Commuter Tax Benefits, Incentives & Grant Assistance

Commuter Tax Benefits

vRide is a leading partner with public agencies around the country to provide the safest and most-efficient form of public transportation -- Vanpooling. Commuter tax benefits are available for employees who vanpool. Under Section 132(F) of federal tax code, an employer can offer its commuting employees up to $125 per month for “qualified transit” costs. Commuter vanpooling is recognized by the IRS as a form of “qualified transit” along with bus, rail and ferry services. Employers can offer their employees the option of paying up to $125 of their “qualified transit” expense 1) as a pre-tax deduction or 2) as a tax-free benefit designed to encourage their employees to commute via transit or vRide vanpools. Most employees of the federal government are eligible for an employer-provided, commute-to-work benefit when they vanpool. Check with your HR representative, or give us a call to learn more about commuter benefits.

In addition, federal transit assistance grants help states and local governments and transit agencies cover their most of their capital expenses and some of their operating costs. In many areas of the country, vRide partners with these public agencies to contractually provide the safest and most-efficient form of public transportation… vRide vanpools! If you’d like to learn more about vRide and these grant programs, give us a call.

Five years ago, we asked VPSI to step outside the box and entertain the idea of a commuter van that would accommodate a group of nurses who work twelve hour shifts instead of the usual eight hours shifts. In addition, this group of nurses works only three days a week, 72 hours. And, as nurses don’t really have desk jobs, this van goes seven days a week, holidays and weekends included. Our normal ridership is about five people per day. I have been vanpooling for about 16 years and outside of the last five years, I rode a conventional Monday thru Friday van. I thought, why not try to get a 12 hour van approved, there are plenty of 8 hour vans in the Texas Medical Center and at Texas Children’s Hospital too! VPSI accommodated our request (kudos to the Houston office) and we now ride safely and conveniently to work. There are now both day and night vans for nurses from our hospital. Another aspect that we love is the fact that we can decompress with each other after a stressful day. We laugh, we weep for those who we lost and we share stories about our kids and spouses. This is a really good thing for all of our families and for us too!
Clara Martin