Estate Tax Calculator
Estate Parameters
Gross Assets
Deductions
Estate Distribution
Estimates based on 2024-2025 laws. Consult a professional.
Guide & Explanations
Federal & State Estate Tax Calculator 2024-2025
Estimate your federal estate tax and state estate tax liability with our comprehensive, real-time calculator. Designed for U.S. residents and estate planners, this tool helps you visualize the impact of taxes on your legacy.
How the Estate Tax Calculator Works
Our tool uses the latest IRS 2024 and 2025 tax laws to provide accurate estimations. It considers:
- Gross Estate Assets: Real estate, cash, stocks, business interests, life insurance, and retirement accounts.
- Allowable Deductions: Mortgages, debts, funeral expenses, administrative fees, and charitable bequests.
- Exemptions: Automatically applies the federal exemption threshold ($13.61M for 2024, $13.99M for 2025).
- Filing Status: Supports portability for married couples, effectively doubling the exemption.
2024 & 2025 Federal Estate Tax Rates
The federal estate tax is a tax on your right to transfer property at your death. For estates exceeding the exemption limit, the marginal tax rate is generally 40%.
| Year | Individual Exemption | Married Couple Exemption |
|---|---|---|
| 2024 | $13.61 Million | $27.22 Million |
| 2025 | $13.99 Million | $27.98 Million |
State Estate Taxes
Many states impose their own estate taxes with much lower exemption thresholds than the federal government. Our calculator includes estimations for:
- New York (including the "tax cliff" rule)
- Massachusetts ($2M exemption)
- Washington, Oregon, Illinois, and more.
Key Features
- Real-Time Calculations: See results instantly as you enter data.
- Interactive Charts: Visualize the distribution between heirs and the government.
- Data Persistence: Your entries are saved locally in your browser.
- Example Loading: Explore a typical large estate scenario with one click.
Disclaimer: This calculator provides estimates for educational purposes and does not constitute legal or tax advice.
Frequently Asked Questions
Q: Is Estate Tax Calculator free to use?
R: Yes, the Estate Tax Calculator utility is 100% free. All tools on Dolf.in are accessible at no cost and without intrusive ads.
Q: Is my data secure?
R: Absolutely. Dolf.in uses a 'Serverless' approach: your data is processed locally in your browser and is never sent to our servers.
Q: Do I need to install any software?
R: No, no download or installation is required. Everything works directly in your web browser.