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.
Tomatoes originated from the Andes, in what is now called Peru, Bolivia, Chile and Ecuador-where they grew wild. They were first cultivated by the Aztecs and Incas as early as 700 AD.2. Tomatoes didn t arrive in Europe until the 16th Century, although it is not known how. It has been said that they were brought back from Central America by Spanish Conquistadors Another legend suggests that two Jesuit priests brought them to Italy from Mexico. Others say Columbus brought the first tomato to Europe.