- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, your expenses paid in 2020 can be used towards the adoption credit in 2021 for a domestic child even if the adoption has not been finalized.
To claim them in TurboTax:
- Select Start/Revisit in Federal > Deductions & Credits > You and Your Family > Adoption Credit.
- For your child's information, enter "Unknown" for first and last names. The birth year can be approximate. Leave the social security number field blank.
- Select The adoption proceedings for Unknown began in 2020 or earlier.
- Select None of the above to Let us know which one applies to your adoption.
- Enter your 2020 adoption expenses and leave the 2021 fields blank. TurboTax should apply the credit based on your 2020 expenses, up to $14,440 per adoption.
‎February 26, 2022
6:20 AM
888 Views