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Estate Tax Calculator
The federal estate tax applies to estates above a certain exemption threshold, with a flat 40% tax rate on the taxable amount. Understanding your potential estate tax liability is crucial for estate planning and ensuring your heirs receive the maximum inheritance. Use this calculator to estimate your estate tax based on your assets, deductions, and marital status.
Estate Tax Calculator
Estate Tax Calculator
Calculate the federal estate tax on your estate. Understand how the exemption threshold and 40% tax rate affect what your heirs will receive.
Estate Details
Tax Breakdown
Exemption$13,610,000
Taxable Estate$890,000
Federal Estate Tax
$356,000(40%)
Total Estate Tax$356,000
Your Results
Net Estate to Heirs
$14,144,000
after all taxes
Taxable Estate
5.93%
Effective Tax Rate
2.37%
Federal Exemption
Your single exemption is $13,610,000. Only amounts above this threshold are subject to the 40% federal estate tax.
Tax Tips
- •Married couples can port the unused exemption of the deceased spouse.
- •Consider lifetime gifting to reduce estate size below exemption threshold.
- •Irrevocable trusts can remove assets from your taxable estate.
- •Consult an estate planning attorney for comprehensive strategies.
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