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HomeMy WebLinkAbout02-0684 ~COHHQNWEAlTH OF PENNSVLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG~ PA 171Z8-0601 *' INFORMATION NOTICE AND TAXPAYER RESPONSE FILE ACN DATE NO. 21-0.:2-~e.y 02133098 07-18-2002 REV-1545EXAFPtO'-OOl EST. OF PHET VU 5.5. NO. 191-60-1880 DATE OF DEATH 05-16-2002 COUNTY CUMBERLAND TYPE OF ACCOUNT o SAVINGS IX] CHECKING o TRUST o CERTIF. JONATHAN S PHAM 50 LONGSTREET DR PA 17~"7 CARLISLE 'U'" REMIT PAYMENT AND FORMS TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 HEHBERS 1ST Feu has provided the Department with the inforlllation listed below which has been used in calculating the potential tax due. Their records indicate that at the death of the above deCBdBnt~ you were a joint owner/beneficiary of this account. If you feel this information is incorrect~ please obtain written correction from the financial institution, attach a copy to this for. and return it to the abovB address. This account is taxable in accordance with tho Inheritance Tax laws of the Commonwealth of Pennsylvania. Questions may be answered by calling (717) 787-83Z7. Date Established REVERSE SIDE FOR 10-23-1998 FILING AND PAYMENT INSTRUCTIONS COMPLETE PART 1 BELOW Account No. 179559-11 ill ill ill SEE x 1,779.74 50.000 889.87 .045 40.04 To insure proper credit to your account, two (Zl copies of this notice must accompany your payment to the Register of Wills. Make check payable to: "Register of Wills, Agent". Account Balance Percent Taxable Amount Subject to Tax Tax Rate Potential Tax Due x NOTE: If tax payments are made within three (3l months of the decedent.s date of death, you may deduct a SZ discount of the tax due. Any inheritance tax due will become delinquent nine (9l months after the date of death. PART TAXPAYER RESPONSE [1]liii!i!~II1~~~~ii!iil!i!!ii~~~~~iiii~i~~~i!iii!l.~i!i~,~iii!~~i!!i!I!1j~~i~~~iiiii~~lI1l!ii~~~~~M~~ii'i~~~~,'ii!i~~!i!i~~liii!~~~i~~~!iii!1 A. .k8J The above information and tax due is correct. . 1. You may choose to remit payment to the Register of Wills with two copies of this notice to obtain a discount or avoid interest, or you may check box "A" and return this notice to the Register of Wills and an official assessment will be issued by the PA Department of Revenue. [CHECK ] ONE BLOCK ONLY B. c=J The above asset has been or will be reported and tax paid with the Pennsylvania Inheritance Tax return to be filed by the decedent.s representative. c. c=J The above information is incorrect and/or debts and deductions were paid by you. You .ust co.plete PART 0 and/or PART 0 below. PART @] TAX RETURN - COMPUTATION LINE 1. Date Established 2. Account Balance 3. Percent Taxable 4. Amount Subject to Tax 5. Debts and Deductions 6. Amount Taxable 7. Tax Rate 8. Tax Due TAX ON JOINT/TRUST ACCOUNTS If you indicate a different tax rate~ please state your relationship to decedent: OF 1 2 3 4 5 6 7 8 x x PART ~ DATE PAID DEBTS AND DEDUCTIONS CLAIMED PAYEE DESCRIPTION AMOUNT PAID I $ I TOTAL (Enter on Line 5 of Tax Computation) of perjury~ I declare that the facts I of my knowledge and belief. have reported above are true~ correct HOME ('17) ''if ';)797 WORK (7 ) , 06 77~ TELEPHONE NUMBER and GENERAL INFORMATION 1. FAILURE TO RESPOND WILL RESULT IN AN OFFICIAL TAX ASSESSMENT with applicable interest based on information submitted by the financial institution. Z. Inheritance tax becomes delinquent nine ~onths after the decedent's date of death. 3. A joint account is taxable even though the decedent's name was added as a matter of convenience. 4. Accounts (including those held between husband and wife) which the decedent put in joint names within ona year prior to death are fully taxable as transfers. 5. Accounts established jointly between husband and wife .ore than one year prior to death are not taxable. 