HomeMy WebLinkAbout07-09-15 y� annsylvania 1505618403
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REV-1500 OFFICIAL USE ONLT
counrycoee vear Flkuumcer
Bureau o(IntlivitlualTaxes INHERITANCE TAX RETURN
PO BOX 280601 21 12 1186
Harrisbur PA 1]128-0601 RESIDENT OECEDENT
ENTER DECEDENT INFORMATION BELOW
Social5ewtiry Number
Ddte o�D¢a[h MMDDriTY Dd�e Of Bitlh MMDDriVT
y0 28 2012 09 03 1934
�ecedenfs Last Name
Suffx DecedenCs Firs�Name MI
EDRIS MARVIN �
(I(Appliwble)Ente�Surviving Spouse's Infortnation Below MI
Spouse's Last Name Suffx Spouse's First Name
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
� 1. OnginalReWm O 25upplementalReWrn � J. Remaln�erRaWm(Oateoftlea��
prio�lo 12-13-82)
� 0. M�cul�urel Exemptlon(tla�e of ❑ 5' aeam aneereZslOom'romisa(tla�e o( � 8. FeOerel Eslate Tax ReWm Fequi�etl
tlea1M1 on or aMr]-02012)
� �. oeceaent Dieo Testate � 8. DaceOent Malntainetl a Living Tms� __ s� To�al Number of Sa�e Deposi�Boxes
❑ (AVaahmpYolwllp (N��eahcopyot�msL)
ID. LIBga�ion Proceetls Recelvetl ❑ ��' SCM1eUu eaF ntl G Assels Only) � ��' DefertaVEleclion of Spousal Trus�s
❑ 13. Bu51nQ5sA55¢\5 � 1C. SpouS¢iSSol¢BenefLldry
(Nolrustinvolvea)
CORREbPONDENT�THIS SECTION MUSi BE COMPLETED,ALL CORRESPONDENCE ANO CONFIOENiIAL TA%MFORMATION SHOULD BE OIRECTEO T0:
Name DaytlmeTelephone Number
IVO V OTTO III 717 243 3341
First Line of Aetlmss
1� EAST HIGH STREET
Secontl Line af Atldress
Citya�PaslOHice SGte 21PCode
CARLISLE PA 17013
Gorrespontlen['semailaEGress: �oHo marisonlaw.com
0.EGISTER OF WILLS USE ONLY
PEGISTER OF WILLS USE ONLV
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I IIIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIII IIII
L 1505618403 1505618403 �
J15�5618411
REV-7500 E% Decedenfs Social Secu�ity Number
oe�nem�srvame�. Edris, Marvin J. . . _
RECAPITULATION �
t ReaiEstate(SchetlNen)._.. .. .__..._ t 2,000,000 •00
......._. ._......
2. SrocksantlBontls(SchetluleB) �--�������� --�-�- Z-
3. Closely Heltl Corporation,Partnership or Sole-Pmprierorship(Schetlule C)......._ 3.
4. MotlgagesantlNo�esReceivable(SchetluleD)._.___._......._.___............___..... 4.
5. Cash,Bank Deposits and Miscellaneous Pereonal Propetly(Schedule E)........_ 5.
6. Jointly Ownetl Property(Sc�etlule F) ❑ Separate Billing Requested_._...... 6.
]. Inler-Vivos Transfers 8 Miscellaneous Non-Probate Property
(SchetluleG) �J SeparateBillingRequested_......._. 1.
8. TotalGmssAsseLa(Io�alLinesithroughl) ._.......... 8. 2.�OU+00� • �0
9. FunerelExpensesantlAtlminislraliveCosls(ScheduleH).....__......_..____....__. 9. 36.�6$ •0�
10. Deb�so(DecedenCMo�gageLiaOilitiesantlLiens(Schetlulel)..._..___.........__.. 10.
1 i. 7oW I oeductions(total Lines 9 antl 10)_..... ._..__. .......__. 11. 3 6,0 6 5 •00
i2. NetVaiueoteatate(�ineBminus�ineit)_ ....._... ._........_. i2. 1,963,935-00
13. CharilableantlGovemmentalBequeslslSec9113Tmstsforwhlch
an eleclion to tax has wt been made(Schedule J)...............___._......__.__....... 13.
