Exclusions. The entire $50,000 you give isn't vulnerable to taxation. The IRS allows exclusions, a dollar limit you can give away tax-free. As of the 2012 tax year, the exclusion amount is $13,000 for each person you make a gift to.If you're married, you can double that: you and your spouse are each entitled to give away $13,000 per person.s of the 2012 tax year, the exclusion amount is $13,000 for each person you make a gift to. If you're married, you can double that: you and your spouse are each entitled to give away $13,000 per person.
As of 2016, TY Dolla Sign has an estimated net worth of $1.5 million. Tyrone was born on April 13, 1985, in Los Angeles, California. He grew up in a rough neighborhood and he was even involved in a gang which was called Bloods.
Damian Jr. Gong Marley is a reggae artist, with a net worth of $20 million. Damina Marley comes from a musical family and started building his net worth at the age of 13. Marley has won three Grammy awards, and he is the son of the late Bob Marley. He was born in Kingston, Jamaica, and his nickname Junior Gong cam about from his father's of Tuff Gong.