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HomeMy WebLinkAbout11-08-96 fl . 16 - ~ -I 7'J COMMONWEAL TH OF PENNSYLVANIA I DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISIIURIl. PI 17128-0601 v * NOTICE OF INHERITANCE TAX APPRAISEMENT. ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSES~ENT OF TAX tEV-1I47 EX AFP (11-") LAURIE THOMPSON POA 490 W END AVE NEW YORK NY 10024 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 10-28-96 FREDRICK, THEODORE C. 07-18-78 2178-0412 CUMBERLAND 101 Allount Relli tted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: Register of Wills Cumberland Co. Courthouse Carlisle, PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ...... REV=is47-Ex-AFP-coY:96Y-NcfrIcE--oF-YtiHERITAifcE-YAx-jrpPR1rIsEifENT~--ALU)WANCE-CrR----------------- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF Fredrick, Theodore C. FILE NO. 2178-0412 ACN 101 DATE 10-28-96 TAX RETURN WAS: I ) ACCEPTED AS FILED I X) CHANGED See attached notice RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: Supplemental Return No. 01 1. Reel Estate ISchedule A) (1) 2. Stocks end Bonds ISchedule B) (2) 3. Closely Held Stock/Partnership Interest ISchedule C) (3) 4. Mortgages/Notes Receivable ISchedule D) (4) 5. Cash/Bank Deposits/Misc. Personal Property ISchedule E) IS) 6. Jointly Owned Property ISchedule F) (6) 7. Transfers ISchedule G) (7) 8. Total Assets .00 .00 .00 00 7.617.34 .00 NOTE: To insure proper credit to your account, sub.it the upper portion of this fora with your box paYllent. nn (8) 7,017.1/. APPROVED DEDUCTIONS AND EXEMPTIONS: ,. Funeral Expenses/A~. Costs~isc. Expenses ISchedule H) I') 10. Debts/~rtgage Liabiliti.s/Liens ISchedule I) (10) 11. Total Deductions 12. Net Value of Tax Raturn 13. Charitable/Goyemeantal Bequests ISchedule J) 14. Net Value of Estate Subject to Tax .00 00 Ill) (12) (13) (14) .00 7.617.11. nn 1:?,0:?1 :?'i NOTE: I~ an assessment was issued previously, lines 14, 15 and/or 16, 17 and 18 will r~lect ~igures that include the total ~ abh returns assessed to date. ASSESSMENT OF TAX: 15. A.......,t of Line 14 at Spousal rat. (15) 16. AIIount of Line 14 taxable at Lineal/Class A rata (16) 17. Aaount of Line 14 taxable at Collataral/Class B rate (17) 18. Principal Tax Due .00 X .00= 12.021.25 x.06= . 00 x. 1 5 = (18) .00 721.28 .00 721 .28 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE ~BER INTEREST (-) 04-17-79 XB63600 .00 264.23 08-03-96 Writeoff 473.50- .02 TOTAL TAX CREDIT 264.23 BALANCE OF TAX DUE 457.05 INTEREST AND PEN. 480.53 TOTAL DUE 937.58 · IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. I IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) . RESERVATIDN: E.ut.. of d_t. dying on or before _r lZ. IMZ -- if ony future int.r..t in the ..t.t. ls tron.f.rred in po.....ion or enjoyeent tD Cl... B (colleter.ll benefici.ri.. Df the decodont .ft.r the expi..tion Df any ..ut. for l1f. or for years, the C~lth herebY expre..ly r...rve. the right to appral.. end ...... transf.r Inheritance Taxe. .t the lewful Cl... B (CDU.t...!) ret. on ony _ future int.r..t. PURPOSE OF NOTICE: TD fulfill the r.quir....t. Df s.ction Z140 Df the Inherit.... and E.tat. Tax Act. Act ZZ of 1"1. 7Z P.S. Section Z140. PAYHEHT: D.t.ch the top portion Df tIlis Notic. ond suIMIit with your payeent tD the R""ist.r Df WUl. printed on the r""er.. side. --M.k. c:Ileck or _y Drd.r paY8ble tD: REGISTER OF IlILLS, AGENT All p.ysent. rec.ived shall fir.t be applied tD any int.r..t which ..y b. duo Mitll any r...inder .pplied tD tile tax. REFUND (CHl. A r.fund Df . tax credit. which .... not r......sted on the T.x Return, "11 b. reque.ted by c_leting on RAppllcation fDr R.fund Df Pennsylvani. Inheritence and E.t.te Tex. (REV-1313l. Appiication. .r. eveilBbl. .t the Dffic. Df the Regi.t.r Df Will.. any Df the Z3 Revenu. Di.trict Offic.s. Dr bll calling the speci.l 24-llDur answering ..rvio. nuebor. for for.. ordering: In Penn.ylvani. 