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Author Question: If you are in the 20% federal and 5% state income tax brackets, how much do you save each year by ... (Read 29 times)

urbanoutfitters

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If you are in the 20% federal and 5% state income tax brackets, how much do you save each year by allocating $200 per month to your flexible spending account assuming you have zero funds left over at the end of the year?


◦ $600
◦ $400
◦ $20 per month
◦ $2,400


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Marked as best answer by urbanoutfitters on Apr 14, 2019

rachel

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urbanoutfitters

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


T4T

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Reply 3 on: Yesterday
Excellent

 

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