Employee Benefits Tax Impact Calculator

Estimate the increase in taxes from receiving taxable benefits, based on *your* inputs.

Provide your annual salary and estimate your marginal tax rates.

Your Annual Salary ($):

Estimated Marginal Federal Tax Rate (%):

(Estimate based on your tax bracket.)

Estimated Marginal State Tax Rate (%):

(Enter 0 if no state income tax)

Estimated Marginal Local Tax Rate (%):

(Enter 0 if no local income tax)

Enter the **estimated annual taxable value** for each benefit. This is often different from the benefit's total cost.

Employer-Provided Health Insurance ($):

(Typically $0 taxable value to the employee in the U.S.)

Employer-Provided Life Insurance (Taxable Value $) :

(Often the value of coverage over $50,000.)

Education Assistance (Taxable Value $):

(Taxable value is often amount over annual limit, e.g., $5,250 in the U.S.)

Commuting/Transportation (Taxable Value $):

(Taxable value is often amount over monthly limit.)

Other Taxable Fringe Benefits (Taxable Value $):

(e.g., value of personal use of company car, certain awards, etc.)

Add any other taxable benefits and their estimated annual taxable value.

Enter details in the tabs above and click Calculate.