Gift Tax Calculator
Inputs
$
$
$
$
Tab to move between fields
Results
Gift Tax Owed
$0.00
Taxable Gift Amount$81,000.00
Covered by Lifetime Exemption$81,000.00
Lifetime Exemption Remaining$15,000,000.00
New Lifetime Used$81,000.00
Per Recipient Gift$100,000.00
1
Identify Input Parameters
5 parameters
= Total Gift Amount = 100000, Number of Recipients = 1, Annual Exclusion = 19000, Lifetime Exemption Used = 0, Lifetime Exemption = 15000000
= 5 input(s) provided
2
Calculate Gift Tax Owed
Gift Tax Owed
= 0
= $0
3
Calculate Taxable Gift Amount
Taxable Gift Amount
= 81000
= $81,000
4
Calculate Covered by Lifetime Exemption
Covered by Lifetime Exemption
= 81000
= $81,000