|Exemptions Per Donee:|
|Date of Gift||Class A||Class B|
|2001 and earlier||$10,000||$3,000|
|2002 through 2005||$11,000||$3,000|
|2006 through 2008||$12,000||$3,000|
|2009 through 2011||$13,000||$3,000|
|2012 and after||N/A - tax repealed||N/A - tax repealed|
Class A includes husband, wife, son, daughter, lineal ancestor, lineal descendant, brother, sister, son-in-law, daughter-in-law, or stepchild. If a person has no child or grandchild, a niece or nephew of such person shall be a Class A donee. Class B includes all others.
Note, federal gift tax laws remain in effect. For more information on the federal gift tax, please visit www.irs.gov.