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HomeMy WebLinkAbout06-17-14 PORE OF INDIVIDUAL TAXES Pennsylvania Inheritance Tax pennsylvania HARRISBURG PA 17128-0681 InfOrmaYlOn NOYICe DEPARTMENT OF REVENUE "`° 13 1 80 (08-12) And Taxpayer Response FILE NO.2113-1280 ACN 14123658 DATE 05-07-2014 Type of Account Estate of MARY C THOMAS Savings SSN 160-36-3464 Checking Date of Death 09-11-2013 Trust TODD L WHITNEY County CUMBERLAND Certificate 115 BIG SPRING TER NEWVILLE PA 17241-9111 METRO BANK provided the department with the information below indicating that at the death of the above-named decedent you were a joint owner or beneficiary of the account identified. Account No.537043077 Remit Payment and Forms to: Date Established 06-17-2005 REGISTER OF WILLS Account Balance $3,290.08 1 COURTHOUSE SQUARE Percent Taxable X 50 CARLISLE PA 17013 Amount Subject to Tax $ 1,645.04 Tax Rate X 0.150 Potential Tax Due $246.76 NOTE`: If tax payments are made within three months the decedent's date of death,deduct a 5 percent discount on the tax With 5%Discount(Tax x 0.95) $ (see NOTE`) due. Any inheritance tax due will become delinquent nine months after the date of death. PART Step 1 : Please check the appropriate boxes below. r ; a A ❑No tax is due. I am the spouse of the deceased or I am the parent of a decedent wl 21 years old or younger at date of death. Proceed to Step 2 on reverse. Do not check any other boxes and disregard the ai u, shown above as Potential Tax Due. O " r . B The infona p tion is The above information is correct, no deductions are being taken, and payment will be se! (�Sj.]' UO correct. with my response. !, o O Proceed to Step 2 on reverse. Do not check any other boxes. O C The tax rate is incorrect. ❑ 4.5% 1 am a lineal beneficiary (parent,child, grandchild, etc.)of the decease( O 0 .—� O (Select correct tax rate at U O right, and complete Part ❑ 12% 1 am a sibling of the deceased. I� � U 3 on reverse.) U ❑ 15% All other relationships (including none). D ❑Changes or deductions The information above is incorrect and/or debts and deductions were paid. listed. Complete Part 2 and part 3 as appropriate on the back of this form. E F71Asset will be reported on The above-identified asset has been or will be reported and tax paid with the PA Inheritance Tax inheritance tax form Return filed by the estate representative. REV-1500. Proceed to Step 2 on reverse. Do not check any other boxes. Please sign and date the back of the form when finished. � 1 PART Debts and Deductions 2 Allowable debts and deductions must meet both of the following criteria: A. The decedent was legally responsible for payment,and the estate is insufficient to pay the deductible items. B. You paid the debts after the death of the decedent and can furnish proof of payment if requested by the department. (If additional space is required,you may attach 8 1/2"x 11"sheets of paper.) Date Paid Payee Description Amount Paid Total Enter on Line 5 of Tax Calculation $ PART Tax Calculation _ - 3 If you are making•a correction to the establishment date(Line 1)account balance(Line 2),or percent taxable(Line 3), please obtain a written correction from the financial institution and attach it to this form. 1. Enter the date the account was established or titled as it existed at the date of death. 2. Enter the total balance of the account including any interest accrued at the date of death. 3. Enter the percentage of the account that is taxable to you. a. First,determine the percentage owned by the decedent. i. Accounts that are held"in trust for"another or others were 100%owned by the decedent. ii. For joint accounts established more than one year prior to the date of death,the percentage taxable is 100%divided by the total number of owners including the decedent. (For example:2 owners=50%,3 owners=33.33%, 4 owners =25%,etc.) b. Next,divide the decedent's percentage owned by the number of surviving owners or beneficiaries. 4. The amount subject to tax is determined by multiplying the account balance by the percent taxable. 5. Enter the total of any debts and deductions claimed from Part 2. 6. The amount taxable is determined by subtracting the debts and deductions from the amount subject to tax. 7. Enter the appropriate tax rate from Step 1 based on your relationship to the decedent. indicating a different tax rate,please state Official Use Only ❑AA your relationship to the decedent: PA Department of Revenue 1. Date Established 1 2. Account Balance 2 $ PAD 3. Percent Taxable 3 X 1 2 4. , Amount Subject to Tax 4 $ 3 5. Debts and Deductions 5 4 6." Amount Taxable 6 $ 5 7. Tax Rate 7 X 6 8. Tax Due 8 $ r 8 9. With 5%Discount (Tax x .95) 9 X Step 2: Sign and date below. Return TWO completed and signed copies to the Register of Wills listed on the front of this form, along with a check for any payment you are making. Checks must be made payable to"Register of Wills,Agent." Do not send payment directly