HomeMy WebLinkAbout11-21-08COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
BUREAU OF INDIVIDUAL TAXES AppRAISEMENT,'ALLdWANCE"dR DISALLOWANCE
INHERITANCE TAX DIVISION OF DEDUC_T30NS AND ASSESSMENT OF TAX
PO BOX 280601 - .,
HARRISBURG PA 17128-0601 -- REV-1547 EX AFP (06-05)
.'.t;;~ ~~-f~a~ ~ ~ ,7_ T '7 11-24-2008
f ,~T~~ OF PHELPS LAURA A
,~ t.~,.„ .,rv DATE OF DEATH 05-16-2007
r`°~''~'•' ~~ FILE NUMBER 21 07-0527
^ Qf~A~-~~'°,t'C~ '~~a«.~a~UNTY CUMBERLAND
DAVID PHELPS ~'~~ ~ ` ' `' ,,,.A~ 101
5102 STAPLEHURST LN APPEAL DATE: 01-23-2009
WOODSTOCK GA 30189 (See reverse side under Objections)
Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE -~ RETAIN LOWER PORTION FOR YOUR RECORDS F-
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REV-1547 EX AFP C03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF PHELPS LAURA A FILE N0. 21 07-0527 ACN 101 DATE 11-24-2008
TAX RETURN WAS: ( ) ACCEPTED AS FILED C X) CHANGED SEE ATTACHED NOTICE
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
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
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
~1) 199,900.00 NOTE: To insure proper
I2) 165,920.89 credit to your account,
.0 0 submit the upper portion
I3) of this form with your
C4) .00 tax payment.
c5) 43,071.06
c6) 1,566.77
~7) 164,617.74
cB) 575, 076.46
49,145.08
C9)
clo) 19,621.96
C11) 68.767.04
c12) 506,309.42
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J)
14. Net Value of Estate Subject to Tax
c13) .00
c14) 506,309.42
NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will
reflect figures that include the total of ALL returns assessed to date.
ASSESSMENT OF TAX:
00
00
.00
15. Amount of Line 14 at Spousal rate C15) • X =
16. Amount of Line 14 taxable at Lineal/Class A rate C16) 506,309.42 X 045 = 22,783.92
17. Amount of Line 14 at Sibling rate (17) • 00 X 12 = . 00
18. Amount of Line 14 taxable at Collateral/Class B rate (18) •0 0 X 15 = .00
(19)= 22,783.92
19. Principal Tax Due
1 MA I.RGL1 1 J
PAYMENT
DATE
RECEIPT
NUMBER
DISCOUNT C+)
INTEREST/PEN PAID (-)
AMOUNT PAID
08-14-2007 CD008540 821.21 15,603.00
09-25-2008 CD010328 .00 5,687.84
INTEREST IS CHARGED THROUGH 12-09-ZUUS
AT THE RATES APPLICABLE AS OUTLINED ON THE
REVERSE SIDE OF THIS FORM
TOTAL TAX CREDIT 22,112.05
BALANCE OF TAX DUE 671.87
INTEREST AND PEN. 280.75
TOTAL DUE 952.62
* IF PAID AFTER DATE INDICATED, SEE REVERSE ( IF TOTAL DUE IS LESS THAN S1, NO PAYMENT IS REpUIRED. 1
FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE
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REV-1470 EX (8-88)
'.;~ INHERITANCE TAX
EXPLANATION
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE OF CHANGES
BUREAU OF INDIVIDUAL TAXES
PO Box 280601
HARRISBURG PA 17128-0601
DECEDENT'S NAME FILE NUMBER
Laura A Phelps 2107-0527
REVIEWED BY ACN
Deborah Washington 101
ITEM
SCHEDULE NO, EXPLANATION OF CHANGES
A 1 The value of the real estate is increased from $172,000.00 to $ 199,900.00 as the result
of settlement.
G The IRA is fully taxable in this estate.
H Accepted additional and all changes to this schedule.
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