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Deductions & credits
No, you won't be able to claim the personal theft on your income tax return. The deduction for personal casualty or theft losses has been repealed in tax years 2018–2025, unless the loss occurred in a federally-declared disaster area.
Previously, uninsured losses exceeding $100 due to fire, theft, or natural disaster could be deducted if the total loss amount exceeded 10% of the AGI, regardless of location.
For additional information, see What if I have property that was lost or damaged (a casualty loss)?
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March 15, 2021
7:18 AM