CRittenhouse
Level 1

I'm preparing a gift tax return for a client. We set up a trust for child and the client funded it with more than the $11.58 million exemption amount in 2020. The trust is an indirect skip (possibility to pass to future generations), and I am electing to make a Section 2632(c) election to treat the trust as a GST exempt trust. My tax software (ProSeries) has coded everything correctly; however, I cannot get the trust entry to appear on Schedule D (without a manual override) to trigger both a gift tax and GST tax calculation. Specific help on ProSeries is appreciated; however, I'm looking for broader underlying help about the 709 as to where this trust would be reported on Schedule D (since it pulls only from those gifts classified as direct skips).

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