HomeMy WebLinkAbout08-30-82
)
REV. 1593EX (3-82)
PENNSYLVANIA DEPARTMENT OF REVENUE
BUREAU OF ACCOUNTS SETTLEMENT
P.O. BOX 2055
HARRISBURG, PA 17105
INHERITANCE TAX
RECORD ADJUSTMENT
ASSESSMENT
CONTROL NO.
101
ESTATE OF RISSINGER
DATE OF DEATH 08-14-78
NOTE: TO INSURE PROPER CREDIT
PAYMENT TO THE REGISTER
WILLS, AGENT,"
DATE 08-30-82
FILE NO. 21 78-0454
COUNTY CUMBERLAND
TO YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR
OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER
MILDRED
J
K I DANIEL
ELIZABETHVILLE
PA 17023
CUT ALONG THIS LINE
**INHERITANCE TAX RECORD ADJUSTMENT**
ESTATE OF RISSINGER
MILDRED
J FILE NO.21 78-0454
TAX
OF
PLEASE RETURN THIS
PORTION TO REGISTER OF
WILLS IF PAYMENT DUE
ACN 101
DATE 08-30-82
ADMINISTRATIVE CORRECTION
ADJUSTMENT BASED ON:
VALUE OF ESTATE:
1. Real Estate (Schedule A)
2. Stocks and Bonds (Schedule B)
3. Closely Held Stock/Partnership Interest (Schedule C)
4. Mortgages and Notes (Schedule D)
5. Cash & Miscellaneous Personal Property (Schedule E)
6. Jointly Owned Property (Schedule F)
7. Transfers (Schedule G)
8. Total Gross Assets
DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/ Administrative Costs/Miscellaneous
Expenses (Schedule H)
10. Debts/Mortgages/Liens (Schedule I)
1 1. Total Deductions
12. Net Value of Estate
13. Charitable Bequests (Schedule J)
14. Net Value Subject to Tax
TAX:
15. Amount of line 14 taxable at 6% rate
16. Amount of line 14 taxable at 15% rate
17. Principal Tax Due
T AX CREDITS:
(1)
( 2)
( 3)
( 4)
( 5)
( 6)
( 7)
( 9)
(10)
(15)
(16)
.00
.00
.00
.00
54,016.66
40,282.48
.00
( 8)
94,299.14
.00
8,487.06
(1 1)
(12)
(13)
(14)
8,487.06
85,812.08
.00
85,812.08
.00
85,812.08
X.06=
X.15=
(17)
.00
12,871.81
12,871. 81
PAYMENT I RECEIPT DISCOUNT (+)
I AMOUNT PAID
DATE I # INTEREST (-)
I
10-20-78 I 025780 643.57 12,227.95
05-29-79 003196 .00 .41
TOTAL TAX CREDIT 12,871. 93
NO INTEREST IS DUE IF PAID BY 05-29-79 BALANCE OF TAX DUE .12CR
IF PAID AFTER DATE INDICATED SEE REVERSE FOR INSTRUCTIONS.
(If Balance Due is less than $1.00 no payment is required)
RETAIN THIS PORTION FOR YOUR RECORDS
INFORMATION
If the tax is paid within three (3) months after the decedent's death, a discount of 5% of the tax paid
IS allowed.
Inheritance Tax becomes delinquent nine (9) months after the decedent's death. Interest is charged at the
rate of six (6) percent per annum on the amount of unpaid tax. (SEE EXAMPLE BELOW)
EXAMPLE: If a balance of tax due of $2.000.00 is In a delinquent status from 3-3-80, and payment is made
on 5-23-80. the interest IS calculated as indicated below:
STEP 1
STEP 2
Multiply the balance of
tax due by the rate of
Interest.
STEP 3
Add the interest
to the balance of
tax due.
Determine the rate of
interest from the table below.
2 Months
20 Days
Rate of interest
.010
+ .00335
.01335
Balance of tax due
Rate of interest
INTEREST
$2.000.00
x .01335
$ 26.70
Balance of tax due
Plus Interest to
Date of Payment (+)
TOTAL tax and
interest to Date
of Payment
$2.000.00
$ 26.70
Interest from 3-03-80 to 5-23-80
Results in:
$2.026.70
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1 month .005 4 months .020 7 months .035 10 months .050
2 months .010 5 months .025 8 months .040 11 months .055
3 months .015 6 months .030 9 months .045 12 months .060
1 day .00017 11 days .00186 21 days .00352
2 days .00034 12 days .00203 22 days .00369
3 days .00051 13 days .00220 23 days .00386
4 days .00068 14 days .00237 24 days .00403
5 days ,00085 15 days .00250 25 days .00420
6 days .00101 16 days .00267 26 days .00437
7 days .00118 17 days .00284 27 days .00454
8 days .00135 18 days .00301 28 days .00471
9 days .00152 19 days .00318 29 days .00488
10 days .00169 20 days .00335 30 days .00500
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
MAKE CHECK OR MONEY ORDER PAYABLE TO: "REGISTER OF WILLS. AGENT"
DETACH THE TOP PORTION OF THIS FORM AND SUBMIT WITH YOUR PAYMENT TO THE REGISTER OF WILLS FOR
THE COUNTY SHOWN ON THE REVERSE. SEE THE INHERITANCE TAX INSTRUCTION BOOK FOR ADDRESS.
P,J:V-1470 EX (11-81)
'COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF EXAMINATION
p, 0, BOX 8327
HARRISBURG, PA 17105
INHERITANCE TAX
EXPLANATION OF CHANGES
DECEDENT'S NAME
FI LE NO,
ITEM
SCHEDULE NO, EXPLANATION OF CHANGES
TAX EXAMINER:
PAGE
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