Commuter Savings Calculator

  • Should you take advantage of commuter benefits?
  • How much should you spend on transit, vanpool and parking each month?
  • How much can you save?
  • How much can your company save?
  • Use the Commuter Benefits Calculator to find out.

Enter the amount you spend on the following:

  Public transportation (bus, train, ferry, subway, streetcar) /month
  Vanpool /month
  Parking /month
  Total /month
  Enter Federal, State & Local taxes: %
  FICA (includes Medicare) %
  Total taxes: %
 
  Estimated Tax Savings:
  You save $ /month
  You save $ /year

Remember:

  • Only your expenses are eligible. Regulations do not allow the plan to cover expenses for your spouse or any dependents.
  • Parking at or near your place of work or at or near where you take public transportation is eligible. Parking at or near your home is not.
  • You save taxes on the first $115 a month in transit and vanpool expenses. If your expenses are less, then you'll save taxes on whatever you spend.
  • You save taxes on the first $220 a month in parking expenses. If your expenses are less, then you'll save taxes on whatever you spend.
  • You can save taxes on a total of $335 a month for transit, vanpool and parking expenses.