The blocked caller goes to voicemail. And you can see a list of blocked calls by tapping the Voicemail option in the Phone app. For better protection get a Google Voice number. Blocked callers to a GV number get SIT tones that indicate that the number is not in service.he blocked caller goes to voicemail. And you can see a list of blocked calls by tapping the Voicemail option in the Phone app. For better protection get a Google Voice number. Blocked callers to a GV number get SIT tones that indicate that the number is not in service.
What happens if you exceed those limits? If you do, the gift would go toward reducing your lifetime gift exclusion of $5.34 million, which the IRS raised for 2014 from $5.25 million this year. Once a personâs lifetime exclusion is exceeded, a gift tax of up to 40 percent will apply to you or your heirs.
Annual Gift Exclusion. In 2014, you may give someone up to $14,000 in gifts before paying any gift tax. The $14,000 annual gift exclusion is a limit on nontaxable gifts per person, and you may give multiple people up to $14,000 each without incurring any tax liability.However, the amounts of your annual gift exclusions are limited to a lifetime total of $5,3400 ($10,680,000 for married couples for Tax Year 2014.Gift Splitting Married couples may split the value of gifts given together as a couple, which effectively doubles the annual gift exclusion for joint filers.owever, the amounts of your annual gift exclusions are limited to a lifetime total of $5,3400 ($10,680,000 for married couples for Tax Year 2014. Gift Splitting Married couples may split the value of gifts given together as a couple, which effectively doubles the annual gift exclusion for joint filers.