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@emosteve5 wrote:
Why does TT fail to tell me that I need to file form 709 for 529 plan contributions?
TurboTax does not support Form 709; the form is not included in any TurboTax product.
I now understand that TT does not support this form. But I feel strongly that TT should at least ask enough questions so that the user can be advised whether or not they need to pursue it independently. Ignoring it is unacceptable.
@emosteve5 wrote:
I now understand that TT does not support this form. But I feel strongly that TT should at least ask enough questions so that the user can be advised whether or not they need to pursue it independently. Ignoring it is unacceptable.
I have to disagree. Although it would admittedly be nice to have, TurboTax is income tax preparation software which has absolutely nothing to do with gift and estate tax.
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