Enlarge image | IMPORTANT: FILL IN FORM MUST BE DOWNLOADED ONTO YOUR COMPUTER PRIOR TO COMPLETING 1505624105 (EX) MOD 08-24 (FI) OFFICIAL USE ONLY REV-1500 County Code Year File Number INHERITANCE TAX RETURN RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW START Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY Ü Decedent’s Last Name Suffix Decedent’s First Name MI (If Applicable) Enter Surviving Spouse’s Information Below Last Four Digits of Spouse’s Last Name Spouse’s First Name MI Spouse’s SSN THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS TYPE OF RETURN (only select one) Original Estate Return Supplemental Estate Return Individual-Transferee Return Remainder Return (Only include items not previously (Individual reporting non-probate assets (Date of death prior to 12/13/1982) reported) separate from the estate; Schedule F and G assets only) FILL IN ALL OVALS THAT APPLY 1. Decedent Died Testate 2. Spouse is Sole Beneficiary 3. Litigation Proceeds Received (Attach copy of Will) (With no Trust involved) 4. Federal Estate Tax Return Required 5. Agricultural Exemption 6. Family-Owned Business Exemption (Date of death after 6/30/2012) (Date of death after 6/30/2013) 7. Business Assets 8. Decedent Maintained Living Trust 9. Future Interest Compromise (Attach copy of Trust) (Date of death after 12/12/1982) 10.Deferral/Election of Spousal Trust 11. ____ Total Number of Safe Deposit Boxes Name Daytime Telephone Number First Line of Address Second Line of Address City or Post Office State Zip Code Correspondent’s email address: REGISTER OF WILLS USE ONLY DATE FILED STAMP PLEASE USE ORIGINAL FORM ONLY REGISTER OF WILLS USE ONLY DATE FILED MMDDYYYY 1505624105 1505624105 PAGE 1 Reset Entire Form RETURN TO TOP NEXT PAGE PRINT FORM |
Enlarge image | 1505624205 REV-1500 (EX) MOD 08-24 (FI) Decedent’s Social Security Number Ü Decedent’s Name: RECAPITULATION 1. Real Estate (Schedule A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 2. Stocks and Bonds (Schedule B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. 3. Closely Held Corporation, Partnership, or Sole-Proprietorship (Schedule C) . . . . . . . 3. 4. Mortgages and Notes Receivable (Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 5. Cash, Bank Deposits, and Miscellaneous Personal Property (Schedule E) . . . . . . . . 5. 6. Jointly Owned Property (Schedule F) Separate Billing Requested. . . . . . . . . . 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested. . . . . . . . . . 7. 8. Total Gross Assets (total Lines 1 through 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. 9. Funeral Expenses and Administrative Costs (Schedule H) . . . . . . . . . . . . . . . . . . . . . 9. 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) . . . . . . . . . . . . . . . . 10. 11. Total Deductions (total Lines 9 and 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. 12. Net Value of Estate (Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. 13. Charitable and Governmental Bequests/Sec. 2113 Trusts for which an election to tax has not been made (Schedule J). . . . . . . . . . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13). . . . . . . . . . . . . . . . . . . . . . . . . . . 14. TAX CALCULATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 2116 (a)(1.2) or (1.4) X .0 15. 16. Amount of Line 14 taxable at lineal rate X .0 16. 17. Amount of Line 14 taxable at sibling rate X .12 17. 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. Under penalties of perjury, I declare 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 person responsible for filing the return is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE The PA Department of Revenue does NOT accept electronic signatures. Please sign your return. MM/DD/YYYY ADDRESS SIGNATURE OF PREPARER OTHER THAN PERSON RESPONSIBLE FOR FILING THE RETURN DATE The PA Department of Revenue does NOT accept electronic signatures. Please sign your return. MM/DD/YYYY ADDRESS 1505624205 1505624205 PAGE 2 Reset Entire Form RETURN TO PAGE 1 NEXT PAGE PRINT FORM |
Enlarge image | 1505624305 REV-1500 (EX) MOD 08-24 (FI) File Number DECEDENT’S COMPLETE ADDRESS Ü Decedent’s Name Street Address City State ZIP Code TAX PAYMENTS AND CREDITS 1. Tax Due (Page 2, Line 19) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 2. Prior Payments - Enter total payment amount on Line 2 (List each receipt number for prior payments) Receipt 1 Receipt 2 Receipt 3 Receipt 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Total Amount Paid 2. (If additional space is needed, attach a separate piece of paper) 3. Discount - Only if applicable (See Instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. 4. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 5. If Line 2 + Line 3 is greater than Line 1 + Line 4, enter the difference. This is the OVERPAYMENT. 5. Complete the OVERPAYMENT Section below 6. If Line 1 + Line 4 is greater than Line 2 + Line 3, enter the difference. This is the TAX DUE . . . . . 6. OVERPAYMENT: (select one oval) Leave overpayment on the account* Make check payable to: REGISTER OF WILLS, AGENT Issue a refund of the entire overpayment Issue a partial refund and leave the remaining amount on the account* . . . . . . . . . . Refund Amount $ Important: Estate refunds will be issued in the name of the estate and mailed to the correspondent on file at the time of issuance. If you are unable to cash a refund in the name of the estate or the refund should be mailed to another individual, a representative of the estate may request a change. See instructions for additional information. *The department will only maintain an overpayment for 3 years. MARK ALL OVALS THAT APPLY 1. Decedent made a transfer and: a. retained the use or income of the property transferred. