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New Member
posted Jun 4, 2019 4:55:11 PM

Do I need a police report to claim stolen property?

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1 Best answer
Intuit Alumni
Jun 4, 2019 4:55:12 PM

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]

1 Replies
Intuit Alumni
Jun 4, 2019 4:55:12 PM

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]