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HomeMy WebLinkAbout04-0279REV- 15C0 ~X + (6-00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENTOFREVENUE DEPT Z80601 HARRISBURG, PA 171Z8-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDENT S NAME (LAST, FIRST, AN D MIDDLE INITIAL) D E Books Gerald V. OATE OF DEATH (MM-DD-YEAR) I DATE OF BIRTH (MM-DD-YEAR) 12/26/2003 11/02/1929 IF APPLICABLE SU RV~VING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) CAPB HpRL EpIO CRAc EoTK ~ ES R E C A P I T U L A T I O N C O M T I 0 N ~iOrigInal Return ~!aSupplemental Ret um Limited Estate Future interest Compromise (date of death after 1E- 12 -SE) Decedent Died Testate Decedent Maintained a Living Trust (Attach copy of Wdl) (Attach copy of Trust) E~]9 LiNgatlon Proceeds Received I I Spouse] Poverty Credit 10 (date of death between 1Z-31-91 and 1 - 1-95) OFFICIAL USE ON LY FILE NUMBER &ncr COUNTY CODE YEAR NUMBER SOCIAL SECURITY NUMBER 208-24-1828 THIS RETURN MUST BE RLED iN DUPLICATE WlTH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER (date of death 3 Remai~derRetum prlorto1E-13-SZ) IR Federal Estate Tax Return Required IR Total Number of Safe Deposit Boxes ] Election to tax under Sec 9113(A) 11 (Attach Sch O) ~THIS SECTION MUS'F~BE'COM~LETEO~ALI~CORRESPONDENCE &~CONF 0ENTIAL~[T~( INF~ORMAT ON'SHOUlD!BE D RECTED ,TO?~ ~ NAME COMPLETE MAiLiNG ADDRESS Roser B. Irwin Esq. 60 West Pomfret Street FIRMNAME{;f~opllcable) I West Pomfret Professional Bldg. IRWIN & McKNIGHT J Carlisle, PA 17013 TELEPHONE NUMBER I 717/249-2353 ~r' , _~ 1 Ream Estate (Schedule A) (1) ]~o~e ~ OFFI(~,~q3SEONLY 2 Stocks and Bonds (Schedule B) (2) 3 Closely Held Corporatmn, Partnership or (3) Sole-Proprietorship 4 Mortgages & Notes Receivable (Schedule D) (4) 5 Cash, Bank Depos~ & Mmcellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) [~ Separate Bdhng Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8 Total Gross Assets (total Lines 1-7) 9 Funeral Expenses & Administrative Costs (Schedule H) (9) 10 Debts of Decedent, Mortgage L~abdKles, & Liens (Schedule I) (10) 11 Total Deductions (total L~nes 9 & 10) 12 Net Value of Estate (Line 8 minus Line 11) 13 (8) 86,666.36 8,670.60 None (11) 8,670.60 (12) 77,995.76 (13). Chantable and Governmental Bequests/Sec 9113 Trusts for which an electron to tax has not been made (Schedule J) 14 Net Value Sub)ect to Tax (Line 12 minus Line 13) (14) 77,995.76 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 1IR Amountof Line 14 taxable at the spousal tax rate, or transfers under Sec 9116(aX12) 0.00 X 0 0 (15) 0 00 16 Amount of Line 14 taxable at hneal rate 0.00 X 0 ~5 (16) 0.00 17 Amount of Line 14 taxable at tabling rate 0.00 X 12 (17) 0.00 18 Amount of Line 14 taxable at collateral rate 77~995 76 X 15 (16) 11,699 36 19 TaxDue (19) 11,699 36 ~ ~,;,~ !~,,i ~ ~t ~ ~BE,SURE TO ANSWER AU.~QUESTIONS ON;REVERSE SIDE AND~T(~ RECHECK<MATH~ ~: k~' ~ ~[~t~ ,, Copyrlg ht (c) 2000 form software onb/1'he Lackner Group, I nc Form REV- 1500 EX (Rev 6-00) REV-tSog EX.