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Employee Engagement from Reward Gateway
Explore top-tier engagement tools from Reward Gateway to attract and retain talent.
Employee Engagement from Reward Gateway
Explore top-tier engagement tools from Reward Gateway to attract and retain talent.
Under normal circumstances, commuter benefits are not reported on your W-2. If you opt-in for commuter benefits, the money is deducted from your paycheck and placed in whatever transportation accounts you use (parking, mass transit, rideshare, etc.). The money is deducted on a pre-tax basis. There’s no W-2 or tax return reporting if your payroll […]
Under normal circumstances, commuter benefits are not reported on your W-2. If you opt-in for commuter benefits, the money is deducted from your paycheck and placed in whatever transportation accounts you use (parking, mass transit, rideshare, etc.). The money is deducted on a pre-tax basis. There’s no W-2 or tax return reporting if your payroll deduction does not exceed the monthly maximum mandated by the IRS.
However, if your deduction does exceed the monthly maximum, you will see the amount that’s above the maximum reported on your W-2 as income.
Join our community of thousands of HR and employee engagement professionals who receive our monthly blog update, and have practical advice, current resources and inspirational stories sent right to your inbox.