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Keyword: payyourowntaxes

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  • A proposed federal income tax deduction for tolls would benefit daily commuters. Here’s how it would work.

    09/24/2026 10:36:38 AM PDT · by SeekAndFind · 24 replies
    NJ.COM ^ | 09/23/2026 | Larry Higgs
    Death, taxes and tolls may be inevitable in life, but a bill proposed by two members of Congress from New Jersey and one from New York would allow commuters to deduct tolls from their federal income tax. Yes, New York City’s controversial congestion pricing tolls would be included, in addition to transit fares.The Lowering Commuting Costs Act would create a federal income tax deduction totaling more than $4,080 a year or $340 a month, for personal commuting expenses, including the cost of gas, public transit and tolls.It was introduced Tuesday by U.S. Reps Jeff Van Drew, R-2nd Dist., Tom Kean...