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HomeMy WebLinkAbout09-07-83 j ,v. ~3EX (11-B2) PENNSYLVANIA DEPARTMENT DF REVENUE BUREAU DF ACCOUNTS SETTLEMENT P.O. BOX 2055 HARRISBURG. PA 17105 INHERITANCE TAX RECORO AO~USTMENT IASSESSMENT CONTROL NO. 101 ESTATE OF MILLER DATE OF DEATH 01-13-81 NOTE: TO INSURE PROPER CREDIT PAYMENT TO THE REGISTER WILLS, AGENT." JACOB DATE 09- 7-83 FILE NO. 21 78-0121 COUNTY CUMBERLAND TO YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR TAX OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER OF H 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 RECORO AO~USTMENT** ESTATE OF MILLER JACOB H FILE NO.21 78-0121 ACN 101 DATE 09-07-83 ADJUSTMENT BASED ON: ADMINISTRATIVE CORRECTION VALUE OF ESTATE: 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 Gross Assets (1) 1 21 1 31 141 1 51 ( 61 I 71 .00 .00 .00 .00 104,630.51 .00 .00 181 104,630.51 OEDUCTIONS ANO EXEMPTIONS: 9. Funeral Expenses/Administrative Costs/Miscellaneous Expenses (Schedule H) 1 Q. Debts/Mortgages/Liens (Schedule f) 1 1. Total Deductions , 2. Net Value of Estate 13. Charitable Bequests (Schedule J) 14. Net Value Subject to Tax ( 91 1101 .00 19,997.60 1111 (121 1131 (141 19,997.60 84,632.91 5,000.00 79,632.91 TAX: 15. Amount of line 14 taxable at 6% rate 16. Amount of line 14 taxable at 15% rate 17. Principal Tax Due TAX CREOITS: 1151 (161 58,974.69 20,658.22 X.06= X.15= (17) 3,538.48 3,098.73 6,637.21 PAYMENT I RECEIPT DISCOUNT (+ I AMOUNT PAID DATE # INTEREST I-I I 10-09-81 069740 .00 6,000.00 04-15-82 010648 19.23- 637.21 I 08-04-83 097215 1. 50- 20.79 I TOTAL TAX CREDIT 6.637.27 BALANCE OF TAX DUE .06CR INTEREST .00 . IF PAID AFTER DATE INDICATED SEE REVERSE FOR CALCULATION TOTAL OUE .06CR OF AODITIONAL INTEREST (If Balance Due is less than $1.00 no payment is required) RETAIN THIS PORTION FOR YOUR RECORDS Discount Interest ?= 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 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: Delinquent Date Annual Interest Rate Daily Interest Factor .000164 .000648 .000438 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% 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: DAILY INTEREST FACTOR. INTEREST = BALANCE OF UNPAID TAX X NUMBER OF DAYS X 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. """'~'l"'l'lJjj!t:I'J~,:t"':;:, <~i. COMMONWEALTH OF PENNSYLVANIA "PAl'l.TMENT OF REVENUE BUREAU OF EXAMINATION P. O. BOX 8327 HARRISBURG, PA 17105 ;'';.',:.6':-.,,~ ... ':.. ~. ... \.:. INHERITANCE TAX EXPLANATION OF CHANGES DECEDENT'S NAME ITEM SCHEDULE NO. EXPLANATION OF CHANGES TAX EXAMINER: FILE NO. PAGE _