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After you file
You can add the loss for each casualty over $500 to your standard deduction or itemize. The programs have to all be updated to accommodate for the law changes. The program will have updates available at some point.
References:
Publication 584, Casualty, Disaster, and Theft Loss Workbook (Personal-Use Property)
FEMA website to search for specific disasters for the code to file the forms.
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‎January 30, 2025
5:00 PM