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IRS Section 132(f)


Guest Jason.Kosek

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Guest Jason.Kosek
Posted

I was wondering if anyone was

familiar with Qualified Transportation

Benefit Plans? Have their maximum

limits changes from $65 for vanpooling and

transit and $175 for parking?

Thanks.

------------------

Jason Kosek

Benefits 2000 Inc

Posted

There are no changes in the limits.

The monthly maximum benefit limits for qualified transportation fringe benefits are:

$65 for transit (including vanpools) pursuant to Code section 132(f)(2)(A); and

$175 for parking under Code section 132(f)(2)(B).

These are the same monthly benefit limits in effect for calendar years 1998 and 1999.

[This message has been edited by ronc (edited 12-27-1999).]

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