Tax issue

Hey guys...I need to figure out the tax my mother will owe on her NuiTech 2k GC and after much frustration got off the phone with the IRS. They sent me to the 1040-es to estimate my taxation...The tax figures are up for 2006 and my question is this.

Would i be to far off when figuring her taxation on the gift if i simply add it to her income and use that percentage??

For example
Her income = 34,000
People with an income of $30,650-$74,200 are taxed at $4,220 + 25%
Her GC = $2,000
Her tax on the giftcard = 25%

Basically i know there are many things that go into the equation such as exemptions, deductions, and credits but im trying to figure an estimated rate of taxation for her giftcard as well as a plasma t.v. for myself as i make around $7,500 a year figuring my taxation at $755 + 15%...So 15% of the T.v. cost im expected to pay...

Basically i've searched the forum as im a daily visitor and a helpful member of this community. I've tried my best to get a feel for what my taxation may be and have spoke with the IRS a few times at this point. I know i can't figure out an EXACT taxation of the gift but even a rough estimate would greatly help out....

Thanks all!

Until you figure in all deductions, credits, etc., there is absolutely NO WAY we can tell you, and you shouldn't trust us to anyway. You should never take tax advice from an internet forum, particularly one that is not tax-related. ;)

Everybody's tax situation is different, and it is much much too complicated for anybody to give you reliable numbers, short of doing your taxes for you.

More importantly, where's the Hot Deal?

Lol..Crap im an idiot!! Moving to help

[quote1f5c9589e9="afro_wolff"]Lol..Crap im an idiot!! Moving to help[/quote1f5c9589e9]
Ummm.... the correct approach would be to ask one of us to move it for you. Not to go there and create a duplicate topic. ;)

Of course, as I told you -- nobody can really help you anyway, so I'm not sure why you persist.