Tannin Capital, LLC
Clay H Young, CFA
1026 Jay Street
Suite B153
Charlotte, NC 28208
844-682-6646
704-552-1082
clayyoung@tannin.com
tannin.com
 
 




Federal Gift Tax Estimator
Federal Gift Tax Estimator

Enter year of gifts (or project gift tax based upon tax provisions for year entered).

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Enter amount of current gifts minus any exclusions or deductions (do not reduce amount of gifts by the unified credit applicable exclusion amount).

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Enter amount of prior gifts (post-1976) minus any exclusions or deductions (do not reduce amount of gifts by the unified credit applicable exclusion amount).

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Enter amount of unified credit (applicable credit amount) used on prior gifts.

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Enter amount of the unified credit applicable exclusion amount unused by the last deceased spouse of the surviving spouse whose gift tax is being calculated here. The deceased spouse must die in 2011 or later. Portability of the DSUEA is not available for gifts made before 2011.



This is a hypothetical example intended for illustration purposes only.

This calculator calculates gift tax based upon the taxable gifts that you input. It does not show any amounts that may pass to others using an exclusion or deduction, including any additional gifts to a spouse using the marital deduction.

The deceased spousal unused exclusion amount is available only for estates of decedents dying in 2011 or later and only if an election is made. This calculator reduces the deceased spousal unused exclusion amount used to calculate the unified credit if the amount entered exceeds the basic exclusion amount for the year entered. Portability of the DSUEA is not available for gifts made before 2011.

This calculator does not take into consideration any state taxes.



This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.  Investing involves risk and you may incur a profit or a loss.  Tannin Capital, LLC does not provide legal or tax advice.  For legal or tax advice, please seek the services of a qualified professional.  This communication and the information it contains should not be interpreted as an offer by Tannin Capital, LLC to provide investment advisory services.  Please visit tannin.com for important disclosures.  Preserve Strengthen Grow® Tannin™

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2022.