14. NatValueSub�acltoTax(linal2minusLinel3)_........__.........._____......___. iq, 1,963,935 •00
TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
75. Amounl of Line 14 taxable
atthe spousal tax rate,or
transkrs under Sea 9116
(a)(12)X.00 15. 0-0 0
16. AmouN of Line 14 taxable
atlinealrateX .o45 �•00 �6. 0 •00
17. AmountofLinel4taxaEle
atsiblingrateX.12 1,963,935 -00 ��� 235,672 -20
18. Amount of Line 14 taxable
atcollateralraYeX.15 ❑ •�0 �8� � • DO
�9. rnuoUE ..__... ........__ ......._.,. ....____. ie. 235,672 .20
20. FILL IN THE OVAL IF YOU ARE RE�UESTING A REFUND OF AN OVERPAVMENT �
UnUer penaltles o�per�ury,I Eedare I M1ave examined��is reNm,Inclutling accompanying sc�e0ules anU slalemenb,and�o I�e Oes�of my knaMetlge anJ beliel,
i�is W e,co�rect an0 comDle�e.Declaralion o�p�eparer o�M1er��en Ne person responsible(or filing Ne reWm Is basee on all inMrmation of w�lcb preparer M1as
any knowletlge.
SIGt�4T E OF�RS�ON R�SPONSIBLE FOR FILING RETURN Lloyd J. Edris �A�
tan..a O'7/O9 ZOJS
ADORESS
16 Makenzee D ive,Carlisle A 17015
SIGNATUREOFPREPA ROIhEaT A PRESENTFTNE �VO V. ONO III Q.7/d��E�O/�
�
nooaEss
_I �-� � i �
10 East Hi h Street, Carlisle, PA
IIIIIIIIII�I'IIII��I�IIIII��IIIIIIIIIIIIII�I��III��IIIIIII�I Side2
L 1505616411 1505618411 �
REV-1500 EX Page 3 File Number 2'I-'12-1'I86
Decedent's Complete Atldress:
DECEDENT'SNAME
Etlris, Marvin J. _ .. . . �
STREETADDRESS �
9 Walnut Lane . —
� � � STATE ZIP
�CITY pq �7050
Mechanicsburg
Tax Payments and Credits:
7. Tax Due(Page 2,Line 19) (1) . 235,67220
2. Cretli�slPaymen�s
A. PriorPaymenis . .
B. Discoun�
Total Cretlits(A +B) (2) _
(3) _
3. Interesl — �
q, if Line 2 is greater Ihan Line t+Line 3,ente�Ihe tliffe�ence. T�is is Ihe OVERPAYMENT. (4) _ . _
Check box on Page 2,Llne 20[o request a refund
5. If Line 1 *Line 3 is greaterlhan Line 2,enlerthe tlifference. This is the TAX DUE. (5) 23rJ�672.20
Make Check Payable to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING �UESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Ditl tlecetlent make a trarefer and'. Ves No
a. re�aintheuseo�inmmaofthepropertylransferretl ............ ._.. ._.. � �
b. retain the rightto tlesignate who shall use ihe property lransferretl or its income,........ .... _
c. retain a reversionary interesp or.,. ..._.._. _.. ._.. l—
E. receivetM1epmmise(orlifeoteitherpaymenis,benefisorcare� _. . .. .__ U I� .�
2. I(tleath occurred aker Dec. 12, 1982 ditl tlecedent trans(er pmpetly within one year of tleath wi�haut � �
receivingatlepuateconsitleration9....._. ......._.. .....__. .---�- --
3. DiC tlece0ent own an'in imst kf or payable upon deat�bank acwunt or secunry at his or her tleath� ._. ❑ ❑
4. Oitl decetlent own an indivitlual retirement account,annui[y,or o[her nompmba�e property whicM1 L I �
wnlainsabenefcia7tlesi9na[ion9... ....... ._......._ __...._.. .__...
IF THE ANSWER TO ANY OF THE ABOVE OUESTIONS IS VES VOU MUST COMPLETE SCHEDULE G ANU FILE IT AS PART OF THE RETURN.
