Commuter Savings Calculator

If you commute to work using mass transit; if you incur expenses on or near your worksite or at the mass transit location; utilizing our commuter saving calculator below will help determine how much you can save by participating in a commuter/transit reimbursement program.

Enter the amount you spend on the following:
	Public transportation (bus, train, ferry, subway, streetcar)	per month
	Vanpool	per month
	Parking	per month
	Total	per month
	Enter federal, state & local taxes:	%
	Tax (includes Medicare):	%
Estimated Tax Savings: You save $  per month You save $  per year

Important:

• Only expenses for the individual participating in the Commuter/Transit reimbursement program are eligible. Expenses for your dependents, and your spouse are not eligible.
• Only parking expenses that are incurred as a result of parking at or near your place of work or at or near where you take public transportation are eligible.
• The maximum amounts you can set aside, per IRS guidelines, are $115 per month for mass transit expenses and $220 per month for parking expenses.