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HomeMy WebLinkAbout02-21-14 NOTICE OF INHERITANCE TAX �r pennsyLvania BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION APPRAISEMENT, ALLOWANCE OR DISALLOWANCE DEPARTMENT OF REVENUE 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 02-25-2014 ESTATE OF CURLEY VAL J DATE OF DEATH 02-22-2013 FILE NUMBER —14—16-7 COUNTY CUMBERLAND SSN/DC CAROLE A ALBRIGHT ACN 13115945 # B APPEAL BY DATE:04-26-2014 225 CHESTNUT ST (See reverse side under Objections) MARYSVILLE PA 17053-1408 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 F' 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: 02-25-2014 ESTATE OF:CURLEY VAL J DATE OF DEATH:02-22-2013 COUNTY:CUMBERLAND FILE NO. : S.S/D.C. NO. : ACN: 13115945 TAX RETURN WAS: (X) ACCEPTED AS FILED C ) CHANGED JOINT OR TRUST ASSET INFORMATION FINANCIAL INSTITUTION: M & T BANK ACCOUNT NO. : 45480621 TYPE OF ACCOUNT: C )SAVINGS ( X) CHECKING C )TRUST ( )TIME CERTIFICATE DATE ESTABLISHED 06-15-1995 Account Balance 3,232.90 NOTE: TO ENSURE PROPER CREDIT TO Percent Taxable X 0.500 YOUR ACCOUNT, SUBMIT THE Amount Subject to Tax 1,616.45 UPPER PORTION OF THIS NOTICE Debts and Deductions - .00 WITH YOUR TAX PAYMENT TO THE Taxable Amount 1,616.45 REGISTER OF WILLS AT THE Tax Rate x .045 ABOVE ADDRESS. MAKE CHECK Tax Due 72.74 OR MONEY ORDER PAYABLE TO,:, ;; I TAX CREDITS: "REGISTER OF WILLS, AGENT,." PAYMENT RECEIPT DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID C-) AMOUNT PAID • 1 j INTEREST IS CHARGED THROUGH 03-05-2014 TOTAL TAX PAYMENT .00 AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 72.74 REVERSE SIDE OF THIS FORM INTEREST AND PEN. .61 TOTAL DUE 73.35 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 Tox 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. 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 credit, which was not requested an 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 Web site at www.revenu..stnta.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: i°80D-44J-3020 (TT only). OBJECTIONS: Any Party in inter.st not satisfied with the appraixment, 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 www.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, Sward 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 on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, PD Box 280601, Harrisburg, PA 17128.0601 or call (717) 787-65D5. See Page 4 of "Instructions for Inheritance Tax Return for a Resident Decadent" (REV-1501) for an explanation 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 assessd and not Paid before Jan. 18, 1996, the first day after the end of the tax amnesty period. This non-particAsation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and 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 detect payment. Taxes which became delinquent before Jan. I, 1982, bear interest at the rate of six percent per annum calculated at a daily rate of 0.000164. All Mixes which became delinquent on or after Jan. 1,1982 will bear interest at a rate which varies from veer 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.revenue.state.pa.us. Th. applicable interest rates for 2007 through 2014 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 2007 8Y. .000219 2008 7'i. .000192 2009 5% .000137 2010 4Y. .000110 2011-2014 37 .000082 Interest is calculated as follows: v„9U 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 tol5 days beyond the date of the assassment. If payment is made after the interest computation date shawnon the notice, additional interest must be calculated.