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HomeMy WebLinkAbout11-15-11 (2)1505611188 ~. REV-1500 EX (02-t1)(FI) ~+ p8nnsylvanfa OFFICIAL USE ONLY PA Department of Revenue °`""TM`"'°`""""°` County Code Year File Number Bureau of Individual Taxes INHERITANCE TAX RETURN PO BOX 280801 Harrisburg, PA 17128-0807 RESIDENT DECEDENT ~ ( I ~ ~ c~o2 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 189 07 8721 D8 31 2011 11 16 1918 Decedent's Last Name Suffix Decedent's Frst Name MI Harrold Luella M (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's Frst Name MI spouse's social security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ~ 1. Original Retum O 2. Supplemental Retum O 3. Remainder Retum (Date of Death Prior to 12-13-82) O 4. Limited Estate O 4a. Future Interest Compromise (date of O 5. Federal Estate Tax Retum Required death after 12-12-82) ~ 6. Decedent Died Testate O 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (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 Schedule O) CORRESPONDENT -This section must be completed. AlI Correspondence and Confidential Tax Information Should be Directed to:" Name Daytime Telephone Number Robert E• Saidis, Esquire 717 243 6222 Frst Line of Address 26 West High Street Second Line of Address City or Post Office Carlisle State ZIP Code PA 17013 REGISTER~tt~lLS USE ONLY ?~ -., f, _~ ~~ ,-~ ..;3 '~ -..i .' ~-.. ;- DATE FILED ~. "' ~`~ °r _~ a 7 r; ..i correspondent's e-man address: rsaidisCcassr-attornevs.com Under penalties of perjury, I declarethatl ha examined this return, including accompanying schedules and statements, and tothe best of my knowledgeand belief, it is true, correctand plate. Declaration o the preparer atherthan personal representative is based on all information of which preparer has any knowledge. SIGNATUR ESPO R FILIN ETU N DATE Side 1 1505611188 1505611188 r~enst ust VMI(sINAL FORM ONLY J 1505611288 Rev-1500 EX (FI) Decedent's Name: L u e l l a M H e r r o l d Decedent's Social Security Number 18 9 0 7 8? 21 RECAPITULATION 1. Real Estate (Schedule A) ......................................... 1. 0 • 0 0 2. Stocks and Bonds (Schedule B) .................................... 2. D • D 0 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ...... 3, 0 • 0 0 4. Mortgages and Notes Receivable (Schedule D) ......................... 4, 0 • 0 0 5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E) ....... 5. D • 0 0 6. Jointly Owned Property (Schedule F) [~ Separate Billing Requested ...... 6. 11, 5 0 9. 2 4 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) D Separate Billing Requested ...... 7, D . D 0 8. Total Gross Assets (total Lines 1 through 7) ............................ g. 11, 5 0 9 •2 4 9. Funeral Expenses and Administrative Costs (Schedule H) .................. g, 2 , 9 9 4 •0 8 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ..... . ....... 10. 410 • 6 4 11. Total Deductions (total Lines 9 and 10) .............................. 11. 3 , 4 0 4 • 7 2 12. Net Value of Estate (Line 8 minus Line 11) ............................. 12, 8 ,10 4 • 5 2 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) ....................... 13. 0 • D 0 14. Net Value Subject to Tax (Line 12 minus Line 13) ....................... 14. 8 ,10 4 •5 2 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 .00 0 • 0 0 15. 16. Amount of Line 14 taxable at lineal rate X .045 8 ,10 4.5 2 1 s. 17. Amount of Line 14 taxable at sibling rate X .12 D • 0 0 17 18. Amount of Line 14 taxable at collateral rate X .15 0 • 0 0 18 19. TAX DUE ........................... ........................ . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 L 1505611288 1505611288 0.00 364.7D 0.00 0.00 364.70 f~ Rev-1500 EX (Fl) Page 3 Decedent's Complete Address: Flle Number DECEDENTS NAME Luella M. Herrold STREEfADDRESS 442 Walnut Bottom Road CITY STATE ZIP Carlisle PA 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) (1) 364.70 2. Credits/Payments A. Prior Payments 346.47 B. Discount 18.23 Total Credits (A + B) (2) 364.70 3. Interest (3) 0.00 a. 