From: Lisa Date: Fri, 04 Nov 2005 Do we have to pay taxes on a gift of $100,000 from my parents for our first home? Do my parents have to pay tax on it? Answer Date: Mon, 07 Nov 2005 Hello Lisa, Gifts from family members aren't taxable income for income tax reporting.There is a federal gift tax system. Gifts of cash exceeding $11,000 per donor, per donee, per year are exempt from gift tax. For example, your parents can give a total of $44,000 to you and your spouse in one year and not be subject to tax.rom: Lisa Date: Fri, 04 Nov 2005 Do we have to pay taxes on a gift of $100,000 from my parents for our first home? Do my parents have to pay tax on it? Answer Date: Mon, 07 Nov 2005 Hello Lisa, Gifts from family members aren't taxable income for income tax reporting.
California has a high cost of living relative to other states, which means pay is high as well. As of May 2013, the US Bureau of Labor Statistics indicated the average annual salary for all jobs in California was $53,030. This pay was well above the national average for all positions of $46,440 per year.
In 2009, the average teacher salary in California was $60,583, considerably higher than the national average of $49,720. The national average was $48,353 in 2008, while California boasted an average of $60,250. California teacher salaries have increased by a total of 4.1 percent from 2007 to 2009.