GiseleD
Expert Alumni

Deductions & credits

I'm sorry to hear about the experiences you had. Unfortunately, the Tax Cuts and Jobs Act limited deductible losses to those incurred in a federally declared disaster. If the water pipe breakage originated from a federally declared disaster, here's how to deduct it in TurboTax Online:

 

  • Click Deductions & Credits (tab at top of screen).
  • Scroll to the bottom and click Other Deductions and Credits.
  • Click Start next to Disasters, theft, and other property loss or damage.
  • Proceed through the interview questions. 

@zenglian

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