Fringe Benefits Tax Calculator

Estimates tax impact based on the *taxable value* of benefits and *your* tax rates.

Enter the estimated marginal tax rates for the tax year you are calculating. Provide rates as percentages (e.g., 22 for 22%).

Tax Year:

(For display in results only. Ensure rates below match this year.)

Estimated Marginal Federal Income Tax Rate (%):

Estimated Marginal State Income Tax Rate (%):

(Enter 0 if no state income tax)

Estimated Marginal Local Income Tax Rate (%):

(Enter 0 if no local income tax)

Enter the combined rates (employee + employer) for benefits subject to payroll taxes (like U.S. FICA).

Applicable Employee Payroll Tax Rate (%):

(Employee's combined SS + Medicare rate applied to the taxable value.)

Applicable Employer Payroll Tax Rate (%):

(Employer's combined SS + Medicare rate applied to the taxable value.)

Add each taxable fringe benefit and its **estimated annual taxable value**.

You must determine the correct taxable value according to applicable tax laws.

Benefit Name:

Annual Taxable Value ($):

Subject to Payroll Tax?

Enter details in the tabs above and click Calculate.