Gift Tax Calculator

2026

Calculate gift tax with 2026 annual exclusion ($19,000) and lifetime exemption. See remaining exemption.
$
$
$

Gift Tax Owed

$0.00

Covered by lifetime exemption

Taxable Gift

$31,000.00

Remaining Lifetime Exemption

$14,969,000.00

Annual Exclusion Left

$0.00

Gift Tax Breakdown

Gift Amount$50,000.00
Less: Annual Exclusion($19,000.00)
Taxable Gift$31,000.00
Lifetime Exemption (before)$15,000,000.00
Exemption Used This Gift($31,000.00)
Lifetime Exemption (after)$14,969,000.00
Amount Subject to Tax$0.00
Gift Tax Owed$0.00

Strategy Notes

Annual ExclusionGive up to $19,000.00 per recipient tax-free
Married CouplesCan split gifts to double the annual exclusion
Lifetime Exemption$15,000,000.00 unified with estate tax (2026)
Education/MedicalDirect payments to institutions are exempt from gift tax
Filing RequirementForm 709 required

Based on 2026 gift tax rules. The annual exclusion is $19,000 per recipient. The lifetime exemption of $15,000,000 is unified with the estate tax exemption. Gifts to spouses who are U.S. citizens qualify for the unlimited marital deduction. Consult a tax professional for personalized advice.

Use the Gift Tax Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

This Gift Tax Calculator helps you understand potential gift tax implications for transfers made in 2026. It factors in the 2026 annual exclusion of $19,000 per recipient and the substantial lifetime gift and estate tax exemption. Knowing your potential gift tax liability and remaining exemption is crucial for effective estate planning.

The calculator first determines the taxable gift amount by subtracting the 2026 annual exclusion ($19,000 per recipient) from the total gift value. This taxable amount is then applied against your remaining lifetime gift and estate tax exemption. If the taxable gift exceeds your remaining lifetime exemption, gift tax would be due on the excess amount.

Remember, the annual exclusion is per recipient, meaning you can give $19,000 to multiple individuals without it counting against your lifetime exemption. Spouses can also elect to 'split gifts,' effectively doubling the annual exclusion to $38,000 per recipient. Be mindful that the lifetime exemption is a combined limit for both gifts made during your lifetime and your estate at death.

Example: Gifting to multiple individuals

  1. 1 You plan to gift $50,000 to your daughter and $30,000 to your son in 2026. Your current lifetime exemption used is $0.
  2. 2 For your daughter, the taxable gift is $50,000 - $19,000 (annual exclusion) = $31,000. For your son, the taxable gift is $30,000 - $19,000 (annual exclusion) = $11,000. Your total taxable gifts for 2026 are $31,000 + $11,000 = $42,000.
  3. 3 Assuming the 2026 lifetime exemption is $13.61 million, your remaining lifetime exemption after these gifts would be $13,610,000 - $42,000 = $13,568,000. No gift tax is due in this scenario.
  4. 4 This calculation shows how the annual exclusion significantly reduces the amount that counts against your lifetime exemption. It also highlights that even substantial gifts may not trigger gift tax if your lifetime exemption remains high.

Source: IRS — Forms, Instructions & Publications · Last updated: April 2026

Frequently Asked Questions

How much can I gift without paying gift tax in 2026?
You can gift up to $19,000 per recipient per year (2026 annual exclusion) without any gift tax or reporting. Married couples can gift $38,000 per recipient. Gifts above the annual exclusion count against your lifetime exemption.
What is the lifetime gift tax exemption?
The 2026 lifetime gift and estate tax exemption is approximately $7,000,000 per person. Gifts exceeding the annual exclusion ($19,000) reduce this lifetime amount. Any remaining exemption applies to your estate at death.
Do I have to pay gift tax if I give my child $50,000?
You will not owe tax immediately. The first $19,000 is covered by the annual exclusion. The remaining $31,000 is reported on a gift tax return (Form 709) and reduces your lifetime exemption. You only pay tax after exhausting the full lifetime exemption.

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