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Gift Ideas, Gifts And Presents Candle Holder Showcase We have just added a showcase to display our complete candle holder selection . Complete gifts catalog From birdhouses to incense burners to vases -- we've got it all at the best price!Check our gifts catalog to find the best gift for your occasion. Need Fresh And Exciting Gift Ideas? Join our newsletter and receive tips, gift ideas, discount coupons and much more.By joining, you will be automatically included in our sweepstakes and will have a chance to win free gifts.Don't delay, sign up for our gift ideas newsletter ! See No Evil, Hear No Evil, Speak No Evil? The title says it all. Check our selection of See No Evil, Hear No Evil, Speak No Evil gifts. Hot picks American Eagle Bookends A welcome addition to your Americana Collection. $19.95 More related items Virgin Mary Desk Fountain The Virgin Mary appears inside a stone-like grotto... $17.75 More related items Bed & Breakfast Birdhouse A thatched split-level "bed and breakfast" for travel-weary birds! $12.95 More related items Romantic Gift Ideas We have assembled some of our best romantic gifts on one page to save you some browsing time. Featured Categories Candles Vases Wind Chimes Patriotic Gifts Clocks Candle Holders Mirrors Decorative Plates More Popular Gifts Mandarin Ivory Dragon Chess Set $39.95 Patchwork Giraffe Pair - Safari $22.95 As Seen On TV Buckwheat Pillow $14.75 Alabaster Color Shade Angel Lamp (Out-of-stock) Hong-TZE Chinese Lions Pair (Out-of-stock) Cut Glass Rose On Heart With Base $22.95 Distressed White Metal Chandelier Candle Holder $44.95 Fimo Dreamcatchers $44.95 Brass Hummingbird Wind Chimes $23.95 Swirl Base Hurricane Lamps (Out-of-stock) Spun Glass Blue Dragon / Cloud $25.95 Wood Diner Birdhouse $19.95 • View All Categories • Shopping Cart • Contact Us • Track Your Order • New Arrivals • Customer Testimonials • Best Price Guarantee • Product Quality And Satisfaction Guarantee Home | My Account | Affiliate Program | Terms of Use Candle Holders Lighthouses Patriotic Gifts Incense Bookends Scented Candles Birdhouses Dream Catchers Oil Lamps Dragons Night Lights Lanterns Dolphins Swords More » Price Guarantee Return Policy Shipping Methods Privacy Statement Contact Us Materials Most Popular Gifts © 2002-2005 IDF Technologies, LLC www.GenericGifts.com 510 Brighton Beach Ave. Brooklyn, NY 11235 More Categories: • Lighthouse Gifts... • Christian Religiou... • Metal Candle Holde... • Plates with Dolphi... • Elephants... • Fimo Gifts... • Birthstone Unicorn... • African American A... • Christian Religiou... • Wrought Iron Candl... • Votive Candle Hold... • Christian Religiou... • Frosted Angels... • Flowers... What's on Sale: • Wall Sconces $19.75 • Can Dispenser $4.99 • Mirror $17.95 • Book Ends $16.75 • Xmas Calendar $16.95 • Glass Dragon $17.95 • Incense Sticks $44.95
Gift Ideas Share a
Simplify The Holidays - Gift Ideas More Time More Fun More Nature More Fairness Turn the Tide Kids & Commercialism Simplify the Holidays In Balance (newsletter) New Dream E-cards Multimedia Talk About It Conscious Consumer Institutional Purchasing Back to School I Buy Different (youth site) Less Can Mean More In Balance (newsletter) New Dream E-cards Talk About It Take Action Act Locally Green Cars Today Do Not Junk New Dream Book Club Action Forum Give/Get Advice In Balance (newsletter) New Dream E-cards New Dream Poll What's New Campaigns/Programs New Dream Store In Balance (newsletter) New Dream E-cards Partners Testimonials Staff Careers Privacy Policy My