Estate Tax Calculator

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Total value of all assets including property, investments, cash, etc.
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2023 exemption: $12.92 million (adjust for current year)
Deductions & Exclusions
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Assets transferred to surviving spouse are generally tax-free
Estate tax rules vary by year

Estate Tax Calculation Results

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Estimated Federal Estate Tax Due

Calculation Breakdown
Gross Estate Value $0
Total Deductions $0
Taxable Estate $0
Federal Exemption $0
Taxable Amount $0
Federal Estate Tax Due $0
Effective Tax Rate
Tax as % of Gross Estate 0%
Tax as % of Taxable Estate 0%
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Net Inheritance
Gross Estate Value $0
Total Estate Tax $0
Net to Heirs $0

Estate Tax Details & Information

Federal Estate Tax Brackets (2024)
Taxable Amount Over Tax Rate Tax On
Note: Estate tax rates are progressive. Only the portion exceeding each threshold is taxed at that rate.
State Estate Tax Information
State Exemption Top Rate
New York $6.94M 16%
Massachusetts $2.00M 16%
Oregon $1.00M 16%
Maryland $5.00M 16%
Washington $2.19M 20%
Important: Many states have their own estate taxes with different exemptions and rates. Check your state's laws.
Estate Planning Tips
  • File estate tax return within 9 months of date of death
  • Consider lifetime gifting to reduce estate size
  • Set up trusts to protect assets and minimize taxes
  • Review beneficiary designations regularly
  • Make annual gift tax exclusion gifts ($18,000 in 2024)
  • Consider charitable remainder trusts
  • Use portability election for married couples
  • Consult with an estate planning attorney
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