Qualified Transportation Fringe, Transportation and Commuting Expenses Under Section 274; Correction
other · IRS · Rule · Published 2021-04-28 · Effective 2021-04-28 · 86 FR 22345
Document
Document number
2021-08391
Federal Register citation
86 FR 22345
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendments.
Category
other
Sub-agency
IRS
Publication date
2021-04-28
Effective date
2021-04-28
Treasury docket
TD 9939
Abstract
This document contains corrections to the final regulations (Treasury Decision 9939), that were published in the Federal Register on Wednesday, December 16, 2020. The final regulations provide guidance regarding the elimination of the deduction for expenses related to certain transportation and commuting benefits provided by employers to their employees. The final regulations affect taxpayers who pay or incur such expenses.