Employers Transit Pass Credit

• The transit passes are either passes, tokens, fare cards, vouchers, or similar items entitling a person to transportation at regular or reduced prices.
• Your employees use the passes in Minnesota.
• The transportation is provided by either of the following:
  • A public or privately-owned mass transit facility
  • A person in the business of transporting people for compensation or hire. The vehicle must have seating capacity for at least six adults not including the driver.

1. Complete Schedule ETP, Employer Transit Pass Credit.
2. Enter the credit amount from Schedule ETP on Schedule M1C, Other Nonrefundable Credits.
3. Include Schedule ETP and Schedule M1C when you file Form M1, Individual Income Tax.

The credit is 30 percent of the difference between what you paid and what you charged employees for the transit passes.