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Home My WebLink About05-20-08COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 009766 VITTONE LAWRENCE 723 ELKWOOD DR NEW CUMBERLAND, PA 17070 -------- fold ESTATE INFORMATION: ssN: ~7s-2o-5327 FILE NUMBER: 2108-0557 DECEDENT NAME: VITTONE JULIA DATE OF PAYMENT: 05/21 /2008 POSTMARK DATE: 05/20/2008 COUNTY: CUMBERLAND DATE OF DEATH: 1 1 /21 /2007 ACN ASSESSMEN~f AMOUNT CONTROL NUMBER 08121410 ~ S 193.69 TOTAL AMOUNT PAID: REMARKS: LAWRENCE VITTONE CHECK# 845 SEAL INITIALS: AKK REV-1162 EX111-96) S 193.69 RECEIVED BY: GLENDA EARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS COMMONWEALTH OF PENNSYLVANIA . DEPARTMENT OF REVENUE I N F O R MAT I O N N O T I (:E BUREAU OF INDIVIDUAL TAXES AN D DEPT. 280681 HARRISBURG, PA 17126-0601 TAXP AY E R R E S P O N S E REV-1543 EX AFP (n9-nn) FILE N0. 21'U~.'jJ ACN 08121410 DATE 05-13-2008 TYPE OF ACCOUNT EST. OF JULIA V[TTONE ^ SAVINGS S.S. N0. 178-20-5327 ® CHECKING DATE OF DEATH 11-21-2007 ^ TRUST COUNTY CUMBERLAND ^ CERTIF. REMIT PAYMENT AND FORMS T0: REGISTER OF WILLS CUMBIERLAND CO COURT H OUSE CARLISLE, PA 17013 LAWRENCE B VITTONE 723 ELKWOOD DR NEW CUMBERLAND PA 17070 PNC BANK has provided the Department with the information listed I)elow which has been used in calculating the potential tax due. Their records indicate that at the death of the above decedent, you were a joint 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 of rennsylvania. puestions may be a!~swared by calling (71?) 78?-8327. COMPLETE PART I BELOW * * * SEE REVERSE SIDE FOR FILING AND (PAYMENT INSTRUCTIONS Account No. 5001067779 Account Balance Percent Taxable Amount Subject to Tax Tax Rate Potential Tax Due u TAX RETURN - COMPUTATION LINE 1. Date Established 2. Account Balance 3. Percent Taxable 4. Amount Subject to Tax 5. Debts and Deductions 6. Amount Taxable 7. Tax Rate Date 08-05-1997 Established 6,948.47 x 50.000 3,474.24 x .15 521.14 OF TA~ ~JOjI T iT~UST~CCOUNTS 2 I J 3 X 4 ~ -~~ 5 - ~ • 6 7 8 t To insure proper credit to your account, two (2) copiesc of this notice must accompany your payment ti! the Register of Wills. Make check payable tn!: "Register of Wills, Agent". NOTE: If tax payments are made within three C3) month: of the decedent's date of death, you may dE!duct a 5% discount of the tax due. Any inheriitance tax due will become delinquent nine (9) months after the date of death. 8. Tax Due PART DEBTS AND DEDUCTIONS CLAIMED 3^ DATE PAID PAYEE DESCRIPTION AMOUNT PAID ~ r ~>^ t ert. ~. c n ~ c o ~ ostw te,.r~ •ts-r' ++~ is aweo n TOTAL (Enter On Line 5 of Tax COmputat:ion) S ~ r7• ~+~ Under penalties of perjury, I declare that the facts I have repor ted albove are true, correct and comp ete to the best of my knowledge and belief. n ^ HOME C (,~ ) ~ ! ~~ 0..+~„ ~ t ~ /~ V WO R K C ) TAXPAYER SIGNATURE TELEPHONE NUMBER DATE 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 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. 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 I of the "Taxpayer Response" section. Sign one copy and return to the PA Department of Revenue, Bureau of Individual Taxes, Devt 280601, Harrisburg, PA 17128-0601 in the envelope provided. BLDCK 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. TAX RETURN - PART 2 - TAX COMPUTATION LINE 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 53,000 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. Enter the total balance of the account including interest accrued to the date of death. 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 X 100 = PERCENT TAXABLE JOINT OWNERS SURVIVING JDINT OWNERS Example: A joint asset registered in the name of the decedent and two other 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 SURYIVING 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) The amount subject to tax (line 4) is determined by multiplying the account balance (line 2) by the percent taxable (line 3). Enter the total of the debts and deductions listed in Part 3. The amount taxable (line 6) is determined by subtracting the debts and deductions (line 5) from the amount subject to tax Cline 4). Enter the appropriate tax rate (line 7) as determined below. *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 tie itemized .fully id Part 3. If additional 'space is needed, use plain paper 8 1/2° x 11".~ Proof of payment mdY be requested by the PA Depart~e0t, of Jtevenue. ~ . - ~ ~ " 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%x• 12% 15% ;.. ..,,2 {„} P"' ji~ i;~i s 5 ~: ail }~~,~ ~~i S S i, .~ t.'°. ~ ~ ~t ~ v r"'.r r A N «- ~. ~y,.~ Ewa h V ~jjj•' ~~ .,.~ a ~ ~ '`j '"~ '~ r7 _„l~~ r a ~ i v l~ ~ {~ r~~~ F'~ ~1: {34 ~~ .. ,~__ ) _,-r .. ~~ ~; ";. ,.~ ~~~ ;;' ~,:.. w ,.:. }}: r"; ~~:.~ ~` rF~ .rt s; d~'~ ~ :dd .K: ,y:~ :~ ~Y.q .w• X" -. €~ n