HomeMy WebLinkAbout05-05-06COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
~~„ ~~ ,. NOTICE OF INHERITANCE 7AX
BUREAU OF INDIVIDUAL ~~FJ C!~°~~-~,/~- I, JfPpRAISEMENT, ALLONANCE OR DISALLONANCE
INHERITANCE TAx 8IV18I8N _, ,,,~ ,, OF DEDUCTIONS AND ASSESSMENT OF TAX
P8 80X 280601 .. ,
NARRI56lxt6 PA 17128-0681
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G„~ ~ ~~~ _!'~T
WILLIAM L ~SUKDAY - „,
39 W MAIN ST
MECHANICSBURG PA 17055
REY-1547 EX AFP [06-05)
DATE 05-08-2006
ESTATE OF RINEHART IRENE E
DATE OF DEATH 07-01-2005
FILE NUMBER 21 05-0635
COUNTY CUMBERLAND
ACN 101
APPEAL DATE: 07-07-2006
(See reverse side under Objections
Amount Renitted
MAKE CHECK PAYABLE AND REMIT PAYMENT T0:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONC THIS LINE ~-i RETAIN LOWER PORTION FOR_YOUR RECORD8 ~
REV-1547 EX AFP (03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF RINEHART IRENE E FILE N0. 21 05-0635 ACN 101 DATE 05-08-2006
TAX RETURN HAS: (X) ACCEPTED AS FILED [ )CHANCED
RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Ral Estate (ScMduls A) i1) .00 NOTE: To insure proper
2. Stocks and Bonds [Schedule B) [2) 349,45 8.73 credit to your aoeount,
3. Closely )hld Stock/Partnership Interest (ScMdule C) [3) .00 subait tM upper portion
of this fora Mith your
4. NortpapesJNotes Receivable (Schedule D) (4) .00 tax paywent,
5. Cash/Bank Deposits/Vise. Parsornl Property (Schedule E) t5) 81.,23 4.35
6. Jointly OMned Property [Schedule F) [6) .00
7. Transfers (Schedule C) [7) 59,456.90
8. Total Assets [g) 490,149.98
APPROVED DEDUCTIONS AND EXEMPTIONS: 13,502 .27
9. Furnral Expenses/Adr. Costs/Misc. Expenses (SeMdula N) [9)
10. Debts/Mortyapa Liabilities/Liens (ScMdule I) (10) 1.91 7.46
11. Total Deductions (11) 15.419.73
12. Net Value of Tax Return 112) 474,730.25
13. Charitable/Coverneental Begryests; Non-elected 9113 Trusts (Schedule J) (13) 12,011.07
14. Net Valw of Estate Subiect to Tax (14) 462,719.18
NOTE: It an asses~srrt was issued previousl~l, lines 14, 15 and/or 16, 17, 18 and 19 will
reflect tigurss that include the totaii of LI~L returns assessed to date.
ASSESSMENT OF TAX:
15. Awount of Lirn 14 at Spousal rate (15) •00 X 00 = .00
16. Aaount of Lirn 14 taxable at Lineal/Clsss A rate t16) 462,719.18 X 045 = 20,822.36
l7. Aaount of Line 14 et Sibling rate (17) • 00 X 12 .00
18. Aaount of Lirn 14 taxable at Collateral/Clacs B rate [18) •00 X 15 = .00
19. Principal Tex Dw [19)= 20,822.36
DATE NUMBER INTEREST/PEN PAID (-) ~-+T PAID
09-23-2005 CD00 835 1,012.50 19,237. 0
03-23-2006 CD006466 ,00 572.36
TOTAL TAX CREDIT 20,822.36
BALANCE OF TAX DUE .00
INTEREST AND PEN. .00
TOTAL DUE .00
^ IF PAID AFTER DATE INDICATED, SEE REVERSE [ IF TOTAL DUE IS LESS THAN fl, NO PAYNENi IS REQUIRED. ~~
FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE
A REFUND. SEE REVERSE SIDE ~ THIS FDRM FOR INSTRUCTIONS.)
RESERVATION: Estates of decedents dying on or before Decesber 12, 1982 -- if any future interest in the eshh is transferred
in possessicn or anieysent to Class 8 (collateral) tgreficiaries of the decedent after the axpi retian of any eshta for
life or far Yprs, the Coaaonwalth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes
at the lerfulClass 8 (colleterol) rate on any such future interest.
