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Can I claim my stolen car on my taxes somewhere as a loss?

My car was stolen in February  can I report this in my taxes as a loss?
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2 Replies

Can I claim my stolen car on my taxes somewhere as a loss?

Sorry, no.  A Casualty or Theft loss on personal property is not deductible on a federal tax return if the loss did not occur in a federally declared disaster area.

Can I claim my stolen car on my taxes somewhere as a loss?

Your personal use vehicle--not used for self-employment?   Sorry, no.   Casualty and theft losses are not deductible on a federal return since the tax laws changed for 2018 and beyond.

 

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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