No. Only donations to qualified charities are deductible, within limits. The threshold your addressing is that certain gifts to family and such, below 13K per person (in 2009, 12k per person in 2008), aren't TAXABLE (under gift tax laws) to the giver.
No...not deductible..if a dependent or not. It's a gift....as such, much morte than that and YOU could owe gift tax.
No, gift cards are not tax deductible for a business.
The giver is responsible for paying the gift tax.
The giver is responsible for paying gift tax, not the receiver.
Yes, if the gift exceeds the gift-giver's annual exemption of $15,000 per recipient, the gift giver must pay the gift tax.
If it is a gift from you to her, and YOU paid for it, if a tax is applied, you will pay it.
In most cases, the receiver of a gift does not have to pay tax on it. The giver is usually responsible for any gift tax that may apply.
In most countries it is the GIVER that is responsible for paying tax. However, if the gift is sent between countries, the recipient my have to pay the local import duties/vat as the giver is not in the jurisdiction of the local tax authorities.
No, it applies to anyone other than a tax-exempt charity.
Gift - no tax. Stock sale - tax on profit, if any. Type of tax depends on how long stock was held. IRA - if Roth, no effect on tax return. If traditional, may be deductible, depending on other factors. Money market - interest is taxable.
The recipient of a gift has absolutely no tax obligation under IRS code. Gifts are not considered income. § 102.
By "pre-inheritance" do you a gift from a person who has not died yet? If so, there is no tax to the recipient. The giver may or may not have to pay a gift tax, depending on the amount, the recipient, and how much the giver has previously given.