3-year pledge
A married Colorado resident with an adjusted gross income of $110,000 and filing jointly makes a three-year pledge totaling $5,000 over 42 months (July 2018-December 2021).
Gift Amount: $5,000
Federal Tax Deduction (22%): -$1,210.00
State Tax Deduction (4.63%): -$231.50
Enterprise Zone Tax Credit (25%): -$1,250.00
After-Tax Cost: $2,308.50
Monthly total out-of-pocket amount: $54.76