The thyroid gland produces hormones that are essential for normal body metabolism. Blood testing is now commonly available to determine the adequacy of the levels of thyroid hormones. These blood tests can define whether the thyroid gland's hormone production is normal, overactive, or underactive.
If you give people a lot of money, you might have to pay a federal gift tax. But the IRS also allows you to give up to $14,000 in 2014 to any number of people without facing any gift taxes, and without the recipient owing any income tax on the gifts.ut most gifts are not subject to the gift tax. For instance, you can give up to the annual exclusion amount ($14,000 in 2014) to any number of people every year, without facing any gift taxes. Recipients generally never owe income tax on the gifts.
Tina, You would not have to pay any taxes whatsoever on any gift received. The only people who would have to worry about taxes in this situation would be the family members but even they wonât have to pay or file a gift tax return because they are allowed to give up to $14,000 per person per year in 2015.hat still doesnât mean they owe gift tax. For example, say someone gives you $20,000 in one year, and you and the giver are both single. The giver must file a gift tax return, showing an excess gift of $6,000 ($20,000 â $14,000 exclusion = $6,000).