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Level 1
June 1, 2019
Question

I had a home theft in 2017. Can I take a loss on what insurance would not cover? If so do I ammend my return for that year? What section would I enter the loss?

  • June 1, 2019
  • 1 reply
  • 5 views
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1 reply

PopeyeTheSalior
Level 13
June 1, 2019

Yes, you can.  If you have filed, you would need to amend if the casualty loss creates a difference in your total refund or tax due.  To see instructions:

https://ttlc.intuit.com/replies/6478855