<t-gTI SCHEDULE i~ COMMONWEALTH OF PEN NSYL. VANIA JOINTLY-OWNED PROPERTY iNHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Gerald V. Books SS~ 208-24-1828 12/26/2003 If an asset was made jmnt w~th~n one year of the decedenfs date of death, ~t must be reported on Schedule G FILE NUMBER 21-04- SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A Maxine J. Kuntz none B 249 Pine Grove Road Gardners, PA 17324 JOINTLY-OWNED PROPERTY LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH ITEM "OR JOIN'~ MADE Include name of flnancml InsNt utlon and bank DATE OF DEATH DECD'S VALUE OF account number or similar identifying number NUMBEF TENANT JOINT Attachdsedf°rl°intly-he]drealostate VALUE OF ASSET INTEREST )ECEDENT'S INTERES 1 A 09/03/80 ~&T Bank, savings account 11,118.72 50.007~ 5,559.36 TOTAL (Also enter on hne 6, Recapgulat~on) $ 5,559 36 (If more space m needed ~nsert additional sheets of the same raze) Copyright(c) 1996 form software only CPSystems, lnc Form REV-1509 EX (Rev 1-97) REV-~S~0 EX +0-97) SCHEDULE G INTER-VIVOS TRANSFERS & COMMONWEALTH OF PENNSYLVANIA iNHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Gerald V. Books SS~/ 208-24-1828 12/26/2003 21-04- Thru schedule must be completed and hied ~f the answer to any of questions 1 through 4 on page 2 m yes DESCRIPTION OF PROPERTY % OF ITEM INCLUDE THENAME OF THE TRANSFEREE THEIR DATE OF DEATH DECD'S EXCLUSION TAXABLE VALUE RELATIONSHIP TO DECEDENT AN D THE DATE Or TRANSFER NUMBER ATTACH A COPYOF THE DEED FOR REAL ESTATE VALUE OF ASSET INTEREST (~F APPLICABLE) 1 Oppenheimer & Co. Inc. 81,107 00 81,107.00 IRA; beneficiary Janet Maxtne Kuntz TOTAL (Also enter on hne 7, Recapitulation) $ 81 , 107.00 (If more space is needed, ~nsert additional sheets of the same size) Copyright (c) t996 form software only CPSystems, Inc Form REV-1510 EX (Rev 1-97) REV-1511 EX +(1-97) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF Gerald V. Books SS~/ 208-24-1828 12/26/2003 FILE NUMBER 21-04- Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A B 1 3 4 5 6 7 FUNERAL EXPENSES Hollinger Funeral Home & Crematory Inc. ADMINISTRATIVE COSTS Personal Representative's Comrmsmons Name of Personal Representative(s) Socml Security Number(s) / EIN Number of Personal Representatwe(s) Street Address Ce/ State Z~p Year(s) Commmmon Prod Attorney's Fees IRWIN & McKNIGHT Family Exemption (If decedent's address is not the same as claimant's, attach explanation) CImmant Street Address Ce/ Relatmnsh~p of Clarmant to Decedent Probate Fees Accountant's Fees Tax Return Preparer's Fees Other Adm~nmtratwe Costs Register of Wills - fzltng fee State Zip 6,480.60 2,075.00 100.00 15.00 TOTAL (Also enter on hne 9, Recaplturaaon) $ 81670.60 (If more space m needed, mse~t addmonal sheets of the same raze) Copyright (c) 1996 form software only CPSystems Inc Form REV-~S11 EX (Rev 1-97) REV- 1513 EX + (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Gerald V. Books SS~/ 208-24-1828 NUMBER 1 SCHEDULE J BENEFICIARIES 12/26/2003 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [Intrude outright spousal distributions, and trar~fers under Sec 9116(aX1 2)] Maxlne M. Kuntz 249 Pine Grove Road Gardners, PA 17324 FILE NUMBER 21-04- RELATIONSHIP TO DECEDENT AMOUNT OR SHARE Do Not Lint Trustee(s) OF ESTATE Friend remainder ENTER DOLLAR AMTS FOR DISTRIBUTIONS SHO~',I ABOVE ON LN 15 THRU 18, AS APPROPRIATE, ON REV 1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS A SPOUSAL DISTRIBUTIONS UNDER SEC 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET ~ 0. O0 (If more space *s needed, ~nsert additional sheets of the same size) Copyng ht (c) 2000 form software only The Lackner Group, [nc Form REV-1513 lEX (Rev 9-00) Bank M.'urch 10, 2004 Law Offices lrv~n & McKmght West Pomfret Profesmonal Buflclmg 60 West Porafrct Street Carhsle, PA 17013-3222 4q9 Mitchell Street, Millsl~)ro, DE 19966 RI~: F-state of Gerald V. Books Sr. Date of Death: December 26, 2003 Social Security Number: 172-24-9883 Dear Mr. Irwin: In response to your request, please be adwsed that at thc time of death, the above- named deccdent had on deposit with tins bank the follovang accounts. Account ~tpe .... Accottr~ Number ...... Owners/up (Names oJ) . -- Savings Account 15004200903521 · Gerald V. Books Sr., M~mdne J KuntZ Opemng D~te ........... 