Final answer:
The correct option is D. The maximum exclusion for employer-provided parking in 2018 was $260.00, which reduces taxable income for employees receiving this benefit.
Step-by-step explanation:
The maximum amount excluded from income by law in 2018 for employer-provided parking is D. $260.00. This exclusion is part of the benefits that employers can provide to their employees on a tax-free basis, up to a certain limit. This benefit helps to reduce the taxable income of employees who receive free or subsidized parking as part of their compensation package.
The maximum exclusion for employer-provided parking in 2018 was $260.00, which reduces taxable income for employees receiving this benefit.