Mass Transit Tax Savings for Part-Time Employees
A federal program allows employees who pay for mass transit expenses associated with their commute to work to receive a tax savings. The Mass Transit Commutation Reimbursement Program for Part-time Employees covers mass transit expenses, excluding commuter parking expenses.
How it works:
- Set aside before-tax dollars to pay for commuting expenses. Expenses must be incurred for traveling to and from work via mass transit.
- Submit claims for reimbursement using pretax money from your account
- 2018 reimbursement rate = up to $255 per month for Mass Transit Expenses
- Election enrollments and changes are allowed on a monthly basis
Eligibility and Enrollment: