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HomeMy WebLinkAbout04-0746 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT DECEDENTS NAME (LAST, FIRST, AND MIJ~DLE ~NITIAL) DATE OF DEATH (MM-DD-YEAR) DATE Of BIRTH (MM-DD-YEAR) OFFICIAL USE ONLY FILE NUMBER COUNTY COOE YEAR NUMaER SOCIAL SECURITY NUMBER - THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NU~BF~ z 4. Limited Estate r~6. Decedent Died Testate (At,ch ~py of Will) [~9. Litigation Proceeds Received E~]2. Supplemental Return E~4a. Future Interest Compromise (date of death after 12-12-~2) [~7. Decedent Maintained a Living Trust (A~ch ~opy or Tr~st) E~5. Federat Estate Tax Return Required 8. Total Number of Safe Deposit Boxes ~'-] 11. Election to tax under Sec. 9113(A) (^~c~ IFIRM NAME {IfAp~able) TELJ~PHO~E NU~4BER 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Propdetarship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposita & Miscellaneous Personal Propor~ (5) (Sch~ule E) 6. Jointly Owned Property (Schedule F) {6) [~] Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule 1) (10) lt. Total Deductions (tatal Lines 9 & 10) 12. Net Value of Estate {Line 8 minus Line lt) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Scbedu}e J) . 14. Net Value Subject to Tax (Line 12 minus Line 13) (11) (12) (13) (14) OFFICIAL USE ONLY SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(12) x .0 16. Amount of Line 14 taxable at lineal rate x .0 (18) (16) 17. Amount of Line 14 taxable at sibling rata x .12 (17) 18. Amount of Line 14 taxable at collateral rate x .15 (18} 19. Tax Due (19) Decedent's Complete Address: ISTREETADDRESS ~ Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Cmdita/Paymenta A. Spousal Poverty Credit B, Prior Payments C, Discount Total Credits ( A + B + C ) 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty ( D + E ) 4. if Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page I 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, A. Enter the interest on the tax due. (1) (2) (3) (4) (5) (5A) B, Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) 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 premise for life of either payments, benefits or care? ...................................................................... [] 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? .............. [] 4. Did decedent own an Individual Retirement Ascount, annuity, or other non-prebate 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. U~der penalties of paf~ury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my Imowledge and belief, it is tie, correct and complete, Declaration of preparer other than the personal represe~tstive is based on all information of which preparer has any knowledge. SIGNAT~J~E OF PERSON RESPON~ FO~G R~U~R~_~ ~-DDRESS ..-, , / ~ - ~ SIGNATURE OF ~REPAR~R ~R~H~N REPRESENTATIVE DATE DATE ADDRESS 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 3% [72 P.S. §9116 la) (1,1) (i)]. For dates of death on or after January 1, 1995, the tax rste imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. §9116 la) (1,1) (ii) The statute does not exemat a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return ars still applicable even 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 Eom a deceased child twenty-one years of age or younger at death to or for the use of a natural parsnt, an adoptive paren or a stepparent of the child is 0% [72 ES. §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%, except as noted in 72 RS. §9116(12) [72 RS. §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% [72 P.S. §9116(a)(1,3)]. A sibling is defined, under Section 9102, as al individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1503 EX+ (6-98~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE B STOCKS & BONDS FILE NUMBER All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER OF DEATH 1. DESCRIPTION TOTAL (Also enter on line 2, Recapitulation) $ ~,~'"~__~, ~ (If more space is needed, insert additional sheets of the same size) COMMOt,~NEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE E CASH, BANK DEPOSITS,& MISC. PERSONALPROPERTY 'FILE NUMBER Include the proceeds of I~galJon and the date the proceeds were received by the ~tete. All proper~ jointly-~wned vath the right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE Of DEATH TOTAL {Also enter on line 5, Recapitulation) i $ ~ 9~- ~ (If more space is needed, insert additional sheets of the same size) REV-1513 EX+ (9-00} COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List True~e(e) OF ESTATE ! 1. 1. TAXABLE DISTRIBUTIONS [include outright spousal distribLstions, and transfers under Sec. 9116 (~[) (1.2)] ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART [! - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space is needed, insert additionel sheets of the same size) BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DTVXSION DEPT. Z80601 HARRTSBURG, PA 171Z8-0601 SANDRA S BALAT $$$ W RIDGE ST CARLISLE COHMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLO#ANCE OR DISALLO#ANCE OF DEDUCTIONS AND ASSESSMENT OF TAX REV-1S47 EX AFP (01-03) '04 L]gl' t 3 PA 17015 DATE ESTATE OF DATE OF DEATH FILE NUMBER r6COUNTY 10-11-ZOOq BALAT 06-Zq-200~ 21 0~-07q6 CUMBERLAND 101 Amount RBei t'l:ed ARTHUR M MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THZS LINE ~ RETAZN LOWER PORTION FOR YOUR RECORDS REV-15q7 EX AFP (01-03) NOTICE OF ZNHERZTANCE TAX APPRAISEMENT, ALLOWANCE OR DZSALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF BALAT ARTHUR MFZLE NO. 21 0q-07~6 ACN 101 DATE 10-11-200~ TAX RETURN #AS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) $. Closely Held Stock/Partnership Interest (Schedule C) ($) ~. Nortgages/Notes Rece/vable (Schedule D) (~), 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 6. JoAntly Owned Property (Schedule F) (6) 7. Transfers (Schedule G) (7) 8. Total Assets APPROVED DEDUCTIONS AND EXEHPTZONS: 9. Funeral Exponses/Adm. Cos~s/Hisc. Expenses (Schedule H) (9) 10. Debts/Mortgage LiebilAtles/LAens (Schedule I) (10) 11. Total DeductAons 12. Nat Value of Tax Re*urn 15. Charitable/Governmental Bequests; Non-elected 9115 Trusts (Schedule J) Nat Value of Estate Subject to Tax .00 $56.00 .00 .00 ~$~9q9.25 .00 .00 (8) .00 .0O NOTE: To insure proper credit to your account, submit the upper portAon of this form with your tax payment. NOTE: reflect figures that include the ~otal of ALL returns assessed to date. ASSESSHENT OF TAX: 15. Amount of LAne 1~ at Spouse1 rata 16. Amount of Line lq taxable at Lineal/Class A rata 17. Amount of LAne lfi at SAbling rate 18. Amount of L/ne 1~ taxable at Collateral/Class B rata 19. PrAnci}al Tax Due TAX CREDITS PAYMENT RECE/PT DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID (-) (15) qq,$O5.Z5 x O0 : .00 (16) .00 x Oq5 = .00 (17) .00 x 12 : .00 (18) .00 x 15 : .00 (19)= . O0 AMOUNT PAID IF PAID AFTER DATE INDICATED~ SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. TOTAL TAX CREDZT BALANCE OF TAX DUE ZNTEREST AND PEN. TOTAL DUE .O0 .00 .00 .00 ( IF TOTAL DUE XS LESS THAN $1, NO PAYMENT IS RE;)UIRED. If an assessment was issued prev/ously, lines 14, 15 and/or 16, 17, 18 and 19 wlll IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE t[,~ . A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) (11) . tiff (12) qq,305.25 (x$) . O0 (1~) qq,$05.25 qq,$05.25 RESERVATION: PURPOSE OF NOTICE: PAYMENT: REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: DISCOUNT: PENALTY: INTEREST: Estates of decedents dying on or bafora December 11, 1981 -- if any futura intarest in the estate is transfarrad in possession or anjoyaent to Class S (collateral) baneficiaries of the decedent after the expiration of any estate for life or for years, the Coaaoneealth hereby axpressly reserves the right to appraise and assess transfer Inheritance Taxes at tha laaful Class B (collateral) rate on any such futura interest. To fulfill tha requirements of Section 2140 of tha Inheritanca and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). Detach tha top portion of this Notice and submit with your payment to the Register of Nills printed on the reverse side. --Make check or money order payable to: REGISTER OF #ILLS, AGENT A rafund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritanca and Estate Tax" (REV-13I$). Applications are availabla at the Office of the Register of Mills, any of tha 23 Revenue District Offices, or by calling the special Z4-hour ansaerJng service for forms ordering: 1-800-36Z-ZO50; services for taxpayers aith special haaring and / or speaking needs: 1-800-447-3010 (TT only). Any party in intarast not satisfied aith the appraisement, alloaance, or disallowance of deductions, or assessment of tax (including discount or interest) as sheen on this Notica must object within sixty (60) days of receipt of this Notice by: --written protest to fha PA Dapartdnent of Revanua, Board of Appeals, Dept. ZDIOZ1, Harrisburg, PA 171Z8-1011, OR --election to have the matter determined at audit of the account of tha personal representativa, OR --appeal to the Orphans' Court. Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Raviaw Unit, Dept. Z80601, Harrisburg, PA 1711D-0601 Phone (717) 787-6505. Sam page 5 of fha booklat "Instructions for Inheritanca Tax Return for a Rasident Decedent" (REV-1501) for an axplanation of administratively correctable errors. If any tax dua is paid within three (3) calendar months after tha decadent's death, a riva percent (51) discount of the tax paid is allowed. Tha 15Z tax amnesty non-participation penalty is computed on tha total of the tax and interest assessed, and not paid before January 18, 1996, tha first day after the and of tha tax amnesty pariod. This non-participation panalty is appaalabla in fha same manner and in tha the same tiaa period as you would appaal tha tax and interast that has been assessed as indicated an this notica. Interest is charged beginning eith first day of dalinquancy, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1981 bear interest at the rate of six (61) percent par annum calculated at a daily rate of .000164. All taxes which became dalinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. Tha applicabla interest rates for 1981 through Z004 are: Interest Daily Interast Daily Year Rate Factor Year Rate Factor ~ 207. .OO05q8 1988-1991 117. .000301 1983 Z6Z .000438 1992 91 .000147 1964 llZ .O0030X 1993-1994 71 .O00lgz 1985 137. .0003S6 1995-1998 9Z .000247 1986 lOZ .000274 1999 72 .000192 1987 101 .O00Z7q Z000 71 .O00Zgz --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID Interest Daily Year Rate Factor 2001 91 .000Z47 ZOOZ 6Z .D00164 2003 51 .000137 2004 41 .000110 X NUHBER OF DAYS DELINQUENT X DALLY INTEREST FACTOR --Any Notica issued after the tax becomes dalinquant will raflect an interest calculation to fiftaan [15) days beyond tha date of tha assassmant. If payment is made after the intarast computation date shown on tha Notice, additional interest must be calculated.