Loading...
HomeMy WebLinkAbout03-05-14 (2) 1505610105 REV-1500EXt0�u'(IT' PA Department of Revenue pennsylvarda OFFICIAL USE ONLY Bureau of Individual Taxes County Code Year File Number PO BOX 280601 INHERITANCE TAX RETURN —�I - -- I; — '-I _ Harrisburg,PA 17128-0601 RESIDENT DECEDENT p( I a � �. ii J ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 12/14/2012 — JAI ;09/19 191/09/19 191/9 Decedent's Last Name�_ — Suffix Decedent's First Name MI C —� _—j --- Cox J I Katherine (if Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name 'Suffix Spouse's First Name MI L I I I I Spouse's Social Security Number -- �--� THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW O 1.Original Return (310 2.Supplemental Return O 3. Remainder Return(Date of Death Prior to 12-13-82) O 4.Limited Estate O 4a.Future Interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12-12-82) In 6.Decedent Died Testate O 7. Decedent Maintained a Living Trust 0 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O 9. Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A) Between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT- THIS SECTION MUST BE COMPLETED,ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number David C. Cox (717) 580-5339 REGISTER OLLS USE ONEN Q � pp77 � r�7 First Line of Address /T C7 X. O Z75:x:3 509 Joyce Road [p—r�� 1 n r- Uri Second Line of Address V C7 CZ CD L _ Na M City or Post Office State ZIP Code D FI D Camp Hill -- - P 17011 tV Correspondent's e-mail address:dCOX51 @comCast.net Under penalties of perjury,1 declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, R is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGN E OF PfR M RE$pONSIBLE FOR FILING RETURN DATE y ADDPWtS 509 Joyce Road, Camp Hill, PA 17011 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 L 1505610105 1505610105 J 1505610205 REV-1500 EX(Fl) Decedent's Social Security Number Decedent's Name: Katherine C. Cox RECAPITULATION 1. Real Estate(Schedule A). ............................................ 1. 0.00 2. Stocks and Bonds(Schedule B) .......... ...... ....... .. . ............. 2. 40,628.97 3. Closety,Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 0.00 4. Mortgages and Notes Receivable(Schedule D)......................... .. 4. 1 0.00 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E).... ... 5. 1 14,006.88 6. Jointly Owned Property(Schedule F) O Separate Billing Requested ....... 6. 0.00 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested........ 7. 28,699.55 8. Total Gross Assets(total Lines 1 through 7)............. ................ 8. ' 83,335.40 9. Funeral Expenses and Administrative Costs(Schedule H)................... 9. i 5-940.63 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)....... .. ...... 10. 644.35 11. Total Deductions(total Lines 9 and 10)................................. 11. 6,584.98 1 12. Net Value of Estate(Line 8 minus Line 11) .............. ................ 12. 76,750.42 Ij 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) ................ .. . ..... 13. I 0.00 14. Net Value Subject to Tax(Line 12 minus Line 13) ........................ 14. I 76,750.42 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (-"--- -"- ----------------i (a)( X.0- 15. 16. Amount of Line 14 taxable --� at lineal rate X.0 45 76,750.42 16.1 3,453.77 17. Amount of Line 14 taxable at sibling rate X.12 17, 18. Amount of Line 14 taxable at collateral rate X.15 19. TAX DUE ............................. 3,453.77 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Side 2 L 1505610205 1505610205 REVA500 EX(FI) Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME Katherine C. Cox STREETADDRESS Country Meadows of West Shore 4905 E.Trindle Road,Apt. 35, Bldg 1 CRY STATE ZIP Mechanicsburg PA 17050 Tax Payments and Credits: f. Tax Due(Page 2,Line 19) (1) 3,453.77 2. Credits/Payments A.Prior Payments 3,112.38 B.Discount 163.16 Total Credits(A+B) (2) 3,275.54 3. Interest (3) 0.00 4. ff Line 2 is greater than Line f+Line 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund. (4) 0.00 S. it Line 1+Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 178.23 Make check payable #o: REGISTER OF WILLS,AGENT. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred.......................................................................................... ❑ ■ b. retain the right to designate who shall use the property transferred or its income ........................