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BUREAU OF INDIVIDUAL TAXES ~';~:-~~'~'`'Jt•ALLOWANCE OR DISALLOWANCE DEPARTMENT OF REVENUE
INHERITANCE TAX DIVISION °~~,1~';:}~~"'^JD'~D~~~ONS AND ASSESSMENT OF TAX REV-1547 EX AFP C12-09)
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ESTATE OF WATKINS MARGARET M
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KEITH O BRENNEMAN~~~~~.~ ~., P~.
44 W MAIN ST
MECHANICSBURG PA 17055
DATE OF DEATH 01-17-2010
FILE NUMBER 21 10-0085
COUNTY CUMBERLAND
ACN 101
APPEAL DATE: 11-05-2010
(See reverse side under Objections
Asount Re~itted
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
1 COURTHOUSE SQUARE
CARLISLE PA 17013
CUT ALON_6 THIS LINE _ ~ 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: WATKINS MARGARET MFILE N0.:21 10-0085 ACN: 101 DATE: 09-06-2010
TAX RETURN WAS: C ) ACCEPTED AS FILED [ X) CHANGED $EE ATTACHED NOTICE
APPRAI SED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate [Schedule A) (1) 107,500.00 NOTE: To ensure proper
2. Stocks and Bonds (Schedule B) (2) 14,505.04 credit to your account,
3. Closely Held Stock/Partnership Interest [Schedule C) C3) .0 0 submit the upper portion
of this form with your
4. Mortgages/Notes Receivable (Schedule D) C4) •0 0 tax payment.
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) C5) 195, 681.98
6. Jointly Owned Property [Schedule F) (6) 4 2 3.5 5
7. Transfers (Schedule G) (7) .0 0
8. Total Assets (8) ___ 318,110 .57
APPROV ED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) C9) 2 3.5 7 6.17
10. Debts/Mortgage Liabilities/Liens (Schedule I) C10) 1,4 4 3.55
11 . Total Deductions C11) 25, 019.72
12. Net Value of Tax Return {12) 293, 090.85
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts [Schedule J) C13) .0 0
14. Net Value of Estate Sub3ect to Tax C14) 293, 090.85
NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will
reflect figures that include the total of ALL returns assessed to date.
ASSESSMENT OF TAX:
15. Amount of Line 14 at Spousal rate C15) .00 X 00 = .00
16. Amount of Line 14 taxable at Lineal/Class A rate C16)_ ?9.?66.7 X 045 = 1,317.00
17. Amount of Line 14 at Sibling rate (17)_ _ 00 X 12 = . 00
18. Amount of Line 14 taxable at Collateral/Class B rate C18) 263,824.12 X 15 = 39,573.b2
19. Principal Tax Due (19)= 40,890.62
TAX CREDITS:
PAYMENT
DATE RECEIPT
NUMBER DISCOUNT C+)
INTEREST/PEN PAID C-) AMOUNT PAID
04-14-2010 CD012611 2,044.53 45,675.00
TOTAL TAX PAYMENT 47,719.53
BALANCE OF TAX DUE 6,828.91CR
INTEREST AND PEN. .00
TOTAL DUE 6,828.91CR
* 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.
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INHERITANCE TAX
EXPLANATION
OF CHANGES
DECEDENTS NAME FILE NUMBER
Margaret M. Watkins 2110-0085
REVIEWED BY ACN
Sheila Megonnell 101
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
F Jointly-Owned Accounts are taxable outright to the beneficiary before determining
residue.
J I 1
Changed tax rate from 15 percent to 4.5 percent since a stepson is a lineal beneficiary.
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