Does damage to a RV from weather count as personal property casualty?
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Yes, if the damage resulted from a weather event like a hurricane or tornado. If it was due to progressive deterioration from weather, it is not deductible. When you lose an item due to an accident, theft, or act of nature, you may have a tax deduction for the value of the property that is not covered by your insurance. Deductible casualty losses can result from a variety of causes such as car accidents, earthquakes, floods, fire, hurricanes, or vandalism.
Casualties that are not deductible losses include progressive deterioration such as termite or moth damage. Also the loss of a personal belonging, like a ring that is dropped in the garbage disposal, is not deductible.
To enter into TurboTax, jump to the entry area for casualty loss:
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