HomeMy WebLinkAbout05-17-05 (2)
REV-1500EX + (8-00)
.
COMMONWEALTH OF
PENNSYLVANIA
OEPARTMENT OF REVENUE
OEPT.280601
HARRISBURG, PA 17128-0601
DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITI LJ
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MCGINLEY
DATE OF DEATH (MM-DD-Yea-)
RUTH
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
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DATE OF BIRTH (MM-DD-Year)
11/0612004 02116/1921
(IF APPLICABLE) SURVIVlNG SPOUSE'S NAME (LA , RRST, AND MIDDLE INITIAL)
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00 1. Original Retum
o 4. Limited Estale
o 6. Decedent Died Testale -,""'0""1)
o 9. Litigation Proceeds Received
o 2. Supplemental Retum
o 4a. Future Interest Compromise (daleofdealh afIer 12-12-82)
o 7. Decedent Maintained a Livlng Trust (AltD1 copy of Trust)
o 10. Spousal Poverty Credo I""' of _ _12.31.91 "" 1.1.951
OFFICIAL USE ONLY
FILE NUMBER
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COUNTYCOOE YEAR NUUElER
SOCIAL SECURITY NUMBER
1 9 8 - 0 7 - 8 077
THIS RETURN MUST BE ALED IN DUPlICATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
o 3. Remainder Return (dalaofdealhpriorto12-13-82)
o 5. Federal Estale Tax Retum Required
_ 8. Total Number of Safe Depeso Boxes
o 11. Election to tax under Sec. 9113(A) -' So, 0)
NAME
MURREL R. WALTERS III
FIRM NAME (~APIllicrtJle)
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TELEPHONE NUMBER
717-4197-4650
COMPLETE MAILING AODRESS
54 EAST MAIN STREET
MECHANICSBURG
1. Real Estale(ScheduIeA) (1)
2. Stocks and Bonds (Schedule B) (2)
3. Closely Held Corporation, Partnership or S Proprietorship (3)
4. Morlgages & NoleS Receivable (Schedule (4)
5. Cash, Bank Depes", & Miscellaneous Pe (5)
(Schedule E)
6. Jointly OWned Property (Selleduie F) (6)
o Separate BiUing Requested
7. Inter-Vivos Translers & Miscellaneous Non- robale Property (7)
(Schedule G or L)
8. Total Gross As.... (total Lines 1-7)
9. Funeral Expenses & Administrative Coslll ( chedule H) (9)
10. Debls of Decedent, Martgage Liabilities, & lens (Schedule I) (10)
11. Total Deductions (tolal Lines 9 & 10)
12. Net Value of Estate (Line 8 minus Line 11)
13. Charitable and Govemmental BequeslslS 9113 Truslll for which an election to tax has nat been
made (Selledule J)
14. Net Velue Subject to Tax (Line 12 minus 100 13)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
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Z 15. ~mountof Line 14 taxable at the spousal
0 rale, artransfers under Sec. 9116 (aX1.2) X _(15)
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~ 16. Amount of Une 14 taxable at lineal rate 16,963.00 X ~(16)
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a. 17. AmountofLine 14 taxable at sibling rale X .12 (17)
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0 18. Amount of Line 14 taxable at collateral rate X .15 (18)
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~ 19. Tax Due (19)
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PA 17055
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16,700.00! -.'.-:~'"
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3,071.11 I:;'::;
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(8)
19,771.11
2,139.68
668.43
(11)
(12)
(13)
2,808.11
16,963.00
(14)
16,963.00
763.34
763.34
,Decedent's Com lete Address:
STREET ADDRESS
1118 TUNBRIDGE LANE
CITY
MECHANICSBURG
STATE
PA
ZIP
17050
Tax Payments and Credits:
,. Tax Due (Page 1 Une 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Pnor Payments
C. Discount
(1)
763.34
Total Credits (A +8 +C) (2)
3. InterestlPenalty if applicable
D. Interest
E. Penalty
T otallnterestlPenalty ( 0 + E ) (3)
