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HomeMy WebLinkAbout08-17-05 REV-15Oll EX ('"00) REV-1 500 OFFICIAL USE ONLY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN DEPARTMENT OF REVENUE FILE NUMBER DEPT. 280601 RESIDENT DECEDENT ~ - -'2-S -1l J2L~3 HARRISBURG, PA 17128-0601 eoLNT'( COOE YEAR MMBER DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURrTY NUMBER I- Z SHEIBLEY , FRANCIS J 168 - 70 - 12 97 W DATE OF DEATH (MM-DD- YEAR) DATE OF BIRTH (MM-DD- YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE C W 12 17 2 004 03 05 1984 REGISTER OF WILLS 0 - - - - W (IF APPLICABLE) SURVMNG SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER C W [ZJ 1, Original Return 0 2. Supplemental Return 0 3. Remainder Return (dale of deatl1 prior to 12-13-82) ~ <J) 0 4. Limited Estate 0 4a. Future Interest Compromise (date 01 death after 12-12-82) 0 5_ Federal Estate Tax Return Required "'(I: '" 00- 0 Wo 0 0 6. Decedent Died Testate (Attach copy of WI) 0 7. Decedent Maintained a Living Trust (Attach "py 01 Tru;I) 8. Total Number of Safe Depos~ Boxes :I: a: -' - 00- ell 0- 0 9. L~igation Proceeds Received 0 10. Spousal Poverty Credit (dale 01 deatl1 between 12-31-91 and 1-1-95) 0 11, Election to tax under See. 9113(A) (Attach Sell 0) <{ >- ml$i~~'l"IR':"~$J'!:i~j_~Il!'1'Il!P'.lI.J.!Li:Q~gQ_e'~pl!!jl:Ij~..~i.t.i.~_$~iE!e1~~_i.jll!jjn:: z NAME COMPLETE MAILING ADDRESS W 0 KENNETH H SHEIBLEY 1 12 ROUND RIDGE ROAD z 0 FIRM NAME (If Applicab,,) 0- MECHANICSBURG, PA 17055 <J) W (I: (I: TELEPHONE NUMBER 0 0 717 - 2 4 1 - 1242 1, Real Estate (Schedule A) (1) 0 pFFICIAL DSE ONLY :.::-:) TI':J 1 7 883 c~,., I , ;, 2. Stocks and Bonds (Schedule B) (2) , "> in--) -- en> 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 0 , , c. ) 0 - :7 , _.~.- " Mortgages & Notes Receivable (Schedule D) (4) 0 - C.F) :__::J 4. , , -, , C) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) 1 6 905 - 1"1 ..n , -n Z (Schedule E) c ,:"5 - ) ;--r1 0 6. Jointly O,vned Property (Schedule F) (6) 3 , 442 C) ~ 0 -- , Separate Billing Requested c..n ~ 7 Inter-\'\vos Transfers & Miscellaneous Non-Probate Property (7) 0 I- (Schedule G or L) c:: 8. Total Gross Assets (total Lines 1 - 7) (8) 3 8 23 0 <( , 0 9. Funeral Expenses & Adminislrative Costs (Schedule H) (9) 23 76 1 W , 0::: 10. Debts of Decedent, Mortgage Uabilrties, & Liens (Schedule I) (10) 43 5 11, Total Deductions (total Lines 9 & 10) (11) 24 , 196 12. Net Value of Estate (Line 8 minus Line 11) (12) 14 , 034 13- Charitable and Govemmental Bequests/See 9113 Trusts for which an election to tax has not been (13) 0 made (Schedule J) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 14 , 034 SEE INSTRUCTIONS FOR APPLICABLE RATES Z Amount of Line 0 15. 14 taxable at the spousal tax 034 ~ rate, or transfers under See. 9116 (a)(12) 14 , x .0 00 (15) 0 ~ 16 Amount of Line 14 taxable at lineal rate Decedent under 2 1 x .0_ (16) 0 ~ a. 17. Amount of Line 14 taxable at sibling rate Exempt x .12 (17) 0 ::E 0 18. Amount of Line 14 taxable at collateral rate X .15 (18) 0 0 ~ 19. Tax Due (19) 0 20 [ZJ 11;i;~_I$IF'i"~(_..F$$rt.~;~~ljlp;.!.iMM~'i"M~1 .<<, , :: ......~..~... ::.cc;;;i!.:j;j;j;j; .,;:<j;.. Decedent's Complete Address: STREET ADDRESS 112 ROUND RIDGE ROAD CITY MECHANICSBURG Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount STATE PA ZIP 17055 (1) o 450 3. InteresVPenalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) 450 TotallnteresVPenalty (D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) o 450 o A. Enter the interest on the tax due. (5A) B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B) Make Check Payable to: REGISTER OF WILLS, AGENT o PLEASE ANSWER THE FOLLOVVlNG QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Yes ..0 o o o o o contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 [XJ IF THE ANSWER TO AtN OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declae that I have examined this return, including accompanying schedules and statements, and to the best of my kn<1Nledge and belief, it is true, correct and complete. Decaration of preparer other than the personal representative is based on all inf . which preparer has any knowl ge. SIGN TUR PER 0 OR FILING RETU No ~ ~ ~ ~ ~ [Xl ADDRESS 112 ROUND RIDG SIGNATURE OF PREPARER OT PA 17055 DATE ADDRESS For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% [72 P.S. 99116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 99116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving 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 from a deceased child 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 0% [72 P.S. 99116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 99116(1.2) [72 P.S. 99116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. 