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Any person (donor) can give any other person (donee) any amount of money that the donor chooses. However, if it is more than $12,000 per year, per donee, a gift tax will be due. A US citizen or resident has a gift tax credit of $345,800, which "pays" the tax on the first $1 million in gifts during a donor's lifetime. The credit is nonrefundable (darn it!) and is "wasted" if not used.
What else can I help you with?
What strategies can adolescences and senior citizens use to deal with physical changes?
Try to consult help from others such as teachers, doctors or family members
Is a Beagle dog a family dog for senior's?
It can be a dog for anyone not just senior citizens :)
Which city in Ireland has the most senior citizens?
As Dublin is the largest city, with the largest overall population, it also has the largest amount of senior citizens.
What act protects senior citizens?
Senior Citizens' Equity Act
What is senior citizens tube pass?
its a cheaper pass for Senior citizens
What is the favorite music of senior citizens?
Senior Citizens like classical, or jazz.
are there in grants for senior citizens to attend college ?
are there in grants for senior citizens to attend college? ”
Do you capitalise senior citizens?
No, senior citizens does not require capitalization, unless senior is the first word in a sentence.
When was Senior Citizens Party created?
Senior Citizens Party was created on 2004-01-22.
How can we learn about travel tours for senior citizens?
You can find out about travel tours for senior citizens. You can go to the Senior Citizen Journal at www.seniorcitizenjournal.com to learn about tours. You can find information at www.goodseniorliving.com/travels/senior-citizens-travel-tours.php.
What consumers purchase Depends?
Usually senior citizens, or other adults, probably buying them for senior citizens.
Who is the Minister for Senior Citizens for New Zealand?
Jo Goodhew is the Minister for Senior Citizens for New Zealand.
