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JMD1
Level 2

Does the current version of TT implement the 2017 special casualty loss rules for Irma and Harvey victims like eliminating the 10% AGI threshold and if not, when will it?

See 2017 Disaster Tax Relief Bill

http://www.hbkcpa.com/2017-disaster-tax-relief-bill/

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Does the current version of TT implement the 2017 special casualty loss rules for Irma and Harvey victims like eliminating the 10% AGI threshold and if not, when will it?

Not until the IRS finalizes the 2017 1040 Schedule A and makes the final changes available to TurboTax.   As of now the current IRS form is the 2016 version.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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Does the current version of TT implement the 2017 special casualty loss rules for Irma and Harvey victims like eliminating the 10% AGI threshold and if not, when will it?

Not until the IRS finalizes the 2017 1040 Schedule A and makes the final changes available to TurboTax.   As of now the current IRS form is the 2016 version.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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