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Federal input screens

Screen 709 - General, Donor, Spouse, GST

General Information

Return or extension to calculate
Indicate which return or extension you want to generate.
Elect gift splitting
Enter
X
 to split all gifts given by the donor and spouse. Gifts split equally unless you enter
X
 in the
Exclude from gift splitting
 field on the Gift Screen or the G529 Screen. Gifts made from one spouse to the other cannot split. If a marital change occurred in the calendar year, only gifts made while married can be split.
Proforma all gift information to next year
Enter
X
to proforma gift information from the Gifts and G529 Screens to next year. You can use this field for returns in which the donor gives the same gifts each year. If you leave this field blank, gift information does not proforma from the Gift Screen and the G529 Screen to next year.
IRS may discuss return with preparer
If you leave this field blank, the boxes in the signature section of Form 709 will be blank. If you want all new clients to default to
1
 or
2
, choose Setup then 709 Gift Tax. Select the New Client Options button and select Yes or No for the
Taxing authority may discuss return with preparer (709 Screen)
 field.
Special processing
Enter IRS special processing information. The information you enter displays at the top of the return you are filing.

Donor Information

Citizenship, if other than United States of America
Only enter the country of citizenship if the country is
not
 the U.S.
Date of death if donor died during the current year
UltraTax CS uses this date and entries on Screen PayPen to calculate the due date of the return. If you enter the date of death for a married donor, the
Donor and spouse marital status, if not married all year
and
Date marital status changed in current year
fields in the Spouse Information section update automatically.
Daytime telephone number
This phone number displays on Form 2848, Form 8821, and Form 8822.

Spouse Information

Donor and spouse marital status, if not married all year
Select the applicable code for the marital status change, and enter the
Date marital status changed in current year
. If the donor is divorced and you only want to proforma the spouse next year, enter
X
 in the
If divorced, proforma spouse as donor next year
 field. If a return proformas after a taxpayer’s death, that taxpayer’s data is omitted.

Computation of Generation-Skipping Transfer Tax

Exemption allocated to transfers not shown on this return
To allocate the GST exemption to transfers made in prior years, enter information in the applicable statement dialog for this field.
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