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Generation 201 Generation Reporting and aristate & Member Training.PM.comPJM2011Agenda Generation Outage Reporting Objectives and Key Concepts Types of Outages Forecasted Planned Maintenance Unplanned/Forced

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What is generation 201?

Generation 201 is a form used by the IRS to report generation-skipping transfer tax.

Who is required to file generation 201?

Individuals or entities who made certain transfers subject to generation-skipping transfer tax are required to file generation 201.

How to fill out generation 201?

Generation 201 can be filled out online on the IRS website or by mailing a paper form to the IRS.

What is the purpose of generation 201?

The purpose of generation 201 is to report transfers subject to generation-skipping transfer tax in order to calculate and pay the appropriate tax.

What information must be reported on generation 201?

Generation 201 must include details of the transfer, the value of the transfer, and information about the parties involved.

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