see this IRS webpage
https://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-hurricane-beryl-in-texas-variou...
note there is a typo in one place where the deadline is listed as 2/3/2024 it is 2/3/2025
per the webpage, certain penalties should automatically be waived. if not, call the number in the notice
see the casualty loss section for instructions on claiming losses by filing form 4684
you have extra time – up to six months after the due date of your federal income tax return for 2024 (without regard to any extension of time to file) (ie 10/15/20225) – to make the election to claim the losses on your 2023 return.
you may want to consult a tax pro to see which year would be most beneficial.
if you have specific questions, post them back in this thread
