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HomeMy WebLinkAbout03-17-05 (2) ReI- 1500 EX (8-001 ~~~ ~~~) ~l.\\() \j.....\ ',} '\ y).~ ~\.~\ \{'{..;\)~~ ~\\\il~ ~-\~.~S ~ 3:.~"t. )55 REV-1500 '* COMMONWEALTH OF - PENNSYLVANIA , DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0001 w .... ll:~Ul ull::ll: wlLg :J:~..1 UILIII IL 0( INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER "').. ~ - ~ 2- COlIlTY COIlE YEAR SL~<:J~~ NUMBER I- Z W C W o W C DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INmAL) Bonnie S. Shepler DATE OF DEATH (MM-DD-YEAR) 12/1912004 SOCIAL SECURITY NUMBER 176-34-9059 DATE OF BIRTH (MM-OD- YEAR) 09/16/1943 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER (IF APPUCABLE) SURVMNG SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) ~ 1. Original Return o 4. Limited Estate o 6. Decedent Died Testate (AlIadl ~ of WiI) o 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (dati> ofdea1h after 12-12-82) o 7. Decedent Maintained a Living Trust (AlIadl ~ of Trust) o 10. Spousal Poverty Credit (dati> ofdealh between 12-31-91 and 1-1~) 03. Remainder Return (dati> ofdea1h prior to 12-13-82) o 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (AlIadlSchO) ... z w c z ~ Ul w II:: II:: o U '........'. . NAME Lori C. Duarte FIRM NAME (If Appil3*) _1:0_ EJ~lJJ""" . _~__...........,. TO: COMPLETE MAILING ADDRESS 3614 Montour Street Harrisburg, PA 17111 TELEPHONE NUMBER (717) 564-7724 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) (1) (2) (3) (4) (5) 160,000.00 1,660.00 0.00 0.00 279,213.00 ~..<~ 3. Closely Held Corporation, Partnership or Sole-Proprietorship z o ~ ...I :) l- ii: <I:: o W 0:: 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 167,652.00 273,221.00 0.00 (6) 0.00 C) (7) 0.00 440,873.00 (9) (10) (8) 4,202.00 163,450.00 (11) (12) (13) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 273,221.00 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o ~ ... :) l1. ::i o o ~ 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) x.O_ (15) 273.221.00 x.O~ (16) x .12 (17) x .15 (18) (19) 12,294.95 16. Amount of Line 14 taxable at lineal rate 12,294.95 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at coUeteral rate 19. Tax Due 20.0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT '___~_1'11<< Decedent's Complete Address: STREET ADDRESS 900 Brentwater Road CITY Camp Hill I STATEpA TZ'P 17101 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) (1) 2. CreditsJPayments A. Spousal Poverty Credit 8. Prior Payments C. Discount 12,294.95 Total Credits ( A + 8 + C ) (2) 614.75 3. InterestlPenalty if applicable D. Interest E. Penalty TotallnterestlPenalty ( D + E ) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 0.00 8. Enter the total of Line 5 + SA. This is the BALANCE DUE, (SA) (58) 0.00 12,294.95 0.00 12,294.95 5, If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE, (5) A. Enter the interest on the tax due. Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS No ~ ~ ~ Dil ~ ~ ~ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 1. Did decedent make a transfer and: Yes a. retain the use or income of the property transferred; .....................................,.................................................... D b. retain the right to designate who shall use the property transferred or its income; ........,................................... D c. retain a reversionary interest; or.......................................................................................................................... D d. receive the promise for life of either payments, benefits or care? ...................................................................... D 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ D DATE ADDRESS SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS For dates of death on or after July 1, 1994 and belOre January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retum 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 twenty-one years of age or younger at death to or for the use of a natural paren~ an adoptive paren~ or a stepparent of the child is 0% [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedenrs lineal beneficiaries is 4.5%, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedenfs siblings is 12% [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 deceden~ whether by blood or adoption. REV-1510 EX+ (6-98. COMMONVVEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF Bonnie S. Shepler This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side oflhe REV-1500 COVER SHEET is yes. FILE NUMBER DESCRIPTION OF PROPERTY ITEM INClUllE TIE NAIIE OF TIE 11WI5FEREE. THEIR RElJIfION5HP TO DECEIlENT AND DATE OF DEATH ex. OF DECD'S EXCLUSION TAXABLE NUMBER TIE DATE OF 11lANSfER. ATTACH A copy OF TIE DEED fOR REAL ESTATE. VALUE OF ASSET INTEREST IF APPUCAIllE) VALUE 1. 401K Account to Lori C. Duarte, daughter on Dec. 20, 2004 12,000.00 100 12,000.00 2 Teamsters 776 Pension Account to Lori C. Duarte, daughter on Jan. 28, 2005 202,000.00 100 202,000.00 3 Teamsters 53 Pension Account to Lori C. Duarte, daughter. Not yet received. 53,000.00 100 53,000.00 100 100 100 TOTAL (Also enter on line 7 Recapitulation) $ 267,000.00 (If more space is needed. insert additional sheets of the same size) REV-1502 EX+ (6-98. COMMONVVEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF Bonnie S. Shepler AI ...1 property ClIWI1Id saIeIy or as . ..... in common nud be report8d It lIir IIIIrtcet Vllue. Fair market value is defined as the price at which property would be exchanged between a wiDing buyer and a willing seHer. neither being compelled to buy or sell, both having reasonable knowledge d the relevant fads. RIll property whiolt is jointly.-ned with right of lIIIrVivorship must be discIoIed on Schedull F. FILE NUMBER ITEM NUMBER 1. DESCRIPTION House and properly located at 900 Brentwater Road, Camp Hill, PA 17101. VALUE AT DATE OF DEATH 160,000.00 TOTAL (Also enter on line 1, Recapitulation) $ (If more spa<:e is needed, insert additional sheets d the same size) 160,000.00 REV-1503 EX+ (6-98. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF Bonnie S. Shepler FILE NUMBER AU property joInlly-owned with right of survivorship must be dlsc:losed on Schedull F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Metropolitan Life Common Stock Shares 1,660.00 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) 1,660.00 REV-1508 EX+ (6-98) '* COMMONIfv'EALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Bonnie S. Shepler FILE NUMBER Include the proceeds r:J litigation and the date the proceeds were received by the estate. All property jointty.owned with..vht of survivorship must be disalosecl on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Citizens Bank Checking Account 1,685.00 2 Citizens Bank Savings Account 421.00 3 PA Central Federal Credit Union Savings Account 1182903-013 1,802.00 4 PA State Employees Credit Union Savings Account #176-34-9059 305.00 5 Personal property 2,500.00 6 Auto 1999 Toyota Cam!)' 5,500.00 7 Mass Mutual 401 K Savings Account 12,000.00 8 Teamsters 776 Pension Account 202,000.00 9 Teamsters 53 Pension Account 53,000.00 TOTAL (Also enter on line 5, Recapitulation> $ (If more space is needed. insert additional sheets r:J the same size) 279,213.00 REV-1511 EX+ (12-99). COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAl EXPENSES & ADMlNISTRAllVE COSTS ESTATE Of Bonnie S. Shepler FILE NUMBER Debts of decedent must be reported on Schedule L ITEM NUMBER A. DESCRIPTION AMOUNT ,. FUNERAl EXPENSES: Funeral seMces and cremation as conducted Fackler Weideman Funeral Horne on Dec. 21, 2004. 4,202.00 B. ADMINISTRATIVE COSTS: ,. Personal Representative's Commissions Name of Personal Representatlve(s) Social Security Number(s)/EIN Number of Personal Representatlve(s) Street Address City . State Zip Year(s) Commission Paid: 2. Attorney Fees 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State .Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. lUTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 4,202.00 - SCHEDULE I DEBTS OF DECEDENT, MORTGAGE UABlunES, & UENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Bonnie S. Shepler Report debts Incurred by the decedent prior to death which remained unpaid as of the date of death, including unrelmbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH FILE NUMBER 1. Wells Fargo 30 Year Home Mortgage Loan 110030135016 Wells Fargo 30 Year Home Equity Loan 1A550 291 3356 1998 125,500.00 37,950.00 2. TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 163,450.00 REV-1513 EX+ (9-00) * COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(SI RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions. and transfers under Sec. 9116 (al (1.2)) Lori C. Duarte, 3614 Montour Street, Harrisburg, PA 17111 Daughter 100.00 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET n NON- TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER lUTAl NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0.00 (If mOrt space is needed, insert additional sheets of the same size)