Sure ...Give me... blessings for you...
Why don't you have them check with their CPA? Anyone reading the IRS regulation would derive a yes answer. In fact it seems as if each parent could give each of you 13,000 for 26,000 each or a total 52,000. If they have a joint trust it could give each of you 13,000. That would be without setting off a gift tax. If they have that kind of money, they have a CPA. He would know the correct answer and provide guidance.
No deduction on your income tax return for gifts to anyone.
You could give an iPhone as a gift. It begins with the letter i.
Yes they can give a gift to another charity but I do not believe they can deduct the gift on their taxes.
present
You can only give a person one gift every 7 days.
Yankee candles are a gift. You could give a yoga video.
Yes, could buy an account and name it after them. You could then give them a card with the username+password as their gift. I personally would think this as the best gift ever!
21
Deffinitly!
The greatest gift is selflessness. In the Gift of the Magi depicts two people who love each other, experiencing the greatest gift by sacrificing what they love most to get the other person what they think they desire most. In the end they find that their sacrifice for one another was the greatest gift they could give and receive.
You need another GBA with the game that has the mystery gift option and you both use it.