Once you have contributed money into your Parking and/or Transit Account, you can use it to pay for
parking and mass transit eligible expenses related to commuting to work tax free.
Below is a partial list of eligible expenses that are reimbursable through a Parking and/or Transit
Account. For more information, see your Employee Reimbursement Accounts (ERA) Participant Guide.
For the complete list of eligible and ineligible expenses, visit www.IRS.gov and see IRS Publications 5137.
ξ Bus passes
ξ Subway vouchers, passes or tokens
ξ Train vouchers, passes or tokens
ξ Vanpooling fees
Note: Eligible transit expenses must be work related.
ξ Metered parking
ξ Monthly and/or daily parking fees for parking lots
ξ Park n’ ride lots
ξ Parking at mass transit facility
Note: Eligible parking expenses must take place at
or near your place of employment, or at a location
from where you commute to work.
Parking and Transit Accounts are separate benefits.
Please choose the commuter benefit(s) that best meets your needs.
Ineligible Parking & Transit Expenses
Note: If you pay for anything other than eligible expenses with your parking and/or transit account(s), the
amount will be taxable, and you will be required to repay the amount or pay an additional 20 percent tax
penalty. Below is a partial list of ineligible expenses. For more information, see your ERA Participant Guide. For
the complete list of eligible and ineligible expenses, visit www.IRS.gov and see IRS Publications 5137.
Note: If you park at your place of employment, your deductions may already be taken pre-tax. These deductions
are not eligible.
ξ Airline flights
ξ Bicycle-related expenses
ξ Expenses incurred in traveling from an office to business or client meetings
ξ Non-work related transportation or parking expenses
ξ Parking for business meetings
ξ Residential parking fees
ξ Tolls, gas, or other driving-related costs
ξ Transit costs reimbursed your employer
ξ Transit or parking expenses for spouses and dependents
ξ Tunnel, bridge, or highway polls (EZ Pass, etc.)
TASC Customer Care | Phone 844-786-3947 or 608-316-2408 | Email firstname.lastname@example.org
PARKING & TRANSIT ACCOUNT
What is an eligible expense?
An eligible expense is a work-
related transportation fee for
parking or mass transit the IRS
states can be paid for without
How should I keep track of my
You should keep all of your
receipts and pertinent
documentation in order
to prove your Parking and/or
Transit Account was used for
eligible parking and/or mass