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Home My WebLink About01-23-09PENNSYLVANIA INHERITANCE TAX INFORMATION NOTICE BUREAU OF INDIVIDUAL TAXES _AND FILE ND. 21 ~~ ~C7 PO BDX 28D601 ~'~ , i .y. '~,,l,.,~ HARRISBURG PA 17128-06D1 - 1 A'JI~C"A~~'R_j'~ESPONSE ACN 09104451 REV-1543 E% AFP (OB-OB) "I~"'{ ~-- i '~: ,'~~,~` .-~ DATE 01 - 19 - 20 09 2~~9.1A~ 23 P~ ~~es~1 OF MERLE R SHARPE SSN 160-12-5681 ~~ ~~~{ rc DATE OF DEATH 11-29-2008 ~'~p` ~~` ', '~~~,'g~OUNTY CUMBERLAND ~~~ ' '~..~ '~ FAIT PAYMENT AND FORMS T0: LAURAY A KOENIG REGISTER OF WILLS 7580 MOWERSVILLE RD CUMBERLAND CO COURT HOUSE NEWBURG PA 17240 CARLISLE, PA 17013 TYPE OF ACCOUNT SAVINGS ® CHECKING TRUST CERTIF. AMERISERV FINANCIAL 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 Pennsylvania. Please call (717) 787-B327 with questions. COMPLETE PART 1 BELOW * SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS Account No. 50771841 Date 07-21-2006 To ensure proper credit to the account, two Established copies of this notice must accompany Account Balance $ 6,667.75 payment to the Register of Wills. Make check Percent Taxable X 16.667 payable to "Register of Wills, Agent". Amount Subject to Tax $ 1, 111 .31 NOTE: If tax payments are made within three months of the decedent's date of death, Tax Rate X .045 deduct a 5 percent discount on the tax due. Potential TeX DUe $ 50. O1 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 ASSESSMENT A. ^ The above information and tax due is correct. Remit payment to the Register of Wills with two copies of this notice to obtain C CHECK a discount or avoid interest, or check box "A" and return this notice to the Register of 0 N E ~ Wills and an official assessment will be issued by the PA Department of Revenue. BLOC 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. PART If indicating a different relationship to decedent: TAX RETURN - COMPUTATION OF L'iNt 1 ll - tax rate, please state TAX ON JOINT/TRUST ACCOUNTS ate Established 1 2. Account Balance 2 $ 3. Percent Taxable 3 X 4. Amount Subject to Tax 4 $ 5. Debts and Deductions 5 - 6. Amount Taxable 6 $ 7. Tax Rate 7 X 8. Tax Due B $ PAD 1 2 3 4 5 6 7 8 OFFICIAL USE ONLY ~ AAF PA DEPARTMENT OF REVENUE '""' 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 C 11 ) Z, ' -- ~ ~,. n L~ ~~ WORK C ) q TAXPAYER SIGN RE TELEPHONE NUMBER - - DATE C. The above infarma ion is incorrect and/or debts and deductions were paid. omplete PART 2~ and/or PART 3^ below. 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 joint 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 joint names within one year prior to death are fully taxable. 5. Accounts established jointly between husband and wife more than one year 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. BLDCK 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 I of the "Taxpayer Response" section. Sign one copy and return to the register of wills 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 dea NOTE: For a decedent who died afterl2/12/82, accounts the decedent put in joint names within one near of death are fully taxable. However, there is an exclusion not to exceed S3,000 per transferee, regardless of the value of the account or the number of accounts held. If a double asterisk (~~) appears before your first name in the address portion of this notice, the 53,000 exclusion was deducted from the account balance as reported by the financial institution. 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 joint assets established more than one year Prior to the decedent's death: 1 DIVIDED BY TOTAL NUMBER OF DIVIDED BY SURYIYINGBJOINT OWNERS MULTIPLIED BY 100 = PERCENT TAXABLE JOINT OWNERS Example: A joint 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 TOTAL NUMBER OF SURVIVING JDINT MULTIPLIED BV 100 = PERCENT TAXABLE OWNERS OR TRUST BENEFICIARIES 4 5 6 7 t The tax rate imposed on the net value of transfers from a deceased c 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 whether or not they have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of the natural parents and their descendents, whether or not they have been adopted by others; adopted descendents and their descendants; 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 beneficiaries. CLAIMED DEDUCTIONS - PART 3 - DEBTS AND DEDUCTIONS CLAIMED Allowable debts and deductions are determined as follows: A. You are legally responsible for payment, or the estate subject 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 payment. 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 YOU NEED FURTHER INFORMATION OR ASSISTANCE, CONTACT ANY REGISTER DF 4lILLS, PA DEPARTMENT OF REVENUE DISTRICT OFFICE OR THE BUREAU OF INDIVIDUAL TAXES, AT 0717) 787-8327. SERVICES FOR TAXPAYERS WITH SPECIAE HEARING AND/DR SPEAKING NEEDS ONLY: 1-8~~-447-3020. 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) The amount subject to tax (Line 4) is determined by multiplying the account balance (Line 2) by the percent taxable (Line 3). Enter the total of the debts and deductions listed in Part 3. The amount taxable (Line 6) is determined by subtracting the debts and deductions (Line 5) from the amount subject to tax (Line 4). Enter the appropriate tax rate (Line 7) as determined below. Date of Death Spouse Lineal Sibling Collateral 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 07/01/00 to present 0 percent 4.5 percent ~ 12 percent hild 21 Years 15 percent of age or younger a ., ~. `` I 1 ~ ..,.... ~ / -r'~':i.. 51~ WILLIAM KISIEL FUNERAL HOME 1015 GRAHAM AVENUE WINDBER, PA 15963-1~9 JAI 23 Ph! 12~ 37 (814) 467-7500 Lois Sharpe 1262 Frances St. Johnstown, PA 15904 Funeral of Merle Sharpe CLERK ~r ARP'-Er=,~F~ 01Jf~T Cl'~ r - ~,~~, PA r, November 29, 2008 Services Selected $ 3,665.00 Casket Selected 1,595.00 Grave Opening 600.00 Wilbert Crypt 495.00 Vault Service Fee 250.00 Tent Setting 120.00 Newspaper Obituary 130.00 Clergy 75.00 Organist 50.00 8 Certified copies of Death Certificate ($6.00 Each) 48.00 Register Book, Prayer Cards, & Thank You Cards 50.00 Headstone Lettering NO CHARGE Veterans Donation 25.00 7,103.00 Visitation Allowance -200.00 Total Due $6,903.00 Payment December18, 2008 (Ameriserve) -501 46 t3v~GA~(- ~~~~"~~ . Balance 6,401.54 Payment January 17, 2009 6,401.54 Balance Due - 0 -