Am I able to submit claims for parking expenses?
Parking expenses can be submitted for reimbursement either online or through the BRiMobile app. If you have a receipt, you are encouraged to provide it. However, if no receipt was provided, you can self-certify that the expense was eligible. You are able to claim up to the pre-tax parking limit each month for parking expenses.
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: $280/month for 2022 $270/month for 2021 $270/month for 2020 $265/month for 2019
What parking expenses are eligible to be paid under a Commuter Benefit Plan (CBP)?
Expenses for parking are eligible to be paid under a CBP if they are provided to the employee on or near the business premises of the employer or on or near a location from which the employee commutes to work by car pool, in a commuter highway vehicle, on mass transit facilities or on transportation […]
