Massachusetts issues transit benefits exclusion amounts
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Thursday, December 13, 2018

Massachusetts issues transit benefits exclusion amounts

By Payroll and Entitlements Editorial Staff

A recently-issued Massachusetts Technical Information Release (TIR) explains the Massachusetts personal income tax tie-in to the federal personal income tax exclusion for employer-provided parking, transit pass and commuter highway vehicle benefits allowed to employees. The TIR describes the impact for 2019 of the Massachusetts adoption of this federal exclusion based on the January 1, 2005 Code provisions that provide the annual exclusion benefit. For tax year 2019 the Massachusetts monthly exclusion amounts are $265 for employer-provided parking and $140 for combined transit pass and commuter highway vehicle transportation benefits. (Massachusetts Technical Information Release 18-12, November 30, 2018.)

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