Turn the Tide My Actions My Friends My Events My Profile My Conversations New Dream Store Privacy Policy More of What Matters Getting More More Time Intro Take Back Your Time Time Day Poll Retreat Resources More Fun More Nature More Fairness Talk About It Turn the Tide Intro Preview the Steps Partner Groups FAQ Publications Listing Order Print Copies In Balance What Kids Want Sustainable Planet Tips for Parenting Good Times... Simplify the Holidays Responsible Purchasing New Dream Video More Fun, Less Stuff Kit Turn the Tide Workbook EPP Video Bumper Sticker Bicycle Sticker Easy Does It Simplify the Holidays Home Alternative Gift Fairs What They Are Where They Are Success Stories What They're Like Organize Your Own Brochure Holiday Tips Getting Started Gift Ideas Share a Gift Idea Gift Basket Holiday Stats Polls 1998 1999 2000 2001 2002 Simplifying Story Kids & Commercialism Home Brochures Art/Essay Contest Marketing Facts Tips Even More Tips What Kids Say Pressure Schools Endorsers Take Action Current Alert All Actions Action Updates Petitions Discuss Actions Multimedia Expand All | Collapse All Inexpensive, Creative and Eco-friendly Gift Ideas Did you know that 82% of Americans would rather receive a photo album of times shared than a store-bought gift? (source: Center for a New American Dream-commissioned Holiday Poll, November 1998) Just in case you don't want to give memory-filled albums to everyone on your gift list, we have lots of other ideas. Gifts for Children Homemade Gifts Gifts of Time Family Gifts Gifts for the Environment Ideas for Donations in the Name of a Loved One For those gifts you're still going to buy, check out our Conscious Consumer site Gifts for Children: 1: Simple book about the child, written and illustrated by you! 2: The makings for hand puppets -- brown lunch bags, googly eyes, scissors, markers etc. Homemade Gifts: 3: Record interviews of parents, grandparents, aunts, and uncles on audio or video tape; you can ask them to discuss their memories of the person you plan to give the tape to, or your family's history, especially funny or meaningful anecdotes. 4: Make your own cards and send them to relatives and good friends. 5: Frame one of your best photographs. Buy a frame from a local business or artisan. Or make one yourself out of stiff paper or cardboard, decorated with colored paper, old wrapping paper, beads and/or natural products (like leaves, small pinecones, or seeds). 6: Make your own calendar using cut-out pictures, photos, and/or drawings. 7: Assemble a collection of favorite recipes. Top of Page Gifts of Time: 8: Special activities with a significant other--a candlelit dinner, massage, or outdoor activity. 9: A monthly lunch date with an elderly relative or friend. 10: A handwritten letter or card sent to a long-distance friend or relative once a month for a year. Top of Page Family Gifts: 11: A jigsaw puzzle for the whole family. 12: Tickets to a favorite cultural or sporting event Top of Page Gifts for the Environment: 13: Assemble a Turn the Tide gift basket with compact fluorescent lightbulbs, forms for getting rid of junk mail, delicious recipes and a note about how the recipients can log on to www.turnthetide.org and see exactly how much of a positive impact they're having on the environment. 14: Buy a potted Christmas tree and replant after the holidays. (You can also have a tree planted elsewhere in someone's honor through American Forests .) 