How It Works
For a simple estate, estimate=max(0,gross estate−deductions−remaining exclusion)×40%. The 2026 basic exclusion is $15 million.
Remaining exclusion must reflect prior taxable gifts and any legally applicable portability.
Scope and Limitations
- Simplified federal estimate; excludes state estate/inheritance tax, special credits, nonresident rules, complex lifetime-gift tax interactions and eligibility determinations. Obtain verified deductions and remaining exclusion before using this estimate.
Reference Sources
FAQs
How does this calculator work?
For a simple estate, estimate=max(0,gross estate−deductions−remaining exclusion)×40%. The 2026 basic exclusion is $15 million.
What assumptions should I check?
Simplified federal estimate; excludes state estate/inheritance tax, special credits, nonresident rules, complex lifetime-gift tax interactions and eligibility determinations. Obtain verified deductions and remaining exclusion before using this estimate. Remaining exclusion must reflect prior taxable gifts and any legally applicable portability.