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HomeMy WebLinkAbout06-29-101505607120 REV-1500 EX (06-05) OFFICIAL USE ONLY PA Department of Revenue oun a ear ~ e um er Bureau of Individual Taxes INHERITANCE TAX RETURN PO 60X.280601 Harrisburg, PA 17128-osol RESIDENT DECEDENT 2 1 0 9 0112 2 Social Security Number Date of Death Date of Birth 178222212 12012009 08021924 Decedents Last Name Suffix Decedent's First Name MI GOODMAN BIIRTRAM P (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Soaal Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return 0 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82} 0 4. Limited Estate 0 4a, Future Interest Compromise 0 5. Federal Estate Tax Return Required (date of death after 12-12-82) 0 ® g, Decedent Died Testate ~ ~, Decedent Maintained a living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) ~ 9. Litigation Proceeds Received ~ 1 p, Spousal Poverty Credit (date of death ~ 11, Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach SCh. O) ame Daytime Telephone Number DALE F SHIIGHART, F' N If A I' bl JR. HSQIIIR$ 7172414"31.1 " rrm ame ( pp ica e) First line of address 10 ~P$ST HIGH STR$$T Second line of address City or Post Office State ZIP Code CARLISLE PA 17013 REGISTER O~.~VILLS USE ~l.Y C~ Ti ~ ~ ~~ r ~ I ~ ~ ~ _ «~.. ~ ~ ~ .. :_ ~^_ _' ~~~% t~ -~ c _, 4- ~. DATE E~ED F`J E- ,~ ~~> ~.. Correspondent's e-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statemerrts, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. .~,,.y~ ~-- Jeanne Goodman Ludt ~~/ ~~ ~ i7 3 School Street, Amherst, NH 03031 SIGNATURE O EPARER OTHER THAN REPRESENTATIVE DATE Hamilton C. Davis, Esquire _ ~ f~~/j ~ 20 East Burd Street, Shippensbsurg, PA 17257 Side 1 1505607120 1505607120 J ADDITIONAL Personal Representatives Goodman, Burtram P SS# 178-22-2212 12/1/2009 Under penalties of perjury, the undersigned declare that they have examined this return, including accompanying schedules and statements, and to the best of their knowledge and belief, it is true, correct and complete. 2 Signature Name bert J. Goodman Address 085 Guadeloupe Street city, state, zip Boulder CO 80301 Date ~. Z ~ ~ 3 Signature Name Address City, State, Zip Date 4 Signature Name Address: City, State, Zip Date 5 Signature Name Address: City, State, Zip Date 6 Signature Name Address: City, State, Zip Date J 1505607220 REV-1500 EX oecedent~s Name: GOODMAN , B U R T R A M P Decedent's Social Security Number 178222212 RECAPITULATION 1. ( ) ......................................................................................... Real Estate Schedule A 1. 2 3 1, 5 0 0. 0 0 2. Stocks and Bonds (Schedule B) ............................................................................... 2. 3. Closely Held Corporation, Partnership or Sote-Proprietorship (Schedule C).......... 3. 4. Mortgages 8 Notes Receivable (Schedule D) .......................................................... 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) ................ 5. 2 8 , 12 8 . 8 0 6. .faintly Owned Property (Schedule F) p ~ Separate Billing Requested ............. 6. 7. inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) p' Separate Billing Requested ............. 7. 2 5 8, 6 2 7. 9 2 g, Total Gross Assets (total Lines 1-7) ....................................................................... 8. 5 1 8, 2 5 6. 7 2 9. Funeral Ex enses & Administrative Costs Schedule H g, 5 0 , 2 5 6 . 3 7 P ( ) ........................................ 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) ................................ 10. 1 , 6 4 8 . 5 9 11. Total Deductions (total Lines 9 8 10) ..................................................................... 11. 5 1, 9 0 4. 9 6 12. Net Value of Estate (Line 8 minus Line 11) ............................................................. 12. 4 6 6 , 3 5 1 . 7 6 13.- .charitable and Govemrnental Bequests/Sec 9113 Trusts for which ...................... .................... 13. ' an election to tax has not been made (Schedule J) 466 351.76 14. Net Value Subject to Tax (Line 12 minus Line 13) ................................................. 14: ~ TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES ' 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (ax1.2) X .00 15. 16. Amount of Line 14 taxable at lineal rate X .045 4 6 6, 3 51.7 6 16. 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxa e at collateral rate X .15 18. 19. Tax Due ..................................................................................................................... 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. 20,985.83. 