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Financial calculator

Estate Tax Calculator

Estimate taxable estate using user-entered exemption, deductions and tax-rate assumptions.

Estate and inheritance taxes are jurisdiction-specific. Enter current exemption and rate from the relevant authority or advisor.

Method

The calculator subtracts deductions from gross estate, adds prior taxable gifts for exemption planning context, subtracts the entered exemption and applies the entered tax rate to the taxable amount.

Example

If a gross estate is $15,000,000, deductions are $1,000,000 and exemption is $13,610,000, taxable estate is $390,000 before prior gift adjustments. At 40%, estimated tax is $156,000.

Common mistakes

Do not assume one federal exemption covers every estate situation. State, inheritance, trust and portability rules may also matter.

Limitations

This is not estate planning, legal or tax advice. It excludes state/provincial taxes, valuation discounts, portability, trusts, gifts, inheritance rules and filing requirements unless represented manually in the inputs.

References

Last reviewed: 2026-05-17

Before relying on this result

Use this calculator together with the formula, assumptions, limitations and examples on the page. If the topic involves health, tax, lending, investment, legal, safety or current-rate decisions, treat the number as an estimate and check the relevant primary source or professional guidance.

Calculator metadata last reviewed: 2026-05-14.