Pre tax and Post tax for commuter benefits
Summary:
Show Pre-tax and Post-tax values based on a limit for commuter expenses
Content (please ensure you mask any confidential information):
We have setup the Commuter - Parking and Commuter - Transit plan. The employee can elect upto 500 usd per month, out of which 325 is Pre-taxed and anything over and above that is post-taxable. We tried the configuration using the Variable rate and it does not work. Is there a way to deduce the values using fast formulas and in the first place, is it feasible?
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