Drunk driver hit vehicle, May 6, 2023. $500 deductible on policy. Can it be claimed on 2023 tax return?

Drunk driver hit car. $500 deductible. Not paid back. Can it be claimed on tax return?

posted

No. Casualty losses are not deductible on your federal return for damage to your personal vehicle.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Are personal property taxes paid to my county government deductible on my federal or state taxes?

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Drunk driver hit vehicle, May 6, 2023. $500 deductible on policy. Can it be claimed on 2023 tax return?

Drunk driver hit vehicle, May 6, 2023. $500 deductible on policy. Can it be claimed on 2023 tax return?

Get more help

Do you have a TurboTax Online account?

Drunk driver hit vehicle, May 6, 2023. $500 deductible on policy. Can it be claimed on 2023 tax return?

Do you have an Intuit account?

Drunk driver hit vehicle, May 6, 2023. $500 deductible on policy. Can it be claimed on 2023 tax return?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert