HomeMy WebLinkAbout07-07-14 NOTICE OF INHERITANCE TAX ( pennsylvania
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES OF DEDUCTIONS AND ASSESSMENT OF TAX -
INHERITANCE TAX DIVISION REV-1547 EX AFP (08-15)
PO BOX 280601
HARRISBURG PA 17128-D601
DATE 07-07-2014
ESTATE OF WATTS ELIZABETH E
DATE OF DEATH 06-04-2013
FILE NUMBER 21 13-0690
COUNTY CUMBERLAND
SHULTZ SEAN M ACN 101
26 W HIGH ST APPEAL DATE: 09-05-2014
CARLISLE PA 17013 (See reverse side under Objections)
Amount Remitted
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
1 COURTHOUSE SQUARE
CARLISLE PA 17013
CUT ALONG THIS LINE RETAIN LOWER PORTION FOR YOUR RECORDS
___ _______________________________________________________________________________________
REV_-1547 EX AFP (08-13J NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ESTATE OF: WATTS ELIZABETH EFILE NO. :21 13-0690 ACN: 101 DATE: 07-07-2014
TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE
APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN
1. Real Estate (Schedule A) (1) 290,000 .00 NOTE: To ensure proper
2. Stocks and Bonds (Schedule B) (2) 51,408.44 credit to your account,
00 submit the upper Portion
S. Closely Held Stock/Partnership Interest (Schedule C7 (3) . of this form with your
4. Mortgages/Notes Receivable (Schedule D) (4) •00 tax Payment.
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 203,222.28
6. Jointly Owned Property (Schedule F) (6) 30,000.00
7. Transfers (Schedule G) (7) 82,191 .98
8. Total Assets (8) 656.822.70
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 18,220 .24
10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 7,656. 14
11. Total Deductions (11) 25,876.38
12. Net Value of Tax Return (12) 630,946.32
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) • 00
14. Net Value of Estate Subject to Tax (14) 630,946.32
NOTE: If an assessment was issued previously, Lines 14, 15, 16, 17, 18 and/or 19 will
reflect figures that include the total of all returns assessed to date.
ASSESSMENT OF TAX:
15. Amount of Line 14 at spousal rate (15) .00 X 00 = .00
16. Amount of Line 14 taxable at lineal rate (16) ADD-946 -;9 X 045 = 27,042.59
17. Amount of Line 14 at sibling rate (17) 30.000.00 X 12 = 3,600.00
18. Amount of Line 14 taxable at collateral rate (18) .00 X 15 = .00
19. Principal Tax Due (19)= 30,642.59
TAX CREDITS:
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE NUMBER INTEREST/PEN PAID (-)
08-27-2013 CDO18068 1,526.32 29,000. 00
INTEREST IS CHARGED THROUGH 07-22-2014 TOTAL TAX PAYMENT 30,526.32
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 116.27
REVERSE SIDE OF THIS FORM JINTEREST AND PEN. 1 .33
TOTAL DUE 117.60
IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A CREDIT (CR), YOU MAY BE DUE
FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE FOR INSTRUCTIONS. \N
REV-1470 EX( 1-10)
ribpennsylvania INHERITANCE TAX
, DEPARTMENT OF REVENUE EXPLANATION
BUREAU OF INDIVIDUAL TAXES OF CHANGES
PO Box 280801
DECEDENT'S NAME FILE NUMBER
Watts, Elizabeth 2113.0690
REVIEWED BY ACN
Justin R. Gilmore 101
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
F 1 Joint assets are taxable outright to the beneficiaries before determining residue.
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