2026 Calculator
Gift Tax Calculator
Calculate gift tax and annual exclusion
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
FAQ
How much can I gift tax-free in 2026?
You can give up to $18,000 per recipient per year without using any lifetime exemption or filing a gift tax return. Married couples can gift $36,000 per recipient by splitting gifts. Gifts for tuition or medical expenses paid directly to institutions are unlimited.
What is the lifetime gift tax exemption?
The 2026 lifetime gift tax exemption is $13.61 million. This is shared with your estate tax exemption. Gifts above the annual exclusion ($18K) count against this lifetime limit. Gift tax (40%) only applies after exceeding the lifetime exemption.
Do I need to file a gift tax return?
File Form 709 if you give more than $18,000 to any one recipient in a year, split gifts with spouse, give future interests, or give to a skip person (grandchildren). You don't owe tax until you exceed the $13.61M lifetime exemption.