Posts Tagged: Benefits Of Pets & Taxes
Tuesday, April 18th is drawing nearer, and those of us who haven’t filed our taxes yet are scrambling to get our documents together, ahead of the looming deadline. Although figuring out which tax deductions you are eligible for can be a headache, it may be worth looking into, especially if you’re a pet owner. While you probably won’t be able to write off that $79 football jersey you bought for your Boston Terrier, chances are you may qualify for other pet owner tax breaks.
Pet Owner Tax Breaks
You may consider Fido or Fluffy a full-fledged family member, but the IRS doesn’t see it that way. Although you won’t be able to claim your dog, cat, parakeet, guinea pig, bearded dragon lizard, or any other pet as a dependent, there are a few ways to offset some of the expense that goes along with owning a pet.