Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 29, 2024 8:47:21 PM

Form 709 Unsupported

Why doesn't TT support Form 709?

0 3 804
3 Replies
Level 15
Mar 29, 2024 10:15:33 PM


@john5408 wrote:

Why doesn't TT support Form 709?


Form 709 is, basically, used to report transfers subject to the federal gift and GST tax while TurboTax is designed for federal and state income tax preparation (the former has nothing to do with the latter). 

 

For that matter, TurboTax does not support Form 706.

Level 15
Mar 30, 2024 12:21:47 AM

For the same reason not all tax forms are supported for individual and business returns and only a few local tax forms are available. Few users vs the cost of programming, maintaining, supporting and earning a profit on those services.  

Level 15
Mar 30, 2024 7:14:52 AM


@Mike9241 wrote:

...Few users vs the cost of programming, maintaining, supporting and earning a profit on those services.  


Quite true and this board is already replete with complaints from users who have to pay an additional fee to file their state return using one of the online products.