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. retained the right to designate who shall use the property transferred or its income. . . . . . . . . . . . . . . . . . . c. retained a reversionary interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d. received the promise for life of either payments, benefits, or care. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. If death occurred after Dec. 12, 1982: Decedent transfered property within one year of death without receiving adequate consideration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. Decedent owned an "in trust for" or payable-upon-death bank account or security at his or her death . . . . . . . . 4. Decedent owned an individual retirement account, annuity, or other non-probate property, which contains a beneficiary designation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IF ANY OVALS ARE MARKED, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN 1505624305 1505624305 PAGE 3 Reset Entire Form PREVIOUS PAGE NEXT PAGE PRINT FORM |
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Enlarge image | Instructions for REV-1500 Pennsylvania Inheritance Tax Return Resident Decedent REV-1500 IN (EX) 08-24 IMPORTANT: All legal sized documents must be WHEN TO FILE reduced to 8 1/2 x 11 paper. Returns must be filed within nine months after the death of the decedent. Failure to file may subject the estate to a GENERAL INFORMATION penalty of 25 percent of the tax ultimately found to be due or $1,000, whichever is less. STATUTES AND GENERAL DESCRIPTIONS Pennsylvania inheritance tax is imposed by the Inheritance EXTENSION TO FILE and Estate Tax Act of 1991, which applies to estates of If the return cannot be filed within nine months from the decedents who died on or after Oct. 3, 1991. The 1991 Act decedent’s date of death, an extension to file may be [72 P.S. § 9101 et seq.] was amended in 1994, for estates requested from the Department of Revenue. Provide the of decedents who died on or after July 1, 1994 and again decedent’s name, county file number (if known), date of in 1995 for estates of decedents who died on or after Jan. death, Social Security number, and the reason for an 1, 1995. The PA Inheritance Tax was previously imposed by extension. The extension request must be made before the the Inheritance and Estate Tax Act of 1961, which applies return is due, and should be mailed to: to estates of decedents who died between Jan. 1, 1962, PA DEPARTMENT OF REVENUE and Dec. 13, 1982. The law was amended by Act 255 of BUREAU OF INDIVIDUAL TAXES 1982, which applies only to estates of decedents who died INHERITANCE TAX DIVISION-EXT between Dec. 13, 1982, and Oct. 3, 1991. Information on PO BOX 280601 applicability of inheritance tax to estates of decedents who HARRISBURG PA 17128-0601 died before Jan. 1, 1962, can be obtained from the Department of Revenue, Bureau of Individual Taxes. Or email the request to: RA-InheritanceTaxExt@pa.gov Inheritance tax is a tax on the right of succession or privi- Extensions will be granted for events beyond the control of lege of receiving property at a death, and it is imposed the estate such as litigation over assets and will disputes. upon the transfer of taxable property. The net value subject Extensions are not granted for events within the control of to tax is determined by subtracting from the value of the the estate such as a failure to collect the information need- gross estate the amount of approved deductions. ed to complete the return. A response will not be sent unless the extension request is rejected. WHO MUST FILE IMPORTANT: Granting of an extension to file does not relieve the estate from the payment of tax. An inheritance tax return must be filed for every decedent Interest will accrue beginning nine months and one day who has property which is or may be subject to tax. You from the decedent’s death on any tax ultimately found to be must file a return if you are: due and not timely paid. • The personal representative. The personal representa- tive (executor or administrator appointed by the Register WHERE TO FILE of Wills) of the decedent’s estate is the person responsi- The return is to be filed in duplicate with the Register of ble for filing the return and disclosing property of the Wills of the county in which the decedent was a resident at decedent that the personal representative has or the time of death. acquires knowledge of, or; • The transferee of property. The transferee of property should file a return if: no personal representative is FORMS AND SCHEDULES appointed, if the personal representative does not file a Forms and schedules are available on the department’s return, or if the personal representative files a return but does not include the subject property. website at revenue.pa.gov or by calling 1-800-362-2050. Services for Taxpayers with Special A “transferee” means any person to whom a transfer is Hearing and/or Speaking Needs: Dial 711 to use the made and includes surviving joint tenants, beneficiaries, Telecommunications Relay Service (TRS), a text-based heirs, legatees, devisees, grantees, assignees, and telephone option. donees. The return must disclose any asset in which or from which the transferee receives any ownership, interest, Large quantities of forms must be ordered by written income, possession or enjoyment, whether present or request from: future, and whether in trust or otherwise. Separate returns PA DEPARTMENT OF REVENUE are not to be filed by transferees for property included in a BUREAU OF ADMINISTRATIVE SERVICES personal representative’s return. The inclusion of property TAX FORMS SERVICES UNIT in the return does not constitute an admission that its trans- 1854 BROOKWOOD STREET fer is taxable. HARRISBURG PA 17104-2244 revenue.pa.gov REV-1500 1 PREVIOUS PAGE NEXT PAGE |
