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HomeMy WebLinkAbout07-16-13 (2) � 1505611185 REV-1500 EX(02-11)(FI) pFflL1ALU5EONLY PAOepartmentofRevenue �ountyCoda Vear filaNumber 8ureauollneNWUeITe<es INHERITANCETAXRETURN 21 13 �050 PO BO%280601 Hattisburp,PA 7712B-OSat RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYVW Date of Birth MMDOrrrr 09262012 08011985 Decedenfs Last Name Suffiz DecedenYs First Name M I SARCONE JOHN J (If Applicable) Enter Surviving Spouse's Infortnation Below Spouse's Last Name Suffix Spouse's First Name M I Spouse's Social Securiry Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE - - REGISTER OF WILLS FILL IN APPROPRIATE BOXES BELOW � 1. Original Retum � 2. Supplemental Refum � 3. Remainder Retum(Date of Death Pnor to 12-13-82) ❑ 4. Limited Estate ❑ 4a. Future Inte2st Compromise(date M ❑ 5. Federal Estate Taz Retum Required death after 12-12-82) � 6. Decedent Dietl Testate � 7. Decedent Maintained a Living Trust � 8. Total Number of Safe Deposit Boxes (Attach Copy of Wilp (Attach Copy of Trust.) ❑ 9. Litigation Praceeds Received ❑ 10.Spousal Poverty Credit(Date of Death ❑ 11. Election to Tax under Sec.9113(A) Between 1231-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SEC710N MUSTBE COMPLETED.ALL CORRESPONDENCE AND CONFIOENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daylime Telephone Number DONNA M • MULLIN, CPA 717-761-7210 � REGISTER OF 1MLLS USE ONLY �� � n w � m Firsl Line W Address � � C � Q BOYER 8 RITTER CPAS m = � • � p Second Line of Address 7� n r ~ �n m r Z TT1 �j � O 211 HOUSE AVENUE z v_' � o 0 o cva tF -n -n City or Post Office � State 7JP Code n � � � � CAMP HILL PA 17�11 •°.� � � R' '9 N � O D �,,� ?1 correspondenese-mat�aedress: DMULLINaCPABR . COM UnEer penelties of pefury, I declere that I heve exeminetl tNS retum,intlu0ing eccompanyin8��ules anE stetements,enE tothe best of my knaMMge and Celiel, it is trve,carrect enE complere.Declaretlon of preperer ot�er than Ne pereon p�eswteth.e is baseO on ell informatlon of which preperer hes eny knvMedge. SIGNAlURE OF PFRSON RESPONSIBLE FOR FILING RERIRN I DATE DAVID M SARCONE � �✓ a��6 ��i ADDRESS 55 SOUTH PIN OAK DRIVE BOILING SPRINGS, PA 170�7 SIGNATUREOFPRFPARFR07HFR'fHANREPRESE�111VE —�^_ �%� r//n' �� �///� DONNA M MULLIN CPA ��, �-�'/� ADORESS BOYER & RITTER CPAS, 211 HOUSE AVE • CAMP HILL, PA 17�11 PLEASE USE ORIGINAL FORM ONLY Side 1 � 1505611185 1505611185 � OMaBa]3.000 J/� ^ �/Y II 1 ' W\il _% l� J 15�5611285 REV-1500 EX(FI) - DecedenYs Social Securiry Number o edenrsNam SARCONE JOHN J RECAPtTUtATtON t. RealEstate(Schedu�en) . . . . . . . . . . . . . . . . . . . . . . . . . . . . � 0 .00 Z. Stocks and Bonds(Schedute B). . . . . . . . . . . . . . . . . . . . . . . . . y. �. OQ 3. Closely Held Corporation,Partnership or Sol�Proprietwship(Schedule C), , , , , 3, ❑. �� � 4. Mortgages and Notes Receivable(Schedufe D) , , , , , , , , , , , , , , , , , 4. ❑• �� 5. Cash, Bank Deposits antl Miscellaneous Personal Property(SChedule E) , , , , , 5. 8�Q 9], • 0� 6. Jointly Owned Property(Schedule� � Separate Biliing Requested , , , , g. ❑.��Q 7. Inter-Vivos Transfere 8 Miscellaneous Non-Probate Property � (Schedule G) � Separate 8illing Requested . . . . 7. ❑- p Q 8. Total Gross Asets(tofal Lines 7 throuqh 7) . . . . . . . . . . . . . . . . . . 8. B�Q 91. 00 g. Funeral E�enses and Administrative Costs(Schedule H). . . . . . . . . . . . . g. 4 ,54�• 0� 10. Debts of Decedent, Mortgage Liabilities,and Liens(Schedule I) , , , , , , , , , �0. 