@DaveF1006 Hi Dave, I noticed your input and I'm impressed by it.
I have a question about Natural Disaster report.
My family was affected by Iowa Derecho on August 10, 2020. In our backyard, two huge trees fell down, and retaining walls were damaged.
Since we just got tree professionals examine the situation, let alone the retaining wall, and the rebuild project will probably start July or August 2021. Till now, we still don't know how much the project will cost.
My question is: can we file 2020 tax return first, and then amend this issue after the project is done?
When we file before 5/17, do we need to mention this loss even though the cost hasn't not taken yet.
Thanks for your time!
