By treating it as a split gift, you can completely shelter the gift with your $14,000 exclusion plus your spouseâs $14,000 exclusion. That way no gift tax is due, and the gift doesn't reduce the $5.43 million lifetime gift tax exemption in effect for 2015 or the estate tax exemption for you or your spouse. If you choose to make a split gift, you must file Form 709, and your spouse must consent to the arrangement.
Some services that require additional costs are obtaining insurance on the piano, moving the piano up steps and lifting the piano through a window. Cost Breakdown. 1  Local moves typically cost from $125 to $250 for an upright piano to $600 for a grand or baby grand.2  Long distance moves range from $700 to $2000, but distance and the accessibility of beginning and end locations make this price estimate fluctuate wildly.f it a baby grad piano then it will cost more since it will require more men power to move it. Reply. June 15, 2012 at 9:05 am, Washington DC said: Moving a piano can be really tricky if you donât know what exactly you are doing.
1 Costs vary by piano moving company and run $7-$10 per $1,000 of value. 2  When a piano is moved as part of an entire household, the insurance rate may be about $3.50-$4 per pound. 3  An average upright weighs 550 pounds, a baby grand 600 pounds and a grand 820 pounds. A 21x62 window opening is needed for a grand piano. 2  Insurance to cover the piano move should be high enough to cover its full replacement. 3  Costs vary by piano moving company and run $7-$10 per $1,000 of value. 4  When a piano is moved as part of an entire household, the insurance rate may be about $3.50-$4 per pound.