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HomeMy WebLinkAbout03-17-06 (2) BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX Z80601 HARRISBURG PA 171Z8-0601 COMMONWEflTH OF PENNSYLVANIA DEPAR~~NT OF REVENUE ," . INHERITANCE TAX RECORD ADJUSTMENT SUSAN E LEDERER S E LEDERER LAW OFCS 481~~~ONESTOWN RD 226 HBG " PA 17109 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 03-08-2006 CLINE 04-02-2005 21 05-0349 CUMBERLAND 101 Amount Remitted I~ ! REV-1593 EX AFP (03-05) GRETCHEN B MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 CUT ALONG ~:ntIS LINE --+ RETAIN LOWER PORTION FOR YOUR RECORDS +-- NOTE: T~ insure proper credit to your account, submit the upper portion of this form with your tax payment. REV-1593 EX AFP (03-05) .. INHERITANCE TAX RECORD ADJUSTMENT .. --------------------------------------------------------------------------------------------------------------------------------------- ESTATE OF CLINE GRETCHEN B FILE NO. 21 05-0349 ACN 1 01 DATE 03-08-2006 ADJUSTHENT BASED ON: VALUE OF ESTATE: ADMINISTRATIVE CORRECTION 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Hortgages/Notes Receivable (Schedule D) S. Cash/Bank Deposits/Hisc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) S. Total Assets DEDUCTIONS AND EXEMPTIONS: U} (2) (3) (4) (S) (6) (7) 139.270.00 .00 .00 .00 4.273.44 .00 243.718.13 (S) 9. Funeral Expenses/Administrative Costs/ Hiscellaneous Expenses (Schedule H) Debts/Hortgage Liabilities/Liens (Schedule I) Total Deductions Net Value of Tax Return Charitable/Governmental Bequests; Non-elected Net Value of Estate Subject to Tax (9) UO} 6,045.50 1.702.75 (ll) U2} U3} U4} 10. 11. 12. 13. 14. TAX: lS. Allount of 16. Allount of 17. Allount of lS. Allount of 19. Principal TAX CREDITS: 9113 Trusts (Schedule J) Line 14 at Spousal rate Line 14 taxable at Lineal/Class A rate Line 14 at Sibling rate Line 14 taxable at Collateral/Class B rate Tax Due US} U6} U7} US} .OOX 00 = 379.513.32X 045= .00x 12 = .OOX 15 = U9} 387,261.57 7.748.25 379.513.32 .00 379.513.32 .00 17.078.10 .00 .00 17.078.10 .~... ""'''''''.LI" IT 1+) AHOUNT PAID DATE NUHBER INTEREST/PEN PAID (-) 07-01-2005 CD005524 853.91 16,300.00 TOTAL TAX CREDIT 17,153.91 BALANCE OF TAX DUE 75.81CR INTEREST AND PEN. .00 TOTAL DUE 75.81CR . IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.} PAYMENT: Detach the top portion of this Notice and submit with your payment made payable to the name and address printed on the reverse side. If payment if for a RESIDENT DECEDENT, make check or money order payable to: Register of Wills, Agent. If payment if for a NON-RESIDENT DECEDENT, make check or money order payable to: Commonwealth of Pennsylvania. Failure to pay the tax, interest, and penalty due may result in the filing of a lien of record in the appropriate county, or the issuance of an Orphan's Court citation. REFUND (CR): A refund of a tax credit, which was not requested on the Tax Return, may be requested by completing an "Application for Refund of Pennsylvania Inheritance and Estate Tax" (REV-13l3). Applications are available online at www.revenue.state.Da.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 taxpayers with special hearing and/or speaking needs: 1-800-447-3020 (TT only). REPLY TO: Questions regarding errors contained on this notice should be addressed to: PA Department of Revenue, Bureau of Individual Taxes, ATTN: Post Assessment Review Unit, P.O. Box 280601, Harrisburg, PA (717) 787-6505. 17128-0601, Phone DISCOUNT: If any tax due is paid within three (3) calendar months after the decedent's death, a five percent (5%) discount of the tax paid is allowed. PENALTY: The 15% 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. INTEREST: Interest is charged beginning with first day of delinquency or nine (9) months and one (1) day from the date of death to the date of payment. Taxes which became delinquent before January 1, 1982 bear interest at the rate of six (6%) percent per annum calculated at a daily rate of .000164. All taxes which became delinquent on and after January 1, 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 intarest rates for 1982 through 2006 are: Interest Daily Year Rate Factor 1982 20% .000548 1983 16% .000438 1984 11% .000301 1985 13% .000356 1986 10% .000274 1987 9% .000247 Interest Daily Interest Daily Year Rate Factor Year Rate Factor 1988-1991 11% .000301 2001 9% .000247 1992 9% .000247 2002 6% .000164 1993-1994 7Y. .000192 2003 5% .000137 1995-1998 9% .000247 2004 4% .000110 1999 7Y. .000192 2005 5% .000137 2000 8% .000219 2006 7Y. .000192 --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-1470 EX (6-88) if " '", 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 GRETCHEN CLINE REVIEWED BY PHYLLIS HOCH ITEM SCHEDULE NO. EXPLANATION OF CHANGES ADJUSTED PAYMENT DATE (WEEKEND). ROW FILE NUMBER ACN 2105-0349 101 Paqe 1