Out of date question for Casualty and theft events

Forum|Forum|4 months ago
March 14, 2026
1 reply
149 views

I believe TurboTax 2025 has incorrect choices in the interview for Casualty and Theft events. When you add that you have a fire loss of personal property (we lost our home in the Palisades Fire Jan 7, 2025), it gives you a pulldown for "Type of federally declared disaster" where you pick "Disaster type".

The 5th choice is "Major federally declared disaster (December 28, 2019 - December 12, 2024)."

This is INCORRECT and will result in LA fire victims having their loss limited by the 10% AGI rule, when it should NOT be. The "One Big Beautiful Bill" changed these dates and the final instructions for Form 4684 state that a Qualified Disaster includes "A major disaster that was declared by the President

during the period between January 1, 2020, and September 2, 2025. Also, this disaster must have an

incident period that began on or after December 28, 2019, and on or before July 4, 2025, and must have

ended no later than August 3, 2025."

So, TurboTax should update its question to reflect these new dates, or the Form will be filled out wrong!

PatriciaV

Level 15

Even though the drop-down does not include dates in 2025, Form 4684 is correct and lists federal major disasters from 12/28/2019-07/04/2025. The full amount of the loss (less $500 for qualified disaster rules) is reported on Schedule A Line 16.

We will report the drop-down correction to tech support.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"