6. Accounts held by a decedent "in trust for" another or others are taxable fully. REPORTING INSTRUCTIONS - PART 1 TAXPAYER RESPONSE 1. BLOCK A - If the information and cOllputation in the notice are correct and deductions are not being claimed, place an "X" in block "A" of Part 1 of the "Taxpayer Response" section. Sign two copies and submit the. with your check for the amount of tax to the Register of Wills of the county indicated. The PA Department of Revenue will issue an official assessment (For. REV-1548 EX) upon receipt of the return fro. the Register of Wills. 2. BLOCK B - If the asset specified on this notice has been or will be reported and tax paid with the Pennsylvania Inheritance Tax Return filed by the decedent's representative, place an "X" in block "B" of Part 1 of the "Taxpayer Response" section. Sign one COpy and return to the PA Department of Revenue, Bureau of Individual Taxes, Oept 280601, Harrisburg, PA 171Z8-0601 in the envelope provided. 3. BLOCK C - If the notice infor.ation is incorrect and/or deductions are being clai.ed, check block "C" and co.plete Parts 2 and 3 according to the instructions below. Sign two copies and submit them with your check for the amount of tax payable to the Register of Wills of the county indicated. The PA Department of Revenue will issue an official assessment (For. REV-1548 EX) upon receipt of the return from the Register of Wills. TAX RETURN - PART 2 - TAX COMPUTATION LINE 1. Enter NOTE: the date the account originally was established or titled in the lIanner existing at date of death. For a decedent dying after lZ/lZ/82: Accounts which the decedent put in joint nalles within one (1) year of death are taxable fully as transfers. However, there is an exclusion not to exceed $3,000 per transferee regardless of the value of the account or the nUllber of accounts held. If a double asterisk (MM) appears before your first na.e in the address portion of this notice, the $3,000 exclusion already has been deducted from the account balance as reported by the financial institution. Z. Enter the total balance of the account including interest accrued to the date of death. 3. The percent of the account that is taxable for each survivor is determined as follows: A. The percent taxable for joint assets established 1I0re than one year prior to the decedent's death: DIVIDED BY TOTAL NUMBER OF JOINT OWNERS Exa.ple: A joint asset registered DIVIDED BY TOTAL NUMBER OF X 100 PERCENT TAXABLE SURVIVING JOINT OWNERS in the name of the decedent and two other persons. 1 DIVIDED BY 3 (JOINT OWNERS) DIVIDED BY Z (SURVIVORS) = .167 X 100 16.7Z (TAXABLE FOR EACH SURVIVOR) B. The percent taxable for assets created within one year of the decedent's death or accounts owned by the decedent but held in trust for another individual(s) (trust beneficiaries): 1 DIVIDED BY TOTAL NUMBER OF SURVIVING JOINT OWNERS OR TRUST BENEFICIARIES X 100 PERCENT TAXABLE Example: Joint account registered the decedent. 1 DIVIDED BY Z (SURVIVORS) = .50 in the name of the decedent and two other persons and established within one year of death by X 100 50Z (TAXABLE FOR EACH SURVIVOR) 4. The amount SUbject to tax (line 4) is determined by lIultiplying the account balance (line 2) by the percent taxable (line 3). 5. Enter the total of the debts and deductions listed in Part 3. 6. The allount taxable (line 6) is deter.ined by SUbtracting the debts and deductions (line 5) from the amount subject to tax (line 4). 7. Enter the appropriate tax rate (line 7) as deter.ined below. -The tax rate l.posed on the net value of transfers from a deceased chlld twenty one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is OZ. The lineal class of heirs includes grandparents, parents, children, and lineal descendents. "Children" includes natural children whether or not they have been adopted by others, adopted children and step children. "Lineal descendents" includes all children of the natural parents and their descendents, whether or not they have been adopted by others, adopted descendents and their descendants