Enlarge image | A list of schedules and a brief description can be found on Minor Child’s Estate: 0 percent Page 7. Transfers from the estate of a child age 21 or younger to the child’s natural parent, adoptive parent, or stepparent TAXABLE PROPERTY are subject to a zero tax rate. In general, any items the decedent owned solely, as tenant- Parental Transfers to Minor Children: 0 percent in-common, jointly, or in trust are taxable unless specifically For dates of death on or after January 1, 2020, transfers to excluded by law. For additional information see instructions or for the use of a child twenty-one years of age or younger for Schedules A, B, C, D, E, F, and G for descriptions of tax- from a natural parent, an adoptive parent, or a stepparent able property. of the child are subject to a zero tax rate. ACTIVE-DUTY MILITARY MEMBER EXEMPTION Lineal Tax Rate: 4.5 percent The lineal tax rate is applicable for transfers to: Effective for estates of decedents dying on or after Grandfather, grandmother, father, mother, children, un- September 6, 2022, personal property that is transferred remarried wife and husband, or widower of a child, and lin- from the estate of a serving military member who has died eal descendants. “Children” includes natural children as a result of an injury or illness received while on active whether or not they have been adopted by others, adopted duty in the armed forces, a reserve component, or the children, and stepchildren. “Lineal descendants” includes National Guard, is exempt from inheritance tax. all children of the natural parents and their descendants, whether or not they have been adopted by others, adopted VALUATION descendants and their descendants, and step descen- Generally, valuation is based on the fair market value as of dants. the decedent’s date of death. Special rules apply to the val- Sibling Tax Rate: 12 percent uation of life estates and future interests created by a dece- The sibling tax rate is applicable for transfers to: Brothers dent. See the instructions for Schedules K and M for more or half-brothers, sisters or half-sisters; persons having at information. least one parent in common with the decedent, either by blood or by adoption. Transfers between stepsiblings are For estates of decedents dying on or after Jan. 1, 1995, subject to tax at the collateral rate. special rules exist for the valuation of a trust established for the sole use of the surviving spouse. See the instructions Collateral Tax Rate: 15 percent for Schedule O for further information. The collateral tax rate is applicable for transfers to all other beneficiaries. This includes but is not limited to transfers to Special rules also apply to the valuation of farmland. See or for the benefit of aunts, uncles, cousins, nieces, the instructions for Schedule A for further information con- nephews, friends, sister-in-law, brother-in-law, pets, and cerning the special farm use valuation and agriculture entities not classified as a charity. exemptions. Charitable Bequests It is important to note that Pennsylvania does not have a Transfers to exempt charitable organizations, exempt insti- tutions, and government entities are exempt from tax. six-month alternate valuation date similar to that found in the Internal Revenue Code. DOCUMENTATION REQUIREMENT DEDUCTIONS If the decedent died testate or had maintained an inter-vivos Funeral expenses, administrative costs, and debts owed by (living) trust, a copy of the will and/or trust document must be the decedent at the time of death are deductions allowed submitted with the return. Additional verification or documen- against the inheritance tax liability. See the instructions for tation on certain assets or deductions may be required by the Schedules H and I for descriptions of allowable deductions. Department of Revenue to complete the review of this form. The Department will request by letter, telephone, or email the information needed. Failure to provide the information will TAX RATES result in a delay of the processing of the return, or in the The law in effect at the date of death is what governs the issuance of an unfavorable assessment. tax rate. The following information is based on a date of Any supplemental information which the estate representa- death on or after July 1, 2000. Historical rates are located tive considers confidential should be submitted directly to: on page 8. PA DEPARTMENT OF REVENUE Spousal Tax Rate: 0 percent BUREAU OF INDIVIDUAL TAXES Any asset passing to a decedent’s spouse is taxed at 0 per- PO BOX 280601 cent. No common-law marriage contracted after Jan. 1, HARRISBURG PA 17128-0601 2005 shall be valid. Common-law marriages otherwise law- Include a statement that the documents are not part of the ful and contracted on or before Jan. 1, 2005 will be recog- public record. Confidential documents need not be nized when proved with sufficient evidence of its existence. attached to the return filed with the Register of Wills. If satisfactory evidence of the common-law marriage does FILING A FALSE RETURN not exist or the contract came into existence after Jan. 1, Any person who willfully makes a false return or report com- 2005 transfers to the surviving common-law spouse are mits a misdemeanor of the third degree, and fined twenty- taxable at the collateral, or 15 percent rate. five percent of the tax due or $1,000, whichever is less. 2 REV-1500 revenue.pa.gov PREVIOUS PAGE NEXT PAGE |
