HomeMy WebLinkAbout08-28-07
T
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX OIVISION
PO BOX 2B0601
HARRISBURG PA 17128-0601
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
....'-',,-- "NOTICE OF INHERITANCE TAX
U~PPltArSEMENT, ALLOWANCE OR DISALLOWANCE
- ;bF 'Ii~DUCTIONS AND ASSESSMENT OF TAX
.
'-1"'
REV-1547 EX AFP (06-05)
DATE 08-27-2007
ESTATE OF QUERRY KENNETH M
DATE OF DEATH 09-09-2006
FILE NUMBER 21 07-0076
COUNTY CUMBERLAND
ACN 101
APPEAL DATE: 10-26-2007
( 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
~~!_~~~~~_!~!~-~!~~------~--_!~!~!~-~~~~!_~~!!!~~-~~!-!~~!_!~~~!~~--~--------------------
REV-1547 EX AFP (03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF QUERRY KENNETH M FILE NO. 21 07-0076 ACN 101 DATE 08-27-2007
2007 MJG 2P Pi41"?6
U I'-~i Ii" '"" ;
r~': CT"/ C'r:
'_'LU ,,\ 1,-
ODC'~~i\r\i'c' r'"r"\!,' 11',~
j II .' " ',j ~ .) \ ",_ n-' I
SUSAN E LEDER~U!;i" ,-~"
S E LEDERER LAW OFCS
4811 JONESTOWN RD 226
HBG PA 17109
TAX RETURN WAS:
) ACCEPTED AS FILED
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
( X) CHANGED
SEE ATTACHED NOTICE
(1)
(2)
(3)
(4)
(5)
(6)
(7)
.00
.00
.00
.00
.00
.00
389,574.19
(8)
389,574.19
NOTE: To insure proper
credit to your account,
submit the upper portion
of this form with your
tax payment.
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)
(10)
3,799.00
785.29
(11)
(12)
(13)
(14)
6.JiAtI.?9
384,989.90
.00
384,989.90
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 Abh returns assessed to date.
ASSESSMENT OF TAX:
15. Amount of Line 14 at Spousal rate
16. Amount of Line 14 taxable at Lineal/Class A rate
17. Amount of Line 14 at Sibling rate
18. Amount of Line 14 taxable at Collateral/Class B rate
19. Principal Tax Due
S
INTEREST/PEN
(-)
DATE
INTEREST IS CHARGED THROUGH 09-11-2007
AT THE RATES APPLICABLE AS OUTLINED ON THE
REVERSE SIDE OF THIS FORM
(15) 156,669.94 X 00 .00
(16) 228,319.96 X 045 = 10,274.40
(17) .00 X 12 = .00
(18) .00 X 15 = .00
(19) = 10,274.40
AMOUNT PAID
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
.00
10,274.40
211 .51
10,485.91
* IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
IF TOTAL DUE IS LESS THAN *1, NO PAYMENT IS REQUIRED. ~I
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE ~
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
REV-1470 EX (&-88)
'*
INHERITANCE TAX
EXPLANATION
OF CHANGES
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
PO Box 280601
HARRISBURG PA 17128-0601
DECEDENTS NAME
FILE NUMBER
REVIEWED BY
Kenneth M. Querry
Holly McClintock
ACN
2107 -0076
101
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
Under the terms of the family trust the marriage provisions of the trust disqualify the trust
from the election not to tax. Because a future interest compromise was not requested, the
Department has the right to assess tax at the highest rate in the chain of potential
distributions. Therefore, the tax has been assessed at 4.5% on the value of the family
trust.
ROW
Page 1