Enter gift information for Schedule A

The gift information you enter on the
Gift
and/or
G529
screen determines how the information displays on Schedule A for each return.
  • Enter
    1
    (donor),
    2
    (spouse), or
    3
    (joint) in the
    Given by
    field on the
    Gift
    screen or
    G529
    screen. If you leave this field blank, the field defaults to donor. The gift information displays in the upper portion on the Schedule A prepared for the selected party's return.
  • To indicate that the donor or spouse contributed half of the gift, enter
    X
    in the
    Elect gift splitting
    field on the 709 screen. The other's return will report the value of the transfer.
    The following table shows how gift splitting information displays on each Schedule A.
    Return
    Entry in the Given by field
    Section of Schedule A
    Donor
    Donor (1)
    Upper portion
    Donor
    Spouse (2)
    Lower portion (gifts made by spouse)
    Donor
    Joint (3)
    Upper and Lower portion (gifts made by spouse)
    Spouse
    Donor (1)
    Lower portion (gifts made by spouse)
    Spouse
    Spouse (2)
    Upper portion
    Spouse
    Joint (3)
    Upper and Lower portion (gifts made by spouse)
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