Yes, you can claim
the food lost in your freezers due to Hurricane Irma. TurboTax will guide you through the steps and ask you about your insurance coverage. Sign into TurboTax and follow these steps:
- Open your return.
(To do this, sign in to TurboTax and select the blue Take me to my return button.)
- Search for "casualty loss" and then click the "Jump to" link in the search results.
- On the Casualties and Thefts (or Stolen or Damaged Items) screen, select Yes.
- Answer the interview questions describing your event.
- When you complete the event and reach the Property Summary screen, you can enter any additional property losses by selecting the Add a Property button.
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 assist you with this by following the steps above.
From
<https://www.irs.gov/businesses/small-businesses-self-employed/faqs-for-disaster-victims-calculating-...>
