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US Investing

US estate tax calculator

Non-resident aliens get only a $60,000 exemption on US-situated assets — not the $13.99M that US citizens receive. Enter your US stock and ETF holdings to see exactly what your heirs would receive after estate tax, in both USD and INR.

Your US-situated assets

Residence & worldwide estate

FX rate

No India-US estate tax treaty. Indian residents get only the $60,000 NRA exemption. Everything above is taxable at 18–40%. US stocks, US-listed ETFs (VOO, SPY, QQQ), and ADRs are all US-situated. Ireland-domiciled UCITS ETFs (CSPX, VUAA) are not US-situated and escape this tax.

Your heirs receive

$357,200

≈ ₹3.32 crore after US estate tax

Net US-situs estate$500,000
$60,000 NRA flat exemption− $60,000
Taxable estate$440,000
US estate tax− $142,800
Effective estate tax rate28.6%
Heirs receive (USD)$357,200
Heirs receive (INR)≈ ₹332L

How to eliminate this liability

  • Switch US ETF positions to Ireland-domiciled UCITS equivalents (CSPX → VOO, VUAA → S&P 500) — not US-situated
  • Use the GIFT City IFSC route — assets held via Indian entity, potentially outside your NRA estate
  • Indian mutual funds investing in US markets — fund units are Indian assets, not US-situated

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