HomeMy WebLinkAbout08-04-08COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES •' INHERITANCE TAX } I~'
INHERITANCE TAX DIVISION
Po Box 2eocol ,_, RECORD ADJUSTMENT
HARRISBURG PA 17128-0601 REV-1593 EX AEP (03-05)
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°1 DATE 07-29-2008
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} ESTA TE OF HURST DONALD G
DATE OF DEATH 07-16-2007
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21 07-0718
NUMBER
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COUNTY CUMBERLAND
RICHARD ;
W STEWART v~~,,~~.~r. ~~ ` '`' ~ ~~• ~~" ACN 101
JOHNSON ETAL Amount Remitted
PO BOX 109
LEMOYNE PA 17043-0109
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment.
CUT ALONG THIS LINE --~ RETAIN LOWER PORTION FOR YOUR RECORDS !-
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REV-1593 EX AFP C03-05) ** INHERITANCE TAX RECORD ADJUSTMENT **
ESTATE OF HURST DONALD G FILE N0. 21 07-0718 ACN 101 DATE 07-29-2008
ADJUSTMENT BASED oN: ADMINISTRATIVE CORRECTION
VALUE OF ESTATE:
1. Real Estate (Schedule A) C1) .00
2. Stocks and Bonds (Schedule B) (2] 172,805.03
3. Closely Held Stock/Partnership Interest (Schedule C) C3) $6,0 00.00
4. Mortgages/Notes Receivable (Schedule D) (4) .00
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 14 5,4 68.0 3
6. Jointly Owned Property (Schedule F) (6) .00
7. Transfers (Schedule G) C7) 161,051.10
8. Total Assets (8) 565, 324.16
DEDUCT IONS AND EXEMPTIONS:
9. Funeral Expenses/Administrative Costs/
Miscellaneous Expenses (Schedule H) (9) 35, 130.01
10. Debts/Mortgage Liabilities/Liens (Schedule I) C10) 1,644.45
11. Total Deductions (11) 36,774.46
12. Net Value of Tax Return (12) 528,549.70
13. Charitable/Governmental Bequests; Non-elected 9113 Trus ts (S chedule J) (13) .00
14. Net Value of Estate Subject to Tax C14) 528,549.70
TAX:
15. Amount of Line 14 at Spousal rate (15) 450,747.45X 00 = .00
16. Amount of Line 14 taxable at Lineal/Class A rate C16) 77,802.25X 045= 3,501.10
17. Amount of Line 14 at Sibling rate (17) . 00 X 12 = . 00
18. Amount of Line 14 taxable at Collateral/Class B rate C18) .00 X 15 = .00
19. Principal Tax Due (19) 3,501.10
rex cR Fnrrs~
DATE NUMBER INTEREST/PEN PAID C-) AMOUNT PAID
10-16-2007 CD008824 175.06 10,000.00
06-20-2008 REFUND .00 839.75-
TOTAL TAX CREDIT 9,335.31
BALANCE OF TAX DUE 5,834.21CR
INTEREST AND PEN. .00
TOTAL DUE 5,834.21CR
~ IF PAID AFTER DATE INDICATED, SEE REVERSE C IF TOTAL DUE IS LESS THAN S1, NO PAYMENT IS REQUIRED.
FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR), YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
PAYMENT: Detach the top portion of this Notice and submit with your payment made payable to the name and address
printed on the reverse side.
If payment if for a RESIDENT DECEDENT, make check or money order payable to:
Register of Wills, Agent.
If payment if for a NON-RESIDENT DECEDENT, make check or money order payable to:
Commonwealth of Pennsylvania.
Failure to pay the tax, interest, and penalty due may result in the filing of a lien of record in the
appropriate county, or the issuance of an Orphan's Court citation.
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
online at www.reyenue.state.pa.us, any Register of Wills or Revenue District Office, or from the Department's
24-hour answering service for forms orders: 1-800-362-2050; services for taxpayers with special hearing and/or
speaking needs: 1-800-447-3020 (TT only).
REPLY
TO: puestions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau
of Individual Taxes, ATTN: Post Assessment Review Unit, P.O. Box 280601, Harrisburg, PA 17128-0681, Phone
C717) 787-6505.
DISCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (5%) discount
of the tax paid is allowed.
PENALTY: The 15% 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.
INTEREST: Interest is charged beginning with first day of delinquency or nine (9) months and one C1) day from the date of
death to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of
six t6%) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after
January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate
announced by the PA Department of Revenue. Rates far years 1982 through 1999 can be found in the Pennsylvania
Resident Instruction Booklet, (REV-1501), the Pennsylvania Non-resident Instruction Booklet (REV-1736) or on the
Pennsylvania Dept. of Revenue web site www.revenue.state.pa.us. The applicable interest rates for 2000 through 2008 are:
Interest Daily Interest Daily Interest Daily
Year Rate Factor Year Rate Factor Year Rate Factor
2000 Si .000219 2001 4% .000247 2002 6% .000164
2003 5% .000137 2004 4% .000110 2005 5% .000137
2006 7% .000192 2007 8% .000219 2008 7% .000192
-Interest is calculated as follows:
INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTO
--Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen t15) days
beyond the date of the assessment. If payment is made after the interest computation date shown on the
Notice, additional interest must be calculated.
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R'CJ-1470 EX (6-8P1
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COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
PO Box 280601
DECEDENT'S NAME
Donald A Hurst
REVIEWED BY
Scott Ellison
FILE NUMBER
AC
2107-0718
101
ITEM
SCHEDULE Np, EXPLANATION OF CHANGES
The Edward Jones I R A has been taxed at the zero rate as the beneficiary was the wife of
the deceased. A refund will be forthcoming.
INHERITANCE TAX
EXPLANATION
OF CHANGES
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