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HomeMy WebLinkAbout04-10-08 REV-1500 EX + (6-00) *' COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV -1500 INHERITANCE TAX RETURN RESIDENT DECEDENT W I- :.:: $(1) ull:::':: w~u :1:11::9 U R:1lI <C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) I- Z W C W (,) W C KOSHEBA REGINA M. DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) FILE NUMBER 2 -07 04 COuN"TY"CoiiE -YEA~ - - N'UMBER- - SOCIAL SECURITY NUMBER 171-16-1150 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER o 3. Remainder Retum (date of death poor to 12-13-82) o 5. Federal Estate Tax Return Required _ 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch 01 z o i= :3 ;:) l- e:: <C (,) w a::: z o ;:: ~ ;:) a.. ::E o (,) >< ~ 11/07/2007 01/31/1920 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) PA 15068 3,690.00 ,....., = c..::;.. = N/A IX] 1. Original Retum o 4. Limited Estate o 6. Decedent Died Testate (AttachcopyoIWill) o 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (date of death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy 01 Trust) o 10. Spousal Poverty Credit (date 01 death between 12-31-91 and 1-1-95) J. o :0 'T'} .1 ~t. (J 23,178.26; .! ~::- f~ ~ (f) J1 'QO ) C..,I l"1 .,,)c , :0 .,J --i :-0 F~ c.:::) .:::CJ C::J rn o o -n _'- .1 :': c"'5 lorn c.') 0 ):,i.. ---0 ::::0 o -0 :x NAME J. RAYMOND AMBROSE JR. ESQ. FIRM NAME (II Applicable) AMBROSE LAW CENTRE TELEPHONE NUMBER 724-339-3111 COMPLETE MAILING ADDRESS 801 FREEPORT RD. NEW KENSINGTON w 212,928.60 205,761.92 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (1) (2) (3) (4) (5) (6) (7) (9) 14. Net Value Subject to Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 0.00 X _ (15) 205,761.92 X .045 (16) 0.00 X .12 (17) 0.00 X .15 (18) (19) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. D CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Decedent's Com lete Address: STREET ADDRESS 325 WESLEY DRIVE CITY MECHANICSBURG STATE PA ZIP 17055 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1 ) 9,259.29 8.500.00 447. 36 Total Credits (A + 8 + C) (2) 8,947.36 3. InteresVPenalty if applicable D. Interest E. Penalty 0.00 TotallnteresVPenalty ( 0 + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference, This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A, Enter the interest on the tax due, (5A) 8, Enter the total of Line 5 + 5A. This is the BALANCE DUE. (58) Make Check to: REGISTER OF WILLS, AGENT 0,00 311.93 311,93 PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1 , Did decedent make a transfer and: Yes No a, retain the use or income of the property transferred; ..,...... ... ,.".. ......................................................... 0 00 b, retain the right to designate who shall use the property transferred or its income; .....................................,.. 0 00 c, retain a reversionary interest; or ...................................................................................................... 0 00 d. receive the promise for life of either payments, benefits or care? ............................................................. 0 00 2, if death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?............... ...... ........ ....., ... .........,.....,..... ......". ..............,.....,..,.. 0 00 3, Did decedent own an 'in trust for' or payable upon death bank account or security at his or her death? ................. 0 00 4, Did decedent own an individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ..............,..............,......... ......................,...................."................... 00 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN, Under penalties of pe~ury, I declare that I have examined this return, includin~ 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 representalive is based on all Information of which preparer has any knowledge. SIGNATURE OF ~?N RESPONSIBLE ~OR Fill RETYRN I) DATE - . t "7t .,It. ./[. ~ 4/8/2008 ADDRESS Edward J. Kosheb 1205 B man Court Mechanicsbur SIGNATURE OF e THER T~ ~EPRESEN I\T1VE a --I~-u, aymond Ambrose, Jr., Esquire ADDRESS PA 17055 DATE 4/8/2008 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 3% [72 P,S. ~9116 (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 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot 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 0% [72 P,S, ~9116(a)(1 ,2)]. . \~ imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4,5%, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1 )]. l'M~pe imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P,S. ~9116(a)(1.3)]. A sibling is defined, under Section 9102, as an ~n9,,:c0 who has at least one parent in common with the decedent, whether by blood or adoption. REV-1503,EX + (6-98) . '. SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KOSHEBA REGINA M. FILE NUMBER 21 07 All property jointly-owned with right of survivorship must be disclosed on Schedule F. 1041 ITEM NUMBER 1. DESCRIPTION 41 Shares Prudential Financial Common Stock (approximately $90/Shr. VALUE AT DATE OF DEATH 3,690.00 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 3690.00 REV-150~ EX + (6-98) , '. