Coping with depression, anxiety, or other mental conditions can be difficult indeed.
Often, an emotional support animal can provide important comfort and assistance.
The IRS recognizes this. So if you qualify, you can deduct the cost, training, and maintenance of your companion animal.
Want to get all the details? Read my new article titled Tax Tips: Can Your Emotional Support Animal Take a Bite Out of Your Taxes?
Three ways our fact-filled article can help you:
- You’ll learn how to qualify your animal as a bona fide medical expense. You can generally deduct a qualifying psychiatric animal as a medical expense in one of three ways. You’ll get all the information you need when you read the full article.
- We’ll explain the two hurdles you’ll have jump over. In order to deduct costs associated with your animal, the IRS requires that you pass two tests. One is called the “primarily for” test. The other is the “but for” test. Both will be explained in easy-to-understand language when you read the full article.
- You’ll learn how to take advantage of the Americans With Disabilities Act (ADA). If you qualify under the act, you have a greatly improved chance of having your deductions stand up to IRS scrutiny. We’ll tell you how to put the ADA to work for you when you read the full article.