4. If Line 2 is greater than Line 1 + Line 3, enter th difference. This Is the OVERPAYMENT.
Check box on Page 1 Line 2 to request a refund (4)
5. If Line 1 + Line 3 is greater than Une 2, enterth difference. This is the TAX DUE. (5)
A. Enter the interest on the tax due. (5A)
8. Enter the total 01 Une 5 + 5A. This is the B CE DUE. (5B)
Ma Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOLL WING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
,. Old decedent make a transfer an : Yes No
a. retain the use or income ofth property transferred; ............______..___.............................__________............. 0 IZI
b. retain the nghtto designate w 0 shall use the property transferred or its income; .........................._________..... 0 IZI
c. retain a reversionary interest; ___..______.__................................__________.__............................________..__... 0 IZI
d. reoeivethe promise for iifeof 'therpayments, benefits or care? ..._____.______.........................._________........... 0 ~
2. II death occulTed after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consi eration?............................________._________..........................._.._____.............. 0 ~
3. Did decedent~ an 'in trust lor" or payable upon death bank account orsecunty at his or her death? ...._______..____ 0 ~
4. Did decedent ~ an Individual tirement Account, annuity, or other non-probate property which
contains a beneficiary designatio ? .........._____....____.__.____........................................._______...__................... 0 ~
763.34
763.34
IF THE ANSWER TO ANY OF THE ABOVE Q ESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
PA 17050
ATE /
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ADDRESS
ADDRESS
MURREL R. WALTERS II
54 EAST MAIN STREET ME HANICSBURG
PA 17055
For dates of death on or after July 1, 1994 and befo January 1, 1995, the tax rate imposed on the net vaiue of transfers to or lor the use of the surviving spouse is 3%
[72 P.S. ~9116 (a) (1.1) (i)].
For dates of death on or after January 1,1995, thet rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. ~9116 (a) (1.1) (ii)].
The statute does not exemot a transfer to a survivin spouse from tax, and the statutory requirements for disclosure of assets and filing a tax retum are still applicable even if
the surviving spouse Is the only beneficiary.
For dates of death on or after July 1,2000:
The tax rate imposed on the net value of transfers f m a deceased child twenty-one years of age or younger at death to or for the use 01 a natural parent, an adoptive parent,
or a stepparent of the child is 0% [72 P.S. ~9116(a)( .2)J.
The tax rate Imposed on the net value of transfers to or lor the use of the decedent's lineal beneficianes is 4.5%, except as noted in 72 P.S. ~9116(1.2) [72 P.S. ~9116(a)(1)].
The tax rate imposed on the net value of transfers tq or for the use of the decedent's siblings is 12% [72 P.S. ~9116(a)(1.3)1. A sibling is defined, under Section 9102, as an
individual wIlo has at least one parent in common wilh the decedent, whether by blood or adoption.
REV-1!108 EX + (6-98)
* SCHEDULE E
COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC.
INHERITANCE TAX RETURN PERSONAL PROPERTY
RESIDENT DECEDENT
ESTATE OF FfLE NUMBER
. <::v RIITI--l M
Indud the proceeds of litigation and the date the proceeds were received by the estate.
All pro Iorty jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. AUTOMOBILE 8,200.00
1990 HONDA CIVIC. ~ JALE PRICE
2. NEW YORK LIFE 8,500.00
ANNUITY
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I TOTAL (Also enter on line 5, Recapitulation) $ 16,700.00
,
(If more space is needed, insert additional sheets of the same size)
REV-15()9 EX + (6-98)
*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE F
JOINTL Y.OWNED PROPERTY
ESTATE OF
..rr.I"'1 I=Y
FILE NUMBER
RIITI-l
M
If an asset was ma Ie joint within one year of the decedenfs date of death, ~ must be reported on Schedule G.
