Can an employer provide the parking benefit in addition to the commuter highway vehicle benefit to employees who travel in vanpools that use commercial parking?
A4: The designated employee “prime member” (often the driver or the person assigned the parking space) who travels in a commuter highway vehicle that uses commercial parking is eligible for the parking benefit (up to $220/month in 2008*), while at the same time is entitled to the commuter highway vehicle benefit (up to $115/month in 2008*). All other employees commuting in a highway vehicle which are not the “prime member” are only eligible for the vanpool benefit, not the parking benefit. Only one person can receive the parking benefit. Return to FAQ List Q5: May an employee who receives up to up to $115/month in 2008*for using transit or a commuter highway vehicle to commute to work also receive a qualified parking benefit to subsidize the employees cost of parking in a facility at or near the place which he/she commutes to work (or at a transit parking lot that charges a fee)? A5: Yes. Under Section 132(f)(2) an employee may receive a qualified parking benefit in addition to the tra
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- Can an employer provide the parking benefit in addition to the commuter highway vehicle benefit to employees who travel in vanpools that use commercial parking?
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