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Consent to Use tab (1040)

Use this dialog to enter information to prepare the Consent to Use 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 Use with Client Organizer, choose Setup and then 1040 Individual, select the Organizer tab, select the Consent button, and select the Consent to Use 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 Use 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 Use and have it print with the tax return. If this field is not marked, consent to use 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 Use group box
Enter information in this section to prepare the Consent to Use Tax Information.
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. In order to save the date within the dialog, select the date from the attached calendar and press the Tab key.
Enter the name of the third party if one is involved in the specific use of tax return information.
Indicate up to four specific uses of the taxpayer's tax information. An option to affirmatively select each use will be printed on the consent form. You must make an entry in one of these four fields to print a Consent to Use.

This article applies to:

  • Product: UltraTax CS
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