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Massachusetts Employment Law Update: 2017 Transit Benefits Exclusion Amounts

For 2017, Massachusetts has issued a Technical Information Release regarding the personal income tax exclusion amounts for employer-provided parking, transit pass, and commuter highway vehicle benefits allowed to employees.

The Massachusetts monthly exclusion amounts for taxable years beginning in 2017 are:

  • $255 for employer-provided parking
  • $135 for combined transit pass and commuter highway vehicle transportation benefits

For taxable years beginning in 2017, the federal monthly exclusion amounts are $255 for employer-provided parking and $255 for transit pass and commuter highway vehicle benefits combined. Thus, while the Massachusetts exclusion amounts reflect an annual inflation adjustment they do not include the increase in the federal monthly exclusion amount that was signed into law on December 18, 2015.

Click here to read the full Technical Information Release >>

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Posted in: Benefits and Insurance, Human Resources, Legislation

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