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Transit Benefit Limit Increased Retroactively


January 2013

The American Taxpayer Relief Act also increased the limit on the amount of pre-tax transit benefits that can be provided under an employer’s transit benefit arrangement. The limit was increased to $240 per month (from $125), retroactive to January 1, 2012. To ease the administrative headache of making the increase retroactive, the IRS issued Notice 2013-8, which provides employers with a few different alternatives for making the benefit retroactive. 

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