Some commuters will pay more in the new year

Right now, a federal transit tax benefit program allows commuters to buy $230-worth of train or bus tickets each month before their salaries are taxed, but the federal dollars behind that program have run out, officials say. Now, the program is returning to 2008 levels and only $125-worth of monthly commutes will be tax-free.

Because of this, some commuters are facing a rate hike in 2012 that will cost them an average of $1,000 per year.

A parking component of the program will be affected as well. Currently, up to $230 is covered by the tax benefit program. Starting in 2012, the benefit will increase by $10.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."