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posted Jun 5, 2019 11:56:03 PM

Can I deduct theft of personal property

I had equipment stoen from my garage.  Can I deduct the cost of this equipment from my taxes

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1 Best answer
Level 15
Jun 5, 2019 11:56:04 PM

Personal casualty and theft losses have been eliminated as a deduction by the new tax laws.  Sorry.

https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

1 Replies
Level 15
Jun 5, 2019 11:56:04 PM

Personal casualty and theft losses have been eliminated as a deduction by the new tax laws.  Sorry.

https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return