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HomeMy WebLinkAbout02-10-14 BUREAU OF INDIVIDUAL TAXES NOTICE OF INHERITANCE TAX pennsylvania DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION APPRAISEMENT, ALLOWANCE OR DISALLOWANCE _J PO BOX 280601 OF DEDUCTIONS, AND ASSESSMENT OF TAX ON REV-1548 EX AFP (12-13) HARRISBURG PA 17128-0601 JOINTLY HELD OR TRUST ASSETS DATE 02-10-2014 ESTATE OF SMITH JR TERENCE G DATE OF DEATH 10-04-2013 FILE NUMBER 21 13-1246 COUNTY CUMBERLAND SSN/DC TERENCE G SMITHSR ACN 13154940 3922 EMIL RIDGE DR APPEAL BY DATE:04-11-2014 MECHANICSBURG PA 17050-2185 (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 4— REV-1548 EX AFP C12-13)-------------------------------------------------------------------- NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS DATE: 02-10-2014 ESTATE OF:SMITH JR TERENCE G DATE OF DEATH:10-04-2013 COUNTY:CUMBERLAND FILE NO. : 21 13-1246 S.S/D.C. NO. : ACN: 13154940 TAX RETURN WAS: (X) ACCEPTED AS FILED C ) CHANGED JOINT OR TRUST ASSET INFORMATION FINANCIAL INSTITUTION: MEMBERS 1ST FCU ACCOUNT NO. : 197952-11 TYPE OF ACCOUNT: ( )SAVINGS C b CHECKING ( )TRUST ( )TIME CERTIFICATE DATE ESTABLISHED 09-17-2001 Account Balance 1 ,710.80 NOTE: TO ENSURE PROPER CREDIT TO Percent Taxable X 0. 166 YOUR ACCOUNT, `,S,UBM,J ;HE Amount Subject to Tax 285. 14 UPPEk-,)PORTION '- f Tk"SC-NOTICE Debts and Deductions - .00 WITH SDgR TAX In'lYMcaT O THE Taxable Amount 285. 14 REGIS94OF WILeS Af4 TAE Tax Rate x 045 ABOVE D��E'SS. "AKr- �1 ECK Tax Due 12.83 OR MOIY%zDIER Y©AYAETO: 11REGIS2Ek'.cFr WINS, -Add JT." TAX CREDITS: C3 C-) c: 3 °c PAYMENT RECEIPT DISCOUNT (+) C V-- f' rn DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID (V Cl) CJ N "'s 11-20-2013 CD018430 .64 12.� �a TOTAL TAX PAYMENT 12.83 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. i I 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 Wils printed an the reverse side. Make check or money order payable to: Register of Wills, Agent. Failure to pay the tax, interest and penalty due may result in the filing of a lien in the appropriate county or the issuance of an Orphan's Court citation. REFUND (CR), A refund of a tax cr.dit, which was not requestod on the tax return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313)- Aoplications are available from the Department's Web site at www.reyenue.state.Pa.us, any Register of Wills or Revenue District Office or from the Department's 24-hour answering service: 1-000-362-2050; services for taxpayers with Special hearing and/or speaking .*ad.: 1-e p0-447-3020 (TT only). OBJECTIONS: Any party in interest not satisfied with the appraisment, 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 data of receipt of this notice by: A) Protest to the PA Department of Revenue, Board of Appeals by filing a protest online at www.baardofaPPeals.state.Pa.Us on or before the 69-day appeal period expires. In order for an electronic protest to be valid, you most 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 ADMIN- C) Appeal to the Orphans' Court, ISTRATIVE CORRECTIONS: Factual errors discovered an this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTNz Post Assessment Review Unit, PO Box 280601, Harrisburg, PA 17128-0601 or call (717) 787-6505- See Page 4 of "Instructions for Inheritance I. Return for a Resident Decedent" (REV-1501) for an oxolanation,of administratively correctable errors. DISCOUNT, If any tax due is Paid within three calendar months after the decedent's death, a five percent discount of the tax paid �. 'is allowed. PENALTY: - The 15 Percent tax amnesty non-Participation Penalty is computed on the total of the tax and interest assesvd and not Paid before Jan. 18, 1996, the first day after the end of the tax amnesty period. This no.-Parti.tp.tion Penalty is appealable in the same manner and in the the same time Period as you would appeal the taxand interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency or nine months and one day from the date of death to the date of payment. Taxes 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. 1,1982 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-1736) or on the Department of Revenue Web site www.ray.nuo.st.t..P...S. The applicable interest rates for 2007 through 2614 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 2007 By .060219 2008 7'/. .000192 2069 5% .000137 2010 4% .000110 2011-2614 3% .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 date of the assessment. If payment is made after the interest computation data shownon the notice, additional interest must be calculated.