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Estate Tax Calculator

Will your estate owe federal tax? Compare your estate to the 2025 exemption ($13.99M per person) to see your potential exposure.

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Estimated federal estate tax
Exemption applied
Taxable estate
Are you exposed?

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A high bar, for now

Very few estates owe federal estate tax because the exemption is so high — $13.99M per person in 2025, effectively ~$28M for a married couple using portability. Above the exemption, the rate climbs to 40%. Many states also levy their own estate or inheritance tax with far lower thresholds.

How it’s calculated & sources

Taxable estate = total estate − the exemption for your status. Estimated tax applies the top 40% federal rate to the excess. This is a simplified view; trusts, gifts and state taxes change the real picture.

Source: IRS 2025 federal estate-tax exemption ($13.99M individual). Note: the exemption is scheduled to roughly halve in 2026 unless extended — a key planning window.

Results update as you type and are general estimates, not personalized financial, tax, medical or legal advice. Verify with a professional.

Worked example

A $5M estate for an individual is well under the $13.99M exemption, so no federal estate tax is due — though a state estate tax still could apply.

Frequently asked questions

Does my state have an estate tax?

Possibly — about a dozen states levy estate or inheritance taxes, several with exemptions around $1–2M. Check your state; this tool is federal only.

What’s changing in 2026?

The federal exemption is set to drop to roughly half its current level after 2025 unless Congress acts — making gifting and trust planning timely for large estates.