Tax Exclusion for Adoption Benefits

Tax Exclusion for Adoption Benefits: Provisions that are contained in the Internal Revenue Code which allow adoptive parents to exclude from their adjusted gross income for federal income tax purposes, some cash or other adoption benefits that they receive from a qualifying employee benefit plan that has been provided by their employer.

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The definition of this term has been taken from the "Adoption Glossary," which contains definitions of a wide variety of words that relate to adoption and infertility. The entire Adoption Glossary is located at http://glossary.adoption.com.

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