Deductions & credits

If your uncovered loss was $1,109.86, then don't even bother trying to claim it as a casualty loss. Why. Simply this, for any casualty loss, once you have determined the gross loss, and let's say that is was $1,109.86, to determine what you can deduct, you must first reduce that amount by  $100, leaving $1,009.86, and then you have to further reduce that loss by 10% of your adjusted gross income. So, if your adjusted gross income was more than 10,098.60, then you have 0 loss left to deduct.