Can I deduct a total loss vehicle caused by hitting a deer? Also I did not have gap insurance and had to pay $2000+ back? Can this be deducted?

404

Intuit Alumni

Jun 3, 2019 11:41:53 AM

Unfortunately, you're no longer allowed to deduct such losses.

Please see the TurboTax FAQ "What if I have property that was lost or damaged (a casualty loss)?" below for more information.