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HomeMy WebLinkAbout04-0083 REV-1500 COM~ONWEALT. O" PE.NSVLVA.,A I N H E RITAN C E TAX RETURN DEPARTMENT OF REVENUE OEPT. 28o~o~ RESIDENT DECEDENT HARRISBURG, PA 17128-0601 DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SHEAFFER, Rema M. DATE OF D~ATH (MM-DO-YEAR) DATE OF BIRTH (MM-DO:yEAR) 10/19/2003 03/04/1921 (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( t. AST, FIRST AND MIDDLE INITIAL) Sheaffer, Meryl H. [] 1. Original 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 COUNTY CODE YEAR NUMBER SOCIAL SECURITY NUMBER 193-12-8595 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER ] 3. Remainder Return (date of death prior to 12-13-82) [] 5. Federal Estate Tax 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) iTHiS sEcTiON MUST BI=~oMPLETED:ALL cORRESPONDENCE AND CONFIDENTIAL T~ INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Ivo V. Otto III, Esquire ~ i FIRM NAME (If aPplicable) Martson Deardorff Williams & Otto Ten East High Street :TELEPHONE NUMBER Carlisle, PA 17013 717/243-3341 1. Real Estate (Schedule A) (1) None 2. Stocks and Bonds (Schedule B) (2) None 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) None 4. Mortgages & Notes Receivable (Schedule D) (4) None 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 4,899.86 (Schedule E) 6. Jointly Owned Property (Schedule F) (6) None [] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) None (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 7,9 ! 4.74 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) (8) 4,899.86 (11) 7,914.74 (12) insolvent 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been (13) made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, x .00 (15) or transfers under Sec. 9116(a)(1.2) c~ 16.Amount of Line 14 taxable at lineal rate x .045 (16) = 17.Amount of Line 14 taxable at sibling rate x ,12 (17) O ,~ 18. Amount of Line 14 taxable at collateral rate ,- x .15 (18) 19. Tax Due (19) 20. [] ........ >> B~'~-RE~0~'I~I~wER .~.~-~UE~I(~$ 6~I~:~D~-ND-R~HE~K MATH << Copyright 2000 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev. 6-00) Decedent's Complete Address: · STREET ADDRESS CITY 122 Lebo Road Carlisle STATE ZIP PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount Interest/Penalty if applicable D. Interest E. Penalty (1) Total Credits (A + B + C) (2) Total Interest/Penalty (D + E) (3) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is theOVERPAYMENI (4) Check box on Page I 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. (SA) B. Enter the total of Line 5 + 5A. This is theBALANCE DUE (5B) Make Check Payable to: REGISTER OF WILLS, AGENT 0.00 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 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? ................................................................................................................ [] [] 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 representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN M. Thomas Sheaffer SIGNATL ADDRESS DATE 130 Lebo Road Carlisle, PA 17013 /-2.~,-O ADDRESS DATE /- ,-/ ADDRESS DATE Ivo V. R THAN REPRESENTATIVE Ten East High Street Carlisle, PA 17013 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 exempt 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 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 SCHEDULE E CASH, BANK DEPOSITS,& MISC. PERSONALPROPERTY ESTATE OF FILE NUMBER SHEAFFER, Rema M. 21 - 03 - 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 DESCRIPTION M&T Bank CD # 31003~10993590 TOTAL (Also enter on Line 5, Recapitulation) VALUE AT DATE OF DEATH 4,899.86 4,899.86  SCHEDULE H FUNERAL EXPENSES & COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN ADIVIIN~llVE COSTS RESIDENT DECEDENT ESTATE OF SHEAFFER, Rema M. Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION A. FUNERAL EXPENSES: 1 Egger Funeral Home, Newville PA FILE NUMBER 21 - 03 - AMOUNT 7,904.74 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 Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City Relationship of Claimant to Decedent Probate Fees State Zip 5. Accountant's Fees 6. Tax Return Preparer's Fees Other Administrative Costs Register of Will, filing fee, Inheritance Tax return 10.00 TOTAL (Also enter on line 9, Recapitulation) 7,9]4.74 REV-1513*EX+ (9-00) ~ ' SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SHEAFFER, Rema M. NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS (include outright spousal distributions) Merle H. Sheaffer Green Ridge Village, 210 Big Spring Road Newville, PA 17041 FILE NUMBER 21 - 03 - RELATIONSHIP TO DECEDENT Do Not List Trustee(s) Spouse AMOUNT OR SHARE OF ESTATE (insolvent estate) Enter dollar amounts for distributions shown above on lines 15 through 18, as appropriate, on Rev 1500 cover sheet II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT 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 ZNDZVZDUAL TAXES ZNHERTTANCE TAX DZVZSZON DEPT. 280601 HARRZSaURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANZA DEPARTMENT OF REVENUE NOTZCE OF ZNHERZTANCE TAX APPRAZSEHENT, ALLO#ANCE OR DZSALLONANCE OF DEDUCTZONS AND ASSESSMENT OF TAX TVO V OTT ]:T'r ESQ '04 r'IAR 12 P1:44 MARTSON ETAL 10 EAST HTGH STREE~is,:h DATE ESTATE OF DATE OF DEATH FZLE NUHBER COUNTY ACN 05-15-2004 SHEAFFER 10-19-2005 21 04-0085 CUMBERLAND 101 Amount Ram i'l:'l:ed REV-I$~7 EX AFP (01-03) RENA H HAKE CHECK PAYABLE AND RENZT PAYHENT TO: REGZSTER OF WZLLS CUHBERLAND CO COURT HOUSE CARLZSLE, PA 17015 CUT ALONG THZS LZNE ~ RETAZN LOWER PORTZON FOR YOUR RECORDS ~ REV-Z547 EX AFP (01-03) NOTZCE OF ZNHERZTANCE TAX APPRAZSENENT, ALLOWANCE OR DZSALLOWANCE OF DEDUCTZONS AND ASSESSMENT OF TAX ESTATE OF SHEAFFER RENA M FZLE NO. 21 04-0083 ACN 101 DATE 03-15-2004 TAX RETURN NAS: (X) ACCEPTED AS F/LED ( ) CHANGED RES~.