In short, your parents should report the gifts to you and your spouse on gift tax returns, Form 709, for 2005. They probably will not have to pay any cash out of pocket for the gifts, but their lifetime exclusions will be applied.rom: Lisa Date: Fri, 04 Nov 2005 Do we have to pay taxes on a gift of $100,000 from my parents for our first home? Do my parents have to pay tax on it? Answer Date: Mon, 07 Nov 2005 Hello Lisa, Gifts from family members aren't taxable income for income tax reporting.
Ever since the first IQ tests emerged, attempts to classify IQ have followed. While different test publishers utilize different scoring systems, for many modern IQ tests the average (or mean) score is set at 100 with a standard deviation of 15 so that scores conform to a normal distribution curve. 68 percent of scores fall within one standard deviation of the mean (that is, between 85 and 115)
However all tests and scales use 100 as the IQ of a person of average intelligence. Since the average IQ is said to be 100, hence anything above 100 is considered as above average and below 100 as below average.IQ below 70 is taken as that of mentally challenged person.IQ above 140 is generally considered as that of a genius.We already know that IQ = Mental Age/Chronological Age X 100. Hence, the normal or average IQ score is 100, which means that the mental and chronological ages coincide. very small percentage of the population reaches an IQ of over 140. From this chart, it can be thus concluded that a normal IQ score is generally considered to be around the 100 mark. IQ scores are thus calculated on a scale of 0 to 200.