I spend a lot of money on my kids, but because my kids all have 4 legs and tails I don't get any tax breaks. I've always said this was discrimination. While I still can't use them as dependents on my income tax, I may soon be able to claim some of their expenses on my W2 and get a tax break. The following is copied from the ASPCA:
Introduced by Rep. Thaddeus McCotter, H.R. 3501—known as the Humanity and Pets Partnered Through the Years (“HAPPY”) Act—is a federal bill that would reward responsible pet parents by allowing them to keep more money in their pockets come tax time.
We all want to give our animal companions the best care we possibly can, but it seems that pet care costs are always on the rise—and these days, it’s harder than ever to stretch the family budget. That’s why the ASPCA supports H.R. 3501, which would amend U.S. tax code to allow qualifying pet care expenses, including veterinary care, to be tax-deductible.
This means that when you prepare your income taxes, money you spent on pet care that year would count as non-taxable income—and you can deduct up to $3,500 per year!
Please help us support the HAPPY Act, H.R. 3501.
What You Can Do
Visit the ASPCA Advocacy Center online to send an email to your U.S. representative and urge him or her to support and cosponsor the HAPPY Act, H.R. 3501.
This sounds like a good bill. Let's make sure it gets passed!
Wednesday, September 23, 2009
Subscribe to:
Post Comments (Atom)
1 comment:
This would be so fantastic. I sometimes think that human children would be cheaper than my four-legged ones.
Post a Comment