My wife and I had a failed adoption in 2014. We paid all adoption fees in 2014 through an adoption agency. The baby was born in August 2014 and after a couple of months the birth father was granted custody in family court. Will we be able to claim the adoption credit when we file our 2014 taxes?

ANSWER

Expert Barbara Blacklidge's Answer:

If you paid qualified adoption expenses in an attempt to adopt a U.S. child and the attempt was unsuccessful, treat those expenses in the same manner as expenses you paid for adoptions not final by the end of the year. In other words, you would claim the expenses you paid in 2014 on your 2015 tax return when you file it in 2016. http://www.irs.gov/pub/irs-pdf/i8839.pdf Please let me know if I can assist you further. Thank you and best regards, Barb

Barbara Blacklidge, EA

Florida

17 yrs experience

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