Name: Owning a pet may soon give you a break on your taxes
Uploaded: 2026-03-31T17:11:10.103Z
Duration: 1 min 15 s
Description: A bill being worked on by the New York State Assembly would create a tax credit for the money spent on pets.

A bill being worked on by the New York State Assembly would create a tax credit for the money spent on pets.

Long Island

A bill under consideration by the New York State Assembly would provide tax credits to pet owners for expenses related to the care of dogs and cats. The proposed legislation would allow owners to claim credits for up to two animals, including up to $150 for essential items and up to $300 for veterinary costs per pet.

According to local advocates, Long Islanders typically spend between $150 and $300 per month on pet food, with annual costs reaching as high as $4,300 per pet. If passed, the tax credits would apply to expenses paid in 2026.

Owning a pet may soon give you a break on your taxes

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Florida

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Washington

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Brussels

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London

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Breakdown