HomeMy WebLinkAbout09-18-06
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
NOT:g:~",Qf ,pqtqX:r~~IAX
APPRAISEM~",.!: ,.AQ.QJfAfCe &Ii. DISALLOWANCE
OF DEDUCT~~AttD:, +$SESSM~'T OF TAX
I, '_ _. ' .
I ,'", D~TE ",'.' ,0'1 7
i - ESTAtt 'OF
DATE OF DEATH
':FttE, J~.UMBER
CoUNTY
ACN
09-12-2006
WESTCOTT
05-19-2005
21 05-0491
CUMBERLAND
101
APPEAL DATE: 11-11-2006
( See reverse side under Objections)
Mount Re.i tted I I
MAKE CHECK PAYABLE AND REMIT PAYMENT TO:
REGISTER OF WILLS
CUMBERLAND CO COURT HOUSE
CARLISLE, PA 17013
CUT ALONG THIS LINE -+ RETAIN LOWER PORTION FOR YOUR RECORDS +-
iiv:ii4,-ii-AFP-ioi:oii-NOTIci-oF-INHiiITANci-TAi-APPRAIiiMiNT:-ALLowANci-oi---------------
DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX
CAMILLA R FILE NO. 21 05-0491 ACN 101 DATE 09-12-2006
TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE
I~ an assess.ent was issued previously, lines 14, 15 and/or 16, 17, 18 and
r~l.ct ~igur.s that include the total ~ ALL returns assessed to date.
ASSESSMENT OF TAX:
IS. AIIount of Une 14 at Spousal rate llS)
16. A.aunt of Line 14 taxable at Lineal/Class A rate (16)
17. AltDUnt of Line 14 at Sibling rate (17)
18. AMount of Line 14 taxable at Collateral/Class B rate (18)
19. Principal Tax Due
...
,
BUREAU OF INDIVIDUAL TAXES
INHERITANCE TAX DIVISION
PO BOX Z80601
HARRISBURG PA 171Z8-0601
MANUFACTERS AND TRADERS
JANE F BURKE V P
PO BOX 220
CARLISLE
('
PA 17013
ESTATE OF WESTCOTT
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)
S. Cash/Bank Deposits/Misc. Personal Property (Schedule E)
6. Jointly Owned Property (Schedule F)
7. Transfers (Schedule G)
8. Total Assets
APPROVED DEDUCTIONS AND EXEMPTIONS:
9. Funeral Expenses/Ada. Costs/Misc. Expenses (Schedule H)
10. Debts/Mortgage Liabilities/Liens (Schedule I)
11. Total Deductions
12. Net Value of Tax Return
13. Charitable/Sovernnental Bequests; Non-elected 9113 Trusts
14. Net Value of Estate Subject to Tax
NOTE:
DATE
08-17-2005
02-15-2006
NUltBER
CD005697
CD006331
INTEREST/PEN PAID (-)
5,263.16
.00
INTEREST IS CHARGED THROUGH 09-27-2006
AT THE RATES APPLICABLE AS OUTLINED ON THE
REVERSE SIDE OF THIS FORM
· IF PAID AFTER DATE INDICATED, SEE REVERSE
FOR CALCULATION OF ADDITIONAL INTEREST.
(1)
(2)
(3)
(4)
(S)
(6)
(7)
564.000.00
3.517.547.78
.00
.00
615.125.12
.00
260.858.43
(8)
'*
REV-1547 EX AFP (06-05)
CAMILLA
R
(9)
(10)
177,895.27
NOTE: To insure proper
credi t to your account,
subIIi t the upper portion
of this fora with your
tax PBYHnt.
4,957,531.33
:?03.3"g 1;7
4,754,161.76
.00
4,754,161.76
19 will
.00
213,937.28
.00
.00
213,937.28
211,101. 47
2,835.81
119.78
2,955.59
( IF TOTAL DUE IS LESS THAN $I, NO PAYMENT IS REQUIRED.
IF TOTAL DUE IS REFLECTED AS A nCREDIYO" (CR), YOU HAY BE DUE
A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.)
25.474.30
(11)
(12)
(13)
(14)
(Schedule J)
.00 X
4,754,161.76 X
.00 X
.00 X
00 =
045 =
12 =
15 =
(19)=
AMOUNT PAID
100,000.00
105,838.31
TOTAL TAX CREDIT
BALANCE OF TAX DUE
INTEREST AND PEN.
TOTAL DUE
REV-1470-.x (We)
.
*
INHERITANCE TAX
EXPLANATION
OF CHANGES
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF REVENUE
BUREAU OF INDMDUAL TAXES
PO Box 280601
HARRISBURG PA 17128-0601
DECEDENTS NAME
Camilla Westcott
FILE NUMBER
H McClintock
ACN
2105-0491
101
REVIEWED BY
ITEM
SCHEDULE NO. EXPLANATION OF CHANGES
The Department of Revenue taxes the entire estate at 4.5% as follows:
$ 475,000.00 Graham Farm ~
3,012.00 Personal Property ~
321.00 Coins ~ Specific bequests
94 7.50 Proceeds from car
260,858.43 Beneficiary format non-probate assets
4,014,022.83 Remainder (Trust)
Trust assets under Article Seventh of decedents will are 100% taxable to son at 4.5% because the
trustee has the right to invade trust principal for the son and the estate field to ask for a future
interest compromise.
Note: For information purposes only. No charitable exemption would have been allowed as the
estate failed to supply the list referenced in the will.
ROW
Page 1