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Deductions & credits
Was this for your personal vehicle or a vehicle used for business? If it was for your personal vehicle, there is not a deduction. Casualty losses were eliminated as a federal deduction when the tax laws changed for 2018 and beyond, for any sorts of casualty losses except those attributed to being in a federally declared disaster area.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎November 14, 2023
6:24 AM