Federally Declared Natural Disaster

[Mike1251]

I was affected by Hurricane Ida in August 2021. TurboTax asked if I was affected by a Federally declared natural disaster in 2021 and I was - declaration date August 29, 2021. But Turbo Tax further says, "Select yes only if you were affected by a federally declared natural disaster that was declared before February 19, 2020. How is that possible? Is my answer yes or no?

[DMarkM1 · Accepted solution]

You should answer "No" to that question as that is a special circumstances situation (a qualified disaster loss).  However, you can still make a deduction claim for a loss that exceeds 10% of your Adjusted Gross Income under the Federal Casualty Loss category or disaster loss for a business.   Here is IRS Publication 547 for reference.  

1. Click the "Deductions & Credits" tab
2. Scroll down to "Other Deductions & Credits"
3. "Show More." 
4. You will find the "Disaster, theft...loss" topic there. 
5. DR-4611 is the Hurricane IDA major disaster declaration ID

[Hwy90]

Disaster Declarations Louisiana Hurricane Ida (4611-DR-LA)