The Commuter Tax Benefit is New Mexico’s program to promote the Federal tax law that allows employees to set aside pre-tax income to pay for commuting costs.
Whether you’re an employer attempting to enhance the company's environmental strategies or a commuter trying to find ways to save money, there are many benefits associated with participating in the Commuter Tax Benefit Program.
For more information about the Commuter Tax Benefit, please contact Allyne Clarke at This email address is being protected from spambots. You need JavaScript enabled to view it. or 505-724-3650.
Included in new legislation passed by Congress in the first week of this year, is an increase to the public transit commuter benefit making it equal to the parking benefit. Now both provide for up to $240 pre-tax dollars to be deducted from paychecks through employer commuter benefit tax programs. The benefit is retroactive from January 1, 2012. Participants should speak with their employer’s transit coordinator about the program.
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