First, there is no allowable loss on Schedule A for personal property. For tax years 2018 through 2025, if you are an individual, casualty or theft losses of personal-use property are deductible only if the loss is attributable to a federally declared disaster. Personal casualty and theft losses attributable to a federally declared disaster are subject to the $500 per casualty limitation." (from 4684 instructions). Use this link: 4684 Instructions
Now to address your concern, if they reimbursed you for the loss of your vehicle, you need the appraisal or whatever they used to determine how much they reimbursed you for the loss. If you have an online account with your insurance company you should be able to download it there. You had to file a Claim with the insurance company for them to be able to reimburse you,
A customer cannot deduct a personal loss on Schedule A if the
loss is not part of a federally declared disaster this year. ".
@vdesign
[Edited 3/7/2022 8:40 PST]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
