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Home My WebLink About12-19-08PENNSYLVANIA INHERITANCE TAX NATIONAL CITY BK OF PA provided the Department with the information below, which has been used in calculating the potential tax due. Records indicate that at the death of the above-named decedent, You were a joint owner/beneficiary of this account. If you feel the 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 Pernsylvania. Pleaso call ;717) ZB7-8327 with q!eestions. COMPLETE PART 1 BELOW * SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS Account No. 3168010 Date 05-02-1996 To ensure proper credit to the account, two Established copies of this notice must accompany Account Balance $ 1,926.75 payment to the Register of Wills. Make check payable to "Register of Wills, Agent". Percent Taxable X 16.667 Amount Subject to TaX yQ 321.13 NOTE: If tax payments are made within three months of the decedent's date of death, Tax Rate ~( ~ 15 deduct a 5 percent discount on the tax due. Potential Tax Due $ 48.17 Any Inheritance Tax due will become delinquent nine months after the date of death. PART TAXPAYER RESPONSE 1 FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX AS5E55MENT INFORMATION NOTICE BUREAU OF INDIVIDUAL TAXES AND FILE N0. 21 JF~ ~~~~ PO BOX 280601 r•,,- HARRISBURG PA 171zs-0601 r;i~XPAYER RESPONSE ACN 08161341 ir DATE p REV-1543 E% AFP (08-09) ~l-'.„{;, 12 -15 - 2 U U $ p TYPE OF ACCOUNT ZOC~~~`C i9EST'.~~O~MELVIN GALBRAITH SAVINGS SSN 205-12-4599 ® CHECKING Ci 'A~iTE OF DEATH o8-09-2008 ~ TRUST ORPH CQU~J~~t CUMBERLAND ~ CERTIF. r~Ir,rcit'~ REMIT P~MENT AND FORMS T0: MARTHA C GALBRAITH REGISTER OF WILLS 124 WINSTON DR CUMBERLAND CO COURT HOUSE MECHANICSBURG PA 17055-3530 CARLISLE, PA 17013 A. ^ The above information and tax due is correct. Remit payment to the Register of Wills with two copies of this notice to obtain CHECK a discount or avoid interest, or check box "A" and return this notice to the Register of C 0 N E ~ Wills and an official assessment will be issued by the PA Department of Revenue. B L 0 C K B. ~ The above asset has been or will be reported and tax paid with the Pennsylvania Inheritance Tax return 0 N L Y to be filed by the estate representative. C. ~ The above informs ion is incorrect and/or debts and deductions were paid. Complete PART 2~ and/or PART 3^ below. 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 8. Tax Due rNKi •~ uwicau ng a different tax rate, please state relationship to decedent: OF TAX ON JOINT/TRUST ACCOUNTS i 2 3 X 4 +~ 5 6 7 X 8 $ PAD 1 2 3 4 5 6 7 8 OFFICIAL U5E ONLY Q AAF PA DEPARTMENT OF REVENUE PART DEBTS AND DEDUCTIONS CLAIMED 0 DATE PAID PAYEE DESCRIPTION AMOUNT PAID TOTAL CEnter on Line 5 of Tax Computation) g Under penalties of perjury, I declare that the facts I have reported above are true, correct and complete to the best of my,knowledge and belief. ~ ,' ~, HOME ( ) WORK (~-.- 2 01 /G G iia!<rAYth; SIGNATURE TELEPHONE NUMBER A 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 ioint account is taxable even when the decedent's name was added as a matter of convenience. 4. Accounts (including those held between husband and wife) the decedent put in point names within one year prior to death are fully taxable. ~5~ Accounts established iointly between husband and wife more than one near prior to death are not taxable. 6. Accounts held by a decedent "in trust for" another or others are fully taxable. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. 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 a 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. 2. 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 estate's representative, place an "X" in Block B of Part 1 of the "Taxpayer Response" section. Sign one copy and return to the register of~wiils of the county indicated. 3. BLOCK 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 deat . NOTE: fully taxablet wHowever,athere2is12an8exclusiontnothto ex eed S3 OOOnper transfereethregardless offtheavalueeof the account or the number of accounts held. wasadeductedafromlthe(accountebalanceoas reportedsby nthe financialdinstitutionn of this notice, the S3.000 exclusion 2. Enter the total balance of the account including interest accrued to the date of death. 3. The percentage of the account that is taxable to each survivor is determined as follows: A. The percentage taxable of point assets established more than one year prior to the decedent's death: 1 DIVIDED BY TOTAL NUMBER OF DIVIDED BY SURVIYINGBJOINT OWNERS MULTIPLIED BY 100 = PERCENT TAXABLE JOINT OWNERS Example: A point 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 percent (TAXABLE TO EACH SURVIVOR) B. The percentage 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 ~1NERSNORBTRUST BENEFICIARIESNT MULTIPLIED BY 100 = PERCENT TAXABLE 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 percent (TAXABLE FOR EACH SURVIVOR) 4. The amount subject to tax (Line 4) is determined by multiplying the account balance (Line 2) by the percent taxable (Line 3). 5. Enter the total of the debts and deductions listed in Part 3. 6. The amount taxable (Line 6) is determined by subtracting the debts and deductions (Line 5) from the amount subiect to tax (Line . 7. Enter the appropriate tax rate (Line 7) as determined below. Sibling Collateral Date of Death Spouse Lineal 07/01/94 to 12/31/94 3 percent 6 percent 15 percent 15 percent 01/01/95 to 06/30/00 0 percent 6 percent 15 percent 15 percent 15 percent 07/01/00 to present 0 percent 4.5 percent ~ 12 percent xThe tax rate imposed on the net value of transfers from a deceased child 21 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 percent. The lineal class of heirs includes grandparents, parents, children and other lineal descendents. "Children" includes natural children natural parentstand theirbdescendents,bwhethersoranotttheyhhaveebeendadoptedhbvdothersLladoptedsdescendentsnanddtheirldescendantsf the 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 beneficiaDEBTS AND DEDUCTIONS CLAIMED CLAIMED DEDUCTIONS - PART 3 - Allowable debts and deductions are determined as follows: A. You are legally responsible for payment, or the estate sub]ect to administration by a personal representative is insufficient to pay the deductible items. B. You actually paid the debts after the death of the decedent and can furnish proof of pavmen . C. Debts being claimed must be itemized fully in Part 3. If additional space is needed, use 8 1/2" x 11" sheet of paper. Proof of payment may be requested by the PA Department of Revenue. TAXPAYER ASSISTANCE IF YDU NEED FURTHER INFORMATION OR ASSISTANCE, CONTACT ANY REGISTER OF WILLS, PA DEPARTMENT OF REVENUE DISTRICT OFFICE OR THE BUREAU OF INDIVIDUAL TAXES, AT 0717) 787_~3Z7, SERVICES FOR TAXPAYERS WITH SPECIAL NEARING AND/OR 5PEAKING NEEDS ONLY: 1-800-447-3020.