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HomeMy WebLinkAbout03-16-06 REV.1500 EX + (6-00) *' COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT OFFICIAL USE ONLY I FILE NUMBER II 05 0641 _. I DECEDENrS NAME (LAST, FIRST, AND MIDDLE INITIAL) Sheetz, Glen A. ~_._--'~-~----'-----,-,-- ; DATE OF DEATH (MM-DD-YEAR) COUNTY CODE Y.fO~_~~!:l~R. -----..- SOCIAL SECURITY NUMBER ~ z w o w () w o 166-70-5651 DATE OF BIRTH (MM-DD-YEAR) THIS RETURN MUST BE FILED IN DUPLICATE WITH THE 06-30-2005 05-02-1974 REGISTER OF WILLS I (IF APPLICABLE) SURVIVING SPOUSE'S NAME ( LAST, FIRST AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER ...".' 1. Onginal Return ....J 2. Supplemental Return ,----! 3. Remainder Return (date of dealh pnor to 12-13-82) w >- "SUl U"'" wc..U :J:OO uII:-' c..m c.. ct >- z w c z o c.. Ul w II: '" o U ~ 4a. Future Interest Compromise (date of death after ~ 12-12-82) ~I 6. Decedent Died Testate (Attach 7. Decedent Maintained a Living Trust (Attach copy of Will) copy of Trust) 9 Litigation Proceeds Received 10 Spousal Poverty Credit (date of death between , . . 12-31-91 and 1-1-~5) ITHIS SECTION MiisT..BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: , NAME COMPLETE MAILING ADDRESS I Patricia R. Brown, Esq. I FIRM NAME (If applicable) I SALZMANN HUGHES PC , 8. Total Number of Safe Deposit Boxes 4. Limited Estate 5. Federal Estate Tax Return Required 11. Election to tax under Sec. 9113(A) (Attach Sch 0) I TELEPHONE NUMBER 354 Alexander Spring Road, Suite 1 Carlisle, PA 17013 1. Real Estate (Schedule A) (1 ) None 2 Stocks and Bonds (Schedule B) (2) None 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) None 4. Mortgages & Notes Receivable (Schedule D) (4) None 5, Cash, Bank Deposits & Miscellaneous Personal Property (5) 2,943.17 (Schedule E) z 6. Jointly Owned Property (Schedule F) (6) None 0 D Separate Billing Requested i= < 7, Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) None ...J ::l (Schedule G or L) [J Separate Billing Requested ~ a: 8. Total Gross Assets (total Lines 1-7) < () 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 4,019.00 w a: 10, Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) 1,051.84 i 11. Total Deductions (total Lines 9 & 10) 12. Net Value of Estate (Line 8 minus Line 11) OFFICIAL USE ONLY '''',,) '--, "," , (I (8) 2,943.17 (11 ) 5,070.84 (12) insolvent 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) (13) 0.00 (14) 0.00 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, 0.00 x .00 (15) or transfers under See, 9116(a)(1.2) z 0 .045 (16) i= 16,Amount of Line 14 taxable at lineal rate 0.00 x ~ ::l 0- 17,Amount of Line 14 taxable at sibling rate 0.00 x .12 (17) :!: 0 () , 18, Amount of Line 14 taxable at collateral rate 0.00 x .15 (18) x < I- 19. Tax Due (19) 0.00 0.00 0.00 0.00 0.00 20. D CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. >> BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH << Copyright 2002 form software only The Lackner Group, Inc. Form REV-1500 EX (Rev, 6-00: Decedent's Complete Address: STREET ADDRESS 213 Gheary Avenue, Apt. A CITY New Cumberland I STATE PA I ZIP 17070 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1 ) 0.00 0.00 Total Credits (A + 8 + C) (2) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Interest/Penalty (D + E) 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 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. 8. Enter the total of Line 5 + SA. This is the BALANCE DUE. (3) (4) (5) 0.00 (SA) (58) 0.00 A. Enter the interest on the tax due. Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS Yes o D o o o 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death?......... D ii::j' 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which .. contains a beneficiary designation?...................................................................................................................... D L;i?l IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of pe~ury, I declare that I have examined this return, including accompanying schedules and statements. and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN ADDRESS Donald ft..-Sheetz 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;.................................................................................. b. retain the right to designate who shall use the property transferred or its income;.................................... c. retain a reversionary interest; or.................................................................................................................. d. receive the promise for life of either payments, benefits or care?.............................................................. 