Loading...
HomeMy WebLinkAbout08-12-93 ~~V-~~9J EX AFP (1-9_) COMMONWEALTH Of PENNSYLVANIA ", . DEPARTMENT OF REVENUE BUPEAU OF INDIVIDUAL TAXES DEjSr. 28060i HARRISBURG, PA 17128-0601 INHERITANCE TAX RECORD ADJUSTMENT I ASSESSMENT / r:!:.t. ,- CONTROL NO.,~ " DATE 08- 03- 93 ESTATE OF FILE NO. 2 6- 9 DATE OF DEATH 04-12-86' COUNTY CUMBERLAND HOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR TAX PAYMENT TO THE ADDRESS SHOWN. MAKE CHECK PAYABLE AND REMIT PAYMENT TD' , ARTHUR L KLEIN ESQ CIO MORGAN ETAL 2000 ONE LOGAN SQ PHILA PA 19103 REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 Allount Rellitted CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ Rifv:is~3-Ei[-AFji-(i~-90)-------il.-iNiiERi-iANt:i-Tiii-RifcDRii-AD:JUSTM-iNT--i.----------------------------- ESTATE OF MUMMA ROBERT M FILE NO. 21 86-0398 ACN 101 DATE 08-03-93 AD~USTMENT BASED ON, VALUE OF ESTATE: 1. Re.l Est.t. {Schedule AJ 2. stocks and Bonds (Schedule BJ 3. Closely Held stock/Partnership Interest {Schedule CJ 4. Mortgages/Notes Receiveble (Schedule OJ 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. 401ntly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets BOARD OF FINANCE AND REVENUE () r'"")". ..a ........, :Al :::t1,.., '...." "~")o ; :,;~J "'.'1 j7'! ':::::; , (1) (2) (3) (4) (5) (6) (7) 3.927.446.00 25.638.00 9.930.172.00 358.451.00 1.871 .251.00 .00 .00 (8) ~ ~ N :e :.) 16.112.958,00 4' DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Administrative Costs/ Miscellaneous Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule X) 11. Total Deductions 12. Net Value of Tillx Return 13. Charitable/Governmental Bequests (Schedul. ~) 14. Net Value of Estate Subject to Tax (9) 720,586.65 (10) 4,584,511.00 (11) (12) (13) (14) 5.305.097.65 10.807.860,35 .00 10.807.860.35 TAX: 15. 16. 17. Amount of line 14 taxable at 6% rate Amount of line 14 taxable at 15% rate Principal Tax Due (15) (16) 10,807,860.35 X.06= .00 X.15= (17) 648,471.62 .00 648,471.62 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST (-) 07-10-86 228835 21,052,63 400,000,00 23/13 07-20-87 320483 10,616.60- 205,257,00 01-03-91 600042 12,170.92- 67,567.51 02-25-91 600206 .00 1,212.24 TOTAL TAX CREDIT 672 301.86 BALANCE OF TAX DUE 23 830.24CR INTEREST .00 TOTAL DUE 23 830,24CR . IF PAID AFTER DATE INDICATED, SEE REVERSE (IF TOTAL DUE IS LESS THAN '1, 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.) PAVHENT: Detach the top portion of this Hotice and sub.it with your pay.ent made payable to the nama and address printed on the reverse side. -- Heke check or .oney order payable to: REGISTER OF WILLS, AGENT. All payaents receiVed shall be applied first to any interest which may be due with any re.ainder applied to the tax. REFUND (CR): A refund of a tax credit. which was not requested on the Tax Return. ~y be requested by cOMPleting an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-13l3). Applications are available at the Office of the Register of WillS, any of the Z4 Revenue District Office. Dr fr~ the Depart.ant"s 24-hour Forms Ordering telephone lines in Harrisburg (717) 787-8094. in Philadelphia (Z15) 560-Z065 or in Pittsburgh (41Z) 565-3601. REPlV TO: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment ReyieH Unit. Dept. Z80601. Harrisburg, PA l7lZ8-060l. Phone (717) 787-650S. DISCOUNT: If any tax due is paid within three (3) calendar ~onths after the decedent.s death. a fIve percent (5X) discount of the tax paid is allowed. INTEREST: Interest is charged beginning with first day of delinquency or nine (9) .onths and one (1) day from the date of death to the date of pay.ant. Taxes which became delinquent before JanUary 1, 198Z bear interest at the rata of six (6X) percent per annu. calculated at a daily rate of .000164. All taxes which beca.e delinquent on and after January 1. 