Regarding Form 4684, how specific must
we be in describing property damaged by a flood? We replaced
carpeting, padding, drywall, baseboard and insulation in 4 different
rooms. We have a lump-sum receipt from the company that performed all
of the restoration work; is that sufficient for IRS purposes?
We also lost quite a few miscellaneous
items such as a vacuum cleaner, a fan, storage cabinets, bathroom
vanity, throw rugs, holiday decorations, etc. Must we list each item
separately (meaning multiple pages of Form 4684) or can we lump them
together as one casualty loss? We have completed the Workbook 4684
and arrived at a "room by room" description of loss but
unless there is a way to submit the entire workbook to the IRS we
will be filling out at least 10 different Form 4684's.
We are not in a disaster area and none of the damage was reimbursed by insurance.
