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HomeMy WebLinkAbout12-09-14 BUREAU OF INDIVIDUAL TAXES NOTICE OF INHERITANCE TAX INHERITANCE TAX DIVISION APPRAISEMENT ALLONANCE OR DISALLONANCE „ pennSyLVarna PO BOX 280601 OF DEDUCTION AND ASSESSMENT OF TAX ON HARRISBURG, PA 17128-0601 SECURItPY ACCOUNTS HELD IN DEPARTMENT OF REVENUE BENEFICIARY FORM - REV-1548A AFP u2-12) DATE 12-02-2013 ESTATE OF FREELAND AGNES L DATE OF DEATH 08-06-2013 FILE NUMBER 21 13-0878 COUNTY CUMBERLAND SSN/DC 210-09-1498 ESTHER A CRAWFORD ACN 13504150 310 E MARBLE ST APPEAL BY DATE: 01-31-2014 MECHANICSBURG PA 17055-4263 (See reverse side under Objections) Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 CUT ALONG THIS 4--LINE —► RETAIN LOWER PORTION FOR YOUR RECORDS REV-1548A _ _ AFP (12-12) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ON SECURITY ACCOUNTS HELD IN BENEFICIARY FORM DATE: 12-02-2013 ESTATE OF: FREELAND AGNES L DATE OF DEATH: 08-06-2013 COUNTY: CUMBERLAND FILE NO. : 21 13-0878 S.S/D.C. NO. : 210-09-1498 ACN: 13504150 TAX RETURN WAS: (X) ACCEPTED AS FILED ( )CHANGED BENEFICIARY FORM OF ASSET INFORMATION NAME OF SECURITY: AMERICAN FUNDS ACCOUNT NO. : 64688648 TYPE OF ASSET: C ) SECURITIES C X SECURITY ACC ( ) STOCK ( ) BONDS DOD Valuation 311,213.56 NOTE: TO ENSURE PROPER CREDIT TO Percent Taxable X 1 .000 YOUR ACCOUNT, SUBMIT THE Amount Subject to Tax 311,213.56 UPPER PORTION OF THIS NOTICE Debts and Deductions - .00 WITH YOUR TAX PAYMENT TO THE Taxable Amount 311,213.56 REGISTER OF WILLS AT THE Tax Rate X . 15 ABOVE ADDRESS. MAKE CHECK Tax Due 46,682.03 OR MONEY ORDER PAYABLE TO: "REGISTER OF 101:LSr.,o/�NT." TAX CREDITS: C) w PAYMENT RECEIPT DISCOUNT C+) 7-1 DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAbg c 10-31-2013 CDO18347 2,334. 10 44,3 3 csc) C> " C7 C) C") - --4 ;> co TOTAL TAX PAYMENT 46,682.03 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER THIS DATE, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. \ SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). PAYMENT: Detach the top portion of this notice and submit with Your payment to the Register of Wills Printed on the reverse side. Make check or money order payable to: Register Of Wills, Agent. REFUND (CR): A refund of a tax credit, which was not requested on the tax return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1513). Applications are available from the Department's Web site at ww.revenue.state.Pa.us, any Register of Wills or Revenue District Office or from the Department's 24-hour answering service: 1-800-362.2050; services for taxpayers with special hearing and/or speaking needs. 1.600-447-3020 (TT only). OBJECTIONS: Airy party in interest not satisfied with the aPpr.ise.ent, 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) Protest to the PA Department of Revenue, Board of Appeals by filing a protest online at ww boardofappeals.state.pa.us on or before the 60-day appeal Period expires. In order for an electronic protest to be valid, you must receive a confirmation number and processed date from the Board of Appeals Web site. You may also send a written protest to: PA Department of Revenue, Board of Appeals, PO Box 281021, Harrisburg, PA 17128-1021. Petitions may not be faxed; or B) Elect to have the matter determined at the audit of the personal representative account; or C) Appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual .Taxes, ATTN: Post Assessment Review Unit, PO Box 280601, Harrisburg, PA 17128.0601 or call (717) 787-6505. See Page 4 of "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of.administratively correctable errors. DISCOUNT: If am tax duo is paid within three calendar months after the decadent's death, a five percent discount of the tax paid is allowed. INTEREST: Interest is charged beginning with first day of delinquency or nine months and one day from the data of death to the date of payment. Taxei which became delinquent before Jan. 1, 1982, bear interest at the rate of six percent per annum calculated at a daily rate of 0.000164. All taxes which became delinquent on or after Jan. I, 1982, will bear interest at a rate which varies from year to year with the rate announced by the PA Department of Revenue. Rates for 1982 through 2006 can be found in the Pennsylvania Resident Instruction Booklet (REV-1501), the Pennsylvania Non-resident Instruction Booklet (REV-1756) or on the Department of Revenue Web site ww.rovenua.state.pa..s. The applicable interest rates for 2007 through 2013 are: Interest Daily Interest Daily Interest Daily Year - Rate Factor Year Rate Factor Year Rate Factor 2007 ax .000219 2008 It .000192 2009 5y. .000137 2010 4X .000110 2011-2013 3X .000082 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 data of the assessment. If payment is made after the interest computation date shown an the notice, additional interest must be calculated.