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HomeMy WebLinkAbout05-17-13 NUTICE OF INHERITANCE TAX ���� �QI1I1Sy�VaI1�a APPRAISEMENT, ALLDWANCE OR DISALLOWANCE BUREAU OF INDIVIDUAL TAXES OF DEDUCTIONS AND ASSESSMENT OF TAX DEPARTMENTOFREVENUE INHERITANCE TAX DIVISION �� � REV-1547 EX AFP (03-13) PO BOX 280601 HARRISBUR6 PA 17128-0601 �Vi_�r�`s . _ . F y' DATE 05-13-2013 3�� `Y, ;:� � "' ��.; Eda i" `. . ESTATE OF ZENTZ LINDA L �7 DATE OF DEATH 12-05-2011 ,`�`f ��C�� � r � � � i �-9 FILE NUMBER 21 11-1326 COUNTY CUMBERLAND SCOTT M DINNER ESQ %�..%�;�;�; ': • ACN 101 3117 CHESTNUT ST o;:,-:>���,^i� APPEAL DATE: 07-12-2013 ��� � ����`� � ` See reverse side under Ob ections CAMP HILL P�������4��� �� ( j ) Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 CUT ALONG THIS LINE � RETAIN LOWER PORTION FOR YOUR RECORDS � ------------------------------------------------------------------------------------------- REV-1547 EX AFP (02-13) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE dF: ZENTZ LINDA LFILE N0. :21 11-1326 ACN: 101 DATE: 05-13-2013 TAX RETURN WAS: C X) ACCEPTED AS FILED C ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) �1� 155,000. 00 NOTE: To ensure proper 2. Stocks and Bonds CSchedule B) Cz� 48,201 .78 credit to your account, . 00 submit the upper portion 3. Closely Held Stock/Partnership Interest CSchedule C) �3) of this form with your 4. Mortgages/Notes Receivable CSchedule D) (4) • 00 tax payment. 5. Cash/Bank Deposits/Misc. Personal Property CSchedule E) (5) 4 9,4 64.6 2 6. Jointly Owned Property CScheClule F) �6� .00 7. Transfers (Schedule G) ��� 39,619.97 s. Total Assets cs) 292,286.37 APPROVED DEDUCTIaNS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses CSchedule H) �9� 14.894.85 10. Debts/Mortgage Liabilities/Liiens (Schedule I) (lp) 1 .228.74 11. Total Deductions �11� 16,123.59 12. Net Value of Tax Return �lp� 276,162.78 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts CSchedule JJ �lg� .00 14. Net Value of Estate Subject t:o Tax �14? 276�162.78 NOTE: If an assessment was issued previously, Lines 14, 15, 16, 17, 18 and/or 19 will reflect figures that include the total of all returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at spousal rate (15) . 00 X 00 - .00 16. Amount of Line 14 taxable at lineal rate (16) ���•���-�R X 045 = 12,427.33 17. Amount of Line 14 at sibling rate (17) _00 X 12 = .00 18. Amount of Lir�e 14 taxable at collateral rate (18) .00 x 15 = .00 19. Principal Tax Due ci9�= 12,427.33 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 02-11-2012 CD015581 621 .37 12,000. 00 TOTAL TAX PAYMENT 12,621 .37 BALANCE OF TAX DUE 194.04CR INTEREST AND PEN. .00 TOTAL DUE 194.04CR � + IF PAID AFTER DATE INDICATED, SEE IREVERSE IF TOTAL DUE IS REFLECTED AS A CREDIT (CR), YOU MAY BE DUE FOR CALCULATION OF ADDITIONAL INTEIREST. A REFUND. SEE REVERSE SIDE FOR INSTRUCTIONS. ,% RESERVATION: Estates of decedents dying on or before Dec. 12, 1982-if any future interest in the estate is transferred in possession or enjoyment to collateral beneficiaries of the decedent after the expiration of any estate for life or years;the Commonwealth hereby expressly reserves the right to appraise and assess transfer inheritance taxes at the lawful collateral rate on any such future interest. PAYMENT: Detach the top portion of this notice and submit with your payment to the Register of Wills Indicated on the front of the notice. Make check or money order payable to:REGISTER OF WILL,AGENT. REFUND(CR): A refund of a tax credit not requested on the tax return may be requested by completing an Application for Refund of Pennsylvania lnheritance and Estate Tax(REV-1313). Applications are available from the departmenYs web site at www.revenue.state.pa.us,any Register of Wills or Revenue District Office,or from the department's 24-hour forms ordering service: 1-800-362-2050;services for taxpayers with special hearing and/or speaking needs: 1-800-447-3020(TT only). Please allow 4-6 weeks from the date a refund was granted to arrive. OBJECTIONS: Any party in interest not satisfied with the appraisement,allowance or disallowance of deductions,or assessment of tax (including discount or interest)as shown on this notice may object within 60 days of the date of receipt of this notice by: A) Filing an appeal online at www.boardofa�peals.state.pa.us on or before the appeal date identified on the front of this notice. Or sending a written protest to:PA Department of Revenue,Board of Appeals,PO BOX 281201, Harrisburg PA 1 71 28-1 021; B) Having the matter determined at audit of the account of the personal representative;or C) C)Appealing to the Orphans'Court. ADMINISTRATIVE Errors discovered on this assessment should be addressed in writing to:PA Department of Revenue, Bureau of Individual CORRECTIONS: Taxes,ATTN:Post Assessment Review Unit,PO BOX 280601, Harrisburg PA, 17128-1021,Phone(717)787-6505. See page 4 Instructions for Inheritance Tax Return for a Resident Decedent(REV-1501)for an explanation of administratively correctabie errors. DISCOUNT: If any tax due is paid within three calendar months after the decedenYs death,a five percent discount of the tax paid is allowable. INTEREST: Interest is charged beginning with first day of delinquency,or nine months and one date from date of death,to the date of payment. Annual interest rates are available on Form REV-161 t,available at www.revenue.state.pa.us,or upon rquest by calling 1-888-728-2937. Interest is calculated as follows: INTEREST=BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR Any Notice issued after the tax becomes delinquent will reflect an interest calculation to 15 days beyond the date of the assessment. If payment is made after the interest calculation date show on the Notice,additional interest must be calculated.