What is the Maryland Commuter Tax Credit?
Maryland offers an income tax credit program for employers who provide commuting benefits to their employees. These benefits might include transit passes, vanpools, Guaranteed Ride Home and “Cash Out” parking reimbursement.
An employer may claim a tax credit for 50% of their costs for providing qualified commuter benefits, up to a maximum of $30 per participating employee per month (based on a $60 monthly expense).
To find out more about the program, call Rideshare at 410-732-6000, or visit:
If you’d like to provide a transit benefit, but cannot contribute toward the cost of your employees’ commute, Commuter Choice offers an easy to administer voucher program. Click here for details.