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Tax Savings Worksheet

Save on Taxes and Increase Your Take-Home Pay
Simply fill in the following two items and click the Calculate button, and you will be able to see a "What if..." example of how much you might save.* Because of the tax advantages available to you, there are IRS limits on how you can use the spending accounts and how much you may contribute.

Monthly income before taxes $
Estimated monthly expenses** $

(Do not use commas or dollar signs in the amounts you enter.)

* This is a rough estimate only, since this worksheet does not use the actual multi-level tax structure. Your savings may be higher or lower than indicated by this worksheet.

** Please refer to the list of eligible expenses and/or the Health Care Expenses Worksheet and Dependent Care Expenses Worksheet to get an idea of the types of expenses that you might want to include in your estimate.