- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@rampager Sorry but casualty losses are not deductible on your federal tax return. The tax law that allowed you to enter such losses was changed for 2018 and beyond. Only losses sustained in a federally declared disaster area can be deducted.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎April 9, 2022
11:33 AM