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HomeMy WebLinkAbout04-01-14 (2) J 1505610105 REV-1500 EX 02-W(F" OFFICIAL USE ONLY PA Department of Revenue Pennsylvania Bureau of Individual Taxes County Code Code Year File Number PO BOX28o6D1 INHERITANCE TAX RETURN Harrisburg PA 17128-0601 RESIDENT DECEDENT a�{ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 02128/2031 08/29/1922 Decedent's Last Name Suffix Decedent's First Name MI Bell--Revised Mrs Ann M (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouses First Name MI Spouse's Social Security Number THIS RETURN MUST BE PILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW C=) I.Original Return (AD 2.Supplemental Return C=) 3. Remainder Return(Date of Death Prior to 1243-82) O 4.Limited Estate O 4a.Future interest Compromise(date of O 5. Federal Estate Tax Return Required death after 12.12-82) COD 6.Decedent Died Testate O 7.Decedent Maintained a Living Trust 8. Total Number of Sate Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) O S.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 DIRECTLo: Name Daytime Teteptic"Number s M David J Bell (717)737-67�il(D o REGISTE0 t Q SE ONLY M r.. Z In U! C> First Line of Address 'n O nO � n -n 430 Allendale Ways T m Second Line of Address ~O O D CO City or Post Office State ZIP Code DATE FILED Camp Hill PA 17011 Correspondent's e-mail address:jefun @aol.COm Under penalties of perjury,I declare that I have examined this mtum,Including accompanying schedules and statements,and to the best of my knowledge and belle(, It is We,oa ect and oompmte.Declaration of proparer other than the personal representative is based on all information of which proparor has any knowledge. SIGNAT E OF PERSQN PO D R Ft iNG RN DATE S o �n Af o SIGNATURE OF PREPARER OTHER THAN REPRE&&AT DATE ADDRESS PLEASE USE ORIGINAL FORM ONLY Side 1 1505610105 1505610105 J 1505610205 REV-1500 EX(FI) Decedent's Social Security Number Decedent's Name: Ann M. Bell RECAPITULATION 1. Real Estate(Schedule A). ..... .................. ..................... 1 124,540.00 2. Stocks and Bonds(Schedule B) ........... Z 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3, 4, Mortgages and Notes Receivable(Schedule D)........................... 4. 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... S. T 304,899.19 6. Jointly Owned Property(Schedule F) C=) Separate Billing Requested . & T Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) O Separate Billing Requested........ 7. 8. Total Gross Assets(total Lines I through 7) S. 429,439.19 9, Funeral Expenses and Administrative Costs(Schedule H)............. ...... 9. 23,940.00 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............... 10. 11, Total Deductions(total Lines 9 and 10)................................. % 12. Not Value of Estate(Una 8 minus Line 11).,.................... ... 12. 405,499.19 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made(Schedule J) ..... .......... .. .... 13. 14. Not Value Subject to Tax(Line 12 minus Line 13) ....... .......... 14. 406,499.19 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under See.9116 (a)(1.2)X,0_ 16, Amount of Line 14 taxable at lineal rate X.0 45 18,247.46 18. 18,247.46 17. Amount of Line 14 taxable at sibling rate X.12 17, 18, Amount of Line 14 taxable at collateral rate X.15 18. 19. TAX DUE ............ ............... ...... 19. 18,247.46 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT C=:) Side 2 1505610205 1505610205 REV-1500 EX(Fl) Page 3 File Number Decedent's Complete Address: DECEDENTS NAME Ann M Bell STREET ADDRESS 1501 Simpson Ferry Rd CITY STATE ZIP New Cumberland PA 17070 Tax Payments and Credits: 1. Tax Due(Page 2,Line A) (1) 18,247.46 2. Credits/Payments A Prior Payments 15,900.00 B.Discount Total Credits(A+B) (2) 3. Interest (3) 4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. Fill In oval on Page 2,Line 20 to request a refund. (4) 5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 2,347.46 Make check payable to: 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.......................................................................................... ❑ E b. retain the right to designate who shall use the property transferred or its income............................................ ❑ E c. retain a reversionary interest.............................................................................................................................. 11 ■ d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ N 2. If death occurred after Dec.12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ 3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ........................................................................................................................ ❑ E 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.1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 P.S.§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)(1.1)(ii)].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 dales 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 the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in(72 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-iSoB EX+(oS-iz) pennsylvania SCHEDULE E DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC. INHERrTANCE TAX RErURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF: / HUMMER: Ann MBell Include the proceeds of litigation and therdate the proceeds were received by the estate. All property jointly owned with right of survivorship must be disclosed on Schedule F. REM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1, Transfer of funds from her sisters estate—Revision 52,153.19 2 House(see attached) 124,540.00 3 Savings 221,650.00 4 Checking 21,920.00 5 Car 2,601.00 6 Truck 1,575.00 7 Personal property 5,000.00 Ind:Clothes,fumature,Tools yard supplies ect. TOTAL(Also enter on Line 5, Recapitulation) $ 429,439.19 If more space is needed,use additional sheets of paper of the same size.