For tlates of tleat�on or afier July i,1994 anE betore Jan. 7, 1995,t�e�ax rate imposed on ihe net value of Irdnsfers to ar tor t�e use ot t�e surviving spouse
is 3 pe¢ent�!2 P.S.§9116(a)(1.1)(i)1.
For dates of deeth on or after January 1,1995,the tax rote imposed on Ihe net value of iransfers to or for Ihe uu oi Ihe suniving spouse ia 0 percent
p2 P.S.§9116(a)(1.1)(ii)�. The slatute does not exempt a t2nsfer to a suniving spouse tmm�ar,and Ihe staWtory requirements kr disclosure of assels antl
(ling a tarz retum are slill applicable even if the surviving sFouse is the only benefmiary.
For dates of Eeath on or aker July 1,2000'
• T�e lax rate imposed on Ihe net velue of t2nskrs irom a deceased chiltl 21 years ot age or younger et death to or kr the use of a neWral parent,an
atloptive parent or a steµparenl of the chiltl is 0 percenl[]2 P.S.49>>6(a)(12)I.
• The tax 21e imposetl on the nel value ot lransfers lo or kr ihe use of Ihe tlece0ents Ilneal beneficiaries is 4.5 percent,ercept as notetl in p2 P.S.§9N6(a)(1)].
. The tax rote impoxd on Ihe net vaWe of trons@n to or for Ihe use of Ihe aecedenPs aiblings is lµhener b I bioPodso§adost�on(�3)�. A slb�InO'is deLned,
untler SeIXion Btp2,as an intlividual who has a�least one parent in common with Ne decedent, y G
Rrv.t50]E%�(13.131
SCHEDULE A
pennsylvania REAL ESTATE
OEPPRiMENT OF RWENUE
INHERRPNCETA%RETUPN
RESI�ENT oELE�ENT
ESTATE OF FILE NUMBER
Edris MarvinJ 21-12-7786
an mai pmwM own.a sdeiy orau i.nam m common must ee revon.e.u.tr m.n.�vewe.Fatr madei vame��s aermee a:me vrica Mwnicn orooeny wwa ee
enOienBed EeMreen a'nIIInO buya eM e MIIIn9 aelle5 neiPefbeing mmpelled lo Ouy or wll,NiM1 M1emp reasona0la knowle0pa Mt�e relevant�acLL.
Real property t�a�la�oiMlpownetl wIM tlpMai survi�onM1lp mmt ta Elatlmed on acM1atlule F.
pry6F�copy ol Me veXbrtwnl s�eet I�I�e propetly�a¢Lem wltl
IncluEe e copy o�<�e EeeE a�awlnp 0ewtlenM1 Inttnst I�owmC ae Wnmt in common.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
7 Real esWte-Located at B50 Mulberry Drive,Silver Spring Township,Cumberlantl County, 2,000,000.00
PA,known as Tax Parcel No.36-08-0565-006 and being described in Deed datetl 4/26/1996
and recorded in Cumberland Counry Daed Book 758, Page 542,and being conveyetl to M.
John Etlris, Decedent herein. Value is sale price less the amount reported on the original PA
Inherifance Tax return filed 7/29/2013 and acceptetl on 1/20/2014($3,500,000.00-
$'1,500,000.00),see attached settlement sheet. Also attached is a copy of the PA Department
of Revenue's letter tlatetl 3/4/2015 regartling this asset.
TOTAL(Also enter on Line 7, Recapitulation) 2.000,000.00
Qi more space is neetled,atltlitional pages of ine same size7
Copyright(c)2012 form soflware onry The Lackner Group, Inc. Form PA-0500 Schetlule A(Rev. 1242)
PEVtS„E%.,��," SCHEDULE H
pennsylvania
oEvaarmEN�oFAevenue FUNEf�LEXPENSESAND
1NXER1AN0ETA%RETORN qDMINISTRATIVE COSTS
Res oeH1 oecEOEN.
ESTATE OF FILE NUMBER
Edris, Marvin J. 21-12-1186
Decedent's debts musl be reported on Schetlule I.
