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What was the gift tax in 2008?

What was the gift tax in 2008?

Federal Estate and Gift Tax Rates, Exemptions, and Exclusions, 1916-2014

Year Estate Tax Exemption Maximum Gift Tax Rate
2006 $2,000,000 46%
2007-08 $2,000,000 45%
2009 $3,500,000 45%
2010 $5,000,000 35%

What was the gift tax exclusion in 2009?

Annual Exclusion For 2009, you generally can give a gift valued at up to $13,000 each, to any number of people, and none of the gifts will be taxable. However, gifts of future interests cannot be excluded under an annual exclusion provision.

How much is the gift tax on $20000?

Gift tax rates for 2020 & 2021

Value of gift in excess of the annual exclusion Tax rate
$10,000 or less 18%
$10,001 to $20,000 20%
$20,001 to $40,000 22%
$40,001 to $60,000 24%

What was the gift tax in 2007?

45 percent
gifts has decreased from 46 percent in 2006 to 45 percent in 2007, and will remain at that rate for 2008 and 2009. highest gift tax rate will be decreased to 35 percent for 2010.

What’s the price of a 2008 Acura TL?

The 2008 Acura TL starts at a Manufacturer’s Suggested Retail Price (MSRP) of just over $34,000 and tops out at around $39,000 for a Type-S with high-performance tires. The navigation system is a $2,500 option, while the Type-S works out to a $2,000 premium.

What was the gift tax exclusion in 2002?

During the years 2002 through 2010, the gift tax applicable exclusion amount remains constant at $1 million, while the estate tax applicable exclusion amount is $1 million in 2002 and 2003, $1.5 million in 2004 and 2005, $2 million in 2006 through 2008, and $3.5 million in 2009.

What kind of rating does the Acura TSX have?

Currently, the Acura TSX has a score of 8.6 out of 10, which is based on our evaluation of 74 pieces of research and data. According to our analysis, the 2008 Acura TSX’s similarities to the Honda Accord are a double-edged sword: Just like the Accord, the more upscale TSX is recognized for solid performance and extensive standard features.

How much does it cost to lease an Acura?

$2,499 Total due at signing. Includes down payment with no security deposit. Excludes taxes, titles and either dealer fees or documentary service fee. For well-qualified lessees. Per month for 36 months. $2,799 Total due at signing. Includes down payment with no security deposit.