Statistics prior to that time are from the former animal shelter. The dollar limitation applies separately to both the credit and the exclusion, and you may be able to claim both the credit and the exclusion for qualified expenses. ![]() *The Animal Care and Adoption Center opened in April 2017. The maximum adoption credit allowable in 2022 is 6,890 (14,890 dollar limit for 2022 less 8,000 previously claimed). If you foster pets in your home, you may be able to deduct. Flat income tax rate of 5 20 exemptions for up to 10,200 of unemployment benefits if household income is below 200 of federal poverty level. Qualified adoption expenses include expenses incurred by a registered domestic partner who lives in a state that allows same-sex second parent or co-parent to adopt his or her partner’s child, adoption expenses and that otherwise qualify for the credit. Foster pets Many animal shelters rely on volunteers to foster pets in their homes as they await adoption. To learn more about the program and any animals you are interested in that qualify, please contact our Adoption Center staff:. However, because the Center takes in some very vulnerable and sick animals-including newborn orphaned animals-some of the animals in our care do pass away orĪre humanely euthanized to end suffering due to incurable disease. Estimate your 2023-2024 federal tax refund or bill with our free income tax calculator, all in just a few steps. Breeding animals If you breed dogs, cats, horses, or other animals as your primary occupation (not as a hobby), you can deduct related costs as business expenses. The Center gives every animal in its care the time and support needed to find a loving home. Take a look at the shelter's custody records via the Virginia Department of Agriculture and Consumer Services.Ī shelter’s “Live Release Rate” is the number of live outcomes divided by the number of total outcomes. For example, if a family with MAGI of less than 223,410 paid 14,440 of qualified adoption expenses in 2022 and received 4,440 in reimbursements from an employer’s adoption assistance program, it may exclude 4,440 from gross income in 2021, but the expenses allowable for the adoption credit would be limited to 10,000 (14,440 of total. Annual Shelter Statistics Custody Records ![]() If you are bringing your cat to the center for adoption, please call and make an appointment so we can ensure we have space to accommodate your cat. adoption fee listed on their profile, so please be prepared for that cost. Kittens and injured cats will also be taken into the Center to receive care and new tax savings and reliable annual income while donating to a worthy charity. ![]() Montgomery County residents may give their cats up for adoption if they can no longer take care of them. Cats are a new addition for the Animal Care and Adoption Center.
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