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KOSHEBA REGINA M. FILE NUMBER 21 07 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F, 1041 ITEM NUMBER 1. DESCRIPTION PNCBANK Certificate of Deposit No. 31100302115 2. PNCBANK Certificate of Deposit No. 31200301018 3. PNCBANK Certificate of Deposit No. 31100302156 4. PNCBANK Checking Account NO.1 017971 027 5. PNCBANK IRA Account No. 65000082636 VALUE AT DATE OF DEATH 5,512.92 5,512.92 5,209.91 4,865.12 2,077.39 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 23 178.26 REV-151~ EX.". SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KOSHEBA. REGINA M. FILE NUMBER 21 07 1041 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY ITEM INClUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER THE DATE OF TRANSFER ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE 1. Merrill Lynch Mutual Funds 107,481.99 100. 107,481.99 American capital Income Builder 1,617 shrs. @ $66.47/share 2. Merrill Lynch Mutual Funds 76,966.80 100. 76,966.80 American Income Fund 3,720 shars. @ $20.69/share 3. Merrill Lynch Bank Deposit Program 1,611.55 100. 1,611.55 1,611.55 @ $1.00/shr. TOTAL (Also enter on line 7 Recapitulation) $ 186 060.34 (If more space is needed, insert additional sheets of the same size) REV-1511 EX+(12-99) . '. SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KOSHEBA. REGINA M. Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION FUNERAL EXPENSES: Grave opening Funeral Flowers Funeral Wake Postage for "thank you" notes 1. 2. 3. 4. B. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Add ress 1. City State Yea~s) Commission Paid: 2. 3. Attorney Fees J. Raymond Ambrose, Jr. Family Exemption: (If decedenfs address is not the same as c1aimanfs, attach explanation) Claimant Street Address City State Relationship of Claimant to Decedent 4. Probate Fees Petition Ltrs.Test-$20, Will-$15, Automation Fee-$5, Shorts-$40, JCP-$10 5. Accountanfs Fees FILE NUMBER 21 07 Zip Zip Tax Return Preparer's Fees Hamilton & Musser, PC, CPAs for 2007 Federal and State Income Tax Returns 11/14/07 Carlisle Sentinal - estate advertising 11/14/07 Cumberland County Legal Journal for estate advertising 01/07/08 J. Raymond Ambrose reibursemt. for FedEx USA Airbill 01/24/08 J. Raymond Ambrose owed addt'l monies for FedEx Airbill 03/12/07 PA Dept. of Revenue - 2007 taxes 04/08/08 Postage re: estate correspondence to Merrill Lynch, sister, attorney 04/08/08 Mileage for 3 trips to Lowr Burrell re: est. business (50.5 x 1,320) 04/08/08 Toll reimbursmt. to executor for 3 trips - $22.00/Trip x 3 04/08/08 Balance due on letters to Register of Wills of Cumberland County Filing Family Settlement Agreement and Release with Register of Wills J. Raymond Ambrose, Jr., Esq.-reimbursement for postage Register of Wills of Cumberland County fee for filing Inventory 6. 7. 8. 9. 10. 11. 13. 14. 15. 16. 17. 18. 19. 1041 TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) AMOUNT 900.00 200.00 468.29 9.84 3,722.71 90.00 249.25 134.68 75.00 15.00 3.65 184.00 2.46 726.00 66.00 70.00 25.00 16.93 15.00 6 988.81 Continuation of REV-1500 Inheritance Tax Return Resident Decedent KOSHEBA. REGINA M. Decedent's Name Page 1 21 07 1041 File Number Schedule H - Funeral Expenses & Administrative Costs - 87. ITEM NUMBER DESCRIPTION AMOUNT 20. Register of Wills of Cumberland County fee for filing inheritance tax 15.00 SUBTOTAL SCHEDULE H.B? 15.00 . REV-151:1 EJl:+ (6-98) '* SCHEDULE. DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF KOSHEBA. REGINA M. FILE NUMBER 21 07 1041 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION 1. 12/14/07 East Pennsboro Ambulance Svc., Inc. - transport decedent from Holy Spirit Hospital VALUE AT DATE OF DEATH 33.00 2. 12/14/07 Millenium Phcx. Svc., Inc.- balance due on pharmacy bill 144.87 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) 177.87 '~_"'m:(* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF "OSnE"BA REGINA M. SCHEDULE J BENEFICIARIES FILE NUMBER 21 07 RELATIONSHIP TO DECEDENT Do Not List Trustee(s) NUMBER I. