Estate Tax Calculator
The Estate Tax Calculator estimates federal estate tax due. Many states impose their own estate taxes, but they tend to be less than the federal estate tax. This calculator is mainly intended for use by U.S. residents.
Modify the values and click the calculate button to use
U.S. Federal Estate & Gift Tax Exemptions and Rates (2001–2025)
| Year | Lifetime Exemption | Top Tax Rate | Notes |
|---|---|---|---|
| 2001 | $675,000 | 55% | Highest historical rate |
| 2002 | $1 million | 50% | Exemption increased |
| 2003 | $1 million | 49% | Gradual rate reduction |
| 2004 | $1.5 million | 48% | Exemption raised |
| 2005 | $1.5 million | 47% | Continued rate cuts |
| 2006 | $2 million | 46% | Significant exemption jump |
| 2007 | $2 million | 45% | Rate stabilized |
| 2008 | $2 million | 45% | No changes |
| 2009 | $3.5 million | 45% | Pre-2010 temporary increase |
| 2010 | Repealed | 0% | One-year repeal (EGTRRA) |
| 2011 | $5 million | 35% | Post-repeal reinstatement |
| 2012 | $5.12 million | 35% | Inflation-adjusted |
| 2013 | $5.25 million | 40% | Rate increased (ATRA) |
| 2014 | $5.34 million | 40% | Annual inflation adjustment |
| 2015 | $5.43 million | 40% | Steady rate |
| 2016 | $5.45 million | 40% | Minor adjustments |
| 2017 | $5.49 million | 40% | Last year pre-TCJA |
| 2018 | $11.18 million | 40% | TCJA doubled exemption |
| 2019 | $11.4 million | 40% | Continued inflation indexing |
| 2020 | $11.58 million | 40% | Pandemic year |
| 2021 | $11.7 million | 40% | Stable rate |
| 2022 | $12.06 million | 40% | Significant inflation jump |
| 2023 | $12.92 million | 40% | Record-high exemption |
| 2024 | $13.61 million | 40% | Current year |
| 2025 | $13.99 million | 40% | TCJA expires after 2025 |
Estate Tax Calculator
The Estate Tax Calculator helps you estimate the federal estate tax liability on your taxable estate. Estate taxes apply to the transfer of property after death, and this tool provides an approximation based on current IRS rules (2025). While many states impose additional estate or inheritance taxes, this calculator focuses on federal estate tax calculations.
Key Features:
✔ Comprehensive Asset & Liability Tracking – Input real estate, investments, retirement accounts, life insurance, and other assets, along with debts, funeral expenses, and deductions.
✔ Lifetime Gift Adjustments – Accounts for tax-free gifts made during your lifetime, which may reduce your estate tax exemption.
✔ Real-Time Tax Estimation – Calculates your net taxable estate and determines whether it exceeds the federal exemption ($12.92 million in 2025).
✔ Clear Results – Displays the estimated federal estate tax due (if any) at a 40% rate on amounts above the exemption.
Who Should Use This Calculator?
- Individuals planning their estate or inheritance strategies
- Executors and beneficiaries assessing potential tax liabilities
- Financial advisors helping clients with wealth transfer planning
Note: State estate taxes, if applicable, are not included in this calculation. For precise estate planning, consult a tax professional or estate attorney.