Calculate federal estate tax liability against the $13.61M exemption, evaluate state-specific estate taxes (NY cliff, MA, WA, OR), and determine net wealth to heirs.
Gross estate valuation, liabilities, and state jurisdiction
Includes real estate, investment accounts, businesses, retirement plans, and life insurance proceeds.
Combined federal & state death taxes (17.1% effective rate)
Net to Heirs
$11,604,000
Federal Tax (40%)
$156,000
State Tax
$2,240,000
Federal Exemption
$13,610,000
Estate Tax = MAX[0, (Net Estate - Federal Exemption) × 40%] + State Estate Tax CalculationNet Estate = Gross Assets - Mortgages/Debts - Charitable Bequests - Marital Deductions. Federal rates apply at 40% over the statutory basic exclusion amount.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, underwriting, or legal advice. Actual interest rates, closing costs, lender fees, and statutory criteria may vary. Calconova explicitly disclaims all liability for any financial decisions or actions taken based upon these calculations. Users are strongly advised to consult a certified financial planner, CPA, or licensed lending officer prior to executing financial commitments.
Project retirement savings with employer match, compound returns, and IRS annual contribution limits.
Calculate 2026 IRS tax brackets, standard deduction, Social Security, Medicare, and take-home pay.
Calculate combined state and municipal sales tax for all 50 US states.