You'll need to sign in or create an account to connect with an expert.
No, you don't need to include your home damage on your tax return.
No, you do not need to report that insurance payment.
Casualty and theft losses are not reported on a federal tax return unless they occurred in a federally declared disaster area.
There is nothing to enter in a tax return about that.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mtl7770
Level 2
kimberlyjane11
Level 1
nathinteny
New Member
needdeductions
New Member
Krbnsol
New Member