SURVIVING JOINT TENANT(S) NAME
ADDRESS
RELATIONSHIP TO DECEDENT
A. MICHAEL P. MCGINLEY
1118 TUNBRIDGE LANE
MECHANICSBURG, PA 170511-7691
SON
B
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JOINTL Y.OWNED PROPERTY:
LEmR DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF F NANQAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DEC[lS VALUE OF
NUMBER TENANT JOINT IDENTIFYING UMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENrs INTEREST
1. A. 4/13196 MEMBERS 1S1 FEDERAL CREDIT UNION 6,118.25 50. 3,058.13
CHECKING AFCOUNT
2. A, 4/13198 MEMBERS 1S' FEDERAL CREDIT UNION 25.95 SO. 12.98
SAVINGS AC ~UNT
TOTAL (Also enter on line 6, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$
3,071.11
REV-1511 EX + (12-99)
*'
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF
FILE NUMBER
. ~v OIITU M
Oebts of decedent must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
,. BAUER FUNERAL HOME 576.78
2. FAMILY MEAL ST. M' ~Y'S ROMAN CATHOLIC CHURCH, KITTATINNY, PA 802.90
B. ADMINISTRATIVE COSTS:, Ct ~missions
,. Personal Representative's
Name of Personal Rep lesentative (s) MICHAEL P. MCGINLEY (RENOUNCED)
Social Security Numbe s)IEIN Number of Personal Representative(s)
SlreetAddress 111 TUNBRIDGE LANE
City MECHANIcs8URG State PA Zip 17050
Yea~s) Commission P !d:
2. AlIomey Fees MURREL R WALTERS III, ESQUIRE 630.00
3. Family Exemption: (~decedenr address is not the same as claimanfs, attach explanation)
Claimant
SlreetAddress
City State Zip
Relationship of Claime t to Oecedent
4. Probate Fees CUMBERU /ND COUNTY REGISTER OF WILLS 130.00
5. Acx:ountanfs Fees
6. Tax Return Preparer's Fees
7.
I TOTAL (Also enter on line 9, Recapitulation) $
, 2,139.68
,
(If more space is needed, insert additional sheets of the same size)
REV-1512 EX + (6-98)
*'
SCHEDULE.
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
MCGINLEY RUTH
FILE NUMBER
M.
Include unreimbursed medical expen....
ITEM
NUMBER
I
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,
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DESCRIPTION
VALUE AT DATE
OF DEATH
1. FUEL OIL
154.00
2. PPL
ELECTRICITY
3. JERRY SWEETEM
YARO WORK
4. PENNSYLVANIA WATER
5. EAST PENN AMBULANC~
MEDICAL I
i
8. COMMUNITY LIFE AMBUrNCE
MEDICAL
7. AT&T
TELEPHONE
8. PINNACLE HEALTH
PRESCRIPTIONS
75.03
111.30
25.52
75.00
160.00
29.63
37.95
I
,
TOTAL (Also enler on line 10, Recapitulation) $
668.43
,(~ more space ~ needed. lose" additionalsh_ of the same Size)
REV.,51>EX+<*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
I"V
NUMBER
I.
II.
SCHEDULE J
BENEFICIARIES
FILE NUMBER
RUTH
M.
1.
NAME AND ADDRESS OF P~RSON(S) RECEIVING PROPERTY
TAXABLE DISTRIBUTIONS pnclude utJight spousal distributions. and transfers under
See. 91 6 (.)(1.2)]
MICHAEL P. McGINLEY
118 TUNBRIDGE LANE +
MECHANICSBURG, PA 17 0
THOMAS A. McGINLEY
33 PARKER STREET I
CARLISLE, PA 17013 !
JAMES C. McGINLEY !
804 6th STREET
OAKMONT, PA 15139
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
Do NolUslTrustee(s) OF ESTATE
SON 1/3
2.
SON 1/3
3.
SON 1/3
ENTER DOLLAR AMOUNTS FOR DhsTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UN[~R SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
1.
1.
B. CHARITABLE AND GOVERNMEtTAL DISTRIBUTIONS
I
TOTAL OF PART n - ENTER Te iT AL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV.1500 COVER SHEET $
(If more space IS needed, Insert additional sheets of the same SIze)