Gift Tax Calculator
Track annual and lifetime gift tax exclusions and estimate gift tax owed.
Legal Disclaimer
This calculator provides general estimates only and does not constitute legal advice. Laws, regulations, and court procedures vary significantly by jurisdiction. Consult a licensed attorney in your area for advice specific to your situation.
Inputs
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Results
Gift Tax Owed
$0.00
Taxable Gift Amount$82,000.00
Covered by Lifetime Exemption$82,000.00
Lifetime Exemption Remaining$13,610,000.00
New Lifetime Used$82,000.00
Per Recipient Gift$100,000.00
How to Use This Calculator
- Enter Total Gift Amount and Number of Recipients.
- Set Annual Exclusion per recipient ($18,000 in 2024) — gifts within this limit are tax-free.
- Enter Lifetime Exemption Used and total Lifetime Exemption ($13.61M in 2024).
- Review Gift Tax Owed — annual exclusion gifts reduce the taxable amount.
- Check Covered by Lifetime Exemption — most people never pay gift tax because of the large lifetime exemption.
- Medical and tuition payments made directly to providers are excluded from gift tax entirely.
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