198Z will bear interest at a rat. which will vary fr~ calendar year to calendar Year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through 199Z are: Y!!! Interest Rate Daily Interest Factor- :!!!r Interest Rate Daily Interest Factor 1982 ZOX .000548 1986 lOX .000Z74 1983 16X .000438 1987 .~ .000Z47 1964 11i! .DDD3Dl 1988-1991 IlX .000301 1985 13X .000356 199Z .~ .000Z47 '993 ]X .00019Z --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUNSER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax beco.es delinquent wIll reflect an interest calculation to fIfteen (IS) days beyond the date of the assessment. If payment is made after- the inter-est Co.putation date shown on the Hot ice. additionsl interest must be calculated. /..-.-~- , . BYISID nTUICllf POl UI'VIQ) lltU.t'rUCS 'tAX ( BSTAn OF aoIIBaT ". IIUIIIIA ~.~ 110. 11311 FILS 110. 21"-0'" ACII 110. 101 a.nSaftATtvI GfIor,. 't. "11. .... WOrtaD Le.i. , Bock!.. JOOO 0.. Logu .....re 411 W.lnut .t~.t ..rr:1.bul:9. ft 1.103 I.SUB lIlVOLYBD. Uju.tIIeIlt. to expe.... ... ...lt1Oftel ..pen..., 1.t.~t' n (-) r'~ t9 4/12'1& DAft 01' DAft n'rITIOW "LID 101U,.2 ':'1:::0 -'" , 'l() (:;....:0 ,)::0 , 1::~1 ,;"f) 1 IIO'lICll(S) OF UnAIRIIBIft' lS8UBD. 10,16/to DAft 01' US'l' ..ntl1l'll 2/26,'1 - 1'0 HalTS DEDUCTIONS IIItT _TATJ ASSnaHltM $16.112.'5'.00 , '.021.617.65 '11.0'4.340.35 ~ftD $16.112."8.00 , 5.415..55.65 '10.651.502.35 .YVaISDICTtOM UC~lIl)n ", ( 116.112.'5'.00 , 5.'U,OU.?4 $10,721.192.26 Thi. Petition COlNt. before t.he Soard pursu.ot to tile Ioherit.nce T.. Act of 1"2, .. ...n4ed. 72 Pe. C.S. 117.1. I ISSUB ... the Petitioner .etablt.bed thet t~. ..tete Ie enlitl.e to a deduction tor the aMitt_a1 .ape.... of a&tlnietratlon? STA't.....1I'I OF ft. CASE ne Petition.r filed a. ort.inal Inberitance 'ta. 'etura on Jul~ 20, 1'87. On Scbedule ... of the return. t~. P.tition.r lieted e.tt.ete4 expe"..s In tbe eeouat of $25.000, ,1ft connection with tb. e_.traction of . ..u.ole... ~be Depa:rt.ent of .eyenue suapell4ed thia .-ount pel1411\9 the act_l bill. The Petitioner .... provided. copy of the bill.. proof that the actua1 e~ftae i. $190,000. Aleo Oft 8cbe4ule .... the Petitioner listed pereonal repreaentatlv. c~l..ion. in the 8aOUnt of $225.000. The Depar~nt of .eyenae aeju.ted this .-ount to $145,000. The Petitioner request. en incr.... of "5.000, a. the .ctusl .-ount of c:~1aalona paid to tbe 'pereonal repre.entatiye ere '230.000. 'l'IN/.le PAGE NO. 2344 CAL. 110. 10 .:.i.,...... . "STATE OF IOIlD't M. IIUIaIA DOCItft Il1O. 11311 ( AI.o Oft Schedule .... the "titloDer li.ted .ttorney'. f.e. 111 the lIIIOUDt of f1l5.100. ...... Deper~lIt of 'e".nae ..,..teel tilt. .IIOUDt to f12I.'OO. ...... "Uti..er .... prcrt'ideel . Cop)' of tbe "ill for .ttorney'. 111 the .-cunt of f55..'3.0t. .. proof t"'t additional f... wen lacurl'tld. Allo on Behedule .... the "t1tto.er Itetel acoou.tant'. f... in tbe ..tltuteel .-ount of '1'.000. ...ed 0lIl addit1oaa1 illfoxwatloll. the Depertaeot of "venue iDona.eel tb1e aaoaat to ''77.1'71. ft. ht1tioaer .... proyideel a copy of the .ccount_t'. "ill .. proof thet e1dttiOlllel f... 111 tbe .