ITEM DESCRIPTION AMOUNT
q, FUNERALEXPENSES:
B. ADMINISTRATIVE COSTS:
1. PersonalRepresentative'sCommissions
Name of Personal Representative(s)
StreetAtltlress
City Slate _ Zio
Year(s)Commission Paid
p, Atlomey's Fees
3. Family Exemption: Q(decetlenPs atltlress is no�ihe same as claimanCs,attach explana�ion)
Claimanl
Slree�AEtlress
City Stale _ Zio
Relalionshio of qaimant to Decetlent
A. Pmbate Fees
5. AccauntanPSFees
6. Tax Relurn PreOarers Fees
Z OtherAdminisiretiveCosts 36,065.00
See continuation schedule�s)attached
TOTAL(Also enter on line 9, Recapitulation) 36,065.00
Copyright(c)2013 form software only The Lackner Group.Inc Form PA-0500 Schedule H(Rev.OB-13)
SCHEDULE H
FUNERAL EXPENSES AND ADMINISTRATIVE COSTS
continued
ESTATE OF FILE NUMBER
Edris, Marvin J. 21-12-1186
ITEM AMOUNT
NUMBER DESCRIPTION
Oth Atlmini t £ve t
1 Reduction/AdjusLnent at real estate settlement-Wire fee paid to Mitlstate Abstract Company 25.0�
2 RetluctioNAdjustment at real estate settlement-Tax certification fea paid to Debra Basehore 20.00
Wiest,Tax Collector
3 Retluction/Atljuslment at real estate seHlement-Realry Transfer Tax 35,000.00
4 Re9lster of Wills-Filing fee for SupplemenWl PA Inheritance Tax return 15.00
5 RegislerofWills-Atltlitionalprobatetees 1.000.00
6 RegisterotWills -Shortcertiticate 5.00
H-B7 36,065.00
CoOYright(c)2002 form software only T�e Lackner Gmup,Ina Fartn PA-0500 Schetlule H(Rev.6-98)
aevnsn ex.Imaul
pennsylvania SCHEDULE J
oe>ue*mexl or Aevervue
�x�Ea�,��Er�RE,�RH BENEFICIARIES
�,.
ESTATE OF FILE NUMBER
Edris, Marvin J. 21-12-1186
NAMEANDAODRESSOF REL4TIONSHIPTO SHNREOFESTATEAMOUNTOFESTATE
NUMBER PERSONf51REGEIVINGPROPERTV OECEOENT (Wortls) ($$$)
TAXABLE DISTRIBUTIONS �inclutle outrigM spousal
I• disiriCunons,ana transrers
untlerSec9116a 12
Lloytl J. Edris Brother 100%of residue 7,863,935.00
16 Makenzee Drive
Carlisle, PA 77075
Total 1,963,935.00
Entertlollar amounts for tlistributions shown aCove on Ilnes 15 thmu h 18 on Rev 1500 cover sheet,as a ro riate.
NON-TAlC4BLE OISTRIBUTIONS:
II. A.SPOUSAL�ISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TA%IS NOT TAKEN
e.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 130F REV-15�0 COVER SHEET
CopYright(c)2010(orm soflware only The Lackner Gmup, Inn Fortn PA4500 Schedule J(Rev.01-10)
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�EPARTMENT OFREVENUE
March 4, 2015
Ivo V. Otto, III, Esquire
Martson Law Offices
10 East High Street
Carlisle, PA 17013
Re: Estate of Marvin Edris
File Number 21 12-1186
Dear Attorney Otto:
This is in response to your letter of February 18, 2015 concerning the
retroactive suspension of a value on the Inheritance Tax return.
Please be advised that once an assessment is issued, the Department cannot
suspend valuation on an asset. If the asset sells for more than the value accepted,
a supplemental return should be filed indicating the additional value with supporting
documentation. If however the asset sells for less, a Petition for Refund should be
submitted to the Board of Appeals.
I trust the above information is satisfactory; however, should you require
additional assistance, please feel free to contact me.
Sincerely, ,
�
"9teven l�, TACT
Post Asses ent Review Unit
Inheritance Tax Division
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Bureau of Individual Taxes I PO Box 280601 I Harrisburg, PA 17128 I �llJ87.80141 www�revenuestate.pa.us