dmertz
Level 15

Deductions & credits

Your casualty loss is not deductible on your 2022 tax return.

 

For tax years 2018 through 2025, only casualty losses in a federally declared disaster area and associated with that disaster are deductible.

 

For tax years 2018 through 2025, only theft losses associated with a Ponzi scheme are deductible.

 

https://www.irs.gov/pub/irs-pdf/p547.pdf

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