The
tax break for commuters who ride public transit
If you take public transit to get to work, TransitChek
can cut your costs and save you more than $400 a year!
TransitChek
is a program employers offer to their employees. Most
companies offer TransitChek through pre-tax payroll
deduction. That means you can set aside up to $115
per month or $1380 a year to pay for your commute on
public transit—before taxes are taken out! You won't
pay federal income or FICA taxes on these dollars.
To see what you'll save with TransitChek, use the commuter
savings calculator.
One
of the main reasons companies sign up for TransitChek
is because commuters like you ask for the program. Let
your employer know about TransitChek. When
employers offer TransitChek, they get a tax break,
too.
For
more information about TransitChek, email TransitChek@dvrpc.org or
call 215.592.1800.
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