1 S 4 • 0� 11. ToWI Deductions(total Lines 9 and YO), , , , , , , , , , , , , , , , , , , , , ��. 4,6 9 4 • 0 0 12. Net Value of Estate(Line 8 minus Line 1 t) , , , , , , , , , , , , , , , , , , , �2, 3�3 97• 0� 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an e�ection to tax has not been made(SchedWe d), , , , , , , , , , , , , , , , 13. 0. 0 0 14. Net Value Subject to Tarz(Line 12 minus Line 13) , , 14. 3,a 9� . o a TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES - 15.. Amount of Line 14 ta�oble at the spousal taxrate,or - � transfers un�er Sec.9116 (a)(tz)x.o_ p-p0 ts. 0.00 tfi. Amount of Line 14 �mble atlinea�ratex.o4� 3�398.0� is. 153. 00 17. Amount of L.ine 14 ta�ble atsiblingrateX.12 � ,�� �� 0. �0 18. Amount of Line 14 tarable atcollaterelrateX.15 � •�� 18. o. oa is. raxoue . . . . . . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . �s. 153-00 20. FILL IN THE BOX IF YOU ARE REQUES7iNG A REFUND OF AN OVERPAYM19ENT � ❑ Side 2 � 1505611285 1505611285 � OM4648 3.000 . REV-1500 E%(Fp Page 3 File Number Decedent's Complete Address: 21 13 0050 OECEDEM'S NAME SA CONE JOHN J STREEf ADDRESS CUMB AND cro srare ziP BOILING SPRINGS PA 17007- Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) t�) 15 3•�0 2. Credits/Payments � A.Prior Payments � •�� B. Discount � -�� Total Credits(A+g) (2) � •�� 3. Interest (3) � •�� 4. If Line 2 is greater than Line 1 +Line 3,enter the difference.This is the OVERPAYMENT. Fill in box on Page 2,Line 20 to request a refund. (4) � •�0 5. If Line 1 + �ine 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 15 3 •0 0 Make check payable to: REGISTER OF WILLS, AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN"X"IN THE APPROPRIATE BLOCKS 1. Ditl decedent make a transfer and: Yes No a. retain the use or income of the property transferretl . . . . . . . . . . . . . . . . . . . . . . . . � � b. retain the right to designate who shall use ihe property transferted or its income . . . . . . . . . . ❑ � c. retain a revereionary interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : � � d. receive the promise for IHe of either payments,benefRS or care? . . . . . . . . . . . . . . . . . 2. If tleath occurred after Dec. 12, 1982,did decedent trensfer property within one year N death without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � � 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death? . ❑ ❑X 4. Did decedent own an intlividual retirement account, annuity,or other norrprobate properry,which � ❑ contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IF iHE ANSWER 70 ANY OF THE ABOVE �UESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF TiE RETURN. _.�-c - s..s? wr; - ..�.r� -- _ z�S ..:.a - 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 lo or for the use of the surviving spouse is 3 percent[72 P.S.§9116(a)(1.1)(i)]. � Fm dates of death on or after Jan. 1, 1995, the tax rate imposed on the net vaWe oT transfers to or for the use of fhe surviving spouse is 0 percent [72 P.S.§9116 (a)(1.1)(ii)].The statute does not exempt a transfer to a surviving spouse from tax,and lhe statutory requirements for disclosure of assets and filing a taz retum are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July i,2000: • 7he tax rete imposetl on the net value of transfers from a tleceased chiltl 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.