HomeMy WebLinkAbout07-12-13 NDTICE OF INHERITANCE TAX ��� pennsylvania
BUREAU oF INOIVIDUAL TnxES APPRAISEMENT. ALIOWANCE OR DISALLOWAHCE � \�a DEPARTMENTOFREVENUE
INHERITANCE TAX DIYISION OF DEpUCTIONS ANO ASSESSMENT OF 7AX ���
PO BOX 280601 ft6Y-1547 IX AFP (03-13)
HARR7SBU2G PA 17128-0601
eco�aE� �Fr-rr,� n�
��G�S��� O� d''��.L.�STATE OF SMIOH-2013
�013 MARGARET M
��'(. �� Prl 2 �,�LE NUMBERTH Zi-08-1265
RICHAR➢ C SENECA ESQ CLE�jj( Qt, COUNTY CUMBERIAND
564 OLD YORK RO �ftAy,qJ�S. �,�U ACN 1�1
ETTERS pq 1����rj�� hl} APPEAL DA7E: 09-06-2013
�A j�p C� (See reverse side under Objections)
' �� Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT TD:
REGISTER DF WILLS
1 COURTH�USE SQUARE
CARLISLE PA 17013
CUT ALONG THIS LINE ____ � RETAIN LOWER PORTION FOR YOUR RECORDS f-�
'------"--'--"--'- -'--"--'--"----"--"
REY-1547 EX AFP CO2-13� NOTICE Of INHERITANCE TAX APpRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF �E�UC72DNS AND ASSESSMENT OF TAX
ESTATE OF: SMITH MARGARET MFILE ND. :21 11-1265 ACN: 101 DATE: 07-08-2013
TAX RETURN WAS: (X) ACCEPTED AS FLLED O �HANGED
APPRAISED VAIUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estafe (Schetlule A) (ll •00 NOTE: To ensure proper
2. Stocks and Honds CScheEUle B) tp 134,261.79 credit to your account>
3. Closely Heltl Sfock/Partnership Interest (SChetlule L) �37 ,Op 5ubmit the upper portion
of this form with your
4. Mortgages/Notes Rece3vable (S<hetlule ID �4) .00 tax pavment.
S. Cash/Bank Deposits/Misc. Personal PropertY (SChedule E) C5) 18,341. 16
6. Jointly Owned Property (Schetlule FJ �5� .00
7. Transfers [SChedule G) ��� 8�692.85
s. Tota1 Assets ce) . 161,295.80
APPROVED QEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Sehetlule H) �q� 11 �063.61
10. Debts/Mortgage Liabilities/Liens (S<hetlule I) �lp� 113.86
11. Total OeCUCtions �11� 11>177.47
12. Net Value of Tax Return C12� 15U> 118.33
13. Charikable/Governmental Bequests; Non-electetl 9113 TrusFs CSchetlule J) �y;� 29,073.66
14. Net Yalue oF Esta{¢ Subject ko Tax f34J 121 ,044. 67
NOTE: If an assessment was iss�ed previouslv, Lines 14, 15. 16, 17, 16 and/or 19 wfll
refleet figures that include the total of all returns assessed to date.
ASSESSMENT OF TAX:
15. Amount of line 14 at spousal raYe (15) .00 X 00 .00
16. Amounk of L3ne 14 taxaple at lineal rake (16J � �� X 045 .00
17. Amount of Line 14 at sibling rate (17J -�� X 12 ' .00
18. Amount of Line 14 tazable at collateral rate CI8) 121 ,044.67 X 15 ' 18.156.70
19. Principal Tax Due (19J= j8.156.70
TAX CREDITS:
PAYRENT RECEIPT DISCOUNT C+) qMpUNT PAID
DATE NUMBER INTEREST/PEN PAID C-)
02-08-2012 GDD15560 9U7.84 25,ODO.UO
TOTAL TAX PAYMENT 25,907.84
BALANCE OF TAX DUE 7,751 . 14CR
INTEREST ANO PEN. .00
TOTAL DUE 7,751 . 14CR
�,IF PALD AFTER DATE INDICATED, SEE REVERSE IF TDTAI DUE IS REFLECTED AS p CREDIT CCR), YOU MAY 9E DUE ^„ '
FOR CALCULAT[ON OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE FOR INSTRUCTIONS. ���Y
!
RESERVATION: Estates ot tlecedents dying on or before Dec. 72, 7982-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
here6y expressy reserves the right to appraise and assess transter inherit2nce t�es at the lawtul collateral rate on any Sucn
future interest.
PAYMENT: Detach the iop portion of this notice�and submit with your payment to the Register of Wills Intlicated on the imnt ot the notice.
Make check or money order payable to:REGISTER OF WILL,AGENT.
REFUND(CR): A refuod of a taz credit oot requested on the tau return may be requested by completing an Application for Reiund of
Pennsylvarna Inheritance and Estate Taz(REV-7373). Appfications are available from the departmenYS web site at
www revenue sta et�. a.�,any Register of Wills or Revenue District Office,or from the departmenYs 24-hour forms ordering
service:1-800-362-2050;services for tazpayers with special hearing and�or speaking needs:1-SOD-447-3020(TT oniy).
Please allow 4-6 weeks from the dace a refund was granted to arrive.
OBJECTIONS: Any party in interest not satisfied with the appraisement,albwance or disailowance ot deductions,or assessment oi taz
(including discouM or interest)as shown on this notice may object within 60 days ot the date of receipt ot this notice by:
A} Filing an appeal online at�124�r�4taoDeals state oa us on or hefore the appeal date identified on the front o1 this notice.
Or sending a written protest to:PA Department of Revenue,Board of Appeals,PO BOX 281201,Harrisburq PA 17128-7021;
8) Having the matter tletermined at audit of the account ot the personal representative;or
C) C)Appealing to the Orphans'Court.
ADMINISTRATIVE Errors discovered on this assessment shouid be addressed in wr'�ting to:PA Department of Revenue,Bureau of Individual �
CORRECTIONS: Taxes,ATTN:Post Assessment Review Unit,PO BOX 280607,Harnsburg PA, 1 7128-7 02 7,Phone(717j787-6505. See page 4
Instructions for Inheritance Taz Return for a Resident Decedent(REV-1507)for an explanation of administratively correctable
errors.
DISCOUNT: If any tax due is paid within three calendar months after the decedenYs death,a tive percent tliscount ot the tau paid is allowable.
INTEREST: Interest is charged beginning with first day of delinquency,or nioe mon[hs and one date from date of deaffi,to the date of
payment. Annuai interest rates are available on Form REV-161 t,available at www revenue state oa us,or upon rquest by
calling 1-868-728-2937.
' Interest is calculated as follows:
INTEREST=BALANCE OF TAX UNPAID X NUMBER OF DAYS DELIN�UENT X DAILY INTEREST FACTOR
Any Noiice issued afler the tax becomes delinquent will reflect an interest calcuta6on to 15 days beyond the date of the
assessment. If payment is made after the interest calculation da[e show on ihe Notice,atldttional interest must be calculatetl.