Statements (30)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Employee Benefit
|
| gptkbp:advantage |
Pre-tax deduction
|
| gptkbp:benefit |
gptkb:Qualified_Transportation_Fringe_Benefit
|
| gptkbp:canBe |
Bus fares
Parking near work Subway fares Train fares Vanpool expenses |
| gptkbp:country |
gptkb:United_States
|
| gptkbp:eligibility |
Employees
|
| gptkbp:exceedingLimitTaxable |
Yes
|
| gptkbp:excludes |
Bicycling (as of 2024, unless reinstated)
|
| https://www.w3.org/2000/01/rdf-schema#label |
Commuter Benefits
|
| gptkbp:includes |
Parking Benefits
Transit Passes Vanpooling |
| gptkbp:IRSCodeSection |
gptkb:Section_132(f)
|
| gptkbp:maximumMonthlyLimit |
$300 (2024, parking)
$300 (2024, transit) |
| gptkbp:notTaxable |
Up to IRS limit
|
| gptkbp:offeredBy |
Employers
|
| gptkbp:purpose |
Reduce commuting costs
|
| gptkbp:regulates |
gptkb:Internal_Revenue_Service
|
| gptkbp:relatedTo |
gptkb:Employee_Benefits_Program
gptkb:Health_Savings_Account Flexible Spending Account |
| gptkbp:stateTaxTreatment |
Varies by state
|
| gptkbp:bfsParent |
gptkb:Employer_Shuttle_Program
gptkb:HSA_Bank |
| gptkbp:bfsLayer |
7
|