When the tax laws changed for 2018 and beyond, casualty losses were eliminated as a deduction unless you are in a federally declared disaster area. While very unfortunate, your son's personal vehicle damage is not deductible as a casualty loss. We hope your son is all right.
**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.**