_.................. ❑ N c. retain a reversionary interest .............................................................................................................................. 13 d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ N 1 If death occurred after Dec.12,1982,did decedent transfer property within one year of death without receiving adequate consideration?..............___......................................._..........................................._.... ❑ N 3. Did decedent own an"in trust for'or payable-upon-death bank account or security at his or her death?............. N ❑ 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? .............___....,....._............................................................ ....., ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994,and before Jan.1,11995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent]72 P.$.§9116(a)(1.1)(i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent (72 P.S.§9116(a)(11)If)].The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an adoptive parent or a stepparent of the child is 0 percent(72 P.S.§9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for theiuse of the decedent's lineal beneficiaries is 4.5 percent,except as noted in V2 P.S.§9116(a)(1)). The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent(72 P.S.§9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual Who has at least one parent in common with the decedent,whether by blood or adoption. REV-1503 O(t(8-12) pennsylvania SCHEDULE B OEPARITIEW FHEVETIUE.. f'V INHERITANCE TAX RETURN - STOCKS';Bt;BONDS RESIDENT DECEDENT - ESTATE OF - - FILE NUMBER Katherine C. Cox N., 2012-01319 All property jointly owned�with right of survivorship must be disclosed on Schedule F. ITEM - VALUE AT DATE NUMBER DESCRIPTION -- OF DEATH 1' 32 sh Dow Chemical Common Stock CUSIP 260543103 $31.260/sh. ( )@ 1,000.32 2 1830 sh General Electric Common Stock(CUSIP 369604103)@$21.655/sh. 5 39,628.65 8. t p y TOTAL(Also enter on Line 2, Recapitulation) $ 3 40,628.97 If more space is needed, insert additional sheets of the same size Alf :)P-IM A 9T!aOR3CI WAS H?-4'3 YTHlq0AqA4i4o?13q 00 C? Apnki bew."i 57,�C no�v!q ca"A 4A'fQ't REV-Isla Ex+(08-09) i pennsyLvania SCHEDULE G oseARTNMOFTn:vEeue INTER-VIVOS TRANSFERS AND IId1EPITAnCE TAxpznj°" MM. NON-PROBATE PROPERTY RE Sme+r DeaeDenr ESTATE OF FILE NUMBER Katherine C. Cox 2012.01319 This schedule must he completed and filed H the answer to any of questions I through 4 on page three of the REV-1500 is yes. DESCRIPTION OF PROPERTY DATE OF DEATH %OF DEWS EXCLUSION TAXABLE SMB aslTmex+rform+s mmFr 0EED�wameeram - NUMBER neaverFiwwsrcn.anaAawof�o®maaeiesme - VALUE OF ASSET INTEREST VAWE I. DisCow Bank-MM Cert#520.170840.2-A w/David C.Cox 4,024.14 100 3,000.00 1,024.14 2 Discover Bank-MM Cart#520-174571.6-A w/David C.Cox 4,015.12 100 0.00 4,015.12 3 Discover Bank-MM Cert#52111784383-POD David C.Cox 4,006.69 100 0.00 4,006.69 4. Discover Bank-MM Savings Acct#523167569.0-POD David C.Cox 4,52325 100 0.00 , 4.52325 5. Discover Bank-Online Savings Acct#522-167079.3-POD David C.Cox 2,066.82 100 0.00 2,068.82 6. Perttagoa FedwA CU-Reg.Acct#3561455.01-6-POD David C.Cox 5.01 100 000 5.01 7 Pentnon Federal CU-MM Savings Aact#4146441.03-7-POD David C. 33.66 100 0.00 33.66 Pe 5 Pentagon Federal CU-MM 2 YR Cert#4342707-%l-POD David C.Cox 1.144.20 100 - 0.00 1,14420 9. Perl"On!Federal CU-MM i YR Cot#4707469.56.7-POD David C.Cox 4,041.42 100 0100 4,041.42 10. Pentagon Federal CU-MM 1 YR Cert#4707479366-POD.David C.Cox 4,041.42 100 0.00 4,041.42 tt. PA Site Employees Credft Union Regular Shane Act.#8441064564-A Md 5.00 100 ODD 5.00 Data C.Cox 12 Watmd Street Sear sties Money Market Acct.#3=79083- POD David C. 3,790.82 . 100 0.00 3,790.82 TOTAL(Also enter on tine 7,Recapitulation) $ 26,699.55. If more space Is needed,use additional sheer of paper of the same size. REV-1511 Ex+(10.09) pennsylvania SCHEDULE H OEPARrMEWOFREMUE FUNERAL EXPENSES AND INNEAITANa TAXREFM ADMINISTRATIVE COSTS POWDEWoe®ert ESTATE OF FILE NUMBER Katherine C. Cox 2012-01319 Decedent's debts must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1' Funeral Services-Payment for minister and pianist 550.00 Parthemore Funeral Home/Cremation 3,469.65 Burial at North Cemetery,Sturbridge,Mass(Town of Sturbridge) 250.00 Burial at North Cemetery,Sturbridge,Mass Travel Expenses 504.99 Grave Marker Lathering(Pepin Granite) 135.