Money Gift

Money Gift

Cash or a cash equivalent that an individual transfers to another individual while neither receiving nor expecting anything in return. As with all gifts, a money gift is taxable in the United States, but only if its value exceeds $13,000 (in 2009) and is not specifically excluded. For example, gifts between spouses are not taxable under any circumstances. See also: Estate, Gift Tax.
Mentioned in ?
References in periodicals archive ?
The sender will then have to choose the Facebook friend who will receive the cash gift, enter the amount of money to be sent, and swipe right or left to choose the perfect design to go along with the money gift.
In typical Victorian style, it defined Christmas box as "a small money gift to persons in an inferior condition".
* Is the money gift an example of deeper or extended commitment to the organization in which one gives one's time, or is it used to "buy out" a contribution to other organizations in the community for which the volunteer can't give time?
As the Holy Month of Ramadan draws to an end, Al Hilal Bank has announced that it will reward its minor account holders with AED 100 as an 'Eidiya' or money gift
Choice treatment performed statistically equal to money gift and significantly less than non-monetary gift (Table2).
Customers receive 2010 wall calendars or money gift envelopes for donations made to local food pantries.
KARACHI, September 09, 2009 (Balochistan Times): The Provincial interior minister, Zulfiqar Mirza has taken strong notice of police, of trying to extort eidee (money gift on Eid) out of citizens under guise of snap checking, and issued strict orders for them, not to terrorize hapless public with their unnecessary show of power.
KARACHI, September 09, 2009 (Frontier Star): The Provincial interior minister, Zulfiqar Mirza has taken strong notice of police, of trying to extort "eidee" (money gift on Eid) out of citizens under guise of "snap checking", and issued strict orders for them, not to terrorize hapless public with their unnecessary show of power.
Topics covered include how to create single-panel note cards and announcements, making single-fold and multi-fold greeting cards and invitations, window cards, money gift cards, pop ups, seasonal cards, and much more.
As an added gesture on their part, this department decided to contribute the money that would have been spent on the pizza party resulting in a money gift of $150.
It spent a lot of money gift wrapping the State Street flagship, all the while denying there was anything up.