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Home My WebLink About04-06-09 I~ TYPE OF ACCOUNT EST. OF KENNETH D HITE ^ savlNCs SSN 214-28-6934 ® cNE CICiNc DATE OF DEATN 11-23-2008 ~ TRUST COUNTY CUMBERLAND A' Q CERTIF. 3 REMIT PAYMENT AND FORMS TD: ~ T D WOLFORD 351 RITE HOLLOW RD REGISTER OF WILLS n, ,+,'~5 ~ HVNDMAN PA CUMBERLAND CO COURT HOU Z1 ~ " ~ 15545 ~i {r' `~' _ ~ 9 CARLISLE, PA 17013 ~ nr` I 7 - Of ~? ~ rt AA ~~` ~i ~ 3 STANDARD BANK potenti l t d 't~ ...~. _ provided tM Depa rtwant with the intonation below, which has been ua7 in ealeula~ thd" '~ ~ a ax ue. Records intlieete tha If you feel the infon etion is incor 4 a _ 4 at the death of the above-pawed decatlent, you ware a joint owner/beneficiary of t~aeeauh~T::. .7 L ran , p ese obtain written ca erection frog the finan ciel institukion, attach acapv to~lis ton antl return 14 to the above address. This account is losable in accordance with khe Inhe it T r ence ax laws of the Cogom,aalth. of Pennsylvania. P1•^[• call [717) 787-8827 wlth auestians. _. _ COMPLETE F#RT 1 BELOW ^ ._m . SEE REVERSE SIDE FOR FILING AND PAYMENT INSTRUCTIONS PENNSYLVANIA INHERITANCE TAX INFORMATION NOTICE /\q BUREAU OF INDIVIDUAL TAXES AND FILE N0. 21 ~-U I- 3 PD BDX 288681 TAXPAYER RESPONSE ACN IWRRISBURG PA 17128-8681 09118423 uv-:sce mt err yea-oa: DATE 0 3 - 26 - 20 0 9 account No. 350009 Date 06-08-1990 To ensure proper credit ko the account, two Established eppies of Lhis notice gust aecowpara, Account Balance S 15,877 .13 pavwant to the Rapistar of Wills. Make chock Percent Taxable payable to "Register of Wills, Aaent". X 50 .000 Amount Suhiect to Tax $ 7, 938 .57 NOTE: If tw: paywenis sre ride within three Tax Rate eonths of the tleeedent's data of death, X . 1 5 tleduet e 5 percent discount on the tax due. Potential Tax Due ~ 1,190 .79 Anv Inheritance Tax due will beeowe tlalSnwuent nine eonths after the tlake of death. A. ~ Tha above inforsation and tax due is correct. Rawit paywent to the Rapistar of Wills with two conies of this notice to obtain r CHECK ~7 a discount or avoid interest. or chock box '•A•' and return this notice to the Rapistar of I ONE I Nills end an official essesasant will be issued by the PA Departaent of Revenue. L BLOCK J B. ~ Tha above asset has bean or will be reported and kax paid with the Pennsylvania Inheritance Tax return ONL Y to be filed by One estate rapresentakive. C. ~, Tha above info a eon is into rreet and/or debts and detluetibns ware paid. Cowplete PART ~ and/or PART 3^ below. PART If Sntll eating a different tax rate, please state relationship to decadent: TAX RETURN - COMPUTATION OF TAX ON JOINT/TRUST ACCOUNTS LINE 1. Date Established 1 2. Account Balance 2 3. Percent Taxable 3 X 4. Amount Subiect to Tax 4 5. Debts antl Da tluetlons 5 6. Amount Taxable 6 ~ 7. Tax Rata 7 X e. Tax Dua B $ n • v.,,.....s er pe r~ury, 1 maela re that tho facts I have reported aoobove ar• true, correct and ~~eompl to t/he b~.,oant 'o f' y knowletlge and heli ef. HOME C p~y ) ~~p~ / r ~!Q_ I~i~LY~_YY~ WDRK ( J-'I ) 107~~ TA'XPAVFR cTrue riip 3cid~a y 1 f'pl' PART DEBTS AND DEDUCTIONS CLAINED DATE PAID PAYEE nFCrRrprrnu -.._...._ ____ GENERAL INFORMATION 1. FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based an inforeation subeittatl by the financial institution. 2. Inherl4ence Tax becoe es tlelinqu enk nine soothe after the deceden4's tlate of tleath. ;, A joint account is taxable even when the decedent's name was eddetl as a eatkar of convenience. 4. Accounts (including those heltl betty ten husband and wife) the decedent out in jaini naves within one Year prior to death are fully taxable. 5. Accounts established jointly between husband antl wife sore than one vaar prior to tleath are not kax able. 6. Accounts held by a Oecetlent "in trust for'• another or others are fully taxable. REPORTING INSTRUCTIONS - PART 1 - TAXPAYER RESPONSE 1. BLOCK A - If 4he inforeation end conga tation in the notice era correct and detluctions era not being claisetl, place an 'x" in Black A of Partl of the "Taxpayer Response" section. Sign two copies and subnit thee with a cheek far the aaount of tax to the resistor of wills of 4he county intlicatetl. The PA Oevarteent of Revenue will issue an official assesseent CFa re REV •1548 EX) upon receipt of khe return from the resister of wills. 