RobertB4444
Expert Alumni

Deductions & credits

If you know that you are going to get a further insurance reimbursement but have no idea how much then you should leave the disaster off of this year's taxes.  You should enter it into the year that you receive the final insurance payment and know the bottom line.  It's annoying to wait, I know, but that is the best way to handle it.

 

@Eroc1234 

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