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HomeMy WebLinkAbout10-16-07 (2) .-.J 15IJ5b041147 REV-1500 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 OFFICIAL USE ONLY *' County Code Vear File Number INHERITANCE TAX RETURN RESIDENT DECEDENT 2 1 0 6 1031 Date of Birth 204035675 10022006 07231921 LEAPHART BETTY MI J Decedent's Last Name Suffix Decedent's First Name (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 [!J 2. Supplemental Return [] 4. Limited Estate D 4a. Future Interest Compromise (date of death after 12-12-82) [J 6. Decedent Died Testate D 7. Decedent Maintained e Living Trust (Attach Copy of Will) (Attach Copy of Trust) D 9. Litigation Proceeds Received D 10 Spousal Poverty Credit }date of death . between 12-31-91 and -1-95) D D 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes D 11. Election to tax under Sec. 9113(A) (Attach Sch. 0) CORRESPONDENT. THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number JERRY A. WEIGLE ESQUIRE 7175327388 Firm Name (If Applicable) WEIGLE & ASSOCIATES, P.C. REGISTER OFWILLS USE:ONL Y. First line of address 126 EAST KING STREET Second line of address ('<.,."J DATE FILED (.) City or Post Office SHIPPENSBURG State PA ZIP Code 17257 Correspondent's e-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. ' SIGNAT OF PERSON RESPO SI LE FOR FILING TURN DATE Susan Leaphart Jerry A. Weigle Esquire Side 1 L 15IJ5bIJ41147 15IJ5bIJ41147 .-.J4 -.J 15056042148 REV-1500 EX Decedent's Name Betty J. Leaphart RECAPITULATION 1. Real Estate (Schedule A)...................................................................... .................... 1. 2. Stocks and 80nds (Schedule 8)............................................................................... 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. 6. Jointly Owned Property (Schedule F) D Separate 8illing Requested............. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) D Separate Billing Requested............. 8. Total Gross Assets (total Lines 1-7)....................................................................... Decedent's Social Security Number 204035675 6. 7. 10 565 81 10 565 81 8. 9. Funeral Expenses & Administrative Costs (Schedule H)..................... .................... 9. 437.63 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)................................ 10. 11. Total Deductions (total Lines 9 & 10)...................................................................... 11. 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. 14. Net Value Subjectto 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 .00 0 0 0 15. 16. Amount of Line 14 taxable at lineal rate X .045 10,128 18 17. Amount of Line 14 taxable at sibling rate X .12 0 00 18. Amount of Line 14 taxable at collateral rate X .15 0 00 16. 19. Tax Due.......... .......... ......... ................... ........... ...... .......... ............................ ....... ....... 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. Side 2 L 15056042148 437 63 10,128 18 10,128.18 o 00 455 77 17. o 00 18. o 00 455 77 o 15056042148 -.J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENT'S NAME Betty J. Leaphart f---- STREET ADDRESS 620 Charles Street File Number 21-06-1031 -~~---,--_.----------~----"-~-_._---- -- _.------_._---_.._--'-~--_.- CITY STATE ZIP Shippensburg PA 17257 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 455.77 (2) Total Credits (A + B + C) 3. Interest/Penalty if applicable D. Interest E. Penalty (3) (4) (5) (5A) (5B) Total Interest/Penalty (0 + E) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. 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 the TAX. DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + SA. This is the BALANCE DUE. 455.77 455.77 Make Check Payable to: REGISTER OF WILLS, AGENT I j J PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 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? ....... .... .......... .......................... ......... ............ ............ ... ...... ............................. Ii] [J IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;.................................................................................. b. retain the right to designate who shall use the property transferred or its income;.................................... c. retain a reversionary interest; or......... ..... ............................. ..... .................. ............... ........................... ...... d. receive the promise for life of either payments, benefits or care?.............