mikafeed58
Expert Alumni

Get your taxes done using TurboTax

Thank you for posting your question! Since the Leilani Estates Neighborhood was included in the Federal Disaster Declaration of May 11, 2018 (DR-4366-HI), casualty losses can be deducted as an itemized deduction on Schedule A (if you are itemizing and not taking the standard deduction). 

 

Click on the link below for more information from the FEMA website regarding this disaster:

 

https://www.fema.gov/disaster/4366

 

TurboTax is certainly set up for this type of deduction: 

 

https://turbotax.intuit.com/tax-tips/tax-relief/about-casualty-deduction-for-federal-income-tax/

 

  1. Click the "Deductions & Credits" tab
  2. Scroll down to "Other Deductions & Credits"
  3. "Show More.
  4. You will find the "Disaster, theft...loss" topic there. 
  5. DR-4366-HI is the major disaster declaration ID
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