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My storage unit was burglarized, and items were stolen that was worth thousands of dollars. Can I write this loss off on my taxes?

I made a police report and a supplemental report. Nothing happened.
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Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

My storage unit was burglarized, and items were stolen that was worth thousands of dollars. Can I write this loss off on my taxes?

Casualty losses except for in federal disasters are not deductible on your federal return but your state might have a different policy. 

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1 Reply
Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

My storage unit was burglarized, and items were stolen that was worth thousands of dollars. Can I write this loss off on my taxes?

Casualty losses except for in federal disasters are not deductible on your federal return but your state might have a different policy. 

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