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Qualified Transportation Fringe Calculator (2026)Transit and Parking Limits

What do these figures come to once the work is shown?

Excludable and taxable employer-provided transit and parking against the $340 monthly limits for 2026.

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Your figures
Example figuresIllustrative only. Type over them with your own.
Taxable excess for the year
$1,200
Employer-provided amount above the monthly limits
Excludable transit for the year
$4,080
Excludable parking for the year
$4,080
Drawn to one scale
Taxable excess for the year$1,200
Excludable transit for the year$4,080
Excludable parking for the year$4,080
Taxable transit excess per month$60
Taxable parking excess per month$40
Monthly limit for each benefit$340
All results
MeasureResult
Taxable excess for the year$1,200
Excludable transit for the year$4,080
Excludable parking for the year$4,080
Taxable transit excess per month$60
Taxable parking excess per month$40
Monthly limit for each benefit$340
How this was worked out
Work shownrecomputed as you type
Excludable per month = lesser of the benefit and $340, for transit and for parking separately
Taxable excess = (benefit - $340, not below zero) x months

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Excludable per month = lesser of the benefit and $340, for transit and for parking separately
  • Taxable excess = (benefit - $340, not below zero) x months

How it works

Section 132(f) excludes employer-provided commuter benefits up to a monthly limit. Rev. Proc. 2025-32 sets 2026 at $340 for transit passes and commuter highway vehicle transportation combined, and $340 for qualified parking. The two limits are separate, so an employee can receive $340 of each tax-free.

Section 132(f)(2) caps the amount that can be excluded, so the part above the limit does not qualify for the exclusion. Cash reimbursement is a qualified transportation fringe under section 132(f)(3) for parking, and for transit passes only when a voucher is not readily available. An employee who can choose between the benefit and taxable pay is not taxed only because of that choice (section 132(f)(4)). Bicycle commuting is not covered here.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Are transit and parking limits shared?

No. Each has its own $340 monthly limit.

Is the tool for employer deductions?

No. It covers the employee exclusion only.

What counts as transit?

Transportation in a commuter highway vehicle between home and work, or a transit pass: a pass, token, farecard, voucher or similar item entitling a person to transportation.

Sources

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

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