Employees who use transit and vanpools may pay for these transportation costs with
pre-tax dollars! Under current law, Section 132 (f) of IRS Code, employers may provide
employees with the following tax-free benefits: up to $105 a month, $1,260 a year,
for transit and vanpooling commute expenses and qualified parking costs.
Ask your employer if they offer Commuter Tax Benefits. Check with
your Human Resources Department. If they don’t offer this benefit, ask them if they
would consider it. To get help explaining Commuter Tax Benefits to your employer
call one of Commuterides’ knowledgeable
Marketing and Outreach staff and we’ll get in touch with your employer about
the program.
The information presented here does not constitute tax guidance
or a ruling by the United States Government. Taxpayers are urged to consult
with the Internal Revenue Service of the U.S. Department of the Treasury or a
tax professional for specific guidance on any matters related to Federal tax
law.