 I, the gifter, do not owe any taxes. Nick, the recipient of the gift, does not owe any taxes. I do not need to file a gift tax return. Literally, there's nothing I need to do. And that gift does not reduce your taxes either, Jeremiah. It's not like, oh, the IRS is happy for you to do this charitable thing. Doesn't move the needle at all. There's no tax implications, period, end of story. Now, if I were to gift Nick $20,000, okay, again,