Gift Tax Calculator

Calculate federal gift tax and understand your exclusions and exemptions.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

Gift Details

$
$

Qualified Exclusions (Paid Directly)

$
$

Gift Tax Owed

$0

Covered by exemptions

Total Gift
$50,000
Annual Exclusion Used
$18,000
Taxable Gift
$32,000
Lifetime Exemption Used
$32,000

Gift Tax Return Required

Gifts exceeding the annual exclusion require filing Form 709.

Remaining Exemptions

2024 Annual Exclusion$18,000/recipient
Remaining Lifetime Exemption$13,578,000

2024 Gift Tax Limits

Annual Exclusion$18,000/recipient
Lifetime Exemption$13,610,000
Maximum Tax Rate40%
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