TomD8
Level 15

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Here's the IRS wording:

Casualty Losses - A casualty loss can result from the damage, destruction, or loss of your property from any sudden, unexpected, or unusual event such as a flood, hurricane, tornado, fire, earthquake, or volcanic eruption. A casualty doesn't include normal wear and tear or progressive deterioration.  https://www.irs.gov/taxtopics/tc515.html

Hard to imagine that a sinkhole wouldn't qualify..             

**Answers are correct to the best of my ability but do not constitute tax or legal advice.