You'll need to sign in or create an account to connect with an expert.
is it personal or business?. personal casualty losses are not deductible for 2018-2025. if it's business you're entering in the wrong form or section. we can't see what you are doing contact support if it's business
For tax years 2018 through 2025, a personal casualty and theft loss of personal-use property for an individual is deductible only if attributable to a federally-declared disaster.
Was it used for business or destroyed in a federally declared natural disaster? If not, personal property losses are not deductible.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
KarenL
Employee Tax Expert
tbduvall
Level 4
cj5
Level 2
wilsonbrokl
New Member
v8899
Returning Member