HomeMy WebLinkAbout01-06-14 NOTICE OF INHERITANCE TAX { Pennsylvania
BUREAU OF INDIVIDUAL TAXES APPRAISEMENT, ALLOWANCE OR DISALLOWANCE DEPARTMENT OF REVENUE
INHERITANCE TAX DIVISION OF DEDUCTIONS AND ASSESSMENT OF TAX — REV-1547 IX AFP (08-13)
PO BOX 280601
HARRISBURG PA 17128-0601
DATE 12-30-2013
ESTATE OF REGISTER PEARL
DATE OF DEATH 06-23-2012
FILE NUMBER 21 12-1242
COUNTY CUMBERLAND
FANELLI EXE LISA R
ACN 101
94 VAN HOUTON AVE APPEAL DATE: 02-28-2014
CHATHAM NJ 07928-1221 (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 LINE � RETAIN LOWER PORTION FOR YOUR RECORDS_
REV 1547 EX AFP (08-13) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF: REGISTER PEARL FILE NO. :21 12-1242 ACN: 101 DATE: 12-30-2013
TAX RETURN WAS: C X) ACCEPTED AS FILED ( ) CHANGED
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL AND SUPPLEMENTAL RETURN NO. 01
1. Real Estate (Schedule A) (1) 226,025.00 NOTE: To ensure proper
2. Stocks and Bonds (Schedule B) (2) 612,558.00 credit to your account,
3. Closely Held Stock/Partnership Interest (Schedule C) (3) 00 submit the upper portion of this form with your
4. Mortgages/Notes Receivable (Schedule D) (4) •00 tax payment.
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 55,611 .00
6. Jointly Owned Property (Schedule F) (6) .00
7. Transfers (Schedule G) (7) 79,216.00
8. Total Assets (8) 973,410.00
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 15,593.00
10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 100
11. Total Deductions (11) 15,593.00
12. Net Value of Tax Return (I2) 7,817.00
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 0
14. Net Value of Estate Subject to Tax 7,
NOTE: If an assessment was issued previously, Lines 14, 15, 162 17r=01f ipd/o 19f,'►'1
reflect figures that include the total of all returns assesses -_CD ( at#p, M M
ASSESSMENT OF TAX: U;
15. Amount of Line 14 at spousal rate (15) .00 09 "!'! Q 00
16. Amount of Line 14 taxable at lineal rate (16) 99,7.91 ZB 43 0-�0
17. Amount of Line 14 at sibling rate (17) _ n n z X :r2 = 00
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18. Amount of Line 14 taxable at collateral rate (18) .00, 15 = I" .00
19. Principal Tax Due (19)= ZZ5 4 t7l 00
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+)
AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
07-18-2013 CDO17912 .00 32,248.00
10-09-2013 CDO18234 .00 10,338.00
INTEREST IS CHARGED THROUGH 01-14-2014 TOTAL TAX PAYMENT 42,586.00
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 516.00
REVERSE SIDE OF THIS FORM INTEREST AND PEN. 491 .49
TOTAL DUE 1,007.49
* IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A CREDIT (CR), YOU MAY BE DUE \
FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE FOR INSTRUCTIONS.
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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 WILLS,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 Inheritance and Estate Tax(REV-1313). Applications are available from the department's website at
www.reveri g_slate pa ug,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 receive the check.
OBJECTIONS: Any party 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 boardofaooeals State oa.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 17128-1021;
B) Having the matter determined at audit of the account of the personal representative;or
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,17128-0601,Phone(717)787-6505. See page 4
. Instructions for Inheritance Tax Return for a Resident Decedent(REV-1501)for an explanation of administratively correctable
errors.
DISCOUNS:._ Many tax due is paid within three calendar months after the decedent's death,a five percent discount of the tax paid is allowable.
INTEREST: hit rest is charged beginning with first day of delinquency,or nine months and one day from date of death,to the Sate of
payment. Annual interest rates are available on Form REV-1611,available at www.revenu�.state oa ua,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 Sate show on the notice,additional interest must be calculated.