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HomeMy WebLinkAbout11-29-05 OFFICIAL USE ONLY REV.,500 EX l,MOl ~.. . COMMONWEALTH OF ,... . ^ PENNSYLVANIA ...'" .., : .~.. DEPARTMENT OF REVENUE " ...;~ 'Y. DEPT. 280601 .; . ~ HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ~L-n5- CaUNTY CODE YEAR o ~ 5'1-_ ~'UMBe< ~ Z W o W o W C DECEDENrs NAME (LAST. FiRST, AND MIDm.E INITiAL) Farrell Betty J. SOCIA:. SECURITY NUMBER 172-24-8081 THIS RETURN MUST BE FILED IN DUPUCATE WITH THE REGISTER OF WILLS DATE OF DEATH (MM-GD.YEAR) 03/13/05 D,41"E OF 81RrH (MM-DG.YEAR) 12/16/31 SOCl<\L SECURITY NUMBER (IF APPLiCA8LE) SURVIVING SPOUSE'S f-{,\.ME (LAST, FIRST. AND MIDDLE INITIAL) II,; !-. lIl:::$w oD:lIl:: wD.("l ~co vfiil Il. <( l~J 1. Original Return D 4. Limited Estate l~~~] 6. Decedent Died Testate (Attach copy 01 WIll) [J 9. Litigation Proceeds Received [J 2. Supplemental Return [J 4a. Future Interest Compromise (do1& of d88tt18ft", 12.12-82) [~.'.1 7. Decedent Maintained a Living Trust (Attach copy ofTrus1) C! 10. Spousal Poverty Credit (data ofd8at11betwaan 12-31-91800 1-1-95) CJ 3. Remainder Return (do1& of d8at11 pdorto 12-13-82) n 5. Federal Estate Tax Return Required ........... 8. Total N umber of Safe Depos~ Boxes L___j 11. Election to tax under Sec. 9113(A) (Attach SchO) !'i w ~ ~ (/) II.) a:: D: o ("l .'.T....$l;C~.MQ$t..~..t'<*~l>,.~I.;..C~a;$l~tlQl(:~.AlIItl.t.~Il>a;l(Iti~'rAJ(.1I!I_A~..~..~.tl~~l>..f4: NAME COMPLETE MAILING ADDRESS Brian L. Farrell 19 Fortuna Ln. FIRM NAME (II AppIc8b18) Enola, P A 17025 TELEPHONE NUMBER (717) 732-6225 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 Properly (Schedule E) 6. ~Q~~~Y CAoIned Properly (Schedule F) U Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probata Properly (Schedule G or L) 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) 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) 13. Char~ble and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) z o ~ ::;) ~ ii: < u w ~ 14. Net Value Subject to Tax (Line 12 minus Line 13) 115,000.00 ..... ----..........-----.......,-----.. OFFICIAL USE ONLY r--,~-,- ~ {%-J V ~ -r, p C ~ iL \J.~ f -Sl r ~ ~ ~- l g ~. ~ ~ "\ ~'F (1) (2) (3) (4) (5) 688.83 (6) (7) (9) (10) (8)___.._________________________.._.._______...._...__~_!~~~~_:~.______ ..___..__.._____......_______m.....m________......~_~~~~_~:_~.?...._..... ..---_......-----_..._.._--------------...------..--.._.?!?~.?:_~_!.....----_. (11) (12) (13) 16,587.68 99,101.15 (14) ___........____________.._____________..__..______.._._..~~_'_~_~_~.:_~.~..____ SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o ~ ~ :) Q. :E o o >< ~ 15. Amount of Line 14 taxable at the spousal tax rata, or transfers under See. 9116 (a)(1.2) x .0_ (15) 99,101.15 x.O ~ (16) 16. Amount of Line 14 taxable at lineal rata 17. Amount of Line 14 taxable at sibling rate 4,459.55 x .12 (17) .....................___________..._._____________.....________....____________...._ x .15 (18) WN_-_-_-_-.-_-_-_w:_-,_-_-'_~_'wmm_-_-'_w_w.w_-_,,,w.-_w_-_-_w_-_-,_w_w~"w_-_-_-_-_w_" (19) _________..___m_m.._.._m_____..___.....______...m_..~A_~~,_~~_m.. 18. Amount of Line 14 taxable at collateral rate 19. Tax Due CHECK HERE tF YOU ARE REQUESTING A REFUND Of AN OVERPAYMENT 20. L.___] .............................;i>..:i'.~.'l'QM~Ay,.Q'*.~4~~....~..~~($.~T'...*.(...... Decedent's Complete Address: STREET ADDRESS 4719-A Charles Rd CITY M h . b I STATEpA T ZIP 17050 ee ames urg Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 4,459.55 Total Credits (A + B + C ) (2) 3. InteresVPenalty if applicable D. Interest E. Penalty 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) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (5) (SA) (5B) 4,459.55 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 lax due. 4,459.55 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;.......................................................................................... 0 [KJ b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 [KJ c. retain a reversionary interest; or.......................................................................................................................... 0 [iJ d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [KJ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 [KJ 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 ~ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ 0 [KJ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. / DATE -;;)7. ?15 ADDRESS /1 roR,UiJA SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE E:flJ>LA) PA i 7lJ:;:z5 DATE ADDRESS For dates of death GIl Gr after Juiy 1, 1994 and befl:re Janliary 1, 1995, the t~x rale impm;ed on the net value of Iransfers tG Gr for the use nf tile surviving !.pouse is 3% [72 ES. ~9116 (a) (1.'1) (i)]. Fer dales of dmith nn er ailE!r Jamiari 1, 1995, the ta~ ratE; imposed on the roet value of lransfers 10 or for Ihe use nf the surviving spouse :s 0% [72 P.S ~911f) (a) (1.1) (ii)]. The statute does rol:t eXem!l! a lranl.fer io ;~ surviving spouse from tax, and the staiutory requirements ror diseit:sure of assets and filing a tlX return are stili applicable even if tile surv:ving spouse is the only benericiary. For cates of death an or after Ju!y 1, 2000 The tax raie imposed on !tie nei vaillE! of transfers fmm a deceased chiid I'N,mty.one YE!ars of agE; or younger at dE!ath 10 or fer the USE! of a natural parent, afl adoptive parent, or a stepparent of the dliid :s 0% [72 P.S. 991:6(a)(1.2i]. The tax rale ,mposed en the nel value eftransfers 10 or forthe use of tlle decedent's lineal benefiCiaries is 4.5%, except as noleCl in 72 PS. ~9116(12) [72 PS. ~91Hi(a)(1il TIle taJt rate impC)!;ed cm the net value or h~lllsrers II: or fll!' the use of Ihe (jecedenfs sibl:lvJs is 12% [72 P.S ~911f)(a)(1.3)j. A sibiiflg is defined, under Section 9102, as an individual who has at least olle parent in corml":ol1 witrl trle decadent. \'\11ell1ar by biood or adop~oll. REV-1502 EX+ (6-9* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF Betty J. Farrell All real property owned solely or as a tenant in common must be reported at fair merket 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 sell, both having reasonable knowledge of the relevant facts. Real property w1hich is jointly_ned with right of survivorship must be disclosed on Schedule F. FILE NUMBER ITEM NUMBER 1. DESCRIPTION 4719-A Charles Rd. Mechanicsburg, PA 17050 VALUE AT DATE OF DEATH 115,000.00 TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets ofthe same size) 115,000.00 RE\i-1508 EX+ (6-98) SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Betty J. Farrell FILE NUMBER Include the proceeds of I~igation and the date the proceeds were received by the estate. All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 Members 1st Federal Credit Union - Savings 51.15 3 Proceeds from sale of personal property at garagelyard sale 437.68 200.00 2 SamErChecking TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 688.83 REV-1511 EX+ (12-99)W COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAl EXPENSES & ADMINISTRATIVE COSTS ESTATE OF Betty J. Farrell FILE NUMBER Debts of decedent must be reported on Schedule I. ITEM NUMBER A. DESCRIPTION AMOUNT 2 3 FUNERAL EXPENSES: Sullivan Funeral Home James R. Gingrich Memorials - engraving of headstone Karen Waltersdorff - flowers, cake, food, refreshments Salem United Church - burial 8,126.00 95.00 348.87 650.00 1. 4 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s)IEIN Number of Personal Representative(s) Street Address City State Zip Yeer(s) Commission Paid: 2. Attorney Fees 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Add ress City State .Zip Relationship of Claimant to Decedent 4. Probate Fees 260.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Intercounty land Transfer - settlement charges 4,570.00 TOTAL (Also enter on line 9, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 14,049.87 REV:1512 EX+ (12-03) . SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Betty J. Farrell Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unrelmbursed medical expanses. ITEM VALUE AT DATE NUMBER DESCRIPTiON OF DEATH FILE NUMBER 2 3 Boscov's - charge 306.68 385.67 89.00 311.95 1. Walmart - charge Pennsylvania American Water 4 PPL Utilities St. Mark's Condo Assoc. - association fees 49.42 5 Verizon 6 510.00 7 Hampden Twp. - sewer/trash 230.00 9 Earthlink 440.25 9.95 8 Marie Huber, Tax Collector 10 Comcast 10.54 11 Donegal Mutual Insurance - auto insurance 99.00 12 Carpet Care Solutions - clean carpet for sale of home 95.35 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 2,537.81 REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONWEAlTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Betty J. Farrell FILE NUMBER NUMBER [ NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions. and transfers under Sec. 9116 (a) (1.2)] Dennis P. Farrell 52 Hirooka Hosoecho Inasagun Shizoukaken, Japan RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE 1 Son 24,775.29 2 Karen M. Waltersdorff 727 Sinclair Rd. Mechanicsburg, PA 17055 Daughter 24,775.29 3 Wendy J. Dews 100 Wayne Ave. New Cumberland, PA 17070 Daughter 24,775.29 4 Brian L. Farrell 19 Fortuna Ln. Enola, PA 17025 Son 24,775.28 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE. ON REV-1500 COVER SHEET IT 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 (If more space is needed, insert additional sheets of the same size) . -----..-- ~ Due. dloO 00 F 'Pel c9 I 0 e':lO ~PD 50 QO q.GA v (~~d) _"""_'""_ I _""""",c,,,._,