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HomeMy WebLinkAbout05-06-08COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT FARINA MARCELLA 708 ALISON AVE MECHANICSBURG, PA 17055 told ESTATE INFORMATION: ssN: iaa-20-a7~3 FILE NUMBER: 2108-0547 DECEDENT NAME: BINGAMAN VERNA J DATE OF PAYMENT: 05/ 1 9/2008 POSTMARK DATE: 05/06/2008 couNTY: CUMBERLAND DATE OF DEATH: 10/30/2007 REV-1162EX(11-96) N0. CD 009746 ACN ASSESSMENT AMOUNT CONTROL NUMBER 08112977 ~ 562.78 TOTAL AMOUNT PAID: REMARKS: MARCELLA FARINA CHECK#106 SEAL INITIALS: AKK RECEIVED BY: 562.78 GLENDA EARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS r:OMMONWEALTH OF PENNSYLVANIA I N F O R MAT I O N N O T I C E DEPARTMENT OF REVENUE AN D BUREAU OF INDIVIDUAL TAXES DEPT. 280601 TAXPAYER RESPONSE HARRISBURG, PA 17128-0601 REV-1543 E% pFP (D9-00) FILE N0. 21 ~~'~~~ ACN 08112977 DATE 03-20-2008 EST. OF VERNA J BINGAMAN S.S. N0. 188-20-8713 DATE OF DEATH 10-30-2007 COUNTY CUMBERLAND MARCELLA A FARINA 708 ALISON AVE MECHANICSBURG PA 17055 TYPE OF ACCOUNT SAVINGS ® CHECKING TRUST CERTIF. REMIT PAYMENT AND FORMS T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 PNC BANK has provided the Department with the information listed below which has been used in calculating the potential tau due. Their records indicate that at the death of the above decedent, You were a ioint owner/beneficiary of this account. If you feel this information is incorrect, please obtain written correction from the financial institution, attach a copy to this form and return it to the above address. This account is taxable in accordance with the Inheritance Tax Laws of the Commonwealth -ui Prnnsvlvania. Questions may be answered by caiiing f7I7) 78/-832,. COMPLETE PART 1 BELOW * * * SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS Account No. 5004894139 Date 02-16-2007 To insure proper credit to your account, two (2) copies of this notice must accompany your Established payment to the Register of Wills. Make check Account Balance 2 , 747 • 80 payable to: "Register of Wills. Agent". Percent Taxable X 100 • 00 NOTE: If tax payments are made within three Amount Subject to Tax 2, 747 • 80 (3) months of the decedent's date of death, X • 1 2 you may deduct a 5% discount of the tax due. Tax Rate Anv inheritance tax due will become delinquent Potential Tax Due 329.74 nine (9) months after the date of death. PART TAXPAYER RESPONSE ............................:::.:::::::::::::::.:.::...................::::-.,..:_.:..:.....,. :.: :.: ...... :::::: .:.:: ..::..::::::.:.........:::: : E~;t'.:.:SAS.E3~::#~:.:......,.::::::::::::~::::.:.:.:........,.::::::::::::::: -~., A. ~ The above information and tax due is correct. 1. You may choose to remit payment to the Register of Wills with two copies s notice ~ obtain a discount or avoid interest, or You may check box "A" and return this no the Remoter of C H E C K Wills and an official assessment will be issued by the PA Department of ReY Z.~ ~, tance~ return C ONE _ B L 0 C K B. ~ The above asset has been or will be reported and tax paid with the Pennsylvania-l-i~ 0 N L Y to be filed by the decedent's representative. ~-j ~ Ol C. ~ The above information is incorrect and/or debts and deductions were paid by v~u~C ~ ~ ' ~ --t-7 ~ Vou must complete PART ~ and/or PART ~ below. ~ " our ::::::::~:::::::~::::~::::::::~::::::: ,:: ,.: ~ ~ :. • s tat e v ~ ~ ::::::::::::::~::::::::::::::::::::::: ~~" : .::..:.:.:.,.. ..;?~.::;. Cate a different tax rate, P _ :::~::~ ::::::::::::::::::::~::::~::~~::::::::::::::::::: •...s::~::~::~;:~~::~::::~;::::;~~::::~:::::~...::-~:::::~::::,:,: PART If you indi ~ ~~ ~ N /-~.~ :;:;:~;:;:~;:=iii:~~...::~• ::::................-..;...• ::::- c :-'.~:;~ Asti:€=<s:€~:.~.':Ss:~i~~ii~ €:~+~.:.....`:'~,...,:,:;..~ii~'~~, • - edent: "`" r e l a t i o n s h 1 P t o d e y .., ~ ..............:.:::::::::.:.:.:.:..............:.:.::-:.;.,.,. ... 2 X TA - ATION T P OM C RN U ET R OF TAX JOINT/TRUST ON ACCOUNTS .,~,4:~.~ :::::::::::::.:.:..:.........:::-:~::~:::::~::::.:.::::...:::.:.:.:::.::::.:.:::::::.:......,::.:::.:.::::.:.:::: /~/~ E LI d he is bl to s e E t Da 1. 1 a e c an al t B un co c . A 2 2 t J V Percent Taxable 3 3 )C a . 3 yJ ' ~ ~ ~ 4. Amount Subject to Tax 4 ,/ -' ~if~~W' ':?' s 'on i uc ed D nd a is eb . D 5 5 - e ab ax T nt ou Am 6. 6 ~C/1 / . ..S e t Ra x Ta 7. 7 y :.:: ::~:~: ... S. Tax Due B i€ssi':i'::i:€~::__::::e::s::s::;:s::_s::;:;:::::~~ :::::::::: :::::~:;.::::::.:.:..:...................................... DEBTS AND DEDUCTIONS CLAIMED PART DESCRIPTION AMOUNT PAID DAT PAYE E PAID E TOTAL CEnter on Line 5 of Tax Computation) 0 Under penalties of le a to the best of per' Y, I dec ar that the facts my no ledge a belief. ~ I have reported~bove are true, correct HOME C' y ~ ~~~ y~'S and ~ ~ WORK t i~ ) ~~ 7 ~~ .~ S-~ ~.~k' ~ '~'~ ~ ~_ ~..1'[-t , _ TE TELEPHONE NUMBER DA TAXPAYER SIGNATURE GENERAL INFORMATION 1. FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based on information submitted by the financial institution. 2. Inheritance tax becomes delinquent nine months after the decedent's date of death. 