@Hal_Al wrote:
Q. Do I do that now or when I do my taxes?
A. When you do your taxes.
There is no provision, in TurboTax (TT) for adding information on an "as you go" basis. The 2025 TT software will not be available until mid November 2025. The TT software/program you currently have is only for tax year 2024. Entering info now will mess up your 2024 return.
However,
If this storm was declared a qualified federal disaster, you have the option of filing an amended 2024 return to claim the loss there (even if the loss occurred in 2025), which may result in a refund from your 2024 taxes rather than reducing your 2025 taxes. At this point (July 2025) it's a toss-up as to which would be paid first, a refund from an amended 2024 return, or your 2025 return filed in February 2026.
