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HomeMy WebLinkAbout02-1051 Rb'-;500!:Xi6-00) '*'" COMMONWEALTH OF PENNSYLVANIA . . .'ilIi!. DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 n-\D3~ 02.- REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT W I- ~:!(/) uO:'" w"" ,,00 uO:"" .... .. '" I- Z W o w u w o DECEDENT'S NAME (LAST, FIRST, ~ND MIDDLE INITIAL) Otstot, Lorna M. DATE OF DEATH (MM-DD.YE~R) DATE OF BIRTH (MM-DD-YEAR) 9-2-2002 11-11-1913 IX] 1. Original Return o 4. Umited Estate o 6. Decedent Died Testate (Attach copy of Will) o 9. Utigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (clate of death afler 12-1Z-82) o 7. Decedent Maintained a Living Trust(/l.tt.achrop~CllTl\Is\l o 10. Spousal Poverty Credit (date ofcleath between 12-31-91 and 1-1-95) . OFFICIAL USE ONLY (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) FILE NUMBER 2 1 -0 2 0 () \ D S , CQUNTYCODE YEAR - NUMBER- -- - SOCI~L SECURITY NUMBER 172-01 - 8 8 0 4 x.o_ (15) x.O~ (16) X .12 (17) X .15 (18) (19) 19. Tax. Due CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 03. Remainder Return (date of death prior to 12.1,j il2j o 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes o 11. Election to lax under Sec. 9113(A) (AtlactlSctI0\ NAME Andrew C. Sheel FIRM NAME (If Applicable) Es uire (8) 33,737.83 COMPLETE MAILING ADDRESS Andrew C. Sheely, Esquire 127 South Market Street P.O. Box 95 Mechanicsburg, PA 17055 OFFIC-IAL USE' ONLY' -- I- Z W C Z o .. en '" '" 0: o " TELEPHONE NUMBER 1 - (11) (12) (13) 8,843.63 24,894.20 1. Real Estate (Schedule A) 2. Stoclr.s and Boods {Schedule B) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (1) (2) (3} (4) (5) (14) 24,894.20 z o !ci: ..J ::l l- ii: < u w D::: 4. Mortgages & Notes Receivable (Schedule DJ 5. Cash. Bank Deposits & Miscellaneous Persona! Property (Schedule E) 6. Jointly Owned Property (Schedule F) o Separate Billing Requested 7. InterNivos Transfers & Miscellaneous Non-Probate Property (Schedule G or L) 8. lotal Gross Assets (total lines 1-7) (7) 1,120.24 1,120.24 (6) 33,737.83 (9) 8,789.23 (10) 54.40 . 9. Funeral Expenses & Administrative Costs (Schedule H) 10. Debts of Decedent, Mortgage liabilities, & Liens (Schedule I) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o < I-' ::l a.. ~ o u g 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 16. Amount of Line 14 taxable at lineal rate 24,894.20 17. Amount 01 Une 14 taxable at sibling rate 18. Amount of Une 14 taxable at collateral rale 20.0 n~cedent's Complete Address: STREET ADDRESS 1---- Lorna M. Otstot 4837 Trindle Road " CITY I STATE PA I ZIP 17050 Mechanicsburg Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 1,120.24 1.061.28 "if! qF; (2) 58.96 Total Credits (A + B + C) 3. InteresUPenally if applicable D.lnterest E. Penalty TotallnteresUPenalty ( D + E ) (3) 1. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAVMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Une 3 is greater than Line 2, enter the difference. This is the TAX DUE. 1,061.28 A. Enter the interest on the tax due. (5) (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check Payable to: REGISTER OF WILLS, AGENT !jji,i{,''''''''-''---- . -'-~,"' '.~'"- ""'-~"'-"-'"-'_''r-''' ,,-..--.-- -..,-. ,..._...,,_.__~_~_'__lli"' .".. '--""'_..'il''''.,'_ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Ves a. retain the use or income of the property transferred;.......................................................................... ............... 0 b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 c. retain a reversionary interest; or........... ..... ............... ........ ....... .................... ..,..... ..... ....... .................................... D d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? ..... ........................... ,.,.. .............,......................., ,.............. ............,......, 0 3. Did decedent own an "in trust fo~' or payable upon death bank account or security at his or her death?.............. 0 4. Did decedent own an Individual Retirement Account, annuity, or other non.probate property which contains a beneficiary designation? .......... ..........,....................................... ............................................................. 0 No Q9 IX] IX] IX] Q9 Q9 Q9 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. RETURN Jack K. Otstot P.O. Box 294 Under penalties of pe~ury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal repres ntat~v is ba d on all information of which preparer has any knowledge. /1 r;.ATi_tJ2 November 11 2002 E DATE C. Sheely, sq . Nove er' 127 S. Market Street/P.O. Box 95 Mechanicsbura. PA 17055 lifl"' . ,-.-' - - ,.. --. .~~Iill,:'!i For dates of death on or after July 1. 1 994 and before January 1. 1995. the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 PS. ~9116 (a) (1.1) (i)J. 74~ Hessel, MI 49745 S ADDRESS (. . ,- For dates of death on or after January 1, 1995. the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (al (1.11 (ii)]. The statute does not exemot a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%. except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1)]. Tile tax rate Imposed on the net value of transfers to or for the use of the decedent's siblings Is 12% [72 P.S. ~9116(a)(1.3)]. A sibling is defined, under Section 9102, as an irlJividual who has at least one parent in common with the decedent, whether by blood or adoption. REV.""'.""11""* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX REtuRN RESIDENT DECEDENT SCHEDULE F JOINTL Y.OWNED PROPERTY ESTATE OF Lorna M. Otstot FILE NUMBER 21-02-0 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO OECEDENl A. JACK K. OTSTOT 3410 West Cedar Street Hessel, MI 4975 Son B. c. JOINTLY -OWNED PROPERTY: lETTER DATE DESCRIPTION OF PROPERTY %OF DAlE Of DEATH ITEM FOR JOINT MADE Include name of financial institution and bank account number O( similar Identifying numbel". Attach DATE OF DEATH DECO'S VALUE OF NUMBER TENANT JOINT deedforjoinUy-held realeslate. VALUE Of ASSET INTEREST DECEDENTS INTERES i 1. A. A 3/18/9l New England Securities l /37,249.15 0% $18,624.58 Account No. 4VB-I05870 Date of Death Balance $37,249.15 Accrued Interest $0.00 Lorna M. Otstot/Jack K. Otstot (See Attached Valuations) 2. A OI/28n Belco FCU 30,226.50 , 0% $15,113.25 Account No. 032050 Date of Death Balance $ 30,180.06 Accrued Interest $ 46.44 Lorna M. Otstot/Jack K. Otstot (See Attached /Decedent Estate lnformatio ) TOTAL (Also enter on line 6, Recapitulation) $ $33,737.83 (if more space is needed, insert additional sheets of the same size) 2. Account number: C~~ rf~ 3. Balance as of date of death: J~O;;Z Balance Accrued Dividends 1. Regular Savings: Christmas Club: Whatver Club: Checking: Money Market: ~ $ $ ~ Certificates: Balance $ $ $ $ $ 4. Date the account was initiated: 5. Name(s) in which Safe Deposit Box was held: ,.- BD.OO ::c:. Committed to Quality Service DECEDENT ESTATE INFORMATION + f,- J $ LJ ,7;7 $ $ $ - $ 42.Cn Accrued Dividends Certficate Number $ $ $ $ $ 1~71 6. Date the box was initially rented: 7. Branch address at which the box is located: 8. Loan Information: C. Mortgage Loans: $ $ $ $ $ $ $ $ $ 9. MiSCf'l.laneousRo)U..)("~.f~ ()~. ;P'fim~ NX')(!l J- Jhis 0Im;{& J'f rdtdn f.efe-llt o.dam.-'i __~d. J.JlfiS ~f1L 1(6' 0.._.-1 Q r:>tOf'rr") BELCO MMUNITY CREDIT UNION MAIN OFFICE 403 N. 2nd Street . P.O. B~::2Sit:: :::':~~;~::: 17108 . (717) 23-BELCO ~~~ A. Unsecured Loans: B. Secured Loans: Balance Accrued Interest Per Diem Int $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ SEP-3[J-:~OC2 110N 10:09 AI1 '1EW EIIGLAND FINllNClflL J:) <fl i g i . i l Ii Ii it 21 d ~i~ ~i!l io" ,Ii! IIll Ull '; l,f, , I' li !I li~~ ! I("~ .. - CIl Sl..J OJ ':J r ~ j ~ I III l.I) - ~ :j ~ t;; 1/ II II ~ * -bII- 4 4'r <' ~~cr~ cJ'\ -;...:C :J - .1..- ;,~ ~ 11 _ -J l;lo<it1" lI\ 'i 'll ~. iii. . Iii l!;' ~~ l :llS! I~ .J ~ 0;; ~ it .ft! 'jl" IT U VI ;h!'~' , ,\\1 i I ~~;llll It '~. a' I: 1,1 fi 11 U d Ii; Ii <e I ~~ ~... b\~ Jic q: r'1 II r ; .;> ~ r, 0 ~ ~ '3"'" J, .>(q')1$ , ~ ~ -Cl CIl ~ I f ? ~ ~I If - oc,>.>...c 0 ~ ~V"- ~ ;;< ><- >< ).J I ::1 ~ ..J:.. -D - G0'd 'P i!~f Ii il~~ if f~ II&. iL t... ~I ,~ .t :, \ ~ ~;: i ;; ~I .oI~ i' - Inl L' \G IX :: ~t tiN~ ,~ :"",,j:,, ~ ~l~~llf h; ~ E~ II U;i,', 11 ~., ~t ~:1 i~ ..! , FAX NO,I177E 11700 q~"i ..- O'l c:: "..I_lIEl ~: 0....1 !~~g, l~ I: jl l~ ill !! O!I f" '" ... ~'l' Pi 1P)so ) Q~~\ ~tO ~lOtt ... &l ~ S!l U~i1 '" &; ~,.l .. ~ ,,:a >-i, ,...s ~I ...6 ~, o .. '" o 1:\'11 j!f: i. hJ lLi ! ill; If;: C1 Qi' g J I ~ ~, ~ !!ill1" ~:: r; i::d!5 ~ ~:t. !!I m~ ~liiull~ii IS illliJSiSltl n . ~ I w : I ( "f j% ~I ~, ~~ l!Cj p, OdOd Z \\\ " m $:Z ill ~ ~ ~ ~ ~ m m = "2 ~ '1\ a) ~ ~ c ~ i ~ ~ ~ ~ ~ I ~ ~! i m I ~ . P~~!~ :.;.1:' ~~: lE ~l t:i e;,;I:-.~ ... 'i" >' tl :z: ~ij~~l~Cl ti' i -1 III 1 1 i , ~ 1" I S,Oi:!l1OS3Cl Cl:n:l3lV1:l3)IO~ S 7:60 ;::OOC -Il>: -d:3S ",.,,''':.,''''. COMMONWEALTH OF PENNSYLVANIA INHERHANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF Lorna M. Otstot FILE NUMBER 21-02-0 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A FUNERAL EXPENSES: 1. HETRICK FUNERAL HOME, HARRI.SBURG, PA $ 6,541.20 RECEPTION 469.03 FLOWERS 235.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions JACK K. OTSTOT- EXECUTOR Name of Personal Representative (5) Social Security Number(s) I EIN Number of Personal Representative{s} $ 0.00 3410 W. CEDAR STREET Street Address dlt",~r;L, PI1 4~"'..!S City State Zip Year(s) Commission Paid: 2. Attomey Fees ANDREW C. SHEELY, ESQUIRE, PER AGREEMENT $ 375.00 3. Family Exemp~on: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees CUMBERLAND COUNTY REGISTER OF WILLS $ .00 INHERITANCE TAX RETURN FILING FEE $ 15.00 5, Accountanfs Fees REIMBURSEMENTS TO JACK OTSTOT FOR MEALS " LODGING $ 1,154.00 6. Tax Return Preparer's Fees 7. TOTAL (Also enter on line 9, Recapituiation) $ $8,789.23 (If more space is needed, insert additional sheets of the same sile) . Estate Expenses / Jack K. Otstot, Executor Trip from Michigan to Pennsylvania Sept 2 Fuel Cost $135.00 (825 miles) Lodging $65.00 Meals $73.00 Tolls $15.50 Post Viewing Reception $81.51 $21.62 Hetrick Funeral Home $6541.20 Flowers for Casket & Floor Spray $235.00 Women of Zion - Reception $250.00 Farewell/Remembrance Luncheon $85.83 $30.07 Return Trip to Michigan Sept 9 Fuel Cost $135.00 (825 miles) Lodging $65.00 Meals $73.00 Tolls $15.50 Trip from MI to PA to finalize Estate Sept. 29 Fuel Cost $135.00 (825 miles) Lodging $65.00 Meals $73.00 Tolls $15.50 Verizon Final Bill $48.40 Vascular Associates Bal Due $6.00 Return Trip to Michigan Fuel Cost $135.00 (825 miles) Lodging $65.00 Meals $73.00 Tolls $15.50 Sub Total $8453.63 Attorney Fees Expenses for the Estate of Lorna M. Otstot $ HETRICK FUNERAL HOME, INC. . 3125 Walnut Street Harrisburg, Pennsylvania 17109 (717) 545-3774 TO: DATE: Jack Otstot 3410 W. Cedar Street Hessel, MI 49745 TERMS: September 10, 2002 N/A FOR FUNERAL EXPENSES OF: Loma Otstot Professional services, including facilities, equipment, and motor equipment Casket Vault Subtotal Cash advances by funeral home: Death certificates (10) Clergy honorarium Patriot News obituary charge Subtotal Final Total Less amount received 9/6 Account paid in full - thanks $ 3,935.00 1,525.00 900.00 6,360.00 20.00 100.00 61. 