The URL can be used to link to this page

Home My WebLink About11-14-05 (3) 'BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG, PA 17128-060f:-' -\'- COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE .. r: :~ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE ESTATE OF DATE OF DEATH FILE NO. COUNTY ACN (, ,', \,' :.:.. 11-8-2005 Helen E. Smith 12-23-2004 2105-0791 Cumberland 101 REV-1547 EX (06-ll51 PC Elyse E. RogerS, Esq. Keefer Wood Allen & Rahal, LLP 415 Fallowfield Road, Suite 301 Camp Hill Pa 17011 Appeal Date: (See reverse side under Objections) Amount Remitted I I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: Register of Wills Cumberland County Courthouse Carlisle, PA 17013 CUT ALONG THIS LINE c> RETAIN LOWER PORTION FOR YOUR RECORDS ~ ,- REv:15~(i E>((06-0sf PC - - - - - - - - - - - - - -Notic-E- b-F -INi.[ERff A-NCE- TAj{ AP-PRAis-EME-NT~ - A-LLOWAN"CI:- OR - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX Helen E. Smith FILE NO. 2105-0791 ACN 101 DATE 11-8-2005 TAX RETURN WAS: (D) ACCEPTED AS FILED (~) CHANGED see attached RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN ESTATE OF 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3, Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/ Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 11,867.56 10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 1,458.00 11. Total Deductions (11) 13,325.56 12. Net Value ofTax Return (12) 749,037.72 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) 0.00 14. Net Value of Estate Subject to Tax (14) 749,037.72 NOTE: If an assessment was issued previously, lines 14, 15 and/or 16,17 and 18 will reflect figures that include the total of ALL returns assessed to date. (1 ) (2) (3) (4) (5) (6) (7) 0.00 0.00 0.00 0.00 356.00 22,402.42 739,604.86 (8) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 762,363.28 ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate 16. Amount of Line 14 taxable at Lineal/Class A rate 17. Amount of Line 14 taxable at Sibling rate 18. Amount of Line 14 taxable at Collateral/Class B rate 19. Principal Tax Due TAX CREDITS: (15) X .00 (16) 127,127.55 X .045 5,720.74 (17) X .12 (18) X .15 (19) 5,720.74 PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 8-30-2005 CD005758 5,720.74 TOTAL TAX CREDIT 5,720.74 BALANCE OF TAX DUE 0.00 INTEREST 0.00 TOTAL DUE 0.00 . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. (IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A CREDIT (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) pt REV-1470 EX (6-88) '* INHERITANCE TAX EXPLANATION OF CHANGES COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES PO Box. 280601 HARRISBURG PA 17128-0601 DECEDENTS NAME Helen E. Smith FILE NUMBER Harry A. Herr ACN 2105-0791 101 REVIEWED BY SCHEDULE ITEM NO. EXPLANATION OF CHANGES The tax due on all current interests is reflected on the attached Inheritance Tax Assessment. The tax due on all future interest uncertainties is covered on the attached compromise tax assessment,(ACN 102). ROW Page 1 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES PO Box 280601 HARRISBURG, PA 17128-0601 11-8-2005 Telephone 717783-6070 Elyse E. Rogers, Esq. Keefer Wood Allen & Rahal, LLP 415 Fallowfield Road, Suite 301 Camp Hill, Pa 17011 Re: Estate of Helen E. Smith File Number 2105-0791 Date of Death: 12-23-2004 Dear Ms. Rogers,: Enclosed is a "Notice of Inheritance Tax Appraisement, Allowance or Disallowance of Deductions and Assessment of Tax," (REV-1547 EX), ACN 101 establishing the tax applicable to all present interests in the above estate. Also enclosed is a "Notice of Inheritance Tax Appraisement, Allowance or Disallowance of Deductions and Assessment of Tax," (REV-1547 EX), ACN 102 establishing the tax applicable to future interests where the rate of tax is uncertain. Based on the provisions of the above decedent's Will, Deed of Trust and the information reported on Schedule M by the estate representative, the Department concurs with the estate representative's compromise proposal, and the tax on the future interests have been assessed as shown on the ACN 102 assessment notice. All existing inheritance and/or estate tax payments have been appropriately applied. Any changes which become necessary as a result of a protest decision or an order of court will be reflected in adjustments to both ACN 101 and ACN 102. Please contact me at the telephone number above if you have any questions. Sincerely, ~~a,#~ Har~Herr Trust Valuation Specialist Inheritance Tax Division Enclosure , . 'BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG, PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE Elyse E. Rogers, Esq. Keefer Wood Allen & Rahal, LLP 415 Fallowfield Road, Suite 301 Camp Hill Pa 17011 NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE ESTATE OF DATE OF DEATH FILE NO. COUNTY ACN 11-8-2005 Helen E. Smith 12-23-2004 2105-0791 Cumberland 102 REV-1547 EX (06-ll5) PC Appeal Date: (See reverse side under Objections) Amount Remitted I I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: Register of Wills Cumberland County Courthouse Carlisle, PA 17013 CUT ALONG THIS LINE Q RETAIN LOWER PORTION FOR YOUR RECORDS ~ . - REv~15~fi ex-(li6-lfsypc - - - - - - - - - - - - - -Notit-Er (iF -fNj:.IERfi A-NCE( TAX AP-PRAiS-EME(Nt~ - A-cLOWANCE- OR - - - - - - - - - - - - - - - - - - - - - _ _ _ _ _ _ _ _ _ __ DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX Helen E. Smith FILE NO. 2105-0791 ACN 102 TAX RETURN WAS: (0) ACCEPTED AS FILED (0) CHANGED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN ESTATE OF DATE 11-8-2005 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/ Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (9) 0.00 10. Debts/Mortgage Liabilities/Liens (Schedule I) (10) 0.00 11. Total Deductions (11) 0.00 12. Net Value ofTax Return (12) 621 ,91 0.17 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) 0.00 14. Net Value of Estate Subject to Tax (14) 621 ,91 0.17 NOTE: If an assessment was issued previously, lines 14, 15 and/or 16,17 and 18 will reflect figures that include the total of ALL returns assessed to date. (1 ) (2) (3) (4) (5) (6) (7) 0.00 0.00 0.00 0.00 0.00 0.00 621,910.17 (8) NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. 621,910.17 ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate 16. Amount of Line 14 taxable at Lineal/Class A rate 17. Amount of Line 14 taxable at Sibling rate 18. Amount of Line 14 taxable at Collateral/Class B rate 19. Principal Tax Due TAX CREDITS: (15) X .00 (16) 621,910.17 X .045 27,985.96 (17) X .12 (18) X .15 (19) 27,985.96 PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID H 8-30-2005 CD005758 27,985.96 TOTAL TAX CREDIT 27,985.96 BALANCE OF TAX DUE 0.00 INTEREST 0.00 TOTAL DUE 0.00 IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. (IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A CREDIT (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) pt.