HomeMy WebLinkAbout10-27-08COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAxES INHERITANCE TAX
INHERITANCE TAX DIVISION
PD Bax zao6ol - RECORD ADJUSTMENT
HARRISBURG PA 17128-0601 - REV-1593 EX AFP (03-05)
_~, ~ .~ ~~ ~ „ E ~; ~,~ DATE 10-14-2008
- ESTATE OF KALUGER GEORGE
DATE OF DEATH 02-OS-2007
. FILE NUMBER 21 07-0165
,. - -.,~, r)T
!,_ ~ COUNTY CUMBERLAND
DANIEL K BAER ^! - ACN 101
ORRISTOWN FINANCIAL ADG
Amount Remitted
P D BOX 250
SHIPPENSBURG PA 17257
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 4'-
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REV-1593 EX AFP C03-05) ** INHERITANCE TAX RECORD ADJUSTMENT **
ESTATE OF KALUGER GEORGE FILE N0. 21 07-0165 ACN 101 DATE 10-14-2008
ADJUSTMENT BASED DN: BOARD OF APPEALS REFUND
VALUE OF ESTATE:
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
DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Administrative Costs/
Miscellaneous Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
tl) 225,376.99
cz) 361 , 114.82
t3) .00
C4) .00
ts) 123,889.04
t6) .00
t7) 25,813.54
ta) 736, 194.39
ty) 86,660.04
tlo) 1,766.97
cll) 88,427.01
tlz) 647,767.38
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) 4 60,686.23
14. Net Value of Estate Subject to Tax C14) 187, 081.15
TAX:
15. Amount of Line 14 at Spousal rate C15) . 00 X 00 = . 00
16. Amount of Line 14 taxable at Lineal/Class A rate C16) .00 X 045= .00
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) 187, 081 . 15 x 15 = 28, 062.17
19. Principal Tax Due (19) 28, 062.17
TAV ,`DCTTTC.
DATE NUMBER INTEREST/PEN PAID C-) AMOUNT PAID
05-07-2007 CD008122 V 1,403.11 37,601.81
03-20-2008 REFUND .00 3,217.76-
10-10-2008 REFUNDti~ .00 7,724.99-
TOTAL TAX CREDIT 28,062.17
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
* 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" (CR), YOU MAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FnR iNCTR11rTinuc ,
BOARD OF APPEALS
P 0 Box 281021 _
HARRISBURG, PA 17128-1021
Pennsylvania ~
DEPARTMENT OF REVENUE
BOARD OF APPEALS
- .. ~ ~ ~ r ~ ( i~ o ~_ ~ ~~_
DANIEL K BAER ^;~^~~~ ~ ~ ~ ~-~r
ORRSTOWN FINANCIgL ADVISORS '_'~"
PO BOX 250
SHIPPENSBURG PA 17257
IN RE ESTATE OF:
KALUGER GEORGE
DOCKET NO.
TAX TYPE:
APPEAL TYPE
FILE NUMBER:
ACN
APPRAISEMENT:
PETITION FILED:
EXAMINER:
MAILING DATE
DECISION AND ORDER
0807840
Inheritance
Refund
2107-0165
101
2/26/2008
4/30/2008
JEFFREY HOLLENBUSH
Direct Dial: (717) 783-7891
Fax: (717)787-7270
Email:jhollenbus@state.pa.us
September 25, 2008
On February 26, 2008, the Department issued an appraisement and
assessment that accepted the original inheritance tax return as filed. That
return reported that $241,291.61 of decedent's estate was taxable at the 15%
collateral rate.
Petitioner has now established the PSECU and Patriot Federal Credit Union
certificates reported as items 4 and 9 on Schedule E were included in the value
of the Orrstown Bank investment account reported on Schedule B. To correct
that duplication, items 4 and 9 totaling $99,583.37 should be stricken from
Schedule E. Petitioner has also established that the $20,884.28 Ameriprise
annuity reported as item 2 on Schedule G passed outside decedent's probate
estate directly to the Shippensburg University Foundation. Although these
adjustments will reduce the assessed tax obligation by $8,131.57, the actual
KALUGER GEORGE
BOARD DOCKET NO. 0807840
Page2of2
tax overpayment, taking into account the $406.48 reduction of the 5% early
payment discount credit, will be $7,724.99.
Accordingly, it is hereby Ordered that the request for refund is granted-
in-part. The Department is directed to delete items 4 and 9 from Schedule E.
The Department is also directed to reduce the charitable bequest exclusion to
$460,686.23 and reduce the estate taxable at the 15% rate to $187,081.15. It
is further Ordered that a refund be issued for any resulting overpayment, plus
appropriate interest.
FOR THE BOARD OF APPEALS
JOSEPH R. SLEEK, MEMBER
ANY APPEAL FROM THIS DECISION MUST BE FILED ON OR BEFORE DECEMBER
24, 2008 WITH THE BOARD OF FINANCE AND REVENUE, 1101 SOUTH FRONT
STREET, SUITE 400, HARRISBURG, PA 17104, TELEPHONE (717) 787-2974.
ANY APPLICABLE NOTICE REFLECTING ANY CHANGES TO THE ACCOUNT
PURSUANT TO THE BOARD'S DECISION AND ORDER MAY BE MAILED TO YOU
BY THE APPROPRIATE BUREAU.
A CHECK WILL BE MAILED TO YOU BY THE BUREAU OF INDIVIDUAL TAXES.
IF YOU REQUIRE THIS INFORMATION IN AN ALTERNATE FORMAT UNDER THE
PROVISIONS OF AMERICANS WITH DISABILITIES ACT OF 1990, PLEASE CALL
(717) 783-3664, OR FOR SERVICES FOR TAXPAYERS WITH SPECIAL HEARING
AND SPEAKING NEEDS: 1-800-447-3020 (TT ONLY).
Board of Appeals ~ PO Box 281021 ~ Harrisburg, PA 17128 ~ 717.783.3664 (www.revenue.state.pa.us