Enlarge image | PAYMENT OF TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE Tax on property transfered is due within nine months of the OF DEDUCTIONS, AND ASSESSMENT OF TAX decedent’s death. After a return is filed, the Department of Revenue issues a notice setting forth its valuation of the estate assets, allow- IMPORTANT: The granting of an extension to file the able deductions, and inheritance tax due. tax return does not extend the time for payment of the Notice of potential tax liabilities based on jointly held tax ultimately found to be due. assets, trust assets, or non-probate property are identified A 5 percent discount is allowed on the tax paid within three through the use of an eight digit number beginning with the months of the decedent’s death. No discount applies to any two digits representing the year in which the notice is orig- amount that may be subsequently refunded. inally issued. For example, all notices issued in 2020 will be numbered 20000001, 20000002, etc. Further information The discount is capped at 5 percent of the total tax due. In concerning the Transferee ID system may be obtained by order to calculate discount amount: contacting the Inheritance Tax Division at 717-787-8327. • If an underpayment was made, divide the payment IMPORTANT: Depending on the complexity of the made by 0.95. Example: tax due is $150, a payment return, an assessment may take three to six months made in the discount period is $100; $100.00/0.95 = from the date it was filed with the Register of Wills. $105.26 is the total of the payment and discount. REFUND • If the correct amount or overpayment was made, multi- If tax is overpaid when the return is filed, a refund may be ply the total tax due by 5 percent to calculate discount. requested by selecting the appropriate oval in the Example: total tax due is $200; $200x0.05 = $10 is the Overpayment section on Page 3 of the REV-1500. If this discount amount. oval is checked, the estate is not required to submit a sep- IMPORTANT: All checks must be made payable to arate application for refund. The department will issue a “Register of Wills, Agent” and presented to the refund check approximately six weeks after the return pro- cessing is completed. If the refund oval was not checked Register of Wills of the county where the decedent resided. when the tax return was filed, an “Application for Refund of The commonwealth places no limitation on tax liability until Pennsylvania Inheritance/Estate Tax” (REV-1313) must be a proper and complete return is made and the return is filed to request a refund of an existing tax credit reflected assessed by the Department of Revenue. on an official assessment notice. Refund applications should be directed to: NOTE: A prepayment of tax may be made at the PA DEPARTMENT OF REVENUE Register of Wills before the REV-1500 is filed. In BUREAU OF INDIVIDUAL TAXES writing, supply the Register with the decedent’s full name, INHERITANCE TAX DIVISION-REF date of death, and Social Security number along with the PO BOX 280601 prepayment. HARRISBURG PA 17128-0601 The application for refund period is three years. (See INTEREST Section 2181(d) of the 1991 Act, 72 P.S. § 9181(d)). Interest is charged beginning with the first day of delin- Should you believe that a refund is due as the result of an quency, or nine months and one day from the date of death, issue which had not previously been raised, and where the to the date of payment. The applicable interest rates (REV- statutory appeal provisions of Section 2186(a) of the 1991 1611) can be found by visiting the department’s online serv- Act, as amended, have expired, a petition for refund may ices at revenue.pa.gov. be filed with the Board of Appeals provided that all tax, penalty, and interest assessed were paid in full. Visit An interest and penalty calculator is available at revenue.pa.gov/taxappeals for more information. mypath.pa.gov. SUPPLEMENTAL RETURN FAILURE TO PAY A personal representative or transferee who acquires The tax imposed, together with any interest thereon, con- knowledge of additional assets, transfers, or deductions at stitute a lien upon real property, which remains in effect any time after the original return has been filed must until the tax and interest are paid in full. promptly file a supplemental return. The supplemental return should include only the additional assets, transfers, PETITION FOR CITATION or deductions. The law provides for the filing of a citation with the Court of Do not repeat any assets or deductions reported on Common Pleas, Orphans’ Court Division, to compel the fil- an original return or