Step 3 - Prepare the sugar (or other sweetener) solution. Mangoes must be packed in a solution of water and sugar or fruit juice. It's up to you which to use. Sugar is added to improve flavor, help stabilize color, and retain the shape of the fruit.
In 2015, you can make an unlimited number of $14,000 gifts of cash or other property, completely tax-free. To ensure these tax savings, you need to remember only that no individual recipient can receive more than $14,000 in a calendar year.
2 people found this helpful. The gift limit that you can give to an individual is $14,000 without having to file a Gift Tax return, Form 709. However, there would not be a gift tax imposed if your total aggregate gifts are not over $5.34 Million in tax year 2014.