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HomeMy WebLinkAbout02-21-14 (2) ` INHERITANCE TAX pennsytvania BUREAU OF INDIVIDUAL TAXES RECORD ADJUSTMENT DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION REV-1593 E% AFP (12-13) PO BOX 280601 HARRISBURG PA 17128-0601 DATE 02-03-2014 ESTATE OF STEEVER CHARLES E DATE OF DEATH 11-07-2011 FILE NUMBER 21 12-1291 COUNTY CUMBERLAND ACN 101 EDGER ESQ PAUL D Amount Remitted STE 203 5006 E TRINDLE RD MAKE CHECK PAYABLE AND REMIT PAYMENT TO: MECHANICSBURG PA 17050-3651 REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 NOTE: To ensure proper credit to your account, submit the upper portion of this form with your tax payment. CUT ALONG THIS LINE --+ RETAIN LOWER PORTION FOR YOUR RECORDS 4-- ---------------------------.......m---------------_.-_.-_-__--------.------------------------------------------- REV-1593 EX AFP (12-133 ** INHERITANCE TAX RECORD ADJUSTMENT X■ ESTATE OF:STEEVER CHARLES E FILE NO. :21 12-1291 ACN: 101 DATE: 02-03-2014 ADJUSTMENT BASED ON: ADMINISTRATIVE CORRECTION VALUE OF ESTATE: _ 1. Real Estate (Schedule A) (1) .00 2. Stocks and Bonds (Schedule 8) (2) .00 (-C 3. Closely Hold Stock/Partnership Interest (Schedule C) (3) , 00 4. Mortgages/Notes Receivable (Schedule D) (4) ,00 S. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 76,247.59 -- •.�7 6. Jointly Owned Property (Schedule F) (6) .00 7. Transfers CSohedula G) (7) _00 C7C 8. Total Assets (a) ,. 76;247.59- '�' DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Administrative Costs/ C: Miscellaneous Expenses (Schedule H) (9) 4,170.63 10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 6,104.97 11. Total Deductions (11) 10,275.60 12. Net Value of Tax Return C12) 65,971 .99 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) .00 14. Net Value of Estate SUbject to Tax (14) 65,971.99 TAX: 15. Amount of Line 14 at Spousal rate (15) .00X.00 .00 16. Amount of Line 14 taxable at Lineal/Class A rate (16) .00x. 045 .00 17. Amount of Line 14 at Sibling rate (17) .00x.12 . 00 18. Amount of Line 14 taxable at Collateral/Class B rata (18) 65.971 .99 y.15 9,895.80 19. Principal Tax Due (19) 91895.80 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (f) AMOUNT PAID DATE NUMBER INTEREST/FEN PAID -(-)— 10-15-2013 CDO18250 .00 3,113.74 INTEREST IS CHARGED THROUGH 02-18-2014■ TOTAL TAX PAYMENT 3,113.74 AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 6,782.06 REVERSE SIDE OF THIS FORM INTEREST AND PEN. 422.24 TOTAL DUE 7,204.30 r IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A ^CREDIT^ (CR), YOU MAY BE DUE 1 FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THTS FnOM eoo ...•. --.-•••- PAYMENT. Detach the top portion of this notice and submit with your payment made payable to the name and address printed an the reverse side. if payment is for a Resident Decedent, make chock or money order payable to: Register of Wills, Agent, If payment is for a Non-resident Decadent, make chock or money order Payable to: Commonwealth of Pennsylvania. Failure to Day the tax, interest, and penalty due aay result in the filing of a lien of record in the appropriate county, or the issuance of an Orphan's Court citation. REFUND (CR)s A refund of a tax credit, which was at requested on 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 www teyonue.state pa.us , any Register of Wills or Revenue District Office, or from the Department's 24-hour answering service: I-800.362.2050; services for taxpayers with special hearing and/or speaking needs: 1.800-447-3020 (TT only). REPLY TO: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue,Bureau of Individual Taxes, ATTH, Post Assessment Review Unit, PO Box 280601, Harrisburg PA 17128.0601, or call (717) 787-6505. DISCOUNT: If any tax due is paid within three calendar months after the decedent's death, a five oercentdiscount of the tax paid is allowed. PENALTY, The 15 percent tax amnesty non-participatiom penalty is computed an the total of the tax and interest assessed, and not Paid before Jan. 18, 1996, (the first day after the and of the tax amnesty Period.) INTEREST, Interest is charged beginning with first day of delinquency or nine months and and day from the date of death to the data 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 O.OD9164. All taxes which became delinquent on and after Jan. 1, 1982, will bear interest at a rate which varies from year to year with the rateannounced 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.pa.us . The applicable Interest rates for 2007 through 2014 araa Interest Daily interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 2007 8% .000219 2008 7Y .600192 2009 5% .000137 2010 4Y- .000110 2011-2014 3% .000082 Interest is calculated as follwse INTEREST q 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 tofifteen days beyond the date of the assessment, If payment is made after the interest computation data shounon the notice, additional interest aust be calculated. RE 44M El!{01-10} pennsytvania INHERITANCE TAX DEPARTMENT OF REVENUE EXPLANATION BUREAU OF INDIVIDUAL TAXES OF CHANGES PO Box 280601 DECEDENT'S NAME Charles E. Steever FILE NUMBER 2112-1291 REVIEWED BY ACN James (Agent 197) 101 ITEM SCHEDULE NO, EXPLANATION OF CHANGES Deductions for taxes due in the amount of$212.20 & $26.43 have been credited to the following ACN(s): Page 1