How to file loss of BIG TREE ON MY HOMESITE

[Opus 17]

Did your home suffer damage or are you just interested in documenting the loss of a valuable tree?

[kilnmaint]

lOSS OF TREE ONLY. big  36 "diameter by70 feet tall, lots of shade gone.

[Opus 17]

In order to take a casualty loss deduction, you need a qualified appraisal of the tree or an appraisal of your property that shows the decrease in value.  Then the casualty loss deduction is listed under "theft and casualty losses" on the deductions and credits page.  Because casualty losses have a deductible equal to 10% of your income, it will need to be a fairly large loss before you can benefit.