20,985.83 Side 2 1505607220 1505607220 REV 1500 EX Page 3 File Number 21 - 09 - 01122 Decedent's Complete Address: Goodman, Burtram P 1316 Georgetown Circle Carlisle PA 17013 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 20, 985.83 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments ~ C. Discount 1,049.29 Total Credits (A + B + C) (2) 20,999.29 3. Interest/Penalty ifapplicable p. 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. (4) 13.46 Check box on Page 2 Line 20 to request a refund 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) g. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Q . ~ Q 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 :...................................:..................................:...:........ x b. retain the right to designate who shall use the property transferred or its income :.................................... x c. retain a reversionary interest; or .................................................................................................................. x d. receive the promise for life of either payments, benefits or care? .............................................................. x 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?......... ^ ^x 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. 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 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 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 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 decedents siblings is twelve (12) percent [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 A REAL ESTATE FILE NUMBER ESTATE OF Goodman, Burtram P 21 -09-01122 rea property owned sole)yy or as a tenant n common must reppoorts at a r market value. air market va ue is a fined as the price at which property would be excf~anged between a willing buyer and a wilfing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which 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. Include a copy of the deed showing decedent's interest if owned as tenant in common. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 Tract of land and townhouse located in the Borough of Carlisle, 1316 Georgetown Circle, 231,500.00 Carlisle, Cumberland County, PA, 17013, prior Deed reference Deed Book "K", Vol. 35, Page 186. Cumberland County Tax Parcel #50-21-0324-050. Value based upon actual sale price, copies of Deed and HUD-1 attached. TOTAL (Also enter on Line 1, Recapitulation) ~ 231,500.00 SCHEDULE E CASH, BANK DEPOSITS, & MISC. coM-~oNwEA~TH of PENNSn.vAN1A PERSONAL PROPERTY INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Goodman, Burtram P FILE NUMBER 21 -09-01122 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 DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 Household goods, furniture and furnishings, value based upon appraisal of IBIS Appraisals. 14,981.00 2 M ~ T Bank checking account #2672037351 10,557.51 Principal 10,557.51 Accrued interest 0 3 Social Security, final payment 849.00 4 MetLife, final annuity payment 1,000.00 5 USAA Federal Savings Bank 3.78 6 Centurytel, Inc. .. 4.64 7 Armed`Forces Insurance Exchange, refund homeowner's insurance .. 732:87 ~ TOTAL (Also enter on Line 5, Recapitulation) ~ 28,128.80 COMMONWEALTH OF PENNSYLVANIA SCHEDULE G IN RESIDENT DECED ~R" M1SCT ON~ PROBATE PROPERTY ESTATE OF Goodman, Burtram P FILE NUMBER 21 - 09 - 01122 This schedule must be completed and flied if the answer to any of questions 1 through 4 on page 2 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY Include the name of the transferee, their relationship to decedent and the date of transfer. Attach a copy of the deed for real estate. DATE OF DEATH VALUE OF ASSET % of DECD'S INTEREST EXCt.usION (IF APPLICABLE) TAXABLE VALUE 1 Merrill-Lynch Account #872-22248 transferred on 239,918.58 100% 239,918.58 death by beneficiary designation -value fetter attached. Jeanne Goodman Ludt, daughter, 1 /2 interest Robert J. Goodman, son, 1/2 interest 2 Merrill-Lynch Account, Money Market #872-55793 6,541.96 100% 6,541.96 transferred on death by beneficiary designation -value letter attached. Jeanne Goodman Ludt, daughter, 1/2 interest Robert J. Goodman, son, 1/2 interest 3 MetLife Annuity #072964207AB -value letter attached. 3,667.38 100% 3,667.38 Transferred on death by beneficiary designation. Jeanne Goodman Ludt, daughter, 1/2 interest Robert J. Goodman, son, 1 /2 interest 4 Romac Oil, rninera! and royalty lease, Kayser E.W. Jr. 500.00 . - 100% 500.00 #IU, valued based upon attached letter ,transferred on ~ death by beneficiary designation. Jeanne Goodman Ludt, daughter, 1/2 interest Robert J. Goodman, son, 1 /2 interest 5 Margaret Ludt, granddaughter, gifts made during 11,000.00 100% 3,000.00: 8,000.00 lifetime. Margaret received 11 gifts by checks: 01 /24/09, 02!24/09, 3/22/09, 4/17/09, 05/21 /09, 06/21 /09, 07/27/09, 08/24/09, 09/25/09, 10/29/09, 11 /23/09 TOTAL (Also enter on line 7, Recapitulation) f 258,627.92 S~h~llLE H FUNERAL EXPENSES & COMMONWEALTH of PENNSYLVANIA ~pwT INHERITANCE TAX RETURN ~1~7 / R/'11 ~ ~~ RESIDENT DECEDENT ESTATE OF Goodman, Burtram P UMW 21 -09-01122 Debts of decedent must be reported on Schedule I. T M NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Hoffman-Roth Funeral Home and Crematory, funeral 2,044.50 2 Jeanne Ludt, reimburse organist (200) Sexton (50) Caterer (389) 639.