Qualified Transportation Account

Independent Health can help you save on your commuting costs. Under Section 132 of the Internal Revenue Code, QTAs help you save money by using tax-free dollars to pay for certain transportation and parking expenses. QTAs provide you with a practical way to decrease your daily transportation expenses.
 

How It Works

A QTA is like a personal bank account where you can set aside a certain amount of money to cover qualified transportation and parking expenses incurred to and from your place of work.
 

How is a QTA funded?

You contribute to a QTA through payroll deductions. Your deductions can be made on a pre-tax basis, which means before taxes, FICA and Medicare are taken out of your paycheck.
 

What expenses qualify?