I've searched the forums, and I believe I can claim adoption expenses, but I'm having trouble doing so.
My wife and I started the adoption process in 2020. We spent ~$25,000 in 2020 in adoption expenses to a domestic agency as a 'down payment'. The process hasn't moved much since then, as we are still waiting to find a match. My understanding is that I can claim these expenses on my 2021 taxes. However, when doing this on TurboTax, they ask for the adopted childs' name (which I obviously don't have yet, given that we are still looking for a match). When I don't provide a name, it says I'm not eligible.
In short, should I be able to claim my 2020 adoption expenses on my 2021 taxes even though I'm still looking for a domestic match? If so, am I somehow entering them wrong on TurboTax because it requires a name for the child?
Any help would be appreciated, as I don't want to mess this up and find out later that I missed the opportunity to claim the expenses.
For the record, below is a copy/paste from a TurboTax post explaining who is eligible to claim adoption costs, and I think this means I should be eligible:
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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:
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:
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