prior supplemental return. ing of the tax return or the payment of tax. It may be direct- ed to the personal representative or transferee and may A supplemental return may not be used to adjust or correct a previously filed return. If a correction is needed for an commence nine months after the date of death. The citation asset that was reported on a return, see “Administrative process may result in an order directing filing and payment, Corrections” below on how to request an administrative a contempt citation, and ultimately, additional fines and correction. If there is an error contained in an assessed imprisonment for failure to comply with the requirements of return that must be resolved see “Administrative the Inheritance and Estate Tax Act. See Section 2176 of the Corrections” or “Protest, Notice, or Appeal”. It is important Act of August 4, 1991, P.L. 97, No. 22 (72 P.S. §9176). to note that it is not possible to file an amended inheritance revenue.pa.gov REV-1500 3 PREVIOUS PAGE NEXT PAGE |
Enlarge image | tax return. When the value of an asset or deduction has (d) File an appeal to the Court of Common Pleas, Orphans’ been established by assessment notice from the depart- Court Division to have the correctness of the department’s ment, any discrepancy must be resolved either through the action determined at the “audit of the account” of the per- refund process or through the appeal process. sonal representative or at such time as the court shall fix. A copy of the appeal must be sent to: ADMINISTRATIVE CORRECTIONS PA DEPARTMENT OF REVENUE Obvious factual errors discovered on the assessment may OFFICE OF CHIEF COUNSEL be corrected administratively. Examples of correctable PO BOX 281061 errors include those made by the transposing of figures, HARRISBURG PA 17128-1061 mathematical errors, miscalculations, and obvious duplica- tion of assets. The estate must report such errors to the Department of Revenue by a letter which identifies the COMPLETING THE REV-1500 alleged error and the proposed correction. Any documenta- tion which supports the need for an adjustment to the PAGE 1 record must be submitted. Requests for administrative cor- rection should be directed to: DECEDENT INFORMATION PA DEPARTMENT OF REVENUE Decedent’s Social Security Number BUREAU OF INDIVIDUAL TAXES Enter the nine-digit Social Security number of the dece- POST ASSESSMENT REVIEW UNIT dent. PO BOX 280601 Date of Death HARRISBURG PA 17128-0601 Enter the month, day, and year of the decedent’s death. All other errors must be resolved in accordance with guide- lines outlined in the Protest, Notice, or Appeal section. Date of Birth Enter the month, day, and year of the decedent’s birth. The Pennsylvania Department of Revenue has a Taxpayers’ Rights Advocate who assists taxpayers with PA Decedent’s Name personal income tax and PA inheritance tax problems and Enter decedent’s last name, first name, and middle initial. concerns that have not been resolved through Decedent’s Spouse normal administrative procedures. It is the advocate’s If applicable, enter the decedent’s spouse's last name, first responsibility to ensure that the department provides equi- name, middle initial, and last four digits of the Social table treatment with dignity and respect. Security number. To contact the Taxpayers’ Rights Advocate, call 717-772-9347, email pataxadvocate@pa.gov, or write to: TYPE OF RETURN PA DEPARTMENT OF REVENUE Only select one oval for the type of return being filed. TAXPAYERS’ RIGHTS ADVOCATE Original Estate Return LOBBY STRAWBERRY SQUARE Fill in the oval if this is the first return filed for an estate and HARRISBURG PA 17128 no other asset or deduction has previously been submitted. PROTEST, NOTICE, OR APPEAL Supplemental Estate Return Any party not satisfied with the appraisement, allowance or Fill in the oval if the return is being filed to report additional disallowance of deductions, assessment of tax (including assets or deductions not reported on a prior return. discount or interest), or any other matter relating to the tax imposed may object by taking any of the following actions Individual-Transferee Return within 60 days of receipt of the notice to which objection is Fill in the oval if the return is being filed by an individual to made: report non-probate assets (Schedule F and G) that will not be reported on the estate return. (a) File a written protest specifying all objections with: PA DEPARTMENT OF REVENUE Remainder Return BOARD OF APPEALS Fill in the oval to report a future interest under a prior limited PO BOX 281021 estate. This oval is only applicable for dates of death prior to Dec. 13, 1982. HARRISBURG PA 17128-1021 The Board of Appeals does not accept facsimile or fax FILL IN THE APPLICABLE OVALS copies of petition forms. 1. Decedent Died Testate (b) File an appeal or intent to appeal online at Fill in the oval if the decedent died having a valid will which revenue.pa.gov/taxappeals. has been submitted to the Register of Wills for probate. A (c) Notify the Register of Wills in writing that you elect to copy of the will must be attached to the return. have the correctness of the department’s action deter- 2. Spouse is Sole Beneficiary mined at the audit of the account of the personal represen- (No Trusts Involved) tative. A copy of this election must be sent to: Fill in the oval if all assets pass outright to the surviving PA DEPARTMENT OF REVENUE spouse either through the will or as designated beneficiary. OFFICE OF CHIEF COUNSEL PO BOX 281061 NOTE: This oval should not be selected if any of the HARRISBURG PA 17128-1061 assets pass to a trust or other similar arrangement. 4 REV-1500 revenue.pa.gov PREVIOUS PAGE NEXT PAGE |
