How much must tanya include in taxable income

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Question - Anya's employer offers a cafeteria plan that allows employees to choose among a number of benefits. Each employee is allowed $6,000 in benefits. For 2018, Tanya selected $3,360 ($280 per month) of parking, $1,840 in 401(k) contributions, and $800 of cash. How much must Tanya include in taxable income?

A. $0

B. $1040

C. $1120

D. $4000

Reference no: EM132190802

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