Enter your household size, monthly income, and state tax rate into the calculator to determine your food stamps benefit.
Food Stamps Benefit Calculation Formula
The following formula is used to calculate the net benefit from your income.
Net Benefit = Gross Benefit * (1 - State Tax Rate / 100)
Variables:
- Net Benefit is the net amount of food stamps you receive ($)
- Gross Benefit is the initial benefit amount before deductions ($)
- State Tax Rate is the percentage of tax deducted from your income (%)
To calculate the net benefit, multiply the gross benefit by the state tax rate and subtract the result from the gross benefit.