§9116(a)(12)]. • The tax rate imposed on the nef value of transfers to or for the use of the decedenPS lineal benefciaries is 4.5 percent,esept as noted in[72 P.S.§9716(a)(1)j. • The tau rate imposed on Ihe net value of transfers to or for the use of the decedenCs siblings is 12 percent[72 P.S.§9116(a)(1.3)]. A sibling is defined. under Section 9102,as an indivitlual who has at least one parent in common with Ihe decedent,whether by blood or adoption. oMae�i a.000 REV4508 E%.(Ob12) . pennsylvania SCHEDULE E °E'°""'�'roF�"'� CASH, BANK DEPOSITS 8 MISC. ��M'" PERSONALPROPERTY ESTATE OF: FILE NUMBER: John J. Sarcone 21 13 0050 IncWEe t�e pmceeOS M Iitlgetbn anA Ne tlate the proceeES�ere receM1eO Ey the eslate. � All ro e ointl owned with ri ht of survivorshf must be disclosed on ScheOule F. �M VALUE AT DATE NUMBFR DESCRIPIION OF DEATH 7. Personal property (computer, TV, apartment furniture, etc.) valued by Adminiatrator's estimate 1,550 2 Checking account �**9217 at Woodforest National Bank, PO Box 7889, The Woodlands, TX 77387-7889, valued as close out proceeds (copy of check attached) , which includea date of death balance and final pay deposited via direct EIDployer deposit. 1,372 3 2000 Nissan Maxima SE Sedan, 61,000 miles, good condition, Kelly Blue Book valuation attached. 6,726 4 Refund o£ Federal Income Tazes 443 TOTAL(Also enter on line 5.Recapil'ulation) S B,091 ]wa9AD 2.000 It more space is neetletl.use etltldional slleets o1 papM otthe same ske. REV4570 EX+(OB-09) � pennsylvania SCHEDULE G OEPARTMEMOF REVENUE INTER-VIVOS TRANSFERS AND INHERRANCE TAX RETURN MISC.NON-PROBATE PROPERTY RESIDEMOECEDEM ES7ATE OF FILE NUMBER John J. Sarcone 21 13 0050 This schedule must he completed antl filed if the answer to any of questions 1 Nrough 4 on page three of the REV-1500 is yes. DESCRIPIION OF PROPERiY IiEM nnine�uv.�or�mwxrw�.�wR�unoraNCrooccmeurnw DATEOFDEATH %OF�ECD'S IXCLUSION TAXABLE NUMBE 11E¢9lEOFlWVSHiAlTiD1TWWOFT£D�FORRFALESTFTE. VALUEOFASSET IMEREST FPPPI�CABLE VALUE �� Pennsylvania Psychiatric Institute Retirement Plan account #TT069277 00001 paid to decedent's parents, named as - death beneficiaries on the account. This employment benefit is excluded from taxation because the decedent was 27 years o£ age and did not have the right to plan benefits at the time of his death. A copy of the retirement account . summary for October 1, 2012 through December 31, 2012 is attached. 0 100.0000 0 0 TOTAL(Also enter on line 7,Recapitulation)$ 0 - If more space is needetl,use adtlitional sheets of pape�of ihe same size. 9 WJ6AF 2 000 REV45fl E%.lt(Fp.� pennsyivania SCHEDULE H c�arn�xroF�� FUNERAL IXPENSES AND ea�suwc�T,uc�n,RN ADMINISTRATIVE COSTS f�BdfR�OEM ESTATE OF FILE NUMBER John J. Sarcone 21 13 0050 Decedent's debts must be reported on Schedule I. fTEM NUMBER DESCRIPf10N � AMOUNT A. FUNERALEXPENSES: �. Hoffman—Roth Fwneral Home 3,881 B. ADMINISIRATNE COSiS: 1. Personal Representffiive Commissions: Name(s)of Personal Representative(s) Street Atltlress City Slate ZIP Year(s)Commission PaiC: 2. Atlomey Fees: 3. Family Exemplion:(If decedent's address is not the same as daimanYs,attach e�lanation.) . � Claimant Street Address City State LP � Relationship of Claimant to Decedent 4. Probate Fees: 109 5. AcwuntantFees: . 6. 