Tags:
Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
Must have been before your time-- there was a monster thread here about this in which someone documented his attempt to take advantage of this benefit in great detail. Too bad the search feature is kaput.
I didn't mention that benefit because I assumed a guy runing a bike shop would know about it already, and because it's really just a meaningless pittance compared to what Robert's is suggesting.
Duppie said:Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
You mean this discussion? There is a link to some other discussion that appears to have been deleted
It appears that posters could not figure out how to make this work
H3N3 said:Must have been before your time-- there was a monster thread here about this in which someone documented his attempt to take advantage of this benefit in great detail. Too bad the search feature is kaput.
I didn't mention that benefit because I assumed a guy runing a bike shop would know about it already, and because it's really just a meaningless pittance compared to what Robert's is suggesting.
Duppie said:Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
there are rebates for biking to work. there is a mileage minimum, and your commute can be combined with bus/train, but majority mileage needs to be bike.
i dont have the info readily handy, but some facetime with google im sure will return answers.
Frank,
It was a different discussion. I can't recall the guy's name who started it. I'll let you know if I unearth it.
Duppie said:You mean this discussion? There is a link to some other discussion that appears to have been deleted
It appears that posters could not figure out how to make this work
H3N3 said:Must have been before your time-- there was a monster thread here about this in which someone documented his attempt to take advantage of this benefit in great detail. Too bad the search feature is kaput.
I didn't mention that benefit because I assumed a guy runing a bike shop would know about it already, and because it's really just a meaningless pittance compared to what Robert's is suggesting.
Duppie said:Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
is that something that you can claim on filing taxes?
iggi said:there are rebates for biking to work. there is a mileage minimum, and your commute can be combined with bus/train, but majority mileage needs to be bike.
i dont have the info readily handy, but some facetime with google im sure will return answers.
No, your employer needs to participate and offer the benefit. The problem is that I don't think the IRS has setup rules on how the benefit needs to be administered so no one is offering it right now.
After some searching, I'm thinking the thread is long gone. (Why are original posters allowed to delete their entire threads?)
I searched ATA's discussions and found nothing (I'm sure they responded).
Tank-Ridin' Ryan said:Frank,
It was a different discussion. I can't recall the guy's name who started it. I'll let you know if I unearth it.
Duppie said:You mean this discussion? There is a link to some other discussion that appears to have been deleted
It appears that posters could not figure out how to make this work
H3N3 said:Must have been before your time-- there was a monster thread here about this in which someone documented his attempt to take advantage of this benefit in great detail. Too bad the search feature is kaput.
I didn't mention that benefit because I assumed a guy runing a bike shop would know about it already, and because it's really just a meaningless pittance compared to what Robert's is suggesting.
Duppie said:Since January 1, 2009 there is a tax benefit for bicyclists that commute to work. It’s $20/month tax free reimbursement provided through your employer. It cannot be combined with commuter transit benefits. The main problem with it is/was that it was unclear how to implement this.
I haven’t even asked my HR department. They give a whole new meaning to the word non-responsive
Does anyone work in the Chicago area whose employer provides this benefit?
203 members
118 members
262 members
269 members
63 members