GST-Applicable Tax Codes
Transactions posted to the tax codes listed below may be GSTs. Distributions made to a skip person for qualifying educational or medical expenses (which are posted to tax codes 301 through 304, 337 through 339, and 390) are not GSTs and are excluded from Form 706-GS(D-1).
Tax Code | Description |
|---|---|
140 | Tax Letter Fee |
149 | Beneficiary Distributions |
305 | State & Local Income Taxes |
306 | Real Estate Taxes |
307 | Personal Property Taxes |
308 | Other Misc. Taxes |
309 | Home Mortgage Interest |
310 | Other Interest Expense |
311 | Cash Contributions |
312 | Tax Preparation Fees |
313 | Other Miscellaneous Expenses |
314 | Other Disbursements |
316 | Federal Estimated Tax Payments |
317 | State Estimated Tax Payments |
319 | Mortgage Payments |
320 | Legal Fees |
321 | Payments for Personal Gifts |
322 | Employers Social Security Taxes Paid |
326 | IRA/Keogh Contributions |
327 | Alimony Payments |
329 | Child Support Payments |
330 | Non-Cash Contributions |
333 | Rental Expenses |
335 | Federal Income Taxes |
341 | Federal Tax Withheld for FATCA |
342 | Federal Income Tax Withheld for NRA |
345 | Mass 1-ES Estimate Payment Distribution |