There is no way to attach a statement to your return to submit electronically. You will need to print and mail your return, including the statement attached to the return.
As far as denoting the decrease in value, this can be accomplished by entering the FMV of the property before the disaster and after. The difference represents the decrease in value. Most disasters will result in the total loss so if the property was worth $5000 before and totally worthless afterwards, you would record a 0 for the FMV after loss, representing a $5000 loss/decrease in value. If $5000 before but $1000 afterwards, a $4000 loss/decrease in value.
Let me know if this answers your questions.
@Justin202203
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
