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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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‎January 21, 2020
5:26 PM
1,241 Views