About Estate Tax Calculator
Calculate federal estate tax liability based on the total value of an estate. The estate tax applies to estates exceeding the exemption amount and is calculated on the taxable portion.
Estate Tax Planning Tips
- Exemption: $12.92M per person (2023), $25.84M for couples
- Tax Rate: 18% to 40% on taxable amounts
- Portability: Surviving spouse can use unused exemption
- Gifts: Annual exclusion of $17,000 per recipient
- Charitable Giving: Unlimited deduction for qualified charities
- Trusts: Consider irrevocable trusts for tax planning