Wealth Transfer Tax Calculator
Federal gift, estate and GST tax plus state inheritance tax and trust distribution math.
Total gifted
$50,000
Counts toward lifetime
$12,000
Exemption used
$12,000
Exemption remaining
$14,988,000
Lifetime exemption was made permanent at $15M by the One Big Beautiful Bill (2026). Trust uses compressed brackets — top 37% kicks in above $15,200 of undistributed income. Inheritance tax is paid by the recipient and only exists in PA, NJ, MD, KY, NE.