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Edward J. Kosheba 1205 Bauman Ct. Mechanicsburg, PA 17055 Joyce A. James 3215 South Peach Hollow Circle Pearland,TX 77584 Lineal 2. Lineal 1041 AMOUNT OR SHARE OF ESTATE 98,698.68 98,698.67 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 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) J. RAYMOND AMBROSE, JR. AMBROSE LAW CENTRE 801 FREEPORT ROAD NEW KENSINGTON, PA 15068 724-339-3111 1-ROO-49R-n79~ LAST WILL AND TESTAMENT I, REGINA M. KOSHEBA, single, now or formerly of Lower Burrell, Westmoreland County, Pennsylvania, do make this my Will hereby revoking any and all Wills at any time heretofore made by me. FIRST: I direct payment of my just debts, the expenses of my last illness and my funeral expenses, including my gravemarker, shall be paid from my residuary estate, as soon as practicable after my decease, as a part of the expenses of the administration of my estate. SECOND: property, real situate, I give, as follows: All the rest, residue and remainder of my and personal, whatsoever and wheresoever devise and bequeath in three (3) equal shares A. One (1) share to my son, Edward J. Kosheba, now or formerly of 646 Allenview Drive, Mechanisburg, Pennsylvania; B. One (1) share to my daughter, JOYCE A. JAMES, now or formerly of 15715 Havenhurst, Houston, Texas; and C. One (1) share to my daughter, LOIS J. KOSHEBA, now or formerly of Three Fountains III, Houston, Texas. THIRD: I direct my Executor to payout of the principal of my residuary estate, all estate, inheritance and other taxes in the nature thereof imposed upon or with respect to my estate or any property in which I have an interest including any property included in my gross estate for tax purposes, whether or not such property passes under this Will, at such times and in such manner as my Executor deems advisable; and no portion of such taxes shall be collected from or refunded by any other person by way of apportionment or otherwise. FOURTH: I appoint my son, EDWARD J. KOSHEBA,Executor of my Will. I give and grant to my Executor, in addition to the authority conferred by law, the power to sell any or all of my property, real or personal, or in his discretion to retain the same for distribution in kind. . . J. RAYMOND AMBROSE, JR. AMBROSE LAW CENTRE 801 FREEPORT ROAD NEW KENSINOTON, PA 15068 724-339-3111 1-800-498-6793 FAX: 724-339-0809 e-mail: oBo@ambroselegal.com FIFTH: I direct that no bond or other security shall be required of any fiduciary herein named or any fiduciary acting as successor of any fiduciary as provided in this Will, for any cause whatsoever. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 11th day of November, 2002. ~ . '/Jz ./ . . >". - .~) C7J}, lf~-c> ~ E NA M. KOSHEB Signed, sealed, published and declared by the above Testatrix, REGINA M. KOSHEBA, as and for her Will, in the presence of us, who, at her request, in her presence, and in the presence of each other have hereunto subscribed our names (JlJ;;;:;;JlJIL 'tL,,:,L,,' 'II<( ,y, Addr e S S(.~.l "~I"',: ,./' ~. 1~.",', '.~, i.A,.,./~..,A... ',',' p.... '.' ./4-,' i/ .~. ., ,t'.",..i. ,~,,', . .- ,'-;~.,.. 4. . -~ Address: .f. :'l!.('I!/c!",'li..;. L, /1 .". '",.., /-V/ /'1 .,,\ '}, ../:-i;4![))U",q.:: )rj:.. ;C:;.:d"'?,/j l:.y, i'~<> "I ( - . J. RAYMOND AMBROSE, JR. AMBROSE LAW CENTRE 801 FREEPORT ROAD NEW KENSINGTON, PA 15068 724-339-3111 1-800-498-6793 FAX: 724-339-0809 a-ma.il: oso@ambroselegal. com COMMONWEALTH OF PENNSYLVANIA COUNTY OF WESTMORELAND ss: We, REGINA M. KOSHEBA, Maegan Susa Filo and Martina Heavner , Testatrix, and the witnesses, respectively, whose names are subscribed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testatrix signed and executed the instrument as her Last Will and Testament and that she had signed willingly, and that she executed it as her free and voluntary act for the purposes therein expressed, and that each of the witnesses, in the presence and hearing of the testatrix, signed the Will as witnesses and that to the best of their knowledge, the testatrix was at the time eighteen years of age or older,of sound mind and under no constraint or undue influence. '/'w" /",/ ~ J- -6'---d~ ! ..I,.-.t'.../ :j'._.".,. \".,,/ ./ /.-!k.:'-.t.I~~A.. . ,}".;,......". -',-...c' Subscribed, sworn to and acknowledged before me M. KOSHEBA, the Testatrix, and subscribed and sworn me by Maegan Susa Fila and Martina Heavner this 11TH day of November, 2002. by REGINA to before My Commission Expires: ~~:1:0~:fif!U .; NOTARIAL SEAL JUOrniW PfERCHALsKf. =:1. PubIc orHlw~wr. IdCo. ~~Oct.2,20C8 \