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative Commissions: Name(5)of Personal Representative(s) Street Address city State ZIP Year(s)Commission Paid: 2. Attorney fees: 406.11 3. Family Exemption:(If decedent's address is not the same as daimanUs,attach explanation.) Claimant Shied Address city state_ZIP Relationship of Claimant to Dement 4. Probate Fees: 273.50 S. Accounted Fees: 0.00 6. Tax Return Prepares Fees: 0.00 7. Carlisle Sentinel-Estate Notice 104.58 Patriot News-Estate Notice 149.60 Masland 8 Bernick Account Transfer Fees 55.00 M&T Bank-Estate Account Checks 25.20 AAA Notary Fee 2.00 Register of Wills-Filing Fee for Inheritance Tax Return 15.00 TOTAL(Also enter on Line 9, Recapitulation) 5,940.63 If more space is needed,use additional sheer of paper of the same size. REV-1512 EX+(12-12) -yTt--pennsylvania SCHEDULE I Q DEPARTMENT OF REVENUE DEBTS OF DECEDENT, INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS RESIDENT DECEDENT ESTATE OF FILE NUMBER Katherine C. Cox 2012-01319 Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses. REM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. Diamond Pharmacy 180.61 2 Public School Employees'Retirement System-Partial Reimbursement of December Pension 335.32 3 Verizon Wireless-Cell Phone Bill 37.61 4 M&T Bank-Service Charge 14.00 5 Comcast-Cable TV Bill 6.81 6 Trust Ambulance 70.00 TOTAL(Also enter on Line 10, Recapitulation) $ 644.35 If more space is needed,Insert additional sheets of the same size. REV4513 EX+(01-10) 7pennsylvania SCHEDULE J DEPARTMEM OF REWNUE mNEMra,CE AX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF: FILE NUMBER: Katherine C. Cox 2012-01319 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE D15TIUBUTIONS(include outright spousal distributions and transfers under Sec.9116(a)(1.2).] 1. David C.Cox Son 100°f° 509 Joyce Road,Camp Hill PA 17011 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE. II NON-TAXABLE DISTRIBUTIONS A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN: 1. 8. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS: i. TOTAL OF PART It-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $ If more space is needed,use additional sheets of paper of the same size. LAST WILL AND TESTAMENT OF KATHERINE C. COX I, KATHERINE C. COX, now domiciled in Cumberland County, Pennsylvania, declare this to be my Last Will and Testament. I revoke all other wills and codicils that I may have previously made. Article I My just debts and expenses of my last illness, funeral, and administration of my estate shall be paid by my Executor from the principal of my residuary estate as soon as practicable after my death. Article II All inheritance, estate, and succession taxes (including interest and penalties thereon, but not including any generation skipping tax) payable by reason of my death shall be paid out of and be charged generally against the principal of my residuary estate without reimbursement from any person. This provision is not a waiver of any right which my Executor has to claim reimbursement for any such taxes which become payable as the result of any property over which I have the power of appointment. Article III I give, devise and bequeath my tangible personal property to my husband, J. FREDERIC COX, H. In the event J. FREDERIC COX, II predeceases me or fails to survive me by thirty (30) days, then I give, devise and bequeath my tangible personal property in accordance with any memorandum I have handwritten or signed, located with my will or with my valuable papers and found within 30 days of the probate of my will. Gifts may only be to persons who survive me or to organizations which exist at my death, and if there is a conflict, the memorandum having the latest date shall govern. To the extent no such memorandum is found, or all of my tangible personal property is not disposed of pursuant thereto, my tangible personal property shall be added to my residuary estate and pass under Article IV hereof. Article IV All the rest, residue and remainder of my estate, of whatsoever nature and wheresoever