HomeMy WebLinkAbout04-04-08
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
RECORDED OFFjC~tiT)fCE OF INHERITANCE TAX
,"'~"r,wAPc-RRA~l!!E$NT, ALLOWANCE OR DISALLOWANCE
MCtl1\:; i U i,OF oEDYCTIONS AND ASSESSMENT OF TAX
'*
BUREAU elF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
PO BOX 2811601
HARRISBURG PA 17128-0601
2008 APR -4 PH I: 55
REV-1547 EX AFP (06-05)
DATE 04-07-2008
ESTATE OF TOMS JAMES E
DATE OF DEATH 04-14-2007
FILE NUMBER 21 07-0420
COUNTY CUMBERLAND
ACN 101
APPEAL DATE: 06-06-2008
( See reverse side under Objections)
Amount Remittedl I
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE --+ RETAIN LOWER PORTION FOR YOUR RECORDS +--
-------------------------------------------------------------------------------------------
REV-1547 EX AFP C03-05l NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE: OF TOMS JAMES E FILE NO. 21 07-0420 ACN 101 DATE 04-07-2008
CLERK OF
ORPHAN'S COURT
('It!\t~;:'r:T}1 \\\f": (~~""l PA
MELVIN CHERRY v),. . .., ...... .
10833 BUSTLETON AVE
PHILA PA 19116
( X) CHANGED
SEE ATTACHED NOTICE
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
.00
35,324.71
.00
.00
33,665.24
89,005.00
204,733.44
(8)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
NOTE: To insure proper
credit to your account,
submit the upper portion
of this form with your
tax payment.
362,728.39
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
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 ALL 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
TAX CREDITS:
NOTE:
(9)
(10)
12,677.04
2.424.76
(11 )
(12)
(13)
(14)
Pi.l01.80
347,626.59
.00
347,626.59
(15)
(16)
(17)
(18)
51,524.38 X 00 .00
296,102.31 X 045 = 13,324.60
.00 X 12 = .00
.00 X 15 = .00
(19)= 13,324.60
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
D.ATE NUMBER INTEREST/PEN PAID (-)
01-11-2008 CD009161 .00 10,002.17
.
INTEREST IS CHARGED THROUGH 04-22-2008 TOTAL TAX CREDIT 10,002.17
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 3,322.43
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 63.15
TOTAL DUE 3,385.58
* IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
r\.
y
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED.
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
DECEDENT'S NAME
James E Toms
FILE NUMBER
John Kealy
ACN
2107 -0420
101
REVIEWED BY
ITEM
SCHEDULE NO.
K
EXPLANATION OF CHANGES
The value of the life estate in the trust passing to the spouse of the decedent has been
adjusted to $51,524.28. This amount was calculated based of a life estate factor of .35437
for a 79 year old life tenant from the single life table in effect at the decedent's date of
death (5.6%).
ROW
Page 1