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INHERITANCE TAX pennsylvania. a~
BUREAU OF INDIVIDUAL TAXES (n`'I-; k{ [ ORD ADJUSTMENT DEPARTMENT OF REVENUE
INHERITANCE TAX DIVISION r~FC~.! .I~I fIIL REV-1593 EX AFP (12-11)
PE 'O BOX 280601 ~1~~„
HARRISBJRG PA 17128-0601
y Il AUG 13 H 12: 22 DATE 07-31-2012
ESTATE OF VOCHEK RICHARD A
DATE OF DEATH 03-27-2008
FILE NUMBER 21 08-0630
COUNTY CUMBERLAND
CUMQERl.MD CO., PA ACN 101
GERALD P NEUGEBAUER JR Amount Remitted
1224 W 2ND ST
CRESSON PA 16630-1008 MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
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-1593 EX AFP (12-11) INHERITANCE TAX RECORD ADJUSTMENT
ESTATE OF:VOCHEK RICHARD A FILE NO. :21 08-0630 ACN: 101 DATE: 07-31-2012
ADJUSTMENT BASED ON: ADMINISTRATIVE CORRECTION
VALUE OF ESTATE:
1. Real Estate CSchedule A) (1) 158,478.00
2. Stocks and Bonds (Schedule B) (2) .00
3. Closely Held Stock/Partnership Interest (Schedule C) (3) .00
4. Mortgages/Notes Receivable (Schedule D) (4) .00
5. Cash/Bank Deposits/Misc. Personal Property CSchedule E) (5) 6,792.28
6. Jointly Owned Property (Schedule F) (6) .00
7. Transfers (Schedule G) (7) .00
8. Total Assets C8)
165,270.28
DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Administrative Costs/
Miscellaneous Expenses CSchedule H) (9) 43,760.50
10. Debts/Mortgage Liabilities/Liens CSchedule I) (10) 44,858.04
11. Total Deductions (11) 88,618.54
12. Net Value of Tax Return C12) 76,651.74
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts CSchedule J) (13) .00
14. Net Value of Estate Subject to Tax C14) 76,651.74
TAX:
15. Amount of Line 14 at Spousal rate C15) 00X.00 = .00
16. Amount of Line 14 taxable at Lineal/Class A rate (16) .00X.045= .00
17. Amount of Line 14 at Sibling rate (17)
76,651.74X.12 = 9,198.21
18. Amount of Line 14 taxable at Collateral/Class B rate C18) -00X.15 = .00
19. Principal Tax Due
(19) 9,198.20
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT
AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID
09-08-2010 CDO13332 720.98- 11,642.57
11-08-2010 SBADJUST .00 1.18
TOTAL TAX PAYMENT 10,922.77
BALANCE OF TAX DUE 1,724.57CR
INTEREST AND PEN. .00
TOTAL DUE 1,724. 7CR
* IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE
FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
REV-1470 EX (01-10)
pennsy vania INHERITANCE TAX
DEPARTMENT OF REVENUE EXPLANATION
BUREAU OF INDIVIDUAL TAXES OF CHANGES
PO B 280601
H I B ox A 17128-0601
DECEDENT'S NAME FILE NUMBER
Richard A Vochek 2108-0630
REVIEWED BY ACN
Ross Garrett 101
ITEM
SCHEDULE NO, EXPLANATION OF CHANGES
A Section 2121(a) of the Inheritance Tax Act of 1991, 72 P.S. § 9121(a), states the valuation
date shall be the date of the transferor's death. The Department regards an arms-length
sale within fifteen (15) months of the decedent's death to be a good indicator of fair market
value. A complete, detailed, professional appraisal valuing real property at date of death is
also considered as evidence. Absent either a sale or an appraisal, the Department has
utilized the "computed value" approach based on the yearly findings of the State
Equalization Tax Board. As the sale of the real estate took place more than fifteen (15)
months after the decedent's death, it is too long after death for the sales price to be a good
indication of fair market value at the time of death.
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