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Level 2
posted Jun 3, 2019 12:49:21 PM

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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1 Best answer
Level 15
Jun 3, 2019 12:49:22 PM

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.

1 Replies
Level 15
Jun 3, 2019 12:49:22 PM

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.