Enlarge image | 3. Litigation Proceeds Received CORRESPONDENT Fill in the oval if the estate received proceeds of litigation All requests for information and documentation from the more than nine months from the decedent’s date of death. department, including the tax assessment will be forwarded to this individual. 4. Federal Estate Tax Return Required Name Fill in the oval if the total assets reportable to the Internal Enter the first name and last name of the personal repre- Revenue Service required that a federal estate tax return sentative of the estate. be filed. A copy of the federal return (Form 706) must be filed with the Department of Revenue through the Register Phone Number of Wills office within one month of the filing of the federal Enter the daytime telephone number for the personal rep- return. resentative of the estate. 5. Agricultural Exemption Address Enter the complete address of the personal representative Fill in the oval to indicate that the decedent owned real of the estate. estate or agricultural commodity that qualifies for an Agricultural Exemption for dates of death on or after July 1, Email Address 2012. Enter the email address of the personal representative of the estate. NOTE: If this oval is selected you must include Schedule AU, REV-1197. PAGE 2 6. Family-Owned Business Exemption Decedent’s Social Security Number Fill in the oval to indicate the decedent owned business Enter the nine-digit Social Security number of the decedent. interest that qualifies for the Family-Owned Business Exemption for dates of death on or after July 1, 2013. LINE INSTRUCTIONS NOTE: If this oval is selected you must include Schedule C-SB, REV-571. 7. Business assets LINE 1 Fill in the oval if the decedent owned any business interest, Real Estate (Schedule A) including a sole-proprietorship held by the decedent. If the estate is required to complete REV-1502 Schedule A, enter the amount from the Total line of REV-1502 Schedule 8. Decedent Maintained Living Trust A on Line 1 of the REV-1500. Fill in the oval if the decedent, during his or her lifetime, If the estate is not required to complete REV-1502 transferred property to a trust and retained or reserved an Schedule A, leave Line 1 of the REV-1500 blank. interest or a power of appointment. A copy of the instrument must be attached to the return when filed. LINE 2 9. Future Interest Compromise Stocks and Bonds (Schedule B) Fill in the oval to request a compromise if the rate of tax If the estate is required to complete REV-1503 Schedule B, which will be applicable when a future interest vests cannot enter the amount from the total line of REV-1503 Schedule be established with certainty. This oval is applicable only for B on Line 2 of the REV-1500. an estate where the decedent died on or after Dec. 13, 1982. If the estate is not required to complete REV-1503 Schedule B, leave Line 2 of the REV-1500 blank. NOTE: If this oval is selected you must include Schedule M, REV-1647. LINE 3 10. Deferral/Election of Spousal Trust Closely Held Corporation, Partnership or Sole- Fill in the oval if the decedent created a trust or other simi- Proprietorship (Schedule C) lar agreement which qualifies as a sole use trust. The If the estate is required to complete REV-1504 Schedule C, estate may choose to defer the tax or elect to tax the trust enter the amount from the Total line of REV-1504 Schedule or other similar arrangement in this estate. C on Line 3 of the REV-1500. NOTE: If this oval is selected you must include If the estate is not required to complete REV-1504 Schedule O, REV-1649. Schedule C, leave Line 3 of the REV-1500 blank. 11. Total Number of Safe Deposit Boxes Enter the number of safe deposit boxes held by the dece- LINE 4 dent alone or jointly (except with a surviving spouse) that Mortgages and Notes Receivable (Schedule D) must be inventoried. For more information, see REV-584, If the estate is required to complete REV-1507 Schedule D, PA Inheritance Tax & Safe Deposit Boxes brochure and enter the amount from the Total line of REV-1507 Schedule REV-485, Safe Deposit Box Inventory. D on Line 4 of the REV-1500. revenue.pa.gov REV-1500 5 PREVIOUS PAGE NEXT PAGE |
Enlarge image | If the estate is not required to complete REV-1507 If the estate is not required to complete REV-1511 Schedule D, leave Line 4 of the REV-1500 blank. Schedule H, leave Line 9 of the REV-1500 blank. LINE 5 LINE 10 Cash, Bank Deposits, and Miscellaneous Personal Debts of Decedent, Mortgage Liabilities, and Liens Property (Schedule E) (Schedule I) If the estate is required to complete REV-1508 Schedule E, If the estate is required to complete REV-1512 Schedule I, enter the amount from the Total line of REV-1508 Schedule enter the amount from the Total line of REV-1512 Schedule E on Line 5 of the REV-1500. I on Line 10 of the REV-1500. If the estate is not required to complete REV-1508 If the estate is not required to complete REV-1512 Schedule E, leave Line 5 of the REV-1500 blank. Schedule I, leave Line 10 of the REV-1500 blank. LINE 6 LINE 11 Jointly Owned Property (Schedule F) Total Deductions If the estate is required to complete REV-1509 