In general, no.
Damages to your swimming pool aren't tax deductible if the damages weren't due to a federally declared disaster.
If the flood was a federally declared disaster, you can claim the damage not covered by insurance (your deductible) as a disaster loss. This deduction is an itemized deduction on Schedule A.
The first $100 of loss isn't tax-deductible, but the remainder of the loss is tax-deductible to the extent that it exceeds 10% of your adjusted gross income.
Please read this TurboTax blog for more information.
@msevetteh
[Edited 01/28.2024 | 1:51 PM PST]
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