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.
1 The annual gift tax exclusion amount is $14,000 for 2015. 2  In other words, you can give $14,000 or $14,000 worth of property to as many people as you want in a year's time, without needing to file a gift tax return in order to report the gift to the IRS. For example, in 2015 you may gift $14,000 to your son and $14,000 to your sonâs wife, for a total of $28,000 without paying gift tax. 2  Combine this loophole with the previous one, and if you are married, you and your spouse can gift your son and his spouse a total of $58,000 without paying gift tax.