You can claim your
car damage deductible as a casualty and theft loss.
As part of hurricane
tax relief, you can deduct your loss (minus $500) along with your usual Standard Deduction. This means you’ll be
able to claim everything you lost over $500 without having to itemize deductions
on your taxes.
Make sure to
indicate in the My Info section that you were affected by a hurricane (see
attached screenshot).
To enter your loss
in TurboTax, please follow these steps:
- Click on Search on the top right of your
screen
- In the search box, type casualty
loss then click on the magnifying glass icon on the right
- In the search result page,
click on Jump to Casualty loss
- TurboTax will take you
through a questionnaire where you can enter the details of your loss
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