The Qualified Transportation Account (QTA) Calculator will help you determine an appropriate Monthly Contribution Amount. And, it will automatically calculate estimated tax savings based on your Annual (QTA) Contributions.

Annual (QTA) expenses consist of all qualified expenses incurred by you. (QTA) expenses are out-of-pocket expenses that you incur to pay for transportation and parking.

To begin, please enter your Annual Household Income, Marital Status, Number of Exemptions, and select your number of annual Pay Periods. Then, enter the amount of expenses you typically incur on a yearly basis for each of the qualified categories.

 
Enter amounts in whole dollars - no decimal points, or dollar signs (For example: 500).
Enter your Annual Household Income: $
Select your Marital Status:  
Select the number of Exemptions:  
Enter the number of Pay Periods you have per year:  
     
 
Please enter your monthly eligible transportation and parking expenses into the fields below(Example: 100).

 1. Transporation - Maximum monthly benefit amount: $230.00
 Monthly transportation expenses. $
 Mass Transit, Voucher, Van Pool
 2. Parking - Maximum monthly benefit amount: $230.00
 Monthly parking expenses: $
 Parking Garages, Parking Lots
Estimated Annual Expenses
Transportation $
Parking $
 
The tax savings computation is based on 2010 Tax Tables, assumes various tax deductibles, and does not consider state and local taxes. Actual savings will vary based on your individual tax situation. Please consult a tax professional for more information on tax implications of an Transportation Management Account.