LIFO Tax Benefit Calculator
Inputs - Enter Values into Blue-colored Cells
Description Value
Prior Year Inventory Balance
Current Year Inflation Rate
20 Year Average Annual Inflation Rate (Optional)
Combined Federal & State Marginal Tax Rate (Optional)
First Year LIFO Outsourcing Cost (Optional)
Recurring Annual LIFO Outsourcing Cost (Optional)
Calculated LIFO Tax Benefit Amounts
Description Value
Estimated Current Year LIFO Taxable Income Reduction
Estimated Current Year LIFO Tax Benefit
Estimated Current Year LIFO ROI
Forecasted 20 Year LIFO Taxable Income Reduction
Forecasted 20 Year LIFO Tax Benefit
Forecasted Average Annual LIFO Taxable Income Reduction
Forecasted Average Annual LIFO Tax Benefit
Forecasted Average Annual LIFO ROI