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. (q) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 0.00 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: a. retain the use or income of the property transferred .................................... Yes . ^ No b. retain the right to designate who shall use the property transferred or its income ............... . ^ c. retain a reversionary interest .................................................. . ^ 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? ...................................... . ^ 3. Did decedent own an'in trust tor" orpayable-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 peroent [72 P.S. Sect. 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. Sect. 9116(a)(1.1)(ii)]. The statue 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. Sect. 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. Sect. 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. Sect. 9116(a)(1.3)]. A sibling 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-1509 EX+(01-10) Pennsylvania DEPARTMENT OF REVENUE INH ERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY-OWNED PROPERTY ESTATE OF: FILE NUMBER: Luella M. Herrold If an asset became jointly owned wlthln one year of the decedent's date of death, It must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME(S) ADDRESS RELATIONSHIP TO DECEDENT A. Thomas E. Herrold 4205 Nantucket Drive Son Mechanicsburg, PA 17050 13. c. JOINTLY-OWNED PROPERTY: ITEM NUM. LETTER FOR JOINT TENANT DATE MADE JOINT DESCRIPTION OFPROPERTY.INCLUDENAMEOFFINANCIAL INSTITUTION AND BANK ACCT NUMBER OR SIMILAR IDENTIFYING NUMBER. ATTACH GEED FORJOINTLY-HELD REAL ESTATE. DATE OF DEATH VALUE OF ASSET %OF DECD'S INTEREST DATE OF DEATH VALUE OF DECEDENTSINTEREST 1 A 05/1998 Janney Montgomery Scott account 4195-8108 23,018.47 50.000 11,509.24 joint with Decedent's son, Thomas E. Herrold consisting of $15,000 General Motors Acceptance Corp due 12/15/18 $13,201.05 and $9,817.42 cash TOTAL (Also enter on Line 6, Recapitulation) I 11,509.24 If more space is needed, use additional sheets of paper of the same size. REV-1511 EX+~10-09) Pennsylvania SCHEDULE H Of.PARTMENT OF REVENUE FUNERAL EXPENSES AND INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENTDECEDENT ESTATE OF FILE NUMBER Luella M. Herrold Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1 David T. Zweier Funeral Home, Inc. 2,175.09 2 Skeeters Pit BBQ, funeral luncheon 203.99 B. ADMINISTRATIVE COSTS: 7. Personal Representative Commissions: Name(s) of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees 600.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees: 5. Accountant Fees: 6. Tax Return Preparer Fees: 7 Cumberland County Register of Wills, filing fee 15.00 TOTAL (Also enter on Line 9, Recapitulation) I 2,994.08 If more space is needed, use additional sheets of paper of the same size. REV -1512 EX+(12-08) Pennsylvania DEPARTMENT OP REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS FILE NUMBER Luella M. Herrold Report debts Incurred by decedent prior to death that remained unpaid at the date of death- Including ~~~~.~n,r,~~~a~ ~~~s~ e,..,e.,Q~ If more space is needed, insert additional sheets of the same size. REV-1513 EX+(01-10) pennsylvainia DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF: FILE NUMBER: Luella M. Herrold NUMBE NAME AND ADDRESS OF PERSONS RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not Ust Tru s AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and , transfers under Sec. 9116(a)(1.2).j Thomas E. Herrold Son 8,104.52 4205 Nantucket Drive Mechanicsburg, PA 17050 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 180E REV-1500 COVER SHEET, AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 913 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 73 OF REV-1500 COVER SHEET. It more space is needed, use additional sheets of paper of the same size. Estate Valuation Date of Death: 08/31/2011 Valuation Date: 08/31/2011 Processing Date: 10/20/2011 Shares Security or Par Description High/Ask Low/Bid 1) 15000 GENERAL MOTORS ACCEPTANCE CORP (3704AOEG3) Financial Times interactive Data DTD: 12/23/2003 Mat: 12/15/2018 6.25 Estate of: Luella Herrold Estate Report Type: Date of Death Number of Securities: 1 File ID: Herrold, Luella M. Estate Mean and/or Div and Int Security Adjustments Accruals Value 08/31/2011 86.68750 A/B 86.667500 Int: 06/15/2011 to 08/31/2011 Total Value: Total Accrual: Total: $13,201.05 13,003.13 197.92 $13,003.13 $197.92 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 7.1.0) IIN I~! 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