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Apartment Fire, Lost Everything

In December, my entire apartment building (and the one next to it) burned down due to a fire that started in another unit (so not mine). I had renter's insurance but that along with some community and Red Cross donations only covered about 55% of the losses. I still was out just over $20,000. Is this something that I can file as a deduction on my taxes, perhaps as a casualty loss or something? If so, where in TurboTax and how do I file the itemized deduction?

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Apartment Fire, Lost Everything

That is so dreadful, and I hate telling you this, but unless you were in a federally declared disaster area, your casualty loss from the fire is not deductible on your federal tax return.

 

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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