Working with the Java DB (Derby) Database. This document demonstrates how to set up a connection to Java DB database in NetBeans IDE. Once a connection is made, you can begin working with the database in the IDE, allowing you to create tables, populate them with data, run SQL statements and queries, and more.o start the database server: 1  In the Services window, right-click the Java DB node and choose Start Server. 2  Right-click the Java DB node and choose Create Database to open the Create Java DB Database dialog. 3  Type. 4  for the Database Name. 5  Type. 6  for the User Name and Password.
Tax Free Gifts From Parents. If you receive a gift from your parents, it will be tax free for you no matter how much the present is worth. However, your parents may have to pay a tax on the value of the gift if it is worth more than the annual exclusion that the Internal Revenue Service allows for gifts. Gift-tax rates are the same as income-tax rates. The major figure to remember for gift taxes is the annual exclusion, which was $13,000 as of 2012.
As of January 2015, your parents can gift you up to a maximum of $28,000 a year as a couple, or $14,000 each as individuals, for a tax-free down payment.If you are married, your parents can also gift the same amount to your spouse, making it possible to put down a $56,000 down payment as a tax-free gift.If this amount is not enough for your down payment, your parents can give more money, but they'll have to report it on tax form 709.Any excess can be included in their lifetime estate tax exemption of up to $5.43 million as of 2015.f your parents give you the down payment as a loan, they must charge the current applicable federal rate for long-term loans in effect during the month and year the loan is finalized. This will help prevent the government from interpreting the loan as a gift, and any uncharged interest as taxable income.