7axRetumPreparerFees: � 550 7. None 70TAL(Also enter on Line 9,Recapitulation) S 4 540 gwesnG z.000 � ��more space is needed, use additional sheets of paper of ihe same size. REV.154 EX�(12-08) pennsylvania SCHEDULE I °�c"m"g'"roF a�"`� DEBTS OF DECEDENT, °'"�"'�r'ix"E""'" MORTGAGE LIABILITIES&LIENS fE510ENf0.ZEDEM ESTATE OF FILE NUMBER John J. Sarcone � 21 13 0050 RepoR debts Incurred by lhe decetlent prior to death that remaineE unpaid at the tlate d death,Including unreim6ursetl mediwl expenses. �M VALUE AT DATE MIMBER DESCRIPf10N OF DEATH �� Cumberland County Tax Bureau - final earned income tax return balance due . � 154 TOTAL Also enter on Line 10,Reca itulation S 154 ewasnn z.000 If more space is nee0etl,inseA atltlitional sheets of the same size. � REV-0513FX�(0740) SCHEDULE J pennsylvania °�"�"`�"`°F`�""E BENEFICIARIES INHERRANCETA%RETURN RESIDEMDECEDEM ESTATE OF: FlLE NUMBER: John J. Sarcone 21 13 0050 RFIATONSHIPTODECEDENT AMOUNTORSHARE . NUMBER NAMEANDADDRESS OF PERSON(S)RECEMNG PROPERN Do Not List Trustee(s) OF ESTATE 1 TAXABLE DISTRIBUTIONS�InGuEe wtright spousel EislrlEutbns entl transfe�s unCer Sec.9116(a)(1.2).] �. David M. Sarcone 55 Sovth Pin Oake Drive Hoiling Springs, PA 17007 08 of Residue: 1,699 Father 1,699 2 Linda D. Sarcone 55 South Pin .Oak Drive Boiling Springs, PA 17007 50B of Residue: 1,699 Mother 1,699 ENfER DOLLAR AMOUIdIS FOR DISIRIBUf10NS SHOWN ABOVE ON LINES 15 THROUGH iB OF REV-7500 COVER SHEET,AS APPROPRIATE. �� NON�TAXABLE OISTRIBUTIONS 0.SPOUSAL DISTRIBUilONS UNDFR SECiION 9113 FOR NMICH AN ELECTION TO TAX IS NOT TAKEN: 1. B.CHARRABLE AND GOVERNMENTAL DISTRIBUTIONS: 7. TO7A�OF PART 11•ENiER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. 5 0 gwasni z.aao �It more space is neetletl,use additional sheeis of paper ot Ihe same size. WOODFOREST� `'�yo�6�84 N A T I O N A L B A N K 332 Carfisle Walmart(332) P.O.BOx�8B9 M�m6vFOfC ICRomanoskie The Waadlanas,SX n389-'lB89 35-846 �, Purchaser: JOHN JOSEPH SARCONE ' (an)sseassz a Memo: Estate of account"'9217 � : � �3O V P'4Y One Thousand Three Hundred Seventy-One dollars and Eighty-One cents "*""""""""`"`""""" � a To rHe '$1,371.81' W ORDER OF Estate of John Joseph Sarcone, Deceased U � DATE THRU CASHIER'S CHECK NOTVALIDOVER'S1E3]BiH�N900AYS F�R MEMO * NOTNEGOTIABLE Kelley Blue Book Page 1 of 2 �� � t : >�`. ' "" ,. Kelley Blue Book meT��S«e a���re ; ��1 NISSAN � Innovetion that excites^' ���� � rssnn � 1 SNOPNOW ) Ys%Gow�N'vaanmm � br prat bW oHera - • � 1 � ' � wAraCS+ � Your Blue Book�Value , • �� 2000 Nissan Maxima SryAe:SE SNan 9D Mileage:63000 ! � � Private Party Value Excellent Vehide Highlights $5,101 Very Good MPG:Ciry 19/Hwy 25 Max Seating:5 $4,826 Doors:4 Engine:V6.3.0 Liter Gootl s'4,'726 Drivetrain:FVJD Transmission:ManuaL 5-Sptl Fair EPA Class:Midsize Cars Body Style:Sedan 54,151 Country of Ori9in:Japan Country ot Assembly:Japan Your Configured Options . .our me-mk�4a w�,wsea a,Npb�eqWV�n rw mm o.. JOptlms Mat you aEhtl wM�e canllgurtrq M�IS ar. Engirre ComtortemlCOnv¢nimce Fzterior V6,3A tJOer Nr ConOitlwtlnp Mat Spolltt Trensmiszfon Pwler Windows Wheels amI Tires / Manual,SSpC �r��s Alby Whetls Drhe4aln �^'���0^� FWD Steerinp Brekin8 anA Tracdan Power Sfcertng RBS(4Wheep Pn Wh¢¢I En4rlafnment antl InsW m¢ntatlon RH/FM SlerN U55ette W(SUwye rnsc) Safety a�M Sewriry Oual Nr Bat)s New Cars You Might Like ��- '�'� 2013 NI55an Ma�dma ' http://www.kbb.com/nissan/maxima/2000-nissan-maxi ma/se-sedan-4d/?category=&intent... 