In 2016,employees can deduct a monthly maximum of $130 for employer-subsidized transit passes.(Transportation Services)

Name: In 2016,employees can deduct a monthly maximum of $130 for employer-subsidized transit passes.(Transportation Services)
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This is true as per the Internal Revenue Service (IRS) regulations for the year 2016. The maximum monthly limit for employer-provided transit and vanpool benefits was $130. This limit was raised to $255 per month in 2017 and continues to be the same in 2021.

In 2016,employees Can Deduct a Monthly Maximum of $130 for Employer-Subsidized