topic NO, you do not deduct a casualty loss if you were reimbur... in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-you-do-not-deduct-a-casualty-loss-if-you-were-reimbur/01/550623#M71178 <P>NO, you do not deduct a casualty loss if you were reimbursed by the insurance company.</P> Wed, 05 Jun 2019 05:22:19 GMT Coleen3 2019-06-05T05:22:19Z My daughter crashed my vehicle and it was a total loss. They paid me the market value of the car, do I still need to add that amount to my taxes? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-daughter-crashed-my-vehicle-and-it-was-a-total-loss-they-paid-me-the-market-value-of-the-car-do-i/01/550617#M71175 Wed, 05 Jun 2019 05:22:18 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-daughter-crashed-my-vehicle-and-it-was-a-total-loss-they-paid-me-the-market-value-of-the-car-do-i/01/550617#M71175 michelleojeda64 2019-06-05T05:22:18Z NO, you do not deduct a casualty loss if you were reimbur... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-you-do-not-deduct-a-casualty-loss-if-you-were-reimbur/01/550623#M71178 <P>NO, you do not deduct a casualty loss if you were reimbursed by the insurance company.</P> Wed, 05 Jun 2019 05:22:19 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-you-do-not-deduct-a-casualty-loss-if-you-were-reimbur/01/550623#M71178 Coleen3 2019-06-05T05:22:19Z