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Home My WebLink About07-25-83 \ REV. 1547EX (3-83)1 BUREAU OF ACCOUNTS SETTLEMENT PENNSYLVANIA DEPARTMENT OF REVENUE P.O. BOX 2055 HARRISBURG.l PA 17105 ESTATE OF MEALS I DATE OF DEATH 03"':17-82 NOTE: TO INSURE ~ROPER CREOIT PAYMENT TO lTHE REGISTER AGENT II . , JOHN MEAKIN MAI}KET SQ BLDG MECHANICSBURG NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEOUCTIONS, ANO ASSESSMENT OF TAX ACN 101 PHILLIP OATE 07-25- 3 FILE NO. 21 78-0026 COUNTY CUMBERLAND TO YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER OF WILLS, T PA 17055 PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE CUT ALONG THIS LINE - RETAIN LOWER PORTION FOR YOUR RECORDS .... ----------------------------------------------------------------------. NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS ANO ASSESSMENT OF TAX REV. 1547EX (3-83) ESTATE OF MEALS I I TAX RETURN WAS: I I ACCEPTED AS FILED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASEO ON: ORIGINAL RETURN I 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule Bl 3. Closely H~ld Stock/Partnership Interest (Schedule C) 4. Mortgages: and Notes (Schedule OJ 5. Cash & Miscellaneous Personal Property (Schedule E) 6. Jointly OWned Property (Schedule F) 7. Transfers !(Schedule G> . 8. Total Assets I APPROVEO DEOUCTIONS ANO EXEMPTIONS: , 9. Funeral Expenses/Administrative Costs/Miscellaneous Expenses", (Schedule H) 1 O. Debts/Mo~tgages/liens (Schedule 0 1 1. Total Deductions 12. Net Value of Tax Return 13. Charit~ble/Governmental Bequests (Schedule J) 14. Net Value of Estate Subject to Tax NOTE: If an assessment was previously lssued, l;nes reflect f;gures that ;nclude the total of ~ PHILLIP T FILE NO.21 78-0026 ACN 101 OATE 07-25-83 I X I CHANGED - MATH ERROR (1) I 2) I 31 (4) ( 5) I 61 ( 71 2,000.00 .00 .00 .00 3,724.19 .00 .00 ( 81 5,724.19 I 91 (101 3,248.00 .00 (111 1121 (131 1141 14, 15 and/or 16 and 17 w; 11 returns assessed to date. 3,248.00 2,476.19 .00 2,476.19 . ASSESSMENT OF TAX: I 15. Amount of line 14 taxable at 6% rate 16. Am~unt ~f line 14 taxable at 15% rate 17. princiPallTax Due TAX CREOITS: 1151 (16) .00 2,476.19 X.06= X.15= 1171 .00 371. 43 371. 43 PAYMENT I RECEIPT DISCOUNT 1+) AMOUNT PAID DATE # INTEREST (-) 05-26-83 097022 26.60- 404.03 TOT AL TAX CREDIT 377.43 BALANCE. OF TAX DUE 6.00CR INTEREST .00 . IF PAID AFTER THIS DATE SEE REVERSE FOR CALCULATION TOTAL DUE 6.00CR OF ADDITIONAL INTEREST I (If Balance Due is less than $1.00 no payment is required) cO '''' -'" . ,.., ':('1 . ~ ,. , '---.: RESERVATION: In the event that any future interest in this estate is transferred in possession or enjoyment to collateral (Class B) heirs of the oecedent after the expiration of any estate for life or for years. the Commonwealth hereby expressly reserves the right to appraise and assess trans fer inheritance taxes at the lawful collateral (Class B) rate on any such future interest Purpose of Notice: to fulfill the requirements of Section 709 of the Inheritance and Estate Tax Act of 1961 (72 P.S. sect,on 2485-709). Objections: Discount Interest Any party in interest not satisfied with the apprilisement. 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. Objections may be made as follows: - by written protest to the Department of Revenue, Board of Appeals - by electing to have the matter determined at audit - by appeal to the Orphans' Court If any tax due is paid within three (3) months after the decedent's death, a discount of five percent 15%) of the tax paid is allowed. . the discount period is calculated in calendar months. Example: date of death 1-15-82, discount period expires 4- 15-82. Except for tax on a future interest. inheritance tax becomes delinquent nine (9) months from the date of death. Inheritance tax on a future interest becomes delinquent at the expiration of three months from: - the date of election to prepay or - the date of death of the life tenant or annuitant Interest is calculated on a daily basis from - delinquent date to date of payment on any tax unpaid on delinquent date - date of last delinquent payment to date of payment on any unpaid balance. Interest is charged at the following rates: Delinquent Date Annual Interest Rate Daily tnterest Factor 5/27/43 to and including 12/31/81 , / 1 /82 to and ,ncluding. 12/31/82 , / 1 /83 to and ,ncluding 12/31/83 6% 20% 16% .0001 64 .000548 .000438 Estates that become delinquent on or before December 31, 1981 wilt maintain a constant interest rate. The rate in effect when the tax first becomes delinquent will remain constant until the delinquent balance is paid in full. Estates that become delinquent on or after January 1. 1982 will contain a variable interest rate. Thus. taxes that remain outstanding from calendar yNr to calendar year will be subject to different rates in effect on each January 1. INTEREST = BALANCE OF UNPAID TAX X NUMBER OF DAYS X DAILY INTEREST FACTOR. . If I tax ba,ance remains outsunding for more than one calendar determination must be made for each year at the applicable rate. is necessarv if the estate maintains the constant interest rate.) year, a separate interest (Only one calculation Any Notice Issued after tne 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 com~utation date shown on the Notice. additional interest must b~ calculated. To Remit Payment Detach the top portion of this Notice and submit with your payment to the Register of Wills of the county snown on the Notice. . Address information is listed on page 13 of the booklet. "Instructions for Inhentance Tax Return for a Resident Decedent." MAlt. ,..na,..1t ,..,r l"I"l,..,nau ,..,rrlar nJllvlllnla tt"l. RAniettar nf Willet AL'JAnt