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Home My WebLink About11-10-14 (6) BUREAU OF INDIVIDUAL TAXES � � p�1111SyLV�11�� PO BOX 280601 Pennsylvania lnheritance Tax � HARRISBURG PA 17128-0601 IllfOrlTlat1011 NOtICe ' DEPARTMENT OF REVENUE '� � ��- REV-1543B E%DocEX L (0 2) And Taxpayer Response FILE NO.21 �-' �� 4 Z. ACN 14504804 DATE 07-25-2014 Type of Account Estate of ELIZABETH BULOTA Security SSN 207-14-1863 X SEC Acct Date of Death 07-03-2014 � _ Stock :._ MARK N WALDEN County CUMBERLAND � �n�g 1260 AVERILL DR �� Q r-r7 � BATAVIA IL 60510-3596 �:"a ;'� ,=; ;-; �? �� t� �� -- � , � , �� _.7 � �... ; ; � _ .; , _ C,.,� � r�.i !"i _ - - c� ,� ..'� __ .� J � -�� MERRILL LYNCH 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. Remit Payment and Forms to: Account No.898 Date Established REGISTER OF WILLS Account Balance $92,070.67 1 COURTHOUSE SQUARE Percent Taxable X 33.333 CARLISLE PA 17013 Amount Subject to Tax $30,689.92 Tax Rate X 0.045 Potential Tax Due $ 1,381.05 NOTE*: If tax payments are made within three months of the decedenYs 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. 1 A �No tax is due. I am the spouse of the deceased or I am the parent of a decedent who was 21 years old or younger at date of death. Proceed to Step 2 on reverse. Do nof check a��y other boxes and disregard the amount shown above as Potential Tax Due. g The information is The above information is correct, no deductions are being taken, and payment will be sent correct. with my response. Proceed to Step 2 on reverse. Do not check any other boxes. C �The tax rate is incorrect. ��9d,Ri6 I am a lineal beneficiary (parent,child, grandchild, etc.) of the deceased. (Select correct tax rate at "yr right, and complete Part � 12% I am a sibling of the deceased. 3 on reverse.) � 15% All other relationships (including none). p �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 Asset 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. 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 taxabie(Line 3), piease obtain a written correction from the financial institution and attacn 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. �� If indicating a different tax rate, please state ,�� \�� \��y\�� \\�� \ ��\�� \ �\\\�� \\. your relationship to the decedent: � � ,,�}� ��#�* �,,�, �,�� \\��\\��\�\\�� 5��Vl�� +i��\\p�\��\ � �\��\ �\� �� \� � � � ��\ ��\� 1. Date Established 1 �� o�,�� \�� "��\� ` �� \� � �\��\��\� \�\\�\��\ �,��\. �� \\� �� \��\��\�� `�\\��;\\� ��\� 2. Account Balance 2 � �� `� \ \��` �\\�� \\ \��\�\\\�`\��\��\�\��\o�\�\\y\�� y��a�\��\�� s�\��a��\�. � `�v 3. Percent Taxable 3 X ��..��°��°��;�°��\��`��\��`�� 4. Amount Subject to Tax 4 $ � �� c�� \��\�\\ti0��\y\�\\��\��;��\�\\\��\��\��\�� 5. Debts and Deductions 5 - � � � �� o�� "'��`��\\��\��\\�\��\�\� \�\��\��\ ��\��\\\��\� ��\\\\��o��\\��\��\��\� ��A � 6. Amou nt Taxable 6 $ ��i0�\\\��yo��\om\��\\��\\��\��\\�� `\� �� A � �� A� ��0��.��r\ 7. T3X R3t@ 7 X � _ :;.:.,..�..,..�A�� . ...AA�.V�:��:' � :..A�_,_��V��\a. �.�.. ��....;�� 8. Tax Due 8 $ � �� ; ` �� +� �� \�� V�0�V�� \��AVA�� V � .A�V AA��o�VO� �� VA�ti��. 9. Wlt�l rJ% �ISCOUfIt �T3X X .9�J� 9 X . ��:��,A�� ......... ��A��...: a��A��00\.a�� AVA\\�AA��:<'.AA�V�;a�.aa��. ��..,�..a`,i 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 �� c�a� o ��4 ��`��...� �-� �n/�--_ Home t� '�� vs,� '7 � zS'� ►'J Taxpayer Signature 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 ROBERT VAN HORN, P.C. ATTORNEY AT LAW November 6, 2014 123 NORTH FIFTH STREET TELEPHONE(610)740-0320 ALLENTOWN,PA 18102 TELEFAX(610)740-0339 robertvanhom@verizon.net Register of Wills Cumberland County Courthouse 1 Courthouse Square Suite 102 Carlisle, PA 17013 In re: Estate of Elizabeth Bulota, Deceased File No.: 2014-00902 Dear Madam/Sir: I serve as counsel to the above referenced estate. I now enclose three (3) copies each of Pennsylvania lnheritance Tax Information Notice relating to the estate's holding in two (2) Merrill Lynch accounts from each of the three (3) beneficiaries. Two of each packet are for filing and the third should be time-stamped and returned to me in the enclosed self-addressed stamped envelope. You will note that the asset witl be included with the inheritance tax filing. Call with any questions. Otherwise, thank you for your assistance. Very truly yours, /e�" �/�f�u---- Robert Van Horn RVH/msr cc: Steve Walden (without enclosures) Enclosures . � ,-.-;, �., r�` �y t'�` �, .,, :S 'ry` � .. `� . c:?� �Ca f1 :1 . , .. . . ^ r, ,;� J " '��,� '. (�7 ,/ C"`'1 - C? �-'� '°�� e1 � � O td N � W � z � � o � �° C � x � � k � � yx � � � � 0 N � V ^� \1 � VJ � l J � " +►3 � C � C (p �• � � ��. � � O 3 � � '�.aTw� (�c;: � N O � � n>' . � � Q C� O � O C � � � � W � 7 � � � �G emwvo'To�� (D � �; O C � � O �, C � ��. C � . _.. . -rl i C�.a�:;1 I ;j �'�• ,�,� � � — 'J �e , (� ..3 ..... ., , . . 'i �0 � ��'�:� �1 T ('!'�';`� � �� _,_ , _ , . . .. . _ .;_ ,.. .� -3 tr �.i�_��. �_�t. �.:J� ,,�< l,r s T �_7 , , { f,s