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Chad and Jaqueline Are Married and Have AGI of $150,000

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Chad and Jaqueline are married and have AGI of $150,000. In 2018 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?


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