15: Instead of new wrapping paper, reuse old paper the Sunday comics section, old maps, decorated brown grocery bags, or a colorful piece of material. Top of Page Donations in the name of a Loved One: 16: Alternative Gifts International offers a wide array of global gifts that can be given in the name of your friend or relative. Their partner organizations include 33 projects such as Fuel Efficient Stoves in El Salvador, Conquering Tuberculosis in North Korea, Literacy Training in Senegal, Land Mine Awareness in Vietnam or Organic Gardening in Belize. Contact Alternative Gifts at 1-800-842-2243, P.O Box 2267, Lucerne Valley, CA 92356. Free catalog from altgifts@sisp.net or www.altgifts.org . 17: Give a donation to a local cause such as a soup kitchen, a shelter for battered women, a local environment group, etc. Call local churches, synagogues, and charitable organizations for ideas. 18: Give a friend a membership to a non-profit organization. JustGive.org allows you to donate online to thousands of charities. Want to give a gift membership to the Center of a New American Dream? Click Here Top of Page " 58% of Americans say they would be willing to give up one day of pay per week in exchange for one day off per week to spend more time with family and friends. " New Dream Poll Also check out the Big Love Gift Guide for gift ideas. Get started with our holiday tips Share your gift ideas Share what matters most to you by sending a New Dream E-card to friends and family Help organize an Alternative Gift Fair in your area Look for environmentally and socially responsible gifts on Conscious Consumers The Chatter Years ago I built a solor divice that made energy by using magnifying glass... - Page Tools Printable Page Send this page to a friend
Housewarming Gifts Wedding Gifts
Gifts For a New Home at Wind & Weather: Make it Easy on Yourself. SHOP BY DEPARTMENT: Weather Instruments Weathervanes Gear & Gadgets For The Home Garden Decor Outdoor Living Outlet Gift Guide Gifts Under $50.00 Gifts Under $75.00 Gifts Under $100.00 For Weather Watchers For Outdoor Fun For the Home For the Garden Gifts for Him Gifts for Her Executive Gifts Just for Fun Gift Certificates Housewarming Gifts Wedding Gifts TECHNICAL SUPPORT CUSTOMER SERVICE FREE CATALOG EMAIL SPECIALS HOUSEWARMING GIFTS Gift Guide -- Housewarming Gifts ABCs of Life Resembling weathered marble, this classic wall plaque clearly states twenty-six truths for living life. $34.95 Copper Wind Spiral Watch this mesmerizing double helix as it spins in the slightest breeze. $59.95 Stained Glass Pinwheel Brilliantly colored petals of glass form a bright, spinning pinwheel for your garden. $54.95 Custom Garden Greeting Welcome visitors to your garden with this customizable weatherproof plaque. $69.95 Verdigris Dragonfly Rain Gauge Form and function combine in this rain gauge-garden stake. Handcrafted, verdigris copper dragonfly. $37.95 Glowing Garden Orb Luminescent crystals blended with dazzling colors give this garden globe a glow none other can match. $49.95 Calla Lily Oil Lamps Created with maximum surface reflection and three height variations, the set provides exciting opportunities for magical groupings. $65.95 Waiter Wine Bottle Holder Give your wine bottles the four-star treatment with this handmade copper and recycled steel caddy. $69.95 Standing Brass Thermometer Crafted in Vermont of brass and glass this standing thermometer is easy-to-read and easy-on-the-budget. $52.95 Customer Service | Shipping Information | Gift Certificates | Corporate Gifts Guarantee | Privacy Policy | Become An Affiliate | About Us Order Securely Online or Call Toll Free 800-922-9463 © 2005 Wind & Weather Powered by Warp 9, Inc.