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?................................................................................................................ ...... Yes o o o o o [] No :iJ :iJ :iJ :iJ :iJ ix] 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. 99116 (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. 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-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. 99116 (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 four and one-half (4.5) percent, except as noted in 72 P.S. 99116 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 twelve (12) percent [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-1510 EX+ (6-98) *' SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Leaphart, Betty J. FILE NUMBER 21-06-1031 This schedule must be completed and filed ~ the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER INCLUDE NAME OF TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. 1 Jackson National Life Insurance Company - 10.565.81 100.000 10.565.81 Annuity Policy No. 0058880950, proceeds received 7-19-2007. Susan Leaphart, daughter, sole beneficiary TOTAL (Also enter on Line 7, Recapitulation) 10.565.81 <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 G (Rev. 6-98) REV.1151 EX+ (12-99) *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Leaphart, Betty J. Debts of decedent must be reported on Schedule I. FILE NUMBER 21-06-1031 ESTATE OF ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees Weigle & Associates, P.C. 422.63 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City . State Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs Register of Wills, Cumberland Co., - supplemental 15.00 TOTAL (Also enter on line 9, Recapitulation) 437.63 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) REV 1513 EX. (9 00) . SCHEDULE J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT NUMBER Leaphart, Betty J. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal aistributions. and transfers under Sec. 9116(a)(1.2)] FILE NUMBER 21-06-1031 ESTATE OF RELATIONSHIP TO DECEDENT Do Not List Trustee{sl SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. 1 Susan Leaphart 620 Charles Street Shippensburg, PA 17257 Daughter 100% 10,128.81 Total 10,128.81 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 TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) Jackson National Life Insurance Company@ Insuring your financial future~ -- iii --' Claims Administration Susan Leaphart 620 Charles St Shippensburg, P A 17257 Your Independent JNL representative: JOSEPH BOWDEN C/O FINANCIAL NETWORK PO BOX 250 SHIPPENSBURG, PA 17257-0250 July 19, 2007 Representative Phone: (717)530-2618 Deceased: Paul B & Betty J Leaphart Dear Susan Leaphart: Thank you for your patience during our processing of this claim. Your payment has been deposited in a Beneficiary Access Account. You will be receiving additional information, regarding the particulars of the account, within ten business days. The Internal Revenue Service (IRS) requires us to report payments made, so we will be sending both you and the IRS tax form 1099R (for Annuity benefit payments) and form 1099INT (for the interest amounts over $600.00), in January of next year. If you have any questions or need additional information, please contact our Service Center toll free at 888/565-4995, Sincerely, tX~ ~dvrU Laura Prieskorn Claims Administration CC: ~"'~I'. ~~~ > ~:~ . Jacksol1 National Life Insurance Company 1 Corporate Way, Lansing, MI 48951 PO Box 24068, Lansing, MI 48909-4068 Toll Free Number: 888/565-4995 0[.OI,41::: 1 ~": '~11\'[ (;(,(,(,.., 1 ~ 1 \ \ 0;,"':.'::\7 .:. 7.'1 ui~'or;7 '.!'c"~">kR !'MTI Jackson National Life Insurance Company@ Insuring your financial future: Claims Administration <';j~ ..ort.~,...... ~,.~ :Z.... E1'1 Proceeds Pavable to: Susan Leaphart Policy Number: Claim Number: 0058880950 0700023974 Policv Information: Policy Benefit: Loan Payoff: Premium Due: $10,565.81 $0.00 $0.00 Beneticiarv Information: Benefit Paid: Interest Paid: Misc Interest Paid: Premium Refund: Foreign Withholding: Federal Withholding: State Withholding: Distribution Amount: $10,565.81 $0.00 $0.00 $0.00 $0.00 $406.58 $0.00 $10,159.23 -. .. Jacksol) National Life Insurance Company I Corporate Way, Lansing, MI 48951 PO Box 24068, Lansing, MI 48909-4068 Toll Free Number: 888/565-4995