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HomeMy WebLinkAbout04-0507COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT , DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) i STONE, RUSSEL J. UJ~ I DATE OF DEATH (MM-DD-YEAR) IDATE Of BIRTH (MM-DD-YEAR) ~ i 08/28/2003 i 12/29/1942 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) FILE NUMBER 21 04 ,~-~/? ~C OU_N'r~_q._OD_E _y .~E~_ _R.~. . NUMBE_R 176-34-7842 ~- T ~iiS -i~ ~.~. ~-~.~'~;~.-Ei~ IN ~ U PLic~T E ~.iTH 1.H E Stone, Donna M. [] 1. Odginal Return [] 2. Supplemental Return [] 4. Limited Estate [] 4a. Future Interest Compromise (date of death after 12-12-82) [] 6. Decedent Died Testate (Attach copy [] 7, Decedent Maintained a Living Trust (Attach of Will} copy of Trust) [] 9. Litigation Proceeds Received [] 10. Spousal Poverty Credit (date of death between ] 3, Remainder Return (date of death prior to 12-13-82) [] 5. Federal EstateTax Return Required 0 8. Total Number of Safe Deposit Boxes [] 11. Election to tax under Sec. 9113(A) (Attach Sch O) 12-31-91 and 1-1-95)_ ..... -- ~COMPLETE MAILING ADDRESS ~AME ' I Edward L. Scho~p, Esquke :IRM NAME (If applicable) Martson Deardofff Williams & Otto 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) [] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) Ten East High Street Carlisle, PA 17013 None None None None 1,850.00 None None 11,169.50 ~C (8) 1,850.00 (11) 11,169.50 'ELEPHONE NUMBER 717/243-3341 (12) (13) (14) insolvent 12. Net Value of Estate (Line 8 minus Line 11 ) 13. Charitable and Govemmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) x .00 (15) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15.Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116(a)(1.2) ...... x .045 (16) 16. Amount of Line 14 taxable at lineal rate x .12 (17) 17.Amount of Line 14 taxable at sibling rate x (18) (19) 18. Amount of Line 14 taxable at collateral rate 19. Tax Due 20. [] >>BE:SURE TO ANSWER ALL QUEST ONS ON REVERSE SIDE AND RECHECK MATH. << Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: rSTREET ADDRESS · ~ 1410 Cranes Gap Road CITY Carlisle STATE ZIP PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Pdor Payments C. Discount Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (1) (3) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is theOVERPAYMENT. (4) Check box on Page 1 Line 20 to request a refund If Line 1 + Line 3 is greater than Line 2, enter the difference. This is theTAX DUE. (5) A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is theBALANCE DUE (5B) Make Check Payable to: REGISTER OF WILLS, AGENT (2) 0.00 Total Interest/Penalty (D + E) 0.00 0.00 0.00 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 secudty at his or her death? ......... [] [] 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary des gnat on? ................................................................................................................ [] [] IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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 preparer other than the personal representat!ve is bas_ed on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS DATE DNa M. Stone .....aTU~E~~7~ ADDRESS Carlisle, PA 17013 SiGNI~...),/~..3/~/~[~ ,~y..i ~--~.~L~R~,~RETURN 1410 Cranes Gap Road DATE SIGNA'I:URE OF PREPARER OTHER THAN REpRESE~NTATiVE ADDRESS Ten East High Street Carlisle, PA 17013 DATE ,.5'-, For dates of 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 3% [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 0% [72 P.S. {}9116 (a) (1.1) (ii)]. The statutedoes not exempta 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 0% [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 4.5%, 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 12% [72 P.S. {}9116 (a) (1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF STONE, RUSSEL J. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY FILE NUMBER 21 - 04 - Include the .proceeds of litigation and the date the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER 1 Homemade trailer 2000 Carmate trailer DESCRIPTION TOTAL (Also enter on Line 5, Recapitulation) VALUE AT DATE OF DEATH 350.00 1,500.00 1,850.00 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF STONE, RUSSEL J. Debts of decedent must be reported on Schedule I. ITEM NUMBER; DESCRIPTION A,' - i FuNeRAL ExP~ENsEs~ 1 Hollinger Funeral Home, Mt. Holly Springs, PA 2 ~ Carlisle Memorial Service, Inc., gravemarker SCHEDULE H FUNERAL EXPENDS & ADMINISTRATNE COSTS 3 N.L. Minich & Sons, Inc., preparation of base for gravemarker 4 Donna M. Stone, funeral reception ' FILE NUMBER 21 - 04 - AMOUNT 6,915.00 3,197.50 297.00 250.00 Bo ADMINISTRATIVE COSTS: Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip Year(s) Commission paid Attorney's Fees Martson Deardorff Williams & Otto (estimated) Family Exemption: (if decedent's address is not the same as claimant's, attach explanation) Claimant Street Address C~ty Relationship of Claimant to Decedent Probate Fees State ~ Zip 500.00 Accountant's Fees Tax Return Preparer's Fees Other Administrative Costs Register of Wills, filing fee, Inheritance Tax Return, Insolvent estate 10.00 TOTAL (Also enter on line 9, Recapitulation) 11,169.50 REV-1513 EX+ (9-00) ~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN .... RE~S_IDENT DECE_DE~ NT ESTATE OF NUMBER I. ! STONE, RUSSEL J. SCHEDULE J BENEFICIARIES NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS (include outright spousal distributions) Donna M. Stone 1410 Cranes Gap Road Carlisle, PA 17013 FILE NUMBER 21 - 04 - RELATIONSHIP TO AMOUNT OR SHARE DECEDENT OF ESTATE Do Not U~t TJ~tee~ , Spouse insolvent estate II. Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet I i NON-T,~BLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT I BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET BUREAU OF INDIVIDUAL TAXES TNHERITARCE TAX DIVTSION DEPT. Z80601 HARRISBURG, PA 17128-0601 CONNONNEALTH OF PENNSYLVANIA DEPARTNENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAZSEHENT, ALLO#ANCE OR DZSALLONANCE OF DEDUCTIONS AND ASSESSHENT OF TAX REV-Ii4? EX AFP EDNARD L SCHORPP ESQ MARTSON ETAL 10 E HIGH ST CARLISLE PA 17015 DATE 07-26-Z00~ ESTATE OF STONE DATE OF DEATH 08-28-2005 FILE NUMBER 21 0~-0507 COUNTY CUMBERLAND ACN 101 Amoun'l: Rem i'l:'l:ed RUSSEL J MAKE CHECK PAYABLE AND RENZT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17015 CUT ALONG THIS LINE I1~ RETAIN LONER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP (01-03) NOT/CE OF INHERITANCE TAX APPRAISEMENT, ALLONANCE OR D/SALLONANCE OF DEDUCTIONS AND ASSESSNENT OF TAX ESTATE OF STONE RUSSEL d FILE NO. 21 0~-0507 ACN 101 DATE 07-26-200~ TAX RETURN NAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Es~a~e (Schedule A) (1) 2. S*ocks and Bonds (Schedule B) (2) $. Closely Held S~ock/Par~nershAp In*eras* (Schedule C} ($) ~. Not,gages/No,es Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Proper~y (Schedule E) (5) 6. Jointly Owned Proper~y (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. To,al Asse~s APPROVED DEDUCTZONS AND EXENPTZONS: 9. Funeral Expenses/Adm. Cos~s/Hisc. Expenses (Schedule H) (9) 10. Dab*s/Nor*gage Liabilities/Liens (Schedule I) (10} 11. To*al Deductions 12. Na~ Value of Tax Re~urn O0 O0 O0 O0 1/850.00 O0 O0 (8) 11,169.50 NOTE: To insure proper credi* *o your accoun*, subei~ *he upper par*ion of ~his form wi*h your ~ax payment. 1,850.00 ~0o ~ :~::rr(l~) .~519.50- ~'. ~,,::::~ .0 0 15. Charitable/Governmental Beques*s; Non-alac~ad 9113 Trusts (Schedule J) ::' ~:: ~ ;!::!~ 9~;I $19.5 0 - 1~. Ne~ Value of Estate Subjec~ to Tax :;J >(lq) NOTE: Z~ an assessment ~as lssued prev/ously, llnes 14, 15 and/o;-16, 1~ 18 ~d~719 ~ill reflect figures that lnclude the total of ALL returns asse~Spd to.ate. ,: ASSESSHENT OF TAX: ,-~ o~ . aa . O0 x 12 = . O0 . O0 x 15 = . O0 (19)= . O0 ANOUNT PAID 16. Amoun~ of Line 1~ *axable a~ Lineal/Class A ra~e 17. Amoun~ of Line l~t a~ Sibl/ng ra~e 18. Amoun~ of Line 1~ ~axable a~ Collateral/Class B ra~e 19. Principal Tax Due TAX CREDZTS: PAYNENT RECEIPT DISCOUNT (+) DATE NUNBER INTEREST/PEN PAID (-) IF PAZD AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. (16) (17) (18) TOTAL TAX CREDIT I BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE .00 .00 .00 .00 ( ZF TOTAL DUE ZS LESS THAN $1, NO PAYNENT ZS REOUIRED. ZF TOTAL DUE ZS REFLECTED AS A "CREDIT" (CR), YOU NAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORN FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawfu! Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: To fulfill the requirements of Section ZlqO of the Inheritance and Estate Tax Act, Act 23 of gOOD. (7Z P.S. Section 91q0). Detach the top portion of this Notice and submit with your payment to the Register of Hills printed on the reverse side. --Hake check or money order payable to: REGISTER OF RILLS, AGENT A refund of a tax credit, which was not requested on the Tax Return, may ba requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax'* (REV-1513). Applications ara available at the Office of the Register of Nills, any of the Z3 Revenue Oistrict Offices, or by calling the special 2q-hour answering service for fores ordering: 1-800-362-Z050~ services for taxpayers with special hearing and / or speaking needs: 1-BOO-qqT-3OZO (TT only). Any party in interest not satisfied with the appraisement, alloaance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice by: --written protest to the PA Dapar~ent of Revenue, Board of Appeals, Dept. Z810Z1, Harrisburg, PA 171Z8-1021, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing ia: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Pest Assessment Review Unit, Dept. 280601, Harrisburg, PA 171Z8-0601 Phone (717) 787-6505. Sea page 5 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. If any tax due is paid within three (3) calendar months after the dacedent's death, af[ve percent (SI) discount of the tax paid is allowed. The iSZ tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January lB, 1996, the first day after the and of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became deZinquant before January 1, 198Z bear interest at the rate of six (6Z) percent per annum calculated at a daily rate of .OOO16q. All taxes which became delinquent on end after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 200q ara: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor ~ 20Z .0005q8 ~'&-1991 11Z .000301 ~ 9X .0002q7 1983 162 .000q38 199Z 9Z .000247 ZOOZ 6Z .00016q 198q llZ .000301 1993-199q 7Z .OOOleZ 2003 5Z .000137 1985 13Z .000356 1995-1998 92 .O00Zq7 2004 qZ .000110 1986 lOg .O00Z7q 1999 7Z .O0019Z 1987 lOX .00027q 2000 7Z .00019Z --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUHBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (1S) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated.