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2023 IRS Tax Guidance for Qualified Transportation Fringe Benefit for Parking

October 19, 2022 2:52 PM | Anonymous member (Administrator)

On October 18, 2022, the IRS reported “For tax year 2023, the monthly limitation for the qualified transportation fringe benefit and the monthly limitation for qualified parking increases to $300, up $20 from the limit for 2022.”

https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2023

See more information and the 2013 summary table on the BWC website.


University of South Florida
Center for Urban Transportation Research
4202 E. Fowler Avenue
Tampa, Florida 33620

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