~VATZON CONCERNZNG FUTURE ]:NTEREST - SEE REVERSR APPRAZSED VALUE OF RETURN BASED ON: ORZGZNAL RETURN 1. Real Es~a*a (Schedule A) (1) 2. S~ocks and Bonds (Schedule B) (2) $. CZosaZy Held S~ock/Par~narship Zn~ares~ (Schedule C) ($) ~. Hor~gages/No~es Rece/vable (Schedule D) (~) 5. Cash/Bank Daposi~s/HLsc. Personal Proper~y (Schedule E) ($) 6. Jointly O~nad Proper~y (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. To,al Asse~s APPROVED DEDUCTZONS AND EXEHPTZONS: 9. Funeral Expansas/Adm. Cos~s/Hisc. Expenses (Schedule H) (9) 10. Dab~s/Nor~gaga Liabilities/Liens (Schedule Z) (10) 11. To,al Deductions 12. Na~ Value of Tax Re*urn 15. 1~. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) Na~ Value of Es*a~e Sub,ac* ~o Tax 4~899.86 .00 .00 NOTE: To Lnsure proper .00 crad~ ~o your account, .00 subai~ ~he upper portion .00 of ~hLs form wi~h your ~ax payman~. .00 (8) 7,914.74 NOTE: ASSESSHENT OF TAX: 15. Amoun~ of L/ne 1~ a~ Spousal ra~e 16. Aaoun~ of L/ne 1~ ~axabla a~ Lineal/CZass A ra~a 17. Aaoun~ of Line 1~ a~ Sibling ra~a 18. Aaoun~ of L/ne 1~ ~exable a~ Collateral/Class B ra~e 19. Pr/nc/pal Tax Due TAX CREDZTS: PAYHENT RECEZPT DZSCOUNT DATE NUMBER ZNTEREST/PEN PAZD (-) 4,899.86 (is), .00 x O0 = .00 (z6) .00 x 045= .00 (17) . O0 x 12 = . O0 (18) .00 x 15 = .00 (19)= . O0 AHOUNT PAZD TOTAL TAX CREDZT BALANCE OF TAX DUE ZNTEREST AND PEN. TOTAL DUE ZF PAZD AFTER DATE ZNDZCATED, SEE REVERSE FOR CALCULATZON OF ADDZTZDNAL ZNTEREST. .00 .00 .00 .00 ( ZF TOTAL DUE ZS LESS THAN $1, NO PAYHENT ZS REQUZRED. 1F TOTAL DUE ZS REFLECTED AS A 'CREDZT' (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SZDE OF THZS FORH FOR ZNSTRUCTZONS.) Zf an assessment was issued previously, lines 1~, 15 and/or 16, 17, 18 and 19 will re~lect ~lgures that /nclude the total of ~LL returns assessed to date. .00 (11) 7.91~. 7~. (12) 3,01~i.. 88- (13) . O0 (z~) 3,014.88- RESERVATION: Estates of decedents dying on or before December 1Z, 198Z -- 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 tho right to appraise and assess transfer inheritance Taxes at the lamful Class B (collateral) rate on any such future interest. To fulfill the requirements of Section ZI~O of the Inheritance and Estate Tax Act, Act Z3 of Z000. (TI P.S. Section 91~0). PAYMENT: Detach the top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Make check or money order payable to: REGISTER OF NZLLS, AGENT REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, amy be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available at the Office of the Register of Hills, any of the 25 Revenue District Offices, or by calling the special lq-hour answering service for forms ordering: Z-aOO-36Z-Z050; services for taxpayers with special hearing and / or speaking needs: 1-BO0-4qT-3OgO (TT only). OBJECTIONS: Any party in interest not satisfied with the appraisement, allowance, 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 Department of Revenue, Board of Appeals~ Dept. zalozz, Harrisburg, PA ITIza-IozI, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. PURPOSE OF NOTICE: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of individual Taxes, ATTN: Post Assessment Review Unit, Dept. Z8060I, Harrisburg, PA l?lgB-060! Phone (717) 787-6505. See page 5 of the book[et "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 decedent's death, e five percent (SI) discount of tho 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 I8, lg96, 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 tiaa 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 fl) day from the date of death, to the date of payment. Taxes which became delinquent before January l, 19az bear interest at the rate of six (6Z) percent par annum calculated at a daily rate of .O0016q. All taxes which became delinquent on and after January l, 19az will bear interest at a rate which will vary free calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for I98Z through ZO0~ are: Interest Daily Interest Daily Interest Year Rate Factor Year Rate Factor [~ 20X .0005q8 ~J~'a-1991 llX .00030I' 1983 16Z .OOOq38 1992 92 .0002~7 19Bq llZ .O0030l X993-X99q 7X .OOOXQ2 1985 X3X .000356 1995-X998 9Z .0002q7 X986 102 .00027~ X999 72 .O00Xgz 1987 lOX .O00Z7q ZOO0 7Z .O00lgZ --Interest is calculated as follows: Daily Year Rate Factor ~ 9X .OOOZq7 ZOO2 62 .O0016q 2003 5Z .000137 200~ ~X .000110 INTEREST = BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY 'rNTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment ts made after the interest computation date shown on the Notice, additional interest must ba calculated.