-otIIlt of '23.415 be". ..... 1acurnd. OIl SChedule .1.. the "Utloaer li.tel lIItere.t eecned to "to .f deetb on . K~ eo.peD~ de..aa DOte. iD the e.ou.t .f '2'.110. 'rille DepertMftt .f ....... .1. aot .11ow tM. ~aat .. . deduction. YIle "UUODer ... prcwldecl proof of ..,....t of tlllil ..,....t. 'rille "UUoaer bee .1110 prcw1del proof .f ..,.eat of eecrael iDtor..t on a ".-7 81Ipp17 aoto. iD tile ..,....t .f n."o. YIle hUtioner oleo reqa_t. tbet the lat.reet oa t.. lat. ..,....u be ncelculatel to t.ke t..... eI,..tMet. lIIto eeccnnlt. ftle PetUio.or Me proYided a 1I01lled.lo of tbe ...,....t. ... it. calnlatt." of '10.900 .. the _llll.t of iatoreet that .... ..... O'lrOrpeld. 8TA.._8II1' OF 'fIR LA. ( .....oa.bl. .ft. n.toaazy hDer.1 eape.e_. Includt1l9 t" COlt of a f..ily burial lot or other re.tiDg placo, an deductible.. 72 Pa. C.B. 11727(4) -All na.onable ezpen... of edIIial.tr.tion of the decedeat'. o.tate anet of the ....t. includablo In tb. docodo.t'a ta.able o.tato are deducttble.- 72 .a. C.S. 11727Ca) COIICL08IOJf The "tition.r .... e.tebltahed that t'" e.tat. incurred an additional eapena_ for the butldt.. of tu ..ta.ol.-. ift the atlOUnt. of f190.000. Tho Petitioner bea alao oatobl1.hed th.t tho actual .-aunt. of tho peraonol r.pr...ntat.l.e'. c~l..lon. ia 1. tho atlOUftt of '230,000, . diff.renc. of $85.100 fro. tbo .-cunt allowed by the Depart.-.st of ..v.ntae. Tho "Utioner .... al.o provided additional infoxwat10D with reapact to the attorney'. f.e. and accountant'. f.... Accordingly, Schedule -.- ...11 be 1ncr..aed by f353."I.". Th. ..titioner be. provided proof of ~nt 1n COftnecttOlll wttal tlte aecruel tat.re.t on the Kia eo.pany deeDnd not. and Oft the "nnsy Supply CoIIpaay Moto. AI. result, Bchedul. -I- will be 1ncrea.ed b~ nl.l10.00. ""/a18 PAGIl: 110. 2 CAL.. 110. 10 2345 ( ( ..... '~ . lS'!'Aft or IlO8sn M. MUIMJI DOCIS,. MO. 11311 Witb re..r4 to tbe OyeTP&JIMIDt of 1at.retlt, aueh calcnlation. aball be ..cI. by tllut Depert_llt of hyeDUS apoa _Un9 tbs aboY. li.ted edju.~llt.. 01lDE. A rehlnd 1a "."by .-rant" by t..1D9 tilt. ..tate .. fo110... '10,72.,"2.26 . " Ca.b refand pl.. appropriate iatere.t, if any, to be 1..ned by tIl. DepartMat of ......ue. fttI/.la .June 2C. 1"3 PAGE 110. 3 CAt. 110. 10 Z346 .",-- -...., '- 1Tf1TI0ll fOil nFUMD IIIURITUCI ,.AX ( ISTATI OF I<l8IIlT II. IIUIIIIA ~n 110. 11311 rILl WOo 21"-0'" &ell 110. 101 "....mffATIVS Ceortre 'to "11. hV. IIorlP lAW!. . lIoCki... 2000 One top. ....R 411 ..laat Str..t Rarrl.burl.... 19103 1.8US IJIYOLYBDa Mj..taeat. to expen... ... IMNiUOD.I .ape...., lat.R.n DA,. or DBA,. 4/12/16 ..'tl"J~ rtLID 18/14/92 IIOTtCS(8) or AnaAlHd... X8snDa 10/161t0 DAft or LAS't .AkMtlfta 2/26/91 "sIn DBDUCTIOIIS n1.' .STAT!! ASS.86611T $16.112.951." , 5.821.611.65 111.014.340.35 .~ $16,112.'51.00 I 5.U5,455.65 . $10,657,502.35 .JUaJ8DICTIOJe ncall JEIID'ID ( $16.112.'51.10 . 5.305,097.65 110.107.160.35 'lhi.. Petition coae. before the !Joar4 pun_nt to tbe IlIberltanc:e Tax Act of 19'2, .. _114.0, 72 Pa. C.S. 11711. ISBn ... the Petitioner ..tabli.be4 that the ..tete 1. .ntitl.o to . .eduction for tbe _dcUtiODal ........ of .d111ni.tratioft'l STAt-IAU'lllT OF ftB CASK 'lb. Petitioner filed an orillnal Inheritance T.. ..turn on ~uly 20, 1"7. on Scbedule ... of the return. the Petitioner listed ..ti.ated ..pe..es in the .-ovat of '25.000. in connection with tbe con.truction of a ..u.ol.~. 'the '-part_nt of ..venue .u.pended tlli. .