to the Department of Revenue. Under penalty of perjury, I declare that the facts I have reported above are true,correct and complete to the best of my knowledge and belief. / Work �^( Home Taxp er ignature Telephone Number Date IF YOU NEED FURTHER ASSISTANCE, CONTACT PENNSYLVANIA DEPARTMENT OF REVENUE DISTRICT OFFICE, OR THE INHERITANCE TAX DIVISION AT 717-787-8327. SERVICES FOR TAXPAYERS WITH SPECIAL HEARING AND/OR SPEAKING NEEDS ONLY: 1-800-447-3020 J 1505610105 REV-1500 EX(w,')(FB PA Department of Revenue PannsyttvaMa OFFICIAL USE ONLY Bureau of Individual Taxes ""` . County Code Year File Number PO BOX 28o6o1 INHERITANCE TAX RETURN yp Harrisburg,PA 17128-0601 RESIDENT DECEDENT L9 J'J �oL 0 L ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 160-36-3464 09111/2013 04/23/1944 Decedent's Last Name Suffix Decedent's First Name MI Thomas Mary C (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI Spouse's Social Security Number " ' THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW CID 1.Original Return C=D 2.Supplemental Return C'1 3. Remainder Return(Date of Death Prior to 12-13-82) p 4.Limited Estate C= 4a.Future Interest Compromise(date of 5. Federal Estate Tax Return Required death after 12-12-82) X C-D 6.Decedent Died Testate O 7.Decedent Maintained a Living Trust _., 8.Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust.) . C= 9.Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death CM 11. Election to Tax under Sac.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 LCgVepflone Numi&R :O x a ;;0 M Kimberly A Hawkins g 0 � rrI c-> CO -n — o R S' WILLS USE ON+YC1 D = M CPI :73 C> First Line of Address z O C> a n n -n -Y7 164 Faith Circle n ^ Second Line of Address = :;a j P- Cn C> CD City or Post Office State ZIP Coda DATE FILED Carlisle Pa 17013 Correspondent's e-mail address: Under penalties of perjury.I declare that I have examined this return.Including accompan'ymg schedules and statements,and to the best of my knowledge and belief, 11 Is true,correct and complete.Declaration of preparer other than the personal represanietive is based an all infonnatlon of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ADDRESS SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE 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: Mary C Thomas 160-36-3464 RECAPITULATION 1. Real Estate(Schedule A). ............................................ 1. 0.00 2. Stocks and Bonds(Schedule B) ....................................... 2. 0.00 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 0.00 4. Mortgages and Notes Receivable(Schedule D)........................... 4. 0.00 5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. 0.00 6. Jointly Owned Property(Schedule F) O Separate Billing Requested ....... 6. 6,395.00 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) m Separate Billing Requested........ 7. 8. Total Gross Assets(total Lines 1 through 7)............................. 8. 6,395.00 9. Funeral Expenses and Administrative Costs(Schedule H)................... 9. 7,374.00 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule I)............... 10. 335.00 11. Total Deductions(total Lines 9 and 10)................................. 11. _ 7,709.00 12. Net Value of Estate(Line 8 minus Line 11) .............................. 12. 0.00 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J) .............. ......... 13. 0.00 14. Net Value Subject to Tax(Line 12 minus Line 13) ........................ 14. 0.00 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X.0_ 15. 16. Amount of Line 14 taxable at lineal rate X.0_ 16. 17. Amount of Line 14 taxable - - -at sibling rate X.12 17. 18. Amount of Line 14 taxable at collateralrate X.15 18. 19. TAX DUE ......................................................... 19. 0.00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT p Side 2 L 1505610205 1505610205 J pennsylvania SCHEDULE F DEPA R TMENT OF REVENUE TAX RETURN JOINTLY-OWNED PROPERTY RESIDENT DECEDENT 'tINHERITANCE ATE OF:ry C Thomas _ FILE NUMBER: If an asset became jointly.owned within one year of the decedeTJt's date of death,it must be reported on Schedule G. SURVIVING JOINT TENANT(S)NAME(S) ADDRESS RELATIONSHIP TO DECEDENT A.Carl Thomas 115 Big Springs Terrace 187-52-0139 Newville, Pa 17241 son B.Todd L Whitney 115 Big Spring.Terrace 177-54-2377 - Newville, Pa 17241 none C i JOINTLY OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY IFEN FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECEDENT'S DATE OF VALUE OF NUMBER TENANT MINT IDENFIRTNG NUMBER.ATTACH DEED MR JOINTLY HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENTS INTEREST ' I. A. 0724/06 Mobile Home-212FDR60B900 9,500.00 50 4,750.00 2 B 01/01/05 CheckingAccount4MetrobankAW#537043077 3,290.00 50 1,645.00 TOTAL(Also enter on Line 6, Recapitulation) $ 6,395.00 If more space is needed,use additional sheets of paper of the same size. 6 �k r� �t LS 4� C2 =- l c.p.