HomeMy WebLinkAbout01-05-06
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KELLER FINANCIAL GROUP
17 E. HIGH STREET · SUITE 103
CARLISLE, PA 17013
(717) 24~-8553
FAX (717) 243HD577
January 4, 2006
Cumberland County Register of Wills
1 Courthouse'Square
Carlisle, PA 17013
Re: Estate of Kurt Schneider, deceased
Date of Death: 04-08-05
Dear Sir or Madam:
Enclosed are two copies of REV-1500 Inheritance Tax Return concerning the
above-captioned matter, as well as a check in the amount of $15.00 representing
the filing fee for the return. If you .have any questions, or if you need any
additional information, please contact me.
Sincerely,
~ tU. ~
Julie W. Daugherty
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Enclosure
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SECURITIES OFFERED THROUGH FINANCIAL NElWORK INVESTMENT CORPORATION, MEMBER SIPC. REGISTERED BROKERlDEALER
KELLER FINANCIAL GROUP AND FINANCIAL NElWORK ARE NOT AFFILIATED.
RfV.1500 EX (8.(10)
OFFICIAL USE ONLY
'* COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
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DECEDENT'S NAME (LAST. FIRST. AND MIDDLE INITIAL)
Schneider, Kurt
DATE OF DEATH (MM-DD-YEAR)
04/08/05
FILE NUMBER
~ 1 - 6 5
cOONTv CODe - YEAR-
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NUr.tlER
DATE OF BIRTH (MM-DD-YEAR)
06/13/41
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST. FIRST. AND MIDDLE INITIAL)
Schneider, Pamela
SOCIAL SECURITY NUMBER
263-58-6501
THIS RETURN MUST BE FILED IN DUPUCATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
~ 1. Original Return
o 4. Umited Estate
o 6. Decedent Died Testate (Alladl copy of WI)
o 9. Utigalion Proceeds Received
o 2. Supplemental Retum
o 4a. Future Interest Compromise (dal8ofdNllatler12.12-82)
o 7. Decedent Maintained a Living Trust (AIadl copy of Trusl)
o 10. Spousal Poverty Credit(daI8ofdllllh~12-31-91 and 1.1-95)
o 3. Remainder Retum (dalIl ofde8lhpriorlD 12.13-82j
o 5. Federal Estate Tax RebJm Required
8. Total Number of Safe Deposit Boxes
o 11. EIeGtion to tax under See. 9113(A) (AIIadl Sch 0)
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COMPLETE MAILING ADDRESS
17 East High Street, Suite 103
Carlisle. PA 17013
NAME
Dwayne D. Keller or Julie W. Dau he
FIRM NAME (N AppIc8IlIe)
Keller Financial Group
TELEPHONE NUMBER
(717) 243-8553
0.00
0.00
0.00
0.00
16,472.00
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1. Real Estate (SchediRA) (1)
2. Stocks and Bonds (Schedule B) (2)
3. CtoseIy Held Colporation. partnelShlp or Sote-Proprietorip (3)
4. Mortgages & Noles Reteivable (Schedule D) (4)
5. Cash, Bank Deposits & Miscelaneous Personal Property (5)
(Schedule E)
6. Join!\}' Owned Property (Schedule F) (6)
o Separate Billing Requested
7. Inter-Vivos Transfers & Miscelaneous Non-Probate Property (7)
(Schedule G or L)
8. Total Gross Assets (total Lines 1-7)
9. Funeral Expenses & Administrative Costs (Schedule H) (9)
10. Debts of Decedent, Mortgage Liabililies, & Uens (Schedule I) (10)
11. Total Deductions (tolal Lines 9 & 10)
12. Net Value of Estate (Line 8 minus Line 11)
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)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPUCABLE RATES
15. Amount of Line 14 taxable at the spousal lax
rate, or transfers under Sec. 9116 (a)(1.2)
300,230.00
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0.00
316,702.00
(11)
(12)
(13)
0.00
316.702.00
0.00
(14)
316,702.00
316,702.00 x.O~ (15)
0.00 x.O_ (16)
___0'__________ 0.00 x .12 (17)
0.00 x .15 (18)
(19)
0.00
0.00
0.00
0.00
0.00
16. Amount of Une 14 taxable at fineal rale
17. Amount of Une 14 taxable at silIing rate
18. Amount of Line 14 taxable at collateral rate
19. Tax Due
CHECK HERE IF YOU ARf REQUES riNG A REFUfJD OF AN OVERPAYMENT
20.0
Decedent's Complete Address:
STREET ADDRESS
1
CITY Newville
STATEpA
ZIP 17241
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. CreditslPayments
A. Spousal Poverty Credit
8. Prior Payments
C. Discount
(1)
0.00
0.00
0.00
0.00
Total Credits ( A + 8 + C ) (2)
0.00
3.
InterestlPenalty if applicable
D. Interest
E. Penalty
0.00
0.00
5.
