No, you have to report income, expenses, losses in the year the event took place.
- You cannot take a deduction for the loss on personal use property. However, you have to pay taxes on any gain.
To enter the sale of a second home, an inherited home, or land, click here.
If this was used as a rental or other investment property, you could amend your 2018 income tax return, to claim the capital loss. To amend your income tax return, click on How to amend (change or correct) a return you - TurboTax Support.
[Edited 3-10-2020|12:52 pm PST]
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