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19755 East Pikes Peak Ave, Suite 101, Parker, CO 80138

If You Are Trying to Deduct Your Pets as Dependents…

01/11/2010

You are not alone. Congressional Representative Thaddeus McCotter (R-Mich) last summer introduced The HAPPY Act (HR 3501). That is “The Humanity and Pets Partnered Through the Years Act.” The Bill asserts that 63% of American households include pets and that the “human-animal bond has been shown to have positive effects upon people’s emotional and physical well-being.” Here here! All of you who have passed through my office know that I certainly have a soft spot for cats, dogs, deer, squirrels, horses, raccoons…. If passed, Americans would be able to deduct up to $3,500 of expenses for the care of their companion critter, including food and vet care. I know I could use that deduction! The likelihood of passing? I’d say slim to nonexistent. Check it out on www.PetPAC.net (yes, pets have a political action committee, too).

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