Anniversary Gift
Anniversary gifts: a year-by-year guide Anniversary gifts: a year-by-year guide Looking for a special present to celebrate your anniversary? Whether it's your first or your golden celebration, we've got hundreds of gift ideas for you. Let's just hope your man doesn't forget! First: paper Second: cotton Third: leather Fourth: linen Fifth: wood Sixth: iron Seventh: copper Eighth: bronze Ninth: pottery Tenth: tin or aluminium Eleventh: steel Twelfth: silk Thirteenth: lace Fourteenth: ivory Fifteenth: crystal Twentieth: china Twenty-fifth: silver Thirtieth: pearls Thirty-fifth: coral or jade Fortieth: rubies Forty-fifth: sapphires Fiftieth: gold Fifty-fifth: emeralds Sixtieth: diamonds First anniversary Traditional gift: paper Great gift ideas: Original edition of his daily newspaper from either the date he was born or your wedding date Write a love letter New book or an old edition of a book he loves Find an old postcard from a place that's meaningful for the two of you - the place you honeymooned, where he proposed or where you first met - and get it framed Adult board game Plane tickets Make a personalised calendar with pictures of the two of you, marked with all the dates that are important to the two of you (so he can't forget any) Decorate your home with Chinese paper lanterns Drawings, pictures or prints for your home Framed photo of you or of the two of you together Photo album filled with fun memories Gift voucher to his favourite shop Tickets to his favourite sporting event Second anniversary Traditional gift: cotton Great gift ideas: New bed linen Boxers or other attractive underwear for him Sexy cotton lingerie for you that both of you would enjoy Quality cotton towels Matching dressing gowns Hammock Personalised T-shirt Third anniversary Traditional gift: leather Great gift ideas: Leather clothing Leather shoes Leather-bound notebook Leather briefcase Leather wallet Leather belt Mobile phone in a leather case Leather gloves Leather desk set Leather luggage Leather watch Fourth anniversary Traditional gift: fruit or flowers Great gift ideas: Have flowers or a fruit basket delivered to his office Make a garland of flowers and wear just that for each other Share a bubble bath and light the room with floral-scented candles Sprinkle rose petals all over your bed Share a delicious fruity cocktail Fifth anniversary Traditional gift: wood Great gift ideas: Bonsai plant Weekend away in a log cabin Wood plaque engraved with words of love Take a walk in the woods Photo of you or of the two of you in a wooden frame New fence or decking Wooden furniture Wood sculpture or carvings Sixth anniversary Traditional gift: iron Great gift ideas: Golf clubs Iron sculpture Gym membership (get him pumping iron!) Wrought iron outdoor furniture Iron skillet, if he likes to cook New iron, if he likes to iron Trip to Paris to visit the Eiffel Tower CD by Iron Maiden, if he's a fan DVD of The Iron Giant Tools and hardware Wrought iron bed Seventh anniversary Traditional gift: wool or copper Great gift ideas: Cashmere or good wool scarf, socks or jumper Blanket to snuggle under together New suit Outing to a sheep farm Woolly hat New coat to keep him warm Copper kettle or cookware Copper fireside accessories Copper sculpture Eighth anniversary Traditional gift: bronze Great gift ideas: Hand-held bronze bell Bronze sculpture or figurine Day trip to the beach to catch some sun Sun tan lotion for a tropical dream holiday Ninth anniversary Traditional gift: pottery Great gift ideas: Re-enact the pottery scene from Ghost! Join a pottery class together Coffee mug Plant pot, vase or bowl Figurines for the lawn Tenth anniversary Traditional gift: tin or aluminium Great gift ideas: Personalised number plate Digital camera Tin of caviar or foie gras Tin toy airplane or car Tin sign for his office or study Aluminium watch Eleventh anniversary Traditional gift: steel Great gift ideas: Engraved key chain CD by Steel Pulse Stainless steel watchband Calypso steel drum Ice skates Stainless steel cookware Stainless steel cocktail shaker or ice bucket Steel-coloured sunglasses Trip on the London Eye Twelfth anniversary Traditional gift: silk or linens Great gift ideas: Lingerie for you (for him to enjoy!) Silk robe, shirt, suit, sheets, boxers or tie Nice new razor - to make him smooth as silk! Silky smooth bubble bath Linen tablecloth with matching napkins New bed linen Linen suit Thirteenth anniversary Traditional gift: lace Great gift ideas: Handkerchief Lacy slips or underwear for you Lace tablecloth Fourteenth anniversary Traditional gift: ivory Great gift ideas: Piano - classic or electric Trip to the Ivory Coast of Africa Ivory bed linen An ivory coloured shirt or tie Personalised ivory writing paper or cards