Qualified Transportation Fringe Benefit
GPTKB entity
Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Employee Benefit
|
| gptkbp:compatibleWith |
Federal Income Tax (up to limits)
Social Security and Medicare Taxes (up to limits) |
| gptkbp:dateEnacted |
1993
|
| gptkbp:definedIn |
Internal Revenue Code Section 132(f)
|
| gptkbp:excludes |
Bicycle Commuting Reimbursement (after 2017)
|
| https://www.w3.org/2000/01/rdf-schema#label |
Qualified Transportation Fringe Benefit
|
| gptkbp:includes |
Transit Passes
Commuter Highway Vehicle Qualified Parking |
| gptkbp:IRSPublication |
IRS Publication 15-B
|
| gptkbp:provides |
Employer
|
| gptkbp:purpose |
Encourage use of public transportation and carpooling
|
| gptkbp:recipient |
Employee
|
| gptkbp:regulates |
gptkb:IRS
|
| gptkbp:relatedTo |
Pre-tax Commuter Benefits
|
| gptkbp:subject |
Monthly Dollar Limits (set by IRS)
|
| gptkbp:taxStatus |
Excludable from Employee's Gross Income (up to IRS limits)
|
| gptkbp:bfsParent |
gptkb:Commuter_Benefits
|
| gptkbp:bfsLayer |
8
|