Yea.
To report the Casualty or Event in TurboTax Online, please
do the following:
- Sign into your Online account
- Click the
blue button that says "Take me to
my return."
- Click Federal on the left-hand side panel.
- Click
on Deductions & Credits at
the top of the page.
- Scroll
down and click on "more deductions"
- Click "See list of all tax deductions"
- Scroll
down to Other Deductions, click Show More, next, check the No box
to answer: Did you have anything
stolen or damaged in 2017?
Affected taxpayers in a
Presidential Disaster Area have the option of claiming disaster-related
casualty losses on their federal income tax return. This will allow you to take
the Casualty and
Theft Deduction. This deduction
covers property that’s damaged as a result of a disaster, such as a storm,
flood, fire, car accident, or similar event, and also covers stolen property.
Property includes anything you own.
When you report
the damages in the TurboTax program,
there will be a description box where you can enter the notation.
