Can I deduct my Home Ownwers Insurance deductable

[davejleach10]

I filed an home owners insurance claim for damage to my house in Hurricane Matthew.  The insurance company acceptect my claim but I had to pay a 8000 deductible.  Can I deduct my deductible on my taxes

[NicoleU]

If you lose property to a fire, hurricane, storm damage or a thief, you can write off your financial losses on your taxes. You can't take a deduction for anything your insurance pays for.

However, y ou can claim whatever the insurance doesn't pay for, though, and that figure includes whatever you paid in deductibles.

In TurboTax, please do the following:

1. Click Federal Taxes
2. Click Deductions & Credits
3. Look for Other Deductions and Credits
4. Casualties and Thefts, click Start
5. Stolen or Damaged Items: Did you have anything stolen or damaged in 2016?, click Yes
6. Losses From Fraudulent Investments, click No
7. Casualty or Theft Event. type in the description and date