99116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. STF PA42021F.2 RE\I-1503 EX + (1-97) (I) COMMO~LTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE B STOCKS & BONDS ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 All property jointlY-<lWl1ed with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION 1. 2 . 600 Shares Disney Co 209.985 Shr Merrill Lynch Global Tech Fund CL B VALUE AT DATE OF DEATH 16,422 1,461 SlFPA42021F.4 TOTAL (Also enter on line 2, Recapitulation) $ (If more space is needed, Insert additional sheets of the same size) 17,883 REV-1508 EX + (1-97) (I) CO'-'MONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 Include the proceeds of Irtigalion and the dale the proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 2. 3 . 4 . 5. 6. 7. Merrill Lynch Bank Deposit Program (mma) M&T Bank - checking account Penn State University - Tuition refund Penn State University - Deposit refund US Treasury - Federal income tax refund Personal property Allstate - Auto Insurance death benefit 339 630 5,335 100 501 7,500 2,500 STFPA42021F.9 TOTAL (Also enter on line 5, Recapitulation) $ (If more space IS needed, insert additional sheets of the same size) 16,905 REV-15Q9 EX + (1-97) (1) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE F JOINTLY -OWNED PROPERTY ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVMNG JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Kenneth H. Sheibley 112 Round Ridge Road Mechanicsburg, PA 17055 Father B. c. JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE Irdude name of finarcial institliion am bark aa::Ol.nt runber or similar identifying rn.mber. DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT Attach deed for joint~-he~ real eslate. VALUE OF ASSET INTEREST DECEDENTS INTEREST 1. A. 2002 97 Ford Explorer 6,884 50 3,442 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL (Also enter on line 6, Recapituiation) $ 3,442 ., (If more space IS needed, Insert additional sheets of the same size) SlFPA42021F.10 RE'..1511 EX + (1.97)(1) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 Debts of decedent must be reported on Schedule I. ITEM NUMBER A. 1. 2 . 3 . 4. 5. B. 1. 2. 3 4. 5. 6. 7. 8. 9. STFPA42021F.12 DESCRIPTION AMOUNT FUNERAL EXPENSES: Malpezzi Funeral Home Natures Harmony - Flowers Rolling Green Cemetery - Plot and burial St. Elizabeth Ann Seton Church - Funeral luncheon Rolling Green Cemetery - Marker 10,897 200 1,295 700 5,328 ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) I EIN Number of Personal Representative(s) Street Address City Year(s) Commission Paid: Attorney Fees Family Exemption: (~decedent's address is not the same as claimanfs, altacl1 explanation) Claimant Kenneth H. Sheibley Street Address 112 Round Ridge Road Crty Mechanicsburg State PA Relationship of Claimant to Decedent Fat he r State Zip 1,000 Zip 17055 3,500 Probate Fees 61 Accountant's Fees Tax Retum Preparer's Fees Unreimbursed towing, storage and shipping charges Additional probate fees Filing fee 705 60 15 TOTAL (Also enter on line 9, Recapitulation) $ 23,761 (If more space IS needed, Insert additional sheets of the same size) REV-1512 EX + (1-97) (I) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 Include unreimbursed medical expenses. ITEM NUMBER DESCRIPTION AMOUNT 1. 2 . Commonwealth of Pennsylvania - Income taxes Capital One Bank - Credit card balance 4 431 STFPA42021F.13 TOTAL (Also enter on line 10. Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 435 RE>J-1513 EX + (9-QO) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF SHEIBLEY, FRANCIS J FILE NUMBER 21-05-00023 RELATIONSHIP TO DECEDENT NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not list Trustee(s) I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] Kenneth H. Sheibley 1. 112 Round Ridge Road Mechanicsburg, PA 17055 Father 2. Patricia K. Sheibley 418 Candlewyck Road Camp Hill, PA 17011 Mother AMOUNT OR SHARE OF ESTATE 50% 50% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAl OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (If more space IS needed, Insert additional sheets of the same size) o STF PA42021 F.14