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Consent to Disclose tab (1040)

Use this dialog to enter information to prepare the Consent to Disclose Tax Return Information to be used for all 1040 tax returns. When using this option, you do not have to access every client to enter consent information. To print a Consent to Disclose with Client Organizer, choose Setup and then 1040 Individual, select the Organizer tab, select the Consent button, and select the Consent to Disclose tab. Use the Document Editing window to create and modify all client documents including consent letters, transmittal letters, filing instructions, custom paragraphs, and invoices.
To view this tab, choose Setup and then 1040 Individual, select the Federal tab, select the Other Return Options button, then select the Consent to Disclose tab.
IRC Section 7216 requires preparers to receive consent from their clients to disclose or use their tax information for purposes other than preparing their tax return, and in certain limited situations, for purposes involving tax return preparation. This includes using "third party" return data entry services; offering Electronic Refund Disbursement Services from Refund Advantage or EPS Financial; or products or services such as mortgage loans, mutual funds, individual retirement accounts, and life insurance.
Thomson Reuters cannot provide tax preparers with legal advice on these provisions. We strongly recommend that you seek counsel from your own legal advisor as to the specific consequences to, and requirements for, tax preparers regarding IRC Section 7216 and the regulations. This would include seeking counsel prior to using any data mining searches for anything other than the preparation of tax returns, to ensure you are in compliance with all applicable laws and regulations.

Fields & buttons

Mark this checkbox to activate the fields to create a Consent to Disclose and have it print with the tax return. If this field is not marked, consent to disclose information will not print with 1040 tax returns unless entered on the Consent Screen in the General folder. This option is not enabled by default.
Consent to Disclose group box
Enter information in this section to prepare the Consent to Disclose Tax Information.
Choose Yes or No to indicate whether or not the disclosure of tax information is in a tax preparation or auxiliary service context. The choice in this field will produce the appropriate language required on the consent document. An entry in this field is required to print a Consent to Disclose.
Choose Yes or No to indicate if the recipient or recipients are located outside of the United States. If there is more than one recipient, choose yes if any of the recipients are located outside of the United States. The choice in this field will produce the appropriate language required on the consent document. An entry in this field is required to print a Consent to Disclose.
Enter the date the consent will expire. All consents will include an expiration date of "One year from signature date" if no expiration date is specified. To save the date within the dialog, select the date from the attached calendar and press the Tab key.
Indicate up to four specified recipients of the taxpayer's tax information. An option to affirmatively select each recipient will be printed on the consent form.
Related topic:
  • 1040 Federal tab

This article applies to:

  • Product: UltraTax CS
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