hanw
Returning Member

Need help on tax deduction on a totaled car lost in a accident.

My personal car was totaled in an accident at the beginning of last year, 2022. Unfortunately i didn't buy a collision coverage for my car. I was no fault in this car accident and based on michigan's no-fault law, the insurance company of other guy who is at fault gave me a check of $3000 which is the highest sympathy amount in michigan.(They file the claim.)

I bought a new camry afterwards and can i get any tax deduction. How to file it with turbotax? Thanks.