JohnW222
Expert Alumni

Get your taxes done using TurboTax

Unfortunately, you're no longer allowed to deduct such a loss.  The deduction for personal casualty or theft losses has been suspended (eliminated) through Tax Year 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.

Please see the TurboTax Help article "What if I have property that was lost or damaged (a casualty loss)?" for more information.

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