E-Bike & Commuter Cyclists | 2021 Tax Break Info

Riding to work just got a little sweeter (and a little more affordable) with these e-bike and commuter cyclist tax info tips

Hipster businessman commuter setting up electric bicycle when traveling home from work in city

Potential Commuter Cyclist Tax Break in 2021

Back in 2019, the Bicycle Commuter Act was introduced to Congress which pitched commuter cyclist tax break. It’s being reintroduced this year, in 2021, and originally wanted to give commuter cyclists:

  • Up to $50 a month in tax deductions
  • The opportunity to write off memberships for bike-share programs
  • The chance to write off electric bike-share memberships

Employers were able to grant about $20 a month in tax credits to commuter cyclist employees a few years ago but the initiative was basically scrapped during a tax revamp.

Electric Bicyclists Get Additional Tax Breaks in 2021

The  Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act is also being introduced to Congress this year and aims to get e-cyclists a break on taxes.

The tax break’s goal is to incentivize carbon-neutral transportation to and from work because e-bikes are (in general) more affordable than their electric vehicle counterparts.

Looking to save even more money as a commuter or electric cyclist? Check out these helpful resources for more information.

Share on facebook
Share on twitter

We’re Ready To Help