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.
If an adult child gives money to a parent to be used for living expenses, does the maximum tax-free gift rule apply? The IRS allows for monetary gifts of between $1.00 and $14,000.00 to be given to anyone without taxation. This $14,000 maximum gift can be given to anyone, including parents, children or those who you aren't related at all, and no tax liability will be incurred. However, the reason for the gifting has no relevance to the IRS, so long as the gift is given individually and not exceeding the maximum limit for that year. If your gift exceeds that maximum amount, tax may be assessed on it, even if the money is to your elderly parents for living expenses.