Qualified Parking
Non-Cash Parking Benefit
Employers who provide employees with free parking valued in excess of the federal and state exclusion amounts are required to add any excess value as part of the employees' gross income for tax reporting and withholding purposes.
- FY2013-17: Tax and Payroll Updates for 2013 (issued 1/24/2013) ·
- Process Non-Cash Parking Benefits Job Aid
Parking Benefit
Employees who have enrolled in the Commonwealth's Qualified Transportation Benefit Program (QTBP) may receive Parking Benefits via pretax payroll deductions up to any applicable federal and state exclusion amounts.
- CTR Memo FY2010-21: Qualified Transportation Benefits Program (QTBP)
- Qualified Transportation Parking Benefit s Job Aid
Qualified Transit
Transit Benefit
Employees who have enrolled in the Commonwealth's Qualified Transportation Benefit Program (QTBP) may receive Transit Benefits via pretax payroll deductions up to any applicable federal and state exclusion amounts.
- CTR Memo FY2010-21: Qualified Transportation Benefits Program (QTBP)
- Qualified Transportation Transit Benefits Resource Document
Car Benefit
Non-Cash Car Benefit
Employees who receive non-cash car benefits or commute in Commonwealth provided vehicles may be required to add that that value in their reportable wages.