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HomeMy WebLinkAbout03-0520BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0401 PATRICI T NIXON 451SWATARA ST STEELTON CUT ALONG THIS LINE REV-1548 EX AFP ¢01-03) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTXCE OF ZNHERXTANCE TAX APPRAXSEIIENT~, ALLONANCE OR DXSALLONANCE OF DED_U__C?.Z_O_NS) AND ASSESSI~T OF TAX ON dOXNTL¥ HELD OR TRUST ASSETS i:i~::"~ ~ · ~ ~ DATE 06-25-2005 ~:: . : ' :~ ESTATE OF TORAU DATE OF DEATH 0-5-15-2002 FILE NUMBER '03 JUN 20 /:~11:39 COUNTY CUMBERLAND REV-IS48 EX AFP (01-05) VICTORIA SSN/DC 195- 07- 5054 ACN 02154.%85 Amount Remitted HAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 1701:5 RETAIN LOWER PORTXON FOR YOUR RECORDS NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS DATE 06-2:5-200:5 ESTATE OF TORAU VICTORIA DATE OF DEATH 05-15-2002 COUNTY CUMBERLAND FILE NO. S.S/D.C. NO. 195-07-5054 TAX RETURN NAS: (X) ACCEPTED AS FILED ( } CHANGED JOINT OR TRUST ASSET INFORMATION FINANCIAL INSTITUTION= ALLFIRST FINANCIAL SERVICES ACCOUNT NO. TYPE OF ACCOUNT: DATE ESTABLISHED ACN 021:54:585 00:50097:555 ( ) SAVINGS (~ CHECKING ( ) TRUST ( ) TIME CERTIFICATE 05-15-2002 Account Balance Percent Taxable Amount Subject to Tax Debts and Deduct/ohs Taxable Amount Tax Rate Tax Due TAX CREDITS .- PAYMENT RECEIPT DATE NUMBER INTEREST IS CHARGED THROUGH 07 12,092.82 1.000 12,092.82 .00 12,092.82 .15 1,81:5.92 NOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX PAYMENT TO THE REGISTER OF WILLS AT THE ABOVE ADDRESS. MAKE CHECK OR MONEY ORDER PAYABLE TO: "REGISTER OF WILLS, AGENT." r-~'~-'~'COUNT C+) - INTEREST/PEN PAID C-) 01-200:5 AT THE RATES APPLICABLE AS OUTLINED ON THE REVERSE SIDE OF THIS FORM AMOUNT PAID TOTAL TAX CREDIT BALANCE OF TAX DUE J INTEREST AND PEN. TOTAL DUE IF PAID AFTER THIS DATE, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. C ['F TOTAL DUE IS LESS THAN ~1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A *'CREDIT*' C CR~, YOU NAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. .°°l 1,81:5.92 :5:5.80 1,847.72 pURPOSE OF NOTICE: PAYNENT~ To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 25 of 2000. (72 P.S. Section Detach the top portion of this Notice and submit with your payment to the Register of Wills printed on the reverse side. -- Hake check or money order payable to~ REGISTER OF WILLS, AGENT. REFUND CCR)~ A refund of a tax credit, which was not requested on the tax return, may be requested by completing an ,'Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-I$1$)o Applications are available at the Office of the Register of Wills, any of the 23 Revenue District Offices or bY calling the special 24-hour answering service for fores ordering: 1-800-$&2-2050; services for taxpayers ~ith special hearing and or speaking needs: 1-800-447-$020 (TT only). OBJECTIONS: Any party in interest not satisfied ~ith the appraisement, allowance, or disallowance of deductions or assessment of tax (including discount or interest) as sho~n on this Notice may object ~ithin sixty C&O) days of receipt of OR this Notice by~ --written protest to the PA Department of Revenue, Board of Appeals, Dept. 281021, Harrisburg, PA 17128-1021, --electing to have the matter determined at the audit of the account of the personal representative, OR --appeal to the Orphans' Court ADMIN- of Revenue, ISTRATIVE CORRECTIONS~ Factual errors discovered on this assessment should be addressed in ~riting to: PA Department Bureau of Individual Taxes, ATTR: Post Assessment Revie~ Unit, DEPT. 280601, Harrisburg, PA 17128-0601 Phone C717) 787-6505. See page 5 of the booklet ,,Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid ~ithin three ($) calendar months after the decedent's death, a five percent C5%) discount of the tax paid is allowed. PENALTY: The 15Y. tax amnesty non°participation penalty is computed 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 amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you ~ould appeal the tax and interest that has been assessed as indicated on this notice. INTEREST= Interest is charged beginning ~ith first day of delinquencY, or nine C9) months and one (1) day from the date of death, to the date of payment. Taxes ~hich became delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .000164. All taxes ~hich became delinquent on or after JanuarY 1, 1982 ~ill bear interest at a rate which will vary from calendar year to calendar year ~ith that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2005 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Yea~ Rate Factor ~ - ~ 7% .006192 1982 20% .000548 1987 9% .000247 1999 1983 l&% .0004~8 1988-1991 11% .000501 2000 81 .000219 198~ 11% .000501 1992 9% .000247 2001 9% .0002~7 1985 15% .00055& 1993-1994 7% .000192 2002 &% .0001&4 1986 101 .000274 1995-1998 9% .000247 200~ 51 .000157 --Interest is calculated as follows: XNTEREST -- BALANCE OF TAX UNPAID X NUNBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date sho~n on the Notice, additional interest must be calculated.