Gift Tax Calculator 2026
$19,000 annual exclusion per recipient. $15M lifetime exemption under OBBBA. Calculate your gift tax and plan smart transfers.
How to Use This Calculator
Tab "Calculate Gift Tax"
Enter the total gift amount, number of recipients, and your filing status. If married, check "gift splitting" to double the annual exclusion to $38,000 per recipient. The calculator shows how much of your gift is excluded from tax, how much applies to your lifetime exemption, and whether any actual gift tax is owed. Most gifts result in $0 tax because the $15M lifetime exemption under OBBBA absorbs taxable amounts.
Tab "Annual Exclusion"
Enter how many recipients you plan to give to and whether you are married with gift splitting. This tab calculates your maximum annual tax-free gifting capacity and shows a per-recipient breakdown. Use this to plan how much you can give each year without any tax filing requirement or impact on your lifetime exemption.
Tab "Lifetime Exemption"
Enter your cumulative prior taxable gifts (amounts above the annual exclusion from previous years) and your current year taxable gift (auto-filled from Tab 1 or entered manually). The calculator shows how much of your $15M lifetime exemption you have used, how much remains, and how many years at your current gifting rate before it is exhausted.
The Formulas
Single: $19,000 per recipient per year
Married with gift splitting: $38,000 per recipient per year (2 × $19,000)
Taxable Gift per Recipient:
Taxable = max(0, Gift per recipient − Annual exclusion)
Total Taxable Gifts:
Total taxable = Taxable per recipient × Number of recipients
Lifetime Exemption (OBBBA 2026):
$15,000,000 per person ($30,000,000 per married couple)
Unified with estate tax exemption
Gift Tax (on amounts above lifetime exemption):
Graduated brackets from 18% to 40%:
$0–$10K: 18% · $10K–$20K: 20% · $20K–$40K: 22%
$40K–$60K: 24% · $60K–$80K: 26% · $80K–$100K: 28%
$100K–$150K: 30% · $150K–$250K: 32% · $250K–$500K: 34%
$500K–$750K: 37% · $750K–$1M: 39% · $1M+: 40%
Gift tax only applies after you have exhausted your entire $15M lifetime exemption. For the vast majority of taxpayers, the annual exclusion and lifetime exemption together mean no gift tax is ever owed. The lifetime exemption is unified with the estate tax exemption under OBBBA, so gifts that use the exemption reduce the amount available to shelter your estate at death.
Example
$50,000 Gift to 1 Person — Single Filer
A $50,000 gift to one person: $50,000 minus the $19,000 annual exclusion leaves $31,000 taxable. This $31,000 is applied against your $15,000,000 lifetime exemption, leaving $14,969,000 remaining. No actual gift tax is owed. You must file Form 709 to report the gift and track exemption usage. At $31,000 per year in taxable gifts, your exemption would last 483 more years.