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HomeMy WebLinkAbout08-22-83 j REV. 1607 (AS) DEPARTMENT DF REVENUE BUREAU OF ACCOUNTS SETTLEMENT P.O. BOX 2055 HARRISBURG. PA 17105 INHERITANCE TAX STATEMENT OF ACCOUNT I ACN 101 ESTATE OF MILLER JACOB DATE OF OEATH 01-13-81 NOTE: TO INSURE PROPER CREDIT TO YOUR TO THE REGISTER OF WILLS OF THE DATE 08-22-83 H FILE NO. 21 78-0"-21 COUNTY CUMBERLAND ACCOUNT SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR TAX PAYMENT ABOVE COUNTY. MAKE CHECKS PAYABLE TO: REGISTER OF WILLS, AGENT. ROBERT R BLACK 36 S HANOVER ST CARLISLE PA 17013 PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE CUT ALONG THIS LINE - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - -- ** INHERITANCE TAX STATEMENT OF ACCOUNT ** ESTATE OF MILLER JACOB H FILE NO. 21 78-0121 ACN 101 THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED BELOW IS A SUMMARY OF THE PRINCIPAL TAX DUE, THE APPLICATION OF ALL PAYMENTS, THE CURRENT IF APPLICABLE, A PRO~ECTED INTEREST FIGURE. DATE 08-22-83 ESTATE. SHOWN BALANCE, AND, DATE OF LAST ASSESSMENT OR RECORD AOJUSTMENT: 04-05-83 PRINCIPAL TAX DUE:..................................................... 12,787.21 PAYMENTS (TAX CREDITSI: PAYMENT RECEIPT DISCOUNT (+) i AMOUNT PAID DATE NUMBER INTEREST (-I 10-09-81 069740 .00 6,000.00 04-15-82 010648 204.81- 637.21 I I 08-04-83 097215 496.08- 20.79 INTEREST IS CHARGED FROM 08-05-83 TO 09-06-83 TOTAL TAX CREDITS 5,957.11 AT THE RATES APPLICABLE AS OUTLINED ON THE REVERSE SIDE OF THIS FORM.' BALANCE OF TAX DUE 6,830.10 INTEREST 34.39 TOTAL DUE 6,864.49 (If Balance Due is less than $1.00 no payment is required) * IF PAID AFTER THIS DATE SEE REVERSE SIDE FOR CALCULATION OF ADDITIONAL INTEREST RETAIN THIS PORTION FOR YOUR RECORDS --- ReCD "S? 1\1 'J/~ Interest: If any tax due is paid within three (3) months after the decedent's death. a discount of five percent {S%} 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 at the expiration of 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: Discount: 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 12/31/83 6% 20% 16% .000164 .000548 .000438 Those 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 tax balance is paid in full. Those 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 the different rates in effect on each January 1. Interest is calculated as follows: INTEREST = BALANCE DF UNPAID TAX X NUMBER DF DAYS X DAILY INTEREST FACTOR. If a tax balance remains outstanding for more than one calendar year, a separate interest determination must be made for each year at the applicable rate. (Only one calculation 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 notice. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. 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 booklet, "Instructions for Inheritance Tax Return for a Resident Decedent." . Make check or money order payable to: Register of Wills, Agent.