| Item | Description | FY2010 | FY2011 | FY2012 |
|---|---|---|---|---|
| 1.032 | Employer-Provided Adoption Assistance
Massachusetts adopts the federal exclusion for employer-provided adoption expenses paid (or treated as paid under IRC sec. 137) on or after January 1, 2005. In the case of an adoption of a child with special needs the exclusion applies regardless of whether the employee has qualified adoption expenses. For tax year 2009, the exclusion is limited to $11,390 per child and begins to be phased out for taxpayers with federal modified adjusted gross income in excess of $182,180, with complete phasing out of the deduction for taxpayers with federal modified adjusted gross income of $222,180. Origin: IRC sec. 137 Estimate: $0.0 |
2.5 | 0.6 | 0 |
| ORIGIN | |
| IRC | Federal Internal Revenue Code (26 U.S.C.) |
|---|---|
| U.S.C | United States Code |
| M.G.L. | Massachusetts General Laws |
| Rev. Rul.; C.B. | Revenue Ruling; Cumulative Bulletin of the U.S. Treasury |
| ESTIMATES | All estimates are in $ millions. |