Tax law changes for parking fees
On Dec. 20, 2019, H.R. 1865 (“The Further Consolidated Appropriations Act 2020”) was signed into law by the Federal Government. As a result, parking, vanpool, and bus passes for all UW System employees will change from a post-tax to a pre-tax deduction.
- If you are paid monthly, you will see the pre-tax deduction on your Jan. 31 paycheck (for the pay period of Jan. 1 – Jan. 31).
- If you are paid biweekly, you will see the pre-tax deduction on your Jan. 30 paycheck (for the pay period of Jan. 5 – Jan. 18).