You may have expected a different amount or no refund at alL If you think we made a mistake, pkase call us at the number listed above. Tax Statcmcnt Income Adjusted Gross Income on Return Taxable Income on Return 544,327.00 S34,627.00 Paymcnts and Credits Tax Withhcld Estimated Tax Paymcnts Other Credits Other Payments Total Payments and Credits S5,088.00- S2,275.00- S30.00- S.OO S7,393.00- Tax Total Tax on Return S4,927.00 O\'erpayment of Taxes Less: S2,466.00 Penally Inkrcst Amount Applied to Next Year's Estimated Taxes Total Subtracted Amount of Rciimd - If you Owe No Other Taxes (Any Interest Due You Will Be Added) S.OO S,OO S.OO S.OO S2,466.00 r- .,' r; .. <' I'-~ C {L'j{(~ ( . //"'\ v~1 P:oo,.1 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 2B0601 HARRISBURG PA 1112B-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX *' REV-1541 EX AFP (06-05) DATE 05-07-2007 ESTATE OF BOWERS JEANNE L DATE OF DEATH 05-21-2006 FILE NUMBER 21 06-0545 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 07-06-2007 ( See reverse side under Objections) A.ount Re.ittedl I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE ...... RETAIN LOWER PORTION FOR YOUR RECORDS +- ------------------------------------------------------------------------------------------- REV-1547 EX AFP (03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF BOWERS JEANNE L FILE NO. 21 06-0545 ACN 101 DATE 05-07-2007 DAVID A FITZSIMONS MARTSON LAW OFFICES 10 E HIGH ST CARLISLE PA 17013 TAX RETURN WAS: (X) ACCEPTED AS F I LED ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (ll (2) (3) (4) (5) (6) (7) 140,000.00 184.169.52 234.684.00 .00 142.338.28 .00 27,957.05 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax (9) ClO) 46,124.72 822.04 (11) Cl2) Cl3) Cl4) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 729,148.85 41'>.941'>.71'> 682,202.09 .00 682,202.09 NOTE: If an assess.ent was issued previOUSly, lines 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of AU. returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate Cl5) .00 X DO .00 16. Amount of Line 14 taxable at Lineal/Class A rate Cl6) 682,202.09 X 045 = 30,699.09 17. Amount of Line 14 at Sibling rate Cl7) .00 X 12 = .00 18. Amount of Line 14 taxable at Collateral/Class B rate Cl8) .00 X 15 = .00 19. Principal Tax Due Cl9)= 30,699.09 TAX CREDTTS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 08-17-2006 CDo07118 1,210.53 23,000.00 02-15-2007 CDo07808 .00 6.488.56 03-08-2007 CDOO7874 .00 33.93 TOTAL TAX CREDIT 30,733.02 BALANCE OF TAX DUE 33.93CR INTEREST AND PEN. .00 TOTAL DUE 33.93CR * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. P/?i /r~ "'? IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRlIr.TTnN~_)