3. A joint account is taxable even though the decedent's name was added as a matter of convenience. 4. Accounts (including those held between husband and wife) which the decedent put in joint names within one year prior to death are fully taxable as transfers. 5. Accounts established jointly between husband and wife more than one year prior to death are not taxable. 6. Accounts held by a decedent "in trust for" another or others are taxable fully. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. BLOCK A - If the information and computation in the notice are correct and deductions are not being claimed, place an "X" in block "A" of Part 1 of the "Taxpayer Response" section. Sign two copies and submit them with your check for the amount of tax to the Register of Wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REV-1548 EX) upon receipt of the return from the Register of Wills. 2. BLOCK B - If the asset specified on this notice has been or will be reported and tax paid with the Pennsylvania Inheritance Tax Return filed by the decedent's representative, place an "X" in block "B" of Part 1 of the "Taxpayer Response" section. Sign one copy and return to the PA Department of Revenue, Bureau of Individual Taxes, Dept 280601, Harrisburg, PA 17128-0601 in the envelope provided. 3. BLOCK C - If the notice information is incorrect and/or deductions are being claimed, check block "C" and complete Parts 2 and 3 according to the instructions below. Sign two copies and submit them with your check for the amount of tax payable to the Register of Wills of the county indicated. The PA Department of Revenue will issue an official assessment (Form REV-1548 EX) upon receipt of the return from the Register of Wills. LINE TAX RETURN - PART 2 - TAX COMPUTATION 1. Enter the date the account originally was established or titled in the manner existing at date of death. NOTE: For a decedent dying after 12/12/82: Accounts which the decedent put in joint names within one (1) year of death are taxable fully as transfers. However, there is an exclusion not to exceed 83,000 per transferee regardless of the value of the account or the number of accounts held. If a double asterisk (~~) appears before your first name in the address portion of this notice, the 53,000 exclusion already has been deducted from the account balance as reported by the financial institution. 2. Enter the total balance of the account including interest accrued to the date of death. 3. The percent of the account that is taxable for each survivor is determined as follows: A. The percent taxable for joint assets established more than one year prior to the decedent's death: 1 DIVIDED BY TOTAL NUMBER OF DIVIDED BY TOTAL NUMBER OF JOINT OWNERS X 100 = PERCENT TAXABLE Example: A joint asset registered in the name of theydeceden01andOtwoRother persons. 1 DIVIDED BY 3 (JOINT OWNERS) DIVIDED BY 2 (SURVIVORS) _ .167 X 100 = 16.7% (TAXABLE FOR EACH SURVIVOR) B. The percent taxable for assets created within one year of the decedent's death or accounts owned by the decedent but held in trust for another individual(s) (trust beneficiaries): 1 DIVIDED BY TOTAL NUMBER OF SURVIVING JOINT X 100 = PERCENT TAXABLE OWNERS OR TRUST BENEFICIARIES Example: Joint account registered in the name of the decedent and two other persons and established within one year of death by the decedent. 1 DIVIDED BY 2 (SURVIVORS) _ .50 X 100 = 50% (TAXABLE FOR EACH SURVIVOR) 4. The amount subject to tax (line 4) is determined by multiplying the account balance (line 2) by the percent taxable Cline 3). 5. Enter the total of the debts and deductions listed in Part 3. 6. The amount taxable (line 6) is determined by subtracting the debts and deductions Cline 5) from the amount subject to tax (line 4). 7. Enter the appropriate tax rate (line 7) as determined below. Date of Death Spouse Lineal sibling Collateral 07/01/94 to 12/31/94 3% 6% 15% 15% 01/01/95 to 06/30/00 0% 6% 15% 15% 07/01/00 to present 0% 4.5%^ 12% 15% ^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%. The lineal class of heirs includes grandparents, parents, children, and lineal descendents. "Children" includes natural children whether or not they have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of the natural parents and their descendents, whether or not they have been adopted by others, adopted descendents and their descendants and step-descendants. "Siblings" are defined as individuals who have at least one parent in common with the decedent, whether by blood or adoption. The "Collateral" class of heirs includes all other beneficiaries. CLAIMED DEDUCTIONS - PART 3 - DEBTS AND DEDUCTIONS CLAIMED Allowable debts and deductions are determined as follows: A. You legally are responsible for payment, or the estate subject to administration by a personal representative is insufficient to pay the deductible items. B. You actually paid the debts after death of the decedent and can furnish proof of payment. C. Debts being claimed must be itemized fully in Part 3. If additional space is needed, use plain paper 8 1/2" x 11". 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