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Home My WebLink About04-23-10NOTICE OF INHERITANCE TAX BUREAU OF INDIVIDUAL TAXES, ` ~--~":~Pp~`_~'~~T, ALLOWANCE OR DISALLOWANCE INHERITANCE TAX DIVISION '~ ':OAP ?`~'E CTIONS AND ASSESSMENT OF TAX PO BOX 280601 `' r~ ,.~ HARRISBURG PA 17128-0601 ~ "`'~'~~~ f ~-~ ~ ~..~i Pennsylvania ~ DEPARTMENT OF REVENUE REV-1547 EX AFP (12-09) Z~~Q ~~~ ~3 p~ ~2; !. ~ DATE 04-19-2010 '~t ESTATE OF RABINOWITZ ALAN DATE OF DEATH 02-06-2009 B ~~~~}~ ~~r FILE NUMBER 21 09-0177 ~}~~~,~tl ~ L~ ~~~.~t~T DEREK K CORD~i~ ,~,-``~~ ;~~• , ,•-,,:, ~, COUNTY CUMBERLAND DJ CORDIER ESQUIRE ~ ACN 101 319 S FRONT ST APPEAL DATE: 06-18-2010 HARRISBURG (See reverse side under Objections PA 17104 Amount Remitted- -~ MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 CUT ALONG THIS LINE _ y -RETAIN-LOWER PORTION FOR YOUR RECORDS ~ REV-1547 EX AFP C12-09~ NOTIC ----- -----------'------------ _____ __ ALLOWANCE OR --- DISALLOWANCENOFRDEDUCTIONS ANDRASSESSMEN ESTATE OF: RABINOWITZ T OF TAX ALAN BFILE N0.:21 09-0177 ACN: 101 DATE: 04-19-2010 TAX RETURN WAS: CX) ACCEPTED AS FILED C ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) C1) 290, 000.00 NOTE: To ensure C2) 52, 630.96 credit to proper 3. Closely Held Stock/Partnership Interest (Schedule C) Your account, 4. Mortgages/Notes Receivable (Schedule D) C3) ,Q 0 submit the upper portion C4) of this form with your 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) ~~ ~ tax payment. 6. Jointly Owned Property (Schedule F) C5) 180,818.02 7. Transfers (Schedule G) C6) .0 0 C7) 1 , 574.93 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: c8) 525,023 91 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) C9) 3 3.6 ? ~ 10. Debts/Mortgage Liabilities/Liens (Schedule I) ~ 7 c1o) 96,701 77 11. Total Deductions 12. Net Value of Tax Return C11) 130, 327.74 13. Charitable/Governmental Bequests; C12) 394, 696.17 14. Net Value of Estate Subject to Tax Non-elected 9113 Trusts (Schedule J) C13) 39,469 62 NOTE: If an assessment was issued previously, lines 14, 15 and/or 1 C14) 355,226 55 reflect figures that include the total of ALL returns assessed,to7d e.and 19 will ASSESSMENT OF TAX: __ 15. Amount of Line 14 at Spousal rate 16. Amount of Line 14 taxable at Lineal/Class A rate C15) .0 0 X 0 0 = .0 0 17. Amount of Line 14 at Sibling rate C16) ~ ~ X 0 4 5 = C17) 39 X69 ~~ x 12 - • 00 18. Amount of Line 14 taxable at Collateral/Class B rate C18) 315, 756.94 15 _ 4 ~ 736.35 19. Principal Tax Due X - 47, 363.54 TAX CREDITS: C19)= 52,099.89 PAYMENT RECEIPT DATE DISCOUNT C+) NUMBER INTEREST/PEN PAID (-) AMOUNT PAID 11-05-2009 CD011951 .00 52,099.89 TOTAL TAX PAYMENT BALANCE OF TAX DUE 52'099.89 .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" CCR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM 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 en]oyment 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 lawful Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. C72 P. . Section 9140). PAYMENT: Detach the top portion of this Notice and submit with Your payment to the Register of Wills printed on the reverse side. --Make check or money order payable to: REGISTER OFWILLS,AGENT. Failure to pay the tax, interest, and penalty due may result in the filing of a lien of record in the appropriate county, or the issuance of an Orphan's Court citation. REFUND (CR): AApplication fo~RefundtofwPennsylvania InheritancenandeEstateeTax"ICREV-1313)QUApplicationsparel available online at www revenue.state.pa.us, any Register of Wills or Revenue District Office, or from the Department's 24-hour answering service for forms orders: 1-800-362-2050; services for taxpayers with special hearing and/or speaking needs: 1-800-447-3020 (TT only). OBJECTIONS: Any party ldiscountsorninterest)las shownton thisaNotmcetmaylob,]ectewithins601dayscofotheedatelofsreceipteofmthisonotice (including by filing one of the following: A) Protest to the PA Department of Revenue, Board of Appeals. You may ob]ect by filing a protest online a www boardofappeals state.pa.us on or before the expiration of the sixty-day appeal period. In order for an electronic protest to be valid, You must receive a confirmation number and processed date from the Board of Appeals website. You may also send a written protest to: PA Department of Revenue, Board of Appeals, P.O. Box 281021, Harrisburg, PA 17128-1021. Petitions may not be faxed. B) Election to have the matter determined at the audit of the account of the personal representative. C) Appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department o evenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, P.O. Box 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 4 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three C3) calendar months after the decedent's death, a five percent (5%) discount of the tax paid is allowed. PENALTY: The 15% tax aanuary 18~, 19961Cthetfirstedaytafterctheuend of the taxaamnestveperiodndThisenontparticipationd not paid before J penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interes that has been assessed as indicated on this notice. INTEREST: Interest is charged fepayment.W1Taxesrwhichybecameldelinquentobefore Januarytl5 1982obearlinterestoattthedrateoof death, to the date six C6%) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and a er January 1, 1982 will bear interest at a rate which will vary from calendar Year to calendar Year with that rate annouen{dInstructionDBookletnt(REVR1501)e theaPennsylvaniasNonaresidenthInstructioneBookletl(REVe1736)sorvonlthe Resid Pennsylvania Dept. of Revenue web site www.revenue.state.pa.us. The applicable interest rates for years 2000 throng 2010 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor ~,~ ~.~~. Year Rate Fa=to~ ~_ ~_ ---- ~- ~- .000247 2002 6% .000164 2000 8% .000219 2001 9% .000137 2003 5% .000137 2004 4% .OOD110 2005 5% 2007 8% .000219 2008 7% .000192 2006 7% .000192 2009 5% .000137 2010 4% .000110 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID eX NUMBEReCO en DAeS sDEiINQUE N{ X fDA~IL 5) aN SEREST FACTOR --Any Notice issued after the tax becomes deli q beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated.