my cat .. he kills a lot of mice and insects in the house, therefore replacing the need to hire an exterminator.
How do I claim him?
2007-04-02 05:44:09 · 6 answers · asked by Reserved 6 in Business & Finance ➔ Taxes ➔ United States
You'll need a schedule F (feline). You'll need to determine if the gain is short term (he kills the mouse immediately) or long term (he plays with it for awhile).
2007-04-02 05:54:53 · answer #1 · answered by Thundercat 7 · 3⤊ 2⤋
As the cost of exterminators is not a deductible expense on the Federal Tax return, neither would the expenses related to your cat be deductible, You can not claim this on Your Federal Tax return
2007-04-02 12:51:45 · answer #2 · answered by Rob 7 · 1⤊ 0⤋
I'd say claim him as home business income and then deduct for the losses (food, litter, vet care). He/she is part of the research and developement department for a start up pest control company.
2007-04-02 13:05:57 · answer #3 · answered by Dean * 4 · 0⤊ 3⤋
You don't. Nice try, though.
If nothing else, exterminator fees aren't tax deductible anyway so that angle won't work.
2007-04-02 13:17:23 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 1⤋
is your cat shaved?
2007-04-02 14:39:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
sorry, you can't.
2007-04-02 18:36:39 · answer #6 · answered by Ola 4 · 0⤊ 0⤋