Turbo Tax Calculator 2025 Estimator. Annual limit on outright gifts: At this point, estimate your 2021 tax return now on efile.com before you prepare and efile your 2021 tax return by april 18, 2022.
The generation skipping tax lifetime exemption for 2025 is $13,990,000. Turbotax’s tax refund calculator, also known as taxcaster, is here to simplify the process.