Can I deduct loss of property by theft, if I have a judgement awarded to me from stolen property and the defendant has not paid.

moann64 · ‎June 4, 2019

This was a cash deposit stolen.

xmasbaby0 · ‎June 4, 2019

No. Casualty and theft losses were eliminated as a deduction by the new tax laws.

**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.**

View solution in original post

xmasbaby0 · ‎June 4, 2019

No. Casualty and theft losses were eliminated as a deduction by the new tax laws.

**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.**

Expert does your taxes

Do it yourself

Resources

Support

Can I deduct loss of property by theft, if I have a judgement awarded to me from stolen property and the defendant has not paid.