Thread: Tax benefits
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Old 08-04-12 | 03:53 PM
  #19  
mtb123
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Originally Posted by megalowmatt
The way I interpret this bill, you should be able to claim any reasonable bike commuting expenses when you file taxes, similar to medical expenses, so you don't have to go through your employer for this.

But them again maybe I'm completely wrong.
I am not sure if this is correct. The OP's original link refers to "Qualified transportation fringe benefits." Fringe benefits are benefits you receive from your employer. The rules listed relate to the tax treatment of reimbursement payments that you receive from your employer. I don't think that is the same as claiming expenses as a deduction when you file your taxes.
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