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10-01-2009, 09:06 AM | #1 |
I♥PeekTinkySaph&Finny Donating Member Join Date: May 2009 Location: Baltimore, Maryland
Posts: 18,865
| Tax break for pet owners http://www.thehungersite.com/clickTo...n=HAPPYAct3501 Families all over the country have been forced to give up their pets because of financial hardship. H.R. 3501, known as the HAPPY Act, would help Americans provide their pets with the medical attention and quality of life they deserve by making up to $3,500 of qualifying pet care expenses, including veterinary care costs, tax-deductible. This way, pets get to remain in their loving homes and don't wind up on the streets or in the already overburdened shelter system.
__________________ Kat Chloe Lizzy PeekABooTinkerbell SapphireInfinity |
Welcome Guest! | |
10-01-2009, 09:13 AM | #2 | |
Currently Suspended! Join Date: Oct 2008 Location: Canada
Posts: 2,275
| Quote:
WOW that sounds really nice!! | |
10-01-2009, 10:03 AM | #3 |
YT 500 Club Member Join Date: Sep 2009 Location: Indiana
Posts: 793
| Would this be per animal in the household? Or just one set amount per household? Of coarse that amount alone would probably be more than enough for my 3 horses, 2 dogs, and 1 cat. Loretta |
10-01-2009, 10:20 AM | #4 |
The 3 Musketeers Donating Member | Has this bill been approved? We had a thread awhile ago about this proposed bill. A lot of us sent e-mails to our congressmen and senators. But I hadn't heard that it made it through the House or Senate.
__________________ Cindy and Misty and Mazie and Cassie Max (3/31/08 - 6/1/09) |
10-01-2009, 10:22 AM | #5 |
Donating YT 10K Club Member Join Date: Oct 2005 Location: Alabama
Posts: 11,432
| That's absurd! Of course, I can think of lots of other ridiculous things our tax $$$ pay for too, so it really doesn't surprise me. |
10-01-2009, 12:32 PM | #6 |
I♥PeekTinkySaph&Finny Donating Member Join Date: May 2009 Location: Baltimore, Maryland
Posts: 18,865
| I don't know, but I'm assuming it's per household.... don't have time to research now.... but as now it's nothing, this bill is definitely a step in the right direction...
__________________ Kat Chloe Lizzy PeekABooTinkerbell SapphireInfinity |
10-01-2009, 12:34 PM | #7 |
I♥PeekTinkySaph&Finny Donating Member Join Date: May 2009 Location: Baltimore, Maryland
Posts: 18,865
| 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 could deduct up to $3,500 per year! It has nothing to do with how our tax dollars are spent. It has to do with lowering the amount each individual claims as income and has to pay taxes on.
__________________ Kat Chloe Lizzy PeekABooTinkerbell SapphireInfinity |
10-01-2009, 12:41 PM | #8 |
I♥PeekTinkySaph&Finny Donating Member Join Date: May 2009 Location: Baltimore, Maryland
Posts: 18,865
| I searched before I posted ... nothing came up ... this link is for signing a petition to urge Congress to support the bill, which I think has to be done before it is submitted to either the Senate or the House of Reps.
__________________ Kat Chloe Lizzy PeekABooTinkerbell SapphireInfinity |
10-01-2009, 07:20 PM | #9 | |
Donating YT 10K Club Member Join Date: Oct 2005 Location: Alabama
Posts: 11,432
| Quote:
It's all a matter of opinion, but I personally don't think that pet care is something that people should get tax credit for. | |
10-01-2009, 07:32 PM | #10 |
threadkillin' 6 pack Donating Member Join Date: Jun 2009 Location: USA
Posts: 1,242
| on a lighter note Turns out my dad, who is going on 90 and way beyond the IRS statute of limitations used to always deduct vet bills on the income tax. I asked him one time, years ago about deductions and he casually stated, that vets had doctor in front of their names and the bills had doctor names and clinics on them and the medications and diagnosis all sounded good, sooo worked for him, it was all medical, wasn't it? He just lumped it all in with all of us kid's medical bills.. I was shocked....then I laughed....
__________________ lorelei, wife to gerry , momma to bear , baxter ,baby and bug |
10-01-2009, 07:37 PM | #11 | |
BANNED! Join Date: May 2007 Location: USA
Posts: 11,073
| Quote:
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10-01-2009, 07:56 PM | #12 |
Resident Yorkie Nut Donating YT 20K Club Member Join Date: Sep 2006 Location: Texas
Posts: 27,448
| It is expensive anywhere! There are some areas though that are totally outrageous. I have seen that in rescue...some people pay so much more than others, but none are cheap. I just found out last week that I am the top client at my vet. *shudder* ... They were kidding with me because I had recently sent them Godiva and they said they should be buying it for me. I am there all of the time with either my own pups or my fosters. Crazy. You really do not realize how it all adds up.
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10-02-2009, 04:31 PM | #13 |
YT 500 Club Member Join Date: Jun 2005 Location: California
Posts: 581
| This sounds good. When I actually live in the States permanently and pay taxes, it will be nice. I remember someone posted something about a credit card for vet bills. Has anyone ever heard of this or used it? It also sounds like a nice option.
__________________ Mommy to Itzel Mirai and new mommy to Olivia Ilse. http://www.facebook.com/album.php?aid=2041766&id=28002407&l=fe7f758320 |
10-02-2009, 04:42 PM | #14 |
Donating Senior Yorkie Talker Join Date: Nov 2006 Location: chicago
Posts: 265
| Thank you for posting this. I signed the petition.
__________________ Linda Chloe & Dylan R.I.P. Ken 8/3/95 - 2/1/06 & Chiara 1/20/06 - 9/6/09 |
10-02-2009, 07:05 PM | #15 | |
Resident Yorkie Nut Donating YT 20K Club Member Join Date: Sep 2006 Location: Texas
Posts: 27,448
| Quote:
You are probably talking about Care Credit. Some vets accept it and some do not. Also there are varying rates. Some vets offer a period of time that is interest free.....BUT you must pay the bill off in that time or you get hit with high interest. Some offer low rates. It is all what the vet offers and Care Credit maintains it. You can check it out at www.carecredit.com
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