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HomeMy WebLinkAbout10-21-05 REV-1500 EX + (6.00) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT I- Z UJ Cl UJ U UJ Cl DECEDENTS NAME (lAST, FIRST, AND MIDDLE INITIAL) Parker, Charles DATE OF DEATH (MM-DD- YEAR) r DATE OF BIRTH (MM-DD- YEAR) 04-27-2005 12-10-1918 (IF- .il,PPLlCABLEj SURVIVING SPOUSE'S NAME (LAST, FIRST AND MIDDLE INITIAL) W~'1~1' ~ ~ ~ [-J 4. frl~g .. ~g:~ [~J6 "- "" [] 9, Limited Estate o o 4a 07 o 10, Future Interest Compromise (date of death after 12.12-82) Decedent Maintained a Living Trust (Attach copy of Trust) Spousal Poverty Credit (date of death between 12.31-91 and 1-1-95) Original Return 2, Supplemental Return Decedent Died Testate (Attach COpy of Will) Litigation Proceeds Received .... z w o z o "- "' w cr cr o u o ",Electian to tax under Sec_ 9113(A) (A1tach Soh 0) NAME Richard L Webber, Jr., Esquire FIRM NAME (If applicable) Weigle & Associates, P.C. TELEPHONE NUMBER 717-532-7388 1, Real Estate (Schedule A) 2, Stocks and Bonds (Schedule B) 3, Closely Held Corporation, Partnership or Sole-Proprietorship 4, Mortgages & Notes Receivable (Schedule D) 5, Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) z 6, Jointly Owned Property (Schedule F) g 0 Separate Billing Requested :5 7, Inter-Vivos Transfers & Miscellaneous Non-Probate Property ~ (Schedule G or L) 0 Separate Billing Requested ~ 8. Total Gross Assets (total Lines 1-7) ~ 9, Funeral Expenses & Administrative Costs (Schedule H) c:: 10. Debts of Decedent, Mortgage liabilities, & Liens (Schedule I) 11_ Total Deductions (total Lines 9 & 10) 12, Net Value of Estate (Line 8 minus Line 11) J OFFICiAL USE ONLY FILE NUMBER II Q.i 0610 COUNTY CODE YEAR_ NUMBER SOCIAL SECURITY NUMBER 418-14-6652 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS I u n o SOCIAL SECURITY NUMBER 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 8. Total Number of Safe Deposit Boxes COMPLETE MAILING ADDRESS 126 East King Street Shippensburg, PA 17257 (1 ) 25,000.00 OFFICIAL USE ONLY .-, J (2) None ~l I (3) None (4) None (5) 3,550.00 (6) 25,436.94 (7) None (8) 53,986.94 (9) 8,587.75 -- (10) 1,046.99 13, Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) 14, Net Value Subject to Tax (Line 12 minus Line 13) z o ;::: <( f- => a. :;; Cl u ~ I- 15,Amount of Line 14 taxable at the spousal tax rate, or transfers under See, 9116(a)(1 ,2) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 0.00 16,Amount of Line 14 taxable at lineal rate 17, Amount of Line 14 taxable at sibiing rate 18, Amount of Line 14 taxable at collateral rate 19. Tax Due 44,352.20 0.00 0.00 (11) 9,634.74 (12) 44,352.20 (13) 0.00 (14) 44,352.20 -- x .00 (15) 0.00 ------ x .045 (16) 1,995.85 x .12 (17) 0.00 x .15 (18) 0.00 (19) 1,995.85 "'''''BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND ~ECHECK MATH<< , Copyright 2002 form software only The Lackner Group, Inc. - Form REV-1500 EX (Rev. ~ . Decedent's Complete Address: STREET ADDRESS 11 Brookside Avenue Shippensburg Township ~-PA TZIP 17257 CITY Shippensburg Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 1,995.85 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) 0.00 Total Interest/Penalty (0 + E) 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 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + SA. This is the BALANCE DU E. (3) (4) (5) (SA) (5B) 1,995.85 1,995.85 Make Check Payable to: REGISTER OF WILLS, AGENT No D 0 D ~ lJ 0 o I!J o 0 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... D ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation?.............................................. ...................................................... ................ [J 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, r declare that I have examined this relurn, including accompanying schedules and statements, and to the best of my knowledge and belief. il is true. correct and complete. Declaration of preparer other than the personal representative is based on aU information of which preparer h<ls any knowle~ge SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Cynt ia L. Sims.. it t . ~"'4- . ~. _~ OF PERSON RESPO ISLE FoR: FILl RETURN ADDRESS 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;....... ..................... ......................... ........................... b. retain the right to designate who shall use the property transferred or its income;.......... ......................... c. retain a reversionary interest; or..................................................................... ........................... ................ d. receive the promise for life of either payments, benefits or care?.............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.... ...... ..... ......... ............................. ............... ............... ... ...................... ..... PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Yes DATE P.O. Box 1512 Louisa, VA 23093 ( <7 ()do)~ DATE DA~ 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 Lise of the surviving spouse is 0% [72 P.S. \)9116 (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 return 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. \)9116 (a) (1.2)J. 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 PS \)9116 (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. \)9116 (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. . I Rev.1502 EX+ (6-9B) SCHEDULE A REAL ESTATE COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Parker, Charles FILE NUMBER 21-05-0610 ESTATE OF All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sen, both having reasonable knowledge of the relevant facts Real property which is jointly-owned with right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Real Estate located in Shippensburg Township Cumberland County, being a lot containing fifty feet in width and known as 11 Brookside Avenue, Shippensburg, PA 17257, more fully described in Deed Book N-24, at Page 791 of the records of the Recorder of Deeds of Cumberland County, Pennsylvania 25.000.00 TOTAL (Also enter on Line 1, Recapitulation) 25,000.00 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule A (Rev. 6-98) - Rev-150B EX+ {6~98} SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECFDENT Parker, Charles FILE NUMBER 21-05-0610 ESTATE OF Include the proceeds of litigation and the date the proceeds were received by the estate, All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 1972 Mobile Home - Title #23951065302 CY VALUE AT DATE OF DEATH 1,550.00 2 1998 VW Jetta Motor Vehicle VIN #3VWSA81H4WM239823 2.000.00 TOTAL (Also enter on Line 5, Recapitulation) 3,550.00 (It more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) Rcv-1509 EX+ (6-98) SCHEDULE F JOINTLY-OWNED PROPERTY COMMONWEALTH OF PENNSYlVANIA INHERITANCE TAX RETURN RESIDENT DECEOENl If an asset was made joint within one year of the decedent's date of death, it must be reported on schedule G. FILE NUMBER 21-05-0610 ESTATE OF Parker, Charles SURVIVING JOINT TENANT(S) NAME A. Cynthia L. Sims ADDRESS RELATIONSHIP TO DECEDENT PO Box 1512 Louisa, VA 23093 Daughter B. C. JOINTLY OWNED PROPERTY: DESCRIPTION OF PROPERTY 'Io0F OA TE OF DEATH LETTER DATE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEATH ITEM FOR JOINT MADE DE CD'S VALUE OF NUMBER TENANT JOINT NUMBER OR SIMILAR IDENTIFYJNG NUMBER. A TT ACH DEED FOR VALUE OF ASSET INTEREST DECEDENT'S INTEREST JOINTLY-HELD REAL ESTATE. 1 M&T Bank #15004205412733 - Joint 50.826.13 50.000% 25.413.07 Checking Account 2 M&T Bank #15004205412733 - Accrued 47.74 50.000% 23.87 interest TOTAL (Also enter on Line 6, Recapitulation) 25.436.94 (If nlore space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule F (Rev. 6-98) . Rev-1502 EX+ (6-98) SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA !NHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Parker, Charles FILE NUMBER 21-05-0610 ITEM NUMBER DESCRIPTION AMOUNT 1 Fogelsanger-Bricker Funeral Home, Inc. 6,230.00 Subtotal 6.230.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) - REV-1151 EX_ (12-99) SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Parker, Charles FILE NUMBER 21-05-0610 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER A. FUNERAL EXPENSES: See continuation schedule(s) attached 6,230.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) I EIN Number of Personal Representative(s): Street Address City State Zip Year(s) Commission paid 2. Attorney's Fees 2,000.00 See continuation schedule(s) attached 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Ciaimant to Decedent 4. Probate Fees 76.00 See continuation schedule(s) attached 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 281.75 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 8,587.75 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1502 EX+ (6-98) SCHEDULE H-B2 ATTORNEY'S FEES continued COMMONWEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECFOENT ESTATE OF Parker, Charles FILE NUMBER 21-05-0610 ITEM NUMBER DESCRIPTION AMOUNT 1 Weigle & Associates, P.C. 2,000.00 Subtotal 2.000.00 Copyright (e) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B2 (Rev. 6-98) Rev.1502 EX+ (6.98) SCHEDULE H-B4 PROBATE FEES continued COMMONWEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT Parker, Charles FILE NUMBER 21-05-0610 ESTATE OF ITEM NUMBER DESCRIPTION AMOUNT 1 Cumberland County Register of Wills 76.00 Subtotal 76.