Loading...
HomeMy WebLinkAbout06-17-82 REV. 1547EX (1-82) ASSESSMENT CONTROL NO. BUREAU OF EXAMINATION NOTICE OF INHERITANCE TAX PENNSYLVANIA DEPARTMENT OF REVENUE APPRAISEMENT, ALLOWANCE OR DISALLOWANCE P.O. BOX 8327 HARRISBURG, PA 17105 OF DEDUCTIONS. AND ASSESSMENT OF TAX 101 DATE 0 -15-82 ESTATE OF RISSINGER MILDRED J FILE NO. 21 78-0454 DATE OF DEATH 08-14-78 COUNTY CUMBERLAND NOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX PAYMENT TO THE REGISTER OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER OF WILLS. AGENT." IF TAX PAYMENTS ARE MADE WITHIN 3 MONTHS OF THE DECEDENT'S DATE OF DEATH. A DISCOUNT OF 5% OF THE TAX PAID MAY BE DEDUCTED. K I DANIEL ELIZABETHVILLE PA 17023 CUT ALONG THIS LINE PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE ----------------------------------------------------------------------- NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE 06-15-82 ACN 101 ESTATE OF RISSINGER MILDRED J FILE NO.21 78-0454 ) CHANGED TAX RETURN WAS: (X) ACCEPTED AS FILED APPRAISED 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 APPROVED DEDUCTIONS AND EXEMPTIONS: (1) ( 2) ( 3) ( 4) ( 5) ( 6) ( 7) .00 .00 .00 .00 .00 .00 .00 ( 8) .00 9. Funeral Expenses/ Administrative Costs/Miscellaneous Expenses (Schedule H) ( 9) .00 10. Debts/Mortgages/Liens (Schedule I) (10) 2,388.57 11. Total Deductions ( 11) 2,388.57 12. Net Value of Estate (12) 2,388.57- 13. Charitable Bequests (Schedule J) (13) .00 14. Net Value Subject to Tax (14) 83,423.51 ASSESSMENT OF TAX: 15. Amount of line 1 4 taxable at 6% rate (15) .00 X.06= .00 16. Amount of line 14 taxable at 15% rate (16) 85,812.08 X.15= 12,871. 81 17. Principal Tax Due (17) 12,728.50 TAX CREDITS: I PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE # INTEREST (-) I 10-20-78 025780 643.57 12,227.95 05-29-79 003196 .00 .41 I THIS ASSESSMENT IS BASED ON: 1 SUPPLEMENTAL RETURN TOT AL TAX CREDIT 12,871. 93 NO INTEREST IS DUE IF PAID BY 05-29-79 BALANCE OF TAX DUE 143.43CR IF PAID AFTER DATE INDICATED SEE REVERSE FOR INSTRUCTIONS. RETAIN THIS PORTION FOR YOUR RECORDS (If Balance Due is less than $1.00 no payment is required) RECOR REC .~ .8.... t. .lIn.' 17 i ',-j' . -' ~ INFORMATION This document is the Notice required to be given under Section 709 of the Inheritance and Estate Tax Act of 1961 (72 P.S. section 2485). 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 Determine the rate of interest from the table below. STEP 2 Multiply the balance of tax due by the rate of interest. STEP 3 Add the interest to the balance of tax due. Interest from 3-03-80 to 5-23-80 Results in: 2 Months .010 20 Days = + .00335 Rate of interest .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 (+) TOT AL tax and interest to Date of Payment $2,000.00 $ 26.70 $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 --------------------------------------------------------------------- Any party in interest, including the Commonwealth and the personal representative. not satisfied with the appraisement and assessment may object within sixty (60) days after receipt of this Notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961 (72 P.S. sec. 2485 - 1001). 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.