Get the free Employee Pre-Tax Transportation Benefit Enrollment Form - hawaii

This document serves as an enrollment form for employees to authorize a one-time pre-tax payroll deduction for a disability bus pass under the Pre-Tax Transportation Benefit Pilot Program at the University

How to fill out employee pre-tax transportation benefit

How to fill out Employee Pre-Tax Transportation Benefit Enrollment Form

1. Obtain the Employee Pre-Tax Transportation Benefit Enrollment Form from your HR department or company website.
2. Fill in your personal information such as name, employee ID, and department.
3. Select the type of transportation benefit you wish to enroll in, either public transit or parking.
4. Indicate the amount you wish to allocate for your transportation expenses per pay period.
5. Review your selections to ensure accuracy.
6. Sign and date the form to certify that the information provided is correct.
7. Submit the completed form to your HR department by the specified deadline.

Who needs Employee Pre-Tax Transportation Benefit Enrollment Form?

1. Employees who use public transportation or parking as part of their commute to work.
2. Employees looking to take advantage of pre-tax benefits for transportation expenses.

People Also Ask about

Can pre-tax commuter benefits be used for Uber?

Use your Commuter Transit Card to purchase transit fare and passes at any qualified transit terminal that accepts Visa. Please note, your Commuter Transit Card cannot be used for Lyft, Uber, or other rideshare services.

Are pre-tax benefits worth it?

Pre-Tax is always going to be the best option unless your employer coverage doesn't meet minimum essential coverage or pass affordability guidelines. Then it depends on your income level and if you qualify for a subsidy. For the majority of people, pre-tax wins without question.

What is the IRS limit for pre-tax commuter benefits?

Qualified transportation benefit programs allow employers to offer their employees the ability to set aside pre-tax contributions to pay for qualified parking, public transit, and some commuter highway vehicles. The new 2025 limit is $325, up from 2024's $315.

Are pre-tax commuter benefits worth it in NYC?

Commuter benefits can add up to some serious tax savings. As an employee, you can save over $800 a year when you set aside $325 a month to pay for your transit commuting expenses. Commuter benefits apply to public transportation and qualified parking. Check out our calculator to see how much you could save.

What are the pre-tax commuter benefits for 2025?

Qualified parking exclusion and commuter transportation benefit. For 2025, the monthly exclusion for qualified parking is $325 and the monthly exclusion for commuter highway vehicle transportation and transit passes is $325.

What is the pre-tax transit benefit?

The pre-tax transit and vanpool benefit is using the employee's own salary before taxes to pay towards their transit or vanpool commute. A transit or vanpool subsidy is when the employer provides employees with a transit or vanpool benefit above and beyond the employee's salary. A subsidy is employer-paid.

What does pre-tax benefits mean?

Pre-tax deductions are beneficial to most employees and employers. Using a pre-tax deduction plan allows employees to get coverage and perks like medical care and life insurance before their gross income is taxed. This reduces the employee's tax burden and usually saves them money over time.

Can pre-tax commuter benefits be used for Uber?

Use your Commuter Transit Card to purchase transit fare and passes at any qualified transit terminal that accepts Visa. Please note, your Commuter Transit Card cannot be used for Lyft, Uber, or other rideshare services.

For pdfFiller’s FAQs

What is Employee Pre-Tax Transportation Benefit Enrollment Form?

The Employee Pre-Tax Transportation Benefit Enrollment Form is a document that allows employees to enroll in a program that enables them to use pre-tax funds to pay for transportation expenses related to commuting to work.

Who is required to file Employee Pre-Tax Transportation Benefit Enrollment Form?

Employees who wish to use pre-tax funds for commuting expenses are required to file the Employee Pre-Tax Transportation Benefit Enrollment Form.

How to fill out Employee Pre-Tax Transportation Benefit Enrollment Form?

To fill out the form, employees need to provide personal information, select the type of transportation benefit they wish to enroll in, and indicate the amount they wish to contribute pre-tax for their transportation expenses.

What is the purpose of Employee Pre-Tax Transportation Benefit Enrollment Form?

The purpose of the form is to facilitate the enrollment of employees in a transportation benefit program that helps reduce their taxable income by allowing them to use pre-tax dollars for commuting costs.

What information must be reported on Employee Pre-Tax Transportation Benefit Enrollment Form?

The information that must be reported includes the employee's name, address, employee ID, the type of transportation benefit selected (such as transit pass or parking), and the desired contribution amount.