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Applicable annual limitation is a measure adopted by employers for calculating the reimbursement due to employees for reasonable expenses related to their bike commute, including equipment purchases, bike purchases, repairs, and storage if the bicycle is used as a substantial part of the commuter's trip to work for a month. For a calendar year, the applicable annual limitation in case of any qualified bicycle commuting reimbursement is $20 for every qualified bicycle commuting month for any calendar year. This annual limitation is not subject to inflation adjustment. Here a qualified bicycle commuting month means any month during which such employee regularly uses a bicycle for a substantial portion of travel between the employee’s residence and place of employment, and does not receive any other qualified transportation benefit such as transit pass, commuter highway vehicle, and qualified parking.