Tax Day! How Metrolink Can Help Save You Money
Today is most American’s least favorite holiday: Tax Day!
It doesn’t have to be as dreadful as it seems, especially when you use Metrolink instead of driving for your commute to and from work.
Did you know that Metrolink can help workers avoid paying taxes on their transit passes up to $260 a month? That’s right! And it applies to both state and federal taxes. This pre-tax benefit can be used if either the employee buys a transit pass or the employer covers the expense. The subsidy won’t appear on the employee’s W-2 form as income. Our Corporate Partner Program (CPP) helps many of the 177 participating companies offer pre-tax transit benefits to their employees.
In addition to tax-saving benefits, taking public transit to work also is much cheaper than driving. The American Public Transportation Association (APTA) estimates the average commuter in the Los Angeles region could save $11,250 annually using public transit compared to the cost of owning and driving a vehicle.
On top of that, public transit helps you avoid the stress of driving in traffic, especially in the gridlock that defines Southern California. Plus, it can help you catch a few extra winks while we do the driving for you, which could improve your health and help you avoid drowsy driving.
So now you know how it’s cheaper and safer to commute by train, especially if you go long distances.
So what are you waiting for now that you know how Metrolink can help you save money and live a happier life!