âNegative reinforcement is when a certain stimulus/item is removed after a particular behavior is exhibited. The likelihood of the particular behavior occurring again in the future is increased because of removing/avoiding the negative stimuli. Negative reinforcement should not be thought of as a punishment procedure.
In addition to the annual exclusion, you're allowed to give away a certain amount during your lifetime without actually having to pay any gift taxes. As of the time of publication, you can give away $5,430,000 before you start owing gift taxes. For example, say you haven't made any taxable gifts in the past.
2 people found this helpful. The gift limit that you can give to an individual is $14,000 without having to file a Gift Tax return, Form 709. However, there would not be a gift tax imposed if your total aggregate gifts are not over $5.34 Million in tax year 2014.