HomeMy WebLinkAbout06-29-07
BUREAU OF INmr!~pmxerCl0~'"
INHERITANCE TAX 'Dvll>SIOIl.;[U \.ji iU...
PO BOX 280601 "'r,;"' 'T": '~',J,: ',,;,,/;,;.,
HARRISBURG PA 171;[BEiJiJ): L <, ," '
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
INHERITANCE TAX
RE~RD A~JUSTMENT
Z001 JUN 29 PH I: 09
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
06-20-2007
JOHNSON
09-22-2005
21 05-0865
CUMBERLAND
101
CLERK OF
mRPH4,..tJ.'.~.. r OURT
BAR ij'r,.MU;:);~ ,",,'"
HAM '6N' &'"H'USS~~' Pf\
176 CUMBERLAND PKY 10
MECHANICSBURG PA 17055
Amount Remitted
.
REV-1593 EX AFP (03-05)
MARGARET
A
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 +--
NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment.
REV-1593 EX AFP (03-05)
.. INHERITANCE TAX RECORD ADJUSTMENT ..
---------------------------------------------------------------------------------------------------------------------------------------
ESTATE OF JOHNSON
MARGARET A FILE NO. 21 05-0865
ACN 101
DATE
06-20-2007
ADJUSTMENT BASED ON:
VALUE OF ESTATE:
BOARD OF APPEALS REFUND
1. Real Estate (Schedule A)
2.
3.
4.
5.
6.
7.
8.
(1) . DO
(2) .00
(3) .00
(4) .00
(5) 55,685.00
(6) .00
(7) 1,072,902.00
(8)
Stocks and Bonds (Schedule B)
Closely Held Stock/Partnership Interest (Schedule C)
Mortgages/Notes Receivable (Schedule D)
Cash/Bank Deposits/Misc. Personal Property (Schedule E)
Jointly Owned Property (Schedule F)
Transfers (Schedule G)
Total Assets
DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Administrative Costs/
Miscellaneous Expenses (Schedule H) (9) 11,490.00
10. Debts/Mortgage Liabilities/Liens (Schedule I) ClO) 132,702.00
11. Total Deductions (11)
12. Net Value of Tax Return (12)
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13)
14. Net Value of Estate Subject to Tax (14)
TAX:
15. Amount of Line 14 at Spousal rate Cl5)
16. Amount of Line 14 taxable at Lineal/Class A rate Cl6)
17. Amount of Line 14 at Sibling rate Cl7)
18. Amount of Line 14 taxable at Collateral/Class B rate Cl8)
19. Principal Tax Due
TAX CREDITS:
. DO X DO
984,395.ooX 045=
.00X 12 =
.00X 15 =
Cl9)
DATE
12-19-2005
12-19-2005
03-20-2006
NUMBER
CDo06121
CDo0613o
CDo06464
+
INTEREST/PEN PAID (-)
1,684.21
263. 16
.00
32,000.00
5,000.00
33,080.37
AMOUNT PAID
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
1,128,587.00
144,192.00
984,395.00
.00
984,395.00
.00
44,297.78
.00
.00
44,297.77
72,027.74
27,729.97CR
.00
27,729.97CR
*
IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. C6
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
BOARD OF APPEALS
DEPT. 281021
HARRISBURG, PA 17128-1021
COMMONWEALTH OF PENNSYLVANIA
DEPARTMFNT OF REVENUE
.. ..,
IN RE ESTATE OF:
JOHNSON MARGARET A
DOCKET NO. :
TAX TYPE:
APPEAL TYPE
FILE NUMBER:
ACN:
APPRAISEMENT:
PETITION FILED:
EXAMINER:
BARRY E MUSSER CPA
HAMILTON & MUSSER
176 CUMBERLAND PKY STE 101
MECHANICSBURG PA 17055
(,,":
0"
o
0625514
Inheritance
Refund
2105-0865
101
5/29/2006
12/15/2006
WILLIAM J ZDRADZINSKI
Direct Dial: (717) 787-5761
Fax: (717) 787-7270
Email:wzdradzins@state.pa.us
June 11, 2007
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::2 On ~9, 2006, the Department issued an appraisement and assessment which
g u
""
accepted the original inheritance tax return as filed. Reported as items 8 and 11 on
MAILING DATE:
DECISION AND ORDER
Schedule G were assets titled "Gardian Life" and "Mass Mutual" valued at $101,220.00 and
$515,000.00 respectively. Petitioner has now supplied documentation that confirms those
assets were insurance policies on the life of the decedent which are exempt from tax under
Section 2111 (d) of the Inheritance and Estate Tax Act of 1991, 72 P.S. 99111 (d).
Accordingly, it is hereby, Ordered that the petition for refund is granted. The
Department is directed to reduce the taxable value of Schedule G Items 8 and 11 to zero.
It is further Order that a refund be issued for any resulting overpayment, plus appropriate
interest.
FOR THE BOARD OF APPEALS
GERARD J. SALLAVANTI, CHAIRMAN
JOSEPH R. SLEEK, MEMBER
JOHNSON MARGARETA
BOARD DOCKET NO. 0625514
Page 2 of 2
A ."
ANY APPEAL FROM THIS DECISION MUST BE FILED ON OR BEFORE SEPTEMBER 10,
2007 WITH THE BOARD OF FINANCE AND REVENUE, 1101 SOUTH FRONT STREET,
SUITE 400, HARRISBURG, PA 17104, TELEPHONE (717) 787-2974.
A REFUND CHECK WILL BE MAILED TO YOU BY THE BUREAU OF INDIVIDUAL TAXES.
IF YOU REQUIRE THIS INFORMATION IN AN ALTERNATE FORMAT UNDER THE
PROVISIONS OF AMERICANS WITH DISABILITIES ACT OF 1990, PLEASE CALL (717) 783-
3664, OR FOR SERVICES FOR TAXPAYERS WITH SPECIAL HEARING AND SPEAKING
NEEDS: 1-800-447-3020 (TT ONLY).