So instead of buying an expensive toy or game, consider getting them something they can use, like a new outfit or book. You also want to consider how much you are spending on their birthday party. A recent survey suggests that, on average, parents spend roughly $400 on a child's birthday party.
Be Direct but Polite: Simply express your desire for the gift in a straightforward manner. You might say something like, ``I've been thinking about my birthday gift, and I would really love (specific gift).'' Explain Why You Want It: Share why the gift is meaningful to you.
Casual Gifts: For friends or acquaintances, $10 to $25 is often appropriate. Birthday or Holiday Gifts: For close friends or family, consider $25 to $50. Special Occasions: For significant events like weddings or graduations, $50 to $100 or more can be suitable.
Granted, how much you spend is typically dependent on how long you've been together. If you're already in a long-term relationship, then spending anywhere from $100-$200 for a gift is a safe bet. If you're newly dating, then something less pricey is definitely reasonable, like, say, around $25-$50.
They're short, sweet wishes that let them know you care! You're the best. So grateful for you. Yay for you! You're a really great human. You deserve all the nice things. Spend it on something you love! Just a little something from me to you. Get whatever you want!
TurboTax does not support Form 709.
Unless you made a taxable gift valued at more than $18,000 to an individual or entity in 2024 or more than $19,000 in 2025, you don't need to fill out Form 709. If you did, you may just need to report the gift. You won't owe an out-of-pocket tax until you've given more than your lifetime gift and estate tax exemption.