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I had a flood insurance loss on Dec 20th it is still on going. do I write the loss off in 2016 or 2017?
Do I just write off my deductable in 2016
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I had a flood insurance loss on Dec 20th it is still on going. do I write the loss off in 2016 or 2017?
If you already know the financial impact (losses minus insurance reimbursement) claim it in 2016. Otherwise, claim everything next year.
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I had a flood insurance loss on Dec 20th it is still on going. do I write the loss off in 2016 or 2017?
If you already know the financial impact (losses minus insurance reimbursement) claim it in 2016. Otherwise, claim everything next year.