709 Gift Tax Ensure compliance with our 709 gift tax return software for trusts and estates

The 709 module handles:

  • Net gifts
  • Calculation of the generation-skipping tax on direct skips
  • Import information from the donor’s (and consenting spouse’s) prior returns to get started
  • Split Gifts: prepare both the donor’s and consenting spouse’s returns simultaneously.
  • Crummey trust gifts
  • And much more

The 709 gift tax module also includes a reconciliation of annual exclusions report and an interest and penalty calculation.

Our 709 Gift Tax return software can be used as a standalone product, or integrated with other ONESOURCE Trust & Estate Administration modules