PRE-TAX VERSUS AFTER-TAX MTA PASS PURCHASE
| AFTER-TAX PURCHASE |
PRE-TAX PURCHASE |
| $300.00 |
|
Gross Paycheck |
| -90.45 |
|
(fed-state-FICA taxes)* |
| 209.55 |
|
after-tax paycheck without pass |
| -64.00 |
|
pass purchase |
| $145.55 |
|
paycheck |
|
| $300.00 |
|
Gross Paycheck |
| -64.00 |
|
pass purchase |
| 236.00 |
|
adjusted gross |
| 71.15 |
|
(fed-state-FICA taxes) |
| $164.85 |
|
paycheck |
|
YOU KEEP $19.30 MORE EACH MONTH OR $231.60 MORE PER YEAR!
YOUR $64 MONTHLY PASS AFTER USING PRE-TAX BENEFITS COSTS ONLY $44.70!
*based on 15% tax bracket
|
