Being pregnant and having a baby is expensive — between medical bills, supplies and, you know, actually raising a human being, costs really add up. But hold onto those receipts, because a lot of the necessities you’re spending on are tax-deductible. (Although the rules below will be subject to change with the new tax bill coming into effect next year, they’re still applicable for 2017 tax returns.)
What’s tax-deductible & what’s not
The Internal Revenue Service allows a deduction for medical expenses — including preggo expenses — for taxpayers who itemize on a Schedule A.