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Home My WebLink About11-01-83 REV. 1S47EX (3-83) J BUREAU OF ACCOUNTS SETTLEMENT PENNSYLVANIA OEPARTMENT OF REVENUE P.O. BOX 2055 HARRISBURG. PA 17105 I NOTICE OF INHERITANCE TAX APPRAISEMENT. ALLOWANCE OR OISALLOWANCE ACN OF OEDUCTIONS. ANO ASSESSMENT OF TAX 101 EST.ATE OF BURNS DATE O'~DEATH 11-08-77 NOTE: TO INSURE PROPER CREOIT TO PAYMENT TO THE REGISTER OF AGENT II . DATE 1 4- 3 FILE NO. 21 78-0091 COUNTY CUMBERLAND YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER OF WILLS. BRUCE R JOHN B FOWLER III ESQ 28 S PITT ST PO BOX 208 CARLISLE PA 17013 PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE CUT ALONG THIS LINE - RETAIN LOWER PORTION FOR YOUR RECORDS -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - -- -- - - - -- TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX NOTICE OF INHERITANCE REV. 1S47EX (3-83) ESTATE OF BURNS BRUCE R FILE NO.21 78-0091 ACN 101 OATE 10-24-83 TAX RETURN WAS: ( ) ACCEPTED AS FILED (X) CHANGED - SEE ATTACHED NOTICE RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule Cl 4. Mortgages and Notes (SChedule D) 5. Cash & Miscellaneous Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (1) ( 2) ( 3) ( 4) ( 5) ( 6) ( 7) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses! Administrative Costs/Miscellaneous Expenses (Schedule H) ( 9) 1 Q. Debts/Mortgages/Liens (Schedule I) (1 Q) 1 1. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests (Schedule J) 14. Net Value of Estate Subject to Tax If an assessment was previously issued, lines 14, 15 and/or 16 reflect figures that include the total of.All. returns assessed ASSESSMENT OF TAX: 15. Amount of line 14 taxable at 6% rate 16. Amount of line 14 taxable at 15% rate 17. Principal Tax Due TAX CREDITS: NOTE: (15) (16) 8,800.00 .00 .00 .00 725.00 269.48 .00 9,794.48 ( 8) 2,307.16 .00 2,307.16 7,487.32 .00 7,487.32 (11) (12) (13) (14) and 17 wi 11 to date. 7,487.32 .00 449.24 .00 449.23 X.06= X.15= (17) PAYMENT I RECEIPT DISCOUNT (+) AMOUNT PAID DATE # INTEREST (-) INTEREST IS CHARGED FROM 08-09-78 TO 11-08-83 TOTAL TAX CREDIT .nn AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 449.23 REVERSE SIDE OF THIS FORM.- INTEREST 141. 31 * IF PAID AFTER THIS DATE SEE REVERSE FOR CALCULATION TOTAL DUE 590.54 OF ADDITIONAL INTEREST (If Balance Due is less than $1.00 no payment is required) >J ',J t[': C' " J E: rn~:":_ , G ',i., ~~ r"" ~ r....;"'- I ~< w~ , c-:; ~..l -~ (""..)1-' Eo C:::>W ",or, :z: 'en O{3 ~L <'>w ..... ::> ~a:: ljO SO w RESERVATION: In the event that any future interest in this estate is transferred in possession or enjoyment to collateral (Class Bl heirs of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer 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. section 2485-7091. Objections: Discount Interest Any party in interest not satisfied with the appraisement. allowance or disallowance of deductions, or assessment of tax (including discount or interest) as shown on this Notice must object within sixty (60l 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 (5%) 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 Interest Factor 5/27/43 to and including 12/31/81 1/1/82 to and including, 12/31/82 1/1/83 to and Including 12/3 1/83 6% 20% 16% ,000164 ,000548 ,000438 Estates that become delinquent on or before December 31. 1981 will 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 year 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 a tax balance remains outstanding for more than one calendar determination must be made for each year at the applicable rate. is necessary if the estate maintains the constant interest rate.) 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 on the Notice. additional interest must be calculated. year, a separate interest (Only one calculation To Remit Payment: Detach the top portion of this Notice and submit with your payment to the Register of Wills of the county shown on the Notice. . Address information is listed on page 13 of the book.let. "Instructions for Inheritance Tax Return for a Resident Decedent." Mak.e check or money order payable to: Register of Wills, Agent REV-1470 EX 111-811 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF EXAMINATION P. O. BOX 8327 HARRISBURG, PA 17105 DECEDENT:S NAME ITEM SCHEDULE NO. TAX EXAMINER: ------ INHERITANCE TAX EXPLANATION OF CHANGES EXPLANATION OF CHANGES FI LE NO. n 0' c:~ -:::i:: t._ ~ P"tc: ~;~, I,." ~:>:i' .,'.... ~ ....., ?J~ rl,"" (;)0 ~r;:n .....0 :;;;~,~ ::z ':::::J ~ I - "-;:\ ;e '.::,;; n PAGE