LindaS5247
Expert Alumni

Deductions & credits

Yes, if you live in an area that was declared a federal disaster area after Ida, and you reported your loss on your 2021 tax return, then you may carry forward the loss for up to 20 years.

 
The links below contain information provided by the IRS on the topic of natural disaster casualty losses.https://www.irs.gov/pub/https://www.irs.gov/515
 

 

[Edited 01/30/23|5:41 pm PST]

 

 

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