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gob_202
New Member

Can I use expenses from a car accident as a deduction?

I didn't have insurance on the car rental and had to pay the owner the full cost of the car, $19,000, as reparations.
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2 Replies

Can I use expenses from a car accident as a deduction?

Unfortunately, not. 

DawnC
Employee Tax Expert

Can I use expenses from a car accident as a deduction?

No, those are personal non-deductible expenses.   Personal casualty losses are currently only deductible if they are attributable to a Federally Declared Disaster.

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