In 2015, a taxpayer can give up to $14,000 per person per year without being taxed on the gift. For example, this year you could give Friend A $14,000, Friend B $14,000, and your sister $14,000 and not be taxed on your gifts.lso, another way for parents to avoid the gift tax is to remember that each parent is entitled to their own individual $14,000 exclusion. This means that your mother and father could each give you $14,000 this year â for a total of $28,000 â without being taxed on that gift.
The IRS erroneous refund revival theory would allow the IRS to administratively collect all $2,000 of the erroneous refund to Alex, $4,000 of the $7,000 erroneous refund to Blair, and $4,000 from Cody (the $2,000 erroneous refund and the $2,000 unpaid on the original assessment).
My situation is the same I filed online with h & r block and wed will make 21 days and my status still says processing. It gas never taken this long this year is really bad for the IRS. The irs is super backed up this yr..previous years i would get my refund like 10 days later. Give it 21 days and if you dont receive anything within that time then call. It takes 2-3 week if you electronically file your tax return. You can check IRS website to check your refund status.