How much can I set aside in a Mass Transit Account on a tax-free basis each month?
Your maximum tax-free election for qualified mass transit expenses, as set by the IRS, is: $325/month for 2025 $315/month for 2024 $300/month for 2023 $280/month for 2022
How much can I set aside in a Parking Account on a tax-free basis each month?
Your maximum tax-free election for qualified parking expenses, as set by the IRS, is: $325/month for 2025 $315/month for 2024 $300/month for 2023 $280/month for 2022