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Deductions & credits
So sorry for your dreadful fire-related expenses. But unless you were in an area that has been declared a federal disaster area--such as a wildfire area, you cannot deduct anything for the fire on your federal return. When the tax laws changed for 2018 and beyond, casualty and theft losses were eliminated as a federal deduction unless you are in a disaster area.
**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.**
May 8, 2022
2:37 PM