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Street Address City State Zip Year(s) Commission paid 2. Attorney's Fees Dale F. Shughart, Jr., Esquire (estimated) 3. Family Exempiaon: (If decedents address is not the same as claimant's, arch explanation). Claimant Street Address City State Zip Relationship of Claimant to Decedent ~ . 4. Probate Fees Register of Wills, probate fees paid (260 + 30) Owe (50) 5. Accountants Fees 6. Tax Return Preparer's Fees Smith Elliot & Kern 7. Other Administrative Costs 1 Register of Wills, Short Certificates 20, 000::00 340.00 395.00 20.00 TOTAL (Also enter on line 9, Recapitulation) 50,256.37 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Sd~edWe H Palatal Eames & ~~Q ESTATE OF Goodman, Burtram P FILE NUMBER 21 -09-01122 2 Cumberland Law Journal, advertise Letters 75.00 3 The Sentinel, advertise Letters 176.92 4 Postmaster, certified mail 12.00 5 Register of Wills, filing Income Tax Return and Inventory 30.00 6 Bonnie Coyle, notary fees 25.00 7 PP&L, electric 88.93 8 IBIS Appraisals, personal property appraisal 660.00 9 IBIS Appraisals, removing belongings from home 688.00 10 Recorder of Deeds, realty transfer tax on sale of home. 2,315.00 11 Jeanne Goodman Ludt, reimburse UGI bill 94.20 12 Jeanne Goodman Ludt, .reimburse miscellaneous expenses 1,586..77 13 Robert J. Goodman, reimburse~miscellaneous expenses ~ 2,349.77 14 June Baum, cleaning 687.00 15 Prudential Home Sales, realtor's commission 6,970.00 16 Carlisle Tax Account, 2010 county/borough real esate taxes 1,178.09 17 B-H Agency, realtor's commission 6,692.00 18 Prudential Home Sa{es, broker's fees 195.00 19 AHS, home warranty plan 455.00 20 UG! Utilities, gas 127.42 Page 2 of Schedule H Sd~edule H Fineral E~gper~ses & COMMONWEALTH OF PENNSYLVANIA A ~y~„M•~~~ ~e ~OM~ ~~ INHERITANCE TAX RETURN /~~ ~ ~^ ~.~11 Ci~~l RESIDENT DECEDENT ESTATE OF Goodman, Burtram P L NU 21 -09-01122 21 ATT, phone 21.77 22 CenturyLink, cell phone 25.16 23 Register of Wills, filing Inheritance Tax Return and Inventory 130.00 24 Craig and Dolly Kern, credit on repairs to real property 2,000.00 25 Borough of Carlisle, sewer and water 101.84 26 Armed Foreces )nsurance Exchange, home owners insurance 133.00 Page 3 of Schedule H SCHEDULE I DEBTS OF DECEDENT, MORTGAGE COMMONWEALTH of PENNSYLVANIA LIABILITIES, & LI ENS INfiERtTANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ESTATE OF Goodman, Burtram P 21 - 09 - 01122 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM DESCRIPTION AMOUNT NUMBER 1 Checks written before death, clearing after death: 80.17 M & T Bank checking account #2672037351 #6880 Walnut Court Home Assoc. ,dues 60.00 AT&T, electric bill 20.17 2 Millenium Pharmacy System East, medicine 3 West Shore EMS -Carlisle, ambulance 4 Thornwaid Home Nursing Home, final bill 5 Discover Credit Card, balance due. f USAA Credit Card Services, MasterCard 7 Borough of Carlisle, water and sewer 8 PPL Electric 9 UGI Utilities, Inc. 10 AT&T, phone bill 11 CenturyLink, phone 12 Walnut Court Assoc., condo fee January-March 13 June Baum, house cleaning 94.68 137.00 44.15 9.99 68.00 65.94 47.94 231.13 41.61 94.98 180.00 300.00 TOTAL (Also enter on Line 10, Recapitulation] ~ 1,648.59 SCHEDULEI DEBTS OF DECEDENT, MORTGAGE COMMONWEALTH OF PENNSYLVANIA LIABILITIES, & LIENS INHERITANCE TAX RETURN RESIDENT DECEDENT continued FILE NUMBER ESTATE OF Goodman, Burtram P 21 - 09 - 01122 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 14 AFIE, homeowner's insurance 133.00 15 ~ PA Department of Revenue, estimated income tax ~ 120.00 Page 2 of Schedule I REV-1513 EX+ (11-08) SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Goodman, Burtram P 21 - 09 - 01122 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY Do Not List Trustee(s) I~ TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)j 1 Jeanne Goodman Ludt Daughter one-half 3 School Street Amherst, NJ 03031 2 Robert J. Goodman Son one-half 4085 Guadeloupe Street Boulder, CO 80301 Enter dollar amounts for distributions shown above on lines 1 5 through 18 on Rev 1500 cover sheet, as appropriate. ~ NON-TAXABLE DISTRIBUTIONS: ` ~ A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX 1S NOT TAKEN B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET 0.00