7/I 0/2013 Kelley Blue Book Page 2 of 2 ��, , �W� 2013 HyuMai Aze2 , '� 2013 Honda AccoM � Glossary of Terms � Kelley Blue Book�Trade-in Value-Tliis is the amount you wn ezpect to mcerve when yau Vade in . your car ro a dealer.This value is Getermined basetl on the sryle,conGitlon,mileage and optlons indiptetl. i � Kelley Blue BookB Private Party Value-This Is Ne startlng point for nego[iation of a usetl-or sale Getween a private buyer anA seller.This is an"as is"value that tices iwt irKluGe any warrantles.The final - pnce Gepeiks on ihe oYS actual<oMNOn antl lacal marke[faccors. �� � Ezcellent Contlitlon:3%of all wrs we value meet Mis cri�na.This rar looks new aM is in«cellent � � mechanical mndition.[t has�ver hatl paint or bodywwk antl has an interior antl body free of wear antl I , visible defects.The car is rust-free anC tloes not need remnGi[ionir�g.[LS tlean e�ine mmpartment is I ' tree of Huitl leaks.It alw has a clean dtle histary,has wmplete antl verifiaMe service mcords arM will � pass saFely anA srtag inspection. , Very Good ContliEOn:2?%of a0 cars we value mee[this aiteria.This or has minor wear or vlsible ! defects on Me boAy antl intenor but is in evicellent mxhanical mnditlon,requinng onry minimal � � recontlitloning.It ha5litUe to�ro paint an0 boGywork and is free of ms[.Its dean engine mmpartment is , '�. free of Fluid leaks.The tires mak�antl have 75°h or more of treatl.[t also has a dean tltle hisrory,wiM , � most service remrds available,antl will pass safery and smog inspecUOn. � � Good Contlitian:59%of all cars we value meet ihis cntena.This car Is hee of major mechanical - : pmblems but may neeC some rewntliUOning.Its paint and botlywork may mquire minor tou<Rups,with ' ' repaiable msmetic defects,arM its engine wmpartmenc may have miiwr leaks.There are minor botly ' sc2hhes or tlings aM minor interior blemishes,but no rust.The Hres ma[ch and have 50%or rtwre of tread.It alw has a tlean tltle history,with mme service mcords available,and will pass safety antl smog �� • inspectlon. ' . Fair Contlition:18%of ail wrs vre vaiue meet Ni5 aiMna.This mr has some mechaniol or rosmetic - dMec[s aM neetls servitlrg,but is stlll in wfe running condition antl has a tlean title history.me painp � , '�. botly anA/or in�nor may nee0 professiowl servidng.The tires may neetl repacing and Nere may be . wme repaimble rust damage. i ; . . . . .._.___-_' _ _. . i , m 1935-2�13 KeJley Bl�e Book Co�,Inc,qll rghGS mservetl. �3033 He//ey 9/ve 9ook Cn_Pc 2/I nghh reserve0]/C/30llJ/l 12013 ECrtim!or Fennry�renia llOO).➢re sOeuFC in/ormaoon nyulrM ro ' OPRimine tI'e v2/Ue/O�fM1i50drticula�ve�itle wa5 suppli¢tl by Me person gaM/dlinq[MS repoR Vehitle valua!lon5 dre opi^ions on0 mdV vdry/ipm vP/IK/G N vehlc(e.ARU3l vdludf�ons will vary ba5e0 Up0/i md/kP[[on�it�ons�Spxl/I(dfi0�15,vM/C/e[onOR�on o�Of�p�p1K/CY/dr nrtvmsfan[¢5 OP/�in¢nt [O fhi5 partit'ula�vel�i[lp Or fh¢hanuRion o�t�e pu2e5 N lhe 4dnsacfmn.This Rpart i5/nf¢nOetlloi Me lndrvitludlYS¢0/[M1e person g¢n¢rDNng(Ns '� report only antl sliall nof Oe sdC or[ransmittetl lo anoMerpatty Kelley Blue Book assumes M resPo^46iliry/or erNrs o/omissinns.(v.130J1) http://www.kbb.com/nissan/maacima/2000-nissan-maxima/se-sedan-4d/?category=&intent... 7/]0/2013 m � � f � F ° m � w <' m � � � � '< o �m � � m y o � . . . a � m � � m o m _ uyi ^ �' � � m ° ^ � m � n ai o H � Q � � � � m 3 � c c � n - D °i � � m � � o � � m w 3 3 0 � m � �+ � N �G � m `G � W N m C m j p � C 6 y � N Of C L) m � 0000,� ,cw mca3 � 3o, a � �c � wm > > mm � o � b � ' N � i � y p � _ � 0 m. 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