Gina2020
New Member

TORNADO IN 2020 AND NO FEDERALLY DECLARED DISASTER. HOW CAN I CLAIM THIS LOSS?

  1. I survived a tornado in April of 2020  (Covid lockdown) but my 120 year old farmhouse did not fare so well.  My insurance was useless and I took a distribution from my 401 K to repair my home under the Cares Act (Thank you Trump!).  How do I claim my loss?   I was in a state declared disaster zone but this was not acceptable to the IRS. (Only Federally Declared numbers were accepted).    I was told to contact my state representatives as they create the tax laws.  I paid huge taxes in 2020 due to the distribution I took to make repairs on my home.  Is there anything I can do as far as an amendment to recoup any of these monies before time runs out to amend.  Any helpful advice is appreciated!  It's so unfair.  I was taxed at the same rate as someone in a Federally Declared Zone, but I didn't qualify.  Any helpful advice is appreciated.