- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Sorry, no. Casualty and theft losses are not reported on a federal tax return unless the loss occurred in a federally designated disaster area.
You can add the cost of the roof to the adjusted basis of the home when the home is sold.
‎January 21, 2023
1:39 PM