Transit

Employers can give their employees up to $125/month to commute via transit.  The employer gets a tax deduction and saves over providing same value in gross income.  Alternatively, Employers allow employees to use pre-tax income to pay for transit and employers save on payroll tax (at least 7.65% savings) or a combination of both up to statutory limits of $125/month.

Vanpool

Employers give their employees up to $125/month to commute in a vanpool.  The employer gets a tax deduction and saves over providing same amount in gross income.  Alternatively, Employers can allow employees to use pre-tax income to pay for vanpooling and employers save on payroll tax (at least 7.65% savings) or a combination of both up to statutory limits of $125 per month.

Parking

Employers give their employees up to $240/month for qualified parking.  The employer gets a tax deduction and saves over providing same value in gross income.  The parking must be at or near the employer’s worksite, or at a facility from which the employee commutes by transit, vanpool or carpool.  Alternatively, employers allow employees to use pre-tax income to pay for qualified parking and employers save on payroll tax (at least 7.65% savings) or a combination of both up to statutory limits $240/month.  Remember that these benefits can be used together for a total savings of $365/month.

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SunRail Employer Brochure