20 181. 20 $ 6,541.20 6,541.20 -0- REv 1512EX '(I-~i) ~ '~~ COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RES1DENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS EST ATE OF LOMA M. OTSTOT FILE NUMBER 21-02- Include unreimbursed medical expenses. ITEM NUMBER 1. DESCRIPTION AMOUNT Verizon - final bill 48.40 2 . Vascular Associates 6.00 TOTAL (Also enter on line 10, Recapituiation) $ $ 54 . 40 (It more space is needed, insert additional sheets 01 the same size) `' ,,~ s ~4 ~4~ ' jjj; j~ f e j i y `L Y ~ J ` ; ' ~! r' . ' f ~' . ~~ a ,-} ~~ \ ,^i {{~ 0 'd V w ~ ~` -~ ^" ~~~~. . ~ ,~ ~.~~ ~z~~= ~x=z Q _x w w E'1 a 0 U M 1"'~ ,'1 Q a '" 0 W U ~ o °' a HaW a W W H W?a a~u 1Tt r:. ~:~ ~~' .~., ,::; ,,.. .,., Telep~tone: (717) 697-70,50 ANDREW C. SHEENY - ATTORNEY AT L,AW - 127 South Mar~Zet Street P.O. Box 95 Mechanicsburg, Pennsylvania 17055 Fix: (71.7) 097-7005 February 8, 2003 Register of Wills Cumberland County Courthouse Carlisle, PA 17013 Dear Register of Wills: RE: The Estate of Loma M. Otstot No. 21-02-1051 Date of Death: September 2, 2002 Enclosed please find a check in the amount of $3.10 payable to the Register of Wills, Agent. Kindly apply this payment to the remaining amount due in this Estate. A copy of the Notice of Assessment is enclosed for your reference. Your time and consideration in this matter is greatly appreciated. Ver tr rs, AND S y ACS/bmk Enclosures c: Jack Otstot, Executor COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HAflRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT N0. CD 001880 SHEELY ANDREW C ESQUIRE P O BOX 95 127 SOUTH MARKET ST MECHANICSBURG, PA 17055 told ESTATE INFORMATION: ssN: 172-oi-8804 FILE NUMBER: 2102-1051 DECEDENT NAME: OTSTOT LOMA M DATE OF PAYMENT: 1 1 /22/2002 POSTMARK DATE: 00/00/OOOO COUNTY: CUMBERLAND DATE OF DEATH: 09/02/2002 ACN ASSESSMENT CONTROL NUMBER REV-1162 EX111-961 AMOUNT 101 ~ 51,061.28 TOTAL AMOUNT PAID: REMARKS: JACK K OTSTOT C/O ANDREW C SHEELY ESQUIRE CHECK#1139 SEAL INITIALS: DO RECEIVED BY: MARY C_ I FwIS 51,061.28 REGISTER OF WILLS REGISTER OF WILLS BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-601 ANDREW C SHEELY ESQ 127 S MARKET ST PO BOX 95 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX MECHANICSBURG PA••1;7055-0318 REV-1547 E% ~FP (O1-OS) DATE 01-13-2003 ESTATE OF OTSTOT LOMA M DATE OF DEATH 09-02-2002 FILE NUMBER 21 02-1051 COUNTY CUMBERLAND ACN 101 Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE------- RETAIN LOWER PORTION FOR YOUR RECORDS ~ ------------------- ----------------------------------------------------- -- -- --------- REV-1547 EX AFP (01-03) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF OTSTOT LOMA M FILE N0. 21 02-1051 ACN 101 DATE 01-13-2003 TAX RETURN WAS: (X) ACCEPTED AS FILED ( ) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) .00 NOTE: To insure proper 2. Stocks and Bonds (Schedule B) (2) .00 credit to your account, 3. Closely Held Stock/Partnership Interest (Schedule C) (3) .00 submit the upper portion 4. Mortgages/Notes Receivable (Schedule D) (4) .00 of this fora with o 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) .00 y ur tax payment. 6. Jointly Owned Property (Schedule F) (6). 33,737.83 7. Transfers (Schedule G) (7) .00 8. Total Assets (g) 33, 737.83 APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (q) 8,789.23 10. Debts/Mortgage Liabilities/Liens [Schedule I) (10) 54.40 11. Total Deductions (11) 8.843.63 12. Net Value ofi Tax Return (12) 24,894.20 13. Charitable/Governmental Bequests; Non-elected 9113 Trus ts (Schedule J) (13) .00 14. Net Value of Estate Subject to Tax (14) 24,894.20 NOTE: if an assessment was issued previously, lines 14, 15 andior 16, 17 18 and 19 will reflect figures that include the total of ALL , returns assessed to date. ASSESSMENT OF TAX: 15 . Amount of L ine 14 at Spousal rate (15 ) . 