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HomeMy WebLinkAbout03-24-09 (4)t+ t! M' (t) -~" ~~ ~~ 1\~ ~,J ~~ V H `\~ ^ ^~ ~\ !~~~ Tom' \~ \)~ `^\V \ f\,\,1 'V O ~- 3 R` v 5, c v - " n •b z.. ywg _~~ J 6 ry ~_ h r N 1 J N w° -s fi' yr,,;: T:' J (,4 'yi i W~ tfi `P; ~; . ~ p:. COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG. PA 1J128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 011032 SAVIDGE GEORGE 101 N 36TH STREET CAMP HILL, PA 17011 sole ESTATE INFORMATION: sSN: tai-72-sss5 FILE NUMBER: 2109-0282 DECEDENT NAME: SAVIDGE MARGARET M DATE OF PAYMENT: 03/24/2009 POSTMARK DATE: 03/23/2009 COUNTY: CUMBERLAND DATE OF DEATH: 01 / 10/ 2009 REMARKS: GEORGE SAVIDGE CHECK#640 SEAL ACN ASSESSMENT AMOUNT CONTROL NUMBER 09108148 ~ 593.90 TOTAL AMOUNT PAID: INITIALS: WZ HEV~1162 EX11 L96~ 593.90 NDA EARNER STRASBAUGH RECEIVED BY REGISTER OF WILLS REGISTER OF WILLS PENNSYLVANIA INHERITANCE TAX INFORMATION NOTICE a~~ ~//',--~~c, BDREAU OF INDIVIDDAL TAxES ~ AND FILE NO. 21 - ' (..d q~ PG eox zegsBl TAXPAYER RESPONSE ACN 09108148 HARRIg BURG PA 17128-8601 DATE 02-12-2009 REV -]54] E% RFP (09-O R) ~n nn O~FI"u'a ~r 1J vv~'rl GEORGE SAVIDGE 101 NORTH 36TH STREET CAMP HLLL PA 17011 EST. OF MARGARET M SAVIDGE SSN 141-12-6695 DATE OF DEATH 01-10-2009 COUNTY CUMBERLAND REMIT PAYMENT AND FORMS T0: REGISTER OF WILLS CUMBERLAND CD COURT HOUSE CARLISLE, PA 17013 TYPE OF ACCOUNT SAVINGS ® CHECKING TRUST CERTIF. MEMBERS 1ST FCU pravitletl the Department with the information below, which has been usetl in calculating the potenkial tax tlue. Records intli cats that at the death pf the above-named tlecedent, You were a ioink owner/beneficiary of this accounk. If you feel the information is incorrect, please obtain written correction fron the financial institution, attach a copy tb this fore antl return it to the above address. This account is taxable in accortlan ca with the Inheritance Tax laws of the Conmonwe alkh of Pennsvlvania. Please call OlT) 78]-8327 wish m,e stions. COMPLETE PART 1 BELOW ^ SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS Account No. 182503-11 Account Balance Percent Taxable Amount Subject Yo Tax Rate Potential Tax Oue PART Data 04-09-2004 Establishetl $ 4,392.76 X 50.000 S 2,196.38 84 To ensure proper credik to the account, kwo copies of this notice nu st accompany Daum ent ko the Resister of Wills. Make check payable to "Resister of Wills, Apent". NOTE: If tax pays cots era matle wikhin three monkhs of the dacatlent's tlate of death, tletlu ct a 5 percent discount on the tax tlue. AnY Inheritance Tax due will become delinquent nine nonths attar the tlate of death. A. jt'~The above information and tax tlue is correct. i/ ~ ~ Remik paYnent ko the Resister of Wills with kwa copies of this notice to obtain r CHECK a discount or avmitl int avast, or check box "A" and return this nmti ce to the Regisker of I ONE ~ Wills antl an official assessment will be issuetl by the PA Oeoartment of Revenue. L BLOCK B. ~ The above asset has been or will be reported and tax paitl with the Pennsylvania Inherikan ce Tax return ONL Y to be tiled by the estate representative. C. ~ The above inf orna ion is incorrect antl/mr debts antl tlatlucti ons ware paitl. C onplete PART z~ and/or PART 3^ below. pgRT If intlieaYing a different tax rate, please state (~ p~ a r 2 relationship to decedent: "7 ty~ (~ §t ~ i~: ~ '~ e ( ~~ ~ ~~~~ TAX RETURN - COMPUTATION OF TAX ON JOINT/TRUST ACCOUNTS ~ r A ei Jit i ~Y a ) ) ~ ~ ~ i, '~u ~ ~ LINE 1. Date Established 1 [ "r:~~, VI S 2. Account Balanea 2 $ f~ ( 3. Percent Taxable 3 X 4. Amount Subject to Tax 4 $ ~ 5. Oabts and Deductions 5 e~. 6. Amount Taxable 6 S S 7. Tax Rate 7 X e. Tax Oue g ~`_ (~ ¢ a. Under penalties of perjury, I declare that the facts I have reported above are true, correct and p l~/ete to t a `~y com ~ be s t my k l i ~f 7o f Jn owl~d an~d b~ ~ /y~ gJ. ~ HOME C "7/~ !~- ~ ~~7 ~7/~ ~ ,, CXU+!' r~ 7f ~ ~ ~ ~ / ~ / ~ / ~ (J ~ u/~TW%/"/ '~?+e1~~/~L~ci4o ~ I d WORK (~/7 ) _~S~/-.~ic~~/L~ ~~-J/y'7~ ~~vuT PART DEBTS AND DEDUCTIONS CLAIMED 3^ DATE PAID PAYEE DESCRIPTION AMOUNT PAID GENERAL INFORMATION 1. FAILURE TD RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based pn inf ormakion submitted by the financial instil ution. 2. Inheritance Tax becomes tlelinmuent nine months after the decedent's date of death. 3. A ioint account is taxable even when Yha decedent's name vas added as a matter of convenience. 4. Accounts (i nclutling those held between husband and wife) the decedent out in ioink names within one year prior to death are fully tazabl e. 5. Accounts established jointly bete een husband and wife more than one year prior to death are not taxable. 