How do I file on hurricane Irma damage on turbotax?

jkff33 — Tue, 04 Jun 2019 23:09:17 GMT

You can deduct losses of items such as food in freezers a...

LisaBr — Tue, 04 Jun 2019 23:09:18 GMT

You can deduct losses of items such as food in freezers and damage caused due to the hurricane. These can be claimed on Schedule A as Itemized Deductions. TurboTax will calculate any disaster losses you may have due to the electricity being cut off for an extended period.

Go to Deductions and Credits on TurboTax
Select Other Deductions and Credits at the bottom of the page
Select Casualties and Thefts
Answer the questions and you will be able to claim any losses you incurred.

To qualify, a loss must be attributable to a federally declared disaster and occur in an area determined by the President to warrant assistance by the federal government under the Stafford Act, such as Hurricane Irma. The deduction is limited to the “net disaster loss” which consists of the excess of personal casualty losses attributable to a federally declared disaster over personal casualty gains. TurboTax will figure what is allowable based on how you answers the questions in the program.

The following IRS link may be helpful:

https://turbotax.intuit.com/tax-tips/investments-and-taxes/how-to-report-stock-options-on-your-tax-r...

topic How do I file on hurricane Irma damage on turbotax? in Deductions & credits

How do I file on hurricane Irma damage on turbotax?

You can deduct losses of items such as food in freezers a...