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Gift Tax Calculator

See how much of a gift is covered by the annual exclusion, and how much counts against your lifetime exemption.

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Amounts over the annual exclusion don't trigger tax immediately — they reduce your $13.61M lifetime estate/gift exemption instead.

Worth Knowing

The gift tax is widely misunderstood: giving above the annual exclusion (around $18,000 per recipient in 2024) doesn't usually mean paying tax — it just reduces your lifetime estate-and-gift exemption, which is in the millions. Actual gift tax is owed only after that entire lifetime amount is exhausted. Gifts below the annual exclusion, gifts to a spouse, and direct payments of someone's tuition or medical bills don't count against anything at all.

How to Use

  1. Enter Gift amount (per recipient) into the first field of the Gift Tax Calculator.
  2. Fill in the rest: Number of recipients.
  3. Your result appears instantly as you type — there's no submit button or page reload.
  4. Amounts over the annual exclusion don't trigger tax immediately — they reduce your $13.61M lifetime estate/gift exemption instead.

Frequently Asked Questions