09/03/80 Balance on Date of Death. ...... $11,111 44 Acc~ed lntem~t $ 7 28 Tofal .................. $11,11872 Sincerely, Charlene Warrington, Records Management 1-888-502-4349 ~'a S£I2~£6aOEI SID dBO:~O ~0 0I ~N 'PfENHEIME Oppenheimer & Co lnc 1015 Mumml R~ld Wormlcvsburg, PA 17043 800-722-2294 February 25, 2004 Roger B. Irwin, Esquire Irvln & McKnlght 60 W. Pomfret Street Carlisle, Pa. 17013-3222 FEB 26 2004 IRWIN & M.c~rdt_~HT RE: Estate of Gerald Books Dear Mr. Irwin: The market value for Gerald Book's IRA as of December 26, 2003 was $81,107. The designated beneficiary was Janet Maxtne Kuntz. This is the only account I am aware of. Sincerely, Marc Moonin Vice President - Investments MM: dsd COt~IMONWEALTH OF P£NNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES R~EIVED FROM PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 003711 IRWIN ROGER B ESQ 60 W POMFRET ST CARLISLE, PA 17013 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 $11,114.39 ~:,.STATE INFORMATION SSN 172-24-9883 '~LE NUMBER 2104-0279 'I~ECEDENT NAME BOOKS GERALD V D~,TE OF PAYMENT 03/23/2004 POSTMARK DATE 00/00/0000 ;OUNTY CUMBERLAND DATE OF DEATH 12/26/2003 i_REMARKS. CHECK# 020955 TOTAL AMOUNT PAID $11,114.39 INITIALS' JA RECEIVED BY' GLENDA FARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS BUREAU OF INDIVIDUAL TAXES TNHERTTANCE TAX DZVTSZON DEPT. 280601 HARRISBURG, PA 17128-0601 ROGER B IRWIN ESQ IRWIN & MCKNIGHT 60 W POMFRET ST CARLISLE COMMONHEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF ZNHER/TANCE TAX APPRAZSEHENT, ALLONANCE OR DZSALLOHANCE OF DEDUCTIONS AND ASSESSMENT OF TAX '04 ilM -7 P3:05 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 05-10-ZOOq BOOKS 12-26-2005 Z1 0q-0179 CUMBERLAND 101 Aaoun~ Raai~,,l'ad REV-ZE,~7 EX AFP (oI-nS) GERALD V MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF HILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 CUT ALONG THIS LINE ~ RETAIN LOHER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOHANCE OR DZSALLOHANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF BOOKS GERALD V FILE NO. 21 0q-0279 ACN 101 DATE 05-10-200q TAX RETURN HAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERS=. APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. ReaZ Es~a~e (Schedule A) (1) 2. S~ocks and Bonds (Schedule B) (2) $. Closely Held S~ock/Par~narshAp Zn~eres~ (Schedule C) ($) q. Mor~gages/No~as Receivable (Schedule D) 5. Cash/Bank Deposits/MAsc. Persona/ Proper~y (Schedule E) 6. Jointly Owned Proper~y (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. To,al Assa~s APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expanses/Ada. Cos~s/Misc. Expanses (Schedule H) (9) 10. Debts/Mortgage LAabili~ies/Liens (Schedule Z) (10) 11. To~al Deduc~Aons 12. Ne~ VaZue of Tax Re~urn 15. lq. Charitable/Governmental Bequests; Non-elac~ad 9115 Trusts (Schedule J) Ne~ Value of Es~a~e Subjec~ ~o Tax .00 NOTE: To Ansure proper .00 credi~ ~o your account, .00 subaA~ ~he upper por~Aon .00 of ~his fora wi~h your .00 ~ax Payment. 5/559.36 81~107.00 8,670.60 86,666 .$6 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. TAX CREDITS: PAYMENT / RECEIP1 DATE NUMBER 0:5=Z$-Z00q. CD005711 DISCOUNT INTEREST/PEN PAID 58q.97 AHOUNT PAID 11,11q.