1 Drag the iTunes Library.itl file to your Desktop. 2  In the iTunes folder, open the Previous iTunes Libraries folder. 3  Find the file named iTunes Library YYYY-MM-DD where YYYY-MM-DD is the date you updated iTunes (Year-Month-Day). Windows: Navigate to \Users\ username \Music\iTunes\. 2  Drag the iTunes Library.itl file to your Desktop. 3  In the iTunes folder, open the Previous iTunes Libraries folder. 4  Find the file named iTunes Library YYYY-MM-DD where YYYY-MM-DD is the date you updated iTunes (Year-Month-Day).
Annual Exclusion. No gift tax is owed by a person who gives anyone gifts that have total value of less than the annual threshold established by the Internal Revenue Service. As of 2012, the threshold is $13,000. Giving a car with less value than this limit does not incur gift tax.
1 Gifts that are not more than the annual exclusion amount, $14,000 in 2015 (you can give this amount to any number of different recipients; you and your spouse can give $28,000 per year per recipient). Gifts that are not more than the annual exclusion amount, $14,000 in 2015 (you can give this amount to any number of different recipients; you and your spouse can give $28,000 per year per recipient).