JIMMYP Posted March 7, 2013 Report Share Posted March 7, 2013 Trying to find out how to handle "Transit Check" in box 14 of a client's W-2. It was on a W-2 from Long Island, NY. Quote Link to comment Share on other sites More sharing options...
Lynn EA USTCP in Louisiana Posted March 7, 2013 Report Share Posted March 7, 2013 nontaxable transit pay - nontaxable fringe benefit ??? is my guess Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted March 8, 2013 Report Share Posted March 8, 2013 If a company provides employees with funds for public transit, that is a non-taxable fringe. http://www.irs.gov/publications/p15b/ar02.html#en_US_2013_publink1000193740 Quote Link to comment Share on other sites More sharing options...
JIMMYP Posted March 10, 2013 Author Report Share Posted March 10, 2013 So the Transit check entry in box 14 is only informational? Not deductible? Quote Link to comment Share on other sites More sharing options...
MsTabbyKats Posted March 10, 2013 Report Share Posted March 10, 2013 That's right.....company gives transit benefits "tax free" Quote Link to comment Share on other sites More sharing options...
JIMMYP Posted March 11, 2013 Author Report Share Posted March 11, 2013 Thanks, Ms Tabby Quote Link to comment Share on other sites More sharing options...
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