My question was not about COVID as a natural disaster but for Tropical storm Isaias which was declared a major disaster declaration. IRS publication instructions for form 4684 where update Feb 2021. The update includes -
Qualified disaster loss.
A qualified disaster loss is an individual’s casualty or theft loss of personal-use property that is attributable to a major federal disaster declared by the President under section 401 of the Stafford Act in 2016, as well as from Hurricane Harvey, Tropical Storm Harvey, Hurricane Irma, Hurricane Maria, or from the California wildfires in 2017 and January 2018.
A qualified disaster loss includes an individual's casualty or theft of personal-use property that is attributable to a major federal disaster that was declared by the President under section 401 of the Stafford Act if declared on or after January 1, 2018, and before February 18, 2020, if that loss occurred before January 19, 2020. However, this change does not include those losses attributable to California wildfires in January 2018 (which received special relief in 2018).
A qualified disaster loss is now expanded to include an individual's casualty and theft of personal-use property that is attributable to a major federal disaster that was declared before February 26, 2021, by the President under section 401 of the Stafford Act and that occurred on or after December 28, 2019, and on or before December 27, 2020, and continued no later than January 26, 2021.
Does this mean the forms currently provided in TurboTax Deluxe for 2020 tax year to be updated or did I miss understand the intent of the update?