1-800-36Z-Z050. out.id. Penn.ylvani. and witllin locsl Harrisburg .r.. (717) 787-8094, TOO' (717l 77Z-Z252 (He.ring Iopeired Onll1). OBJECTIDNS: Any p.rty in int.r..t nDt sati.fied Mith the appr.iseeent. .11Dwonc. or disallowanc. Df deduction.. Dr .........t Df tax (including discDunt Dr intere.tl .. .hD.... on this Notic. sust object Mitllin sixty (60) dey. Df rec.ipt Df this NDtice by: --Mritten prote.t tD the PA Depsrtsent Df Revenu.. IDerd Df Appsels. Dept. Z810Z1. Herrisburg. PA 171Z8-10Z1. OR --.lection tD """. the ..tter d.te..ined .t _it Df the BCCDUI'It Df the personsl r...r.senuti.... OR --appeal to the Orphan.' Court. ADMIN ISTRATIYE CDRRECTIDNS: Factual .rrors discovered on this a......ent should be addr.ssed In writing to: PA Departaent of Revenue, Burseu Df Individual Tex.., ATTN: PD.t As....sent R.view Unit, Dept. Z80601. H.rri.burg, PA 17128-0601 Phone (717) 787-6505. sse pegs 5 Df tIl. bookl.t RInstruction. fDr Inherit.... Tex R.turn fDr . R..ident Decedent" CREV-1S01) for an explanation of ~inist~tlv.ly correctable errors. DISCOUNT: If eny tox duo ls p.id Mithin thr.. (3l calend.r eonth. .ft.r the dec_t.. _tIl. . fi... p.rcent (5'0 discDUllt Df the tax paid 1. allowed. PENAL TV: Th. ISlC tox .....ty non-p.rticip.tion pensl ty is _ted on the tDul Df the tox and int.r..t .....sad. and not p.id befDr. Jenuory 18. 1~, the first day .ft.r the .nd of the tex .....ty period. Thi. non-p.rticipation penalty is _.IBbl. in the __ ......r end in the the __ ti_ period .. you ......ld ""pe.l the te>c and int.r..t thet h.. been ......ed .. incllcated on tills notic.. INTEREST: Int.re.t is eIlarged lMIoinning Mith fir.t day Df delinquency. Dr nine (9l eontll. and one III dall frotl the dat. Df de.th, tD the d.t. Df P8l/8SRt. Tex.. MIlich becaee delinquent befDr. Jenuory 1. 198Z IMler inter..t .t th. r.te Df .ix (6~l percent per onnue c.lcul.ted .t e d.ily r.te Df .000164. All tax.. which becaee delinquent an and .ft.r January 1, 1982 will bear inter.st at 8 rate Nhlch will vary fr~ calondar year to calendar y.ar with thBt rate announced by ~ PA Depar~ent of Revenue. The applIcable inter..t rat.. for 1982 through 1996 are: ~ Interest Rat. Dally Interest Factor ~ Int.r..t Rete D.illl Interest Factor 198Z ZO~ .000543 1987 9~ .000Z47 1983 16X .000438 1988-1"1 ll~ .000301 19114 ll~ .000301 I"Z 9% .000247 1985 13% .000356 1"3-1994 T'( .000192 1986 10~ .000Z74 1"5-1~ 9% .000247 --Interest is calcul.ted .. follDw, : INTEREST = BALANCE OF TAX UNPAID X NUftBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notic. i.sued .ft.r the tax becoee. delinquent will r.flect en inter..t c.lculetion tD fifteen (15) dell. b.lIond the date Df the .........t. If _t is _ .ft.r the int.r..t _utIon d.t. shown on the Notice. additionsl int.r..t oust be calcul.ted. ,. PROBATE 0 JBA 0 DATE.8110J95 ~1"70 EX (....) . INHERITANCE TAX EXPLANATION eot.HONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE OF CHANGES BUREAU OF INDMDUAL TAXES DEPT. 280601 HARRISBURG PA 171'>1-0601 OECEOhS;;rE ~ e.od 0 re. c... FILE NUMBER ~;I rl ;. j:: 2-1 f-~"" Dy 11..- ACN \01 SCHEOULE ITEM EXPLANATION OF CHANGES NO. The estate is responsible for the payment of Pennsylvania inheritance tax. Upon receipt by the Department of proof of payment of the Pennsylvania inheritance tax, interest will be abated through the date the estate received the assets. TAX EXAMINER: 1) . ~ I ~\ \ Y'V\..a....tI\ PAGE 1