TotallnterestlPenalty ( 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.
A. Enter the interest on the tax due.
(3)
(4)
(5)
(SA)
0.00
0.00
0.00
0.00
0.00
4.
8. Enter the total of Line 5 + SA. This is the BALANCE DUE. (58)
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
No
[KJ
[KJ
[i]
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1. Did decedent make a transfer and: Yes
a. retain the use or income of the property transferred;.......................................................................................... 0
b. retain the right to designate who shaH use the property transferred or its income; ............................................ 0
c. retain a reversionary interest; or.......................................................................................................................... 0
d. receive the promise for life of either payments, benefits or care? ...................................................................... 0
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? .............................................................................................................. 0
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 Accoun~ annuity, or other non-probate property which
contains a beneficiary designation? .................. ..................... ................................................................................. [KJ
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Under pendies d~, I dec:tare that I have examined lhIs Illlum, including ~ schedules and statemenls, and to the besl d my koowIedge and beIef, It is true, COII8Cl and canpIele.
0edaraII0n d pnlpIIW oller than the penoneI ~ is b.-d on aI inronnaIIon of whk:h preparer has any knowledge.
S~RESAl LEF ~
ADDRESS
261 Cente . .
SIGNATURE OF
DATE
ADDRESS
17 East High Street, Suite 103, Carlisle, PA 17013
DATE
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. S9116 (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. S9116 (a) (1.1) (ii)].
The statute does not exemot 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 paren~ an adoptive paren~
or a stepparent of the child is 0% [72 P.S. S9116(a)(12)).
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. S9116(1.2) [72 P.S. S9116(a)(1)).
The tax rate imposed on the net value of transfers to or for the use of the decedenfs siblings is 12% [72 P.S. S9116(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-1508 EX+ (6-98) *'
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
Kurt Schneider, deceased
FILE NUMBER
ITEM
NUMBER
Include the proceeds of litigation and the date the proceeds were received by the estate.
All properly Jolntly-owned with right of survivorship must be disclosed on Schedule F.
1 USAA Savings Account
2 PNC Bank Checking Account
3. Allied First Bank Savings Account
4; PNC Brokerage Account
1995 Plymouth Neon
1988 Chevy Pick-Up Truck
1972 Honda 325 Motorcycle
DESCRIPTION
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
VALUE AT DATE
OF DEATH
500.00
200.00
500.00
REV-1509 EX+ (6-98*
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
Kurt Schneider, deceased
If an a..et was made joint within one year of the decedent's date of death, It must be reported on Schedule G.
SCHEDULE F
JOINTLy-oWNED PROPERTY
SURVIVING JOINT TENANT(S) NAME
A.. Pamela Schneider
ADDRESS
RELATIONSHIP TO DECEDENT
261 Centerville Road
Newville, PA 17241
Surviving Spouse
B.
C.
JOINTLY-OWNED PROPERTY:
ITEM
NUMBER
1.
LETTER
FOR JOINT
TENANT
DATE
MADE
JOINT
DESCRIPTION OF PROPERTY
INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMIlAR
IDENTIFYING NUMBER. ATTACH DEED FOR JOINTlY-HELD REAL ESTATE.
IReal estate situate at 261 Centerville Road, Newville, PA
DATE OF DEATH
VAlUE OF
DECEDENT'S INTEREST
A.
12/14199
50%
300,230.00
TOTAL (Also enter on line 6, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
REV-1510 EX+ (6-98*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF
Kurt Schneider, deceased
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
FILE NUMBER
DESCRIPTION OF PROPERTY
INCWOE THE !WE OF THE TRANSfEREE, THEIR RElATIONSHP TO DECEDENT AND
THE DATE OF 1lWlSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE.
DATE OF DEATH % OF DECO'S EXCLUSION
VALUE OF ASSET INTEREST
Individual Retirement Account FBO Kurt Schneider, with surviving spouse,
pamela Schneider., fJ.~.. nfJ.~~l1e~ciary (100%)
TOTAL (Also enter on line 7 Recapitulation)
(If more space is needed, insert additional sheets of the same size)
. ~
REV-1513 EX+ (9-00)
*'
leNIDULI j
BENEFICIARIES
COMMONWEALTH OF PENNSYlVANIA
INHERITANCE TAX RETURN
RESIlENT DECEDENT
ESTATE OF
Kurt Schneider, deceased
FILE NUMBER
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not list TrustIe(l) OF ESTATE
I TAXABlE DISTRIBUTIONS [Indude ~ spousal dlatrIbutIons, and transfers under
Sec. 9116 (a) (1.2))
1 Pamela Schneider, 241 Centerville Road, Newville, PA 17241 Surviving Spouse 316,702.00
ENTER DOlLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRlATE. ON REV.1500 COVER SHEET
n 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 adcIlionaI sheets of lhe same size)