0 0 X 0 0 _ , 0 0 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 24,894.20 X 045. 1,120.24 17. Amount of Line 14 at Sibling rate (17) .00 X 12 - .00 18. Amount of Line 14 taxable at Collateral/Class B rate (18) .00 X 15 - .00 19. Principal Tax Due (lq). 1, 120.24 TOY f_RFi1TTC. DATE NUMBER INTEREST/PEN PAID (-) AMOUNT PAID 11-22-2002 CD001880 55.86 1,061.28 PAYMENT MUST BE MADE BY 06-02-2003*. TOTAL TAX CREDIT 1,117.14 BALANCE OF TAX DUE 3.10 INTEREST AND PEN. .00 TOTAL DUE 3.10 * IF PAID AFTER DATE INDICATED, SEE REVERSE ( IF TOTAL DUE IS LESS THAN 51, NO PAYMENT IS REQUIRED. FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate far life or far years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer Inheritance Taxes at the lawful Class B (collateral) rate on any such future interest. PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). PAYMENT: Detach the top portion of this Notice and submit with Your payment to the Register of Wills printed on the reverse side. --Make check or money order payable to: REGISTER OF NILLS, AGENT REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications era available at the Office of the Register of Wills, any of the 23 Revenue District Offices, or by calling the special 24-hour answering service for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and / or speaking needs: 1-SDD-447-3020 (TT only). OBJECTIONS: Any party in interest not satisfied with the appraisesent, allowance, or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60) days of receipt of this Notice hy: --written protest to the PA Department of Revenue, Board of Appeals, Dapt. 281021, Harrisburg, PA 17128-1021, OR --election to have the matter determined at audit of the account of the personal representative, OR --appeal to the Orphans' Court. ADMIN- ISTRATIVE CORRECTIONS: Factual errors discovered on this assessment should be addressed in writing to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 5 of the booklet ^Instructicns for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administratively correctable errors. DISCOUNT: If any tax due is paid within three (37 calendar months after the decedent's death, a five percent CS%) discount of the tax paid is allowed. PENALTY: The 15% tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the the same time period as you would appeal the tax and interest that has been assessed as indicated on this notice. INTEREST: Interest is charged beginning with first day of delinquency, or nine C9l months and one C1l day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2003 are: Interest Daily Interest Daily Interest Daily Veer Rate Factor Year Rate Factor Year Rate Factor 1982 2D% .000548 1987 9% .000247 1999 7% .000192 1983 16% .000438 1988-1991 11% .000301 2000 8% .000219 1984 11% .000301 1992 9% .OOD247 2001 9% .000247 1985 13% .000356 1993-1994 7% .000192 2002 6% .000164 1986 10% .ODD274 1995-1998 9% .000247 2003 5% .000137 --Interest is calculated as follows: INTEREST = 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 to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown an the Notice, additional interest must be calculated. COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 1 7 1 28-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT REV-1162 EX(11-96) N0. CD 002155 SHEELY ANDREW C ESQUIRE P O BOX 95 127 SOUTH MARKET ST MECHANICSBURG, PA 17055 ACN ASSESSMENT AMOUNT CONTROL NUMBER -- folA ESTATE INFORMATION: SSN: X72-07-8804 FILE NUMBER: 2102-1051 DECEDENT NAME: OTSTOT LOMA M DATE OF PAYMENT: 02/11/2003 POSTMARK DATE: 02/ 1 0/2003 COUNTY: CUMBERLAND DATE OF DEATH: 09/02/2002 101 ~ 53.10 TOTAL AMOUNT PAID: REMARKS: ANDREW C SHEELY ESQUIRE SEAL CHECK# 1019 INITIALS: AC RECEIVED BY: DONNA M. OTTO 53.10 DEPUTY REGISTER OF WILLS REGISTER OF WILLS / I" //~ ~ J !! L. C.. BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX OIVISIDN DEPT. 280601 HARRISBURG, PA 17128-0601 ANDREW C SHEELY PO BOX 95 MECHANICSBURG PA 17055 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX STATEMENT OF ACCOUNT REV-1607 EX APP (01-33) DATE 02-24-2003 ESTATE OF OTSTOT LOMA M DATE OF DEATH 09-02-2002 FILE NUMBER 21 02-1051 - COUNTY CUMBERLAND ACN 101 Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure 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 ~ ---------------------------------------------------------------------------------------------------------------- REV-1607 EX AFP (01-03) *~(* INHERITANCE TAX STATEMENT OF ACCOUNT *** ESTATE OF OTSTOT LOMA M FILE N0. 21 02-1051 ACN 101 DATE 02-24-2003 THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. SHOWN BELOW IS A SUMMARY OF THE PRINCIPAL TAX DUE, APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PROJECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 01-13-2003 PRINCIPAL TAX DUE: PAYMENTS (TAX CREDITS): 1,120.24 PAYMENT DATE RECEIPT NUMBER DISCOUNT (+) INTEREST/PEN PAID (-) AMOUNT PAID 11-22-2002 CD001880 55.86 1,061.28 02-10-2003 CD002155 .00 3.10 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. * IF PAID AFTER THIS DATE, SEE REVERSE TOTAL DUE SIDE FOR CALCULATION OF ADDITIONAL INTEREST. [ IF TOTAL DUE IS LESS THAN S1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. ) 1,120.24 .00 .00 .00 PAYMENT: Detach the top portion of this Notice and submit with your payment made payable to the name and address printed on the reverse side. -- If RESIDENT DECEDENT make check or money order payable to: REGISTER OF WILLS, AGENT. -- If NON-RESIDENT DECEDENT make check or money order payable to: COMMONWEALTH OF PENNSYLVANIA. REFUND (CRI: A refund of a tax credit, which was not 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 at the Office of the Register of Wills, any of the 23 Revenue District Offices or from the Department's 24-hour answering service for forms ordering: 1-800-362-2050; services for taxpayers with special hearing and / or speaking needs: 1-800-447-3020 (TT only). REPLY T0: questions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, Dept. 280661, Harrisburg, PA 17128-0601, phone C7177 787-6565. DISCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (5%l discount of the tax paid is allowed. PENALTY: The 15% tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. INTEREST: Interest is charged beginning with first day of delinquency, or nine (9) months and one (1) day from the date of death, to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6%l percent per annum calculated at a daily rate of .OOD164. All taxes which became delinquent on and after January 1, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 1982 through 2003 are: Interest Daily Interest Daily Interest Daily Year Rate Factor Year Rate Factor Year Rate Factor 1982 20% .000548 1987 9% .OD6247 1999 7% .000192 1983 16% .000438 1988-1991 11% .000301 2000 8% .000219 1984 11% .060301 1992 9% .000247 2001 9% .000247 1985 13% .000356 1993-1994 7% .000192 2002 6% .000164 1986 10% .000274 1995-1998 9% .000247 2003 5% .000137 --Interest is calculated as follows: INTEREST = 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 to fifteen (157 days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated.