PaulaM
Employee Tax Expert

Investors & landlords

Personal property losses are entered as an itemized deduction on schedule A. Your loss must exceed 10% of your AGI, after subtracting $100 from the total.

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'casualties and thefts' in the box, then select GO

https://www.irs.gov/publications/p17/ch25.html

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