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.
In 2014, you can give a lifetime total of $5.34 million in taxable gifts (that exceed the annual tax-free limit) without triggering the gift tax. Beyond the $5.34 million level, you would actually have to pay the gift tax.ifts subject to the gift tax. The following gifts are considered to be taxable gifts when they exceed the annual gift exclusion amount of $14,000 in 2014. Remember, taxable gifts count as part of the $5.34 million in 2014 you are allowed to give away during your lifetime, before you must pay the gift tax.