You can work through the Casualty loss worksheet in Itemized deductions, but you will not likely get any tax benefit. Whey? After you have determined the amount of the loss, and assume that it is the amount of your deductible, then you must first reduce the loss by $100, and then you must further reduce the loss by 10% of your adjusted gross income. So for a $2000 deductible, it is first reduced to $1900, then if your Adjusted Gross Income is more than $19,000, your deductible loss is zero. It is probably not worth your time to go through the calculations. The cost of the replacement tub does not figure in at all. Why? Because repairs and maintenance to your personal residence are not ever deductible.
