The URL can be used to link to this page

Home My WebLink About12-13-05 (2) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 1712B-0601 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 11-28-2005 BISHOP 02-14-2005 21 05-0188 CUMBERLAND 101 :" (") APPEAL DATE: 01:"-2'7-2006._ ( See reverse side under Ob1'/~ons ~~: Amount Remitted I Co) I MAKE CHECK PAYABLE AND REMIT PA~ENT TO: REGISTER OF WILLS CUMBERLAND CO COURT.,HOUSE 1-.1 CARLISLE, PA 17013- CUT ALONG THIS LINE -+ RETAIN LOWER PORTION FOR YOUR RECORDS +- - - - - - - - - - - - -- - - - -.- - - - -... - - - - -...... - - - ..,'!'L~-.- '!!I._~,_t!!lI..~_._ ._._.!!'I_.._.___ _ _ _.__ _ _ _._ _ _ _ _ _ _ _ _ _ _-._ .-..__ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ REV-1547 EX AFP ((f~';-05)NOnCc. OF-INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX PEARL R FILE NO. 21 05-0188 ACN 101 DATE 11-28-2005 TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE CHARLES R BISHOP 113 W KELLER ST MECHANICSBURG PA 17055 ESTATE OF BISHOP RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 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 (1) (2) (3) (4) C5} (6) (7) 92,000.00 .00 .00 .00 137.167.00 .00 .00 (8) APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax I~ an assessment was issued previOUSly, lines 14, 15 and/or 16, 17, 18 and re~lect ~igures that include the total ~ abb returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Amount of Line 14 taxable at Collateral/Class B rate (18) 19. PrinCipal Tax Due RE : NOTE: T + DATE 09-01-2005 NUMBER CD005797 INTEREST/PEN PAID (-) .00 INTEREST IS CHARGED THROUGH 12-13-2005 AT THE RATES APPLICABLE AS OUTLINED ON THE REVERSE SIDE OF THIS FORM · IF PAID AFTER DATE INDICATED. SEE REVERSE 7,682.00 6.979.00 (1l) (12) (13) (14) (9) (10) .00 214,506.00 .00 .00 X 00 = X 045 = X 12 = X 15 = (19)= REV-1547 EX AFP (06-05) PEARL R AMOUNT PAID 9,482.00 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE (_,';.1. ( I- NOTE: To insure proper credit to your account, s~it the upper portior of this form with your tax paYllent. 229,167.00 14.661 00 214,506.00 .00 214,506.00 19 will .00 9,652.77 .00 .00 9,652.77 9,482.00 170.77 .68 171 .45 ( IF TOTAL DUE IS LESS THAN ~1. NO PAYMFNT T!': RFDIITRFn \r RESERVATION: Estates of decedents dying on or before December 12, 1982 -- if any future interest in the estate is transferred in possession or enjoyment to Class B (collateral) beneficiaries of the decedent after the expiration of any estate for life or for years, the Co..onwealth hereby expressly reserves the right to appraise and asses~~ransfer Inharjtance Taxes at the lawful Class B (collateral) rate on any such future interest. I_~ c, (~" c; PURPOSE OF NOTICE: To fulfill the requirements of Section 2140 of the Inheritance and Estate Tax Act, Act 23 of 2000. (72 P.S. Section 9140). PAYMENT: Detach the top portion of this Notice and submit with your payment to the Register of Wills printed on the reverse side. --Make check or money order payable to: REGISTER OF Wll.LS, AGENT. Failure to pay the tax, interest, and penalty due ~y result in the filing of a lien of record in the appropriate county, or the issuance of an Orphan's Court citation. A refund of a tax credit, which was not requested on the Tax Return, .ay be requested by co~leting an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-1313). Applications are available online at www.revenue.state.oa.us. any Register of Wills or Revenue District Office, or from the Department's 24-hour answering service for forms orders: 1-800-362-2050; services for taxpeyers with special hearing and/or speaking needs: 1-800-447-3020 (TT only). Any party in interest not satisfied with the appraisement, allowance or disallowence of deductions or assessment of tax (including discount or interest) as shown on this Notice may object within 60 days of the date of receipt of this notice by filing one of the following: AJ Protest to the PA Depar~nt of Revenue, Board of Appeals. You may object by filing a protest online at www.boardofaDDeals.state.oa.us on or before the expiration of the sixtY-day appeal period. In order for an electronic protest to be valid, YoU must receive a confirmation number and processed date from the Board of Appeals website. You may also send a written protest to PA Department of Revenue, Board of Appeals P.O. Box 281021, Harrisburg, PA 17128-1021. Petitions may not be faxed. B) Election to have the matter determined at the audit of the account of the personal representative. C) Appeal to the Orphans' Court. REFUND (CR): OBJECTIONS: ADMIN- ISTRATIVE CORRECTIONS: Factual arrors discovared on this assessment should be addressed in writing to: PA Department of Revenue, Bureeu of Individual Taxes, ATTN: Post Assessment Review Unit, P.O. Box Z80601, Harrisburg, PA 17128-0601 Phone (717) 787-6505. See page 3 of the booklet "Instructions for Inheritance Tax Return for a Resident Decedent" (REV-1501) for an explanation of administrativelY correctable errors. DISCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (5X) discount of the tax paid is allowed. PENALTY: The 15X tax amnesty non-participation penalty is computed on the total of the tax and interest assessed, and not paid before January 18, 1996, the first day after the end of the tax amnesty period. This non-participation penalty is appealable in the same manner and in the tha same time periOd as YOU would appeal the tax and interast that has been assessed as indicated on this notice. INTEREST: Year mz 1983 1984 1985 1986 1987 Interest is charged beginning with first day of delinquency, or nine (9) months and ona (1) day from the date of death, to the date of payment. Taxes which became delinquent before January I, 198Z bear interest at the rate of six (6X) percent per annum calculated at a daily rate of .000164. All texes which became delinquent on and after January I, 1982 will bear interest at a rate which will vary from calendar year to calendar year with that rate announced by the PA Department of Revenue. The applicable interest rates for 198Z through ZOOS are: Interest Daily Interest Daily Interest Rate Factor Year Rate Factor Vear Rate ~:Do"OM Tm-1991 -m- ':"Dli'imI" ffil ---w- 16X .000438 1992 9X .000247 Z002 6X llX .000301 1993-1994 7X .000192 Z003 5X 13X .000356 1995-1998 9X .000Z47 Z004 4X lOX .000274 1999 n .000192 2005 5X 9X .000247 2000 8X .000Z19 Da ily Factor . iiiirnr .000164 .000137 .ooono .000137 --Interest is calculated as follows: INTEREST = BALANCE OF TAX UNPAID X NUMBER OF DAYS DELINQUENT X DAILY INTEREST FACTOR --Any Notice issued after the tax becomes delinquent will reflect an interest calculation to fifteen (15) days beyond the date of the assessment. If payment is made after the interest computation date shown on the Notice, additional interest must be calculated. REV-147C 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 DECEDENT'S NAME Pearl R. Bishop FILE NUMBER Sheila Megonnell ACN 2105-0188 101 REVIEWED BY ITEM SCHEDULE NO. H B-3 EXPLANATION OF CHANGES The claim for the family exemption has been disallowed. The claimant must be a spouse or if no spouse, a parent or child living in the same household as the decedent as of the date of death.