BNA Estate and Gift Tax 709 Preparer.

BNA Estate & Gift Tax™ 709 Preparer simplifies preparation of gift tax returns, saving you time and effort while ensuring accuracy. You’ll complete returns faster and with greater confidence, while streamlining and improving client communications with automated letters and reports about the client’s return.

Features & Benefits

  • Easy to Use with All Your Favorite Features – Data entry is simple and intuitive because you see the data on the form as you enter it. When data is entered, the program guides you through the form, automatically filling in appropriate schedules – subtotals are automatically posted back to the original schedule. Use favorite features like cut and paste, spell-check, and sticky notes. You also have right-click access to line-by-line IRS instructions, Help, and diagnostics tools.
  • Comprehensive Calculations Do The Heavy Lifting – Calculates split gifts accurately with automatic posting of gift information and direct import from the spouse’s 709 return. There’s automatic support for marital deduction and the software supports generation-skipping transfers (GST).
  • Time-Savers Enhance Your Efficiency – Imports prior year data, transferring to supporting forms as necessary. The program automatically allocates annual exclusions and The Allocation of Annual Exclusions report shows in detail how the limitation of the annual exclusion is applied when there are multiple gifts or large gifts to a donee. Customizable user preferences include the ability to create templates and return sets that include predetermined forms, schedules, and reporting options.