Schedule F, Add all deductions shown on Lines 9 through 10 together enter the amount from the Total line of REV-1509 Schedule and enter the total value here on Line 11 of the REV-1500. F on Line 6 of the REV-1500. If the estate is not required to complete REV-1509 LINE 12 Schedule F, leave Line 6 of the REV-1500 blank. Net Value of Estate Subtract Line 11 total deductions from Line 8 total gross IMPORTANT: The Separate Billing Requested oval assets and enter total net value of estate here on Line 12 must be checked to request the department to issue of the REV-1500. a separate tax notice for tax due on jointly owned assets directly to the surviving owner. All information requested on REV-1509, Schedule F must be completed, including the LINE 13 surviving joint owner’s address, in order for the Department Charitable and Governmental Bequests/Sec. 2113 to issue a notice. Do not include amount to be billed sepa- Trusts for which an election to tax has not been made rately on Line 6 of the REV-1500. (Schedule J) If the estate is required to complete REV-1513 Schedule J, LINE 7 Section II, enter the amount from the Total line of REV-1513 Schedule J, Section II, on Line 13 of the REV-1500. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) If the estate is not required to complete REV-1513 Schedule If the estate is required to complete REV-1510 Schedule G, J, Section II, leave Line 13 of the REV-1500 blank. enter the amount from the Total line of REV-1510 Schedule IMPORTANT: Do not include any amount passing G on Line 7 of the REV-1500. outright to spouse in Section II. If the estate is not required to complete REV-1510 Schedule G, leave Line 7 of the REV-1500 blank. LINE 14 IMPORTANT: The Separate Billing Requested oval Net Value Subject to Tax must be checked to request the department to issue Subtract Line 13 Charitable and Governmental a separate tax notice for tax due on transfers directly to the Bequests/Sec. 2113 Trusts for which an election to tax has surviving owner. All information requested on REV-1510, not been made from Line 12 net value of Estate and enter Schedule G must be completed, including the transferee’s total net value subject to tax on Line 14 of the REV-1500. address, in order for the department to issue a notice. Do not include amount to be billed separately on Line 7 of the TAX CALCULATION REV-1500. LINE 15 LINE 8 Amount of Line 14 Taxable at the spousal rate, or Total Gross Assets transfers under Sec. 2116(a)(1.2) or (1.4) Add all assets shown on Lines 1 through 7 together and Calculate the amount from Line 14 subject to tax at the enter the total value here on Line 8 of the REV-1500. spousal rate and enter the total value on Line 15 of the REV-1500. LINE 9 Funeral Expenses and Administrative Costs LINE 16 (Schedule H) Amount of Line 14 Taxable at the lineal rate If the estate is required to complete REV-1511 Schedule H, Calculate the amount from Line 14 subject to tax at the enter the amount from the Total line of REV-1511 Schedule lineal rate and enter the total value on Line 16 of the H on Line 9 of the REV-1500. REV-1500. 6 REV-1500 revenue.pa.gov PREVIOUS PAGE NEXT PAGE |
Enlarge image | LINE 17 LINE 4 Amount of Line 14 Taxable at the sibling rate Interest Calculate the amount from Line 14 subject to tax at the sib- Calculate any interest that may be due do to late filing (see ling rate and enter the total value on Line 17 of the REV- Payment of Tax). 1500. LINE 5 LINE 18 Overpayment Amount of Line 14 Taxable at the collateral rate If Line 2 + Line 3 is greater than Line 1 + Line 4, enter the difference on Line 5 of the REV-1500. If an overpayment Calculate the amount from Line 14 subject to tax at the col- exists, complete the Overpayment Section. lateral rate and enter the total value on Line 18 of the REV- 1500. LINE 6 LINE 19 Tax Due If Line 1 + Line 4 is greater than Line 2 + Line 3, enter the Tax Due difference on Line 6 of the REV-1500. Add the amount from Lines 15 through 18 and enter the total value on Line 19 of the REV-1500. Overpayment If an overpayment exists on Page 3, Line 5 of the REV- Signatures 1500, fill in the oval that best describes how the overpay- When the return is complete and contains all necessary ment should be issued. If you choose to leave the overpay- schedules, the person(s) responsible for filing must sign, ment or part of the overpayment on the account, the over- address, and date the return. If there is no personal repre- payment must be used within 3 years. sentative, every person in actual or constructive posses- Refunds will be issued in the name of the estate and mailed sion of any property of the decedent is considered, by law, to the correspondent on file at the time of issuance. If a a fiduciary for the purposes of the tax and must file a return. refund is requested and should not be issued in the name of the estate or should be mailed to another address, a CAUTION: Those signing the return are legally letter from the estate representative must be included with responsible and may incur liability for erroneous, the return. A request for the issuance of a refund to a payee false, or fraudulent returns. other than the decedent’s estate should include the name, If the estate representative(s) secured help in preparing the address, and Social Security number or FEIN of the payee. return, the preparer must complete their signature, If the estate has received a refund