Your tax liability on gift amounts above your annual exclusion or your lifetime ceiling can be reduced by using the unified credit. It's called unified because it is one amount that can be applied against gift or estate taxes. For 2011, the unified credit was $1,730,000 per taxpayer in their lifetime.
Your legal birth date would be 1st March. You would still be 17 on 28th February-just as you would if it was a leap year. Therefore when 29th is skipped, your legal birthday falls on the next day after your last day of being 17. Also yes you can enter a bar at midnight, because once the clock turns to 12am, the day has changed. :). Aidan H Â· 4 years ago.
Even today, women continue the tradition of popping the question to their partners on February 29. Leap day is also St Oswald's Day, named after the Archbishop of York who died on February 29, 992. How many days are there in February? In a normal year, there are 28 days in February - while leap years are extended to 29. And a year is normally 365 days long, making a leap year 366 days. When is the next leap year? The last leap day fell on February 29 2016, and the next leap year is in 2020.