Page 55 - Wages, Salaries and Other Earnings
P. 55

Transportation (2/5)



















                         01                    02                                         Exclusion Limits







                                                                                           The exclusion for commuter vehicle
                                                                                           transportation and transit pass
                                                                                           fringe benefits can’t be more than
                       04                    03                                            $270 a month. The exclusion for the

                                                                                           qualified parking fringe benefit can’t
                                                                                           be more than $270 a month. If the
                                                                                           benefits have a value that is more
                                                                                           than these limits, the excess must
                                                                                           be included in your income.











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