When Pigs Fly and Tax Deduction For Pets Is Legal!

Hearing someone say “When pigs fly”, you just  know you’re never going to see whatever it is happen in your lifetime.  You might have even heard someone scoff at the idea of a tax deduction for your pets.  Well, honey, things are a changing!

Maybe not so much for those pigs flying, but if you’ve got one as a pet, there just might be a tax deduction on the way.

People have been trying to get tax deductions for their pets for years.  And with legislation introduced by Rep. Thaddeus McCotter, R-Mich, pet owners may be able to deduct up to $3,500 per year for pet supplies, medical and pet care expenses, if it gets through Congress.

It’s called the HAPPY Act, which stands for Humanity and Pets Partnered Through the Years, and you can learn more about it at http://www.opencongress.org/bill/111-h3501/show.

Sounds like a great idea to us!  Since we’re the only “kids” our parents have, we don’t see why they can’t get that tax credit.   They love us just like they would human kids–even more so, I think!  But until that happens, the only tax deductions you can currently get for your pets are for guide dogs, service dogs or animals directly related to your business.

With any luck, maybe when April 15th rolls around next year, we all can take advantage of this new bill.  Just think, our Mom and Dad would not only get the benefit of having us around providing constant love and affection, but they’d also get the tax benefit, as well.  It’s a win-win for everyone!