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.
Confidence votes 15.2K. It is widely accepted that spaghetti originated in China following Marco Polo's travels to the country. What is for sure is that commercial contact with China during the Renaissance period did encourage the cooking of noodle type pasta into Italy.ahahahh(After editing: The origins of the word spaghetti is actually because during the Middle Ages, a Norman king saw the people making thin strips out of flour and water wh â¦ ich people called atriya and eventually people called it trii. In Southern Italy, spaghetti is still referred to as trii.).