Employee Resources

How will my employer benefits affect my taxes, Medicaid, or other government assistance?

Employer-paid childcare benefits above $7,500 are taxable to you. See below how that affects your personal financial situation.

Three quick checks.

Taxes, Medicaid, and other government assistance.

Taxes

Calculate your real benefit after taxes

See what your childcare benefit is really worth to you once taxes are figured in.

Open Calculator

Am I eligible for the $7,500 tax-free exemption?

To be eligible, both parents have to work and each earn at least $7,500 — or be a full-time student or unable to care for themselves. And even if you're eligible, there are cases where you're better off not taking the exemption. The calculator above runs that analysis for you.

Open the calculator

Heads up: this page is general education, not tax, legal, or benefits advice. Everyone's numbers are different. Before you change anything, check with your plan administrator, a free benefits navigator, or your own CPA. (We're CPAs — we're allowed to say that.)