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INHERITANCE TAX pennsylvania
BUREAU OF INDIVIDUAL TAXES RECORD ADJUSTMENT DEPARTMENT OF REVENUE
INHERITANCE TAX DIVISION REV-1593 IX AFP (12-13)
PO BOX 280601
HARRISBURG PA 17128-0601
DATE 07-29-2014
ESTATE OF HARRIS HARRIET D
DATE OF DEATH 06-26-2010
FT/LE NUMBER 21 10-0675
COUNTY CUMBERLAND
ACN 101
ZULLINGER JOEL R Amount Remitted
STE 200
14 N MAIN ST MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
CHAMBERSBURG PA 17201
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 1 RETAIN LOWER PORTION FOR YOUR RECORDS 4--
REV-1593 EX AFP (12-13) ■ INHERITANCE TAX RECORD ADJUSTMENT *r
ESTATE OF: HARRIS HARRIET D FILE NO. :21 10-0675 ACN: 101 DATE: 07-29-2014
ADJUSTMENT BASED ON: ADMINISTRATIVE CORRECTION
VALUE OF ESTATE:
1. Real Estate (Schedule A) Cl) 107,000.00
2. Stocks and Bonds (Schedule B) (2) .00
S. Closely Held Stock/Partnership Interest (Schedule C) (3) .00
4. Mortgages/Notes Receivable (Schedule D) (4) . 00
5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 2,520.97
6. Jointly Owned Property (Schedule F) (6) 29,731 .22
7. Transfers (Schedule G) (7) .00
S. Total Assets (8) 139,252. 19
DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Administrative Costs/
Miscellaneous Expenses (Schedule H) (9) 16,535.92
10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 2,738.97
11. Total Deductions (11) 19,274.89
12. Net Value of Tax Return (12) 119,977.30
13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) . 00
14. Net Value of Estate Subject to Tax (14) 119,977.30
TAX:
n 1+
15. Amount of Line 14 at Spousal rate (15) , 00 X.00 �Q
16. Amount of Line 14 taxable at Lineal/Class A rate (16) _ ��'
119,977.30x.04 7 5c$98.
17. Amount of Line 14 at Sibling rate
un . Box, 12�
18. Amount of Line 14 taxable at Collateral/Class B rate (18) ,00 x. 15 L^ 0,i,j
19. Principal Tax Due
(19T --
TAX CREDITS: (-)r,> 59.,(� 8.98 �T_s
PAYMENT RECEIPT DISCOUNT (+)
DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID
09-20-2010 CDO13382 (::D
247.50 4,702.50
t^ 'T
03-14-2011 CDO14137 . 00 448.96
05-16-2011 SBADJUST . 00 .02
TOTAL TAX PAYMENT 5,398.98
BALANCE OF TAX DUE .DO
INTEREST AND PEN. ._00
TOTAL DUE .00
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 OF THIS FORM FOR INSTRUCTIONS.) VA9'
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p enns y INHERITANCE TAX
it DEPARTMENT OF REVENUE EXPLANATION 6/26/2010
BUREAU OF INDIVIDUAL TAXES OF CHANGES
PO Box 280601
HARRISBURG PA 17128-0601
DECEDENTS NAME FILE NUMBER
Harriet D. Harris 21 10-0675
REVIEWED BY ACN
Steven James 101
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
A 1 Section 2121(a) of the Inheritance and Estate Tax Act of 1991, 72 P.S. § 9191(a), states the
valuation date shall be the date of the transferor's death. The Department regards an
arms-length sale within fifteen (15) months of the decedent's death to be a good indicator
of fair market value. A complete, detailed, professional appraisal valuing real property at
date of death is also considered as evidence. Absent either a sale or an appraisal, the
Department has utilized the "computed value" approach based on the yearly findings of
the State Tax Equalization Board. As the sale of the real estate took place more than
fifteen (15) months after the decedent's death, it is too long after death for the sales price
to be a good indication of fair market value at the time of death. Also, as the decedent's
son was the sole beneficiary of the estate, the real estate did not need to be sold to effect
distribution of the estate. Therefore, the closing costs that inure to the benefit of the sole
beneficiary would also not be appropriate as deductions for the decedent.
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