Setting Up a Recipient as a Skip Person
In ONESOURCE Trust Tax, you can set up a recipient as a skip person using the
Generation Skip Person
drop-down list under the Recipient Information
collapsible section on the Recipient Detail page. The skip person identifier can also be included on Record 2, position 284 in the monthly data bridge file that is transmitted to ONESOURCE Trust Tax by your trust accounting vendor. The following table provides a description for each recipient-level numeric code and the corresponding identifier:Numeric code | Skip Person Identifier | Description |
|---|---|---|
BLANK | In the monthly data bridge file only, BLANK means that there is no update for an existing recipient. For a new recipient, the default is Not Reviewed. | |
0 | Not Reviewed | This is the default. note
Review any recipients that have this identifier to determine whether they should be set up as skip persons. |
1 | Yes | Indicates that the recipient is a skip person. |
2 | No | Indicates that the recipient is not a skip person. |
To set up a recipient as a skip person:
- Open the trust that has the recipient you want to set up as a skip person.
- Select theRecipientsmain topic.
- In the grid under theRecipient Listingcollapsible section, select the recipient's name.
- SelectYesfrom theGeneration Skip Persondrop-down list.
- SelectSave.