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tjmc329
New Member

Can I write off a loan taken out in 2016 for IVF treatments?

 
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1 Reply
Coleen3
Intuit Alumni

Can I write off a loan taken out in 2016 for IVF treatments?

Not the loan itself, but the medical expenses paid from the loan are deductible.

  1. Open your tax return.
    (To do this, sign in to TurboTax and click the orange 
    Take me to my return button.)
  2. Search for Schedule A and then click the "Jump to" link in the search results.
  3. Answer Yes on the Did you have any medical expenses in 2016? screen.
  4. You will then be prompted to enter your medical expenses, starting with prescriptions.

If you're using Federal Free Edition or Basic and your medical expenses are large enough that you would benefit from itemizing deductions, you'll be prompted to upgrade to Deluxe, as the Federal Free and Basic versions do not handle Schedule A.

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