How to use the Estate Tax Calculator
The estate tax calculator estimates US federal estate tax on the value above the exemption.
Open the Estate Tax Calculator →
What you need to enter
- Gross estate value ($)
- Debts, expenses and deductions ($)
- Federal exemption ($)
- Tax rate above exemption (%)
The formula
Tax = (estate − deductions − exemption) × rate, if positive.
Worked example
Using the default values in the calculator:
- Gross estate value ($): 18000000
- Debts, expenses and deductions ($): 500000
- Federal exemption ($): 15000000
- Tax rate above exemption (%): 40
| Estimated federal estate tax | $1,000,000.00 |
| Taxable estate | $2,500,000.00 |
| Net estate | $17,500,000.00 |
| Left to heirs | $16,500,000.00 |
Tips for better results
- Exemptions and rates change, so edit them for the current law.
- State estate taxes may apply.
Common mistakes to avoid
- Using an outdated exemption.
- Ignoring marital deductions and trusts.
Please note: Calculators and guides give general estimates, not financial, tax or investment advice. Real offers depend on your lender, location and personal situation. See our Disclaimer.