Commuter benefits overview
Now you can reduce your commuting expenses by taking advantage of Qualified Commuter and Parking Benefits. The IRS allows for certain transit expenses to be deducted from your paycheck on a pre-tax basis. Because you do not pay federal income or FICA taxes on these expenses, you can save hundreds on your commuting costs!
Download the 2021 Commuter Benefits Overview.
Download the 2022 Commuter Benefits Overview.*
*Effective January 1, 2022.
- Substantial Tax Savings – Reduce your taxable income by the amount of transit you purchase, subject to IRS limits.
- Multiple Uses – Use for a number of work-related transportation and parking expenses, including trains, buses, subways, ferries, and vanpools.
- Wallet Wise and Environmentally Friendly – Save money on gas while improving air quality and reducing energy consumption, automobile congestion and greenhouse gas emissions.
Eligible Transit Expenses:
- Trains & subways
- Commuter highway vehicles
- Car Service Apps — uberPOOL and Lyft Line
Eligible Parking Expenses:
- Parking at or near your place of employment
- Parking at a location from which you commute to work
Ineligible Transit and Parking Expenses:
- Bridge tolls
- Highway tolls
- Expenses for someone other than you
- Uber and Lyft services not associated with uberPOOL and Lyft Line services
Business travel and other reimbursed expenses are also excluded from this benefit.