HomeMy WebLinkAbout06100COMMONWEALTH 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
MELLON BNY
PO BOX 193-0305
PHILADELPHIA, PA 19101-7899
fold
ESTATE INFORMATION: ssrv: oo0-00-0000
FILE NUMBER: 2150- 6100
DECEDENT NAME: JACOBSON DAVID R
DATE OF PAYMENT: 08/31 /2010
POSTMARK DATE: 08/26/2010
couNTY: CUMBERLAND
DATE OF DEATH: 03/ 17/ 1950
ACN
ASSESSMENT
CONTROL
NUMBER
AMOUNT
101 ~ 58,558.27
TOTAL AMOUNT PAID:
REMARKS:
CHECK#11302454
SEAL
INITIALS: CJ
RECEIVED BY:
58,558.27
GLENDA EARNER STRASBAUGH
REGISTER OF WILLS
REV-1162 EX(11-96)
NO. CD 013278
REGISTER OF WILLS
,/
BNY MELLON
BNY Mellon Wealth Management
August 26, 2010
Register of Wills
Cumberland County Courthouse
1 Courthouse Square
Carlisle PA 17013 X387
RE: Estate of David R Jacobson
DOD 03/17/50
Old File # 1630-16
Ladies and Gentlemen:
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Enclosed please find 2 copies of our Final Remainder Interest Inheritance Tax Return
along with our check in the amount of $8,558.27.
Please acknowledge receipt on the enclosed copy of this letter and return to me in the
envelope provided.
Sincerely,
~~~-
Robert G Chase
Tax Accountant
(215)553-1047
1735 Market Street, P.O. Box 7899, Room 193-0305, Philadelphia, PA 19101-7899
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1505610101
REV-1500 ~ (o~-lo, `:'
OFFICIAL USE ONLY
PA Department of Revenue P~~ia County Code Year File Number
Bureau of Individual Taxes INI•tERITANCE TAX RETURN ~j '~~~''~
PO BOX 2806oi a l ~O ~ ~ CJI.J
Harrisburg, PA ~~u8-o6os RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death MMDDYYYY Date of Birth MMODYYYY
3-17-SO
Decedent's Last Name Suffix Decedent's First Name MI
Jacobson David R
(If Applicable). Enter Surviving Spouse's Information Below
Spouse's Last Name
i Suffix Spouse's First Name MI
__. _ .
Spouse's Social Security Number
- THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW Final
O 1. Original Return O 2. Supplemental Return ~ 3. Remainder Return (date of death
_.. ____ _. prior to 12-13-82)
O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Return Required
death after 12-12.82)
O 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes
(Attach Copy of Wiil) (Attach Copy of Trust)
O 9. Litigation Proceeds Received O 10. Spousal Poverty Credit (date of death O 11. Election to tax under Sec. 9113(A)
between 12-31-91 and 1-1-95) (Attach Sch. O)
CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0:
Name Daytime Telephone Number
Robert G. Chase (215) 553-1047
• REGISTER OF WILLS USE ONLY
First line of address rv
_ _ _ _ _ ca
Bank of New York Mellon '_'.
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Second line of address P+1
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PO Box 7899-#193-0305 t~
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City or Post Office State ZIP Code
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Philadelphia PA 19101-7899 ~~
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CorrespondsnYs e-mail address: robert.chaseQbnyrnellon.com ~''
Under penalties of perry, I declare that I have examined this return, including accompanying schedules and statements, 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.
SIGNATURE OF PERSON RE ISLE FO FILING RN DATE
~! 6 --(d
A00 ESS
SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE
ADDRESS
PLEASE USE ORIGINAL FORM ONLY
L 1505610101
Side 1
1505610101
,~
REV-1500 EX
Decedent's Name:
1505610105
Decedent's Social Security Number
RECAPITULATION
1. Real Estate (Schedule A) ............................................. 1.
2. Stocks and Bonds (Schedule B) ....................................... 2.
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ..... 3.
4. Mortgages and Notes Receivable (Schedule D) ........................... 4.
5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E)....... 5.
6. Jointly Owned Property (Schedule F) O Separate Billing Requested ....... 6.
7. Inter-Vivos Transfers 8 Miscellaneous Non-Probate Property
(Schedule G) O Separate Billing Requested........ 7. 86, 482.65
8. Total Gross Assets (total Lines 1 through 7) ............................. 8. $6, 482.65
9. Funeral Expenses and Administrative Costs (Schedule H) ................... 9.
10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) .............. 10.
