Can an employee use both the pre-tax transit and parking benefit?
Yes, depending on their commute. Parking at a transit location or at the worksite is eligible. The only parking not eligible is at a residence. For example, an employee drives to a train station or bus park and ride lot to use transit. He needs to pay to park his car and to use transit. This employee could use up to $230/month pre-tax salary for transit and up to $230/month for parking. The two benefits are not an either/or option.