You have to spend money to make money, the saying goes. But under the 2012 tax code, it’ll be more expensive for LIRR commuters just to get to their work place.
The deduction for transit riders and drivers who park had been the same $230 per month in years past.
But now, those transit rider benefits have expired, rolling back to $125, according to the .
The deduction for parking will actually go up a bit, to $240 per month, because of a rise in the cost index.
“Obviously, we’re strongly in favor of restoring parity between transit and parking benefit levels as soon as possible,” a spokesman for the LIRRCC said.
A regular monthly LIRR ticket from Bayside to Penn Station, is $193 before for bus and subway fare.
A bill co-sponsored by Rep. , D-Bayside, the Commuter Benefits Equity Act of 2011, was introduced in both houses, but was referred to the Ways and Means Committee, and not passed in time for the New Year.
