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Get your taxes done using TurboTax
The water damage occurred at the end of '23 but the repair work was not done until early the following year, '24. I received the check just before Christmas of '23. The mitigation was done right after the damage in '23 but I paid the company in '24. How and in which tax year should I report the mitigation?
March 24, 2025
11:48 AM