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HomeMy WebLinkAbout09-06-83 REV. 1607 (AS) ) DEPARTMENT OF REVENUE BUREAU OF ACCOUNTS SETTLEMENT INHERITANCE TAX P.O. BOX 2055 STATEMENT OF ACCOUNT HARRISBURG, PA 17105 DATE 09- - 3 ESTATE OF COLEMAN W FILE NO. 21 78-0410 DATE OF DEATH 06-26-78 COUNTY CUMBERLANP NOTE: TO INSURE PROPER CREDIT TO YOUR ACCOUNT SUBMIT THE UPPER PORTION OF THIS FORM WITH YOUR TAX PAYMENT TO THE REGISTER OF WILLS OF THE ABOVE COUNTY. MAKE CHECKS PAYABLE TO: REGISTER OF WILLS, AGENT. ACN 101 GEORGE F DOUGLAS JR ESQ 27 W HIGH ST PO BOX 261 CARLISLE FA 17013 PLEASE RETURN THIS PORTION TO REGISTER OF WILLS IF PAYMENT DUE CUT ALONG THIS LINE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ** INHERITANCE TAX STATEMENT OF ACCOUNT ** ESTATE OF COLEMAN W FILE NO. 21 78-0410 ACN 101 DATE 09-06-83 THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. SHOWN BELOW IS A SUMMARY OF THE PRINCIPAL TAX DUE, THE APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PRO~ECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 08-15-83 PRINCIPAL T AX DUE:................................................................................................................................................... 1l.11 PAYMENTS (TAX CREDITS): PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST (-) 02-07-83 070575 2.58- 11.11 08-16-83 097246 .08- 2.67 TOTAL TAX CREDITS 11.12 BALANCE OF TAX DUE .01CR INTEREST .00 TOTAL DUE .01CR (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 '8~ ~..; ) 1\1 Discount: 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: Interest: Delinquent Date Annual Interest Rate Daily Interest Factor 5/27/43 to and including 12/31/81 111/82 to and including, 12/31/82 1/1/83 to and including 12/3 1/83 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 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 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.