Comments on: Would training for service dog be tax deductible? http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible Because We Love Dogs Sun, 12 Feb 2012 20:00:21 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Judy http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible/comment-page-1#comment-3037 Judy Sun, 19 Jul 2009 02:20:59 +0000 http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible#comment-3037 Yes in both cases, but only if you itemize, and only for the portion of the expense than exceeds 7.5% of your adjusted gross income.<br><b>References : </b><br> Yes in both cases, but only if you itemize, and only for the portion of the expense than exceeds 7.5% of your adjusted gross income.
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]]> By: TaxGuru http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible/comment-page-1#comment-3036 TaxGuru Sun, 19 Jul 2009 01:47:59 +0000 http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible#comment-3036 From the IRS website: "The cost of items such as false teeth, prescription eyeglasses or contact lenses, laser eye surgery, hearing aids, crutches, wheelchairs, and guide dogs for the blind or deaf are deductible medical expenses." By extension, the cost of training should also be deductible.<br><b>References : </b><br>http://www.irs.gov/taxtopics/tc502.html From the IRS website:

"The cost of items such as false teeth, prescription eyeglasses or contact lenses, laser eye surgery, hearing aids, crutches, wheelchairs, and guide dogs for the blind or deaf are deductible medical expenses."

By extension, the cost of training should also be deductible.
References :
http://www.irs.gov/taxtopics/tc502.html

]]> By: Anthony C http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible/comment-page-1#comment-3035 Anthony C Sun, 19 Jul 2009 01:24:59 +0000 http://mtolympusmastiffs.com/dog-training/would-training-for-service-dog-be-tax-deductible#comment-3035 The dog I would not be sure as you need to ask a practicing accountant but I would suspect that may be a strong maybe, The hearing aid yes as this is a medical expense, I believe the dog would fall under this category as well, however there is a limitation on this deduction so again speak with a practicing professional. If you are paying that much in taxes it would be worth the consultation cost.<br><b>References : </b><br>B.S Business Admin with a concentration in Accounting, but I am not in the profession. The dog I would not be sure as you need to ask a practicing accountant but I would suspect that may be a strong maybe, The hearing aid yes as this is a medical expense, I believe the dog would fall under this category as well, however there is a limitation on this deduction so again speak with a practicing professional. If you are paying that much in taxes it would be worth the consultation cost.
References :
B.S Business Admin with a concentration in Accounting, but I am not in the profession.

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