Transportation Fringe Benefits

The value of certain transportation benefits provided by an employer to an employee may be excluded from employee wages.

2013
For federal purposes, the amount that may be excluded from employee wages for 2013 is limited as follows:

  • $245 per month for qualified parking
  • $245 per month for commuter highway vehicle transportation and transit passes
  • $20 per qualified bicycle commuting month

For Wisconsin purposes, the amount that may be excluded from employee wages for 2013 is limited as follows:

  • $245 per month for qualified parking
  • $130 per month for commuter highway vehicle transportation and transit passes
  • $20 per qualified bicycle commuting month

To report the difference between the federal and Wisconsin treatment of commuter highway vehicle transportation and transit passes on the 2013 Form W-2, employers must either:

  • Include the amount that is taxable for Wisconsin purposes, but not taxable for federal purposes, in Box 16 of the Form W-2, or
  • Provide the employee with a supplemental "Wisconsin Only" Form W-2 with the taxable benefits in Box 16

2014
As of December 4, 2013, Wisconsin will follow the 2014 federal amounts of $250 per month for qualified parking, $130 per month for commuter highway vehicle transportation and transit passes, and $20 per qualified bicycle commuting month.

December 6, 2013