Non-taxable Gifts
Generally, the following gifts are not taxable gifts:
- Gifts that are not more than the annual exclusion for the calendar year ($13,000 per recipient in 2009-2012)
- Gifts to a political organization for its use
- Gifts to charities
- Gifts to one's (US Citizen) spouse
- Tuition or medical expenses one pays directly to a medical or educational institution for someone. Donor must pay the expense directly. If donor writes a check to donee and donee then pays the expense, the gift may be subject to tax.
Read more about this topic: Gift Tax In The United States