11. Total Deductions (total Lines 9 and 10) ................................. 11. 900.00
12. Net Value of Estate (Line 8 minus Line 11) .............................. 12. 85, 582.65
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) ........................ 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) ........................ 14. 85, 582.65
TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES __
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2) X .0 _ 15.
16. Amount of Line 14 taxable
at lineal rate X .0 _ 16.
17. Amount of Line 14 taxable
at sibling rate X .12 17.
18. Amount of Line 14 taxable
at collateral rate x . .10 85, 582.65 18. 8, 558.27
19. TAX DUE ......................................................... 19. $, 558.27
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O
Side. 2
L 150561015 1505610105 J
REV 1500 EX Page 3 File Number
Decedent's Complete Address:
DECEDENTS NAME
STREET ADDRESS
CITY I STATE ~ ZIP
Tax Payments and Credits:
1. Tax Due (Page 2, Line 19)
2. CreditslPayments
A. Prior Payments _
B. Discount
3. Interest
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Fill in oval 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.
(1) 8, 558.27
Total Credits (A + B) (2)
(3)
(4)
(5) 8, 558.27
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 :.................................................................................... ...... ^
b. retain the right to designate who shall use the property transferred or its income : ...................................... ...... ^
c. retain a reversionary interest; or .................................................................................................................... ...... ^
d. receive the promise for life of either payments, benefits or care? ................................................................ ...... ^
2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ........................................................................................................ ...... ^ 0
3. Did decedent own an "in trust for" or payable-upon-death bank account or security at his or her death? ........ ...... ^
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 Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is
3 percent [72 P.S. §9116 (a) (1.1) (i)].
For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S. §9116 (a) (1.1) (ii)j. 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 21 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 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 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 decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3)J. Asibling is defined, under
Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
REV.~s~o Ex• ~.aa~
COMMONWEALTH OF PENNSYlVAN1A .SCHEDULE ''G'
INHERITANCE TAX RETURN
RESIDENT DKEOENT TRANSFERS
Fig NuMSER
David R. Jacobson
THIS SCN WUI.E MUST dE COMPLETED AND fIIED IF THE ANSWER TO ANY OF THE QUESTIO NS ON THE REVERSE SIDE OF T HE COVER SHEET it YES.
ITEM
NUMBER
DESCRIPTION OF PROPERTY
( EXCLUSION TOTAL YALUE ( DECD.
OF ASSET ' % DOLLAR VALUE
OF DECEDENT'S
INT. INTEREST
1. The life tenant of the David R.
Jacobson Testamentary Trust, Salomon
Jacobson, died on 2-17-10. Assets
as of 2-17-10 per attached
statement. ~ 86,482.65
Please note that no distributions
have been made as of the date of
this return.
4
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~
__. _ ~.
_
TOTAL (Also ~nts- on ling 7, R~capitulotion) ~ S $6 , 4$2.65
(!f nwr~ spoc~ a nNd~d insorf odditiond sftwy of scn~ size.)
~ i
Date o€ Death: 02!17/2010
Valuation Date: 02/17/2010
Processing Date: 08/16/2010
Shares Security
or Par Description
1) 3332.04 CASH & CASH EQU2VALENTS (CASH)
2) 8399.052 BNY MELLON FDS TR (05569M657)
BALANCED FD M
Mutual Fund (as quoted by NASDAQ3
02/17/2010
Total Value:
Total Accrual:
Total: $86,482.65
Estate Valuation
Estate of: JACOBSON DAVID R. CO-T!W
Account: 10170197BN6
Report Type: Date of Death
Number of Securities: 2
File ID: 0197BN6
Mean and/or Div and Int Security
High/Ask Low/Bid Adjustments Accruals Value
9.90000 Mkt
3,332.04
9.900000 83,150.61
$86,482.65
$0.00
Page 1
This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions,
please contact EVP Systems at (818) 313-6300 or www.evpsys.com. (Revision 7.1.1)
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GOMMaNWEAtTM Of i~NNSYlVAN1A
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES,
ADMINISTRAtIVE COSTS AND
MISCELLANEOUS EXPENSES
Pleose Print or Type
ESTA?E Of FILE NUMISER
David R. Jacobson
ITEM DESCRlPT10N ~ ~ AMOUNT
NUMBER I
A. ~ Funeral Expen:ls: i
1. '
8. I Ad~ni~istrative Costs:
1. ~ Personol Rsprosentotive Commissions _
i •
C.
