Transit Benefits Remain $255/mo for 2017

December 28, 2016

The tax-free limits for transportation benefits for the calendar year beginning January 1, 2017 remain unchanged, with $255.00 per month for transit, $255.00 per month for parking, and $20.00 per month for bicycle commuting, per IRS Employer’s Tax Guide to Fringe Benefits 2017 (IRS Employers Tax Guide to Fringe Benefits 2017).

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