Can I Deduct Parking Fees for Work?

Paying to park while conducting business is a legitimate work cost, and it may be deductible depending on your situation. Self-employed workers can deduct parking fees paid while conducting business activities, such as parking at a client site or during a business meeting. The cost of parking at your regular place of work, however, is generally considered a commuting expense and is not deductible. Employees who are not reimbursed for parking costs related to business travel cannot currently deduct those expenses on a federal return. If your employer offers a qualified transportation benefit for workplace parking, that benefit can be excluded from your taxable income up to a monthly limit.