Gift Tax Calculator

2026

Calculate gift tax with 2026 annual exclusion ($19,000) and lifetime exemption. See remaining exemption.

By Konstantin Iakovlev · Updated April 2026 · Source: IRS — Forms, Instructions & Publications

$
$
$

Gift Tax Owed

$0.00

Covered by lifetime exemption

Taxable Gift

$31,000.00

Remaining Lifetime Exemption

$14,969,000.00

Annual Exclusion Left

$0.00

Gift Tax Breakdown

Gift Amount$50,000.00
Less: Annual Exclusion($19,000.00)
Taxable Gift$31,000.00
Lifetime Exemption (before)$15,000,000.00
Exemption Used This Gift($31,000.00)
Lifetime Exemption (after)$14,969,000.00
Amount Subject to Tax$0.00
Gift Tax Owed$0.00

Strategy Notes

Annual ExclusionGive up to $19,000.00 per recipient tax-free
Married CouplesCan split gifts to double the annual exclusion
Lifetime Exemption$15,000,000.00 unified with estate tax (2026)
Education/MedicalDirect payments to institutions are exempt from gift tax
Filing RequirementForm 709 required

Based on 2026 gift tax rules. The annual exclusion is $19,000 per recipient. The lifetime exemption of $15,000,000 is unified with the estate tax exemption. Gifts to spouses who are U.S. citizens qualify for the unlimited marital deduction. Consult a tax professional for personalized advice.

Use the Gift Tax Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Gifts made in 2026 carry tax consequences that depend on two moving parts, and this tool sorts through both. It applies the 2026 annual exclusion of $19,000 per recipient and measures the rest against your sizable lifetime gift and estate tax exemption, giving you a picture of any liability and how much exemption you have left to work with.

First, the annual exclusion of $19,000 per recipient comes off the total value of each gift to arrive at the taxable amount. That figure is then drawn against your remaining lifetime gift and estate tax exemption. Tax becomes due only when a taxable gift runs past whatever lifetime exemption you still have available.

Because the exclusion resets for each person you give to, you can hand $19,000 apiece to as many individuals as you like without touching your lifetime exemption. Married couples can go further by electing to split gifts, which lifts the combined exclusion to $38,000 per recipient. Note too that the lifetime exemption is one shared pool covering both your lifetime gifts and your estate at death.

Example: Gifting to multiple individuals

  1. 1 You plan to gift $50,000 to your daughter and $30,000 to your son in 2026. Your current lifetime exemption used is $0.
  2. 2 For your daughter, the taxable gift is $50,000 - $19,000 (annual exclusion) = $31,000. For your son, the taxable gift is $30,000 - $19,000 (annual exclusion) = $11,000. Your total taxable gifts for 2026 are $31,000 + $11,000 = $42,000.
  3. 3 Assuming the 2026 lifetime exemption is $13.61 million, your remaining lifetime exemption after these gifts would be $13,610,000 - $42,000 = $13,568,000. No gift tax is due in this scenario.
  4. 4 This calculation shows how the annual exclusion significantly reduces the amount that counts against your lifetime exemption. It also highlights that even substantial gifts may not trigger gift tax if your lifetime exemption remains high.

Source: IRS — Forms, Instructions & Publications · Last updated: April 2026

Frequently Asked Questions

How much can I gift without paying gift tax in 2026?
You can gift up to $19,000 per recipient per year (2026 annual exclusion) without any gift tax or reporting. Married couples can gift $38,000 per recipient. Gifts above the annual exclusion count against your lifetime exemption.
What is the lifetime gift tax exemption?
The 2026 lifetime gift and estate tax exemption is $15,000,000 per person, made permanent by the One Big Beautiful Bill Act. Gifts exceeding the annual exclusion ($19,000) reduce this lifetime amount. Any remaining exemption applies to your estate at death.
Do I have to pay gift tax if I give my child $50,000?
You will not owe tax immediately. The first $19,000 is covered by the annual exclusion. The remaining $31,000 is reported on a gift tax return (Form 709) and reduces your lifetime exemption. You only pay tax after exhausting the full lifetime exemption.

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