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Gift Tax Calculator

Calculate gift tax implications using 2026 annual exclusions and lifetime exemption. Track exemption usage and determine Form 709 filing requirements.

2026: $19,000 annual exclusion per recipient.$15,000,000 lifetime exemption.

Gift Details

$

Cumulative taxable gifts from prior years (from Form 709)

2026 Gifts

Gift #1
$

Enter gift details to calculate tax implications.

2026 Gift Tax Limits

Annual Exclusion

$19,000

Per recipient, per year

Lifetime Exemption

$15,000,000

Per individual

Non-Citizen Spouse

$194,000

Annual exclusion

Understanding Gift Tax

The federal gift tax applies to transfers of property while you're alive. However, the annual exclusion and lifetime exemption mean most people will never actually pay gift tax—though they may need to file gift tax returns to track exemption usage.

Annual Exclusion Gifts

You can give up to $19,000to any number of recipients each year without using any of your lifetime exemption. These gifts don't require a gift tax return unless you're splitting gifts with a spouse.

Gift Splitting for Married Couples

Married couples can elect to "split" gifts, effectively doubling the annual exclusion to $38,000 per recipient. Both spouses must consent and file Form 709, even if only one spouse made the gift.

Special Exclusions

Unlimited Marital Deduction

Gifts to a U.S. citizen spouse are completely excluded from gift tax, with no limit. Non-citizen spouses have an annual limit of $194,000.

Medical & Educational Exclusion

Payments made directly to medical providers or educational institutions for someone else's bills are excluded from gift tax entirely, in addition to the annual exclusion.

Lifetime Exemption Planning

The $15,000,000 lifetime exemption is shared between gift tax and estate tax. Large gifts during life reduce the exemption available at death. For wealthy clients, using exemption during life can be advantageous as future appreciation occurs outside the estate.

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