Pre-tax Commuter Transit and Parking benefits can be used for specific work-related transportation expenses, as defined by the IRS.
Eligible Transit expenses include:
- Bus, train, or subway tickets and passes
- Ferry tickets or passes
Eligible Parking expenses include:
- Parking lots and garages at or near your place or work
- Parking lots and garages at or near a transit station for your daily commute
Parking and transportation costs unrelated to work are not eligible for reimbursement. The following are also not eligible:
- Tolls
- Gasoline or fuel
- Bike-related expenses, including bike shares
- Car maintenance
- Flights
- Travel to/from business meetings
- Transportation for spouses/dependents
- Ride share services