Get Pa Rev 1508 2015-2024

Properties that are eligible for inheritance tax in Pennsylvania. All the decedent's tangible property, including but not limited to cash, furniture, automobiles, jewelry, antiques and more that are located within the state of Pennsylvania at the time of the decedent's passing, are eligible for inheritance tax.

Schedule E: Cash, Bank Deposits, & Misc. Personal Property • List anything the decedent owned at his/her date of death, in addition to the property you are inheriting, such as goods, cash, or bank accounts.

Is the PA inheritance tax liability considered a debt of the decedent? No, the payment of inheritance tax is not an allowable deduction.

Deliver your return and payment to the Inheritance Tax Department. You can either file your return in person or by mail. You'll need to submit two completed copies of your return, along with your payment. To drop off your forms in person, you must schedule an appointment.

An inheritance tax return must be filed for every decedent (or person who died) with property that may be subject to PA inheritance tax. The tax is due within nine months of the decedent's death.

Use PA-40 Schedule E to report the amount of net income (loss) from rents royalties, patents and copyrights for indi- vidual or fiduciary (estate or trust) taxpayers. Refer to the PA Personal Income Tax Guide – Net Income (Loss) from Rents, Royalties, Copyrights and Patents sec- tion for additional information.