Business Succession Tax Planning Calculator

Please fill in all required fields correctly.

Business & Owner Details

Estimated Fair Market Value (FMV) of Business

Owner's Adjusted Basis in Business

Holding Period (for Sale Scenario)

Tax Year for Planning

Owner's Est. Other Taxable Assets

Owner's Remaining Lifetime Gift/Estate Exemption

Est. State Estate/Inheritance Tax Rate (%)

Est. State Capital Gains Tax Rate (%)

Sale Scenario Details

Enter details if considering a sale (to family, employees, etc.). Selling price defaults to FMV if left blank.

Selling Price (if different from FMV)

Estimated Selling Costs

Owner's Filing Status (US Federal)

Owner's Est. Annual Taxable Income

Estimated Tax Impact Comparison

Scenario 1: Lifetime Gift

Taxable Gift Value:$0.00

Fed. Gift Taxable Amount:$0.00

Est. Federal Gift Tax:$0.00

Est. State Gift/Inher. Tax:$0.00

Owner's Remaining Lifetime Exemption:$0.00

Note: Assumes gift = FMV. Ignores annual exclusion ($19k/recipient in 2025). Basis typically carries over to recipient.

Scenario 2: Sale

Capital Gain/(Loss):$0.00

Gain Type:N/A

Est. Federal CGT (+NIIT):$0.00

↪ Fed Rate Detail:N/A

Est. State Capital Gains Tax:$0.00

Total Estimated Tax on Sale:$0.00

Net Proceeds to Seller:$0.00

Note: Buyer receives basis equal to purchase price. Discounted sale may have gift tax implications.

Scenario 3: Bequest at Death

Total Estimated Estate Value:$0.00

Federal Taxable Estate:$0.00

Est. Federal Estate Tax:$0.00

Est. State Estate/Inher. Tax:$0.00

Total Estimated Estate Tax:$0.00

Note: Assumes business passes at death. Heirs generally receive a step-up in basis to FMV at death, potentially reducing their future capital gains tax if they sell.

Disclaimer: These calculations are simplified estimates based on US federal tax rules for the selected year and user inputs. State taxes vary significantly. Tax laws are complex and subject to change (especially the 2026 projected exemption). This tool does not provide tax or legal advice. Consult qualified professionals.