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Deductions & credits
Due to tax reform legislation, the deduction for personal casualty or theft losses has been suspended (eliminated) for tax years 2018 through 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.
Please see the TurboTax Help article "What if I have property that was lost or damaged (a casualty loss)?" for more information.
[Edited 3|17|2020 8:33 am]
‎June 3, 2019
1:18 PM