and step-descendants. "Siblings" are defined as individuals who have at least one parent in com.on with the decedent, whether by blood or adoption. The "Collateral" class of heirs includes all other beneficiaries. Date of Death Spouse Lineal Sibling Collaieral 07101/94 to 12/31/94 3% 6% 15% 15% 01/01/95 to 06/30/00 0% 6% 15% 15% 07101/00 to preseni 0% 4.5%- 127- 157- - CLAIMED DEDUCTIONS - PART 3 DEBTS AND DEDUCTIONS CLAIMED Allowable debts and deductions are determined as follows: A. You legally are responsible for payment, or the estate subject to administration by a personal representative is insufficient to pay the deductible items. B. You actually paid the debts after death of the decedent and can furnish proof of paYllent. C. Debts being claimed .ust be itemized fully in Part 3. If additional space is needed, use plain paper 8 1/2" x 11". Proof of paYIIBnt may be requested by the PA Department of Revenue. ~. .....----- ~ J. Seng and Betnade\lB PIlam r 50 l..ongIIreel Drive _ _ QriIIe, PA 17013 - - ~_. - ,.,\,/jRG p ,,::J ",' :~. pt: ,.-. \ q " ~~.'} \;' "'.)'" ,,:,,~:,,; ....---; /:tj/er dljv~g {l;J?Je'/ j/l1d (:. t~/I ffit1JC urIs); //1 /7c~3 -- ,...,.,~d>__~"'_"''''.- --~ -~ ~ ~~~.~.... .-'"""",.,".,,,,,,,,......, ,..---..,' ""--"", -"~'"' .. ,,,~. .,.,..-""" COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT.2B0601 HARRISBURG, PA 17128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT PHAM JONATHAN S 50 lONGSTREET DRIVE CARLISLE, PA 17013 nnnn fOld ESTATE INFORMATION: SSN: 191-60-1880 FILE NUMBER: 2102-0684 DECEDENT NAME: PHET VU DATE OF PAYMENT: 07/30/2002 POSTMARK DATE: 07/29/2002 COUNTY: CUMBERLAND DATE OF DEATH: 05/16/2002 NO. CD 001462 ACN ASSESSMENT CONTROL NUMBER AMOUNT 02133098 I $40.04 I I I I I I I I TOTAL AMOUNT PAID: $40.04 REMARKS: CHECK# 350 SEAL INITIALS: AC RECEIVED BY: REGISTER OF WILLS MARY C. LEWIS REGISTER OF WillS F) - -'}.f' - / CJ \.. BUREAU OF INDIVIDUAL TAXES INHERIT~NCE TAX DIVISION DEPT. 280691 HARRISBURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE '* NDTICE OF INHERITANCE TAX APPRAISEHENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTION~, AND ASSESSHENT OF TAX ON JOINTLY HELD OR TRUST ASSETS REV-1548EXAFPtOl.02l JONATHAN S PHAM 50 LONGSTREET DR CARLISLE DATE ESTATE OF DATE OF DEATH .FILE NUMBER COUNTY SSN/DC ACN 11-25-2002 PHET 05-16-2002 21 02-0684 CUMBERLAND 191-60-1880 02133098 Amount Rellitted VU PA 17013 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG THIS LINE __ RETAIN LOWER PORTION FOR YOUR RECORDS ~ Rifv=is4-i-Eif-AFi>-[oil=ozl------------------------------------------------------------------------------------ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS, AND ASSESSMENT OF TAX ON JOINTLY HELD OR TRUST ASSETS DATE 11-25-2002 ESTATE OF PHET VU DATE OF DEATH 05-16-2002 COUNTY CUMBERLAND FILE NO. 21 02-0684 TAX RETURN WAS: S.S/D.C. NO. 191-60-1880 (X) ACCEPTED AS FILED () CHANGED JOINT OR TRUST ASSET INFORMATION ACN 02133098 FINANCIAL INSTITUTION: MEMBERS 1ST FCU ACCOUNT NO. 179559-11 TYPE OF ACCOUNT: DATE ESTABLISHED ( ) SAVINGS (Xl CHECKING ( ) TRUST ( ) TIME CERTIFICATE 10-23-1998 X 1,779.74 0.500 889.87 .00 889.87 .45 40.04 NOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT, SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX PAYMENT TO THE REGISTER OF WILLS AT THE ABOVE ADDRESS. MAKE CHECK OR MONEY ORDER PAYABLE TO: "REGISTER OF WILLS, AGENT." Account Balance Percent Taxable Amount Subject to Tax Debts and Deductions Taxable Amount Tax Rate Tax Due X TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 07-29-2002 CDOO1462 2.00 40.04 TOTAL TAX CREDIT 42.04 BALANCE OF TAX DUE 2.00CR INTEREST AND PEN. .00 TOTAL DUE 2.00CR . IF PAID AFTER THIS DATE~ see REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. . ( IF TOTAL DUE IS LESS THAN $1, NO PAYNENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" ( CRJ ~ YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORN FOR INSTRUCTIONS. J