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Can I declare house casualty losses from heavy rain that caused sudden collapse of our foundation wall and insurance did not pay?
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posted
June 4, 2019
4:31 PM
last updated
June 04, 2019
4:31 PM


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Can I declare house casualty losses from heavy rain that caused sudden collapse of our foundation wall and insurance did not pay?
You can no longer claim a casualty loss unless it is caused by a federally declared disaster. This is a new provision in the new Tax Cuts and Jobs Act.
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June 4, 2019
4:31 PM
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