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Author Question: Chad and Jaqueline are married and have AGI of $150,000. In 2016 they adopted a child, while taking ... (Read 97 times)

ghost!

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Chad and Jaqueline are married and have AGI of $150,000. In 2016 they adopted a child, while taking advantage of their employer's written adoption assistance program. The adoption cost $9,500, all of which was paid by the employer in accordance with the adoption plan. How much of the employer paid adoption costs may be excluded from their income?
◦ $0
◦ $5,000
◦ $5,250
◦ $9,500


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Marked as best answer by ghost! on Sep 13, 2020

fdliggud

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ghost!

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Reply 2 on: Sep 13, 2020
Excellent


mcarey591

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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