Download fillable form rev1500 in pdf the latest version applicable for 2020. All real property owned solely or as a tenant in common must be reported at fair market value. Inheritance tax return pa department of revenue pa. Use rev 1514 schedule k to report all presently vested life estates, annuities and terms certain created by the decedent for which valuations must be actuarially determined. The updated form name will keep the printonly format. In pennsylvania, inheritance tax owed can be filed using a form rev 1500. Until such time as that is fixed, this site will link to relevant information. Pennsylvania inheritance tax return resident decedent rev 1500 step 1. Pennsylvania inheritance tax 39 free templates in pdf.
The inheritance tax return was previously available as the rev 1500. The advanced tools of the editor will guide you through the editable pdf template. On the first page, enter the social security number. Fill out the inheritance tax return resident decedent pennsylvania.
The tax update is a bimonthly enewsletter published by the pennsylvania department of revenue. What is the file number for completing the inheritance tax return rev1500. For additional information on the listed items, contact the sers office of communications and policy by calling 717 7879657. If the answer is no, use the rev 1543 to pay the tax you owe. The new version is designed to enhance processing efficiency. Pennsylvania decedents, the inheritance tax division has recently revised the rev 1500, inheritance tax return to meet the criteria for imaging, an innovative method of storing and retrieving records. Inheritance tax forms pennsylvania department of revenue. Rev 1501 ex 0406 instructions for form rev1500 pennsylvania inheritance tax return resident decedent a message from the secretary this comprehensive instruction booklet is designed to provide the information necessary to complete the pennsylvania inheritance tax return for the estates of most resident decedents. Large quantities of forms must be ordered by written request from. Rev 1500 instructions instructions for form rev 1500 pa inheritance tax. The pennsylvania small estate affidavit is for use when a decedent has died with.
A spreadsheet may also be created, using rev 39 as a guide. Forms and publications pennsylvania department of revenue. An executor files a pa inheritance tax return form. Pennsylvania department of revenue instructions for rev 1500 pennsylvania inheritance tax return resident decedent rev 1500 in ex 0319 important. This document is found on the website of pennsylvania s commonwealth enterprise portal, which houses all government documents related to the state. Rev 1500 inheritance tax return pa resident decedent rev 1501 instructions for rev 1500. Form rev1500 inheritance tax return resident legal forms. All legal sized documents must be reduced to 8 12 x 11 paper. How to prepare a pennsylvania inheritance tax return. Proudly founded in 1681 as a place of tolerance and freedom. The inheritance tax return was previously available as the rev1500. Instructions for form rev1500 pa inheritance tax return.
If filing by paper, use a medium point black ink pen on all forms or have them typed. Form rev1500 fillable inheritance tax return resident decedent all forms fillable on windows, mac, android tablets, and ipad using adobe reader xi download form rev1500 view all 2014 pa pennsylvania tax forms correspondent name 1 a yesno. Harrisburg, pa representatives from the department of revenue will. Furthermore, this exemption can be taken as a deduction on line 3 of schedule h of the pennsylvania inheritance tax return form rev 1500.
Inheritance tax return resident decedent rev 1500 this is a pennsylvania form that can be used for department of revenue within statewide. I am filing a pa inheritance tax return form rev 1500 for a taxpayer who was one of several beneficiaries of his grandmothers estate. The inheritance tax return forms, rev 1500, resident decedents, or rev 1737 nonresident decedents, can be used for all estates, regardless of the date of death of the decedent. Free pennsylvania small estate affidavit form pdf word.
Forms and schedules forms and schedules are available on the departments website at. But if that happened, it would be the taxpayers fault, not the commonwealths. Requests for payment of medical bills shall be made either on the hcfa form 1500 or the ub92 form, or any successor forms required by hcfacms. Estate of enter the complete name of the estate as shown on rev 1500, pennsylvania inheritance tax return. List the appropriate county on the forms when requested. An officer or a representative of the corporation must complete and sign the form. This comprehensive instruction booklet is designed to provide the information necessary to complete. So, if you receive a rev 1543, its up to you to find out whether theres an estate thats going to report the account on its rev 1500 and pay the tax. Both versions of some forms will still appear on the departments. These same forms can be printed as blank forms for handwritten entries. Rev 487 entry into safe deposit box to remove a will or cemetery deed.
Pa inheritance tax return resident decedent rev1500. Pennsylvania inheritance tax return resident decedent. We last updated pennsylvania form rev 1200 in february 2020 from the pennsylvania department of revenue. Rev 516 notice of transfer for stocks, bonds, securities or security accounts held in beneficiary form. The way to complete the online pa rev 1500 form instructions on the internet. Quickly turn any completed form into a pdf for easy transmittal. Search the help section for faqs and howto guides for common actions. Rev1500 inheritance tax return resident decedent free. Fair market value is defined as the price at which property.
The rev1500 is the return that the personal representative. The petition form and schedule are available on the boards online petition center at. If you have any questions about the rev 1500 or the family exemption you should contact gregory j. If the pennsylvania tax unit exemption certificate box is checked the exemption certificate will only be valid for a single transaction. It will arrive in triplicate as a form rev1543, which is essentially an inheritance. It will arrive in triplicate as a form rev 1543, which is essentially an inheritance tax return for only one asset. The pa department of revenues website is somewhat of a discombobulated mess. We will update this page with a new version of the form for 2021 as soon as it is made available by the pennsylvania government. Free tax help available at community centers in western pa. This form is for income earned in tax year 2019, with tax returns due in april 2020. If you have any inheritance tax questions, please contact the department of revenue. His portion of the inheritance was an annuity his grandmother owned. What are the filing requirements for inheritance tax. Pa rev1500 inheritance tax form and iras i am executor of my fatherinlaws estate.
Since january 1, 1997, the department requires prepayment of a fee for certain types of assistance in the valuation of assets. Pennslyvania state inheritance tax preparation software completes rev 1500 and pa 41 and supporting forms. Schedule b stocks and bonds rev 1503 this is a pennsylvania form that can be used for department of revenue within statewide. Workers compensation forms pennsylvania department of.
Inheritance tax form rev1500 must be attached to the small estate. Fillin and printonly forms information pa department of revenue. I am filing a pa inheritance tax return form rev1500. If there are other joint owners, each should get the form rev 1543 for their percentage ownership share. Form rev1500 fillable inheritance tax return resident. Statutes and general descriptions pennsylvania inheritance tax is. All petitions must be signed by the petitioner or authorized. Find thousands of answers to taxrelated questions in the departments online customer service center.
Visit the register of wills office at the county courthouse of the deceased. Is the pa inheritance tax liability considered a debt of the. What is the family exemption on the pennsylvania rev1500. This form is now combined and labeled as the rev 1500. Rev 1501 ex 0406 instructions for form rev 1500 pennsylvania inheritance tax return resident decedent a message from the secretary this comprehensive instruction booklet is designed to provide the information necessary to complete the pennsylvania inheritance tax return for the estates of most resident decedents. Instructions for pennsylvaniaform rev 1220 see form rev 1220 attached pa 1 the state or local sales and use tax box must be checked. The memorandum of real esta te outside the commonwealth of pennsylvania may, at the election of the personal representative, include the value of each item, but such figures should not be extended into the total of the inventory. The fifth checkbox is e asset will be reported on inheritance tax form rev 1500. An executor files a pa inheritance tax return form rev1500 with the register of wills. Form rev1500 download fillable pdf or fill online inheritance. Services for people with special hearing andor speaking needs are available at 18004473020. If there are multiple accounts for which you are a joint owner, you should get a form rev 1543 for each one.