MindyB
Expert Alumni

Deductions & credits

It depends. ‌According to: What if I have property that was lost or damaged (a casualty loss)? you may be able to deduct the cost of damage and cleanup, if you live in a federally declared disaster area. For Hurricane Milton, most of Florida qualifies, but Jefferson County and west doesn't. ‌Check if your county is included in the federally declared disaster area here: Designated Areas: Disaster 4834

 

To claim the deduction in TurboTax Online:

1. Upon opening TurboTax, choose Deductions & Credits

2. Scroll to Other Deductions and Credits

3. Start/Revisit "Disasters, theft, and other property loss or damage"

4. The interview will ask you questions to report the loss