🎲 Fun & Lifestyle
Gift Tax Calculator
US gift tax annual exclusion + lifetime exemption.
Enter values to see your result
Frequently asked questions
What is the annual exclusion?
$18,000 per recipient per year (2024). You can give this much to unlimited people with no reporting. Spouses can combine for $36K per recipient.
When do I owe gift tax?
Only after you've used up your entire $13.61M lifetime exemption. Most people never pay gift tax, but must file Form 709 if gifts exceed the annual exclusion.
Does paying tuition count?
No — payments directly to an educational institution for tuition are unlimited and don't count as gifts. Same for direct medical payments to providers.
Why track lifetime exemption?
Because it's shared with estate tax. Every dollar of lifetime exemption you use now reduces what's available to shield your estate from tax at death.