Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
La-visitor
Level 1

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

 
1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

There is no deduction for loss of income. Since it is an income tax, you have less income to pay tax on.

View solution in original post

5 Replies
La-visitor
Level 1

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

Secondly, Why wont Turbo tax let you e-file when i there is a 401k withdrawl for hurricane harvey related expenses.
Coleen3
Intuit Alumni

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

What happens specifically.
La-visitor
Level 1

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

At the end it says cannot efile due to 401k withdrawl but we will help you fill out mailing forms.
Coleen3
Intuit Alumni

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

Unfortunately, that is correct. The only other option is delete the entry, e-file (pay penalty) and then amend when it is accepted. I am personally not in favor of amending unless you absolutely have to.
Coleen3
Intuit Alumni

How do i claim loss of income due to Hurricane Harvey, Turbo tax only gives options for casualty losses.

There is no deduction for loss of income. Since it is an income tax, you have less income to pay tax on.

Dynamic AdsDynamic Ads
Privacy Settings
v