Is the cost of tree removable destroyed by storm deductable? How about the tree replacement?

chucktowne · ‎July 15, 2020

xmasbaby0 · ‎July 15, 2020

Unless you are in a federally declared disaster area, casualty losses are no longer deductible on a federal return.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

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Anonymous · ‎July 16, 2020

was the tree located on business including rental property, then it would be deductible on the appropriate form. if it was your home, then no.

Is the cost of tree removable destroyed by storm deductable? How about the tree replacement?

Deductions & credits

Deductions & credits