Federal estate tax. The exemption is large, is reduced by lifetime gifts already made, and can be doubled by porting an unused spousal exemption, which requires a return to be filed.
Also called: federal estate tax calculator, death tax calculator.
$1,084,000.00 of estate tax on a taxable estate of $16,700,000.00. The available exemption is $13,990,000.00, leaving $2,710,000.00 taxed at 40%. No ported exemption claimed. A surviving spouse can port an unused exemption only by filing a return.
Computed from the published rates for the tax year you selected, which is not necessarily the current year. A calculation, not tax advice, and it does not know anything about your circumstances beyond the figures entered.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for United States change on a published schedule; the effective date is shown on every rule-based tool.
The taxable estate is the gross estate less debts, administration expenses, charitable bequests and anything passing to a spouse, which is unlimited. The available exemption is the statutory amount less lifetime gift exemption already consumed, since the gift and estate exemptions are a single combined figure. Portability lets a surviving spouse add the deceased spouse's unused exemption, effectively doubling it, but it must be elected on a timely estate tax return even when no tax is due.
the exemption is reduced by lifetime gifts and can be doubled by portabilityEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Estate tax$1,084,000.00
40% of 2.71 million
Open this exampleEstate tax$0.00
boundary
Open this exampleEstate tax$0.00
degenerate case
Open this exampleFormula version 1.0.0 · definition 1.0.0 · United States · Report a problem with this calculator