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Is it too late to file an amended 2016 return to claim casualty loss from Hurricane Mathew? I am in the declared disaster area.
I sustained a substantial casualty loss (dock/boat house) due to Hurricane Mathew (Oct. 2016) that I did not claim on my 2016 tax return because the repair/replacement was not completed until after I submitted the 2016 return. My home is located in the declared Hurricane Mathew Federal Disaster area. As I was preparing an amended return to claim the loss, I found the following requirement in some of the literature regarding casualty losses: You have six months after the tax filing due date for the year of your loss to decide what year you want to claim the deduction in. Am I outside the window for submitting an amended return? If so, do I have any other options for claiming the loss?
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‎June 3, 2019
10:49 AM