HomeMy WebLinkAbout08-15-83
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REV. 1547EX (3-83)
BUREAU OF ACCOUNTS SETTLEMENT
PENNSYLVANIA DEPARTMENT OF REVENUE
P.O. BOX 2055
HARRISBURG. PA 17105
NOTICE OF IN-IERITANCE TAX A
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE CN
OF DEDUCTIONS, AND ASSESSMENT OF TAX
101
ESTATE OF COLEMAN
DATE OF DEATH 06-26-78
NOTE: TO INSURE PROPER CREDIT TO
PAYMENT TO THE REGISTER OF
AGENT" .
DATE
FILE NO. 21 78-0410
COUNTY CUMBERLAND
SUBMIT THE UPPER PORTION OF THIS NOTICE WITH YOUR TAX
ABOVE COUNTY. MAKE CHECKS PAYABLE TO "REGISTER OF WILLS,
w
YOUR ACCOUNT
WILLS OF THE
GEORGE F DOUGLAS JR ESQ
27 W HIGH ST
PO BOX 261
CARLISLE PA 17013
PLEASE RETURN THIS
PORTION TO REGISTER OF
WI LLS IF PAYMENT DUE
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NOTICE OF IN-IERITANCE
REV. 1547EX (3-83)
ESTATE OF COLEMAN
W
FILE NO. 21 78-0410
TAX APPRAISEMENT. ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
ACN 101
DATE 08-15-83
9. Funeral Expenses/ Administrative Costs/Miscellaneous
Expenses (Schedule H) ( 9)
1 O. Debts/Mortgages/Liens (Schedule I) ( 1 Ol
11. Total Deductions
12. Net Vaiue of Tax Return
1 3. Charitable/Governmental Bequests (Schedule J)
14. Net Value of Estate Subject to Tax
NOTE: If an assessment was previously issued, lines 14, 15 and/or 16
ref I set figures that I ncl ucIe the tot a I of.All returns assessed
ASSESSMENT OF TAX:
15. Amount of line 14 taxable at 6% rate (15)
16. Amount of line 14 taxable at 15% rate (16)
17. Principal Tax Due
TAX CREDITS:
TAX RETURN WAS: (X) ACCEPTED AS FILED
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. Closelv Held Stock/Partnership Interest (Schedule C)
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
APPROVED DEDUCTIONS AND EXEMPTIONS:
) CHANGED
( 1) .00
( 2) .00
( 3) '.00
( 4) .00
( 5) 267.00
( 6) .00
( 7) .00
( 8)
267.00
82.00
.00
(11)
(12)
(13)
(14)
and 17 wi 11
to date.
82.00
185.00
.00
185.00
185.00
.00
X.06=
X.15=
(17)
11.10
.00
11.11
PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID
DATE # INTEREST H
02-07-83 070575 2.58- 11.11
INTEREST IS CHARGED FROM 02-08-83 TO 08-30-83 TOTAL TAX CREDIT R.C';3
AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 2.58
REVERSE SIDE OF THIS FORM.* INTEREST .09
* IF PAID AFTER THIS DATE SEE REVERSE FOR CALCULATION TOTAL DUE 2.67
OF ADDITIONAL INTEREST
(If Balance Due is less than $1.00 no payment is required}
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RESERVATION: In the event that any future interest in this estate is transferred in possession or enjoyment to
collateral (Class B) 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 2485-709).
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 0 f 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:
Objections:
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
Estates that bec.ome 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 deJ.inquent 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 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 assessment. 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 or Wills, Agent.