Over the rest of Japanese recorded history, sumo's popularity has changed according to the whims of its rulers and the need for its use as a training tool in periods of civil strife. The form of wrestling combat changed gradually into one where the main aim in victory was to throw one's opponent.
Gifts. According to the IRS, certain gifts are not taxable. These include gifts that are less than the annual exclusion amount. As of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money.Gifts to your spouse are also tax-free.s of 2012, a married couple can give up to $26,000 tax-free, referred to as gift splitting.. If you pay tuition or medical expenses for someone, you don't have to pay tax on the money. Gifts to your spouse are also tax-free.
Rating Newest Oldest. Best Answer: As of 2009, an individual can gift $13,000 to another individual annually without filing for gift tax. If one of the individuals is married, the gift can be up to $26,000 and it is presumed to split 50-50 (hence, no need to write 2 checks). If both the donor and donee are married, the donor can gift up to $52,000 but at that point, it would be better to split into two checks, one from each donor spouse. Beyond the $13,000 annual exclusion, every donor has a $1,000,000 lifetime gift exclusion; however, that exclusion is also used for estate tax.