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Deductions & credits
@momichica wrote:
Yes. I am . Itemized deductions. I heard 2018-2025 no casualty/theft loss may be claimed on 1040. Is this correct??
That is correct. Casualty and Theft losses are not deductible on a federal tax return unless they occurred in a federally declared disaster area.
‎April 15, 2022
6:02 AM