Fifteenth anniversary Traditional gift: crystal Great gift ideas: Glasses filled with Cristal champagne Crystal decanter Crystal vase or candlesticks Billy Crystal DVD such as When Harry Met Sally Trip to the mountain for skiing or relaxation Swiss watch with a crystal face Twentieth anniversary Traditional gift: china Twenty-fifth anniversary Traditional gift: silver Great gift ideas: Frame filled with a photograph of you New watch Silver ornaments Silver pen Silver cufflinks or key ring Anything from Tiffany's silver collection Silver ring inscribed with actual wedding date and the present anniversary year Anniversary wedding band Trip to the movies - the silver screen! Thirtieth anniversary Traditional gift: pearls Great gift ideas: Oyster dinner (it's an aphrodisiac!) Pearl cufflinks Mother-of-pearl handle, e.g. shaving brush or coat brush Mother-of-pearl mosaic photo frame Thirty-fifth anniversary Traditional gift: coral Great gift ideas: Scuba trip or scuba lessons Trip to Coral Gables, Florida Trip to the Great Barrier Reef, Australia Coral-coloured tie Coral cufflinks Fortieth anniversary Traditional gift: ruby Great gift ideas: Have rubies put into your wedding bands (one for each of your children, or the number that corresponds to your anniversary month or wedding date) A dozen ruby-red roses Ruby-red theme party A bottle of vintage red wine Forty-fifth anniversary Traditional gift: sapphire Great gift ideas: Sapphire tie clip or cuff links Sapphire-coloured item of clothing Bottle of Bombay Sapphire gin Fiftieth anniversary Traditional gift: gold Great gift ideas: Favourite golden oldies (CD collection) Gold jewellery Gold watch Gold theme party Fifty-fifth anniversary Traditional gift: emerald Great gift ideas: Trip to the Emerald Isle (Ireland) Emerald-studded cufflinks Emerald-coloured silky boxers Sixtieth anniversary Traditional gift: diamond (also for 75th) Great gift ideas: Diamond jewellery Something very special to celebrate making it this far!
Gift Taxes If you
Estate and Gift Taxes Home | Accessibility | Tax Stats | About IRS | Careers | FOIA | The Newsroom | Site Map | Español | Help Search for... within: IRS Site Forms & Publications Advanced Search Tips for successful searching Home Businesses Charities & Non-Profits Corporations International Businesses Partnerships Small Bus/Self-Employed Farmers Industries/Professions International Taxpayers Small Business Workshop Small Business Products Online Classroom Partners & Stakeholders Join Mailing List State Links Electronic Services More Topics . . Compliance & Enforcement Contact My Local Office e-file Forms and Publications Frequently Asked Questions Taxpayer Advocate Where To File Estate and Gift Taxes If you give someone money or property during your life, you may be subject to federal gift tax. The money and property you own when you die (your estate) may be subject to federal estate tax. The purpose of this web page is to give you a general understanding of when these taxes apply and when they do not. It explains how much money or property you can give away during your lifetime or leave to your heirs at your death before any tax will be owed. News and Events: Federal Transfer Certificates (International) Estate and Gift has received many questions about Federal Transfer Certificates (regarding international issues). For instructions about obtaining transfer certificates, contact: I.R.S. Estate Tax Group 1114 International Programs SBSE; SE:S:SP:IN:T1 1111 Constitution Ave., N.W.; LE-4435 Washington, DC 20224. For questions about transfer certificates or about the estate and gift taxation of nonresidents of the United States, use (202) 874-1660. For all other estate and gift taxation questions, use (800) 829-1040. The annual exclusion for gifts made in 2004 and 2005 will remain at $11,000. Form 706 for dates of death occurring in 2004 is now available. The instructions (which include rate schedules) may be found at the "Forms and Publications" link, below. There are few significant changes to Form 706 from the 2002 version. The one change that will impact all filers is the reduction in the allowable State Death Tax Credit to 50% of the amount computed under IRC §2011(b). Note : The credit is repealed for decedents dying in 2005 and later years. NOTE regarding Extensions of Time to File/Pay U.S. Estate Tax (Form 4768, Forms and Publications link, below). Some errors are being made regarding completion and filing of this form. Be sure to file the second page and to fill in the decedent's name and social security number. Important information for Form 709/709A: Time for filing clarification : Page 4 of the instructions for Form 709 states (Under When to File ) that "...you must file the 2003 Form 709 on or after