Employer in accordance with the adoption plan

Reference no: EM13142134

Benjamin and Jennifer are married and this year have AGI of $85,000. This year they adopted a child who does not have special needs while taking advantage of their employers written adoption assistance program. They spent $15,000 in connection with the adoption, all of which was paid by the employer in accordance with the adoption plan. How much of the employer paid adoption costs must be included in their income?

a. $0

b. $4,040

c. $10,960

d. $15,000

Reference no: EM13142134

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