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Level 1
June 4, 2019
Question

Public transit deduction from paycheck

  • June 4, 2019
  • 1 reply
  • 8 views
Each month I have 17.39 taken from my paycheck for the public transportation in my area. Is this a tax deductible item? If so where do I deduct such an expense.

1 reply

June 4, 2019

No. The deductions are made throughout the year on a pre-tax basis. It lowers taxable wages. The savings are derived from not paying income tax on that salary.