situate, I give, devise and bequeath to my husband, J. FREDERIC COX, II, of Cumberland County, Pennsylvania. In the event J. FREDERIC COX, II predeceases me or fails to survive me by thirty (30) days, then I give, devise and bequeath all the rest, residue and remainder of my estate, of whatsoever nature and wheresoever situate to my son, DAVID C. COX, of Cumberland County, Pennsylvania,per stirpes. Article V I nominate, constitute and appoint my husband, J. FREDERIC COX, II, as Executor of my Last Will and Testament. In the event of the renunciation, death, or inability to act, for any reason whatsoever of my Executor, I nominate, constitute and appoint my son, DAVID C. COX, as successor Executor of my Last Will and Testament. I direct that my Executor or successor Executor be permitted to serve without bond. In addition to those powers granted by law, I grant them power to distribute in cash or in kind, in like or in unlike shares, and to file any qualified disclaimer I could have filed if living. My Executor or successor Executor shall receive reasonable compensation for services rendered to my estate. 2 Article VI In addition to the powers conferred by law, I authorize my Executor or successor Executor, in his absolute discretion: (a) to retain in the form received and to sell either at public or private sale, any real estate or personal property except that which I specifically bequeath herein, (b) to manage real estate, (c) to invest and reinvest in all forms of property without being confined to legal investments, and without regard to the principal of diversification, (d) to exercise any option or right arising from the ownership of investments, (e) to compromise claims without court approval and without consent of any beneficiary, (f) to file any federal income tax return for any year for which I have not filed such return prior to my death, (g) to make distributions in cash or in kind, or in both, and to determine the value of any such property, (h) to employ any attorney, investment advisor, or other agent deemed necessary by my Executor or successor Executor; and to pay from my estate reasonable compensation for all their services, (i) to conduct alone or with others, any business in which I am engaged in, or have an interest in at time of my death, and 3 G} to receive reasonable compensation in accordance with their standard schedule of fees in effect while their services are performed. IN WITNESS WHEREOF, 1, KATHERINE C. COX, hereby set my hand to this my Last Will and Testament, on �f, 1�/ 2009, at Harrisburg, Pennsylvania. KATHERINE C. COX In our presence, the above-named KATHERINE C. COX signed this and declared this to be her Last Will and Testament and now at her request, in her presence, and in the presence of each other,we sign as witnesses. Name 9 Address 2000 Linglestown Rd.. Suite 202 Harrisburg PA 17110 tw.GZw 2000 Linglestown Rd Suite 202 Harrisburg, PA 17110 1, KATHERINE C. COX, Testatrix, who signed the foregoing instrument; having been duly qualified according to law, acknowledge that I signed and executed this instrument as my Will, and that I signed it willingly as my free and voluntary act for the purposes therein expressed. Sworn to or affirmed and Acknowledged before me by KATHERINE C. COX, the Testatrix on Af1� 12009. Notary Public KATHERINE C. COX COMMQNWEAtTri OF FENNSYt`lANlA NIX3R3t E6al Mc-Iissa M.ICafn,pJOtary Fuh1iC Susquehanna Twp.,Dauphin County MY Commission Expires Aug.t 1,24r4 4 We, the undersigned witnesses who signed the foregoing instrument, being duly qualified according to law, depose and say that we were present and saw the Testatrix sign and execute this instrument as her Will; that she signed and executed it willingly as her free and voluntary act for the purposes therein expressed; that each of us in her sight and hearing signed the Will as witnesses, and that to the best of our knowledge, that she was at that time eighteen (18) years or more of age, of sound mind, and under no constraint or undue influence. Sworn to or affirmed and Subscribed to before me 9 nn� i by � V�4r �1I2 I�— kil !i j and v (- DCPAcwn n An s witnesse , on�0: /y 2009. Witn s Notary Public COMMONWEALTH OF PENNSYLVANIA Notarial Seal Melissa M.Kain,Notary Public Susquehanna Twp.,Dauphin County My Commission Expires Aug.11,2010 5