US Gift Tax Annual Exclusion Calculator 2024

Calculate US gift tax using the $18,000 annual exclusion per recipient (2024). Gifts above the exclusion reduce the lifetime exemption ($13.61m per person). Spousal transfers unlimited.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How It Works

Calculate US gift tax using the $18,000 annual exclusion per recipient (2024). Gifts above the exclusion reduce the lifetime exemption ($13.61m per person). Spousal transfers unlimited

Each component has a specific meaning:

  • $18 — The $18 recorded for the scenario being assessed.
  • 000 annual exclusion per recipient — The 000 annual exclusion per recipient recorded for the scenario being assessed.

Note: Interpret the gift tax annual exclusion result against the thresholds and context described above.

How to Use

Enter the $18, 000 annual exclusion per recipient for the scenario you are assessing. Calculate US gift tax using the $18,000 annual exclusion per recipient (2024). Gifts above the exclusion reduce the lifetime exemption ($13.61m per person). Spousal transfers unlimited. Use the gift tax annual exclusion result to inform your calculation.

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Frequently Asked Questions