Gift Tax Calculator
Calculate gift tax implications by country. See annual exclusions, lifetime exemptions, and estimated tax.
Gift Details
Previously given gifts this tax year
Results
Annual exclusion
$18,000
Lifetime exemption
$13,610,000
Gift amount
$25,000
Taxable amount
$7,000
Estimated tax
$2,800
🇺🇸 United States — Gift Tax Rules
Annual exclusion (2024): $18,000 per person. Lifetime exemption: $13.61M. Gifts above annual exclusion reduce your lifetime exemption before any tax is due. Unlimited marital deduction for US citizen spouses.
Source: IRS Publication 559 / Form 709
Gift Tax Calculator — By Country
Gift tax rules vary dramatically between countries. The United States charges a federal gift tax of up to 40% on gifts above the annual exclusion ($18,000 per recipient in 2024), but a $13.61M lifetime exemption means most people never pay gift tax. The UK uses a 7-year rule where gifts become inheritance tax-free after 7 years. India treats gifts above ₹50,000/year as income (fully exempt from relatives). Australia and Canada have no gift tax at all. Germany and France allow large allowances that reset every 10–15 years. Always check current rates with a local tax professional — the figures shown are based on 2024/25 publicly available rules and may have changed.