Selling Leave Days Calculator

Calculate the value of selling back unused vacation and leave days. Optimize your payout timing and understand tax implications!

📅 Leave Balance • 💰 Payout Value • 📊 Tax Impact • ⏰ Optimal Timing

Leave Sellback Parameters

Gross annual salary

Typically 260 days

Current Leave Balances

Sellback Configuration

Tax Information

Leave Balance Overview

31
Total Days
Used
Selling
Remaining
Available

Payout Breakdown

Leave Utilization

0% 25% 50% 75% 100%
Optimal Usage

Payout Formula:

Policy Details:

Type: Full-Time • Policy: Standard • Timing: Year-End • Rate: 100%

Leave Categories

Vacation
Sick
Personal
Comp

Annual Leave Timeline

Accrued
Used
Selling
Carryover

Leave Sellback Guide

What is Leave Sellback?

Leave sellback allows employees to convert unused vacation, sick, or personal days into cash payments. This benefit helps employees monetize accrued time off while providing workforce flexibility for employers.

Payout = (Daily\ Salary \times Days\ Sold \times Buyback\ Rate) - Taxes

Types of Leave Sellback

  • Vacation Sellback: Most common, typically 100% of daily rate
  • Sick Leave Sellback: Often restricted or at reduced rates
  • Personal Day Sellback: Usually included with vacation policies
  • Comp Time Sellback: Overtime compensation conversion

Tax Considerations

  • Ordinary Income: Sellback payments are taxed as regular wages
  • Withholding: Subject to federal, state, and FICA taxes
  • Timing: Tax year of payment determines tax liability
  • Supplemental Rate: May be subject to higher withholding rates

Optimization Strategies

  • Time sellbacks to minimize tax impact
  • Consider year-end vs. mid-year timing
  • Balance cash needs with time off benefits
  • Review company policy limits and restrictions
  • Plan around blackout periods and busy seasons