PURPOSE OF
NOTICE: To fulfill the requirasents of Section 2140 of tM Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S.
Section 9340).
PAYMENT: Dehch the top portion of this Notice and subsit with your paynnt to the Register of Nills printed on the reverse side.
--Make cFwdc or coney order payable to: B:EGLSTEROFVYQ.L&,AGENT.
Failure to pay the tax, interest, and penalty due ny result in the filing of a lien of rewrd In the appropriate county,
err the issuance of an Orphen•s Court clhtion.
REFUND CCR): A refund of a tax credit, rhleh res net regwstod on the Tax Rahrn, say bo requested by caspleti~p an
^Appliwtian for Refund of Pennsy)wnia InMritance and Eshh Tax^ [REV-1313). Applications era awilabla
online at ~h.os.us, any Register of Nills or Rawnua District Dffiea, or Eros tM pepsrtsent•s
24-hour answr ngmrviee for foros orders: 1-800-362-2050; services for hxpeyara with speclsl hnring and/or
speelcing needs: 1-800-447-3020 CTT only).
OBJECTIONS: Mry party in interest not satisfied with the appreinnnt, sllorsnaa or dlsalloranca of deductions or asseswent of tax
[inc)uding discount or interest) as siwrn on this Notice ny obleat ritfiin 60 days of the doh of receipt of tfi is notice
by filing one Of the foiloring:
A7 Protest to the PA Oeparhant of Revenue, Board of Appeals. Vau say object by filing a protest online at
on or before the oxpiretion of the sixty-dsy appeal period. In order for
an electron c protest h be wlid, you oust receive a confiration nusbar and prooassad data Eros the
Board of Appeals rebel h. You say also sand a written protest to PA Deparhent of Ravvnua, Board of Appsals
P.O. Box 263021, Harrisburg, PA 17126-1021. Petitions say not W faxed.
B] Election to have the setter dehreined at the audit of the account of the personal raprasentetive.
AOMIN- C) Appeal to Me Orphans• Court.
ISTRATIVE
CORRECTIONS: Factual errors discovered on this assasssant should be addressed in rriting to: PA eaparhant of Ravanw,
Burnu of Individual Texas, ATTN: Past Assossnnt Rovier Unit, P.O. Box 260601, Harrisburg, PA 17128-0601
Phone [717) 787-6505. Sae papa 3 of the booklet ^Instructians for Inheritance Tax Return far a Resident
Decedent^ [REV-15617 for an explanation of ndsinistrat)vely correctable errors.
DISCOIBiT: If any tax due is paid rlthin three [3) calendar sonths after the decedent's death, a five porosnt [5X) discount of
tM tax pnid is allorad.
PENALTY: Tlw 15X tax. esnesty non-participation penalty is aosputed on the total of tlw tax and intarost assessed, and net
paid before January 18, 1996, tM first day after tM and of the hx esnesty Period. This non-PVticlpation
penalty is appeeleble in the saw canner and in the tM ease ties period as you would appeal the tax end Interest
that has been assessed as indicated on this notice.
INTEREST: Interest is charged beginning with first day of delinquency, err nine (9) sonths end o~w [1) dsy frog the data of
death, to the data of paysent. Taxes rh1N~ bacon delinquent before January 1, 1982 boar intarost et the rata of
six (5X) peroent par annul calculated at a daily rote of .000164. All hwa rhiah baron dal inqua[It on and after
January 1, 1982 rill beer interest at a rata rhich sill very frca calendar year to aelsndar ynr rith that rete
amouneed by the PA eeparhent of Revenue. Tha applic~la inhrast rates for 1982 through 2006 ero:
Intarast eerily Intarast OailY Intarast Daily
Year Rate Factor Year Rah Fwtor Y~; ~ Foc•~
t~ ~~ T~-1991 ~~
1983 15X .008438 1992 9X .000247 2002 5X .000164
1%4 11X .000301 1993-1994 7X .000192 2003 SX .000137
1985 13X .D00355 1995-19% 9X .000247 2004 4X .000110
1986 lOX .D00274 1999 7X .000192 2005 5X .000137
1987 9X .000247 2000 eX .000219 2005 7X .D00192
--Interest is calculated as fellers:
INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR
--Any Notice iswed after tM tax bacons delinquent will reflect an interest calculation to fifteen C15) days
beyond the doh of the assassnnt. If paysent is cede after the interest cwpuhtion data shorn on the
Notice, additional intarost oust bo talwlehd.