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DEPENDENT CARE ASSISTANCE PROGRAM (DeCAP) SAVINGS CALCULATOR FOR PLAN YEAR 2026
- Enter the requested information below to calculate your DeCAP tax savings
- Use the TAB key or mouse to move within the worksheet
- Do not use the ENTER key as a way to navigate through this worksheet or to complete your calculation.
Number of Exemptions Claimed:
Federal
State
City
Tax Status:
Single
Married
Number of Eligible Dependent Children under Age 13 for Whom You Incur Dependent Expenses:
Your Gross Annual Income:
$
Are you in the Pension System?
Yes
No
Annual Pension Contribution:
$
Enter Annual Health Insurance Premium:
$
If you are a participant in the Health Care Flexible Spending Account Program, enter annual contribution (maximum $3,400, including the annual administrative fee of up to $48):
$
Enter your total annual dependent care expenses here. Note that the maximum yearly contribution to DeCAP is $7,500, including the annual administrative fee of up to $48:
$
Enter annual contribution to the TDA Plans for Pretax(457, 401k, 403b), including Deferral Acceleration for Retirement (DAR), if any:
$
Excluding DAR, is your annual contribution to any one of the TDA Plans equal to or more than 7.5% of your gross annual income?
Yes
No
Enter annual After-Tax Deductions (Roth 457, Roth 401k, IRA, MCU,Union Dues,Saving Bonds, Pension Loan, Child Support, etc.):
$
:
DeCAP SAVINGS COMPARISON
DeCAP
Tax Credit
YOUR GROSS ANNUAL INCOME:
$
$
P
R
E
-
T
A
X
Pension
Contribution:
Health
Insurance Premium:
Annual Amount
for Health Care Flexible Spending Account Program Expenses:
Dependent Care Assistance Program Annual Contribution:
Dependent Care Assistance Program Administrative Fee:
Deferred
Compensation Plan Annual Contribution:
ADJUSTED GROSS INCOME:
$
$
Federal
Income Tax:
New
York State Income Tax:
New
York City Income Tax:
FICA
Deduction:
Medicare
Deduction:
Federal
Tax Credit:
New
York State Tax Credit:
After-Tax
Cost of Dependent Care Expenses:
After-Tax
Deductions (MCU, Union Dues, Saving Bonds, Pension Loan, Child Support, etc.):
TAKE-HOME PAY
$
$
DeCAP TAX SAVINGS
Please Note: 1) This worksheet provides only estimates of tax information and should not be assumed to be tax advice. Be sure to consult a tax advisor to determine the appropriate tax advice for your financial situation. 2) This worksheet is not intended nor shall be construed as a guarantee of tax savings.
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