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA.1500 Schedule H-B4 (Rev. 6-98) Rev.1502 EX+ (6-98) SCHEDU LE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Parker, Charles FILE NUMBER 21-05-0610 ITEM NUMBER DESCRIPTION AMOUNT 1 Cumberland County Register of Wills - Short Certificates 4.00 2 Cumberland County Register of Wills - Filing fee for inheritance tax return 15.00 3 Cumberland Law Journal - Legal Advertisement 75.00 4 PennDot - Motor Vehicle Transfer Fees 22.50 5 Penn Dot - Motor Vehicle Transfer Fees 22.50 6 Sollenberger's Messenger Service - Fee for Transfer of Title 25.00 7 Sollenbergers Messenger Service - Fee for transfer of Title 25.00 8 The News-Chronicle - Legal Advertisement 92.75 Subtotal 281.75 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev-1512 EX+ (6-98) SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEAlTH OF PENNSYLVANIA INHERI r ANCE TAX RETURN RESIDENT DECEDENT Parker, Charles FILE NUMBER 21-05-0610 ESTATE OF Include unreimbursed medical expenses_ ITEM NUMBER DESCRIPTION 1 Borough of Shippensburg - Water/Refuse/Recycling VALUE AT DATE OF DEATH 37.60 2 Borough of Shippensburg - Water/Refuse/Recycling 37.60 3 Cumberland Franklin Joint Municipal Authority - Sewer Bill 78.00 4 Cumberland Franklin Joint Municipal Authority - Sewer Bill 78.00 5 Foremost Insurance - Fire Insurance for Mobile Home 284.00 6 Oil Bill 327.00 7 Penelec - Electric Bill 50.00 8 Penelec - Electric Bill 25.59 9 Penelec - Electric Bill 32.00 10 Sprint - Telephone Bill 37.60 11 WSI 59.60 TOTAL (Also enter on Line 10, Recapitulation) 1,046.99 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV 1513 EX+ (9.00) , SCHEDULE J COMMONWEAL TH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Parker, Charles 21-05-0610 NAME AND ADDRESS OF RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER PERSON(S) RECEIVING PROPERTY DECEDENT (Words) ($$$) Do Not List Trustee(s) I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)] 1 Cynthia L Sims Daughter One Hundred 44,499.80 PO Box 1512 Percent Louisa, VA 23093 Total 44,499.80 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 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) FacetWin Screen Print for recdeeds, from "CAMA_Login" 8/8/2005 10:51:26 AM DISTRICT: 36 - SHIPPENSBURG TOWNSHIP SD: CUMBERLAND COUNTY ASSESSMENT OFFICE 2004 BASEYEAR CONTROL # 36000511 NEIGHBORHOOD: 3600 I I IShort Name ILAST NAME IFIRST NAME Ic/o NAME I ADDRESS 1 IADDRESS2 IPOST OFFICE: iSTATE & ZIP: I 7 PARCEL: 36-33-1869-025. SPEC ID: LOT: Tback: PARKER, CHARLES PARKER CHARLES PROPERTY TYPE: RT 11 BROOKSIDE AVENUE '--" I I I I I I SALES DEED BK/PG..... DATE OF SALE... SELLING PRICE: SHIPPENSBURG PA 17257 Situs: 11 BROOKSIDE AVENUE I CURRENT VALUES I Prop Descrip.: J Assessed Fair Market L, LAND DESC: LAND FMV - 26550 L - 25000 I LAND USE TYPE: 108 C&G - B - 1550 I DEEDED ACRES: .27 approved? -> T - 26550 I Screen 1 Number -Switch Down Arrow -Next Enter Selection > Screens, X -Exit, J -Jump Mode, Entry, Up Arrow -Previous Entry, Record: F -Forms, I ? -Screensl 58393 -Image B -Browse FmM&rBank 499 Mitchell Street, Millsboro, DE 19966 August 3, 2005 Weigle & Associates, P.C. Attomeys at Law 126 East King Street Shippensburg, PA 17257-1397 RE: Estate of Charles Parker Date of Death: April 27, 2005 Social Security Number: 418-14-6652 Dear Mr. Webber: In response to your request, please be advised that at the time of death, the above- named decedent had on deposit with this bank the following accounts. 1. Account Type.. ......... ....... ......... Savings Account Account Number.................... ... 15004205412733 Ownership (Names of}.............. Charles Parker, Cynthia L. Sims Opening Date.......................... .02/04/04 Balance on Date of Death....... ..$50,826.13 Accrued Interest $ 47.74 Total................................... ....$50,873.87 The above named decedent did not have a safe deposit box with this bank. For any additional information on this account please contact our King Street branch at 717-532-4132. Sincerely, O~ti[nQJ tJ-vt[;V~/U Charlene Warrington, Records Management 1-888-502-4349