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U.S. Transit Commuters Just Got an Early Gift for 2016

The new Congressional tax deal establishes benefits parity regardless of mode, but it probably won’t stop people from driving to work alone.
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Christmas came a bit early for taxpaying U.S. transit commuters.

The new tax deal reached by Congress includes a provision that creates parity between commuters who drive to work and those who take the train, subway, or bus. Under the existing rules, employees who ride public transit can get a maximum of $130 a month in IRS commuter benefits, while those who park at the office get up to $250. Beginning in 2016 the playing field levels out to $255 for both commute modes.