HomeMy WebLinkAbout07-18-79
LAw OFFICES
ARNOLD, SLIKE & BAYLEY
JAMES K. ARNOLD
JOHN E. SLIKE
EDGAR B. BAYLEY
2109 MARKET STREET
P. O. BOX Z3Z
CAMP HILL, PENNSYLVANIA lZ011
HARRISBURG
?3? - 3405
AREA CODE 'l'lZ
July 18, 1979
Mrs. Gloria J. Richard
Inheritance Tax Appraiser
R. D. #1
Landisburg, PA 17040
Re: Estate of Thelma E. Boody
File No. 21-78-0497
DOD 8-29-78
Dear Mrs. Richard:
We have received your letter in the above-captioned
matter and according to our files no tax is due.
The value of the estate was $24,047.71, of which
$20,615.32 passed to a son, and of which $3,432.29 was
jointly held property which survived to a sister. From the
gross estate were deductible debts and deductions excluding
a mobile home debt attributable to jointly held property,
which debts and deductions were S5~229.66~ This left a net
estate of $18,818.05, of which $15,385.66 went to a son and
was taxable at 6% for tax in the amount of $923.14.
The remaining -S3, 432.39- survived to a sister, but from
that was deducted 50% of an outstanding installment loan on
it in the amount of $1858.96, leaving a net taxable estate
to the sister of $1573.43, upon which tax at 15% was $236.01.
Tax therefore totaled $1,159.15, all of which was paid
within nine months from the date of death, the last payment
having been made March 15, 1979.
Very truly yours,
ARNOLD, SLIKE & BAYLEY
~'~
JKA/Mc
cc: Mr. William Boody