Gift Tax Calculator

Calculate federal gift tax and understand your exclusions and exemptions.

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%