2024 Gift Tax Amount Calculator

2024 Gift Tax Amount Calculator. If you eventually exhaust your lifetime exclusion and must pay gift taxes, the rate you’ll pay depends on the value of gifts. Gift tax calculator gives you the taxability of a transaction.

Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married. How much is the gift tax for 2024?