USUSAFederal Estate & Gift Tax ($13.61M Exemption)Finance & Salary

US Federal Estate & Lifetime Gift Tax Exemption Calculator

Calculate your potential 40% federal estate and lifetime gift tax liability above the basic exclusion amount ($13,610,000 for individuals, $27,220,000 for married couples with portability) and annual exclusion gifts ($18,000/recipient).

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Calculated ResultFederal Estate & Gift Tax ($13.61M Exemption)

Estimated Federal Estate Tax Owed (40% Top Rate)

$956,000

Net After-Tax Wealth Transferred to Heirs

$15,044,000

Estate Value Exceeding Federal Exemption

$2,390,000

Detailed Calculation Breakdown

Gross Estate
$16,000,000
Federal Exemption
$13,610,000
Estate Tax Owed
$956,000
Net to Heirs
$15,044,000

Calculation Methodology

Taxable Estate Base = max(0, Total Net Worth - Lifetime Exemption). Federal Estate Tax Owed = Taxable Base * 40%.

Important Legal & Educational Disclaimer

Under current law, the TCJA doubled exemption limits are set to sunset at the end of 2025 unless extended by Congress.

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

For 2024/2025, you can gift up to $18,000 per recipient per year ($36,000 for married couples) to any number of people without using lifetime exemption.
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