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    <title>topic I'M CURRENTLY ENTERING BY TAX RETURN INFO AND I NEED TO AMMEND THE INFO FOR CASUALTY LOSS FROM HURRICANE HARVEY AND DON'T KNOW HOW TO GET TO THAT AREA, CAN YOU PLEASE HELP in Deductions &amp; credits</title>
    <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-currently-entering-by-tax-return-info-and-i-need-to-ammend-the-info-for-casualty-loss-from/01/455564#M58281</link>
    <description />
    <pubDate>Tue, 04 Jun 2019 23:11:57 GMT</pubDate>
    <dc:creator>otravez-1</dc:creator>
    <dc:date>2019-06-04T23:11:57Z</dc:date>
    <item>
      <title>I'M CURRENTLY ENTERING BY TAX RETURN INFO AND I NEED TO AMMEND THE INFO FOR CASUALTY LOSS FROM HURRICANE HARVEY AND DON'T KNOW HOW TO GET TO THAT AREA, CAN YOU PLEASE HELP</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-currently-entering-by-tax-return-info-and-i-need-to-ammend-the-info-for-casualty-loss-from/01/455564#M58281</link>
      <description />
      <pubDate>Tue, 04 Jun 2019 23:11:57 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-currently-entering-by-tax-return-info-and-i-need-to-ammend-the-info-for-casualty-loss-from/01/455564#M58281</guid>
      <dc:creator>otravez-1</dc:creator>
      <dc:date>2019-06-04T23:11:57Z</dc:date>
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      <title>here is some information on how to enter information for...</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/here-is-some-information-on-how-to-enter-information-for/01/455572#M58283</link>
      <description>&lt;P&gt;here is some information on how to enter information for Casualty loss:&lt;/P&gt;&lt;P&gt;TurboTax will guide you through an interview, where they will gather the information to file the loss on Schedule A.&amp;nbsp; You will have to enter the Fair Market Value (FMV) of the property before and after the event. This can sometimes but the most difficult part. Use a good faith estimate and keep records of how you came up with the values. The difference in FMV before and FMV after the event will be your reported casualty loss.&lt;/P&gt;&lt;P&gt;Here is an IRS guidance to estimating your loss.&amp;nbsp;&lt;A rel="nofollow" href="https://www.irs.gov/businesses/small-businesses-self-employed/faqs-for-disaster-victims-casualty-loss-valuations-and-sections-165-i" target="_blank"&gt;FAQs for Disaster Victims - Casualty Loss (Valuations and Sections 165 (i))&lt;/A&gt;&amp;nbsp; There is one method that allows you to use the repair cost to restore your property as your "loss". So the repair costs have to be the difference in the FMV before and after the event. So estimate your FMV before the event and subtract the repair costs to get the FMV after the event.&lt;/P&gt;&lt;P&gt;&lt;/P&gt;&lt;P&gt;In TurboTax, jump to the entry area for casualty loss:&lt;/P&gt;&lt;OL&gt;
&lt;LI&gt;Open your return.&lt;BR /&gt;(To do this, sign in to TurboTax and select the blue&amp;nbsp;Take me to my return&amp;nbsp;button.)&lt;/LI&gt;
&lt;LI&gt;Search for "casualty loss" and then click the "Jump to" link in the search results.&lt;/LI&gt;
&lt;LI&gt;On the&amp;nbsp;Casualties and Thefts&amp;nbsp;(or&amp;nbsp;Stolen or Damaged Items)&amp;nbsp;screen, select&amp;nbsp;Yes.&lt;/LI&gt;
&lt;LI&gt;Answer the interview questions describing your event.&lt;/LI&gt;
&lt;LI&gt;When you complete the event and reach the&amp;nbsp;Property Summary&amp;nbsp;screen, you can enter&amp;nbsp;any additional property losses by selecting the&amp;nbsp;Add a Property&amp;nbsp;butto&lt;/LI&gt;
&lt;/OL&gt;</description>
      <pubDate>Tue, 04 Jun 2019 23:11:59 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/here-is-some-information-on-how-to-enter-information-for/01/455572#M58283</guid>
      <dc:creator>TunyaI</dc:creator>
      <dc:date>2019-06-04T23:11:59Z</dc:date>
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