VictoriaD75
Expert Alumni

Deductions & credits

You may deduct casualty and theft losses relating to your home, household items, and vehicles on your federal income tax return if the loss is caused by a federally declared disaster declared by the President. 

 

If you qualify, to enter your out of pocket expenses not covered by insurance:

  • From the Deductions & Credits menu, expand the menu for Other Deductions & Credits
  • Click Start/Revisit next to Disasters, theft, and other property loss or damage
  • Enter the information on the screens that follow

Casualty, Disaster, & Theft Losses

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"