Calculate the tax savings from your gift to Purdue University Calumet

Amount of Gift:	$
Resident of Indiana:		Y N
Note: Illustration is based on 2009 Tax Rates.			You will be directed to a West Lafayette website. Please specify "Calumet campus." You do not need to register.

Filing a single return

Adjusted Gross Income	Federal tax bracket	* State tax credit	** Federal tax benefit	*** after tax cost of gift
$0 - $8,375	10%
$8,375 - $34,000	15%
$34,000 - $82,400	25%
$82,400 - $171,850	28%
$171,850 - $373,650	33%
More than $373,650	35%

Filing a joint return

Adjusted Gross Income	Federal tax bracket	* State tax credit	** Federal tax benefit	*** after tax cost of gift
$0 - $16,750	10%
$16,750 - $68,000	15%
$68,000 - $137,300	25%
$137,300 - $209,250	28%
$209,250 - $373,650	33%
More than $373,650	35%

Please contact Mary Jane Dopp (219-989-2314) in Advancement for additional information on tax benefits.

* The state of Indiana gives residents a 50 percent tax credit on gifts up to a total of $200 for single filers and on gifts up to a total of $400 for joint filers. The state of Indiana gives residents a $100 tax credit on gifts over a total of $200 for single filers and a $200 tax credit on gifts over a total of $400 for joint filers.

** Applicable for those who itemize deductions. Please note that this schedule does not reflect the effect of the phaseout of itemized deductions for high income tax payers.

*** This schedule is provided to illustrate potential tax savings. Individual tax situations vary; please consult your personal tax adviser.