Estate Tax Calculator
Estimate federal estate tax liability for large estates and explore gifting strategies to minimize estate taxes.
Input Parameters
Results
Federal Estate Tax (2025)
The federal estate tax exemption for 2025 is $13.61 million per individual ($27.22M for married couples). The top tax rate is 40%. The exemption is scheduled to sunset after 2025, potentially dropping to ~$7M. Consult an estate planning attorney for strategies.
What is the Estate Tax Calculator?
The Estate Tax Calculator (sometimes called the "Death Tax" calculator) determines the federal tax liability applied to the transfer of property and assets after someone passes away.
How It Works (Formula)
The Federal Estate Tax only applies to extremely wealthy estates. The IRS provides a massive lifetime exemption limit (often exceeding $13 million per individual). The calculator subtracts this exemption from the total net worth of the estate; anything left over is taxed at steep federal rates (often 40%).
$$ \text{Taxable Estate} = \text{Gross Asset Value} - \text{Debts} - \text{IRS Exemption} $$
Determines if the estate breaches the federal threshold.
How to Use It
Enter the gross value of all real estate, stock portfolios, and cash left by the deceased. Enter the total amount of outstanding debt. The calculator will apply the current year's IRS exemption threshold and calculate the resulting tax burden.