$9 TO?AL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE 11,699.$6 .00 .00 .00 ( ZF TOTAL DUE ZS LESS THAN $1, NO PAYMENT ZS REIIUTRED. ZF TOTAL DUE TS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THXS FORM FOR ZNSTRUCTTONS.) NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect flgures that lnclude the total of ALL returns assessed to date. ASSESSMENT OF TAX: ' 15. Aaoun~ of Line lq a~ Spousal ra~e (15) .00 X O0 = .00 16. Aaoun~ of Line lq ~axabla a~ LineaZ/Class A re~a (16) .00 X Oq5 = .00 17. Aaoun~ of Line lfi a* Sibling ra*a (17) .00 X 12 = .00 18. Aaoun~ of LAne lfi *axebla e~ Collateral/Class B ra*m (18) 77,995.76 X 15 = 11,699.$6 19. Principal Tax Due (19)= 11,699.36 .00 (11) 8.670-60 (12) 77,995.76 (15) .00 (lq) 77,995.76 RESERVATION: Estates of decadents dying on or before December IZ; IgBz -- if any future interest in the estate is transferred in possession or enjoyment to Class B (coIIateral) beneficiaries of the decedent after the expiration of any estate for llfe or for years; the Commonwealth hereby expressly reserves the right to appraise and assess transfer Xnharitancs Taxes at the laeful Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act; Act 25 of 2000. (7Z P.S. Section PAYHENT: Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Hake check or money order payable to: REGXSTER OF WXLLS; AGENT REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Hills, any of the Z3 Revenue District Offices; or by calling the special Z~-hour answering service for forms ordering: 1-SO0-$BZ-Z050; services for taxpayers with special hearing end / or speaking needs: 1-800-q~7-5OZO (TT only). OBJECTIONS: Any party in interest not satisfied with the appraisement; allowance; or disallowance of deductions; ar assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice bY: --written protest to the PA Department of Revenue, Board cf Appeals; Dept. ZBIOZ1, Harrisburg, PA 171ZB-IOZ1, OR --election to have the matter determined at audit of the account of the personal representative; OR --appeal to the Orphans' Court. ADNIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes; ATTN: Post Assessment Review Unit, Dept. ZB0601; Harrisburg, PA 17128-0601 Phone (717) 787-6SOS. Sea page 5 cf the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three (3) calendar months after the decadent's death, a five percent (BZ) discount of the tax paid is allowed. PENALTY: The 15Z tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning eith first day of delinquency; or nine (9) months and one (1) day from the date of death, to the data of payment. Taxes which became delinquent before January six (BZ) percent par annum calculated at a daily rate of .00016~. AIl taxes which became delinquent on and after January l, 198Z will bear interest at a rate which wil! vary free calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through Z00~ are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor .. 1982 198~ 162 .00043S 199Z 92 .000Z47 ZOOZ 62 .000164 lgB~ 11Z .000501 1993-1994 72 .00019Z ZOO3 5Z .000137 1985 1~2 .000356 1995-1996 92 .O00Z~? ZO0~ 42 .000110 1986 102 .000Z74 1999 7Z .00019Z 1987 XOZ .000Z74 ZOO0 7Z .O00XgZ --Interest is calculated as follows: XNTEREST= BALANCE OF TAX UNPAID X NURBBR OF DAYS DEL/NQUENT X DAILY XNTERBST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. Xf payment is made after the interest computation date shown on the Notice; additiona! interest must be calculated.