Financial gifts only have a tax implication if they cross a certain dollar threshold. For 2014 and 2015 tax returns, the annual gift tax exclusion is $14,000. If your parents gifted you less than $14,000 per person, you don't need to report the gift as income on your tax return.The $14,000 exclusion applies to each individual separately. That means your parents can give you up to $28,000 as a couple in a year, and you won't have to worry about tax implications.inancial gifts only have a tax implication if they cross a certain dollar threshold. For 2014 and 2015 tax returns, the annual gift tax exclusion is $14,000. If your parents gifted you less than $14,000 per person, you don't need to report the gift as income on your tax return.
The Origins Of Poutine Revealed Getting to the bottom of who invented Quebec`s cheesiest dish.
Horse Hair Pottery. Custom horse hair vase. Horse hair pottery originated in North America and is one of the few art forms that America can claim as their own. Native Americans created horse hair pottery to honor a great horse or to celebrate the birth of a new born horse.There is a story that the origin of horse hair pottery began when a long haired, Native American woman was removing a hot pot from her kiln and her hair accidentally brush the hot pot.She noticed that the scorched hair left a beautiful pattern on the surface of the pot.here is a story that the origin of horse hair pottery began when a long haired, Native American woman was removing a hot pot from her kiln and her hair accidentally brush the hot pot. She noticed that the scorched hair left a beautiful pattern on the surface of the pot.