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mp4569
New Member

Do Hurricane Florence victims qualify for the $500 casualty loss haircut and take the standard deduction as opposed to being required to itemize with the 10% floor?

I suffered substantial damage from Hurricane Florence. The 2018 casualty loss form provides for a $500 casualty loss haircut and allows a standard deduction as opposed to being required to itemize with the 10% floor. Hurricane Irma & Maria occurred before 2018. The $500 provision is still in tack in 2018. This is the 3rd time I asked this question. Please send me an answer.

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Anonymous
Not applicable

Do Hurricane Florence victims qualify for the $500 casualty loss haircut and take the standard deduction as opposed to being required to itemize with the 10% floor?

determining whether your property is a in a Federally declared disater area is not a tax question but here's the answer. North Carolina Hurricane Florence (DR-4393)

Incident Period: September 07, 2018 - September 29, 2018

Major Disaster Declaration declared on September 14, 2018

Designated Counties (Individual Assistance):


Anson, Beaufort, Bladen, Brunswick, Carteret, Chatham, Columbus, Craven, Cumberland, Duplin, Durham, Greene, Guilford, Harnett, Hoke, Hyde, Johnston, Jones, Lee, Lenoir, Moore, New Hanover, Onslow, Orange, Pamlico, Pender, Pitt, Richmond, Robeson, Sampson, Scotland, Union, Wayne, Wilson


South Carolina Hurricane Florence (DR-4394)

Incident Period: September 08, 2018 - October 08, 2018

Major Disaster Declaration declared on September 16, 2018

Chesterfield, Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro

these counties in the states cited are federally declared disaster areas


file 4684 with return complete part A 



by the way you could have contacted FEMA to see if your property is in a qualified disaster area.  


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