Gift Tax 2024 Rate Calculator. The gift tax exclusion allows any individual to gift a set amount each year (which is $18,000 for 2024) to as many individuals as they desire without incurring a gift tax. After giving out money or property exceeding the lifetime threshold, your gift tax rate will be between 18 percent and 40 percent,.

Free online income tax calculator to estimate u.s federal tax refund or owed amount for both salary earners and independent contractors. Calculate your gift tax effortlessly with our free online gift tax calculator.