Can car accident be deducted

sbernard · ‎February 3, 2023

Car was totaled and wanted to deduct taxes from loss of car

xmasbaby0 · ‎February 3, 2023

Was this your personal car-----not a car used for your self-employment?

Sorry....casualty losses are not deductible on your federal return unless the loss was incurred as a result of something that happened in a federal disaster area.

**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.**

DoninGA · ‎February 3, 2023

A casualty or theft loss is not deductible on a federal tax return unless the loss occurred in a federally declared disaster area.

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Can car accident be deducted