-ovat pending tbe actual bill. 'the Petitio.er ba. provlde4 a copy of the bill a. proof that tbe actual ..pen.. i. '190.000. also on Schedule .... the Petitioner li.ted pereo.al repre..ntativ. co.aIssIoa. 1n ~he .-oant of $Z25.000. Tbe Depar~ftt of ..venue "justed this .-aunt to fI45.000. Ybe Petitioner requ..ts an Inor.... of '85,000. .s the .ctual .-ount of ~l..ion. paid to the personal repre.entativ. are '230,000. ...../.1. PAGE 110. 1 CAt.. 110. 10 2347 J_ .. .STAn OF aOlntlT II. IIOIDIA - DOCKET MO. 11111 ( Alao on Schedule -.., the PetiUoner lieted attorney'. t... In tile aIIOunt of '115,000. The DepartiHIlt of aev.nue ed,u.t" this ..,."t to '121.100. TIle PeUU_.r'. repre.enteti"e .... indicated t"'t be would provid. ad4ltl_al iftfo~tiOft regarding the actual attor.er'. f... p.id, bowe".r, the iafo~tion be. aot be.. pro"ided. Al.o on Schedule .... the Petitioner li.ted account.at'. f... In tbe a.tl..t.. a.ount of '60,000. ..... on ad4itioaal iafo~tiOll. the Depan.ent of hvenu. l.cre.... tbis .-aunt to '77,"'. !'be PetlU_er'. repr....t.ti". .... lacHeated tbet ... w.ou1cI provid. e4c11tloul iftforaatl_ reprdi.. tbe actual aCcoaftta.t'. fee. ..id. bo""" .1lCb iftforaaUon .... not ....0 provided. On Scbedul. -I.. tile PeUtloa" li.ted latenat .~'A_" to "t. of de.tb on a KUI (:\...penr ....nd IIOte. In t... ___at of '2'."0. 1'M Depat:tlleRt of "..aue did not allow tbl. ..nUlt .. a ."wct:101l. ...... PeUUOMr'. repr..enuU". 1adlcatecJ tlult ... would provi.. proof of pa,...t of tIl1e ___to The PeU.tio..r al._ nqu..t. tut t'" !at.re.t on the 1.at. JNI,.enU be recalculated to ta'e t..... adj_taeat. lato acoouat. 1'be PeUtioner u. prov1ded a .ob"ul. of t... pe,.."t. aDel ita ca1culatloa of '10.tOO a. tile .-aunt of 1ntereat that baa be." ove1')Hl14. BTATIIID'f or 'lBE ..... .....onab1. an4 C1dtCllla%J' tuneral expe".... illcludl.." the coat of a f..l1, burial lot or otb.r re.tln" pl.ce, are deductible.. 72 Pa. c... 1172'''' "All rea.on.ble e.pen... of "'lntstratioft of tll. d.cedent'. ..tate aDd of the ....ta includable in the decedent'. ta..ble ..tate are deductible.. 72... C.S. 11727(.' COfICLOSIOIf The PetUion.r baa .atabU.bed tbat tlte .etate incurred aft aOditio"al axpens.. for the bulld1D9 of the _..ole_. III the .-cunt of '1'0,000. The Petitioner baa .1.0 ..tablisbed that the actuel .-ount of the pereonal repre.ent.ti.o'. c~le.1011. i. in the aaount of '230,000. . ditfer.nce of "5,000 froa tbe ..ount allowed bJ tb. Depart-.nt of ae...enue. Accordinglr, Schedule .... .luIll be ill<:r..... by S275,000. The "tltioaer baa Dot provided tbe additional info~tion wltll respect to tbe attorn.,'. f.e. and accountent's f.... A. a result, no further adju.t..nt ebell be _de. TII. Petitioner baa not ~roYlded proof of pa,..nt in COIlnection wi tb tbe accrued iaterellt on tlte IU.. COIIpIInr ....ncI note. The Petitioner bes provided proof of pa,.ent in connection wltb the accrved inter.et on the 'enne, Supplr C~.n7 ~te. a. a r.sult, Schedule .J" wl11 be inera...d br '1,.10. T1fIf 1181. PAGS 110. 2 CAL. Ieo. 10 2348 ~ ."'rAn OF 1011 En W. IIOIGIA DOCKft 110. 11311 ( .it.. revard to tM _erpa,...t of illt.reet. aucta calculation. a"aU be .... b7 tile DepertJlellt of ..".au. upon ..1doV tbe above It.ted adjust..ata. ODE. a refumd 1s ...r.b, ,ranted b7 taal.g tlli. ..tete ea follows. Ut.107.160.35 . " eeah refulld .1.. lIJIPrOprlet. ietenat. if aft7. to be llIaued ~ tbe Depart8Pt of ......ue. ( ftW/.1a .lun. 10. 1"3 PAGE MO. 3 C.L. 110. 1 0 2349