We celebrate their birthdays, pay their vet bills, and include them in our family portraits — so it’s only natural to wonder if your furry friend can help lower your tax bill, especially as we head into the 2026 filing season.
After all, the 2025 Trump/GOP tax and spending bill introduced several new tax breaks, like the deductions for tips and overtime. Yet while the IRS doesn't consider pets to be "dependents," there are specific (albeit strict) scenarios where your animal can actually reduce your taxable income.
