DaveF1006
Expert Alumni

Deductions & credits

Yes, I would file an amendment for this year to claim the disaster loss. I have checked this FEMA website and Hurricane Laura has been updated as a declared major disaster. You can now report this in Turbo Tax. To amend:

  1. Sign in to TurboTax.
  2. Scroll down to under Your tax returns & documents,
  3. Select Amend (change) 2020 return,
  4. Then Start amending my 2020 return.
  5. Then, select the reason you’re amending and follow the onscreen instructions.
  6. Go to federal>deductions and credits>

    To amend your 2020 return:

  7. Go to federal>deductions and credits>Other Deductions and Credits>show more

  8. Disasters, theft, and other property loss or damage>start or revisit

[Edited 03-18-2021|12:17 PM PST]

 

 

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