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HomeMy WebLinkAbout01-12-15 NOTICE OF INHERITANCE TAX . pennsytvania `BUREAU OF INDIVIDUAL TAXES APPRAISEMENT, ALLOWANCE OR DISALLOWANCE DEPARTMENT OF REVENUE INHERITANCE TAX DIVISION OF DEDUCTIONS AND ASSESSMENT OF TAX -- REV-1547 EX AFP (11-14) PO BOX 280601 HARRISBURG PA 17128-0601 DATE 01-12-2015 ESTATE OF JOHNSON JACK E DATE OF DEATH 12-06-2013 FILE NUMBER 21 13-1314 COUNTY CUMBERLAND RICE CHRISTOPHE ACN 101 10 E HIGH ST APPEAL DATE: 03-13-2015 CARLISLE PA 17 013 (See reverse side under Objections) Amount Remitted I I 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 4- ------------------------------------------------------------------------------------------- REV-1547 EX AFP C11-14� NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF: JOHNSON JACK EFILE NO. :21 13-1314 ACN: 101 DATE: 01-12-2015 TAX RETURN WAS: C ) ACCEPTED AS FILED C X) CHANGED SEE ATTACHED NOTICE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) .00 NOTE: To ensure 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 portionof this form with your 4. Mortgages/Notes Receivable (Schedule D) (4) .00 tax payment. S. Cash/Bank Deposits/Mist. Personal Property (Schedule E) (5) 120,115.24 6. Jointly Owned Property (Schedule F) (6) .00 7. Transfers (Schedule G) (7) .00 8. Total Assets (8) 120,115.24 APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Mist. Expenses (Schedule H) (9) 26,22 2. 12 10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 12,069.87 11. Total Deductions (11) 38,291 .99 12. Net Value of Tax Return (12) 81,823.25 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) •00 14. Net Value of Estate Subject to Tax (14) 81,823.25 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 f15) .00 X 00 = .00 16. Amount of Line 14 taxable at lineal rate (16) Ri .R2A_2q X 045 = 3,682.05 17. Amount of Line 14 at sibling rate C17) .00 X 12 = .00 18. Amount of Line 14 taxable at collateral rate (18) .00 X 15 = .00 19. Principal Tax Due (19)= 3,682.05 TAX CREDITS: PAYMENT RECEIPT DISCOUNT f+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID {-} 03-04-2014 CDO18840 184.10 7,000.00 09-02-2014 CDO19622 .00 11000.00 TOTAL TAX PAYME BALANCE OF TAX D 502RR INTEREST AND PEN"' . �- y.► �; 0'tt TOTAL DUE !„ - a , 02 i' 5 R IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A CREDIT? 4C ) YOU4Y E DVJE FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE FOR INSTRUITtIONSI G� .. . j REV-1470 EX(01,-40) .e y �ry pennsy vania INHERITANCE TAX DEPARTMENT OF REVENUE EXPLANATION BUREAU OF INDIVIDUAL TAXES OF CHANGES PO Box 280601 HARRISBURG,PA 128-0601 DECEDENTS NAME FILE NUMBER Jack Johnson 2113-1314 REVIEWED BY ACN Alan —Agent 99 101 ITEM SCHEDULE NO. EXPLANATION OF CHANGES A 1 The value of this item has been suspended from the appraisement of the return until the final value can be determined. A supplemental return must be filed when the value of the suspended item is determined. The department will allow an estate to suspend the valuation of real estate on the original and timely filed inheritance tax return for up to 15 months. The 15-month period includes the nine months after which the inheritance tax return becomes delinquent, plus the additional six-month filing extension. When the property is sold after the inheritance tax return is timely filed and the suspension requested, the estate should then report the arms-length sales price on a supplemental inheritance tax return. If the real property is not sold within 15 months of the date of death, an estate will have to report an alternate means of establishing the value, including a professional appraisal or the common level ratio value. ROW Page 1