HomeMy WebLinkAbout02-10-06
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOTICE OF INHERITANCE TAX
APPRAISEMENT, ALLOWANCE OR DISALLOWANCE
OF DEDUCTIONS AND ASSESSMENT OF TAX
DATE
ESTATE OF
DATE OF DEATH
FILE NUMBER
COUNTY
ACN
02-13-2006
ROWE
03-24-2005
21 05-0355
CUMBERLAND
101
APPEAL DATE: 04-14-2006
( See reverse side under Objections)
Amount Remitted I I
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
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REV-1547 EX AFP (03-05) NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
PAUL R FILE NO. 21 05-0355 ACN 101 DATE 02-13-2006
TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE
~
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
PO BOX 280601
HARRISBURG PA 17128-0601
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ROBERT C SAtDIS
SAIDIS ETAL
2109 MARKET ST
CAMP HILL
ESQ
PA 17011
ESTATE OF
ROWE
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
ll)
(2)
(3)
(4)
(5)
(6)
(7)
225,000.00
.00
.00
335,725.34
17.008.32
.00
57,171.10
(8)
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Adn. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
13. Charitable/Governnental Bequests; Non-elected 9113 Trusts (Schedule J)
14. Net Value of Estate Subject to Tax
NOTE: If an assessment was issued previously, lines
reflect figures that include the total of ALL
ASSESSMENT OF TAX:
15. Anount of Line 14 at Spousal rate (15)
16. Anount of Line 14 taxable at Lineal/Class A rate (16)
17. Anount of Line 14 at Sibling rate (17)
18. Anount of Line 14 taxable at Collateral/Class B rate (18)
19. Principal Tax Due
TAX CREDITS:
+
DATE
06-17-2005
NUMBER
CD005450
INTEREST/PEN PAID (-)
815.79
INTEREST IS CHARGED THROUGH 02-28-2006
AT THE RATES APPLICABLE AS OUTLINED ON
REVERSE SIDE OF THIS FORM
(9)
llO)
39,928.77
REV-1547 EX AfP (06-05)
PAUL
R
5.787.31
(11)
ll2)
ll3)
ll4)
NOTE: To insure proper
credit to your account,
subnit the upper portion
of this forn with your
tax paynent.
634,904.76
45.716 08
589,188.68
.00
589,188.68
14, 15 and/or 16, 17, 18 and 19 will
returns assessed to date.
196,396.22 X 00 =
392,792.46 X 045 =
.00 X 12 =
.00 X 15 =
ll9)=
AMOUNT PAID
15,500.00
.00
17,675.66
.00
.00
17,675.66
TOTAL TAX CREDIT 16,315.79
THE BALANCE OF TAX DUE 1,359.87
INTEREST AND PEN. 16.71
TOTAL DUE 1,376.58
( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. {tJ
IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DU
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
. IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
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REV-1470 EX (6-88)
'*
INHERITANCE TAX
EXPLANATION
OF CHANGES
COMMONWEALTH OF PENNSYl V AN IA
DEPARTMENT OF REVENUE
BUREAU OF INDIVIDUAL TAXES
PO Box 280601
HARRISBURG PA 17128-0601
DECEDENT'S NAME
ROWE PAUL
R
FILE NUMBER
Department of Revenue
ACN
2105-0355
101
REVIEWED BY
ITEM
SCHEDULE NO.
EXPLANATION OF CHANGES
E 10 &
11
Moved to Schedule G as the IRA's are non-probate in nature.
The calculation of the spousal1/3rd elective share is as follows:
Schedule A
Schedule D
Schedule E, as adjusted
Gross Probate Estate
Schedule H
Schedule I
Less allowable deductions
Net Probate Estate
Schedule G, as adjusted
Net Total Estate
Less; 1/3rd share passing to spouse via
her election under Chapter 22 of PEF Code
2/3rd share passing to issue at 4.5%
$ 225,000.00
+ 335,725.34
+ 17 ,008.32
$ 577,733.66
39,928.77
+ 5,787.31
- 45,716.08
532,017.58
+ 57,171.10
589,188.68
- 196,396.22
392,792.46
Under Chapter 22 of the PEF Code, the two IRA's become part of the assets subject to
the spouse's elective share. The elective share is determined after all deductions are
taken against the probate assets. The spouse may chose to keep the Ira's as part of her
actual distribution, but the value is brought back into the estate for determination of the
value of the elective share.
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