@PatriciaV ，
Good morning.
I am confused the IRS tax relief of Hurricane Ian here, https://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-hurricane-ian-in-florida, so we can only deduct 10% AGI if used itemized duduction because of Ian it's not a "qualify loss"? If we use standard deduction then we can't deduct any losses?
I read some articles from tax accounting professionals, can you please read the IRS rax relief and below articles and let me know if my understand is correct or not?
https://www.cottrelltax.com/ian-casualtylosses
https://www.ficpa.org/publication/hurricanes-ian-and-nicole-casualty-losses
https://www.bpbcpa.com/tax-treatment-of-casualty-losses-and-casualty-gains-from-hurricanes-ian-fiona...
Thank you so much. Have a great day.
