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raiin_23
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Do I need a police report to claim stolen property?

 
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JohnW15
Intuit Alumni

Do I need a police report to claim stolen property?

Due to tax reform legislation, the deduction for personal casualty or theft losses has been suspended (eliminated) for tax years 2018 through 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.

[Edited 3|16|2020 2:10 pm]

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1 Reply
JohnW15
Intuit Alumni

Do I need a police report to claim stolen property?

Due to tax reform legislation, the deduction for personal casualty or theft losses has been suspended (eliminated) for tax years 2018 through 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.

[Edited 3|16|2020 2:10 pm]

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