The URL can be used to link to this page

Home My WebLink About07-29-10COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 1 7 1 28-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT NO. CD 013121 RINE J GARY 45 JUMPER ROAD SHIPPENSBURG, PA 17257 -------- fold ESTATE INFORMATION: ssrv: ~ ~4-20-2~ so FILE NUMBER: 2109-1 167 DECEDENT NAME: RINE RUTH M DATE OF PAYMENT: 07/ 29/ 2010 POSTMARK DATE: 07/23/2010 COUNTY: CUMBERLAND DATE OF DEATH: 12/ 1 1 /2009 REMARKS: RECEIPT TO ATTY CHECK#112 SEAL ACN ASSESSMENT AMOUNT CONTROL NUMBER 101 ~ $450.00 TOTAL AMOUNT PAID: INITIALS: CJ REV-1'162 EX(11-96? $450.00 RECEIVED BY: GLENDA EARNER STRASBAUGH REGISTER OF WILLS REGISTER OF WILLS LAW OFFICES OF ZULLINGER-DAVIS PROFESSIONAL CORPORATION JOEL R. ZULLINGER j zullin~er(a~zulling;er-davis.com SUZANNE M. TRINH strinh~a,zullinger-davis.com HAMILTON C. DAVIS hdavis zullinger-davis.com 14 North Main Street, Suite 200 Chambersburg, PA 17201 717-264-6029 717-264-1884 (FAX) July 22, 2010 20 East Burd Street, Suite 6 Shippensburg, PA 17257 717-532-5713 717-530-5222 (FAX) E~~~ Y.--.a ~~ PA Department of Revenue .._~ = _~ ~ '~ Bureau of Individual Taxes : ~ '~' _ ~' ~ . - - ~ ~ rA-- ATTN: Post Assessment Review Unit -; ~ ~ ~~ P.O. Box 280601 } , : <~ Harrisburg, PA 17128-0601 :: ~. ~ ` , ' ~',' :: __ . _.~, r..~ .~- . ~:~ ~ Gentlemen: -- RE: Estate of Ruth M. Rine File No. 21-09-1167 I am in receipt of Notice of Inheritance Tax Appraisement for the: above estate, a copy of which is enclosed, indicating that the Department has accepted the return as filed. ~'lhile prepari~-lg the First and Final Accounting and Distribution to the beneficia~''ies an error has been discovered on Schedule E of the inheritance tax return. Item 1 of Schedule E is Checking Account #506427 at Orrstown Bank with a date of death value of X56,347.93. Item 2 of Schedule E is Certificate of Deposit #4000005296 at Orrstown Bank with a date of death value of $20,000.00. After the decedent's death the following accounts at Orrstown Banl; were closed: • Checking Account #506427; • Certificate of Deposit #4000006512; and • Certificate of Deposit #4000029560. PA Department of Revenue July 22, 2010 Page II A revised date of death balance letter has been obtained from Orrstown Bank, a copy of which is enclosed. Certificate of Deposit #4000005296 matured on 12/10/09 and deposited into Checking Account #506427. Please refer to the notation on the revised letter from Orrstown Bank. The revised letter also lists date of death valuation for Certificates of Deposit #4000006512 of $12,000.00, and #4000029560 of $18,000.00. Following is the correct listing of assets for Schedule E of the inheritance tax return: 1. Checking Account #506427, Orrstown Bank 56,347.93 2. Certificate of Deposit #4000006512, Orrstown Bank 12,000.00 3. Certificate of Deposit #4000029560, Orrstown Bank 18,000.00 4. Gross proceeds from sale of personal property by Dan Hershey Auction Services 2,401.00 5. Policy No. L9080709, OM Financial Life Insurance Company 154,802.38 TOTAL $243,551.31 The total of Schedule E of the filed return was $233,551.31. The above corrections would result in an additional $10,000.00, which would be subject to PA Inheritance Tax at the rate of 4.5%, or $450.00. Enclosed is check from the estate payable to "PA Department of F:evenue" in the amount of $450.00. If you have questions or require further verification, please contact my Chambersburg office. Thank you for your consideration. ery truly yours, 0 1 R. Zullin r ~~-~ Encls. BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX JOEL R ZULLINGER STE 200 14 N MAIN ST CHAMBERSBURG PA 17201 C1) 95, 000.00 c2) 272, 643.04 c3) .00 C4) • DO C5) 233, 55I . 