Get pretax parking and transportation deductions by paying for these expenses through payroll deduction.
To pay for parking and transportation through payroll deduction, visit one of the following locations:
|Campus parking office||Medical Center parking office|
|7 a.m. – 5 p.m. weekdays||6:30 a.m. – 4:00 p.m. weekdays|
|Gilman parking structure, 2nd floor (map)||Bachman parking structure, 2nd floor (map)|
|(858) 534-4223||(619) 543-6524|
Details on pretax parking deductions
- IRS limits the amount of qualified parking that may be excluded from your taxable income to $255 per month for pre-tax parking deduction.
Details on pretax transportation deductions
- Per the IRS, for 2012, individuals can have taxable income for federal and state reduced by up to $125 a month for combined value of transit passes and vanpooling expenses. The limit of $125 has decreased by $105 from 2011.