Pretax Deductions for Parking and Transportation

Find out about the limit on federal and state pretax parking and transportation deductions..

Details on pretax transportation deductions

• Per the IRS, for 2020, individuals can have taxable income for federal and state reduced by up to $270 per month for combined value of transit passes and pretax parking. The limit is unchanged for 2021.

• For more information on parking permits or transit programs visit https://transportation.ucsd.edu