that the representative address, and date the return. is unable to cash, contact the Department by calling 717-787-8327. PAGE 3 Mark all ovals that apply If any of the ovals are marked, a REV-1510, Schedule G Decedent’s Complete Address must be completed and submitted with the REV-1500. Enter the complete address where the decedent resided on the date of death. LIST OF SCHEDULES TAX PAYMENTS AND CREDITS IMPORTANT: Attach only appropriate schedules based upon the assets and debts and deductions of LINE 1 your particular estate. Do not submit blank schedules. Tax Due Schedule A, REV-1502 – Real Estate Enter the amount from Line 19, Page 2 on Line 1. Report all Pennsylvania real estate held by the decedent solely or as tenant-in-common. LINE 2 Schedule AU, REV-1197 – Agricultural Use Exemptions Credits/Payments Report a claim for an exemption for real estate pursuant to Prior Payments - Enter the receipt number(s) for prior pay- either the “business of agriculture” exemption or the “farm- ments made with the Register of Wills. Enter the total land-other” exemption under Act 85 of 2012. amount paid on Line 2. Schedule B, REV-1503 – Stocks and Bonds Report all stocks and bonds held by the decedent solely or LINE 3 as tenant-in-common. Discount Schedule C, REV-1504 – Closely-Held Corporation or If a payment was made within three months of the dece- Sole Proprietorship dent’s date of death, calculate the discount (see Payment Report all business interests, including a sole proprietor- of Tax) and enter on Line 3 of the REV-1500. ship held by the decedent. revenue.pa.gov REV-1500 7 PREVIOUS PAGE NEXT PAGE |
Enlarge image | Schedule C-SB, REV-571 – Family-Owned Business Schedule M, REV-1647 – Future Interest Compromise Exemption Report all future interests where the rate of tax that will be Report a business interest for which you are claiming an applicable when the future interest vests in possession and exemption under Act 52 of 2013. enjoyment cannot be established with certainty. Schedule D, REV-1507 – Mortgages and Notes Schedule O, REV-1649 – Deferral/Election of Spousal Receivable Trusts Report all mortgages and notes receivable owed to the Report all sole use trusts for which you are choosing to defer decedent. the tax until the death of the surviving spouse or electing to tax the trust or other similar arrangement in this estate. Schedule E, REV-1508 – Cash, Bank Deposit, & Misc. Personal Property TAXPAYER SERVICE & ASSISTANCE Report all gross probate estate assets not reportable under any other schedule. ONLINE SERVICES Schedule F, REV-1509 – Jointly Owned Property Online Customer Service Center: revenue.pa.gov Report all property in which the decedent held an interest You can find answers to commonly asked questions by as joint tenants with right of survivorship. using the department’s Online Customer Service Center. Use the Find an Answer feature to search the database of Schedule G, REV-1510 – Inter-Vivos Transfers & Misc. commonly asked questions. If you do not find your answer Non-Probate Property in this area, you may submit your question to a customer Report all transfers made by decedent during life, by trust service representative. or otherwise, to the extent that they were made without valuable and adequate consideration in money or money’s Online: revenue.pa.gov worth at the time of the transfer. Pennsylvania inheritance tax forms, schedules, brochures, and other information are available on the department’s Schedule H, REV-1511 – Funeral Expenses and website. Administrative Costs Report any expenses incurred by administering the estate. Email Requests for Forms: ra-forms@pa.gov Schedule I, REV-1512 – Debts TELEPHONE SERVICES Report all valid debts of the decedent owed at the time of Taxpayer Service and Information Center death including all mortgages and liens on real estate. Call 717-787-8327 for Pennsylvania inheritance tax help from 7:30 AM to 5:00 PM. Schedule J, REV-1513 – Beneficiaries Report all beneficiaries and their relationship to the dece- Services for Taxpayers with Special Hearing and/or dent. Speaking Needs: Schedule K, REV-1514 – Life Estate, Annuity, and Dial 711 to use the Telecommunications Relay Service (TRS), a text-based telephone option. Term Certain Report all presently vested life estates, annuities, and Language Services terms certain created by the decedent for which valuations Non-English-speaking taxpayers can receive assistance must be actuarially determined. from the department through an interpretation service. HISTORICAL TAX RATES Effective as of Date of Death Spouse Lineal Sibling Collateral* 4/07/1826 to 4/22/1846 0% 0% 2.5% 2.5% 4/23/1846 to 7/10/1917 0% 0% 5% 5% 7/11/1917 to 5/04/1921 2% 2% 5% 5% 5/5/1921 to 12/10/1951 2% 2% 10% 10% 12/11/1951 to 12/29/1967 @ 4pm 2% 2% 15% 15% 12/29/1967 after 4pm to 6/30/1994 6% 6% 15% 15% 7/1/1994 to 12/31/1994 3% 6% 15% 15% 1/1/1995 to 6/30/2000 0% 6% 15% 15% 7/1/2000 to Present 0% 4.5% ** 12% 15% * Until May 31, 1957, charities were considered collateral beneficiaries. ** Effective July 1, 2000, transfers from a child, age 21 or younger, to a natural or adoptive parent or stepparent are at a zero tax rate. For dates of death on or after January 1, 2020, transfers to or for the use of a child, age 21 or younger, from a natural or adoptive parent or a stepparent of the child are at a zero tax rate. 8 REV-1500 revenue.pa.gov PREVIOUS PAGE RETURN TO PAGE 1 |