i
8
Sodal Security Number of Personal Representotiw:
Year Commissions paid -
2. Attorney Fee:
3. Family Exemption
CloimaM Relationship
Addross of Cloimcnt of decedent's death
Street Addross
City State Zip Code
4. Probate Fees
Miscello~eous Expenses:
1. BIVY Mellon -Tax Preparation Fee
900.00
TOTAL (Also enter on line 9, Recapitulation) ~ S 900.00
{If more space is needed, insert odditiooal sheep of •an:e size. )
~ ~ #EV~IS17 Ex• (2.q)
4~ ~ SCHEDULE J
COMMONWEAtTN a kNNSTIVANIA BE N E FI C IAR 1 ES
NWNMTANC! TA>T gTYRN
Mf~lM pEE:lOlftt
ESTATE OF
David R. Jacobson
FILE NUMBER
NUME;ER NAME AND ADDRESS OF BENEFICIARY RELATIONSHIP AMOUNT OR
SHARE OF ESTATE
A. ToxablE~ 8~gwsts:
1. Judith Magee Grandniece 1/2 Residue
2. Barbara Zimmerman Grandniece 1/2 Residue
NUlNI~ER NAME AND ADDRESS OP BENEFICIARY
B. ChoritobiEi and GovE~rnmE~ntal BE~qutsts:
1.
TOTAL CHARITABLE ANC GOVERNMENTAL BEQUESTS (Also sintE~~ on (in• 13, R~copitulotion)
I AMOUNT OR
SHARE OF ESTATE
(If n~eh spoco is nNdEid, i~sKf additional s1+E~ts of fOfl1ET si:o)
..
BUREAU OF INDIVIDUAL TAXES ~ - IN'HE~~ ONCE TAX
INHERITANCE TAX orvlsloN STATEMENT OF ACCOUNT
PO BOX 280601 ,
HARRISBURG PA 17128-0601 -` '" "~
,. ,
ROBERT G CHASE r` - --- `~°
BANK OF NEW YORK MELLON
PO BOX 7899-#193-0305
PHILADELPHIA PA 19101-7899
pennsylvania ~~
DEPARTMENT OF REVENUE i
REV-1607 EX AFP C12-09)
DATE 10-04-2010
ESTATE OF JACOBSON DAVID R
DATE OF DEATH 03-17-1950
FILE NUMBER 21 50-6100
COUNTY CUMBERLAND
ACN 101
Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
1 COURTHOUSE SQUARE
CARLISLE PA 17013
NOTE: To ensure proper credit to your account, submit the upper portion of this form with your tax payment.
CUT_ALONG THIS LINE _ ~ RETAIN LOWER PORTION FOR YOUR RECORDS _~ _ _ _ _
REV 1607 SEX AFP C12 09~ ~~~~~ *** INHERITANCE TAX STATEMENT~OF ACCOUNT ~ *** ~~~~ ~ ~~~ ~~~~ ~~~~~
ESTATE OF:JACOBSON DAVID R FILE NO.: 21 50-b100 ACN: 101 DATE: 10-04-2010
THIS STATEMENT PROVIDES CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. BELOW IS A SUMMARY OF THE PRINCIPAL
TAX DUE, APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 09-28-2010
PRINCIPAL TAX DUE:
.00
PAYMENTS (TAX CREDITS):
P DATE T I RNUMBER (INTEREST PENN PA D {-)I AMOUNT PAID
TOTAL TAX PAYMENT I .00
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE
.00
* IF PAID AFTER THIS DATE, SEE REVERSE SIDE 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.
,:.1i~
BUREAU OF INDIVIDUAL;TiAX~'S~ ~--~, ;. INHERITANCE TAX
~ i ';
INHERITANCE TAX DIVISION - ~ !:'STATEMENT OF ACCOUNT
PO BOX 280601 ~ ~
HARRISBURG PA 17128-0601 ~ ~ _ ,. ', ,.
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ROBERT G~ ~,~ ° ;",-; "~' ~
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BANK OF N 'W`~1~0'aK`'fiIEE`L0~•'~".
PO BOX 7899-#193-0305
PHILADELPHIA PA 19101-7899
Pennsylvania ~ ~
DEPARTMENT OF REVENUE
i
REV-1607 EX AFP C12-09)
DATE 11-29-2010
ESTATE OF JACOBSON DAVID R
DATE OF DEATH 03-17-1950
FILE NUMBER 21 50-6100
COUNTY CUMBERLAND
ACN 102
Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
1 COURTHOUSE SQUARE
CARLISLE PA 17013
NOTE: To ensure proper credit to your account, submit the upper portion of this form with your tax payment.
