Qualified Transportation Changes For Debit Cards Delayed Again


Notice 2009-95 delays the effective date for compliance with Revenue Ruling 2006-57, 2006-2 C.B. 911, which provides guidance on the use of smartcards, debit or credit cards, or other electronic media to provide qualified transportation fringes under Internal Revenue Code Section 132(f), until January 1, 2011. 

Notice 2009-95 will be in IRB 2009-52, dated December 28, 2009.