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HomeMy WebLinkAbout04-02-0915056051058 REV-1500 EX (O6-OS) OFFICIAL USE ONLY PA Department of Revenue County Code Year File Number Bureau of Individual Taxes PO BOX 280601 INHERITANCE TAX RETURN 21 08 0961 u~m~ti~~.~ ca n,~a-osol RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW 09/07/2008 Decedent's Last Name Suffix Finkenbinder (If Applicable) Enter Surviving Spouse's Information Below Date of Birth __ 10/24/1922 Decedent's First Name MI Paul H Spouse's Last Name Suffix Spouse's First Name Finkenbinder Marcia __ Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW C7 1. Original Return O 4. Limited Estate C~ 6. Decedent Died Testate (Attach Copy of Will) O 9. Litigation Proceeds Received C'.~ 2. Supplemental Return q 4a. Future Interest Compromise (date of death after 12-12-82) O 7. Decedent Maintained a Living Trust (Attach Copy of Trust) O 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) MI K O 3. Remainder Return (date of death prior to 12-13-82) q 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes O 11. Election to tax under Sec. 9113(A) (Attach Sch. O) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD 8E DIREGTEU IU: Name Daytime Telephone Number __ __ _.._ Edward L. Schorpp, Esq. (717)_486-8386 Firm Name (If Applicable) _ REGISTER OF WILLS USE ONLY N/A _ _ ~ ___ First line of address o O .°n ~, 35 S. Thrush Drive ~ ~~ .~~'~ ~ ~ ~` '-~ ~ - Second line of address ~ c i r.. i ~7 -> `~ C/1 x N ... ~ City or Post Office State ZIP Code ---- EZ-~-~-- < r 1 _ __ © ~ l Carlisle PA 17015-7652 = ~ ~ ~- c.~ .. - Correspondent's a-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration arer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FQR FILING RETURN ^D~/ /~~ DATE HVVRCJJ ~...h+iQUSC,,E / ai.S' 3s-s T.,~.s.~r AP . 7 PLEASE U E ORIGINAL FORM ONLY Side 1 15056051058 15056051058 J 15056052059 REV-1500 EX Decedent's Name: - RECAPITULATION - 1 40,000.00 1. Real estate (Schedule A) . ............................................ _ 692,478.80 2. Stocks and Bonds (Schedule B) 2' 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .... 3. _ _ 4. Mortgages & Notes Receivable (Schedule D) ............................. 4. 108,603.83 5. Cash, Bank Deposits i~ Miscellaneous Personal Property (Schedule E) ........ 5. . 134,836.33 6. Jointly Owned Property (Schedule F) O Separate Billing Requested ....... 6. 7. Inter-Vivos Transfers 8 Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested........ 7. ..................... s. 975,918.96 8. Total Gross Assets (total Lines 1-7) ............... _____ _ ......._._~...._.__..___.__..._ ._...._.._..___._.__... 9. Funeral Expenses & Administrative Costs (Schedule H) ..................... 9. bt f D edent Mortgage Liabilities & Liens (Schedule I) ................ 10. 10. De s o ec • 11. Total Deductions (total Lines 9 & 10) ................................. .. 11. 12. Net Value of Estate (Line 8 minus Line 11) ............................ .. 12. __ 975,918.96 13 Charitable and Governmental BequestslSec 9113 Trusts for which . an election to tax has not been made (Schedule J) ...................... .. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) ...................... .. 14. 975,918.96 TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or _ - transfers under Sec. 9116 975~g18.96 15. 0.00 16 Amount of Line 14 taxable . at lineal rate X .0 _ ' 16. 17. Amount of Line 14 taxable I 17 at sibling rate X .12 _ ~ _.._.. _.., . _ _ _ _ . _ ..__._. ~ . _... ..__._._ _ __. 18. Amount of Line 14 taxable 18 at collateral rate X .15 ~ ___ _ _ _ .._~ -,...._ ~..... ,,.,...._.~.._... _ _ _.._..; 0.00 19. TAX DUE ...................................................... ... 19. __ ____. _.__ 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O 15056052059 Side 2 15056052059 REV-1500 EX Page 3 Decedent's Complete Address: Paul H Finkenbinder Forest Park Health Center, Walnut Bottom Road CITY Carlisle File_Num4er____ ___.__. ..._.._.._ 21 ~ ~ 08 .0961 ZIP PA 17013 Tax Payments and Credits: o.oo 1. Tax Due (Page 2 Line 19) (1) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments C. Discount Total Credits (A + B + C) (2) 3. InteresUPenalty if applicable D. Interest E. Penalty Total InterestlPenalty (D + E) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. fill in oval on Page 2, Line 20 to request a refund. (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 0.00 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred :.......................................................................................... ^ b. retain the right to designate who shall use the property transferred or its income : ..........................................:: ^ c. retain a reversionary interest; or ...................................................................................................................... d. receive the promise for life of either payments, benefits or care? ...................................................................... ^ 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. ~ ^ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. ^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ ~ ^ HEDULE G AND FILE IT AS PART OF THE RETURN ROVE QUESTIONS IS YES, YOU MUST COMPLETE SC IF THE ANSWER TO ANY OF THE A - .... For dates1of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1.1) (ii)]. The statute does not exemat a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one 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 zero (0) percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1502 EX+ (11-08} pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE FILE NUMBER ESTATE OF 21-08-0961 Paul H. Finkenbinder All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F. Attach a copy of the settlement sheet if the property has been sold. VALUE AT DATE ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. OF DEATH NUMBER DESCRIPTION 1• All that certain one-fifth interest in approximately forty-one improved acres of land situate in Horse Valley, Tobyne Township, Perry County, Pennsylvania, as deeded to the decedent and others by deed dated December 3, 1973, and recorded in Perry County Deed Book 236, Page 542. TOTAL (Also enter on Line 1, Recapitulation.) I $ If more space is needed, insert additional sheets of the same size. 40,000.00 40,000.00