US Annual Gift Tax Exclusion Calculator
Calculate gift tax implications and annual exclusion limits for wealth transfer strategies.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
Annual Exclusion = $18,000 per recipient (2024); Gift splitting doubles if married
Annual gift tax exclusion is $18,000 per recipient in 2024. Married couples can give $36,000/recipient through gift splitting without using lifetime exemption.
Frequently Asked Questions
Do I need to file a gift tax return?
File Form 709 if you give more than $18,000 to any one person (2024). You likely won't owe tax until you've used your $13.61M lifetime exemption.