31 c6) .00 C7) 1 , 575.30 CUT ALONG THIS LINE _ -;1 R_ETA_IN LOWER POR_TION_ FOR YOUR RECORDS ~-- _ __ _____ ______ REV-1547-EX AFP-C12-09~ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR - - DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF: RINE RUTH MFILE N0.:21 09-1167 ACN: I01 DATE:_06-2I-2D10 TAX RETURN WAS: C)O ACCEPTED AS FILED C ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) Y~ pennsylvan~a - ~~ DEPARTMENT OF REVENUE ~~ REV-1547 EX AFP (12-D9) NOTE: To ensure K;~roper credit to your a~::count, submit the upper portion of this form wit'n your tax payment. cs) 602,769.,65 c9) 22 , 197.78 clo) 82.84 11 . Total Deductions C11) 22, 280 • 62 C12) 03 580,489. 12. Net Value of Tax Return . 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) Cl:i) 2,0 0 0.0 0 14 Net Value of Estate Subject to lax C14) 578,489.03 . NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 ~~~ill reflect figures that include the total of ALL returns assessed to date . ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate C15) .0 0 X 00 = 00 16. Amount of Line 14 taxable at Lineal/Class A rate C16) 578 .489.03 x 045 = 26, 032. O1 17. Amount of Line 14 at Sibling rate (17) .00 X 12 .00 18. Amount of Line 14 taxable at Collateral/Class $ ra te C18) .0 0 X 15 = .0 0 19. Principal Tax Due (.19)= 26, 032. O1 TAX CREDITS: PAYMENT DATE RECEIPT NUMBER DISCOUNT C+) INTEREST/PEN PAID C-) AMOUNT PAID 03-03-2010 CD012417 1,301.60 24,730.41 DATE 06-21-2010 ESTATE OF RINE RUTH Pk DATE OF DEATH I2-11-2009 FILE NUMBER 21 09-1167 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 08-20-2010 (See reverse side under Objections) Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 TOTAL TAX PAYMENT 26,032.01 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MANY BE DUE FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THIS FGRM FOR INSTRUCTIONS. JUL-21-2010(WED;+ 09:11 .. ... ,. ..:.... RRSTO`!ITI~T:::. ~ :.~..~: FINANCIAI:~ SERVICES; INC: ~: ~ ~...... A`.Tr'aditivn~of Cz~rilcncr .:.. ~. July 2 ]., 2010 ~6~ ~'~~, nnn Joel R. Zullin~er, Esq. Zullinger -Davis Professional Corporation 14 North I1/Iain Street Suite 200 Chambersburg, PA 17201 ~'ax 264-1$84 Re: Estate of Ruth M. Rine Social Security Number 1'74-20-2130 Date of death December J. l., 2009 IT IS HERE,R.BY CERTIF'.IIE.D ?'HAT ?'HE ABOVE 1VAIVIED DECEDENT, ON THE ABOVE DA3'.E, HAD THE FOLLOWING ACCOUIV'T-5 WI7'I-I ORRSTOWN SANK: CHECKING ACCOUNT' Account No. - Account 'I~pc -- Date opened - Joint Account (name/ date) Balance - Aecrued Interest - 506427 50+ Interest Check 1j1/82 None $56,345.92 $2.01 CER7'IFICA.TE OF DEPOSITS =iz~~L >,~, dQ_~~ Al~r.r,tl-~_Tr,.r.~rr-a S OZ1 ~.1 111VV1 1 c381C-~(}'us ~- 1,.,„„-...e /.ate,+ol _ T~T~t-.v i~v~iv ~~n nnn nn I3ala~a.~e .,, ~ ......... NOTE: This CD was redeemed anal put into the checking account on December 10, but the CD was not manually entered until December 11. The $20,000 was included in the date of death checking account balance and tr1e CD should not have been included in the first letter. 77 EASt King Sl'I'cCt, Shippensburg, Pennsylvania 17257 Received Time Ju1.21. 10:52AM JUL-21-2010(~JED) 09:x. Account No . -- Account T~rpe - Date opened - Joint Account (name/date) -- Balance - Accrued Interest - Account No. - Account 'T~ypc - Date opened - Joint Account (name/ date) -- Balance - Accrued Interest - 40000065 ~.2 48-59 Month Income 6/21/05 None $2,000.00 $o 4000029550 36-41 Month Income 10/22/08 None $18,000.00 $0 cst Regards, Vicki L. Gullixon Customer Service Specialist 77 East King Street, Shippensbu rg, Pennsyl~ani~ 17257 Received Time Ju1.21. 10:52AM ~_,ti_ ~~ ~~.~.~ _-~=~~- C"' ~ `~' ~ n ~ ~. ~~~~~ ~~.rnm~ -oo~°~ ~' N Q~~' T ~ C4 n ~ ~ --1 (f? O N ~ Og ~ N W ~ ~ C1? -z r+ N n ~ G ~' 3 ~ O tS1 C ~' N tD r~-~ .- t~ .... ~ :._ ~ ~ y ~- .,~ ~ .: ;. ~r i 4...:3...i-, !~~ ~ ~~ d ~~ .; . t ,' ~`Y .~ t 3~ ,~,.„ , ~ 2 ~~;;~. ~:..