CUT ALONG THIS LINE _ _~_- RETAIN LOWER PORTION FOR YOUR RECORDS ~ _ _ _
REV X1607 SEX AFPr C12 09~ ~ ~ ~ *** INHERITANCE TAX STATEMENT~OF ~ACCUUNT ~~*** ~~~ ~~~~~~ ~~~~ ~~~~~
ESTATE OF:JACOBSON DAVID R FILE N0.:21 50-6100 ACN: 102 DATE: 11-29-2010
THIS STATEMENT PROVIDES CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. BELOW IS A SUMMARY OF THE PRINCIPAL
TAX DUE, APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PROJECTED INTEREST FIGURE.
DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 11-22-2010
PRINCIPAL TAX DUE:
8,558.27
PAYMENTS (TAX CREDITS):
P DATE T I RNUMBER (INTEREST/PEN PAID C-)I AMOUNT PAID I
08-26-2010 CD013278 ~ .00
8,558.27
TOTAL TAX PAYMENT 8,558.27
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE ~ .00
* IF PAID AFTER THIS DATE, SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST.
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM
FOR INSTRUCTIONS.
NOTICE OF INHERITANCE TAX
-" ,+/~rRaP~A-~.~EMENT, ALLOWANCE OR DISALLOWANCE
-,
BUREAU OF INDIVIDUAL TAXES _. -#
INHERITANCE TAX DIVISION ' I7F DEB' 'IONS AND ASSESSMENT OF TAX
PO BOX 280601 ;i~ - .. {yi ; ^~
HARRISBURG PA 17128-Ob01 "' .. .,
~~~~~' Q~~ -~ ~~ ILA D~
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ROBERT G CHAS~U ~~"- ,`,.';,f~,, ,~~--~, ` ~~
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BANK OF NEW YORK MELLON
PO BOX 7899-#193-0305
PHILADELPHIA PA 19101-7899
pennsylvan~a ~~ ~
DEPARTMENT OF REVENUE
REV-1547 EX AFP C12-09)
DATE 11-29-2010
ESTATE OF JACOBSON DAVID R
DATE OF DEATH 03-17-1950
FILE NUMBER 21 50-6100
COUNTY CUMBERLAND
ACN 102
APPEAL DATE: 01-28-2011
(See reverse side under Objections)
Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
1 COURTHOUSE SQUARE
CARLISLE PA 17013
RETAIN-LOWER-PORTION FOR
CUT ALONG THIS LINE ---
-------- YOUR RECORDS
-------------- ~
------
-----------------
--
------------------------
REV-1547 EX AFP C12-09) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF: JACOBSON DAVID RFILE N0.:21 50-6100 ACN: 102 DATE: 11-29-2010
TAX RETURN WAS: (X) ACCEPTED AS FILED C ) CHANGED
APPRAISED VALUE OF RETURN BASED ON: REMAINDER RETURN
1. Real Estate (Schedule A) C1) .0 0 NOTE: To ensure proper
(2) ,0 0 credit to your account,
2. Stocks and Bonds (Schedule B) submit the upper portion
3. Closely Held Stock/Partnership Interest (Schedule C) (3) .0 0 of this form with your
4. Mortgages/Notes Receivable (Schedule D) (4) .0 0 tax payment.
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) .0 0
6. Jointly Owned Property (Schedule F) (6) .0 0
7. Transfers (Schedule G) C7) 86,482.65
c8) 86 , 482.65
8. Total Assets
APPROV ED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) C9) 9 0 0.0 0
10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) .0 0
C11) 900.00
11. Total Deductions 582.65
85
12. Net Value of Tax Return C 12) ,
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) .0 0
14. Net Value of Estate Subject to Tax (14) 85,582.65
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 asses sed to date.
ASSESSMENT OF TAX:
15. Amount of Line 14 at Spousal rate C15) .0 0 X 0 2 = .0 0
16. Amount of Line 14 taxable at Lineal/Class A rate C16) _0 0 X 0 2 = .0 0
17. Amount of Line 14 at Sibling rate (17) .0 0 X 0 0 = .0 0
18. Amount of Line 14 taxable at Collateral/Class B rate (18) 85,582.65 X 10 = 8,558.27
19. Principal Tax Due (19)= 8,558.27
TAY f'RFTITTS
PAYMENT
DATE RECEIPT
NUMBER DISCOUNT (+)
INTEREST/PEN PAID C-) AMOUNT PAID
08-26-2010 CD013278 .00 8,558.27
TOTAL TAX PAYMENT 8,558.27
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" CCR), YOU MAY BE DUE
FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.
.. ~~