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?.................................................................................................................... .. No i DATE SIGNATUR 132 East Liberty Avenue Carlisle, PA 17013 3 J 4/0 t DATE ADDRESS '--1:/ ~~~, '-..{( ~~ SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE Patricia R. Brown, Esq. ADDRESS '5// Ij. /V6. DATE 354 Alexander Spring Road, Suite 1 Carlisle, PA 17013 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. 99116 (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. 99116 (a) (1.1) (ii)]. 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 return 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. 99116 (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. 99116 1.2) [72 P.S. 99116 (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. 99116 (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) *' SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Sheetz, Glen A. FILE NUMBER 21-05-0641 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntly-owned with the right of survivorship must be disclosed on schedule F. ITEM NUMBER DESCRIPTION 1 Cash on hand VALUE AT DATE OF DEATH 16.00 2 US Treasury, income tax refund 2.036.00 3 Members 1st Federal Credit Union - savings account 105.00 4 Members 1st Federal Credit Union - checking account 136.17 5 Personal property sold 650.00 TOTAL (Also enter on Line 5, Recapitulation) 2.943.17 (If more space is needed, additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E (Rev. 6-98) REV-1151 EX+ (12-99) *' SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Sheetz, Glen A. FILE NUMBER 21-05-0641 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION NUMBER AMOUNT A. FUNERAL EXPENSES: See continuation schedule(s) attached 3,165.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Social Security Number(s) / EIN Number of Personal Representative(s): Street Address City State Zip - Year(s) Commission paid 2. Attorney's Fees SALZMANN HUGHES PC 750.00 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 44.00 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 60.00 See continuation schedule(s) attached TOTAL (Also enter on line 9, Recapitulation) 4,019.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H (Rev. 6-98) Rev-1502 EX+ (6-98) *' SCHEDULE H-A FUNERAL EXPENSES continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Sheetz, Glen A. FILE NUMBER 21-05-0641 ITEM NUMBER DESCRIPTION AMOUNT 1 Ronald L. Smith Funeral Home 3,165.00 Subtotal 3.165.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-A (Rev. 6-98) Rev-1502 EX+ (6-98) *' SCHEDULE H-B7 OTHER ADMINISTRATIVE COSTS continued COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIOENT DECEDENT ESTATE OF Sheetz, Glen A. FILE NUMBER 21-05-0641 ITEM NUMBER DESCRIPTION AMOUNT 1 Wagner's Tax Service - tax preparation fee 60.00 Subtotal 60.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H-B7 (Rev. 6-98) Rev-1512 EX+ (6-98) *' SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Sheetz, Glen A. FILE NUMBER 21-05-0641 Include unrelmbursed medical expenses. ITEM NUMBER 1 American Water Co. 2 Comcast Cable 3 Pinnacle Health Hospitals 4 PP&L 5 UGI 6 Verizon Wireless DESCRIPTION VALUE AT DATE OF DEATH 39.25 229.73 11.46 585.01 11.22 175.17 TOTAL (Also enter on Line 10, Recapitulation) 1,051.84 (If more space is needed. additional pages of the same size) Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I (Rev. 6-98) REV-1513 EX+ (9-00) . SCHEDULE .J BENEFICIARIES COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF NUMBER Sheetz, Glen A. NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116(a)(1.2)] RELATIONSHIP TO DECEDENT Do Not List Trustee(s) FILE NUMBER 21-05-0641 SHARE OF ESTATE AMOUNT OF ESTATE (Words) ($$$) I. 1 Donald A. Sheetz 132 East Liberty Avenue Carlisle, PA 17013 father 1/2 remainder 2 Mary Weibley 17 South Elmer Avenue Halifax, PA 17032 mother 1/2 remainder Total 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 B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 Copyright (c) 2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule J (Rev. 6-98) SAVINGS ACCOUNT: Account Number/Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest t'-Jame of Joint Owner CHECKING ACCOUNT: Account Number/Suffix Date Account Established Principal Balance at Date of Death Accrued Interest to Date of Death Total Principal and Accrued Interest Name of Joint Owner Estate of: GLEN A. SHEETZ Date of Death: 06/30/2005 Social Security Number: 166-70-5651 ,., lK MEMBERS 1st FEDERAL CREDIT UNION 238646 -00 12/12/2003 $105.00 $.00 $105.00 None 238646 -11 11/19/2004 $136.17 $.00 $136.17 None ;Q; ~RS 1STJ7DE~ L CREDIT UNION ~~ u/O~z: nise A. Wolfe . Insurance Services S pervisor August 31,2005 5000 Louise Drive . Po. Box 40 . Mechanicsburg, Pennsylvania 17055 . (717) 697-1161 . wv.'w.memberslst.org