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Estate Tax Calculator

Calculate estate and inheritance tax liability with country-specific exemptions and deductions.

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Exemption: $13,610,000 | Max Rate: 40.0%

Gross Estate Value

Total fair market value of all assets

Deductions

Debts & Liabilities

Mortgages, loans, credit cards

Funeral Expenses

Administrative Costs

Legal fees, executor fees, appraisals

Charitable Bequests

100% deductible from estate

Marital Deduction

Assets passing to surviving spouse

Taxable Estate

$14,835,000

After $165,000 deductions

Subject to Tax

$1,225,000

Exemption: $13,610,000

Estate Tax

$435,800

2.9% effective rate

Net to Heirs

$14,399,200

Estate Summary

Gross Estate$15,000,000

- Debts & Liabilities($100,000)

- Funeral Expenses($15,000)

- Administrative Costs($50,000)

Taxable Estate$14,835,000

- Exemption Applied($13,610,000)

Amount Subject to Tax$1,225,000

Estate Tax Due$435,800

Net to Heirs$14,399,200

Estate Distribution

Deductions(1.1%)

$165,000

Estate Tax(2.9%)

$435,800

Net to Heirs(96.0%)

$14,399,200

United States Estate Tax Information

- The federal estate tax exemption is $13.61 million for 2024.

- This exemption is per person and doubles for married couples.

- Portability allows unused exemption to transfer to surviving spouse.

- The exemption is set to drop to ~$7 million in 2026 unless extended.

- Some states have additional estate or inheritance taxes.

Important Disclaimer

Estate tax law is complex and varies by jurisdiction. This calculator provides estimates for educational purposes only. State and local taxes may apply. Consult with an estate planning attorney and tax professional for personalized advice.