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HomeMy WebLinkAbout08-17-06 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 FILE NUMBER 2 1 -0 5 0 9 7 5 COuNTYCOOE ---YEA~ - - NuMBER- - DECEDENT'S NAME (LAST, FIRST. AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER .... Z W C W o w c Baker Charles W. DATE OF DEATH (MM-DD-Year) DATE OF BIRTH (MM-DD-Year) 12/06/1997 07/16/1931 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Baker Sandra E. 1 86- 2 4 - 9 356 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER 1 6 1 - 3 4 - 1 343 W I- ~Sen ull::~ w~u J: a::g u !tlD < [Xl 1. Original Return o 4. Limited Estate o 6. Decedent Died Testate (Attach copy 01 Will) o 9. Litigation Proceeds Received o 2. Supplemental Return o 4a. Future Interest Compromise (date 01 death after 12-12-82) o 7. Decedent Maintained a Living Trust (Attach copy ofTrust) o 10. Spousal Poverty Credit (date 01 death between 12.31.91 and 1-1-95) o 3. Remainder Return (date of death prior to 12.13-82) o 5. Federal Estate Tax Return Required _ 8. Total Number of Safe Deposit Boxes o 11. Election to tax under Sec. 9113(A) (Attach Sch 0) I- Z W o Z o 0- en W II:: II:: o U THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATIONSHOULD.BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS Hubert X. Gilro Es uire 4 N. Hanover Street FIRM NAME (If Applicable) Brou'os & Gilro P.C. Carlisle, PA 17013 TELEPHONE NUMBER 717 -243-457 4 20,000.00 z o i= <C ...J ::) !:: D- <C o w IX: 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) 4. Mortgages & Notes Receivable (Schedule D) (4) 5. Cash, Bank Deposits & Miscellaneous Personal Property (5) (Schedule E) 6. Jointly Owned Property (Schedule F) (6) o Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous 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 Liabilities, & Liens (Schedule I) (10) 11. Total Deductions (total 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) r'.) 20,000.00 (8) 1,200.00 14. Net Value Subjectto Tax (Line 12 minus Line 13) SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES z o i= <C .... ::) D- ::IE o o >< <C .... 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) 19. Tax Due 18,800.00 X 2-- (15) X _(16) X .12 (17) X .15 (18) (19) 16. Amount of Line 14 taxable at lineal rate 17. Amount of Line 14 taxable at sibling rate 18. Amount of Line 14 taxable at collateral rate 20. 0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT (11) (12) (13) 1,200.00 18,800.00 (14) 18,800.00 0.00 0.00 > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < J! Xl.. V D d t' C I t Add ece en s omple e ress: . STREET ADDRESS 1144 Doublina Gap Road CITY I STATE I ZIP Newville PA 17241 Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1 ) 0.00 3. Interest/Penalty if applicable D. Interest E. Penalty Total Credits (A + B + C) (2) Total Interest/Penalty ( D + E) (3) 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 (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5 + SA. This is the BALANCE DUE. (58) Make Check Payable to: REGISTER OF WILLS, AGENT 0.00 0.00 PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred; ........................................................................... 0 00 b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 00 c. retain a reversionary interest; or ...................................................................................................... 0 00 d. receive the promise for life of either payments, benefits or care? ............................................................. 0 00 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?........ ......... .................................. .... ...... ............ ..................... 0 00 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? ................. 0 00 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... 0 00 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 --P/v-7u:1'.0f...... g g e.-l<:j~A.. ~ J '" 25/ S;iner RO~ ., EIIi 5 ur SIGNATURE OF PR R DA~ ;: . () f / IJ.-- i')/6 ADDRESS REPRESENTATIVE 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. ~9116 (a) (1.1) (il]. 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. ~9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving SPoNs from ta,x, and the, stat~ory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. \\ I~~ ~ 11 CJ-t 1':/ For dates of death on or after July 1, 2000: \\ '-b \ ~0 L...- The tax rate imposed on the net value of transfers from a decease c i1d 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. ~9116(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. ~9116(1.2) [72 P.S. ~9116(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. ~9116(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. ""'~.,,"' '. COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RE",IDENT DlO"EDENT SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER Baker Charles W. 21 05 0975 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION Real estate located at 1144 Doubling Gap Road, Newville, PA 1724 (copy of HUD-1 Settlement Sheet showing sale of property is attached hereto as verification of value) VALUE AT DATE OF DEATH 20,000.00 TOTAL (Also enter on line 1, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 20000.00 R~-1t)11EX+(1-97'; '* SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Baker Charles W. FILE NUMBER 21 05 0975 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Social Security Numbe~s) I EIN Number of Personal Representative(s) Street Address City State Zip Year(s) Commission Paid: 2. Attorney Fees Broujos & Gilroy, P.C. 1,200.00 3. Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountanfs Fees 6. Tax Retum Prepare~s Fees 7. TOTAL (Also enter on line 9, Recapitulation) $ 1 200.00 (If more space is needed, insert additional sheets of the same size) "~:"'".,.~ '* COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF FILE NUMBER R:::Jkp.r Ch:::Jrlp.!,: W. 21 n~ nc17 5 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I. TAXABLE DISTRIBUTIONS (include outright spousal distributions) 1. Sandra E. Baker Wife 100% ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 17, 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 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV 1500 COVER SHEET $ (If more space is needed, insert additional sheets of the same size) ;:... OMS NO. 25n2-0265 .,-,. A. ' B. TYPE OF lOAN: U.~. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1.DFHA 2.DFmHA 3. DCONv. UNINS. 4.DVA 5.DcONV.INS. 6. ~~;~1~~~1BER: \7. lOAN NUMBER: . SETTLEMENT STATEMENT 8. MORTGAGE INS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "[POC]" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. 1.0 3/98 (BURKHOLDER, LUTHER.PFD/P.143810/40) D. NAME AND ADDRESS OF BORROWER: E. NAME AND ADDRESS OF SEllER: F. NAME AND ADDRESS OF lENDER: luther L. Burkholder Estate of Charles W. Baker, 198 Briner Road Sandra Baker, Estate Executrix Elliottsburg, PA 17024 257 Briner Road Elliottsburg, PA 17024 G. PROPERTY lOCATION: H. SETTLEMENT AGENT: 23-2267691 I. SETTLEMENT DATE: 1144 Doubling Gap Road Broujos and Gilroy, P.C. Newville, PA 17241 April 26, 2006 Cumberland County, Pennsylvania PLACE OF SETTLEMENT 4 North Hanover Street Carlisle, PA 17013 J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SEllER'S TRANSACTION Inn "\1 4nn 101. Contract Sales Price 20,000.00 401. Contract Sales Price 20,000.00 102. Personal Proper1v 402. Personal Proper1v 103. Settlement Charaes to Borrower (line 1400) 338.50 403. 104. 404. 105. 405. . , Bv Seller in 106. CitvlTown Taxes to 406. CitYlTown Taxes to 107. Countv Taxes 04/27/06 to 01/01/07 71.21 407. Countv Taxes 04/27/06 to 01/01/07 71.21 108. School 04/27/06 to 07/01/06 96.78 408. School 04/27/06 to 07/01/06 96.78 109. 409. 110. 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 20,506.49 420. GROSS AMOUNT DUE TO SELLER 20,167.99 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 10,000.00 501. Excess Deposit (See Instructions) 202. Principal Amount of New loan(s) 502. Settlement Charaes to Seller (Line 1400) 309.39 203. Existina loan(s) taken subject to 503. Existina loan(s) taken subiect to 204. 504. Payoff of first Mortgage 205. 505. Payoff of second MortQaQe 206. 506. Deposit retained by seller 10,000.00 207. 507. 208. 508. 209. 509. -Adlustments'Por Items nDaid Bv Seller Arl;ustments For Items Unpaid By Seller 210. CitvlTown Taxes to 510. CitvlTown Taxes to 211. Countv Taxes to 511. Countv Taxes to 212. School to 512. School to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/FOR BORROWER 10,000.00 520. TOTAL REDUCTION AMOUNT DUE SELLER 10,309.39 300. CASH AT SETTLEMENT FROMITO BORROWER: 600. CASH AT SETTLEMENT TOIFROM SELLER: 301. Gross Amount Due From Borrower (Line 120) 20,506.49 601. Gross Amount Due To Seller (Line 420) 20,167.99 302. less Amount Paid By/For Borrower (line 220) ( 10,000.00) 602. less Reductions Due Seller (Line 520) ( 10,309.39 303. CASH ( X FROM) ( TO) BORROWER 10506.49 603. CASH ( X TO) ( FROM) SELLER 9,858.60 The undersigned hereby ac~ ceipt of a completed copy of pages 1 &2 of this statement & any attachments referred to herein. Borrower Seller Estate of Charles W. Baker, Luther L. Burkholder sanjLak:: j:e Execut~ ~ BY: o..u- ... C-- Mr. HUD.1 (3-66) RESPA. HB4305.2 Paoe 2 L. SETTLEMENT CHARGES - 700. TOTAL COMMISSION Based on Price 9; fa) n nnnn Ofn PAID FROM PAID FROM . Division of Commission (line 700) as Follows: BORROWER'S SELLER'S 701.$ to FUNDS AT FUNOS AT 702.$ to SETTLEMENT SETTLEMENT 703. Commission Paid at Settlement 704. to 800. ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan OriQination Fee 1 .0000 % to 802. Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. MortQaae Ins. App. Fee to 807. Assumption Fee to 808. 809. 810. 811. gOO. ITEMS REOUIRED BY I ENDER TO R~ PAin IN AnVANC~ 901. Interest From to @ $ /day ( days %) 902. MIP Totlns. for LifeOfLoan for months to 903. Hazard Insurance Premium for 1.0 years to 904. 905. 1000. RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance months $ oer month 1002. Mortgage Insurance months $ per month 1003. CitvlTown Taxes months $ oer month 1004. County Taxes months $ per month 1005. School months @ $ per month 1006. months @ $ oer month 1007. months @ $ per month 1008. months @ $ oer month 1100. TITLE CHARGES 1101. Settlement or ClosinQ Fee to 1102. Abstract or Title Search to 1103. Title Examination to Brouios and Gilrov, P.C. 100.00 1104. Title Insurance Binder to 1105. Document Preparation to 1106. Notary Fees to Brouios and Gilrov, P.C. 5.00 1107. Attorney's Fees to (includes above item numbers: ) 1108. Title Insurance to (includes above item numbers: ) 1109. Lender's Coverage $ 1110. Owner's Coverage $ 20,000.00 1111. 1112. 1113. 1200 GOVERNMENT RECORDINr. AND TRANSFI=R CHARGFS 1201. Recording Fees: Deed $ 38.50; Mortgage $ Releases $ 38.50 1202. City/County Tax/Stamps: Deed . MortQaQe 200.00 1203. State Tax/Stamps: Revenue Stamps ; Mortaaae 200.00 1204. 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Survey to 1302. Pest Insoection to 1303. 2006 County, Local Taxes to Shelbv Winters Tax Collector 104.39 1304. 1305. 1400. TOTAL SETTLEMENT CHARGES (Enter on Lines 103, Section J and 502, Section K) 338.50 309.39 By signing page 1 of this statement, the signatories acknowledge receipt of a completed copy of pag Certified to be a true copy. cfge statement. (P-143810 (P-143810 f 40)