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Calcimator

Estate Tax Calculator

Calculate federal estate tax using 2024 graduated brackets (18%-40%) from gross estate, deductions, and credits.

Inputs

$
$
$
$

Results

Estate Tax

$302,900

Net to Heirs

$14,197,100

Taxable Estate$890,000
Effective Rate2%
How to Use This Calculator
  1. Enter Gross Estate — all assets at fair market value at date of death.
  2. Set Deductions (debts, expenses, charitable bequests) and the applicable Exemption Amount.
  3. Enter Prior Taxable Gifts that reduce the available exemption.
  4. Review Estate Tax owed and Net to Heirs after tax.
  5. The federal exemption is $13.61M (2024) but is scheduled to sunset to ~$7M in 2026 without congressional action.
  6. Portability allows a surviving spouse to use the deceased spouse's unused exemption — file Form 706 to elect portability.
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