January 1...). It may not be clear, but this means that returns should not be filed until January 1 through the due date of the year following the year in which the gift is made. In other words, any gifts made in 2004 will not be due (and cannot be processed) until after December 31, 2004. Individuals who make certain qualifying gifts are required to file Form 709, United States Gift Tax Return. The 2003 version and instructions are now available at the "Forms and Publications" link, below. Notice - Form 709-A is Now Obsolete. Form 709-A, United States Short Form Gift Tax Return, is now obsolete and should not be filed. All gift tax returns must now be filed using Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return . -- 21-OCT-2003. In other news: Form 709 has been modified for the 2004 filing season (for gifts made in 2003). Click "Forms and Publications" below for the new form and instructions (which includes the rate schedule). If you are filing a request for an extension of time to file an estate or gift tax return, remember that the request must go to the Cincinnati Service Center (see the address, below), even if you file your income or other tax returns elsewhere. Links Introduction Estate Tax Gift Tax 2002 Tax Changes Frequently Asked Questions Forms and Publications Related Links Where to File and Contact Information Disaster Assistance Links FEMA (Federal Emergency Management Agency) SBA (Small Business Administration) Estate and Gift Taxes Introduction No Tax Owed Most gifts are not subject to the gift tax and most estates are not subject to the estate tax. (Only about 2% of all estates are subject to the estate tax). For example, there is usually no tax if you make a gift to your spouse or a qualified charity or if your estate goes to your spouse or qualified charity at your death. If you make a gift to someone else, the gift tax does not apply until the value of the gifts you give that person is more than the annual exclusion for the year. Even if tax applies to your gifts or your estate, it may be eliminated by the Unified Credit , refer to Publication 950 , Introduction to Estate and Gift Taxes. No Return Needed Generally, you do not need to file a gift tax return unless you give someone, other than your spouse, money or property worth more than the annual exclusion ($11,000 in 2002, 2003, 2004 and 2005) for that year. Although a return may be required, no actual gift tax will become payable until the cumulative lifetime taxable gifts exceed the applicable exclusion amount. The donor is primarily responsible for the payment of the Gift Tax. An estate tax return generally will not be needed unless the estate is worth more than the applicable exclusion amount ($1,000,000 for 2002) for the year of death. This amount is shown in the section under Unified Credit . To reemphasize: Most relatively simple estates (cash, publicly traded securities, small amounts of other, easily valued assets and no special deductions or elections or jointly held property) with a total value under $1,000,000 and a date of death in 2002 or 2003 and $1,500,000 and a date of death in 2004 or 2005 do not require the filing of an estate tax return. No Tax on the Person Receiving your Gift or Estate The person who receives your gift or your estate generally will not have to pay any gift tax or estate tax because of it. In addition, that person will not have to pay income tax on the value of the gift or inheritance received. NOTE: There are some technical applications for "Income in Respect of Decedent" under §691 that will have to be considered for income earned but not otherwise taxed prior to the date of death. No Income Tax Deduction Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (other than gifts that are deductible charitable contributions). If you are not sure whether the gift tax or the estate tax applies to your situation, refer to Publication 950 , Introduction to Estate and Gift Taxes. Unified Credit A credit is an amount that eliminates or reduces tax. The unified credit applies to both the gift tax and the estate tax. You must subtract the unified credit from any gift tax that you owe. Any unified credit you use against your gift tax in one year reduces the amount of credit that you can use against your gift tax in a later year. The total amount used against your gift tax reduces the credit available to use against your estate tax. In 2001, the unified credit was $220,550, which eliminated taxes on a total of $675,000 (applicable exclusion amount) of taxable gifts and taxable estate. These amounts were increased for gifts made, and for estates of decedents dying, after 2001. The following shows the unified credit and the applicable exclusion amount for the calendar year in which a gift is