Adoption Expenses deduction

rmora53 — Tue, 04 Jun 2019 21:02:24 GMT

We paid adoption expenses in 2015 and 2016 for adoption of grandchild. The adoption was final in 2016. Can I deduct 2015 and 2016 expenses. Turbo tax states to only enter 2016 expenses

Yes, you can deduct adoption expenses incurred in both 20...

BMcCalpin — Tue, 04 Jun 2019 21:02:26 GMT

Yes, you can deduct adoption expenses incurred in both 2015 and 2016 for an adoption finalized in 2016.

TurboTax makes this clear on the screen entitled "Credit for Adoption Expenses" when it says "Paid adoption expenses in 2015 or 2016". Later, during the Adoption Credit interview, TurboTax will ask you fo the 2015 expenses on one screen, and the 2016 expenses on the next screen.

This is in line with what the IRS permits – see the IRS webpage on Topic 607.

topic Adoption Expenses deduction in Deductions & credits

Adoption Expenses deduction

Yes, you can deduct adoption expenses incurred in both 20...