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HomeMy WebLinkAbout07-12-13 s . NOTICE OF INHERITANCE TAX � pennsylvania BUREAU oF INDIVIDl1AL iqxES '4PPRAISEMEN7, ALLOWANCE OR DISALLOWANCE INHERITANCE TAX DIVISIUN OF DEUUCTIONS AND ASSESSMENT OF TAX DEPARTMENT�FREVENUE PO BOX 280601 REV-1547 IX AFP (03-13) HARRISBURG PA 17128-0601 RECORDe 13 Uf=FICE OF` nare o�-oe-zoia REGIST�1� OF I��IL�_S ESTATE OF MCGOWAN JR JAMES 8 DATE QF DEATH 10-08-2012 j�13 ���. i2 P�1 2 23 FILE NUMBER 21 12-1137 COUNTY CUMBERLAND LISA MARIE COYNE ESQ.h.,f� �� pCN 101 3901 MARKET ST GLt pPpEAL DATE: 09-06-2013 CAMP HILL oRa,�,ar��o�2aur��r (SeereversesideunderObjections) CUMBERLA�D CO., �� pmount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SqUARE CARLISLE PA 17013 CUT ALONG THIS LINE ____ � RETAIN LOWER PORTIDN FOR YOUR RECORDS !� ---"-'---'---'-'--- -------'---'--"'-"-"--'-'-'-"'-'----'-'-'-' REV-1547 EX AFP (02-1SJ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTION5 AND ASSESSMENT OF TAX ESTATE OF: MCGOWAN JR JAMES BFILE N0. :21 12-1137 ACN: 101 DATE: 07-08-2013 TAX RETURN WAS: ( 7 ACCEPTED AS FILED ( XJ CHANGED SEE ATTACHED NOTICE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (SCh¢dule A) �1� 162.000. 00 NOTE: To ensure proper 2. Stocks antl Bonds (Schedule 9) �Z� .Qp credit [o your accounk, 3. CloselY Heltl Stock/Partnership Interest (Schetlule G �37 � 00 submit the upper portian of this form wiYh your 4. Mortgages/Notes Receiva6le CScheCUle D) (y7 .DO tax payment. 5. Cash/Bank Deposits/Misc. Personal Property (SChedule E) (5) 2Z6.865.42 6. JointlY Owned Prope�ty (Schedule F) �6� . 00 7. T�anSfe�s CSchetlule G) ��� . 00 e. 7ota7 Assets �g7 388.865.42 APPROVED UEDUC7IONS AND EXEMPTIONS: 9. Funeral Expenses/Atlm. Costs/Misc. Expenses (SChedule H) �q�_ (>1 .174 $7 10. Debts/Mort9age Liabilities/Liens (S<hedule I) �Lp� 8.�58.80 11. ToYal Deductions �117 69,733.37 12. Net Value of Tax Return �12� 319.132.05 � 13. Charitable/GOVernmental B¢quests; Non-electetl 9113 Trusts [Schedule J7 �yg� .00 14. Net Value of Estate Subject to Tax �lG� 319,132.05 NOTE: If an assessment was issued previously, L3nes 14, 15, 16, 17, 18 and/or 19 will reflect figures that include the total uf all reYUrns assessetl to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at spousal rate (15) .00 X 00 — .00 16. Amount ot Line 14 taxable at lineal rate C16) ;�9• � ;� �F X 045 = 14.360.94 17. Amount of Line 14 at sibling rate C17) .0I1 X 12 ' .00 18. Amount of Lin¢ 14 taxable at eollateral rate C18) .00 X 15 = .00 19. Principal Tax Due �19)= 14�360.94 TAX CREDITS: PAYMENT RECEIPT OISCOUNT C+) DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID 01-03-2013 CD017003 718.05 35,700.00 TOTAL TAX PAYMENT 36,418.05 BALANCE OF TAX DUE 22,057. 11CR INTEREST AND PEN. .00 TOTAL DUE 22,057.11CR • IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED PS A CREDIT (CR), YO❑ MAY BE DUE � FOR CALCULATION OF ADDITIONAL INTEREST. 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 ezpressly reserves the right to appraise and assess transfer inheritance ta�ces at the lawful collateral rate on any such future interest. PAYMENT: Make check or money order payableto:REGISTER OF WILLmAGENT e Register of Wills Indicated on the front of the notice. REFUND(CR): A refund of a tax credit not requested on the taz return may be requested by completing an Application for Fefund of Pennsylvania lnheritance and Estate Tax(REV-1313). Applications are available irom the depaAmenYs web site at www.revenue state oa us,any Register of Wills or Revenue District Office,or from the departmenPs 24-hour forms ordering service:1-800-362-2050;services for taupayers wi[h special hearing and/or speaking needs:1-800-4473020(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 ihis notice by: A) Filing an appeal online at www boardofaooeals state oa u�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 17128-1021; 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: T�es,ATTN:Post Assessment Review Unit,PO BOX 280601,Harnsburg PA, 17128-1021,Phone(777p87-6505. See page 4 Instructions for Inheri[ance Tau Return for a Resident Decedent(REV-1501)for an explanation of administratively correctable errors. DISCOUNT: ff 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-1611,available at www revenue state oa 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 aRer the taz becomes delinquent will reflect an interest calculation to 15 days beyond the date of the assessment. If payment is made after ihe interest calculation da[e show on the Notice,additional interest must be calculated. . � ' 4 � � � pennsylvania WHERITANCE TAX �;' DEPARTMENT OF REVENUE EXPLANATION BIIREAUOFINONIDl1ALTA%ES OF CHANGES BUREAU OF INDIVIDUAL TAXES - DEPT.280601 HARRISBURG,PA 17128-0601 DECEDENT'S NAME FILE NUMBER James B McGowan Jr 2112-1137 REVIEWED BY qCN Tamika Washington 101 ITEM SCHEDULE NO. EXPLANATION OF CHANGES E Total on Schedule E was not correctly carried forward to recapitulation page. RoW Paqe 1