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Home My WebLink About07-30-10~. ~ BUREAU OE INDIVIDUAL TAXE$ INHERITANCE TAX DIVISION PO BOX 2BDbD1 FUIRRISBURG PA 17128-D¢D,1 y ~., t: i F it EI F' ~.. ~~ .r v , `.~ '~'~`~ NOTICE OF INHERITANCE TAX APPRICISEMENT, ALLOWANCE DR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ~ ~-~ ! ~ 3 n~ •-r-.,~ ~~r ~iM 1 f,a ~~ _ . RICHARD L WEBBER JR ESp WEIGLE 8~ ASSOCS PC 126 E KING ST SHIPPENSBURG PA 17257 pennsylvania ~ DEPARTMENT OF REVENUE REV-1547 EX AFP i12-09) DATE 05-2G-2010 ESTATE OF KELSO MARY M DATE OF DEATH 10-20-2009 FILE NUMBER 21 09-1002 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 07-23-2010 (See reverse side under Objections) Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 cUT ALDNS THiS_LiNE __ -~ RETAiN_LOwER_PORTiON_FOR YOUR RECORDS !- __ _______________ REV-1547 EX AFP t12-09~ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE DF: KELSO MARY MFILE N0.:21 09-1002 ACN: I01 DATE: 05-24-2010 TAX RETURN WAS: C X ) ACCEPTED AS FILED C ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate CSchedule A) 2. Stocks and Bonds CSchedule B) 3. Closely Held Stock/Partnership Interest CSchedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property CSchedule E) 6. Jointly Owned Property CSchedule F) 7. Transfers {Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses {Schedule N) 10. Debts/Mortgage Liabilities/Liens {Schedule I) (1) •DO NOTE: To ensure proper {2) ,0 0 credit to your account, 0 0 submit the upper portion {3) . of this forte xith your (4) •0 0 tax payment. c5) 239, 893.75 {b) 27,576.50 C7) 486, 913.89 {s) 754 , 384.14 {y) 39.598.74 {lo) 6.537.1D 11. Total Deductions (11) 46, 135.84 12. Net value of Tax Return {1~) 708, 248 .30 I3. Charitable/Governmental Bequests; Non-elected 4113 Trusts CSchedule J) {13) 4 8,4 3 9.4 $ 14. Net Value of Estate Subject to Tax C14) 659,808.82 NOTE: If an assess~ent was issued previously, linos 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of ALL returns assessed to date . ASSESSMENT DF TAX: 15. Amount of Line 14 at Spousal rate {15) .0 D X 0 0 s .0 0 16. Amount of Line 14 taxable at Lineal/Class A rate C16} .D 0 X 0 4 5 = .00 17. Amount of Line 14 at Sibling rate {17l 11 . ~D_ 6 .ASS X 12 = 1 ,_368.79 18. Amount of Line 14 taxable at Collateral/Class B ra te {18) 648,402.24 X 15 = 97,260.34 19. Principal Tax Due {19)= 98, 629.13 TAX CREDITS: PAYMENT DATE RECEIPT NUMBER DISCOUNT C;) INTEREST/PEN PAID C-) AMOUNT PAID 01-19-2010 CD012257 4,917.28 43,428.28 PAYMENT MUST BE MADE BY 07-20-2010*. TOTAL TAX PAYMENT 98,345.56 BALANCE OF TAX DUE 283.57 INTEREST AHD PEN. .00 TOTAL DUE 283.57 * IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A "CREDIT " CCR), YOU MAY BE DUE FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THis FORM FOR INSTRUCTIONS. ~. -, RESERVATION; Estates of decedents dying on or before Docerber 12, 1962 -- if any future interest in the estate is transferred in possession or snjoyrant to Class ~ (collateral) bonefieiaries of the decedent after the expiration of any estate for life or for Years, the Corranwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class 6 (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the rvquiroronts of Section 2140 of the Inheritance end Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). PAYMENT: Detach the top portion of this Notice and subrit with your payrent to the Resister of Wills printed on the reverse side. --Make check or ropey order vayable to: REGISTER OF WILLS, AGE1~lT. Failure to pay the tax, interest, and penalty due ^ay result in the filing of a lien of record in the appropriate county, or the issuance of sn Orphan's Court citation. REFUND (CR): A refund of a taut credit, which was not requested on the Tax Return, ray be requested by corpleting an ''Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available online at ~rw,revenue.state.oa.us, any Register of wills or Revenue District Office, or fror the Dapartrent's 24-hour answering sarrice for forts orders: 1-500-362-2050; services for taxpayers with special hearing and/or speaking needs: 1-600-447-3020 CTT only). ObJECT10NS: Arty party in interest not satisfied with the sppraiseront, allowance or disallowance of deductions ar assessrant of tax (including discount or interest) as shown on this Notice ^ay object within 6D days of the date of receipt of this notice by filing one of the fallowing, A) Protes# to the PA Dapartrent of Revenue, 3oard of Appeals. You ^ay object by filing a protest online at www.boardofapoeals~stata.oa.us an or before tfie expiration of the sixty-day appeal period. In order for an electronic protest to be valid, you rust receive a confirration nether and processed date fror the board of Appeals wvbsite. You ray also sand a written protest to: PA Devartrent of Rovenuv, board of Appeals. P.O. box 261021, Harrisbur9+ PA 17125-1D21. Fetitions ray not be faxed. 6) Election to have the ratter deterrined at the audit of the account of the personal representative. ADltiN- C) Appeal to the Orphans' Court. ISTRATLYE CORRECTIONS: Factual errors discovered on this assessrant should be addressed in writing to: PA Departront of Revenue. bureau of Individual Taxes, ATTN: Post Assessrant Review Unit. P.O. 6ax 260601. Harrisburg, PA 17128-0601 Phone (717) 767-6505. See page 4 of the booklet ''Instructions for Inheritance Tax Return for s Resident Decedent" (REV-1501) far an explanation of adrinistratively correctable errors. DISCOUNT: If arty tax due is paid within three {3) calendar wonths after the decedent's death, a five percent C5X) discount of the tax paid is allowed. PENALTY: Tha 35X tax arnvsty non-participation penalty is corputad on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax arnesty period. This non-participation penalty is appealable in the sere ^anner and in the the sere fire period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency, or nine C9) months and one (1) day fror the data of death, to the date of psyrent. Taxes which becare delinquent before January 1. 1462 bear intarost at the rata of six {6X) percent per anner calculated at a daily rate of .D00164. All taxes which bacare delinquent on and after January 1. 1482 will boar intarost at a rate which will vary fror calendar year to calendar year with that rata announced by the PA Dapartrent of Revenue. Ra#as for years 1952 through 1999 can be found in the Pennsylvania Resident Instruction Oooklet. (REV-1501), the Pennsylvania Non-resident Instruction Sooklat (REV-1736) or on the Pennsylvania Dept. of Rovonua web silo www.revenue.stato.ps.us. The applicable intarost ratrs for years 2000 through 2010 ores Intarast Daily Interest Daily Intarast Daily Year Rata Factor Year Rata Factor Yaar Rata factor 20DO 8Y. .000214 2001 9X .OD0247 2002 6X .ODOl64 2003 5X .000137 2004 4X .000220 20a5 5x .DD013T 2006 7X .000192 2007 BX .000219 2008 7X .D00192 2004 5X .000137 2010 4Y. .000110 --Intarast is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Kotice issued after the tax becores delinquent will rofleCt an interest calculation to fifteen C15) days beyond the data of the assessrant. if payrent is made after the interest corputation date shown on the Notice, additional interest must be calculated.