2. BLOCK B - If the asset specified on this notice has been or will be redo rted and tax paid with the Pennsylvania Inheritance Tax Return filatl by the estate's represenkative. place an 'x" in Block B of Park 1 of the •'Tax paver Response" section. Sign one copy antl return ko the register of wills of khe county indicated. 3. BLOCK C - It 4he notice intonation is incorrect antl/or detluctions are being claie ed, check Block C antl coavlete Parts 2 and 3 accord ins to the instructions below. Sian two copies and subeit them with Your check for the aaount of tax payable to the register of wills of the county indicated. The PA Oepartnent of Revenue will issue an official assesseent CFa re REV-1548 EX) upon receipt of the return free khe register of wills. TAX RETURN - PART 2 - TAX COMPUTATION LINE 1. Enter the data the account originally vas established or titled in the Banner ox istinp at date of death. NOTE: Far a decedent who tlied after 12/12/82, accounts the deceden4 put in joint naves within one Year of death are fully taxable. However. there is en exclusion not to exceed 03,000 per 4ransf area, regardless of the value of Oho account or the nusb er of accounts hold. wasatladucted of roe zthe [account eb elan ee pas repo rtatl sbY nthe financial dinst itution~ of this notice, the 03.000 exclusion 2. Enter Oho 4ota1 balance of the account-ineludins interest accrued to the date of tleath. 3. The percentage of the account that is taxable to each survivor is tleterninetl as follows: A. Tha pe rcentaee taxable of joint assets established ao re than one vaar prior to the decetlent's death: 1 DIVIDED BY TOTAL NUMBER OF OIV IOEO BV SURVIVINGB JOINT OWNERS MULTIPLIED BY 100 = PERCENT TAXABLE JOINT WNERS Exaeple: A ioint asset repisteretl in the name of the deceden4 and two other persons: 1 DIVI DEO BY 3 [JOINT OWNERS) DIVIDED BY 2 [SURVIVORS) _ .167 X 100 ~ 16.7 Da rcant (TA7GBLE TO FACX SURVIVOR] B. The percentage taxable for assets created within one vaar of the decedent's tleath or accounts owned by the decedent but heltl in trust for another individual(s) (trust banal ieiarie s): 1 OIV IOED BV WNERSNOR TRUBT BENEFICIARIESNT MULTIPLIED BY 100 = PERCENT TAXABLE Exaeple~ Joint account registered in the name of the deceden4 and two other persons and established within one Year of tleath by the decedent. 1 DIVI DEO BY 2 (SURVIVORS) _ .50 X 100 = 50 percent (TAXABLE FOR EACH SURVIVOR) 4. Tha aaount subiect to 4ax (Line 4] is data n fined by eultiply inp the account balance (Line 2) by the percent taxable (Line 3). 5. Enter the total of the debts end detluctions listed in Part 3. 6. The aaount towable [Line 6) is detarained by subtracting the debts and daducti ens (Line 5) from the asounk subiect to tax (Line 4]. 7. Enter the apProp riate tax rate (Line 7) as tlebninetl below. t s • tax rake zeDOSad on he ne va ue of trans death to or for the use of a natural paren4, an adoptive parent or a stepparent of the chzld zs 0 parasol. Tha lineal e;ass of hairs 4ncludes prentlparents, parents, children antl other lineal tlescandents. "Children" includes natural children whether ar not that have been atloptetl by others. adopted chlltlren end slap children. "Lineal descendent s•' in clutlas all children of the natural Darants and their tlascendents, whether or not 4hev have been adopted by others; adopted descendents and their descendants; or edop41on5CTheaCOllateraliclass of heirs ineludesiall uotherhbenetieieriesst one Darent in coeeon wikh the deceden4. whether by blood CLAIMED DEDUCTIONS - PART 3 - D EBTS AND DEDUCTIONS CLAIMED Allowable tlebts and detluctions ere determined as follows: A. You era leaelly responsible for pavaent, or the estate subiect 4o edsinistretion by a personal rap resentekive is insufficient to pay the tlaductible itaes. B. You actually paid the debts of tar khe death of the deceden4 and can furnish proof of pavaent. C. Dabta being clained oust be iteeized fully in Part 3. If additional space is needed, use 8 1/2'• x 11" sheet of paper. Proof of Data of Death Spouse Lineal Sib 11 ns Collateral 07/01/94 to 12/31/94 3 Dere ant 6 portent 15 percent 15 Dare enY 01/01/95 to 06/30/00 0 Percent 6 percent 15 percent 15 pe r<ont 07/01/00 to present 0 percent 4.5 portent a tars free a tleeeas 12 percent 15 percent ed c ild 21 Years of ape or vounser a `~~ E , ~' ~~ ~~ ,~ ~ _ Y! ,~ Ati`!. ~ ~5 ~~ ~1 ~tI (r.. L} ;yy ~; ;~ ~ ~l ,~~ - - r~ :w ~~~ '~ ~ a ~ ~~ A ~ c.~ a r a N.. a n u~ O¢~ 00< ~=a `m::m °=v ~ ^ T ~M2