made or a decedent dies. For Gift Tax Purposes in years 2002 and 2003 the Unified Credit is $345,800, the Applicable Exclusion Amount is $1,000,000. For Estate Tax Purposes in years 2002 and 2003 the Unified Credit is $345,800 and the Applicable Exclusion Amount is $1,000,000. For Gift Tax Purposes in years 2004 and 2005 the Unified Credit is $345,800, the Applicable Exclusion Amount is $1,000,000. For Estate Tax Purposes in years 2004 and 2005 the Unified Credit is $555,800 and the Applicable Exclusion Amount is $1,500,000. For Gift Tax Purposes in years 2006, 2007 and 2008 the Unified Credit is $345,800, the Applicable Exclusion Amount is $1,000,000. For Estate Tax Purposes in years 2006, 2007 and 2008 the Unified Credit is $780,800 and the Applicable Exclusion Amount is $2,000,000. For Gift Tax Purposes in year 2009 the Unified Credit is $345,800, the Applicable Exclusion Amount is $1,000,000. For Estate Tax Purposes in year 2009 the Unified Credit is $1,455,800 and the Applicable Exclusion Amount is $3,500,000. Estate Tax Estate tax may apply to your taxable estate at your death. Your taxable estate is your gross estate less allowable deductions. Gross Estate Your gross estate includes the value of all property in which you had an interest at the time of death. Your gross estate also will include the following. Life insurance proceeds payable to your estate or, if you owned the policy, to your heirs. The value of certain annuities payable to your estate or your heirs. The value of certain property you transferred within 3 years before your death. Trusts or other interests established by you or others in which you have certain powers. Taxable Estate The allowable deductions used in determining your taxable estate include: 1) Funeral expenses paid out of your estate, 2) Debts you owed at the time of death, and 3) The marital deduction (generally, the value of the property that passes from your estate to your surviving spouse). For additional information, refer to Instructions for Form 706 . Gift Tax The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return. If you sell something at less than its full value or if you make an interest-free or reduced interest loan, you may be making a gift. The general rule is that any gift is a taxable gift. However, there are many exceptions to this rule. Generally, the following gifts are not taxable gifts. Gifts that are not more than the annual exclusion for the calendar year. Tuition or medical expenses you pay for someone (the educational and medical exclusions). Gifts to your spouse. Gifts to a political organization for its use. Gifts to qualified charities (a deduction is available for these amounts). Annual Exclusion A separate annual exclusion applies to each person to whom you make a gift. For 2002, 2003, 2004 and 2005, the annual exclusion is $11,000. Therefore, you generally can give up to $11,000 each to any number of people in 2002, 2003, 2004 and 2005 and none of the gifts will be taxable. If you are married, both you and your spouse can separately give up to $11,000 to the same person in 2002, 2003, 2004 or 2005 without making a taxable gift. If one of you gives more than $11,000 to a person in any one of these years, refer to gift splitting in Publication 950 , Introduction to Estate and Gift Taxes. Gifts to individuals are not deductible on the donor's income tax returns. Related Links Legal Information Institute Thomas.gov (Legislative Information Site) Where to File and Contact Information Use the below mailing address for all tax forms filed at the Cincinnati Service Center including Estate and Gift tax returns: Internal Revenue Service Cincinnati, OH 45999 To mail FedEx packages, please use the following street address: Internal Revenue Service 201 W. Rivercenter Blvd Covington, KY 41011 For questions about return accounts and extensions only, (no tax law questions) call: 1-866-699-4083. Many general estate and gift tax law questions can still be answered by calling: 1-800-829-1040. You may also find many answers to your questions by visiting Forms and Publications . Caution: DO NOT submit tax related questions below. If you have a tax question that was not answered here or by checking Frequently Asked Questions, above, please call our toll-free tax assistance line at 1-800-829-1040 for individual tax questions or 1-800-829-4933 for business tax questions. We will not respond to tax related inquiries submitted on this page. If you have suggestions or comments (or suggested FAQs) for the Estate and Gift Tax web site, please contact us by clicking here: CONTACT ESTATE AND GIFT TAX . We will not be able to respond to your email , but will consider it when making improvements or additions to this site. Contact Us | IRS Privacy Policy