Federal Tax Incentives for transit, vanpooling and bike commuting

 



Employer Savings Calculator

As an employer, if you set up a commuter choice program, you will save money and so will your employees. You will be able to save money by reducing payroll taxes. Your employees will be able to take home more income by using pre-tax income to pay for transit and vanpool fares and parking costs.

Please use the following calculator to estimate employer tax savings.


Transit and Vanpool
 
Participants

Please enter the number of employees you believe will participate in this aspect of the program.
RequiredIntegers only
 
Fares

Please enter the amount of money (use a whole dollar amount), on average, each of your employees will put into the transit and vanpool pre-tax program per month. The amount for transit and vanpool fares must not exceed $230.
$ RequiredIntegers only

Parking
 
Participants

Please enter the number of employees you believe will participate in this aspect of the program.
RequiredIntegers only
 
Costs

Please enter the amount of money (use a whole dollar amount), on average, each of your employees will put into the parking cost pre-tax program per month. The amount for parking costs must not exceed $230.
$ RequiredIntegers only

 
Employee Status

Please select the percent of employees in your company who make more than $84,900 annually.

Administrative Costs
 
Hours

Please enter the number of hours you expect your human resources staff to spend per month on implementing these programs.
RequiredIntegers only
 
Salary

Please enter the average annual salary for human resources specialist personnel at the company. (National average is $37,700)
$ RequiredIntegers only
 

Estimate Employer Annual Tax Savings:
$0.00
Estimated Employer Annual Administrative Costs:
$0.00

Estimated Employer Annual Savings or (Cost):
$0.00