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HomeMy WebLinkAbout12-30-05 .~ \V 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 W C W () W C w !C( ~-tIl U II::~ W D-U xOO U II::...J D-lD D- oc( DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Frick Donald DATE OF DEATH (MM-DD-Year) E. OFFICIAL USE ONLY ,~ FILE NUMBER 1 C C~NTYC~DE - 0 YEAR5 - ~ lR- - SOCIAL SECURITY NUMBER 2 1 8 - 2 4 - 9 8 9 8 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER D 3. Remainder Retum (date of death prior to 12-13-82) D 5. Federal Estate Tax Retum Required Q... 8. Total Number of Safe Deposit Boxes D 11, Election to tax under Sec. 9113(A) (Attach Sch 0) DATE OF BIRTH (MM-DD-Year) 08/16/2005 08/19/1929 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) [Xl 1. Original Retum D 4. Limited Estate [Xl 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received D 2. Supplemental Retum o 4a. Future Interest Compromise (date of death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy ofTrusl) o 10. Spousal Poverty Credit (date of death between 12-31-91 and 1-1-95) PA 17257 OFFICIAL USE ONLY 216,445.96 72 ,481.49 351 ,210.83 j~ "'il .... z w c z o D- tIl W II:: II:: o U COMPLETE MAILING ADDRESS 49 W. Orange Street u I ,_,___J NAME H. Anthon Adams FIRM NAME (If Applicable) Suite 3 (8) 640,138.28 TELEPHONE NUMBER 717-532-3270 Shi 12,757.32 (11) (12) (13) 12,757.32 627,380.96 (1) (2) (3) (4) (5) z o !;i ~ :J l- ii: <( () w a::: 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) 6. Jointly Owned Property (Schedule F) (6) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) (14) 627,380.96 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) 13. Charitable and Govemmental 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) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o !;i I- :J a. :iE o () ~ I- 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X _(15) 627,380.96 X .045 (16) X .12 (17) X .15 (18) (19) 28,232.14 28,232.14 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate Decedent's Complete Address: STREET ADDRESS 510 Ridqe Road CITY I STATE I ZIP Shippensburg, PA 17257 Tax Payments and Credits: 1. Tax Due (Page 1 line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 28,232.14 26.500.00 1.325.00 Total Credits (A + B + C) (2) 27,825.00 3. Interest/Penalty if applicable D. Interest E. Penalty 4. Total Interest/Penalty ( D + E) 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 If Line 1 + line 3 is greater than line 2, enter the difference. This is the TAX DUE. (3) A. Enter the interest on the tax due. (4) (5) (5A) B. Enter the total of line 5 + 5A. This is the BALANCE DUE. (5B) Make Check Payable to: REGISTER OF WILLS, AGENT 0.00 407.14 5. 407.14 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 00 b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 00 c. retain a reversionary interest; or ...................................................................................................... 0 00 d. receive the promise for life of either payments, benefits or care? ............................................................. 0 00 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?............................................................................................... 0 00 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ................. 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... 0 00 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. ADDRESS' sf- /;)5 "/ For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value [72 P.S. ~9116 (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. ~9116 (a) (1.1) (ii)l. 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. ~9116(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. ~9116(1.2) [72 P.S. ~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. REV-1507 EX + (6-98) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE D MORTGAGES & NOTES RECEIVABLE ESTATE OF Frick FilE NUMBER Donald E. All property jointly-owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION Mortgage Note from C&D Properties, LLC dated November 16,2001 VALUE AT DATE OF DEATH 119,446.69 2. Mortgage Note from C&D Properties, LLC dated December 12, 1996 96,999.27 TOTAL (Also enter on line 4, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 216,445.96 REV-1508 EX + (6-98) . SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frick Dona~ FILE NUMBER E. Include the proceeds of litigation 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 1. DESCRIPTION Citizens Bank checking account #060-000-0000-6203665731 VALUE AT DATE OF DEATH 6,875.87 2. 2004 Toyota Corolla 12,250.00 3. Security Benefit Annuity #7053003696 53,355.62 TOTAL (Also enter on line 5, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 72,481.49 REV-1509 EX + (6-96) '* SCHEDULE F JOINTLY-OWNED PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frick FILE NUMBER Donald E. If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Bruce I. Frick 510 Ridge Road Shippensburg, PA 17257 son B c JOINTL Y.OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECD'S VALUE OF NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. 2002 T. Rowe Price Account #30A584116 33,392.87 50. 16,696.44 2. A. 1 0/04 T. Rowe Price Growth Fund Account #670705479-3 5,166.03 50. 2,583.02 3. A. 1 0/03 Citizens Bank Money Market Account #060-000-0000-620 418,976.57 50. 209,488.29 4. A. 3/12/03 Citizens Bank Certificate of Deposit 101,135.48 50. 50,567.74 #00006241049661 5. A. 3/12/03 Citizens Bank Certificate of Deposit 101,173.83 50. 50,586.92 #00006241049890 6. A. 12/02 Fidelity Service Bond Fund #12288688 42,576.84 50. 21,288.42 TOTAL (Also enter on line 6, Recapitulation) $ 351,210.83 .. (If more space is needed, Insert additional sheets of the same size) REV-1511 EX + (12-99) . COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frick Donald E. FILE NUMBER SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Fogelsanger-Bricker Funeral Home 7,646.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees H. Anthony Adams 1,200.00 3. Family Exemption: (If decedenfs address is not the same as claimant's, attach explanation) 3,500.00 Claimant Bruce I. Frick Street Address 510 Ridge Road City Shippensburg State PA Zip 17257 Relationship of Claimant to Decedent son 4. Probate Fees 321.00 5. Accountanfs Fees 6. Tax Return Preparer's Fees 7. VA (last illness) 36.00 8. VA (last illness) 54.32 TOTAL (Also enter on line 9, Recapitulation) $ 12,757.32 (If more space is needed, insert addiltonal sheets of the same size) '~~M~'"'' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Frick Donald SCHEDULE J BENEFICIARIES FILE NUMBER RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE 1. TAXABLE DISTRIBUTIONS pnclude outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Bruce I. Frick lineal 100% 510 Ridge Road Shippensburg, PA 17257 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 $ .. E (If more space is needed, insert additional sheets of the same size) 1- · . COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT FRICK BRUCE I 510 RIDGE ROAD SHIPPENSBURG, PA 17257 u_nn_ fold ESTATE INFORMATION: SSN: 218-24-9898 FILE NUMBER: 2105-0779 DECEDENT NAME: FRICK DONALD E DATE OF PAYMENT: 12/30/2005 POSTMARK DATE: 1 2/30/2005 COUNTY: CUMBERLAND DATE OF DEATH: 08/16/2005 REMARKS: B I FRICK CHECK# 1242 SEAL ACN ASSESSMENT CONTROL NUMBER 101 TOTAL AMOUNT PAID: INITIALS: VZ RECEIVED BY: REGISTER OF WILLS REV-1162 EX(11-96) NO. CD 006164 AMOUNT $407.14 $407.14 GLENDA FARNER STRASBAUGH REGISTER OF WILLS