turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

janay1997
New Member

I had someone steal a lot of my belongings from my house last October. For example, my class ring and other jewelry was stolen. How do I claim that for a deduction?

Someone stole belongings including jewelry, clothes, my television, et cetera and I never got those items back. I saw that under the deductions page there's something about theft and natural disasters so I thought I would fill it out there, but I don't know if it's the right spot because the theft wasn't necessarily a result of the disaster (COVID-19).  What should I do? Or is this not even worth pursuing?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

I had someone steal a lot of my belongings from my house last October. For example, my class ring and other jewelry was stolen. How do I claim that for a deduction?

Casualty and theft losses are not deducible on a federal tax return unless the loss was due to a declared natural disaster.

I had someone steal a lot of my belongings from my house last October. For example, my class ring and other jewelry was stolen. How do I claim that for a deduction?

Delete. Article I referenced was old. 

 

I had someone steal a lot of my belongings from my house last October. For example, my class ring and other jewelry was stolen. How do I claim that for a deduction?

So sorry that happened to you.   But sadly there is no deduction on your tax return for that.  When the tax laws changed for 2018 and beyond, casualty and theft losses were eliminated as a deduction on your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question