Estate Tax Calculator
This calculator is designed to calcualate how much a decedent will incur in estate tax. The calculator takes into consideration prior taxable gifts in this calculation. It requires the current "basic exclusion amount to be input."
Total gross estate
Funeral & estate expenses
Tentative taxable estate
State death tax deduction
This deduction is for estate, inheritance, legacy, or succession taxes paid as the result of the decedent's death to any state or the District of Columbia.
Adjusted taxable gifts made after 1976
Adjusted taxable gifts are added to the taxable estate to determine the tax base. The transfer tax is figured based on the tax base. The transfer tax is reduced for the gift tax paid in the past.
Tentative tax base
Total gift tax paid or payable
Gross estate tax
Basic exclusion amount
Deceased spousal unused exclusion (DSUE) amount
Filing a timely and complete Form 706 with a DSUE amount will be considered an election to transfer the DSUE amount to the surviving spouse. An executor of an estate who files a Form 706 that does not elect to transfer the DSUE amount to the surviving spouse must affirmatively opt out of portability.
Applicable exclusion amount
Applicable credit amount
Credit for foreign death taxes
Credit for tax on prior transfers
Net estate tax