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Re: Employment Credit vs. Tax Credit?
Originally Posted By davis
Your company identifies the 3000 on your W-2 in block 12. When you are filling out your Tax Form 8839, there is a portion that deals with the amount your company contributed. Basically, as long as your AGI is under 75,000 you will not have to pay taxes on the 3000 company reimbursement. It is also separate from the 10000 credit the govt pays.
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