6. Accounts held by a decedent "in trust tor" another or others are fully taxable. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. BLOCK A - If the information and cam potation in the notice are cprrecY and tletluctians are not being claimed, place an "X" in Block A of Park 1 of the "Taxpayer Response" section. Sign two conies 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 assessm enk (Form REV-1548 EX) upon receipt of the return from the register of wills. 2. BLOCK B - If the asset specif ietl on this notice has been or will be repo rked and tax paid with the Pennsv lvania Inheritance Tax Return filed by the estake's representative, place an "X" in Block B of Part 1 of the "T ax paw er Response" section. Sign one copy and return to the register of wills of Yha caunkv indicated. 3. BLOCK C - If the notice information is incorrect and/or detlu ctions are being claim edr check Block C and complete Parts Z and 3 according to the instructions below. Sign Yvo copies and submit them with your check for khe an punt of tax payable to the register of wills of the county indicated. Tho PA Oeparim ant of Revenue will issue an official assessment (Form REV-1548 EX) upon receipt of the return from khe register of wills. TAX RETURN - PART 2 - TAX COMPUTATION LINE 1. Enter She date the account originally was establ ishetl or titled in khe manner existing ak date of tleakh. NOTE: For a decedent who died after 12/12/02, accounts the decedent put in joint names within one wear of death are fully taxable. However, there is an exclusion not to exceed 53,000 per transferee, regardless of the value of the account or the number of accounts hel tl. If a double asterisk U U apnea rs before your Hrst nave in the atltl ress porkion 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 TOTAL NUMBER OF MULTIPLIED BY 300 = PERCENT TAXA OLE JOINT OWNERS SURVIVING JOINT UWN ERS Example: A joint asset registered in the name of khe decedent and Yvo other persons: 1 DIVIDED BY 3 (JOINT DWN ERS) DIVIDED BV 2 (SURVIVORS) _ .l6] X 100 = 16.] percent (TAXABLE TD EACH SURVIVOR) B. The percentage taxable far assets created within one year of the decedent's death or accounts owned by the decedenk but held in krust for another individual (sl (trust beneficiaries): 1 DIVIDED BV TOTAL NUMBER OF SURVIVING JOINT MULTIPLIED BY 100 = PERCENT TAXABLE DWN ERS OR TRUST BENEFICIARIES Example: Joint account resist ered in the name of She decedent and two other persons and est ablishetl within one year of death by She decedent. 3 DIVIDED BY 2 (SURVIVORS) _ .50 X 100 = 50 percent (TAXABLE FOR EACH SURVIVOR) 4. The amount subject to tax Cline 4) is determined by multiplying the account balance (Line D by the percent taxable (Line 3). 5. Enter khe total of the debts and deductions listed in Part 3. 6. The amount Taxable (Line 6) is tlet ermi ned by subtracting the debts and deductions (Line 5) from the amount subieck to tax (Line 4). ]. Enter the appropriate tax rata (Line ]) as determined below. Date of Death Spouse Lineal Sibling Collateral 07/01/94 to 12/31/94 3 percenk 6 pa rc ent 15 percent IS percent 01/01/95 to 06/30/00 0 percenk 6 percent 15 pert enk 15 percent 07/01/00 to present 0 pa rc ent 4.5 percent ~ 12 percent 15 percent •The tax rake imposed on the net value of tran sf ors from a deceased child 21 years of age or younger at death to or for the use pf a natural parent, an adoptive parent ar a stepParenY of the child is 0 percenk. The lineal class Of heirs includes erantloa rents, Parents, children and Other lineal tle scentlent s. "Children" includes natural children whether or not Yhev have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of Me natural parents and their descendents, whether or not they have been adopted by others; adopted descendents and their descendants; and sk ep-descendants. "Sibling s'• are defined as intlivi duals who have at least one parent in comnon with the decadent, 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 tletluctians era tlet ermined as fellow s: A. You are le golly responsible for payment, or the eskate subject to atlminist ration by a personal representative is insufficient ko pay khe tletlucti ble iten s. B. Vou actually paid the debts after the death of the decedent and c n furnish proof of pavnent. C. Debts being claimed must be item iz etl fully in Part 3. If additional space is ne etletl, use B 1/2" x 11" sheet of paper. Proof of pavm ent may ba reouest ed by the PA Oepartm ent of Revenue.