Can You Deduct Your Dog as a Security System?

Dr. Friday Tax Tips
Dr. Friday Tax Tips
Can You Deduct Your Dog as a Security System?
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Join Dr. Friday, a renowned tax expert and president of Dr. Friday’s Tax and Financial firm, in this intriguing one-minute episode of her podcast. She addresses a frequently asked and quirky tax question: “Can I deduct my dog as a security system?” As a dog lover herself, Dr. Friday shares her personal experience and expertise, providing a clear, engaging explanation about the tax implications of considering your furry friend as a security system. Whether it’s her beloved Great Danes or your household pet, this episode is a must-listen for pet owners navigating the complexities of tax deductions. Visit www.drfriday.com for more information, and don’t miss Dr. Friday’s live call-in show every Saturday from 2 to 3 p.m. on 99.7 WTN.

Transcript

G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.

I love this question. I am asked it, oh goodness, at least a few times every time I prepare a tax return every month. Can I deduct my dog as a security system? And I love it because, I mean, I’m a dog lover. You guys all know that. I’ve got two beautiful Great Danes and no, they are nothing more than my babies. That’s all they are and I would love to take their food bill off. Come on guys, 180 pounds worth of dog isn’t exactly a cheap thing to feed. But that being said, if your dog is not actually rocky around the outside of your building securely and it’s not a family pet, then yes, it’s security. But if it’s your best buddy, I’m sorry, you can’t deduct your pet.

You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.