Katie_Katie
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Think the IRS will notice/care?
I'm adding my pup (Yellow Lab) as a dependent. According to the rules he meets the following criteria:
Relationship - whether by blood or adoption, or a descendant of one of these.
Residence - has the same principal residence as the taxpayer for more than half the tax year.
Age- must be under the age of 19 at the end of the tax year
Support - did not provide more than one-half of his/her own support for the year.
So, the way I figure it. I am good to go.
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bapu
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Re:Think the IRS will notice/care?
2011/04/12 11:44:37
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Katie_Katie
Age- must be under the age of 19 at the end of the tax year
Dog years?
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bapu
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Re:Think the IRS will notice/care?
2011/04/12 11:45:40
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BTW, I added all of the CH as dependents. See why the National Debt is so high? My refund this year is $1.5T (wondering if UAD will come out with new plugs soon)
post edited by bapu - 2011/04/12 11:51:47
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guitarmikeh
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Re:Think the IRS will notice/care?
2011/04/12 11:49:27
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your dog has a SS# or TIN#? if he/she had income you could deduct any expense. be prepare to face fines though. 
I harbor no ill will towards any man.
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Kroneborge
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Re:Think the IRS will notice/care?
2011/04/12 11:53:36
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As a CPA, I'm going to have to recommend you don't do this  Unlike credit card companies the IRS can throw you in jail, lol
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Katie_Katie
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Re:Think the IRS will notice/care?
2011/04/12 11:59:42
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Yeah, you all may be right.
So, instead, I will put him down as farm equipment (hold digger) and depreciate his cost.
Yeah,......that's the ticket.
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UbiquitousBubba
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Re:Think the IRS will notice/care?
2011/04/12 12:04:45
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However, while in jail, the government will provide you with free room and board, healthcare, gym membership, clothing and education. It's win/win!
The preceeding message was brought to you by the Federal Penitentiary System. "We've got a spot picked out just for you."
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Bub 
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Re:Think the IRS will notice/care?
2011/04/12 12:45:30
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The last time I read the Health Care Reform Act, it had a provision in there to provide health care for animals ... I'm not seeing why you can't claim them as a dependant if the goverment is paying for their health care?
btw ... you can write off their food and other costs of owning them if you have a business and you have the dogs there to 'protect' your business. So if you work at home, bang, your golden.
"I pulled the head off Elvis, filled Fred up to his pelvis, yaba daba do, the King is gone, and so are you."
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Kroneborge
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Re:Think the IRS will notice/care?
2011/04/12 13:40:05
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Bub
The last time I read the Health Care Reform Act, it had a provision in there to provide health care for animals ... I'm not seeing why you can't claim them as a dependant if the goverment is paying for their health care?
btw ... you can write off their food and other costs of owning them if you have a business and you have the dogs there to 'protect' your business. So if you work at home, bang, your golden.
hmm, I would think you would have to allocate it just like you do home office space. So if you used 20% of the house for business, you could write off 20% of the dog (note I haven't researched this at all, so I could be wrong).
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Bub
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Re:Think the IRS will notice/care?
2011/04/12 14:10:39
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Kroneborge
Bub
The last time I read the Health Care Reform Act, it had a provision in there to provide health care for animals ... I'm not seeing why you can't claim them as a dependant if the goverment is paying for their health care?
btw ... you can write off their food and other costs of owning them if you have a business and you have the dogs there to 'protect' your business. So if you work at home, bang, your golden.
hmm, I would think you would have to allocate it just like you do home office space. So if you used 20% of the house for business, you could write off 20% of the dog (note I haven't researched this at all, so I could be wrong).
I'm not sure of the details and for the life of me I can't remember where I saw it, but I remember my wife and I talking about it. We have 2 dogs so of course the light was going off in my head immediately when I saw it. :)
"I pulled the head off Elvis, filled Fred up to his pelvis, yaba daba do, the King is gone, and so are you."
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Beagle
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Re:Think the IRS will notice/care?
2011/04/12 14:12:33
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UbiquitousBubba
However, while in jail, the government will provide you with free room and board, healthcare, gym membership, clothing and education. It's win/win!
The preceeding message was brought to you by the Federal Penitentiary System. "We've got a spot picked out just for you."
and a boyfriend/girlfriend!
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Randy P
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Re:Think the IRS will notice/care?
2011/04/12 14:36:00
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Bub
Kroneborge
Bub
The last time I read the Health Care Reform Act, it had a provision in there to provide health care for animals ... I'm not seeing why you can't claim them as a dependant if the goverment is paying for their health care?
btw ... you can write off their food and other costs of owning them if you have a business and you have the dogs there to 'protect' your business. So if you work at home, bang, your golden.
hmm, I would think you would have to allocate it just like you do home office space. So if you used 20% of the house for business, you could write off 20% of the dog (note I haven't researched this at all, so I could be wrong).
I'm not sure of the details and for the life of me I can't remember where I saw it, but I remember my wife and I talking about it. We have 2 dogs so of course the light was going off in my head immediately when I saw it. :)
Uhh.....Bub? Perhaps you are referring to a bill introduced in California? There is no mention of pets in the national healthcare act passed, nor their healthcare. A legislator in Calif. did introduce a bill last year to regulate companies that sell "pet insurance". Randy
http://www.soundclick.com/riprorenband
The music biz is a cruel and shallow money trench,a plastic hallway where thieves & pimps run free and good men die like dogs. There's also a negative side. Hunter S. Thompson
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philz
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Re:Think the IRS will notice/care?
2011/04/12 14:38:10
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Katie_Katie
I'm adding my pup (Yellow Lab) as a dependent. According to the rules he meets the following criteria:
Relationship - whether by blood or adoption, or a descendant of one of these.
Residence - has the same principal residence as the taxpayer for more than half the tax year.
Age- must be under the age of 19 at the end of the tax year
Support - did not provide more than one-half of his/her own support for the year.
So, the way I figure it. I am good to go.
Katie, on those grounds I could claim 2 of my 3 (independent  ) adult children, my mother and my girlfriend's dog.
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